WAKELAND

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 229061District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Dec 2006 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
234
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
GasProduction1,645,554 Mcf$8,077,279
Total$8,077,279

Every month this lease reported (234)

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

234 months

May 20262,899106.413.05$8,830
Apr 20262,49698.932.87$7,163
Mar 20262,79189.753.15$8,790
Feb 20262,70963.503.75$10,160
Jan 20262,75959.138.00$22,066
Dec 20253,33756.664.41$14,727
Nov 20252,90658.593.93$11,410
Oct 20252,39359.383.30$7,908
Sep 20252,78762.743.08$8,575
Aug 20252,66963.933.01$8,046
Jul 20252,87066.743.32$9,515
Jun 20252,85066.483.13$8,917
May 20252,92160.553.23$9,442
Apr 20252,90162.363.54$10,279
Mar 20252,85667.704.27$12,190
Feb 20252,64570.884.34$11,482
Jan 20252,40574.324.28$10,290
Dec 20242,66468.993.12$8,315
Nov 20242,88569.052.20$6,343
Oct 20242,70971.372.28$6,180
Sep 20242,79169.612.36$6,599
Aug 20243,23475.632.06$6,674
Jul 20243,39879.932.15$7,294
Jun 20243,35978.082.63$8,848
May 20243,52078.812.20$7,739
Apr 20243,40784.451.66$5,653
Mar 20243,50080.301.55$5,408
Feb 20243,31676.091.78$5,915
Jan 20243,25373.023.30$10,727
Dec 20233,59971.262.61$9,396
Nov 20233,41577.892.81$9,588
Oct 20233,40285.443.09$10,503
Sep 20233,11789.042.74$8,525
Aug 20233,43480.522.67$9,179
Jul 20233,48574.852.64$9,207
Jun 20233,43568.962.26$7,758
May 20233,64070.622.23$8,108
Apr 20233,48578.122.24$7,799
Mar 20233,71772.852.39$8,895
Feb 20233,24175.112.47$7,991
Jan 20233,63376.533.39$12,308
Dec 20223,11476.415.73$17,840
Nov 20223,79885.005.65$21,444
Oct 20223,52087.185.86$20,640
Sep 20223,46284.888.16$28,263
Aug 20223,81594.529.13$34,820
Jul 20223,660101.587.54$27,604
Jun 20223,224115.097.98$25,718
May 20223,425109.378.43$28,883
Apr 20223,641104.226.84$24,896
Mar 20223,803108.885.08$19,306
Feb 20223,42991.054.86$16,661
Jan 20223,95881.844.54$17,960
Dec 20213,69371.323.90$14,399
Nov 20213,16477.435.24$16,569
Oct 20213,31479.795.71$18,936
Sep 20214,00669.865.35$21,436
Aug 20213,05666.024.22$12,898
Jul 20213,32570.783.98$13,240
Jun 20213,25269.493.38$10,994
May 20213,25763.483.02$9,829
Apr 20213,67660.362.76$10,140
Mar 20212,79361.302.72$7,588
Feb 20212,85957.805.55$15,862
Jan 20214,07350.412.81$11,446
Dec 20204,15744.642.68$11,122
Nov 20203,92538.772.71$10,623
Oct 20204,04436.972.48$10,023
Sep 20203,97037.091.99$7,904
Aug 20203,90239.982.39$9,307
Jul 20203,70138.371.83$6,755
Jun 20203,77134.901.69$6,374
May 20203,87816.921.81$7,038
Apr 20203,89114.751.80$7,021
Mar 20204,18030.341.86$7,759
Feb 20204,04149.881.98$8,004
Jan 20204,27957.252.09$8,963
Dec 20194,33259.012.30$9,982
Nov 20194,16355.302.75$11,451
Oct 20194,25553.472.42$10,291
Sep 20194,07155.052.66$10,818
Aug 20194,18953.112.30$9,653
Jul 20194,30956.272.46$10,600
Jun 20194,15952.782.49$10,361
May 20194,28758.482.74$11,748
Apr 20194,18262.632.75$11,503
Mar 20194,33056.803.06$13,259
Feb 20194,01750.852.79$11,216
Jan 20194,42746.033.23$14,291
Dec 20184,42546.594.19$18,521
Nov 20184,30052.934.24$18,220
Oct 20184,43761.443.40$15,077
Sep 20184,35859.543.11$13,545
Aug 20184,59759.403.07$14,097
Jul 20184,37365.142.93$12,821
Jun 20184,50860.183.08$13,871
May 20184,85865.382.90$14,092
Apr 20184,77963.842.90$13,863
Mar 20184,96661.222.79$13,839
Feb 20184,44661.782.77$12,298
Jan 20185,10662.874.01$20,472
Dec 20175,16257.272.92$15,081
Nov 20175,13155.423.12$16,000
Oct 20175,18349.292.98$15,464
Sep 20174,96347.523.09$15,322
Aug 20175,30545.373.00$15,938
Jul 20175,35743.873.09$16,539
Jun 20175,13742.493.09$15,859
May 20175,54645.373.26$18,099
Apr 20175,51247.933.21$17,702
Mar 20175,81946.772.98$17,362
Feb 20175,31750.452.95$15,699
Jan 20176,02349.413.42$20,591
Dec 20166,20448.763.72$23,096
Nov 20166,15142.492.64$16,265
Oct 20166,16946.193.09$19,064
Sep 20166,10741.553.10$18,936
