RICHESON

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 243277District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Apr 2008 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
218
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition1,445 bbl$95,718
GasProduction1,208,978 Mcf$4,617,817
Total$4,713,535

Every month this lease reported (218)

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

218 months

May 202603,267106.413.05$9,951
Apr 202603,16598.932.87$9,083
Mar 202603,31389.753.15$10,434
Feb 202603,23063.503.75$12,114
Jan 202602,91159.138.00$23,282
Dec 202503,45056.664.41$15,226
Nov 202502,58658.593.93$10,154
Oct 202505,16759.383.30$17,076
Sep 20250062.743.08$0
Aug 202502463.933.01$72
Jul 202502,53366.743.32$8,397
Jun 202503,02966.483.13$9,477
May 202503,21760.553.23$10,398
Apr 202503,10662.363.54$11,005
Mar 202503,13967.704.27$13,398
Feb 202502,71870.884.34$11,798
Jan 202503,18074.324.28$13,606
Dec 202403,19968.993.12$9,985
Nov 202403,06269.052.20$6,732
Oct 202403,19771.372.28$7,294
Sep 202403,12269.612.36$7,382
Aug 202402,97775.632.06$6,143
Jul 202403,10779.932.15$6,669
Jun 202403,06578.082.63$8,073
May 202403,31978.812.20$7,297
Apr 202402,66784.451.66$4,425
Mar 202403,02080.301.55$4,666
Feb 202403,05276.091.78$5,444
Jan 202403,04373.023.30$10,035
Dec 202303,20971.262.61$8,378
Nov 202303,40977.892.81$9,571
Oct 202303,37285.443.09$10,410
Sep 202303,21489.042.74$8,790
Aug 202303,57380.522.67$9,550
Jul 202303,49474.852.64$9,230
Jun 202301,72568.962.26$3,896
May 202303,35770.622.23$7,477
Apr 202303,12278.122.24$6,986
Mar 202303,40872.852.39$8,156
Feb 202301,83775.112.47$4,529
Jan 202303,12276.533.39$10,576
Dec 202203,06476.415.73$17,554
Nov 202202,82285.005.65$15,934
Oct 202203,67587.185.86$21,549
Sep 202203,56284.888.16$29,079
Aug 202204,23594.529.13$38,654
Jul 202207,404101.587.54$55,842
Jun 20220438115.097.98$3,494
May 202200109.378.43$0
Apr 2022021104.226.84$144
Mar 202203,032108.885.08$15,392
Feb 202203,16391.054.86$15,369
Jan 202203,37081.844.54$15,292
Dec 202103,43371.323.90$13,386
Nov 202103,36677.435.24$17,627
Oct 202103,57179.795.71$20,404
Sep 202103,40169.865.35$18,198
Aug 202103,61766.024.22$15,266
Jul 202103,74470.783.98$14,909
Jun 202103,42469.493.38$11,575
May 202103,70563.483.02$11,180
Apr 202103,51960.362.76$9,707
Mar 202103,73661.302.72$10,150
Feb 202104,21557.805.55$23,385
Jan 202103,67950.412.81$10,339
Dec 202003,74344.642.68$10,014
Nov 202003,55338.772.71$9,616
Oct 202003,63536.972.48$9,009
Sep 202003,70037.091.99$7,367
Aug 202003,73039.982.39$8,896
Jul 202003,84738.371.83$7,021
Jun 202003,76434.901.69$6,362
May 202004,02416.921.81$7,303
Apr 202003,80314.751.80$6,862
Mar 202003,94830.341.86$7,328
Feb 202003,73849.881.98$7,404
Jan 202003,97457.252.09$8,325
Dec 201903,98959.012.30$9,192
Nov 201903,71655.302.75$10,222
Oct 201903,98653.472.42$9,640
Sep 201903,79655.052.66$10,087
Aug 201903,96453.112.30$9,134
Jul 201904,00256.272.46$9,845
Jun 201903,83252.782.49$9,546
May 201904,04858.482.74$11,093
Apr 201903,82362.632.75$10,516
Mar 201904,10956.803.06$12,582
Feb 201903,70750.852.79$10,351
Jan 201904,17546.033.23$13,478
Dec 2018374,19746.594.19$19,290
Nov 201804,11352.934.24$17,428
Oct 201804,28861.443.40$14,571
Sep 201804,25059.543.11$13,209
Aug 201804,09559.403.07$12,558
Jul 201804,11365.142.93$12,059
Jun 201804,02760.183.08$12,391
May 201803,95665.382.90$11,476
Apr 201804,16763.842.90$12,088
Mar 201804,25761.222.79$11,864
Feb 201803,94461.782.77$10,910
Jan 201804,23162.874.01$16,963
Dec 201704,29857.272.92$12,557
Nov 201704,28955.423.12$13,375
Oct 201704,45649.292.98$13,295
Sep 201704,37047.523.09$13,491
Aug 201783,27145.373.00$10,190
