BRITE

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 235245District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Nov 2007 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
223
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
CondensateDisposition9,775 bbl$737,881
GasProduction787,408 Mcf$3,649,721
Total$4,387,602

Every month this lease reported (223)

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

223 months

May 202602,267106.413.05$6,905
Apr 202602,11398.932.87$6,064
Mar 2026982,12489.753.15$15,485
Feb 202602,00063.503.75$7,501
Jan 202602,08759.138.00$16,692
Dec 202522,01256.664.41$8,993
Nov 202502,13258.593.93$8,371
Oct 202502,33759.383.30$7,723
Sep 202502,22962.743.08$6,858
Aug 202502,34763.933.01$7,076
Jul 2025942,19566.743.32$13,550
Jun 202532,03266.483.13$6,557
May 202512,15160.553.23$7,013
Apr 202512,14662.363.54$7,666
Mar 202502,12667.704.27$9,074
Feb 20251711,95270.884.34$20,594
Jan 202582,09774.324.28$9,567
Dec 202422,31668.993.12$7,367
Nov 202402,47469.052.20$5,439
Oct 202442,56771.372.28$6,142
Sep 202402,26869.612.36$5,362
Aug 202422,97575.632.06$6,291
Jul 202402,11379.932.15$4,536
Jun 202412,18678.082.63$5,836
May 202402,19478.812.20$4,823
Apr 20241262,06284.451.66$14,062
Mar 202412,16480.301.55$3,424
Feb 202412,06876.091.78$3,765
Jan 202402,13073.023.30$7,024
Dec 202302,12471.262.61$5,545
Nov 202322,11877.892.81$6,102
Oct 202322,18885.443.09$6,926
Sep 202312,25189.042.74$6,246
Aug 202323,02680.522.67$8,249
Jul 202302,28174.852.64$6,026
Jun 2023922,15168.962.26$11,202
May 202302,29470.622.23$5,110
Apr 202302,30678.122.24$5,160
Mar 202302,46972.852.39$5,909
Feb 202302,20775.112.47$5,442
Jan 202302,30376.533.39$7,802
Dec 202202,35676.415.73$13,498
Nov 202202,27085.005.65$12,817
Oct 202202,56487.185.86$15,035
Sep 202202,56384.888.16$20,924
Aug 202203,76894.529.13$34,391
Jul 202203,035101.587.54$22,890
Jun 202202,585115.097.98$20,621
May 202202,753109.378.43$23,216
Apr 20221052,599104.226.84$28,714
Mar 202202,873108.885.08$14,585
Feb 202202,18691.054.86$10,621
Jan 202203,10981.844.54$14,108
Dec 202103,22871.323.90$12,586
Nov 202103,14677.435.24$16,475
Oct 202103,88079.795.71$22,170
Sep 202102,79369.865.35$14,945
Aug 202101766.024.22$72
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 2021020357.805.55$1,126
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 20201741,23434.901.69$8,158
May 202002,72316.921.81$4,942
Apr 202002,56114.751.80$4,621
Mar 202002,76630.341.86$5,134
Feb 202002,42549.881.98$4,803
Jan 202002,61057.252.09$5,467
Dec 20191412,62659.012.30$14,372
Nov 201901,99855.302.75$5,496
Oct 201902,36853.472.42$5,727
Sep 201902,87655.052.66$7,642
Aug 201902,96053.112.30$6,821
Jul 20191742,95456.272.46$17,058
Jun 201903,02452.782.49$7,533
May 201903,19258.482.74$8,747
Apr 201903,07062.632.75$8,445
Mar 201902,65556.803.06$8,130
Feb 201902,45950.852.79$6,866
Jan 20191741,59746.033.23$13,165
Dec 201803,26646.594.19$13,670
Nov 201802,94352.934.24$12,470
Oct 201802,88761.443.40$9,810
Sep 201803,36259.543.11$10,449
Aug 201803,35159.403.07$10,276
Jul 20181803,52465.142.93$22,057
Jun 201803,39060.183.08$10,431
May 201803,51465.382.90$10,193
Apr 201803,58063.842.90$10,385
Mar 201804,12361.222.79$11,490
Feb 20181803,04661.782.77$19,546
Jan 201803,32062.874.01$13,311
Dec 201704,00657.272.92$11,704
Nov 20171544,34555.423.12$22,084
Oct 201704,61249.292.98$13,761
Sep 201704,35347.523.09$13,439
Aug 201703,10545.373.00$9,329
Jul 201704,06343.873.09$12,544
Jun 201704,21842.493.09$13,022
May 201703,64345.373.26$11,889
Apr 201703,85547.933.21$12,381
Mar 201704,49346.772.98$13,406
Feb 201703,16650.452.95$9,348
Jan 2017017249.413.42$588
Dec 201623,19848.763.72$12,003
Nov 2016471,11242.492.64$4,938
