DAVID, WILLIAM

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 239043District 09Field 65280200GasSaveExport
Value, all time
$7.0 M
Apr 2008 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
218
no gaps in the span
Streams
1
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
GasProduction1,524,496 Mcf$7,045,275
Total$7,045,275

Every month this lease reported (218)

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

218 months

May 20263,327106.413.05$10,134
Apr 20263,32798.932.87$9,548
Mar 20263,44089.753.15$10,834
Feb 20263,05263.503.75$11,446
Jan 20263,47259.138.00$27,769
Dec 20253,59556.664.41$15,866
Nov 20253,32458.593.93$13,051
Oct 20253,46659.383.30$11,455
Sep 20253,30662.743.08$10,172
Aug 20253,42263.933.01$10,317
Jul 20253,31666.743.32$10,993
Jun 20253,31666.483.13$10,375
May 20253,53860.553.23$11,436
Apr 20253,33762.363.54$11,823
Mar 20253,43867.704.27$14,674
Feb 20253,31770.884.34$14,399
Jan 20253,64774.324.28$15,604
Dec 20243,68768.993.12$11,508
Nov 20243,58469.052.20$7,879
Oct 20243,72071.372.28$8,487
Sep 20243,52869.612.36$8,341
Aug 20243,61175.632.06$7,452
Jul 20243,13579.932.15$6,730
Jun 20243,58178.082.63$9,432
May 20243,37478.812.20$7,418
Apr 20243,66584.451.66$6,081
Mar 20243,82780.301.55$5,913
Feb 20243,58376.091.78$6,391
Jan 20244,07073.023.30$13,421
Dec 20233,90371.262.61$10,190
Nov 20233,76377.892.81$10,565
Oct 20233,87085.443.09$11,948
Sep 20233,66389.042.74$10,018
Aug 20233,79280.522.67$10,136
Jul 20233,87974.852.64$10,248
Jun 20233,80468.962.26$8,591
May 20233,93770.622.23$8,769
Apr 20233,85578.122.24$8,627
Mar 20233,91872.852.39$9,376
Feb 20233,57875.112.47$8,822
Jan 20234,00176.533.39$13,554
Dec 20224,04976.415.73$23,197
Nov 20223,92185.005.65$22,139
Oct 20224,08587.185.86$23,953
Sep 20223,92984.888.16$32,075
Aug 20224,08894.529.13$37,312
Jul 20224,147101.587.54$31,277
Jun 20223,891115.097.98$31,039
May 20223,985109.378.43$33,606
Apr 20223,895104.226.84$26,632
Mar 20224,340108.885.08$22,032
Feb 20224,18291.054.86$20,320
Jan 20224,54581.844.54$20,624
Dec 20214,71071.323.90$18,365
Nov 20214,16377.435.24$21,801
Oct 20214,78979.795.71$27,364
Sep 20214,48069.865.35$23,972
Aug 20213,97166.024.22$16,760
Jul 20214,05470.783.98$16,143
Jun 20214,67769.493.38$15,811
May 20214,82663.483.02$14,563
Apr 20214,75460.362.76$13,114
Mar 20215,27561.302.72$14,332
Feb 20213,12157.805.55$17,315
Jan 20213,31450.412.81$9,313
Dec 20204,32844.642.68$11,579
Nov 20203,11738.772.71$8,436
Oct 20202,69136.972.48$6,669
Sep 20202,51737.091.99$5,011
Aug 20203,39039.982.39$8,085
Jul 20203,79638.371.83$6,928
Jun 20202,87334.901.69$4,856
May 20203,31016.921.81$6,007
Apr 20203,15914.751.80$5,700
Mar 20203,15430.341.86$5,855
Feb 20203,07549.881.98$6,091
Jan 20203,33157.252.09$6,978
Dec 20193,16459.012.30$7,291
Nov 20193,32355.302.75$9,141
Oct 20193,78353.472.42$9,149
Sep 20193,85155.052.66$10,233
Aug 20194,12353.112.30$9,501
Jul 20193,93556.272.46$9,680
Jun 20194,04052.782.49$10,064
May 20194,56758.482.74$12,515
Apr 20194,38662.632.75$12,065
Mar 20193,93456.803.06$12,046
Feb 20193,66150.852.79$10,222
Jan 20194,11546.033.23$13,284
Dec 20184,18146.594.19$17,499
Nov 20184,10852.934.24$17,407
Oct 20184,32061.443.40$14,680
Sep 20184,33659.543.11$13,476
Aug 20184,69259.403.07$14,388
Jul 20184,66165.142.93$13,665
Jun 20184,36460.183.08$13,428
May 20184,78565.382.90$13,880
Apr 20184,60663.842.90$13,361
Mar 20184,79961.222.79$13,374
Feb 20184,32161.782.77$11,952
Jan 20184,58862.874.01$18,395
Dec 20174,81357.272.92$14,061
Nov 20174,72155.423.12$14,722
Oct 20175,04549.292.98$15,053
Sep 20174,90847.523.09$15,152
Aug 20175,26945.373.00$15,830
Jul 20175,38543.873.09$16,625
Jun 20175,23442.493.09$16,159
