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 264293District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Dec 2011 – May 2026
Value, last 12 filed months
$296 k
at the published price for each month
Months reported
174
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
CondensateDisposition15,558 bbl$1,291,185
GasProduction2,321,899 Mcf$7,634,300
Total$8,925,486

Every month this lease reported (174)

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

174 months

May 202606,958106.413.05$21,193
Apr 202606,67898.932.87$19,164
Mar 202606,63889.753.15$20,906
Feb 202605,89563.503.75$22,108
Jan 20261016,00459.138.00$53,992
Dec 202505,76456.664.41$25,439
Nov 202506,53458.593.93$25,655
Oct 202506,96759.383.30$23,025
Sep 202506,75862.743.08$20,794
Aug 202506,97363.933.01$21,022
Jul 202506,72866.743.32$22,305
Jun 202506,61266.483.13$20,687
May 202506,89360.553.23$22,280
Apr 2025766,28262.363.54$26,997
Mar 202506,48867.704.27$27,693
Feb 202505,84670.884.34$25,377
Jan 202526,73674.324.28$28,970
Dec 202406,82068.993.12$21,288
Nov 202406,48269.052.20$14,250
Oct 202406,82871.372.28$15,577
Sep 2024736,80269.612.36$21,164
Aug 202406,95575.632.06$14,353
Jul 202406,86679.932.15$14,738
Jun 202427,04778.082.63$18,718
May 202406,96678.812.20$15,314
Apr 2024996,43784.451.66$19,041
Mar 202406,59280.301.55$10,186
Feb 202406,57376.091.78$11,724
Jan 202407,41873.023.30$24,462
Dec 202307,16871.262.61$18,714
Nov 202307,45577.892.81$20,930
Oct 202307,27785.443.09$22,466
Sep 202306,87489.042.74$18,801
Aug 202307,19180.522.67$19,221
Jul 202307,20674.852.64$19,037
Jun 2023477,26868.962.26$19,656
May 202307,51370.622.23$16,734
Apr 202307,32278.122.24$16,385
Mar 2023837,71272.852.39$24,503
Feb 202308,54675.112.47$21,072
Jan 202308,46276.533.39$28,667
Dec 202208,06176.415.73$46,182
Nov 202207,45885.005.65$42,109
Oct 202207,37887.185.86$43,263
Sep 202207,16684.888.16$58,501
Aug 202207,56694.529.13$69,056
Jul 202207,348101.587.54$55,419
Jun 202207,620115.097.98$60,786
May 202207,871109.378.43$66,376
Apr 2022917,665104.226.84$61,894
Mar 202207,902108.885.08$40,114
Feb 202206,88691.054.86$33,458
Jan 2022198,11481.844.54$38,374
Dec 2021014,50171.323.90$56,541
Nov 2021014,18677.435.24$74,290
Oct 20217114,46879.795.71$88,333
Sep 2021013,95069.865.35$74,645
Aug 2021014,28366.024.22$60,283
Jul 2021014,72670.783.98$58,640
Jun 2021014,38969.493.38$48,644
May 2021014,82363.483.02$44,731
Apr 202113314,42160.362.76$47,807
Mar 2021016,66761.302.72$45,283
Feb 2021011,92157.805.55$66,137
Jan 20215414,28350.412.81$42,861
Dec 2020014,42344.642.68$38,588
Nov 2020013,86738.772.71$37,532
Oct 20207214,16936.972.48$37,779
Sep 2020013,99437.091.99$27,863
Aug 2020014,65739.982.39$34,958
Jul 2020014,67738.371.83$26,787
Jun 2020014,74034.901.69$24,915
May 20206515,59016.921.81$29,392
Apr 2020015,67814.751.80$28,289
Mar 2020017,02030.341.86$31,593
Feb 202019314,25149.881.98$37,853
Jan 2020015,38557.252.09$32,228
Dec 2019013,40559.012.30$30,890
Nov 2019013,67655.302.75$37,619
Oct 2019011,85953.472.42$28,681
Sep 201906,36855.052.66$16,922
Aug 201907,75253.112.30$17,863
Jul 20191699,84156.272.46$33,719
Jun 201908,78352.782.49$21,880
May 2019010,25858.482.74$28,110
Apr 201909,80462.632.75$26,968
