BARKER-SIMPSON

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 231257District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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
CondensateDisposition747 bbl$55,189
GasProduction1,371,358 Mcf$6,406,729
Total$6,461,918

Every month this lease reported (228)

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

228 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023051471.262.61$1,342
Nov 202301,60477.892.81$4,503
Oct 202302,11585.443.09$6,530
Sep 2023083689.042.74$2,286
Aug 2023084680.522.67$2,261
Jul 202301,57574.852.64$4,161
Jun 202301,78568.962.26$4,031
May 202302,52070.622.23$5,613
Apr 202302,57978.122.24$5,771
Mar 202302,53872.852.39$6,074
Feb 202302,37375.112.47$5,851
Jan 202302,72276.533.39$9,221
Dec 202202,84976.415.73$16,322
Nov 202202,68785.005.65$15,171
Oct 202202,63987.185.86$15,474
Sep 202201,66184.888.16$13,560
Aug 202202,10194.529.13$19,176
Jul 202202,511101.587.54$18,938
Jun 202202,490115.097.98$19,863
May 202202,549109.378.43$21,496
Apr 202202,460104.226.84$16,821
Mar 202202,615108.885.08$13,275
Feb 202202,38491.054.86$11,583
Jan 202202,58081.844.54$11,707
Dec 202102,52671.323.90$9,849
Nov 202102,61077.435.24$13,668
Oct 202102,59779.795.71$14,839
Sep 202102,54169.865.35$13,597
Aug 202102,57866.024.22$10,881
Jul 202102,60270.783.98$10,361
Jun 202103,08869.493.38$10,439
May 202103,44263.483.02$10,387
Apr 202103,65860.362.76$10,090
Mar 202103,82161.302.72$10,381
Feb 202103,33757.805.55$18,514
Jan 202103,84850.412.81$10,814
Dec 202003,40444.642.68$9,107
Nov 202003,49238.772.71$9,451
Oct 202003,92336.972.48$9,723
Sep 202003,68637.091.99$7,339
Aug 202003,65239.982.39$8,710
Jul 202003,41938.371.83$6,240
Jun 202003,82034.901.69$6,457
May 202003,49916.921.81$6,350
Apr 202003,46714.751.80$6,256
Mar 202003,37530.341.86$6,265
Feb 202003,49649.881.98$6,924
Jan 202003,78957.252.09$7,937
Dec 201903,87259.012.30$8,922
Nov 201903,79055.302.75$10,425
Oct 201903,76553.472.42$9,106
Sep 201903,61655.052.66$9,609
Aug 201903,81853.112.30$8,798
Jul 201903,00556.272.46$7,392
Jun 201903,03452.782.49$7,558
May 201903,28458.482.74$8,999
Apr 201903,12262.632.75$8,588
Mar 201903,19356.803.06$9,777
Feb 201901,96350.852.79$5,481
Jan 201902,12446.033.23$6,857
Dec 201802,73046.594.19$11,426
Nov 201803,31652.934.24$14,051
Oct 201803,63261.443.40$12,342
Sep 201803,54659.543.11$11,021
Aug 201803,93459.403.07$12,064
Jul 201803,95065.142.93$11,581
Jun 201803,89660.183.08$11,988
May 201804,41965.382.90$12,819
Apr 201804,18263.842.90$12,131
Mar 201803,68761.222.79$10,275
Feb 201803,31761.782.77$9,175
Jan 201804,02162.874.01$16,121
Dec 201704,38257.272.92$12,802
Nov 201704,26355.423.12$13,294
Oct 201702,97549.292.98$8,876
Sep 2017283,04847.523.09$10,741
Aug 201703,38445.373.00$10,167
Jul 201706,11743.873.09$18,885
Jun 201706,55342.493.09$20,231
May 201706,82545.373.26$22,273
Apr 201706,67947.933.21$21,450
Mar 201706,98846.772.98$20,850
Feb 201706,22550.452.95$18,380
Jan 201717,09749.413.42$24,313
Dec 2016547,22948.763.72$29,545
Nov 201607,04542.492.64$18,629
Oct 201607,16546.193.09$22,142
Sep 201606,70841.553.10$20,799
Aug 201607,02141.442.92$20,532
Jul 201607,09141.622.92$20,736
Jun 20161457,02045.352.69$25,430
May 201607,05342.521.99$14,043
Apr 201606,94236.561.99$13,822
Mar 201607,11933.011.79$12,772
Feb 201606,19026.472.06$12,774
Jan 201607,27927.352.36$17,210
Dec 201506,65932.362.00$13,327
Nov 201507,08338.792.17$15,351
Oct 201507,03743.552.43$17,076
Sep 201506,75642.992.76$18,636
Aug 201506,79740.162.87$19,524
