WAKEFIELD, SANDRA

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 228479District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
230
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
CondensateDisposition12,249 bbl$905,624
GasProduction1,106,627 Mcf$4,911,897
Total$5,817,521

Every month this lease reported (230)

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

230 months

May 202603,118106.413.05$9,497
Apr 202603,00298.932.87$8,615
Mar 2026843,12789.753.15$17,387
Feb 202602,88363.503.75$10,812
Jan 202603,15259.138.00$25,209
Dec 202503,05456.664.41$13,478
Nov 202503,02858.593.93$11,889
Oct 202503,11759.383.30$10,301
Sep 202503,08262.743.08$9,483
Aug 202503,14563.933.01$9,481
Jul 202503,13066.743.32$10,377
Jun 202503,09166.483.13$9,671
May 202503,24860.553.23$10,499
Apr 202502,96562.363.54$10,505
Mar 2025863,08267.704.27$18,977
Feb 202502,82170.884.34$12,246
Jan 202503,05874.324.28$13,084
Dec 202403,08768.993.12$9,636
Nov 202403,01569.052.20$6,628
Oct 202403,17571.372.28$7,243
Sep 202403,09569.612.36$7,318
Aug 202403,18575.632.06$6,573
Jul 2024763,18679.932.15$12,914
Jun 202403,03578.082.63$7,994
May 202403,18278.812.20$6,995
Apr 2024413,06184.451.66$8,541
Mar 202403,16780.301.55$4,893
Feb 202402,93476.091.78$5,233
Jan 202403,17473.023.30$10,467
Dec 202303,15771.262.61$8,242
Nov 202303,08377.892.81$8,656
Oct 202303,18785.443.09$9,839
Sep 202303,01589.042.74$8,246
Aug 202303,25680.522.67$8,703
Jul 2023363,28174.852.64$11,362
Jun 202303,20268.962.26$7,232
May 202303,36770.622.23$7,500
Apr 202303,15778.122.24$7,065
Mar 2023743,40472.852.39$13,537
Feb 20230075.112.47$0
Jan 202303,93676.533.39$13,334
Dec 202203,83776.415.73$21,982
Nov 202203,71585.005.65$20,976
Oct 202203,74687.185.86$21,966
Sep 202203,68684.888.16$30,091
Aug 202203,84494.529.13$35,085
Jul 202203,860101.587.54$29,112
Jun 202203,777115.097.98$30,130
May 202203,941109.378.43$33,235
Apr 20221223,893104.226.84$39,334
Mar 202203,996108.885.08$20,285
Feb 202203,29691.054.86$16,015
Jan 202203,33281.844.54$15,120
Dec 202103,31171.323.90$12,910
Nov 202102,81377.435.24$14,731
Oct 202102,87279.795.71$16,410
Sep 202103,35069.865.35$17,926
Aug 202104,44866.024.22$18,773
Jul 202103,22670.783.98$12,846
Jun 202102,94469.493.38$9,953
May 202103,19463.483.02$9,638
Apr 202103,27460.362.76$9,031
Mar 2021703,55561.302.72$13,950
Feb 202103,00957.805.55$16,694
Jan 202103,44550.412.81$9,681
Dec 202003,36044.642.68$8,990
Nov 202003,20638.772.71$8,677
Oct 202003,34236.972.48$8,283
Sep 20201063,23137.091.99$10,365
Aug 202003,32739.982.39$7,935
Jul 202003,26338.371.83$5,955
Jun 202003,12734.901.69$5,286
May 202003,45516.921.81$6,270
Apr 2020903,26714.751.80$7,222
Mar 202003,30230.341.86$6,129
Feb 202003,42649.881.98$6,786
Jan 20201543,88257.252.09$16,948
Dec 201903,64059.012.30$8,388
Nov 201903,67255.302.75$10,101
Oct 201903,78453.472.42$9,152
Sep 201903,72455.052.66$9,896
Aug 201903,80753.112.30$8,773
Jul 20191813,88456.272.46$19,740
Jun 201903,90952.782.49$9,738
May 201904,22658.482.74$11,581
Apr 201904,03462.632.75$11,096
Mar 201904,14156.803.06$12,680
Feb 201903,72650.852.79$10,404
Jan 20191823,97246.033.23$21,200
Dec 201804,30246.594.19$18,006
Nov 201803,67752.934.24$15,580
Oct 201804,75461.443.40$16,154
Sep 201803,41259.543.11$10,605
Aug 201803,15659.403.07$9,678
Jul 201803,28365.142.93$9,625
Jun 201833,37360.183.08$10,559
May 201803,33765.382.90$9,680
Apr 20181593,18163.842.90$19,378
Mar 201803,17361.222.79$8,843
Feb 201802,91061.782.77$8,049
Jan 201803,29962.874.01$13,227
Dec 201703,16157.272.92$9,235
Nov 201703,06855.423.12$9,567
Oct 201703,44249.292.98$10,270
Sep 201703,38047.523.09$10,435
Aug 201703,50645.373.00$10,533
Jul 201703,59643.873.09$11,102
Jun 201703,49542.493.09$10,790
May 201703,57045.373.26$11,650
Apr 20171413,66447.933.21$18,525
Mar 201703,86846.772.98$11,541
Feb 201703,48950.452.95$10,302
Jan 201703,86549.413.42$13,214
Dec 2016913,83848.763.72$18,725
Nov 201603,75842.492.64$9,937
Oct 201603,86946.193.09$11,956
