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 261484District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Apr 2011 – May 2026
Value, last 12 filed months
$208 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
GasProduction2,327,779 Mcf$8,153,977
Total$8,153,977

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 20264,622106.413.05$14,078
Apr 20263,88598.932.87$11,149
Mar 20264,13589.753.15$13,023
Feb 20264,34563.503.75$16,295
Jan 20263,74959.138.00$29,984
Dec 20254,92656.664.41$21,740
Nov 20254,93758.593.93$19,385
Oct 20255,14359.383.30$16,997
Sep 20254,98962.743.08$15,351
Aug 20255,02663.933.01$15,152
Jul 20255,34766.743.32$17,726
Jun 20255,50366.483.13$17,217
May 20255,61960.553.23$18,162
Apr 20253,85062.363.54$13,641
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 20234,43071.262.61$11,565
Nov 20233,95577.892.81$11,104
Oct 20234,42185.443.09$13,649
Sep 20234,28889.042.74$11,728
Aug 20234,06780.522.67$10,871
Jul 20234,38074.852.64$11,571
Jun 20234,27168.962.26$9,646
May 20234,61870.622.23$10,286
Apr 20234,76578.122.24$10,663
Mar 20235,02172.852.39$12,016
Feb 20233,59975.112.47$8,874
Jan 20234,24576.533.39$14,381
Dec 20224,84676.415.73$27,763
Nov 20225,79485.005.65$32,714
Oct 20224,70887.185.86$27,607
Sep 20221684.888.16$131
Aug 20222,10794.529.13$19,231
Jul 20224,889101.587.54$36,873
Jun 20225,018115.097.98$40,030
May 20225,212109.378.43$43,953
Apr 20224,767104.226.84$32,595
Mar 20225,537108.885.08$28,108
Feb 20224,32591.054.86$21,014
Jan 20225,52381.844.54$25,062
Dec 20215,87571.323.90$22,907
Nov 20215,75777.435.24$30,149
Oct 20215,84879.795.71$33,415
Sep 20215,54769.865.35$29,682
Aug 20216,28266.024.22$26,514
Jul 20216,17070.783.98$24,569
Jun 20215,95369.493.38$20,125
May 20215,75063.483.02$17,352
Apr 20215,88260.362.76$16,225
Mar 20216,96861.302.72$18,932
Feb 20213,79557.805.55$21,054
Jan 20216,64550.412.81$18,674
Dec 20207,01744.642.68$18,774
Nov 20206,82938.772.71$18,483
Oct 20206,49936.972.48$16,107
Sep 20206,29437.091.99$12,532
Aug 20206,50139.982.39$15,506
Jul 20206,95038.371.83$12,685
Jun 20206,43734.901.69$10,881
May 20206,79016.921.81$12,322
Apr 20207,08714.751.80$12,788
Mar 20206,66630.341.86$12,374
Feb 20206,28949.881.98$12,456
Jan 20207,04157.252.09$14,749
Dec 20197,43159.012.30$17,124
Nov 20196,91755.302.75$19,027
Oct 20197,38153.472.42$17,851
Sep 20197,64855.052.66$20,323
Aug 20198,14653.112.30$18,771
Jul 20198,14956.272.46$20,047
Jun 20199,45752.782.49$23,559
May 20198,96058.482.74$24,553
Apr 20198,43062.632.75$23,188
Mar 20199,30656.803.06$28,496
Feb 20196,50350.852.79$18,158
Jan 20199,35946.033.23$30,213
Dec 20188,86746.594.19$37,112
Nov 20189,08552.934.24$38,495
Oct 20189,35961.443.40$31,803
Sep 20189,30059.543.11$28,904
Aug 201810,11459.403.07$31,015
Jul 20189,26265.142.93$27,155
Jun 20189,21360.183.08$28,348
May 20189,67165.382.90$28,054
Apr 20189,23563.842.90$26,789
Mar 20189,79461.222.79$27,294
Feb 20188,66661.782.77$23,971
Jan 20189,98862.874.01$40,045
Dec 201710,61657.272.92$31,015
Nov 201710,82055.423.12$33,741
Oct 201710,09049.292.98$30,105
Sep 201710,42547.523.09$32,185
Aug 201711,38945.373.00$34,217
Jul 201710,64643.873.09$32,867
Jun 201711,04842.493.09$34,108
May 201711,20545.373.26$36,566
Apr 201711,96347.933.21$38,420
Mar 201713,62346.772.98$40,647
Feb 201713,87550.452.95$40,967
Jan 201713,41849.413.42$45,873
Dec 201617,11148.763.72$63,701
Nov 201614,35442.492.64$37,957
Oct 201614,57246.193.09$45,031
Sep 20163,01041.553.10$9,333
Aug 201658541.442.92$1,711
Jul 201613,57841.622.92$39,707
Jun 20169,32145.352.69$25,035
May 201612,66742.521.99$25,221
Apr 201617,96436.561.99$35,767
Mar 201617,02633.011.79$30,545
Feb 201612,28326.472.06$25,348
Jan 20161,48427.352.36$3,509
Dec 201517,96632.362.00$35,957
Nov 201513,63938.792.17$29,560
Oct 201516,51843.552.43$40,082
Sep 20159,91842.992.76$27,358
Aug 201515,04540.162.87$43,217
Jul 201516,64348.152.95$49,015
Jun 201517,17556.152.88$49,513
May 201518,74055.212.96$55,385
Apr 201515,65549.822.71$42,371
Mar 201511,92442.892.93$34,993
Feb 20154,72844.662.98$14,071
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 20141,93678.303.90$7,552
Sep 201415,04886.164.05$60,876
Aug 201417,55989.394.04$70,853
Jul 201417,94296.564.18$74,990
Jun 201417,79998.164.74$84,312
May 201418,75794.734.73$88,656
Apr 201418,96695.944.81$91,210
Mar 201420,40695.895.06$103,189
Feb 201418,56397.406.19$114,942
Jan 201413,93090.404.86$67,710
Dec 20139,44291.824.35$41,115
Nov 201318,70888.853.74$69,936
Oct 201318,49097.423.78$69,880
Sep 201319,714104.113.72$73,292
Aug 201316,502104.253.52$58,130
Jul 201312,666102.523.72$47,089
Jun 201320,58194.403.93$80,954
May 201322,55194.834.15$93,566
Apr 201322,68493.964.28$97,146
Mar 201325,02093.623.91$97,900
Feb 201323,10891.233.42$79,027
Jan 201324,70291.603.42$84,479
Dec 201227,52986.773.42$94,154
Nov 201226,69886.953.62$96,779
Oct 201228,29589.383.40$96,194
Sep 201230,71694.672.92$89,642
Aug 201235,34692.662.91$102,792
Jul 201221185.133.02$637
Jun 201226,95479.822.52$67,898
May 201232,80991.612.49$81,639
Apr 201233,658101.652.00$67,208
Mar 201236,748105.052.22$81,657
Feb 201238,252101.102.57$98,317
Jan 201243,95398.092.73$120,171
Dec 201147,63196.873.24$154,312
Nov 201149,27395.723.31$163,157
Oct 201152,47884.983.65$191,468
Sep 201159,50383.623.99$237,167
Aug 201167,94983.404.15$281,942
Jul 201178,25694.144.52$353,501
Jun 201185,04592.904.64$394,599
May 2011115,93598.134.40$510,673
Apr 201152,451105.964.33$227,285

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                4,622 Mcf  × $  3.05 =    $14,078

────────────────────────────────────────────────────
Month total                                  $14,078

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/261484 is the state's own key, not one this site invented.