NOWLIN, BILLIE MARIE

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 227658District 09Field 65280200GasSaveExport
Value, all time
$12.8 M
Dec 2006 – May 2026
Value, last 12 filed months
$152 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
GasProduction2,624,876 Mcf$12,800,088
Total$12,800,088

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 20263,503106.413.05$10,670
Apr 20263,33598.932.87$9,571
Mar 20263,54989.753.15$11,177
Feb 20263,26263.503.75$12,234
Jan 20263,06759.138.00$24,530
Dec 20252,56456.664.41$11,316
Nov 20253,62458.593.93$14,229
Oct 20253,83059.383.30$12,658
Sep 20253,52862.743.08$10,855
Aug 20253,33163.933.01$10,042
Jul 20253,75766.743.32$12,455
Jun 20253,88266.483.13$12,146
May 20254,03460.553.23$13,039
Apr 20253,93062.363.54$13,924
Mar 20254,09167.704.27$17,462
Feb 20253,69670.884.34$16,044
Jan 20253,91074.324.28$16,730
Dec 20244,03968.993.12$12,607
Nov 20244,09069.052.20$8,992
Oct 20244,30271.372.28$9,815
Sep 20244,23269.612.36$10,006
Aug 20244,50675.632.06$9,299
Jul 20244,40979.932.15$9,464
Jun 20244,27178.082.63$11,250
May 20244,39378.812.20$9,658
Apr 20244,15384.451.66$6,891
Mar 20244,39180.301.55$6,785
Feb 20244,12176.091.78$7,350
Jan 20244,51473.023.30$14,886
Dec 20234,36871.262.61$11,404
Nov 20234,26377.892.81$11,969
Oct 20234,43885.443.09$13,701
Sep 20234,32689.042.74$11,832
Aug 20234,50080.522.67$12,028
Jul 20234,51274.852.64$11,920
Jun 20234,41668.962.26$9,973
May 20234,42770.622.23$9,861
Apr 20233,49178.122.24$7,812
Mar 20233,28772.852.39$7,866
Feb 20232,64675.112.47$6,524
Jan 20232,94676.533.39$9,980
Dec 20223,88876.415.73$22,275
Nov 20224,94485.005.65$27,915
Oct 20224,57587.185.86$26,827
Sep 20224,13584.888.16$33,757
Aug 20224,39794.529.13$40,132
Jul 20225,125101.587.54$38,653
Jun 20224,994115.097.98$39,838
May 20224,964109.378.43$41,862
Apr 20224,700104.226.84$32,137
Mar 20224,761108.885.08$24,169
Feb 20224,42891.054.86$21,515
Jan 20224,75081.844.54$21,554
Dec 20214,65471.323.90$18,147
Nov 20214,12277.435.24$21,586
Oct 20215,11279.795.71$29,209
Sep 20215,44869.865.35$29,152
Aug 20214,65766.024.22$19,655
Jul 20215,48070.783.98$21,822
Jun 20215,87469.493.38$19,858
May 20215,97463.483.02$18,028
Apr 20215,89560.362.76$16,261
Mar 20216,16161.302.72$16,739
Feb 20215,75357.805.55$31,917
Jan 20216,09950.412.81$17,140
Dec 20206,23644.642.68$16,684
Nov 20206,00938.772.71$16,264
Oct 20206,48536.972.48$16,073
Sep 20206,26237.091.99$12,468
Aug 20206,68839.982.39$15,952
Jul 20207,11038.371.83$12,977
Jun 20206,20234.901.69$10,483
May 20206,71716.921.81$12,190
Apr 20206,82314.751.80$12,311
Mar 20207,00030.341.86$12,994
Feb 20206,53849.881.98$12,950
Jan 20207,65057.252.09$16,025
Dec 20197,92559.012.30$18,262
Nov 20197,73055.302.75$21,263
Oct 20198,15753.472.42$19,728
Sep 20198,04155.052.66$21,367
Aug 20198,34253.112.30$19,223
Jul 20198,45256.272.46$20,792
Jun 20197,92752.782.49$19,748
May 20198,28758.482.74$22,709
Apr 20197,98462.632.75$21,962
Mar 20196,62556.803.06$20,286
Feb 20197,81850.852.79$21,830
Jan 20199,75846.033.23$31,501
Dec 20189,14546.594.19$38,276
Nov 20188,55952.934.24$36,267
Oct 20183,12561.443.40$10,619
Sep 201889259.543.11$2,772
Aug 20182,43059.403.07$7,452
Jul 20184,77165.142.93$13,988
Jun 20185,11260.183.08$15,729
May 20186,50765.382.90$18,876
Apr 20187,22663.842.90$20,961
Mar 20188,17161.222.79$22,771
Feb 20185,72261.782.77$15,828
Jan 20186,41262.874.01$25,708
Dec 20177,82157.272.92$22,849
Nov 20178,77655.423.12$27,367
Oct 20179,54249.292.98$28,470
Sep 20176,20647.523.09$19,160
Aug 20175,71845.373.00$17,179
Jul 20176,57943.873.09$20,311
Jun 20176,75542.493.09$20,855
May 20177,30845.373.26$23,849
Apr 20177,34047.933.21$23,573
Mar 20177,69046.772.98$22,945
Feb 20176,94950.452.95$20,518
Jan 20177,62449.413.42$26,065
Dec 20168,83848.763.72$32,902
Nov 20167,86542.492.64$20,798
Oct 20168,36146.193.09$25,838
Sep 20167,96441.553.10$24,693
Aug 20168,64941.442.92$25,293
Jul 20169,54741.622.92$27,919
