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 256876District 09Field 65280200GasSaveExport
Value, all time
$5.3 M
May 2010 – May 2026
Value, last 12 filed months
$113 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
GasProduction1,452,984 Mcf$5,306,939
Total$5,306,939

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 20262,419106.413.05$7,368
Apr 20262,37598.932.87$6,816
Mar 20262,45089.753.15$7,716
Feb 20262,18763.503.75$8,202
Jan 20262,40559.138.00$19,235
Dec 20252,64056.664.41$11,651
Nov 20252,56758.593.93$10,079
Oct 20252,68259.383.30$8,864
Sep 20252,71562.743.08$8,354
Aug 20252,78163.933.01$8,384
Jul 20252,70566.743.32$8,968
Jun 20252,43266.483.13$7,609
May 20251,96760.553.23$6,358
Apr 20251,90662.363.54$6,753
Mar 20251,95967.704.27$8,362
Feb 20251,97370.884.34$8,564
Jan 20252,28374.324.28$9,768
Dec 20242,37768.993.12$7,420
Nov 20242,26169.052.20$4,971
Oct 20242,32071.372.28$5,293
Sep 20242,19469.612.36$5,187
Aug 20242,38675.632.06$4,924
Jul 20242,50579.932.15$5,377
Jun 20242,65678.082.63$6,996
May 20242,48478.812.20$5,461
Apr 20242,43984.451.66$4,047
Mar 20242,41280.301.55$3,727
Feb 20241,90676.091.78$3,400
Jan 20241,54473.023.30$5,092
Dec 20231,94671.262.61$5,080
Nov 20232,31877.892.81$6,508
Oct 20232,70885.443.09$8,360
Sep 20232,93689.042.74$8,030
Aug 20232,82180.522.67$7,540
Jul 20233,02474.852.64$7,989
Jun 20232,93768.962.26$6,633
May 20233,07170.622.23$6,840
Apr 20233,08978.122.24$6,912
Mar 20233,17872.852.39$7,605
Feb 20232,91075.112.47$7,175
Jan 20233,23076.533.39$10,942
Dec 20223,31676.415.73$18,998
Nov 20223,30285.005.65$18,644
Oct 20223,51087.185.86$20,582
Sep 20223,34784.888.16$27,324
Aug 20223,39294.529.13$30,959
Jul 20223,537101.587.54$26,676
Jun 20223,270115.097.98$26,085
May 20223,276109.378.43$27,627
Apr 20223,181104.226.84$21,750
Mar 20223,187108.885.08$16,178
Feb 20223,14191.054.86$15,262
Jan 20223,56481.844.54$16,172
Dec 20213,58371.323.90$13,971
Nov 20213,60977.435.24$18,900
Oct 20213,84579.795.71$21,970
Sep 20213,77269.865.35$20,184
Aug 20213,87266.024.22$16,342
Jul 20213,12770.783.98$12,452
Jun 20211,13069.493.38$3,820
May 20213,36863.483.02$10,164
Apr 20213,44160.362.76$9,492
Mar 20213,69561.302.72$10,039
Feb 20212,44457.805.55$13,559
Jan 20213,30850.412.81$9,296
Dec 20203,48344.642.68$9,319
Nov 20203,91138.772.71$10,585
Oct 20204,21736.972.48$10,452
Sep 20204,15937.091.99$8,281
Aug 20204,22939.982.39$10,087
Jul 20204,20738.371.83$7,678
Jun 20204,06534.901.69$6,871
May 20204,32416.921.81$7,847
Apr 20204,66614.751.80$8,419
Mar 20204,14330.341.86$7,690
Feb 20204,23449.881.98$8,386
Jan 20204,38157.252.09$9,177
Dec 20193,65959.012.30$8,432
Nov 20194,91255.302.75$13,511
Oct 20195,10753.472.42$12,351
Sep 20195,03355.052.66$13,374
Aug 20194,37053.112.30$10,070
Jul 20193,86056.272.46$9,496
Jun 20192,74452.782.49$6,836
May 20193,56358.482.74$9,764
Apr 20193,49462.632.75$9,611
Mar 20193,44156.803.06$10,537
Feb 20193,98950.852.79$11,138
Jan 20193,30446.033.23$10,666
Dec 20183,67446.594.19$15,377
Nov 20184,70052.934.24$19,915
Oct 20185,19061.443.40$17,636
Sep 20184,70159.543.11$14,611
Aug 20185,06359.403.07$15,526
Jul 20185,01165.142.93$14,692
Jun 20184,19260.183.08$12,898
May 20185,10065.382.90$14,794
Apr 20185,83563.842.90$16,926
