GLADYS DIKE

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 214316District 09Field 65280200GasSaveExport
Value, all time
$10.6 M
Nov 2005 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
247
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
GasProduction1,941,720 Mcf$10,638,893
Total$10,638,893

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 20262,122106.413.05$6,463
Apr 20261,90298.932.87$5,458
Mar 20262,06289.753.15$6,494
Feb 20261,87663.503.75$7,036
Jan 20261,87459.138.00$14,988
Dec 20251,86756.664.41$8,240
Nov 20251,87158.593.93$7,346
Oct 20252,31459.383.30$7,647
Sep 20252,36062.743.08$7,262
Aug 20252,47963.933.01$7,474
Jul 20252,20866.743.32$7,320
Jun 20252,21566.483.13$6,930
May 20252,43160.553.23$7,858
Apr 20252,16562.363.54$7,671
Mar 20252,18467.704.27$9,322
Feb 20251,96070.884.34$8,508
Jan 20252,18974.324.28$9,366
Dec 20242,08168.993.12$6,496
Nov 20242,03069.052.20$4,463
Oct 20242,19371.372.28$5,003
Sep 20242,14469.612.36$5,069
Aug 20242,11875.632.06$4,371
Jul 20242,24679.932.15$4,821
Jun 20242,27778.082.63$5,998
May 20242,37178.812.20$5,213
Apr 20242,33484.451.66$3,873
Mar 20242,44780.301.55$3,781
Feb 20242,15076.091.78$3,835
Jan 20242,29073.023.30$7,552
Dec 20232,31671.262.61$6,046
Nov 20232,24677.892.81$6,306
Oct 20232,33885.443.09$7,218
Sep 20232,31889.042.74$6,340
Aug 20232,36380.522.67$6,316
Jul 20232,12174.852.64$5,603
Jun 20232,22368.962.26$5,021
May 20232,16570.622.23$4,822
Apr 20232,08878.122.24$4,672
Mar 20232,34572.852.39$5,612
Feb 20232,42975.112.47$5,989
Jan 20232,70776.533.39$9,171
Dec 20222,62176.415.73$15,016
Nov 20222,47185.005.65$13,952
Oct 20222,44287.185.86$14,319
Sep 20222,14384.888.16$17,495
Aug 20222,23594.529.13$20,399
Jul 20222,311101.587.54$17,430
Jun 20222,535115.097.98$20,222
May 20222,557109.378.43$21,563
Apr 20222,642104.226.84$18,065
Mar 20222,780108.885.08$14,112
Feb 20222,45891.054.86$11,943
Jan 20222,72381.844.54$12,356
Dec 20212,74071.323.90$10,684
Nov 20212,72877.435.24$14,286
Oct 20212,75179.795.71$15,719
Sep 20212,59569.865.35$13,886
Aug 20212,68766.024.22$11,341
Jul 20212,95670.783.98$11,771
Jun 20212,63469.493.38$8,905
May 20212,68263.483.02$8,093
Apr 20212,92760.362.76$8,074
Mar 20212,94161.302.72$7,991
Feb 20212,77657.805.55$15,401
Jan 20212,66350.412.81$7,484
Dec 20202,60144.642.68$6,959
Nov 20202,60438.772.71$7,048
Oct 20203,01436.972.48$7,470
Sep 20202,98037.091.99$5,933
Aug 20203,27939.982.39$7,821
Jul 20203,32738.371.83$6,072
Jun 20203,09434.901.69$5,230
May 20203,41916.921.81$6,205
Apr 20203,27714.751.80$5,913
Mar 20203,46130.341.86$6,424
Feb 20203,37949.881.98$6,693
Jan 20203,62557.252.09$7,593
Dec 20193,75159.012.30$8,644
Nov 20193,54655.302.75$9,754
Oct 20193,76153.472.42$9,096
Sep 20193,54055.052.66$9,407
Aug 20192,23753.112.30$5,155
Jul 20192,30756.272.46$5,675
Jun 20193,55352.782.49$8,851
May 20193,82958.482.74$10,493
Apr 20193,84862.632.75$10,585
Mar 20193,81856.803.06$11,691
Feb 20193,29050.852.79$9,186
Jan 20193,62146.033.23$11,689
Dec 20183,61346.594.19$15,122
Nov 20183,66152.934.24$15,513
Oct 20184,16561.443.40$14,153
Sep 20184,83359.543.11$15,021
Aug 20185,08159.403.07$15,581
Jul 20184,91665.142.93$14,413
Jun 20185,35560.183.08$16,477
May 20185,35265.382.90$15,525
Apr 20185,32263.842.90$15,438
Mar 20185,29261.222.79$14,748
Feb 20184,82261.782.77$13,338
Jan 20185,91162.874.01$23,699
Dec 20175,34557.272.92$15,616
Nov 20175,11555.423.12$15,950
Oct 20175,48849.292.98$16,374
Sep 20175,44847.523.09$16,820
Aug 20175,12545.373.00$15,398
Jul 20174,93343.873.09$15,230
Jun 20174,75942.493.09$14,692
May 20174,91745.373.26$16,046
Apr 20174,90447.933.21$15,750
Mar 20175,05646.772.98$15,085
Feb 20174,70050.452.95$13,877
Jan 20175,41049.413.42$18,496
Dec 20165,84448.763.72$21,756
Nov 20165,46942.492.64$14,462
Oct 20166,14046.193.09$18,974
Sep 20165,78441.553.10$17,934
Aug 20166,04341.442.92$17,672
Jul 20166,29841.622.92$18,417
Jun 20166,09045.352.69$16,357
May 20166,17142.521.99$12,287
Apr 20165,88436.561.99$11,715
Mar 20166,17533.011.79$11,078
Feb 20165,68126.472.06$11,723
Jan 20166,11527.352.36$14,458
Dec 20156,32132.362.00$12,651
