PETRUS

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 251504District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$241 k
at the published price for each month
Months reported
218
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
GasProduction2,128,152 Mcf$7,535,970
Total$7,535,970

Every month this lease reported (218)

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

218 months

May 20265,771106.413.05$17,578
Apr 20265,63298.932.87$16,162
Mar 20265,46989.753.15$17,224
Feb 20265,23163.503.75$19,618
Jan 20265,83159.138.00$46,636
Dec 20254,15456.664.41$18,333
Nov 20255,34558.593.93$20,987
Oct 20254,81659.383.30$15,916
Sep 20255,36862.743.08$16,517
Aug 20255,40363.933.01$16,289
Jul 20255,50666.743.32$18,253
Jun 20255,46566.483.13$17,098
May 20255,43360.553.23$17,561
Apr 20255,68662.363.54$20,146
Mar 20255,31867.704.27$22,699
Feb 20254,75470.884.34$20,636
Jan 20252,90074.324.28$12,408
Dec 20243,64068.993.12$11,362
Nov 20241,50669.052.20$3,311
Oct 20243,12471.372.28$7,127
Sep 20242,94269.612.36$6,956
Aug 20243,33875.632.06$6,888
Jul 20241,71579.932.15$3,681
Jun 20243,31578.082.63$8,732
May 20244,09678.812.20$9,005
Apr 20243,84184.451.66$6,373
Mar 20244,01780.301.55$6,207
Feb 20244,81576.091.78$8,588
Jan 20243,45973.023.30$11,407
Dec 20234,11371.262.61$10,738
Nov 20234,59077.892.81$12,887
Oct 20235,19885.443.09$16,048
Sep 20234,59889.042.74$12,576
Aug 20235,10680.522.67$13,648
Jul 20234,96074.852.64$13,103
Jun 20235,11968.962.26$11,561
May 20235,34970.622.23$11,914
Apr 20236,12378.122.24$13,702
Mar 20235,96672.852.39$14,278
Feb 20234,16175.112.47$10,260
Jan 20234,43676.533.39$15,028
Dec 20224,06176.415.73$23,266
Nov 20225,25285.005.65$29,654
Oct 20224,76087.185.86$27,912
Sep 20226,16084.888.16$50,288
Aug 20225,63694.529.13$51,441
Jul 20225,052101.587.54$38,103
Jun 20224,938115.097.98$39,391
May 20225,918109.378.43$49,907
Apr 20225,542104.226.84$37,894
Mar 20226,040108.885.08$30,661
Feb 20225,43491.054.86$26,403
Jan 20224,89481.844.54$22,207
Dec 20215,77771.323.90$22,525
Nov 20216,04477.435.24$31,652
Oct 20216,45179.795.71$36,860
Sep 20216,25869.865.35$33,486
Aug 20216,29066.024.22$26,548
Jul 20216,65170.783.98$26,485
Jun 20216,56769.493.38$22,201
May 20216,21663.483.02$18,758
Apr 20215,98260.362.76$16,501
Mar 20216,84661.302.72$18,600
Feb 20215,17857.805.55$28,727
Jan 20216,49550.412.81$18,253
Dec 20206,31244.642.68$16,888
Nov 20206,45338.772.71$17,466
Oct 20206,76036.972.48$16,754
Sep 20207,15537.091.99$14,246
Aug 20207,07739.982.39$16,879
Jul 20207,11738.371.83$12,989
Jun 20207,18734.901.69$12,148
May 20207,34316.921.81$13,326
Apr 20207,04714.751.80$12,715
Mar 20207,47930.341.86$13,883
Feb 20207,42949.881.98$14,714
Jan 20208,06457.252.09$16,892
Dec 20198,45359.012.30$19,479
Nov 20197,73355.302.75$21,271
Oct 20197,53853.472.42$18,231
Sep 20197,37555.052.66$19,597
Aug 20197,84053.112.30$18,066
Jul 20197,56456.272.46$18,608
Jun 20197,46952.782.49$18,607
May 20197,92258.482.74$21,709
Apr 20198,14562.632.75$22,404
Mar 20198,86756.803.06$27,152
Feb 20198,61450.852.79$24,052
Jan 20198,83446.033.23$28,518
Dec 20189,17246.594.19$38,389
Nov 20188,82352.934.24$37,385
Oct 20188,08061.443.40$27,456
Sep 20188,63359.543.11$26,831
Aug 20189,22059.403.07$28,274
Jul 20188,95365.142.93$26,249
Jun 20188,99560.183.08$27,677
May 201810,17865.382.90$29,524
Apr 20189,68163.842.90$28,083
Mar 201810,21261.222.79$28,459
Feb 20189,34061.782.77$25,836
