MERCADO

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 254299District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Aug 2009 – May 2026
Value, last 12 filed months
$23 k
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
GasProduction2,144,167 Mcf$8,070,862
Total$8,070,862

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 20251,99466.743.32$6,611
Jun 20255,20166.483.13$16,272
May 20254,82760.553.23$15,602
Apr 20255,15762.363.54$18,272
Mar 20255,54867.704.27$23,681
Feb 20256,61670.884.34$28,719
Jan 20255,65074.324.28$24,175
Dec 20246,00868.993.12$18,753
Nov 20245,86369.052.20$12,889
Oct 20246,75771.372.28$15,415
Sep 20246,92369.612.36$16,368
Aug 20246,76575.632.06$13,960
Jul 20246,39479.932.15$13,725
Jun 20245,31378.082.63$13,994
May 20245,84278.812.20$12,843
Apr 20244,84284.451.66$8,034
Mar 20246,03480.301.55$9,323
Feb 20247,92076.091.78$14,126
Jan 20248,23973.023.30$27,169
Dec 20237,85571.262.61$20,507
Nov 20239,35577.892.81$26,265
Oct 20237,90785.443.09$24,411
Sep 20238,40789.042.74$22,993
Aug 202310,47180.522.67$27,988
Jul 20239,04974.852.64$23,906
Jun 20238,85368.962.26$19,994
May 20238,55170.622.23$19,047
Apr 20238,05378.122.24$18,021
Mar 20237,34172.852.39$17,568
Feb 20232,38175.112.47$5,871
Jan 202310,72076.533.39$36,316
Dec 202211,32876.415.73$64,899
Nov 20229,44585.005.65$53,328
Oct 20228,83187.185.86$51,783
Sep 20229,59284.888.16$78,306
Aug 20223,41994.529.13$31,206
Jul 20220101.587.54$0
Jun 20225,879115.097.98$46,898
May 20229,907109.378.43$83,546
Apr 20227,370104.226.84$50,393
Mar 20227,526108.885.08$38,205
Feb 20227,27891.054.86$35,363
Jan 20227,73681.844.54$35,103
Dec 20217,88571.323.90$30,745
Nov 20217,68577.435.24$40,245
Oct 20217,13979.795.71$40,791
Sep 20216,29569.865.35$33,684
Aug 20218,92966.024.22$37,686
Jul 20219,43370.783.98$37,563
Jun 20218,91669.493.38$30,142
May 202111,08463.483.02$33,448
Apr 20219,88960.362.76$27,278
Mar 202110,93861.302.72$29,718
Feb 20217,60157.805.55$42,170
Jan 202111,63250.412.81$32,689
Dec 202011,25044.642.68$30,099
Nov 20202,76438.772.71$7,481
Oct 20202,92036.972.48$7,237
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 20201,56438.371.83$2,854
Jun 20209,41334.901.69$15,911
May 20207,54916.921.81$13,700
Apr 20207,10114.751.80$12,813
Mar 20207,07830.341.86$13,138
Feb 20206,56649.881.98$13,005
Jan 20207,95857.252.09$16,670
Dec 20198,67459.012.30$19,988
Nov 20197,25155.302.75$19,945
Oct 20197,55153.472.42$18,262
Sep 20195,87355.052.66$15,606
Aug 20195,69053.112.30$13,112
Jul 201910,41956.272.46$25,631
Jun 20196,84552.782.49$17,052
May 20198,00458.482.74$21,934
Apr 20196,95062.632.75$19,117
Mar 20196,46156.803.06$19,784
Feb 20193,86750.852.79$10,798
Jan 20198,28346.033.23$26,739
Dec 20189,82046.594.19$41,101
Nov 20188,15852.934.24$34,567
Oct 20188,33161.443.40$28,309
Sep 20186,54359.543.11$20,336
Aug 20186,56459.403.07$20,129
Jul 20188,78365.142.93$25,751
Jun 20189,22060.183.08$28,369
May 20188,71065.382.90$25,266
Apr 20187,92563.842.90$22,989
