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 262599District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.3 M
Jun 2011 – May 2026
Value, last 12 filed months
$299 k
at the published price for each month
Months reported
180
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
CondensateDisposition92 bbl$7,428
GasProduction3,362,495 Mcf$11,283,641
Total$11,291,069

Every month this lease reported (180)

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

180 months

May 202605,735106.413.05$17,468
Apr 202605,72698.932.87$16,432
Mar 202605,99389.753.15$18,875
Feb 202605,17363.503.75$19,400
Jan 202606,56659.138.00$52,514
Dec 202507,13156.664.41$31,472
Nov 202507,18458.593.93$28,208
Oct 202506,82359.383.30$22,549
Sep 202507,12062.743.08$21,908
Aug 202507,52563.933.01$22,686
Jul 202507,52266.743.32$24,937
Jun 202507,25566.483.13$22,699
May 202507,11760.553.23$23,004
Apr 202507,08962.363.54$25,117
Mar 202507,55867.704.27$32,260
Feb 202506,88170.884.34$29,869
Jan 202507,43474.324.28$31,808
Dec 202408,00268.993.12$24,977
Nov 202407,46069.052.20$16,400
Oct 202408,32971.372.28$19,002
Sep 202408,88469.612.36$21,005
Aug 202409,02275.632.06$18,618
Jul 202409,14079.932.15$19,620
Jun 202408,48078.082.63$22,336
May 202408,39878.812.20$18,463
Apr 202408,19384.451.66$13,594
Mar 202408,86880.301.55$13,702
Feb 202408,16276.091.78$14,558
Jan 202408,48673.023.30$27,984
Dec 202309,36171.262.61$24,439
Nov 202308,85477.892.81$24,858
Oct 202308,95985.443.09$27,659
Sep 202307,71989.042.74$21,112
Aug 202309,12280.522.67$24,382
Jul 202309,34174.852.64$24,677
Jun 202309,07168.962.26$20,487
May 202309,14770.622.23$20,374
Apr 202309,22578.122.24$20,643
Mar 202309,54372.852.39$22,838
Feb 202307,00975.112.47$17,282
Jan 202309,48676.533.39$32,136
Dec 202209,65176.415.73$55,291
Nov 202209,49085.005.65$53,582
Oct 202209,75887.185.86$57,219
Sep 202209,60184.888.16$78,379
Aug 2022010,92894.529.13$99,742
Jul 2022011,225101.587.54$84,660
Jun 2022010,844115.097.98$86,505
May 2022011,527109.378.43$97,208
Apr 202209,970104.226.84$68,171
Mar 2022010,364108.885.08$52,612
Feb 202209,07391.054.86$44,084
Jan 2022010,77281.844.54$48,880
Dec 2021010,27471.323.90$40,060
Nov 202109,91977.435.24$51,944
Oct 2021010,19479.795.71$58,247
Sep 202109,95769.865.35$53,279
Aug 2021010,19966.024.22$43,046
Jul 2021010,40670.783.98$41,438
Jun 2021010,29069.493.38$34,787
May 2021010,76363.483.02$32,479
Apr 2021010,49660.362.76$28,952
Mar 2021011,62461.302.72$31,582
Feb 202109,22257.805.55$51,163
Jan 2021011,27250.412.81$31,677
Dec 2020011,38644.642.68$30,463
Nov 2020011,19738.772.71$30,305
Oct 2020011,60836.972.48$28,770
Sep 2020011,51837.091.99$22,933
Aug 202007,54639.982.39$17,998
Jul 202009,43438.371.83$17,218
Jun 202008,60634.901.69$14,547
May 2020014,19216.921.81$25,755
Apr 2020015,49714.751.80$27,962
Mar 202007,85930.341.86$14,588
Feb 2020012,21549.881.98$24,194
Jan 2020012,56957.252.09$26,329
Dec 2019013,17159.012.30$30,351
Nov 2019012,98055.302.75$35,704
Oct 2019013,67353.472.42$33,069
Sep 2019013,41855.052.66$35,655
Aug 2019014,71153.112.30$33,899
Jul 2019016,72356.272.46$41,140
Jun 2019013,52552.782.49$33,693
May 2019014,18558.482.74$38,871
Apr 2019014,03462.632.75$38,603
