LITTLE PLACE

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 234636District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition2 bbl$140
GasProduction1,302,972 Mcf$7,389,197
Total$7,389,337

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 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 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230780.522.67$19
Jul 20230574.852.64$13
Jun 2023148468.962.26$1,162
May 202312,73470.622.23$6,160
Apr 202303,33278.122.24$7,456
Mar 202304072.852.39$96
Feb 202305,38175.112.47$13,268
Jan 202306,35676.533.39$21,532
Dec 202205,80476.415.73$33,252
Nov 202206,58985.005.65$37,203
Oct 202205,26287.185.86$30,855
Sep 202204,46584.888.16$36,451
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017039147.933.21$1,256
Mar 201702,00046.772.98$5,967
Feb 201702,42950.452.95$7,172
Jan 2017069249.413.42$2,366
Dec 2016079648.763.72$2,963
Nov 201602,95142.492.64$7,803
Oct 201604,15146.193.09$12,828
Sep 201603,75741.553.10$11,649
Aug 201604,87641.442.92$14,259
Jul 201604,27841.622.92$12,510
Jun 201604,64345.352.69$12,470
May 201603,72542.521.99$7,417
Apr 2016095836.561.99$1,907
Mar 201601,57433.011.79$2,824
Feb 201603,42826.472.06$7,074
Jan 201602,35527.352.36$5,568
Dec 201502,79832.362.00$5,600
Nov 2015086638.792.17$1,877
Oct 20150043.552.43$0
Sep 2015028342.992.76$781
Aug 201501,56640.162.87$4,498
Jul 2015093248.152.95$2,745
Jun 2015035056.152.88$1,009
May 201507555.212.96$222
Apr 201504,10449.822.71$11,108
Mar 201503,50542.892.93$10,286
Feb 201503,62944.662.98$10,801
Jan 201503,68543.433.10$11,426
Dec 201401,27754.693.59$4,586
Nov 201403,03070.464.25$12,883
Oct 201404,16278.303.90$16,236
Sep 201404,28186.164.05$17,319
Aug 201401,84789.394.04$7,453
Jul 201404,66396.564.18$19,489
Jun 201404,79598.164.74$22,713
May 201405,20794.734.73$24,611
Apr 201405,23795.944.81$25,185
Mar 201405,55595.895.06$28,091
Feb 201405,67997.406.19$35,164
Jan 201407,33390.404.86$35,644
Dec 201307,42991.824.35$32,349
Nov 201306,80388.853.74$25,432
Oct 201307,43597.423.78$28,100
Sep 201307,569104.113.72$28,140
Aug 201308,359104.253.52$29,446
Jul 201308,988102.523.72$33,415
Jun 201308,71394.403.93$34,272
May 201309,03094.834.15$37,466
Apr 201308,88093.964.28$38,029
Mar 201309,23093.623.91$36,116
Feb 201308,34691.233.42$28,543
Jan 201309,06791.603.42$31,008
Dec 201209,31886.773.42$31,869
Nov 201207,79886.953.62$28,267
Oct 201208,36589.383.40$28,438
Sep 201208,26894.672.92$24,129
Aug 201207,52992.662.91$21,896
Jul 201207,46385.133.02$22,544
Jun 201207,16879.822.52$18,056
May 201207,46491.612.49$18,573
Apr 201207,724101.652.00$15,423
Mar 201208,035105.052.22$17,854
Feb 201207,774101.102.57$19,981
Jan 201208,39998.092.73$22,964
Dec 201108,56996.873.24$27,761
Nov 201108,12095.723.31$26,888
Oct 201108,99384.983.65$32,811
Sep 201109,17083.623.99$36,550
Aug 201108,45483.404.15$35,078
Jul 201109,01394.144.52$40,714
Jun 201109,11892.904.64$42,306
May 201109,55298.134.40$42,075
Apr 201109,179105.964.33$39,775
Mar 201109,92196.364.06$40,253
Feb 201109,19285.644.18$38,422
Jan 2011010,59486.504.59$48,614
Dec 2010010,80985.734.35$46,995
Nov 2010010,82180.843.80$41,069
Oct 2010011,29578.103.51$39,633
Sep 2010011,27572.633.98$44,869
Aug 2010011,39773.684.42$50,367
Jul 2010011,59872.554.74$54,934
Jun 2010011,29270.364.91$55,448
May 2010012,07671.124.24$51,145
Apr 2010012,22481.694.12$50,396
Mar 2010012,56278.394.39$55,130
Feb 2010011,69673.585.44$63,654
Jan 2010011,90274.365.96$70,985
Dec 2009012,80571.445.48$70,219
Nov 2009013,14274.593.75$49,302
Oct 2009013,54972.544.11$55,690
Sep 2009013,28165.543.06$40,703
Aug 2009013,20067.423.22$42,484
Jul 2009014,88361.133.46$51,562
Jun 2009014,53366.163.90$56,606
May 2009014,21254.743.93$55,793
Apr 2009014,30146.773.59$51,305
Mar 2009012,74542.144.06$51,732
Feb 200905,54632.814.63$25,695
Jan 2009011,70735.865.37$62,878
Dec 2008020,63037.105.98$123,308
Nov 2008020,62055.496.86$141,461
Oct 2008023,09175.246.92$159,835
Sep 2008022,828101.767.88$179,818
Aug 2008025,945114.228.48$220,092
Jul 2008027,429131.0811.39$312,401
Jun 2008021,926131.3313.03$285,753
May 2008033,180123.1711.57$384,035
Apr 2008036,635110.3110.45$383,014
Mar 2008014,166101.909.66$136,901
Feb 2008024,17592.538.77$212,029
Jan 2008028,78690.388.21$236,210
Dec 2007032,13188.337.30$234,620
Nov 2007036,93391.677.29$269,304
Oct 2007047,17082.856.92$326,510
Sep 2007062,25575.846.24$388,730
Aug 2007068,87069.066.39$439,937

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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                    7 Mcf  × $  2.67 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/234636 is the state's own key, not one this site invented.