SANSONE, GLENNA GU

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 240534District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
May 2008 – May 2026
Value, last 12 filed months
$106 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
CondensateDisposition1,704 bbl$123,097
GasProduction1,158,748 Mcf$5,416,140
Total$5,539,237

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 202602,370106.413.05$7,219
Apr 202602,22298.932.87$6,377
Mar 202601,76689.753.15$5,562
Feb 202601,56563.503.75$5,869
Jan 202602,21159.138.00$17,683
Dec 202502,39356.664.41$10,561
Nov 202502,54958.593.93$10,009
Oct 202501,78159.383.30$5,886
Sep 202502,79062.743.08$8,585
Aug 202503,23863.933.01$9,762
Jul 202502,94466.743.32$9,760
Jun 202502,68566.483.13$8,401
May 202502,52260.553.23$8,152
Apr 202502,76062.363.54$9,779
Mar 202502,43267.704.27$10,381
Feb 202511,81270.884.34$7,936
Jan 202503,10274.324.28$13,272
Dec 202402,94768.993.12$9,199
Nov 202402,80569.052.20$6,167
Oct 202402,86971.372.28$6,545
Sep 202402,96969.612.36$7,020
Aug 202403,33775.632.06$6,886
Jul 202403,30679.932.15$7,097
Jun 202442,53278.082.63$6,982
May 202402,36678.812.20$5,202
Apr 202402,74184.451.66$4,548
Mar 202402,82380.301.55$4,362
Feb 202402,67776.091.78$4,775
Jan 202402,01973.023.30$6,658
Dec 202302,71371.262.61$7,083
Nov 202302,45477.892.81$6,890
Oct 202303,13485.443.09$9,676
Sep 202302,43289.042.74$6,652
Aug 202303,09880.522.67$8,281
Jul 202302,48274.852.64$6,557
Jun 202302,58168.962.26$5,829
May 202303,20170.622.23$7,130
Apr 2023060278.122.24$1,347
Mar 2023010172.852.39$242
Feb 20230075.112.47$0
Jan 202301,53576.533.39$5,200
Dec 202201,38476.415.73$7,929
Nov 202201,39485.005.65$7,871
Oct 202201,59087.185.86$9,323
Sep 202201,42584.888.16$11,633
Aug 202202,91694.529.13$26,615
Jul 202203,065101.587.54$23,116
Jun 202203,370115.097.98$26,883
May 202203,350109.378.43$28,251
Apr 202203,294104.226.84$22,523
Mar 202203,169108.885.08$16,087
Feb 202201,59791.054.86$7,760
Jan 202202,22481.844.54$10,092
Dec 202102,46271.323.90$9,600
Nov 202102,40677.435.24$12,600
Oct 202102,42579.795.71$13,856
Sep 202102,39669.865.35$12,821
Aug 202102,54866.024.22$10,754
Jul 202102,42170.783.98$9,641
Jun 202101,75869.493.38$5,943
May 202102,30563.483.02$6,956
Apr 202101,94360.362.76$5,360
Mar 202101,81961.302.72$4,942
Feb 202101,75257.805.55$9,720
Jan 202102,84050.412.81$7,981
Dec 202003,11044.642.68$8,321
Nov 202003,13438.772.71$8,482
Oct 202003,42336.972.48$8,484
Sep 202002,57237.091.99$5,121
Aug 202003,08639.982.39$7,360
Jul 202003,42238.371.83$6,246
Jun 202003,40434.901.69$5,754
May 202002,19716.921.81$3,987
Apr 2020087614.751.80$1,581
Mar 202003,30230.341.86$6,129
Feb 202003,60649.881.98$7,142
Jan 202003,24657.252.09$6,800
Dec 201903,79759.012.30$8,750
Nov 201903,66155.302.75$10,070
Oct 201902,77653.472.42$6,714
Sep 201903,50555.052.66$9,314
Aug 201904,18353.112.30$9,639
Jul 201903,82656.272.46$9,412
Jun 201901,70952.782.49$4,257
May 201903,00558.482.74$8,235
Apr 201903,52362.632.75$9,691
Mar 201903,90956.803.06$11,970
Feb 201903,79450.852.79$10,594
Jan 201904,44946.033.23$14,362
Dec 201804,06946.594.19$17,031
Nov 201803,86552.934.24$16,377
Oct 201803,64861.443.40$12,396
Sep 201803,84959.543.11$11,963
Aug 201803,95859.403.07$12,137
Jul 201803,98565.142.93$11,684
Jun 201803,45060.183.08$10,615
May 201802,76165.382.90$8,009
Apr 201803,81163.842.90$11,055
Mar 201802,80861.222.79$7,825
Feb 201802,84161.782.77$7,859
Jan 201804,19962.874.01$16,835
Dec 201705,07157.272.92$14,815
Nov 201724,39655.423.12$13,819
Oct 2017364,89949.292.98$16,391
Sep 201702,72347.523.09$8,407
Aug 201702,70445.373.00$8,124
Jul 201703,14443.873.09$9,706
