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 262858District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.2 M
Jul 2011 – May 2026
Value, last 12 filed months
$351 k
at the published price for each month
Months reported
179
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
CondensateDisposition54 bbl$4,103
GasProduction3,082,674 Mcf$10,226,125
Total$10,230,228

Every month this lease reported (179)

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

179 months

May 202607,035106.413.05$21,427
Apr 202606,94798.932.87$19,936
Mar 202606,99489.753.15$22,027
Feb 202605,72863.503.75$21,482
Jan 202607,34059.138.00$58,705
Dec 202507,82856.664.41$34,548
Nov 202508,06458.593.93$31,663
Oct 202508,58759.383.30$28,379
Sep 202508,78962.743.08$27,043
Aug 202509,43763.933.01$28,450
Jul 202509,08666.743.32$30,122
Jun 202508,58366.483.13$26,854
May 202509,15460.553.23$29,589
Apr 202508,79362.363.54$31,155
Mar 202509,13767.704.27$39,000
Feb 202508,30270.884.34$36,038
Jan 202508,52274.324.28$36,463
Dec 202409,23268.993.12$28,816
Nov 202408,93269.052.20$19,636
Oct 202409,36771.372.28$21,370
Sep 202409,97369.612.36$23,580
Aug 202409,19375.632.06$18,971
Jul 2024010,21679.932.15$21,930
Jun 2024010,17478.082.63$26,798
May 2024010,11178.812.20$22,228
Apr 202409,49084.451.66$15,746
Mar 202409,90380.301.55$15,301
Feb 202408,71276.091.78$15,539
Jan 202409,10573.023.30$30,025
Dec 202309,48571.262.61$24,763
Nov 202308,78377.892.81$24,659
Oct 202308,86185.443.09$27,356
Sep 202307,68789.042.74$21,024
Aug 202308,63680.522.67$23,083
Jul 202309,10674.852.64$24,056
Jun 202308,99568.962.26$20,315
May 202308,76770.622.23$19,528
Apr 202308,43578.122.24$18,876
Mar 202309,37072.852.39$22,424
Feb 202306,88375.112.47$16,971
Jan 202307,63676.533.39$25,869
Dec 202209,09276.415.73$52,089
Nov 202209,04085.005.65$51,042
Oct 202209,48987.185.86$55,641
Sep 202209,51084.888.16$77,637
Aug 2022011,18994.529.13$102,124
Jul 2022011,629101.587.54$87,707
Jun 2022011,704115.097.98$93,365
May 2022011,463109.378.43$96,668
Apr 2022010,659104.226.84$72,882
Mar 2022010,579108.885.08$53,703
Feb 2022010,22791.054.86$49,691
Jan 2022010,37381.844.54$47,069
Dec 202109,52871.323.90$37,151
Nov 202108,51177.435.24$44,571
Oct 202109,84379.795.71$56,242
Sep 202109,43569.865.35$50,486
Aug 2021010,06366.024.22$42,472
Jul 2021010,47970.783.98$41,728
Jun 2021010,15369.493.38$34,323
May 2021011,00663.483.02$33,212
Apr 2021010,85060.362.76$29,929
Mar 2021011,13761.302.72$30,259
Feb 202108,60457.805.55$47,735
Jan 2021011,14250.412.81$31,312
Dec 2020011,46244.642.68$30,666
Nov 2020011,39838.772.71$30,849
Oct 2020011,96636.972.48$29,657
Sep 2020011,42737.091.99$22,752
Aug 202005,82439.982.39$13,891
Jul 202009,50938.371.83$17,355
Jun 202004,42334.901.69$7,476
May 2020013,45716.921.81$24,421
Apr 2020012,48614.751.80$22,529
Mar 2020011,08630.341.86$20,578
Feb 2020013,00949.881.98$25,767
Jan 2020013,83957.252.09$28,989
Dec 2019014,32859.012.30$33,017
Nov 2019014,10855.302.75$38,807
Oct 2019014,82653.472.42$35,857
Sep 2019014,26855.052.66$37,914
Aug 2019014,64553.112.30$33,747
Jul 2019014,53856.272.46$35,764
Jun 2019013,86252.782.49$34,533
May 2019013,77458.482.74$37,745
