BOYD, BILLY

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 255598District 09Field 65280200GasSaveExport
Value, all time
$6.4 M
Feb 2010 – May 2026
Value, last 12 filed months
$156 k
at the published price for each month
Months reported
196
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
GasProduction1,705,286 Mcf$6,350,008
Total$6,350,008

Every month this lease reported (196)

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

196 months

May 20262,982106.413.05$9,083
Apr 20263,50298.932.87$10,050
Mar 20263,58589.753.15$11,291
Feb 20263,16263.503.75$11,859
Jan 20263,20059.138.00$25,593
Dec 20253,73156.664.41$16,466
Nov 20253,87958.593.93$15,231
Oct 20254,01459.383.30$13,266
Sep 20253,63762.743.08$11,191
Aug 20253,41963.933.01$10,307
Jul 20253,44066.743.32$11,404
Jun 20253,26066.483.13$10,200
May 20253,55260.553.23$11,481
Apr 20253,46462.363.54$12,273
Mar 20253,66967.704.27$15,660
Feb 20253,34070.884.34$14,498
Jan 20253,98074.324.28$17,029
Dec 20244,17868.993.12$13,041
Nov 20244,06269.052.20$8,930
Oct 20244,11371.372.28$9,383
Sep 20243,54069.612.36$8,370
Aug 20243,00475.632.06$6,199
Jul 20243,59079.932.15$7,706
Jun 20243,56778.082.63$9,395
May 20243,72678.812.20$8,191
Apr 20243,86484.451.66$6,411
Mar 20243,91380.301.55$6,046
Feb 20243,86976.091.78$6,901
Jan 20243,92673.023.30$12,947
Dec 20234,24971.262.61$11,093
Nov 20234,14977.892.81$11,649
Oct 20234,04885.443.09$12,497
Sep 20233,78089.042.74$10,338
Aug 20233,93580.522.67$10,518
Jul 20233,81274.852.64$10,071
Jun 20233,92768.962.26$8,869
May 20234,49270.622.23$10,005
Apr 20234,29678.122.24$9,613
Mar 20234,60072.852.39$11,009
Feb 20233,66775.112.47$9,042
Jan 20237,87376.533.39$26,672
Dec 20227,59276.415.73$43,495
Nov 20228,17185.005.65$46,135
Oct 20227,96787.185.86$46,717
Sep 20227,70884.888.16$62,926
Aug 20224,58094.529.13$41,802
Jul 20224,686101.587.54$35,342
Jun 20224,190115.097.98$33,424
May 20224,849109.378.43$40,892
Apr 20224,513104.226.84$30,858
Mar 20225,157108.885.08$26,179
Feb 20224,48191.054.86$21,772
Jan 20224,07381.844.54$18,482
Dec 20217,30771.323.90$28,491
Nov 20216,70377.435.24$35,103
Oct 20216,82979.795.71$39,020
Sep 20214,96069.865.35$26,541
Aug 20214,41966.024.22$18,651
Jul 20215,09170.783.98$20,273
Jun 20214,99769.493.38$16,893
May 20215,29963.483.02$15,991
Apr 20215,18960.362.76$14,313
Mar 20215,62261.302.72$15,275
Feb 20215,33657.805.55$29,604
Jan 20215,96350.412.81$16,758
Dec 20205,61544.642.68$15,023
Nov 20205,58038.772.71$15,103
Oct 20205,75436.972.48$14,261
Sep 20205,27837.091.99$10,509
Aug 20205,36439.982.39$12,794
Jul 20205,35938.371.83$9,781
Jun 20205,45334.901.69$9,217
May 20205,74616.921.81$10,428
Apr 20206,24514.751.80$11,268
Mar 20203,93630.341.86$7,306
Feb 20203,70949.881.98$7,346
Jan 20204,56757.252.09$9,567
Dec 20194,13559.012.30$9,529
Nov 20193,33455.302.75$9,171
Oct 20194,31653.472.42$10,438
Sep 20193,54655.052.66$9,423
Aug 20193,71253.112.30$8,554
Jul 20193,61456.272.46$8,891
Jun 20193,55752.782.49$8,861
May 20193,85058.482.74$10,550
Apr 20193,81762.632.75$10,499
Mar 20193,94156.803.06$12,068
Feb 20193,90150.852.79$10,892
Jan 20194,82246.033.23$15,566
Dec 20184,68746.594.19$19,617
Nov 20184,39452.934.24$18,618
Oct 20184,08461.443.40$13,878
Sep 20184,31059.543.11$13,395
Aug 20184,12159.403.07$12,637
Jul 20184,61765.142.93$13,536
