TERRY

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 242660District 09Field 65280200GasSaveExport
Value, all time
$12.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
223
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
GasProduction2,486,687 Mcf$12,787,469
Total$12,787,469

Every month this lease reported (223)

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

223 months

May 20265,062106.413.05$15,418
Apr 20264,20298.932.87$12,059
Mar 20263,37489.753.15$10,626
Feb 20264,23463.503.75$15,879
Jan 20264,78159.138.00$38,238
Dec 20254,58656.664.41$20,240
Nov 20253,91058.593.93$15,352
Oct 20254,07359.383.30$13,461
Sep 20253,88862.743.08$11,963
Aug 20253,86563.933.01$11,652
Jul 20254,03066.743.32$13,360
Jun 20253,03566.483.13$9,496
May 20253,65560.553.23$11,814
Apr 20254,23162.363.54$14,991
Mar 20254,41067.704.27$18,823
Feb 20254,11270.884.34$17,850
Jan 20255,32274.324.28$22,771
Dec 20246,37968.993.12$19,911
Nov 20244,18569.052.20$9,200
Oct 20244,43571.372.28$10,118
Sep 20244,42369.612.36$10,458
Aug 20244,58075.632.06$9,451
Jul 20244,70379.932.15$10,095
Jun 20243,05478.082.63$8,044
May 20243,84878.812.20$8,460
Apr 20243,74384.451.66$6,210
Mar 20244,46080.301.55$6,891
Feb 20244,26176.091.78$7,600
Jan 20244,37073.023.30$14,411
Dec 20234,52371.262.61$11,808
Nov 20234,41777.892.81$12,401
Oct 20234,29585.443.09$13,260
Sep 20234,22689.042.74$11,558
Aug 20234,35980.522.67$11,651
Jul 20234,01174.852.64$10,596
Jun 20234,38568.962.26$9,903
May 20233,84870.622.23$8,571
Apr 20233,70078.122.24$8,280
Mar 20234,44272.852.39$10,630
Feb 20233,63575.112.47$8,963
Jan 20234,32776.533.39$14,659
Dec 20223,03276.415.73$17,371
Nov 20223,61685.005.65$20,417
Oct 20224,72787.185.86$27,718
Sep 20224,93484.888.16$40,280
Aug 20225,17294.529.13$47,206
Jul 20223,822101.587.54$28,826
Jun 20222,565115.097.98$20,462
May 20224,326109.378.43$36,481
Apr 20224,547104.226.84$31,091
Mar 20225,228108.885.08$26,539
Feb 20225,20791.054.86$25,300
Jan 20225,03581.844.54$22,847
Dec 20215,71671.323.90$22,287
Nov 20215,55577.435.24$29,091
Oct 20215,67079.795.71$32,398
Sep 20213,27869.865.35$17,540
Aug 20214,42366.024.22$18,668
Jul 20215,18670.783.98$20,651
Jun 20214,74969.493.38$16,055
May 20214,89263.483.02$14,762
Apr 20214,87560.362.76$13,447
Mar 20215,25961.302.72$14,288
Feb 20213,77157.805.55$20,921
Jan 20215,45950.412.81$15,341
Dec 20204,81244.642.68$12,874
Nov 20204,58038.772.71$12,396
Oct 20203,90836.972.48$9,686
Sep 20205,72937.091.99$11,407
Aug 20205,79539.982.39$13,822
Jul 20205,68638.371.83$10,378
Jun 20205,93034.901.69$10,024
May 20204,05516.921.81$7,359
Apr 20203,53314.751.80$6,375
Mar 20205,25630.341.86$9,756
Feb 20206,20349.881.98$12,286
Jan 20205,96957.252.09$12,504
Dec 20196,09559.012.30$14,045
Nov 20195,83655.302.75$16,053
Oct 20196,34753.472.42$15,350
Sep 20196,06355.052.66$16,111
Aug 20192,29053.112.30$5,277
Jul 201926356.272.46$647
Jun 20192,09752.782.49$5,224
May 20194,64058.482.74$12,715
Apr 20195,46362.632.75$15,027
Mar 20195,80356.803.06$17,769
Feb 20194,02050.852.79$11,225
Jan 20195,77846.033.23$18,652
Dec 20184,39346.594.19$18,387
Nov 20185,07152.934.24$21,487
Oct 20184,61961.443.40$15,696
Sep 20184,34159.543.11$13,492
Aug 20182,39959.403.07$7,357
Jul 20184,48065.142.93$13,135
Jun 20185,52060.183.08$16,985
May 20183,48165.382.90$10,098
Apr 20184,98763.842.90$14,466
Mar 20186,11461.222.79$17,039
Feb 20182,66061.782.77$7,358
Jan 20186,68462.874.01$26,798
Dec 20174,28757.272.92$12,525
Nov 20178,09155.423.12$25,231
Oct 20178,70449.292.98$25,970
Sep 20178,50347.523.09$26,251
Aug 20178,91145.373.00$26,772
Jul 20178,84743.873.09$27,313
Jun 20178,34342.493.09$25,757
May 20177,98945.373.26$26,071
Apr 20177,87447.933.21$25,288
Mar 20178,34746.772.98$24,905
Feb 20177,63350.452.95$22,537
