CASE TRT

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 268230District 09Field 65280200GasSaveExport
Value, all time
$10.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$775 k
at the published price for each month
Months reported
166
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
GasProduction3,181,498 Mcf$10,870,342
Total$10,870,342

Every month this lease reported (166)

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

166 months

May 202614,716106.413.05$44,823
Apr 202614,92098.932.87$42,816
Mar 202615,85189.753.15$49,922
Feb 202614,38063.503.75$53,930
Jan 202615,96259.138.00$127,663
Dec 202517,49856.664.41$77,225
Nov 202517,58158.593.93$69,031
Oct 202517,24359.383.30$56,985
Sep 202518,58362.743.08$57,178
Aug 202518,60063.933.01$56,075
Jul 202521,47966.743.32$71,207
Jun 202521,79366.483.13$68,184
May 202511,45160.553.23$37,013
Apr 202520,16062.363.54$71,429
Mar 202521,21567.704.27$90,552
Feb 202519,86970.884.34$86,248
Jan 202522,49974.324.28$96,266
Dec 202424,83768.993.12$77,525
Nov 202425,03169.052.20$55,029
Oct 202426,07571.372.28$59,488
Sep 202427,12169.612.36$64,124
Aug 202430,79875.632.06$63,556
Jul 202433,21579.932.15$71,299
Jun 202435,13878.082.63$92,553
May 202441,29678.812.20$90,787
Apr 202445,08384.451.66$74,802
Mar 202454,40880.301.55$84,067
Feb 202451,17376.091.78$91,274
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 20232,86589.042.74$7,836
Aug 20235,61680.522.67$15,011
Jul 20236,20474.852.64$16,390
Jun 20236,14368.962.26$13,874
May 20236,48170.622.23$14,436
Apr 20236,56778.122.24$14,695
Mar 20235,83472.852.39$13,962
Feb 20235,64075.112.47$13,906
Jan 20236,67576.533.39$22,613
Dec 20226,00376.415.73$34,392
Nov 20225,16585.005.65$29,163
Oct 20226,37887.185.86$37,399
Sep 20227,02284.888.16$57,325
Aug 20226,90894.529.13$63,050
Jul 20228,145101.587.54$61,430
Jun 20228,070115.097.98$64,376
May 20228,463109.378.43$71,369
Apr 20227,897104.226.84$53,997
Mar 20226,654108.885.08$33,778
Feb 20225,72091.054.86$27,793
Jan 20227,70081.844.54$34,940
Dec 20218,09671.323.90$31,567
Nov 20217,69177.435.24$40,277
Oct 20217,98379.795.71$45,614
Sep 20217,65469.865.35$40,956
Aug 20217,58666.024.22$32,017
Jul 20217,33070.783.98$29,189
Jun 20218,33269.493.38$28,167
May 20218,83163.483.02$26,649
Apr 20218,78260.362.76$24,224
Mar 20219,48061.302.72$25,757
Feb 20218,04457.805.55$44,628
Jan 20219,20850.412.81$25,877
Dec 20208,61044.642.68$23,036
Nov 20207,90138.772.71$21,385
Oct 20208,82036.972.48$21,860
Sep 20208,50037.091.99$16,924
Aug 20208,75739.982.39$20,886
Jul 20209,00938.371.83$16,443
Jun 20208,65034.901.69$14,621
May 20209,72816.921.81$17,654
Apr 20209,54914.751.80$17,230
Mar 20209,96830.341.86$18,503
Feb 20209,52349.881.98$18,862
Jan 202010,11357.252.09$21,184
Dec 201910,39459.012.30$23,952
Nov 20199,96355.302.75$27,405
Oct 20199,70953.472.42$23,482
Sep 20199,68955.052.66$25,746
Aug 20199,91653.112.30$22,850
Jul 201910,85356.272.46$26,699
Jun 201910,72952.782.49$26,728
May 201911,33358.482.74$31,056
Apr 201911,04662.632.75$30,384
Mar 201911,63056.803.06$35,612
Feb 201911,08450.852.79$30,949
Jan 201912,04946.033.23$38,896
Dec 201812,42146.594.19$51,987
Nov 201812,03452.934.24$50,991
Oct 201812,71761.443.40$43,213
Sep 201810,36859.543.11$32,224
Aug 201813,21459.403.07$40,522
Jul 201812,29765.142.93$36,053
Jun 201813,03560.183.08$40,108
May 201812,70765.382.90$36,860
Apr 201811,18163.842.90$32,434
Mar 201812,16161.222.79$33,891
Feb 201811,96361.782.77$33,091
Jan 201814,41462.874.01$57,790
Dec 201714,36857.272.92$41,976
Nov 201711,50155.423.12$35,864
Oct 201712,89949.292.98$38,486
Sep 201712,00847.523.09$37,072
Aug 201713,27745.373.00$39,889
Jul 201712,92543.873.09$39,903
Jun 201712,89742.493.09$39,817
May 201715,16845.373.26$49,499
Apr 201714,75047.933.21$47,371
Mar 201715,20946.772.98$45,379
Feb 201714,62050.452.95$43,167
Jan 201716,86049.413.42$57,641
Dec 201617,54748.763.72$65,325
Nov 201618,86442.492.64$49,883
Oct 201620,29546.193.09$62,717
Sep 201617,75441.553.10$55,049
Aug 201620,65441.442.92$60,399
Jul 201621,88941.622.92$64,011
Jun 201620,96145.352.69$56,298
May 201619,97742.521.99$39,775
Apr 201618,49136.561.99$36,816
Mar 201620,76633.011.79$37,254
Feb 201620,16526.472.06$41,613
Jan 201623,59727.352.36$55,792
Dec 201523,50332.362.00$47,039
Nov 201524,53438.792.17$53,173
Oct 201524,45643.552.43$59,344
Sep 201526,27042.992.76$72,464
Aug 201526,77540.162.87$76,911
Jul 201526,96348.152.95$79,408
Jun 201526,51356.152.88$76,433
May 201529,57255.212.96$87,399
Apr 201530,08249.822.71$81,419
Mar 201533,02742.892.93$96,925
Feb 201530,68844.662.98$91,333
Jan 201533,08743.433.10$102,591
Dec 201435,06954.693.59$125,945
Nov 201435,67470.464.25$151,680
Oct 201438,71078.303.90$151,006
Sep 201438,06986.164.05$154,006
Aug 201440,81589.394.04$164,693
Jul 201442,54496.564.18$177,817
Jun 201438,88898.164.74$184,208
May 201440,07094.734.73$189,393
Apr 201449,44695.944.81$237,792
Mar 201453,90195.895.06$272,567
Feb 201452,98797.406.19$328,096
Jan 201463,65790.404.86$309,419
Dec 201368,19491.824.35$296,949
Nov 201373,82288.853.74$275,967
Oct 201387,77697.423.78$331,737
Sep 201388,904104.113.72$330,522
Aug 2013118,803104.253.52$418,497
Jul 2013152,080102.523.72$565,394
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

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               14,716 Mcf  × $  3.05 =    $44,823

────────────────────────────────────────────────────
Month total                                  $44,823

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/268230 is the state's own key, not one this site invented.