DEAL

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 262280District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
Mar 2011 – May 2026
Value, last 12 filed months
$179 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
GasProduction2,228,003 Mcf$7,882,298
Total$7,882,298

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 20263,786106.413.05$11,532
Apr 20263,74198.932.87$10,736
Mar 20263,77189.753.15$11,877
Feb 20263,49163.503.75$13,092
Jan 20264,10959.138.00$32,863
Dec 20254,17756.664.41$18,435
Nov 20253,97358.593.93$15,600
Oct 20254,33759.383.30$14,333
Sep 20253,99662.743.08$12,295
Aug 20254,14163.933.01$12,484
Jul 20253,98266.743.32$13,201
Jun 20254,02866.483.13$12,602
May 20254,34960.553.23$14,057
Apr 20254,04162.363.54$14,318
Mar 20254,35767.704.27$18,597
Feb 20254,20870.884.34$18,266
Jan 20255,09174.324.28$21,783
Dec 20244,99668.993.12$15,594
Nov 20244,85569.052.20$10,673
Oct 20244,90971.372.28$11,199
Sep 20244,74869.612.36$11,226
Aug 20244,96475.632.06$10,244
Jul 20244,76479.932.15$10,226
Jun 20244,56278.082.63$12,016
May 20244,54878.812.20$9,999
Apr 20244,70784.451.66$7,810
Mar 20245,01980.301.55$7,755
Feb 20244,63376.091.78$8,264
Jan 20245,13073.023.30$16,917
Dec 20235,12871.262.61$13,388
Nov 20234,90277.892.81$13,763
Oct 20234,91885.443.09$15,183
Sep 20234,53189.042.74$12,392
Aug 20234,97280.522.67$13,290
Jul 20235,04474.852.64$13,325
Jun 20234,83368.962.26$10,915
May 20235,17370.622.23$11,522
Apr 20235,19278.122.24$11,618
Mar 20235,27972.852.39$12,633
Feb 20234,58775.112.47$11,310
Jan 20235,33376.533.39$18,067
Dec 20225,49776.415.73$31,493
Nov 20225,41485.005.65$30,569
Oct 20225,62987.185.86$33,007
Sep 20225,55584.888.16$45,349
Aug 20225,14494.529.13$46,950
Jul 20225,791101.587.54$43,676
Jun 20225,728115.097.98$45,693
May 20225,696109.378.43$48,035
Apr 20225,531104.226.84$37,819
Mar 20225,822108.885.08$29,555
Feb 20225,39891.054.86$26,228
Jan 20226,12181.844.54$27,775
Dec 20216,09571.323.90$23,765
Nov 20215,95577.435.24$31,185
Oct 20215,97579.795.71$34,140
Sep 20215,89769.865.35$31,554
Aug 20216,69266.024.22$28,244
Jul 20216,88270.783.98$27,405
Jun 20215,95669.493.38$20,135
May 20215,93963.483.02$17,922
Apr 20215,77960.362.76$15,941
Mar 20216,43361.302.72$17,478
Feb 20214,85157.805.55$26,913
Jan 20216,26450.412.81$17,604
Dec 20206,44344.642.68$17,238
Nov 20206,38138.772.71$17,271
Oct 20206,30336.972.48$15,622
Sep 20204,71237.091.99$9,382
Aug 20205,06239.982.39$12,073
Jul 20205,08338.371.83$9,277
Jun 20204,96234.901.69$8,387
May 20205,86616.921.81$10,645
Apr 20205,93914.751.80$10,716
Mar 20205,74030.341.86$10,655
Feb 20205,42849.881.98$10,751
Jan 20206,18557.252.09$12,956
Dec 20195,94759.012.30$13,704
Nov 20195,81655.302.75$15,998
Oct 20196,24453.472.42$15,101
Sep 20196,26055.052.66$16,635
Aug 20197,54353.112.30$17,382
Jul 20197,58056.272.46$18,647
Jun 20197,49252.782.49$18,664
May 20198,25658.482.74$22,624
Apr 20198,20362.632.75$22,564
Mar 20198,53356.803.06$26,129
Feb 20197,78150.852.79$21,726
Jan 20198,64546.033.23$27,908
Dec 20188,32946.594.19$34,861
Nov 20188,44452.934.24$35,779
Oct 20188,69761.443.40$29,553
Sep 20188,19659.543.11$25,473
