GALLETTA

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 261024District 09Field 65280200GasSaveExport
Value, all time
$5.3 M
May 2011 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
181
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
GasProduction1,648,231 Mcf$5,310,911
Total$5,310,911

Every month this lease reported (181)

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

181 months

May 20262,220106.413.05$6,762
Apr 20262,68698.932.87$7,708
Mar 20262,94789.753.15$9,281
Feb 20262,04863.503.75$7,681
Jan 20261,83959.138.00$14,708
Dec 20252,54956.664.41$11,250
Nov 20252,63658.593.93$10,350
Oct 20252,70559.383.30$8,940
Sep 20252,93962.743.08$9,043
Aug 20253,04063.933.01$9,165
Jul 20253,36966.743.32$11,169
Jun 20253,50966.483.13$10,979
May 20252460.553.23$78
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 20232,48578.122.24$5,561
Mar 20232,84172.852.39$6,799
Feb 20232,24475.112.47$5,533
Jan 20233,56276.533.39$12,067
Dec 20223,15876.415.73$18,092
Nov 20223,58185.005.65$20,219
Oct 20224,02887.185.86$23,619
Sep 20222,62284.888.16$21,405
Aug 20224,10094.529.13$37,421
Jul 20224,413101.587.54$33,283
Jun 20224,551115.097.98$36,304
May 20224,628109.378.43$39,028
Apr 20224,576104.226.84$31,289
Mar 20221,654108.885.08$8,396
Feb 20224,41891.054.86$21,466
Jan 20223,78681.844.54$17,180
Dec 20214,32171.323.90$16,848
Nov 20215,30577.435.24$27,781
Oct 20213,90979.795.71$22,336
Sep 20212,15269.865.35$11,515
Aug 20215,51466.024.22$23,272
Jul 20215,18170.783.98$20,631
Jun 20215,08569.493.38$17,190
May 20215,49563.483.02$16,582
Apr 20214,50460.362.76$12,424
Mar 20214,75261.302.72$12,911
Feb 20212,67857.805.55$14,857
Jan 20214,30450.412.81$12,095
Dec 20205,16244.642.68$13,811
Nov 20205,07438.772.71$13,733
Oct 20204,95536.972.48$12,281
Sep 20205,14837.091.99$10,250
Aug 20205,20539.982.39$12,414
Jul 20205,22438.371.83$9,534
Jun 20205,36234.901.69$9,063
May 20205,74416.921.81$10,424
Apr 20205,80514.751.80$10,474
Mar 20206,08230.341.86$11,290
Feb 20205,84449.881.98$11,575
Jan 20206,23957.252.09$13,069
Dec 20196,57359.012.30$15,147
Nov 20196,55755.302.75$18,036
Oct 20195,63753.472.42$13,633
Sep 20195,81155.052.66$15,441
Aug 20195,55353.112.30$12,796
Jul 20196,66956.272.46$16,406
Jun 20196,93052.782.49$17,264
May 20197,50658.482.74$20,569
Apr 20197,40362.632.75$20,363
Mar 20197,58956.803.06$23,238
Feb 20196,15150.852.79$17,175
Jan 20198,80146.033.23$28,411
Dec 20188,15246.594.19$34,120
Nov 20187,92152.934.24$33,563
Oct 20187,85661.443.40$26,695
Sep 20187,99359.543.11$24,842
Aug 20188,48459.403.07$26,017
Jul 20188,25965.142.93$24,214
Jun 20188,25060.183.08$25,385
May 20189,25865.382.90$26,856
Apr 20188,19063.842.90$23,758
Mar 20188,93961.222.79$24,912
Feb 20187,93661.782.77$21,952
Jan 20189,75362.874.01$39,103
Dec 20179,75957.272.92$28,511
Nov 20178,92055.423.12$27,816
Oct 20179,11649.292.98$27,199
Sep 20179,43247.523.09$29,119
Aug 201710,36045.373.00$31,126
Jul 201710,92043.873.09$33,713
Jun 20179,77242.493.09$30,169
May 201711,46545.373.26$37,415
Apr 201711,43847.933.21$36,734
Mar 201711,52346.772.98$34,381
Feb 201710,70250.452.95$31,599
Jan 201712,00349.413.42$41,036
Dec 201611,44548.763.72$42,608
Nov 201612,27442.492.64$32,457
Oct 201613,55946.193.09$41,901
Sep 201612,77341.553.10$39,604
Aug 20169,92041.442.92$29,009
Jul 201614,42441.622.92$42,181
Jun 201612,85845.352.69$34,534
May 201615,53342.521.99$30,927
Apr 201617,65536.561.99$35,152
Mar 201619,73633.011.79$35,407
Feb 201615,78926.472.06$32,583
Jan 201615,45927.352.36$36,551
Dec 201519,09632.362.00$38,219
Nov 201518,58238.792.17$40,273
Oct 201519,99343.552.43$48,515
Sep 201519,51942.992.76$53,842
Aug 201523,51040.162.87$67,532
Jul 201523,95348.152.95$70,544
Jun 201522,92756.152.88$66,095
May 201521,46455.212.96$63,436
Apr 201516,22449.822.71$43,911
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 20154,93643.433.10$15,305
Dec 201419,27954.693.59$69,238
Nov 201415,57070.464.25$66,201
Oct 20141178.303.90$43
Sep 2014286.164.05$8
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 201410,32898.164.74$48,923
May 201420,41694.734.73$96,497
Apr 201413,68595.944.81$65,813
Mar 201415,09495.895.06$76,327
Feb 201423,11297.406.19$143,110
Jan 20142,41690.404.86$11,744
Dec 201384291.824.35$3,666
Nov 201316,21188.853.74$60,601
Oct 201318,18297.423.78$68,716
Sep 201318,669104.113.72$69,406
Aug 201316,151104.253.52$56,894
Jul 20136,608102.523.72$24,567
Jun 201319,69694.403.93$77,472
May 201322,41994.834.15$93,018
Apr 201324,02693.964.28$102,894
Mar 201325,77293.623.91$100,842
Feb 201325,76391.233.42$88,107
Jan 201330,16591.603.42$103,162
Dec 201230,81686.773.42$105,396
Nov 201233,93986.953.62$123,028
Oct 201235,40989.383.40$120,379
Sep 201238,93294.672.92$113,619
Aug 201244,40892.662.91$129,146
Jul 201250,63585.133.02$152,958
Jun 201257,89179.822.52$145,830
May 201271,68191.612.49$178,365
Apr 201236,426101.652.00$72,735
Mar 201216,484105.052.22$36,629
Feb 20129,781101.102.57$25,140
Jan 2012098.092.73$0
Dec 2011096.873.24$0
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 2011092.904.64$0
May 2011098.134.40$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                2,220 Mcf  × $  3.05 =     $6,762

────────────────────────────────────────────────────
Month total                                   $6,762

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/261024 is the state's own key, not one this site invented.