MARTINDALE

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 220184District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Mar 2006 – May 2026
Value, last 12 filed months
$49 k
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
GasProduction660,417 Mcf$3,202,853
Total$3,202,853

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 20261,035106.413.05$3,152
Apr 20261,01098.932.87$2,898
Mar 202699189.753.15$3,121
Feb 202686363.503.75$3,237
Jan 202697059.138.00$7,758
Dec 202597356.664.41$4,294
Nov 20251,30158.593.93$5,108
Oct 20251,19959.383.30$3,963
Sep 20251,18462.743.08$3,643
Aug 20251,25263.933.01$3,774
Jul 20251,25866.743.32$4,171
Jun 20251,22966.483.13$3,845
May 20251,40760.553.23$4,548
Apr 20251,33462.363.54$4,727
Mar 20251,37667.704.27$5,873
Feb 20251,19470.884.34$5,183
Jan 20251,30974.324.28$5,601
Dec 20241,38268.993.12$4,314
Nov 20241,29369.052.20$2,843
Oct 20241,35771.372.28$3,096
Sep 20241,42169.612.36$3,360
Aug 20241,33075.632.06$2,745
Jul 20241,38079.932.15$2,962
Jun 20241,24578.082.63$3,279
May 20241,30378.812.20$2,865
Apr 20241,18884.451.66$1,971
Mar 20241,27180.301.55$1,964
Feb 20241,26176.091.78$2,249
Jan 20241,26773.023.30$4,178
Dec 20231,28971.262.61$3,365
Nov 20231,29577.892.81$3,636
Oct 20231,28485.443.09$3,964
Sep 20231,37789.042.74$3,766
Aug 20231,38780.522.67$3,707
Jul 20231,53274.852.64$4,047
Jun 20231,20168.962.26$2,712
May 20231,24570.622.23$2,773
Apr 20231,37678.122.24$3,079
Mar 20231,38772.852.39$3,319
Feb 202385575.112.47$2,108
Jan 20231,30676.533.39$4,424
Dec 202271876.415.73$4,113
Nov 20221,05485.005.65$5,951
Oct 20221,15787.185.86$6,784
Sep 20221,33584.888.16$10,899
Aug 20221,47294.529.13$13,435
Jul 20221,427101.587.54$10,763
Jun 20221,346115.097.98$10,737
May 20221,530109.378.43$12,903
Apr 20221,370104.226.84$9,368
Mar 20221,384108.885.08$7,026
Feb 20221,35191.054.86$6,564
Jan 20221,52781.844.54$6,929
Dec 20211,54371.323.90$6,016
Nov 20211,62477.435.24$8,505
Oct 20211,67379.795.71$9,559
Sep 20211,62569.865.35$8,695
Aug 20211,68566.024.22$7,112
Jul 20211,76170.783.98$7,012
Jun 20211,75069.493.38$5,916
May 20211,55563.483.02$4,692
Apr 20211,68060.362.76$4,634
Mar 20211,84961.302.72$5,024
Feb 20211,30057.805.55$7,212
Jan 20211,39250.412.81$3,912
Dec 20201,64644.642.68$4,404
Nov 20201,71138.772.71$4,631
Oct 20201,78636.972.48$4,426
Sep 20201,74837.091.99$3,480
Aug 20201,82639.982.39$4,355
Jul 20201,84738.371.83$3,371
Jun 20201,57934.901.69$2,669
May 20201,64016.921.81$2,976
Apr 20201,75814.751.80$3,172
Mar 20201,80430.341.86$3,349
Feb 20201,72649.881.98$3,419
Jan 20201,80557.252.09$3,781
Dec 20191,86659.012.30$4,300
Nov 20191,83655.302.75$5,050
Oct 20191,92453.472.42$4,653
Sep 20191,72355.052.66$4,578
Aug 20191,78153.112.30$4,104
Jul 20191,91056.272.46$4,699
Jun 20191,83652.782.49$4,574
May 20191,85758.482.74$5,089
Apr 20191,88062.632.75$5,171
Mar 20191,88156.803.06$5,760
Feb 20191,76850.852.79$4,937
Jan 20191,89346.033.23$6,111
Dec 20181,75146.594.19$7,329
Nov 20181,72152.934.24$7,292
Oct 20181,83261.443.40$6,225
Sep 20181,77359.543.11$5,510
Aug 20181,94259.403.07$5,955
Jul 20181,96365.142.93$5,755
Jun 20181,84560.183.08$5,677
May 20181,97165.382.90$5,717
Apr 20181,89263.842.90$5,488
Mar 20181,95661.222.79$5,451
Feb 20181,81461.782.77$5,018
Jan 20181,91562.874.01$7,678
Dec 20171,99257.272.92$5,820
Nov 20171,97355.423.12$6,153
Oct 20172,05649.292.98$6,134
Sep 20171,93147.523.09$5,962
Aug 20172,09645.373.00$6,297
Jul 20172,06343.873.09$6,369
Jun 20172,04142.493.09$6,301
May 20172,08945.373.26$6,817
Apr 20171,96547.933.21$6,311
Mar 20172,06146.772.98$6,149
Feb 20172,01050.452.95$5,935
Jan 20172,03949.413.42$6,971
Dec 20162,16148.763.72$8,045
Nov 20162,16642.492.64$5,728
Oct 20162,19646.193.09$6,786
Sep 20162,07141.553.10$6,421
Aug 20162,19241.442.92$6,410
Jul 20162,21341.622.92$6,472
Jun 20162,20345.352.69$5,917
May 20162,33642.521.99$4,651
Apr 20162,32836.561.99$4,635
Mar 20162,29833.011.79$4,123
