CHRISTINE'S LUCKY DRAW

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 225283District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.7 M
Jan 2007 – May 2026
Value, last 12 filed months
$231 k
at the published price for each month
Months reported
233
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
CondensateDisposition26,250 bbl$1,949,461
GasProduction1,655,005 Mcf$7,732,034
Total$9,681,495

Every month this lease reported (233)

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

233 months

May 202604,997106.413.05$15,220
Apr 202604,83698.932.87$13,878
Mar 2026624,79489.753.15$20,663
Feb 202604,41463.503.75$16,554
Jan 2026295,43459.138.00$45,175
Dec 202504,84256.664.41$21,369
Nov 202504,52358.593.93$17,759
Oct 2025344,79659.383.30$17,869
Sep 202504,68062.743.08$14,400
Aug 202504,75263.933.01$14,326
Jul 202504,80766.743.32$15,936
Jun 2025524,65166.483.13$18,009
May 202504,64060.553.23$14,998
Apr 2025264,61362.363.54$17,966
Mar 202504,78467.704.27$20,420
Feb 202504,12870.884.34$17,919
Jan 2025274,76674.324.28$22,399
Dec 2024254,55268.993.12$15,933
Nov 202404,35769.052.20$9,579
Oct 202424,53271.372.28$10,482
Sep 2024194,39069.612.36$11,702
Aug 202404,44575.632.06$9,173
Jul 202404,52079.932.15$9,703
Jun 2024114,53278.082.63$12,796
May 202404,51778.812.20$9,930
Apr 2024284,28684.451.66$9,476
Mar 202404,70180.301.55$7,264
Feb 2024284,41376.091.78$10,002
Jan 202404,54273.023.30$14,978
Dec 202384,58571.262.61$12,540
Nov 2023214,41377.892.81$14,025
Oct 202304,83885.443.09$14,936
Sep 2023364,44189.042.74$15,352
Aug 202304,08180.522.67$10,908
Jul 202304,03574.852.64$10,660
Jun 2023254,33468.962.26$11,512
May 2023344,52770.622.23$12,485
Apr 202305,17278.122.24$11,574
Mar 2023385,35972.852.39$15,593
Feb 202305,06075.112.47$12,476
Jan 202305,75176.533.39$19,483
Dec 2022345,54876.415.73$34,383
Nov 2022325,34985.005.65$32,922
Oct 202205,52587.185.86$32,397
Sep 202205,41484.888.16$44,198
Aug 202205,80894.529.13$53,011
Jul 20221815,719101.587.54$61,519
Jun 20221795,582115.097.98$65,130
May 202205,733109.378.43$48,347
Apr 202205,134104.226.84$35,104
Mar 202205,716108.885.08$29,017
Feb 20221805,24791.054.86$41,883
Jan 202205,72481.844.54$25,974
Dec 202105,64371.323.90$22,003
Nov 202105,44377.435.24$28,504
Oct 202105,68879.795.71$32,500
Sep 202105,43769.865.35$29,093
Aug 202105,72966.024.22$24,180
Jul 202105,63570.783.98$22,439
Jun 202105,61669.493.38$18,986
May 202105,86363.483.02$17,693
Apr 202105,71560.362.76$15,764
Mar 20211806,05761.302.72$27,491
Feb 202105,26257.805.55$29,193
Jan 202106,10550.412.81$17,157
Dec 202006,10244.642.68$16,326
Nov 202005,79338.772.71$15,679
Oct 202005,78036.972.48$14,325
Sep 202005,65337.091.99$11,255
Aug 20201645,94339.982.39$20,731
Jul 202005,98738.371.83$10,927
Jun 202005,75934.901.69$9,735
May 202005,91416.921.81$10,732
Apr 202005,70614.751.80$10,296
Mar 20201815,91430.341.86$16,469
Feb 202005,66949.881.98$11,228
Jan 202006,06057.252.09$12,694
Dec 201906,03659.012.30$13,909
Nov 201905,83355.302.75$16,045
Oct 2019916,01953.472.42$19,423
Sep 201905,99955.052.66$15,941
Aug 201906,19553.112.30$14,276
Jul 20191785,98456.272.46$24,737
Jun 201905,86852.782.49$14,618
May 201906,15258.482.74$16,858
Apr 201905,96662.632.75$16,411
Mar 201906,30956.803.06$19,319
Feb 201905,80050.852.79$16,195
Jan 20191656,27146.033.23$27,839
Dec 201806,38446.594.19$26,720
Nov 201806,10552.934.24$25,868
Oct 20181776,33061.443.40$32,385
Sep 201806,24059.543.11$19,394
Aug 201806,29259.403.07$19,295
Jul 201806,24965.142.93$18,321
Jun 201806,17660.183.08$19,003
May 201806,42865.382.90$18,646
Apr 201806,37263.842.90$18,484
Mar 2018756,55261.222.79$22,851
Feb 2018966,06761.782.77$22,713
Jan 2018666,85762.874.01$31,641
Dec 2017996,73857.272.92$25,355
Nov 201706,47755.423.12$20,198
Oct 2017986,88049.292.98$25,358
Sep 201706,75647.523.09$20,858
Aug 2017307,03145.373.00$22,485
Jul 20171197,20743.873.09$27,471
Jun 201708,19042.493.09$25,285
May 2017919,76345.373.26$35,989
Apr 201709,70247.933.21$31,159
Mar 201711610,42746.772.98$36,536
Feb 20171788,52550.452.95$34,151
Jan 201707,30249.413.42$24,964
Dec 201606,63348.763.72$24,694
