NOVIKOFF

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 251512District 09Field 65280200GasSaveExport
Value, all time
$1.6 M
Apr 2008 – May 2026
Value, last 12 filed months
$93 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
GasProduction460,147 Mcf$1,552,974
Total$1,552,974

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 20262,005106.413.05$6,107
Apr 20262,12298.932.87$6,090
Mar 20261,93689.753.15$6,097
Feb 20261,10163.503.75$4,129
Jan 20261,81659.138.00$14,524
Dec 20252,32156.664.41$10,243
Nov 20252,35858.593.93$9,259
Oct 20252,50759.383.30$8,285
Sep 20252,41662.743.08$7,434
Aug 20252,25363.933.01$6,792
Jul 20252,36666.743.32$7,844
Jun 20251,91166.483.13$5,979
May 20252,56060.553.23$8,275
Apr 20252,36562.363.54$8,379
Mar 20252,53267.704.27$10,807
Feb 20251,79970.884.34$7,809
Jan 20252,30474.324.28$9,858
Dec 20242,27268.993.12$7,092
Nov 20242,15069.052.20$4,727
Oct 20242,18671.372.28$4,987
Sep 20242,51769.612.36$5,951
Aug 20242,92175.632.06$6,028
Jul 20242,65879.932.15$5,706
Jun 20242,94678.082.63$7,760
May 20242,62778.812.20$5,775
Apr 20242,63984.451.66$4,379
Mar 20242,82580.301.55$4,365
Feb 20242,82076.091.78$5,030
Jan 20243,09573.023.30$10,206
Dec 20233,53471.262.61$9,226
Nov 20232,69577.892.81$7,566
Oct 20233,54985.443.09$10,957
Sep 20233,82089.042.74$10,448
Aug 20231,41180.522.67$3,771
Jul 2023074.852.64$0
Jun 20232,99868.962.26$6,771
May 20233,50070.622.23$7,796
Apr 20233,15578.122.24$7,060
Mar 20233,38872.852.39$8,108
Feb 20233,41475.112.47$8,418
Jan 20233,58576.533.39$12,145
Dec 20223,64276.415.73$20,865
Nov 20223,85885.005.65$21,783
Oct 20224,54387.185.86$26,639
Sep 20224,59684.888.16$37,520
Aug 20223,63494.529.13$33,168
Jul 20224,301101.587.54$32,438
Jun 20222,781115.097.98$22,185
May 20223,011109.378.43$25,392
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 20172,11347.933.21$6,786
Mar 20174,84946.772.98$14,468
Feb 20174,33650.452.95$12,802
Jan 20173,02049.413.42$10,325
Dec 20162,85648.763.72$10,632
Nov 20164,74742.492.64$12,553
Oct 20164,84646.193.09$14,975
Sep 20164,73141.553.10$14,669
Aug 20165,07741.442.92$14,847
Jul 20165,50141.622.92$16,087
Jun 20165,41145.352.69$14,533
May 20165,27442.521.99$10,501
Apr 20165,17336.561.99$10,300
Mar 20165,86733.011.79$10,525
Feb 20166,76226.472.06$13,954
Jan 20167,70427.352.36$18,215
Dec 20156,66332.362.00$13,335
Nov 20153,39838.792.17$7,365
Oct 20156,09443.552.43$14,788
Sep 20155,89842.992.76$16,269
Aug 20156,25240.162.87$17,959
Jul 20156,51748.152.95$19,193
Jun 20155,67756.152.88$16,366
May 20156,93255.212.96$20,487
Apr 20154,77549.822.71$12,924
Mar 20151,03842.892.93$3,046
Feb 20154,35444.662.98$12,958
Jan 20157,89143.433.10$24,467
Dec 20146,86054.693.59$24,637
Nov 20147,33570.464.25$31,187
Oct 20149,25678.303.90$36,107
Sep 20148,28886.164.05$33,529
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 201428294.734.73$1,333
Apr 20146,14695.944.81$29,557
Mar 20144,48795.895.06$22,690
Feb 20145,59797.406.19$34,657
Jan 20145,32390.404.86$25,874
Dec 20136,68691.824.35$29,114
Nov 20133,65088.853.74$13,645
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 201389294.834.15$3,701
Apr 20134,64193.964.28$19,876
Mar 20136,50693.623.91$25,457
Feb 20135,99391.233.42$20,496
Jan 20139,58491.603.42$32,776
Dec 20128,56886.773.42$29,304
Nov 201211,41086.953.62$41,361
Oct 201215,42889.383.40$52,450
Sep 20126,77094.672.92$19,758
Aug 2012092.662.91$0
Jul 20126,05585.133.02$18,291
Jun 201216,76879.822.52$42,239
May 201210,72391.612.49$26,682
Apr 201215,400101.652.00$30,751
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
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                2,005 Mcf  × $  3.05 =     $6,107

────────────────────────────────────────────────────
Month total                                   $6,107

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/251512 is the state's own key, not one this site invented.