FINCHER, CALVIN

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 260599District 09Field 65280200GasSaveExport
Value, all time
$9.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$290 k
at the published price for each month
Months reported
184
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
GasProduction2,698,290 Mcf$9,458,236
Total$9,458,236

Every month this lease reported (184)

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

184 months

May 20266,373106.413.05$19,411
Apr 20266,04698.932.87$17,350
Mar 20266,29689.753.15$19,829
Feb 20265,88363.503.75$22,063
Jan 20266,33459.138.00$50,659
Dec 20256,65456.664.41$29,367
Nov 20256,59558.593.93$25,895
Oct 20256,80459.383.30$22,486
Sep 20256,50862.743.08$20,025
Aug 20256,65363.933.01$20,057
Jul 20256,70866.743.32$22,238
Jun 20256,50366.483.13$20,346
May 20256,51460.553.23$21,055
Apr 20256,44762.363.54$22,842
Mar 20256,01867.704.27$25,687
Feb 20255,70270.884.34$24,751
Jan 20256,33474.324.28$27,101
Dec 20246,54168.993.12$20,417
Nov 20246,51669.052.20$14,325
Oct 20247,19571.372.28$16,415
Sep 20246,62269.612.36$15,657
Aug 20246,77175.632.06$13,973
Jul 20246,88779.932.15$14,784
Jun 20246,68478.082.63$17,606
May 20246,59978.812.20$14,508
Apr 20246,15484.451.66$10,211
Mar 20246,86280.301.55$10,603
Feb 20246,53576.091.78$11,656
Jan 20247,60773.023.30$25,085
Dec 20237,67571.262.61$20,037
Nov 20237,24277.892.81$20,332
Oct 20237,25485.443.09$22,395
Sep 20237,18689.042.74$19,654
Aug 20238,02180.522.67$21,439
Jul 20238,05874.852.64$21,288
Jun 20238,13368.962.26$18,368
May 20238,66170.622.23$19,292
Apr 20238,07078.122.24$18,059
Mar 20238,56872.852.39$20,505
Feb 20237,00975.112.47$17,282
Jan 20238,25476.533.39$27,962
Dec 20225,67076.415.73$32,484
Nov 20228,27885.005.65$46,739
Oct 20229,05187.185.86$53,073
Sep 20228,85184.888.16$72,257
Aug 20229,20994.529.13$84,052
Jul 20229,139101.587.54$68,927
Jun 20228,929115.097.98$71,228
May 20229,355109.378.43$78,891
Apr 20229,218104.226.84$63,029
Mar 20229,487108.885.08$48,160
Feb 20228,78391.054.86$42,675
Jan 20229,55481.844.54$43,353
Dec 20219,60371.323.90$37,443
Nov 20218,91577.435.24$46,687
Oct 202110,00179.795.71$57,144
Sep 20219,60969.865.35$51,417
Aug 20219,42566.024.22$39,779
Jul 20219,69270.783.98$38,594
Jun 20219,59569.493.38$32,437
May 20219,84863.483.02$29,718
Apr 20219,04660.362.76$24,953
Mar 20217,02361.302.72$19,081
Feb 20215,33857.805.55$29,615
Jan 20217,99650.412.81$22,471
Dec 20208,30044.642.68$22,206
Nov 20209,43738.772.71$25,542
Oct 202010,49836.972.48$26,019
Sep 20208,84237.091.99$17,605
Aug 20206,11239.982.39$14,578
Jul 20207,93938.371.83$14,490
Jun 202010,74234.901.69$18,157
May 202011,72016.921.81$21,269
Apr 202011,97114.751.80$21,600
Mar 202012,21030.341.86$22,665
Feb 202011,98049.881.98$23,728
Jan 202012,89857.252.09$27,018
Dec 201912,94159.012.30$29,821
Nov 201912,49755.302.75$34,376
Oct 201912,73253.472.42$30,793
Sep 201912,18355.052.66$32,374
Aug 20193,72053.112.30$8,572
Jul 201912,31356.272.46$30,291
Jun 20197,99252.782.49$19,910
May 20197,21958.482.74$19,782
Apr 20197,90962.632.75$21,755
Mar 201912,84856.803.06$39,342
Feb 20196,63650.852.79$18,529
Jan 201913,93346.033.23$44,978
Dec 201813,99346.594.19$58,567
Nov 201813,82952.934.24$58,597
