WOODWARD UNIT
Operated by CROWN EQUIPMENT CO. (P-5 191534) 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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Condensate | Disposition | 56 bbl | $5,838 |
| Gas | Production | 111,761 Mcf | $472,074 |
| Total | $477,912 | ||
Every month this lease reported (42)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
42 months
| Oct 2013 | 0 | 0 | 97.42 | 3.78 | $0 |
| Sep 2013 | 0 | 0 | 104.11 | 3.72 | $0 |
| Aug 2013 | 56 | 0 | 104.25 | 3.52 | $5,838 |
| Jul 2013 | 0 | 0 | 102.52 | 3.72 | $0 |
| Jun 2013 | 0 | 0 | 94.40 | 3.93 | $0 |
| May 2013 | 0 | 0 | 94.83 | 4.15 | $0 |
| Apr 2013 | 0 | 0 | 93.96 | 4.28 | $0 |
| Mar 2013 | 0 | 0 | 93.62 | 3.91 | $0 |
| Feb 2013 | 0 | 0 | 91.23 | 3.42 | $0 |
| Jan 2013 | 0 | 0 | 91.60 | 3.42 | $0 |
| Dec 2012 | 0 | 0 | 86.77 | 3.42 | $0 |
| Nov 2012 | 0 | 0 | 86.95 | 3.62 | $0 |
| Oct 2012 | 0 | 0 | 89.38 | 3.40 | $0 |
| Sep 2012 | 0 | 0 | 94.67 | 2.92 | $0 |
| Aug 2012 | 0 | 0 | 92.66 | 2.91 | $0 |
| Jul 2012 | 0 | 0 | 85.13 | 3.02 | $0 |
| Jun 2012 | 0 | 0 | 79.82 | 2.52 | $0 |
| May 2012 | 0 | 0 | 91.61 | 2.49 | $0 |
| Apr 2012 | 0 | 0 | 101.65 | 2.00 | $0 |
| Mar 2012 | 0 | 0 | 105.05 | 2.22 | $0 |
| Feb 2012 | 0 | 0 | 101.10 | 2.57 | $0 |
| Jan 2012 | 0 | 0 | 98.09 | 2.73 | $0 |
| Dec 2011 | 0 | 0 | 96.87 | 3.24 | $0 |
| Nov 2011 | 0 | 0 | 95.72 | 3.31 | $0 |
| Oct 2011 | 0 | 0 | 84.98 | 3.65 | $0 |
| Sep 2011 | 0 | 0 | 83.62 | 3.99 | $0 |
| Aug 2011 | 0 | 0 | 83.40 | 4.15 | $0 |
| Jul 2011 | 0 | 0 | 94.14 | 4.52 | $0 |
| Jun 2011 | 0 | 0 | 92.90 | 4.64 | $0 |
| May 2011 | 0 | 8,316 | 98.13 | 4.40 | $36,630 |
| Apr 2011 | 0 | 7,846 | 105.96 | 4.33 | $33,999 |
| Mar 2011 | 0 | 9,087 | 96.36 | 4.06 | $36,869 |
| Feb 2011 | 0 | 6,711 | 85.64 | 4.18 | $28,052 |
| Jan 2011 | 0 | 7,464 | 86.50 | 4.59 | $34,251 |
| Dec 2010 | 0 | 9,734 | 85.73 | 4.35 | $42,321 |
| Nov 2010 | 0 | 8,179 | 80.84 | 3.80 | $31,042 |
| Oct 2010 | 0 | 11,862 | 78.10 | 3.51 | $41,622 |
| Sep 2010 | 0 | 12,196 | 72.63 | 3.98 | $48,534 |
| Aug 2010 | 0 | 12,076 | 73.68 | 4.42 | $53,368 |
| Jul 2010 | 0 | 12,051 | 72.55 | 4.74 | $57,079 |
| Jun 2010 | 0 | 2,789 | 70.36 | 4.91 | $13,695 |
| May 2010 | 0 | 3,450 | 71.12 | 4.24 | $14,612 |
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.
Condensate 56 bbl × $104.25 = $5,838 Gas 0 Mcf × $ 3.52 = $0 ──────────────────────────────────────────────────── Month total $5,838
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/256939 is the state's own key, not one this site invented.