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 229652District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
Jun 2007 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
228
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
GasProduction1,581,504 Mcf$7,866,457
Total$7,866,457

Every month this lease reported (228)

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

228 months

May 2026284106.413.05$865
Apr 202623598.932.87$674
Mar 202669289.753.15$2,179
Feb 202671763.503.75$2,689
Jan 202664759.138.00$5,175
Dec 202594256.664.41$4,157
Nov 20251,04758.593.93$4,111
Oct 20251,16659.383.30$3,853
Sep 20251,12162.743.08$3,449
Aug 202588263.933.01$2,659
Jul 202531866.743.32$1,054
Jun 202577166.483.13$2,412
May 20251,27560.553.23$4,121
Apr 20251,24662.363.54$4,415
Mar 20251,28667.704.27$5,489
Feb 20251,41870.884.34$6,155
Jan 202589574.324.28$3,829
Dec 20241,49368.993.12$4,660
Nov 20241,62569.052.20$3,572
Oct 20241,85371.372.28$4,227
Sep 20242,04769.612.36$4,840
Aug 20241,22275.632.06$2,522
Jul 202482279.932.15$1,765
Jun 20242,53378.082.63$6,672
May 20243,48778.812.20$7,666
Apr 20242,83484.451.66$4,702
Mar 20242,27080.301.55$3,507
Feb 20242,59676.091.78$4,630
Jan 20242,78873.023.30$9,194
Dec 20233,61071.262.61$9,425
Nov 20233,67777.892.81$10,323
Oct 20234,02285.443.09$12,417
Sep 20234,60589.042.74$12,595
Aug 20233,65080.522.67$9,756
Jul 20234,23474.852.64$11,185
Jun 20233,20668.962.26$7,241
May 20233,64070.622.23$8,108
Apr 20233,57578.122.24$8,000
Mar 20233,62872.852.39$8,682
Feb 20233,22375.112.47$7,947
Jan 20233,67876.533.39$12,460
Dec 20223,80176.415.73$21,776
Nov 20223,66085.005.65$20,665
Oct 20223,77587.185.86$22,136
Sep 20225,01184.888.16$40,908
Aug 20222,58994.529.13$23,630
Jul 20222,754101.587.54$20,771
Jun 20222,105115.097.98$16,792
May 20222,904109.378.43$24,490
Apr 20223,201104.226.84$21,887
Mar 20222,987108.885.08$15,163
Feb 20222,42491.054.86$11,778
Jan 20223,38881.844.54$15,374
Dec 20212,69771.323.90$10,516
Nov 20211,89477.435.24$9,919
Oct 20212,46579.795.71$14,085
Sep 20212,78569.865.35$14,902
Aug 20213,25266.024.22$13,725
Jul 20212,72570.783.98$10,851
Jun 20213,19069.493.38$10,784
May 20212,56163.483.02$7,728
Apr 20213,84860.362.76$10,614
Mar 20213,78761.302.72$10,289
Feb 20211,81257.805.55$10,053
Jan 20213,95550.412.81$11,115
Dec 20204,15544.642.68$11,117
Nov 20204,14838.772.71$11,227
Oct 20204,16836.972.48$10,330
Sep 20204,16037.091.99$8,283
Aug 20203,16439.982.39$7,546
Jul 20204,39438.371.83$8,020
Jun 20204,53134.901.69$7,659
May 20204,50916.921.81$8,183
Apr 20204,88414.751.80$8,813
Mar 20204,75630.341.86$8,828
Feb 20203,85449.881.98$7,634
Jan 20203,51557.252.09$7,363
Dec 20193,72759.012.30$8,588
Nov 20194,02855.302.75$11,080
Oct 20194,73553.472.42$11,452
Sep 20194,79255.052.66$12,734
Aug 20194,60253.112.30$10,605
Jul 20193,61356.272.46$8,888
Jun 20193,17452.782.49$7,907
May 20194,78158.482.74$13,101
Apr 20194,41962.632.75$12,155
Mar 20195,19756.803.06$15,914
Feb 20194,62050.852.79$12,900
Jan 20194,73546.033.23$15,285
Dec 20185,03646.594.19$21,078
Nov 20184,35552.934.24$18,453
Oct 20184,57361.443.40$15,539
Sep 20185,07359.543.11$15,767
Aug 20185,24359.403.07$16,078
Jul 20184,89865.142.93$14,360
Jun 20184,62060.183.08$14,215
May 20185,48565.382.90$15,911
Apr 20185,44963.842.90$15,806
Mar 20186,08661.222.79$16,961
Feb 20185,87261.782.77$16,243
Jan 20186,84362.874.01$27,436
Dec 20176,73457.272.92$19,674
Nov 20176,43755.423.12$20,073
Oct 20176,64049.292.98$19,812
Sep 20176,70947.523.09$20,713
Aug 20174,44645.373.00$13,358
Jul 20172,17843.873.09$6,724
Jun 20176,15742.493.09$19,008
May 20176,74145.373.26$21,999
Apr 20176,24447.933.21$20,053
Mar 20175,65846.772.98$16,882
Feb 20175,62250.452.95$16,600
Jan 20176,26649.413.42$21,422
Dec 20165,31748.763.72$19,794
Nov 20166,46442.492.64$17,093
