SKILES

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 269340District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$441 k
at the published price for each month
Months reported
161
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
CondensateDisposition20,423 bbl$1,506,110
GasProduction2,192,059 Mcf$7,596,110
Total$9,102,221

Every month this lease reported (161)

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

161 months

May 202608,943106.413.05$27,239
Apr 202608,90598.932.87$25,555
Mar 20261119,44989.753.15$39,721
Feb 202608,36963.503.75$31,386
Jan 202609,53959.138.00$76,292
Dec 202509,79056.664.41$43,207
Nov 202509,32658.593.93$36,618
Oct 20251409,64859.383.30$40,198
Sep 202509,40062.743.08$28,923
Aug 202509,80563.933.01$29,560
Jul 202509,68766.743.32$32,114
Jun 202509,54666.483.13$29,867
May 202509,86260.553.23$31,877
Apr 2025769,68162.363.54$39,040
Mar 2025010,05567.704.27$42,918
Feb 20251348,81570.884.34$47,762
Jan 202509,92174.324.28$42,449
Dec 202409,95968.993.12$31,086
Nov 202409,53469.052.20$20,960
Oct 202409,71471.372.28$22,162
Sep 20241169,39169.612.36$30,278
Aug 202409,53675.632.06$19,679
Jul 202409,50779.932.15$20,408
Jun 202409,08878.082.63$23,938
May 202408,74978.812.20$19,234
Apr 20241139,18984.451.66$24,789
Mar 2024619,94880.301.55$20,269
Feb 202408,63676.091.78$15,404
Jan 202409,23073.023.30$30,437
Dec 20231129,70171.262.61$33,308
Nov 202309,55177.892.81$26,815
Oct 202309,77285.443.09$30,169
Sep 202309,45489.042.74$25,857
Aug 20231209,71580.522.67$35,629
Jul 202309,84174.852.64$25,998
Jun 202309,89668.962.26$22,350
May 202315410,40970.622.23$34,060
Apr 202309,66278.122.24$21,621
Mar 20231659,83672.852.39$35,559
Feb 202308,23075.112.47$20,293
Jan 202308,81476.533.39$29,859
Dec 202209,39876.415.73$53,842
Nov 202208,80185.005.65$49,692
Oct 202209,00787.185.86$52,815
Sep 202208,93584.888.16$72,942
Aug 202209,38094.529.13$85,613
Jul 202209,186101.587.54$69,282
Jun 202208,605115.097.98$68,644
May 2022938,780109.378.43$84,214
Apr 20221768,828104.226.84$78,705
Mar 202209,213108.885.08$46,769
Feb 202209,04291.054.86$43,934
Jan 20221769,73281.844.54$58,565
Dec 202109,36371.323.90$36,507
Nov 202109,21977.435.24$48,279
Oct 202109,51079.795.71$54,339
Sep 202109,17269.865.35$49,079
Aug 20211829,47466.024.22$52,002
Jul 202109,59070.783.98$38,188
Jun 202109,29069.493.38$31,406
May 202109,75063.483.02$29,422
Apr 20211869,62760.362.76$37,782
Mar 2021010,45861.302.72$28,414
Feb 202109,69357.805.55$53,776
Jan 202118610,03450.412.81$37,575
Dec 2020010,44744.642.68$27,951
Nov 202019210,47538.772.71$35,795
Oct 2020010,90936.972.48$27,037
Sep 2020010,21537.091.99$20,338
Aug 202018110,35739.982.39$31,939
Jul 2020010,54838.371.83$19,251
Jun 2020010,29834.901.69$17,407
May 2020011,11116.921.81$20,164
Apr 20201819,78114.751.80$20,318
Mar 20204910,20130.341.86$20,422
Feb 202018410,45849.881.98$29,892
Jan 2020010,10857.252.09$21,174
Dec 2019010,48559.012.30$24,161
Nov 201917810,54555.302.75$38,850
Oct 2019010,68953.472.42$25,852
Sep 2019010,77655.052.66$28,635
