BEDINGER-SOUTH

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 236149District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.8 M
Mar 2007 – May 2026
Value, last 12 filed months
$155 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
CondensateDisposition11,278 bbl$862,422
GasProduction1,254,127 Mcf$5,963,524
Total$6,825,946

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 202603,178106.413.05$9,680
Apr 202672,97098.932.87$9,216
Mar 202603,27489.753.15$10,311
Feb 2026253,08663.503.75$13,161
Jan 202603,24259.138.00$25,929
Dec 202503,20156.664.41$14,127
Nov 2025313,33158.593.93$14,895
Oct 202503,54959.383.30$11,729
Sep 2025223,45462.743.08$12,008
Aug 202503,68163.933.01$11,097
Jul 2025193,33966.743.32$12,338
Jun 202503,37666.483.13$10,563
May 202503,51960.553.23$11,375
Apr 2025223,38362.363.54$13,358
Mar 2025503,51167.704.27$18,371
Feb 202503,07570.884.34$13,348
Jan 202503,42474.324.28$14,650
Dec 202403,44268.993.12$10,744
Nov 2024383,38969.052.20$10,074
Oct 2024303,44171.372.28$9,991
Sep 202403,46569.612.36$8,193
Aug 202403,90875.632.06$8,065
Jul 202403,88279.932.15$8,333
Jun 2024254,57278.082.63$13,995
May 202403,67178.812.20$8,070
Apr 202403,63684.451.66$6,033
Mar 2024213,60280.301.55$7,252
Feb 202403,41576.091.78$6,091
Jan 202403,82773.023.30$12,620
Dec 202303,73371.262.61$9,746
Nov 202303,78277.892.81$10,618
Oct 2023533,83285.443.09$16,359
Sep 202303,58189.042.74$9,794
Aug 202303,74780.522.67$10,015
Jul 202303,80374.852.64$10,047
Jun 202303,67168.962.26$8,291
May 202303,67070.622.23$8,175
Apr 202303,51378.122.24$7,861
Mar 2023253,96972.852.39$11,320
Feb 202303,59375.112.47$8,859
Jan 202303,37076.533.39$11,417
Dec 202203,86076.415.73$22,114
Nov 202203,82185.005.65$21,574
Oct 202203,89087.185.86$22,810
Sep 202203,48184.888.16$28,418
Aug 202203,62194.529.13$33,049
Jul 202203,608101.587.54$27,212
Jun 202203,673115.097.98$29,300
May 202204,131109.378.43$34,837
Apr 2022943,660104.226.84$34,822
Mar 202203,933108.885.08$19,965
Feb 202203,48391.054.86$16,923
Jan 202203,78781.844.54$17,184
Dec 2021884,34371.323.90$23,210
Nov 202104,20677.435.24$22,026
Oct 2021684,46679.795.71$30,944
Sep 202103,77969.865.35$20,221
Aug 2021764,69566.024.22$24,833
Jul 202104,39770.783.98$17,509
Jun 202104,05369.493.38$13,702
May 202104,14063.483.02$12,493
Apr 202104,25460.362.76$11,734
Mar 20211864,67861.302.72$24,112
Feb 202103,20357.805.55$17,770
Jan 202104,94850.412.81$13,905
Dec 202004,73344.642.68$12,663
Nov 20203033,99238.772.71$22,552
Oct 202004,25136.972.48$10,536
Sep 202003,52837.091.99$7,024
Aug 202003,06739.982.39$7,315
Jul 202004,27838.371.83$7,808
Jun 20201274,44934.901.69$11,952
May 202004,59216.921.81$8,333
Apr 202004,54714.751.80$8,205
Mar 202004,79530.341.86$8,901
Feb 202004,46449.881.98$8,842
Jan 202004,71457.252.09$9,875
Dec 20191554,63559.012.30$19,827
Nov 201904,26955.302.75$11,743
Oct 201904,73853.472.42$11,459
Sep 201904,43155.052.66$11,774
Aug 201904,39953.112.30$10,137
Jul 201904,43956.272.46$10,920
Jun 201904,30152.782.49$10,715
May 201904,22858.482.74$11,586
Apr 20191074,77162.632.75$19,825
Mar 201904,71656.803.06$14,441
Feb 201904,44850.852.79$12,420
Jan 201904,85646.033.23$15,676
Dec 2018805,17546.594.19$25,387
Nov 201805,15752.934.24$21,851
Oct 201805,20661.443.40$17,690
Sep 2018705,15859.543.11$20,199
Aug 201804,89359.403.07$15,005
Jul 201804,97465.142.93$14,583
Jun 201804,85060.183.08$14,923
May 201805,14965.382.90$14,936
Apr 201804,77163.842.90$13,840
Mar 201805,02061.222.79$13,990
Feb 20181424,75561.782.77$21,926
Jan 201804,44062.874.01$17,801
Dec 201705,25257.272.92$15,344
Nov 201705,33255.423.12$16,627
Oct 201705,92749.292.98$17,684
Sep 201704,75247.523.09$14,671
Aug 20171435,01045.373.00$21,540
Jul 201705,31043.873.09$16,393
Jun 201705,66042.493.09$17,474
May 201705,52745.373.26$18,037
Apr 20170047.933.21$0
Mar 201703,52846.772.98$10,526
Feb 201704,52150.452.95$13,349
Jan 201704,21549.413.42$14,410
