JONES

Operated by CROWN EQUIPMENT CO. (P-5 191534) 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.

Oil lease lease 30616District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$449 k
Apr 2006 – Nov 2010
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition1,772 bbl$108,818
Casinghead gasProduction53,548 Mcf$340,654
Total$449,472

Every month this lease reported (56)

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

56 months

Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201061070.364.91$4,292
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009020572.544.11$843
Sep 2009015065.543.06$460
Aug 2009015067.423.22$483
Jul 200915359461.133.46$11,411
Jun 2009050866.163.90$1,979
May 200916699554.743.93$12,993
Apr 20091918,19346.773.59$38,325
Mar 20091936,44942.144.06$34,310
Feb 2009057732.814.63$2,673
Jan 2009062135.865.37$3,335
Dec 2008035037.105.98$2,092
Nov 200816894455.496.86$15,799
Oct 2008059375.246.92$4,105
Sep 20080522101.767.88$4,112
Aug 20080729114.228.48$6,184
Jul 20080907131.0811.39$10,330
Jun 20080695131.3313.03$9,058
May 20080956123.1711.57$11,065
Apr 200801,093110.3110.45$11,427
Mar 200801,273101.909.66$12,302
Feb 20081771,05092.538.77$25,587
Jan 200801,86990.388.21$15,337
Dec 200701,66688.337.30$12,165
Nov 200701,10091.677.29$8,021
Oct 200701,04582.856.92$7,233
Sep 2007060175.846.24$3,753
Aug 200717361969.066.39$15,902
Jul 2007035070.906.39$2,236
Jun 2007071262.007.55$5,375
May 2007095958.747.85$7,525
Apr 200701,19059.617.81$9,288
Mar 200701,42456.927.30$10,398
Feb 200701,48955.108.22$12,234
Jan 200701,79250.306.73$12,055
Dec 200602,41256.656.92$16,687
Nov 200602,11154.207.62$16,081
Oct 20061742,16154.906.01$22,548
Sep 200602,31660.085.04$11,666
Aug 20061532,17868.717.34$26,499
Jul 2006163069.376.34$11,307
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$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.

Jun 2010 — as filed, then multipliedworked
Oil                   61 bbl  × $ 70.36 =     $4,292
Casinghead gas         0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $4,292

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/30616 is the state's own key, not one this site invented.