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 251195District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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
GasProduction2,011,795 Mcf$7,873,118
Total$7,873,118

Every month this lease reported (212)

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

212 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 20191,66055.052.66$4,411
Aug 201982253.112.30$1,894
Jul 20192,11656.272.46$5,205
Jun 20193,18652.782.49$7,937
May 20194,46758.482.74$12,241
Apr 20196,49662.632.75$17,869
Mar 20196,88656.803.06$21,086
Feb 20194,26250.852.79$11,900
Jan 20196,98746.033.23$22,555
Dec 20184,36646.594.19$18,274
Nov 20181,24552.934.24$5,275
Oct 201835861.443.40$1,217
Sep 20183,71359.543.11$11,540
Aug 201835459.403.07$1,086
Jul 20186,46865.142.93$18,963
Jun 201810,72460.183.08$32,997
May 201812,41765.382.90$36,019
Apr 201812,04063.842.90$34,926
Mar 201812,66661.222.79$35,298
Feb 201811,60261.782.77$32,093
Jan 201812,69162.874.01$50,882
Dec 201713,60357.272.92$39,741
Nov 201713,43755.423.12$41,901
Oct 201713,99549.292.98$41,757
Sep 201713,61947.523.09$42,046
Aug 201714,00145.373.00$42,065
Jul 201712,54843.873.09$38,739
Jun 201711,57042.493.09$35,720
May 201711,80745.373.26$38,531
Apr 20178,88147.933.21$28,522
Mar 20179,81046.772.98$29,270
Feb 20177,54750.452.95$22,283
Jan 20178,20949.413.42$28,065
Dec 201610,02348.763.72$37,314
Nov 201611,51142.492.64$30,439
Oct 201612,31746.193.09$38,063
Sep 201611,99341.553.10$37,186
Aug 201612,86341.442.92$37,616
Jul 201611,07841.622.92$32,396
Jun 20161,93245.352.69$5,189
May 20168,18242.521.99$16,291
Apr 20167,36636.561.99$14,666
Mar 201613,02533.011.79$23,367
Feb 201612,17826.472.06$25,131
Jan 201611,14027.352.36$26,339
Dec 201512,37132.362.00$24,759
Nov 20159,99338.792.17$21,658
Oct 201548543.552.43$1,177
Sep 2015042.992.76$0
Aug 20152,10740.162.87$6,052
Jul 201511,85248.152.95$34,905
Jun 20158,60556.152.88$24,807
May 20151,77355.212.96$5,240
Apr 20157,35449.822.71$19,904
Mar 20158,63242.892.93$25,332
Feb 20158,78644.662.98$26,149
Jan 201511,68843.433.10$36,240
Dec 201416,48754.693.59$59,211
Nov 201414,99470.464.25$63,752
Oct 201412,53478.303.90$48,895
Sep 201412,77086.164.05$51,660
Aug 201414,39189.394.04$58,069
Jul 201416,88696.564.18$70,577
Jun 201415,57398.164.74$73,767
May 201413,99294.734.73$66,134
Apr 201414,63995.944.81$70,401
Mar 20148,32695.895.06$42,103
Feb 20149,95897.406.19$61,660
Jan 20147,85390.404.86$38,171
Dec 201312,27391.824.35$53,443
Nov 201311,96388.853.74$44,721
Oct 201314,88197.423.78$56,241
Sep 20137,710104.113.72$28,664
Aug 201314,274104.253.52$50,282
Jul 201314,873102.523.72$55,294
Jun 201315,19694.403.93$59,772
May 201316,65794.834.15$69,111
Apr 201315,19893.964.28$65,087
Mar 201317,53793.623.91$68,620
Feb 201315,98091.233.42$54,650
Jan 201318,05391.603.42$61,740
Dec 201216,56286.773.42$56,645
Nov 201213,27086.953.62$48,103
Oct 201219,22089.383.40$65,342
Sep 201216,75094.672.92$48,883
Aug 201213,93292.662.91$40,516
Jul 201215,06985.133.02$45,520
Jun 201213,18979.822.52$33,224
May 201213,56391.612.49$33,749
Apr 201214,498101.652.00$28,950
Mar 201213,531105.052.22$30,067
Feb 20128,933101.102.57$22,960
Jan 201214,41198.092.73$39,401
Dec 201121,13896.873.24$68,482
Nov 201119,27895.723.31$63,835
Oct 201120,55684.983.65$74,999
Sep 201117,21883.623.99$68,628
Aug 201118,12083.404.15$75,186
Jul 201120,43594.144.52$92,310
Jun 201122,79392.904.64$105,757
May 201120,99698.134.40$92,484
Apr 201117,649105.964.33$76,478
Mar 201120,11996.364.06$81,630
Feb 201119,33385.644.18$80,812
Jan 201122,36286.504.59$102,614
Dec 201022,96385.734.35$99,837
Nov 201025,63380.843.80$97,286
Oct 201025,47978.103.51$89,403
Sep 201023,23672.633.98$92,467
Aug 201017,89173.684.42$79,067
Jul 201023,48472.554.74$111,232
Jun 201023,14170.364.91$113,632
May 201019,83971.124.24$84,023
Apr 201024,58381.694.12$101,348
Mar 201023,54878.394.39$103,344
Feb 201011,32073.585.44$61,608
Jan 201016,43474.365.96$98,014
Dec 200925,15571.445.48$137,944
Nov 200927,41874.593.75$102,859
Oct 200929,29572.544.11$120,410
Sep 200931,18765.543.06$95,580
Aug 200933,07967.423.22$106,465
Jul 200929,73561.133.46$103,017
Jun 200933,57466.163.90$130,771
May 200933,09154.743.93$129,907
Apr 200934,36746.773.59$123,292
Mar 200941,81542.144.06$169,727
Feb 200940,08332.814.63$185,705
Jan 200949,66935.865.37$266,772
Dec 200827,31837.105.98$163,284
Nov 200836,25155.496.86$248,695
Oct 200864,47775.246.92$446,309

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                1,660 Mcf  × $  2.66 =     $4,411

────────────────────────────────────────────────────
Month total                                   $4,411

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/251195 is the state's own key, not one this site invented.