JOHNSON, BEN

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 256820District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
May 2010 – May 2026
Value, last 12 filed months
$257 k
at the published price for each month
Months reported
193
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
CondensateDisposition20,933 bbl$1,596,460
GasProduction1,964,849 Mcf$7,227,597
Total$8,824,057

Every month this lease reported (193)

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

193 months

May 202604,800106.413.05$14,620
Apr 202604,99598.932.87$14,334
Mar 20261155,21789.753.15$26,752
Feb 202604,88663.503.75$18,324
Jan 2026535,11159.138.00$44,011
Dec 202515,10056.664.41$22,565
Nov 202505,28458.593.93$20,747
Oct 202505,80959.383.30$19,198
Sep 2025725,64462.743.08$21,883
Aug 202505,85263.933.01$17,642
Jul 202505,20866.743.32$17,266
Jun 2025644,81666.483.13$19,323
May 202505,53760.553.23$17,897
Apr 2025605,29262.363.54$22,492
Mar 202505,54267.704.27$23,655
Feb 202504,99970.884.34$21,700
Jan 2025655,37174.324.28$27,812
Dec 20241305,22068.993.12$25,262
Nov 202405,03469.052.20$11,067
Oct 202445,23371.372.28$12,224
Sep 202404,89969.612.36$11,583
Aug 202404,51175.632.06$9,309
Jul 202404,74979.932.15$10,194
Jun 20241534,59078.082.63$24,036
May 202404,81678.812.20$10,588
Apr 202404,62284.451.66$7,669
Mar 20241544,71980.301.55$19,658
Feb 202414,66176.091.78$8,390
Jan 202405,51773.023.30$18,193
Dec 2023615,52971.262.61$18,782
Nov 202305,58177.892.81$15,669
Oct 202305,71185.443.09$17,631
Sep 202305,48689.042.74$15,004
Aug 2023555,79280.522.67$19,910
Jul 202305,87374.852.64$15,515
Jun 202305,73968.962.26$12,961
May 2023676,03370.622.23$18,169
Apr 202305,96378.122.24$13,344
Mar 2023706,25372.852.39$20,064
Feb 202305,45675.112.47$13,453
Jan 202305,80076.533.39$19,649
Dec 202206,32276.415.73$36,219
Nov 202205,96885.005.65$33,697
Oct 202206,59287.185.86$38,654
Sep 202206,18584.888.16$50,492
Aug 202206,25694.529.13$57,100
Jul 202206,042101.587.54$45,569
Jun 202206,200115.097.98$49,459
May 202206,565109.378.43$55,363
Apr 202206,512104.226.84$44,526
Mar 20221436,727108.885.08$49,719
Feb 202206,23091.054.86$30,271
Jan 202206,58381.844.54$29,872
Dec 202106,53171.323.90$25,465
Nov 20211306,26477.435.24$42,870
Oct 202106,25679.795.71$35,746
Sep 202106,41869.865.35$34,342
Aug 202106,53666.024.22$27,586
Jul 20211216,59670.783.98$34,830
Jun 202106,07069.493.38$20,520
May 202106,32063.483.02$19,072
Apr 20211516,02060.362.76$25,720
Mar 202106,55461.302.72$17,807
Feb 202104,66357.805.55$25,870
Jan 202106,57150.412.81$18,466
Dec 20201196,72944.642.68$23,315
Nov 20201786,20138.772.71$23,685
Oct 202006,24136.972.48$15,468
Sep 202006,63137.091.99$13,203
Aug 202006,90339.982.39$16,464
Jul 202006,70338.371.83$12,234
Jun 202006,32434.901.69$10,690
May 20201746,77216.921.81$15,234
Apr 202006,69714.751.80$12,084
Mar 202006,95630.341.86$12,912
Feb 20201706,47249.881.98$21,299
Jan 202006,71657.252.09$14,068
Dec 201906,74559.012.30$15,543
Nov 20191756,63455.302.75$27,926
Oct 201906,62953.472.42$16,033
Sep 201906,28155.052.66$16,690
Aug 201906,39053.112.30$14,725
Jul 2019386,32256.272.46$17,691
Jun 20191786,04352.782.49$24,449
May 201906,55558.482.74$17,963
Apr 201906,00162.632.75$16,507
Mar 20191785,98856.803.06$28,446
Feb 201905,60850.852.79$15,659
Jan 201906,25746.033.23$20,199
Dec 201806,84346.594.19$28,641
Nov 20181826,82052.934.24$38,531
Oct 201806,73361.443.40$22,879
Sep 201806,60459.543.11$20,525
Aug 20181777,11259.403.07$32,323
Jul 201807,07965.142.93$20,755
