THORNTON

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 248140District 09Field 65280200GasSaveExport
Value, all time
$2.8 M
Mar 2008 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
219
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
GasProduction821,405 Mcf$2,849,779
Total$2,849,779

Every month this lease reported (219)

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

219 months

May 20263,432106.413.05$10,453
Apr 20263,49898.932.87$10,038
Mar 20263,64489.753.15$11,477
Feb 20263,54963.503.75$13,310
Jan 20262,21159.138.00$17,683
Dec 20253,71956.664.41$16,413
Nov 20253,73358.593.93$14,657
Oct 20253,88159.383.30$12,826
Sep 20254,04262.743.08$12,437
Aug 20253,87163.933.01$11,670
Jul 20253,48766.743.32$11,560
Jun 20253,50766.483.13$10,972
May 20253,18960.553.23$10,308
Apr 20253,10862.363.54$11,012
Mar 20253,50967.704.27$14,978
Feb 20253,14870.884.34$13,665
Jan 20253,34174.324.28$14,295
Dec 20243,29368.993.12$10,279
Nov 20242,85069.052.20$6,266
Oct 20243,88271.372.28$8,856
Sep 20243,82169.612.36$9,034
Aug 20243,97675.632.06$8,205
Jul 20244,29179.932.15$9,211
Jun 20244,40778.082.63$11,608
May 20244,33878.812.20$9,537
Apr 20244,34184.451.66$7,203
Mar 20244,61980.301.55$7,137
Feb 20244,22776.091.78$7,539
Jan 20244,52073.023.30$14,905
Dec 20235,32271.262.61$13,894
Nov 20234,39477.892.81$12,336
Oct 2023085.443.09$0
Sep 20234,49489.042.74$12,291
Aug 20234,30580.522.67$11,507
Jul 20234,42074.852.64$11,677
Jun 20234,80768.962.26$10,857
May 20234,97070.622.23$11,070
Apr 20234,69178.122.24$10,497
Mar 20235,62572.852.39$13,462
Feb 20234,90575.112.47$12,094
Jan 20235,31576.533.39$18,006
Dec 20224,96576.415.73$28,445
Nov 20225,50285.005.65$31,065
Oct 20225,28287.185.86$30,972
Sep 20225,38384.888.16$43,945
Aug 20225,27494.529.13$48,137
Jul 20225,244101.587.54$39,551
Jun 20225,087115.097.98$40,580
May 20225,179109.378.43$43,675
Apr 20225,883104.226.84$40,226
Mar 20226,160108.885.08$31,271
Feb 20224,64791.054.86$22,579
Jan 20225,65581.844.54$25,661
Dec 20215,79371.323.90$22,588
Nov 20215,83877.435.24$30,573
Oct 20215,49979.795.71$31,421
Sep 20215,86969.865.35$31,405
Aug 20216,47466.024.22$27,324
Jul 20216,16070.783.98$24,530
Jun 20215,92769.493.38$20,037
May 20216,82563.483.02$20,596
Apr 20216,47660.362.76$17,864
Mar 20217,04561.302.72$19,141
Feb 20214,98057.805.55$27,629
Jan 20218,27950.412.81$23,266
Dec 20208,95544.642.68$23,959
Nov 20207,49738.772.71$20,291
Oct 20202,83536.972.48$7,026
Sep 2020637.091.99$12
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 20171,25449.413.42$4,287
Dec 201693648.763.72$3,485
Nov 201685742.492.64$2,266
Oct 201610346.193.09$318
Sep 201657641.553.10$1,786
Aug 20163,83541.442.92$11,215
Jul 20166,48241.622.92$18,956
Jun 20165,31545.352.69$14,275
May 20167,20042.521.99$14,335
Apr 20163,37036.561.99$6,710
Mar 20168,07933.011.79$14,494
Feb 20166,81726.472.06$14,068
Jan 20167,93327.352.36$18,756
Dec 20158,00132.362.00$16,013
Nov 20157,30438.792.17$15,830
Oct 20157,09443.552.43$17,214
Sep 20159,38542.992.76$25,888
Aug 20154,72540.162.87$13,573
Jul 20159048.152.95$265
Jun 20151,48656.152.88$4,284
May 201515555.212.96$458
Apr 20156,87049.822.71$18,594
Mar 20154,63742.892.93$13,608
Feb 20152,77844.662.98$8,268
Jan 20153,81643.433.10$11,832
Dec 20147,22154.693.59$25,933
Nov 20145,98470.464.25$25,443
Oct 20148,30078.303.90$32,378
Sep 20148,49186.164.05$34,350
Aug 20148,76689.394.04$35,372
Jul 20149,84996.564.18$41,165
Jun 201410,26698.164.74$48,629
May 201410,20694.734.73$48,239
Apr 201411,19995.944.81$53,857
Mar 201410,95495.895.06$55,392
Feb 20146,13997.406.19$38,013
Jan 20148,58790.404.86$41,739
Dec 20132,32391.824.35$10,115
Nov 20136,58988.853.74$24,632
Oct 20134,20297.423.78$15,881
Sep 20131,030104.113.72$3,829
Aug 20136,069104.253.52$21,379
Jul 20137,021102.523.72$26,102
Jun 20138,71194.403.93$34,264
May 20139,40294.834.15$39,010
Apr 20139,06393.964.28$38,813
Mar 20138,92693.623.91$34,926
Feb 201310,29491.233.42$35,205
Jan 20139,03691.603.42$30,902
Dec 201210,07286.773.42$34,448
Nov 201214,43986.953.62$52,341
Oct 20126,46489.383.40$21,976
Sep 201212,84894.672.92$37,496
Aug 201214,59092.662.91$42,430
Jul 201217,05685.133.02$51,523
Jun 201218,59979.822.52$46,852
May 201220,69391.612.49$51,491
Apr 201222,698101.652.00$45,323
Mar 201232,104105.052.22$71,338
Feb 201234,715101.102.57$89,226
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
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 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0

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                3,432 Mcf  × $  3.05 =    $10,453

────────────────────────────────────────────────────
Month total                                  $10,453

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/248140 is the state's own key, not one this site invented.