CHRISTINE'S LUCKY DRAW

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 247887District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 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
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
CondensateDisposition17,979 bbl$1,491,603
GasProduction584,609 Mcf$3,172,493
Total$4,664,096

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 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 20240084.451.66$0
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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
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 20220084.888.16$0
Aug 2022013794.529.13$1,250
Jul 202200101.587.54$0
Jun 2022017115.097.98$136
May 202201109.378.43$8
Apr 2022170104.226.84$1,772
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020047534.901.69$803
May 202001,24416.921.81$2,258
Apr 202001,12414.751.80$2,028
Mar 2020551,17330.341.86$3,846
Feb 202001,31749.881.98$2,609
Jan 202001,31157.252.09$2,746
Dec 20191431,01259.012.30$10,770
Nov 2019092055.302.75$2,531
Oct 201901,81553.472.42$4,390
Sep 201901,92455.052.66$5,113
Aug 2019097553.112.30$2,247
Jul 201901,36856.272.46$3,365
Jun 201901,88652.782.49$4,698
May 201902,87258.482.74$7,870
Apr 201903,16862.632.75$8,714
Mar 201902,41856.803.06$7,404
Feb 20191782,47150.852.79$15,951
Jan 201903,20746.033.23$10,353
Dec 201803,05546.594.19$12,787
Nov 201803,75752.934.24$15,919
Oct 201803,59261.443.40$12,206
Sep 201803,03659.543.11$9,436
Aug 20181713,07559.403.07$19,587
Jul 201803,26565.142.93$9,573
Jun 201803,73060.183.08$11,477
May 201804,23265.382.90$12,276
Apr 201804,12763.842.90$11,972
Mar 201803,72361.222.79$10,375
Feb 201801,65461.782.77$4,575
Jan 201813016262.874.01$8,823
Dec 201703,40457.272.92$9,945
Nov 201703,42855.423.12$10,690
Oct 201703,37149.292.98$10,058
Sep 2017843,04947.523.09$13,405
Aug 201702,17745.373.00$6,541
Jul 2017030843.873.09$951
Jun 2017010642.493.09$327
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170346.772.98$9
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20157418848.152.95$4,117
Jun 201501,03656.152.88$2,987
May 2015096555.212.96$2,852
Apr 20151811,07749.822.71$11,932
Mar 201501,08542.892.93$3,184
Feb 201501,05144.662.98$3,128
Jan 201501,54043.433.10$4,775
Dec 20141842,12954.693.59$17,709
Nov 201402,35570.464.25$10,013
Oct 201401,90678.303.90$7,435
Sep 201401,69786.164.05$6,865
Aug 201402,35289.394.04$9,491
Jul 20141781,40896.564.18$23,073
Jun 201401,11098.164.74$5,258
May 201401,08994.734.73$5,147
Apr 2014053395.944.81$2,563
Mar 2014093995.895.06$4,748
Feb 2014057397.406.19$3,548
Jan 2014076390.404.86$3,709
Dec 201318740391.824.35$18,925
Nov 2013058588.853.74$2,187
Oct 201301,62497.423.78$6,138
Sep 20131822,331104.113.72$27,614
Aug 2013092104.253.52$324
Jul 20131792,399102.523.72$27,270
Jun 201301,63694.403.93$6,435
May 20131852,22394.834.15$26,767
Apr 201301,93393.964.28$8,278
Mar 201301,51993.623.91$5,944
Feb 20131761,73991.233.42$22,004
Jan 201301,23891.603.42$4,234
Dec 20121761,52886.773.42$20,498
Nov 201201,61086.953.62$5,836
Oct 201202,23589.383.40$7,598
Sep 20121721,76794.672.92$21,440
Aug 201202,21592.662.91$6,442
Jul 201202,89385.133.02$8,739
Jun 201202,34479.822.52$5,905
May 201217933091.612.49$17,219
Apr 201203,957101.652.00$7,901
Mar 2012525,439105.052.22$17,548
Feb 201202,520101.102.57$6,477
Jan 201205,37598.092.73$14,696
Dec 201112611196.873.24$12,565
Nov 20110195.723.31$3
Oct 201101,55184.983.65$5,659
Sep 201104,89483.623.99$19,507
Aug 20113325,70183.404.15$51,344
Jul 201105,78894.144.52$26,146
Jun 20111825,59892.904.64$42,882
May 20113656,08098.134.40$62,599
Apr 201105,600105.964.33$24,266
Mar 20111896,07896.364.06$42,873
Feb 20111795,01885.644.18$36,305
Jan 20111845,52986.504.59$41,287
Dec 201005,76585.734.35$25,065
Nov 20101865,95180.843.80$37,622
Oct 20101886,14878.103.51$36,255
Sep 20101946,02272.633.98$38,055
Aug 20101886,64973.684.42$43,236
Jul 20101936,93872.554.74$46,864
Jun 20101746,60570.364.91$44,676
May 20101957,73071.124.24$46,607
Apr 20101187,20081.694.12$39,323
Mar 20101717,55678.394.39$46,565
Feb 20101576,04373.585.44$44,440
Jan 20102957,06374.365.96$64,061
Dec 200905,96471.445.48$32,705
Nov 20091805,48074.593.75$33,984
Oct 20093526,17272.544.11$50,903
Sep 20091736,39865.543.06$30,947
Aug 20091846,57967.423.22$33,580
Jul 20091697,48061.133.46$36,245
Jun 20093458,16466.163.90$54,624
May 20091728,79654.743.93$43,946
Apr 20093708,32646.773.59$47,174
Mar 200937512,45942.144.06$66,374
Feb 20091888,37232.814.63$44,956
Jan 20095518,09435.865.37$63,232
Dec 20083699,31937.105.98$69,391
Nov 20083748,05255.496.86$75,993
Oct 20081928,56075.246.92$73,698
Sep 20085517,551101.767.88$115,550
Aug 20081859,578114.228.48$102,381
Jul 200837810,448131.0811.39$168,545
Jun 200856310,601131.3313.03$212,098
May 200855810,930123.1711.57$195,236
Apr 200857211,485110.3110.45$183,171
Mar 200874812,718101.909.66$199,129
Feb 200857612,80992.538.77$165,640
Jan 200857619,81090.388.21$214,614
Dec 200794419,84388.337.30$228,277
Nov 200790122,98591.677.29$250,194
Oct 200793428,19782.856.92$272,561
Sep 20070075.846.24$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.

Aug 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.52 =         $0
Gas                  137 Mcf  × $  9.13 =     $1,250

────────────────────────────────────────────────────
Month total                                   $1,250

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/247887 is the state's own key, not one this site invented.