MITCHELL, W. G.

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 228427District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
Mar 2007 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
231
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
CondensateDisposition2,215 bbl$161,022
GasProduction861,214 Mcf$4,180,742
Total$4,341,765

Every month this lease reported (231)

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

231 months

May 202601,785106.413.05$5,437
Apr 202601,85498.932.87$5,320
Mar 202601,97689.753.15$6,223
Feb 202601,88363.503.75$7,062
Jan 202601,43759.138.00$11,493
Dec 202501,94156.664.41$8,566
Nov 202501,98658.593.93$7,798
Oct 202502,09459.383.30$6,920
Sep 202502,05362.743.08$6,317
Aug 202502,07263.933.01$6,247
Jul 202502,11766.743.32$7,018
Jun 202502,04966.483.13$6,411
May 202502,13460.553.23$6,898
Apr 202502,11062.363.54$7,476
Mar 202502,18767.704.27$9,335
Feb 202501,92570.884.34$8,356
Jan 202502,14474.324.28$9,173
Dec 202402,12968.993.12$6,645
Nov 202402,17369.052.20$4,777
Oct 202402,22371.372.28$5,072
Sep 202401,95069.612.36$4,611
Aug 202402,03275.632.06$4,193
Jul 202401,80779.932.15$3,879
Jun 202402,09478.082.63$5,516
May 202402,26578.812.20$4,979
Apr 202402,21184.451.66$3,668
Mar 202402,23080.301.55$3,446
Feb 202402,21076.091.78$3,942
Jan 2024781,99073.023.30$12,258
Dec 202301,88871.262.61$4,929
Nov 202302,18577.892.81$6,135
Oct 202302,32085.443.09$7,162
Sep 202302,22989.042.74$6,096
Aug 202302,31880.522.67$6,196
Jul 202302,30374.852.64$6,084
Jun 202302,27068.962.26$5,127
May 202302,38470.622.23$5,310
Apr 202302,36378.122.24$5,288
Mar 202302,30772.852.39$5,521
Feb 202302,25975.112.47$5,570
Jan 202302,53576.533.39$8,588
Dec 202201,99376.415.73$11,418
Nov 202202,18585.005.65$12,337
Oct 202202,51787.185.86$14,759
Sep 202202,46084.888.16$20,083
Aug 202202,63394.529.13$24,032
Jul 202202,355101.587.54$17,762
Jun 202202,745115.097.98$21,897
May 202202,582109.378.43$21,774
Apr 202202,517104.226.84$17,210
Mar 202202,709108.885.08$13,752
Feb 202202,69591.054.86$13,095
Jan 202203,02881.844.54$13,740
Dec 202103,42971.323.90$13,370
Nov 202104,72177.435.24$24,723
Oct 202104,26379.795.71$24,358
Sep 20210069.865.35$0
Aug 20210466.024.22$17
Jul 202101770.783.98$68
Jun 2021021169.493.38$713
May 202101,99963.483.02$6,032
Apr 202103,89760.362.76$10,750
Mar 202105261.302.72$141
Feb 202102557.805.55$139
Jan 202104550.412.81$126
Dec 2020013444.642.68$359
Nov 202001,71238.772.71$4,634
Oct 202001,53336.972.48$3,799
Sep 202001,45137.091.99$2,889
Aug 202001,74139.982.39$4,152
Jul 202003,85238.371.83$7,030
Jun 202003,63334.901.69$6,141
May 202004,07316.921.81$7,391
Apr 202003,21014.751.80$5,792
Mar 202002,98230.341.86$5,535
Feb 202002,83449.881.98$5,613
Jan 202003,05557.252.09$6,399
Dec 201903,12959.012.30$7,210
Nov 201903,11255.302.75$8,560
Oct 201903,18353.472.42$7,698
Sep 201903,03655.052.66$8,068
Aug 201903,24453.112.30$7,475
Jul 20191632,86456.272.46$16,218
Jun 201902,55252.782.49$6,358
May 201902,78658.482.74$7,635
Apr 201902,73362.632.75$7,518
Mar 201902,92056.803.06$8,941
Feb 201902,44350.852.79$6,821
Jan 201902,72146.033.23$8,784
Dec 201802,92946.594.19$12,259
Nov 201802,85652.934.24$12,102
Oct 201802,74061.443.40$9,311
Sep 201802,53859.543.11$7,888
Aug 201802,94459.403.07$9,028
Jul 201803,05665.142.93$8,960
Jun 201802,96860.183.08$9,132
May 201804,33465.382.90$12,572
Apr 201803,12763.842.90$9,071
Mar 201801,98261.222.79$5,524
Feb 201801,66761.782.77$4,611
Jan 201803,10862.874.01$12,461
Dec 201702,56357.272.92$7,488
Nov 201702,65955.423.12$8,292
Oct 201702,05949.292.98$6,143
Sep 201701,66647.523.09$5,143
Aug 201702,20645.373.00$6,628
Jul 201702,18243.873.09$6,736
Jun 201702,19242.493.09$6,767
May 201701,93945.373.26$6,328
Apr 201701,57147.933.21$5,045
Mar 201702,55546.772.98$7,623
Feb 201702,41050.452.95$7,116
Jan 201702,08349.413.42$7,121
Dec 201602,29348.763.72$8,536
Nov 20161582,72042.492.64$13,906
Oct 201602,93746.193.09$9,076
