COLBY

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 250251District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
209
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
GasProduction2,344,846 Mcf$8,081,079
Total$8,081,079

Every month this lease reported (209)

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

209 months

May 20262,911106.413.05$8,866
Apr 20264,26098.932.87$12,225
Mar 20264,93289.753.15$15,533
Feb 20265,85563.503.75$21,958
Jan 20266,26259.138.00$50,083
Dec 20257,10056.664.41$31,335
Nov 20256,57158.593.93$25,801
Oct 20256,16759.383.30$20,381
Sep 20255,44362.743.08$16,748
Aug 20255,04363.933.01$15,203
Jul 20253,14666.743.32$10,430
Jun 20252,75066.483.13$8,604
May 20253,35060.553.23$10,828
Apr 20253,56162.363.54$12,617
Mar 20253,94067.704.27$16,817
Feb 20254,61970.884.34$20,050
Jan 20254,53574.324.28$19,404
Dec 20244,99168.993.12$15,579
Nov 20244,20169.052.20$9,236
Oct 20243,83271.372.28$8,742
Sep 20244,36569.612.36$10,320
Aug 20243,36675.632.06$6,946
Jul 20243,20079.932.15$6,869
Jun 20243,13878.082.63$8,265
May 20244,25578.812.20$9,354
Apr 20244,39084.451.66$7,284
Mar 20244,60480.301.55$7,114
Feb 20244,93476.091.78$8,800
Jan 20246,89873.023.30$22,747
Dec 20232,93171.262.61$7,652
Nov 20235,34577.892.81$15,006
Oct 20235,49385.443.09$16,958
Sep 20234,56489.042.74$12,483
Aug 20233,41380.522.67$9,123
Jul 20234,06874.852.64$10,747
Jun 20234,65168.962.26$10,504
May 20234,04770.622.23$9,014
Apr 20234,15278.122.24$9,291
Mar 20234,65672.852.39$11,143
Feb 20234,06475.112.47$10,021
Jan 20234,39276.533.39$14,879
Dec 20224,22076.415.73$24,177
Nov 20224,83785.005.65$27,311
Oct 20224,25387.185.86$24,939
Sep 20223,76984.888.16$30,769
Aug 20223,60194.529.13$32,867
Jul 20224,205101.587.54$31,714
Jun 20223,963115.097.98$31,614
May 20224,345109.378.43$36,642
Apr 20224,871104.226.84$33,306
Mar 20225,412108.885.08$27,473
Feb 20223,47591.054.86$16,884
Jan 20223,84481.844.54$17,443
Dec 20213,78771.323.90$14,766
Nov 20213,27377.435.24$17,140
Oct 20213,85579.795.71$22,027
Sep 20214,85669.865.35$25,984
Aug 20212,76466.024.22$11,666
Jul 20213,70570.783.98$14,754
Jun 20212,38869.493.38$8,073
May 20214,95563.483.02$14,953
Apr 20215,57160.362.76$15,367
Mar 20215,77961.302.72$15,701
Feb 20214,56557.805.55$25,326
Jan 20216,19250.412.81$17,401
Dec 20206,06044.642.68$16,213
Nov 20206,18838.772.71$16,748
Oct 20205,35136.972.48$13,262
Sep 20205,66437.091.99$11,277
Aug 20205,60839.982.39$13,376
Jul 20207,26338.371.83$13,256
Jun 20204,44034.901.69$7,505
May 20206,31916.921.81$11,467
Apr 20206,71014.751.80$12,107
Mar 20206,47530.341.86$12,019
Feb 20206,10249.881.98$12,086
Jan 20206,33657.252.09$13,272
Dec 20196,63059.012.30$15,278
Nov 20195,58255.302.75$15,354
Oct 20195,13353.472.42$12,414
Sep 20195,72955.052.66$15,224
Aug 20196,35753.112.30$14,649
Jul 20196,13356.272.46$15,088
Jun 20195,60652.782.49$13,966
May 20195,87358.482.74$16,094
Apr 20195,73262.632.75$15,767
Mar 20197,15456.803.06$21,906
Feb 20196,19150.852.79$17,287
Jan 20197,60646.033.23$24,554
Dec 20186,15346.594.19$25,753
Nov 20186,78252.934.24$28,737
Oct 20186,81061.443.40$23,141
Sep 20186,09859.543.11$18,953
Aug 20188,47659.403.07$25,992
Jul 20188,52265.142.93$24,985
