RICKETTS UNIT

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 224002District 09Field 65280200CondensateGasSaveExport
Value, all time
$16.7 M
Oct 2005 – May 2026
Value, last 12 filed months
$309 k
at the published price for each month
Months reported
248
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition29 bbl$1,860
GasProduction2,819,957 Mcf$16,692,914
Total$16,694,774

Every month this lease reported (248)

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

248 months

May 202606,778106.413.05$20,645
Apr 202606,50098.932.87$18,653
Mar 202606,91189.753.15$21,766
Feb 202606,33163.503.75$23,743
Jan 202607,19059.138.00$57,505
Dec 202507,42456.664.41$32,765
Nov 202507,00958.593.93$27,520
Oct 202507,10059.383.30$23,464
Sep 202506,44062.743.08$19,815
Aug 202506,33963.933.01$19,111
Jul 202506,80866.743.32$22,570
Jun 202506,82966.483.13$21,366
May 202507,31860.553.23$23,654
Apr 202507,32662.363.54$25,957
Mar 202507,77167.704.27$33,169
Feb 202505,27870.884.34$22,911
Jan 202507,89874.324.28$33,793
Dec 202407,88368.993.12$24,606
Nov 202404,77669.052.20$10,500
Oct 202407,39071.372.28$16,860
Sep 202407,25069.612.36$17,142
Aug 202407,12875.632.06$14,710
Jul 202407,05879.932.15$15,151
Jun 202406,72178.082.63$17,703
May 202407,02078.812.20$15,433
Apr 202406,82284.451.66$11,319
Mar 202407,19280.301.55$11,113
Feb 202406,78876.091.78$12,107
Jan 202405,92473.023.30$19,535
Dec 202307,37971.262.61$19,265
Nov 202307,44677.892.81$20,905
Oct 202307,61785.443.09$23,516
Sep 202307,75789.042.74$21,216
Aug 202308,27780.522.67$22,123
Jul 202305,52574.852.64$14,596
Jun 2023010,41368.962.26$23,518
May 2023010,15670.622.23$22,621
Apr 202309,56278.122.24$21,397
Mar 202307,96872.852.39$19,069
Feb 202308,62475.112.47$21,264
Jan 202309,43476.533.39$31,960
Dec 202207,11776.415.73$40,774
Nov 2022010,61985.005.65$59,957
Oct 202207,53187.185.86$44,160
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021083871.323.90$3,267
Nov 202104,64377.435.24$24,315
Oct 202104,84779.795.71$27,695
Sep 202104,95169.865.35$26,492
Aug 202105,01966.024.22$21,183
Jul 202104,66870.783.98$18,588
Jun 202104,98369.493.38$16,846
May 202104,23663.483.02$12,783
Apr 202104,29960.362.76$11,858
Mar 202102,75861.302.72$7,493
Feb 202102,02057.805.55$11,207
Jan 202104,46050.412.81$12,534
Dec 202005,36244.642.68$14,346
Nov 202005,35138.772.71$14,483
Oct 202004,74936.972.48$11,770
Sep 202004,59137.091.99$9,141
Aug 202004,24839.982.39$10,132
Jul 202004,73038.371.83$8,633
Jun 202003,41434.901.69$5,771
May 202001,92516.921.81$3,493
Apr 202002,80914.751.80$5,069
Mar 2020063430.341.86$1,177
Feb 20200049.881.98$0
Jan 202003,92657.252.09$8,224
Dec 201905,37359.012.30$12,381
Nov 201904,92055.302.75$13,533
Oct 201905,11053.472.42$12,359
Sep 201904,54855.052.66$12,085
Aug 201904,46053.112.30$10,277
Jul 201904,94256.272.46$12,158
Jun 201905,08452.782.49$12,665
May 201905,14658.482.74$14,102
Apr 201904,31062.632.75$11,856
Mar 201904,62156.803.06$14,150
Feb 201903,90350.852.79$10,898
Jan 201903,97146.033.23$12,819
Dec 201803,84846.594.19$16,106
Nov 201803,17852.934.24$13,466
Oct 201803,51961.443.40$11,958
Sep 201803,98359.543.11$12,379
Aug 201804,19259.403.07$12,855
Jul 201803,38265.142.93$9,916
Jun 201802,35060.183.08$7,231
May 2018093665.382.90$2,715
Apr 2018087363.842.90$2,532
Mar 201802,58361.222.79$7,198
Feb 201804,85761.782.77$13,435
Jan 201804,23762.874.01$16,987
Dec 201704,96957.272.92$14,517
Nov 201705,23855.423.12$16,334
Oct 201705,43349.292.98$16,210
Sep 201705,37247.523.09$16,585
Aug 201705,48945.373.00$16,491
Jul 201705,56843.873.09$17,190
Jun 201705,82242.493.09$17,974
May 201706,56545.373.26$21,424
Apr 201706,46847.933.21$20,773
Mar 201706,22846.772.98$18,582
Feb 201704,51650.452.95$13,334
Jan 201704,89149.413.42$16,721
Dec 201604,72948.763.72$17,605
Nov 201603,76142.492.64$9,945
Oct 201603,85046.193.09$11,898
Sep 20160141.553.10$3
Aug 20160041.442.92$0
Jul 2016076941.622.92$2,249
Jun 201601,72245.352.69$4,625
May 201605,50742.521.99$10,965
Apr 2016010,59436.561.99$21,093
Mar 2016011,13633.011.79$19,978
Feb 2016010,82326.472.06$22,335
Jan 2016012,69127.352.36$30,006
Dec 2015012,49032.362.00$24,998
