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 260846District 09Field 65280200GasSaveExport
Value, all time
$3.9 M
Dec 2010 – May 2026
Value, last 12 filed months
$76 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
GasProduction1,096,723 Mcf$3,898,659
Total$3,898,659

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 20261,666106.413.05$5,074
Apr 20261,64098.932.87$4,706
Mar 20261,81689.753.15$5,719
Feb 20261,57963.503.75$5,922
Jan 20261,68059.138.00$13,437
Dec 20251,79256.664.41$7,909
Nov 20251,66058.593.93$6,518
Oct 20251,85259.383.30$6,121
Sep 20251,57362.743.08$4,840
Aug 20251,74763.933.01$5,267
Jul 20251,65666.743.32$5,490
Jun 20251,58266.483.13$4,950
May 20251,84360.553.23$5,957
Apr 20251,67162.363.54$5,921
Mar 20251,75667.704.27$7,495
Feb 20251,58470.884.34$6,876
Jan 20251,90674.324.28$8,155
Dec 20241,87868.993.12$5,862
Nov 20241,88369.052.20$4,140
Oct 20241,75971.372.28$4,013
Sep 20241,76069.612.36$4,161
Aug 20241,72775.632.06$3,564
Jul 20241,68179.932.15$3,608
Jun 20241,52078.082.63$4,004
May 20241,60878.812.20$3,535
Apr 20241,67584.451.66$2,779
Mar 20241,80880.301.55$2,794
Feb 20241,76376.091.78$3,145
Jan 20241,80473.023.30$5,949
Dec 20231,86371.262.61$4,864
Nov 20231,84877.892.81$5,188
Oct 20231,91885.443.09$5,921
Sep 20231,82289.042.74$4,983
Aug 20231,93280.522.67$5,164
Jul 20231,91874.852.64$5,067
Jun 20232,00568.962.26$4,528
May 20231,98870.622.23$4,428
Apr 20232,14678.122.24$4,802
Mar 20232,21972.852.39$5,310
Feb 20232,08375.112.47$5,136
Jan 20232,44076.533.39$8,266
Dec 20222,15776.415.73$12,358
Nov 20222,27685.005.65$12,851
Oct 20222,33287.185.86$13,674
Sep 20222,29684.888.16$18,744
Aug 20222,38394.529.13$21,750
Jul 20222,292101.587.54$17,286
Jun 20222,201115.097.98$17,558
May 20222,401109.378.43$20,248
Apr 20222,385104.226.84$16,308
Mar 20222,517108.885.08$12,777
Feb 20222,02491.054.86$9,834
Jan 20222,47781.844.54$11,240
Dec 20212,37071.323.90$9,241
Nov 20212,18177.435.24$11,422
Oct 20212,29479.795.71$13,108
Sep 20212,26169.865.35$12,098
Aug 20212,33266.024.22$9,842
Jul 20212,47470.783.98$9,852
Jun 20212,49469.493.38$8,431
May 20212,61563.483.02$7,891
Apr 20212,38160.362.76$6,568
Mar 20213,35161.302.72$9,104
Feb 20212,26857.805.55$12,583
Jan 20213,10750.412.81$8,732
Dec 20203,15344.642.68$8,436
Nov 20203,06838.772.71$8,304
Oct 20203,20336.972.48$7,938
Sep 20203,01337.091.99$5,999
Aug 20203,25339.982.39$7,759
Jul 20203,20938.371.83$5,857
Jun 20203,02834.901.69$5,118
May 20202,98616.921.81$5,419
Apr 20202,97614.751.80$5,370
Mar 20202,63130.341.86$4,884
Feb 20202,52949.881.98$5,009
Jan 20203,26357.252.09$6,835
Dec 20193,57659.012.30$8,240
Nov 20193,52555.302.75$9,696
Oct 20193,69353.472.42$8,932
Sep 20193,61055.052.66$9,593
Aug 20193,71953.112.30$8,570
Jul 20193,08356.272.46$7,584
Jun 20192,78552.782.49$6,938
May 20193,58258.482.74$9,816
Apr 20193,73762.632.75$10,279
Mar 20192,58656.803.06$7,919
Feb 20192,96550.852.79$8,279
Jan 20193,35546.033.23$10,831
Dec 20183,39546.594.19$14,210
Nov 20182,87752.934.24$12,191
Oct 20182,89861.443.40$9,848
Sep 20182,64759.543.11$8,227
Aug 20182,74959.403.07$8,430
