THOROUGHBRED

Operated by GHA BARNETT, LLC (P-5 302578) 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 284019District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
Feb 2018 – May 2026
Value, last 12 filed months
$548 k
at the published price for each month
Months reported
100
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
GasProduction2,407,085 Mcf$7,948,129
Total$7,948,129

Every month this lease reported (100)

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

100 months

May 202612,364106.413.05$37,659
Apr 202611,65298.932.87$33,438
Mar 202613,21689.753.15$41,623
Feb 202610,66163.503.75$39,982
Jan 20269,79859.138.00$78,364
Dec 202513,99056.664.41$61,743
Nov 202513,46858.593.93$52,881
Oct 202512,59359.383.30$41,618
Sep 202513,76762.743.08$42,360
Aug 20259,81963.933.01$29,602
Jul 202511,46166.743.32$37,996
Jun 202516,32466.483.13$51,073
May 202515,56460.553.23$50,308
Apr 202516,68462.363.54$59,113
Mar 202517,55967.704.27$74,947
Feb 202516,36070.884.34$71,016
Jan 202518,71674.324.28$80,080
Dec 202420,39768.993.12$63,667
Nov 202414,11569.052.20$31,031
Oct 202413,84871.372.28$31,593
Sep 202416,83369.612.36$39,799
Aug 202421,60675.632.06$44,587
Jul 202424,68679.932.15$52,991
Jun 202419,89078.082.63$52,390
May 20241,92678.812.20$4,234
Apr 20241,39584.451.66$2,315
Mar 20241,19980.301.55$1,853
Feb 20247,83976.091.78$13,982
Jan 202417,42773.023.30$57,468
Dec 202317,88371.262.61$46,688
Nov 202319,06677.892.81$53,529
Oct 202324,10985.443.09$74,431
Sep 202325,10589.042.74$68,663
Aug 202325,30780.522.67$67,643
Jul 202321,55874.852.64$56,952
Jun 202324,18668.962.26$54,624
May 202322,58670.622.23$50,308
Apr 202317,06378.122.24$38,183
Mar 202317,33372.852.39$41,481
Feb 202315,83575.112.47$39,044
Jan 202318,07676.533.39$61,236
Dec 202217,24076.415.73$98,769
Nov 202216,44585.005.65$92,852
Oct 202216,50987.185.86$96,805
Sep 202216,86384.888.16$137,664
Aug 202218,25594.529.13$166,616
Jul 202219,655101.587.54$148,240
Jun 202218,183115.097.98$145,049
May 202218,132109.378.43$152,908
Apr 202218,188104.226.84$124,362
Mar 202219,381108.885.08$98,386
Feb 202217,96391.054.86$87,279
Jan 202219,96481.844.54$90,590
Dec 202119,77471.323.90$77,101
Nov 202118,63377.435.24$97,578
Oct 202120,68479.795.71$118,186
Sep 202120,55869.865.35$110,004
Aug 202121,58366.024.22$91,093
Jul 202122,60470.783.98$90,011
Jun 202122,84969.493.38$77,244
May 202123,82663.483.02$71,899
Apr 202121,82760.362.76$60,208
Mar 202122,42461.302.72$60,925
Feb 202119,09457.805.55$105,933
Jan 202123,55350.412.81$66,190
Dec 202023,80344.642.68$63,684
Nov 202024,13638.772.71$65,326
Oct 202023,10936.972.48$57,274
Sep 202024,79437.091.99$49,366
Aug 202026,13439.982.39$62,332
Jul 202026,55438.371.83$48,464
Jun 202025,85634.901.69$43,705
May 202026,37116.921.81$47,857
Apr 202025,82914.751.80$46,605
Mar 202027,60530.341.86$51,241
Feb 202026,41849.881.98$52,325
Jan 202029,00757.252.09$60,762
Dec 201929,71459.012.30$68,472
Nov 201929,49355.302.75$81,126
Oct 201930,00353.472.42$72,563
Sep 201930,24255.052.66$80,361
Aug 201932,04753.112.30$73,848
Jul 201932,96456.272.46$81,093
Jun 201932,94352.782.49$82,068
May 201934,94358.482.74$95,755
Apr 201934,70362.632.75$95,458
Mar 201936,99756.803.06$113,289
Feb 201933,37850.852.79$93,199
Jan 201938,39246.033.23$123,936
Dec 201841,26146.594.19$172,695
Nov 201841,70052.934.24$176,693
Oct 201845,34661.443.40$154,089
Sep 201840,68159.543.11$126,437
Aug 201848,55459.403.07$148,894
Jul 201852,61765.142.93$154,267
Jun 201856,87360.183.08$174,994
May 201866,03465.382.90$191,551
Apr 201871,65963.842.90$207,868
Mar 201880,44661.222.79$224,190
Feb 201839,02861.782.77$107,956

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               12,364 Mcf  × $  3.05 =    $37,659

────────────────────────────────────────────────────
Month total                                  $37,659

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/284019 is the state's own key, not one this site invented.