TRUMAN

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 265575District 09Field 65280200GasSaveExport
Value, all time
$11.5 M
Apr 2012 – May 2026
Value, last 12 filed months
$772 k
at the published price for each month
Months reported
170
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
GasProduction3,339,537 Mcf$11,508,378
Total$11,508,378

Every month this lease reported (170)

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

170 months

May 202617,783106.413.05$54,164
Apr 202617,55598.932.87$50,378
Mar 202617,83889.753.15$56,180
Feb 202615,45863.503.75$57,972
Jan 202613,26559.138.00$106,092
Dec 202518,38056.664.41$81,118
Nov 202518,99958.593.93$74,598
Oct 202518,22559.383.30$60,231
Sep 202518,13062.743.08$55,785
Aug 202518,90463.933.01$56,991
Jul 202518,56366.743.32$61,540
Jun 202518,30466.483.13$57,268
May 202518,76660.553.23$60,658
Apr 202518,83162.363.54$66,720
Mar 202519,70167.704.27$84,090
Feb 202518,37470.884.34$79,759
Jan 202521,01374.324.28$89,908
Dec 202422,32968.993.12$69,697
Nov 202422,07469.052.20$48,528
Oct 202423,56271.372.28$53,754
Sep 202423,80969.612.36$56,293
Aug 202423,84075.632.06$49,197
Jul 202424,32979.932.15$52,224
Jun 202423,94878.082.63$63,079
May 202423,57078.812.20$51,817
Apr 202423,16084.451.66$38,427
Mar 202426,27780.301.55$40,601
Feb 202427,45976.091.78$48,977
Jan 202433,15873.023.30$109,344
Dec 202337,72871.262.61$98,497
Nov 202329,98477.892.81$84,182
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 20227,18487.185.86$42,125
Sep 20225,78384.888.16$47,211
Aug 202213,69294.529.13$124,969
Jul 202215,305101.587.54$115,432
Jun 20227,102115.097.98$56,654
May 2022173109.378.43$1,459
Apr 2022770104.226.84$5,265
Mar 20228,199108.885.08$41,621
Feb 202212,06491.054.86$58,617
Jan 202213,30981.844.54$60,392
Dec 202113,30571.323.90$51,878
Nov 202113,33577.435.24$69,833
Oct 202112,03279.795.71$68,749
Sep 202112,32769.865.35$65,961
Aug 202114,25066.024.22$60,143
Jul 202113,81770.783.98$55,020
Jun 202114,38469.493.38$48,627
May 202115,20263.483.02$45,875
Apr 202114,16360.362.76$39,068
Mar 202115,15961.302.72$41,186
Feb 202111,24657.805.55$62,392
Jan 202115,04550.412.81$42,281
Dec 202015,49444.642.68$41,454
Nov 202015,45038.772.71$41,817
Oct 202016,26136.972.48$40,302
Sep 202016,09637.091.99$32,048
Aug 202017,09839.982.39$40,780
Jul 202017,70538.371.83$32,314
Jun 202017,56134.901.69$29,684
May 202018,48416.921.81$33,544
Apr 202018,04614.751.80$32,562
Mar 202019,69930.341.86$36,566
Feb 202018,92849.881.98$37,490
Jan 202021,57757.252.09$45,198
Dec 201921,38659.012.30$49,281
Nov 201918,13755.302.75$49,889
Oct 201923,23753.472.42$56,200
Sep 201923,54555.052.66$62,566
Aug 201910,17053.112.30$23,435
Jul 201910,71256.272.46$26,352
Jun 201910,07052.782.49$25,086
May 20199,70858.482.74$26,603
Apr 201910,30062.632.75$28,332
Mar 201910,29356.803.06$31,518
Feb 20199,51150.852.79$26,557
Jan 201913,25746.033.23$42,796
Dec 201813,91646.594.19$58,245
Nov 201812,88552.934.24$54,597
Oct 201813,93561.443.40$47,352
Sep 201811,69559.543.11$36,348
Aug 201813,07159.403.07$40,083
Jul 20181,38065.142.93$4,046
Jun 20187,66960.183.08$23,597
May 201812,39565.382.90$35,955
Apr 20189,02263.842.90$26,171
Mar 201811,15961.222.79$31,098
Feb 201813,39861.782.77$37,060
Jan 201814,45562.874.01$57,955
Dec 201717,88057.272.92$52,237
Nov 201718,03955.423.12$56,252
Oct 201718,21149.292.98$54,336
Sep 201714,28647.523.09$44,105
Aug 201719,59345.373.00$58,865
Jul 201721,17943.873.09$65,386
Jun 201720,32042.493.09$62,734
May 201719,78745.373.26$64,573
Apr 201720,03647.933.21$64,348
Mar 201720,84446.772.98$62,192
Feb 201719,13450.452.95$56,495
Jan 201721,85349.413.42$74,711
Dec 201627,91048.763.72$103,904
Nov 201627,97242.492.64$73,968
Oct 201629,47146.193.09$91,073
Sep 201629,10341.553.10$90,238
Aug 201630,83641.442.92$90,175
Jul 201631,61641.622.92$92,456
Jun 201630,70645.352.69$82,471
May 201631,37842.521.99$62,475
Apr 20169,65736.561.99$19,227
Mar 20164,36033.011.79$7,822
Feb 201612,89626.472.06$26,613
Jan 201619,73027.352.36$46,649
Dec 201520,24032.362.00$40,509
Nov 201519,66338.792.17$42,616
Oct 201519,61443.552.43$47,595
Sep 201520,23742.992.76$55,822
Aug 201521,44840.162.87$61,609
Jul 201522,19348.152.95$65,360
Jun 201521,63556.152.88$62,371
May 20158,38255.212.96$24,773
Apr 201524,28949.822.71$65,740
Mar 201527,59142.892.93$80,972
Feb 201526,65144.662.98$79,318
Jan 201529,90343.433.10$92,718
Dec 201432,00354.693.59$114,934
Nov 201432,48770.464.25$138,130
Oct 201435,58678.303.90$138,820
Sep 201434,95186.164.05$141,392
Aug 201437,25489.394.04$150,324
Jul 201438,24496.564.18$159,845
Jun 201438,57798.164.74$182,735
May 201443,55194.734.73$205,846
Apr 201443,02195.944.81$206,893
Mar 201447,40495.895.06$239,713
Feb 201445,84497.406.19$283,866
Jan 201452,13290.404.86$253,399
Dec 201356,89191.824.35$247,731
Nov 201359,69788.853.74$223,164
Oct 201368,38597.423.78$258,452
Sep 201372,192104.113.72$268,391
Aug 201350,570104.253.52$178,138
Jul 201389,427102.523.72$332,466
Jun 2013101,13894.403.93$397,817
May 2013113,11194.834.15$469,307
Apr 201329,56293.964.28$126,602
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

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               17,783 Mcf  × $  3.05 =    $54,164

────────────────────────────────────────────────────
Month total                                  $54,164

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/265575 is the state's own key, not one this site invented.