MAHAFFEY, SUE

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 227416District 09Field 65280200GasSaveExport
Value, all time
$6.9 M
Dec 2006 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
234
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
GasProduction1,386,826 Mcf$6,940,789
Total$6,940,789

Every month this lease reported (234)

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

234 months

May 20262,584106.413.05$7,870
Apr 20262,48898.932.87$7,140
Mar 20262,57689.753.15$8,113
Feb 20262,33663.503.75$8,761
Jan 20262,58659.138.00$20,683
Dec 20252,64456.664.41$11,669
Nov 20252,45558.593.93$9,639
Oct 20252,58559.383.30$8,543
Sep 20252,57162.743.08$7,911
Aug 20252,77263.933.01$8,357
Jul 20252,73266.743.32$9,057
Jun 20252,68166.483.13$8,388
May 20252,71660.553.23$8,779
Apr 20252,59862.363.54$9,205
Mar 20252,82867.704.27$12,071
Feb 20252,58670.884.34$11,225
Jan 20252,79674.324.28$11,963
Dec 20242,78468.993.12$8,690
Nov 20242,67769.052.20$5,885
Oct 20242,86371.372.28$6,532
Sep 20242,78269.612.36$6,578
Aug 20242,87075.632.06$5,923
Jul 20242,77679.932.15$5,959
Jun 20242,62878.082.63$6,922
May 20242,60178.812.20$5,718
Apr 20242,62684.451.66$4,357
Mar 20242,83980.301.55$4,387
Feb 20242,67376.091.78$4,768
Jan 20242,85373.023.30$9,408
Dec 20232,69771.262.61$7,041
Nov 20232,65277.892.81$7,446
Oct 20232,83585.443.09$8,752
Sep 20232,58389.042.74$7,065
Aug 20232,36280.522.67$6,313
Jul 20232,39474.852.64$6,324
Jun 20232,36668.962.26$5,344
May 20232,16570.622.23$4,822
Apr 20232,06678.122.24$4,623
Mar 20232,11872.852.39$5,069
Feb 20231,99175.112.47$4,909
Jan 20232,00376.533.39$6,786
Dec 20222,21676.415.73$12,696
Nov 20222,17885.005.65$12,297
Oct 20222,28087.185.86$13,369
Sep 20222,29884.888.16$18,760
Aug 20222,84394.529.13$25,949
Jul 20222,637101.587.54$19,888
Jun 20222,140115.097.98$17,071
May 20222,299109.378.43$19,388
Apr 20222,121104.226.84$14,503
Mar 20222,346108.885.08$11,909
Feb 20222,12491.054.86$10,320
Jan 20222,32381.844.54$10,541
Dec 20212,35971.323.90$9,198
Nov 20212,28577.435.24$11,966
Oct 20212,48979.795.71$14,222
Sep 20212,73769.865.35$14,645
Aug 20212,60266.024.22$10,982
Jul 20212,40170.783.98$9,561
Jun 20212,41669.493.38$8,168
May 20212,71363.483.02$8,187
Apr 20212,18060.362.76$6,013
Mar 20213,29261.302.72$8,944
Feb 20211,69457.805.55$9,398
Jan 20211,83050.412.81$5,143
Dec 20201,77944.642.68$4,760
Nov 20201,88038.772.71$5,088
Oct 20202,47736.972.48$6,139
Sep 20202,32137.091.99$4,621
Aug 20203,35839.982.39$8,009
Jul 20203,38638.371.83$6,180
Jun 20203,66234.901.69$6,190
May 20203,05916.921.81$5,551
Apr 20201,48814.751.80$2,685
Mar 20202,02030.341.86$3,750
Feb 20201,70149.881.98$3,369
Jan 20201,98657.252.09$4,160
Dec 20192,23859.012.30$5,157
Nov 20192,31055.302.75$6,354
Oct 20192,59453.472.42$6,274
Sep 20192,88555.052.66$7,666
Aug 20193,24753.112.30$7,482
Jul 20193,48656.272.46$8,576
Jun 20193,34552.782.49$8,333
May 20193,45558.482.74$9,468
Apr 20193,16662.632.75$8,709
Mar 20193,60956.803.06$11,051
Feb 20193,22450.852.79$9,002
Jan 20193,63446.033.23$11,731
Dec 20183,71646.594.19$15,553
Nov 20183,68952.934.24$15,631
Oct 20183,82861.443.40$13,008
Sep 20183,78459.543.11$11,761
Aug 20183,92959.403.07$12,049
Jul 20184,17865.142.93$12,249
Jun 20184,12160.183.08$12,680
May 20184,20765.382.90$12,204
Apr 20184,30063.842.90$12,473
Mar 20184,37661.222.79$12,195
Feb 20183,98161.782.77$11,012
Jan 20184,79662.874.01$19,229
Dec 20174,56657.272.92$13,340
Nov 20174,66155.423.12$14,535
Oct 20174,81549.292.98$14,366
Sep 20174,66247.523.09$14,393
Aug 20174,79345.373.00$14,400
Jul 20175,68643.873.09$17,554
Jun 20173,39342.493.09$10,475
May 20171,02545.373.26$3,345
Apr 20171,27547.933.21$4,095
Mar 20171,67246.772.98$4,989
Feb 20171,01150.452.95$2,985
Jan 20171,19849.413.42$4,096
Dec 20161,19348.763.72$4,441
Nov 20161,24242.492.64$3,284
Oct 20161,29646.193.09$4,005
Sep 20161,36741.553.10$4,239
