FINIS SHIPMAN

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 218153District 09Field 65280200GasSaveExport
Value, all time
$17.7 M
May 2006 – May 2026
Value, last 12 filed months
$267 k
at the published price for each month
Months reported
241
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
GasProduction3,653,240 Mcf$17,667,749
Total$17,667,749

Every month this lease reported (241)

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

241 months

May 20265,928106.413.05$18,056
Apr 20265,76498.932.87$16,541
Mar 20266,01289.753.15$18,934
Feb 20265,59863.503.75$20,994
Jan 20266,21759.138.00$49,723
Dec 20255,46756.664.41$24,128
Nov 20255,95058.593.93$23,362
Oct 20256,17359.383.30$20,401
Sep 20255,96062.743.08$18,338
Aug 20256,00563.933.01$18,104
Jul 20256,12766.743.32$20,312
Jun 20255,93166.483.13$18,556
May 20256,15060.553.23$19,879
Apr 20256,20662.363.54$21,989
Mar 20256,72267.704.27$28,692
Feb 20255,89070.884.34$25,568
Jan 20256,51974.324.28$27,893
Dec 20246,59168.993.12$20,573
Nov 20246,27269.052.20$13,789
Oct 20246,78571.372.28$15,479
Sep 20246,61869.612.36$15,647
Aug 20246,84575.632.06$14,126
Jul 20246,91779.932.15$14,848
Jun 20246,60978.082.63$17,408
May 20247,03578.812.20$15,466
Apr 20246,82684.451.66$11,326
Mar 20247,36380.301.55$11,377
Feb 20247,11276.091.78$12,685
Jan 20247,99573.023.30$26,365
Dec 20239,01571.262.61$23,536
Nov 20235,17977.892.81$14,540
Oct 20236,56485.443.09$20,265
Sep 20236,30089.042.74$17,231
Aug 20237,25180.522.67$19,381
Jul 20237,42574.852.64$19,615
Jun 20237,16768.962.26$16,187
May 20237,30270.622.23$16,264
Apr 20237,45478.122.24$16,680
Mar 20237,69572.852.39$18,415
Feb 20237,18875.112.47$17,723
Jan 20237,46776.533.39$25,296
Dec 20227,70576.415.73$44,143
Nov 20227,66885.005.65$43,295
Oct 20227,91887.185.86$46,429
Sep 20227,83084.888.16$63,922
Aug 20228,11294.529.13$74,040
Jul 20228,190101.587.54$61,770
Jun 20228,072115.097.98$64,392
May 20228,368109.378.43$70,568
Apr 20227,858104.226.84$53,730
Mar 20228,329108.885.08$42,281
Feb 20227,52891.054.86$36,577
Jan 20228,63881.844.54$39,196
Dec 20218,66571.323.90$33,786
Nov 20218,63877.435.24$45,236
Oct 20218,82179.795.71$50,402
Sep 20218,68269.865.35$46,457
Aug 20219,01666.024.22$38,053
Jul 20219,03970.783.98$35,994
Jun 20219,06669.493.38$30,649
May 20219,42763.483.02$28,448
Apr 20219,25060.362.76$25,515
Mar 20219,50761.302.72$25,830
Feb 20218,41557.805.55$46,686
Jan 20219,57850.412.81$26,917
Dec 20209,77844.642.68$26,161
Nov 20209,47938.772.71$25,656
Oct 20209,80036.972.48$24,289
Sep 20209,73537.091.99$19,383
Aug 202010,35039.982.39$24,686
Jul 202010,40738.371.83$18,994
Jun 20209,75934.901.69$16,496
May 202010,29316.921.81$18,679
Apr 202010,51314.751.80$18,969
Mar 202010,47530.341.86$19,444
Feb 202010,24749.881.98$20,296
Jan 202010,75457.252.09$22,527
Dec 201911,12159.012.30$25,627
Nov 201910,81255.302.75$29,741
Oct 201911,33553.472.42$27,414
Sep 201911,21755.052.66$29,807
Aug 201911,67453.112.30$26,901
Jul 201911,74656.272.46$28,896
Jun 201911,63452.782.49$28,983
May 201912,10558.482.74$33,172
Apr 201912,03762.632.75$33,110
Mar 201912,56756.803.06$38,481
Feb 201911,53450.852.79$32,205
Jan 201912,95346.033.23$41,815
Dec 201813,01546.594.19$54,474
Nov 201812,97852.934.24$54,991
Oct 201813,31961.443.40$45,259
Sep 201813,04859.543.11$40,553
Aug 201813,86659.403.07$42,521
Jul 201814,05565.142.93$41,208
Jun 201813,94460.183.08$42,905
May 201814,82365.382.90$42,999
Apr 201814,67363.842.90$42,563
Mar 201814,70861.222.79$40,989
Feb 201812,44461.782.77$34,422
Jan 201813,92562.874.01$55,830
Dec 201715,97257.272.92$46,663
Nov 201715,00655.423.12$46,794
Oct 201716,42949.292.98$49,019
Sep 201716,17347.523.09$49,931
Aug 201716,67845.373.00$50,107
Jul 201716,01943.873.09$49,455
Jun 201715,64642.493.09$48,304
May 201716,72445.373.26$54,577
Apr 201716,19847.933.21$52,022
Mar 201717,28646.772.98$51,576
Feb 201716,02850.452.95$47,324
Jan 201718,22349.413.42$62,301
Dec 201619,13148.763.72$71,221
Nov 201619,50042.492.64$51,565
Oct 201621,03146.193.09$64,991
Sep 201621,39441.553.10$66,335
Aug 201623,13641.442.92$67,658
Jul 201624,16441.622.92$70,664
