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 254316District 09Field 65280200GasSaveExport
Value, all time
$8.5 M
May 2009 – May 2026
Value, last 12 filed months
$181 k
at the published price for each month
Months reported
205
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
GasProduction2,401,755 Mcf$8,483,362
Total$8,483,362

Every month this lease reported (205)

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

205 months

May 20263,742106.413.05$11,398
Apr 20264,07698.932.87$11,697
Mar 20264,08089.753.15$12,850
Feb 20263,47863.503.75$13,044
Jan 20263,99459.138.00$31,944
Dec 20253,76656.664.41$16,621
Nov 20253,80458.593.93$14,936
Oct 20253,48259.383.30$11,507
Sep 20254,63762.743.08$14,268
Aug 20254,57363.933.01$13,787
Jul 20254,53166.743.32$15,021
Jun 20254,50866.483.13$14,104
May 20254,23460.553.23$13,686
Apr 20254,31462.363.54$15,285
Mar 20254,64967.704.27$19,843
Feb 20253,58570.884.34$15,562
Jan 20254,41974.324.28$18,907
Dec 20244,69768.993.12$14,661
Nov 20244,34169.052.20$9,543
Oct 20244,40071.372.28$10,038
Sep 20244,47169.612.36$10,571
Aug 20244,71375.632.06$9,726
Jul 20245,04579.932.15$10,830
Jun 20244,72778.082.63$12,451
May 20245,18078.812.20$11,388
Apr 20245,15784.451.66$8,556
Mar 20246,12880.301.55$9,469
Feb 20245,37976.091.78$9,594
Jan 20244,50673.023.30$14,859
Dec 20234,62371.262.61$12,069
Nov 20233,55177.892.81$9,970
Oct 20234,12985.443.09$12,747
Sep 20234,34389.042.74$11,878
Aug 20234,77780.522.67$12,768
Jul 20234,47674.852.64$11,825
Jun 20234,28068.962.26$9,666
May 20234,10770.622.23$9,148
Apr 20234,17678.122.24$9,345
Mar 20234,62172.852.39$11,059
Feb 20234,49175.112.47$11,073
Jan 20234,99076.533.39$16,905
Dec 20224,28576.415.73$24,549
Nov 20224,72985.005.65$26,701
Oct 20224,61487.185.86$27,055
Sep 20224,32384.888.16$35,292
Aug 20224,43794.529.13$40,497
Jul 20224,776101.587.54$36,021
Jun 20224,795115.097.98$38,251
May 20225,138109.378.43$43,329
Apr 20224,961104.226.84$33,921
Mar 20225,635108.885.08$28,606
Feb 20225,19391.054.86$25,232
Jan 20225,44681.844.54$24,712
Dec 20215,36271.323.90$20,907
Nov 20215,50677.435.24$28,834
Oct 20216,06379.795.71$34,643
Sep 20215,89569.865.35$31,544
Aug 20216,17066.024.22$26,041
Jul 20216,55470.783.98$26,099
Jun 20216,73569.493.38$22,768
May 20216,73963.483.02$20,336
Apr 20216,64960.362.76$18,341
Mar 20217,15161.302.72$19,429
Feb 20216,28157.805.55$34,847
Jan 20215,01950.412.81$14,105
Dec 20203,04544.642.68$8,147
Nov 20203,05438.772.71$8,266
Oct 20204,62936.972.48$11,473
Sep 20204,40837.091.99$8,777
Aug 20205,83639.982.39$13,919
Jul 20206,53538.371.83$11,927
Jun 20205,59234.901.69$9,452
May 20205,38816.921.81$9,778
Apr 20206,74714.751.80$12,174
Mar 20206,55330.341.86$12,164
Feb 20206,38649.881.98$12,649
Jan 20207,18857.252.09$15,057
Dec 20198,12359.012.30$18,718
Nov 20197,78955.302.75$21,425
Oct 20198,08153.472.42$19,544
Sep 20197,86255.052.66$20,892
Aug 20198,50353.112.30$19,594
Jul 20198,40256.272.46$20,669
Jun 20198,37652.782.49$20,866
May 20199,12058.482.74$24,992
Apr 20198,11062.632.75$22,308
Mar 20197,25656.803.06$22,219
Feb 20196,22750.852.79$17,387
Jan 20196,92346.033.23$22,349
Dec 20186,43146.594.19$26,917
Nov 20186,74352.934.24$28,572
Oct 20186,34461.443.40$21,557
