SMITH

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 258420District 09Field 65280200GasSaveExport
Value, all time
$8.9 M
Jun 2010 – May 2026
Value, last 12 filed months
$317 k
at the published price for each month
Months reported
192
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
GasProduction2,717,607 Mcf$8,863,475
Total$8,863,475

Every month this lease reported (192)

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

192 months

May 20266,862106.413.05$20,901
Apr 20266,44998.932.87$18,507
Mar 20268,02989.753.15$25,287
Feb 20267,03763.503.75$26,391
Jan 20267,50559.138.00$60,024
Dec 20257,41556.664.41$32,725
Nov 20256,94258.593.93$27,257
Oct 20257,22059.383.30$23,861
Sep 20256,96362.743.08$21,425
Aug 20256,62263.933.01$19,964
Jul 20256,47066.743.32$21,449
Jun 20256,18766.483.13$19,357
May 20256,64360.553.23$21,472
Apr 20257,10762.363.54$25,181
Mar 20257,32167.704.27$31,248
Feb 20257,14570.884.34$31,015
Jan 20257,63974.324.28$32,685
Dec 20247,62368.993.12$23,794
Nov 20246,85769.052.20$15,075
Oct 20247,12071.372.28$16,244
Sep 20248,45069.612.36$19,979
Aug 20246,99675.632.06$14,437
Jul 20246,87279.932.15$14,751
Jun 20246,75378.082.63$17,787
May 20247,06978.812.20$15,541
Apr 20247,18784.451.66$11,925
Mar 20248,55480.301.55$13,217
Feb 20248,25576.091.78$14,724
Jan 20248,97873.023.30$29,606
Dec 20238,36671.262.61$21,841
Nov 20238,29377.892.81$23,283
Oct 20237,81185.443.09$24,115
Sep 20237,93789.042.74$21,708
Aug 20237,12780.522.67$19,050
Jul 20237,26574.852.64$19,193
Jun 20237,84868.962.26$17,725
May 20238,93370.622.23$19,897
Apr 20238,16878.122.24$18,278
Mar 20237,37072.852.39$17,638
Feb 20235,28575.112.47$13,031
Jan 20236,17376.533.39$20,912
Dec 20225,85276.415.73$33,527
Nov 20224,61385.005.65$26,046
Oct 20225,98887.185.86$35,112
Sep 20222,05184.888.16$16,744
Aug 202267394.529.13$6,143
Jul 2022358101.587.54$2,700
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20224,227104.226.84$28,903
Mar 20226,253108.885.08$31,743
Feb 20226,76891.054.86$32,885
Jan 20225,52681.844.54$25,075
Dec 20219,25771.323.90$36,094
Nov 20219,51277.435.24$49,813
Oct 20219,26279.795.71$52,922
Sep 20219,83269.865.35$52,610
Aug 202110,75266.024.22$45,380
Jul 202110,36270.783.98$41,262
Jun 20219,54569.493.38$32,268
May 202110,28163.483.02$31,025
Apr 20219,96860.362.76$27,496
Mar 202110,07361.302.72$27,368
Feb 20219,01957.805.55$50,037
Jan 202110,83950.412.81$30,461
Dec 202010,23944.642.68$27,394
Nov 20209,94238.772.71$26,909
Oct 202010,32836.972.48$25,597
Sep 202010,00937.091.99$19,928
Aug 20209,70239.982.39$23,140
Jul 20208,58838.371.83$15,674
Jun 20208,03734.901.69$13,585
May 20208,31216.921.81$15,084
Apr 20208,00514.751.80$14,444
Mar 20208,07130.341.86$14,982
Feb 20208,20349.881.98$16,247
Jan 20209,39657.252.09$19,682
Dec 201910,22659.012.30$23,564
Nov 201911,05555.302.75$30,409
Oct 201912,04553.472.42$29,131
Sep 201910,80455.052.66$28,709
Aug 201911,10653.112.30$25,592
Jul 20199,67456.272.46$23,799
Jun 20195,12352.782.49$12,762
May 20195,78558.482.74$15,853
Apr 20193,61362.632.75$9,938
Mar 20198,37456.803.06$25,642
Feb 20196,25950.852.79$17,477
Jan 20197,50246.033.23$24,218
Dec 201812,69146.594.19$53,117
Nov 201813,48952.934.24$57,156
Oct 201813,10961.443.40$44,545
