WATER PLANT UNIT

Operated by SAGE NATURAL RESOURCES LLC (P-5 743223) 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 261123District 09Field 65280200GasSaveExport
Value, all time
$5.1 M
Nov 2010 – Jul 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
141
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
GasProduction1,403,198 Mcf$5,085,653
Total$5,085,653

Every month this lease reported (141)

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

141 months

Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20201,54830.341.86$2,873
Feb 20204,51249.881.98$8,937
Jan 20204,37257.252.09$9,158
Dec 20193,16559.012.30$7,293
Nov 20192,17155.302.75$5,972
Oct 20192,68353.472.42$6,489
Sep 20193,78655.052.66$10,060
Aug 20194,53053.112.30$10,439
Jul 20193,47856.272.46$8,556
Jun 20194,01652.782.49$10,005
May 20194,58958.482.74$12,575
Apr 20194,62462.632.75$12,719
Mar 20194,41056.803.06$13,504
Feb 20194,15750.852.79$11,607
Jan 20194,27346.033.23$13,794
Dec 20184,50446.594.19$18,851
Nov 20184,35152.934.24$18,436
Oct 20184,83261.443.40$16,420
Sep 20184,30759.543.11$13,386
Aug 20185,25259.403.07$16,106
Jul 20184,72265.142.93$13,844
Jun 20185,01760.183.08$15,437
May 20185,55865.382.90$16,123
Apr 20185,18463.842.90$15,038
Mar 20185,36161.222.79$14,940
Feb 20185,02361.782.77$13,894
Jan 20185,42262.874.01$21,739
Dec 20175,23157.272.92$15,282
Nov 20175,37255.423.12$16,752
Oct 20174,46149.292.98$13,310
Sep 20174,84447.523.09$14,955
Aug 20175,16145.373.00$15,506
Jul 20175,13343.873.09$15,847
Jun 20175,79842.493.09$17,900
May 20176,20245.373.26$20,240
Apr 20175,76747.933.21$18,521
Mar 20176,50846.772.98$19,418
Feb 20176,13350.452.95$18,108
Jan 20176,26049.413.42$21,402
Dec 20166,04348.763.72$22,497
Nov 20165,88742.492.64$15,567
Oct 20167,37446.193.09$22,788
Sep 20167,13441.553.10$22,120
Aug 20167,50341.442.92$21,941
Jul 20163,73541.622.92$10,922
Jun 20166,39045.352.69$17,162
May 20164,93642.521.99$9,828
Apr 20162,95536.561.99$5,884
Mar 20165,90333.011.79$10,590
Feb 20168,31926.472.06$17,167
Jan 20168,58927.352.36$20,307
Dec 20157,47332.362.00$14,957
Nov 20157,36238.792.17$15,956
Oct 20159,65543.552.43$23,429
Sep 20158,63142.992.76$23,808
Aug 20159,53140.162.87$27,378
Jul 201510,00948.152.95$29,477
Jun 20159,18356.152.88$26,473
May 20159,31755.212.96$27,536
Apr 201510,57349.822.71$28,617
Mar 201511,42542.892.93$33,529
Feb 201510,40844.662.98$30,976
Jan 201511,47843.433.10$35,589
Dec 201411,75554.693.59$42,216
Nov 201411,35170.464.25$48,263
Oct 201411,93078.303.90$46,538
Sep 201411,57686.164.05$46,830
Aug 201412,21689.394.04$49,293
Jul 201412,49296.564.18$52,212
Jun 201412,31898.164.74$58,349
May 201413,24894.734.73$62,617
Apr 201413,03395.944.81$62,677
Mar 201413,32395.895.06$67,372
Feb 201411,85197.406.19$73,381
Jan 201412,94290.404.86$62,907
Dec 201313,35191.824.35$58,137
Nov 201312,81688.853.74$47,910
Oct 201314,50697.423.78$54,823
Sep 201314,261104.113.72$53,019
Aug 201315,499104.253.52$54,597
Jul 201316,037102.523.72$59,621
Jun 201315,69694.403.93$61,739
May 201317,16394.834.15$71,211
Apr 201316,73293.964.28$71,656
Mar 201317,60093.623.91$68,867
Feb 201316,62891.233.42$56,866
Jan 201319,66091.603.42$67,235
Dec 201221,51186.773.42$73,571
Nov 201221,49886.953.62$77,929
Oct 201210,85489.383.40$36,900
Sep 20121,41794.672.92$4,135
Aug 20128,08492.662.91$23,510
Jul 201214,40685.133.02$43,518
Jun 201216,92879.822.52$42,642
May 201219,13591.612.49$47,614
Apr 201218,905101.652.00$37,750
Mar 201220,245105.052.22$44,986
Feb 201219,704101.102.57$50,644
Jan 201222,24198.092.73$60,809
Dec 201123,79796.873.24$77,096
Nov 201117,46895.723.31$57,841
Oct 201119,51084.983.65$71,183
Sep 201121,88783.623.99$87,237
Aug 201126,57483.404.15$110,264
Jul 201129,81194.144.52$134,663
Jun 201131,46892.904.64$146,008
May 201134,99498.134.40$154,142
Apr 201137,633105.964.33$163,074
Mar 201144,99296.364.06$182,548
Feb 201141,59885.644.18$173,879
Jan 201162,53786.504.59$286,969
Dec 201068,99085.734.35$299,951
Nov 201036,49780.843.80$138,518

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.

Mar 2020 — as filed, then multipliedworked
Gas                1,548 Mcf  × $  1.86 =     $2,873

────────────────────────────────────────────────────
Month total                                   $2,873

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/261123 is the state's own key, not one this site invented.