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 231608District 09Field 65280200GasSaveExport
Value, all time
$8.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$110 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
GasProduction1,736,206 Mcf$8,708,752
Total$8,708,752

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 20262,309106.413.05$7,033
Apr 20262,26698.932.87$6,503
Mar 20262,39389.753.15$7,537
Feb 20262,21063.503.75$8,288
Jan 20262,46459.138.00$19,707
Dec 20252,52956.664.41$11,161
Nov 20252,34358.593.93$9,200
Oct 20252,55159.383.30$8,431
Sep 20252,50162.743.08$7,695
Aug 20252,60463.933.01$7,850
Jul 20252,57466.743.32$8,533
Jun 20252,50666.483.13$7,841
May 20252,47160.553.23$7,987
Apr 20252,45162.363.54$8,684
Mar 20252,63967.704.27$11,264
Feb 20252,34670.884.34$10,184
Jan 20252,62374.324.28$11,223
Dec 20242,73968.993.12$8,549
Nov 20242,48869.052.20$5,470
Oct 20242,81771.372.28$6,427
Sep 20242,76469.612.36$6,535
Aug 20242,85275.632.06$5,885
Jul 20242,61479.932.15$5,611
Jun 20242,35478.082.63$6,200
May 20242,33578.812.20$5,133
Apr 20242,59784.451.66$4,309
Mar 20242,69880.301.55$4,169
Feb 20242,61176.091.78$4,657
Jan 20242,85973.023.30$9,428
Dec 20232,91571.262.61$7,610
Nov 20232,84677.892.81$7,990
Oct 20232,87785.443.09$8,882
Sep 20232,81489.042.74$7,696
Aug 20232,45280.522.67$6,554
Jul 20232,37674.852.64$6,277
Jun 20232,52568.962.26$5,703
May 20232,55770.622.23$5,695
Apr 20232,67178.122.24$5,977
Mar 20232,77872.852.39$6,648
Feb 20232,55675.112.47$6,302
Jan 20232,80876.533.39$9,513
Dec 20222,96476.415.73$16,981
Nov 20222,85485.005.65$16,114
Oct 20222,94487.185.86$17,263
Sep 20222,91684.888.16$23,805
Aug 20223,03994.529.13$27,737
Jul 20223,029101.587.54$22,845
Jun 20222,906115.097.98$23,182
May 20223,106109.378.43$26,193
Apr 20222,852104.226.84$19,501
Mar 20223,157108.885.08$16,026
Feb 20222,77991.054.86$13,503
Jan 20223,09481.844.54$14,040
Dec 20213,12171.323.90$12,169
Nov 20212,99077.435.24$15,658
Oct 20213,26079.795.71$18,627
Sep 20213,36769.865.35$18,017
Aug 20213,52666.024.22$14,882
Jul 20213,51570.783.98$13,997
Jun 20213,43169.493.38$11,599
May 20213,58863.483.02$10,827
Apr 20213,59860.362.76$9,925
Mar 20213,71961.302.72$10,104
Feb 20213,34357.805.55$18,547
Jan 20213,69550.412.81$10,384
Dec 20203,72344.642.68$9,961
Nov 20203,52738.772.71$9,546
Oct 20203,44636.972.48$8,541
Sep 20202,95537.091.99$5,884
Aug 20203,06039.982.39$7,298
Jul 20203,61638.371.83$6,600
Jun 20203,60934.901.69$6,100
May 20203,34116.921.81$6,063
Apr 20202,32214.751.80$4,190
Mar 20201,29830.341.86$2,409
Feb 20201,58849.881.98$3,145
Jan 20201,97357.252.09$4,133
Dec 20193,81959.012.30$8,800
Nov 20193,68455.302.75$10,134
Oct 201996353.472.42$2,329
Sep 201956555.052.66$1,501
Aug 201976653.112.30$1,765
Jul 20191,01456.272.46$2,495
Jun 201996352.782.49$2,399
May 20191,24358.482.74$3,406
Apr 20191,68262.632.75$4,627
Mar 20191,97256.803.06$6,038
Feb 20192,33950.852.79$6,531
Jan 20192,81246.033.23$9,078
Dec 20183,15446.594.19$13,201
Nov 20183,09852.934.24$13,127
Oct 20183,67261.443.40$12,478
Sep 20183,59459.543.11$11,170
Aug 20183,56559.403.07$10,932
Jul 20183,74465.142.93$10,977
Jun 20183,66360.183.08$11,271
May 20183,85165.382.90$11,171
Apr 20183,86763.842.90$11,217
Mar 20183,99561.222.79$11,133
Feb 20183,61661.782.77$10,002
Jan 20183,92862.874.01$15,749
Dec 20174,27657.272.92$12,492
Nov 20173,88055.423.12$12,099
Oct 20174,34049.292.98$12,949
Sep 20174,61747.523.09$14,254
Aug 20175,25945.373.00$15,800
Jul 20175,45343.873.09$16,835
Jun 20175,40042.493.09$16,671
May 20175,91545.373.26$19,303
Apr 20175,56447.933.21$17,869
Mar 20175,55646.772.98$16,577
Feb 20175,02150.452.95$14,825
Jan 20175,78749.413.42$19,785
Dec 20165,70548.763.72$21,239
Nov 20165,76642.492.64$15,247
Oct 20165,87246.193.09$18,146
