NICKELSON, GARY

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 244597District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.2 M
Feb 2007 – May 2026
Value, last 12 filed months
$148 k
at the published price for each month
Months reported
232
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$76
GasProduction1,757,997 Mcf$9,212,044
Total$9,212,119

Every month this lease reported (232)

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

232 months

May 202602,999106.413.05$9,134
Apr 202603,21698.932.87$9,229
Mar 202603,44689.753.15$10,853
Feb 202603,14263.503.75$11,784
Jan 202603,18059.138.00$25,433
Dec 202503,40056.664.41$15,005
Nov 202503,24458.593.93$12,737
Oct 202503,60459.383.30$11,911
Sep 202503,17262.743.08$9,760
Aug 202503,27563.933.01$9,873
Jul 202503,20766.743.32$10,632
Jun 202503,64966.483.13$11,417
May 202504,09060.553.23$13,220
Apr 202504,17362.363.54$14,785
Mar 202504,06267.704.27$17,338
Feb 202503,62070.884.34$15,714
Jan 202502,44974.324.28$10,478
Dec 202403,87968.993.12$12,108
Nov 202404,98669.052.20$10,961
Oct 202405,85671.372.28$13,360
Sep 202406,75869.612.36$15,978
Aug 202411,97675.632.06$4,153
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 202402,29873.023.30$7,578
Dec 202303,49271.262.61$9,117
Nov 202302,93577.892.81$8,240
Oct 202303,39785.443.09$10,487
Sep 202303,24989.042.74$8,886
Aug 202303,64380.522.67$9,737
Jul 202303,76674.852.64$9,949
Jun 202304,01968.962.26$9,077
May 202302,76270.622.23$6,152
Apr 202303,47978.122.24$7,785
Mar 202303,57372.852.39$8,551
Feb 202301,54675.112.47$3,812
Jan 202302,24276.533.39$7,595
Dec 202202,49476.415.73$14,288
Nov 202204,09785.005.65$23,132
Oct 202205,29387.185.86$31,037
Sep 202202,94384.888.16$24,026
Aug 202202,92894.529.13$26,724
Jul 202203,184101.587.54$24,014
Jun 202203,250115.097.98$25,926
May 202203,899109.378.43$32,880
Apr 202203,948104.226.84$26,995
Mar 202204,333108.885.08$21,996
Feb 202203,57191.054.86$17,351
Jan 202203,86181.844.54$17,520
Dec 202104,50071.323.90$17,546
Nov 202104,34477.435.24$22,749
Oct 202103,58479.795.71$20,479
Sep 202103,43169.865.35$18,359
Aug 202103,05966.024.22$12,911
Jul 202104,83870.783.98$19,265
Jun 202105,58469.493.38$18,877
May 202104,99563.483.02$15,073
Apr 202103,07760.362.76$8,488
Mar 202103,27361.302.72$8,893
Feb 202102,12857.805.55$11,806
Jan 202104,02750.412.81$11,317
Dec 202004,67844.642.68$12,516
Nov 202004,45438.772.71$12,055
Oct 202004,41436.972.48$10,940
Sep 202004,96737.091.99$9,890
Aug 202005,04939.982.39$12,042
Jul 202004,89338.371.83$8,930
Jun 202004,25334.901.69$7,189
May 202004,53816.921.81$8,235
Apr 202003,72214.751.80$6,716
Mar 202003,04130.341.86$5,645
Feb 202001,98549.881.98$3,932
Jan 202003,63757.252.09$7,619
Dec 201904,51459.012.30$10,402
Nov 201904,73955.302.75$13,036
Oct 201904,09853.472.42$9,911
Sep 201904,63555.052.66$12,316
Aug 201905,05453.112.30$11,646
Jul 201904,77156.272.46$11,737
Jun 201903,88652.782.49$9,681
May 201905,13458.482.74$14,069
Apr 201904,80762.632.75$13,223
Mar 201903,79456.803.06$11,618
Feb 201902,31050.852.79$6,450
Jan 201903,28146.033.23$10,592
Dec 201804,29546.594.19$17,976
Nov 201804,00652.934.24$16,974
Oct 201804,32261.443.40$14,687
Sep 201803,88559.543.11$12,075
Aug 201805,14259.403.07$15,768
Jul 201804,41965.142.93$12,956
Jun 201804,53560.183.08$13,954
May 201806,28865.382.90$18,240
Apr 201805,34763.842.90$15,511
Mar 201804,81461.222.79$13,416
Feb 201803,74061.782.77$10,345
Jan 201804,06862.874.01$16,310
Dec 201704,11157.272.92$12,010
Nov 201704,14755.423.12$12,932
Oct 201704,33449.292.98$12,931
Sep 201704,20247.523.09$12,973
Aug 201704,27845.373.00$12,853
Jul 201705,00743.873.09$15,458
Jun 201705,39742.493.09$16,662
May 201705,96745.373.26$19,473
Apr 201705,92747.933.21$19,035
Mar 201706,56846.772.98$19,597
Feb 201705,56150.452.95$16,419
Jan 201705,06849.413.42$17,326
Dec 201605,04448.763.72$18,778
Nov 201604,67642.492.64$12,365
Oct 201604,37146.193.09$13,508
Sep 201604,31041.553.10$13,364
