MCNEELY

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 240145District 09Field 65280200GasSaveExport
Value, all time
$9.6 M
Jun 2008 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
216
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
GasProduction2,232,945 Mcf$9,584,714
Total$9,584,714

Every month this lease reported (216)

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

216 months

May 20264,898106.413.05$14,919
Apr 20264,70298.932.87$13,493
Mar 20264,95589.753.15$15,605
Feb 20264,51063.503.75$16,914
Jan 20265,05659.138.00$40,437
Dec 20255,10556.664.41$22,530
Nov 20254,90958.593.93$19,275
Oct 20255,00759.383.30$16,547
Sep 20254,73862.743.08$14,578
Aug 20254,86363.933.01$14,661
Jul 20254,89766.743.32$16,235
Jun 20254,76066.483.13$14,893
May 20254,89960.553.23$15,835
Apr 20254,74662.363.54$16,816
Mar 20254,90167.704.27$20,919
Feb 20254,43470.884.34$19,247
Jan 20254,95774.324.28$21,209
Dec 20245,03468.993.12$15,713
Nov 20244,76369.052.20$10,471
Oct 20245,08071.372.28$11,590
Sep 20245,05669.612.36$11,954
Aug 20245,26475.632.06$10,863
Jul 20245,26279.932.15$11,295
Jun 20245,23878.082.63$13,797
May 20245,42178.812.20$11,918
Apr 20245,13084.451.66$8,512
Mar 20245,33480.301.55$8,242
Feb 20245,14576.091.78$9,177
Jan 20245,38073.023.30$17,741
Dec 20235,24171.262.61$13,683
Nov 20235,17177.892.81$14,518
Oct 20235,43785.443.09$16,786
Sep 20235,01289.042.74$13,708
Aug 20235,27580.522.67$14,099
Jul 20235,50374.852.64$14,538
Jun 20235,53968.962.26$12,510
May 20235,81870.622.23$12,959
Apr 20235,67378.122.24$12,695
Mar 20235,91372.852.39$14,151
Feb 20235,25375.112.47$12,952
Jan 20235,89676.533.39$19,974
Dec 20226,20376.415.73$35,537
Nov 20226,01885.005.65$33,979
Oct 20226,11287.185.86$35,839
Sep 20225,88884.888.16$48,068
Aug 20226,03694.529.13$55,092
Jul 20226,150101.587.54$46,384
Jun 20226,038115.097.98$48,166
May 20226,358109.378.43$53,617
Apr 20226,032104.226.84$41,244
Mar 20226,160108.885.08$31,271
Feb 20225,58091.054.86$27,112
Jan 20226,25581.844.54$28,383
Dec 20216,25571.323.90$24,389
Nov 20216,10477.435.24$31,966
Oct 20216,25679.795.71$35,746
Sep 20216,04269.865.35$32,330
Aug 20216,05966.024.22$25,573
Jul 20216,09570.783.98$24,271
Jun 20215,90169.493.38$19,949
May 20216,42363.483.02$19,382
Apr 20216,27860.362.76$17,317
Mar 20216,33661.302.72$17,215
Feb 20216,25357.805.55$34,691
Jan 20216,69750.412.81$18,820
Dec 20206,73044.642.68$18,006
Nov 20206,42738.772.71$17,395
Oct 20206,57236.972.48$16,288
Sep 20206,79237.091.99$13,523
Aug 20205,42439.982.39$12,937
Jul 20206,80038.371.83$12,411
Jun 20206,64634.901.69$11,234
May 20207,00216.921.81$12,707
Apr 20206,83414.751.80$12,331
Mar 20207,11730.341.86$13,211
Feb 20206,95249.881.98$13,770
Jan 20207,38557.252.09$15,470
Dec 20196,36059.012.30$14,656
Nov 20196,90555.302.75$18,994
Oct 20196,79153.472.42$16,424
Sep 20196,93155.052.66$18,418
Aug 20197,38153.112.30$17,008
Jul 20197,35156.272.46$18,084
Jun 20197,14852.782.49$17,807
May 20197,52558.482.74$20,621
Apr 20197,50962.632.75$20,655
Mar 20197,72456.803.06$23,652
Feb 20196,98050.852.79$19,490
Jan 20198,00846.033.23$25,851
Dec 20187,40146.594.19$30,976
Nov 20187,19852.934.24$30,500
Oct 20187,04561.443.40$23,939
Sep 20186,90659.543.11$21,464
Aug 20187,19459.403.07$22,061
Jul 20187,31765.142.93$21,453
Jun 20187,04960.183.08$21,689
May 20187,29965.382.90$21,173
Apr 20186,98263.842.90$20,253
Mar 20187,28261.222.79$20,294
Feb 20186,04561.782.77$16,721
Jan 20187,46562.874.01$29,930
Dec 20178,22157.272.92$24,018
Nov 20177,98455.423.12$24,897
Oct 20178,43249.292.98$25,158
Sep 20178,09547.523.09$24,992
Aug 20178,45545.373.00$25,402
Jul 20178,82343.873.09$27,239
Jun 20178,72342.493.09$26,930
