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 262859District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.1 M
Jul 2011 – May 2026
Value, last 12 filed months
$229 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
CondensateDisposition33 bbl$3,090
GasProduction2,133,346 Mcf$7,072,916
Total$7,076,006

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 202603,931106.413.05$11,973
Apr 202603,92798.932.87$11,269
Mar 202604,00089.753.15$12,598
Feb 202604,22463.503.75$15,841
Jan 202606,53459.138.00$52,258
Dec 202505,10156.664.41$22,513
Nov 202506,20358.593.93$24,356
Oct 202505,22659.383.30$17,271
Sep 202504,97662.743.08$15,311
Aug 202504,68163.933.01$14,112
Jul 202504,70166.743.32$15,585
Jun 202505,13966.483.13$16,078
May 202504,96960.553.23$16,061
Apr 202504,95362.363.54$17,549
Mar 202505,49567.704.27$23,454
Feb 202504,97270.884.34$21,583
Jan 202505,51874.324.28$23,610
Dec 202405,37968.993.12$16,790
Nov 202406,42369.052.20$14,121
Oct 202405,40471.372.28$12,329
Sep 202405,29769.612.36$12,524
Aug 202405,53275.632.06$11,416
Jul 202405,83779.932.15$12,530
Jun 202405,37978.082.63$14,168
May 202405,32078.812.20$11,696
Apr 202406,41884.451.66$10,649
Mar 202405,98580.301.55$9,248
Feb 202406,03976.091.78$10,771
Jan 202404,33373.023.30$14,289
Dec 202306,29471.262.61$16,432
Nov 202306,16877.892.81$17,317
Oct 202306,05385.443.09$18,687
Sep 202305,63489.042.74$15,409
Aug 202306,12680.522.67$16,374
Jul 202305,45274.852.64$14,403
Jun 202305,66368.962.26$12,790
May 202307,77170.622.23$17,309
Apr 202306,96578.122.24$15,586
Mar 202306,21372.852.39$14,869
Feb 202304,62375.112.47$11,399
Jan 202308,87776.533.39$30,073
Dec 202207,82476.415.73$44,824
Nov 202208,77185.005.65$49,523
Oct 202208,89587.185.86$52,158
Sep 202208,94184.888.16$72,991
Aug 202204,22894.529.13$38,590
Jul 202203,656101.587.54$27,574
Jun 202203,742115.097.98$29,851
May 202206,935109.378.43$58,483
Apr 202206,457104.226.84$44,150
Mar 202206,710108.885.08$34,063
Feb 202206,45191.054.86$31,344
Jan 202207,83981.844.54$35,571
Dec 2021010,22071.323.90$39,849
Nov 202109,41177.435.24$49,284
Oct 202109,35179.795.71$53,430
Sep 202109,10469.865.35$48,715
Aug 202109,61266.024.22$40,568
Jul 202109,63270.783.98$38,355
Jun 202109,95969.493.38$33,668
May 2021010,50563.483.02$31,701
Apr 2021010,33260.362.76$28,500
Mar 2021010,51861.302.72$28,577
Feb 202109,04357.805.55$50,170
Jan 2021011,69350.412.81$32,860
Dec 2020011,41044.642.68$30,527
Nov 202009,45938.772.71$25,601
Oct 2020010,94236.972.48$27,119
Sep 2020011,22537.091.99$22,349
Aug 2020012,77039.982.39$30,458
Jul 2020010,45638.371.83$19,083
Jun 2020012,48634.901.69$21,105
May 202008,00316.921.81$14,523
Apr 2020013,24014.751.80$23,890
Mar 2020019,90930.341.86$36,956
Feb 2020013,47749.881.98$26,693
Jan 202005,89157.252.09$12,340
Dec 201904,47359.012.30$10,307
Nov 201904,70955.302.75$12,953
Oct 201905,20253.472.42$12,581
Sep 201905,16255.052.66$13,717
Aug 201904,60953.112.30$10,621
Jul 201906,28456.272.46$15,459
Jun 201906,27152.782.49$15,622
May 201907,36158.482.74$20,172
Apr 201906,81962.632.75$18,757