Nov 20161774,36542.492.64$19,063
Oct 201607,26346.193.09$22,445
Sep 201607,12441.553.10$22,089
Aug 20161787,30341.442.92$28,733
Jul 201607,39241.622.92$21,617
Jun 201606,27845.352.69$16,862
May 201601,04242.521.99$2,075
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 2015621,94738.792.17$6,625
Oct 2015090743.552.43$2,201
Sep 201501,92742.992.76$5,315
Aug 20151025,13540.162.87$18,847
Jul 201505,37148.152.95$15,818
Jun 201504,36056.152.88$12,569
May 201504,56055.212.96$13,477
Apr 201503,53149.822.71$9,557
Mar 20151864,62742.892.93$21,556
Feb 201503,63344.662.98$10,813
Jan 201505,67943.433.10$17,608
Dec 20141835,42054.693.59$29,473
Nov 201405,79970.464.25$24,656
Oct 20141876,48978.303.90$39,955
Sep 201404,77486.164.05$19,313
Aug 201405,18489.394.04$20,918
Jul 201406,14996.564.18$25,700
Jun 20141855,64198.164.74$44,880
May 201406,72394.734.73$31,777
Apr 201405,36395.944.81$25,791
Mar 201407,34095.895.06$37,117
Feb 201402,75697.406.19$17,065
Jan 20141894,69990.404.86$39,926
Dec 201305,88991.824.35$25,644
Nov 201306,48088.853.74$24,224
Oct 201307,71797.423.78$29,165
Sep 20131737,878104.113.72$47,299
Aug 201307,303104.253.52$25,726
Jul 201307,885102.523.72$29,314
Jun 201307,47494.403.93$29,398
May 201307,78194.834.15$32,284
Apr 201307,79793.964.28$33,391
Mar 201308,30393.623.91$32,489
Feb 201307,81791.233.42$26,733
Jan 201309,29191.603.42$31,774
Dec 20121908,82886.773.42$46,679
Nov 201208,66686.953.62$31,414
Oct 20121867,01389.383.40$40,467
Sep 201208,76094.672.92$25,565
Aug 201209,14592.662.91$26,595
Jul 20121859,11085.133.02$43,269
Jun 201207,53579.822.52$18,981
May 201205,05191.612.49$12,569
Apr 201207,471101.652.00$14,918
Mar 20121283,668105.052.22$21,597
Feb 201204,082101.102.57$10,492
Jan 201205,44598.092.73$14,887
Dec 2011584096.873.24$5,748
Nov 20110195.723.31$3
Oct 20111802,74184.983.65$25,297
Sep 201107,41483.623.99$29,551
Aug 20112237,66683.404.15$50,407
Jul 201107,96894.144.52$35,993
Jun 20113667,84792.904.64$70,411
May 20111858,36198.134.40$54,983
Apr 20111907,748105.964.33$53,707
Mar 201108,16996.364.06$33,144
Feb 20113767,22185.644.18$62,384
Jan 20111918,39186.504.59$55,026
Dec 201008,55485.734.35$37,191
Nov 20101888,45980.843.80$47,303
Oct 20103688,91578.103.51$60,023
Sep 201009,09572.633.98$36,193
Aug 20101969,85773.684.42$58,003
Jul 20101869,89372.554.74$60,352
Jun 20101949,09970.364.91$58,330
May 201018510,09771.124.24$55,920
Apr 20102529,89481.694.12$61,376
Mar 201013910,32578.394.39$56,209
Feb 20102899,10073.585.44$70,790
Jan 201043710,36574.365.96$94,313
Dec 200918110,64271.445.48$71,289
Nov 200916610,81774.593.75$52,962
Oct 200935810,96072.544.11$71,018
Sep 200918710,85165.543.06$45,512
Aug 200933512,06967.423.22$61,430
Jul 200934112,40661.133.46$63,826
Jun 200916712,08866.163.90$58,131
May 200937711,79354.743.93$66,933
Apr 200936212,37546.773.59$61,326
Mar 20095858,36342.144.06$58,597
Feb 200918110,71732.814.63$55,590
Jan 200954611,91435.865.37$83,570
Dec 200818411,60537.105.98$76,191
Nov 200854511,72855.496.86$110,700
Oct 200837712,34075.246.92$113,783
Sep 200857311,748101.767.88$150,849
Aug 200819014,503114.228.48$144,731
Jul 200856315,142131.0811.39$246,257
Jun 200856414,879131.3313.03$267,983
May 200857015,786123.1711.57$252,919
Apr 200854416,321110.3110.45$230,642
Mar 200847617,367101.909.66$216,340
Feb 200875914,99192.538.77$201,710
Jan 200857214,53290.388.21$170,943
Dec 200774815,97688.337.30$182,727
Nov 200736614,45591.677.29$138,953
Oct 200706,72682.856.92$46,557
Sep 200704,76575.846.24$29,753
Aug 200704,05769.066.39$25,916
Jul 20071842,08570.906.39$26,364
Jun 200753919,14262.007.55$177,910
May 200792125,84458.747.85$256,879
Apr 20071,07226,07159.617.81$267,391
Mar 20071,28429,60856.927.30$289,282
Feb 20071,70431,22055.108.22$350,394
Jan 2007010,80250.306.73$72,663

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                4,997 Mcf  × $  3.05 =    $15,220

────────────────────────────────────────────────────
Month total                                  $15,220

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/225283 is the state's own key, not one this site invented.