JOSEPH

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 216900District 09Field 65280200GasSaveExport
Value, all time
$2.3 M
Oct 2005 – Feb 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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
GasProduction310,010 Mcf$2,340,528
Total$2,340,528

Every month this lease reported (233)

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

233 months

Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
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 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 201113,08583.404.15$54,294
Jul 20112,84494.144.52$12,847
Jun 20111,15892.904.64$5,373
May 20111,58198.134.40$6,964
Apr 20111,479105.964.33$6,409
Mar 20111,47796.364.06$5,993
Feb 201192885.644.18$3,879
Jan 20111,10086.504.59$5,048
Dec 20101,36385.734.35$5,926
Nov 20101,30380.843.80$4,945
Oct 20101,06778.103.51$3,744
Sep 20101,51472.633.98$6,025
Aug 20101,19273.684.42$5,268
Jul 20101,89772.554.74$8,985
Jun 20101,71770.364.91$8,431
May 20101,68671.124.24$7,141
Apr 20101,67081.694.12$6,885
Mar 20101,81878.394.39$7,979
Feb 20101,76273.585.44$9,589
Jan 20101,25874.365.96$7,503
Dec 20091,38871.445.48$7,611
Nov 20091,38774.593.75$5,203
Oct 20091,14372.544.11$4,698
Sep 20092,07665.543.06$6,362
Aug 20092,05967.423.22$6,627
Jul 20092,25561.133.46$7,812
Jun 20092,36166.163.90$9,196
May 20092,28454.743.93$8,966
Apr 20092,94946.773.59$10,580
Mar 20093,21542.144.06$13,050
Feb 20092,19332.814.63$10,160
Jan 20092,78635.865.37$14,964
Dec 20082,61437.105.98$15,624
Nov 20082,76955.496.86$18,996
Oct 20083,23375.246.92$22,379
Sep 20082,898101.767.88$22,828
Aug 20082,670114.228.48$22,650
Jul 20082,373131.0811.39$27,027
Jun 20082,472131.3313.03$32,217
May 20082,414123.1711.57$27,940
Apr 20082,854110.3110.45$29,838
Mar 20083,689101.909.66$35,651
Feb 20083,22992.538.77$28,320
Jan 20083,33490.388.21$27,358
Dec 20072,91488.337.30$21,278
Nov 20074,05491.677.29$29,561
Oct 20075,87582.856.92$40,667
Sep 20071,88475.846.24$11,764
Aug 200765969.066.39$4,210
Jul 200790370.906.39$5,768
Jun 20072,23562.007.55$16,871
May 20072,48858.747.85$19,522
Apr 20072,71959.617.81$21,222
Mar 20073,27556.927.30$23,914
Feb 20073,85255.108.22$31,648
Jan 20074,66950.306.73$31,408
Dec 20065,45156.656.92$37,712
Nov 20065,86454.207.62$44,669
Oct 20066,86454.906.01$41,279
Sep 20066,73660.085.04$33,931
Aug 20067,99968.717.34$58,712
Jul 20069,21269.376.34$58,430
Jun 20069,79566.286.38$62,530
May 200610,55566.016.42$67,816
Apr 200617,05264.397.36$125,511
Mar 200614,42956.707.08$102,199
Feb 200612,39857.597.75$96,098
Jan 200613,31260.598.93$118,920
Dec 200516,75454.9413.42$224,762
Nov 200524,67954.6910.59$261,311
Oct 200510,83958.3413.80$149,532

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.

Aug 2011 — as filed, then multipliedworked
Gas               13,085 Mcf  × $  4.15 =    $54,294

────────────────────────────────────────────────────
Month total                                  $54,294

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/216900 is the state's own key, not one this site invented.