MILLER

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 227630District 09Field 65280200GasSaveExport
Value, all time
$12.8 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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
GasProduction2,226,452 Mcf$12,826,211
Total$12,826,211

Every month this lease reported (233)

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

233 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 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 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 20193,19952.782.49$7,969
May 20193,19958.482.74$8,766
Apr 20193,47862.632.75$9,567
Mar 201998856.803.06$3,025
Feb 201954550.852.79$1,522
Jan 20193,75646.033.23$12,125
Dec 20183,89346.594.19$16,294
Nov 20183,70652.934.24$15,703
Oct 20184,03461.443.40$13,708
Sep 20184,00359.543.11$12,441
Aug 20184,19259.403.07$12,855
Jul 20183,47565.142.93$10,188
Jun 20184,22760.183.08$13,006
May 20185,40265.382.90$15,670
Apr 20185,15763.842.90$14,959
Mar 20186,05761.222.79$16,880
Feb 201898061.782.77$2,711
Jan 20184,52062.874.01$18,122
Dec 20175,16257.272.92$15,081
Nov 20175,90655.423.12$18,417
Oct 20175,71349.292.98$17,046
Sep 20173,87747.523.09$11,969
Aug 20173,19845.373.00$9,608
Jul 20171,82043.873.09$5,619
Jun 20173,92742.493.09$12,124
May 20174,83045.373.26$15,762
Apr 20175,29747.933.21$17,012
Mar 20175,99346.772.98$17,881
Feb 20173,07150.452.95$9,067
Jan 20174,25749.413.42$14,554
Dec 20165,10148.763.72$18,990
Nov 20163,36942.492.64$8,909
Oct 20164,91846.193.09$15,198
Sep 20165,23341.553.10$16,226
Aug 20163,76741.442.92$11,016
Jul 20163,76241.622.92$11,001
Jun 20163,37245.352.69$9,057
May 20164,55442.521.99$9,067
Apr 20164,57236.561.99$9,103
Mar 20163,93633.011.79$7,061
Feb 20165,93126.472.06$12,239
Jan 20166,89627.352.36$16,305
Dec 20155,99932.362.00$12,006
Nov 20154,50238.792.17$9,757
Oct 20154,60743.552.43$11,179
Sep 20154,85242.992.76$13,384
Aug 20155,17140.162.87$14,854
Jul 20155,25348.152.95$15,471
Jun 20155,65056.152.88$16,288
May 20156,58055.212.96$19,447
Apr 20156,24049.822.71$16,889
Mar 20151,85342.892.93$5,438
Feb 2015044.662.98$0
Jan 201535343.433.10$1,095
Dec 2014054.693.59$0
Nov 20141,87970.464.25$7,989
Oct 20143,76478.303.90$14,683
Sep 201482186.164.05$3,321
Aug 20144,73189.394.04$19,090
Jul 20145,74696.564.18$24,016
Jun 20145,59698.164.74$26,508
May 20148,34294.734.73$39,429
Apr 20148,00595.944.81$38,497
Mar 20148,91595.895.06$45,081
Feb 20149,11397.406.19$56,428
Jan 201410,27890.404.86$49,958
Dec 201310,34591.824.35$45,047
Nov 201311,11088.853.74$41,532
Oct 201311,41297.423.78$43,130
Sep 201310,674104.113.72$39,683
Aug 201310,729104.253.52$37,794
Jul 201310,904102.523.72$40,538
Jun 201310,65494.403.93$41,907
May 201311,02294.834.15$45,731
Apr 201310,52993.964.28$45,091
Mar 201310,95493.623.91$42,862
Feb 201310,14591.233.42$34,695
Jan 201311,25791.603.42$38,498
Dec 201211,30386.773.42$38,658
Nov 201212,03686.953.62$43,630
Oct 201211,83389.383.40$40,228
Sep 201211,71494.672.92$34,186
Aug 201212,52992.662.91$36,436
Jul 201212,99485.133.02$39,252
Jun 201212,50079.822.52$31,488
May 201213,01591.612.49$32,385
Apr 201212,737101.652.00$25,433
Mar 201213,295105.052.22$29,543
Feb 201212,534101.102.57$32,215
Jan 201213,14198.092.73$35,929
Dec 201113,63596.873.24$44,174
Nov 201113,95895.723.31$46,219
Oct 201113,98184.983.65$51,010
Sep 201112,68783.623.99$50,568
Aug 201113,68883.404.15$56,796
Jul 201114,23994.144.52$64,321
Jun 201113,79692.904.64$64,012
May 201114,65898.134.40$64,566
Apr 201114,967105.964.33$64,856
Mar 201114,99796.364.06$60,848
Feb 201113,96685.644.18$58,378
Jan 201115,71286.504.59$72,099
Dec 201016,55385.734.35$71,968
Nov 201017,26180.843.80$65,511
Oct 201017,15678.103.51$60,199
Sep 201016,18572.633.98$64,408
Aug 201011,25373.684.42$49,731
Jul 201013,53672.554.74$64,113
Jun 201016,60870.364.91$81,552
May 201016,39471.124.24$69,432
Apr 201015,22681.694.12$62,772
Mar 201015,83778.394.39$69,503
Feb 201014,94873.585.44$81,352
Jan 201015,92674.365.96$94,984
Dec 200916,13471.445.48$88,475
Nov 200916,02774.593.75$60,125
Oct 200916,97572.544.11$69,771
Sep 200916,84365.543.06$51,620
Aug 200917,54367.423.22$56,462
Jul 200918,29261.133.46$63,373
Jun 200918,13566.163.90$70,636
May 200919,54754.743.93$76,737
Apr 200918,62246.773.59$66,806
Mar 200920,77942.144.06$84,342
Feb 200921,90632.814.63$101,491
Jan 200924,47235.865.37$131,439
Dec 200825,10637.105.98$150,062
Nov 200827,31855.496.86$187,411
Oct 200828,45575.246.92$196,965
Sep 200829,324101.767.88$230,988
Aug 200833,048114.228.48$280,347
Jul 200832,530131.0811.39$370,498
Jun 200831,227131.3313.03$406,970
May 200836,535123.1711.57$422,867
Apr 200837,890110.3110.45$396,135
Mar 200841,181101.909.66$397,976
Feb 200827,26792.538.77$239,147
Jan 200849,81490.388.21$408,760
Dec 200729,22188.337.30$213,371
Nov 200726,48491.677.29$193,113
Oct 200741,45382.856.92$286,937
Sep 200791,21775.846.24$569,574
Aug 200789,41269.066.39$571,158
Jul 200745,05870.906.39$287,828
Jun 200757,63462.007.55$435,047
May 200761,08858.747.85$479,314
Apr 200760,70059.617.81$473,776
Mar 200795,20656.927.30$695,191
Feb 200751,49055.108.22$423,042
Jan 200724,46350.306.73$164,559

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.

Jun 2019 — as filed, then multipliedworked
Gas                3,199 Mcf  × $  2.49 =     $7,969

────────────────────────────────────────────────────
Month total                                   $7,969

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/227630 is the state's own key, not one this site invented.