DOWNING, WINONA GU

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 231253District 09Field 65280200GasSaveExport
Value, all time
$14.3 M
May 2007 – May 2026
Value, last 12 filed months
$201 k
at the published price for each month
Months reported
229
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
GasProduction2,874,935 Mcf$14,299,259
Total$14,299,259

Every month this lease reported (229)

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

229 months

May 20264,455106.413.05$13,569
Apr 20264,30398.932.87$12,348
Mar 20264,47489.753.15$14,091
Feb 20264,07763.503.75$15,290
Jan 20264,55159.138.00$36,399
Dec 20254,51956.664.41$19,944
Nov 20254,35458.593.93$17,096
Oct 20254,67959.383.30$15,463
Sep 20254,50462.743.08$13,858
Aug 20254,56263.933.01$13,753
Jul 20254,65966.743.32$15,446
Jun 20254,32866.483.13$13,541
May 20254,62660.553.23$14,953
Apr 20254,54362.363.54$16,096
Mar 20254,67067.704.27$19,933
Feb 20254,26770.884.34$18,522
Jan 20254,85274.324.28$20,760
Dec 20244,52068.993.12$14,109
Nov 20244,53269.052.20$9,963
Oct 20244,96071.372.28$11,316
Sep 20244,82569.612.36$11,408
Aug 20244,97375.632.06$10,262
Jul 20245,00579.932.15$10,744
Jun 20244,33078.082.63$11,405
May 20244,90878.812.20$10,790
Apr 20245,08484.451.66$8,435
Mar 20244,97280.301.55$7,682
Feb 20244,83376.091.78$8,620
Jan 20245,10273.023.30$16,825
Dec 20235,97671.262.61$15,602
Nov 20233,54077.892.81$9,939
Oct 20233,93385.443.09$12,142
Sep 20235,32089.042.74$14,550
Aug 20235,48980.522.67$14,671
Jul 20235,48574.852.64$14,490
Jun 20235,41868.962.26$12,236
May 20235,57570.622.23$12,418
Apr 20235,60578.122.24$12,543
Mar 20235,24472.852.39$12,550
Feb 20235,07675.112.47$12,516
Jan 20235,55076.533.39$18,802
Dec 20224,49976.415.73$25,775
Nov 20225,23685.005.65$29,564
Oct 20225,31187.185.86$31,142
Sep 20225,32884.888.16$43,496
Aug 20225,95694.529.13$54,361
Jul 20225,892101.587.54$44,438
Jun 20225,783115.097.98$46,132
May 20226,076109.378.43$51,239
Apr 20225,901104.226.84$40,349
Mar 20226,073108.885.08$30,829
Feb 20224,97191.054.86$24,153
Jan 20226,41181.844.54$29,091
Dec 20216,51471.323.90$25,399
Nov 20216,45877.435.24$33,820
Oct 20216,60779.795.71$37,752
Sep 20216,47569.865.35$34,647
Aug 20216,70666.024.22$28,303
Jul 20217,00470.783.98$27,890
Jun 20216,41269.493.38$21,677
May 20216,49263.483.02$19,591
Apr 20216,34760.362.76$17,508
Mar 20216,62661.302.72$18,002
Feb 20214,52957.805.55$25,127
Jan 20215,93350.412.81$16,673
Dec 20206,57144.642.68$17,580
Nov 20206,10138.772.71$16,513
Oct 20206,09236.972.48$15,099
Sep 20206,52737.091.99$12,996
Aug 20206,74639.982.39$16,090
Jul 20206,91438.371.83$12,619
Jun 20205,94034.901.69$10,040
May 20206,19616.921.81$11,244
Apr 20205,88914.751.80$10,626
Mar 20205,67430.341.86$10,532
Feb 20205,00149.881.98$9,905
Jan 20205,43757.252.09$11,389
Dec 20195,83959.012.30$13,455
Nov 20196,20555.302.75$17,068
Oct 20196,42253.472.42$15,532
Sep 20196,55655.052.66$17,421
Aug 20196,78053.112.30$15,624
Jul 20196,17956.272.46$15,201
Jun 20195,46852.782.49$13,622
May 20195,81358.482.74$15,929
Apr 20195,73562.632.75$15,775
Mar 20196,43456.803.06$19,702
Feb 20196,06950.852.79$16,946
Jan 20196,28146.033.23$20,276
Dec 20186,08746.594.19$25,477
Nov 20185,73052.934.24$24,279
Oct 20186,11161.443.40$20,766
Sep 20185,80159.543.11$18,030
Aug 20185,97959.403.07$18,335
Jul 20186,15365.142.93$18,040
Jun 20185,85460.183.08$18,012
May 20185,86765.382.90$17,019
Apr 20186,56963.842.90$19,055
Mar 20186,41461.222.79$17,875
Feb 20187,06561.782.77$19,543
Jan 20188,66562.874.01$34,741
Dec 20177,86857.272.92$22,987
Nov 20178,00655.423.12$24,966
Oct 20176,60449.292.98$19,704
Sep 20177,67847.523.09$23,704
Aug 20178,63245.373.00$25,934
Jul 20178,79943.873.09$27,165
Jun 20178,41242.493.09$25,970
May 20178,97445.373.26$29,286
Apr 20178,90747.933.21$28,606
Mar 20179,52346.772.98$28,414
Feb 20178,83050.452.95$26,071
Jan 20179,72949.413.42$33,262
Dec 20169,57148.763.72$35,631
