WALLS, WOODY

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 251285District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Apr 2009 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
206
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
CondensateDisposition65 bbl$4,731
GasProduction1,680,507 Mcf$6,048,916
Total$6,053,647

Every month this lease reported (206)

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

206 months

May 202602,718106.413.05$8,279
Apr 202602,55498.932.87$7,329
Mar 202602,58089.753.15$8,126
Feb 202602,45563.503.75$9,207
Jan 202602,50059.138.00$19,995
Dec 202502,39156.664.41$10,552
Nov 202502,77958.593.93$10,912
Oct 202502,76859.383.30$9,148
Sep 202501,87962.743.08$5,782
Aug 202502,01363.933.01$6,069
Jul 202501,96266.743.32$6,504
Jun 202501,82466.483.13$5,707
May 202501,60360.553.23$5,181
Apr 202501,91262.363.54$6,774
Mar 202501,77067.704.27$7,555
Feb 2025679670.884.34$3,881
Jan 2025485174.324.28$3,938
Dec 2024101,26468.993.12$4,635
Nov 202461,72169.052.20$4,198
Oct 202402,09271.372.28$4,773
Sep 202461,49969.612.36$3,962
Aug 202471,44675.632.06$3,513
Jul 202401,56679.932.15$3,362
Jun 202451,67678.082.63$4,805
May 202401,93278.812.20$4,247
Apr 202402,51084.451.66$4,165
Mar 202402,57180.301.55$3,973
Feb 202402,66376.091.78$4,750
Jan 202402,43173.023.30$8,017
Dec 202352,43471.262.61$6,711
Nov 202352,36477.892.81$7,027
Oct 202302,59785.443.09$8,018
Sep 202302,51889.042.74$6,887
Aug 202352,18980.522.67$6,254
Jul 202302,36774.852.64$6,253
Jun 202331,35968.962.26$3,276
May 202332,66970.622.23$6,157
Apr 202303,29478.122.24$7,371
Mar 202303,39872.852.39$8,132
Feb 202302,49275.112.47$6,144
Jan 202303,35576.533.39$11,366
Dec 202203,29476.415.73$18,872
Nov 202203,87785.005.65$21,890
Oct 202204,85987.185.86$28,492
Sep 2022010,35784.888.16$84,551
Aug 202203,91594.529.13$35,733
Jul 202203,952101.587.54$29,806
Jun 202203,123115.097.98$24,913
May 202203,695109.378.43$31,160
Apr 202203,409104.226.84$23,309
Mar 202203,824108.885.08$19,412
Feb 202202,89191.054.86$14,047
Jan 202204,01181.844.54$18,201
Dec 202104,07571.323.90$15,889
Nov 202103,92677.435.24$20,560
Oct 202102,90279.795.71$16,582
Sep 202103,39369.865.35$18,156
Aug 202103,80266.024.22$16,047
Jul 202106,74170.783.98$26,843
Jun 202107,60769.493.38$25,716
May 202103,42563.483.02$10,336
Apr 202104,07560.362.76$11,241
Mar 202105,04161.302.72$13,696
Feb 202105,38557.805.55$29,876
Jan 202105,61550.412.81$15,780
Dec 202005,23444.642.68$14,003
Nov 202005,62038.772.71$15,211
Oct 202004,84136.972.48$11,998
Sep 202004,18837.091.99$8,338
Aug 202004,48139.982.39$10,688
Jul 202005,77438.371.83$10,538
Jun 202004,15234.901.69$7,018
May 202005,50316.921.81$9,987
Apr 202005,60414.751.80$10,112
Mar 202006,08330.341.86$11,291
Feb 202009,81049.881.98$19,430
Jan 2020010,04057.252.09$21,031
Dec 2019011,76559.012.30$27,111
Nov 2019012,89255.302.75$35,462
Oct 2019014,76453.472.42$35,707
Sep 2019014,14855.052.66$37,595
Aug 2019014,63453.112.30$33,722
Jul 2019014,62956.272.46$35,988
Jun 2019016,27852.782.49$40,552
May 2019013,41258.482.74$36,753
Apr 2019013,68662.632.75$37,646
Mar 201902,09156.803.06$6,403
Feb 201902,21550.852.79$6,185
Jan 201901,91246.033.23$6,172
Dec 201806,47546.594.19$27,101
Nov 201806,45352.934.24$27,343
Oct 201807,34961.443.40$24,972
Sep 201806,89059.543.11$21,414
Aug 201805,03159.403.07$15,428
Jul 201801,59665.142.93$4,679
Jun 201802,84260.183.08$8,745
May 201804,05565.382.90$11,763
Apr 201803,85363.842.90$11,177
Mar 201803,61461.222.79$10,072
Feb 201803,32061.782.77$9,184
Jan 201804,03662.874.01$16,182
Dec 201704,16957.272.92$12,180
