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 227641District 09Field 65280200GasSaveExport
Value, all time
$11.9 M
Dec 2006 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
234
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
GasProduction2,290,081 Mcf$11,900,120
Total$11,900,120

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 20263,192106.413.05$9,722
Apr 20263,09698.932.87$8,885
Mar 20263,30589.753.15$10,409
Feb 20263,01763.503.75$11,315
Jan 20263,38959.138.00$27,105
Dec 20253,38656.664.41$14,944
Nov 20253,20958.593.93$12,600
Oct 20253,24259.383.30$10,714
Sep 20253,27962.743.08$10,089
Aug 20253,52463.933.01$10,624
Jul 20253,08166.743.32$10,214
Jun 20252,79366.483.13$8,739
May 20253,13760.553.23$10,140
Apr 20253,17862.363.54$11,260
Mar 20253,63867.704.27$15,528
Feb 20252,93170.884.34$12,723
Jan 20253,77674.324.28$16,156
Dec 20243,79868.993.12$11,855
Nov 20243,68269.052.20$8,095
Oct 20243,84171.372.28$8,763
Sep 20243,76869.612.36$8,909
Aug 20243,86875.632.06$7,982
Jul 20243,83979.932.15$8,241
Jun 20243,70678.082.63$9,762
May 20243,81578.812.20$8,387
Apr 20243,69184.451.66$6,124
Mar 20243,81180.301.55$5,888
Feb 20243,75476.091.78$6,696
Jan 20243,95373.023.30$13,036
Dec 20234,07171.262.61$10,628
Nov 20233,90877.892.81$10,972
Oct 20234,05985.443.09$12,531
Sep 20234,01389.042.74$10,976
Aug 20234,10180.522.67$10,961
Jul 20234,24174.852.64$11,204
Jun 20233,93568.962.26$8,887
May 20233,97770.622.23$8,858
Apr 20234,29378.122.24$9,607
Mar 20234,32272.852.39$10,343
Feb 20234,16975.112.47$10,279
Jan 20234,89176.533.39$16,569
Dec 20224,83576.415.73$27,700
Nov 20224,60585.005.65$26,001
Oct 20224,64687.185.86$27,243
Sep 20224,51184.888.16$36,826
Aug 20224,31094.529.13$39,338
Jul 20224,220101.587.54$31,828
Jun 20224,185115.097.98$33,385
May 20224,337109.378.43$36,574
Apr 20224,082104.226.84$27,911
Mar 20224,338108.885.08$22,021
Feb 20223,97091.054.86$19,290
Jan 20224,36681.844.54$19,812
Dec 20214,49971.323.90$17,542
Nov 20214,32177.435.24$22,628
Oct 20214,51279.795.71$25,781
Sep 20214,31369.865.35$23,079
Aug 20214,47766.024.22$18,896
Jul 20214,57970.783.98$18,234
Jun 20214,52669.493.38$15,301
May 20214,63263.483.02$13,978
Apr 20214,53560.362.76$12,509
Mar 20214,96661.302.72$13,492
Feb 20213,32157.805.55$18,425
Jan 20214,19350.412.81$11,783
Dec 20204,24444.642.68$11,355
Nov 20204,23238.772.71$11,454
Oct 20204,64136.972.48$11,502
Sep 20204,46137.091.99$8,882
Aug 20204,54439.982.39$10,838
Jul 20204,59538.371.83$8,386
Jun 20204,37434.901.69$7,393
May 20204,63216.921.81$8,406
Apr 20204,94514.751.80$8,923
Mar 20205,05130.341.86$9,376
Feb 20204,40649.881.98$8,727
Jan 20204,86057.252.09$10,180
Dec 20195,22459.012.30$12,038
Nov 20195,03155.302.75$13,839
Oct 20195,35153.472.42$12,942
Sep 20195,50355.052.66$14,623
Aug 20195,30153.112.30$12,215
Jul 20194,72656.272.46$11,626
Jun 20195,95452.782.49$14,833
May 20196,17158.482.74$16,911
Apr 20196,13562.632.75$16,876
Mar 20196,40256.803.06$19,604
Feb 20195,86050.852.79$16,362
Jan 20196,03946.033.23$19,495
Dec 20185,87046.594.19$24,569
Nov 20187,66052.934.24$32,457
Oct 20187,61661.443.40$25,880
Sep 20185,32159.543.11$16,538
Aug 20184,43659.403.07$13,603
Jul 20185,66765.142.93$16,615
Jun 20185,20260.183.08$16,006
May 20185,24365.382.90$15,209
Apr 20185,23663.842.90$15,189
Mar 20185,63461.222.79$15,701
Feb 20184,91861.782.77$13,604
Jan 20184,87762.874.01$19,553
Dec 20175,50557.272.92$16,083
Nov 20175,40455.423.12$16,852
Oct 20175,77649.292.98$17,234
Sep 20175,71147.523.09$17,631
Aug 20175,92345.373.00$17,795
Jul 20175,98543.873.09$18,477
Jun 20175,94342.493.09$18,348
May 20176,40945.373.26$20,915
Apr 20176,24047.933.21$20,040
Mar 20176,57246.772.98$19,609
Feb 20175,68450.452.95$16,783
Jan 20176,07749.413.42$20,776
Dec 20166,62348.763.72$24,656
Nov 20166,67942.492.64$17,662
Oct 20166,10846.193.09$18,875
Sep 20165,93341.553.10$18,396
Aug 20166,53641.442.92$19,113
