CORNERSTONE SOUTH

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 255029District 09Field 65280200GasSaveExport
Value, all time
$27.4 M
Feb 2010 – May 2026
Value, last 12 filed months
$655 k
at the published price for each month
Months reported
196
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
GasProduction8,068,071 Mcf$27,380,270
Total$27,380,270

Every month this lease reported (196)

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

196 months

May 202615,636106.413.05$47,625
Apr 202615,07798.932.87$43,267
Mar 202616,04689.753.15$50,536
Feb 202614,22063.503.75$53,330
Jan 202613,35059.138.00$106,772
Dec 202515,80456.664.41$69,749
Nov 202513,65558.593.93$53,616
Oct 202512,60259.383.30$41,648
Sep 202514,50962.743.08$44,643
Aug 202515,63863.933.01$47,145
Jul 202515,00666.743.32$49,748
Jun 202515,02066.483.13$46,993
May 202515,41560.553.23$49,826
Apr 202515,98462.363.54$56,633
Mar 202516,70967.704.27$71,319
Feb 202512,89070.884.34$55,953
Jan 202515,73774.324.28$67,334
Dec 202417,40768.993.12$54,334
Nov 202416,95069.052.20$37,264
Oct 202414,12371.372.28$32,220
Sep 202417,47969.612.36$41,327
Aug 202418,27075.632.06$37,703
Jul 202418,81579.932.15$40,388
Jun 202417,97778.082.63$47,351
May 202419,35978.812.20$42,560
Apr 202419,24984.451.66$31,938
Mar 202419,98580.301.55$30,879
Feb 202418,66776.091.78$33,295
Jan 202420,32373.023.30$67,018
Dec 202318,87671.262.61$49,280
Nov 202320,37977.892.81$57,215
Oct 202320,50485.443.09$63,302
Sep 202319,96789.042.74$54,611
Aug 202321,77380.522.67$58,197
Jul 202321,82974.852.64$57,668
Jun 202321,13068.962.26$47,722
May 202321,71070.622.23$48,357
Apr 202321,26878.122.24$47,593
Mar 202322,09472.852.39$52,874
Feb 202322,44475.112.47$55,340
Jan 202322,99176.533.39$77,887
Dec 202224,17576.415.73$138,501
Nov 202219,98985.005.65$112,862
Oct 202221,97787.185.86$128,868
Sep 202223,54284.888.16$192,189
Aug 202225,19994.529.13$229,995
Jul 202225,756101.587.54$194,254
Jun 202225,563115.097.98$203,921
May 202226,552109.378.43$223,914
Apr 202226,065104.226.84$178,222
Mar 202224,753108.885.08$125,656
Feb 202220,77791.054.86$100,952
Jan 202223,34081.844.54$105,909
Dec 202128,00071.323.90$109,175
Nov 202127,47977.435.24$143,903
Oct 202128,91679.795.71$165,222
Sep 202126,77469.865.35$143,266
Aug 202123,57066.024.22$99,479
Jul 202126,05270.783.98$103,741
Jun 202129,06069.493.38$98,241
May 202130,44363.483.02$91,867
Apr 202129,27360.362.76$80,747
Mar 202132,75161.302.72$88,983
Feb 202125,23957.805.55$140,025
Jan 202132,47650.412.81$91,266
Dec 202033,25044.642.68$88,959
Nov 202032,85838.772.71$88,932
Oct 202033,57836.972.48$83,221
Sep 202033,70337.091.99$67,104
Aug 202035,34339.982.39$84,297
Jul 202035,85338.371.83$65,436
Jun 202035,43434.901.69$59,894
May 202037,03716.921.81$67,213
Apr 202037,02414.751.80$66,805
Mar 202039,51430.341.86$73,347
Feb 202037,87549.881.98$75,018
Jan 202041,39757.252.09$86,716
Dec 201942,30859.012.30$97,493
Nov 201942,76555.302.75$117,634
Oct 201943,84553.472.42$106,041
Sep 201943,99155.052.66$116,896
Aug 201946,60253.112.30$107,388
Jul 201948,47556.272.46$119,251
Jun 201949,71452.782.49$123,848
May 201954,77458.482.74$150,098
Apr 201957,19062.632.75$157,313
Mar 201964,96856.803.06$198,939
Feb 201966,58050.852.79$185,906
Jan 201944,62946.033.23$144,070
