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 256874District 09Field 65280200GasSaveExport
Value, all time
$6.3 M
May 2010 – May 2026
Value, last 12 filed months
$106 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
GasProduction1,672,888 Mcf$6,251,975
Total$6,251,975

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 20262,339106.413.05$7,124
Apr 20262,21598.932.87$6,356
Mar 20262,13189.753.15$6,711
Feb 20261,86363.503.75$6,987
Jan 20261,92859.138.00$15,420
Dec 20252,20556.664.41$9,731
Nov 20252,72558.593.93$10,700
Oct 20253,03159.383.30$10,017
Sep 20252,99062.743.08$9,200
Aug 20252,31563.933.01$6,979
Jul 20252,73766.743.32$9,074
Jun 20252,59666.483.13$8,122
May 20251,46460.553.23$4,732
Apr 20251,73962.363.54$6,161
Mar 20252,52867.704.27$10,790
Feb 20252,47170.884.34$10,726
Jan 20252,98974.324.28$12,789
Dec 20242,98468.993.12$9,314
Nov 20242,94969.052.20$6,483
Oct 20243,08571.372.28$7,038
Sep 20242,86969.612.36$6,783
Aug 20243,16575.632.06$6,531
Jul 20243,05579.932.15$6,558
Jun 20243,03978.082.63$8,005
May 20243,61178.812.20$7,939
Apr 20243,27784.451.66$5,437
Mar 20243,57480.301.55$5,522
Feb 20243,46176.091.78$6,173
Jan 20242,55773.023.30$8,432
Dec 20232,04871.262.61$5,347
Nov 20232,26877.892.81$6,368
Oct 20232,39385.443.09$7,388
Sep 20232,84589.042.74$7,781
Aug 20232,90480.522.67$7,762
Jul 20233,18574.852.64$8,414
Jun 20232,61268.962.26$5,899
May 20233,44070.622.23$7,662
Apr 20233,36278.122.24$7,523
Mar 20233,11272.852.39$7,448
Feb 20233,18675.112.47$7,856
Jan 20233,51276.533.39$11,898
Dec 20223,75676.415.73$21,518
Nov 20223,69185.005.65$20,840
Oct 20224,34587.185.86$25,478
Sep 20224,41084.888.16$36,002
Aug 20224,20794.529.13$38,398
Jul 20224,835101.587.54$36,466
Jun 20224,678115.097.98$37,317
May 20224,616109.378.43$38,927
Apr 20224,811104.226.84$32,896
Mar 20224,841108.885.08$24,575
Feb 20223,41991.054.86$16,612
Jan 20223,65981.844.54$16,603
Dec 20213,93671.323.90$15,347
Nov 20214,03077.435.24$21,105
Oct 20214,03579.795.71$23,055
Sep 20214,81569.865.35$25,765
Aug 20214,65566.024.22$19,647
Jul 20217,00870.783.98$27,906
Jun 20214,23369.493.38$14,310
May 20213,63563.483.02$10,969
Apr 20212,86660.362.76$7,906
Mar 20213,39061.302.72$9,210
Feb 20212,73457.805.55$15,168
Jan 20213,79850.412.81$10,673
Dec 20203,53544.642.68$9,458
Nov 20202,52738.772.71$6,840
Oct 20203,29336.972.48$8,161
Sep 20203,88437.091.99$7,733
Aug 20204,42839.982.39$10,561
Jul 20204,82738.371.83$8,810
Jun 20204,65534.901.69$7,868
May 20204,56016.921.81$8,275
Apr 20204,10114.751.80$7,400
Mar 20204,44930.341.86$8,258
Feb 20203,90249.881.98$7,729
Jan 20205,04857.252.09$10,574
Dec 20196,40859.012.30$14,766
Nov 20196,23855.302.75$17,159
Oct 20194,79653.472.42$11,599
Sep 20193,82455.052.66$10,161
Aug 20193,10253.112.30$7,148
Jul 20192,93756.272.46$7,225
Jun 20193,99452.782.49$9,950
May 20193,38158.482.74$9,265
Apr 20193,17962.632.75$8,744
Mar 20193,70056.803.06$11,330
Feb 20191,47650.852.79$4,121
Jan 20192,84046.033.23$9,168
Dec 20182,08946.594.19$8,743
Nov 20183,28752.934.24$13,928
Oct 20183,04561.443.40$10,347
Sep 20182,72359.543.11$8,463
Aug 20184,85659.403.07$14,891
Jul 20182,95365.142.93$8,658
Jun 20184,70960.183.08$14,489
May 20183,95165.382.90$11,461
Apr 20184,55663.842.90$13,216
