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 234591District 09Field 65280200GasSaveExport
Value, all time
$14.1 M
Feb 2007 – May 2026
Value, last 12 filed months
$236 k
at the published price for each month
Months reported
232
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
GasProduction2,888,988 Mcf$14,077,956
Total$14,077,956

Every month this lease reported (232)

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

232 months

May 20265,094106.413.05$15,516
Apr 20265,05698.932.87$14,509
Mar 20265,14889.753.15$16,213
Feb 20264,76263.503.75$17,859
Jan 20265,29259.138.00$42,325
Dec 20255,32156.664.41$23,483
Nov 20255,15658.593.93$20,245
Oct 20255,35859.383.30$17,707
Sep 20255,18662.743.08$15,957
Aug 20255,48663.933.01$16,539
Jul 20255,57266.743.32$18,472
Jun 20255,34666.483.13$16,726
May 20255,43160.553.23$17,555
Apr 20255,34062.363.54$18,920
Mar 20255,66467.704.27$24,176
Feb 20255,11570.884.34$22,203
Jan 20255,69274.324.28$24,354
Dec 20245,85668.993.12$18,279
Nov 20245,65369.052.20$12,428
Oct 20245,90671.372.28$13,474
Sep 20245,74369.612.36$13,579
Aug 20245,97875.632.06$12,336
Jul 20245,94779.932.15$12,766
Jun 20245,76478.082.63$15,182
May 20245,97478.812.20$13,133
Apr 20245,63784.451.66$9,353
Mar 20245,93880.301.55$9,175
Feb 20245,78876.091.78$10,324
Jan 20245,91473.023.30$19,502
Dec 20236,51271.262.61$17,001
Nov 20236,40177.892.81$17,971
Oct 20236,37885.443.09$19,691
Sep 20236,34289.042.74$17,346
Aug 20236,79080.522.67$18,149
Jul 20236,71374.852.64$17,734
Jun 20236,25168.962.26$14,118
May 20235,83170.622.23$12,988
Apr 20235,75978.122.24$12,887
Mar 20236,08472.852.39$14,560
Feb 20235,90675.112.47$14,562
Jan 20236,35476.533.39$21,526
Dec 20226,16776.415.73$35,331
Nov 20224,33585.005.65$24,476
Oct 20225,37987.185.86$31,541
Sep 20225,77384.888.16$47,129
Aug 20226,93894.529.13$63,324
Jul 20226,386101.587.54$48,164
Jun 20226,044115.097.98$48,214
May 20226,071109.378.43$51,197
Apr 20224,863104.226.84$33,251
Mar 20225,590108.885.08$28,377
Feb 20225,35391.054.86$26,009
Jan 20226,63181.844.54$30,089
Dec 20216,66171.323.90$25,972
Nov 20216,47477.435.24$33,903
Oct 20217,98279.795.71$45,608
Sep 20217,11869.865.35$38,088
Aug 20216,45166.024.22$27,227
Jul 20217,24070.783.98$28,830
Jun 20217,34669.493.38$24,834
May 20217,32663.483.02$22,107
Apr 20217,07160.362.76$19,505
Mar 20217,89361.302.72$21,445
Feb 20217,24857.805.55$40,212
Jan 20217,53850.412.81$21,184
Dec 20207,21244.642.68$19,295
Nov 20207,67938.772.71$20,784
Oct 20208,11436.972.48$20,110
Sep 20208,46737.091.99$16,858
Aug 20208,57339.982.39$20,447
Jul 20209,13338.371.83$16,669
Jun 20208,53734.901.69$14,430
May 20208,49416.921.81$15,414
Apr 20207,82314.751.80$14,116
Mar 20208,41730.341.86$15,624
Feb 20207,96149.881.98$15,768
Jan 20207,93757.252.09$16,626
Dec 20198,43759.012.30$19,442
Nov 20198,62555.302.75$23,725
Oct 20198,86453.472.42$21,438
Sep 20198,23955.052.66$21,893
Aug 20194,92753.112.30$11,354
Jul 20198,07756.272.46$19,870
Jun 20198,33552.782.49$20,764
May 20198,43358.482.74$23,109
Apr 20198,11262.632.75$22,314
Mar 20199,24656.803.06$28,312
Feb 20197,97950.852.79$22,279
Jan 20198,59046.033.23$27,730
Dec 20188,98246.594.19$37,594
Nov 20187,94252.934.24$33,652
Oct 20188,33361.443.40$28,316
Sep 20188,23159.543.11$25,582
Aug 20188,49059.403.07$26,035
Jul 20188,76265.142.93$25,689
Jun 20188,74260.183.08$26,898
May 20189,16665.382.90$26,589
Apr 20188,54763.842.90$24,793
Mar 20189,27761.222.79$25,854
Feb 20188,18661.782.77$22,643
Jan 20189,14862.874.01$36,677
Dec 20179,24757.272.92$27,015
Nov 20179,70355.423.12$30,257
Oct 201710,25249.292.98$30,589
Sep 20179,07047.523.09$28,002
Aug 201711,22845.373.00$33,733
Jul 20178,56343.873.09$26,436
Jun 20178,38942.493.09$25,899
May 20178,42345.373.26$27,488
Apr 20177,48647.933.21$24,042
Mar 20178,20446.772.98$24,478
Feb 20177,69050.452.95$22,705
Jan 20177,82949.413.42$26,766
Dec 20168,18848.763.72$30,483
Nov 20168,99442.492.64$23,783
