GRAVES

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 238284District 09Field 65280200GasSaveExport
Value, all time
$7.0 M
Dec 2007 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
222
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
GasProduction1,213,695 Mcf$7,039,797
Total$7,039,797

Every month this lease reported (222)

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

222 months

May 20262,719106.413.05$8,282
Apr 20262,40098.932.87$6,887
Mar 20262,15989.753.15$6,800
Feb 20262,46163.503.75$9,230
Jan 20262,68859.138.00$21,498
Dec 20252,74956.664.41$12,132
Nov 20252,73258.593.93$10,727
Oct 20253,15259.383.30$10,417
Sep 20253,12262.743.08$9,606
Aug 20253,23863.933.01$9,762
Jul 20253,16466.743.32$10,489
Jun 20252,82266.483.13$8,829
May 20253,10760.553.23$10,043
Apr 20252,92862.363.54$10,374
Mar 20252,91767.704.27$12,451
Feb 20252,48270.884.34$10,774
Jan 20252,77974.324.28$11,890
Dec 20242,94568.993.12$9,192
Nov 20242,81969.052.20$6,197
Oct 20242,94271.372.28$6,712
Sep 20243,10069.612.36$7,330
Aug 20243,33575.632.06$6,882
Jul 20243,39079.932.15$7,277
Jun 20243,44178.082.63$9,064
May 20244,02778.812.20$8,853
Apr 20243,66184.451.66$6,074
Mar 20244,04880.301.55$6,255
Feb 20243,64376.091.78$6,498
Jan 20243,48673.023.30$11,496
Dec 20234,70871.262.61$12,291
Nov 20234,07177.892.81$11,430
Oct 20233,92785.443.09$12,124
Sep 20233,98689.042.74$10,902
Aug 20234,04080.522.67$10,798
Jul 20234,27774.852.64$11,299
Jun 20231,44568.962.26$3,264
May 20232,70670.622.23$6,027
Apr 20232,67778.122.24$5,990
Mar 20233,33272.852.39$7,974
Feb 20232,93975.112.47$7,247
Jan 20233,00176.533.39$10,167
Dec 20223,07876.415.73$17,634
Nov 20222,91885.005.65$16,476
Oct 20224,59487.185.86$26,938
Sep 20224,66184.888.16$38,051
Aug 20221,15394.529.13$10,524
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 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 2016441.622.92$12
Jun 2016445.352.69$11
May 20161,75442.521.99$3,492
Apr 20162,76336.561.99$5,501
Mar 20162,88533.011.79$5,176
Feb 20162,84326.472.06$5,867
Jan 20162,98527.352.36$7,058
Dec 20153,22332.362.00$6,451
Nov 20152,99338.792.17$6,487
Oct 20153,43143.552.43$8,326
Sep 20154,19942.992.76$11,583
Aug 20154,34040.162.87$12,467
Jul 20153,92948.152.95$11,571
Jun 20153,26956.152.88$9,424
May 20153,33255.212.96$9,848
Apr 20154,75849.822.71$12,878
Mar 20154,97842.892.93$14,609
Feb 20153,81044.662.98$11,339
Jan 20155,72843.433.10$17,760
Dec 20146,12954.693.59$22,011
Nov 20146,55070.464.25$27,850
Oct 20146,05378.303.90$23,613
Sep 20146,46886.164.05$26,166
Aug 20146,71289.394.04$27,084
Jul 20146,52296.564.18$27,259
Jun 20145,67498.164.74$26,877
May 20146,11894.734.73$28,917
Apr 20146,12695.944.81$29,461
Mar 20145,88695.895.06$29,764
Feb 20145,32597.406.19$32,972
Jan 20145,85890.404.86$28,474
Dec 20137,09791.824.35$30,904
Nov 20137,79288.853.74$29,129
Oct 20138,25397.423.78$31,191
Sep 20138,127104.113.72$30,214
Aug 20138,372104.253.52$29,491
Jul 20138,526102.523.72$31,697
Jun 20138,49094.403.93$33,395
May 20139,12294.834.15$37,848
Apr 20138,89393.964.28$38,085
Mar 20138,03693.623.91$31,444
Feb 20132,52791.233.42$8,642
Jan 2013091.603.42$0
Dec 20121,36286.773.42$4,658
Nov 20121,11886.953.62$4,053
Oct 201243889.383.40$1,489
Sep 20122,38194.672.92$6,949
Aug 20122,93492.662.91$8,533
Jul 20122,90985.133.02$8,788
Jun 20122,97179.822.52$7,484
May 20123,40591.612.49$8,473
Apr 20123,322101.652.00$6,633
Mar 20122,473105.052.22$5,495
Feb 20123,964101.102.57$10,188
Jan 201249198.092.73$1,342
Dec 20113,47196.873.24$11,245
Nov 20115,07195.723.31$16,792
Oct 20114,83884.983.65$17,652
Sep 20115,07483.623.99$20,224
Aug 20113,54783.404.15$14,718
Jul 20114,07794.144.52$18,417
Jun 20112,81492.904.64$13,057
May 20118,84898.134.40$38,974
Apr 20118,752105.964.33$37,925
Mar 20119,35896.364.06$37,969
Feb 20119,00185.644.18$37,624
Jan 201110,29086.504.59$47,219
Dec 201010,02185.734.35$43,569
Nov 20109,96680.843.80$37,824
Oct 20109,88978.103.51$34,699
Sep 20108,98072.633.98$35,736
Aug 20107,97773.684.42$35,253
Jul 20109,41272.554.74$44,580
Jun 20108,26470.364.91$40,580
May 20109,78771.124.24$41,450
Apr 20107,79181.694.12$32,120
Mar 201015,16978.394.39$66,572
Feb 201013,45473.585.44$73,222
Jan 201014,94174.365.96$89,109
Dec 200916,53071.445.48$90,646
Nov 200913,79774.593.75$51,759
Oct 200912,01672.544.11$49,389
Sep 200912,94165.543.06$39,661
Aug 200914,24167.423.22$45,835
Jul 20099,80361.133.46$33,962
Jun 200915,40366.163.90$59,995
May 200910,38854.743.93$40,781
Apr 200916,59146.773.59$59,520
Mar 200920,45742.144.06$83,035
Feb 200919,13832.814.63$88,666
Jan 200919,77535.865.37$106,212
Dec 200822,67137.105.98$135,508
Nov 200822,12055.496.86$151,751
Oct 200824,36875.246.92$168,675
Sep 200820,267101.767.88$159,645
Aug 200816,785114.228.48$142,387
Jul 200828,620131.0811.39$325,965
Jun 200830,715131.3313.03$400,297
May 200845,195123.1711.57$523,100
Apr 200836,358110.3110.45$380,118
Mar 200844,224101.909.66$427,384
Feb 200849,07692.538.77$430,425
Jan 200862,86390.388.21$515,837
Dec 200734,94088.337.30$255,131

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                2,719 Mcf  × $  3.05 =     $8,282

────────────────────────────────────────────────────
Month total                                   $8,282

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/238284 is the state's own key, not one this site invented.