BENBROOK UNIT "C" FED

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 261703District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.3 M
Mar 2011 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
183
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
CondensateDisposition11 bbl$911
GasProduction2,479,137 Mcf$8,263,797
Total$8,264,709

Every month this lease reported (183)

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

183 months

May 202607,374106.413.05$22,460
Apr 202607,50398.932.87$21,532
Mar 202607,66189.753.15$24,128
Feb 202606,65763.503.75$24,966
Jan 202604,87459.138.00$38,982
Dec 202505,58456.664.41$24,644
Nov 202505,59858.593.93$21,980
Oct 202506,79959.383.30$22,470
Sep 202506,32062.743.08$19,446
Aug 202506,40763.933.01$19,316
Jul 202506,64066.743.32$22,013
Jun 202506,37766.483.13$19,952
May 202506,72660.553.23$21,741
Apr 202506,29062.363.54$22,286
Mar 202506,65467.704.27$28,401
Feb 202506,36370.884.34$27,621
Jan 202506,72674.324.28$28,778
Dec 202406,93868.993.12$21,656
Nov 202406,91969.052.20$15,211
Oct 202406,90971.372.28$15,762
Sep 202406,21269.612.36$14,687
Aug 202406,66075.632.06$13,744
Jul 202405,95879.932.15$12,789
Jun 202406,08578.082.63$16,028
May 202405,87278.812.20$12,909
Apr 202405,49284.451.66$9,112
Mar 202406,21880.301.55$9,608
Feb 202406,12776.091.78$10,928
Jan 202406,89373.023.30$22,731
Dec 202307,17171.262.61$18,721
Nov 202306,45577.892.81$18,123
Oct 202306,41685.443.09$19,808
Sep 202307,57989.042.74$20,729
Aug 202307,51480.522.67$20,084
Jul 202307,43274.852.64$19,634
Jun 202307,36168.962.26$16,625
May 202306,50570.622.23$14,489
Apr 2023010,32478.122.24$23,103
Mar 202308,18572.852.39$19,588
Feb 202309,14875.112.47$22,556
Jan 202306,05676.533.39$20,516
Dec 202206,44776.415.73$36,935
Nov 202206,00485.005.65$33,900
Oct 202206,14987.185.86$36,056
Sep 202206,04984.888.16$49,382
Aug 202208,91994.529.13$81,405
Jul 202208,622101.587.54$65,028
Jun 202207,213115.097.98$57,540
May 202204,509109.378.43$38,025
Apr 202207,122104.226.84$48,697
Mar 202207,418108.885.08$37,657
Feb 202207,08891.054.86$34,439
Jan 202207,69481.844.54$34,913
Dec 202108,91171.323.90$34,745
Nov 202108,58377.435.24$44,948
Oct 202108,70179.795.71$49,716
Sep 202108,56669.865.35$45,836
Aug 202108,93666.024.22$37,715
Jul 202109,03770.783.98$35,986
Jun 202108,87269.493.38$29,993
May 202109,25363.483.02$27,923
Apr 202108,99660.362.76$24,815
Mar 202109,66061.302.72$26,246
Feb 202108,36757.805.55$46,420
Jan 202109,18950.412.81$25,824
Dec 202009,23044.642.68$24,695
Nov 202008,98238.772.71$24,310
Oct 202009,14136.972.48$22,655
Sep 202009,28837.091.99$18,493
Aug 202009,97139.982.39$23,782
Jul 2020012,31738.371.83$22,480
Jun 202003,41434.901.69$5,771
May 2020010,71816.921.81$19,450
Apr 2020011,03914.751.80$19,919
Mar 202007,87030.341.86$14,609
Feb 202009,49749.881.98$18,810
Jan 2020010,02657.252.09$21,002
Dec 2019010,39159.012.30$23,945
Nov 2019010,25955.302.75$28,219
Oct 2019010,93053.472.42$26,435
Sep 2019010,54155.052.66$28,010
Aug 2019010,77853.112.30$24,836
Jul 2019010,97156.272.46$26,989
Jun 2019011,25852.782.49$28,046
May 2019011,76358.482.74$32,234
Apr 2019011,53062.632.75$31,716
