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 245844District 09Field 65280200GasSaveExport
Value, all time
$4.2 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
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
GasProduction940,062 Mcf$4,154,493
Total$4,154,493

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 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 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 2016127.352.36$2
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 201597043.552.43$2,354
Sep 20152,30842.992.76$6,366
Aug 201577040.162.87$2,212
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 201539144.662.98$1,164
Jan 20155,11243.433.10$15,850
Dec 20141,71454.693.59$6,156
Nov 20147,52670.464.25$31,999
Oct 20147,97778.303.90$31,118
Sep 20145,60786.164.05$22,683
Aug 20141,44589.394.04$5,831
Jul 20147,93796.564.18$33,173
Jun 20147,77798.164.74$36,839
May 20145,51794.734.73$26,076
Apr 20141,51095.944.81$7,262
Mar 20145,31095.895.06$26,852
Feb 201479497.406.19$4,916
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201397897.423.78$3,696
Sep 20133,676104.113.72$13,666
Aug 20130104.253.52$0
Jul 2013137102.523.72$509
Jun 201399494.403.93$3,910
May 20135,17694.834.15$21,476
Apr 20136,87693.964.28$29,447
Mar 20137,68893.623.91$30,082
Feb 20136,66991.233.42$22,807
Jan 20136,32391.603.42$21,624
Dec 20128,89586.773.42$30,422
Nov 201211,37486.953.62$41,230
Oct 201211,70289.383.40$39,783
Sep 20123,29794.672.92$9,622
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 20122,65279.822.52$6,680
May 20129,16591.612.49$22,805
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 20111,09584.983.65$3,995
Sep 201110,70783.623.99$42,676
Aug 20111,17383.404.15$4,867
Jul 20112,40594.144.52$10,864
Jun 201113,74292.904.64$63,761
May 201115,38398.134.40$67,759
Apr 201116,688105.964.33$72,314
Mar 201114,38696.364.06$58,369
Feb 201118,08785.644.18$75,603
Jan 20113,46186.504.59$15,882
Dec 201019,10085.734.35$83,042
Nov 201018,93780.843.80$71,872
Oct 201020,55978.103.51$72,139
Sep 201018,48072.633.98$73,541
Aug 201020,80973.684.42$91,962
Jul 201020,43172.554.74$96,771
Jun 201012,64770.364.91$62,102
May 201022,75871.124.24$96,385
Apr 201021,63281.694.12$89,182
Mar 201024,06778.394.39$105,622
Feb 201020,48373.585.44$111,476
Jan 201020,88174.365.96$124,536
Dec 200917,74871.445.48$97,326
Nov 200919,98674.593.75$74,977
Oct 200921,86572.544.11$89,871
Sep 200923,81565.543.06$72,987
Aug 200926,17667.423.22$84,247
Jul 200928,30361.133.46$98,056
Jun 200928,74766.163.90$111,970
May 200930,49354.743.93$119,708
Apr 200932,56246.773.59$116,816
Mar 200936,92942.144.06$149,895
Feb 200936,98232.814.63$171,338
Jan 200947,14935.865.37$253,237
Dec 200852,94937.105.98$316,484
Nov 200850,17955.496.86$344,246

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 2016 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.36 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/245844 is the state's own key, not one this site invented.