GRAVES

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 232862District 09Field 65280200GasSaveExport
Value, all time
$7.1 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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
GasProduction1,303,361 Mcf$7,099,557
Total$7,099,557

Every month this lease reported (226)

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

226 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 202161269.865.35$3,275
Aug 202118866.024.22$793
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 201970356.272.46$1,729
Jun 20191,35952.782.49$3,386
May 20191,27558.482.74$3,494
Apr 201955962.632.75$1,538
Mar 20191,19056.803.06$3,644
Feb 20191,39250.852.79$3,887
Jan 20191,43046.033.23$4,616
Dec 20181,17046.594.19$4,897
Nov 20182,06852.934.24$8,763
Oct 20182,17961.443.40$7,404
Sep 20181,97759.543.11$6,145
Aug 20182,04959.403.07$6,283
Jul 20182,04565.142.93$5,996
Jun 20182,80560.183.08$8,631
May 20183,00265.382.90$8,708
Apr 20183,12363.842.90$9,059
Mar 20183,00661.222.79$8,377
Feb 20183,70961.782.77$10,260
Jan 20184,15562.874.01$16,659
Dec 20173,95357.272.92$11,549
Nov 20173,16255.423.12$9,860
Oct 20173,34049.292.98$9,965
Sep 20173,84347.523.09$11,864
Aug 20174,31145.373.00$12,952
Jul 20172,13643.873.09$6,594
Jun 20173,95542.493.09$12,210
May 20173,14345.373.26$10,257
Apr 20172,12647.933.21$6,828
Mar 20173,61246.772.98$10,777
Feb 20173,33150.452.95$9,835
Jan 20173,72549.413.42$12,735
Dec 20163,42648.763.72$12,754
Nov 20161,77942.492.64$4,704
Oct 20161,77446.193.09$5,482
Sep 20163,00641.553.10$9,320
Aug 20163,98941.442.92$11,665
Jul 20163,16941.622.92$9,267
Jun 20165,29445.352.69$14,219
May 20165,25642.521.99$10,465
Apr 20165,36336.561.99$10,678
Mar 20165,69933.011.79$10,224
Feb 20165,43526.472.06$11,216
Jan 20165,93927.352.36$14,042
Dec 20155,95032.362.00$11,908
Nov 20155,42538.792.17$11,758
Oct 20156,14843.552.43$14,919
Sep 20155,86242.992.76$16,170
Aug 20155,67140.162.87$16,290
Jul 20155,30448.152.95$15,621
Jun 20155,82256.152.88$16,784
May 20155,77455.212.96$17,065
Apr 20155,11549.822.71$13,844
Mar 20154,95042.892.93$14,527
Feb 20155,42244.662.98$16,137
Jan 20155,83043.433.10$18,077
Dec 20145,63254.693.59$20,227
Nov 20143,52770.464.25$14,996
Oct 20145,76078.303.90$22,470
Sep 20145,67986.164.05$22,974
Aug 20145,93389.394.04$23,940
Jul 20146,28496.564.18$26,265
Jun 20146,13698.164.74$29,066
May 20147,00394.734.73$33,100
Apr 20146,97195.944.81$33,524
Mar 20147,32595.895.06$37,041
Feb 20146,79297.406.19$42,056
Jan 20146,89790.404.86$33,524
Dec 20134,23791.824.35$18,450
Nov 20134,11888.853.74$15,394
Oct 20134,38797.423.78$16,580
Sep 20134,351104.113.72$16,176
Aug 20134,690104.253.52$16,521
Jul 20134,755102.523.72$17,678
Jun 20136,17194.403.93$24,273
May 20135,20894.834.15$21,608
Apr 20136,10293.964.28$26,132
Mar 20136,73893.623.91$26,365
Feb 20135,63391.233.42$19,264
Jan 20136,97991.603.42$23,868
Dec 20127,03286.773.42$24,051
Nov 20126,86786.953.62$24,893
Oct 20126,52589.383.40$22,183
Sep 20126,06394.672.92$17,694
Aug 20126,18892.662.91$17,996
Jul 20125,97185.133.02$18,037
Jun 20126,45079.822.52$16,248
May 20128,19391.612.49$20,387
Apr 20128,245101.652.00$16,464
Mar 20128,985105.052.22$19,965
Feb 20128,172101.102.57$21,004
Jan 20129,92598.092.73$27,136
Dec 20118,92796.873.24$28,921
Nov 20118,76295.723.31$29,013
Oct 20118,74384.983.65$31,899
Sep 20119,59683.623.99$38,248
Aug 201110,37983.404.15$43,066
Jul 201110,53094.144.52$47,567
Jun 201111,01292.904.64$51,094
May 201110,25598.134.40$45,171
Apr 20119,518105.964.33$41,244
Mar 20119,11496.364.06$36,979
Feb 20117,04885.644.18$29,461
Jan 20117,45986.504.59$34,228
Dec 20109,02085.734.35$39,217
Nov 201010,82980.843.80$41,100
Oct 201011,43978.103.51$40,138
Sep 201010,09072.633.98$40,153
Aug 20108,83073.684.42$39,023
Jul 201011,34372.554.74$53,726
Jun 20103,74470.364.91$18,385
May 20106,23371.124.24$26,398
Apr 20101,60681.694.12$6,621
Mar 20103,49078.394.39$15,316
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 200953871.445.48$2,950
Nov 200913,04774.593.75$48,946
Oct 200912,67072.544.11$52,077
Sep 200913,46965.543.06$41,279
Aug 20099,78167.423.22$31,480
Jul 200912,83361.133.46$44,460
Jun 20098,48166.163.90$33,034
May 200919,12554.743.93$75,080
Apr 200917,95546.773.59$64,414
Mar 200917,64942.144.06$71,637
Feb 200915,40332.814.63$71,362
Jan 200917,46735.865.37$93,815
Dec 200817,70237.105.98$105,807
Nov 200817,03555.496.86$116,866
Oct 200816,53775.246.92$114,469
Sep 200814,993101.767.88$118,101
Aug 200813,508114.228.48$114,589
Jul 200823,044131.0811.39$262,458
Jun 200817,201131.3313.03$224,174
May 200831,123123.1711.57$360,227
Apr 200829,151110.3110.45$304,770
Mar 200831,419101.909.66$303,635
Feb 200830,86292.538.77$270,678
Jan 200831,45390.388.21$258,095
Dec 200720,28888.337.30$148,142
Nov 200757,19591.677.29$417,049
Oct 200770,48282.856.92$487,875
Sep 200781,71475.846.24$510,235
Aug 200729,31069.066.39$187,231

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.

Sep 2021 — as filed, then multipliedworked
Gas                  612 Mcf  × $  5.35 =     $3,275

────────────────────────────────────────────────────
Month total                                   $3,275

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/232862 is the state's own key, not one this site invented.