OLD TOWN

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 265578District 09Field 65280200GasSaveExport
Value, all time
$10.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$423 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
GasProduction3,021,883 Mcf$10,442,975
Total$10,442,975

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 20269,365106.413.05$28,524
Apr 20269,09398.932.87$26,094
Mar 20269,47689.753.15$29,844
Feb 20268,90463.503.75$33,393
Jan 20268,92859.138.00$71,405
Dec 20259,66456.664.41$42,651
Nov 20259,40158.593.93$36,912
Oct 20259,76659.383.30$32,275
Sep 20259,54862.743.08$29,378
Aug 20259,99863.933.01$30,142
Jul 202510,00866.743.32$33,179
Jun 20259,29066.483.13$29,066
May 20259,63960.553.23$31,156
Apr 20259,79662.363.54$34,708
Mar 202510,45267.704.27$44,612
Feb 20258,67770.884.34$37,665
Jan 202510,64374.324.28$45,538
Dec 202410,55468.993.12$32,943
Nov 20249,12769.052.20$20,065
Oct 202410,07071.372.28$22,974
Sep 20249,83069.612.36$23,242
Aug 202410,22375.632.06$21,096
Jul 202410,19079.932.15$21,874
Jun 202410,32678.082.63$27,198
May 202410,97278.812.20$24,121
Apr 202410,63284.451.66$17,641
Mar 202411,02080.301.55$17,027
Feb 202410,39176.091.78$18,534
Jan 202411,72573.023.30$38,665
Dec 202311,45471.262.61$29,903
Nov 202310,59977.892.81$29,757
Oct 202310,85785.443.09$33,519
Sep 20239,49389.042.74$25,964
Aug 202310,09480.522.67$26,980
Jul 202310,70874.852.64$28,288
Jun 202310,46568.962.26$23,635
May 202311,34470.622.23$25,268
Apr 202310,55378.122.24$23,615
Mar 202310,78072.852.39$25,798
Feb 20239,51175.112.47$23,451
Jan 202310,26176.533.39$34,761
Dec 202210,58876.415.73$60,660
Nov 202210,00685.005.65$56,496
Oct 202210,59687.185.86$62,132
Sep 202210,26084.888.16$83,759
Aug 202210,64994.529.13$97,195
Jul 202210,238101.587.54$77,216
Jun 202210,891115.097.98$86,880
May 202211,886109.378.43$100,235
Apr 202211,655104.226.84$79,692
Mar 202212,112108.885.08$61,485
Feb 202210,75091.054.86$52,233
Jan 202212,29681.844.54$55,795
Dec 202112,40971.323.90$48,384
Nov 202112,01077.435.24$62,895
Oct 202112,44979.795.71$71,132
Sep 202111,75269.865.35$62,884
Aug 202112,35366.024.22$52,137
Jul 202112,83270.783.98$51,098
Jun 202112,86569.493.38$43,492
May 202113,42663.483.02$40,515
Apr 202113,16560.362.76$36,315
Mar 202114,46761.302.72$39,306
Feb 202110,39157.805.55$57,649
Jan 202113,33450.412.81$37,472
Dec 202013,30044.642.68$35,584
Nov 202013,05838.772.71$35,342
Oct 202013,26936.972.48$32,886
Sep 202013,25737.091.99$26,395
Aug 202013,87539.982.39$33,093
Jul 202014,23638.371.83$25,982
Jun 202013,80534.901.69$23,335
May 202014,13516.921.81$25,651
Apr 202013,88814.751.80$25,059
Mar 202014,29230.341.86$26,529
Feb 202013,66249.881.98$27,060
Jan 202014,70257.252.09$30,797
Dec 201914,98759.012.30$34,535
Nov 201915,05055.302.75$41,398
Oct 201915,71153.472.42$37,998
Sep 201915,56755.052.66$41,366
Aug 201916,25253.112.30$37,450
Jul 201916,10556.272.46$39,619
Jun 201916,23752.782.49$40,450
May 201916,92958.482.74$46,391
Apr 201916,88262.632.75$46,437
Mar 201915,16356.803.06$46,431
Feb 201910,24250.852.79$28,598
Jan 201915,68246.033.23$50,624
Dec 201816,40846.594.19$68,675
Nov 201815,66352.934.24$66,368
Oct 201816,78661.443.40$57,040
Sep 201816,31259.543.11$50,698
Aug 201817,42559.403.07$53,435
Jul 201816,49165.142.93$48,350
Jun 201816,62460.183.08$51,151
May 201815,74065.382.90$45,659
Apr 201816,27663.842.90$47,213
Mar 201817,67861.222.79$49,266
Feb 201815,63661.782.77$43,251
Jan 201817,53962.874.01$70,319
Dec 201717,55257.272.92$51,279
Nov 201718,11155.423.12$56,477
Oct 201719,06049.292.98$56,869
Sep 201718,29647.523.09$56,485
Aug 201719,90845.373.00$59,812
Jul 201720,77543.873.09$64,138
Jun 201720,59142.493.09$63,570
May 201721,24845.373.26$69,341
Apr 201721,21647.933.21$68,137
Mar 201722,41046.772.98$66,864
Feb 201721,15850.452.95$62,471
Jan 201720,76249.413.42$70,981
Dec 201622,29148.763.72$82,986
Nov 201621,84742.492.64$57,771
Oct 201622,79546.193.09$70,442
Sep 201622,46241.553.10$69,646
Aug 201623,35841.442.92$68,307
Jul 201623,94941.622.92$70,035
Jun 201624,07445.352.69$64,659
May 201625,26942.521.99$50,312
Apr 201625,02536.561.99$49,826
Mar 201626,32533.011.79$47,227
Feb 201625,00526.472.06$51,601
Jan 201626,76627.352.36$63,284
Dec 201527,30632.362.00$54,651
Nov 201526,75938.792.17$57,996
Oct 201527,72443.552.43$67,275
Sep 201527,66842.992.76$76,320
Aug 201527,97740.162.87$80,364
Jul 201527,77748.152.95$81,805
Jun 201527,31656.152.88$78,748
May 201527,44555.212.96$81,112
Apr 201527,49749.822.71$74,423
Mar 201529,47042.892.93$86,486
Feb 201528,02244.662.98$83,399
Jan 201531,21443.433.10$96,783
Dec 201432,19954.693.59$115,638
Nov 201431,88870.464.25$135,583
Oct 201434,45378.303.90$134,400
Sep 201434,27686.164.05$138,662
Aug 201440,49889.394.04$163,414
Jul 201438,15496.564.18$159,468
Jun 201439,62398.164.74$187,689
May 201442,49694.734.73$200,860
Apr 201442,43295.944.81$204,061
Mar 201445,57695.895.06$230,469
Feb 201443,12297.406.19$267,011
Jan 201450,16090.404.86$243,814
Dec 201352,97391.824.35$230,670
Nov 201354,78488.853.74$204,798
Oct 201360,35897.423.78$228,115
Sep 201362,989104.113.72$234,177
Aug 201372,765104.253.52$256,323
Jul 201384,692102.523.72$314,863
Jun 201345,94694.403.93$180,724
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.

May 2026 — as filed, then multipliedworked
Gas                9,365 Mcf  × $  3.05 =    $28,524

────────────────────────────────────────────────────
Month total                                  $28,524

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/265578 is the state's own key, not one this site invented.