BLACKWELL, GARY

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 223518District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
238
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
GasProduction1,181,615 Mcf$6,145,721
Total$6,145,721

Every month this lease reported (238)

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

238 months

May 20262,977106.413.05$9,067
Apr 20262,91298.932.87$8,357
Mar 20263,10689.753.15$9,782
Feb 20262,87963.503.75$10,797
Jan 20262,80559.138.00$22,434
Dec 20253,38956.664.41$14,957
Nov 20253,05758.593.93$12,003
Oct 20251,86459.383.30$6,160
Sep 202588262.743.08$2,714
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 202392368.962.26$2,085
May 20234,14770.622.23$9,237
Apr 20234,13878.122.24$9,260
Mar 20233,84472.852.39$9,199
Feb 20232,83775.112.47$6,995
Jan 20234,21376.533.39$14,272
Dec 20224,01576.415.73$23,002
Nov 20223,99585.005.65$22,557
Oct 20224,83487.185.86$28,345
Sep 20224,56084.888.16$37,226
Aug 20224,47394.529.13$40,826
Jul 20224,600101.587.54$34,694
Jun 20224,628115.097.98$36,918
May 20224,846109.378.43$40,867
Apr 20224,960104.226.84$33,915
Mar 20224,990108.885.08$25,331
Feb 20223,73091.054.86$18,123
Jan 20224,77881.844.54$21,681
Dec 20214,44971.323.90$17,347
Nov 20213,61377.435.24$18,921
Oct 20212,69179.795.71$15,376
Sep 202166469.865.35$3,553
Aug 20211766.024.22$72
Jul 20215370.783.98$211
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 2020039.982.39$0
Jul 2020038.371.83$0
Jun 20201834.901.69$30
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20202,40830.341.86$4,470
Feb 20204,54049.881.98$8,992
Jan 20204,66157.252.09$9,764
Dec 20193,62059.012.30$8,342
Nov 20193,89255.302.75$10,706
Oct 20194,80553.472.42$11,621
Sep 20194,41055.052.66$11,719
Aug 20194,50453.112.30$10,379
Jul 20194,55356.272.46$11,201
Jun 20195,46252.782.49$13,607
May 20194,83258.482.74$13,241
Apr 20195,21962.632.75$14,356
Mar 20195,50256.803.06$16,848
Feb 20195,36950.852.79$14,991
Jan 20196,28346.033.23$20,283
Dec 20185,76846.594.19$24,142
Nov 20182,47052.934.24$10,466
Oct 2018061.443.40$0
Sep 20181,13959.543.11$3,540
Aug 20181,72359.403.07$5,284
Jul 20182,46865.142.93$7,236
Jun 20182,45560.183.08$7,554
May 20183,29765.382.90$9,564
Apr 20183,26863.842.90$9,480
Mar 20183,50661.222.79$9,771
Feb 20183,17961.782.77$8,794
Jan 20183,33462.874.01$13,367
Dec 20173,04157.272.92$8,884
Nov 20173,19055.423.12$9,948
Oct 20173,38349.292.98$10,094
Sep 20173,53647.523.09$10,917
Aug 20173,41245.373.00$10,251
Jul 20173,24743.873.09$10,024
Jun 20173,39342.493.09$10,475
May 20173,60045.373.26$11,748
Apr 20173,42047.933.21$10,984
Mar 20173,88746.772.98$11,598
Feb 20173,80650.452.95$11,238
Jan 20173,28549.413.42$11,231
Dec 20163,45548.763.72$12,862
Nov 20163,45142.492.64$9,126
Oct 20163,08746.193.09$9,540
Sep 20163,50241.553.10$10,858
Aug 20163,45441.442.92$10,101
Jul 20163,54341.622.92$10,361
Jun 20163,16845.352.69$8,509
May 20163,26642.521.99$6,503
Apr 20163,95136.561.99$7,867
Mar 20164,27633.011.79$7,671
Feb 20163,33926.472.06$6,890
Jan 20163,68227.352.36$8,706
Dec 20153,91532.362.00$7,836
Nov 20153,87338.792.17$8,394
Oct 20154,03143.552.43$9,782
Sep 20153,37142.992.76$9,299
Aug 20153,87640.162.87$11,134
Jul 20153,89648.152.95$11,474
Jun 20153,78756.152.88$10,917
May 20153,97455.212.96$11,745
Apr 20153,75749.822.71$10,169
Mar 20153,78542.892.93$11,108
Feb 20152,98744.662.98$8,890
Jan 20153,80943.433.10$11,810
