PEGASUS

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 258951District 09Field 65280200GasSaveExport
Value, all time
$18.1 M
Sep 2010 – May 2026
Value, last 12 filed months
$513 k
at the published price for each month
Months reported
189
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
GasProduction5,202,178 Mcf$18,087,976
Total$18,087,976

Every month this lease reported (189)

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

189 months

May 202611,540106.413.05$35,149
Apr 202610,95098.932.87$31,423
Mar 202611,63989.753.15$36,656
Feb 202610,63063.503.75$39,866
Jan 202611,47959.138.00$91,808
Dec 202511,73556.664.41$51,791
Nov 202511,01258.593.93$43,238
Oct 202512,07559.383.30$39,906
Sep 202511,43262.743.08$35,175
Aug 202512,04063.933.01$36,298
Jul 202512,28966.743.32$40,740
Jun 20259,85166.483.13$30,821
May 202510,54660.553.23$34,088
Apr 202511,71262.363.54$41,497
Mar 202512,10667.704.27$51,672
Feb 202510,18970.884.34$44,229
Jan 202511,84874.324.28$50,694
Dec 202412,21368.993.12$38,121
Nov 202411,34569.052.20$24,941
Oct 202412,35471.372.28$28,184
Sep 202412,11669.612.36$28,647
Aug 202411,26675.632.06$23,249
Jul 202411,99679.932.15$25,750
Jun 202411,59878.082.63$30,549
May 202412,17378.812.20$26,762
Apr 202412,15884.451.66$20,173
Mar 202412,81280.301.55$19,796
Feb 202412,25076.091.78$21,850
Jan 202412,99273.023.30$42,843
Dec 202313,21371.262.61$34,495
Nov 202312,69277.892.81$35,634
Oct 202313,18285.443.09$40,697
Sep 202312,71389.042.74$34,771
Aug 202312,56280.522.67$33,577
Jul 202312,87974.852.64$34,024
Jun 202313,56568.962.26$30,636
May 202314,09770.622.23$31,400
Apr 202314,16878.122.24$31,705
Mar 202314,87872.852.39$35,605
Feb 202312,96475.112.47$31,965
Jan 202314,98876.533.39$50,775
Dec 202213,58276.415.73$77,812
Nov 202212,87185.005.65$72,672
Oct 202213,58887.185.86$79,677
Sep 202213,90184.888.16$113,483
Aug 202214,75694.529.13$134,680
Jul 202214,512101.587.54$109,451
Jun 202213,747115.097.98$109,663
May 202214,538109.378.43$122,600
Apr 202214,013104.226.84$95,815
Mar 202215,247108.885.08$77,400
Feb 202212,00991.054.86$58,350
Jan 202214,77081.844.54$67,022
Dec 202115,20871.323.90$59,298
Nov 202114,84877.435.24$77,757
Oct 202115,04679.795.71$85,971
Sep 202114,54269.865.35$77,813
Aug 202115,12366.024.22$63,828
Jul 202115,49170.783.98$61,686
Jun 202115,02869.493.38$50,804
May 202115,46563.483.02$46,668
Apr 202115,48160.362.76$42,703
Mar 202116,25761.302.72$44,169
Feb 202113,08357.805.55$72,584
Jan 202115,90150.412.81$44,686
Dec 202015,95044.642.68$42,674
Nov 202015,79138.772.71$42,739
Oct 202016,20836.972.48$40,170
Sep 202016,04237.091.99$31,940
Aug 202016,40139.982.39$39,118
Jul 202016,63838.371.83$30,366
Jun 202016,12034.901.69$27,248
May 202016,27116.921.81$29,528
Apr 202016,46214.751.80$29,704
Mar 202017,42130.341.86$32,337
Feb 202016,67949.881.98$33,036
Jan 202017,59757.252.09$36,861
Dec 201917,90059.012.30$41,248
Nov 201917,08155.302.75$46,985
Oct 201918,00553.472.42$43,546
Sep 201917,58955.052.66$46,739
Aug 201917,90153.112.30$41,250
Jul 201917,77756.272.46$43,732
Jun 201918,26552.782.49$45,502
May 201919,34558.482.74$53,011
Apr 201918,71862.632.75$51,488
Mar 201919,58256.803.06$59,962
Feb 201918,26650.852.79$51,003
Jan 201920,62146.033.23$66,568
Dec 201820,74946.594.19$86,844
Nov 201820,64552.934.24$87,478
