TERRY

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 236466District 09Field 65280200GasSaveExport
Value, all time
$10.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
223
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
GasProduction2,161,550 Mcf$10,820,660
Total$10,820,660

Every month this lease reported (223)

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

223 months

May 20263,497106.413.05$10,651
Apr 20264,07498.932.87$11,691
Mar 20263,94789.753.15$12,431
Feb 20263,34163.503.75$12,530
Jan 20262,93759.138.00$23,490
Dec 20252,64756.664.41$11,682
Nov 20252,95358.593.93$11,595
Oct 20252,61859.383.30$8,652
Sep 20252,20862.743.08$6,794
Aug 20252,37263.933.01$7,151
Jul 20254,00466.743.32$13,274
Jun 20255,01866.483.13$15,700
May 20253,85360.553.23$12,454
Apr 20253,06162.363.54$10,845
Mar 20253,62167.704.27$15,456
Feb 20252,83170.884.34$12,289
Jan 20253,55674.324.28$15,215
Dec 20242,90568.993.12$9,068
Nov 20242,66669.052.20$5,861
Oct 20242,19871.372.28$5,015
Sep 20241,82269.612.36$4,308
Aug 20243,25675.632.06$6,719
Jul 20243,40179.932.15$7,301
Jun 20243,33578.082.63$8,784
May 20243,66978.812.20$8,066
Apr 20244,35884.451.66$7,231
Mar 20244,52880.301.55$6,996
Feb 20244,22576.091.78$7,536
Jan 20243,94773.023.30$13,016
Dec 20234,42071.262.61$11,539
Nov 20234,28577.892.81$12,030
Oct 20234,52185.443.09$13,958
Sep 20234,21089.042.74$11,515
Aug 20233,06080.522.67$8,179
Jul 20233,13474.852.64$8,279
Jun 20234,22968.962.26$9,551
May 20234,69570.622.23$10,458
Apr 20234,49778.122.24$10,063
Mar 20234,59472.852.39$10,994
Feb 20233,98175.112.47$9,816
Jan 20233,97176.533.39$13,453
Dec 20223,80676.415.73$21,805
Nov 20223,33985.005.65$18,853
Oct 20223,61987.185.86$21,221
Sep 20223,31084.888.16$27,022
Aug 20222,93994.529.13$26,825
Jul 20223,391101.587.54$25,575
Jun 20223,938115.097.98$31,414
May 20223,838109.378.43$32,366
Apr 20223,749104.226.84$25,634
Mar 20223,884108.885.08$19,717
Feb 20223,27291.054.86$15,898
Jan 202237581.844.54$1,702
Dec 20211,85371.323.90$7,225
Nov 20213,49377.435.24$18,292
Oct 20213,46179.795.71$19,776
Sep 20212,23269.865.35$11,943
Aug 20211,00166.024.22$4,225
Jul 20211,89070.783.98$7,526
Jun 20213,42969.493.38$11,592
May 202186163.483.02$2,598
Apr 20211,42660.362.76$3,934
Mar 20213,95361.302.72$10,740
Feb 20212,29757.805.55$12,744
Jan 20213,46050.412.81$9,724
Dec 20204,12944.642.68$11,047
Nov 20203,53238.772.71$9,560
Oct 20204,02836.972.48$9,983
Sep 20204,70037.091.99$9,358
Aug 20205,50339.982.39$13,125
Jul 20205,46038.371.83$9,965
Jun 20203,67734.901.69$6,215
May 20202,97116.921.81$5,392
Apr 20204,45814.751.80$8,044
Mar 20202,80930.341.86$5,214
Feb 20205,43649.881.98$10,767
Jan 20205,65757.252.09$11,850
Dec 20196,62959.012.30$15,276
Nov 20196,68755.302.75$18,394
Oct 20197,26453.472.42$17,568
Sep 20197,30955.052.66$19,422
Aug 20197,89153.112.30$18,184
Jul 20197,44456.272.46$18,313
Jun 20196,95452.782.49$17,324
May 20195,00558.482.74$13,715
Apr 20196,86262.632.75$18,875
Mar 20197,12056.803.06$21,802
Feb 20196,47350.852.79$18,074
Jan 20197,73046.033.23$24,954
Dec 20187,65146.594.19$32,023
Nov 20187,62452.934.24$32,305
Oct 20187,71661.443.40$26,220
Sep 20187,68959.543.11$23,897
Aug 20187,78359.403.07$23,867
Jul 20187,65665.142.93$22,446
Jun 20187,35360.183.08$22,625
May 20187,75565.382.90$22,496
Apr 20187,48663.842.90$21,715
Mar 20187,72461.222.79$21,526
Feb 20186,18561.782.77$17,108
Jan 20187,49562.874.01$30,050
Dec 20177,97957.272.92$23,311
Nov 20177,46355.423.12$23,272
Oct 20177,79749.292.98$23,264
Sep 20177,51147.523.09$23,189
Aug 20177,99645.373.00$24,023
Jul 20178,15143.873.09$25,164
Jun 20177,75442.493.09$23,939
May 20178,09745.373.26$26,424
Apr 20178,15547.933.21$26,191
Mar 20178,81746.772.98$26,307
Feb 20177,84850.452.95$23,172
