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 259241District 09Field 65280200GasSaveExport
Value, all time
$5.0 M
Dec 2010 – Jun 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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
GasProduction1,425,375 Mcf$5,044,325
Total$5,044,325

Every month this lease reported (175)

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

175 months

Jun 2025066.483.13$0
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 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201737457.272.92$1,093
Nov 20174,93655.423.12$15,392
Oct 20178,37449.292.98$24,985
Sep 20178,43347.523.09$26,035
Aug 201710,70845.373.00$32,171
Jul 201711,22643.873.09$34,658
Jun 20178,22042.493.09$25,377
May 20179,54145.373.26$31,136
Apr 20178,51647.933.21$27,350
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016141.622.92$3
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 20163436.561.99$68
Mar 201624733.011.79$443
Feb 20163,55826.472.06$7,342
Jan 20162,72927.352.36$6,452
Dec 20155,06632.362.00$10,139
Nov 20152,10038.792.17$4,551
Oct 20152,11343.552.43$5,127
Sep 20159,38942.992.76$25,899
Aug 201512,82640.162.87$36,843
Jul 201514,32248.152.95$42,179
Jun 201512,00956.152.88$34,620
May 201513,26355.212.96$39,198
Apr 201514,36649.822.71$38,883
Mar 201514,69542.892.93$43,126
Feb 201511,60544.662.98$34,539
Jan 201515,38843.433.10$47,712
Dec 201415,45854.693.59$55,515
Nov 201413,59070.464.25$57,783
Oct 201418,23978.303.90$71,150
Sep 201414,20786.164.05$57,474
Aug 201411,03989.394.04$44,544
Jul 20147,31596.564.18$30,574
Jun 201413,23098.164.74$62,669
May 201411,66294.734.73$55,121
Apr 201411,86595.944.81$57,060
Mar 201418,76695.895.06$94,896
Feb 201414,85097.406.19$91,951
Jan 201416,28690.404.86$79,162
Dec 201316,35791.824.35$71,226
Nov 201317,33588.853.74$64,803
Oct 201318,75797.423.78$70,889
Sep 201317,028104.113.72$63,306
Aug 201319,060104.253.52$67,141
Jul 201321,976102.523.72$81,701
Jun 201311,02594.403.93$43,366
May 201312,40794.834.15$51,478
Apr 201321,90193.964.28$93,793
Mar 201329,13393.623.91$113,994
Feb 201324,65091.233.42$84,301
Jan 201329,53091.603.42$100,990
Dec 201230,65686.773.42$104,848
Nov 201230,88786.953.62$111,964
Oct 201232,81389.383.40$111,554
Sep 201233,00594.672.92$96,322
Aug 201235,69792.662.91$103,813
Jul 201235,37885.133.02$106,870
Jun 201234,20379.822.52$86,159
May 201239,08491.612.49$97,254
Apr 201231,272101.652.00$62,444
Mar 201226,695105.052.22$59,318
Feb 201234,307101.102.57$88,177
Jan 201240,53498.092.73$110,823
Dec 201145,02396.873.24$145,863
Nov 201148,18495.723.31$159,551
Oct 201154,43484.983.65$198,605
Sep 201158,79783.623.99$234,353
Aug 201168,33183.404.15$283,527
Jul 201182,08794.144.52$370,807
Jun 201154,28392.904.64$251,867
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

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.

Dec 2017 — as filed, then multipliedworked
Gas                  374 Mcf  × $  2.92 =     $1,093

────────────────────────────────────────────────────
Month total                                   $1,093

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/259241 is the state's own key, not one this site invented.