PENNINGTON

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 259821District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Jan 2011 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
185
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
GasProduction971,651 Mcf$3,198,068
Total$3,198,068

Every month this lease reported (185)

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

185 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 20251,79766.483.13$5,622
May 20255,74960.553.23$18,583
Apr 20255,71662.363.54$20,252
Mar 20255,67267.704.27$24,210
Feb 20254,69370.884.34$20,372
Jan 20254,51374.324.28$19,310
Dec 20244,28868.993.12$13,384
Nov 20245,02269.052.20$11,041
Oct 20244,81271.372.28$10,978
Sep 20244,00269.612.36$9,462
Aug 20241,50175.632.06$3,098
Jul 20245,15079.932.15$11,055
Jun 20245,89978.082.63$15,538
May 20246,56278.812.20$14,426
Apr 20246,24884.451.66$10,367
Mar 20246,56680.301.55$10,145
Feb 20246,45476.091.78$11,512
Jan 20246,88773.023.30$22,711
Dec 20236,68271.262.61$17,445
Nov 20236,54777.892.81$18,381
Oct 20237,14685.443.09$22,062
Sep 20237,11489.042.74$19,457
Aug 20237,19580.522.67$19,231
Jul 20236,03474.852.64$15,941
Jun 20234,75768.962.26$10,744
May 20234,10670.622.23$9,146
Apr 20233,58678.122.24$8,025
Mar 20235,11372.852.39$12,236
Feb 20233,77875.112.47$9,315
Jan 20234,61576.533.39$15,634
Dec 20224,59576.415.73$26,325
Nov 20227,84985.005.65$44,317
Oct 20228,69987.185.86$51,009
Sep 20228,24084.888.16$67,269
Aug 20224,47794.529.13$40,862
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 201918353.472.42$443
Sep 201975255.052.66$1,998
Aug 201940653.112.30$936
Jul 201960556.272.46$1,488
Jun 201987252.782.49$2,172
May 20193,53158.482.74$9,676
Apr 20193,48062.632.75$9,572
Mar 20193,38256.803.06$10,356
Feb 20192,57550.852.79$7,190
Jan 20193,37446.033.23$10,892
Dec 20183,14346.594.19$13,155
Nov 20183,02852.934.24$12,830
Oct 20183,13061.443.40$10,636
Sep 20182,24559.543.11$6,977
Aug 20183,11059.403.07$9,537
Jul 20183,94765.142.93$11,572
Jun 20185,09360.183.08$15,671
May 20185,97865.382.90$17,341
Apr 20185,63563.842.90$16,346
Mar 20185,68661.222.79$15,846
Feb 20185,31261.782.77$14,694
Jan 20186,10762.874.01$24,485
Dec 20175,52257.272.92$16,133
Nov 20175,49655.423.12$17,139
Oct 20176,15049.292.98$18,350
Sep 20175,87147.523.09$18,125
Aug 20176,90145.373.00$20,733
Jul 20177,50343.873.09$23,164
Jun 20176,72542.493.09$20,762
May 20177,35345.373.26$23,996
Apr 20175,82447.933.21$18,704
Mar 20176,32846.772.98$18,881
Feb 20176,16850.452.95$18,212
Jan 20176,84749.413.42$23,409
Dec 20166,94648.763.72$25,859
Nov 20166,84442.492.64$18,098
Oct 20167,18346.193.09$22,197
Sep 20167,05641.553.10$21,878
Aug 20167,12741.442.92$20,842
Jul 20167,30241.622.92$21,354
Jun 20166,91545.352.69$18,573
May 20166,88842.521.99$13,714
Apr 20167,28936.561.99$14,513
Mar 20167,66733.011.79$13,755
Feb 20166,80226.472.06$14,037
Jan 20167,43827.352.36$17,586
Dec 20158,17132.362.00$16,354
Nov 20157,36638.792.17$15,965
Oct 20157,20643.552.43$17,486
Sep 20157,16842.992.76$19,772
Aug 20157,50740.162.87$21,564
Jul 20157,51748.152.95$22,138
Jun 20157,09956.152.88$20,465
May 20157,95955.212.96$23,522
Apr 20157,27049.822.71$19,677
Mar 20154,11842.892.93$12,085
Feb 20153,41544.662.98$10,164
Jan 20154,28443.433.10$13,283
Dec 20144,79654.693.59$17,224
Nov 20143,95670.464.25$16,820
Oct 20145,14578.303.90$20,070
Sep 20144,80686.164.05$19,442
Aug 20147,60989.394.04$30,703
Jul 20147,63496.564.18$31,907
Jun 20147,28498.164.74$34,503
May 20145,66094.734.73$26,752
Apr 20146,48395.944.81$31,178
Mar 20147,69895.895.06$38,927
Feb 20145,00397.406.19$30,979
Jan 20146,64690.404.86$32,304
Dec 201310,32391.824.35$44,951
Nov 20139,36388.853.74$35,002
Oct 20135,52397.423.78$20,873
Sep 20132,975104.113.72$11,060
Aug 20138,408104.253.52$29,618
Jul 20139,262102.523.72$34,434
Jun 20138,97294.403.93$35,291
May 20139,27094.834.15$38,462
Apr 20138,96393.964.28$38,385
Mar 20139,55993.623.91$37,403
Feb 20139,11691.233.42$31,176
Jan 201310,80291.603.42$36,942
Dec 201210,92686.773.42$37,369
Nov 201210,57986.953.62$38,348
Oct 201211,28889.383.40$38,376
Sep 201211,14294.672.92$32,517
Aug 201212,38592.662.91$36,018
Jul 201212,92785.133.02$39,050
Jun 201215,55379.822.52$39,179
May 201218,88091.612.49$46,979
Apr 201215,373101.652.00$30,697
Mar 201214,759105.052.22$32,796
Feb 201215,608101.102.57$40,116
Jan 201217,95798.092.73$49,096
Dec 201122,25396.873.24$72,094
Nov 201122,78395.723.31$75,441
Oct 201127,02684.983.65$98,605
Sep 201130,16783.623.99$120,240
Aug 201121,92683.404.15$90,978
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

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 2025 — as filed, then multipliedworked
Gas                1,797 Mcf  × $  3.13 =     $5,622

────────────────────────────────────────────────────
Month total                                   $5,622

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/259821 is the state's own key, not one this site invented.