STRUCTURAL STEEL

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 259840District 09Field 65280200GasSaveExport
Value, all time
$11.4 M
Jan 2011 – May 2026
Value, last 12 filed months
$363 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
GasProduction3,416,157 Mcf$11,401,058
Total$11,401,058

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 20267,462106.413.05$22,728
Apr 20267,29898.932.87$20,943
Mar 20268,23889.753.15$25,945
Feb 20267,55563.503.75$28,334
Jan 20268,17159.138.00$65,351
Dec 20258,64256.664.41$38,140
Nov 20258,41258.593.93$33,029
Oct 20258,47159.383.30$27,995
Sep 20258,40562.743.08$25,862
Aug 20257,94363.933.01$23,946
Jul 20257,64366.743.32$25,338
Jun 20258,15666.483.13$25,518
May 20258,77160.553.23$28,351
Apr 20257,28262.363.54$25,801
Mar 20258,72767.704.27$37,250
Feb 20257,39570.884.34$32,101
Jan 20255,93674.324.28$25,398
Dec 20247,53668.993.12$23,523
Nov 20243,29269.052.20$7,237
Oct 20248,77171.372.28$20,010
Sep 20248,83169.612.36$20,880
Aug 20249,26775.632.06$19,124
Jul 20249,63879.932.15$20,689
Jun 20249,85978.082.63$25,968
May 202410,30378.812.20$22,651
Apr 202410,04684.451.66$16,668
Mar 202410,39080.301.55$16,054
Feb 20249,38776.091.78$16,743
Jan 20249,71473.023.30$32,033
Dec 202310,06171.262.61$26,266
Nov 202310,25677.892.81$28,794
Oct 202312,76785.443.09$39,415
Sep 202310,88189.042.74$29,760
Aug 202310,85680.522.67$29,017
Jul 202310,79074.852.64$28,505
Jun 20239,41268.962.26$21,257
May 202310,24570.622.23$22,820
Apr 202311,26378.122.24$25,204
Mar 202311,51572.852.39$27,557
Feb 202310,52875.112.47$25,959
Jan 202311,44976.533.39$38,786
Dec 202211,49176.415.73$65,833
Nov 202210,85485.005.65$61,284
Oct 202210,89887.185.86$63,903
Sep 202210,77484.888.16$87,955
Aug 20229,55294.529.13$87,183
Jul 20228,329101.587.54$62,818
Jun 20228,808115.097.98$70,263
May 202210,427109.378.43$87,931
Apr 202211,149104.226.84$76,232
Mar 202210,807108.885.08$54,861
Feb 202210,69291.054.86$51,951
Jan 202210,96081.844.54$49,733
Dec 202110,77871.323.90$42,025
Nov 202110,81277.435.24$56,621
Oct 202111,08379.795.71$63,327
Sep 202110,54269.865.35$56,409
Aug 202111,15466.024.22$47,076
Jul 202113,25570.783.98$52,782
Jun 202112,34169.493.38$41,720
May 202111,93163.483.02$36,004
Apr 202112,39360.362.76$34,185
Mar 202112,98861.302.72$35,288
Feb 202112,03357.805.55$66,758
Jan 202112,89950.412.81$36,250
Dec 202013,12544.642.68$35,115
Nov 202012,72638.772.71$34,444
Oct 202012,50436.972.48$30,990
Sep 202014,12537.091.99$28,123
Aug 202011,20239.982.39$26,718
Jul 202010,61638.371.83$19,375
Jun 20207,88734.901.69$13,331
May 202011,82416.921.81$21,458
Apr 202012,36714.751.80$22,315
Mar 202013,63230.341.86$25,304
Feb 202012,73949.881.98$25,232
Jan 202013,08057.252.09$27,399
Dec 201912,21759.012.30$28,152
Nov 20199,86055.302.75$27,122
Oct 201910,44953.472.42$25,271
Sep 201912,87355.052.66$34,207
Aug 201914,86353.112.30$34,250
Jul 201913,28656.272.46$32,684
Jun 201912,52452.782.49$31,200
May 20195,62458.482.74$15,412
Apr 20192,09762.632.75$5,768
Mar 20199,93156.803.06$30,410
Feb 20198,47750.852.79$23,670
Jan 20196,51546.033.23$21,032
Dec 20188,90146.594.19$37,255
