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 232866District 09Field 65280200GasSaveExport
Value, all time
$5.0 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
GasProduction900,335 Mcf$4,963,547
Total$4,963,547

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 20224491.054.86$214
Jan 20222,01281.844.54$9,130
Dec 20211,77871.323.90$6,933
Nov 20211,28177.435.24$6,708
Oct 202167179.795.71$3,834
Sep 20213,16369.865.35$16,925
Aug 202176166.024.22$3,212
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 201974756.272.46$1,838
Jun 20191,65052.782.49$4,110
May 20191,56958.482.74$4,300
Apr 20191,68462.632.75$4,632
Mar 20191,81956.803.06$5,570
Feb 20191,69450.852.79$4,730
Jan 20191,98746.033.23$6,414
Dec 20181,83446.594.19$7,676
Nov 20181,51152.934.24$6,402
Oct 20181,64761.443.40$5,597
Sep 20181,75659.543.11$5,458
Aug 20181,85159.403.07$5,676
Jul 20181,83965.142.93$5,392
Jun 20181,61360.183.08$4,963
May 20181,90165.382.90$5,514
Apr 20181,27963.842.90$3,710
Mar 20181,11461.222.79$3,105
Feb 201896361.782.77$2,664
Jan 201816762.874.01$670
Dec 201714857.272.92$432
Nov 201723355.423.12$727
Oct 20171,10549.292.98$3,297
Sep 20171,50347.523.09$4,640
Aug 20173,21145.373.00$9,647
Jul 20173,41243.873.09$10,534
Jun 20173,36242.493.09$10,379
May 20173,41845.373.26$11,154
Apr 20173,51547.933.21$11,289
Mar 20173,70846.772.98$11,063
Feb 20173,43650.452.95$10,145
Jan 20173,80749.413.42$13,015
Dec 20163,75248.763.72$13,968
Nov 20163,89642.492.64$10,302
Oct 20164,07846.193.09$12,602
Sep 20163,89541.553.10$12,077
Aug 20164,15241.442.92$12,142
Jul 20163,67141.622.92$10,735
Jun 20163,22945.352.69$8,673
May 20163,70042.521.99$7,367
Apr 20163,81936.561.99$7,604
Mar 20164,05633.011.79$7,277
Feb 20163,93526.472.06$8,120
Jan 20164,29427.352.36$10,153
Dec 20153,90932.362.00$7,824
Nov 20153,85538.792.17$8,355
Oct 20153,80643.552.43$9,236
Sep 20153,82642.992.76$10,554
Aug 20153,84840.162.87$11,053
Jul 20153,37948.152.95$9,951
Jun 20153,73756.152.88$10,773
May 20153,91355.212.96$11,565
Apr 20153,20649.822.71$8,677
Mar 20153,21942.892.93$9,447
Feb 20153,07944.662.98$9,164
Jan 20153,85343.433.10$11,947
Dec 20143,83654.693.59$13,776
Nov 20143,78870.464.25$16,106
Oct 20143,98878.303.90$15,557
Sep 20144,07986.164.05$16,501
Aug 20144,46089.394.04$17,997
Jul 20144,66996.564.18$19,515
Jun 20144,33898.164.74$20,549
May 20144,70294.734.73$22,224
Apr 20144,69395.944.81$22,569
Mar 20144,74895.895.06$24,010
Feb 20143,42997.406.19$21,232
Jan 20144,32690.404.86$21,027
Dec 20134,45591.824.35$19,399
Nov 20134,58088.853.74$17,121
Oct 20135,01897.423.78$18,965
Sep 20134,716104.113.72$17,533
Aug 20134,808104.253.52$16,937
Jul 20134,912102.523.72$18,262
Jun 20135,30894.403.93$20,879
May 20135,20194.834.15$21,579
Apr 20134,68293.964.28$20,051
Mar 20134,88893.623.91$19,126
Feb 20134,22991.233.42$14,463
Jan 20134,79991.603.42$16,412
Dec 20124,92886.773.42$16,855
Nov 20124,85886.953.62$17,610
Oct 20125,04389.383.40$17,145
Sep 20125,54594.672.92$16,183
Aug 20126,02192.662.91$17,510
Jul 20124,92685.133.02$14,880
Jun 20122,42679.822.52$6,111
May 20124,28691.612.49$10,665
Apr 20124,437101.652.00$8,860
Mar 20124,855105.052.22$10,788
Feb 20125,202101.102.57$13,370
Jan 20126,04698.092.73$16,530
Dec 20116,01596.873.24$19,487
Nov 20115,44495.723.31$18,027
Oct 20114,83984.983.65$17,655
Sep 20112,72683.623.99$10,865
Aug 20111,80783.404.15$7,498
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 20113,13298.134.40$13,796
Apr 20114,041105.964.33$17,511
Mar 20115,82396.364.06$23,626
Feb 20114,64985.644.18$19,433
Jan 20112,97186.504.59$13,633
Dec 20106,08185.734.35$26,439
Nov 20106,33580.843.80$24,043
Oct 20107,18778.103.51$25,218
Sep 20106,42372.633.98$25,560
Aug 20106,44473.684.42$28,478
Jul 20106,58172.554.74$31,171
Jun 20105,25370.364.91$25,794
May 20101,86471.124.24$7,894
Apr 2010081.694.12$0
Mar 20101,12978.394.39$4,955
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 200942471.445.48$2,325
Nov 20098,90274.593.75$33,396
Oct 20099,39672.544.11$38,620
Sep 20097,39765.543.06$22,670
Aug 20097,84967.423.22$25,262
Jul 20098,05461.133.46$27,903
Jun 20098,60666.163.90$33,520
May 20099,89854.743.93$38,857
Apr 200911,02946.773.59$39,567
Mar 200910,70742.144.06$43,460
Feb 200910,46432.814.63$48,480
Jan 200912,31435.865.37$66,138
Dec 200812,68237.105.98$75,802
Nov 200812,67955.496.86$86,983
Oct 200814,33375.246.92$99,213
Sep 200813,042101.767.88$102,733
Aug 200813,094114.228.48$111,077
Jul 200817,404131.0811.39$198,222
Jun 200814,063131.3313.03$183,278
May 200818,534123.1711.57$214,518
Apr 200820,011110.3110.45$209,212
Mar 200822,678101.909.66$219,162
Feb 200823,85192.538.77$209,187
Jan 200828,68490.388.21$235,373
Dec 200726,12488.337.30$190,757
Nov 200733,61791.677.29$245,125
Oct 200740,52482.856.92$280,506
Sep 200750,99575.846.24$318,421
Aug 200717,71169.066.39$113,137

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.

Feb 2022 — as filed, then multipliedworked
Gas                   44 Mcf  × $  4.86 =       $214

────────────────────────────────────────────────────
Month total                                     $214

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/232866 is the state's own key, not one this site invented.