WEST & WEST

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 228511District 09Field 65280200GasSaveExport
Value, all time
$14.3 M
Apr 2007 – May 2026
Value, last 12 filed months
$314 k
at the published price for each month
Months reported
230
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
GasProduction3,053,546 Mcf$14,342,130
Total$14,342,130

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 20267,367106.413.05$22,439
Apr 20266,96898.932.87$19,996
Mar 20266,92689.753.15$21,813
Feb 20266,25763.503.75$23,466
Jan 20266,96259.138.00$55,682
Dec 20256,99556.664.41$30,871
Nov 20256,92458.593.93$27,187
Oct 20257,56159.383.30$24,988
Sep 20256,64262.743.08$20,437
Aug 20257,08863.933.01$21,369
Jul 20257,22966.743.32$23,966
Jun 20256,81966.483.13$21,335
May 20256,98360.553.23$22,571
Apr 20257,13262.363.54$25,270
Mar 20257,42167.704.27$31,675
Feb 20256,90370.884.34$29,965
Jan 20258,17474.324.28$34,974
Dec 20247,78968.993.12$24,312
Nov 20247,42969.052.20$16,332
Oct 20247,06371.372.28$16,114
Sep 20246,24269.612.36$14,758
Aug 20246,15175.632.06$12,693
Jul 20247,23279.932.15$15,524
Jun 20246,45578.082.63$17,002
May 20246,88678.812.20$15,138
Apr 20246,59484.451.66$10,941
Mar 20247,08880.301.55$10,952
Feb 20247,21276.091.78$12,864
Jan 20248,94573.023.30$29,498
Dec 20237,81171.262.61$20,392
Nov 20237,44977.892.81$20,914
Oct 20237,46585.443.09$23,047
Sep 20237,16389.042.74$19,591
Aug 20237,66380.522.67$20,482
Jul 20237,18774.852.64$18,987
Jun 20236,86368.962.26$15,500
May 20236,28970.622.23$14,008
Apr 20237,48178.122.24$16,741
Mar 20236,91672.852.39$16,551
Feb 20236,81075.112.47$16,791
Jan 20237,71876.533.39$26,146
Dec 20227,16976.415.73$41,072
Nov 20226,94585.005.65$39,213
Oct 20227,14887.185.86$41,914
Sep 20226,60484.888.16$53,913
Aug 20227,49694.529.13$68,417
Jul 20227,263101.587.54$54,778
Jun 20227,712115.097.98$61,520
May 20227,967109.378.43$67,186
Apr 20227,703104.226.84$52,670
Mar 20227,507108.885.08$38,109
Feb 20227,68391.054.86$37,330
Jan 20225,19381.844.54$23,564
Dec 20214,59371.323.90$17,909
Nov 20214,92977.435.24$25,812
Oct 20215,13379.795.71$29,329
Sep 20215,07769.865.35$27,167
Aug 20214,98666.024.22$21,044
Jul 20215,35670.783.98$21,328
Jun 20217,09269.493.38$23,975
May 20216,86763.483.02$20,722
Apr 20214,33160.362.76$11,947
Mar 20214,85561.302.72$13,191
Feb 20215,62257.805.55$31,191
Jan 20216,76550.412.81$19,011
Dec 20206,69744.642.68$17,918
Nov 20206,44738.772.71$17,449
Oct 20206,66736.972.48$16,524
Sep 20206,32937.091.99$12,601
Aug 20206,80639.982.39$16,233
Jul 20206,35538.371.83$11,599
Jun 20206,78034.901.69$11,460
May 20207,49916.921.81$13,609
Apr 20207,12114.751.80$12,849
Mar 20207,58930.341.86$14,087
Feb 20206,83549.881.98$13,538
Jan 20207,94657.252.09$16,645
Dec 20197,92859.012.30$18,269
Nov 20197,87755.302.75$21,667
Oct 20197,44953.472.42$18,016
Sep 20197,50055.052.66$19,930
Aug 20197,86753.112.30$18,128
Jul 20197,29156.272.46$17,936
Jun 20197,42452.782.49$18,495
May 20196,75858.482.74$18,519
Apr 20198,58762.632.75$23,620
Mar 20197,87856.803.06$24,123
Feb 20197,46850.852.79$20,852
Jan 20198,07746.033.23$26,074
Dec 20188,23246.594.19$34,455
Nov 20187,65852.934.24$32,449
Oct 20184,99261.443.40$16,963
Sep 20185,86659.543.11$18,232
Aug 20188,59059.403.07$26,342
Jul 201811,36665.142.93$33,324
Jun 20188,89560.183.08$27,369
May 20189,85665.382.90$28,590
Apr 20188,79463.842.90$25,510
Mar 20187,54961.222.79$21,038
Feb 20188,30161.782.77$22,962
Jan 201810,52962.874.01$42,214
Dec 20177,44957.272.92$21,762
Nov 20179,94555.423.12$31,012
Oct 20178,69649.292.98$25,946
Sep 201710,94947.523.09$33,803
Aug 201713,27545.373.00$39,883
Jul 201714,84843.873.09$45,840
Jun 201712,93842.493.09$39,943
May 201716,46745.373.26$53,738
Apr 201712,49747.933.21$40,135
Mar 201713,79246.772.98$41,151
Feb 201712,54450.452.95$37,037
Jan 201712,15149.413.42$41,542
Dec 201612,85648.763.72$47,861
