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 238950District 09Field 65280200GasSaveExport
Value, all time
$9.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$137 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
GasProduction1,694,273 Mcf$9,824,003
Total$9,824,003

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 20263,025106.413.05$9,214
Apr 20262,89798.932.87$8,314
Mar 20262,95889.753.15$9,316
Feb 20262,68363.503.75$10,062
Jan 20262,81359.138.00$22,498
Dec 20253,20556.664.41$14,145
Nov 20253,16058.593.93$12,408
Oct 20253,15059.383.30$10,410
Sep 20253,16762.743.08$9,745
Aug 20253,30963.933.01$9,976
Jul 20253,40066.743.32$11,272
Jun 20253,05966.483.13$9,571
May 20253,18960.553.23$10,308
Apr 20253,25862.363.54$11,543
Mar 20252,85467.704.27$12,182
Feb 20252,37570.884.34$10,310
Jan 20252,69474.324.28$11,527
Dec 20243,53968.993.12$11,047
Nov 20242,77069.052.20$6,090
Oct 20242,82471.372.28$6,443
Sep 20243,02269.612.36$7,145
Aug 20243,04375.632.06$6,280
Jul 20243,28479.932.15$7,049
Jun 20243,20178.082.63$8,431
May 20243,01378.812.20$6,624
Apr 20242,96784.451.66$4,923
Mar 20243,11980.301.55$4,819
Feb 20243,38076.091.78$6,029
Jan 20242,93473.023.30$9,675
Dec 20232,05271.262.61$5,357
Nov 20233,76077.892.81$10,556
Oct 20233,99885.443.09$12,343
Sep 20233,57689.042.74$9,781
Aug 20232,77480.522.67$7,415
Jul 20233,00274.852.64$7,931
Jun 20233,56968.962.26$8,061
May 20233,36270.622.23$7,489
Apr 20233,87078.122.24$8,660
Mar 20234,76472.852.39$11,401
Feb 20233,00275.112.47$7,402
Jan 20232,76976.533.39$9,381
Dec 20222,92976.415.73$16,780
Nov 20223,54785.005.65$20,027
Oct 20223,63487.185.86$21,309
Sep 20222,94884.888.16$24,067
Aug 2022094.529.13$0
Jul 20222,352101.587.54$17,739
Jun 20222,294115.097.98$18,300
May 20221,886109.378.43$15,905
Apr 20223,918104.226.84$26,790
Mar 20224,207108.885.08$21,356
Feb 20223,48391.054.86$16,923
Jan 20222,68681.844.54$12,188
Dec 20211,17771.323.90$4,589
Nov 20213,26877.435.24$17,114
Oct 20213,60379.795.71$20,587
Sep 20211,66169.865.35$8,888
Aug 20212,30766.024.22$9,737
Jul 20213,10770.783.98$12,372
Jun 20213,56069.493.38$12,035
May 20214,12263.483.02$12,439
Apr 20213,12960.362.76$8,631
Mar 20215,20361.302.72$14,136
Feb 20213,76157.805.55$20,866
Jan 20216,19250.412.81$17,401
Dec 20206,42844.642.68$17,198
Nov 20206,52838.772.71$17,668
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 201627645.352.69$741
May 201693042.521.99$1,852
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 20161,49727.352.36$3,539
Dec 20151,59532.362.00$3,192
Nov 20154,85338.792.17$10,518
Oct 20154,59643.552.43$11,153
Sep 20157,14142.992.76$19,698
Aug 20156,69240.162.87$19,223
Jul 20156,74548.152.95$19,865
Jun 20155,30356.152.88$15,288
May 20151,79555.212.96$5,305
Apr 20154,99249.822.71$13,511
Mar 20157,27542.892.93$21,350
Feb 20155,62344.662.98$16,735
Jan 20155,66443.433.10$17,562
Dec 20148,18154.693.59$29,381
Nov 20146,00170.464.25$25,515
Oct 20146,76778.303.90$26,398
