PARNELL

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 227425District 09Field 65280200GasSaveExport
Value, all time
$13.4 M
Feb 2007 – May 2026
Value, last 12 filed months
$195 k
at the published price for each month
Months reported
232
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
GasProduction2,686,485 Mcf$13,352,247
Total$13,352,247

Every month this lease reported (232)

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

232 months

May 20264,272106.413.05$13,012
Apr 20264,21498.932.87$12,093
Mar 20264,36189.753.15$13,735
Feb 20263,91663.503.75$14,686
Jan 20264,29559.138.00$34,351
Dec 20254,30256.664.41$18,986
Nov 20254,19458.593.93$16,467
Oct 20254,54859.383.30$15,030
Sep 20254,55062.743.08$14,000
Aug 20254,64463.933.01$14,001
Jul 20254,74566.743.32$15,731
Jun 20254,16366.483.13$13,025
May 20254,70360.553.23$15,202
Apr 20254,45462.363.54$15,781
Mar 20254,78367.704.27$20,415
Feb 20254,56670.884.34$19,820
Jan 20254,96274.324.28$21,231
Dec 20244,88668.993.12$15,251
Nov 20244,83269.052.20$10,623
Oct 20244,84871.372.28$11,060
Sep 20244,81169.612.36$11,375
Aug 20245,05375.632.06$10,428
Jul 20244,93579.932.15$10,593
Jun 20244,76978.082.63$12,561
May 20244,99778.812.20$10,986
Apr 20244,75984.451.66$7,896
Mar 20245,00180.301.55$7,727
Feb 20244,61676.091.78$8,233
Jan 20245,07173.023.30$16,722
Dec 20235,17571.262.61$13,510
Nov 20235,00677.892.81$14,055
Oct 20235,19685.443.09$16,042
Sep 20235,08289.042.74$13,899
Aug 20235,24380.522.67$14,014
Jul 20235,12674.852.64$13,542
Jun 20235,10468.962.26$11,527
May 20235,30770.622.23$11,821
Apr 20235,33278.122.24$11,932
Mar 20235,55772.852.39$13,299
Feb 20234,88275.112.47$12,037
Jan 20235,75076.533.39$19,479
Dec 20225,69776.415.73$32,639
Nov 20225,58485.005.65$31,528
Oct 20225,80087.185.86$34,010
Sep 20225,48984.888.16$44,810
Aug 20225,70194.529.13$52,034
Jul 20225,688101.587.54$42,899
Jun 20225,621115.097.98$44,840
May 20226,002109.378.43$50,615
Apr 20225,905104.226.84$40,376
Mar 20226,376108.885.08$32,367
Feb 20225,39991.054.86$26,233
Jan 20226,21081.844.54$28,179
Dec 20216,23671.323.90$24,315
Nov 20216,06777.435.24$31,772
Oct 20216,43879.795.71$36,786
Sep 20215,99469.865.35$32,073
Aug 20216,34466.024.22$26,775
Jul 20216,33870.783.98$25,238
Jun 20216,17469.493.38$20,872
May 20216,57863.483.02$19,850
Apr 20215,98560.362.76$16,509
Mar 20215,94161.302.72$16,141
Feb 20214,69457.805.55$26,042
Jan 20216,38450.412.81$17,941
Dec 20206,21144.642.68$16,617
Nov 20206,22438.772.71$16,846
Oct 20206,74736.972.48$16,722
Sep 20206,70137.091.99$13,342
Aug 20207,00539.982.39$16,708
Jul 20206,98838.371.83$12,754
Jun 20206,23734.901.69$10,542
May 20206,07716.921.81$11,028
Apr 20206,88414.751.80$12,421
Mar 20207,16730.341.86$13,304
Feb 20207,11249.881.98$14,087
Jan 20206,97257.252.09$14,605
Dec 20197,10859.012.30$16,379
Nov 20196,96155.302.75$19,148
Oct 20197,21853.472.42$17,457
Sep 20197,38155.052.66$19,613
Aug 20197,94853.112.30$18,315
Jul 20197,97756.272.46$19,624
Jun 20197,58452.782.49$18,893
May 20197,84558.482.74$21,498
Apr 20197,91762.632.75$21,777
Mar 20198,58356.803.06$26,282
Feb 20197,83550.852.79$21,877
Jan 20198,99546.033.23$29,037
Dec 20189,03546.594.19$37,815
Nov 20189,38552.934.24$39,767
Oct 20189,80461.443.40$33,315
Sep 20189,92159.543.11$30,834
Aug 201811,14459.403.07$34,174
Jul 20188,68165.142.93$25,452
Jun 20186,76560.183.08$20,815
May 20187,08965.382.90$20,564
Apr 20187,04763.842.90$20,442
Mar 20187,33661.222.79$20,444
Feb 20186,64661.782.77$18,384
Jan 20187,04262.874.01$28,234
Dec 20177,47257.272.92$21,830
Nov 20177,40055.423.12$23,076
Oct 20177,65149.292.98$22,828
Sep 20177,42447.523.09$22,920
Aug 20177,73045.373.00$23,224
Jul 20177,90743.873.09$24,411
Jun 20177,68342.493.09$23,720
May 20178,39745.373.26$27,403
Apr 20178,18247.933.21$26,277
Mar 20178,29646.772.98$24,753
Feb 20176,91050.452.95$20,402
Jan 20178,05949.413.42$27,552
Dec 20168,54348.763.72$31,804
Nov 20167,90742.492.64$20,909
Oct 20167,96946.193.09$24,626
