POLY "B"

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 224005District 09Field 65280200CondensateGasSaveExport
Value, all time
$19.4 M
Dec 2005 – May 2026
Value, last 12 filed months
$635 k
at the published price for each month
Months reported
246
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
CondensateDisposition33 bbl$2,069
GasProduction3,878,298 Mcf$19,436,388
Total$19,438,456

Every month this lease reported (246)

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

246 months

May 2026012,676106.413.05$38,609
Apr 2026012,62798.932.87$36,236
Mar 2026013,20989.753.15$41,601
Feb 2026012,12963.503.75$45,488
Jan 2026014,31559.138.00$114,490
Dec 2025014,51956.664.41$64,078
Nov 2025014,38058.593.93$56,462
Oct 2025014,57159.383.30$48,155
Sep 2025014,34862.743.08$44,148
Aug 2025015,42163.933.01$46,491
Jul 2025015,17266.743.32$50,298
Jun 2025015,67366.483.13$49,036
May 2025016,79960.553.23$54,300
Apr 2025016,19962.363.54$57,395
Mar 2025015,39267.704.27$65,698
Feb 2025013,74370.884.34$59,656
Jan 2025015,46574.324.28$66,170
Dec 2024015,64468.993.12$48,831
Nov 2024015,83769.052.20$34,817
Oct 2024016,19671.372.28$36,950
Sep 2024014,35369.612.36$33,936
Aug 2024016,66375.632.06$34,386
Jul 2024016,77779.932.15$36,013
Jun 2024016,07478.082.63$42,339
May 2024016,60578.812.20$36,505
Apr 2024016,58684.451.66$27,519
Mar 2024017,38980.301.55$26,868
Feb 2024016,21576.091.78$28,922
Jan 2024017,61873.023.30$58,098
Dec 2023017,87171.262.61$46,656
Nov 2023018,60777.892.81$52,240
Oct 2023019,21985.443.09$59,334
Sep 2023019,13889.042.74$52,343
Aug 2023019,97180.522.67$53,380
Jul 2023019,86274.852.64$52,471
Jun 2023025,20568.962.26$56,925
May 2023026,54070.622.23$59,115
Apr 2023021,53678.122.24$48,192
Mar 2023021,90772.852.39$52,427
Feb 2023025,85275.112.47$63,743
Jan 2023025,45176.533.39$86,221
Dec 2022028,59576.415.73$163,823
Nov 2022032,18585.005.65$181,723
Oct 2022033,51287.185.86$196,506
Sep 2022035,74784.888.16$291,827
Aug 2022038,25094.529.13$349,114
Jul 2022037,725101.587.54$284,525
Jun 2022032,634115.097.98$260,328
May 202208,973109.378.43$75,670
Apr 202206,233104.226.84$42,619
Mar 2022016,005108.885.08$81,248
Feb 2022013,14191.054.86$63,850
Jan 202208,45881.844.54$38,380
Dec 202106,93371.323.90$27,033
Nov 202105,94477.435.24$31,128
Oct 202107,82179.795.71$44,688
Sep 202108,11169.865.35$43,401
Aug 202106,95466.024.22$29,350
Jul 202106,74170.783.98$26,843
Jun 202107,15469.493.38$24,185
May 202107,33763.483.02$22,141
Apr 202107,24860.362.76$19,993
Mar 202106,17361.302.72$16,772
Feb 202103,26257.805.55$18,097
Jan 202102,02650.412.81$5,694
Dec 202009,12744.642.68$24,419
Nov 202007,59538.772.71$20,556
Oct 202007,04936.972.48$17,470
Sep 2020024737.091.99$492
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202001,06416.921.81$1,931
Apr 202002,21614.751.80$3,999
Mar 202003,67330.341.86$6,818
Feb 202003,94649.881.98$7,816
Jan 202004,04157.252.09$8,465
Dec 201904,33059.012.30$9,978
Nov 20190055.302.75$0
Oct 201906,06553.472.42$14,668
Sep 201903,76755.052.66$10,010
Aug 201907,16053.112.30$16,499
Jul 2019013,50256.272.46$33,216
Jun 2019013,40752.782.49$33,400
May 2019013,71358.482.74$37,578
Apr 2019012,53062.632.75$34,466
Mar 2019013,07756.803.06$40,043
Feb 2019011,12750.852.79$31,069
Jan 201909,88846.033.23$31,920
Dec 201809,58446.594.19$40,113
Nov 201809,62252.934.24$40,771
Oct 2018011,16061.443.40$37,923
Sep 2018011,16859.543.11$34,710
Aug 201808,91859.403.07$27,348
Jul 201808,29265.142.93$24,311
Jun 201808,32460.183.08$25,612
May 2018010,75065.382.90$31,184
Apr 2018011,91563.842.90$34,563
Mar 2018012,43161.222.79$34,643
Feb 2018011,39461.782.77$31,517
Jan 2018012,93762.874.01$51,869
Dec 2017011,68157.272.92$34,126
Nov 2017013,12055.423.12$40,913
Oct 2017013,42649.292.98$40,059
Sep 2017012,76447.523.09$39,406
Aug 2017013,13145.373.00$39,451
Jul 2017013,58043.873.09$41,925
Jun 2017012,54942.493.09$38,742
May 2017012,91545.373.26$42,147
Apr 2017014,29147.933.21$45,897
Mar 2017015,23746.772.98$45,462
Feb 2017013,99750.452.95$41,328
Jan 2017015,91949.413.42$54,424
Dec 2016015,83048.763.72$58,932
Nov 2016014,73442.492.64$38,962
