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 285434District 09Field 65280200GasSaveExport
Value, all time
$13.6 M
Sep 2018 – May 2026
Value, last 12 filed months
$894 k
at the published price for each month
Months reported
93
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
GasProduction4,199,867 Mcf$13,581,136
Total$13,581,136

Every month this lease reported (93)

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

93 months

May 202619,530106.413.05$59,485
Apr 202619,02598.932.87$54,596
Mar 202619,87189.753.15$62,583
Feb 202617,88063.503.75$67,056
Jan 202618,38059.138.00$147,002
Dec 202520,60356.664.41$90,928
Nov 202520,29558.593.93$79,687
Oct 202519,97259.383.30$66,004
Sep 202520,87962.743.08$64,243
Aug 202520,07063.933.01$60,506
Jul 202519,95066.743.32$66,138
Jun 202524,24566.483.13$75,856
May 202526,24360.553.23$84,826
Apr 202524,96762.363.54$88,461
Mar 202520,85267.704.27$89,003
Feb 20255,95070.884.34$25,828
Jan 20254,62674.324.28$19,793
Dec 20245,66468.993.12$17,679
Nov 20247,24169.052.20$15,919
Oct 202412,57271.372.28$28,682
Sep 202423,95569.612.36$56,638
Aug 202426,37175.632.06$54,420
Jul 202426,15979.932.15$56,153
Jun 202424,76278.082.63$65,223
May 202421,97078.812.20$48,300
Apr 202426,89584.451.66$44,624
Mar 202429,45680.301.55$45,513
Feb 202427,90276.091.78$49,767
Jan 202431,13373.023.30$102,666
Dec 202331,24371.262.61$81,567
Nov 202330,79077.892.81$86,445
Oct 202331,52085.443.09$97,311
Sep 202331,09989.042.74$85,057
Aug 202332,56480.522.67$87,040
Jul 202333,52574.852.64$88,566
Jun 202332,96668.962.26$74,453
May 202334,85870.622.23$77,643
Apr 202334,03678.122.24$76,164
Mar 202336,16072.852.39$86,537
Feb 202333,31375.112.47$82,139
Jan 202334,68676.533.39$117,506
Dec 202236,96776.415.73$211,787
Nov 202236,20485.005.65$204,415
Oct 202236,57987.185.86$214,490
Sep 202237,13284.888.16$303,134
Aug 202238,54994.529.13$351,843
Jul 202238,926101.587.54$293,583
Jun 202237,612115.097.98$300,038
May 202238,348109.378.43$323,390
Apr 202238,039104.226.84$260,095
Mar 202238,069108.885.08$193,253
Feb 202237,59891.054.86$182,683
Jan 202241,65481.844.54$189,013
Dec 202143,43671.323.90$169,362
Nov 202143,32677.435.24$226,892
Oct 202146,42379.795.71$265,255
Sep 202145,17769.865.35$241,739
Aug 202147,42066.024.22$200,140
Jul 202150,30570.783.98$200,319
Jun 202149,84569.493.38$168,507
May 202152,85663.483.02$159,502
Apr 202152,09860.362.76$143,708
Mar 202155,66761.302.72$151,244
Feb 202145,79557.805.55$254,068
Jan 202158,14350.412.81$163,398
Dec 202059,35644.642.68$158,805
Nov 202058,38938.772.71$158,034
Oct 202060,57436.972.48$150,128
Sep 202060,96137.091.99$121,376
Aug 202065,90339.982.39$157,185
Jul 202068,77438.371.83$125,521
Jun 202068,99934.901.69$116,630
May 202075,01316.921.81$136,130
Apr 202071,97114.751.80$129,863
Mar 202060,52430.341.86$112,346
Feb 202059,21649.881.98$117,287
Jan 202065,31957.252.09$136,826
Dec 201970,83059.012.30$163,218
Nov 201975,62755.302.75$208,027
Oct 201980,86653.472.42$195,578
Sep 201990,24355.052.66$239,801
Aug 2019102,56253.112.30$236,340
Jul 2019113,83456.272.46$280,038
Jun 2019126,20352.782.49$314,397
May 2019144,82958.482.74$396,878
Apr 2019156,39262.632.75$430,187
Mar 2019185,51656.803.06$568,069
Feb 2019162,29950.852.79$453,175
Jan 201985,32146.033.23$275,432
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$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               19,530 Mcf  × $  3.05 =    $59,485

────────────────────────────────────────────────────
Month total                                  $59,485

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/285434 is the state's own key, not one this site invented.