Jun 201806,90560.183.08$21,246
May 20181807,43065.382.90$33,321
Apr 201807,17463.842.90$20,810
Mar 201807,47061.222.79$20,818
Feb 20181876,64961.782.77$29,945
Jan 201807,68962.874.01$30,828
Dec 201707,57357.272.92$22,125
Nov 20171798,24855.423.12$35,640
Oct 201709,04049.292.98$26,972
Sep 20171818,83747.523.09$35,883
Aug 201708,25545.373.00$24,801
Jul 201707,50943.873.09$23,182
Jun 20171788,69542.493.09$34,407
May 201709,25145.373.26$30,190
Apr 201709,30147.933.21$29,871
Mar 201706,84746.772.98$20,429
Feb 20171276,84450.452.95$26,615
Jan 201704,37149.413.42$14,944
Dec 20161027,53548.763.72$33,025
Nov 20161328,15942.492.64$27,184
Oct 20161768,29846.193.09$33,772
Sep 201607,72741.553.10$23,959
Aug 20161778,53041.442.92$32,280
Jul 201607,59341.622.92$22,205
Jun 201607,67045.352.69$20,600
May 20161668,63342.521.99$24,247
Apr 201607,85936.561.99$15,648
Mar 20161709,28333.011.79$22,265
Feb 201608,89126.472.06$18,348
Jan 20161628,80627.352.36$25,251
Dec 201517710,65732.362.00$27,057
Nov 2015010,34438.792.17$22,419
Oct 201508,37743.552.43$20,327
Sep 20151668,52142.992.76$30,641
Aug 2015010,25240.162.87$29,449
Jul 20151799,89148.152.95$37,749
Jun 2015010,01456.152.88$28,869
May 20151709,83855.212.96$38,461
Apr 201505,87349.822.71$15,896
Mar 2015013842.892.93$405
Feb 201502,67544.662.98$7,961
Jan 2015010,67543.433.10$33,099
Dec 201416811,23154.693.59$49,522
Nov 2014011,10370.464.25$47,208
Oct 201415811,86078.303.90$58,637
Sep 2014012,26886.164.05$49,629
Aug 201416915,97689.394.04$79,572
Jul 2014016,62996.564.18$69,503
Jun 201417816,58198.164.74$96,015
May 201418317,52794.734.73$100,178
Apr 2014012,22495.944.81$58,787
Mar 201416412,16295.895.06$77,227
Feb 201419310,89797.406.19$86,272
Jan 2014012,58390.404.86$61,162
Dec 201316315,58291.824.35$82,818
Nov 201318012,90488.853.74$64,232
Oct 201317313,59597.423.78$68,234
Sep 2013013,535104.113.72$50,320
Aug 201318315,504104.253.52$73,692
Jul 201318014,327102.523.72$71,718
Jun 201317215,07794.403.93$75,541
May 201318917,52894.834.15$90,648
Apr 2013016,33193.964.28$69,939
Mar 201333915,83593.623.91$93,697
Feb 201318718,31191.233.42$79,682
Jan 201315114,54291.603.42$63,564
Dec 201218023,08386.773.42$94,566
Nov 201218019,10286.953.62$84,895
Oct 201215716,28489.383.40$69,393
Sep 2012015,50794.672.92$45,256
Aug 201217616,94292.662.91$65,578
Jul 2012012585.133.02$378
Jun 201217916,79879.822.52$56,603
May 201217516,30491.612.49$56,601
Apr 2012016,284101.652.00$32,516
Mar 201204,432105.052.22$9,848
Feb 20120131101.102.57$337
Jan 201208,61298.092.73$23,546
Dec 2011013,72596.873.24$44,465
Nov 201107,78095.723.31$25,762
Oct 20110684.983.65$22
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20111816,63094.144.52$46,989
Jun 201152929,37692.904.64$185,445
May 201171831,81598.134.40$210,597
Apr 201155431,854105.964.33$196,734
Mar 201171533,63396.364.06$205,358
Feb 201156828,41585.644.18$167,418
Jan 201176436,99486.504.59$235,843
Dec 201073538,68785.734.35$231,213
Nov 201093840,02480.843.80$227,732
Oct 201092843,73678.103.51$225,942
Sep 201073144,76472.633.98$231,230
Aug 20101,10946,90173.684.42$288,984
Jul 20101,13753,34372.554.74$335,148
Jun 20101,10160,27070.364.91$373,416
May 2010020,63371.124.24$87,385

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                4,800 Mcf  × $  3.05 =    $14,620

────────────────────────────────────────────────────
Month total                                  $14,620

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/256820 is the state's own key, not one this site invented.