Mar 2019011,78556.803.06$36,087
Feb 2019010,69350.852.79$29,857
Jan 2019011,13246.033.23$35,936
Dec 2018011,77446.594.19$49,279
Nov 2018011,29352.934.24$47,851
Oct 2018011,56161.443.40$39,285
Sep 2018011,03959.543.11$34,309
Aug 201809,36659.403.07$28,721
Jul 2018010,61965.142.93$31,134
Jun 2018110,76660.183.08$33,186
May 2018010,61065.382.90$30,777
Apr 2018010,35163.842.90$30,026
Mar 2018011,21561.222.79$31,254
Feb 2018010,44161.782.77$28,881
Jan 2018011,86962.874.01$47,587
Dec 2017011,87157.272.92$34,681
Nov 2017011,65955.423.12$36,357
Oct 2017012,33249.292.98$36,795
Sep 2017012,09047.523.09$37,325
Aug 2017014,18945.373.00$42,629
Jul 2017011,05543.873.09$34,130
Jun 2017010,03942.493.09$30,993
May 2017013,11945.373.26$42,813
Apr 2017013,22047.933.21$42,457
Mar 2017010,85646.772.98$32,391
Feb 201709,44850.452.95$27,896
Jan 201709,88449.413.42$33,791
Dec 2016010,77148.763.72$40,099
Nov 2016012,22842.492.64$32,335
Oct 2016011,22146.193.09$34,676
Sep 201607,85541.553.10$24,355
Aug 2016011,18641.442.92$32,712
Jul 2016011,37741.622.92$33,270
Jun 2016011,09845.352.69$29,807
May 2016011,08842.521.99$22,077
Apr 2016011,55736.561.99$23,010
Mar 201609,46833.011.79$16,986
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015011,46938.792.17$24,857
Oct 2015019,94143.552.43$48,388
Sep 2015019,01642.992.76$52,454
Aug 2015020,04640.162.87$57,582
Jul 2015020,79048.152.95$61,228
Jun 2015020,27456.152.88$58,447
May 2015020,81255.212.96$61,509
Apr 2015019,83849.822.71$53,693
Mar 2015019,39242.892.93$56,910
Feb 2015017,47344.662.98$52,003
Jan 2015020,73443.433.10$64,288
Dec 2014021,85154.693.59$78,475
Nov 2014024,09670.464.25$102,452
Oct 2014025,95778.303.90$101,257
Sep 2014025,59286.164.05$103,531
Aug 2014026,28189.394.04$106,047
Jul 2014022,59896.564.18$94,451
Jun 2014022,32998.164.74$105,770
May 2014023,04994.734.73$108,942
Apr 2014022,97495.944.81$110,485
Mar 2014024,63195.895.06$124,554
Feb 2014024,56697.406.19$152,113
Jan 2014024,99090.404.86$121,469
Dec 2013025,24991.824.35$109,946
Nov 2013025,75988.853.74$96,294
Oct 2013027,51297.423.78$103,978
Sep 2013027,029104.113.72$100,487
Aug 2013028,138104.253.52$99,119
Jul 2013029,794102.523.72$110,766
Jun 2013029,45994.403.93$115,874
May 2013031,06194.834.15$128,875
Apr 2013031,03593.964.28$132,910
Mar 2013032,79393.623.91$128,315
Feb 2013030,97791.233.42$105,939
Jan 2013035,42391.603.42$121,143
Dec 2012036,66786.773.42$125,407
Nov 2012037,60286.953.62$136,306
Oct 2012041,21089.383.40$140,101
Sep 2012042,66494.672.92$124,511
Aug 2012046,91892.662.91$136,445
Jul 20121050,16285.133.02$152,381
Jun 2012052,06079.822.52$131,141
May 2012059,36591.612.49$147,719
Apr 2012065,025101.652.00$129,842
Mar 2012086,956105.052.22$193,223
Feb 2012018,254101.102.57$46,917
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0

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                7,374 Mcf  × $  3.05 =    $22,460

────────────────────────────────────────────────────
Month total                                  $22,460

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/261703 is the state's own key, not one this site invented.