LITTLE PLACE

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 224494District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.0 M
Aug 2006 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
238
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
CondensateDisposition2 bbl$140
GasProduction1,260,336 Mcf$6,044,623
Total$6,044,763

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 202603,739106.413.05$11,388
Apr 202603,65298.932.87$10,480
Mar 202603,78089.753.15$11,905
Feb 202603,41163.503.75$12,792
Jan 202603,70759.138.00$29,648
Dec 202503,71156.664.41$16,378
Nov 202503,63158.593.93$14,257
Oct 202503,81859.383.30$12,618
Sep 202503,69462.743.08$11,366
Aug 202503,79863.933.01$11,450
Jul 202503,85766.743.32$12,787
Jun 202503,76066.483.13$11,764
May 202503,80860.553.23$12,309
Apr 202503,67062.363.54$13,003
Mar 202503,78367.704.27$16,147
Feb 202503,35270.884.34$14,551
Jan 202503,76174.324.28$16,092
Dec 202403,89068.993.12$12,142
Nov 202403,59469.052.20$7,901
Oct 202402,67871.372.28$6,110
Sep 202403,22369.612.36$7,620
Aug 202403,13775.632.06$6,474
Jul 202403,09479.932.15$6,642
Jun 202402,82478.082.63$7,438
May 202403,01478.812.20$6,626
Apr 202402,96384.451.66$4,916
Mar 202403,02780.301.55$4,677
Feb 202402,41376.091.78$4,304
Jan 202402,45973.023.30$8,109
Dec 202302,45371.262.61$6,404
Nov 202302,42977.892.81$6,820
Oct 202302,50185.443.09$7,721
Sep 202302,33189.042.74$6,375
Aug 202302,11980.522.67$5,664
Jul 202301,93674.852.64$5,115
Jun 202311,85468.962.26$4,256
May 202311,78670.622.23$4,049
Apr 202301,72078.122.24$3,849
Mar 202301,51372.852.39$3,621
Feb 202301,34875.112.47$3,324
Jan 202302,77576.533.39$9,401
Dec 202202,34376.415.73$13,423
Nov 202201,02085.005.65$5,759
Oct 202201,24387.185.86$7,289
Sep 202203,21884.888.16$26,271
Aug 202206,13794.529.13$56,013
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 20220681.844.54$27
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 202104657.805.55$255
Jan 202106250.412.81$174
Dec 202004644.642.68$123
Nov 202008938.772.71$241
Oct 2020025436.972.48$630
Sep 2020072637.091.99$1,446
Aug 202001,53039.982.39$3,649
Jul 202002,05438.371.83$3,749
Jun 202001,81234.901.69$3,063
May 202001,71516.921.81$3,112
Apr 202001,82914.751.80$3,300
Mar 202002,48730.341.86$4,616
Feb 202001,53949.881.98$3,048
Jan 202001,88457.252.09$3,946
Dec 201902,55259.012.30$5,881
Nov 201902,48655.302.75$6,838
Oct 201902,57053.472.42$6,216
Sep 201902,60655.052.66$6,925
Aug 201902,77053.112.30$6,383
Jul 201902,69356.272.46$6,625
Jun 201902,59852.782.49$6,472
May 201902,80458.482.74$7,684
Apr 201903,42362.632.75$9,416
Mar 201902,42656.803.06$7,429
Feb 201901,56850.852.79$4,378
Jan 2019039146.033.23$1,262
Dec 2018046646.594.19$1,950
Nov 201801,34152.934.24$5,682
Oct 201801,64561.443.40$5,590
Sep 201801,60459.543.11$4,985
Aug 201801,40559.403.07$4,309
Jul 201801,94265.142.93$5,694
Jun 201802,50060.183.08$7,692
May 201802,56865.382.90$7,449
Apr 201802,45763.842.90$7,127
Mar 201802,29161.222.79$6,385
Feb 201802,15461.782.77$5,958
Jan 201803,21962.874.01$12,906
Dec 201703,14857.272.92$9,197
Nov 201702,76855.423.12$8,632
Oct 201702,94149.292.98$8,775
Sep 201702,91047.523.09$8,984
Aug 201704,75645.373.00$14,289
Jul 201705,25543.873.09$16,224
Jun 201705,10542.493.09$15,761
May 201705,09445.373.26$16,624
Apr 201705,55347.933.21$17,834
Mar 201705,72446.772.98$17,079
Feb 201705,28050.452.95$15,590
Jan 201705,97949.413.42$20,441
Dec 201605,69948.763.72$21,216
Nov 201605,37742.492.64$14,219
Oct 201606,11346.193.09$18,891
Sep 201605,76841.553.10$17,884
Aug 201605,87641.442.92$17,183
Jul 201605,08641.622.92$14,873
Jun 201604,96645.352.69$13,338
May 201605,37542.521.99$10,702
Apr 201604,80336.561.99$9,563
Mar 201604,57833.011.79$8,213
Feb 201604,25126.472.06$8,772
Jan 201604,57227.352.36$10,810
