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 248082District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
219
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
CondensateDisposition4,208 bbl$346,893
GasProduction591,373 Mcf$2,714,383
Total$3,061,276

Every month this lease reported (219)

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

219 months

May 2026435,900106.413.05$22,546
Apr 202604,70798.932.87$13,508
Mar 202606,61089.753.15$20,818
Feb 202605,75363.503.75$21,576
Jan 202606,47659.138.00$51,795
Dec 202526,30756.664.41$27,948
Nov 202506,06258.593.93$23,802
Oct 2025206,02959.383.30$21,112
Sep 202505,79762.743.08$17,837
Aug 202506,49463.933.01$19,578
Jul 2025246,45566.743.32$23,001
Jun 202535,97166.483.13$18,881
May 202516,22660.553.23$20,185
Apr 202536,28862.363.54$22,466
Mar 2025306,64067.704.27$30,373
Feb 202534,28470.884.34$18,809
Jan 2025115,20674.324.28$23,092
Dec 202435,88768.993.12$18,582
Nov 202415,83669.052.20$12,899
Oct 202456,46471.372.28$15,104
Sep 202406,04269.612.36$14,285
Aug 2024586,80175.632.06$18,421
Jul 202407,16079.932.15$15,370
Jun 202426,01578.082.63$16,000
May 202404,06978.812.20$8,945
Apr 202405,01084.451.66$8,313
Mar 2024445,15680.301.55$11,500
Feb 202414,68176.091.78$8,425
Jan 202404,90773.023.30$16,182
Dec 202304,88071.262.61$12,740
Nov 202333,95477.892.81$11,335
Oct 202334,13485.443.09$13,019
Sep 202323,04089.042.74$8,493
Aug 202322,72680.522.67$7,447
Jul 2023183,11474.852.64$9,574
Jun 202302,92568.962.26$6,606
May 202303,48470.622.23$7,760
Apr 2023273,06778.122.24$8,972
Mar 2023373,28172.852.39$10,547
Feb 20230075.112.47$0
Jan 202302,70376.533.39$9,157
Dec 202201,55976.415.73$8,932
Nov 202201,14385.005.65$6,454
Oct 202201,58387.185.86$9,282
Sep 202201,66584.888.16$13,593
Aug 202201,76294.529.13$16,082
Jul 202201,880101.587.54$14,179
Jun 202201,735115.097.98$13,840
May 202201,772109.378.43$14,943
Apr 20222891,786104.226.84$42,332
Mar 202201,950108.885.08$9,899
Feb 202201,57291.054.86$7,638
Jan 202201,74781.844.54$7,927
Dec 202102,65671.323.90$10,356
Nov 202101,66577.435.24$8,719
Oct 202101,60779.795.71$9,182
Sep 202101,77169.865.35$9,476
Aug 202101,61866.024.22$6,829
Jul 202102,11770.783.98$8,430
Jun 202102,77269.493.38$9,371
May 202103,73463.483.02$11,268
Apr 202101,75660.362.76$4,844
Mar 2021072861.302.72$1,978
Feb 202101,37457.805.55$7,623
Jan 2021047250.412.81$1,326
Dec 202001,17244.642.68$3,136
Nov 202002,61038.772.71$7,064
Oct 202002,77036.972.48$6,865
Sep 202002,74537.091.99$5,465
Aug 202002,85539.982.39$6,809
Jul 202003,83538.371.83$6,999
Jun 202004,10234.901.69$6,934
May 202003,39516.921.81$6,161
Apr 202002,44914.751.80$4,419
Mar 202004,69130.341.86$8,708
Feb 202003,82349.881.98$7,572
Jan 202003,33057.252.09$6,975
Dec 201903,99259.012.30$9,199
Nov 201903,73355.302.75$10,268
Oct 201904,83253.472.42$11,686
Sep 201905,75055.052.66$15,279
Aug 201906,20153.112.30$14,289
Jul 201904,85756.272.46$11,949
Jun 201903,81252.782.49$9,496
May 201905,19958.482.74$14,247
Apr 201904,20262.632.75$11,558
Mar 201904,87056.803.06$14,912