Nov 20156,62138.792.17$14,350
Oct 20155,41043.552.43$13,128
Sep 20154,94742.992.76$13,646
Aug 20155,79540.162.87$16,646
Jul 20156,54448.152.95$19,273
Jun 20156,34456.152.88$18,289
May 20156,82555.212.96$20,171
Apr 20156,65049.822.71$17,999
Mar 20157,00242.892.93$20,549
Feb 20156,32144.662.98$18,813
Jan 20157,08343.433.10$21,962
Dec 20147,13454.693.59$25,621
Nov 20146,85670.464.25$29,151
Oct 20147,16078.303.90$27,931
Sep 20147,07786.164.05$28,630
Aug 20147,73089.394.04$31,191
Jul 20146,87196.564.18$28,718
Jun 20146,41698.164.74$30,392
May 20147,06394.734.73$33,384
Apr 20147,04595.944.81$33,880
Mar 20147,17795.895.06$36,293
Feb 20147,19297.406.19$44,533
Jan 201410,41490.404.86$50,620
Dec 201310,77991.824.35$46,937
Nov 20138,86688.853.74$33,144
Oct 20138,43297.423.78$31,868
Sep 20138,225104.113.72$30,578
Aug 20139,242104.253.52$32,556
Jul 20138,845102.523.72$32,883
Jun 201312,10894.403.93$47,626
May 201312,42394.834.15$51,544
Apr 20131,64293.964.28$7,032
Mar 201321,00293.623.91$82,178
Feb 20138,62691.233.42$29,500
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 20126,75986.953.62$24,501
Oct 20127,66889.383.40$26,069
Sep 20127,40694.672.92$21,614
Aug 20127,63292.662.91$22,195
Jul 20127,58585.133.02$22,913
Jun 20127,53479.822.52$18,978
May 20127,69391.612.49$19,143
Apr 20127,425101.652.00$14,826
Mar 20127,926105.052.22$17,612
Feb 20127,994101.102.57$20,547
Jan 20128,98798.092.73$24,571
Dec 20118,56696.873.24$27,752
Nov 20118,38195.723.31$27,752
Oct 20118,39384.983.65$30,622
Sep 20118,04283.623.99$32,054
Aug 20118,32483.404.15$34,539
Jul 20118,61794.144.52$38,925
Jun 20118,68392.904.64$40,288
May 20118,84398.134.40$38,952
Apr 20118,177105.964.33$35,433
Mar 20119,05596.364.06$36,739
Feb 20118,28885.644.18$34,644
Jan 20119,85686.504.59$45,227
Dec 20109,85185.734.35$42,830
Nov 20109,49980.843.80$36,052
Oct 20109,92278.103.51$34,815
Sep 201010,08172.633.98$40,117
Aug 201010,31573.684.42$45,586
Jul 201010,12972.554.74$47,976
Jun 201010,01870.364.91$49,192
May 201010,39471.124.24$44,021
Apr 20109,95081.694.12$41,021
Mar 201010,14878.394.39$44,536
Feb 20109,30873.585.44$50,657
Jan 201010,49274.365.96$62,575
Dec 200910,27771.445.48$56,357
Nov 200910,61074.593.75$39,803
Oct 200911,61672.544.11$47,745
Sep 200911,57665.543.06$35,478
Aug 200912,46267.423.22$40,109
Jul 200911,91561.133.46$41,280
Jun 200910,63166.163.90$41,408
May 200911,12354.743.93$43,666
Apr 200910,79146.773.59$38,713
Mar 200911,53642.144.06$46,825
Feb 200910,66132.814.63$49,392
Jan 200911,84435.865.37$63,614
Dec 200812,20337.105.98$72,939
Nov 200811,94955.496.86$81,974
Oct 200812,36775.246.92$85,604
Sep 200812,364101.767.88$97,392
Aug 200811,702114.228.48$99,268
Jul 200810,915131.0811.39$124,316
Jun 200812,196131.3313.03$158,946
May 200813,664123.1711.57$158,151
Apr 200813,512110.3110.45$141,266
Mar 200814,555101.909.66$140,661
Feb 200813,99192.538.77$122,709
Jan 200814,58090.388.21$119,640
Dec 200714,91788.337.30$108,923
Nov 200714,44091.677.29$105,292
Oct 200716,05182.856.92$111,105
Sep 200716,20475.846.24$101,180
Aug 200717,37769.066.39$111,003
Jul 200717,69470.906.39$113,028
Jun 200716,53762.007.55$124,829
May 200716,69458.747.85$130,986
Apr 200715,95159.617.81$124,501
Mar 200717,52956.927.30$127,996
Feb 200718,08255.108.22$148,562
Jan 200719,43250.306.73$130,716
Dec 200620,97656.656.92$145,121
Nov 200620,99954.207.62$159,959
Oct 200623,05954.906.01$138,672
Sep 200623,60260.085.04$118,888
Aug 200625,49468.717.34$187,124
Jul 200626,52969.376.34$168,267
Jun 200626,73766.286.38$170,686
May 200630,04266.016.42$193,020
Apr 200631,61164.397.36$232,672
Mar 200635,86456.707.08$254,022
Feb 200636,26857.597.75$281,118
Jan 200646,59560.598.93$416,248
Dec 200558,75454.9413.42$788,208
Nov 200539,31854.6910.59$416,315

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                2,122 Mcf  × $  3.05 =     $6,463

────────────────────────────────────────────────────
Month total                                   $6,463

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/214316 is the state's own key, not one this site invented.