LABC NORTH

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 264605District 09Field 65280200GasSaveExport
Value, all time
$10.4 M
Jan 2012 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
173
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
GasProduction2,998,830 Mcf$10,382,743
Total$10,382,743

Every month this lease reported (173)

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

173 months

May 20260106.413.05$0
Apr 2026298.932.87$6
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026159.138.00$8
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 20251,16063.933.01$3,497
Jul 20252,07066.743.32$6,862
Jun 20251,97166.483.13$6,167
May 20256,77160.553.23$21,886
Apr 20257,45562.363.54$26,414
Mar 20258,52367.704.27$36,379
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 20241,59571.372.28$3,639
Sep 2024069.612.36$0
Aug 20241,73575.632.06$3,580
Jul 20242,58879.932.15$5,555
Jun 20244,40278.082.63$11,595
May 202489478.812.20$1,965
Apr 20242,35284.451.66$3,902
Mar 20242,22680.301.55$3,439
Feb 20242,36076.091.78$4,209
Jan 20243,51473.023.30$11,588
Dec 20233,59871.262.61$9,393
Nov 20232,46077.892.81$6,907
Oct 20231,11985.443.09$3,455
Sep 20232,30789.042.74$6,310
Aug 20232,40080.522.67$6,415
Jul 20234,05774.852.64$10,718
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 202386478.122.24$1,933
Mar 2023072.852.39$0
Feb 20234,10575.112.47$10,122
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 202251585.005.65$2,908
Oct 2022087.185.86$0
Sep 202280384.888.16$6,555
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 20223,37991.054.86$16,418
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 202145060.362.76$1,241
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202010,69838.772.71$28,955
Oct 202010,22536.972.48$25,342
Sep 202011,45937.091.99$22,815
Aug 202012,26639.982.39$29,256
Jul 202013,92138.371.83$25,408
Jun 202013,49034.901.69$22,802
May 202014,00316.921.81$25,412
Apr 202014,07914.751.80$25,404
Mar 202011,96830.341.86$22,215
Feb 202010,19549.881.98$20,193
Jan 202010,55957.252.09$22,118
Dec 201911,30559.012.30$26,051
Nov 20198,47255.302.75$23,304
Oct 20199,83853.472.42$23,794
Sep 201911,05155.052.66$29,366
Aug 201912,86353.112.30$29,641
Jul 201912,74656.272.46$31,356
Jun 201920,12552.782.49$50,135
May 201926,05158.482.74$71,388
Apr 201927,50962.632.75$75,669
Mar 201930,00856.803.06$91,888
Feb 201926,36350.852.79$73,611
Jan 201924,71146.033.23$79,772
Dec 201823,62046.594.19$98,860
Nov 201823,46952.934.24$99,444
Oct 201821,89161.443.40$74,387
Sep 201819,15659.543.11$59,537
Aug 20187,26059.403.07$22,263
Jul 201821,17865.142.93$62,091
Jun 201828,65860.183.08$88,178
May 201828,00565.382.90$81,237
Apr 201827,67563.842.90$80,280
Mar 201828,00361.222.79$78,040
Feb 201822,21861.782.77$61,458
Jan 201823,35762.874.01$93,646
Dec 201721,84057.272.92$63,806
Nov 20171,97055.423.12$6,143
Oct 201783649.292.98$2,494
Sep 201780547.523.09$2,485
Aug 201785145.373.00$2,557
Jul 201791543.873.09$2,825
Jun 20172,21942.493.09$6,851
May 20172,24145.373.26$7,313
Apr 20171,19547.933.21$3,838
Mar 20171,90246.772.98$5,675
Feb 20171,75450.452.95$5,179
Jan 20177,81749.413.42$26,725
Dec 201630,79348.763.72$114,637
Nov 201633,86542.492.64$89,551
Oct 201635,78246.193.09$110,576
Sep 201633,29441.553.10$103,232
Aug 201651,14241.442.92$149,557
Jul 201652,00241.622.92$152,072
Jun 201651,40645.352.69$138,068
May 201655,58642.521.99$110,674
Apr 201653,57636.561.99$106,672
Mar 201657,49133.011.79$103,139
Feb 201658,72426.472.06$121,185
Jan 201664,82727.352.36$153,274
Dec 201518,05632.362.00$36,137
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 20151,09644.662.98$3,262
Jan 201511,64843.433.10$36,116
Dec 201441,33054.693.59$148,431
Nov 201439,53470.464.25$168,092
Oct 201443,77278.303.90$170,753
Sep 201444,43086.164.05$179,739
Aug 201445,93489.394.04$185,349
Jul 201447,87896.564.18$200,111
Jun 201447,40498.164.74$224,547
May 201449,69294.734.73$234,872
Apr 201451,08395.944.81$245,664
Mar 201454,40995.895.06$275,135
Feb 201451,43697.406.19$318,492
Jan 201459,87690.404.86$291,040
Dec 201358,33291.824.35$254,006
Nov 201362,84288.853.74$234,921
Oct 201369,58897.423.78$262,998
Sep 201366,488104.113.72$247,185
Aug 201378,569104.253.52$276,768
Jul 201383,834102.523.72$311,673
Jun 201386,99394.403.93$342,179
May 201398,94894.834.15$410,543
Apr 2013112,08093.964.28$479,993
Mar 2013126,24393.623.91$493,972
Feb 2013147,10291.233.42$503,076
Jan 201373,32991.603.42$250,779
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

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.

Apr 2026 — as filed, then multipliedworked
Gas                    2 Mcf  × $  2.87 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/264605 is the state's own key, not one this site invented.