DONEGAL HILLS

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 232351District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.0 M
Mar 2007 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
231
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
CondensateDisposition2,507 bbl$185,318
GasProduction991,803 Mcf$4,848,830
Total$5,034,148

Every month this lease reported (231)

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

231 months

May 202601,704106.413.05$5,190
Apr 202601,57498.932.87$4,517
Mar 20261781,66189.753.15$21,207
Feb 202601,55363.503.75$5,824
Jan 202601,74159.138.00$13,924
Dec 202501,90156.664.41$8,390
Nov 202501,63758.593.93$6,428
Oct 202501,61559.383.30$5,337
Sep 202501,81762.743.08$5,591
Aug 202501,57263.933.01$4,739
Jul 202501,71266.743.32$5,676
Jun 202551,58366.483.13$5,285
May 202501,73860.553.23$5,618
Apr 202501,45562.363.54$5,155
Mar 202501,83567.704.27$7,832
Feb 202511,76570.884.34$7,732
Jan 202521,98474.324.28$8,638
Dec 202401,91568.993.12$5,977
Nov 202401,78769.052.20$3,929
Oct 202401,80771.372.28$4,122
Sep 202401,54569.612.36$3,653
Aug 202401,08875.632.06$2,245
Jul 202401,90179.932.15$4,081
Jun 202402,02378.082.63$5,329
May 202402,27378.812.20$4,997
Apr 2024311,91984.451.66$5,802
Mar 202401,83480.301.55$2,834
Feb 202401,83276.091.78$3,268
Jan 202402,44073.023.30$8,046
Dec 202302,12171.262.61$5,537
Nov 202302,12277.892.81$5,958
Oct 202302,15085.443.09$6,638
Sep 202302,25489.042.74$6,165
Aug 202302,27980.522.67$6,091
Jul 202302,06574.852.64$5,455
Jun 2023352,04568.962.26$7,032
May 202302,30370.622.23$5,130
Apr 202302,93878.122.24$6,575
Mar 202302,59672.852.39$6,213
Feb 202302,47475.112.47$6,100
Jan 202302,56776.533.39$8,696
Dec 202202,52076.415.73$14,437
Nov 202202,57785.005.65$14,550
Oct 202202,98187.185.86$17,480
Sep 202202,68484.888.16$21,911
Aug 202202,90894.529.13$26,542
Jul 202203,001101.587.54$22,634
Jun 202203,039115.097.98$24,243
May 202203,203109.378.43$27,011
Apr 202273,121104.226.84$22,070
Mar 202203,066108.885.08$15,564
Feb 202202,52491.054.86$12,264
Jan 202202,20881.844.54$10,019
Dec 202101,94371.323.90$7,576
Nov 202102,06777.435.24$10,825
Oct 202102,32379.795.71$13,273
Sep 202103,06769.865.35$16,411
Aug 202102,02666.024.22$8,551
Jul 202101,86270.783.98$7,415
Jun 202101,66169.493.38$5,615
May 202102,10063.483.02$6,337
Apr 202101,54260.362.76$4,253
Mar 202101,86261.302.72$5,059
Feb 202102,22657.805.55$12,350
Jan 202101,96850.412.81$5,531
Dec 202002,03844.642.68$5,453
Nov 202002,09338.772.71$5,665
Oct 202002,38636.972.48$5,914
Sep 202002,42737.091.99$4,832
Aug 202002,55139.982.39$6,084
Jul 202002,36638.371.83$4,318
Jun 202002,57234.901.69$4,347
May 202002,83916.921.81$5,152
Apr 202002,63314.751.80$4,751
Mar 202002,52230.341.86$4,681
Feb 202002,48349.881.98$4,918
Jan 202002,50557.252.09$5,247
Dec 201902,61559.012.30$6,026
Nov 201902,63355.302.75$7,243
Oct 201902,80953.472.42$6,794
Sep 201902,73755.052.66$7,273
Aug 201902,66353.112.30$6,137
Jul 201902,87156.272.46$7,063
Jun 201902,70952.782.49$6,749
May 201902,97258.482.74$8,144
Apr 201902,41462.632.75$6,640
Mar 201902,21656.803.06$6,786
Feb 201902,38750.852.79$6,665
Jan 201902,85846.033.23$9,226
Dec 201802,89446.594.19$12,113
Nov 201802,50552.934.24$10,614
Oct 201802,88661.443.40$9,807
Sep 201803,01859.543.11$9,380
Aug 201802,89059.403.07$8,862
Jul 201802,91265.142.93$8,538
Jun 201801,38160.183.08$4,249
May 2018562,83465.382.90$11,882
Apr 201802,86663.842.90$8,314
Mar 201802,80061.222.79$7,803
Feb 201802,95061.782.77$8,160
Jan 201803,26562.874.01$13,090
Dec 201703,82357.272.92$11,169
Nov 201703,61055.423.12$11,257
Oct 201702,70549.292.98$8,071
Sep 201703,27547.523.09$10,111
Aug 201703,67745.373.00$11,047
Jul 201703,62043.873.09$11,176
Jun 201703,94142.493.09$12,167
May 2017854,10845.373.26$17,263
Apr 201703,23447.933.21$10,386
Mar 201703,78446.772.98$11,290
Feb 201702,30750.452.95$6,812
Jan 2017087149.413.42$2,978
Dec 201603,79048.763.72$14,110
Nov 201606,05342.492.64$16,006
