WALLS TRUST

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 236483District 09Field 65280200GasSaveExport
Value, all time
$8.4 M
Oct 2007 – May 2026
Value, last 12 filed months
$227 k
at the published price for each month
Months reported
224
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
GasProduction1,957,165 Mcf$8,432,302
Total$8,432,302

Every month this lease reported (224)

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

224 months

May 20265,519106.413.05$16,810
Apr 20264,68498.932.87$13,442
Mar 20265,27989.753.15$16,626
Feb 20264,49663.503.75$16,861
Jan 20265,35359.138.00$42,813
Dec 20255,11156.664.41$22,557
Nov 20255,02058.593.93$19,711
Oct 20254,84059.383.30$15,995
Sep 20254,74862.743.08$14,609
Aug 20255,02263.933.01$15,140
Jul 20255,01866.743.32$16,636
Jun 20255,04366.483.13$15,778
May 20255,40560.553.23$17,471
Apr 20255,17362.363.54$18,329
Mar 20255,38467.704.27$22,981
Feb 20254,69770.884.34$20,389
Jan 20255,31374.324.28$22,733
Dec 20245,42868.993.12$16,943
Nov 20245,22669.052.20$11,489
Oct 20244,81571.372.28$10,985
Sep 20244,49469.612.36$10,625
Aug 20244,86775.632.06$10,044
Jul 20245,55479.932.15$11,922
Jun 20245,61278.082.63$14,782
May 20245,14878.812.20$11,318
Apr 20245,22084.451.66$8,661
Mar 20245,12980.301.55$7,925
Feb 20245,12376.091.78$9,138
Jan 20245,12273.023.30$16,891
Dec 20234,61671.262.61$12,051
Nov 20234,38077.892.81$12,297
Oct 20234,74185.443.09$14,637
Sep 20234,34489.042.74$11,881
Aug 20235,12780.522.67$13,704
Jul 20235,53374.852.64$14,617
Jun 20235,43068.962.26$12,264
May 20235,39370.622.23$12,012
Apr 20234,80178.122.24$10,743
Mar 20235,08472.852.39$12,167
Feb 20234,57075.112.47$11,268
Jan 20234,68076.533.39$15,855
Dec 20224,72976.415.73$27,093
Nov 20225,01385.005.65$28,304
Oct 20225,76887.185.86$33,822
Sep 20225,27084.888.16$43,023
Aug 20225,16994.529.13$47,178
Jul 20223,212101.587.54$24,225
Jun 20225,261115.097.98$41,968
May 20225,991109.378.43$50,522
Apr 20225,639104.226.84$38,557
Mar 20225,528108.885.08$28,062
Feb 20224,39891.054.86$21,369
Jan 20225,76881.844.54$26,173
Dec 20216,24371.323.90$24,342
Nov 20215,14477.435.24$26,938
Oct 202140279.795.71$2,297
Sep 202123769.865.35$1,268
Aug 20212,78366.024.22$11,746
Jul 20216,42870.783.98$25,597
Jun 20216,54969.493.38$22,140
May 20216,76963.483.02$20,427
Apr 20216,44860.362.76$17,786
Mar 20216,59961.302.72$17,929
Feb 20215,04157.805.55$27,967
Jan 20216,79750.412.81$19,101
Dec 20206,82844.642.68$18,268
Nov 20206,63938.772.71$17,969
Oct 20207,04736.972.48$17,466
Sep 20206,87337.091.99$13,684
Aug 20206,69939.982.39$15,978
Jul 20207,09438.371.83$12,947
Jun 20206,92934.901.69$11,712
May 20207,07516.921.81$12,839
Apr 20207,09414.751.80$12,800
Mar 20207,53030.341.86$13,977
Feb 20207,39049.881.98$14,637
Jan 20208,01857.252.09$16,796
Dec 20197,57659.012.30$17,458
Nov 20197,57755.302.75$20,842
Oct 20197,97453.472.42$19,285
Sep 20197,82855.052.66$20,801
Aug 20198,27953.112.30$19,078
Jul 20198,45056.272.46$20,788
Jun 20198,35852.782.49$20,821
May 20198,71958.482.74$23,893
Apr 20198,48862.632.75$23,348
Mar 20198,70456.803.06$26,653
Feb 20197,84450.852.79$21,902
Jan 20198,08246.033.23$26,090
Dec 20188,66146.594.19$36,250
Nov 20188,63452.934.24$36,584
Oct 20189,19261.443.40$31,235
Sep 20188,65459.543.11$26,897
Aug 20187,65059.403.07$23,459
Jul 20188,09465.142.93$23,731
Jun 20187,82160.183.08$24,065
May 20188,55665.382.90$24,819
Apr 20188,02463.842.90$23,276
Mar 20188,44561.222.79$23,535
Feb 20187,59161.782.77$20,998
Jan 20188,02062.874.01$32,155
Dec 20178,60957.272.92$25,151
Nov 20177,58055.423.12$23,637
Oct 20178,16749.292.98$24,368
Sep 20177,86547.523.09$24,281
Aug 20178,91945.373.00$26,796
Jul 20178,85443.873.09$27,335
Jun 20178,70342.493.09$26,869
May 20178,95145.373.26$29,211
Apr 20179,17947.933.21$29,479
Mar 20179,76746.772.98$29,142
