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 265462District 09Field 65280200GasSaveExport
Value, all time
$11.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$398 k
at the published price for each month
Months reported
171
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
GasProduction3,587,473 Mcf$11,800,331
Total$11,800,331

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 20268,249106.413.05$25,125
Apr 20268,17398.932.87$23,454
Mar 20268,83589.753.15$27,825
Feb 20268,08363.503.75$30,314
Jan 20269,09859.138.00$72,765
Dec 20258,78956.664.41$38,789
Nov 20258,86758.593.93$34,816
Oct 20259,21059.383.30$30,438
Sep 20259,04762.743.08$27,837
Aug 20259,01263.933.01$27,169
Jul 20259,28366.743.32$30,775
Jun 20259,02266.483.13$28,227
May 20259,07060.553.23$29,317
Apr 20256,87162.363.54$24,345
Mar 20256,70867.704.27$28,632
Feb 20257,86370.884.34$34,132
Jan 20259,11174.324.28$38,983
Dec 20245,64768.993.12$17,626
Nov 20248,43569.052.20$18,544
Oct 20248,75371.372.28$19,969
Sep 20248,56869.612.36$20,258
Aug 20248,88275.632.06$18,329
Jul 20248,78279.932.15$18,851
Jun 20248,60978.082.63$22,676
May 20249,36878.812.20$20,595
Apr 20249,29384.451.66$15,419
Mar 20247,64180.301.55$11,806
Feb 20247,97676.091.78$14,226
Jan 202410,24973.023.30$33,798
Dec 202310,24071.262.61$26,734
Nov 202310,15577.892.81$28,511
Oct 20239,93885.443.09$30,681
Sep 20239,76389.042.74$26,702
Aug 20239,81080.522.67$26,221
Jul 20239,77874.852.64$25,832
Jun 20239,31168.962.26$21,029
May 20239,18570.622.23$20,459
Apr 202310,28978.122.24$23,024
Mar 202310,49772.852.39$25,121
Feb 20239,83875.112.47$24,257
Jan 202310,30476.533.39$34,907
Dec 202210,19776.415.73$58,419
Nov 20229,60785.005.65$54,243
Oct 202210,02687.185.86$58,790
Sep 202210,05084.888.16$82,045
Aug 202210,79394.529.13$98,509
Jul 202211,432101.587.54$86,221
Jun 202211,023115.097.98$87,933
May 202210,499109.378.43$88,538
Apr 202210,314104.226.84$70,523
Mar 202210,621108.885.08$53,916
Feb 20229,60191.054.86$46,650
Jan 202210,25581.844.54$46,534
Dec 202111,04171.323.90$43,050
Nov 202111,04677.435.24$57,846
Oct 202111,51479.795.71$65,790
Sep 20219,01869.865.35$48,255
Aug 202111,83966.024.22$49,968
Jul 202111,65870.783.98$46,423
Jun 202111,08369.493.38$37,467
May 202111,86063.483.02$35,790
Apr 202110,53960.362.76$29,071
Mar 202111,43361.302.72$31,063
Feb 20216,54157.805.55$36,289
Jan 202111,01150.412.81$30,944
Dec 202011,74644.642.68$31,426
Nov 202011,53338.772.71$31,215
Oct 202011,89136.972.48$29,471
Sep 202011,97737.091.99$23,847
Aug 202012,60039.982.39$30,052
Jul 202012,70438.371.83$23,186
Jun 202011,65634.901.69$19,702
May 202012,07516.921.81$21,913
Apr 202012,41814.751.80$22,407
Mar 202013,18630.341.86$24,476
Feb 202012,66849.881.98$25,091
Jan 202013,79257.252.09$28,891
Dec 201913,81359.012.30$31,830
Nov 201913,57755.302.75$37,346
Oct 201913,99253.472.42$33,840
Sep 201913,41455.052.66$35,645
Aug 201913,35353.112.30$30,770
Jul 201913,98056.272.46$34,392
Jun 201913,75752.782.49$34,271
May 201913,64258.482.74$37,383
