ABSHIRE, 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 243304District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Sep 2008 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
213
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
GasProduction1,535,587 Mcf$6,028,951
Total$6,028,951

Every month this lease reported (213)

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

213 months

May 2026852106.413.05$2,595
Apr 20261,70698.932.87$4,896
Mar 20262,01289.753.15$6,337
Feb 20261,84963.503.75$6,934
Jan 20261,89359.138.00$15,140
Dec 20252,10556.664.41$9,290
Nov 20252,20958.593.93$8,674
Oct 20252,15359.383.30$7,115
Sep 20252,15162.743.08$6,618
Aug 20252,72963.933.01$8,227
Jul 20252,71066.743.32$8,984
Jun 20251,91066.483.13$5,976
May 20252,21560.553.23$7,160
Apr 20252,21062.363.54$7,830
Mar 20252,37267.704.27$10,124
Feb 20252,22870.884.34$9,671
Jan 20252,53374.324.28$10,838
Dec 20242,48068.993.12$7,741
Nov 20242,45169.052.20$5,388
Oct 20242,21971.372.28$5,062
Sep 20242,27569.612.36$5,379
Aug 20242,26775.632.06$4,678
Jul 20242,17279.932.15$4,662
Jun 20242,18078.082.63$5,742
May 20242,47278.812.20$5,435
Apr 20242,14484.451.66$3,557
Mar 20242,33580.301.55$3,608
Feb 20242,39676.091.78$4,274
Jan 20242,11273.023.30$6,965
Dec 20232,62471.262.61$6,851
Nov 20232,70477.892.81$7,592
Oct 20232,77085.443.09$8,552
Sep 20232,37789.042.74$6,501
Aug 20231,82680.522.67$4,881
Jul 20232,10974.852.64$5,572
Jun 20231,63968.962.26$3,702
May 20232,09670.622.23$4,669
Apr 20232,75778.122.24$6,170
Mar 20232,89472.852.39$6,926
Feb 20232,72775.112.47$6,724
Jan 20233,24876.533.39$11,003
Dec 20223,99576.415.73$22,888
Nov 20223,57485.005.65$20,180
Oct 20223,65887.185.86$21,450
Sep 20223,35284.888.16$27,365
Aug 20223,63194.529.13$33,141
Jul 20223,350101.587.54$25,266
Jun 20223,369115.097.98$26,875
May 20223,671109.378.43$30,958
Apr 20223,597104.226.84$24,595
Mar 20223,962108.885.08$20,113
Feb 20222,65591.054.86$12,900
Jan 20224,04681.844.54$18,359
Dec 20213,96671.323.90$15,464
Nov 20213,78777.435.24$19,832
Oct 20214,73479.795.71$27,049
Sep 20214,35669.865.35$23,309
Aug 20214,91266.024.22$20,732
Jul 20216,04270.783.98$24,060
Jun 20215,41069.493.38$18,289
May 20215,48663.483.02$16,555
Apr 20215,13360.362.76$14,159
Mar 20215,62261.302.72$15,275
Feb 20214,09357.805.55$22,708
Jan 20215,67550.412.81$15,948
Dec 20205,84544.642.68$15,638
Nov 20205,51638.772.71$14,929
Oct 20205,81036.972.48$14,400
Sep 20205,61037.091.99$11,170
Aug 20205,91939.982.39$14,117
Jul 20206,49338.371.83$11,851
Jun 20206,28734.901.69$10,627
May 20205,26616.921.81$9,556
Apr 20205,94214.751.80$10,722
Mar 20206,34030.341.86$11,769
Feb 20205,93849.881.98$11,761
Jan 20206,37157.252.09$13,346
Dec 20194,93259.012.30$11,365
Nov 20192,03755.302.75$5,603
Oct 20193,79653.472.42$9,181
Sep 20193,41255.052.66$9,067
Aug 20193,45753.112.30$7,966
Jul 20194,15556.272.46$10,222
Jun 20193,12552.782.49$7,785
May 20194,17258.482.74$11,433
Apr 20194,43262.632.75$12,191
Mar 20193,81956.803.06$11,694
Feb 20195,53350.852.79$15,449
Jan 20194,33446.033.23$13,991
Dec 20185,27846.594.19$22,091
Nov 20183,80252.934.24$16,110
Oct 20183,74661.443.40$12,729
Sep 20184,10459.543.11$12,755
Aug 20184,69859.403.07$14,407
Jul 20184,97765.142.93$14,592
Jun 20184,95460.183.08$15,243
May 20185,86965.382.90$17,025
Apr 20186,05463.842.90$17,561
Mar 20186,21461.222.79$17,317
Feb 20185,97861.782.77$16,536
Jan 20186,58262.874.01$26,389
Dec 20176,35757.272.92$18,572
Nov 20176,21155.423.12$19,368
Oct 20175,60349.292.98$16,718
Sep 20175,52747.523.09$17,063
Aug 20175,83945.373.00$17,543
Jul 20175,77843.873.09$17,838
