GLADYS DIKE (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 270410District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Jun 2013 – May 2026
Value, last 12 filed months
$300 k
at the published price for each month
Months reported
156
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
GasProduction2,794,071 Mcf$9,951,074
Total$9,951,074

Every month this lease reported (156)

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

156 months

May 20266,095106.413.05$18,564
Apr 20266,81298.932.87$19,549
Mar 20267,21189.753.15$22,711
Feb 20266,33263.503.75$23,747
Jan 20266,01859.138.00$48,131
Dec 20257,72056.664.41$34,071
Nov 20257,06158.593.93$27,725
Oct 20257,96559.383.30$26,323
Sep 20256,90162.743.08$21,234
Aug 20254,29663.933.01$12,951
Jul 20257,29866.743.32$24,194
Jun 20256,49666.483.13$20,324
May 20257,63260.553.23$24,669
Apr 20256,38862.363.54$22,633
Mar 20259,30067.704.27$39,695
Feb 20257,64570.884.34$33,186
Jan 20258,70274.324.28$37,233
Dec 20249,37768.993.12$29,269
Nov 20249,00669.052.20$19,799
Oct 20249,77671.372.28$22,303
Sep 20249,59069.612.36$22,674
Aug 20249,06675.632.06$18,709
Jul 202410,00879.932.15$21,483
Jun 20249,28978.082.63$24,467
May 20249,97978.812.20$21,938
Apr 20248,91284.451.66$14,787
Mar 20249,21280.301.55$14,234
Feb 202410,04776.091.78$17,920
Jan 20249,25073.023.30$30,503
Dec 202310,32771.262.61$26,961
Nov 202310,22977.892.81$28,719
Oct 202310,05785.443.09$31,049
Sep 20239,92989.042.74$27,156
Aug 20239,91780.522.67$26,507
Jul 20239,90274.852.64$26,159
Jun 20239,97368.962.26$22,524
May 202311,89670.622.23$26,497
Apr 202310,79878.122.24$24,163
Mar 202310,17172.852.39$24,341
Feb 20239,10875.112.47$22,457
Jan 20235,05676.533.39$17,128
Dec 20228,47376.415.73$48,542
Nov 20229,83685.005.65$55,536
Oct 202212,37887.185.86$72,582
Sep 202212,00284.888.16$97,980
Aug 202211,87794.529.13$108,403
Jul 202211,832101.587.54$89,238
Jun 202211,356115.097.98$90,589
May 202211,160109.378.43$94,113
Apr 202212,196104.226.84$83,391
Mar 202213,510108.885.08$68,582
Feb 202211,81091.054.86$57,383
Jan 202214,02781.844.54$63,650
Dec 20219,72771.323.90$37,927
Nov 20219,64477.435.24$50,504
Oct 20219,49079.795.71$54,225
Sep 20219,67969.865.35$51,792
Aug 202110,18166.024.22$42,970
Jul 202112,38770.783.98$49,326
Jun 202112,15369.493.38$41,085
May 202112,40963.483.02$37,446
Apr 20215,63460.362.76$15,541
Mar 20215,34461.302.72$14,519
Feb 20218,92757.805.55$49,527
Jan 20219,19050.412.81$25,826
Dec 20209,58944.642.68$25,655
Nov 20209,76938.772.71$26,440
Oct 20209,60036.972.48$23,793
Sep 20209,91937.091.99$19,749
Aug 202010,48239.982.39$25,001
Jul 202011,46838.371.83$20,930
Jun 202010,86534.901.69$18,365
May 202010,79616.921.81$19,592
Apr 202010,91514.751.80$19,695
Mar 20209,97530.341.86$18,516
Feb 202010,00949.881.98$19,825
Jan 202010,70457.252.09$22,422
Dec 20199,15359.012.30$21,092
Nov 201910,97155.302.75$30,178
Oct 201911,10153.472.42$26,848
Sep 201911,24555.052.66$29,881
Aug 201912,64053.112.30$29,127
Jul 201915,76456.272.46$38,780
Jun 201916,51752.782.49$41,147
May 201916,16058.482.74$44,284
Apr 201916,10662.632.75$44,303
Mar 201917,79856.803.06$54,499
Feb 201917,57750.852.79$49,079
Jan 201919,61046.033.23$63,305
Dec 201820,25346.594.19$84,768
Nov 201818,67952.934.24$79,147
Oct 201819,87161.443.40$67,523
Sep 201816,91959.543.11$52,584
Aug 201815,73059.403.07$48,237
Jul 201817,40765.142.93$51,035
Jun 20187,71060.183.08$23,723
May 20189,09065.382.90$26,368
Apr 20187,01963.842.90$20,361
Mar 201813,30361.222.79$37,073
Feb 201812,15461.782.77$33,619
Jan 20187,30462.874.01$29,284
Dec 201714,73757.272.92$43,054
Nov 201714,62755.423.12$45,612
Oct 201715,40249.292.98$45,955
Sep 201716,13547.523.09$49,813
Aug 201719,43745.373.00$58,397
Jul 201727,23743.873.09$84,088
Jun 201727,48342.493.09$84,848
May 201729,44245.373.26$96,081
Apr 201728,96247.933.21$93,014
Mar 201730,39746.772.98$90,695
Feb 201723,20650.452.95$68,518
Jan 20174,49149.413.42$15,354
Dec 201616848.763.72$625
Nov 201630542.492.64$807
Oct 20161,99746.193.09$6,171
Sep 20168,40741.553.10$26,067
Aug 201610,40241.442.92$30,419
Jul 201616,99841.622.92$49,708
Jun 201615,59445.352.69$41,883
May 201617,71042.521.99$35,261
Apr 201623,39936.561.99$46,588
Mar 201625,11333.011.79$45,053
Feb 201623,05626.472.06$47,579
Jan 201625,99627.352.36$61,464
Dec 201524,22132.362.00$48,476
Nov 201511,01538.792.17$23,873
Oct 201528,15943.552.43$68,330
Sep 201527,55542.992.76$76,008
Aug 201525,28940.162.87$72,642
Jul 20154348.152.95$127
Jun 201525,38556.152.88$73,181
May 201527,96255.212.96$82,640
Apr 201527,18349.822.71$73,573
Mar 201528,65742.892.93$84,100
Feb 201527,52944.662.98$81,932
Jan 201529,96643.433.10$92,913
Dec 201432,55654.693.59$116,920
Nov 201434,36070.464.25$146,093
Oct 201437,28278.303.90$145,436
Sep 201437,62986.164.05$152,226
Aug 201440,49889.394.04$163,414
Jul 201442,55496.564.18$177,859
Jun 201443,83398.164.74$207,632
May 201448,18194.734.73$227,730
Apr 201449,05995.944.81$235,931
Mar 201452,94695.895.06$267,737
Feb 201450,92997.406.19$315,352
Jan 201455,90890.404.86$271,753
Dec 201358,41891.824.35$254,380
Nov 201361,82788.853.74$231,127
Oct 201368,36497.423.78$258,372
Sep 201373,651104.113.72$273,815
Aug 201387,432104.253.52$307,989
Jul 2013105,935102.523.72$393,839
Jun 201338,90394.403.93$153,021

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                6,095 Mcf  × $  3.05 =    $18,564

────────────────────────────────────────────────────
Month total                                  $18,564

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/270410 is the state's own key, not one this site invented.