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 260424District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Mar 2011 – May 2026
Value, last 12 filed months
$253 k
at the published price for each month
Months reported
183
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
GasProduction2,010,441 Mcf$6,196,278
Total$6,196,278

Every month this lease reported (183)

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

183 months

May 20265,175106.413.05$15,762
Apr 20264,61198.932.87$13,232
Mar 20265,45689.753.15$17,183
Feb 20264,22063.503.75$15,826
Jan 20265,30459.138.00$42,421
Dec 20256,00656.664.41$26,507
Nov 20256,47458.593.93$25,420
Oct 20256,73859.383.30$22,268
Sep 20256,47562.743.08$19,923
Aug 20255,43663.933.01$16,388
Jul 20255,83366.743.32$19,338
Jun 20256,09466.483.13$19,066
May 20256,43760.553.23$20,806
Apr 20256,48462.363.54$22,974
Mar 20256,75267.704.27$28,820
Feb 20254,85670.884.34$21,079
Jan 20256,73074.324.28$28,796
Dec 20246,95868.993.12$21,718
Nov 20246,21269.052.20$13,657
Oct 20246,86871.372.28$15,669
Sep 20248,42469.612.36$19,917
Aug 20246,35175.632.06$13,106
Jul 20246,27879.932.15$13,476
Jun 20246,10578.082.63$16,080
May 20246,18878.812.20$13,604
Apr 20245,42784.451.66$9,004
Mar 20246,79580.301.55$10,499
Feb 20246,28976.091.78$11,217
Jan 20245,46073.023.30$18,005
Dec 20236,54871.262.61$17,095
Nov 20236,11277.892.81$17,160
Oct 20233,42385.443.09$10,568
Sep 20235,62989.042.74$15,396
Aug 20236,31980.522.67$16,890
Jul 20234,74774.852.64$12,541
Jun 20235,19268.962.26$11,726
May 202335170.622.23$782
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 2022385.005.65$17
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 202153277.435.24$2,786
Oct 20214,51879.795.71$25,815
Sep 20211,89869.865.35$10,156
Aug 20214,13266.024.22$17,439
Jul 20218,50870.783.98$33,880
Jun 20217,67269.493.38$25,936
May 20217,69063.483.02$23,206
Apr 20217,41260.362.76$20,445
Mar 20215,23861.302.72$14,231
Feb 20212,70957.805.55$15,029
Jan 20218,45050.412.81$23,747
Dec 20208,20144.642.68$21,941
Nov 20209,36538.772.71$25,347
Oct 20208,52936.972.48$21,139
Sep 20209,57837.091.99$19,070
Aug 20208,49539.982.39$20,261
Jul 20202,06738.371.83$3,773
Jun 20209,21134.901.69$15,569
May 20206,04716.921.81$10,974
Apr 202012,51614.751.80$22,584
Mar 202014,19730.341.86$26,353
Feb 202013,55249.881.98$26,842
Jan 202013,90357.252.09$29,123
Dec 201915,06959.012.30$34,724
Nov 201915,95655.302.75$43,890
Oct 201915,72753.472.42$38,036
Sep 201915,23555.052.66$40,484
Aug 201913,39953.112.30$30,876
Jul 20196,26156.272.46$15,402
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 201870952.934.24$3,004
Oct 20181,20261.443.40$4,084
Sep 20184,67459.543.11$14,527
Aug 20183,05459.403.07$9,365
Jul 20188,16365.142.93$23,933
Jun 20186,94660.183.08$21,372
May 20182,52965.382.90$7,336
Apr 20184,72863.842.90$13,715
Mar 20181,14361.222.79$3,185
Feb 2018061.782.77$0
Jan 201815,57562.874.01$62,445
Dec 20179,66257.272.92$28,228
Nov 20179,75255.423.12$30,410
Oct 201711,55249.292.98$34,467
Sep 201711,85647.523.09$36,603
Aug 20172,56445.373.00$7,703
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 20173246.772.98$95
Feb 20174,72050.452.95$13,936
Jan 20176,04549.413.42$20,667
Dec 20163,33748.763.72$12,423
Nov 20169,97442.492.64$26,375
Oct 20166,58046.193.09$20,334
Sep 20164,06441.553.10$12,601
Aug 201615,77241.442.92$46,123
Jul 201616,02241.622.92$46,854
Jun 201616,27245.352.69$43,704
May 201618,40242.521.99$36,639
Apr 201618,35836.561.99$36,552
Mar 201615,11833.011.79$27,122
Feb 201615,37226.472.06$31,722
Jan 20165,22927.352.36$12,363
Dec 201513,18232.362.00$26,383
Nov 201522,51238.792.17$48,791
Oct 201523,81443.552.43$57,787
Sep 201523,41142.992.76$64,577
Aug 201523,57640.162.87$67,722
Jul 201525,80348.152.95$75,992
Jun 201526,61756.152.88$76,733
May 201512,70155.212.96$37,537
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 20156,95944.662.98$20,711
Jan 20158,57543.433.10$26,588
Dec 2014054.693.59$0
Nov 20147,94070.464.25$33,760
Oct 201420,10678.303.90$78,433
Sep 201419,13486.164.05$77,405
Aug 20149,23289.394.04$37,252
Jul 201415,58196.564.18$65,122
Jun 201413,06698.164.74$61,892
May 201420,33394.734.73$96,105
Apr 201421,27995.944.81$102,333
Mar 201424,17095.895.06$122,223
Feb 201421,97397.406.19$136,057
Jan 201420,99990.404.86$102,070
Dec 201320,47091.824.35$89,136
Nov 201314,85388.853.74$55,525
Oct 201320,25097.423.78$76,532
Sep 20130104.113.72$0
Aug 201314,156104.253.52$49,866
Jul 201322,514102.523.72$83,701
Jun 201330,39894.403.93$119,568
May 201333,43094.834.15$138,704
Apr 201332,18793.964.28$137,844
Mar 201340,70593.623.91$159,273
Feb 201337,90691.233.42$129,635
Jan 201337,56591.603.42$128,469
Dec 2012586.773.42$17
Nov 2012086.953.62$0
Oct 201244,42689.383.40$151,034
Sep 201248,54994.672.92$141,685
Aug 201238,50092.662.91$111,964
Jul 201225,57885.133.02$77,266
Jun 201254,89979.822.52$138,293
May 201253,92291.612.49$134,175
Apr 201249,612101.652.00$99,065
Mar 201274,935105.052.22$166,512
Feb 201276,737101.102.57$197,233
Jan 2012101,89198.092.73$278,578
Dec 201135,75796.873.24$115,843
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
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

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                5,175 Mcf  × $  3.05 =    $15,762

────────────────────────────────────────────────────
Month total                                  $15,762

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/260424 is the state's own key, not one this site invented.