CHRISTINE'S LUCKY DRAW

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 263456District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Sep 2011 – May 2026
Value, last 12 filed months
$150 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
CondensateDisposition9,520 bbl$808,614
GasProduction1,237,243 Mcf$4,128,840
Total$4,937,453

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 202603,169106.413.05$9,652
Apr 202602,94598.932.87$8,451
Mar 2026203,18289.753.15$11,817
Feb 202602,70263.503.75$10,133
Jan 202652,91459.138.00$23,602
Dec 202503,15456.664.41$13,920
Nov 202503,26758.593.93$12,828
Oct 202573,71559.383.30$12,693
Sep 202503,57662.743.08$11,003
Aug 202504,01063.933.01$12,089
Jul 202503,70266.743.32$12,273
Jun 2025103,41866.483.13$11,359
May 202503,58960.553.23$11,601
Apr 202553,76162.363.54$13,637
Mar 202504,22267.704.27$18,021
Feb 202503,69470.884.34$16,035
Jan 202553,80974.324.28$16,669
Dec 202454,08368.993.12$13,090
Nov 202404,16169.052.20$9,148
Oct 202404,21871.372.28$9,623
Sep 202444,13869.612.36$10,062
Aug 202404,40575.632.06$9,090
Jul 202404,53879.932.15$9,741
Jun 202424,57078.082.63$12,193
May 202404,41278.812.20$9,700
Apr 202464,44184.451.66$7,875
Mar 202404,29580.301.55$6,636
Feb 2024173,97176.091.78$8,376
Jan 202404,61673.023.30$15,222
Dec 2023234,64071.262.61$13,753
Nov 202344,43377.892.81$12,757
Oct 202304,49385.443.09$13,871
Sep 202334,53989.042.74$12,681
Aug 202304,64880.522.67$12,424
Jul 202305,05774.852.64$13,360
Jun 202324,71468.962.26$10,784
May 202334,42070.622.23$10,057
Apr 202303,68078.122.24$8,235
Mar 202383,29172.852.39$8,459
Feb 202302,79275.112.47$6,884
Jan 202303,64976.533.39$12,362
Dec 202294,03176.415.73$23,782
Nov 202284,46185.005.65$25,868
Oct 202204,54687.185.86$26,657
Sep 202204,13984.888.16$33,789
Aug 202204,69994.529.13$42,889
Jul 202204,733101.587.54$35,697
Jun 202203,765115.097.98$30,034
May 202204,521109.378.43$38,126
Apr 2022604,311104.226.84$35,730
Mar 202204,861108.885.08$24,676
Feb 202204,36391.054.86$21,199
Jan 202204,85281.844.54$22,017
Dec 202104,60471.323.90$17,952
Nov 202104,48777.435.24$23,498
Oct 202104,55279.795.71$26,010
Sep 202104,63769.865.35$24,812
Aug 202104,70566.024.22$19,858
Jul 202104,92970.783.98$19,628
Jun 202104,54069.493.38$15,348
May 202104,93863.483.02$14,901
Apr 202105,23360.362.76$14,435
Mar 202105,43461.302.72$14,764
Feb 202104,06257.805.55$22,536
Jan 202103,91450.412.81$10,999
Dec 202004,22444.642.68$11,301
Nov 202004,00138.772.71$10,829
Oct 202004,13836.972.48$10,256
Sep 202004,60337.091.99$9,165
Aug 202004,82539.982.39$11,508
Jul 202004,64238.371.83$8,472
Jun 202005,32234.901.69$8,996
May 202005,49716.921.81$9,976
Apr 202005,15614.751.80$9,303
Mar 2020754,96930.341.86$11,499
Feb 202004,90349.881.98$9,711
Jan 202005,31257.252.09$11,127
Dec 201905,37159.012.30$12,377
Nov 201905,34855.302.75$14,711
Oct 201905,09953.472.42$12,332
Sep 201904,89455.052.66$13,005
Aug 201905,60153.112.30$12,907
Jul 201905,16156.272.46$12,696
Jun 201904,81752.782.49$12,000
May 201904,87758.482.74$13,365
Apr 201905,25962.632.75$14,466
Mar 201905,60256.803.06$17,154
Feb 201905,11150.852.79$14,271