Jan 20178,51549.413.42$29,111
Dec 20168,98148.763.72$33,435
Nov 20168,79942.492.64$23,268
Oct 20169,75446.193.09$30,142
Sep 20169,59341.553.10$29,744
Aug 20168,76941.442.92$25,644
Jul 20168,81141.622.92$25,766
Jun 201610,15645.352.69$27,277
May 201611,61342.521.99$23,122
Apr 20167,78636.561.99$15,502
Mar 20169,75433.011.79$17,499
Feb 20168,98626.472.06$18,544
Jan 20169,31027.352.36$22,012
Dec 20156,16732.362.00$12,343
Nov 20159,72038.792.17$21,066
Oct 201511,66443.552.43$28,304
Sep 201511,21742.992.76$30,941
Aug 201511,77140.162.87$33,812
Jul 201511,00848.152.95$32,419
Jun 20159,84256.152.88$28,373
May 20159,64555.212.96$28,505
Apr 20159,94049.822.71$26,903
Mar 201510,85642.892.93$31,859
Feb 20159,99444.662.98$29,744
Jan 201511,40443.433.10$35,360
Dec 201411,44454.693.59$41,100
Nov 201411,28370.464.25$47,974
Oct 201411,19178.303.90$43,656
Sep 20149,63386.164.05$38,970
Aug 201410,89489.394.04$43,959
Jul 20142,21096.564.18$9,237
Jun 2014098.164.74$0
May 20145,71094.734.73$26,989
Apr 20145,81295.944.81$27,951
Mar 20147,98495.895.06$40,373
Feb 20147,20497.406.19$44,607
Jan 20147,77690.404.86$37,797
Dec 20133,72191.824.35$16,203
Nov 201320788.853.74$774
Oct 20132,01197.423.78$7,600
Sep 20136,355104.113.72$23,626
Aug 20139,727104.253.52$34,264
Jul 201312,746102.523.72$47,386
Jun 20138,12694.403.93$31,963
May 20138,58994.834.15$35,636
Apr 20138,63793.964.28$36,989
Mar 20139,91793.623.91$38,804
Feb 201310,40991.233.42$35,598
Jan 201310,83391.603.42$37,048
Dec 201212,35686.773.42$42,260
Nov 201210,55986.953.62$38,276
Oct 201212,81989.383.40$43,581
Sep 201214,38094.672.92$41,967
Aug 201213,68392.662.91$39,792
Jul 201214,80885.133.02$44,732
Jun 201216,87279.822.52$42,501
May 201218,58791.612.49$46,250
Apr 201218,408101.652.00$36,757
Mar 201213,811105.052.22$30,689
Feb 201213,620101.102.57$35,007
Jan 201213,87598.092.73$37,935
Dec 201118,18696.873.24$58,918
Nov 201119,84895.723.31$65,722
Oct 201120,92284.983.65$76,335
Sep 201121,41783.623.99$85,364
Aug 201123,41683.404.15$97,160
Jul 201122,89094.144.52$103,400
Jun 201115,32992.904.64$71,125
May 201118,22098.134.40$80,256
Apr 201126,908105.964.33$116,600
Mar 201121,26796.364.06$86,287
Feb 201116,30685.644.18$68,159
Jan 201115,18786.504.59$69,690
Dec 201011,11585.734.35$48,325
Nov 20101,01480.843.80$3,848
Oct 20106,39178.103.51$22,425
Sep 201024,07572.633.98$95,806
Aug 201019,56473.684.42$86,460
Jul 201017,84872.554.74$84,537
Jun 201018,74770.364.91$92,055
May 201021,74671.124.24$92,099
Apr 201022,75881.694.12$93,824
Mar 201022,26078.394.39$97,692
Feb 201010,14773.585.44$55,224
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200959574.593.75$2,232
Oct 200920,29972.544.11$83,434
Sep 200918,56265.543.06$56,888
Aug 200921,48267.423.22$69,140
Jul 200920,78061.133.46$71,992
Jun 200917,39466.163.90$67,750
May 200914,68554.743.93$57,650
Apr 200929,79946.773.59$106,904
Mar 200914,63542.144.06$59,403
Feb 200922,08532.814.63$102,320
Jan 200928,99635.865.37$155,738
Dec 200818,20437.105.98$108,808
Nov 200837,73555.496.86$258,876
Oct 200841,44375.246.92$286,868
Sep 200842,387101.767.88$333,886
Aug 200845,936114.228.48$389,676
Jul 200847,305131.0811.39$538,777
Jun 200849,183131.3313.03$640,984
May 200855,433123.1711.57$641,598
Apr 200856,509110.3110.45$590,794
Mar 200865,777101.909.66$635,674
Feb 200867,15492.538.77$588,980
Jan 200871,76690.388.21$588,892
Dec 200782,59288.337.30$603,084
Nov 200737,28691.677.29$271,878

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                5,062 Mcf  × $  3.05 =    $15,418

────────────────────────────────────────────────────
Month total                                  $15,418

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/242660 is the state's own key, not one this site invented.