CASHION, JOHN

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 264848District 09Field 65280200GasSaveExport
Value, all time
$13.5 M
Sep 2011 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
177
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
GasProduction4,041,788 Mcf$13,512,458
Total$13,512,458

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 20267,089106.413.05$21,592
Apr 20267,11198.932.87$20,407
Mar 20267,36289.753.15$23,186
Feb 20266,47463.503.75$24,280
Jan 20267,06259.138.00$56,481
Dec 20257,52456.664.41$33,206
Nov 20257,04058.593.93$27,642
Oct 20257,58359.383.30$25,061
Sep 20257,21362.743.08$22,194
Aug 20257,32163.933.01$22,071
Jul 20257,77366.743.32$25,769
Jun 20257,52066.483.13$23,528
May 20257,75960.553.23$25,080
Apr 20257,73862.363.54$27,417
Mar 20257,94767.704.27$33,920
Feb 20257,37270.884.34$32,001
Jan 20258,07974.324.28$34,567
Dec 20248,27968.993.12$25,842
Nov 20248,06769.052.20$17,735
Oct 20248,63771.372.28$19,704
Sep 20248,36669.612.36$19,780
Aug 20248,37575.632.06$17,283
Jul 20248,36979.932.15$17,965
Jun 20247,91478.082.63$20,845
May 20248,45978.812.20$18,597
Apr 20248,30184.451.66$13,773
Mar 20248,42480.301.55$13,016
Feb 20247,91576.091.78$14,118
Jan 20248,55673.023.30$28,215
Dec 20238,58471.262.61$22,410
Nov 20237,93877.892.81$22,286
Oct 20238,48785.443.09$26,202
Sep 20238,34689.042.74$22,827
Aug 20238,91980.522.67$23,839
Jul 20239,01174.852.64$23,805
Jun 20238,94768.962.26$20,207
May 20239,14770.622.23$20,374
Apr 20238,88578.122.24$19,883
Mar 20239,23172.852.39$22,091
Feb 20238,42875.112.47$20,781
Jan 20239,57976.533.39$32,451
Dec 20229,50876.415.73$54,472
Nov 20229,31585.005.65$52,594
Oct 20229,69087.185.86$56,820
Sep 20229,61984.888.16$78,526
Aug 20229,98394.529.13$91,116
Jul 20229,436101.587.54$71,167
Jun 20229,610115.097.98$76,661
May 20229,554109.378.43$80,569
Apr 20229,819104.226.84$67,138
Mar 202210,217108.885.08$51,866
Feb 20229,62691.054.86$46,771
Jan 202210,69581.844.54$48,530
Dec 202111,01471.323.90$42,945
Nov 202110,19177.435.24$53,369
Oct 202111,16179.795.71$63,773
Sep 202110,81569.865.35$57,870
Aug 202111,42566.024.22$48,220
Jul 202111,31070.783.98$45,037
Jun 202111,10469.493.38$37,538
May 202111,13963.483.02$33,614
Apr 202111,13760.362.76$30,721
Mar 202111,83461.302.72$32,152
Feb 202110,34357.805.55$57,382
Jan 202112,23650.412.81$34,386
Dec 202012,38144.642.68$33,125
Nov 202012,06538.772.71$32,655
Oct 202012,45836.972.48$30,876
Sep 202012,12037.091.99$24,131
Aug 202012,67239.982.39$30,224
Jul 202012,80038.371.83$23,362
Jun 202011,50534.901.69$19,447
May 202012,22316.921.81$22,182
Apr 202012,85714.751.80$23,199
Mar 202011,77630.341.86$21,859
Feb 202011,02549.881.98$21,837
Jan 202012,83557.252.09$26,886
Dec 201913,29859.012.30$30,643
Nov 201912,71355.302.75$34,970
Oct 201912,93553.472.42$31,284
Sep 201912,74255.052.66$33,859
Aug 201913,23653.112.30$30,501
Jul 201913,25256.272.46$32,601
Jun 201912,59452.782.49$31,374
May 201913,22258.482.74$36,233
Apr 201912,90462.632.75$35,495
Mar 201912,64356.803.06$38,714
Feb 201912,44450.852.79$34,746
Jan 201914,08546.033.23$45,469
