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 224778District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Jun 2006 – Jun 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
193
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
GasProduction684,143 Mcf$4,015,364
Total$4,015,364

Every month this lease reported (193)

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

193 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 2014295.944.81$10
Mar 2014095.895.06$0
Feb 2014997.406.19$56
Jan 201413090.404.86$632
Dec 201310691.824.35$462
Nov 201314388.853.74$535
Oct 201315297.423.78$574
Sep 2013125104.113.72$465
Aug 2013133104.253.52$469
Jul 2013129102.523.72$480
Jun 201322994.403.93$901
May 201326094.834.15$1,079
Apr 20138493.964.28$360
Mar 201331993.623.91$1,248
Feb 201331191.233.42$1,064
Jan 201328691.603.42$978
Dec 20123,64286.773.42$12,456
Nov 20123,90686.953.62$14,159
Oct 20124,38489.383.40$14,904
Sep 20124,52094.672.92$13,191
Aug 20123,81792.662.91$11,100
Jul 20122,95085.133.02$8,911
Jun 20124,47779.822.52$11,278
May 201254991.612.49$1,366
Apr 20126,251101.652.00$12,482
Mar 20127,365105.052.22$16,366
Feb 20126,968101.102.57$17,909
Jan 20128,06998.092.73$22,061
Dec 20118,18996.873.24$26,530
Nov 20117,97495.723.31$26,404
Oct 20116,42384.983.65$23,435
Sep 20113,48783.623.99$13,898
Aug 20112,98183.404.15$12,369
Jul 20113,55394.144.52$16,050
Jun 20117,86492.904.64$36,488
May 20118,49798.134.40$37,428
Apr 20118,157105.964.33$35,347
Mar 20117,78396.364.06$31,578
Feb 20117,16785.644.18$29,958
Jan 20116,73386.504.59$30,896
Dec 20108,56585.734.35$37,238
Nov 20108,75680.843.80$33,232
Oct 20108,98578.103.51$31,527
Sep 20106,72372.633.98$26,754
Aug 20104,12773.684.42$18,239
Jul 20108,73472.554.74$41,369
Jun 20106,39070.364.91$31,377
May 20106,28271.124.24$26,606
Apr 20107,41281.694.12$30,557
Mar 20107,76978.394.39$34,096
Feb 20106,59573.585.44$35,892
Jan 20107,37974.365.96$44,009
Dec 20097,53971.445.48$41,342
Nov 20097,29074.593.75$27,348
Oct 20097,29772.544.11$29,992
Sep 20095,51065.543.06$16,887
Aug 20095,71567.423.22$18,394
Jul 20095,96461.133.46$20,662
Jun 20095,87866.163.90$22,895
May 20096,40554.743.93$25,144
Apr 20098,13646.773.59$29,188
Mar 20098,21342.144.06$33,337
Feb 20095,59432.814.63$25,917
Jan 20095,84335.865.37$31,383
Dec 20087,27237.105.98$43,466
Nov 20087,00455.496.86$48,050
Oct 20087,84975.246.92$54,331
Sep 20085,129101.767.88$40,402
Aug 20088,583114.228.48$72,810
Jul 20089,153131.0811.39$104,247
Jun 20089,216131.3313.03$120,109
May 200810,561123.1711.57$122,236
Apr 200810,709110.3110.45$111,961
Mar 20086,085101.909.66$58,806
Feb 20086,15592.538.77$53,983
Jan 20085,75790.388.21$47,240
Dec 20076,58188.337.30$48,054
Nov 20079,73391.677.29$70,970
Oct 20079,80182.856.92$67,842
Sep 20077,03775.846.24$43,940
Aug 20077,89569.066.39$50,433
Jul 20079,01970.906.39$57,613
Jun 20079,31462.007.55$70,306
May 200710,56758.747.85$82,912
Apr 200711,72159.617.81$91,485
Mar 200714,89656.927.30$108,770
Feb 200713,43255.108.22$110,357
Jan 200712,60650.306.73$84,799
Dec 200612,53756.656.92$86,736
Nov 200614,76854.207.62$112,495
Oct 200619,79054.906.01$119,013
Sep 200621,72260.085.04$109,418
Aug 200625,47668.717.34$186,992
Jul 200631,32169.376.34$198,662
Jun 200637,22966.286.38$237,665

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.

Apr 2014 — as filed, then multipliedworked
Gas                    2 Mcf  × $  4.81 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/224778 is the state's own key, not one this site invented.