MEGALODON

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 259825District 09Field 65280200GasSaveExport
Value, all time
$14.8 M
Jan 2011 – May 2026
Value, last 12 filed months
$723 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
GasProduction3,975,449 Mcf$14,756,693
Total$14,756,693

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 202614,952106.413.05$45,541
Apr 202616,01298.932.87$45,950
Mar 20263,71889.753.15$11,710
Feb 202615,02263.503.75$56,337
Jan 202616,66059.138.00$133,245
Dec 202517,83456.664.41$78,708
Nov 202517,61158.593.93$69,149
Oct 202517,29259.383.30$57,147
Sep 202517,90162.743.08$55,080
Aug 202516,89163.933.01$50,922
Jul 202518,28066.743.32$60,602
Jun 202518,67766.483.13$58,435
May 202518,68160.553.23$60,383
Apr 202517,91062.363.54$63,457
Mar 202518,02567.704.27$76,936
Feb 202515,97770.884.34$69,354
Jan 202515,52174.324.28$66,409
Dec 202415,38068.993.12$48,007
Nov 202416,07869.052.20$35,347
Oct 202416,91571.372.28$38,590
Sep 202415,08569.612.36$35,666
Aug 202417,68375.632.06$36,491
Jul 202419,01679.932.15$40,820
Jun 20249,96478.082.63$26,245
May 202424,94978.812.20$54,849
Apr 202428,24784.451.66$46,867
Mar 202419,31280.301.55$29,840
Feb 20245,23476.091.78$9,336
Jan 202433573.023.30$1,105
Dec 20234,93571.262.61$12,884
Nov 202315,58977.892.81$43,767
Oct 20231,78485.443.09$5,508
Sep 202333089.042.74$903
Aug 202313,28980.522.67$35,520
Jul 202319,53174.852.64$51,597
Jun 202313,70168.962.26$30,943
May 202319,53170.622.23$43,503
Apr 202318,90978.122.24$42,314
Mar 202320,90472.852.39$50,027
Feb 202320,71075.112.47$51,064
Jan 202320,80176.533.39$70,468
Dec 202223,00276.415.73$131,780
Nov 202222,60885.005.65$127,649
Oct 202221,72987.185.86$127,414
Sep 202222,86584.888.16$186,663
Aug 202227,32294.529.13$249,372
Jul 202222,330101.587.54$168,415
Jun 2022605115.097.98$4,826
May 202213,459109.378.43$113,500
Apr 202222,147104.226.84$151,432
Mar 202221,256108.885.08$107,904
Feb 202218,49191.054.86$89,845
Jan 202219,39181.844.54$87,990
Dec 202120,67271.323.90$80,603
Nov 202120,86377.435.24$109,256
Oct 202122,93779.795.71$131,059
Sep 202122,15369.865.35$118,539
Aug 202117,71066.024.22$74,747
Jul 202125,66770.783.98$102,208
Jun 202127,92369.493.38$94,397
May 202129,87363.483.02$90,147
Apr 202131,36660.362.76$86,521
Mar 202134,09361.302.72$92,629
Feb 202127,08857.805.55$150,283
Jan 202137,13750.412.81$104,365
Dec 202038,84844.642.68$103,936
Nov 202039,39238.772.71$106,617
Oct 20207,83636.972.48$19,421
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 201742547.523.09$1,312
Aug 201718745.373.00$562
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 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 2016127.352.36$2
Dec 201515,83532.362.00$31,692
Nov 201520,48338.792.17$44,393
Oct 20156,06843.552.43$14,724
Sep 201524,87842.992.76$68,624
Aug 201524,13640.162.87$69,330
Jul 201526,09848.152.95$76,861
Jun 20153,50956.152.88$10,116
May 201518,81655.212.96$55,610
Apr 201526,36849.822.71$71,367
Mar 201535,10742.892.93$103,029
Feb 201530,30944.662.98$90,205
Jan 201538,01443.433.10$117,867
Dec 201439,07554.693.59$140,332
Nov 201440,08970.464.25$170,452
Oct 201445,09378.303.90$175,906
Sep 201443,74886.164.05$176,980
Aug 201446,79689.394.04$188,827
Jul 201448,02096.564.18$200,704
Jun 201447,50998.164.74$225,044
May 201451,10194.734.73$241,532
Apr 201451,13895.944.81$245,929
Mar 201453,12095.895.06$268,617
Feb 201450,26197.406.19$311,216
Jan 201457,53890.404.86$279,676
Dec 201357,21691.824.35$249,146
Nov 201355,73588.853.74$208,353
Oct 201362,89397.423.78$237,695
Sep 201359,941104.113.72$222,845
Aug 201366,082104.253.52$232,781
Jul 201370,581102.523.72$262,402
Jun 201371,46094.403.93$281,081
May 201376,29694.834.15$316,558
Apr 201376,33193.964.28$326,894
Mar 201384,31793.623.91$329,921
Feb 201380,26391.233.42$274,492
Jan 201395,21091.603.42$325,610
Dec 201294,90386.773.42$324,583
Nov 2012101,92586.953.62$369,474
Oct 2012120,23589.383.40$408,761
Sep 2012121,42794.672.92$354,373
Aug 2012120,11192.662.91$349,302
Jul 201296,96685.133.02$292,915
Jun 201275,58479.822.52$190,399
May 201272,45191.612.49$180,281
Apr 201224,054101.652.00$48,031
Mar 201220,000105.052.22$44,442
Feb 20124,740101.102.57$12,183
Jan 201221,40798.092.73$58,528
Dec 201112,70096.873.24$41,145
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 201162,38492.904.64$289,454
May 201152,57698.134.40$231,588
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.

May 2026 — as filed, then multipliedworked
Gas               14,952 Mcf  × $  3.05 =    $45,541

────────────────────────────────────────────────────
Month total                                  $45,541

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/259825 is the state's own key, not one this site invented.