GGVZ MIPA UNIT

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 289479District 09Field 65280200GasSaveExport
Value, all time
$16.2 M
May 2020 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
73
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
GasProduction4,485,827 Mcf$16,194,187
Total$16,194,187

Every month this lease reported (73)

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

73 months

May 202632,174106.413.05$97,997
Apr 202631,46098.932.87$90,281
Mar 202633,51489.753.15$105,550
Feb 202630,48063.503.75$114,310
Jan 202628,99259.138.00$231,876
Dec 202528,79756.664.41$127,092
Nov 202528,82258.593.93$113,168
Oct 202530,33159.383.30$100,239
Sep 202529,60962.743.08$91,105
Aug 202530,77563.933.01$92,779
Jul 202530,84066.743.32$102,241
Jun 202528,67966.483.13$89,729
May 202532,32060.553.23$104,469
Apr 202532,71262.363.54$115,903
Mar 202535,76067.704.27$152,635
Feb 202531,74370.884.34$137,791
Jan 202535,54874.324.28$152,099
Dec 202436,21168.993.12$113,028
Nov 202436,52069.052.20$80,287
Oct 202438,86471.372.28$88,664
Sep 202438,16369.612.36$90,231
Aug 202439,69275.632.06$81,910
Jul 202439,84179.932.15$85,522
Jun 202440,02978.082.63$105,436
May 202440,77278.812.20$89,635
Apr 202440,14184.451.66$66,602
Mar 202443,14280.301.55$66,660
Feb 202441,30576.091.78$73,673
Jan 202444,10473.023.30$145,440
Dec 202344,77571.262.61$116,895
Nov 202343,98977.892.81$123,502
Oct 202347,38885.443.09$146,300
Sep 202347,03989.042.74$128,654
Aug 202349,31480.522.67$131,810
Jul 202349,70674.852.64$131,313
Jun 202343,23368.962.26$97,641
May 202350,40470.622.23$112,270
Apr 202350,97278.122.24$114,063
Mar 202353,50572.852.39$128,046
Feb 202349,87475.112.47$122,973
Jan 202356,09176.533.39$190,021
Dec 202257,14576.415.73$327,388
Nov 202255,70485.005.65$314,516
Oct 202258,91087.185.86$345,434
Sep 202258,02084.888.16$473,657
Aug 202261,21394.529.13$558,701
Jul 202261,973101.587.54$467,405
Jun 202262,394115.097.98$497,729
May 202266,379109.378.43$559,777
Apr 202266,753104.226.84$456,430
Mar 202270,892108.885.08$359,876
Feb 202266,94391.054.86$325,265
Jan 202275,19281.844.54$341,197
Dec 202178,58771.323.90$306,420
Nov 202177,93777.435.24$408,144
Oct 202183,49079.795.71$477,051
Sep 202181,36269.865.35$435,362
Aug 202188,56666.024.22$373,801
Jul 202187,57770.783.98$348,739
Jun 202185,86269.493.38$290,267
May 202192,63563.483.02$279,542
Apr 202191,09960.362.76$251,289
Mar 202191,30461.302.72$248,067
Feb 202180,56657.805.55$446,976
Jan 2021109,68850.412.81$308,253
Dec 2020117,60544.642.68$314,647
Nov 2020121,67338.772.71$329,316
Oct 2020133,80836.972.48$331,634
Sep 2020135,89637.091.99$270,574
Aug 2020152,95239.982.39$364,806
Jul 2020182,62938.371.83$333,320
Jun 2020199,90534.901.69$337,901
May 202033,53816.921.81$60,863

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               32,174 Mcf  × $  3.05 =    $97,997

────────────────────────────────────────────────────
Month total                                  $97,997

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/289479 is the state's own key, not one this site invented.