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 240529District 09Field 65280200GasSaveExport
Value, all time
$12.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$280 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
GasProduction2,820,809 Mcf$12,476,196
Total$12,476,196

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 20266,683106.413.05$20,355
Apr 20266,09398.932.87$17,485
Mar 20266,51989.753.15$20,531
Feb 20265,70963.503.75$21,411
Jan 20266,82659.138.00$54,594
Dec 20256,82556.664.41$30,121
Nov 20256,04958.593.93$23,751
Oct 20255,52459.383.30$18,256
Sep 20255,81862.743.08$17,902
Aug 20255,52863.933.01$16,666
Jul 20256,14866.743.32$20,382
Jun 20256,01866.483.13$18,829
May 20256,28560.553.23$20,315
Apr 20256,13662.363.54$21,741
Mar 20256,55567.704.27$27,979
Feb 20255,41170.884.34$23,488
Jan 20256,53574.324.28$27,961
Dec 20246,72868.993.12$21,001
Nov 20246,54469.052.20$14,387
Oct 20246,84571.372.28$15,616
Sep 20246,50569.612.36$15,380
Aug 20246,75475.632.06$13,938
Jul 20246,64379.932.15$14,260
Jun 20246,55278.082.63$17,258
May 20247,07478.812.20$15,552
Apr 20246,81184.451.66$11,301
Mar 20247,01880.301.55$10,844
Feb 20246,89376.091.78$12,295
Jan 20245,94873.023.30$19,614
Dec 20237,20571.262.61$18,810
Nov 20237,04577.892.81$19,779
Oct 20237,20785.443.09$22,250
Sep 20236,83389.042.74$18,689
Aug 20237,48080.522.67$19,993
Jul 20237,17574.852.64$18,955
Jun 20237,04168.962.26$15,902
May 20237,20070.622.23$16,037
Apr 20237,12878.122.24$15,951
Mar 20237,29072.852.39$17,446
Feb 20236,61975.112.47$16,320
Jan 20237,50776.533.39$25,432
Dec 20227,51876.415.73$43,071
Nov 20227,37385.005.65$41,629
Oct 20227,77687.185.86$45,597
Sep 20227,47184.888.16$60,991
Aug 20227,74394.529.13$70,672
Jul 20227,774101.587.54$58,632
Jun 20227,605115.097.98$60,667
May 20227,854109.378.43$66,233
Apr 20227,678104.226.84$52,499
Mar 20227,930108.885.08$40,256
Feb 20227,01291.054.86$34,070
Jan 20227,83181.844.54$35,535
Dec 20217,93571.323.90$30,940
Nov 20217,87977.435.24$41,261
Oct 20218,13979.795.71$46,505
Sep 20217,86169.865.35$42,064
Aug 20218,14566.024.22$34,377
Jul 20218,20570.783.98$32,673
Jun 20217,97669.493.38$26,964
May 20218,31963.483.02$25,104
Apr 20218,03660.362.76$22,167
Mar 20218,40561.302.72$22,836
Feb 20217,87757.805.55$43,701
Jan 20218,66550.412.81$24,351
Dec 20208,74144.642.68$23,386
Nov 20208,55238.772.71$23,147
Oct 20208,94036.972.48$22,157
Sep 20208,75537.091.99$17,432
Aug 20209,08339.982.39$21,664
Jul 20209,10738.371.83$16,621
Jun 20208,00234.901.69$13,526
May 20208,66916.921.81$15,732
Apr 20208,68914.751.80$15,678
Mar 20208,85430.341.86$16,435
Feb 20208,57249.881.98$16,978
Jan 20209,29557.252.09$19,471
Dec 20199,17459.012.30$21,140
Nov 20198,84255.302.75$24,322
Oct 20199,15653.472.42$22,144
Sep 20198,99255.052.66$23,894
Aug 20199,33653.112.30$21,514
Jul 20199,53456.272.46$23,454
Jun 20198,78452.782.49$21,883
May 20199,37958.482.74$25,701
Apr 20199,23962.632.75$25,414
Mar 20199,71756.803.06$29,754
Feb 20198,53350.852.79$23,826
Jan 20199,73346.033.23$31,420
Dec 20189,71746.594.19$40,670
Nov 20189,51552.934.24$40,317
Oct 20189,84461.443.40$33,451
Sep 20189,59659.543.11$29,824
Aug 20189,94859.403.07$30,506
Jul 20189,97965.142.93$29,257
Jun 20189,74860.183.08$29,994
May 201810,18765.382.90$29,550
Apr 20189,90363.842.90$28,727
Mar 201810,33861.222.79$28,810
Feb 20189,33461.782.77$25,819
Jan 201810,33062.874.01$41,416
Dec 201710,31057.272.92$30,121
Nov 201710,20055.423.12$31,807
Oct 201710,66849.292.98$31,830
Sep 201710,38547.523.09$32,061
Aug 201710,62745.373.00$31,928
Jul 201710,90943.873.09$33,679
Jun 201710,54542.493.09$32,555
May 201711,20345.373.26$36,560
Apr 201710,74347.933.21$34,502
Mar 201711,23346.772.98$33,516
