NUGENT

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 262102District 09Field 65280200CondensateGasSaveExport
Value, all time
$18.3 M
May 2011 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
181
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition205 bbl$20,004
GasProduction5,583,202 Mcf$18,302,562
Total$18,322,566

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 2026031,088106.413.05$94,689
Apr 2026029,98698.932.87$86,051
Mar 2026029,49689.753.15$92,896
Feb 2026019,93063.503.75$74,744
Jan 2026027,90259.138.00$223,158
Dec 2025029,90556.664.41$131,982
Nov 2025018,16358.593.93$71,316
Oct 2025032,50159.383.30$107,411
Sep 2025031,50662.743.08$96,941
Aug 2025032,47163.933.01$97,892
Jul 2025031,62366.743.32$104,837
Jun 2025025,04566.483.13$78,359
May 2025026,54560.553.23$85,802
Apr 2025032,38062.363.54$114,726
Mar 2025034,70167.704.27$148,115
Feb 2025031,59270.884.34$137,136
Jan 2025033,63874.324.28$143,926
Dec 2024031,91568.993.12$99,619
Nov 2024030,01469.052.20$65,984
Oct 2024029,78271.372.28$67,945
Sep 2024027,24669.612.36$64,419
Aug 2024013,18275.632.06$27,203
Jul 20240079.932.15$0
Jun 202401,03178.082.63$2,716
May 202402,56678.812.20$5,641
Apr 202402,24284.451.66$3,720
Mar 202402,48880.301.55$3,844
Feb 2024010,12276.091.78$18,054
Jan 2024010,46773.023.30$34,517
Dec 2023014,87671.262.61$38,837
Nov 2023015,71377.892.81$44,115
Oct 2023027,41685.443.09$84,641
Sep 2023032,87689.042.74$89,917
Aug 202309,04080.522.67$24,163
Jul 2023039,60874.852.64$104,636
Jun 2023040,75368.962.26$92,040
May 2023039,92470.622.23$88,927
Apr 202305,51278.122.24$12,335
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202206,109101.587.54$46,075
Jun 20226218,429115.097.98$154,147
May 2022019,403109.378.43$163,626
Apr 2022019,055104.226.84$130,290
Mar 2022019,753108.885.08$100,274
Feb 2022018,57091.054.86$90,229
Jan 2022020,69681.844.54$93,912
Dec 2021020,86571.323.90$81,355
Nov 2021020,61377.435.24$107,947
Oct 2021022,17279.795.71$126,688
Sep 2021020,74969.865.35$111,026
Aug 2021021,80566.024.22$92,030
Jul 2021021,51670.783.98$85,678
Jun 2021020,51469.493.38$69,350
May 2021021,96063.483.02$66,268
Apr 2021021,72560.362.76$59,927
Mar 2021022,12561.302.72$60,112
Feb 2021019,22357.805.55$106,648
Jan 2021022,39550.412.81$62,936
Dec 2020021,51944.642.68$57,573
Nov 2020022,09838.772.71$59,810
Oct 2020022,42436.972.48$55,576
Sep 2020021,98837.091.99$43,779
Aug 2020021,25539.982.39$50,695
Jul 2020020,89938.371.83$38,143
Jun 2020022,02634.901.69$37,231
May 2020022,71316.921.81$41,218
Apr 2020023,06814.751.80$41,623
Mar 2020024,31430.341.86$45,132
Feb 2020022,40249.881.98$44,371
Jan 2020024,67257.252.09$51,681
Dec 2019024,68359.012.30$56,879
Nov 2019024,16255.302.75$66,462
Oct 2019025,25853.472.42$61,087
Sep 2019024,73855.052.66$65,736
Aug 2019025,37853.112.30$58,480
Jul 2019025,88556.272.46$63,679
Jun 2019024,98652.782.49$62,245
May 2019025,97258.482.74$71,172
Apr 2019025,16762.632.75$69,227
Mar 2019025,91156.803.06$79,342
Feb 2019023,73250.852.79$66,265
Jan 2019026,22546.033.23$84,659
Dec 2018026,48946.594.19$110,868
Nov 2018025,99052.934.24$110,126
Oct 2018026,39261.443.40$89,682