Feb 20178,81550.452.95$26,027
Jan 20178,65049.413.42$29,573
Dec 20169,15648.763.72$34,086
Nov 20168,86942.492.64$23,453
Oct 20168,67946.193.09$26,820
Sep 20168,24441.553.10$25,562
Aug 20168,56641.442.92$25,050
Jul 20168,97341.622.92$26,240
Jun 20168,60445.352.69$23,109
May 20168,96742.521.99$17,854
Apr 20168,73236.561.99$17,386
Mar 20169,35933.011.79$16,790
Feb 20169,03126.472.06$18,637
Jan 20169,68727.352.36$22,904
Dec 20159,88232.362.00$19,778
Nov 20159,78938.792.17$21,216
Oct 201510,38243.552.43$25,193
Sep 201510,17742.992.76$28,072
Aug 201510,68940.162.87$30,704
Jul 201510,82048.152.95$31,866
Jun 201510,73856.152.88$30,956
May 201510,97955.212.96$32,448
Apr 201511,09749.822.71$30,035
Mar 201511,63842.892.93$34,154
Feb 20158,19644.662.98$24,393
Jan 2015543.433.10$16
Dec 20141,82554.693.59$6,554
Nov 20145,94870.464.25$25,290
Oct 20146,02778.303.90$23,511
Sep 20146,05486.164.05$24,491
Aug 20146,53189.394.04$26,353
Jul 20146,53596.564.18$27,314
Jun 20145,70998.164.74$27,043
May 20146,33494.734.73$29,938
Apr 20147,90895.944.81$38,031
Mar 20147,67495.895.06$38,806
Feb 20147,84497.406.19$48,570
Jan 20147,36690.404.86$35,804
Dec 20137,33991.824.35$31,958
Nov 20137,14288.853.74$26,699
Oct 20137,49297.423.78$28,315
Sep 20137,323104.113.72$27,225
Aug 20137,621104.253.52$26,846
Jul 20137,725102.523.72$28,720
Jun 20137,63394.403.93$30,024
May 20138,00194.834.15$33,197
Apr 20137,84193.964.28$33,580
Mar 20138,22793.623.91$32,191
Feb 20137,81391.233.42$26,720
Jan 20139,36691.603.42$32,031
Dec 201210,93386.773.42$37,393
Nov 201212,32086.953.62$44,660
Oct 201212,87689.383.40$43,774
Sep 201211,84594.672.92$34,568
Aug 201213,13692.662.91$38,202
Jul 201211,67885.133.02$35,277
Jun 20129,99679.822.52$25,180
May 201211,83291.612.49$29,442
Apr 201211,326101.652.00$22,616
Mar 201210,098105.052.22$22,439
Feb 20129,157101.102.57$23,536
Jan 20128,43198.092.73$23,051
Dec 20113,81496.873.24$12,356
Nov 20113,69695.723.31$12,238
Oct 20116,93484.983.65$25,299
Sep 20117,93383.623.99$31,619
Aug 20112,98183.404.15$12,369
Jul 201111,11394.144.52$50,200
Jun 201112,64992.904.64$58,690
May 201112,08498.134.40$53,228
Apr 201111,645105.964.33$50,461
Mar 201114,45096.364.06$58,629
Feb 20116,03085.644.18$25,205
Jan 201110,52986.504.59$48,315
Dec 201012,16885.734.35$52,903
Nov 201010,16180.843.80$38,564
Oct 20108,87178.103.51$31,127
Sep 201010,60572.633.98$42,202
Aug 20109,41473.684.42$41,604
Jul 201013,49572.554.74$63,919
Jun 201010,31970.364.91$50,670
May 20106,17271.124.24$26,140
Apr 20103,24881.694.12$13,391
Mar 20106,31878.394.39$27,728
Feb 20109,55573.585.44$52,002
Jan 201011,30474.365.96$67,418
Dec 200913,88871.445.48$76,158
Nov 200911,88674.593.75$44,590
Oct 200914,83872.544.11$60,988
Sep 200912,91665.543.06$39,584
Aug 200919,50467.423.22$62,774
Jul 200913,42161.133.46$46,497
Jun 200912,63266.163.90$49,202
May 200914,15454.743.93$55,565
Apr 200915,45346.773.59$55,438
Mar 200915,65242.144.06$63,531
Feb 20096,51632.814.63$30,189
Jan 200917,00335.865.37$91,323
Dec 200820,54137.105.98$122,776
Nov 200819,54555.496.86$134,086
Oct 20084,41075.246.92$30,526
Sep 20083,865101.767.88$30,445
Aug 200817,437114.228.48$147,918
Jul 200815,927131.0811.39$181,399
Jun 20089,179131.3313.03$119,627
May 200818,116123.1711.57$209,680
Apr 200820,155110.3110.45$210,718
Mar 200824,055101.909.66$232,469
Feb 200825,83392.538.77$226,570
Jan 200829,43290.388.21$241,511
Dec 200734,94188.337.30$255,138
Nov 200739,68191.677.29$289,342
Oct 200752,30882.856.92$362,075

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                5,519 Mcf  × $  3.05 =    $16,810

────────────────────────────────────────────────────
Month total                                  $16,810

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/236483 is the state's own key, not one this site invented.