Mar 2019014,60656.803.06$44,725
Feb 2019013,39050.852.79$37,388
Jan 2019013,97646.033.23$45,117
Dec 2018015,24246.594.19$63,794
Nov 2018014,61252.934.24$61,915
Oct 2018014,80161.443.40$50,295
Sep 2018014,32759.543.11$44,528
Aug 2018016,70859.403.07$51,236
Jul 2018016,55965.142.93$48,549
Jun 2018015,44660.183.08$47,526
May 2018016,28965.382.90$47,251
Apr 2018015,71263.842.90$45,577
Mar 2018016,73761.222.79$46,643
Feb 2018015,36361.782.77$42,496
Jan 2018016,17362.874.01$64,843
Dec 2017016,88857.272.92$49,339
Nov 2017016,98155.423.12$52,953
Oct 2017017,79249.292.98$53,086
Sep 2017017,20947.523.09$53,129
Aug 2017017,48045.373.00$52,517
Jul 2017015,23443.873.09$47,032
Jun 2017014,32442.493.09$44,222
May 2017015,84945.373.26$51,722
Apr 2017015,13747.933.21$48,614
Mar 2017015,90246.772.98$47,446
Feb 2017014,10850.452.95$41,655
Jan 2017015,95449.413.42$54,544
Dec 2016016,33748.763.72$60,820
Nov 2016015,61442.492.64$41,289
Oct 2016014,56446.193.09$45,007
Sep 201602,89041.553.10$8,961
Aug 2016017,05341.442.92$49,869
Jul 2016015,36141.622.92$44,921
Jun 2016016,84845.352.69$45,251
May 2016016,34142.521.99$32,536
Apr 2016014,44436.561.99$28,759
Mar 2016014,94633.011.79$26,813
Feb 2016013,58126.472.06$28,026
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015016,53838.792.17$35,843
Oct 2015030,90143.552.43$74,984
Sep 2015029,79742.992.76$82,193
Aug 2015030,67340.162.87$88,108
Jul 2015029,40948.152.95$86,612
Jun 2015028,54056.152.88$82,277
May 2015030,91055.212.96$91,353
Apr 2015029,49549.822.71$79,830
Mar 2015031,63042.892.93$92,825
Feb 2015028,99244.662.98$86,286
Jan 2015033,03843.433.10$102,439
Dec 20142932,78154.693.59$119,314
Nov 2014032,41070.464.25$137,802
Oct 2014034,70978.303.90$135,398
Sep 2014033,02786.164.05$133,609
Aug 2014033,82689.394.04$136,492
Jul 2014035,43896.564.18$148,117
Jun 2014034,16198.164.74$161,817
May 2014035,10094.734.73$165,902
Apr 2014034,85595.944.81$167,622
Mar 2014036,10295.895.06$182,561
Feb 2014034,08597.406.19$211,054
Jan 2014037,08990.404.86$180,279
Dec 2013037,86991.824.35$164,900
Nov 2013036,75788.853.74$137,408
Oct 2013038,82697.423.78$146,737
Sep 2013037,768104.113.72$140,412
Aug 2013039,848104.253.52$140,369
Jul 2013041,193102.523.72$153,145
Jun 2013040,43094.403.93$159,028
May 2013042,48394.834.15$176,265
Apr 2013041,73893.964.28$178,747
Mar 2013044,42393.623.91$173,821
Feb 2013041,12291.233.42$140,634
Jan 2013047,46991.603.42$162,340
Dec 2012048,62486.773.42$166,302
Nov 2012048,57086.953.62$176,064
Oct 2012052,77389.383.40$179,411
Sep 2012052,05094.672.92$151,903
Aug 2012055,92792.662.91$162,645
Jul 20123459,80685.133.02$183,556
Jun 2012060,65079.822.52$152,780
May 2012066,85591.612.49$166,357
Apr 20122968,561101.652.00$139,850
Mar 2012078,237105.052.22$173,849
Feb 2012091,914101.102.57$236,241
Jan 2012042,35998.092.73$115,813
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

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                5,735 Mcf  × $  3.05 =    $17,468

────────────────────────────────────────────────────
Month total                                  $17,468

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/262599 is the state's own key, not one this site invented.