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 263034District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.3 M
Jul 2011 – May 2026
Value, last 12 filed months
$388 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
CondensateDisposition48 bbl$3,910
GasProduction3,413,531 Mcf$11,336,976
Total$11,340,886

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 202608,453106.413.05$25,746
Apr 202608,68398.932.87$24,918
Mar 202608,82589.753.15$27,794
Feb 202607,12263.503.75$26,710
Jan 202607,91159.138.00$63,272
Dec 202509,27856.664.41$40,947
Nov 202508,24058.593.93$32,354
Oct 202507,64259.383.30$25,256
Sep 202509,00762.743.08$27,714
Aug 202509,34463.933.01$28,170
Jul 2025010,24766.743.32$33,971
Jun 202509,97166.483.13$31,196
May 2025010,18060.553.23$32,905
Apr 2025010,02762.363.54$35,527
Mar 2025011,10067.704.27$47,378
Feb 2025010,14970.884.34$44,055
Jan 2025011,69174.324.28$50,022
Dec 2024011,20368.993.12$34,969
Nov 202409,20869.052.20$20,243
Oct 2024011,47871.372.28$26,186
Sep 2024011,57669.612.36$27,370
Aug 2024011,72375.632.06$24,192
Jul 2024012,85979.932.15$27,603
Jun 2024012,36078.082.63$32,556
May 2024011,45378.812.20$25,179
Apr 2024011,39084.451.66$18,898
Mar 2024012,85980.301.55$19,869
Feb 2024012,17476.091.78$21,714
Jan 2024013,20173.023.30$43,532
Dec 2023013,38471.262.61$34,942
Nov 2023013,20177.892.81$37,063
Oct 2023013,80185.443.09$42,608
Sep 2023012,79989.042.74$35,006
Aug 2023013,62780.522.67$36,423
Jul 2023013,62174.852.64$35,984
Jun 2023013,21468.962.26$29,844
May 2023013,56870.622.23$30,221
Apr 2023012,14878.122.24$27,184
Mar 2023012,92072.852.39$30,920
Feb 202309,44675.112.47$23,291
Jan 2023011,88076.533.39$40,246
Dec 2022012,01876.415.73$68,852
Nov 2022012,43985.005.65$70,233
Oct 2022012,65387.185.86$74,194
Sep 2022012,32684.888.16$100,626
Aug 2022014,16594.529.13$129,286
Jul 2022014,324101.587.54$108,033
Jun 2022013,851115.097.98$110,492
May 2022013,304109.378.43$112,193
Apr 2022012,328104.226.84$84,294
Mar 2022013,367108.885.08$67,856
Feb 2022011,90191.054.86$57,825
Jan 2022014,08781.844.54$63,922
Dec 2021013,66971.323.90$53,297
Nov 2021013,66177.435.24$71,541
Oct 2021014,16579.795.71$80,937
Sep 2021013,37769.865.35$71,579
Aug 2021013,89266.024.22$58,632
Jul 2021014,03470.783.98$55,885
Jun 2021014,14469.493.38$47,815
May 2021014,63063.483.02$44,149
Apr 2021014,04760.362.76$38,748
Mar 2021014,77961.302.72$40,154
Feb 2021011,82257.805.55$65,588
Jan 2021014,90950.412.81$41,898
Dec 2020013,71344.642.68$36,689
Nov 2020013,35638.772.71$36,149
Oct 2020014,48936.972.48$35,910
Sep 2020012,32737.091.99$24,544
Aug 202008,43939.982.39$20,128
Jul 2020016,43938.371.83$30,003
Jun 2020048,80534.901.69$82,496
May 2020026,09016.921.81$47,347
Apr 2020016,36614.751.80$29,530
Mar 2020011,74930.341.86$21,809
Feb 2020014,27849.881.98$28,280
Jan 2020015,06457.252.09$31,555
Dec 2019015,48959.012.30$35,692
Nov 2019015,18955.302.75$41,780
Oct 2019015,44653.472.42$37,357
Sep 2019015,53355.052.66$41,276
Aug 2019016,02553.112.30$36,927
Jul 2019016,45156.272.46$40,470
Jun 2019015,59352.782.49$38,845
May 2019016,30158.482.74$44,670
Apr 2019016,21762.632.75$44,608
