BENNETT, DONALD

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 231835District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
226
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
CondensateDisposition7 bbl$549
GasProduction1,404,270 Mcf$6,407,346
Total$6,407,895

Every month this lease reported (226)

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

226 months

May 202603,112106.413.05$9,479
Apr 202602,95998.932.87$8,492
Mar 202603,13189.753.15$9,861
Feb 202602,89563.503.75$10,857
Jan 202603,25159.138.00$26,001
Dec 202503,16156.664.41$13,951
Nov 202502,91258.593.93$11,434
Oct 202503,19459.383.30$10,556
Sep 202503,11862.743.08$9,594
Aug 202503,25963.933.01$9,825
Jul 202503,26166.743.32$10,811
Jun 202503,06066.483.13$9,574
May 202503,19660.553.23$10,330
Apr 202502,83462.363.54$10,041
Mar 202503,22967.704.27$13,782
Feb 202502,97370.884.34$12,905
Jan 202503,39374.324.28$14,518
Dec 202403,28968.993.12$10,266
Nov 202403,24469.052.20$7,132
Oct 202403,43071.372.28$7,825
Sep 202403,32969.612.36$7,871
Aug 202403,33075.632.06$6,872
Jul 202403,32079.932.15$7,127
Jun 202403,39278.082.63$8,934
May 202403,26778.812.20$7,182
Apr 202403,43584.451.66$5,699
Mar 202403,51480.301.55$5,430
Feb 202403,33476.091.78$5,947
Jan 202403,63973.023.30$12,000
Dec 202303,52771.262.61$9,208
Nov 202303,48577.892.81$9,784
Oct 202323,36885.443.09$10,569
Sep 202313,18989.042.74$8,811
Aug 202303,08780.522.67$8,251
Jul 202323,20674.852.64$8,619
Jun 202312,89668.962.26$6,610
May 202312,45470.622.23$5,537
Apr 202302,57378.122.24$5,758
Mar 202303,34672.852.39$8,008
Feb 202303,22875.112.47$7,959
Jan 202303,46076.533.39$11,722
Dec 202203,19576.415.73$18,304
Nov 202203,02785.005.65$17,091
Oct 202203,75787.185.86$22,030
Sep 202203,46884.888.16$28,312
Aug 202203,79394.529.13$34,619
Jul 202203,840101.587.54$28,962
Jun 202202,643115.097.98$21,084
May 202203,733109.378.43$31,481
Apr 202203,372104.226.84$23,056
Mar 202203,321108.885.08$16,859
Feb 202203,72791.054.86$18,109
Jan 202204,17881.844.54$18,958
Dec 2021064971.323.90$2,531
Nov 2021051977.435.24$2,718
Oct 2021061979.795.71$3,537
Sep 2021063769.865.35$3,409
Aug 2021060566.024.22$2,553
Jul 2021081670.783.98$3,249
Jun 202102,79669.493.38$9,452
May 202101,61163.483.02$4,861
Apr 202102,74260.362.76$7,564
Mar 202103,06261.302.72$8,319
Feb 202102,29557.805.55$12,733
Jan 202103,08150.412.81$8,658
Dec 202003,21244.642.68$8,594
Nov 202003,25338.772.71$8,804
Oct 202003,19436.972.48$7,916
Sep 202003,25837.091.99$6,487
Aug 202003,42439.982.39$8,167
Jul 202003,37038.371.83$6,151
Jun 202003,27334.901.69$5,532
May 202003,98816.921.81$7,237
Apr 202004,90514.751.80$8,850
Mar 202005,56430.341.86$10,328
Feb 202005,81449.881.98$11,516
Jan 202005,60157.252.09$11,733
Dec 201906,69559.012.30$15,428
Nov 201904,34955.302.75$11,963
Oct 201904,35953.472.42$10,542
Sep 201904,22655.052.66$11,230
Aug 201904,33553.112.30$9,989
Jul 201904,34356.272.46$10,684
Jun 201904,05652.782.49$10,104
May 201903,67658.482.74$10,073
Apr 201903,58262.632.75$9,853
Mar 201903,62456.803.06$11,097
Feb 201902,86650.852.79$8,003
Jan 201903,12146.033.23$10,075
Dec 201803,39246.594.19$14,197
Nov 201803,32452.934.24$14,085
Oct 201803,37461.443.40$11,465
Sep 201803,23059.543.11$10,039
Aug 201803,29059.403.07$10,089
Jul 201803,43365.142.93$10,065
Jun 201803,43060.183.08$10,554
May 201803,10765.382.90$9,013
Apr 201803,63263.842.90$10,536
Mar 201803,56561.222.79$9,935
Feb 201802,84561.782.77$7,870
Jan 201803,47562.874.01$13,932
Dec 201704,29957.272.92$12,560
Nov 201704,25155.423.12$13,256
Oct 201704,63849.292.98$13,838
Sep 201704,79047.523.09$14,788
Aug 201705,38645.373.00$16,182
Jul 201705,25543.873.09$16,224
Jun 201704,89942.493.09$15,125
May 201705,13145.373.26$16,745
Apr 201704,78447.933.21$15,364
Mar 201705,31446.772.98$15,855
Feb 201704,77550.452.95$14,099
