STULTS-WELBORN

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 238697District 09Field 65280200GasSaveExport
Value, all time
$4.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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
GasProduction719,768 Mcf$4,456,806
Total$4,456,806

Every month this lease reported (218)

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

218 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 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
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 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 201518256.152.88$525
May 20151,43455.212.96$4,238
Apr 20154,11349.822.71$11,132
Mar 20155,07342.892.93$14,888
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 20141,95670.464.25$8,317
Oct 20146,25178.303.90$24,385
Sep 20145,63586.164.05$22,796
Aug 20146,13089.394.04$24,735
Jul 20145,73196.564.18$23,953
Jun 201427798.164.74$1,312
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 201451395.895.06$2,594
Feb 201442897.406.19$2,650
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201351688.853.74$1,929
Oct 20132197.423.78$79
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 20131,34094.403.93$5,271
May 20131,19794.834.15$4,966
Apr 20134,31493.964.28$18,475
Mar 20134,48593.623.91$17,549
Feb 20134,19691.233.42$14,350
Jan 20134,77291.603.42$16,320
Dec 20125,13586.773.42$17,563
Nov 20125,16686.953.62$18,727
Oct 20125,39489.383.40$18,338
Sep 20125,38494.672.92$15,713
Aug 20125,43492.662.91$15,803
Jul 20125,18885.133.02$15,672
Jun 20127,01879.822.52$17,679
May 20126,55991.612.49$16,321
Apr 20125,583101.652.00$11,148
Mar 20125,952105.052.22$13,226
Feb 20126,050101.102.57$15,550
Jan 20124,59898.092.73$12,571
Dec 20116,54096.873.24$21,188
Nov 20118,21095.723.31$27,186
Oct 20118,37984.983.65$30,571
Sep 20118,00183.623.99$31,890
Aug 20118,92083.404.15$37,012
Jul 20119,89594.144.52$44,698
Jun 201110,03192.904.64$46,543
May 20119,58698.134.40$42,225
Apr 20117,057105.964.33$30,580
Mar 20116,87696.364.06$27,898
Feb 20116,30285.644.18$26,342
Jan 20117,15286.504.59$32,819
Dec 20106,63785.734.35$28,856
Nov 20103,49780.843.80$13,272
Oct 20106,32578.103.51$22,194
Sep 20106,44372.633.98$25,640
Aug 20106,18073.684.42$27,312
Jul 20107,14972.554.74$33,861
Jun 20107,28370.364.91$35,762
May 20104,36171.124.24$18,470
Apr 2010081.694.12$0
Mar 201059978.394.39$2,629
Feb 20104,19073.585.44$22,803
Jan 20108,79074.365.96$52,424
Dec 200911,74671.445.48$64,412
Nov 200911,69474.593.75$43,870
Oct 200910,98372.544.11$45,143
Sep 200912,39565.543.06$37,988
Aug 200910,36867.423.22$33,369
Jul 200911,37761.133.46$39,416
Jun 200910,22066.163.90$39,807
May 200913,34954.743.93$52,405
Apr 200915,34346.773.59$55,043
Mar 200913,64742.144.06$55,393
Feb 200918,59032.814.63$86,127
Jan 200919,58735.865.37$105,202
Dec 200819,37337.105.98$115,795
Nov 200821,53655.496.86$147,745
Oct 200824,24675.246.92$167,830
Sep 200825,998101.767.88$204,789
Aug 200829,950114.228.48$254,066
Jul 200835,444131.0811.39$403,687
Jun 200841,382131.3313.03$539,316
May 200851,637123.1711.57$597,662
Apr 200826,475110.3110.45$276,792

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.

Jun 2015 — as filed, then multipliedworked
Gas                  182 Mcf  × $  2.88 =       $525

────────────────────────────────────────────────────
Month total                                     $525

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/238697 is the state's own key, not one this site invented.