SOUTHERN UNIT

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the RUNNING W (WADDELL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40892District 08Field 78936800Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
401
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 34 leases and 213 wells, and the rule below applies to all of them.

Discovered
1957-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: (2X265=530)

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction546,825 Mcf$2,121,748
Total$2,121,748

59,754 Mcf of this lease's gas, across 48 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.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4125, -102.6586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41246, -102.65859 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,137 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,137 ft.

Completions filed
Jan 1967
1 of 1 wells

1 well

42-103025189106,137 ftJan 1967

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months

May 20261,934106.413.05$5,891
Apr 20262,13498.932.87$6,124
Mar 20265,63889.753.15$17,757
Feb 2026063.503.75$0
Jan 20261,79259.138.00$14,332
Dec 20251,71256.664.41$7,556
Nov 20251,74858.593.93$6,863
Oct 20251,73859.383.30$5,744
Sep 20251,58662.743.08$4,880
Aug 20252,03663.933.01$6,138
Jul 20251,76866.743.32$5,861
Jun 20251,67066.483.13$5,225
May 20251,76660.553.23$5,708
Apr 20251,72662.363.54$6,115
Mar 20251,77167.704.27$7,559
Feb 20251,96970.884.34$8,547
Jan 20252,58274.324.28$11,048
Dec 20241,89168.993.12$5,903
Nov 20242,33769.052.20$5,138
Oct 20241,72171.372.28$3,926
Sep 20241,74069.612.36$4,114
Aug 20241,94175.632.06$4,006
Jul 20241,96079.932.15$4,207
Jun 20242,16278.082.63$5,695
May 20242,46378.812.20$5,415
Apr 20246,62184.451.66$10,986
Mar 20241,89080.301.55$2,920
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202332885.443.09$1,013
Sep 20231,59489.042.74$4,360
Aug 20231,79980.522.67$4,809
Jul 20231,69674.852.64$4,480
Jun 20231,64168.962.26$3,706
May 20231,81370.622.23$4,038
Apr 20232,23778.122.24$5,006
Mar 20232,13572.852.39$5,109
Feb 20231,70975.112.47$4,214
Jan 20232,45376.533.39$8,310
Dec 20221,97076.415.73$11,286
Nov 20223,52085.005.65$19,875
Oct 20224,43187.185.86$25,982
Sep 20224,20684.888.16$34,336
Aug 20222,48294.529.13$22,654
Jul 20221,638101.587.54$12,354
Jun 20221,830115.097.98$14,598
May 20222,766109.378.43$23,326
Apr 20223,439104.226.84$23,515
Mar 20223,757108.885.08$19,072
Feb 20225,57691.054.86$27,093
Jan 20225,37181.844.54$24,372
Dec 20216,58771.323.90$25,684
Nov 20216,96377.435.24$36,464
Oct 20217,10679.795.71$40,603
Sep 20217,19969.865.35$38,521
Aug 20217,75666.024.22$32,735
Jul 20218,00470.783.98$31,873
Jun 2021069.493.38$0
May 20211,83763.483.02$5,543
Apr 2021060.362.76$0
Mar 2021361.302.72$8
Feb 20211557.805.55$83
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 20203437.091.99$68
Aug 2020039.982.39$0
Jul 20204138.371.83$75
Jun 202048934.901.69$827
May 202037516.921.81$681
Apr 20201,18514.751.80$2,138
Mar 20201,34030.341.86$2,487
Feb 20201,29149.881.98$2,557
Jan 20201,27257.252.09$2,665
