JONES, T. L.

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 252530District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Jun 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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
GasProduction995,471 Mcf$4,015,538
Total$4,015,538

Every month this lease reported (204)

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

204 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201645346.193.09$1,400
Sep 20161,22741.553.10$3,804
Aug 20161,18841.442.92$3,474
Jul 20161,21741.622.92$3,559
Jun 20162,55445.352.69$6,860
May 20163,68742.521.99$7,341
Apr 20165,66236.561.99$11,273
Mar 20165,47433.011.79$9,820
Feb 20162,05426.472.06$4,239
Jan 20164,03427.352.36$9,538
Dec 20151,10232.362.00$2,206
Nov 20153,26738.792.17$7,081
Oct 20157,13443.552.43$17,311
Sep 20157,35642.992.76$20,291
Aug 20156,04340.162.87$17,358
Jul 20155,50548.152.95$16,213
Jun 20151,69756.152.88$4,892
May 201515,88655.212.96$46,950
Apr 201510,88549.822.71$29,461
Mar 201513,99742.892.93$41,077
Feb 20156,01544.662.98$17,902
Jan 201512,34743.433.10$38,283
Dec 201418,45354.693.59$66,271
Nov 201415,76370.464.25$67,022
Oct 201411,94078.303.90$46,577
Sep 201413,31886.164.05$53,877
Aug 201416,58889.394.04$66,935
Jul 201411,78096.564.18$49,236
Jun 201416,60898.164.74$78,670
May 201414,98494.734.73$70,823
Apr 201411,25995.944.81$54,146
Mar 201413,50495.895.06$68,287
Feb 201413,62197.406.19$84,341
Jan 201417,62690.404.86$85,675
Dec 201310,92191.824.35$47,555
Nov 201320,66088.853.74$77,233
Oct 201316,82397.423.78$63,580
Sep 201312,689104.113.72$47,174
Aug 201319,213104.253.52$67,680
Jul 201317,128102.523.72$63,677
Jun 201320,90794.403.93$82,236
May 201312,03594.834.15$49,934
Apr 20131,29793.964.28$5,555
Mar 20131,16893.623.91$4,570
Feb 201319891.233.42$677
Jan 201352191.603.42$1,782
Dec 201234886.773.42$1,190
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 201261992.662.91$1,800
Jul 2012085.133.02$0
Jun 20122979.822.52$73
May 20127191.612.49$177
Apr 201235101.652.00$70
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 201154984.983.65$2,003
Sep 20116,15783.623.99$24,541
Aug 2011083.404.15$0
Jul 20118,16594.144.52$36,883
Jun 201116,69392.904.64$77,454
May 201121,16598.134.40$93,228
Apr 201121,488105.964.33$93,114
Mar 201122,87896.364.06$92,824
Feb 201122,12385.644.18$92,474
Jan 201127,56786.504.59$126,499
Dec 201030,82485.734.35$134,015
Nov 201029,78380.843.80$113,036
Oct 201028,68378.103.51$100,645
Sep 20103,61872.633.98$14,398
Aug 2010073.684.42$0
Jul 20103,03872.554.74$14,389
Jun 201014,07170.364.91$69,094
May 201011,91271.124.24$50,450
Apr 201018,47181.694.12$76,150
Mar 201018,43278.394.39$80,892
Feb 201022,06673.585.44$120,091
Jan 201026,09574.365.96$155,633
Dec 200933,02071.445.48$181,073
Nov 200925,50074.593.75$95,663
Oct 20097,11372.544.11$29,236
Sep 200925,74665.543.06$78,905
Aug 200923,89467.423.22$76,903
Jul 200948,99561.133.46$169,743
Jun 200948,53566.163.90$189,044

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.

Oct 2016 — as filed, then multipliedworked
Gas                  453 Mcf  × $  3.09 =     $1,400

────────────────────────────────────────────────────
Month total                                   $1,400

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/252530 is the state's own key, not one this site invented.