LANDERS GU

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 224558District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
236
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
CondensateDisposition6,384 bbl$463,648
GasProduction948,336 Mcf$4,729,196
Total$5,192,844

Every month this lease reported (236)

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

236 months

May 202602,133106.413.05$6,497
Apr 202602,03298.932.87$5,831
Mar 2026632,06589.753.15$12,158
Feb 202601,98163.503.75$7,429
Jan 202601,84059.138.00$14,716
Dec 202501,90056.664.41$8,385
Nov 202501,88858.593.93$7,413
Oct 202502,15559.383.30$7,122
Sep 202502,13062.743.08$6,554
Aug 202502,23463.933.01$6,735
Jul 202502,20366.743.32$7,303
Jun 202502,13766.483.13$6,686
May 202502,27260.553.23$7,344
Apr 202501,99462.363.54$7,065
Mar 2025352,19467.704.27$11,734
Feb 202502,00070.884.34$8,682
Jan 202502,21374.324.28$9,469
Dec 202402,17568.993.12$6,789
Nov 202402,13169.052.20$4,685
Oct 2024852,18171.372.28$11,042
Sep 202402,17369.612.36$5,138
Aug 202402,21475.632.06$4,569
Jul 202402,19279.932.15$4,705
Jun 202402,18878.082.63$5,763
May 202402,14378.812.20$4,711
Apr 202402,16284.451.66$3,587
Mar 202402,22280.301.55$3,433
Feb 202402,11876.091.78$3,778
Jan 202402,27773.023.30$7,509
Dec 202302,26371.262.61$5,908
Nov 202302,21877.892.81$6,227
Oct 202302,30885.443.09$7,125
Sep 202302,18989.042.74$5,987
Aug 2023492,23380.522.67$9,914
Jul 202302,31674.852.64$6,118
Jun 202302,19268.962.26$4,951
May 202302,14570.622.23$4,778
Apr 202302,24778.122.24$5,028
Mar 202302,33072.852.39$5,576
Feb 2023492,22475.112.47$9,164
Jan 202302,45876.533.39$8,327
Dec 202202,44776.415.73$14,019
Nov 202202,31985.005.65$13,094
Oct 202202,43987.185.86$14,302
Sep 202202,40584.888.16$19,634
Aug 202202,45794.529.13$22,425
Jul 202202,346101.587.54$17,694
Jun 202202,343115.097.98$18,691
May 202202,513109.378.43$21,192
Apr 202202,099104.226.84$14,352
Mar 202202,377108.885.08$12,067
Feb 202202,07091.054.86$10,058
Jan 202202,36781.844.54$10,741
Dec 202102,38971.323.90$9,315
Nov 202102,27877.435.24$11,930
Oct 202102,40979.795.71$13,765
Sep 202102,35269.865.35$12,585
Aug 202102,43666.024.22$10,281
Jul 202102,47070.783.98$9,836
Jun 202102,31569.493.38$7,826
May 202102,37763.483.02$7,173
Apr 202102,33560.362.76$6,441
Mar 2021792,56861.302.72$11,820
Feb 202102,53357.805.55$14,053
Jan 202102,46350.412.81$6,922
Dec 202002,46544.642.68$6,595
Nov 202002,39438.772.71$6,480
Oct 202002,51836.972.48$6,241
Sep 202002,45937.091.99$4,896
Aug 202002,53739.982.39$6,051
Jul 202002,59338.371.83$4,733
Jun 2020622,52234.901.69$6,427
May 202002,57216.921.81$4,668
Apr 202002,48914.751.80$4,491
Mar 202002,62130.341.86$4,865
Feb 2020412,40249.881.98$6,803
Jan 202002,59757.252.09$5,440
Dec 201902,60559.012.30$6,003
Nov 201902,51555.302.75$6,918
Oct 201902,47253.472.42$5,979
Sep 201902,55955.052.66$6,800
Aug 2019662,59553.112.30$9,485
Jul 201902,50756.272.46$6,167
Jun 201902,36752.782.49$5,897
May 201902,65758.482.74$7,281
Apr 201902,70062.632.75$7,427
Mar 2019952,77256.803.06$13,884
Feb 201902,45350.852.79$6,849
Jan 201902,70746.033.23$8,739
Dec 201802,93746.594.19$12,293
Nov 201803,98852.934.24$16,898
Oct 201804,30561.443.40$14,629
Sep 201804,25659.543.11$13,228
Aug 201802,68759.403.07$8,240
Jul 201802,51565.142.93$7,374
Jun 2018152,53460.183.08$8,700
May 20181782,73965.382.90$19,583
Apr 201802,68963.842.90$7,800
Mar 201802,79261.222.79$7,781
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201702,14849.292.98$6,409
Sep 201702,53947.523.09$7,839
Aug 201702,93245.373.00$8,809
Jul 201702,96243.873.09$9,145
Jun 201702,68442.493.09$8,286
May 201703,01145.373.26$9,826
Apr 2017542,84047.933.21$11,709
Mar 201702,85046.772.98$8,503
Feb 201702,67250.452.95$7,889
Jan 201702,96049.413.42$10,120
Dec 20161252,97148.763.72$17,156
Nov 201602,69442.492.64$7,124
Oct 201603,02846.193.09$9,357
Sep 201603,02241.553.10$9,370
Aug 201603,30941.442.92$9,677
Jul 201602,83841.622.92$8,299
Jun 201602,99545.352.69$8,044
