TINDLE, BUFORD

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 227435District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
Dec 2006 – May 2026
Value, last 12 filed months
$178 k
at the published price for each month
Months reported
234
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 bbl$234
GasProduction917,324 Mcf$4,251,296
Total$4,251,531

Every month this lease reported (234)

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

234 months

May 202603,889106.413.05$11,845
Apr 202603,91698.932.87$11,238
Mar 202604,16389.753.15$13,111
Feb 202603,81663.503.75$14,311
Jan 202604,58959.138.00$36,702
Dec 202504,57456.664.41$20,187
Nov 202504,32858.593.93$16,994
Oct 202503,43059.383.30$11,336
Sep 202503,14862.743.08$9,686
Aug 202503,29063.933.01$9,919
Jul 202503,45866.743.32$11,464
Jun 202503,56566.483.13$11,154
May 202503,77160.553.23$12,189
Apr 202501,32562.363.54$4,695
Mar 2025024467.704.27$1,041
Feb 2025023470.884.34$1,016
Jan 2025026674.324.28$1,138
Dec 2024028268.993.12$880
Nov 2024026669.052.20$585
Oct 2024034971.372.28$796
Sep 2024048169.612.36$1,137
Aug 202401,38175.632.06$2,850
Jul 202403,03479.932.15$6,513
Jun 202432,99678.082.63$8,126
May 202402,94878.812.20$6,481
Apr 202403,22784.451.66$5,354
Mar 202403,38780.301.55$5,233
Feb 202403,24476.091.78$5,786
Jan 202403,22373.023.30$10,628
Dec 202303,42571.262.61$8,942
Nov 202305,36677.892.81$15,065
Oct 202304,11385.443.09$12,698
Sep 202304,19589.042.74$11,473
Aug 202304,17280.522.67$11,151
Jul 202303,90774.852.64$10,322
Jun 202303,09068.962.26$6,979
May 202303,96470.622.23$8,829
Apr 202303,93178.122.24$8,797
Mar 202303,45172.852.39$8,259
Feb 202301,55975.112.47$3,844
Jan 202303,82476.533.39$12,955
Dec 202204,37876.415.73$25,082
Nov 202205,12085.005.65$28,909
Oct 202206,94687.185.86$40,730
Sep 2022098384.888.16$8,025
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020025757.252.09$538
Dec 2019014959.012.30$343
Nov 20190055.302.75$0
Oct 2019016253.472.42$392
Sep 2019052455.052.66$1,392
Aug 201902,86553.112.30$6,602
Jul 201903,11356.272.46$7,658
Jun 201902,91052.782.49$7,249
May 201902,65658.482.74$7,278
Apr 201903,02562.632.75$8,321
Mar 201902,74756.803.06$8,412
Feb 201902,45550.852.79$6,855
Jan 201903,37146.033.23$10,882
Dec 201803,13646.594.19$13,126
Nov 201802,55052.934.24$10,805
Oct 201802,69361.443.40$9,151
Sep 201802,61359.543.11$8,121
Aug 201802,89159.403.07$8,865
Jul 201802,86965.142.93$8,412
Jun 201802,80760.183.08$8,637
May 201803,42365.382.90$9,929
Apr 201803,30263.842.90$9,578
Mar 201802,97861.222.79$8,299
Feb 201802,91961.782.77$8,074
Jan 201803,43662.874.01$13,776
Dec 201703,56757.272.92$10,421
Nov 201703,62655.423.12$11,307
Oct 201703,66949.292.98$10,947
Sep 201703,68347.523.09$11,370
Aug 201703,35045.373.00$10,065
Jul 201704,18743.873.09$12,926
Jun 201704,12942.493.09$12,747
May 201704,46745.373.26$14,578
Apr 201704,51247.933.21$14,491
Mar 201704,78246.772.98$14,268
Feb 201702,97850.452.95$8,793
Jan 201704,31749.413.42$14,759
Dec 201604,89848.763.72$18,234
Nov 201605,23142.492.64$13,833
Oct 201604,29446.193.09$13,270
Sep 201604,91441.553.10$15,237
Aug 201605,10641.442.92$14,932
Jul 201604,41141.622.92$12,899
Jun 201605,04345.352.69$13,545
May 201605,26842.521.99$10,489
Apr 201604,75236.561.99$9,461
Mar 201603,16733.011.79$5,682
Feb 201605,52526.472.06$11,402
Jan 201604,95627.352.36$11,718
Dec 201503,52732.362.00$7,059
Nov 201504,87738.792.17$10,570
Oct 201504,58743.552.43$11,131
Sep 201505,09142.992.76$14,043
Aug 201502,61940.162.87$7,523
Jul 201505,06748.152.95$14,923
