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 267468District 09Field 65280200GasSaveExport
Value, all time
$10.2 M
Jul 2012 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
167
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
GasProduction2,973,161 Mcf$10,236,784
Total$10,236,784

Every month this lease reported (167)

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

167 months

May 20266,506106.413.05$19,816
Apr 20266,14098.932.87$17,620
Mar 20265,96689.753.15$18,790
Feb 20265,74863.503.75$21,557
Jan 20265,65359.138.00$45,212
Dec 20256,67356.664.41$29,450
Nov 20256,41858.593.93$25,200
Oct 20256,86459.383.30$22,684
Sep 20256,46262.743.08$19,883
Aug 20256,50363.933.01$19,605
Jul 20256,19266.743.32$20,528
Jun 20256,94266.483.13$21,720
May 20257,84760.553.23$25,364
Apr 20257,66962.363.54$27,172
Mar 20257,98367.704.27$34,074
Feb 20257,78770.884.34$33,802
Jan 20259,29174.324.28$39,753
Dec 20249,37668.993.12$29,266
Nov 20248,00969.052.20$17,607
Oct 20247,31271.372.28$16,682
Sep 20247,95869.612.36$18,816
Aug 20243,98175.632.06$8,215
Jul 20244,06779.932.15$8,730
Jun 20245,00878.082.63$13,191
May 20246,47478.812.20$14,233
Apr 20245,54684.451.66$9,202
Mar 20245,37180.301.55$8,299
Feb 20245,99576.091.78$10,693
Jan 20246,20273.023.30$20,452
Dec 20236,63271.262.61$17,314
Nov 20236,99877.892.81$19,647
Oct 20237,27385.443.09$22,454
Sep 20237,08289.042.74$19,370
Aug 20237,32080.522.67$19,565
Jul 20238,96174.852.64$23,673
Jun 20236,05768.962.26$13,680
May 20237,13570.622.23$15,893
Apr 20238,48178.122.24$18,978
Mar 20238,92072.852.39$21,347
Feb 20237,95675.112.47$19,617
Jan 20238,55276.533.39$28,972
Dec 20228,36476.415.73$47,918
Nov 20229,04585.005.65$51,070
Oct 20229,49787.185.86$55,688
Sep 20228,95684.888.16$73,114
Aug 20229,65994.529.13$88,159
Jul 20229,476101.587.54$71,469
Jun 20229,359115.097.98$74,659
May 20229,731109.378.43$82,062
Apr 20229,183104.226.84$62,790
Mar 20228,466108.885.08$42,977
Feb 20226,65691.054.86$32,340
Jan 202210,09581.844.54$45,808
Dec 202110,17971.323.90$39,689
Nov 20219,93877.435.24$52,044
Oct 20218,92779.795.71$51,008
Sep 20218,97869.865.35$48,041
Aug 20219,71366.024.22$40,995
Jul 202110,55270.783.98$42,019
Jun 202110,22269.493.38$34,557
May 202110,78963.483.02$32,558
Apr 202110,58760.362.76$29,203
Mar 202111,33761.302.72$30,802
Feb 20219,55857.805.55$53,027
Jan 202111,33750.412.81$31,860
Dec 202011,37144.642.68$30,423
Nov 202011,38438.772.71$30,812
Oct 202011,70636.972.48$29,013
Sep 202011,50437.091.99$22,905
Aug 202012,02039.982.39$28,669
Jul 202012,30238.371.83$22,453
Jun 202011,46134.901.69$19,373
May 202011,80216.921.81$21,418
Apr 202011,72114.751.80$21,149
Mar 202011,81330.341.86$21,928
Feb 202011,92249.881.98$23,614
Jan 202012,87757.252.09$26,974
Dec 201912,23659.012.30$28,196
Nov 201912,23855.302.75$33,663
Oct 201913,13953.472.42$31,777
Sep 201913,17155.052.66$34,999
Aug 201913,98753.112.30$32,231
Jul 201914,03656.272.46$34,529
Jun 201913,72152.782.49$34,182
