SANDRA WAKEFIELD

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 250907District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
220
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
CondensateDisposition2,748 bbl$231,688
GasProduction128,196 Mcf$841,107
Total$1,072,795

Every month this lease reported (220)

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

220 months

May 2026220106.413.05$2,341
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20252056.664.41$113
Nov 20250058.593.93$0
Oct 202519059.383.30$1,128
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202523066.743.32$1,535
Jun 20253066.483.13$199
May 20252060.553.23$121
Apr 20253062.363.54$187
Mar 202526067.704.27$1,760
Feb 20254070.884.34$284
Jan 202515074.324.28$1,115
Dec 20244068.993.12$276
Nov 20241069.052.20$69
Oct 20245071.372.28$357
Sep 20240069.612.36$0
Aug 20243075.632.06$227
Jul 20240079.932.15$0
Jun 20242078.082.63$156
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20242080.301.55$161
Feb 20242076.091.78$152
Jan 20240073.023.30$0
Dec 20232071.262.61$143
Nov 20234077.892.81$312
Oct 20233085.443.09$256
Sep 20234089.042.74$356
Aug 20233080.522.67$242
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202346072.852.39$3,351
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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20222620104.226.84$27,306
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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001330.341.86$24
Feb 20200049.881.98$0
Jan 2020015157.252.09$316
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201905755.052.66$151
Aug 20190053.112.30$0
Jul 201901,48956.272.46$3,663
Jun 2019079352.782.49$1,976
May 2019067058.482.74$1,836
Apr 2019014262.632.75$391
Mar 201901,93656.803.06$5,928
Feb 201902,20950.852.79$6,168
Jan 2019078546.033.23$2,534
Dec 2018021246.594.19$887
Nov 2018093252.934.24$3,949
Oct 201801,58161.443.40$5,372
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201811060.183.08$662
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 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 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
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 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011731084.983.65$6,240
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201002471.124.24$102
Apr 20100881.694.12$33
Mar 2010736,72778.394.39$35,245
Feb 201006,78873.585.44$36,943
Jan 201004074.365.96$239
Dec 200918448571.445.48$15,805
Nov 200901,10374.593.75$4,138
Oct 20091772,06472.544.11$21,323
Sep 200908,21965.543.06$25,189
Aug 200905,86067.423.22$18,860
Jul 20091854,11161.133.46$25,552
Jun 200904,46166.163.90$17,376
May 200903,55654.743.93$13,960
Apr 20091915846.773.59$9,141
Mar 200904,48142.144.06$18,188
Feb 2009972,93932.814.63$16,799
Jan 200904,49735.865.37$24,153
Dec 20081875,38637.105.98$39,131
Nov 200805,00155.496.86$34,309
Oct 20081935,44475.246.92$52,205
Sep 20081703,143101.767.88$42,057
Aug 20081916,760114.228.48$79,161
Jul 20081906,439131.0811.39$98,242
Jun 20081697,717131.3313.03$122,768
May 200803,402123.1711.57$39,376
Apr 200802,225110.3110.45$23,262
Mar 200819516,070101.909.66$175,172
Feb 2008020892.538.77$1,824

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            22 bbl  × $106.41 =     $2,341
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,341

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/250907 is the state's own key, not one this site invented.