Apr 201913,34562.632.75$36,708
Mar 201913,33156.803.06$40,821
Feb 201911,30750.852.79$31,572
Jan 201914,35346.033.23$46,334
Dec 201814,65946.594.19$61,354
Nov 201813,43852.934.24$56,940
Oct 201815,51561.443.40$52,721
Sep 201816,11759.543.11$50,092
Aug 201817,10459.403.07$52,450
Jul 201817,34565.142.93$50,853
Jun 201817,52160.183.08$53,911
May 201818,34265.382.90$53,206
Apr 201817,62663.842.90$51,130
Mar 201815,33261.222.79$42,728
Feb 201812,15861.782.77$33,630
Jan 201813,94262.874.01$55,898
Dec 201714,06757.272.92$41,097
Nov 201713,81055.423.12$43,065
Oct 20179,53449.292.98$28,446
Sep 201718,71747.523.09$57,785
Aug 201718,79645.373.00$56,471
Jul 201719,54243.873.09$60,332
Jun 201718,69142.493.09$57,704
May 201720,02745.373.26$65,356
Apr 201719,81947.933.21$63,651
Mar 201720,12746.772.98$60,053
Feb 201718,73650.452.95$55,320
Jan 201721,32949.413.42$72,920
Dec 201623,00048.763.72$85,625
Nov 201621,63142.492.64$57,200
Oct 201623,22046.193.09$71,756
Sep 201621,38841.553.10$66,316
Aug 201623,35041.442.92$68,283
Jul 201622,18941.622.92$64,888
Jun 201622,57445.352.69$60,630
May 201625,39942.521.99$50,570
Apr 201624,65136.561.99$49,081
Mar 201625,53433.011.79$45,808
Feb 201625,10926.472.06$51,816
Jan 201625,77927.352.36$60,951
Dec 201520,29232.362.00$40,613
Nov 201527,29738.792.17$59,162
Oct 201525,60843.552.43$62,140
Sep 201527,70842.992.76$76,430
Aug 201527,24140.162.87$78,250
Jul 201526,49048.152.95$78,015
Jun 201526,92456.152.88$77,618
May 201525,10755.212.96$74,202
Apr 201528,64849.822.71$77,538
Mar 201527,11942.892.93$79,586
Feb 201525,09844.662.98$74,696
Jan 201528,23143.433.10$87,534
Dec 201429,01754.693.59$104,210
Nov 201428,85970.464.25$122,704
Oct 201430,40378.303.90$118,601
Sep 201428,28886.164.05$114,437
Aug 201431,17689.394.04$125,799
Jul 201431,89796.564.18$133,317
Jun 201431,50998.164.74$149,254
May 201433,51194.734.73$158,392
Apr 201433,22495.944.81$159,778
Mar 201432,74995.895.06$165,605
Feb 201428,67697.406.19$177,562
Jan 201432,90190.404.86$159,923
Dec 201334,21691.824.35$148,993
Nov 201333,97188.853.74$126,993
Oct 201336,09197.423.78$136,401
Sep 201335,324104.113.72$131,325
Aug 201337,821104.253.52$133,229
Jul 201339,383102.523.72$146,416
Jun 201339,82894.403.93$156,660
May 201343,07594.834.15$178,722
Apr 201343,48593.964.28$186,228
Mar 201347,22593.623.91$184,785
Feb 201345,12591.233.42$154,323
Jan 201352,58791.603.42$179,843
Dec 201255,96086.773.42$191,392
Nov 201257,45886.953.62$208,283
Oct 201263,27389.383.40$215,108
Sep 201267,76294.672.92$197,757
Aug 201279,72392.662.91$231,847
Jul 201289,73385.133.02$271,065
Jun 201286,49979.822.52$217,894
May 201286,40091.612.49$214,991
Apr 2012117,758101.652.00$235,139
Mar 201290,972105.052.22$202,147

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                8,249 Mcf  × $  3.05 =    $25,125

────────────────────────────────────────────────────
Month total                                  $25,125

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/265462 is the state's own key, not one this site invented.