SMITH, LOWELL JR.

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 238706District 09Field 65280200GasSaveExport
Value, all time
$7.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
223
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
GasProduction1,621,963 Mcf$7,765,086
Total$7,765,086

Every month this lease reported (223)

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

223 months

May 20264,380106.413.05$13,341
Apr 20263,56398.932.87$10,225
Mar 20264,21289.753.15$13,265
Feb 20263,88463.503.75$14,566
Jan 20264,34659.138.00$34,759
Dec 20254,47556.664.41$19,750
Nov 20253,45958.593.93$13,582
Oct 20254,40459.383.30$14,555
Sep 20254,26762.743.08$13,129
Aug 20254,45763.933.01$13,437
Jul 20254,40366.743.32$14,597
Jun 20254,09466.483.13$12,809
May 20254,30760.553.23$13,922
Apr 20254,36562.363.54$15,466
Mar 20254,37867.704.27$18,687
Feb 20254,14770.884.34$18,001
Jan 20254,41974.324.28$18,907
Dec 20244,38868.993.12$13,697
Nov 20244,43669.052.20$9,752
Oct 20244,47871.372.28$10,216
Sep 20244,46569.612.36$10,557
Aug 20244,53575.632.06$9,359
Jul 20244,42579.932.15$9,499
Jun 20244,58978.082.63$12,087
May 20244,77578.812.20$10,498
Apr 20244,60084.451.66$7,632
Mar 20244,67980.301.55$7,230
Feb 20244,51776.091.78$8,057
Jan 20244,80173.023.30$15,832
Dec 20234,79171.262.61$12,508
Nov 20234,66777.892.81$13,103
Oct 20234,80985.443.09$14,847
Sep 20234,67089.042.74$12,773
Aug 20234,84580.522.67$12,950
Jul 20234,83274.852.64$12,765
Jun 20234,75568.962.26$10,739
May 20234,95070.622.23$11,026
Apr 20234,89578.122.24$10,954
Mar 20234,94572.852.39$11,834
Feb 20234,22175.112.47$10,408
Jan 20234,34776.533.39$14,726
Dec 20224,66676.415.73$26,732
Nov 20224,51285.005.65$25,476
Oct 20224,91787.185.86$28,832
Sep 20224,78384.888.16$39,047
Aug 20225,02794.529.13$45,882
Jul 20225,068101.587.54$38,223
Jun 20224,784115.097.98$38,163
May 20225,093109.378.43$42,949
Apr 20224,690104.226.84$32,068
Mar 20225,829108.885.08$29,590
Feb 20225,11891.054.86$24,868
Jan 20225,75481.844.54$26,110
Dec 20216,09071.323.90$23,746
Nov 20216,18777.435.24$32,400
Oct 20216,36879.795.71$36,386
Sep 20216,40369.865.35$34,262
Aug 20216,33966.024.22$26,754
Jul 20216,52370.783.98$25,975
Jun 20216,71469.493.38$22,697
May 20217,09363.483.02$21,404
Apr 20217,28060.362.76$20,081
Mar 20217,75661.302.72$21,073
Feb 20216,44457.805.55$35,751
Jan 20217,80150.412.81$21,923
Dec 20208,26144.642.68$22,102
Nov 20208,34038.772.71$22,573
Oct 20209,15936.972.48$22,700
Sep 20209,55937.091.99$19,032
Aug 202010,15439.982.39$24,218
Jul 202014,31438.371.83$26,125
Jun 20204834.901.69$81
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 20201449.881.98$28
Jan 20201,29457.252.09$2,711
Dec 20194,64259.012.30$10,697
Nov 20194,30155.302.75$11,831
Oct 20194,38753.472.42$10,610
Sep 20194,43055.052.66$11,772
Aug 20194,57553.112.30$10,542
Jul 20194,59456.272.46$11,302
Jun 20194,46552.782.49$11,123
May 20194,47558.482.74$12,263
Apr 20194,44462.632.75$12,224
Mar 20194,52156.803.06$13,844
Feb 20194,17050.852.79$11,644
Jan 20194,48346.033.23$14,472
Dec 20184,59446.594.19$19,228
Nov 20184,46252.934.24$18,907
Oct 20184,61961.443.40$15,696
Sep 20184,47059.543.11$13,893
Aug 20184,60959.403.07$14,134
Jul 20184,58965.142.93$13,454
Jun 20184,45360.183.08$13,702
May 20184,59765.382.90$13,335
Apr 20184,48363.842.90$13,004
Mar 20183,98061.222.79$11,092
Feb 20184,74261.782.77$13,117
Jan 20184,91962.874.01$19,722
Dec 20175,39457.272.92$15,759
Nov 20175,28555.423.12$16,481
Oct 20175,51449.292.98$16,452
Sep 20175,39047.523.09$16,640
Aug 20175,66045.373.00$17,005
Jul 20175,65643.873.09$17,462
Jun 20175,49142.493.09$16,952
May 20175,69145.373.26$18,572
Apr 20175,68247.933.21$18,248
Mar 20175,92146.772.98$17,666