Jul 20166,33341.622.92$18,520
Jun 20166,52245.352.69$17,517
May 20167,27742.521.99$14,489
Apr 20166,85536.561.99$13,649
Mar 20167,08433.011.79$12,709
Feb 20166,55726.472.06$13,531
Jan 20167,14427.352.36$16,891
Dec 20157,02532.362.00$14,060
Nov 20156,82938.792.17$14,801
Oct 20157,19843.552.43$17,467
Sep 20156,91542.992.76$19,074
Aug 20157,27140.162.87$20,886
Jul 20157,44548.152.95$21,926
Jun 20156,76356.152.88$19,497
May 20156,96555.212.96$20,585
Apr 20156,89149.822.71$18,651
Mar 20157,31442.892.93$21,464
Feb 20156,82744.662.98$20,318
Jan 20157,54143.433.10$23,382
Dec 20147,63754.693.59$27,427
Nov 20147,58970.464.25$32,267
Oct 20147,86878.303.90$30,693
Sep 20147,69886.164.05$31,142
Aug 20147,90689.394.04$31,902
Jul 20147,96896.564.18$33,303
Jun 20147,57198.164.74$35,863
May 20148,15194.734.73$38,526
Apr 20147,87795.944.81$37,881
Mar 20148,52095.895.06$43,084
Feb 20147,83797.406.19$48,527
Jan 20148,94190.404.86$43,460
Dec 20138,79991.824.35$38,315
Nov 20138,87288.853.74$33,166
Oct 20138,79497.423.78$33,236
Sep 20137,984104.113.72$29,682
Aug 20137,208104.253.52$25,391
Jul 20137,948102.523.72$29,549
Jun 20138,05994.403.93$31,699
May 20139,06294.834.15$37,599
Apr 20139,08693.964.28$38,912
Mar 20138,93693.623.91$34,965
Feb 20138,33091.233.42$28,488
Jan 20139,45391.603.42$32,328
Dec 20129,61186.773.42$32,871
Nov 20129,19786.953.62$33,339
Oct 20128,97189.383.40$30,499
Sep 20128,79694.672.92$25,670
Aug 20128,66292.662.91$25,190
Jul 20128,46785.133.02$25,577
Jun 20129,06379.822.52$22,830
May 20129,39691.612.49$23,380
Apr 20128,675101.652.00$17,322
Mar 20128,989105.052.22$19,974
Feb 20128,942101.102.57$22,983
Jan 20129,70998.092.73$26,545
Dec 20119,96796.873.24$32,290
Nov 20119,10695.723.31$30,153
Oct 20118,03284.983.65$29,305
Sep 20119,16083.623.99$36,510
Aug 20119,26983.404.15$38,460
Jul 20119,60794.144.52$43,397
Jun 20119,58892.904.64$44,487
May 201110,30798.134.40$45,400
Apr 201110,148105.964.33$43,974
Mar 201110,60796.364.06$43,036
Feb 20119,44785.644.18$39,488
Jan 201110,61486.504.59$48,705
Dec 201010,67485.734.35$46,408
Nov 201010,51880.843.80$39,919
Oct 201011,28578.103.51$39,598
Sep 20109,90272.633.98$39,405
Aug 201011,63473.684.42$51,415
Jul 201011,61872.554.74$55,029
Jun 201010,97470.364.91$53,887
May 201012,00671.124.24$50,848
Apr 201012,07781.694.12$49,790
Mar 201012,83678.394.39$56,333
Feb 201011,59873.585.44$63,120
Jan 20109,92774.365.96$59,206
Dec 200913,33571.445.48$73,126
Nov 200913,23474.593.75$49,647
Oct 200913,83772.544.11$56,874
Sep 200913,02865.543.06$39,928
Aug 200913,03567.423.22$41,953
Jul 200914,73561.133.46$51,049
Jun 200913,94466.163.90$54,312
May 200915,98754.743.93$62,761
Apr 200914,94246.773.59$53,604
Mar 200915,74942.144.06$63,925
Feb 200915,58232.814.63$72,191
Jan 200917,12235.865.37$91,962
Dec 200817,00337.105.98$101,629
Nov 200816,96855.496.86$116,407
Oct 200818,21575.246.92$126,084
Sep 200817,965101.767.88$141,512
Aug 200816,372114.228.48$138,884
Jul 200818,974131.0811.39$216,103
Jun 200818,787131.3313.03$244,844
May 200820,550123.1711.57$237,852
Apr 200820,959110.3110.45$219,123
Mar 200823,381101.909.66$225,956
Feb 200823,29892.538.77$204,337
Jan 200826,95590.388.21$221,185
Dec 200730,57888.337.30$223,280
Nov 200730,88591.677.29$225,204
Oct 200733,83782.856.92$234,219
Sep 200735,10975.846.24$219,226
Aug 200738,39669.066.39$245,271
Jul 200742,35770.906.39$270,574
Jun 200742,58862.007.55$321,473
May 200748,98458.747.85$384,342
Apr 200756,67759.617.81$442,375
Mar 200770,36156.927.30$513,774
Feb 200781,66755.108.22$670,976
Jan 2007110,96250.306.73$746,425
Dec 200614,06656.656.92$97,315

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                3,192 Mcf  × $  3.05 =     $9,722

────────────────────────────────────────────────────
Month total                                   $9,722

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/227641 is the state's own key, not one this site invented.