HOWARD, WILLIAM

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 260983District 09Field 65280200GasSaveExport
Value, all time
$13.1 M
Apr 2011 – May 2026
Value, last 12 filed months
$359 k
at the published price for each month
Months reported
182
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
GasProduction3,779,625 Mcf$13,117,112
Total$13,117,112

Every month this lease reported (182)

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

182 months

May 20268,241106.413.05$25,101
Apr 20267,79498.932.87$22,367
Mar 20268,60689.753.15$27,104
Feb 20267,38363.503.75$27,689
Jan 20266,13959.138.00$49,099
Dec 20258,38356.664.41$36,997
Nov 20258,32458.593.93$32,684
Oct 20258,23259.383.30$27,205
Sep 20258,89762.743.08$27,375
Aug 20259,07063.933.01$27,344
Jul 20258,21166.743.32$27,221
Jun 20259,23166.483.13$28,881
May 20259,57760.553.23$30,956
Apr 20259,20562.363.54$32,614
Mar 20257,77167.704.27$33,169
Feb 20256,56070.884.34$28,476
Jan 20256,78774.324.28$29,039
Dec 20247,20768.993.12$22,496
Nov 20247,10669.052.20$15,622
Oct 20247,88771.372.28$17,993
Sep 20246,58869.612.36$15,576
Aug 20248,19075.632.06$16,901
Jul 20244,67779.932.15$10,040
Jun 20246,07978.082.63$16,012
May 20247,58678.812.20$16,677
Apr 20248,39184.451.66$13,922
Mar 20249,17080.301.55$14,169
Feb 20247,33676.091.78$13,085
Jan 20245,90673.023.30$19,476
Dec 20237,88171.262.61$20,575
Nov 20239,02477.892.81$25,335
Oct 20239,54585.443.09$29,468
Sep 20238,95489.042.74$24,490
Aug 20238,70180.522.67$23,257
Jul 20238,11674.852.64$21,441
Jun 20239,93868.962.26$22,445
May 20237,32870.622.23$16,322
Apr 202310,73978.122.24$24,031
Mar 20239,05472.852.39$21,668
Feb 20239,86575.112.47$24,324
Jan 202310,89376.533.39$36,902
Dec 202210,74476.415.73$61,553
Nov 202211,14285.005.65$62,910
Oct 202211,69987.185.86$68,600
Sep 202211,51584.888.16$94,005
Aug 202211,78994.529.13$107,600
Jul 202211,545101.587.54$87,073
Jun 202211,785115.097.98$94,011
May 202212,530109.378.43$105,666
Apr 202212,139104.226.84$83,002
Mar 202212,598108.885.08$63,952
Feb 202211,83391.054.86$57,495
Jan 202212,97481.844.54$58,872
Dec 202113,00671.323.90$50,712
Nov 202112,65277.435.24$66,257
Oct 202113,37079.795.71$76,394
Sep 202113,09169.865.35$70,049
Aug 202113,03866.024.22$55,028
Jul 202112,98970.783.98$51,723
Jun 202112,87969.493.38$43,539
May 202113,81563.483.02$41,689
Apr 202113,54260.362.76$37,355
Mar 202114,71561.302.72$39,980
Feb 20218,52457.805.55$47,291
Jan 202113,89650.412.81$39,052
Dec 202014,11644.642.68$37,767
Nov 202013,58438.772.71$36,766
Oct 202014,29036.972.48$35,417
Sep 202014,03537.091.99$27,944
Aug 202014,32939.982.39$34,176
Jul 202014,18738.371.83$25,893
Jun 202013,23334.901.69$22,368
May 202014,72316.921.81$26,719
Apr 202015,03714.751.80$27,132
Mar 202015,27030.341.86$28,345
Feb 202014,43449.881.98$28,589
Jan 202016,18657.252.09$33,905
Dec 201916,31059.012.30$37,584
Nov 201916,17955.302.75$44,504
Oct 201916,66753.472.42$40,310
Sep 201916,72555.052.66$44,443
Aug 201917,43753.112.30$40,181
Jul 201917,46556.272.46$42,965
Jun 201913,71652.782.49$34,169
May 201914,58058.482.74$39,954
Apr 201914,46262.632.75$39,781
Mar 201916,85856.803.06$51,621
Feb 201915,81450.852.79$44,156
Jan 201917,70146.033.23$57,142
Dec 201819,00146.594.19$79,528
