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 227655District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.1 M
Jan 2007 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
233
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
CondensateDisposition5 bbl$343
GasProduction1,376,679 Mcf$7,067,528
Total$7,067,871

Every month this lease reported (233)

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

233 months

May 202602,447106.413.05$7,453
Apr 202602,38898.932.87$6,853
Mar 202602,54589.753.15$8,015
Feb 202602,40163.503.75$9,005
Jan 202602,92559.138.00$23,394
Dec 202502,73856.664.41$12,084
Nov 202502,61258.593.93$10,256
Oct 202502,62659.383.30$8,679
Sep 202502,55562.743.08$7,862
Aug 202502,87363.933.01$8,661
Jul 202502,95266.743.32$9,786
Jun 202502,93366.483.13$9,177
May 202512,35960.553.23$7,686
Apr 202502,24862.363.54$7,965
Mar 202501,38167.704.27$5,895
Feb 202501,70370.884.34$7,392
Jan 202502,38374.324.28$10,196
Dec 202422,41768.993.12$7,682
Nov 202412,29569.052.20$5,114
Oct 202402,35071.372.28$5,361
Sep 202402,29969.612.36$5,436
Aug 202412,39175.632.06$5,010
Jul 202402,30379.932.15$4,944
Jun 202402,16878.082.63$5,710
May 202402,15978.812.20$4,746
Apr 202402,49884.451.66$4,145
Mar 202402,45180.301.55$3,787
Feb 202402,46376.091.78$4,393
Jan 202402,21573.023.30$7,304
Dec 202302,34871.262.61$6,130
Nov 202302,65177.892.81$7,443
Oct 202302,80685.443.09$8,663
Sep 202302,71289.042.74$7,417
Aug 202302,85680.522.67$7,634
Jul 202302,93474.852.64$7,751
Jun 202302,89168.962.26$6,529
May 202302,57970.622.23$5,744
Apr 202302,86278.122.24$6,404
Mar 202302,88372.852.39$6,899
Feb 202302,40475.112.47$5,927
Jan 202302,34276.533.39$7,934
Dec 202202,69476.415.73$15,434
Nov 202202,60985.005.65$14,731
Oct 202203,18787.185.86$18,688
Sep 202203,06984.888.16$25,054
Aug 202203,19794.529.13$29,180
Jul 202203,219101.587.54$24,278
Jun 202203,160115.097.98$25,208
May 202203,294109.378.43$27,778
Apr 202203,241104.226.84$22,161
Mar 202203,309108.885.08$16,798
Feb 202202,57291.054.86$12,497
Jan 202203,49881.844.54$15,873
Dec 202103,28271.323.90$12,797
Nov 202102,97877.435.24$15,595
Oct 202102,97579.795.71$16,999
Sep 202102,75069.865.35$14,715
Aug 202102,86166.024.22$12,075
Jul 202103,26070.783.98$12,982
Jun 202103,20169.493.38$10,821
May 202103,41163.483.02$10,293
Apr 202103,33160.362.76$9,188
Mar 202103,54961.302.72$9,642
Feb 202103,07257.805.55$17,043
Jan 202103,30250.412.81$9,280
Dec 202003,24144.642.68$8,671
Nov 202003,56638.772.71$9,652
Oct 202003,72036.972.48$9,220
Sep 202003,17137.091.99$6,314
Aug 202003,12939.982.39$7,463
Jul 202002,66938.371.83$4,871
Jun 202003,12234.901.69$5,277
May 202002,65616.921.81$4,820
Apr 202002,68914.751.80$4,852
Mar 202003,29530.341.86$6,116
Feb 202003,07449.881.98$6,089
Jan 202003,37457.252.09$7,068
Dec 201903,28759.012.30$7,574
Nov 201905,05855.302.75$13,913
Oct 201903,37653.472.42$8,165
Sep 201901,72555.052.66$4,584
Aug 201902,79553.112.30$6,441
Jul 201903,15156.272.46$7,752
Jun 201903,01352.782.49$7,506
May 201903,02658.482.74$8,292
Apr 201902,78162.632.75$7,650
Mar 201902,99056.803.06$9,156
Feb 201902,70450.852.79$7,550
Jan 201903,30646.033.23$10,672
Dec 201803,33146.594.19$13,942
Nov 201803,31152.934.24$14,030
Oct 201803,41761.443.40$11,611
Sep 201803,27459.543.11$10,176
Aug 201803,59959.403.07$11,037
Jul 201802,56665.142.93$7,523
Jun 201803,65460.183.08$11,243
May 201804,40565.382.90$12,778
Apr 201804,99263.842.90$14,481
Mar 201805,82961.222.79$16,244
Feb 201805,90261.782.77$16,326
Jan 201803,43662.874.01$13,776
Dec 201703,32557.272.92$9,714
Nov 201703,26155.423.12$10,169
Oct 201703,37849.292.98$10,079
Sep 201703,60347.523.09$11,123
Aug 201703,33945.373.00$10,032
Jul 201703,69343.873.09$11,401
Jun 201703,56542.493.09$11,006
May 201703,72145.373.26$12,143
Apr 201703,74747.933.21$12,034
Mar 201703,96446.772.98$11,827
Feb 201704,02050.452.95$11,869
Jan 201704,52649.413.42$15,473
Dec 201604,45048.763.72$16,567
Nov 201604,51042.492.64$11,926
Oct 201604,96446.193.09$15,340
