CARTER-STATE UNIT

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 236480District 09Field 65280200GasSaveExport
Value, all time
$15.6 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
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
GasProduction3,117,086 Mcf$15,634,028
Total$15,634,028

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 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 20231,38576.533.39$4,692
Dec 20227,96176.415.73$45,609
Nov 20229,13685.005.65$51,584
Oct 20228,50887.185.86$49,889
Sep 202219384.888.16$1,576
Aug 202213,65394.529.13$124,613
Jul 20225,912101.587.54$44,589
Jun 202211,925115.097.98$95,128
May 202213,380109.378.43$112,834
Apr 202211,149104.226.84$76,232
Mar 202210,397108.885.08$52,779
Feb 202211,18791.054.86$54,356
Jan 202211,42181.844.54$51,825
Dec 202110,17071.323.90$39,654
Nov 202113,68877.435.24$71,682
Oct 202116,26479.795.71$92,930
Sep 202111,42269.865.35$61,118
Aug 202112,05466.024.22$50,875
Jul 202113,20470.783.98$52,579
Jun 202111,65969.493.38$39,415
May 202111,91763.483.02$35,962
Apr 202111,58460.362.76$31,954
Mar 202112,30661.302.72$33,435
Feb 202110,42457.805.55$57,832
Jan 202112,86650.412.81$36,157
Dec 202012,61244.642.68$33,743
Nov 202012,51038.772.71$33,859
Oct 202012,48636.972.48$30,946
Sep 202013,72637.091.99$27,329
Aug 20209,55939.982.39$22,799
Jul 202015,63338.371.83$28,532
Jun 20203,99334.901.69$6,749
May 20203316.921.81$60
Apr 20205,51014.751.80$9,942
Mar 20204,40130.341.86$8,169
Feb 20205,74449.881.98$11,377
Jan 20205,92557.252.09$12,411
Dec 20196,72759.012.30$15,501
Nov 20197,15855.302.75$19,690
Oct 20198,59953.472.42$20,797
Sep 20198,90055.052.66$23,650
Aug 20198,39053.112.30$19,334
Jul 20195,98156.272.46$14,714
Jun 20197,48652.782.49$18,649
May 20196,95858.482.74$19,067
Apr 20196,78162.632.75$18,653
Mar 20196,45956.803.06$19,778
Feb 20195,93450.852.79$16,569
Jan 20196,78946.033.23$21,916
Dec 20186,65446.594.19$27,850
Nov 20186,29452.934.24$26,669
Oct 20186,12061.443.40$20,796
Sep 20185,98059.543.11$18,586
Aug 20185,74759.403.07$17,624
Jul 20187,26565.142.93$21,300
Jun 20182,90460.183.08$8,935
May 201812365.382.90$357
Apr 20187,63063.842.90$22,133
Mar 20188,03361.222.79$22,387
Feb 20187,52861.782.77$20,823
Jan 20188,02862.874.01$32,187
Dec 20178,27157.272.92$24,164
Nov 20176,68355.423.12$20,840
Oct 20179,03949.292.98$26,969
Sep 20178,77847.523.09$27,100
Aug 20179,41845.373.00$28,295
Jul 20179,39643.873.09$29,008
Jun 20178,91242.493.09$27,514
May 20179,22445.373.26$30,102
Apr 20179,09847.933.21$29,219
Mar 20179,38046.772.98$27,987
Feb 20178,44150.452.95$24,923
Jan 20179,11049.413.42$31,145
Dec 20168,99948.763.72$33,502
Nov 20169,98642.492.64$26,406
Oct 201610,33446.193.09$31,935
Sep 201610,95741.553.10$33,974
Aug 201611,26541.442.92$32,943
Jul 201611,17141.622.92$32,668
Jun 201610,67145.352.69$28,660
May 201611,60542.521.99$23,106
Apr 201612,52836.561.99$24,944
Mar 201613,69033.011.79$24,560
Feb 201614,29426.472.06$29,498
Jan 201614,49627.352.36$34,274
Dec 201511,77532.362.00$23,567
Nov 201511,55038.792.17$25,033
Oct 201511,51943.552.43$27,952
Sep 201511,57542.992.76$31,929
Aug 201512,22440.162.87$35,113
Jul 201512,71348.152.95$37,441
Jun 201512,63856.152.88$36,434
May 201513,11155.212.96$38,749
