LAIN, TOMMY

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 224500District 09Field 65280200GasSaveExport
Value, all time
$5.5 M
Aug 2006 – May 2026
Value, last 12 filed months
$73 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
GasProduction1,133,650 Mcf$5,519,412
Total$5,519,412

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 20262,421106.413.05$7,374
Apr 20262,41098.932.87$6,916
Mar 20262,69189.753.15$8,475
Feb 20261,80263.503.75$6,758
Jan 20262,19359.138.00$17,539
Dec 20252,70556.664.41$11,938
Nov 20252,47958.593.93$9,734
Oct 202524359.383.30$803
Sep 2025662.743.08$18
Aug 202510063.933.01$301
Jul 202518666.743.32$617
Jun 202574266.483.13$2,322
May 20251,11860.553.23$3,614
Apr 20252,54762.363.54$9,024
Mar 20251,52667.704.27$6,513
Feb 20251,71070.884.34$7,423
Jan 20252,09174.324.28$8,947
Dec 20242,01968.993.12$6,302
Nov 20241,66769.052.20$3,665
Oct 20241,86671.372.28$4,257
Sep 20242,00669.612.36$4,743
Aug 20242,27075.632.06$4,684
Jul 20242,18579.932.15$4,690
Jun 20242,07378.082.63$5,460
May 20242,46378.812.20$5,415
Apr 20242,47184.451.66$4,100
Mar 20242,62380.301.55$4,053
Feb 20242,44676.091.78$4,363
Jan 20242,58873.023.30$8,534
Dec 20232,49371.262.61$6,509
Nov 20232,30577.892.81$6,471
Oct 20232,63085.443.09$8,120
Sep 20232,25889.042.74$6,176
Aug 20232,77380.522.67$7,412
Jul 20232,88974.852.64$7,632
Jun 20232,74868.962.26$6,206
May 20233,10970.622.23$6,925
Apr 20233,03478.122.24$6,789
Mar 20232,94672.852.39$7,050
Feb 20232,72175.112.47$6,709
Jan 20232,88976.533.39$9,787
Dec 20222,76876.415.73$15,858
Nov 20222,71085.005.65$15,301
Oct 20222,84287.185.86$16,665
Sep 20222,67484.888.16$21,830
Aug 20222,46894.529.13$22,526
Jul 20222,691101.587.54$20,296
Jun 20222,702115.097.98$21,554
May 20222,863109.378.43$24,144
Apr 20222,595104.226.84$17,744
Mar 20222,521108.885.08$12,798
Feb 20222,53591.054.86$12,317
Jan 20222,35781.844.54$10,695
Dec 20212,47171.323.90$9,635
Nov 20212,29677.435.24$12,024
Oct 20212,25679.795.71$12,890
Sep 20212,34569.865.35$12,548
Aug 20212,29266.024.22$9,674
Jul 20212,39270.783.98$9,525
Jun 20211,92469.493.38$6,504
May 20212,34863.483.02$7,085
Apr 20212,33360.362.76$6,435
Mar 20212,10161.302.72$5,708
Feb 20212,03057.805.55$11,262
Jan 20212,32750.412.81$6,540
Dec 20201,91644.642.68$5,126
Nov 20202,27738.772.71$6,163
Oct 20202,14436.972.48$5,314
Sep 20202,27737.091.99$4,534
Aug 20202,02039.982.39$4,818
Jul 20202,38938.371.83$4,360
Jun 20202,77934.901.69$4,697
May 20203,48016.921.81$6,315
Apr 20202,98014.751.80$5,377
Mar 20203,32330.341.86$6,168
Feb 20203,11649.881.98$6,172
Jan 20202,53257.252.09$5,304
Dec 20191,91559.012.30$4,413
Nov 20191,91855.302.75$5,276
Oct 20192,35953.472.42$5,705
Sep 20192,18555.052.66$5,806
Aug 20192,33053.112.30$5,369
Jul 20192,83456.272.46$6,972
Jun 20193,52052.782.49$8,769
May 20193,09858.482.74$8,490
Apr 20191,91662.632.75$5,270
Mar 20192,92456.803.06$8,954
Feb 20193,22550.852.79$9,005
Jan 20193,45246.033.23$11,144
Dec 20182,50146.594.19$10,468
Nov 20183,29552.934.24$13,962
Oct 20182,37761.443.40$8,077
Sep 20183,55559.543.11$11,049
Aug 20183,72659.403.07$11,426
Jul 20183,76865.142.93$11,047
Jun 20183,80660.183.08$11,711
May 20184,65865.382.90$13,512
Apr 20184,57663.842.90$13,274
Mar 20184,95961.222.79$13,820
Feb 20185,00661.782.77$13,847
Jan 20183,48962.874.01$13,989
Dec 20175,05957.272.92$14,780
Nov 20175,01855.423.12$15,648
Oct 20175,19149.292.98$15,488
Sep 20175,23747.523.09$16,168
Aug 20174,74545.373.00$14,256
Jul 20175,41443.873.09$16,715
Jun 20175,18942.493.09$16,020
May 20175,82245.373.26$19,000
Apr 20175,67047.933.21$18,210
Mar 20176,06646.772.98$18,099
Feb 20175,44850.452.95$16,086
Jan 20176,30449.413.42$21,552
Dec 20166,61248.763.72$24,615
Nov 20165,74842.492.64$15,200
Oct 20163,92246.193.09$12,120
Sep 20166,02741.553.10$18,688
Aug 20166,24941.442.92$18,274
Jul 20166,50341.622.92$19,017
Jun 20166,57545.352.69$17,659
