MINERALS, W.S.

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 254585District 09Field 65280200CondensateGasSaveExport
Value, all time
$21.3 M
Apr 2006 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
242
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition12 bbl$795
GasProduction3,840,044 Mcf$21,318,670
Total$21,319,465

Every month this lease reported (242)

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

242 months

May 202603,610106.413.05$10,995
Apr 202603,92798.932.87$11,269
Mar 202602,96589.753.15$9,338
Feb 202602,56363.503.75$9,612
Jan 202602,97259.138.00$23,770
Dec 202503,29056.664.41$14,520
Nov 202503,36458.593.93$13,209
Oct 202503,74859.383.30$12,387
Sep 202503,56662.743.08$10,972
Aug 202503,71163.933.01$11,188
Jul 202503,79566.743.32$12,581
Jun 202503,43166.483.13$10,735
May 202503,48260.553.23$11,255
Apr 202503,22562.363.54$11,427
Mar 202503,22867.704.27$13,778
Feb 202503,14770.884.34$13,661
Jan 202503,58474.324.28$15,335
Dec 202403,25468.993.12$10,157
Nov 202403,23169.052.20$7,103
Oct 202403,75371.372.28$8,562
Sep 2024078569.612.36$1,856
Aug 202401,84075.632.06$3,797
Jul 202401,26979.932.15$2,724
Jun 202402,49178.082.63$6,561
May 202403,06778.812.20$6,743
Apr 202403,61584.451.66$5,998
Mar 202408,56880.301.55$13,239
Feb 202407,45076.091.78$13,288
Jan 202408,18573.023.30$26,991
Dec 202304,34971.262.61$11,354
Nov 202304,21277.892.81$11,825
Oct 202304,08185.443.09$12,599
Sep 202304,09789.042.74$11,205
Aug 202304,12480.522.67$11,023
Jul 202304,06174.852.64$10,728
Jun 202304,15768.962.26$9,389
May 202304,68170.622.23$10,426
Apr 202304,41178.122.24$9,871
Mar 202304,66572.852.39$11,164
Feb 202303,99175.112.47$9,841
Jan 202304,85476.533.39$16,444
Dec 202204,89576.415.73$28,044
Nov 202204,10585.005.65$23,178
Oct 202204,45587.185.86$26,123
Sep 202203,92984.888.16$32,075
Aug 202204,61194.529.13$42,085
Jul 202202,830101.587.54$21,344
Jun 202203,720115.097.98$29,675
May 202204,680109.378.43$39,467
Apr 202204,884104.226.84$33,395
Mar 202204,873108.885.08$24,737
Feb 202204,12391.054.86$20,033
Jan 202204,59881.844.54$20,864
Dec 202104,63871.323.90$18,084
Nov 202104,72377.435.24$24,734
Oct 202105,05079.795.71$28,855
Sep 202104,84069.865.35$25,898
Aug 202104,52566.024.22$19,098
Jul 202104,89670.783.98$19,496
Jun 202104,69769.493.38$15,879
May 202104,84463.483.02$14,618
Apr 202104,63660.362.76$12,788
Mar 202105,56461.302.72$15,117
Feb 202103,56057.805.55$19,751
Jan 202104,98550.412.81$14,009
Dec 202004,94744.642.68$13,236
Nov 202004,73538.772.71$12,816
Oct 202005,69236.972.48$14,107
Sep 202005,61537.091.99$11,180
Aug 202005,84839.982.39$13,948
Jul 202005,84938.371.83$10,675
Jun 202005,73234.901.69$9,689
May 202006,00316.921.81$10,894
Apr 202005,89514.751.80$10,637
Mar 202006,13130.341.86$11,381
Feb 202005,72849.881.98$11,345
Jan 202006,03957.252.09$12,650
Dec 201905,73359.012.30$13,211
Nov 201905,29655.302.75$14,568
Oct 201905,51653.472.42$13,341
Sep 201905,27655.052.66$14,020
Aug 201905,50153.112.30$12,676
Jul 201904,42156.272.46$10,876
Jun 201904,52252.782.49$11,265
May 201904,62458.482.74$12,671
Apr 201904,51462.632.75$12,417
Mar 201905,31656.803.06$16,278
Feb 201904,91550.852.79$13,724
Jan 201905,27746.033.23$17,035
Dec 201805,71246.594.19$23,907
Nov 201805,56252.934.24$23,568
Oct 201805,56361.443.40$18,904
Sep 201805,34159.543.11$16,600
Aug 201805,64959.403.07$17,323
Jul 201805,67765.142.93$16,644
Jun 201806,15860.183.08$18,948
May 201807,18265.382.90$20,834
Apr 201806,88263.842.90$19,963
Mar 201806,93661.222.79$19,330
Feb 201805,60461.782.77$15,501
Jan 201806,23662.874.01$25,002
Dec 201705,72857.272.92$16,734
Nov 201705,61955.423.12$17,522
Oct 201705,41349.292.98$16,151
Sep 201705,09447.523.09$15,727
Aug 201707,27145.373.00$21,845
Jul 201707,14943.873.09$22,071
Jun 201706,82042.493.09$21,055
May 201706,88045.373.26$22,452
Apr 201707,04847.933.21$22,635
Mar 201706,81046.772.98$20,319
Feb 201706,59350.452.95$19,466
Jan 201707,84749.413.42$26,827
Dec 201607,67948.763.72$28,588
Nov 201607,69642.492.64$20,351
Oct 201607,93346.193.09$24,515
Sep 201607,83841.553.10$24,303
Aug 201608,22441.442.92$24,050
Jul 201607,99141.622.92$23,368
Jun 201608,10545.352.69$21,769
May 201608,48342.521.99$16,890
