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 234614District 09Field 65280200GasSaveExport
Value, all time
$9.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$115 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
GasProduction1,837,596 Mcf$9,404,025
Total$9,404,025

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 20262,490106.413.05$7,584
Apr 20262,46998.932.87$7,085
Mar 20262,61089.753.15$8,220
Feb 20262,26363.503.75$8,487
Jan 20262,55259.138.00$20,411
Dec 20252,67056.664.41$11,784
Nov 20252,42158.593.93$9,506
Oct 20252,66859.383.30$8,817
Sep 20252,54162.743.08$7,818
Aug 20252,76263.933.01$8,327
Jul 20252,65166.743.32$8,789
Jun 20252,59066.483.13$8,103
May 20252,64160.553.23$8,537
Apr 20252,38062.363.54$8,433
Mar 20252,85967.704.27$12,203
Feb 20252,48270.884.34$10,774
Jan 20252,84974.324.28$12,190
Dec 20242,98968.993.12$9,330
Nov 20242,75769.052.20$6,061
Oct 20242,78571.372.28$6,354
Sep 20242,85469.612.36$6,748
Aug 20242,86575.632.06$5,912
Jul 20242,84279.932.15$6,101
Jun 20242,05078.082.63$5,400
May 20241,62778.812.20$3,577
Apr 20241,47684.451.66$2,449
Mar 20241,49980.301.55$2,316
Feb 20241,45976.091.78$2,602
Jan 20241,34673.023.30$4,439
Dec 20231,60871.262.61$4,198
Nov 20231,54577.892.81$4,338
Oct 20231,75785.443.09$5,424
Sep 20231,94989.042.74$5,331
Aug 20232,01180.522.67$5,375
Jul 20232,01574.852.64$5,323
Jun 20231,93168.962.26$4,361
May 20232,25270.622.23$5,016
Apr 20232,30278.122.24$5,151
Mar 20232,32872.852.39$5,571
Feb 20232,10375.112.47$5,185
Jan 20232,31276.533.39$7,832
Dec 20222,27276.415.73$13,016
Nov 20222,13385.005.65$12,043
Oct 20221,82787.185.86$10,713
Sep 20221,88284.888.16$15,364
Aug 20222,21994.529.13$20,253
Jul 20222,632101.587.54$19,851
Jun 20223,064115.097.98$24,442
May 20223,050109.378.43$25,721
Apr 20222,618104.226.84$17,901
Mar 20222,513108.885.08$12,757
Feb 20222,14391.054.86$10,412
Jan 20222,40681.844.54$10,918
Dec 20212,75271.323.90$10,730
Nov 20212,99477.435.24$15,679
Oct 20213,15879.795.71$18,044
Sep 20213,07869.865.35$16,470
Aug 20213,15566.024.22$13,316
Jul 20213,12370.783.98$12,436
Jun 20212,99669.493.38$10,128
May 20212,96463.483.02$8,944
Apr 20213,12360.362.76$8,615
Mar 20213,14861.302.72$8,553
Feb 20212,39757.805.55$13,298
Jan 20212,66950.412.81$7,501
Dec 20202,70944.642.68$7,248
Nov 20202,50638.772.71$6,783
Oct 20202,53136.972.48$6,273
Sep 20202,17037.091.99$4,321
Aug 20202,84839.982.39$6,793
Jul 20203,11838.371.83$5,691
Jun 20203,01534.901.69$5,096
May 20202,99816.921.81$5,441
Apr 20202,68414.751.80$4,843
Mar 20202,38430.341.86$4,425
Feb 20202,14949.881.98$4,256
Jan 20202,26557.252.09$4,745
Dec 20192,43159.012.30$5,602
Nov 20192,48255.302.75$6,827
Oct 20192,87853.472.42$6,961
Sep 20192,78655.052.66$7,403
Aug 20193,17853.112.30$7,323
Jul 20192,74356.272.46$6,748
Jun 20192,81852.782.49$7,020
May 20192,77758.482.74$7,610
Apr 20193,08662.632.75$8,489
Mar 20192,80756.803.06$8,595
Feb 20192,48650.852.79$6,941
Jan 20192,68446.033.23$8,664
Dec 20182,98246.594.19$12,481
Nov 20182,16552.934.24$9,174
Oct 20181,74361.443.40$5,923
Sep 20181,91559.543.11$5,952
Aug 20181,87659.403.07$5,753
Jul 20181,89165.142.93$5,544
Jun 20181,79460.183.08$5,520
May 20181,90065.382.90$5,512
Apr 20181,87763.842.90$5,445
Mar 20181,93961.222.79$5,404
Feb 20181,77461.782.77$4,907
Jan 20181,97062.874.01$7,898
Dec 20172,00157.272.92$5,846
Nov 20171,94355.423.12$6,059
Oct 20172,03649.292.98$6,075
Sep 20171,85947.523.09$5,739
Aug 20171,70545.373.00$5,123
Jul 20171,82643.873.09$5,637
Jun 20171,98842.493.09$6,138
May 20172,00945.373.26$6,556
Apr 20172,36047.933.21$7,579
Mar 20172,88846.772.98$8,617
Feb 20172,99850.452.95$8,852
Jan 20174,03649.413.42$13,798
Dec 20164,23448.763.72$15,762
Nov 20161,90742.492.64$5,043
Oct 20162,58246.193.09$7,979
