BEDINGER-NORTH

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 265144District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Feb 2012 – May 2026
Value, last 12 filed months
$87 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
CondensateDisposition323 bbl$23,769
GasProduction888,296 Mcf$2,954,575
Total$2,978,345

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 202603,295106.413.05$10,036
Apr 202602,97898.932.87$8,546
Mar 202601,36189.753.15$4,286
Feb 2026044163.503.75$1,654
Jan 2026088959.138.00$7,110
Dec 202501,19456.664.41$5,270
Nov 202501,98158.593.93$7,778
Oct 202502,92759.383.30$9,673
Sep 202502,53362.743.08$7,794
Aug 202502,49463.933.01$7,519
Jul 202502,59266.743.32$8,593
Jun 202502,63566.483.13$8,244
May 202502,63260.553.23$8,507
Apr 202501,90762.363.54$6,757
Mar 202502,15967.704.27$9,215
Feb 202501,97370.884.34$8,564
Jan 202502,90674.324.28$12,434
Dec 202403,27968.993.12$10,235
Nov 202403,35369.052.20$7,371
Oct 202403,52771.372.28$8,047
Sep 202403,43369.612.36$8,117
Aug 202403,39575.632.06$7,006
Jul 202403,37779.932.15$7,249
Jun 202403,38678.082.63$8,919
May 202403,58578.812.20$7,881
Apr 202402,90684.451.66$4,822
Mar 202403,16080.301.55$4,883
Feb 202403,13076.091.78$5,583
Jan 202403,35073.023.30$11,047
Dec 202303,44471.262.61$8,991
Nov 202303,64977.892.81$10,245
Oct 202303,86185.443.09$11,920
Sep 202303,17689.042.74$8,686
Aug 202303,30780.522.67$8,839
Jul 202303,31674.852.64$8,760
Jun 202303,30468.962.26$7,462
May 202303,70170.622.23$8,244
Apr 202303,76478.122.24$8,423
Mar 202303,53072.852.39$8,448
Feb 2023011,50075.112.47$28,355
Jan 202303,39276.533.39$11,491
Dec 2022021076.415.73$1,203
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202203,49994.529.13$31,936
Jul 202204,198101.587.54$31,662
Jun 202204,540115.097.98$36,216
May 202204,765109.378.43$40,183
Apr 202204,777104.226.84$32,663
Mar 202204,613108.885.08$23,417
Feb 202203,24891.054.86$15,782
Jan 202204,26281.844.54$19,340
Dec 202104,15071.323.90$16,181
Nov 202105,05077.435.24$26,446
Oct 202105,87579.795.71$33,569
Sep 202105,91869.865.35$31,667
Aug 202106,30166.024.22$26,594
Jul 202106,50470.783.98$25,899
Jun 202105,87669.493.38$19,865
May 202104,95663.483.02$14,956
Apr 202104,96860.362.76$13,704
Mar 202102,32561.302.72$6,317
Feb 202102,02157.805.55$11,212
Jan 202105,25850.412.81$14,776
Dec 202003,86444.642.68$10,338
Nov 202002,95738.772.71$8,003
Oct 202004,75036.972.48$11,773
Sep 202004,36137.091.99$8,683
Aug 202005,68439.982.39$13,557
Jul 202004,85438.371.83$8,859
Jun 202003,23134.901.69$5,461
May 2020058416.921.81$1,060
Apr 202003,30514.751.80$5,963
Mar 202003,39230.341.86$6,296
Feb 202003,35049.881.98$6,635
Jan 202003,42457.252.09$7,172
Dec 201903,33659.012.30$7,687
Nov 201903,42655.302.75$9,424
Oct 201902,10053.472.42$5,079
Sep 201903,67855.052.66$9,773
Aug 201903,33053.112.30$7,674
Jul 201904,07656.272.46$10,027
Jun 2019024552.782.49$610
May 201902,95358.482.74$8,092
Apr 201903,06662.632.75$8,434