Aug 20166,19241.442.92$18,108
Jul 20166,14141.622.92$17,958
Jun 20166,12245.352.69$16,443
May 20166,35342.521.99$12,649
Apr 20166,16336.561.99$12,271
Mar 20166,26333.011.79$11,236
Feb 20166,14526.472.06$12,681
Jan 20166,60627.352.36$15,619
Dec 20156,26932.362.00$12,547
Nov 20156,42538.792.17$13,925
Oct 20157,97843.552.43$19,359
Sep 20158,66742.992.76$23,907
Aug 20158,51740.162.87$24,465
Jul 20156,02048.152.95$17,729
Jun 20155,42756.152.88$15,645
May 20155,89455.212.96$17,419
Apr 20156,08849.822.71$16,478
Mar 20156,62842.892.93$19,451
Feb 20155,83944.662.98$17,378
Jan 20156,33143.433.10$19,630
Dec 20145,78654.693.59$20,780
Nov 20144,95670.464.25$21,072
Oct 20145,08378.303.90$19,829
Sep 20144,94086.164.05$19,984
Aug 20145,18589.394.04$20,922
Jul 20145,16896.564.18$21,600
Jun 20145,18098.164.74$24,537
May 20145,29594.734.73$25,027
Apr 20144,90095.944.81$23,565
Mar 20145,13395.895.06$25,957
Feb 20144,81297.406.19$29,796
Jan 20145,40590.404.86$26,272
Dec 20135,33091.824.35$23,209
Nov 20135,20188.853.74$19,443
Oct 20135,28797.423.78$19,981
Sep 20135,204104.113.72$19,347
Aug 20134,972104.253.52$17,514
Jul 20135,622102.523.72$20,901
Jun 20132,50894.403.93$9,865
May 2013094.834.15$0
Apr 20134,38393.964.28$18,771
Mar 20136,29393.623.91$24,624
Feb 20135,77091.233.42$19,733
Jan 20136,09091.603.42$20,827
Dec 20126,56986.773.42$22,467
Nov 20126,45486.953.62$23,395
Oct 20126,45089.383.40$21,928
Sep 20126,55794.672.92$19,136
Aug 20126,90792.662.91$20,087
Jul 20126,97885.133.02$21,079
Jun 20127,03079.822.52$17,709
May 20127,25991.612.49$18,063
Apr 20127,145101.652.00$14,267
Mar 20127,595105.052.22$16,877
Feb 20127,243101.102.57$18,616
Jan 20127,97298.092.73$21,796
Dec 20118,39596.873.24$27,198
Nov 20118,17695.723.31$27,073
Oct 20118,18084.983.65$29,845
Sep 20118,51983.623.99$33,955
Aug 20115,39083.404.15$22,365
Jul 20115,79094.144.52$26,155
Jun 20118,51092.904.64$39,485
May 20115,23098.134.40$23,037
Apr 20117,662105.964.33$33,202
Mar 20118,16596.364.06$33,128
Feb 20117,19385.644.18$30,067
Jan 20118,54686.504.59$39,216
Dec 20107,60585.734.35$33,065
Nov 20107,61980.843.80$28,917
Oct 20108,74978.103.51$30,699
Sep 20108,17972.633.98$32,548
Aug 20108,12073.684.42$35,885
Jul 20108,47872.554.74$40,156
Jun 20107,86670.364.91$38,625
May 20108,50471.124.24$36,016
Apr 20108,95081.694.12$36,898
Mar 20109,62778.394.39$42,250
Feb 20109,67173.585.44$52,633
Jan 201010,19774.365.96$60,816
Dec 200910,18271.445.48$55,836
Nov 20099,62374.593.75$36,101
Oct 200910,21272.544.11$41,974
Sep 200910,12365.543.06$31,024
Aug 200911,02167.423.22$35,471
Jul 200910,95261.133.46$37,943
Jun 200910,76266.163.90$41,918
May 200911,82254.743.93$46,410
Apr 200911,77346.773.59$42,236
Mar 200914,06842.144.06$57,102
Feb 200915,52232.814.63$71,913
Jan 20099,34035.865.37$50,165
Dec 20089,56437.105.98$57,165
Nov 200811,06455.496.86$75,903
Oct 200812,91075.246.92$89,363
Sep 200811,599101.767.88$91,366
Aug 200812,763114.228.48$108,269
Jul 200813,860131.0811.39$157,858
Jun 200813,503131.3313.03$175,980
May 20088,871123.1711.57$102,676
Apr 200811,044110.3110.45$115,463
Mar 200813,538101.909.66$130,832
Feb 200815,00692.538.77$131,611
Jan 200817,32690.388.21$142,172
Dec 200717,37688.337.30$126,879
Nov 200717,89891.677.29$130,507
Oct 200717,40582.856.92$120,477
Sep 200715,65475.846.24$97,746
Aug 200718,50169.066.39$118,183
Jul 200723,35670.906.39$149,197
Jun 200725,12162.007.55$189,625
May 200728,96858.747.85$227,291
Apr 200731,44359.617.81$245,419
Mar 200736,97656.927.30$269,998
Feb 200740,69455.108.22$334,342
Jan 200758,17050.306.73$391,301
Dec 200648,64456.656.92$336,541

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
Gas                2,899 Mcf  × $  3.05 =     $8,830

────────────────────────────────────────────────────
Month total                                   $8,830

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/229061 is the state's own key, not one this site invented.