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 244284District 09Field 65280200GasSaveExport
Value, all time
$2.4 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
GasProduction578,101 Mcf$2,361,995
Total$2,361,995

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 20262,988106.413.05$9,101
Apr 20261,91098.932.87$5,481
Mar 20261,99389.753.15$6,277
Feb 20261,76863.503.75$6,631
Jan 20261,99659.138.00$15,964
Dec 20252,06156.664.41$9,096
Nov 20251,99658.593.93$7,837
Oct 20252,12059.383.30$7,006
Sep 20252,00562.743.08$6,169
Aug 20251,91663.933.01$5,776
Jul 20251,98366.743.32$6,574
Jun 20251,74466.483.13$5,456
May 20251,93760.553.23$6,261
Apr 20251,89662.363.54$6,718
Mar 20251,95767.704.27$8,353
Feb 20252,11970.884.34$9,198
Jan 20252,06774.324.28$8,844
Dec 20242,16468.993.12$6,755
Nov 20241,84369.052.20$4,052
Oct 20241,68571.372.28$3,844
Sep 20241,74269.612.36$4,119
Aug 20241,90975.632.06$3,939
Jul 20242,11479.932.15$4,538
Jun 20241,95878.082.63$5,157
May 20242,08478.812.20$4,582
Apr 20242,08684.451.66$3,461
Mar 20242,07680.301.55$3,208
Feb 20241,90476.091.78$3,396
Jan 20241,73373.023.30$5,715
Dec 20232,24871.262.61$5,869
Nov 20232,24277.892.81$6,295
Oct 20232,18385.443.09$6,740
Sep 20232,05789.042.74$5,626
Aug 20232,26980.522.67$6,065
Jul 20232,33874.852.64$6,177
Jun 20232,02868.962.26$4,580
May 20232,16770.622.23$4,827
Apr 20232,34878.122.24$5,254
Mar 20232,48472.852.39$5,945
Feb 20232,36775.112.47$5,836
Jan 20232,74676.533.39$9,303
Dec 20223,10176.415.73$17,766
Nov 20222,79285.005.65$15,764
Oct 20222,94487.185.86$17,263
Sep 20222,73384.888.16$22,311
Aug 20222,89194.529.13$26,387
Jul 20222,865101.587.54$21,608
Jun 20222,913115.097.98$23,238
May 20223,230109.378.43$27,239
Apr 20223,134104.226.84$21,429
Mar 20223,251108.885.08$16,503
Feb 20222,48591.054.86$12,074
Jan 20223,20981.844.54$14,561
Dec 20213,26871.323.90$12,742
Nov 20213,21677.435.24$16,842
Oct 20212,56179.795.71$14,633
Sep 20212,55169.865.35$13,650
Aug 20212,35266.024.22$9,927
Jul 20211,69070.783.98$6,730
Jun 20212,25269.493.38$7,613
May 20212,24963.483.02$6,787
Apr 20211,78360.362.76$4,918
Mar 20212,78161.302.72$7,556
Feb 20212,57857.805.55$14,303
Jan 20213,22150.412.81$9,052
Dec 20203,48744.642.68$9,329
Nov 20203,55138.772.71$9,611
Oct 20204,06836.972.48$10,082
Sep 20204,13937.091.99$8,241
Aug 20204,13839.982.39$9,870
Jul 20203,97638.371.83$7,257
Jun 20203,77934.901.69$6,388
May 20204,28816.921.81$7,782
Apr 20206,04514.751.80$10,907
Mar 20206,75230.341.86$12,533
Feb 20206,91949.881.98$13,704
Jan 20205,95357.252.09$12,470
Dec 20197,26559.012.30$16,741
Nov 20199,07555.302.75$24,963
Oct 201911,48153.472.42$27,767
Sep 201913,61255.052.66$36,171
Aug 201916,36753.112.30$37,715
Jul 20197,63956.272.46$18,792
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 20162133.011.79$38
Feb 20163126.472.06$64
Jan 20164327.352.36$102
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201312597.423.78$472
Sep 20130104.113.72$0
Aug 20131,111104.253.52$3,914
Jul 20131,291102.523.72$4,800
Jun 20131,20694.403.93$4,744
May 20131,26894.834.15$5,261
Apr 20131,38693.964.28$5,936
Mar 20131,52993.623.91$5,983
Feb 20131,41291.233.42$4,829
Jan 20131,66791.603.42$5,701
Dec 20121,66986.773.42$5,708
Nov 20121,86186.953.62$6,746
Oct 20121,93489.383.40$6,575
Sep 20121,59894.672.92$4,664
Aug 20121,45092.662.91$4,217
Jul 20121,39185.133.02$4,202
Jun 20122,19479.822.52$5,527
May 20122,51691.612.49$6,261
Apr 20122,590101.652.00$5,172
Mar 20121,837105.052.22$4,082
Feb 20122,799101.102.57$7,194
Jan 20123,32498.092.73$9,088
Dec 20111,83996.873.24$5,958
Nov 201187695.723.31$2,901
Oct 20111,65184.983.65$6,024
Sep 20112,34683.623.99$9,351
Aug 20112,03183.404.15$8,427
Jul 20111,76894.144.52$7,986
Jun 20111,86692.904.64$8,658
May 20116,01498.134.40$26,491
Apr 20112,576105.964.33$11,163
Mar 20111,75996.364.06$7,137
Feb 201153285.644.18$2,224
Jan 20111,23486.504.59$5,663
Dec 20102,59885.734.35$11,295
Nov 20102,22280.843.80$8,433
Oct 20102,03178.103.51$7,127
Sep 20102,07772.633.98$8,265
Aug 20103,47573.684.42$15,357
Jul 20103,56472.554.74$16,881
Jun 20104,12070.364.91$20,231
May 20104,30471.124.24$18,228
Apr 20104,37381.694.12$18,029
Mar 20103,19378.394.39$14,013
Feb 20101,96273.585.44$10,678
Jan 20103,00674.365.96$17,928
Dec 20092,49971.445.48$13,704
Nov 20094,04874.593.75$15,186
Oct 200911,01772.544.11$45,283
Sep 20094,23465.543.06$12,976
Aug 20092,74567.423.22$8,835
Jul 200912,59861.133.46$43,646
Jun 200913,64866.163.90$53,159
May 200915,09254.743.93$59,247
Apr 200916,97246.773.59$60,887
Mar 20095,46842.144.06$22,195
Feb 200913,71732.814.63$63,551
Jan 200917,69535.865.37$95,040
Dec 200822,17037.105.98$132,513
Nov 200828,61955.496.86$196,337
Oct 200822,87175.246.92$158,313
Sep 200813,223101.767.88$104,159

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                2,988 Mcf  × $  3.05 =     $9,101

────────────────────────────────────────────────────
Month total                                   $9,101

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/244284 is the state's own key, not one this site invented.