MASONIC

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 245080District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Jan 2008 – Jul 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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
GasProduction716,701 Mcf$4,284,975
Total$4,284,975

Every month this lease reported (187)

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

187 months

Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
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 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
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 20162,43442.492.64$6,436
Oct 20165,73846.193.09$17,732
Sep 20164,32341.553.10$13,404
Aug 20164,32241.442.92$12,639
Jul 20164,36341.622.92$12,759
Jun 20163,22945.352.69$8,673
May 20163,86642.521.99$7,697
Apr 20164,90336.561.99$9,762
Mar 20165,12733.011.79$9,198
Feb 20165,09726.472.06$10,518
Jan 20164,87327.352.36$11,522
Dec 20155,63332.362.00$11,274
Nov 20153,97738.792.17$8,619
Oct 201520543.552.43$497
Sep 2015042.992.76$0
Aug 20154,46840.162.87$12,834
Jul 20154,72248.152.95$13,907
Jun 20155,92356.152.88$17,075
May 20154,61155.212.96$13,628
Apr 20154,76949.822.71$12,908
Mar 201561042.892.93$1,790
Feb 20155,04244.662.98$15,006
Jan 20155,64743.433.10$17,509
Dec 20145,89854.693.59$21,182
Nov 20145,71770.464.25$24,308
Oct 20146,34678.303.90$24,755
Sep 20146,35486.164.05$25,705
Aug 20146,76389.394.04$27,290
Jul 201471596.564.18$2,988
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 201292279.822.52$2,323
May 20121,38291.612.49$3,439
Apr 20121,808101.652.00$3,610
Mar 20123,429105.052.22$7,620
Feb 20122,876101.102.57$7,392
Jan 20122,98798.092.73$8,167
Dec 20111,86196.873.24$6,029
Nov 20113,28295.723.31$10,868
Oct 201196184.983.65$3,506
Sep 201174183.623.99$2,953
Aug 20115,41783.404.15$22,477
Jul 20112,19094.144.52$9,893
Jun 20113,38992.904.64$15,725
May 20114,64998.134.40$20,478
Apr 20114,629105.964.33$20,059
Mar 20116,07796.364.06$24,656
Feb 20115,88585.644.18$24,599
Jan 20115,88186.504.59$26,987
Dec 20107,22585.734.35$31,412
Nov 20106,30980.843.80$23,945
Oct 20105,71878.103.51$20,064
Sep 20101,44572.633.98$5,750
Aug 20102,33273.684.42$10,306
Jul 20103,95672.554.74$18,738
Jun 20105,19370.364.91$25,500
May 20106,52671.124.24$27,639
Apr 20107,96481.694.12$32,833
Mar 201010,02778.394.39$44,005
Feb 20107,35473.585.44$40,023
Jan 20107,80274.365.96$46,532
Dec 200912,87771.445.48$70,614
Nov 200912,69574.593.75$47,625
Oct 200913,14972.544.11$54,046
Sep 200913,81265.543.06$42,330
Aug 200915,19267.423.22$48,895
Jul 200915,20261.133.46$52,667
Jun 20098,87966.163.90$34,584
May 200914,51154.743.93$56,967
Apr 200916,21646.773.59$58,175
Mar 200915,47742.144.06$62,821
Feb 200913,77932.814.63$63,838
Jan 200917,28835.865.37$92,854
Dec 200819,74437.105.98$118,013
Nov 200817,52255.496.86$120,207
Oct 200819,74075.246.92$136,640
Sep 200822,950101.767.88$180,779
Aug 200825,681114.228.48$217,852
Jul 200812,900131.0811.39$146,924
Jun 200824,973131.3313.03$325,464
May 200822,582123.1711.57$261,371
Apr 200830,696110.3110.45$320,922
Mar 200836,808101.909.66$355,715
Feb 200834,49092.538.77$302,497
Jan 200823,64690.388.21$194,033

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.

Nov 2016 — as filed, then multipliedworked
Gas                2,434 Mcf  × $  2.64 =     $6,436

────────────────────────────────────────────────────
Month total                                   $6,436

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/245080 is the state's own key, not one this site invented.