EDWARDS, C. J. UNIT

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 265134District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Feb 2012 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
172
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
CondensateDisposition4,506 bbl$327,398
GasProduction1,397,444 Mcf$4,617,213
Total$4,944,611

Every month this lease reported (172)

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

172 months

May 20261015,091106.413.05$26,254
Apr 202605,41598.932.87$15,540
Mar 202604,87889.753.15$15,363
Feb 202604,60563.503.75$17,270
Jan 202604,32659.138.00$34,599
Dec 202503,89456.664.41$17,186
Nov 202504,43058.593.93$17,394
Oct 202505,03659.383.30$16,643
Sep 202505,33862.743.08$16,425
Aug 202505,09463.933.01$15,357
Jul 202505,28166.743.32$17,508
Jun 202505,39566.483.13$16,879
May 202505,76360.553.23$18,628
Apr 202505,06062.363.54$17,928
Mar 202504,82267.704.27$20,582
Feb 2025944,63870.884.34$26,796
Jan 202505,01274.324.28$21,445
Dec 202405,40868.993.12$16,880
Nov 202405,32469.052.20$11,704
Oct 202405,68571.372.28$12,970
Sep 202405,43869.612.36$12,857
Aug 202405,62275.632.06$11,602
Jul 202405,75579.932.15$12,354
Jun 202405,75378.082.63$15,153
May 202405,92178.812.20$13,017
Apr 20241155,05584.451.66$18,099
Mar 202405,01680.301.55$7,750
Feb 202405,35676.091.78$9,553
Jan 202405,77973.023.30$19,057
Dec 202305,65071.262.61$14,751
Nov 202305,66777.892.81$15,910
Oct 202305,98485.443.09$18,474
Sep 202305,52089.042.74$15,097
Aug 202305,35080.522.67$14,300
Jul 202305,49774.852.64$14,522
Jun 202305,13668.962.26$11,600
May 20231345,20170.622.23$21,048
Apr 202305,00378.122.24$11,196
Mar 202305,07072.852.39$12,133
Feb 202304,46475.112.47$11,007
Jan 202305,26276.533.39$17,826
Dec 202205,32376.415.73$30,496
Nov 202204,92085.005.65$27,779
Oct 202205,30887.185.86$31,125
Sep 202205,35384.888.16$43,700
Aug 202205,61594.529.13$51,249
Jul 202205,722101.587.54$43,156
Jun 202205,462115.097.98$43,571
May 202205,601109.378.43$47,233
Apr 20221635,630104.226.84$55,484
Mar 202205,695108.885.08$28,910
Feb 202205,30991.054.86$25,796
Jan 202206,10381.844.54$27,693
Dec 202105,56171.323.90$21,683
Nov 202106,21777.435.24$32,558
Oct 202105,97879.795.71$34,158
Sep 202105,99669.865.35$32,084
Aug 202105,97266.024.22$25,205
Jul 2021995,94370.783.98$30,673
Jun 202105,90969.493.38$19,976
May 202106,15263.483.02$18,565
Apr 202106,14460.362.76$16,948
Mar 202106,55461.302.72$17,807
Feb 202106,20857.805.55$34,442
Jan 202106,28150.412.81$17,651
Dec 20201166,64044.642.68$22,943
Nov 202006,47538.772.71$17,525
Oct 202006,83836.972.48$16,948
Sep 202006,99237.091.99$13,921
Aug 202006,86939.982.39$16,383
Jul 202007,32338.371.83$13,365
Jun 202006,99534.901.69$11,824
May 202007,38116.921.81$13,395
Apr 2020407,10014.751.80$13,401
Mar 20201367,32230.341.86$17,718
Feb 202006,90349.881.98$13,673
Jan 202007,30757.252.09$15,306
Dec 201907,69259.012.30$17,725
Nov 201907,46355.302.75$20,528
Oct 201907,67853.472.42$18,570
Sep 201907,23255.052.66$19,217
Aug 201907,51653.112.30$17,320
Jul 20191277,53156.272.46$25,673
Jun 201906,46652.782.49$16,108
May 201908,26358.482.74$22,643
