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 245906District 09Field 65280200GasSaveExport
Value, all time
$5.7 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
GasProduction1,376,807 Mcf$5,742,415
Total$5,742,415

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 20181,53663.842.90$4,456
Mar 20181,01961.222.79$2,840
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201741157.272.92$1,201
Nov 201792355.423.12$2,878
Oct 20171,71249.292.98$5,108
Sep 20171,97247.523.09$6,088
Aug 20171,46145.373.00$4,389
Jul 20171,99043.873.09$6,144
Jun 201731042.493.09$957
May 2017045.373.26$0
Apr 20171,30947.933.21$4,204
Mar 20171,35446.772.98$4,040
Feb 20171,52550.452.95$4,503
Jan 2017049.413.42$0
Dec 201651048.763.72$1,899
Nov 20161,32142.492.64$3,493
Oct 20161,85046.193.09$5,717
Sep 20161,71341.553.10$5,311
Aug 20162,06141.442.92$6,027
Jul 20161,63541.622.92$4,781
Jun 20162,00645.352.69$5,388
May 20161,84842.521.99$3,679
Apr 20167,60236.561.99$15,136
Mar 20162,84333.011.79$5,100
Feb 20165,80426.472.06$11,977
Jan 20165,15927.352.36$12,198
Dec 20154,64232.362.00$9,291
Nov 20153,43938.792.17$7,453
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 20156,21055.212.96$18,353
Apr 201510,06449.822.71$27,239
Mar 20153,37442.892.93$9,902
Feb 20154,02644.662.98$11,982
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 20142,70186.164.05$10,927
Aug 20142,37989.394.04$9,600
Jul 2014096.564.18$0
Jun 20142,17798.164.74$10,312
May 201413,35494.734.73$63,118
Apr 201415,25595.944.81$73,363
Mar 201412,71795.895.06$64,307
Feb 201414,43897.406.19$89,400
Jan 201415,21890.404.86$73,970
Dec 20135,19391.824.35$22,613
Nov 201310,79988.853.74$40,370
Oct 20139,68597.423.78$36,603
Sep 20138,993104.113.72$33,434
Aug 201310,807104.253.52$38,069
Jul 201318,350102.523.72$68,221
Jun 201318,41294.403.93$72,422
May 20139,12994.834.15$37,877
Apr 20138,24593.964.28$35,310
Mar 20137,99493.623.91$31,279
Feb 20135,29591.233.42$18,108
Jan 2013091.603.42$0
Dec 20127,31686.773.42$25,022
Nov 20124,95186.953.62$17,947
Oct 201249989.383.40$1,696
Sep 20121,86894.672.92$5,452
Aug 20129,95992.662.91$28,962
Jul 201213,05285.133.02$39,427
Jun 201218,76379.822.52$47,265
May 201214,22891.612.49$35,404
Apr 201219,696101.652.00$39,329
Mar 201222,023105.052.22$48,937
Feb 201217,182101.102.57$44,162
Jan 201216,12398.092.73$44,082
Dec 201119,75296.873.24$63,991
Nov 201119,97595.723.31$66,143
Oct 201114,21484.983.65$51,860
Sep 2011083.623.99$0
Aug 201111,79983.404.15$48,958
Jul 201121,49894.144.52$97,112
Jun 201119,44392.904.64$90,213
May 201117,19898.134.40$75,754
Apr 201116,030105.964.33$69,462
Mar 201119,45996.364.06$78,952
Feb 201117,01485.644.18$71,118
Jan 20119,20186.504.59$42,221
Dec 201019,47785.734.35$84,681
Nov 201017,57980.843.80$66,718
Oct 201018,62078.103.51$65,336
Sep 201019,01872.633.98$75,682
Aug 201018,03473.684.42$79,699
Jul 201017,13472.554.74$81,155
Jun 201016,22570.364.91$79,671
May 201017,61671.124.24$74,608
Apr 201019,95281.694.12$82,256
Mar 201021,19378.394.39$93,009
Feb 201021,30773.585.44$115,960
Jan 201024,21874.365.96$144,438
Dec 200926,31671.445.48$144,310
Nov 200926,19974.593.75$98,286
Oct 200926,63172.544.11$109,460
Sep 200927,24165.543.06$83,487
Aug 200930,83467.423.22$99,239
Jul 200932,40461.133.46$112,264
Jun 200933,18466.163.90$129,252
May 200937,17254.743.93$145,928
Apr 200936,01146.773.59$129,189
Mar 200943,46842.144.06$176,437
Feb 200943,03332.814.63$199,372
Jan 200954,29735.865.37$291,629
Dec 200863,44037.105.98$379,190
Nov 200862,19155.496.86$426,653

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.

Apr 2018 — as filed, then multipliedworked
Gas                1,536 Mcf  × $  2.90 =     $4,456

────────────────────────────────────────────────────
Month total                                   $4,456

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/245906 is the state's own key, not one this site invented.