Jan 201705,30449.413.42$18,133
Dec 201605,45348.763.72$20,301
Nov 201605,29542.492.64$14,002
Oct 201604,96846.193.09$15,352
Sep 201604,70841.553.10$14,598
Aug 201604,40941.442.92$12,893
Jul 201603,83941.622.92$11,227
Jun 201603,17645.352.69$8,530
May 201603,17842.521.99$6,328
Apr 201603,61636.561.99$7,200
Mar 201603,55633.011.79$6,380
Feb 201604,30726.472.06$8,888
Jan 201605,24227.352.36$12,394
Dec 201505,00532.362.00$10,017
Nov 201505,85138.792.17$12,681
Oct 201505,56143.552.43$13,494
Sep 201505,78842.992.76$15,966
Aug 201507,30740.162.87$20,989
Jul 201506,82348.152.95$20,094
Jun 201506,65656.152.88$19,188
May 201507,57355.212.96$22,382
Apr 201507,17449.822.71$19,417
Mar 201506,59942.892.93$19,366
Feb 201505,42644.662.98$16,149
Jan 201505,91843.433.10$18,350
Dec 201405,90354.693.59$21,200
Nov 201406,14270.464.25$26,115
Oct 201405,90978.303.90$23,051
Sep 201405,80186.164.05$23,468
Aug 201405,97889.394.04$24,122
Jul 201405,94696.564.18$24,852
Jun 201404,51998.164.74$21,406
May 201405,91394.734.73$27,948
Apr 201406,33695.944.81$30,471
Mar 201406,79495.895.06$34,356
Feb 201406,05897.406.19$37,511
Jan 201407,05390.404.86$34,283
Dec 201306,59791.824.35$28,727
Nov 201306,50488.853.74$24,314
Oct 201307,36397.423.78$27,827
Sep 201306,505104.113.72$24,184
Aug 201303,795104.253.52$13,368
Jul 201306,056102.523.72$22,515
Jun 201307,10194.403.93$27,931
May 201307,23694.834.15$30,023
Apr 201306,94293.964.28$29,730
Mar 201305,17993.623.91$20,265
Feb 201303,93691.233.42$13,461
Jan 201303,65291.603.42$12,490
Dec 201203,19186.773.42$10,914
Nov 201202,21786.953.62$8,037
Oct 201203,59089.383.40$12,205
Sep 201204,30594.672.92$12,564
Aug 201204,78092.662.91$13,901
Jul 201203,20285.133.02$9,673
Jun 201203,40879.822.52$8,585
May 201204,18691.612.49$10,416
Apr 201205,376101.652.00$10,735
Mar 201205,814105.052.22$12,919
Feb 201204,873101.102.57$12,525
Jan 201205,01498.092.73$13,709
Dec 201105,40396.873.24$17,504
Nov 201104,04395.723.31$13,388
Oct 201106,00684.983.65$21,913
Sep 201106,31283.623.99$25,158
Aug 201107,72383.404.15$32,045
Jul 201108,18294.144.52$36,960
Jun 201108,44592.904.64$39,184
May 201108,70698.134.40$38,348
Apr 201107,551105.964.33$32,721
Mar 201107,72196.364.06$31,327
Feb 201108,01685.644.18$33,507
Jan 201108,55286.504.59$39,243
Dec 201009,13185.734.35$39,699
Nov 201008,87080.843.80$33,665
Oct 201009,22978.103.51$32,384
Sep 201009,01072.633.98$35,855
Aug 2010010,06873.684.42$44,494
Jul 201009,83072.554.74$46,560
Jun 2010010,13970.364.91$49,787
May 2010011,26371.124.24$47,701
Apr 2010011,06181.694.12$45,601
Mar 2010011,08378.394.39$48,640
Feb 2010010,35773.585.44$56,367
Jan 2010011,41174.365.96$68,056
Dec 200909,73271.445.48$53,368
Nov 2009010,59074.593.75$39,728
Oct 200909,94872.544.11$40,889
Sep 200907,67465.543.06$23,519
Aug 200908,31867.423.22$26,771
Jul 200909,14161.133.46$31,669
Jun 200909,72666.163.90$37,883
May 2009010,03354.743.93$39,387
Apr 2009012,20446.773.59$43,782
Mar 2009018,35642.144.06$74,507
Feb 2009016,43032.814.63$76,120
Jan 2009015,65035.865.37$84,056
Dec 2008017,48937.105.98$104,534
Nov 2008018,94355.496.86$129,956
Oct 2008020,36775.246.92$140,980
Sep 2008020,543101.767.88$161,819
Aug 2008023,863114.228.48$202,430
Jul 2008025,540131.0811.39$290,886
Jun 200805,040131.3313.03$65,684
May 200807,770123.1711.57$89,932
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007020,73091.677.29$151,157
Oct 2007047,43282.856.92$328,323
Sep 2007065,56875.846.24$409,417
Aug 2007074,69269.066.39$477,128

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                3,112 Mcf  × $  3.05 =     $9,479

────────────────────────────────────────────────────
Month total                                   $9,479

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/231835 is the state's own key, not one this site invented.