Jul 201704,54243.873.09$14,022
Jun 201704,43442.493.09$13,689
May 201704,51345.373.26$14,728
Apr 201704,48447.933.21$14,401
Mar 20171174,61446.772.98$19,239
Feb 201704,18650.452.95$12,360
Jan 201704,39449.413.42$15,022
Dec 201604,87748.763.72$18,156
Nov 201604,62842.492.64$12,238
Oct 201604,85146.193.09$14,991
Sep 201604,64741.553.10$14,409
Aug 201604,78741.442.92$13,999
Jul 201604,78441.622.92$13,990
Jun 201604,64445.352.69$12,473
May 201604,82542.521.99$9,607
Apr 201604,78336.561.99$9,523
Mar 201605,21133.011.79$9,349
Feb 201604,75026.472.06$9,802
Jan 201605,38427.352.36$12,730
Dec 201505,38432.362.00$10,776
Nov 201504,96638.792.17$10,763
Oct 201504,78243.552.43$11,604
Sep 201504,62442.992.76$12,755
Aug 201505,34840.162.87$15,362
Jul 2015675,17248.152.95$18,458
Jun 201505,51956.152.88$15,911
May 201505,78455.212.96$17,094
Apr 201505,83249.822.71$15,785
Mar 201505,72042.892.93$16,787
Feb 201504,58344.662.98$13,640
Jan 201505,36543.433.10$16,635
Dec 201405,36554.693.59$19,268
Nov 201405,23770.464.25$22,267
Oct 201405,46378.303.90$21,311
Sep 201405,28886.164.05$21,392
Aug 201405,60189.394.04$22,601
Jul 201405,64596.564.18$23,594
Jun 201405,42298.164.74$25,683
May 201405,59494.734.73$26,440
Apr 201405,45195.944.81$26,215
Mar 201405,91195.895.06$29,891
Feb 20141185,19597.406.19$43,661
Jan 201405,61990.404.86$27,312
Dec 201305,40291.824.35$23,523
Nov 201305,99088.853.74$22,392
Oct 201306,18697.423.78$23,379
Sep 201306,012104.113.72$22,351
Aug 201306,274104.253.52$22,101
Jul 201306,405102.523.72$23,812
Jun 201306,22394.403.93$24,478
May 201306,61594.834.15$27,446
Apr 201306,42493.964.28$27,511
Mar 201306,65693.623.91$26,044
Feb 2013116,29591.233.42$22,532
Jan 2013576,87791.603.42$28,740
Dec 2012376,10386.773.42$24,084
Nov 201206,58186.953.62$23,856
Oct 201206,88989.383.40$23,420
Sep 201206,71294.672.92$19,588
Aug 201207,03492.662.91$20,456
Jul 201207,12485.133.02$21,520
Jun 201207,00979.822.52$17,656
May 201207,13391.612.49$17,749
Apr 201206,583101.652.00$13,145
Mar 201207,225105.052.22$16,055
Feb 201206,967101.102.57$17,907
Jan 2012997,11898.092.73$29,172
Dec 201107,47896.873.24$24,227
Nov 201107,77795.723.31$25,752
Oct 201107,76584.983.65$28,331
Sep 201107,32883.623.99$29,208
Aug 201105,86683.404.15$24,340
Jul 201108,16294.144.52$36,870
Jun 201108,22792.904.64$38,172
May 201108,49998.134.40$37,437
Apr 201104,494105.964.33$19,474
Mar 2011998,95196.364.06$45,857
Feb 2011288,15985.644.18$36,502
Jan 201109,18486.504.59$42,143
Dec 201009,51185.734.35$41,351
Nov 201009,25380.843.80$35,118
Oct 201009,62878.103.51$33,784
Sep 201008,22572.633.98$32,731
Aug 20101079,55073.684.42$50,089
Jul 201009,99272.554.74$47,327
Jun 201009,73370.364.91$47,793
May 2010010,27171.124.24$43,500
Apr 2010010,86281.694.12$44,781
Mar 2010011,26378.394.39$49,430
Feb 2010739,75673.585.44$58,467
Jan 2010010,25774.365.96$61,174
Dec 20091111,17071.445.48$62,039
Nov 2009811,40974.593.75$43,398
Oct 2009712,49472.544.11$51,861
Sep 200919610,76765.543.06$45,844
Aug 2009614,20767.423.22$46,130
Jul 2009414,78261.133.46$51,457
Jun 2009714,96366.163.90$58,744
May 2009717,24454.743.93$68,079
Apr 20091416,08146.773.59$58,345
Mar 20091216,21842.144.06$66,335
Feb 200921921,53232.814.63$106,943
Jan 20091825,23035.865.37$136,156
Dec 20083229,22037.105.98$175,839
Nov 20083935,86055.496.86$248,177
Oct 200878,73475.246.92$60,983
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,267 Mcf  × $  3.05 =     $9,951

────────────────────────────────────────────────────
Month total                                   $9,951

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/243277 is the state's own key, not one this site invented.