May 20166,57742.521.99$13,095
Apr 20166,35736.561.99$12,657
Mar 20166,96133.011.79$12,488
Feb 20166,36926.472.06$13,143
Jan 20166,94027.352.36$16,409
Dec 20156,69532.362.00$13,399
Nov 20157,49338.792.17$16,240
Oct 20158,90443.552.43$21,606
Sep 20157,36042.992.76$20,302
Aug 20157,05340.162.87$20,260
Jul 20157,75548.152.95$22,839
Jun 201598656.152.88$2,843
May 201510455.212.96$307
Apr 20152,73649.822.71$7,405
Mar 201539142.892.93$1,147
Feb 20152,38644.662.98$7,101
Jan 20158543.433.10$264
Dec 20143,76654.693.59$13,525
Nov 2014070.464.25$0
Oct 201433278.303.90$1,295
Sep 20144,12386.164.05$16,679
Aug 201429289.394.04$1,178
Jul 20141,25496.564.18$5,241
Jun 20141,50998.164.74$7,148
May 2014394.734.73$14
Apr 20142,20395.944.81$10,594
Mar 20147295.895.06$364
Feb 20141,83097.406.19$11,331
Jan 201440990.404.86$1,988
Dec 201330991.824.35$1,346
Nov 20131,43588.853.74$5,364
Oct 20131,63797.423.78$6,187
Sep 2013905104.113.72$3,365
Aug 20133,440104.253.52$12,118
Jul 2013886102.523.72$3,294
Jun 201347194.403.93$1,853
May 20131,73694.834.15$7,203
Apr 20131,47293.964.28$6,304
Mar 20133,27293.623.91$12,803
Feb 20131,42791.233.42$4,880
Jan 20131,76991.603.42$6,050
Dec 20122,30286.773.42$7,873
Nov 20121,93686.953.62$7,018
Oct 20121,65889.383.40$5,637
Sep 20124,11194.672.92$11,998
Aug 20124,45292.662.91$12,947
Jul 20124,54885.133.02$13,739
Jun 20124,57379.822.52$11,520
May 20124,70791.612.49$11,713
Apr 20124,639101.652.00$9,263
Mar 20124,763105.052.22$10,584
Feb 20124,703101.102.57$12,088
Jan 20125,19698.092.73$14,206
Dec 20115,25296.873.24$17,015
Nov 20115,31095.723.31$17,583
Oct 20114,25184.983.65$15,510
Sep 20114,16883.623.99$16,613
Aug 20114,20583.404.15$17,448
Jul 20114,57894.144.52$20,680
Jun 20114,38792.904.64$20,355
May 20114,87798.134.40$21,482
Apr 20114,739105.964.33$20,535
Mar 20115,03096.364.06$20,408
Feb 20114,49585.644.18$18,789
Jan 20115,11586.504.59$23,472
Dec 20104,91685.734.35$21,374
Nov 20104,80480.843.80$18,233
Oct 20104,35778.103.51$15,288
Sep 20105,64972.633.98$22,480
Aug 20105,70573.684.42$25,212
Jul 20105,75672.554.74$27,263
Jun 20105,23570.364.91$25,706
May 20105,29071.124.24$22,404
Apr 20105,04281.694.12$20,787
Mar 20105,45478.394.39$23,936
Feb 20105,50773.585.44$29,971
Jan 20106,26174.365.96$37,341
Dec 20096,26571.445.48$34,356
Nov 20093,35774.593.75$12,594
Oct 20094,05272.544.11$16,655
Sep 20094,22365.543.06$12,942
Aug 20096,13067.423.22$19,729
Jul 20096,74561.133.46$23,368
Jun 20096,86666.163.90$26,743
May 20097,68954.743.93$30,185
Apr 20097,58446.773.59$27,208
Mar 20098,08042.144.06$32,797
Feb 20097,81532.814.63$36,207
Jan 200910,64635.865.37$57,180
Dec 20088,08437.105.98$48,319
Nov 20085,88755.496.86$40,387
Oct 20088,58275.246.92$59,404
Sep 20087,429101.767.88$58,519
Aug 20087,420114.228.48$62,944
Jul 20087,908131.0811.39$90,068
Jun 20087,630131.3313.03$99,439
May 20088,238123.1711.57$95,349
Apr 20088,990110.3110.45$93,989
Mar 20089,509101.909.66$91,896
Feb 20089,05992.538.77$79,453
Jan 20089,57290.388.21$78,545
Dec 200710,67288.337.30$77,927
Nov 200711,35591.677.29$82,797
Oct 200711,72982.856.92$81,188
Sep 20077,57075.846.24$47,268
Aug 20079,89069.066.39$63,177
Jul 200712,74770.906.39$81,427
Jun 200712,45562.007.55$94,016
May 200714,58958.747.85$114,469
Apr 200715,38259.617.81$120,060
Mar 200717,05756.927.30$124,550
Feb 200716,70955.108.22$137,281
Jan 200720,13650.306.73$135,452
Dec 200622,67056.656.92$156,841
Nov 200625,47254.207.62$194,032
Oct 200631,54754.906.01$189,717
Sep 200640,83860.085.04$205,709
Aug 200626,69068.717.34$195,902

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                2,421 Mcf  × $  3.05 =     $7,374

────────────────────────────────────────────────────
Month total                                   $7,374

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/224500 is the state's own key, not one this site invented.