Sep 20164,83341.553.10$14,985
Aug 20164,63241.442.92$13,546
Jul 20165,66441.622.92$16,563
Jun 20165,10145.352.69$13,700
May 20165,10342.521.99$10,160
Apr 20165,03236.561.99$10,019
Mar 20164,84833.011.79$8,697
Feb 20164,54026.472.06$9,369
Jan 20164,92527.352.36$11,644
Dec 20154,94432.362.00$9,895
Nov 20154,83238.792.17$10,473
Oct 20155,05243.552.43$12,259
Sep 20155,13342.992.76$14,159
Aug 20155,22840.162.87$15,017
Jul 20155,33648.152.95$15,715
Jun 20155,29756.152.88$15,271
May 20155,94355.212.96$17,564
Apr 20155,60149.822.71$15,160
Mar 20155,78942.892.93$16,989
Feb 20155,37544.662.98$15,997
Jan 20155,62143.433.10$17,429
Dec 20146,13754.693.59$22,040
Nov 20145,67670.464.25$24,133
Oct 20145,84178.303.90$22,786
Sep 20145,62386.164.05$22,748
Aug 20145,75089.394.04$23,202
Jul 20144,88296.564.18$20,405
Jun 20145,81998.164.74$27,564
May 20146,10294.734.73$28,841
Apr 20145,99895.944.81$28,845
Mar 20146,24195.895.06$31,559
Feb 20145,63997.406.19$34,917
Jan 20146,45190.404.86$31,357
Dec 20138,01291.824.35$34,888
Nov 20136,10188.853.74$22,807
Oct 20136,36397.423.78$24,048
Sep 20136,429104.113.72$23,901
Aug 20136,840104.253.52$24,095
Jul 20135,624102.523.72$20,909
Jun 20135,64794.403.93$22,212
May 20136,91794.834.15$28,699
Apr 20136,95493.964.28$29,781
Mar 20137,25493.623.91$28,384
Feb 20136,66391.233.42$22,787
Jan 20137,58591.603.42$25,940
Dec 20127,93886.773.42$27,149
Nov 20126,46486.953.62$23,432
Oct 20126,90189.383.40$23,461
Sep 20126,60694.672.92$19,279
Aug 20126,41892.662.91$18,665
Jul 20127,35385.133.02$22,212
Jun 20126,76579.822.52$17,041
May 20127,33491.612.49$18,249
Apr 20127,779101.652.00$15,533
Mar 20128,022105.052.22$17,826
Feb 20127,176101.102.57$18,444
Jan 20128,44298.092.73$23,081
Dec 20118,64396.873.24$28,001
Nov 20118,21595.723.31$27,202
Oct 20118,93984.983.65$32,614
Sep 20118,74983.623.99$34,872
Aug 20118,73883.404.15$36,257
Jul 20119,18694.144.52$41,495
Jun 20119,16592.904.64$42,525
May 20119,84998.134.40$43,383
Apr 20119,875105.964.33$42,791
Mar 201110,52196.364.06$42,687
Feb 201110,21485.644.18$42,694
Jan 201111,16986.504.59$51,252
Dec 201010,29485.734.35$44,756
Nov 201010,72580.843.80$40,705
Oct 201011,05478.103.51$38,787
Sep 201011,88572.633.98$47,296
Aug 201010,55373.684.42$46,638
Jul 201011,63172.554.74$55,090
Jun 201012,59270.364.91$61,832
May 201012,92571.124.24$54,740
Apr 201012,58381.694.12$51,876
Mar 201013,88878.394.39$60,950
Feb 201012,21973.585.44$66,500
Jan 201012,47874.365.96$74,420
Dec 200914,87371.445.48$81,560
Nov 200915,44274.593.75$57,931
Oct 200916,48272.544.11$67,745
Sep 200916,28865.543.06$49,919
Aug 200917,83567.423.22$57,402
Jul 200918,41161.133.46$63,785
Jun 200917,81766.163.90$69,397
May 200919,13454.743.93$75,115
Apr 200916,18346.773.59$58,057
Mar 200916,55842.144.06$67,209
Feb 200913,46432.814.63$62,379
Jan 200915,25235.865.37$81,918
Dec 200815,09337.105.98$90,213
Nov 200811,30255.496.86$77,536
Oct 200810,84875.246.92$75,090
Sep 200812,345101.767.88$97,243
Aug 200810,051114.228.48$85,263
Jul 200813,563131.0811.39$154,475
Jun 200820,984131.3313.03$273,477
May 200814,149123.1711.57$163,765
Apr 200831,542110.3110.45$329,767
Mar 20080101.909.66$0
Feb 200831,88892.538.77$279,676
Jan 200837,36590.388.21$306,607
Dec 200739,11588.337.30$285,617
Nov 200744,77591.677.29$326,486
Oct 200752,21482.856.92$361,424
Sep 200757,83975.846.24$361,156
Aug 200773,22869.066.39$467,776
Jul 200757,19070.906.39$365,326
Jun 200741,39762.007.55$312,483

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                2,309 Mcf  × $  3.05 =     $7,033

────────────────────────────────────────────────────
Month total                                   $7,033

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/231608 is the state's own key, not one this site invented.