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 270419District 09Field 65280200GasSaveExport
Value, all time
$10.3 M
Jun 2013 – May 2026
Value, last 12 filed months
$148 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
GasProduction2,982,869 Mcf$10,326,478
Total$10,326,478

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 20260106.413.05$0
Apr 20261,86898.932.87$5,361
Mar 20263,57889.753.15$11,269
Feb 20262,67963.503.75$10,047
Jan 20262,50559.138.00$20,035
Dec 20253,21856.664.41$14,202
Nov 20253,49258.593.93$13,711
Oct 20254,25859.383.30$14,072
Sep 20255,24662.743.08$16,142
Aug 20254,59363.933.01$13,847
Jul 20253,60866.743.32$11,961
Jun 20255,54666.483.13$17,352
May 20255,91960.553.23$19,132
Apr 20255,97462.363.54$21,167
Mar 20256,27567.704.27$26,784
Feb 20254,45570.884.34$19,338
Jan 20255,81174.324.28$24,863
Dec 20246,64168.993.12$20,729
Nov 20246,14369.052.20$13,505
Oct 20248,33771.372.28$19,020
Sep 20248,39369.612.36$19,844
Aug 20247,81475.632.06$16,125
Jul 20248,83279.932.15$18,959
Jun 20248,01878.082.63$21,119
May 20249,20178.812.20$20,228
Apr 20249,44184.451.66$15,665
Mar 20249,93280.301.55$15,346
Feb 20249,58076.091.78$17,087
Jan 20246,83573.023.30$22,540
Dec 20238,77771.262.61$22,914
Nov 20237,07377.892.81$19,858
Oct 20235,73185.443.09$17,693
Sep 20234,91489.042.74$13,440
Aug 20236,19580.522.67$16,558
Jul 20237,72374.852.64$20,403
Jun 20236,73068.962.26$15,200
May 20237,75070.622.23$17,262
Apr 20238,43278.122.24$18,869
Mar 20238,63272.852.39$20,658
Feb 20236,32875.112.47$15,603
Jan 20235,48676.533.39$18,585
Dec 20224,91076.415.73$28,130
Nov 20224,86985.005.65$27,491
Oct 20226,45787.185.86$37,862
Sep 20227,05684.888.16$57,603
Aug 20227,79394.529.13$71,128
Jul 20225,497101.587.54$41,459
Jun 20222,067115.097.98$16,489
May 20228,451109.378.43$71,268
Apr 20227,268104.226.84$49,696
Mar 20227,562108.885.08$38,388
Feb 20226,40691.054.86$31,126
Jan 20225,82281.844.54$26,418
Dec 202118,90771.323.90$73,721
Nov 202118,70777.435.24$97,966
Oct 202119,25079.795.71$109,992
Sep 202118,91369.865.35$101,202
Aug 202121,41366.024.22$90,375
Jul 202113,97670.783.98$55,654
Jun 202113,55669.493.38$45,828
May 202123063.483.02$694
Apr 20217860.362.76$215
Mar 202111,83061.302.72$32,141
Feb 20219,27357.805.55$51,446
Jan 202115,51450.412.81$43,599
Dec 202015,89444.642.68$42,524
Nov 202014,61038.772.71$39,543
Oct 202012,19736.972.48$30,229
Sep 202014,89937.091.99$29,665
Aug 202016,86839.982.39$40,232
Jul 202015,44338.371.83$28,185
Jun 202014,61134.901.69$24,697
May 202015,28016.921.81$27,729
Apr 202016,03314.751.80$28,930
Mar 202015,00630.341.86$27,855
Feb 202015,04649.881.98$29,801
Jan 202016,92657.252.09$35,456
Dec 201914,84259.012.30$34,201
Nov 201916,51855.302.75$45,436
Oct 201918,77053.472.42$45,396
Sep 201918,79155.052.66$49,933
Aug 201918,44053.112.30$42,492
Jul 201920,16756.272.46$49,612
Jun 201918,75352.782.49$46,717
May 201917,84658.482.74$48,904
Apr 201918,21162.632.75$50,093
Mar 201919,02456.803.06$58,253
Feb 201918,30950.852.79$51,123
Jan 201920,15646.033.23$65,067
Dec 201820,77846.594.19$86,965
Nov 201820,70052.934.24$87,711
Oct 201822,18361.443.40$75,380
Sep 201818,44459.543.11$57,324
Aug 201816,86559.403.07$51,718
Jul 201810,82465.142.93$31,735
Jun 201814,92160.183.08$45,911
May 201817,71065.382.90$51,373
Apr 201810,08663.842.90$29,257
Mar 201820,82361.222.79$58,030
Feb 201818,51861.782.77$51,223
Jan 201818,21862.874.01$73,042
Dec 201723,22157.272.92$67,841
Nov 201721,73055.423.12$67,762
Oct 201724,76749.292.98$73,897
Sep 201725,18447.523.09$77,750
Aug 201725,54545.373.00$76,747
Jul 201721,45043.873.09$66,222
Jun 201719,67442.493.09$60,739
May 20179,24945.373.26$30,183
Apr 201752247.933.21$1,676
Mar 201731246.772.98$931
Feb 201770350.452.95$2,076
Jan 20172,29749.413.42$7,853
Dec 20162,98448.763.72$11,109
Nov 201613,96842.492.64$36,936
Oct 201614,27646.193.09$44,117
Sep 201618,92541.553.10$58,679
Aug 201615,23341.442.92$44,546
Jul 201620,18141.622.92$59,016
Jun 201620,94045.352.69$56,241
May 201623,34142.521.99$46,473
Apr 201623,47536.561.99$46,740
Mar 201624,68633.011.79$44,287
Feb 201623,59826.472.06$48,698
Jan 201627,00827.352.36$63,857
Dec 201527,29032.362.00$54,618
Nov 201522,49838.792.17$48,761
Oct 201530,14243.552.43$73,142
Sep 201529,37242.992.76$81,020
Aug 201531,38040.162.87$90,139
Jul 201532,32548.152.95$95,200
Jun 201531,95656.152.88$92,125
May 201533,83255.212.96$99,989
Apr 201533,69749.822.71$91,203
Mar 201535,82442.892.93$105,133
Feb 201533,23644.662.98$98,917
Jan 201538,22043.433.10$118,506
Dec 201439,52154.693.59$141,934
Nov 201439,77270.464.25$169,104
Oct 201442,30578.303.90$165,030
Sep 201442,76186.164.05$172,987
Aug 201445,26489.394.04$182,646
Jul 201447,05996.564.18$196,688
Jun 201447,77498.164.74$226,300
May 201449,42094.734.73$233,587
Apr 201449,62395.944.81$238,643
Mar 201453,82595.895.06$272,182
Feb 201451,75597.406.19$320,467
Jan 201458,49990.404.86$284,347
Dec 201361,07091.824.35$265,928
Nov 201367,64488.853.74$252,872
Oct 201374,92297.423.78$283,157
Sep 201381,124104.113.72$301,598
Aug 201395,200104.253.52$335,352
Jul 2013114,690102.523.72$426,388
Jun 201337,12294.403.93$146,016

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.

Apr 2026 — as filed, then multipliedworked
Gas                1,868 Mcf  × $  2.87 =     $5,361

────────────────────────────────────────────────────
Month total                                   $5,361

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/270419 is the state's own key, not one this site invented.