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 251148District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$299 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
CondensateDisposition26 bbl$1,877
GasProduction3,616,318 Mcf$13,129,173
Total$13,131,050

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 202606,725106.413.05$20,483
Apr 202606,61898.932.87$18,992
Mar 202606,71389.753.15$21,142
Feb 202606,16663.503.75$23,124
Jan 202606,78659.138.00$54,274
Dec 202526,65556.664.41$29,484
Nov 202506,43858.593.93$25,278
Oct 202506,44959.383.30$21,313
Sep 202506,53462.743.08$20,105
Aug 202506,85363.933.01$20,660
Jul 202506,93166.743.32$22,978
Jun 202536,83666.483.13$21,587
May 202516,93260.553.23$22,467
Apr 202526,86462.363.54$24,445
Mar 202507,22567.704.27$30,839
Feb 202506,45470.884.34$28,016
Jan 202506,96374.324.28$29,792
Dec 202417,15368.993.12$22,396
Nov 202416,81469.052.20$15,049
Oct 202457,33971.372.28$17,100
Sep 202407,31869.612.36$17,302
Aug 202427,33675.632.06$15,290
Jul 202407,38279.932.15$15,846
Jun 202407,06878.082.63$18,617
May 202407,23378.812.20$15,901
Apr 202407,10284.451.66$11,784
Mar 202418,20480.301.55$12,757
Feb 202417,07776.091.78$12,699
Jan 202407,48873.023.30$24,693
Dec 202308,12371.262.61$21,207
Nov 202327,70977.892.81$21,799
Oct 202327,58685.443.09$23,591
Sep 202317,83589.042.74$21,518
Aug 202328,46180.522.67$22,776
Jul 202308,55574.852.64$22,601
Jun 202307,14168.962.26$16,128
May 202307,67170.622.23$17,086
Apr 202307,88478.122.24$17,643
Mar 202308,60072.852.39$20,581
Feb 202308,12575.112.47$20,034
Jan 202309,05976.533.39$30,689
Dec 202209,00076.415.73$51,562
Nov 202208,95385.005.65$50,550
Oct 202209,37887.185.86$54,990
Sep 202209,06084.888.16$73,963
Aug 202207,45194.529.13$68,006
Jul 202206,593101.587.54$49,725
Jun 202207,694115.097.98$61,377
May 202208,583109.378.43$72,381
Apr 202208,689104.226.84$59,412
Mar 202208,934108.885.08$45,353
Feb 202208,26091.054.86$40,134
Jan 202209,06681.844.54$41,139
Dec 202108,68971.323.90$33,879
Nov 202109,62277.435.24$50,389
Oct 2021010,13279.795.71$57,893
Sep 202105,29669.865.35$28,338
Aug 202108,93366.024.22$37,703
Jul 202108,82470.783.98$35,138
Jun 202109,35769.493.38$31,632
May 2021010,02963.483.02$30,264
Apr 202109,73660.362.76$26,856
Mar 2021010,55361.302.72$28,672
Feb 202107,85257.805.55$43,563
Jan 2021013,21650.412.81$37,141
Dec 2020013,63044.642.68$36,467
Nov 2020012,13838.772.71$32,852
Oct 202007,76636.972.48$19,247
Sep 202007,07237.091.99$14,081
Aug 202007,54739.982.39$18,000
Jul 202007,76138.371.83$14,165
Jun 202007,36234.901.69$12,444
May 202007,82916.921.81$14,208
Apr 202007,47214.751.80$13,482
Mar 202009,34830.341.86$17,352
Feb 2020011,79349.881.98$23,358
Jan 2020012,78857.252.09$26,788
Dec 2019013,32459.012.30$30,703
Nov 2019012,62855.302.75$34,736
Oct 2019014,10053.472.42$34,101
Sep 2019011,45155.052.66$30,429
Aug 2019012,45653.112.30$28,703
Jul 2019012,31956.272.46$30,305
Jun 2019012,02652.782.49$29,959
May 2019012,68058.482.74$34,747
Apr 2019012,49362.632.75$34,365
Mar 2019012,63856.803.06$38,699
Feb 2019011,19450.852.79$31,256
Jan 2019012,90946.033.23$41,673
Dec 2018017,78846.594.19$74,451
Nov 2018016,95152.934.24$71,825
Oct 2018014,40161.443.40$48,936
Sep 2018011,53659.543.11$35,854
Aug 2018010,71859.403.07$32,867
Jul 2018012,34365.142.93$36,188
Jun 2018011,43560.183.08$35,185
May 2018013,30165.382.90$38,584
Apr 2018013,38563.842.90$38,827
Mar 2018013,86361.222.79$38,634
Feb 20180061.782.77$0
Jan 2018014,54762.874.01$58,324
Dec 2017013,92657.272.92$40,685