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20187,62761.443.40$25,917
Sep 201827,46759.543.11$85,367
Aug 201833,32459.403.07$102,190
Jul 201830,94365.142.93$90,721
Jun 201832,30260.183.08$99,391
May 201834,31265.382.90$99,532
Apr 201833,00963.842.90$95,753
Mar 201833,70561.222.79$93,930
Feb 201831,99961.782.77$88,513
Jan 201835,02162.874.01$140,410
Dec 201733,63757.272.92$98,271
Nov 201732,35655.423.12$100,898
Oct 201735,34249.292.98$105,449
Sep 201732,02847.523.09$98,879
Aug 201735,65245.373.00$107,113
Jul 201734,16143.873.09$105,465
Jun 201736,35642.493.09$112,241
May 201736,72845.373.26$119,858
Apr 201737,99747.933.21$122,031
Mar 201739,92846.772.98$119,132
Feb 201736,76550.452.95$108,552
Jan 201741,12449.413.42$140,595
Dec 201641,81348.763.72$155,663
Nov 201639,98342.492.64$105,729
Oct 201642,79146.193.09$132,235
Sep 201639,05641.553.10$121,098
Aug 201643,70541.442.92$127,808
Jul 201645,08041.622.92$131,829
Jun 201642,52645.352.69$114,218
May 201645,65842.521.99$90,907
Apr 201646,15936.561.99$91,904
Mar 201648,78233.011.79$87,515
Feb 201646,01926.472.06$94,966
Jan 201650,55627.352.36$119,533
Dec 201550,39932.362.00$100,869
Nov 201550,26338.792.17$108,937
Oct 201546,87143.552.43$113,736
Sep 201552,01042.992.76$143,465
Aug 201552,44340.162.87$150,642
Jul 201552,69648.152.95$155,194
Jun 201553,77156.152.88$155,014
May 201555,56155.212.96$164,208
Apr 201555,48949.822.71$150,185
Mar 201558,34342.892.93$171,220
Feb 201554,85944.662.98$163,271
Jan 201558,48843.433.10$181,350
Dec 201461,81754.693.59$222,007
Nov 201455,17470.464.25$234,591
Oct 201462,17078.303.90$242,523
Sep 201463,36486.164.05$256,335
Aug 201467,05789.394.04$270,583
Jul 201467,30496.564.18$281,304
Jun 201461,47098.164.74$291,176
May 201469,98294.734.73$330,774
Apr 201471,52095.944.81$343,948
Mar 201471,13195.895.06$359,695
Feb 201468,66697.406.19$425,180
Jan 201478,14590.404.86$379,841
Dec 201379,44791.824.35$345,950
Nov 201377,52888.853.74$289,821
Oct 201386,15197.423.78$325,596
Sep 201381,330104.113.72$302,364
Aug 201393,132104.253.52$328,068
Jul 201394,316102.523.72$350,642
Jun 201397,08494.403.93$381,871
May 2013106,85994.834.15$443,367
Apr 2013103,63493.964.28$443,822
Mar 2013116,62093.623.91$456,319
Feb 2013111,03191.233.42$379,716
Jan 2013128,92891.603.42$440,922
Dec 2012118,50386.773.42$405,299
Nov 2012102,64686.953.62$372,088
Oct 2012154,20489.383.40$524,244
Sep 201291,92594.672.92$268,274
Aug 201291,52392.662.91$266,164
Jul 2012147,80585.133.02$446,489
Jun 201212,63879.822.52$31,836
May 201248,45191.612.49$120,562
Apr 201233,756101.652.00$67,404
Mar 201218,246105.052.22$40,544
Feb 201233,301101.102.57$85,592
Jan 2012115,82898.092.73$316,683
Dec 2011184,76196.873.24$598,578
Nov 2011191,68595.723.31$634,723
Oct 2011192,98684.983.65$704,117
Sep 2011211,32183.623.99$842,283
Aug 201146,23383.404.15$191,836
Jul 2011094.144.52$0
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 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
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

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               15,636 Mcf  × $  3.05 =    $47,625

────────────────────────────────────────────────────
Month total                                  $47,625

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/255029 is the state's own key, not one this site invented.