HOWARD, WILLIAM

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 230074District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.6 M
Nov 2006 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
235
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
CondensateDisposition46 bbl$3,219
GasProduction2,357,073 Mcf$10,603,329
Total$10,606,547

Every month this lease reported (235)

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

235 months

May 202604,471106.413.05$13,618
Apr 202604,34298.932.87$12,460
Mar 202604,50589.753.15$14,188
Feb 202604,21163.503.75$15,793
Jan 202604,90159.138.00$39,198
Dec 202504,61956.664.41$20,385
Nov 202514,47158.593.93$17,614
Oct 202504,73759.383.30$15,655
Sep 202524,36862.743.08$13,565
Aug 202504,46863.933.01$13,470
Jul 202524,59066.743.32$15,350
Jun 202504,18366.483.13$13,087
May 202534,16160.553.23$13,631
Apr 202523,60662.363.54$12,901
Mar 202533,77267.704.27$16,303
Feb 202533,33870.884.34$14,702
Jan 202534,11774.324.28$17,838
Dec 202474,15868.993.12$13,462
Nov 202444,10469.052.20$9,299
Oct 202404,17771.372.28$9,529
Sep 202442,96269.612.36$7,282
Aug 202454,25475.632.06$9,157
Jul 202403,18079.932.15$6,826
Jun 202423,91778.082.63$10,473
May 202404,06278.812.20$8,930
Apr 202404,04184.451.66$6,705
Mar 202404,99880.301.55$7,723
Feb 202405,52376.091.78$9,851
Jan 202406,36373.023.30$20,983
Dec 202325,91271.262.61$15,577
Nov 202305,63277.892.81$15,812
Oct 202305,91485.443.09$18,258
Sep 202305,80189.042.74$15,866
Aug 202336,11280.522.67$16,578
Jul 202306,04174.852.64$15,959
Jun 202306,61168.962.26$14,931
May 202308,89570.622.23$19,813
Apr 202305,89478.122.24$13,189
Mar 202305,97572.852.39$14,299
Feb 202305,35375.112.47$13,199
Jan 202305,95876.533.39$20,184
Dec 202205,98776.415.73$34,300
Nov 202205,70685.005.65$32,217
Oct 202205,98487.185.86$35,089
Sep 202205,84584.888.16$47,717
Aug 202205,94794.529.13$54,279
Jul 202206,147101.587.54$46,361
Jun 202205,876115.097.98$46,874
May 202206,078109.378.43$51,256
Apr 202205,894104.226.84$40,301
Mar 202206,062108.885.08$30,773
Feb 202205,62991.054.86$27,350
Jan 202206,30881.844.54$28,624
Dec 202106,26671.323.90$24,432
Nov 202106,06377.435.24$31,751
Oct 202106,26779.795.71$35,809
Sep 202106,17269.865.35$33,026
Aug 202106,54666.024.22$27,628
Jul 202106,43070.783.98$25,605
Jun 202105,86969.493.38$19,841
May 202106,27963.483.02$18,948
Apr 202106,19760.362.76$17,094
Mar 202106,16361.302.72$16,745
Feb 202105,87657.805.55$32,600
Jan 202106,05350.412.81$17,011
Dec 202006,40544.642.68$17,136
Nov 202006,31638.772.71$17,095
Oct 202006,62836.972.48$16,427
Sep 202006,45337.091.99$12,848
Aug 202006,66539.982.39$15,897
Jul 202006,91938.371.83$12,628
Jun 202006,36634.901.69$10,761
May 202006,41016.921.81$11,633
Apr 202006,91814.751.80$12,483
Mar 202007,24330.341.86$13,445
Feb 202006,68649.881.98$13,243
Jan 202006,50357.252.09$13,622
Dec 201906,32559.012.30$14,575
Nov 201906,79855.302.75$18,699
Oct 201906,92353.472.42$16,744
Sep 201907,21155.052.66$19,162
Aug 201907,28753.112.30$16,792
Jul 201907,11756.272.46$17,508
Jun 201906,84452.782.49$17,050
May 201905,65158.482.74$15,486
Apr 201906,06362.632.75$16,677
Mar 201908,01756.803.06$24,549
Feb 201907,76850.852.79$21,690
Jan 201908,25546.033.23$26,649
Dec 201808,11846.594.19$33,977
Nov 201805,38152.934.24$22,801
Oct 201807,33861.443.40$24,935
Sep 201807,22959.543.11$22,468
Aug 201807,84759.403.07$24,063
Jul 201807,83265.142.93$22,962
Jun 201807,87560.183.08$24,231
May 201808,59865.382.90$24,941
Apr 201807,84463.842.90$22,754
Mar 201808,68761.222.79$24,209
Feb 201807,91161.782.77$21,883
Jan 201808,81862.874.01$35,354
Dec 201708,46857.272.92$24,739
Nov 201707,97955.423.12$24,881
Oct 201708,16249.292.98$24,353
Sep 201707,54647.523.09$23,297
Aug 201709,85545.373.00$29,608
Jul 201709,73643.873.09$30,058
Jun 201709,41942.493.09$29,079
May 2017010,31145.373.26$33,649
Apr 201708,81247.933.21$28,301
Mar 201707,74746.772.98$23,115
Feb 201706,04450.452.95$17,846
Jan 201706,16649.413.42$21,080
Dec 201607,70548.763.72$28,684
Nov 201605,85742.492.64$15,488
Oct 201606,55046.193.09$20,241
Sep 201608,19141.553.10$25,397