May 201914,41658.482.74$39,504
Apr 20197,22862.632.75$19,882
Mar 201913,20456.803.06$40,432
Feb 201912,38250.852.79$34,573
Jan 201914,21246.033.23$45,879
Dec 201814,50046.594.19$60,689
Nov 201814,52052.934.24$61,525
Oct 201814,06761.443.40$47,801
Sep 201814,94259.543.11$46,440
Aug 201814,86659.403.07$45,587
Jul 201816,40465.142.93$48,095
Jun 201816,70260.183.08$51,391
May 201817,43065.382.90$50,561
Apr 201816,89763.842.90$49,015
Mar 201818,12561.222.79$50,511
Feb 201816,26561.782.77$44,991
Jan 201810,24562.874.01$41,075
Dec 201715,45657.272.92$45,155
Nov 201717,28255.423.12$53,892
Oct 201718,31949.292.98$54,658
Sep 201718,28147.523.09$56,439
Aug 201718,99945.373.00$57,081
Jul 201719,37043.873.09$59,801
Jun 201719,37942.493.09$59,828
May 201716,96045.373.26$55,347
Apr 201716,31747.933.21$52,404
Mar 201712,23446.772.98$36,502
Feb 201714,30350.452.95$42,231
Jan 201722,13149.413.42$75,661
Dec 201610,84348.763.72$40,367
Nov 201612,53442.492.64$33,144
Oct 201622,11246.193.09$68,332
Sep 201618,96741.553.10$58,810
Aug 201616,37041.442.92$47,871
Jul 201613,20341.622.92$38,610
Jun 20169,75845.352.69$26,208
May 201610,81342.521.99$21,529
Apr 20166,02736.561.99$12,000
Mar 201621,87333.011.79$39,240
Feb 201622,73326.472.06$46,913
Jan 201625,78927.352.36$60,974
Dec 201518,10632.362.00$36,238
Nov 201525,80038.792.17$55,917
Oct 201523,32343.552.43$56,595
Sep 201521,97242.992.76$60,608
Aug 201524,91440.162.87$71,565
Jul 201522,87148.152.95$67,357
Jun 201523,22856.152.88$66,963
May 201524,70855.212.96$73,023
Apr 201524,63349.822.71$66,671
Mar 201526,08842.892.93$76,561
Feb 201524,51544.662.98$72,961
Jan 201526,78243.433.10$83,041
Dec 201427,81554.693.59$99,894
Nov 201427,46870.464.25$116,790
Oct 201429,35778.303.90$114,520
Sep 201429,14286.164.05$117,892
Aug 201431,12689.394.04$125,597
Jul 201431,61596.564.18$132,138
Jun 201431,67498.164.74$150,036
May 201433,69294.734.73$159,247
Apr 201432,22895.944.81$154,988
Mar 201430,19095.895.06$152,665
Feb 201428,56097.406.19$176,844
Jan 201432,75690.404.86$159,218
Dec 201333,82091.824.35$147,269
Nov 201333,87288.853.74$126,623
Oct 201336,38997.423.78$137,527
Sep 201335,904104.113.72$133,482
Aug 201338,894104.253.52$137,008
Jul 201340,478102.523.72$150,487
Jun 201338,47894.403.93$151,350
May 201344,91394.834.15$186,348
Apr 201346,08793.964.28$197,372
Mar 201350,25493.623.91$196,637
Feb 201347,83391.233.42$163,585
Jan 201357,08291.603.42$195,215
Dec 201261,51586.773.42$210,391
Nov 201263,72186.953.62$230,986
Oct 201272,28089.383.40$245,729
Sep 201279,38294.672.92$231,668
Aug 201299,51292.662.91$289,397
Jul 201245,40185.133.02$137,147

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                6,506 Mcf  × $  3.05 =    $19,816

────────────────────────────────────────────────────
Month total                                  $19,816

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/267468 is the state's own key, not one this site invented.