Dec 20191,37459.012.30$3,166
Nov 20191,27555.302.75$3,507
Oct 20191,37353.472.42$3,321
Sep 20191,25855.052.66$3,343
Aug 20191,24653.112.30$2,871
Jul 20191,25456.272.46$3,085
Jun 20191,25752.782.49$3,131
May 20191,30458.482.74$3,573
Apr 20191,32362.632.75$3,639
Mar 20191,29756.803.06$3,972
Feb 20191,12350.852.79$3,136
Jan 20191,29746.033.23$4,187
Dec 20181,21946.594.19$5,102
Nov 20181,14352.934.24$4,843
Oct 20181,19861.443.40$4,071
Sep 20181,38659.543.11$4,308
Aug 20181,39759.403.07$4,284
Jul 20181,24965.142.93$3,662
Jun 20181,21260.183.08$3,729
May 20181,24965.382.90$3,623
Apr 20181,23063.842.90$3,568
Mar 20181,27061.222.79$3,539
Feb 20181,10461.782.77$3,054
Jan 20181,35462.874.01$5,429
Dec 20171,22857.272.92$3,588
Nov 20171,24655.423.12$3,885
Oct 20171,30549.292.98$3,894
Sep 20171,18947.523.09$3,671
Aug 20171,24145.373.00$3,728
Jul 20171,25343.873.09$3,868
Jun 20171,22642.493.09$3,785
May 20171,27245.373.26$4,151
Apr 20171,22547.933.21$3,934
Mar 20171,25646.772.98$3,748
Feb 20171,14550.452.95$3,381
Jan 20171,33549.413.42$4,564
Dec 20161,40948.763.72$5,245
Nov 20161,17842.492.64$3,115
Oct 20161,26546.193.09$3,909
Sep 20161,15041.553.10$3,566
Aug 20161,19841.442.92$3,503
Jul 20161,15941.622.92$3,389
Jun 20161,27845.352.69$3,432
May 20161,20142.521.99$2,391
Apr 20161,14736.561.99$2,284
Mar 20161,20533.011.79$2,162
Feb 20161,15026.472.06$2,373
Jan 20161,19327.352.36$2,821
Dec 20151,22132.362.00$2,444
Nov 20151,13238.792.17$2,453
Oct 20151,19443.552.43$2,897
Sep 20151,14742.992.76$3,164
Aug 20151,17840.162.87$3,384
Jul 20151,16048.152.95$3,416
Jun 20151,14956.152.88$3,312
May 20151,17255.212.96$3,464
Apr 20151,09449.822.71$2,961
Mar 20151,18742.892.93$3,484
Feb 20151,10444.662.98$3,286
Jan 20151,30043.433.10$4,031
Dec 20141,20954.693.59$4,342
Nov 20141,27770.464.25$5,430
Oct 20141,16278.303.90$4,533
Sep 20141,15286.164.05$4,660
Aug 20141,16889.394.04$4,713
Jul 20141,14496.564.18$4,781
Jun 20141,21598.164.74$5,755
May 20141,20394.734.73$5,686
Apr 20141,20095.944.81$5,771
Mar 20141,12595.895.06$5,689
Feb 20141,03697.406.19$6,415
Jan 20141,13490.404.86$5,512
Dec 20131,24891.824.35$5,434
Nov 20131,11088.853.74$4,149
Oct 20131,15197.423.78$4,350
Sep 20131,269104.113.72$4,718
Aug 20131,120104.253.52$3,945
Jul 20131,047102.523.72$3,892
Jun 20131,07894.403.93$4,240
May 20131,25594.834.15$5,207
Apr 20131,16893.964.28$5,002
Mar 20131,10293.623.91$4,312
Feb 20131,01291.233.42$3,461
Jan 20131,12291.603.42$3,837
Dec 20121,16586.773.42$3,984
Nov 20121,23686.953.62$4,480
Oct 20121,23489.383.40$4,195
Sep 20121,07794.672.92$3,143
Aug 20121,16092.662.91$3,373
Jul 20121,26685.133.02$3,824
Jun 20121,02879.822.52$2,590
May 20121,10691.612.49$2,752
Apr 20121,126101.652.00$2,248
Mar 20121,347105.052.22$2,993
Feb 2012933101.102.57$2,398
Jan 20121,24098.092.73$3,390
Dec 20111,23896.873.24$4,011
Nov 20111,13695.723.31$3,762
Oct 20111,20484.983.65$4,393
Sep 20111,10783.623.99$4,412
Aug 20111,12583.404.15$4,668
Jul 20111,11394.144.52$5,028
Jun 20111,19092.904.64$5,521
May 20111,13298.134.40$4,986
Apr 20111,129105.964.33$4,892
Mar 20111,18396.364.06$4,800
Feb 20111,08185.644.18$4,519
