LITTLE PLACE

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 245117District 09Field 65280200GasSaveExport
Value, all time
$4.9 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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
GasProduction947,653 Mcf$4,937,561
Total$4,937,561

Every month this lease reported (225)

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

225 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 20231,14668.962.26$2,588
May 20232,96570.622.23$6,604
Apr 20232,70078.122.24$6,042
Mar 20232,75872.852.39$6,600
Feb 20231,73775.112.47$4,283
Jan 20233,73076.533.39$12,636
Dec 20224,36176.415.73$24,985
Nov 202210,09885.005.65$57,015
Oct 20223,39487.185.86$19,902
Sep 20224,51384.888.16$36,843
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 20202,23838.371.83$4,085
Jun 20202,59234.901.69$4,381
May 20202,15216.921.81$3,905
Apr 20202,62914.751.80$4,744
Mar 20202,46530.341.86$4,576
Feb 20202,77849.881.98$5,502
Jan 20203,05957.252.09$6,408
Dec 20193,31459.012.30$7,637
Nov 20192,04955.302.75$5,636
Oct 20193,17153.472.42$7,669
Sep 20193,35155.052.66$8,905
Aug 20193,77053.112.30$8,687
Jul 20194,02256.272.46$9,894
Jun 20194,41552.782.49$10,999
May 20192,48358.482.74$6,804
Apr 20199,21262.632.75$25,339
Mar 20193,10356.803.06$9,502
Feb 20192,14850.852.79$5,998
Jan 201928146.033.23$907
Dec 20181,52646.594.19$6,387
Nov 20181,85252.934.24$7,847
Oct 20181,91361.443.40$6,501
Sep 20181,75359.543.11$5,448
Aug 20181,76559.403.07$5,412
Jul 20182,49565.142.93$7,315
Jun 20182,68460.183.08$8,258
May 20182,79265.382.90$8,099
Apr 20182,57463.842.90$7,467
Mar 20183,01161.222.79$8,391
Feb 20182,42461.782.77$6,705
Jan 20182,96962.874.01$11,904
Dec 20173,66557.272.92$10,707
Nov 20173,11255.423.12$9,704
Oct 20173,86049.292.98$11,517
Sep 20173,56447.523.09$11,003
Aug 20173,70745.373.00$11,137
Jul 20173,31943.873.09$10,247
Jun 20174,94542.493.09$15,267
May 20171,82845.373.26$5,966
Apr 2017147.933.21$3
Mar 201728046.772.98$835
Feb 20175,67450.452.95$16,753
Jan 20174,44549.413.42$15,197
Dec 20164,54748.763.72$16,928
Nov 20165,27342.492.64$13,944
Oct 201611,23646.193.09$34,722
Sep 201679741.553.10$2,471
Aug 20161,59341.442.92$4,658
Jul 20163,36741.622.92$9,846
Jun 20163,60545.352.69$9,682
May 20163,80842.521.99$7,582
Apr 20162,95436.561.99$5,882
Mar 20162,12933.011.79$3,819
Feb 20163,05226.472.06$6,298
Jan 20162,62527.352.36$6,206
Dec 20153,13132.362.00$6,266
Nov 20153,68438.792.17$7,984
Oct 20154,26343.552.43$10,345
Sep 20154,87542.992.76$13,447
Aug 20154,96540.162.87$14,262
Jul 20154,17548.152.95$12,296
Jun 20153,52356.152.88$10,156
May 20154,09355.212.96$12,097
Apr 20154,01649.822.71$10,870
Mar 20153,99842.892.93$11,733
Feb 20153,30944.662.98$9,848
Jan 20153,83943.433.10$11,903
Dec 20143,93754.693.59$14,139
Nov 20143,60770.464.25$15,336
Oct 20144,61578.303.90$18,003
Sep 20144,94386.164.05$19,997
Aug 20144,75089.394.04$19,167
