FALVEL

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 231513District 09Field 65280200GasSaveExport
Value, all time
$14.5 M
Nov 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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
GasProduction2,311,201 Mcf$14,519,948
Total$14,519,948

Every month this lease reported (247)

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

247 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
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 20192,54652.782.49$6,343
May 20193,93058.482.74$10,769
Apr 20193,39162.632.75$9,328
Mar 201989956.803.06$2,753
Feb 20199850.852.79$274
Jan 20192,98446.033.23$9,633
Dec 20187,99346.594.19$33,454
Nov 20187,78352.934.24$32,978
Oct 20189,10161.443.40$30,926
Sep 20189,70759.543.11$30,169
Aug 20187,90959.403.07$24,253
Jul 20189,65165.142.93$28,296
Jun 20187,88660.183.08$24,265
May 20189,86965.382.90$28,628
Apr 20188,97563.842.90$26,035
Mar 20186,78161.222.79$18,898
Feb 20189,89561.782.77$27,371
Jan 201811,05362.874.01$44,315
Dec 201710,67857.272.92$31,196
Nov 201710,48755.423.12$32,702
Oct 201710,18449.292.98$30,386
Sep 20177,27347.523.09$22,454
Aug 20177,04445.373.00$21,163
Jul 20176,64743.873.09$20,521
Jun 20177,17442.493.09$22,148
May 20175,69045.373.26$18,569
Apr 20174,44147.933.21$14,263
Mar 20176,74946.772.98$20,137
Feb 20174,45150.452.95$13,142
Jan 20179,15349.413.42$31,292
Dec 201610,02448.763.72$37,318
Nov 201611,02942.492.64$29,165
Oct 201612,11246.193.09$37,429
Sep 201612,19541.553.10$37,812
Aug 20167,70641.442.92$22,535
Jul 201610,27041.622.92$30,033
Jun 20168,95045.352.69$24,038
May 201687442.521.99$1,740
Apr 20162,38136.561.99$4,741
Mar 201673933.011.79$1,326
Feb 20162,07826.472.06$4,288
Jan 201634527.352.36$816
Dec 20153,00432.362.00$6,012
Nov 20157,99038.792.17$17,317
Oct 20157,66643.552.43$18,602
Sep 20159,03942.992.76$24,933
Aug 20157,10140.162.87$20,398
Jul 20156,72648.152.95$19,809
Jun 20156,43156.152.88$18,540
May 20156,29855.212.96$18,613
Apr 20155,89049.822.71$15,942
Mar 20156,20542.892.93$18,210
Feb 20154,94944.662.98$14,729
Jan 20156,50643.433.10$20,173
Dec 20146,89054.693.59$24,744
Nov 20144,95570.464.25$21,068
Oct 20145,04578.303.90$19,680
Sep 20144,38786.164.05$17,747
Aug 20144,63589.394.04$18,703
Jul 20144,65096.564.18$19,435
Jun 20144,55598.164.74$21,576
May 20144,72494.734.73$22,328
Apr 20144,48395.944.81$21,559
Mar 20144,70495.895.06$23,787
Feb 20144,34597.406.19$26,904
Jan 20144,83290.404.86$23,487
Dec 20134,23491.824.35$18,437
Nov 20134,54988.853.74$17,005
Oct 20134,59997.423.78$17,381
Sep 20134,528104.113.72$16,834
Aug 20134,896104.253.52$17,247
Jul 20134,970102.523.72$18,477
Jun 20134,02294.403.93$15,820
May 20132,30694.834.15$9,568
Apr 20132,45693.964.28$10,518
Mar 20132,67293.623.91$10,455
Feb 20132,34691.233.42$8,023
Jan 20133,25791.603.42$11,139
Dec 20124,90186.773.42$16,762
Nov 20124,65886.953.62$16,885
Oct 20123,39289.383.40$11,532
Sep 20123,45294.672.92$10,074
