TRUSSELL, SPENCER L.

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 201811District 09Field 65280200GasSaveExport
Value, all time
$13.7 M
Apr 2004 – May 2026
Value, last 12 filed months
$281 k
at the published price for each month
Months reported
266
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
GasProduction2,849,675 Mcf$13,673,005
Total$13,673,005

Every month this lease reported (266)

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

266 months

May 20266,167106.413.05$18,784
Apr 20265,92098.932.87$16,989
Mar 20266,27189.753.15$19,750
Feb 20265,62563.503.75$21,096
Jan 20266,47459.138.00$51,779
Dec 20256,40056.664.41$28,246
Nov 20256,26958.593.93$24,615
Oct 20256,44059.383.30$21,283
Sep 20256,32762.743.08$19,468
Aug 20256,23163.933.01$18,785
Jul 20256,35166.743.32$21,055
Jun 20256,14466.483.13$19,223
May 20256,41860.553.23$20,745
Apr 20256,11362.363.54$21,659
Mar 20256,55867.704.27$27,992
Feb 20255,98770.884.34$25,989
Jan 20256,58574.324.28$28,175
Dec 20246,61168.993.12$20,635
Nov 20246,53869.052.20$14,373
Oct 20246,84071.372.28$15,605
Sep 20246,51369.612.36$15,399
Aug 20246,91075.632.06$14,260
Jul 20246,62879.932.15$14,228
Jun 20246,66478.082.63$17,553
May 20246,88278.812.20$15,130
Apr 20246,70684.451.66$11,127
Mar 20247,10280.301.55$10,974
Feb 20246,65176.091.78$11,863
Jan 20247,06073.023.30$23,281
Dec 20237,26771.262.61$18,972
Nov 20237,02377.892.81$19,717
Oct 20237,26485.443.09$22,426
Sep 20237,03189.042.74$19,230
Aug 20237,36480.522.67$19,683
Jul 20237,32074.852.64$19,338
Jun 20237,12068.962.26$16,080
May 20237,37770.622.23$16,432
Apr 20237,21278.122.24$16,139
Mar 20237,48372.852.39$17,908
Feb 20236,79275.112.47$16,747
Jan 20237,60876.533.39$25,774
Dec 20227,57376.415.73$43,386
Nov 20227,47685.005.65$42,211
Oct 20227,62587.185.86$44,711
Sep 20227,46984.888.16$60,975
Aug 20227,81394.529.13$71,311
Jul 20227,795101.587.54$58,791
Jun 20227,589115.097.98$60,539
May 20227,910109.378.43$66,705
Apr 20227,623104.226.84$52,123
Mar 20228,042108.885.08$40,824
Feb 20227,23091.054.86$35,129
Jan 20228,00581.844.54$36,324
Dec 20218,16471.323.90$31,832
Nov 20217,96677.435.24$41,717
Oct 20218,32779.795.71$47,579
Sep 20218,06269.865.35$43,139
Aug 20218,28966.024.22$34,984
Jul 20218,41970.783.98$33,525
Jun 20218,17369.493.38$27,630
May 20218,49463.483.02$25,632
Apr 20218,24160.362.76$22,732
Mar 20218,61961.302.72$23,417
Feb 20217,90157.805.55$43,834
Jan 20218,80450.412.81$24,742
Dec 20208,79144.642.68$23,520
Nov 20208,64138.772.71$23,387
Oct 20208,97536.972.48$22,244
Sep 20208,75737.091.99$17,436
Aug 20209,08139.982.39$21,659
Jul 20209,24538.371.83$16,873
Jun 20208,68634.901.69$14,682
May 20208,98516.921.81$16,306
Apr 20208,95214.751.80$16,153
Mar 20209,17330.341.86$17,027
Feb 20208,82349.881.98$17,475
Jan 20209,46357.252.09$19,823
Dec 20199,70859.012.30$22,371
Nov 20199,45755.302.75$26,013
Oct 20199,75653.472.42$23,595
Sep 20199,50855.052.66$25,265
Aug 20199,88553.112.30$22,779
Jul 201910,20056.272.46$25,093
