THOMAS, CHARLES

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 245082District 09Field 65280200GasSaveExport
Value, all time
$2.5 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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
GasProduction635,455 Mcf$2,492,978
Total$2,492,978

Every month this lease reported (211)

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

211 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
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 2024069.612.36$0
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 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 20231,20170.622.23$2,675
Apr 20231,61378.122.24$3,610
Mar 20231,38872.852.39$3,322
Feb 20231,47475.112.47$3,634
Jan 20233,72276.533.39$12,609
Dec 20223,90376.415.73$22,361
Nov 20223,85385.005.65$21,755
Oct 20223,84487.185.86$22,540
Sep 20222,60784.888.16$21,283
Aug 20221,86094.529.13$16,977
Jul 20221,716101.587.54$12,942
Jun 20221,910115.097.98$15,236
May 20222,151109.378.43$18,139
Apr 20222,021104.226.84$13,819
Mar 20222,197108.885.08$11,153
Feb 20221,99591.054.86$9,693
Jan 20221,99381.844.54$9,044
Dec 20212,15371.323.90$8,395
Nov 20212,05077.435.24$10,736
Oct 20212,04779.795.71$11,696
Sep 20212,04769.865.35$10,953
Aug 20212,14066.024.22$9,032
Jul 20212,23570.783.98$8,900
Jun 20212,21269.493.38$7,478
May 20212,13463.483.02$6,440
Apr 20211,75960.362.76$4,852
Mar 20212,32361.302.72$6,311
Feb 20212,03057.805.55$11,262
Jan 20212,49550.412.81$7,012
Dec 20202,50944.642.68$6,713
Nov 20202,55738.772.71$6,921
Oct 20202,69836.972.48$6,687
Sep 20202,62737.091.99$5,230
Aug 20202,69139.982.39$6,418
Jul 20202,79538.371.83$5,101
Jun 20202,61334.901.69$4,417
May 20202,74016.921.81$4,972
Apr 20202,72414.751.80$4,915
Mar 20202,74230.341.86$5,090
Feb 20203,24849.881.98$6,433
Jan 20203,23357.252.09$6,772
Dec 20192,88059.012.30$6,637
Nov 20192,15555.302.75$5,928
Oct 20192,76553.472.42$6,687
Sep 20192,49755.052.66$6,635
Aug 20192,70153.112.30$6,224
Jul 20192,96156.272.46$7,284
Jun 20192,84952.782.49$7,097
May 20192,96558.482.74$8,125
Apr 20192,88062.632.75$7,922
Mar 20193,08156.803.06$9,434
Feb 20192,74550.852.79$7,665
Jan 20193,18546.033.23$10,282
Dec 20183,22246.594.19$13,485
Nov 20182,98352.934.24$12,640
Oct 20183,21161.443.40$10,911
Sep 20183,14359.543.11$9,768
Aug 20183,48959.403.07$10,699
Jul 20183,34165.142.93$9,795
Jun 20183,25460.183.08$10,012
May 20184,00065.382.90$11,603
Apr 20183,88963.842.90$11,281
Mar 20184,22161.222.79$11,763
Feb 20183,85561.782.77$10,663
Jan 20184,38662.874.01$17,585
Dec 20174,64657.272.92$13,573
Nov 20174,81955.423.12$15,027
Oct 20175,32749.292.98$15,894
Sep 20174,93547.523.09$15,236
Aug 20174,91045.373.00$14,752
Jul 201749343.873.09$1,522
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 2016033.011.79$0
Feb 20161826.472.06$37
Jan 20164,05327.352.36$9,583
Dec 20154,83832.362.00$9,683
Nov 20155,00038.792.17$10,837
Oct 20155,42243.552.43$13,157
Sep 20155,05442.992.76$13,941
Aug 20154,93540.162.87$14,176
Jul 20153,85948.152.95$11,365
Jun 201520156.152.88$579
May 20151,09755.212.96$3,242
Apr 20154,60649.822.71$12,466
Mar 20151,48342.892.93$4,352
Feb 20151,73144.662.98$5,152
Jan 20151,86343.433.10$5,776
Dec 20142,54954.693.59$9,154
Nov 20145,42070.464.25$23,045
Oct 20141,71178.303.90$6,675
Sep 201420286.164.05$817
Aug 201471589.394.04$2,885
Jul 20141,28896.564.18$5,383
Jun 20141,87998.164.74$8,901
May 20142,23394.734.73$10,554
Apr 20142,24395.944.81$10,787
Mar 20142,30995.895.06$11,676
Feb 20142,16597.406.19$13,406
Jan 20142,57590.404.86$12,516
Dec 20132,74991.824.35$11,970
Nov 20132,76888.853.74$10,348
Oct 20132,48897.423.78$9,403
Sep 20132,062104.113.72$7,666
Aug 20132,490104.253.52$8,771
Jul 20132,875102.523.72$10,689
Jun 20133,01694.403.93$11,863
May 20133,35094.834.15$13,899
Apr 20133,36993.964.28$14,428
Mar 20133,43693.623.91$13,445
Feb 20133,23091.233.42$11,046
Jan 20133,68991.603.42$12,616
Dec 20123,57686.773.42$12,230
Nov 20123,24386.953.62$11,756
Oct 20123,35189.383.40$11,392
Sep 20123,10994.672.92$9,073
Aug 20123,26692.662.91$9,498
Jul 20123,34685.133.02$10,108
Jun 20123,30679.822.52$8,328
May 20123,50391.612.49$8,717
Apr 20123,512101.652.00$7,013
Mar 20123,683105.052.22$8,184
Feb 20123,508101.102.57$9,016
Jan 20123,56298.092.73$9,739
Dec 20114,14396.873.24$13,422
Nov 20113,66495.723.31$12,133
Oct 20114,11484.983.65$15,010
Sep 20113,97783.623.99$15,852
Aug 20113,96983.404.15$16,469
Jul 20114,16294.144.52$18,801
Jun 20114,14492.904.64$19,228
May 20114,68698.134.40$20,641
Apr 20114,388105.964.33$19,014
Mar 20114,59896.364.06$18,656
Feb 20114,27285.644.18$17,857
Jan 20115,20186.504.59$23,866
Dec 20105,28485.734.35$22,974
Nov 20105,29980.843.80$20,111
Oct 20105,43878.103.51$19,081
Sep 20105,24272.633.98$20,860
Aug 20105,64873.684.42$24,961
Jul 20106,14072.554.74$29,082
Jun 20106,11370.364.91$30,017
May 20106,36471.124.24$26,953
Apr 20106,34081.694.12$26,138
Mar 20106,59778.394.39$28,952
Feb 20106,55073.585.44$35,647
Jan 20107,93374.365.96$47,313
Dec 20098,33071.445.48$45,680
Nov 20097,82274.593.75$29,344
Oct 20098,71072.544.11$35,800
Sep 20098,71265.543.06$26,700
Aug 20098,75667.423.22$28,181
Jul 200910,00761.133.46$34,669
Jun 200910,56566.163.90$41,151
May 200912,09454.743.93$47,478
Apr 200913,73346.773.59$49,267
Mar 200914,78242.144.06$60,000
Feb 20097,77832.814.63$36,035
Jan 200913,25435.865.37$71,187
Dec 200817,64337.105.98$105,455
Nov 200823,02955.496.86$157,987

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 2023 — as filed, then multipliedworked
Gas                1,201 Mcf  × $  2.23 =     $2,675

────────────────────────────────────────────────────
Month total                                   $2,675

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/245082 is the state's own key, not one this site invented.