RHETT

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 260112District 09Field 65280200GasSaveExport
Value, all time
$2.8 M
Feb 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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
GasProduction856,304 Mcf$2,812,482
Total$2,812,482

Every month this lease reported (184)

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

184 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 202495879.932.15$2,056
Jun 20244,82178.082.63$12,698
May 20246,73578.812.20$14,806
Apr 202412,06784.451.66$20,022
Mar 202414,88580.301.55$22,999
Feb 20244,28976.091.78$7,650
Jan 20244,67773.023.30$15,423
Dec 20237,53271.262.61$19,664
Nov 202314,94377.892.81$41,953
Oct 202315,40085.443.09$47,544
Sep 202311,91789.042.74$32,593
Aug 202313,42680.522.67$35,886
Jul 20239,93574.852.64$26,246
Jun 20235,87968.962.26$13,278
May 20237,30970.622.23$16,280
Apr 20238,77578.122.24$19,636
Mar 20235,92972.852.39$14,189
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 20173,05649.413.42$10,448
Dec 20164,83048.763.72$17,981
Nov 20164,94442.492.64$13,074
Oct 20163,11346.193.09$9,620
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 20163,54445.352.69$9,519
May 20165,17442.521.99$10,302
Apr 20165,66036.561.99$11,269
Mar 20164,57733.011.79$8,211
Feb 20165,67326.472.06$11,707
Jan 20165,45427.352.36$12,895
Dec 20154,52432.362.00$9,054
Nov 20155,62638.792.17$12,193
Oct 20154,35243.552.43$10,560
Sep 20154,75042.992.76$13,103
Aug 20153,46240.162.87$9,945
Jul 20155,68048.152.95$16,728
Jun 20156,42356.152.88$18,517
May 20158,09155.212.96$23,913
Apr 20156,06949.822.71$16,426
Mar 20159,89042.892.93$29,024
Feb 20154,98444.662.98$14,833
Jan 201510,25043.433.10$31,781
Dec 20147,16554.693.59$25,732
Nov 20148,77070.464.25$37,289
Oct 20148,37278.303.90$32,659
Sep 20145,95286.164.05$24,078
Aug 20146,18789.394.04$24,965
Jul 20148,91396.564.18$37,253
Jun 201410,74598.164.74$50,898
May 20147,51794.734.73$35,530
Apr 201410,12995.944.81$48,712
Mar 201410,15195.895.06$51,332
Feb 201410,11197.406.19$62,607
Jan 20145,59390.404.86$27,186
Dec 201310,43891.824.35$45,452
Nov 201313,62988.853.74$50,949
Oct 201316,18197.423.78$61,154
Sep 201315,334104.113.72$57,008
Aug 201317,412104.253.52$61,336
Jul 20137,597102.523.72$28,244
Jun 20134,02694.403.93$15,836
May 20133,20294.834.15$13,285
Apr 20134,71393.964.28$20,184
Mar 20135,62793.623.91$22,018
Feb 20138,73591.233.42$29,873
Jan 20136,41691.603.42$21,942
Dec 201211,28186.773.42$38,583
Nov 201216,77386.953.62$60,801
Oct 201219,80289.383.40$67,320
Sep 201217,66894.672.92$51,562
Aug 201216,75992.662.91$48,738
Jul 201215,46585.133.02$46,717
Jun 201211,08079.822.52$27,911
May 2012091.612.49$0
Apr 201215,421101.652.00$30,793
Mar 201221,244105.052.22$47,206
Feb 201221,659101.102.57$55,669
Jan 201225,99998.092.73$71,083
Dec 201128,60896.873.24$92,682
Nov 201132,05795.723.31$106,150
Oct 201138,45884.983.65$140,316
Sep 201122,18183.623.99$88,409
Aug 2011083.404.15$0
Jul 201151,33394.144.52$231,883
Jun 20117,99892.904.64$37,110
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$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 2024 — as filed, then multipliedworked
Gas                  958 Mcf  × $  2.15 =     $2,056

────────────────────────────────────────────────────
Month total                                   $2,056

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/260112 is the state's own key, not one this site invented.