MATTHEWS, DON

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 216551District 09Field 65280200GasSaveExport
Value, all time
$7.7 M
Jan 2006 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
245
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
GasProduction1,365,379 Mcf$7,729,804
Total$7,729,804

Every month this lease reported (245)

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

245 months

May 2026293106.413.05$892
Apr 202691398.932.87$2,620
Mar 20261,63889.753.15$5,159
Feb 202661963.503.75$2,321
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 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 20231480.522.67$37
Jul 202326574.852.64$700
Jun 202316868.962.26$379
May 20232270.622.23$49
Apr 20232278.122.24$49
Mar 20231672.852.39$38
Feb 20238575.112.47$210
Jan 202326976.533.39$911
Dec 202218876.415.73$1,077
Nov 202222485.005.65$1,265
Oct 202219287.185.86$1,126
Sep 202219884.888.16$1,616
Aug 202218594.529.13$1,689
Jul 2022197101.587.54$1,486
Jun 2022192115.097.98$1,532
May 2022177109.378.43$1,493
Apr 2022218104.226.84$1,491
Mar 2022229108.885.08$1,163
Feb 202215991.054.86$773
Jan 202214581.844.54$658
Dec 202115071.323.90$585
Nov 20216977.435.24$361
Oct 202117779.795.71$1,011
Sep 202118869.865.35$1,006
Aug 202120066.024.22$844
Jul 202120570.783.98$816
Jun 202128569.493.38$963
May 202132263.483.02$972
Apr 202129360.362.76$808
Mar 202131161.302.72$845
Feb 202127057.805.55$1,498
Jan 202130550.412.81$857
Dec 202027544.642.68$736
Nov 202030838.772.71$834
Oct 202031936.972.48$791
Sep 202033037.091.99$657
Aug 202035539.982.39$847
Jul 202033338.371.83$608
Jun 202033734.901.69$570
May 202032516.921.81$590
Apr 202032214.751.80$581
Mar 202032530.341.86$603
Feb 202031749.881.98$628
Jan 202038057.252.09$796
Dec 201940459.012.30$931
Nov 201938255.302.75$1,051
Oct 201940353.472.42$975
Sep 201940755.052.66$1,082
Aug 201943553.112.30$1,002
Jul 201951356.272.46$1,262
Jun 201952852.782.49$1,315
May 201958558.482.74$1,603
Apr 201964362.632.75$1,769
Mar 20191,88656.803.06$5,775
Feb 20193,18250.852.79$8,885
Jan 20193,20046.033.23$10,330
Dec 20183,42546.594.19$14,335
Nov 20183,63052.934.24$15,381
Oct 20183,79061.443.40$12,879
Sep 20183,48459.543.11$10,828
Aug 20183,52259.403.07$10,800
Jul 20183,05865.142.93$8,966
Jun 20183,59860.183.08$11,071
May 20183,63065.382.90$10,530
Apr 20183,50663.842.90$10,170
Mar 20183,69461.222.79$10,295
Feb 20183,33661.782.77$9,228
Jan 20183,79662.874.01$15,219
Dec 20173,72457.272.92$10,880
Nov 20173,36355.423.12$10,487
Oct 20173,44249.292.98$10,270
Sep 20173,22747.523.09$9,963
Aug 20173,21345.373.00$9,653
Jul 20173,21743.873.09$9,932
Jun 20172,91942.493.09$9,012
May 20171,95145.373.26$6,367
Apr 20172,54247.933.21$8,164
Mar 20173,69246.772.98$11,016
Feb 20173,61350.452.95$10,668
Jan 20173,97849.413.42$13,600
Dec 20163,99648.763.72$14,876
Nov 20163,46742.492.64$9,168
Oct 20163,53646.193.09$10,927
Sep 20163,66041.553.10$11,348
Aug 20163,96541.442.92$11,595
Jul 20163,98241.622.92$11,645
Jun 20163,94245.352.69$10,588
May 20164,21442.521.99$8,390
Apr 20164,15336.561.99$8,269
Mar 20164,43033.011.79$7,947
Feb 20164,12526.472.06$8,512
Jan 20164,33727.352.36$10,254
Dec 20154,30032.362.00$8,606
Nov 20154,20038.792.17$9,103
Oct 20154,35143.552.43$10,558
Sep 20154,15842.992.76$11,470
Aug 20154,28740.162.87$12,314
Jul 20154,32948.152.95$12,749
Jun 20154,21556.152.88$12,151
May 20154,30955.212.96$12,735
Apr 20154,22149.822.71$11,424
Mar 20154,35942.892.93$12,792
Feb 20154,01244.662.98$11,940
Jan 20154,47143.433.10$13,863
Dec 20144,46554.693.59$16,035
