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 268242District 09Field 65280200GasSaveExport
Value, all time
$14.8 M
Nov 2012 – May 2026
Value, last 12 filed months
$269 k
at the published price for each month
Months reported
163
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
GasProduction4,243,651 Mcf$14,751,249
Total$14,751,249

Every month this lease reported (163)

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

163 months

May 20265,243106.413.05$15,969
Apr 20265,39098.932.87$15,468
Mar 20265,82189.753.15$18,333
Feb 20265,93663.503.75$22,262
Jan 20266,58459.138.00$52,658
Dec 20257,06756.664.41$31,189
Nov 20256,78758.593.93$26,649
Oct 20255,35559.383.30$17,697
Sep 20255,10862.743.08$15,717
Aug 20255,59263.933.01$16,859
Jul 20255,83566.743.32$19,344
Jun 20255,53366.483.13$17,311
May 20255,96060.553.23$19,265
Apr 20255,85362.363.54$20,738
Mar 20256,18167.704.27$26,382
Feb 20255,68970.884.34$24,695
Jan 20257,01174.324.28$29,998
Dec 20248,13768.993.12$25,399
Nov 20247,00469.052.20$15,398
Oct 20246,92471.372.28$15,796
Sep 20246,85369.612.36$16,203
Aug 20247,67575.632.06$15,838
Jul 20247,26479.932.15$15,593
Jun 20247,83178.082.63$20,627
May 20248,46578.812.20$18,610
Apr 20248,11784.451.66$13,468
Mar 20248,82480.301.55$13,634
Feb 20248,33676.091.78$14,868
Jan 20248,44773.023.30$27,855
Dec 20238,29071.262.61$21,643
Nov 20238,28777.892.81$23,266
Oct 20238,68685.443.09$26,816
Sep 20238,38189.042.74$22,922
Aug 20236,99480.522.67$18,694
Jul 20236,51074.852.64$17,198
Jun 20237,65068.962.26$17,277
May 20238,29870.622.23$18,483
Apr 20237,80678.122.24$17,468
Mar 20238,15172.852.39$19,507
Feb 20237,43875.112.47$18,340
Jan 20238,77976.533.39$29,741
Dec 20228,42876.415.73$48,285
Nov 20228,37885.005.65$47,304
Oct 20228,92587.185.86$52,334
Sep 20228,58384.888.16$70,069
Aug 20228,12794.529.13$74,176
Jul 20228,375101.587.54$63,165
Jun 20229,040115.097.98$72,114
May 20229,272109.378.43$78,191
Apr 202210,018104.226.84$68,499
Mar 202210,321108.885.08$52,394
Feb 20229,49591.054.86$46,135
Jan 202210,67081.844.54$48,417
Dec 202110,47771.323.90$40,851
Nov 202110,38477.435.24$54,379
Oct 202110,79779.795.71$61,693
Sep 202110,35669.865.35$55,414
Aug 202110,75566.024.22$45,392
Jul 202111,10870.783.98$44,233
Jun 202110,65469.493.38$36,017
May 202111,41663.483.02$34,450
Apr 202111,25360.362.76$31,041
Mar 202112,24961.302.72$33,280
Feb 20219,09057.805.55$50,431
Jan 202112,24750.412.81$34,417
Dec 202012,07544.642.68$32,306
Nov 202012,47138.772.71$33,754
Oct 202013,29836.972.48$32,958
Sep 202013,19137.091.99$26,264
Aug 202013,80639.982.39$32,929
Jul 202013,92738.371.83$25,418
Jun 202013,03534.901.69$22,033
May 202013,41416.921.81$24,343
Apr 202013,19014.751.80$23,800
Mar 202013,77830.341.86$25,575
Feb 202013,49949.881.98$26,737
Jan 202014,53357.252.09$30,443
Dec 201914,90259.012.30$34,340
Nov 201914,68955.302.75$40,405
Oct 201915,34453.472.42$37,110
Sep 201915,13555.052.66$40,218
Aug 201915,85053.112.30$36,524
Jul 201916,32856.272.46$40,168
Jun 201915,96852.782.49$39,779
May 201916,79758.482.74$46,029
Apr 201916,62262.632.75$45,722
Mar 201917,61556.803.06$53,939
Feb 201916,26150.852.79$45,404
Jan 201918,51246.033.23$59,760
Dec 201818,96546.594.19$79,377
Nov 201814,55452.934.24$61,669
Oct 201818,25661.443.40$62,035
Sep 201819,20959.543.11$59,702
Aug 201819,64859.403.07$60,252
Jul 201820,96665.142.93$61,470
Jun 201820,76460.183.08$63,889
May 201822,29165.382.90$64,662
Apr 201822,52163.842.90$65,329
Mar 201824,21461.222.79$67,481
Feb 201823,04461.782.77$63,742
Jan 201827,08162.874.01$108,576
Dec 201730,56957.272.92$89,308
Nov 201735,80555.423.12$111,653
Oct 201712,19849.292.98$36,395
Sep 201731,38647.523.09$96,897
Aug 201733,85545.373.00$101,714
Jul 201734,25343.873.09$105,749
Jun 201733,81342.493.09$104,390
May 201735,00345.373.26$114,229
Apr 201734,52247.933.21$110,871
Mar 201736,54346.772.98$109,033
Feb 201733,43150.452.95$98,708
Jan 201736,18749.413.42$123,716
Dec 201636,73248.763.72$136,747
Nov 201635,97342.492.64$95,125
Oct 201637,88446.193.09$117,071
Sep 201637,43941.553.10$116,084
Aug 201639,35741.442.92$115,093
Jul 201640,23941.622.92$117,673
Jun 201639,74645.352.69$106,751
May 201641,19842.521.99$82,027
Apr 201641,11136.561.99$81,854
Mar 201642,83033.011.79$76,837
Feb 201641,20226.472.06$85,026
Jan 201645,00327.352.36$106,403
Dec 201546,07832.362.00$92,221
Nov 201546,44538.792.17$100,662
Oct 201549,04843.552.43$119,019
Sep 201548,36142.992.76$133,400
Aug 201550,83940.162.87$146,035
Jul 201548,20448.152.95$141,965
Jun 201548,32156.152.88$139,303
May 201549,81355.212.96$147,220
Apr 201550,30649.822.71$136,157
Mar 201553,35942.892.93$156,593
Feb 201547,72444.662.98$142,036
Jan 201555,48143.433.10$172,026
Dec 201458,81254.693.59$211,215
Nov 201457,62170.464.25$244,995
Oct 201461,04878.303.90$238,146
Sep 201460,47086.164.05$244,628
Aug 201466,56889.394.04$268,610
Jul 201468,33396.564.18$285,605
Jun 201465,77898.164.74$311,582
May 201474,29494.734.73$351,155
Apr 201474,89595.944.81$360,179
Mar 201478,42795.895.06$396,590
Feb 201473,99997.406.19$458,202
Jan 201485,97690.404.86$417,905
Dec 201390,85691.824.35$395,631
Nov 201394,21288.853.74$352,191
Oct 2013102,76497.423.78$388,382
Sep 2013107,984104.113.72$401,456
Aug 2013127,249104.253.52$448,249
Jul 2013153,033102.523.72$568,937
Jun 2013144,81194.403.93$569,601
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

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                5,243 Mcf  × $  3.05 =    $15,969

────────────────────────────────────────────────────
Month total                                  $15,969

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/268242 is the state's own key, not one this site invented.