Jun 201702,61242.493.09$8,064
May 201701,37945.373.26$4,500
Apr 2017094447.933.21$3,032
Mar 201703,12446.772.98$9,321
Feb 201705,17650.452.95$15,283
Jan 201704,66149.413.42$15,935
Dec 201604,93048.763.72$18,354
Nov 2016095042.492.64$2,512
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016090545.352.69$2,431
May 20160042.521.99$0
Apr 201603,33936.561.99$6,648
Mar 201603,41133.011.79$6,119
Feb 201603,57226.472.06$7,371
Jan 201602,89927.352.36$6,854
Dec 2015058032.362.00$1,161
Nov 201503,39738.792.17$7,362
Oct 201503,07643.552.43$7,464
Sep 201503,39942.992.76$9,376
Aug 201503,53140.162.87$10,143
Jul 201502,94748.152.95$8,679
Jun 201502,70456.152.88$7,795
May 201503,59355.212.96$10,619
Apr 201507,35349.822.71$19,901
Mar 20151395,91842.892.93$23,329
Feb 201507,13044.662.98$21,220
Jan 201507,66243.433.10$23,757
Dec 2014599,89454.693.59$38,760
Nov 201408,84170.464.25$37,591
Oct 201409,37378.303.90$36,564
Sep 201409,67186.164.05$39,123
Aug 201408,21889.394.04$33,161
Jul 2014506,43996.564.18$31,740
Jun 201401,05998.164.74$5,016
May 201405,85694.734.73$27,679
Apr 201408,34895.944.81$40,147
Mar 201411110,08395.895.06$61,632
Feb 201407,30197.406.19$45,208
Jan 201409,83690.404.86$47,810
Dec 201308,86191.824.35$38,585
Nov 201305,86488.853.74$21,921
Oct 201308,52897.423.78$32,230
Sep 2013010,197104.113.72$37,910
Aug 2013010,520104.253.52$37,058
Jul 2013010,770102.523.72$40,040
Jun 201303,77994.403.93$14,864
May 201307,48294.834.15$31,043
Apr 201309,22793.964.28$39,515
Mar 201309,17893.623.91$35,912
Feb 201304,46891.233.42$15,280
Jan 201306491.603.42$219
Dec 2012077586.773.42$2,651
Nov 201202,08386.953.62$7,551
Oct 201209,83789.383.40$33,443
Sep 2012010,66894.672.92$31,133
Aug 2012012,66392.662.91$36,826
Jul 2012011,65985.133.02$35,220
Jun 2012010,66079.822.52$26,853
May 201206,58391.612.49$16,381
Apr 20120338101.652.00$675
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20112096.873.24$194
Nov 2011392,66695.723.31$12,561
Oct 2011767,91884.983.65$35,348
Sep 201107,82183.623.99$31,173
Aug 201108,30783.404.15$34,468
Jul 201108,44294.144.52$38,135
Jun 201108,34492.904.64$38,715
May 201108,76898.134.40$38,621
Apr 201108,723105.964.33$37,799
Mar 201108,69696.364.06$35,283
Feb 20111688,59785.644.18$50,323
Jan 201109,45986.504.59$43,405
Dec 201009,75485.734.35$42,408
Nov 201007,05580.843.80$26,776
Oct 201007,27378.103.51$25,520
Sep 201008,78872.633.98$34,972
Aug 201007,85873.684.42$34,727
Jul 201008,69172.554.74$41,165
Jun 20101808,80970.364.91$55,921
May 201009,02571.124.24$38,223
Apr 201008,71081.694.12$35,909
Mar 2010010,50578.394.39$46,103
Feb 201009,09173.585.44$49,476
Jan 20101929,52374.365.96$71,073
Dec 2009010,17171.445.48$55,775
Nov 200909,73874.593.75$36,532
Oct 2009011,31472.544.11$46,503
Sep 2009010,60365.543.06$32,496
Aug 2009011,77667.423.22$37,901
Jul 200916911,72861.133.46$50,963
Jun 2009011,18766.163.90$43,573
May 2009012,32654.743.93$48,389
Apr 2009013,22746.773.59$47,452
Mar 2009014,39342.144.06$58,421
Feb 200916013,49732.814.63$67,781
Jan 2009015,74035.865.37$84,540
Dec 2008016,22937.105.98$97,003
Nov 200816616,78655.496.86$124,369
Oct 2008019,27775.246.92$133,435
Sep 2008019,820101.767.88$156,124
Aug 2008022,491114.228.48$190,792
Jul 200815025,157131.0811.39$306,186
Jun 2008027,985131.3313.03$364,718
May 2008035,750123.1711.57$413,781

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                2,370 Mcf  × $  3.05 =     $7,219

────────────────────────────────────────────────────
Month total                                   $7,219

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/240534 is the state's own key, not one this site invented.