LAKE WORTH A 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 274003District 09Field 65280200GasSaveExport
Value, all time
$10.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$389 k
at the published price for each month
Months reported
143
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
GasProduction3,447,080 Mcf$10,704,057
Total$10,704,057

Every month this lease reported (143)

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

143 months

May 202610,112106.413.05$30,800
Apr 202611,84698.932.87$33,995
Mar 202610,48689.753.15$33,025
Feb 20263,60463.503.75$13,516
Jan 20263,83559.138.00$30,672
Dec 20253,41356.664.41$15,063
Nov 20251,67958.593.93$6,592
Oct 202513,08659.383.30$43,247
Sep 202511,38162.743.08$35,018
Aug 202510,57263.933.01$31,872
Jul 202517,50566.743.32$58,033
Jun 202518,40266.483.13$57,575
May 202516,22260.553.23$52,435
Apr 202515,91262.363.54$56,378
Mar 202514,14667.704.27$60,380
Feb 20258,74570.884.34$37,961
Jan 20252,58074.324.28$11,039
Dec 20245,61868.993.12$17,536
Nov 20249,18269.052.20$20,186
Oct 202410,82371.372.28$24,692
Sep 202411,57869.612.36$27,375
Aug 202410,28575.632.06$21,224
Jul 202413,80879.932.15$29,640
Jun 202413,42778.082.63$35,366
May 202414,03578.812.20$30,855
Apr 202413,79184.451.66$22,882
Mar 202423,33080.301.55$36,048
Feb 202413,57076.091.78$24,204
Jan 202411,93073.023.30$39,341
Dec 20237,15471.262.61$18,677
Nov 202312,46377.892.81$34,991
Oct 202317,09285.443.09$52,768
Sep 20239,43989.042.74$25,816
Aug 20231,30080.522.67$3,475
Jul 202313,88974.852.64$36,692
Jun 202319,59268.962.26$44,248
May 202319,19170.622.23$42,746
Apr 202318,26378.122.24$40,868
Mar 202318,54472.852.39$44,379
Feb 20236,73675.112.47$16,609
Jan 20237,45976.533.39$25,269
Dec 202215,48176.415.73$88,692
Nov 202214,86485.005.65$83,925
Oct 202215,67987.185.86$91,938
Sep 202214,99084.888.16$122,374
Aug 202214,51294.529.13$132,453
Jul 202217,143101.587.54$129,294
Jun 202214,877115.097.98$118,677
May 202218,868109.378.43$159,115
Apr 202218,210104.226.84$124,513
Mar 202220,584108.885.08$104,493
Feb 202218,80591.054.86$91,370
Jan 202222,01581.844.54$99,897
Dec 202123,57871.323.90$91,933
Nov 202123,84477.435.24$124,867
Oct 202125,89279.795.71$147,944
Sep 202120,79169.865.35$111,251
Aug 202125,03566.024.22$105,662
Jul 20213,82370.783.98$15,223
Jun 2021069.493.38$0
May 2021163.483.02$3
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20201336.972.48$32
Sep 20207337.091.99$145
Aug 20204439.982.39$105
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 20201716.921.81$31
Apr 20202514.751.80$45
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 20195,31155.052.66$14,113
Aug 201916,03953.112.30$36,960
Jul 201927,64856.272.46$68,016
Jun 201932,73352.782.49$81,544
May 201924,69458.482.74$67,669
Apr 201924,02662.632.75$66,088
Mar 20194,97856.803.06$15,243
Feb 20197,35150.852.79$20,526
Jan 20197,71046.033.23$24,889
Dec 20181,96146.594.19$8,208
Nov 20182,98152.934.24$12,631
Oct 201811,15761.443.40$37,912
Sep 20186,59459.543.11$20,494
Aug 201814,68159.403.07$45,020
Jul 201823,47665.142.93$68,829
Jun 201821,00060.183.08$64,615
May 201831,84865.382.90$92,385
Apr 201835,96863.842.90$104,336
Mar 201838,41361.222.79$107,051
Feb 201835,54561.782.77$98,322
Jan 201821,22662.874.01$85,102
Dec 2017057.272.92$0
Nov 201754055.423.12$1,684
Oct 201736,84149.292.98$109,922
Sep 201737,13547.523.09$114,646
Aug 201740,73845.373.00$122,393
Jul 201740,86343.873.09$126,156
Jun 201735,41042.493.09$109,321
May 201741,40745.373.26$135,128
Apr 201740,55947.933.21$130,259
Mar 201744,21346.772.98$131,917
Feb 201741,79550.452.95$123,404
Jan 201746,88149.413.42$160,277
Dec 201647,10048.763.72$175,345
Nov 201648,37142.492.64$127,910
Oct 201645,54146.193.09$140,734
Sep 201637,46741.553.10$116,171
Aug 201651,51341.442.92$150,642
Jul 201651,03741.622.92$149,250
Jun 201658,33545.352.69$156,678
May 201661,46242.521.99$122,373
Apr 201663,16936.561.99$125,772
Mar 201662,87133.011.79$112,791
Feb 201662,25126.472.06$128,463
Jan 201657,19127.352.36$135,220
Dec 201577,44632.362.00$155,001
Nov 201577,79038.792.17$168,597
Oct 201585,59943.552.43$207,713
Sep 201579,20142.992.76$218,470
Aug 201594,28040.162.87$270,818
Jul 2015100,28148.152.95$295,336
Jun 2015100,13356.152.88$288,669
May 2015118,28755.212.96$349,591
Apr 2015127,47349.822.71$345,015
Mar 2015136,71042.892.93$401,204
Feb 2015108,61244.662.98$323,250
Jan 20155,04943.433.10$15,655
Dec 20143154.693.59$111
Nov 201477,21170.464.25$328,289
Oct 20145,75878.303.90$22,462
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$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               10,112 Mcf  × $  3.05 =    $30,800

────────────────────────────────────────────────────
Month total                                  $30,800

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/274003 is the state's own key, not one this site invented.