Nov 201613,27642.492.64$35,106
Oct 201613,18646.193.09$40,748
Sep 201612,59141.553.10$39,040
Aug 201613,70441.442.92$40,075
Jul 201614,41641.622.92$42,157
Jun 201611,67445.352.69$31,354
May 201614,10642.521.99$28,086
Apr 201610,02436.561.99$19,958
Mar 201612,99533.011.79$23,313
Feb 201613,78526.472.06$28,447
Jan 201614,47327.352.36$34,219
Dec 201514,52032.362.00$29,060
Nov 201515,19338.792.17$32,928
Oct 201515,78243.552.43$38,296
Sep 201510,34842.992.76$28,544
Aug 20159,25940.162.87$26,596
Jul 20156,77948.152.95$19,965
Jun 20159,14156.152.88$26,352
May 201510,11455.212.96$29,891
Apr 20159,84349.822.71$26,641
Mar 20159,54942.892.93$28,024
Feb 20159,58044.662.98$28,512
Jan 201511,38743.433.10$35,307
Dec 201413,35754.693.59$47,970
Nov 201412,17970.464.25$51,783
Oct 201410,88178.303.90$42,446
Sep 201410,62886.164.05$42,995
Aug 201411,26489.394.04$45,452
Jul 201411,10396.564.18$46,406
Jun 201411,29598.164.74$53,503
May 201411,85694.734.73$56,038
Apr 201412,12995.944.81$58,330
Mar 201413,36595.895.06$67,584
Feb 201411,07597.406.19$68,576
Jan 201416,18290.404.86$78,656
Dec 201317,33791.824.35$75,494
Nov 201316,33488.853.74$61,061
Oct 201316,92097.423.78$63,947
Sep 201316,144104.113.72$60,019
Aug 201317,244104.253.52$60,744
Jul 201316,472102.523.72$61,239
Jun 201316,81194.403.93$66,125
May 201318,04794.834.15$74,878
Apr 201317,35993.964.28$74,341
Mar 201316,49093.623.91$64,523
Feb 201311,00491.233.42$37,633
Jan 20137,77891.603.42$26,600
Dec 2012086.773.42$0
Nov 20123,50586.953.62$12,705
Oct 20123,71889.383.40$12,640
Sep 20121,11694.672.92$3,257
Aug 20123,68092.662.91$10,702
Jul 201289185.133.02$2,692
Jun 2012079.822.52$0
May 20122,37091.612.49$5,897
Apr 201212,443101.652.00$24,846
Mar 201211,098105.052.22$24,661
Feb 201210,776101.102.57$27,697
Jan 201211,92898.092.73$32,612
Dec 201112,00296.873.24$38,883
Nov 201111,54695.723.31$38,232
Oct 201113,72784.983.65$50,084
Sep 201112,08683.623.99$48,172
Aug 201113,02183.404.15$54,028
Jul 201115,21494.144.52$68,725
Jun 201114,97892.904.64$69,496
May 201117,94798.134.40$79,053
Apr 201116,704105.964.33$72,383
Mar 201118,15696.364.06$73,665
Feb 201116,02185.644.18$66,967
Jan 201118,70086.504.59$85,810
Dec 201018,90585.734.35$82,194
Nov 201018,04280.843.80$68,475
Oct 201022,44278.103.51$78,747
Sep 201015,02072.633.98$59,772
Aug 201017,44673.684.42$77,100
Jul 201019,23572.554.74$91,106
Jun 201017,77870.364.91$87,297
May 201018,61171.124.24$78,822
Apr 201017,57481.694.12$72,452
Mar 201016,15478.394.39$70,895
Feb 201015,67173.585.44$85,287
Jan 201018,23974.365.96$108,779
Dec 200919,45371.445.48$106,675
Nov 200919,48674.593.75$73,102
Oct 200921,83672.544.11$89,751
Sep 200921,68565.543.06$66,459
Aug 200923,67267.423.22$76,188
Jul 200924,82061.133.46$85,989
Jun 200925,60666.163.90$99,735
May 200931,76054.743.93$124,682
Apr 200936,13446.773.59$129,631
Mar 200917,98042.144.06$72,981
Feb 200915,69532.814.63$72,715
Jan 200922,73835.865.37$122,126
Dec 200829,19237.105.98$174,485
Nov 200837,64255.496.86$258,238
Oct 200847,01175.246.92$325,409
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20084,403131.3313.03$57,383
May 200832,686123.1711.57$378,317
Apr 200833,716110.3110.45$352,496
Mar 200835,459101.909.66$342,678
Feb 200834,45592.538.77$302,190
Jan 200838,57390.388.21$316,520
Dec 200743,84488.337.30$320,148
Nov 200747,50991.677.29$346,421
Oct 200754,89082.856.92$379,947
Sep 200756,35375.846.24$351,877
Aug 200766,42069.066.39$424,287
Jul 200776,12170.906.39$486,256
Jun 200784,09462.007.55$634,779
May 2007105,83558.747.85$830,411
Apr 200729759.617.81$2,318

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                7,367 Mcf  × $  3.05 =    $22,439

────────────────────────────────────────────────────
Month total                                  $22,439

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/228511 is the state's own key, not one this site invented.