Mar 201812,84061.222.79$35,783
Feb 201810,90661.782.77$30,167
Jan 20187,19662.874.01$28,851
Dec 201715,52757.272.92$45,362
Nov 201714,81455.423.12$46,195
Oct 201714,43549.292.98$43,069
Sep 20178,45847.523.09$26,112
Aug 20179,13945.373.00$27,457
Jul 20179,79743.873.09$30,246
Jun 201710,01242.493.09$30,910
May 201711,70945.373.26$38,211
Apr 201711,48847.933.21$36,895
Mar 20178,60646.772.98$25,678
Feb 20178,68850.452.95$25,652
Jan 201717,24449.413.42$58,954
Dec 201617,03148.763.72$63,404
Nov 201614,95242.492.64$39,538
Oct 201616,25346.193.09$50,226
Sep 201613,51841.553.10$41,914
Aug 201616,64641.442.92$48,679
Jul 201617,66141.622.92$51,647
Jun 201617,60445.352.69$47,281
May 201617,87142.521.99$35,582
Apr 201618,73336.561.99$37,298
Mar 201617,28533.011.79$31,009
Feb 201614,88126.472.06$30,709
Jan 201612,58327.352.36$29,751
Dec 201510,94832.362.00$21,911
Nov 201514,70838.792.17$31,877
Oct 201516,45243.552.43$39,922
Sep 201512,48742.992.76$34,444
Aug 20155,74540.162.87$16,502
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 201411,81470.464.25$50,231
Oct 20147,00578.303.90$27,326
Sep 2014386.164.05$12
Aug 2014089.394.04$0
Jul 201493996.564.18$3,925
Jun 201416,06098.164.74$76,074
May 201419,14194.734.73$90,471
Apr 20146,07495.944.81$29,211
Mar 201421,14395.895.06$106,916
Feb 201418,58797.406.19$115,091
Jan 201417,34090.404.86$84,285
Dec 201317,29891.824.35$75,324
Nov 201313,91788.853.74$52,026
Oct 201322,07297.423.78$83,418
Sep 201310,382104.113.72$38,598
Aug 20139,802104.253.52$34,529
Jul 201315,600102.523.72$57,997
Jun 201314,25194.403.93$56,055
May 201320,19894.834.15$83,803
Apr 201320,43693.964.28$87,519
Mar 201316,81593.623.91$65,795
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
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 20118,64883.623.99$34,469
Aug 201113,44683.404.15$55,792
Jul 2011094.144.52$0
Jun 20115,87592.904.64$27,259
May 2011098.134.40$0
Apr 201123,253105.964.33$100,762
Mar 201126,10796.364.06$105,925
Feb 201120,65485.644.18$86,333
Jan 201128,70386.504.59$131,712
Dec 201029,90085.734.35$129,998
Nov 201034,43180.843.80$130,677
Oct 201035,34578.103.51$124,022
Sep 201023,21472.633.98$92,379
Aug 201053,97873.684.42$238,548
Jul 201053,39772.554.74$252,914
Jun 20109,56870.364.91$46,983
May 20101,85871.124.24$7,869
Apr 201039,56681.694.12$163,118
Mar 201042,59078.394.39$186,913
Feb 201040,01973.585.44$217,798
Jan 201052,91774.365.96$315,602
Dec 200948,91371.445.48$268,227
Nov 200955,08674.593.75$206,655
Oct 200974,45572.544.11$306,029
Sep 200919,79365.543.06$60,661
Aug 200966,69967.423.22$214,671

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.

Jul 2025 — as filed, then multipliedworked
Gas                1,994 Mcf  × $  3.32 =     $6,611

────────────────────────────────────────────────────
Month total                                   $6,611

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/254299 is the state's own key, not one this site invented.