OAKWOOD

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 264892District 09Field 65280200GasSaveExport
Value, all time
$8.3 M
Jan 2012 – May 2026
Value, last 12 filed months
$310 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
GasProduction2,395,836 Mcf$8,289,076
Total$8,289,076

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 20264,531106.413.05$13,801
Apr 20266,86998.932.87$19,712
Mar 20267,19289.753.15$22,651
Feb 20267,49263.503.75$28,097
Jan 202610,72059.138.00$85,738
Dec 20256,70156.664.41$29,574
Nov 20254,64558.593.93$18,238
Oct 20256,09159.383.30$20,130
Sep 20255,62562.743.08$17,308
Aug 20256,42963.933.01$19,382
Jul 20255,74466.743.32$19,043
Jun 20255,13166.483.13$16,053
May 20254,22160.553.23$13,644
Apr 20254,65062.363.54$16,476
Mar 20255,77167.704.27$24,632
Feb 20253,84070.884.34$16,669
Jan 20252,69574.324.28$11,531
Dec 20246,30668.993.12$19,683
Nov 20246,83569.052.20$15,026
Oct 20247,09371.372.28$16,182
Sep 20246,77369.612.36$16,014
Aug 20246,67075.632.06$13,764
Jul 20246,32679.932.15$13,579
Jun 20245,85578.082.63$15,422
May 20246,28078.812.20$13,806
Apr 20245,42684.451.66$9,003
Mar 20245,53080.301.55$8,545
Feb 20245,41676.091.78$9,660
Jan 20244,52873.023.30$14,932
Dec 20235,79071.262.61$15,116
Nov 20236,39877.892.81$17,963
Oct 20236,57385.443.09$20,293
Sep 20236,35489.042.74$17,378
Aug 20236,71280.522.67$17,940
Jul 20236,37974.852.64$16,852
Jun 20237,57068.962.26$17,097
May 202310,24670.622.23$22,822
Apr 202310,21978.122.24$22,868
Mar 202311,70572.852.39$28,012
Feb 20239,61175.112.47$23,698
Jan 20239,74776.533.39$33,020
Dec 20228,66076.415.73$49,614
Nov 20224,18885.005.65$23,646
Oct 20226,94687.185.86$40,730
Sep 20227,54684.888.16$61,603
Aug 20227,58094.529.13$69,184
Jul 20225,587101.587.54$42,138
Jun 20229,993115.097.98$79,716
May 202210,238109.378.43$86,337
Apr 20229,629104.226.84$65,839
Mar 202210,299108.885.08$52,282
Feb 202210,46491.054.86$50,843
Jan 202211,56681.844.54$52,483
Dec 202111,03771.323.90$43,035
Nov 202111,02177.435.24$57,715
Oct 202110,99079.795.71$62,795
Sep 202110,98669.865.35$58,785
Aug 202112,08466.024.22$51,002
Jul 202112,06870.783.98$48,056
Jun 202111,62569.493.38$39,300
May 202111,80663.483.02$35,627
Apr 202112,96460.362.76$35,760
Mar 202113,51461.302.72$36,717
Feb 202112,05357.805.55$66,869
Jan 202114,24650.412.81$40,035
Dec 202014,52344.642.68$38,856
Nov 202013,58238.772.71$36,761
Oct 202013,13236.972.48$32,547
Sep 202012,53737.091.99$24,962
Aug 202013,07239.982.39$31,178
Jul 202013,22938.371.83$24,145
Jun 202013,46034.901.69$22,752
May 202015,87716.921.81$28,813
Apr 202013,97014.751.80$25,207
Mar 202015,52230.341.86$28,812
Feb 202015,48149.881.98$30,663
Jan 202017,46257.252.09$36,578
Dec 201917,65959.012.30$40,693
Nov 201917,72155.302.75$48,745
Oct 201918,30753.472.42$44,276
Sep 201916,92055.052.66$44,961
Aug 201916,72253.112.30$38,534
Jul 201917,89556.272.46$44,023
Jun 201917,70152.782.49$44,097
May 201911,15458.482.74$30,566
Apr 20191,50662.632.75$4,143
Mar 20191,27356.803.06$3,898
Feb 20193,06350.852.79$8,553
Jan 20195,06546.033.23$16,351
Dec 20181,51946.594.19$6,358
Nov 20181,80252.934.24$7,636
Oct 20183,26361.443.40$11,088
Sep 20184,49359.543.11$13,964
Aug 201816,68959.403.07$51,178
Jul 201815,21165.142.93$44,597
Jun 201814,11160.183.08$43,418
May 201815,69565.382.90$45,528
Apr 201812,96263.842.90$37,600
Mar 201815,66661.222.79$43,659
Feb 201814,54961.782.77$40,244
Jan 201816,79362.874.01$67,329
Dec 201717,09357.272.92$49,938
Nov 201716,08755.423.12$50,165
Oct 201717,92549.292.98$53,482
Sep 201717,05047.523.09$52,638
Aug 201715,77545.373.00$47,394
Jul 201717,84543.873.09$55,093
Jun 201717,61242.493.09$54,373
May 201718,70445.373.26$61,039
Apr 201718,53747.933.21$59,533
Mar 201720,06146.772.98$59,856
Feb 201716,82550.452.95$49,678
Jan 201718,98449.413.42$64,903
Dec 201619,20148.763.72$71,482
Nov 201619,15242.492.64$50,645
Oct 201620,65846.193.09$63,839
Sep 201619,20341.553.10$59,541
Aug 201619,10641.442.92$55,872
Jul 201618,91541.622.92$55,314
Jun 201618,01845.352.69$48,393
May 201619,64342.521.99$39,110
Apr 201620,86536.561.99$41,543
Mar 201619,32233.011.79$34,664
Feb 201617,03526.472.06$35,154
Jan 201619,91027.352.36$47,074
Dec 201520,10732.362.00$40,242
Nov 201518,37638.792.17$39,827
Oct 201515,83143.552.43$38,415
Sep 201515,46442.992.76$42,656
Aug 201526,46440.162.87$76,018
Jul 201526,83948.152.95$79,043
Jun 201527,58556.152.88$79,524
May 201516,63355.212.96$49,158
Apr 201518,80349.822.71$50,892
Mar 201523,12642.892.93$67,868
Feb 201520,19144.662.98$60,092
Jan 201526,94843.433.10$83,556
Dec 201426,48354.693.59$95,110
Nov 201427,68470.464.25$117,708
Oct 201429,79978.303.90$116,245
Sep 201429,23886.164.05$118,281
Aug 201431,80589.394.04$128,337
Jul 201436,51396.564.18$152,610
Jun 201433,73098.164.74$159,775
May 201436,88194.734.73$174,320
Apr 201438,02795.944.81$182,876
Mar 201441,71195.895.06$210,924
Feb 201440,33797.406.19$249,767
Jan 201447,73390.404.86$232,017
Dec 201349,01891.824.35$213,448
Nov 201355,76288.853.74$208,454
Oct 201365,81297.423.78$248,727
Sep 201376,715104.113.72$285,206
Aug 201363,330104.253.52$223,087
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
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

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                4,531 Mcf  × $  3.05 =    $13,801

────────────────────────────────────────────────────
Month total                                  $13,801

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/264892 is the state's own key, not one this site invented.