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 247556District 09Field 65280200GasSaveExport
Value, all time
$6.6 M
Jul 2008 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
215
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
GasProduction1,566,895 Mcf$6,634,845
Total$6,634,845

Every month this lease reported (215)

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

215 months

May 20262,809106.413.05$8,556
Apr 20262,69998.932.87$7,745
Mar 20262,39589.753.15$7,543
Feb 20261,78563.503.75$6,694
Jan 20262,10859.138.00$16,860
Dec 20252,01756.664.41$8,902
Nov 20251,96558.593.93$7,715
Oct 20252,12459.383.30$7,019
Sep 20252,17462.743.08$6,689
Aug 20252,37963.933.01$7,172
Jul 20252,23566.743.32$7,409
Jun 20252,00166.483.13$6,261
May 20251,89260.553.23$6,116
Apr 20251,85462.363.54$6,569
Mar 20252,04467.704.27$8,724
Feb 20251,52370.884.34$6,611
Jan 20251,75974.324.28$7,526
Dec 20242,02768.993.12$6,327
Nov 20242,08769.052.20$4,588
Oct 20242,42071.372.28$5,521
Sep 20242,29469.612.36$5,424
Aug 20242,28175.632.06$4,707
Jul 20242,40179.932.15$5,154
Jun 20242,76378.082.63$7,278
May 20242,88978.812.20$6,351
Apr 20243,04584.451.66$5,052
Mar 20243,12280.301.55$4,824
Feb 20243,02976.091.78$5,403
Jan 20243,37573.023.30$11,130
Dec 20233,44571.262.61$8,994
Nov 20233,37177.892.81$9,464
Oct 20233,36585.443.09$10,389
Sep 20232,84189.042.74$7,770
Aug 20232,41180.522.67$6,444
Jul 20232,30574.852.64$6,089
Jun 20232,38268.962.26$5,380
May 20232,87070.622.23$6,393
Apr 20232,90678.122.24$6,503
Mar 20233,01972.852.39$7,225
Feb 20232,49375.112.47$6,147
Jan 20233,08976.533.39$10,465
Dec 20223,52076.415.73$20,166
Nov 20223,36885.005.65$19,016
Oct 20223,41887.185.86$20,042
Sep 20223,40284.888.16$27,773
Aug 20223,25394.529.13$29,691
Jul 20223,003101.587.54$22,649
Jun 20222,628115.097.98$20,964
May 20222,704109.378.43$22,803
Apr 20222,850104.226.84$19,487
Mar 20223,075108.885.08$15,610
Feb 20222,56091.054.86$12,439
Jan 20222,97281.844.54$13,486
Dec 20212,79371.323.90$10,890
Nov 20212,69477.435.24$14,108
Oct 20212,80879.795.71$16,045
Sep 20212,54769.865.35$13,629
Aug 20212,66466.024.22$11,244
Jul 20212,82370.783.98$11,241
Jun 20212,86369.493.38$9,679
May 20213,16763.483.02$9,557
Apr 20213,13660.362.76$8,650
Mar 20213,42261.302.72$9,297
Feb 20212,90657.805.55$16,122
Jan 20213,54650.412.81$9,965
Dec 20203,59244.642.68$9,610
Nov 20203,70938.772.71$10,039
Oct 20203,95136.972.48$9,792
Sep 20203,78637.091.99$7,538
Aug 20203,79239.982.39$9,044
Jul 20203,68638.371.83$6,727
Jun 20203,58134.901.69$6,053
May 20203,69916.921.81$6,713
Apr 20203,78314.751.80$6,826
Mar 20204,07330.341.86$7,560
Feb 20204,09449.881.98$8,109
Jan 20204,35257.252.09$9,116
Dec 20194,15859.012.30$9,582
Nov 20194,12955.302.75$11,358
Oct 20193,84653.472.42$9,302
Sep 20194,06755.052.66$10,807
Aug 20194,02653.112.30$9,277
Jul 20194,05056.272.46$9,963
Jun 20193,87152.782.49$9,643
May 20193,99558.482.74$10,948
Apr 20193,76862.632.75$10,365
Mar 20194,43356.803.06$13,574
Feb 20194,37450.852.79$12,213
Jan 20195,11446.033.23$16,509
Dec 20185,67846.594.19$23,765
Nov 20185,55352.934.24$23,529
Oct 20185,76861.443.40$19,600
