PEGASUS

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 268238District 09Field 65280200GasSaveExport
Value, all time
$19.8 M
Oct 2012 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
164
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
GasProduction5,694,676 Mcf$19,779,667
Total$19,779,667

Every month this lease reported (164)

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

164 months

May 202618,341106.413.05$55,864
Apr 202615,93698.932.87$45,732
Mar 202612,45889.753.15$39,236
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 20251360.553.23$42
Apr 20252,62862.363.54$9,311
Mar 202515,65667.704.27$66,825
Feb 202514,75770.884.34$64,058
Jan 202515,52974.324.28$66,444
Dec 202415,58368.993.12$48,640
Nov 202415,36869.052.20$33,786
Oct 202415,64371.372.28$35,688
Sep 202416,07269.612.36$38,000
Aug 202415,98275.632.06$32,981
Jul 202415,84579.932.15$34,013
Jun 202415,88478.082.63$41,838
May 202414,89078.812.20$32,735
Apr 202418,24784.451.66$30,275
Mar 202419,97380.301.55$30,861
Feb 202419,17676.091.78$34,203
Jan 202419,84073.023.30$65,426
Dec 202320,40071.262.61$53,259
Nov 202319,82877.892.81$55,668
Oct 202320,21185.443.09$62,397
Sep 202319,32589.042.74$52,855
Aug 202319,47280.522.67$52,046
Jul 202320,25074.852.64$53,496
Jun 202320,39068.962.26$46,050
May 202321,47970.622.23$47,842
Apr 202321,34778.122.24$47,769
Mar 202322,07672.852.39$52,831
Feb 202320,51775.112.47$50,588
Jan 202322,99476.533.39$77,897
Dec 202221,47476.415.73$123,026
Nov 202221,86085.005.65$123,426
Oct 202222,89387.185.86$134,239
Sep 202222,66184.888.16$184,997
Aug 202222,64594.529.13$206,685
Jul 202220,809101.587.54$156,943
Jun 202220,691115.097.98$165,056
May 202221,576109.378.43$181,951
Apr 202220,940104.226.84$143,179
Mar 202222,038108.885.08$111,874
Feb 202219,65091.054.86$95,476
Jan 202221,38681.844.54$97,043
Dec 202122,52471.323.90$87,824
Nov 202121,61977.435.24$113,215
Oct 202121,44379.795.71$122,523
Sep 202120,85069.865.35$111,567
Aug 202122,51166.024.22$95,010
Jul 202122,75670.783.98$90,616
Jun 202122,04069.493.38$74,509
May 202122,97963.483.02$69,343
Apr 202122,40560.362.76$61,802
Mar 202123,40761.302.72$63,595
Feb 202116,86357.805.55$93,555
Jan 202123,40050.412.81$65,760
Dec 202023,90944.642.68$63,968
Nov 202025,17538.772.71$68,138
Oct 202026,06736.972.48$64,605
Sep 202025,99337.091.99$51,753
Aug 202027,02239.982.39$64,450
Jul 202027,28538.371.83$49,798
Jun 202027,06134.901.69$45,741
May 202028,08116.921.81$50,960
Apr 202027,31414.751.80$49,285
Mar 202028,48030.341.86$52,865
Feb 202028,00249.881.98$55,463
Jan 202029,85857.252.09$62,545
Dec 201929,91359.012.30$68,930
Nov 201929,05655.302.75$79,924
Oct 201930,42753.472.42$73,589
Sep 201929,70255.052.66$78,927
Aug 201930,79553.112.30$70,963
Jul 201931,01856.272.46$76,306
Jun 201930,06452.782.49$74,895
May 201931,22358.482.74$85,561
Apr 201930,30762.632.75$83,365
Mar 201931,44456.803.06$96,285
Feb 201928,24750.852.79$78,872
Jan 201931,83846.033.23$102,779
Dec 201832,33646.594.19$135,340
Nov 201831,59152.934.24$133,859
Oct 201832,78061.443.40$111,389
Sep 201832,11359.543.11$99,807
Aug 201833,07759.403.07$101,433
Jul 201834,28365.142.93$100,514
Jun 201832,41660.183.08$99,741
May 201834,38965.382.90$99,756
Apr 201833,58963.842.90$97,435
Mar 201834,82061.222.79$97,038
Feb 201831,26161.782.77$86,472
Jan 201835,43862.874.01$142,082
Dec 201735,27057.272.92$103,042
Nov 201737,36855.423.12$116,527
Oct 201728,86649.292.98$86,127
Sep 201734,72647.523.09$107,209
Aug 201736,38545.373.00$109,315
Jul 201735,99943.873.09$111,139
Jun 201735,45642.493.09$109,463
May 201737,57745.373.26$122,629
Apr 201737,40847.933.21$120,140
Mar 201739,32046.772.98$117,318
Feb 201735,79950.452.95$105,700
Jan 201741,45049.413.42$141,709
Dec 201641,64348.763.72$155,030
Nov 201641,02142.492.64$108,474
Oct 201642,00746.193.09$129,813
Sep 201642,25341.553.10$131,011
Aug 201643,61641.442.92$127,548
Jul 201641,50641.622.92$121,378
Jun 201640,48945.352.69$108,747
May 201643,71542.521.99$87,038
Apr 201643,62436.561.99$86,857
Mar 201631,39733.011.79$56,327
Feb 201640,85526.472.06$84,310
Jan 201648,87627.352.36$115,560
Dec 201549,94132.362.00$99,952
Nov 201549,10038.792.17$106,416
Oct 201546,12443.552.43$111,924
Sep 201552,61242.992.76$145,126
Aug 201555,92040.162.87$160,630
Jul 201557,03548.152.95$167,973
Jun 201556,18156.152.88$161,962
May 201558,75955.212.96$173,659
Apr 201558,02549.822.71$157,049
Mar 201564,40942.892.93$189,022
Feb 201558,63544.662.98$174,509
Jan 201565,74443.433.10$203,848
Dec 201463,89054.693.59$229,452
Nov 201464,86770.464.25$275,804
Oct 201469,59578.303.90$271,487
Sep 201468,99786.164.05$279,123
Aug 201474,22189.394.04$299,491
Jul 201476,37096.564.18$319,196
Jun 201477,25798.164.74$365,957
May 201478,60894.734.73$371,545
Apr 201482,81495.944.81$398,262
Mar 201489,60995.895.06$453,135
Feb 201484,37697.406.19$522,456
Jan 201497,25290.404.86$472,715
Dec 2013105,21691.824.35$458,161
Nov 2013107,03888.853.74$400,138
Oct 2013119,00697.423.78$449,767
Sep 2013129,909104.113.72$482,968
Aug 2013158,589104.253.52$558,647
Jul 2013187,485102.523.72$697,020
Jun 2013196,56294.403.93$773,159
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

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               18,341 Mcf  × $  3.05 =    $55,864

────────────────────────────────────────────────────
Month total                                  $55,864

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/268238 is the state's own key, not one this site invented.