DAVIS, CHARLES

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 225420District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$113 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
CondensateDisposition1 bbl$81
GasProduction2,004,425 Mcf$10,244,645
Total$10,244,725

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 202602,567106.413.05$7,819
Apr 202602,45598.932.87$7,045
Mar 202602,53789.753.15$7,990
Feb 202602,27763.503.75$8,539
Jan 202602,26259.138.00$18,091
Dec 202502,59556.664.41$11,453
Nov 202502,54558.593.93$9,993
Oct 202502,75659.383.30$9,108
Sep 202502,59262.743.08$7,975
Aug 202502,67563.933.01$8,064
Jul 202502,66966.743.32$8,848
Jun 202502,60566.483.13$8,150
May 202502,73560.553.23$8,840
Apr 202502,62462.363.54$9,297
Mar 202502,71367.704.27$11,580
Feb 202502,46670.884.34$10,705
Jan 202502,78774.324.28$11,925
Dec 202402,76668.993.12$8,634
Nov 202402,68769.052.20$5,907
Oct 202402,67771.372.28$6,107
Sep 202402,64569.612.36$6,254
Aug 202402,73975.632.06$5,652
Jul 202402,65279.932.15$5,693
Jun 202401,09178.082.63$2,874
May 202402,21578.812.20$4,870
Apr 202402,04184.451.66$3,386
Mar 202402,17880.301.55$3,365
Feb 202402,22976.091.78$3,976
Jan 202402,87873.023.30$9,491
Dec 202302,84671.262.61$7,430
Nov 202302,32077.892.81$6,514
Oct 202302,91785.443.09$9,006
Sep 202302,95089.042.74$8,068
Aug 202312,66180.522.67$7,193
Jul 20230874.852.64$21
Jun 202305768.962.26$129
May 202301,21070.622.23$2,695
Apr 202302,47378.122.24$5,534
Mar 202302,80272.852.39$6,706
Feb 202301,23175.112.47$3,035
Jan 202302,84076.533.39$9,621
Dec 202202,82976.415.73$16,208
Nov 202202,69885.005.65$15,233
Oct 202202,84487.185.86$16,677
Sep 202202,76184.888.16$22,540
Aug 202203,00694.529.13$27,436
Jul 202202,746101.587.54$20,711
Jun 202203,372115.097.98$26,899
May 202203,693109.378.43$31,143
Apr 202202,567104.226.84$17,552
Mar 202202,903108.885.08$14,737
Feb 2022093191.054.86$4,524
Jan 202202,73481.844.54$12,406
Dec 202102,73871.323.90$10,676
Nov 202102,60577.435.24$13,642
Oct 202102,61579.795.71$14,942
Sep 202102,51269.865.35$13,442
Aug 202102,63066.024.22$11,100
Jul 202102,51770.783.98$10,023
Jun 202102,87369.493.38$9,713
May 202103,18063.483.02$9,596
Apr 202102,67360.362.76$7,373
Mar 202102,80061.302.72$7,607
Feb 202102,51357.805.55$13,942
Jan 202102,83350.412.81$7,961
Dec 202002,83444.642.68$7,582
Nov 202002,72538.772.71$7,375
Oct 202003,01236.972.48$7,465
Sep 202003,64537.091.99$7,257
Aug 202003,45639.982.39$8,243
Jul 202003,43838.371.83$6,275
Jun 202003,11834.901.69$5,270
May 202003,63216.921.81$6,591
Apr 202003,54514.751.80$6,397
Mar 202003,63930.341.86$6,755
Feb 202003,14249.881.98$6,223
Jan 202003,35357.252.09$7,024
Dec 201903,30559.012.30$7,616
Nov 201903,44955.302.75$9,487
Oct 201903,85653.472.42$9,326
Sep 201903,77055.052.66$10,018
Aug 201903,76053.112.30$8,664
Jul 201903,76656.272.46$9,265
Jun 201903,54452.782.49$8,829
May 201903,59758.482.74$9,857
Apr 201903,38962.632.75$9,322
Mar 201903,95156.803.06$12,098
Feb 201903,30850.852.79$9,237
Jan 201903,72146.033.23$12,012
Dec 201803,54646.594.19$14,842
Nov 201803,46752.934.24$14,691
Oct 201803,63861.443.40$12,362
Sep 201803,72459.543.11$11,574
Aug 201803,88059.403.07$11,898
Jul 201803,87565.142.93$11,361
Jun 201803,74760.183.08$11,529
May 201804,16865.382.90$12,091
Apr 201804,01863.842.90$11,655
Mar 201804,25361.222.79$11,852
Feb 201803,79261.782.77$10,489
Jan 201804,33462.874.01$17,376
Dec 201704,46457.272.92$13,042
Nov 201704,11155.423.12$12,820
Oct 201704,42049.292.98$13,188
Sep 201704,33547.523.09$13,383
Aug 201704,44345.373.00$13,349
Jul 201704,75443.873.09$14,677
Jun 201704,89542.493.09$15,112
May 201705,13745.373.26$16,764
Apr 201704,90947.933.21$15,766
Mar 201705,13746.772.98$15,327
Feb 201704,78750.452.95$14,134
Jan 201705,15649.413.42$17,627
Dec 201605,67648.763.72$21,131
Nov 201605,27042.492.64$13,936
Oct 201605,68346.193.09$17,562
Sep 201605,50841.553.10$17,078
Aug 201606,01041.442.92$17,575
Jul 201605,98441.622.92$17,499
Jun 201605,98245.352.69$16,067
May 201606,35742.521.99$12,657
