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 229654District 09Field 65280200GasSaveExport
Value, all time
$11.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$168 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
GasProduction2,402,066 Mcf$11,828,467
Total$11,828,467

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 20262,786106.413.05$8,486
Apr 20262,93798.932.87$8,428
Mar 20263,27289.753.15$10,305
Feb 20263,45363.503.75$12,950
Jan 20263,80759.138.00$30,448
Dec 20253,90456.664.41$17,230
Nov 20253,73558.593.93$14,665
Oct 20254,04759.383.30$13,375
Sep 20253,96062.743.08$12,185
Aug 20254,25963.933.01$12,840
Jul 20254,26066.743.32$14,123
Jun 20254,17566.483.13$13,062
May 20254,23260.553.23$13,679
Apr 20254,15462.363.54$14,718
Mar 20254,57267.704.27$19,515
Feb 20254,16670.884.34$18,084
Jan 20254,72574.324.28$20,217
Dec 20244,86368.993.12$15,179
Nov 20244,66469.052.20$10,254
Oct 20244,85271.372.28$11,069
Sep 20244,61169.612.36$10,902
Aug 20244,66575.632.06$9,627
Jul 20244,52779.932.15$9,718
Jun 20243,85578.082.63$10,154
May 20243,73378.812.20$8,207
Apr 20243,69784.451.66$6,134
Mar 20243,84880.301.55$5,946
Feb 20243,53776.091.78$6,309
Jan 20243,94473.023.30$13,006
Dec 20233,53471.262.61$9,226
Nov 20233,73077.892.81$10,472
Oct 20233,86685.443.09$11,935
Sep 20233,37389.042.74$9,225
Aug 20233,58280.522.67$9,574
Jul 20233,64474.852.64$9,627
Jun 20233,51768.962.26$7,943
May 20232,82970.622.23$6,301
Apr 20232,22878.122.24$4,986
Mar 20232,28872.852.39$5,476
Feb 20231,97575.112.47$4,870
Jan 20232,01476.533.39$6,823
Dec 20222,15976.415.73$12,369
Nov 20222,11285.005.65$11,925
Oct 20222,66687.185.86$15,633
Sep 20222,64884.888.16$21,617
Aug 20222,99394.529.13$27,318
Jul 20222,995101.587.54$22,589
Jun 20222,962115.097.98$23,628
May 20223,637109.378.43$30,671
Apr 20223,282104.226.84$22,441
Mar 20223,568108.885.08$18,113
Feb 20223,26091.054.86$15,840
Jan 20223,86881.844.54$17,552
Dec 20214,40871.323.90$17,187
Nov 20214,86077.435.24$25,451
Oct 20215,51779.795.71$31,523
Sep 20215,82569.865.35$31,169
Aug 20216,27566.024.22$26,484
Jul 20216,50370.783.98$25,895
Jun 20215,27269.493.38$17,823
May 20215,20663.483.02$15,710
Apr 20214,36660.362.76$12,043
Mar 20214,37661.302.72$11,889
Feb 20213,57757.805.55$19,845
Jan 20213,25350.412.81$9,142
Dec 20203,01944.642.68$8,077
Nov 20203,09738.772.71$8,382
Oct 20203,20636.972.48$7,946
Sep 20204,82437.091.99$9,605
Aug 20204,08639.982.39$9,746
Jul 20204,17038.371.83$7,611
Jun 20203,98434.901.69$6,734
May 20203,89416.921.81$7,067
Apr 20203,73314.751.80$6,736
Mar 20204,16630.341.86$7,733
Feb 20204,58849.881.98$9,087
Jan 20205,14357.252.09$10,773
Dec 20195,09959.012.30$11,750
Nov 20197,36355.302.75$20,253
Oct 20197,13753.472.42$17,261
Sep 20194,71955.052.66$12,540
Aug 20194,79053.112.30$11,038
Jul 20194,49256.272.46$11,051
Jun 20194,09852.782.49$10,209
May 20194,25458.482.74$11,657
Apr 20194,19962.632.75$11,550
Mar 20194,36356.803.06$13,360
Feb 20194,01650.852.79$11,214
Jan 20194,37146.033.23$14,110
Dec 20184,47246.594.19$18,717
Nov 20184,08652.934.24$17,313
Oct 20184,64061.443.40$15,767
Sep 20184,51559.543.11$14,033
Aug 20184,74559.403.07$14,551
Jul 20185,06065.142.93$14,835
Jun 20184,93260.183.08$15,175
May 20185,09565.382.90$14,780
Apr 20184,52063.842.90$13,112
Mar 20184,77761.222.79$13,313
Feb 20184,28761.782.77$11,858
Jan 20184,68462.874.01$18,780
Dec 20175,04557.272.92$14,739
Nov 20174,99055.423.12$15,561
Oct 20175,30149.292.98$15,816
Sep 20175,16047.523.09$15,930
Aug 20175,89545.373.00$17,711
Jul 20175,90443.873.09$18,227
Jun 20175,98542.493.09$18,477
May 20175,99045.373.26$19,548
Apr 20175,80647.933.21$18,647
Mar 20176,31846.772.98$18,851
Feb 20175,69250.452.95$16,806
Jan 20176,25649.413.42$21,388
Dec 20166,31848.763.72$23,521
Nov 20166,53742.492.64$17,286
