BEDINGER-SOUTH

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 263345District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Sep 2011 – May 2026
Value, last 12 filed months
$196 k
at the published price for each month
Months reported
177
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
CondensateDisposition5,774 bbl$456,150
GasProduction1,323,870 Mcf$4,356,200
Total$4,812,350

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 202604,395106.413.05$13,386
Apr 2026653,89098.932.87$17,594
Mar 202603,85289.753.15$12,132
Feb 2026103,59663.503.75$14,121
Jan 202603,77659.138.00$30,200
Dec 202504,02656.664.41$17,768
Nov 2025364,09158.593.93$18,172
Oct 202504,57559.383.30$15,120
Sep 2025204,42062.743.08$14,855
Aug 202504,43463.933.01$13,367
Jul 2025114,32266.743.32$15,062
Jun 202504,45766.483.13$13,945
May 202504,50760.553.23$14,568
Apr 2025104,61562.363.54$16,975
Mar 2025294,67767.704.27$21,926
Feb 202504,09270.884.34$17,763
Jan 202504,66074.324.28$19,939
Dec 202404,78768.993.12$14,942
Nov 2024464,30169.052.20$12,632
Oct 2024354,82071.372.28$13,494
Sep 202404,74669.612.36$11,221
Aug 202405,27775.632.06$10,890
Jul 202405,47979.932.15$11,761
Jun 2024345,80278.082.63$17,937
May 202404,70478.812.20$10,341
Apr 202404,67984.451.66$7,763
Mar 2024284,91980.301.55$9,849
Feb 202404,82576.091.78$8,606
Jan 202405,15073.023.30$16,983
Dec 202305,19571.262.61$13,563
Nov 202305,20777.892.81$14,619
Oct 2023725,18485.443.09$22,156
Sep 202304,96689.042.74$13,582
Aug 202304,93680.522.67$13,193
Jul 202304,83074.852.64$12,760
Jun 202304,84968.962.26$10,951
May 202304,97970.622.23$11,090
Apr 202305,06478.122.24$11,332
Mar 2023294,68472.852.39$13,322
Feb 202304,51275.112.47$11,125
Jan 202304,67276.533.39$15,827
Dec 202205,39376.415.73$30,897
Nov 202205,48485.005.65$30,964
Oct 202204,79587.185.86$28,117
Sep 202204,97384.888.16$40,598
Aug 202205,29994.529.13$48,365
Jul 202204,943101.587.54$37,281
Jun 202204,999115.097.98$39,878
May 202205,181109.378.43$43,692
Apr 2022355,178104.226.84$39,053
Mar 202205,598108.885.08$28,418
Feb 202205,06491.054.86$24,605
Jan 202203,58181.844.54$16,249
Dec 202105,53871.323.90$21,593
Nov 202106,31877.435.24$33,086
Oct 202106,70879.795.71$38,329
Sep 202104,68369.865.35$25,058
Aug 202105,80966.024.22$24,517
Jul 202105,97670.783.98$23,797
Jun 202106,27769.493.38$21,220
May 202105,95063.483.02$17,955
Apr 202106,14960.362.76$16,962
Mar 202106,16761.302.72$16,755
Feb 202105,15057.805.55$28,572
Jan 202106,61650.412.81$18,593
Dec 202004,39944.642.68$11,769
Nov 202005,38438.772.71$14,572
Oct 202005,57936.972.48$13,827
Sep 202004,54337.091.99$9,045
Aug 202004,05839.982.39$9,679
Jul 202005,98438.371.83$10,922
Jun 202005,73134.901.69$9,687
May 202006,01116.921.81$10,908
Apr 20201055,77114.751.80$11,962
Mar 202006,08730.341.86$11,299
Feb 202005,55049.881.98$10,993
Jan 202006,22957.252.09$13,048
Dec 20191486,44159.012.30$23,576
Nov 201905,87955.302.75$16,171
Oct 201906,30853.472.42$15,256
Sep 201905,86755.052.66$15,590
Aug 201905,88053.112.30$13,550
Jul 2019815,84356.272.46$18,932
Jun 201905,27052.782.49$13,129
May 201905,75758.482.74$15,776
Apr 20191086,37062.632.75$24,286
