BARKER-SIMPSON

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 227659District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.6 M
Dec 2006 – May 2026
Value, last 12 filed months
$183 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
CondensateDisposition1,858 bbl$119,070
GasProduction1,020,424 Mcf$5,497,565
Total$5,616,635

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 202604,627106.413.05$14,093
Apr 202604,39398.932.87$12,607
Mar 202604,08089.753.15$12,850
Feb 202603,71363.503.75$13,925
Jan 202604,03459.138.00$32,264
Dec 202503,99256.664.41$17,618
Nov 202503,85358.593.93$15,129
Oct 202504,09159.383.30$13,520
Sep 202503,92862.743.08$12,086
Aug 202504,10763.933.01$12,382
Jul 202504,12066.743.32$13,659
Jun 202504,00266.483.13$12,521
May 202504,07460.553.23$13,168
Apr 202503,89562.363.54$13,800
Mar 202504,09767.704.27$17,487
Feb 202503,67370.884.34$15,944
Jan 202504,11874.324.28$17,620
Dec 202404,10768.993.12$12,819
Nov 202404,04269.052.20$8,886
Oct 202404,51071.372.28$10,289
Sep 202404,88669.612.36$11,552
Aug 202404,98375.632.06$10,283
Jul 202404,96679.932.15$10,660
Jun 202404,83878.082.63$12,743
May 202404,77678.812.20$10,500
Apr 202401,54684.451.66$2,565
Mar 202403,98880.301.55$6,162
Feb 202403,47576.091.78$6,198
Jan 202403,78473.023.30$12,478
Dec 202303,31771.262.61$8,660
Nov 202302,70877.892.81$7,603
Oct 202303,19085.443.09$9,848
Sep 202304,13289.042.74$11,301
Aug 202304,31280.522.67$11,525
Jul 202303,74674.852.64$9,896
Jun 202303,18368.962.26$7,189
May 202301,94470.622.23$4,330
Apr 202301,84278.122.24$4,122
Mar 202302,13572.852.39$5,109
Feb 202302,44875.112.47$6,036
Jan 202302,53376.533.39$8,581
Dec 202202,23676.415.73$12,810
Nov 202201,89085.005.65$10,671
Oct 202202,60187.185.86$15,252
Sep 202202,68284.888.16$21,895
Aug 202203,04094.529.13$27,747
Jul 202202,763101.587.54$20,839
Jun 202202,820115.097.98$22,496
May 202202,884109.378.43$24,321
Apr 202202,683104.226.84$18,345
Mar 202202,925108.885.08$14,848
Feb 202202,25291.054.86$10,942
Jan 202203,10381.844.54$14,080
Dec 202102,53671.323.90$9,888
Nov 202102,93977.435.24$15,391
Oct 202103,38279.795.71$19,324
Sep 202103,33269.865.35$17,829
Aug 202103,54466.024.22$14,958
Jul 202103,48870.783.98$13,890
Jun 202102,52469.493.38$8,533
May 202101,83463.483.02$5,534
Apr 202101,83360.362.76$5,056
Mar 202103,86661.302.72$10,504
Feb 202102,75557.805.55$15,285
Jan 202103,79350.412.81$10,659
Dec 202004,28144.642.68$11,454
Nov 202003,99138.772.71$10,802
Oct 202001,89536.972.48$4,697
Sep 202002,15437.091.99$4,289
Aug 202002,06939.982.39$4,935
Jul 202002,77638.371.83$5,067
Jun 202002,24234.901.69$3,790
May 202001,68416.921.81$3,056
Apr 202001,68314.751.80$3,037
Mar 202002,26230.341.86$4,199
Feb 202001,71049.881.98$3,387
Jan 202001,81357.252.09$3,798
Dec 201901,82559.012.30$4,205
Nov 201901,94955.302.75$5,361
Oct 201902,92553.472.42$7,074
Sep 201903,31655.052.66$8,812
Aug 201903,23353.112.30$7,450
Jul 201903,76156.272.46$9,252
Jun 201903,72752.782.49$9,285
May 201903,21258.482.74$8,802
Apr 201903,16962.632.75$8,717
Mar 201903,22656.803.06$9,878
Feb 201903,02350.852.79$8,441
Jan 201903,44546.033.23$11,121
Dec 201803,58546.594.19$15,005
Nov 201803,05052.934.24$12,924
Oct 201803,22461.443.40$10,955
Sep 201803,46059.543.11$10,754
Aug 201803,57059.403.07$10,948
Jul 201803,73565.142.93$10,951
Jun 2018893,50860.183.08$16,150
May 201804,03865.382.90$11,713
Apr 201803,88263.842.90$11,261
Mar 201804,37861.222.79$12,201
Feb 201803,71861.782.77$10,284
Jan 201803,96162.874.01$15,881
Dec 201703,91057.272.92$11,423
Nov 201704,10755.423.12$12,807
Oct 201704,94949.292.98$14,766
Sep 2017385,13347.523.09$17,653
Aug 201703,77845.373.00$11,351
Jul 2017077643.873.09$2,396
Jun 20170542.493.09$15
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201601241.553.10$37
