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 251156District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.2 M
Sep 2007 – May 2026
Value, last 12 filed months
$274 k
at the published price for each month
Months reported
225
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
CondensateDisposition5 bbl$373
GasProduction3,058,827 Mcf$11,233,158
Total$11,233,530

Every month this lease reported (225)

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

225 months

May 202605,940106.413.05$18,092
Apr 202605,86798.932.87$16,837
Mar 202606,09089.753.15$19,180
Feb 202605,23463.503.75$19,629
Jan 202606,36859.138.00$50,931
Dec 202506,41756.664.41$28,321
Nov 202505,82058.593.93$22,852
Oct 202506,01859.383.30$19,889
Sep 202506,04162.743.08$18,588
Aug 202506,29663.933.01$18,981
Jul 202506,35566.743.32$21,068
Jun 202506,26366.483.13$19,595
May 202506,34560.553.23$20,509
Apr 202506,28862.363.54$22,279
Mar 202506,61467.704.27$28,231
Feb 202505,97270.884.34$25,924
Jan 202516,63774.324.28$28,472
Dec 202406,79168.993.12$21,197
Nov 202406,50069.052.20$14,290
Oct 202427,00871.372.28$16,131
Sep 202406,92569.612.36$16,373
Aug 202406,18275.632.06$12,757
Jul 202407,47979.932.15$16,054
Jun 202407,02178.082.63$18,493
May 202406,15078.812.20$13,520
Apr 202405,43684.451.66$9,019
Mar 202407,07180.301.55$10,926
Feb 202406,19576.091.78$11,050
Jan 202405,52373.023.30$18,213
Dec 202304,71471.262.61$12,307
Nov 202324,51077.892.81$12,818
Oct 202304,30385.443.09$13,285
Sep 202305,04789.042.74$13,804
Aug 202305,44980.522.67$14,565
Jul 202305,53974.852.64$14,633
Jun 202305,34668.962.26$12,074
May 202305,57070.622.23$12,407
Apr 202305,23678.122.24$11,717
Mar 202305,41972.852.39$12,969
Feb 202304,84575.112.47$11,946
Jan 202305,29676.533.39$17,941
Dec 202204,71076.415.73$26,984
Nov 202205,31285.005.65$29,993
Oct 202205,47387.185.86$32,092
Sep 202205,33984.888.16$43,586
Aug 202205,59094.529.13$51,021
Jul 202205,961101.587.54$44,958
Jun 202205,979115.097.98$47,696
May 202206,321109.378.43$53,305
Apr 202206,309104.226.84$43,138
Mar 202206,383108.885.08$32,403
Feb 202205,76991.054.86$28,031
Jan 202206,49881.844.54$29,486
Dec 202106,18771.323.90$24,124
Nov 202107,07677.435.24$37,056
Oct 202107,45179.795.71$42,574
Sep 202103,91469.865.35$20,944
Aug 202106,50466.024.22$27,451
Jul 202105,78170.783.98$23,020
Jun 202106,00669.493.38$20,304
May 202106,51863.483.02$19,669
Apr 202106,13660.362.76$16,926
Mar 202106,39461.302.72$17,372
Feb 202104,51857.805.55$25,066
Jan 202108,44850.412.81$23,741
Dec 202008,19344.642.68$21,920
Nov 202007,70238.772.71$20,846
Oct 202005,14836.972.48$12,759
Sep 202004,67737.091.99$9,312
Aug 202005,07639.982.39$12,107
Jul 202005,09738.371.83$9,303
Jun 202004,80734.901.69$8,125
May 202004,95216.921.81$8,987
Apr 202004,57514.751.80$8,255
Mar 202005,57830.341.86$10,354
Feb 202007,22349.881.98$14,306
Jan 202008,03157.252.09$16,823
Dec 201908,94159.012.30$20,603
Nov 201908,80455.302.75$24,217
Oct 201909,66853.472.42$23,382
Sep 201908,23855.052.66$21,891
Aug 201907,94953.112.30$18,317
Jul 201908,08756.272.46$19,895
Jun 201907,93552.782.49$19,768
May 201907,71758.482.74$21,147
Apr 201907,59062.632.75$20,878
Mar 201907,89956.803.06$24,188
Feb 201906,97950.852.79$19,487
Jan 201908,00246.033.23$25,832
Dec 2018011,02846.594.19$46,157
Nov 2018010,53352.934.24$44,631
Oct 201809,04661.443.40$30,739
Sep 201806,99059.543.11$21,725
Aug 201808,11159.403.07$24,873
Jul 201807,77265.142.93$22,787
Jun 201807,20160.183.08$22,157
May 201808,22965.382.90$23,871
