USA TRUST

Operated by XTO ENERGY INC. (P-5 945936) 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 31436District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$2.7 M
Jun 2009 – Nov 2017
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
102
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
OilDisposition7,608 bbl$557,841
Casinghead gasProduction560,375 Mcf$2,126,004
Total$2,683,845

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 33.2351, -97.2321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23505, -97.23206 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
Median depth
8,542 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,542 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-12133647B 2H8,542 ftMay 2009Yes

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 (102)

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

102 months

Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201739046.772.98$1,824
Feb 2017642,86750.452.95$11,694
Jan 201703,30149.413.42$11,285
Dec 2016503,61648.763.72$15,900
Nov 2016363,52742.492.64$10,856
Oct 201603,75346.193.09$11,598
Sep 2016533,62241.553.10$13,433
Aug 201603,75041.442.92$10,966
Jul 201603,87741.622.92$11,338
Jun 2016573,80845.352.69$12,813
May 201603,81642.521.99$7,598
Apr 2016743,80436.561.99$10,279
Mar 201603,95533.011.79$7,095
Feb 2016673,70026.472.06$9,409
Jan 201603,93727.352.36$9,308
Dec 2015413,96432.362.00$9,260
Nov 2015713,94738.792.17$11,309
Oct 201504,07743.552.43$9,893
Sep 201503,94342.992.76$10,876
Aug 201504,32440.162.87$12,421
Jul 2015724,30248.152.95$16,137
Jun 20151054,17656.152.88$17,935
May 20151444,56455.212.96$21,439
Apr 201503,90549.822.71$10,569
Mar 201504,21442.892.93$12,367
Feb 201503,83244.662.98$11,405
Jan 2015794,36943.433.10$16,978
Dec 201404,38254.693.59$15,737
Nov 201404,32270.464.25$18,376
Oct 2014404,55678.303.90$20,905
Sep 20141514,48386.164.05$31,146
Aug 20141564,38089.394.04$31,619
Jul 201404,27696.564.18$17,872
Jun 201404,20198.164.74$19,900
May 201424,43994.734.73$21,171
Apr 201404,31895.944.81$20,766
Mar 20141984,62995.895.06$42,394
Feb 201404,40397.406.19$27,263
Jan 201404,66290.404.86$22,661
Dec 201305,42191.824.35$23,606
Nov 201305,30788.853.74$19,839
Oct 201305,59197.423.78$21,130
Sep 201306,104104.113.72$22,693
Aug 201308,922104.253.52$31,429
Jul 201305,334102.523.72$19,830
Jun 20130294.403.93$8
May 2013132094.834.15$12,518
Apr 20130093.964.28$0
Mar 20131632,20093.623.91$23,868
Feb 201304,68391.233.42$16,015
Jan 201304,88491.603.42$16,703
Dec 201204,52686.773.42$15,480
Nov 201204,74086.953.62$17,182
Oct 201205,34889.383.40$18,181
Sep 20121534,91294.672.92$28,820
Aug 201205,14892.662.91$14,971
Jul 20121655,32185.133.02$30,120
Jun 201205,02579.822.52$12,658
May 2012152091.612.49$13,925
Apr 201204,956101.652.00$9,896
Mar 201205,267105.052.22$11,704
Feb 201204,770101.102.57$12,260
Jan 20121645,53598.092.73$31,220
Dec 201105,79096.873.24$18,758
Nov 201106,04095.723.31$20,000
Oct 201105,97884.983.65$21,811
Sep 20111945,67183.623.99$38,826
Aug 201105,77483.404.15$23,958
Jul 201105,97994.144.52$27,009
Jun 20111906,42192.904.64$47,444
May 20111936,29098.134.40$46,645
Apr 201106,228105.964.33$26,988
Mar 201106,37396.364.06$25,857
Feb 20111906,03385.644.18$41,489
Jan 201106,65586.504.59$30,538
Dec 201006,39985.734.35$27,821
Nov 201005,85580.843.80$22,222
Oct 201003,13278.103.51$10,990
Sep 20101936,14872.633.98$38,483
Aug 20101879,63173.684.42$56,341
Jul 2010010,04972.554.74$47,597
Jun 201019010,11170.364.91$63,017
May 201019310,91371.124.24$59,945
Apr 2010010,89981.694.12$44,933
Mar 201039511,96878.394.39$83,488
Feb 2010015,32473.585.44$83,399
Jan 201061616,41074.365.96$143,676
Dec 200920713,67971.445.48$89,800
Nov 200920413,50674.593.75$65,884
Oct 200953213,27072.544.11$93,134
Sep 200925916,25965.543.06$66,805
Aug 200959418,45067.423.22$99,429
Jul 200959422,64861.133.46$114,775
Jun 200924914,49566.163.90$72,932

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 2017 — as filed, then multipliedworked
Oil                   39 bbl  × $ 46.77 =     $1,824
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,824

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/31436 is the state's own key, not one this site invented.