Feb 20162,06026.472.06$4,251
Jan 20162,21927.352.36$5,247
Dec 20152,22632.362.00$4,455
Nov 20152,21238.792.17$4,794
Oct 20152,27143.552.43$5,511
Sep 20152,57342.992.76$7,097
Aug 20152,81740.162.87$8,092
Jul 20152,36248.152.95$6,956
Jun 20152,27756.152.88$6,564
May 20152,57455.212.96$7,607
Apr 20152,41249.822.71$6,528
Mar 20152,55842.892.93$7,507
Feb 20152,32444.662.98$6,917
Jan 20152,51643.433.10$7,801
Dec 20142,23554.693.59$8,027
Nov 20142,23570.464.25$9,503
Oct 20142,39678.303.90$9,347
Sep 20142,34386.164.05$9,478
Aug 20142,45389.394.04$9,898
Jul 20142,71196.564.18$11,331
Jun 20142,19198.164.74$10,379
May 20142,71894.734.73$12,847
Apr 20142,56695.944.81$12,340
Mar 20142,80395.895.06$14,174
Feb 20142,46897.406.19$15,282
Jan 20142,66690.404.86$12,959
Dec 20132,76691.824.35$12,044
Nov 20132,65388.853.74$9,918
Oct 20132,66097.423.78$10,053
Sep 20132,426104.113.72$9,019
Aug 20132,738104.253.52$9,645
Jul 20132,720102.523.72$10,112
Jun 20132,66494.403.93$10,479
May 20132,93294.834.15$12,165
Apr 20132,70093.964.28$11,563
Mar 20132,74393.623.91$10,733
Feb 20132,53791.233.42$8,676
Jan 20132,87991.603.42$9,846
Dec 20122,82586.773.42$9,662
Nov 20122,61086.953.62$9,461
Oct 20122,87189.383.40$9,760
Sep 20123,12094.672.92$9,105
Aug 20122,99192.662.91$8,698
Jul 20122,55785.133.02$7,724
Jun 20122,74179.822.52$6,905
May 20123,18091.612.49$7,913
Apr 20122,972101.652.00$5,934
Mar 20123,107105.052.22$6,904
Feb 20120101.102.57$0
Jan 20122,91298.092.73$7,962
Dec 20112,97296.873.24$9,629
Nov 20113,08895.723.31$10,225
Oct 20113,31684.983.65$12,099
Sep 20112,91983.623.99$11,635
Aug 20113,19483.404.15$13,253
Jul 20113,14294.144.52$14,193
Jun 20113,23292.904.64$14,996
May 20113,25598.134.40$14,338
Apr 20112,834105.964.33$12,281
Mar 2011096.364.06$0
Feb 20112,13785.644.18$8,933
Jan 20111,93286.504.59$8,866
Dec 20101,91585.734.35$8,326
Nov 20102,19080.843.80$8,312
Oct 20102,15378.103.51$7,555
Sep 20102,25472.633.98$8,970
Aug 20102,39473.684.42$10,580
Jul 20102,88672.554.74$13,670
Jun 20102,64470.364.91$12,983
May 20102,71271.124.24$11,486
Apr 20102,73781.694.12$11,284
Mar 20102,45678.394.39$10,779
Feb 20102,39773.585.44$13,045
Jan 20103,00074.365.96$17,892
Dec 20093,36671.445.48$18,458
Nov 20093,80474.593.75$14,271
Oct 20093,73772.544.11$15,360
Sep 20093,71565.543.06$11,386
Aug 20094,61967.423.22$14,866
Jul 20094,66461.133.46$16,158
Jun 20094,29066.163.90$16,710
May 20095,15554.743.93$20,237
Apr 20094,26246.773.59$15,290
Mar 20094,34942.144.06$17,653
Feb 20093,86532.814.63$17,907
Jan 20094,15735.865.37$22,327
Dec 20083,97837.105.98$23,777
Nov 20084,06855.496.86$27,908
Oct 20083,87375.246.92$26,809
Sep 20084,359101.767.88$34,336
Aug 20084,296114.228.48$36,443
Jul 20084,213131.0811.39$47,984
Jun 20084,186131.3313.03$54,555
May 20083,406123.1711.57$39,422
Apr 20084,577110.3110.45$47,852
Mar 20085,182101.909.66$50,079
Feb 20084,87092.538.77$42,713
Jan 20084,94490.388.21$40,569
Dec 20074,60388.337.30$33,611
Nov 20075,23491.677.29$38,165
Oct 20075,27682.856.92$36,520
Sep 20075,64475.846.24$35,242
Aug 20075,06069.066.39$32,323
Jul 20076,42470.906.39$41,036
Jun 20076,93162.007.55$52,318
May 20077,90858.747.85$62,048
Apr 20077,77059.617.81$60,646
Mar 20078,42756.927.30$61,534
Feb 20075,81155.108.22$47,743
Jan 20076,71650.306.73$45,178
Dec 20065,30756.656.92$36,716
Nov 20066,43654.207.62$49,026
Oct 20068,21254.906.01$49,385
Sep 20068,84660.085.04$44,559
Aug 200610,01168.717.34$73,480
Jul 200610,99069.376.34$69,707
Jun 200611,35766.286.38$72,502
May 200614,30366.016.42$91,897
Apr 200618,23264.397.36$134,196
Mar 20061,62456.707.08$11,503

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                1,035 Mcf  × $  3.05 =     $3,152

────────────────────────────────────────────────────
Month total                                   $3,152

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/220184 is the state's own key, not one this site invented.