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 gasSave
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

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.