ROOF DRUG

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 266802District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.3 M
Jun 2012 – May 2026
Value, last 12 filed months
$177 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$69
GasProduction2,161,974 Mcf$7,333,760
Total$7,333,829

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 202603,263106.413.05$9,939
Apr 202603,19998.932.87$9,180
Mar 202603,50089.753.15$11,023
Feb 202603,61363.503.75$13,550
Jan 202603,95659.138.00$31,640
Dec 202504,00356.664.41$17,667
Nov 202503,95058.593.93$15,509
Oct 202504,25759.383.30$14,069
Sep 202504,23562.743.08$13,031
Aug 202504,50163.933.01$13,569
Jul 202504,31366.743.32$14,298
Jun 202504,37166.483.13$13,676
May 202504,35760.553.23$14,083
Apr 202504,29262.363.54$15,207
Mar 202504,62567.704.27$19,741
Feb 202504,13370.884.34$17,941
Jan 202504,73174.324.28$20,242
Dec 202404,91368.993.12$15,335
Nov 202404,72269.052.20$10,381
Oct 202404,93071.372.28$11,247
Sep 202404,65469.612.36$11,004
Aug 202404,78175.632.06$9,866
Jul 202404,85679.932.15$10,424
Jun 202404,75078.082.63$12,511
May 202404,70578.812.20$10,344
Apr 202404,47084.451.66$7,417
Mar 202404,83880.301.55$7,475
Feb 202404,43676.091.78$7,912
Jan 202404,59473.023.30$15,149
Dec 202304,69671.262.61$12,260
Nov 202304,50777.892.81$12,654
Oct 202304,76885.443.09$14,720
Sep 202304,70389.042.74$12,863
Aug 202305,02080.522.67$13,418
Jul 202304,67174.852.64$12,340
Jun 202314,31368.962.26$9,810
May 202304,49670.622.23$10,014
Apr 202304,48178.122.24$10,027
Mar 202304,86772.852.39$11,648
Feb 202304,02375.112.47$9,919
Jan 202305,64976.533.39$19,137
Dec 202205,24476.415.73$30,043
Nov 202202,81685.005.65$15,900
Oct 202206,45487.185.86$37,845
Sep 202206,24784.888.16$50,999
Aug 202206,28894.529.13$57,392
Jul 202206,375101.587.54$48,081
Jun 202206,227115.097.98$49,674
May 202206,464109.378.43$54,511
Apr 202206,264104.226.84$42,831
Mar 202206,873108.885.08$34,890
Feb 202206,20291.054.86$30,135
Jan 202206,86381.844.54$31,142
Dec 202106,57271.323.90$25,625
Nov 202106,75477.435.24$35,370
Oct 202106,79079.795.71$38,797
Sep 202106,83369.865.35$36,563
Aug 202106,89366.024.22$29,093
Jul 202107,10070.783.98$28,273
Jun 202107,08369.493.38$23,945
May 202107,50363.483.02$22,642
Apr 202106,93260.362.76$19,121
Mar 202107,56661.302.72$20,556
Feb 202107,11757.805.55$39,485
Jan 202107,55350.412.81$21,226
Dec 202007,55044.642.68$20,200
Nov 202007,25338.772.71$19,631
Oct 202007,52136.972.48$18,640
Sep 202007,29037.091.99$14,515
Aug 202007,75939.982.39$18,506
Jul 202007,81338.371.83$14,260
Jun 202007,56234.901.69$12,782
May 202007,94116.921.81$14,411
Apr 202007,18914.751.80$12,972
Mar 202007,64730.341.86$14,195
Feb 202007,17249.881.98$14,205
Jan 202007,68557.252.09$16,098
Dec 201908,03659.012.30$18,518
Nov 201907,84155.302.75$21,568
Oct 201908,01953.472.42$19,394
Sep 201907,96455.052.66$21,163
Aug 201908,50553.112.30$19,599
Jul 201908,05556.272.46$19,816
Jun 201908,44352.782.49$21,033
May 201908,44558.482.74$23,142
