WILLIAM RAY

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 245890District 09Field 65280200GasSaveExport
Value, all time
$4.2 M
Nov 2008 – Apr 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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
GasProduction1,088,946 Mcf$4,170,474
Total$4,170,474

Every month this lease reported (210)

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

210 months

Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
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 20194,96356.272.46$12,209
Jun 20199,93052.782.49$24,738
May 201910,39958.482.74$28,497
Apr 201910,55062.632.75$29,020
Mar 201911,95356.803.06$36,601
Feb 201910,50550.852.79$29,332
Jan 201912,00146.033.23$38,741
Dec 201812,19546.594.19$51,041
Nov 201812,05852.934.24$51,093
Oct 201813,50661.443.40$45,894
Sep 201811,28159.543.11$35,061
Aug 201813,19159.403.07$40,451
Jul 201814,86965.142.93$43,594
Jun 201815,35060.183.08$47,231
May 201816,24465.382.90$47,121
Apr 201815,85263.842.90$45,983
Mar 201815,04461.222.79$41,925
Feb 201813,76261.782.77$38,067
Jan 20182,13062.874.01$8,540
Dec 2017057.272.92$0
Nov 201798955.423.12$3,084
Oct 20172,63449.292.98$7,859
Sep 20172,80247.523.09$8,651
Aug 20172,99245.373.00$8,989
Jul 20173,14343.873.09$9,703
Jun 20173,08742.493.09$9,530
May 20173,96045.373.26$12,923
Apr 20172,08547.933.21$6,696
Mar 20173,08246.772.98$9,196
Feb 20173,07550.452.95$9,079
Jan 20174,56649.413.42$15,610
Dec 20163,73848.763.72$13,916
Nov 20164,73642.492.64$12,524
Oct 20164,05046.193.09$12,516
Sep 20164,84141.553.10$15,010
Aug 20164,49141.442.92$13,133
Jul 20164,62341.622.92$13,519
Jun 20164,63045.352.69$12,435
May 20165,14142.521.99$10,236
Apr 20164,68736.561.99$9,332
Mar 20164,90233.011.79$8,794
Feb 20164,81926.472.06$9,945
Jan 20164,43227.352.36$10,479
Dec 20153,74232.362.00$7,489
Nov 20154,35038.792.17$9,428
Oct 20154,51643.552.43$10,958
Sep 20155,86142.992.76$16,167
Aug 20154,50440.162.87$12,938
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 2014295.895.06$10
Feb 20149097.406.19$557
Jan 201412390.404.86$598
Dec 20131,56991.824.35$6,832
Nov 20136488.853.74$239
Oct 20139797.423.78$367
Sep 2013326104.113.72$1,212
Aug 2013281104.253.52$990
Jul 20130102.523.72$0
Jun 20131,56094.403.93$6,136
May 201338194.834.15$1,581
Apr 20132393.964.28$99
Mar 20131,26693.623.91$4,954
Feb 20132,48691.233.42$8,502
Jan 201313,21291.603.42$45,184
Dec 201213,07386.773.42$44,712
Nov 20127,85986.953.62$28,489
Oct 20123,83489.383.40$13,034
Sep 20127,02794.672.92$20,508
Aug 20128,05192.662.91$23,414
Jul 201212,87485.133.02$38,890
Jun 201213,23479.822.52$33,337
May 201213,21591.612.49$32,883
Apr 201214,533101.652.00$29,019
Mar 201216,237105.052.22$36,080
Feb 201215,255101.102.57$39,209
Jan 201217,34898.092.73$47,431
Dec 201117,66896.873.24$57,240
Nov 201117,38295.723.31$57,557
Oct 201118,97984.983.65$69,246
Sep 201111,69683.623.99$46,618
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 201138992.904.64$1,805
May 20112,15698.134.40$9,497
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 20106,49878.103.51$22,801
Sep 201018,32572.633.98$72,924
Aug 201019,38973.684.42$85,687
Jul 201022,51572.554.74$106,642
Jun 201019,93270.364.91$97,874
May 201021,25871.124.24$90,032
Apr 201021,40081.694.12$88,226
Mar 201019,72278.394.39$86,553
Feb 201019,54973.585.44$106,393
Jan 201014,44674.365.96$86,157
Dec 200916,90771.445.48$92,714
Nov 200923,09774.593.75$86,648
Oct 20091,89072.544.11$7,768
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 20094,84161.133.46$16,772
Jun 200934,54066.163.90$134,533
May 200927,14154.743.93$106,549
Apr 200928,72246.773.59$103,040
Mar 200934,36642.144.06$139,492
Feb 200937,38332.814.63$173,195
Jan 200943,31035.865.37$232,618
Dec 200858,77137.105.98$351,282
Nov 200826,39355.496.86$181,065

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.

Jul 2019 — as filed, then multipliedworked
Gas                4,963 Mcf  × $  2.46 =    $12,209

────────────────────────────────────────────────────
Month total                                  $12,209

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/245890 is the state's own key, not one this site invented.