Jun 20185,05060.183.08$15,538
May 20185,37765.382.90$15,598
Apr 20185,20463.842.90$15,096
Mar 20185,60361.222.79$15,615
Feb 20183,77261.782.77$10,434
Jan 20183,39362.874.01$13,604
Dec 20174,15757.272.92$12,145
Nov 20174,00855.423.12$12,498
Oct 20175,06849.292.98$15,121
Sep 20175,69947.523.09$17,594
Aug 20176,14045.373.00$18,447
Jul 20176,35243.873.09$19,610
Jun 20176,55142.493.09$20,225
May 20176,09245.373.26$19,881
Apr 20175,02347.933.21$16,132
Mar 20176,13146.772.98$18,293
Feb 20175,86250.452.95$17,308
Jan 20176,85649.413.42$23,439
Dec 20168,30448.763.72$30,914
Nov 20168,17642.492.64$21,620
Oct 20167,90546.193.09$24,429
Sep 20167,51641.553.10$23,304
Aug 20168,34341.442.92$24,398
Jul 20168,08641.622.92$23,646
Jun 20167,50545.352.69$20,157
May 20167,32642.521.99$14,586
Apr 20167,40636.561.99$14,746
Mar 20168,12433.011.79$14,575
Feb 20166,63926.472.06$13,700
Jan 20167,27827.352.36$17,208
Dec 20157,47032.362.00$14,951
Nov 20157,31538.792.17$15,854
Oct 20158,00943.552.43$19,434
Sep 20157,55042.992.76$20,826
Aug 20157,95640.162.87$22,854
Jul 20158,49148.152.95$25,007
Jun 20158,48656.152.88$24,464
May 20158,89255.212.96$26,280
Apr 20158,61949.822.71$23,328
Mar 20159,04142.892.93$26,533
Feb 20157,68944.662.98$22,884
Jan 20159,36243.433.10$29,028
Dec 20149,35854.693.59$33,608
Nov 20149,46570.464.25$40,244
Oct 201410,07978.303.90$39,318
Sep 20149,87586.164.05$39,949
Aug 201410,13789.394.04$40,904
Jul 201410,10396.564.18$42,227
Jun 20149,85198.164.74$46,663
May 201410,54394.734.73$49,832
Apr 201410,58895.944.81$50,919
Mar 201411,17395.895.06$56,500
Feb 201410,48197.406.19$64,898
Jan 201411,80290.404.86$57,366
Dec 201312,37891.824.35$53,900
Nov 201312,23288.853.74$45,727
Oct 201312,66597.423.78$47,866
Sep 201313,126104.113.72$48,799
Aug 201313,872104.253.52$48,866
Jul 201310,106102.523.72$37,571
Jun 20133,05894.403.93$12,028
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 20127,56686.773.42$25,877
Nov 201212,57786.953.62$45,591
Oct 201212,57189.383.40$42,737
Sep 201212,48694.672.92$36,439
Aug 201213,59792.662.91$39,542
Jul 201214,52685.133.02$43,880
Jun 201214,50279.822.52$36,531
May 201215,49391.612.49$38,552
Apr 201215,630101.652.00$31,210
Mar 201214,504105.052.22$32,229
Feb 20128,642101.102.57$22,212
Jan 201211,15298.092.73$30,490
Dec 201111,86996.873.24$38,452
Nov 201111,61595.723.31$38,461
Oct 20118,52884.983.65$31,115
Sep 201175083.623.99$2,989
Aug 201112,64683.404.15$52,472
Jul 201121,66994.144.52$97,884
Jun 201113,26892.904.64$61,562
May 201115,19998.134.40$66,949
Apr 201116,460105.964.33$71,326
Mar 201121,17196.364.06$85,898
Feb 201123,81385.644.18$99,538
Jan 201124,70986.504.59$113,384
Dec 201026,76085.734.35$116,346
Nov 201028,58780.843.80$108,497
Oct 201031,82278.103.51$111,660
Sep 201034,45772.633.98$137,121
Aug 201038,43573.684.42$169,858
Jul 201042,72972.554.74$202,385
Jun 201046,53370.364.91$228,496
May 201055,59071.124.24$235,436
Apr 201064,87781.694.12$267,468
Mar 201073,16878.394.39$321,110
Feb 20109,62573.585.44$52,383

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                2,982 Mcf  × $  3.05 =     $9,083

────────────────────────────────────────────────────
Month total                                   $9,083

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/255598 is the state's own key, not one this site invented.