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 265464District 09Field 65280200GasSaveExport
Value, all time
$8.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$267 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
GasProduction2,502,653 Mcf$8,428,458
Total$8,428,458

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 20265,938106.413.05$18,086
Apr 20265,90498.932.87$16,943
Mar 20266,25789.753.15$19,706
Feb 20265,41963.503.75$20,323
Jan 20265,42259.138.00$43,365
Dec 20256,10056.664.41$26,922
Nov 20256,08858.593.93$23,904
Oct 20256,30659.383.30$20,840
Sep 20256,06862.743.08$18,671
Aug 20256,14463.933.01$18,523
Jul 20256,20866.743.32$20,581
Jun 20256,14166.483.13$19,213
May 20255,90560.553.23$19,087
Apr 20256,95662.363.54$24,646
Mar 20255,89867.704.27$25,175
Feb 20255,54570.884.34$24,070
Jan 20256,10074.324.28$26,100
Dec 20246,71568.993.12$20,960
Nov 20246,09369.052.20$13,395
Oct 20245,94271.372.28$13,556
Sep 20245,52369.612.36$13,058
Aug 20245,24375.632.06$10,820
Jul 20244,80079.932.15$10,304
Jun 20244,87878.082.63$12,849
May 20245,57778.812.20$12,261
Apr 20246,09384.451.66$10,110
Mar 20246,37180.301.55$9,844
Feb 20246,72976.091.78$12,002
Jan 20246,56573.023.30$21,649
Dec 20236,76971.262.61$17,672
Nov 20235,29977.892.81$14,877
Oct 20236,47085.443.09$19,975
Sep 20236,57789.042.74$17,988
Aug 20236,91780.522.67$18,488
Jul 20237,01174.852.64$18,522
Jun 20236,83568.962.26$15,437
May 20236,01770.622.23$13,402
Apr 20237,30378.122.24$16,342
Mar 20237,75372.852.39$18,554
Feb 20237,35675.112.47$18,138
Jan 20238,23876.533.39$27,908
Dec 20227,83476.415.73$44,882
Nov 20227,57685.005.65$42,776
Oct 20228,01487.185.86$46,992
Sep 20227,69784.888.16$62,836
Aug 20228,00594.529.13$73,063
Jul 20228,024101.587.54$60,518
Jun 20227,989115.097.98$63,730
May 20228,539109.378.43$72,010
Apr 20227,859104.226.84$53,737
Mar 20228,578108.885.08$43,545
Feb 20227,75091.054.86$37,656
Jan 20228,58981.844.54$38,974
Dec 20218,72771.323.90$34,028
Nov 20218,55977.435.24$44,822
Oct 20218,82579.795.71$50,425
Sep 20218,61969.865.35$46,120
Aug 20218,71166.024.22$36,766
Jul 20218,48870.783.98$33,800
Jun 20218,68869.493.38$29,371
May 20219,27163.483.02$27,977
Apr 20218,62560.362.76$23,791
Mar 20219,59361.302.72$26,064
Feb 20217,53157.805.55$41,782
Jan 20219,19850.412.81$25,849
Dec 20208,89044.642.68$23,785
Nov 20209,56538.772.71$25,888
Oct 20209,74736.972.48$24,157
Sep 20209,24737.091.99$18,411
Aug 202010,37539.982.39$24,745
Jul 20209,68738.371.83$17,680
Jun 20209,83134.901.69$16,617
May 202010,62916.921.81$19,289
Apr 202010,56314.751.80$19,060
Mar 202011,08930.341.86$20,584
Feb 20208,74149.881.98$17,313
Jan 20209,03457.252.09$18,924
Dec 201910,08259.012.30$23,233
Nov 20199,58655.302.75$26,368
Oct 201911,02853.472.42$26,672
Sep 201910,64355.052.66$28,281
Aug 201911,32753.112.30$26,101
Jul 201911,22256.272.46$27,607
Jun 201911,25252.782.49$28,031
May 201910,74858.482.74$29,453
Apr 201911,23762.632.75$30,910
