WEST & WEST

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 243325District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
212
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
GasProduction2,101,943 Mcf$8,154,782
Total$8,154,782

Every month this lease reported (212)

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

212 months

May 2026672106.413.05$2,047
Apr 20261,68998.932.87$4,847
Mar 20261,36289.753.15$4,290
Feb 20261,05763.503.75$3,964
Jan 20262,66759.138.00$21,330
Dec 20252,05756.664.41$9,078
Nov 20251,98658.593.93$7,798
Oct 20252,26759.383.30$7,492
Sep 20252,02862.743.08$6,240
Aug 20252,57963.933.01$7,775
Jul 20252,74166.743.32$9,087
Jun 20251,81566.483.13$5,679
May 20251,28560.553.23$4,154
Apr 20251,20562.363.54$4,269
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024269.612.36$5
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 20231,79977.892.81$5,051
Oct 20233,70885.443.09$11,448
Sep 20234,08789.042.74$11,178
Aug 20234,64180.522.67$12,405
Jul 20234,49774.852.64$11,880
Jun 20234,22968.962.26$9,551
May 20234,52770.622.23$10,083
Apr 20234,08378.122.24$9,137
Mar 20234,17572.852.39$9,991
Feb 20232,34775.112.47$5,787
Jan 20233,82376.533.39$12,951
Dec 20224,40276.415.73$25,219
Nov 20224,02985.005.65$22,749
Oct 20223,99087.185.86$23,396
Sep 20223,96184.888.16$32,336
Aug 20224,13894.529.13$37,768
Jul 20224,057101.587.54$30,598
Jun 20224,304115.097.98$34,334
May 20224,547109.378.43$38,345
Apr 20224,197104.226.84$28,697
Mar 20224,494108.885.08$22,813
Feb 20224,13391.054.86$20,082
Jan 20223,71881.844.54$16,871
Dec 20215,40671.323.90$21,079
Nov 20215,22477.435.24$27,357
Oct 20215,55979.795.71$31,763
Sep 20215,81169.865.35$31,094
Aug 20215,81066.024.22$24,522
Jul 20215,82670.783.98$23,200
Jun 20214,51469.493.38$15,260
May 20214,50763.483.02$13,601
Apr 20216,38660.362.76$17,615
Mar 20217,16961.302.72$19,478
Feb 20214,39657.805.55$24,389
Jan 20216,09050.412.81$17,115
Dec 20206,04544.642.68$16,173
Nov 20205,86638.772.71$15,877
Oct 20206,11236.972.48$15,148
Sep 20206,08037.091.99$12,106
Aug 20206,23639.982.39$14,873
Jul 20206,19038.371.83$11,297
Jun 20206,02134.901.69$10,177
May 20208,01516.921.81$14,545
Apr 20206,34714.751.80$11,452
Mar 20205,93430.341.86$11,015
Feb 20205,50549.881.98$10,904
Jan 20205,58157.252.09$11,691
Dec 20195,84659.012.30$13,471
Nov 20195,79655.302.75$15,943
Oct 20196,00553.472.42$14,523
Sep 20194,97255.052.66$13,212
Aug 20195,95253.112.30$13,716
Jul 20195,29156.272.46$13,016
Jun 20195,89452.782.49$14,683
May 20195,92058.482.74$16,223
Apr 20196,48062.632.75$17,825
Mar 20196,14256.803.06$18,807
Feb 20196,07250.852.79$16,954
Jan 20196,46346.033.23$20,864
Dec 20186,56446.594.19$27,473
Nov 20186,91552.934.24$29,301
Oct 20188,63561.443.40$29,342
Sep 20188,68659.543.11$26,996
Aug 20187,34559.403.07$22,524
Jul 20184,92965.142.93$14,451
Jun 20186,47360.183.08$19,917
May 201813,80565.382.90$40,046
Apr 201814,54963.842.90$42,204
Mar 201816,89661.222.79$47,086
Feb 201815,54261.782.77$42,991
Jan 201813,56162.874.01$54,370
Dec 201718,08157.272.92$52,824
Nov 201717,23655.423.12$53,748
Oct 201716,07049.292.98$47,948
Sep 201717,93047.523.09$55,355
Aug 201714,41545.373.00$43,308
Jul 20176,17643.873.09$19,067
Jun 201710,17842.493.09$31,422
May 20178,31545.373.26$27,135
Apr 20175,17247.933.21$16,610
Mar 20171,15046.772.98$3,431
Feb 20174,48050.452.95$13,228
Jan 20179,84949.413.42$33,672