Oct 2016015,92146.193.09$49,200
Sep 2016015,43141.553.10$47,846
Aug 2016016,13241.442.92$47,175
Jul 2016016,32741.622.92$47,746
Jun 2016015,38945.352.69$41,332
May 2016016,62942.521.99$33,109
Apr 2016016,38236.561.99$32,617
Mar 2016016,51033.011.79$29,619
Feb 2016013,92026.472.06$28,726
Jan 2016013,96427.352.36$33,016
Dec 2015012,21332.362.00$24,443
Nov 2015012,88638.792.17$27,928
Oct 2015014,98943.552.43$36,372
Sep 2015015,49342.992.76$42,736
Aug 2015015,42840.162.87$44,317
Jul 2015015,49048.152.95$45,619
Jun 2015013,09456.152.88$37,748
May 2015013,27355.212.96$39,228
Apr 2015014,74449.822.71$39,906
Mar 2015019,37142.892.93$56,848
Feb 2015017,07144.662.98$50,807
Jan 2015018,66843.433.10$57,883
Dec 2014017,73854.693.59$63,704
Nov 2014016,98470.464.25$72,213
Oct 2014019,43778.303.90$75,823
Sep 2014018,74586.164.05$75,832
Aug 2014018,64989.394.04$75,251
Jul 2014018,80896.564.18$78,610
Jun 2014017,98398.164.74$85,183
May 2014016,13794.734.73$76,273
Apr 2014018,41495.944.81$88,555
Mar 2014020,04895.895.06$101,379
Feb 2014018,50197.406.19$114,558
Jan 2014020,10990.404.86$97,744
Dec 2013018,79291.824.35$81,829
Nov 2013016,32688.853.74$61,031
Oct 2013011,90097.423.78$44,974
Sep 2013015,525104.113.72$57,718
Aug 2013017,660104.253.52$62,209
Jul 201304,792102.523.72$17,815
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201203,92986.773.42$13,438
Nov 2012023,38386.953.62$84,762
Oct 2012024,56089.383.40$83,496
Sep 20120094.672.92$0
Aug 201205,56892.662.91$16,193
Jul 2012022,78285.133.02$68,820
Jun 2012010,19579.822.52$25,682
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201105,96794.144.52$26,954
Jun 201106,47592.904.64$30,043
May 20110098.134.40$0
Apr 2011010,463105.964.33$45,339
Mar 2011015,64496.364.06$63,473
Feb 2011012,73385.644.18$53,224
Jan 2011021,15386.504.59$97,066
Dec 2010024,10085.734.35$104,781
Nov 2010021,01180.843.80$79,744
Oct 2010035,91178.103.51$126,008
Sep 201001,36372.633.98$5,424
Aug 201009,62073.684.42$42,514
Jul 2010015,75172.554.74$74,604
Jun 201009,32570.364.91$45,789
May 201004,56671.124.24$19,338
Apr 2010015,07681.694.12$62,154
Mar 2010020,42778.394.39$89,647
Feb 201003,46973.585.44$18,880
Jan 20100074.365.96$0
Dec 2009010,37871.445.48$56,910
Nov 200909,78674.593.75$36,712
Oct 2009014,54572.544.11$59,784
Sep 200907,85165.543.06$24,061
Aug 200905,57267.423.22$17,933
Jul 2009014,85061.133.46$51,448
Jun 2009013,91566.163.90$54,199
May 2009015,54754.743.93$61,034
Apr 2009014,48646.773.59$51,969
Mar 2009013,86142.144.06$56,262
Feb 2009011,24232.814.63$52,084
Jan 2009012,87135.865.37$69,130
Dec 2008023,12037.105.98$138,191
Nov 2008018,39755.496.86$126,210
Oct 2008017,59975.246.92$121,820
Sep 2008017,353101.767.88$136,691
Aug 2008019,174114.228.48$162,653
Jul 2008018,640131.0811.39$212,299
Jun 2008014,382131.3313.03$187,435
May 2008013,165123.1711.57$152,376
Apr 2008015,182110.3110.45$158,726
Mar 2008017,361101.909.66$167,778
Feb 2008017,18192.538.77$150,687
Jan 2008019,19190.388.21$157,476
Dec 2007029,47988.337.30$215,255
Nov 2007022,98891.677.29$167,622
Oct 2007029,03482.856.92$200,973
Sep 2007023,23575.846.24$145,083
Aug 2007027,53369.066.39$175,879
Jul 2007026,78370.906.39$171,088
Jun 2007027,77862.007.55$209,681
May 2007026,86458.747.85$210,782
Apr 2007029,05759.617.81$226,796
Mar 2007030,43756.927.30$222,250
Feb 2007010,45555.108.22$85,898
Jan 2007037,96750.306.73$255,398
Dec 2006041,67056.656.92$288,291
Nov 2006043,03954.207.62$327,849
Oct 2006034,13154.906.01$205,257
Sep 2006045,70060.085.04$230,200
Aug 2006047,53268.717.34$348,881
Jul 2006048,72369.376.34$309,038
Jun 2006954,64666.286.38$349,450
May 2006360,14866.016.42$386,649
Apr 2006257,78464.397.36$425,447
Mar 2006029,54456.707.08$209,258
Feb 2006263,57657.597.75$492,900
Jan 20061797,48060.598.93$871,850
Dec 2005069,61354.9413.42$933,886

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               12,676 Mcf  × $  3.05 =    $38,609

────────────────────────────────────────────────────
Month total                                  $38,609

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/224005 is the state's own key, not one this site invented.