CORBETT ESTATE

Operated by PETEX (P-5 659782) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150457District 7BField 85948100CondensateGasSaveExport
Value, all time
$2.0 M
Jul 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
383
no gaps in the span
Streams
2
condensate, 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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered
1943-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.

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
CondensateDisposition2,108 bbl$37,915
GasProduction518,000 Mcf$1,937,827
Total$1,975,742

45,099 Mcf of this lease's gas, across 30 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (383)

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

383 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025014360.553.23$462
Apr 2025043962.363.54$1,555
Mar 2025045467.704.27$1,938
Feb 2025057770.884.34$2,505
Jan 2025044374.324.28$1,895
Dec 2024046768.993.12$1,458
Nov 2024045469.052.20$998
Oct 2024046771.372.28$1,065
Sep 2024036569.612.36$863
Aug 2024044175.632.06$910
Jul 2024047679.932.15$1,022
Jun 2024045978.082.63$1,209
May 2024068178.812.20$1,497
Apr 2024086884.451.66$1,440
Mar 2024094380.301.55$1,457
Feb 2024083476.091.78$1,488
Jan 2024061173.023.30$2,015
Dec 2023080771.262.61$2,107
Nov 2023089977.892.81$2,524
Oct 2023093485.443.09$2,884
Sep 2023093189.042.74$2,546
Aug 2023078880.522.67$2,106
Jul 202301,07874.852.64$2,848
Jun 2023096968.962.26$2,188
May 202301,03870.622.23$2,312
Apr 202301,03378.122.24$2,312
Mar 202301,08872.852.39$2,604
Feb 2023094875.112.47$2,337
Jan 2023089876.533.39$3,042
Dec 2022081076.415.73$4,641
Nov 2022099085.005.65$5,590
Oct 2022099287.185.86$5,817
Sep 2022097984.888.16$7,992
Aug 2022081994.529.13$7,475
Jul 20220751101.587.54$5,664
Jun 20220518115.097.98$4,132
May 20220459109.378.43$3,871
Apr 20220751104.226.84$5,135
Mar 20220370108.885.08$1,878
Feb 2022047191.054.86$2,289
Jan 2022066581.844.54$3,018
Dec 2021061371.323.90$2,390
Nov 2021056577.435.24$2,959
Oct 202102679.795.71$149
Sep 202102169.865.35$112
Aug 202102366.024.22$97
Jul 202102470.783.98$96
Jun 202102469.493.38$81
May 202102763.483.02$81
Apr 202102860.362.76$77
Mar 202102,61661.302.72$7,108
Feb 202101,58557.805.55$8,794
Jan 2021075950.412.81$2,133
Dec 2020074544.642.68$1,993
Nov 2020055738.772.71$1,508
Oct 202001,09236.972.48$2,706
Sep 202001,01137.091.99$2,013
Aug 2020059939.982.39$1,429
Jul 2020059738.371.83$1,090
Jun 202001,01734.901.69$1,719
May 2020081916.921.81$1,486
Apr 2020061814.751.80$1,115
Mar 20200030.341.86$0
Feb 2020010249.881.98$202
Jan 2020015057.252.09$314
Dec 2019075159.012.30$1,731
Nov 201901,14755.302.75$3,155
Oct 201901,27253.472.42$3,076
Sep 201901,14255.052.66$3,035
Aug 2019096453.112.30$2,221
Jul 2019028156.272.46$691
Jun 2019066352.782.49$1,652
May 2019076458.482.74$2,094
Apr 201901,03962.632.75$2,858
Mar 201901,03056.803.06$3,154
Feb 201901,04950.852.79$2,929
Jan 201901,05846.033.23$3,415
Dec 2018076546.594.19$3,202
Nov 201801,11852.934.24$4,737