Dec 201612,47848.763.72$46,453
Nov 201612,17842.492.64$32,203
Oct 201611,43446.193.09$35,334
Sep 20167,40041.553.10$22,945
Aug 20167,95241.442.92$23,254
Jul 20167,14041.622.92$20,880
Jun 20165,83145.352.69$15,661
May 20166,06342.521.99$12,072
Apr 20165,97836.561.99$11,902
Mar 20166,76233.011.79$12,131
Feb 20166,53326.472.06$13,482
Jan 20167,38027.352.36$17,449
Dec 20156,62032.362.00$13,249
Nov 20156,65338.792.17$14,419
Oct 20155,82743.552.43$14,140
Sep 20155,61942.992.76$15,500
Aug 20155,21340.162.87$14,974
Jul 20155,85448.152.95$17,241
Jun 20156,97756.152.88$20,114
May 20158,04055.212.96$23,762
Apr 20157,50849.822.71$20,321
Mar 20158,37242.892.93$24,569
Feb 20157,75144.662.98$23,068
Jan 20158,86743.433.10$27,493
Dec 20148,78954.693.59$31,564
Nov 20148,38570.464.25$35,652
Oct 20149,03678.303.90$35,249
Sep 20148,91286.164.05$36,053
Aug 20149,54389.394.04$38,507
Jul 20149,94296.564.18$41,554
Jun 201410,06698.164.74$47,681
May 201411,94694.734.73$56,463
Apr 20143,87695.944.81$18,640
Mar 20143,83995.895.06$19,413
Feb 20147597.406.19$464
Jan 20143,93090.404.86$19,103
Dec 20139,23891.824.35$40,227
Nov 201311,31288.853.74$42,287
Oct 201312,21097.423.78$46,146
Sep 201311,599104.113.72$43,122
Aug 201312,537104.253.52$44,163
Jul 201312,712102.523.72$47,260
Jun 201312,44094.403.93$48,932
May 201311,67094.834.15$48,420
Apr 201311,53793.964.28$49,408
Mar 201312,99193.623.91$50,832
Feb 201311,58791.233.42$39,627
Jan 201313,40791.603.42$45,851
Dec 201214,59486.773.42$49,914
Nov 201214,52986.953.62$52,667
Oct 201214,46589.383.40$49,176
Sep 201211,88394.672.92$34,679
Aug 201211,58192.662.91$33,679
Jul 201221,57785.133.02$65,180
Jun 201222,68579.822.52$57,144
May 201218,47991.612.49$45,982
Apr 20129,985101.652.00$19,938
Mar 201211,829105.052.22$26,285
Feb 201211,393101.102.57$29,283
Jan 201212,77298.092.73$34,920
Dec 201112,86896.873.24$41,689
Nov 201111,96095.723.31$39,603
Oct 201112,97884.983.65$47,351
Sep 201114,01683.623.99$55,865
Aug 201114,00583.404.15$58,111
Jul 201114,24394.144.52$64,339
Jun 201113,84392.904.64$64,230
May 201113,81798.134.40$60,861
Apr 201114,487105.964.33$62,776
Mar 201115,28996.364.06$62,033
Feb 201113,63385.644.18$56,986
Jan 201115,50986.504.59$71,167
Dec 201017,04485.734.35$74,103
Nov 201016,65780.843.80$63,219
Oct 201019,57178.103.51$68,672
Sep 201018,33872.633.98$72,976
Aug 201019,24973.684.42$85,068
Jul 201019,80172.554.74$93,787
Jun 201018,89670.364.91$92,787
May 201019,28071.124.24$81,655
Apr 201017,59681.694.12$72,543
Mar 201018,99378.394.39$83,354
Feb 201018,10573.585.44$98,534
Jan 201021,20974.365.96$126,492
Dec 200922,72471.445.48$124,613
Nov 200923,31674.593.75$87,470
Oct 200925,16372.544.11$103,426
Sep 200925,77365.543.06$78,988
Aug 200931,54767.423.22$101,534
Jul 200933,38761.133.46$115,669
Jun 200936,31466.163.90$141,443
May 200939,72954.743.93$155,966
Apr 200934,76346.773.59$124,712
Mar 200937,23342.144.06$151,129
Feb 200935,03132.814.63$162,299
Jan 200941,29435.865.37$221,790
Dec 200847,47137.105.98$283,741
Nov 200853,08955.496.86$364,210
Oct 200854,22875.246.92$375,365

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                  672 Mcf  × $  3.05 =     $2,047

────────────────────────────────────────────────────
Month total                                   $2,047

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/243325 is the state's own key, not one this site invented.