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 260731District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Feb 2011 – May 2026
Value, last 12 filed months
$314
at the published price for each month
Months reported
184
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition15 bbl$1,074
GasProduction1,264,193 Mcf$4,729,777
Total$4,730,851

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20255062.743.08$314
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024127878.082.63$810
May 202404278.812.20$92
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023167271.262.61$1,826
Nov 2023477577.892.81$2,487
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20232080.522.67$161
Jul 20230074.852.64$0
Jun 20232068.962.26$138
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023074172.852.39$1,773
Feb 2023083775.112.47$2,064
Jan 20230076.533.39$0
Dec 202206676.415.73$378
Nov 2022013485.005.65$757
Oct 2022058687.185.86$3,436
Sep 2022023384.888.16$1,902
Aug 202207594.529.13$685
Jul 202200101.587.54$0
Jun 20220166115.097.98$1,324
May 2022041109.378.43$346
Apr 2022019104.226.84$130
Mar 20220377108.885.08$1,914
Feb 202205891.054.86$282
Jan 20220081.844.54$0
Dec 202107371.323.90$285
Nov 2021090577.435.24$4,739
Oct 2021041779.795.71$2,383
Sep 202101,45569.865.35$7,786
Aug 202101,62966.024.22$6,875
Jul 2021066770.783.98$2,656
Jun 2021080669.493.38$2,725
May 202103,31763.483.02$10,010
Apr 202102,50360.362.76$6,904
Mar 202103761.302.72$101
Feb 202105057.805.55$277
Jan 202104150.412.81$115
Dec 202005044.642.68$134
Nov 2020019138.772.71$517
Oct 2020019436.972.48$481
Sep 202005337.091.99$106
Aug 2020062039.982.39$1,479
Jul 2020010838.371.83$197
Jun 2020044034.901.69$744
May 2020014516.921.81$263
Apr 202002814.751.80$51
Mar 2020055530.341.86$1,030
Feb 202001,40249.881.98$2,777
Jan 202002,62057.252.09$5,488
Dec 201909,08259.012.30$20,928
Nov 201902,96555.302.75$8,156
Oct 201904,28853.472.42$10,371
Sep 201903,44755.052.66$9,160
Aug 2019012,32353.112.30$28,397
Jul 201901,45156.272.46$3,570
Jun 2019035352.782.49$879
May 2019019258.482.74$526
Apr 201909062.632.75$248
Mar 2019080456.803.06$2,462
Feb 201907,24950.852.79$20,241
Jan 2019026146.033.23$843
Dec 201801,14846.594.19$4,805
Nov 2018049852.934.24$2,110
Oct 201801,78461.443.40$6,062
Sep 201801,93559.543.11$6,014
Aug 201803,12959.403.07$9,595
Jul 201803,11465.142.93$9,130
Jun 201803,81260.183.08$11,729
May 201803,91365.382.90$11,351
Apr 201803,36663.842.90$9,764
Mar 201803,02061.222.79$8,416
Feb 201803,79161.782.77$10,486
Jan 201805,17062.874.01$20,728
Dec 201705,38857.272.92$15,741
Nov 201705,82355.423.12$18,158
Oct 201701,25949.292.98$3,756
Sep 201701,89847.523.09$5,860
Aug 201704,87745.373.00$14,652
Jul 201705,59243.873.09$17,264
Jun 201704,15742.493.09$12,834
May 201705145.373.26$166
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201602,58246.193.09$7,979
Sep 201602,13741.553.10$6,626
Aug 201602,61941.442.92$7,659
Jul 201603,41241.622.92$9,978
Jun 201603,44945.352.69$9,263
May 201603,99942.521.99$7,962
Apr 201602,99036.561.99$5,953
Mar 201603,30933.011.79$5,936
Feb 201603,26626.472.06$6,740
Jan 201604,42927.352.36$10,472
Dec 201504,86632.362.00$9,739
Nov 201504,59738.792.17$9,963
Oct 201503,98843.552.43$9,677
Sep 201503,69242.992.76$10,184
Aug 201503,75840.162.87$10,795
Jul 201502,70548.152.95$7,966
Jun 201502,28756.152.88$6,593
May 201506,22955.212.96$18,410
Apr 201509,22049.822.71$24,955
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014054570.464.25$2,317
Oct 201402,90978.303.90$11,348
Sep 2014080786.164.05$3,265
Aug 201402,89289.394.04$11,670
Jul 201402,18396.564.18$9,124
Jun 2014020,89898.164.74$98,991
May 2014020,49394.734.73$96,861
Apr 2014019,08895.944.81$91,796
Mar 2014018,60695.895.06$94,087
Feb 2014016,18997.406.19$100,242
Jan 2014016,77690.404.86$81,543
Dec 2013013,82991.824.35$60,218
Nov 2013023,83488.853.74$89,098
Oct 2013027,26097.423.78$103,025
Sep 2013026,589104.113.72$98,851
Aug 2013020,787104.253.52$73,224
Jul 2013022,643102.523.72$84,181
Jun 2013024,74394.403.93$97,324
May 2013025,03194.834.15$103,856
Apr 2013012,91293.964.28$55,297
Mar 201305,66193.623.91$22,151
Feb 2013015,26091.233.42$52,188
Jan 2013033,15491.603.42$113,384
Dec 2012031,18686.773.42$106,661
Nov 201205,99486.953.62$21,728
Oct 201203,29189.383.40$11,188
Sep 2012014294.672.92$414
Aug 2012011,51192.662.91$33,476
Jul 2012026,31685.133.02$79,495
Jun 201206,67879.822.52$16,822
May 2012024291.612.49$602
Apr 201205,135101.652.00$10,254
Mar 2012011,252105.052.22$25,003
Feb 2012033,437101.102.57$85,941
Jan 2012039,78798.092.73$108,781
Dec 2011036,65796.873.24$118,759
Nov 2011013,70095.723.31$45,365
Oct 2011034,94684.983.65$127,502
Sep 2011045,57283.623.99$181,641
Aug 2011046,63083.404.15$193,483
Jul 2011037,43694.144.52$169,107
Jun 2011038,02492.904.64$176,427
May 2011042,77698.134.40$188,421
Apr 2011057,865105.964.33$250,745
Mar 2011092,20696.364.06$374,111
Feb 2011067,15185.644.18$280,690

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.

Sep 2025 — as filed, then multipliedworked
Condensate             5 bbl  × $ 62.74 =       $314
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $314

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/260731 is the state's own key, not one this site invented.