Feb 201905,57050.852.79$15,553
Jan 201904,85446.033.23$15,670
Dec 201802,98446.594.19$12,489
Nov 201807,92152.934.24$33,563
Oct 201804,32161.443.40$14,683
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201835060.183.08$2,106
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
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 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201477154.693.59$4,215
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140195.944.81$5
Mar 20140595.895.06$25
Feb 2014050897.406.19$3,146
Jan 201401,91190.404.86$9,289
Dec 2013321,13991.824.35$7,898
Nov 201301,82188.853.74$6,807
Oct 201301,54797.423.78$5,847
Sep 201302,129104.113.72$7,915
Aug 201302,064104.253.52$7,271
Jul 201301,822102.523.72$6,774
Jun 201301,39594.403.93$5,487
May 201303,14694.834.15$13,053
Apr 201301,34593.964.28$5,760
Mar 20137893593.623.91$10,961
Feb 2013069191.233.42$2,363
Jan 2013094891.603.42$3,242
Dec 201201,08986.773.42$3,725
Nov 201201,16986.953.62$4,238
Oct 201201,36589.383.40$4,641
Sep 201201,55094.672.92$4,524
Aug 201201,23292.662.91$3,583
Jul 201201,13885.133.02$3,438
Jun 201201,59979.822.52$4,028
May 2012046991.612.49$1,167
Apr 2012025101.652.00$50
Mar 20120796105.052.22$1,769
Feb 20120777101.102.57$1,997
Jan 2012090898.092.73$2,483
Dec 2011092096.873.24$2,981
Nov 201101,12495.723.31$3,722
Oct 20111061,23684.983.65$13,517
Sep 2011073883.623.99$2,942
Aug 2011091783.404.15$3,805
Jul 201101,17194.144.52$5,290
Jun 201101,19592.904.64$5,545
May 201101,16898.134.40$5,145
Apr 2011078105.964.33$338
Mar 201105096.364.06$203
Feb 201101385.644.18$54
Jan 20110086.504.59$0
Dec 2010067285.734.35$2,922
Nov 2010037480.843.80$1,419
Oct 201015319178.103.51$12,620
Sep 2010083872.633.98$3,335
Aug 2010067473.684.42$2,979
Jul 201003072.554.74$142
Jun 201001470.364.91$69
May 201001,13371.124.24$4,799
Apr 201002,78181.694.12$11,465
Mar 20101952,25778.394.39$25,191
Feb 201003,04973.585.44$16,594
Jan 20101027,04174.365.96$49,578
Dec 200909,16971.445.48$50,281
Nov 200917310,20474.593.75$51,184
Oct 200918511,33172.544.11$59,993
Sep 200903,88965.543.06$11,919
Aug 200905,01167.423.22$16,128
Jul 20091794,12061.133.46$25,216
Jun 2009031166.163.90$1,211
May 200902,63054.743.93$10,325
Apr 200901,39746.773.59$5,012
Mar 20091828,18342.144.06$40,884
Feb 20091857,10932.814.63$39,006
Jan 20091887,26335.865.37$45,751
Dec 200801,84037.105.98$10,998
Nov 20081921,11055.496.86$18,269
Oct 20081945,80775.246.92$54,793
Sep 20083846,762101.767.88$92,341
Aug 200807,530114.228.48$63,877
Jul 200818314,924131.0811.39$193,963
Jun 2008010,283131.3313.03$134,015
May 20081898,397123.1711.57$120,468
Apr 200837216,645110.3110.45$215,056
Mar 200818926,429101.909.66$274,671

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            43 bbl  × $106.41 =     $4,576
Gas                5,900 Mcf  × $  3.05 =    $17,970

────────────────────────────────────────────────────
Month total                                  $22,546

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/248082 is the state's own key, not one this site invented.