ALTARAS

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 214953District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Dec 2005 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
246
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
GasProduction1,207,455 Mcf$6,241,710
Total$6,241,710

Every month this lease reported (246)

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

246 months

May 20262,278106.413.05$6,938
Apr 20262,21898.932.87$6,365
Mar 20262,33389.753.15$7,348
Feb 20262,12963.503.75$7,984
Jan 20262,35259.138.00$18,811
Dec 20252,36656.664.41$10,442
Nov 20252,14758.593.93$8,430
Oct 20252,34159.383.30$7,737
Sep 20252,40562.743.08$7,400
Aug 20252,50763.933.01$7,558
Jul 20252,53666.743.32$8,407
Jun 20252,42366.483.13$7,581
May 20252,49760.553.23$8,071
Apr 20252,42862.363.54$8,603
Mar 20252,53467.704.27$10,816
Feb 20252,35170.884.34$10,205
Jan 20252,64874.324.28$11,330
Dec 20242,76568.993.12$8,631
Nov 20242,50669.052.20$5,509
Oct 20242,29071.372.28$5,224
Sep 20241,93469.612.36$4,573
Aug 20241,86475.632.06$3,847
Jul 20241,96079.932.15$4,207
Jun 20241,95978.082.63$5,160
May 20242,29778.812.20$5,050
Apr 20242,46084.451.66$4,082
Mar 20242,63180.301.55$4,065
Feb 20242,47276.091.78$4,409
Jan 20242,56673.023.30$8,462
Dec 20232,55771.262.61$6,676
Nov 20232,63377.892.81$7,392
Oct 20232,86185.443.09$8,833
Sep 20232,69689.042.74$7,374
Aug 20232,66680.522.67$7,126
Jul 20232,65874.852.64$7,022
Jun 20232,52768.962.26$5,707
May 20232,70170.622.23$6,016
Apr 20232,72978.122.24$6,107
Mar 20232,62572.852.39$6,282
Feb 20232,23375.112.47$5,506
Jan 20232,93976.533.39$9,957
Dec 20222,83176.415.73$16,219
Nov 20222,66685.005.65$15,053
Oct 20222,57387.185.86$15,087
Sep 20222,53984.888.16$20,728
Aug 20224,24594.529.13$38,745
Jul 20222,921101.587.54$22,030
Jun 20222,966115.097.98$23,660
May 20223,565109.378.43$30,064
Apr 20223,391104.226.84$23,186
Mar 20223,043108.885.08$15,447
Feb 20222,60891.054.86$12,672
Jan 20222,95981.844.54$13,427
Dec 20213,11571.323.90$12,146
Nov 20213,30777.435.24$17,318
Oct 20213,95679.795.71$22,604
Sep 20212,44969.865.35$13,104
Aug 20212,63566.024.22$11,121
Jul 20212,60670.783.98$10,377
Jun 20212,70369.493.38$9,138
May 20212,74263.483.02$8,274
Apr 20212,57160.362.76$7,092
Mar 20212,65061.302.72$7,200
Feb 20212,46157.805.55$13,654
Jan 20212,79550.412.81$7,855
Dec 20202,82944.642.68$7,569
Nov 20202,75338.772.71$7,451
Oct 20203,02836.972.48$7,505
Sep 20202,69537.091.99$5,366
Aug 20202,69939.982.39$6,437
Jul 20202,84238.371.83$5,187
Jun 20202,58034.901.69$4,361
May 20202,60916.921.81$4,735
Apr 20202,58714.751.80$4,668
Mar 20202,75130.341.86$5,106
Feb 20202,52149.881.98$4,993
Jan 20202,69957.252.09$5,654
Dec 20192,77359.012.30$6,390
Nov 20192,57155.302.75$7,072
Oct 20192,68453.472.42$6,491
Sep 20192,74755.052.66$7,300
Aug 20192,87753.112.30$6,630
Jul 20192,80756.272.46$6,905
Jun 20192,57852.782.49$6,422
May 20192,77858.482.74$7,613
Apr 20192,70562.632.75$7,441
Mar 20192,85356.803.06$8,736
Feb 20192,64750.852.79$7,391
Jan 20192,91546.033.23$9,410
Dec 20182,92246.594.19$12,230
Nov 20182,99852.934.24$12,703
Oct 20183,07361.443.40$10,442
Sep 20183,11559.543.11$9,681
Aug 20183,13559.403.07$9,614
Jul 20183,12965.142.93$9,174
Jun 20183,04660.183.08$9,372
May 20183,13965.382.90$9,106
Apr 20183,04063.842.90$8,818
Mar 20183,18961.222.79$8,887
Feb 20182,99261.782.77$8,276
Jan 20183,29862.874.01$13,223
Dec 20173,33757.272.92$9,749
Nov 20173,27655.423.12$10,216
Oct 20173,39649.292.98$10,133
Sep 20173,27347.523.09$10,105
Aug 20173,36445.373.00$10,107
Jul 20173,35043.873.09$10,342
Jun 20173,18042.493.09$9,818
May 20173,32645.373.26$10,854
Apr 20173,28347.933.21$10,544
Mar 20173,33346.772.98$9,945
Feb 20172,98050.452.95$8,799
Jan 20173,32449.413.42$11,364
Dec 20163,39448.763.72$12,635
Nov 20163,28842.492.64$8,695
Oct 20163,39146.193.09$10,479
Sep 20163,38441.553.10$10,493
Aug 20163,28541.442.92$9,606
Jul 20163,21541.622.92$9,402
Jun 20163,16545.352.69$8,501
May 20163,29242.521.99$6,555
Apr 20163,13236.561.99$6,236
Mar 20163,36333.011.79$6,033
