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 262603District 09Field 65280200GasSaveExport
Value, all time
$5.0 M
Jun 2011 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
180
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
GasProduction1,624,408 Mcf$5,018,723
Total$5,018,723

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 20264,419106.413.05$13,460
Apr 20264,46298.932.87$12,805
Mar 20264,48889.753.15$14,135
Feb 20264,29163.503.75$16,093
Jan 20265,44659.138.00$43,557
Dec 20255,89556.664.41$26,017
Nov 20255,94958.593.93$23,358
Oct 20255,88459.383.30$19,446
Sep 20255,72862.743.08$17,625
Aug 20256,08263.933.01$18,336
Jul 20256,00166.743.32$19,895
Jun 20255,71066.483.13$17,865
May 20255,77560.553.23$18,667
Apr 20255,48262.363.54$19,423
Mar 20255,46167.704.27$23,309
Feb 20254,73770.884.34$20,563
Jan 20255,06774.324.28$21,680
Dec 20245,23668.993.12$16,343
Nov 20245,09569.052.20$11,201
Oct 20245,81471.372.28$13,264
Sep 20246,01669.612.36$14,224
Aug 20245,88775.632.06$12,149
Jul 20246,28779.932.15$13,496
Jun 20246,20978.082.63$16,354
May 20246,23178.812.20$13,698
Apr 20246,32284.451.66$10,489
Mar 20246,71980.301.55$10,382
Feb 20246,32576.091.78$11,282
Jan 20246,84273.023.30$22,563
Dec 20237,63671.262.61$19,935
Nov 20237,24877.892.81$20,349
Oct 20237,42185.443.09$22,911
Sep 20237,00989.042.74$19,170
Aug 20236,78880.522.67$18,144
Jul 20237,37374.852.64$19,478
Jun 20237,20968.962.26$16,281
May 20237,22670.622.23$16,095
Apr 20237,24578.122.24$16,213
Mar 20237,62772.852.39$18,253
Feb 20235,59275.112.47$13,788
Jan 20237,62576.533.39$25,831
Dec 20227,45176.415.73$42,687
Nov 20227,76385.005.65$43,831
Oct 20228,13387.185.86$47,690
Sep 20227,87884.888.16$64,313
Aug 20228,93594.529.13$81,551
Jul 20228,998101.587.54$67,864
Jun 20228,966115.097.98$71,524
May 20228,523109.378.43$71,875
Apr 20228,080104.226.84$55,248
Mar 20228,449108.885.08$42,891
Feb 20227,53091.054.86$36,587
Jan 20228,65381.844.54$39,265
Dec 20218,19371.323.90$31,945
Nov 20217,98177.435.24$41,795
Oct 20218,28579.795.71$47,339
Sep 20218,08669.865.35$43,268
Aug 20218,50266.024.22$35,883
Jul 20218,51670.783.98$33,911
Jun 20218,38069.493.38$28,330
May 20218,86763.483.02$26,758
Apr 20218,82160.362.76$24,332
Mar 20219,19961.302.72$24,993
Feb 20217,32757.805.55$40,650
Jan 20219,41150.412.81$26,447
Dec 20209,53444.642.68$25,508
Nov 20209,32638.772.71$25,241
Oct 20209,79136.972.48$24,266
Sep 20209,69937.091.99$19,311
Aug 20206,57139.982.39$15,672
Jul 20208,18838.371.83$14,944
Jun 20209,19534.901.69$15,542
May 202012,24216.921.81$22,216
Apr 202015,22514.751.80$27,472
Mar 20207,35630.341.86$13,654
Feb 202010,71649.881.98$21,225
Jan 202011,03557.252.09$23,115
Dec 201911,44159.012.30$26,364
Nov 201911,57055.302.75$31,826
Oct 201912,30053.472.42$29,748
Sep 201912,27955.052.66$32,629
Aug 201912,54653.112.30$28,911
Jul 20198,46756.272.46$20,829
Jun 201911,71652.782.49$29,187
May 201912,44758.482.74$34,109
Apr 201912,92062.632.75$35,539
Mar 201913,74456.803.06$42,086
Feb 201912,71750.852.79$35,509
Jan 201913,68846.033.23$44,187
Dec 201814,55546.594.19$60,919
Nov 201814,17452.934.24$60,059
Oct 201815,18461.443.40$51,596
Sep 201814,53859.543.11$45,184
Aug 201816,71359.403.07$51,251
Jul 201816,99465.142.93$49,824
Jun 201816,68060.183.08$51,323
May 201817,93065.382.90$52,011
Apr 201818,47063.842.90$53,578
Mar 201818,30861.222.79$51,021
Feb 201816,92261.782.77$46,808
Jan 201818,83462.874.01$75,512
Dec 201719,38457.272.92$56,631
Nov 201720,10155.423.12$62,682
Oct 201721,48349.292.98$64,098
Sep 201721,59447.523.09$66,667
Aug 201719,85545.373.00$59,652
Jul 201720,57043.873.09$63,505
Jun 201719,84942.493.09$61,279
May 201722,64345.373.26$73,893
Apr 201722,29347.933.21$71,596
Mar 201724,10646.772.98$71,925
Feb 201722,22650.452.95$65,624
Jan 201726,16449.413.42$89,449
Dec 201628,13948.763.72$104,757
Nov 201628,49742.492.64$75,356
Oct 201630,56346.193.09$94,448
Sep 201627,38841.553.10$84,920
Aug 201637,13341.442.92$108,590
Jul 201634,84841.622.92$101,907
Jun 201641,35845.352.69$111,081
May 201645,26842.521.99$90,130
Apr 201646,81336.561.99$93,207
Mar 201662,48833.011.79$112,104
Feb 201666,84426.472.06$137,941
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

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                4,419 Mcf  × $  3.05 =    $13,460

────────────────────────────────────────────────────
Month total                                  $13,460

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/262603 is the state's own key, not one this site invented.