KEY

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 217138District 09Field 65280200GasSaveExport
Value, all time
$4.6 M
Mar 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
243
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
GasProduction875,219 Mcf$4,603,124
Total$4,603,124

Every month this lease reported (243)

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

243 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 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020939.982.39$21
Jul 20201438.371.83$26
Jun 20206834.901.69$115
May 20201,24316.921.81$2,256
Apr 20201,57514.751.80$2,842
Mar 20202,20830.341.86$4,099
Feb 20202,04449.881.98$4,048
Jan 20202,11657.252.09$4,432
Dec 20192,16659.012.30$4,991
Nov 20191,70055.302.75$4,676
Oct 20192,02153.472.42$4,888
Sep 20192,20355.052.66$5,854
Aug 20192,37153.112.30$5,464
Jul 20192,30956.272.46$5,680
Jun 20192,23552.782.49$5,568
May 20192,39958.482.74$6,574
Apr 20192,32362.632.75$6,390
Mar 20192,34556.803.06$7,181
Feb 20191,96650.852.79$5,490
Jan 20192,39646.033.23$7,735
Dec 20182,26446.594.19$9,476
Nov 20182,27552.934.24$9,640
Oct 20182,24561.443.40$7,629
Sep 20182,56659.543.11$7,975
Aug 20182,58859.403.07$7,936
Jul 20182,44265.142.93$7,160
Jun 20182,44560.183.08$7,523
May 20183,49265.382.90$10,130
Apr 20181,59463.842.90$4,624
Mar 20183,36361.222.79$9,372
Feb 20182,52961.782.77$6,996
Jan 20183,39762.874.01$13,620
Dec 20173,50257.272.92$10,231
Nov 20173,42055.423.12$10,665
Oct 20173,67449.292.98$10,962
Sep 20173,46147.523.09$10,685
Aug 20173,71045.373.00$11,146
Jul 20173,95643.873.09$12,213
Jun 20173,65942.493.09$11,296
May 20173,44945.373.26$11,255
Apr 20173,45447.933.21$11,093
Mar 20173,86246.772.98$11,523
Feb 20172,99750.452.95$8,849
Jan 20172,15849.413.42$7,378
Dec 20164,09548.763.72$15,245
Nov 20163,83742.492.64$10,146
Oct 20164,15946.193.09$12,852
Sep 20163,96441.553.10$12,291
Aug 20164,04941.442.92$11,841
Jul 20163,77041.622.92$11,025
Jun 20163,35345.352.69$9,006
May 20164,30642.521.99$8,573
Apr 20164,06536.561.99$8,094
Mar 20164,24733.011.79$7,619
Feb 20163,87726.472.06$8,001
Jan 20164,75027.352.36$11,231
Dec 20154,71232.362.00$9,431
Nov 20154,80838.792.17$10,421
Oct 20155,01443.552.43$12,167
Sep 20155,00742.992.76$13,811
Aug 20155,77540.162.87$16,589
Jul 20155,52648.152.95$16,275
Jun 20155,15756.152.88$14,867
May 20156,32455.212.96$18,690
Apr 20155,32849.822.71$14,421
Mar 20152,23642.892.93$6,562
Feb 20152,73944.662.98$8,152
Jan 20153,13243.433.10$9,711
Dec 20142,81554.693.59$10,110
Nov 20141,46870.464.25$6,242
Oct 20142,64778.303.90$10,326
Sep 20143,05186.164.05$12,343
Aug 20143,22389.394.04$13,005
Jul 20141,67996.564.18$7,018
Jun 20142,85198.164.74$13,505
May 20142,74594.734.73$12,974
Apr 20142,74195.944.81$13,182
Mar 20142,75495.895.06$13,926
Feb 20142,52497.406.19$15,629
Jan 20143,21690.404.86$15,632
Dec 20133,44791.824.35$15,010
Nov 20133,41088.853.74$12,748
Oct 20133,62797.423.78$13,708
Sep 20132,713104.113.72$10,086
