DFW

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 240596District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Mar 2008 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
141
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
GasProduction1,094,067 Mcf$6,220,092
Total$6,220,092

Every month this lease reported (141)

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

141 months

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 201810461.222.79$290
Feb 201811261.782.77$310
Jan 2018062.874.01$0
Dec 20178457.272.92$245
Nov 201718655.423.12$580
Oct 20178049.292.98$239
Sep 20175447.523.09$167
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 201622942.492.64$606
Oct 201614046.193.09$433
Sep 2016141.553.10$3
Aug 2016041.442.92$0
Jul 201624341.622.92$711
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 201638736.561.99$771
Mar 201649033.011.79$879
Feb 20166,05026.472.06$12,485
Jan 20167,81627.352.36$18,480
Dec 20157,17532.362.00$14,360
Nov 20155,11638.792.17$11,088
Oct 20155,41443.552.43$13,138
Sep 20152,50842.992.76$6,918
Aug 201554140.162.87$1,554
Jul 20158,37248.152.95$24,656
Jun 20155,37756.152.88$15,501
May 20154,78755.212.96$14,148
Apr 20155,07949.822.71$13,747
Mar 20155,21942.892.93$15,316
Feb 20157,27244.662.98$21,643
Jan 20154,21843.433.10$13,078
Dec 20147,42154.693.59$26,651
Nov 20143,12970.464.25$13,304
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 20142,25489.394.04$9,095
Jul 20145,01996.564.18$20,977
Jun 20147,94798.164.74$37,644
May 20149,50694.734.73$44,931
Apr 20145,62195.944.81$27,032
Mar 20146,65395.895.06$33,643
Feb 20145,79897.406.19$35,901
Jan 20145,67690.404.86$27,589
Dec 20136,18791.824.35$26,941
Nov 20136,77688.853.74$25,331
Oct 20138,60597.423.78$32,521
Sep 20136,805104.113.72$25,299
Aug 20136,322104.253.52$22,270
Jul 20137,167102.523.72$26,645
Jun 20137,14794.403.93$28,112
May 20136,47294.834.15$26,853
Apr 20138,02593.964.28$34,368
Mar 20136,66093.623.91$26,060
Feb 20137,39791.233.42$25,297
Jan 20137,03191.603.42$24,045
Dec 20126,23286.773.42$21,314
Nov 20127,84886.953.62$28,449
Oct 20125,97289.383.40$20,303
Sep 20127,42094.672.92$21,655
Aug 20121,12492.662.91$3,269
Jul 20125,95985.133.02$18,001
Jun 20129,50479.822.52$23,941
May 20129,35491.612.49$23,276
Apr 20129,351101.652.00$18,672
Mar 20124,965105.052.22$11,033
Feb 20127,469101.102.57$19,197
Jan 20129,92798.092.73$27,141
Dec 20119,02796.873.24$29,245
Nov 20118,47895.723.31$28,073
Oct 20116,34784.983.65$23,157
Sep 201111,04683.623.99$44,027
Aug 201114,57683.404.15$60,480
Jul 201112,46794.144.52$56,316
Jun 201111,76892.904.64$54,602
May 201113,31398.134.40$58,641
Apr 201112,422105.964.33$53,828
Mar 201114,43796.364.06$58,576
Feb 201113,52585.644.18$56,534
Jan 201115,66086.504.59$71,860
Dec 201017,82385.734.35$77,490
Nov 201018,17780.843.80$68,988
Oct 201014,36678.103.51$50,409
Sep 20105,90272.633.98$23,487
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 201010,85078.394.39$47,617
Feb 201012,28473.585.44$66,854
Jan 201018,34474.365.96$109,405
Dec 200910,92771.445.48$59,921
Nov 2009074.593.75$0
Oct 200913,88272.544.11$57,058
Sep 200921,20765.543.06$64,994
Aug 200912,18267.423.22$39,208
Jul 200917,66561.133.46$61,200
Jun 200917,07366.163.90$66,499
May 200918,91454.743.93$74,252
Apr 200919,62446.773.59$70,401
Mar 200921,47142.144.06$87,151
Feb 200917,21032.814.63$79,734
Jan 200924,15535.865.37$129,737
Dec 200826,07837.105.98$155,872
Nov 200826,53655.496.86$182,047
Oct 200830,24175.246.92$209,328
Sep 200832,587101.767.88$256,691
Aug 200831,930114.228.48$270,863
Jul 200832,333131.0811.39$368,254
Jun 200837,589131.3313.03$489,884
May 200844,346123.1711.57$513,273
Apr 200827,429110.3110.45$286,766
Mar 200864,079101.909.66$619,264

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.

Mar 2018 — as filed, then multipliedworked
Gas                  104 Mcf  × $  2.79 =       $290

────────────────────────────────────────────────────
Month total                                     $290

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/240596 is the state's own key, not one this site invented.