BEDINGER, DANIEL

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 265147District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Feb 2012 – May 2026
Value, last 12 filed months
$152 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
CondensateDisposition1,757 bbl$126,006
GasProduction1,691,960 Mcf$5,542,713
Total$5,668,719

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 202604,446106.413.05$13,542
Apr 202604,56398.932.87$13,095
Mar 202604,67489.753.15$14,720
Feb 202603,22363.503.75$12,087
Jan 202601,46759.138.00$11,733
Dec 2025093056.664.41$4,104
Nov 202503,01458.593.93$11,834
Oct 202504,31459.383.30$14,257
Sep 202504,34762.743.08$13,375
Aug 202504,56663.933.01$13,765
Jul 202504,57566.743.32$15,167
Jun 202504,51466.483.13$14,123
May 202504,69560.553.23$15,176
Apr 202504,39562.363.54$15,572
Mar 2025534,03367.704.27$20,802
Feb 202504,15270.884.34$18,023
Jan 202504,95574.324.28$21,201
Dec 202405,21468.993.12$16,275
Nov 202404,42169.052.20$9,719
Oct 202404,94271.372.28$11,275
Sep 202405,04369.612.36$11,923
Aug 202404,86775.632.06$10,044
Jul 202405,05979.932.15$10,860
Jun 202435,23878.082.63$14,031
May 202405,15078.812.20$11,322
Apr 202403,64184.451.66$6,041
Mar 202403,75080.301.55$5,794
Feb 202402,34176.091.78$4,176
Jan 202403,00073.023.30$9,893
Dec 202303,63271.262.61$9,482
Nov 202303,51877.892.81$9,877
Oct 202303,18185.443.09$9,821
Sep 202304,06989.042.74$11,129
Aug 202304,29980.522.67$11,491
Jul 202304,50274.852.64$11,893
Jun 202304,23868.962.26$9,571
May 202305,10570.622.23$11,371
Apr 202305,08478.122.24$11,377
Mar 202305,01072.852.39$11,990
Feb 2023013,89675.112.47$34,263
Jan 202305,71476.533.39$19,357
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202205,61094.529.13$51,203
Jul 202205,610101.587.54$42,311
Jun 202205,579115.097.98$44,505
May 202205,777109.378.43$48,718
Apr 2022155,370104.226.84$38,281
Mar 202205,475108.885.08$27,793
Feb 202205,04891.054.86$24,527
Jan 202205,90481.844.54$26,790
Dec 202105,63371.323.90$21,964
Nov 202105,40377.435.24$28,295
Oct 202105,53279.795.71$31,609
Sep 202105,17269.865.35$27,675
Aug 202104,47966.024.22$18,904
Jul 202104,62970.783.98$18,433
Jun 202105,30069.493.38$17,917
May 202106,17363.483.02$18,628
Apr 202106,84360.362.76$18,876
Mar 202103,01061.302.72$8,178
Feb 202102,02157.805.55$11,212
Jan 202105,62550.412.81$15,808
Dec 202005,79044.642.68$15,491
Nov 202005,03438.772.71$13,625
Oct 202006,00636.972.48$14,885
Sep 202006,32937.091.99$12,601
Aug 202006,40139.982.39$15,267
Jul 202007,64338.371.83$13,949
Jun 2020865,25934.901.69$11,891
May 202006,08716.921.81$11,046
Apr 202006,59514.751.80$11,900
Mar 202007,17430.341.86$13,317
Feb 202005,88749.881.98$11,660
Jan 202006,76657.252.09$14,173
Dec 201906,93859.012.30$15,988
Nov 201907,00155.302.75$19,258
Oct 201905,00653.472.42$12,107
Sep 20191277,35855.052.66$26,544
Aug 201906,72953.112.30$15,506
Jul 201901,57456.272.46$3,872
Jun 201918054852.782.49$10,866
May 201906,26758.482.74$17,174
Apr 201907,01262.632.75$19,288
Mar 201906,40556.803.06$19,613