Jun 201505,28256.152.88$15,227
May 201505,57155.212.96$16,465
Apr 201505,52649.822.71$14,957
Mar 201506,18342.892.93$18,145
Feb 201505,91944.662.98$17,616
Jan 201505,93243.433.10$18,393
Dec 201405,79654.693.59$20,816
Nov 201405,75570.464.25$24,469
Oct 201405,23178.303.90$20,406
Sep 201406,52186.164.05$26,380
Aug 201406,33689.394.04$25,567
Jul 201406,09896.564.18$25,487
Jun 201406,57398.164.74$31,136
May 201407,10294.734.73$33,568
Apr 201405,32995.944.81$25,628
Mar 201408,13695.895.06$41,142
Feb 201407,44897.406.19$46,118
Jan 201408,50190.404.86$41,321
Dec 201308,37591.824.35$36,469
Nov 201309,91588.853.74$37,065
Oct 2013011,84397.423.78$44,759
Sep 201302,720104.113.72$10,112
Aug 201303,106104.253.52$10,941
Jul 201301,565102.523.72$5,818
Jun 201301,23094.403.93$4,838
May 201301,00894.834.15$4,182
Apr 201301,54293.964.28$6,604
Mar 201304,15193.623.91$16,242
Feb 201303,04891.233.42$10,424
Jan 201302,11191.603.42$7,219
Dec 201201,88086.773.42$6,430
Nov 201202,02486.953.62$7,337
Oct 201201,51589.383.40$5,151
Sep 201201,98994.672.92$5,805
Aug 201202,17092.662.91$6,311
Jul 201202,64585.133.02$7,990
Jun 201202,47979.822.52$6,245
May 201202,28791.612.49$5,691
Apr 201202,123101.652.00$4,239
Mar 201202,577105.052.22$5,726
Feb 201201,923101.102.57$4,943
Jan 201202,15898.092.73$5,900
Dec 201102,22596.873.24$7,208
Nov 201102,44295.723.31$8,086
Oct 201103,21884.983.65$11,741
Sep 201102,86383.623.99$11,411
Aug 201101,87983.404.15$7,797
Jul 201102,54194.144.52$11,478
Jun 201102,21092.904.64$10,254
May 201101,99998.134.40$8,805
Apr 201101,140105.964.33$4,940
Mar 2011074396.364.06$3,015
Feb 2011025685.644.18$1,070
Jan 201102,20886.504.59$10,132
Dec 201005,99985.734.35$26,082
Nov 201005,19680.843.80$19,721
Oct 201004,87578.103.51$17,106
Sep 201005,54072.633.98$22,046
Aug 201006,45173.684.42$28,509
Jul 201006,15172.554.74$29,134
Jun 2010010,82670.364.91$53,160
May 2010011,97971.124.24$50,734
Apr 201005,01381.694.12$20,667
Mar 201004,86578.394.39$21,351
Feb 201003,38873.585.44$18,439
Jan 201003,03874.365.96$18,119
Dec 200902,75871.445.48$15,124
Nov 200902,89874.593.75$10,872
Oct 200903,70772.544.11$15,237
Sep 200904,01365.543.06$12,299
Aug 200904,19367.423.22$13,495
Jul 200905,17561.133.46$17,929
Jun 200906,34366.163.90$24,706
May 200906,07954.743.93$23,865
Apr 200906,67346.773.59$23,939
Mar 200907,67242.144.06$31,141
Feb 200901,24232.814.63$5,754
Jan 200901,35935.865.37$7,299
Dec 2008093837.105.98$5,607
Nov 200801,49955.496.86$10,284
Oct 200802,05475.246.92$14,218
Sep 200805,471101.767.88$43,096
Aug 200805,298114.228.48$44,943
Jul 20080366131.0811.39$4,169
Jun 200803,764131.3313.03$49,055
May 200804,796123.1711.57$55,510
Apr 200805,374110.3110.45$56,184
Mar 200807,234101.909.66$69,910
Feb 200808,15992.538.77$71,559
Jan 200807,57490.388.21$62,150
Dec 200709,62788.337.30$70,296
Nov 2007011,07891.677.29$80,777
Oct 2007013,87982.856.92$96,070
Sep 2007013,98875.846.24$87,343
Aug 2007015,58169.066.39$99,530
Jul 2007019,25670.906.39$123,006
Jun 2007014,64362.007.55$110,532
May 2007016,99658.747.85$133,355
Apr 200703,56859.617.81$27,849
Mar 2007014,56756.927.30$106,368
Feb 2007020,45255.108.22$168,034
Jan 2007027,83250.306.73$187,222
Dec 2006014,85156.656.92$102,746

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                3,889 Mcf  × $  3.05 =    $11,845

────────────────────────────────────────────────────
Month total                                  $11,845

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/227435 is the state's own key, not one this site invented.