THOMASON

Operated by SOMERSET OPERATING, LLC (P-5 101481) 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 214685District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Sep 2005 – May 2026
Value, last 12 filed months
$391
at the published price for each month
Months reported
249
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition10 bbl$588
GasProduction558,718 Mcf$3,216,745
Total$3,217,333

Every month this lease reported (249)

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

249 months

May 202600106.413.05$0
Apr 20260598.932.87$14
Mar 20260589.753.15$16
Feb 202601263.503.75$45
Jan 202601559.138.00$120
Dec 20250556.664.41$22
Nov 202501258.593.93$47
Oct 202501259.383.30$40
Sep 202501062.743.08$31
Aug 202501063.933.01$30
Jul 20250566.743.32$17
Jun 20250366.483.13$9
May 20250560.553.23$16
Apr 20250562.363.54$18
Mar 20250567.704.27$21
Feb 202502170.884.34$91
Jan 202502574.324.28$107
Dec 202401568.993.12$47
Nov 20240569.052.20$11
Oct 202401071.372.28$23
Sep 202401569.612.36$35
Aug 202401275.632.06$25
Jul 20240779.932.15$15
Jun 202401078.082.63$26
May 20240578.812.20$11
Apr 20240084.451.66$0
Mar 20240580.301.55$8
Feb 20240576.091.78$9
Jan 20240573.023.30$16
Dec 20230571.262.61$13
Nov 20230577.892.81$14
Oct 20230585.443.09$15
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230575.112.47$12
Jan 20230576.533.39$17
Dec 20220576.415.73$29
Nov 20220585.005.65$28
Oct 202201587.185.86$88
Sep 20220584.888.16$41
Aug 202201094.529.13$91
Jul 202205101.587.54$38
Jun 202205115.097.98$40
May 2022010109.378.43$84
Apr 202205104.226.84$34
Mar 202205108.885.08$25
Feb 20220591.054.86$24
Jan 202201081.844.54$45
Dec 202101071.323.90$39
Nov 202101577.435.24$79
Oct 202101579.795.71$86
Sep 202101569.865.35$80
Aug 202101266.024.22$51
Jul 20210570.783.98$20
Jun 20210569.493.38$17
May 20210563.483.02$15
Apr 20210560.362.76$14
Mar 20210561.302.72$14
Feb 20210557.805.55$28
Jan 20210550.412.81$14
Dec 202001,06144.642.68$2,839
Nov 202001,38238.772.71$3,740
Oct 202001,57536.972.48$3,904
Sep 202001,72337.091.99$3,431
Aug 202001,72339.982.39$4,110
Jul 202001,76238.371.83$3,216
Jun 202001,72334.901.69$2,912
May 202001,72316.921.81$3,127
Apr 2020050914.751.80$918
Mar 202002,12430.341.86$3,943
Feb 202001,72249.881.98$3,411
Jan 202001,72257.252.09$3,607
Dec 201901,72259.012.30$3,968
Nov 201901,48355.302.75$4,079
Oct 201901,63353.472.42$3,949
Sep 201901,63355.052.66$4,339
Aug 201901,61553.112.30$3,722
Jul 201901,61556.272.46$3,973
Jun 201901,69352.782.49$4,218
May 201901,71858.482.74$4,708
Apr 201901,70162.632.75$4,679
Mar 201901,83956.803.06$5,631
Feb 201901,78750.852.79$4,990
Jan 201901,79146.033.23$5,782
Dec 201801,71946.594.19$7,195
Nov 201801,71652.934.24$7,271
Oct 201801,82561.443.40$6,202
Sep 201801,79959.543.11$5,591
Aug 201801,80359.403.07$5,529
Jul 201801,71265.142.93$5,019
Jun 201801,79660.183.08$5,526
May 201801,94365.382.90$5,636
Apr 201801,85463.842.90$5,378
Mar 201801,82661.222.79$5,089
Feb 201801,59561.782.77$4,412
Jan 201801,76062.874.01$7,056
Dec 201701,77457.272.92$5,183
Nov 201701,70955.423.12$5,329
Oct 201701,75549.292.98$5,236
Sep 201701,75447.523.09$5,415
Aug 201701,82145.373.00$5,471
Jul 201701,82843.873.09$5,644
Jun 201701,80642.493.09$5,576
May 201701,86445.373.26$6,083
Apr 201701,83147.933.21$5,880
Mar 201701,88446.772.98$5,621
Feb 201701,58750.452.95$4,686
Jan 201701,96149.413.42$6,704
Dec 201601,87048.763.72$6,962
Nov 201601,84542.492.64$4,879
Oct 201601,72346.193.09$5,325
Sep 201601,73841.553.10$5,389
Aug 201602,03741.442.92$5,957
Jul 201601,95741.622.92$5,723
Jun 201602,47345.352.69$6,642
May 201602,17642.521.99$4,333
Apr 201602,18036.561.99$4,340
Mar 201602,10533.011.79$3,776
Feb 20160026.472.06$0
Jan 201601,99827.352.36$4,724
Dec 201501,90232.362.00$3,807
Nov 201501,82338.792.17$3,951
Oct 201502,08043.552.43$5,047
Sep 201502,10442.992.76$5,804
