CASTLE

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 256670District 09Field 65280200GasSaveExport
Value, all time
$6.6 M
Apr 2010 – May 2026
Value, last 12 filed months
$217 k
at the published price for each month
Months reported
194
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
GasProduction1,845,970 Mcf$6,603,733
Total$6,603,733

Every month this lease reported (194)

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

194 months

May 20264,858106.413.05$14,797
Apr 20264,63998.932.87$13,313
Mar 20264,72989.753.15$14,894
Feb 20264,28163.503.75$16,055
Jan 20264,73259.138.00$37,846
Dec 20255,00256.664.41$22,076
Nov 20254,99258.593.93$19,601
Oct 20254,83959.383.30$15,992
Sep 20254,86862.743.08$14,978
Aug 20254,99063.933.01$15,044
Jul 20254,99966.743.32$16,573
Jun 20254,97366.483.13$15,559
May 20255,19960.553.23$16,805
Apr 20255,10562.363.54$18,088
Mar 20255,18167.704.27$22,114
Feb 20254,88370.884.34$21,196
Jan 20255,13574.324.28$21,971
Dec 20245,20268.993.12$16,237
Nov 20245,09369.052.20$11,197
Oct 20245,29471.372.28$12,078
Sep 20245,24869.612.36$12,408
Aug 20245,44875.632.06$11,243
Jul 20245,31979.932.15$11,418
Jun 20245,41078.082.63$14,250
May 20245,67778.812.20$12,481
Apr 20245,45084.451.66$9,043
Mar 20245,74980.301.55$8,883
Feb 20245,42876.091.78$9,682
Jan 20245,76273.023.30$19,001
Dec 20235,77871.262.61$15,085
Nov 20235,59377.892.81$15,703
Oct 20235,81585.443.09$17,953
Sep 20235,69789.042.74$15,582
Aug 20235,78580.522.67$15,463
Jul 20235,80574.852.64$15,336
Jun 20235,64268.962.26$12,742
May 20235,86870.622.23$13,070
Apr 20235,70478.122.24$12,764
Mar 20235,89172.852.39$14,098
Feb 20235,32575.112.47$13,130
Jan 20235,80176.533.39$19,652
Dec 20225,89776.415.73$33,784
Nov 20225,37885.005.65$30,365
Oct 20226,21087.185.86$36,414
Sep 20225,96184.888.16$48,664
Aug 20226,20194.529.13$56,598
Jul 20226,229101.587.54$46,980
Jun 20225,311115.097.98$42,367
May 20225,021109.378.43$42,342
Apr 20224,861104.226.84$33,238
Mar 20225,137108.885.08$26,077
Feb 20224,75091.054.86$23,079
Jan 20225,15181.844.54$23,374
Dec 20215,88471.323.90$22,942
Nov 20215,87477.435.24$30,761
Oct 20216,08579.795.71$34,769
Sep 20215,89569.865.35$31,544
Aug 20216,15366.024.22$25,969
Jul 20215,80470.783.98$23,112
Jun 20214,98069.493.38$16,835
May 20215,59963.483.02$16,896
Apr 20215,85660.362.76$16,153
Mar 20216,06561.302.72$16,478
Feb 20215,81357.805.55$32,250
Jan 20216,20750.412.81$17,443
Dec 20206,26744.642.68$16,767
Nov 20205,97938.772.71$16,183
Oct 20206,11936.972.48$15,166
Sep 20205,72337.091.99$11,395
Aug 20205,83439.982.39$13,915
Jul 20205,63538.371.83$10,285
Jun 20206,51934.901.69$11,019
May 20206,45616.921.81$11,716
Apr 20206,25314.751.80$11,283
Mar 20206,18330.341.86$11,477
Feb 20206,14549.881.98$12,171
Jan 20206,61357.252.09$13,853
Dec 20196,65559.012.30$15,336
Nov 20196,46255.302.75$17,775
Oct 20196,86053.472.42$16,591
Sep 20196,65755.052.66$17,690
Aug 20196,93953.112.30$15,990
Jul 20196,85256.272.46$16,856
Jun 20196,66252.782.49$16,596
May 20196,96758.482.74$19,092
Apr 20196,80662.632.75$18,721
Mar 20197,00156.803.06$21,438
Feb 20196,92050.852.79$19,322
Jan 20197,77446.033.23$25,096
Dec 20188,07346.594.19$33,789
Nov 20187,95052.934.24$33,686
Oct 20188,35961.443.40$28,405
Sep 20188,21859.543.11$25,542
Aug 20188,58259.403.07$26,317
Jul 20188,54765.142.93$25,059
Jun 20188,40460.183.08$25,858