Apr 201808,33263.842.90$24,169
Mar 201808,28261.222.79$23,081
Feb 20180061.782.77$0
Jan 201808,02562.874.01$32,175
Dec 201708,58257.272.92$25,072
Nov 201708,64155.423.12$26,946
Oct 201709,07549.292.98$27,077
Sep 201708,82647.523.09$27,248
Aug 201709,01745.373.00$27,091
Jul 201708,37043.873.09$25,841
Jun 201708,08442.493.09$24,958
May 201708,94845.373.26$29,201
Apr 2017010,24547.933.21$32,903
Mar 201704,24846.772.98$12,675
Feb 201708,95650.452.95$26,443
Jan 2017010,83349.413.42$37,036
Dec 2016011,10848.763.72$41,353
Nov 2016010,39942.492.64$27,499
Oct 2016011,72946.193.09$36,246
Sep 2016011,38941.553.10$35,313
Aug 2016012,75441.442.92$37,297
Jul 2016012,18741.622.92$35,639
Jun 2016011,73445.352.69$31,516
May 2016012,94642.521.99$25,776
Apr 2016012,15336.561.99$24,197
Mar 2016012,78433.011.79$22,935
Feb 2016012,66026.472.06$26,126
Jan 2016013,88527.352.36$32,829
Dec 2015014,16632.362.00$28,352
Nov 2015013,63438.792.17$29,549
Oct 2015014,42043.552.43$34,991
Sep 2015014,10742.992.76$38,913
Aug 2015014,60940.162.87$41,964
Jul 2015015,07348.152.95$44,391
Jun 2015014,77956.152.88$42,606
May 2015015,00855.212.96$44,355
Apr 2015014,99749.822.71$40,590
Mar 2015015,70142.892.93$46,078
Feb 2015014,52544.662.98$43,229
Jan 2015016,25043.433.10$50,385
Dec 2014017,22754.693.59$61,868
Nov 2014017,50470.464.25$74,424
Oct 2014017,88078.303.90$69,749
Sep 2014017,46186.164.05$70,637
Aug 2014018,32289.394.04$73,931
Jul 2014018,63196.564.18$77,870
Jun 2014018,09298.164.74$85,700
May 2014018,96394.734.73$89,630
Apr 2014018,50395.944.81$88,983
Mar 2014019,17895.895.06$96,979
Feb 2014017,86097.406.19$110,589
Jan 2014019,31090.404.86$93,861
Dec 2013019,77091.824.35$86,088
Nov 2013019,92988.853.74$74,500
Oct 2013020,30597.423.78$76,740
Sep 2013020,544104.113.72$76,377
Aug 2013024,553104.253.52$86,491
Jul 2013029,479102.523.72$109,595
Jun 2013029,41694.403.93$115,705
May 2013029,30194.834.15$121,572
Apr 2013022,59293.964.28$96,752
Mar 2013025,16593.623.91$98,467
Feb 2013018,20191.233.42$62,246
Jan 2013025,55591.603.42$87,396
Dec 2012025,08286.773.42$85,784
Nov 2012024,78986.953.62$89,859
Oct 2012026,39089.383.40$89,718
Sep 2012025,83294.672.92$75,388
Aug 2012028,30692.662.91$82,318
Jul 2012026,15585.133.02$79,009
Jun 2012027,26479.822.52$68,679
May 2012030,10391.612.49$74,906
Apr 2012029,844101.652.00$59,593
Mar 2012030,553105.052.22$67,891
Feb 2012027,525101.102.57$70,746
Jan 2012030,90298.092.73$84,489
Dec 2011033,19696.873.24$107,546
Nov 2011031,97495.723.31$105,875
Oct 2011032,04584.983.65$116,917
Sep 2011033,36183.623.99$132,970
Aug 2011035,86083.404.15$148,795
Jul 2011035,89394.144.52$162,137
Jun 2011042,05992.904.64$195,149
May 2011044,41598.134.40$195,640
Apr 2011050,319105.964.33$218,046
Mar 2011055,65296.364.06$225,799
Feb 2011050,10185.644.18$209,421
Jan 2011057,53286.504.59$264,002
Dec 2010061,55885.734.35$267,639
Nov 2010060,86880.843.80$231,014
Oct 2010068,26378.103.51$239,527
Sep 2010068,72672.633.98$273,493
Aug 2010074,22973.684.42$328,045
Jul 2010078,57872.554.74$372,184
Jun 2010074,79670.364.91$367,278
May 2010054,19771.124.24$229,536
Apr 20100100,78381.694.12$415,497
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$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                5,940 Mcf  × $  3.05 =    $18,092

────────────────────────────────────────────────────
Month total                                  $18,092

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/251156 is the state's own key, not one this site invented.