BOYD, BILLY

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 260346District 09Field 65280200GasSaveExport
Value, all time
$5.5 M
Dec 2010 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
186
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
GasProduction1,576,692 Mcf$5,527,170
Total$5,527,170

Every month this lease reported (186)

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

186 months

May 20263,277106.413.05$9,981
Apr 20263,28198.932.87$9,416
Mar 20263,26289.753.15$10,273
Feb 20263,01163.503.75$11,292
Jan 20262,96459.138.00$23,706
Dec 20253,26856.664.41$14,423
Nov 20253,18558.593.93$12,506
Oct 20253,43359.383.30$11,346
Sep 20253,23762.743.08$9,960
Aug 20253,32863.933.01$10,033
Jul 20253,41466.743.32$11,318
Jun 20253,36366.483.13$10,522
May 20253,69060.553.23$11,927
Apr 20253,54762.363.54$12,567
Mar 20253,78467.704.27$16,151
Feb 20253,22770.884.34$14,008
Jan 20253,80174.324.28$16,263
Dec 20243,84468.993.12$11,999
Nov 20243,64669.052.20$8,016
Oct 20243,70871.372.28$8,459
Sep 20243,56269.612.36$8,422
Aug 20243,77875.632.06$7,796
Jul 20243,75579.932.15$8,060
Jun 20243,68278.082.63$9,698
May 20243,60578.812.20$7,925
Apr 20243,60784.451.66$5,985
Mar 20243,87980.301.55$5,994
Feb 20243,70876.091.78$6,614
Jan 20243,46373.023.30$11,420
Dec 20233,99871.262.61$10,438
Nov 20233,70077.892.81$10,388
Oct 20234,00485.443.09$12,361
Sep 20233,65889.042.74$10,005
Aug 20233,79180.522.67$10,133
Jul 20234,08174.852.64$10,781
Jun 20233,76168.962.26$8,494
May 20234,14670.622.23$9,235
Apr 20234,03578.122.24$9,029
Mar 20234,32272.852.39$10,343
Feb 20233,65275.112.47$9,005
Jan 20234,41076.533.39$14,940
Dec 20224,52776.415.73$25,936
Nov 20224,21685.005.65$23,804
Oct 20224,66687.185.86$27,360
Sep 20224,58484.888.16$37,422
Aug 20224,83894.529.13$44,157
Jul 20224,694101.587.54$35,403
Jun 20224,786115.097.98$38,179
May 20225,165109.378.43$43,557
Apr 20224,403104.226.84$30,106
Mar 20224,859108.885.08$24,666
Feb 20223,71091.054.86$18,026
Jan 20224,86581.844.54$22,076
Dec 20215,18871.323.90$20,229
Nov 20215,48577.435.24$28,724
Oct 20215,75979.795.71$32,906
Sep 20215,97669.865.35$31,977
Aug 20216,17366.024.22$26,054
Jul 20216,03370.783.98$24,024
Jun 20215,22369.493.38$17,657
May 20215,12163.483.02$15,453
Apr 20215,23260.362.76$14,432
Mar 20215,30061.302.72$14,400
Feb 20214,53257.805.55$25,143
Jan 20215,64550.412.81$15,864
Dec 20205,94544.642.68$15,906
Nov 20205,71438.772.71$15,465
Oct 20206,08336.972.48$15,076
Sep 20205,70437.091.99$11,357
Aug 20206,08439.982.39$14,511
Jul 20206,11638.371.83$11,162
Jun 20205,64434.901.69$9,540
May 20205,78516.921.81$10,498
Apr 20205,65114.751.80$10,197
Mar 20205,53930.341.86$10,282
Feb 20203,79649.881.98$7,519
Jan 20206,24157.252.09$13,073
Dec 20196,90059.012.30$15,900
Nov 20197,04755.302.75$19,384
Oct 20194,09053.472.42$9,892
Sep 20194,82055.052.66$12,808
Aug 20196,54853.112.30$15,089
Jul 20196,74756.272.46$16,598
Jun 20195,43252.782.49$13,532
May 20195,37358.482.74$14,724
Apr 20194,66562.632.75$12,832
Mar 20197,07256.803.06$21,655
Feb 20196,42550.852.79$17,940
Jan 20197,29846.033.23$23,559
Dec 20187,14446.594.19$29,901
Nov 20187,36152.934.24$31,190
Oct 20187,84961.443.40$26,672
Sep 20187,57259.543.11$23,534
