SNODGRESS, RANDAL

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 240152District 09Field 65280200GasSaveExport
Value, all time
$11.4 M
May 2008 – May 2026
Value, last 12 filed months
$165 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
GasProduction2,421,903 Mcf$11,424,363
Total$11,424,363

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 20263,681106.413.05$11,212
Apr 20263,46998.932.87$9,955
Mar 20263,54689.753.15$11,168
Feb 20263,24163.503.75$12,155
Jan 20263,55259.138.00$28,409
Dec 20253,63656.664.41$16,047
Nov 20253,65758.593.93$14,359
Oct 20253,85259.383.30$12,730
Sep 20253,86962.743.08$11,905
Aug 20253,90563.933.01$11,773
Jul 20253,97566.743.32$13,178
Jun 20253,87966.483.13$12,136
May 20253,61260.553.23$11,675
Apr 20253,70762.363.54$13,134
Mar 20253,30567.704.27$14,107
Feb 20252,78870.884.34$12,102
Jan 20253,17274.324.28$13,572
Dec 20243,05868.993.12$9,545
Nov 20243,01669.052.20$6,631
Oct 20243,73071.372.28$8,510
Sep 20243,09569.612.36$7,318
Aug 20243,20075.632.06$6,604
Jul 20243,53879.932.15$7,595
Jun 20243,83878.082.63$10,109
May 20243,37578.812.20$7,420
Apr 20243,10284.451.66$5,147
Mar 20243,15480.301.55$4,873
Feb 20242,97076.091.78$5,297
Jan 20243,16573.023.30$10,437
Dec 20233,01971.262.61$7,882
Nov 20232,97777.892.81$8,358
Oct 20233,14785.443.09$9,716
Sep 20233,16189.042.74$8,645
Aug 20232,77780.522.67$7,423
Jul 20233,17074.852.64$8,375
Jun 20233,33968.962.26$7,541
May 20233,43270.622.23$7,644
Apr 20233,31778.122.24$7,423
Mar 20233,04072.852.39$7,275
Feb 20231,39975.112.47$3,449
Jan 20232,82576.533.39$9,570
Dec 20224,02176.415.73$23,037
Nov 20224,11185.005.65$23,212
Oct 20224,27687.185.86$25,073
Sep 20224,16384.888.16$33,985
Aug 20223,99494.529.13$36,454
Jul 20223,939101.587.54$29,708
Jun 20223,792115.097.98$30,250
May 20223,739109.378.43$31,531
Apr 20223,649104.226.84$24,950
Mar 20223,926108.885.08$19,930
Feb 20223,63791.054.86$17,672
Jan 20224,16381.844.54$18,890
Dec 20214,24271.323.90$16,540
Nov 20214,43377.435.24$23,215
Oct 20214,55979.795.71$26,050
Sep 20214,49369.865.35$24,042
Aug 20214,61766.024.22$19,486
Jul 20214,52270.783.98$18,007
Jun 20214,62769.493.38$15,642
May 20214,75463.483.02$14,346
Apr 20214,60760.362.76$12,708
Mar 20214,71061.302.72$12,797
Feb 20214,42757.805.55$24,561
Jan 20215,19350.412.81$14,594
Dec 20205,21744.642.68$13,958
Nov 20204,85838.772.71$13,149
Oct 20204,78836.972.48$11,867
Sep 20204,67637.091.99$9,310
Aug 20205,50739.982.39$13,135
Jul 20205,74038.371.83$10,476
Jun 20205,17734.901.69$8,751
May 20205,75616.921.81$10,446
Apr 20205,66514.751.80$10,222
Mar 20206,11830.341.86$11,356
Feb 20206,21649.881.98$12,312
Jan 20206,70657.252.09$14,047
Dec 20196,85359.012.30$15,792
Nov 20196,69455.302.75$18,413
Oct 20197,26653.472.42$17,573
Sep 20197,12055.052.66$18,920
Aug 20196,99753.112.30$16,124
Jul 20196,98356.272.46$17,179
Jun 20196,69152.782.49$16,669
May 20197,13458.482.74$19,549
Apr 20196,92762.632.75$19,054
Mar 20197,36556.803.06$22,552
Feb 20196,82450.852.79$19,054
Jan 20197,74146.033.23$24,989
Dec 20187,95046.594.19$33,274
Nov 20186,94552.934.24$29,428
Oct 20187,02061.443.40$23,855
Sep 20186,87759.543.11$21,374
Aug 20187,18859.403.07$22,042
Jul 20187,21165.142.93$21,142
Jun 20187,71760.183.08$23,745
May 20188,42765.382.90$24,445
Apr 20188,04763.842.90$23,343
Mar 20188,49261.222.79$23,666
Feb 20187,68861.782.77$21,266
Jan 20188,76162.874.01$35,126
Dec 20178,62457.272.92$25,195
Nov 20178,51855.423.12$26,562
Oct 20179,25949.292.98$27,626
Sep 20178,64847.523.09$26,699
Aug 20179,05945.373.00$27,217
Jul 20179,28743.873.09$28,672
Jun 20178,98042.493.09$27,724
May 20179,43845.373.26$30,800
Apr 20179,15247.933.21$29,393