Oct 201604,91546.193.09$15,189
Sep 201604,74241.553.10$14,703
Aug 201604,66841.442.92$13,651
Jul 201603,91341.622.92$11,443
Jun 201604,01245.352.69$10,776
May 201605,16042.521.99$10,274
Apr 201603,94236.561.99$7,849
Mar 201602,64033.011.79$4,736
Feb 201602,94226.472.06$6,071
Jan 201604,41127.352.36$10,429
Dec 20151003,45632.362.00$10,153
Nov 201504,09238.792.17$8,869
Oct 201504,85543.552.43$11,781
Sep 201505,13042.992.76$14,151
Aug 201505,83740.162.87$16,767
Jul 201506,49348.152.95$19,122
Jun 201505,16056.152.88$14,876
May 201505,24455.212.96$15,498
Apr 201504,78349.822.71$12,946
Mar 201505,65442.892.93$16,593
Feb 201503,43144.662.98$10,211
Jan 201503,57143.433.10$11,072
Dec 20141303,70254.693.59$20,405
Nov 201403,35270.464.25$14,252
Oct 201403,99178.303.90$15,569
Sep 201403,98986.164.05$16,137
Aug 201404,14189.394.04$16,709
Jul 201402,81896.564.18$11,778
Jun 201402,56998.164.74$12,169
May 201404,13094.734.73$19,521
Apr 201404,63795.944.81$22,300
Mar 201405,87095.895.06$29,683
Feb 201402,14697.406.19$13,288
Jan 201404,48490.404.86$21,795
Dec 20131013,52691.824.35$24,628
Nov 201306,23488.853.74$23,304
Oct 201307,30697.423.78$27,612
Sep 201306,133104.113.72$22,801
Aug 201300104.253.52$0
Jul 201303,695102.523.72$13,737
Jun 201303,49994.403.93$13,763
May 201304,10394.834.15$17,024
Apr 201305,36593.964.28$22,976
Mar 20131151,84893.623.91$17,997
Feb 20130091.233.42$0
Jan 201303591.603.42$120
Dec 20120886.773.42$27
Nov 201202,04786.953.62$7,420
Oct 201204,18989.383.40$14,241
Sep 20120094.672.92$0
Aug 2012018492.662.91$535
Jul 201207,74985.133.02$23,408
Jun 201201,72579.822.52$4,345
May 2012047391.612.49$1,177
Apr 201202,916101.652.00$5,823
Mar 201202,453105.052.22$5,451
Feb 201201,338101.102.57$3,439
Jan 2012066798.092.73$1,824
Dec 201101,45696.873.24$4,717
Nov 201102,25695.723.31$7,470
Oct 201102,72184.983.65$9,928
Sep 201103,39483.623.99$13,528
Aug 201104,10783.404.15$17,041
Jul 201103,66994.144.52$16,574
Jun 20111803,34092.904.64$32,219
May 201103,77798.134.40$16,637
Apr 201104,215105.964.33$18,265
Mar 201104,40096.364.06$17,852
Feb 201104,62185.644.18$19,316
Jan 201106,62886.504.59$30,414
Dec 201007,31485.734.35$31,799
Nov 201005,34180.843.80$20,271
Oct 201005,88178.103.51$20,636
Sep 201004,51572.633.98$17,967
Aug 201004,65973.684.42$20,590
Jul 201006,81872.554.74$32,293
Jun 20101788,92870.364.91$56,364
May 201009,35671.124.24$39,625
Apr 201008,91181.694.12$36,737
Mar 201008,34778.394.39$36,632
Feb 201007,46773.585.44$40,638
Jan 20101917,42674.365.96$58,492
Dec 200905,59771.445.48$30,693
Nov 200906,05374.593.75$22,708
Oct 200907,28172.544.11$29,927
Sep 200908,75065.543.06$26,817
Aug 200907,19467.423.22$23,154
Jul 200907,50961.133.46$26,015
Jun 200907,60266.163.90$29,610
May 200908,68354.743.93$34,087
Apr 200907,59346.773.59$27,240
Mar 200908,19842.144.06$33,276
Feb 200907,65632.814.63$35,470
Jan 20092009,76435.865.37$59,614
Dec 200809,37637.105.98$56,042
Nov 200808,41955.496.86$57,757
Oct 200809,73375.246.92$67,372
Sep 200806,727101.767.88$52,989
Aug 200807,312114.228.48$62,028
Jul 2008010,062131.0811.39$114,600
Jun 200809,145131.3313.03$119,183
May 200819310,986123.1711.57$150,927
Apr 2008012,261110.3110.45$128,187
Mar 200808,967101.909.66$86,658
Feb 200809,41792.538.77$82,593
Jan 200817713,50290.388.21$126,791
Dec 2007014,80388.337.30$108,091
Nov 200707,08791.677.29$51,676
Oct 200706,92282.856.92$47,914
Sep 2007014,95875.846.24$93,400
Aug 2007019,73669.066.39$126,072
Jul 200717818,08770.906.39$128,159
Jun 200717510,65462.007.55$91,271
May 2007020,62658.747.85$161,837
Apr 200718926,26859.617.81$216,293
Mar 2007024,05356.927.30$175,634

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                1,704 Mcf  × $  3.05 =     $5,190

────────────────────────────────────────────────────
Month total                                   $5,190

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/232351 is the state's own key, not one this site invented.