KENNON, ALFRED

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 235100District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
Oct 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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
CondensateDisposition1 bbl$60
GasProduction847,344 Mcf$4,274,927
Total$4,274,987

Every month this lease reported (224)

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

224 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023066778.122.24$1,493
Mar 2023056072.852.39$1,340
Feb 2023045275.112.47$1,114
Jan 202301,81976.533.39$6,162
Dec 202201,61576.415.73$9,252
Nov 202201,16585.005.65$6,578
Oct 2022058387.185.86$3,419
Sep 2022049484.888.16$4,033
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 2021010371.323.90$402
Nov 2021017177.435.24$896
Oct 2021033779.795.71$1,926
Sep 2021051569.865.35$2,756
Aug 2021034966.024.22$1,473
Jul 2021041970.783.98$1,668
Jun 2021078569.493.38$2,654
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021033757.805.55$1,870
Jan 2021084750.412.81$2,380
Dec 202001,21644.642.68$3,253
Nov 2020071538.772.71$1,935
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 202007916.921.81$143
Apr 2020038214.751.80$689
Mar 2020032530.341.86$603
Feb 2020030049.881.98$594
Jan 2020041857.252.09$876
Dec 2019073359.012.30$1,689
Nov 2019090555.302.75$2,489
Oct 201902,05953.472.42$4,980
Sep 201902,65255.052.66$7,047
Aug 201902,66253.112.30$6,134
Jul 201902,47456.272.46$6,086
Jun 201902,85352.782.49$7,107
May 201902,13358.482.74$5,845
Apr 201901,78662.632.75$4,913
Mar 201901,43756.803.06$4,400
Feb 201901,60050.852.79$4,468
Jan 201901,79546.033.23$5,795
Dec 201801,91046.594.19$7,994
Nov 201802,00652.934.24$8,500
Oct 201802,35061.443.40$7,985
Sep 201802,43459.543.11$7,565
Aug 201803,33059.403.07$10,212
Jul 201802,56965.142.93$7,532
Jun 201812,56160.183.08$7,940
May 201803,28365.382.90$9,523
Apr 201802,96963.842.90$8,612
Mar 201803,33061.222.79$9,280
Feb 201802,80361.782.77$7,753
Jan 201804,02262.874.01$16,125
Dec 201704,00057.272.92$11,686
Nov 201703,29555.423.12$10,275
Oct 201703,35249.292.98$10,001
Sep 201703,67847.523.09$11,355
Aug 2017068245.373.00$2,049
Jul 201703,80143.873.09$11,735
Jun 201703,87242.493.09$11,954
May 201704,19245.373.26$13,680
Apr 201704,11047.933.21$13,200
Mar 201704,47146.772.98$13,340
Feb 201704,33650.452.95$12,802
Jan 201704,17249.413.42$14,263
Dec 201604,02648.763.72$14,988
Nov 201603,75242.492.64$9,922
Oct 201604,04346.193.09$12,494
Sep 201603,33541.553.10$10,341
Aug 201603,88441.442.92$11,358
Jul 201603,44441.622.92$10,071
Jun 201604,16945.352.69$11,197
May 201604,28142.521.99$8,524
Apr 20160036.561.99$0
Mar 201603,39833.011.79$6,096
Feb 201603,90926.472.06$8,067
Jan 201603,11227.352.36$7,358
Dec 201501,35232.362.00$2,706
Nov 201504,55838.792.17$9,879
Oct 201504,13143.552.43$10,024
Sep 201504,72342.992.76$13,028
Aug 201505,94340.162.87$17,071
Jul 201506,29348.152.95$18,533
Jun 201504,61856.152.88$13,313
May 201504,66955.212.96$13,799
Apr 201503,76249.822.71$10,182
Mar 2015033042.892.93$968
Feb 201501,37144.662.98$4,080
Jan 201501,59643.433.10$4,949