Apr 201512,19149.822.71$32,996
Mar 201512,79542.892.93$37,550
Feb 201512,05344.662.98$35,872
Jan 201513,43443.433.10$41,654
Dec 201413,63254.693.59$48,957
Nov 201412,77970.464.25$54,334
Oct 201413,63078.303.90$53,170
Sep 201412,89486.164.05$52,162
Aug 201413,40089.394.04$54,071
Jul 201413,57296.564.18$56,726
Jun 201410,41698.164.74$49,339
May 201412,82694.734.73$60,623
Apr 201414,13595.944.81$67,977
Mar 201414,55795.895.06$73,612
Feb 201413,52497.406.19$83,741
Jan 201414,91890.404.86$72,512
Dec 201314,70191.824.35$64,015
Nov 201314,25588.853.74$53,289
Oct 201315,31297.423.78$57,870
Sep 201314,277104.113.72$53,078
Aug 201314,965104.253.52$52,716
Jul 201315,317102.523.72$56,945
Jun 201315,07794.403.93$59,304
May 201315,72494.834.15$65,240
Apr 201314,86993.964.28$63,678
Mar 201316,10693.623.91$63,021
Feb 201314,84291.233.42$50,758
Jan 201316,64091.603.42$56,907
Dec 201216,82086.773.42$57,527
Nov 201217,17686.953.62$62,262
Oct 201217,37589.383.40$59,069
Sep 201216,53294.672.92$48,247
Aug 201217,64792.662.91$51,320
Jul 201219,35685.133.02$58,471
Jun 201218,06079.822.52$45,494
May 201219,15091.612.49$47,651
Apr 201219,201101.652.00$38,341
Mar 201220,190105.052.22$44,864
Feb 201220,067101.102.57$51,577
Jan 201221,62098.092.73$59,111
Dec 201121,00596.873.24$68,051
Nov 20118,70195.723.31$28,811
Oct 201121,66384.983.65$79,038
Sep 201123,39283.623.99$93,236
Aug 201127,79683.404.15$115,335
Jul 20113,77194.144.52$17,035
Jun 20119,10992.904.64$42,265
May 201112,18798.134.40$53,682
Apr 201122,120105.964.33$95,852
Mar 201119,14696.364.06$77,682
Feb 201121,37685.644.18$89,351
Jan 201111,76186.504.59$53,969
Dec 201018,06585.734.35$78,542
Nov 201021,64280.843.80$82,139
Oct 201017,68578.103.51$62,055
Sep 20109,09572.633.98$36,193
Aug 201024,27373.684.42$107,271
Jul 201022,65472.554.74$107,300
Jun 201024,16870.364.91$118,675
May 201028,53771.124.24$120,860
Apr 201027,56681.694.12$113,646
Mar 201028,98478.394.39$127,201
Feb 201027,46073.585.44$149,447
Jan 201025,59574.365.96$152,651
Dec 200939,81171.445.48$218,314
Nov 200929,50974.593.75$110,703
Oct 200921,48972.544.11$88,325
Sep 200930,47965.543.06$93,411
Aug 200931,97767.423.22$102,918
Jul 200932,13761.133.46$111,339
Jun 200933,22766.163.90$129,419
May 200935,91554.743.93$140,993
Apr 200935,37546.773.59$126,908
Mar 200938,27642.144.06$155,362
Feb 200936,24532.814.63$167,923
Jan 200941,13135.865.37$220,915
Dec 200842,23837.105.98$252,462
Nov 200842,25455.496.86$289,878
Oct 200843,32575.246.92$299,895
Sep 200844,108101.767.88$347,443
Aug 200847,498114.228.48$402,926
Jul 200849,264131.0811.39$561,089
Jun 200849,957131.3313.03$651,071
May 200856,360123.1711.57$652,327
Apr 200857,981110.3110.45$606,183
Mar 200863,997101.909.66$618,471
Feb 200866,89592.538.77$586,708
Jan 200874,39890.388.21$610,490
Dec 200766,50788.337.30$485,632
Nov 200745,73191.677.29$333,457

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.

Jan 2023 — as filed, then multipliedworked
Gas                1,385 Mcf  × $  3.39 =     $4,692

────────────────────────────────────────────────────
Month total                                   $4,692

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/236480 is the state's own key, not one this site invented.