HAND, MAIREAD

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 258171District 09Field 65280200GasSaveExport
Value, all time
$6.5 M
Jul 2010 – May 2026
Value, last 12 filed months
$119 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
GasProduction1,789,816 Mcf$6,462,352
Total$6,462,352

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 2026776106.413.05$2,364
Apr 202645798.932.87$1,311
Mar 202657889.753.15$1,820
Feb 2026063.503.75$0
Jan 20261,76659.138.00$14,124
Dec 20253,60456.664.41$15,906
Nov 20253,86758.593.93$15,184
Oct 20254,11159.383.30$13,586
Sep 20253,91362.743.08$12,040
Aug 20254,42763.933.01$13,346
Jul 20254,60366.743.32$15,260
Jun 20254,64666.483.13$14,536
May 20254,50260.553.23$14,552
Apr 20253,86762.363.54$13,701
Mar 20254,40467.704.27$18,798
Feb 20253,91870.884.34$17,007
Jan 20254,84974.324.28$20,747
Dec 20244,81868.993.12$15,039
Nov 20244,82669.052.20$10,610
Oct 20244,53471.372.28$10,344
Sep 20244,57869.612.36$10,824
Aug 20244,87975.632.06$10,068
Jul 20244,75479.932.15$10,205
Jun 20244,26178.082.63$11,223
May 20241,24678.812.20$2,739
Apr 20244,67884.451.66$7,762
Mar 20244,46780.301.55$6,902
Feb 20244,42176.091.78$7,885
Jan 20243,52373.023.30$11,618
Dec 20234,17571.262.61$10,900
Nov 20233,96777.892.81$11,138
Oct 20234,65485.443.09$14,368
Sep 20234,83389.042.74$13,218
Aug 20234,82180.522.67$12,886
Jul 20234,90674.852.64$12,961
Jun 20235,17868.962.26$11,694
May 20235,39870.622.23$12,024
Apr 20235,65778.122.24$12,659
Mar 20235,78472.852.39$13,842
Feb 20234,44875.112.47$10,967
Jan 20235,63776.533.39$19,097
Dec 20225,80876.415.73$33,275
Nov 20225,80385.005.65$32,765
Oct 20226,33587.185.86$37,147
Sep 20226,06784.888.16$49,529
Aug 20225,89194.529.13$53,768
Jul 20221,227101.587.54$9,254
Jun 20225,964115.097.98$47,576
May 20226,341109.378.43$53,474
Apr 20226,367104.226.84$43,535
Mar 20226,711108.885.08$34,068
Feb 20225,95391.054.86$28,925
Jan 20226,55381.844.54$29,735
Dec 20215,67171.323.90$22,112
Nov 20216,26977.435.24$32,830
Oct 20216,06979.795.71$34,677
Sep 20216,35669.865.35$34,010
Aug 20216,27166.024.22$26,467
Jul 20217,08570.783.98$28,213
Jun 20214,88369.493.38$16,508
May 20215,05663.483.02$15,257
Apr 20212,85160.362.76$7,864
Mar 20211,79861.302.72$4,885
Feb 20212,61457.805.55$14,502
Jan 20215,80050.412.81$16,300
Dec 20205,41244.642.68$14,480
Nov 20204,92838.772.71$13,338
Oct 20204,87436.972.48$12,080
Sep 20204,70437.091.99$9,366
Aug 20205,78239.982.39$13,791
Jul 20202,94538.371.83$5,375
Jun 20204,95434.901.69$8,374
May 20205,16116.921.81$9,366
Apr 20205,87314.751.80$10,597
Mar 20206,00630.341.86$11,149
Feb 20205,54149.881.98$10,975
Jan 20206,07257.252.09$12,719
Dec 20196,30059.012.30$14,517
Nov 20195,84155.302.75$16,067
Oct 20196,80553.472.42$16,458
Sep 20196,89655.052.66$18,325
Aug 20196,12453.112.30$14,112
Jul 20198,04456.272.46$19,789
Jun 20198,55252.782.49$21,305
May 20195,33558.482.74$14,620
Apr 201923862.632.75$655
Mar 20196,66156.803.06$20,397
Feb 20195,15950.852.79$14,405
Jan 20197,09046.033.23$22,888
Dec 20185,91146.594.19$24,740
Nov 20186,99852.934.24$29,652
Oct 20186,56961.443.40$22,322
Sep 20187,58259.543.11$23,565
Aug 20187,28159.403.07$22,328
Jul 20187,01665.142.93$20,570
Jun 20186,91060.183.08$21,262