Jan 20111,13586.504.59$5,208
Dec 20101,13685.734.35$4,939
Nov 20101,17180.843.80$4,444
Oct 20101,14278.103.51$4,007
Sep 20101,13472.633.98$4,513
Aug 20101,19173.684.42$5,263
Jul 20101,05772.554.74$5,006
Jun 20101,10970.364.91$5,446
May 20101,13071.124.24$4,786
Apr 20101,29381.694.12$5,331
Mar 20101,02078.394.39$4,476
Feb 20101,17273.585.44$6,378
Jan 20101,29874.365.96$7,741
Dec 20091,11671.445.48$6,120
Nov 20091,14774.593.75$4,303
Oct 20091,13672.544.11$4,669
Sep 20091,11365.543.06$3,411
Aug 20091,14567.423.22$3,685
Jul 20091,13761.133.46$3,939
Jun 20091,10466.163.90$4,300
May 20091,14354.743.93$4,487
Apr 20091,27446.773.59$4,570
Mar 20091,13542.144.06$4,607
Feb 200999032.814.63$4,587
Jan 20091,33835.865.37$7,186
Dec 20081,39437.105.98$8,332
Nov 20081,32955.496.86$9,117
Oct 20081,32575.246.92$9,172
Sep 20081,327101.767.88$10,453
Aug 20081,297114.228.48$11,002
Jul 20081,306131.0811.39$14,875
Jun 20081,259131.3313.03$16,408
May 20081,324123.1711.57$15,324
Apr 20081,382110.3110.45$14,449
Mar 20081,477101.909.66$14,274
Feb 20081,19392.538.77$10,463
Jan 20081,34790.388.21$11,053
Dec 20071,12088.337.30$8,178
Nov 20071,32891.677.29$9,683
Oct 20071,38582.856.92$9,587
Sep 20071,27075.846.24$7,930
Aug 20071,39669.066.39$8,918
Jul 20071,94570.906.39$12,425
Jun 20071,15062.007.55$8,681
May 20071,86858.747.85$14,657
Apr 20071,41159.617.81$11,013
Mar 20071,39456.927.30$10,179
Feb 20071,05355.108.22$8,651
Jan 200784250.306.73$5,664
Dec 200696556.656.92$6,676
Nov 20061,29554.207.62$9,865
Oct 20061,35754.906.01$8,161
Sep 20061,18360.085.04$5,959
Aug 20061,32368.717.34$9,711
Jul 20061,07669.376.34$6,825
Jun 20061,07666.286.38$6,869
May 20061,14066.016.42$7,325
Apr 20061,19964.397.36$8,825
Mar 20061,24856.707.08$8,839
Feb 20061,13757.597.75$8,813
Jan 20061,33060.598.93$11,881
Dec 20051,40654.9413.42$18,862
Nov 20051,05354.6910.59$11,150
Oct 20051,61358.3413.80$22,253
Sep 20051,01361.4512.08$12,236
Aug 20051,03461.519.80$10,130
Jul 20051,05355.697.84$8,259
Jun 20051,01452.337.38$7,484
May 20051,04445.226.65$6,944
Apr 20051,04449.207.36$7,684
Mar 20051,09450.377.15$7,827
Feb 200598645.226.31$6,224
Jan 20051,09343.166.32$6,910
Dec 20041,09339.866.75$7,379
Nov 20041,05345.286.33$6,666
Oct 20041,06949.706.52$6,965
Sep 20041,04643.245.28$5,527
Aug 20041,03742.375.55$5,756
Jul 20041,05038.286.08$6,388
Jun 20041,01436.106.43$6,523
May 20041,05637.486.49$6,858
Apr 20041,02334.475.86$5,993
Mar 20041,05234.365.53$5,818
Feb 200498032.455.51$5,399
Jan 20041,06332.036.30$6,697
Dec 20031,05730.266.30$6,661
Nov 20031,02328.804.60$4,701
Oct 20031,06028.174.76$5,045
Sep 20031,02826.314.75$4,882
Aug 20031,02829.765.13$5,273
Jul 20031,08529.415.17$5,610
Jun 200397128.565.98$5,809
May 20031,03426.595.97$6,176
Apr 20031,01426.675.41$5,483
Mar 20031,03231.146.10$6,291
Feb 200392233.487.93$7,308
Jan 20031,05530.315.58$5,889
Dec 20021,04926.914.85$5,092
Nov 20021,00924.664.14$4,174
Oct 20021,04126.464.23$4,403
Sep 200299827.443.64$3,628
Aug 20021,01725.963.16$3,218
Jul 20021,02824.583.06$3,147
Jun 200298923.733.34$3,302
May 20021,03724.663.58$3,717
Apr 200299123.653.51$3,481
Mar 20021,03122.003.10$3,199
