BBC TRWD A UNIT

Operated by XTO ENERGY INC. (P-5 945936) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256134District 09Field 65280200GasSaveExport
Value, all time
$284 k
May 2007 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction43,023 Mcf$283,748
Total$283,748

Every month this lease reported (92)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

92 months

Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011596.873.24$16
Nov 2011095.723.31$0
Oct 20112184.983.65$77
Sep 20111383.623.99$52
Aug 20113883.404.15$158
Jul 2011094.144.52$0
Jun 20112892.904.64$130
May 2011098.134.40$0
Apr 20111105.964.33$4
Mar 2011096.364.06$0
Feb 20112985.644.18$121
Jan 2011086.504.59$0
Dec 2010485.734.35$17
Nov 2010080.843.80$0
Oct 201027778.103.51$972
Sep 2010072.633.98$0
Aug 2010873.684.42$35
Jul 2010172.554.74$5
Jun 2010870.364.91$39
May 2010071.124.24$0
Apr 2010581.694.12$21
Mar 2010778.394.39$31
Feb 2010073.585.44$0
Jan 20102474.365.96$143
Dec 2009071.445.48$0
Nov 200910174.593.75$379
Oct 200965772.544.11$2,700
Sep 200937665.543.06$1,152
Aug 200922267.423.22$715
Jul 2009061.133.46$0
Jun 200910466.163.90$405
May 200929654.743.93$1,162
Apr 20091,79046.773.59$6,422
Mar 20095,20942.144.06$21,143
Feb 20091,32832.814.63$6,153
Jan 20091,10935.865.37$5,956
Dec 20081,61137.105.98$9,629
Nov 20087,74055.496.86$53,099
Oct 20084,46275.246.92$30,886
Sep 2008500101.767.88$3,939
Aug 20080114.228.48$0
Jul 2008443131.0811.39$5,046
Jun 2008400131.3313.03$5,213
May 2008410123.1711.57$4,745
Apr 2008293110.3110.45$3,063
Mar 2008270101.909.66$2,609
Feb 200832092.538.77$2,807
Jan 200831490.388.21$2,577
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 20076682.856.92$457
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 20077,92462.007.55$59,814
May 20076,60958.747.85$51,856

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2011 — as filed, then multipliedworked
Gas                    5 Mcf  × $  3.24 =        $16

────────────────────────────────────────────────────
Month total                                      $16

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/256134 is the state's own key, not one this site invented.