GRAVES

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 240890District 09Field 65280200GasSaveExport
Value, all time
$5.9 M
Aug 2008 – May 2026
Value, last 12 filed months
$186 k
at the published price for each month
Months reported
214
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
GasProduction1,450,450 Mcf$5,896,437
Total$5,896,437

Every month this lease reported (214)

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

214 months

May 20264,079106.413.05$12,424
Apr 20263,99898.932.87$11,473
Mar 20264,46289.753.15$14,053
Feb 20263,36963.503.75$12,635
Jan 20263,32159.138.00$26,561
Dec 20254,47856.664.41$19,763
Nov 20254,38958.593.93$17,233
Oct 20254,41759.383.30$14,597
Sep 20254,06262.743.08$12,498
Aug 20254,72963.933.01$14,257
Jul 20255,03166.743.32$16,679
Jun 20254,48766.483.13$14,039
May 20255,11260.553.23$16,524
Apr 20255,22062.363.54$18,495
Mar 202534367.704.27$1,464
Feb 202599770.884.34$4,328
Jan 20254,06474.324.28$17,389
Dec 20244,05468.993.12$12,654
Nov 20242,48569.052.20$5,463
Oct 20244,53671.372.28$10,348
Sep 20244,10269.612.36$9,699
Aug 20244,38275.632.06$9,043
Jul 20244,28979.932.15$9,207
Jun 20243,56178.082.63$9,380
May 20244,49978.812.20$9,891
Apr 20244,23884.451.66$7,032
Mar 20244,52380.301.55$6,989
Feb 20244,65876.091.78$8,308
Jan 20245,16373.023.30$17,026
Dec 20234,49271.262.61$11,727
Nov 20234,82977.892.81$13,558
Oct 20235,01785.443.09$15,489
Sep 20234,58789.042.74$12,546
Aug 20234,74280.522.67$12,675
Jul 20234,64374.852.64$12,266
Jun 20234,59468.962.26$10,375
May 20234,28270.622.23$9,538
Apr 20234,82478.122.24$10,795
Mar 20233,16972.852.39$7,584
Feb 20233,66075.112.47$9,024
Jan 20235,10276.533.39$17,284
Dec 20224,37476.415.73$25,059
Nov 20224,87085.005.65$27,497
Oct 20224,37887.185.86$25,672
Sep 20224,51184.888.16$36,826
Aug 20224,34694.529.13$39,667
Jul 20224,464101.587.54$33,668
Jun 20224,671115.097.98$37,262
May 20224,529109.378.43$38,193
Apr 20224,579104.226.84$31,309
Mar 20225,135108.885.08$26,067
Feb 20222,01091.054.86$9,766
Jan 20224,77981.844.54$21,686
Dec 20215,16271.323.90$20,127
Nov 20215,89577.435.24$30,871
Oct 20216,09379.795.71$34,815
Sep 20216,32269.865.35$33,829
Aug 20216,81966.024.22$28,780
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 20191,46356.272.46$3,599
Jun 20194,87452.782.49$12,142
May 20194,63758.482.74$12,707
Apr 20194,86462.632.75$13,379
Mar 20195,06556.803.06$15,510
Feb 20194,50150.852.79$12,568
Jan 20195,15546.033.23$16,641
Dec 20185,07546.594.19$21,241
Nov 20184,67352.934.24$19,801
Oct 20184,69761.443.40$15,961
Sep 20184,84459.543.11$15,055
Aug 20185,04959.403.07$15,483
Jul 20184,62965.142.93$13,572
Jun 20184,20060.183.08$12,923
May 20184,68765.382.90$13,596
Apr 20184,63263.842.90$13,437
Mar 20184,30861.222.79$12,006
Feb 20184,35061.782.77$12,033
Jan 20184,16862.874.01$16,711
Dec 20175,09857.272.92$14,894
Nov 20174,97155.423.12$15,501
Oct 20175,10049.292.98$15,217
Sep 20174,79847.523.09$14,813
Aug 20175,39545.373.00$16,209
Jul 20175,68143.873.09$17,539
Jun 20175,25242.493.09$16,214
May 20175,55545.373.26$18,128
Apr 20175,60047.933.21$17,985
Mar 20175,63546.772.98$16,813
Feb 20175,29450.452.95$15,631
Jan 20175,89249.413.42$20,144
Dec 20165,90648.763.72$21,987
Nov 20165,81242.492.64$15,369
Oct 20166,08646.193.09$18,807
Sep 20165,80241.553.10$17,990