Aug 20125,40392.662.91$15,713
Jul 20126,89185.133.02$20,816
Jun 20125,59979.822.52$14,104
May 20124,88991.612.49$12,165
Apr 20127,274101.652.00$14,525
Mar 20127,828105.052.22$17,394
Feb 20126,420101.102.57$16,501
Jan 20126,84098.092.73$18,701
Dec 20114,48396.873.24$14,524
Nov 20115,76795.723.31$19,096
Oct 20116,86284.983.65$25,036
Sep 20116,78283.623.99$27,032
Aug 20117,11883.404.15$29,535
Jul 20117,42894.144.52$33,554
Jun 20112,60192.904.64$12,068
May 20114,71798.134.40$20,778
Apr 20117,172105.964.33$31,078
Mar 201111,00496.364.06$44,647
Feb 20118,58885.644.18$35,898
Jan 201110,86486.504.59$49,853
Dec 201012,60085.734.35$54,782
Nov 201011,77880.843.80$44,701
Oct 201013,33978.103.51$46,805
Sep 201013,05572.633.98$51,952
Aug 201013,39273.684.42$59,184
Jul 201013,25172.554.74$62,763
Jun 201011,52170.364.91$56,573
May 201015,42271.124.24$65,316
Apr 201014,61081.694.12$60,233
Mar 201015,21678.394.39$66,778
Feb 201013,41073.585.44$72,982
Jan 201015,09874.365.96$90,046
Dec 200910,96271.445.48$60,113
Nov 200915,45174.593.75$57,964
Oct 200916,37272.544.11$67,293
Sep 200917,13365.543.06$52,508
Aug 200917,43467.423.22$56,111
Jul 200918,20761.133.46$63,078
Jun 200917,61566.163.90$68,610
May 200918,98654.743.93$74,534
Apr 200917,88446.773.59$64,159
Mar 200916,20142.144.06$65,760
Feb 200915,52532.814.63$71,927
Jan 200915,89235.865.37$85,356
Dec 200814,91737.105.98$89,161
Nov 200814,36555.496.86$98,549
Oct 20089,12775.246.92$63,177
Sep 20087,435101.767.88$58,566
Aug 200812,144114.228.48$103,018
Jul 200821,931131.0811.39$249,782
Jun 200820,177131.3313.03$262,959
May 200822,211123.1711.57$257,077
Apr 200821,702110.3110.45$226,891
Mar 200818,042101.909.66$174,359
Feb 200820,15692.538.77$176,780
Jan 200825,52190.388.21$209,418
Dec 200726,94188.337.30$196,722
Nov 200722,01391.677.29$160,512
Oct 20078,16982.856.92$56,546
Sep 200725,16775.846.24$157,147
Aug 200723,50569.066.39$150,149
Jul 200718,35970.906.39$117,276
Jun 200719,33562.007.55$145,949
May 200721,36258.747.85$167,612
Apr 200716,22659.617.81$126,647
Mar 200716,30756.927.30$119,073
Feb 200722,03555.108.22$181,040
Jan 200738,31850.306.73$257,759
Dec 200642,98256.656.92$297,368
Nov 200645,00254.207.62$342,802
Oct 200638,95454.906.01$234,262
Sep 200646,02060.085.04$231,812
Aug 200645,42668.717.34$333,423
Jul 200647,44769.376.34$300,945
Jun 200646,25366.286.38$295,274
May 200656,94166.016.42$365,846
Apr 200664,57064.397.36$475,266
Mar 200674,82456.707.08$529,972
Feb 200674,43357.597.75$576,939
Jan 200695,07760.598.93$849,353
Dec 2005111,19554.9413.42$1,491,725
Nov 200575,35554.6910.59$797,889

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.

Jun 2019 — as filed, then multipliedworked
Gas                2,546 Mcf  × $  2.49 =     $6,343

────────────────────────────────────────────────────
Month total                                   $6,343

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/231513 is the state's own key, not one this site invented.