COLT

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 276571District 09Field 65280200GasSaveExport
Value, all time
$12.5 M
Dec 2014 – May 2026
Value, last 12 filed months
$742 k
at the published price for each month
Months reported
138
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
GasProduction3,996,838 Mcf$12,502,161
Total$12,502,161

Every month this lease reported (138)

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

138 months

May 202615,108106.413.05$46,017
Apr 202614,34098.932.87$41,152
Mar 202615,20189.753.15$47,875
Feb 202614,46263.503.75$54,237
Jan 202616,36159.138.00$130,854
Dec 202517,39356.664.41$76,762
Nov 202517,11058.593.93$67,181
Oct 202518,05259.383.30$59,659
Sep 202517,86862.743.08$54,978
Aug 202517,83563.933.01$53,768
Jul 202517,57866.743.32$58,275
Jun 202516,30666.483.13$51,017
May 202516,78760.553.23$54,261
Apr 202516,23462.363.54$57,519
Mar 202517,76767.704.27$75,835
Feb 202516,19370.884.34$70,291
Jan 202519,06374.324.28$81,564
Dec 202418,10968.993.12$56,525
Nov 202417,30469.052.20$38,042
Oct 202417,33671.372.28$39,550
Sep 202417,04669.612.36$40,303
Aug 202417,73975.632.06$36,607
Jul 202417,76479.932.15$38,132
Jun 202417,02478.082.63$44,841
May 202418,09378.812.20$39,776
Apr 202417,02984.451.66$28,255
Mar 202417,79080.301.55$27,488
Feb 202417,28576.091.78$30,830
Jan 202418,22473.023.30$60,097
Dec 202318,15871.262.61$47,405
Nov 202318,15477.892.81$50,968
Oct 202318,47785.443.09$57,044
Sep 202317,75489.042.74$48,558
Aug 202318,74880.522.67$50,111
Jul 202317,99474.852.64$47,537
Jun 202318,24968.962.26$41,215
May 202319,61670.622.23$43,693
Apr 202316,50878.122.24$36,941
Mar 202319,74872.852.39$47,260
Feb 202318,11875.112.47$44,673
Jan 202320,46876.533.39$69,340
Dec 202220,42876.415.73$117,034
Nov 202220,28485.005.65$114,528
Oct 202220,84087.185.86$122,201
Sep 202220,24284.888.16$165,249
Aug 202219,99494.529.13$182,488
Jul 202219,563101.587.54$147,546
Jun 202220,533115.097.98$163,796
May 202220,881109.378.43$176,090
Apr 202221,267104.226.84$145,415
Mar 202221,655108.885.08$109,929
Feb 202221,42291.054.86$104,086
Jan 202223,61681.844.54$107,162
Dec 202123,63971.323.90$92,171
Nov 202122,99277.435.24$120,406
Oct 202123,45779.795.71$134,030
Sep 202122,99169.865.35$123,023
Aug 202124,77466.024.22$104,561
Jul 202124,91970.783.98$99,229
Jun 202123,69769.493.38$80,111
May 202117,68663.483.02$53,371
Apr 202114,98360.362.76$41,329
Mar 202114,92861.302.72$40,558
Feb 202119,46957.805.55$108,013
Jan 202123,55250.412.81$66,187
Dec 202024,44844.642.68$65,410
Nov 202023,65438.772.71$64,021
Oct 202024,95336.972.48$61,844
Sep 202023,24337.091.99$46,278
Aug 202023,98539.982.39$57,207
Jul 202023,71438.371.83$43,281
Jun 202022,77234.901.69$38,492
May 202023,23416.921.81$42,164
Apr 202023,26614.751.80$41,981
Mar 202024,28330.341.86$45,075
Feb 202022,22949.881.98$44,028
Jan 202024,51757.252.09$51,357
Dec 201924,11359.012.30$55,565
Nov 201926,90855.302.75$74,016
Oct 201928,23053.472.42$68,275
Sep 201924,82255.052.66$65,959
Aug 201920,64653.112.30$47,576
Jul 201927,86956.272.46$68,559
Jun 201927,04352.782.49$67,370
May 201928,95058.482.74$79,332
Apr 201928,22062.632.75$77,625
Mar 201929,12556.803.06$89,184
Feb 201920,58950.852.79$57,489
Jan 201921,65046.033.23$69,890
Dec 201823,44946.594.19$98,144
Nov 201825,10652.934.24$106,380
Oct 201826,13761.443.40$88,816
Sep 201825,06059.543.11$77,886
Aug 201829,77759.403.07$91,313
Jul 201828,40065.142.93$83,265
Jun 201823,29260.183.08$71,668
May 201832,14765.382.90$93,252
Apr 201835,22963.842.90$102,192
Mar 201837,89961.222.79$105,618
Feb 201835,92861.782.77$99,381
Jan 201836,03262.874.01$144,464
Dec 201733,80557.272.92$98,762
Nov 201732,90955.423.12$102,622
Oct 201733,99149.292.98$101,418
Sep 201734,11247.523.09$105,313
Aug 201738,81145.373.00$116,604
Jul 201738,66343.873.09$119,364
Jun 201738,44442.493.09$118,687
May 201740,03145.373.26$130,637
Apr 201739,71447.933.21$127,545
Mar 201741,32246.772.98$123,292
Feb 201738,35150.452.95$113,235
Jan 201743,78849.413.42$149,702
Dec 201643,60948.763.72$162,349
Nov 201641,80942.492.64$110,558
Oct 201635,63446.193.09$110,118
Sep 201639,63941.553.10$122,906
Aug 201643,48741.442.92$127,171
Jul 201647,35541.622.92$138,482
Jun 201648,58245.352.69$130,483
May 201646,24342.521.99$92,072
Apr 201642,87036.561.99$85,356
Mar 201646,05633.011.79$82,625
Feb 201646,75926.472.06$96,493
Jan 201655,50327.352.36$131,229
Dec 201557,73232.362.00$115,545
Nov 201559,87138.792.17$129,760
Oct 201569,62843.552.43$168,958
Sep 201571,32242.992.76$196,736
Aug 201576,85740.162.87$220,771
Jul 201596,12648.152.95$283,099
Jun 2015114,47356.152.88$330,010
May 2015138,16255.212.96$408,331
Apr 2015114,01049.822.71$308,576
Mar 201532,04642.892.93$94,046
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$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               15,108 Mcf  × $  3.05 =    $46,017

────────────────────────────────────────────────────
Month total                                  $46,017

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/276571 is the state's own key, not one this site invented.