SANDEFUR, R. V.

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) 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 196422District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Apr 2003 – May 2026
Value, last 12 filed months
$262
at the published price for each month
Months reported
278
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
GasProduction1,134,739 Mcf$6,184,330
Total$6,184,330

Every month this lease reported (278)

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

278 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025458.593.93$16
Oct 20251459.383.30$46
Sep 20251862.743.08$55
Aug 20253263.933.01$96
Jul 2025966.743.32$30
Jun 2025666.483.13$19
May 2025660.553.23$19
Apr 20251062.363.54$35
Mar 20251067.704.27$43
Feb 20251170.884.34$48
Jan 20252274.324.28$94
Dec 20244068.993.12$125
Nov 20244269.052.20$92
Oct 202410171.372.28$230
Sep 202410569.612.36$248
Aug 202411275.632.06$231
Jul 202414179.932.15$303
Jun 20249778.082.63$256
May 202412178.812.20$266
Apr 202416384.451.66$270
Mar 202431980.301.55$493
Feb 202441676.091.78$742
Jan 202481373.023.30$2,681
Dec 20231,22971.262.61$3,209
Nov 20231,92777.892.81$5,410
Oct 20232,09885.443.09$6,477
Sep 20232,15689.042.74$5,897
Aug 20232,16380.522.67$5,781
Jul 20232,14874.852.64$5,675
Jun 20232,33068.962.26$5,262
May 20231,90570.622.23$4,243
Apr 20232,42178.122.24$5,418
Mar 20231,79272.852.39$4,289
Feb 2023075.112.47$0
Jan 20232,34776.533.39$7,951
Dec 20222,34976.415.73$13,458
Nov 20222,37585.005.65$13,410
Oct 20222,32087.185.86$13,604
Sep 20222,56384.888.16$20,924
Aug 20222,96294.529.13$27,035
Jul 20223,183101.587.54$24,006
Jun 20222,762115.097.98$22,033
May 20221,668109.378.43$14,066
Apr 20222,689104.226.84$18,386
Mar 20222,752108.885.08$13,970
Feb 20221,68491.054.86$8,182
Jan 20222,36481.844.54$10,727
Dec 20213,11671.323.90$12,150
Nov 20213,13677.435.24$16,423
Oct 20213,39879.795.71$19,416
Sep 20212,69169.865.35$14,399
Aug 20213,28266.024.22$13,852
Jul 20212,00670.783.98$7,988
Jun 20213,35969.493.38$11,356
May 20214,77763.483.02$14,415
Apr 202172760.362.76$2,005
Mar 202192361.302.72$2,508
Feb 202172257.805.55$4,006
Jan 202181050.412.81$2,276
Dec 202086144.642.68$2,304
Nov 202079338.772.71$2,146
Oct 20201,82436.972.48$4,521
Sep 202082937.091.99$1,651
Aug 20201,79139.982.39$4,272
Jul 20202,38838.371.83$4,358
Jun 20202,53234.901.69$4,280
May 20202,15316.921.81$3,907
Apr 20202,17114.751.80$3,917
Mar 20202,54830.341.86$4,730
Feb 20204,00749.881.98$7,937
Jan 20201,56857.252.09$3,285
Dec 201964459.012.30$1,484
Nov 201947555.302.75$1,307
Oct 201983853.472.42$2,027
Sep 201961455.052.66$1,632
Aug 20191,04353.112.30$2,403
Jul 20191,43256.272.46$3,523
Jun 20192,43452.782.49$6,064
May 20192,53158.482.74$6,936
Apr 20192,49462.632.75$6,860
Mar 20192,56756.803.06$7,860
Feb 20192,51250.852.79$7,014
Jan 20192,56846.033.23$8,290
Dec 20182,76046.594.19$11,552
Nov 20183,62652.934.24$15,364
Oct 201849361.443.40$1,675
