SKILES 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 223540District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.0 M
May 2006 – May 2026
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
241
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
CondensateDisposition10,241 bbl$725,950
GasProduction1,085,694 Mcf$5,243,049
Total$5,968,998

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 202602,561106.413.05$7,800
Apr 202602,51198.932.87$7,206
Mar 202602,69589.753.15$8,488
Feb 202602,46463.503.75$9,241
Jan 202602,36059.138.00$18,875
Dec 202502,33656.664.41$10,310
Nov 202502,64558.593.93$10,385
Oct 202503,01459.383.30$9,961
Sep 202502,96362.743.08$9,117
Aug 202503,01163.933.01$9,077
Jul 202502,96066.743.32$9,813
Jun 202502,41766.483.13$7,562
May 202502,49560.553.23$8,065
Apr 202502,38362.363.54$8,443
Mar 202502,79467.704.27$11,926
Feb 2025622,38270.884.34$14,734
Jan 202502,77974.324.28$11,890
Dec 202402,89768.993.12$9,043
Nov 202402,87369.052.20$6,316
Oct 202403,04571.372.28$6,947
Sep 202402,64269.612.36$6,247
Aug 2024723,11175.632.06$11,865
Jul 202403,13179.932.15$6,721
Jun 202403,23878.082.63$8,529
May 202403,41078.812.20$7,497
Apr 202403,04984.451.66$5,059
Mar 202403,11880.301.55$4,818
Feb 202402,93076.091.78$5,226
Jan 202403,18173.023.30$10,490
Dec 2023663,08571.262.61$12,757
Nov 202303,08577.892.81$8,661
Oct 202303,25185.443.09$10,037
Sep 202303,13689.042.74$8,577
Aug 202303,18480.522.67$8,510
Jul 202303,24674.852.64$8,575
Jun 20231183,04768.962.26$15,019
May 202303,30770.622.23$7,366
Apr 202302,93778.122.24$6,572
Mar 202303,16772.852.39$7,579
Feb 202302,87675.112.47$7,091
Jan 202303,17376.533.39$10,749
Dec 202203,36576.415.73$19,278
Nov 202203,36185.005.65$18,977
Oct 202203,55587.185.86$20,846
Sep 202203,54184.888.16$28,908
Aug 202203,66394.529.13$33,433
Jul 202203,224101.587.54$24,316
Jun 202203,198115.097.98$25,511
May 2022843,353109.378.43$37,463
Apr 202203,336104.226.84$22,810
Mar 202203,744108.885.08$19,006
Feb 202203,28091.054.86$15,937
Jan 202203,62781.844.54$16,458
Dec 202103,36371.323.90$13,113
Nov 202103,26477.435.24$17,093
Oct 202103,34979.795.71$19,136
Sep 20211813,42369.865.35$30,961
Aug 202103,51366.024.22$14,827
Jul 202103,34870.783.98$13,332
Jun 202103,27469.493.38$11,068
May 202103,42463.483.02$10,333
Apr 202103,25660.362.76$8,981
Mar 202103,46261.302.72$9,406
Feb 202103,07657.805.55$17,065
Jan 202103,45950.412.81$9,721
Dec 202003,43744.642.68$9,196
Nov 202003,31638.772.71$8,975
Oct 202003,41536.972.48$8,464
Sep 202003,35137.091.99$6,672
Aug 202003,49639.982.39$8,338
Jul 202003,49338.371.83$6,375
Jun 202003,40634.901.69$5,757
May 202003,54416.921.81$6,431
Apr 202003,17214.751.80$5,723
Mar 20201313,23930.341.86$9,987
Feb 202003,15049.881.98$6,239
Jan 202003,37157.252.09$7,061
Dec 201903,34059.012.30$7,697
Nov 201903,24255.302.75$8,918
Oct 201903,29553.472.42$7,969
Sep 201903,14255.052.66$8,349
Aug 201903,23853.112.30$7,462
Jul 2019863,23056.272.46$12,785
Jun 201903,14052.782.49$7,822
May 201903,19358.482.74$8,750
Apr 201902,96862.632.75$8,164
Mar 201903,04756.803.06$9,330
Feb 201902,59150.852.79$7,235
Jan 201902,63746.033.23$8,513
Dec 20181872,82346.594.19$20,528
Nov 201803,70952.934.24$15,716
Oct 201802,87861.443.40$9,780
Sep 201802,80759.543.11$8,724
Aug 201802,87659.403.07$8,819
Jul 201802,84565.142.93$8,341
Jun 201802,73160.183.08$8,403
May 201802,74565.382.90$7,963
Apr 201802,66863.842.90$7,739
Mar 201802,66961.222.79$7,438
Feb 201802,41961.782.77$6,691
Jan 201802,83762.874.01$11,374
Dec 20171712,71357.272.92$17,719
Nov 201702,66455.423.12$8,307
Oct 201702,74649.292.98$8,193
Sep 201702,65347.523.09$8,191
Aug 201702,73645.373.00$8,220
Jul 201702,73743.873.09$8,450
Jun 201702,60542.493.09$8,042
May 201702,79145.373.26$9,108
Apr 201702,72347.933.21$8,745
Mar 201702,81946.772.98$8,411
Feb 201702,57650.452.95$7,606
Jan 201702,98049.413.42$10,188
Dec 20161172,95748.763.72$16,713
Nov 201602,51442.492.64$6,648
Oct 201602,81746.193.09$8,705
Sep 201602,76641.553.10$8,576
Aug 201602,81541.442.92$8,232
Jul 201602,86941.622.92$8,390
Jun 201602,84545.352.69$7,641
May 201602,76442.521.99$5,503