Jul 20182,64065.142.93$7,740
Jun 20182,75860.183.08$8,486
May 20183,46865.382.90$10,060
Apr 20183,05363.842.90$8,856
Mar 20183,07561.222.79$8,570
Feb 20183,41061.782.77$9,432
Jan 20183,84962.874.01$15,432
Dec 20174,12657.272.92$12,054
Nov 20173,59655.423.12$11,214
Oct 20174,47149.292.98$13,340
Sep 20174,17647.523.09$12,892
Aug 20174,76245.373.00$14,307
Jul 20175,28843.873.09$16,326
Jun 20175,33742.493.09$16,477
May 20175,46545.373.26$17,834
Apr 20175,47347.933.21$17,577
Mar 20175,69546.772.98$16,992
Feb 20175,40450.452.95$15,956
Jan 20175,46749.413.42$18,691
Dec 20165,53148.763.72$20,591
Nov 20165,61942.492.64$14,859
Oct 20165,88646.193.09$18,189
Sep 20165,63641.553.10$17,475
Aug 20165,87841.442.92$17,189
Jul 20165,89741.622.92$17,245
Jun 20166,15645.352.69$16,534
May 20166,24642.521.99$12,436
Apr 20166,55836.561.99$13,057
Mar 20166,20333.011.79$11,128
Feb 20165,40826.472.06$11,160
Jan 20165,80027.352.36$13,713
Dec 20156,00032.362.00$12,008
Nov 20155,79838.792.17$12,566
Oct 20155,91343.552.43$14,348
Sep 20155,91742.992.76$16,322
Aug 20156,94140.162.87$19,938
Jul 20156,48148.152.95$19,087
Jun 20156,56156.152.88$18,914
May 20156,62455.212.96$19,577
Apr 20156,67949.822.71$18,077
Mar 20157,12642.892.93$20,913
Feb 20156,10344.662.98$18,164
Jan 20157,26043.433.10$22,511
Dec 20147,90354.693.59$28,383
Nov 20148,01870.464.25$34,091
Oct 20148,68678.303.90$33,884
Sep 20148,79686.164.05$35,584
Aug 20149,29389.394.04$37,498
Jul 20149,24296.564.18$38,628
Jun 20149,11098.164.74$43,153
May 20149,83594.734.73$46,486
Apr 20149,60095.944.81$46,168
Mar 20149,62195.895.06$48,651
Feb 20148,51897.406.19$52,743
Jan 20149,13490.404.86$44,398
Dec 20135,94691.824.35$25,892
Nov 20136,26888.853.74$23,432
Oct 20136,10797.423.78$23,081
Sep 2013474104.113.72$1,762
Aug 20137,899104.253.52$27,825
Jul 20138,937102.523.72$33,225
Jun 20139,01094.403.93$35,440
May 201311,26094.834.15$46,719
Apr 201320193.964.28$861
Mar 20137,10793.623.91$27,809
Feb 20138,95691.233.42$30,629
Jan 201311,51691.603.42$39,384
Dec 201212,26886.773.42$41,959
Nov 201211,82786.953.62$42,872
Oct 201212,26889.383.40$41,707
Sep 201211,96594.672.92$34,919
Aug 201213,27792.662.91$38,612
Jul 201215,04685.133.02$45,451
Jun 201213,36179.822.52$33,657
May 201212,59591.612.49$31,340
Apr 201212,799101.652.00$25,557
Mar 201213,584105.052.22$30,185
Feb 201213,867101.102.57$35,642
Jan 201215,38098.092.73$42,050
Dec 201116,81696.873.24$54,479
Nov 201116,43795.723.31$54,428
Oct 20118,12484.983.65$29,641
Sep 20119,94683.623.99$39,643
Aug 201114,90383.404.15$61,837
Jul 201117,18094.144.52$77,606
Jun 201118,20692.904.64$84,474
May 201122,16098.134.40$97,611
Apr 201122,577105.964.33$97,832
Mar 201129,09696.364.06$118,052
Feb 201138,05885.644.18$159,082
Jan 201154,75186.504.59$251,240
Dec 201026,04785.734.35$113,246

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                1,666 Mcf  × $  3.05 =     $5,074

────────────────────────────────────────────────────
Month total                                   $5,074

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/260846 is the state's own key, not one this site invented.