Aug 2019010,94653.112.30$25,224
Jul 201918210,77356.272.46$36,743
Jun 201909,86952.782.49$24,586
May 2019011,21758.482.74$30,738
Apr 2019011,19362.632.75$30,789
Mar 201918211,47956.803.06$45,487
Feb 2019010,69150.852.79$29,852
Jan 2019011,60246.033.23$37,453
Dec 201817911,80846.594.19$57,761
Nov 2018011,43452.934.24$48,449
Oct 201818112,01061.443.40$51,932
Sep 2018013,73859.543.11$42,698
Aug 201818511,97259.403.07$47,702
Jul 2018012,12065.142.93$35,534
Jun 2018012,13560.183.08$37,338
May 201817312,27265.382.90$46,909
Apr 2018011,63263.842.90$33,742
Mar 201818312,40261.222.79$45,766
Feb 201818011,01861.782.77$41,598
Jan 2018012,80262.874.01$51,327
Dec 201718312,60157.272.92$47,294
Nov 2017012,66355.423.12$39,488
Oct 20179513,26449.292.98$44,258
Sep 201717913,00247.523.09$48,647
Aug 2017012,99445.373.00$39,039
Jul 2017013,16243.873.09$40,635
Jun 201718212,97942.493.09$47,803
May 2017013,66045.373.26$44,578
Apr 201724313,14047.933.21$53,847
Mar 2017013,87046.772.98$41,384
Feb 201736612,81650.452.95$56,305
Jan 201711914,39749.413.42$55,100
Dec 201615114,66048.763.72$61,939
Nov 201610413,89442.492.64$41,160
Oct 201617614,36746.193.09$52,527
Sep 20169513,78241.553.10$46,680
Aug 201615914,58241.442.92$49,232
Jul 2016014,79341.622.92$43,260
Jun 201613714,64745.352.69$45,552
May 201616015,33142.521.99$37,328
Apr 201614214,96636.561.99$34,989
Mar 201618015,42933.011.79$33,622
Feb 201614914,67926.472.06$34,236
Jan 201617015,89827.352.36$42,238
Dec 201516215,81132.362.00$36,887
Nov 201518115,20338.792.17$39,971
Oct 201517716,00343.552.43$46,541
Sep 201516915,63142.992.76$50,382
Aug 201516016,29240.162.87$53,224
Jul 201516216,46248.152.95$56,282
Jun 201514516,07156.152.88$54,472
May 201517716,85355.212.96$59,580
Apr 201517216,71749.822.71$53,815
Mar 201516517,39342.892.93$58,120
Feb 201535418,47444.662.98$70,792
Jan 201518319,20043.433.10$67,480
Dec 201418119,51354.693.59$79,977
Nov 201416720,07170.464.25$97,106
Oct 201430920,25478.303.90$103,205
Sep 201416720,23486.164.05$96,244
Aug 201430121,57689.394.04$113,968
Jul 201415121,64996.564.18$105,065
Jun 201432721,12698.164.74$132,170
May 201432722,46194.734.73$137,140
Apr 201432521,93695.944.81$136,673
Mar 201435923,52895.895.06$153,401
Feb 201435520,87297.406.19$163,816
Jan 201433626,44490.404.86$158,911
Dec 201333424,20691.824.35$136,072
Nov 201353125,92288.853.74$144,083
Oct 201349627,90997.423.78$153,798
Sep 201348728,313104.113.72$155,962
Aug 201354630,942104.253.52$165,917
Jul 201353234,387102.523.72$182,383
Jun 201368036,21694.403.93$206,644
May 201372042,50694.834.15$244,638
Apr 20131,09243,73693.964.28$289,908
Mar 201336214,77293.623.91$91,691
Feb 20131,43050,22091.233.42$302,207
Jan 2013024,87491.603.42$85,067

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                8,943 Mcf  × $  3.05 =    $27,239

────────────────────────────────────────────────────
Month total                                  $27,239

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/269340 is the state's own key, not one this site invented.