GRAVES

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 246896District 09Field 65280200GasSaveExport
Value, all time
$5.7 M
Aug 2008 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
214
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
GasProduction1,347,449 Mcf$5,716,106
Total$5,716,106

Every month this lease reported (214)

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

214 months

May 20263,070106.413.05$9,351
Apr 20263,02498.932.87$8,678
Mar 20263,43789.753.15$10,825
Feb 20263,18463.503.75$11,941
Jan 20263,25559.138.00$26,033
Dec 20253,48456.664.41$15,376
Nov 20253,50858.593.93$13,774
Oct 20253,87559.383.30$12,806
Sep 20252,93562.743.08$9,031
Aug 20253,34963.933.01$10,096
Jul 20253,38866.743.32$11,232
Jun 20253,37166.483.13$10,547
May 20253,95860.553.23$12,794
Apr 20253,63262.363.54$12,869
Mar 20253,88067.704.27$16,561
Feb 20253,82170.884.34$16,586
Jan 20253,79874.324.28$16,250
Dec 20243,56968.993.12$11,140
Nov 20243,33369.052.20$7,327
Oct 20244,08971.372.28$9,329
Sep 20243,90369.612.36$9,228
Aug 20244,04175.632.06$8,339
Jul 20244,28979.932.15$9,207
Jun 20244,30778.082.63$11,345
May 20244,47578.812.20$9,838
Apr 20244,30484.451.66$7,141
Mar 20243,81580.301.55$5,895
Feb 20243,64676.091.78$6,503
Jan 20244,35073.023.30$14,345
Dec 20233,92971.262.61$10,258
Nov 20234,22277.892.81$11,854
Oct 20234,95085.443.09$15,282
Sep 20234,25589.042.74$11,638
Aug 20234,21580.522.67$11,266
Jul 20234,17474.852.64$11,027
Jun 20234,06068.962.26$9,169
May 20234,52070.622.23$10,068
Apr 20234,40678.122.24$9,860
Mar 20234,27572.852.39$10,231
Feb 20233,06675.112.47$7,560
Jan 20232,75876.533.39$9,343
Dec 20224,58676.415.73$26,274
Nov 20223,30985.005.65$18,683
Oct 20224,55087.185.86$26,680
Sep 20224,08284.888.16$33,324
Aug 20225,49794.529.13$50,172
Jul 20225,720101.587.54$43,141
Jun 20225,823115.097.98$46,451
May 20226,200109.378.43$52,285
Apr 20226,090104.226.84$41,641
Mar 20226,738108.885.08$34,205
Feb 20226,05491.054.86$29,415
Jan 20227,10181.844.54$32,222
Dec 20217,57571.323.90$29,536
Nov 20217,05777.435.24$36,956
Oct 20216,41079.795.71$36,626
Sep 20217,77669.865.35$41,609
Aug 20219,65866.024.22$40,762
Jul 20212,53270.783.98$10,083
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 20191,94856.272.46$4,792
Jun 20194,10252.782.49$10,219
May 20193,81558.482.74$10,454
Apr 20193,83662.632.75$10,552
Mar 20193,91756.803.06$11,994
Feb 20193,02250.852.79$8,438
Jan 20193,70446.033.23$11,957
Dec 20183,13846.594.19$13,134
Nov 20182,44952.934.24$10,377
Oct 20182,62861.443.40$8,930
Sep 20182,53959.543.11$7,891
Aug 20183,44859.403.07$10,574
Jul 20184,27365.142.93$12,528
Jun 20183,73460.183.08$11,489
May 20184,61965.382.90$13,399
Apr 20184,80863.842.90$13,947
Mar 20183,83061.222.79$10,674
Feb 20183,50961.782.77$9,706
Jan 20184,09762.874.01$16,426
Dec 20174,62757.272.92$13,518
Nov 20174,45655.423.12$13,895
Oct 20174,40649.292.98$13,146
Sep 20174,10747.523.09$12,679
Aug 20174,46845.373.00$13,424
Jul 2017043.873.09$0
Jun 20173,88742.493.09$12,000
May 20173,41945.373.26$11,158
Apr 20173,49447.933.21$11,221
Mar 20174,06646.772.98$12,132
Feb 20173,71350.452.95$10,963
Jan 20173,45049.413.42$11,795
Dec 20164,21148.763.72$15,677
Nov 20163,01942.492.64$7,983
Oct 20164,06146.193.09$12,550
Sep 20164,93041.553.10$15,286
