WEST, BOB

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 224505District 09Field 65280200CondensateGasSaveExport
Value, all time
$919 k
Aug 2006 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition1 bbl$47
GasProduction172,916 Mcf$918,937
Total$918,984

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20220081.844.54$0
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 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901862.632.75$50
Mar 2019089156.803.06$2,728
Feb 20190050.852.79$0
Jan 2019087546.033.23$2,825
Dec 201801,03446.594.19$4,328
Nov 2018053052.934.24$2,246
Oct 2018054661.443.40$1,855
Sep 201801,06159.543.11$3,298
Aug 201801,00459.403.07$3,079
Jul 201801,17065.142.93$3,430
Jun 201801,25560.183.08$3,862
May 201802,22965.382.90$6,466
Apr 201802,13863.842.90$6,202
Mar 201802,20361.222.79$6,139
Feb 201802,07561.782.77$5,740
Jan 201802,33562.874.01$9,362
Dec 201702,09157.272.92$6,109
Nov 201702,51355.423.12$7,836
Oct 201702,61449.292.98$7,799
Sep 201703,70447.523.09$11,435
Aug 201702,60645.373.00$7,829
Jul 201703,06743.873.09$9,469
Jun 201704,78442.493.09$14,770
May 201705,04445.373.26$16,461
Apr 201702,62047.933.21$8,414
Mar 201703,31246.772.98$9,882
Feb 2017078450.452.95$2,315
Jan 201702,67349.413.42$9,138
Dec 201603,63448.763.72$13,529
Nov 201601,69542.492.64$4,482
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201102383.404.15$95
Jul 20110394.144.52$14
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100385.734.35$13
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201007171.124.24$301
Apr 2010033581.694.12$1,381
Mar 2010063278.394.39$2,774
Feb 201001,30173.585.44$7,081
Jan 201001,56774.365.96$9,346
Dec 200901,69071.445.48$9,268
Nov 2009054674.593.75$2,048
Oct 200901,23572.544.11$5,076
Sep 200901,93965.543.06$5,943
Aug 200901,81167.423.22$5,829
Jul 200902,07261.133.46$7,178
Jun 2009085666.163.90$3,334
May 200901,08754.743.93$4,267
Apr 200912,15946.773.59$7,792
Mar 200902,47642.144.06$10,050
Feb 200904,07632.814.63$18,884
Jan 200901,26735.865.37$6,805
Dec 200803,62937.105.98$21,691
Nov 200803,52955.496.86$24,210
Oct 200801,08875.246.92$7,531
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080776131.3313.03$10,113
May 200801,703123.1711.57$19,711
Apr 200801,942110.3110.45$20,303
Mar 20080908101.909.66$8,775
Feb 200802,84692.538.77$24,961
Jan 200802,32490.388.21$19,070
Dec 200703,41088.337.30$24,900
Nov 200703,57291.677.29$26,046
Oct 200703,25282.856.92$22,510
Sep 200701,32375.846.24$8,261
Aug 200704,26469.066.39$27,238
Jul 200703,18670.906.39$20,352
Jun 200704,02762.007.55$30,398
May 200703,94558.747.85$30,954
Apr 200701,56259.617.81$12,192
Mar 200701,79756.927.30$13,122
Feb 200702,05355.108.22$16,867
Jan 200702,28650.306.73$15,378
Dec 200606,31056.656.92$43,655
Nov 200606,79954.207.62$51,791
Oct 2006010,05354.906.01$60,457
Sep 200608,00560.085.04$40,323
Aug 200602,67368.717.34$19,620

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.

Apr 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.63 =         $0
Gas                   18 Mcf  × $  2.75 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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/224505 is the state's own key, not one this site invented.