NEWELL

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 254531District 09Field 65280200GasSaveExport
Value, all time
$8.8 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
GasProduction2,415,454 Mcf$8,830,876
Total$8,830,876

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 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
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 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 20232674.852.64$69
Jun 202348768.962.26$1,100
May 202380570.622.23$1,793
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 2022927101.587.54$6,992
Jun 20223,461115.097.98$27,609
May 202210,883109.378.43$91,777
Apr 20229,883104.226.84$67,576
Mar 202214,763108.885.08$74,943
Feb 202213,88091.054.86$67,441
Jan 202216,11781.844.54$73,134
Dec 20216,25871.323.90$24,401
Nov 20216,84277.435.24$35,831
Oct 202113,70879.795.71$78,326
Sep 202115,77969.865.35$84,432
Aug 202121,05366.024.22$88,856
Jul 202123,01970.783.98$91,664
Jun 202124,72269.493.38$83,576
May 202125,31363.483.02$76,386
Apr 202125,55260.362.76$70,483
Mar 202123,78861.302.72$64,631
Feb 202119,72057.805.55$109,406
Jan 202128,05250.412.81$78,834
Dec 202030,17644.642.68$80,735
Nov 202030,05138.772.71$81,335
Oct 20209,65736.972.48$23,934
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 201911855.302.75$325
Oct 201910253.472.42$247
Sep 20194255.052.66$112
Aug 20193,12753.112.30$7,206
Jul 201912,79456.272.46$31,474
Jun 20199,83052.782.49$24,489
May 201915,58058.482.74$42,694
Apr 201912,38962.632.75$34,078
Mar 201915,44256.803.06$47,285
Feb 201915,52850.852.79$43,358
Jan 201916,30546.033.23$52,635
Dec 201814,27946.594.19$59,764
Nov 201815,19752.934.24$64,393
Oct 201814,41761.443.40$48,990
Sep 201815,38759.543.11$47,823
Aug 201817,90659.403.07$54,910
Jul 201819,63965.142.93$57,579
Jun 201817,25360.183.08$53,086
May 201816,29765.382.90$47,274
Apr 201816,61463.842.90$48,194
Mar 201819,11661.222.79$53,273
Feb 201818,79961.782.77$52,000
Jan 201817,56762.874.01$70,432
Dec 201717,78157.272.92$51,948
Nov 201716,01855.423.12$49,950
Oct 20179,04349.292.98$26,981
Sep 201711,68847.523.09$36,084
Aug 201713,44745.373.00$40,400
Jul 201711,83243.873.09$36,529
Jun 201710,75042.493.09$33,188
May 20177,29145.373.26$23,793
Apr 20179,52347.933.21$30,584
Mar 201711,95446.772.98$35,667
Feb 201712,13550.452.95$35,830
Jan 20178,58549.413.42$29,350
Dec 201610,28548.763.72$38,289
Nov 201613,80442.492.64$36,503
Oct 201612,04746.193.09$37,228
Sep 201610,31041.553.10$31,968
Aug 201612,20141.442.92$35,680
Jul 201614,06741.622.92$41,137
Jun 201616,21045.352.69$43,537
May 201624,77142.521.99$49,320
Apr 201620,50236.561.99$40,820
Mar 201627,39233.011.79$49,142
Feb 201625,70826.472.06$53,052
Jan 201619,66027.352.36$46,483
Dec 201519,15432.362.00$38,335
Nov 20158238.792.17$178
Oct 20155843.552.43$141
Sep 20151442.992.76$39
Aug 20153640.162.87$103
Jul 20154248.152.95$124
Jun 20157656.152.88$219
May 20156155.212.96$180
Apr 20156649.822.71$179
Mar 20157542.892.93$220
Feb 201511144.662.98$330
Jan 201514843.433.10$459
Dec 20146354.693.59$226
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 201414089.394.04$565
Jul 201412696.564.18$527
Jun 20145698.164.74$265
May 2014394.734.73$14
Apr 20141195.944.81$53
Mar 201469695.895.06$3,520
Feb 20143,92597.406.19$24,304
Jan 20142,75090.404.86$13,367
Dec 20137,81591.824.35$34,030
Nov 201326,95988.853.74$100,780
Oct 201320,04497.423.78$75,753
Sep 201316,182104.113.72$60,160
Aug 201329,848104.253.52$105,143
Jul 201332,959102.523.72$122,533
Jun 201334,57894.403.93$136,009
May 201313,06494.834.15$54,204
Apr 20134,55193.964.28$19,490
Mar 201332,11993.623.91$125,677
Feb 201334,78691.233.42$118,965
Jan 201327,24991.603.42$93,189
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 20128,76089.383.40$29,781
Sep 201223,05294.672.92$67,275
Aug 201226,22892.662.91$76,275
Jul 201223,76185.133.02$71,777
Jun 201216,97279.822.52$42,753
May 201214,21291.612.49$35,364
Apr 201236,773101.652.00$73,428
Mar 201235,700105.052.22$79,328
Feb 201225,535101.102.57$65,631
Jan 201220,99298.092.73$57,394
Dec 20114,70796.873.24$15,249
Nov 201118,03395.723.31$59,712
Oct 201123,89484.983.65$87,178
Sep 201137,95883.623.99$151,293
Aug 201127,47283.404.15$113,990
Jul 201138,88094.144.52$175,630
Jun 201142,94992.904.64$199,278
May 201145,52798.134.40$200,538
Apr 201117,451105.964.33$75,620
Mar 20119,61696.364.06$39,015
Feb 201113,41985.644.18$56,091
Jan 201142,00886.504.59$192,765
Dec 201049,25385.734.35$214,140
Nov 201050,57080.843.80$191,930
Oct 201017,55478.103.51$61,595
Sep 20108,49372.633.98$33,798
Aug 201017,22573.684.42$76,123
Jul 201065,42572.554.74$309,885
Jun 201073,36670.364.91$360,256
May 201015,62571.124.24$66,175
Apr 201068,63981.694.12$282,977
Mar 201096,93478.394.39$425,411
Feb 201064,97073.585.44$353,590
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

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 2023 — as filed, then multipliedworked
Gas                   26 Mcf  × $  2.64 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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/254531 is the state's own key, not one this site invented.