PRESTON-SCARBERRY (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 266526District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
Jun 2012 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
168
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 bbl$70
GasProduction2,565,773 Mcf$8,825,963
Total$8,826,033

Every month this lease reported (168)

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

168 months

May 202605,748106.413.05$17,507
Apr 202604,65098.932.87$13,344
Mar 202606,01189.753.15$18,931
Feb 202605,35463.503.75$20,079
Jan 202604,53259.138.00$36,247
Dec 202506,20956.664.41$27,403
Nov 202506,32758.593.93$24,843
Oct 202506,65559.383.30$21,994
Sep 202505,26562.743.08$16,200
Aug 202506,26363.933.01$18,881
Jul 202506,33666.743.32$21,005
Jun 202505,96466.483.13$18,660
May 202506,57260.553.23$21,243
Apr 202506,22962.363.54$22,070
Mar 202504,11767.704.27$17,573
Feb 202505,94470.884.34$25,802
Jan 202506,63374.324.28$28,380
Dec 202406,80368.993.12$21,235
Nov 202406,76469.052.20$14,870
Oct 202406,99671.372.28$15,961
Sep 202416,16769.612.36$14,651
Aug 202406,39675.632.06$13,199
Jul 202406,52879.932.15$14,013
Jun 202406,57478.082.63$17,316
May 202406,58378.812.20$14,472
Apr 202406,73184.451.66$11,168
Mar 202406,85380.301.55$10,589
Feb 202406,16076.091.78$10,987
Jan 202403,46373.023.30$11,420
Dec 202305,91171.262.61$15,432
Nov 202306,28577.892.81$17,646
Oct 202306,50985.443.09$20,095
Sep 202306,27089.042.74$17,149
Aug 202305,99680.522.67$16,027
Jul 202306,30574.852.64$16,657
Jun 202306,85968.962.26$15,491
May 202306,47770.622.23$14,427
Apr 202307,44078.122.24$16,649
Mar 202306,79072.852.39$16,250
Feb 202306,24675.112.47$15,401
Jan 202306,64576.533.39$22,511
Dec 202209,66476.415.73$55,366
Nov 2022014,03485.005.65$79,239
Oct 2022015,20587.185.86$89,158
Sep 2022011,11084.888.16$90,698
Aug 202206,96194.529.13$63,534
Jul 202207,385101.587.54$55,698
Jun 202207,150115.097.98$57,037
May 202207,454109.378.43$62,860
Apr 202207,209104.226.84$49,292
Mar 202207,437108.885.08$37,753
Feb 202207,93891.054.86$38,569
Jan 202208,80181.844.54$39,936
Dec 202108,68371.323.90$33,856
Nov 202104,63677.435.24$24,278
Oct 202105,82679.795.71$33,289
Sep 202108,64269.865.35$46,243
Aug 202108,40266.024.22$35,461
Jul 202109,10370.783.98$36,249
Jun 202107,60469.493.38$25,706
May 202107,34863.483.02$22,174
Apr 202107,04560.362.76$19,433
Mar 202106,23761.302.72$16,946
Feb 202106,81557.805.55$37,809
Jan 202109,55150.412.81$26,841
Dec 2020010,25544.642.68$27,437
Nov 202009,91238.772.71$26,828
Oct 2020010,40836.972.48$25,796
Sep 2020010,18537.091.99$20,279
Aug 2020010,54939.982.39$25,160
Jul 2020010,79238.371.83$19,697
Jun 2020010,17634.901.69$17,201
May 2020010,53116.921.81$19,111
Apr 2020010,68214.751.80$19,274
Mar 2020010,86330.341.86$20,164
Feb 2020010,60049.881.98$20,995
Jan 2020011,00857.252.09$23,059
Dec 2019011,39659.012.30$26,260
Nov 2019010,60555.302.75$29,171
Oct 2019011,34353.472.42$27,434
Sep 2019011,37255.052.66$30,219
Aug 2019011,86053.112.30$27,330
Jul 2019012,12856.272.46$29,836
