TALL TIMBERS

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 253954District 09Field 65280200GasSaveExport
Value, all time
$4.6 M
Aug 2009 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
202
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
GasProduction1,252,948 Mcf$4,557,978
Total$4,557,978

Every month this lease reported (202)

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

202 months

May 20262,690106.413.05$8,193
Apr 20262,53098.932.87$7,260
Mar 20262,55189.753.15$8,034
Feb 20262,44963.503.75$9,185
Jan 20262,56959.138.00$20,547
Dec 20252,27656.664.41$10,045
Nov 20252,30358.593.93$9,043
Oct 20251,77259.383.30$5,856
Sep 20252,97762.743.08$9,160
Aug 20252,93863.933.01$8,857
Jul 20253,41466.743.32$11,318
Jun 20253,00666.483.13$9,405
May 20253,15660.553.23$10,201
Apr 20252,45362.363.54$8,691
Mar 20252,86067.704.27$12,207
Feb 20252,82070.884.34$12,241
Jan 20252,86574.324.28$12,258
Dec 20243,42068.993.12$10,675
Nov 20242,53269.052.20$5,566
Oct 20242,95371.372.28$6,737
Sep 20242,87069.612.36$6,786
Aug 20242,79475.632.06$5,766
Jul 20242,69979.932.15$5,794
Jun 20242,53878.082.63$6,685
May 20242,77978.812.20$6,109
Apr 20243,07984.451.66$5,109
Mar 20243,23180.301.55$4,992
Feb 20243,24476.091.78$5,786
Jan 20242,94973.023.30$9,725
Dec 20233,70271.262.61$9,665
Nov 20233,56577.892.81$10,009
Oct 20234,04585.443.09$12,488
Sep 20233,90489.042.74$10,678
Aug 20234,04080.522.67$10,798
Jul 20233,96074.852.64$10,462
Jun 20233,75468.962.26$8,478
May 20233,88670.622.23$8,656
Apr 20233,78578.122.24$8,470
Mar 20233,90172.852.39$9,336
Feb 20233,54575.112.47$8,741
Jan 20233,84076.533.39$13,009
Dec 20223,89276.415.73$22,298
Nov 20223,76885.005.65$21,275
Oct 20223,91587.185.86$22,957
Sep 20223,75984.888.16$30,687
Aug 20224,09994.529.13$37,412
Jul 20224,125101.587.54$31,111
Jun 20224,293115.097.98$34,246
May 20224,563109.378.43$38,480
Apr 20223,965104.226.84$27,111
Mar 20221,907108.885.08$9,681
Feb 20223,17091.054.86$15,403
Jan 20223,77581.844.54$17,130
Dec 20213,94471.323.90$15,378
Nov 20213,76077.435.24$19,691
Oct 20214,00479.795.71$22,878
Sep 20213,88769.865.35$20,799
Aug 20213,59966.024.22$15,190
Jul 20211,97170.783.98$7,849
Jun 20213,71369.493.38$12,552
May 20213,97463.483.02$11,992
Apr 20214,02860.362.76$11,111
Mar 20214,03761.302.72$10,968
Feb 20213,48457.805.55$19,329
Jan 20214,31650.412.81$12,129
Dec 20204,38644.642.68$11,735
Nov 20204,22438.772.71$11,433
Oct 20204,38636.972.48$10,870
Sep 20204,32537.091.99$8,611
Aug 20204,41839.982.39$10,537
Jul 20204,51338.371.83$8,237
Jun 20204,12934.901.69$6,979
May 20204,31216.921.81$7,825
Apr 20204,49914.751.80$8,118
Mar 20204,58130.341.86$8,503
Feb 20204,34249.881.98$8,600
Jan 20204,77857.252.09$10,009
Dec 20194,91259.012.30$11,319
Nov 20194,60455.302.75$12,664
Oct 20194,41553.472.42$10,678
Sep 20194,13255.052.66$10,980
Aug 20195,06753.112.30$11,676
Jul 20195,24256.272.46$12,896
Jun 20195,22152.782.49$13,007
May 20195,65958.482.74$15,507
Apr 20195,02862.632.75$13,831
Mar 20196,00256.803.06$18,379
Feb 20195,50850.852.79$15,380
Jan 20196,28346.033.23$20,283
Dec 20186,42046.594.19$26,871
Nov 20181,75952.934.24$7,453
Oct 20185,07861.443.40$17,255
Sep 20182,61059.543.11$8,112
Aug 20184,59859.403.07$14,100
Jul 20183,66565.142.93$10,745
Jun 20184,44560.183.08$13,677
May 20184,60865.382.90$13,367
Apr 20184,55863.842.90$13,222
Mar 20184,77461.222.79$13,304
