GUILES, DERRELL H.

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 226634District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.2 M
Nov 2006 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
235
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
CondensateDisposition3,311 bbl$248,145
GasProduction580,171 Mcf$2,905,439
Total$3,153,584

Every month this lease reported (235)

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

235 months

May 2026038106.413.05$116
Apr 202603798.932.87$106
Mar 202604089.753.15$126
Feb 202603563.503.75$131
Jan 202604359.138.00$344
Dec 202504356.664.41$190
Nov 202504158.593.93$161
Oct 202504059.383.30$132
Sep 202503462.743.08$105
Aug 202504263.933.01$127
Jul 202505766.743.32$189
Jun 2025327366.483.13$2,356
May 202508360.553.23$268
Apr 202508062.363.54$283
Mar 202508067.704.27$341
Feb 202506470.884.34$278
Jan 202506774.324.28$287
Dec 202406568.993.12$203
Nov 202407069.052.20$154
Oct 202407471.372.28$169
Sep 202401569.612.36$35
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 202401,04476.091.78$1,862
Jan 202401,65073.023.30$5,441
Dec 202301,60171.262.61$4,180
Nov 202301,69277.892.81$4,750
Oct 202311,74385.443.09$5,467
Sep 202301,76289.042.74$4,819
Aug 2023641,84080.522.67$10,071
Jul 202301,89074.852.64$4,993
Jun 202301,89268.962.26$4,273
May 202302,04170.622.23$4,546
Apr 202302,00878.122.24$4,493
Mar 202302,18872.852.39$5,236
Feb 202301,83975.112.47$4,534
Jan 202302,22276.533.39$7,528
Dec 202202,04876.415.73$11,733
Nov 202202,68585.005.65$15,160
Oct 202201,33387.185.86$7,816
Sep 202201,00584.888.16$8,205
Aug 202201,06694.529.13$9,730
Jul 20220924101.587.54$6,969
Jun 202201,076115.097.98$8,583
May 202201,255109.378.43$10,583
Apr 2022561,267104.226.84$14,500
Mar 202201,350108.885.08$6,853
Feb 202201,44891.054.86$7,036
Jan 202201,31781.844.54$5,976
Dec 202101,26571.323.90$4,932
Nov 2021091677.435.24$4,797
Oct 202101,29179.795.71$7,377
Sep 202101,31469.865.35$7,031
Aug 202101,35966.024.22$5,736
Jul 202101,47470.783.98$5,870
Jun 202101,43769.493.38$4,858
May 202101,50763.483.02$4,548
Apr 202101,47660.362.76$4,071
Mar 202101,48861.302.72$4,043
Feb 202101,35057.805.55$7,490
Jan 202101,60350.412.81$4,505
Dec 202001,61644.642.68$4,324
Nov 202001,53938.772.71$4,165
Oct 202001,57736.972.48$3,908
Sep 202001,52937.091.99$3,044
Aug 202001,56739.982.39$3,737
Jul 202001,56638.371.83$2,858
Jun 202001,51434.901.69$2,559
May 202001,56316.921.81$2,836
Apr 202001,52714.751.80$2,755
Mar 202001,53730.341.86$2,853
Feb 202001,38249.881.98$2,737
Jan 202001,24957.252.09$2,616
Dec 201901,55059.012.30$3,572
Nov 201901,56955.302.75$4,316
Oct 201901,53353.472.42$3,708
Sep 20191351,58255.052.66$11,636
Aug 201902,08953.112.30$4,814
Jul 201901,57156.272.46$3,865
Jun 201901,98052.782.49$4,933
May 201902,20158.482.74$6,031
Apr 201901,86162.632.75$5,119
Mar 201901,96956.803.06$6,029
Feb 201901,79850.852.79$5,020
Jan 201902,25446.033.23$7,276
Dec 201802,09246.594.19$8,756
Nov 201801,96352.934.24$8,318
Oct 201802,37661.443.40$8,074
Sep 201802,29859.543.11$7,142
Aug 201802,32059.403.07$7,114
Jul 201802,35465.142.93$6,902
Jun 2018862,19860.183.08$11,939
May 2018512,69665.382.90$11,155
Apr 201802,72663.842.90$7,908
Mar 20181502,88961.222.79$17,234
Feb 201802,71061.782.77$7,496
Jan 201802,82362.874.01$11,318
Dec 201703,33657.272.92$9,746
Nov 2017048255.423.12$1,503
Oct 201701,38049.292.98$4,117
Sep 201703,11847.523.09$9,626
Aug 201703,10545.373.00$9,329
Jul 201703,20643.873.09$9,898
Jun 201703,19942.493.09$9,876
May 201703,29145.373.26$10,740
Apr 201704,25647.933.21$13,669
Mar 201705,23446.772.98$15,617
Feb 2017042450.452.95$1,252
Jan 201701,70749.413.42$5,836
Dec 201601,28748.763.72$4,791
Nov 20169051342.492.64$5,181
Oct 2016035746.193.09$1,103
Sep 2016042241.553.10$1,308
Aug 2016044841.442.92$1,310
