WAKEFIELD, SANDRA

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 247919District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.0 M
Jan 2008 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
221
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
CondensateDisposition13,938 bbl$1,058,749
GasProduction1,723,457 Mcf$7,931,227
Total$8,989,976

Every month this lease reported (221)

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

221 months

May 20261121,278106.413.05$15,811
Apr 202601,61798.932.87$4,640
Mar 202601,06789.753.15$3,360
Feb 202601,13963.503.75$4,272
Jan 2026020759.138.00$1,656
Dec 2025241756.664.41$1,954
Nov 2025081458.593.93$3,196
Oct 2025381,17859.383.30$6,150
Sep 2025065562.743.08$2,015
Aug 202503963.933.01$118
Jul 20254919466.743.32$3,913
Jun 2025336766.483.13$1,348
May 2025124660.553.23$856
Apr 2025214462.363.54$635
Mar 2025576867.704.27$4,149
Feb 202531,73870.884.34$7,757
Jan 2025132,08974.324.28$9,904
Dec 202431,67268.993.12$5,426
Nov 202411,69569.052.20$3,795
Oct 202451,08971.372.28$2,841
Sep 202401,16769.612.36$2,759
Aug 202411973675.632.06$10,519
Jul 2024032179.932.15$689
Jun 2024094678.082.63$2,492
May 202403,62578.812.20$7,969
Apr 202402,56484.451.66$4,254
Mar 20241312,93980.301.55$15,060
Feb 202412,84276.091.78$5,145
Jan 202403,03473.023.30$10,005
Dec 202303,23671.262.61$8,448
Nov 202323,98277.892.81$11,335
Oct 202314,26885.443.09$13,262
Sep 202305,60289.042.74$15,322
Aug 202306,02680.522.67$16,107
Jul 20231016,77374.852.64$25,453
Jun 202306,63168.962.26$14,976
May 202306,84770.622.23$15,251
Apr 20231556,84078.122.24$27,415
Mar 2023257,23572.852.39$19,136
Feb 20230075.112.47$0
Jan 202307,79376.533.39$26,401
Dec 202207,37776.415.73$42,263
Nov 202207,80885.005.65$44,086
Oct 202208,76987.185.86$51,419
Sep 202208,39984.888.16$68,567
Aug 202208,91994.529.13$81,405
Jul 202208,549101.587.54$64,477
Jun 202208,376115.097.98$66,817
May 202208,336109.378.43$70,298
Apr 20221238,252104.226.84$69,243
Mar 202208,774108.885.08$44,540
Feb 202208,08091.054.86$39,259
Jan 202209,50181.844.54$43,113
Dec 202108,85971.323.90$34,542
Nov 202108,97477.435.24$46,995
Oct 202108,66579.795.71$49,511
Sep 202107,97169.865.35$42,652
Aug 20211798,34066.024.22$47,017
Jul 202109,00970.783.98$35,875
Jun 202108,10869.493.38$27,410
May 202108,55863.483.02$25,825
Apr 20211848,21960.362.76$33,778
Mar 202109,08761.302.72$24,689
Feb 202105,98657.805.55$33,210
Jan 202109,11150.412.81$25,604
Dec 202008,71444.642.68$23,314
Nov 20201817,58138.772.71$27,536
Oct 202008,27636.972.48$20,511
Sep 202008,28137.091.99$16,488
Aug 20201818,35639.982.39$27,166
Jul 202007,37538.371.83$13,460
Jun 202007,17034.901.69$12,120
May 202007,74916.921.81$14,063
Apr 20201457,42214.751.80$15,531
Mar 202007,36030.341.86$13,662
Feb 20201875,68149.881.98$20,580
Jan 202007,74157.252.09$16,215
Dec 201906,90359.012.30$15,907
Nov 201906,81255.302.75$18,738
Oct 20191806,48953.472.42$25,319
Sep 201906,05555.052.66$16,090
Aug 201906,16653.112.30$14,209
Jul 20191696,73956.272.46$26,088
Jun 201907,69052.782.49$19,157
May 201907,71258.482.74$21,133
Apr 20191877,16162.632.75$31,410
Mar 201906,74056.803.06$20,639
Feb 201906,50650.852.79$18,166
Jan 201908,82446.033.23$28,485
Dec 201813211,61846.594.19$54,776
Nov 201807,68852.934.24$32,576
Oct 201805,85761.443.40$19,903
Sep 201805,20159.543.11$16,165
Aug 201805,34659.403.07$16,394
Jul 20181764,60465.142.93$24,963
Jun 201804,93160.183.08$15,172
May 201805,29365.382.90$15,354
Apr 201805,34363.842.90$15,499
Mar 201805,85361.222.79$16,311
Feb 201804,32161.782.77$11,952
Jan 201805,27162.874.01$21,133
Dec 20171775,46557.272.92$26,103
Nov 201705,35455.423.12$16,696
Oct 201705,84349.292.98$17,434
Sep 201705,81247.523.09$17,943
Aug 201705,95145.373.00$17,879
Jul 201706,61743.873.09$20,429
Jun 201706,16542.493.09$19,033
May 20171816,60445.373.26$29,763
Apr 201704,91847.933.21$15,795
Mar 201706,12646.772.98$18,278
Feb 201705,66750.452.95$16,732
