PEIKOFF, MIKE

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 212194District 09Field 65280200GasSaveExport
Value, all time
$7.1 M
Aug 2005 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
250
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
GasProduction1,272,649 Mcf$7,122,701
Total$7,122,701

Every month this lease reported (250)

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

250 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 20251,95663.933.01$5,897
Jul 20252,79666.743.32$9,269
Jun 20252,93966.483.13$9,195
May 20252,75160.553.23$8,892
Apr 20252,35062.363.54$8,326
Mar 20252,31667.704.27$9,885
Feb 20252,21070.884.34$9,593
Jan 20252,40074.324.28$10,269
Dec 20242,49568.993.12$7,788
Nov 20242,05769.052.20$4,522
Oct 20242,05971.372.28$4,697
Sep 20241,74869.612.36$4,133
Aug 20241,77375.632.06$3,659
Jul 20242,32179.932.15$4,982
Jun 20241,81778.082.63$4,786
May 20242,10778.812.20$4,632
Apr 20241,85384.451.66$3,075
Mar 20242,10880.301.55$3,257
Feb 20241,41776.091.78$2,527
Jan 2024073.023.30$0
Dec 20232,40771.262.61$6,284
Nov 20232,44377.892.81$6,859
Oct 20232,65385.443.09$8,191
Sep 20232,67389.042.74$7,311
Aug 20232,61180.522.67$6,979
Jul 20232,41074.852.64$6,367
Jun 20232,22768.962.26$5,030
May 20232,45670.622.23$5,470
Apr 20232,40278.122.24$5,375
Mar 20232,54072.852.39$6,079
Feb 20232,76075.112.47$6,805
Jan 20232,98276.533.39$10,102
Dec 20222,82376.415.73$16,173
Nov 20222,48885.005.65$14,048
Oct 20222,35787.185.86$13,821
Sep 20222,20984.888.16$18,034
Aug 20222,33094.529.13$21,266
Jul 20222,304101.587.54$17,377
Jun 20222,194115.097.98$17,502
May 20222,071109.378.43$17,465
Apr 20221,826104.226.84$12,485
Mar 20222,386108.885.08$12,112
Feb 20222,52391.054.86$12,259
Jan 20223,48181.844.54$15,796
Dec 20213,10771.323.90$12,115
Nov 20213,32877.435.24$17,428
Oct 20213,02379.795.71$17,273
Sep 20212,98469.865.35$15,967
Aug 20212,94466.024.22$12,425
Jul 20213,10470.783.98$12,360
Jun 20212,69069.493.38$9,094
May 20213,22463.483.02$9,729
Apr 20212,70460.362.76$7,459
Mar 20213,04761.302.72$8,279
Feb 20212,72657.805.55$15,124
Jan 20212,92650.412.81$8,223
Dec 20203,03444.642.68$8,117
Nov 20202,82538.772.71$7,646
Oct 20202,84636.972.48$7,054
Sep 20202,61237.091.99$5,201
Aug 20203,01539.982.39$7,191
Jul 20202,97638.371.83$5,432
Jun 20203,70534.901.69$6,263
May 20203,32816.921.81$6,039
Apr 20203,63814.751.80$6,564
Mar 20203,86630.341.86$7,176
Feb 20203,82749.881.98$7,580
Jan 20204,17657.252.09$8,748
Dec 20194,02359.012.30$9,270
Nov 20194,12355.302.75$11,341
Oct 20194,86953.472.42$11,776
Sep 20193,84255.052.66$10,209
Aug 20193,66853.112.30$8,452
Jul 20193,59856.272.46$8,851
Jun 20193,97052.782.49$9,890
May 20193,92458.482.74$10,753
Apr 20193,87662.632.75$10,662
Mar 20194,21056.803.06$12,891
Feb 20193,99950.852.79$11,166
Jan 20194,66246.033.23$15,050
Dec 20184,12546.594.19$17,265
Nov 20183,92952.934.24$16,648
Oct 20183,45261.443.40$11,730
Sep 20183,72759.543.11$11,584
Aug 20183,20859.403.07$9,838
Jul 20183,28065.142.93$9,617
Jun 20183,06960.183.08$9,443
May 20184,09065.382.90$11,864
Apr 20184,29963.842.90$12,471
Mar 20184,40661.222.79$12,279
Feb 20182,95961.782.77$8,185
Jan 20183,99862.874.01$16,029
Dec 20174,70957.272.92$13,757
Nov 20173,29955.423.12$10,287
Oct 201770549.292.98$2,103
Sep 20171,08947.523.09$3,362
Aug 201716545.373.00$496
Jul 20172,37643.873.09$7,335
Jun 20172,80242.493.09$8,651
May 20172,36645.373.26$7,721
Apr 20174,85347.933.21$15,586
Mar 20177,45646.772.98$22,246
Feb 20176,59050.452.95$19,458
Jan 20176,38149.413.42$21,815
Dec 20168,27648.763.72$30,810
Nov 20166,40642.492.64$16,940
Oct 20164,76746.193.09$14,731
Sep 20165,21241.553.10$16,160
Aug 20165,71041.442.92$16,698
Jul 20164,38141.622.92$12,812
Jun 20163,37845.352.69$9,073
May 20166,30242.521.99$12,548
Apr 20167,28536.561.99$14,505
Mar 20166,81933.011.79$12,233
Feb 20165,59826.472.06$11,552
Jan 20166,56127.352.36$15,513
Dec 20156,50532.362.00$13,019
Nov 20156,66638.792.17$14,447
Oct 20157,03343.552.43$17,066
Sep 20156,22942.992.76$17,182
