GRAVES

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 255503District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Mar 2010 – May 2026
Value, last 12 filed months
$287 k
at the published price for each month
Months reported
195
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
GasProduction757,605 Mcf$3,000,094
Total$3,000,094

Every month this lease reported (195)

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

195 months

May 20266,202106.413.05$18,890
Apr 20266,09098.932.87$17,477
Mar 20266,40289.753.15$20,163
Feb 20265,75263.503.75$21,572
Jan 20266,68459.138.00$53,458
Dec 20256,68256.664.41$29,490
Nov 20256,46858.593.93$25,396
Oct 20256,39559.383.30$21,134
Sep 20255,69162.743.08$17,511
Aug 20256,38763.933.01$19,255
Jul 20256,74166.743.32$22,348
Jun 20256,57366.483.13$20,565
May 20256,94960.553.23$22,461
Apr 20256,09562.363.54$21,595
Mar 20256,29867.704.27$26,882
Feb 20255,32870.884.34$23,128
Jan 20255,79974.324.28$24,812
Dec 20245,67768.993.12$17,720
Nov 20245,31869.052.20$11,691
Oct 20244,31671.372.28$9,847
Sep 20242,58069.612.36$6,100
Aug 20243,15075.632.06$6,500
Jul 20243,58179.932.15$7,687
Jun 20243,62378.082.63$9,543
May 20243,45578.812.20$7,596
Apr 20243,45684.451.66$5,734
Mar 20243,62580.301.55$5,601
Feb 20243,50576.091.78$6,252
Jan 20242,95173.023.30$9,731
Dec 20233,83471.262.61$10,010
Nov 20234,25777.892.81$11,952
Oct 20234,07685.443.09$12,584
Sep 20232,96689.042.74$8,112
Aug 20232,42380.522.67$6,476
Jul 20232,43674.852.64$6,435
Jun 20233,39068.962.26$7,656
May 20233,91170.622.23$8,711
Apr 20234,10778.122.24$9,190
Mar 20234,32572.852.39$10,350
Feb 20232,85175.112.47$7,030
Jan 20232,86276.533.39$9,696
Dec 20222,34876.415.73$13,452
Nov 20222,91585.005.65$16,459
Oct 20222,35187.185.86$13,786
Sep 20222,96384.888.16$24,189
Aug 20223,43694.529.13$31,361
Jul 20223,557101.587.54$26,827
Jun 20222,420115.097.98$19,305
May 20223,680109.378.43$31,034
Apr 20224,088104.226.84$27,952
Mar 20224,394108.885.08$22,306
Feb 20223,60891.054.86$17,531
Jan 20223,30581.844.54$14,997
Dec 202189871.323.90$3,501
Nov 20211,37677.435.24$7,206
Oct 20213,96479.795.71$22,650
Sep 20217,17469.865.35$38,388
Aug 202114,44366.024.22$60,958
Jul 20215,52070.783.98$21,981
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 201973456.272.46$1,806
Jun 20193,60652.782.49$8,983
May 20193,76558.482.74$10,317
Apr 20193,34862.632.75$9,209
Mar 20193,80256.803.06$11,642
Feb 20193,43150.852.79$9,580
Jan 20193,51646.033.23$11,350
Dec 20183,20146.594.19$13,398
Nov 20183,63452.934.24$15,398
Oct 20184,71661.443.40$16,025
Sep 20184,56359.543.11$14,182
Aug 20184,47559.403.07$13,723
Jul 20184,50665.142.93$13,211
Jun 20186,07860.183.08$18,702
May 20186,19365.382.90$17,965
Apr 20185,95263.842.90$17,266
Mar 20186,08261.222.79$16,950
Feb 20185,75961.782.77$15,930
Jan 20185,12862.874.01$20,560
Dec 20175,36957.272.92$15,686
Nov 20178,13155.423.12$25,355
Oct 20179,28149.292.98$27,692
Sep 20179,71447.523.09$29,990
Aug 20176,90145.373.00$20,733
Jul 20175,55643.873.09$17,153
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
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 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
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 201180183.623.99$3,193
Aug 201113,26483.404.15$55,037
Jul 201113,77094.144.52$62,202
Jun 201114,11692.904.64$65,497
May 201116,07298.134.40$70,794
Apr 201114,989105.964.33$64,952
Mar 201117,49796.364.06$70,991
Feb 20117,37485.644.18$30,823
Jan 201117,06286.504.59$78,294
Dec 201019,18585.734.35$83,412
Nov 201021,26780.843.80$80,715
Oct 201021,60578.103.51$75,810
Sep 201020,50972.633.98$81,615
Aug 201025,07273.684.42$110,802
Jul 201032,02372.554.74$151,677
Jun 201038,53470.364.91$189,217
May 201051,43271.124.24$217,826
Apr 201019,94181.694.12$82,211
Mar 2010078.394.39$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                6,202 Mcf  × $  3.05 =    $18,890

────────────────────────────────────────────────────
Month total                                  $18,890

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/255503 is the state's own key, not one this site invented.