Mar 20185,05561.222.79$14,087
Feb 20186,45561.782.77$17,855
Jan 20186,44362.874.01$25,832
Dec 20176,96357.272.92$20,343
Nov 20176,18555.423.12$19,287
Oct 20175,81449.292.98$17,347
Sep 20177,28247.523.09$22,482
Aug 20177,52745.373.00$22,614
Jul 20178,70643.873.09$26,878
Jun 20179,15942.493.09$28,276
May 201710,64345.373.26$34,732
Apr 201710,33847.933.21$33,202
Mar 20176,89946.772.98$20,584
Feb 201799050.452.95$2,923
Jan 20176,10449.413.42$20,868
Dec 20165,62148.763.72$20,926
Nov 20166,42642.492.64$16,993
Oct 201610,58346.193.09$32,704
Sep 201610,11441.553.10$31,360
Aug 20163,94641.442.92$11,539
Jul 201698041.622.92$2,866
Jun 20165,61045.352.69$15,068
May 20164,09342.521.99$8,149
Apr 20167,20236.561.99$14,339
Mar 20165,81633.011.79$10,434
Feb 20164,43226.472.06$9,146
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 20151838.792.17$39
Oct 20155643.552.43$136
Sep 20155,80142.992.76$16,002
Aug 20156,66640.162.87$19,148
Jul 20156,71048.152.95$19,761
Jun 20155,88756.152.88$16,971
May 20157,25555.212.96$21,442
Apr 20157,26449.822.71$19,661
Mar 20157,69342.892.93$22,577
Feb 20157,07944.662.98$21,068
Jan 20157,61043.433.10$23,596
Dec 20147,71954.693.59$27,722
Nov 20147,75370.464.25$32,965
Oct 20148,33178.303.90$32,499
Sep 20147,98886.164.05$32,315
Aug 20148,67089.394.04$34,984
Jul 20148,72196.564.18$36,450
Jun 20148,68198.164.74$41,121
May 20149,39194.734.73$44,387
Apr 20149,26895.944.81$44,571
Mar 20149,56195.895.06$48,348
Feb 20149,17097.406.19$56,781
Jan 201410,95490.404.86$53,244
Dec 201311,98391.824.35$52,180
Nov 201311,82488.853.74$44,201
Oct 201311,53697.423.78$43,599
Sep 201310,278104.113.72$38,211
Aug 201310,926104.253.52$38,488
Jul 201311,296102.523.72$41,996
Jun 201311,69994.403.93$46,017
May 201313,31894.834.15$55,257
Apr 201312,98893.964.28$55,622
Mar 201314,62993.623.91$57,241
Feb 201312,78091.233.42$43,706
Jan 201312,65091.603.42$43,262
Dec 201213,33686.773.42$45,611
Nov 201213,32486.953.62$48,299
Oct 201214,57389.383.40$49,544
Sep 201216,91994.672.92$49,376
Aug 201217,71792.662.91$51,524
Jul 201220,34785.133.02$61,464
Jun 20126,46379.822.52$16,281
May 20126,60891.612.49$16,443
Apr 201218,447101.652.00$36,835
Mar 201218,612105.052.22$41,357
Feb 201218,159101.102.57$46,673
Jan 201221,23298.092.73$58,050
Dec 201122,26696.873.24$72,136
Nov 201121,92495.723.31$72,597
Oct 201123,45784.983.65$85,584
Sep 201124,22683.623.99$96,560
Aug 201124,85183.404.15$103,115
Jul 201128,23294.144.52$127,531
Jun 201113,79292.904.64$63,993
May 201119,78198.134.40$87,132
Apr 201117,265105.964.33$74,814
Mar 201120,12296.364.06$81,642
Feb 201122,67285.644.18$94,769
Jan 201131,21486.504.59$143,234
Dec 201035,89785.734.35$156,071
Nov 201032,64180.843.80$123,883
Oct 201036,80978.103.51$129,159
Sep 201040,16772.633.98$159,843
Aug 201045,09573.684.42$199,291
Jul 201054,61172.554.74$258,664
Jun 201068,37370.364.91$335,739
May 201079,80271.124.24$337,979

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                2,339 Mcf  × $  3.05 =     $7,124

────────────────────────────────────────────────────
Month total                                   $7,124

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/256874 is the state's own key, not one this site invented.