CASHION, JOHN

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 262934District 09Field 65280200GasSaveExport
Value, all time
$15.8 M
Sep 2011 – May 2026
Value, last 12 filed months
$428 k
at the published price for each month
Months reported
177
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
GasProduction4,751,046 Mcf$15,764,438
Total$15,764,438

Every month this lease reported (177)

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

177 months

May 202610,023106.413.05$30,528
Apr 20269,74798.932.87$27,971
Mar 20269,53889.753.15$30,039
Feb 20269,17663.503.75$34,413
Jan 20269,16759.138.00$73,317
Dec 20259,22356.664.41$40,704
Nov 20259,82058.593.93$38,558
Oct 202510,19359.383.30$33,686
Sep 202510,27762.743.08$31,622
Aug 20258,75663.933.01$26,397
Jul 20258,74366.743.32$28,985
Jun 202510,20166.483.13$31,916
May 202510,44960.553.23$33,775
Apr 202510,43162.363.54$36,958
Mar 20258,22067.704.27$35,086
Feb 20257,63370.884.34$33,134
Jan 202510,03374.324.28$42,928
Dec 20249,71568.993.12$30,324
Nov 20249,78769.052.20$21,516
Oct 20248,65271.372.28$19,739
Sep 20247,40769.612.36$17,513
Aug 202410,73775.632.06$22,157
Jul 202410,12379.932.15$21,730
Jun 202410,72978.082.63$28,260
May 202411,12778.812.20$24,462
Apr 202410,88384.451.66$18,057
Mar 202411,37780.301.55$17,579
Feb 202410,56576.091.78$18,844
Jan 202411,33173.023.30$37,366
Dec 202311,47171.262.61$29,948
Nov 202311,02677.892.81$30,956
Oct 202311,66485.443.09$36,010
Sep 202311,45589.042.74$31,330
Aug 202311,76680.522.67$31,449
Jul 202311,86974.852.64$31,356
Jun 202311,61468.962.26$26,230
May 202311,50870.622.23$25,633
Apr 202311,47878.122.24$25,685
Mar 202312,02372.852.39$28,773
Feb 202311,03675.112.47$27,211
Jan 202312,20676.533.39$41,351
Dec 202211,84176.415.73$67,838
Nov 202211,54385.005.65$65,174
Oct 202211,51887.185.86$67,539
Sep 202212,10584.888.16$98,821
Aug 202213,06494.529.13$119,237
Jul 202212,757101.587.54$96,214
Jun 202212,236115.097.98$97,609
May 202212,683109.378.43$106,956
Apr 202212,327104.226.84$84,287
Mar 202212,921108.885.08$65,592
Feb 202211,53691.054.86$56,052
Jan 202212,97881.844.54$58,890
Dec 202113,12871.323.90$51,188
Nov 202112,61777.435.24$66,073
Oct 202112,97579.795.71$74,137
Sep 202113,19369.865.35$70,595
Aug 202113,68466.024.22$57,755
Jul 202113,76170.783.98$54,797
Jun 202113,42069.493.38$45,368
May 202113,39663.483.02$40,425
Apr 202113,52660.362.76$37,310
Mar 202113,87961.302.72$37,708
Feb 202113,33757.805.55$73,993
Jan 202115,19950.412.81$42,713
Dec 202015,32144.642.68$40,991
Nov 202014,92638.772.71$40,398
Oct 202015,40136.972.48$38,170
Sep 202014,72237.091.99$29,312
Aug 202015,28139.982.39$36,447
Jul 202015,52138.371.83$28,328
Jun 202013,88134.901.69$23,463
May 202015,73216.921.81$28,550
Apr 202016,08814.751.80$29,029
Mar 202016,28830.341.86$30,234
Feb 202015,73149.881.98$31,158
Jan 202015,51557.252.09$32,500
Dec 201917,19759.012.30$39,628
Nov 201917,06455.302.75$46,938
Oct 201917,96653.472.42$43,451
Sep 201917,45655.052.66$46,385
Aug 201917,99953.112.30$41,476
Jul 201918,58256.272.46$45,713
Jun 201918,26952.782.49$45,512
May 201918,89558.482.74$51,778
Apr 201918,62862.632.75$51,240
Mar 201919,90156.803.06$60,939
