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 65280200GasSave
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

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.