Feb 201905,87550.852.79$16,404
Jan 201906,80146.033.23$21,955
Dec 201807,26346.594.19$30,399
Nov 201806,80752.934.24$28,843
Oct 201806,76361.443.40$22,981
Sep 201805,56259.543.11$17,287
Aug 201807,44159.403.07$22,818
Jul 201807,69465.142.93$22,558
Jun 201807,26760.183.08$22,360
May 201807,18165.382.90$20,831
Apr 201806,57863.842.90$19,081
Mar 2018052461.222.79$1,460
Feb 20180061.782.77$0
Jan 201807,12162.874.01$28,550
Dec 201708,86557.272.92$25,899
Nov 2017410,15855.423.12$31,898
Oct 20179010,44849.292.98$35,610
Sep 20170047.523.09$0
Aug 2017010,11745.373.00$30,396
Jul 2017010,25143.873.09$31,648
Jun 201701942.493.09$59
May 201708,87245.373.26$28,953
Apr 2017035247.933.21$1,130
Mar 201707,34846.772.98$21,924
Feb 20170050.452.95$0
Jan 201707,91949.413.42$27,073
Dec 20161076,71448.763.72$30,212
Nov 201607,89342.492.64$20,872
Oct 201607,91946.193.09$24,472
Sep 201607,98741.553.10$24,765
Aug 2016011,25041.442.92$32,899
Jul 2016011,49841.622.92$33,624
Jun 201609,95545.352.69$26,737
May 2016011,18542.521.99$22,270
Apr 2016010,55836.561.99$21,021
Mar 2016012,30133.011.79$22,068
Feb 201609,49326.472.06$19,590
Jan 201610210,72427.352.36$28,145
Dec 2015012,32932.362.00$24,675
Nov 201507,69038.792.17$16,667
Oct 201509,65343.552.43$23,424
Sep 2015011,52042.992.76$31,777
Aug 2015011,94440.162.87$34,309
Jul 2015012,42448.152.95$36,590
Jun 2015011,98056.152.88$34,537
May 2015021,29255.212.96$62,927
Apr 20156921,71949.822.71$62,222
Mar 2015020,47942.892.93$60,100
Feb 2015019,64344.662.98$58,461
Jan 2015023,07243.433.10$71,538
Dec 20145624,20254.693.59$89,981
Nov 2014023,42370.464.25$99,591
Oct 2014023,16578.303.90$90,366
Sep 2014022,29486.164.05$90,189
Aug 2014022,54689.394.04$90,976
Jul 2014023,04696.564.18$96,323
Jun 2014017,65998.164.74$83,649
May 2014014,87394.734.73$70,298
Apr 2014014,85895.944.81$71,454
Mar 2014014,52695.895.06$73,455
Feb 2014013,56297.406.19$83,976
Jan 2014015,94190.404.86$77,485
Dec 201315913,95491.824.35$75,362
Nov 2013016,30788.853.74$60,960
Oct 2013017,52197.423.78$66,218
Sep 2013017,543104.113.72$65,220
Aug 2013018,422104.253.52$64,894
Jul 20136219,818102.523.72$80,034
Jun 2013019,55794.403.93$76,926
May 2013020,74794.834.15$86,081
Apr 2013020,59293.964.28$88,187
Mar 2013022,21093.623.91$86,905
Feb 2013022,06791.233.42$75,467
Jan 201327722,72391.603.42$103,084
Dec 2012024,73486.773.42$84,594
Nov 2012025,78286.953.62$93,459
Oct 2012017,33289.383.40$58,923
Sep 2012026,83894.672.92$78,324
Aug 201218629,29692.662.91$102,432
Jul 2012032,11585.133.02$97,013
Jun 2012033,15179.822.52$83,509
May 2012038,33991.612.49$95,400
Apr 201218141,674101.652.00$101,613
Mar 2012052,396105.052.22$116,428
Feb 2012034,520101.102.57$88,725

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                4,446 Mcf  × $  3.05 =    $13,542

────────────────────────────────────────────────────
Month total                                  $13,542

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/265147 is the state's own key, not one this site invented.