LILLY

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 256505District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Sep 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
201
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
GasProduction2,005,048 Mcf$7,526,655
Total$7,526,655

Every month this lease reported (201)

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

201 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 202518474.324.28$787
Dec 2024068.993.12$0
Nov 2024269.052.20$4
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 2024176.091.78$2
Jan 2024073.023.30$0
Dec 202389971.262.61$2,347
Nov 20231,12577.892.81$3,159
Oct 20231,26285.443.09$3,896
Sep 20231,59689.042.74$4,365
Aug 20233,02180.522.67$8,075
Jul 20233,39974.852.64$8,979
Jun 20231,93168.962.26$4,361
May 20236,07770.622.23$13,536
Apr 20236,25878.122.24$14,004
Mar 20237,04172.852.39$16,850
Feb 20236,07175.112.47$14,969
Jan 20237,39776.533.39$25,059
Dec 20225,03076.415.73$28,817
Nov 20226,19085.005.65$34,950
Oct 20222,84887.185.86$16,700
Sep 20222,17084.888.16$17,715
Aug 20222,11994.529.13$19,340
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 2022191108.885.08$970
Feb 20224,02891.054.86$19,571
Jan 20224,00681.844.54$18,178
Dec 20219,28471.323.90$36,199
Nov 20219,37077.435.24$49,069
Oct 202110,20979.795.71$58,333
Sep 20219,91169.865.35$53,033
Aug 202110,43966.024.22$44,059
Jul 202110,90470.783.98$43,421
Jun 202110,82269.493.38$36,585
May 202111,74663.483.02$35,446
Apr 202112,29160.362.76$33,904
Mar 202112,90961.302.72$35,073
Feb 202110,88857.805.55$60,406
Jan 202113,86350.412.81$38,959
Dec 202014,46544.642.68$38,701
Nov 202014,56838.772.71$39,429
Oct 202013,64536.972.48$33,818
Sep 20209,35337.091.99$18,622
Aug 20207,06339.982.39$16,846
Jul 20206,73938.371.83$12,299
Jun 20209,82134.901.69$16,601
May 202011,19016.921.81$20,307
Apr 202010,31714.751.80$18,616
Mar 202011,02330.341.86$20,461
Feb 20209,44749.881.98$18,711
Jan 202012,32257.252.09$25,811
Dec 201912,67959.012.30$29,217
Nov 201911,56455.302.75$31,809
Oct 201910,87853.472.42$26,309
Sep 201913,37155.052.66$35,530
Aug 20198,10253.112.30$18,670
Jul 20196,11456.272.46$15,041
Jun 20195,24252.782.49$13,059
May 20196,37058.482.74$17,456
Apr 201951062.632.75$1,403
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 20175,47049.292.98$16,321
Sep 20173,64247.523.09$11,244
Aug 20174,58945.373.00$13,787
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 20171,32847.933.21$4,265
Mar 20174,26846.772.98$12,734
Feb 20174,03950.452.95$11,926
Jan 20174,28749.413.42$14,656
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 20164,54941.553.10$14,105
Aug 20161,67541.442.92$4,898
Jul 20162,01341.622.92$5,887
Jun 20163,87645.352.69$10,410
May 20166,19442.521.99$12,333
Apr 20167,30236.561.99$14,539
Mar 20167,74033.011.79$13,886
Feb 20168,55526.472.06$17,654
Jan 2016127.352.36$2
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 20147,82554.693.59$28,102
Nov 201416,02170.464.25$68,119
Oct 201416,03378.303.90$62,544
Sep 20143,56486.164.05$14,418
Aug 201415,08989.394.04$60,886
Jul 201417,13096.564.18$71,597
Jun 201417,09398.164.74$80,967
May 201418,62994.734.73$88,051
Apr 201419,34395.944.81$93,023
Mar 201419,73395.895.06$99,786
Feb 201416,80497.406.19$104,050
Jan 201421,50490.404.86$104,525
Dec 201323,47691.824.35$102,226
Nov 201323,66888.853.74$88,478
Oct 201322,32597.423.78$84,374
Sep 201319,828104.113.72$73,715
Aug 201325,746104.253.52$90,693
Jul 201325,989102.523.72$96,620
Jun 201323,79094.403.93$93,576
May 201330,07394.834.15$124,775
Apr 201326,34793.964.28$112,833
Mar 201334,01393.623.91$133,088
Feb 201333,49991.233.42$114,564
Jan 201340,69191.603.42$139,160
Dec 201236,08786.773.42$123,423
Nov 201240,53186.953.62$146,923
Oct 201240,38389.383.40$137,289
Sep 201222,42794.672.92$65,451
Aug 20128,03792.662.91$23,373
Jul 201238,73185.133.02$116,999
Jun 201248,38279.822.52$121,876
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 201214,947105.052.22$33,213
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201118,96696.873.24$61,445
Nov 201149,01495.723.31$162,299
Oct 201134,80784.983.65$126,995
Sep 201159,55183.623.99$237,358
Aug 20111,13383.404.15$4,701
Jul 201148,33994.144.52$218,359
Jun 201163,61792.904.64$295,175
May 201169,83598.134.40$307,611
Apr 201172,612105.964.33$314,648
Mar 201176,59496.364.06$310,768
Feb 201143,70685.644.18$182,690
Jan 201125,80986.504.59$118,432
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 201037,11472.633.98$147,694
Aug 2010156,42073.684.42$691,276
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

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.

Jan 2025 — as filed, then multipliedworked
Gas                  184 Mcf  × $  4.28 =       $787

────────────────────────────────────────────────────
Month total                                     $787

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/256505 is the state's own key, not one this site invented.