Sep 2018026,22859.543.11$81,517
Aug 2018027,45259.403.07$84,183
Jul 2018026,74665.142.93$78,416
Jun 2018026,50560.183.08$81,554
May 2018028,00165.382.90$81,225
Apr 2018026,85663.842.90$77,904
Mar 2018025,69761.222.79$71,613
Feb 2018023,74961.782.77$65,693
Jan 2018029,22362.874.01$117,164
Dec 2017029,10657.272.92$85,034
Nov 2017026,54555.423.12$82,777
Oct 2017026,80549.292.98$79,978
Sep 2017025,78047.523.09$79,590
Aug 20172527,86045.373.00$84,837
Jul 2017028,55843.873.09$88,167
Jun 2017029,07642.493.09$89,766
May 2017030,42145.373.26$99,276
Apr 2017028,95047.933.21$92,976
Mar 2017030,70146.772.98$91,602
Feb 2017028,19050.452.95$83,234
Jan 2017031,46349.413.42$107,566
Dec 2016031,87748.763.72$118,673
Nov 2016030,92242.492.64$81,769
Oct 2016031,45846.193.09$97,213
Sep 2016031,17941.553.10$96,675
Aug 2016032,41841.442.92$94,801
Jul 2016032,45841.622.92$94,918
Jun 2016032,48245.352.69$87,241
May 2016033,82742.521.99$67,351
Apr 2016032,45836.561.99$64,625
Mar 2016034,28233.011.79$61,502
Feb 2016032,77226.472.06$67,629
Jan 2016034,95527.352.36$82,646
Dec 2015035,14632.362.00$70,342
Nov 2015033,75538.792.17$73,158
Oct 2015035,31843.552.43$85,702
Sep 2015034,42142.992.76$94,948
Aug 2015035,84440.162.87$102,962
Jul 2015034,44748.152.95$101,449
Jun 2015034,81256.152.88$100,358
May 2015036,43255.212.96$107,673
Apr 2015035,73349.822.71$96,714
Mar 2015039,26042.892.93$115,217
Feb 2015033,56044.662.98$99,881
Jan 2015039,57643.433.10$122,711
Dec 2014039,00554.693.59$140,081
Nov 2014038,63570.464.25$164,270
Oct 2014041,70278.303.90$162,678
Sep 2014041,82986.164.05$169,217
Aug 2014043,22589.394.04$174,418
Jul 2014044,53096.564.18$186,118
Jun 2014043,98198.164.74$208,333
May 2014046,86494.734.73$221,506
Apr 2014047,36995.944.81$227,803
Mar 2014050,14695.895.06$253,578
Feb 20147144,65297.406.19$283,401
Jan 2014051,14290.404.86$248,587
Dec 2013048,79791.824.35$212,486
Nov 2013053,01488.853.74$198,181
Oct 2013056,01197.423.78$211,686
Sep 2013054,209104.113.72$201,535
Aug 2013049,141104.253.52$173,105
Jul 20134760,981102.523.72$231,530
Jun 2013057,66294.403.93$226,808
May 2013064,73894.834.15$268,603
Apr 2013066,26193.964.28$283,769
Mar 2013064,27393.623.91$251,492
Feb 2013065,60891.233.42$224,373
Jan 2013078,52291.603.42$268,538
Dec 2012034,49686.773.42$117,982
Nov 20120086.953.62$0
Oct 2012075,32289.383.40$256,071
Sep 2012072,92394.672.92$212,818
Aug 2012083,94292.662.91$244,117
Jul 2012089,87785.133.02$271,500
Jun 2012093,06379.822.52$234,429
May 20120110,76191.612.49$275,609
Apr 2012092,324101.652.00$184,353
Mar 2012065,848105.052.22$146,320
Feb 2012059,802101.102.57$153,705
Jan 20120149,64798.092.73$409,147
Dec 2011086,32896.873.24$279,680
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$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
Condensate             0 bbl  × $106.41 =         $0
Gas               31,088 Mcf  × $  3.05 =    $94,689

────────────────────────────────────────────────────
Month total                                  $94,689

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/262102 is the state's own key, not one this site invented.