TERRY

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 256823District 09Field 65280200GasSaveExport
Value, all time
$5.5 M
Feb 2010 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
196
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
GasProduction1,513,841 Mcf$5,512,042
Total$5,512,042

Every month this lease reported (196)

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

196 months

May 20262,704106.413.05$8,236
Apr 20262,43898.932.87$6,996
Mar 20262,85689.753.15$8,995
Feb 20262,46063.503.75$9,226
Jan 20262,56559.138.00$20,515
Dec 20252,17756.664.41$9,608
Nov 20252,48258.593.93$9,745
Oct 20252,36959.383.30$7,829
Sep 20252,25762.743.08$6,945
Aug 20252,08163.933.01$6,274
Jul 20252,40966.743.32$7,986
Jun 20252,39966.483.13$7,506
May 20252,76960.553.23$8,950
Apr 20252,82762.363.54$10,016
Mar 20252,32267.704.27$9,911
Feb 20252,80870.884.34$12,189
Jan 20253,31474.324.28$14,180
Dec 20243,26968.993.12$10,204
Nov 20242,96169.052.20$6,510
Oct 20243,13471.372.28$7,150
Sep 20243,06469.612.36$7,244
Aug 20242,96875.632.06$6,125
Jul 20243,31479.932.15$7,114
Jun 20243,41378.082.63$8,990
May 20243,56678.812.20$7,840
Apr 20243,71484.451.66$6,162
Mar 20243,88080.301.55$5,995
Feb 20243,67176.091.78$6,548
Jan 20243,60573.023.30$11,888
Dec 20233,98571.262.61$10,404
Nov 20233,82077.892.81$10,725
Oct 20233,85485.443.09$11,898
Sep 20233,48789.042.74$9,537
Aug 20233,38980.522.67$9,058
Jul 20233,66774.852.64$9,687
Jun 20234,12168.962.26$9,307
May 20234,44070.622.23$9,890
Apr 20234,13178.122.24$9,244
Mar 20233,68972.852.39$8,828
Feb 20233,18975.112.47$7,863
Jan 20233,52276.533.39$11,932
Dec 20223,57276.415.73$20,464
Nov 20223,48985.005.65$19,700
Oct 20223,91487.185.86$22,951
Sep 20224,00184.888.16$32,663
Aug 20224,21294.529.13$38,444
Jul 20223,864101.587.54$29,143
Jun 20223,641115.097.98$29,045
May 20224,407109.378.43$37,164
Apr 20225,494104.226.84$37,566
Mar 20225,444108.885.08$27,636
Feb 20225,02291.054.86$24,401
Jan 20225,21981.844.54$23,682
Dec 20215,43171.323.90$21,176
Nov 20215,93377.435.24$31,070
Oct 20216,48979.795.71$37,077
Sep 20216,02069.865.35$32,213
Aug 20216,50066.024.22$27,434
Jul 20217,16370.783.98$28,524
Jun 20217,02969.493.38$23,762
May 20217,53763.483.02$22,744
Apr 20217,72960.362.76$21,320
Mar 20217,66661.302.72$20,828
Feb 20216,76357.805.55$37,521
Jan 20218,48150.412.81$23,834
Dec 20209,30644.642.68$24,898
Nov 20209,42038.772.71$25,496
Oct 202010,07436.972.48$24,968
Sep 20209,08137.091.99$18,081
Aug 20209,30939.982.39$22,203
Jul 202010,95338.371.83$19,991
Jun 20206,74734.901.69$11,405
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 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
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 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 201712342.493.09$380
May 20174,53045.373.26$14,783
Apr 20178,21147.933.21$26,370
Mar 201710,21146.772.98$30,466
Feb 20179,36750.452.95$27,657
Jan 201710,73149.413.42$36,687
Dec 201610,81448.763.72$40,259
Nov 201610,71042.492.64$28,321
Oct 201611,63946.193.09$35,968
Sep 201611,17441.553.10$34,646
Aug 201611,24141.442.92$32,873
Jul 20169,69741.622.92$28,357
Jun 201611,72445.352.69$31,489
May 201613,44942.521.99$26,778
Apr 201612,42736.561.99$24,743
Mar 201613,07533.011.79$23,457
Feb 201610,59526.472.06$21,864
Jan 201610,15427.352.36$24,008
Dec 20159,44632.362.00$18,905
Nov 20155,60338.792.17$12,144
Oct 20157,85743.552.43$19,066
Sep 201514,14842.992.76$39,026
Aug 20154,90540.162.87$14,090
Jul 20156,44048.152.95$18,966
Jun 20152,87856.152.88$8,297
May 20151,10855.212.96$3,275
Apr 20151,72749.822.71$4,674
Mar 20151,80842.892.93$5,306
Feb 20153,24044.662.98$9,643
Jan 20156,34943.433.10$19,686
Dec 20144,03354.693.59$14,484
Nov 20142,47670.464.25$10,528
Oct 20146,13578.303.90$23,932
Sep 20147,48186.164.05$30,264
Aug 20147,62689.394.04$30,772
Jul 20143,93596.564.18$16,447
Jun 201460098.164.74$2,842
May 20141,20294.734.73$5,681
Apr 20147,26995.944.81$34,957
Mar 201412,88495.895.06$65,152
Feb 201413,11697.406.19$81,214
Jan 201414,94790.404.86$72,653
Dec 201315,80391.824.35$68,814
Nov 201312,49888.853.74$46,721
Oct 201315,12597.423.78$57,163
Sep 201315,633104.113.72$58,119
Aug 201312,762104.253.52$44,956
Jul 201312,498102.523.72$46,464
Jun 201313,44694.403.93$52,889
May 201316,78794.834.15$69,651
Apr 201314,27293.964.28$61,121
Mar 201315,15893.623.91$59,311
Feb 201310,82491.233.42$37,017
Jan 201311,94091.603.42$40,834
Dec 201210,25586.773.42$35,074
Nov 20125,37386.953.62$19,477
Oct 20126,87189.383.40$23,359
Sep 20126,78694.672.92$19,804
Aug 20128,58592.662.91$24,967
Jul 201217,72385.133.02$53,538
Jun 201215,77979.822.52$39,748
May 201222,77491.612.49$56,669
Apr 201222,459101.652.00$44,846
Mar 201221,949105.052.22$48,772
Feb 201222,682101.102.57$58,298
Jan 201218,02098.092.73$49,268
Dec 201117,38696.873.24$56,326
Nov 201119,82295.723.31$65,636
Oct 201124,21484.983.65$88,346
Sep 201126,42083.623.99$105,305
Aug 201130,69383.404.15$127,355
Jul 201130,12294.144.52$136,068
Jun 201131,50392.904.64$146,170
May 201135,25798.134.40$155,301
Apr 201140,789105.964.33$176,750
Mar 201137,01396.364.06$150,174
Feb 201145,10985.644.18$188,555
Jan 201163,07886.504.59$289,451
Dec 201085,36885.734.35$371,159
Nov 201024,98080.843.80$94,807
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
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

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                2,704 Mcf  × $  3.05 =     $8,236

────────────────────────────────────────────────────
Month total                                   $8,236

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/256823 is the state's own key, not one this site invented.