BEDINGER-NORTH

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 205720District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.1 M
Nov 2004 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
259
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
CondensateDisposition7,148 bbl$406,413
GasProduction2,182,063 Mcf$12,724,893
Total$13,131,306

Every month this lease reported (259)

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

259 months

May 202602,256106.413.05$6,871
Apr 202601,98398.932.87$5,691
Mar 202601,94889.753.15$6,135
Feb 202601,62163.503.75$6,079
Jan 202601,21759.138.00$9,733
Dec 202501,09956.664.41$4,850
Nov 202501,38358.593.93$5,430
Oct 202502,23859.383.30$7,396
Sep 202501,84362.743.08$5,671
Aug 202501,73463.933.01$5,228
Jul 202501,96266.743.32$6,504
Jun 202502,06666.483.13$6,464
May 202502,09960.553.23$6,785
Apr 202501,76962.363.54$6,268
Mar 202502,16867.704.27$9,254
Feb 202501,84670.884.34$8,013
Jan 202521,57974.324.28$6,905
Dec 202402,13968.993.12$6,677
Nov 202401,91369.052.20$4,206
Oct 202402,19271.372.28$5,001
Sep 202402,35669.612.36$5,570
Aug 202402,64275.632.06$5,452
Jul 202402,24179.932.15$4,811
Jun 202442,27878.082.63$6,313
May 202402,17778.812.20$4,786
Apr 202402,17184.451.66$3,602
Mar 202402,38080.301.55$3,677
Feb 202401,92676.091.78$3,435
Jan 202401,82273.023.30$6,008
Dec 202302,57071.262.61$6,710
Nov 202302,67377.892.81$7,505
Oct 202302,72585.443.09$8,413
Sep 202301,81489.042.74$4,961
Aug 202302,29780.522.67$6,140
Jul 202302,00774.852.64$5,302
Jun 202301,91068.962.26$4,314
May 202301,99370.622.23$4,439
Apr 202302,00978.122.24$4,496
Mar 202301,87672.852.39$4,490
Feb 202302,21075.112.47$5,449
Jan 202302,89176.533.39$9,794
Dec 202202,79876.415.73$16,030
Nov 202202,56785.005.65$14,494
Oct 202202,76987.185.86$16,237
Sep 202202,82684.888.16$23,071
Aug 202202,51394.529.13$22,937
Jul 202202,318101.587.54$17,483
Jun 202202,509115.097.98$20,015
May 202202,146109.378.43$18,097
Apr 202202,636104.226.84$18,024
Mar 202202,817108.885.08$14,300
Feb 202201,80791.054.86$8,780
Jan 202202,56781.844.54$11,648
Dec 202102,23771.323.90$8,722
Nov 202101,93377.435.24$10,123
Oct 202102,51279.795.71$14,353
Sep 202102,38769.865.35$12,773
Aug 202101,25666.024.22$5,301
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 202001,62714.751.80$2,936
Mar 202001,82630.341.86$3,389
Feb 202002,17249.881.98$4,302
Jan 202002,05057.252.09$4,294
Dec 201902,27359.012.30$5,238
Nov 201902,14355.302.75$5,895
Oct 201902,42553.472.42$5,865
Sep 201902,23155.052.66$5,928
Aug 201902,69253.112.30$6,203
Jul 201902,74756.272.46$6,758
Jun 201902,42952.782.49$6,051
May 201902,37458.482.74$6,506
Apr 201902,63862.632.75$7,256
Mar 201902,82856.803.06$8,660
Feb 201902,55450.852.79$7,131
Jan 2019872,85846.033.23$13,231
Dec 201802,96046.594.19$12,389
Nov 201802,50952.934.24$10,631
Oct 201802,91461.443.40$9,902
Sep 201802,85159.543.11$8,861
Aug 201803,02859.403.07$9,286
Jul 201802,93565.142.93$8,605
Jun 201803,05460.183.08$9,397
May 201803,98865.382.90$11,568
Apr 201803,70763.842.90$10,753
Mar 201804,01861.222.79$11,198
Feb 201803,34661.782.77$9,255
Jan 201803,54162.874.01$14,197
Dec 201703,04457.272.92$8,893
Nov 201703,74955.423.12$11,691
Oct 201704,12649.292.98$12,311
Sep 201703,46847.523.09$10,707
Aug 201707,24745.373.00$21,773
Jul 201705,09143.873.09$15,717
Jun 2017010,28042.493.09$31,737
May 201705,31545.373.26$17,345
Apr 201705,68647.933.21$18,261
Mar 201704,92846.772.98$14,704
Feb 201745,24150.452.95$15,676
Jan 2017557,53249.413.42$28,468
Dec 201609,24148.763.72$34,403
Nov 201608,29542.492.64$21,935
Oct 201608,55346.193.09$26,431
Sep 201607,60541.553.10$23,580
Aug 2016819,10941.442.92$29,994
Jul 201609,26241.622.92$27,085
Jun 201609,05545.352.69$24,320
May 201609,59442.521.99$19,102
Apr 201608,18636.561.99$16,299
Mar 201609,30633.011.79$16,695
Feb 201609,15726.472.06$18,897
Jan 201608,78727.352.36$20,776
Dec 201508,88732.362.00$17,787
Nov 20151438,67938.792.17$24,357
Oct 201509,73243.552.43$23,615
Sep 201508,77342.992.76$24,200
Aug 201508,51540.162.87$24,459
Jul 201508,09548.152.95$23,840
Jun 201505,61656.152.88$16,190
May 201505,37155.212.96$15,874
Apr 201503,56749.822.71$9,654
Mar 201502,69042.892.93$7,894
Feb 201503,15744.662.98$9,396
Jan 201503,80243.433.10$11,789
