IGR 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 224546District 09Field 65280200GasSaveExport
Value, all time
$7.4 M
Sep 2006 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
237
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
GasProduction1,498,941 Mcf$7,351,203
Total$7,351,203

Every month this lease reported (237)

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

237 months

May 20262,640106.413.05$8,041
Apr 20262,39398.932.87$6,867
Mar 20261,20789.753.15$3,801
Feb 20261,67663.503.75$6,286
Jan 20262,22159.138.00$17,763
Dec 20252,03056.664.41$8,959
Nov 20252,18758.593.93$8,587
Oct 20252,29059.383.30$7,568
Sep 20252,61762.743.08$8,052
Aug 20252,34363.933.01$7,064
Jul 20252,78666.743.32$9,236
Jun 20252,75266.483.13$8,610
May 20252,90260.553.23$9,380
Apr 20252,82562.363.54$10,009
Mar 20253,12967.704.27$13,356
Feb 20252,90270.884.34$12,597
Jan 20252,96674.324.28$12,691
Dec 20243,28768.993.12$10,260
Nov 20243,08769.052.20$6,787
Oct 20243,22671.372.28$7,360
Sep 20242,94569.612.36$6,963
Aug 20242,90475.632.06$5,993
Jul 20242,84879.932.15$6,113
Jun 20242,49878.082.63$6,580
May 20242,37178.812.20$5,213
Apr 20242,28584.451.66$3,791
Mar 20242,70180.301.55$4,173
Feb 20242,37676.091.78$4,238
Jan 20242,49973.023.30$8,241
Dec 20232,44971.262.61$6,394
Nov 20232,70877.892.81$7,603
Oct 20233,05485.443.09$9,429
Sep 20232,74489.042.74$7,505
Aug 20233,25480.522.67$8,698
Jul 20233,28374.852.64$8,673
Jun 20233,22768.962.26$7,288
May 20233,26070.622.23$7,261
Apr 20232,62078.122.24$5,863
Mar 20233,26172.852.39$7,804
Feb 20232,86775.112.47$7,069
Jan 20233,26076.533.39$11,044
Dec 20223,39876.415.73$19,467
Nov 20223,18285.005.65$17,966
Oct 20223,32987.185.86$19,520
Sep 20222,91184.888.16$23,764
Aug 20223,07794.529.13$28,084
Jul 20223,416101.587.54$25,764
Jun 20223,178115.097.98$25,352
May 20223,545109.378.43$29,895
Apr 20223,314104.226.84$22,660
Mar 20222,764108.885.08$14,031
Feb 20223,10591.054.86$15,087
Jan 20223,34881.844.54$15,192
Dec 20213,26871.323.90$12,742
Nov 20212,79077.435.24$14,611
Oct 20213,71379.795.71$21,216
Sep 20213,64969.865.35$19,526
Aug 20213,24966.024.22$13,713
Jul 20212,84170.783.98$11,313
Jun 20213,35669.493.38$11,345
May 20213,58763.483.02$10,824
Apr 20213,49860.362.76$9,649
Mar 20213,58261.302.72$9,732
Feb 20213,59357.805.55$19,934
Jan 20213,94350.412.81$11,081
Dec 20203,97044.642.68$10,622
Nov 20204,02138.772.71$10,883
Oct 20204,22636.972.48$10,474
Sep 20204,12637.091.99$8,215
Aug 20204,38039.982.39$10,447
Jul 20204,51638.371.83$8,242
Jun 20204,30934.901.69$7,284
May 20204,50316.921.81$8,172
Apr 20204,36114.751.80$7,869
Mar 20204,58530.341.86$8,511
Feb 20204,34849.881.98$8,612
Jan 20204,61057.252.09$9,657
Dec 20194,60759.012.30$10,616
Nov 20194,60455.302.75$12,664
Oct 20194,90353.472.42$11,858
Sep 20194,58755.052.66$12,189
Aug 20194,84953.112.30$11,174
Jul 20194,01956.272.46$9,887
Jun 20194,39452.782.49$10,946
May 20194,64158.482.74$12,718
Apr 20194,54162.632.75$12,491
Mar 20194,78556.803.06$14,652
Feb 20194,58750.852.79$12,808
Jan 20195,53146.033.23$17,855
Dec 20182,58046.594.19$10,798
Nov 20181,50352.934.24$6,369
Oct 20181,89761.443.40$6,446
Sep 20183,65559.543.11$11,360
Aug 20183,65659.403.07$11,211
Jul 20184,27465.142.93$12,531
Jun 20183,69860.183.08$11,378
May 20183,77565.382.90$10,951
Apr 20183,65863.842.90$10,611
Mar 20183,98561.222.79$11,106
Feb 20183,72161.782.77$10,293
Jan 20183,91662.874.01$15,701
Dec 20174,14457.272.92$12,107
Nov 20173,49855.423.12$10,908
Oct 20174,14349.292.98$12,361
Sep 20174,19147.523.09$12,939
Aug 20174,18345.373.00$12,567
Jul 20174,07143.873.09$12,568
Jun 20173,98042.493.09$12,287
May 20174,12745.373.26$13,468
Apr 20174,12347.933.21$13,241
Mar 20174,27646.772.98$12,758
Feb 20174,00150.452.95$11,813
Jan 20174,53349.413.42$15,497
Dec 20164,36048.763.72$16,232
Nov 20164,31642.492.64$11,413
Oct 20164,50946.193.09$13,934
Sep 20164,46541.553.10$13,844
Aug 20164,57341.442.92$13,373
