RPV HILLS B MIPA

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 292325District 09Field 65280200GasSaveExport
Value, all time
$13.4 M
Jan 2022 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
53
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
GasProduction3,415,799 Mcf$13,356,945
Total$13,356,945

Every month this lease reported (53)

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

53 months

May 202645,276106.413.05$137,903
Apr 202644,14298.932.87$126,675
Mar 202645,24989.753.15$142,509
Feb 202640,30163.503.75$151,142
Jan 202645,96059.138.00$367,584
Dec 202548,46456.664.41$213,889
Nov 202551,28558.593.93$201,367
Oct 202551,47659.383.30$170,120
Sep 202549,36662.743.08$151,895
Aug 202551,06563.933.01$153,949
Jul 202552,69966.743.32$174,708
Jun 202551,39366.483.13$160,794
May 202553,94560.553.23$174,368
Apr 202553,99562.363.54$191,311
Mar 202557,63967.704.27$246,022
Feb 202553,03570.884.34$230,216
Jan 202557,08674.324.28$244,253
Dec 202456,96368.993.12$177,803
Nov 202456,54369.052.20$124,306
Oct 202457,07471.372.28$130,209
Sep 202457,98069.612.36$137,086
Aug 202463,32975.632.06$130,688
Jul 202463,99379.932.15$137,367
Jun 202464,00578.082.63$168,588
May 202467,45978.812.20$148,305
Apr 202466,24484.451.66$109,912
Mar 202466,81980.301.55$103,244
Feb 202464,88176.091.78$115,724
Jan 202470,25173.023.30$231,664
Dec 202373,26271.262.61$191,267
Nov 202372,22377.892.81$202,770
Oct 202374,06185.443.09$228,647
Sep 202376,77989.042.74$209,994
Aug 202385,14980.522.67$227,593
Jul 202390,02474.852.64$237,825
Jun 202368,38668.962.26$154,448
May 202378,17070.622.23$174,116
Apr 202388,06678.122.24$197,071
Mar 202393,58672.852.39$223,966
Feb 202392,85875.112.47$228,958
Jan 2023110,63476.533.39$374,797
Dec 2022117,09376.415.73$670,835
Nov 2022114,53585.005.65$646,688
Oct 2022140,94887.185.86$826,485
Sep 2022156,86684.888.16$1,280,604
Aug 2022158,59494.529.13$1,447,513
Jul 2022116,648101.587.54$879,769
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

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               45,276 Mcf  × $  3.05 =   $137,903

────────────────────────────────────────────────────
Month total                                 $137,903

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/292325 is the state's own key, not one this site invented.