SOUTHERN BAPTIST

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 231639District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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
GasProduction652,878 Mcf$3,210,731
Total$3,210,731

Every month this lease reported (227)

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

227 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 20233672.852.39$86
Feb 20232775.112.47$67
Jan 20234776.533.39$159
Dec 20224776.415.73$269
Nov 20227985.005.65$446
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20221104.226.84$7
Mar 20221108.885.08$5
Feb 2022191.054.86$5
Jan 2022481.844.54$18
Dec 2021571.323.90$20
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 20215669.493.38$189
May 20217463.483.02$223
Apr 20215660.362.76$154
Mar 20215361.302.72$144
Feb 20217357.805.55$405
Jan 20218450.412.81$236
Dec 20207944.642.68$211
Nov 20208038.772.71$217
Oct 20208036.972.48$198
Sep 20206837.091.99$135
Aug 20206939.982.39$165
Jul 20206738.371.83$122
Jun 20206534.901.69$110
May 20206016.921.81$109
Apr 202045114.751.80$814
Mar 202041030.341.86$761
Feb 202056449.881.98$1,117
Jan 20201,70457.252.09$3,569
Dec 20191,86059.012.30$4,286
Nov 20192,69755.302.75$7,419
Oct 20192,16853.472.42$5,243
Sep 20195855.052.66$154
Aug 20192153.112.30$48
Jul 20191,70156.272.46$4,185
Jun 201983852.782.49$2,088
May 20191,87458.482.74$5,135
Apr 201927262.632.75$748
Mar 20191,54656.803.06$4,734
Feb 201990150.852.79$2,516
Jan 20192,00746.033.23$6,479
Dec 20182,07746.594.19$8,693
Nov 20182,04052.934.24$8,644
Oct 20182,11161.443.40$7,173
Sep 20182,16459.543.11$6,726
Aug 20182,11059.403.07$6,470
Jul 20182,02065.142.93$5,922
Jun 20182,08060.183.08$6,400
May 20182,62765.382.90$7,620
Apr 20182,59763.842.90$7,533
Mar 20182,95761.222.79$8,241
Feb 20182,34061.782.77$6,473
Jan 20182,49862.874.01$10,015
Dec 20172,35457.272.92$6,877
Nov 20172,68555.423.12$8,373
Oct 20172,87349.292.98$8,572
Sep 20172,73647.523.09$8,447
Aug 20172,86745.373.00$8,614
Jul 20172,99143.873.09$9,234
Jun 20172,79242.493.09$8,620
May 20173,07145.373.26$10,022
Apr 20173,03447.933.21$9,744
Mar 20173,32646.772.98$9,924
Feb 20172,79450.452.95$8,250
Jan 20172,20149.413.42$7,525
Dec 20165948.763.72$220
Nov 20161,97742.492.64$5,228
Oct 20163,39346.193.09$10,485
Sep 20163,19141.553.10$9,894
Aug 20163,44741.442.92$10,080
Jul 20163,17041.622.92$9,270
Jun 20163,71345.352.69$9,972
May 20163,72742.521.99$7,421
Apr 20163,72536.561.99$7,417
Mar 20163,91833.011.79$7,029
Feb 20163,10326.472.06$6,403
Jan 20163,73027.352.36$8,819
Dec 20153,81232.362.00$7,629
Nov 20153,55938.792.17$7,714
Oct 20154,20043.552.43$10,192
Sep 20152,97642.992.76$8,209
Aug 20152,16540.162.87$6,219
Jul 20152,36448.152.95$6,962
Jun 20152,67256.152.88$7,703
May 20152,95255.212.96$8,724
Apr 20152,89949.822.71$7,846
Mar 20153,11442.892.93$9,139
Feb 20152,20844.662.98$6,571
Jan 20152,80843.433.10$8,707
Dec 20143,00854.693.59$10,803