May 201603,18342.521.99$6,337
Apr 20161583,05136.561.99$11,851
Mar 201603,18933.011.79$5,721
Feb 201602,95026.472.06$6,088
Jan 201603,17027.352.36$7,495
Dec 201503,15732.362.00$6,318
Nov 201502,46338.792.17$5,338
Oct 201503,02343.552.43$7,336
Sep 201503,21542.992.76$8,868
Aug 201502,91840.162.87$8,382
Jul 201503,76748.152.95$11,094
Jun 201503,41356.152.88$9,839
May 201503,61455.212.96$10,681
Apr 201503,84149.822.71$10,396
Mar 201503,01742.892.93$8,854
Feb 201502,90144.662.98$8,634
Jan 20151113,08643.433.10$14,389
Dec 201403,43754.693.59$12,344
Nov 201403,08070.464.25$13,096
Oct 2014343,43078.303.90$16,042
Sep 201403,28486.164.05$13,285
Aug 201403,38689.394.04$13,663
Jul 201403,36296.564.18$14,052
Jun 201403,23798.164.74$15,333
May 201403,45194.734.73$16,311
Apr 201403,45395.944.81$16,606
Mar 20141823,34095.895.06$34,342
Feb 201403,05897.406.19$18,935
Jan 201403,63090.404.86$17,644
Dec 201303,34691.824.35$14,570
Nov 201303,45288.853.74$12,905
Oct 2013633,74297.423.78$20,280
Sep 201303,682104.113.72$13,689
Aug 201303,321104.253.52$11,699
Jul 201303,870102.523.72$14,388
Jun 201303,71194.403.93$14,597
May 201303,97494.834.15$16,488
Apr 201303,74893.964.28$16,051
Mar 201303,80393.623.91$14,881
Feb 201305,95391.233.42$20,359
Jan 201333,08991.603.42$10,839
Dec 20120186.773.42$3
Nov 20120286.953.62$7
Oct 201201,44789.383.40$4,919
Sep 20120094.672.92$0
Aug 20123392.662.91$287
Jul 2012751,45985.133.02$10,792
Jun 201203,47279.822.52$8,746
May 201203,84391.612.49$9,563
Apr 2012873,727101.652.00$16,286
Mar 201203,765105.052.22$8,366
Feb 201204,152101.102.57$10,672
Jan 20121104,36298.092.73$22,716
Dec 201104,94396.873.24$16,014
Nov 2011184,27395.723.31$15,872
Oct 201104,44484.983.65$16,214
Sep 201104,42783.623.99$17,645
Aug 2011964,63383.404.15$27,230
Jul 201104,66894.144.52$21,086
Jun 201104,47792.904.64$20,773
May 201104,37898.134.40$19,284
Apr 201104,706105.964.33$20,392
Mar 20111874,51796.364.06$36,346
Feb 201105,83985.644.18$24,407
Jan 201104,93086.504.59$22,623
Dec 201002,29985.734.35$9,995
Nov 201004,83580.843.80$18,350
Oct 201005,06378.103.51$17,766
Sep 201004,82872.633.98$19,213
Aug 2010965,12173.684.42$29,705
Jul 201005,16272.554.74$24,450
Jun 20101195,11470.364.91$33,485
May 201005,55071.124.24$23,505
Apr 201005,53081.694.12$22,798
Mar 201005,56878.394.39$24,436
Feb 201004,87573.585.44$26,532
Jan 20101455,39074.365.96$42,929
Dec 200905,47171.445.48$30,002
Nov 200905,47174.593.75$20,524
Oct 20091935,79172.544.11$37,803
Sep 200905,76065.543.06$17,653
Aug 200905,80967.423.22$18,696
Jul 200906,03061.133.46$20,891
Jun 200906,38166.163.90$24,854
May 20091906,21654.743.93$34,803
Apr 200905,92846.773.59$21,267
Mar 200905,82142.144.06$23,627
Feb 200906,52832.814.63$30,244
Jan 20091897,65335.865.37$47,882
Dec 200806,50637.105.98$38,887
Nov 200807,07755.496.86$48,551
Oct 20081777,88475.246.92$67,890
Sep 200808,010101.767.88$63,095
Aug 20081908,409114.228.48$93,036
Jul 200808,629131.0811.39$98,279
Jun 200808,297131.3313.03$108,132
May 20081948,456123.1711.57$121,767
Apr 20081618,063110.3110.45$102,057
Mar 200808,664101.909.66$83,730
Feb 20081918,79992.538.77$94,846
Jan 2008010,96390.388.21$89,959
Dec 20071988,10688.337.30$76,679
Nov 20072029,96291.677.29$91,157
Oct 200716611,06682.856.92$90,352
Sep 200718911,41675.846.24$85,617
Aug 200718610,62869.066.39$80,736
Jul 2007011,93970.906.39$76,266
Jun 200717911,63462.007.55$98,917
May 200718113,72158.747.85$118,291
Apr 200719114,12159.617.81$121,603
Mar 200718416,19956.927.30$128,758
Feb 200719216,16455.108.22$143,383
Jan 200736517,94150.306.73$139,046
Dec 200618321,16756.656.92$156,810
Nov 2006027,24454.207.62$207,531
Oct 200606,06054.906.01$36,444

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                2,133 Mcf  × $  3.05 =     $6,497

────────────────────────────────────────────────────
Month total                                   $6,497

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/224558 is the state's own key, not one this site invented.