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 253597District 09Field 65280200GasSaveExport
Value, all time
$5.0 M
Aug 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
202
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
GasProduction1,309,373 Mcf$5,024,225
Total$5,024,225

Every month this lease reported (202)

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

202 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 2024268.993.12$6
Nov 2024069.052.20$0
Oct 2024371.372.28$7
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 2024276.091.78$4
Jan 2024373.023.30$10
Dec 20233871.262.61$99
Nov 20233,25877.892.81$9,147
Oct 20232,50785.443.09$7,740
Sep 20233,08389.042.74$8,432
Aug 20233,73680.522.67$9,986
Jul 20234,26074.852.64$11,254
Jun 20233,60868.962.26$8,149
May 20232,80070.622.23$6,237
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 2022402101.587.54$3,032
Jun 20223,725115.097.98$29,715
May 20224,563109.378.43$38,480
Apr 20225,252104.226.84$35,911
Mar 20226,092108.885.08$30,925
Feb 20224,55091.054.86$22,108
Jan 20225,31381.844.54$24,109
Dec 20216,44371.323.90$25,122
Nov 20215,40377.435.24$28,295
Oct 20216,14879.795.71$35,129
Sep 20214,47369.865.35$23,935
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 20191,72956.272.46$4,253
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20192,51356.803.06$7,695
Feb 20193,45150.852.79$9,636
Jan 20193,97646.033.23$12,835
Dec 20184,10646.594.19$17,185
Nov 20184,04052.934.24$17,118
Oct 20184,00461.443.40$13,606
Sep 20184,52359.543.11$14,057
Aug 20185,25259.403.07$16,106
Jul 20186,27365.142.93$18,392
Jun 20186,30860.183.08$19,409
May 20187,33765.382.90$21,283
Apr 20181,10363.842.90$3,200
Mar 2018061.222.79$0
Feb 20181,02361.782.77$2,830
Jan 20184,77762.874.01$19,153
Dec 20175,30757.272.92$15,505
Nov 20174,24055.423.12$13,222
Oct 20175,56849.292.98$16,613
Sep 20175,95547.523.09$18,385
Aug 20176,13945.373.00$18,444
Jul 20176,26843.873.09$19,351
Jun 20176,22542.493.09$19,218
May 20176,46445.373.26$21,095
Apr 20175,47847.933.21$17,593
Mar 20177,06246.772.98$21,071
Feb 20175,96450.452.95$17,609
Jan 20178,29149.413.42$28,345
Dec 20168,68748.763.72$32,340
Nov 20168,52342.492.64$22,538
Oct 20168,59146.193.09$26,548
Sep 20169,09841.553.10$28,210
Aug 20167,77841.442.92$22,746
Jul 20168,08741.622.92$23,649
Jun 20168,09945.352.69$21,753
May 20168,55742.521.99$17,037
Apr 20168,38536.561.99$16,695
Mar 20169,06533.011.79$16,263
Feb 20168,65026.472.06$17,850
Jan 20169,35927.352.36$22,128
Dec 20155,09032.362.00$10,187
Nov 201511938.792.17$258
Oct 20151,70343.552.43$4,132
Sep 20155,82242.992.76$16,060
Aug 20156,23740.162.87$17,916
Jul 20155,78948.152.95$17,049
Jun 20155,62356.152.88$16,210
May 20157,11355.212.96$21,022
Apr 201510,04349.822.71$27,182
Mar 201510,53742.892.93$30,923
Feb 20155,73044.662.98$17,054
Jan 20155,63443.433.10$17,469
Dec 20146,03354.693.59$21,667
Nov 20145,93670.464.25$25,239
Oct 20144,35878.303.90$17,000
Sep 20145,21186.164.05$21,081
Aug 20145,08789.394.04$20,527
Jul 20143,77296.564.18$15,765
Jun 20142,11698.164.74$10,023
May 20144,22694.734.73$19,974
Apr 20145,11095.944.81$24,575
Mar 20146,18895.895.06$31,291
Feb 20146,58297.406.19$40,756
Jan 20147,23890.404.86$35,182
Dec 20137,31991.824.35$31,870
Nov 20137,31888.853.74$27,357
Oct 20137,63597.423.78$28,855
Sep 20136,966104.113.72$25,898
Aug 20137,572104.253.52$26,673
Jul 20137,877102.523.72$29,285
Jun 20138,29894.403.93$32,639
May 20139,15494.834.15$37,981
Apr 20138,11993.964.28$34,770
Mar 20139,34093.623.91$36,546
Feb 20137,95691.233.42$27,209
Jan 20139,06091.603.42$30,984
Dec 20129,25986.773.42$31,667
Nov 20129,90086.953.62$35,887
Oct 201210,22989.383.40$34,775
Sep 20129,85594.672.92$28,761
Aug 20129,80692.662.91$28,517
Jul 20129,25085.133.02$27,942
Jun 20127,80679.822.52$19,664
May 201210,65491.612.49$26,511
Apr 201210,340101.652.00$20,647
Mar 20129,647105.052.22$21,436
Feb 20121,557101.102.57$4,002
Jan 201210,79698.092.73$29,517
Dec 201111,91196.873.24$38,589
Nov 201111,54295.723.31$38,219
Oct 201110,60084.983.65$38,675
Sep 201113,70483.623.99$54,621
Aug 201115,54283.404.15$64,489
Jul 201114,32194.144.52$64,691
Jun 201114,37192.904.64$66,680
May 201115,53098.134.40$68,407
Apr 201115,799105.964.33$68,461
Mar 201116,56396.364.06$67,202
Feb 201115,68885.644.18$65,576
Jan 201115,39786.504.59$70,653
Dec 201018,94385.734.35$82,359
Nov 201018,95580.843.80$71,940
Oct 201020,47778.103.51$71,852
Sep 201020,23472.633.98$80,521
Aug 201020,67773.684.42$91,379
Jul 201022,45472.554.74$106,353
Jun 201022,50670.364.91$110,513
May 201025,03871.124.24$106,041
Apr 201026,44481.694.12$109,020
Mar 201030,21978.394.39$132,621
Feb 201028,12773.585.44$153,077
Jan 201036,38274.365.96$216,986
Dec 200942,27571.445.48$231,826
Nov 200948,66074.593.75$182,548
Oct 200925,97672.544.11$106,768
Sep 200944,50765.543.06$136,403
Aug 200937,60267.423.22$121,022

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.

Dec 2024 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.12 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/253597 is the state's own key, not one this site invented.