WESTERN HILLS

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 294008District 09Field 65280200GasSaveExport
Value, all time
$1.9 M
Jul 2022 – May 2026
Value, last 12 filed months
$515 k
at the published price for each month
Months reported
47
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
GasProduction622,560 Mcf$1,906,884
Total$1,906,884

Every month this lease reported (47)

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

47 months

May 202627,549106.413.05$83,910
Apr 202627,05098.932.87$77,626
Mar 202614,68689.753.15$46,253
Feb 20263,25463.503.75$12,204
Jan 202623759.138.00$1,896
Dec 202591156.664.41$4,021
Nov 2025058.593.93$0
Oct 202517,76459.383.30$58,707
Sep 202523,08962.743.08$71,043
Aug 202511,51763.933.01$34,721
Jul 202526,41666.743.32$87,574
Jun 202511,82066.483.13$36,981
May 20251,49760.553.23$4,839
Apr 202532,64662.363.54$115,669
Mar 202538,49267.704.27$164,296
Feb 202537,20870.884.34$161,514
Jan 202541,21374.324.28$176,337
Dec 202445,38268.993.12$141,654
Nov 202450,88669.052.20$111,870
Oct 202456,80771.372.28$129,599
Sep 202464,71769.612.36$153,014
Aug 202422,30075.632.06$46,019
Jul 2024079.932.15$0
Jun 202463878.082.63$1,680
May 202464278.812.20$1,411
Apr 202431684.451.66$524
Mar 202432180.301.55$496
Feb 202458276.091.78$1,038
Jan 202485873.023.30$2,829
Dec 202394971.262.61$2,478
Nov 202398077.892.81$2,751
Oct 202316,81985.443.09$51,925
Sep 202332,21589.042.74$88,109
Aug 20232,65380.522.67$7,091
Jul 202310,14674.852.64$26,804
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

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               27,549 Mcf  × $  3.05 =    $83,910

────────────────────────────────────────────────────
Month total                                  $83,910

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/294008 is the state's own key, not one this site invented.