BENBROOK UNIT "A" 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 263498District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.6 M
Sep 2011 – May 2026
Value, last 12 filed months
$308 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
CondensateDisposition136 bbl$10,072
GasProduction3,198,242 Mcf$10,598,506
Total$10,608,578

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 202606,090106.413.05$18,549
Apr 202606,42098.932.87$18,424
Mar 202606,78789.753.15$21,375
Feb 202606,51663.503.75$24,437
Jan 202606,02659.138.00$48,195
Dec 202506,48856.664.41$28,634
Nov 202506,26458.593.93$24,595
Oct 202507,02759.383.30$23,223
Sep 202508,18962.743.08$25,197
Aug 202508,72263.933.01$26,295
Jul 202507,74966.743.32$25,689
Jun 202507,58366.483.13$23,725
May 202506,90660.553.23$22,322
Apr 202506,86462.363.54$24,320
Mar 202507,11967.704.27$30,386
Feb 202506,45770.884.34$28,029
Jan 202507,62674.324.28$32,629
Dec 202408,12968.993.12$25,374
Nov 202406,32269.052.20$13,899
Oct 202406,51671.372.28$14,866
Sep 202406,11269.612.36$14,451
Aug 202405,43375.632.06$11,212
Jul 202405,64279.932.15$12,111
Jun 202405,25678.082.63$13,844
May 202406,53578.812.20$14,367
Apr 202406,85184.451.66$11,367
Mar 202407,22180.301.55$11,157
Feb 202406,43976.091.78$11,485
Jan 202408,27573.023.30$27,288
Dec 202308,24871.262.61$21,533
Nov 202308,46877.892.81$23,774
Oct 202307,68185.443.09$23,713
Sep 202308,38589.042.74$22,933
Aug 202307,94480.522.67$21,233
Jul 202308,01974.852.64$21,185
Jun 202308,11768.962.26$18,332
May 202308,33070.622.23$18,554
Apr 202309,10278.122.24$20,368
Mar 202308,72372.852.39$20,876
Feb 202307,36775.112.47$18,165
Jan 202308,89876.533.39$30,144
Dec 202208,39476.415.73$48,090
Nov 202208,58485.005.65$48,467
Oct 202209,22287.185.86$54,076
Sep 202208,79784.888.16$71,816
Aug 202209,36694.529.13$85,485
Jul 202209,272101.587.54$69,930
Jun 202208,768115.097.98$69,944
May 202209,431109.378.43$79,532
Apr 202208,823104.226.84$60,328
Mar 202209,658108.885.08$49,028
Feb 202209,00891.054.86$43,768
Jan 202208,97581.844.54$40,726
Dec 202108,93671.323.90$34,843
Nov 202108,47677.435.24$44,388
Oct 202109,33279.795.71$53,322
Sep 202109,03569.865.35$48,346
Aug 202108,71266.024.22$36,770
Jul 202109,26970.783.98$36,910
Jun 202108,62669.493.38$29,161
May 202108,63663.483.02$26,061
Apr 202108,13560.362.76$22,440
Mar 202109,98461.302.72$27,126
Feb 202108,56257.805.55$47,502
Jan 202108,78550.412.81$24,688
Dec 202009,52244.642.68$25,476
Nov 202009,07438.772.71$24,559
Oct 202009,96936.972.48$24,707
Sep 2020010,48737.091.99$20,880
Aug 202009,41239.982.39$22,449
Jul 2020010,44938.371.83$19,071
Jun 202003,05934.901.69$5,171
May 2020017,95916.921.81$32,591
Apr 2020016,51414.751.80$29,798
Mar 202008,18530.341.86$15,193
Feb 202009,20749.881.98$18,236
Jan 2020010,14057.252.09$21,241
Dec 201908,91259.012.30$20,536
Nov 2019011,83355.302.75$32,549
Oct 201908,43653.472.42$20,403
Sep 2019012,32555.052.66$32,751
Aug 2019012,86653.112.30$29,648
Jul 2019013,59756.272.46$33,449
Jun 2019013,02452.782.49$32,445
May 2019012,36058.482.74$33,870
Apr 2019012,21562.632.75$33,600
