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 266807District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.6 M
Jun 2012 – May 2026
Value, last 12 filed months
$394 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
GasProduction3,412,884 Mcf$11,587,757
Total$11,587,827

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 202609,009106.413.05$27,440
Apr 202608,85198.932.87$25,400
Mar 202608,98589.753.15$28,298
Feb 202607,67663.503.75$28,787
Jan 202609,09759.138.00$72,757
Dec 202509,20556.664.41$40,625
Nov 202508,86858.593.93$34,820
Oct 202509,20459.383.30$30,418
Sep 202509,02562.743.08$27,769
Aug 202508,75563.933.01$26,394
Jul 202507,79366.743.32$25,835
Jun 202508,28866.483.13$25,931
May 202509,01660.553.23$29,143
Apr 202509,05062.363.54$32,065
Mar 202509,33667.704.27$39,849
Feb 202508,18370.884.34$35,521
Jan 202509,20374.324.28$39,377
Dec 202409,26668.993.12$28,923
Nov 202409,08169.052.20$19,964
Oct 202409,40771.372.28$21,461
Sep 202419,23869.612.36$21,912
Aug 202409,57875.632.06$19,765
Jul 202409,54279.932.15$20,483
Jun 202409,37778.082.63$24,699
May 202409,77078.812.20$21,479
Apr 202409,57484.451.66$15,885
Mar 202409,96580.301.55$15,397
Feb 202409,26876.091.78$16,531
Jan 2024010,49073.023.30$34,592
Dec 2023010,12371.262.61$26,428
Nov 202309,81477.892.81$27,553
Oct 2023010,22485.443.09$31,564
Sep 202309,96889.042.74$27,263
Aug 2023010,23280.522.67$27,349
Jul 2023010,32774.852.64$27,282
Jun 202309,92868.962.26$22,422
May 2023010,52170.622.23$23,434
Apr 2023010,11678.122.24$22,637
Mar 2023010,48172.852.39$25,083
Feb 202309,51675.112.47$23,463
Jan 2023010,62676.533.39$35,998
Dec 2022010,71976.415.73$61,410
Nov 2022010,41385.005.65$58,794
Oct 2022010,86787.185.86$63,721
Sep 2022010,59984.888.16$86,527
Aug 2022010,83494.529.13$98,884
Jul 2022011,000101.587.54$82,963
Jun 2022010,817115.097.98$86,289
May 2022011,638109.378.43$98,144
Apr 2022011,325104.226.84$77,436
Mar 2022011,917108.885.08$60,495
Feb 2022010,69891.054.86$51,980
Jan 2022012,01281.844.54$54,507
Dec 2021012,07871.323.90$47,094
Nov 2021012,01177.435.24$62,900
Oct 2021012,26379.795.71$70,069
Sep 2021011,55369.865.35$61,819
Aug 2021012,11266.024.22$51,120
Jul 2021012,31070.783.98$49,019
Jun 2021012,46669.493.38$42,143
May 2021012,86763.483.02$38,828
Apr 2021012,42460.362.76$34,271
Mar 2021013,22861.302.72$35,940
Feb 2021011,72757.805.55$65,061
Jan 2021012,92650.412.81$36,326
Dec 2020013,01744.642.68$34,826
Nov 2020012,38838.772.71$33,529
Oct 2020013,11236.972.48$32,497
Sep 2020012,81437.091.99$25,513
Aug 2020013,30539.982.39$31,734
Jul 2020013,55038.371.83$24,730
Jun 2020012,62934.901.69$21,347
May 2020013,55216.921.81$24,593
Apr 2020013,41214.751.80$24,200
Mar 2020013,58830.341.86$25,222
Feb 2020013,32949.881.98$26,400
Jan 2020014,53257.252.09$30,441
Dec 2019014,74859.012.30$33,985
Nov 2019014,45755.302.75$39,767
Oct 2019014,99853.472.42$36,273
Sep 2019014,59755.052.66$38,788
Aug 2019015,01253.112.30$34,593
Jul 2019014,72456.272.46$36,222
Jun 2019014,95052.782.49$37,243
May 2019016,03558.482.74$43,941
