MAYFIELD

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 244072District 09Field 65280200GasSaveExport
Value, all time
$9.1 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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
GasProduction2,157,053 Mcf$9,147,373
Total$9,147,373

Every month this lease reported (212)

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

212 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 20232,17768.962.26$4,917
May 20231,27770.622.23$2,844
Apr 20232,38078.122.24$5,326
Mar 20232,07572.852.39$4,966
Feb 20231,54975.112.47$3,819
Jan 20233,06876.533.39$10,394
Dec 20222,42076.415.73$13,864
Nov 20223,05685.005.65$17,255
Oct 20223,20387.185.86$18,782
Sep 20223,06284.888.16$24,997
Aug 20221,99694.529.13$18,218
Jul 20222,203101.587.54$16,615
Jun 20222,556115.097.98$20,390
May 20222,057109.378.43$17,347
Apr 20223,499104.226.84$23,925
Mar 20223,729108.885.08$18,930
Feb 20223,27591.054.86$15,913
Jan 20223,31881.844.54$15,056
Dec 20214,23871.323.90$16,524
Nov 20214,14177.435.24$21,686
Oct 20214,12179.795.71$23,547
Sep 20213,78769.865.35$20,264
Aug 20213,89966.024.22$16,456
Jul 20214,16270.783.98$16,573
Jun 20214,00269.493.38$13,529
May 20214,28663.483.02$12,934
Apr 20214,31260.362.76$11,894
Mar 20213,36361.302.72$9,137
Feb 20212,68557.805.55$14,896
Jan 20214,18150.412.81$11,750
Dec 20204,69244.642.68$12,553
Nov 20204,75138.772.71$12,859
Oct 20203,81736.972.48$9,460
Sep 20203,06137.091.99$6,095
Aug 20203,61639.982.39$8,625
Jul 20204,04538.371.83$7,383
Jun 20203,83334.901.69$6,479
May 20204,20516.921.81$7,631
Apr 20203,63414.751.80$6,557
Mar 20204,48330.341.86$8,321
Feb 20204,49249.881.98$8,897
Jan 20205,10957.252.09$10,702
Dec 20194,62059.012.30$10,646
Nov 20193,86555.302.75$10,631
Oct 20195,05753.472.42$12,231
Sep 20195,27755.052.66$14,022
Aug 20195,58253.112.30$12,863
Jul 20195,57656.272.46$13,717
Jun 20195,12152.782.49$12,757
May 20195,85658.482.74$16,047
Apr 20196,48062.632.75$17,825
Mar 20194,95156.803.06$15,160
Feb 201958450.852.79$1,631
Jan 20191,27646.033.23$4,119
Dec 201819446.594.19$812
Nov 20184,06552.934.24$17,224
Oct 20185,42161.443.40$18,421
Sep 20185,13359.543.11$15,953
Aug 20185,12859.403.07$15,725
Jul 20185,52365.142.93$16,193
Jun 20186,24860.183.08$19,225
May 20186,32765.382.90$18,353
Apr 20186,55463.842.90$19,012
Mar 20182,85761.222.79$7,962
Feb 20183,97161.782.77$10,984
Jan 20187,74262.874.01$31,040
Dec 20178,52857.272.92$24,915
Nov 20176,55755.423.12$20,447
Oct 20176,83149.292.98$20,382
Sep 20177,82947.523.09$24,170
Aug 20178,38845.373.00$25,201
Jul 20178,10643.873.09$25,025
Jun 20176,35242.493.09$19,610
May 20178,75745.373.26$28,578
Apr 20178,90847.933.21$28,609
Mar 20179,60346.772.98$28,652
Feb 20178,72350.452.95$25,756
Jan 201710,10149.413.42$34,533
Dec 201610,47348.763.72$38,989
Nov 201610,21542.492.64$27,012
Oct 20169,05646.193.09$27,985
Sep 20167,51541.553.10$23,301
Aug 20162,49541.442.92$7,296
Jul 201668041.622.92$1,989
Jun 20161245.352.69$32
May 201611,71542.521.99$23,325
Apr 20166,77636.561.99$13,491
Mar 201622433.011.79$402
Feb 20166,56126.472.06$13,539
Jan 201684327.352.36$1,993
Dec 201519932.362.00$398
Nov 20154,11738.792.17$8,923
Oct 20152,32743.552.43$5,647
Sep 20151642.992.76$44
Aug 20153,26040.162.87$9,364
Jul 20151,33048.152.95$3,917
Jun 201511,87256.152.88$34,225
May 201513,87555.212.96$41,007
Apr 201514,24849.822.71$38,563
Mar 201515,62542.892.93$45,855
Feb 201515,06644.662.98$44,839
Jan 201516,96243.433.10$52,593
Dec 201417,18154.693.59$61,703
Nov 201417,08470.464.25$72,638
Oct 201417,95878.303.90$70,053
Sep 201417,66886.164.05$71,475
Aug 201418,37489.394.04$74,141
Jul 201418,77796.564.18$78,480
Jun 201419,20698.164.74$90,977
May 201420,64494.734.73$97,575
Apr 201419,94595.944.81$95,918
Mar 201420,99095.895.06$106,142
Feb 201418,09497.406.19$112,038
Jan 201415,69390.404.86$76,279
Dec 201315,27491.824.35$66,510
Nov 201315,73488.853.74$58,818
Oct 201316,52497.423.78$62,450
Sep 201316,817104.113.72$62,521
Aug 201313,518104.253.52$47,619
Jul 20134,814102.523.72$17,897
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 20126,37685.133.02$19,261
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 201213101.102.57$33
Jan 20121,37998.092.73$3,770
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 20117,18184.983.65$26,200
Sep 2011083.623.99$0
Aug 20115,15983.404.15$21,406
Jul 20118,11294.144.52$36,644
Jun 20118,65092.904.64$40,135
May 20111,56498.134.40$6,889
Apr 201117,422105.964.33$75,494
Mar 20118,35496.364.06$33,895
Feb 201114,92885.644.18$62,399
Jan 201123,38986.504.59$107,327
Dec 201025,10685.734.35$109,155
Nov 201028,06080.843.80$106,497
Oct 201028,91878.103.51$101,470
Sep 201029,69872.633.98$118,182
Aug 201031,11573.684.42$137,508
Jul 201030,99872.554.74$146,822
Jun 201031,34870.364.91$153,931
May 201033,78071.124.24$143,066
Apr 201033,60281.694.12$138,531
Mar 201035,73578.394.39$156,829
Feb 201034,06673.585.44$185,399
Jan 201037,77974.365.96$225,317
Dec 200940,95771.445.48$224,598
Nov 200941,16974.593.75$154,446
Oct 200944,90072.544.11$184,550
Sep 200944,75565.543.06$137,163
Aug 200949,23567.423.22$158,463
Jul 200950,37061.133.46$174,507
Jun 200951,05766.163.90$198,867
May 200955,43354.743.93$217,616
Apr 200955,61146.773.59$199,504
Mar 200961,33642.144.06$248,963
Feb 200961,48432.814.63$284,855
Jan 200973,57535.865.37$395,171
Dec 200875,78937.105.98$453,001
Nov 200880,44155.496.86$551,854
Oct 200862,54675.246.92$432,942

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.

Jun 2023 — as filed, then multipliedworked
Gas                2,177 Mcf  × $  2.26 =     $4,917

────────────────────────────────────────────────────
Month total                                   $4,917

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/244072 is the state's own key, not one this site invented.