DAVESTATES UNIT

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 217769District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 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
2
condensate, 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
CondensateDisposition12,813 bbl$877,399
GasProduction1,438,458 Mcf$7,482,539
Total$8,359,938

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200439.982.39$10
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201966050.852.79$3,356
Jan 2019078546.033.23$2,534
Dec 201814387346.594.19$10,316
Nov 201801,55052.934.24$6,568
Oct 201801,61461.443.40$5,485
Sep 201801,31159.543.11$4,075
Aug 201801,78259.403.07$5,465
Jul 201801,29265.142.93$3,788
Jun 20182062,04260.183.08$18,680
May 201802,68165.382.90$7,777
Apr 201802,31163.842.90$6,704
Mar 201802,69661.222.79$7,513
Feb 20181712,40961.782.77$17,228
Jan 201802,01362.874.01$8,071
Dec 201702,84157.272.92$8,300
Nov 201703,04255.423.12$9,486
Oct 201703,12149.292.98$9,312
Sep 20171792,76947.523.09$17,055
Aug 201703,63445.373.00$10,918
Jul 201703,19943.873.09$9,876
Jun 201702,13142.493.09$6,579
May 201703,70545.373.26$12,091
Apr 20171876,17847.933.21$28,804
Mar 201706,50546.772.98$19,409
Feb 201706,27250.452.95$18,519
Jan 201707,01649.413.42$23,986
Dec 201606,84948.763.72$25,498
Nov 20161846,89842.492.64$26,059
Oct 201607,59046.193.09$23,455
Sep 201607,25041.553.10$22,480
Aug 201606,49641.442.92$18,997
Jul 201605,34841.622.92$15,639
Jun 20161755,67145.352.69$23,168
May 201605,87442.521.99$11,695
Apr 201606,00636.561.99$11,958
Mar 201605,92133.011.79$10,622
Feb 20161815,67726.472.06$16,506
Jan 201607,86927.352.36$18,605
Dec 201506,67232.362.00$13,353
Nov 20151826,62038.792.17$21,408
Oct 201506,95343.552.43$16,872
Sep 201506,73542.992.76$18,578
Aug 201507,32140.162.87$21,030
Jul 201506,59448.152.95$19,420
Jun 20151906,44456.152.88$29,246
May 201507,58055.212.96$22,402
Apr 201505,14049.822.71$13,912
Mar 20151836,26842.892.93$26,244
Feb 201505,75644.662.98$17,131
Jan 201506,29143.433.10$19,506
Dec 201406,48654.693.59$23,294
Nov 20141826,35070.464.25$39,823
Oct 201406,45878.303.90$25,192
Sep 201406,36086.164.05$25,729
Aug 2014886,71489.394.04$34,958
Jul 201406,46496.564.18$27,017
Jun 201406,73498.164.74$31,898
May 201406,89094.734.73$32,566
Apr 20141806,86895.944.81$50,298
Mar 201406,65795.895.06$33,663
Feb 20141896,14097.406.19$56,427
Jan 201406,85390.404.86$33,311
Dec 201306,09391.824.35$26,532
Nov 201306,46288.853.74$24,157
Oct 20131107,27397.423.78$38,203
Sep 201307,233104.113.72$26,890
Aug 201306,750104.253.52$23,778
Jul 2013987,412102.523.72$37,603
Jun 201306,66394.403.93$26,208
May 2013966,88694.834.15$37,674
Apr 20131557,50693.964.28$46,709
Mar 201308,01293.623.91$31,350
Feb 2013736,98591.233.42$30,548
Jan 201307,14991.603.42$24,449
Dec 20121128,03886.773.42$37,209
Nov 201206,89786.953.62$25,001
Oct 20121887,88689.383.40$43,613
Sep 201208,15894.672.92$23,808
Aug 201207,63592.662.91$22,204
Jul 201207,64985.133.02$23,106
Jun 20121727,52879.822.52$32,692
May 201207,72491.612.49$19,220
Apr 2012023,714101.652.00$47,352
Mar 201208,017105.052.22$17,814
Feb 20121737,412101.102.57$36,541
Jan 2012667,84298.092.73$27,915
Dec 201108,55796.873.24$27,722
Nov 20111737,25295.723.31$40,573
Oct 201108,26984.983.65$30,170
Sep 201108,02083.623.99$31,966
Aug 201108,07883.404.15$33,518
Jul 2011596,92294.144.52$36,823
Jun 201103,90892.904.64$18,133
May 20111889,69798.134.40$61,162
Apr 201108,567105.964.33$37,123
Mar 201109,49496.364.06$38,520
Feb 201107,47685.644.18$31,250
Jan 201102,65586.504.59$12,183
Dec 201004,66785.734.35$20,291
Nov 20101868,16480.843.80$46,021
Oct 201008,11478.103.51$28,471
Sep 201008,73272.633.98$34,749
Aug 20101978,80373.684.42$53,419
Jul 201008,68572.554.74$41,136
Jun 201009,47870.364.91$46,541
May 201019110,17471.124.24$56,673
Apr 201009,03781.694.12$37,257
Mar 201009,74178.394.39$42,750
Feb 20101668,86073.585.44$60,434
Jan 20101849,60674.365.96$70,973
Dec 200909,06671.445.48$49,716
Nov 200909,38574.593.75$35,208
Oct 20091729,83272.544.11$52,889
Sep 200909,27365.543.06$28,419
Aug 200916510,48267.423.22$44,861
Jul 200918810,07461.133.46$46,394
Jun 2009010,32766.163.90$40,224
May 2009011,09754.743.93$43,564
Apr 200917910,35146.773.59$45,506
Mar 2009010,13842.144.06$41,150
Feb 200909,84732.814.63$45,621
Jan 200918111,56235.865.37$68,590
Dec 2008010,95737.105.98$65,492
Nov 200819511,74655.496.86$91,402
Oct 2008012,79875.246.92$88,588
Sep 200818912,549101.767.88$118,082
Aug 2008011,705114.228.48$99,294
Jul 200819113,861131.0811.39$182,905
Jun 2008013,729131.3313.03$178,925
May 2008012,185123.1711.57$141,033
Apr 200804,657110.3110.45$48,688
Mar 200801,274101.909.66$12,312
Feb 200801,85592.538.77$16,269
Jan 20081913,17290.388.21$43,291
Dec 200719314,42488.337.30$122,371
Nov 2007016,84491.677.29$122,821
Oct 200731913,95482.856.92$123,018
Sep 2007013,70075.846.24$85,545
Aug 200719214,46269.066.39$105,642
Jul 2007020,33570.906.39$129,899
Jun 2007012,52462.007.55$94,537
May 200736216,64458.747.85$151,857
Apr 200736022,65859.617.81$198,310
Mar 200719323,46756.927.30$182,341
Feb 200719022,05255.108.22$191,648
Jan 200718521,94350.306.73$156,913
Dec 200638322,74656.656.92$179,064
Nov 200636625,21154.207.62$211,881
Oct 200617329,21554.906.01$185,191
Sep 200637628,35160.085.04$165,400
Aug 200638034,12268.717.34$276,563
Jul 200653237,87869.376.34$277,156
Jun 200636629,59166.286.38$213,164
May 200674533,86566.016.42$266,760
Apr 200657452,89264.397.36$426,270
Mar 200605,20556.707.08$36,867

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
Condensate             0 bbl  × $ 39.98 =         $0
Gas                    4 Mcf  × $  2.39 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/217769 is the state's own key, not one this site invented.