Oct 201801,21761.443.40$4,135
Sep 201801,07459.543.11$3,338
Aug 201801,08459.403.07$3,324
Jul 201801,11265.142.93$3,260
Jun 201801,12060.183.08$3,446
May 201801,26665.382.90$3,672
Apr 2018078863.842.90$2,286
Mar 2018081861.222.79$2,280
Feb 2018078661.782.77$2,174
Jan 2018067362.874.01$2,698
Dec 2017082257.272.92$2,401
Nov 201701,01555.423.12$3,165
Oct 201701,20749.292.98$3,601
Sep 201701,13347.523.09$3,498
Aug 201701,05545.373.00$3,170
Jul 2017087843.873.09$2,711
Jun 201701,19042.493.09$3,674
May 201701,25545.373.26$4,096
Apr 201701,06147.933.21$3,408
Mar 201701,01446.772.98$3,025
Feb 201701,01350.452.95$2,991
Jan 2017096349.413.42$3,292
Dec 201601,22948.763.72$4,575
Nov 201601,04642.492.64$2,766
Oct 201601,33646.193.09$4,129
Sep 201601,26341.553.10$3,916
Aug 201601,31541.442.92$3,846
Jul 201601,27641.622.92$3,731
Jun 201601,05245.352.69$2,825
May 2016095942.521.99$1,909
Apr 201601,12036.561.99$2,230
Mar 201601,30033.011.79$2,332
Feb 201601,29626.472.06$2,674
Jan 201601,24527.352.36$2,944
Dec 201501,18032.362.00$2,362
Nov 201501,28438.792.17$2,783
Oct 201501,16643.552.43$2,829
Sep 201501,13042.992.76$3,117
Aug 201501,35740.162.87$3,898
Jul 201501,34348.152.95$3,955
Jun 201501,29656.152.88$3,736
May 201501,01155.212.96$2,988
Apr 201501,28049.822.71$3,464
Mar 201501,29042.892.93$3,786
Feb 2015094744.662.98$2,818
Jan 201501,01643.433.10$3,150
Dec 2014096354.693.59$3,458
Nov 201401,19070.464.25$5,060
Oct 201401,36078.303.90$5,305
Sep 201401,28786.164.05$5,206
Aug 201401,13189.394.04$4,564
Jul 201401,20396.564.18$5,028
Jun 201401,16398.164.74$5,509
May 201401,29294.734.73$6,107
Apr 201401,27795.944.81$6,141
Mar 201401,17895.895.06$5,957
Feb 201401,05597.406.19$6,533
Jan 201401,12690.404.86$5,473
Dec 2013086091.824.35$3,745
Nov 2013084888.853.74$3,170
Oct 2013085697.423.78$3,235
Sep 201301,264104.113.72$4,699
Aug 201301,252104.253.52$4,410
Jul 201301,107102.523.72$4,116
Jun 201301,33794.403.93$5,259
May 201301,29994.834.15$5,390
Apr 201301,35193.964.28$5,786
Mar 201301,42293.623.91$5,564
Feb 201301,14991.233.42$3,929
Jan 201301,26591.603.42$4,326
Dec 201201,21386.773.42$4,149
Nov 201201,18586.953.62$4,296
Oct 2012096689.383.40$3,284
Sep 2012070194.672.92$2,046
Aug 2012084192.662.91$2,446
Jul 2012085285.133.02$2,574
Jun 2012092579.822.52$2,330
May 201201,01291.612.49$2,518
Apr 20120921101.652.00$1,839
Mar 20120902105.052.22$2,004
Feb 20120997101.102.57$2,563
Jan 201201,20798.092.73$3,300
Dec 201101,10996.873.24$3,593
Nov 2011077795.723.31$2,573
Oct 201101,31284.983.65$4,787
Sep 201101,14683.623.99$4,568
Aug 2011091083.404.15$3,776
Jul 2011099294.144.52$4,481
Jun 201101,17292.904.64$5,438
May 201101,38098.134.40$6,079
Apr 201101,211105.964.33$5,248
Mar 201101,37096.364.06$5,559
Feb 201101,11185.644.18$4,644
Jan 2011084286.504.59$3,864
Dec 201001,07685.734.35$4,678
Nov 201001,11680.843.80$4,236
Oct 201001,16378.103.51$4,081
Sep 201001,23672.633.98$4,919
Aug 201001,34573.684.42$5,944
Jul 201001,27772.554.74$6,049
Jun 201001,29370.364.91$6,349