Jan 201810,61362.874.01$42,551
Dec 201710,85557.272.92$31,713
Nov 201710,31255.423.12$32,157
Oct 201710,68149.292.98$31,869
Sep 201710,28247.523.09$31,743
Aug 201710,08845.373.00$30,308
Jul 201710,70543.873.09$33,049
Jun 201711,46442.493.09$35,393
May 201712,20345.373.26$39,823
Apr 201712,24847.933.21$39,336
Mar 201712,65946.772.98$37,770
Feb 201710,65450.452.95$31,457
Jan 201712,16149.413.42$41,576
Dec 201612,25648.763.72$45,627
Nov 201612,05742.492.64$31,883
Oct 201612,70646.193.09$39,265
Sep 201612,57441.553.10$38,987
Aug 201613,41241.442.92$39,221
Jul 201614,73441.622.92$43,087
Jun 201612,76445.352.69$34,282
May 201614,33542.521.99$28,542
Apr 201613,81936.561.99$27,514
Mar 201614,81333.011.79$26,575
Feb 201614,28126.472.06$29,471
Jan 201615,05827.352.36$35,603
Dec 201516,89732.362.00$33,818
Nov 201516,13738.792.17$34,974
Oct 201514,69243.552.43$35,651
Sep 201514,00342.992.76$38,626
Aug 201512,70640.162.87$36,498
Jul 201514,63248.152.95$43,092
Jun 201514,61056.152.88$42,119
May 201512,63055.212.96$37,327
Apr 201515,58449.822.71$42,179
Mar 201516,57242.892.93$48,634
Feb 201516,87044.662.98$50,208
Jan 201524,44143.433.10$75,783
Dec 201428,80254.693.59$103,438
Nov 20145,21170.464.25$22,156
Oct 2014078.303.90$0
Sep 20141,88686.164.05$7,630
Aug 20148,58489.394.04$34,637
Jul 20148,98196.564.18$37,537
Jun 20148,97298.164.74$42,499
May 20149,27294.734.73$43,825
Apr 20148,98695.944.81$43,215
Mar 20149,46095.895.06$47,837
Feb 20148,57897.406.19$53,115
Jan 20149,66290.404.86$46,964
Dec 201310,18891.824.35$44,363
Nov 201310,05488.853.74$37,585
Oct 201310,63297.423.78$40,182
Sep 201310,371104.113.72$38,557
Aug 201310,622104.253.52$37,417
Jul 201310,702102.523.72$39,787
Jun 201310,71194.403.93$42,131
May 201311,36894.834.15$47,167
Apr 201311,35793.964.28$48,637
Mar 201312,21493.623.91$47,792
Feb 201311,30991.233.42$38,676
Jan 201312,12691.603.42$41,470
Dec 201211,90386.773.42$40,710
Nov 201210,44686.953.62$37,866
Oct 201212,18189.383.40$41,412
Sep 201211,90794.672.92$34,749
Aug 201212,50792.662.91$36,372
Jul 201212,65585.133.02$38,228
Jun 201210,91279.822.52$27,488
May 201212,49191.612.49$31,082
Apr 201213,272101.652.00$26,502
Mar 201214,596105.052.22$32,433
Feb 201213,995101.102.57$35,971
Jan 201214,86598.092.73$40,642
Dec 201114,70996.873.24$47,653
Nov 201114,36495.723.31$47,563
Oct 201116,58584.983.65$60,511
Sep 201117,51883.623.99$69,823
Aug 201119,65183.404.15$81,538
Jul 201116,86694.144.52$76,188
Jun 201118,81292.904.64$87,285
May 201118,40598.134.40$81,071
Apr 201118,430105.964.33$79,862
Mar 201124,09296.364.06$97,749
Feb 201122,89085.644.18$95,680
Jan 201126,64586.504.59$122,268
Dec 201027,99785.734.35$121,724
Nov 201028,74280.843.80$109,085
Oct 201031,91678.103.51$111,990
Sep 201032,67672.633.98$130,033
Aug 201036,50673.684.42$161,333
Jul 201039,84772.554.74$188,735
Jun 201043,04470.364.91$211,363
May 201050,33371.124.24$213,171
Apr 201059,77481.694.12$246,430
Mar 201049,94978.394.39$219,210
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
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

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.

May 2026 — as filed, then multipliedworked
Gas                5,771 Mcf  × $  3.05 =    $17,578

────────────────────────────────────────────────────
Month total                                  $17,578

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/251504 is the state's own key, not one this site invented.