LEGEND, LARRY UNIT

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 244920District 09Field 65280200GasSaveExport
Value, all time
$8.7 M
Jun 2008 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
216
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
GasProduction2,252,171 Mcf$8,672,324
Total$8,672,324

Every month this lease reported (216)

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

216 months

May 20261,958106.413.05$5,964
Apr 20262,00398.932.87$5,748
Mar 20262,04889.753.15$6,450
Feb 202695763.503.75$3,589
Jan 20261,08659.138.00$8,686
Dec 20251,34656.664.41$5,940
Nov 20251,66158.593.93$6,522
Oct 20252,60059.383.30$8,593
Sep 20252,61862.743.08$8,055
Aug 20252,51663.933.01$7,585
Jul 202550766.743.32$1,681
Jun 20252,35466.483.13$7,365
May 20252,43360.553.23$7,864
Apr 20252,37562.363.54$8,415
Mar 20252,27367.704.27$9,702
Feb 20252,35870.884.34$10,236
Jan 20252,98174.324.28$12,755
Dec 20243,96368.993.12$12,370
Nov 20242,81969.052.20$6,197
Oct 20241,65971.372.28$3,785
Sep 20241,86169.612.36$4,400
Aug 20242,02575.632.06$4,179
Jul 20242,55579.932.15$5,485
Jun 20242,31078.082.63$6,084
May 20242,42178.812.20$5,322
Apr 20241,75884.451.66$2,917
Mar 202490580.301.55$1,398
Feb 20241,90176.091.78$3,391
Jan 20241,20073.023.30$3,957
Dec 202397771.262.61$2,551
Nov 20231,61477.892.81$4,531
Oct 20232,39485.443.09$7,391
Sep 20232,65289.042.74$7,253
Aug 20232,07380.522.67$5,541
Jul 20232,89574.852.64$7,648
Jun 20232,14468.962.26$4,842
May 20233,14870.622.23$7,012
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 20231,43976.533.39$4,875
Dec 20221,35676.415.73$7,769
Nov 202210885.005.65$610
Oct 20222,04487.185.86$11,986
Sep 20221,26684.888.16$10,335
Aug 20222,54894.529.13$23,256
Jul 20222,727101.587.54$20,567
Jun 20223,864115.097.98$30,824
May 20224,851109.378.43$40,909
Apr 20224,955104.226.84$33,880
Mar 20224,188108.885.08$21,260
Feb 20221,82391.054.86$8,858
Jan 20221,20781.844.54$5,477
Dec 20213,23471.323.90$12,610
Nov 20211,97477.435.24$10,338
Oct 202149079.795.71$2,800
Sep 20212,05869.865.35$11,012
Aug 202156566.024.22$2,385
Jul 20213,70170.783.98$14,738
Jun 20212,05469.493.38$6,944
May 20214,59163.483.02$13,854
Apr 20214,41660.362.76$12,181
Mar 20213,11061.302.72$8,450
Feb 20211,22357.805.55$6,785
Jan 20212,94450.412.81$8,273
Dec 20202,19744.642.68$5,878
Nov 20202,96538.772.71$8,025
Oct 20203,00636.972.48$7,450
Sep 202067437.091.99$1,342
Aug 20201,21839.982.39$2,905
Jul 2020038.371.83$0
Jun 20201,05734.901.69$1,787
May 202047316.921.81$858
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 20201,26449.881.98$2,504
Jan 20202,40657.252.09$5,040
Dec 201946059.012.30$1,060
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201913355.052.66$353
Aug 2019053.112.30$0
Jul 20192,40756.272.46$5,921
Jun 20195,30552.782.49$13,216
May 20196,27158.482.74$17,185
Apr 20194,17562.632.75$11,484
Mar 2019056.803.06$0
Feb 20195,50550.852.79$15,371
Jan 20196,29046.033.23$20,305
Dec 20184,88446.594.19$20,442
Nov 20185,12752.934.24$21,724
Oct 20187,58061.443.40$25,757
Sep 20186,64759.543.11$20,659
Aug 20187,83659.403.07$24,030
Jul 20185,13865.142.93$15,064
Jun 20186,57260.183.08$20,222
May 20183,98365.382.90$11,554
Apr 20188,41163.842.90$24,399
Mar 20188,33061.222.79$23,214
Feb 20187,76861.782.77$21,487
Jan 20187,73062.874.01$30,992
Dec 20175,58757.272.92$16,323
Nov 20176,61755.423.12$20,634
Oct 20179,63749.292.98$28,754
Sep 20175,34547.523.09$16,502
Aug 20179,56945.373.00$28,749
Jul 20178,90343.873.09$27,486