Feb 201917,78250.852.79$49,651
Jan 201919,14746.033.23$61,810
Dec 201819,06546.594.19$79,795
Nov 201819,00552.934.24$80,529
Oct 201820,24561.443.40$68,794
Sep 201818,99859.543.11$59,046
Aug 201820,09059.403.07$61,607
Jul 201820,13665.142.93$59,036
Jun 201819,84060.183.08$61,046
May 201820,85065.382.90$60,482
Apr 201820,56663.842.90$59,658
Mar 201821,35561.222.79$59,513
Feb 201820,21661.782.77$55,920
Jan 201822,90862.874.01$91,846
Dec 201723,40057.272.92$68,364
Nov 201722,66855.423.12$70,687
Oct 201723,09849.292.98$68,917
Sep 201722,42147.523.09$69,220
Aug 201723,41845.373.00$70,357
Jul 201724,77943.873.09$76,500
Jun 201724,10142.493.09$74,407
May 201725,61245.373.26$83,582
Apr 201725,25747.933.21$81,115
Mar 201725,42046.772.98$75,845
Feb 201723,27150.452.95$68,710
Jan 201725,91349.413.42$88,591
Dec 201626,39948.763.72$98,279
Nov 201625,08242.492.64$66,326
Oct 201626,27746.193.09$81,203
Sep 201626,46841.553.10$82,067
Aug 201628,15641.442.92$82,338
Jul 201627,38541.622.92$80,083
Jun 201626,74345.352.69$71,827
May 201628,77542.521.99$57,292
Apr 201627,25636.561.99$54,268
Mar 201629,03733.011.79$52,093
Feb 201627,51126.472.06$56,773
Jan 201629,42827.352.36$69,578
Dec 201529,15532.362.00$58,351
Nov 201528,36238.792.17$61,470
Oct 201529,86843.552.43$72,477
Sep 201528,62542.992.76$78,960
Aug 201530,04540.162.87$86,304
Jul 201531,43448.152.95$92,576
Jun 201530,33756.152.88$87,457
May 201531,66455.212.96$93,581
Apr 201531,15949.822.71$84,334
Mar 201532,98342.892.93$96,796
Feb 201530,49844.662.98$90,768
Jan 201534,57743.433.10$107,210
Dec 201435,84854.693.59$128,743
Nov 201435,19270.464.25$149,631
Oct 201437,18478.303.90$145,053
Sep 201436,64186.164.05$148,229
Aug 201437,35189.394.04$150,716
Jul 201436,24896.564.18$151,502
Jun 201435,68398.164.74$169,026
May 201437,68894.734.73$178,135
Apr 201436,99595.944.81$177,913
Mar 201438,66495.895.06$195,516
Feb 201435,82197.406.19$221,804
Jan 201440,33790.404.86$196,067
Dec 201341,11991.824.35$179,052
Nov 201339,54088.853.74$147,812
Oct 201340,93197.423.78$154,693
Sep 201339,941104.113.72$148,490
Aug 201340,929104.253.52$144,177
Jul 201343,170102.523.72$160,495
Jun 201346,79594.403.93$184,064
May 201345,86594.834.15$190,298
Apr 201345,94993.964.28$196,781
Mar 201348,84993.623.91$191,140
Feb 201345,37391.233.42$155,172
Jan 201351,87291.603.42$177,398
Dec 201253,14886.773.42$181,775
Nov 201253,25186.953.62$193,033
Oct 201256,28889.383.40$191,361
Sep 201260,81394.672.92$177,477
Aug 201257,04692.662.91$165,899
Jul 201271,63185.133.02$216,383
Jun 201276,05079.822.52$191,573
May 201282,02291.612.49$204,097
Apr 201283,773101.652.00$167,278
Mar 201291,970105.052.22$204,365
Feb 201293,328101.102.57$239,875
Jan 2012108,11698.092.73$295,598
Dec 2011117,82596.873.24$381,722
Nov 2011130,14195.723.31$430,933
Oct 2011108,50184.983.65$395,870
Sep 2011167,20683.623.99$666,450

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               10,023 Mcf  × $  3.05 =    $30,528

────────────────────────────────────────────────────
Month total                                  $30,528

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/262934 is the state's own key, not one this site invented.