May 20175,47245.373.26$17,857
Apr 20175,25147.933.21$16,864
Mar 20175,34146.772.98$15,936
Feb 20174,23150.452.95$12,492
Jan 20175,20349.413.42$17,788
Dec 20165,18548.763.72$19,303
Nov 20165,45842.492.64$14,433
Oct 20165,76846.193.09$17,825
Sep 20165,50141.553.10$17,057
Aug 20165,53641.442.92$16,189
Jul 20165,37541.622.92$15,718
Jun 20165,48645.352.69$14,734
May 20165,71842.521.99$11,385
Apr 20165,44336.561.99$10,837
Mar 20165,10333.011.79$9,155
Feb 20164,64726.472.06$9,590
Jan 20165,30727.352.36$12,548
Dec 20155,33932.362.00$10,686
Nov 20155,25038.792.17$11,378
Oct 20155,35243.552.43$12,987
Sep 20154,93542.992.76$13,613
Aug 20155,78840.162.87$16,626
Jul 20155,89548.152.95$17,361
Jun 20155,69456.152.88$16,415
May 20155,82355.212.96$17,210
Apr 20155,72649.822.71$15,498
Mar 20155,99842.892.93$17,602
Feb 20155,50644.662.98$16,387
Jan 20156,02943.433.10$18,694
Dec 20146,33054.693.59$22,733
Nov 20146,05070.464.25$25,724
Oct 20146,31278.303.90$24,623
Sep 20146,16286.164.05$24,928
Aug 20146,38689.394.04$25,768
Jul 20146,65696.564.18$27,819
Jun 20146,66298.164.74$31,557
May 20146,80294.734.73$32,150
Apr 20146,63795.944.81$31,918
Mar 20146,72995.895.06$34,027
Feb 20146,15397.406.19$38,099
Jan 20146,79390.404.86$33,019
Dec 20136,89891.824.35$30,037
Nov 20136,87188.853.74$25,686
Oct 20137,28697.423.78$27,536
Sep 20136,974104.113.72$25,928
Aug 20137,328104.253.52$25,814
Jul 20137,353102.523.72$27,337
Jun 20137,32494.403.93$28,808
May 20137,71294.834.15$31,998
Apr 20137,53293.964.28$32,256
Mar 20137,88093.623.91$30,833
Feb 20137,39291.233.42$25,280
Jan 20138,14491.603.42$27,852
Dec 20128,37286.773.42$28,634
Nov 20127,89986.953.62$28,634
Oct 20128,00489.383.40$27,211
Sep 20127,75894.672.92$22,641
Aug 20127,93592.662.91$23,076
Jul 20127,89885.133.02$23,858
Jun 20128,10179.822.52$20,407
May 20128,31291.612.49$20,683
Apr 20128,148101.652.00$16,270
Mar 20128,502105.052.22$18,892
Feb 20128,336101.102.57$21,426
Jan 20128,97798.092.73$24,544
Dec 20119,10096.873.24$29,482
Nov 20118,97995.723.31$29,732
Oct 20119,30784.983.65$33,957
Sep 20118,89183.623.99$35,438
Aug 20119,25183.404.15$38,385
Jul 20119,51594.144.52$42,982
Jun 20119,44492.904.64$43,819
May 20119,96598.134.40$43,894
Apr 20119,711105.964.33$42,080
Mar 201110,47596.364.06$42,501
Feb 20119,64785.644.18$40,324
Jan 201111,12786.504.59$51,059
Dec 201011,18485.734.35$48,625
Nov 201011,31880.843.80$42,956
Oct 201012,01278.103.51$42,149
Sep 201012,12472.633.98$48,247
Aug 201012,95273.684.42$57,240
Jul 201013,64372.554.74$64,620
Jun 201013,23970.364.91$65,009
May 201014,64571.124.24$62,025
Apr 201013,47281.694.12$55,541
Mar 20109,03278.394.39$39,638
Feb 20109,72473.585.44$52,922
Jan 201010,91174.365.96$65,074
Dec 200911,37171.445.48$62,356
Nov 20099,76774.593.75$36,641
Oct 200910,81672.544.11$44,456
Sep 200912,51765.543.06$38,361
Aug 200913,22867.423.22$42,574
Jul 200914,32161.133.46$49,615
Jun 200914,74866.163.90$57,443
May 200916,65254.743.93$65,372
Apr 200916,94746.773.59$60,797
Mar 200918,95842.144.06$76,951
Feb 200917,01432.814.63$78,826
Jan 200919,00235.865.37$102,060
Dec 200820,53337.105.98$122,729
Nov 200822,75355.496.86$156,094
Oct 200825,25475.246.92$174,808
Sep 200825,280101.767.88$199,133
Aug 200828,385114.228.48$240,791
Jul 200832,685131.0811.39$372,264
Jun 200836,019131.3313.03$469,422
May 200844,685123.1711.57$517,197
Apr 20089,007110.3110.45$94,167

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
Gas                3,327 Mcf  × $  3.05 =    $10,134

────────────────────────────────────────────────────
Month total                                  $10,134

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/239043 is the state's own key, not one this site invented.