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 248570District 09Field 65280200GasSaveExport
Value, all time
$9.7 M
Dec 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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
GasProduction2,546,687 Mcf$9,709,593
Total$9,709,593

Every month this lease reported (210)

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

210 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 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 201975555.052.66$2,006
Aug 20196,39753.112.30$14,741
Jul 20197,89856.272.46$19,430
Jun 20196,62052.782.49$16,492
May 20197,82158.482.74$21,432
Apr 20198,19162.632.75$22,531
Mar 20199,23456.803.06$28,275
Feb 20194,66350.852.79$13,020
Jan 20195,78346.033.23$18,669
Dec 20187,64146.594.19$31,981
Nov 20189,41652.934.24$39,898
Oct 201811,98361.443.40$40,719
Sep 201814,53459.543.11$45,172
Aug 201812,79359.403.07$39,231
Jul 201810,72065.142.93$31,430
Jun 201814,33760.183.08$44,114
May 201816,01565.382.90$46,456
Apr 201814,60063.842.90$42,352
Mar 201815,19861.222.79$42,354
Feb 201813,61761.782.77$37,666
Jan 201815,47062.874.01$62,024
Dec 201715,60057.272.92$45,576
Nov 201715,21455.423.12$47,443
Oct 201716,08049.292.98$47,978
Sep 201715,59547.523.09$48,146
Aug 201715,97245.373.00$47,986
Jul 201715,90843.873.09$49,112
Jun 201714,78942.493.09$45,658
May 201714,85945.373.26$48,491
Apr 20179,96347.933.21$31,997
Mar 20179,61946.772.98$28,700
Feb 20178,76850.452.95$25,888
Jan 20176,21249.413.42$21,238
Dec 20168,46948.763.72$31,529
Nov 20167,98542.492.64$21,115
Oct 201610,02846.193.09$30,989
Sep 201610,38941.553.10$32,212
Aug 20169,29841.442.92$27,191
Jul 20162,26441.622.92$6,621
Jun 20162,51945.352.69$6,766
May 201654842.521.99$1,091
Apr 20163,58236.561.99$7,132
Mar 20165,21533.011.79$9,356
Feb 20164,49626.472.06$9,278
Jan 20164,81827.352.36$11,391
Dec 20154,28032.362.00$8,566
Nov 20154,40338.792.17$9,543
Oct 20155,03143.552.43$12,208
Sep 20155,70742.992.76$15,742
Aug 20155,04340.162.87$14,486
Jul 201512,05148.152.95$35,491
Jun 20155,02656.152.88$14,489
May 20157,03955.212.96$20,803
Apr 201512,27349.822.71$33,218
Mar 201514,74642.892.93$43,275
Feb 201514,76244.662.98$43,935
Jan 201516,31543.433.10$50,587
Dec 201416,52754.693.59$59,354
Nov 201416,36170.464.25$69,564
Oct 201416,00578.303.90$62,435
Sep 201414,61386.164.05$59,116
Aug 201414,95289.394.04$60,333
Jul 201416,25896.564.18$67,952
Jun 201417,85398.164.74$84,568
May 201417,47094.734.73$82,573
Apr 201417,96795.944.81$86,405
Mar 201417,30995.895.06$87,528
Feb 201414,64997.406.19$90,707
Jan 201417,85590.404.86$86,788
Dec 201321,11291.824.35$91,932
Nov 201319,01888.853.74$71,095
Oct 201317,84297.423.78$67,431
Sep 201320,299104.113.72$75,466
Aug 201321,084104.253.52$74,271
Jul 201321,067102.523.72$78,322
Jun 201321,03894.403.93$82,751
May 201321,89694.834.15$90,848
Apr 201321,59593.964.28$92,483
Mar 201323,16693.623.91$90,646
Feb 201320,72991.233.42$70,891
Jan 201322,86391.603.42$78,189
Dec 201223,77886.773.42$81,325
Nov 201222,90386.953.62$83,022
Oct 201223,97389.383.40$81,501
Sep 201223,50094.672.92$68,582
Aug 201223,31892.662.91$67,812
Jul 201226,62785.133.02$80,435
Jun 201225,25979.822.52$63,628
May 201223,49791.612.49$58,468
Apr 201222,744101.652.00$45,415
Mar 201222,208105.052.22$49,348
Feb 201220,305101.102.57$52,189
Jan 201225,05598.092.73$68,502
Dec 201128,48996.873.24$92,297
Nov 201125,66695.723.31$84,987
Oct 201126,97984.983.65$98,434
Sep 201126,16483.623.99$104,284
Aug 201127,47583.404.15$114,003
Jul 201127,11794.144.52$122,494
Jun 201123,52892.904.64$109,167
May 201117,80998.134.40$78,445
Apr 201121,431105.964.33$92,867
Mar 201123,64296.364.06$95,924
Feb 201125,55285.644.18$106,807
Jan 201125,27986.504.59$116,000
Dec 201026,98485.734.35$117,320
Nov 201030,55180.843.80$115,951
Oct 201027,20178.103.51$95,445
Sep 201024,64372.633.98$98,066
Aug 201031,44173.684.42$138,949
Jul 201029,72472.554.74$140,787
Jun 201030,72970.364.91$150,892
May 201027,77271.124.24$117,621
Apr 201024,93281.694.12$102,787
Mar 201028,81078.394.39$126,438
Feb 201027,87173.585.44$151,684
Jan 201035,29074.365.96$210,473
Dec 200934,69671.445.48$190,264
Nov 200935,06374.593.75$131,539
Oct 200937,76072.544.11$155,203
Sep 200939,69765.543.06$121,661
Aug 200943,35867.423.22$139,548
Jul 200943,07561.133.46$149,233
Jun 200946,00066.163.90$179,170
May 200951,58554.743.93$202,510
Apr 200951,45746.773.59$184,602
Mar 200964,07542.144.06$260,080
Feb 200961,30132.814.63$284,008
Jan 200980,24235.865.37$430,980
Dec 200832,05237.105.98$191,579

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 2019 — as filed, then multipliedworked
Gas                  755 Mcf  × $  2.66 =     $2,006

────────────────────────────────────────────────────
Month total                                   $2,006

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/248570 is the state's own key, not one this site invented.