Aug 20165,74041.442.92$16,786
Jul 20165,81441.622.92$17,002
Jun 20165,35445.352.69$14,380
May 20165,49542.521.99$10,941
Apr 20165,90636.561.99$11,759
Mar 20166,05333.011.79$10,859
Feb 20166,08626.472.06$12,559
Jan 20165,09327.352.36$12,042
Dec 20156,72232.362.00$13,453
Nov 20156,60838.792.17$14,322
Oct 20156,96143.552.43$16,891
Sep 20156,51242.992.76$17,963
Aug 20155,65940.162.87$16,255
Jul 20155,28348.152.95$15,559
Jun 20156,87256.152.88$19,811
May 20156,76155.212.96$19,982
Apr 20156,61749.822.71$17,909
Mar 20157,02442.892.93$20,613
Feb 20156,19044.662.98$18,423
Jan 20156,75943.433.10$20,957
Dec 20147,88454.693.59$28,314
Nov 20147,78070.464.25$33,079
Oct 20146,17478.303.90$24,085
Sep 20145,78186.164.05$23,387
Aug 20146,37389.394.04$25,716
Jul 20146,49896.564.18$27,159
Jun 20146,42698.164.74$30,439
May 20146,79094.734.73$32,093
Apr 20146,73495.944.81$32,385
Mar 20147,05995.895.06$35,696
Feb 20146,58797.406.19$40,787
Jan 20146,23890.404.86$30,321
Dec 20135,43691.824.35$23,671
Nov 20137,34188.853.74$27,443
Oct 20136,69697.423.78$25,307
Sep 20136,783104.113.72$25,217
Aug 20137,230104.253.52$25,468
Jul 20137,541102.523.72$28,035
Jun 20134,31294.403.93$16,961
May 20131,30494.834.15$5,410
Apr 20137,32693.964.28$31,374
Mar 20137,08693.623.91$27,727
Feb 20136,94291.233.42$23,741
Jan 20137,73491.603.42$26,450
Dec 20127,68586.773.42$26,284
Nov 20128,78086.953.62$31,827
Oct 20127,85189.383.40$26,691
Sep 20128,40294.672.92$24,520
Aug 20128,76892.662.91$25,499
Jul 20128,80285.133.02$26,589
Jun 20127,89279.822.52$19,880
May 20128,87891.612.49$22,091
Apr 20128,834101.652.00$17,640
Mar 20129,591105.052.22$21,312
Feb 20129,313101.102.57$23,937
Jan 201210,27298.092.73$28,084
Dec 201110,57896.873.24$34,270
Nov 20119,38495.723.31$31,073
Oct 20119,33284.983.65$34,048
Sep 201110,56183.623.99$42,094
Aug 201111,21983.404.15$46,551
Jul 201111,29494.144.52$51,018
Jun 201111,37992.904.64$52,797
May 201111,56598.134.40$50,942
Apr 201111,233105.964.33$48,676
Mar 201111,11196.364.06$45,081
Feb 201111,38885.644.18$47,602
Jan 201113,43686.504.59$61,655
Dec 201013,34185.734.35$58,003
Nov 201013,61380.843.80$51,666
Oct 201014,66178.103.51$51,444
Sep 201014,21672.633.98$56,572
Aug 201014,30673.684.42$63,223
Jul 201013,43572.554.74$63,635
Jun 201014,49170.364.91$71,157
May 201014,72271.124.24$62,351
Apr 20101,70481.694.12$7,025
Mar 20107,10278.394.39$31,168
Feb 20103,56573.585.44$19,402
Jan 2010074.365.96$0
Dec 200988871.445.48$4,870
Nov 200918,62074.593.75$69,853
Oct 200918,11672.544.11$74,461
Sep 200916,27365.543.06$49,873
Aug 200917,33067.423.22$55,777
Jul 200918,94861.133.46$65,645
Jun 200916,19866.163.90$63,091
May 200921,65554.743.93$85,012
Apr 200918,87946.773.59$67,728
Mar 200924,37042.144.06$98,918
Feb 200924,20232.814.63$112,128
Jan 200926,33635.865.37$141,451
Dec 200832,14437.105.98$192,129
Nov 200833,20755.496.86$227,812
Oct 200840,96475.246.92$283,552
Sep 200849,071101.767.88$386,537
Aug 20083,307114.228.48$28,053

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                4,079 Mcf  × $  3.05 =    $12,424

────────────────────────────────────────────────────
Month total                                  $12,424

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/240890 is the state's own key, not one this site invented.