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 256067District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.6 M
Nov 2009 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
199
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
CondensateDisposition6 bbl$418
GasProduction1,776,325 Mcf$6,576,088
Total$6,576,506

Every month this lease reported (199)

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

199 months

May 202603,811106.413.05$11,608
Apr 202603,74898.932.87$10,756
Mar 202604,27089.753.15$13,448
Feb 202603,91563.503.75$14,683
Jan 202603,55359.138.00$28,417
Dec 202504,41856.664.41$19,498
Nov 202504,23658.593.93$16,632
Oct 202504,15459.383.30$13,728
Sep 202504,06262.743.08$12,498
Aug 202504,51163.933.01$13,600
Jul 202504,26266.743.32$14,129
Jun 202504,07566.483.13$12,750
May 202504,33560.553.23$14,012
Apr 202503,64262.363.54$12,904
Mar 202503,35667.704.27$14,324
Feb 202502,50070.884.34$10,852
Jan 202504,34074.324.28$18,569
Dec 202404,05268.993.12$12,648
Nov 202403,82169.052.20$8,400
Oct 202403,89071.372.28$8,875
Sep 202463,34169.612.36$8,317
Aug 202402,98175.632.06$6,152
Jul 202402,60079.932.15$5,581
Jun 202402,11378.082.63$5,566
May 202403,50278.812.20$7,699
Apr 202404,16184.451.66$6,904
Mar 202403,44580.301.55$5,323
Feb 202403,50776.091.78$6,255
Jan 202403,46773.023.30$11,433
Dec 202304,57971.262.61$11,954
Nov 202304,59177.892.81$12,890
Oct 202305,06685.443.09$15,640
Sep 202304,96689.042.74$13,582
Aug 202304,71980.522.67$12,613
Jul 202305,13274.852.64$13,558
Jun 202304,90868.962.26$11,085
May 202305,34870.622.23$11,912
Apr 202305,29078.122.24$11,838
Mar 202305,52272.852.39$13,215
Feb 202304,76875.112.47$11,756
Jan 202305,64776.533.39$19,130
Dec 202204,49476.415.73$25,746
Nov 202204,12385.005.65$23,279
Oct 202205,21987.185.86$30,603
Sep 202205,17784.888.16$42,263
Aug 202205,51594.529.13$50,336
Jul 202204,810101.587.54$36,277
Jun 202204,994115.097.98$39,838
May 202206,654109.378.43$56,113
Apr 202206,095104.226.84$41,675
Mar 202205,420108.885.08$27,514
Feb 202205,13991.054.86$24,970
Jan 202205,89481.844.54$26,745
Dec 202103,60571.323.90$14,056
Nov 202106,42977.435.24$33,668
Oct 202105,86279.795.71$33,495
Sep 202105,18869.865.35$27,761
Aug 202106,24566.024.22$26,358
Jul 202105,37870.783.98$21,416
Jun 202104,72969.493.38$15,987
May 202105,74263.483.02$17,327
Apr 202104,89560.362.76$13,502
Mar 202105,14761.302.72$13,984
Feb 202102,81757.805.55$15,629
Jan 202104,84050.412.81$13,602
Dec 202005,44544.642.68$14,568
Nov 202006,74638.772.71$18,259
Oct 202006,79036.972.48$16,829
Sep 202006,32237.091.99$12,587
Aug 202007,14739.982.39$17,046
Jul 202005,57738.371.83$10,179
Jun 202006,76534.901.69$11,435
May 202007,12916.921.81$12,937
Apr 202006,83514.751.80$12,333
Mar 202007,10330.341.86$13,185
Feb 202007,02249.881.98$13,908
Jan 202007,40357.252.09$15,507
Dec 201907,38859.012.30$17,025
Nov 201907,63155.302.75$20,991
Oct 201907,81653.472.42$18,903
Sep 201907,30855.052.66$19,419
Aug 201906,44753.112.30$14,856
Jul 201905,47856.272.46$13,476
Jun 201906,27752.782.49$15,637
May 201905,80658.482.74$15,910
Apr 201906,53662.632.75$17,979
Mar 201906,46856.803.06$19,806
Feb 201906,37350.852.79$17,795
Jan 201905,98246.033.23$19,311
Dec 201806,03446.594.19$25,255
Nov 201807,41752.934.24$31,428
