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 246831District 09Field 65280200GasSaveExport
Value, all time
$8.3 M
Jun 2008 – May 2026
Value, last 12 filed months
$186 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
GasProduction1,991,313 Mcf$8,266,389
Total$8,266,389

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 20264,063106.413.05$12,375
Apr 20263,95498.932.87$11,347
Mar 20264,00789.753.15$12,620
Feb 20263,70163.503.75$13,880
Jan 20264,21759.138.00$33,727
Dec 20254,18556.664.41$18,470
Nov 20254,08958.593.93$16,055
Oct 20254,28359.383.30$14,155
Sep 20254,12162.743.08$12,680
Aug 20254,38063.933.01$13,205
Jul 20254,23566.743.32$14,040
Jun 20254,21766.483.13$13,194
May 20254,24560.553.23$13,721
Apr 20254,07562.363.54$14,438
Mar 20254,37867.704.27$18,687
Feb 20254,00270.884.34$17,372
Jan 20254,35074.324.28$18,612
Dec 20244,35068.993.12$13,578
Nov 20244,15369.052.20$9,130
Oct 20244,75671.372.28$10,850
Sep 20244,69769.612.36$11,105
Aug 20244,92875.632.06$10,170
Jul 20245,05279.932.15$10,845
Jun 20244,68978.082.63$12,351
May 20244,86378.812.20$10,691
Apr 20244,85084.451.66$8,047
Mar 20245,16480.301.55$7,979
Feb 20244,83076.091.78$8,615
Jan 20245,27073.023.30$17,379
Dec 20235,10271.262.61$13,320
Nov 20235,23777.892.81$14,703
Oct 20235,16485.443.09$15,943
Sep 20235,25889.042.74$14,381
Aug 20235,76780.522.67$15,415
Jul 20235,77174.852.64$15,246
Jun 20235,32368.962.26$12,022
May 20234,28870.622.23$9,551
Apr 20234,74478.122.24$10,616
Mar 20234,95372.852.39$11,853
Feb 20234,64075.112.47$11,441
Jan 20235,35876.533.39$18,151
Dec 20225,01976.415.73$28,754
Nov 20225,41085.005.65$30,546
Oct 20225,56587.185.86$32,632
Sep 20225,48284.888.16$44,753
Aug 20225,62694.529.13$51,349
Jul 20225,505101.587.54$41,519
Jun 20225,271115.097.98$42,048
May 20225,598109.378.43$47,208
Apr 20225,431104.226.84$37,135
Mar 20225,883108.885.08$29,864
Feb 20225,23391.054.86$25,426
Jan 20225,90081.844.54$26,772
Dec 20215,68171.323.90$22,151
Nov 20215,50277.435.24$28,813
Oct 20215,48379.795.71$31,329
Sep 20215,05969.865.35$27,070
Aug 20215,00366.024.22$21,116
Jul 20215,24570.783.98$20,886
Jun 20215,16869.493.38$17,471
May 20215,69063.483.02$17,171
Apr 20215,07160.362.76$13,988
Mar 20215,64461.302.72$15,334
Feb 20214,77857.805.55$26,508
Jan 20216,32850.412.81$17,783
Dec 20206,16044.642.68$16,481
Nov 20206,05238.772.71$16,380
Oct 20206,16636.972.48$15,282
Sep 20206,18337.091.99$12,311
Aug 20206,62839.982.39$15,808
Jul 20206,42438.371.83$11,725
Jun 20206,42734.901.69$10,864
May 20207,08116.921.81$12,850
Apr 20206,95514.751.80$12,549
Mar 20208,16130.341.86$15,149
Feb 20207,83849.881.98$15,524
Jan 20207,51157.252.09$15,734
Dec 20196,58459.012.30$15,172
Nov 20197,15655.302.75$19,684
Oct 20198,78153.472.42$21,237
Sep 20198,60255.052.66$22,858
Aug 20198,39753.112.30$19,350
Jul 20197,91956.272.46$19,481
Jun 20197,85552.782.49$19,568
May 20198,91158.482.74$24,419
Apr 20197,85062.632.75$21,593
Mar 20198,80656.803.06$26,965
Feb 20196,69450.852.79$18,691
Jan 20198,01246.033.23$25,864
Dec 20188,05546.594.19$33,714
Nov 20188,48952.934.24$35,970
Oct 20188,03561.443.40$27,304
Sep 20187,56959.543.11$23,524
Aug 20187,89459.403.07$24,207
Jul 20187,94065.142.93$23,279
Jun 20187,75360.183.08$23,855
May 20188,12065.382.90$23,555
Apr 20188,02663.842.90$23,282
Mar 20188,45961.222.79$23,574
Feb 20187,75561.782.77$21,451
Jan 20189,33262.874.01$37,415
Dec 20178,67057.272.92$25,330
Nov 20178,49355.423.12$26,484
Oct 20178,72149.292.98$26,021
Sep 20178,64147.523.09$26,677
Aug 20178,73245.373.00$26,234
Jul 20176,56343.873.09$20,262
Jun 20176,35642.493.09$19,623
May 20176,37945.373.26$20,817
