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 257839District 09Field 65280200GasSaveExport
Value, all time
$5.2 M
Jul 2010 – May 2026
Value, last 12 filed months
$133 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
GasProduction1,440,707 Mcf$5,186,760
Total$5,186,760

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 20262,839106.413.05$8,647
Apr 20262,92498.932.87$8,391
Mar 20263,04689.753.15$9,593
Feb 20262,68963.503.75$10,085
Jan 20262,87259.138.00$22,970
Dec 20253,00656.664.41$13,267
Nov 20252,88758.593.93$11,336
Oct 20253,10859.383.30$10,271
Sep 20252,99762.743.08$9,222
Aug 20253,15463.933.01$9,509
Jul 20252,98566.743.32$9,896
Jun 20253,14966.483.13$9,852
May 20253,28060.553.23$10,602
Apr 20253,20062.363.54$11,338
Mar 20253,32667.704.27$14,196
Feb 20253,09770.884.34$13,444
Jan 20253,40274.324.28$14,556
Dec 20243,39368.993.12$10,591
Nov 20243,45569.052.20$7,596
Oct 20243,49771.372.28$7,978
Sep 20243,37269.612.36$7,973
Aug 20243,18375.632.06$6,569
Jul 20243,52279.932.15$7,560
Jun 20243,48178.082.63$9,169
May 20243,48878.812.20$7,668
Apr 20243,30084.451.66$5,475
Mar 20243,46980.301.55$5,360
Feb 20243,18276.091.78$5,676
Jan 20243,37573.023.30$11,130
Dec 20233,45071.262.61$9,007
Nov 20233,34877.892.81$9,400
Oct 20233,45485.443.09$10,663
Sep 20233,31989.042.74$9,078
Aug 20233,52380.522.67$9,417
Jul 20233,43574.852.64$9,075
Jun 20233,49268.962.26$7,887
May 20233,71770.622.23$8,279
Apr 20233,71778.122.24$8,318
Mar 20233,87572.852.39$9,273
Feb 20233,52275.112.47$8,684
Jan 20233,88076.533.39$13,144
Dec 20223,98876.415.73$22,848
Nov 20223,69285.005.65$20,846
Oct 20223,79887.185.86$22,271
Sep 20223,65984.888.16$29,871
Aug 20223,87294.529.13$35,340
Jul 20223,802101.587.54$28,675
Jun 20223,662115.097.98$29,213
May 20224,248109.378.43$35,824
Apr 20224,138104.226.84$28,294
Mar 20224,366108.885.08$22,164
Feb 20224,42791.054.86$21,510
Jan 20225,02281.844.54$22,788
Dec 20214,91671.323.90$19,168
Nov 20214,72777.435.24$24,755
Oct 20214,29879.795.71$24,558
Sep 20214,04669.865.35$21,650
Aug 20214,28166.024.22$18,068
Jul 20214,26470.783.98$16,980
Jun 20214,36869.493.38$14,767
May 20214,51363.483.02$13,619
Apr 20214,45560.362.76$12,289
Mar 20214,54361.302.72$12,343
Feb 20214,19157.805.55$23,251
Jan 20214,81750.412.81$13,537
Dec 20204,76544.642.68$12,749
Nov 20204,73138.772.71$12,805
Oct 20204,72636.972.48$11,713
Sep 20204,70537.091.99$9,368
Aug 20204,99539.982.39$11,914
Jul 20204,87938.371.83$8,905
Jun 20203,81334.901.69$6,445
May 20203,42716.921.81$6,219
Apr 20203,39214.751.80$6,120
Mar 20203,14230.341.86$5,832
Feb 20203,42249.881.98$6,778
Jan 20203,81557.252.09$7,991
Dec 20193,80159.012.30$8,759
Nov 20193,61055.302.75$9,930
Oct 20193,46653.472.42$8,383
Sep 20192,50455.052.66$6,654
Aug 20192,75753.112.30$6,353
Jul 20192,86156.272.46$7,038
Jun 20193,24752.782.49$8,089
May 20194,13858.482.74$11,339
Apr 20193,63862.632.75$10,007
Mar 20193,72456.803.06$11,403
Feb 20193,26450.852.79$9,114
Jan 20193,29146.033.23$10,624
Dec 20184,64146.594.19$19,425
Nov 20184,58952.934.24$19,445
Oct 20184,73161.443.40$16,076
Sep 20184,61359.543.11$14,337
Aug 20184,78859.403.07$14,683
Jul 20184,49065.142.93$13,164
Jun 20183,75860.183.08$11,563
May 20184,11865.382.90$11,945