Jun 20169,89545.352.69$26,576
May 20169,19742.521.99$18,312
Apr 20168,58836.561.99$17,099
Mar 20169,72233.011.79$17,441
Feb 20169,43426.472.06$19,468
Jan 201610,16227.352.36$24,027
Dec 20159,61132.362.00$19,236
Nov 201510,74638.792.17$23,290
Oct 20159,88443.552.43$23,984
Sep 20159,33242.992.76$25,742
Aug 201510,40740.162.87$29,894
Jul 201510,41048.152.95$30,658
Jun 201510,14156.152.88$29,235
May 20159,14455.212.96$27,025
Apr 20159,27849.822.71$25,112
Mar 201510,49542.892.93$30,800
Feb 201510,02644.662.98$29,839
Jan 201511,21343.433.10$34,767
Dec 201410,19554.693.59$36,614
Nov 20149,86970.464.25$41,961
Oct 201410,23878.303.90$39,938
Sep 201410,16986.164.05$41,138
Aug 201410,77189.394.04$43,462
Jul 201411,15696.564.18$46,628
Jun 201410,90598.164.74$51,656
May 201411,79994.734.73$55,769
Apr 201411,72095.944.81$56,363
Mar 201411,95495.895.06$60,449
Feb 201411,18897.406.19$69,276
Jan 201412,52690.404.86$60,885
Dec 201312,47691.824.35$54,326
Nov 201312,30888.853.74$46,011
Oct 201313,09897.423.78$49,502
Sep 201312,827104.113.72$47,687
Aug 201313,639104.253.52$48,045
Jul 201315,047102.523.72$55,941
Jun 201313,77894.403.93$54,195
May 201315,77894.834.15$65,464
Apr 201315,51493.964.28$66,440
Mar 201316,67393.623.91$65,239
Feb 201313,87591.233.42$47,451
Jan 201316,86391.603.42$57,670
Dec 201217,35086.773.42$59,340
Nov 201217,49486.953.62$63,415
Oct 201218,51789.383.40$62,952
Sep 201217,37994.672.92$50,719
Aug 201216,27792.662.91$47,336
Jul 2012085.133.02$0
Jun 2012279.822.52$5
May 201265791.612.49$1,635
Apr 201211,160101.652.00$22,284
Mar 201210,134105.052.22$22,519
Feb 20126,591101.102.57$16,940
Jan 201211,00598.092.73$30,089
Dec 201114,43996.873.24$46,779
Nov 201114,05595.723.31$46,540
Oct 201114,86784.983.65$54,243
Sep 201114,16883.623.99$56,471
Aug 201114,58883.404.15$60,530
Jul 201117,16394.144.52$77,529
Jun 201116,02192.904.64$74,336
May 201118,13698.134.40$79,886
Apr 201115,838105.964.33$68,630
Mar 201117,11096.364.06$69,421
Feb 201119,89285.644.18$83,148
Jan 201117,63786.504.59$80,932
Dec 201018,35285.734.35$79,790
Nov 201018,99280.843.80$72,081
Oct 201019,24078.103.51$67,511
Sep 201019,09572.633.98$75,988
Aug 201020,17373.684.42$89,152
Jul 201018,93372.554.74$89,676
Jun 201018,75770.364.91$92,104
May 201014,59071.124.24$61,792
Apr 2010181.694.12$4
Mar 201013,95678.394.39$61,248
Feb 201013,76173.585.44$74,892
Jan 201015,35774.365.96$91,591
Dec 200916,82071.445.48$92,237
Nov 200915,03474.593.75$56,400
Oct 200911,01872.544.11$45,287
Sep 200910,66565.543.06$32,686
Aug 200910,49267.423.22$33,769
Jul 200914,80861.133.46$51,302
Jun 200913,75366.163.90$53,568
May 200915,67354.743.93$61,528
Apr 200915,42046.773.59$55,319
Mar 200916,57842.144.06$67,290
Feb 200915,99032.814.63$74,082
Jan 200917,55335.865.37$94,277
Dec 200817,20237.105.98$102,819
Nov 200816,47455.496.86$113,018
Oct 200816,61375.246.92$114,995
Sep 200815,933101.767.88$125,506
Aug 200817,312114.228.48$146,858
Jul 200817,230131.0811.39$196,240
Jun 200818,502131.3313.03$241,130
May 200821,093123.1711.57$244,137
Apr 200821,712110.3110.45$226,996
Mar 200823,879101.909.66$230,768
Feb 200822,43892.538.77$196,794
Jan 200824,70390.388.21$202,706
Dec 200728,11488.337.30$205,288
Nov 200728,31791.677.29$206,479
Oct 200730,75082.856.92$212,851
Sep 200730,93875.846.24$193,182
Aug 200735,46769.066.39$226,561
Jul 200736,69270.906.39$234,386
Jun 200735,97962.007.55$271,586
May 200740,88258.747.85$320,772
Apr 200744,43359.617.81$346,808
Mar 200751,73356.927.30$377,753
Feb 200755,63055.108.22$457,056
Jan 200777,26550.306.73$519,750
Dec 200662,84956.656.92$434,817

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                3,503 Mcf  × $  3.05 =    $10,670

────────────────────────────────────────────────────
Month total                                  $10,670

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/227658 is the state's own key, not one this site invented.