WHITMAN

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 262368District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.7 M
Jul 2011 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
179
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
CondensateDisposition148 bbl$11,098
GasProduction3,953,354 Mcf$12,663,698
Total$12,674,796

Every month this lease reported (179)

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

179 months

May 2026022,071106.413.05$67,225
Apr 2026020,76798.932.87$59,595
Mar 2026022,81889.753.15$71,864
Feb 2026021,50063.503.75$80,632
Jan 2026024,30659.138.00$194,397
Dec 2025024,67956.664.41$108,917
Nov 2025024,37458.593.93$95,703
Oct 2025025,22559.383.30$83,365
Sep 2025025,18862.743.08$77,501
Aug 2025026,49863.933.01$79,885
Jul 2025026,51266.743.32$87,893
Jun 2025027,34066.483.13$85,539
May 2025027,84660.553.23$90,007
Apr 2025028,12362.363.54$99,643
Mar 2025030,30667.704.27$129,356
Feb 2025028,28870.884.34$122,794
Jan 2025033,85674.324.28$144,859
Dec 2024038,61068.993.12$120,516
Nov 2024038,10469.052.20$83,769
Oct 2024039,70471.372.28$90,581
Sep 2024036,82669.612.36$87,070
Aug 2024047,44875.632.06$97,915
Jul 20240079.932.15$0
Jun 2024018,66578.082.63$49,163
May 2024038,62778.812.20$84,919
Apr 2024038,60284.451.66$64,048
Mar 2024040,55680.301.55$62,664
Feb 2024039,42176.091.78$70,313
Jan 2024044,11973.023.30$145,489
Dec 2023039,99771.262.61$104,421
Nov 2023042,54877.892.81$119,456
Oct 2023045,25785.443.09$139,721
Sep 2023045,34989.042.74$124,031
Aug 2023055,75080.522.67$149,013
Jul 2023048,90974.852.64$129,208
Jun 2023040,10868.962.26$90,583
May 2023058,19070.622.23$129,612
Apr 2023012,75978.122.24$28,552
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 202201,869101.587.54$14,096
Jun 202209,705115.097.98$77,419
May 202209,868109.378.43$83,217
Apr 2022010,201104.226.84$69,750
Mar 2022010,601108.885.08$53,815
Feb 2022010,49891.054.86$51,008
Jan 2022011,90681.844.54$54,026
Dec 2021011,90071.323.90$46,400
Nov 2021011,67377.435.24$61,130
Oct 2021012,17779.795.71$69,578
Sep 2021011,48069.865.35$61,429
Aug 2021012,13466.024.22$51,213
Jul 2021012,04770.783.98$47,972
Jun 2021012,19369.493.38$41,220
May 2021012,41663.483.02$37,467
Apr 2021011,92160.362.76$32,883
Mar 2021012,00361.302.72$32,611
Feb 2021011,17457.805.55$61,993
Jan 2021012,51050.412.81$35,156
Dec 2020012,56244.642.68$33,609
Nov 2020012,38638.772.71$33,524
Oct 2020012,51136.972.48$31,008
Sep 2020012,26737.091.99$24,424
Aug 2020012,40939.982.39$29,597
Jul 2020012,98538.371.83$23,699
Jun 2020012,74034.901.69$21,535
May 2020012,80616.921.81$23,240
Apr 2020012,51114.751.80$22,575
Mar 2020013,55130.341.86$25,154
Feb 2020012,25849.881.98$24,279
Jan 2020013,64457.252.09$28,581
Dec 2019013,78959.012.30$31,775
Nov 2019013,56455.302.75$37,310
Oct 2019014,11053.472.42$34,126
Sep 2019013,53255.052.66$35,958
Aug 2019013,71453.112.30$31,602
Jul 2019013,46156.272.46$33,115
Jun 2019013,51352.782.49$33,664
May 2019014,49058.482.74$39,707
Apr 2019014,01662.632.75$38,554
Mar 2019014,42756.803.06$44,177
Feb 2019013,42150.852.79$37,474