Sep 201812,36659.543.11$38,434
Aug 201813,00659.403.07$39,884
Jul 201812,34565.142.93$36,194
Jun 201812,09460.183.08$37,212
May 201813,01165.382.90$37,742
Apr 201812,12863.842.90$35,181
Mar 201813,43561.222.79$37,441
Feb 201812,25261.782.77$33,891
Jan 201813,74662.874.01$55,112
Dec 201714,24357.272.92$41,611
Nov 201713,79755.423.12$43,024
Oct 201713,58949.292.98$40,545
Sep 201713,91247.523.09$42,950
Aug 201715,59045.373.00$46,839
Jul 201713,96743.873.09$43,120
Jun 20179,00242.493.09$27,792
May 201715,21845.373.26$49,662
Apr 201715,17147.933.21$48,723
Mar 201716,43146.772.98$49,025
Feb 201715,12950.452.95$44,670
Jan 201717,25249.413.42$58,981
Dec 201617,91148.763.72$66,680
Nov 201616,78442.492.64$44,383
Oct 201618,56446.193.09$57,368
Sep 201618,08641.553.10$56,078
Aug 201618,78241.442.92$54,925
Jul 201618,74041.622.92$54,802
Jun 201618,19345.352.69$48,863
May 201619,67842.521.99$39,180
Apr 201620,56136.561.99$40,938
Mar 201621,66033.011.79$38,858
Feb 201621,01626.472.06$43,369
Jan 201623,39627.352.36$55,317
Dec 201521,07132.362.00$42,172
Nov 201522,30538.792.17$48,342
Oct 201523,74543.552.43$57,619
Sep 201523,25642.992.76$64,150
Aug 201524,30540.162.87$69,816
Jul 201522,16948.152.95$65,289
Jun 201517,39456.152.88$50,144
May 201518,67355.212.96$55,187
Apr 20159,74549.822.71$26,376
Mar 2015042.892.93$0
Feb 201590944.662.98$2,705
Jan 2015043.433.10$0
Dec 201467954.693.59$2,439
Nov 20148,06970.464.25$34,308
Oct 201414,37578.303.90$56,076
Sep 201415,42986.164.05$62,417
Aug 201416,52789.394.04$66,688
Jul 201419,72096.564.18$82,422
Jun 201417,90598.164.74$84,814
May 201421,80294.734.73$103,048
Apr 201421,83295.944.81$104,993
Mar 201422,80195.895.06$115,300
Feb 201421,78697.406.19$134,899
Jan 201424,21490.404.86$117,697
Dec 201324,44491.824.35$106,441
Nov 201324,61988.853.74$92,033
Oct 201326,07297.423.78$98,535
Sep 201325,357104.113.72$94,271
Aug 201325,001104.253.52$88,069
Jul 201324,477102.523.72$90,999
Jun 201324,28594.403.93$95,523
May 201325,30594.834.15$104,992
Apr 201325,12793.964.28$107,609
Mar 201327,63793.623.91$108,140
Feb 201330,53791.233.42$104,434
Jan 201331,85591.603.42$108,941
Dec 201237,92686.773.42$129,713
Nov 201238,21586.953.62$138,528
Oct 201237,70489.383.40$128,182
Sep 201239,48694.672.92$115,236
Aug 201240,21292.662.91$116,943
Jul 201231,49785.133.02$95,146
Jun 201246,69579.822.52$117,627
May 201245,03191.612.49$112,052
Apr 201241,563101.652.00$82,993
Mar 201258,188105.052.22$129,298
Feb 201262,186101.102.57$159,833
Jan 201273,44298.092.73$200,796
Dec 201150,47196.873.24$163,513
Nov 20119,72595.723.31$32,202
Oct 201135,03084.983.65$127,808
Sep 201118,95083.623.99$75,531
Aug 2011083.404.15$0
Jul 201126,15894.144.52$118,162
Jun 201152,35792.904.64$242,930
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 20111785.644.18$71
Jan 201136,72886.504.59$168,537
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

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                6,862 Mcf  × $  3.05 =    $20,901

────────────────────────────────────────────────────
Month total                                  $20,901

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/258420 is the state's own key, not one this site invented.