LANDERS GU

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269015District 09Field 10574520CondensateGasSaveExport
Value, all time
$2.0 M
Nov 2012 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
163
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition488 bbl$30,211
GasProduction570,715 Mcf$1,998,689
Total$2,028,900

Every month this lease reported (163)

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

163 months

May 202601,707106.413.05$5,199
Apr 202601,66198.932.87$4,767
Mar 202601,71489.753.15$5,398
Feb 202601,60663.503.75$6,023
Jan 202601,62159.138.00$12,965
Dec 202501,55956.664.41$6,880
Nov 202501,67258.593.93$6,565
Oct 202501,79359.383.30$5,926
Sep 202501,76962.743.08$5,443
Aug 202501,82963.933.01$5,514
Jul 202501,85466.743.32$6,146
Jun 202501,79766.483.13$5,622
May 202501,72860.553.23$5,585
Apr 202501,74662.363.54$6,186
Mar 202501,81367.704.27$7,738
Feb 202501,53570.884.34$6,663
Jan 202501,71674.324.28$7,342
Dec 202401,72568.993.12$5,384
Nov 202401,66869.052.20$3,667
Oct 202401,74571.372.28$3,981
Sep 202401,66769.612.36$3,941
Aug 2024581,72675.632.06$7,948
Jul 202401,73479.932.15$3,722
Jun 202401,72778.082.63$4,549
May 202401,76978.812.20$3,889
Apr 202401,70984.451.66$2,836
Mar 202401,79280.301.55$2,769
Feb 202401,72476.091.78$3,075
Jan 202401,96373.023.30$6,473
Dec 202301,94471.262.61$5,075
Nov 202301,89877.892.81$5,329
Oct 202301,99885.443.09$6,168
Sep 202301,87689.042.74$5,131
Aug 202301,89580.522.67$5,065
Jul 202301,92674.852.64$5,088
Jun 202301,88468.962.26$4,255
May 202301,96270.622.23$4,370
Apr 202301,89378.122.24$4,236
Mar 202302,02572.852.39$4,846
Feb 202301,92275.112.47$4,739
Jan 202302,16976.533.39$7,348
Dec 202202,08176.415.73$11,922
Nov 202202,04385.005.65$11,535
Oct 202202,06887.185.86$12,126
Sep 202201,89884.888.16$15,495
Aug 202201,99994.529.13$18,245
Jul 202202,006101.587.54$15,129
Jun 202201,924115.097.98$15,348
May 202201,995109.378.43$16,824
Apr 2022181,900104.226.84$14,867
Mar 202202,002108.885.08$10,163
Feb 202201,91191.054.86$9,285
Jan 202202,04881.844.54$9,293
Dec 202102,02871.323.90$7,907
Nov 202102,00277.435.24$10,484
Oct 202102,07079.795.71$11,828
Sep 202102,01169.865.35$10,761
Aug 202102,07466.024.22$8,754
Jul 202102,09070.783.98$8,323
Jun 202102,07569.493.38$7,015
May 202102,12263.483.02$6,404
Apr 202102,09460.362.76$5,776
Mar 202102,10761.302.72$5,725
Feb 202101,97657.805.55$10,963
Jan 202102,20650.412.81$6,199
Dec 202002,20144.642.68$5,889
Nov 202002,14538.772.71$5,806
Oct 202002,25336.972.48$5,584
Sep 202002,20637.091.99$4,392
Aug 202002,32739.982.39$5,550
Jul 202002,30138.371.83$4,200
Jun 2020582,23134.901.69$5,795
May 202002,31516.921.81$4,201
Apr 202002,24014.751.80$4,042
Mar 202002,32730.341.86$4,319
Feb 202002,17449.881.98$4,306
Jan 202002,36157.252.09$4,946
Dec 201902,38959.012.30$5,505
Nov 201902,28955.302.75$6,296
Oct 201902,32353.472.42$5,618
