JOHNSON, BEN

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 263202District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
176
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
CondensateDisposition6,753 bbl$518,569
GasProduction1,532,526 Mcf$5,102,598
Total$5,621,167

Every month this lease reported (176)

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

176 months

May 202607,312106.413.05$22,271
Apr 202606,69398.932.87$19,207
Mar 2026466,77389.753.15$25,460
Feb 202606,33863.503.75$23,770
Jan 2026187,18459.138.00$58,521
Dec 202506,57156.664.41$29,000
Nov 202506,61658.593.93$25,977
Oct 202506,94059.383.30$22,936
Sep 2025246,78462.743.08$22,380
Aug 202506,80663.933.01$20,518
Jul 202506,89266.743.32$22,848
Jun 2025216,52866.483.13$21,820
May 202506,62160.553.23$21,401
Apr 2025206,37362.363.54$23,828
Mar 202506,87967.704.27$29,362
Feb 202506,44670.884.34$27,981
Jan 2025227,17274.324.28$32,322
Dec 2024197,06168.993.12$23,351
Nov 202407,15369.052.20$15,725
Oct 202407,41071.372.28$16,905
Sep 202407,11269.612.36$16,815
Aug 202407,72075.632.06$15,931
Jul 202407,24379.932.15$15,548
Jun 202407,08978.082.63$18,672
May 202407,47978.812.20$16,442
Apr 202407,25084.451.66$12,029
Mar 202457,55180.301.55$12,069
Feb 202407,04076.091.78$12,557
Jan 202407,81573.023.30$25,771
Dec 2023627,61271.262.61$24,291
Nov 202306,98077.892.81$19,597
Oct 202307,04285.443.09$21,741
Sep 202306,96289.042.74$19,041
Aug 2023576,74280.522.67$22,610
Jul 202307,25974.852.64$19,177
Jun 202307,05768.962.26$15,938
May 2023697,42170.622.23$21,402
Apr 202307,28878.122.24$16,309
Mar 2023726,40572.852.39$20,573
Feb 202307,75475.112.47$19,119
Jan 202307,93676.533.39$26,885
Dec 202207,76576.415.73$44,486
Nov 202207,08085.005.65$39,975
Oct 202207,52587.185.86$44,125
Sep 202207,20284.888.16$58,795
Aug 202207,31294.529.13$66,738
Jul 202208,145101.587.54$61,430
Jun 202207,382115.097.98$58,888
May 202207,859109.378.43$66,275
Apr 20221307,612104.226.84$65,596
Mar 2022407,391108.885.08$41,875
Feb 202206,95091.054.86$33,769
Jan 202207,96181.844.54$36,124
Dec 202107,64771.323.90$29,817
Nov 202107,51177.435.24$39,334
Oct 202107,50179.795.71$42,860
Sep 202106,52669.865.35$34,920
Aug 202107,03266.024.22$29,679
Jul 2021597,40870.783.98$33,675
Jun 202108,44969.493.38$28,563
May 202107,76263.483.02$23,423
Apr 2021287,74460.362.76$23,051
Mar 202108,04761.302.72$21,863
Feb 202107,20757.805.55$39,984
Jan 202107,45350.412.81$20,945
Dec 2020637,72744.642.68$23,486
Nov 202008,26938.772.71$22,381
Oct 202009,10236.972.48$22,559
Sep 202007,79037.091.99$15,510
Aug 202008,28939.982.39$19,770
Jul 202009,05738.371.83$16,530
Jun 20201048,37934.901.69$17,793
May 202008,19216.921.81$14,866
Apr 202008,45014.751.80$15,247
Mar 20201027,32530.341.86$16,692
Feb 202006,64849.881.98$13,167
Jan 202006,89757.252.09$14,447
Dec 201906,99959.012.30$16,128
Nov 201906,10055.302.75$16,779
Oct 201906,39553.472.42$15,467
Sep 201907,00155.052.66$18,604
Aug 201907,78253.112.30$17,933
Jul 20191458,78256.272.46$29,763
Jun 201908,48652.782.49$21,140
May 201908,98658.482.74$24,625
Apr 201908,62662.632.75$23,728
Mar 201909,36356.803.06$28,670
