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 240154District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
May 2008 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
217
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 bbl$242
GasProduction1,810,116 Mcf$9,257,508
Total$9,257,749

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 202602,641106.413.05$8,044
Apr 202602,45398.932.87$7,039
Mar 202602,70389.753.15$8,513
Feb 202602,43863.503.75$9,143
Jan 202603,26059.138.00$26,073
Dec 202503,04856.664.41$13,452
Nov 202502,66758.593.93$10,472
Oct 202502,70059.383.30$8,923
Sep 202502,90862.743.08$8,948
Aug 202502,93663.933.01$8,851
Jul 202502,80266.743.32$9,289
Jun 202502,87466.483.13$8,992
May 202503,14060.553.23$10,149
Apr 202503,00062.363.54$10,629
Mar 202503,27867.704.27$13,992
Feb 202503,10470.884.34$13,474
Jan 202503,43674.324.28$14,702
Dec 202403,49368.993.12$10,903
Nov 202403,30969.052.20$7,275
Oct 202403,35571.372.28$7,654
Sep 202403,44169.612.36$8,136
Aug 202403,50975.632.06$7,241
Jul 202403,37779.932.15$7,249
Jun 202403,37378.082.63$8,884
May 202403,13378.812.20$6,888
Apr 202402,31584.451.66$3,841
Mar 202403,00680.301.55$4,645
Feb 202402,43776.091.78$4,347
Jan 202402,17673.023.30$7,176
Dec 202303,69571.262.61$9,647
Nov 202304,21077.892.81$11,820
Oct 202305,13285.443.09$15,844
Sep 202303,12089.042.74$8,533
Aug 2023349280.522.67$1,557
Jul 202301,00974.852.64$2,666
Jun 202301,16568.962.26$2,631
May 202302,95970.622.23$6,591
Apr 202304,16078.122.24$9,309
Mar 202304,72372.852.39$11,303
Feb 202304,13975.112.47$10,205
Jan 202303,68576.533.39$12,484
Dec 202203,47776.415.73$19,920
Nov 202203,52885.005.65$19,920
Oct 202203,62287.185.86$21,239
Sep 202203,14684.888.16$25,683
Aug 202204,08094.529.13$37,239
Jul 202204,672101.587.54$35,237
Jun 202204,371115.097.98$34,868
May 202204,654109.378.43$39,247
Apr 202204,604104.226.84$31,480
Mar 202204,870108.885.08$24,722
Feb 202203,23291.054.86$15,704
Jan 202204,07081.844.54$18,468
Dec 202104,05171.323.90$15,795
Nov 202103,55777.435.24$18,627
Oct 202104,43779.795.71$25,352
Sep 202104,63069.865.35$24,775
Aug 202104,30866.024.22$18,182
Jul 202104,14270.783.98$16,494
Jun 202104,29269.493.38$14,510
May 202104,33063.483.02$13,067
Apr 202104,22960.362.76$11,665
Mar 202104,81361.302.72$13,077
Feb 202104,52757.805.55$25,116
Jan 202104,82450.412.81$13,557
Dec 202004,61944.642.68$12,358
Nov 202003,86338.772.71$10,455
Oct 202003,99536.972.48$9,901
Sep 202004,02937.091.99$8,022
Aug 202004,01839.982.39$9,583
Jul 202003,67038.371.83$6,698
Jun 202003,13734.901.69$5,303
May 202002,56616.921.81$4,657
Apr 202003,65214.751.80$6,590
Mar 202003,72330.341.86$6,911
Feb 202003,63549.881.98$7,200
Jan 202003,78557.252.09$7,929
Dec 201903,99259.012.30$9,199
Nov 201903,88855.302.75$10,695
Oct 201902,65853.472.42$6,428
Sep 201902,29555.052.66$6,098
Aug 201902,79253.112.30$6,434
Jul 201905,01456.272.46$12,335
Jun 201905,09152.782.49$12,683
May 201904,04458.482.74$11,082
Apr 201905,31662.632.75$14,623
Mar 201905,38556.803.06$16,489
Feb 201903,87650.852.79$10,823
Jan 201904,54946.033.23$14,685
Dec 201802,30446.594.19$9,643
Nov 201802,66952.934.24$11,309
Oct 201802,92561.443.40$9,939
Sep 201802,65459.543.11$8,249
Aug 201802,84359.403.07$8,718
Jul 201802,86565.142.93$8,400
Jun 201802,96860.183.08$9,132
May 201803,10265.382.90$8,998
Apr 201803,25563.842.90$9,442
Mar 201803,15861.222.79$8,801
Feb 201802,80761.782.77$7,765
Jan 201802,84462.874.01$11,403
Dec 201702,93157.272.92$8,563
Nov 201702,95655.423.12$9,218
Oct 201703,08149.292.98$9,193
Sep 201702,92247.523.09$9,021
Aug 201703,04745.373.00$9,154
Jul 201703,09043.873.09$9,540
Jun 201703,04542.493.09$9,401
May 201702,92845.373.26$9,555
Apr 201702,83247.933.21$9,095
