LUMBERMEN "B"

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 250978District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Mar 2009 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
207
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
CondensateDisposition14 bbl$1,034
GasProduction949,312 Mcf$3,631,141
Total$3,632,175

Every month this lease reported (207)

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

207 months

May 202602,314106.413.05$7,048
Apr 202602,33498.932.87$6,698
Mar 202602,07089.753.15$6,519
Feb 202601,90363.503.75$7,137
Jan 202601,70459.138.00$13,628
Dec 202501,99256.664.41$8,791
Nov 202501,89658.593.93$7,445
Oct 202502,21859.383.30$7,330
Sep 202502,31062.743.08$7,108
Aug 202502,38263.933.01$7,181
Jul 202502,70166.743.32$8,954
Jun 202502,65266.483.13$8,297
May 202503,03260.553.23$9,800
Apr 202502,10562.363.54$7,458
Mar 202502,63267.704.27$11,234
Feb 202531,81370.884.34$8,083
Jan 2025102,28474.324.28$10,516
Dec 202402,32368.993.12$7,251
Nov 202402,32369.052.20$5,107
Oct 202402,11371.372.28$4,821
Sep 202402,14169.612.36$5,062
Aug 202402,20075.632.06$4,540
Jul 202402,45879.932.15$5,276
Jun 202412,34378.082.63$6,250
May 202402,42778.812.20$5,336
Apr 202402,23984.451.66$3,715
Mar 202401,92480.301.55$2,973
Feb 202402,25176.091.78$4,015
Jan 202402,31073.023.30$7,618
Dec 202302,52071.262.61$6,579
Nov 202302,56677.892.81$7,204
Oct 202301,69585.443.09$5,233
Sep 202302,21389.042.74$6,053
Aug 202302,38480.522.67$6,372
Jul 202302,46274.852.64$6,504
Jun 202302,36268.962.26$5,335
May 202302,51770.622.23$5,606
Apr 202302,58078.122.24$5,773
Mar 202302,75872.852.39$6,600
Feb 202302,41175.112.47$5,945
Jan 202302,50476.533.39$8,483
Dec 202202,64976.415.73$15,176
Nov 202202,69785.005.65$15,228
Oct 202202,90587.185.86$17,034
Sep 202202,92884.888.16$23,903
Aug 202202,43594.529.13$22,225
Jul 202202,667101.587.54$20,115
Jun 202202,747115.097.98$21,913
May 202202,863109.378.43$24,144
Apr 202202,985104.226.84$20,410
Mar 202202,722108.885.08$13,818
Feb 202202,49391.054.86$12,113
Jan 202202,84281.844.54$12,896
Dec 202102,80171.323.90$10,921
Nov 202103,30977.435.24$17,329
Oct 202103,48479.795.71$19,907
Sep 202101,74669.865.35$9,343
Aug 202102,87566.024.22$12,134
Jul 202102,77170.783.98$11,034
Jun 202103,09869.493.38$10,473
May 202103,29463.483.02$9,940
Apr 202103,25960.362.76$8,990
Mar 202103,53861.302.72$9,613
Feb 202101,94857.805.55$10,807
Jan 202103,40950.412.81$9,580
Dec 202003,70944.642.68$9,923
Nov 202003,32338.772.71$8,994
Oct 202002,13736.972.48$5,296
Sep 202001,85037.091.99$3,683
Aug 202002,07239.982.39$4,942
Jul 202002,12638.371.83$3,880
Jun 202001,83834.901.69$3,107
May 202002,14816.921.81$3,898
Apr 202001,97314.751.80$3,560
Mar 202001,08130.341.86$2,007
Feb 202003,53849.881.98$7,008
Jan 202004,14057.252.09$8,672
Dec 201903,47659.012.30$8,010
Nov 201903,61955.302.75$9,955
Oct 201904,59053.472.42$11,101
Sep 201903,57755.052.66$9,505
Aug 201904,31353.112.30$9,939
Jul 201904,40256.272.46$10,829
Jun 201904,28152.782.49$10,665
May 201904,39758.482.74$12,049
Apr 201902,95862.632.75$8,137
Mar 201903,75956.803.06$11,510
Feb 201904,21650.852.79$11,772
Jan 201904,82246.033.23$15,566
Dec 201803,37046.594.19$14,105
Nov 201804,35752.934.24$18,462
Oct 201803,70361.443.40$12,583
Sep 201808,24459.543.11$25,622
Aug 2018013,01059.403.07$39,896
Jul 201803,35765.142.93$9,842
