THORNTON

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 245259District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Dec 2007 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
222
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
GasProduction1,020,672 Mcf$3,460,355
Total$3,460,355

Every month this lease reported (222)

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

222 months

May 20263,228106.413.05$9,832
Apr 20263,21998.932.87$9,238
Mar 20263,26789.753.15$10,289
Feb 20262,65563.503.75$9,957
Jan 20262,18659.138.00$17,483
Dec 20253,29056.664.41$14,520
Nov 20253,52658.593.93$13,845
Oct 20253,66359.383.30$12,106
Sep 20252,78762.743.08$8,575
Aug 202533863.933.01$1,019
Jul 20252,43466.743.32$8,069
Jun 20252,47366.483.13$7,737
May 20253,92060.553.23$12,671
Apr 20255,09762.363.54$18,059
Mar 20253,33667.704.27$14,239
Feb 20253,07370.884.34$13,339
Jan 20254,28174.324.28$18,317
Dec 20244,76768.993.12$14,880
Nov 20241,28569.052.20$2,825
Oct 20241,66971.372.28$3,808
Sep 20243,40369.612.36$8,046
Aug 20245,02875.632.06$10,376
Jul 20243,09479.932.15$6,642
Jun 20243,48878.082.63$9,187
May 20244,03178.812.20$8,862
Apr 20243,82684.451.66$6,348
Mar 20244,10980.301.55$6,349
Feb 20244,08776.091.78$7,290
Jan 20244,28373.023.30$14,124
Dec 20234,34471.262.61$11,341
Nov 20231,85977.892.81$5,219
Oct 202311385.443.09$349
Sep 20234,17789.042.74$11,424
Aug 20233,23680.522.67$8,649
Jul 20233,40274.852.64$8,987
Jun 20233,64968.962.26$8,241
May 20234,65170.622.23$10,360
Apr 20234,44778.122.24$9,951
Mar 20234,31272.852.39$10,319
Feb 20231,59875.112.47$3,940
Jan 20233,15676.533.39$10,692
Dec 20223,42376.415.73$19,611
Nov 20223,29085.005.65$18,576
Oct 20223,80087.185.86$22,282
Sep 20223,70284.888.16$30,222
Aug 20223,94294.529.13$35,979
Jul 20223,606101.587.54$27,197
Jun 20224,625115.097.98$36,895
May 20225,137109.378.43$43,321
Apr 20225,111104.226.84$34,947
Mar 20225,141108.885.08$26,098
Feb 20223,71291.054.86$18,036
Jan 20224,03081.844.54$18,287
Dec 20214,76071.323.90$18,560
Nov 20215,78977.435.24$30,316
Oct 20216,11779.795.71$34,952
Sep 20216,23769.865.35$33,374
Aug 20216,57466.024.22$27,746
Jul 20216,75870.783.98$26,911
Jun 20216,64669.493.38$22,468
May 20217,37863.483.02$22,264
Apr 20217,62960.362.76$21,044
Mar 20218,43561.302.72$22,917
Feb 20217,70957.805.55$42,769
Jan 20219,71250.412.81$27,293
Dec 202010,43844.642.68$27,926
Nov 20209,95238.772.71$26,936
Oct 20205,22836.972.48$12,957
Sep 202052737.091.99$1,049
Aug 202018339.982.39$436
Jul 202060138.371.83$1,097
Jun 202066134.901.69$1,117
May 2020216.921.81$4
Apr 2020014.751.80$0
Mar 202010130.341.86$187
Feb 20201,14849.881.98$2,274
Jan 2020057.252.09$0
Dec 20191,80859.012.30$4,166
Nov 20192,63555.302.75$7,248
Oct 20192,83453.472.42$6,854
Sep 20192,61055.052.66$6,936
Aug 201990053.112.30$2,074
Jul 201931656.272.46$777
Jun 20192,26252.782.49$5,635
May 20192,76458.482.74$7,574
Apr 20193,19462.632.75$8,786
Mar 20193,58856.803.06$10,987
Feb 20192,39250.852.79$6,679
Jan 20192,09046.033.23$6,747
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 20182,43463.842.90$7,061
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 20171,13247.523.09$3,495
Aug 20172,83045.373.00$8,502
Jul 20174,74043.873.09$14,634
Jun 20174,39942.493.09$13,581
May 20174,33245.373.26$14,137
Apr 20174,68847.933.21$15,056
Mar 20174,56046.772.98$13,606
Feb 20171,97850.452.95$5,840
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 20163,25642.492.64$8,610
Oct 20162,79646.193.09$8,640
Sep 20164,55341.553.10$14,117
Aug 20163,77341.442.92$11,034
Jul 20163,46241.622.92$10,124
Jun 20164,55845.352.69$12,242
May 20165,08642.521.99$10,126
Apr 20164,73636.561.99$9,430
Mar 20163,26533.011.79$5,857
Feb 20165,27426.472.06$10,884
Jan 20166,33027.352.36$14,966
Dec 20156,84132.362.00$13,692
Nov 20156,17038.792.17$13,372
Oct 20156,24443.552.43$15,152
Sep 20156,73342.992.76$18,572
Aug 20157,26540.162.87$20,869
Jul 20157,53148.152.95$22,179
Jun 20157,62356.152.88$21,976
May 20157,27855.212.96$21,510
Apr 20157,40549.822.71$20,042
Mar 20158,07342.892.93$23,692
Feb 20157,29344.662.98$21,705
Jan 20157,75843.433.10$24,055
Dec 20148,45754.693.59$30,372
Nov 20148,51070.464.25$36,183
Oct 20149,00578.303.90$35,128
Sep 20148,87986.164.05$35,919
Aug 20149,47589.394.04$38,233
Jul 20149,62196.564.18$40,212
Jun 20149,39198.164.74$44,484
May 201410,26094.734.73$48,495
Apr 201410,14695.944.81$48,793
Mar 201410,28195.895.06$51,989
Feb 20149,51497.406.19$58,911
Jan 20148,14990.404.86$39,610
Dec 20137,11591.824.35$30,982
Nov 20138,29988.853.74$31,024
Oct 20137,71797.423.78$29,165
Sep 20138,621104.113.72$32,051
Aug 20139,607104.253.52$33,842
Jul 201311,294102.523.72$41,988
Jun 201312,08094.403.93$47,516
May 201312,88794.834.15$53,469
Apr 201313,27693.964.28$56,856
Mar 201314,33693.623.91$56,095
Feb 201313,94891.233.42$47,701
Jan 201315,67991.603.42$53,621
Dec 201217,40686.773.42$59,531
Nov 201217,86286.953.62$64,749
Oct 201216,16989.383.40$54,969
Sep 201219,38694.672.92$56,576
Aug 201220,82192.662.91$60,551
Jul 201223,13385.133.02$69,880
Jun 201224,01779.822.52$60,500
May 201228,61191.612.49$71,193
Apr 201231,309101.652.00$62,518
Mar 201239,971105.052.22$88,819
Feb 201237,364101.102.57$96,034
Jan 2012098.092.73$0
Dec 20111,75596.873.24$5,686
Nov 20111,03495.723.31$3,424
Oct 2011084.983.65$0
Sep 20115,51583.623.99$21,982
Aug 20111,09283.404.15$4,531
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
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
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$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                3,228 Mcf  × $  3.05 =     $9,832

────────────────────────────────────────────────────
Month total                                   $9,832

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/245259 is the state's own key, not one this site invented.