RUBY

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 233860District 09Field 65280200GasSaveExport
Value, all time
$3.9 M
Sep 2007 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
225
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
GasProduction820,079 Mcf$3,902,797
Total$3,902,797

Every month this lease reported (225)

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

225 months

May 20262,069106.413.05$6,302
Apr 20261,99998.932.87$5,737
Mar 20262,04989.753.15$6,453
Feb 20261,86363.503.75$6,987
Jan 20262,07359.138.00$16,580
Dec 20252,10256.664.41$9,277
Nov 20252,01258.593.93$7,900
Oct 20252,10159.383.30$6,943
Sep 20252,00762.743.08$6,175
Aug 20252,12263.933.01$6,397
Jul 20252,17466.743.32$7,207
Jun 20252,06466.483.13$6,458
May 20252,15960.553.23$6,979
Apr 20252,01062.363.54$7,122
Mar 20251,98767.704.27$8,481
Feb 20251,77870.884.34$7,718
Jan 20251,97674.324.28$8,455
Dec 20241,96268.993.12$6,124
Nov 20241,96269.052.20$4,313
Oct 20241,98571.372.28$4,529
Sep 20241,93869.612.36$4,582
Aug 20242,01175.632.06$4,150
Jul 20241,98079.932.15$4,250
Jun 20241,91078.082.63$5,031
May 20241,93878.812.20$4,261
Apr 20241,78684.451.66$2,963
Mar 20242,00680.301.55$3,100
Feb 20241,89276.091.78$3,375
Jan 20243,14273.023.30$10,361
Dec 20231,87071.262.61$4,882
Nov 20231,97377.892.81$5,539
Oct 20232,13885.443.09$6,601
Sep 20231,97189.042.74$5,391
Aug 20231,97080.522.67$5,266
Jul 20231,69274.852.64$4,470
Jun 20232,24368.962.26$5,066
May 20232,44870.622.23$5,453
Apr 20232,22978.122.24$4,988
Mar 20231,99872.852.39$4,782
Feb 20232,33675.112.47$5,760
Jan 20232,42276.533.39$8,205
Dec 20222,57176.415.73$14,729
Nov 20222,57385.005.65$14,528
Oct 20222,77187.185.86$16,248
Sep 20222,70184.888.16$22,050
Aug 20222,80294.529.13$25,574
Jul 20222,944101.587.54$22,204
Jun 20222,905115.097.98$23,174
May 20222,170109.378.43$18,300
Apr 20222,266104.226.84$15,494
Mar 20221,389108.885.08$7,051
Feb 20221,51791.054.86$7,371
Jan 20221,83481.844.54$8,322
Dec 20212,07471.323.90$8,087
Nov 20211,91577.435.24$10,029
Oct 20212,00179.795.71$11,433
Sep 20211,90069.865.35$10,167
Aug 20212,01066.024.22$8,483
Jul 20212,01670.783.98$8,028
Jun 20211,87669.493.38$6,342
May 20211,99263.483.02$6,011
Apr 20211,93960.362.76$5,349
Mar 20212,18561.302.72$5,937
Feb 20211,74757.805.55$9,692
Jan 20212,24350.412.81$6,303
Dec 20202,23244.642.68$5,972
Nov 20202,17538.772.71$5,887
Oct 20202,27036.972.48$5,626
Sep 20202,23237.091.99$4,444
Aug 20202,36439.982.39$5,638
Jul 20202,41738.371.83$4,411
Jun 20202,23034.901.69$3,769
May 20202,40116.921.81$4,357
Apr 20202,39214.751.80$4,316
Mar 20202,39130.341.86$4,438
Feb 20202,26749.881.98$4,490
Jan 20202,38757.252.09$5,000
Dec 20192,38359.012.30$5,491
Nov 20192,54255.302.75$6,992
Oct 20192,73053.472.42$6,603
Sep 20192,53655.052.66$6,739
Aug 20192,59453.112.30$5,978
Jul 20192,59056.272.46$6,372
Jun 20192,16852.782.49$5,401
May 20192,26658.482.74$6,210
Apr 20192,19962.632.75$6,049
Mar 20192,39756.803.06$7,340
Feb 20192,11050.852.79$5,892
Jan 20192,51346.033.23$8,112
Dec 20182,34346.594.19$9,806
Nov 20182,07452.934.24$8,788
Oct 20182,29661.443.40$7,802
Sep 20182,45059.543.11$7,615
Aug 20182,61159.403.07$8,007
Jul 20182,34065.142.93$6,861
Jun 20182,64760.183.08$8,145
May 20182,02465.382.90$5,871
Apr 20182,38063.842.90$6,904
Mar 20182,58861.222.79$7,212
Feb 20182,57861.782.77$7,131
Jan 20182,86862.874.01$11,499
Dec 20172,93057.272.92$8,560
Nov 20172,88155.423.12$8,984
Oct 20173,01249.292.98$8,987
Sep 20172,96347.523.09$9,148
Aug 20173,11045.373.00$9,344
Jul 20173,18643.873.09$9,836
Jun 20173,09742.493.09$9,561
May 20173,27845.373.26$10,697
Apr 20173,03947.933.21$9,760
Mar 20173,10646.772.98$9,267
Feb 20172,85850.452.95$8,439
Jan 20173,04049.413.42$10,393
