ISBELL

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 213876District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.7 M
Nov 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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
CondensateDisposition3 bbl$212
GasProduction2,009,332 Mcf$11,661,417
Total$11,661,629

Every month this lease reported (247)

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

247 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 2023065968.962.26$1,488
May 202332,33370.622.23$5,408
Apr 202303,33578.122.24$7,463
Mar 202303,45172.852.39$8,259
Feb 202303,18975.112.47$7,863
Jan 202302,87876.533.39$9,750
Dec 202203,97876.415.73$22,790
Nov 202203,52785.005.65$19,914
Oct 202203,92087.185.86$22,986
Sep 202204,27484.888.16$34,892
Aug 202203,87694.529.13$35,377
Jul 202204,349101.587.54$32,801
Jun 202204,086115.097.98$32,595
May 202205,041109.378.43$42,511
Apr 202204,292104.226.84$29,347
Mar 202205,262108.885.08$26,712
Feb 202203,21091.054.86$15,597
Jan 202202,71981.844.54$12,338
Dec 202104,90171.323.90$19,110
Nov 202104,83577.435.24$25,320
Oct 202104,80179.795.71$27,432
Sep 202105,53069.865.35$29,591
Aug 202105,69966.024.22$24,053
Jul 202105,79670.783.98$23,080
Jun 202105,52069.493.38$18,661
May 202105,42363.483.02$16,365
Apr 202105,48060.362.76$15,116
Mar 202105,50161.302.72$14,946
Feb 202102,98657.805.55$16,566
Jan 202105,79350.412.81$16,280
Dec 202004,28244.642.68$11,456
Nov 202005,27438.772.71$14,274
Oct 202005,99936.972.48$14,868
Sep 202006,26637.091.99$12,476
Aug 202005,06539.982.39$12,081
Jul 202006,36038.371.83$11,608
Jun 202006,69334.901.69$11,313
May 202006,12916.921.81$11,123
Apr 202006,90314.751.80$12,456
Mar 202006,46230.341.86$11,995
Feb 202007,59949.881.98$15,051
Jan 202009,00057.252.09$18,853
Dec 201907,93259.012.30$18,278
Nov 201906,24455.302.75$17,175
Oct 201907,29753.472.42$17,648
Sep 201908,64155.052.66$22,962
Aug 201908,71953.112.30$20,092
Jul 2019010,88556.272.46$26,778
Jun 2019010,38852.782.49$25,879
May 201909,90158.482.74$27,132
Apr 2019010,35662.632.75$28,486
Mar 2019010,42756.803.06$31,929
Feb 201909,15950.852.79$25,574
Jan 201905,09246.033.23$16,438
Dec 2018057946.594.19$2,423
Nov 201801,17652.934.24$4,983
Oct 201801,73161.443.40$5,882
Sep 201802,41959.543.11$7,518
Aug 20180059.403.07$0
Jul 201802,28665.142.93$6,702
Jun 201801,41660.183.08$4,357
May 201802,20365.382.90$6,390
Apr 201802,37063.842.90$6,875
Mar 201803,85161.222.79$10,732
Feb 201801,40861.782.77$3,895
Jan 2018083462.874.01$3,344
Dec 201703,68357.272.92$10,760
Nov 201702,20655.423.12$6,879
Oct 201702,95649.292.98$8,820
Sep 201701,59547.523.09$4,924
Aug 2017085345.373.00$2,563
Jul 201703,38143.873.09$10,438
Jun 201702,22042.493.09$6,854
May 201703,43145.373.26$11,197
Apr 201702,32247.933.21$7,457
Mar 2017093946.772.98$2,802
Feb 201701,57550.452.95$4,650
Jan 201702,77649.413.42$9,491
Dec 201603,37548.763.72$12,565
Nov 201603,57742.492.64$9,459
Oct 201605,81446.193.09$17,967
Sep 201605,86041.553.10$18,170
Aug 201605,67741.442.92$16,601
Jul 201605,87041.622.92$17,166
Jun 201606,57245.352.69$17,651
May 201606,69842.521.99$13,336
Apr 201607,62436.561.99$15,180
Mar 201608,56433.011.79$15,364
Feb 201606,45626.472.06$13,323
Jan 201605,44927.352.36$12,883
Dec 201505,69532.362.00$11,398
Nov 201506,51838.792.17$14,127
Oct 201504,80743.552.43$11,665
Sep 201505,70042.992.76$15,723
Aug 201506,42140.162.87$18,444
Jul 201506,39148.152.95$18,822
Jun 201505,63256.152.88$16,236
May 201504,88555.212.96$14,437
Apr 201505,62849.822.71$15,233
Mar 201506,37442.892.93$18,706
Feb 201505,02744.662.98$14,961
Jan 201506,93143.433.10$21,490
Dec 201407,67354.693.59$27,557
Nov 201407,96470.464.25$33,862
Oct 201407,79378.303.90$30,400