Jun 20199,86852.782.49$24,583
May 201910,19958.482.74$27,949
Apr 201910,21062.632.75$28,085
Mar 201910,64156.803.06$32,584
Feb 20199,65950.852.79$26,970
Jan 201910,86246.033.23$35,064
Dec 201810,95946.594.19$45,868
Nov 201810,84652.934.24$45,957
Oct 201811,57761.443.40$39,340
Sep 201811,48459.543.11$35,692
Aug 201812,12359.403.07$37,176
Jul 201812,44365.142.93$36,481
Jun 201812,68860.183.08$39,040
May 20183,51465.382.90$10,193
Apr 20184,91063.842.90$14,243
Mar 201810,67761.222.79$29,755
Feb 201811,04561.782.77$30,552
Jan 201812,65362.874.01$50,730
Dec 201713,07357.272.92$38,193
Nov 201711,57655.423.12$36,098
Oct 201710,80649.292.98$32,242
Sep 20178,90847.523.09$27,501
Aug 201713,20845.373.00$39,682
Jul 201714,47943.873.09$44,701
Jun 201711,89242.493.09$36,714
May 201713,74045.373.26$44,839
Apr 201713,84447.933.21$44,461
Mar 201714,89646.772.98$44,445
Feb 201713,77250.452.95$40,663
Jan 201715,66749.413.42$53,562
Dec 201616,26948.763.72$60,567
Nov 201616,37042.492.64$43,288
Oct 201617,74746.193.09$54,843
Sep 201617,31041.553.10$53,672
Aug 201617,61141.442.92$51,501
Jul 201618,57141.622.92$54,308
Jun 201619,08445.352.69$51,256
May 201621,56842.521.99$42,943
Apr 201622,67636.561.99$45,149
Mar 201626,24233.011.79$47,078
Feb 201628,15126.472.06$58,093
Jan 201638,65527.352.36$91,394
Dec 201514,24932.362.00$28,518
Nov 20155,39938.792.17$11,701
Oct 20156,28743.552.43$15,256
Sep 20155,91542.992.76$16,316
Aug 20156,33040.162.87$18,183
Jul 20156,37348.152.95$18,769
Jun 20156,15956.152.88$17,756
May 20156,31855.212.96$18,673
Apr 20156,22849.822.71$16,857
Mar 20156,44242.892.93$18,905
Feb 20155,83944.662.98$17,378
Jan 20156,47343.433.10$20,070
Dec 20146,54354.693.59$23,498
Nov 20146,41970.464.25$27,293
Oct 20146,70578.303.90$26,156
Sep 20146,45386.164.05$26,105
Aug 20146,69589.394.04$27,015
Jul 20146,75496.564.18$28,229
Jun 20146,39398.164.74$30,283
May 20146,58094.734.73$31,101
Apr 20146,09295.944.81$29,297
Mar 20146,86595.895.06$34,715
Feb 20146,16197.406.19$38,149
Jan 20146,89290.404.86$33,500
Dec 20136,88691.824.35$29,985
Nov 20136,76888.853.74$25,301
Oct 20137,10197.423.78$26,837
Sep 20136,668104.113.72$24,790
Aug 20136,913104.253.52$24,352
Jul 20136,979102.523.72$25,946
Jun 20136,80394.403.93$26,759
May 20137,13794.834.15$29,612
Apr 20136,99593.964.28$29,957
Mar 20137,29593.623.91$28,544
Feb 20136,51591.233.42$22,281
Jan 20137,38691.603.42$25,259
Dec 20127,20286.773.42$24,632
Nov 20127,09586.953.62$25,719
Oct 20127,21189.383.40$24,515
Sep 20127,02494.672.92$20,499
Aug 20127,24592.662.91$21,070
Jul 20127,27485.133.02$21,973
Jun 20127,16079.822.52$18,036
May 20127,44191.612.49$18,516
Apr 20127,199101.652.00$14,375
Mar 20127,472105.052.22$16,603
Feb 20127,108101.102.57$18,269
Jan 20127,64198.092.73$20,891
Dec 20117,79896.873.24$25,263
Nov 20117,46495.723.31$24,715
Oct 20117,73684.983.65$28,225
Sep 20117,53783.623.99$30,041
Aug 20117,59583.404.15$31,514
Jul 20117,83494.144.52$35,388
Jun 20117,57792.904.64$35,156
May 20117,97898.134.40$35,142
