PANCHASARP

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 233936District 09Field 65280200GasSaveExport
Value, all time
$12.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$216 k
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
GasProduction2,421,699 Mcf$12,884,932
Total$12,884,932

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 20263,772106.413.05$11,489
Apr 20261,74298.932.87$4,999
Mar 20263,67789.753.15$11,580
Feb 20263,42063.503.75$12,826
Jan 20263,78159.138.00$30,240
Dec 20255,08056.664.41$22,420
Nov 20256,52058.593.93$25,600
Oct 20256,86759.383.30$22,694
Sep 20256,75762.743.08$20,791
Aug 20256,91163.933.01$20,835
Jul 20254,68566.743.32$15,532
Jun 20255,35666.483.13$16,757
May 20256,85560.553.23$22,158
Apr 20256,23862.363.54$22,102
Mar 20257,01767.704.27$29,951
Feb 20256,17370.884.34$26,796
Jan 20257,63974.324.28$32,685
Dec 20246,46268.993.12$20,170
Nov 20247,57969.052.20$16,662
Oct 20247,45971.372.28$17,017
Sep 20245,66369.612.36$13,389
Aug 20246,79675.632.06$14,024
Jul 20246,79079.932.15$14,575
Jun 20247,35578.082.63$19,373
May 20247,15378.812.20$15,725
Apr 20246,82784.451.66$11,327
Mar 20244,11380.301.55$6,355
Feb 20244,98076.091.78$8,883
Jan 20244,61173.023.30$15,206
Dec 20234,16571.262.61$10,874
Nov 20235,71677.892.81$16,048
Oct 20236,01185.443.09$18,558
Sep 20235,96789.042.74$16,320
Aug 20236,14380.522.67$16,420
Jul 20235,91174.852.64$15,616
Jun 20235,98968.962.26$13,526
May 20237,08370.622.23$15,777
Apr 20235,87978.122.24$13,156
Mar 20234,81572.852.39$11,523
Feb 20233,42175.112.47$8,435
Jan 20234,23476.533.39$14,344
Dec 20224,38176.415.73$25,099
Nov 20222,74885.005.65$15,516
Oct 20221,77587.185.86$10,408
Sep 202285784.888.16$6,996
Aug 20221,90594.529.13$17,387
Jul 20221,029101.587.54$7,761
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20224,304104.226.84$29,429
Mar 20224,783108.885.08$24,280
Feb 20222,53191.054.86$12,298
Jan 2022081.844.54$0
Dec 20214,27271.323.90$16,657
Nov 202191977.435.24$4,813
Oct 20213,97879.795.71$22,730
Sep 20215,61769.865.35$30,056
Aug 20216,19266.024.22$26,134
Jul 20216,15670.783.98$24,514
Jun 20212,24669.493.38$7,593
May 20212,74463.483.02$8,280
Apr 20216,80060.362.76$18,757
Mar 20216,07061.302.72$16,492
Feb 20213,82257.805.55$21,204
Jan 20217,43950.412.81$20,906
Dec 20207,16944.642.68$19,180
Nov 20207,12638.772.71$19,287
Oct 20207,85036.972.48$19,456
Sep 20206,74937.091.99$13,438
Aug 20207,98039.982.39$19,033
Jul 20208,34738.371.83$15,234
Jun 20208,09934.901.69$13,690
May 20208,29516.921.81$15,053
Apr 20206,98614.751.80$12,605
Mar 20205,60130.341.86$10,397
Feb 20206,78549.881.98$13,439
Jan 20207,24657.252.09$15,178
Dec 20196,60059.012.30$15,209
Nov 20197,57455.302.75$20,834
Oct 20198,57353.472.42$20,734
Sep 20198,67555.052.66$23,052
Aug 20199,69853.112.30$22,348
Jul 201910,55656.272.46$25,968
Jun 20196,58252.782.49$16,397
May 20197,67358.482.74$21,026
Apr 20198,85662.632.75$24,360
Mar 20192,00256.803.06$6,130
Feb 20195,92250.852.79$16,536
Jan 20194,49146.033.23$14,498
Dec 20189,12346.594.19$38,184
Nov 20189,21952.934.24$39,063
Oct 20188,16261.443.40$27,735
Sep 20188,46059.543.11$26,294
Aug 20186,19559.403.07$18,997
Jul 20185,93165.142.93$17,389
Jun 20188,16460.183.08$25,120