May 201001,35471.124.24$5,734
Apr 201001,25181.694.12$5,157
Mar 201001,29978.394.39$5,701
Feb 201001,14473.585.44$6,226
Jan 201001,11674.365.96$6,656
Dec 200901,19871.445.48$6,570
Nov 200901,20874.593.75$4,532
Oct 200901,44072.544.11$5,919
Sep 200901,24865.543.06$3,825
Aug 200901,56867.423.22$5,047
Jul 200901,44761.133.46$5,013
Jun 200901,37866.163.90$5,367
May 200901,36554.743.93$5,359
Apr 200901,45046.773.59$5,202
Mar 200901,54142.144.06$6,255
Feb 200901,29732.814.63$6,009
Jan 200901,52535.865.37$8,191
Dec 200801,52037.105.98$9,085
Nov 200801,41955.496.86$9,735
Oct 200801,28775.246.92$8,909
Sep 200801,062101.767.88$8,365
Aug 200801,511114.228.48$12,818
Jul 200801,673131.0811.39$19,055
Jun 200801,650131.3313.03$21,504
May 200801,603123.1711.57$18,554
Apr 200801,706110.3110.45$17,836
Mar 200801,896101.909.66$18,323
Feb 200801,77692.538.77$15,577
Jan 200801,89390.388.21$15,533
Dec 200702,09688.337.30$15,305
Nov 200701,82791.677.29$13,322
Oct 2007062382.856.92$4,312
Sep 2007024975.846.24$1,555
Aug 200701,05069.066.39$6,707
Jul 200701,42270.906.39$9,084
Jun 200701,40262.007.55$10,583
May 200701,48858.747.85$11,675
Apr 200701,40759.617.81$10,982
Mar 200701,40356.927.30$10,245
Feb 200701,17955.108.22$9,687
Jan 200701,35950.306.73$9,142
Dec 200601,41256.656.92$9,769
Nov 200601,26854.207.62$9,659
Oct 200601,51154.906.01$9,087
Sep 200601,57260.085.04$7,918
Aug 200601,64768.717.34$12,089
Jul 200601,48669.376.34$9,425
Jun 200601,51966.286.38$9,697
May 200601,62566.016.42$10,441
Apr 200601,67764.397.36$12,344
Mar 200601,48756.707.08$10,532
Feb 200601,10857.597.75$8,588
Jan 200601,23060.598.93$10,988
Dec 200501,58654.9413.42$21,277
Nov 200501,64354.6910.59$17,397
Oct 200501,80958.3413.80$24,957
Sep 200501,68061.4512.08$20,293
Aug 200501,49361.519.80$14,627
Jul 200501,54255.697.84$12,095
Jun 200501,43952.337.38$10,621
May 200501,18545.226.65$7,882
Apr 200501,03549.207.36$7,618
Mar 200501,29850.377.15$9,287
Feb 200501,22945.226.31$7,757
Jan 200501,48843.166.32$9,407
Dec 200401,25539.866.75$8,473
Nov 200401,02545.286.33$6,489
Oct 200401,20749.706.52$7,864
Sep 200401,86143.245.28$9,833
Aug 200401,58742.375.55$8,809
Jul 200401,64638.286.08$10,015
Jun 200401,26136.106.43$8,112
May 200401,02737.486.49$6,670
Apr 200401,10334.475.86$6,462
Mar 200401,48934.365.53$8,234
Feb 200401,25832.455.51$6,931
Jan 200401,12932.036.30$7,112
Dec 200301,52930.266.30$9,635
Nov 200301,37728.804.60$6,328
Oct 200301,46528.174.76$6,973
Sep 200301,47526.314.75$7,005
Aug 200301,66729.765.13$8,551
Jul 200301,93629.415.17$10,011
Jun 200301,71528.565.98$10,261
May 200301,62526.595.97$9,706
Apr 200301,83026.675.41$9,895
Mar 200302,01031.146.10$12,253
Feb 200301,87733.487.93$14,877
Jan 200301,46330.315.58$8,167
Dec 200201,33826.914.85$6,494
Nov 200201,69424.664.14$7,008
Oct 200201,59826.464.23$6,758
Sep 200201,07727.443.64$3,915
Aug 200201,30925.963.16$4,142
Jul 200201,57024.583.06$4,807
Jun 200201,59323.733.34$5,318
May 200201,01324.663.58$3,631
Apr 200201,22323.653.51$4,296
Mar 200201,91522.003.10$5,942