Feb 20163,14726.472.06$6,494
Jan 20163,40927.352.36$8,060
Dec 20153,29832.362.00$6,601
Nov 20153,40838.792.17$7,386
Oct 20153,13743.552.43$7,612
Sep 20153,27742.992.76$9,039
Aug 20153,57040.162.87$10,255
Jul 20153,54748.152.95$10,446
Jun 20153,84256.152.88$11,076
May 20154,10455.212.96$12,129
Apr 20154,09949.822.71$11,094
Mar 20154,38442.892.93$12,866
Feb 20153,91244.662.98$11,643
Jan 20154,05943.433.10$12,585
Dec 20143,89554.693.59$13,988
Nov 20143,86570.464.25$16,433
Oct 20143,95678.303.90$15,432
Sep 20143,88886.164.05$15,729
Aug 20144,07489.394.04$16,439
Jul 20144,33796.564.18$18,127
Jun 20144,17198.164.74$19,758
May 20144,23694.734.73$20,022
Apr 20144,25095.944.81$20,439
Mar 20144,36995.895.06$22,093
Feb 20143,87197.406.19$23,969
Jan 20144,47190.404.86$21,732
Dec 20134,21491.824.35$18,350
Nov 20134,12588.853.74$15,420
Oct 20134,21697.423.78$15,934
Sep 20133,794104.113.72$14,105
Aug 20134,120104.253.52$14,513
Jul 20134,261102.523.72$15,841
Jun 20134,18294.403.93$16,450
May 20134,43994.834.15$18,418
Apr 20134,17793.964.28$17,888
Mar 20134,40293.623.91$17,224
Feb 20134,04991.233.42$13,847
Jan 20134,34091.603.42$14,842
Dec 20124,46986.773.42$15,285
Nov 20124,31986.953.62$15,656
Oct 20124,56789.383.40$15,526
Sep 20124,56094.672.92$13,308
Aug 20125,19992.662.91$15,120
Jul 20125,04085.133.02$15,225
Jun 20124,85079.822.52$12,217
May 20125,18091.612.49$12,890
Apr 20125,113101.652.00$10,210
Mar 20124,964105.052.22$11,030
Feb 20120101.102.57$0
Jan 20125,01998.092.73$13,722
Dec 20115,11796.873.24$16,578
Nov 20114,84095.723.31$16,027
Oct 20115,06284.983.65$18,469
Sep 20115,01083.623.99$19,969
Aug 20115,03483.404.15$20,888
Jul 20115,09194.144.52$22,997
Jun 20115,00492.904.64$23,218
May 20115,13998.134.40$22,636
Apr 20114,955105.964.33$21,471
Mar 2011096.364.06$0
Feb 20114,54285.644.18$18,985
Jan 20115,00886.504.59$22,981
Dec 20104,63485.734.35$20,147
Nov 20104,79580.843.80$18,199
Oct 20105,67978.103.51$19,927
Sep 20104,99072.633.98$19,858
Aug 20105,45973.684.42$24,125
Jul 20105,56272.554.74$26,344
Jun 20105,66470.364.91$27,813
May 20105,94671.124.24$25,183
Apr 20105,14181.694.12$21,195
Mar 20105,31178.394.39$23,308
Feb 20103,69673.585.44$20,115
Jan 20105,81074.365.96$34,651
Dec 20096,05571.445.48$33,204
Nov 20096,02174.593.75$22,588
Oct 20096,13572.544.11$25,216
Sep 20095,38765.543.06$16,510
Aug 20096,14067.423.22$19,762
Jul 20096,95461.133.46$24,092
Jun 20096,69666.163.90$26,081
May 20097,32854.743.93$28,768
Apr 20096,31546.773.59$22,655
Mar 20096,96542.144.06$28,271
Feb 20096,90732.814.63$32,000
Jan 20098,89835.865.37$47,791
Dec 20089,61937.105.98$57,494
Nov 20088,82655.496.86$60,550
Oct 200810,26975.246.92$71,082
Sep 2008906101.767.88$7,137
Aug 20086,135114.228.48$52,043
Jul 20085,419131.0811.39$61,719
Jun 20083,263131.3313.03$42,525
May 20088,718123.1711.57$100,905
Apr 20089,041110.3110.45$94,522
Mar 200810,590101.909.66$102,343
Feb 200810,20692.538.77$89,513
Jan 20089,85790.388.21$80,884
Dec 200710,57188.337.30$77,189
Nov 200710,52991.677.29$76,774
Oct 200710,80282.856.92$74,771
Sep 200710,00375.846.24$62,460
Aug 20079,73069.066.39$62,155
Jul 200710,77470.906.39$68,824
Jun 200711,73862.007.55$88,604
May 200712,77958.747.85$100,268
Apr 200712,61159.617.81$98,431
Mar 200712,53056.927.30$91,494
Feb 200712,16955.108.22$99,981
Jan 20078,81150.306.73$59,270
Dec 20069,12456.656.92$63,124
Nov 200610,51054.207.62$80,060
Oct 200614,12054.906.01$84,915
Sep 200614,49860.085.04$73,029
Aug 200616,98168.717.34$124,639
Jul 200618,52669.376.34$117,506
Jun 200619,10966.286.38$121,990
May 200621,58566.016.42$138,684
Apr 200621,93664.397.36$161,459
Mar 200624,99156.707.08$177,009
Feb 200622,24757.597.75$172,439
Jan 200626,74560.598.93$238,922
Dec 200514,46854.9413.42$194,094

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                2,278 Mcf  × $  3.05 =     $6,938

────────────────────────────────────────────────────
Month total                                   $6,938

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/214953 is the state's own key, not one this site invented.