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 269342District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.0 M
Jan 2013 – May 2026
Value, last 12 filed months
$312 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
CondensateDisposition4,943 bbl$344,697
GasProduction1,371,706 Mcf$4,670,806
Total$5,015,503

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 202606,453106.413.05$19,655
Apr 202606,46598.932.87$18,553
Mar 2026886,76589.753.15$29,204
Feb 202606,05163.503.75$22,693
Jan 202606,85959.138.00$54,858
Dec 202506,81356.664.41$30,068
Nov 202506,34058.593.93$24,894
Oct 2025456,86459.383.30$25,357
Sep 202506,71662.743.08$20,665
Aug 202506,97563.933.01$21,028
Jul 202507,13266.743.32$23,644
Jun 202506,90166.483.13$21,591
May 202507,09960.553.23$22,946
Apr 2025996,92562.363.54$30,710
Mar 202507,20767.704.27$30,762
Feb 202506,11170.884.34$26,527
Jan 202507,07474.324.28$30,267
Dec 202407,23568.993.12$22,583
Nov 202407,03469.052.20$15,464
Oct 202407,23871.372.28$16,513
Sep 2024757,05669.612.36$21,904
Aug 202407,26175.632.06$14,984
Jul 202407,25879.932.15$15,580
Jun 202406,98978.082.63$18,409
May 202407,03178.812.20$15,457
Apr 202407,34684.451.66$12,188
Mar 20241277,28380.301.55$21,451
Feb 202406,47476.091.78$11,547
Jan 202407,03273.023.30$23,189
Dec 202306,89671.262.61$18,004
Nov 202306,87077.892.81$19,288
Oct 202307,14785.443.09$22,065
Sep 202307,01489.042.74$19,184
Aug 202307,28280.522.67$19,464
Jul 202307,28074.852.64$19,232
Jun 202307,35268.962.26$16,604
May 2023997,79470.622.23$24,352
Apr 202307,83078.122.24$17,522
Mar 202307,36172.852.39$17,616
Feb 202304,97275.112.47$12,259
Jan 202305,72576.533.39$19,395
Dec 202205,81676.415.73$33,320
Nov 202205,51185.005.65$31,116
Oct 202205,79087.185.86$33,951
Sep 202206,27584.888.16$51,227
Aug 202206,59194.529.13$60,157
Jul 202206,563101.587.54$49,499
Jun 202206,060115.097.98$48,342
May 202206,024109.378.43$50,801
Apr 20221866,240104.226.84$62,052
Mar 202206,782108.885.08$34,428
Feb 202206,55091.054.86$31,825
Jan 202207,50081.844.54$34,033
Dec 202107,12571.323.90$27,781
Nov 202106,77877.435.24$35,495
Oct 202106,99179.795.71$39,946
Sep 202106,75569.865.35$36,145
Aug 202107,03666.024.22$29,696
Jul 202107,04070.783.98$28,034
Jun 20211816,79169.493.38$35,535
May 202107,03163.483.02$21,217
Apr 202106,82760.362.76$18,832
Mar 202107,32461.302.72$19,899
Feb 202107,17457.805.55$39,801
Jan 202107,23850.412.81$20,341
Dec 202007,54244.642.68$20,178
Nov 20201907,41638.772.71$27,438
Oct 202007,83736.972.48$19,423
Sep 202007,61637.091.99$15,164
Aug 202007,74439.982.39$18,470
Jul 202007,63138.371.83$13,927
Jun 202007,49334.901.69$12,665
May 202007,80116.921.81$14,157
Apr 202007,59314.751.80$13,701
Mar 202007,84430.341.86$14,560
Feb 20201857,61049.881.98$24,301
Jan 202007,72257.252.09$16,176
Dec 201907,87259.012.30$18,140
Nov 201907,80355.302.75$21,464
Oct 201908,17653.472.42$19,774
Sep 201908,05955.052.66$21,415
