PEIKOFF-PROSPECT CO. (SA)

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 261888District 09Field 65280200GasSaveExport
Value, all time
$10.7 M
Mar 2011 – May 2026
Value, last 12 filed months
$346 k
at the published price for each month
Months reported
183
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
GasProduction3,156,792 Mcf$10,702,815
Total$10,702,815

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 20268,361106.413.05$25,466
Apr 20267,65598.932.87$21,968
Mar 20267,68389.753.15$24,197
Feb 20267,12863.503.75$26,732
Jan 20267,44459.138.00$59,537
Dec 20257,89256.664.41$34,830
Nov 20257,62358.593.93$29,931
Oct 20258,09659.383.30$26,756
Sep 20257,47162.743.08$22,988
Aug 20258,21063.933.01$24,751
Jul 20257,30566.743.32$24,218
Jun 20257,84566.483.13$24,545
May 20258,25160.553.23$26,670
Apr 20257,76262.363.54$27,502
Mar 20257,85867.704.27$33,540
Feb 20257,41870.884.34$32,200
Jan 20258,66574.324.28$37,075
Dec 20248,60468.993.12$26,856
Nov 20248,47969.052.20$18,641
Oct 20248,54271.372.28$19,488
Sep 20248,34169.612.36$19,721
Aug 20248,31675.632.06$17,161
Jul 20248,31279.932.15$17,842
Jun 20248,18978.082.63$21,570
May 20248,77478.812.20$19,289
Apr 20248,60284.451.66$14,272
Mar 20249,23780.301.55$14,272
Feb 20248,58776.091.78$15,316
Jan 20248,48073.023.30$27,964
Dec 20239,36771.262.61$24,455
Nov 20239,17977.892.81$25,771
Oct 20239,39485.443.09$29,002
Sep 20239,33889.042.74$25,540
Aug 202310,00580.522.67$26,742
Jul 20239,86474.852.64$26,059
Jun 20239,23968.962.26$20,866
May 20239,61970.622.23$21,425
Apr 20239,39178.122.24$21,015
Mar 20239,71972.852.39$23,259
Feb 20238,42475.112.47$20,771
Jan 202310,43876.533.39$35,361
Dec 20229,97976.415.73$57,170
Nov 20229,42985.005.65$53,238
Oct 20229,40287.185.86$55,131
Sep 20229,49784.888.16$77,530
Aug 202210,25294.529.13$93,572
Jul 20227,932101.587.54$59,824
Jun 20226,772115.097.98$54,022
May 20229,545109.378.43$80,493
Apr 20229,763104.226.84$66,755
Mar 20229,566108.885.08$48,561
Feb 20228,74091.054.86$42,466
Jan 202210,07381.844.54$45,708
Dec 202110,05171.323.90$39,190
Nov 202110,10177.435.24$52,897
Oct 202110,28979.795.71$58,790
Sep 20219,13369.865.35$48,870
Aug 202110,12866.024.22$42,746
Jul 202110,55970.783.98$42,047
Jun 202110,27569.493.38$34,736
May 202111,00063.483.02$33,194
Apr 202110,82960.362.76$29,871
Mar 202112,62061.302.72$34,288
Feb 20218,83957.805.55$49,038
Jan 202110,55050.412.81$29,648
Dec 202010,79844.642.68$28,890
Nov 202010,77038.772.71$29,150
Oct 202011,14136.972.48$27,612
Sep 202010,85837.091.99$21,619
Aug 202011,29039.982.39$26,928
Jul 202011,34938.371.83$20,713
Jun 202010,57534.901.69$17,875
May 202011,14516.921.81$20,225
Apr 202011,28714.751.80$20,366
Mar 202011,56930.341.86$21,475
Feb 202011,22649.881.98$22,235
Jan 202012,32657.252.09$25,820
Dec 201912,41059.012.30$28,597
Nov 201911,43055.302.75$31,441
Oct 201913,08753.472.42$31,651
Sep 201912,07655.052.66$32,089
Aug 201912,94853.112.30$29,837
Jul 201913,00556.272.46$31,993
Jun 201913,16652.782.49$32,799
May 201914,02558.482.74$38,433
Apr 201914,27562.632.75$39,266
Mar 201915,18256.803.06$46,489
Feb 201913,29150.852.79$37,111
Jan 201914,36646.033.23$46,376
Dec 201813,87446.594.19$58,069