Feb 200202,02018.222.38$4,799
Jan 200202,11217.172.38$5,017
Dec 200101,35116.932.36$3,194
Nov 200101,90218.072.41$4,575
Oct 200101,64219.782.53$4,152
Sep 200101,72624.262.25$3,886
Aug 200101,80324.873.05$5,505
Jul 200101,22123.933.20$3,904
Jun 200101,01824.563.82$3,893
May 2001099725.524.31$4,294
Apr 2001098024.685.34$5,229
Mar 200101,00424.545.38$5,398
Feb 2001091027.755.77$5,248
Jan 200101,05127.478.40$8,827
Dec 200001,07726.889.12$9,825
Nov 200001,02432.215.66$5,794
Oct 200001,08031.235.15$5,557
Sep 200001,03331.875.19$5,358
Aug 200001,02629.644.54$4,659
Jul 200001,03628.534.09$4,237
Jun 200001,14629.304.40$5,039
May 200001,86027.263.68$6,844
Apr 200001,83624.513.12$5,721
Mar 200001,70128.422.86$4,864
Feb 200001,51427.622.73$4,128
Jan 200001,93425.272.48$4,797
Dec 199901,94124.282.42$4,704
Nov 199902,00423.192.43$4,878
Oct 199902,18520.982.80$6,126
Sep 199902,21621.752.62$5,803
Aug 199901,74519.262.88$5,018
Jul 199902,25117.892.37$5,340
Jun 199902,08015.942.36$4,913
May 199902,43815.792.32$5,659
Apr 199902,63415.102.21$5,816
Mar 199902,20812.471.84$4,059
Feb 199902,6429.981.82$4,803
Jan 199903,40610.381.90$6,471
Dec 199802,6839.201.77$4,758
Nov 199803,29410.892.19$7,200
Oct 199803,89912.421.97$7,678
Sep 199803,22012.592.08$6,706
Aug 199805,58611.301.91$10,654
Jul 199805,76711.742.24$12,902
Jun 199804,72711.242.24$10,576
May 199804,88912.622.21$10,787
Apr 199805,41313.042.51$13,561
Mar 1998175,58312.802.31$13,111
Feb 199805,22813.952.30$12,020
Jan 199805,63914.702.15$12,151
Dec 199706,04116.322.41$14,565
Nov 199706,55218.193.09$20,234
Oct 199704,14519.253.15$13,056
Sep 199705,17017.742.95$15,277
Aug 199704,99817.862.55$12,769
Jul 19971326,14117.582.25$16,119
Jun 199702,87117.242.26$6,480
May 199701,36518.972.31$3,151
Apr 19971551,05017.882.08$4,958
Mar 199701,12218.951.94$2,176
Feb 199701,13020.492.21$2,493
Jan 199701,34323.483.54$4,754
Dec 19961791,01923.32$4,174
Nov 199601,13421.97$0
Oct 199601,31423.31$0
Sep 19961581,10222.22$3,511
Aug 199601,38820.26$0
Jul 19961191,09819.55$2,326
Jun 19961601,12918.73$2,997
May 199601,45819.43$0
Apr 199601,03821.51$0
Mar 19961661,44519.38$3,217
Feb 199601,18516.98$0
Jan 199601,18017.07$0
Dec 199501,31617.19$0
Nov 19951771,53116.00$2,832
Oct 199501,30215.43$0
Sep 199501,45216.18$0
Aug 199501,79315.92$0
Jul 19951851,37215.24$2,819
Jun 199501,51116.41$0
May 199501,63317.56$0
Apr 19951691,46317.73$2,996
Mar 199501,60016.44$0
Feb 199501,51616.58$0
Jan 19951821,72615.92$2,897
Dec 199401,66115.03$0
Nov 19941811,81315.90$2,878
Oct 199401,98715.58$0
Sep 19941282,15115.29$1,957
Aug 199402,41016.13$0
Jul 199402,37217.56$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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.55 =         $0
Gas                  143 Mcf  × $  3.23 =       $462

────────────────────────────────────────────────────
Month total                                     $462

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. 7B/G/150457 is the state's own key, not one this site invented.