Jun 201803,06860.183.08$9,440
May 201804,13965.382.90$12,006
Apr 201804,19163.842.90$12,157
Mar 201804,19161.222.79$11,680
Feb 20180061.782.77$0
Jan 201804,66362.874.01$18,695
Dec 201705,17257.272.92$15,110
Nov 201705,74655.423.12$17,918
Oct 201706,06049.292.98$18,081
Sep 201705,92747.523.09$18,298
Aug 201706,38145.373.00$19,171
Jul 201705,49243.873.09$16,955
Jun 201706,07242.493.09$18,746
May 201705,66345.373.26$18,481
Apr 201704,23547.933.21$13,601
Mar 2017029246.772.98$871
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201604048.763.72$149
Nov 201604,39842.492.64$11,630
Oct 201607,00146.193.09$21,635
Sep 201607,35541.553.10$22,805
Aug 20160041.442.92$0
Jul 201601441.622.92$41
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201608633.011.79$154
Feb 201608626.472.06$177
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201503443.552.43$83
Sep 20150042.992.76$0
Aug 201503,69140.162.87$10,602
Jul 201503,29348.152.95$9,698
Jun 201502,15356.152.88$6,207
May 201503,46855.212.96$10,250
Apr 20150049.822.71$0
Mar 20150142.892.93$3
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140154.693.59$4
Nov 2014054870.464.25$2,330
Oct 201405,35978.303.90$20,905
Sep 201405,38786.164.05$21,793
Aug 201404,41689.394.04$17,819
Jul 201404,35596.564.18$18,202
Jun 201404,87198.164.74$23,073
May 201405,26594.734.73$24,885
Apr 201405,49795.944.81$26,436
Mar 201404,91795.895.06$24,864
Feb 201404,75197.406.19$29,418
Jan 201404,94990.404.86$24,056
Dec 201304,72191.824.35$20,558
Nov 201304,75388.853.74$17,768
Oct 201305,08797.423.78$19,226
Sep 201305,274104.113.72$19,607
Aug 201305,383104.253.52$18,962
Jul 201306,027102.523.72$22,407
Jun 201305,77494.403.93$22,712
May 201306,90094.834.15$28,629
Apr 201307,23693.964.28$30,989
Mar 201303,94193.623.91$15,421
Feb 2013099891.233.42$3,413
Jan 201305,87291.603.42$20,082
Dec 201206,29186.773.42$21,516
Nov 201206,86386.953.62$24,878
Oct 201206,93989.383.40$23,590
Sep 201207,09094.672.92$20,691
Aug 201207,68892.662.91$22,358
Jul 201206,03885.133.02$18,240
Jun 201206,73879.822.52$16,973
May 201207,47391.612.49$18,595
Apr 201207,516101.652.00$15,008
Mar 201207,626105.052.22$16,946
Feb 201206,525101.102.57$16,771
Jan 201207,81198.092.73$21,356
Dec 201108,19796.873.24$26,556
Nov 201108,68995.723.31$28,772
Oct 201107,79584.983.65$28,440
Sep 201108,58583.623.99$34,218
Aug 2011010,21683.404.15$42,389
Jul 2011010,44694.144.52$47,187
Jun 2011011,50192.904.64$53,363
May 2011012,52098.134.40$55,148
Apr 201102,014105.964.33$8,727
Mar 201107,95496.364.06$32,272
Feb 2011012,26685.644.18$51,272
Jan 2011013,70386.504.59$62,880
Dec 2010015,23085.734.35$66,216
Nov 2010015,23180.843.80$57,807
Oct 2010016,78078.103.51$58,879
Sep 2010017,04372.633.98$67,822
Aug 2010018,17473.684.42$80,317
Jul 2010021,27472.554.74$100,764
Jun 2010020,88270.364.91$102,539
May 2010025,91571.124.24$109,756
Apr 2010027,84281.694.12$114,784
Mar 2010022,93478.394.39$100,650
Feb 2010035,98773.585.44$195,854
Jan 2010021,12574.365.96$125,991
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0

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                2,314 Mcf  × $  3.05 =     $7,048

────────────────────────────────────────────────────
Month total                                   $7,048

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/250978 is the state's own key, not one this site invented.