GEARHART

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 252675District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Jul 2009 – May 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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
GasProduction2,054,484 Mcf$7,460,659
Total$7,460,659

Every month this lease reported (191)

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

191 months

May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201948352.782.49$1,203
May 20192,24058.482.74$6,138
Apr 20191,99462.632.75$5,485
Mar 20191,20856.803.06$3,699
Feb 20191,60350.852.79$4,476
Jan 20192,05246.033.23$6,624
Dec 20182,42446.594.19$10,146
Nov 2018052.934.24$0
Oct 201893261.443.40$3,167
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 20181,58660.183.08$4,880
May 20181,67165.382.90$4,847
Apr 20181,97463.842.90$5,726
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 20187,83262.874.01$31,401
Dec 20177,43657.272.92$21,724
Nov 201714,66655.423.12$45,734
Oct 201716,02649.292.98$47,816
Sep 201715,83147.523.09$48,875
Aug 201716,32445.373.00$49,044
Jul 201715,83143.873.09$48,875
Jun 201717,98542.493.09$55,525
May 201716,39245.373.26$53,494
Apr 201715,58547.933.21$50,053
Mar 201712,11746.772.98$36,153
Feb 20174,25050.452.95$12,549
Jan 20175,44549.413.42$18,615
Dec 20165,40648.763.72$20,126
Nov 20166,10642.492.64$16,146
Oct 20166,67146.193.09$20,615
Sep 20166,79441.553.10$21,066
Aug 20164,25141.442.92$12,431
Jul 20166,82441.622.92$19,956
Jun 20169,75345.352.69$26,195
May 201614,30942.521.99$28,490
Apr 201614,92636.561.99$29,718
Mar 201615,93133.011.79$28,580
Feb 201612,12326.472.06$25,017
Jan 201613,28427.352.36$31,408
Dec 201513,40932.362.00$26,837
Nov 201513,00238.792.17$28,180
Oct 201513,79943.552.43$33,484
Sep 201513,43642.992.76$37,062
Aug 201515,43640.162.87$44,340
Jul 201517,17648.152.95$50,585
Jun 201515,82756.152.88$45,627
May 201515,43955.212.96$45,629
Apr 201514,83449.822.71$40,149
Mar 201514,29442.892.93$41,949
Feb 201513,11644.662.98$39,036
Jan 201517,90943.433.10$55,529
Dec 201416,88854.693.59$60,651
Nov 201417,88070.464.25$76,023
Oct 201417,43978.303.90$68,029
Sep 201419,08286.164.05$77,195
Aug 201418,28989.394.04$73,798
Jul 201418,79296.564.18$78,543
Jun 201414,60098.164.74$69,158
May 201415,49594.734.73$73,238
Apr 201423,75695.944.81$114,245
Mar 201421,67295.895.06$109,591
Feb 201418,10297.406.19$112,088
Jan 201415,00290.404.86$72,921
Dec 201313,15991.824.35$57,301
Nov 201314,85988.853.74$55,547
Oct 201316,95697.423.78$64,083
Sep 201315,096104.113.72$56,123
Aug 201319,320104.253.52$68,057
Jul 201322,951102.523.72$85,326
Jun 201324,70894.403.93$97,187
May 201313,32894.834.15$55,299
Apr 201324,89893.964.28$106,628
Mar 201325,67193.623.91$100,447
Feb 201324,74191.233.42$84,612
Jan 201327,54891.603.42$94,212
Dec 201226,48286.773.42$90,573
Nov 201224,19986.953.62$87,720
Oct 201225,28789.383.40$85,968
Sep 201226,23794.672.92$76,570
Aug 201229,81792.662.91$86,713
Jul 201229,91985.133.02$90,379
Jun 201227,45679.822.52$69,163
May 201229,71091.612.49$73,928
Apr 201223,706101.652.00$47,336
Mar 201225,159105.052.22$55,905
Feb 201230,431101.102.57$78,215
Jan 201231,29498.092.73$85,560
Dec 201127,62396.873.24$89,491
Nov 201110,16295.723.31$33,649
Oct 20115,33784.983.65$19,472
Sep 20116,17783.623.99$24,620
Aug 2011083.404.15$0
Jul 20114,51494.144.52$20,391
Jun 20119,46492.904.64$43,912
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 201128,96285.644.18$121,061
Jan 20119,75686.504.59$44,768
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 20102,18272.633.98$8,683
Aug 201035,94373.684.42$158,845
Jul 201035,95772.554.74$170,310
Jun 201033,19870.364.91$163,015
May 201030,68571.124.24$129,958
Apr 201032,25881.694.12$132,990
Mar 201039,07378.394.39$171,479
Feb 201038,41373.585.44$209,057
Jan 201046,16174.365.96$275,308
Dec 200949,04371.445.48$268,940
Nov 200950,97774.593.75$191,240
Oct 200957,96072.544.11$238,230
Sep 200963,93765.543.06$195,951
Aug 200974,64467.423.22$240,242
Jul 200994,18761.133.46$326,311

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.

Jun 2019 — as filed, then multipliedworked
Gas                  483 Mcf  × $  2.49 =     $1,203

────────────────────────────────────────────────────
Month total                                   $1,203

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/252675 is the state's own key, not one this site invented.