Apr 2019015,71062.632.75$43,214
Mar 2019016,49256.803.06$50,500
Feb 2019015,05250.852.79$42,029
Jan 2019016,92346.033.23$54,630
Dec 2018016,74346.594.19$70,077
Nov 2018016,60052.934.24$70,338
Oct 2018017,43961.443.40$59,259
Sep 2018017,11559.543.11$53,193
Aug 2018017,73659.403.07$54,389
Jul 2018017,77865.142.93$52,123
Jun 2018017,86860.183.08$54,978
May 2018018,67365.382.90$54,167
Apr 2018018,34663.842.90$53,218
Mar 2018019,26461.222.79$53,686
Feb 2018017,89261.782.77$49,491
Jan 2018019,03062.874.01$76,297
Dec 2017019,73857.272.92$57,665
Nov 2017018,89955.423.12$58,934
Oct 2017018,79049.292.98$56,063
Sep 2017017,98447.523.09$55,522
Aug 2017020,49745.373.00$61,581
Jul 2017021,55443.873.09$66,543
Jun 2017021,50542.493.09$66,392
May 2017021,36545.373.26$69,723
Apr 2017020,34947.933.21$65,353
Mar 2017020,52846.772.98$61,249
Feb 2017019,61550.452.95$57,915
Jan 2017021,87149.413.42$74,773
Dec 2016021,61148.763.72$80,454
Nov 2016021,61442.492.64$57,155
Oct 2016022,73246.193.09$70,248
Sep 2016022,34841.553.10$69,293
Aug 2016023,68441.442.92$69,260
Jul 2016024,96741.622.92$73,012
Jun 2016024,68445.352.69$66,297
May 2016024,52242.521.99$48,824
Apr 2016022,88936.561.99$45,573
Mar 2016024,41533.011.79$43,801
Feb 2016023,19426.472.06$47,864
Jan 2016025,32527.352.36$59,877
Dec 2015025,79532.362.00$51,626
Nov 2015025,44838.792.17$55,154
Oct 2015026,72443.552.43$64,848
Sep 2015025,39942.992.76$70,061
Aug 2015027,99640.162.87$80,418
Jul 2015028,32048.152.95$83,405
Jun 2015027,62356.152.88$79,633
May 2015028,61555.212.96$84,570
Apr 2015028,07549.822.71$75,987
Mar 2015029,38442.892.93$86,234
Feb 2015025,55044.662.98$76,042
Jan 2015028,60843.433.10$88,703
Dec 2014029,41554.693.59$105,640
Nov 2014028,48570.464.25$121,114
Oct 2014031,85778.303.90$124,273
Sep 2014029,82086.164.05$120,635
Aug 2014031,52189.394.04$127,191
Jul 2014030,26596.564.18$126,496
Jun 2014027,67998.164.74$131,112
May 2014029,79494.734.73$140,823
Apr 2014029,89595.944.81$143,769
Mar 2014031,45895.895.06$159,077
Feb 2014029,69897.406.19$183,890
Jan 2014033,86990.404.86$164,628
Dec 2013035,23991.824.35$153,448
Nov 2013035,68588.853.74$133,401
Oct 2013038,20897.423.78$144,402
Sep 2013037,053104.113.72$137,753
Aug 2013039,690104.253.52$139,812
Jul 2013041,332102.523.72$153,662
Jun 2013041,81194.403.93$164,460
May 2013045,33794.834.15$188,107
Apr 2013045,79793.964.28$196,130
Mar 2013049,74993.623.91$194,661
Feb 2013047,15491.233.42$161,262
Jan 2013055,18191.603.42$188,714
Dec 2012059,17686.773.42$202,391
Nov 2012058,36886.953.62$211,582
Oct 2012064,52489.383.40$219,361
Sep 2012069,20994.672.92$201,980
Aug 2012084,33892.662.91$245,268
Jul 20120105,65185.133.02$319,151
Jun 2012019,21979.822.52$48,413

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                9,009 Mcf  × $  3.05 =    $27,440

────────────────────────────────────────────────────
Month total                                  $27,440

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/266807 is the state's own key, not one this site invented.