Aug 20163,20541.442.92$9,373
Jul 20161,44841.622.92$4,234
Jun 20169,12545.352.69$24,508
May 20168,51842.521.99$16,960
Apr 20166,52036.561.99$12,982
Mar 20165,35433.011.79$9,605
Feb 20166,03526.472.06$12,454
Jan 20167,83927.352.36$18,534
Dec 20158,48032.362.00$16,972
Nov 20157,72738.792.17$16,747
Oct 20157,14243.552.43$17,331
Sep 20155,56742.992.76$15,356
Aug 20155,71840.162.87$16,425
Jul 20158,03148.152.95$23,652
Jun 20156,29056.152.88$18,133
May 20156,90555.212.96$20,407
Apr 20154,46649.822.71$12,088
Mar 20153,22242.892.93$9,456
Feb 20153,54244.662.98$10,542
Jan 20152,58543.433.10$8,015
Dec 20143,76254.693.59$13,511
Nov 201490970.464.25$3,865
Oct 20141,19978.303.90$4,677
Sep 20142,01186.164.05$8,135
Aug 20142,04989.394.04$8,268
Jul 20144,62796.564.18$19,339
Jun 20145,61698.164.74$26,602
May 20146,99494.734.73$33,058
Apr 20146,68395.944.81$32,139
Mar 20145,68395.895.06$28,738
Feb 20145,22897.406.19$32,372
Jan 20145,72090.404.86$27,803
Dec 20136,10891.824.35$26,597
Nov 20134,35688.853.74$16,284
Oct 201392797.423.78$3,503
Sep 2013109104.113.72$405
Aug 20134,709104.253.52$16,588
Jul 20136,585102.523.72$24,481
Jun 20136,99194.403.93$27,498
May 20133,06294.834.15$12,704
Apr 20132,73793.964.28$11,721
Mar 20134,05393.623.91$15,859
Feb 20135,61591.233.42$19,203
Jan 20137,03091.603.42$24,042
Dec 20128,36486.773.42$28,606
Nov 20128,14486.953.62$29,522
Oct 20128,51289.383.40$28,938
Sep 20127,83394.672.92$22,860
Aug 20128,00192.662.91$23,268
Jul 20128,20685.133.02$24,789
Jun 20128,68379.822.52$21,873
May 20128,23391.612.49$20,486
Apr 20126,576101.652.00$13,131
Mar 20128,054105.052.22$17,897
Feb 20124,405101.102.57$11,322
Jan 201282298.092.73$2,247
Dec 20118,17996.873.24$26,498
Nov 20117,27495.723.31$24,086
Oct 20117,83384.983.65$28,579
Sep 20117,70483.623.99$30,707
Aug 20117,71483.404.15$32,008
Jul 20112,76394.144.52$12,481
Jun 20115,43492.904.64$25,213
May 20116,13698.134.40$27,028
Apr 20116,765105.964.33$29,315
Mar 20115,19196.364.06$21,062
Feb 20117,11985.644.18$29,757
Jan 20117,31786.504.59$33,576
Dec 20108,76185.734.35$38,091
Nov 20109,73880.843.80$36,959
Oct 20109,87378.103.51$34,643
Sep 201013,41472.633.98$53,381
Aug 201012,59873.684.42$55,675
Jul 201015,71472.554.74$74,429
Jun 201012,39470.364.91$60,860
May 20107,27571.124.24$30,811
Apr 20109,39781.694.12$38,741
Mar 201012,88478.394.39$56,544
Feb 201012,80273.585.44$69,673
Jan 201014,63774.365.96$87,296
Dec 200915,90871.445.48$87,236
Nov 200916,61274.593.75$62,320
Oct 200917,13472.544.11$70,425
Sep 200915,73865.543.06$48,233
Aug 200920,36567.423.22$65,545
Jul 200922,55461.133.46$78,138
Jun 200920,56266.163.90$80,089
May 200927,18554.743.93$106,722
Apr 200918,16446.773.59$65,163
Mar 200925,16942.144.06$102,161
Feb 200925,84632.814.63$119,745
Jan 200929,91235.865.37$160,657
Dec 200834,19637.105.98$204,394
Nov 200837,07155.496.86$254,320
Oct 200845,65175.246.92$315,995
Sep 200853,258101.767.88$419,518
Aug 20086,485114.228.48$55,012

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
Gas                3,070 Mcf  × $  3.05 =     $9,351

────────────────────────────────────────────────────
Month total                                   $9,351

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/246896 is the state's own key, not one this site invented.