NOWLIN-DAVIS (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 266632District 09Field 65280200GasSaveExport
Value, all time
$9.7 M
Feb 2012 – May 2026
Value, last 12 filed months
$314 k
at the published price for each month
Months reported
172
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
GasProduction2,791,791 Mcf$9,654,600
Total$9,654,600

Every month this lease reported (172)

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

172 months

May 20267,194106.413.05$21,912
Apr 20266,43298.932.87$18,458
Mar 20267,29189.753.15$22,963
Feb 20266,64663.503.75$24,925
Jan 20267,21759.138.00$57,721
Dec 20257,48356.664.41$33,025
Nov 20256,97358.593.93$27,379
Oct 20257,26059.383.30$23,993
Sep 20256,50562.743.08$20,015
Aug 20256,95563.933.01$20,968
Jul 20257,29966.743.32$24,198
Jun 20255,98566.483.13$18,725
May 20255,92160.553.23$19,139
Apr 20254,99962.363.54$17,712
Mar 20255,31267.704.27$22,673
Feb 20254,76570.884.34$20,684
Jan 20255,31074.324.28$22,720
Dec 20244,75468.993.12$14,839
Nov 20244,89169.052.20$10,753
Oct 20246,05471.372.28$13,812
Sep 20245,74269.612.36$13,576
Aug 20247,92775.632.06$16,358
Jul 20247,21079.932.15$15,477
Jun 20247,39278.082.63$19,470
May 20248,26478.812.20$18,168
Apr 20248,00584.451.66$13,282
Mar 20248,20680.301.55$12,679
Feb 20247,69176.091.78$13,718
Jan 20247,88673.023.30$26,005
Dec 20238,14771.262.61$21,270
Nov 20237,77177.892.81$21,818
Oct 20238,02185.443.09$24,763
Sep 20237,93289.042.74$21,694
Aug 20238,17680.522.67$21,853
Jul 20238,03074.852.64$21,214
Jun 20238,41768.962.26$19,010
May 20237,01970.622.23$15,634
Apr 20238,12978.122.24$18,191
Mar 20238,25372.852.39$19,751
Feb 20237,38575.112.47$18,209
Jan 20239,25876.533.39$31,364
Dec 20229,22976.415.73$52,874
Nov 20229,01385.005.65$50,889
Oct 20229,45787.185.86$55,454
Sep 20229,01284.888.16$73,571
Aug 20229,28994.529.13$84,782
Jul 20229,555101.587.54$72,065
Jun 20229,289115.097.98$74,100
May 20229,759109.378.43$82,298
Apr 20228,969104.226.84$61,326
Mar 20229,675108.885.08$49,114
Feb 20228,42491.054.86$40,931
Jan 202210,04681.844.54$45,586
Dec 202110,02571.323.90$39,089
Nov 20219,89277.435.24$51,803
Oct 202110,25379.795.71$58,584
Sep 20219,94669.865.35$53,220
Aug 202110,34166.024.22$43,645
Jul 202110,25870.783.98$40,848
Jun 20219,98469.493.38$33,752
May 202110,55863.483.02$31,861
Apr 202110,26560.362.76$28,315
Mar 202110,60561.302.72$28,813
Feb 20218,33957.805.55$46,264
Jan 202110,83550.412.81$30,449
Dec 202010,72244.642.68$28,686
Nov 202010,71038.772.71$28,987
Oct 202011,02836.972.48$27,332
Sep 202010,74037.091.99$21,384
Aug 202011,08339.982.39$26,434
Jul 202011,46138.371.83$20,918
Jun 202010,24934.901.69$17,324
May 202011,23216.921.81$20,383
Apr 202011,44314.751.80$20,648
Mar 202011,66830.341.86$21,658
Feb 202011,30549.881.98$22,391
Jan 202012,50457.252.09$26,193
Dec 201912,78859.012.30$29,468
Nov 201912,30755.302.75$33,853
Oct 201912,77253.472.42$30,890
Sep 201912,63355.052.66$33,569
Aug 201913,10553.112.30$30,199
Jul 201913,05956.272.46$32,126
