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 256851District 09Field 65280200GasSaveExport
Value, all time
$6.7 M
May 2010 – May 2026
Value, last 12 filed months
$164 k
at the published price for each month
Months reported
193
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
GasProduction1,810,298 Mcf$6,694,889
Total$6,694,889

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 20263,610106.413.05$10,995
Apr 20263,45598.932.87$9,915
Mar 20263,35089.753.15$10,551
Feb 20263,42563.503.75$12,845
Jan 20263,52359.138.00$28,177
Dec 20253,85156.664.41$16,996
Nov 20253,72858.593.93$14,638
Oct 20253,97959.383.30$13,150
Sep 20253,77862.743.08$11,625
Aug 20253,99163.933.01$12,032
Jul 20253,82066.743.32$12,664
Jun 20253,41166.483.13$10,672
May 20253,19360.553.23$10,321
Apr 20252,89862.363.54$10,268
Mar 20252,72667.704.27$11,635
Feb 20252,45970.884.34$10,674
Jan 20253,16074.324.28$13,521
Dec 20243,03768.993.12$9,480
Nov 20242,92469.052.20$6,428
Oct 20243,02671.372.28$6,904
Sep 20242,76369.612.36$6,533
Aug 20242,97175.632.06$6,131
Jul 20242,44279.932.15$5,242
Jun 20242,22378.082.63$5,855
May 20242,75478.812.20$6,055
Apr 20242,58884.451.66$4,294
Mar 20242,19380.301.55$3,388
Feb 20242,31776.091.78$4,133
Jan 20242,55773.023.30$8,432
Dec 20232,40971.262.61$6,289
Nov 20232,52177.892.81$7,078
Oct 20233,24585.443.09$10,018
Sep 20233,18189.042.74$8,700
Aug 20232,61780.522.67$6,995
Jul 20232,02174.852.64$5,339
Jun 20233,56468.962.26$8,049
May 20233,76170.622.23$8,377
Apr 20233,58878.122.24$8,029
Mar 20233,68272.852.39$8,812
Feb 20233,31875.112.47$8,181
Jan 20232,87376.533.39$9,733
Dec 20223,37276.415.73$19,318
Nov 20223,60285.005.65$20,338
Oct 20224,08587.185.86$23,953
Sep 20223,99984.888.16$32,647
Aug 20224,04394.529.13$36,901
Jul 20224,067101.587.54$30,674
Jun 20223,181115.097.98$25,375
May 20222,899109.378.43$24,447
Apr 20222,441104.226.84$16,691
Mar 20224,461108.885.08$22,646
Feb 20224,16591.054.86$20,237
Jan 20224,88881.844.54$22,180
Dec 20214,76071.323.90$18,560
Nov 202124777.435.24$1,294
Oct 20213,90379.795.71$22,301
Sep 20215,17769.865.35$27,702
Aug 20215,29866.024.22$22,361
Jul 20216,34870.783.98$25,278
Jun 20215,27869.493.38$17,843
May 20214,77163.483.02$14,397
Apr 20214,86360.362.76$13,414
Mar 20215,12661.302.72$13,927
Feb 20213,94557.805.55$21,887
Jan 20215,14050.412.81$14,445
Dec 20205,30444.642.68$14,191
Nov 20205,42838.772.71$14,691
Oct 20205,72536.972.48$14,189
Sep 20205,19337.091.99$10,339
Aug 20205,11739.982.39$12,205
Jul 20205,63738.371.83$10,288
Jun 20205,72334.901.69$9,674
May 20206,09516.921.81$11,061
Apr 20205,66614.751.80$10,224
Mar 20206,44830.341.86$11,969
Feb 20205,89349.881.98$11,672
Jan 20206,51857.252.09$13,654
Dec 20196,69759.012.30$15,432
Nov 20196,56155.302.75$18,047
Oct 20197,17653.472.42$17,355
Sep 20196,85155.052.66$18,205
Aug 20196,32653.112.30$14,577
Jul 20195,98656.272.46$14,726
Jun 20195,76252.782.49$14,354
May 20195,92458.482.74$16,234
Apr 20196,05862.632.75$16,664
Mar 20196,10556.803.06$18,694
Feb 20196,21850.852.79$17,362
Jan 20196,33246.033.23$20,441
Dec 20186,72546.594.19$28,147
Nov 20186,97352.934.24$29,546
Oct 20186,73561.443.40$22,886
Sep 20186,41359.543.11$19,932
Aug 20186,74759.403.07$20,690
Jul 20186,81265.142.93$19,972
Jun 20185,67360.183.08$17,455