Oct 20168,25146.193.09$25,498
Sep 20168,03841.553.10$24,923
Aug 20168,31841.442.92$24,325
Jul 20168,73141.622.92$25,532
Jun 20168,68745.352.69$23,332
May 20168,46142.521.99$16,846
Apr 20168,16136.561.99$16,249
Mar 20167,75133.011.79$13,905
Feb 20167,19626.472.06$14,850
Jan 20168,03827.352.36$19,005
Dec 20157,92132.362.00$15,853
Nov 20157,94238.792.17$17,213
Oct 20158,00143.552.43$19,415
Sep 20157,71042.992.76$21,267
Aug 20158,05440.162.87$23,135
Jul 20158,18448.152.95$24,103
Jun 20157,98456.152.88$23,017
May 20158,23655.212.96$24,341
Apr 20158,35049.822.71$22,600
Mar 20158,75642.892.93$25,696
Feb 20158,31744.662.98$24,753
Jan 20159,06043.433.10$28,092
Dec 20148,94954.693.59$32,139
Nov 20148,88270.464.25$37,765
Oct 20149,40478.303.90$36,685
Sep 20149,25386.164.05$37,432
Aug 20149,58889.394.04$38,689
Jul 20149,51796.564.18$39,777
Jun 20148,98298.164.74$42,547
May 20149,34294.734.73$44,156
Apr 20149,00595.944.81$43,306
Mar 20149,43895.895.06$47,726
Feb 20148,86797.406.19$54,904
Jan 20149,96190.404.86$48,418
Dec 201310,18891.824.35$44,363
Nov 20139,79088.853.74$36,598
Oct 201310,38997.423.78$39,264
Sep 201310,107104.113.72$37,575
Aug 201310,857104.253.52$38,245
Jul 201310,985102.523.72$40,839
Jun 201310,71394.403.93$42,139
May 201311,51894.834.15$47,789
Apr 201311,32193.964.28$48,483
Mar 201311,04093.623.91$43,198
Feb 201310,62891.233.42$36,347
Jan 201312,11391.603.42$41,425
Dec 201211,72586.773.42$40,101
Nov 20129,86286.953.62$35,749
Oct 201210,55489.383.40$35,880
Sep 20129,60494.672.92$28,028
Aug 201210,56492.662.91$30,722
Jul 201211,62085.133.02$35,102
Jun 201210,71479.822.52$26,989
May 201211,20291.612.49$27,874
Apr 201211,794101.652.00$23,550
Mar 201212,305105.052.22$27,343
Feb 201211,466101.102.57$29,470
Jan 201212,69298.092.73$34,701
Dec 201112,58696.873.24$40,775
Nov 201111,50095.723.31$38,080
Oct 201112,66784.983.65$46,216
Sep 201112,06383.623.99$48,081
Aug 201113,12083.404.15$54,439
Jul 201113,96594.144.52$63,083
Jun 201113,07992.904.64$60,685
May 201114,41098.134.40$63,473
Apr 201113,713105.964.33$59,422
Mar 201114,68596.364.06$59,582
Feb 201113,22685.644.18$55,284
Jan 201114,74986.504.59$67,680
Dec 201015,64285.734.35$68,008
Nov 201015,03180.843.80$57,048
Oct 201015,45778.103.51$54,237
Sep 201013,30272.633.98$52,935
Aug 201014,13773.684.42$62,476
Jul 201012,00472.554.74$56,857
Jun 201012,11970.364.91$59,509
May 201012,53271.124.24$53,076
Apr 201013,35781.694.12$55,067
Mar 201014,28078.394.39$62,670
Feb 201012,79473.585.44$69,630
Jan 201019,27074.365.96$114,928
Dec 200920,30671.445.48$111,353
Nov 200921,42774.593.75$80,383
Oct 200926,88772.544.11$110,512
Sep 200921,09465.543.06$64,648
Aug 200922,77167.423.22$73,288
Jul 200924,03961.133.46$83,283
Jun 200925,21766.163.90$98,220
May 200926,00354.743.93$102,081
Apr 200925,86446.773.59$92,787
Mar 200928,31642.144.06$114,935
Feb 200925,57332.814.63$118,480
Jan 200929,29535.865.37$157,343
Dec 200830,25737.105.98$180,850
Nov 200832,11955.496.86$220,348
Oct 200835,57675.246.92$246,256
Sep 200834,585101.767.88$272,429
Aug 200839,339114.228.48$333,714
Jul 200841,089131.0811.39$467,980
Jun 200832,923131.3313.03$429,073
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 20087,67792.538.77$67,332
Jan 200833,90790.388.21$278,232
Dec 200734,55288.337.30$252,298
Nov 200738,38791.677.29$279,906
Oct 200744,08682.856.92$305,162
Sep 200742,98275.846.24$268,386
Aug 200750,23069.066.39$320,866
Jul 200753,68870.906.39$342,956
Jun 200757,35062.007.55$432,904
May 200764,91058.747.85$509,302
Apr 200773,25059.617.81$571,731
Mar 200795,89856.927.30$700,244
Feb 200750,01855.108.22$410,948

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                5,094 Mcf  × $  3.05 =    $15,516

────────────────────────────────────────────────────
Month total                                  $15,516

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/234591 is the state's own key, not one this site invented.