SMELLEY

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 239921District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.3 M
Oct 2007 – May 2026
Value, last 12 filed months
$86 k
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
CondensateDisposition3,991 bbl$309,539
GasProduction682,095 Mcf$2,961,600
Total$3,271,139

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 202601,287106.413.05$3,920
Apr 202601,37498.932.87$3,943
Mar 202601,94189.753.15$6,113
Feb 202601,79563.503.75$6,732
Jan 202601,98259.138.00$15,852
Dec 202501,95456.664.41$8,624
Nov 202501,99558.593.93$7,833
Oct 202502,11559.383.30$6,990
Sep 202502,05062.743.08$6,308
Aug 202502,08163.933.01$6,274
Jul 202502,18566.743.32$7,244
Jun 202502,00866.483.13$6,282
May 20251612,17860.553.23$16,789
Apr 202502,05362.363.54$7,274
Mar 202502,16867.704.27$9,254
Feb 202502,01370.884.34$8,738
Jan 202532,14274.324.28$9,388
Dec 202412,20168.993.12$6,939
Nov 202402,10169.052.20$4,619
Oct 202432,22071.372.28$5,279
Sep 202402,17269.612.36$5,135
Aug 202402,29275.632.06$4,730
Jul 202402,27779.932.15$4,888
Jun 202402,15178.082.63$5,666
May 202402,11078.812.20$4,639
Apr 202402,43684.451.66$4,042
Mar 202401,21780.301.55$1,880
Feb 202401,95076.091.78$3,478
Jan 202402,33673.023.30$7,703
Dec 202302,02171.262.61$5,276
Nov 202301,99377.892.81$5,595
Oct 202302,30485.443.09$7,113
Sep 202302,15089.042.74$5,880
Aug 20231112,17180.522.67$14,741
Jul 202302,21574.852.64$5,852
Jun 202302,30468.962.26$5,204
May 202302,52070.622.23$5,613
Apr 202302,36478.122.24$5,290
Mar 202301,90272.852.39$4,552
Feb 202301,98375.112.47$4,889
Jan 202301,62076.533.39$5,488
Dec 202202,01976.415.73$11,567
Nov 202202,02285.005.65$11,417
Oct 202202,30887.185.86$13,534
Sep 202202,20184.888.16$17,968
Aug 202202,34094.529.13$21,358
Jul 202202,341101.587.54$17,656
Jun 202202,256115.097.98$17,997
May 202202,405109.378.43$20,281
Apr 20221482,347104.226.84$31,472
Mar 202202,428108.885.08$12,326
Feb 202202,14791.054.86$10,432
Jan 202202,40081.844.54$10,890
Dec 202102,46171.323.90$9,596
Nov 202102,39277.435.24$12,527
Oct 202102,54179.795.71$14,519
Sep 202102,39969.865.35$12,837
Aug 202102,46466.024.22$10,400
Jul 202102,50370.783.98$9,967
Jun 202102,43569.493.38$8,232
May 202102,59063.483.02$7,816
Apr 202102,29660.362.76$6,333
Mar 202102,50961.302.72$6,817
Feb 202102,21257.805.55$12,272
Jan 202102,55250.412.81$7,172
Dec 202002,56644.642.68$6,865
Nov 202002,53638.772.71$6,864
Oct 202002,54536.972.48$6,308
Sep 20201512,51737.091.99$10,612
Aug 202002,56439.982.39$6,115
Jul 202002,64738.371.83$4,831
Jun 202002,56434.901.69$4,334
May 202002,63716.921.81$4,786
Apr 202002,57314.751.80$4,643
Mar 202002,64830.341.86$4,915
Feb 202002,53949.881.98$5,029
Jan 202002,68757.252.09$5,629
Dec 201902,72759.012.30$6,284
Nov 201902,62155.302.75$7,210
Oct 201902,69053.472.42$6,506
Sep 2019482,74455.052.66$9,934
Aug 201902,63853.112.30$6,079
Jul 201902,75156.272.46$6,768
Jun 201902,57852.782.49$6,422
May 201902,86658.482.74$7,854
Apr 201902,64162.632.75$7,265
Mar 201902,52256.803.06$7,723
Feb 201902,49550.852.79$6,967
Jan 201903,16346.033.23$10,211
Dec 20181523,40446.594.19$21,329
Nov 201803,08552.934.24$13,072
Oct 201803,17861.443.40$10,799
Sep 201803,19359.543.11$9,924
Aug 201803,44059.403.07$10,549
Jul 201803,39465.142.93$9,951
Jun 201803,07660.183.08$9,465
May 201803,33165.382.90$9,663
Apr 201803,11663.842.90$9,039
Mar 201803,23661.222.79$9,018
Feb 201803,12261.782.77$8,636
Jan 201844,02462.874.01$16,385
Dec 20171943,93557.272.92$22,607
Nov 201704,33155.423.12$13,506
Oct 201706,26249.292.98$18,684
Sep 201703,42847.523.09$10,583
Aug 201702,33645.373.00$7,018
Jul 201702,38943.873.09$7,376
Jun 201702,31542.493.09$7,147
May 201702,62945.373.26$8,579
Apr 201702,71347.933.21$8,713
Mar 201702,85446.772.98$8,515
Feb 201702,64650.452.95$7,813
