VALKYRIE

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 259037District 09Field 65280200GasSaveExport
Value, all time
$17.2 M
Aug 2010 – May 2026
Value, last 12 filed months
$560 k
at the published price for each month
Months reported
190
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
GasProduction5,184,746 Mcf$17,207,739
Total$17,207,739

Every month this lease reported (190)

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

190 months

May 202612,312106.413.05$37,500
Apr 202611,80098.932.87$33,863
Mar 202612,40589.753.15$39,069
Feb 202611,15863.503.75$41,846
Jan 202612,60659.138.00$100,822
Dec 202512,52956.664.41$55,295
Nov 202512,60358.593.93$49,485
Oct 202512,99959.383.30$42,960
Sep 202512,70362.743.08$39,086
Aug 202512,87163.933.01$38,803
Jul 202512,83466.743.32$42,547
Jun 202512,22366.483.13$38,242
May 202513,00460.553.23$42,033
Apr 202512,81362.363.54$45,398
Mar 202513,47267.704.27$57,503
Feb 202512,62370.884.34$54,794
Jan 202513,81974.324.28$59,127
Dec 202413,84368.993.12$43,209
Nov 202412,81969.052.20$28,182
Oct 202413,28171.372.28$30,299
Sep 202413,31369.612.36$31,477
Aug 202413,78575.632.06$28,447
Jul 202413,98079.932.15$30,009
Jun 202413,46578.082.63$35,467
May 202414,57778.812.20$32,047
Apr 202413,73784.451.66$22,792
Mar 202413,76780.301.55$21,272
Feb 202413,46176.091.78$24,010
Jan 202413,08773.023.30$43,156
Dec 202314,36271.262.61$37,495
Nov 202313,86077.892.81$38,913
Oct 202314,35585.443.09$44,318
Sep 202313,42089.042.74$36,704
Aug 202314,23380.522.67$38,043
Jul 202314,80574.852.64$39,112
Jun 202313,95168.962.26$31,508
May 202315,08470.622.23$33,598
Apr 202315,11878.122.24$33,830
Mar 202315,89372.852.39$38,034
Feb 202314,58475.112.47$35,959
Jan 202315,30576.533.39$51,849
Dec 202216,04776.415.73$91,935
Nov 202215,28885.005.65$86,319
Oct 202216,26187.185.86$95,351
Sep 202215,60184.888.16$127,362
Aug 202215,37194.529.13$140,294
Jul 202214,980101.587.54$112,980
Jun 202215,958115.097.98$127,300
May 202216,781109.378.43$141,515
Apr 202215,825104.226.84$108,205
Mar 202216,420108.885.08$83,354
Feb 202214,28191.054.86$69,389
Jan 202216,38581.844.54$74,350
Dec 202116,39971.323.90$63,942
Nov 202116,01077.435.24$83,842
Oct 202116,49879.795.71$94,267
Sep 202116,12669.865.35$86,289
Aug 202117,55866.024.22$74,105
Jul 202118,10270.783.98$72,084
Jun 202118,05169.493.38$61,024
May 202118,77063.483.02$56,642
Apr 202117,55160.362.76$48,413
Mar 202118,44661.302.72$50,117
Feb 202114,58657.805.55$80,922
Jan 202117,71550.412.81$49,784
Dec 202017,26244.642.68$46,184
Nov 202017,65438.772.71$47,782
Oct 202018,58836.972.48$46,069
Sep 202017,95237.091.99$35,743
Aug 202018,59939.982.39$44,360
Jul 202019,29038.371.83$35,207
Jun 202018,89534.901.69$31,938
May 202019,56216.921.81$35,500
Apr 202019,02714.751.80$34,332
Mar 202019,83430.341.86$36,816
Feb 202019,45149.881.98$38,526
Jan 202020,60457.252.09$43,160
Dec 201920,54959.012.30$47,352
Nov 201919,69855.302.75$54,183
Oct 201920,70653.472.42$50,078
Sep 201920,28055.052.66$53,890
Aug 201920,83953.112.30$48,021
Jul 201920,87256.272.46$51,346
Jun 201920,55952.782.49$51,217
May 201921,47458.482.74$58,846
Apr 201920,92262.632.75$57,550
Mar 201921,75756.803.06$66,622
Feb 201919,90450.852.79$55,576
Jan 201922,15646.033.23$71,524
