BARNETT

Name: BARNETT lease production and value, Nov 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LANE OPERATING COMPANY (P-5 484815) in the DILLARD, W. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28692District 09Field 24758500OilCasinghead gasSave Export

Value, all time

$216 k

Nov 1993 – Nov 2002

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

109

no gaps in the span

Streams

oil, casinghead gas

The DILLARD, W. (CADDO) field

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 43 leases and 45 wells, and the rule below applies to all of them.

Discovered

1965-12-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	11,383 bbl	$206,736
Casinghead gas	Production	3,606 Mcf	$9,139
Total			$215,875

656 Mcf of this lease's gas, across 22 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.5285, -98.1463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52851, -98.14630 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,150 ft

1 wells filed one

Completion to plug

8.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,150 ft.

Completions filed

Nov 1993

1 of 1 wells

Plug dates filed

Sep 2002

1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07734576	1	6,150 ft	Nov 1993	Sep 2002	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (109)

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

109 months


Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	138	0	27.44	3.64	$3,787
Aug 2002	8	45	25.96	3.16	$350
Jul 2002	18	45	24.58	3.06	$580
Jun 2002	9	43	23.73	3.34	$357
May 2002	173	45	24.66	3.58	$4,427
Apr 2002	0	43	23.65	3.51	$151
Mar 2002	175	45	22.00	3.10	$3,990
Feb 2002	0	42	18.22	2.38	$100
Jan 2002	0	45	17.17	2.38	$107
Dec 2001	174	45	16.93	2.36	$3,052
Nov 2001	0	43	18.07	2.41	$103
Oct 2001	165	45	19.78	2.53	$3,378
Sep 2001	0	43	24.26	2.25	$97
Aug 2001	0	45	24.87	3.05	$137
Jul 2001	170	45	23.93	3.20	$4,212
Jun 2001	0	43	24.56	3.82	$164
May 2001	161	45	25.52	4.31	$4,303
Apr 2001	148	43	24.68	5.34	$3,882
Mar 2001	0	42	24.54	5.38	$226
Feb 2001	0	45	27.75	5.77	$260
Jan 2001	163	45	27.47	8.40	$4,856
Dec 2000	0	45	26.88	9.12	$411
Nov 2000	0	43	32.21	5.66	$243
Oct 2000	129	45	31.23	5.15	$4,260
Sep 2000	0	43	31.87	5.19	$223
Aug 2000	169	45	29.64	4.54	$5,213
Jul 2000	0	45	28.53	4.09	$184
Jun 2000	166	43	29.30	4.40	$5,053
May 2000	0	45	27.26	3.68	$166
Apr 2000	167	43	24.51	3.12	$4,227
Mar 2000	0	45	28.42	2.86	$129
Feb 2000	155	42	27.62	2.73	$4,396
Jan 2000	0	45	25.27	2.48	$112
Dec 1999	159	45	24.28	2.42	$3,970
Nov 1999	176	45	23.19	2.43	$4,191
Oct 1999	0	45	20.98	2.80	$126
Sep 1999	176	43	21.75	2.62	$3,941
Aug 1999	0	45	19.26	2.88	$129
Jul 1999	174	45	17.89	2.37	$3,220
Jun 1999	0	43	15.94	2.36	$102
May 1999	173	45	15.79	2.32	$2,836
Apr 1999	0	43	15.10	2.21	$95
Mar 1999	167	45	12.47	1.84	$2,165
Feb 1999	0	42	9.98	1.82	$76
Jan 1999	338	45	10.38	1.90	$3,594
Dec 1998	0	45	9.20	1.77	$80
Nov 1998	0	43	10.89	2.19	$94
Oct 1998	181	45	12.42	1.97	$2,337
Sep 1998	176	43	12.59	2.08	$2,305
Aug 1998	0	45	11.30	1.91	$86
Jul 1998	173	45	11.74	2.24	$2,132
Jun 1998	172	43	11.24	2.24	$2,029
May 1998	0	43	12.62	2.21	$95
Apr 1998	176	43	13.04	2.51	$2,403
Mar 1998	0	45	12.80	2.31	$104
Feb 1998	162	42	13.95	2.30	$2,356
Jan 1998	0	42	14.70	2.15	$91
Dec 1997	84	45	16.32	2.41	$1,479
Nov 1997	175	43	18.19	3.09	$3,316
Oct 1997	0	45	19.25	3.15	$142
Sep 1997	151	43	17.74	2.95	$2,806
Aug 1997	0	45	17.86	2.55	$115
Jul 1997	154	45	17.58	2.25	$2,808
Jun 1997	165	43	17.24	2.26	$2,942
May 1997	0	45	18.97	2.31	$104
Apr 1997	162	43	17.88	2.08	$2,986
Mar 1997	162	45	18.95	1.94	$3,157
Feb 1997	0	42	20.49	2.21	$93
Jan 1997	140	0	23.48	3.54	$3,287
Dec 1996	171	45	23.32	—	$3,988
Nov 1996	0	43	21.97	—	$0
Oct 1996	120	45	23.31	—	$2,797
Sep 1996	164	43	22.22	—	$3,644
Aug 1996	82	45	20.26	—	$1,661
Jul 1996	163	45	19.55	—	$3,187
Jun 1996	181	43	18.73	—	$3,390
May 1996	57	45	19.43	—	$1,108
Apr 1996	150	43	21.51	—	$3,227
Mar 1996	0	45	19.38	—	$0
Feb 1996	142	42	16.98	—	$2,411
Jan 1996	130	0	17.07	—	$2,219
Dec 1995	147	0	17.19	—	$2,527
Nov 1995	155	0	16.00	—	$2,480
Oct 1995	167	0	15.43	—	$2,577
Sep 1995	151	0	16.18	—	$2,443
Aug 1995	167	0	15.92	—	$2,659
Jul 1995	0	0	15.24	—	$0
Jun 1995	166	0	16.41	—	$2,724
May 1995	171	0	17.56	—	$3,003
Apr 1995	162	0	17.73	—	$2,872
Mar 1995	152	0	16.44	—	$2,499
Feb 1995	154	0	16.58	—	$2,553
Jan 1995	0	0	15.92	—	$0
Dec 1994	170	0	15.03	—	$2,555
Nov 1994	176	0	15.90	—	$2,798
Oct 1994	171	0	15.58	—	$2,664
Sep 1994	172	1	15.29	—	$2,630
Aug 1994	166	4	16.13	—	$2,678
Jul 1994	177	3	17.56	—	$3,108
Jun 1994	157	10	17.09	—	$2,683
May 1994	174	1	15.88	—	$2,763
Apr 1994	172	4	14.14	—	$2,432
Mar 1994	170	7	12.46	—	$2,118
Feb 1994	335	23	12.50	—	$4,188
Jan 1994	342	29	12.66	—	$4,330
Dec 1993	165	61	12.33	—	$2,034
Nov 1993	0	29	14.49	—	$0

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.

Sep 2002 — as filed, then multipliedworked

Oil                  138 bbl  × $ 27.44 =     $3,787
Casinghead gas         0 Mcf  × $  3.64 =         $0

────────────────────────────────────────────────────
Month total                                   $3,787

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/O/28692 is the state's own key, not one this site invented.