GATEWAY GIBSON

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 259185District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Nov 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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
GasProduction792,259 Mcf$3,025,318
Total$3,025,318

Every month this lease reported (187)

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

187 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 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 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 20161241.622.92$35
Jun 20161545.352.69$40
May 20164642.521.99$92
Apr 20163836.561.99$76
Mar 20165433.011.79$97
Feb 20166326.472.06$130
Jan 20167627.352.36$180
Dec 20151,31132.362.00$2,624
Nov 20154538.792.17$98
Oct 201510643.552.43$257
Sep 201512642.992.76$348
Aug 20151,21440.162.87$3,487
Jul 20156,29848.152.95$18,548
Jun 20155,04856.152.88$14,553
May 20158,97555.212.96$26,525
Apr 20156,39549.822.71$17,309
Mar 20152,34242.892.93$6,873
Feb 20151,49744.662.98$4,455
Jan 20156,43243.433.10$19,943
Dec 20142,48954.693.59$8,939
Nov 20146,96270.464.25$29,601
Oct 20145,52878.303.90$21,565
Sep 20143,93186.164.05$15,903
Aug 20143,36889.394.04$13,590
Jul 20142,64896.564.18$11,068
Jun 20147,32498.164.74$34,693
May 20149,38694.734.73$44,363
Apr 20148,96995.944.81$43,133
Mar 201416,54895.895.06$83,680
Feb 201416,34197.406.19$101,183
Jan 201421,14190.404.86$102,760
Dec 201311,10391.824.35$48,348
Nov 20138,86888.853.74$33,151
Oct 20132,61397.423.78$9,875
Sep 201310,517104.113.72$39,099
Aug 201315,274104.253.52$53,804
Jul 201316,153102.523.72$60,053
Jun 20131,06194.403.93$4,173
May 201310,21494.834.15$42,379
Apr 201317,46293.964.28$74,783
Mar 201311,19693.623.91$43,808
Feb 20133,39891.233.42$11,621
Jan 201310,43891.603.42$35,697
Dec 201216,68686.773.42$57,069
Nov 201218,74686.953.62$67,954
Oct 201218,48889.383.40$62,853
Sep 201221,46794.672.92$62,649
Aug 201224,83592.662.91$72,224
Jul 201228,29985.133.02$85,486
Jun 201210,65779.822.52$26,845
May 201265191.612.49$1,620
Apr 20120101.652.00$0
Mar 20128,167105.052.22$18,148
Feb 201221,255101.102.57$54,630
Jan 201227,03198.092.73$73,905
Dec 201129,79496.873.24$96,525
Nov 201130,90395.723.31$102,328
Oct 201139,18684.983.65$142,972
Sep 201139,09183.623.99$155,809
Aug 201156,09883.404.15$232,769
Jul 201146,76494.144.52$211,244
Jun 201179,01392.904.64$366,611
May 20114,69898.134.40$20,694
Apr 20110105.964.33$0
Mar 20117,40596.364.06$30,045
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$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.

Jul 2016 — as filed, then multipliedworked
Gas                   12 Mcf  × $  2.92 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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/259185 is the state's own key, not one this site invented.