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 241182District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.2 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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 bbl$69
GasProduction747,792 Mcf$4,180,962
Total$4,181,031

Every month this lease reported (225)

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

225 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023196468.962.26$2,246
May 202301,95170.622.23$4,346
Apr 202302,00578.122.24$4,487
Mar 202301,87072.852.39$4,475
Feb 202301,06575.112.47$2,626
Jan 202302,58776.533.39$8,764
Dec 202202,20076.415.73$12,604
Nov 202209985.005.65$559
Oct 202201,23587.185.86$7,242
Sep 202206784.888.16$547
Aug 202203,06894.529.13$28,002
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019023458.482.74$641
Apr 20190062.632.75$0
Mar 2019030056.803.06$919
Feb 201904550.852.79$126
Jan 201901,44646.033.23$4,668
Dec 201802,94146.594.19$12,309
Nov 201803,01652.934.24$12,780
Oct 201803,41461.443.40$11,601
Sep 201803,69059.543.11$11,469
Aug 201803,01359.403.07$9,240
Jul 201803,44065.142.93$10,086
Jun 201802,17460.183.08$6,689
May 201802,37465.382.90$6,887
Apr 201802,62163.842.90$7,603
Mar 201803,10061.222.79$8,639
Feb 201803,09761.782.77$8,567
Jan 201804,16962.874.01$16,715
Dec 201702,98357.272.92$8,715
Nov 201703,27355.423.12$10,206
Oct 201703,67649.292.98$10,968
Sep 201703,90647.523.09$12,059
Aug 201704,73445.373.00$14,223
Jul 201704,55943.873.09$14,075
Jun 201704,91142.493.09$15,162
May 201705,67145.373.26$18,507
Apr 201701,06947.933.21$3,433
Mar 201704,04346.772.98$12,063
Feb 2017053250.452.95$1,571
Jan 2017058949.413.42$2,014
Dec 201603,47348.763.72$12,929
Nov 2016076442.492.64$2,020
Oct 2016058946.193.09$1,820
Sep 201604,08641.553.10$12,669
Aug 201603841.442.92$111
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016075842.521.99$1,509
Apr 201602,90936.561.99$5,792
Mar 201603,19433.011.79$5,730
Feb 201601,61426.472.06$3,331
Jan 2016027627.352.36$653
Dec 201503632.362.00$72
Nov 2015047838.792.17$1,036
Oct 20150043.552.43$0
Sep 20150342.992.76$8
Aug 20150340.162.87$9
Jul 2015089948.152.95$2,648
Jun 201502,55556.152.88$7,366
May 201502,88155.212.96$8,515
Apr 201501,97149.822.71$5,335
Mar 201502,92442.892.93$8,581
Feb 201502,55944.662.98$7,616
Jan 201502,94343.433.10$9,125
Dec 201402,93854.693.59$10,551
Nov 201402,79870.464.25$11,897
Oct 201403,01378.303.90$11,754
Sep 201403,11986.164.05$12,618
Aug 201403,93789.394.04$15,886
Jul 201403,97396.564.18$16,606
Jun 201403,49898.164.74$16,570
May 201403,88294.734.73$18,349
Apr 201404,04395.944.81$19,443
Mar 201403,64295.895.06$18,417
Feb 201403,08997.406.19$19,127
Jan 201403,52690.404.86$17,139
Dec 201303,43091.824.35$14,936
Nov 201303,54088.853.74$13,234
Oct 201303,55097.423.78$13,417
Sep 201303,083104.113.72$11,462
Aug 201302,529104.253.52$8,909
Jul 201302,115102.523.72$7,863
Jun 201302,40594.403.93$9,460
May 201302,93794.834.15$12,186
Apr 201303,18293.964.28$13,627
Mar 201303,23393.623.91$12,650
Feb 201302,47391.233.42$8,457
Jan 201302,65491.603.42$9,076
Dec 201203,35686.773.42$11,478
Nov 201202,55986.953.62$9,276
Oct 201202,21089.383.40$7,513
Sep 201201,96994.672.92$5,746
Aug 201202,29292.662.91$6,666
Jul 201202,58185.133.02$7,797
Jun 201202,93079.822.52$7,381
May 201202,69991.612.49$6,716
Apr 201203,254101.652.00$6,498
Mar 201203,512105.052.22$7,804
Feb 201203,125101.102.57$8,032
Jan 201203,62798.092.73$9,917
Dec 201103,55396.873.24$11,511
Nov 201103,31895.723.31$10,987
Oct 201103,68184.983.65$13,430
Sep 201103,85583.623.99$15,365
Aug 201103,76483.404.15$15,618
Jul 201103,73194.144.52$16,854
Jun 201103,78692.904.64$17,567
May 201104,01998.134.40$17,703
Apr 201103,935105.964.33$17,051
Mar 201103,89996.364.06$15,820
Feb 201103,80385.644.18$15,896
Jan 201104,50786.504.59$20,682
Dec 201004,79885.734.35$20,861
Nov 201004,78280.843.80$18,149
Oct 201004,82278.103.51$16,920
Sep 201005,24572.633.98$20,872
Aug 201004,42473.684.42$19,551
Jul 201005,15772.554.74$24,426
Jun 201006,02570.364.91$29,585
May 201006,73771.124.24$28,533
Apr 201004,90981.694.12$20,238
Mar 201008,97178.394.39$39,371
Feb 201008,65673.585.44$47,109
Jan 201007,18174.365.96$42,828
Dec 200906,45171.445.48$35,376
Nov 200905,61574.593.75$21,065
Oct 200906,75372.544.11$27,757
Sep 200906,24565.543.06$19,139
Aug 200907,29867.423.22$23,489
Jul 200906,31261.133.46$21,868
Jun 200906,70366.163.90$26,108
May 200906,92054.743.93$27,166
Apr 200908,10546.773.59$29,077
Mar 200908,80342.144.06$35,731
Feb 200908,16132.814.63$37,810
Jan 200909,37135.865.37$50,332
Dec 2008010,67137.105.98$63,782
Nov 2008010,99955.496.86$75,457
Oct 200809,45675.246.92$65,454
Sep 200807,567101.767.88$59,606
Aug 200808,991114.228.48$76,271
Jul 200805,358131.0811.39$61,025
Jun 2008014,031131.3313.03$182,861
May 2008016,722123.1711.57$193,545
Apr 2008017,522110.3110.45$183,190
Mar 2008019,890101.909.66$192,218
Feb 2008019,78092.538.77$173,482
Jan 2008023,58590.388.21$193,532
Dec 2007025,19588.337.30$183,973
Nov 2007031,98091.677.29$233,189
Oct 2007042,99382.856.92$297,597
Sep 2007036,97075.846.24$230,847

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.

Jun 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 68.96 =        $69
Gas                  964 Mcf  × $  2.26 =     $2,177

────────────────────────────────────────────────────
Month total                                   $2,246

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/241182 is the state's own key, not one this site invented.