Nov 20142,26070.464.25$9,609
Oct 20143,01078.303.90$11,742
Sep 20143,67986.164.05$14,883
Aug 20143,44589.394.04$13,901
Jul 20143,53996.564.18$14,792
Jun 20143,52898.164.74$16,712
May 20143,83594.734.73$18,126
Apr 20143,80695.944.81$18,304
Mar 20143,52695.895.06$17,830
Feb 20143,30197.406.19$20,440
Jan 20143,35690.404.86$16,313
Dec 20133,69791.824.35$16,099
Nov 20133,80588.853.74$14,224
Oct 20133,60697.423.78$13,628
Sep 20133,417104.113.72$12,704
Aug 20133,354104.253.52$11,815
Jul 20132,937102.523.72$10,919
Jun 20133,40794.403.93$13,401
May 20132,37294.834.15$9,842
Apr 20133,62093.964.28$15,503
Mar 20133,81593.623.91$14,928
Feb 20133,34691.233.42$11,443
Jan 20134,43591.603.42$15,167
Dec 20124,17986.773.42$14,293
Nov 20123,60586.953.62$13,068
Oct 20123,37189.383.40$11,460
Sep 20123,26594.672.92$9,529
Aug 20123,26492.662.91$9,492
Jul 20122,43385.133.02$7,350
Jun 20122,97179.822.52$7,484
May 20123,47891.612.49$8,654
Apr 20123,351101.652.00$6,691
Mar 20123,371105.052.22$7,491
Feb 20123,297101.102.57$8,474
Jan 20124,30098.092.73$11,757
Dec 20114,78996.873.24$15,515
Nov 20113,86295.723.31$12,788
Oct 20114,33984.983.65$15,831
Sep 20114,01983.623.99$16,019
Aug 20113,85883.404.15$16,008
Jul 20114,28394.144.52$19,347
Jun 20113,91092.904.64$18,142
May 20114,56098.134.40$20,086
Apr 20112,422105.964.33$10,495
Mar 20113,33896.364.06$13,543
Feb 20113,41885.644.18$14,287
Jan 20113,12186.504.59$14,322
Dec 20102,80185.734.35$12,178
Nov 20103,97780.843.80$15,094
Oct 20104,94578.103.51$17,351
Sep 20104,23372.633.98$16,845
Aug 20102,50373.684.42$11,062
Jul 20103,72472.554.74$17,639
Jun 20105,26670.364.91$25,858
May 20105,64671.124.24$23,912
Apr 20104,28681.694.12$17,670
Mar 20102,75178.394.39$12,073
Feb 20102,32073.585.44$12,626
Jan 20102,82174.365.96$16,825
Dec 20093,97371.445.48$21,787
Nov 20094,89774.593.75$18,371
Oct 20095,78872.544.11$23,790
Sep 20095,89965.543.06$18,079
Aug 20095,78467.423.22$18,616
Jul 20096,95261.133.46$24,085
Jun 20094,46166.163.90$17,376
May 20095,01254.743.93$19,676
Apr 20096,07646.773.59$21,798
Mar 20095,66242.144.06$22,982
Feb 20095,60032.814.63$25,945
Jan 20095,63135.865.37$30,244
Dec 20085,15737.105.98$30,824
Nov 20085,90855.496.86$40,531
Oct 20087,05575.246.92$48,835
Sep 20087,204101.767.88$56,747
Aug 20088,097114.228.48$68,687
Jul 20088,290131.0811.39$94,418
Jun 20083,749131.3313.03$48,859
May 20080123.1711.57$0
Apr 20086,659110.3110.45$69,619
Mar 200817,450101.909.66$168,638
Feb 200814,34892.538.77$125,840
Jan 200810,95290.388.21$89,869
Dec 200714,39388.337.30$105,097
Nov 200716,57291.677.29$120,838
Oct 200722,06482.856.92$152,727
Sep 200724,92475.846.24$155,629
Aug 200733,20569.066.39$212,112
Jul 200712,42470.906.39$79,364

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.

Mar 2023 — as filed, then multipliedworked
Gas                   36 Mcf  × $  2.39 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/231639 is the state's own key, not one this site invented.