CORNERSTONE NORTH

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 260915District 09Field 65280200GasSaveExport
Value, all time
$23.6 M
May 2011 – May 2026
Value, last 12 filed months
$547 k
at the published price for each month
Months reported
181
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
GasProduction6,923,208 Mcf$23,561,672
Total$23,561,672

Every month this lease reported (181)

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

181 months

May 202611,820106.413.05$36,002
Apr 202612,18098.932.87$34,953
Mar 202612,84389.753.15$40,448
Feb 202611,82563.503.75$44,348
Jan 202611,41259.138.00$91,272
Dec 202513,30256.664.41$58,707
Nov 202512,88358.593.93$50,584
Oct 202512,16759.383.30$40,210
Sep 202511,22662.743.08$34,542
Aug 202512,36063.933.01$37,262
Jul 202511,92766.743.32$39,540
Jun 202512,47566.483.13$39,031
May 202514,32460.553.23$46,300
Apr 202514,20862.363.54$50,341
Mar 202514,45567.704.27$61,699
Feb 202512,35270.884.34$53,618
Jan 202514,84874.324.28$63,530
Dec 202415,05768.993.12$46,998
Nov 202414,52369.052.20$31,928
Oct 202413,80271.372.28$31,488
Sep 202414,34469.612.36$33,914
Aug 202415,10275.632.06$31,165
Jul 202415,37879.932.15$33,010
Jun 202414,27978.082.63$37,611
May 202415,20678.812.20$33,429
Apr 202414,99384.451.66$24,876
Mar 202415,40780.301.55$23,806
Feb 202414,65876.091.78$26,145
Jan 202415,59173.023.30$51,414
Dec 202315,10971.262.61$39,445
Nov 202315,34577.892.81$43,082
Oct 202316,20085.443.09$50,014
Sep 202316,43589.042.74$44,950
Aug 202317,09380.522.67$45,688
Jul 202317,02774.852.64$44,982
Jun 202316,86668.962.26$38,092
May 202317,62270.622.23$39,251
Apr 202317,53178.122.24$39,230
Mar 202318,28472.852.39$43,757
Feb 202317,26775.112.47$42,575
Jan 202317,83176.533.39$60,406
Dec 202218,59476.415.73$106,527
Nov 202218,42185.005.65$104,009
Oct 202218,62987.185.86$109,236
Sep 202218,26884.888.16$149,134
Aug 202220,14594.529.13$183,867
Jul 202220,895101.587.54$157,592
Jun 202220,900115.097.98$166,723
May 202220,879109.378.43$176,073
Apr 202220,660104.226.84$141,265
Mar 202220,567108.885.08$104,406
Feb 202220,32791.054.86$98,766
Jan 202222,18181.844.54$100,650
Dec 202122,51971.323.90$87,804
Nov 202122,27677.435.24$116,656
Oct 202123,51579.795.71$134,362
Sep 202121,88569.865.35$117,105
Aug 202123,71066.024.22$100,070
Jul 202124,21770.783.98$96,434
Jun 202124,01469.493.38$81,182
May 202123,94063.483.02$72,243
Apr 202123,92560.362.76$65,995
Mar 202126,80461.302.72$72,825
Feb 202120,85557.805.55$115,703
Jan 202126,25350.412.81$73,778
Dec 202026,96444.642.68$72,141
Nov 202026,75738.772.71$72,420
Oct 202027,60636.972.48$68,420
Sep 202027,49737.091.99$54,748
Aug 202028,68239.982.39$68,409
Jul 202029,00538.371.83$52,938
Jun 202028,64434.901.69$48,417
May 202030,42016.921.81$55,205
Apr 202030,04214.751.80$54,207
Mar 202031,78230.341.86$58,995
Feb 202030,68249.881.98$60,771
Jan 202033,79557.252.09$70,792
Dec 201934,82359.012.30$80,245
Nov 201933,95655.302.75$93,403
Oct 201935,33453.472.42$85,457
Sep 201935,73955.052.66$94,969
Aug 201938,34753.112.30$88,365
Jul 201939,87756.272.46$98,100
Jun 201940,45352.782.49$100,777
May 201944,85458.482.74$122,914
Apr 201946,45162.632.75$127,773