Sep 20167,85841.553.10$24,365
Aug 20168,33041.442.92$24,360
Jul 20168,61441.622.92$25,190
Jun 20168,78745.352.69$23,600
May 20169,49842.521.99$18,911
Apr 20168,54636.561.99$17,015
Mar 20168,99533.011.79$16,137
Feb 20168,08426.472.06$16,682
Jan 20168,89027.352.36$21,019
Dec 20158,80132.362.00$17,614
Nov 20158,89838.792.17$19,285
Oct 20159,49743.552.43$23,045
Sep 20159,24642.992.76$25,504
Aug 20159,72740.162.87$27,941
Jul 20159,97648.152.95$29,380
Jun 20159,16856.152.88$26,430
May 20159,32255.212.96$27,551
Apr 20159,10749.822.71$24,649
Mar 20159,45642.892.93$27,751
Feb 20158,15044.662.98$24,256
Jan 20159,31043.433.10$28,867
Dec 20149,12454.693.59$32,768
Nov 20149,22270.464.25$39,210
Oct 20149,39478.303.90$36,646
Sep 20149,03886.164.05$36,563
Aug 20149,60889.394.04$38,769
Jul 20149,85496.564.18$41,186
Jun 20149,41898.164.74$44,612
May 20149,86594.734.73$46,628
Apr 20149,50995.944.81$45,730
Mar 20149,74795.895.06$49,289
Feb 20149,48697.406.19$58,737
Jan 20149,95490.404.86$48,384
Dec 201310,17891.824.35$44,320
Nov 201310,08488.853.74$37,697
Oct 201310,44897.423.78$39,487
Sep 20139,838104.113.72$36,575
Aug 201310,062104.253.52$35,445
Jul 20139,729102.523.72$36,170
Jun 201310,37594.403.93$40,809
May 201311,27594.834.15$46,781
Apr 201310,86893.964.28$46,543
Mar 201311,37293.623.91$44,497
Feb 201310,41791.233.42$35,625
Jan 201311,16091.603.42$38,166
Dec 201211,09086.773.42$37,930
Nov 201210,86986.953.62$39,400
Oct 201211,04989.383.40$37,563
Sep 201210,70694.672.92$31,244
Aug 201210,92692.662.91$31,775
Jul 201211,09785.133.02$33,522
Jun 201211,33779.822.52$28,558
May 201212,09391.612.49$30,091
Apr 201211,553101.652.00$23,069
Mar 201211,738105.052.22$26,083
Feb 201210,886101.102.57$27,980
Jan 201211,37298.092.73$31,092
Dec 201110,72496.873.24$34,743
Nov 20119,27295.723.31$30,702
Oct 201112,19484.983.65$44,490
Sep 201112,69083.623.99$50,580
Aug 201111,10383.404.15$46,070
Jul 201111,73294.144.52$52,996
Jun 201111,43092.904.64$53,034
May 201112,81298.134.40$56,435
Apr 201112,976105.964.33$56,229
Mar 201114,30296.364.06$58,028
Feb 201112,56485.644.18$52,517
Jan 201115,41286.504.59$70,722
Dec 201015,00285.734.35$65,225
Nov 201014,21880.843.80$53,962
Oct 201014,60578.103.51$51,247
Sep 201013,65972.633.98$54,356
Aug 201015,18373.684.42$67,099
Jul 201014,59972.554.74$69,148
Jun 201014,18170.364.91$69,634
May 201014,64271.124.24$62,012
Apr 201014,96181.694.12$61,680
Mar 201013,53678.394.39$59,405
Feb 201012,69873.585.44$69,107
Jan 201015,92974.365.96$95,002
Dec 200917,16671.445.48$94,134
Nov 200917,29874.593.75$64,893
Oct 200918,42972.544.11$75,748
Sep 200915,96565.543.06$48,929
Aug 200917,94267.423.22$57,746
Jul 200917,55561.133.46$60,819
Jun 200918,23266.163.90$71,014
May 200916,97254.743.93$66,628
Apr 200918,34746.773.59$65,820
Mar 200919,23742.144.06$78,083
Feb 200917,85432.814.63$82,718
Jan 200920,21735.865.37$108,586
Dec 200821,04637.105.98$125,795
Nov 200819,93055.496.86$136,727
Oct 200821,73075.246.92$150,415
Sep 200822,274101.767.88$175,454
Aug 200822,993114.228.48$195,050
Jul 200823,868131.0811.39$271,843
Jun 200823,053131.3313.03$300,441
May 200826,753123.1711.57$309,647
Apr 200828,867110.3110.45$301,800
Mar 200830,664101.909.66$296,339
Feb 200828,94792.538.77$253,882
Jan 200832,18990.388.21$264,134
Dec 200735,61488.337.30$260,052
Nov 200736,55391.677.29$266,534
Oct 200740,20782.856.92$278,312
Sep 200743,74375.846.24$273,138
Aug 200747,74169.066.39$304,967
Jul 200753,88270.906.39$344,195
Jun 200752,52462.007.55$396,475
May 200764,02058.747.85$502,319
Apr 200773,76059.617.81$575,712
Mar 2007100,43056.927.30$733,337
Feb 20076,30155.108.22$51,769

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                4,272 Mcf  × $  3.05 =    $13,012

────────────────────────────────────────────────────
Month total                                  $13,012

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/227425 is the state's own key, not one this site invented.