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 265985District 09Field 65280200GasSaveExport
Value, all time
$13.2 M
Apr 2012 – May 2026
Value, last 12 filed months
$392 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
GasProduction3,796,631 Mcf$13,205,537
Total$13,205,537

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 202610,388106.413.05$31,640
Apr 20269,70898.932.87$27,859
Mar 20269,28989.753.15$29,255
Feb 20269,08363.503.75$34,064
Jan 20268,62259.138.00$68,958
Dec 20258,37056.664.41$36,940
Nov 20258,16458.593.93$32,055
Oct 20258,43859.383.30$27,886
Sep 20258,16862.743.08$25,132
Aug 20258,53563.933.01$25,731
Jul 20258,55366.743.32$28,355
Jun 20257,60766.483.13$23,800
May 20258,95360.553.23$28,939
Apr 20258,55262.363.54$30,301
Mar 20257,58767.704.27$32,384
Feb 20256,66570.884.34$28,932
Jan 20259,05474.324.28$38,739
Dec 20248,89068.993.12$27,749
Nov 20248,39569.052.20$18,456
Oct 20249,68371.372.28$22,091
Sep 20249,73869.612.36$23,024
Aug 20247,74775.632.06$15,987
Jul 20249,85279.932.15$21,148
Jun 20249,76878.082.63$25,729
May 202410,15678.812.20$22,327
Apr 20247,82884.451.66$12,988
Mar 20249,72480.301.55$15,025
Feb 20249,39076.091.78$16,748
Jan 202410,51973.023.30$34,688
Dec 20239,98271.262.61$26,060
Nov 20238,90477.892.81$24,999
Oct 202311,13485.443.09$34,374
Sep 202310,34689.042.74$28,297
Aug 202310,61780.522.67$28,378
Jul 202311,24774.852.64$29,712
Jun 202311,20768.962.26$25,311
May 202311,38370.622.23$25,354
Apr 202311,52878.122.24$25,797
Mar 202311,40272.852.39$27,287
Feb 20237,43375.112.47$18,327
Jan 202311,50476.533.39$38,972
Dec 202213,23376.415.73$75,813
Nov 202212,68285.005.65$71,605
Oct 202213,20487.185.86$77,425
Sep 202213,17884.888.16$107,581
Aug 202213,83294.529.13$126,247
Jul 20229,404101.587.54$70,926
Jun 202212,215115.097.98$97,442
May 202213,004109.378.43$109,663
Apr 202213,357104.226.84$91,330
Mar 202214,092108.885.08$71,537
Feb 202212,19591.054.86$59,254
Jan 202214,02481.844.54$63,636
Dec 202114,48071.323.90$56,459
Nov 202114,26177.435.24$74,683
Oct 202114,62979.795.71$83,588
Sep 202112,99069.865.35$69,508
Aug 202114,19466.024.22$59,907
Jul 202115,61770.783.98$62,188
Jun 202114,15369.493.38$47,846
May 202115,71263.483.02$47,414
Apr 202115,25560.362.76$42,080
Mar 202116,44761.302.72$44,686
Feb 202111,83257.805.55$65,643
Jan 202115,14850.412.81$42,570
Dec 202014,95444.642.68$40,009
Nov 202014,73538.772.71$39,881
Oct 202015,55736.972.48$38,557
Sep 202015,29037.091.99$30,443
Aug 202015,75539.982.39$37,577
Jul 202015,94038.371.83$29,092
Jun 202015,42834.901.69$26,078
May 202015,94416.921.81$28,934
Apr 202015,50114.751.80$27,970
Mar 202016,40230.341.86$30,446
Feb 202016,35049.881.98$32,384
Jan 202016,97357.252.09$35,554
Dec 201917,03159.012.30$39,246
Nov 201916,64155.302.75$45,774
Oct 201917,50953.472.42$42,346
Sep 201917,24855.052.66$45,833
Aug 201917,81553.112.30$41,052
Jul 201918,61656.272.46$45,796
Jun 201918,83052.782.49$46,909
May 201920,37658.482.74$55,837
Apr 201919,72662.632.75$54,260
Mar 201921,19156.803.06$64,889
Feb 201918,65150.852.79$52,078
Jan 201919,11046.033.23$61,691
Dec 201820,72446.594.19$86,739
Nov 201820,76652.934.24$87,991
Oct 201821,71561.443.40$73,789
Sep 201820,66859.543.11$64,236
Aug 201821,57159.403.07$66,149
Jul 201821,21465.142.93$62,197
Jun 201819,91460.183.08$61,274
May 201821,60665.382.90$62,675
Apr 201821,77163.842.90$63,153
Mar 201823,22261.222.79$64,716
Feb 201820,91261.782.77$57,845
Jan 201823,85162.874.01$95,626
Dec 201724,74357.272.92$72,287
Nov 201724,70055.423.12$77,023
Oct 201725,63649.292.98$76,490
Sep 201725,03847.523.09$77,299
Aug 201726,56845.373.00$79,821
Jul 201727,18843.873.09$83,937
Jun 201726,85142.493.09$82,897
May 201727,71845.373.26$90,455
Apr 201727,64447.933.21$88,781
Mar 201729,03646.772.98$86,634
Feb 201727,12550.452.95$80,089
Jan 201730,48549.413.42$104,222
Dec 201630,55248.763.72$113,740
Nov 201630,11742.492.64$79,640
Oct 201631,43546.193.09$97,142
Sep 201631,01841.553.10$96,175
Aug 201632,43441.442.92$94,848
Jul 201632,92441.622.92$96,281
Jun 201631,95645.352.69$85,828
May 201633,55542.521.99$66,809
Apr 201633,36136.561.99$66,423
Mar 201635,13133.011.79$63,025
Feb 201633,42826.472.06$68,983
Jan 201635,98727.352.36$85,086
Dec 201536,64332.362.00$73,338
Nov 201536,28738.792.17$78,646
Oct 201538,41243.552.43$93,210
Sep 201538,02742.992.76$104,894
Aug 201540,02840.162.87$114,980
Jul 201538,07748.152.95$112,140
Jun 201536,42956.152.88$105,020
May 201536,87855.212.96$108,991
Apr 201537,55449.822.71$101,643
Mar 201540,99642.892.93$120,311
Feb 201538,55044.662.98$114,732
Jan 201543,32743.433.10$134,341
Dec 201444,87254.693.59$161,152
Nov 201445,39370.464.25$193,004
Oct 201449,29978.303.90$192,313
Sep 201449,92186.164.05$201,952
Aug 201453,38389.394.04$215,407
Jul 201455,34396.564.18$231,312
Jun 201454,82298.164.74$259,685
May 201460,09694.734.73$284,047
Apr 201459,28595.944.81$285,109
Mar 201463,96595.895.06$323,458
Feb 201460,30797.406.19$373,421
Jan 201469,84790.404.86$339,507
Dec 201373,40991.824.35$319,658
Nov 201374,68888.853.74$279,205
Oct 201382,04597.423.78$310,078
Sep 201384,343104.113.72$313,565
Aug 201395,436104.253.52$336,184
Jul 2013107,121102.523.72$398,248
Jun 201354,46094.403.93$214,214
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

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               10,388 Mcf  × $  3.05 =    $31,640

────────────────────────────────────────────────────
Month total                                  $31,640

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/265985 is the state's own key, not one this site invented.