Mar 201953,17856.803.06$162,836
Feb 201961,61250.852.79$172,034
Jan 201950,12746.033.23$161,819
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 201813,09260.183.08$40,283
May 201827,96665.382.90$81,124
Apr 201826,01563.842.90$75,464
Mar 201824,80861.222.79$69,136
Feb 201825,19461.782.77$69,690
Jan 201830,14862.874.01$120,873
Dec 201730,08957.272.92$87,906
Nov 201727,45055.423.12$85,599
Oct 201732,27149.292.98$96,286
Sep 201728,74647.523.09$88,747
Aug 201732,27345.373.00$96,961
Jul 201731,56443.873.09$97,447
Jun 201729,61542.493.09$91,430
May 201733,49745.373.26$109,314
Apr 201733,55147.933.21$107,752
Mar 201735,32146.772.98$105,387
Feb 201732,38450.452.95$95,617
Jan 201736,28849.413.42$124,061
Dec 201637,01048.763.72$137,782
Nov 201635,82242.492.64$94,726
Oct 201637,79446.193.09$116,793
Sep 201635,24241.553.10$109,272
Aug 201638,76341.442.92$113,356
Jul 201639,88841.622.92$116,646
Jun 201639,90345.352.69$107,173
May 201640,90442.521.99$81,442
Apr 201640,90136.561.99$81,436
Mar 201644,11433.011.79$79,141
Feb 201640,48226.472.06$83,540
Jan 201645,18927.352.36$106,843
Dec 201546,23132.362.00$92,527
Nov 201544,62438.792.17$96,715
Oct 201543,96043.552.43$106,672
Sep 201547,61542.992.76$131,342
Aug 201550,23640.162.87$144,302
Jul 201547,95648.152.95$141,234
Jun 201549,33456.152.88$142,223
May 201549,93655.212.96$147,583
Apr 201549,70349.822.71$134,525
Mar 201551,87342.892.93$152,232
Feb 201550,07144.662.98$149,021
Jan 201552,73843.433.10$163,521
Dec 201456,32854.693.59$202,294
Nov 201453,95270.464.25$229,395
Oct 201455,89978.303.90$218,060
Sep 201456,42186.164.05$228,248
Aug 201459,18089.394.04$238,798
Jul 201459,11396.564.18$247,069
Jun 201458,09498.164.74$275,184
May 201463,83994.734.73$301,739
Apr 201463,75195.944.81$306,586
Mar 201465,45695.895.06$330,998
Feb 201462,44997.406.19$386,684
Jan 201470,34490.404.86$341,922
Dec 201373,88891.824.35$321,744
Nov 201373,18988.853.74$273,601
Oct 201379,31797.423.78$299,768
Sep 201373,251104.113.72$272,328
Aug 201383,849104.253.52$295,367
Jul 201387,345102.523.72$324,726
Jun 201387,90594.403.93$345,766
May 201392,28894.834.15$382,910
Apr 201396,33093.964.28$412,542
Mar 2013104,44993.623.91$408,695
Feb 201396,93991.233.42$331,523
Jan 2013115,77891.603.42$395,950
Dec 2012121,34586.773.42$415,019
Nov 2012126,13386.953.62$457,227
Oct 201292,56689.383.40$314,695
Sep 2012115,71694.672.92$337,706
Aug 201294,63192.662.91$275,202
Jul 201272,29985.133.02$218,401
Jun 201229,37979.822.52$74,007
May 201241,69091.612.49$103,738
Apr 20120101.652.00$0
Mar 201224,341105.052.22$54,088
Feb 201247,202101.102.57$121,320
Jan 2012103,75398.092.73$283,669
Dec 2011170,56596.873.24$552,586
Nov 2011186,92395.723.31$618,954
Oct 2011185,19884.983.65$675,702
Sep 201180,20683.623.99$319,685
Aug 201122,51783.404.15$93,430
Jul 201131,06794.144.52$140,337
Jun 20119,19992.904.64$42,682
May 2011098.134.40$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               11,820 Mcf  × $  3.05 =    $36,002

────────────────────────────────────────────────────
Month total                                  $36,002

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/260915 is the state's own key, not one this site invented.