Dec 201814,20746.594.19$59,463
Nov 201815,81552.934.24$67,012
Oct 201817,03261.443.40$57,876
Sep 201816,74959.543.11$52,056
Aug 201817,83459.403.07$54,689
Jul 201817,82165.142.93$52,249
Jun 201818,20460.183.08$56,012
May 201819,07765.382.90$55,339
Apr 201818,58463.842.90$53,908
Mar 201819,05461.222.79$53,100
Feb 201813,77361.782.77$38,098
Jan 201813,57062.874.01$54,406
Dec 20179,18357.272.92$26,828
Nov 201713,32755.423.12$41,558
Oct 201714,85749.292.98$44,329
Sep 201716,12047.523.09$49,767
Aug 201717,44045.373.00$52,397
Jul 201714,46143.873.09$44,645
Jun 201712,43142.493.09$38,378
May 201714,27645.373.26$46,588
Apr 201711,73247.933.21$37,678
Mar 201712,11646.772.98$36,150
Feb 201712,39950.452.95$36,609
Jan 201713,53549.413.42$46,273
Dec 201617,26048.763.72$64,256
Nov 201617,87742.492.64$47,273
Oct 201618,86546.193.09$58,298
Sep 201619,10841.553.10$59,247
Aug 201619,02241.442.92$55,627
Jul 201624,27541.622.92$70,988
Jun 201624,89545.352.69$66,864
May 201626,87042.521.99$53,499
Apr 201625,31836.561.99$50,409
Mar 201626,58233.011.79$47,688
Feb 201623,70626.472.06$48,920
Jan 201626,67827.352.36$63,076
Dec 201526,42032.362.00$52,877
Nov 201525,59538.792.17$55,473
Oct 201527,22543.552.43$66,064
Sep 201526,17342.992.76$72,196
Aug 201527,74940.162.87$79,709
Jul 201528,32148.152.95$83,408
Jun 201527,09556.152.88$78,111
May 201528,41255.212.96$83,970
Apr 201528,11649.822.71$76,098
Mar 201529,62642.892.93$86,944
Feb 201527,04544.662.98$80,491
Jan 201529,64243.433.10$91,909
Dec 201430,01154.693.59$107,780
Nov 201429,73070.464.25$126,407
Oct 201431,89478.303.90$124,417
Sep 201431,22786.164.05$126,327
Aug 201433,07289.394.04$133,449
Jul 201433,57996.564.18$140,347
Jun 201433,17898.164.74$157,160
May 201435,13294.734.73$166,054
Apr 201434,55695.944.81$166,184
Mar 201436,00195.895.06$182,050
Feb 201433,21197.406.19$205,643
Jan 201437,46490.404.86$182,102
Dec 201338,26991.824.35$166,642
Nov 201338,18188.853.74$142,731
Oct 201340,30297.423.78$152,316
Sep 201339,408104.113.72$146,509
Aug 201341,364104.253.52$145,709
Jul 201346,655102.523.72$173,451
Jun 201347,09794.403.93$185,252
May 201347,00594.834.15$195,028
Apr 201346,91893.964.28$200,931
Mar 201350,24993.623.91$196,618
Feb 201346,56691.233.42$159,252
Jan 201352,90191.603.42$180,917
Dec 201254,91186.773.42$187,804
Nov 201252,24786.953.62$189,393
Oct 201252,59789.383.40$178,813
Sep 201254,48694.672.92$159,012
Aug 201251,93792.662.91$151,041
Jul 201258,76885.133.02$177,526
Jun 201262,12279.822.52$156,488
May 201267,65091.612.49$168,335
Apr 201269,457101.652.00$138,692
Mar 201276,348105.052.22$169,651
Feb 201277,783101.102.57$199,921
Jan 201290,17298.092.73$246,537
Dec 201199,48296.873.24$322,296
Nov 2011109,55995.723.31$362,781
Oct 2011135,78384.983.65$495,410
Sep 2011144,34783.623.99$575,338

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                7,089 Mcf  × $  3.05 =    $21,592

────────────────────────────────────────────────────
Month total                                  $21,592

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/264848 is the state's own key, not one this site invented.