CAIN, OWEN

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 238475District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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
CondensateDisposition4 bbl$282
GasProduction1,157,665 Mcf$6,110,203
Total$6,110,486

Every month this lease reported (219)

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

219 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 2023044568.962.26$1,005
May 202343,32370.622.23$7,684
Apr 202303,50578.122.24$7,843
Mar 202303,84072.852.39$9,190
Feb 202304,77575.112.47$11,774
Jan 202306,74976.533.39$22,864
Dec 202203,21376.415.73$18,408
Nov 202203,88285.005.65$21,919
Oct 202203,27087.185.86$19,175
Sep 202207,14984.888.16$58,362
Aug 202202,38194.529.13$21,732
Jul 202204,936101.587.54$37,228
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 202002,28316.921.81$4,143
Apr 202002,32614.751.80$4,197
Mar 202002,61330.341.86$4,850
Feb 202002,41449.881.98$4,781
Jan 202002,58357.252.09$5,411
Dec 201902,14959.012.30$4,952
Nov 201902,43055.302.75$6,684
Oct 201902,55753.472.42$6,184
Sep 201901,83955.052.66$4,887
Aug 201901,82553.112.30$4,205
Jul 201901,98056.272.46$4,871
Jun 201901,76752.782.49$4,402
May 201902,10058.482.74$5,755
Apr 201902,00662.632.75$5,518
Mar 201902,24956.803.06$6,887
Feb 201902,29650.852.79$6,411
Jan 201901,92846.033.23$6,224
Dec 201801,73846.594.19$7,274
Nov 201801,64952.934.24$6,987
Oct 201801,99061.443.40$6,762
Sep 201802,30159.543.11$7,152
Aug 201802,37259.403.07$7,274
Jul 201802,47365.142.93$7,251
Jun 201802,18960.183.08$6,735
May 201805,26965.382.90$15,284
Apr 201805,30163.842.90$15,377
Mar 201805,45461.222.79$15,199
Feb 201805,44461.782.77$15,059
Jan 201805,84262.874.01$23,422
Dec 201705,97857.272.92$17,465
Nov 201706,22755.423.12$19,418
Oct 201707,08349.292.98$21,133
Sep 201706,85147.523.09$21,151
Aug 201704,32445.373.00$12,991
Jul 201704,91843.873.09$15,183
Jun 201705,35742.493.09$16,539
May 201705,22345.373.26$17,045
Apr 201705,13447.933.21$16,488
Mar 201705,05746.772.98$15,088
Feb 201702,88450.452.95$8,515
Jan 201703,41849.413.42$11,685
Dec 201603,60348.763.72$13,413
Nov 201603,77042.492.64$9,969
Oct 201603,55846.193.09$10,995
Sep 201603,93641.553.10$12,204
Aug 201603,66741.442.92$10,724
Jul 201603,92041.622.92$11,463
Jun 201604,00545.352.69$10,757
May 201603,66942.521.99$7,305
Apr 201603,54836.561.99$7,064
Mar 201604,15633.011.79$7,456
Feb 201603,84026.472.06$7,924
Jan 201604,41327.352.36$10,434
Dec 201504,25532.362.00$8,516
Nov 201504,09438.792.17$8,873
Oct 201504,35043.552.43$10,556
Sep 201504,31742.992.76$11,908
Aug 201504,53240.162.87$13,018
Jul 201504,52648.152.95$13,329
Jun 201504,73556.152.88$13,650
May 201502,47855.212.96$7,324
Apr 201505,18549.822.71$14,034
Mar 201505,15642.892.93$15,131
Feb 201504,49244.662.98$13,369
Jan 201505,37543.433.10$16,666
Dec 201405,83654.693.59$20,959
Nov 201405,26470.464.25$22,382
Oct 201405,56278.303.90$21,697
Sep 201405,19386.164.05$21,008
Aug 201406,24589.394.04$25,199
Jul 201405,11096.564.18$21,358
Jun 201405,83998.164.74$27,659
May 201403,06294.734.73$14,473
Apr 2014084095.944.81$4,040
Mar 2014086895.895.06$4,389
Feb 2014078497.406.19$4,855
Jan 201405,28590.404.86$25,689
Dec 201304,92091.824.35$21,424
Nov 201305,72388.853.74$21,394
Oct 201306,12197.423.78$23,133
Sep 201305,760104.113.72$21,414
Aug 201306,208104.253.52$21,868
Jul 201305,138102.523.72$19,102
Jun 201306,11994.403.93$24,069
May 201306,50994.834.15$27,006
Apr 201305,30693.964.28$22,723
Mar 201303,94893.623.91$15,448
Feb 201305,73891.233.42$19,623
Jan 201305,78991.603.42$19,798
Dec 201205,84486.773.42$19,987
Nov 201205,17086.953.62$18,741
Oct 201205,97889.383.40$20,323
Sep 201206,32894.672.92$18,468
Aug 201207,18092.662.91$20,881
Jul 201207,77785.133.02$23,493
Jun 201208,05379.822.52$20,286
May 201202,35891.612.49$5,867
Apr 201203,829101.652.00$7,646
Mar 201200105.052.22$0
Feb 201201,637101.102.57$4,207
Jan 201208,00498.092.73$21,884
Dec 201101,60496.873.24$5,197
Nov 20110695.723.31$20
Oct 201102,27884.983.65$8,311
Sep 201103,17483.623.99$12,651
Aug 201107,09783.404.15$29,448
Jul 201105,12994.144.52$23,169
Jun 201107,39992.904.64$34,330
May 201106,29898.134.40$27,742
Apr 201107,729105.964.33$33,492
Mar 201105,71296.364.06$23,176
Feb 201107,43485.644.18$31,074
Jan 201108,65686.504.59$39,720
Dec 201009,96585.734.35$43,325
Nov 2010010,58280.843.80$40,162
Oct 2010011,52178.103.51$40,426
Sep 2010011,52372.633.98$45,855
Aug 2010010,10473.684.42$44,653
Jul 201008,57772.554.74$40,625
Jun 2010010,94170.364.91$53,725
May 2010012,74671.124.24$53,982
Apr 2010011,88781.694.12$49,006
Mar 201009,77378.394.39$42,890
Feb 201009,64673.585.44$52,497
Jan 2010011,36174.365.96$67,758
Dec 2009014,00471.445.48$76,794
Nov 2009014,32374.593.75$53,733
Oct 2009015,98772.544.11$65,711
Sep 2009016,12265.543.06$49,410
Aug 2009016,74967.423.22$53,907
Jul 2009016,58661.133.46$57,462
Jun 2009018,53166.163.90$72,178
May 2009017,00554.743.93$66,757
Apr 2009017,94546.773.59$64,378
Mar 2009011,98542.144.06$48,647
Feb 200909,28932.814.63$43,036
Jan 2009019,49135.865.37$104,686
Dec 2008022,66437.105.98$135,466
Nov 2008024,57355.496.86$168,580
Oct 2008025,12775.246.92$173,929
Sep 2008026,443101.767.88$208,294
Aug 2008031,153114.228.48$264,272
Jul 2008027,901131.0811.39$317,776
Jun 2008027,847131.3313.03$362,920
May 2008034,571123.1711.57$400,135
Apr 2008046,152110.3110.45$482,513
Mar 2008043,881101.909.66$424,069

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                  445 Mcf  × $  2.26 =     $1,005

────────────────────────────────────────────────────
Month total                                   $1,005

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/238475 is the state's own key, not one this site invented.