Sep 201602,79041.553.10$8,651
Aug 201602,95241.442.92$8,633
Jul 201602,95541.622.92$8,641
Jun 201602,79345.352.69$7,502
May 201603,01642.521.99$6,005
Apr 201602,60636.561.99$5,189
Mar 201602,65133.011.79$4,756
Feb 201602,36326.472.06$4,876
Jan 201602,51327.352.36$5,942
Dec 201502,67932.362.00$5,362
Nov 201502,61738.792.17$5,672
Oct 201502,75543.552.43$6,685
Sep 201502,66542.992.76$7,351
Aug 201502,14040.162.87$6,147
Jul 201502,60048.152.95$7,657
Jun 201502,78156.152.88$8,017
May 201502,95155.212.96$8,722
Apr 201502,66149.822.71$7,202
Mar 201502,67842.892.93$7,859
Feb 201502,40844.662.98$7,167
Jan 201502,68543.433.10$8,325
Dec 20141593,11254.693.59$19,872
Nov 201403,11870.464.25$13,257
Oct 201403,24078.303.90$12,639
Sep 201403,19286.164.05$12,913
Aug 201403,30089.394.04$13,316
Jul 201403,30896.564.18$13,826
Jun 201403,00198.164.74$14,215
May 201402,98594.734.73$14,109
Apr 201402,58195.944.81$12,412
Mar 201403,50495.895.06$17,719
Feb 201402,33797.406.19$14,471
Jan 201403,11890.404.86$15,156
Dec 201303,58691.824.35$15,615
Nov 201305,00488.853.74$18,706
Oct 201303,40297.423.78$12,857
Sep 20131513,147104.113.72$27,420
Aug 201303,206104.253.52$11,293
Jul 201303,193102.523.72$11,871
Jun 201302,95194.403.93$11,607
May 201303,20394.834.15$13,290
Apr 201303,00793.964.28$12,878
Mar 201302,76193.623.91$10,803
Feb 201302,35891.233.42$8,064
Jan 201302,96191.603.42$10,126
Dec 2012813,59186.773.42$19,310
Nov 201203,30286.953.62$11,970
Oct 201203,50889.383.40$11,926
Sep 201202,96194.672.92$8,641
Aug 201203,39892.662.91$9,882
Jul 201203,73785.133.02$11,289
Jun 201202,90679.822.52$7,320
May 201202,98391.612.49$7,423
Apr 201203,318101.652.00$6,625
Mar 201203,422105.052.22$7,604
Feb 201203,141101.102.57$8,073
Jan 201203,38698.092.73$9,258
Dec 201103,65196.873.24$11,828
Nov 201103,82495.723.31$12,662
Oct 20111793,99584.983.65$29,787
Sep 201104,27483.623.99$17,035
Aug 201103,81483.404.15$15,826
Jul 201104,08194.144.52$18,435
Jun 201104,16992.904.64$19,344
May 201104,26398.134.40$18,778
Apr 201104,179105.964.33$18,109
Mar 201104,36296.364.06$17,698
Feb 201104,65485.644.18$19,454
Jan 201104,70786.504.59$21,599
Dec 201004,59085.734.35$19,956
Nov 201004,29480.843.80$16,297
Oct 201004,54078.103.51$15,930
Sep 201004,75072.633.98$18,902
Aug 201004,70273.684.42$20,780
Jul 201004,81172.554.74$22,787
Jun 201005,03470.364.91$24,719
May 20101545,33771.124.24$33,556
Apr 201005,42181.694.12$22,349
Mar 201005,72878.394.39$25,138
Feb 201004,96473.585.44$27,016
Jan 201005,11974.365.96$30,530
Dec 200905,66371.445.48$31,054
Nov 200905,89374.593.75$22,108
Oct 20091906,07172.544.11$38,736
Sep 200905,05165.543.06$15,480
Aug 200905,91167.423.22$19,025
Jul 200905,93961.133.46$20,576
Jun 200905,80966.163.90$22,626
May 200906,04954.743.93$23,747
Apr 200905,67346.773.59$20,352
Mar 200906,58242.144.06$26,716
Feb 200905,94332.814.63$27,534
Jan 200906,70735.865.37$36,023
Dec 200806,82437.105.98$40,788
Nov 20081787,00955.496.86$57,961
Oct 200807,43475.246.92$51,458
Sep 200807,568101.767.88$59,614
Aug 200808,077114.228.48$68,517
Jul 200808,717131.0811.39$99,282
Jun 200808,252131.3313.03$107,545
May 200808,346123.1711.57$96,599
Apr 200808,895110.3110.45$92,996
Mar 20081689,847101.909.66$112,281
Feb 2008010,12092.538.77$88,758
Jan 2008011,64690.388.21$95,564
Dec 200706,77988.337.30$49,500
Nov 20071969,06791.677.29$84,081
Oct 200709,76482.856.92$67,586
Sep 2007010,13675.846.24$63,291
Aug 200718812,37069.066.39$92,002
Jul 2007014,67970.906.39$93,769
Jun 2007014,75962.007.55$111,408
May 200717218,94458.747.85$158,743
Apr 2007026,23359.617.81$204,754
Mar 2007014,98656.927.30$109,427

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                1,785 Mcf  × $  3.05 =     $5,437

────────────────────────────────────────────────────
Month total                                   $5,437

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/228427 is the state's own key, not one this site invented.