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TRUMAN-CHELSEA MIPA 6H

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 294791District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Jan 2023 – May 2026
Value, last 12 filed months
$936 k
at the published price for each month
Months reported
41
no gaps in the span
Streams
1
gas

The NEWARK, EAST (BARNETT SHALE) field

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
GasProduction1,748,748 Mcf$4,849,694
Total$4,849,694

Every month this lease reported (41)

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

41 months

May 202641,452106.413.05$126,256
Apr 202628,34698.932.87$81,345
Mar 202614,98789.753.15$47,201
Feb 202630,63463.503.75$114,887
Jan 202641,66159.138.00$333,201
Dec 202550,03556.664.41$220,822
Nov 20253,19858.593.93$12,557
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 202515,34970.884.34$66,628
Jan 202549,90974.324.28$213,545
Dec 202450,28368.993.12$156,952
Nov 202455,21969.052.20$121,396
Oct 202464,07271.372.28$146,174
Sep 202470,83369.612.36$167,475
Aug 202483,78875.632.06$172,907
Jul 202441,21979.932.15$88,480
Jun 202463,76578.082.63$167,956
May 2024078.812.20$0
Apr 2024101,99484.451.66$169,228
Mar 2024123,07680.301.55$190,168
Feb 2024122,67076.091.78$218,799
Jan 2024127,23173.023.30$419,565
Dec 2023138,80071.262.61$362,368
Nov 2023146,51377.892.81$411,344
Oct 2023183,03185.443.09$565,068
Sep 2023100,68389.042.74$275,372
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

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               41,452 Mcf  × $  3.05 =   $126,256

────────────────────────────────────────────────────
Month total                                 $126,256

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/294791 is the state's own key, not one this site invented.