Dec 201406,51154.693.59$23,383
Nov 201408,32070.464.25$35,375
Oct 201408,22378.303.90$32,078
Sep 201408,28186.164.05$33,500
Aug 201408,32189.394.04$33,576
Jul 201404,70796.564.18$19,673
Jun 201409,33398.164.74$44,209
May 201408,44794.734.73$39,925
Apr 201408,97695.944.81$43,167
Mar 20141599,66395.895.06$64,110
Feb 201408,85397.406.19$54,818
Jan 201409,82890.404.86$47,771
Dec 2013010,39891.824.35$45,278
Nov 2013010,40488.853.74$38,893
Oct 201309,13197.423.78$34,509
Sep 201309,525104.113.72$35,411
Aug 201309,043104.253.52$31,855
Jul 2013010,461102.523.72$38,891
Jun 201308,10994.403.93$31,896
May 2013010,05394.834.15$41,711
Apr 201309,47093.964.28$40,556
Mar 201308,06293.623.91$31,546
Feb 2013929,19991.233.42$39,853
Jan 2013011,79891.603.42$40,348
Dec 2012011,32486.773.42$38,730
Nov 2012010,25986.953.62$37,188
Oct 201208,96789.383.40$30,485
Sep 2012908,81494.672.92$34,243
Aug 201208,81492.662.91$25,633
Jul 201208,40385.133.02$25,384
Jun 201208,62979.822.52$21,737
May 201209,10891.612.49$22,664
Apr 2012011,186101.652.00$22,336
Mar 201207,921105.052.22$17,601
Feb 201204,951101.102.57$12,725
Jan 201203,58498.092.73$9,799
Dec 201106,63296.873.24$21,486
Nov 201107,04695.723.31$23,331
Oct 201107,69184.983.65$28,061
Sep 201107,55383.623.99$30,105
Aug 201107,57583.404.15$31,431
Jul 201107,17694.144.52$32,416
Jun 201104,74092.904.64$21,993
May 20111193,04998.134.40$25,108
Apr 201107,514105.964.33$32,560
Mar 201107,36196.364.06$29,866
Feb 2011069485.644.18$2,901
Jan 201106,97586.504.59$32,007
Dec 201006,89785.734.35$29,986
Nov 201006,74980.843.80$25,615
Oct 201006,65578.103.51$23,352
Sep 201007,28572.633.98$28,990
Aug 201001,32873.684.42$5,869
Jul 201001,08572.554.74$5,139
Jun 201001,43370.364.91$7,037
May 201001,67271.124.24$7,081
Apr 201001,48781.694.12$6,130
Mar 201002,12978.394.39$9,343
Feb 20101022,76973.585.44$22,575
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200901,61772.544.11$6,646
Sep 2009010,35465.543.06$31,732
Aug 2009013,07167.423.22$42,069
Jul 2009013,14961.133.46$45,555
Jun 20092613,28566.163.90$53,465
May 2009013,86154.743.93$54,415
Apr 2009013,43146.773.59$48,184
Mar 2009013,97342.144.06$56,716
Feb 2009013,12232.814.63$60,794
Jan 2009014,42635.865.37$77,482
Dec 20086914,30637.105.98$88,069
Nov 2008014,18555.496.86$97,314
Oct 200811415,66275.246.92$116,989
Sep 2008014,838101.767.88$116,880
Aug 2008014,769114.228.48$125,286
Jul 2008014,811131.0811.39$168,689
Jun 2008014,259131.3313.03$185,832
May 2008015,522123.1711.57$179,656
Apr 20087916,231110.3110.45$178,407
Mar 2008019,349101.909.66$186,990
Feb 2008017,74792.538.77$155,651
Jan 200811117,25690.388.21$151,630
Dec 2007015,62988.337.30$114,122
Nov 2007019,05391.677.29$138,929
Oct 200715121,10682.856.92$158,606
Sep 2007019,60475.846.24$122,411
Aug 2007020,13169.066.39$128,596
Jul 2007021,80070.906.39$139,257
Jun 2007016,32362.007.55$123,213
May 2007175858.747.85$10,342
Apr 2007018,39759.617.81$143,592
Mar 200716121,12256.927.30$163,396
Feb 2007019,24855.108.22$158,142
Jan 2007020,34450.306.73$136,851
Dec 200618723,66456.656.92$174,312
Nov 2006020,04254.207.62$152,670
Oct 2006021,63654.906.01$130,115
Sep 2006023,61060.085.04$118,928
Aug 2006021,09568.717.34$154,836
Jul 200638024,51269.376.34$181,834
Jun 2006024,52666.286.38$156,571
May 200618226,25666.016.42$180,709
Apr 200618127,41464.397.36$213,435
Mar 2006029,91556.707.08$211,886
Feb 200637523,82257.597.75$206,243
Jan 2006028,42960.598.93$253,965
Dec 200514228,89154.9413.42$395,386
Nov 2005030,21554.6910.59$319,929
Oct 200504,74658.3413.80$65,475
Sep 200518316,07361.4512.08$205,391
Aug 200518343,78261.519.80$440,182
Jul 200537451,13555.697.84$421,913
Jun 200518141,45152.337.38$315,423
May 20051829,88545.226.65$73,977
Apr 200534548,93949.207.36$377,189
Mar 200552747,98850.377.15$369,893
Feb 200537138,82945.226.31$261,862
Jan 200586453,84843.166.32$377,728
Dec 200466752,15339.866.75$378,676
Nov 2004016,56745.286.33$104,876

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,256 Mcf  × $  3.05 =     $6,871

────────────────────────────────────────────────────
Month total                                   $6,871

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/205720 is the state's own key, not one this site invented.