CASE TRT PRICKETT

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 296151District 09Field 65280200GasSaveExport
Value, all time
$5.1 M
Nov 2023 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
31
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
GasProduction1,843,833 Mcf$5,128,047
Total$5,128,047

Every month this lease reported (31)

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

31 months

May 202634,192106.413.05$104,143
Apr 202636,35298.932.87$104,320
Mar 202636,82989.753.15$115,991
Feb 202632,91163.503.75$123,427
Jan 202635,81059.138.00$286,406
Dec 202544,49556.664.41$196,372
Nov 202542,83358.593.93$168,181
Oct 202544,22759.383.30$146,163
Sep 202545,83562.743.08$141,031
Aug 202547,48763.933.01$143,162
Jul 202552,54766.743.32$174,204
Jun 202537,48566.483.13$117,280
May 202528,61360.553.23$92,486
Apr 202551,65162.363.54$183,006
Mar 202556,73567.704.27$242,163
Feb 202553,08770.884.34$230,442
Jan 202561,65074.324.28$263,781
Dec 202470,22768.993.12$219,204
Nov 202470,00369.052.20$153,897
Oct 202474,09171.372.28$169,031
Sep 202475,91869.612.36$179,497
Aug 202483,59875.632.06$172,515
Jul 202489,82079.932.15$192,807
Jun 202494,47778.082.63$248,851
May 2024110,10078.812.20$242,048
Apr 2024118,56384.451.66$196,720
Mar 2024166,34180.301.55$257,018
Feb 2024147,95676.091.78$263,900
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$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               34,192 Mcf  × $  3.05 =   $104,143

────────────────────────────────────────────────────
Month total                                 $104,143

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/296151 is the state's own key, not one this site invented.