Dec 20162,93548.763.72$10,927
Nov 20162,94742.492.64$7,793
Oct 20163,19146.193.09$9,861
Sep 20162,93241.553.10$9,091
Aug 20162,78941.442.92$8,156
Jul 20162,64341.622.92$7,729
Jun 20162,67045.352.69$7,171
May 20162,96142.521.99$5,895
Apr 20162,95136.561.99$5,876
Mar 20162,99333.011.79$5,369
Feb 20162,88026.472.06$5,943
Jan 20162,83927.352.36$6,712
Dec 20152,72532.362.00$5,454
Nov 20152,58938.792.17$5,611
Oct 20152,83543.552.43$6,879
Sep 20152,76242.992.76$7,619
Aug 20152,92640.162.87$8,405
Jul 20152,94648.152.95$8,676
Jun 20152,86156.152.88$8,248
May 20153,02055.212.96$8,925
Apr 20153,06349.822.71$8,290
Mar 20153,04542.892.93$8,936
Feb 20153,01944.662.98$8,985
Jan 20153,46543.433.10$10,744
Dec 20143,20054.693.59$11,492
Nov 20142,99970.464.25$12,751
Oct 20143,23478.303.90$12,616
Sep 20143,18886.164.05$12,897
Aug 20143,19689.394.04$12,896
Jul 20143,22196.564.18$13,462
Jun 20143,08298.164.74$14,599
May 20143,21794.734.73$15,205
Apr 20143,28695.944.81$15,803
Mar 20143,30095.895.06$16,687
Feb 20143,07797.406.19$19,053
Jan 20143,36390.404.86$16,347
Dec 20133,58691.824.35$15,615
Nov 20133,57888.853.74$13,376
Oct 20133,71297.423.78$14,029
Sep 20133,443104.113.72$12,800
Aug 20133,489104.253.52$12,290
Jul 20132,940102.523.72$10,930
Jun 20132,96194.403.93$11,647
May 20133,14094.834.15$13,028
Apr 20133,03193.964.28$12,981
Mar 20133,25393.623.91$12,729
Feb 20132,90791.233.42$9,942
Jan 20133,13691.603.42$10,725
Dec 20123,07086.773.42$10,500
Nov 20123,11186.953.62$11,277
Oct 20123,25489.383.40$11,063
Sep 20123,11894.672.92$9,100
Aug 20122,91392.662.91$8,471
Jul 20123,37785.133.02$10,201
Jun 20123,18179.822.52$8,013
May 20123,50391.612.49$8,717
Apr 20123,352101.652.00$6,693
Mar 20123,440105.052.22$7,644
Feb 20123,364101.102.57$8,646
Jan 20123,75898.092.73$10,275
Dec 20113,70796.873.24$12,010
Nov 20113,81595.723.31$12,633
Oct 20114,06784.983.65$14,839
Sep 20114,07683.623.99$16,246
Aug 20114,12283.404.15$17,104
Jul 20114,22594.144.52$19,085
Jun 20114,21192.904.64$19,539
May 20114,38898.134.40$19,328
Apr 20114,134105.964.33$17,914
Mar 20114,37396.364.06$17,743
Feb 20114,03185.644.18$16,850
Jan 20114,21986.504.59$19,360
Dec 20104,27185.734.35$18,569
Nov 20103,89380.843.80$14,775
Oct 20104,26978.103.51$14,979
Sep 20104,31472.633.98$17,167
Aug 20104,65773.684.42$20,581
Jul 20105,02172.554.74$23,782
Jun 20104,84370.364.91$23,781
May 20105,19771.124.24$22,010
Apr 20104,92181.694.12$20,288
Mar 20105,26078.394.39$23,084
Feb 20105,32573.585.44$28,981
Jan 20106,28574.365.96$37,484
Dec 20096,74171.445.48$36,966
Nov 20096,39074.593.75$23,972
Oct 20096,66572.544.11$27,395
Sep 20096,18465.543.06$18,952
Aug 20096,43867.423.22$20,721
Jul 20096,30861.133.46$21,854
Jun 20095,03866.163.90$19,623
May 20094,44954.743.93$17,466
Apr 20094,35346.773.59$15,616
Mar 20097,06942.144.06$28,693
Feb 20097,46632.814.63$34,590
Jan 20098,54835.865.37$45,911
Dec 20088,98437.105.98$53,699
Nov 20088,84755.496.86$60,694
Oct 20089,23275.246.92$63,904
Sep 20089,244101.767.88$72,816
Aug 20089,506114.228.48$80,640
Jul 200810,262131.0811.39$116,878
Jun 200811,006131.3313.03$143,437
May 200810,421123.1711.57$120,616
Apr 20089,521110.3110.45$99,541
Mar 200811,446101.909.66$110,615
Feb 200811,33192.538.77$99,379
Jan 200813,58590.388.21$111,475
Dec 200716,52988.337.30$120,694
Nov 200719,89891.677.29$145,090
Oct 200728,49782.856.92$197,256
Sep 20072,35775.846.24$14,717

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                2,069 Mcf  × $  3.05 =     $6,302

────────────────────────────────────────────────────
Month total                                   $6,302

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/233860 is the state's own key, not one this site invented.