CASE TRT

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 263234District 09Field 65280200GasSaveExport
Value, all time
$9.6 M
Nov 2011 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
175
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
GasProduction2,767,820 Mcf$9,583,446
Total$9,583,446

Every month this lease reported (175)

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

175 months

May 20266,513106.413.05$19,838
Apr 20266,32998.932.87$18,162
Mar 20266,79289.753.15$21,391
Feb 20265,33863.503.75$20,019
Jan 20265,24759.138.00$41,965
Dec 202581056.664.41$3,575
Nov 2025058.593.93$0
Oct 2025559.383.30$17
Sep 2025662.743.08$18
Aug 20253663.933.01$109
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 202584662.363.54$2,997
Mar 20251,84167.704.27$7,858
Feb 20253,26970.884.34$14,190
Jan 202549074.324.28$2,097
Dec 20241,84168.993.12$5,746
Nov 20241,91569.052.20$4,210
Oct 202423471.372.28$534
Sep 20242,43269.612.36$5,750
Aug 20243,51675.632.06$7,256
Jul 20244,65279.932.15$9,986
Jun 2024078.082.63$0
May 20247,09778.812.20$15,602
Apr 20248,98184.451.66$14,901
Mar 20249,29780.301.55$14,365
Feb 20244,56176.091.78$8,135
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 20234,77289.042.74$13,052
Aug 20238,10880.522.67$21,672
Jul 202310,07274.852.64$26,608
Jun 202310,48368.962.26$23,676
May 202310,89170.622.23$24,259
Apr 20239,41078.122.24$21,057
Mar 20238,48672.852.39$20,308
Feb 20237,25075.112.47$17,876
Jan 20239,91176.533.39$33,576
Dec 20228,40876.415.73$48,170
Nov 20228,98085.005.65$50,703
Oct 20229,12987.185.86$53,530
Sep 20228,60484.888.16$70,240
Aug 20228,44494.529.13$77,070
Jul 20229,178101.587.54$69,221
Jun 202210,999115.097.98$87,741
May 20226,263109.378.43$52,816
Apr 20228,928104.226.84$61,046
Mar 202211,509108.885.08$58,424
Feb 202211,46991.054.86$55,726
Jan 202214,43181.844.54$65,483
Dec 202114,45471.323.90$56,358
Nov 202114,16077.435.24$74,154
Oct 202114,21679.795.71$81,228
Sep 202112,92669.865.35$69,166
Aug 202113,80466.024.22$58,261
Jul 202112,78570.783.98$50,911
Jun 202111,93969.493.38$40,361
May 202112,32063.483.02$37,178
Apr 202110,22860.362.76$28,213
Mar 202114,21361.302.72$38,616
Feb 202111,02257.805.55$61,150
Jan 202114,55250.412.81$40,895
Dec 202015,46644.642.68$41,379
Nov 202014,92738.772.71$40,401
Oct 202015,37836.972.48$38,113
Sep 202015,26537.091.99$30,393
Aug 202015,11239.982.39$36,044
Jul 202013,92238.371.83$25,409
Jun 202015,32534.901.69$25,904
May 202017,72616.921.81$32,168
Apr 202016,45614.751.80$29,693
Mar 20205,65630.341.86$10,499
Feb 20205,67649.881.98$11,242
Jan 20205,32257.252.09$11,148
Dec 20195,77159.012.30$13,298
Nov 20196,67455.302.75$18,358
Oct 20198,26753.472.42$19,994
Sep 20198,75955.052.66$23,275
Aug 20199,84253.112.30$22,680
Jul 201910,07056.272.46$24,773
Jun 201910,57852.782.49$26,352
May 201911,97758.482.74$32,821
Apr 201911,33462.632.75$31,176
Mar 201911,45256.803.06$35,067
Feb 201910,86450.852.79$30,335
Jan 201911,36246.033.23$36,679
Dec 20187,62046.594.19$31,893
Nov 20187,26952.934.24$30,801
Oct 201811,43061.443.40$38,840
Sep 201810,49959.543.11$32,631
Aug 201814,19559.403.07$43,530
Jul 201815,69865.142.93$46,025
Jun 201814,75960.183.08$45,412
May 201815,28665.382.90$44,342
Apr 201814,97563.842.90$43,439
Mar 201814,49761.222.79$40,401
Feb 201814,97761.782.77$41,428
Jan 201818,17662.874.01$72,873
Dec 201714,84657.272.92$43,373
Nov 201716,38255.423.12$51,085
Oct 201716,34749.292.98$48,774
Sep 201719,80747.523.09$61,150
Aug 201721,54745.373.00$64,736
Jul 201721,44643.873.09$66,210
Jun 201725,77442.493.09$79,572
May 201729,93345.373.26$97,683
Apr 201730,72947.933.21$98,689
Mar 201733,85246.772.98$101,004
Feb 201733,27750.452.95$98,254
Jan 201740,13349.413.42$137,207
Dec 201644,64448.763.72$166,202
Nov 201634,68742.492.64$91,725
Oct 201630,74346.193.09$95,004
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 20169,76841.622.92$28,565
Jun 201611,06145.352.69$29,708
May 201611,84342.521.99$23,580
Apr 201611,92236.561.99$23,737
Mar 201612,76733.011.79$22,904
Feb 201615,61426.472.06$32,222
Jan 201618,43827.352.36$43,594
Dec 201518,81632.362.00$37,659
Nov 201519,42338.792.17$42,096
Oct 201520,46543.552.43$49,660
Sep 201520,84642.992.76$57,502
Aug 201520,16540.162.87$57,924
Jul 201516,81448.152.95$49,519
Jun 201517,02456.152.88$49,078
May 201517,90455.212.96$52,914
Apr 201520,54649.822.71$55,609
Mar 201521,39342.892.93$62,782
Feb 201520,26744.662.98$60,318
Jan 201521,77543.433.10$67,516
Dec 201420,01554.693.59$71,881
Nov 201421,74370.464.25$92,448
Oct 201425,59778.303.90$99,853
Sep 201421,96086.164.05$88,838
Aug 201422,16789.394.04$89,447
Jul 201429,57296.564.18$123,599
Jun 201427,53998.164.74$130,449
May 201427,04494.734.73$127,825
Apr 201427,49095.944.81$132,203
Mar 201428,90695.895.06$146,172
Feb 201429,90697.406.19$185,178
Jan 201437,05790.404.86$180,124
Dec 201336,38091.824.35$158,416
Nov 201334,48388.853.74$128,907
Oct 201336,69997.423.78$138,699
Sep 201335,324104.113.72$131,325
Aug 201341,816104.253.52$147,301
Jul 201344,670102.523.72$166,071
Jun 201322,63094.403.93$89,013
May 201340,71194.834.15$168,913
Apr 201338,27993.964.28$163,933
Mar 201347,69593.623.91$186,624
Feb 201348,48891.233.42$165,825
Jan 201353,60791.603.42$183,331
Dec 201251,20186.773.42$175,116
Nov 201259,36286.953.62$215,185
Oct 201272,78289.383.40$247,436
Sep 201272,36494.672.92$211,187
Aug 201210,64792.662.91$30,963
Jul 201274,19685.133.02$224,131
Jun 201219,53879.822.52$49,217
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

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                6,513 Mcf  × $  3.05 =    $19,838

────────────────────────────────────────────────────
Month total                                  $19,838

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/263234 is the state's own key, not one this site invented.