Jan 201706,18149.413.42$21,132
Dec 2016896,33848.763.72$27,935
Nov 201606,03842.492.64$15,967
Oct 201606,47746.193.09$20,016
Sep 201605,90141.553.10$18,297
Aug 20161316,65541.442.92$24,890
Jul 201606,84241.622.92$20,008
Jun 201606,76845.352.69$18,178
May 201606,99342.521.99$13,923
Apr 20161606,99636.561.99$19,779
Mar 201606,82633.011.79$12,246
Feb 201606,44926.472.06$13,308
Jan 201606,84527.352.36$16,184
Dec 20151767,35432.362.00$20,414
Nov 201507,15838.792.17$15,514
Oct 201506,48643.552.43$15,739
Sep 20151765,96242.992.76$24,012
Aug 201505,92640.162.87$17,022
Jul 201505,72348.152.95$16,855
Jun 201505,17856.152.88$14,927
May 20151724855.212.96$9,638
Apr 201505,88049.822.71$15,915
Mar 201505,95442.892.93$17,473
Feb 2015055444.662.98$1,649
Jan 201506,08443.433.10$18,864
Dec 20141155,32654.693.59$25,417
Nov 201405,55570.464.25$23,619
Oct 201405,83878.303.90$22,774
Sep 20141815,16186.164.05$36,473
Aug 201405,74689.394.04$23,186
Jul 201405,59496.564.18$23,381
Jun 201405,68098.164.74$26,905
May 20141726,09394.734.73$45,092
Apr 201404,92395.944.81$23,675
Mar 201406,20995.895.06$31,398
Feb 201407,24097.406.19$44,830
Jan 201407,88290.404.86$38,312
Dec 20131595,39991.824.35$38,109
Nov 201305,84888.853.74$21,861
Oct 201306,40997.423.78$24,222
Sep 201307,269104.113.72$27,024
Aug 201306,721104.253.52$23,675
Jul 201304,746102.523.72$17,644
Jun 201306,88794.403.93$27,089
May 201308,22094.834.15$34,105
Apr 201306,03593.964.28$25,845
Mar 20131085,42693.623.91$31,342
Feb 201307,57991.233.42$25,920
Jan 201307,31691.603.42$25,020
Dec 201207,90186.773.42$27,023
Nov 20121818,11886.953.62$45,165
Oct 201207,06389.383.40$24,012
Sep 20121767,03194.672.92$37,181
Aug 201208,24292.662.91$23,969
Jul 201207,02185.133.02$21,209
Jun 201206,20179.822.52$15,621
May 201208,22591.612.49$20,466
Apr 20121839,285101.652.00$37,142
Mar 201209,990105.052.22$22,199
Feb 201209,178101.102.57$23,590
Jan 20121829,96598.092.73$45,097
Dec 2011010,73096.873.24$34,762
Nov 2011010,70995.723.31$35,461
Oct 20111859,81384.983.65$51,524
Sep 2011010,49783.623.99$41,839
Aug 2011011,98483.404.15$49,725
Jul 201118911,09894.144.52$67,925
Jun 2011010,83792.904.64$50,282
May 201118511,05398.134.40$66,841
Apr 2011011,261105.964.33$48,797
Mar 2011011,60396.364.06$47,077
Feb 201118510,95085.644.18$61,614
Jan 2011012,18986.504.59$55,933
Dec 201017311,87685.734.35$66,465
Nov 2010010,23080.843.80$38,826
Oct 2010012,17978.103.51$42,735
Sep 201016312,54872.633.98$61,773
Aug 201018512,15373.684.42$67,339
Jul 2010013,89072.554.74$65,790
Jun 2010014,74170.364.91$72,384
May 201018914,93371.124.24$76,686
Apr 2010014,69481.694.12$60,579
Mar 20101209,99278.394.39$53,258
Feb 20101377,99073.585.44$53,565
Jan 20109813,70774.365.96$89,037
Dec 2009010,27871.445.48$56,362
Nov 20091867,75474.593.75$42,963
Oct 200907,59972.544.11$31,234
Sep 200906,09865.543.06$18,689
Aug 200903,15267.423.22$10,145
Jul 200937818,45461.133.46$87,041
Jun 200919119,53666.163.90$88,729
May 200918319,68354.743.93$87,288
Apr 200937021,73946.773.59$95,294
Mar 200918316,44942.144.06$74,478
Feb 200934515,86432.814.63$84,817
Jan 20093738,65835.865.37$59,878
Dec 200838322,97837.105.98$151,552
Nov 200837625,64455.496.86$196,791
Oct 200837825,06075.246.92$201,906
Sep 200837424,745101.767.88$232,977
Aug 200837524,556114.228.48$251,142
Jul 200837524,258131.0811.39$325,440
Jun 200857328,468131.3313.03$446,265
May 200837030,612123.1711.57$399,885
Apr 200878235,669110.3110.45$459,177
Mar 200836728,846101.909.66$316,167
Feb 20080092.538.77$0
Jan 200806,26490.388.21$51,401

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
Condensate           112 bbl  × $106.41 =    $11,918
Gas                1,278 Mcf  × $  3.05 =     $3,893

────────────────────────────────────────────────────
Month total                                  $15,811

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/247919 is the state's own key, not one this site invented.