RICHESON

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 245995District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition878 bbl$64,102
GasProduction747,536 Mcf$2,875,002
Total$2,939,105

Every month this lease reported (212)

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

212 months

May 202602,072106.413.05$6,311
Apr 202602,02698.932.87$5,814
Mar 202601,90189.753.15$5,987
Feb 202601,63263.503.75$6,121
Jan 202601,90159.138.00$15,204
Dec 202502,13556.664.41$9,423
Nov 202501,98158.593.93$7,778
Oct 2025098859.383.30$3,265
Sep 202502,18362.743.08$6,717
Aug 202502,33163.933.01$7,027
Jul 202501,66166.743.32$5,507
Jun 202501,84766.483.13$5,779
May 202501,77560.553.23$5,737
Apr 202501,65662.363.54$5,867
Mar 202501,66767.704.27$7,115
Feb 202501,53270.884.34$6,650
Jan 202501,69474.324.28$7,248
Dec 202401,65668.993.12$5,169
Nov 202401,64369.052.20$3,612
Oct 202401,81071.372.28$4,129
Sep 202401,68869.612.36$3,991
Aug 202401,68175.632.06$3,469
Jul 202401,63579.932.15$3,510
Jun 202401,64178.082.63$4,322
May 202401,67278.812.20$3,676
Apr 202401,75184.451.66$2,905
Mar 202401,87680.301.55$2,899
Feb 202401,70476.091.78$3,039
Jan 202401,77373.023.30$5,847
Dec 202301,86571.262.61$4,869
Nov 202301,75377.892.81$4,922
Oct 202301,81985.443.09$5,616
Sep 202301,65889.042.74$4,535
Aug 202301,84280.522.67$4,923
Jul 202301,87074.852.64$4,940
Jun 202301,81068.962.26$4,088
May 202301,75470.622.23$3,907
Apr 202301,70078.122.24$3,804
Mar 202301,79672.852.39$4,298
Feb 202301,67475.112.47$4,128
Jan 202301,83176.533.39$6,203
Dec 202201,81076.415.73$10,370
Nov 202201,78785.005.65$10,090
Oct 202202,13987.185.86$12,543
Sep 202202,18684.888.16$17,846
Aug 202201,98894.529.13$18,145
Jul 202202,019101.587.54$15,227
Jun 202202,035115.097.98$16,234
May 202202,204109.378.43$18,586
Apr 202201,912104.226.84$13,073
Mar 202201,916108.885.08$9,726
Feb 202201,14291.054.86$5,549
Jan 202201,17381.844.54$5,323
Dec 202101,53271.323.90$5,973
Nov 202101,78277.435.24$9,332
Oct 202101,33079.795.71$7,599
Sep 202102,00269.865.35$10,713
Aug 202102,79866.024.22$11,809
Jul 202101,28370.783.98$5,109
Jun 202101,61569.493.38$5,460
May 202101,68963.483.02$5,097
Apr 202101,66060.362.76$4,579
Mar 202102,03861.302.72$5,537
Feb 202102,03357.805.55$11,279
Jan 202101,99050.412.81$5,592
Dec 202001,93744.642.68$5,182
Nov 202002,01438.772.71$5,451
Oct 202001,85636.972.48$4,600
Sep 202001,91337.091.99$3,809
Aug 202002,04339.982.39$4,873
Jul 202002,21338.371.83$4,039
Jun 202002,16634.901.69$3,661
May 202002,28416.921.81$4,145
Apr 202002,21214.751.80$3,991
Mar 202002,31230.341.86$4,292
Feb 202002,17649.881.98$4,310
Jan 202002,34757.252.09$4,916
Dec 201902,27359.012.30$5,238
Nov 201902,25055.302.75$6,189
Oct 201902,48353.472.42$6,005
Sep 201901,86655.052.66$4,958
Aug 201902,27553.112.30$5,242
Jul 201902,37256.272.46$5,835
Jun 201902,30552.782.49$5,742
May 201912,38958.482.74$6,605
Apr 201912,31562.632.75$6,431
Mar 201902,29756.803.06$7,034
Feb 201902,14650.852.79$5,992
Jan 201912,51346.033.23$8,158
Dec 2018212,58146.594.19$11,781
Nov 201802,44852.934.24$10,373
Oct 201802,61961.443.40$8,900
Sep 201802,51459.543.11$7,814
Aug 201802,63659.403.07$8,083
Jul 201802,70965.142.93$7,942
Jun 201802,64260.183.08$8,129
May 201802,82465.382.90$8,192
Apr 201802,66163.842.90$7,719
Mar 201802,59961.222.79$7,243
Feb 201802,37461.782.77$6,567
Jan 201802,85762.874.01$11,455
Dec 201702,37457.272.92$6,936
Nov 201702,61355.423.12$8,148
Oct 201702,46749.292.98$7,361
Sep 201702,47947.523.09$7,653
Aug 201741,73545.373.00$5,394
Jul 201702,70143.873.09$8,339
