BINGHAM, ANN

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 246277District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Oct 2008 – May 2023
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
176
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
GasProduction1,629,601 Mcf$6,128,767
Total$6,128,767

Every month this lease reported (176)

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

176 months

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 20223,111101.587.54$23,463
Jun 20223,780115.097.98$30,154
May 20221,706109.378.43$14,387
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 20193,30356.272.46$8,126
Jun 20196,01152.782.49$14,975
May 20196,37558.482.74$17,470
Apr 20196,50862.632.75$17,902
Mar 20196,42556.803.06$19,674
Feb 20196,08750.852.79$16,996
Jan 20198,43946.033.23$27,243
Dec 20185,91746.594.19$24,765
Nov 20189,39252.934.24$39,796
Oct 20188,62561.443.40$29,308
Sep 20187,99059.543.11$24,833
Aug 20188,52859.403.07$26,152
Jul 20189,02165.142.93$26,448
Jun 201810,19560.183.08$31,369
May 201811,58565.382.90$33,606
Apr 201811,45663.842.90$33,232
Mar 201812,06061.222.79$33,609
Feb 201810,99261.782.77$30,405
Jan 20183,30762.874.01$13,259
Dec 201710,78457.272.92$31,506
Nov 201710,99555.423.12$34,286
Oct 201710,70149.292.98$31,928
Sep 20179,77647.523.09$30,181
Aug 201710,47645.373.00$31,474
Jul 20179,77743.873.09$30,184
Jun 201710,90842.493.09$33,676
May 201711,40145.373.26$37,206
Apr 201711,07747.933.21$35,575
Mar 201711,94546.772.98$35,640
Feb 201711,22950.452.95$33,155
Jan 201712,06749.413.42$41,255
Dec 201612,17248.763.72$45,314
Nov 201611,86542.492.64$31,375
Oct 201612,80846.193.09$39,580
Sep 201611,27541.553.10$34,960
Aug 201612,03741.442.92$35,200
Jul 201612,94041.622.92$37,841
Jun 201611,81645.352.69$31,736
May 20166,81242.521.99$13,563
Apr 201612,39236.561.99$24,673
Mar 201611,52933.011.79$20,683
Feb 201611,18326.472.06$23,078
Jan 201613,00127.352.36$30,739
Dec 201513,79732.362.00$27,613
Nov 201514,47038.792.17$31,361
Oct 201515,45943.552.43$37,513
Sep 201515,00842.992.76$41,398
Aug 201515,79240.162.87$45,362
Jul 201516,49248.152.95$48,570
Jun 201515,60756.152.88$44,993
May 201517,31155.212.96$51,162
Apr 20156,60349.822.71$17,871
Mar 20152,68642.892.93$7,883
Feb 20157,10244.662.98$21,137
Jan 20158,09243.433.10$25,090
Dec 201410,77454.693.59$38,693
Nov 201410,76270.464.25$45,758
Oct 201411,09278.303.90$43,269
Sep 20148,42286.164.05$34,071
Aug 20147,25489.394.04$29,271
Jul 20148,23096.564.18$34,398
Jun 20146,92298.164.74$32,789
May 201412,20894.734.73$57,702
Apr 20148,47795.944.81$40,767
Mar 20148,63595.895.06$43,665
Feb 20148,02397.406.19$49,678
Jan 20148,30190.404.86$40,349
Dec 20139,34491.824.35$40,688
Nov 20138,40488.853.74$31,417
Oct 20138,71097.423.78$32,918
Sep 20138,419104.113.72$31,300
Aug 20138,531104.253.52$30,051
Jul 20138,730102.523.72$32,456
Jun 201311,41694.403.93$44,904
May 201312,07894.834.15$50,113
Apr 201312,04993.964.28$51,601
Mar 201312,57693.623.91$49,208
Feb 201311,71891.233.42$40,075
Jan 201314,93691.603.42$51,080
Dec 201219,07286.773.42$65,229
Nov 201214,79186.953.62$53,617
Oct 201213,50989.383.40$45,926
Sep 201218,32494.672.92$53,477
Aug 201217,76792.662.91$51,669
Jul 201218,59085.133.02$56,157
Jun 201212,11779.822.52$30,523
May 201214,67291.612.49$36,509
Apr 201212,943101.652.00$25,845
Mar 201214,000105.052.22$31,109
Feb 201212,907101.102.57$33,174
Jan 201217,47598.092.73$47,778
Dec 201115,56096.873.24$50,410
Nov 201115,25595.723.31$50,514
Oct 201111,37684.983.65$41,506
Sep 201111,53083.623.99$45,956
Aug 20119,73983.404.15$40,410
Jul 201110,46294.144.52$47,259
Jun 201115,48392.904.64$71,839
May 201116,12898.134.40$71,041
Apr 201118,247105.964.33$79,069
Mar 201119,40696.364.06$78,737
Feb 201112,39385.644.18$51,802
Jan 201114,75086.504.59$67,685
Dec 201020,28085.734.35$88,172
Nov 201024,66080.843.80$93,593
Oct 20102,18178.103.51$7,653
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 20103,05274.365.96$18,202
Dec 200917,42071.445.48$95,527
Nov 200921,77274.593.75$81,678
Oct 200919,31072.544.11$79,369
Sep 200926,87665.543.06$82,368
Aug 200936,63867.423.22$117,919
Jul 200918,08261.133.46$62,645
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 200917,29746.773.59$62,053
Mar 200935,69442.144.06$144,882
Feb 200937,81732.814.63$175,206
Jan 200941,15435.865.37$221,038
Dec 200849,48737.105.98$295,791
Nov 200837,51255.496.86$257,346
Oct 200847,66475.246.92$329,929

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 2022 — as filed, then multipliedworked
Gas                3,111 Mcf  × $  7.54 =    $23,463

────────────────────────────────────────────────────
Month total                                  $23,463

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/246277 is the state's own key, not one this site invented.