HORAN

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 275638District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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
CondensateDisposition42,735 bbl$2,318,051
GasProduction744,299 Mcf$2,803,884
Total$5,121,935

Every month this lease reported (209)

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

209 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 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022062108.885.08$315
Feb 202201191.054.86$53
Jan 202202081.844.54$91
Dec 202103471.323.90$133
Nov 202104377.435.24$225
Oct 202103979.795.71$223
Sep 202108769.865.35$466
Aug 2021010166.024.22$426
Jul 20210270.783.98$8
Jun 202104069.493.38$135
May 202106463.483.02$193
Apr 202107860.362.76$215
Mar 202102461.302.72$65
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202003039.982.39$72
Jul 2020018638.371.83$339
Jun 2020016734.901.69$282
May 2020023416.921.81$425
Apr 2020031514.751.80$568
Mar 2020036630.341.86$679
Feb 2020038749.881.98$767
Jan 2020073257.252.09$1,533
Dec 2019093559.012.30$2,155
Nov 2019088655.302.75$2,437
Oct 2019090353.472.42$2,184
Sep 2019090355.052.66$2,400
Aug 20191678053.112.30$2,647
Jul 201901,02156.272.46$2,512
Jun 2019073152.782.49$1,821
May 201901,05658.482.74$2,894
Apr 201901,21962.632.75$3,353
Mar 201901,18456.803.06$3,626
Feb 20191231,25550.852.79$9,759
Jan 201901,34146.033.23$4,329
Dec 201801,39346.594.19$5,830
Nov 201801,21952.934.24$5,165
Oct 201801,20461.443.40$4,091
Sep 2018341,90059.543.11$7,930
Aug 2018341,91159.403.07$7,880
Jul 201803,32565.142.93$9,749
Jun 201803,23360.183.08$9,948
May 201803,24665.382.90$9,416
Apr 201803,17363.842.90$9,204
Mar 201803,75761.222.79$10,470
Feb 201803,27361.782.77$9,054
Jan 201802,46562.874.01$9,883
Dec 201703,25257.272.92$9,501
Nov 201703,74555.423.12$11,678
Oct 201703,55549.292.98$10,607
Sep 20171743,67447.523.09$19,611
Aug 201703,72445.373.00$11,188
Jul 20171022,64243.873.09$12,631
Jun 201703,85242.493.09$11,892
May 20170745.373.26$23
Apr 201753,65747.933.21$11,984
Mar 201703,87246.772.98$11,553
Feb 201703,58750.452.95$10,591
Jan 201743,53649.413.42$12,287
Dec 201623,43048.763.72$12,867
Nov 201603,69742.492.64$9,776
Oct 201653,94446.193.09$12,419
Sep 20161454,12341.553.10$18,809
Aug 201604,41341.442.92$12,905
Jul 2016112,75041.622.92$8,500
Jun 201603,61445.352.69$9,707
May 201634,23442.521.99$8,558
Apr 201603,65236.561.99$7,271
Mar 2016394,07033.011.79$8,589
Feb 201643,94426.472.06$8,245
Jan 201673,74527.352.36$9,046
Dec 201533,89032.362.00$7,883
Nov 20151743,35638.792.17$14,023
Oct 201505,05643.552.43$12,269
Sep 201504,94742.992.76$13,646
Aug 2015714,48040.162.87$15,720
Jul 201504,69348.152.95$13,821
Jun 201514,97756.152.88$14,404
May 20151754,57155.212.96$23,171
Apr 201504,33949.822.71$11,744
Mar 201504,75142.892.93$13,943
Feb 201503,78244.662.98$11,256
Jan 201504,05743.433.10$12,579
Dec 20141683,96954.693.59$23,442
Nov 201403,64770.464.25$15,506
Oct 201403,09578.303.90$12,073
Sep 201403,14986.164.05$12,739
Aug 20141403,40989.394.04$26,270
Jul 2014482,06896.564.18$13,278
Jun 201401,86498.164.74$8,830
May 2014283,99294.734.73$21,521
Apr 201403,76195.944.81$18,087
Mar 201402,82195.895.06$14,265
Feb 20141683,34697.406.19$37,082
Jan 201402,86490.404.86$13,921
Dec 20131634,45791.824.35$34,375
Nov 201304,29488.853.74$16,052
Oct 201304,25397.423.78$16,074
Sep 20131704,230104.113.72$33,425
Aug 201304,559104.253.52$16,060
Jul 201304,591102.523.72$17,068
Jun 201304,40094.403.93$17,307
May 20131654,97994.834.15$36,305
Apr 201304,81093.964.28$20,599
Mar 20131784,91593.623.91$35,896
Feb 201304,63991.233.42$15,865
Jan 20131745,01591.603.42$33,089
Dec 2012425,58386.773.42$22,739
Nov 201205,83386.953.62$21,144
Oct 20121775,85389.383.40$35,719
Sep 201205,95694.672.92$17,382
Aug 20121696,07792.662.91$33,332
Jul 20121766,56385.133.02$34,808
Jun 201205,87279.822.52$14,792
May 20121676,82091.612.49$32,269
Apr 20121657,523101.652.00$31,794
Mar 20121705,773105.052.22$30,687
Feb 20121676,426101.102.57$33,400
Jan 20121767,48198.092.73$37,717
Dec 20111788,05996.873.24$43,352
Nov 20111828,00095.723.31$43,911
Oct 20111727,74284.983.65$42,864
Sep 20111717,18583.623.99$42,937
Aug 20111758,48883.404.15$49,814
Jul 20111679,62494.144.52$59,195
Jun 20111281,93292.904.64$20,855
May 2011063698.134.40$2,801
Apr 20110437105.964.33$1,894
Mar 20111734,97096.364.06$36,835
Feb 201103,33685.644.18$13,944
Jan 20113307,70886.504.59$63,915
Dec 20101657,59785.734.35$47,175
Nov 20101738,55880.843.80$46,466
Oct 20101649,09578.103.51$44,722
Sep 20103289,44572.633.98$61,409
Aug 201034210,10773.684.42$69,865
Jul 201026610,53672.554.74$69,202
Jun 201034010,88270.364.91$77,357
May 201033811,37371.124.24$72,206
Apr 201050412,20081.694.12$91,469
Mar 201052211,48778.394.39$91,332
Feb 201070511,72373.585.44$115,675
Jan 201086414,02774.365.96$147,905
Dec 200988515,16171.445.48$146,364
Nov 20091,40415,54574.593.75$163,041
Oct 20091,74516,10072.544.11$192,757
Sep 20095346,58365.543.06$55,174
Aug 20091741,86367.423.22$17,727
Jul 20091,37512,13961.133.46$126,109
Jun 20091,72516,03766.163.90$176,590
May 20092,10717,32754.743.93$183,359
Apr 20092,44218,22846.773.59$179,605
Mar 20094,56825,82242.144.06$297,307
Feb 20095,40424,64032.814.63$291,462
Jan 200910,04227,86735.865.37$509,780

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $108.88 =         $0
Gas                   62 Mcf  × $  5.08 =       $315

────────────────────────────────────────────────────
Month total                                     $315

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/275638 is the state's own key, not one this site invented.