PETTY

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 246873District 09Field 65280200GasSaveExport
Value, all time
$9.1 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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
GasProduction2,249,727 Mcf$9,055,227
Total$9,055,227

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 20260106.413.05$0
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 2022584.888.16$41
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 202211991.054.86$578
Jan 2022081.844.54$0
Dec 202123771.323.90$924
Nov 202190277.435.24$4,724
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 202079957.252.09$1,674
Dec 20194,91459.012.30$11,324
Nov 20195,05555.302.75$13,905
Oct 20194,09853.472.42$9,911
Sep 20197,18555.052.66$19,093
Aug 20196,13753.112.30$14,142
Jul 20193,09156.272.46$7,604
Jun 20195,88752.782.49$14,666
May 20199,06258.482.74$24,833
Apr 201910,34362.632.75$28,450
Mar 20199,32056.803.06$28,539
Feb 201912,17850.852.79$34,004
Jan 201913,47146.033.23$43,487
Dec 201812,45946.594.19$52,146
Nov 20188,62652.934.24$36,550
Oct 20186,38461.443.40$21,693
Sep 201818959.543.11$587
Aug 20183,81159.403.07$11,687
Jul 20181,61865.142.93$4,744
Jun 20183,20160.183.08$9,849
May 2018065.382.90$0
Apr 20184,79163.842.90$13,898
Mar 20185,10361.222.79$14,221
Feb 20184,52261.782.77$12,508
Jan 20184,69162.874.01$18,808
Dec 20175,64757.272.92$16,498
Nov 20175,35955.423.12$16,711
Oct 20176,26649.292.98$18,696
Sep 20176,05447.523.09$18,690
Aug 20176,51745.373.00$19,580
Jul 20177,07843.873.09$21,852
Jun 20176,90542.493.09$21,318
May 20176,68845.373.26$21,826
Apr 201712,82947.933.21$41,202
Mar 201711,30646.772.98$33,733
Feb 20178,90250.452.95$26,284
Jan 201711,51349.413.42$39,361
Dec 20169,66648.763.72$35,985
Nov 20169,19142.492.64$24,304
Oct 20166,20046.193.09$19,160
Sep 20167,15541.553.10$22,185
Aug 20169,01641.442.92$26,366
Jul 201613,79441.622.92$40,338
Jun 201614,81345.352.69$39,785
May 201615,77942.521.99$31,417
Apr 201616,97836.561.99$33,804
Mar 201617,61233.011.79$31,596
Feb 201616,26926.472.06$33,573
Jan 201618,27127.352.36$43,199
Dec 201518,90432.362.00$37,835
Nov 201517,71938.792.17$38,403
Oct 201519,61943.552.43$47,607
Sep 201517,87642.992.76$49,310
Aug 201518,53340.162.87$53,236
Jul 201516,25548.152.95$47,872
Jun 201514,61956.152.88$42,145
May 201513,74355.212.96$40,617
Apr 201510,36249.822.71$28,045
Mar 201510,24442.892.93$30,063
Feb 20158,69344.662.98$25,872
Jan 20159,32543.433.10$28,913
Dec 20149,90654.693.59$35,576
Nov 201410,57070.464.25$44,942
Oct 201411,28878.303.90$44,034
Sep 201412,43686.164.05$50,309
Aug 201412,07189.394.04$48,708
Jul 201410,80796.564.18$45,169
Jun 201410,99698.164.74$52,087
May 201412,07194.734.73$57,054
Apr 201410,91895.944.81$52,506
Mar 201411,25095.895.06$56,889
Feb 201413,41097.406.19$83,035
Jan 201410,54790.404.86$51,266
Dec 20133,83691.824.35$16,704
Nov 20136,62888.853.74$24,777
Oct 20138,21397.423.78$31,040
Sep 20138,065104.113.72$29,984
Aug 20137,590104.253.52$26,737
Jul 20138,813102.523.72$32,764
Jun 20137,81794.403.93$30,747
May 20138,17794.834.15$33,927
Apr 20138,54793.964.28$36,603
Mar 20138,46093.623.91$33,103
Feb 20137,68891.233.42$26,292
Jan 20138,39091.603.42$28,693
Dec 20129,40686.773.42$32,170
Nov 20129,01086.953.62$32,661
Oct 20129,56789.383.40$32,525
Sep 20129,30394.672.92$27,150
Aug 20129,10592.662.91$26,479
Jul 201233485.133.02$1,009
Jun 20124,84179.822.52$12,195
May 201211,11191.612.49$27,648
Apr 201211,280101.652.00$22,524
Mar 201210,428105.052.22$23,172
Feb 20129,734101.102.57$25,019
Jan 201212,44198.092.73$34,015
Dec 201112,15296.873.24$39,369
Nov 201113,31595.723.31$44,090
Oct 201113,70184.983.65$49,989
Sep 201113,51983.623.99$53,884
Aug 201114,55483.404.15$60,389
Jul 201116,85494.144.52$76,134
Jun 201118,96892.904.64$88,009
May 201120,97698.134.40$92,396
Apr 201120,197105.964.33$87,519
Mar 201120,56496.364.06$83,435
Feb 201115,09785.644.18$63,105
Jan 201118,65086.504.59$85,581
Dec 201021,64085.734.35$94,085
Nov 201015,18780.843.80$57,640
Oct 201024,50778.103.51$85,992
Sep 201023,43672.633.98$93,263
Aug 201014,33873.684.42$63,365
Jul 201022,49472.554.74$106,543
Jun 201018,90770.364.91$92,841
May 201035,97471.124.24$152,358
Apr 201037,58681.694.12$154,955
Mar 201038,27778.394.39$167,985
Feb 201032,32373.585.44$175,913
Jan 201034,09574.365.96$203,346
Dec 200938,17671.445.48$209,348
Nov 200941,24774.593.75$154,738
Oct 200943,21872.544.11$177,637
Sep 200942,15665.543.06$129,198
Aug 200945,78667.423.22$147,362
Jul 200949,00661.133.46$169,781
Jun 200949,44566.163.90$192,588
May 200955,23754.743.93$216,847
Apr 200958,06946.773.59$208,323
Mar 200955,62342.144.06$225,774
Feb 200960,80532.814.63$281,710
Jan 200976,61035.865.37$411,472
Dec 200853,05837.105.98$317,135
Nov 200856,00155.496.86$384,187
Oct 200899,02775.246.92$685,463

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
Gas                    5 Mcf  × $  8.16 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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/246873 is the state's own key, not one this site invented.