SNODGRESS, RANDAL

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 216603District 09Field 65280200GasSaveExport
Value, all time
$14.6 M
Apr 2006 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
242
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
GasProduction2,819,743 Mcf$14,571,487
Total$14,571,487

Every month this lease reported (242)

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

242 months

May 20264,116106.413.05$12,537
Apr 20263,93198.932.87$11,281
Mar 20264,10189.753.15$12,916
Feb 20263,72963.503.75$13,985
Jan 20264,17959.138.00$33,423
Dec 20254,22256.664.41$18,633
Nov 20254,04358.593.93$15,875
Oct 20254,21959.383.30$13,943
Sep 20254,17462.743.08$12,843
Aug 20254,19563.933.01$12,647
Jul 20254,23566.743.32$14,040
Jun 20254,12266.483.13$12,897
May 20254,29960.553.23$13,896
Apr 20254,05162.363.54$14,353
Mar 20254,33167.704.27$18,486
Feb 20253,94370.884.34$17,116
Jan 20254,36874.324.28$18,689
Dec 20244,47568.993.12$13,968
Nov 20244,51469.052.20$9,924
Oct 20244,71071.372.28$10,745
Sep 20244,20569.612.36$9,942
Aug 20244,31175.632.06$8,896
Jul 20244,33979.932.15$9,314
Jun 20244,34378.082.63$11,439
May 20244,46078.812.20$9,805
Apr 20244,46084.451.66$7,400
Mar 20244,63380.301.55$7,159
Feb 20244,45176.091.78$7,939
Jan 20244,71773.023.30$15,555
Dec 20234,81771.262.61$12,576
Nov 20234,69577.892.81$13,181
Oct 20234,91985.443.09$15,186
Sep 20234,85189.042.74$13,268
Aug 20234,87080.522.67$13,017
Jul 20234,95774.852.64$13,095
Jun 20234,76068.962.26$10,750
May 20234,93770.622.23$10,997
Apr 20234,77778.122.24$10,690
Mar 20234,97372.852.39$11,901
Feb 20234,55775.112.47$11,236
Jan 20235,34476.533.39$18,104
Dec 20225,07876.415.73$29,092
Nov 20224,91585.005.65$27,751
Oct 20225,15887.185.86$30,245
Sep 20225,20784.888.16$42,508
Aug 20225,52894.529.13$50,455
Jul 20225,573101.587.54$42,032
Jun 20225,503115.097.98$43,899
May 20225,723109.378.43$48,262
Apr 20225,452104.226.84$37,279
Mar 20225,710108.885.08$28,986
Feb 20225,27091.054.86$25,606
Jan 20225,88181.844.54$26,686
Dec 20215,86671.323.90$22,872
Nov 20215,78577.435.24$30,295
Oct 20215,99279.795.71$34,238
Sep 20215,81769.865.35$31,126
Aug 20216,01366.024.22$25,378
Jul 20216,14970.783.98$24,486
Jun 20216,12369.493.38$20,700
May 20216,49963.483.02$19,612
Apr 20216,41560.362.76$17,695
Mar 20216,82461.302.72$18,540
Feb 20216,20457.805.55$34,419
Jan 20216,90050.412.81$19,391
Dec 20207,21744.642.68$19,309
Nov 20207,09738.772.71$19,209
Oct 20207,53836.972.48$18,682
Sep 20207,50837.091.99$14,949
Aug 20207,87639.982.39$18,785
Jul 20208,02338.371.83$14,643
Jun 20207,63734.901.69$12,909
May 20207,67316.921.81$13,925
Apr 20208,11714.751.80$14,646
Mar 20207,52630.341.86$13,970
Feb 20207,62849.881.98$15,109
Jan 20208,33157.252.09$17,451
Dec 20198,29059.012.30$19,103
Nov 20193,99355.302.75$10,984
Oct 20194,54853.472.42$11,000
Sep 20195,15055.052.66$13,685
Aug 20196,06453.112.30$13,974
Jul 20195,64056.272.46$13,875
Jun 20197,40252.782.49$18,440
May 20197,30558.482.74$20,018
Apr 20196,90262.632.75$18,985
Mar 20197,44556.803.06$22,797
Feb 20196,80650.852.79$19,004
Jan 20196,54346.033.23$21,122
Dec 20185,86046.594.19$24,527
Nov 20185,35852.934.24$22,703
Oct 20185,89361.443.40$20,025
Sep 20185,72459.543.11$17,790
Aug 20186,00659.403.07$18,418
Jul 20186,05265.142.93$17,744
Jun 20186,08860.183.08$18,732
May 20186,47465.382.90$18,780
Apr 20186,24463.842.90$18,113
Mar 20186,60261.222.79$18,399
Feb 20185,81461.782.77$16,082
Jan 20186,56562.874.01$26,321
Dec 20176,47957.272.92$18,929
Nov 20176,37655.423.12$19,883
Oct 20176,61149.292.98$19,725
Sep 20176,43847.523.09$19,876
Aug 20176,62445.373.00$19,901
Jul 20176,72743.873.09$20,768
Jun 20176,56642.493.09$20,271
May 20177,33245.373.26$23,927
Apr 20177,01347.933.21$22,523
Mar 20177,32246.772.98$21,847
Feb 20176,96250.452.95$20,556
Jan 20177,65449.413.42$26,168
Dec 20167,72148.763.72$28,744
Nov 20167,21242.492.64$19,071
Oct 20167,71946.193.09$23,854
Sep 20166,66841.553.10$20,675
Aug 20167,47841.442.92$21,868
Jul 20167,51041.622.92$21,962
Jun 20167,33245.352.69$19,693
May 20167,29742.521.99$14,529
