BOND, SAM

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 257822District 09Field 65280200GasSaveExport
Value, all time
$9.1 M
Jul 2010 – May 2026
Value, last 12 filed months
$217 k
at the published price for each month
Months reported
191
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
GasProduction2,542,498 Mcf$9,100,249
Total$9,100,249

Every month this lease reported (191)

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

191 months

May 20264,633106.413.05$14,111
Apr 20264,01298.932.87$11,513
Mar 20264,78689.753.15$15,073
Feb 20264,13263.503.75$15,496
Jan 20264,89659.138.00$39,158
Dec 20255,03256.664.41$22,208
Nov 20254,89758.593.93$19,228
Oct 20255,16859.383.30$17,079
Sep 20255,04462.743.08$15,520
Aug 20255,13763.933.01$15,487
Jul 20255,05666.743.32$16,762
Jun 20254,91966.483.13$15,390
May 20254,91460.553.23$15,884
Apr 20254,95062.363.54$17,538
Mar 20255,11767.704.27$21,841
Feb 20254,59870.884.34$19,959
Jan 20255,21474.324.28$22,309
Dec 20245,31668.993.12$16,593
Nov 20245,12669.052.20$11,269
Oct 20245,40071.372.28$12,320
Sep 20245,06169.612.36$11,966
Aug 20245,58775.632.06$11,530
Jul 20245,65979.932.15$12,148
Jun 20245,68978.082.63$14,985
May 20245,95278.812.20$13,085
Apr 20245,92384.451.66$9,827
Mar 20246,18680.301.55$9,558
Feb 20245,63376.091.78$10,047
Jan 20246,27273.023.30$20,683
Dec 20235,89571.262.61$15,390
Nov 20235,64277.892.81$15,840
Oct 20235,97885.443.09$18,456
Sep 20235,86189.042.74$16,030
Aug 20236,06180.522.67$16,200
Jul 20236,10374.852.64$16,123
Jun 20235,86068.962.26$13,235
May 20236,09770.622.23$13,580
Apr 20236,06378.122.24$13,568
Mar 20235,98272.852.39$14,316
Feb 20235,37975.112.47$13,263
Jan 20235,89476.533.39$19,967
Dec 20225,81976.415.73$33,338
Nov 20226,21285.005.65$35,074
Oct 20226,52687.185.86$38,267
Sep 20226,24084.888.16$50,941
Aug 20227,07894.529.13$64,602
Jul 20226,925101.587.54$52,229
Jun 20226,710115.097.98$53,527
May 20227,012109.378.43$59,132
Apr 20226,858104.226.84$46,892
Mar 20227,712108.885.08$39,149
Feb 20226,83191.054.86$33,191
Jan 20225,07581.844.54$23,029
Dec 20215,39671.323.90$21,040
Nov 20216,93677.435.24$36,323
Oct 20217,43979.795.71$42,505
Sep 20217,33369.865.35$39,238
Aug 20217,57766.024.22$31,979
Jul 20217,33970.783.98$29,224
Jun 20217,56069.493.38$25,557
May 20218,08963.483.02$24,410
Apr 20217,92060.362.76$21,847
Mar 20218,09861.302.72$22,002
Feb 20217,43857.805.55$41,266
Jan 20218,30650.412.81$23,342
Dec 20207,83844.642.68$20,970
Nov 20208,05038.772.71$21,788
Oct 20208,41536.972.48$20,856
Sep 20208,48137.091.99$16,886
Aug 20208,59839.982.39$20,507
Jul 20209,18438.371.83$16,762
Jun 20208,75734.901.69$14,802
May 20209,53916.921.81$17,311
Apr 20209,53014.751.80$17,196
Mar 20209,66630.341.86$17,942
Feb 20209,54549.881.98$18,906
Jan 202011,59357.252.09$24,284
Dec 201910,87059.012.30$25,048
Nov 20199,38855.302.75$25,824
Oct 201911,05253.472.42$26,730
Sep 20199,77155.052.66$25,964
Aug 201910,20353.112.30$23,511
Jul 20199,64356.272.46$23,722
Jun 20199,61552.782.49$23,953
May 20199,30558.482.74$25,499
Apr 20199,57162.632.75$26,327
Mar 201911,26456.803.06$34,491
Feb 201911,34550.852.79$31,678
Jan 201913,46846.033.23$43,477
Dec 201812,50246.594.19$52,326
Nov 201811,93152.934.24$50,555
Oct 201810,57661.443.40$35,938
Sep 20188,46259.543.11$26,300
Aug 20188,75759.403.07$26,854
Jul 20188,87465.142.93$26,018
