WESTERN LAKE GU "A"

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 264263District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.2 M
Nov 2011 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
175
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
CondensateDisposition11,636 bbl$978,057
GasProduction1,608,327 Mcf$5,237,044
Total$6,215,102

Every month this lease reported (175)

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

175 months

May 202603,775106.413.05$11,498
Apr 202603,74198.932.87$10,736
Mar 2026653,87589.753.15$18,038
Feb 202603,79763.503.75$14,240
Jan 2026973,16259.138.00$31,025
Dec 202503,00056.664.41$13,240
Nov 202503,43858.593.93$13,499
Oct 202503,98659.383.30$13,173
Sep 202503,94862.743.08$12,148
Aug 202504,09863.933.01$12,354
Jul 202503,83966.743.32$12,727
Jun 202503,64466.483.13$11,401
May 202504,04560.553.23$13,075
Apr 202503,95062.363.54$13,995
Mar 202504,22667.704.27$18,038
Feb 202503,66070.884.34$15,887
Jan 202504,40774.324.28$18,856
Dec 202404,46768.993.12$13,943
Nov 202404,51369.052.20$9,922
Oct 202423,36671.372.28$7,822
Sep 2024823,80469.612.36$14,702
Aug 202403,99775.632.06$8,248
Jul 202403,98879.932.15$8,561
Jun 202413,74878.082.63$9,950
May 202403,85378.812.20$8,471
Apr 202403,30884.451.66$5,489
Mar 202403,45480.301.55$5,337
Feb 202403,55876.091.78$6,346
Jan 202403,38873.023.30$11,172
Dec 2023314,35371.262.61$13,574
Nov 202304,10177.892.81$11,514
Oct 202304,38485.443.09$13,535
Sep 202304,19489.042.74$11,471
Aug 2023854,57180.522.67$19,062
Jul 202304,45574.852.64$11,769
Jun 202304,37868.962.26$9,888
May 202304,33370.622.23$9,651
Apr 202304,31078.122.24$9,645
Mar 202304,50372.852.39$10,776
Feb 202304,23575.112.47$10,442
Jan 202304,47576.533.39$15,160
Dec 202204,37476.415.73$25,059
Nov 202204,19185.005.65$23,663
Oct 202204,58087.185.86$26,856
Sep 202204,27784.888.16$34,916
Aug 202204,56694.529.13$41,675
Jul 202204,684101.587.54$35,327
Jun 202204,670115.097.98$37,254
May 202204,799109.378.43$40,470
Apr 202204,098104.226.84$28,020
Mar 202204,378108.885.08$22,224
Feb 202203,67291.054.86$17,842
Jan 20221644,74881.844.54$34,967
Dec 202108,51171.323.90$33,185
Nov 202108,19677.435.24$42,921
Oct 202108,35979.795.71$47,762
Sep 202108,28869.865.35$44,348
Aug 202106,70466.024.22$28,295
Jul 202106,32870.783.98$25,199
Jun 202107,26869.493.38$24,570
May 202106,96863.483.02$21,027
Apr 202106,39160.362.76$17,629
Mar 202108,85661.302.72$24,061
Feb 2021516,22357.805.55$37,473
Jan 202109,08150.412.81$25,520
Dec 202009,32144.642.68$24,938
Nov 202008,93838.772.71$24,191
Oct 202011310,23336.972.48$29,539
Sep 202009,97337.091.99$19,857
Aug 2020010,02939.982.39$23,920
Jul 202009,36638.371.83$17,094
Jun 202009,55534.901.69$16,151
May 202008,93416.921.81$16,213
Apr 202008,84114.751.80$15,953
Mar 20201159,86830.341.86$21,806
Feb 202007,85949.881.98$15,566
Jan 202007,36657.252.09$15,430
Dec 201908,93559.012.30$20,589
Nov 201908,69555.302.75$23,917
Oct 2019010,48053.472.42$25,346
Sep 201908,07855.052.66$21,466
Aug 20191477,66253.112.30$25,463
Jul 201903,32556.272.46$8,180
Jun 201904,92952.782.49$12,279
May 201907,41658.482.74$20,322
Apr 201907,31562.632.75$20,121
Mar 201907,26656.803.06$22,249
