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 265467District 09Field 65280200GasSaveExport
Value, all time
$10.9 M
Mar 2012 – May 2026
Value, last 12 filed months
$381 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
GasProduction3,233,129 Mcf$10,903,837
Total$10,903,837

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 20268,679106.413.05$26,435
Apr 20268,40298.932.87$24,111
Mar 20268,44589.753.15$26,597
Feb 20267,28863.503.75$27,332
Jan 20268,40959.138.00$67,255
Dec 20258,66656.664.41$38,246
Nov 20258,43758.593.93$33,127
Oct 20258,93059.383.30$29,512
Sep 20258,20862.743.08$25,255
Aug 20258,66663.933.01$26,126
Jul 20259,00066.743.32$29,837
Jun 20258,61266.483.13$26,945
May 20259,14760.553.23$29,566
Apr 20258,92362.363.54$31,615
Mar 20258,65867.704.27$36,955
Feb 20257,10470.884.34$30,837
Jan 20258,10174.324.28$34,662
Dec 20248,04268.993.12$25,102
Nov 20247,96369.052.20$17,506
Oct 20248,24371.372.28$18,806
Sep 20248,06469.612.36$19,066
Aug 20248,38275.632.06$17,297
Jul 20248,51479.932.15$18,276
Jun 20248,21878.082.63$21,646
May 20248,61078.812.20$18,929
Apr 20248,51584.451.66$14,128
Mar 20248,59280.301.55$13,276
Feb 20248,07476.091.78$14,401
Jan 20248,24973.023.30$27,202
Dec 20238,77871.262.61$22,917
Nov 20238,99377.892.81$25,248
Oct 20239,75685.443.09$30,120
Sep 20239,63989.042.74$26,363
Aug 20239,86980.522.67$26,379
Jul 20239,96874.852.64$26,333
Jun 20239,69468.962.26$21,894
May 20239,68070.622.23$21,561
Apr 20239,77378.122.24$21,870
Mar 202310,21172.852.39$24,437
Feb 20239,09375.112.47$22,420
Jan 202310,06676.533.39$34,101
Dec 20229,85776.415.73$56,472
Nov 202210,11285.005.65$57,094
Oct 202210,73887.185.86$62,965
Sep 202210,35684.888.16$84,543
Aug 202210,51794.529.13$95,990
Jul 202210,675101.587.54$80,512
Jun 202210,148115.097.98$80,953
May 202210,916109.378.43$92,055
Apr 202210,756104.226.84$73,545
Mar 202211,116108.885.08$56,429
Feb 202210,32991.054.86$50,187
Jan 202211,24281.844.54$51,013
Dec 202111,28471.323.90$43,998
Nov 202110,65077.435.24$55,772
Oct 202111,61479.795.71$66,361
Sep 202111,21469.865.35$60,005
Aug 202111,71666.024.22$49,448
Jul 202111,87770.783.98$47,295
Jun 202111,09069.493.38$37,491
May 202111,73263.483.02$35,403
Apr 202111,69460.362.76$32,257
Mar 202112,97461.302.72$35,250
Feb 20217,05257.805.55$39,124
Jan 202111,93150.412.81$33,529
Dec 202012,15044.642.68$32,507
Nov 202011,70938.772.71$31,691
Oct 202012,15536.972.48$30,125
Sep 202011,83837.091.99$23,570
Aug 202012,64039.982.39$30,148
Jul 202012,72938.371.83$23,232
Jun 202011,94534.901.69$20,191
May 202012,44216.921.81$22,579
Apr 202012,47814.751.80$22,515
Mar 202012,64630.341.86$23,474
Feb 202012,37149.881.98$24,503
Jan 202013,38157.252.09$28,030
Dec 201913,78659.012.30$31,768
Nov 201913,53655.302.75$37,233
Oct 201914,11353.472.42$34,133
Sep 201913,07455.052.66$34,741
Aug 201913,89353.112.30$32,014
Jul 201914,56756.272.46$35,836
Jun 201914,09052.782.49$35,101
May 201914,51358.482.74$39,770
Apr 201914,43462.632.75$39,704