Jan 20178,99849.413.42$30,762
Dec 20169,24548.763.72$34,418
Nov 20166,92542.492.64$18,312
Oct 20168,98346.193.09$27,760
Sep 20169,47041.553.10$29,363
Aug 20169,70941.442.92$28,392
Jul 20169,84041.622.92$28,776
Jun 201610,02945.352.69$26,936
May 201610,75042.521.99$21,404
Apr 20168,91436.561.99$17,748
Mar 20169,43033.011.79$16,918
Feb 20167,62926.472.06$15,743
Jan 20167,19727.352.36$17,016
Dec 20157,76532.362.00$15,541
Nov 20157,55638.792.17$16,376
Oct 20151,00743.552.43$2,444
Sep 20154,88642.992.76$13,478
Aug 20157,10040.162.87$20,395
Jul 20158,15648.152.95$24,020
Jun 20155,78656.152.88$16,680
May 20157,57055.212.96$22,373
Apr 20157,54949.822.71$20,432
Mar 20157,31242.892.93$21,459
Feb 20157,07744.662.98$21,063
Jan 20158,02343.433.10$24,876
Dec 20146,37054.693.59$22,877
Nov 20143,10270.464.25$13,189
Oct 20145,54978.303.90$21,646
Sep 20148,21086.164.05$33,213
Aug 201410,73989.394.04$43,333
Jul 201411,09396.564.18$46,364
Jun 20146,72198.164.74$31,837
May 201411,81594.734.73$55,844
Apr 201411,78995.944.81$56,695
Mar 201411,43095.895.06$57,799
Feb 201410,76397.406.19$66,645
Jan 201412,05190.404.86$58,577
Dec 201312,65891.824.35$55,119
Nov 201312,15788.853.74$45,446
Oct 201314,01497.423.78$52,964
Sep 20139,075104.113.72$33,738
Aug 201312,705104.253.52$44,755
Jul 201311,521102.523.72$42,832
Jun 20139,39994.403.93$36,970
May 201312,83994.834.15$53,270
Apr 201312,69793.964.28$54,376
Mar 201313,88693.623.91$54,334
Feb 20139,75791.233.42$33,368
Jan 201312,62391.603.42$43,170
Dec 201210,43386.773.42$35,683
Nov 20129,09986.953.62$32,984
Oct 20129,61989.383.40$32,702
Sep 201210,62394.672.92$31,002
Aug 201211,30492.662.91$32,874
Jul 201211,25785.133.02$34,005
Jun 201210,48279.822.52$26,405
May 201211,60191.612.49$28,867
Apr 201214,063101.652.00$28,081
Mar 201211,238105.052.22$24,972
Feb 201210,572101.102.57$27,173
Jan 201212,23098.092.73$33,438
Dec 201111,88196.873.24$38,491
Nov 201111,50695.723.31$38,100
Oct 201111,92784.983.65$43,516
Sep 201112,09983.623.99$48,224
Aug 201112,06783.404.15$50,070
Jul 201111,38094.144.52$51,406
Jun 201113,06492.904.64$60,615
May 201112,39998.134.40$54,615
Apr 20115,878105.964.33$25,471
Mar 20112,52496.364.06$10,241
Feb 201111,67585.644.18$48,801
Jan 201113,04986.504.59$59,879
Dec 201012,64485.734.35$54,973
Nov 2010080.843.80$0
Oct 20104,00278.103.51$14,043
Sep 201013,41272.633.98$53,373
Aug 201013,98673.684.42$61,809
Jul 201022,13672.554.74$104,847
Jun 201016,65970.364.91$81,802
May 201022,81671.124.24$96,631
Apr 201022,08881.694.12$91,062
Mar 201029,95378.394.39$131,454
Feb 201013,27973.585.44$72,269
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200969774.593.75$2,615
Oct 200918,56172.544.11$76,290
Sep 200917,47565.543.06$53,557
Aug 200916,98767.423.22$54,673
Jul 200910,20961.133.46$35,369
Jun 200910,14966.163.90$39,530
May 200913,64454.743.93$53,563
Apr 200920,29946.773.59$72,823
Mar 200913,45242.144.06$54,602
Feb 200917,99032.814.63$83,348
Jan 200927,10635.865.37$145,586
Dec 200817,77837.105.98$106,262
Nov 200830,41755.496.86$208,672
Oct 200834,17675.246.92$236,566
Sep 200834,272101.767.88$269,964
Aug 200836,564114.228.48$310,173
Jul 200835,137131.0811.39$400,190
Jun 200836,164131.3313.03$471,312
May 200840,784123.1711.57$472,046
Apr 200844,633110.3110.45$466,632
Mar 200854,121101.909.66$523,029
Feb 200836,39492.538.77$319,196
Jan 200866,98190.388.21$549,628
Dec 200779,34188.337.30$579,346
Nov 200736,73191.677.29$267,831

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                3,497 Mcf  × $  3.05 =    $10,651

────────────────────────────────────────────────────
Month total                                  $10,651

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/236466 is the state's own key, not one this site invented.