Dec 201822,43746.594.19$93,909
Nov 201821,94752.934.24$92,995
Oct 201822,77161.443.40$77,378
Sep 201822,34459.543.11$69,445
Aug 201823,42759.403.07$71,840
Jul 201823,85165.142.93$69,928
Jun 201823,30360.183.08$71,701
May 201824,70865.382.90$71,673
Apr 201824,57363.842.90$71,281
Mar 201825,83261.222.79$71,990
Feb 201823,58961.782.77$65,250
Jan 201825,33162.874.01$101,560
Dec 201726,98357.272.92$78,831
Nov 201726,63655.423.12$83,061
Oct 201728,00149.292.98$83,546
Sep 201727,57347.523.09$85,126
Aug 201729,26445.373.00$87,921
Jul 201729,76043.873.09$91,877
Jun 201730,18342.493.09$93,183
May 201733,74245.373.26$110,114
Apr 201722,91147.933.21$73,581
Mar 201726,16046.772.98$78,053
Feb 201723,51450.452.95$69,427
Jan 201724,44049.413.42$83,555
Dec 201624,27948.763.72$90,387
Nov 201623,99142.492.64$63,441
Oct 201625,30746.193.09$78,205
Sep 201624,35941.553.10$75,528
Aug 201625,62441.442.92$74,933
Jul 201626,67841.622.92$78,016
Jun 201627,28445.352.69$73,280
May 201629,14142.521.99$58,021
Apr 201628,00236.561.99$55,753
Mar 201629,31233.011.79$52,586
Feb 201628,04026.472.06$57,864
Jan 201630,37527.352.36$71,817
Dec 201530,79232.362.00$61,627
Nov 201529,84038.792.17$64,673
Oct 201531,73443.552.43$77,005
Sep 201531,64742.992.76$87,296
Aug 201532,05440.162.87$92,075
Jul 201532,65548.152.95$96,172
Jun 201532,41056.152.88$93,433
May 201533,24155.212.96$98,242
Apr 201532,12549.822.71$86,949
Mar 201535,40142.892.93$103,892
Feb 201530,90244.662.98$91,970
Jan 201534,64543.433.10$107,421
Dec 201435,15654.693.59$126,258
Nov 201435,31770.464.25$150,162
Oct 201437,87678.303.90$147,753
Sep 201436,12186.164.05$146,125
Aug 201437,98389.394.04$153,266
Jul 201438,58196.564.18$161,253
Jun 201438,03098.164.74$180,144
May 201440,34494.734.73$190,688
Apr 201439,36995.944.81$189,330
Mar 201441,72595.895.06$210,995
Feb 201438,43797.406.19$238,002
Jan 201444,59190.404.86$216,744
Dec 201344,88091.824.35$195,429
Nov 201346,51088.853.74$173,867
Oct 201349,61297.423.78$187,502
Sep 201348,196104.113.72$179,180
Aug 201350,832104.253.52$179,061
Jul 201352,439102.523.72$194,955
Jun 201351,51494.403.93$202,626
May 201356,43994.834.15$234,170
Apr 201358,48593.964.28$250,467
Mar 201364,33093.623.91$251,715
Feb 201361,93591.233.42$211,812
Jan 201374,18991.603.42$253,720
Dec 201231,61586.773.42$108,128
Nov 20127786.953.62$279
Oct 201270,18489.383.40$238,603
Sep 201271,56894.672.92$208,864
Aug 201277,43192.662.91$225,182
Jul 201280,86685.133.02$244,280
Jun 201282,52879.822.52$207,891
May 201289,11191.612.49$221,737
Apr 201293,934101.652.00$187,567
Mar 2012105,680105.052.22$234,829
Feb 2012110,165101.102.57$283,150
Jan 2012103,93798.092.73$284,172
Dec 201117,19796.873.24$55,714
Nov 2011143,43395.723.31$474,947
Oct 2011129,94184.983.65$474,095
Sep 2011106,76783.623.99$425,552
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
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
Aug 2010073.684.42$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               12,312 Mcf  × $  3.05 =    $37,500

────────────────────────────────────────────────────
Month total                                  $37,500

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/259037 is the state's own key, not one this site invented.