Jun 20179,28642.493.09$28,668
May 201710,27845.373.26$33,541
Apr 20179,08647.933.21$29,181
Mar 20179,96746.772.98$29,738
Feb 20179,56150.452.95$28,230
Jan 20178,51949.413.42$29,125
Dec 20169,95048.763.72$37,042
Nov 20167,88742.492.64$20,856
Oct 20168,39246.193.09$25,933
Sep 20169,02941.553.10$27,996
Aug 20168,96041.442.92$26,202
Jul 20168,47341.622.92$24,778
Jun 201611,22845.352.69$30,157
May 20167,51942.521.99$14,971
Apr 20168,37336.561.99$16,671
Mar 20169,59033.011.79$17,205
Feb 20169,57226.472.06$19,753
Jan 201610,55327.352.36$24,951
Dec 201510,41032.362.00$20,835
Nov 20156,97438.792.17$15,115
Oct 20159,83643.552.43$23,868
Sep 201510,47942.992.76$28,905
Aug 20155,34340.162.87$15,348
Jul 20159,02948.152.95$26,591
Jun 20156,14356.152.88$17,709
May 201541355.212.96$1,221
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 20159,21544.662.98$27,426
Jan 201511,18143.433.10$34,668
Dec 201411,38254.693.59$40,877
Nov 201411,18370.464.25$47,548
Oct 201411,19778.303.90$43,679
Sep 201411,55486.164.05$46,741
Aug 201412,31989.394.04$49,709
Jul 201413,32796.564.18$55,702
Jun 201413,05798.164.74$61,849
May 201410,24494.734.73$48,419
Apr 20144,49195.944.81$21,598
Mar 20145,22695.895.06$26,427
Feb 20143,17097.406.19$19,629
Jan 20147,63190.404.86$37,092
Dec 20137,92891.824.35$34,522
Nov 20133,19188.853.74$11,929
Oct 20135,14997.423.78$19,460
Sep 20136,231104.113.72$23,165
Aug 20133,161104.253.52$11,135
Jul 20131,235102.523.72$4,591
Jun 20135,58894.403.93$21,980
May 20136,83194.834.15$28,342
Apr 20132,90793.964.28$12,449
Mar 20132,68593.623.91$10,506
Feb 20139091.233.42$308
Jan 20133,53991.603.42$12,103
Dec 2012086.773.42$0
Nov 20121,94086.953.62$7,032
Oct 20125,44289.383.40$18,501
Sep 2012094.672.92$0
Aug 201212,13692.662.91$35,293
Jul 201211,04185.133.02$33,353
Jun 20125,06579.822.52$12,759
May 20129,27591.612.49$23,079
Apr 20124,712101.652.00$9,409
Mar 201210,726105.052.22$23,834
Feb 201214,262101.102.57$36,657
Jan 201216,05098.092.73$43,882
Dec 201115,47796.873.24$50,141
Nov 201118,33495.723.31$60,709
Oct 201119,98384.983.65$72,909
Sep 201120,09183.623.99$80,079
Aug 201122,52083.404.15$93,443
Jul 201125,37794.144.52$114,634
Jun 201126,06992.904.64$120,957
May 201124,29098.134.40$106,993
Apr 201127,208105.964.33$117,900
Mar 201129,56096.364.06$119,935
Feb 201126,48385.644.18$110,698
Jan 201128,63986.504.59$131,418
Dec 201030,18985.734.35$131,254
Nov 201031,10880.843.80$118,065
Oct 201032,72478.103.51$114,825
Sep 201031,47672.633.98$125,258
Aug 201030,55273.684.42$135,020
Jul 201034,88172.554.74$165,214
Jun 201036,34570.364.91$178,468
May 201039,08671.124.24$165,538
Apr 201038,28481.694.12$157,833
Mar 201041,87778.394.39$183,784
Feb 201039,50173.585.44$214,979
Jan 201045,23974.365.96$269,809
Dec 200946,81871.445.48$256,738
Nov 200947,55674.593.75$178,406
Oct 200952,36172.544.11$215,217
Sep 200966,25065.543.06$203,040
Aug 200941,88767.423.22$134,813
Jul 200959,48061.133.46$206,068
Jun 200970,48566.163.90$274,539
May 200979,83954.743.93$313,428
Apr 200986,58046.773.59$310,606
Mar 2009107,67242.144.06$437,041
Feb 200967,18532.814.63$311,268
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$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
Gas                1,958 Mcf  × $  3.05 =     $5,964

────────────────────────────────────────────────────
Month total                                   $5,964

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/244920 is the state's own key, not one this site invented.