Mar 20186,41061.222.79$17,864
Feb 20185,26061.782.77$14,550
Jan 20186,66162.874.01$26,706
Dec 20176,98957.272.92$20,419
Nov 20177,13255.423.12$22,240
Oct 20177,27049.292.98$21,691
Sep 20177,49847.523.09$23,148
Aug 20177,88145.373.00$23,678
Jul 20178,52443.873.09$26,316
Jun 20178,21542.493.09$25,362
May 20178,93645.373.26$29,162
Apr 20178,79547.933.21$28,246
Mar 20177,05746.772.98$21,056
Feb 20176,73350.452.95$19,880
Jan 20178,49949.413.42$29,056
Dec 20163,75948.763.72$13,994
Nov 201610,24942.492.64$27,102
Oct 20168,43046.193.09$26,051
Sep 20167,94741.553.10$24,641
Aug 20163,95741.442.92$11,572
Jul 20162,12141.622.92$6,203
Jun 20169,12345.352.69$24,503
May 20167,35342.521.99$14,640
Apr 20167,11636.561.99$14,168
Mar 20168,81133.011.79$15,807
Feb 20166,46626.472.06$13,343
Jan 2016027.352.36$0
Dec 201555032.362.00$1,101
Nov 20156,48638.792.17$14,057
Oct 20155,94943.552.43$14,436
Sep 201592142.992.76$2,541
Aug 20156,03440.162.87$17,333
Jul 20156,25148.152.95$18,410
Jun 20155,95356.152.88$17,162
May 20155,97655.212.96$17,662
Apr 20155,06849.822.71$13,717
Mar 20156,38042.892.93$18,723
Feb 20156,02844.662.98$17,940
Jan 20156,93643.433.10$21,506
Dec 20147,11054.693.59$25,535
Nov 20147,12270.464.25$30,282
Oct 20147,26678.303.90$28,344
Sep 20147,08786.164.05$28,670
Aug 20146,03389.394.04$24,344
Jul 20148,26096.564.18$34,524
Jun 20147,76698.164.74$36,787
May 20148,63694.734.73$40,819
Apr 20148,07295.944.81$38,819
Mar 20148,25895.895.06$41,759
Feb 20147,84497.406.19$48,570
Jan 20149,64790.404.86$46,891
Dec 20139,50291.824.35$41,376
Nov 20138,67688.853.74$32,433
Oct 20138,96197.423.78$33,867
Sep 20138,764104.113.72$32,582
Aug 20138,810104.253.52$31,034
Jul 20138,959102.523.72$33,307
Jun 20139,67594.403.93$38,056
May 201310,56994.834.15$43,852
Apr 201310,80793.964.28$46,282
Mar 201311,76993.623.91$46,051
Feb 201310,10191.233.42$34,545
Jan 201310,28291.603.42$35,164
Dec 201210,61786.773.42$36,312
Nov 201210,95086.953.62$39,693
Oct 201211,22289.383.40$38,151
Sep 201211,89394.672.92$34,709
Aug 201212,46892.662.91$36,259
Jul 201213,04885.133.02$39,415
Jun 201212,70379.822.52$31,999
May 201212,40291.612.49$30,860
Apr 201214,395101.652.00$28,744
Mar 201214,011105.052.22$31,134
Feb 201213,959101.102.57$35,878
Jan 201215,76398.092.73$43,097
Dec 201116,67096.873.24$54,006
Nov 201117,49795.723.31$57,937
Oct 201117,98384.983.65$65,612
Sep 201119,06183.623.99$75,973
Aug 201121,30083.404.15$88,381
Jul 201124,23294.144.52$109,462
Jun 201117,22992.904.64$79,940
May 20112,56698.134.40$11,303
Apr 201114,530105.964.33$62,963
Mar 201118,66196.364.06$75,714
Feb 201115,23285.644.18$63,669
Jan 201122,70486.504.59$104,184
Dec 201025,57785.734.35$111,202
Nov 201027,51080.843.80$104,410
Oct 201031,24878.103.51$109,646
Sep 201033,90472.633.98$134,920
Aug 201040,14873.684.42$177,428
Jul 201045,17172.554.74$213,952
Jun 201052,90370.364.91$259,775
May 201053,45171.124.24$226,377

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                2,419 Mcf  × $  3.05 =     $7,368

────────────────────────────────────────────────────
Month total                                   $7,368

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/256876 is the state's own key, not one this site invented.