Sep 20185,27859.543.11$16,404
Aug 20187,85359.403.07$24,082
Jul 20183,48065.142.93$10,203
Jun 20184,06860.183.08$12,517
May 20188,09665.382.90$23,485
Apr 20187,48363.842.90$21,707
Mar 20186,94661.222.79$19,357
Feb 20187,17261.782.77$19,839
Jan 20188,61062.874.01$34,520
Dec 20178,63957.272.92$25,239
Nov 20178,46155.423.12$26,384
Oct 20178,14149.292.98$24,290
Sep 20176,97947.523.09$21,546
Aug 20178,61845.373.00$25,892
Jul 20178,47843.873.09$26,174
Jun 20178,31242.493.09$25,661
May 20178,54345.373.26$27,879
Apr 20178,47547.933.21$27,218
Mar 20179,48546.772.98$28,300
Feb 20179,26850.452.95$27,365
Jan 20179,61049.413.42$32,855
Dec 20169,81848.763.72$36,551
Nov 20168,81242.492.64$23,302
Oct 20168,90246.193.09$27,509
Sep 20169,41141.553.10$29,180
Aug 201610,29641.442.92$30,109
Jul 201610,34041.622.92$30,238
Jun 20169,83145.352.69$26,404
May 201611,63442.521.99$23,164
Apr 201612,37436.561.99$24,637
Mar 201613,41633.011.79$24,068
Feb 201612,17026.472.06$25,114
Jan 201613,34627.352.36$31,555
Dec 201512,86732.362.00$25,752
Nov 201512,91738.792.17$27,995
Oct 201512,36543.552.43$30,005
Sep 201512,69942.992.76$35,029
Aug 201512,32040.162.87$35,389
Jul 201512,66348.152.95$37,294
Jun 201513,19256.152.88$38,031
May 201513,41655.212.96$39,650
Apr 201515,72349.822.71$42,555
Mar 201516,64342.892.93$48,842
Feb 201514,72244.662.98$43,815
Jan 201518,00743.433.10$55,833
Dec 201418,76454.693.59$67,388
Nov 201417,89970.464.25$76,104
Oct 201420,28978.303.90$79,147
Sep 201421,69186.164.05$87,750
Aug 201422,25489.394.04$89,798
Jul 201422,24196.564.18$92,958
Jun 201421,89798.164.74$103,723
May 201423,64394.734.73$111,750
Apr 201425,16795.944.81$121,031
Mar 201428,89195.895.06$146,096
Feb 201422,53297.406.19$139,518
Jan 201418,32090.404.86$89,048
Dec 201315,31491.824.35$66,685
Nov 201317,05588.853.74$63,756
Oct 201316,72597.423.78$63,210
Sep 201316,964104.113.72$63,068
Aug 201319,755104.253.52$69,589
Jul 201323,619102.523.72$87,809
Jun 201325,55194.403.93$100,503
May 201328,25294.834.15$117,220
Apr 201326,09193.964.28$111,737
Mar 201330,75693.623.91$120,344
Feb 201330,22991.233.42$103,380
Jan 201334,52491.603.42$118,069
Dec 201235,02986.773.42$119,805
Nov 201237,03886.953.62$134,261
Oct 201242,69289.383.40$145,139
Sep 201244,85694.672.92$130,908
Aug 201255,00692.662.91$159,966
Jul 201243,31685.133.02$130,849
Jun 201216,25779.822.52$40,952
May 201260,43691.612.49$150,384
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201246,84298.092.73$128,070
Dec 201157,68996.873.24$186,897
Nov 201132,57195.723.31$107,852
Oct 20119,19384.983.65$33,541
Sep 201145,02283.623.99$179,449
Aug 201162,55283.404.15$259,548
Jul 201174,21694.144.52$335,251
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 201129,04886.504.59$133,295
Dec 201099,86185.734.35$434,171
Nov 2010108,54280.843.80$411,953
Oct 2010078.103.51$0
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

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                3,742 Mcf  × $  3.05 =    $11,398

────────────────────────────────────────────────────
Month total                                  $11,398

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/254316 is the state's own key, not one this site invented.