Jan 2019014,58846.033.23$47,093
Dec 2018014,48146.594.19$60,609
Nov 2018014,12752.934.24$59,859
Oct 2018014,59661.443.40$49,598
Sep 2018014,11159.543.11$43,857
Aug 2018014,88559.403.07$45,646
Jul 2018014,92065.142.93$43,744
Jun 2018014,41260.183.08$44,345
May 2018014,68465.382.90$42,595
Apr 2018014,85163.842.90$43,080
Mar 2018016,11461.222.79$44,907
Feb 2018014,82161.782.77$40,997
Jan 2018017,05662.874.01$68,383
Dec 2017016,88457.272.92$49,327
Nov 2017016,49655.423.12$51,440
Oct 2017016,93249.292.98$50,520
Sep 2017016,70747.523.09$51,579
Aug 20176717,51445.373.00$55,659
Jul 2017016,82243.873.09$51,934
Jun 2017016,57842.493.09$51,181
May 2017017,69945.373.26$57,759
Apr 2017017,48247.933.21$56,145
Mar 2017018,21446.772.98$54,345
Feb 2017016,58050.452.95$48,954
Jan 2017018,58749.413.42$63,545
Dec 2016018,62748.763.72$69,345
Nov 2016018,03542.492.64$47,691
Oct 2016018,54846.193.09$57,318
Sep 2016018,15641.553.10$56,295
Aug 2016018,77941.442.92$54,916
Jul 2016019,01841.622.92$55,615
Jun 2016019,32845.352.69$51,912
May 2016019,78442.521.99$39,391
Apr 2016020,54636.561.99$40,908
Mar 2016021,34833.011.79$38,299
Feb 2016019,24226.472.06$39,708
Jan 2016021,75127.352.36$51,427
Dec 2015021,71132.362.00$43,453
Nov 2015020,82038.792.17$45,124
Oct 2015021,70843.552.43$52,676
Sep 2015021,56742.992.76$59,491
Aug 2015022,69340.162.87$65,185
Jul 2015022,43648.152.95$66,076
Jun 2015022,60956.152.88$65,179
May 2015023,30955.212.96$68,889
Apr 2015022,70949.822.71$61,464
Mar 2015022,73342.892.93$66,715
Feb 2015021,75744.662.98$64,753
Jan 2015024,48843.433.10$75,928
Dec 2014024,80254.693.59$89,073
Nov 2014024,06270.464.25$102,308
Oct 2014027,00278.303.90$105,334
Sep 2014026,51686.164.05$107,269
Aug 2014026,16589.394.04$105,579
Jul 2014024,92496.564.18$104,172
Jun 2014024,99098.164.74$118,375
May 2014027,02494.734.73$127,731
Apr 2014028,92895.944.81$139,118
Mar 2014031,65995.895.06$160,093
Feb 20144827,23097.406.19$173,283
Jan 2014032,18090.404.86$156,418
Dec 2013030,83391.824.35$134,262
Nov 2013034,45988.853.74$128,817
Oct 2013036,54797.423.78$138,124
Sep 2013032,422104.113.72$120,537
Aug 2013026,013104.253.52$91,634
Jul 20133339,103102.523.72$148,758
Jun 2013039,19994.403.93$154,186
May 2013043,48694.834.15$180,427
Apr 2013044,43293.964.28$190,284
Mar 2013046,60693.623.91$182,363
Feb 2013050,03791.233.42$171,122
Jan 2013058,94991.603.42$201,600
Dec 2012035,07886.773.42$119,972
Nov 20120086.953.62$0
Oct 2012057,17689.383.40$194,380
Sep 2012058,85994.672.92$171,774
Aug 2012065,00992.662.91$189,057
Jul 2012073,35985.133.02$221,603
Jun 2012083,36079.822.52$209,987
May 20120108,91391.612.49$271,010
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
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

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               22,071 Mcf  × $  3.05 =    $67,225

────────────────────────────────────────────────────
Month total                                  $67,225

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/262368 is the state's own key, not one this site invented.