WHITE APB 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 296922District 09Field 65280200GasSaveExport
Value, all time
$7.3 M
Feb 2024 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
28
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
GasProduction2,222,611 Mcf$7,284,855
Total$7,284,855

Every month this lease reported (28)

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

28 months

May 202660,868106.413.05$185,394
Apr 202661,10698.932.87$175,357
Mar 202666,46289.753.15$209,318
Feb 202661,36863.503.75$230,150
Jan 202668,87259.138.00$550,833
Dec 202574,16656.664.41$327,321
Nov 202572,32958.593.93$283,995
Oct 202579,43559.383.30$262,520
Sep 202579,33862.743.08$244,117
Aug 202584,98863.933.01$256,218
Jul 202588,07766.743.32$291,993
Jun 202588,30166.483.13$276,269
May 202595,82360.553.23$309,731
Apr 202598,22962.363.54$348,037
Mar 202594,38667.704.27$402,870
Feb 2025102,77070.884.34$446,108
Jan 2025126,58674.324.28$541,621
Dec 2024142,18468.993.12$443,809
Nov 2024160,64069.052.20$353,157
Oct 2024124,74571.372.28$284,593
Sep 2024163,13869.612.36$385,717
Aug 2024185,79475.632.06$383,410
Jul 202443,00679.932.15$92,316
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$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               60,868 Mcf  × $  3.05 =   $185,394

────────────────────────────────────────────────────
Month total                                 $185,394

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/296922 is the state's own key, not one this site invented.