Aug 201604,91841.442.92$14,382
Jul 201604,72341.622.92$13,812
Jun 201605,00245.352.69$13,435
May 201605,11442.521.99$10,182
Apr 201604,79436.561.99$9,545
Mar 201604,40433.011.79$7,901
Feb 201604,42526.472.06$9,132
Jan 201605,04527.352.36$11,928
Dec 201504,55832.362.00$9,122
Nov 201504,37738.792.17$9,486
Oct 201504,75443.552.43$11,536
Sep 201505,31042.992.76$14,647
Aug 201506,15440.162.87$17,677
Jul 201506,79848.152.95$20,021
Jun 201506,55056.152.88$18,883
May 201506,35855.212.96$18,791
Apr 201505,92149.822.71$16,026
Mar 201505,42942.892.93$15,933
Feb 201504,86144.662.98$14,467
Jan 201505,46943.433.10$16,957
Dec 201406,13354.693.59$22,026
Nov 201405,77770.464.25$24,563
Oct 201406,49478.303.90$25,333
Sep 201406,61986.164.05$26,777
Aug 201406,34689.394.04$25,607
Jul 201406,60596.564.18$27,606
Jun 201406,76198.164.74$32,026
May 201407,63694.734.73$36,092
Apr 201407,86395.944.81$37,814
Mar 201408,30895.895.06$42,012
Feb 201407,08597.406.19$43,870
Jan 201407,23290.404.86$35,153
Dec 201307,11491.824.35$30,978
Nov 201306,89388.853.74$25,768
Oct 201306,01697.423.78$22,737
Sep 201305,970104.113.72$22,195
Aug 201306,312104.253.52$22,235
Jul 201306,421102.523.72$23,872
Jun 201305,87194.403.93$23,093
May 201305,91494.834.15$24,538
Apr 201305,29893.964.28$22,689
Mar 201306,05493.623.91$23,689
Feb 201305,34091.233.42$18,262
Jan 201305,44691.603.42$18,625
Dec 201205,73686.773.42$19,618
Nov 201205,72986.953.62$20,767
Oct 201205,52289.383.40$18,773
Sep 201205,95694.672.92$17,382
Aug 201205,59792.662.91$16,277
Jul 201204,63585.133.02$14,001
Jun 201203,87879.822.52$9,769
May 201206,34591.612.49$15,788
Apr 201206,625101.652.00$13,229
Mar 201206,688105.052.22$14,861
Feb 201206,286101.102.57$16,157
Jan 201205,40898.092.73$14,786
Dec 201106,53196.873.24$21,159
Nov 201106,47395.723.31$21,434
Oct 201107,01084.983.65$25,576
Sep 201107,05583.623.99$28,120
Aug 201107,18483.404.15$29,809
Jul 201106,63994.144.52$29,990
Jun 201107,05892.904.64$32,748
May 201107,53498.134.40$33,186
Apr 201107,191105.964.33$31,161
Mar 201108,19896.364.06$33,262
Feb 201107,58685.644.18$31,709
Jan 201108,28786.504.59$38,027
Dec 201009,31985.734.35$40,517
Nov 201008,34280.843.80$31,661
Oct 201009,09778.103.51$31,920
Sep 201008,11672.633.98$32,297
Aug 2010010,19473.684.42$45,051
Jul 201009,95872.554.74$47,166
Jun 201008,78870.364.91$43,153
May 201009,01571.124.24$38,181
Apr 201009,39981.694.12$38,749
Mar 201009,82178.394.39$43,101
Feb 201008,90773.585.44$48,475
Jan 201006,10874.365.96$36,429
Dec 200908,54871.445.48$46,875
Nov 200909,41774.593.75$35,328
Oct 200909,63472.544.11$39,598
Sep 2009010,61165.543.06$32,520
Aug 200906,92667.423.22$22,291
Jul 200909,45461.133.46$32,753
Jun 2009011,41066.163.90$44,442
May 2009012,81354.743.93$50,301
Apr 2009012,72946.773.59$45,665
Mar 2009013,71842.144.06$55,681
Feb 2009012,34432.814.63$57,190
Jan 2009014,45935.865.37$77,659
Dec 2008015,18537.105.98$90,763
Nov 2008014,08555.496.86$96,628
Oct 2008015,32975.246.92$106,107
Sep 2008015,712101.767.88$123,765
Aug 2008016,410114.228.48$139,206
Jul 2008017,679131.0811.39$201,354
Jun 2008017,492131.3313.03$227,967
May 2008019,502123.1711.57$225,722
Apr 2008018,847110.3110.45$197,043
Mar 2008021,666101.909.66$209,382
Feb 2008022,13692.538.77$194,146
Jan 2008023,68090.388.21$194,312
Dec 2007022,44888.337.30$163,915
Nov 2007019,86191.677.29$144,820
Oct 2007027,39482.856.92$189,621
Sep 2007030,30275.846.24$189,211
Aug 2007035,29169.066.39$225,437
Jul 2007040,67170.906.39$259,804
Jun 2007044,04662.007.55$332,479
May 2007054,43058.747.85$427,073
Apr 2007065,43359.617.81$510,718
Mar 2007069,34056.927.30$506,319
Feb 2007029,40055.108.22$241,550

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                2,999 Mcf  × $  3.05 =     $9,134

────────────────────────────────────────────────────
Month total                                   $9,134

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/244597 is the state's own key, not one this site invented.