Mar 201906,82556.803.06$20,899
Feb 201907,04650.852.79$19,674
Jan 201907,44846.033.23$24,043
Dec 201807,00046.594.19$29,298
Nov 201808,03752.934.24$34,055
Oct 2018014,81661.443.40$50,346
Sep 2018012,65659.543.11$39,335
Aug 2018015,03659.403.07$46,109
Jul 201809,27965.142.93$27,205
Jun 201809,23260.183.08$28,406
May 201808,04665.382.90$23,340
Apr 201808,87663.842.90$25,748
Mar 201809,13061.222.79$25,444
Feb 201808,32861.782.77$23,036
Jan 201809,11462.874.01$36,541
Dec 201709,28857.272.92$27,135
Nov 201709,20355.423.12$28,698
Oct 201709,44549.292.98$28,181
Sep 201709,34947.523.09$28,863
Aug 2017010,82445.373.00$32,520
Jul 2017010,95843.873.09$33,830
Jun 2017010,63742.493.09$32,839
May 2017011,06945.373.26$36,123
Apr 2017011,55147.933.21$37,097
Mar 2017012,47446.772.98$37,218
Feb 201708,04850.452.95$23,763
Jan 2017012,65549.413.42$43,265
Dec 2016014,24348.763.72$53,024
Nov 2016014,42342.492.64$38,139
Oct 2016011,55146.193.09$35,696
Sep 201609,76341.553.10$30,271
Aug 2016013,58741.442.92$39,733
Jul 2016012,99141.622.92$37,990
Jun 2016011,91945.352.69$32,012
May 2016011,67242.521.99$23,239
Apr 201609,42736.561.99$18,770
Mar 201604,58933.011.79$8,233
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015015532.362.00$310
Nov 2015012,99638.792.17$28,167
Oct 2015015,42543.552.43$37,430
Sep 2015015,01642.992.76$41,420
Aug 2015015,66940.162.87$45,009
Jul 2015015,19948.152.95$44,762
Jun 2015014,24756.152.88$41,072
May 2015015,65655.212.96$46,271
Apr 2015015,41249.822.71$41,714
Mar 2015016,75142.892.93$49,159
Feb 2015015,76344.662.98$46,914
Jan 2015018,24043.433.10$56,555
Dec 2014018,55554.693.59$66,638
Nov 2014018,21670.464.25$77,452
Oct 2014019,01678.303.90$74,181
Sep 2014018,77386.164.05$75,945
Aug 2014019,89089.394.04$80,259
Jul 2014020,46996.564.18$85,552
Jun 2014020,25798.164.74$95,955
May 2014021,81694.734.73$103,115
Apr 2014021,15095.944.81$101,713
Mar 2014021,56695.895.06$109,055
Feb 2014016,71497.406.19$103,493
Jan 2014019,12190.404.86$92,942
Dec 2013019,32591.824.35$84,150
Nov 2013018,31188.853.74$68,452
Oct 2013017,77897.423.78$67,189
Sep 2013018,407104.113.72$68,432
Aug 2013020,089104.253.52$70,766
Jul 2013021,150102.523.72$78,630
Jun 2013021,14294.403.93$83,160
May 2013022,49394.834.15$93,325
Apr 2013022,69193.964.28$97,176
Mar 2013024,60693.623.91$96,280
Feb 2013023,94291.233.42$81,879
Jan 2013027,95291.603.42$95,593
Dec 2012030,27586.773.42$103,545
Nov 2012029,93886.953.62$108,524
Oct 2012033,22789.383.40$112,961
Sep 2012033,11594.672.92$96,643
Aug 2012037,17492.662.91$108,108
Jul 20121639,83685.133.02$121,699
Jun 2012040,24079.822.52$101,366
May 2012046,81791.612.49$116,496
Apr 20121749,688101.652.00$100,945
Mar 2012057,624105.052.22$128,045
Feb 2012066,660101.102.57$171,332
Jan 201206,53798.092.73$17,873
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                3,931 Mcf  × $  3.05 =    $11,973

────────────────────────────────────────────────────
Month total                                  $11,973

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/262859 is the state's own key, not one this site invented.