Aug 201604041.442.92$117
Jul 201607641.622.92$222
Jun 201602645.352.69$70
May 20160242.521.99$4
Apr 20160036.561.99$0
Mar 201603633.011.79$65
Feb 201602126.472.06$43
Jan 201603727.352.36$87
Dec 201503232.362.00$64
Nov 201503038.792.17$65
Oct 201505043.552.43$121
Sep 2015014242.992.76$392
Aug 2015017640.162.87$506
Jul 2015014248.152.95$418
Jun 201503456.152.88$98
May 201502755.212.96$80
Apr 20150149.822.71$3
Mar 201502,33342.892.93$6,847
Feb 201502,47544.662.98$7,366
Jan 201502,63843.433.10$8,179
Dec 201401,38454.693.59$4,970
Nov 201405770.464.25$242
Oct 201402378.303.90$90
Sep 201401886.164.05$73
Aug 201401089.394.04$40
Jul 201401896.564.18$75
Jun 2014013998.164.74$658
May 2014020794.734.73$978
Apr 2014020595.944.81$986
Mar 2014021495.895.06$1,082
Feb 2014026797.406.19$1,653
Jan 2014023590.404.86$1,142
Dec 2013027491.824.35$1,193
Nov 2013016588.853.74$617
Oct 2013020697.423.78$779
Sep 20130170104.113.72$632
Aug 20130135104.253.52$476
Jul 20130145102.523.72$539
Jun 201306094.403.93$236
May 201304594.834.15$187
Apr 201305693.964.28$240
Mar 2013088193.623.91$3,447
Feb 20130691.233.42$21
Jan 20130891.603.42$27
Dec 201205186.773.42$174
Nov 201205086.953.62$181
Oct 20120689.383.40$20
Sep 201203094.672.92$88
Aug 20120092.662.91$0
Jul 201202785.133.02$82
Jun 20120979.822.52$23
May 20120091.612.49$0
Apr 20120512101.652.00$1,022
Mar 201205,712105.052.22$12,693
Feb 201204,847101.102.57$12,458
Jan 201204,97398.092.73$13,597
Dec 201105,13396.873.24$16,630
Nov 201105,04895.723.31$16,715
Oct 201104,80584.983.65$17,531
Sep 201104,81483.623.99$19,188
Aug 201105,05883.404.15$20,987
Jul 201105,11294.144.52$23,092
Jun 201104,98392.904.64$23,121
May 201105,56598.134.40$24,513
Apr 201105,509105.964.33$23,872
Mar 201105,68396.364.06$23,058
Feb 201104,94085.644.18$20,649
Jan 201105,86786.504.59$26,922
Dec 201005,77885.734.35$25,121
Nov 201005,76980.843.80$21,895
Oct 201006,23278.103.51$21,867
Sep 201005,98472.633.98$23,813
Aug 201006,15673.684.42$27,206
Jul 201005,70872.554.74$27,036
Jun 201006,14270.364.91$30,160
May 201006,65571.124.24$28,185
Apr 201005,02181.694.12$20,700
Mar 201005,01778.394.39$22,018
Feb 20101895,32073.585.44$42,860
Jan 201006,54874.365.96$39,053
Dec 200907,56771.445.48$41,496
Nov 200907,51974.593.75$28,208
Oct 200907,88172.544.11$32,393
Sep 200908,33265.543.06$25,536
Aug 200907,92967.423.22$25,519
Jul 200908,08461.133.46$28,007
Jun 200907,86966.163.90$30,650
May 200908,45754.743.93$33,200
Apr 200909,02746.773.59$32,384
Mar 200909,23142.144.06$37,469
Feb 200908,18532.814.63$37,921
Jan 200907,27935.865.37$39,096
Dec 2008010,37637.105.98$62,019
Nov 20081859,64555.496.86$76,434
Oct 200809,77075.246.92$67,628
Sep 200809,393101.767.88$73,990
Aug 2008010,486114.228.48$88,953
Jul 2008013,023131.0811.39$148,325
Jun 2008012,138131.3313.03$158,190
May 2008014,460123.1711.57$167,364
Apr 2008016,668110.3110.45$174,262
Mar 200820015,535101.909.66$170,511
Feb 2008010,16692.538.77$89,162
Jan 2008012,47790.388.21$102,383
Dec 2007010,29688.337.30$75,181
Nov 200705,74791.677.29$41,905
Oct 20074912,44882.856.92$90,224
Sep 2007010,36375.846.24$64,708
Aug 200709,13169.066.39$58,328
Jul 20071866,38070.906.39$53,942
Jun 200708,85062.007.55$66,804
May 200709,74858.747.85$76,486
Apr 200721129,14059.617.81$240,021
Mar 200712532,93656.927.30$247,613
Feb 200719633,71155.108.22$287,769
Jan 200739048,67250.306.73$347,026
Dec 2006045,15256.656.92$312,381

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                4,627 Mcf  × $  3.05 =    $14,093

────────────────────────────────────────────────────
Month total                                  $14,093

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/227659 is the state's own key, not one this site invented.