MEADOWS

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 251197District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Dec 2007 – Mar 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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
GasProduction1,056,007 Mcf$6,040,456
Total$6,040,456

Every month this lease reported (220)

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

220 months

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 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 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
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 201459670.464.25$2,534
Oct 201472278.303.90$2,816
Sep 20143,50486.164.05$14,175
Aug 20143,74089.394.04$15,091
Jul 20141,33796.564.18$5,588
Jun 201484998.164.74$4,022
May 20141,84294.734.73$8,706
Apr 20142,31795.944.81$11,143
Mar 20141,20795.895.06$6,104
Feb 20143,70997.406.19$22,966
Jan 20146,85390.404.86$33,311
Dec 20135,98191.824.35$26,044
Nov 20137,31588.853.74$27,346
Oct 20137,75297.423.78$29,298
Sep 20137,823104.113.72$29,084
Aug 20138,375104.253.52$29,502
Jul 20139,068102.523.72$33,712
Jun 20138,75394.403.93$34,429
May 20139,36894.834.15$38,869
Apr 20137,77493.964.28$33,293
Mar 20137,84093.623.91$30,677
Feb 20137,58491.233.42$25,937
Jan 20138,35991.603.42$28,587
Dec 20127,57486.773.42$25,904
Nov 20128,02186.953.62$29,076
Oct 20128,55589.383.40$29,084
Sep 20127,86594.672.92$22,953
Aug 201211,17192.662.91$32,487
Jul 201211,49785.133.02$34,730
Jun 201211,30879.822.52$28,485
May 201211,34291.612.49$28,223
Apr 201210,922101.652.00$21,809
Mar 201210,756105.052.22$23,901
Feb 20129,101101.102.57$23,392
Jan 20129,59798.092.73$26,239
Dec 201110,41496.873.24$33,739
Nov 201111,18695.723.31$37,040
Oct 201111,70684.983.65$42,710
Sep 201110,07683.623.99$40,161
Aug 201111,43583.404.15$47,447
Jul 201111,38094.144.52$51,406
Jun 201110,77392.904.64$49,985
May 201110,97898.134.40$48,356
Apr 201110,777105.964.33$46,700
Mar 201111,96996.364.06$48,562
Feb 201110,09985.644.18$42,214
Jan 201113,47486.504.59$61,829
Dec 201012,89185.734.35$56,047
Nov 20106,09680.843.80$23,136
Oct 20103,34778.103.51$11,744
Sep 20104,88772.633.98$19,448
Aug 20105,70173.684.42$25,195
Jul 20107,76072.554.74$36,755
Jun 20107,45870.364.91$36,622
May 201014,62071.124.24$61,919
Apr 201015,23481.694.12$62,805
Mar 201011,97078.394.39$52,532
Feb 20107,82673.585.44$42,592
Jan 201014,00174.365.96$83,503
Dec 200913,59271.445.48$74,535
Nov 200913,56674.593.75$50,893
Oct 200914,51572.544.11$59,660
Sep 200914,54765.543.06$44,583
Aug 200916,12367.423.22$51,892
Jul 200917,05161.133.46$59,073
Jun 200917,12666.163.90$66,706
May 200919,21754.743.93$75,441
Apr 200919,13046.773.59$68,629
Mar 200919,92842.144.06$80,888
Feb 200916,75132.814.63$77,607
Jan 200916,38235.865.37$87,988
Dec 200815,78737.105.98$94,361
Nov 200811,43255.496.86$78,428
Oct 200817,78875.246.92$123,128
Sep 200821,644101.767.88$170,492
Aug 200824,392114.228.48$206,918
Jul 200825,639131.0811.39$292,014
Jun 200825,803131.3313.03$336,281
May 200829,576123.1711.57$342,321
Apr 200830,357110.3110.45$317,378
Mar 200827,266101.909.66$263,501
Feb 200837,03892.538.77$324,845
Jan 200849,56590.388.21$406,717
Dec 200755,35788.337.30$404,215

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.

Nov 2014 — as filed, then multipliedworked
Gas                  596 Mcf  × $  4.25 =     $2,534

────────────────────────────────────────────────────
Month total                                   $2,534

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/251197 is the state's own key, not one this site invented.