Mar 201906,38056.803.06$19,536
Feb 201906,10750.852.79$17,052
Jan 201906,78246.033.23$21,894
Dec 20181057,25246.594.19$35,245
Nov 201807,62252.934.24$32,296
Oct 20181167,41961.443.40$32,337
Sep 201804,41259.543.11$13,713
Aug 201807,03859.403.07$21,582
Jul 201807,15465.142.93$20,975
Jun 201806,69460.183.08$20,597
May 201806,86165.382.90$19,902
Apr 201806,55863.842.90$19,023
Mar 20181776,99561.222.79$30,330
Feb 2018456,39861.782.77$20,478
Jan 201806,61262.874.01$26,510
Dec 201706,88457.272.92$20,112
Nov 201706,73955.423.12$21,015
Oct 201706,02349.292.98$17,971
Sep 20171596,27247.523.09$26,919
Aug 201707,17745.373.00$21,563
Jul 201706,72843.873.09$20,771
Jun 201707,58242.493.09$23,408
May 201708,14945.373.26$26,593
Apr 2017029947.933.21$960
Mar 201706,72146.772.98$20,053
Feb 201707,89750.452.95$23,317
Jan 2017014,22849.413.42$48,643
Dec 2016727,56648.763.72$31,678
Nov 20160742.492.64$19
Oct 20160046.193.09$0
Sep 201605,93941.553.10$18,415
Aug 20161826,53241.442.92$26,644
Jul 201609,36441.622.92$27,384
Jun 20160045.352.69$0
May 201609,92842.521.99$19,767
Apr 201609,51136.561.99$18,937
Mar 201608,74633.011.79$15,690
Feb 2016469,21226.472.06$20,228
Jan 2016011,36527.352.36$26,871
Dec 2015011,63132.362.00$23,278
Nov 201517111,86838.792.17$32,355
Oct 2015012,62843.552.43$30,643
Sep 201508,70642.992.76$24,015
Aug 201509,11740.162.87$26,188
Jul 201508,99948.152.95$26,503
Jun 201502,80056.152.88$8,072
May 201505,18455.212.96$15,321
Apr 2015765,32949.822.71$18,210
Mar 2015416,23742.892.93$20,062
Feb 201505,45444.662.98$16,232
Jan 20151425,88643.433.10$24,417
Dec 201406,00454.693.59$21,563
Nov 201405,97870.464.25$25,418
Oct 20141235,16578.303.90$29,779
Sep 201408,62886.164.05$34,904
Aug 201409,38889.394.04$37,882
Jul 201409,51296.564.18$39,756
Jun 201414910,00798.164.74$62,028
May 2014010,67194.734.73$50,437
Apr 2014010,04395.944.81$48,298
Mar 201417010,73295.895.06$70,571
Feb 2014010,56697.406.19$65,425
Jan 2014011,27190.404.86$54,785
Dec 201316810,78091.824.35$62,367
Nov 20135711,65888.853.74$48,645
Oct 201319013,28997.423.78$68,734
Sep 2013012,635104.113.72$46,974
Aug 2013013,561104.253.52$47,770
Jul 201313013,306102.523.72$62,796
Jun 201316512,92794.403.93$66,423
May 2013013,84594.834.15$57,444
Apr 20131589,70493.964.28$56,404
Mar 201316911,26193.623.91$59,885
Feb 2013011,19891.233.42$38,296
Jan 20131709,66591.603.42$48,625
Dec 2012018,88286.773.42$64,579
Nov 201216318,38386.953.62$80,810
Oct 201217621,21389.383.40$87,848
Sep 201218119,84194.672.92$75,039
Aug 201218820,67992.662.91$77,558
Jul 201218321,15685.133.02$79,487
Jun 2012022,00279.822.52$55,424
May 201230624,92291.612.49$90,047
Apr 201214427,388101.652.00$69,326
Mar 201237635,421105.052.22$118,207
Feb 201217441,061101.102.57$123,128
Jan 201202,41498.092.73$6,600
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$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                4,395 Mcf  × $  3.05 =    $13,386

────────────────────────────────────────────────────
Month total                                  $13,386

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/263345 is the state's own key, not one this site invented.