Aug 201502,26740.162.87$6,512
Jul 201502,24048.152.95$6,597
Jun 20150056.152.88$0
May 201502,29755.212.96$6,789
Apr 201502,17749.822.71$5,892
Mar 201502,30942.892.93$6,776
Feb 201502,11744.662.98$6,301
Jan 201502,32643.433.10$7,212
Dec 201402,35754.693.59$8,465
Nov 201402,23070.464.25$9,482
Oct 201402,42478.303.90$9,456
Sep 201402,36586.164.05$9,567
Aug 201402,46189.394.04$9,930
Jul 201402,45796.564.18$10,269
Jun 201402,35998.164.74$11,174
May 201402,46594.734.73$11,651
Apr 201402,42095.944.81$11,638
Mar 201402,54995.895.06$12,890
Feb 201402,30097.406.19$14,242
Jan 201402,50490.404.86$12,171
Dec 201302,49091.824.35$10,843
Nov 201302,54988.853.74$9,529
Oct 201302,66697.423.78$10,076
Sep 201302,622104.113.72$9,748
Aug 201302,695104.253.52$9,493
Jul 201302,685102.523.72$9,982
Jun 201302,68694.403.93$10,565
May 201302,69694.834.15$11,186
Apr 201302,65293.964.28$11,357
Mar 201302,79193.623.91$10,921
Feb 201302,53291.233.42$8,659
Jan 201302,49391.603.42$8,526
Dec 201202,72086.773.42$9,303
Nov 201202,77886.953.62$10,070
Oct 201202,07389.383.40$7,048
Sep 201202,86594.672.92$8,361
Aug 201203,03692.662.91$8,829
Jul 201202,62785.133.02$7,936
Jun 20120679.822.52$15
May 20120091.612.49$0
Apr 201202,492101.652.00$4,976
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201201,35198.092.73$3,694
Dec 201101,65896.873.24$5,371
Nov 201102,00995.723.31$6,652
Oct 201102,90484.983.65$10,595
Sep 2011016083.623.99$638
Aug 201101,46583.404.15$6,079
Jul 201102,31694.144.52$10,462
Jun 201102,55792.904.64$11,864
May 201102,50598.134.40$11,034
Apr 201102,233105.964.33$9,676
Mar 201102,66096.364.06$10,793
Feb 201102,66985.644.18$11,156
Jan 201103,28286.504.59$15,060
Dec 201003,05685.734.35$13,287
Nov 201003,25380.843.80$12,346
Oct 201003,33478.103.51$11,699
Sep 201003,34072.633.98$13,291
Aug 201003,10773.684.42$13,731
Jul 201002,94472.554.74$13,944
Jun 201002,79770.364.91$13,734
May 201002,75471.124.24$11,664
Apr 201002,92781.694.12$12,067
Mar 201003,06078.394.39$13,429
Feb 201002,80473.585.44$15,260
Jan 201003,12874.365.96$18,656
Dec 200903,19471.445.48$17,515
Nov 200903,08474.593.75$11,570
Oct 200903,28672.544.11$13,506
Sep 200903,09465.543.06$9,482
Aug 200903,36267.423.22$10,821
Jul 200913,44061.133.46$11,979
Jun 200933,38066.163.90$13,364
May 200963,03154.743.93$12,227
Apr 200903,52046.773.59$12,628
Mar 200903,04042.144.06$12,339
Feb 200902,56232.814.63$11,870
Jan 200903,36235.865.37$18,057
Dec 200801,93437.105.98$11,560
Nov 200803,28155.496.86$22,509
Oct 200803,98075.246.92$27,549
Sep 2008092101.767.88$725
Aug 20080952114.228.48$8,076
Jul 200801,836131.0811.39$20,911
Jun 200801,523131.3313.03$19,849
May 200803,508123.1711.57$40,603
Apr 200803,446110.3110.45$36,027
Mar 200803,629101.909.66$35,071
Feb 200804,28292.538.77$37,556
Jan 200805,17090.388.21$42,424
Dec 200704,88888.337.30$35,692
Nov 200704,76191.677.29$34,716
Oct 200704,87682.856.92$33,752
Sep 200704,80775.846.24$30,016
Aug 200705,55269.066.39$35,466
Jul 200705,44170.906.39$34,757
Jun 200705,53962.007.55$41,811
May 200706,12258.747.85$48,035
Apr 200706,09459.617.81$47,565
Mar 200704,30456.927.30$31,428
Feb 200703,99555.108.22$32,823
Jan 200704,93250.306.73$33,177
Dec 200605,37456.656.92$37,180
Nov 200607,51154.207.62$57,215
Oct 200607,51054.906.01$45,164
Sep 200606,87860.085.04$34,646
Aug 200608,57168.717.34$62,910
Jul 200608,46169.376.34$53,666
Jun 200608,46166.286.38$54,014
May 200609,10866.016.42$58,519
Apr 200609,64664.397.36$70,999
Mar 200607,64156.707.08$54,121
Feb 200609,21257.597.75$71,403
Jan 2006012,34960.598.93$110,318
Dec 2005011,94454.9413.42$160,234
Nov 2005014,11954.6910.59$149,498
Oct 2005018,72958.3413.80$258,381
Sep 200508,48161.4512.08$102,442

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    5 Mcf  × $  2.87 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/214685 is the state's own key, not one this site invented.