HIGH POINT AGAPE C

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 297125District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
May 2024 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
25
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
GasProduction1,779,000 Mcf$6,118,143
Total$6,118,143

Every month this lease reported (25)

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

25 months

May 202656,124106.413.05$170,945
Apr 202655,96998.932.87$160,615
Mar 202659,53489.753.15$187,499
Feb 202655,49763.503.75$208,132
Jan 202659,13559.138.00$472,957
Dec 202564,59256.664.41$285,068
Nov 202564,08158.593.93$251,610
Oct 202568,24859.383.30$225,549
Sep 202568,65962.743.08$211,258
Aug 202575,23163.933.01$226,803
Jul 202579,31566.743.32$262,945
Jun 202576,65366.483.13$239,826
May 202583,28660.553.23$269,207
Apr 202586,17662.363.54$305,332
Mar 202599,11867.704.27$423,067
Feb 202599,73370.884.34$432,925
Jan 2025122,58774.324.28$524,511
Dec 2024143,01768.993.12$446,409
Nov 2024171,04969.052.20$376,041
Oct 2024170,42371.372.28$388,803
Sep 202420,57369.612.36$48,642
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$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               56,124 Mcf  × $  3.05 =   $170,945

────────────────────────────────────────────────────
Month total                                 $170,945

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/297125 is the state's own key, not one this site invented.