PARNELL

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 216409District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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
GasProduction1,406,150 Mcf$7,934,488
Total$7,934,488

Every month this lease reported (245)

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

245 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 202331376.533.39$1,060
Dec 202260676.415.73$3,472
Nov 20221,32585.005.65$7,481
Oct 20221,44387.185.86$8,461
Sep 20222,15884.888.16$17,617
Aug 20221,63394.529.13$14,905
Jul 20222,158101.587.54$16,276
Jun 20221,511115.097.98$12,054
May 20221,867109.378.43$15,744
Apr 20221,693104.226.84$11,576
Mar 20221,963108.885.08$9,965
Feb 20221,63491.054.86$7,939
Jan 20221,91281.844.54$8,676
Dec 20212,09471.323.90$8,165
Nov 20212,01277.435.24$10,537
Oct 20212,03479.795.71$11,622
Sep 20212,06869.865.35$11,066
Aug 20212,03266.024.22$8,576
Jul 20212,10770.783.98$8,390
Jun 20212,11869.493.38$7,160
May 20212,10563.483.02$6,352
Apr 20212,20260.362.76$6,074
Mar 20212,61761.302.72$7,110
Feb 20212,22857.805.55$12,361
Jan 20212,09850.412.81$5,896
Dec 20201,99644.642.68$5,340
Nov 20202,30338.772.71$6,233
Oct 20202,38136.972.48$5,901
Sep 20202,09537.091.99$4,171
Aug 20202,43039.982.39$5,796
Jul 20202,46338.371.83$4,495
Jun 20202,40834.901.69$4,070
May 20202,61616.921.81$4,747
Apr 20202,72814.751.80$4,922
Mar 20202,79730.341.86$5,192
Feb 20202,56149.881.98$5,073
Jan 20203,01457.252.09$6,314
Dec 20192,93159.012.30$6,754
Nov 20192,35655.302.75$6,481
Oct 20192,66553.472.42$6,445
Sep 20192,67655.052.66$7,111
Aug 20192,55053.112.30$5,876
Jul 20192,49556.272.46$6,138
Jun 20193,11852.782.49$7,768
May 20193,27158.482.74$8,964
Apr 20193,43962.632.75$9,460
Mar 20192,55556.803.06$7,824
Feb 20192,50150.852.79$6,983
Jan 20193,11546.033.23$10,056
Dec 20183,10946.594.19$13,013
Nov 20182,70252.934.24$11,449
Oct 20183,63561.443.40$12,352
Sep 20183,55559.543.11$11,049
Aug 20183,55859.403.07$10,911
Jul 20183,86565.142.93$11,332
Jun 20183,91060.183.08$12,031
May 20184,11565.382.90$11,937
Apr 20183,56063.842.90$10,327
Mar 20183,76161.222.79$10,481
Feb 20183,42361.782.77$9,468
Jan 20183,92262.874.01$15,725
Dec 20173,39357.272.92$9,913
Nov 20173,89855.423.12$12,155
Oct 20174,85049.292.98$14,471
Sep 20172,28947.523.09$7,067
Aug 20171,92645.373.00$5,786
Jul 20173,26443.873.09$10,077
Jun 20172,18342.493.09$6,740
May 20172,71845.373.26$8,870
Apr 20172,90047.933.21$9,314
Mar 20173,75146.772.98$11,192
Feb 20172,68150.452.95$7,916
Jan 20173,50849.413.42$11,993
Dec 20163,40948.763.72$12,691
Nov 20163,48642.492.64$9,218
Oct 20163,51846.193.09$10,872
Sep 20163,71141.553.10$11,506
Aug 20164,03741.442.92$11,806
Jul 20163,37441.622.92$9,867
Jun 20163,32745.352.69$8,936
May 20163,31442.521.99$6,598
Apr 20162,75336.561.99$5,481
Mar 20162,90733.011.79$5,215
Feb 20162,86126.472.06$5,904
Jan 20163,24127.352.36$7,663
Dec 20153,20132.362.00$6,407
Nov 20153,03938.792.17$6,587
Oct 20153,34843.552.43$8,124
Sep 20153,30942.992.76$9,128
Aug 20153,44740.162.87$9,901
Jul 20153,53548.152.95$10,411
Jun 20152,94556.152.88$8,490
May 20153,66255.212.96$10,823
Apr 20153,69049.822.71$9,987
Mar 20153,79742.892.93$11,143
Feb 20153,36044.662.98$10,000
Jan 20153,95043.433.10$12,247
Dec 20144,12454.693.59$14,811
Nov 20143,89870.464.25$16,574
Oct 20143,68978.303.90$14,391
Sep 20143,66986.164.05$14,843
Aug 20143,80289.394.04$15,342
Jul 20143,91196.564.18$16,346
Jun 20143,63198.164.74$17,200