Mar 20179,83446.772.98$29,342
Feb 20179,26150.452.95$27,344
Jan 20179,24149.413.42$31,593
Dec 20169,22448.763.72$34,339
Nov 201610,05342.492.64$26,584
Oct 201610,58946.193.09$32,723
Sep 201610,89241.553.10$33,772
Aug 201611,50141.442.92$33,633
Jul 201610,90541.622.92$31,890
Jun 201610,92145.352.69$29,332
May 201611,20442.521.99$22,308
Apr 201610,39236.561.99$20,691
Mar 201610,61333.011.79$19,040
Feb 20169,64326.472.06$19,900
Jan 20169,93427.352.36$23,488
Dec 201510,29032.362.00$20,595
Nov 20159,49538.792.17$20,579
Oct 20159,87243.552.43$23,955
Sep 20159,54242.992.76$26,321
Aug 20159,83340.162.87$28,245
Jul 201510,61048.152.95$31,247
Jun 201510,24456.152.88$29,532
May 201510,66755.212.96$31,526
Apr 201510,31749.822.71$27,924
Mar 201510,87642.892.93$31,918
Feb 201510,13644.662.98$30,167
Jan 201511,76043.433.10$36,463
Dec 201412,18454.693.59$43,757
Nov 201411,57470.464.25$49,211
Oct 201412,14978.303.90$47,393
Sep 201411,91486.164.05$48,197
Aug 201412,27089.394.04$49,511
Jul 201412,55396.564.18$52,467
Jun 201412,65798.164.74$59,955
May 201413,48494.734.73$63,733
Apr 201413,65895.944.81$65,683
Mar 201413,42095.895.06$67,862
Feb 201410,87897.406.19$67,357
Jan 201411,08490.404.86$53,876
Dec 201310,93191.824.35$47,599
Nov 201310,96288.853.74$40,979
Oct 201311,78797.423.78$44,547
Sep 201311,261104.113.72$41,865
Aug 201312,010104.253.52$42,307
Jul 201312,055102.523.72$44,817
Jun 201312,32894.403.93$48,491
May 201313,12194.834.15$54,440
Apr 201313,24793.964.28$56,731
Mar 201314,13693.623.91$55,312
Feb 201313,05591.233.42$44,647
Jan 201314,50991.603.42$49,619
Dec 201215,83086.773.42$54,141
Nov 201214,85586.953.62$53,849
Oct 201212,66189.383.40$43,043
Sep 201211,71794.672.92$34,195
Aug 201212,42792.662.91$36,140
Jul 201212,74185.133.02$38,488
Jun 201213,36879.822.52$33,675
May 201214,02591.612.49$34,899
Apr 201213,248101.652.00$26,454
Mar 201213,570105.052.22$30,154
Feb 201212,816101.102.57$32,940
Jan 201212,01798.092.73$32,855
Dec 201112,00996.873.24$38,906
Nov 201111,45895.723.31$37,941
Oct 201111,53584.983.65$42,086
Sep 201111,98983.623.99$47,786
Aug 201112,68583.404.15$52,634
Jul 201112,37294.144.52$55,887
Jun 201110,78692.904.64$50,046
May 201111,13298.134.40$49,034
Apr 201113,611105.964.33$58,980
Mar 201113,82596.364.06$56,093
Feb 201110,06685.644.18$42,076
Jan 201114,14486.504.59$64,904
Dec 201014,00185.734.35$60,873
Nov 201014,63880.843.80$55,556
Oct 201015,40078.103.51$54,037
Sep 201015,55672.633.98$61,905
Aug 201016,30473.684.42$72,053
Jul 201017,19572.554.74$81,444
Jun 201014,38870.364.91$70,651
May 201018,33371.124.24$77,644
Apr 201018,29781.694.12$75,433
Mar 20108,20478.394.39$36,005
Feb 201013,99173.585.44$76,144
Jan 201019,70474.365.96$117,516
Dec 200918,63371.445.48$102,179
Nov 200918,70974.593.75$70,187
Oct 200921,09872.544.11$86,718
Sep 200922,10265.543.06$67,737
Aug 200924,36167.423.22$78,406
Jul 200927,03461.133.46$93,659
Jun 200927,07866.163.90$105,469
May 200930,22254.743.93$118,644
Apr 200930,34946.773.59$108,877
Mar 200934,28142.144.06$139,147
Feb 200933,64332.814.63$155,868
Jan 200940,70035.865.37$218,600
Dec 200844,06337.105.98$263,371
Nov 200848,54155.496.86$333,009
Oct 200855,50075.246.92$384,170
Sep 200858,990101.767.88$464,670
Aug 200872,776114.228.48$617,360
Jul 200883,870131.0811.39$955,231
Jun 200895,814131.3313.03$1,248,708
May 20085,574123.1711.57$64,515

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                3,681 Mcf  × $  3.05 =    $11,212

────────────────────────────────────────────────────
Month total                                  $11,212

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/240152 is the state's own key, not one this site invented.