Feb 201907,26350.852.79$20,280
Jan 201907,07346.033.23$22,833
Dec 2018637,12246.594.19$32,744
Nov 201807,14952.934.24$30,292
Oct 201808,38061.443.40$28,476
Sep 201807,83759.543.11$24,357
Aug 201807,99859.403.07$24,526
Jul 201807,71765.142.93$22,625
Jun 201808,39560.183.08$25,831
May 201808,07265.382.90$23,415
Apr 201807,63363.842.90$22,142
Mar 20181576,97561.222.79$29,050
Feb 201808,25261.782.77$22,826
Jan 201809,37662.874.01$37,591
Dec 201707,78757.272.92$22,750
Nov 201708,58455.423.12$26,768
Oct 201708,81049.292.98$26,286
Sep 201708,67447.523.09$26,779
Aug 201709,76645.373.00$29,341
Jul 20171699,87043.873.09$37,885
Jun 201709,37442.493.09$28,940
May 201709,76645.373.26$31,870
Apr 201708,92947.933.21$28,676
Mar 201709,24646.772.98$27,587
Feb 201708,85650.452.95$26,148
Jan 201714210,08149.413.42$41,481
Dec 2016010,47248.763.72$38,985
Nov 2016010,19742.492.64$26,964
Oct 201611910,15046.193.09$36,863
Sep 201609,49041.553.10$29,425
Aug 2016010,54041.442.92$30,823
Jul 2016010,04341.622.92$29,369
Jun 201609,14645.352.69$24,565
May 20161629,72742.521.99$26,255
Apr 201609,29636.561.99$18,509
Mar 201609,55833.011.79$17,147
Feb 201609,64826.472.06$19,910
Jan 201617310,85627.352.36$30,399
Dec 2015012,13132.362.00$24,279
Nov 201517811,88438.792.17$32,661
Oct 2015012,88843.552.43$31,274
Sep 2015011,09342.992.76$30,599
Aug 2015010,86540.162.87$31,210
Jul 201515810,73348.152.95$39,217
Jun 2015010,13856.152.88$29,226
May 2015010,94455.212.96$32,344
Apr 201517911,07649.822.71$38,896
Mar 2015011,28642.892.93$33,121
Feb 201518210,36444.662.98$38,973
Jan 2015011,67143.433.10$36,187
Dec 201419011,99954.693.59$53,484
Nov 2014012,18070.464.25$51,787
Oct 2014012,37578.303.90$48,274
Sep 2014011,95886.164.05$48,375
Aug 201415412,12689.394.04$62,696
Jul 201415813,12796.564.18$70,122
Jun 2014013,09698.164.74$62,034
May 2014013,36994.734.73$63,189
Apr 201416813,07295.944.81$78,983
Mar 201418313,71295.895.06$86,887
Feb 201417811,60397.406.19$89,183
Jan 2014013,79690.404.86$67,058
Dec 201318514,64091.824.35$80,736
Nov 201316514,78188.853.74$69,916
Oct 201318416,03997.423.78$78,542
Sep 2013014,948104.113.72$55,573
Aug 201317113,155104.253.52$64,167
Jul 201316315,362102.523.72$73,823
Jun 201317314,71794.403.93$74,219
May 201317315,86294.834.15$82,218
Apr 2013014,25393.964.28$61,040
Mar 201331517,04093.623.91$96,166
Feb 201318115,94691.233.42$71,047
Jan 201315917,42991.603.42$74,170
Dec 201232219,92086.773.42$96,070
Nov 201235820,12786.953.62$104,088
Oct 201234321,89989.383.40$105,107
Sep 201235922,77594.672.92$100,453
Aug 201252224,86492.662.91$120,677
Jul 201253126,70485.133.02$125,871
Jun 201253727,79379.822.52$112,875
May 201270532,97491.612.49$146,635
Apr 201273633,459101.652.00$141,625
Mar 20121,51348,228105.052.22$266,107
Feb 201217528,897101.102.57$91,965
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$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                3,775 Mcf  × $  3.05 =    $11,498

────────────────────────────────────────────────────
Month total                                  $11,498

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/264263 is the state's own key, not one this site invented.