Aug 201608,73941.442.92$25,556
Jul 201609,41341.622.92$27,527
Jun 201609,58945.352.69$25,754
May 201609,86242.521.99$19,636
Apr 201608,77636.561.99$17,473
Mar 201609,03033.011.79$16,200
Feb 201607,60826.472.06$15,700
Jan 201608,84727.352.36$20,917
Dec 201508,73432.362.00$17,480
Nov 201507,65438.792.17$16,589
Oct 201507,28343.552.43$17,673
Sep 201508,34942.992.76$23,030
Aug 201507,96740.162.87$22,885
Jul 201509,32448.152.95$27,460
Jun 201507,71556.152.88$22,241
May 201509,39055.212.96$27,752
Apr 201508,60249.822.71$23,282
Mar 201508,88942.892.93$26,087
Feb 201506,63644.662.98$19,750
Jan 201506,47343.433.10$20,070
Dec 2014010,00054.693.59$35,914
Nov 201408,81070.464.25$37,459
Oct 201408,82578.303.90$34,426
Sep 201408,56486.164.05$34,645
Aug 201409,24089.394.04$37,285
Jul 201409,83096.564.18$41,085
Jun 201407,83698.164.74$37,118
May 2014011,00094.734.73$51,992
Apr 2014010,16995.944.81$48,904
Mar 201409,29695.895.06$47,008
Feb 201409,43997.406.19$58,446
Jan 2014012,12290.404.86$58,922
Dec 2013014,99391.824.35$65,287
Nov 2013012,54088.853.74$46,878
Oct 2013012,62097.423.78$47,696
Sep 2013012,932104.113.72$48,078
Aug 2013013,577104.253.52$47,826
Jul 2013013,523102.523.72$50,275
Jun 2013013,33994.403.93$52,468
May 2013013,82194.834.15$57,344
Apr 2013013,04893.964.28$55,879
Mar 2013013,52993.623.91$52,937
Feb 2013012,32291.233.42$42,140
Jan 2013012,32591.603.42$42,150
Dec 2012013,10886.773.42$44,831
Nov 2012013,01686.953.62$47,182
Oct 2012013,52789.383.40$45,987
Sep 2012014,18994.672.92$41,409
Aug 2012014,62192.662.91$42,520
Jul 2012016,18185.133.02$48,880
Jun 2012015,17879.822.52$38,234
May 2012015,82991.612.49$39,388
Apr 2012015,596101.652.00$31,142
Mar 2012015,214105.052.22$33,807
Feb 2012011,734101.102.57$30,159
Jan 2012017,01698.092.73$46,523
Dec 2011020,40096.873.24$66,091
Nov 2011018,93195.723.31$62,686
Oct 201103,08784.983.65$11,263
Sep 2011022,10983.623.99$88,122
Aug 2011027,21583.404.15$112,924
Jul 2011030,50494.144.52$137,794
Jun 2011030,86992.904.64$143,228
May 201109,67798.134.40$42,625
Apr 201100105.964.33$0
Mar 2011011696.364.06$471
Feb 201108,20785.644.18$34,305
Jan 201109,58986.504.59$44,002
Dec 2010010,13285.734.35$44,051
Nov 2010010,17680.843.80$38,621
Oct 2010010,33578.103.51$36,264
Sep 2010010,33572.633.98$41,128
Aug 2010010,91173.684.42$48,220
Jul 2010010,74072.554.74$50,870
Jun 2010010,60570.364.91$52,075
May 2010010,71971.124.24$45,397
Apr 2010011,50481.694.12$47,427
Mar 2010012,49378.394.39$54,828
Feb 2010010,78473.585.44$58,690
Jan 2010012,26174.365.96$73,126
Dec 2009013,72371.445.48$75,254
Nov 2009011,89074.593.75$44,605
Oct 2009013,07772.544.11$53,750
Sep 2009012,27665.543.06$37,623
Aug 2009012,75367.423.22$41,046
Jul 2009013,97361.133.46$48,409
Jun 2009013,12566.163.90$51,122
May 2009014,24454.743.93$55,918
Apr 2009013,63946.773.59$48,930
Mar 2009013,28042.144.06$53,904
Feb 2009011,96232.814.63$55,420
Jan 2009014,71935.865.37$79,056
Dec 2008014,01437.105.98$83,764
Nov 2008014,88455.496.86$102,110
Oct 2008016,63475.246.92$115,140
Sep 2008012,979101.767.88$102,237
Aug 2008014,361114.228.48$121,825
Jul 2008010,277131.0811.39$117,049
Jun 200806,995131.3313.03$91,163
May 200807,312123.1711.57$84,631
Apr 2008011,794110.3110.45$123,305
Mar 2008016,647101.909.66$160,878
Feb 2008013,33892.538.77$116,982
Jan 2008013,91590.388.21$114,183
Dec 2007012,79788.337.30$93,443
Nov 2007015,10491.677.29$110,134
Oct 2007018,23382.856.92$126,208
Sep 2007018,43175.846.24$115,086
Aug 2007022,40269.066.39$143,103
Jul 2007023,97870.906.39$153,170
Jun 2007023,47962.007.55$177,230
May 2007026,12158.747.85$204,953
Apr 2007028,50259.617.81$222,464
Mar 2007032,81656.927.30$239,621
Feb 2007034,75555.108.22$285,547
Jan 2007044,46050.306.73$299,076
Dec 2006059,89656.656.92$414,387
Nov 2006024,66254.207.62$187,862

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                4,471 Mcf  × $  3.05 =    $13,618

────────────────────────────────────────────────────
Month total                                  $13,618

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/230074 is the state's own key, not one this site invented.