Apr 20117,688105.964.33$33,314
Mar 20118,15396.364.06$33,079
Feb 20117,39485.644.18$30,907
Jan 20118,19786.504.59$37,614
Dec 20108,23385.734.35$35,795
Nov 20108,11380.843.80$30,792
Oct 20108,56778.103.51$30,061
Sep 20108,32372.633.98$33,121
Aug 20108,59073.684.42$37,962
Jul 20108,74272.554.74$41,406
Jun 20108,35070.364.91$41,002
May 20108,61871.124.24$36,499
Apr 20108,29181.694.12$34,181
Mar 20108,58478.394.39$37,672
Feb 20108,11073.585.44$44,138
Jan 20108,84974.365.96$52,776
Dec 20098,77971.445.48$48,142
Nov 20098,40074.593.75$31,513
Oct 20098,81972.544.11$36,248
Sep 20098,51265.543.06$26,087
Aug 20098,86867.423.22$28,542
Jul 20099,10261.133.46$31,534
Jun 20098,95166.163.90$34,864
May 20099,64154.743.93$37,848
Apr 20099,88846.773.59$35,473
Mar 200910,66142.144.06$43,273
Feb 20097,17932.814.63$33,260
Jan 20099,84435.865.37$52,872
Dec 200810,08037.105.98$60,250
Nov 20089,89255.496.86$67,863
Oct 200810,28175.246.92$71,165
Sep 20089,765101.767.88$76,920
Aug 200810,089114.228.48$85,585
Jul 200810,375131.0811.39$118,165
Jun 200810,093131.3313.03$131,538
May 200810,507123.1711.57$121,611
Apr 200810,146110.3110.45$106,075
Mar 200810,873101.909.66$105,077
Feb 20089,76092.538.77$85,601
Jan 200810,87190.388.21$89,204
Dec 200711,12188.337.30$81,205
Nov 200710,86391.677.29$79,210
Oct 200711,47382.856.92$79,416
Sep 200711,46375.846.24$71,577
Aug 200711,97969.066.39$76,521
Jul 200711,66870.906.39$74,534
Jun 200711,64362.007.55$87,887
May 200712,07358.747.85$94,728
Apr 200711,89459.617.81$92,835
Mar 200712,44056.927.30$90,837
Feb 200711,43555.108.22$93,950
Jan 200713,05850.306.73$87,839
Dec 200613,27156.656.92$91,815
Nov 200612,76054.207.62$97,199
Oct 200613,41054.906.01$80,645
Sep 200613,05660.085.04$65,766
Aug 200613,84968.717.34$101,651
Jul 200614,51669.376.34$92,072
Jun 200614,27466.286.38$91,124
May 200615,20466.016.42$97,686
Apr 200615,05464.397.36$110,805
Mar 200616,03656.707.08$113,582
Feb 200615,02257.597.75$116,437
Jan 200616,64060.598.93$148,650
Dec 200517,47854.9413.42$234,474
Nov 200517,09154.6910.59$180,966
Oct 200517,74258.3413.80$244,764
Sep 200517,95661.4512.08$216,891
Aug 200518,72161.519.80$183,407
Jul 200519,78455.697.84$155,179
Jun 200519,97452.337.38$147,429
May 200519,79045.226.65$131,626
Apr 200519,69149.207.36$144,935
Mar 200522,73550.377.15$162,666
Feb 200522,33045.226.31$140,945
Jan 200524,69043.166.32$156,095
Dec 200428,17239.866.75$190,191
Nov 200429,22145.286.33$184,981
Oct 200431,68749.706.52$206,444
Sep 200433,46543.245.28$176,826
Aug 200437,02142.375.55$205,491
Jul 200440,31838.286.08$245,302
Jun 200443,03336.106.43$276,832
May 200453,29537.486.49$346,129
Apr 200410,08634.475.86$59,088

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                6,167 Mcf  × $  3.05 =    $18,784

────────────────────────────────────────────────────
Month total                                  $18,784

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/201811 is the state's own key, not one this site invented.