Apr 2019013,67362.632.75$37,610
Mar 2019015,20756.803.06$46,565
Feb 2019014,53450.852.79$40,582
Jan 2019014,80446.033.23$47,790
Dec 2018016,75446.594.19$70,123
Nov 2018015,75352.934.24$66,749
Oct 2018016,83961.443.40$57,220
Sep 2018016,69959.543.11$51,900
Aug 2018019,29159.403.07$59,157
Jul 2018017,65865.142.93$51,771
Jun 2018015,55860.183.08$47,871
May 2018018,06865.382.90$52,412
Apr 2018017,68263.842.90$51,292
Mar 2018018,84961.222.79$52,529
Feb 2018016,98861.782.77$46,991
Jan 2018019,04462.874.01$76,353
Dec 2017019,00357.272.92$55,518
Nov 2017018,74755.423.12$58,460
Oct 2017019,73949.292.98$58,895
Sep 2017019,20147.523.09$59,279
Aug 2017019,12245.373.00$57,450
Jul 2017021,20743.873.09$65,472
Jun 2017018,05742.493.09$55,747
May 2017022,02745.373.26$71,883
Apr 2017013,12247.933.21$42,143
Mar 2017013,91246.772.98$41,509
Feb 2017016,13050.452.95$47,625
Jan 2017019,16749.413.42$65,528
Dec 2016019,81348.763.72$73,760
Nov 201606,81142.492.64$18,011
Oct 2016011,13246.193.09$34,401
Sep 201609,83141.553.10$30,482
Aug 2016013,13841.442.92$38,420
Jul 2016012,82341.622.92$37,499
Jun 2016015,75445.352.69$42,313
May 2016016,59642.521.99$33,043
Apr 2016014,31836.561.99$28,508
Mar 2016016,41533.011.79$29,449
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015010,50238.792.17$22,761
Oct 2015018,57843.552.43$45,081
Sep 2015018,43542.992.76$50,851
Aug 2015019,81240.162.87$56,910
Jul 2015018,55148.152.95$54,634
Jun 2015018,77956.152.88$54,137
May 2015020,14155.212.96$59,526
Apr 2015019,92349.822.71$53,923
Mar 2015021,76842.892.93$63,883
Feb 2015019,68244.662.98$58,577
Jan 2015022,31943.433.10$69,203
Dec 20142622,43654.693.59$81,998
Nov 2014022,31270.464.25$94,867
Oct 2014023,27978.303.90$90,810
Sep 2014022,79486.164.05$92,212
Aug 2014024,05589.394.04$97,065
Jul 2014024,88996.564.18$104,026
Jun 2014025,07898.164.74$118,791
May 2014026,05194.734.73$123,132
Apr 2014026,11795.944.81$125,600
Mar 2014026,35995.895.06$133,292
Feb 2014024,59597.406.19$152,292
Jan 2014028,83390.404.86$140,149
Dec 2013028,61891.824.35$124,617
Nov 2013028,44488.853.74$106,332
Oct 2013030,68397.423.78$115,962
Sep 2013030,454104.113.72$113,220
Aug 2013032,021104.253.52$112,797
Jul 2013033,091102.523.72$123,024
Jun 2013032,56994.403.93$128,107
May 2013034,80194.834.15$144,392
Apr 2013034,60593.964.28$148,199
Mar 2013036,49093.623.91$142,781
Feb 2013034,91491.233.42$119,403
Jan 2013041,11791.603.42$140,616
Dec 2012043,53786.773.42$148,904
Nov 2012042,41886.953.62$153,764
Oct 2012047,45689.383.40$161,335
Sep 2012049,23394.672.92$143,682
Aug 2012053,66092.662.91$156,052
Jul 20121057,93185.133.02$175,849
Jun 2012061,94979.822.52$156,052
May 2012070,36591.612.49$175,091
Apr 20121872,229101.652.00$146,057
Mar 2012093,040105.052.22$206,742
Feb 20120104,786101.102.57$269,325
Jan 2012014,19198.092.73$38,799
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

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                7,035 Mcf  × $  3.05 =    $21,427

────────────────────────────────────────────────────
Month total                                  $21,427

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/262858 is the state's own key, not one this site invented.