BENBROOK UNIT "D" 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 262363District 09Field 65280200GasSaveExport
Value, all time
$2.9 M
Apr 2011 – May 2026
Value, last 12 filed months
$142 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
GasProduction966,724 Mcf$2,907,676
Total$2,907,676

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 20261,901106.413.05$5,790
Apr 20261,96098.932.87$5,625
Mar 20262,53489.753.15$7,981
Feb 20262,11363.503.75$7,924
Jan 20264,58659.138.00$36,678
Dec 20253,18156.664.41$14,039
Nov 20252,99058.593.93$11,740
Oct 20252,99959.383.30$9,911
Sep 20253,48362.743.08$10,717
Aug 20252,67963.933.01$8,077
Jul 20253,75866.743.32$12,459
Jun 20253,48166.483.13$10,891
May 20253,39460.553.23$10,970
Apr 20253,50862.363.54$12,429
Mar 20254,00267.704.27$17,082
Feb 20253,23470.884.34$14,038
Jan 20253,92774.324.28$16,802
Dec 20245,03568.993.12$15,716
Nov 20245,10269.052.20$11,216
Oct 20243,57971.372.28$8,165
Sep 20243,33569.612.36$7,885
Aug 20243,27875.632.06$6,765
Jul 20243,04079.932.15$6,526
Jun 20243,94078.082.63$10,378
May 20243,92078.812.20$8,618
Apr 20243,66884.451.66$6,086
Mar 20243,91980.301.55$6,055
Feb 20243,67876.091.78$6,560
Jan 20243,50673.023.30$11,562
Dec 20233,64371.262.61$9,511
Nov 20233,54377.892.81$9,947
Oct 20233,17185.443.09$9,790
Sep 20233,17689.042.74$8,686
Aug 20234,50480.522.67$12,039
Jul 20233,52374.852.64$9,307
Jun 20233,42168.962.26$7,726
May 20233,55670.622.23$7,921
Apr 20233,51078.122.24$7,855
Mar 20233,69272.852.39$8,836
Feb 20233,27475.112.47$8,073
Jan 20233,46076.533.39$11,722
Dec 20224,31276.415.73$24,704
Nov 20224,21185.005.65$23,776
Oct 20224,84987.185.86$28,433
Sep 20224,20884.888.16$34,353
Aug 20223,96894.529.13$36,217
Jul 20222,801101.587.54$21,125
Jun 20223,172115.097.98$25,304
May 20223,519109.378.43$29,676
Apr 20223,118104.226.84$21,320
Mar 20223,777108.885.08$19,174
Feb 20223,24691.054.86$15,772
Jan 20224,02481.844.54$18,260
Dec 20213,92371.323.90$15,296
Nov 20214,19177.435.24$21,948
Oct 20213,47479.795.71$19,850
Sep 20213,59969.865.35$19,258
Aug 20214,41166.024.22$18,617
Jul 20214,05070.783.98$16,127
Jun 20214,69969.493.38$15,886
May 20214,63963.483.02$13,999
Apr 20214,64860.362.76$12,821
Mar 20215,15261.302.72$13,998
Feb 20213,70957.805.55$20,577
Jan 20214,67450.412.81$13,135
Dec 20204,83644.642.68$12,939
Nov 20204,96738.772.71$13,444
Oct 20205,49936.972.48$13,629
Sep 20204,71137.091.99$9,380
Aug 20202,92639.982.39$6,979
Jul 20204,08738.371.83$7,459
Jun 20205,73034.901.69$9,685
May 20204,76716.921.81$8,651
Apr 20207,53914.751.80$13,603
Mar 20208,33030.341.86$15,462
Feb 20205,62349.881.98$11,137
Jan 20206,04857.252.09$12,669
Dec 20196,22759.012.30$14,349
Nov 20197,29455.302.75$20,064
Oct 20196,58353.472.42$15,921
Sep 20199,20955.052.66$24,471
Aug 20197,61753.112.30$17,552
Jul 20197,06756.272.46$17,385
Jun 20197,48052.782.49$18,634
May 20197,89858.482.74$21,643
Apr 20197,63062.632.75$20,988
Mar 20197,54356.803.06$23,097
Feb 20197,14150.852.79$19,939
Jan 20197,28146.033.23$23,504
Dec 20189,26346.594.19$38,770
Nov 20189,60952.934.24$40,716
Oct 20189,33761.443.40$31,728
Sep 201811,37459.543.11$35,350
Aug 20189,39659.403.07$28,813
Jul 20189,77665.142.93$28,662
Jun 20189,22160.183.08$28,372
May 201810,03665.382.90$29,112
Apr 201810,33063.842.90$29,965
Mar 201810,29761.222.79$28,696
Feb 20189,86361.782.77$27,282
Jan 201811,94562.874.01$47,891
Dec 201711,89957.272.92$34,763
Nov 201711,33155.423.12$35,334
Oct 201712,28249.292.98$36,646
Sep 201711,40747.523.09$35,217
Aug 201712,03345.373.00$36,152
Jul 201712,12243.873.09$37,424
Jun 201712,70942.493.09$39,236
May 201713,44645.373.26$43,880
Apr 201713,63847.933.21$43,800
Mar 201714,72746.772.98$43,941
Feb 201713,83550.452.95$40,849
Jan 201715,21749.413.42$52,024
Dec 201616,28948.763.72$60,641
Nov 201616,99142.492.64$44,930
Oct 201618,24846.193.09$56,391
Sep 201618,75741.553.10$58,159
Aug 201621,54641.442.92$63,008
Jul 201623,33941.622.92$68,251
Jun 201625,22645.352.69$67,753
May 201629,31042.521.99$58,357
Apr 201632,95436.561.99$65,613
Mar 201641,57933.011.79$74,593
Feb 201654,78226.472.06$113,050
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$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                1,901 Mcf  × $  3.05 =     $5,790

────────────────────────────────────────────────────
Month total                                   $5,790

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/262363 is the state's own key, not one this site invented.