Nov 20142,89370.464.25$12,301
Oct 20144,02178.303.90$15,686
Sep 20143,83886.164.05$15,526
Aug 20144,17189.394.04$16,830
Jul 20144,26696.564.18$17,830
Jun 20144,38098.164.74$20,748
May 20144,70694.734.73$22,243
Apr 20144,62095.944.81$22,218
Mar 20144,53195.895.06$22,912
Feb 20144,35597.406.19$26,966
Jan 20145,06390.404.86$24,610
Dec 20135,08591.824.35$22,143
Nov 20134,88388.853.74$18,254
Oct 20134,94697.423.78$18,693
Sep 20134,990104.113.72$18,552
Aug 20135,005104.253.52$17,631
Jul 20135,011102.523.72$18,630
Jun 20134,83694.403.93$19,022
May 20135,16794.834.15$21,438
Apr 20135,13393.964.28$21,983
Mar 20135,50993.623.91$21,556
Feb 20134,99991.233.42$17,096
Jan 20135,60591.603.42$19,169
Dec 20125,53086.773.42$18,913
Nov 20125,52286.953.62$20,017
Oct 20125,57989.383.40$18,967
Sep 20125,37094.672.92$15,672
Aug 20125,56492.662.91$16,181
Jul 20125,58385.133.02$16,865
Jun 20125,61679.822.52$14,147
May 20125,89291.612.49$14,661
Apr 20125,706101.652.00$11,394
Mar 20125,889105.052.22$13,086
Feb 20125,778101.102.57$14,851
Jan 20126,52498.092.73$17,837
Dec 20116,38196.873.24$20,673
Nov 20116,18995.723.31$20,494
Oct 20116,51584.983.65$23,770
Sep 20116,64383.623.99$26,478
Aug 20116,75483.404.15$28,025
Jul 20117,02294.144.52$31,720
Jun 20116,63292.904.64$30,772
May 20116,90798.134.40$30,424
Apr 20116,757105.964.33$29,280
Mar 20117,38196.364.06$29,947
Feb 20116,83085.644.18$28,549
Jan 20117,51186.504.59$34,466
Dec 20107,52885.734.35$32,730
Nov 20107,88180.843.80$29,911
Oct 20108,50178.103.51$29,829
Sep 20108,44972.633.98$33,623
Aug 20107,17373.684.42$31,700
Jul 20108,09272.554.74$38,328
Jun 20107,30370.364.91$35,861
May 20107,71871.124.24$32,687
Apr 20106,50481.694.12$26,814
Mar 20106,38378.394.39$28,013
Feb 20105,99573.585.44$32,627
Jan 20107,57474.365.96$45,172
Dec 200910,42171.445.48$57,146
Nov 200911,78974.593.75$44,226
Oct 20099,73872.544.11$40,026
Sep 200910,05265.543.06$30,807
Aug 20099,97067.423.22$32,088
Jul 20099,48061.133.46$32,843
Jun 200910,77666.163.90$41,973
May 200911,45254.743.93$44,958
Apr 20097,33046.773.59$26,296
Mar 20091642.144.06$65
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20087,146101.767.88$56,290
Aug 200812,246114.228.48$103,883
Jul 200812,743131.0811.39$145,136
Jun 200813,024131.3313.03$169,737
May 200813,698123.1711.57$158,545
Apr 200813,537110.3110.45$141,527
Mar 200815,070101.909.66$145,638
Feb 200814,20392.538.77$124,569
Jan 200814,07690.388.21$115,504
Dec 200713,60688.337.30$99,351
Nov 200714,66591.677.29$106,933
Oct 200716,11582.856.92$111,548
Sep 200716,05075.846.24$100,219
Aug 200717,10369.066.39$109,253
Jul 200717,09170.906.39$109,176
Jun 200716,79762.007.55$126,791
May 200717,90858.747.85$140,511
Apr 200718,45159.617.81$144,014
Mar 200719,36156.927.30$141,373
Feb 200719,03555.108.22$156,392
Jan 200721,76150.306.73$146,383
Dec 200622,72556.656.92$157,222
Nov 200623,30954.207.62$177,556
Oct 200625,17754.906.01$151,409
Sep 200626,18460.085.04$131,894
Aug 200628,62768.717.34$210,120
Jul 200630,80769.376.34$195,401
Jun 200632,54866.286.38$207,783
May 200637,85366.016.42$243,206
Apr 200642,64564.397.36$313,888
Mar 200652,83356.707.08$374,212
Feb 200651,42557.597.75$398,601
Jan 200618,61660.598.93$166,303

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                  293 Mcf  × $  3.05 =       $892

────────────────────────────────────────────────────
Month total                                     $892

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/216551 is the state's own key, not one this site invented.