ABILENE CHRISTIAN UNIVERSITY UT

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 237524District 09Field 65280200GasSaveExport
Value, all time
$3.7 M
Oct 2007 – Jul 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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
GasProduction730,755 Mcf$3,656,681
Total$3,656,681

Every month this lease reported (178)

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

178 months

Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
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 20191,13156.272.46$2,782
Jun 20192,31552.782.49$5,767
May 20192,42158.482.74$6,634
Apr 20192,35462.632.75$6,475
Mar 20192,37156.803.06$7,260
Feb 20192,18750.852.79$6,107
Jan 20192,45246.033.23$7,916
Dec 20182,49746.594.19$10,451
Nov 20182,43152.934.24$10,301
Oct 20182,58061.443.40$8,767
Sep 20182,43959.543.11$7,580
Aug 20182,35459.403.07$7,219
Jul 20182,63165.142.93$7,714
Jun 20182,56560.183.08$7,892
May 20182,68665.382.90$7,792
Apr 20182,53763.842.90$7,359
Mar 20182,46161.222.79$6,858
Feb 20182,37161.782.77$6,558
Jan 20182,55962.874.01$10,260
Dec 20172,77157.272.92$8,096
Nov 201793755.423.12$2,922
Oct 20172,13049.292.98$6,355
Sep 20172,70347.523.09$8,345
Aug 20173,03745.373.00$9,124
Jul 20173,16243.873.09$9,762
Jun 20173,37442.493.09$10,416
May 20173,68245.373.26$12,016
Apr 20173,55047.933.21$11,401
Mar 20173,68346.772.98$10,989
Feb 20173,22150.452.95$9,510
Jan 20173,54749.413.42$12,126
Dec 20162,25848.763.72$8,406
Nov 20162,92542.492.64$7,735
Oct 20163,02646.193.09$9,351
Sep 20162,91641.553.10$9,041
Aug 20162,96341.442.92$8,665
Jul 20163,01641.622.92$8,820
Jun 20162,93345.352.69$7,878
May 20162,54542.521.99$5,067
Apr 20161,45836.561.99$2,903
Mar 20163,30933.011.79$5,936
Feb 20163,93326.472.06$8,116
Jan 20162,84227.352.36$6,720
Dec 20152,75132.362.00$5,506
Nov 20152,60938.792.17$5,655
Oct 20153,10143.552.43$7,525
Sep 20152,78942.992.76$7,693
Aug 20153,81740.162.87$10,964
Jul 20151,91848.152.95$5,649
Jun 20154,22956.152.88$12,192
May 20153,78855.212.96$11,195
Apr 20153,11249.822.71$8,423
Mar 20153,22342.892.93$9,459
Feb 20153,63944.662.98$10,830
Jan 20153,85743.433.10$11,959
Dec 20142,96854.693.59$10,659
Nov 20143,51270.464.25$14,932
Oct 20144,08278.303.90$15,924
Sep 20143,22786.164.05$13,055
Aug 20143,61789.394.04$14,595
Jul 20144,14796.564.18$17,333
Jun 20143,93898.164.74$18,654
May 20144,13894.734.73$19,559
Apr 20142,14095.944.81$10,292
Mar 20143,62595.895.06$18,331
Feb 20143,29397.406.19$20,390
Jan 20143,70590.404.86$18,009
Dec 20133,59691.824.35$15,659
Nov 20133,74288.853.74$13,989
Oct 20133,67397.423.78$13,882
Sep 20133,768104.113.72$14,008
Aug 20133,901104.253.52$13,742
Jul 20133,691102.523.72$13,722
Jun 20134,02294.403.93$15,820
May 20134,57094.834.15$18,961
Apr 20134,55093.964.28$19,486
Mar 20134,69893.623.91$18,383
Feb 20134,27291.233.42$14,610
Jan 20134,74391.603.42$16,221
Dec 20124,84786.773.42$16,578
Nov 20124,43986.953.62$16,091
Oct 20124,34489.383.40$14,768
Sep 20124,24394.672.92$12,383
Aug 20123,47592.662.91$10,106
Jul 20124,75085.133.02$14,349
Jun 20124,94579.822.52$12,457
May 20125,17891.612.49$12,885
Apr 20125,196101.652.00$10,375
Mar 20125,467105.052.22$12,148
Feb 20125,046101.102.57$12,969
Jan 20125,69698.092.73$15,573
Dec 20115,70396.873.24$18,476
Nov 20115,69895.723.31$18,868
Oct 20115,93484.983.65$21,650
Sep 20115,71883.623.99$22,791
Aug 20115,21683.404.15$21,643
Jul 20116,01594.144.52$27,171
Jun 20115,92792.904.64$27,501
May 20116,22498.134.40$27,416
Apr 20116,949105.964.33$30,112
Mar 20117,49596.364.06$30,410
Feb 20115,91285.644.18$24,712
Jan 20116,02786.504.59$27,657
Dec 20107,41185.734.35$32,221
Nov 20107,80080.843.80$29,604
Oct 20105,68278.103.51$19,938
Sep 20107,11272.633.98$28,302
Aug 20106,75173.684.42$29,835
Jul 20104,86472.554.74$23,038
Jun 20106,74870.364.91$33,135
May 20108,62571.124.24$36,529
Apr 20107,82481.694.12$32,256
Mar 20108,70978.394.39$38,221
Feb 20109,55473.585.44$51,996
Jan 20107,89974.365.96$47,110
Dec 20099,70871.445.48$53,236
Nov 20098,94074.593.75$33,538
Oct 2009072.544.11$0
Sep 20091,74365.543.06$5,342
Aug 200978167.423.22$2,514
Jul 20093,69661.133.46$12,805
Jun 200910,23266.163.90$39,854
May 200911,11954.743.93$43,650
Apr 200914,47446.773.59$51,925
Mar 200914,08042.144.06$57,151
Feb 20091,81032.814.63$8,386
Jan 2009035.865.37$0
Dec 200872437.105.98$4,327
Nov 20084,56055.496.86$31,283
Oct 20085,38975.246.92$37,303
Sep 20085,240101.767.88$41,276
Aug 20086,738114.228.48$57,159
Jul 20086,543131.0811.39$74,521
Jun 20089,377131.3313.03$122,207
May 200814,466123.1711.57$167,434
Apr 200815,610110.3110.45$163,200
Mar 200817,117101.909.66$165,420
Feb 200816,60392.538.77$145,618
Jan 200820,78390.388.21$170,540
Dec 200725,09988.337.30$183,272
Nov 200733,73291.677.29$245,964
Oct 20077,05482.856.92$48,828

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.

Jul 2019 — as filed, then multipliedworked
Gas                1,131 Mcf  × $  2.46 =     $2,782

────────────────────────────────────────────────────
Month total                                   $2,782

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/237524 is the state's own key, not one this site invented.