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 251150District 09Field 65280200GasSaveExport
Value, all time
$6.9 M
Mar 2009 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
207
no gaps in the span
Streams
1
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
GasProduction1,850,275 Mcf$6,871,439
Total$6,871,439

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 20263,085106.413.05$9,396
Apr 20263,06398.932.87$8,790
Mar 20263,05389.753.15$9,615
Feb 20262,77463.503.75$10,403
Jan 20263,26259.138.00$26,089
Dec 20253,26456.664.41$14,405
Nov 20252,99658.593.93$11,764
Oct 20252,96559.383.30$9,799
Sep 20252,93662.743.08$9,034
Aug 20253,01863.933.01$9,099
Jul 20253,00766.743.32$9,969
Jun 20253,00766.483.13$9,408
May 20253,11560.553.23$10,069
Apr 20253,09562.363.54$10,966
Mar 20253,21067.704.27$13,701
Feb 20252,56070.884.34$11,113
Jan 20252,42774.324.28$10,384
Dec 20242,64868.993.12$8,265
Nov 20242,41269.052.20$5,303
Oct 20242,27571.372.28$5,190
Sep 20242,10069.612.36$4,965
Aug 20242,16775.632.06$4,472
Jul 20242,20879.932.15$4,740
Jun 20242,32878.082.63$6,132
May 20242,53278.812.20$5,566
Apr 20242,47784.451.66$4,110
Mar 20242,75480.301.55$4,255
Feb 20242,83976.091.78$5,064
Jan 20242,97773.023.30$9,817
Dec 20233,39971.262.61$8,874
Nov 20233,25977.892.81$9,150
Oct 20233,06385.443.09$9,456
Sep 20233,22589.042.74$8,821
Aug 20233,45480.522.67$9,232
Jul 20233,64674.852.64$9,632
Jun 20233,32768.962.26$7,514
May 20233,66470.622.23$8,161
Apr 20233,61378.122.24$8,085
Mar 20233,84672.852.39$9,204
Feb 20233,78875.112.47$9,340
Jan 20234,20176.533.39$14,232
Dec 20224,67476.415.73$26,778
Nov 20224,05785.005.65$22,907
Oct 20224,75887.185.86$27,900
Sep 20223,94784.888.16$32,222
Aug 20223,71294.529.13$33,880
Jul 20223,427101.587.54$25,847
Jun 20223,623115.097.98$28,901
May 20223,847109.378.43$32,442
Apr 20223,920104.226.84$26,803
Mar 20223,942108.885.08$20,011
Feb 20223,53891.054.86$17,191
Jan 20223,82781.844.54$17,366
Dec 20213,59771.323.90$14,025
Nov 20213,98177.435.24$20,848
Oct 20214,19279.795.71$23,953
Sep 20212,16069.865.35$11,558
Aug 20213,68266.024.22$15,540
Jul 20213,62870.783.98$14,447
Jun 20213,85969.493.38$13,046
May 20214,27463.483.02$12,898
Apr 20214,17160.362.76$11,505
Mar 20214,39961.302.72$11,952
Feb 20213,00957.805.55$16,694
Jan 20215,50150.412.81$15,459
Dec 20205,73644.642.68$15,346
Nov 20205,39938.772.71$14,613
Oct 20203,55036.972.48$8,798
Sep 20203,22437.091.99$6,419
Aug 20203,44539.982.39$8,217
Jul 20203,43638.371.83$6,271
Jun 20203,23334.901.69$5,465
May 20203,36316.921.81$6,103
Apr 20203,03614.751.80$5,478
Mar 20203,82530.341.86$7,100
Feb 20204,81249.881.98$9,531
Jan 20205,19857.252.09$10,888
Dec 20195,27459.012.30$12,153
Nov 20195,08355.302.75$13,982
Oct 20195,80853.472.42$14,047
Sep 20194,91055.052.66$13,047
Aug 20195,10253.112.30$11,757
Jul 20195,14356.272.46$12,652
Jun 20194,94452.782.49$12,316
May 20195,13158.482.74$14,061
Apr 20195,13462.632.75$14,122
Mar 20195,23656.803.06$16,033
Feb 20194,65650.852.79$13,001
Jan 20195,66646.033.23$18,291
Dec 20188,58246.594.19$35,919
Nov 20188,22652.934.24$34,856
Oct 20187,05561.443.40$23,973
Sep 20185,60759.543.11$17,427
Aug 20186,40359.403.07$19,635
Jul 20185,34365.142.93$15,665
Jun 20185,06460.183.08$15,582
May 20186,13665.382.90$17,799
Apr 20186,49763.842.90$18,847
Mar 20186,31661.222.79$17,602
Feb 2018061.782.77$0
Jan 20186,89762.874.01$27,652