Nov 201507,46838.792.17$16,186
Oct 201509,93643.552.43$24,111
Sep 2015010,22342.992.76$28,199
Aug 2015010,51640.162.87$30,207
Jul 201509,39248.152.95$27,660
Jun 201507,33656.152.88$21,149
May 201507,68855.212.96$22,722
Apr 201507,75249.822.71$20,981
Mar 201508,57842.892.93$25,174
Feb 201507,78144.662.98$23,158
Jan 201507,96943.433.10$24,709
Dec 201408,00154.693.59$28,734
Nov 201407,70070.464.25$32,739
Oct 201409,46678.303.90$36,926
Sep 201408,81686.164.05$35,665
Aug 201409,00489.394.04$36,332
Jul 201404,53296.564.18$18,942
Jun 201404,11198.164.74$19,473
May 201406,15294.734.73$29,078
Apr 20140095.944.81$0
Mar 201402,15995.895.06$10,918
Feb 201402,93897.406.19$18,192
Jan 2014016690.404.86$807
Dec 20130091.824.35$0
Nov 201301,92088.853.74$7,178
Oct 2013010,02997.423.78$37,903
Sep 201309,963104.113.72$37,040
Aug 2013010,623104.253.52$37,421
Jul 2013010,499102.523.72$39,033
Jun 2013010,25094.403.93$40,317
May 2013010,49394.834.15$43,536
Apr 2013010,10593.964.28$43,276
Mar 2013010,31393.623.91$40,353
Feb 201309,51791.233.42$32,547
Jan 2013010,64591.603.42$36,405
Dec 2012011,50086.773.42$39,332
Nov 2012011,98886.953.62$43,456
Oct 2012011,00489.383.40$37,410
Sep 201209,14694.672.92$26,692
Aug 201209,17092.662.91$26,668
Jul 201206,60885.133.02$19,961
Jun 201201,95379.822.52$4,920
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201206,194105.052.22$13,764
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201108,90996.873.24$28,863
Nov 2011011,33395.723.31$37,527
Oct 2011011,94584.983.65$43,582
Sep 2011011,20983.623.99$44,677
Aug 201107,98283.404.15$33,120
Jul 20110094.144.52$0
Jun 201108,35692.904.64$38,771
May 20110098.134.40$0
Apr 201109,326105.964.33$40,412
Mar 2011012,61096.364.06$51,163
Feb 201103,88085.644.18$16,218
Jan 20110086.504.59$0
Dec 2010014,50585.734.35$63,064
Nov 201009,36680.843.80$35,547
Oct 2010011,79178.103.51$41,373
Sep 2010014,41072.633.98$57,344
Aug 2010019,77073.684.42$87,371
Jul 2010021,99272.554.74$104,165
Jun 2010024,08170.364.91$118,247
May 2010023,73971.124.24$100,540
Apr 2010017,80981.694.12$73,421
Mar 201001,64178.394.39$7,202
Feb 201006,12873.585.44$33,351
Jan 2010010,29974.365.96$61,424
Dec 200902,64271.445.48$14,488
Nov 2009013,29374.593.75$49,869
Oct 2009020,22172.544.11$83,113
Sep 2009018,06365.543.06$55,359
Aug 2009014,61967.423.22$47,051
Jul 2009015,68761.133.46$54,348
Jun 2009017,28066.163.90$67,306
May 2009016,46954.743.93$64,653
Apr 2009020,38346.773.59$73,124
Mar 2009015,36542.144.06$62,367
Feb 2009015,95232.814.63$73,906
Jan 2009019,41435.865.37$104,273
Dec 2008017,07237.105.98$102,042
Nov 2008021,27855.496.86$145,975
Oct 2008018,88975.246.92$130,749
Sep 2008017,932101.767.88$141,252
Aug 2008017,040114.228.48$144,551
Jul 2008018,373131.0811.39$209,258
Jun 2008018,301131.3313.03$238,510
May 2008019,158123.1711.57$221,740
Apr 2008016,396110.3110.45$171,418
Mar 2008036,762101.909.66$355,271
Feb 200806,46392.538.77$56,684
Jan 20080090.388.21$0
Dec 200702988.337.30$212
Nov 2007019,57691.677.29$142,742
Oct 2007030,54882.856.92$211,453
Sep 2007030,64375.846.24$191,340
Aug 2007032,43369.066.39$207,180
Jul 2007031,89070.906.39$203,711
Jun 2007033,07662.007.55$249,673
May 2007035,35158.747.85$277,374
Apr 2007035,37659.617.81$276,117
Mar 2007039,55956.927.30$288,859
Feb 2007036,67555.108.22$301,322
Jan 2007040,57950.306.73$272,969
Dec 2006044,86556.656.92$310,396
Nov 2006043,15454.207.62$328,725
Oct 2006034,54354.906.01$207,735
Sep 2006043,92560.085.04$221,259
Aug 2006047,15468.717.34$346,107
Jul 2006046,99369.376.34$298,065
Jun 20061549,06166.286.38$314,194
May 2006324,45966.016.42$157,347
Apr 2006250,52064.397.36$371,980
Mar 2006057,95256.707.08$410,469
Feb 2006248,99657.597.75$379,889
Jan 2006765,28960.598.93$583,672
Dec 2005069,29754.9413.42$929,647
Nov 2005087,27954.6910.59$924,145
Oct 2005099,95258.3413.80$1,378,914

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                6,778 Mcf  × $  3.05 =    $20,645

────────────────────────────────────────────────────
Month total                                  $20,645

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/224002 is the state's own key, not one this site invented.