DAVIS-BUSSEY (SA)

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 265348District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.2 M
Mar 2012 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
171
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
CondensateDisposition2 bbl$139
GasProduction3,056,059 Mcf$10,244,132
Total$10,244,272

Every month this lease reported (171)

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

171 months

May 202606,033106.413.05$18,376
Apr 202606,01098.932.87$17,247
Mar 202606,15289.753.15$19,375
Feb 202605,42763.503.75$20,353
Jan 202606,19359.138.00$49,531
Dec 202506,57056.664.41$28,996
Nov 202506,68058.593.93$26,229
Oct 202506,12059.383.30$20,226
Sep 202506,71162.743.08$20,649
Aug 202506,35763.933.01$19,165
Jul 202506,35166.743.32$21,055
Jun 202506,66166.483.13$20,840
May 202506,46960.553.23$20,910
Apr 202507,79962.363.54$27,633
Mar 202506,73667.704.27$28,751
Feb 202505,98570.884.34$25,980
Jan 202506,16874.324.28$26,391
Dec 202406,88368.993.12$21,484
Nov 202405,73269.052.20$12,601
Oct 202407,27171.372.28$16,588
Sep 202425,27469.612.36$12,609
Aug 202407,96475.632.06$16,435
Jul 202408,19379.932.15$17,587
Jun 202407,90378.082.63$20,816
May 202407,53378.812.20$16,561
Apr 202407,30084.451.66$12,112
Mar 202408,78580.301.55$13,574
Feb 202407,20376.091.78$12,848
Jan 202407,36173.023.30$24,274
Dec 202307,36671.262.61$19,231
Nov 202307,40477.892.81$20,787
Oct 202307,53085.443.09$23,247
Sep 202307,44889.042.74$20,371
Aug 202307,54280.522.67$20,159
Jul 202307,49874.852.64$19,808
Jun 202307,28868.962.26$16,460
May 202308,07870.622.23$17,993
Apr 202308,07378.122.24$18,065
Mar 2023010,83372.852.39$25,925
Feb 202307,97975.112.47$19,674
Jan 202308,36976.533.39$28,352
Dec 202209,20176.415.73$52,713
Nov 202208,91685.005.65$50,342
Oct 202209,37587.185.86$54,973
Sep 202208,96484.888.16$73,179
Aug 202209,94294.529.13$90,742
Jul 202208,596101.587.54$64,832
Jun 202208,506115.097.98$67,854
May 202208,847109.378.43$74,607
Apr 202208,523104.226.84$58,277
Mar 202209,331108.885.08$47,368
Feb 202208,73491.054.86$42,437
Jan 202209,73781.844.54$44,183
Dec 202109,69371.323.90$37,794
Nov 202109,66377.435.24$50,604
Oct 202109,83379.795.71$56,184
Sep 202109,59669.865.35$51,347
Aug 202109,77666.024.22$41,260
Jul 202109,84070.783.98$39,184
Jun 202109,62569.493.38$32,538
May 202109,70263.483.02$29,277
Apr 202109,34660.362.76$25,780
Mar 2021010,22061.302.72$27,767
Feb 202109,85957.805.55$54,697
Jan 2021010,37350.412.81$29,151
Dec 2020010,62744.642.68$28,432
Nov 2020010,39738.772.71$28,140
Oct 2020010,68836.972.48$26,489
Sep 2020010,49937.091.99$20,904
Aug 2020010,93439.982.39$26,079
Jul 2020010,97038.371.83$20,022
Jun 2020010,23934.901.69$17,307
May 2020010,42616.921.81$18,921
Apr 2020010,43314.751.80$18,825
Mar 2020010,92230.341.86$20,274
Feb 2020010,63149.881.98$21,057
Jan 2020011,13957.252.09$23,333
Dec 2019011,30659.012.30$26,053
Nov 2019011,26255.302.75$30,978
Oct 2019012,10353.472.42$29,272
Sep 2019010,63155.052.66$28,250
Aug 2019012,26853.112.30$28,270
Jul 2019012,62056.272.46$31,046
Jun 2019011,89852.782.49$29,640
May 2019012,40758.482.74$33,999