Dec 20176,67657.272.92$19,504
Nov 20176,62355.423.12$20,653
Oct 20176,81149.292.98$20,322
Sep 20176,66347.523.09$20,571
Aug 20177,39345.373.00$22,212
Jul 20177,13343.873.09$22,022
Jun 20177,21242.493.09$22,265
May 20178,22545.373.26$26,841
Apr 20178,67047.933.21$27,845
Mar 20173,45146.772.98$10,297
Feb 20177,19050.452.95$21,229
Jan 20178,70649.413.42$29,764
Dec 20168,50048.763.72$31,644
Nov 20168,23042.492.64$21,763
Oct 20168,88446.193.09$27,454
Sep 20168,65441.553.10$26,833
Aug 20169,59341.442.92$28,053
Jul 20168,99941.622.92$26,316
Jun 20168,74445.352.69$23,485
May 20169,57942.521.99$19,072
Apr 20169,16636.561.99$18,250
Mar 20169,76933.011.79$17,526
Feb 20168,88226.472.06$18,329
Jan 20169,98127.352.36$23,599
Dec 201510,53832.362.00$21,091
Nov 201510,44738.792.17$22,642
Oct 201510,96343.552.43$26,603
Sep 201511,15742.992.76$30,776
Aug 201510,57740.162.87$30,382
Jul 201511,53748.152.95$33,977
Jun 201511,54356.152.88$33,277
May 201511,28755.212.96$33,358
Apr 201511,89249.822.71$32,187
Mar 201511,43242.892.93$33,550
Feb 20159,19844.662.98$27,375
Jan 201510,42743.433.10$32,330
Dec 201410,98254.693.59$39,440
Nov 201410,38670.464.25$44,160
Oct 201411,05078.303.90$43,106
Sep 201410,74586.164.05$43,468
Aug 201411,61689.394.04$46,872
Jul 201411,77996.564.18$49,232
Jun 201411,33398.164.74$53,683
May 201411,78894.734.73$55,717
Apr 201411,62995.944.81$55,925
Mar 201412,46795.895.06$63,043
Feb 201411,39197.406.19$70,533
Jan 20147,79290.404.86$37,875
Dec 20134,77891.824.35$20,806
Nov 20134,91788.853.74$18,381
Oct 20135,19097.423.78$19,615
Sep 20135,220104.113.72$19,407
Aug 20136,195104.253.52$21,823
Jul 20138,137102.523.72$30,251
Jun 201311,44394.403.93$45,010
May 201314,22694.834.15$59,025
Apr 201314,20493.964.28$60,830
Mar 201314,84993.623.91$58,102
Feb 201311,94491.233.42$40,847
Jan 201315,18791.603.42$51,938
Dec 201215,76386.773.42$53,912
Nov 201215,81386.953.62$57,321
Oct 201216,36789.383.40$55,643
Sep 201215,98594.672.92$46,651
Aug 201216,64192.662.91$48,395
Jul 201214,98785.133.02$45,273
Jun 201215,99079.822.52$40,279
May 201217,21291.612.49$42,829
Apr 201217,017101.652.00$33,980
Mar 201218,287105.052.22$40,635
Feb 201216,437101.102.57$42,247
Jan 201217,16898.092.73$46,939
Dec 201119,18196.873.24$62,141
Nov 201118,76795.723.31$62,143
Oct 201118,82784.983.65$68,691
Sep 201118,80083.623.99$74,933
Aug 201120,62983.404.15$85,596
Jul 201121,64494.144.52$97,771
Jun 201122,66692.904.64$105,168
May 201123,60698.134.40$103,980
Apr 201123,027105.964.33$99,782
Mar 201124,94796.364.06$101,218
Feb 201119,81685.644.18$82,830
Jan 201124,18486.504.59$110,975
Dec 201024,93485.734.35$108,407
Nov 201027,05780.843.80$102,690
Oct 201028,16978.103.51$98,842
Sep 201029,17572.633.98$116,101
Aug 201032,38673.684.42$143,125
Jul 201033,17572.554.74$157,133
Jun 201036,07170.364.91$177,123
May 201041,15571.124.24$174,300
Apr 201045,44281.694.12$187,343
Mar 201040,27578.394.39$176,754
Feb 201046,56873.585.44$253,440
Jan 201038,89374.365.96$231,961
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$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
Gas                3,085 Mcf  × $  3.05 =     $9,396

────────────────────────────────────────────────────
Month total                                   $9,396

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/251150 is the state's own key, not one this site invented.