COLE

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 234639District 09Field 65280200GasSaveExport
Value, all time
$7.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$163 k
at the published price for each month
Months reported
226
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
GasProduction1,654,906 Mcf$7,376,553
Total$7,376,553

Every month this lease reported (226)

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

226 months

May 20263,204106.413.05$9,759
Apr 20263,26698.932.87$9,373
Mar 20263,66289.753.15$11,533
Feb 20263,46863.503.75$13,006
Jan 20263,34259.138.00$26,729
Dec 20253,94556.664.41$17,411
Nov 20253,61458.593.93$14,190
Oct 20253,86959.383.30$12,786
Sep 20253,72062.743.08$11,446
Aug 20253,91063.933.01$11,788
Jul 20253,92666.743.32$13,015
Jun 20253,78066.483.13$11,827
May 20253,85760.553.23$12,467
Apr 20253,27062.363.54$11,586
Mar 20253,14667.704.27$13,428
Feb 20252,93970.884.34$12,758
Jan 20252,80874.324.28$12,015
Dec 20243,03868.993.12$9,483
Nov 20243,28869.052.20$7,228
Oct 20243,58471.372.28$8,177
Sep 20243,78369.612.36$8,944
Aug 20243,34575.632.06$6,903
Jul 20243,94779.932.15$8,473
Jun 20244,28978.082.63$11,297
May 20244,37378.812.20$9,614
Apr 20244,31984.451.66$7,166
Mar 20244,68580.301.55$7,239
Feb 20244,09376.091.78$7,300
Jan 20244,19073.023.30$13,817
Dec 20234,39671.262.61$11,477
Nov 20234,30477.892.81$12,084
Oct 20234,71485.443.09$14,553
Sep 20234,90089.042.74$13,402
Aug 20235,02080.522.67$13,418
Jul 20234,45574.852.64$11,769
Jun 20234,16068.962.26$9,395
May 20234,59270.622.23$10,228
Apr 20234,98878.122.24$11,162
Mar 20234,61172.852.39$11,035
Feb 20233,76375.112.47$9,278
Jan 20233,97176.533.39$13,453
Dec 20223,73176.415.73$21,375
Nov 20223,41985.005.65$19,304
Oct 20223,86287.185.86$22,646
Sep 20223,72284.888.16$30,385
Aug 20223,36394.529.13$30,695
Jul 20223,791101.587.54$28,592
Jun 20223,483115.097.98$27,785
May 20224,133109.378.43$34,854
Apr 20224,173104.226.84$28,533
Mar 20224,183108.885.08$21,235
Feb 20223,86191.054.86$18,760
Jan 20223,98781.844.54$18,092
Dec 20213,47971.323.90$13,565
Nov 20211,65877.435.24$8,683
Oct 20213,16279.795.71$18,067
Sep 20213,39769.865.35$18,177
Aug 20213,05466.024.22$12,890
Jul 20213,37870.783.98$13,451
Jun 20214,39769.493.38$14,865
May 20214,70163.483.02$14,186
Apr 20214,73760.362.76$13,067
Mar 20215,12461.302.72$13,922
Feb 20214,30957.805.55$23,906
Jan 20215,10950.412.81$14,358
Dec 20205,14344.642.68$13,760
Nov 20204,97638.772.71$13,468
Oct 20205,09236.972.48$12,620
Sep 20204,32937.091.99$8,619
Aug 20203,56839.982.39$8,510
Jul 20203,60838.371.83$6,585
Jun 20205,93634.901.69$10,034
May 20207,72116.921.81$14,012
Apr 20207,48414.751.80$13,504
Mar 20207,73030.341.86$14,349
Feb 20207,60049.881.98$15,053
Jan 20207,81957.252.09$16,379
Dec 20198,12259.012.30$18,716
Nov 20197,84355.302.75$21,574
Oct 20198,34753.472.42$20,188
Sep 20197,98255.052.66$21,210
Aug 20198,67153.112.30$19,981
Jul 20197,83156.272.46$19,265
Jun 20197,59752.782.49$18,926
May 20197,79858.482.74$21,369
Apr 20197,44362.632.75$20,473
Mar 20198,05256.803.06$24,656
Feb 20197,38050.852.79$20,607
Jan 20197,50846.033.23$24,237
Dec 20187,84846.594.19$32,847
Nov 20188,01852.934.24$33,974
Oct 20187,91661.443.40$26,899
Sep 20186,79859.543.11$21,128
Aug 20186,49559.403.07$19,917
Jul 20186,62965.142.93$19,435
Jun 20187,14360.183.08$21,978
May 20186,48865.382.90$18,820
Apr 20186,41663.842.90$18,612
Mar 20187,21561.222.79$20,107
Feb 20186,68161.782.77$18,480
Jan 20186,94462.874.01$27,841
Dec 20176,45357.272.92$18,853
Nov 20176,39455.423.12$19,939
Oct 20176,40049.292.98$19,096
Sep 20176,34347.523.09$19,583
Aug 20176,58645.373.00$19,787
Jul 20176,60743.873.09$20,398
Jun 20176,63342.493.09$20,478
May 20176,80945.373.26$22,220
Apr 20176,79647.933.21$21,826
Mar 20177,70846.772.98$22,998
Feb 20177,39350.452.95$21,829
