NOWLIN, BILLIE MARIE

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 255798District 09Field 65280200GasSaveExport
Value, all time
$5.9 M
Jan 2010 – May 2026
Value, last 12 filed months
$160 k
at the published price for each month
Months reported
197
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
GasProduction1,607,909 Mcf$5,900,493
Total$5,900,493

Every month this lease reported (197)

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

197 months

May 20263,879106.413.05$11,815
Apr 20263,83498.932.87$11,003
Mar 20263,86089.753.15$12,157
Feb 20263,65763.503.75$13,715
Jan 20263,36759.138.00$26,929
Dec 20253,88056.664.41$17,124
Nov 20253,40658.593.93$13,373
Oct 20253,86359.383.30$12,767
Sep 20253,73562.743.08$11,492
Aug 20253,69863.933.01$11,149
Jul 20253,25666.743.32$10,794
Jun 20252,42066.483.13$7,572
May 20252,58160.553.23$8,343
Apr 20252,77662.363.54$9,836
Mar 20253,00167.704.27$12,809
Feb 20251,57170.884.34$6,819
Jan 20253,18574.324.28$13,628
Dec 20243,28368.993.12$10,247
Nov 20243,57269.052.20$7,853
Oct 20243,71971.372.28$8,485
Sep 20243,58169.612.36$8,467
Aug 20243,87275.632.06$7,990
Jul 20243,87379.932.15$8,314
Jun 20243,75178.082.63$9,880
May 20243,78778.812.20$8,325
Apr 20243,44784.451.66$5,719
Mar 20243,75280.301.55$5,797
Feb 20243,47076.091.78$6,189
Jan 20242,97573.023.30$9,811
Dec 20233,63571.262.61$9,490
Nov 20233,74977.892.81$10,526
Oct 20234,27885.443.09$13,207
Sep 20233,97489.042.74$10,869
Aug 20233,04880.522.67$8,147
Jul 20232,57074.852.64$6,789
Jun 20233,24468.962.26$7,327
May 20233,71070.622.23$8,264
Apr 20234,13178.122.24$9,244
Mar 20234,27372.852.39$10,226
Feb 20234,10375.112.47$10,117
Jan 20234,66576.533.39$15,804
Dec 20224,08876.415.73$23,420
Nov 20224,58585.005.65$25,888
Oct 20224,65387.185.86$27,284
Sep 20224,18884.888.16$34,189
Aug 20224,79994.529.13$43,801
Jul 20224,974101.587.54$37,514
Jun 20224,887115.097.98$38,985
May 20225,074109.378.43$42,789
Apr 20224,220104.226.84$28,855
Mar 20224,525108.885.08$22,971
Feb 20224,58591.054.86$22,278
Jan 20224,97681.844.54$22,580
Dec 202132071.323.90$1,248
Nov 20214,95277.435.24$25,933
Oct 20212,31479.795.71$13,222
Sep 20211,01469.865.35$5,426
Aug 20211,87566.024.22$7,914
Jul 202192770.783.98$3,691
Jun 20215,59669.493.38$18,918
May 20215,03363.483.02$15,188
Apr 20212,50060.362.76$6,896
Mar 20212,30361.302.72$6,257
Feb 20213,05757.805.55$16,960
Jan 20215,55750.412.81$15,617
Dec 20205,58244.642.68$14,934
Nov 20205,55638.772.71$15,038
Oct 20205,85236.972.48$14,504
Sep 20205,15437.091.99$10,262
Aug 20203,90639.982.39$9,316
Jul 20203,62338.371.83$6,612
Jun 20205,90234.901.69$9,976
May 20206,47916.921.81$11,758
Apr 20206,10814.751.80$11,021
Mar 20205,02130.341.86$9,320
Feb 20205,68749.881.98$11,264
Jan 20206,06557.252.09$12,705
Dec 20196,09659.012.30$14,047
Nov 20195,61555.302.75$15,445
Oct 20195,72753.472.42$13,851
Sep 20195,80455.052.66$15,423
Aug 20195,57353.112.30$12,842
Jul 20194,94056.272.46$12,153
Jun 20194,96552.782.49$12,369
May 20195,34158.482.74$14,636
Apr 20195,46462.632.75$15,030
Mar 20195,19656.803.06$15,911
Feb 20193,89350.852.79$10,870
Jan 20194,69746.033.23$15,163
Dec 20183,14446.594.19$13,159
Nov 20183,74152.934.24$15,852
Oct 20185,62761.443.40$19,121
Sep 20185,13359.543.11$15,953
Aug 20183,83659.403.07$11,763
Jul 20182,34965.142.93$6,887
Jun 20183,07560.183.08$9,462