Dec 201402,22754.693.59$7,998
Nov 201401,05370.464.25$4,477
Oct 201401,05778.303.90$4,123
Sep 2014033286.164.05$1,343
Aug 2014047489.394.04$1,913
Jul 201401,72396.564.18$7,201
Jun 201403,78798.164.74$17,939
May 201404,01594.734.73$18,977
Apr 201403,84695.944.81$18,496
Mar 201404,91395.895.06$24,844
Feb 201404,98597.406.19$30,867
Jan 201405,86190.404.86$28,489
Dec 201305,85091.824.35$25,474
Nov 201305,35288.853.74$20,007
Oct 201305,58197.423.78$21,093
Sep 201305,182104.113.72$19,265
Aug 201304,667104.253.52$16,440
Jul 201304,796102.523.72$17,830
Jun 201304,79694.403.93$18,865
May 201305,19994.834.15$21,571
Apr 201305,32693.964.28$22,809
Mar 201305,73493.623.91$22,436
Feb 201305,81191.233.42$19,873
Jan 201306,33691.603.42$21,669
Dec 201207,17286.773.42$24,529
Nov 201206,29386.953.62$22,812
Oct 201205,70489.383.40$19,392
Sep 201205,50794.672.92$16,072
Aug 201204,73492.662.91$13,767
Jul 201205,03885.133.02$15,219
Jun 201204,53179.822.52$11,414
May 201204,61791.612.49$11,489
Apr 201204,341101.652.00$8,668
Mar 201204,878105.052.22$10,839
Feb 201204,423101.102.57$11,368
Jan 201204,63598.092.73$12,672
Dec 201104,76796.873.24$15,444
Nov 201104,45895.723.31$14,762
Oct 201105,47484.983.65$19,972
Sep 201107,65283.623.99$30,499
Aug 2011010,83483.404.15$44,954
Jul 201106,68594.144.52$30,198
Jun 201105,41792.904.64$25,134
May 201105,59798.134.40$24,654
Apr 201105,656105.964.33$24,509
Mar 201106,26496.364.06$25,415
Feb 201105,22885.644.18$21,853
Jan 201106,63886.504.59$30,460
Dec 201006,91385.734.35$30,056
Nov 201006,86980.843.80$26,070
Oct 201007,13378.103.51$25,029
Sep 201007,30172.633.98$29,054
Aug 201007,20273.684.42$31,828
Jul 201007,38872.554.74$34,993
Jun 201007,51070.364.91$36,877
May 201007,96471.124.24$33,729
Apr 201006,88681.694.12$28,389
Mar 201007,66778.394.39$33,648
Feb 201007,48673.585.44$40,742
Jan 201008,24774.365.96$49,186
Dec 200908,34771.445.48$45,773
Nov 200908,08674.593.75$30,335
Oct 200909,34972.544.11$38,427
Sep 200908,93265.543.06$27,374
Aug 200909,68367.423.22$31,165
Jul 200909,51661.133.46$32,968
Jun 200907,18166.163.90$27,970
May 200906,62754.743.93$26,016
Apr 200905,88546.773.59$21,112
Mar 200905,73042.144.06$23,258
Feb 200907,17932.814.63$33,260
Jan 200906,59535.865.37$35,422
Dec 2008010,34037.105.98$61,804
Nov 2008010,00555.496.86$68,638
Oct 2008015,02675.246.92$104,010
Sep 2008021,829101.767.88$171,949
Aug 200808,974114.228.48$76,127
Jul 200806,081131.0811.39$69,259
Jun 2008013,730131.3313.03$178,938
May 2008013,718123.1711.57$158,776
Apr 2008017,791110.3110.45$186,002
Mar 2008023,139101.909.66$223,617
Feb 2008025,74192.538.77$225,764
Jan 2008020,51590.388.21$168,341
Dec 2007019,76888.337.30$144,345
Nov 2007023,09191.677.29$168,373
Oct 2007050582.856.92$3,496

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.

Apr 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.12 =         $0
Gas                  667 Mcf  × $  2.24 =     $1,493

────────────────────────────────────────────────────
Month total                                   $1,493

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/235100 is the state's own key, not one this site invented.