PELICAN BAY

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 262806District 09Field 65280200GasSaveExport
Value, all time
$18.7 M
Aug 2011 – May 2026
Value, last 12 filed months
$705 k
at the published price for each month
Months reported
178
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
GasProduction5,367,069 Mcf$18,680,431
Total$18,680,431

Every month this lease reported (178)

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

178 months

May 202612,379106.413.05$37,704
Apr 202614,05698.932.87$40,337
Mar 202616,56189.753.15$52,158
Feb 202615,76163.503.75$59,109
Jan 202617,95259.138.00$143,579
Dec 202519,27456.664.41$85,063
Nov 202520,24958.593.93$79,506
Oct 202520,86359.383.30$68,949
Sep 202512,69562.743.08$39,062
Aug 20255,19363.933.01$15,656
Jul 202512,13266.743.32$40,220
Jun 202513,79566.483.13$43,161
May 202516,08760.553.23$51,998
Apr 202516,05862.363.54$56,895
Mar 202516,81067.704.27$71,750
Feb 202514,66170.884.34$63,641
Jan 202515,90074.324.28$68,031
Dec 202416,05168.993.12$50,101
Nov 202415,38269.052.20$33,816
Oct 202416,15071.372.28$36,845
Sep 202415,55069.612.36$36,766
Aug 202416,51175.632.06$34,073
Jul 202416,42379.932.15$35,253
Jun 202416,48178.082.63$43,411
May 202416,39578.812.20$36,043
Apr 202417,01184.451.66$28,225
Mar 202418,02880.301.55$27,856
Feb 202417,31976.091.78$30,891
Jan 202419,46673.023.30$64,192
Dec 202320,37171.262.61$53,183
Nov 20239,86577.892.81$27,697
Oct 20235,77685.443.09$17,832
Sep 202314,62389.042.74$39,994
Aug 202318,12280.522.67$48,438
Jul 202317,47974.852.64$46,176
Jun 202316,95668.962.26$38,295
May 202317,74570.622.23$39,525
Apr 202318,05178.122.24$40,394
Mar 202318,50172.852.39$44,276
Feb 202316,92275.112.47$41,724
Jan 202319,41976.533.39$65,786
Dec 202222,08576.415.73$126,527
Nov 202221,05785.005.65$118,892
Oct 202220,43287.185.86$119,808
Sep 202219,51984.888.16$159,347
Aug 202220,61594.529.13$188,156
Jul 202219,885101.587.54$149,974
Jun 202219,598115.097.98$156,337
May 202220,461109.378.43$172,548
Apr 202219,689104.226.84$134,626
Mar 202220,100108.885.08$102,036
Feb 202218,76991.054.86$91,196
Jan 202220,82581.844.54$94,497
Dec 202120,62971.323.90$80,435
Nov 202120,20977.435.24$105,832
Oct 202120,99779.795.71$119,974
Sep 202120,21769.865.35$108,180
Aug 202120,99566.024.22$88,611
Jul 202121,19970.783.98$84,416
Jun 202120,68169.493.38$69,915
May 202122,40063.483.02$67,596
Apr 202122,03360.362.76$60,776
Mar 202123,33561.302.72$63,400
Feb 202118,71857.805.55$103,847
Jan 202124,14550.412.81$67,854
Dec 202024,77244.642.68$66,277
Nov 202023,35238.772.71$63,204
Oct 202022,12836.972.48$54,843
Sep 202022,10037.091.99$44,002
Aug 202022,62739.982.39$53,968
Jul 202023,01038.371.83$41,996
Jun 202022,47334.901.69$37,986
May 202022,74116.921.81$41,269
Apr 202023,55114.751.80$42,495
Mar 202021,91230.341.86$40,674
Feb 202019,77049.881.98$39,158
Jan 202020,49457.252.09$42,930
Dec 201922,49159.012.30$51,827
Nov 201924,74755.302.75$68,072
Oct 201925,80153.472.42$62,401
Sep 201925,60655.052.66$68,042
Aug 201926,18453.112.30$60,337
Jul 201927,49156.272.46$67,630
Jun 201927,19552.782.49$67,748
May 201926,48658.482.74$72,580
Apr 201924,34962.632.75$66,977
Mar 201918,37956.803.06$56,278
Feb 201913,25650.852.79$37,014
Jan 201923,51446.033.23$75,907
Dec 201820,52446.594.19$85,902
Nov 201823,07652.934.24$97,779
Oct 201831,05761.443.40$105,534
Sep 201833,71459.543.11$104,783
Aug 201835,35659.403.07$108,421
Jul 201834,13365.142.93$100,074
Jun 201833,84060.183.08$104,123
May 201835,25265.382.90$102,259
Apr 201834,33263.842.90$99,590
Mar 201836,36261.222.79$101,335
Feb 201833,21561.782.77$91,877
Jan 201836,89962.874.01$147,940
Dec 201737,47457.272.92$109,481
Nov 201736,74955.423.12$114,597
Oct 201738,50449.292.98$114,884
Sep 201737,44547.523.09$115,603
Aug 201740,01945.373.00$120,233
Jul 201738,72043.873.09$119,539
Jun 201737,54242.493.09$115,903
May 201739,27345.373.26$128,164
Apr 201738,47247.933.21$123,557
Mar 201738,91246.772.98$116,101
Feb 201737,05250.452.95$109,400
Jan 201741,26049.413.42$141,060
Dec 201641,95748.763.72$156,199
Nov 201642,00142.492.64$111,065
Oct 201643,41746.193.09$134,170
Sep 201641,94541.553.10$130,056
Aug 201643,19641.442.92$126,320
Jul 201644,41441.622.92$129,882
Jun 201643,38845.352.69$116,533
May 201645,09642.521.99$89,788
Apr 201644,48636.561.99$88,573
Mar 201645,77933.011.79$82,128
Feb 201643,47226.472.06$89,710
Jan 201647,90227.352.36$113,258
Dec 201548,20832.362.00$96,484
Nov 201547,48238.792.17$102,909
Oct 201549,66843.552.43$120,523
Sep 201547,34042.992.76$130,584
Aug 201548,10440.162.87$138,178
Jul 201551,48548.152.95$151,627
Jun 201550,52356.152.88$145,651
May 201553,86755.212.96$159,201
Apr 201552,16649.822.71$141,191
Mar 201552,77342.892.93$154,873
Feb 201551,15144.662.98$152,235
Jan 201556,48243.433.10$175,130
Dec 201457,46654.693.59$206,381
Nov 201456,05070.464.25$238,316
Oct 201459,40978.303.90$231,752
Sep 201458,93586.164.05$238,418
Aug 201462,73589.394.04$253,143
Jul 201461,30796.564.18$256,239
Jun 201461,80898.164.74$292,777
May 201465,81194.734.73$311,060
Apr 201464,46795.944.81$310,030
Mar 201468,76795.895.06$347,741
Feb 201463,14697.406.19$391,000
Jan 201471,59390.404.86$347,994
Dec 201374,50891.824.35$324,444
Nov 201374,79888.853.74$279,616
Oct 201380,32697.423.78$303,581
Sep 201380,800104.113.72$300,393
Aug 201386,959104.253.52$306,323
Jul 201389,937102.523.72$334,362
Jun 201394,69894.403.93$372,486
May 2013109,04094.834.15$452,416
Apr 201384,84493.964.28$363,352
Mar 2013138,81193.623.91$543,149
Feb 20137,32591.233.42$25,051
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
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

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               12,379 Mcf  × $  3.05 =    $37,704

────────────────────────────────────────────────────
Month total                                  $37,704

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/262806 is the state's own key, not one this site invented.