Jan 201905,88646.033.23$19,001
Dec 201805,78646.594.19$24,217
Nov 201805,93552.934.24$25,148
Oct 201804,77461.443.40$16,222
Sep 201804,62259.543.11$14,365
Aug 201809,15559.403.07$28,074
Jul 201805,75565.142.93$16,873
Jun 2018385,39060.183.08$18,871
May 201805,63365.382.90$16,340
Apr 201805,18663.842.90$15,044
Mar 2018435,32961.222.79$17,484
Feb 201805,34061.782.77$14,771
Jan 20181526,67962.874.01$36,334
Dec 201705,66157.272.92$16,539
Nov 201705,83255.423.12$18,186
Oct 201706,32249.292.98$18,863
Sep 2017666,21147.523.09$22,311
Aug 201706,67445.373.00$20,051
Jul 201707,06343.873.09$21,805
Jun 201706,73742.493.09$20,799
May 201701345.373.26$42
Apr 201704847.933.21$154
Mar 2017060346.772.98$1,799
Feb 201702,38350.452.95$7,036
Jan 201706,50349.413.42$22,232
Dec 201606,56748.763.72$24,448
Nov 20161758,11742.492.64$28,900
Oct 201607,77546.193.09$24,027
Sep 201607,76941.553.10$24,089
Aug 201608,90541.442.92$26,041
Jul 201609,44241.622.92$27,612
Jun 20161768,18745.352.69$29,970
May 2016010,67142.521.99$21,246
Apr 2016010,83536.561.99$21,573
Mar 201618211,29433.011.79$26,269
Feb 201602126.472.06$43
Jan 2016011,58227.352.36$27,384
Dec 201517211,82632.362.00$29,235
Nov 201509,87338.792.17$21,398
Oct 201517411,57343.552.43$35,661
Sep 2015010,16342.992.76$28,034
Aug 2015819,14140.162.87$29,510
Jul 201509,29048.152.95$27,360
Jun 201509,97056.152.88$28,742
May 20151756,96555.212.96$30,246
Apr 2015010,73549.822.71$29,055
Mar 201517510,44242.892.93$38,150
Feb 2015010,07344.662.98$29,979
Jan 2015010,57443.433.10$32,786
Dec 201418211,21054.693.59$50,213
Nov 2014011,88670.464.25$50,537
Oct 201418012,22278.303.90$61,772
Sep 2014013,06786.164.05$52,862
Aug 2014013,45589.394.04$54,293
Jul 201417412,97496.564.18$71,028
Jun 201418512,84998.164.74$79,024
May 2014013,59594.734.73$64,258
Apr 201417913,77095.944.81$83,395
Mar 2014013,63295.895.06$68,934
Feb 201418013,82697.406.19$103,143
Jan 2014014,88090.404.86$72,328
Dec 201318214,59391.824.35$80,256
Nov 201318014,65888.853.74$70,789
Oct 2013013,72197.423.78$51,857
Sep 201318610,418104.113.72$58,096
Aug 201318210,629104.253.52$56,415
Jul 201308,995102.523.72$33,441
Jun 201317710,10094.403.93$56,436
May 2013010,45294.834.15$43,366
Apr 201318210,37993.964.28$61,550
Mar 201318710,54093.623.91$58,749
Feb 2013010,58991.233.42$36,213
Jan 201328912,46291.603.42$69,091
Dec 201215411,18086.773.42$51,600
Nov 201217712,15286.953.62$59,441
Oct 201218413,46889.383.40$62,233
Sep 201217812,05094.672.92$52,018
Aug 201236513,85592.662.91$74,113
Jul 201218515,12185.133.02$61,427
Jun 201236815,90179.822.52$69,429
May 201236019,07391.612.49$80,439
Apr 201236619,477101.652.00$76,096
Mar 201235822,961105.052.22$88,629
Feb 201253921,677101.102.57$110,208
Jan 201289327,90998.092.73$163,900
Dec 20118581,12596.873.24$86,759
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                3,169 Mcf  × $  3.05 =     $9,652

────────────────────────────────────────────────────
Month total                                   $9,652

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/263456 is the state's own key, not one this site invented.