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 248817District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.9 M
Jan 2009 – May 2026
Value, last 12 filed months
$93 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$60
GasProduction1,022,087 Mcf$3,868,282
Total$3,868,343

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 202601,836106.413.05$5,592
Apr 202601,69198.932.87$4,853
Mar 202601,98189.753.15$6,239
Feb 202601,88063.503.75$7,051
Jan 202601,99059.138.00$15,916
Dec 202501,98356.664.41$8,752
Nov 202502,18658.593.93$8,583
Oct 202502,52859.383.30$8,355
Sep 202502,37462.743.08$7,305
Aug 202502,42363.933.01$7,305
Jul 202502,10166.743.32$6,965
Jun 202502,00566.483.13$6,273
May 202502,02260.553.23$6,536
Apr 202501,97262.363.54$6,987
Mar 202502,13067.704.27$9,092
Feb 202501,79870.884.34$7,805
Jan 202502,40874.324.28$10,303
Dec 202402,53868.993.12$7,922
Nov 202402,21969.052.20$4,878
Oct 202402,33471.372.28$5,325
Sep 202402,34969.612.36$5,554
Aug 202402,48175.632.06$5,120
Jul 202402,34079.932.15$5,023
Jun 202401,98378.082.63$5,223
May 202402,65378.812.20$5,832
Apr 202402,13284.451.66$3,537
Mar 202402,47480.301.55$3,823
Feb 202401,67076.091.78$2,979
Jan 202401,94173.023.30$6,401
Dec 202301,89471.262.61$4,945
Nov 202302,18177.892.81$6,123
Oct 202302,03685.443.09$6,286
Sep 202301,79589.042.74$4,909
Aug 202301,98780.522.67$5,311
Jul 202301,92274.852.64$5,078
Jun 202301,54468.962.26$3,487
May 202301,97070.622.23$4,388
Apr 202301,71378.122.24$3,833
Mar 202301,52572.852.39$3,650
Feb 202302,23475.112.47$5,508
Jan 202303,01476.533.39$10,211
Dec 202202,46776.415.73$14,134
Nov 202202,69285.005.65$15,200
Oct 202203,13987.185.86$18,406
Sep 202203,31284.888.16$27,038
Aug 202201,37994.529.13$12,586
Jul 202201,800101.587.54$13,576
Jun 202202,196115.097.98$17,518
May 202202,035109.378.43$17,161
Apr 202202,018104.226.84$13,798
Mar 202202,676108.885.08$13,584
Feb 202202,30791.054.86$11,209
Jan 202203,54881.844.54$16,100
Dec 202102,55071.323.90$9,943
Nov 202102,46477.435.24$12,904
Oct 202102,74079.795.71$15,656
Sep 202102,83869.865.35$15,186
Aug 202103,36666.024.22$14,207
Jul 202102,89570.783.98$11,528
Jun 202102,57069.493.38$8,688
May 202102,81163.483.02$8,483
Apr 202102,85260.362.76$7,867
Mar 202103,35861.302.72$9,123
Feb 202102,12757.805.55$11,800
Jan 202103,38350.412.81$9,507
Dec 202003,15544.642.68$8,441
Nov 202002,93638.772.71$7,946
Oct 202002,97336.972.48$7,368
Sep 202002,97737.091.99$5,927
Aug 202003,42439.982.39$8,167
Jul 202003,09738.371.83$5,652
Jun 202002,13034.901.69$3,600
May 202002,40916.921.81$4,372
Apr 202002,61414.751.80$4,717
Mar 202002,87230.341.86$5,331
Feb 202002,65549.881.98$5,259
Jan 202002,69057.252.09$5,635
Dec 201902,72359.012.30$6,275
Nov 201902,62055.302.75$7,207
Oct 201902,76153.472.42$6,678
Sep 201902,97755.052.66$7,911
Aug 201903,31853.112.30$7,646
Jul 201902,85056.272.46$7,011
Jun 201903,20552.782.49$7,984
May 201903,49358.482.74$9,572
Apr 201904,00462.632.75$11,014
Mar 201903,62656.803.06$11,103
Feb 201902,88150.852.79$8,044
Jan 201903,24246.033.23$10,466
Dec 201803,90646.594.19$16,348
Nov 201803,18652.934.24$13,500
Oct 2018055561.443.40$1,886
Sep 201803,22059.543.11$10,008
Aug 201803,27459.403.07$10,040
Jul 201801,01965.142.93$2,988
Jun 201811,45060.183.08$4,522
May 201802,60965.382.90$7,568
Apr 201801,96663.842.90$5,703
Mar 201802,56161.222.79$7,137