Oct 201601,72646.193.09$5,334
Sep 2016053741.553.10$1,665
Aug 201605741.442.92$167
Jul 201602,58441.622.92$7,556
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201602036.561.99$40
Mar 20161678833.011.79$5,671
Feb 201602,00626.472.06$4,140
Jan 201602,51127.352.36$5,937
Dec 2015079532.362.00$1,591
Nov 2015097838.792.17$2,120
Oct 2015074543.552.43$1,808
Sep 201501,69942.992.76$4,687
Aug 201502,83740.162.87$8,149
Jul 201502,33148.152.95$6,865
Jun 201501,90256.152.88$5,483
May 201502,02955.212.96$5,997
Apr 201502,08049.822.71$5,630
Mar 201502,42442.892.93$7,114
Feb 20151844,42744.662.98$21,393
Jan 201503,44543.433.10$10,682
Dec 201402,35754.693.59$8,465
Nov 20141802,52570.464.25$23,419
Oct 201402,51878.303.90$9,823
Sep 201402,34286.164.05$9,474
Aug 201403,01689.394.04$12,170
Jul 201402,13696.564.18$8,928
Jun 201402,71998.164.74$12,880
May 201403,27094.734.73$15,456
Apr 201402,55795.944.81$12,297
Mar 201403,00895.895.06$15,211
Feb 201403,16097.406.19$19,567
Jan 201402,78690.404.86$13,542
Dec 20131783,40291.824.35$31,158
Nov 201303,24888.853.74$12,142
Oct 201303,97897.423.78$15,034
Sep 201303,823104.113.72$14,213
Aug 201303,150104.253.52$11,096
Jul 201303,181102.523.72$11,826
Jun 201303,11694.403.93$12,257
May 201303,51494.834.15$14,580
Apr 201303,17993.964.28$13,614
Mar 201302,77193.623.91$10,843
Feb 201302,70091.233.42$9,234
Jan 201303,44791.603.42$11,788
Dec 20121783,43586.773.42$27,193
Nov 201203,50186.953.62$12,691
Oct 201203,77889.383.40$12,844
Sep 20121783,57094.672.92$27,270
Aug 201203,67792.662.91$10,693
Jul 201203,17885.133.02$9,600
Jun 201202,86679.822.52$7,220
May 201203,59491.612.49$8,943
Apr 20121723,732101.652.00$24,936
Mar 201203,792105.052.22$8,426
Feb 201203,600101.102.57$9,253
Jan 20121874,07898.092.73$29,492
Dec 201104,08196.873.24$13,221
Nov 20111814,37795.723.31$31,819
Oct 201104,30684.983.65$15,711
Sep 201104,20783.623.99$16,768
Aug 201104,30883.404.15$17,875
Jul 201104,30394.144.52$19,438
Jun 20111864,00592.904.64$35,862
May 201104,09298.134.40$18,025
Apr 201104,279105.964.33$18,542
Mar 201103,90196.364.06$15,828
Feb 201104,80185.644.18$20,068
Jan 20111954,83086.504.59$39,031
Dec 201004,56885.734.35$19,861
Nov 201005,03580.843.80$19,109
Oct 20101885,40778.103.51$33,655
Sep 201005,85872.633.98$23,312
Aug 20101866,10373.684.42$40,676
Jul 201006,57972.554.74$31,161
Jun 20101686,80770.364.91$45,246
May 20101967,09971.124.24$44,005
Apr 201006,95681.694.12$28,677
Mar 20101407,40578.394.39$43,473
Feb 20101566,72373.585.44$48,067
Jan 20101717,40874.365.96$56,898
Dec 20091727,56671.445.48$53,778
Nov 20091787,58774.593.75$41,740
Oct 20091918,17472.544.11$47,452
Sep 20091617,80765.543.06$34,478
Aug 200908,25667.423.22$26,572
Jul 20091667,87061.133.46$37,413
Jun 20091897,78366.163.90$42,819
May 20091888,35954.743.93$43,106
Apr 200906,45346.773.59$23,150
Mar 20091877,35242.144.06$37,722
Feb 200907,08932.814.63$32,843
Jan 20093869,19635.865.37$63,234
Dec 20081789,34937.105.98$62,484
Nov 20081938,39255.496.86$68,282
Oct 20081898,12075.246.92$70,427
Sep 200809,219101.767.88$72,619
Aug 20083789,798114.228.48$126,292
Jul 200808,837131.0811.39$100,648
Jun 200806,366131.3313.03$82,966
May 20081828,025123.1711.57$115,301
Apr 20081817,607110.3110.45$99,496
Mar 200837211,740101.909.66$151,363
Feb 200819112,82892.538.77$130,182
Jan 200857115,86190.388.21$181,758
Dec 200738621,82188.337.30$193,432
Nov 200706,33591.677.29$46,193

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                2,267 Mcf  × $  3.05 =     $6,905

────────────────────────────────────────────────────
Month total                                   $6,905

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/235245 is the state's own key, not one this site invented.