TEE

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 265045District 09Field 65280200GasSaveExport
Value, all time
$9.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$334 k
at the published price for each month
Months reported
171
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
GasProduction2,630,009 Mcf$9,425,013
Total$9,425,013

Every month this lease reported (171)

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

171 months

May 202611,753106.413.05$35,798
Apr 202612,10098.932.87$34,724
Mar 202613,16389.753.15$41,456
Feb 202613,87763.503.75$52,043
Jan 202619,46459.138.00$155,672
Dec 20253,12856.664.41$13,805
Nov 2025058.593.93$0
Oct 2025259.383.30$7
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 202562867.704.27$2,681
Feb 20259,00770.884.34$39,098
Jan 20259,66774.324.28$41,362
Dec 20249,33968.993.12$29,150
Nov 20248,97269.052.20$19,724
Oct 20249,15271.372.28$20,879
Sep 20248,68869.612.36$20,542
Aug 20249,22875.632.06$19,043
Jul 20249,31479.932.15$19,993
Jun 20248,90678.082.63$23,458
May 20249,08578.812.20$19,973
Apr 20248,81684.451.66$14,628
Mar 20249,25580.301.55$14,300
Feb 20248,60376.091.78$15,345
Jan 20249,71773.023.30$32,043
Dec 20239,77871.262.61$25,528
Nov 20239,66777.892.81$27,141
Oct 20239,93685.443.09$30,675
Sep 20239,56989.042.74$26,172
Aug 202310,30680.522.67$27,547
Jul 202310,29374.852.64$27,192
Jun 202310,19768.962.26$23,030
May 202310,60570.622.23$23,622
Apr 20239,84178.122.24$22,022
Mar 20239,79072.852.39$23,429
Feb 20238,77675.112.47$21,639
Jan 20239,46976.533.39$32,078
Dec 20229,90876.415.73$56,764
Nov 20229,75785.005.65$55,090
Oct 202210,25587.185.86$60,133
Sep 202210,37184.888.16$84,666
Aug 202211,62794.529.13$106,121
Jul 202211,277101.587.54$85,052
Jun 202211,091115.097.98$88,475
May 202212,393109.378.43$104,511
Apr 202213,371104.226.84$91,426
Mar 202213,778108.885.08$69,943
Feb 202211,82691.054.86$57,461
Jan 202212,39881.844.54$56,258
Dec 202112,41171.323.90$48,392
Nov 202112,30677.435.24$64,445
Oct 202112,90779.795.71$73,749
Sep 202112,18269.865.35$65,185
Aug 202112,86666.024.22$54,302
Jul 202113,04670.783.98$51,950
Jun 202112,91469.493.38$43,657
May 202113,63263.483.02$41,137
Apr 202113,35760.362.76$36,844
Mar 202114,17561.302.72$38,513
Feb 202112,81957.805.55$71,119
Jan 202114,75450.412.81$41,463
Dec 202014,85344.642.68$39,739
Nov 202014,67438.772.71$39,716
Oct 202015,87936.972.48$39,355
Sep 202015,81337.091.99$31,484
Aug 202016,57939.982.39$39,543
Jul 202017,74738.371.83$32,390
Jun 202018,39234.901.69$31,088
May 202019,98616.921.81$36,270
Apr 202021,84514.751.80$39,417
Mar 202027,35530.341.86$50,777
Feb 20208,81049.881.98$17,450
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 20191653.112.30$37
Jul 20192656.272.46$64
Jun 20192052.782.49$50
May 2019658.482.74$16
Apr 20192662.632.75$72
Mar 201914,09156.803.06$43,148
Feb 201915,62250.852.79$43,620
Jan 201920,48646.033.23$66,133
Dec 201828,41746.594.19$118,938
Nov 2018052.934.24$0
Oct 20182961.443.40$99
Sep 20184759.543.11$146
Aug 201817959.403.07$549
Jul 20187,97465.142.93$23,379
Jun 201815,03060.183.08$46,246
May 201815,72565.382.90$45,615
Apr 201815,40563.842.90$44,687
Mar 201816,08561.222.79$44,826
Feb 201814,89561.782.77$41,201
Jan 201817,11662.874.01$68,624
Dec 201715,32157.272.92$44,761
Nov 201716,45955.423.12$51,325
Oct 201717,06349.292.98$50,911
Sep 201716,59647.523.09$51,237
Aug 201717,06645.373.00$51,273
Jul 201718,23843.873.09$56,306
Jun 201717,72042.493.09$54,707
May 201718,21845.373.26$59,453
Apr 201717,72947.933.21$56,938
Mar 201718,78346.772.98$56,042
Feb 201715,69950.452.95$46,353
Jan 201719,01849.413.42$65,019
Dec 201618,89648.763.72$70,347
Nov 201618,18542.492.64$48,088
Oct 201619,76546.193.09$61,079
Sep 201619,60141.553.10$60,775
Aug 201620,79341.442.92$60,806
Jul 201621,35041.622.92$62,435
Jun 201620,94045.352.69$56,241
May 201620,94442.521.99$41,700
Apr 201622,81336.561.99$45,422
Mar 201622,16433.011.79$39,762
Feb 201618,09326.472.06$37,337
Jan 201620,42627.352.36$48,294
Dec 201521,27832.362.00$42,586
Nov 201521,15938.792.17$45,859
Oct 201521,96843.552.43$53,307
Sep 201522,01742.992.76$60,732
Aug 201522,88540.162.87$65,737
Jul 201523,71548.152.95$69,843
Jun 201523,13056.152.88$66,681
May 201524,48755.212.96$72,370
Apr 201524,60449.822.71$66,592
Mar 201526,28942.892.93$77,151
Feb 201522,91844.662.98$68,208
Jan 201527,62443.433.10$85,652
Dec 201428,86754.693.59$103,672
Nov 201428,62370.464.25$121,700
Oct 201431,27978.303.90$122,018
Sep 201431,86586.164.05$128,908
Aug 201433,18389.394.04$133,897
Jul 201434,30396.564.18$143,373
Jun 201434,47198.164.74$163,285
May 201437,54994.734.73$177,478
Apr 201438,69595.944.81$186,089
Mar 201441,96695.895.06$212,214
Feb 201439,01097.406.19$241,550
Jan 201445,90890.404.86$223,146
Dec 201346,66891.824.35$203,215
Nov 201351,67788.853.74$193,183
Oct 201357,63697.423.78$217,827
Sep 201345,156104.113.72$167,878
Aug 20131,128104.253.52$3,974
Jul 201340,354102.523.72$150,026
Jun 201342,62894.403.93$167,673
May 201350,35694.834.15$208,931
Apr 201367,29393.964.28$288,188
Mar 201378,80093.623.91$308,334
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

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               11,753 Mcf  × $  3.05 =    $35,798

────────────────────────────────────────────────────
Month total                                  $35,798

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/265045 is the state's own key, not one this site invented.