Aug 20187,38159.403.07$22,634
Jul 20187,87965.142.93$23,100
Jun 20187,52360.183.08$23,148
May 20187,95865.382.90$23,085
Apr 20188,33063.842.90$24,164
Mar 20186,49961.222.79$18,112
Feb 20186,85361.782.77$18,956
Jan 20187,78362.874.01$31,205
Dec 20178,36157.272.92$24,427
Nov 20178,59255.423.12$26,793
Oct 20178,83949.292.98$26,373
Sep 20178,92947.523.09$27,566
Aug 20177,20445.373.00$21,644
Jul 20176,87143.873.09$21,213
Jun 20176,74142.493.09$20,811
May 20177,33545.373.26$23,937
Apr 20177,33247.933.21$23,547
Mar 20177,66246.772.98$22,861
Feb 20176,91150.452.95$20,405
Jan 20177,67449.413.42$26,236
Dec 20167,83648.763.72$29,172
Nov 20167,80342.492.64$20,634
Oct 20167,99746.193.09$24,713
Sep 20167,88841.553.10$24,458
Aug 20168,01841.442.92$23,447
Jul 20168,10541.622.92$23,702
Jun 20167,95645.352.69$21,368
May 20168,37342.521.99$16,671
Apr 20168,11436.561.99$16,155
Mar 20168,60533.011.79$15,437
Feb 20168,01226.472.06$16,534
Jan 20168,55727.352.36$20,232
Dec 20158,61632.362.00$17,244
Nov 20158,12938.792.17$17,618
Oct 20158,54943.552.43$20,745
Sep 20158,35142.992.76$23,036
Aug 20158,77340.162.87$25,200
Jul 20158,84648.152.95$26,052
Jun 20158,69256.152.88$25,058
May 20159,26155.212.96$27,370
Apr 20158,48949.822.71$22,976
Mar 20159,17942.892.93$26,938
Feb 20158,35644.662.98$24,869
Jan 20159,32943.433.10$28,926
Dec 20149,66454.693.59$34,707
Nov 20149,52270.464.25$40,486
Oct 201410,09078.303.90$39,361
Sep 20149,88986.164.05$40,005
Aug 201410,34989.394.04$41,759
Jul 201410,37196.564.18$43,347
Jun 201410,07098.164.74$47,700
May 201410,51394.734.73$49,690
Apr 201410,40495.944.81$50,034
Mar 201410,88195.895.06$55,023
Feb 201410,44997.406.19$64,700
Jan 201411,35490.404.86$55,189
Dec 201311,61591.824.35$50,577
Nov 201311,77088.853.74$44,000
Oct 201312,50697.423.78$47,265
Sep 201312,102104.113.72$44,992
Aug 201311,917104.253.52$41,979
Jul 201312,624102.523.72$46,933
Jun 201312,98194.403.93$51,060
May 201314,30694.834.15$59,357
Apr 201313,54293.964.28$57,995
Mar 201313,80993.623.91$54,033
Feb 201312,75191.233.42$43,607
Jan 201314,50391.603.42$49,599
Dec 201214,56686.773.42$49,818
Nov 201214,16386.953.62$51,340
Oct 201214,58289.383.40$49,574
Sep 201214,44594.672.92$42,156
Aug 201215,47092.662.91$44,989
Jul 201215,92485.133.02$48,103
Jun 201215,70479.822.52$39,559
May 201216,27191.612.49$40,487
Apr 201216,159101.652.00$32,266
Mar 201217,045105.052.22$37,875
Feb 201217,113101.102.57$43,985
Jan 201219,21898.092.73$52,544
Dec 201119,85696.873.24$64,328
Nov 201119,76895.723.31$65,457
Oct 201119,14184.983.65$69,837
Sep 201115,69183.623.99$62,541
Aug 201118,32383.404.15$76,028
Jul 201120,67394.144.52$93,385
Jun 201123,85092.904.64$110,661
May 201127,39498.134.40$120,666
Apr 201126,736105.964.33$115,855
Mar 201132,18996.364.06$130,602
Feb 201134,15785.644.18$142,776
Jan 201146,47786.504.59$213,273
Dec 20108,81285.734.35$38,312

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                3,277 Mcf  × $  3.05 =     $9,981

────────────────────────────────────────────────────
Month total                                   $9,981

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/260346 is the state's own key, not one this site invented.