Nov 201814,05952.934.24$59,571
Oct 201815,27861.443.40$51,916
Sep 201814,79059.543.11$45,967
Aug 201815,63659.403.07$47,949
Jul 201815,20065.142.93$44,565
Jun 201815,47860.183.08$47,625
May 201816,30065.382.90$47,283
Apr 201815,80163.842.90$45,836
Mar 201815,58461.222.79$43,430
Feb 201813,80961.782.77$38,197
Jan 201816,52862.874.01$66,266
Dec 201716,92857.272.92$49,455
Nov 201716,55255.423.12$51,615
Oct 201718,18249.292.98$54,249
Sep 201718,61747.523.09$57,476
Aug 201720,48945.373.00$61,557
Jul 201714,48943.873.09$44,732
Jun 201712,45242.493.09$38,443
May 201712,75545.373.26$41,625
Apr 201712,37447.933.21$39,740
Mar 201713,12146.772.98$39,149
Feb 201712,24850.452.95$36,163
Jan 201713,46449.413.42$46,031
Dec 201613,80148.763.72$51,379
Nov 201613,37042.492.64$35,355
Oct 201613,91746.193.09$43,007
Sep 201613,51841.553.10$41,914
Aug 201614,38841.442.92$42,075
Jul 201614,50941.622.92$42,429
Jun 201614,51045.352.69$38,971
May 201615,73442.521.99$31,327
Apr 201614,94236.561.99$29,750
Mar 201615,47133.011.79$27,755
Feb 201614,66926.472.06$30,271
Jan 201616,35927.352.36$38,679
Dec 201516,56232.362.00$33,147
Nov 201515,78338.792.17$34,207
Oct 201516,85843.552.43$40,907
Sep 201516,52042.992.76$45,569
Aug 201517,09240.162.87$49,097
Jul 201517,41148.152.95$51,277
Jun 201517,06456.152.88$49,193
May 201518,13155.212.96$53,585
Apr 201518,29949.822.71$49,528
Mar 201519,29642.892.93$56,628
Feb 201517,82944.662.98$53,062
Jan 201519,91143.433.10$61,737
Dec 201420,50554.693.59$73,641
Nov 201419,45270.464.25$82,707
Oct 201421,16078.303.90$82,544
Sep 201420,93386.164.05$84,683
Aug 201422,69089.394.04$91,557
Jul 201423,28196.564.18$97,305
Jun 201423,24098.164.74$110,085
May 201423,85394.734.73$112,743
Apr 201423,61695.944.81$113,572
Mar 201424,79695.895.06$125,388
Feb 201423,00697.406.19$142,453
Jan 201425,90090.404.86$125,893
Dec 201326,56191.824.35$115,659
Nov 201326,60388.853.74$99,449
Oct 201328,37097.423.78$107,220
Sep 201327,874104.113.72$103,628
Aug 201328,781104.253.52$101,384
Jul 201330,141102.523.72$112,056
Jun 201330,41294.403.93$119,623
May 201332,25294.834.15$133,816
Apr 201332,92593.964.28$141,004
Mar 201330,97193.623.91$121,186
Feb 201321,79491.233.42$74,534
Jan 201327,12591.603.42$92,765
Dec 201230,83686.773.42$105,464
Nov 201231,01486.953.62$112,425
Oct 201232,47889.383.40$110,415
Sep 201232,45594.672.92$94,717
Aug 201234,96292.662.91$101,675
Jul 201236,67185.133.02$110,776
Jun 201237,85979.822.52$95,368
May 201241,11691.612.49$102,310
Apr 201241,311101.652.00$82,490
Mar 201244,059105.052.22$97,903
Feb 201245,736101.102.57$117,553
Jan 201257,31398.092.73$156,698
Dec 201162,76396.873.24$203,336
Nov 201172,21995.723.31$239,137
Oct 201181,73384.983.65$298,206
Sep 201191,68083.623.99$365,418
Aug 2011117,18383.404.15$486,230
Jul 201121,18594.144.52$95,698
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$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
Gas                8,361 Mcf  × $  3.05 =    $25,466

────────────────────────────────────────────────────
Month total                                  $25,466

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/261888 is the state's own key, not one this site invented.