May 20188,66865.382.90$25,144
Apr 20188,82363.842.90$25,594
Mar 20186,06761.222.79$16,908
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 201566338.792.17$1,437
Oct 20151,34443.552.43$3,261
Sep 20152,31842.992.76$6,394
Aug 20151,91240.162.87$5,492
Jul 201564948.152.95$1,911
Jun 2015056.152.88$0
May 20154,56355.212.96$13,486
Apr 20159,19649.822.71$24,890
Mar 201512,79142.892.93$37,538
Feb 201511,52544.662.98$34,301
Jan 201512,46743.433.10$38,656
Dec 201412,53454.693.59$45,014
Nov 201412,56470.464.25$53,420
Oct 201414,02078.303.90$54,691
Sep 201413,58686.164.05$54,961
Aug 201413,68289.394.04$55,209
Jul 201415,33996.564.18$64,111
Jun 20146,68098.164.74$31,642
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 20139,52194.403.93$37,450
May 20139,40994.834.15$39,039
Apr 2013093.964.28$0
Mar 20135293.623.91$203
Feb 20133,54891.233.42$12,134
Jan 20139,61191.603.42$32,869
Dec 20129,64886.773.42$32,998
Nov 20129,68286.953.62$35,097
Oct 201210,93389.383.40$37,169
Sep 201211,57994.672.92$33,792
Aug 201212,42992.662.91$36,146
Jul 201251185.133.02$1,544
Jun 20123,65479.822.52$9,205
May 20125,44591.612.49$13,549
Apr 20120101.652.00$0
Mar 20126,182105.052.22$13,737
Feb 201214,862101.102.57$38,199
Jan 201217,86698.092.73$48,847
Dec 201118,62496.873.24$60,337
Nov 201118,06395.723.31$59,812
Oct 201117,99884.983.65$65,666
Sep 201117,05683.623.99$67,982
Aug 20118,79383.404.15$36,485
Jul 201116,47494.144.52$74,417
Jun 201119,80792.904.64$91,902
May 201120,24698.134.40$89,180
Apr 201121,050105.964.33$91,216
Mar 201115,67596.364.06$63,599
Feb 201120,05085.644.18$83,809
Jan 201122,20786.504.59$101,903
Dec 201019,52085.734.35$84,868
Nov 201020,49580.843.80$77,785
Oct 201020,92678.103.51$73,427
Sep 201019,78972.633.98$78,750
Aug 201018,19773.684.42$80,419
Jul 201020,21372.554.74$95,739
Jun 201018,95770.364.91$93,086
May 201019,95971.124.24$84,531
Apr 201017,37081.694.12$71,611
Mar 201024,57578.394.39$107,852
Feb 201020,27173.585.44$110,322
Jan 201024,10874.365.96$143,782
Dec 200924,27771.445.48$133,129
Nov 200922,23274.593.75$83,403
Oct 200916,57272.544.11$68,115
Sep 200918,31965.543.06$56,143
Aug 20095,19367.423.22$16,714
Jul 2009061.133.46$0
Jun 20097,44666.163.90$29,002
May 200920,97554.743.93$82,343
Apr 200922,95046.773.59$82,333
Mar 200920,35442.144.06$82,617
Feb 200914,89332.814.63$68,999
Jan 200928,73035.865.37$154,309
Dec 200830,71637.105.98$183,594
Nov 200830,72455.496.86$210,778
Oct 200831,93575.246.92$221,053
Sep 200829,360101.767.88$231,271
Aug 200822,902114.228.48$194,278
Jul 200826,163131.0811.39$297,982
Jun 200848,711131.3313.03$634,832
May 200844,302123.1711.57$512,764
Apr 200850,936110.3110.45$532,529
Mar 200853,463101.909.66$516,670
Feb 200846,09692.538.77$404,289
Jan 200839,74090.388.21$326,096
Dec 200784,75688.337.30$618,886
Nov 200774,12291.677.29$540,475
Oct 2007101,87782.856.92$705,191
Sep 2007102,52775.846.24$640,195
Aug 200791,81369.066.39$586,496

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                3,772 Mcf  × $  3.05 =    $11,489

────────────────────────────────────────────────────
Month total                                  $11,489

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/233936 is the state's own key, not one this site invented.