Jun 20188,68960.183.08$26,735
May 20188,49265.382.90$24,634
Apr 20187,92263.842.90$22,980
Mar 20187,80361.222.79$21,746
Feb 20187,27161.782.77$20,112
Jan 20188,34362.874.01$33,450
Dec 20178,83957.272.92$25,823
Nov 20178,58555.423.12$26,771
Oct 20178,59149.292.98$25,633
Sep 20178,64347.523.09$26,683
Aug 20179,18945.373.00$27,607
Jul 20179,73043.873.09$30,039
Jun 20179,50542.493.09$29,345
May 20179,90245.373.26$32,314
Apr 201710,06547.933.21$32,325
Mar 201710,32846.772.98$30,815
Feb 20179,58350.452.95$28,295
Jan 201711,14049.413.42$38,085
Dec 201611,66748.763.72$43,434
Nov 201611,70342.492.64$30,947
Oct 201611,90446.193.09$36,786
Sep 201611,14041.553.10$34,541
Aug 201612,47141.442.92$36,469
Jul 201611,26941.622.92$32,954
Jun 20161,81445.352.69$4,872
May 201611,17842.521.99$22,256
Apr 201610,52936.561.99$20,964
Mar 201610,77033.011.79$19,321
Feb 201611,01926.472.06$22,739
Jan 201612,51127.352.36$29,581
Dec 201512,78132.362.00$25,580
Nov 201511,74438.792.17$25,453
Oct 201512,57543.552.43$30,514
Sep 201513,67842.992.76$37,730
Aug 201513,78340.162.87$39,592
Jul 201514,08848.152.95$41,490
Jun 201513,52656.152.88$38,994
May 201513,68355.212.96$40,439
Apr 201512,36649.822.71$33,469
Mar 201513,37342.892.93$39,246
Feb 201512,22744.662.98$36,390
Jan 201513,54243.433.10$41,989
Dec 201414,13554.693.59$50,764
Nov 201413,50470.464.25$57,417
Oct 201414,23078.303.90$55,511
Sep 201414,04386.164.05$56,810
Aug 201413,22789.394.04$53,373
Jul 201413,13496.564.18$54,895
Jun 201413,37598.164.74$63,356
May 201415,21994.734.73$71,934
Apr 201414,73295.944.81$70,848
Mar 201415,57795.895.06$78,770
Feb 201413,97397.406.19$86,521
Jan 201415,79690.404.86$76,780
Dec 201316,17191.824.35$70,416
Nov 201316,03388.853.74$59,936
Oct 201317,29697.423.78$65,368
Sep 201317,124104.113.72$63,663
Aug 201317,820104.253.52$62,773
Jul 201318,111102.523.72$67,332
Jun 201317,24894.403.93$67,843
May 201317,52194.834.15$72,696
Apr 201317,13993.964.28$73,399
Mar 201318,80693.623.91$73,585
Feb 201317,60691.233.42$60,211
Jan 201319,35691.603.42$66,196
Dec 201219,92786.773.42$68,154
Nov 201219,88986.953.62$72,097
Oct 201221,06889.383.40$71,624
Sep 201221,84394.672.92$63,747
Aug 201222,74792.662.91$66,152
Jul 201222,78085.133.02$68,814
Jun 201220,11179.822.52$50,660
May 201219,91091.612.49$49,542
Apr 201221,953101.652.00$43,836
Mar 201220,478105.052.22$45,504
Feb 201220,021101.102.57$51,459
Jan 201222,92798.092.73$62,684
Dec 201124,70096.873.24$80,022
Nov 201125,03395.723.31$82,891
Oct 201127,26984.983.65$99,492
Sep 201128,33083.623.99$112,918
Aug 201129,55883.404.15$122,646
Jul 201126,62094.144.52$120,249
Jun 201132,52992.904.64$150,931
May 201136,60598.134.40$161,238
Apr 201137,318105.964.33$161,709
Mar 201141,26496.364.06$167,422
Feb 201138,80985.644.18$162,221
Jan 201147,65586.504.59$218,678
Dec 201051,88385.734.35$225,574
Nov 201053,81980.843.80$204,261
Oct 201061,03478.103.51$214,162
Sep 201067,41772.633.98$268,284
Aug 201081,46473.684.42$360,019
Jul 201063,05472.554.74$298,655

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                4,633 Mcf  × $  3.05 =    $14,111

────────────────────────────────────────────────────
Month total                                  $14,111

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/257822 is the state's own key, not one this site invented.