Mar 201912,36156.803.06$37,851
Feb 201911,66250.852.79$32,563
Jan 201911,52846.033.23$37,214
Dec 201812,21246.594.19$51,113
Nov 201812,93552.934.24$54,809
Oct 201813,33261.443.40$45,303
Sep 201813,46659.543.11$41,852
Aug 201814,36259.403.07$44,042
Jul 201814,05065.142.93$41,193
Jun 201811,67460.183.08$35,920
May 201812,57665.382.90$36,480
Apr 201812,24263.842.90$35,512
Mar 201814,16361.222.79$39,470
Feb 201814,31561.782.77$39,597
Jan 201815,80562.874.01$63,367
Dec 201716,52357.272.92$48,272
Nov 201716,59755.423.12$51,755
Oct 201717,81449.292.98$53,151
Sep 20173,80447.523.09$11,744
Aug 201715,99245.373.00$48,046
Jul 201716,01843.873.09$49,452
Jun 201711,40442.493.09$35,207
May 201716,91145.373.26$55,187
Apr 201711,78647.933.21$37,852
Mar 201717,33546.772.98$51,722
Feb 201714,18350.452.95$41,877
Jan 201714,89049.413.42$50,906
Dec 201611,12148.763.72$41,402
Nov 201613,13542.492.64$34,734
Oct 20169,06146.193.09$28,001
Sep 201615,86541.553.10$49,191
Aug 201620,66541.442.92$60,431
Jul 201620,04741.622.92$58,624
Jun 201610,02845.352.69$26,934
May 201664442.521.99$1,282
Apr 20166936.561.99$137
Mar 2016833.011.79$14
Feb 20169226.472.06$190
Jan 20167,91327.352.36$18,709
Dec 201511,60032.362.00$23,216
Nov 20155138.792.17$111
Oct 201518,02343.552.43$43,734
Sep 20155142.992.76$141
Aug 201510,38040.162.87$29,816
Jul 201521,68848.152.95$63,873
Jun 201516,82356.152.88$48,498
May 2015055.212.96$0
Apr 201550849.822.71$1,375
Mar 201518,04842.892.93$52,966
Feb 201517,10144.662.98$50,896
Jan 201520,66943.433.10$64,087
Dec 201419,83154.693.59$71,220
Nov 201420,71770.464.25$88,085
Oct 201420,90078.303.90$81,530
Sep 201421,70586.164.05$87,806
Aug 201423,41289.394.04$94,470
Jul 201424,31896.564.18$101,640
Jun 201424,29498.164.74$115,078
May 201426,08994.734.73$123,311
Apr 201426,26595.944.81$126,312
Mar 201428,44395.895.06$143,831
Feb 201426,32097.406.19$162,973
Jan 201425,46290.404.86$123,764
Dec 201323,14191.824.35$100,767
Nov 201322,55888.853.74$84,328
Oct 201324,42297.423.78$92,300
Sep 201323,927104.113.72$88,954
Aug 201327,229104.253.52$95,917
Jul 201328,336102.523.72$105,346
Jun 201328,05394.403.93$110,344
May 201331,37494.834.15$130,173
Apr 201332,10293.964.28$137,480
Mar 201334,82493.623.91$136,262
Feb 201333,23091.233.42$113,644
Jan 201338,65391.603.42$132,190
Dec 201241,09986.773.42$140,565
Nov 201241,95586.953.62$152,085
Oct 201245,53289.383.40$154,794
Sep 201247,49994.672.92$138,621
Aug 201253,58992.662.91$155,845
Jul 201259,20385.133.02$178,840
Jun 201264,32779.822.52$162,042
May 201274,97891.612.49$186,569
Apr 201287,215101.652.00$174,151
Mar 201266,836105.052.22$148,515

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                5,938 Mcf  × $  3.05 =    $18,086

────────────────────────────────────────────────────
Month total                                  $18,086

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/265464 is the state's own key, not one this site invented.