DIXIE-BEDNARZ (SA)

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 264321District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Nov 2011 – Apr 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
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
GasProduction1,081,322 Mcf$3,513,358
Total$3,513,358

Every month this lease reported (90)

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

90 months

Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 20181661.782.77$44
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 20171655.423.12$50
Oct 20171049.292.98$30
Sep 2017447.523.09$12
Aug 20176,07345.373.00$18,246
Jul 20176,54543.873.09$20,206
Jun 20175,61042.493.09$17,320
May 20177,18245.373.26$23,438
Apr 20177,69847.933.21$24,723
Mar 20178,10246.772.98$24,174
Feb 20177,44150.452.95$21,970
Jan 20178,33949.413.42$28,509
Dec 20168,76448.763.72$32,627
Nov 20168,21042.492.64$21,710
Oct 20168,74146.193.09$27,012
Sep 20167,86741.553.10$24,393
Aug 20168,89941.442.92$26,024
Jul 20168,79541.622.92$25,720
Jun 20168,21345.352.69$22,059
May 20169,30542.521.99$18,527
Apr 20168,95636.561.99$17,832
Mar 20169,43833.011.79$16,932
Feb 20169,25426.472.06$19,097
Jan 201610,30127.352.36$24,355
Dec 20159,70532.362.00$19,424
Nov 20159,67738.792.17$20,973
Oct 20159,88743.552.43$23,992
Sep 201510,00542.992.76$27,598
Aug 201510,73440.162.87$30,833
Jul 201510,68248.152.95$31,459
Jun 20159,99956.152.88$28,826
May 201510,31555.212.96$30,485
Apr 201510,54449.822.71$28,538
Mar 201510,28142.892.93$30,172
Feb 20159,87544.662.98$29,390
Jan 201511,17743.433.10$34,656
Dec 201411,50454.693.59$41,315
Nov 201410,83570.464.25$46,069
Oct 201411,68678.303.90$45,587
Sep 201411,58786.164.05$46,875
Aug 201412,35789.394.04$49,862
Jul 201412,50296.564.18$52,253
Jun 201412,47498.164.74$59,088
May 201413,01094.734.73$61,493
Apr 201412,34295.944.81$59,354
Mar 201413,16295.895.06$66,558
Feb 201411,16797.406.19$69,146
Jan 201415,02090.404.86$73,008
Dec 201314,48791.824.35$63,083
Nov 201313,67588.853.74$51,121
Oct 201311,23697.423.78$42,465
Sep 201313,663104.113.72$50,795
Aug 201316,382104.253.52$57,707
Jul 201315,817102.523.72$58,803
Jun 201317,40394.403.93$68,453
May 201319,92694.834.15$82,675
Apr 201317,73493.964.28$75,947
Mar 201319,18193.623.91$75,053
Feb 201317,63891.233.42$60,320
Jan 201320,15491.603.42$68,925
Dec 201220,85286.773.42$71,317
Nov 201220,78386.953.62$75,338
Oct 201221,54389.383.40$73,239
Sep 201222,59894.672.92$65,950
Aug 201223,52692.662.91$68,417
Jul 201225,38185.133.02$76,671
Jun 201226,67679.822.52$67,198
May 201230,63891.612.49$76,237
Apr 201230,680101.652.00$61,262
Mar 201231,793105.052.22$70,647
Feb 201234,864101.102.57$89,609
Jan 201246,11198.092.73$126,071
Dec 201160,14596.873.24$194,854
Nov 201154,13095.723.31$179,240

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.

Feb 2018 — as filed, then multipliedworked
Gas                   16 Mcf  × $  2.77 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/264321 is the state's own key, not one this site invented.