MCMAHON

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 229561District 09Field 65280200GasSaveExport
Value, all time
$10.3 M
May 2007 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
229
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
GasProduction2,206,968 Mcf$10,294,861
Total$10,294,861

Every month this lease reported (229)

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

229 months

May 20265,271106.413.05$16,055
Apr 20264,97198.932.87$14,265
Mar 20265,21389.753.15$16,418
Feb 20264,79963.503.75$17,998
Jan 20265,35559.138.00$42,829
Dec 20255,36156.664.41$23,660
Nov 20255,24158.593.93$20,578
Oct 20255,44059.383.30$17,978
Sep 20255,26662.743.08$16,203
Aug 20255,47763.933.01$16,512
Jul 20255,39066.743.32$17,869
Jun 20255,24966.483.13$16,423
May 20255,52560.553.23$17,859
Apr 20255,29262.363.54$18,750
Mar 20255,45567.704.27$23,284
Feb 20255,03270.884.34$21,843
Jan 20255,48474.324.28$23,464
Dec 20245,54468.993.12$17,305
Nov 20245,50269.052.20$12,096
Oct 20245,69771.372.28$12,997
Sep 20245,43869.612.36$12,857
Aug 20245,69075.632.06$11,742
Jul 20245,57279.932.15$11,961
Jun 20245,55078.082.63$14,619
May 20245,84678.812.20$12,852
Apr 20245,70584.451.66$9,466
Mar 20245,73780.301.55$8,864
Feb 20245,36776.091.78$9,573
Jan 20245,86573.023.30$19,341
Dec 20235,67271.262.61$14,808
Nov 20235,47277.892.81$15,363
Oct 20235,67985.443.09$17,533
Sep 20235,20389.042.74$14,230
Aug 20235,45280.522.67$14,573
Jul 20235,65374.852.64$14,934
Jun 20235,46268.962.26$12,336
May 20235,67970.622.23$12,649
Apr 20235,56078.122.24$12,442
Mar 20235,52072.852.39$13,210
Feb 20234,94175.112.47$12,183
Jan 20235,42976.533.39$18,392
Dec 20225,74676.415.73$32,919
Nov 20225,70485.005.65$32,206
Oct 20225,94387.185.86$34,848
Sep 20225,75484.888.16$46,974
Aug 20225,99694.529.13$54,726
Jul 20225,960101.587.54$44,951
Jun 20225,856115.097.98$46,714
May 20226,116109.378.43$51,576
Apr 20225,991104.226.84$40,964
Mar 20226,106108.885.08$30,997
Feb 20225,58091.054.86$27,112
Jan 20226,21781.844.54$28,211
Dec 20216,28471.323.90$24,502
Nov 20216,14777.435.24$32,191
Oct 20216,33679.795.71$36,203
Sep 20216,03669.865.35$32,298
Aug 20216,29166.024.22$26,552
Jul 20216,23770.783.98$24,836
Jun 20216,13869.493.38$20,750
May 20216,44363.483.02$19,443
Apr 20216,25860.362.76$17,262
Mar 20216,49261.302.72$17,638
Feb 20216,08957.805.55$33,781
Jan 20216,43350.412.81$18,078
Dec 20206,65344.642.68$17,800
Nov 20206,38738.772.71$17,287
Oct 20206,70436.972.48$16,615
Sep 20206,49137.091.99$12,924
Aug 20206,75939.982.39$16,121
Jul 20206,54838.371.83$11,951
Jun 20206,35634.901.69$10,744
May 20206,61916.921.81$12,012
Apr 20206,64114.751.80$11,983
Mar 20206,80330.341.86$12,628
Feb 20206,25549.881.98$12,389
Jan 20206,91357.252.09$14,481
Dec 20196,98659.012.30$16,098
Nov 20196,90855.302.75$19,002
Oct 20197,19853.472.42$17,409
Sep 20196,65255.052.66$17,676
Aug 20196,40553.112.30$14,759
Jul 20196,63456.272.46$16,320
Jun 20196,61952.782.49$16,489
May 20197,10158.482.74$19,459
Apr 20197,07362.632.75$19,456
Mar 20197,27556.803.06$22,277
Feb 20195,82750.852.79$16,270
Jan 20196,02446.033.23$19,447
Dec 20186,37946.594.19$26,699
Nov 20186,78652.934.24$28,754
Oct 20187,17161.443.40$24,368
Sep 20186,53759.543.11$20,317
Aug 20186,42159.403.07$19,690
Jul 20186,79865.142.93$19,931
Jun 20186,75160.183.08$20,772
May 20186,93965.382.90$20,129
Apr 20186,97963.842.90$20,245
Mar 20187,34361.222.79$20,464
Feb 20186,56661.782.77$18,162
Jan 20187,58162.874.01$30,395
Dec 20177,89457.272.92$23,062
Nov 20176,95255.423.12$21,679
Oct 20172,80549.292.98$8,369
Sep 20176,99347.523.09$21,589
Aug 20177,73345.373.00$23,233
Jul 20177,97843.873.09$24,630
Jun 20177,23642.493.09$22,340
May 20177,94145.373.26$25,915
Apr 20177,66647.933.21$24,620
Mar 20178,22046.772.98$24,526
Feb 20177,61550.452.95$22,484
Jan 20177,86249.413.42$26,879
Dec 20168,06348.763.72$30,017