Nov 2017014,01155.423.12$43,691
Oct 2017014,56349.292.98$43,451
Sep 2017014,27647.523.09$44,074
Aug 2017015,39045.373.00$46,238
Jul 2017013,36243.873.09$41,252
Jun 2017013,72842.493.09$42,382
May 2017014,63945.373.26$47,773
Apr 2017016,16447.933.21$51,912
Mar 201707,96946.772.98$23,777
Feb 2017013,86450.452.95$40,935
Jan 2017017,14249.413.42$58,605
Dec 2016016,45848.763.72$61,270
Nov 2016015,30542.492.64$40,472
Oct 2016017,56746.193.09$54,287
Sep 2016015,82841.553.10$49,077
Aug 2016017,91841.442.92$52,398
Jul 2016017,03541.622.92$49,816
Jun 2016017,01245.352.69$45,691
May 2016017,56342.521.99$34,969
Apr 2016016,61436.561.99$33,079
Mar 2016019,17733.011.79$34,404
Feb 2016017,23126.472.06$35,558
Jan 2016015,63127.352.36$36,957
Dec 2015017,76732.362.00$35,559
Nov 2015017,30138.792.17$37,497
Oct 2015018,22843.552.43$44,232
Sep 2015018,51842.992.76$51,080
Aug 2015018,36940.162.87$52,765
Jul 2015017,52248.152.95$51,604
Jun 2015018,16856.152.88$52,376
May 2015019,75155.212.96$58,373
Apr 2015019,92449.822.71$53,926
Mar 2015018,75042.892.93$55,026
Feb 2015015,12144.662.98$45,003
Jan 2015017,74243.433.10$55,011
Dec 2014018,45054.693.59$66,261
Nov 2014017,65770.464.25$75,075
Oct 2014018,00278.303.90$70,225
Sep 2014017,87786.164.05$72,320
Aug 2014018,88189.394.04$76,187
Jul 2014019,29396.564.18$80,637
Jun 2014018,94098.164.74$89,717
May 2014019,77294.734.73$93,454
Apr 2014019,31495.944.81$92,883
Mar 2014020,18595.895.06$102,072
Feb 2014018,21897.406.19$112,806
Jan 2014020,54790.404.86$99,873
Dec 2013021,26691.824.35$92,602
Nov 2013021,87588.853.74$81,775
Oct 2013024,17597.423.78$91,366
Sep 2013021,460104.113.72$79,783
Aug 2013024,135104.253.52$85,018
Jul 2013023,246102.523.72$86,423
Jun 2013022,45194.403.93$88,309
May 2013024,22594.834.15$100,511
Apr 2013024,17593.964.28$103,532
Mar 2013025,91193.623.91$101,386
Feb 2013019,32291.233.42$66,080
Jan 2013025,21391.603.42$86,226
Dec 2012025,80386.773.42$88,250
Nov 2012026,87186.953.62$97,406
Oct 2012027,29689.383.40$92,798
Sep 2012027,06194.672.92$78,975
Aug 2012029,14292.662.91$84,750
Jul 2012027,63985.133.02$83,492
Jun 2012029,33679.822.52$73,899
May 2012030,25091.612.49$75,272
Apr 2012030,295101.652.00$60,493
Mar 2012032,388105.052.22$71,969
Feb 2012029,441101.102.57$75,670
Jan 2012030,87598.092.73$84,415
Dec 2011034,15196.873.24$110,640
Nov 2011033,49595.723.31$110,911
Oct 2011034,52984.983.65$125,980
Sep 2011034,51283.623.99$137,558
Aug 2011037,27583.404.15$154,666
Jul 2011039,75994.144.52$179,601
Jun 2011041,36292.904.64$191,915
May 2011044,92598.134.40$197,887
Apr 2011048,242105.964.33$209,046
Mar 2011054,43496.364.06$220,857
Feb 2011051,25685.644.18$214,249
Jan 2011055,66986.504.59$255,453
Dec 2010060,54385.734.35$263,226
Nov 2010061,48380.843.80$233,348
Oct 2010065,92378.103.51$231,317
Sep 2010064,91972.633.98$258,343
Aug 2010069,90373.684.42$308,927
Jul 2010067,31072.554.74$318,813
Jun 2010051,38470.364.91$252,316
May 2010020,27171.124.24$85,852
Apr 20100106,20481.694.12$437,846
Mar 20100159,43678.394.39$699,712
Feb 2010013,51573.585.44$73,554
Jan 20100074.365.96$0
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
Feb 20090032.814.63$0
Jan 20090035.865.37$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                6,725 Mcf  × $  3.05 =    $20,483

────────────────────────────────────────────────────
Month total                                  $20,483

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/251148 is the state's own key, not one this site invented.