Nov 201816,27852.934.24$68,974
Oct 201817,90061.443.40$60,826
Sep 201819,30359.543.11$59,994
Aug 201813,22359.403.07$40,549
Jul 201815,29865.142.93$44,852
Jun 201813,45660.183.08$41,403
May 201814,00465.382.90$40,623
Apr 201812,51763.842.90$36,309
Mar 201814,58761.222.79$40,652
Feb 201812,98361.782.77$35,913
Jan 201815,38062.874.01$61,663
Dec 201715,04757.272.92$43,960
Nov 201715,01955.423.12$46,835
Oct 201715,96749.292.98$47,640
Sep 201714,33547.523.09$44,256
Aug 201715,64945.373.00$47,016
Jul 201720,95643.873.09$64,697
Jun 201720,65542.493.09$63,768
May 201720,97645.373.26$68,453
Apr 201720,70347.933.21$66,490
Mar 201721,43746.772.98$63,961
Feb 201718,30450.452.95$54,044
Jan 201720,61149.413.42$70,465
Dec 201618,75448.763.72$69,818
Nov 201619,89942.492.64$52,620
Oct 201622,08646.193.09$68,251
Sep 201616,71341.553.10$51,821
Aug 201623,04641.442.92$67,394
Jul 201623,41641.622.92$68,476
Jun 201623,48945.352.69$63,087
May 201626,00842.521.99$51,783
Apr 201626,04336.561.99$51,853
Mar 201627,77133.011.79$49,821
Feb 201624,37426.472.06$50,299
Jan 201621,78827.352.36$51,515
Dec 201516,92232.362.00$33,868
Nov 201516,52038.792.17$35,804
Oct 201517,29243.552.43$41,960
Sep 201513,25542.992.76$36,563
Aug 201516,91640.162.87$48,591
Jul 20158,88548.152.95$26,167
Jun 201518,51056.152.88$53,362
May 201519,23155.212.96$56,836
Apr 201525,21249.822.71$68,238
Mar 201516,64242.892.93$48,839
Feb 201518,17944.662.98$54,104
Jan 20154,40343.433.10$13,652
Dec 201419,68154.693.59$70,682
Nov 201419,63370.464.25$83,476
Oct 201420,65278.303.90$80,563
Sep 201421,42686.164.05$86,678
Aug 201421,30489.394.04$85,964
Jul 201421,93296.564.18$91,667
Jun 201424,38798.164.74$115,518
May 201410,17094.734.73$48,069
Apr 201421,73695.944.81$104,531
Mar 201419,73295.895.06$99,781
Feb 201422,53597.406.19$139,537
Jan 201422,80390.404.86$110,839
Dec 201319,08091.824.35$83,083
Nov 201324,96788.853.74$93,334
Oct 201326,79797.423.78$101,276
Sep 201324,870104.113.72$92,460
Aug 201326,924104.253.52$94,843
Jul 201326,928102.523.72$100,111
Jun 201328,71694.403.93$112,952
May 201331,49594.834.15$130,675
Apr 201332,50593.964.28$139,206
Mar 201334,16393.623.91$133,675
Feb 201332,27491.233.42$110,374
Jan 201337,64291.603.42$128,732
Dec 201239,59186.773.42$135,408
Nov 201239,11386.953.62$141,783
Oct 201241,59889.383.40$141,420
Sep 201242,46694.672.92$123,933
Aug 201245,96492.662.91$133,671
Jul 201246,52985.133.02$140,555
Jun 201244,94879.822.52$113,226
May 201249,25091.612.49$122,550
Apr 201250,639101.652.00$101,116
Mar 201254,935105.052.22$122,070
Feb 201253,040101.102.57$136,326
Jan 201254,97998.092.73$150,317
Dec 201156,07896.873.24$181,678
Nov 201148,98095.723.31$162,186
Oct 201123,62784.983.65$86,204
Sep 201177,97283.623.99$310,781
Aug 201186,58983.404.15$359,285
Jul 201198,33794.144.52$444,212
Jun 2011114,10992.904.64$529,452
May 2011159,26798.134.40$701,542
Apr 201190,599105.964.33$392,591

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                8,241 Mcf  × $  3.05 =    $25,101

────────────────────────────────────────────────────
Month total                                  $25,101

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/260983 is the state's own key, not one this site invented.