Jun 201913,10352.782.49$32,642
May 201913,66158.482.74$37,436
Apr 201914,14262.632.75$38,900
Mar 201914,05556.803.06$43,038
Feb 201912,70750.852.79$35,481
Jan 201914,11346.033.23$45,559
Dec 201814,23146.594.19$59,563
Nov 201814,22452.934.24$60,271
Oct 201815,06761.443.40$51,199
Sep 201814,85759.543.11$46,176
Aug 201815,69359.403.07$48,124
Jul 201815,47765.142.93$45,377
Jun 201815,20660.183.08$46,788
May 201816,03565.382.90$46,514
Apr 201815,81763.842.90$45,882
Mar 201816,60161.222.79$46,264
Feb 201815,02861.782.77$41,569
Jan 201817,90262.874.01$71,775
Dec 201717,29357.272.92$50,522
Nov 201716,94455.423.12$52,837
Oct 201718,11049.292.98$54,034
Sep 201717,97047.523.09$55,478
Aug 201718,95145.373.00$56,936
Jul 201719,40043.873.09$59,893
Jun 201719,24842.493.09$59,424
May 201720,68045.373.26$67,487
Apr 201720,10847.933.21$64,579
Mar 201721,89546.772.98$65,328
Feb 201719,97250.452.95$58,969
Jan 201721,92649.413.42$74,961
Dec 201623,96548.763.72$89,218
Nov 201623,79142.492.64$62,912
Oct 201619,30846.193.09$59,667
Sep 201621,29441.553.10$66,025
Aug 201622,77741.442.92$66,608
Jul 201621,51541.622.92$62,917
Jun 20165,33145.352.69$14,318
May 201621,57242.521.99$42,951
Apr 201622,42536.561.99$44,649
Mar 201614,18733.011.79$25,452
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201516,69132.362.00$33,406
Nov 2015138.792.17$2
Oct 201517,12743.552.43$41,560
Sep 201521,64542.992.76$59,706
Aug 201517,12240.162.87$49,183
Jul 201518,64248.152.95$54,902
Jun 201522,25356.152.88$64,152
May 201523,78355.212.96$70,289
Apr 201523,76849.822.71$64,330
Mar 201525,38542.892.93$74,498
Feb 201519,61044.662.98$58,363
Jan 201525,07143.433.10$77,736
Dec 201425,70054.693.59$92,298
Nov 201425,42570.464.25$108,103
Oct 201427,29478.303.90$106,473
Sep 201427,38786.164.05$110,792
Aug 201428,77489.394.04$116,107
Jul 201429,67796.564.18$124,038
Jun 201429,71698.164.74$140,761
May 201431,81594.734.73$150,376
Apr 201430,05595.944.81$144,538
Mar 201427,20295.895.06$137,555
Feb 201425,71297.406.19$159,209
Jan 201429,45090.404.86$143,148
Dec 201330,61691.824.35$133,317
Nov 201330,72888.853.74$114,870
Oct 201333,05497.423.78$124,923
Sep 201332,706104.113.72$121,592
Aug 201334,531104.253.52$121,639
Jul 201336,122102.523.72$134,292
Jun 201336,79294.403.93$144,718
May 201339,88994.834.15$165,503
Apr 201340,69093.964.28$174,259
Mar 201343,97893.623.91$172,080
Feb 201341,86291.233.42$143,164
Jan 201349,21191.603.42$168,297
Dec 201252,92386.773.42$181,005
Nov 201255,01786.953.62$199,434
Oct 201261,71989.383.40$209,825
Sep 201265,38594.672.92$190,820
Aug 201280,27092.662.91$233,438
Jul 201226,47885.133.02$79,985
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0

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                7,194 Mcf  × $  3.05 =    $21,912

────────────────────────────────────────────────────
Month total                                  $21,912

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/266632 is the state's own key, not one this site invented.