Oct 201814,57461.443.40$49,524
Sep 201814,17359.543.11$44,050
Aug 201814,14059.403.07$43,361
Jul 201814,95865.142.93$43,855
Jun 201814,31960.183.08$44,058
May 201814,96565.382.90$43,410
Apr 201814,74863.842.90$42,781
Mar 201815,12661.222.79$42,154
Feb 201814,18561.782.77$39,237
Jan 201816,62762.874.01$66,663
Dec 201716,75057.272.92$48,935
Nov 201716,39555.423.12$51,126
Oct 201715,94649.292.98$47,578
Sep 201710,48847.523.09$32,379
Aug 201714,00845.373.00$42,086
Jul 201714,62643.873.09$45,155
Jun 201713,61242.493.09$42,024
May 201710,48345.373.26$34,210
Apr 20178,55847.933.21$27,485
Mar 20179,56846.772.98$28,548
Feb 20174,60250.452.95$13,588
Jan 20174,61849.413.42$15,788
Dec 20162,54248.763.72$9,463
Nov 201611,36542.492.64$30,053
Oct 201611,35746.193.09$35,096
Sep 20169,06641.553.10$28,110
Aug 201611,23641.442.92$32,858
Jul 201611,42441.622.92$33,408
Jun 201611,24845.352.69$30,210
May 201611,44042.521.99$22,778
Apr 201611,00536.561.99$21,911
Mar 201610,50533.011.79$18,846
Feb 201613,17526.472.06$27,188
Jan 201613,61327.352.36$32,186
Dec 201516,30132.362.00$32,625
Nov 201514,76538.792.17$32,001
Oct 201511,73743.552.43$28,481
Sep 201512,04842.992.76$33,233
Aug 201513,33940.162.87$38,316
Jul 201511,64848.152.95$34,304
Jun 201514,28356.152.88$41,176
May 201515,43555.212.96$45,617
Apr 201512,60949.822.71$34,127
Mar 201511,52442.892.93$33,820
Feb 20159,70544.662.98$28,884
Jan 201512,47443.433.10$38,677
Dec 201412,72554.693.59$45,700
Nov 201415,17570.464.25$64,522
Oct 201415,92878.303.90$62,134
Sep 201415,44586.164.05$62,482
Aug 201415,99789.394.04$64,550
Jul 201417,28696.564.18$72,249
Jun 201418,02798.164.74$85,392
May 201417,19894.734.73$81,287
Apr 201417,72595.944.81$85,242
Mar 201418,14895.895.06$91,771
Feb 201415,67797.406.19$97,072
Jan 201417,20790.404.86$83,638
Dec 201317,29391.824.35$75,302
Nov 201318,81988.853.74$70,351
Oct 201319,35297.423.78$73,138
Sep 201318,771104.113.72$69,786
Aug 201320,052104.253.52$70,635
Jul 201320,441102.523.72$75,994
Jun 201320,35694.403.93$80,068
May 201321,72094.834.15$90,118
Apr 201320,25293.964.28$86,731
Mar 201317,50293.623.91$68,483
Feb 201321,05491.233.42$72,003
Jan 201327,02891.603.42$92,433
Dec 201227,52386.773.42$94,133
Nov 201219,92386.953.62$72,220
Oct 201221,34389.383.40$72,559
Sep 201220,27194.672.92$59,159
Aug 201225,49792.662.91$74,149
Jul 201226,88785.133.02$81,220
Jun 201226,00979.822.52$65,518
May 201226,95291.612.49$67,065
Apr 201228,290101.652.00$56,489
Mar 201231,859105.052.22$70,793
Feb 201233,640101.102.57$86,463
Jan 201238,26798.092.73$104,625
Dec 201141,02296.873.24$132,901
Nov 201139,98795.723.31$132,408
Oct 201147,63884.983.65$173,809
Sep 201148,11183.623.99$191,761
Aug 201150,55583.404.15$209,769
Jul 201149,38894.144.52$223,097
Jun 201151,12792.904.64$237,223
May 201151,75298.134.40$227,958
Apr 201164,486105.964.33$279,436
Mar 201170,74496.364.06$287,032
Feb 201178,04385.644.18$326,218

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                6,373 Mcf  × $  3.05 =    $19,411

────────────────────────────────────────────────────
Month total                                  $19,411

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/260599 is the state's own key, not one this site invented.