Jun 20188,63260.183.08$26,560
May 20189,06165.382.90$26,284
Apr 20188,03963.842.90$23,320
Mar 20187,90661.222.79$22,033
Feb 20187,84661.782.77$21,703
Jan 20188,52662.874.01$34,183
Dec 20178,69357.272.92$25,397
Nov 20178,49655.423.12$26,494
Oct 20179,77149.292.98$29,154
Sep 20179,13547.523.09$28,202
Aug 20179,72745.373.00$29,224
Jul 20179,57643.873.09$29,564
Jun 20179,83742.493.09$30,370
May 201710,52745.373.26$34,354
Apr 20178,88747.933.21$28,541
Mar 201711,33446.772.98$33,817
Feb 201710,47250.452.95$30,920
Jan 201711,47749.413.42$39,238
Dec 201611,55348.763.72$43,010
Nov 201611,46942.492.64$30,328
Oct 201610,98546.193.09$33,947
Sep 201611,07241.553.10$34,330
Aug 201610,79441.442.92$31,565
Jul 20169,89041.622.92$28,922
Jun 20169,92545.352.69$26,657
May 20166,93242.521.99$13,802
Apr 20169,13136.561.99$18,180
Mar 201611,43933.011.79$20,522
Feb 201611,50726.472.06$23,746
Jan 201612,85127.352.36$30,384
Dec 201513,30932.362.00$26,637
Nov 201513,39138.792.17$29,023
Oct 201513,13943.552.43$31,883
Sep 201511,77842.992.76$32,489
Aug 201517,80140.162.87$51,133
Jul 201519,60848.152.95$57,747
Jun 201515,20956.152.88$43,845
May 201514,84355.212.96$43,868
Apr 201515,88349.822.71$42,988
Mar 201516,33542.892.93$47,938
Feb 201513,95044.662.98$41,518
Jan 201516,60843.433.10$51,495
Dec 201417,52854.693.59$62,949
Nov 201416,56870.464.25$70,444
Oct 201418,61178.303.90$72,601
Sep 201421,49786.164.05$86,965
Aug 201421,27489.394.04$85,843
Jul 201422,72696.564.18$94,986
Jun 201422,20198.164.74$105,163
May 201421,24994.734.73$100,435
Apr 201423,75595.944.81$114,241
Mar 201426,06695.895.06$131,811
Feb 201421,02497.406.19$130,181
Jan 201422,08890.404.86$107,364
Dec 201318,69391.824.35$81,398
Nov 201316,90888.853.74$63,207
Oct 201317,90997.423.78$67,685
Sep 201320,287104.113.72$75,422
Aug 201325,037104.253.52$88,196
Jul 201323,249102.523.72$86,434
Jun 201314,86894.403.93$58,482
May 201317,55194.834.15$72,821
Apr 201318,47293.964.28$79,108
Mar 201324,79093.623.91$97,000
Feb 201324,57991.233.42$84,058
Jan 201326,51391.603.42$90,672
Dec 201226,11186.773.42$89,304
Nov 201229,00986.953.62$105,156
Oct 201233,50689.383.40$113,910
Sep 201233,84794.672.92$98,779
Aug 201240,20892.662.91$116,931
Jul 201238,47185.133.02$116,213
Jun 201227,42179.822.52$69,075
May 201252,96491.612.49$131,791
Apr 201218,654101.652.00$37,248
Mar 201232,993105.052.22$73,313
Feb 201252,166101.102.57$134,079
Jan 201252,33498.092.73$143,085
Dec 201150,23296.873.24$162,739
Nov 201143,34995.723.31$143,541
Oct 20118,46584.983.65$30,885
Sep 201142,56883.623.99$169,668
Aug 201161,36283.404.15$254,611
Jul 201135,54394.144.52$160,556
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 201124,96986.504.59$114,577
Dec 201081,16285.734.35$352,872
Nov 201099,15180.843.80$376,311
Oct 20103,61178.103.51$12,671
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$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                2,911 Mcf  × $  3.05 =     $8,866

────────────────────────────────────────────────────
Month total                                   $8,866

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/250251 is the state's own key, not one this site invented.