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 262959District 09Field 65280200GasSaveExport
Value, all time
$12.2 M
Sep 2011 – May 2026
Value, last 12 filed months
$285 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
GasProduction3,656,059 Mcf$12,162,352
Total$12,162,352

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 20266,178106.413.05$18,817
Apr 20266,20798.932.87$17,812
Mar 20266,15889.753.15$19,394
Feb 20265,23563.503.75$19,633
Jan 20266,09459.138.00$48,739
Dec 20256,03456.664.41$26,630
Nov 20256,40158.593.93$25,133
Oct 20256,72159.383.30$22,212
Sep 20256,99262.743.08$21,514
Aug 20257,12863.933.01$21,489
Jul 20256,88566.743.32$22,825
Jun 20256,74766.483.13$21,109
May 20257,06160.553.23$22,823
Apr 20256,95862.363.54$24,653
Mar 20257,04167.704.27$30,053
Feb 20255,42370.884.34$23,540
Jan 20256,31974.324.28$27,037
Dec 20247,19068.993.12$22,443
Nov 20247,12069.052.20$15,653
Oct 20246,66771.372.28$15,210
Sep 20247,29569.612.36$17,248
Aug 20247,90675.632.06$16,315
Jul 20247,82979.932.15$16,806
Jun 20248,18478.082.63$21,556
May 20248,29778.812.20$18,240
Apr 20248,28384.451.66$13,743
Mar 20248,55880.301.55$13,223
Feb 20247,97776.091.78$14,228
Jan 20247,84773.023.30$25,877
Dec 20238,41671.262.61$21,972
Nov 20237,82277.892.81$21,961
Oct 20238,11085.443.09$25,038
Sep 20237,64389.042.74$20,904
Aug 20238,64980.522.67$23,118
Jul 20238,75974.852.64$23,140
Jun 20238,73668.962.26$19,730
May 20238,17370.622.23$18,205
Apr 20237,40578.122.24$16,571
Mar 20238,19172.852.39$19,602
Feb 20237,85575.112.47$19,368
Jan 20238,23176.533.39$27,884
Dec 20229,35576.415.73$53,596
Nov 20228,46785.005.65$47,806
Oct 20229,36387.185.86$54,902
Sep 20228,53484.888.16$69,669
Aug 20228,81194.529.13$80,419
Jul 20228,749101.587.54$65,986
Jun 20228,884115.097.98$70,869
May 20229,419109.378.43$79,431
Apr 20228,862104.226.84$60,595
Mar 20229,222108.885.08$46,815
Feb 20229,08791.054.86$44,152
Jan 202210,06881.844.54$45,685
Dec 202110,28671.323.90$40,106
Nov 20219,48077.435.24$49,645
Oct 202110,20179.795.71$58,287
Sep 202110,13069.865.35$54,205
Aug 202110,59966.024.22$44,734
Jul 202110,60970.783.98$42,246
Jun 202110,38069.493.38$35,091
May 202110,74863.483.02$32,434
Apr 202110,70560.362.76$29,529
Mar 202111,29161.302.72$30,677
Feb 20219,23957.805.55$51,258
Jan 202111,03250.412.81$31,003
Dec 202010,96244.642.68$29,328
Nov 202010,91538.772.71$29,542
Oct 202011,16536.972.48$27,672
Sep 202011,93137.091.99$23,755
Aug 202011,92239.982.39$28,435
Jul 202012,09238.371.83$22,069
Jun 202011,31134.901.69$19,119
May 202012,19516.921.81$22,131
Apr 202012,48114.751.80$22,520
Mar 202012,21130.341.86$22,666
Feb 202012,09449.881.98$23,954
Jan 202013,34157.252.09$27,946
Dec 201913,56859.012.30$31,266
Nov 201912,79155.302.75$35,184
Oct 201913,72453.472.42$33,192
Sep 201913,81355.052.66$36,705
Aug 201913,48453.112.30$31,072
Jul 201914,04356.272.46$34,547
Jun 201913,83852.782.49$34,473
May 201914,30358.482.74$39,195
Apr 201914,06662.632.75$38,691
Mar 201914,74056.803.06$45,135
Feb 201913,07850.852.79$36,517
Jan 201914,97046.033.23$48,326
Dec 201815,36046.594.19$64,288
