WASHINGTON, S.

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 248598District 09Field 65280200GasSaveExport
Value, all time
$2.0 M
Nov 2008 – Apr 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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
GasProduction554,997 Mcf$1,965,918
Total$1,965,918

Every month this lease reported (162)

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

162 months

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 201659348.763.72$2,208
Nov 201662442.492.64$1,650
Oct 201615346.193.09$473
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 20162,78542.521.99$5,545
Apr 20162,56136.561.99$5,099
Mar 20162,84833.011.79$5,109
Feb 20163,43926.472.06$7,097
Jan 20164,02027.352.36$9,505
Dec 20154,42032.362.00$8,846
Nov 20156,01438.792.17$13,034
Oct 20153,35443.552.43$8,139
Sep 20152,29342.992.76$6,325
Aug 20151,94340.162.87$5,581
Jul 20154,81548.152.95$14,181
Jun 201517556.152.88$505
May 20152,28555.212.96$6,753
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 20144,49994.734.73$21,265
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 20134,49891.824.35$19,586
Nov 201348588.853.74$1,813
Oct 20135,87797.423.78$22,211
Sep 20135,980104.113.72$22,232
Aug 20136,482104.253.52$22,834
Jul 20135,849102.523.72$21,745
Jun 20132,28994.403.93$9,004
May 20132,95794.834.15$12,269
Apr 20134,83693.964.28$20,711
Mar 20135,68993.623.91$22,260
Feb 20138,80391.233.42$30,105
Jan 20136,47091.603.42$22,127
Dec 20122,25086.773.42$7,695
Nov 20121,95486.953.62$7,083
Oct 201210,25689.383.40$34,867
Sep 20126,96194.672.92$20,315
Aug 20128,47692.662.91$24,650
Jul 201213,43185.133.02$40,572
Jun 201210,66079.822.52$26,853
May 201218,94691.612.49$47,144
Apr 201219,877101.652.00$39,690
Mar 201215,677105.052.22$34,836
Feb 201225,703101.102.57$66,063
Jan 201211,41598.092.73$31,210
Dec 201116,91596.873.24$54,800
Nov 201130,84295.723.31$102,127
Oct 201117,54484.983.65$64,010
Sep 201123,37883.623.99$93,180
Aug 201139,25783.404.15$162,890
Jul 201136,78394.144.52$166,158
Jun 201183092.904.64$3,851
May 201149,15998.134.40$216,537
Apr 201163,651105.964.33$275,818
Mar 201123,99696.364.06$97,360
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

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.

Dec 2016 — as filed, then multipliedworked
Gas                  593 Mcf  × $  3.72 =     $2,208

────────────────────────────────────────────────────
Month total                                   $2,208

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/248598 is the state's own key, not one this site invented.