Apr 2019012,39762.632.75$34,100
Mar 2019013,22856.803.06$40,505
Feb 2019012,16450.852.79$33,965
Jan 2019013,31646.033.23$42,986
Dec 2018013,78746.594.19$57,705
Nov 2018013,95152.934.24$59,114
Oct 2018013,97161.443.40$47,475
Sep 2018013,69859.543.11$42,573
Aug 2018014,24059.403.07$43,668
Jul 2018014,36965.142.93$42,128
Jun 2018013,72460.183.08$42,228
May 2018014,33965.382.90$41,595
Apr 2018014,13563.842.90$41,003
Mar 2018014,93861.222.79$41,630
Feb 2018013,98661.782.77$38,687
Jan 2018015,62862.874.01$62,658
Dec 2017015,97257.272.92$46,663
Nov 2017016,05955.423.12$50,078
Oct 2017017,14049.292.98$51,140
Sep 2017016,24447.523.09$50,150
Aug 2017017,18745.373.00$51,637
Jul 2017017,44643.873.09$53,861
Jun 2017017,11242.493.09$52,830
May 2017018,55745.373.26$60,559
Apr 2017018,18347.933.21$58,397
Mar 2017018,13046.772.98$54,094
Feb 2017017,57150.452.95$51,880
Jan 2017019,32449.413.42$66,065
Dec 201609,73048.763.72$36,223
Nov 2016012,40442.492.64$32,801
Oct 2016018,68146.193.09$57,729
Sep 2016018,79341.553.10$58,270
Aug 201601,02241.442.92$2,989
Jul 2016017,96341.622.92$52,530
Jun 2016019,54045.352.69$52,481
May 2016021,54142.521.99$42,889
Apr 2016023,17736.561.99$46,146
Mar 2016021,04533.011.79$37,755
Feb 2016018,05826.472.06$37,265
Jan 2016019,43627.352.36$45,954
Dec 2015021,12732.362.00$42,284
Nov 2015020,49438.792.17$44,417
Oct 2015021,57943.552.43$52,363
Sep 2015020,88542.992.76$57,610
Aug 2015022,16040.162.87$63,654
Jul 2015023,16148.152.95$68,211
Jun 2015021,15556.152.88$60,987
May 2015026,29355.212.96$77,708
Apr 2015025,47649.822.71$68,953
Mar 2015026,98242.892.93$79,184
Feb 2015025,41644.662.98$75,643
Jan 2015028,67843.433.10$88,920
Dec 2014029,44854.693.59$105,758
Nov 2014023,02670.464.25$97,903
Oct 2014029,13978.303.90$113,670
Sep 2014028,24386.164.05$114,255
Aug 2014031,31289.394.04$126,348
Jul 2014026,70896.564.18$111,629
Jun 2014025,77298.164.74$122,079
May 2014032,66894.734.73$154,407
Apr 2014032,57995.944.81$156,676
Mar 2014032,76395.895.06$165,676
Feb 2014027,85597.406.19$172,478
Jan 2014031,37890.404.86$152,520
Dec 2013033,21091.824.35$144,612
Nov 2013033,60388.853.74$125,617
Oct 2013036,11197.423.78$136,476
Sep 2013035,087104.113.72$130,444
Aug 2013037,964104.253.52$133,732
Jul 2013039,516102.523.72$146,910
Jun 2013040,75894.403.93$160,318
May 2013044,43694.834.15$184,369
Apr 2013045,38293.964.28$194,353
Mar 2013050,00793.623.91$195,671
Feb 2013049,12991.233.42$168,017
Jan 2013056,87891.603.42$194,518
Dec 2012060,94286.773.42$208,431
Nov 2012062,86986.953.62$227,898
Oct 2012072,00689.383.40$244,797
Sep 2012079,08694.672.92$230,805
Aug 2012051,46292.662.91$149,660
Jul 2012030285.133.02$912
Jun 2012022179.822.52$557
May 201203,26991.612.49$8,134
Apr 20120109,483101.652.00$218,616
Mar 20120108,025105.052.22$240,040

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
Condensate             0 bbl  × $106.41 =         $0
Gas                6,033 Mcf  × $  3.05 =    $18,376

────────────────────────────────────────────────────
Month total                                  $18,376

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/265348 is the state's own key, not one this site invented.