Sep 201605,15041.553.10$15,968
Aug 201604,47341.442.92$13,081
Jul 201604,05541.622.92$11,858
Jun 201603,79345.352.69$10,187
May 201603,94342.521.99$7,851
Apr 201604,05036.561.99$8,064
Mar 201603,97133.011.79$7,124
Feb 201603,68226.472.06$7,598
Jan 201603,89727.352.36$9,214
Dec 201503,98032.362.00$7,966
Nov 201503,86138.792.17$8,368
Oct 201504,06243.552.43$9,857
Sep 201503,88642.992.76$10,719
Aug 201503,80840.162.87$10,938
Jul 201504,14848.152.95$12,216
Jun 201503,91956.152.88$11,298
May 201504,64955.212.96$13,740
Apr 201504,15649.822.71$11,249
Mar 201504,38742.892.93$12,875
Feb 201504,00144.662.98$11,908
Jan 201503,81343.433.10$11,823
Dec 201404,20054.693.59$15,084
Nov 201404,17170.464.25$17,734
Oct 201404,40178.303.90$17,168
Sep 201404,20786.164.05$17,019
Aug 201404,24889.394.04$17,141
Jul 201404,65596.564.18$19,456
Jun 201404,76798.164.74$22,581
May 201404,56094.734.73$21,553
Apr 201404,84695.944.81$23,305
Mar 201405,04595.895.06$25,512
Feb 201404,56297.406.19$28,248
Jan 201404,99590.404.86$24,279
Dec 201305,09191.824.35$22,169
Nov 201305,05988.853.74$18,912
Oct 201305,22597.423.78$19,747
Sep 201304,933104.113.72$18,340
Aug 201305,267104.253.52$18,554
Jul 201305,166102.523.72$19,206
Jun 201305,21094.403.93$20,493
May 201305,53394.834.15$22,957
Apr 201305,45793.964.28$23,370
Mar 201305,82693.623.91$22,796
Feb 201305,22591.233.42$17,869
Jan 201305,94991.603.42$20,345
Dec 201205,93686.773.42$20,302
Nov 201205,45386.953.62$19,767
Oct 201205,16589.383.40$17,559
Sep 201205,02194.672.92$14,653
Aug 201205,19592.662.91$15,108
Jul 201205,05285.133.02$15,261
Jun 201205,35979.822.52$13,500
May 201205,63791.612.49$14,027
Apr 201205,411101.652.00$10,805
Mar 201205,500105.052.22$12,221
Feb 201205,866101.102.57$15,077
Jan 201206,00698.092.73$16,421
Dec 201106,32096.873.24$20,475
Nov 201105,89295.723.31$19,510
Oct 201105,73684.983.65$20,928
Sep 201105,56183.623.99$22,165
Aug 201105,55583.404.15$23,049
Jul 201105,78794.144.52$26,141
Jun 201106,00092.904.64$27,839
May 201106,33498.134.40$27,900
Apr 201106,063105.964.33$26,273
Mar 201106,58996.364.06$26,734
Feb 201105,79885.644.18$24,236
Jan 201106,33686.504.59$29,075
Dec 201006,50385.734.35$28,273
Nov 201006,60380.843.80$25,061
Oct 201006,85578.103.51$24,053
Sep 201006,49472.633.98$25,843
Aug 201006,98473.684.42$30,865
Jul 201006,18172.554.74$29,276
Jun 201006,87470.364.91$33,754
May 201007,08271.124.24$29,994
Apr 201007,37081.694.12$30,384
Mar 201007,92778.394.39$34,789
Feb 201007,71173.585.44$41,966
Jan 201008,32574.365.96$49,651
Dec 200908,42171.445.48$46,179
Nov 200908,01474.593.75$30,065
Oct 200908,09472.544.11$33,268
Sep 200908,37665.543.06$25,670
Aug 200906,82267.423.22$21,957
Jul 200908,12661.133.46$28,153
Jun 200908,79166.163.90$34,241
May 200909,41854.743.93$36,973
Apr 200909,32246.773.59$33,443
Mar 2009010,02942.144.06$40,708
Feb 200909,35532.814.63$43,342
Jan 2009010,52335.865.37$56,519
Dec 2008011,04037.105.98$65,988
Nov 2008011,11555.496.86$76,253
Oct 2008011,80575.246.92$81,714
Sep 2008010,829101.767.88$85,301
Aug 2008011,178114.228.48$94,823
Jul 2008011,855131.0811.39$135,022
Jun 2008011,989131.3313.03$156,248
May 2008012,756123.1711.57$147,642
Apr 2008013,628110.3110.45$142,479
Mar 2008015,102101.909.66$145,947
Feb 2008014,15492.538.77$124,139
Jan 2008015,96190.388.21$130,972
Dec 2007017,42888.337.30$127,259
Nov 2007017,83891.677.29$130,069
Oct 2007019,92782.856.92$137,934
Sep 2007020,68875.846.24$129,179
Aug 2007022,88569.066.39$146,188
Jul 2007024,87670.906.39$158,906
Jun 2007025,76162.007.55$194,456
May 2007029,06358.747.85$228,036
Apr 2007033,92759.617.81$264,807
Mar 2007043,34356.927.30$316,489
Feb 2007054,75455.108.22$449,859
Jan 2007024,65650.306.73$165,857

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                2,447 Mcf  × $  3.05 =     $7,453

────────────────────────────────────────────────────
Month total                                   $7,453

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/227655 is the state's own key, not one this site invented.