Apr 201908,52362.632.75$23,444
Mar 201908,43856.803.06$25,838
Feb 201908,26850.852.79$23,086
Jan 201908,56846.033.23$27,659
Dec 201809,22546.594.19$38,611
Nov 201809,06752.934.24$38,419
Oct 201809,37861.443.40$31,867
Sep 201809,26359.543.11$28,789
Aug 201809,36359.403.07$28,712
Jul 201809,34065.142.93$27,384
Jun 201809,48660.183.08$29,188
May 2018010,10165.382.90$29,301
Apr 201809,96563.842.90$28,906
Mar 2018010,25261.222.79$28,571
Feb 201809,66261.782.77$26,726
Jan 2018010,32662.874.01$41,400
Dec 2017010,81857.272.92$31,605
Nov 2017010,68055.423.12$33,304
Oct 2017011,31749.292.98$33,766
Sep 2017011,40947.523.09$35,223
Aug 2017011,16745.373.00$33,550
Jul 2017012,13243.873.09$37,455
Jun 2017011,80942.493.09$36,458
May 2017012,47545.373.26$40,711
Apr 2017012,36447.933.21$39,708
Mar 2017013,01946.772.98$38,845
Feb 2017010,85750.452.95$32,056
Jan 2017012,31149.413.42$42,089
Dec 2016012,62148.763.72$46,986
Nov 2016012,48642.492.64$33,017
Oct 2016012,84346.193.09$39,688
Sep 2016012,55741.553.10$38,935
Aug 2016013,38041.442.92$39,128
Jul 2016013,95141.622.92$40,797
Jun 2016014,26445.352.69$38,311
May 2016014,10742.521.99$28,088
Apr 2016014,54636.561.99$28,962
Mar 2016013,05433.011.79$23,419
Feb 2016012,74826.472.06$26,307
Jan 2016013,84527.352.36$32,735
Dec 2015013,74632.362.00$27,511
Nov 2015013,56838.792.17$29,406
Oct 2015014,04343.552.43$34,076
Sep 2015014,15442.992.76$39,043
Aug 2015015,01540.162.87$43,130
Jul 2015014,72648.152.95$43,369
Jun 2015015,02356.152.88$43,309
May 2015016,93955.212.96$50,062
Apr 2015016,89349.822.71$45,722
Mar 2015018,43742.892.93$54,107
Feb 2015016,81944.662.98$50,057
Jan 2015018,69943.433.10$57,979
Dec 2014019,44054.693.59$69,816
Nov 2014020,00970.464.25$85,075
Oct 2014020,10578.303.90$78,429
Sep 2014020,38686.164.05$82,470
Aug 2014020,97089.394.04$84,616
Jul 2014021,27596.564.18$88,921
Jun 2014023,43198.164.74$110,990
May 2014025,18994.734.73$119,057
Apr 2014019,02795.944.81$91,503
Mar 2014018,82495.895.06$95,189
Feb 2014018,77497.406.19$116,249
Jan 2014019,96290.404.86$97,030
Dec 2013021,52991.824.35$93,748
Nov 2013021,81488.853.74$81,547
Oct 2013023,55097.423.78$89,004
Sep 2013023,984104.113.72$89,166
Aug 2013026,350104.253.52$92,821
Jul 2013028,041102.523.72$104,249
Jun 2013028,87894.403.93$113,589
May 2013031,65794.834.15$131,347
Apr 2013032,58793.964.28$139,557
Mar 2013035,65293.623.91$139,502
Feb 2013034,52091.233.42$118,055
Jan 2013041,28191.603.42$141,177
Dec 2012044,48586.773.42$152,146
Nov 2012046,54086.953.62$168,706
Oct 2012052,56189.383.40$178,691
Sep 2012056,73394.672.92$165,570
Aug 2012066,46892.662.91$193,300
Jul 2012077,08385.133.02$232,852
Jun 2012087,97779.822.52$221,618

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                3,263 Mcf  × $  3.05 =     $9,939

────────────────────────────────────────────────────
Month total                                   $9,939

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/266802 is the state's own key, not one this site invented.