Sep 201603,55041.553.10$11,007
Aug 201603,93241.442.92$11,499
Jul 201603,93541.622.92$11,507
Jun 201603,70545.352.69$9,951
May 201603,83942.521.99$7,644
Apr 20161593,68936.561.99$13,158
Mar 201603,80633.011.79$6,828
Feb 201603,71226.472.06$7,660
Jan 201604,04827.352.36$9,571
Dec 201504,05132.362.00$8,108
Nov 20151723,79238.792.17$14,890
Oct 201504,05643.552.43$9,842
Sep 201503,87442.992.76$10,686
Aug 201504,37440.162.87$12,564
Jul 201504,78648.152.95$14,095
Jun 201504,85356.152.88$13,991
May 201505,11755.212.96$15,123
Apr 201504,48749.822.71$12,144
Mar 20151824,62142.892.93$21,367
Feb 201504,27644.662.98$12,726
Jan 201504,20443.433.10$13,035
Dec 201404,55054.693.59$16,341
Nov 201404,36070.464.25$18,538
Oct 20141844,87378.303.90$33,417
Sep 201404,94686.164.05$20,009
Aug 201405,23289.394.04$21,112
Jul 201404,95496.564.18$20,706
Jun 201404,56998.164.74$21,643
May 201404,56094.734.73$21,553
Apr 20141764,29195.944.81$37,521
Mar 201404,29595.895.06$21,719
Feb 201404,26097.406.19$26,378
Jan 20141894,63790.404.86$39,625
Dec 201304,90791.824.35$21,367
Nov 201304,35888.853.74$16,291
Oct 201304,47597.423.78$16,913
Sep 20131734,350104.113.72$34,183
Aug 201304,503104.253.52$15,862
Jul 201304,278102.523.72$15,904
Jun 201304,30194.403.93$16,918
May 20131814,67794.834.15$36,569
Apr 201304,16693.964.28$17,841
Mar 201304,33193.623.91$16,947
Feb 201304,15791.233.42$14,217
Jan 20131824,47291.603.42$31,965
Dec 201204,96686.773.42$16,985
Nov 201204,99686.953.62$18,110
Oct 20121835,16489.383.40$33,912
Sep 201205,01194.672.92$14,624
Aug 201205,16392.662.91$15,015
Jul 20121635,01385.133.02$29,019
Jun 201204,82379.822.52$12,149
May 201205,21991.612.49$12,987
Apr 20121865,417101.652.00$29,724
Mar 201205,749105.052.22$12,775
Feb 201205,407101.102.57$13,897
Jan 201205,93398.092.73$16,221
Dec 20111866,17996.873.24$38,036
Nov 201106,03895.723.31$19,994
Oct 20111846,22684.983.65$38,352
Sep 201106,16883.623.99$24,584
Aug 20111806,30983.404.15$41,190
Jul 201106,18794.144.52$27,948
Jun 20111795,88092.904.64$43,912
May 201106,10598.134.40$26,891
Apr 201105,817105.964.33$25,207
Mar 20111966,20196.364.06$44,046
Feb 201107,48785.644.18$31,296
Jan 201106,93186.504.59$31,805
Dec 20101546,78585.734.35$42,702
Nov 201006,56580.843.80$24,916
Oct 20101877,16778.103.51$39,753
Sep 20101877,05072.633.98$41,637
Aug 201007,23373.684.42$31,965
Jul 201007,30972.554.74$34,619
Jun 20101907,38470.364.91$49,627
May 20101927,10671.124.24$43,751
Apr 201006,39381.694.12$26,356
Mar 20101326,26478.394.39$37,838
Feb 20101435,46373.585.44$40,254
Jan 20101815,82074.365.96$48,170
Dec 200905,89371.445.48$32,316
Nov 20091615,84774.593.75$33,944
Oct 20091936,77672.544.11$41,851
Sep 200905,97765.543.06$18,318
Aug 20091787,02567.423.22$34,611
Jul 20091847,55061.133.46$37,405
Jun 20091737,54666.163.90$40,837
May 20091868,74054.743.93$44,493
Apr 20091888,28346.773.59$38,508
Mar 20091938,69342.144.06$43,418
Feb 20091857,72632.814.63$41,864
Jan 20091888,72135.865.37$53,582
Dec 20081888,46137.105.98$57,547
Nov 20081898,73355.496.86$70,399
Oct 20081798,45175.246.92$71,966
Sep 20081934,917101.767.88$58,371
Aug 200808,389114.228.48$71,164
Jul 20081899,609131.0811.39$134,215
Jun 20081819,212131.3313.03$143,827
May 200809,964123.1711.57$115,326
Apr 20081855,321110.3110.45$76,038
Mar 200804,146101.909.66$40,067
Feb 20080092.538.77$0
Jan 20081972,24390.388.21$36,210
Dec 200718212,34688.337.30$106,226
Nov 200738313,01591.677.29$130,011
Oct 200737814,57882.856.92$132,226
Sep 200738113,39775.846.24$112,548
Aug 200738313,98369.066.39$115,773
Jul 200736017,59670.906.39$137,926
Jun 200773520,39862.007.55$199,543
May 2007015,73758.747.85$123,477
Apr 2007011,27659.617.81$88,011

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                3,118 Mcf  × $  3.05 =     $9,497

────────────────────────────────────────────────────
Month total                                   $9,497

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/228479 is the state's own key, not one this site invented.