Sep 201895959.543.11$2,981
Aug 20181,21959.403.07$3,738
Jul 20181,29865.142.93$3,806
Jun 20182,38360.183.08$7,332
May 20182,66765.382.90$7,736
Apr 20182,56463.842.90$7,438
Mar 20182,66061.222.79$7,413
Feb 20182,46161.782.77$6,807
Jan 20182,56662.874.01$10,288
Dec 20172,72057.272.92$7,947
Nov 20172,64955.423.12$8,261
Oct 20172,92449.292.98$8,724
Sep 20172,53347.523.09$7,820
Aug 20172,86645.373.00$8,611
Jul 20172,87943.873.09$8,888
Jun 20172,81342.493.09$8,685
May 20173,00245.373.26$9,797
Apr 20172,95347.933.21$9,484
Mar 20173,08646.772.98$9,208
Feb 20172,90450.452.95$8,574
Jan 20173,13449.413.42$10,715
Dec 20163,17648.763.72$11,824
Nov 20163,06342.492.64$8,100
Oct 20163,31546.193.09$10,244
Sep 20163,37441.553.10$10,462
Aug 20163,35341.442.92$9,805
Jul 20163,10241.622.92$9,071
Jun 20162,90845.352.69$7,810
May 20162,93742.521.99$5,848
Apr 20163,16236.561.99$6,296
Mar 20163,25733.011.79$5,843
Feb 20162,90026.472.06$5,985
Jan 20163,27027.352.36$7,731
Dec 20153,35432.362.00$6,713
Nov 20153,00038.792.17$6,502
Oct 20153,47843.552.43$8,440
Sep 20153,31642.992.76$9,147
Aug 20153,49540.162.87$10,039
Jul 20153,38548.152.95$9,969
Jun 20153,24656.152.88$9,358
May 20153,10255.212.96$9,168
Apr 20153,13049.822.71$8,472
Mar 20153,41542.892.93$10,022
Feb 20153,15044.662.98$9,375
Jan 20153,64043.433.10$11,286
Dec 20143,75154.693.59$13,471
Nov 20143,58170.464.25$15,226
Oct 20143,79478.303.90$14,800
Sep 20143,67786.164.05$14,875
Aug 20143,75289.394.04$15,140
Jul 20143,83596.564.18$16,029
Jun 20143,48998.164.74$16,527
May 20143,70694.734.73$17,517
Apr 20143,67295.944.81$17,659
Mar 20143,84195.895.06$19,423
Feb 20143,19097.406.19$19,752
Jan 20143,84990.404.86$18,709
Dec 20134,01191.824.35$17,466
Nov 20134,03688.853.74$15,088
Oct 20134,18697.423.78$15,820
Sep 20134,043104.113.72$15,031
Aug 20134,246104.253.52$14,957
Jul 20134,191102.523.72$15,581
Jun 20134,07994.403.93$16,044
May 20134,29794.834.15$17,829
Apr 20134,22193.964.28$18,077
Mar 20134,30493.623.91$16,841
Feb 20133,96191.233.42$13,546
Jan 20134,35391.603.42$14,887
Dec 20124,38286.773.42$14,987
Nov 20124,15186.953.62$15,047
Oct 20124,13389.383.40$14,051
Sep 20123,92394.672.92$11,449
Aug 20124,00692.662.91$11,650
Jul 20124,01385.133.02$12,122
Jun 20124,05079.822.52$10,202
May 20124,17191.612.49$10,379
Apr 20123,894101.652.00$7,776
Mar 20123,600105.052.22$7,999
Feb 20122,697101.102.57$6,932
Jan 20123,31798.092.73$9,069
Dec 20113,71596.873.24$12,036
Nov 20113,51895.723.31$11,649
Oct 20114,25484.983.65$15,521
Sep 20112,01183.623.99$8,015
Aug 20113,75483.404.15$15,577
Jul 20113,85794.144.52$17,423
Jun 20113,56292.904.64$16,527
May 20113,43998.134.40$15,148
Apr 20113,519105.964.33$15,249
Mar 20113,55996.364.06$14,440
Feb 20113,35485.644.18$14,020
Jan 20114,01886.504.59$18,438
Dec 20104,11285.734.35$17,878
Nov 20104,21980.843.80$16,013
Oct 20104,37878.103.51$15,362
Sep 20104,26272.633.98$16,961
Aug 20104,34773.684.42$19,211