Apr 201907,50362.632.75$20,639
Mar 201906,48656.803.06$19,861
Feb 201905,91550.852.79$16,516
Jan 201906,20446.033.23$20,028
Dec 20181726,46846.594.19$35,085
Nov 201806,37652.934.24$27,017
Oct 201806,81261.443.40$23,148
Sep 201806,86059.543.11$21,321
Aug 201808,68259.403.07$26,624
Jul 201809,09465.142.93$26,663
Jun 201809,37660.183.08$28,849
May 201808,12365.382.90$23,563
Apr 201807,59763.842.90$22,037
Mar 201805,96961.222.79$16,635
Feb 20181356,17761.782.77$25,427
Jan 201807,58662.874.01$30,415
Dec 201707,75157.272.92$22,645
Nov 201706,94055.423.12$21,641
Oct 20171617,19449.292.98$29,400
Sep 201706,57547.523.09$20,299
Aug 201706,96145.373.00$20,914
Jul 201707,23343.873.09$22,330
Jun 201707,41042.493.09$22,877
May 201707,71845.373.26$25,187
Apr 2017657,57447.933.21$27,440
Mar 201708,00946.772.98$23,896
Feb 201707,34150.452.95$21,675
Jan 201708,17249.413.42$27,938
Dec 201608,86548.763.72$33,003
Nov 201608,57942.492.64$22,686
Oct 20161609,12446.193.09$35,586
Sep 201608,74341.553.10$27,109
Aug 201609,30741.442.92$27,217
Jul 201609,60641.622.92$28,091
Jun 20161729,35045.352.69$32,913
May 201609,62342.521.99$19,160
Apr 201609,81736.561.99$19,546
Mar 2016010,23033.011.79$18,353
Feb 201609,73326.472.06$20,085
Jan 2016010,60127.352.36$25,065
Dec 2015010,72232.362.00$21,459
Nov 201516910,43838.792.17$29,178
Oct 2015011,09543.552.43$26,923
Sep 2015010,38442.992.76$28,643
Aug 2015010,99440.162.87$31,580
Jul 201517211,49448.152.95$42,133
Jun 2015011,23956.152.88$32,400
May 20150655.212.96$18
Apr 201506,89749.822.71$18,667
Mar 201507,71742.892.93$22,647
Feb 2015010,72544.662.98$31,920
Jan 201520513,30743.433.10$50,163
Dec 2014012,15854.693.59$43,664
Nov 2014012,34270.464.25$52,476
Oct 2014013,08478.303.90$51,040
Sep 2014013,06086.164.05$52,833
Aug 201418014,05789.394.04$72,812
Jul 2014014,76696.564.18$61,716
Jun 2014014,56898.164.74$69,007
May 201417213,24394.734.73$78,887
Apr 201408,68995.944.81$41,786
Mar 201409,98795.895.06$50,502
Feb 201408,32797.406.19$51,561
Jan 201409,47190.404.86$46,036
Dec 201318910,23291.824.35$61,909
Nov 201309,76188.853.74$36,489
Oct 2013010,52597.423.78$39,778
Sep 2013010,147104.113.72$37,724
Aug 201317610,727104.253.52$56,135
Jul 2013011,811102.523.72$43,910
Jun 2013011,20794.403.93$44,082
May 201317312,16894.834.15$66,892
Apr 2013012,94193.964.28$55,421
Mar 2013012,92693.623.91$50,578
Feb 2013011,96991.233.42$40,933
Jan 20131917,81791.603.42$44,229
Dec 2012013,96386.773.42$47,756
Nov 201218014,51286.953.62$68,256
Oct 2012015,99089.383.40$54,361
Sep 2012016,08594.672.92$46,942
Aug 201216316,06092.662.91$61,809
Jul 201217718,66485.133.02$71,448
Jun 2012018,88179.822.52$47,562
May 201218722,15691.612.49$72,262
Apr 201218224,123101.652.00$66,669
Mar 2012031,389105.052.22$69,749
Feb 201200101.102.57$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           101 bbl  × $106.41 =    $10,747
Gas                5,091 Mcf  × $  3.05 =    $15,506

────────────────────────────────────────────────────
Month total                                  $26,254

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/265134 is the state's own key, not one this site invented.