GIBSON-PERRIGO UNIT SL

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) 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 261664District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Jul 2006 – Apr 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition14 bbl$887
GasProduction590,978 Mcf$3,182,560
Total$3,183,447

Every month this lease reported (94)

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

94 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013091104.253.52$321
Jul 2013095102.523.72$353
Jun 2013074094.403.93$2,911
May 2013030794.834.15$1,274
Apr 201304,55893.964.28$19,520
Mar 201304,49193.623.91$17,573
Feb 201305,05891.233.42$17,298
Jan 201305,35391.603.42$18,307
Dec 201205,49986.773.42$18,807
Nov 201204,55986.953.62$16,526
Oct 201204,43789.383.40$15,084
Sep 201204,37994.672.92$12,780
Aug 201204,43592.662.91$12,898
Jul 201206,14185.133.02$18,551
Jun 201206,59379.822.52$16,608
May 201207,12691.612.49$17,732
Apr 201206,256101.652.00$12,492
Mar 201204,893105.052.22$10,873
Feb 201205,961101.102.57$15,321
Jan 201206,70198.092.73$18,321
Dec 201103,94796.873.24$12,787
Nov 201103,04595.723.31$10,083
Oct 201105,67484.983.65$20,702
Sep 201107,47783.623.99$29,802
Aug 2011047583.404.15$1,971
Jul 201106,17394.144.52$27,885
Jun 201106,96992.904.64$32,335
May 201115,32998.134.40$23,571
Apr 201101,507105.964.33$6,530
Mar 201108,47596.364.06$34,386
Feb 201115,40485.644.18$22,674
Jan 201117,56386.504.59$34,791
Dec 201003,60685.734.35$15,678
Nov 201002,11580.843.80$8,027
Oct 201004,16478.103.51$14,611
Sep 2010010,64272.633.98$42,350
Aug 2010010,94073.684.42$48,348
Jul 201008,69672.554.74$41,189
Jun 201008,67570.364.91$42,598
May 2010010,18471.124.24$43,131
Apr 201008,32781.694.12$34,330
Mar 2010010,22278.394.39$44,861
Feb 2010010,03373.585.44$54,603
Jan 2010011,48674.365.96$68,504
Dec 2009010,48671.445.48$57,503
Nov 2009111,97374.593.75$44,991
Oct 2009011,37272.544.11$46,742
Sep 2009014,10065.543.06$43,213
Aug 2009016,61267.423.22$53,466
Jul 2009016,21461.133.46$56,173
Jun 200904,91966.163.90$19,160
May 200905,62254.743.93$22,071
Apr 200905,47846.773.59$19,652
Mar 200905,71242.144.06$23,185
Feb 200905,65432.814.63$26,195
Jan 200905,33735.865.37$28,665
Dec 200804,82637.105.98$28,846
Nov 200807,63555.496.86$52,379
Oct 200807,66875.246.92$53,078
Sep 200808,107101.767.88$63,860
Aug 200807,818114.228.48$66,320
Jul 200806,249131.0811.39$71,173
Jun 200807,104131.3313.03$92,584
May 200807,491123.1711.57$86,703
Apr 200807,112110.3110.45$74,355
Mar 200807,564101.909.66$73,099
Feb 200807,96292.538.77$69,831
Jan 200803,80990.388.21$31,256
Dec 200701,86688.337.30$13,625
Nov 200701991.677.29$139
Oct 2007088482.856.92$6,119
Sep 200703,08575.846.24$19,263
Aug 200706,04169.066.39$38,590
Jul 200706,62770.906.39$42,333
Jun 200707,56662.007.55$57,112
May 200708,63658.747.85$67,760
Apr 2007010,13759.617.81$79,121
Mar 200736,18656.927.30$45,341
Feb 200707,44255.108.22$61,143
Jan 2007411,05350.306.73$74,553
Dec 2006312,89156.656.92$89,356
Nov 200608,77754.207.62$66,859
Oct 2006014,04154.906.01$84,440
Sep 2006015,15160.085.04$76,319
Aug 2006019,37968.717.34$142,240
Jul 200605,57269.376.34$35,342

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.

Aug 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.25 =         $0
Gas                   91 Mcf  × $  3.52 =       $321

────────────────────────────────────────────────────
Month total                                     $321

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/261664 is the state's own key, not one this site invented.