Mar 201703,30646.772.98$9,864
Feb 201702,70350.452.95$7,981
Jan 201702,95949.413.42$10,116
Dec 201602,90448.763.72$10,811
Nov 201603,28242.492.64$8,679
Oct 201603,28446.193.09$10,148
Sep 201603,36141.553.10$10,421
Aug 201604,02341.442.92$11,765
Jul 201604,37841.622.92$12,803
Jun 201603,00245.352.69$8,063
May 201603,46342.521.99$6,895
Apr 201603,13836.561.99$6,248
Mar 201603,54333.011.79$6,356
Feb 201603,06526.472.06$6,325
Jan 201603,08927.352.36$7,304
Dec 201502,93832.362.00$5,880
Nov 201502,80938.792.17$6,088
Oct 201503,18043.552.43$7,717
Sep 201503,24142.992.76$8,940
Aug 201503,28540.162.87$9,436
Jul 201503,45648.152.95$10,178
Jun 201503,21856.152.88$9,277
May 201502,82855.212.96$8,358
Apr 201502,40749.822.71$6,515
Mar 201503,11442.892.93$9,139
Feb 201502,68244.662.98$7,982
Jan 201503,24143.433.10$10,049
Dec 201404,30054.693.59$15,443
Nov 201404,07370.464.25$17,318
Oct 201404,01278.303.90$15,651
Sep 201404,08886.164.05$16,538
Aug 201404,26489.394.04$17,206
Jul 201404,34496.564.18$18,156
Jun 201404,27998.164.74$20,269
May 201404,17094.734.73$19,710
Apr 201404,28995.944.81$20,626
Mar 201404,77595.895.06$24,146
Feb 201407,38897.406.19$45,747
Jan 201408,16190.404.86$39,668
Dec 201309,54891.824.35$41,577
Nov 2013010,32888.853.74$38,609
Oct 201309,76697.423.78$36,909
Sep 201309,300104.113.72$34,575
Aug 2013011,420104.253.52$40,228
Jul 2013011,876102.523.72$44,152
Jun 2013011,96294.403.93$47,051
May 2013015,47394.834.15$64,199
Apr 2013012,55293.964.28$53,755
Mar 2013013,09893.623.91$51,251
Feb 2013012,75591.233.42$43,621
Jan 2013011,09991.603.42$37,958
Dec 201206,58786.773.42$22,529
Nov 201202,91486.953.62$10,563
Oct 2012010,14789.383.40$34,497
Sep 201209,83594.672.92$28,702
Aug 2012010,22392.662.91$29,730
Jul 2012011,31385.133.02$34,174
Jun 201209,44779.822.52$23,797
May 2012011,42291.612.49$28,422
Apr 2012011,446101.652.00$22,855
Mar 2012012,490105.052.22$27,754
Feb 2012011,586101.102.57$29,779
Jan 2012012,47298.092.73$34,099
Dec 2011013,19496.873.24$42,745
Nov 2011012,77595.723.31$42,302
Oct 2011013,17284.983.65$48,059
Sep 2011013,46383.623.99$53,661
Aug 2011013,70383.404.15$56,858
Jul 2011013,27094.144.52$59,944
Jun 2011013,17892.904.64$61,144
May 2011014,18398.134.40$62,474
Apr 2011014,057105.964.33$60,913
Mar 2011014,72496.364.06$59,740
Feb 2011014,34785.644.18$59,970
Jan 2011015,71686.504.59$72,117
Dec 2010015,45285.734.35$67,181
Nov 2010016,30880.843.80$61,894
Oct 2010017,04278.103.51$59,799
Sep 2010018,30272.633.98$72,832
Aug 2010019,27273.684.42$85,170
Jul 2010019,34072.554.74$91,604
Jun 2010019,33970.364.91$94,962
May 2010020,78871.124.24$88,042
Apr 2010022,25781.694.12$91,759
Mar 2010024,29178.394.39$106,605
Feb 201004,32373.585.44$23,527
Jan 201001,31374.365.96$7,831
Dec 200901,90471.445.48$10,441
Nov 200903,01674.593.75$11,315
Oct 200903,66572.544.11$15,064
Sep 200904,56265.543.06$13,981
Aug 200907,08267.423.22$22,793
Jul 2009023,52261.133.46$81,492
Jun 2009024,27766.163.90$94,559
May 2009026,76654.743.93$105,077
Apr 2009027,48646.773.59$98,606
Mar 2009032,20342.144.06$130,712
Feb 2009031,67632.814.63$146,755
Jan 2009038,99635.865.37$209,448
Dec 2008043,01037.105.98$257,077
Nov 2008047,98455.496.86$329,188
Oct 2008055,21575.246.92$382,197
Sep 2008040,011101.767.88$315,170
Aug 2008072,019114.228.48$610,939
Jul 2008080,805131.0811.39$920,323
Jun 2008088,288131.3313.03$1,150,625
May 2008010,634123.1711.57$123,081

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                2,641 Mcf  × $  3.05 =     $8,044

────────────────────────────────────────────────────
Month total                                   $8,044

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/240154 is the state's own key, not one this site invented.