FRITTS

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 248118District 09Field 65280200GasSaveExport
Value, all time
$5.3 M
Jul 2008 – Oct 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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
GasProduction1,088,203 Mcf$5,318,068
Total$5,318,068

Every month this lease reported (172)

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

172 months

Oct 2022087.185.86$0
Sep 2022084.888.16$0
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 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 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 201561955.212.96$1,829
Apr 201591949.822.71$2,487
Mar 201586242.892.93$2,530
Feb 20151,94144.662.98$5,777
Jan 20152,02343.433.10$6,273
Dec 20142,08554.693.59$7,488
Nov 20144,11870.464.25$17,509
Oct 20141,74578.303.90$6,807
Sep 201473786.164.05$2,981
Aug 201416589.394.04$666
Jul 201443996.564.18$1,835
Jun 201420098.164.74$947
May 2014094.734.73$0
Apr 20145,81695.944.81$27,970
Mar 20143,22895.895.06$16,323
Feb 20144,98297.406.19$30,849
Jan 20144,71590.404.86$22,918
Dec 20133,91091.824.35$17,026
Nov 20131,90788.853.74$7,129
Oct 20132,72897.423.78$10,310
Sep 20134,614104.113.72$17,154
Aug 20133,989104.253.52$14,052
Jul 20138,235102.523.72$30,616
Jun 20139,46894.403.93$37,242
May 20136,98594.834.15$28,981
Apr 20136,74493.964.28$28,882
Mar 20138,26393.623.91$32,332
Feb 20135,85591.233.42$20,024
Jan 20136,87691.603.42$23,515
Dec 20128,72586.773.42$29,841
Nov 20124,22786.953.62$15,323
Oct 201276189.383.40$2,587
Sep 20124,98394.672.92$14,542
Aug 20121,29792.662.91$3,772
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 201212,92791.612.49$32,167
Apr 201212,801101.652.00$25,561
Mar 20126,126105.052.22$13,612
Feb 201214,074101.102.57$36,174
Jan 201216,62698.092.73$45,457
Dec 201110,88496.873.24$35,261
Nov 20117,99195.723.31$26,460
Oct 201122,40184.983.65$81,731
Sep 20118,38183.623.99$33,405
Aug 201111,69183.404.15$48,510
Jul 201115,18694.144.52$68,599
Jun 201110,12092.904.64$46,956
May 2011098.134.40$0
Apr 20115,297105.964.33$22,953
Mar 201122,22496.364.06$90,170
Feb 201111,83085.644.18$49,449
Jan 201114,73686.504.59$67,620
Dec 201022,12885.734.35$96,207
Nov 201017,80980.843.80$67,591
Oct 201030,24778.103.51$106,133
Sep 20109,97172.633.98$39,679
Aug 20101,84673.684.42$8,158
Jul 20102,56572.554.74$12,149
Jun 2010070.364.91$0
May 201040871.124.24$1,728
Apr 20109,52781.694.12$39,277
Mar 201013,58378.394.39$59,611
Feb 201010,19273.585.44$55,469
Jan 201019,98274.365.96$119,174
Dec 200925,19771.445.48$138,174
Nov 200927,58674.593.75$103,489
Oct 200927,30872.544.11$112,243
Sep 200920,71665.543.06$63,489
Aug 200925,75167.423.22$82,880
Jul 200925,55661.133.46$88,539
Jun 200923,11566.163.90$90,033
May 200933,78454.743.93$132,628
Apr 200935,98846.773.59$129,107
Mar 200940,03142.144.06$162,486
Feb 200937,92632.814.63$175,711
Jan 200936,17135.865.37$194,274
Dec 200833,21437.105.98$198,525
Nov 200843,55855.496.86$298,824
Oct 200849,12675.246.92$340,049
Sep 200853,911101.767.88$424,662
Aug 200864,141114.228.48$544,109
Jul 200819,410131.0811.39$221,069

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 2015 — as filed, then multipliedworked
Gas                  619 Mcf  × $  2.96 =     $1,829

────────────────────────────────────────────────────
Month total                                   $1,829

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/248118 is the state's own key, not one this site invented.