HADLEY

Operated by TEP BARNETT USA, LLC (P-5 842986) 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.

Gas lease lease 213404District 09Field 65280200GasSaveExport
Value, all time
$13.5 M
Mar 2005 – Jun 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
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
GasProduction1,979,649 Mcf$13,459,230
Total$13,459,230

Every month this lease reported (208)

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

208 months

Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 201352791.824.35$2,295
Nov 201394588.853.74$3,533
Oct 2013097.423.78$0
Sep 20132,939104.113.72$10,926
Aug 20131,590104.253.52$5,601
Jul 20132,575102.523.72$9,573
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 20132,83793.964.28$12,150
Mar 20134,32993.623.91$16,939
Feb 20136,34291.233.42$21,689
Jan 20133,39791.603.42$11,617
Dec 20129,78786.773.42$33,473
Nov 201213,93186.953.62$50,499
Oct 201215,21189.383.40$51,713
Sep 201215,29594.672.92$44,637
Aug 201213,81492.662.91$40,173
Jul 201211,16585.133.02$33,727
Jun 201217,51579.822.52$44,121
May 20127,52991.612.49$18,735
Apr 201212,883101.652.00$25,725
Mar 201217,378105.052.22$38,615
Feb 201214,907101.102.57$38,315
Jan 201217,59198.092.73$48,095
Dec 201117,22296.873.24$55,795
Nov 201115,88195.723.31$52,586
Oct 20116,32984.983.65$23,092
Sep 20112,12183.623.99$8,454
Aug 20118,91683.404.15$36,995
Jul 20116,95494.144.52$31,413
Jun 201112,05792.904.64$55,943
May 201114,02998.134.40$61,795
Apr 201117,520105.964.33$75,919
Mar 201119,24496.364.06$78,079
Feb 201120,45685.644.18$85,506
Jan 201121,32686.504.59$97,860
Dec 201024,70285.734.35$107,398
Nov 201025,37380.843.80$96,299
Oct 201021,22378.103.51$74,469
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 20106,33770.364.91$31,117
May 20107,24371.124.24$30,676
Apr 20103,49581.694.12$14,409
Mar 20105,67278.394.39$24,893
Feb 20109,81973.585.44$53,439
Jan 201012,70674.365.96$75,780
Dec 200913,00371.445.48$71,305
Nov 200913,37374.593.75$50,169
Oct 200913,66372.544.11$56,158
Sep 200913,62665.543.06$41,760
Aug 200915,64167.423.22$50,341
Jul 200915,11361.133.46$52,359
Jun 200912,98666.163.90$50,580
May 200915,13954.743.93$59,432
Apr 200913,54146.773.59$48,578
Mar 200915,10542.144.06$61,311
Feb 200912,08932.814.63$56,008
Jan 200917,30835.865.37$92,961
Dec 200816,86637.105.98$100,810
Nov 200817,00655.496.86$116,667
Oct 200816,61775.246.92$115,023
Sep 200819,498101.767.88$153,588
Aug 200820,864114.228.48$176,990
Jul 200820,869131.0811.39$237,686
Jun 200818,947131.3313.03$246,929
May 200821,521123.1711.57$249,090
Apr 200823,824110.3110.45$249,077
Mar 200826,196101.909.66$253,160
Feb 200827,01792.538.77$236,955
Jan 200834,58790.388.21$283,812
Dec 20077,95288.337.30$58,065
Nov 200715,93691.677.29$116,201
Oct 200715,17882.856.92$105,062
Sep 200713,22575.846.24$82,579
Aug 200717,38869.066.39$111,074
Jul 200718,33470.906.39$117,116
Jun 200719,73062.007.55$148,931
May 200717,61658.747.85$138,220
Apr 200719,06759.617.81$148,822
Mar 200720,71856.927.30$151,282
Feb 200719,79355.108.22$162,619
Jan 200720,96750.306.73$141,042
Dec 200624,21356.656.92$167,516
Nov 200619,25454.207.62$146,667
Oct 200621,32254.906.01$128,226
Sep 200622,54660.085.04$113,569
Aug 200626,35168.717.34$193,414
Jul 200626,62569.376.34$168,876
Jun 200626,38966.286.38$168,464
May 200623,26166.016.42$149,452
Apr 200625,94164.397.36$190,938
Mar 200628,57456.707.08$202,387
Feb 200630,66157.597.75$237,657
Jan 200630,40260.598.93$271,591
Dec 200529,31554.9413.42$393,272
Nov 200538,13454.6910.59$403,778
Oct 200543,11558.3413.80$594,804
Sep 200541,99661.4512.08$507,270
Aug 200548,73061.519.80$477,400
Jul 200555,19555.697.84$432,930
Jun 200560,02852.337.38$443,069
May 200569,35645.226.65$461,298
Apr 200576,12949.207.36$560,346
Mar 2005100,69750.377.15$720,475

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.

Dec 2013 — as filed, then multipliedworked
Gas                  527 Mcf  × $  4.35 =     $2,295

────────────────────────────────────────────────────
Month total                                   $2,295

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/G/213404 is the state's own key, not one this site invented.