Apr 201607,54836.561.99$15,028
Mar 201608,30233.011.79$14,894
Feb 201607,94726.472.06$16,400
Jan 201608,03727.352.36$19,002
Dec 201508,10332.362.00$16,217
Nov 201507,89438.792.17$17,109
Oct 201508,42743.552.43$20,449
Sep 201508,11642.992.76$22,387
Aug 201508,46140.162.87$24,304
Jul 201508,52048.152.95$25,092
Jun 201508,34256.152.88$24,049
May 201508,69555.212.96$25,698
Apr 201508,53249.822.71$23,092
Mar 201508,96242.892.93$26,301
Feb 201507,84044.662.98$23,333
Jan 201508,19043.433.10$25,394
Dec 201407,62754.693.59$27,391
Nov 201409,64870.464.25$41,022
Oct 201408,01378.303.90$31,258
Sep 201408,71886.164.05$35,268
Aug 201408,71589.394.04$35,166
Jul 201408,14096.564.18$34,022
Jun 201409,34098.164.74$44,242
May 201409,49694.734.73$44,883
Apr 2014010,80995.944.81$51,982
Mar 2014011,88995.895.06$60,120
Feb 2014011,35097.406.19$70,279
Jan 2014013,70390.404.86$66,606
Dec 2013012,43291.824.35$54,135
Nov 2013012,12288.853.74$45,315
Oct 2013013,13297.423.78$49,631
Sep 2013012,023104.113.72$44,698
Aug 2013012,178104.253.52$42,898
Jul 2013011,821102.523.72$43,947
Jun 2013014,90794.403.93$58,635
May 2013013,44194.834.15$55,768
Apr 2013016,62993.964.28$71,215
Mar 2013018,52193.623.91$72,470
Feb 2013018,08891.233.42$61,859
Jan 2013020,14691.603.42$68,898
Dec 2012016,10186.773.42$55,068
Nov 2012019,33486.953.62$70,085
Oct 2012019,22889.383.40$65,369
Sep 2012018,14994.672.92$52,966
Aug 2012019,18092.662.91$55,779
Jul 2012019,16785.133.02$57,900
Jun 2012018,43979.822.52$46,449
May 2012018,60091.612.49$46,283
Apr 2012017,194101.652.00$34,333
Mar 201205,675105.052.22$12,610
Feb 201204,976101.102.57$12,790
Jan 2012013,40498.092.73$36,648
Dec 2011014,30396.873.24$46,338
Nov 2011015,12995.723.31$50,096
Oct 2011015,40384.983.65$56,198
Sep 2011014,46983.623.99$57,671
Aug 2011015,50783.404.15$64,344
Jul 2011016,68594.144.52$75,370
Jun 2011017,20292.904.64$79,815
May 2011017,07798.134.40$75,221
Apr 2011016,087105.964.33$69,709
Mar 2011016,22196.364.06$65,814
Feb 2011015,64485.644.18$65,392
Jan 2011016,38686.504.59$75,192
Dec 2010016,29085.734.35$70,825
Nov 2010016,90580.843.80$64,160
Oct 2010017,36578.103.51$60,932
Sep 2010017,36972.633.98$69,119
Aug 2010017,44673.684.42$77,100
Jul 2010018,37972.554.74$87,052
Jun 2010016,98770.364.91$83,413
May 2010018,29771.124.24$77,492
Apr 2010017,30381.694.12$71,335
Mar 2010017,23378.394.39$75,630
Feb 2010016,77973.585.44$91,317
Jan 2010019,64674.365.96$117,171
Dec 2009020,56471.445.48$112,768
Nov 2009020,68074.593.75$77,581
Oct 2009020,93272.544.11$86,036
Sep 2009022,08265.543.06$67,676
Aug 2009021,39567.423.22$68,860
Jul 2009020,63661.133.46$71,493
Jun 2009016,07366.163.90$62,604
May 2009025,65054.743.93$100,695
Apr 2009025,25546.773.59$90,602
Mar 2009027,25942.144.06$110,644
Feb 2009023,36932.814.63$108,269
Jan 2009019,70335.865.37$105,825
Dec 2008024,28037.105.98$145,125
Nov 2008014,55655.496.86$99,859
Oct 2008036,12275.246.92$250,036
Sep 2008035,973101.767.88$283,363
Aug 2008037,391114.228.48$317,189
Jul 2008035,666131.0811.39$406,215
Jun 2008034,811131.3313.03$453,679
May 2008036,909123.1711.57$427,195
Apr 2008035,688110.3110.45$373,113
Mar 2008037,348101.909.66$360,934
Feb 2008037,61092.538.77$329,862
Jan 2008045,89090.388.21$376,561
Dec 2007035,82288.337.30$261,571
Nov 2007069,97791.677.29$510,251
Oct 2007077,44882.856.92$536,094
Sep 2007044,90275.846.24$280,375
Aug 2007045,33869.066.39$289,616
Jul 2007046,78470.906.39$298,853
Jun 2007047,49362.007.55$358,499
May 2007058,75358.747.85$460,992
Apr 2007062,26159.617.81$485,960
Mar 2007069,65356.927.30$508,604
Feb 2007062,45055.108.22$513,089
Jan 2007071,03350.306.73$477,828
Dec 2006075,48056.656.92$522,204
Nov 2006075,27354.207.62$573,391
Oct 2006053,43954.906.01$321,371
Sep 2006085,77560.085.04$432,066
Aug 2006097,20468.717.34$713,470
Jul 20060100,79969.376.34$639,344
Jun 20069109,84366.286.38$701,821
May 20063125,99666.016.42$809,722
Apr 20060124,80864.397.36$918,647

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,610 Mcf  × $  3.05 =    $10,995

────────────────────────────────────────────────────
Month total                                  $10,995

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/254585 is the state's own key, not one this site invented.