Aug 20131,057104.253.52$3,723
Jul 20132,377102.523.72$8,837
Jun 20132,58294.403.93$10,156
May 20133,17294.834.15$13,161
Apr 20133,04093.964.28$13,019
Mar 20133,25993.623.91$12,752
Feb 20132,87391.233.42$9,825
Jan 20133,25091.603.42$11,115
Dec 20124,26186.773.42$14,573
Nov 20123,39986.953.62$12,321
Oct 20123,13889.383.40$10,668
Sep 20122,84694.672.92$8,306
Aug 20123,09192.662.91$8,989
Jul 20123,12985.133.02$9,452
Jun 20123,46079.822.52$8,716
May 20123,33191.612.49$8,289
Apr 20122,880101.652.00$5,751
Mar 20123,400105.052.22$7,555
Feb 20123,245101.102.57$8,340
Jan 20123,45098.092.73$9,433
Dec 20113,67096.873.24$11,890
Nov 20113,52395.723.31$11,666
Oct 20113,53384.983.65$12,890
Sep 20114,34683.623.99$17,322
Aug 20113,23983.404.15$13,440
Jul 20113,54794.144.52$16,023
Jun 20113,27392.904.64$15,186
May 20113,67498.134.40$16,183
Apr 20112,847105.964.33$12,337
Mar 20113,16096.364.06$12,821
Feb 20113,18585.644.18$13,313
Jan 20113,62786.504.59$16,644
Dec 20103,14385.734.35$13,665
Nov 20102,43480.843.80$9,238
Oct 20103,25578.103.51$11,421
Sep 20102,86572.633.98$11,401
Aug 20102,90573.684.42$12,838
Jul 20103,29872.554.74$15,621
Jun 20103,63870.364.91$17,864
May 20104,06471.124.24$17,212
Apr 20103,70881.694.12$15,287
Mar 20103,49678.394.39$15,343
Feb 20103,73773.585.44$20,338
Jan 20104,51674.365.96$26,934
Dec 20094,92471.445.48$27,002
Nov 20094,87074.593.75$18,270
Oct 20095,03772.544.11$20,703
Sep 20095,19865.543.06$15,931
Aug 20095,32067.423.22$17,122
Jul 20096,09561.133.46$21,116
Jun 20095,97266.163.90$23,261
May 20096,51554.743.93$25,576
Apr 20097,19146.773.59$25,798
Mar 20096,29242.144.06$25,539
Feb 20095,84632.814.63$27,085
Jan 20096,04735.865.37$32,478
Dec 20084,80837.105.98$28,738
Nov 20085,74355.496.86$39,399
Oct 20086,99475.246.92$48,412
Sep 20085,883101.767.88$46,341
Aug 20086,254114.228.48$53,053
Jul 20086,144131.0811.39$69,977
Jun 20086,354131.3313.03$82,809
May 20087,235123.1711.57$83,740
Apr 20087,856110.3110.45$82,133
Mar 20088,039101.909.66$77,689
Feb 20088,29092.538.77$72,708
Jan 20089,26390.388.21$76,010
Dec 20079,74588.337.30$71,158
Nov 20079,69491.677.29$70,686
Oct 20073,58382.856.92$24,801
Sep 20077,53475.846.24$47,044
Aug 20071,10669.066.39$7,065
Jul 20078,70070.906.39$55,575
Jun 200711,66562.007.55$88,053
May 200711,80858.747.85$92,649
Apr 200712,48459.617.81$97,440
Mar 200714,40856.927.30$105,207
Feb 200711,10155.108.22$91,206
Jan 200711,30950.306.73$76,074
Dec 200612,50656.656.92$86,522
Nov 200614,97854.207.62$114,095
Oct 200616,39154.906.01$98,572
Sep 200617,12560.085.04$86,262
Aug 200619,24868.717.34$141,279
Jul 200622,18369.376.34$140,701
Jun 200623,95366.286.38$152,913
May 200630,09766.016.42$193,373
Apr 200636,50164.397.36$268,665
Mar 200615,65356.707.08$110,869

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.

Aug 2020 — as filed, then multipliedworked
Gas                    9 Mcf  × $  2.39 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/217138 is the state's own key, not one this site invented.