DFW

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 248423District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Nov 2008 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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
GasProduction1,040,213 Mcf$4,305,728
Total$4,305,728

Every month this lease reported (132)

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

132 months

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 201510840.162.87$310
Jul 2015048.152.95$0
Jun 201578256.152.88$2,254
May 201584255.212.96$2,488
Apr 201589049.822.71$2,409
Mar 201583342.892.93$2,445
Feb 20151,15344.662.98$3,432
Jan 201590243.433.10$2,797
Dec 201428254.693.59$1,013
Nov 201474270.464.25$3,155
Oct 201489378.303.90$3,484
Sep 201482486.164.05$3,333
Aug 20141,30789.394.04$5,274
Jul 20141,76696.564.18$7,381
Jun 20141,42198.164.74$6,731
May 20141,68294.734.73$7,950
Apr 20142,65395.944.81$12,759
Mar 20142,28995.895.06$11,575
Feb 201445797.406.19$2,830
Jan 20141,87890.404.86$9,128
Dec 20131,15891.824.35$5,042
Nov 20133,55188.853.74$13,275
Oct 20134,97997.423.78$18,817
Sep 20135,017104.113.72$18,652
Aug 20134,422104.253.52$15,577
Jul 20133,063102.523.72$11,387
Jun 2013094.403.93$0
May 20131,55794.834.15$6,460
Apr 20134,23893.964.28$18,150
Mar 20134,87593.623.91$19,075
Feb 20137,67191.233.42$26,234
Jan 20134,30091.603.42$14,706
Dec 20127,87286.773.42$26,924
Nov 201211,10586.953.62$40,255
Oct 201215,33789.383.40$52,141
Sep 201216,60194.672.92$48,448
Aug 20129,60192.662.91$27,921
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 20125,73691.612.49$14,273
Apr 201211,207101.652.00$22,378
Mar 201216,597105.052.22$36,880
Feb 201214,964101.102.57$38,461
Jan 201218,23998.092.73$49,867
Dec 201119,64896.873.24$63,654
Nov 201119,50895.723.31$64,596
Oct 201120,67684.983.65$75,437
Sep 201121,62583.623.99$86,193
Aug 201114,08283.404.15$58,431
Jul 201133194.144.52$1,495
Jun 201132392.904.64$1,499
May 201118398.134.40$806
Apr 201189105.964.33$386
Mar 201111896.364.06$479
Feb 20117,62785.644.18$31,881
Jan 20112,80886.504.59$12,885
Dec 20103,51585.734.35$15,282
Nov 201012,26880.843.80$46,561
Oct 20109,46278.103.51$33,201
Sep 201016,71572.633.98$66,517
Aug 201017,03673.684.42$75,288
Jul 201025,18072.554.74$119,265
Jun 201023,32170.364.91$114,515
May 201026,62571.124.24$112,763
Apr 201024,93781.694.12$102,808
Mar 201026,75478.394.39$117,414
Feb 201024,93573.585.44$135,705
Jan 201025,97874.365.96$154,935
Dec 200927,71571.445.48$151,982
Nov 200925,62074.593.75$96,113
Oct 200927,07172.544.11$111,269
Sep 200930,18365.543.06$92,503
Aug 200932,13067.423.22$103,410
Jul 200934,58861.133.46$119,830
Jun 200935,36666.163.90$137,751
May 200937,95054.743.93$148,982
Apr 200940,21146.773.59$144,257
Mar 200945,54742.144.06$184,875
Feb 200945,16632.814.63$209,254
Jan 200957,57035.865.37$309,208
Dec 200853,67537.105.98$320,823
Nov 20089,88355.496.86$67,801

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.

Aug 2015 — as filed, then multipliedworked
Gas                  108 Mcf  × $  2.87 =       $310

────────────────────────────────────────────────────
Month total                                     $310

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/248423 is the state's own key, not one this site invented.