PENT, ARNOLD

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 248685District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Jan 2009 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
209
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
CondensateDisposition1 bbl$75
GasProduction650,858 Mcf$2,570,736
Total$2,570,811

Every month this lease reported (209)

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

209 months

May 202601,805106.413.05$5,498
Apr 202601,91398.932.87$5,490
Mar 202601,93989.753.15$6,107
Feb 202601,66863.503.75$6,256
Jan 202601,70559.138.00$13,636
Dec 202501,67756.664.41$7,401
Nov 202501,62858.593.93$6,392
Oct 202501,96259.383.30$6,484
Sep 202501,87162.743.08$5,757
Aug 202502,13463.933.01$6,434
Jul 202502,33766.743.32$7,748
Jun 202502,24166.483.13$7,011
May 202501,89260.553.23$6,116
Apr 202501,80162.363.54$6,381
Mar 202502,15367.704.27$9,190
Feb 202502,12470.884.34$9,220
Jan 202502,58274.324.28$11,048
Dec 202401,60968.993.12$5,022
Nov 202401,71669.052.20$3,773
Oct 202401,99371.372.28$4,547
Sep 202402,18769.612.36$5,171
Aug 202402,42175.632.06$4,996
Jul 202401,97679.932.15$4,242
Jun 202401,86078.082.63$4,899
May 202401,74378.812.20$3,832
Apr 202401,90784.451.66$3,164
Mar 202402,05280.301.55$3,171
Feb 202402,05976.091.78$3,673
Jan 202402,01073.023.30$6,628
Dec 202302,45971.262.61$6,420
Nov 202302,10077.892.81$5,896
Oct 202301,53885.443.09$4,748
Sep 202301,90789.042.74$5,216
Aug 202302,21780.522.67$5,926
Jul 202312,62674.852.64$7,012
Jun 202302,17268.962.26$4,905
May 202301,72270.622.23$3,836
Apr 202302,52978.122.24$5,659
Mar 202301,70872.852.39$4,088
Feb 202302,51075.112.47$6,189
Jan 202303,43076.533.39$11,620
Dec 202202,86076.415.73$16,385
Nov 202202,77285.005.65$15,651
Oct 202202,86287.185.86$16,782
Sep 202202,87984.888.16$23,503
Aug 202201,67694.529.13$15,297
Jul 202201,980101.587.54$14,933
Jun 202202,368115.097.98$18,890
May 202202,283109.378.43$19,253
Apr 202201,953104.226.84$13,354
Mar 202202,325108.885.08$11,803
Feb 202202,11291.054.86$10,262
Jan 202203,25781.844.54$14,779
Dec 202102,70071.323.90$10,528
Nov 202102,81177.435.24$14,721
Oct 202102,91779.795.71$16,667
Sep 202102,79869.865.35$14,972
Aug 202102,56466.024.22$10,822
Jul 202102,62670.783.98$10,457
Jun 202101,89369.493.38$6,400
May 202102,00663.483.02$6,053
Apr 202102,84960.362.76$7,859
Mar 202103,16161.302.72$8,588
Feb 202102,02457.805.55$11,229
Jan 202101,66250.412.81$4,671
Dec 202002,01044.642.68$5,378
Nov 202002,17238.772.71$5,879
Oct 202002,94136.972.48$7,289
Sep 202002,87837.091.99$5,730
Aug 202003,25239.982.39$7,756
Jul 202002,88938.371.83$5,273
Jun 202002,14534.901.69$3,626
May 202002,45316.921.81$4,452
Apr 202002,39314.751.80$4,318
Mar 202002,59030.341.86$4,808
Feb 202002,57949.881.98$5,108
Jan 202002,93557.252.09$6,148
Dec 201903,23259.012.30$7,448
Nov 201902,62055.302.75$7,207
Oct 201902,53753.472.42$6,136
Sep 201902,18755.052.66$5,811
Aug 201903,19453.112.30$7,360
Jul 201902,07956.272.46$5,114
Jun 20190052.782.49$0
May 2019097858.482.74$2,680
Apr 201903,37562.632.75$9,284
Mar 201901,65356.803.06$5,062
Feb 201901,69750.852.79$4,738
Jan 201902,67646.033.23$8,639
Dec 201803,40546.594.19$14,251
Nov 201803,39452.934.24$14,381
Oct 20180061.443.40$0
Sep 201803,89859.543.11$12,115
Aug 201804,01159.403.07$12,300
Jul 2018082065.142.93$2,404
Jun 201801,12960.183.08$3,474
May 2018041665.382.90$1,207
Apr 20180063.842.90$0
Mar 2018015861.222.79$440
Feb 201801,07661.782.77$2,976
Jan 201804,86762.874.01$19,513
Dec 201707,98857.272.92$23,337
Nov 2017040055.423.12$1,247
Oct 2017046049.292.98$1,372
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 2017012649.413.42$431
Dec 201607,96148.763.72$29,637
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 201601933.011.79$34
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 20140054.693.59$0
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 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130388.853.74$11
Oct 20130697.423.78$23
Sep 201305,706104.113.72$21,213
Aug 201302,406104.253.52$8,475
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120179.822.52$3
May 20120091.612.49$0
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201202101.102.57$5
Jan 2012051698.092.73$1,411
Dec 201103,27196.873.24$10,597
Nov 201105,06395.723.31$16,765
Oct 201105,24584.983.65$19,137
Sep 201105,89283.623.99$23,484
Aug 201106,57383.404.15$27,273
Jul 201106,42494.144.52$29,019
Jun 201107,21592.904.64$33,477
May 201108,69098.134.40$38,278
Apr 201106,978105.964.33$30,238
Mar 201106,36296.364.06$25,813
Feb 201106,84185.644.18$28,595
Jan 201107,52086.504.59$34,508
Dec 201007,09885.734.35$30,860
Nov 201006,64080.843.80$25,201
Oct 201007,21378.103.51$25,310
Sep 201006,12672.633.98$24,378
Aug 201008,32073.684.42$36,769
Jul 201009,40072.554.74$44,523
Jun 201009,13770.364.91$44,866
May 2010010,16971.124.24$43,068
Apr 2010010,08781.694.12$41,586
Mar 2010010,46678.394.39$45,932
Feb 2010010,40373.585.44$56,617
Jan 2010012,48074.365.96$74,432
Dec 2009012,48671.445.48$68,470
Nov 2009013,32074.593.75$49,970
Oct 2009014,23472.544.11$58,505
Sep 2009014,58865.543.06$44,709
Aug 2009015,86767.423.22$51,068
Jul 2009018,73661.133.46$64,911
Jun 2009017,51666.163.90$68,225
May 2009020,32354.743.93$79,783
Apr 2009020,85146.773.59$74,803
Mar 2009020,75942.144.06$84,261
Feb 2009025,13432.814.63$116,446
Jan 2009023,97535.865.37$128,770

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             0 bbl  × $106.41 =         $0
Gas                1,805 Mcf  × $  3.05 =     $5,498

────────────────────────────────────────────────────
Month total                                   $5,498

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/248685 is the state's own key, not one this site invented.