HORAN B

Operated by ARROWHEAD PRODUCTIONS, LP (P-5 33523) 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 275392District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
May 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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
CondensateDisposition31,523 bbl$2,412,624
GasProduction459,323 Mcf$1,707,819
Total$4,120,443

Every month this lease reported (205)

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

205 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220235101.587.54$1,772
Jun 20220776115.097.98$6,190
May 20220677109.378.43$5,709
Apr 202201,209104.226.84$8,267
Mar 20220262108.885.08$1,330
Feb 202204891.054.86$233
Jan 202208381.844.54$377
Dec 2021014571.323.90$565
Nov 2021018377.435.24$958
Oct 2021016779.795.71$954
Sep 2021036869.865.35$1,969
Aug 2021042966.024.22$1,811
Jul 20210970.783.98$36
Jun 2021017169.493.38$578
May 2021027063.483.02$815
Apr 2021032960.362.76$908
Mar 2021010061.302.72$272
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202015917736.972.48$6,317
Sep 20200037.091.99$0
Aug 2020012839.982.39$305
Jul 2020079038.371.83$1,442
Jun 2020071034.901.69$1,200
May 2020099116.921.81$1,798
Apr 202001,33414.751.80$2,407
Mar 20201841,55130.341.86$8,462
Feb 202001,64249.881.98$3,252
Jan 202003,10057.252.09$6,494
Dec 201903,96359.012.30$9,132
Nov 201903,75255.302.75$10,321
Oct 20191793,82453.472.42$18,820
Sep 201903,82855.052.66$10,172
Aug 201903,30453.112.30$7,614
Jul 201904,32756.272.46$10,645
Jun 201903,09952.782.49$7,720
May 20191594,47558.482.74$21,561
Apr 201905,16562.632.75$14,207
Mar 20191825,01756.803.06$25,700
Feb 201905,31650.852.79$14,843
Jan 201905,68446.033.23$18,349
Dec 201805,90346.594.19$24,707
Nov 20181835,16452.934.24$31,567
Oct 201805,10461.443.40$17,344
Sep 20181805,78159.543.11$28,685
Aug 20181804,49159.403.07$24,464
Jul 2018045165.142.93$1,322
Jun 2018143960.183.08$1,411
May 2018144165.382.90$1,345
Apr 2018044263.842.90$1,282
Mar 201801,44561.222.79$4,027
Feb 201801,37961.782.77$3,814
Jan 2018028162.874.01$1,127
Dec 2017039357.272.92$1,148
Nov 201701,37855.423.12$4,297
Oct 201701,35549.292.98$4,043
Sep 20171741,36947.523.09$12,495
Aug 201701,40745.373.00$4,227
Jul 2017871,39843.873.09$8,133
Jun 201701,39142.493.09$4,294
May 2017791,36345.373.26$8,032
Apr 2017430047.933.21$1,155
Mar 20178831246.772.98$5,047
Feb 201704950.452.95$145
Jan 201717545549.413.42$10,202
Dec 2016267948.763.72$2,625
Nov 2016064342.492.64$1,700
Oct 2016462146.193.09$2,104
Sep 2016078641.553.10$2,437
Aug 2016071241.442.92$2,082
Jul 20161831,09241.622.92$10,810
Jun 201601,15445.352.69$3,099
May 2016393642.521.99$1,991
Apr 201601,11936.561.99$2,228
Mar 20161771,32833.011.79$8,225
Feb 201631,37326.472.06$2,913
Jan 201661,59227.352.36$3,928
Dec 201531,48932.362.00$3,077
Nov 20151741,88838.792.17$10,841
Oct 201502,36543.552.43$5,739
Sep 201502,30342.992.76$6,353
Aug 20151712,43140.162.87$13,850
Jul 201502,44448.152.95$7,198
Jun 20151731,94356.152.88$15,315
May 201532,19155.212.96$6,641
Apr 20151752,86249.822.71$16,465
Mar 201501,79642.892.93$5,271
Feb 20151731,94444.662.98$13,512
Jan 201502,54143.433.10$7,879
Dec 20141583,24954.693.59$20,309
Nov 201402,01570.464.25$8,567
Oct 20141772,61778.303.90$24,068
Sep 20141752,69386.164.05$25,972
Aug 201403,05789.394.04$12,335
Jul 20141732,78896.564.18$28,358
Jun 20141702,12198.164.74$26,734
May 201402,05194.734.73$9,694
Apr 2014611,48495.944.81$12,989
Mar 201417090495.895.06$20,873
Feb 201401,55697.406.19$9,635
Jan 20141961,99390.404.86$27,406
Dec 20131721,69191.824.35$23,156
Nov 201301,81088.853.74$6,766
Oct 20131782,43197.423.78$26,528
Sep 20131762,523104.113.72$27,703
Aug 201302,509104.253.52$8,838
Jul 20131722,497102.523.72$26,917
Jun 20131712,52994.403.93$26,090
May 201302,72594.834.15$11,306
Apr 20131722,90593.964.28$28,602
Mar 20131722,90093.623.91$27,450
Feb 20131732,90491.233.42$25,714
Jan 20131733,37791.603.42$27,396
Dec 20121753,36686.773.42$26,697
Nov 20121783,25686.953.62$27,280
Oct 20121783,37589.383.40$27,384
Sep 20121763,55294.672.92$27,028
Aug 20121653,79692.662.91$26,328
Jul 20121764,08885.133.02$27,332
Jun 20121753,95479.822.52$23,929
May 20123424,12991.612.49$41,605
Apr 20121733,988101.652.00$25,549
Mar 20123434,270105.052.22$45,520
Feb 20121763,963101.102.57$27,979
Jan 20122334,05998.092.73$33,953
Dec 20113514,26896.873.24$47,829
Nov 20111704,18095.723.31$30,114
Oct 20113404,42084.983.65$45,020
Sep 20113404,44583.623.99$46,148
Aug 20113434,68583.404.15$48,046
Jul 20113295,48794.144.52$55,758
Jun 20114826,43592.904.64$74,635
May 20113256,51298.134.40$60,576
Apr 20114955,621105.964.33$76,808
Mar 20114944,83996.364.06$67,235
Feb 20111713,91985.644.18$31,026
Jan 20116915,91086.504.59$86,891
Dec 20105296,40185.734.35$73,181
Nov 20105146,14780.843.80$64,882
Oct 20106736,46178.103.51$75,232
Sep 20106756,73472.633.98$75,823
Aug 20106857,61573.684.42$84,124
Jul 20108448,06372.554.74$99,423
Jun 20108668,41570.364.91$102,253
May 20101,0468,88771.124.24$112,030
Apr 20101,0549,37181.694.12$124,735
Mar 20101,2219,94078.394.39$139,338
Feb 20101,4109,87673.585.44$157,497
Jan 20101,40711,64074.365.96$174,047
Dec 20091,57712,08771.445.48$178,943
Nov 20091,79411,43374.593.75$176,705
Oct 20091,80513,56072.544.11$186,670
Sep 20091,2346,36765.543.06$100,390
Aug 20093452,45167.423.22$31,148
Jul 2009013361.133.46$461
Jun 20090066.163.90$0
May 20097191,53554.743.93$45,384

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.

Jul 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $101.58 =         $0
Gas                  235 Mcf  × $  7.54 =     $1,772

────────────────────────────────────────────────────
Month total                                   $1,772

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/275392 is the state's own key, not one this site invented.