TCC

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 248596District 09Field 65280200GasSaveExport
Value, all time
$3.4 M
Nov 2008 – Feb 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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
GasProduction867,006 Mcf$3,414,105
Total$3,414,105

Every month this lease reported (184)

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

184 months

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 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 201634333.011.79$615
Feb 201664026.472.06$1,321
Jan 201676827.352.36$1,816
Dec 201585132.362.00$1,703
Nov 201546838.792.17$1,014
Oct 201559343.552.43$1,439
Sep 201571242.992.76$1,964
Aug 201576740.162.87$2,203
Jul 201526748.152.95$786
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 20151,04549.822.71$2,828
Mar 20151,55642.892.93$4,566
Feb 20152,50344.662.98$7,449
Jan 20151,03343.433.10$3,203
Dec 20141,37254.693.59$4,927
Nov 20141,43770.464.25$6,110
Oct 20141,80078.303.90$7,022
Sep 20141,90586.164.05$7,707
Aug 20142,97689.394.04$12,009
Jul 20141,37496.564.18$5,743
Jun 20142,29698.164.74$10,876
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 20141,88395.895.06$9,522
Feb 20141,14097.406.19$7,059
Jan 2014890.404.86$39
Dec 2013091.824.35$0
Nov 20134,01188.853.74$14,994
Oct 20132,79197.423.78$10,548
Sep 20130104.113.72$0
Aug 20132,381104.253.52$8,387
Jul 20138,150102.523.72$30,300
Jun 20134,77194.403.93$18,766
May 201310,99494.834.15$45,615
Apr 20135,85993.964.28$25,092
Mar 20135,92893.623.91$23,195
Feb 20137,39691.233.42$25,294
Jan 20133,61791.603.42$12,370
Dec 20124,29686.773.42$14,693
Nov 20129,69486.953.62$35,140
Oct 201210,82689.383.40$36,805
Sep 201212,30694.672.92$35,914
Aug 201210,27892.662.91$29,890
Jul 201213,83185.133.02$41,781
Jun 201212,42379.822.52$31,294
May 201213,86391.612.49$34,496
Apr 201213,297101.652.00$26,551
Mar 201211,648105.052.22$25,883
Feb 201222,876101.102.57$58,797
Jan 201228,67198.092.73$78,389
Dec 201124,31496.873.24$78,771
Nov 201110,00295.723.31$33,119
Oct 201111,39384.983.65$41,568
Sep 201114,83483.623.99$59,125
Aug 20114,99283.404.15$20,713
Jul 201112,99294.144.52$58,688
Jun 201124,63592.904.64$114,303
May 201122,86098.134.40$100,694
Apr 201118,562105.964.33$80,434
Mar 201127,34196.364.06$110,932
Feb 201119,76985.644.18$82,634
Jan 201133,39386.504.59$153,233
Dec 201034,51385.734.35$150,054
Nov 201028,63080.843.80$108,660
Oct 201039,14178.103.51$137,341
Sep 201043,18072.633.98$171,834
Aug 201049,25873.684.42$217,689
Jul 201066,89672.554.74$316,852
Jun 201073,33270.364.91$360,089
May 201059,32571.124.24$251,254
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

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.

Mar 2016 — as filed, then multipliedworked
Gas                  343 Mcf  × $  1.79 =       $615

────────────────────────────────────────────────────
Month total                                     $615

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/248596 is the state's own key, not one this site invented.