HENDERSON BAZAAR

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 248600District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Nov 2008 – Dec 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
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
GasProduction898,266 Mcf$3,002,860
Total$3,002,860

Every month this lease reported (146)

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

146 months

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 20193,66156.272.46$9,006
Jun 20197,90052.782.49$19,680
May 20198,27158.482.74$22,665
Apr 20197,32562.632.75$20,149
Mar 20197,43756.803.06$22,773
Feb 20196,99050.852.79$19,518
Jan 20197,68946.033.23$24,821
Dec 20186,87346.594.19$28,767
Nov 20186,26152.934.24$26,529
Oct 20186,49161.443.40$22,057
Sep 20186,56059.543.11$20,388
Aug 20187,34659.403.07$22,527
Jul 20187,56465.142.93$22,177
Jun 20187,62960.183.08$23,474
May 20188,14865.382.90$23,636
Apr 20188,11763.842.90$23,546
Mar 20187,34761.222.79$20,475
Feb 20187,38061.782.77$20,414
Jan 20189,27262.874.01$37,174
Dec 20178,00957.272.92$23,398
Nov 20178,25155.423.12$25,730
Oct 20178,58549.292.98$25,615
Sep 20178,10647.523.09$25,025
Aug 20178,44645.373.00$25,375
Jul 20179,85943.873.09$30,437
Jun 201710,21442.493.09$31,533
May 201711,10845.373.26$36,250
Apr 20177,81347.933.21$25,092
Mar 20175,64146.772.98$16,831
Feb 201710,86850.452.95$32,089
Jan 201712,45649.413.42$42,585
Dec 201612,33048.763.72$45,902
Nov 201613,03142.492.64$34,459
Oct 201612,69746.193.09$39,237
Sep 20169,30041.553.10$28,836
Aug 201611,21741.442.92$32,802
Jul 201613,42941.622.92$39,271
Jun 201611,25645.352.69$30,232
May 201615,07342.521.99$30,011
Apr 201614,75036.561.99$29,368
Mar 201616,33233.011.79$29,300
Feb 201611,96526.472.06$24,691
Jan 201612,56527.352.36$29,708
Dec 201513,71032.362.00$27,439
Nov 201513,46338.792.17$29,179
Oct 201514,87743.552.43$36,100
Sep 201515,26542.992.76$42,107
Aug 201516,36940.162.87$47,020
Jul 201516,47848.152.95$48,529
Jun 201517,12956.152.88$49,381
May 201519,62155.212.96$57,989
Apr 201514,56549.822.71$39,421
Mar 201518,05942.892.93$52,998
Feb 201518,47444.662.98$54,982
Jan 201519,19443.433.10$59,513
Dec 201422,57754.693.59$81,082
Nov 201423,77270.464.25$101,075
Oct 201427,03478.303.90$105,459
Sep 201428,34686.164.05$114,672
Aug 201432,90689.394.04$132,780
Jul 201438,56196.564.18$161,170
Jun 201446,19098.164.74$218,796
May 201468,60594.734.73$324,266
Apr 201411,50995.944.81$55,348
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
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

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.

Jul 2019 — as filed, then multipliedworked
Gas                3,661 Mcf  × $  2.46 =     $9,006

────────────────────────────────────────────────────
Month total                                   $9,006

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/248600 is the state's own key, not one this site invented.