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 257024District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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
GasProduction1,023,255 Mcf$3,992,763
Total$3,992,763

Every month this lease reported (194)

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

194 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 2024169.612.36$2
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 202282115.097.98$654
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 20215,12971.323.90$19,999
Nov 20217,64777.435.24$40,046
Oct 20218,89579.795.71$50,825
Sep 20219,28669.865.35$49,689
Aug 202110,49666.024.22$44,299
Jul 202110,73170.783.98$42,732
Jun 202111,18369.493.38$37,805
May 202112,84763.483.02$38,768
Apr 202112,89660.362.76$35,573
Mar 20217,27061.302.72$19,752
Feb 20214,46857.805.55$24,788
Jan 202112,96750.412.81$36,441
Dec 202013,73744.642.68$36,753
Nov 202012,79338.772.71$34,625
Oct 20207,82236.972.48$19,386
Sep 202025537.091.99$508
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202028014.751.80$505
Mar 20201,06030.341.86$1,968
Feb 20202,03949.881.98$4,039
Jan 20201,51757.252.09$3,178
Dec 20191,22659.012.30$2,825
Nov 20191,93055.302.75$5,309
Oct 20191,15153.472.42$2,784
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 201910056.272.46$246
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 201721545.373.00$646
Jul 201759243.873.09$1,828
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 20153356.152.88$95
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201563342.892.93$1,858
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 20147,19770.464.25$30,600
Oct 20143,87978.303.90$15,132
Sep 201451786.164.05$2,091
Aug 20144,90789.394.04$19,800
Jul 201413,07096.564.18$54,627
Jun 201411,98898.164.74$56,786
May 201413,08794.734.73$61,856
Apr 201416,16195.944.81$77,720
Mar 201416,23195.895.06$82,077
Feb 20142,45597.406.19$15,201
Jan 201411,36390.404.86$55,232
Dec 20138,35591.824.35$36,382
Nov 201314,81088.853.74$55,364
Oct 201316,94997.423.78$64,056
Sep 201313,794104.113.72$51,283
Aug 201320,452104.253.52$72,044
Jul 201325,775102.523.72$95,825
Jun 201315,92094.403.93$62,620
May 20138,57994.834.15$35,595
Apr 201331,90393.964.28$136,627
Mar 201320,02893.623.91$78,367
Feb 201329,53091.233.42$100,990
Jan 201347,28691.603.42$161,714
Dec 20123,56486.773.42$12,189
Nov 201216,60786.953.62$60,200
Oct 201226,62489.383.40$90,513
Sep 2012094.672.92$0
Aug 201210792.662.91$311
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 201225,37091.612.49$63,129
Apr 201298101.652.00$196
Mar 201217,922105.052.22$39,824
Feb 20120101.102.57$0
Jan 20125898.092.73$159
Dec 201122,00896.873.24$71,300
Nov 201153,90495.723.31$178,491
Oct 201130,06484.983.65$109,690
Sep 201153,23283.623.99$212,172
Aug 20115183.404.15$212
Jul 201161,38094.144.52$277,268
Jun 201191,75592.904.64$425,732
May 2011106,05798.134.40$467,162
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 201193786.504.59$4,300
Dec 2010085.734.35$0
Nov 2010080.843.80$0
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

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.

Sep 2024 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.36 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/257024 is the state's own key, not one this site invented.