PROSPECT CO-PEIKOFF (SA)

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 263562District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
178
no gaps in the span
Streams
1
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
GasProduction971,623 Mcf$3,228,044
Total$3,228,044

Every month this lease reported (178)

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

178 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202519266.743.32$637
Jun 202531866.483.13$995
May 202527760.553.23$895
Apr 20251,00962.363.54$3,575
Mar 20251,40667.704.27$6,001
Feb 20251,40270.884.34$6,086
Jan 20251,35474.324.28$5,793
Dec 202472168.993.12$2,251
Nov 20242,93169.052.20$6,444
Oct 20241,76771.372.28$4,031
Sep 20242,29269.612.36$5,419
Aug 20242,74375.632.06$5,661
Jul 2024079.932.15$0
Jun 20242,54078.082.63$6,690
May 20242,53978.812.20$5,582
Apr 20242,95784.451.66$4,906
Mar 20242,57980.301.55$3,985
Feb 202478776.091.78$1,404
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 20232,15777.892.81$6,056
Oct 20231,71285.443.09$5,285
Sep 20232,08189.042.74$5,692
Aug 20232,21280.522.67$5,912
Jul 20232,42174.852.64$6,396
Jun 20232,68568.962.26$6,064
May 20232,78370.622.23$6,199
Apr 20232,55978.122.24$5,726
Mar 20232,76772.852.39$6,622
Feb 20232,24275.112.47$5,528
Jan 20233,34176.533.39$11,318
Dec 20222,86876.415.73$16,431
Nov 20223,26885.005.65$18,452
Oct 20223,61087.185.86$21,168
Sep 20223,98984.888.16$32,565
Aug 20223,45394.529.13$31,516
Jul 20224,241101.587.54$31,986
Jun 20224,512115.097.98$35,993
May 20224,162109.378.43$35,098
Apr 20224,767104.226.84$32,595
Mar 20225,081108.885.08$25,793
Feb 202267691.054.86$3,285
Jan 20221,19781.844.54$5,432
Dec 20213,18571.323.90$12,419
Nov 20212,07877.435.24$10,882
Oct 20213,25279.795.71$18,582
Sep 20213,11369.865.35$16,657
Aug 20213,67266.024.22$15,498
Jul 20213,69070.783.98$14,694
Jun 20214,68569.493.38$15,838
May 20212,86463.483.02$8,643
Apr 20213,82560.362.76$10,551
Mar 20218,52461.302.72$23,159
Feb 20212,24257.805.55$12,439
Jan 20214,55150.412.81$12,790
Dec 20202,69844.642.68$7,218
Nov 20204,06038.772.71$10,989
Oct 20204,72636.972.48$11,713
Sep 20204,60937.091.99$9,177
Aug 20204,79039.982.39$11,425
Jul 20205,11538.371.83$9,335
Jun 20201,56634.901.69$2,647
May 20204,51816.921.81$8,199
Apr 20203,82014.751.80$6,893
Mar 20201,47330.341.86$2,734
Feb 20202,95149.881.98$5,845
Jan 20202,84857.252.09$5,966
Dec 20193,47259.012.30$8,001
Nov 20192,71455.302.75$7,465
Oct 20191,80353.472.42$4,361
Sep 20193,46355.052.66$9,202
Aug 20194,50753.112.30$10,386
Jul 20195,08856.272.46$12,517
Jun 20192,08952.782.49$5,204
May 20192,19958.482.74$6,026
Apr 20194,23562.632.75$11,649
Mar 20193,87856.803.06$11,875
Feb 20193,98150.852.79$11,116
Jan 20193,57546.033.23$11,541
Dec 20183,90246.594.19$16,332
Nov 20185,43952.934.24$23,046
Oct 20186,85661.443.40$23,297
Sep 20185,42359.543.11$16,855
Aug 20186,36059.403.07$19,503
Jul 20188,58865.142.93$25,179
Jun 20187,08860.183.08$21,809
May 20187,56765.382.90$21,950
Apr 20187,17463.842.90$20,810
Mar 20186,65761.222.79$18,552
Feb 20187,73961.782.77$21,407
Jan 20187,21662.874.01$28,931
Dec 20174,79457.272.92$14,006
Nov 20179,64655.423.12$30,080
Oct 201712,54349.292.98$37,424
Sep 20177,35247.523.09$22,698
Aug 201738845.373.00$1,166
Jul 201721543.873.09$664
Jun 20179,25142.493.09$28,560
May 20175,11045.373.26$16,676
Apr 201791347.933.21$2,932
Mar 201793446.772.98$2,787
Feb 201720650.452.95$608
Jan 201787749.413.42$2,998
Dec 20161,36848.763.72$5,093
Nov 20163,60542.492.64$9,533
Oct 20164,68146.193.09$14,466
Sep 20162,13941.553.10$6,632
Aug 20161,55341.442.92$4,542
Jul 20162,43841.622.92$7,130
Jun 20165,62445.352.69$15,105
May 201630642.521.99$609
Apr 201638736.561.99$771
Mar 20162,99433.011.79$5,371
Feb 20163,91826.472.06$8,085
Jan 20165,50027.352.36$13,004
Dec 20151,88032.362.00$3,763
Nov 20151,03238.792.17$2,237
Oct 201556543.552.43$1,371
Sep 20151,02242.992.76$2,819
Aug 201512640.162.87$362
Jul 20151,57748.152.95$4,644
Jun 20154,81556.152.88$13,881
May 20154,43455.212.96$13,104
Apr 2015049.822.71$0
Mar 20155,70942.892.93$16,754
Feb 20155,97744.662.98$17,789
Jan 20158,06243.433.10$24,997
Dec 20148,33754.693.59$29,941
Nov 20149,52470.464.25$40,495
Oct 20145,41878.303.90$21,135
Sep 20149086.164.05$364
Aug 20144,30589.394.04$17,371
Jul 20146,95996.564.18$29,086
Jun 20147,57398.164.74$35,872
May 20149,02194.734.73$42,638
Apr 20146,14595.944.81$29,552
Mar 201410,52595.895.06$53,223
Feb 201411,61197.406.19$71,895
Jan 20142,88990.404.86$14,043
Dec 20139,91291.824.35$43,162
Nov 201311,50288.853.74$42,998
Oct 201314,34197.423.78$54,200
Sep 201314,382104.113.72$53,469
Aug 201316,115104.253.52$56,767
Jul 201312,263102.523.72$45,591
Jun 201316,94694.403.93$66,656
May 201312,89594.834.15$53,502
Apr 201311,56993.964.28$49,545
Mar 201321,91393.623.91$85,743
Feb 201313,28591.233.42$45,434
Jan 201314,74291.603.42$50,416
Dec 201218,12286.773.42$61,980
Nov 201223,26286.953.62$84,324
Oct 201214,55289.383.40$49,472
Sep 20126,03494.672.92$17,610
Aug 201224,38992.662.91$70,927
Jul 201228,39385.133.02$85,770
Jun 201230,77979.822.52$77,534
May 201228,85891.612.49$71,808
Apr 201238,504101.652.00$76,885
Mar 201250,063105.052.22$111,244
Feb 201227,998101.102.57$71,962
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$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.

Jul 2025 — as filed, then multipliedworked
Gas                  192 Mcf  × $  3.32 =       $637

────────────────────────────────────────────────────
Month total                                     $637

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/263562 is the state's own key, not one this site invented.