SUBLETT

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 266011District 09Field 65280200GasSaveExport
Value, all time
$4.2 M
May 2012 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
169
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
GasProduction1,155,826 Mcf$4,183,153
Total$4,183,153

Every month this lease reported (169)

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

169 months

May 2026923106.413.05$2,811
Apr 202690498.932.87$2,594
Mar 202697689.753.15$3,074
Feb 202693263.503.75$3,495
Jan 20261,01759.138.00$8,134
Dec 202598656.664.41$4,352
Nov 202596458.593.93$3,785
Oct 20251,01659.383.30$3,358
Sep 202599962.743.08$3,074
Aug 20251,03563.933.01$3,120
Jul 20251,11366.743.32$3,690
Jun 20251,07466.483.13$3,360
May 20251,18460.553.23$3,827
Apr 20251,14562.363.54$4,057
Mar 20251,11367.704.27$4,751
Feb 20251,05570.884.34$4,580
Jan 20251,19374.324.28$5,104
Dec 20241,37068.993.12$4,276
Nov 20241,75369.052.20$3,854
Oct 20241,35771.372.28$3,096
Sep 20241,32569.612.36$3,133
Aug 20241,37975.632.06$2,846
Jul 20241,41279.932.15$3,031
Jun 20241,40278.082.63$3,693
May 20241,41278.812.20$3,104
Apr 20241,38884.451.66$2,303
Mar 20241,49880.301.55$2,315
Feb 20241,47076.091.78$2,622
Jan 20242,35373.023.30$7,759
Dec 20231,92071.262.61$5,013
Nov 20231,54277.892.81$4,329
Oct 20231,85785.443.09$5,733
Sep 20231,75089.042.74$4,786
Aug 202358580.522.67$1,564
Jul 20231,43174.852.64$3,780
Jun 20232,96168.962.26$6,687
May 20233,33570.622.23$7,428
Apr 20232,76078.122.24$6,176
Mar 20233,14272.852.39$7,519
Feb 20233,51575.112.47$8,667
Jan 20233,68576.533.39$12,484
Dec 20224,31076.415.73$24,692
Nov 20224,52485.005.65$25,543
Oct 20224,88687.185.86$28,650
Sep 20225,54884.888.16$45,292
Aug 20223,40994.529.13$31,114
Jul 20222,959101.587.54$22,317
Jun 20223,442115.097.98$27,458
May 20224,009109.378.43$33,808
Apr 20224,747104.226.84$32,458
Mar 20224,673108.885.08$23,722
Feb 20224,54991.054.86$22,103
Jan 20223,53581.844.54$16,041
Dec 20213,77771.323.90$14,727
Nov 20214,43577.435.24$23,225
Oct 20214,53879.795.71$25,930
Sep 20214,30569.865.35$23,036
Aug 20214,52166.024.22$19,081
Jul 20215,10770.783.98$20,336
Jun 20215,04169.493.38$17,042
May 20215,26263.483.02$15,879
Apr 20214,98060.362.76$13,737
Mar 20215,02261.302.72$13,644
Feb 20214,41157.805.55$24,472
Jan 20215,29250.412.81$14,872
Dec 20205,27644.642.68$14,116
Nov 20205,11138.772.71$13,833
Oct 20205,34736.972.48$13,252
Sep 20205,68837.091.99$11,325
Aug 20205,36139.982.39$12,787
Jul 20205,39138.371.83$9,839
Jun 20205,37234.901.69$9,080
May 20205,67716.921.81$10,302
Apr 20205,58914.751.80$10,085
Mar 20205,89930.341.86$10,950
Feb 20205,50849.881.98$10,910
Jan 20205,96457.252.09$12,493
Dec 20196,10059.012.30$14,057
Nov 20196,03655.302.75$16,603
Oct 20196,48353.472.42$15,679
Sep 20195,57055.052.66$14,801
Aug 20194,31553.112.30$9,943
Jul 20195,07556.272.46$12,485
Jun 20196,51552.782.49$16,230
May 20197,03058.482.74$19,264
Apr 20197,04462.632.75$19,376
Mar 20197,42556.803.06$22,736
Feb 20196,94850.852.79$19,400
Jan 20197,88746.033.23$25,461
Dec 20188,30846.594.19$34,773
Nov 20188,44252.934.24$35,771
Oct 20189,55561.443.40$32,469
Sep 20188,66859.543.11$26,940
Aug 20188,42059.403.07$25,820
Jul 20186,21765.142.93$18,228
Jun 20184,77860.183.08$14,702
May 20184,91965.382.90$14,269
Apr 20184,78763.842.90$13,886
Mar 20184,92861.222.79$13,734
Feb 20183,83761.782.77$10,614
Jan 20183,47762.874.01$13,940
Dec 20174,58557.272.92$13,395
Nov 20174,61255.423.12$14,382
Oct 20175,17349.292.98$15,435
Sep 20177,55947.523.09$23,337
Aug 20177,03845.373.00$21,145
Jul 20177,28943.873.09$22,503
Jun 20177,45042.493.09$23,000
May 20178,40745.373.26$27,435
Apr 20178,74947.933.21$28,098
Mar 20178,87246.772.98$26,471
Feb 20177,80750.452.95$23,051
Jan 20175,10849.413.42$17,463
Dec 20164,15048.763.72$15,450
Nov 20164,04042.492.64$10,683
Oct 20164,40246.193.09$13,603
Sep 20164,25241.553.10$13,184
Aug 20165,28641.442.92$15,458
Jul 20165,20041.622.92$15,207
Jun 20165,83745.352.69$15,677
May 20167,62742.521.99$15,186
Apr 20167,53736.561.99$15,006
Mar 20169,12433.011.79$16,369
Feb 20168,83726.472.06$18,236
Jan 20168,49927.352.36$20,095
Dec 20158,22232.362.00$16,456
Nov 20157,53738.792.17$16,335
Oct 20156,58143.552.43$15,969
Sep 20158,02142.992.76$22,125
Aug 20159,27540.162.87$26,642
Jul 20157,08248.152.95$20,857
Jun 20159,26456.152.88$26,707
May 201510,23555.212.96$30,249
Apr 201510,56549.822.71$28,595
Mar 201512,36142.892.93$36,276
Feb 201511,41644.662.98$33,976
Jan 201512,17343.433.10$37,744
Dec 201412,94954.693.59$46,505
Nov 201413,36870.464.25$56,839
Oct 201414,45878.303.90$56,400
Sep 201413,85186.164.05$56,033
Aug 201416,10189.394.04$64,969
Jul 201416,61996.564.18$69,461
Jun 201416,32298.164.74$77,315
May 201417,97994.734.73$84,979
Apr 201417,91595.944.81$86,155
Mar 201419,02495.895.06$96,201
Feb 201420,02897.406.19$124,013
Jan 201421,52090.404.86$104,603
Dec 201317,18391.824.35$74,823
Nov 201318,59988.853.74$69,528
Oct 201321,58197.423.78$81,562
Sep 201322,477104.113.72$83,564
Aug 201326,458104.253.52$93,201
Jul 201330,054102.523.72$111,733
Jun 201334,17394.403.93$134,416
May 201342,74594.834.15$177,352
Apr 201351,30393.964.28$219,710
Mar 201330,48793.623.91$119,292
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

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                  923 Mcf  × $  3.05 =     $2,811

────────────────────────────────────────────────────
Month total                                   $2,811

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/266011 is the state's own key, not one this site invented.