Apr 20184,27363.842.90$12,395
Mar 20184,35961.222.79$12,148
Feb 20183,85261.782.77$10,655
Jan 20184,18762.874.01$16,787
Dec 20174,59357.272.92$13,419
Nov 20174,37655.423.12$13,646
Oct 20175,22649.292.98$15,593
Sep 20174,75547.523.09$14,680
Aug 20175,21545.373.00$15,668
Jul 20175,90743.873.09$18,237
Jun 20175,92342.493.09$18,286
May 20176,80845.373.26$22,217
Apr 20176,23647.933.21$20,028
Mar 20176,52046.772.98$19,454
Feb 20176,42150.452.95$18,959
Jan 20177,84249.413.42$26,810
Dec 20168,01548.763.72$29,838
Nov 20167,62142.492.64$20,153
Oct 20167,42746.193.09$22,951
Sep 20167,22541.553.10$22,402
Aug 20166,03441.442.92$17,645
Jul 20166,94341.622.92$20,304
Jun 20168,21845.352.69$22,072
May 20166,72742.521.99$13,394
Apr 20167,01936.561.99$13,975
Mar 20166,93233.011.79$12,436
Feb 20167,25426.472.06$14,970
Jan 20166,96427.352.36$16,465
Dec 20155,96532.362.00$11,938
Nov 20156,34138.792.17$13,743
Oct 20156,74343.552.43$16,362
Sep 20156,42042.992.76$17,709
Aug 20157,60840.162.87$21,854
Jul 20157,58848.152.95$22,347
Jun 20157,58456.152.88$21,864
May 20157,22055.212.96$21,338
Apr 20156,63449.822.71$17,955
Mar 20157,27542.892.93$21,350
Feb 20156,65744.662.98$19,813
Jan 20157,51343.433.10$23,295
Dec 20147,73254.693.59$27,768
Nov 20147,86670.464.25$33,445
Oct 20148,32778.303.90$32,483
Sep 20147,97386.164.05$32,254
Aug 20148,32289.394.04$33,580
Jul 20148,58096.564.18$35,861
Jun 20148,61298.164.74$40,794
May 20149,24294.734.73$43,683
Apr 20149,16395.944.81$44,066
Mar 20149,61395.895.06$48,611
Feb 20149,10297.406.19$56,360
Jan 20149,48290.404.86$46,089
Dec 20139,50691.824.35$41,394
Nov 20138,84688.853.74$33,069
Oct 20139,17897.423.78$34,687
Sep 20138,813104.113.72$32,764
Aug 20139,836104.253.52$34,648
Jul 201310,074102.523.72$37,453
Jun 20139,19694.403.93$36,172
May 20139,89794.834.15$41,063
Apr 20139,36093.964.28$40,085
Mar 201310,31593.623.91$40,361
Feb 20139,46091.233.42$32,352
Jan 201310,82791.603.42$37,027
Dec 201210,75586.773.42$36,784
Nov 201210,87186.953.62$39,407
Oct 201211,15889.383.40$37,934
Sep 201210,68494.672.92$31,180
Aug 201211,24492.662.91$32,699
Jul 201211,64385.133.02$35,171
Jun 201212,05079.822.52$30,354
May 201215,00491.612.49$37,335
Apr 201213,846101.652.00$27,648
Mar 201215,403105.052.22$34,227
Feb 201214,729101.102.57$37,857
Jan 201215,09498.092.73$41,268
Dec 201115,85696.873.24$51,369
Nov 201115,72095.723.31$52,053
Oct 201116,48884.983.65$60,157
Sep 201116,49683.623.99$65,750
Aug 201116,81983.404.15$69,787
Jul 201117,91394.144.52$80,917
Jun 20118,44192.904.64$39,165
May 201114,29398.134.40$62,958
Apr 201111,175105.964.33$48,424
Mar 201117,15196.364.06$69,587
Feb 201120,16685.644.18$84,293
Jan 201126,72586.504.59$122,635
Dec 201030,64785.734.35$133,245
Nov 201034,21280.843.80$129,846
Oct 201040,50978.103.51$142,142
Sep 201047,14972.633.98$187,628
Aug 201059,72373.684.42$263,937
Jul 201039,65772.554.74$187,835

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                2,839 Mcf  × $  3.05 =     $8,647

────────────────────────────────────────────────────
Month total                                   $8,647

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/257839 is the state's own key, not one this site invented.