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 237459District 09Field 65280200GasSaveExport
Value, all time
$7.5 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
GasProduction1,304,752 Mcf$7,504,261
Total$7,504,261

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 20231,43476.533.39$4,858
Dec 2022076.415.73$0
Nov 20221,44085.005.65$8,131
Oct 202295887.185.86$5,617
Sep 20221,52484.888.16$12,441
Aug 20221,56294.529.13$14,257
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 2022753109.378.43$6,350
Apr 2022819104.226.84$5,600
Mar 20221,824108.885.08$9,259
Feb 20222,50591.054.86$12,171
Jan 20223,79981.844.54$17,239
Dec 20211,93771.323.90$7,553
Nov 20211,45577.435.24$7,620
Oct 20211,91279.795.71$10,925
Sep 20212,81869.865.35$15,079
Aug 20212,69966.024.22$11,391
Jul 20212,52670.783.98$10,059
Jun 20212,10969.493.38$7,130
May 20213,02263.483.02$9,119
Apr 20212,82460.362.76$7,790
Mar 20213,08061.302.72$8,368
Feb 20212,05857.805.55$11,418
Jan 20212,96250.412.81$8,324
Dec 20201,61144.642.68$4,310
Nov 20201,82238.772.71$4,931
Oct 20201,23236.972.48$3,053
Sep 20202,39637.091.99$4,771
Aug 20202,18939.982.39$5,221
Jul 20203,18138.371.83$5,806
Jun 20204,35834.901.69$7,366
May 20202,29616.921.81$4,167
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 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
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 20161,84936.561.99$3,681
Mar 2016033.011.79$0
Feb 20164,34726.472.06$8,971
Jan 20166,03227.352.36$14,262
Dec 20155,69532.362.00$11,398
Nov 20155,83838.792.17$12,653
Oct 20158,63943.552.43$20,963
Sep 20157,54542.992.76$20,812
Aug 20155,31740.162.87$15,273
Jul 20155,18348.152.95$15,264
Jun 20155,06456.152.88$14,599
May 20153,81155.212.96$11,263
Apr 20154,05149.822.71$10,964
Mar 20155,07242.892.93$14,885
Feb 20154,39144.662.98$13,068
Jan 20154,42943.433.10$13,733
Dec 20145,50954.693.59$19,785
Nov 20146,22670.464.25$26,472
Oct 20145,27078.303.90$20,558
Sep 20145,99286.164.05$24,240
Aug 20146,29389.394.04$25,393
Jul 20146,68796.564.18$27,949
Jun 20145,92598.164.74$28,066
May 20144,57694.734.73$21,629
Apr 20144,04995.944.81$19,472
Mar 20144,29395.895.06$21,709
Feb 20144,19597.406.19$25,975
Jan 20144,55690.404.86$22,145
Dec 20134,64391.824.35$20,218
Nov 20135,07488.853.74$18,968
Oct 20133,36897.423.78$12,729
Sep 20134,028104.113.72$14,975
Aug 20133,764104.253.52$13,259
Jul 20133,474102.523.72$12,915
Jun 20134,32294.403.93$17,000
May 20137,33694.834.15$30,438
Apr 20137,87693.964.28$33,730
Mar 20138,30793.623.91$32,504
Feb 20136,21691.233.42$21,258
Jan 20134,49091.603.42$15,355
Dec 20125,15986.773.42$17,645
Nov 20126,50786.953.62$23,588
Oct 20127,46889.383.40$25,389
Sep 20127,73394.672.92$22,568
Aug 20127,70592.662.91$22,407
Jul 20128,44785.133.02$25,517
Jun 20129,27579.822.52$23,364
May 201210,05891.612.49$25,028
Apr 20128,975101.652.00$17,921
Mar 201210,593105.052.22$23,538
Feb 201212,209101.102.57$31,380
Jan 201210,59198.092.73$28,957
Dec 20119,87596.873.24$31,992
Nov 201110,28895.723.31$34,066
Oct 201110,61784.983.65$38,737
Sep 20118,77483.623.99$34,971
Aug 20119,94083.404.15$41,244
Jul 20118,64194.144.52$39,033
Jun 20113,70392.904.64$17,181
May 20117,66498.134.40$33,759
Apr 201113,007105.964.33$56,363
Mar 201112,80096.364.06$51,934
Feb 20119,98285.644.18$41,725
Jan 201110,93686.504.59$50,183
Dec 201014,02285.734.35$60,964
Nov 201077080.843.80$2,922
Oct 20103,12378.103.51$10,958
Sep 201013,13672.633.98$52,274
Aug 20108,10873.684.42$35,832
Jul 201010,57472.554.74$50,084
Jun 201015,16370.364.91$74,456
May 201017,97471.124.24$76,124
Apr 201018,95481.694.12$78,141
Mar 201023,36678.394.39$102,546
Feb 20109,78873.585.44$53,270
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200987174.593.75$3,268
Oct 200919,26572.544.11$79,184
Sep 200920,24265.543.06$62,037
Aug 200918,70167.423.22$60,189
Jul 200921,71961.133.46$75,245
Jun 200914,63666.163.90$57,007
May 200917,38254.743.93$68,237
Apr 200919,06746.773.59$68,403
Mar 200913,00742.144.06$52,795
Feb 200915,83332.814.63$73,354
Jan 200919,68635.865.37$105,734
Dec 200810,16237.105.98$60,740
Nov 200825,12755.496.86$172,380
Oct 200837,36075.246.92$258,605
Sep 200830,832101.767.88$242,866
Aug 200832,180114.228.48$272,984
Jul 200832,936131.0811.39$375,122
Jun 200833,004131.3313.03$430,129
May 200837,053123.1711.57$428,862
Apr 200840,201110.3110.45$420,296
Mar 200843,260101.909.66$418,068
Feb 200822,69392.538.77$199,031
Jan 200860,83990.388.21$499,228
Dec 200762,13288.337.30$453,686
Nov 200731,80291.677.29$231,891

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                1,434 Mcf  × $  3.39 =     $4,858

────────────────────────────────────────────────────
Month total                                   $4,858

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/237459 is the state's own key, not one this site invented.