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 243999District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 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
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
CondensateDisposition4 bbl$181
GasProduction1,094,621 Mcf$4,399,039
Total$4,399,221

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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018082662.874.01$3,312
Dec 2017034157.272.92$996
Nov 2017058655.423.12$1,827
Oct 2017081449.292.98$2,429
Sep 2017083647.523.09$2,581
Aug 2017499245.373.00$3,162
Jul 2017097043.873.09$2,995
Jun 2017067242.493.09$2,075
May 201704,02745.373.26$13,142
Apr 201704,94747.933.21$15,888
Mar 201705,54546.772.98$16,545
Feb 201705,59650.452.95$16,523
Jan 201704,62649.413.42$15,815
Dec 201605,06548.763.72$18,856
Nov 201605,66442.492.64$14,978
Oct 201606,04946.193.09$18,693
Sep 201606,19141.553.10$19,196
Aug 201606,03241.442.92$17,640
Jul 201606,23241.622.92$18,224
Jun 201605,59845.352.69$15,035
May 201606,60442.521.99$13,149
Apr 201607,04236.561.99$14,021
Mar 201608,96333.011.79$16,080
Feb 201608,26626.472.06$17,058
Jan 201608,54127.352.36$20,194
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015050243.552.43$1,218
Sep 201504,67642.992.76$12,898
Aug 201505,61840.162.87$16,138
Jul 201503,97448.152.95$11,704
Jun 2015035756.152.88$1,029
May 201505,43355.212.96$16,057
Apr 201506,90049.822.71$18,675
Mar 2015022642.892.93$663
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201404,49454.693.59$16,140
Nov 201406,76770.464.25$28,772
Oct 201407,87678.303.90$30,724
Sep 201401,47386.164.05$5,959
Aug 201402,92589.394.04$11,803
Jul 201403,88096.564.18$16,217
Jun 20140098.164.74$0
May 201403,14194.734.73$14,846
Apr 201403,61095.944.81$17,361
Mar 201401,09995.895.06$5,557
Feb 2014093597.406.19$5,790
Jan 201402,47390.404.86$12,021
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201306,456104.113.72$24,002
Aug 201307,087104.253.52$24,965
Jul 201305,863102.523.72$21,797
Jun 201302,22594.403.93$8,752
May 201309,28394.834.15$38,516
Apr 201309,06293.964.28$38,809
Mar 201307,33993.623.91$28,717
Feb 201305,40391.233.42$18,478
Jan 201302,76591.603.42$9,456
Dec 201206,32886.773.42$21,643
Nov 201206,42286.953.62$23,279
Oct 201207,28689.383.40$24,770
Sep 201208,46294.672.92$24,696
Aug 2012010,54292.662.91$30,658
Jul 2012011,71385.133.02$35,383
Jun 201201,27279.822.52$3,204
May 201203,57891.612.49$8,903
Apr 201206,160101.652.00$12,300
Mar 2012014,608105.052.22$32,460
Feb 2012013,771101.102.57$35,395
Jan 2012018,22098.092.73$49,815
Dec 2011016,01096.873.24$51,868
Nov 2011014,34495.723.31$47,497
Oct 2011014,42784.983.65$52,637
Sep 2011016,65483.623.99$66,380
Aug 2011018,42483.404.15$76,447
Jul 2011013,70594.144.52$61,909
Jun 2011013,54992.904.64$62,866
May 201105,38598.134.40$23,720
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010014,67685.734.35$63,808
Nov 2010014,20380.843.80$53,905
Oct 2010015,37378.103.51$53,942
Sep 2010015,66772.633.98$62,346
Aug 2010017,60073.684.42$77,781
Jul 2010017,49872.554.74$82,879
Jun 2010017,83870.364.91$87,592
May 2010020,33371.124.24$86,115
Apr 2010020,33181.694.12$83,818
Mar 2010021,16978.394.39$92,904
Feb 2010020,25173.585.44$110,213
Jan 2010023,44674.365.96$139,834
Dec 2009024,69571.445.48$135,421
Nov 2009025,09274.593.75$94,133
Oct 2009027,37872.544.11$112,530
Sep 2009027,16165.543.06$83,242
Aug 2009030,68767.423.22$98,766
Jul 2009030,95861.133.46$107,254
Jun 2009029,37566.163.90$114,416
May 2009032,95854.743.93$129,385
Apr 2009031,78346.773.59$114,022
Mar 2009024,37942.144.06$98,954
Feb 2009025,13232.814.63$116,437
Jan 2009031,60735.865.37$169,761
Dec 2008035,45537.105.98$211,920
Nov 2008045,84955.496.86$314,541

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.

Jan 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.87 =         $0
Gas                  826 Mcf  × $  4.01 =     $3,312

────────────────────────────────────────────────────
Month total                                   $3,312

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/243999 is the state's own key, not one this site invented.