FRAZIER, RICKY

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 246864District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.1 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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
CondensateDisposition3 bbl$219
GasProduction1,484,319 Mcf$8,149,684
Total$8,149,902

Every month this lease reported (227)

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

227 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024054184.451.66$898
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023034980.522.67$933
Jul 20232074.852.64$150
Jun 20231068.962.26$69
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022072184.888.16$5,886
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202001344.642.68$35
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020013439.982.39$320
Jul 2020066438.371.83$1,212
Jun 202001,38234.901.69$2,336
May 2020025416.921.81$461
Apr 2020086614.751.80$1,563
Mar 2020082130.341.86$1,524
Feb 2020092649.881.98$1,834
Jan 2020076257.252.09$1,596
Dec 2019032859.012.30$756
Nov 20190055.302.75$0
Oct 2019074853.472.42$1,809
Sep 2019081955.052.66$2,176
Aug 2019057653.112.30$1,327
Jul 2019037356.272.46$918
Jun 2019092952.782.49$2,314
May 201901,06958.482.74$2,929
Apr 20190062.632.75$0
Mar 201901,66556.803.06$5,098
Feb 20190050.852.79$0
Jan 2019034146.033.23$1,101
Dec 201801346.594.19$54
Nov 2018056152.934.24$2,377
Oct 2018063561.443.40$2,158
Sep 2018087259.543.11$2,710
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018081360.183.08$2,502
May 201801,22865.382.90$3,562
Apr 2018076463.842.90$2,216
Mar 201803,21861.222.79$8,968
Feb 201802,81661.782.77$7,789
Jan 2018049862.874.01$1,997
Dec 201701,61157.272.92$4,707
Nov 201702,61455.423.12$8,151
Oct 2017037249.292.98$1,110
Sep 201702,83347.523.09$8,746
Aug 201703,71945.373.00$11,173
Jul 201704,08943.873.09$12,624
Jun 201704,36142.493.09$13,464
May 201702,35745.373.26$7,692
Apr 201705,54747.933.21$17,815
Mar 201707,70346.772.98$22,983
Feb 201706,17150.452.95$18,220
Jan 201707,47549.413.42$25,556
Dec 2016011,42748.763.72$42,541
Nov 2016011,01642.492.64$29,130
Oct 2016011,13846.193.09$34,419
Sep 2016010,80541.553.10$33,502
Aug 201603,28741.442.92$9,612
Jul 201609,61941.622.92$28,129
Jun 201609,15945.352.69$24,600
May 201604,80042.521.99$9,557
Apr 201607,85036.561.99$15,630
Mar 201609,56633.011.79$17,162
Feb 2016010,80126.472.06$22,289
Jan 2016012,32727.352.36$29,145
Dec 2015012,08932.362.00$24,195
Nov 2015011,92538.792.17$25,845
Oct 2015011,20343.552.43$27,185
Sep 2015011,35542.992.76$31,322
Aug 2015011,04540.162.87$31,727
Jul 2015010,01148.152.95$29,483
Jun 201501,42556.152.88$4,108
May 20150055.212.96$0
Apr 201502,49549.822.71$6,753
Mar 201504,47742.892.93$13,139
Feb 201504,34944.662.98$12,943
Jan 201505,69943.433.10$17,670
Dec 201404,70254.693.59$16,887
Nov 201404,32070.464.25$18,368
Oct 201405,57278.303.90$21,736
Sep 201406,36586.164.05$25,749
Aug 201404,79389.394.04$19,340
Jul 201406,22996.564.18$26,035
Jun 201406,28098.164.74$29,748
May 201405,79494.734.73$27,386
Apr 201406,35295.944.81$30,548
Mar 201407,30295.895.06$36,925
Feb 201405,88297.406.19$36,421
Jan 201407,64690.404.86$37,165
Dec 201307,64591.824.35$33,290
Nov 201305,60888.853.74$20,964
Oct 201306,57997.423.78$24,864
Sep 201307,430104.113.72$27,623
Aug 2013010,364104.253.52$36,508
Jul 201308,174102.523.72$30,389
Jun 201308,24894.403.93$32,443
May 2013010,26094.834.15$42,570
Apr 2013010,01393.964.28$42,882
Mar 2013010,55993.623.91$41,316
Feb 201305,40691.233.42$18,488
Jan 201302591.603.42$86
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201205089.383.40$170
Sep 2012075094.672.92$2,189
Aug 2012070792.662.91$2,056
Jul 2012076685.133.02$2,314
Jun 2012072579.822.52$1,826
May 201202,24691.612.49$5,589
Apr 201209,608101.652.00$19,185
Mar 201209,375105.052.22$20,832
Feb 201203,835101.102.57$9,857
Jan 201207,47498.092.73$20,435
Dec 201109,64096.873.24$31,231
Nov 201108,81895.723.31$29,199
Oct 2011010,94384.983.65$39,926
Sep 2011012,02583.623.99$47,929
Aug 2011013,69483.404.15$56,821
Jul 2011015,41994.144.52$69,651
Jun 2011014,25092.904.64$66,118
May 201102,58598.134.40$11,386
Apr 201100105.964.33$0
Mar 2011059096.364.06$2,394
Feb 201101,46685.644.18$6,128
Jan 201101086.504.59$46
Dec 201006,13085.734.35$26,652
Nov 201004,50880.843.80$17,109
Oct 201001,62178.103.51$5,688
Sep 2010011,46572.633.98$45,625
Aug 2010015,27373.684.42$67,497
Jul 2010019,28972.554.74$91,362
Jun 2010017,54170.364.91$86,133
May 2010019,09671.124.24$80,876
Apr 2010019,55281.694.12$80,607
Mar 2010020,29978.394.39$89,086
Feb 2010018,55173.585.44$100,961
Jan 2010020,83774.365.96$124,274
Dec 2009020,60371.445.48$112,982
Nov 2009021,19574.593.75$79,513
Oct 2009023,19672.544.11$95,341
Sep 2009020,44465.543.06$62,656
Aug 2009024,48767.423.22$78,811
Jul 2009025,55661.133.46$88,539
Jun 2009026,50666.163.90$103,241
May 2009027,07354.743.93$106,282
Apr 2009026,90046.773.59$96,504
Mar 2009031,47442.144.06$127,753
Feb 2009030,50932.814.63$141,348
Jan 2009035,56535.865.37$191,020
Dec 2008037,87737.105.98$226,396
Nov 2008040,07055.496.86$274,895
Oct 2008044,36175.246.92$307,066
Sep 2008045,579101.767.88$359,030
Aug 2008054,166114.228.48$459,491
Jul 2008060,023131.0811.39$683,628
Jun 2008066,969131.3313.03$872,782
May 2008065,123123.1711.57$753,752
Apr 2008023,538110.3110.45$246,086
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0

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.

Apr 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.45 =         $0
Gas                  541 Mcf  × $  1.66 =       $898

────────────────────────────────────────────────────
Month total                                     $898

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/246864 is the state's own key, not one this site invented.