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 260847District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$200 k
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
CondensateDisposition3 bbl$188
GasProduction1,518,240 Mcf$5,502,116
Total$5,502,304

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 202604,076106.413.05$12,415
Apr 202604,08598.932.87$11,723
Mar 202604,09189.753.15$12,884
Feb 202603,58463.503.75$13,441
Jan 202604,13959.138.00$33,103
Dec 202504,79456.664.41$21,158
Nov 202504,94658.593.93$19,420
Oct 202505,01959.383.30$16,587
Sep 202534,68662.743.08$14,607
Aug 202504,77863.933.01$14,405
Jul 202504,81066.743.32$15,946
Jun 202504,60566.483.13$14,408
May 202504,32560.553.23$13,980
Apr 202503,22262.363.54$11,416
Mar 202503,34667.704.27$14,282
Feb 202502,73970.884.34$11,890
Jan 202503,71074.324.28$15,874
Dec 202403,92568.993.12$12,251
Nov 202403,57069.052.20$7,848
Oct 202404,58671.372.28$10,463
Sep 202404,54069.612.36$10,734
Aug 202404,58975.632.06$9,470
Jul 202404,46279.932.15$9,578
Jun 202404,30178.082.63$11,329
May 202404,15478.812.20$9,132
Apr 202403,26484.451.66$5,416
Mar 202403,28780.301.55$5,079
Feb 202403,98176.091.78$7,101
Jan 202404,54873.023.30$14,998
Dec 202305,19071.262.61$13,550
Nov 202304,87677.892.81$13,690
Oct 202304,78285.443.09$14,763
Sep 202304,56089.042.74$12,472
Aug 202304,85980.522.67$12,988
Jul 202305,05774.852.64$13,360
Jun 202305,14368.962.26$11,615
May 202305,58670.622.23$12,442
Apr 202305,52478.122.24$12,361
Mar 202305,47672.852.39$13,105
Feb 202303,91375.112.47$9,648
Jan 202305,07476.533.39$17,189
Dec 202204,88376.415.73$27,975
Nov 202205,71485.005.65$32,262
Oct 202206,47487.185.86$37,962
Sep 202206,22584.888.16$50,819
Aug 202206,45294.529.13$58,888
Jul 202206,786101.587.54$51,181
Jun 202206,859115.097.98$54,716
May 202207,511109.378.43$63,341
Apr 202207,424104.226.84$50,762
Mar 202207,522108.885.08$38,185
Feb 202207,20391.054.86$34,998
Jan 202207,95081.844.54$36,075
Dec 202107,38771.323.90$28,803
Nov 202107,59077.435.24$39,748
Oct 202107,60079.795.71$43,425
Sep 202107,18569.865.35$38,446
Aug 202106,42866.024.22$27,130
Jul 202105,69270.783.98$22,666
Jun 202106,20569.493.38$20,977
May 202106,16863.483.02$18,613
Apr 202105,63660.362.76$15,546
Mar 202104,39561.302.72$11,941
Feb 202102,33257.805.55$12,938
Jan 202105,83750.412.81$16,404
Dec 202005,94844.642.68$15,914
Nov 202007,61138.772.71$20,600
Oct 202007,40836.972.48$18,360
Sep 202008,73037.091.99$17,382
Aug 2020010,14339.982.39$24,192
Jul 202009,21838.371.83$16,824
Jun 202009,19034.901.69$15,534
May 202009,42816.921.81$17,109
Apr 2020010,25414.751.80$18,502
Mar 2020010,54230.341.86$19,568
Feb 2020010,47349.881.98$20,744
Jan 2020011,46657.252.09$24,018
Dec 201905,74359.012.30$13,234
Nov 2019011,09155.302.75$30,508
Oct 2019011,91153.472.42$28,807
Sep 2019011,01455.052.66$29,267
Aug 201907,70553.112.30$17,755
Jul 201908,97156.272.46$22,069
Jun 201902,04652.782.49$5,097
May 201902,53258.482.74$6,938
Apr 201904,50062.632.75$12,378
Mar 201907,17556.803.06$21,971
Feb 201907,37250.852.79$20,584
Jan 2019010,26746.033.23$33,144
Dec 201809,00246.594.19$37,677
Nov 2018011,61952.934.24$49,232
Oct 2018012,83261.443.40$43,604
Sep 2018011,79959.543.11$36,671
Aug 2018011,55659.403.07$35,437
Jul 2018013,64565.142.93$40,006
Jun 2018013,33860.183.08$41,040
May 2018013,30065.382.90$38,581
Apr 2018013,91963.842.90$40,376
Mar 2018014,42661.222.79$40,203
Feb 2018013,13261.782.77$36,325
Jan 2018015,29562.874.01$61,323
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017016,86045.373.00$50,654
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
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 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016010842.521.99$215
Apr 2016043136.561.99$858
Mar 201603033.011.79$54
Feb 2016011426.472.06$235
Jan 2016094827.352.36$2,241
Dec 201502,26532.362.00$4,533
Nov 2015070438.792.17$1,526
Oct 201503943.552.43$95
Sep 2015052242.992.76$1,440
Aug 20150040.162.87$0
Jul 2015055148.152.95$1,623
Jun 2015021556.152.88$620
May 2015015355.212.96$452
Apr 201501,56549.822.71$4,236
Mar 201506,30442.892.93$18,500
Feb 2015080744.662.98$2,402
Jan 2015049943.433.10$1,547
Dec 2014052754.693.59$1,893
Nov 2014057370.464.25$2,436
Oct 201405,57578.303.90$21,748
Sep 201406,29386.164.05$25,458
Aug 201403,52289.394.04$14,212
Jul 2014010,13696.564.18$42,364
Jun 201408,87098.164.74$42,016
May 201404,98894.734.73$23,576
Apr 201406,98795.944.81$33,601
Mar 2014012,09195.895.06$61,142
Feb 201409,88797.406.19$61,220
Jan 2014010,20690.404.86$49,609
Dec 201305,72191.824.35$24,912
Nov 201308,27988.853.74$30,949
Oct 2013016,97697.423.78$64,158
Sep 2013010,756104.113.72$39,988
Aug 2013015,893104.253.52$55,985
Jul 2013024,215102.523.72$90,025
Jun 2013029,13494.403.93$114,596
May 2013036,06694.834.15$149,641
Apr 201309,35393.964.28$40,055
Mar 201301,01393.623.91$3,964
Feb 2013036791.233.42$1,255
Jan 2013010,45891.603.42$35,765
Dec 2012026,72986.773.42$91,417
Nov 2012023586.953.62$852
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012031,21379.822.52$78,627
May 2012025,45091.612.49$63,328
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012030,819101.102.57$79,212
Jan 2012044,63098.092.73$122,022
Dec 2011027,19096.873.24$88,089
Nov 20110095.723.31$0
Oct 2011017,24084.983.65$62,901
Sep 2011052,71883.623.99$210,123
Aug 2011040,08183.404.15$166,309
Jul 2011058994.144.52$2,661
Jun 2011012,85292.904.64$59,632
May 2011041,28798.134.40$181,862
Apr 2011053,263105.964.33$230,803
Mar 2011074,81596.364.06$303,550
Feb 2011070,86785.644.18$296,223

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
Condensate             0 bbl  × $106.41 =         $0
Gas                4,076 Mcf  × $  3.05 =    $12,415

────────────────────────────────────────────────────
Month total                                  $12,415

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/260847 is the state's own key, not one this site invented.