Sep 201406,53486.164.05$26,433
Aug 201404,08789.394.04$16,492
Jul 201402,53596.564.18$10,595
Jun 201408,28598.164.74$39,245
May 201401,86294.734.73$8,801
Apr 20140095.944.81$0
Mar 201402,48495.895.06$12,561
Feb 2014097597.406.19$6,037
Jan 201401,85490.404.86$9,012
Dec 201301,30891.824.35$5,696
Nov 201307,42988.853.74$27,772
Oct 201309,62497.423.78$36,373
Sep 201307,416104.113.72$27,571
Aug 201304,162104.253.52$14,661
Jul 2013010,522102.523.72$39,118
Jun 201309,78994.403.93$38,504
May 201304,96794.834.15$20,608
Apr 201306,74093.964.28$28,865
Mar 201303,96793.623.91$15,522
Feb 201305,17891.233.42$17,708
Jan 201306,04391.603.42$20,667
Dec 201205,92786.773.42$20,271
Nov 201206,15986.953.62$22,326
Oct 201206,93789.383.40$23,584
Sep 201206,54494.672.92$19,098
Aug 201207,11792.662.91$20,697
Jul 201208,78385.133.02$26,532
Jun 201206,55579.822.52$16,512
May 201206,03291.612.49$15,010
Apr 201206,549101.652.00$13,077
Mar 201207,343105.052.22$16,317
Feb 201205,494101.102.57$14,121
Jan 201205,51998.092.73$15,089
Dec 201106,13396.873.24$19,869
Nov 201107,46395.723.31$24,712
Oct 201106,20184.983.65$22,625
Sep 201107,57483.623.99$30,188
Aug 201105,29283.404.15$21,958
Jul 201107,52194.144.52$33,974
Jun 201106,56092.904.64$30,438
May 201109,78498.134.40$43,097
Apr 201103,859105.964.33$16,722
Mar 201103,50296.364.06$14,209
Feb 201105,45185.644.18$22,785
Jan 2011010,14186.504.59$46,535
Dec 201009,84385.734.35$42,795
Nov 201004,13480.843.80$15,690
Oct 201005,10278.103.51$17,902
Sep 201006,35172.633.98$25,274
Aug 201009,37773.684.42$41,440
Jul 2010011,41772.554.74$54,077
Jun 2010012,16370.364.91$59,725
May 2010014,06171.124.24$59,551
Apr 2010014,23481.694.12$58,682
Mar 2010010,26778.394.39$45,058
Feb 2010010,32373.585.44$56,181
Jan 201008,82874.365.96$52,651
Dec 200906,87971.445.48$37,723
Nov 200908,98674.593.75$33,711
Oct 200908,34172.544.11$34,284
Sep 200908,93365.543.06$27,377
Aug 200908,86067.423.22$28,516
Jul 200909,70561.133.46$33,623
Jun 2009011,09066.163.90$43,196
May 2009014,19354.743.93$55,718
Apr 2009013,52946.773.59$48,535
Mar 2009017,15142.144.06$69,616
Feb 2009014,80632.814.63$68,596
Jan 2009017,52135.865.37$94,105
Dec 2008015,14337.105.98$90,512
Nov 2008018,70455.496.86$128,316
Oct 2008018,74275.246.92$129,732
Sep 200801,207101.767.88$9,508
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008010,555131.3313.03$137,559
May 2008018,053123.1711.57$208,951
Apr 200804,990110.3110.45$52,170
Mar 200805,713101.909.66$55,211
Feb 200806,18792.538.77$54,264
Jan 2008024,76790.388.21$203,231
Dec 2007039,42388.337.30$287,866
Nov 20070091.677.29$0
Oct 200705,18682.856.92$35,897
Sep 2007018,55175.846.24$115,835
Aug 2007020,67569.066.39$132,071
Jul 2007014,29670.906.39$91,322
Jun 2007015,39062.007.55$116,171
May 2007023,57458.747.85$184,968
Apr 2007025,60659.617.81$199,860
Mar 2007030,75956.927.30$224,601
Feb 2007024,33255.108.22$199,912
Jan 2007028,07050.306.73$188,823
Dec 2006029,14356.656.92$201,624
Nov 2006032,52954.207.62$247,789
Oct 2006033,74054.906.01$202,906
Sep 200602,17560.085.04$10,956
Aug 200602,22768.717.34$16,346
Jul 2006039,51769.376.34$250,647
Jun 2006039,79266.286.38$254,027
May 2006043,74266.016.42$281,042
Apr 2006047,78464.397.36$351,713
Mar 2006057,24056.707.08$405,426
Feb 2006051,97157.597.75$402,833
Jan 2006072,90260.598.93$651,257
Dec 2005091,61454.9413.42$1,229,038
Nov 2005053,83654.6910.59$570,037

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                  659 Mcf  × $  2.26 =     $1,488

────────────────────────────────────────────────────
Month total                                   $1,488

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/213876 is the state's own key, not one this site invented.