Dec 201504,69232.362.00$9,391
Nov 201504,40438.792.17$9,545
Oct 201504,77043.552.43$11,575
Sep 201504,52542.992.76$12,482
Aug 201504,95540.162.87$14,233
Jul 201504,57348.152.95$13,468
Jun 201504,06656.152.88$11,722
May 201504,46855.212.96$13,205
Apr 201504,39749.822.71$11,901
Mar 201504,54942.892.93$13,350
Feb 201504,05244.662.98$12,060
Jan 201504,54043.433.10$14,077
Dec 201404,51854.693.59$16,226
Nov 201404,39670.464.25$18,691
Oct 201404,99878.303.90$19,497
Sep 201405,13186.164.05$20,757
Aug 201405,11789.394.04$20,648
Jul 201405,53196.564.18$23,117
Jun 201406,26798.164.74$29,686
May 201405,52094.734.73$26,091
Apr 201405,28395.944.81$25,407
Mar 201405,69495.895.06$28,793
Feb 201405,32897.406.19$32,991
Jan 201405,37190.404.86$26,107
Dec 201305,58291.824.35$24,307
Nov 201305,55488.853.74$20,762
Oct 201305,68097.423.78$21,467
Sep 201305,616104.113.72$20,879
Aug 201305,661104.253.52$19,942
Jul 201305,171102.523.72$19,224
Jun 201304,77394.403.93$18,774
May 201305,11594.834.15$21,223
Apr 201304,95993.964.28$21,237
Mar 201305,14393.623.91$20,124
Feb 201304,70191.233.42$16,077
Jan 201305,30091.603.42$18,126
Dec 201205,90286.773.42$20,186
Nov 201205,66186.953.62$20,521
Oct 201205,45989.383.40$18,559
Sep 201205,20894.672.92$15,199
Aug 201205,31892.662.91$15,466
Jul 201205,18085.133.02$15,648
Jun 201205,57179.822.52$14,034
May 201205,65991.612.49$14,081
Apr 201205,864101.652.00$11,709
Mar 201205,979105.052.22$13,286
Feb 201205,454101.102.57$14,018
Jan 201206,37598.092.73$17,430
Dec 201106,14696.873.24$19,911
Nov 201105,88695.723.31$19,490
Oct 201105,62084.983.65$20,505
Sep 201106,24683.623.99$24,895
Aug 201106,53983.404.15$27,132
Jul 201106,77994.144.52$30,622
Jun 201106,51592.904.64$30,229
May 201106,81198.134.40$30,001
Apr 201106,975105.964.33$30,225
Mar 201107,98796.364.06$32,406
Feb 201107,99485.644.18$33,415
Jan 201107,55286.504.59$34,654
Dec 201007,61785.734.35$33,117
Nov 201007,81380.843.80$29,653
Oct 201007,36178.103.51$25,829
Sep 201006,96972.633.98$27,733
Aug 201007,78273.684.42$34,391
Jul 201007,63072.554.74$36,139
Jun 201006,43870.364.91$31,613
May 201006,98271.124.24$29,570
Apr 201006,96881.694.12$28,727
Mar 201006,98278.394.39$30,642
Feb 201006,15773.585.44$33,509
Jan 201007,28474.365.96$43,442
Dec 200908,30671.445.48$45,548
Nov 200908,15574.593.75$30,593
Oct 200908,39472.544.11$34,501
Sep 200907,28165.543.06$22,314
Aug 200906,94367.423.22$22,346
Jul 200906,82761.133.46$23,652
Jun 200906,53166.163.90$25,438
May 200908,78154.743.93$34,472
Apr 2009010,26446.773.59$36,822
Mar 2009010,02042.144.06$40,671
Feb 200907,85632.814.63$36,397
Jan 200909,33035.865.37$50,111
Dec 200808,73737.105.98$52,222
Nov 2008010,84955.496.86$74,428
Oct 200809,56475.246.92$66,202
Sep 200809,978101.767.88$78,598
Aug 200803,328114.228.48$28,231
Jul 200802,248131.0811.39$25,603
Jun 200805,282131.3313.03$68,838
May 200802,541123.1711.57$29,410
Apr 2008013,336110.3110.45$139,426
Mar 200800101.909.66$0
Feb 2008016,49192.538.77$144,636
Jan 2008019,44690.388.21$159,569
Dec 2007019,11488.337.30$139,570
Nov 2007017,21991.677.29$125,556
Oct 2007016,05682.856.92$111,139
Sep 200708,13975.846.24$50,821
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007018,93359.617.81$147,776
Mar 2007021,64556.927.30$158,051
Feb 2007024,96755.108.22$205,129
Jan 2007027,98550.306.73$188,251
Dec 2006032,10256.656.92$222,096
Nov 2006035,18354.207.62$268,006
Oct 2006041,64954.906.01$250,469
Sep 2006052,12760.085.04$262,574
Aug 200606,15768.717.34$45,192

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                3,739 Mcf  × $  3.05 =    $11,388

────────────────────────────────────────────────────
Month total                                  $11,388

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/224494 is the state's own key, not one this site invented.