Mar 201915,07556.803.06$46,161
Feb 201914,04250.852.79$39,208
Jan 201915,70546.033.23$50,699
Dec 201815,92346.594.19$66,645
Nov 201815,72652.934.24$66,635
Oct 201816,43861.443.40$55,858
Sep 201816,10159.543.11$50,042
Aug 201816,82959.403.07$51,607
Jul 201817,06665.142.93$50,035
Jun 201816,88760.183.08$51,960
May 201817,55665.382.90$50,926
Apr 201817,18363.842.90$49,844
Mar 201817,78761.222.79$49,570
Feb 201816,50261.782.77$45,647
Jan 201818,28462.874.01$73,306
Dec 201718,06457.272.92$52,774
Nov 201718,02355.423.12$56,202
Oct 201718,60249.292.98$55,502
Sep 201718,75647.523.09$57,905
Aug 201718,53545.373.00$55,687
Jul 201719,90343.873.09$61,446
Jun 201719,54342.493.09$60,335
May 201721,07345.373.26$68,770
Apr 201719,88547.933.21$63,863
Mar 201719,29046.772.98$57,555
Feb 201718,48250.452.95$54,570
Jan 201721,15449.413.42$72,321
Dec 201622,89948.763.72$85,249
Nov 201622,63442.492.64$59,852
Oct 201623,10646.193.09$71,404
Sep 201622,64741.553.10$70,220
Aug 201625,06541.442.92$73,299
Jul 201622,07341.622.92$64,549
Jun 201619,07745.352.69$51,238
May 201615,02342.521.99$29,911
Apr 201699536.561.99$1,981
Mar 201614,53733.011.79$26,080
Feb 201620,43626.472.06$42,172
Jan 201610,90227.352.36$25,776
Dec 20152,51532.362.00$5,034
Nov 201522,66338.792.17$49,118
Oct 201525,64143.552.43$62,220
Sep 201524,86042.992.76$68,574
Aug 201526,40740.162.87$75,854
Jul 201527,04848.152.95$79,659
Jun 201526,88656.152.88$77,509
May 201527,69155.212.96$81,839
Apr 201527,49249.822.71$74,409
Mar 201528,97142.892.93$85,021
Feb 201525,32944.662.98$75,384
Jan 201529,32643.433.10$90,929
Dec 201429,46354.693.59$105,812
Nov 201431,02270.464.25$131,901
Oct 201431,94478.303.90$124,612
Sep 201429,72086.164.05$120,230
Aug 201432,98789.394.04$133,107
Jul 201433,30996.564.18$139,218
Jun 201432,83998.164.74$155,554
May 201434,61994.734.73$163,629
Apr 201434,79495.944.81$167,329
Mar 201432,67295.895.06$165,216
Feb 201425,17697.406.19$155,890
Jan 201430,11390.404.86$146,371
Dec 201331,74391.824.35$138,224
Nov 201330,54088.853.74$114,167
Oct 201332,48597.423.78$122,773
Sep 201332,039104.113.72$119,113
Aug 201336,711104.253.52$129,319
Jul 201341,388102.523.72$153,870
Jun 201341,22694.403.93$162,159
May 201344,64794.834.15$185,244
Apr 201344,54993.964.28$190,785
Mar 201347,21093.623.91$184,727
Feb 201335,52891.233.42$121,503
Jan 201346,53791.603.42$159,152
Dec 201246,53386.773.42$159,150
Nov 201257,21586.953.62$207,402
Oct 201257,08489.383.40$194,067
Sep 201271,13694.672.92$207,603
Aug 201264,43292.662.91$187,379
Jul 20121985.133.02$57
Jun 20126879.822.52$171
May 20121,78691.612.49$4,444
Apr 2012118,647101.652.00$236,914
Mar 201285,570105.052.22$190,143

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                8,679 Mcf  × $  3.05 =    $26,435

────────────────────────────────────────────────────
Month total                                  $26,435

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/265467 is the state's own key, not one this site invented.