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 262951District 09Field 65280200GasSaveExport
Value, all time
$9.5 M
Sep 2011 – May 2026
Value, last 12 filed months
$257 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
GasProduction2,851,491 Mcf$9,548,314
Total$9,548,314

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 20265,925106.413.05$18,047
Apr 20265,68198.932.87$16,303
Mar 20265,99289.753.15$18,871
Feb 20265,08663.503.75$19,074
Jan 20265,27359.138.00$42,173
Dec 20255,50856.664.41$24,309
Nov 20255,46358.593.93$21,450
Oct 20256,14159.383.30$20,295
Sep 20255,99262.743.08$18,437
Aug 20255,89363.933.01$17,766
Jul 20256,31766.743.32$20,942
Jun 20256,15166.483.13$19,245
May 20255,98960.553.23$19,358
Apr 20256,16462.363.54$21,840
Mar 20256,20067.704.27$26,464
Feb 20255,83470.884.34$25,324
Jan 20256,55774.324.28$28,055
Dec 20246,50468.993.12$20,301
Nov 20246,40669.052.20$14,083
Oct 20246,83071.372.28$15,582
Sep 20246,49469.612.36$15,354
Aug 20245,34475.632.06$11,028
Jul 20246,30879.932.15$13,541
Jun 20246,42078.082.63$16,910
May 20246,46478.812.20$14,211
Apr 20244,52984.451.66$7,515
Mar 20244,46480.301.55$6,897
Feb 20245,05076.091.78$9,007
Jan 20247,15973.023.30$23,608
Dec 20235,58771.262.61$14,586
Nov 20236,64877.892.81$18,665
Oct 20237,85885.443.09$24,260
Sep 20237,42389.042.74$20,302
Aug 20237,52380.522.67$20,108
Jul 20237,12674.852.64$18,825
Jun 20236,89368.962.26$15,568
May 20237,13070.622.23$15,881
Apr 20237,05678.122.24$15,790
Mar 20237,33772.852.39$17,559
Feb 20235,92475.112.47$14,607
Jan 20238,42176.533.39$28,528
Dec 20228,05776.415.73$46,159
Nov 20227,98085.005.65$45,057
Oct 20227,85087.185.86$46,031
Sep 20227,88084.888.16$64,330
Aug 20228,20394.529.13$74,870
Jul 20228,121101.587.54$61,249
Jun 20227,941115.097.98$63,347
May 20228,443109.378.43$71,200
Apr 20228,049104.226.84$55,036
Mar 20228,500108.885.08$43,149
Feb 20228,04591.054.86$39,089
Jan 20228,82781.844.54$40,054
Dec 20218,56071.323.90$33,376
Nov 20218,50277.435.24$44,524
Oct 20219,23079.795.71$52,739
Sep 20218,90369.865.35$47,639
Aug 20219,07366.024.22$38,293
Jul 20219,05170.783.98$36,042
Jun 20218,97969.493.38$30,355
May 20219,46563.483.02$28,562
Apr 20219,43260.362.76$26,017
Mar 20219,54061.302.72$25,920
Feb 20218,68257.805.55$48,167
Jan 20219,50150.412.81$26,700
Dec 20209,48044.642.68$25,363
Nov 20209,83438.772.71$26,616
Oct 202010,74636.972.48$26,633
Sep 20209,02837.091.99$17,975
Aug 202010,84539.982.39$25,866
Jul 202010,95838.371.83$20,000
Jun 202010,33734.901.69$17,473
May 202010,34316.921.81$18,770
Apr 202011,28814.751.80$20,368
Mar 202011,60830.341.86$21,547
Feb 20209,50449.881.98$18,824
Jan 202011,59757.252.09$24,293
Dec 201912,08359.012.30$27,844
Nov 201911,35755.302.75$31,240
Oct 201911,33553.472.42$27,414
Sep 20199,59255.052.66$25,489
Aug 201910,04553.112.30$23,147
Jul 201910,09156.272.46$24,824
Jun 201910,34052.782.49$25,759
May 201911,11358.482.74$30,453
Apr 201910,78962.632.75$29,677
Mar 20199,38756.803.06$28,744
Feb 20198,49150.852.79$23,709
Jan 20199,34446.033.23$30,164
Dec 20189,25246.594.19$38,724