Nov 20168,12942.492.64$21,496
Oct 20167,79946.193.09$24,101
Sep 20167,90441.553.10$24,507
Aug 20168,96341.442.92$26,211
Jul 20169,19641.622.92$26,892
Jun 20167,89845.352.69$21,213
May 20166,61942.521.99$13,179
Apr 20167,32036.561.99$14,574
Mar 20168,42433.011.79$15,113
Feb 20167,95426.472.06$16,414
Jan 20167,97027.352.36$18,844
Dec 20158,46232.362.00$16,936
Nov 20157,82038.792.17$16,949
Oct 20158,54043.552.43$20,723
Sep 20157,25242.992.76$20,004
Aug 20157,95740.162.87$22,856
Jul 20157,79748.152.95$22,963
Jun 20157,54056.152.88$21,737
May 20156,93955.212.96$20,508
Apr 20157,68549.822.71$20,800
Mar 20157,97242.892.93$23,396
Feb 20157,68044.662.98$22,857
Jan 20158,63443.433.10$26,771
Dec 201411,59454.693.59$41,638
Nov 20148,00470.464.25$34,032
Oct 20148,71178.303.90$33,981
Sep 20148,31686.164.05$33,642
Aug 20148,56489.394.04$34,557
Jul 20149,03696.564.18$37,767
Jun 20148,20398.164.74$38,857
May 20149,00094.734.73$42,539
Apr 201410,02295.944.81$48,197
Mar 20149,95195.895.06$50,320
Feb 20148,95797.406.19$55,462
Jan 201410,32190.404.86$50,167
Dec 20139,78791.824.35$42,617
Nov 20138,97388.853.74$33,544
Oct 20139,65197.423.78$36,475
Sep 201310,131104.113.72$37,664
Aug 20139,713104.253.52$34,215
Jul 20139,512102.523.72$35,363
Jun 20139,37694.403.93$36,880
May 201310,07694.834.15$41,806
Apr 201310,11993.964.28$43,336
Mar 201310,41493.623.91$40,749
Feb 20139,50091.233.42$32,489
Jan 201310,67391.603.42$36,501
Dec 201210,99886.773.42$37,615
Nov 201211,06886.953.62$40,121
Oct 201210,96089.383.40$37,260
Sep 20129,77894.672.92$28,536
Aug 201210,11192.662.91$29,404
Jul 201210,20285.133.02$30,818
Jun 20129,88179.822.52$24,891
May 201210,56591.612.49$26,289
Apr 201210,412101.652.00$20,791
Mar 201211,619105.052.22$25,818
Feb 201211,205101.102.57$28,800
Jan 201211,91598.092.73$32,577
Dec 201112,28296.873.24$39,790
Nov 201112,69195.723.31$42,023
Oct 201112,80984.983.65$46,734
Sep 201110,99483.623.99$43,820
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 20119,07598.134.40$39,974
Apr 201111,324105.964.33$49,070
Mar 201111,57896.364.06$46,976
Feb 20119,51485.644.18$39,768
Jan 201111,15786.504.59$51,197
Dec 201011,31585.734.35$49,195
Nov 201010,62380.843.80$40,318
Oct 20108,87878.103.51$31,152
Sep 201012,18372.633.98$48,482
Aug 201012,69473.684.42$56,099
Jul 201012,87472.554.74$60,978
Jun 201012,54370.364.91$61,591
May 201013,49871.124.24$57,167
Apr 201013,17181.694.12$54,300
Mar 201013,77778.394.39$60,463
Feb 201013,05073.585.44$71,023
Jan 201014,60074.365.96$87,076
Dec 200914,15071.445.48$77,595
Nov 200913,81874.593.75$51,838
Oct 200914,46372.544.11$59,447
Sep 200914,14465.543.06$43,348
Aug 200914,48467.423.22$46,617
Jul 200914,78661.133.46$51,226
Jun 200914,44566.163.90$56,263
May 200915,10854.743.93$59,310
Apr 200914,75646.773.59$52,937
Mar 200912,91142.144.06$52,406
Feb 20095,53732.814.63$25,653
Jan 200916,02535.865.37$86,070
Dec 200816,23937.105.98$97,063
Nov 200815,34755.496.86$105,286
Oct 200816,02875.246.92$110,946
Sep 200814,240101.767.88$112,170
Aug 200815,051114.228.48$127,678
Jul 200816,604131.0811.39$189,110
Jun 200820,910131.3313.03$272,512
May 200822,916123.1711.57$265,236
Apr 200823,268110.3110.45$243,264
Mar 200824,377101.909.66$235,581
Feb 200823,96492.538.77$210,178
Jan 200827,32690.388.21$224,230
Dec 200729,16788.337.30$212,977
Nov 200730,11691.677.29$219,597
Oct 200732,62782.856.92$225,843
Sep 200734,83975.846.24$217,540
Aug 200740,75469.066.39$260,334
Jul 200744,32570.906.39$283,145
Jun 200744,12562.007.55$333,075
May 200753,46758.747.85$419,517

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                5,271 Mcf  × $  3.05 =    $16,055

────────────────────────────────────────────────────
Month total                                  $16,055

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/229561 is the state's own key, not one this site invented.