LABC NORTH (SA)

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 276177District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Oct 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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
GasProduction3,265,366 Mcf$9,989,391
Total$9,989,391

Every month this lease reported (140)

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

140 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
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 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202310,71174.852.64$28,296
Jun 202318,61168.962.26$42,033
May 202319,69870.622.23$43,875
Apr 202317,16978.122.24$38,420
Mar 202317,51772.852.39$41,921
Feb 202318,36175.112.47$45,272
Jan 202317,00876.533.39$57,618
Dec 202213,57376.415.73$77,761
Nov 202213,53285.005.65$76,404
Oct 202213,09587.185.86$76,786
Sep 202213,18584.888.16$107,638
Aug 202214,89794.529.13$135,967
Jul 202216,545101.587.54$124,784
Jun 202218,779115.097.98$149,804
May 202216,027109.378.43$135,156
Apr 202215,648104.226.84$106,995
Mar 202217,484108.885.08$88,756
Feb 202219,98191.054.86$97,084
Jan 202221,52681.844.54$97,678
Dec 202124,96771.323.90$97,349
Nov 202126,33277.435.24$137,897
Oct 202127,53879.795.71$157,349
Sep 202127,01669.865.35$144,560
Aug 202127,39166.024.22$115,606
Jul 202127,23870.783.98$108,464
Jun 202125,21369.493.38$85,236
May 202127,56263.483.02$83,173
Apr 202127,45660.362.76$75,735
Mar 202130,08861.302.72$81,747
Feb 202125,92957.805.55$143,853
Jan 202132,33750.412.81$90,876
Dec 202029,15544.642.68$78,003
Nov 202025,53038.772.71$69,099
Oct 202023,16436.972.48$57,410
Sep 202022,21737.091.99$44,235
Aug 202028,73639.982.39$68,538
Jul 202029,87638.371.83$54,527
Jun 202029,12334.901.69$49,227
May 202030,25016.921.81$54,896
Apr 202028,87514.751.80$52,101
Mar 202031,10630.341.86$57,740
Feb 202030,66449.881.98$60,735
Jan 202032,77057.252.09$68,645
Dec 201932,64559.012.30$75,226
Nov 201933,33255.302.75$91,686
Oct 201933,46153.472.42$80,927
Sep 201933,61555.052.66$89,324
Aug 201935,31753.112.30$81,383
Jul 201937,44356.272.46$92,112
Jun 201932,25052.782.49$80,341
May 201930,05958.482.74$82,371
Apr 201934,19362.632.75$94,055
Mar 201938,28656.803.06$117,236
Feb 201934,05450.852.79$95,086
Jan 201938,49846.033.23$124,278
Dec 201839,44846.594.19$165,107
Nov 201839,40652.934.24$166,973
Oct 201840,29961.443.40$136,939
Sep 201841,63259.543.11$129,392
Aug 201842,03659.403.07$128,906
Jul 20186,46265.142.93$18,946
Jun 2018360.183.08$9
May 20182465.382.90$70
Apr 20186063.842.90$174
Mar 201818,17161.222.79$50,640
Feb 201834,14461.782.77$94,446
Jan 201837,66262.874.01$150,999
Dec 201737,27957.272.92$108,911
Nov 201738,25055.423.12$119,277
Oct 201744,97249.292.98$134,182
Sep 201744,06247.523.09$136,032
Aug 201745,22845.373.00$135,883
Jul 201746,66943.873.09$144,080
Jun 201747,08842.493.09$145,374
May 201747,55045.373.26$155,175
Apr 201751,06647.933.21$164,004
Mar 201754,07246.772.98$161,334
Feb 201749,88050.452.95$147,276
Jan 201755,97749.413.42$191,374
Dec 201656,41648.763.72$210,027
Nov 201655,35742.492.64$146,383
Oct 201661,12346.193.09$188,886
Sep 201668,44941.553.10$212,235
Aug 201668,56041.442.92$200,493
Jul 201670,14041.622.92$205,113
Jun 201670,00945.352.69$188,032
May 201677,58242.521.99$154,469
Apr 201679,53536.561.99$158,357
Mar 201687,60633.011.79$157,166
Feb 201689,66926.472.06$185,044
Jan 2016107,98527.352.36$255,315
Dec 2015114,43232.362.00$229,025
Nov 20153038.792.17$65
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$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.

Jul 2023 — as filed, then multipliedworked
Gas               10,711 Mcf  × $  2.64 =    $28,296

────────────────────────────────────────────────────
Month total                                  $28,296

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/276177 is the state's own key, not one this site invented.