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 240303District 09Field 65280200GasSaveExport
Value, all time
$5.7 M
May 2008 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
217
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
GasProduction1,226,502 Mcf$5,652,266
Total$5,652,266

Every month this lease reported (217)

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

217 months

May 20262,527106.413.05$7,697
Apr 20262,31698.932.87$6,646
Mar 20262,34289.753.15$7,376
Feb 20262,15163.503.75$8,067
Jan 20262,38359.138.00$19,059
Dec 20252,43656.664.41$10,751
Nov 20252,21358.593.93$8,689
Oct 20252,32459.383.30$7,680
Sep 20252,22262.743.08$6,837
Aug 20252,27163.933.01$6,847
Jul 20252,30566.743.32$7,642
Jun 20252,22266.483.13$6,952
May 20252,26160.553.23$7,308
Apr 20252,18962.363.54$7,756
Mar 20252,33967.704.27$9,984
Feb 20252,07370.884.34$8,999
Jan 20252,30574.324.28$9,862
Dec 20242,22168.993.12$6,933
Nov 20242,43469.052.20$5,351
Oct 20242,79371.372.28$6,372
Sep 20242,62269.612.36$6,199
Aug 20242,81675.632.06$5,811
Jul 20242,82379.932.15$6,060
Jun 20242,62678.082.63$6,917
May 20242,56678.812.20$5,641
Apr 20242,17884.451.66$3,614
Mar 20242,43080.301.55$3,755
Feb 20242,75176.091.78$4,907
Jan 20242,43573.023.30$8,030
Dec 20232,97671.262.61$7,770
Nov 20233,06677.892.81$8,608
Oct 20233,08985.443.09$9,537
Sep 20232,67689.042.74$7,319
Aug 20232,64080.522.67$7,056
Jul 20232,63674.852.64$6,964
Jun 20232,36868.962.26$5,348
May 20232,56670.622.23$5,716
Apr 20232,61278.122.24$5,845
Mar 20232,53772.852.39$6,071
Feb 20232,61675.112.47$6,450
Jan 20232,94976.533.39$9,990
Dec 20223,02576.415.73$17,330
Nov 20222,85485.005.65$16,114
Oct 20222,87587.185.86$16,858
Sep 20223,04984.888.16$24,891
Aug 20222,95094.529.13$26,925
Jul 20222,785101.587.54$21,005
Jun 20222,330115.097.98$18,587
May 20222,410109.378.43$20,324
Apr 20222,276104.226.84$15,562
Mar 20222,614108.885.08$13,270
Feb 20222,57191.054.86$12,492
Jan 20222,92981.844.54$13,291
Dec 20212,92171.323.90$11,389
Nov 20212,74477.435.24$14,370
Oct 20212,76579.795.71$15,799
Sep 20212,82169.865.35$15,095
Aug 20212,85666.024.22$12,054
Jul 20213,05470.783.98$12,161
Jun 20213,02569.493.38$10,226
May 20213,15863.483.02$9,530
Apr 20213,08260.362.76$8,501
Mar 20213,23661.302.72$8,792
Feb 20213,16357.805.55$17,548
Jan 20213,19550.412.81$8,979
Dec 20203,10044.642.68$8,294
Nov 20203,03938.772.71$8,225
Oct 20203,27536.972.48$8,117
Sep 20203,23437.091.99$6,439
Aug 20203,44539.982.39$8,217
Jul 20203,56338.371.83$6,503
Jun 20203,42534.901.69$5,789
May 20203,67016.921.81$6,660
Apr 20203,48214.751.80$6,283
Mar 20203,36730.341.86$6,250
Feb 20202,99649.881.98$5,934
Jan 20203,04757.252.09$6,383
Dec 20193,18059.012.30$7,328
Nov 20193,23255.302.75$8,890
Oct 20193,48053.472.42$8,417
Sep 20193,06855.052.66$8,153
Aug 20193,21653.112.30$7,411
Jul 20193,17456.272.46$7,808
Jun 20193,18652.782.49$7,937
May 20193,35258.482.74$9,186
Apr 20193,18162.632.75$8,750
Mar 20193,30556.803.06$10,120
Feb 20193,22450.852.79$9,002
Jan 20193,28546.033.23$10,605
Dec 20183,36646.594.19$14,088
Nov 20183,39352.934.24$14,377
Oct 20183,51361.443.40$11,937
Sep 20183,58559.543.11$11,142
Aug 20183,83159.403.07$11,748
Jul 20183,90865.142.93$11,458
Jun 20183,63260.183.08$11,175
May 20183,78965.382.90$10,991
Apr 20183,48863.842.90$10,118
Mar 20183,65761.222.79$10,191
Feb 20183,30861.782.77$9,150
Jan 20183,44662.874.01$13,816
Dec 20173,25757.272.92$9,515
Nov 20174,00255.423.12$12,480
Oct 20174,58449.292.98$13,677
Sep 20174,47047.523.09$13,800
Aug 20174,41045.373.00$13,249
Jul 20174,57543.873.09$14,124
Jun 20174,70942.493.09$14,538
May 20174,81345.373.26$15,707