Nov 201810,08752.934.24$42,741
Oct 20188,66661.443.40$29,448
Sep 20186,64159.543.11$20,640
Aug 201811,37759.403.07$34,888
Jul 201811,26665.142.93$33,031
Jun 201815,06360.183.08$46,348
May 201816,29065.382.90$47,254
Apr 201814,15263.842.90$41,052
Mar 201814,38361.222.79$40,083
Feb 201814,74561.782.77$40,786
Jan 201814,90562.874.01$59,759
Dec 201712,15157.272.92$35,499
Nov 2017055.423.12$0
Oct 20178,78049.292.98$26,197
Sep 201712,51147.523.09$38,625
Aug 201711,71645.373.00$35,200
Jul 201715,73543.873.09$48,578
Jun 201714,93342.493.09$46,102
May 201718,72345.373.26$61,101
Apr 201715,28447.933.21$49,086
Mar 201719,46946.772.98$58,089
Feb 201718,83450.452.95$55,609
Jan 201722,05849.413.42$75,412
Dec 201621,85548.763.72$81,362
Nov 201618,35342.492.64$48,532
Oct 201619,18446.193.09$59,284
Sep 201621,64041.553.10$67,098
Aug 201623,57941.442.92$68,953
Jul 201622,46141.622.92$65,684
Jun 201620,62845.352.69$55,403
May 201617,60742.521.99$35,056
Apr 201618,36136.561.99$36,557
Mar 201623,23133.011.79$41,677
Feb 201621,97226.472.06$45,342
Jan 201623,57727.352.36$55,745
Dec 201523,84432.362.00$47,722
Nov 201522,35238.792.17$48,444
Oct 201521,90543.552.43$53,154
Sep 201516,48942.992.76$45,484
Aug 20152,05440.162.87$5,900
Jul 201513,78648.152.95$40,601
Jun 201524,13456.152.88$69,575
May 201530,08255.212.96$88,906
Apr 201528,17649.822.71$76,260
Mar 201530,05742.892.93$88,209
Feb 201523,33744.662.98$69,455
Jan 201528,44443.433.10$88,194
Dec 201427,25154.693.59$97,868
Nov 201429,33870.464.25$124,740
Oct 201428,73078.303.90$112,075
Sep 201428,76886.164.05$116,379
Aug 201430,42589.394.04$122,769
Jul 201431,08996.564.18$129,940
Jun 201431,29498.164.74$148,236
May 201433,80094.734.73$159,758
Apr 201432,17095.944.81$154,709
Mar 201433,56495.895.06$169,726
Feb 201431,48497.406.19$194,949
Jan 201435,50490.404.86$172,575
Dec 201338,13891.824.35$166,071
Nov 201337,06188.853.74$138,544
Oct 201338,64697.423.78$146,057
Sep 201337,781104.113.72$140,460
Aug 201341,899104.253.52$147,594
Jul 201343,886102.523.72$163,157
Jun 201344,45494.403.93$174,856
May 201347,87894.834.15$198,650
Apr 201350,89493.964.28$217,958
Mar 201355,93893.623.91$218,878
Feb 201351,59491.233.42$176,447
Jan 201361,90291.603.42$211,699
Dec 201240,87586.773.42$139,799
Nov 201214586.953.62$526
Oct 201256,87889.383.40$193,367
Sep 201256,46494.672.92$164,785
Aug 201259,41892.662.91$172,797
Jul 201264,04885.133.02$193,476
Jun 201267,48079.822.52$169,985
May 201276,27791.612.49$189,802
Apr 201280,816101.652.00$161,373
Mar 2012102,164105.052.22$227,017
Feb 201221,304101.102.57$54,756
Jan 201219,33898.092.73$52,872
Dec 20119,15096.873.24$29,644
Nov 201139,08595.723.31$129,421
Oct 201162,39284.983.65$227,640
Sep 2011083.623.99$0
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

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                7,462 Mcf  × $  3.05 =    $22,728

────────────────────────────────────────────────────
Month total                                  $22,728

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/259840 is the state's own key, not one this site invented.