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 270564District 09Field 65280200GasSaveExport
Value, all time
$14.1 M
Jun 2013 – May 2026
Value, last 12 filed months
$679 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
GasProduction4,053,989 Mcf$14,072,204
Total$14,072,204

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 202614,459106.413.05$44,040
Apr 202614,80198.932.87$42,475
Mar 202615,13089.753.15$47,651
Feb 202613,47363.503.75$50,528
Jan 202615,61659.138.00$124,896
Dec 202515,34856.664.41$67,736
Nov 202514,90458.593.93$58,520
Oct 202515,31259.383.30$50,604
Sep 202514,86362.743.08$45,732
Aug 202515,73063.933.01$47,422
Jul 202515,74966.743.32$52,211
Jun 202514,95166.483.13$46,777
May 202515,54860.553.23$50,256
Apr 202515,03062.363.54$53,253
Mar 202515,70667.704.27$67,038
Feb 202514,43470.884.34$62,656
Jan 202515,59874.324.28$66,739
Dec 202416,12068.993.12$50,316
Nov 202415,50769.052.20$34,091
Oct 202416,08371.372.28$36,692
Sep 202415,56469.612.36$36,799
Aug 202416,15475.632.06$33,336
Jul 202416,13579.932.15$34,635
Jun 202415,93278.082.63$41,965
May 202416,38978.812.20$36,030
Apr 202416,11684.451.66$26,740
Mar 202416,82580.301.55$25,997
Feb 202415,66876.091.78$27,946
Jan 202417,15173.023.30$56,558
Dec 202317,07071.262.61$44,565
Nov 202316,61977.892.81$46,659
Oct 202317,37685.443.09$53,645
Sep 202316,35589.042.74$44,732
Aug 202317,24580.522.67$46,094
Jul 202317,30074.852.64$45,703
Jun 202317,04268.962.26$38,489
May 202317,82770.622.23$39,708
Apr 202317,31778.122.24$38,751
Mar 202317,92172.852.39$42,888
Feb 202316,84375.112.47$41,529
Jan 202318,95976.533.39$64,228
Dec 202218,96076.415.73$108,623
Nov 202218,43585.005.65$104,088
Oct 202218,75387.185.86$109,963
Sep 202218,26184.888.16$149,077
Aug 202218,82694.529.13$171,828
Jul 202218,294101.587.54$137,975
Jun 202217,348115.097.98$138,388
May 202220,974109.378.43$176,875
Apr 202212,028104.226.84$82,243
Mar 202218,762108.885.08$95,243
Feb 202217,10291.054.86$83,096
Jan 202218,57581.844.54$84,287
Dec 20215,37071.323.90$20,938
Nov 20214,28977.435.24$22,461
Oct 20216,01179.795.71$34,346
Sep 20217,13069.865.35$38,152
Aug 20214,29166.024.22$18,111
Jul 20217,52970.783.98$29,981
Jun 20217,99469.493.38$27,025
May 202120,41463.483.02$61,603
Apr 202121,10560.362.76$58,216
Mar 202111,96661.302.72$32,511
Feb 202113,08457.805.55$72,589
Jan 202112,61550.412.81$35,452
Dec 202012,79444.642.68$34,230
Nov 202012,61138.772.71$34,133
Oct 202013,79536.972.48$34,190
Sep 202013,12137.091.99$26,124
Aug 202013,77939.982.39$32,864
Jul 202014,78138.371.83$26,977
Jun 202013,88734.901.69$23,473
May 202014,20416.921.81$25,777
Apr 202014,44914.751.80$26,071
Mar 202013,88430.341.86$25,772
Feb 202013,03849.881.98$25,824
Jan 202013,52457.252.09$28,329
Dec 201914,94559.012.30$34,439
Nov 201914,62655.302.75$40,232
Oct 201914,68353.472.42$35,511
Sep 201914,76355.052.66$39,229
Aug 201916,26453.112.30$37,478
Jul 201919,17556.272.46$47,172
Jun 201917,92352.782.49$44,650
May 201919,30458.482.74$52,899
Apr 201918,71062.632.75$51,466
Mar 201919,84656.803.06$60,770
Feb 201918,06750.852.79$50,447
Jan 201919,94146.033.23$64,373
Dec 201820,26946.594.19$84,835
Nov 201818,57152.934.24$78,690
Oct 201819,55461.443.40$66,446
Sep 201819,60059.543.11$60,917
Aug 201823,15259.403.07$70,997
Jul 201827,13965.142.93$79,568
Jun 201826,57660.183.08$81,772
May 201827,55665.382.90$79,934
Apr 201827,74063.842.90$80,468
Mar 201828,60161.222.79$79,706
Feb 201825,76061.782.77$71,255
Jan 201829,74662.874.01$119,261
Dec 201729,18157.272.92$85,253
Nov 201728,68455.423.12$89,447
Oct 201730,46449.292.98$90,895
Sep 201729,96547.523.09$92,510
Aug 201731,17245.373.00$93,653
Jul 201730,56443.873.09$94,360
Jun 201729,31442.493.09$90,501
May 201728,62045.373.26$93,399
Apr 201728,12147.933.21$90,313
Mar 201729,51646.772.98$88,066
Feb 201727,87950.452.95$82,316
Jan 201731,91649.413.42$109,114
Dec 201635,15248.763.72$130,865
Nov 201630,86742.492.64$81,623
Oct 201633,15646.193.09$102,461
Sep 201631,09641.553.10$96,417
Aug 201633,76841.442.92$98,749
Jul 201631,87341.622.92$93,207
Jun 201631,34845.352.69$84,195
May 201633,50142.521.99$66,702
Apr 201632,03836.561.99$63,789
Mar 201633,57033.011.79$60,225
Feb 201631,90626.472.06$65,842
Jan 201635,02027.352.36$82,800
Dec 201535,44332.362.00$70,936
Nov 201537,78838.792.17$81,899
Oct 201536,74743.552.43$89,170
Sep 201535,36242.992.76$97,543
Aug 201537,70640.162.87$108,310
Jul 201542,14648.152.95$124,123
Jun 201537,96056.152.88$109,433
May 201539,65555.212.96$117,198
Apr 201539,31849.822.71$106,417
Mar 201541,65042.892.93$122,231
Feb 201538,44244.662.98$114,411
Jan 201543,34143.433.10$134,384
Dec 201445,12854.693.59$162,071
Nov 201444,52270.464.25$189,300
Oct 201447,37378.303.90$184,800
Sep 201447,52886.164.05$192,272
Aug 201450,34989.394.04$203,164
Jul 201452,07996.564.18$217,669
Jun 201452,33798.164.74$247,914
May 201456,12294.734.73$265,264
Apr 201456,18395.944.81$270,191
Mar 201458,14895.895.06$294,043
Feb 201455,13897.406.19$341,415
Jan 201463,44490.404.86$308,384
Dec 201365,56791.824.35$285,510
Nov 201370,08088.853.74$261,979
Oct 201376,97897.423.78$290,928
Sep 201383,709104.113.72$311,208
Aug 201398,452104.253.52$346,808
Jul 2013115,729102.523.72$430,250
Jun 201338,21094.403.93$150,296

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               14,459 Mcf  × $  3.05 =    $44,040

────────────────────────────────────────────────────
Month total                                  $44,040

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/270564 is the state's own key, not one this site invented.