Aug 20161,58041.442.92$4,620
Jul 20161,79141.622.92$5,237
Jun 20161,67345.352.69$4,493
May 20162,01742.521.99$4,016
Apr 20162,16836.561.99$4,317
Mar 20163,29833.011.79$5,917
Feb 20163,57026.472.06$7,367
Jan 20163,88127.352.36$9,176
Dec 20154,15432.362.00$8,314
Nov 20153,72138.792.17$8,065
Oct 20153,77843.552.43$9,168
Sep 20153,84542.992.76$10,606
Aug 20153,93040.162.87$11,289
Jul 20153,93148.152.95$11,577
Jun 20153,90256.152.88$11,249
May 20154,41055.212.96$13,034
Apr 20154,30149.822.71$11,641
Mar 20154,60042.892.93$13,500
Feb 20154,27144.662.98$12,711
Jan 20154,81043.433.10$14,914
Dec 20144,81754.693.59$17,300
Nov 20144,70170.464.25$19,988
Oct 20144,81878.303.90$18,795
Sep 20144,58486.164.05$18,544
Aug 20145,00289.394.04$20,184
Jul 20144,95996.564.18$20,727
Jun 20144,90598.164.74$23,234
May 20145,05394.734.73$23,883
Apr 20144,97195.944.81$23,906
Mar 20145,40295.895.06$27,317
Feb 20144,93297.406.19$30,539
Jan 20145,62790.404.86$27,351
Dec 20135,67091.824.35$24,690
Nov 20135,56388.853.74$20,796
Oct 20135,66197.423.78$21,395
Sep 20135,324104.113.72$19,793
Aug 20135,501104.253.52$19,378
Jul 20135,615102.523.72$20,875
Jun 20135,54694.403.93$21,815
May 20135,81294.834.15$24,114
Apr 20135,15193.964.28$22,060
Mar 20135,60393.623.91$21,924
Feb 20135,42891.233.42$18,563
Jan 20136,06791.603.42$20,749
Dec 20126,06286.773.42$20,733
Nov 20125,02186.953.62$18,201
Oct 20125,55389.383.40$18,878
Sep 20124,97594.672.92$14,519
Aug 20125,09592.662.91$14,817
Jul 20125,79585.133.02$17,506
Jun 20125,21979.822.52$13,147
May 20125,87791.612.49$14,624
Apr 20126,571101.652.00$13,121
Mar 20126,459105.052.22$14,352
Feb 20126,321101.102.57$16,246
Jan 20126,49598.092.73$17,758
Dec 20116,52396.873.24$21,133
Nov 20116,09095.723.31$20,166
Oct 20116,67484.983.65$24,350
Sep 20116,62383.623.99$26,398
Aug 20116,93983.404.15$28,792
Jul 20117,29294.144.52$32,940
Jun 20117,15392.904.64$33,189
May 20117,70498.134.40$33,935
Apr 20117,417105.964.33$32,140
Mar 20118,00296.364.06$32,467
Feb 20117,46385.644.18$31,195
Jan 20118,36086.504.59$38,362
Dec 20108,33985.734.35$36,256
Nov 20108,44280.843.80$32,040
Oct 20108,54978.103.51$29,998
Sep 20108,64472.633.98$34,399
Aug 20108,87373.684.42$39,213
Jul 20107,80272.554.74$36,954
Jun 20107,05870.364.91$34,658
May 20108,58371.124.24$36,351
Apr 20108,75181.694.12$36,078
Mar 20109,15478.394.39$40,174
Feb 20108,70773.585.44$47,387
Jan 20109,77574.365.96$58,299
Dec 20099,79371.445.48$53,702
Nov 20099,34574.593.75$35,058
Oct 200910,15272.544.11$41,727
Sep 20099,51365.543.06$29,155
Aug 200910,65067.423.22$34,277
Jul 200910,22461.133.46$35,421
Jun 200910,74066.163.90$41,832
May 200911,73654.743.93$46,073
Apr 200912,23546.773.59$43,893
Mar 200912,64742.144.06$51,334
Feb 200911,87332.814.63$55,008
Jan 200913,02435.865.37$69,952
Dec 200813,72537.105.98$82,036
Nov 200813,79155.496.86$94,611
Oct 200814,53375.246.92$100,597
Sep 200814,034101.767.88$110,547
Aug 200815,473114.228.48$131,258
Jul 200814,213131.0811.39$161,878
Jun 200812,469131.3313.03$162,504
May 20088,324123.1711.57$96,344
Apr 20083,242110.3110.45$33,895
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 20082,80490.388.21$23,009
Dec 200716,21088.337.30$118,365
Nov 200717,43191.677.29$127,102
Oct 200717,89982.856.92$123,897
Sep 200720,70075.846.24$129,254
Aug 200723,85069.066.39$152,352
Jul 200725,93670.906.39$165,678
Jun 200722,57162.007.55$170,376
May 200712,60458.747.85$98,895
Apr 200729,51359.617.81$230,355
Mar 200734,32156.927.30$250,611
Feb 200737,42955.108.22$307,517
Jan 200743,93750.306.73$295,558
Dec 200663,57156.656.92$439,812

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                2,584 Mcf  × $  3.05 =     $7,870

────────────────────────────────────────────────────
Month total                                   $7,870

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/227416 is the state's own key, not one this site invented.