Dec 20144,06154.693.59$14,585
Nov 20143,96470.464.25$16,854
Oct 20144,43778.303.90$17,309
Sep 20144,37286.164.05$17,687
Aug 20144,68789.394.04$18,913
Jul 20144,59396.564.18$19,197
Jun 20144,83398.164.74$22,893
May 20145,59294.734.73$26,431
Apr 20144,78995.944.81$23,031
Mar 20144,72695.895.06$23,898
Feb 20143,81997.406.19$23,647
Jan 20144,96990.404.86$24,153
Dec 20134,29691.824.35$18,707
Nov 20135,26488.853.74$19,678
Oct 20135,50597.423.78$20,805
Sep 20134,954104.113.72$18,418
Aug 20134,756104.253.52$16,754
Jul 20134,784102.523.72$17,786
Jun 20134,10294.403.93$16,135
May 20134,63694.834.15$19,235
Apr 20135,51893.964.28$23,631
Mar 20133,30993.623.91$12,948
Feb 20134,16191.233.42$14,230
Jan 20134,36691.603.42$14,931
Dec 20124,91486.773.42$16,807
Nov 20125,21086.953.62$18,886
Oct 20124,79289.383.40$16,291
Sep 20123,68994.672.92$10,766
Aug 20124,28192.662.91$12,450
Jul 20124,64885.133.02$14,041
Jun 20125,12279.822.52$12,903
May 20125,54891.612.49$13,805
Apr 20125,455101.652.00$10,893
Mar 20126,674105.052.22$14,830
Feb 20127,344101.102.57$18,876
Jan 20126,94198.092.73$18,977
Dec 20117,32696.873.24$23,734
Nov 20118,12695.723.31$26,907
Oct 20118,35384.983.65$30,476
Sep 20118,93383.623.99$35,605
Aug 20118,07583.404.15$33,506
Jul 20114,12694.144.52$18,638
Jun 20117,41192.904.64$34,386
May 20118,19898.134.40$36,111
Apr 20117,002105.964.33$30,342
Mar 20117,07996.364.06$28,722
Feb 20115,81685.644.18$24,311
Jan 20119,08386.504.59$41,680
Dec 20109,12585.734.35$39,673
Nov 201011,10880.843.80$42,159
Oct 201010,12078.103.51$35,510
Sep 20107,62972.633.98$30,359
Aug 201010,03073.684.42$44,326
Jul 20107,99772.554.74$37,878
Jun 20102,79770.364.91$13,734
May 20102,75671.124.24$11,672
Apr 20101,12581.694.12$4,638
Mar 20103,15978.394.39$13,864
Feb 20104,52173.585.44$24,605
Jan 20104,61074.365.96$27,494
Dec 20093,73671.445.48$20,487
Nov 20091,86074.593.75$6,978
Oct 200927172.544.11$1,114
Sep 20093,25365.543.06$9,970
Aug 20092,11767.423.22$6,814
Jul 20093,95461.133.46$13,699
Jun 20093,99566.163.90$15,561
May 20094,48154.743.93$17,591
Apr 20095,13046.773.59$18,404
Mar 20095,53142.144.06$22,450
Feb 20096,63232.814.63$30,726
Jan 20097,21435.865.37$38,746
Dec 20084,80637.105.98$28,726
Nov 20081,16455.496.86$7,985
Oct 20086,98275.246.92$48,329
Sep 20089,682101.767.88$76,266
Aug 20089,262114.228.48$78,570
Jul 200810,211131.0811.39$116,297
Jun 20089,632131.3313.03$125,530
May 200811,005123.1711.57$127,375
Apr 200811,383110.3110.45$119,008
Mar 200812,231101.909.66$118,201
Feb 200811,09992.538.77$97,345
Jan 200812,47390.388.21$102,350
Dec 200714,10588.337.30$102,994
Nov 200715,65491.677.29$114,144
Oct 200713,27382.856.92$91,875
Sep 200711,06575.846.24$69,092
Aug 200713,71669.066.39$87,617
Jul 200715,81670.906.39$101,032
Jun 200715,39862.007.55$116,231
May 200715,89158.747.85$124,685
Apr 200716,60759.617.81$129,621
Mar 200720,84356.927.30$152,195
Feb 200717,47855.108.22$143,599
Jan 200721,87450.306.73$147,143
Dec 200624,33856.656.92$168,381
Nov 200627,71754.207.62$211,134
Oct 200632,84154.906.01$197,499
Sep 200640,51260.085.04$204,067
Aug 200625,77868.717.34$189,208

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                2,977 Mcf  × $  3.05 =     $9,067

────────────────────────────────────────────────────
Month total                                   $9,067

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/223518 is the state's own key, not one this site invented.