Nov 201704,12855.423.12$12,873
Oct 201704,33049.292.98$12,919
Sep 201704,21247.523.09$13,004
Aug 201704,35145.373.00$13,072
Jul 201704,41743.873.09$13,637
Jun 201704,27642.493.09$13,201
May 201704,52645.373.26$14,770
Apr 201704,39947.933.21$14,128
Mar 201704,61146.772.98$13,758
Feb 201704,18350.452.95$12,351
Jan 201704,47149.413.42$15,285
Dec 201603,43948.763.72$12,803
Nov 201605,21642.492.64$13,793
Oct 201605,51646.193.09$17,046
Sep 201605,86541.553.10$18,185
Aug 201604,79841.442.92$14,031
Jul 201604,39941.622.92$12,864
Jun 201604,33245.352.69$11,635
May 201604,90342.521.99$9,762
Apr 201604,66536.561.99$9,288
Mar 201605,01833.011.79$9,002
Feb 201605,33726.472.06$11,014
Jan 201605,56127.352.36$13,148
Dec 201505,56232.362.00$11,132
Nov 201505,37938.792.17$11,658
Oct 201505,42243.552.43$13,157
Sep 201504,55742.992.76$12,570
Aug 201505,49140.162.87$15,773
Jul 201505,14748.152.95$15,158
Jun 201506,16656.152.88$17,776
May 201506,45455.212.96$19,074
Apr 201506,67149.822.71$18,056
Mar 201506,98242.892.93$20,490
Feb 201506,53044.662.98$19,435
Jan 201507,41443.433.10$22,988
Dec 201407,52054.693.59$27,007
Nov 201407,02170.464.25$29,852
Oct 201407,31278.303.90$28,524
Sep 201407,15886.164.05$28,957
Aug 201407,40789.394.04$29,888
Jul 201407,65996.564.18$32,012
Jun 201407,52698.164.74$35,650
May 201407,90794.734.73$37,373
Apr 201407,62795.944.81$36,679
Mar 201408,22795.895.06$41,602
Feb 201407,51297.406.19$46,514
Jan 201408,34290.404.86$40,548
Dec 201308,92891.824.35$38,877
Nov 201308,84688.853.74$33,069
Oct 201308,83997.423.78$33,406
Sep 201308,224104.113.72$30,575
Aug 201308,649104.253.52$30,467
Jul 201308,682102.523.72$32,277
Jun 201308,90694.403.93$35,031
May 201309,52194.834.15$39,503
Apr 201309,80293.964.28$41,978
Mar 2013010,29093.623.91$40,263
Feb 201309,39191.233.42$32,116
Jan 2013010,17491.603.42$34,794
Dec 201209,90486.773.42$33,873
Nov 201209,42486.953.62$34,162
Oct 201209,78989.383.40$33,279
Sep 201209,50894.672.92$27,748
Aug 201209,56692.662.91$27,819
Jul 2012010,74685.133.02$32,462
Jun 2012010,88479.822.52$27,417
May 2012011,20391.612.49$27,877
Apr 2012011,585101.652.00$23,133
Mar 2012012,068105.052.22$26,816
Feb 2012010,528101.102.57$27,059
Jan 2012012,84598.092.73$35,119
Dec 2011013,53196.873.24$43,837
Nov 2011013,62495.723.31$45,113
Oct 2011014,38784.983.65$52,492
Sep 2011014,17783.623.99$56,507
Aug 2011014,84283.404.15$61,584
Jul 2011015,10594.144.52$68,233
Jun 2011014,80892.904.64$68,707
May 2011016,39298.134.40$72,204
Apr 2011016,712105.964.33$72,418
Mar 2011018,35296.364.06$74,460
Feb 2011017,52585.644.18$73,254
Jan 2011020,14786.504.59$92,450
Dec 2010015,93685.734.35$69,286
Nov 2010018,73580.843.80$71,106
Oct 2010020,32178.103.51$71,304
Sep 2010021,92372.633.98$87,242
Aug 2010025,62073.684.42$113,224
Jul 2010026,49872.554.74$125,508
Jun 2010026,41470.364.91$129,703
May 2010030,71071.124.24$130,064
Apr 2010028,85981.694.12$118,977
Mar 201001,13878.394.39$4,994
Feb 20100073.585.44$0
Jan 20100674.365.96$36
Dec 20090171.445.48$5
Nov 2009039974.593.75$1,497
Oct 2009030,25972.544.11$124,372
Sep 2009024,59665.543.06$75,381
Aug 2009024,94167.423.22$80,273
Jul 2009042,63161.133.46$147,695
Jun 2009051,89766.163.90$202,139
May 2009066,47054.743.93$260,945
Apr 2009064,90846.773.59$232,857

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                2,718 Mcf  × $  3.05 =     $8,279

────────────────────────────────────────────────────
Month total                                   $8,279

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/251285 is the state's own key, not one this site invented.