May 20176,85545.373.26$22,371
Apr 20178,29247.933.21$26,631
Mar 20179,15946.772.98$27,328
Feb 20178,51250.452.95$25,133
Jan 20179,43549.413.42$32,256
Dec 20169,53048.763.72$35,479
Nov 20169,46642.492.64$25,031
Oct 201610,22846.193.09$31,607
Sep 201610,24941.553.10$31,778
Aug 201611,05141.442.92$32,317
Jul 201610,84841.622.92$31,723
Jun 201611,60645.352.69$31,172
May 201611,13642.521.99$22,172
Apr 20169,86436.561.99$19,640
Mar 20169,64733.011.79$17,307
Feb 20167,90326.472.06$16,309
Jan 20167,54627.352.36$17,841
Dec 20157,70632.362.00$15,423
Nov 20157,49238.792.17$16,238
Oct 20157,71543.552.43$18,721
Sep 20157,24642.992.76$19,988
Aug 20157,63440.162.87$21,929
Jul 20158,22248.152.95$24,214
Jun 20157,73556.152.88$22,299
May 20157,85255.212.96$23,206
Apr 20157,65549.822.71$20,719
Mar 20157,86342.892.93$23,076
Feb 20157,39144.662.98$21,997
Jan 20158,31743.433.10$25,788
Dec 20148,33354.693.59$29,927
Nov 20148,19870.464.25$34,857
Oct 20148,66378.303.90$33,794
Sep 20148,52286.164.05$34,475
Aug 20148,76789.394.04$35,376
Jul 20148,82296.564.18$36,872
Jun 20148,68098.164.74$41,116
May 20149,11594.734.73$43,083
Apr 20148,87395.944.81$42,671
Mar 20149,17895.895.06$46,411
Feb 20148,48597.406.19$52,539
Jan 20149,76890.404.86$47,480
Dec 201310,10291.824.35$43,989
Nov 20139,77288.853.74$36,530
Oct 201310,65897.423.78$40,280
Sep 201310,282104.113.72$38,226
Aug 201310,791104.253.52$38,012
Jul 201310,254102.523.72$38,122
Jun 201310,06994.403.93$39,606
May 201310,65594.834.15$44,208
Apr 201310,25793.964.28$43,927
Mar 201310,10593.623.91$39,540
Feb 20138,95191.233.42$30,612
Jan 20139,68591.603.42$33,122
Dec 201210,28186.773.42$35,163
Nov 20129,56286.953.62$34,662
Oct 20129,98589.383.40$33,946
Sep 201210,65994.672.92$31,107
Aug 201211,48492.662.91$33,397
Jul 201211,77785.133.02$35,576
Jun 201211,59279.822.52$29,201
May 201211,96891.612.49$29,780
Apr 201211,647101.652.00$23,257
Mar 201212,338105.052.22$27,416
Feb 201211,582101.102.57$29,769
Jan 201212,49698.092.73$34,165
Dec 201112,74696.873.24$41,294
Nov 201112,42695.723.31$41,146
Oct 201112,72484.983.65$46,424
Sep 201112,33483.623.99$49,161
Aug 201112,74083.404.15$52,862
Jul 201113,03194.144.52$58,864
Jun 201112,86292.904.64$59,678
May 201113,61698.134.40$59,976
Apr 201113,296105.964.33$57,615
Mar 201114,21396.364.06$57,667
Feb 201113,24485.644.18$55,360
Jan 201114,67986.504.59$67,359
Dec 201014,64685.734.35$63,677
Nov 201014,31180.843.80$54,315
Oct 201015,14078.103.51$53,125
Sep 201014,93772.633.98$59,441
Aug 201015,93373.684.42$70,414
Jul 201016,45272.554.74$77,925
Jun 201016,07370.364.91$78,925
May 201016,91071.124.24$71,618
Apr 201016,60381.694.12$68,449
Mar 201017,27578.394.39$75,814
Feb 201014,63473.585.44$79,644
Jan 201018,92774.365.96$112,882
Dec 200920,42971.445.48$112,028
Nov 200921,07474.593.75$79,059
Oct 200922,71772.544.11$93,373
Sep 200921,63165.543.06$66,294
Aug 200923,08267.423.22$74,289
Jul 200924,73961.133.46$85,708
Jun 200925,20766.163.90$98,181
May 200927,33054.743.93$107,291
Apr 200927,84046.773.59$99,876
Mar 200929,12442.144.06$118,214
Feb 200927,70132.814.63$128,339
Jan 200931,82535.865.37$170,932
Dec 200834,66937.105.98$207,221
Nov 200836,11855.496.86$247,782
Oct 200842,13475.246.92$291,651
Sep 200845,027101.767.88$354,682
Aug 200852,764114.228.48$447,598
Jul 200865,157131.0811.39$742,101
Jun 200819,200131.3313.03$250,227

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                4,898 Mcf  × $  3.05 =    $14,919

────────────────────────────────────────────────────
Month total                                  $14,919

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/240145 is the state's own key, not one this site invented.