Feb 20175,37250.452.95$15,861
Jan 20176,02549.413.42$20,598
Dec 20166,17948.763.72$23,003
Nov 20166,12642.492.64$16,199
Oct 20166,31946.193.09$19,527
Sep 20166,29241.553.10$19,509
Aug 20166,66241.442.92$19,482
Jul 20166,56041.622.92$19,184
Jun 20166,38245.352.69$17,141
May 20166,72842.521.99$13,396
Apr 20166,45836.561.99$12,858
Mar 20166,80233.011.79$12,203
Feb 20166,47126.472.06$13,354
Jan 20167,00327.352.36$16,558
Dec 20157,03232.362.00$14,074
Nov 20156,94138.792.17$15,043
Oct 20157,50343.552.43$18,207
Sep 20156,71942.992.76$18,534
Aug 20157,02240.162.87$20,171
Jul 20157,08648.152.95$20,869
Jun 20157,12356.152.88$20,535
May 20157,58555.212.96$22,417
Apr 20157,32049.822.71$19,812
Mar 20158,38742.892.93$24,613
Feb 20157,60044.662.98$22,619
Jan 20158,90843.433.10$27,620
Dec 20149,26854.693.59$33,285
Nov 20148,67270.464.25$36,872
Oct 20149,25478.303.90$36,099
Sep 20148,78986.164.05$35,555
Aug 20149,24189.394.04$37,289
Jul 20148,91496.564.18$37,257
Jun 20149,40698.164.74$44,555
May 20148,33394.734.73$39,386
Apr 20146,79195.944.81$32,659
Mar 20147,04695.895.06$35,630
Feb 20141,06697.406.19$6,601
Jan 20144,76590.404.86$23,161
Dec 20137,28191.824.35$31,705
Nov 20138,80688.853.74$32,919
Oct 2013097.423.78$0
Sep 20133104.113.72$11
Aug 20131,168104.253.52$4,114
Jul 20134,843102.523.72$18,005
Jun 20134,10394.403.93$16,139
May 20136,48894.834.15$26,919
Apr 20136,50993.964.28$27,875
Mar 20137,19493.623.91$28,149
Feb 20134,92891.233.42$16,853
Jan 20131,09491.603.42$3,741
Dec 20125,41486.773.42$18,517
Nov 20127,26486.953.62$26,332
Oct 20122,13289.383.40$7,248
Sep 20121,72894.672.92$5,043
Aug 20126,04092.662.91$17,565
Jul 20126,20885.133.02$18,753
Jun 20126,59979.822.52$16,623
May 20126,36991.612.49$15,848
Apr 20126,016101.652.00$12,013
Mar 20126,159105.052.22$13,686
Feb 20125,713101.102.57$14,684
Jan 20123,00598.092.73$8,216
Dec 20113,43796.873.24$11,135
Nov 20115,15195.723.31$17,056
Oct 201155084.983.65$2,007
Sep 20116,35383.623.99$25,322
Aug 20118,75283.404.15$36,315
Jul 20119,08094.144.52$41,017
Jun 20118,17692.904.64$37,936
May 20118,64398.134.40$38,071
Apr 20119,356105.964.33$40,542
Mar 20119,25096.364.06$37,530
Feb 20116,76785.644.18$28,286
Jan 20118,42886.504.59$38,674
Dec 201010,11785.734.35$43,986
Nov 201010,06580.843.80$38,200
Oct 201010,89078.103.51$38,212
Sep 201010,76072.633.98$42,819
Aug 201010,43273.684.42$46,103
Jul 20108,21072.554.74$38,887
Jun 20107,31970.364.91$35,939
May 20109,25471.124.24$39,193
Apr 20109,44381.694.12$38,931
Mar 20109,76978.394.39$42,873
Feb 20109,00273.585.44$48,992
Jan 20109,69974.365.96$57,846
Dec 20099,91371.445.48$54,360
Nov 200910,02374.593.75$37,601
Oct 20099,51672.544.11$39,113
Sep 20099,28065.543.06$28,441
Aug 20099,72667.423.22$31,303
Jul 200910,02461.133.46$34,728
Jun 20099,86366.163.90$38,416
May 200910,73654.743.93$42,147
Apr 200910,47546.773.59$37,579
Mar 200910,85342.144.06$44,052
Feb 200914,35432.814.63$66,502
Jan 200920,14335.865.37$108,188
Dec 200814,18537.105.98$84,786
Nov 200813,43355.496.86$92,155
Oct 200813,80575.246.92$95,558
Sep 200813,288101.767.88$104,671
Aug 200816,037114.228.48$136,042
Jul 200823,203131.0811.39$264,269
Jun 200823,501131.3313.03$306,280
May 200826,943123.1711.57$311,846
Apr 200828,155110.3110.45$294,357
Mar 200831,937101.909.66$308,641
Feb 200833,16592.538.77$290,876
Jan 200841,15290.388.21$337,682
Dec 200751,96388.337.30$379,432
Nov 200723,12891.677.29$168,642

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                4,380 Mcf  × $  3.05 =    $13,341

────────────────────────────────────────────────────
Month total                                  $13,341

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/238706 is the state's own key, not one this site invented.