I-20 JV

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 253668District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
May 2009 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
205
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
GasProduction1,754,819 Mcf$6,212,560
Total$6,212,560

Every month this lease reported (205)

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

205 months

May 20262,330106.413.05$7,097
Apr 20262,27698.932.87$6,531
Mar 20262,39589.753.15$7,543
Feb 20262,22063.503.75$8,326
Jan 20261,43059.138.00$11,437
Dec 20252,59856.664.41$11,466
Nov 20252,66158.593.93$10,448
Oct 20252,47559.383.30$8,179
Sep 20252,45262.743.08$7,545
Aug 20252,70063.933.01$8,140
Jul 20252,83466.743.32$9,395
Jun 20252,68766.483.13$8,407
May 20252,60760.553.23$8,427
Apr 20253,05862.363.54$10,835
Mar 20252,85267.704.27$12,173
Feb 20252,27770.884.34$9,884
Jan 20252,68474.324.28$11,484
Dec 20242,96068.993.12$9,239
Nov 20242,77969.052.20$6,109
Oct 20242,67671.372.28$6,105
Sep 20242,65069.612.36$6,266
Aug 20242,95375.632.06$6,094
Jul 20242,91979.932.15$6,266
Jun 20242,44478.082.63$6,437
May 20242,68378.812.20$5,898
Apr 20242,86484.451.66$4,752
Mar 20243,02080.301.55$4,666
Feb 20242,97276.091.78$5,301
Jan 20243,80173.023.30$12,534
Dec 20233,69371.262.61$9,641
Nov 20232,69777.892.81$7,572
Oct 20232,85985.443.09$8,827
Sep 20232,85389.042.74$7,803
Aug 20233,11080.522.67$8,313
Jul 20233,26774.852.64$8,631
Jun 20233,16668.962.26$7,150
May 20232,95670.622.23$6,584
Apr 20232,86078.122.24$6,400
Mar 20233,03872.852.39$7,270
Feb 20233,32775.112.47$8,203
Jan 20233,63276.533.39$12,304
Dec 20224,42176.415.73$25,328
Nov 20224,23585.005.65$23,912
Oct 20223,84687.185.86$22,552
Sep 20223,53884.888.16$28,883
Aug 20223,66094.529.13$33,405
Jul 20224,212101.587.54$31,767
Jun 20224,025115.097.98$32,108
May 20224,287109.378.43$36,152
Apr 20223,921104.226.84$26,810
Mar 20223,744108.885.08$19,006
Feb 20223,39991.054.86$16,515
Jan 20223,89581.844.54$17,674
Dec 20213,79671.323.90$14,801
Nov 20213,53277.435.24$18,497
Oct 20213,98079.795.71$22,741
Sep 20213,51169.865.35$18,787
Aug 20214,05166.024.22$17,098
Jul 20214,09770.783.98$16,315
Jun 20214,17469.493.38$14,111
May 20214,63463.483.02$13,984
Apr 20214,87160.362.76$13,436
Mar 20215,11961.302.72$13,908
Feb 20214,16757.805.55$23,118
Jan 20215,19950.412.81$14,611
Dec 20204,53744.642.68$12,139
Nov 20204,94838.772.71$13,392
Oct 20204,94736.972.48$12,261
Sep 20204,83337.091.99$9,623
Aug 20205,61739.982.39$13,397
Jul 20205,87838.371.83$10,728
Jun 20204,60234.901.69$7,779
May 20203,03616.921.81$5,510
Apr 20203,87014.751.80$6,983
Mar 20203,97430.341.86$7,377
Feb 20203,67749.881.98$7,283
Jan 20204,69257.252.09$9,829
Dec 20194,43959.012.30$10,229
Nov 20195,00255.302.75$13,759
Oct 20192,74353.472.42$6,634
Sep 20194,32155.052.66$11,482
Aug 20194,21553.112.30$9,713
Jul 20195,02756.272.46$12,367
Jun 20194,94752.782.49$12,324
May 20195,56758.482.74$15,255
Apr 20195,61462.632.75$15,442
Mar 20195,86956.803.06$17,971
Feb 20195,26150.852.79$14,690
Jan 20195,48446.033.23$17,703
Dec 20184,08146.594.19$17,081
Nov 20184,80652.934.24$20,364
Oct 20185,00761.443.40$17,014