Mar 201908,62256.803.06$26,401
Feb 201907,88850.852.79$22,025
Jan 201909,17146.033.23$29,606
Dec 2018639,20046.594.19$41,441
Nov 201809,45652.934.24$40,067
Oct 2018010,92461.443.40$37,121
Sep 2018010,56359.543.11$32,830
Aug 2018010,68059.403.07$32,751
Jul 2018010,30565.142.93$30,213
Jun 2018210,16260.183.08$31,388
May 2018010,83965.382.90$31,442
Apr 2018010,11763.842.90$29,347
Mar 201818010,81361.222.79$41,154
Feb 2018010,04161.782.77$27,775
Jan 2018010,92962.874.01$43,818
Dec 201718211,03257.272.92$42,653
Nov 2017011,19055.423.12$34,894
Oct 2017011,68749.292.98$34,870
Sep 2017011,37647.523.09$35,121
Aug 201710912,41045.373.00$42,230
Jul 2017012,46243.873.09$38,474
Jun 2017011,80842.493.09$36,455
May 201718412,14545.373.26$47,982
Apr 2017011,93347.933.21$38,324
Mar 2017012,53146.772.98$37,388
Feb 2017011,52550.452.95$34,029
Jan 201710312,92549.413.42$49,277
Dec 2016013,06548.763.72$48,639
Nov 201610012,98842.492.64$38,594
Oct 201616713,54246.193.09$49,562
Sep 2016013,11241.553.10$40,655
Aug 2016014,36241.442.92$41,999
Jul 201616212,73441.622.92$43,981
Jun 2016012,39545.352.69$33,291
May 2016013,52442.521.99$26,927
Apr 201615613,27336.561.99$32,130
Mar 2016013,82533.011.79$24,802
Feb 2016013,33426.472.06$27,516
Jan 201617714,68427.352.36$39,559
Dec 2015014,35832.362.00$28,736
Nov 201518214,16738.792.17$37,764
Oct 2015015,51643.552.43$37,651
Sep 201517813,93242.992.76$46,083
Aug 2015014,02440.162.87$40,284
Jul 2015013,89548.152.95$40,922
Jun 201514313,53556.152.88$47,049
May 2015014,13855.212.96$41,784
Apr 2015014,14949.822.71$38,295
Mar 201517514,56142.892.93$50,238
Feb 201518414,05944.662.98$50,060
Jan 2015014,82343.433.10$45,961
Dec 201419215,44654.693.59$65,973
Nov 2014015,42870.464.25$65,597
Oct 201417916,19578.303.90$77,192
Sep 2014016,62686.164.05$67,259
Aug 201416017,66789.394.04$85,591
Jul 2014017,86296.564.18$74,656
Jun 201416317,10498.164.74$97,020
May 201415819,25194.734.73$105,958
Apr 201414217,83595.944.81$99,394
Mar 201418919,10095.895.06$114,708
Feb 2014016,99597.406.19$105,233
Jan 201418818,61290.404.86$107,463
Dec 201318919,13591.824.35$100,677
Nov 201316920,12788.853.74$90,256
Oct 201318921,53397.423.78$99,793
Sep 201316722,098104.113.72$99,541
Aug 201336720,224104.253.52$109,501
Jul 201318922,041102.523.72$101,319
Jun 201331821,99894.403.93$116,546
May 201316223,12194.834.15$111,293
Apr 201335323,08993.964.28$132,049
Mar 201335924,82093.623.91$130,727
Feb 201335723,52291.233.42$113,012
Jan 201337326,84491.603.42$125,971
Dec 201253428,52586.773.42$143,895
Nov 201237328,67986.953.62$136,393
Oct 201254730,88389.383.40$153,883
Sep 201235731,40094.672.92$125,435
Aug 201272034,63992.662.91$167,451
Jul 201254636,85885.133.02$157,822
Jun 201272438,43579.822.52$154,609
May 201291945,01891.612.49$196,209
Apr 201289344,850101.652.00$180,330
Mar 20121,42261,685105.052.22$286,450
Feb 201216323,141101.102.57$75,957
Jan 20120098.092.73$0
Dec 20110096.873.24$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                6,958 Mcf  × $  3.05 =    $21,193

────────────────────────────────────────────────────
Month total                                  $21,193

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/264293 is the state's own key, not one this site invented.