Aug 20188,51559.403.07$26,112
Jul 20188,89865.142.93$26,088
Jun 20189,04660.183.08$27,834
May 20189,75365.382.90$28,292
Apr 20189,58863.842.90$27,813
Mar 201810,25961.222.79$28,590
Feb 20189,54461.782.77$26,400
Jan 201811,03862.874.01$44,255
Dec 201711,35357.272.92$33,168
Nov 201711,14255.423.12$34,745
Oct 201712,05849.292.98$35,977
Sep 201712,21147.523.09$37,699
Aug 201711,33845.373.00$34,064
Jul 20177,52443.873.09$23,229
Jun 20177,48142.493.09$23,096
May 20178,57845.373.26$27,993
Apr 20178,76147.933.21$28,137
Mar 20178,68546.772.98$25,913
Feb 20177,23850.452.95$21,371
Jan 20178,10649.413.42$27,713
Dec 20168,55248.763.72$31,838
Nov 20169,14042.492.64$24,169
Oct 20169,51546.193.09$29,404
Sep 20169,14741.553.10$28,361
Aug 20169,68341.442.92$28,316
Jul 20169,99141.622.92$29,217
Jun 20169,92545.352.69$26,657
May 201610,25842.521.99$20,424
Apr 20169,75736.561.99$19,427
Mar 20169,60533.011.79$17,231
Feb 20168,81026.472.06$18,181
Jan 20169,55327.352.36$22,587
Dec 201510,27932.362.00$20,572
Nov 20159,52938.792.17$20,652
Oct 201510,08243.552.43$24,465
Sep 20159,56842.992.76$26,393
Aug 201510,25840.162.87$29,466
Jul 201510,57748.152.95$31,150
Jun 201510,41956.152.88$30,037
May 201510,88855.212.96$32,179
Apr 201510,84549.822.71$29,353
Mar 201511,46742.892.93$33,652
Feb 201510,59844.662.98$31,542
Jan 201511,91943.433.10$36,956
Dec 201412,21954.693.59$43,883
Nov 201412,26270.464.25$52,136
Oct 201413,16878.303.90$51,368
Sep 201413,01886.164.05$52,664
Aug 201413,55189.394.04$54,680
Jul 201413,98296.564.18$58,439
Jun 201413,84198.164.74$65,563
May 201414,86894.734.73$70,274
Apr 201413,99295.944.81$67,289
Mar 201414,29595.895.06$72,287
Feb 201414,44197.406.19$89,419
Jan 201417,68690.404.86$85,967
Dec 201316,95891.824.35$73,843
Nov 201317,04488.853.74$63,715
Oct 201319,10297.423.78$72,193
Sep 201318,065104.113.72$67,161
Aug 201318,122104.253.52$63,837
Jul 201312,363102.523.72$45,962
Jun 201310,17994.403.93$40,038
May 201314,72994.834.15$61,112
Apr 201317,06193.964.28$73,065
Mar 201318,36893.623.91$71,872
Feb 201318,70091.233.42$63,952
Jan 201323,35491.603.42$79,869
Dec 201225,10686.773.42$85,867
Nov 201220,78686.953.62$75,348
Oct 201220,84489.383.40$70,863
Sep 201221,37794.672.92$62,387
Aug 201224,27192.662.91$70,584
Jul 201224,71385.133.02$74,653
Jun 201226,81479.822.52$67,546
May 201229,14591.612.49$72,522
Apr 201229,827101.652.00$59,559
Mar 201232,006105.052.22$71,120
Feb 201232,715101.102.57$84,085
Jan 201237,63798.092.73$102,903
Dec 201140,35896.873.24$130,749
Nov 201142,16695.723.31$139,623
Oct 201146,97384.983.65$171,383
Sep 201150,01583.623.99$199,350
Aug 201156,17783.404.15$233,096
Jul 201164,27994.144.52$290,364
Jun 201170,17892.904.64$325,618
May 201187,03498.134.40$383,369
Apr 2011108,739105.964.33$471,197
Mar 201116,57596.364.06$67,250

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                3,786 Mcf  × $  3.05 =    $11,532

────────────────────────────────────────────────────
Month total                                  $11,532

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/262280 is the state's own key, not one this site invented.