GRACE

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 248885District 09Field 65280200GasSaveExport
Value, all time
$3.8 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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
GasProduction1,000,201 Mcf$3,818,944
Total$3,818,944

Every month this lease reported (219)

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

219 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 2024179.932.15$2
Jun 2024778.082.63$18
May 2024078.812.20$0
Apr 2024884.451.66$13
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 20231,43778.122.24$3,216
Mar 20232,01972.852.39$4,832
Feb 20232,19375.112.47$5,407
Jan 20232,47476.533.39$8,381
Dec 20222,90476.415.73$16,637
Nov 20222,86585.005.65$16,176
Oct 20223,08587.185.86$18,090
Sep 20223,27084.888.16$26,695
Aug 20223,69094.529.13$33,679
Jul 2022505101.587.54$3,809
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 201963052.782.49$1,569
May 20191,17958.482.74$3,231
Apr 2019062.632.75$0
Mar 20192,05056.803.06$6,277
Feb 20192,80150.852.79$7,821
Jan 20193,01646.033.23$9,736
Dec 20183,02846.594.19$12,674
Nov 20182,96452.934.24$12,559
Oct 20183,15861.443.40$10,731
Sep 20183,10459.543.11$9,647
Aug 20183,21359.403.07$9,853
Jul 20183,20465.142.93$9,394
Jun 20182,69260.183.08$8,283
May 20183,54465.382.90$10,280
Apr 20184,24063.842.90$12,299
Mar 20184,72761.222.79$13,173
Feb 20183,90061.782.77$10,788
Jan 20184,37962.874.01$17,557
Dec 20174,32957.272.92$12,647
Nov 20173,15255.423.12$9,829
Oct 20173,98849.292.98$11,899
Sep 20173,27147.523.09$10,098
Aug 20173,35945.373.00$10,092
Jul 20173,33743.873.09$10,302
Jun 20173,48342.493.09$10,753
May 20173,68645.373.26$12,029
Apr 20173,69147.933.21$11,854
Mar 20173,67946.772.98$10,977
Feb 20173,11750.452.95$9,203
Jan 20173,58149.413.42$12,243
Dec 20163,37948.763.72$12,579
Nov 20163,29642.492.64$8,716
Oct 20163,47946.193.09$10,751
Sep 20163,33541.553.10$10,341
Aug 20163,52841.442.92$10,317
Jul 20163,64541.622.92$10,659
Jun 20163,53245.352.69$9,486
May 20163,59542.521.99$7,158
Apr 20162,94436.561.99$5,862
Mar 20163,31933.011.79$5,954
Feb 20163,63126.472.06$7,493
Jan 20164,38827.352.36$10,375
Dec 20154,56032.362.00$9,126
Nov 20154,91538.792.17$10,652
Oct 20155,01043.552.43$12,157
Sep 20154,63142.992.76$12,774
Aug 20154,72140.162.87$13,561
Jul 20154,31348.152.95$12,702
Jun 20154,85256.152.88$13,988
May 20154,81155.212.96$14,219
Apr 20154,81549.822.71$13,032
Mar 20155,97442.892.93$17,532
Feb 20155,40844.662.98$16,095
Jan 20155,73943.433.10$17,795
Dec 20146,14454.693.59$22,065
Nov 20146,11570.464.25$26,000
Oct 20144,60178.303.90$17,948
Sep 20146,05286.164.05$24,483
Aug 20146,69589.394.04$27,015
Jul 20146,58696.564.18$27,527
Jun 20146,68698.164.74$31,671
May 20146,43994.734.73$30,434
Apr 20145,99395.944.81$28,821
Mar 20146,15995.895.06$31,145
Feb 20145,86697.406.19$36,322
Jan 20146,84290.404.86$33,257
Dec 20137,83291.824.35$34,104
Nov 20138,05888.853.74$30,123
Oct 20138,42497.423.78$31,837
Sep 20137,542104.113.72$28,039
Aug 20137,328104.253.52$25,814
Jul 20137,423102.523.72$27,597
Jun 20136,91494.403.93$27,196
May 20137,28294.834.15$30,214
Apr 20137,36393.964.28$31,533
Mar 20137,71193.623.91$30,172
Feb 20135,73391.233.42$19,606
Jan 20136,08091.603.42$20,793
Dec 20124,59986.773.42$15,729
Nov 20126,23486.953.62$22,598
Oct 20126,96589.383.40$23,679
Sep 20127,18594.672.92$20,969
Aug 20127,21992.662.91$20,994
Jul 20127,39985.133.02$22,351
Jun 20126,72679.822.52$16,943
May 20127,58291.612.49$18,866
Apr 20124,459101.652.00$8,904
Mar 20128,117105.052.22$18,037
Feb 20125,438101.102.57$13,977
Jan 20127,36998.092.73$20,147
Dec 201113,90996.873.24$45,062
Nov 201112,77495.723.31$42,298
Oct 201114,10284.983.65$51,452
Sep 201112,41183.623.99$49,468
Aug 201112,95483.404.15$53,750
Jul 201113,03194.144.52$58,864
Jun 201112,98292.904.64$60,235
May 201113,67098.134.40$60,214
Apr 201113,815105.964.33$59,864
Mar 201110,24596.364.06$41,567
Feb 20114,48485.644.18$18,743
Jan 20118,68386.504.59$39,844
Dec 201014,45885.734.35$62,860
Nov 201013,81180.843.80$52,417
Oct 201014,40678.103.51$50,549
Sep 201013,86672.633.98$55,179
Aug 201013,30873.684.42$58,813
Jul 201016,73072.554.74$79,241
Jun 201017,05970.364.91$83,767
May 201019,67671.124.24$83,332
Apr 201013,30781.694.12$54,861
Mar 201013,51378.394.39$59,304
Feb 201015,77973.585.44$85,875
Jan 201017,45274.365.96$104,085
Dec 200921,65171.445.48$118,729
Nov 200921,21774.593.75$79,596
Oct 200925,83272.544.11$106,176
Sep 200927,51165.543.06$84,314
Aug 200925,54667.423.22$82,220
Jul 200945,49461.133.46$157,614
Jun 200944,58566.163.90$173,659
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
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$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 2024 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.15 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/248885 is the state's own key, not one this site invented.