HOLLY

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 240396District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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
GasProduction1,013,422 Mcf$4,794,401
Total$4,794,401

Every month this lease reported (215)

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

215 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 201852660.183.08$1,618
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 201717157.272.92$500
Nov 20172,89755.423.12$9,034
Oct 20172,93649.292.98$8,760
Sep 20173,03947.523.09$9,382
Aug 20171,68145.373.00$5,050
Jul 201737643.873.09$1,161
Jun 20171,03342.493.09$3,189
May 20174,26345.373.26$13,912
Apr 20173,16347.933.21$10,158
Mar 20173,11146.772.98$9,282
Feb 20173,96050.452.95$11,692
Jan 20173,33549.413.42$11,402
Dec 20163,39248.763.72$12,628
Nov 20164,70042.492.64$12,428
Oct 20165,25146.193.09$16,227
Sep 20164,66941.553.10$14,477
Aug 20161,82841.442.92$5,346
Jul 20165,42141.622.92$15,853
Jun 20165,07345.352.69$13,625
May 20165,29742.521.99$10,547
Apr 20166,54236.561.99$13,025
Mar 20167,13233.011.79$12,795
Feb 20166,31226.472.06$13,026
Jan 20165,16727.352.36$12,217
Dec 20155,45632.362.00$10,920
Nov 20156,75038.792.17$14,629
Oct 20156,86243.552.43$16,651
Sep 20154,83242.992.76$13,329
Aug 20154,18840.162.87$12,030
Jul 20156,69348.152.95$19,711
Jun 20155,69756.152.88$16,424
May 20153,55555.212.96$10,507
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 20155,67744.662.98$16,896
Jan 201511,07643.433.10$34,343
Dec 201413,27054.693.59$47,657
Nov 201413,60670.464.25$57,851
Oct 201414,83678.303.90$57,875
Sep 20145,88786.164.05$23,816
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 20141,02597.406.19$6,347
Jan 20141,78490.404.86$8,672
Dec 20135,91891.824.35$25,770
Nov 20135,91488.853.74$22,108
Oct 20134,76697.423.78$18,012
Sep 20132,887104.113.72$10,733
Aug 20135,398104.253.52$19,015
Jul 20135,793102.523.72$21,537
Jun 20136,38494.403.93$25,111
May 20137,07994.834.15$29,371
Apr 20136,48193.964.28$27,755
Mar 20136,33293.623.91$24,776
Feb 20134,43791.233.42$15,174
Jan 20136,46691.603.42$22,113
Dec 20126,83886.773.42$23,387
Nov 20126,60586.953.62$23,943
Oct 20127,62089.383.40$25,906
Sep 201210,66194.672.92$31,113
Aug 20127,01592.662.91$20,401
Jul 2012085.133.02$0
Jun 20127279.822.52$181
May 20129,75891.612.49$24,281
Apr 20129,896101.652.00$19,760
Mar 201210,669105.052.22$23,707
Feb 201213,579101.102.57$34,901
Jan 201213,71498.092.73$37,495
Dec 201115,89796.873.24$51,502
Nov 201117,38195.723.31$57,553
Oct 201119,85184.983.65$72,427
Sep 201120,33583.623.99$81,051
Aug 201119,37383.404.15$80,385
Jul 201113,88794.144.52$62,731
Jun 20112,70892.904.64$12,565
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 201016,14278.103.51$56,641
Sep 201019,02672.633.98$75,713
Aug 201018,68573.684.42$82,576
Jul 20106,39872.554.74$30,304
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 201065381.694.12$2,692
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 20108,47374.365.96$50,534
Dec 20099,62671.445.48$52,787
Nov 2009074.593.75$0
Oct 200914,94172.544.11$61,411
Sep 200924,53865.543.06$75,203
Aug 200923,87067.423.22$76,826
Jul 200916,60161.133.46$57,514
Jun 20094,05566.163.90$15,794
May 200922,71554.743.93$89,173
Apr 200922,23246.773.59$79,757
Mar 200922,72742.144.06$92,249
Feb 200923,14432.814.63$107,226
Jan 200930,68435.865.37$164,804
Dec 200832,34037.105.98$193,301
Nov 200835,74055.496.86$245,189
Oct 200843,66775.246.92$302,262
Sep 200837,612101.767.88$296,273
Aug 200851,923114.228.48$440,464
Jul 200851,447131.0811.39$585,952

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 2018 — as filed, then multipliedworked
Gas                  526 Mcf  × $  3.08 =     $1,618

────────────────────────────────────────────────────
Month total                                   $1,618

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/240396 is the state's own key, not one this site invented.