Feb 201908,07650.852.79$22,550
Jan 201909,26746.033.23$29,916
Dec 20181158,48946.594.19$40,888
Nov 201809,51252.934.24$40,305
Oct 201809,16261.443.40$31,133
Sep 201809,20059.543.11$28,594
Aug 201809,15259.403.07$28,065
Jul 20181789,11065.142.93$38,304
Jun 201898,77060.183.08$27,526
May 201808,51565.382.90$24,700
Apr 201808,09663.842.90$23,485
Mar 201808,44361.222.79$23,529
Feb 201807,20861.782.77$19,938
Jan 201818210,82062.874.01$54,823
Dec 201708,10257.272.92$23,670
Nov 201707,86455.423.12$24,523
Oct 201708,20149.292.98$24,469
Sep 201707,97847.523.09$24,630
Aug 201708,38245.373.00$25,183
Jul 2017010,12943.873.09$31,271
Jun 201709,65242.493.09$29,798
May 201708,87045.373.26$28,946
Apr 20171679,17247.933.21$37,461
Mar 2017010,20646.772.98$30,451
Feb 201709,01850.452.95$26,627
Jan 2017010,40649.413.42$35,576
Dec 2016808,79748.763.72$36,651
Nov 2016488,07342.492.64$23,387
Oct 201608,90046.193.09$27,503
Sep 20161638,48541.553.10$33,082
Aug 201608,82241.442.92$25,799
Jul 201609,50341.622.92$27,790
Jun 201608,62045.352.69$23,152
May 201609,89242.521.99$19,695
Apr 201609,56036.561.99$19,034
Mar 20161579,47133.011.79$22,174
Feb 201609,38226.472.06$19,361
Jan 201609,69627.352.36$22,925
Dec 201509,86232.362.00$19,738
Nov 20151799,00638.792.17$26,462
Oct 2015011,27243.552.43$27,352
Sep 2015010,32942.992.76$28,492
Aug 2015010,39740.162.87$29,865
Jul 2015010,33648.152.95$30,440
Jun 201509,37856.152.88$27,035
May 201518410,38955.212.96$40,863
Apr 2015011,97649.822.71$32,414
Mar 2015015,79642.892.93$46,357
Feb 201518112,38244.662.98$44,935
Jan 2015010,98443.433.10$34,057
Dec 20141939,42054.693.59$44,386
Nov 2014010,71770.464.25$45,567
Oct 201409,49378.303.90$37,032
Sep 2014010,15586.164.05$41,081
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140598.164.74$24
May 20141684,82394.734.73$38,711
Apr 2014014,42195.944.81$69,352
Mar 201419115,46195.895.06$96,498
Feb 201419012,14997.406.19$93,733
Jan 2014013,64190.404.86$66,305
Dec 201318310,66391.824.35$63,235
Nov 2013014,71588.853.74$55,009
Oct 201316915,22797.423.78$74,012
Sep 2013010,725104.113.72$39,873
Aug 201301,498104.253.52$5,277
Jul 2013657,622102.523.72$35,000
Jun 201307,77994.403.93$30,598
May 2013010794.834.15$444
Apr 20131669,13893.964.28$54,732
Mar 201317811,49093.623.91$61,623
Feb 201306,05391.233.42$20,701
Jan 201318911,84591.603.42$57,821
Dec 20120786.773.42$24
Nov 20121619,12686.953.62$47,080
Oct 201218015,88389.383.40$70,086
Sep 201217811,90694.672.92$51,598
Aug 201218016,43592.662.91$64,474
Jul 201236717,20085.133.02$83,200
Jun 201218018,01079.822.52$59,736
May 201216815,67891.612.49$54,402
Apr 201218015,709101.652.00$49,665
Mar 2012017,323105.052.22$38,493
Feb 201200101.102.57$0
Jan 201217112,55698.092.73$51,103
Dec 201136823,42696.873.24$111,542
Nov 201117926,91695.723.31$106,260
Oct 201107,67184.983.65$27,988

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                7,312 Mcf  × $  3.05 =    $22,271

────────────────────────────────────────────────────
Month total                                  $22,271

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/263202 is the state's own key, not one this site invented.