Jan 201703,01749.413.42$10,315
Dec 201603,22248.763.72$11,995
Nov 2016982,69042.492.64$11,277
Oct 201602,61546.193.09$8,081
Sep 201602,41341.553.10$7,482
Aug 201602,44841.442.92$7,159
Jul 201601,88041.622.92$5,498
Jun 201601,68545.352.69$4,526
May 2016080342.521.99$1,599
Apr 201601,62236.561.99$3,229
Mar 201601,98233.011.79$3,556
Feb 201601,85826.472.06$3,834
Jan 201602,11127.352.36$4,991
Dec 201502,11832.362.00$4,239
Nov 201501,89438.792.17$4,105
Oct 20151762,01143.552.43$12,545
Sep 201501,61842.992.76$4,463
Aug 201501,44940.162.87$4,162
Jul 201501,67848.152.95$4,942
Jun 201501,94556.152.88$5,607
May 201502,09755.212.96$6,198
Apr 201502,12349.822.71$5,746
Mar 201502,38542.892.93$6,999
Feb 201501,93244.662.98$5,750
Jan 201502,36243.433.10$7,324
Dec 201402,52654.693.59$9,072
Nov 201402,45970.464.25$10,455
Oct 201402,60278.303.90$10,150
Sep 201402,47486.164.05$10,008
Aug 201402,51189.394.04$10,132
Jul 201402,73696.564.18$11,435
Jun 201402,79698.164.74$13,244
May 20141852,78594.734.73$30,689
Apr 201402,80395.944.81$13,480
Mar 201402,74395.895.06$13,871
Feb 201403,22697.406.19$19,975
Jan 201402,91390.404.86$14,159
Dec 201303,17091.824.35$13,804
Nov 201303,09488.853.74$11,566
Oct 201302,91297.423.78$11,006
Sep 201302,696104.113.72$10,023
Aug 20131713,108104.253.52$28,775
Jul 201302,803102.523.72$10,421
Jun 201302,70194.403.93$10,624
May 201302,74994.834.15$11,406
Apr 201302,45693.964.28$10,518
Mar 201302,81093.623.91$10,995
Feb 201302,42491.233.42$8,290
Jan 201303,14391.603.42$10,749
Dec 201202,98886.773.42$10,219
Nov 20121582,97086.953.62$24,504
Oct 201202,99289.383.40$10,172
Sep 201202,75794.672.92$8,046
Aug 201202,95292.662.91$8,585
Jul 201202,88685.133.02$8,718
Jun 20121172,81579.822.52$16,430
May 201202,96091.612.49$7,365
Apr 201202,846101.652.00$5,683
Mar 201202,938105.052.22$6,528
Feb 201202,865101.102.57$7,364
Jan 201203,14998.092.73$8,610
Dec 20111822,93296.873.24$27,129
Nov 201102,53495.723.31$8,391
Oct 201102,87984.983.65$10,504
Sep 201102,96683.623.99$11,822
Aug 201102,81483.404.15$11,676
Jul 201103,35094.144.52$15,133
Jun 201103,29692.904.64$15,293
May 201104,02298.134.40$17,716
Apr 2011853,253105.964.33$23,103
Mar 201103,33296.364.06$13,519
Feb 201105,65985.644.18$23,655
Jan 201103,62286.504.59$16,621
Dec 201004,05285.734.35$17,617
Nov 20101383,63280.843.80$24,941
Oct 201003,67578.103.51$12,895
Sep 201003,78272.633.98$15,050
Aug 201003,88673.684.42$17,174
Jul 201003,97372.554.74$18,818
Jun 201004,16070.364.91$20,427
May 20101734,22071.124.24$30,176
Apr 201004,24881.694.12$17,513
Mar 20102025,02678.394.39$37,892
Feb 201004,22873.585.44$23,010
Jan 201005,00874.365.96$29,868
Dec 200905,02871.445.48$27,572
Nov 200904,94474.593.75$18,547
Oct 200905,11672.544.11$21,028
Sep 20091944,68165.543.06$27,061
Aug 200904,63967.423.22$14,931
Jul 200905,35561.133.46$18,552
Jun 200904,84466.163.90$18,867
May 200904,77154.743.93$18,730
Apr 200904,66246.773.59$16,725
Mar 200904,40942.144.06$17,896
Feb 20091964,47632.814.63$27,168
Jan 200905,32935.865.37$28,622
Dec 200804,99137.105.98$29,832
Nov 20081815,30755.496.86$46,452
Oct 200805,76775.246.92$39,919
Sep 200805,879101.767.88$46,309
Aug 200806,250114.228.48$53,019
Jul 20081896,392131.0811.39$97,575
Jun 200806,549131.3313.03$85,351
May 200806,926123.1711.57$80,164
Apr 200805,992110.3110.45$62,646
Mar 20085704,443101.909.66$101,020
Feb 200806,63992.538.77$58,228
Jan 200807,80890.388.21$64,070
Dec 200708,56288.337.30$62,519
Nov 200708,76591.677.29$63,912
Oct 200709,51182.856.92$65,835

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                1,287 Mcf  × $  3.05 =     $3,920

────────────────────────────────────────────────────
Month total                                   $3,920

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/239921 is the state's own key, not one this site invented.