Apr 20167,18336.561.99$14,302
Mar 20167,50933.011.79$13,471
Feb 20166,94826.472.06$14,338
Jan 20167,41927.352.36$17,541
Dec 20157,47232.362.00$14,955
Nov 20157,23738.792.17$15,685
Oct 20157,50543.552.43$18,211
Sep 20157,07742.992.76$19,521
Aug 20157,78340.162.87$22,357
Jul 20157,96748.152.95$23,463
Jun 20158,07856.152.88$23,288
May 20158,51255.212.96$25,157
Apr 20158,30849.822.71$22,486
Mar 20158,58842.892.93$25,203
Feb 20157,85544.662.98$23,378
Jan 20158,62943.433.10$26,755
Dec 20149,05554.693.59$32,520
Nov 20148,71270.464.25$37,042
Oct 20148,56278.303.90$33,400
Sep 20147,28786.164.05$29,479
Aug 20147,23589.394.04$29,194
Jul 20147,48996.564.18$31,301
Jun 20147,68098.164.74$36,379
May 20147,57394.734.73$35,794
Apr 20147,92495.944.81$38,107
Mar 20148,93395.895.06$45,172
Feb 20148,22997.406.19$50,954
Jan 20149,43490.404.86$45,856
Dec 20139,76291.824.35$42,508
Nov 20139,57588.853.74$35,794
Oct 20139,97397.423.78$37,692
Sep 20139,439104.113.72$35,092
Aug 20139,538104.253.52$33,599
Jul 20139,654102.523.72$35,891
Jun 20139,77394.403.93$38,441
May 201310,72894.834.15$44,511
Apr 201310,30493.964.28$44,128
Mar 201310,32093.623.91$40,381
Feb 20139,51091.233.42$32,523
Jan 201310,53491.603.42$36,025
Dec 201210,39586.773.42$35,553
Nov 20129,98686.953.62$36,199
Oct 20129,90589.383.40$33,674
Sep 201210,06394.672.92$29,368
Aug 201210,28592.662.91$29,910
Jul 201210,25385.133.02$30,972
Jun 201210,13979.822.52$25,541
May 201210,64091.612.49$26,476
Apr 201210,152101.652.00$20,272
Mar 201210,848105.052.22$24,105
Feb 201211,052101.102.57$28,406
Jan 201212,49898.092.73$34,171
Dec 201113,16796.873.24$42,658
Nov 201112,97795.723.31$42,970
Oct 201112,19384.983.65$44,487
Sep 201111,09183.623.99$44,207
Aug 201110,44183.404.15$43,323
Jul 20117,69994.144.52$34,778
Jun 20115,55792.904.64$25,784
May 20116,41698.134.40$28,261
Apr 201110,610105.964.33$45,976
Mar 201110,92096.364.06$44,306
Feb 20119,49585.644.18$39,689
Jan 20119,81286.504.59$45,025
Dec 20108,97485.734.35$39,017
Nov 20107,73980.843.80$29,372
Oct 20103,94278.103.51$13,832
Sep 20101,36372.633.98$5,424
Aug 201011,96473.684.42$52,873
Jul 201011,70472.554.74$55,436
Jun 201012,00470.364.91$58,944
May 201013,54071.124.24$57,345
Apr 201013,65581.694.12$56,295
Mar 201014,19378.394.39$62,288
Feb 201013,29073.585.44$72,329
Jan 201012,34674.365.96$73,633
Dec 200911,33071.445.48$62,131
Nov 200912,90374.593.75$48,406
Oct 200913,58272.544.11$55,825
Sep 200913,09965.543.06$40,145
Aug 200913,57967.423.22$43,704
Jul 200915,24161.133.46$52,802
Jun 200914,77866.163.90$57,560
May 200916,45154.743.93$64,583
Apr 200914,54446.773.59$52,177
Mar 200916,52342.144.06$67,067
Feb 200915,92132.814.63$73,762
Jan 200918,11235.865.37$97,280
Dec 200818,05337.105.98$107,905
Nov 200818,39555.496.86$126,196
Oct 200818,70275.246.92$129,455
Sep 200818,807101.767.88$148,144
Aug 200819,811114.228.48$168,057
Jul 200822,881131.0811.39$260,602
Jun 200818,918131.3313.03$246,551
May 20089,257123.1711.57$107,143
Apr 200821,456110.3110.45$224,319
Mar 200823,301101.909.66$225,183
Feb 200821,25292.538.77$186,392
Jan 200822,45090.388.21$184,219
Dec 200726,75888.337.30$195,386
Nov 200726,00791.677.29$189,635
Oct 200727,43082.856.92$189,870
Sep 200727,68275.846.24$172,851
Aug 200730,21669.066.39$193,018
Jul 200731,33870.906.39$200,185
Jun 200729,91662.007.55$225,819
May 200731,08258.747.85$243,878
Apr 200732,72859.617.81$255,449
Mar 200735,79856.927.30$261,396
Feb 200735,26355.108.22$289,721
Jan 200742,22750.306.73$284,055
Dec 200645,85456.656.92$317,238
Nov 200645,33054.207.62$345,300
Oct 200650,96554.906.01$306,493
Sep 200658,61960.085.04$295,276
Aug 200666,64968.717.34$489,198
Jul 200661,72069.376.34$391,475
Jun 200686,96966.286.38$555,200
May 2006118,16966.016.42$759,236
Apr 200683,17864.397.36$612,230

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                4,116 Mcf  × $  3.05 =    $12,537

────────────────────────────────────────────────────
Month total                                  $12,537

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/216603 is the state's own key, not one this site invented.