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 246920District 09Field 65280200GasSaveExport
Value, all time
$10.7 M
Sep 2007 – May 2026
Value, last 12 filed months
$223 k
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
GasProduction2,195,863 Mcf$10,659,686
Total$10,659,686

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 20265,937106.413.05$18,083
Apr 20265,76798.932.87$16,550
Mar 20265,90889.753.15$18,607
Feb 20262,65563.503.75$9,957
Jan 20265,01559.138.00$40,110
Dec 20255,13656.664.41$22,667
Nov 20254,90458.593.93$19,255
Oct 20254,79859.383.30$15,857
Sep 20254,32462.743.08$13,305
Aug 20254,80663.933.01$14,489
Jul 20255,35766.743.32$17,760
Jun 20255,23066.483.13$16,363
May 20255,13760.553.23$16,604
Apr 20254,16662.363.54$14,761
Mar 20255,07567.704.27$21,662
Feb 20255,24570.884.34$22,768
Jan 20256,22074.324.28$26,613
Dec 20246,79668.993.12$21,213
Nov 20246,95469.052.20$15,288
Oct 20247,11271.372.28$16,225
Sep 20246,40269.612.36$15,137
Aug 20246,93875.632.06$14,317
Jul 20245,96779.932.15$12,809
Jun 20242,83678.082.63$7,470
May 202419878.812.20$435
Apr 20242,07684.451.66$3,445
Mar 20247,06380.301.55$10,913
Feb 20246,09776.091.78$10,875
Jan 20246,65073.023.30$21,929
Dec 20236,04171.262.61$15,771
Nov 20236,07077.892.81$17,042
Oct 20236,48585.443.09$20,021
Sep 20236,68089.042.74$18,270
Aug 20237,04980.522.67$18,841
Jul 20238,14774.852.64$21,523
Jun 20238,06768.962.26$18,219
May 20237,34770.622.23$16,365
Apr 20236,61678.122.24$14,805
Mar 20237,15672.852.39$17,125
Feb 20235,96275.112.47$14,700
Jan 20237,36176.533.39$24,937
Dec 20228,10076.415.73$46,406
Nov 20227,80885.005.65$44,086
Oct 20227,70787.185.86$45,192
Sep 20228,78384.888.16$71,702
Aug 20224,54994.529.13$41,519
Jul 20223,732101.587.54$28,147
Jun 20220115.097.98$0
May 20222109.378.43$17
Apr 2022101104.226.84$691
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 20208139.982.39$193
Jul 202091438.371.83$1,668
Jun 20202,73134.901.69$4,616
May 202036316.921.81$659
Apr 20201,53414.751.80$2,768
Mar 20201,65130.341.86$3,065
Feb 20201,82049.881.98$3,605
Jan 20201,02957.252.09$2,155
Dec 201950359.012.30$1,159
Nov 2019055.302.75$0
Oct 20191,10453.472.42$2,670
Sep 20191,89355.052.66$5,030
Aug 20191,16153.112.30$2,675
Jul 201978356.272.46$1,926
Jun 20191,28252.782.49$3,194
May 20193,01858.482.74$8,270
Apr 20194,70962.632.75$12,953
Mar 20192,16056.803.06$6,614
Feb 2019050.852.79$0
Jan 20192,92046.033.23$9,426
Dec 20181,22446.594.19$5,123
Nov 201810,19652.934.24$43,203
Oct 201866661.443.40$2,263
Sep 20187,97259.543.11$24,777
Aug 201811,28259.403.07$34,597
Jul 20187,94165.142.93$23,282
Jun 20185,45660.183.08$16,788
May 20185,72265.382.90$16,598
Apr 20186,07263.842.90$17,614
Mar 20186,63261.222.79$18,482
Feb 20186,79561.782.77$18,796
Jan 20187,61462.874.01$30,527
Dec 20177,84657.272.92$22,922
Nov 20177,12655.423.12$22,221
Oct 20178,29049.292.98$24,735
Sep 20178,55547.523.09$26,412
Aug 20178,74145.373.00$26,261
Jul 20178,48043.873.09$26,180
Jun 20178,73542.493.09$26,967
May 20179,58445.373.26$31,276
Apr 20179,33247.933.21$29,971
Mar 20179,51346.772.98$28,384
Feb 20179,02650.452.95$26,650
Jan 201710,70349.413.42$36,591
Dec 201611,60148.763.72$43,189
Nov 201611,00342.492.64$29,096
Oct 201611,62146.193.09$35,912
Sep 201611,56741.553.10$35,865
Aug 20165,71041.442.92$16,698
Jul 201610,39841.622.92$30,407
Jun 201610,65345.352.69$28,612
May 201611,62442.521.99$23,144
Apr 201611,88936.561.99$23,671