Jul 2016073341.622.92$2,144
Jun 201601,32445.352.69$3,556
May 2016043942.521.99$874
Apr 201601,08836.561.99$2,166
Mar 2016076633.011.79$1,374
Feb 2016045526.472.06$939
Jan 2016090027.352.36$2,128
Dec 2015076532.362.00$1,531
Nov 2015073238.792.17$1,586
Oct 2015055943.552.43$1,356
Sep 2015035542.992.76$979
Aug 2015042240.162.87$1,212
Jul 2015086848.152.95$2,556
Jun 2015089056.152.88$2,566
May 201502,40055.212.96$7,093
Apr 201504,69449.822.71$12,705
Mar 2015098742.892.93$2,897
Feb 201501,56644.662.98$4,661
Jan 201501,86543.433.10$5,783
Dec 201401,95654.693.59$7,025
Nov 201401,89870.464.25$8,070
Oct 201402,00278.303.90$7,810
Sep 201401,83786.164.05$7,431
Aug 20141301,99989.394.04$19,687
Jul 201402,13096.564.18$8,903
Jun 201402,18598.164.74$10,350
May 201402,05894.734.73$9,727
Apr 201402,21595.944.81$10,652
Mar 201401,26495.895.06$6,392
Feb 201401,30497.406.19$8,074
Jan 201401,69790.404.86$8,249
Dec 201301,48791.824.35$6,475
Nov 201301,47888.853.74$5,525
Oct 201301,77697.423.78$6,712
Sep 201301,550104.113.72$5,763
Aug 201301,918104.253.52$6,756
Jul 201302,036102.523.72$7,569
Jun 201302,00894.403.93$7,898
May 201302,29494.834.15$9,518
Apr 201302,26893.964.28$9,713
Mar 201302,28993.623.91$8,957
Feb 20131332,13591.233.42$19,435
Jan 201302,38691.603.42$8,160
Dec 201202,47086.773.42$8,448
Nov 201202,33386.953.62$8,457
Oct 201202,39989.383.40$8,156
Sep 201202,25294.672.92$6,572
Aug 201202,25392.662.91$6,552
Jul 201202,48685.133.02$7,510
Jun 201202,24379.822.52$5,650
May 201202,35391.612.49$5,855
Apr 201202,610101.652.00$5,212
Mar 2012983,086105.052.22$17,152
Feb 201202,865101.102.57$7,364
Jan 201202,85898.092.73$7,814
Dec 201103,01196.873.24$9,755
Nov 201102,59195.723.31$8,580
Oct 201102,73784.983.65$9,986
Sep 201102,72383.623.99$10,853
Aug 201102,99883.404.15$12,440
Jul 20111663,10594.144.52$29,653
Jun 201102,82692.904.64$13,112
May 201103,12998.134.40$13,783
Apr 201102,960105.964.33$12,827
Mar 201103,31196.364.06$13,434
Feb 2011902,91385.644.18$19,884
Jan 201103,71286.504.59$17,034
Dec 201003,31285.734.35$14,400
Nov 201003,26780.843.80$12,399
Oct 201003,48178.103.51$12,214
Sep 201003,48472.633.98$13,864
Aug 201003,45873.684.42$15,282
Jul 201003,53972.554.74$16,762
Jun 201003,68870.364.91$18,110
May 201003,80171.124.24$16,098
Apr 20101683,67781.694.12$28,883
Mar 201003,97778.394.39$17,454
Feb 201003,65373.585.44$19,881
Jan 20101994,28174.365.96$40,330
Dec 200903,94971.445.48$21,655
Nov 200904,10274.593.75$15,389
Oct 200904,14572.544.11$17,037
Sep 200903,73465.543.06$11,444
Aug 200904,02367.423.22$12,948
Jul 200904,00461.133.46$13,872
Jun 200903,73166.163.90$14,532
May 200903,64054.743.93$14,290
Apr 200902,56146.773.59$9,188
Mar 200904,65342.144.06$18,887
Feb 200904,74332.814.63$21,974
Jan 20091924,43735.865.37$30,716
Dec 200804,34737.105.98$25,983
Nov 200805,09155.496.86$34,926
Oct 200805,46475.246.92$37,822
Sep 20081745,737101.767.88$62,897
Aug 200805,170114.228.48$43,857
Jul 200805,727131.0811.39$65,227
Jun 200805,264131.3313.03$68,604
May 200805,814123.1711.57$67,293
Apr 20081995,064110.3110.45$74,895
Mar 200805,639101.909.66$54,496
Feb 200805,81192.538.77$50,966
Jan 20081855,84190.388.21$64,650
Dec 200704,55488.337.30$33,253
Nov 200705,39591.677.29$39,339
Oct 200705,97382.856.92$41,345
Sep 20071894,79375.846.24$44,262
Aug 200707,83769.066.39$50,062
Jul 20071838,89270.906.39$69,776
Jun 200708,44962.007.55$63,777
May 20071768,92158.747.85$80,335
Apr 200706,66459.617.81$52,014
Mar 200703,39156.927.30$24,761
Feb 200718111,94455.108.22$108,105
Jan 200718323,04450.306.73$164,218
Dec 2006019,47756.656.92$134,750
Nov 200605,20654.207.62$39,657

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                   38 Mcf  × $  3.05 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/226634 is the state's own key, not one this site invented.