NAUTILUS

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 265573District 09Field 65280200GasSaveExport
Value, all time
$3.6 M
Mar 2012 – May 2026
Value, last 12 filed months
$72
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
GasProduction1,280,663 Mcf$3,623,796
Total$3,623,796

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026959.138.00$72
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 2025367.704.27$13
Feb 2025470.884.34$17
Jan 2025574.324.28$21
Dec 2024568.993.12$16
Nov 2024469.052.20$9
Oct 20242971.372.28$66
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 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 20222,64587.185.86$15,510
Sep 20223,01884.888.16$24,638
Aug 20223,37394.529.13$30,786
Jul 20222,839101.587.54$21,412
Jun 20221,146115.097.98$9,142
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 202238691.054.86$1,876
Jan 20221,91781.844.54$8,699
Dec 20214,18471.323.90$16,314
Nov 20212,46477.435.24$12,904
Oct 202110479.795.71$594
Sep 20212,74269.865.35$14,672
Aug 20213,45966.024.22$14,599
Jul 20214,17370.783.98$16,617
Jun 20213,84869.493.38$13,009
May 20213,84163.483.02$11,591
Apr 20212,01960.362.76$5,569
Mar 20213,25361.302.72$8,838
Feb 20212,73057.805.55$15,146
Jan 20213,81350.412.81$10,716
Dec 20201,73144.642.68$4,631
Nov 20203,47838.772.71$9,413
Oct 20206,66936.972.48$16,529
Sep 20205,11037.091.99$10,174
Aug 20205,28839.982.39$12,612
Jul 20206,02338.371.83$10,993
Jun 20205,69734.901.69$9,630
May 20206,13216.921.81$11,128
Apr 20205,62214.751.80$10,144
Mar 20204,91230.341.86$9,118
Feb 20203,66349.881.98$7,255
Jan 20204,40257.252.09$9,221
Dec 20194,41659.012.30$10,176
Nov 20196,80755.302.75$18,724
Oct 20195,53753.472.42$13,391
Sep 20197,02055.052.66$18,654
Aug 20196,45553.112.30$14,875
Jul 20192,98056.272.46$7,331
Jun 20197,22352.782.49$17,994
May 20196,98658.482.74$19,144
Apr 20196,66962.632.75$18,344
Mar 20197,21656.803.06$22,096
Feb 20194,80250.852.79$13,408
Jan 20197,13046.033.23$23,017
Dec 20186,01946.594.19$25,192
Nov 20185,40152.934.24$22,885
Oct 20187,53961.443.40$25,618
Sep 20186,54259.543.11$20,333
Aug 20187,91859.403.07$24,281
Jul 20189,48565.142.93$27,809
Jun 201811,65460.183.08$35,858
May 201813,02265.382.90$37,774
Apr 201813,30263.842.90$38,586
Mar 201812,72161.222.79$35,451
Feb 201812,30261.782.77$34,029
Jan 201814,86762.874.01$59,607
Dec 201713,64257.272.92$39,855
Nov 201714,20155.423.12$44,284
Oct 20176,34749.292.98$18,937
Sep 201712,63547.523.09$39,008
Aug 201714,38845.373.00$43,227
Jul 201715,23643.873.09$47,038
Jun 201715,49342.493.09$47,831
May 201716,28745.373.26$53,151
Apr 201715,39847.933.21$49,452
Mar 201717,19546.772.98$51,304
Feb 201716,71250.452.95$49,344
Jan 201718,71149.413.42$63,969
Dec 201619,41748.763.72$72,286
Nov 201619,76942.492.64$52,276
Oct 201620,90046.193.09$64,586
Sep 201621,50941.553.10$66,691
Aug 201623,50041.442.92$68,722
Jul 201624,81041.622.92$72,553
Jun 201625,13145.352.69$67,498
May 201626,63142.521.99$53,023
Apr 201627,87936.561.99$55,508
Mar 201628,64633.011.79$51,391
Feb 201627,85326.472.06$57,478
Jan 201632,11427.352.36$75,929
Dec 201534,82632.362.00$69,701
Nov 201535,89938.792.17$77,805
Oct 201541,35743.552.43$100,356
Sep 201544,11642.992.76$121,690
Aug 201551,09540.162.87$146,770
Jul 201560,15348.152.95$177,155
Jun 201570,86456.152.88$204,291
May 201583,21355.212.96$245,932
Apr 201579,98349.822.71$216,480
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
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

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.

Jan 2026 — as filed, then multipliedworked
Gas                    9 Mcf  × $  8.00 =        $72

────────────────────────────────────────────────────
Month total                                      $72

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/265573 is the state's own key, not one this site invented.