Mar 2019012,94456.803.06$39,636
Feb 2019012,28250.852.79$34,294
Jan 2019020,47046.033.23$66,081
Dec 2018014,62046.594.19$61,191
Nov 2018010,44552.934.24$44,258
Oct 2018015,64361.443.40$53,156
Sep 201804,83459.543.11$15,024
Aug 2018016,49759.403.07$50,589
Jul 2018017,60165.142.93$51,604
Jun 2018020,91860.183.08$64,363
May 2018019,32665.382.90$56,061
Apr 2018019,51763.842.90$56,615
Mar 2018015,51061.222.79$43,224
Feb 201803,24661.782.77$8,979
Jan 201802,89462.874.01$11,603
Dec 201702,73257.272.92$7,982
Nov 201701,85655.423.12$5,788
Oct 201701,30449.292.98$3,891
Sep 2017012,59547.523.09$38,884
Aug 20174816,93945.373.00$53,069
Jul 2017015,42143.873.09$47,609
Jun 2017016,07842.493.09$49,637
May 2017017,23245.373.26$56,235
Apr 2017017,15947.933.21$55,108
Mar 2017017,98646.772.98$53,664
Feb 2017015,96050.452.95$47,124
Jan 2017014,10249.413.42$48,212
Dec 2016018,25548.763.72$67,960
Nov 2016018,64342.492.64$49,299
Oct 2016019,54546.193.09$60,399
Sep 2016020,28641.553.10$62,899
Aug 2016019,08441.442.92$55,808
Jul 2016019,19341.622.92$56,127
Jun 2016019,71145.352.69$52,940
May 2016022,44742.521.99$44,693
Apr 2016023,71536.561.99$47,218
Mar 2016014,87533.011.79$26,686
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201501,65532.362.00$3,312
Nov 2015019,94038.792.17$43,217
Oct 2015021,89143.552.43$53,120
Sep 2015021,35242.992.76$58,898
Aug 2015022,50140.162.87$64,634
Jul 2015023,22748.152.95$68,405
Jun 2015022,75156.152.88$65,588
May 2015024,77155.212.96$73,209
Apr 2015024,98249.822.71$67,616
Mar 2015026,37542.892.93$77,403
Feb 2015024,86944.662.98$74,015
Jan 2015028,39543.433.10$88,042
Dec 20141829,51854.693.59$106,994
Nov 2014029,10370.464.25$123,741
Oct 2014031,08678.303.90$121,265
Sep 2014030,63486.164.05$123,928
Aug 2014032,85189.394.04$132,558
Jul 2014033,54796.564.18$140,213
Jun 2014032,39998.164.74$153,470
May 2014035,39294.734.73$167,282
Apr 2014035,26695.944.81$169,598
Mar 2014036,21495.895.06$183,127
Feb 2014035,05897.406.19$217,079
Jan 2014042,18190.404.86$205,030
Dec 2013043,00491.824.35$187,260
Nov 2013042,18088.853.74$157,681
Oct 2013043,51697.423.78$164,463
Sep 2013039,895104.113.72$148,319
Aug 201304,245104.253.52$14,953
Jul 2013018,419102.523.72$68,477
Jun 2013024,87394.403.93$97,836
May 2013028,41694.834.15$117,900
Apr 2013029,23493.964.28$125,197
Mar 2013037,29993.623.91$145,946
Feb 2013037,43791.233.42$128,031
Jan 2013045,40091.603.42$155,264
Dec 2012050,13986.773.42$171,483
Nov 2012051,59086.953.62$187,012
Oct 2012058,82289.383.40$199,976
Sep 2012063,21894.672.92$184,495
Aug 2012072,29692.662.91$210,248
Jul 2012083,01285.133.02$250,763
Jun 2012087,17279.822.52$219,590
May 201233102,22091.612.49$257,379
Apr 20120104,071101.652.00$207,809
Mar 201237111,349105.052.22$251,313
Feb 2012061,435101.102.57$157,903
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                6,090 Mcf  × $  3.05 =    $18,549

────────────────────────────────────────────────────
Month total                                  $18,549

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/263498 is the state's own key, not one this site invented.