LITTLE PLACE

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 240141District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
May 2008 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
217
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
GasProduction824,338 Mcf$4,137,204
Total$4,137,204

Every month this lease reported (217)

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

217 months

May 2026230106.413.05$701
Apr 202623598.932.87$674
Mar 202625289.753.15$794
Feb 202623763.503.75$889
Jan 202626059.138.00$2,079
Dec 202526356.664.41$1,161
Nov 202525158.593.93$986
Oct 202526659.383.30$879
Sep 202526262.743.08$806
Aug 202527363.933.01$823
Jul 202525966.743.32$859
Jun 202524966.483.13$779
May 202523860.553.23$769
Apr 202525662.363.54$907
Mar 202526267.704.27$1,118
Feb 202525870.884.34$1,120
Jan 202526274.324.28$1,121
Dec 202416868.993.12$524
Nov 202447369.052.20$1,040
Oct 20242,77471.372.28$6,329
Sep 20241,53569.612.36$3,629
Aug 20242,20075.632.06$4,540
Jul 20242,57579.932.15$5,527
Jun 20242,44778.082.63$6,445
May 20242,59678.812.20$5,707
Apr 20241,95384.451.66$3,240
Mar 20242,16880.301.55$3,350
Feb 20242,52176.091.78$4,497
Jan 20243,06973.023.30$10,121
Dec 20233,43671.262.61$8,970
Nov 20233,45377.892.81$9,695
Oct 20233,80685.443.09$11,750
Sep 20233,95589.042.74$10,817
Aug 20233,78880.522.67$10,125
Jul 20233,36874.852.64$8,898
Jun 20234,36968.962.26$9,867
May 20234,00470.622.23$8,919
Apr 20233,55778.122.24$7,960
Mar 20232,63172.852.39$6,296
Feb 20234,43675.112.47$10,938
Jan 20233,58376.533.39$12,138
Dec 20222,32676.415.73$13,326
Nov 202238285.005.65$2,157
Oct 202225587.185.86$1,495
Sep 20222,23084.888.16$18,205
Aug 20221,46094.529.13$13,326
Jul 20223,545101.587.54$26,737
Jun 20223,400115.097.98$27,122
May 20222,947109.378.43$24,852
Apr 20223,509104.226.84$23,993
Mar 20224,509108.885.08$22,889
Feb 20224,01991.054.86$19,528
Jan 20224,21381.844.54$19,117
Dec 20214,61371.323.90$17,987
Nov 20214,44477.435.24$23,273
Oct 20213,79579.795.71$21,684
Sep 20214,32369.865.35$23,132
Aug 20214,59366.024.22$19,385
Jul 20214,63570.783.98$18,457
Jun 20214,69969.493.38$15,886
May 20215,03763.483.02$15,200
Apr 20214,97160.362.76$13,712
Mar 20215,25461.302.72$14,275
Feb 20214,26757.805.55$23,673
Jan 20215,10850.412.81$14,355
Dec 20205,26844.642.68$14,094
Nov 20205,14838.772.71$13,933
Oct 20205,03436.972.48$12,476
Sep 20204,43737.091.99$8,834
Aug 20204,35639.982.39$10,390
Jul 20203,84738.371.83$7,021
Jun 20204,33834.901.69$7,333
May 20204,54616.921.81$8,250
Apr 20204,10414.751.80$7,405
Mar 20203,97130.341.86$7,371
Feb 20204,03949.881.98$8,000
Jan 20204,42557.252.09$9,269
Dec 20193,94559.012.30$9,091
Nov 20193,85255.302.75$10,596
Oct 20194,07653.472.42$9,858
Sep 20193,85455.052.66$10,241
Aug 20193,90753.112.30$9,003
Jul 20193,50756.272.46$8,627
Jun 20194,08552.782.49$10,177
May 20194,53258.482.74$12,419
Apr 20193,84662.632.75$10,579
Mar 20194,05556.803.06$12,417
Feb 20193,52350.852.79$9,837
Jan 20195,90446.033.23$19,059
Dec 20185,31446.594.19$22,241
Nov 20185,71452.934.24$24,212
Oct 20184,56361.443.40$15,505
Sep 20184,12359.543.11$12,814
Aug 20185,09859.403.07$15,633
Jul 20184,31965.142.93$12,663
Jun 20184,95760.183.08$15,252
May 20185,56165.382.90$16,131
Apr 20185,91463.842.90$17,155
Mar 20185,84461.222.79$16,286
Feb 20185,37961.782.77$14,879
Jan 20185,22562.874.01$20,949
Dec 20173,80757.272.92$11,122
Nov 20174,87855.423.12$15,211
Oct 20175,74949.292.98$17,153
Sep 20176,01847.523.09$18,579
Aug 201753845.373.00$1,616
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 20122486.953.62$87
Oct 20121,68589.383.40$5,728
Sep 20122,52094.672.92$7,354
Aug 201267792.662.91$1,969
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201142196.873.24$1,364
Nov 201172495.723.31$2,397
Oct 20113,88584.983.65$14,175
Sep 20113,45383.623.99$13,763
Aug 20113,52683.404.15$14,631
Jul 20113,53294.144.52$15,955
Jun 20113,39692.904.64$15,757
May 20113,56498.134.40$15,699
Apr 20113,497105.964.33$15,153
Mar 20113,10996.364.06$12,614
Feb 20111,07485.644.18$4,489
Jan 20114,67486.504.59$21,448
Dec 20104,47185.734.35$19,439
Nov 20102,76580.843.80$10,494
Oct 20104,11678.103.51$14,443
Sep 20105,32172.633.98$21,175
Aug 20105,41673.684.42$23,935
Jul 20105,75772.554.74$27,268
Jun 20107,85670.364.91$38,576
May 20109,69671.124.24$41,065
Apr 20108,33781.694.12$34,371
Mar 20108,91278.394.39$39,112
Feb 20109,99373.585.44$54,386
Jan 20109,72374.365.96$57,989
Dec 20099,90871.445.48$54,333
Nov 20096,97474.593.75$26,163
Oct 20097,73672.544.11$31,797
Sep 200910,12865.543.06$31,040
Aug 200911,61767.423.22$37,389
Jul 200911,72761.133.46$40,628
Jun 200915,04766.163.90$58,608
May 200917,04354.743.93$66,907
Apr 200917,34146.773.59$62,211
Mar 200918,92242.144.06$76,804
Feb 200917,04832.814.63$78,983
Jan 200921,59235.865.37$115,971
Dec 200819,94037.105.98$119,184
Nov 200817,36155.496.86$119,103
Oct 200820,79875.246.92$143,963
Sep 200824,033101.767.88$189,310
Aug 200828,325114.228.48$240,282
Jul 200831,311131.0811.39$356,614
Jun 200835,441131.3313.03$461,889
May 200812,610123.1711.57$145,952

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                  230 Mcf  × $  3.05 =       $701

────────────────────────────────────────────────────
Month total                                     $701

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/240141 is the state's own key, not one this site invented.