Jun 201624,90645.352.69$66,893
May 201628,37342.521.99$56,492
Apr 201629,99836.561.99$59,727
Mar 201635,23733.011.79$63,216
Feb 201640,01326.472.06$82,572
Jan 201626,61227.352.36$62,920
Dec 20151,04632.362.00$2,093
Nov 20157,62538.792.17$16,526
Oct 20158,07743.552.43$19,599
Sep 20157,77842.992.76$21,455
Aug 20158,22940.162.87$23,638
Jul 20158,21348.152.95$24,188
Jun 20157,76956.152.88$22,397
May 20158,22055.212.96$24,294
Apr 20157,94549.822.71$21,504
Mar 20158,29042.892.93$24,329
Feb 20157,72844.662.98$23,000
Jan 20158,64443.433.10$26,802
Dec 20148,58254.693.59$30,821
Nov 20148,72070.464.25$37,076
Oct 20148,88278.303.90$34,648
Sep 20148,55986.164.05$34,625
Aug 20148,84789.394.04$35,699
Jul 20149,14296.564.18$38,210
Jun 20148,69998.164.74$41,206
May 20148,96794.734.73$42,383
Apr 20148,63595.944.81$41,527
Mar 20148,85095.895.06$44,753
Feb 20148,17197.406.19$50,595
Jan 20149,69590.404.86$47,125
Dec 20139,35091.824.35$40,714
Nov 20138,54388.853.74$31,936
Oct 20139,25797.423.78$34,986
Sep 20139,203104.113.72$34,214
Aug 20139,660104.253.52$34,028
Jul 20139,846102.523.72$36,605
Jun 20139,72894.403.93$38,264
May 201310,11694.834.15$41,972
Apr 20139,86293.964.28$42,235
Mar 20139,72493.623.91$38,049
Feb 20139,24991.233.42$31,631
Jan 201310,16391.603.42$34,757
Dec 201210,28086.773.42$35,159
Nov 20129,85186.953.62$35,709
Oct 20129,65589.383.40$32,824
Sep 20129,61194.672.92$28,049
Aug 20129,77892.662.91$28,436
Jul 20129,71485.133.02$29,344
Jun 201210,01379.822.52$25,223
May 201210,41591.612.49$25,916
Apr 20129,964101.652.00$19,896
Mar 201210,245105.052.22$22,765
Feb 20129,869101.102.57$25,366
Jan 201210,87998.092.73$29,744
Dec 201111,35396.873.24$36,781
Nov 201110,86195.723.31$35,964
Oct 201111,04784.983.65$40,305
Sep 201110,43483.623.99$41,588
Aug 201110,85383.404.15$45,033
Jul 201111,06594.144.52$49,983
Jun 201110,84592.904.64$50,320
May 201111,68298.134.40$51,457
Apr 201111,667105.964.33$50,556
Mar 201111,66696.364.06$47,333
Feb 201110,93385.644.18$45,700
Jan 201111,50486.504.59$52,789
Dec 201012,98785.734.35$56,464
Nov 201012,73780.843.80$48,341
Oct 201013,19978.103.51$46,314
Sep 201013,09472.633.98$52,107
Aug 201013,80673.684.42$61,014
Jul 201013,44072.554.74$63,658
Jun 201012,84670.364.91$63,079
May 201013,63371.124.24$57,739
Apr 201013,53581.694.12$55,801
Mar 201014,47878.394.39$63,539
Feb 201012,98373.585.44$70,658
Jan 201014,38274.365.96$85,776
Dec 200913,87571.445.48$76,087
Nov 200911,55574.593.75$43,349
Oct 200912,52872.544.11$51,493
Sep 200913,20865.543.06$40,479
Aug 200914,37667.423.22$46,269
Jul 200915,60961.133.46$54,077
Jun 200915,40966.163.90$60,018
May 200916,19154.743.93$63,562
Apr 200915,99546.773.59$57,382
Mar 200917,04342.144.06$69,178
Feb 200915,98532.814.63$74,059
Jan 200918,43435.865.37$99,009
Dec 200818,26637.105.98$109,178
Nov 200817,73155.496.86$121,641
Oct 200818,69875.246.92$129,427
Sep 200818,322101.767.88$144,324
Aug 200819,651114.228.48$166,700
Jul 200821,025131.0811.39$239,463
Jun 200820,758131.3313.03$270,531
May 200823,297123.1711.57$269,646
Apr 200823,604110.3110.45$246,777
Mar 200826,612101.909.66$257,180
Feb 200824,34892.538.77$213,546
Jan 200826,78690.388.21$219,799
Dec 200729,48288.337.30$215,277
Nov 200728,72591.677.29$209,454
Oct 200731,19482.856.92$215,924
Sep 200732,56675.846.24$203,347
Aug 200734,61369.066.39$221,106
Jul 200733,55270.906.39$214,328
Jun 200734,29562.007.55$258,874
May 200735,51958.747.85$278,692
Apr 200742,21559.617.81$329,497
Mar 200752,25556.927.30$381,564
Feb 200762,29655.108.22$511,824
Jan 200777,82550.306.73$523,517
Dec 200645,00056.656.92$311,330
Nov 200649,89854.207.62$380,097
Oct 200657,88654.906.01$348,115
Sep 200662,90960.085.04$316,885
Aug 200672,33868.717.34$530,955
Jul 200683,71269.376.34$530,965
Jun 200699,66866.286.38$636,269
May 2006109,75466.016.42$705,169

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                5,928 Mcf  × $  3.05 =    $18,056

────────────────────────────────────────────────────
Month total                                  $18,056

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/218153 is the state's own key, not one this site invented.