Apr 201606,94136.561.99$13,820
Mar 201606,45533.011.79$11,580
Feb 201605,89826.472.06$12,171
Jan 201607,04027.352.36$16,645
Dec 201507,13232.362.00$14,274
Nov 201506,20038.792.17$13,437
Oct 201506,56643.552.43$15,933
Sep 201506,21442.992.76$17,141
Aug 201506,71840.162.87$19,297
Jul 201507,00848.152.95$20,639
Jun 201506,66656.152.88$19,217
May 201506,98355.212.96$20,638
Apr 201506,82749.822.71$18,478
Mar 201507,20242.892.93$21,136
Feb 201506,72444.662.98$20,012
Jan 201507,32043.433.10$22,697
Dec 201407,44154.693.59$26,723
Nov 201407,44270.464.25$31,642
Oct 201408,29478.303.90$32,355
Sep 201408,21486.164.05$33,229
Aug 201409,43489.394.04$38,067
Jul 201408,87196.564.18$37,077
Jun 201408,68798.164.74$41,149
May 201409,37094.734.73$44,288
Apr 201409,03695.944.81$43,455
Mar 201409,30795.895.06$47,064
Feb 201408,65597.406.19$53,592
Jan 2014010,29290.404.86$50,027
Dec 2013010,42991.824.35$45,413
Nov 2013010,21988.853.74$38,201
Oct 2013010,57597.423.78$39,967
Sep 2013011,019104.113.72$40,966
Aug 2013011,585104.253.52$40,809
Jul 2013011,394102.523.72$42,360
Jun 2013011,31494.403.93$44,503
May 2013011,38294.834.15$47,225
Apr 2013011,65693.964.28$49,918
Mar 2013011,95393.623.91$46,771
Feb 2013010,16591.233.42$34,763
Jan 2013012,28391.603.42$42,007
Dec 2012013,84486.773.42$47,349
Nov 2012014,44986.953.62$52,377
Oct 2012015,49789.383.40$52,685
Sep 2012016,08094.672.92$46,928
Aug 2012018,61992.662.91$54,147
Jul 2012026,86585.133.02$81,154
Jun 20120079.822.52$0
May 2012090691.612.49$2,254
Apr 2012017,702101.652.00$35,347
Mar 201201,047105.052.22$2,327
Feb 20120964101.102.57$2,478
Jan 201208,17698.092.73$22,354
Dec 201109,81396.873.24$31,792
Nov 201109,41895.723.31$31,186
Oct 201108,19784.983.65$29,907
Sep 201108,11383.623.99$32,337
Aug 201108,46483.404.15$35,120
Jul 201107,32794.144.52$33,098
Jun 201109,33392.904.64$43,304
May 201109,90398.134.40$43,621
Apr 201109,792105.964.33$42,431
Mar 2011010,25496.364.06$41,604
Feb 201108,91785.644.18$37,273
Jan 2011011,01586.504.59$50,545
Dec 2010011,19085.734.35$48,651
Nov 2010011,26480.843.80$42,751
Oct 2010011,03278.103.51$38,710
Sep 2010011,33472.633.98$45,103
Aug 2010011,37873.684.42$50,283
Jul 2010010,91872.554.74$51,713
Jun 2010011,04970.364.91$54,255
May 201009,67971.124.24$40,993
Apr 201008,99481.694.12$37,079
Mar 2010012,27178.394.39$53,853
Feb 201009,61673.585.44$52,334
Jan 2010011,43574.365.96$68,199
Dec 2009011,53671.445.48$63,261
Nov 2009011,88974.593.75$44,602
Oct 2009012,12072.544.11$49,816
Sep 2009011,53765.543.06$35,358
Aug 2009011,40467.423.22$36,704
Jul 2009013,44861.133.46$46,591
Jun 2009012,98566.163.90$50,577
May 2009014,23854.743.93$55,895
Apr 2009013,38646.773.59$48,022
Mar 2009014,26542.144.06$57,902
Feb 2009014,68132.814.63$68,017
Jan 2009013,45435.865.37$72,261
Dec 2008013,83537.105.98$82,694
Nov 2008014,92155.496.86$102,363
Oct 2008014,61675.246.92$101,172
Sep 2008014,812101.767.88$116,675
Aug 2008016,557114.228.48$140,453
Jul 2008016,275131.0811.39$185,363
Jun 2008015,834131.3313.03$206,359
May 2008016,079123.1711.57$186,103
Apr 2008019,133110.3110.45$200,033
Mar 2008021,379101.909.66$206,608
Feb 2008019,65592.538.77$172,386
Jan 2008018,76890.388.21$154,005
Dec 2007017,40888.337.30$127,113
Nov 2007020,48191.677.29$149,341
Oct 2007021,96782.856.92$152,055
Sep 2007024,46675.846.24$152,770
Aug 2007026,04369.066.39$166,361
Jul 2007027,98370.906.39$178,754
Jun 2007027,15062.007.55$204,940
May 2007028,42658.747.85$223,038
Apr 2007030,91159.617.81$241,267
Mar 2007034,41956.927.30$251,327
Feb 2007035,72555.108.22$293,517
Jan 2007045,68150.306.73$307,289
Dec 2006053,54356.656.92$370,434
Nov 2006065,34454.207.62$497,757
Oct 2006071,34454.906.01$429,049

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                2,567 Mcf  × $  3.05 =     $7,819

────────────────────────────────────────────────────
Month total                                   $7,819

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/225420 is the state's own key, not one this site invented.