Mar 201612,34433.011.79$22,145
Feb 201610,57326.472.06$21,819
Jan 201610,83727.352.36$25,623
Dec 20159,68532.362.00$19,384
Nov 20158,17638.792.17$17,720
Oct 20159,99943.552.43$24,263
Sep 20157,57142.992.76$20,884
Aug 20157,87040.162.87$22,607
Jul 20157,74648.152.95$22,813
Jun 20157,03856.152.88$20,290
May 20159,22555.212.96$27,264
Apr 201511,09249.822.71$30,021
Mar 201511,72142.892.93$34,398
Feb 201510,01444.662.98$29,804
Jan 20159,99043.433.10$30,975
Dec 20148,64654.693.59$31,051
Nov 20148,94370.464.25$38,024
Oct 20149,21078.303.90$35,928
Sep 20149,19186.164.05$37,182
Aug 20149,30989.394.04$37,563
Jul 20149,60196.564.18$40,128
Jun 20148,83498.164.74$41,846
May 20149,28894.734.73$43,900
Apr 20149,33495.944.81$44,888
Mar 201411,59395.895.06$58,623
Feb 201410,13597.406.19$62,756
Jan 201411,15690.404.86$54,226
Dec 201311,85991.824.35$51,640
Nov 201310,93088.853.74$40,859
Oct 201310,91597.423.78$41,252
Sep 201311,017104.113.72$40,958
Aug 201310,642104.253.52$37,488
Jul 201311,280102.523.72$41,936
Jun 201310,06194.403.93$39,574
May 201311,63594.834.15$48,275
Apr 201312,21693.964.28$52,316
Mar 201310,88193.623.91$42,576
Feb 201310,82791.233.42$37,027
Jan 201310,55491.603.42$36,094
Dec 201211,46586.773.42$39,212
Nov 20129,67986.953.62$35,086
Oct 201210,58889.383.40$35,996
Sep 201210,15894.672.92$29,645
Aug 20129,89092.662.91$28,762
Jul 201210,55885.133.02$31,894
Jun 20129,59879.822.52$24,178
May 20129,68591.612.49$24,099
Apr 20129,944101.652.00$19,856
Mar 201210,395105.052.22$23,099
Feb 20129,506101.102.57$24,433
Jan 201210,21398.092.73$27,923
Dec 201110,25796.873.24$33,230
Nov 20118,66795.723.31$28,699
Oct 201110,39784.983.65$37,934
Sep 201110,44483.623.99$41,628
Aug 201111,05383.404.15$45,862
Jul 201112,02294.144.52$54,306
Jun 201112,05692.904.64$55,938
May 201111,93898.134.40$52,585
Apr 201111,434105.964.33$49,547
Mar 201111,61496.364.06$47,122
Feb 201111,29685.644.18$47,217
Jan 201112,24786.504.59$56,199
Dec 201011,69785.734.35$50,856
Nov 201011,72580.843.80$44,500
Oct 201015,54678.103.51$54,549
Sep 201015,55072.633.98$61,881
Aug 201017,01873.684.42$75,209
Jul 201017,25572.554.74$81,728
Jun 201017,48270.364.91$85,844
May 201017,28371.124.24$73,197
Apr 201018,15981.694.12$74,864
Mar 201018,81278.394.39$82,560
Feb 201018,13973.585.44$98,719
Jan 201019,61574.365.96$116,986
Dec 200920,06671.445.48$110,037
Nov 200920,83574.593.75$78,163
Oct 200922,02172.544.11$90,512
Sep 200922,39665.543.06$68,638
Aug 200923,87767.423.22$76,848
Jul 200924,71861.133.46$85,636
Jun 200925,18766.163.90$98,103
May 200927,58054.743.93$108,272
Apr 200930,70846.773.59$110,165
Mar 200930,16142.144.06$122,424
Feb 200927,72332.814.63$128,441
Jan 200933,33335.865.37$179,032
Dec 200835,16737.105.98$210,198
Nov 200837,44155.496.86$256,859
Oct 200846,33075.246.92$320,695
Sep 200847,384101.767.88$373,248
Aug 200855,003114.228.48$466,592
Jul 200853,244131.0811.39$606,419
Jun 200868,412131.3313.03$891,588
May 200873,499123.1711.57$850,699
Apr 200817,713110.3110.45$185,187
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 200723,98575.846.24$149,766

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                5,937 Mcf  × $  3.05 =    $18,083

────────────────────────────────────────────────────
Month total                                  $18,083

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/246920 is the state's own key, not one this site invented.