May 20144,01494.734.73$18,972
Apr 20144,39995.944.81$21,155
Mar 20143,82795.895.06$19,352
Feb 20143,60497.406.19$22,316
Jan 20144,16190.404.86$20,225
Dec 20134,47791.824.35$19,495
Nov 20134,31888.853.74$16,142
Oct 20134,33197.423.78$16,368
Sep 20133,982104.113.72$14,804
Aug 20134,204104.253.52$14,809
Jul 20134,071102.523.72$15,135
Jun 20134,37194.403.93$17,193
May 20134,83994.834.15$20,077
Apr 20134,31293.964.28$18,467
Mar 20135,68693.623.91$22,249
Feb 20135,81891.233.42$19,897
Jan 20135,50591.603.42$18,827
Dec 20124,66686.773.42$15,958
Nov 20124,49986.953.62$16,309
Oct 20124,30889.383.40$14,646
Sep 20124,32394.672.92$12,616
Aug 20123,87792.662.91$11,275
Jul 20123,88185.133.02$11,724
Jun 20124,20779.822.52$10,598
May 20124,57891.612.49$11,392
Apr 20124,314101.652.00$8,614
Mar 20124,252105.052.22$9,448
Feb 20124,673101.102.57$12,011
Jan 20124,98598.092.73$13,629
Dec 20115,01896.873.24$16,257
Nov 20114,90795.723.31$16,248
Oct 20115,26884.983.65$19,221
Sep 20114,93883.623.99$19,682
Aug 20114,92083.404.15$20,415
Jul 20114,66994.144.52$21,091
Jun 20114,47392.904.64$20,754
May 20115,71998.134.40$25,191
Apr 20115,434105.964.33$23,547
Mar 20116,16896.364.06$25,026
Feb 20115,55785.644.18$23,228
Jan 20116,54486.504.59$30,029
Dec 20106,63285.734.35$28,834
Nov 20106,90480.843.80$26,203
Oct 20106,23378.103.51$21,871
Sep 20105,61472.633.98$22,341
Aug 20105,80873.684.42$25,668
Jul 20106,51072.554.74$30,835
Jun 20106,21670.364.91$30,523
May 20106,95671.124.24$29,460
Apr 20106,66381.694.12$27,469
Mar 20107,32178.394.39$32,129
Feb 20106,80573.585.44$37,035
Jan 20107,44774.365.96$44,415
Dec 20097,37371.445.48$40,432
Nov 20096,85674.593.75$25,720
Oct 20097,52572.544.11$30,930
Sep 20097,12965.543.06$21,849
Aug 20096,35967.423.22$20,466
Jul 20096,43061.133.46$22,277
Jun 20097,02466.163.90$27,358
May 20097,55154.743.93$29,643
Apr 20096,91446.773.59$24,804
Mar 20098,29542.144.06$33,669
Feb 20097,95432.814.63$36,851
Jan 20098,65235.865.37$46,470
Dec 20088,83637.105.98$52,814
Nov 20088,59655.496.86$58,972
Oct 20089,40175.246.92$65,074
Sep 20088,650101.767.88$68,137
Aug 20089,278114.228.48$78,705
Jul 200810,597131.0811.39$120,694
Jun 200810,328131.3313.03$134,601
May 20089,677123.1711.57$112,004
Apr 20089,984110.3110.45$104,381
Mar 200810,660101.909.66$103,019
Feb 200812,32592.538.77$108,097
Jan 200811,18490.388.21$91,773
Dec 200710,58288.337.30$77,269
Nov 200712,28391.677.29$89,564
Oct 200711,71882.856.92$81,112
Sep 200712,14975.846.24$75,860
Aug 200713,91569.066.39$88,888
Jul 200716,32970.906.39$104,309
Jun 200712,92562.007.55$97,564
May 200715,00558.747.85$117,733
Apr 200714,95659.617.81$116,735
Mar 200715,53356.927.30$113,422
Feb 200716,39355.108.22$134,685
Jan 200714,71250.306.73$98,965
Dec 200620,57156.656.92$142,319
Nov 200627,14754.207.62$206,792
Oct 200628,19554.906.01$169,559
Sep 200629,86060.085.04$150,411
Aug 200633,03368.717.34$242,460
Jul 200635,40369.376.34$224,553
Jun 200636,99066.286.38$236,140
May 200644,50066.016.42$285,913
Apr 200649,08964.397.36$361,319
Mar 200662,63756.707.08$443,653
Feb 200679,19657.597.75$613,858
Jan 200616,42960.598.93$146,766

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.

Jan 2023 — as filed, then multipliedworked
Gas                  313 Mcf  × $  3.39 =     $1,060

────────────────────────────────────────────────────
Month total                                   $1,060

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/216409 is the state's own key, not one this site invented.