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 262365District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
May 2011 – May 2026
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
181
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
CondensateDisposition2 bbl$208
GasProduction1,583,946 Mcf$4,915,563
Total$4,915,771

Every month this lease reported (181)

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

181 months

May 202605,504106.413.05$16,764
Apr 202604,36298.932.87$12,518
Mar 202604,42089.753.15$13,921
Feb 202604,64263.503.75$17,409
Jan 202605,25459.138.00$42,021
Dec 202506,13056.664.41$27,054
Nov 202506,09258.593.93$23,920
Oct 202506,40559.383.30$21,168
Sep 202506,20862.743.08$19,102
Aug 202506,31763.933.01$19,044
Jul 202506,29466.743.32$20,866
Jun 202506,41366.483.13$20,064
May 202506,58060.553.23$21,269
Apr 202506,30562.363.54$22,339
Mar 202506,81767.704.27$29,097
Feb 202505,80770.884.34$25,207
Jan 202506,26574.324.28$26,806
Dec 202405,94068.993.12$18,541
Nov 202405,56469.052.20$12,232
Oct 202406,79171.372.28$15,493
Sep 202406,74869.612.36$15,955
Aug 202406,34375.632.06$13,090
Jul 202405,72379.932.15$12,285
Jun 202406,29478.082.63$16,578
May 202406,90678.812.20$15,182
Apr 202406,83484.451.66$11,339
Mar 202407,32380.301.55$11,315
Feb 202406,61576.091.78$11,799
Jan 202407,02773.023.30$23,173
Dec 202306,91471.262.61$18,051
Nov 202307,24677.892.81$20,344
Oct 202307,58985.443.09$23,429
Sep 202307,07789.042.74$19,356
Aug 202307,12480.522.67$19,042
Jul 202307,30274.852.64$19,290
Jun 202307,24168.962.26$16,354
May 202307,13070.622.23$15,881
Apr 202306,86878.122.24$15,369
Mar 202307,52172.852.39$17,999
Feb 202306,81475.112.47$16,801
Jan 202307,45076.533.39$25,239
Dec 202207,62876.415.73$43,701
Nov 202207,75785.005.65$43,798
Oct 202208,11287.185.86$47,567
Sep 202207,67884.888.16$62,681
Aug 202208,01094.529.13$73,109
Jul 202208,139101.587.54$61,385
Jun 202208,109115.097.98$64,687
May 202208,520109.378.43$71,850
Apr 202227,599104.226.84$52,167
Mar 202208,707108.885.08$44,200
Feb 202207,78491.054.86$37,821
Jan 202208,89181.844.54$40,345
Dec 202108,43171.323.90$32,873
Nov 202108,16377.435.24$42,748
Oct 202108,45279.795.71$48,294
Sep 202108,15869.865.35$43,653
Aug 202108,45066.024.22$35,664
Jul 202108,60470.783.98$34,262
Jun 202108,57869.493.38$28,999
May 202109,03463.483.02$27,262
Apr 202108,87460.362.76$24,478
Mar 202109,54761.302.72$25,939
Feb 202107,30457.805.55$40,522
Jan 202109,38850.412.81$26,383
Dec 202009,55344.642.68$25,559
Nov 202009,44038.772.71$25,550
Oct 202009,64636.972.48$23,907
Sep 202009,57137.091.99$19,056
Aug 2020012,10239.982.39$28,864
Jul 202007,97538.371.83$14,555
Jun 202003,63034.901.69$6,136
May 202007,60716.921.81$13,805
Apr 202008,76114.751.80$15,808
Mar 202007,66830.341.86$14,234
Feb 2020010,57049.881.98$20,936
Jan 2020010,92157.252.09$22,877
Dec 2019011,11859.012.30$25,620
Nov 2019011,22155.302.75$30,866
Oct 2019011,98053.472.42$28,974
Sep 2019012,08855.052.66$32,121
Aug 2019012,04953.112.30$27,765
Jul 2019012,65156.272.46$31,122
Jun 2019014,55152.782.49$36,249
May 2019015,20358.482.74$41,661
Apr 2019014,90262.632.75$40,991
Mar 2019015,23256.803.06$46,642
Feb 2019013,82150.852.79$38,591
Jan 2019014,38846.033.23$46,447
Dec 2018015,21846.594.19$63,694
Nov 2018014,59552.934.24$61,843
Oct 2018014,94361.443.40$50,778
Sep 2018014,26759.543.11$44,342
Aug 2018016,22159.403.07$49,743
Jul 2018016,18365.142.93$47,447
Jun 2018015,84760.183.08$48,760
May 2018016,14665.382.90$46,836
Apr 2018016,08763.842.90$46,665
Mar 2018017,23061.222.79$48,017
Feb 2018015,83861.782.77$43,810
Jan 2018019,20062.874.01$76,979
Dec 2017018,59557.272.92$54,326
Nov 2017018,41355.423.12$57,418
Oct 2017020,32049.292.98$60,628
Sep 2017019,61047.523.09$60,542
Aug 2017018,98245.373.00$57,030
Jul 2017018,91743.873.09$58,402
Jun 2017020,03042.493.09$61,838
May 2017021,17745.373.26$69,109
Apr 2017020,95247.933.21$67,289
Mar 2017023,27646.772.98$69,448
Feb 2017021,30950.452.95$62,917
Jan 2017024,23849.413.42$82,865
Dec 2016024,89748.763.72$92,687
Nov 2016025,38942.492.64$67,137
Oct 2016027,86446.193.09$86,107
Sep 2016027,91441.553.10$86,551
Aug 2016031,45141.442.92$91,973
Jul 2016033,30741.622.92$97,401
Jun 2016035,77945.352.69$96,096
May 2016040,70442.521.99$81,043
Apr 2016045,57736.561.99$90,746
Mar 2016051,95033.011.79$93,199
Feb 2016068,54726.472.06$141,456
Jan 201602,20927.352.36$5,223
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
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

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                5,504 Mcf  × $  3.05 =    $16,764

────────────────────────────────────────────────────
Month total                                  $16,764

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/262365 is the state's own key, not one this site invented.