CLEBURNE PROPANE

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 264054District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
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
GasProduction761,813 Mcf$2,970,442
Total$2,970,442

Every month this lease reported (174)

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

174 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
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 202464680.301.55$998
Feb 20241,93476.091.78$3,450
Jan 20242,50273.023.30$8,251
Dec 20232,60871.262.61$6,809
Nov 20233,50977.892.81$9,852
Oct 20233,35685.443.09$10,361
Sep 20233,16089.042.74$8,643
Aug 20233,55080.522.67$9,489
Jul 20232,49474.852.64$6,589
Jun 20232,93168.962.26$6,620
May 20232,91170.622.23$6,484
Apr 20234,94478.122.24$11,063
Mar 20235,09372.852.39$12,188
Feb 20232,95675.112.47$7,289
Jan 20233,47576.533.39$11,772
Dec 20223,25276.415.73$18,631
Nov 20223,55285.005.65$20,055
Oct 20222,10687.185.86$12,349
Sep 20223,38484.888.16$27,626
Aug 20226,77394.529.13$61,818
Jul 20226,029101.587.54$45,471
Jun 20224,799115.097.98$38,283
May 20225,581109.378.43$47,065
Apr 20224,542104.226.84$31,056
Mar 20225,703108.885.08$28,951
Feb 20223,76791.054.86$18,303
Jan 20224,02481.844.54$18,260
Dec 20214,40671.323.90$17,180
Nov 20215,37577.435.24$28,148
Oct 20216,14679.795.71$35,117
Sep 20218,00669.865.35$42,839
Aug 20216,70066.024.22$28,278
Jul 20216,70570.783.98$26,700
Jun 20216,59869.493.38$22,305
May 20218,73163.483.02$26,347
Apr 20218,47460.362.76$23,375
Mar 20217,10761.302.72$19,309
Feb 20213,39657.805.55$18,841
Jan 20218,59150.412.81$24,143
Dec 20208,86844.642.68$23,726
Nov 202011,92938.772.71$32,287
Oct 20203,44136.972.48$8,528
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 20198656.272.46$212
Jun 20194152.782.49$102
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20198356.803.06$254
Feb 201980850.852.79$2,256
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20187,24561.443.40$24,619
Sep 20185,98959.543.11$18,614
Aug 20187,55159.403.07$23,156
Jul 20187,30365.142.93$21,412
Jun 20185,55660.183.08$17,095
May 20186,64065.382.90$19,261
Apr 20189,52363.842.90$27,624
Mar 20189,96861.222.79$27,779
Feb 20188,64161.782.77$23,902
Jan 201811,77662.874.01$47,214
Dec 201711,83557.272.92$34,576
Nov 201712,56755.423.12$39,188
Oct 201713,96449.292.98$41,664
Sep 201713,85347.523.09$42,768
Aug 201715,83545.373.00$47,575
Jul 201717,71143.873.09$54,679
Jun 201719,55742.493.09$60,378
May 201712,90945.373.26$42,127
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 20143,27354.693.59$11,755
Nov 201410,63770.464.25$45,227
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 20146,86489.394.04$27,697
Jul 201419,88696.564.18$83,116
Jun 201421,80498.164.74$103,283
May 201416,85694.734.73$79,671
Apr 20145,22195.944.81$25,108
Mar 201411,65195.895.06$58,917
Feb 201415,28897.406.19$94,663
Jan 20145,18190.404.86$25,183
Dec 2013091.824.35$0
Nov 20131,70588.853.74$6,374
Oct 201324,40297.423.78$92,224
Sep 201328,852104.113.72$107,264
Aug 201334,012104.253.52$119,811
Jul 201338,623102.523.72$143,590
Jun 201344,17194.403.93$173,743
May 201358,46994.834.15$242,593
Apr 201311,42393.964.28$48,920
Mar 2013093.623.91$0
Feb 2013091.233.42$0
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

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.

Mar 2024 — as filed, then multipliedworked
Gas                  646 Mcf  × $  1.55 =       $998

────────────────────────────────────────────────────
Month total                                     $998

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/264054 is the state's own key, not one this site invented.