DENSMORE

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 200334District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.3 M
Feb 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
268
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 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
CondensateDisposition1,251 bbl$76,163
GasProduction188,346 Mcf$1,232,280
Total$1,308,442

Every month this lease reported (268)

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

268 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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20182060.183.08$120
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014010389.394.04$416
Jul 201404496.564.18$184
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013033102.523.72$123
Jun 20130794.403.93$28
May 20130094.834.15$0
Apr 201302793.964.28$116
Mar 20130293.623.91$8
Feb 20130491.233.42$14
Jan 20130091.603.42$0
Dec 20120186.773.42$3
Nov 2012041586.953.62$1,504
Oct 2012091189.383.40$3,097
Sep 2012080994.672.92$2,361
Aug 2012075392.662.91$2,190
Jul 2012088485.133.02$2,670
Jun 2012091679.822.52$2,307
May 201201,00591.612.49$2,501
Apr 20120849101.652.00$1,695
Mar 20120624105.052.22$1,387
Feb 20120811101.102.57$2,084
Jan 2012091698.092.73$2,504
Dec 2011027096.873.24$875
Nov 2011049295.723.31$1,629
Oct 2011053384.983.65$1,945
Sep 2011061483.623.99$2,447
Aug 2011068683.404.15$2,846
Jul 2011071294.144.52$3,216
Jun 2011073992.904.64$3,429
May 2011081798.134.40$3,599
Apr 20110807105.964.33$3,497
Mar 20115466696.364.06$7,906
Feb 2011080485.644.18$3,361
Jan 2011083486.504.59$3,827
Dec 2010088285.734.35$3,835
Nov 20103092680.843.80$5,940
Oct 2010096778.103.51$3,393
Sep 2010067772.633.98$2,694
Aug 2010096773.684.42$4,274
Jul 2010084872.554.74$4,017
Jun 201001,00070.364.91$4,910
May 2010097671.124.24$4,134
Apr 2010087381.694.12$3,599
Mar 2010084978.394.39$3,726
Feb 2010083473.585.44$4,539
Jan 2010071174.365.96$4,240
Dec 20090071.445.48$0
Nov 200901,18974.593.75$4,461
Oct 200901,36172.544.11$5,594
Sep 200901,04565.543.06$3,203
Aug 200901,34767.423.22$4,335
Jul 200901,15861.133.46$4,012
Jun 200901,28566.163.90$5,005
May 200901,00454.743.93$3,941
Apr 2009098746.773.59$3,541
Mar 2009089242.144.06$3,621
Feb 200901,05032.814.63$4,865
Jan 200901,64835.865.37$8,851
Dec 2008070437.105.98$4,208
Nov 2008059255.496.86$4,061
Oct 2008059775.246.92$4,132
Sep 200801,152101.767.88$9,074
Aug 200801,156114.228.48$9,806
Jul 200801,242131.0811.39$14,146
Jun 200809131.3313.03$117
May 2008157923123.1711.57$30,021
Apr 200801,332110.3110.45$13,926
Mar 200801,193101.909.66$11,529
Feb 200801,18992.538.77$10,428
Jan 200801,25290.388.21$10,274
Dec 200701,28288.337.30$9,361
Nov 200701,23791.677.29$9,020
Oct 200701,28282.856.92$8,874
Sep 200701,26675.846.24$7,905
Aug 200701,39469.066.39$8,905
Jul 200701,39070.906.39$8,879
Jun 200701,40662.007.55$10,613
May 200701,99858.747.85$15,677
Apr 2007701,88159.617.81$18,854
Mar 200701,84156.927.30$13,443
Feb 200701,54055.108.22$12,653
Jan 200701,99950.306.73$13,447
Dec 200602,04456.656.92$14,141
Nov 200602,16454.207.62$16,484
Oct 200602,00554.906.01$12,058
Sep 200602,88460.085.04$14,527
Aug 200602,31168.717.34$16,963
Jul 200682,35369.376.34$15,479
Jun 2006862,34666.286.38$20,677
May 200602,47766.016.42$15,915
Apr 200602,36564.397.36$17,408
Mar 200602,47256.707.08$17,509
Feb 200602,22757.597.75$17,262
Jan 200602,51760.598.93$22,485
Dec 2005722,55654.9413.42$38,245
Nov 200502,61154.6910.59$27,646
Oct 200502,78858.3413.80$38,463
Sep 200502,76761.4512.08$33,423
Aug 20051103,50461.519.80$41,094
Jul 200503,17155.697.84$24,872
Jun 200503,44752.337.38$25,442
May 200503,71745.226.65$24,722
Apr 200503,62749.207.36$26,696
Mar 20051443,60850.377.15$33,068
Feb 200502,94645.226.31$18,595
Jan 200503,20143.166.32$20,237
Dec 200403,48839.866.75$23,548
Nov 200402,93845.286.33$18,599
Oct 20041263,64949.706.52$30,036
Sep 200404,21143.245.28$22,251
Aug 200404,41542.375.55$24,506
Jul 20041324,52438.286.08$32,578
Jun 200405,30836.106.43$34,146
May 20041365,70137.486.49$42,123
Apr 200405,68534.475.86$33,305
Mar 20041247,45234.365.53$45,471
Feb 200404,44632.455.51$24,496

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.

Jun 2018 — as filed, then multipliedworked
Condensate             2 bbl  × $ 60.18 =       $120
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $120

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/200334 is the state's own key, not one this site invented.