Jul 20104,15272.554.74$19,666
Jun 20103,82470.364.91$18,777
May 20104,09171.124.24$17,326
Apr 20103,54081.694.12$14,594
Mar 20104,04078.394.39$17,730
Feb 20104,41173.585.44$24,006
Jan 20104,61174.365.96$27,500
Dec 20094,44871.445.48$24,392
Nov 20093,87174.593.75$14,522
Oct 20094,15372.544.11$17,070
Sep 20093,87965.543.06$11,888
Aug 20093,98967.423.22$12,839
Jul 20094,60761.133.46$15,961
Jun 20094,53266.163.90$17,652
May 20094,71354.743.93$18,502
Apr 20094,54646.773.59$16,309
Mar 20094,60642.144.06$18,696
Feb 20094,28032.814.63$19,829
Jan 20094,93035.865.37$26,479
Dec 20085,15837.105.98$30,830
Nov 20085,28455.496.86$36,250
Oct 20085,26675.246.92$36,451
Sep 20084,709101.767.88$37,093
Aug 20084,595114.228.48$38,979
Jul 20085,136131.0811.39$58,496
Jun 20084,819131.3313.03$62,804
May 20085,210123.1711.57$60,302
Apr 20085,085110.3110.45$53,163
Mar 20086,035101.909.66$58,323
Feb 20085,15192.538.77$45,177
Jan 20085,85790.388.21$48,061
Dec 20075,59888.337.30$40,876
Nov 20075,12691.677.29$37,377
Oct 20075,56982.856.92$38,549
Sep 20075,80775.846.24$36,260
Aug 20075,88369.066.39$37,580
Jul 20076,09370.906.39$38,922
Jun 20075,75262.007.55$43,419
May 20075,56258.747.85$43,641
Apr 20075,41459.617.81$42,257
Mar 20076,19856.927.30$45,258
Feb 20075,48855.108.22$45,089
Jan 20075,92950.306.73$39,883
Dec 20065,48956.656.92$37,975
Nov 20065,37654.207.62$40,952
Oct 20064,96254.906.01$29,840
Sep 20064,77060.085.04$24,027
Aug 20064,83068.717.34$35,452
Jul 20065,20669.376.34$33,020
Jun 20065,23066.286.38$33,388
May 20067,07566.016.42$45,457
Apr 20066,72364.397.36$49,485
Mar 20068,02856.707.08$56,862
Feb 20066,70257.597.75$51,948
Jan 20066,23260.598.93$55,672
Dec 20054,08254.9413.42$54,762
Nov 20057,91454.6910.59$83,797
Oct 200517,32658.3413.80$239,025
Sep 200512,59161.4512.08$152,087
Aug 200510,42061.519.80$102,083
Jul 20055,75255.697.84$45,117
Jun 20058,13852.337.38$60,067
May 20059,41845.226.65$62,641
Apr 20059,68649.207.36$71,294
Mar 20056,89850.377.15$49,354
Feb 20055,91745.226.31$37,348
Jan 20058,33243.166.32$52,677
Dec 200410,17839.866.75$68,712
Nov 200410,77145.286.33$68,185
Oct 20048,99249.706.52$58,584
Sep 20049,40843.245.28$49,711
Aug 200410,94742.375.55$60,763
Jul 20049,58138.286.08$58,293
Jun 200411,12936.106.43$71,593
May 200413,06437.486.49$84,845
Apr 200412,79134.475.86$74,936
Mar 200415,37834.365.53$85,042
Feb 200416,32232.455.51$89,928
Jan 200420,97332.036.30$132,122
Dec 200327,99730.266.30$176,427
Nov 200317,17328.804.60$78,913
Oct 200311,02128.174.76$52,456
Sep 20038,78626.314.75$41,728
Aug 20037,96329.765.13$40,848
Jul 200312,16429.415.17$62,898
Jun 200313,17228.565.98$78,808
May 200318,89326.595.97$112,842
Apr 20039,70226.675.41$52,461

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.

Nov 2025 — as filed, then multipliedworked
Gas                    4 Mcf  × $  3.93 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/196422 is the state's own key, not one this site invented.