GRANT FAMILY GAS UNIT

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 268272District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Oct 2012 – May 2026
Value, last 12 filed months
$406 k
at the published price for each month
Months reported
164
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
CondensateDisposition18,075 bbl$1,406,289
GasProduction2,303,839 Mcf$7,941,222
Total$9,347,511

Every month this lease reported (164)

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

164 months

May 202608,921106.413.05$27,172
Apr 202608,56798.932.87$24,585
Mar 2026888,79089.753.15$35,582
Feb 202607,93163.503.75$29,744
Jan 202608,72359.138.00$69,766
Dec 202508,84456.664.41$39,032
Nov 202508,83458.593.93$34,686
Oct 202508,83359.383.30$29,192
Sep 2025928,71062.743.08$32,572
Aug 202509,02763.933.01$27,214
Jul 202508,95666.743.32$29,691
Jun 202508,46966.483.13$26,497
May 202508,74960.553.23$28,280
Apr 202508,89762.363.54$31,523
Mar 20251149,57567.704.27$48,587
Feb 202508,48070.884.34$36,810
Jan 202509,83574.324.28$42,081
Dec 202409,27268.993.12$28,941
Nov 202409,39769.052.20$20,659
Oct 202409,66771.372.28$22,054
Sep 202409,23769.612.36$21,840
Aug 202409,66575.632.06$19,945
Jul 2024010,04979.932.15$21,571
Jun 202409,30678.082.63$24,512
May 202409,93578.812.20$21,842
Apr 2024999,38784.451.66$23,935
Mar 2024679,81680.301.55$20,547
Feb 202408,36376.091.78$14,917
Jan 202408,55173.023.30$28,198
Dec 202309,42471.262.61$24,603
Nov 202309,46577.892.81$26,574
Oct 202309,43985.443.09$29,141
Sep 202309,77989.042.74$26,746
Aug 2023010,93580.522.67$29,228
Jul 2023010,49574.852.64$27,726
Jun 2023469,80968.962.26$25,326
May 2023010,30370.622.23$22,949
Apr 2023619,46178.122.24$25,937
Mar 202309,49172.852.39$22,713
Feb 2023908,47975.112.47$27,666
Jan 202309,57676.533.39$32,441
Dec 202209,17376.415.73$52,553
Nov 202209,83885.005.65$55,547
Oct 2022010,16787.185.86$59,617
Sep 2022010,09284.888.16$82,388
Aug 2022011,13794.529.13$101,649
Jul 2022010,903101.587.54$82,231
Jun 2022010,184115.097.98$81,240
May 202209,276109.378.43$78,225
Apr 2022698,997104.226.84$68,709
Mar 202209,255108.885.08$46,982
Feb 202208,37391.054.86$40,683
Jan 202209,19181.844.54$41,706
Dec 20211478,01571.323.90$41,735
Nov 202107,56777.435.24$39,627
Oct 202107,95979.795.71$45,477
Sep 202109,81669.865.35$52,525
Aug 202109,19766.024.22$38,817
Jul 2021448,92570.783.98$38,654
Jun 202108,57469.493.38$28,985
May 202109,10463.483.02$27,473
Apr 20211668,65660.362.76$33,897
Mar 2021010,47961.302.72$28,471
Feb 202109,17757.805.55$50,914
Jan 2021012,10850.412.81$34,027
Dec 2020011,55644.642.68$30,918
Nov 202018510,19538.772.71$34,766
Oct 2020010,30936.972.48$25,550
Sep 202009,73237.091.99$19,377
Aug 2020010,94939.982.39$26,114
Jul 2020010,86638.371.83$19,832
Jun 2020010,22434.901.69$17,282
May 2020010,57516.921.81$19,191
Apr 20203510,34514.751.80$19,183
Mar 202018210,55430.341.86$25,113
Feb 202009,13649.881.98$18,095
Jan 202009,15057.252.09$19,167
Dec 201908,73059.012.30$20,117
Nov 20191308,44955.302.75$30,430
Oct 2019011,54053.472.42$27,910
Sep 2019011,47055.052.66$30,479