Feb 20184,38561.782.77$12,129
Jan 20184,81162.874.01$19,289
Dec 20174,85357.272.92$14,178
Nov 20175,29755.423.12$16,518
Oct 20173,72049.292.98$11,099
Sep 20174,66647.523.09$14,405
Aug 20174,92045.373.00$14,782
Jul 20175,01143.873.09$15,470
Jun 20174,90842.493.09$15,152
May 20175,23645.373.26$17,087
Apr 20175,17347.933.21$16,614
Mar 20175,28246.772.98$15,760
Feb 20174,85150.452.95$14,323
Jan 20175,42049.413.42$18,530
Dec 20165,50548.763.72$20,494
Nov 20165,36942.492.64$14,198
Oct 20165,60346.193.09$17,315
Sep 20165,74541.553.10$17,813
Aug 20165,85541.442.92$17,122
Jul 20165,77341.622.92$16,882
Jun 20165,58545.352.69$15,000
May 20165,96142.521.99$11,869
Apr 20165,87436.561.99$11,695
Mar 20166,38833.011.79$11,460
Feb 20166,39326.472.06$13,193
Jan 20166,33727.352.36$14,983
Dec 20156,68032.362.00$13,369
Nov 20156,17238.792.17$13,377
Oct 20156,64243.552.43$16,117
Sep 20156,21042.992.76$17,130
Aug 20156,31140.162.87$18,128
Jul 20156,42748.152.95$18,928
Jun 20156,39056.152.88$18,421
May 20156,59555.212.96$19,491
Apr 20156,37549.822.71$17,254
Mar 20156,83842.892.93$20,068
Feb 20156,45644.662.98$19,214
Jan 20157,08443.433.10$21,965
Dec 20144,33654.693.59$15,572
Nov 20147,62770.464.25$32,429
Oct 20148,35578.303.90$32,593
Sep 20141,03186.164.05$4,171
Aug 20148,13489.394.04$32,822
Jul 20148,24896.564.18$34,473
Jun 20147,74298.164.74$36,673
May 20148,21394.734.73$38,819
Apr 20147,89595.944.81$37,968
Mar 20148,26595.895.06$41,794
Feb 20147,94397.406.19$49,183
Jan 20149,08090.404.86$44,135
Dec 20139,34991.824.35$40,710
Nov 20139,54388.853.74$35,674
Oct 201310,39297.423.78$39,275
Sep 201310,628104.113.72$39,512
Aug 201311,755104.253.52$41,408
Jul 2013390102.523.72$1,450
Jun 20132,78394.403.93$10,947
May 20138,57894.834.15$35,591
Apr 20138,62393.964.28$36,929
Mar 20139,18593.623.91$35,940
Feb 20138,60091.233.42$29,411
Jan 20139,65391.603.42$33,012
Dec 20129,93086.773.42$33,962
Nov 20129,02186.953.62$32,701
Oct 20127,71389.383.40$26,222
Sep 20127,84694.672.92$22,898
Aug 20128,30092.662.91$24,138
Jul 20128,55385.133.02$25,837
Jun 20128,54379.822.52$21,520
May 20129,03791.612.49$22,487
Apr 20129,076101.652.00$18,123
Mar 20129,663105.052.22$21,472
Feb 20129,725101.102.57$24,996
Jan 20129,90098.092.73$27,067
Dec 20119,88496.873.24$32,022
Nov 201110,47795.723.31$34,692
Oct 201111,09384.983.65$40,473
Sep 201111,22883.623.99$44,753
Aug 201111,79083.404.15$48,920
Jul 201111,88194.144.52$53,669
Jun 201112,18292.904.64$56,523
May 201112,37398.134.40$54,501
Apr 201111,491105.964.33$49,794
Mar 201112,17696.364.06$49,402
Feb 201110,41285.644.18$43,522
Jan 201114,99086.504.59$68,786
Dec 201015,43985.734.35$67,125
Nov 201014,27780.843.80$54,186
Oct 201012,03378.103.51$42,222
Sep 201017,45572.633.98$69,462
Aug 201020,10473.684.42$88,847
Jul 201021,72472.554.74$102,896
Jun 201021,33870.364.91$104,778
May 201024,22071.124.24$102,577
Apr 201025,65981.694.12$105,784
Mar 201029,15878.394.39$127,965
Feb 201026,73573.585.44$145,501
Jan 2010074.365.96$0
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

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                2,690 Mcf  × $  3.05 =     $8,193

────────────────────────────────────────────────────
Month total                                   $8,193

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/253954 is the state's own key, not one this site invented.