Feb 200291818.222.38$2,181
Jan 20021,02417.172.38$2,433
Dec 20011,01116.932.36$2,390
Nov 200196318.072.41$2,317
Oct 200199619.782.53$2,519
Sep 200196824.262.25$2,179
Aug 20011,00424.873.05$3,065
Jul 20011,08223.933.20$3,459
Jun 20011,05124.563.82$4,019
May 20011,10325.524.31$4,751
Apr 20011,09724.685.34$5,853
Mar 20011,15524.545.38$6,210
Feb 20011,02827.755.77$5,929
Jan 20011,02927.478.40$8,642
Dec 20001,16026.889.12$10,582
Nov 20001,21732.215.66$6,886
Oct 200077031.235.15$3,962
Sep 20001,04331.875.19$5,410
Aug 20001,06329.644.54$4,827
Jul 20001,11428.534.09$4,556
Jun 20001,04029.304.40$4,573
May 20001,08427.263.68$3,989
Apr 20001,01824.513.12$3,172
Mar 20001,03628.422.86$2,963
Feb 200099927.622.73$2,724
Jan 20001,14925.272.48$2,850
Dec 19991,10624.282.42$2,681
Nov 19991,04723.192.43$2,548
Oct 19991,17720.982.80$3,300
Sep 19991,12221.752.62$2,938
Aug 19991,16819.262.88$3,359
Jul 19991,30217.892.37$3,089
Jun 199994915.942.36$2,242
May 19991,03315.792.32$2,398
Apr 19991,04115.102.21$2,299
Mar 19991,04912.471.84$1,928
Feb 19991,0689.981.82$1,941
Jan 19991,30910.381.90$2,487
Dec 19981,1819.201.77$2,094
Nov 19981,08310.892.19$2,367
Oct 19981,14112.421.97$2,247
Sep 19981,05412.592.08$2,195
Aug 19981,05911.301.91$2,020
Jul 19981,11511.742.24$2,495
Jun 19981,02511.242.24$2,293
May 19981,08212.622.21$2,387
Apr 19981,05013.042.51$2,631
Mar 19981,11712.802.31$2,580
Feb 19981,01413.952.30$2,331
Jan 19981,24314.702.15$2,678
Dec 19971,08416.322.41$2,614
Nov 19971,06518.193.09$3,289
Oct 19971,18719.253.15$3,739
Sep 19971,21617.742.95$3,593
Aug 19971,27217.862.55$3,250
Jul 199786117.582.25$1,935
Jun 19971,04517.242.26$2,359
May 19971,08518.972.31$2,505
Apr 19971,12717.882.08$2,347
Mar 19971,15118.951.94$2,232
Feb 19971,09120.492.21$2,407
Jan 19971,20023.483.54$4,248
Dec 19961,23823.32$0
Nov 19961,15921.97$0
Oct 19961,33523.31$0
Sep 19961,33422.22$0
Aug 19961,27320.26$0
Jul 19961,24119.55$0
Jun 19961,25018.73$0
May 19961,21219.43$0
Apr 19961,21721.51$0
Mar 19961,38019.38$0
Feb 19961,31716.98$0
Jan 19961,42417.07$0
Dec 19951,51117.19$0
Nov 19952,60816.00$0
Oct 19951,47615.43$0
Sep 19951,38816.18$0
Aug 19951,31315.92$0
Jul 19951,01715.24$0
Jun 199586116.41$0
May 199592517.56$0
Apr 199588217.73$0
Mar 199597316.44$0
Feb 19951,11316.58$0
Jan 19951,21515.92$0
Dec 19941,20615.03$0
Nov 19941,19715.90$0
Oct 19941,26715.58$0
Sep 19941,23715.29$0
Aug 19941,29816.13$0
Jul 19941,29017.56$0
Jun 19941,24517.09$0
May 19941,24215.88$0
Apr 19941,19514.14$0
Mar 19941,22412.46$0
Feb 19941,09012.50$0
Jan 19941,19712.66$0
Dec 19931,20712.33$0
Nov 19931,18814.49$0
Oct 19931,24815.85$0
Sep 19931,22715.03$0
Aug 19931,27215.66$0
Jul 19931,23015.46$0
Jun 19931,19516.79$0
May 19931,23917.68$0
Apr 19931,16718.05$0
Mar 19931,19318.14$0
Feb 19931,06217.90$0
Jan 19931,17616.93$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                1,934 Mcf  × $  3.05 =     $5,891

────────────────────────────────────────────────────
Month total                                   $5,891

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. 08/G/40892 is the state's own key, not one this site invented.