Mar 201903,51056.803.06$10,748
Feb 201903,59750.852.79$10,044
Jan 201904,09346.033.23$13,213
Dec 201804,72346.594.19$19,768
Nov 201804,86052.934.24$20,593
Oct 201805,58061.443.40$18,961
Sep 201803,87059.543.11$12,028
Aug 201805,41259.403.07$16,596
Jul 201805,12865.142.93$15,035
Jun 201805,08960.183.08$15,658
May 201803,37665.382.90$9,793
Apr 201807,01463.842.90$20,346
Mar 201807,01461.222.79$19,547
Feb 201804,96161.782.77$13,723
Jan 201806,62362.874.01$26,554
Dec 201706,60357.272.92$19,291
Nov 201726,79855.423.12$21,309
Oct 2017375,80249.292.98$19,135
Sep 20170047.523.09$0
Aug 201702,94545.373.00$8,848
Jul 201703,45643.873.09$10,670
Jun 20170042.493.09$0
May 201705,13345.373.26$16,751
Apr 20170047.933.21$0
Mar 201706,07446.772.98$18,123
Feb 20170050.452.95$0
Jan 201705,35849.413.42$18,318
Dec 201603,37248.763.72$12,553
Nov 201605,74842.492.64$15,200
Oct 201604,89746.193.09$15,133
Sep 201604,46641.553.10$13,847
Aug 201603,35241.442.92$9,802
Jul 201603,22941.622.92$9,443
Jun 201602,73045.352.69$7,332
May 201604,95042.521.99$9,856
Apr 201603,93936.561.99$7,843
Mar 201605,93333.011.79$10,644
Feb 201602,89426.472.06$5,972
Jan 201601,24427.352.36$2,941
Dec 201502,24232.362.00$4,487
Nov 2015091538.792.17$1,983
Oct 201506,49843.552.43$15,768
Sep 201508,17642.992.76$22,553
Aug 201508,50040.162.87$24,416
Jul 201509,02548.152.95$26,579
Jun 201508,16356.152.88$23,533
May 201502,87655.212.96$8,500
Apr 20151012,95449.822.71$13,027
Mar 201503,76742.892.93$11,055
Feb 201502,32944.662.98$6,932
Jan 201501,06043.433.10$3,287
Dec 2014096254.693.59$3,455
Nov 201402,99070.464.25$12,713
Oct 201402,16578.303.90$8,446
Sep 201403,05986.164.05$12,375
Aug 201403,38289.394.04$13,647
Jul 201403,05596.564.18$12,769
Jun 201401,30798.164.74$6,191
May 201409,48794.734.73$44,841
Apr 2014010,55295.944.81$50,746
Mar 2014010,33195.895.06$52,242
Feb 2014010,51997.406.19$65,134
Jan 201409,68490.404.86$47,071
Dec 201318310,45691.824.35$62,334
Nov 2013010,23988.853.74$38,276
Oct 2013010,94597.423.78$41,365
Sep 2013010,927104.113.72$40,624
Aug 2013011,063104.253.52$38,971
Jul 2013012,197102.523.72$45,345
Jun 2013011,47994.403.93$45,152
May 2013013,82494.834.15$57,357
Apr 2013011,26593.964.28$48,243
Mar 201307,52793.623.91$29,452
Feb 201303,82691.233.42$13,085
Jan 2013030291.603.42$1,033
Dec 2012010,59386.773.42$36,230
Nov 2012016,56086.953.62$60,029
Oct 2012016,63089.383.40$56,537
Sep 2012016,76294.672.92$48,918
Aug 2012017,78592.662.91$51,722
Jul 2012018,99085.133.02$57,365
Jun 2012019,68679.822.52$49,590
May 2012017,85791.612.49$44,434
Apr 2012017,943101.652.00$35,829
Mar 2012029,700105.052.22$65,996
Feb 2012013,967101.102.57$35,899

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                3,295 Mcf  × $  3.05 =    $10,036

────────────────────────────────────────────────────
Month total                                  $10,036

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/265144 is the state's own key, not one this site invented.