Aug 2019011,84953.112.30$27,304
Jul 201913412,11156.272.46$37,334
Jun 2019010,89152.782.49$27,132
May 2019011,77358.482.74$32,262
Apr 201918811,21262.632.75$42,615
Mar 2019011,80856.803.06$36,157
Feb 2019010,54050.852.79$29,430
Jan 2019010,73346.033.23$34,648
Dec 201819210,25246.594.19$51,854
Nov 201809,92552.934.24$42,055
Oct 2018010,32161.443.40$35,072
Sep 201809,97459.543.11$30,999
Aug 20181739,71359.403.07$40,062
Jul 2018012,45365.142.93$36,511
Jun 2018012,26060.183.08$37,723
May 201818011,90665.382.90$46,305
Apr 2018011,45763.842.90$33,234
Mar 2018012,06861.222.79$33,632
Feb 201817710,98861.782.77$41,329
Jan 2018012,30962.874.01$49,351
Dec 2017012,43957.272.92$36,341
Nov 201718212,30155.423.12$48,445
Oct 2017011,83049.292.98$35,297
Sep 2017012,05947.523.09$37,230
Aug 2017012,49445.373.00$37,537
Jul 201717512,96943.873.09$47,716
Jun 2017012,55342.493.09$38,755
May 2017013,56945.373.26$44,281
Apr 20175613,72147.933.21$46,750
Mar 201718414,19146.772.98$50,947
Feb 2017013,11050.452.95$38,709
Jan 201714415,06749.413.42$58,626
Dec 20165714,58948.763.72$57,092
Nov 2016014,37842.492.64$38,020
Oct 201620914,39246.193.09$54,129
Sep 2016014,24841.553.10$44,178
Aug 2016015,53741.442.92$45,435
Jul 201616215,05641.622.92$50,771
Jun 2016014,67945.352.69$39,425
May 201615515,61342.521.99$37,677
Apr 201618415,71536.561.99$38,016
Mar 2016016,35533.011.79$29,341
Feb 201618615,80726.472.06$37,543
Jan 201618017,44027.352.36$46,157
Dec 20151915,59632.362.00$31,829
Nov 201518115,11838.792.17$39,787
Oct 201518116,38743.552.43$47,647
Sep 2015015,83742.992.76$43,685
Aug 2015017,28440.162.87$49,648
Jul 201518117,49148.152.95$60,228
Jun 201516516,45656.152.88$56,705
May 201518117,41755.212.96$61,468
Apr 2015017,33249.822.71$46,910
Mar 201517018,23442.892.93$60,803
Feb 201518417,47344.662.98$60,220
Jan 201523619,08343.433.10$69,419
Dec 201418020,03954.693.59$81,811
Nov 201417718,56670.464.25$91,411
Oct 201417820,18278.303.90$92,667
Sep 201417219,99786.164.05$95,716
Aug 201415521,46689.394.04$100,473
Jul 201416421,91296.564.18$107,419
Jun 201417821,67098.164.74$120,121
May 201433223,19094.734.73$141,059
Apr 201418021,56595.944.81$120,978
Mar 201436823,46295.895.06$153,930
Feb 201438021,76897.406.19$171,799
Jan 201436125,21790.404.86$155,207
Dec 201337625,41091.824.35$145,172
Nov 201335216,50288.853.74$92,964
Oct 201335125,28497.423.78$129,752
Sep 201337825,062104.113.72$132,528
Aug 201352426,877104.253.52$149,304
Jul 201334827,692102.523.72$138,629
Jun 201317525,63694.403.93$117,357
May 201315320,49194.834.15$99,528
Apr 201308,76893.964.28$37,550
Mar 201318727193.623.91$18,567
Feb 201398144,13591.233.42$240,434
Jan 20131,22654,18491.603.42$297,606
Dec 20121,28964,38886.773.42$332,064
Nov 20121,97173,27686.953.62$437,001
Oct 201290869,08189.383.40$316,010

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                8,921 Mcf  × $  3.05 =    $27,172

────────────────────────────────────────────────────
Month total                                  $27,172

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/268272 is the state's own key, not one this site invented.