Apr 20161792,63336.561.99$11,787
Mar 201602,92233.011.79$5,242
Feb 201602,89526.472.06$5,974
Jan 201603,09227.352.36$7,311
Dec 201502,99132.362.00$5,986
Nov 201502,76638.792.17$5,995
Oct 201502,93943.552.43$7,132
Sep 201501,57842.992.76$4,353
Aug 201501,88940.162.87$5,426
Jul 201502,13948.152.95$6,300
Jun 20151891,84956.152.88$15,943
May 201501,65055.212.96$4,876
Apr 201502,02249.822.71$5,473
Mar 201502,27442.892.93$6,674
Feb 201501,58944.662.98$4,729
Jan 201501,49543.433.10$4,635
Dec 201402,15354.693.59$7,732
Nov 201402,12970.464.25$9,052
Oct 201401,75678.303.90$6,850
Sep 201401,71086.164.05$6,918
Aug 201401,39789.394.04$5,637
Jul 201401,54396.564.18$6,449
Jun 201401,38298.164.74$6,546
May 201401,21394.734.73$5,733
Apr 201401,31695.944.81$6,329
Mar 201401,00795.895.06$5,092
Feb 2014089697.406.19$5,548
Jan 201401,35390.404.86$6,577
Dec 201301,52091.824.35$6,619
Nov 201301,07988.853.74$4,034
Oct 201301,30997.423.78$4,947
Sep 201301,217104.113.72$4,524
Aug 201301,136104.253.52$4,002
Jul 201303,234102.523.72$12,023
Jun 201301,65194.403.93$6,494
May 201301,49394.834.15$6,195
Apr 201301,28593.964.28$5,503
Mar 20131631,55193.623.91$21,329
Feb 20130091.233.42$0
Jan 20130791.603.42$24
Dec 201202,78986.773.42$9,539
Nov 201205,11486.953.62$18,538
Oct 20121915,12589.383.40$34,495
Sep 201205,18494.672.92$15,129
Aug 201205,41692.662.91$15,751
Jul 201205,44785.133.02$16,454
Jun 201205,14279.822.52$12,953
May 201205,50091.612.49$13,686
Apr 201205,253101.652.00$10,489
Mar 20121815,475105.052.22$31,180
Feb 201205,164101.102.57$13,273
Jan 201205,73498.092.73$15,677
Dec 201105,65296.873.24$18,311
Nov 2011185,58095.723.31$20,200
Oct 201105,94484.983.65$21,687
Sep 20111795,71183.623.99$37,731
Aug 201105,95883.404.15$24,722
Jul 201107,29794.144.52$32,962
Jun 201104,57592.904.64$21,227
May 201106,13998.134.40$27,041
Apr 201105,931105.964.33$25,701
Mar 20111836,23796.364.06$42,940
Feb 201105,54385.644.18$23,170
Jan 201106,41886.504.59$29,451
Dec 20101786,26085.734.35$42,477
Nov 201006,15380.843.80$23,353
Oct 201006,43778.103.51$22,587
Sep 201006,33172.633.98$25,194
Aug 201006,88473.684.42$30,423
Jul 201006,93972.554.74$32,867
Jun 20101866,89870.364.91$46,959
May 201007,26471.124.24$30,765
Apr 201007,03381.694.12$28,995
Mar 20101987,43178.394.39$48,133
Feb 201006,52073.585.44$35,484
Jan 201006,95874.365.96$41,498
Dec 20091727,01671.445.48$50,762
Nov 200906,86574.593.75$25,754
Oct 20091907,37272.544.11$44,083
Sep 200906,41865.543.06$19,670
Aug 200907,46767.423.22$24,033
Jul 20091877,11661.133.46$36,085
Jun 200907,05366.163.90$27,471
May 20091797,35154.743.93$38,657
Apr 200907,05446.773.59$25,306
Mar 200907,48442.144.06$30,378
Feb 20091926,85532.814.63$38,059
Jan 200907,77735.865.37$41,770
Dec 20081807,50337.105.98$51,524
Nov 200807,69955.496.86$52,818
Oct 20081928,19375.246.92$71,158
Sep 20081847,673101.767.88$79,165
Aug 200807,954114.228.48$67,474
Jul 20081868,528131.0811.39$121,510
Jun 200807,109131.3313.03$92,649
May 20081938,084123.1711.57$117,338
Apr 20081827,940110.3110.45$103,088
Mar 200808,909101.909.66$86,097
Feb 200806,01092.538.77$52,711
Jan 20083969,77490.388.21$115,993
Dec 200719310,61588.337.30$94,558
Nov 200719010,83891.677.29$96,445
Oct 2007011,88182.856.92$82,240
Sep 20071957,65775.846.24$62,600
Aug 200707,44569.066.39$47,558
Jul 200718310,84370.906.39$82,239
Jun 200736710,21462.007.55$99,854
May 2007010,54858.747.85$82,763
Apr 20071978,10659.617.81$75,012
Mar 20071988,01756.927.30$69,810
Feb 200705,45355.108.22$44,802
Jan 200736513,42050.306.73$108,634
Dec 200618513,94356.656.92$106,944
Nov 200637614,75054.207.62$132,737
Oct 200619216,07554.906.01$107,213
Sep 200636316,72160.085.04$106,036
Aug 200637717,48268.717.34$154,220
Jul 200673122,01269.376.34$190,326
Jun 200619117,93666.286.38$127,161
May 200638520,14166.016.42$154,820

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,561 Mcf  × $  3.05 =     $7,800

────────────────────────────────────────────────────
Month total                                   $7,800

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/223540 is the state's own key, not one this site invented.