HESS

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 240399District 09Field 65280200GasSaveExport
Value, all time
$5.6 M
Jun 2008 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
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
GasProduction1,040,086 Mcf$5,618,259
Total$5,618,259

Every month this lease reported (142)

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

142 months

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 201632245.352.69$865
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 20161,32333.011.79$2,373
Feb 201669226.472.06$1,428
Jan 20163,98727.352.36$9,427
Dec 20151,22032.362.00$2,442
Nov 201555738.792.17$1,207
Oct 201516143.552.43$391
Sep 2015042.992.76$0
Aug 201542040.162.87$1,206
Jul 2015048.152.95$0
Jun 20151,27156.152.88$3,664
May 20153,16355.212.96$9,348
Apr 20151,28249.822.71$3,470
Mar 2015042.892.93$0
Feb 20153,01144.662.98$8,961
Jan 20154,56743.433.10$14,161
Dec 20145,92354.693.59$21,272
Nov 20146,87570.464.25$29,231
Oct 20147,07678.303.90$27,603
Sep 20145,48386.164.05$22,181
Aug 20141,62089.394.04$6,537
Jul 20146,84596.564.18$28,609
Jun 20145,02998.164.74$23,822
May 20145,63694.734.73$26,639
Apr 201411,21695.944.81$53,939
Mar 201411,66195.895.06$58,967
Feb 201410,60197.406.19$65,641
Jan 20146,00890.404.86$29,203
Dec 20134,78391.824.35$20,827
Nov 20133,01488.853.74$11,267
Oct 20134,56497.423.78$17,249
Sep 20131,264104.113.72$4,699
Aug 20139,232104.253.52$32,521
Jul 20135,173102.523.72$19,232
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 201356293.964.28$2,407
Mar 201310493.623.91$407
Feb 20135,46091.233.42$18,673
Jan 20138,69791.603.42$29,743
Dec 201212,21386.773.42$41,770
Nov 201211,33186.953.62$41,074
Oct 20128,75089.383.40$29,747
Sep 201210,49694.672.92$30,632
Aug 201211,76192.662.91$34,203
Jul 20123,99485.133.02$12,065
Jun 20129,64479.822.52$24,294
May 201212,54991.612.49$31,226
Apr 201212,590101.652.00$25,140
Mar 201211,768105.052.22$26,149
Feb 201213,136101.102.57$33,763
Jan 201217,77698.092.73$48,601
Dec 201122,07096.873.24$71,501
Nov 201114,02895.723.31$46,451
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
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 2010078.103.51$0
Sep 20107,42272.633.98$29,536
Aug 201019,04173.684.42$84,149
Jul 201016,42572.554.74$77,797
Jun 201018,13670.364.91$89,055
May 201018,35371.124.24$77,729
Apr 201017,39081.694.12$71,694
Mar 201018,98978.394.39$83,336
Feb 201015,33373.585.44$83,448
Jan 201016,53674.365.96$98,622
Dec 20097,83771.445.48$42,976
Nov 200912,93674.593.75$48,529
Oct 200921,96372.544.11$90,273
Sep 200918,74965.543.06$57,461
Aug 200920,58667.423.22$66,256
Jul 200924,12061.133.46$83,564
Jun 200911,83566.163.90$46,097
May 200925,04554.743.93$98,320
Apr 200925,87746.773.59$92,834
Mar 200930,62542.144.06$124,307
Feb 200930,96932.814.63$143,479
Jan 200933,54235.865.37$180,154
Dec 200833,57037.105.98$200,653
Nov 200822,53755.496.86$154,612
Oct 200839,41375.246.92$272,816
Sep 200844,749101.767.88$352,492
Aug 200863,945114.228.48$542,447
Jul 200876,856131.0811.39$875,346
Jun 200826,399131.3313.03$344,048

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 2016 — as filed, then multipliedworked
Gas                  322 Mcf  × $  2.69 =       $865

────────────────────────────────────────────────────
Month total                                     $865

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/240399 is the state's own key, not one this site invented.