Mar 2019017,26456.803.06$52,864
Feb 2019015,82850.852.79$44,195
Jan 2019017,40446.033.23$56,183
Dec 2018018,12646.594.19$75,865
Nov 2018017,17152.934.24$72,758
Oct 2018018,02561.443.40$61,250
Sep 2018017,29459.543.11$53,750
Aug 2018019,78359.403.07$60,666
Jul 2018019,61865.142.93$57,518
Jun 2018020,68360.183.08$63,640
May 2018019,75465.382.90$57,302
Apr 2018019,54963.842.90$56,708
Mar 2018020,42261.222.79$56,913
Feb 2018018,39261.782.77$50,874
Jan 2018021,60162.874.01$86,605
Dec 2017022,45957.272.92$65,614
Nov 2017022,25455.423.12$69,396
Oct 2017023,33249.292.98$69,615
Sep 2017022,11747.523.09$68,281
Aug 2017013,75745.373.00$41,332
Jul 2017012,33343.873.09$38,075
Jun 2017014,46442.493.09$44,654
May 2017015,47345.373.26$50,495
Apr 2017015,52247.933.21$49,850
Mar 2017015,95146.772.98$47,593
Feb 2017016,23750.452.95$47,941
Jan 2017018,58249.413.42$63,528
Dec 2016018,99248.763.72$70,704
Nov 2016016,70442.492.64$44,171
Oct 2016015,35746.193.09$47,457
Sep 2016011,81441.553.10$36,631
Aug 2016016,24241.442.92$47,497
Jul 2016017,82741.622.92$52,132
Jun 2016021,16645.352.69$56,848
May 2016023,00842.521.99$45,810
Apr 2016021,44336.561.99$42,694
Mar 2016011,03733.011.79$19,800
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201502,26432.362.00$4,531
Nov 2015016,32838.792.17$35,388
Oct 2015017,57443.552.43$42,645
Sep 2015017,31542.992.76$47,762
Aug 2015019,14640.162.87$54,997
Jul 2015020,12748.152.95$59,276
Jun 2015019,82056.152.88$57,138
May 2015022,71255.212.96$67,124
Apr 2015022,09949.822.71$59,812
Mar 2015024,43342.892.93$71,704
Feb 2015022,29344.662.98$66,348
Jan 20150043.433.10$0
Dec 20141525,39954.693.59$92,037
Nov 2014025,27170.464.25$107,448
Oct 2014026,75078.303.90$104,351
Sep 2014025,83586.164.05$104,514
Aug 2014026,84289.394.04$108,311
Jul 2014027,66596.564.18$115,629
Jun 2014027,32798.164.74$129,445
May 2014027,78994.734.73$131,346
Apr 2014029,44395.944.81$141,595
Mar 2014030,49095.895.06$154,182
Feb 2014027,92797.406.19$172,924
Jan 2014031,78990.404.86$154,517
Dec 2013029,61691.824.35$128,962
Nov 2013032,23888.853.74$120,515
Oct 2013030,69197.423.78$115,992
Sep 2013031,816104.113.72$118,284
Aug 2013033,021104.253.52$116,320
Jul 2013034,605102.523.72$128,652
Jun 2013034,64794.403.93$136,281
May 2013036,71194.834.15$152,317
Apr 2013036,01093.964.28$154,216
Mar 2013038,00493.623.91$148,705
Feb 2013035,94491.233.42$122,925
Jan 2013042,95891.603.42$146,912
Dec 2012044,75886.773.42$153,080
Nov 2012045,54586.953.62$165,099
Oct 2012048,62289.383.40$165,299
Sep 2012049,53194.672.92$144,551
Aug 2012054,89692.662.91$159,646
Jul 20121662,47985.133.02$190,099
Jun 2012060,70079.822.52$152,906
May 2012063,40391.612.49$157,767
Apr 20121773,511101.652.00$148,515
Mar 20120102,456105.052.22$227,665
Feb 2012057,532101.102.57$147,871
Jan 20120098.092.73$0
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                8,453 Mcf  × $  3.05 =    $25,746

────────────────────────────────────────────────────
Month total                                  $25,746

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/263034 is the state's own key, not one this site invented.