Oct 201804,90261.443.40$16,657
Sep 201805,89559.543.11$18,322
Aug 201809,16259.403.07$28,096
Jul 201809,46565.142.93$27,750
Jun 201807,40260.183.08$22,775
May 201807,53065.382.90$21,843
Apr 201808,95263.842.90$25,968
Mar 2018011,63861.222.79$32,433
Feb 201808,28261.782.77$22,909
Jan 201809,28962.874.01$37,243
Dec 201706,98957.272.92$20,419
Nov 201708,56455.423.12$26,706
Oct 201709,09049.292.98$27,122
Sep 2017011,78447.523.09$36,381
Aug 201708,51745.373.00$25,588
Jul 2017011,85943.873.09$36,612
Jun 2017011,86142.493.09$36,618
May 2017012,89745.373.26$42,088
Apr 201709,64847.933.21$30,986
Mar 201709,77446.772.98$29,162
Feb 201708,63950.452.95$25,508
Jan 201704,80249.413.42$16,417
Dec 201601,38548.763.72$5,156
Nov 201602,54142.492.64$6,719
Oct 201607,79046.193.09$24,073
Sep 201605,63141.553.10$17,460
Aug 201605941.442.92$173
Jul 201603,01741.622.92$8,823
Jun 2016014,89845.352.69$40,014
May 2016010,23542.521.99$20,378
Apr 2016012,22236.561.99$24,334
Mar 201607,51633.011.79$13,484
Feb 2016010,94126.472.06$22,578
Jan 2016012,27727.352.36$29,027
Dec 201504,66632.362.00$9,339
Nov 20150238.792.17$4
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201506,82755.212.96$20,177
Apr 201504,23749.822.71$11,468
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014012,42754.693.59$44,630
Nov 2014012,57370.464.25$53,458
Oct 2014013,88078.303.90$54,145
Sep 2014013,92786.164.05$56,341
Aug 2014014,82189.394.04$59,805
Jul 2014014,88496.564.18$62,209
Jun 2014012,82998.164.74$60,769
May 201409,03694.734.73$42,709
Apr 2014011,27795.944.81$54,232
Mar 2014020,31895.895.06$102,744
Feb 2014018,71497.406.19$115,877
Jan 2014019,26390.404.86$93,632
Dec 2013017,50091.824.35$76,203
Nov 2013018,32888.853.74$68,515
Oct 2013018,47497.423.78$69,820
Sep 2013016,641104.113.72$61,867
Aug 201307,073104.253.52$24,915
Jul 201305,256102.523.72$19,540
Jun 2013012,95494.403.93$50,953
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201302,58393.623.91$10,107
Feb 2013015,90791.233.42$54,401
Jan 2013095691.603.42$3,269
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012076892.662.91$2,233
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201202,70191.612.49$6,721
Apr 2012019,308101.652.00$38,554
Mar 2012019,631105.052.22$43,622
Feb 2012019,746101.102.57$50,752
Jan 2012020,87598.092.73$57,074
Dec 2011022,69896.873.24$73,536
Nov 2011023,63595.723.31$78,262
Oct 2011026,69584.983.65$97,398
Sep 2011028,11283.623.99$112,049
Aug 2011020,24583.404.15$84,003
Jul 20110094.144.52$0
Jun 201105,41392.904.64$25,116
May 2011010,92198.134.40$48,105
Apr 2011026,823105.964.33$116,232
Mar 2011026,97396.364.06$109,439
Feb 20110085.644.18$0
Jan 2011031,21186.504.59$143,220
Dec 2010033,40585.734.35$145,237
Nov 2010036,07580.843.80$136,917
Oct 2010040,33378.103.51$141,524
Sep 2010043,54472.633.98$173,282
Aug 2010051,56373.684.42$227,875
Jul 2010053,19072.554.74$251,934
Jun 2010061,79670.364.91$303,443
May 2010086,27671.124.24$365,398
Apr 201007,32281.694.12$30,186
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,811 Mcf  × $  3.05 =    $11,608

────────────────────────────────────────────────────
Month total                                  $11,608

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/256067 is the state's own key, not one this site invented.