Nov 20189,14452.934.24$38,745
Oct 20189,77061.443.40$33,199
Sep 20189,54659.543.11$29,669
Aug 201810,08659.403.07$30,929
Jul 201810,13865.142.93$29,723
Jun 20189,99860.183.08$30,763
May 201810,39465.382.90$30,151
Apr 20189,91363.842.90$28,756
Mar 201810,24561.222.79$28,551
Feb 20189,59261.782.77$26,533
Jan 201810,92762.874.01$43,810
Dec 201710,94257.272.92$31,967
Nov 201711,06155.423.12$34,492
Oct 201711,40549.292.98$34,029
Sep 201711,28747.523.09$34,846
Aug 201711,19345.373.00$33,628
Jul 201711,88343.873.09$36,686
Jun 201711,81842.493.09$36,485
May 201712,39445.373.26$40,447
Apr 201712,05147.933.21$38,703
Mar 201712,28346.772.98$36,649
Feb 201711,38750.452.95$33,621
Jan 201713,03349.413.42$44,557
Dec 201612,34648.763.72$45,962
Nov 201612,06342.492.64$31,899
Oct 201613,31846.193.09$41,156
Sep 201613,11841.553.10$40,674
Aug 201613,54741.442.92$39,616
Jul 201613,11241.622.92$38,344
Jun 201613,37845.352.69$35,931
May 201614,23242.521.99$28,336
Apr 201613,66636.561.99$27,210
Mar 201614,38133.011.79$25,800
Feb 201613,42526.472.06$27,704
Jan 201614,62827.352.36$34,586
Dec 201514,94132.362.00$29,903
Nov 201514,32938.792.17$31,056
Oct 201515,29943.552.43$37,124
Sep 201514,65942.992.76$40,436
Aug 201515,54940.162.87$44,664
Jul 201515,87348.152.95$46,747
Jun 201515,37356.152.88$44,318
May 201516,30855.212.96$48,197
Apr 201516,05449.822.71$43,451
Mar 201517,96742.892.93$52,728
Feb 201516,79944.662.98$49,997
Jan 201518,73243.433.10$58,081
Dec 201421,80354.693.59$78,302
Nov 201421,48270.464.25$91,338
Oct 201422,45778.303.90$87,604
Sep 201422,30886.164.05$90,246
Aug 201423,25189.394.04$93,821
Jul 201423,23096.564.18$97,092
Jun 201421,33198.164.74$101,042
May 201421,55994.734.73$101,900
Apr 201423,29895.944.81$112,043
Mar 201423,93895.895.06$121,050
Feb 201421,10297.406.19$130,664
Jan 201423,63690.404.86$114,888
Dec 201325,51091.824.35$111,083
Nov 201324,98488.853.74$93,397
Oct 201326,92897.423.78$101,771
Sep 201325,149104.113.72$93,497
Aug 201327,982104.253.52$98,570
Jul 201329,377102.523.72$109,216
Jun 201328,78394.403.93$113,215
May 201329,44694.834.15$122,174
Apr 201329,34093.964.28$125,651
Mar 201331,93293.623.91$124,946
Feb 201329,32291.233.42$100,279
Jan 201333,25991.603.42$113,743
Dec 201234,73586.773.42$118,799
Nov 201234,26386.953.62$124,202
Oct 201237,23989.383.40$126,601
Sep 201237,87794.672.92$110,540
Aug 201245,38892.662.91$131,996
Jul 201243,94485.133.02$132,746
Jun 201246,93579.822.52$118,231
May 201251,04891.612.49$127,024
Apr 201252,320101.652.00$104,473
Mar 201257,320105.052.22$127,370
Feb 201258,165101.102.57$149,498
Jan 201267,49698.092.73$184,539
Dec 201174,67896.873.24$241,937
Nov 201181,48195.723.31$269,806
Oct 201184,18784.983.65$307,160
Sep 2011106,75683.623.99$425,508

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                5,925 Mcf  × $  3.05 =    $18,047

────────────────────────────────────────────────────
Month total                                  $18,047

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/262951 is the state's own key, not one this site invented.