Sep 20145,95186.164.05$24,074
Aug 20146,37989.394.04$25,740
Jul 20146,45296.564.18$26,967
Jun 20146,37498.164.74$30,193
May 20145,71494.734.73$27,008
Apr 20145,38795.944.81$25,907
Mar 20147,44995.895.06$37,668
Feb 20146,49397.406.19$40,205
Jan 20147,29290.404.86$35,444
Dec 20137,68391.824.35$33,455
Nov 20137,31188.853.74$27,331
Oct 20138,02597.423.78$30,329
Sep 20137,227104.113.72$26,868
Aug 20137,324104.253.52$25,800
Jul 20137,400102.523.72$27,511
Jun 20135,01294.403.93$19,714
May 20136,76494.834.15$28,064
Apr 20136,13393.964.28$26,265
Mar 20135,93993.623.91$23,239
Feb 20135,86891.233.42$20,068
Jan 20136,75891.603.42$23,112
Dec 20127,12986.773.42$24,382
Nov 20126,60686.953.62$23,946
Oct 20127,40189.383.40$25,161
Sep 20126,85894.672.92$20,014
Aug 20127,45992.662.91$21,692
Jul 20126,79385.133.02$20,520
Jun 20125,16579.822.52$13,011
May 20127,88391.612.49$19,615
Apr 20128,039101.652.00$16,052
Mar 20128,477105.052.22$18,837
Feb 20128,050101.102.57$20,690
Jan 20128,48898.092.73$23,207
Dec 20118,94796.873.24$28,986
Nov 20118,71795.723.31$28,864
Oct 20119,15984.983.65$33,417
Sep 20118,85383.623.99$35,286
Aug 20119,22483.404.15$38,273
Jul 20118,08294.144.52$36,508
Jun 20117,27092.904.64$33,732
May 20117,35398.134.40$32,389
Apr 20119,318105.964.33$40,378
Mar 20116,63096.364.06$26,900
Feb 20117,59085.644.18$31,726
Jan 20119,93986.504.59$45,608
Dec 201010,16485.734.35$44,191
Nov 20109,60180.843.80$36,439
Oct 201010,34278.103.51$36,289
Sep 201010,89172.633.98$43,340
Aug 201010,33773.684.42$45,683
Jul 201010,09572.554.74$47,815
Jun 20103,33170.364.91$16,357
May 201011,71471.124.24$49,611
Apr 20109,04681.694.12$37,294
Mar 201016,21578.394.39$71,162
Feb 201011,11273.585.44$60,476
Jan 201015,97074.365.96$95,247
Dec 200917,81971.445.48$97,715
Nov 200919,12974.593.75$71,762
Oct 200918,15972.544.11$74,638
Sep 200918,23065.543.06$55,870
Aug 200918,20867.423.22$58,602
Jul 200919,77861.133.46$68,521
Jun 200917,71066.163.90$68,980
May 200923,23754.743.93$91,223
Apr 200924,49746.773.59$87,883
Mar 200926,60842.144.06$108,002
Feb 200918,54532.814.63$85,919
Jan 200924,04735.865.37$129,156
Dec 200826,56837.105.98$158,801
Nov 200827,28855.496.86$187,206
Oct 200830,58975.246.92$211,736
Sep 200831,184101.767.88$245,639
Aug 200833,831114.228.48$286,989
Jul 200834,584131.0811.39$393,892
Jun 200837,415131.3313.03$487,616
May 200842,069123.1711.57$486,919
Apr 200845,493110.3110.45$475,623
Mar 200851,737101.909.66$499,990
Feb 200855,01792.538.77$482,531
Jan 200865,06490.388.21$533,898
Dec 200772,62188.337.30$530,276
Nov 200789,17391.677.29$650,223
Oct 200745,84482.856.92$317,331

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                3,025 Mcf  × $  3.05 =     $9,214

────────────────────────────────────────────────────
Month total                                   $9,214

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/238950 is the state's own key, not one this site invented.