DFW MINTERS

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 245101District 09Field 65280200GasSaveExport
Value, all time
$2.2 M
May 2008 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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
GasProduction372,984 Mcf$2,249,506
Total$2,249,506

Every month this lease reported (138)

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

138 months

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 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 20122,544105.052.22$5,653
Feb 20122,955101.102.57$7,595
Jan 20124,28798.092.73$11,721
Dec 20114,34096.873.24$14,060
Nov 20114,88395.723.31$16,169
Oct 20117,54184.983.65$27,514
Sep 20116,75483.623.99$26,920
Aug 20117,61983.404.15$31,614
Jul 20119,13494.144.52$41,260
Jun 20116,30692.904.64$29,259
May 20118,18698.134.40$36,058
Apr 20118,956105.964.33$38,809
Mar 20111,14896.364.06$4,658
Feb 2011085.644.18$0
Jan 20112,19386.504.59$10,063
Dec 20101,54785.734.35$6,726
Nov 2010080.843.80$0
Oct 20105,22678.103.51$18,337
Sep 20104,66472.633.98$18,560
Aug 20106,77273.684.42$29,928
Jul 201011,25972.554.74$53,328
Jun 201010,45670.364.91$51,343
May 201012,71271.124.24$53,838
Apr 201013,28881.694.12$54,782
Mar 201014,65678.394.39$64,320
Feb 201010,25973.585.44$55,833
Jan 201033774.365.96$2,010
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009465.543.06$12
Aug 20094,89767.423.22$15,761
Jul 200915,10561.133.46$52,331
Jun 200916,92866.163.90$65,935
May 20096,81154.743.93$26,738
Apr 20093,55346.773.59$12,746
Mar 20094,42942.144.06$17,977
Feb 200912,73832.814.63$59,015
Jan 200917,74435.865.37$95,303
Dec 200819,22837.105.98$114,928
Nov 20081,43355.496.86$9,831
Oct 20083,03475.246.92$21,001
Sep 200817,917101.767.88$141,134
Aug 200821,528114.228.48$182,622
Jul 200811,612131.0811.39$132,254
Jun 200824,671131.3313.03$321,528
May 200823,330123.1711.57$270,028

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.

Mar 2012 — as filed, then multipliedworked
Gas                2,544 Mcf  × $  2.22 =     $5,653

────────────────────────────────────────────────────
Month total                                   $5,653

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/245101 is the state's own key, not one this site invented.