Jun 2019011,90452.782.49$29,655
May 2019012,87958.482.74$35,293
Apr 2019012,74762.632.75$35,063
Mar 2019013,48756.803.06$41,299
Feb 2019012,38750.852.79$34,587
Jan 2019013,95946.033.23$45,062
Dec 2018014,15146.594.19$59,228
Nov 2018014,12852.934.24$59,864
Oct 2018014,48161.443.40$49,208
Sep 2018013,46059.543.11$41,834
Aug 2018014,26559.403.07$43,744
Jul 2018015,08765.142.93$44,233
Jun 2018014,99360.183.08$46,132
May 2018015,47165.382.90$44,878
Apr 2018015,29063.842.90$44,353
Mar 2018016,10161.222.79$44,871
Feb 2018014,87561.782.77$41,146
Jan 2018017,29262.874.01$69,329
Dec 2017017,97057.272.92$52,500
Nov 2017017,87055.423.12$55,725
Oct 2017018,40549.292.98$54,915
Sep 2017013,88447.523.09$42,864
Aug 2017010,60645.373.00$31,865
Jul 2017093243.873.09$2,877
Jun 2017053242.493.09$1,642
May 2017012,47245.373.26$40,701
Apr 2017014,85947.933.21$47,721
Mar 2017011,92846.772.98$35,589
Feb 2017012,25250.452.95$36,175
Jan 2017013,44749.413.42$45,973
Dec 2016019,78348.763.72$73,649
Nov 2016019,76742.492.64$52,271
Oct 2016021,16746.193.09$65,412
Sep 2016018,68441.553.10$57,932
Aug 2016011,30541.442.92$33,060
Jul 2016017541.622.92$512
Jun 201602645.352.69$70
May 2016014,59842.521.99$29,065
Apr 2016019,52936.561.99$38,883
Mar 2016020,38833.011.79$36,576
Feb 2016019,21826.472.06$39,659
Jan 2016021,20827.352.36$50,143
Dec 2015022,31332.362.00$44,657
Nov 2015022,49438.792.17$48,752
Oct 2015023,13943.552.43$56,149
Sep 201505,64842.992.76$15,580
Aug 2015027840.162.87$799
Jul 20150048.152.95$0
Jun 2015011656.152.88$334
May 201504055.212.96$118
Apr 201501549.822.71$41
Mar 201504,68042.892.93$13,734
Feb 2015022,02344.662.98$65,545
Jan 2015025,29043.433.10$78,415
Dec 2014025,98254.693.59$93,311
Nov 2014016,53070.464.25$70,283
Oct 201405,22178.303.90$20,367
Sep 2014026,63086.164.05$107,730
Aug 2014027,57789.394.04$111,277
Jul 2014028,29696.564.18$118,266
Jun 2014027,89098.164.74$132,112
May 2014029,78794.734.73$140,790
Apr 2014025,77095.944.81$123,931
Mar 2014024,50195.895.06$123,897
Feb 2014024,41297.406.19$151,159
Jan 2014028,34990.404.86$137,797
Dec 2013029,29491.824.35$127,560
Nov 2013030,38888.853.74$113,599
Oct 2013033,94797.423.78$128,298
Sep 2013032,479104.113.72$120,748
Aug 2013035,102104.253.52$123,651
Jul 2013036,652102.523.72$136,263
Jun 2013037,34594.403.93$146,893
May 2013041,09194.834.15$170,490
Apr 2013041,85593.964.28$179,248
Mar 2013045,96693.623.91$179,859
Feb 2013043,90691.233.42$150,155
Jan 2013050,84891.603.42$173,896
Dec 2012055,81886.773.42$190,906
Nov 2012057,50386.953.62$208,446
Oct 2012063,83189.383.40$217,005
Sep 2012069,34394.672.92$202,371
Aug 2012080,21592.662.91$233,278
Jul 20120108,47885.133.02$327,690
Jun 2012019,30479.822.52$48,628

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                5,748 Mcf  × $  3.05 =    $17,507

────────────────────────────────────────────────────
Month total                                  $17,507

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/266526 is the state's own key, not one this site invented.