Oct 20164,61346.193.09$14,255
Sep 20166,51541.553.10$20,201
Aug 20166,80141.442.92$19,888
Jul 20166,82641.622.92$19,962
Jun 20166,78145.352.69$18,213
May 20167,19042.521.99$14,316
Apr 20161,68536.561.99$3,355
Mar 20161,29933.011.79$2,330
Feb 20163,13126.472.06$6,461
Jan 20167,37927.352.36$17,447
Dec 20157,56832.362.00$15,147
Nov 20156,35638.792.17$13,776
Oct 20157,54043.552.43$18,296
Sep 20155,16542.992.76$14,247
Aug 20155,77540.162.87$16,589
Jul 20154,47648.152.95$13,182
Jun 20153,47156.152.88$10,006
May 20152,48155.212.96$7,332
Apr 20151,78249.822.71$4,823
Mar 20153,49542.892.93$10,257
Feb 20153,65244.662.98$10,869
Jan 20155,00443.433.10$15,516
Dec 20143,88854.693.59$13,963
Nov 20144,49370.464.25$19,104
Oct 20144,21478.303.90$16,439
Sep 20144,62686.164.05$18,714
Aug 20143,66689.394.04$14,793
Jul 20145,50596.564.18$23,009
Jun 20146,03398.164.74$28,578
May 20145,66894.734.73$26,790
Apr 20145,98495.944.81$28,778
Mar 20145,46195.895.06$27,615
Feb 20145,22297.406.19$32,335
Jan 20143,38890.404.86$16,468
Dec 20132,92391.824.35$12,728
Nov 20132,92988.853.74$10,949
Oct 20131,17097.423.78$4,422
Sep 20133,768104.113.72$14,008
Aug 20134,637104.253.52$16,334
Jul 20133,156102.523.72$11,733
Jun 20134,07294.403.93$16,017
May 20134,81494.834.15$19,974
Apr 20135,81393.964.28$24,895
Mar 20136,26993.623.91$24,530
Feb 20135,60391.233.42$19,162
Jan 20135,39891.603.42$18,461
Dec 20126,27586.773.42$21,462
Nov 20124,66286.953.62$16,900
Oct 20124,42689.383.40$15,047
Sep 20124,80294.672.92$14,014
Aug 20124,42592.662.91$12,869
Jul 20124,01685.133.02$12,132
Jun 20124,29279.822.52$10,812
May 20122,45891.612.49$6,116
Apr 20126,578101.652.00$13,135
Mar 20127,231105.052.22$16,068
Feb 20127,793101.102.57$20,030
Jan 201231898.092.73$869
Dec 20114,31196.873.24$13,967
Nov 20116,24295.723.31$20,669
Oct 201147784.983.65$1,740
Sep 201182383.623.99$3,280
Aug 20114,62883.404.15$19,203
Jul 20117,98394.144.52$36,061
Jun 20118,30292.904.64$38,520
May 20117,49698.134.40$33,019
Apr 20118,150105.964.33$35,316
Mar 20111,19296.364.06$4,836
Feb 201198085.644.18$4,096
Jan 20112,24186.504.59$10,283
Dec 201021,72885.734.35$94,468
Nov 201018,15980.843.80$68,919
Oct 201011,63078.103.51$40,808
Sep 201010,95072.633.98$43,575
Aug 201012,06873.684.42$53,333
Jul 201012,34572.554.74$58,472
Jun 201012,81170.364.91$62,907
May 201015,48771.124.24$65,591
Apr 201010,19181.694.12$42,014
Mar 20103,23178.394.39$14,180
Feb 201012,80673.585.44$69,695
Jan 201013,75374.365.96$82,024
Dec 200914,89171.445.48$81,659
Nov 200914,57574.593.75$54,678
Oct 200915,41272.544.11$63,347
Sep 200915,24865.543.06$46,731
Aug 200915,29267.423.22$49,217
Jul 200916,58561.133.46$57,459
Jun 200916,86766.163.90$65,697
May 200917,73354.743.93$69,615
Apr 200918,02946.773.59$64,679
Mar 200916,44342.144.06$66,742
Feb 200915,23032.814.63$70,561
Jan 200918,03935.865.37$96,887
Dec 200818,15437.105.98$108,509
Nov 200818,28355.496.86$125,428
Oct 200819,15575.246.92$132,591
Sep 200818,818101.767.88$148,231
Aug 200817,082114.228.48$144,907
Jul 200818,474131.0811.39$210,408
Jun 200819,587131.3313.03$255,270
May 200821,009123.1711.57$243,164
Apr 200821,494110.3110.45$224,717
Mar 200821,697101.909.66$209,681
Feb 200814,76092.538.77$129,454
Jan 200830,85690.388.21$253,196
Dec 200732,80988.337.30$239,570
Nov 200733,63691.677.29$245,264
Oct 200736,60882.856.92$253,400
Sep 200739,43875.846.24$246,257
Aug 200745,78369.066.39$292,459
Jul 200755,07670.906.39$351,822
Jun 200714,85962.007.55$112,162

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                  284 Mcf  × $  3.05 =       $865

────────────────────────────────────────────────────
Month total                                     $865

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/229652 is the state's own key, not one this site invented.