Oct 20166,49146.193.09$20,059
Sep 20166,39941.553.10$19,841
Aug 20166,76141.442.92$19,771
Jul 20166,82341.622.92$19,953
Jun 20166,46445.352.69$17,361
May 20166,19042.521.99$12,325
Apr 20165,48336.561.99$10,917
Mar 20165,23933.011.79$9,399
Feb 20165,03426.472.06$10,388
Jan 20165,47227.352.36$12,938
Dec 20155,45032.362.00$10,908
Nov 20155,26238.792.17$11,404
Oct 20155,23443.552.43$12,701
Sep 20155,61942.992.76$15,500
Aug 20155,95440.162.87$17,103
Jul 20156,08348.152.95$17,915
Jun 20156,13256.152.88$17,678
May 20157,02755.212.96$20,768
Apr 20156,79649.822.71$18,394
Mar 20157,01342.892.93$20,581
Feb 20156,38144.662.98$18,991
Jan 20156,96843.433.10$21,605
Dec 20146,72854.693.59$24,163
Nov 20146,63470.464.25$28,207
Oct 20147,07078.303.90$27,580
Sep 20146,74786.164.05$27,295
Aug 20147,27689.394.04$29,360
Jul 20147,19196.564.18$30,056
Jun 20146,86598.164.74$32,519
May 20147,18294.734.73$33,946
Apr 20147,01395.944.81$33,726
Mar 20148,29395.895.06$41,936
Feb 20147,55797.406.19$46,793
Jan 20148,09990.404.86$39,367
Dec 20138,77991.824.35$38,228
Nov 20138,85088.853.74$33,084
Oct 20139,39897.423.78$35,518
Sep 20138,839104.113.72$32,861
Aug 20139,123104.253.52$32,137
Jul 20139,114102.523.72$33,883
Jun 20138,44894.403.93$33,229
May 20139,40594.834.15$39,022
Apr 20139,17893.964.28$39,306
Mar 20139,99493.623.91$39,105
Feb 20139,19691.233.42$31,449
Jan 20139,90991.603.42$33,888
Dec 20128,57286.773.42$29,318
Nov 20126,67686.953.62$24,200
Oct 20128,72889.383.40$29,672
Sep 20127,49494.672.92$21,870
Aug 20128,07492.662.91$23,480
Jul 20128,27285.133.02$24,988
Jun 20128,18079.822.52$20,606
May 20129,05391.612.49$22,527
Apr 20129,687101.652.00$19,343
Mar 20129,924105.052.22$22,052
Feb 20129,435101.102.57$24,250
Jan 201210,89398.092.73$29,782
Dec 20119,82796.873.24$31,837
Nov 20119,71095.723.31$32,153
Oct 201110,98384.983.65$40,072
Sep 201111,34483.623.99$45,215
Aug 201112,10583.404.15$50,228
Jul 201112,60294.144.52$56,926
Jun 201112,49192.904.64$57,957
May 201112,77298.134.40$56,258
Apr 201112,927105.964.33$56,016
Mar 201113,71496.364.06$55,642
Feb 201112,77285.644.18$53,387
Jan 201114,05186.504.59$64,477
Dec 201013,97485.734.35$60,755
Nov 201013,19380.843.80$50,072
Oct 201014,06978.103.51$49,367
Sep 201015,17972.633.98$60,404
Aug 201015,83373.684.42$69,972
Jul 201016,56372.554.74$78,450
Jun 201016,12370.364.91$79,170
May 201017,63071.124.24$74,667
Apr 201015,32381.694.12$63,172
Mar 201016,93278.394.39$74,309
Feb 201017,13773.585.44$93,266
Jan 201020,16374.365.96$120,254
Dec 200921,05371.445.48$115,449
Nov 200920,87874.593.75$78,324
Oct 200922,06472.544.11$90,689
Sep 200921,36665.543.06$65,481
Aug 200924,33467.423.22$78,319
Jul 200924,50961.133.46$84,911
Jun 200925,28866.163.90$98,497
May 200927,52454.743.93$108,052
Apr 200926,73946.773.59$95,926
Mar 200930,05642.144.06$121,997
Feb 200927,52332.814.63$127,514
Jan 200932,31235.865.37$173,548
Dec 200833,60537.105.98$200,862
Nov 200832,53055.496.86$223,168
Oct 200825,10875.246.92$173,797
Sep 200815,797101.767.88$124,434
Aug 20085,410114.228.48$45,893
Jul 2008578131.0811.39$6,583
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 200840,388110.3110.45$422,251
Mar 20080101.909.66$0
Feb 200858,01392.538.77$508,808
Jan 200868,84990.388.21$564,956
Dec 200770,53088.337.30$515,008
Nov 200776,89791.677.29$560,710
Oct 200791,35882.856.92$632,378
Sep 2007103,52675.846.24$646,433
Aug 2007139,99469.066.39$894,273
Jul 200727,20570.906.39$173,784
Jun 200741,83562.007.55$315,789

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                2,786 Mcf  × $  3.05 =     $8,486

────────────────────────────────────────────────────
Month total                                   $8,486

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/229654 is the state's own key, not one this site invented.