Apr 20174,69547.933.21$15,078
Mar 20174,93246.772.98$14,716
Feb 20174,62650.452.95$13,659
Jan 20174,69249.413.42$16,041
Dec 20164,57148.763.72$17,017
Nov 20164,68242.492.64$12,381
Oct 20164,91146.193.09$15,176
Sep 20164,92241.553.10$15,261
Aug 20164,86041.442.92$14,212
Jul 20164,90841.622.92$14,353
Jun 20164,80345.352.69$12,900
May 20164,93242.521.99$9,820
Apr 20164,97236.561.99$9,899
Mar 20164,71133.011.79$8,452
Feb 20164,37126.472.06$9,020
Jan 20164,62227.352.36$10,928
Dec 20154,63332.362.00$9,273
Nov 20154,73438.792.17$10,260
Oct 20153,86743.552.43$9,384
Sep 20153,45942.992.76$9,541
Aug 20152,41040.162.87$6,923
Jul 20155,04348.152.95$14,852
Jun 20157,58656.152.88$21,869
May 20156,26855.212.96$18,525
Apr 20155,11849.822.71$13,852
Mar 20155,09542.892.93$14,952
Feb 20154,78644.662.98$14,244
Jan 20155,24143.433.10$16,250
Dec 20145,19854.693.59$18,668
Nov 20145,42670.464.25$23,070
Oct 20145,15378.303.90$20,102
Sep 20144,90486.164.05$19,839
Aug 20145,24289.394.04$21,152
Jul 20146,32596.564.18$26,436
Jun 20145,99898.164.74$28,412
May 20145,89694.734.73$27,868
Apr 20145,42795.944.81$26,099
Mar 20146,05195.895.06$30,599
Feb 20145,04897.406.19$31,257
Jan 20145,85290.404.86$28,445
Dec 20136,17091.824.35$26,867
Nov 20135,95288.853.74$22,250
Oct 20136,44097.423.78$24,339
Sep 20135,993104.113.72$22,280
Aug 20136,789104.253.52$23,915
Jul 20134,700102.523.72$17,473
Jun 20134,80894.403.93$18,912
May 20136,44994.834.15$26,757
Apr 20135,69393.964.28$24,381
Mar 20136,48593.623.91$25,375
Feb 20135,63891.233.42$19,281
Jan 20136,97791.603.42$23,861
Dec 20126,38386.773.42$21,831
Nov 2012086.953.62$0
Oct 20126,37289.383.40$21,663
Sep 20126,04794.672.92$17,648
Aug 20126,03092.662.91$17,536
Jul 20126,60985.133.02$19,964
Jun 20126,23879.822.52$15,714
May 20126,33591.612.49$15,764
Apr 20126,684101.652.00$13,347
Mar 20126,868105.052.22$15,261
Feb 20126,683101.102.57$17,177
Jan 20127,27798.092.73$19,896
Dec 20117,81996.873.24$25,332
Nov 20116,92595.723.31$22,931
Oct 20117,72384.983.65$28,178
Sep 20117,73183.623.99$30,814
Aug 20117,76683.404.15$32,224
Jul 20117,79694.144.52$35,216
Jun 20117,56692.904.64$35,105
May 20118,05498.134.40$35,476
Apr 20118,086105.964.33$35,039
Mar 20118,03796.364.06$32,609
Feb 20118,29985.644.18$34,690
Jan 20117,16086.504.59$32,856
Dec 20109,00685.734.35$39,156
Nov 20108,37780.843.80$31,793
Oct 20108,04278.103.51$28,218
Sep 20108,08372.633.98$32,166
Aug 20109,50473.684.42$42,002
Jul 20109,61372.554.74$45,532
Jun 20109,43470.364.91$46,325
May 201010,02871.124.24$42,471
Apr 20109,77081.694.12$40,279
Mar 201011,50378.394.39$50,483
Feb 20109,37573.585.44$51,022
Jan 201012,21474.365.96$72,845
Dec 200912,15971.445.48$66,677
Nov 200912,78574.593.75$47,963
Oct 20098,81972.544.11$36,248
Sep 20098,67265.543.06$26,578
Aug 200910,61567.423.22$34,164
Jul 200911,65761.133.46$40,386
Jun 200911,62666.163.90$45,283
May 200913,11954.743.93$51,502
Apr 200913,73746.773.59$49,281
Mar 200914,72142.144.06$59,753
Feb 200913,67532.814.63$63,356
Jan 200916,05335.865.37$86,221
Dec 200817,24537.105.98$103,076
Nov 200819,13855.496.86$131,294
Oct 200821,26075.246.92$147,161
Sep 200822,247101.767.88$175,242
Aug 200826,709114.228.48$226,573
Jul 200830,490131.0811.39$347,264
Jun 200835,581131.3313.03$463,714
May 200826,438123.1711.57$306,001

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                2,527 Mcf  × $  3.05 =     $7,697

────────────────────────────────────────────────────
Month total                                   $7,697

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/240303 is the state's own key, not one this site invented.