Nov 201815,08852.934.24$63,931
Oct 201815,98561.443.40$54,318
Sep 201816,06759.543.11$49,936
Aug 201816,42059.403.07$50,353
Jul 201815,96265.142.93$46,799
Jun 201815,75360.183.08$48,471
May 201817,00765.382.90$49,334
Apr 201816,84463.842.90$48,861
Mar 201817,80061.222.79$49,606
Feb 201816,10661.782.77$44,551
Jan 201818,10662.874.01$72,593
Dec 201718,35657.272.92$53,627
Nov 201717,09555.423.12$53,308
Oct 201718,54649.292.98$55,335
Sep 201717,72647.523.09$54,725
Aug 201719,16545.373.00$57,579
Jul 201720,07043.873.09$61,962
Jun 201719,64142.493.09$60,637
May 201721,19445.373.26$69,165
Apr 201720,63747.933.21$66,278
Mar 201721,62946.772.98$64,534
Feb 201719,44850.452.95$57,422
Jan 201721,92149.413.42$74,944
Dec 201622,65248.763.72$84,330
Nov 201620,43642.492.64$54,040
Oct 201621,15946.193.09$65,387
Sep 201621,26941.553.10$65,947
Aug 201622,41241.442.92$65,540
Jul 201622,63441.622.92$66,190
Jun 201622,53445.352.69$60,522
May 201623,81342.521.99$47,413
Apr 201622,11636.561.99$44,034
Mar 201624,20833.011.79$43,429
Feb 201622,57526.472.06$46,586
Jan 201623,75727.352.36$56,170
Dec 201520,92532.362.00$41,880
Nov 201519,53938.792.17$42,347
Oct 201520,54643.552.43$49,857
Sep 201520,05442.992.76$55,317
Aug 201521,35340.162.87$61,336
Jul 201522,02548.152.95$64,865
Jun 201520,38556.152.88$58,767
May 201521,16755.212.96$62,558
Apr 201520,77249.822.71$56,221
Mar 201521,71742.892.93$63,733
Feb 201520,87844.662.98$62,137
Jan 201526,22843.433.10$81,323
Dec 201426,88854.693.59$96,564
Nov 201426,25170.464.25$111,615
Oct 201427,62678.303.90$107,768
Sep 201427,28586.164.05$110,380
Aug 201428,31989.394.04$114,271
Jul 201428,40296.564.18$118,709
Jun 201427,97198.164.74$132,495
May 201430,54594.734.73$144,373
Apr 201430,03295.944.81$144,427
Mar 201431,44395.895.06$159,001
Feb 201428,99597.406.19$179,537
Jan 201431,33290.404.86$152,296
Dec 201331,70791.824.35$138,068
Nov 201332,54488.853.74$121,659
Oct 201334,73497.423.78$131,272
Sep 201334,053104.113.72$126,600
Aug 201336,113104.253.52$127,212
Jul 201336,232102.523.72$134,701
Jun 201336,10794.403.93$142,024
May 201339,01194.834.15$161,860
Apr 201339,11093.964.28$167,492
Mar 201341,74793.623.91$163,351
Feb 201338,88791.233.42$132,990
Jan 201344,74091.603.42$153,007
Dec 201246,39486.773.42$158,675
Nov 201246,35086.953.62$168,017
Oct 201249,10489.383.40$166,938
Sep 201248,32294.672.92$141,023
Aug 201242,10292.662.91$122,439
Jul 201251,17085.133.02$154,574
Jun 201253,65679.822.52$135,162
May 201258,30591.612.49$145,082
Apr 201259,623101.652.00$119,055
Mar 201265,395105.052.22$145,313
Feb 201266,813101.102.57$171,725
Jan 201277,59498.092.73$212,148
Dec 201185,86796.873.24$278,187
Nov 201193,37095.723.31$309,174
Oct 2011108,01384.983.65$394,090
Sep 2011113,54383.623.99$452,560

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                6,178 Mcf  × $  3.05 =    $18,817

────────────────────────────────────────────────────
Month total                                  $18,817

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/262959 is the state's own key, not one this site invented.