Jul 20164,72841.622.92$13,826
Jun 20164,59045.352.69$12,328
May 20164,93342.521.99$9,822
Apr 20164,86536.561.99$9,686
Mar 20164,86533.011.79$8,728
Feb 20164,52726.472.06$9,342
Jan 20164,93827.352.36$11,675
Dec 20154,97632.362.00$9,959
Nov 20154,82038.792.17$10,447
Oct 20154,93643.552.43$11,978
Sep 20155,11242.992.76$14,101
Aug 20155,18740.162.87$14,900
Jul 20155,47848.152.95$16,133
Jun 20155,74156.152.88$16,551
May 20155,97055.212.96$17,644
Apr 20155,83949.822.71$15,804
Mar 20155,80842.892.93$17,045
Feb 20155,70244.662.98$16,970
Jan 20155,75843.433.10$17,853
Dec 20145,14254.693.59$18,467
Nov 20145,63770.464.25$23,968
Oct 20145,48778.303.90$21,405
Sep 20145,55186.164.05$22,456
Aug 20145,28989.394.04$21,342
Jul 20145,96896.564.18$24,944
Jun 20145,73298.164.74$27,152
May 20146,11494.734.73$28,898
Apr 20145,96895.944.81$28,701
Mar 20146,33595.895.06$32,035
Feb 20145,60097.406.19$34,675
Jan 20146,50590.404.86$31,619
Dec 20136,74991.824.35$29,388
Nov 20136,53288.853.74$24,418
Oct 20136,88997.423.78$26,036
Sep 20136,370104.113.72$23,682
Aug 20137,046104.253.52$24,820
Jul 20136,945102.523.72$25,820
Jun 20136,83094.403.93$26,865
May 20137,43794.834.15$30,857
Apr 20137,01193.964.28$30,025
Mar 20137,81793.623.91$30,587
Feb 20137,24591.233.42$24,777
Jan 20137,83091.603.42$26,778
Dec 20127,09586.773.42$24,266
Nov 20126,78486.953.62$24,592
Oct 20126,55089.383.40$22,268
Sep 20127,53194.672.92$21,978
Aug 20128,05592.662.91$23,425
Jul 20128,19585.133.02$24,755
Jun 20128,79079.822.52$22,142
May 20129,63891.612.49$23,982
Apr 20129,726101.652.00$19,421
Mar 201210,002105.052.22$22,225
Feb 20120101.102.57$0
Jan 201210,04798.092.73$27,469
Dec 201114,03896.873.24$45,479
Nov 20111895.723.31$60
Oct 201166584.983.65$2,426
Sep 20112,12083.623.99$8,450
Aug 20112,81383.404.15$11,672
Jul 20114,38094.144.52$19,786
Jun 20115,51092.904.64$25,566
May 20115,75098.134.40$25,328
Apr 20115,370105.964.33$23,270
Mar 2011096.364.06$0
Feb 20114,83185.644.18$20,193
Jan 20116,83786.504.59$31,373
Dec 20103,73585.734.35$16,239
Nov 20105,33280.843.80$20,237
Oct 20101,85878.103.51$6,520
Sep 20105,86472.633.98$23,336
Aug 20106,60673.684.42$29,194
Jul 20107,77872.554.74$36,840
Jun 20106,78270.364.91$33,302
May 20108,00171.124.24$33,886
Apr 20108,06281.694.12$33,237
Mar 20109,02978.394.39$39,625
Feb 20108,81173.585.44$47,953
Jan 20109,48974.365.96$56,593
Dec 200910,40171.445.48$57,036
Nov 20098,74374.593.75$32,799
Oct 20098,95372.544.11$36,799
Sep 20099,26965.543.06$28,407
Aug 20099,58067.423.22$30,833
Jul 200910,46961.133.46$36,270
Jun 200910,34666.163.90$40,298
May 200911,68254.743.93$45,861
Apr 200911,66246.773.59$41,837
Mar 200912,36942.144.06$50,206
Feb 200910,90432.814.63$50,518
Jan 200912,12335.865.37$65,113
Dec 200814,56537.105.98$87,057
Nov 200815,17355.496.86$104,092
Oct 200811,27975.246.92$78,073
Sep 20089,195101.767.88$72,430
Aug 20087,598114.228.48$64,454
Jul 200810,103131.0811.39$115,067
Jun 20088,511131.3313.03$110,921
May 200812,140123.1711.57$140,512
Apr 20089,967110.3110.45$104,204
Mar 200815,038101.909.66$145,328
Feb 200815,10092.538.77$132,436
Jan 200814,70090.388.21$120,624
Dec 200716,99288.337.30$124,075
Nov 200717,11391.677.29$124,783
Oct 200716,19382.856.92$112,088
Sep 200715,37175.846.24$95,979
Aug 200716,54969.066.39$105,714
Jul 200721,22970.906.39$135,610
Jun 200723,74462.007.55$179,230
May 200727,88558.747.85$218,794
Apr 200729,64059.617.81$231,346
Mar 200721,69256.927.30$158,394
Feb 200729,40855.108.22$241,616
Jan 200738,00550.306.73$255,654
Dec 200640,46756.656.92$279,969
Nov 200625,51954.207.62$194,390
Oct 2006054.906.01$0
Sep 20064060.085.04$201

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                2,640 Mcf  × $  3.05 =     $8,041

────────────────────────────────────────────────────
Month total                                   $8,041

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/224546 is the state's own key, not one this site invented.