Jan 20178,99249.413.42$30,742
Dec 20169,13248.763.72$33,997
Nov 20168,22442.492.64$21,747
Oct 20168,63946.193.09$26,697
Sep 20168,65941.553.10$26,848
Aug 20167,72941.442.92$22,602
Jul 20168,32441.622.92$24,342
Jun 20169,07545.352.69$24,374
May 20169,24242.521.99$18,401
Apr 20167,95936.561.99$15,847
Mar 20167,79533.011.79$13,984
Feb 20167,06726.472.06$14,584
Jan 20168,48727.352.36$20,066
Dec 201510,04632.362.00$20,106
Nov 20159,07038.792.17$19,658
Oct 20159,02643.552.43$21,902
Sep 20157,74842.992.76$21,372
Aug 20157,94540.162.87$22,822
Jul 20158,52048.152.95$25,092
Jun 20156,72356.152.88$19,381
May 20156,91055.212.96$20,422
Apr 20157,60449.822.71$20,581
Mar 20158,17442.892.93$23,988
Feb 20156,68944.662.98$19,908
Jan 20156,99243.433.10$21,680
Dec 20145,80754.693.59$20,855
Nov 20144,91370.464.25$20,889
Oct 20145,20478.303.90$20,301
Sep 20145,14486.164.05$20,810
Aug 20146,15989.394.04$24,852
Jul 20145,57696.564.18$23,305
Jun 20144,99498.164.74$23,656
May 20145,06794.734.73$23,949
Apr 20145,09595.944.81$24,502
Mar 20145,42095.895.06$27,408
Feb 20146,05197.406.19$37,468
Jan 20147,26390.404.86$35,303
Dec 20137,06991.824.35$30,782
Nov 20137,19488.853.74$26,893
Oct 20135,10497.423.78$19,290
Sep 20134,950104.113.72$18,403
Aug 20136,268104.253.52$22,080
Jul 20137,062102.523.72$26,255
Jun 20136,06594.403.93$23,856
May 20138,93994.834.15$37,089
Apr 20138,05693.964.28$34,501
Mar 20136,34493.623.91$24,823
Feb 20136,31591.233.42$21,597
Jan 20136,80991.603.42$23,286
Dec 20126,76986.773.42$23,151
Nov 20126,46586.953.62$23,435
Oct 20127,70289.383.40$26,184
Sep 20127,91594.672.92$23,099
Aug 20128,42092.662.91$24,487
Jul 20128,50085.133.02$25,677
Jun 20128,38779.822.52$21,127
May 20128,36991.612.49$20,825
Apr 20128,228101.652.00$16,430
Mar 20128,152105.052.22$18,114
Feb 20127,559101.102.57$19,428
Jan 20128,54098.092.73$23,349
Dec 20116,43896.873.24$20,857
Nov 20117,84995.723.31$25,990
Oct 20118,61484.983.65$31,429
Sep 20119,32183.623.99$37,152
Aug 20119,88183.404.15$40,999
Jul 20119,05594.144.52$40,904
Jun 201112,55592.904.64$58,254
May 201113,52598.134.40$59,575
Apr 20114,887105.964.33$21,177
Mar 20116,42496.364.06$26,064
Feb 20111,74485.644.18$7,290
Jan 20118,50286.504.59$39,014
Dec 20108,41285.734.35$36,573
Nov 20107,30380.843.80$27,717
Oct 201024978.103.51$874
Sep 20101,86572.633.98$7,422
Aug 20107,06173.684.42$31,205
Jul 20107,92272.554.74$37,522
Jun 20107,88170.364.91$38,699
May 201012,90671.124.24$54,660
Apr 20107,72081.694.12$31,827
Mar 20106,73478.394.39$29,553
Feb 20106,05473.585.44$32,948
Jan 20103,15974.365.96$18,841
Dec 20095,17071.445.48$28,351
Nov 20097,27974.593.75$27,307
Oct 20096,76372.544.11$27,798
Sep 200910,33465.543.06$31,671
Aug 20097,91867.423.22$25,484
Jul 20092,68361.133.46$9,295
Jun 20092,09666.163.90$8,164
May 20097,47054.743.93$29,325
Apr 20095,56046.773.59$19,947
Mar 20096,37842.144.06$25,888
Feb 200910,89032.814.63$50,453
Jan 200915,62935.865.37$83,943
Dec 200817,26737.105.98$103,207
Nov 20088,40755.496.86$57,675
Oct 200814,53475.246.92$100,604
Sep 200811,323101.767.88$89,192
Aug 20086,641114.228.48$56,336
Jul 200817,763131.0811.39$202,310
Jun 200817,198131.3313.03$224,135
May 200816,360123.1711.57$189,355
Apr 200813,029110.3110.45$136,216
Mar 200820,953101.909.66$202,491
Feb 200822,36792.538.77$196,172
Jan 200826,00290.388.21$213,365
Dec 200730,67688.337.30$223,995
Nov 200733,78191.677.29$246,321
Oct 200743,07982.856.92$298,192
Sep 200743,27475.846.24$270,210
Aug 200724,33669.066.39$155,457

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                3,204 Mcf  × $  3.05 =     $9,759

────────────────────────────────────────────────────
Month total                                   $9,759

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/234639 is the state's own key, not one this site invented.