Sep 20184,85859.543.11$15,099
Aug 20185,77059.403.07$17,694
Jul 20186,29765.142.93$18,462
Jun 20186,68360.183.08$20,563
May 20187,08565.382.90$20,552
Apr 20186,10063.842.90$17,695
Mar 20186,42961.222.79$17,917
Feb 20186,09761.782.77$16,865
Jan 20186,64862.874.01$26,654
Dec 20177,90057.272.92$23,080
Nov 20178,12055.423.12$25,321
Oct 201710,00149.292.98$29,840
Sep 20179,49047.523.09$29,298
Aug 20179,57145.373.00$28,755
Jul 20179,50243.873.09$29,335
Jun 20179,11642.493.09$28,144
May 20179,74245.373.26$31,792
Apr 20177,85247.933.21$25,217
Mar 201710,06746.772.98$30,037
Feb 20179,52950.452.95$28,135
Jan 201710,11449.413.42$34,578
Dec 201610,01048.763.72$37,266
Nov 20169,39242.492.64$24,836
Oct 20169,22746.193.09$28,514
Sep 20169,50441.553.10$29,468
Aug 20169,65241.442.92$28,226
Jul 20165,68541.622.92$16,625
Jun 20165,71945.352.69$15,360
May 20168,37442.521.99$16,673
Apr 20168,67636.561.99$17,274
Mar 20169,15733.011.79$16,428
Feb 201610,48226.472.06$21,631
Jan 201613,24527.352.36$31,316
Dec 201514,89632.362.00$29,813
Nov 201513,86438.792.17$30,048
Oct 201512,85643.552.43$31,196
Sep 201511,14442.992.76$30,740
Aug 201512,98540.162.87$37,299
Jul 201510,65048.152.95$31,365
Jun 201510,59756.152.88$30,550
May 201511,68855.212.96$34,543
Apr 201512,71849.822.71$34,422
Mar 201513,61442.892.93$39,953
Feb 201511,52744.662.98$34,307
Jan 201513,85343.433.10$42,953
Dec 201414,27954.693.59$51,281
Nov 201415,04370.464.25$63,960
Oct 201417,08178.303.90$66,632
Sep 201419,74486.164.05$79,873
Aug 201418,73589.394.04$75,598
Jul 201413,25696.564.18$55,405
Jun 201419,75798.164.74$93,587
May 201421,76794.734.73$102,883
Apr 201421,63295.944.81$104,031
Mar 201424,47995.895.06$123,785
Feb 201418,92297.406.19$117,165
Jan 201426,30790.404.86$127,871
Dec 201327,59591.824.35$120,162
Nov 201310,47388.853.74$39,151
Oct 20133,77297.423.78$14,256
Sep 201311,775104.113.72$43,776
Aug 2013572104.253.52$2,015
Jul 2013408102.523.72$1,517
Jun 20135,69494.403.93$22,397
May 201322,93694.834.15$95,163
Apr 201317,19193.964.28$73,622
Mar 201330,15593.623.91$117,993
Feb 201327,71091.233.42$94,766
Jan 20131,06191.603.42$3,629
Dec 2012986.773.42$31
Nov 2012086.953.62$0
Oct 201219,55089.383.40$66,464
Sep 201228,92194.672.92$84,403
Aug 201236,79492.662.91$107,003
Jul 201244,73085.133.02$135,120
Jun 201220,62479.822.52$51,953
May 201247,62591.612.49$118,506
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201231,45098.092.73$85,987
Dec 201141,46996.873.24$134,349
Nov 201135,32495.723.31$116,968
Oct 201117,81884.983.65$65,010
Sep 20112,37183.623.99$9,450
Aug 201141,65483.404.15$172,836
Jul 201169,29094.144.52$313,000
Jun 20119,38292.904.64$43,531
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 201121,78586.504.59$99,967
Dec 201075,76285.734.35$329,394
Nov 201053,40880.843.80$202,701
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

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                2,330 Mcf  × $  3.05 =     $7,097

────────────────────────────────────────────────────
Month total                                   $7,097

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/253668 is the state's own key, not one this site invented.