Feb 201710,13450.452.95$29,922
Jan 201711,31349.413.42$38,677
Dec 201611,49348.763.72$42,786
Nov 201610,91442.492.64$28,860
Oct 201611,66046.193.09$36,032
Sep 201611,34141.553.10$35,164
Aug 201611,73141.442.92$34,305
Jul 201611,70841.622.92$34,238
Jun 201611,43445.352.69$30,710
May 201612,03542.521.99$23,962
Apr 201610,49436.561.99$20,894
Mar 201612,24733.011.79$21,971
Feb 201611,48826.472.06$23,707
Jan 201612,24927.352.36$28,961
Dec 201512,03932.362.00$24,095
Nov 201511,64338.792.17$25,234
Oct 201511,51743.552.43$27,947
Sep 201511,76042.992.76$32,439
Aug 201512,37840.162.87$35,556
Jul 201512,56548.152.95$37,005
Jun 201512,21156.152.88$35,203
May 201512,60355.212.96$37,248
Apr 201512,46049.822.71$33,724
Mar 201512,79642.892.93$37,553
Feb 201511,75544.662.98$34,985
Jan 201513,28143.433.10$41,179
Dec 201413,50854.693.59$48,512
Nov 201413,30770.464.25$56,579
Oct 201413,86378.303.90$54,079
Sep 201413,54986.164.05$54,812
Aug 201414,23289.394.04$57,428
Jul 201413,87396.564.18$57,984
Jun 201413,00398.164.74$61,594
May 201413,83894.734.73$65,406
Apr 201413,38195.944.81$64,351
Mar 201413,67495.895.06$69,147
Feb 201412,20597.406.19$75,573
Jan 201413,53590.404.86$65,790
Dec 201313,74091.824.35$59,831
Nov 201313,30788.853.74$49,745
Oct 201313,86797.423.78$52,408
Sep 201312,342104.113.72$45,884
Aug 201312,742104.253.52$44,885
Jul 201312,864102.523.72$47,825
Jun 201312,50094.403.93$49,168
May 201313,07294.834.15$54,237
Apr 201312,78793.964.28$54,761
Mar 201313,52593.623.91$52,922
Feb 201312,29791.233.42$42,055
Jan 201313,55391.603.42$46,350
Dec 201213,92986.773.42$47,639
Nov 201213,51186.953.62$48,977
Oct 201213,75489.383.40$46,759
Sep 201213,75194.672.92$40,131
Aug 201214,28692.662.91$41,546
Jul 201214,36485.133.02$43,391
Jun 201214,30279.822.52$36,027
May 201214,92891.612.49$37,146
Apr 201214,562101.652.00$29,077
Mar 201215,121105.052.22$33,600
Feb 201214,607101.102.57$37,544
Jan 201215,75098.092.73$43,062
Dec 201115,88596.873.24$51,463
Nov 201115,70095.723.31$51,987
Oct 201116,36884.983.65$59,719
Sep 201116,05683.623.99$63,996
Aug 201116,42283.404.15$68,140
Jul 201116,75594.144.52$75,686
Jun 201116,38692.904.64$76,029
May 201117,02898.134.40$75,005
Apr 201116,818105.964.33$72,877
Mar 201118,06196.364.06$73,280
Feb 201116,46785.644.18$68,832
Jan 201118,66686.504.59$85,654
Dec 201019,08085.734.35$82,955
Nov 201018,91680.843.80$71,792
Oct 201019,18178.103.51$67,304
Sep 201019,22672.633.98$76,509
Aug 201020,30273.684.42$89,722
Jul 201018,20572.554.74$86,228
Jun 201017,93270.364.91$88,053
May 201019,26871.124.24$81,604
Apr 201016,54781.694.12$68,218
Mar 201016,11278.394.39$70,710
Feb 201016,03973.585.44$87,290
Jan 201018,36974.365.96$109,554
Dec 200919,09371.445.48$104,701
Nov 200917,60274.593.75$66,034
Oct 200921,85872.544.11$89,842
Sep 200922,84965.543.06$70,026
Aug 200924,57067.423.22$79,079
Jul 200925,91261.133.46$89,772
Jun 200926,10966.163.90$101,695
May 200928,88754.743.93$113,403
Apr 200928,81246.773.59$103,363
Mar 200931,11442.144.06$126,292
Feb 200929,20232.814.63$135,293
Jan 200934,07035.865.37$182,990
Dec 200836,06537.105.98$215,566
Nov 200837,16955.496.86$254,993
Oct 200841,18475.246.92$285,075
Sep 200842,186101.767.88$332,303
Aug 200846,841114.228.48$397,353
Jul 200852,534131.0811.39$598,332
Jun 200855,736131.3313.03$726,387
May 200864,367123.1711.57$745,002
Apr 200815,528110.3110.45$162,343

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                6,683 Mcf  × $  3.05 =    $20,355

────────────────────────────────────────────────────
Month total                                  $20,355

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/240529 is the state's own key, not one this site invented.