Jun 20175,84442.493.09$18,042
May 20175,92345.373.26$19,329
Apr 20175,71047.933.21$18,338
Mar 20176,05046.772.98$18,051
Feb 20175,74950.452.95$16,975
Jan 20176,43049.413.42$21,983
Dec 20166,54248.763.72$24,355
Nov 20166,45242.492.64$17,061
Oct 20166,33446.193.09$19,574
Sep 20166,01141.553.10$18,638
Aug 20166,18241.442.92$18,078
Jul 20166,07241.622.92$17,757
Jun 20166,20845.352.69$16,674
May 20166,47242.521.99$12,886
Apr 20166,23436.561.99$12,412
Mar 20166,78133.011.79$12,165
Feb 20165,80126.472.06$11,971
Jan 20166,74827.352.36$15,955
Dec 20156,86532.362.00$13,740
Nov 20156,70338.792.17$14,528
Oct 20156,87243.552.43$16,675
Sep 20156,51642.992.76$17,974
Aug 20156,82640.162.87$19,608
Jul 20156,88748.152.95$20,283
Jun 20156,81056.152.88$19,632
May 20157,11555.212.96$21,028
Apr 20156,88849.822.71$18,643
Mar 20157,18942.892.93$21,098
Feb 20156,70644.662.98$19,958
Jan 20157,60743.433.10$23,586
Dec 20147,64254.693.59$27,445
Nov 20147,64470.464.25$32,501
Oct 20148,10278.303.90$31,606
Sep 20148,02886.164.05$32,477
Aug 20148,26089.394.04$33,330
Jul 20148,42796.564.18$35,221
Jun 20148,09598.164.74$38,345
May 20148,61294.734.73$40,705
Apr 20148,61695.944.81$41,435
Mar 20148,93195.895.06$45,162
Feb 20148,04097.406.19$49,784
Jan 20148,62290.404.86$41,909
Dec 20138,14391.824.35$35,459
Nov 20138,04088.853.74$30,056
Oct 20138,34897.423.78$31,550
Sep 20137,880104.113.72$29,296
Aug 20138,478104.253.52$29,865
Jul 20138,126102.523.72$30,210
Jun 20138,00894.403.93$31,499
May 20138,36594.834.15$34,707
Apr 20138,89893.964.28$38,106
Mar 20139,50093.623.91$37,172
Feb 20138,31791.233.42$28,443
Jan 20138,52391.603.42$29,148
Dec 201210,29286.773.42$35,200
Nov 20129,45186.953.62$34,260
Oct 20128,17189.383.40$27,779
Sep 20128,19994.672.92$23,928
Aug 20128,15992.662.91$23,728
Jul 20128,38585.133.02$25,329
Jun 20128,04479.822.52$20,263
May 20128,48791.612.49$21,118
Apr 20127,998101.652.00$15,970
Mar 20128,934105.052.22$19,852
Feb 20128,442101.102.57$21,698
Jan 20128,54998.092.73$23,374
Dec 20119,43396.873.24$30,560
Nov 20119,54595.723.31$31,606
Oct 201110,37684.983.65$37,857
Sep 201110,79483.623.99$43,023
Aug 201110,09683.404.15$41,892
Jul 201110,18894.144.52$46,022
Jun 201110,68292.904.64$49,563
May 201110,94798.134.40$48,220
Apr 201110,614105.964.33$45,993
Mar 201111,94096.364.06$48,445
Feb 201111,04585.644.18$46,168
Jan 201113,70986.504.59$62,908
Dec 201013,82085.734.35$60,086
Nov 201012,66780.843.80$48,075
Oct 201014,13678.103.51$49,602
Sep 201012,58172.633.98$50,066
Aug 201013,72573.684.42$60,656
Jul 201014,13372.554.74$66,941
Jun 201013,30670.364.91$65,338
May 201013,22171.124.24$55,994
Apr 201014,57481.694.12$60,084
Mar 201016,78278.394.39$73,651
Feb 201019,84473.585.44$107,998
Jan 201019,27874.365.96$114,976
Dec 200910,03371.445.48$55,018
Nov 20099,19474.593.75$34,491
Oct 200912,76272.544.11$52,455
Sep 200911,33465.543.06$34,736
Aug 200916,08067.423.22$51,753
Jul 200925,44761.133.46$88,161
Jun 200912,34866.163.90$48,095
May 200911,46954.743.93$45,024
Apr 200917,83146.773.59$63,969
Mar 200920,62742.144.06$83,725
Feb 200921,63632.814.63$100,240
Jan 200930,73735.865.37$165,088
Dec 200835,58937.105.98$212,720
Nov 200844,46955.496.86$305,073
Oct 200819,50975.246.92$135,041
Sep 200820,504101.767.88$161,512

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                  852 Mcf  × $  3.05 =     $2,595

────────────────────────────────────────────────────
Month total                                   $2,595

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/243304 is the state's own key, not one this site invented.