HOME RUN

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 271251District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.9 M
Sep 2013 – May 2026
Value, last 12 filed months
$355 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition662 bbl$47,547
GasProduction2,358,733 Mcf$7,857,009
Total$7,904,556

Every month this lease reported (153)

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

153 months

May 202608,946106.413.05$27,248
Apr 202606,77898.932.87$19,451
Mar 202607,83489.753.15$24,673
Feb 202606,86263.503.75$25,735
Jan 202607,74059.138.00$61,904
Dec 202507,17956.664.41$31,684
Nov 202507,36658.593.93$28,922
Oct 202508,83159.383.30$29,185
Sep 202508,55562.743.08$26,323
Aug 202508,62863.933.01$26,011
Jul 202508,33966.743.32$27,645
Jun 202508,26566.483.13$25,859
May 202508,45960.553.23$27,342
Apr 202508,75062.363.54$31,002
Mar 202508,64367.704.27$36,891
Feb 202507,89770.884.34$34,280
Jan 202505,59574.324.28$23,939
Dec 202405,25168.993.12$16,390
Nov 202407,58069.052.20$16,664
Oct 202408,77071.372.28$20,008
Sep 202407,57069.612.36$17,898
Aug 202406,65875.632.06$13,740
Jul 20240079.932.15$0
Jun 202404,36178.082.63$11,487
May 202408,55978.812.20$18,816
Apr 202407,57084.451.66$12,560
Mar 202406,81480.301.55$10,529
Feb 202407,35176.091.78$13,112
Jan 202407,75073.023.30$25,557
Dec 202306,78371.262.61$17,709
Nov 202307,54577.892.81$21,183
Oct 202308,54485.443.09$26,378
Sep 202307,91889.042.74$21,656
Aug 202307,50980.522.67$20,071
Jul 202307,78274.852.64$20,558
Jun 202309,41968.962.26$21,273
May 2023010,13370.622.23$22,570
Apr 2023010,73678.122.24$24,025
Mar 2023010,96272.852.39$26,234
Feb 202309,05375.112.47$22,322
Jan 2023010,10076.533.39$34,216
Dec 2022010,59676.415.73$60,705
Nov 2022010,13685.005.65$57,230
Oct 2022011,56187.185.86$67,791
Sep 2022011,91684.888.16$97,278
Aug 2022012,50994.529.13$114,172
Jul 2022013,029101.587.54$98,266
Jun 2022011,265115.097.98$89,863
May 202208,132109.378.43$68,577
Apr 202207,727104.226.84$52,834
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202166,44369.865.35$34,895
Aug 2021010,86066.024.22$45,836
Jul 2021011,37270.783.98$45,284
Jun 2021011,46169.493.38$38,745
May 2021010,81263.483.02$32,627
Apr 2021010,90660.362.76$30,083
Mar 2021010,74061.302.72$29,180
Feb 2021010,55157.805.55$58,536
Jan 2021010,69050.412.81$30,042
Dec 2020010,87044.642.68$29,082
Nov 2020010,69738.772.71$28,952
Oct 2020012,14436.972.48$30,098
Sep 2020012,18737.091.99$24,265
Aug 2020012,26739.982.39$29,258
Jul 2020012,56838.371.83$22,938
Jun 2020012,22234.901.69$20,659
May 2020011,97416.921.81$21,730
Apr 2020013,07414.751.80$23,590
Mar 2020014,74930.341.86$27,378
Feb 2020012,55949.881.98$24,875
Jan 2020011,60957.252.09$24,318
Dec 2019012,88759.012.30$29,696
Nov 2019014,58855.302.75$40,127
Oct 2019015,12853.472.42$36,588
Sep 2019015,31755.052.66$40,702
Aug 2019014,22653.112.30$32,782
Jul 2019013,94856.272.46$34,313
Jun 2019014,33752.782.49$35,716
May 2019015,56558.482.74$42,653
Apr 2019014,72062.632.75$40,490
Mar 2019016,25256.803.06$49,765
Feb 2019015,00250.852.79$41,889
Jan 2019016,70446.033.23$53,924
Dec 2018017,02846.594.19$71,270
Nov 2018016,27352.934.24$68,953
Oct 20182415,25261.443.40$53,302
Sep 2018014,97059.543.11$46,527
Aug 2018015,89759.403.07$48,749
Jul 2018016,50865.142.93$48,399
Jun 2018016,64160.183.08$51,203
May 2018015,47565.382.90$44,890
Apr 2018018,50563.842.90$53,679
Mar 2018022,03761.222.79$61,414
Feb 201802,06461.782.77$5,709
Jan 201804,59462.874.01$18,419
Dec 201706,84757.272.92$20,004
Nov 2017011,87055.423.12$37,015
Oct 201708,12249.292.98$24,233
Sep 201707,34047.523.09$22,661
Aug 201716,10745.373.00$18,393
Jul 201709,88543.873.09$30,518
Jun 2017017,16042.493.09$52,978
May 2017019,44245.373.26$63,447
Apr 2017016,47547.933.21$52,911
Mar 2017016,14846.772.98$48,180
Feb 2017014,05350.452.95$41,493
Jan 2017016,90449.413.42$57,791
Dec 2016014,08348.763.72$52,429
Nov 2016012,08542.492.64$31,957
Oct 2016016,88746.193.09$52,185
Sep 2016018,56941.553.10$57,576
Aug 2016024,56241.442.92$71,828
Jul 2016021,82141.622.92$63,812
Jun 2016017,66745.352.69$47,451
May 2016021,24142.521.99$42,292
Apr 2016024,26136.561.99$48,305
Mar 20163326,88933.011.79$49,328
Feb 2016027,56026.472.06$56,874
Jan 2016030,42427.352.36$71,933
Dec 2015032,28032.362.00$64,606
Nov 20153331,99138.792.17$70,615
Oct 2015036,32443.552.43$88,143
Sep 20153335,98242.992.76$100,672
Aug 2015039,71240.162.87$114,072
Jul 20156843,65648.152.95$131,845
Jun 20154447,02956.152.88$138,049
May 2015052,15555.212.96$154,141
Apr 20152164,76249.822.71$176,329
Mar 2015021,12642.892.93$61,999
Feb 20150044.662.98$0
Jan 201513043.433.10$565
Dec 20140054.693.59$0
Nov 201404,94870.464.25$21,038
Oct 20149676,47978.303.90$305,858
Sep 201411184,44286.164.05$351,169
Aug 20140101,90489.394.04$411,195
Jul 2014117119,25296.564.18$509,723
Jun 201462114,43398.164.74$548,141
May 201405,57594.734.73$26,351
Apr 2014029,35295.944.81$141,157
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$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
Condensate             0 bbl  × $106.41 =         $0
Gas                8,946 Mcf  × $  3.05 =    $27,248

────────────────────────────────────────────────────
Month total                                  $27,248

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/271251 is the state's own key, not one this site invented.