FALCONHAWK

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 290859District 09Field 65280200GasSaveExport
Value, all time
$11.2 M
Jun 2021 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
60
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
GasProduction2,635,966 Mcf$11,160,294
Total$11,160,294

Every month this lease reported (60)

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

60 months

May 202627,350106.413.05$83,304
Apr 202627,25498.932.87$78,211
Mar 202627,53989.753.15$86,732
Feb 202626,14263.503.75$98,041
Jan 202627,72659.138.00$221,750
Dec 202529,78656.664.41$131,456
Nov 202528,71858.593.93$112,760
Oct 202530,88159.383.30$102,057
Sep 202530,45762.743.08$93,714
Aug 202531,80063.933.01$95,869
Jul 202531,69666.743.32$105,079
Jun 202530,91366.483.13$96,718
May 202532,01660.553.23$103,486
Apr 202531,37362.363.54$111,158
Mar 202532,66067.704.27$139,403
Feb 202529,59070.884.34$128,445
Jan 202533,00874.324.28$141,231
Dec 202433,84768.993.12$105,649
Nov 202434,05569.052.20$74,868
Oct 202436,51871.372.28$83,312
Sep 202436,02169.612.36$85,167
Aug 202437,59375.632.06$77,578
Jul 202438,17479.932.15$81,944
Jun 202437,90178.082.63$99,830
May 202439,89878.812.20$87,713
Apr 202437,37484.451.66$62,011
Mar 202436,82480.301.55$56,898
Feb 202437,66576.091.78$67,181
Jan 202443,34373.023.30$142,930
Dec 202344,41071.262.61$115,942
Nov 202344,29977.892.81$124,372
Oct 202346,79285.443.09$144,460
Sep 202346,95889.042.74$128,432
Aug 202348,99680.522.67$130,960
Jul 202343,74774.852.64$115,571
Jun 202339,02868.962.26$88,144
May 202351,57470.622.23$114,876
Apr 202352,30278.122.24$117,039
Mar 202353,51872.852.39$128,077
Feb 202351,93975.112.47$128,065
Jan 202360,75076.533.39$205,804
Dec 202263,95576.415.73$366,403
Nov 202252,97685.005.65$299,113
Oct 202265,44987.185.86$383,777
Sep 202266,20984.888.16$540,509
Aug 202263,48894.529.13$579,465
Jul 202269,730101.587.54$525,909
Jun 202264,110115.097.98$511,418
May 202255,333109.378.43$466,625
Apr 202266,712104.226.84$456,150
Mar 202275,242108.885.08$381,958
Feb 202284,66791.054.86$411,383
Jan 202293,38781.844.54$423,760
Dec 202199,22871.323.90$386,902
Nov 2021121,74977.435.24$637,581
Oct 202151,29679.795.71$293,099
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$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               27,350 Mcf  × $  3.05 =    $83,304

────────────────────────────────────────────────────
Month total                                  $83,304

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/290859 is the state's own key, not one this site invented.