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 277339District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
Dec 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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
CondensateDisposition36,073 bbl$1,719,406
GasProduction746,727 Mcf$2,849,849
Total$4,569,255

Every month this lease reported (210)

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

210 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 2022087108.885.08$442
Feb 202201691.054.86$78
Jan 202202881.844.54$127
Dec 202104871.323.90$187
Nov 202106077.435.24$314
Oct 202105579.795.71$314
Sep 2021012269.865.35$653
Aug 2021014266.024.22$599
Jul 20210370.783.98$12
Jun 202105669.493.38$189
May 202108963.483.02$269
Apr 2021010960.362.76$301
Mar 202103361.302.72$90
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 202004239.982.39$100
Jul 2020026138.371.83$476
Jun 2020023434.901.69$396
May 2020032716.921.81$593
Apr 2020044014.751.80$794
Mar 2020051230.341.86$950
Feb 2020054249.881.98$1,074
Jan 202001,02457.252.09$2,145
Dec 201901,30959.012.30$3,016
Nov 201901,23955.302.75$3,408
Oct 201901,26353.472.42$3,055
Sep 201901,26455.052.66$3,359
Aug 20191671,09153.112.30$11,383
Jul 201901,42956.272.46$3,515
Jun 201901,02452.782.49$2,551
May 201901,47858.482.74$4,050
Apr 201901,70662.632.75$4,693
Mar 201901,65756.803.06$5,074
Feb 2019611,75650.852.79$8,005
Jan 201901,87746.033.23$6,059
Dec 201801,95046.594.19$8,162
Nov 201801,70652.934.24$7,229
Oct 201801,68661.443.40$5,729
Sep 201802,65959.543.11$8,264
Aug 20181492,67459.403.07$17,051
Jul 201803,03165.142.93$8,887
Jun 201812,94660.183.08$9,125
May 201812,95865.382.90$8,646
Apr 201802,89263.842.90$8,389
Mar 201803,46961.222.79$9,668
Feb 201803,22761.782.77$8,926
Jan 201802,43362.874.01$9,755
Dec 201703,20757.272.92$9,369
Nov 20171143,22955.423.12$16,387
Oct 201703,06449.292.98$9,142
Sep 201703,16347.523.09$9,765
Aug 201703,20845.373.00$9,638
Jul 2017633,65543.873.09$14,048
Jun 201703,31342.493.09$10,228
May 201703,11545.373.26$10,165
Apr 201723,15247.933.21$10,219
Mar 201703,24346.772.98$9,676
Feb 201702,50650.452.95$7,399
Jan 201733,42549.413.42$11,858
Dec 201613,85348.763.72$14,393
Nov 201602,58242.492.64$6,828
Oct 201633,41946.193.09$10,704
Sep 2016282,85541.553.10$10,016
Aug 201603,26141.442.92$9,536
Jul 201662,73041.622.92$8,233
Jun 201603,44045.352.69$9,239
May 201623,42042.521.99$6,894
Apr 201603,65736.561.99$7,281
Mar 20161393,17733.011.79$10,288
Feb 201623,75926.472.06$7,810
Jan 201643,46427.352.36$8,300
Dec 201523,77932.362.00$7,628
Nov 201503,27938.792.17$7,107
Oct 201503,38243.552.43$8,207
Sep 201503,30942.992.76$9,128
Aug 20151013,16840.162.87$13,156
Jul 201502,86448.152.95$8,435
Jun 201513,34656.152.88$9,702
May 201523,33755.212.96$9,973
Apr 201503,68949.822.71$9,985
Mar 201503,94742.892.93$11,583
Feb 20151743,21244.662.98$17,330
Jan 201504,22143.433.10$13,088
Dec 2014184,08554.693.59$15,655
Nov 201404,20270.464.25$17,866
Oct 201404,29778.303.90$16,762
Sep 201404,04686.164.05$16,368
Aug 2014324,29589.394.04$20,191
Jul 201403,17796.564.18$13,279
Jun 201402,60698.164.74$12,344
May 20141353,27494.734.73$28,263
Apr 201404,00995.944.81$19,280
Mar 201404,60595.895.06$23,287
Feb 201404,29297.406.19$26,576
Jan 20141034,51090.404.86$31,233
Dec 201304,37691.824.35$19,055
Nov 201304,66388.853.74$17,432
Oct 20131095,29597.423.78$30,630
Sep 201305,374104.113.72$19,979
Aug 201305,750104.253.52$20,255
Jul 201305,737102.523.72$21,329
Jun 20131675,73894.403.93$38,335
May 201305,89394.834.15$24,451
Apr 201305,56293.964.28$23,820
Mar 201305,75493.623.91$22,515
Feb 20131665,21991.233.42$32,993
Jan 201305,77591.603.42$19,750
Dec 20121405,57886.773.42$31,225
Nov 201205,62686.953.62$20,394
Oct 20121746,17589.383.40$36,545
Sep 2012206,18594.672.92$19,944
Aug 20121726,64192.662.91$35,251
Jul 201206,68785.133.02$20,200
Jun 20121696,51979.822.52$29,911
May 20121606,53791.612.49$30,924
Apr 201205,526101.652.00$11,034
Mar 201203,144105.052.22$6,986
Feb 2012018101.102.57$46
Jan 20120098.092.73$0
Dec 201103496.873.24$110
Nov 20110095.723.31$0
Oct 201116673584.983.65$16,788
Sep 201102,54483.623.99$10,140
Aug 201104,41583.404.15$18,319
Jul 20111614,59694.144.52$35,918
Jun 2011434,26792.904.64$23,793
May 201105,60398.134.40$24,680
Apr 201106,296105.964.33$27,282
Mar 20111745,11496.364.06$37,516
Feb 20111614,61685.644.18$33,083
Jan 201116616286.504.59$15,102
Dec 201006,73085.734.35$29,260
Nov 20101646,43680.843.80$37,685
Oct 20101616,72778.103.51$36,178
Sep 20101636,85072.633.98$39,098
Aug 20101637,20273.684.42$43,838
Jul 20101687,23172.554.74$46,438
Jun 20101737,30570.364.91$48,043
May 20101777,52671.124.24$44,463
Apr 20103367,93481.694.12$60,157
Mar 20101728,61278.394.39$51,278
Feb 20103497,69473.585.44$67,553
Jan 20103539,66574.365.96$83,892
Dec 200933910,53671.445.48$81,995
Nov 200935611,43474.593.75$69,449
Oct 200934314,21472.544.11$83,304
Sep 200906,59065.543.06$20,197
Aug 200951710,36967.423.22$68,229
Jul 20091,21021,49961.133.46$148,451
Jun 20091,40224,01866.163.90$186,306
May 20091,39628,03954.743.93$186,491
Apr 20092,45931,07746.773.59$226,496
Mar 20094,23537,81042.144.06$331,934
Feb 20096,51740,40832.814.63$401,033
Jan 200911,45838,76435.865.37$619,085
Dec 2008012137.105.98$723

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                   87 Mcf  × $  5.08 =       $442

────────────────────────────────────────────────────
Month total                                     $442

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/277339 is the state's own key, not one this site invented.