Jun 201702,64542.493.09$8,166
May 201702,68845.373.26$8,772
Apr 201702,71347.933.21$8,713
Mar 2017722,57746.772.98$11,056
Feb 201702,49450.452.95$7,364
Jan 201702,80149.413.42$9,576
Dec 201602,91148.763.72$10,837
Nov 201602,82142.492.64$7,460
Oct 201602,95946.193.09$9,144
Sep 201602,84841.553.10$8,831
Aug 201602,94541.442.92$8,612
Jul 201602,95741.622.92$8,647
Jun 201602,93045.352.69$7,869
May 201603,05942.521.99$6,091
Apr 201603,01036.561.99$5,993
Mar 201603,19133.011.79$5,725
Feb 201602,92026.472.06$6,026
Jan 201603,41627.352.36$8,077
Dec 201503,28232.362.00$6,569
Nov 201503,24538.792.17$7,033
Oct 201503,39443.552.43$8,236
Sep 201503,34942.992.76$9,238
Aug 201503,54540.162.87$10,183
Jul 2015423,56948.152.95$12,533
Jun 201503,54056.152.88$10,205
May 201503,31855.212.96$9,806
Apr 201503,22249.822.71$8,721
Mar 201503,39342.892.93$9,957
Feb 201503,01244.662.98$8,964
Jan 201503,53543.433.10$10,961
Dec 201403,47054.693.59$12,462
Nov 201403,37970.464.25$14,367
Oct 201403,44878.303.90$13,451
Sep 201403,33886.164.05$13,504
Aug 201403,42489.394.04$13,816
Jul 201403,52896.564.18$14,746
Jun 201403,42198.164.74$16,205
May 201403,49994.734.73$16,538
Apr 201403,36295.944.81$16,168
Mar 201403,56095.895.06$18,002
Feb 2014733,29297.406.19$27,494
Jan 201403,64090.404.86$17,693
Dec 201303,60791.824.35$15,707
Nov 201303,63388.853.74$13,581
Oct 201303,74997.423.78$14,169
Sep 201303,636104.113.72$13,518
Aug 201303,824104.253.52$13,470
Jul 201303,925102.523.72$14,592
Jun 201303,87294.403.93$15,230
May 201303,95594.834.15$16,410
Apr 201303,74493.964.28$16,034
Mar 201303,88093.623.91$15,182
Feb 201373,84891.233.42$13,798
Jan 2013363,80791.603.42$16,317
Dec 2012233,99486.773.42$15,656
Nov 201204,21186.953.62$15,265
Oct 201204,45089.383.40$15,129
Sep 201204,35994.672.92$12,721
Aug 201204,70092.662.91$13,668
Jul 201203,97385.133.02$12,002
Jun 201203,42179.822.52$8,618
May 201204,18891.612.49$10,421
Apr 201204,158101.652.00$8,303
Mar 201204,513105.052.22$10,028
Feb 201204,417101.102.57$11,353
Jan 2012984,56398.092.73$22,088
Dec 201104,46796.873.24$14,472
Nov 201104,78195.723.31$15,831
Oct 201104,89784.983.65$17,867
Sep 201104,69183.623.99$18,697
Aug 201104,38583.404.15$18,195
Jul 201105,23794.144.52$23,657
Jun 201105,32392.904.64$24,698
May 201105,75598.134.40$25,350
Apr 201103,713105.964.33$16,089
Mar 2011985,79796.364.06$32,964
Feb 201106,71785.644.18$28,077
Jan 201106,24886.504.59$28,671
Dec 201006,18185.734.35$26,873
Nov 201005,60180.843.80$21,258
Oct 201006,93178.103.51$24,320
Sep 201006,14472.633.98$24,450
Aug 2010858,10473.684.42$42,077
Jul 201007,60272.554.74$36,007
Jun 201006,34970.364.91$31,176
May 201005,95671.124.24$25,225
Apr 201006,46981.694.12$26,670
Mar 201006,66678.394.39$29,255
Feb 201006,91273.585.44$37,618
Jan 201006,12774.365.96$36,542
Dec 200977,74671.445.48$42,977
Nov 200967,91274.593.75$30,129
Oct 200958,70972.544.11$36,159
Sep 20091957,28865.543.06$35,116
Aug 200949,97167.423.22$32,361
Jul 200927,55261.133.46$26,286
Jun 200949,16566.163.90$35,962
May 200949,31054.743.93$36,768
Apr 2009910,36246.773.59$37,595
Mar 2009810,31942.144.06$42,222
Feb 20091112,45232.814.63$58,051
Jan 20091013,67535.865.37$73,807
Dec 20082019,62637.105.98$118,049
Nov 20082519,39855.496.86$134,465
Oct 200867,18475.246.92$50,179

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,072 Mcf  × $  3.05 =     $6,311

────────────────────────────────────────────────────
Month total                                   $6,311

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/245995 is the state's own key, not one this site invented.