Apr 20176,67847.933.21$21,447
Mar 20177,03546.772.98$20,990
Feb 20176,44650.452.95$19,032
Jan 20176,94149.413.42$23,730
Dec 20167,05048.763.72$26,246
Nov 20167,01842.492.64$18,558
Oct 20167,57346.193.09$23,403
Sep 20167,36041.553.10$22,821
Aug 20167,45841.442.92$21,810
Jul 20167,04541.622.92$20,602
Jun 20166,83445.352.69$18,355
May 20166,78542.521.99$13,509
Apr 20166,47836.561.99$12,898
Mar 20166,25233.011.79$11,216
Feb 20166,08126.472.06$12,549
Jan 20166,53327.352.36$15,446
Dec 20156,56732.362.00$13,143
Nov 20156,46738.792.17$14,016
Oct 20157,16843.552.43$17,394
Sep 20156,76642.992.76$18,663
Aug 20156,79340.162.87$19,513
Jul 20156,63548.152.95$19,541
Jun 20155,06556.152.88$14,602
May 20157,08355.212.96$20,933
Apr 20156,93849.822.71$18,778
Mar 20157,35242.892.93$21,576
Feb 20156,84544.662.98$20,372
Jan 20157,71843.433.10$23,931
Dec 20147,74554.693.59$27,815
Nov 20147,54170.464.25$32,063
Oct 20147,83078.303.90$30,545
Sep 20147,71786.164.05$31,219
Aug 20148,21589.394.04$33,149
Jul 20148,38296.564.18$35,033
Jun 20147,87198.164.74$37,284
May 20148,15994.734.73$38,564
Apr 20148,09295.944.81$38,915
Mar 20148,73395.895.06$44,161
Feb 20147,55997.406.19$46,805
Jan 20148,29790.404.86$40,329
Dec 20138,56491.824.35$37,292
Nov 20138,56488.853.74$32,015
Oct 20139,13997.423.78$34,540
Sep 20138,982104.113.72$33,393
Aug 20139,703104.253.52$34,180
Jul 20139,848102.523.72$36,612
Jun 20139,09294.403.93$35,763
May 20139,10094.834.15$37,757
Apr 20139,46093.964.28$40,513
Mar 201310,29593.623.91$40,283
Feb 20139,27291.233.42$31,709
Jan 20139,68591.603.42$33,122
Dec 201210,29686.773.42$35,214
Nov 20129,57186.953.62$34,694
Oct 20129,98689.383.40$33,949
Sep 20129,73294.672.92$28,402
Aug 201210,41392.662.91$30,283
Jul 201211,08485.133.02$33,483
Jun 201210,41279.822.52$26,228
May 201210,57291.612.49$26,307
Apr 201210,453101.652.00$20,873
Mar 201210,514105.052.22$23,363
Feb 201210,192101.102.57$26,196
Jan 201211,45198.092.73$31,308
Dec 201111,86696.873.24$38,443
Nov 201111,45495.723.31$37,927
Oct 201112,54684.983.65$45,775
Sep 201112,37183.623.99$49,308
Aug 201112,85083.404.15$53,319
Jul 201112,43094.144.52$56,149
Jun 201112,05692.904.64$55,938
May 201112,93198.134.40$56,959
Apr 201111,606105.964.33$50,292
Mar 201113,25196.364.06$53,764
Feb 201111,71285.644.18$48,956
Jan 201113,40786.504.59$61,522
Dec 201014,31685.734.35$62,242
Nov 201013,45680.843.80$51,070
Oct 201013,78078.103.51$48,353
Sep 201013,74072.633.98$54,678
Aug 201014,27573.684.42$63,086
Jul 201011,14772.554.74$52,798
Jun 20107,10470.364.91$34,883
May 201011,56771.124.24$48,989
Apr 201015,78981.694.12$65,093
Mar 201016,52778.394.39$72,532
Feb 201015,30773.585.44$83,306
Jan 201021,22674.365.96$126,594
Dec 200917,61571.445.48$96,596
Nov 200917,05874.593.75$63,993
Oct 200919,67372.544.11$80,861
Sep 200920,28765.543.06$62,175
Aug 200922,81267.423.22$73,420
Jul 200918,29661.133.46$63,386
Jun 200917,55766.163.90$68,385
May 200921,67454.743.93$85,087
Apr 200926,72846.773.59$95,887
Mar 200929,21642.144.06$118,588
Feb 200927,04132.814.63$125,281
Jan 200931,07335.865.37$166,893
Dec 200833,67537.105.98$201,280
Nov 200836,48055.496.86$250,266
Oct 200838,63475.246.92$267,424
Sep 200834,918101.767.88$275,052
Aug 200829,717114.228.48$252,090
Jul 200834,197131.0811.39$389,484
Jun 200817,044131.3313.03$222,128

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                4,063 Mcf  × $  3.05 =    $12,375

────────────────────────────────────────────────────
Month total                                  $12,375

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/246831 is the state's own key, not one this site invented.