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 227651District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.8 M
Jan 2007 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
233
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition1 bbl$69
GasProduction2,546,922 Mcf$12,796,587
Total$12,796,656

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 202605,627106.413.05$17,139
Apr 202605,24298.932.87$15,043
Mar 202605,49489.753.15$17,303
Feb 202605,02663.503.75$18,849
Jan 202605,55859.138.00$44,452
Dec 202505,61356.664.41$24,772
Nov 202505,20758.593.93$20,445
Oct 202505,53559.383.30$18,292
Sep 202505,38762.743.08$16,575
Aug 202505,79863.933.01$17,480
Jul 202505,90366.743.32$19,570
Jun 202505,90466.483.13$18,472
May 202505,88660.553.23$19,025
Apr 202505,70362.363.54$20,206
Mar 202506,08167.704.27$25,956
Feb 202505,51070.884.34$23,918
Jan 202505,98574.324.28$25,608
Dec 202406,08868.993.12$19,003
Nov 202405,70969.052.20$12,551
Oct 202406,29371.372.28$14,357
Sep 202406,10069.612.36$14,423
Aug 202406,40475.632.06$13,215
Jul 202406,45679.932.15$13,858
Jun 202405,92378.082.63$15,601
May 202405,60578.812.20$12,322
Apr 202406,44384.451.66$10,690
Mar 202406,79680.301.55$10,501
Feb 202405,98276.091.78$10,670
Jan 202405,68873.023.30$18,757
Dec 202305,92871.262.61$15,476
Nov 202305,99077.892.81$16,817
Oct 202305,79385.443.09$17,885
Sep 202306,75389.042.74$18,470
Aug 202307,03080.522.67$18,790
Jul 202306,61974.852.64$17,486
Jun 202316,19268.962.26$14,053
May 202305,99870.622.23$13,360
Apr 202306,25978.122.24$14,006
Mar 202306,14172.852.39$14,696
Feb 202305,98075.112.47$14,745
Jan 202306,72776.533.39$22,789
Dec 202205,83876.415.73$33,446
Nov 202206,43285.005.65$36,316
Oct 202206,22687.185.86$36,508
Sep 202205,57284.888.16$45,488
Aug 202205,05194.529.13$46,101
Jul 202205,865101.587.54$44,234
Jun 202205,422115.097.98$43,252
May 202206,203109.378.43$52,310
Apr 202206,652104.226.84$45,484
Mar 202207,288108.885.08$36,997
Feb 202206,48691.054.86$31,514
Jan 202207,16181.844.54$32,494
Dec 202107,09671.323.90$27,668
Nov 202106,67477.435.24$34,951
Oct 202106,36279.795.71$36,352
Sep 202106,52569.865.35$34,915
Aug 202105,07766.024.22$21,428
Jul 202103,16670.783.98$12,607
Jun 2021086369.493.38$2,917
May 2021089663.483.02$2,704
Apr 2021090560.362.76$2,496
Mar 2021096561.302.72$2,622
Feb 202101,02557.805.55$5,687
Jan 2021094750.412.81$2,661
Dec 202001,01444.642.68$2,713
Nov 202001,03038.772.71$2,788
Oct 202001,12236.972.48$2,781
Sep 202001,11037.091.99$2,210
Aug 202001,19239.982.39$2,843
Jul 202001,23638.371.83$2,256
Jun 202001,61034.901.69$2,721
May 202001,07516.921.81$1,951
Apr 202002,99814.751.80$5,410
Mar 202002,31830.341.86$4,303
Feb 202003,77149.881.98$7,469
Jan 202006,44657.252.09$13,503
Dec 201906,43059.012.30$14,817
Nov 201906,52755.302.75$17,954
Oct 201906,79153.472.42$16,424
Sep 201906,89555.052.66$18,322
Aug 201904,52853.112.30$10,434
Jul 201904,15656.272.46$10,224
Jun 201903,59552.782.49$8,956
May 201904,25758.482.74$11,666
Apr 201903,61562.632.75$9,944
Mar 201904,04556.803.06$12,386
Feb 201903,70650.852.79$10,348
Jan 201904,21946.033.23$13,620
Dec 201804,22346.594.19$17,675
Nov 201804,32052.934.24$18,305
Oct 201804,81261.443.40$16,352
Sep 201804,76959.543.11$14,822
Aug 201805,01459.403.07$15,376
Jul 201804,98865.142.93$14,624
Jun 201804,88360.183.08$15,025
May 201805,03465.382.90$14,603
Apr 201804,58263.842.90$13,291
Mar 201804,83161.222.79$13,463
Feb 201804,83161.782.77$13,363
Jan 201806,41362.874.01$25,712
Dec 201708,02357.272.92$23,439
Nov 201707,46855.423.12$23,288
Oct 201706,28049.292.98$18,738
Sep 201708,44947.523.09$26,084
Aug 201708,18145.373.00$24,579
Jul 201706,04443.873.09$18,660
Jun 201705,67542.493.09$17,520
May 201706,23445.373.26$20,344
Apr 201706,26647.933.21$20,124
Mar 201706,90646.772.98$20,605
Feb 201706,43450.452.95$18,997
Jan 201708,00249.413.42$27,357
Dec 201607,16548.763.72$26,674
Nov 201606,80842.492.64$18,003
Oct 201607,26946.193.09$22,463
Sep 201607,73041.553.10$23,968
Aug 201608,51241.442.92$24,892