May 20182,33965.382.90$6,785
Apr 20188,46763.842.90$24,561
Mar 20189,88961.222.79$27,559
Feb 20188,87361.782.77$24,544
Jan 20189,39962.874.01$37,684
Dec 20179,61757.272.92$28,096
Nov 20179,58255.423.12$29,880
Oct 20179,42949.292.98$28,133
Sep 20176,71847.523.09$20,740
Aug 20172,00745.373.00$6,030
Jul 201789243.873.09$2,754
Jun 201796542.493.09$2,979
May 20171,62545.373.26$5,303
Apr 20178,77147.933.21$28,169
Mar 20179,35946.772.98$27,924
Feb 20178,56950.452.95$25,301
Jan 20179,51549.413.42$32,530
Dec 20169,99348.763.72$37,202
Nov 20169,98542.492.64$26,404
Oct 201610,86446.193.09$33,573
Sep 20169,79341.553.10$30,364
Aug 201610,66141.442.92$31,176
Jul 201611,50641.622.92$33,647
Jun 20167,97445.352.69$21,417
May 20169,45142.521.99$18,817
Apr 201611,05736.561.99$22,015
Mar 201610,43133.011.79$18,713
Feb 20167,31226.472.06$15,089
Jan 20161,58127.352.36$3,738
Dec 20156,13232.362.00$12,273
Nov 20153,37838.792.17$7,321
Oct 20151,57443.552.43$3,819
Sep 20152,17942.992.76$6,011
Aug 20151,66040.162.87$4,768
Jul 20151,80048.152.95$5,301
Jun 201579656.152.88$2,295
May 20152,41955.212.96$7,149
Apr 20157,29849.822.71$19,753
Mar 20157,84442.892.93$23,020
Feb 20157,88444.662.98$23,464
Jan 20158,84643.433.10$27,428
Dec 20148,92454.693.59$32,049
Nov 20149,18270.464.25$39,040
Oct 20149,14178.303.90$35,659
Sep 20149,25986.164.05$37,457
Aug 20149,66689.394.04$39,003
Jul 20149,32996.564.18$38,991
Jun 20148,89398.164.74$42,125
May 201410,33994.734.73$48,868
Apr 201410,63795.944.81$51,155
Mar 201411,34395.895.06$57,359
Feb 201410,68897.406.19$66,180
Jan 201412,05990.404.86$58,615
Dec 201312,15791.824.35$52,937
Nov 201311,34888.853.74$42,422
Oct 201310,38397.423.78$39,241
Sep 201311,367104.113.72$42,260
Aug 201311,457104.253.52$40,359
Jul 201311,951102.523.72$44,431
Jun 201311,40394.403.93$44,853
May 201312,07194.834.15$50,084
Apr 201312,39593.964.28$53,083
Mar 201313,40393.623.91$52,444
Feb 201312,79491.233.42$43,754
Jan 201314,32891.603.42$49,000
Dec 201214,97686.773.42$51,220
Nov 201215,08086.953.62$54,664
Oct 201216,21289.383.40$55,116
Sep 201215,70694.672.92$45,836
Aug 201216,88392.662.91$49,098
Jul 201218,06585.133.02$54,571
Jun 201217,18979.822.52$43,300
May 201218,08691.612.49$45,004
Apr 201217,922101.652.00$35,787
Mar 201220,469105.052.22$45,484
Feb 201218,846101.102.57$48,439
Jan 201220,55498.092.73$56,196
Dec 201120,63796.873.24$66,859
Nov 201121,31595.723.31$70,580
Oct 201122,59384.983.65$82,431
Sep 201121,76183.623.99$86,735
Aug 201122,14183.404.15$91,870
Jul 201124,53594.144.52$110,830
Jun 201125,16392.904.64$116,753
May 201126,38198.134.40$116,204
Apr 201124,110105.964.33$104,475
Mar 201131,56296.364.06$128,058
Feb 201133,05985.644.18$138,186
Jan 201142,16886.504.59$193,500
Dec 201046,05385.734.35$200,227
Nov 201041,58880.843.80$157,840
Oct 201029,29378.103.51$102,786
Sep 201044,11772.633.98$175,562
Aug 201069,33173.684.42$306,399
Jul 201013,03272.554.74$61,726

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                  776 Mcf  × $  3.05 =     $2,364

────────────────────────────────────────────────────
Month total                                   $2,364

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/258171 is the state's own key, not one this site invented.