Nov 20169,76342.492.64$25,817
Oct 201610,18446.193.09$31,471
Sep 201610,39041.553.10$32,216
Aug 201610,58241.442.92$30,945
Jul 201610,66641.622.92$31,191
Jun 201610,17145.352.69$27,318
May 201611,13142.521.99$22,162
Apr 201610,99536.561.99$21,891
Mar 201611,77233.011.79$21,119
Feb 201611,19926.472.06$23,111
Jan 201612,44927.352.36$29,434
Dec 201513,02932.362.00$26,076
Nov 201513,44338.792.17$29,135
Oct 201512,26843.552.43$29,769
Sep 20158,48742.992.76$23,411
Aug 20159,03340.162.87$25,947
Jul 20159,29448.152.95$27,372
Jun 20158,43756.152.88$24,323
May 20159,16755.212.96$27,093
Apr 20158,91149.822.71$24,118
Mar 20159,54542.892.93$28,012
Feb 20158,55244.662.98$25,452
Jan 20159,32743.433.10$28,920
Dec 20149,54554.693.59$34,280
Nov 20149,19070.464.25$39,074
Oct 20149,90678.303.90$38,643
Sep 20149,74886.164.05$39,435
Aug 201410,01189.394.04$40,396
Jul 201410,18096.564.18$42,548
Jun 201410,01998.164.74$47,459
May 201410,48794.734.73$49,567
Apr 201410,31495.944.81$49,601
Mar 201410,20895.895.06$51,620
Feb 20148,92097.406.19$55,233
Jan 201410,25690.404.86$49,852
Dec 201311,04191.824.35$48,078
Nov 201310,88388.853.74$40,684
Oct 201311,69997.423.78$44,215
Sep 201310,760104.113.72$40,003
Aug 201311,040104.253.52$38,890
Jul 201310,853102.523.72$40,349
Jun 201310,77994.403.93$42,398
May 201311,52594.834.15$47,818
Apr 201311,52093.964.28$49,335
Mar 201312,14393.623.91$47,514
Feb 201311,56691.233.42$39,555
Jan 201313,03091.603.42$44,561
Dec 201212,38786.773.42$42,366
Nov 201211,84986.953.62$42,952
Oct 201211,95789.383.40$40,650
Sep 201211,88494.672.92$34,682
Aug 201212,07092.662.91$35,101
Jul 201211,89485.133.02$35,929
Jun 201212,37479.822.52$31,171
May 201213,69391.612.49$34,073
Apr 201212,810101.652.00$25,579
Mar 201213,059105.052.22$29,018
Feb 201212,925101.102.57$33,220
Jan 201213,99798.092.73$38,269
Dec 201114,01496.873.24$45,402
Nov 201113,75595.723.31$45,547
Oct 201113,84784.983.65$50,521
Sep 201113,71983.623.99$54,681
Aug 201114,18883.404.15$58,871
Jul 201114,54094.144.52$65,681
Jun 201113,76792.904.64$63,877
May 201114,91798.134.40$65,707
Apr 201114,862105.964.33$64,401
Mar 201116,47996.364.06$66,861
Feb 201115,27385.644.18$63,841
Jan 201118,39686.504.59$84,415
Dec 201017,68485.734.35$76,886
Nov 201017,53480.843.80$66,547
Oct 201019,53878.103.51$68,557
Sep 201019,64072.633.98$78,157
Aug 201018,71673.684.42$82,713
Jul 20108,02172.554.74$37,991
Jun 201013,92770.364.91$68,387
May 201022,87071.124.24$96,859
Apr 201024,21381.694.12$99,823
Mar 201025,39878.394.39$111,463
Feb 201021,90473.585.44$119,209
Jan 201020,40474.365.96$121,691
Dec 200910,49571.445.48$57,552
Nov 200919,49274.593.75$73,124
Oct 200919,76372.544.11$81,231
Sep 200920,14665.543.06$61,742
Aug 200921,14867.423.22$68,065
Jul 200922,79561.133.46$78,973
Jun 200922,20266.163.90$86,477
May 200923,81154.743.93$93,476
Apr 200922,34846.773.59$80,173
Mar 200922,74642.144.06$92,326
Feb 200921,97932.814.63$101,829
Jan 200924,64835.865.37$132,384
Dec 200825,62237.105.98$153,146
Nov 200826,38555.496.86$181,011
Oct 200828,06575.246.92$194,265
Sep 200828,144101.767.88$221,693
Aug 200829,694114.228.48$251,895
Jul 200831,710131.0811.39$361,159
Jun 200832,000131.3313.03$417,044
May 200836,034123.1711.57$417,068
Apr 200837,051110.3110.45$387,363
Mar 200841,426101.909.66$400,344
Feb 200840,04492.538.77$351,209
Jan 200839,19990.388.21$321,656
Dec 200744,91788.337.30$327,983
Nov 200753,82391.677.29$392,461
Oct 200754,68382.856.92$378,515
Sep 200754,48675.846.24$340,219
Aug 200773,79769.066.39$471,411
Jul 200779,98670.906.39$510,946
Jun 200795,57062.007.55$721,405
May 200742,88858.747.85$336,511

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                4,455 Mcf  × $  3.05 =    $13,569

────────────────────────────────────────────────────
Month total                                  $13,569

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/231253 is the state's own key, not one this site invented.