FAITH COMMUNITY

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 246263District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Sep 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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
CondensateDisposition200 bbl$12,140
GasProduction468,943 Mcf$1,849,188
Total$1,861,328

Every month this lease reported (213)

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

213 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20229084.888.16$764
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202101861.302.72$49
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202002544.642.68$67
Nov 202001,55138.772.71$4,198
Oct 202001,56836.972.48$3,886
Sep 2020301,18937.091.99$3,480
Aug 202001,74039.982.39$4,150
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202001,73316.921.81$3,145
Apr 202001,59614.751.80$2,880
Mar 202001,10630.341.86$2,053
Feb 202001,81949.881.98$3,603
Jan 202001,80557.252.09$3,781
Dec 201901,70959.012.30$3,938
Nov 201901,76355.302.75$4,849
Oct 201901,79753.472.42$4,346
Sep 201901,84855.052.66$4,911
Aug 201901,89853.112.30$4,374
Jul 201902,00656.272.46$4,935
Jun 201902,08052.782.49$5,182
May 201902,16458.482.74$5,930
Apr 201901,86762.632.75$5,136
Mar 201901,97456.803.06$6,045
Feb 201901,75550.852.79$4,900
Jan 201982,06746.033.23$7,041
Dec 201801,95946.594.19$8,199
Nov 201801,99352.934.24$8,445
Oct 201802,36461.443.40$8,033
Sep 201802,14859.543.11$6,676
Aug 2018302,23059.403.07$8,620
Jul 201802,26065.142.93$6,626
Jun 201802,84860.183.08$8,763
May 201801,97565.382.90$5,729
Apr 201802,26163.842.90$6,559
Mar 201802,51961.222.79$7,020
Feb 201802,09761.782.77$5,801
Jan 201802,39362.874.01$9,594
Dec 201701,44757.272.92$4,227
Nov 201702,38755.423.12$7,444
Oct 201702,22049.292.98$6,624
Sep 201702,27247.523.09$7,014
Aug 201702,38045.373.00$7,150
Jul 2017067443.873.09$2,081
Jun 201702,16942.493.09$6,696
May 201702,35945.373.26$7,698
Apr 201702,29747.933.21$7,377
Mar 201782,65546.772.98$8,296
Feb 201702,38050.452.95$7,027
Jan 201701,68249.413.42$5,750
Dec 201602,51248.763.72$9,352
Nov 201602,09542.492.64$5,540
Oct 201602,37746.193.09$7,346
Sep 201602,64541.553.10$8,201
Aug 2016292,79241.442.92$9,367
Jul 201602,15241.622.92$6,293
Jun 201602,26245.352.69$6,075
May 201602,38542.521.99$4,749
Apr 201602,10436.561.99$4,189
Mar 201602,14033.011.79$3,839
Feb 201601,15926.472.06$2,392
Jan 201602,34127.352.36$5,535
Dec 201501,86432.362.00$3,731
Nov 2015222,24338.792.17$5,715
Oct 201502,66043.552.43$6,455
Sep 201502,28842.992.76$6,311
Aug 201502,28140.162.87$6,552
Jul 201502,03148.152.95$5,981
Jun 201502,25556.152.88$6,501
May 201502,48455.212.96$7,341
Apr 201502,35549.822.71$6,374
Mar 201502,84142.892.93$8,338
Feb 201502,13344.662.98$6,348
Jan 201502,06443.433.10$6,400
Dec 2014112,66854.693.59$10,183
Nov 201401,99570.464.25$8,482
Oct 201402,62178.303.90$10,224
Sep 201402,00786.164.05$8,119
Aug 201402,28889.394.04$9,232
Jul 201402,31796.564.18$9,684
Jun 201402,25798.164.74$10,691
May 201402,49594.734.73$11,793
Apr 201402,28695.944.81$10,994
Mar 2014532,43795.895.06$17,406
Feb 201402,45697.406.19$15,208
Jan 201402,18290.404.86$10,606
Dec 201302,60291.824.35$11,330
Nov 201302,58588.853.74$9,663
Oct 201302,99397.423.78$11,312
Sep 201302,884104.113.72$10,722
Aug 201302,901104.253.52$10,219
Jul 201302,919102.523.72$10,852
Jun 201302,62894.403.93$10,337
May 201302,97194.834.15$12,327
Apr 201302,99093.964.28$12,805
Mar 201303,52193.623.91$13,777
Feb 201303,44891.233.42$11,792
Jan 201303,84291.603.42$13,139
Dec 201201,90086.773.42$6,498
Nov 201202,96686.953.62$10,752
Oct 201203,48889.383.40$11,858
Sep 201202,19794.672.92$6,412
Aug 201203,01092.662.91$8,754
Jul 201203,12885.133.02$9,449
Jun 201202,95179.822.52$7,434
May 201202,79291.612.49$6,947
Apr 201202,775101.652.00$5,541
Mar 201203,171105.052.22$7,046
Feb 201203,023101.102.57$7,770
Jan 201203,51498.092.73$9,608
Dec 201101,83796.873.24$5,951
Nov 20110095.723.31$0
Oct 201101,36584.983.65$4,980
Sep 201103,79283.623.99$15,114
Aug 201103,95483.404.15$16,406
Jul 201103,64694.144.52$16,470
Jun 201103,72292.904.64$17,270
May 201103,48398.134.40$15,342
Apr 201104,041105.964.33$17,511
Mar 201104,42396.364.06$17,946
Feb 201103,23985.644.18$13,539
Jan 201103,94886.504.59$18,117
Dec 201004,62885.734.35$20,121
Nov 201004,88980.843.80$18,555
Oct 201005,18478.103.51$18,190
Sep 201004,47972.633.98$17,824
Aug 201003,66873.684.42$16,210
Jul 201004,83972.554.74$22,920
Jun 201004,72770.364.91$23,211
May 201005,86771.124.24$24,848
Apr 201006,52481.694.12$26,896
Mar 201005,25178.394.39$23,045
Feb 201004,24973.585.44$23,125
Jan 201004,92274.365.96$29,355
Dec 200905,15471.445.48$28,263
Nov 200904,74574.593.75$17,801
Oct 200905,61472.544.11$23,075
Sep 200905,76965.543.06$17,681
Aug 200906,32867.423.22$20,367
Jul 200906,95061.133.46$24,078
Jun 200906,83866.163.90$26,634
May 200907,96454.743.93$31,265
Apr 200908,53846.773.59$30,630
Mar 200908,18842.144.06$33,235
Feb 200907,82032.814.63$36,230
Jan 200909,10535.865.37$48,903
Dec 200809,25737.105.98$55,330
Nov 2008011,37355.496.86$78,023
Oct 2008016,93375.246.92$117,210
Sep 200808,972101.767.88$70,673

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.

Sep 2022 — as filed, then multipliedworked
Condensate             9 bbl  × $ 84.88 =       $764
Gas                    0 Mcf  × $  8.16 =         $0

────────────────────────────────────────────────────
Month total                                     $764

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/246263 is the state's own key, not one this site invented.