Feb 201802,98961.782.77$8,268
Jan 201807,55362.874.01$30,282
Dec 2017011,95857.272.92$34,936
Nov 201705,66555.423.12$17,666
Oct 201708,78949.292.98$26,224
Sep 201703,37347.523.09$10,413
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201701,81742.493.09$5,610
May 20170045.373.26$0
Apr 2017084047.933.21$2,698
Mar 2017086846.772.98$2,590
Feb 2017065250.452.95$1,925
Jan 2017075849.413.42$2,591
Dec 2016078748.763.72$2,930
Nov 2016084142.492.64$2,224
Oct 201607,34846.193.09$22,707
Sep 2016013,29341.553.10$41,217
Aug 2016016,19641.442.92$47,363
Jul 2016014,64341.622.92$42,821
Jun 201608,03145.352.69$21,570
May 2016028242.521.99$561
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201601,70626.472.06$3,521
Jan 201602,61827.352.36$6,190
Dec 2015016132.362.00$322
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015045248.152.95$1,331
Jun 2015091356.152.88$2,632
May 201504,40755.212.96$13,025
Apr 201505,16349.822.71$13,974
Mar 201505,01342.892.93$14,712
Feb 201504,97144.662.98$14,795
Jan 201505,22543.433.10$16,201
Dec 201405,52754.693.59$19,849
Nov 201404,66870.464.25$19,848
Oct 201405,89578.303.90$22,996
Sep 201406,50486.164.05$26,312
Aug 201407,01389.394.04$28,298
Jul 201405,90596.564.18$24,681
Jun 201405,90498.164.74$27,967
May 201406,08094.734.73$28,737
Apr 201406,23595.944.81$29,985
Mar 201406,69195.895.06$33,835
Feb 201406,38597.406.19$39,536
Jan 201407,73890.404.86$37,612
Dec 201308,06091.824.35$35,097
Nov 201307,98488.853.74$29,846
Oct 201308,40197.423.78$31,750
Sep 201308,915104.113.72$33,144
Aug 2013010,954104.253.52$38,587
Jul 2013017102.523.72$63
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 2012082294.672.92$2,399
Aug 201206,34192.662.91$18,441
Jul 201207,48185.133.02$22,599
Jun 201206,16279.822.52$15,522
May 201206,59391.612.49$16,405
Apr 201206,386101.652.00$12,752
Mar 201206,225105.052.22$13,832
Feb 201207,735101.102.57$19,881
Jan 201205,85498.092.73$16,005
Dec 201109,44096.873.24$30,583
Nov 201107,71795.723.31$25,553
Oct 201107,82184.983.65$28,535
Sep 201107,15283.623.99$28,506
Aug 201103,94083.404.15$16,348
Jul 2011074394.144.52$3,356
Jun 20110492.904.64$19
May 201101,27498.134.40$5,612
Apr 201107,181105.964.33$31,117
Mar 201108,48196.364.06$34,410
Feb 201107,25785.644.18$30,334
Jan 201108,24186.504.59$37,816
Dec 201008,40485.734.35$36,538
Nov 201008,96780.843.80$34,033
Oct 201009,90378.103.51$34,749
Sep 201009,53172.633.98$37,928
Aug 2010010,75473.684.42$47,526
Jul 2010011,74272.554.74$55,616
Jun 2010011,85770.364.91$58,223
May 2010012,96371.124.24$54,901
Apr 2010012,78281.694.12$52,696
Mar 2010013,38378.394.39$58,734
Feb 2010013,26273.585.44$72,177
Jan 2010015,29974.365.96$91,245
Dec 2009016,58771.445.48$90,959
Nov 2009016,72574.593.75$62,744
Oct 2009017,54772.544.11$72,123
Sep 2009018,51065.543.06$56,729
Aug 2009021,28167.423.22$68,493
Jul 2009013,36861.133.46$46,313
Jun 2009019,37966.163.90$75,481
May 2009015,66754.743.93$61,505
Apr 2009026,09946.773.59$93,630
Mar 2009031,14442.144.06$126,414
Feb 2009033,10232.814.63$153,362
Jan 2009029,65535.865.37$159,277

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                1,836 Mcf  × $  3.05 =     $5,592

────────────────────────────────────────────────────
Month total                                   $5,592

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/248817 is the state's own key, not one this site invented.