Oct 201821,06761.443.40$71,587
Sep 201821,04559.543.11$65,408
Aug 201821,56959.403.07$66,143
Jul 201821,64465.142.93$63,458
Jun 201821,17460.183.08$65,151
May 201822,61465.382.90$65,599
Apr 201822,54563.842.90$65,399
Mar 201823,33461.222.79$65,028
Feb 201821,08661.782.77$58,326
Jan 201823,57762.874.01$94,528
Dec 201725,14857.272.92$73,470
Nov 201731,15855.423.12$97,162
Oct 201715,61949.292.98$46,602
Sep 20175,51347.523.09$17,020
Aug 201724,71545.373.00$74,254
Jul 201724,69443.873.09$76,237
Jun 201724,54642.493.09$75,780
May 201725,52745.373.26$83,305
Apr 201725,28147.933.21$81,192
Mar 201726,04846.772.98$77,719
Feb 201723,94350.452.95$70,694
Jan 201726,67649.413.42$91,200
Dec 201625,96448.763.72$96,660
Nov 201625,98942.492.64$68,724
Oct 201627,09646.193.09$83,734
Sep 201627,07541.553.10$83,950
Aug 201628,36541.442.92$82,949
Jul 201628,98141.622.92$84,750
Jun 201628,35845.352.69$76,165
May 201629,94842.521.99$59,628
Apr 201629,62436.561.99$58,983
Mar 201631,01933.011.79$55,648
Feb 201628,45226.472.06$58,714
Jan 201630,22527.352.36$71,463
Dec 201531,48532.362.00$63,014
Nov 201529,94938.792.17$64,909
Oct 201533,09543.552.43$80,308
Sep 201530,21442.992.76$83,343
Aug 201534,98840.162.87$100,503
Jul 201536,52648.152.95$107,572
Jun 201536,53656.152.88$105,328
May 201541,14555.212.96$121,602
Apr 201551,61449.822.71$139,697
Mar 201575742.892.93$2,222
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201427,58554.693.59$99,068
Nov 201414,67670.464.25$62,400
Oct 201435,79078.303.90$139,615
Sep 201435,48286.164.05$143,540
Aug 201437,84989.394.04$152,725
Jul 201438,96496.564.18$162,854
Jun 201437,25598.164.74$176,472
May 201439,59794.734.73$187,158
Apr 201438,47395.944.81$185,021
Mar 201440,42395.895.06$204,411
Feb 201437,37497.406.19$231,420
Jan 201442,30890.404.86$205,647
Dec 201343,22991.824.35$188,240
Nov 201342,73588.853.74$159,755
Oct 201345,16597.423.78$170,695
Sep 201344,615104.113.72$165,867
Aug 201347,307104.253.52$166,644
Jul 201348,587102.523.72$180,634
Jun 201348,60394.403.93$191,176
May 201349,98194.834.15$207,375
Apr 201353,44393.964.28$228,874
Mar 201332,56993.623.91$127,438
Feb 201352,89491.233.42$180,893
Jan 201361,65491.603.42$210,851
Dec 201239,56486.773.42$135,315
Nov 20126086.953.62$218
Oct 201260,21389.383.40$204,705
Sep 201260,21694.672.92$175,734
Aug 201265,31392.662.91$189,941
Jul 201270,46285.133.02$212,852
Jun 201275,17179.822.52$189,359
May 201239,14591.612.49$97,405
Apr 201266,199101.652.00$132,186
Mar 201271,389105.052.22$158,632
Feb 201269,590101.102.57$178,863
Jan 201277,57698.092.73$212,099
Dec 201181,71696.873.24$264,739
Nov 201183,73895.723.31$277,280
Oct 201192,36984.983.65$337,012
Sep 201195,68883.623.99$381,393
Aug 2011106,85583.404.15$443,376
Jul 2011116,54594.144.52$526,462
Jun 2011125,93792.904.64$584,333
May 2011149,33198.134.40$657,776
Apr 2011151,003105.964.33$654,338
Mar 201132,33496.364.06$131,190
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$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               11,540 Mcf  × $  3.05 =    $35,149

────────────────────────────────────────────────────
Month total                                  $35,149

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/258951 is the state's own key, not one this site invented.