LARRY SPEARS Mineral Rights in Texas | Real Estate CRM

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LARRY SPEARS
XXXXXXXX , TX
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Mineral rights owned by SPEARS LARRY CAMERON
Legal Operator Lease Name RRC Type NRI County Value Year
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADWTR GU 19 TR 18 66108870-018 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 57 /BRATTON WM SUR 0.09600843 R 438631 Use: G1 XTO ENERGY INC GLADWTR GU 19 TR 18 66108870 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR 0.00178500 R 438631 Use: G1 008689083 BREITBURN OPER GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#13 66234342-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 BREITBURN OPER GLADEWATER GU #19 W#13 66234342 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001209 1 FREEMAN UNIT RRC # 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY XTO ENERGY INC FREEMAN UNIT 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.0012090 RI FREEMAN UNIT | RRC # 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY RRC# 91450 XTO ENERGY INC FREEMAN UNIT RRC # 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#12 66234535-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 065041971 BREITBURN OPER GLADEWATER GU #19 W#12 66234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#13 66234342-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 BREITBURN OPER GLADEWATER GU #19 W#13 66234342 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR 0.00178500 R 438631 Use: G1 008689083 BREITBURN OPER GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001209 1 FREEMAN UNIT RRC # 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY XTO ENERGY INC FREEMAN UNIT 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212 179-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185 627-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171 369-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR 0.00178500 R 438631 Use: G1 008689083 BREITBURN OPER GLADEWATER GU #19 W#05 66170 237-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128 452-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#13 66234342-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 BREITBURN OPER GLADEWATER GU #19 W#13 66234 342-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#12 66234535-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 065041971 BREITBURN OPER GLADEWATER GU #19 W#12 66234 535-000 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 0.00178500 R 438632 Use: G1 008620125 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR 0.00178500 R 438631 Use: G1 008689083 BREITBURN OPER GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 0.00178500 R 438631 Use: G1 008689501 BREITBURN OPER GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 0.00178600 R 438631 Use: G1 008755549 BREITBURN OPER GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 0.00178600 R 438631 Use: G1 065022792 BREITBURN OPER GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#13 66234342-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 BREITBURN OPER GLADEWATER GU #19 W#13 66234342 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#12 66234535-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 0.00178600 R 438631 Use: G1 BREITBURN OPER GLADEWATER GU #19 W#12 66234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001209 1 FREEMAN UNIT RRC # 91450 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY XTO ENERGY INC FREEMAN UNIT 91450 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001634 1 CAMERON -A- (01) RRC # 95965 | STROUD PETROLEUM INC | AB 24 WILLIAM B REED SURVEY STROUD PETROLEUM INC CAMERON -A- (01) 95965 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001209 1 FREEMAN UNIT RRC # 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY XTO ENERGY INC FREEMAN UNIT 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR BREITBURN OPER GLADEWATER GU #19 W#06 171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#01 66108870-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 57 /BRATTON WM SUR 667.6800 XTO ENERGY INC GLADEWATER GU #19 W#01 108870 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR BREITBURN OPER GLADEWATER GU #19 W#05 170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 667.6800 BREITBURN OPER GLADEWATER GU #19 W#08 185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR BREITBURN OPER GLADEWATER GU #19 W#09 212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#12 66234535-000 BREITBURN OPER/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 667.6800 BREITBURN OPER GLADEWATER GU #19 W#12 234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452-000 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR XTO ENERGY INC GLADEWATER GU #19 W#02 128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#12 66234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001209 1 FREEMAN UNIT RRC # 91450 | XTO ENERGY INC | AB 34 HUGH SHEPHERD SURVEY XTO ENERGY INC FREEMAN UNIT 91450 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
0.001634 1 CAMERON -A- (01) RRC # 95965 | STROUD PETROLEUM INC | AB 24 WILLIAM B REED SURVEY STROUD PETROLEUM INC CAMERON -A- (01) 95965 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A XTO ENERGY INC/GLADEWATER (HAYNESVILL GLADEWATER GU #19 W#01 66108870 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A XTO ENERGY INC/GLADEWATER (HAYNESVILL GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A XTO ENERGY INC/GLADEWATER (HAYNESVILL GLADEWATER GU #19 W#01 66108870 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A XTO ENERGY INC/GLADEWATER (HAYNESVILL GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#12 66234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
N/A BREITBURN OPER/GLENWOOD (COTTON VALLE GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#08 66185627 QUANTUM RESOUR/GLENWOOD (COTTON VALLE AB 209 /HARRELL S SUR 667.680 QUANTUM RESOUR GLADEWATER GU #19 W#08 66185627 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#06 66171369 QUANTUM RESOUR/GLENWOOD (COTTON VALLE AB 158 /FERGUSON DAVID SUR 667.680 QUANTUM RESOUR GLADEWATER GU #19 W#06 66171369 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#05 66170237 QUANTUM RESOUR/GLENWOOD (COTTON VALLE AB 20 BLK 149 /ALSUP H SUR 667.680 QUANTUM RESOUR GLADEWATER GU #19 W#05 66170237 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#02 66128452 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 209 /HARRELL SARAH SUR 667.680 XTO ENERGY INC GLADEWATER GU #19 W#02 66128452 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#01 66108870 XTO ENERGY INC/GLADEWATER (HAYNESVILL AB 57 /BRATTON WM SUR 667.680 XTO ENERGY INC GLADEWATER GU #19 W#01 66108870 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#12 66234535 QUANTUM RESOUR/GLENWOOD (COTTON VALLE AB 57 /BRATTON WM SUR 667.680 QUANTUM RESOUR GLADEWATER GU #19 W#12 66234535 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
GLADEWATER GU #19 W#09 66212179 QUANTUM RESOUR/GLENWOOD (COTTON VALLE AB 264 /KING WILLIAM SUR 667.680 QUANTUM RESOUR GLADEWATER GU #19 W#09 66212179 Royalty Interest XXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX
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Present Value Calculator

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Profitability Measures
Results Value IRR ROI Payout
PV-0
PV-5
PV-10
PV-15
PV-20
PV-30
ACTUAL
Potential Oil & Gas Well Development
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Projected IP
CL
NG
NGL
COND.
Interest Decimals
CL
NG
NGL
COND.
Well Count
Wells
Decline Rate
Year 1
Year 2
Year 3 +
Commodity Prices
CL
NG
NGL
COND.
CAPEX
Purchase
Lifting Cost
Lease Opex
Tax Percentages
Sev Tax
Ad Val Tax
Timeline
Lifetime
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Data Results
Month CL Production NG Production CL % NG % CL Revenue NG Revenue Lifting Cost Sev Tax Ad Val Tax Total Balance
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