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FERNANDES GLO 18

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

Oil lease lease 49190District 08Field 49129858OilCasinghead gasSaveExport
Value, all time
$25.3 M
Feb 2017 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
112
no gaps in the span
Streams
2
oil, casinghead gas

The KEYSTONE (WOLFCAMP) field

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 38 leases and 68 wells, and the rule below applies to all of them.

Discovered
1966-11-16
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 10 acres. The field rule took effect on 2025-03-26.

The Commission's schedule remark for this field reads: “& SWR13(B)(4)(A).”

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
OilDisposition358,346 bbl$21,703,952
Casinghead gasProduction1,060,352 Mcf$3,581,540
Total$25,285,491

Wells on this lease (2)

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 31.9049, -102.9917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.90491, -102.99170 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,654 ft
2 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.
2100.0%

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

Between 7,620 and 7,688 ft, median 7,654 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2017 – Oct 2017
2 of 2 wells

2 wells

42-495338412H7,688 ftOct 2017——
42-495337351H7,620 ftJan 2017——

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 (112)

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

112 months

May 20261,0708,992106.413.05$141,247
Apr 20261,15715,08798.932.87$157,757
Mar 20261,34713,38789.753.15$163,055
Feb 20261,16416,28663.503.75$134,992
Jan 20261,13318,88959.138.00$218,067
Dec 20251,17013,54656.664.41$126,076
Nov 20252746,52258.593.93$41,662
Oct 20251,46711,96559.383.30$126,653
Sep 20251,1628,96162.743.08$100,476
Aug 20251,4187,03963.933.01$111,874
Jul 20252,2358,80966.743.32$178,368
Jun 20251,15413,27366.483.13$118,245
May 20251,46617,16460.553.23$144,246
Apr 20251,51811,16362.363.54$134,214
Mar 20251,380067.704.27$93,426
Feb 20251,445070.884.34$102,422
Jan 20251,7055,07174.324.28$148,413
Dec 20241,4339,13468.993.12$127,373
Nov 20241,1687,21169.052.20$96,503
Oct 20241,5267,95271.372.28$127,052
Sep 20241,2895,23169.612.36$102,095
Aug 20241,3787,60075.632.06$119,902
Jul 20241,06633579.932.15$85,924
Jun 20241,4908,57878.082.63$138,933
May 20241,8453,85178.812.20$153,871
Apr 20249596,37984.451.66$91,572
Mar 20241,7848,03580.301.55$155,670
Feb 20241,6798,33576.091.78$142,622
Jan 20241,3937,92773.023.30$127,857
Dec 20231,7876,60671.262.61$144,588
Nov 20231,8978,32277.892.81$171,122
Oct 20231,8868,03585.443.09$185,946
Sep 20231,7488,39189.042.74$178,592
Aug 20232,09110,53280.522.67$196,518
Jul 20231,96110,71474.852.64$175,085
Jun 20232,0839,20168.962.26$164,424
May 20232,66710,65870.622.23$212,083
Apr 20231,96410,45578.122.24$176,823
Mar 20231,88410,33872.852.39$161,990
Feb 20232,3799,39775.112.47$201,857
Jan 20232,8039,88876.533.39$248,011
Dec 20222,3958,81676.415.73$233,510
Nov 20222,0688,37285.005.65$223,050
Oct 20222,31610,28387.185.86$262,206
Sep 20221,7475,41684.888.16$192,500
Aug 20222,73013,39494.529.13$380,289
Jul 20222,68210,942101.587.54$354,963
Jun 20222,5456,328115.097.98$343,384
May 20222,5748,167109.378.43$350,391
Apr 20222,0508,247104.226.84$270,041
Mar 20222,40612,964108.885.08$327,776
Feb 20221,344091.054.86$122,371
Jan 20221,344081.844.54$109,993
Dec 20211,820071.323.90$129,802
Nov 20211,818077.435.24$140,768
Oct 20212,3966,70779.795.71$229,500
Sep 20212,4047,74269.865.35$209,370
Aug 20212,309066.024.22$152,440
Jul 20211,4493,63770.783.98$117,043
Jun 20212,3627,43169.493.38$189,257
May 20213,05210,61763.483.02$225,780
Apr 20213,09310,09060.362.76$214,526
Mar 20213,6939,32861.302.72$251,725
Feb 20213,0768,27957.805.55$223,724
Jan 20213,1359,67150.412.81$185,213
Dec 20203,7719,74344.642.68$194,404
Nov 20203,1683038.772.71$122,905
Oct 20203,9327,81836.972.48$164,742
Sep 20203,62610,59237.091.99$155,577
Aug 20204,20911,07339.982.39$194,686
Jul 20204,17610,52138.371.83$179,435
Jun 20204,31912,66634.901.69$172,143
May 20206282,05316.921.81$14,351
Apr 20202,5878,09314.751.80$52,761
Mar 20204,38811,63230.341.86$154,724
Feb 20204,03511,11049.881.98$223,271
Jan 20204,52311,83357.252.09$283,729
Dec 20194,31512,17159.012.30$282,675
Nov 20194,67010,98255.302.75$288,459
Oct 20195,66612,23553.472.42$332,552
Sep 20194,51612,21955.052.66$281,075
Aug 20194,33013,03453.112.30$260,001
Jul 20194,49410,97256.272.46$279,869
Jun 20193,63810,40852.782.49$217,942
May 20193,23911,59358.482.74$221,185
Apr 20194,87914,20762.632.75$344,651
Mar 20196,55510,65556.803.06$404,951
Feb 20194,7201,50450.852.79$244,212
Jan 20195,99114,54146.033.23$322,707
Dec 20186,16318,51446.594.19$364,623
Nov 20187,25317,16652.934.24$456,638
Oct 20186,31016,55561.443.40$443,942
Sep 20186,3944,16959.543.11$393,656
Aug 20187,13215,56359.403.07$471,366
Jul 20187,67514,01565.142.93$541,040
Jun 20186,1148,80760.183.08$395,039
May 20188,32920,38765.382.90$603,689
Apr 20188,77017,95463.842.90$611,958
Mar 20187,37616,63961.222.79$497,929
Feb 20186,17113,00061.782.77$417,204
Jan 20185,68712,01362.874.01$405,706
Dec 20175,15212,14357.272.92$330,531
Nov 20175,31616,16855.423.12$345,030
Oct 20174,97913,45449.292.98$285,557
Sep 20173,4129,06247.523.09$190,115
Aug 20173,97210,48945.373.00$211,723
Jul 20174,8669,06243.873.09$241,448
Jun 20172,7287,16042.493.09$138,018
May 20176,86812,54545.373.26$352,541
Apr 20176,65011,79647.933.21$356,619
Mar 20176,3176,31646.772.98$314,291
Feb 20173,104050.452.95$156,597

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
Oil                1,070 bbl  × $106.41 =   $113,859
Casinghead gas     8,992 Mcf  × $  3.05 =    $27,388

────────────────────────────────────────────────────
Month total                                 $141,247

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/O/49190 is the state's own key, not one this site invented.