Aug 201908,14253.112.30$18,762
Jul 2019958,09356.272.46$25,255
Jun 201907,54852.782.49$18,804
May 201908,57058.482.74$23,485
Apr 20191638,14162.632.75$32,602
Mar 201908,61756.803.06$26,386
Feb 201907,90050.852.79$22,059
Jan 201908,44246.033.23$27,252
Dec 201808,73346.594.19$36,551
Nov 20181778,24052.934.24$44,283
Oct 201808,66761.443.40$29,451
Sep 201806,26659.543.11$19,475
Aug 201808,54259.403.07$26,195
Jul 201808,64765.142.93$25,352
Jun 201808,52560.183.08$26,231
May 201808,62965.382.90$25,031
Apr 201808,23063.842.90$23,874
Mar 201808,49161.222.79$23,663
Feb 20181657,77361.782.77$31,695
Jan 201808,70762.874.01$34,909
Dec 201708,32357.272.92$24,316
Nov 201708,13955.423.12$25,380
Oct 2017978,49649.292.98$30,130
Sep 201708,18447.523.09$25,266
Aug 201708,96945.373.00$26,946
Jul 201709,12443.873.09$28,168
Jun 201708,72842.493.09$26,946
May 201708,97345.373.26$29,282
Apr 20171178,69747.933.21$33,539
Mar 201709,06846.772.98$27,056
Feb 201708,22350.452.95$24,279
Jan 2017519,17349.413.42$33,881
Dec 2016279,80848.763.72$37,830
Nov 2016879,10742.492.64$27,779
Oct 201609,49846.193.09$29,351
Sep 2016918,98141.553.10$31,628
Aug 201609,41441.442.92$27,530
Jul 201609,58841.622.92$28,039
Jun 20161409,33845.352.69$31,429
May 201609,70842.521.99$19,329
Apr 201609,46336.561.99$18,841
Mar 20161589,66633.011.79$22,556
Feb 201609,07026.472.06$18,717
Jan 201608,73827.352.36$20,660
Dec 201509,57232.362.00$19,158
Nov 20151558,97738.792.17$25,469
Oct 201509,66643.552.43$23,455
Sep 201509,25942.992.76$25,540
Aug 201509,59940.162.87$27,573
Jul 20151769,70348.152.95$37,051
Jun 201509,35256.152.88$26,961
May 2015010,14855.212.96$29,992
Apr 201509,66249.822.71$26,151
Mar 20151889,96842.892.93$37,317
Feb 201509,88444.662.98$29,417
Jan 2015011,00343.433.10$34,116
Dec 2014010,39354.693.59$37,325
Nov 201414210,28570.464.25$53,735
Oct 2014010,54378.303.90$41,128
Sep 201408,26486.164.05$33,432
Aug 201416210,44689.394.04$56,632
Jul 2014011,35596.564.18$47,459
Jun 2014010,93598.164.74$51,798
May 2014011,64594.734.73$55,041
Apr 201415910,94495.944.81$67,885
Mar 2014012,14095.895.06$61,390
Feb 201418310,35897.406.19$81,961
Jan 2014013,30290.404.86$64,657
Dec 201319012,61891.824.35$72,391
Nov 2013012,47688.853.74$46,639
Oct 201318013,65397.423.78$69,135
Sep 2013013,505104.113.72$50,208
Aug 201314314,457104.253.52$65,834
Jul 2013014,428102.523.72$53,640
Jun 201316913,17994.403.93$67,792
May 201315514,05294.834.15$73,002
Apr 201313814,06493.964.28$73,197
Mar 201316018,44093.623.91$87,133
Feb 2013020,00291.233.42$68,405
Jan 2013014,96991.603.42$51,193

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                6,453 Mcf  × $  3.05 =    $19,655

────────────────────────────────────────────────────
Month total                                  $19,655

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/269342 is the state's own key, not one this site invented.