Jul 20144,31496.564.18$18,031
Jun 20144,39598.164.74$20,819
May 20144,70494.734.73$22,234
Apr 20143,61595.944.81$17,385
Mar 20143,91795.895.06$19,807
Feb 20143,67597.406.19$22,756
Jan 20143,99590.404.86$19,419
Dec 20134,30591.824.35$18,746
Nov 20133,15388.853.74$11,787
Oct 20133,60697.423.78$13,628
Sep 20134,235104.113.72$15,745
Aug 20134,528104.253.52$15,950
Jul 20134,426102.523.72$16,455
Jun 20133,64494.403.93$14,333
May 20133,13494.834.15$13,003
Apr 20133,41193.964.28$14,608
Mar 20133,58493.623.91$14,024
Feb 20133,49291.233.42$11,942
Jan 20133,60691.603.42$12,332
Dec 20124,08386.773.42$13,965
Nov 20123,90186.953.62$14,141
Oct 20122,89589.383.40$9,842
Sep 20121,22894.672.92$3,584
Aug 20121,94492.662.91$5,653
Jul 20122,37585.133.02$7,174
Jun 20124,01479.822.52$10,111
May 20123,95491.612.49$9,839
Apr 20124,451101.652.00$8,888
Mar 20124,447105.052.22$9,882
Feb 20124,030101.102.57$10,358
Jan 20124,61898.092.73$12,626
Dec 20114,45296.873.24$14,423
Nov 20114,32995.723.31$14,335
Oct 20114,87684.983.65$17,790
Sep 20114,99883.623.99$19,921
Aug 20115,33383.404.15$22,128
Jul 20115,59994.144.52$25,292
Jun 20115,30892.904.64$24,628
May 20115,43798.134.40$23,949
Apr 20115,276105.964.33$22,862
Mar 20115,67996.364.06$23,042
Feb 20115,48385.644.18$22,919
Jan 20115,98686.504.59$27,468
Dec 20106,09185.734.35$26,482
Nov 20105,57980.843.80$21,174
Oct 20106,08078.103.51$21,334
Sep 20106,51072.633.98$25,906
Aug 20106,90073.684.42$30,494
Jul 20106,72772.554.74$31,862
Jun 20108,09970.364.91$39,769
May 20108,02271.124.24$33,975
Apr 20107,15881.694.12$29,510
Mar 20107,95278.394.39$34,899
Feb 20106,21473.585.44$33,819
Jan 20106,54974.365.96$39,059
Dec 20095,76971.445.48$31,636
Nov 20096,45874.593.75$24,227
Oct 20097,22272.544.11$29,684
Sep 20096,75165.543.06$20,690
Aug 20097,20467.423.22$23,186
Jul 20097,73461.133.46$26,794
Jun 20098,17466.163.90$31,838
May 20098,07754.743.93$31,708
Apr 20097,28246.773.59$26,124
Mar 20098,04442.144.06$32,651
Feb 20097,32832.814.63$33,951
Jan 20097,74435.865.37$41,593
Dec 20086,24137.105.98$37,303
Nov 200810,42955.496.86$71,547
Oct 200812,18675.246.92$84,351
Sep 200812,590101.767.88$99,173
Aug 200813,267114.228.48$112,544
Jul 200810,859131.0811.39$123,678
Jun 200816,082131.3313.03$209,591
May 200816,926123.1711.57$195,906
Apr 200816,871110.3110.45$176,384
Mar 200820,863101.909.66$201,621
Feb 200820,72292.538.77$181,744
Jan 200824,05790.388.21$197,405
Dec 200725,18688.337.30$183,907
Nov 200732,18591.677.29$234,683
Oct 200742,16382.856.92$291,851
Sep 200741,42275.846.24$258,646

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.

Jun 2023 — as filed, then multipliedworked
Gas                1,146 Mcf  × $  2.26 =     $2,588

────────────────────────────────────────────────────
Month total                                   $2,588

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/245117 is the state's own key, not one this site invented.