Dec 201601,91148.763.72$7,114
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201601,03841.553.10$3,218
Aug 2016371,20541.442.92$5,057
Jul 2016067541.622.92$1,974
Jun 20160045.352.69$0
May 2016075342.521.99$1,499
Apr 2016063136.561.99$1,256
Mar 201601,19133.011.79$2,137
Feb 2016098426.472.06$2,031
Jan 2016063627.352.36$1,504
Dec 201501,14232.362.00$2,286
Nov 2015098438.792.17$2,133
Oct 201502,01743.552.43$4,894
Sep 201502,47142.992.76$6,816
Aug 201503,12340.162.87$8,971
Jul 201504,15448.152.95$12,234
Jun 201502,19256.152.88$6,319
May 201503,08655.212.96$9,121
Apr 201503,45949.822.71$9,362
Mar 20151423,75542.892.93$17,110
Feb 201503,57044.662.98$10,625
Jan 20151804,12643.433.10$20,611
Dec 201404,17354.693.59$14,987
Nov 201403,92070.464.25$16,667
Oct 20141073,25478.303.90$21,072
Sep 201402,91986.164.05$11,809
Aug 201405,18489.394.04$20,918
Jul 201405,14996.564.18$21,521
Jun 20141066,22098.164.74$39,868
May 201406,45994.734.73$30,529
Apr 201406,13095.944.81$29,480
Mar 20141656,32195.895.06$47,786
Feb 201406,17797.406.19$38,248
Jan 201406,16190.404.86$29,947
Dec 201305,73891.824.35$24,986
Nov 20131255,64288.853.74$32,198
Oct 201305,78897.423.78$21,875
Sep 201305,680104.113.72$21,117
Aug 201306,253104.253.52$22,027
Jul 201306,731102.523.72$25,024
Jun 201305,55294.403.93$21,838
May 20131886,42394.834.15$44,478
Apr 201306,24193.964.28$26,728
Mar 201304,65393.623.91$18,207
Feb 2013011,19791.233.42$38,293
Jan 201308,67291.603.42$29,657
Dec 201201,97286.773.42$6,745
Nov 201204,86586.953.62$17,635
Oct 201203,69689.383.40$12,565
Sep 201204,73994.672.92$13,830
Aug 201207,01192.662.91$20,389
Jul 201204,36085.133.02$13,171
Jun 201206,06179.822.52$15,268
May 201204,02791.612.49$10,020
Apr 201203,077101.652.00$6,144
Mar 20120527105.052.22$1,171
Feb 201201,074101.102.57$2,760
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20111083.623.99$84
Aug 20112777483.404.15$5,463
Jul 20111678,04794.144.52$52,072
Jun 201107,85692.904.64$36,451
May 20111998,14098.134.40$55,383
Apr 201108,200105.964.33$35,533
Mar 201108,72096.364.06$35,380
Feb 20111497,05385.644.18$42,242
Jan 20111818,84086.504.59$56,221
Dec 201008,30685.734.35$36,112
Nov 201006,26280.843.80$23,766
Oct 20101827,87378.103.51$41,840
Sep 20101908,12472.633.98$46,129
Aug 201008,06873.684.42$35,655
Jul 201008,32972.554.74$39,450
Jun 20101798,61470.364.91$54,893
May 20101929,00671.124.24$51,797
Apr 201009,06181.694.12$37,356
Mar 20101919,71578.394.39$57,608
Feb 201008,81973.585.44$47,996
Jan 20101909,53674.365.96$71,002
Dec 20091949,57071.445.48$66,339
Nov 200908,26274.593.75$30,995
Oct 20091568,74572.544.11$47,260
Sep 20091908,87065.543.06$39,637
Aug 200909,29367.423.22$29,910
Jul 20091749,91861.133.46$44,998
Jun 20091819,60766.163.90$49,394
May 200909,61554.743.93$37,746
Apr 200915610,00646.773.59$43,193
Mar 20091739,38042.144.06$45,364
Feb 2009010,54732.814.63$48,864
Jan 200917310,99335.865.37$65,247
Dec 200815710,25637.105.98$67,126
Nov 200822311,52655.496.86$91,447
Oct 200818412,64175.246.92$101,345
Sep 200816412,629101.767.88$116,168
Aug 200818113,141114.228.48$132,149
Jul 2008014,598131.0811.39$166,263
Jun 200817312,762131.3313.03$189,043
May 200816814,110123.1711.57$184,006
Apr 200829014,987110.3110.45$188,677
Mar 200826417,053101.909.66$191,703
Feb 200816016,41692.538.77$158,783
Jan 200829419,97990.388.21$190,514
Dec 200740219,74388.337.30$179,671
Nov 200753525,84291.677.29$237,476
Oct 200755227,38582.856.92$235,292
Sep 200780324,99375.846.24$216,960
Aug 200742624,15869.066.39$183,739
Jul 200701,17070.906.39$7,474
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0

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                3,178 Mcf  × $  3.05 =     $9,680

────────────────────────────────────────────────────
Month total                                   $9,680

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/236149 is the state's own key, not one this site invented.