MOUNTAIN VALLEY

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 256996District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Mar 2010 – May 2026
Value, last 12 filed months
$0
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
GasProduction1,043,749 Mcf$3,512,178
Total$3,512,178

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 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 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
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 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
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 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 20182,10760.183.08$6,483
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201845161.222.79$1,257
Feb 20183,84161.782.77$10,625
Jan 20185,83162.874.01$23,378
Dec 201711,91557.272.92$34,810
Nov 201711,31655.423.12$35,287
Oct 20179,82349.292.98$29,309
Sep 201710,23847.523.09$31,608
Aug 20179,72745.373.00$29,224
Jul 20177,50143.873.09$23,158
Jun 20179,00642.493.09$27,804
May 20177,73645.373.26$25,246
Apr 20176,47247.933.21$20,785
Mar 20176,45846.772.98$19,269
Feb 20175,91550.452.95$17,465
Jan 20179,28749.413.42$31,750
Dec 20169,70748.763.72$36,138
Nov 20166,62642.492.64$17,521
Oct 20162,43346.193.09$7,519
Sep 201611,11441.553.10$34,460
Aug 20169,80141.442.92$28,661
Jul 20168,31141.622.92$24,304
Jun 20163,57745.352.69$9,607
May 20165,61442.521.99$11,178
Apr 201612,45236.561.99$24,792
Mar 201613,40333.011.79$24,045
Feb 201612,15426.472.06$25,081
Jan 201612,47727.352.36$29,500
Dec 201512,20432.362.00$24,425
Nov 201513,88738.792.17$30,098
Oct 201511,67143.552.43$28,321
Sep 201513,61142.992.76$37,545
Aug 201512,99840.162.87$37,337
Jul 201513,61548.152.95$40,097
Jun 201513,61356.152.88$39,244
May 201514,27355.212.96$42,183
Apr 201514,20249.822.71$38,439
Mar 201514,91542.892.93$43,771
Feb 201513,50144.662.98$40,182
Jan 201516,12143.433.10$49,985
Dec 201417,57254.693.59$63,107
Nov 20142,56770.464.25$10,914
Oct 20142,90078.303.90$11,313
Sep 20149,92886.164.05$40,163
Aug 2014089.394.04$0
Jul 20147,34496.564.18$30,695
Jun 20149,83998.164.74$46,606
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 201320397.423.78$767
Sep 2013820104.113.72$3,049
Aug 201312,886104.253.52$45,392
Jul 201313,588102.523.72$50,517
Jun 201313,97594.403.93$54,969
May 201313,66294.834.15$56,685
Apr 201311,78693.964.28$50,475
Mar 20133,34593.623.91$13,089
Feb 2013091.233.42$0
Jan 201312,84991.603.42$43,942
Dec 201212,68486.773.42$43,381
Nov 201213,08986.953.62$47,447
Oct 201214,13989.383.40$48,068
Sep 201213,21194.672.92$38,555
Aug 201214,94992.662.91$43,474
Jul 201215,07685.133.02$45,542
Jun 201212,89279.822.52$32,475
May 20129,74091.612.49$24,236
Apr 201211,132101.652.00$22,228
Mar 201215,010105.052.22$33,353
Feb 201213,952101.102.57$35,860
Jan 201215,31198.092.73$41,862
Dec 201114,96996.873.24$48,496
Nov 201115,91195.723.31$52,686
Oct 201114,46184.983.65$52,762
Sep 20117,87783.623.99$31,396
Aug 20115,10383.404.15$21,174
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 201122,80396.364.06$92,520
Feb 201122,72085.644.18$94,969
Jan 201130,91586.504.59$141,862
Dec 201034,58585.734.35$150,367
Nov 201037,42080.843.80$142,021
Oct 201043,38678.103.51$152,237
Sep 201048,11472.633.98$191,468
Aug 201061,13273.684.42$270,164
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

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.

Jun 2018 — as filed, then multipliedworked
Gas                2,107 Mcf  × $  3.08 =     $6,483

────────────────────────────────────────────────────
Month total                                   $6,483

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/256996 is the state's own key, not one this site invented.