Sep 201902,30455.052.66$6,122
Aug 201902,36653.112.30$5,452
Jul 201902,35656.272.46$5,796
Jun 201902,17852.782.49$5,426
May 201902,52358.482.74$6,914
Apr 201902,47662.632.75$6,811
Mar 2019642,54656.803.06$11,431
Feb 201902,32050.852.79$6,478
Jan 201902,42146.033.23$7,815
Dec 201802,72546.594.19$11,405
Nov 201802,57552.934.24$10,911
Oct 201802,79261.443.40$9,487
Sep 201802,55559.543.11$7,941
Aug 201802,65959.403.07$8,154
Jul 201802,71365.142.93$7,954
Jun 201802,62260.183.08$8,068
May 201803,11665.382.90$9,039
Apr 201802,88163.842.90$8,357
Mar 201803,15661.222.79$8,795
Feb 201802,85061.782.77$7,883
Jan 201803,03062.874.01$12,148
Dec 201703,79857.272.92$11,096
Nov 201703,51955.423.12$10,974
Oct 201703,69649.292.98$11,028
Sep 201703,89347.523.09$12,019
Aug 201702,69645.373.00$8,100
Jul 201702,72443.873.09$8,410
Jun 201702,52442.493.09$7,792
May 201702,64145.373.26$8,619
Apr 201702,71247.933.21$8,710
Mar 201703,08546.772.98$9,205
Feb 201702,85150.452.95$8,418
Jan 201703,23249.413.42$11,050
Dec 201603,36548.763.72$12,527
Nov 201603,30842.492.64$8,748
Oct 201603,31446.193.09$10,241
Sep 201602,91041.553.10$9,023
Aug 201603,40641.442.92$9,960
Jul 20161803,44141.622.92$17,554
Jun 201603,31645.352.69$8,906
May 201603,43042.521.99$6,829
Apr 201603,40036.561.99$6,770
Mar 201603,52333.011.79$6,320
Feb 201603,41626.472.06$7,049
Jan 201603,64127.352.36$8,609
Dec 201503,83732.362.00$7,679
Nov 201503,68338.792.17$7,982
Oct 201503,95043.552.43$9,585
Sep 201503,77842.992.76$10,421
Aug 201503,98040.162.87$11,433
Jul 201504,06548.152.95$11,972
Jun 201503,97556.152.88$11,459
May 201504,44655.212.96$13,140
Apr 201504,21849.822.71$11,416
Mar 201504,84442.892.93$14,216
Feb 201504,15044.662.98$12,351
Jan 201504,82343.433.10$14,954
Dec 201405,11954.693.59$18,384
Nov 201404,81770.464.25$20,481
Oct 201405,32078.303.90$20,753
Sep 201405,09686.164.05$20,616
Aug 201405,72289.394.04$23,089
Jul 201405,83096.564.18$24,367
Jun 20141105,62098.164.74$37,419
May 201406,12194.734.73$28,931
Apr 201405,58595.944.81$26,859
Mar 201406,25995.895.06$31,651
Feb 201406,01297.406.19$37,226
Jan 201406,63990.404.86$32,270
Dec 201307,90391.824.35$34,413
Nov 201307,92088.853.74$29,607
Oct 201308,23097.423.78$31,104
Sep 201308,183104.113.72$30,422
Aug 201308,999104.253.52$31,700
Jul 201309,998102.523.72$37,170
Jun 201309,18094.403.93$36,109
May 2013010,83894.834.15$44,968
Apr 2013011,88693.964.28$50,903
Mar 2013015,85493.623.91$62,035
Feb 2013018,47891.233.42$63,193
Jan 2013023,66691.603.42$80,936
Dec 2012022,34186.773.42$76,410
Nov 201207286.953.62$261

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                1,707 Mcf  × $  3.05 =     $5,199

────────────────────────────────────────────────────
Month total                                   $5,199

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/269015 is the state's own key, not one this site invented.