AIRPORT CROSSING JV

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 276974District 09Field 65280200GasSaveExport
Value, all time
$6.4 M
Oct 2014 – Nov 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
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
GasProduction2,175,957 Mcf$6,361,099
Total$6,361,099

Every month this lease reported (134)

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

134 months

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 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 20211,54570.783.98$6,152
Jun 20218,28769.493.38$28,015
May 20219,58463.483.02$28,921
Apr 202111,60260.362.76$32,003
Mar 20212,33061.302.72$6,330
Feb 20213,60257.805.55$19,984
Jan 20216,60350.412.81$18,556
Dec 20206,62144.642.68$17,714
Nov 20209,19838.772.71$24,895
Oct 202011,43236.972.48$28,333
Sep 202010,38537.091.99$20,677
Aug 202010,63039.982.39$25,354
Jul 202010,17038.371.83$18,561
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 20205,59214.751.80$10,090
Mar 202014,37830.341.86$26,689
Feb 202016,13749.881.98$31,962
Jan 202016,50957.252.09$34,582
Dec 201913,69459.012.30$31,556
Nov 201913,54655.302.75$37,261
Oct 201910,85453.472.42$26,251
Sep 201912,33555.052.66$32,778
Aug 201913,93053.112.30$32,100
Jul 201915,16256.272.46$37,299
Jun 201915,39952.782.49$38,362
May 201917,40758.482.74$47,701
Apr 201917,63362.632.75$48,503
Mar 201917,11856.803.06$52,417
Feb 201916,93050.852.79$47,272
Jan 201918,19046.033.23$58,721
Dec 201818,34246.594.19$76,769
Nov 201815,83952.934.24$67,114
Oct 201816,26061.443.40$55,253
Sep 201817,74659.543.11$55,155
Aug 201820,16759.403.07$61,843
Jul 201820,61065.142.93$60,426
Jun 201819,58560.183.08$60,261
May 201817,10065.382.90$49,604
Apr 201816,80763.842.90$48,754
Mar 201819,20561.222.79$53,521
Feb 201818,03161.782.77$49,876
Jan 201818,98562.874.01$76,117
Dec 201719,61957.272.92$57,317
Nov 201719,66455.423.12$61,319
Oct 201718,73349.292.98$55,893
Sep 201720,19547.523.09$62,348
Aug 201721,50945.373.00$64,622
Jul 201721,85543.873.09$67,473
Jun 201720,38042.493.09$62,919
May 201721,83945.373.26$71,269
Apr 201723,85847.933.21$76,622
Mar 201722,69246.772.98$67,706
Feb 201723,29150.452.95$68,769
Jan 201725,67649.413.42$87,781
Dec 201628,35748.763.72$105,568
Nov 201628,51642.492.64$75,406
Oct 201630,15946.193.09$93,199
Sep 201631,68641.553.10$98,247
Aug 201630,06641.442.92$87,923
Jul 201634,02241.622.92$99,492
Jun 201658,18845.352.69$156,283
May 201633,62142.521.99$66,941
Apr 201635,91136.561.99$71,500
Mar 201639,23533.011.79$70,388
Feb 201638,15226.472.06$78,732
Jan 201642,98727.352.36$101,637
Dec 201544,23832.362.00$88,538
Nov 201545,63738.792.17$98,910
Oct 201548,08343.552.43$116,677
Sep 201545,51742.992.76$125,555
Aug 201554,46440.162.87$156,447
Jul 201554,49248.152.95$160,483
Jun 201552,88556.152.88$152,460
May 201558,40755.212.96$172,619
Apr 201561,65849.822.71$166,882
Mar 201567,79342.892.93$198,953
Feb 201565,44844.662.98$194,786
Jan 201587,43643.433.10$271,107
Dec 2014104,13054.693.59$373,968
Nov 2014125,93470.464.25$535,451
Oct 201414,14478.303.90$55,175

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 2021 — as filed, then multipliedworked
Gas                1,545 Mcf  × $  3.98 =     $6,152

────────────────────────────────────────────────────
Month total                                   $6,152

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/276974 is the state's own key, not one this site invented.