May 20186,85965.382.90$19,897
Apr 20188,38563.842.90$24,323
Mar 20189,26061.222.79$25,806
Feb 20189,61461.782.77$26,593
Jan 201810,30162.874.01$41,300
Dec 201711,04557.272.92$32,268
Nov 201710,68055.423.12$33,304
Oct 201711,46649.292.98$34,211
Sep 201710,72247.523.09$33,102
Aug 201711,56645.373.00$34,749
Jul 201712,41843.873.09$38,338
Jun 201712,97842.493.09$40,067
May 201711,49445.373.26$37,510
Apr 20177,28747.933.21$23,403
Mar 20174,09146.772.98$12,206
Feb 20174,42550.452.95$13,065
Jan 20176,18449.413.42$21,142
Dec 20165,98648.763.72$22,285
Nov 20165,56242.492.64$14,708
Oct 20166,22846.193.09$19,246
Sep 20165,76441.553.10$17,872
Aug 20162,82541.442.92$8,261
Jul 20161,51041.622.92$4,416
Jun 20167,96745.352.69$21,398
May 20167,45342.521.99$14,839
Apr 201636336.561.99$723
Mar 2016933.011.79$16
Feb 20161,73026.472.06$3,570
Jan 20161,12127.352.36$2,650
Dec 201568632.362.00$1,373
Nov 20151738.792.17$37
Oct 20156,74143.552.43$16,358
Sep 20158,32942.992.76$22,975
Aug 20157,83940.162.87$22,517
Jul 20158,00748.152.95$23,581
Jun 20157,76556.152.88$22,385
May 20157,79355.212.96$23,032
Apr 20157,96249.822.71$21,550
Mar 20158,70342.892.93$25,541
Feb 20158,17044.662.98$24,315
Jan 20159,05243.433.10$28,067
Dec 20149,32254.693.59$33,479
Nov 20148,76670.464.25$37,272
Oct 20149,65578.303.90$37,664
Sep 20149,72186.164.05$39,326
Aug 20149,92889.394.04$40,061
Jul 201410,15396.564.18$42,435
Jun 201410,13398.164.74$47,999
May 201410,75494.734.73$50,829
Apr 201410,73195.944.81$51,607
Mar 201411,17995.895.06$56,530
Feb 201410,40097.406.19$64,397
Jan 201411,70790.404.86$56,904
Dec 201311,97291.824.35$52,132
Nov 201311,97688.853.74$44,770
Oct 201312,52097.423.78$47,318
Sep 201312,567104.113.72$46,721
Aug 201312,940104.253.52$45,583
Jul 201313,309102.523.72$49,479
Jun 201313,43794.403.93$52,853
May 201314,44194.834.15$59,917
Apr 201314,89093.964.28$63,768
Mar 201314,58893.623.91$57,081
Feb 201314,69891.233.42$50,266
Jan 201316,77691.603.42$57,372
Dec 201217,39086.773.42$59,477
Nov 201217,21786.953.62$62,411
Oct 201218,35789.383.40$62,408
Sep 201219,18994.672.92$56,001
Aug 201220,55792.662.91$59,783
Jul 201219,79585.133.02$59,797
Jun 20125779.822.52$144
May 20127,11591.612.49$17,704
Apr 201219,795101.652.00$39,527
Mar 201221,487105.052.22$47,746
Feb 201217,228101.102.57$44,280
Jan 20122098.092.73$55
Dec 20115496.873.24$175
Nov 20117,02595.723.31$23,262
Oct 201117,89284.983.65$65,280
Sep 201119,87283.623.99$79,206
Aug 201115,48283.404.15$64,240
Jul 20114,57094.144.52$20,644
Jun 201121,36092.904.64$99,108
May 201123,10098.134.40$101,751
Apr 201123,880105.964.33$103,479
Mar 201127,31396.364.06$110,818
Feb 201126,41885.644.18$110,427
Jan 201132,27486.504.59$148,098
Dec 201035,12685.734.35$152,719
Nov 201037,18180.843.80$141,114
Oct 201042,20778.103.51$148,100
Sep 201045,94872.633.98$182,849
Aug 201054,19273.684.42$239,494
Jul 201056,63172.554.74$268,232
Jun 201068,34270.364.91$335,587
May 201082,49271.124.24$349,372

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                3,610 Mcf  × $  3.05 =    $10,995

────────────────────────────────────────────────────
Month total                                  $10,995

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/256851 is the state's own key, not one this site invented.