Jul 201507,28148.152.95$21,443
Jun 201506,71256.152.88$19,350
May 201507,06355.212.96$20,874
Apr 201506,92149.822.71$18,732
Mar 201507,31142.892.93$21,456
Feb 201506,74444.662.98$20,071
Jan 201507,15343.433.10$22,179
Dec 201407,44654.693.59$26,741
Nov 201407,21770.464.25$30,686
Oct 201407,53878.303.90$29,405
Sep 201407,45686.164.05$30,163
Aug 201407,56089.394.04$30,506
Jul 201407,60596.564.18$31,786
Jun 201407,45298.164.74$35,299
May 201407,73994.734.73$36,579
Apr 201407,51395.944.81$36,131
Mar 201407,92995.895.06$40,095
Feb 201407,75397.406.19$48,007
Jan 201408,30090.404.86$40,344
Dec 201308,13191.824.35$35,406
Nov 201306,51688.853.74$24,359
Oct 201305,70997.423.78$21,576
Sep 201307,904104.113.72$29,385
Aug 201308,135104.253.52$28,656
Jul 201308,659102.523.72$32,192
Jun 201308,12094.403.93$31,939
May 201308,48994.834.15$35,222
Apr 201308,21693.964.28$35,186
Mar 201308,59093.623.91$33,612
Feb 201307,77991.233.42$26,603
Jan 20130091.603.42$0
Dec 201209,03886.773.42$30,911
Nov 201208,90986.953.62$32,295
Oct 201209,26289.383.40$31,488
Sep 201208,95294.672.92$26,126
Aug 201209,48492.662.91$27,581
Jul 2012010,27285.133.02$31,030
Jun 201209,94879.822.52$25,059
May 2012010,47791.612.49$26,070
Apr 201209,436101.652.00$18,842
Mar 201206,344105.052.22$14,097
Feb 201205,492101.102.57$14,116
Jan 201206,36198.092.73$17,391
Dec 201106,40496.873.24$20,747
Nov 201106,16895.723.31$20,424
Oct 201106,88784.983.65$25,127
Sep 201106,74783.623.99$26,892
Aug 201107,07583.404.15$29,356
Jul 201107,05194.144.52$31,851
Jun 201106,49092.904.64$30,113
May 201106,97798.134.40$30,732
Apr 201106,810105.964.33$29,510
Mar 201107,04196.364.06$28,568
Feb 201106,62985.644.18$27,709
Jan 201107,13586.504.59$32,741
Dec 201007,47485.734.35$32,495
Nov 201007,25380.843.80$27,528
Oct 201007,77578.103.51$27,282
Sep 201007,89672.633.98$31,422
Aug 201008,40673.684.42$37,149
Jul 201008,97872.554.74$42,524
Jun 201008,27370.364.91$40,624
May 201008,64971.124.24$36,630
Apr 20101899,18781.694.12$53,315
Mar 201009,69578.394.39$42,548
Feb 201008,38673.585.44$45,640
Jan 201009,38374.365.96$55,961
Dec 200909,13571.445.48$50,094
Nov 200909,01074.593.75$33,801
Oct 200909,40172.544.11$38,640
Sep 200907,96265.543.06$24,402
Aug 200909,93467.423.22$31,973
Jul 2009010,17961.133.46$35,265
Jun 200909,05266.163.90$35,258
May 2009010,34754.743.93$40,620
Apr 200909,94246.773.59$35,667
Mar 2009010,76842.144.06$43,707
Feb 200909,95732.814.63$46,131
Jan 2009012,44435.865.37$66,837
Dec 2008010,98537.105.98$65,659
Nov 2008011,55655.496.86$79,278
Oct 2008012,36575.246.92$85,590
Sep 2008010,226101.767.88$80,551
Aug 2008012,164114.228.48$103,187
Jul 2008014,007131.0811.39$159,532
Jun 2008014,102131.3313.03$183,786
May 2008011,994123.1711.57$138,822
Apr 2008011,280110.3110.45$117,931
Mar 2008013,778101.909.66$133,152
Feb 200818815,34892.538.77$152,007
Jan 2008020,64390.388.21$169,391
Dec 2007022,53188.337.30$164,521
Nov 2007023,98691.677.29$174,899
Oct 200714224,98582.856.92$184,710
Sep 2007024,98575.846.24$156,010
Aug 2007027,74569.066.39$177,233
Jul 2007034,53870.906.39$220,627
Jun 2007025,17562.007.55$190,032

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.

Dec 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.26 =         $0
Gas                  514 Mcf  × $  2.61 =     $1,342

────────────────────────────────────────────────────
Month total                                   $1,342

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/231257 is the state's own key, not one this site invented.