DANIELS, J.K. FAMILY GU

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 264419District 09Field 65280200GasSaveExport
Value, all time
$3.8 M
Dec 2011 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
174
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
GasProduction1,174,519 Mcf$3,822,321
Total$3,822,321

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 20262,811106.413.05$8,562
Apr 20262,89398.932.87$8,302
Mar 20262,66489.753.15$8,390
Feb 20262,48963.503.75$9,335
Jan 20261,80659.138.00$14,444
Dec 20252,03456.664.41$8,977
Nov 20252,91558.593.93$11,446
Oct 20253,25459.383.30$10,754
Sep 20253,31962.743.08$10,212
Aug 20253,79763.933.01$11,447
Jul 20252,86666.743.32$9,501
Jun 20253,23266.483.13$10,112
May 20252,95860.553.23$9,561
Apr 20252,51162.363.54$8,897
Mar 20253,06067.704.27$13,061
Feb 20252,63870.884.34$11,451
Jan 20253,89174.324.28$16,648
Dec 20243,51168.993.12$10,959
Nov 20243,85469.052.20$8,473
Oct 20244,32871.372.28$9,874
Sep 20243,59569.612.36$8,500
Aug 20243,30675.632.06$6,822
Jul 20242,54379.932.15$5,459
Jun 20243,11878.082.63$8,213
May 20243,68278.812.20$8,095
Apr 20243,82484.451.66$6,345
Mar 20244,19680.301.55$6,483
Feb 20244,00676.091.78$7,145
Jan 20242,22373.023.30$7,331
Dec 20232,59371.262.61$6,770
Nov 20234,15277.892.81$11,657
Oct 20233,69885.443.09$11,417
Sep 20233,10889.042.74$8,501
Aug 20233,09880.522.67$8,281
Jul 20233,22774.852.64$8,525
Jun 20233,29568.962.26$7,442
May 20232,95370.622.23$6,578
Apr 20233,41678.122.24$7,644
Mar 20233,72572.852.39$8,915
Feb 20233,49475.112.47$8,615
Jan 20234,21476.533.39$14,276
Dec 20224,13776.415.73$23,701
Nov 20224,08885.005.65$23,082
Oct 20224,31687.185.86$25,308
Sep 20224,27384.888.16$34,883
Aug 20221,58594.529.13$14,467
Jul 20221,925101.587.54$14,519
Jun 20222,816115.097.98$22,464
May 20223,654109.378.43$30,814
Apr 20223,586104.226.84$24,520
Mar 20223,876108.885.08$19,676
Feb 20221,94791.054.86$9,460
Jan 20222,75181.844.54$12,483
Dec 20214,41871.323.90$17,226
Nov 20214,34877.435.24$22,770
Oct 20214,54179.795.71$25,947
Sep 20213,45169.865.35$18,466
Aug 20213,96766.024.22$16,743
Jul 20213,72170.783.98$14,817
Jun 20214,33369.493.38$14,648
May 20215,05263.483.02$15,245
Apr 20214,92360.362.76$13,580
Mar 20215,02261.302.72$13,644
Feb 20211,75857.805.55$9,753
Jan 20213,96550.412.81$11,143
Dec 20203,69044.642.68$9,872
Nov 20204,95938.772.71$13,422
Oct 20205,76036.972.48$14,276
Sep 20205,13737.091.99$10,228
Aug 20205,72739.982.39$13,659
Jul 20201,97738.371.83$3,608
Jun 202060934.901.69$1,029
May 20204,95216.921.81$8,987
Apr 20204,57714.751.80$8,259
Mar 20205,08130.341.86$9,432
Feb 20204,97949.881.98$9,862
Jan 20204,23657.252.09$8,873
Dec 20195,11359.012.30$11,782
Nov 20195,67655.302.75$15,613
Oct 20196,25553.472.42$15,128
Sep 20194,38755.052.66$11,657
Aug 20193,72253.112.30$8,577
Jul 20194,61656.272.46$11,356
Jun 20195,40752.782.49$13,470
May 20194,83458.482.74$13,247
Apr 20195,47062.632.75$15,046
Mar 20195,15756.803.06$15,791