Sep 20163,21741.553.10$9,975
Aug 20164,23841.442.92$12,393
Jul 20164,85341.622.92$14,192
Jun 20165,26645.352.69$14,144
May 20165,31942.521.99$10,590
Apr 20165,56436.561.99$11,078
Mar 20164,99033.011.79$8,952
Feb 20164,60626.472.06$9,505
Jan 20164,99327.352.36$11,805
Dec 20155,07332.362.00$10,153
Nov 20155,03138.792.17$10,904
Oct 20155,29843.552.43$12,856
Sep 20155,10942.992.76$14,093
Aug 20155,24940.162.87$15,078
Jul 20155,17148.152.95$15,229
Jun 20156,44556.152.88$18,580
May 20155,99355.212.96$17,712
Apr 20155,61349.822.71$15,192
Mar 20155,88442.892.93$17,268
Feb 20155,35644.662.98$15,940
Jan 20156,20343.433.10$19,233
Dec 20146,34154.693.59$22,773
Nov 20146,07470.464.25$25,826
Oct 20146,34778.303.90$24,759
Sep 20146,23886.164.05$25,235
Aug 20146,50389.394.04$26,240
Jul 20146,67496.564.18$27,895
Jun 20146,58398.164.74$31,183
May 20146,75194.734.73$31,909
Apr 20146,26995.944.81$30,148
Mar 20146,34395.895.06$32,075
Feb 20145,89397.406.19$36,489
Jan 20146,90290.404.86$33,549
Dec 20137,10891.824.35$30,952
Nov 20136,87088.853.74$25,682
Oct 20137,21697.423.78$27,272
Sep 20136,879104.113.72$25,574
Aug 20137,328104.253.52$25,814
Jul 20137,735102.523.72$28,757
Jun 20137,66394.403.93$30,142
May 20137,92794.834.15$32,890
Apr 20137,56093.964.28$32,376
Mar 20137,81893.623.91$30,591
Feb 20137,33191.233.42$25,071
Jan 20138,20491.603.42$28,057
Dec 20127,82486.773.42$26,759
Nov 20127,01786.953.62$25,436
Oct 20127,21389.383.40$24,522
Sep 20127,07294.672.92$20,639
Aug 20127,02192.662.91$20,418
Jul 20127,81285.133.02$23,598
Jun 20126,97179.822.52$17,560
May 20127,55591.612.49$18,799
Apr 20128,322101.652.00$16,617
Mar 20128,708105.052.22$19,350
Feb 20128,023101.102.57$20,621
Jan 20128,83498.092.73$24,153
Dec 20118,79396.873.24$28,487
Nov 20118,18895.723.31$27,113
Oct 20119,12584.983.65$33,293
Sep 20119,27683.623.99$36,972
Aug 20119,87983.404.15$40,991
Jul 201110,47894.144.52$47,332
Jun 20119,08092.904.64$42,130
May 20119,59298.134.40$42,251
Apr 20119,912105.964.33$42,951
Mar 20119,62196.364.06$39,036
Feb 20119,28385.644.18$38,803
Jan 201110,61286.504.59$48,696
Dec 201010,91885.734.35$47,469
Nov 201010,97180.843.80$41,639
Oct 201012,32778.103.51$43,254
Sep 201012,50472.633.98$49,759
Aug 201014,83473.684.42$65,557
Jul 201016,22872.554.74$76,864
Jun 201017,40270.364.91$85,451
May 201015,72471.124.24$66,595
Apr 201013,15381.694.12$54,226
Mar 201013,51778.394.39$59,322
Feb 201013,25773.585.44$72,149
Jan 20107,35074.365.96$43,836
Dec 200911,80271.445.48$64,719
Nov 200916,07174.593.75$60,290
Oct 200914,36472.544.11$59,040
Sep 200910,08365.543.06$30,902
Aug 20099,36967.423.22$30,154
Jul 200918,25561.133.46$63,244
Jun 200917,34966.163.90$67,574
May 200917,76654.743.93$69,745
Apr 200917,30246.773.59$62,071
Mar 200920,48142.144.06$83,132
Feb 200920,03332.814.63$92,813
Jan 200923,22735.865.37$124,752
Dec 200824,43637.105.98$146,057
Nov 200825,40955.496.86$174,315
Oct 200826,21575.246.92$181,460
Sep 200823,568101.767.88$185,647
Aug 200817,039114.228.48$144,542
Jul 200821,365131.0811.39$243,335
Jun 20084,846131.3313.03$63,156
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20084,743101.909.66$45,837
Feb 200848,21792.538.77$422,891
Jan 200855,31290.388.21$453,875
Dec 200758,04688.337.30$423,850
Nov 200763,94891.677.29$466,290
Oct 200773,41282.856.92$508,156
Sep 200779,16275.846.24$494,300
Aug 200797,64569.066.39$623,750
Jul 200767,16570.906.39$429,046
Jun 200726,93562.007.55$203,318

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                2,490 Mcf  × $  3.05 =     $7,584

────────────────────────────────────────────────────
Month total                                   $7,584

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/234614 is the state's own key, not one this site invented.