MEADOWS

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 243997District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Nov 2008 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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
GasProduction804,081 Mcf$3,537,535
Total$3,537,535

Every month this lease reported (153)

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

153 months

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 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 201826461.443.40$897
Sep 2018059.543.11$0
Aug 201830559.403.07$935
Jul 2018065.142.93$0
Jun 20181,64960.183.08$5,074
May 20183,11965.382.90$9,048
Apr 20182,10063.842.90$6,092
Mar 2018061.222.79$0
Feb 201877261.782.77$2,135
Jan 20183,46862.874.01$13,904
Dec 20179,76657.272.92$28,532
Nov 20179,83755.423.12$30,675
Oct 20176,75049.292.98$20,140
Sep 20176,92147.523.09$21,367
Aug 20176,85245.373.00$20,586
Jul 201712,59043.873.09$38,869
Jun 201711,62642.493.09$35,893
May 20174,78545.373.26$15,615
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 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 20113,15995.723.31$10,460
Oct 20116,06884.983.65$22,139
Sep 20111,91583.623.99$7,633
Aug 2011083.404.15$0
Jul 201113,73094.144.52$62,022
Jun 201115,39892.904.64$71,445
May 20119,85598.134.40$43,410
Apr 201115,735105.964.33$68,184
Mar 201116,71496.364.06$67,814
Feb 201116,07685.644.18$67,197
Jan 20118,66786.504.59$39,771
Dec 201016,66785.734.35$72,464
Nov 201016,56380.843.80$62,862
Oct 201017,92678.103.51$62,900
Sep 201018,18172.633.98$72,351
Aug 201018,14773.684.42$80,198
Jul 201017,49672.554.74$82,870
Jun 20109,85570.364.91$48,392
May 201015,41071.124.24$65,265
Apr 201015,66581.694.12$64,582
Mar 201016,62178.394.39$72,944
Feb 201015,92573.585.44$86,670
Jan 201018,74774.365.96$111,809
Dec 200917,82771.445.48$97,759
Nov 200917,60074.593.75$66,026
Oct 200919,60372.544.11$80,573
Sep 200922,18665.543.06$67,995
Aug 200925,18767.423.22$81,064
Jul 200926,86661.133.46$93,077
Jun 200925,96866.163.90$101,145
May 200925,32754.743.93$99,427
Apr 200931,92846.773.59$114,542
Mar 200933,72542.144.06$136,890
Feb 200932,83332.814.63$152,115
Jan 200941,88335.865.37$224,954
Dec 200847,87537.105.98$286,156
Nov 200849,94955.496.86$342,668

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.

Oct 2018 — as filed, then multipliedworked
Gas                  264 Mcf  × $  3.40 =       $897

────────────────────────────────────────────────────
Month total                                     $897

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/243997 is the state's own key, not one this site invented.