Feb 20195,63150.852.79$15,723
Jan 20195,88246.033.23$18,988
Dec 20184,38146.594.19$18,336
Nov 20185,24252.934.24$22,212
Oct 20185,78861.443.40$19,668
Sep 20186,62359.543.11$20,584
Aug 20186,22459.403.07$19,086
Jul 20182,85665.142.93$8,373
Jun 20184,75460.183.08$14,628
May 20187,29265.382.90$21,153
Apr 20185,76063.842.90$16,709
Mar 20187,14861.222.79$19,920
Feb 20186,84561.782.77$18,934
Jan 20187,52162.874.01$30,154
Dec 20176,45057.272.92$18,844
Nov 20175,57155.423.12$17,372
Oct 20175,67649.292.98$16,935
Sep 20175,29647.523.09$16,350
Aug 20174,22045.373.00$12,679
Jul 20176,97443.873.09$21,531
Jun 20176,63942.493.09$20,496
May 20177,00945.373.26$22,873
Apr 20178,02947.933.21$25,786
Mar 20176,86346.772.98$20,477
Feb 20176,43950.452.95$19,012
Jan 20177,72149.413.42$26,397
Dec 20167,89048.763.72$29,373
Nov 20167,80742.492.64$20,644
Oct 20169,11146.193.09$28,155
Sep 20164,90141.553.10$15,196
Aug 20164,55041.442.92$13,306
Jul 20163,26141.622.92$9,536
Jun 20161,79145.352.69$4,810
May 20168,68542.521.99$17,292
Apr 20169,23836.561.99$18,393
Mar 20163,59533.011.79$6,449
Feb 20164,83026.472.06$9,967
Jan 20165,86827.352.36$13,874
Dec 20157,25632.362.00$14,522
Nov 20155,71038.792.17$12,375
Oct 20157,36643.552.43$17,874
Sep 20157,38442.992.76$20,368
Aug 20157,41440.162.87$21,297
Jul 20157,49348.152.95$22,067
Jun 20157,42256.152.88$21,397
May 2015055.212.96$0
Apr 20158,65349.822.71$23,420
Mar 20155,57142.892.93$16,349
Feb 20156,71444.662.98$19,982
Jan 20158,17043.433.10$25,332
Dec 20147,19854.693.59$25,851
Nov 20148,56470.464.25$36,413
Oct 20148,80278.303.90$34,336
Sep 20149,20286.164.05$37,226
Aug 20149,77889.394.04$39,455
Jul 201410,33796.564.18$43,205
Jun 20148,94798.164.74$42,381
May 201410,98294.734.73$51,907
Apr 201410,59595.944.81$50,953
Mar 20149,25095.895.06$46,775
Feb 20149,03797.406.19$55,957
Jan 201412,34090.404.86$59,981
Dec 201314,86091.824.35$64,708
Nov 201310,30388.853.74$38,516
Oct 201310,64997.423.78$40,246
Sep 201312,473104.113.72$46,371
Aug 201310,305104.253.52$36,301
Jul 20131,084102.523.72$4,030
Jun 20136,93494.403.93$27,274
May 201312,58694.834.15$52,220
Apr 20138,64393.964.28$37,014
Mar 201310,84193.623.91$42,419
Feb 201311,23191.233.42$38,409
Jan 201313,80491.603.42$47,208
Dec 201214,71186.773.42$50,314
Nov 201214,95886.953.62$54,222
Oct 201216,97589.383.40$57,710
Sep 201217,89794.672.92$52,231
Aug 201219,24492.662.91$55,965
Jul 201220,68185.133.02$62,473
Jun 201220,32879.822.52$51,207
May 201223,21491.612.49$57,764
Apr 201225,569101.652.00$51,056
Mar 201226,742105.052.22$59,423
Feb 201232,653101.102.57$83,926
Jan 201243,04298.092.73$117,680
Dec 201127,17596.873.24$88,040

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
Gas                2,811 Mcf  × $  3.05 =     $8,562

────────────────────────────────────────────────────
Month total                                   $8,562

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/264419 is the state's own key, not one this site invented.