CORNERSTONE NS

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 285433District 09Field 65280200GasSaveExport
Value, all time
$13.7 M
Aug 2018 – May 2026
Value, last 12 filed months
$767 k
at the published price for each month
Months reported
94
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
GasProduction4,231,602 Mcf$13,696,419
Total$13,696,419

Every month this lease reported (94)

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

94 months

May 20268,789106.413.05$26,770
Apr 2026098.932.87$0
Mar 20267,42589.753.15$23,385
Feb 202612,42963.503.75$46,613
Jan 202618,65659.138.00$149,209
Dec 202520,65756.664.41$91,167
Nov 202520,30658.593.93$79,730
Oct 202521,31059.383.30$70,426
Sep 202520,78362.743.08$63,948
Aug 202522,42863.933.01$67,615
Jul 202522,65266.743.32$75,096
Jun 202523,44166.483.13$73,340
May 202525,47460.553.23$82,340
Apr 202525,32362.363.54$89,722
Mar 202525,54367.704.27$109,026
Feb 202523,11570.884.34$100,339
Jan 202525,97874.324.28$111,152
Dec 202426,57368.993.12$82,944
Nov 202424,45669.052.20$53,765
Oct 202423,76171.372.28$54,208
Sep 202425,27869.612.36$59,766
Aug 202427,75275.632.06$57,270
Jul 202428,30279.932.15$60,753
Jun 202427,79078.082.63$73,198
May 202429,51878.812.20$64,894
Apr 202429,20384.451.66$48,454
Mar 202430,41780.301.55$46,998
Feb 202428,35076.091.78$50,566
Jan 202430,52173.023.30$100,648
Dec 202330,72771.262.61$80,220
Nov 202329,88177.892.81$83,893
Oct 202330,85785.443.09$95,264
Sep 202329,87289.042.74$81,701
Aug 202332,14380.522.67$85,914
Jul 202332,89974.852.64$86,913
Jun 202331,49568.962.26$71,131
May 202333,84970.622.23$75,395
Apr 202334,33378.122.24$76,829
Mar 202335,91972.852.39$85,960
Feb 202330,00075.112.47$73,970
Jan 202334,39876.533.39$116,531
Dec 202236,82876.415.73$210,991
Nov 202235,05385.005.65$197,916
Oct 202235,92587.185.86$210,656
Sep 202236,51984.888.16$298,129
Aug 202238,26894.529.13$349,278
Jul 202239,717101.587.54$299,549
Jun 202239,161115.097.98$312,395
May 202241,051109.378.43$346,185
Apr 202240,286104.226.84$275,460
Mar 202240,398108.885.08$205,076
Feb 202239,72091.054.86$192,993
Jan 202243,86681.844.54$199,050
Dec 202145,19471.323.90$176,217
Nov 202144,92877.435.24$235,281
Oct 202144,27679.795.71$252,987
Sep 202142,03969.865.35$224,947
Aug 202149,24166.024.22$207,826
Jul 202150,38970.783.98$200,653
Jun 202149,87069.493.38$168,592
May 202152,66863.483.02$158,935
Apr 202152,55560.362.76$144,969
Mar 202156,23261.302.72$152,779
Feb 202144,77557.805.55$248,409
Jan 202156,34050.412.81$158,331
Dec 202058,24544.642.68$155,832
Nov 202057,88438.772.71$156,667
Oct 202059,53636.972.48$147,556
Sep 202061,49337.091.99$122,435
Aug 202065,90739.982.39$157,195
Jul 202068,57138.371.83$125,150
Jun 202068,44634.901.69$115,695
May 202072,90416.921.81$132,303
Apr 202072,98414.751.80$131,691
Mar 202074,86330.341.86$138,963
Feb 202072,08549.881.98$142,777
Jan 202079,58657.252.09$166,712
Dec 201982,73259.012.30$190,644
Nov 201981,88655.302.75$225,244
Oct 201975,53153.472.42$182,675
Sep 201984,60455.052.66$224,817
Aug 201995,32353.112.30$219,659
Jul 2019105,50356.272.46$259,544
Jun 2019115,27452.782.49$287,171
May 2019138,74358.482.74$380,200
Apr 2019151,58362.632.75$416,959
Mar 2019175,19156.803.06$536,452
Feb 2019156,16650.852.79$436,050
Jan 201958,66046.033.23$189,365
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

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                8,789 Mcf  × $  3.05 =    $26,770

────────────────────────────────────────────────────
Month total                                  $26,770

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/285433 is the state's own key, not one this site invented.