TARRANT MINERALS

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 224523District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.9 M
May 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
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
CondensateDisposition9 bbl$596
GasProduction2,201,170 Mcf$12,882,472
Total$12,883,068

Every month this lease reported (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
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 2021011571.323.90$448
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019046756.272.46$1,149
Jun 201902,14652.782.49$5,346
May 201902,27358.482.74$6,229
Apr 201902,50162.632.75$6,880
Mar 201902,72856.803.06$8,353
Feb 201902,52750.852.79$7,056
Jan 201902,62746.033.23$8,480
Dec 201802,82746.594.19$11,832
Nov 201803,44552.934.24$14,597
Oct 201803,43461.443.40$11,669
Sep 201803,33459.543.11$10,362
Aug 201803,40959.403.07$10,454
Jul 201803,37965.142.93$9,907
Jun 201801,13960.183.08$3,505
May 201802,78165.382.90$8,067
Apr 201802,62463.842.90$7,612
Mar 201802,94961.222.79$8,218
Feb 201802,81061.782.77$7,773
Jan 201803,37162.874.01$13,515
Dec 201704,09557.272.92$11,964
Nov 201703,56855.423.12$11,126
Oct 201703,88949.292.98$11,604
Sep 201703,75247.523.09$11,583
Aug 201703,55845.373.00$10,690
Jul 201703,61143.873.09$11,148
Jun 201703,43242.493.09$10,596
May 201703,42945.373.26$11,190
Apr 201704,22447.933.21$13,566
Mar 201704,33946.772.98$12,946
Feb 201703,15650.452.95$9,318
Jan 201703,78449.413.42$12,937
Dec 201603,56448.763.72$13,268
Nov 201604,28042.492.64$11,318
Oct 201604,24446.193.09$13,115
Sep 201603,95541.553.10$12,263
Aug 201604,10541.442.92$12,004
Jul 201604,61341.622.92$13,490
Jun 201604,40745.352.69$11,836
May 201603,70442.521.99$7,375
Apr 201603,65736.561.99$7,281
Mar 201604,29033.011.79$7,696
Feb 201603,63826.472.06$7,507
Jan 201604,08627.352.36$9,661
Dec 201504,57632.362.00$9,158
Nov 201504,51738.792.17$9,790
Oct 201505,02443.552.43$12,191
Sep 201504,53542.992.76$12,509
Aug 201504,59940.162.87$13,211
Jul 201504,79448.152.95$14,119
Jun 201504,98356.152.88$14,365
May 201504,69155.212.96$13,864
Apr 201504,59349.822.71$12,431
Mar 201504,88942.892.93$14,348
Feb 201504,44844.662.98$13,238
Jan 201504,84243.433.10$15,013
Dec 201405,18554.693.59$18,621
Nov 201405,11470.464.25$21,744
Oct 201405,34278.303.90$20,839
Sep 201405,12386.164.05$20,725
Aug 201405,58589.394.04$22,536
Jul 201405,67996.564.18$23,736
Jun 201405,47898.164.74$25,949
May 201405,47794.734.73$25,887
Apr 201405,23795.944.81$25,185
Mar 201405,62495.895.06$28,439
Feb 201405,30797.406.19$32,861
Jan 201405,72290.404.86$27,813
Dec 201306,26591.824.35$27,281
Nov 201306,16088.853.74$23,028
Oct 201304,96897.423.78$18,776
Sep 201305,146104.113.72$19,131
Aug 201305,210104.253.52$18,353
Jul 201304,599102.523.72$17,098
Jun 201305,26594.403.93$20,709
May 201303,49494.834.15$14,497
Apr 201305,81093.964.28$24,882
Mar 201306,09793.623.91$23,857
Feb 201304,77791.233.42$16,337
Jan 201303,28991.603.42$11,248
Dec 201205,46186.773.42$18,677
Nov 201206,80686.953.62$24,671
Oct 201208,71389.383.40$29,621
Sep 201207,24394.672.92$21,138
Aug 201207,46492.662.91$21,707
Jul 201208,29585.133.02$25,058
Jun 201208,31679.822.52$20,948
May 201208,45691.612.49$21,041
Apr 201208,177101.652.00$16,328
Mar 201208,783105.052.22$19,517
Feb 201206,595101.102.57$16,951
Jan 201209,05698.092.73$24,760
Dec 2011010,08096.873.24$32,657
Nov 201105,86295.723.31$19,411
Oct 201109,46384.983.65$34,526
Sep 201109,82983.623.99$39,176
Aug 2011011,15683.404.15$46,290
Jul 201103,22494.144.52$14,564
Jun 201106,58192.904.64$30,535
May 2011010,58898.134.40$46,638
Apr 201109,262105.964.33$40,135
Mar 2011010,58096.364.06$42,927
Feb 201109,88585.644.18$41,319
Jan 2011011,51186.504.59$52,821
Dec 2010014,78485.734.35$64,277
Nov 2010010,12380.843.80$38,420
Oct 2010010,44878.103.51$36,661
Sep 2010011,03572.633.98$43,913
Aug 2010010,48873.684.42$46,350
Jul 2010010,94472.554.74$51,836
Jun 201007,43670.364.91$36,514
May 2010011,50871.124.24$48,739
Apr 2010010,48181.694.12$43,210
Mar 2010011,71978.394.39$51,431
Feb 2010011,82573.585.44$64,356
Jan 2010012,81774.365.96$76,442
Dec 200906,39671.445.48$35,074
Nov 2009011,33874.593.75$42,535
Oct 2009013,93372.544.11$57,268
Sep 200909,91865.543.06$30,396
Aug 2009010,46367.423.22$33,675
Jul 200906,55061.133.46$22,692
Jun 2009010,17966.163.90$39,647
May 2009012,80154.743.93$50,254
Apr 2009011,56346.773.59$41,482
Mar 2009013,18342.144.06$53,510
Feb 2009015,25332.814.63$70,667
Jan 2009014,93735.865.37$80,227
Dec 200808,38237.105.98$50,100
Nov 2008013,24055.496.86$90,831
Oct 2008019,37775.246.92$134,127
Sep 2008018,756101.767.88$147,743
Aug 200805,366114.228.48$45,520
Jul 200802,286131.0811.39$26,036
Jun 2008017,961131.3313.03$234,079
May 2008016,910123.1711.57$195,721
Apr 200808,828110.3110.45$92,296
Mar 2008013,630101.909.66$131,721
Feb 2008012,24992.538.77$107,431
Jan 2008028,68590.388.21$235,381
Dec 2007035,11188.337.30$256,379
Nov 2007040,45991.677.29$295,015
Oct 2007026,69882.856.92$184,803
Sep 2007035,26975.846.24$220,225
Aug 2007044,63969.066.39$285,151
Jul 2007044,97570.906.39$287,298
Jun 2007044,92762.007.55$339,129
May 2007048,54458.747.85$380,890
Apr 2007053,09459.617.81$414,409
Mar 2007056,09756.927.30$409,619
Feb 2007050,99355.108.22$418,958
Jan 2007059,77450.306.73$402,091
Dec 2006063,70856.656.92$440,760
Nov 2006068,98854.207.62$525,515
Oct 2006045,28354.906.01$272,323
Sep 2006082,71860.085.04$416,667
Aug 2006089,86168.717.34$659,573
Jul 20060100,73869.376.34$638,957
Jun 20068114,50066.286.38$731,485
May 20061130,90666.016.42$841,137

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                  115 Mcf  × $  3.90 =       $448

────────────────────────────────────────────────────
Month total                                     $448

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/224523 is the state's own key, not one this site invented.