May 20189,08665.382.90$26,357
Apr 20188,75163.842.90$25,385
Mar 20188,90361.222.79$24,811
Feb 20188,16761.782.77$22,591
Jan 20189,08962.874.01$36,441
Dec 20179,17257.272.92$26,796
Nov 20179,38255.423.12$29,256
Oct 20179,80449.292.98$29,252
Sep 20179,54947.523.09$29,480
Aug 20179,99145.373.00$30,017
Jul 201710,14543.873.09$31,320
Jun 201710,02242.493.09$30,941
May 201710,47545.373.26$34,184
Apr 201710,09847.933.21$32,431
Mar 201710,94446.772.98$32,653
Feb 201710,02250.452.95$29,591
Jan 201710,95349.413.42$37,446
Dec 201610,44648.763.72$38,889
Nov 201610,35242.492.64$27,374
Oct 20168,76946.193.09$27,098
Sep 20167,14941.553.10$22,166
Aug 20167,44041.442.92$21,757
Jul 20167,61341.622.92$22,263
Jun 20167,40645.352.69$19,891
May 20167,76542.521.99$15,460
Apr 20167,57736.561.99$15,086
Mar 20167,81233.011.79$14,015
Feb 20167,33426.472.06$15,135
Jan 20168,18427.352.36$19,350
Dec 20158,29232.362.00$16,596
Nov 20158,16138.792.17$17,688
Oct 20158,76443.552.43$21,267
Sep 20158,57442.992.76$23,651
Aug 20159,06540.162.87$26,039
Jul 20159,46848.152.95$27,884
Jun 20159,53956.152.88$27,500
May 20159,93755.212.96$29,368
Apr 20159,14249.822.71$24,743
Mar 20159,42642.892.93$27,663
Feb 20158,53744.662.98$25,408
Jan 20159,53643.433.10$29,568
Dec 20149,58354.693.59$34,416
Nov 20149,81170.464.25$41,715
Oct 20149,94278.303.90$38,783
Sep 20149,74186.164.05$39,407
Aug 201410,30289.394.04$41,570
Jul 201410,33696.564.18$43,200
Jun 201410,09798.164.74$47,828
May 201410,59494.734.73$50,073
Apr 201410,38595.944.81$49,943
Mar 201410,92095.895.06$55,220
Feb 201410,03097.406.19$62,106
Jan 201411,17690.404.86$54,323
Dec 201311,24891.824.35$48,979
Nov 201311,11388.853.74$41,544
Oct 201311,54797.423.78$43,640
Sep 20139,741104.113.72$36,215
Aug 201311,873104.253.52$41,824
Jul 201312,006102.523.72$44,635
Jun 201311,72494.403.93$46,115
May 201312,54894.834.15$52,063
Apr 201312,22193.964.28$52,338
Mar 201312,83893.623.91$50,233
Feb 201311,80391.233.42$40,365
Jan 201313,40791.603.42$45,851
Dec 201212,93086.773.42$44,223
Nov 201211,91386.953.62$43,184
Oct 201212,41189.383.40$42,193
Sep 201212,83594.672.92$37,458
Aug 201213,60092.662.91$39,551
Jul 201214,34085.133.02$43,318
Jun 201214,27479.822.52$35,957
May 201215,07591.612.49$37,511
Apr 201214,414101.652.00$28,782
Mar 201215,570105.052.22$34,598
Feb 20120101.102.57$0
Jan 201216,59898.092.73$45,380
Dec 201117,18596.873.24$55,675
Nov 201116,70595.723.31$55,315
Oct 201117,92484.983.65$65,396
Sep 201117,28483.623.99$68,891
Aug 201118,52383.404.15$76,858
Jul 201118,74994.144.52$84,694
Jun 201119,23092.904.64$89,225
May 201120,68598.134.40$91,114
Apr 201120,772105.964.33$90,011
Mar 2011096.364.06$0
Feb 201120,68385.644.18$86,455
Jan 201124,74086.504.59$113,526
Dec 201025,07985.734.35$109,037
Nov 201026,85480.843.80$101,920
Oct 201028,64278.103.51$100,502
Sep 201029,40872.633.98$117,028
Aug 201032,83673.684.42$145,114
Jul 201035,83372.554.74$169,723
Jun 201036,47770.364.91$179,117
May 201057,99171.124.24$245,605
Apr 20102,65881.694.12$10,958

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                4,858 Mcf  × $  3.05 =    $14,797

────────────────────────────────────────────────────
Month total                                  $14,797

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/256670 is the state's own key, not one this site invented.