Jul 201608,36441.622.92$24,459
Jun 201607,44145.352.69$19,985
May 201607,51142.521.99$14,955
Apr 201607,02536.561.99$13,987
Mar 201607,40833.011.79$13,290
Feb 201607,02326.472.06$14,493
Jan 201606,91427.352.36$16,347
Dec 201507,19932.362.00$14,408
Nov 201506,83938.792.17$14,822
Oct 201507,12743.552.43$17,294
Sep 201507,26942.992.76$20,051
Aug 201507,30640.162.87$20,986
Jul 201507,26648.152.95$21,399
Jun 201507,02856.152.88$20,261
May 201507,83955.212.96$23,168
Apr 201507,87649.822.71$21,317
Mar 201508,10442.892.93$23,783
Feb 201507,53344.662.98$22,420
Jan 201508,35443.433.10$25,903
Dec 201408,39754.693.59$30,157
Nov 201408,06770.464.25$34,300
Oct 201408,41978.303.90$32,842
Sep 201408,38786.164.05$33,929
Aug 201408,65089.394.04$34,904
Jul 201408,84996.564.18$36,985
Jun 201408,70098.164.74$41,211
May 201408,91394.734.73$42,128
Apr 201408,85295.944.81$42,570
Mar 201409,25795.895.06$46,811
Feb 201408,41697.406.19$52,112
Jan 201409,38390.404.86$45,608
Dec 201309,42991.824.35$41,058
Nov 201309,35688.853.74$34,975
Oct 201309,85397.423.78$37,238
Sep 201309,941104.113.72$36,958
Aug 201309,927104.253.52$34,969
Jul 2013010,089102.523.72$37,508
Jun 201309,83794.403.93$38,693
May 201309,81794.834.15$40,732
Apr 201309,93393.964.28$42,539
Mar 2013010,66493.623.91$41,727
Feb 201309,77691.233.42$33,433
Jan 2013011,00891.603.42$37,646
Dec 2012010,64686.773.42$36,411
Nov 2012010,18786.953.62$36,927
Oct 2012011,16389.383.40$37,951
Sep 2012010,24094.672.92$29,884
Aug 201209,74392.662.91$28,334
Jul 2012010,90485.133.02$32,939
Jun 2012010,09279.822.52$25,422
May 2012010,43591.612.49$25,966
Apr 2012010,953101.652.00$21,871
Mar 2012010,115105.052.22$22,476
Feb 201209,378101.102.57$24,104
Jan 2012010,89598.092.73$29,788
Dec 2011010,72096.873.24$34,730
Nov 2011011,31195.723.31$37,454
Oct 2011012,40384.983.65$45,253
Sep 2011012,09483.623.99$48,204
Aug 2011012,55783.404.15$52,103
Jul 2011012,15994.144.52$54,925
Jun 2011011,79692.904.64$54,732
May 2011012,61398.134.40$55,558
Apr 2011012,306105.964.33$53,325
Mar 2011013,10596.364.06$53,171
Feb 2011011,64585.644.18$48,676
Jan 2011013,45386.504.59$61,733
Dec 2010012,00285.734.35$52,182
Nov 2010013,32580.843.80$50,573
Oct 2010012,79778.103.51$44,903
Sep 2010012,97172.633.98$51,618
Aug 2010015,57673.684.42$68,836
Jul 2010016,27672.554.74$77,091
Jun 2010016,19170.364.91$79,504
May 2010015,31971.124.24$64,879
Apr 2010016,79581.694.12$69,241
Mar 2010018,44978.394.39$80,967
Feb 2010017,27073.585.44$93,990
Jan 2010013,82374.365.96$82,442
Dec 2009011,71071.445.48$64,215
Nov 2009011,62274.593.75$43,600
Oct 200902,67072.544.11$10,974
Sep 2009015,51265.543.06$47,540
Aug 2009020,11467.423.22$64,737
Jul 2009020,90761.133.46$72,432
Jun 2009027,22466.163.90$106,037
May 2009027,75954.743.93$108,975
Apr 2009022,15646.773.59$79,485
Mar 2009023,41542.144.06$95,041
Feb 2009021,60432.814.63$100,091
Jan 2009024,52335.865.37$131,713
Dec 2008025,58637.105.98$152,931
Nov 2008026,08855.496.86$178,973
Oct 2008028,86075.246.92$199,768
Sep 2008028,109101.767.88$221,417
Aug 2008032,057114.228.48$271,940
Jul 2008033,909131.0811.39$386,204
Jun 2008023,046131.3313.03$300,350
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200808,51092.538.77$74,638
Jan 2008037,30090.388.21$306,074
Dec 2007038,52188.337.30$281,279
Nov 2007042,43791.677.29$309,438
Oct 2007046,68082.856.92$323,118
Sep 2007047,40275.846.24$295,986
Aug 2007052,54069.066.39$335,622
Jul 2007055,83270.906.39$356,651
Jun 2007058,33762.007.55$440,354
May 2007049,59358.747.85$389,121
Apr 2007074,26159.617.81$579,622
Mar 2007092,80456.927.30$677,652
Feb 2007029,84455.108.22$245,198
Jan 2007046,05250.306.73$309,785

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
Condensate             0 bbl  × $106.41 =         $0
Gas                5,627 Mcf  × $  3.05 =    $17,139

────────────────────────────────────────────────────
Month total                                  $17,139

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/227651 is the state's own key, not one this site invented.