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 263351District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.0 M
Sep 2011 – May 2026
Value, last 12 filed months
$149 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
CondensateDisposition3,114 bbl$261,919
GasProduction1,079,125 Mcf$3,732,225
Total$3,994,144

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 202603,963106.413.05$12,071
Apr 202603,55398.932.87$10,196
Mar 202602,29189.753.15$7,215
Feb 202632,04763.503.75$7,867
Jan 202602,55259.138.00$20,411
Dec 202503,54356.664.41$15,637
Nov 2025103,71758.593.93$15,180
Oct 202504,20159.383.30$13,884
Sep 202544,00662.743.08$12,577
Aug 202503,40063.933.01$10,250
Jul 202513,54366.743.32$11,812
Jun 202503,85866.483.13$12,071
May 202514,26260.553.23$13,837
Apr 202504,33362.363.54$15,352
Mar 202503,82967.704.27$16,343
Feb 202503,43370.884.34$14,902
Jan 202504,00274.324.28$17,123
Dec 202404,47168.993.12$13,956
Nov 202492,87669.052.20$6,944
Oct 2024474,31271.372.28$13,192
Sep 202404,09369.612.36$9,677
Aug 202414,12175.632.06$8,580
Jul 202404,63679.932.15$9,952
Jun 2024404,75178.082.63$15,637
May 202403,84978.812.20$8,462
Apr 202403,98084.451.66$6,604
Mar 2024324,70480.301.55$9,838
Feb 202404,58476.091.78$8,176
Jan 202403,94673.023.30$13,013
Dec 202304,97671.262.61$12,991
Nov 202304,80277.892.81$13,482
Oct 2023724,86485.443.09$21,168
Sep 202304,43789.042.74$12,135
Aug 202304,68480.522.67$12,520
Jul 202304,15474.852.64$10,974
Jun 202304,33868.962.26$9,797
May 202304,53070.622.23$10,090
Apr 202304,69578.122.24$10,506
Mar 2023294,69072.852.39$13,337
Feb 202304,18875.112.47$10,326
Jan 202304,50476.533.39$15,258
Dec 202204,37076.415.73$25,036
Nov 202205,51785.005.65$31,150
Oct 202202,98887.185.86$17,521
Sep 202203,96584.888.16$32,369
Aug 202204,13694.529.13$37,750
Jul 202204,046101.587.54$30,515
Jun 202203,568115.097.98$28,463
May 202202,004109.378.43$16,900
Apr 2022263,907104.226.84$29,424
Mar 202203,503108.885.08$17,783
Feb 202203,37091.054.86$16,374
Jan 202204,55781.844.54$20,678
Dec 202104,81971.323.90$18,790
Nov 202104,94977.435.24$25,917
Oct 202105,25579.795.71$30,026
Sep 202103,57169.865.35$19,108
Aug 202103,50366.024.22$14,785
Jul 202106,47070.783.98$25,764
Jun 202105,31869.493.38$17,978
May 202104,34163.483.02$13,100
Apr 202104,78160.362.76$13,188
Mar 202104,88861.302.72$13,280
Feb 202102,80457.805.55$15,556
Jan 202105,63750.412.81$15,841
Dec 202002,62844.642.68$7,031
Nov 202005,36438.772.71$14,518
Oct 202005,23436.972.48$12,972
Sep 202004,23837.091.99$8,438
Aug 202003,72639.982.39$8,887
Jul 202003,45738.371.83$6,309
Jun 202005,26334.901.69$8,896
May 202006,17816.921.81$11,212
Apr 202005,27614.751.80$9,520
Mar 202005,81530.341.86$10,794
Feb 202005,56249.881.98$11,016
Jan 202005,91657.252.09$12,392
Dec 201906,40459.012.30$14,757
Nov 201906,05355.302.75$16,650
Oct 201906,91453.472.42$16,722
Sep 201906,51255.052.66$17,304
Aug 201907,19253.112.30$16,573
Jul 20191036,39656.272.46$21,530
Jun 201906,62452.782.49$16,502
May 201907,29058.482.74$19,977
Apr 2019806,53362.632.75$22,981
Mar 201906,98256.803.06$21,380
Feb 201905,65650.852.79$15,793
Jan 201907,21246.033.23$23,282
Dec 201806,99846.594.19$29,290
Nov 201807,77152.934.24$32,928
Oct 201807,40061.443.40$25,146
Sep 20181149,46559.543.11$36,205
Aug 201806,87259.403.07$21,073
Jul 201806,98665.142.93$20,482
Jun 2018437,36060.183.08$25,234
May 201806,12765.382.90$17,773
Apr 201807,76963.842.90$22,536
Mar 201807,64761.222.79$21,311
Feb 201805,23361.782.77$14,475
Jan 201804,90362.874.01$19,658
Dec 201707,97857.272.92$23,308
Nov 201705,35455.423.12$16,696
Oct 201707,84349.292.98$23,401
Sep 2017306,73947.523.09$22,231
Aug 201705,40945.373.00$16,251
Jul 201705,39143.873.09$16,644
Jun 201703,98142.493.09$12,290
May 201704,63345.373.26$15,119
Apr 20170047.933.21$0
Mar 201702,71546.772.98$8,101
Feb 201704,49950.452.95$13,284
Jan 201703,64949.413.42$12,475
Dec 201601,26348.763.72$4,702
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 20160536.561.99$10
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015040342.992.76$1,112
Aug 20150040.162.87$0
Jul 2015044248.152.95$1,302
Jun 2015066956.152.88$1,929
May 201502,94055.212.96$8,689
Apr 20151055,38449.822.71$19,803
Mar 201505,86142.892.93$17,200
Feb 201504,43944.662.98$13,211
Jan 2015506,46343.433.10$22,211
Dec 201407,75854.693.59$27,862
Nov 201408,07070.464.25$34,312
Oct 20141487,37978.303.90$40,374
Sep 2014012,49986.164.05$50,564
Aug 2014012,54689.394.04$50,625
Jul 2014012,96696.564.18$54,193
Jun 20141208,54698.164.74$52,261
May 2014013,36694.734.73$63,175
Apr 2014015,10695.944.81$72,647
Mar 201415213,03995.895.06$80,511
Feb 2014013,45597.406.19$83,313
Jan 2014016,51990.404.86$80,294
Dec 20138812,87791.824.35$64,153
Nov 201315711,45588.853.74$56,771
Oct 2013013,36397.423.78$50,504
Sep 201316815,763104.113.72$76,093
Aug 2013017,483104.253.52$61,586
Jul 201316219,323102.523.72$88,446
Jun 201306,89294.403.93$27,109
May 2013011,31794.834.15$46,955
Apr 201316719,70593.964.28$100,080
Mar 201318823,48893.623.91$109,506
Feb 2013019,21791.233.42$65,720
Jan 2013014,85491.603.42$50,799
Dec 201202,77386.773.42$9,484
Nov 201207,43186.953.62$26,937
Oct 20121727,35089.383.40$40,361
Sep 2012021,69994.672.92$63,326
Aug 201218126,98492.662.91$95,245
Jul 201234426,08185.133.02$108,070
Jun 201218828,99879.822.52$88,053
May 20127931,36491.612.49$85,281
Apr 20120567101.652.00$1,132
Mar 2012056105.052.22$124
Feb 2012021,834101.102.57$56,119
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

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                3,963 Mcf  × $  3.05 =    $12,071

────────────────────────────────────────────────────
Month total                                  $12,071

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/263351 is the state's own key, not one this site invented.