May 20183,97465.382.90$11,528
Apr 20184,38463.842.90$12,717
Mar 20184,81461.222.79$13,416
Feb 20183,60661.782.77$9,975
Jan 20184,59962.874.01$18,439
Dec 20172,09257.272.92$6,112
Nov 20176,96055.423.12$21,704
Oct 20174,52549.292.98$13,501
Sep 20175,75447.523.09$17,764
Aug 201757145.373.00$1,716
Jul 20177,25843.873.09$22,407
Jun 20179,42942.493.09$29,110
May 20178,40845.373.26$27,439
Apr 201711,78547.933.21$37,849
Mar 201722,16846.772.98$66,142
Feb 201720,49650.452.95$60,516
Jan 201714,07249.413.42$48,109
Dec 201612,85148.763.72$47,842
Nov 201610,40142.492.64$27,504
Oct 20168,36146.193.09$25,838
Sep 201612,61841.553.10$39,124
Aug 20167,08741.442.92$20,725
Jul 20161,52541.622.92$4,460
Jun 20167,61645.352.69$20,455
May 20168,58142.521.99$17,085
Apr 20167,65336.561.99$15,237
Mar 20168,67833.011.79$15,568
Feb 20168,23826.472.06$17,000
Jan 20168,95427.352.36$21,170
Dec 20158,03932.362.00$16,089
Nov 20156,27338.792.17$13,596
Oct 20155,68243.552.43$13,788
Sep 20155,51342.992.76$15,207
Aug 20155,92540.162.87$17,020
Jul 20156,81048.152.95$20,056
Jun 20157,72356.152.88$22,264
May 20157,84955.212.96$23,197
Apr 20156,81849.822.71$18,453
Mar 20156,70542.892.93$19,677
Feb 20156,67944.662.98$19,878
Jan 20158,53343.433.10$26,458
Dec 20148,05854.693.59$28,939
Nov 20147,53170.464.25$32,021
Oct 20148,03278.303.90$31,333
Sep 20148,10786.164.05$32,796
Aug 20148,48789.394.04$34,246
Jul 20148,89096.564.18$37,157
Jun 20149,61698.164.74$45,550
May 201410,55094.734.73$49,865
Apr 201410,73295.944.81$51,611
Mar 201410,71895.895.06$54,199
Feb 201410,69397.406.19$66,211
Jan 201413,70190.404.86$66,597
Dec 201314,30291.824.35$62,278
Nov 201314,64488.853.74$54,743
Oct 201316,46897.423.78$62,239
Sep 201316,185104.113.72$60,172
Aug 201314,289104.253.52$50,335
Jul 201318,384102.523.72$68,347
Jun 201317,17794.403.93$67,564
May 201317,42794.834.15$72,306
Apr 201312,24093.964.28$52,419
Mar 20132,12193.623.91$8,299
Feb 20136,01591.233.42$20,571
Jan 201317291.603.42$588
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012189.383.40$3
Sep 20121,82294.672.92$5,317
Aug 201215292.662.91$442
Jul 2012385.133.02$9
Jun 20121379.822.52$33
May 20124,00191.612.49$9,956
Apr 201216,487101.652.00$32,921
Mar 201216,839105.052.22$37,418
Feb 201216,645101.102.57$42,782
Jan 201218,64098.092.73$50,963
Dec 201118,50196.873.24$59,938
Nov 201118,03295.723.31$59,709
Oct 201118,96084.983.65$69,176
Sep 20114,48183.623.99$17,860
Aug 20114,18883.404.15$17,377
Jul 20118,12894.144.52$36,716
Jun 201113,83692.904.64$64,197
May 201116,50398.134.40$72,693
Apr 201115,989105.964.33$69,285
Mar 201119,79696.364.06$80,319
Feb 201124,21485.644.18$101,214
Jan 201125,69286.504.59$117,895
Dec 201028,34585.734.35$123,237
Nov 201030,44280.843.80$115,537
Oct 201034,69378.103.51$121,734
Sep 201037,49772.633.98$149,218
Aug 201044,04173.684.42$194,633
Jul 201051,53072.554.74$244,071
Jun 201058,97370.364.91$289,581
May 201081,49171.124.24$345,132
Apr 20102,84481.694.12$11,725
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$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                3,879 Mcf  × $  3.05 =    $11,815

────────────────────────────────────────────────────
Month total                                  $11,815

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/255798 is the state's own key, not one this site invented.