Aug 20155,83640.162.87$16,764
Jul 20156,97648.152.95$20,545
Jun 20155,11156.152.88$14,734
May 20154,73555.212.96$13,994
Apr 20156,29949.822.71$17,049
Mar 20155,85242.892.93$17,174
Feb 20155,03444.662.98$14,982
Jan 20154,82043.433.10$14,945
Dec 20144,49054.693.59$16,125
Nov 20143,21470.464.25$13,665
Oct 20142,79378.303.90$10,895
Sep 20143,29386.164.05$13,322
Aug 20145,06889.394.04$20,450
Jul 20145,77696.564.18$24,141
Jun 20145,22598.164.74$24,750
May 20145,31594.734.73$25,122
Apr 20146,52895.944.81$31,394
Mar 20144,80895.895.06$24,313
Feb 20142,98397.406.19$18,471
Jan 20147,04190.404.86$34,224
Dec 20136,07891.824.35$26,467
Nov 20135,14688.853.74$19,237
Oct 20134,37297.423.78$16,523
Sep 20133,877104.113.72$14,414
Aug 20134,020104.253.52$14,161
Jul 20137,190102.523.72$26,731
Jun 20135,97394.403.93$23,494
May 20135,40294.834.15$22,413
Apr 20135,79993.964.28$24,835
Mar 20134,48893.623.91$17,561
Feb 20136,73291.233.42$23,023
Jan 20137,42491.603.42$25,389
Dec 20126,73786.773.42$23,042
Nov 20125,09786.953.62$18,476
Oct 20126,30189.383.40$21,421
Sep 20129,98394.672.92$29,134
Aug 20126,08292.662.91$17,687
Jul 20125,43585.133.02$16,418
Jun 20125,59879.822.52$14,102
May 20127,73791.612.49$19,252
Apr 20125,906101.652.00$11,793
Mar 20124,510105.052.22$10,022
Feb 2012840101.102.57$2,159
Jan 20123,94198.092.73$10,775
Dec 20113,14696.873.24$10,192
Nov 20116,57395.723.31$21,765
Oct 201140984.983.65$1,492
Sep 20112,10683.623.99$8,394
Aug 20112,51083.404.15$10,415
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 2011276105.964.33$1,196
Mar 201195796.364.06$3,883
Feb 20111,66085.644.18$6,939
Jan 20113,49186.504.59$16,019
Dec 20104,54685.734.35$19,765
Nov 20103,06280.843.80$11,621
Oct 20103,91378.103.51$13,730
Sep 20104,14572.633.98$16,495
Aug 20102,25973.684.42$9,983
Jul 20104,08572.554.74$19,349
Jun 20103,88970.364.91$19,097
May 20103,99971.124.24$16,937
Apr 20103,31981.694.12$13,683
Mar 20103,84978.394.39$16,892
Feb 20104,11773.585.44$22,406
Jan 20104,69974.365.96$28,025
Dec 20093,50971.445.48$19,242
Nov 20093,70274.593.75$13,888
Oct 20094,44372.544.11$18,262
Sep 20093,81165.543.06$11,680
Aug 20094,99067.423.22$16,060
Jul 20095,17661.133.46$17,932
Jun 20095,12766.163.90$19,970
May 20095,13554.743.93$20,159
Apr 20095,73146.773.59$20,560
Mar 20095,76942.144.06$23,416
Feb 20094,98132.814.63$23,077
Jan 20095,64535.865.37$30,319
Dec 20086,03937.105.98$36,096
Nov 20086,22655.496.86$42,713
Oct 20086,40375.246.92$44,321
Sep 20086,183101.767.88$48,704
Aug 20086,312114.228.48$53,545
Jul 20086,895131.0811.39$78,530
Jun 20083,890131.3313.03$50,697
May 20087,418123.1711.57$85,858
Apr 20087,144110.3110.45$74,690
Mar 20088,115101.909.66$78,424
Feb 20087,54892.538.77$66,200
Jan 20087,61190.388.21$62,454
Dec 20078,06188.337.30$58,861
Nov 20077,59291.677.29$55,359
Oct 20077,18282.856.92$49,714
Sep 20077,17075.846.24$44,771
Aug 20078,66869.066.39$55,371
Jul 200710,25570.906.39$65,508
Jun 20072,18162.007.55$16,463
May 200755758.747.85$4,370
Apr 200724459.617.81$1,904
Mar 20074,67656.927.30$34,144
Feb 20079,96155.108.22$81,840
Jan 200710,44150.306.73$70,235
Dec 200611,52856.656.92$79,756
Nov 200611,55054.207.62$87,982
Oct 200612,29554.906.01$73,940
Sep 200613,29760.085.04$66,980
Aug 200614,24068.717.34$104,520
Jul 200615,16769.376.34$96,201
Jun 200615,08266.286.38$96,282
May 200616,20666.016.42$104,124
Apr 200616,57664.397.36$122,007
Mar 200619,12656.707.08$135,468
Feb 200617,53857.597.75$135,939
Jan 200621,63460.598.93$193,263
Dec 200525,57354.9413.42$343,072
Nov 200528,53054.6910.59$302,087
Oct 200535,56158.3413.80$490,591
Sep 200544,52061.4512.08$537,757
Aug 200526,65161.519.80$261,096

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.

Aug 2025 — as filed, then multipliedworked
Gas                1,956 Mcf  × $  3.01 =     $5,897

────────────────────────────────────────────────────
Month total                                   $5,897

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/212194 is the state's own key, not one this site invented.