Sep 20184,59959.543.11$14,294
Aug 20185,86759.403.07$17,992
Jul 20185,71065.142.93$16,741
Jun 20185,93060.183.08$18,246
May 20186,23665.382.90$18,089
Apr 20185,82863.842.90$16,906
Mar 20186,25961.222.79$17,443
Feb 20185,79861.782.77$16,038
Jan 20186,32662.874.01$25,363
Dec 20176,40257.272.92$18,704
Nov 20176,24555.423.12$19,474
Oct 20176,78549.292.98$20,244
Sep 20176,72747.523.09$20,768
Aug 20176,50345.373.00$19,538
Jul 20176,12043.873.09$18,894
Jun 20175,88442.493.09$18,166
May 20176,30545.373.26$20,576
Apr 20176,08147.933.21$19,530
Mar 20176,19746.772.98$18,490
Feb 20174,60350.452.95$13,591
Jan 20175,52849.413.42$18,899
Dec 20165,69548.763.72$21,202
Nov 20166,25442.492.64$16,538
Oct 20166,59746.193.09$20,386
Sep 20166,35241.553.10$19,695
Aug 20166,48641.442.92$18,967
Jul 20165,11641.622.92$14,961
Jun 20165,06845.352.69$13,612
May 20166,02242.521.99$11,990
Apr 20165,69036.561.99$11,329
Mar 20165,17933.011.79$9,291
Feb 20164,78226.472.06$9,868
Jan 20165,14927.352.36$12,174
Dec 20155,31232.362.00$10,631
Nov 20155,27638.792.17$11,435
Oct 20154,90543.552.43$11,902
Sep 20155,14342.992.76$14,187
Aug 20155,26240.162.87$15,115
Jul 20155,20048.152.95$15,314
Jun 20155,13356.152.88$14,798
May 20155,96955.212.96$17,641
Apr 20155,96449.822.71$16,142
Mar 20156,48542.892.93$19,032
Feb 20155,78144.662.98$17,205
Jan 20156,44843.433.10$19,993
Dec 20146,46354.693.59$23,211
Nov 20146,15370.464.25$26,162
Oct 20146,43978.303.90$25,118
Sep 20146,25286.164.05$25,292
Aug 20146,75989.394.04$27,273
Jul 20146,84796.564.18$28,618
Jun 20146,50198.164.74$30,794
May 20146,90594.734.73$32,637
Apr 20146,96095.944.81$33,471
Mar 20147,57095.895.06$38,280
Feb 20147,02397.406.19$43,486
Jan 20147,44790.404.86$36,198
Dec 20137,47391.824.35$32,541
Nov 20137,13188.853.74$26,658
Oct 20137,46097.423.78$28,194
Sep 20137,297104.113.72$27,128
Aug 20137,643104.253.52$26,923
Jul 20137,813102.523.72$29,047
Jun 20137,62094.403.93$29,973
May 20137,92194.834.15$32,865
Apr 20137,76093.964.28$33,233
Mar 20138,28093.623.91$32,399
Feb 20137,74691.233.42$26,491
Jan 20138,58491.603.42$29,357
Dec 20128,67386.773.42$29,663
Nov 20127,31586.953.62$26,517
Oct 20127,90989.383.40$26,888
Sep 20127,70394.672.92$22,480
Aug 20127,75692.662.91$22,556
Jul 20128,37985.133.02$25,311
Jun 20127,61979.822.52$19,193
May 20127,43791.612.49$18,506
Apr 20128,341101.652.00$16,655
Mar 20128,753105.052.22$19,450
Feb 20128,225101.102.57$21,140
Jan 20128,63598.092.73$23,609
Dec 20118,59496.873.24$27,842
Nov 20118,64095.723.31$28,609
Oct 20119,35584.983.65$34,132
Sep 20119,83083.623.99$39,180
Aug 201110,13083.404.15$42,033
Jul 201110,58794.144.52$47,824
Jun 201110,69392.904.64$49,614
May 201111,06398.134.40$48,731
Apr 201111,171105.964.33$48,407
Mar 201111,84496.364.06$48,055
Feb 201111,31285.644.18$47,284
Jan 201112,16286.504.59$55,809
Dec 201012,42885.734.35$54,034
Nov 201011,73080.843.80$44,519
Oct 201011,49778.103.51$40,342
Sep 201011,52472.633.98$45,859
Aug 201012,00073.684.42$53,032
Jul 201012,06772.554.74$57,155
Jun 201012,21770.364.91$59,990
May 201012,84771.124.24$54,410
Apr 201012,91681.694.12$53,249
Mar 201013,51678.394.39$59,317
Feb 201011,99273.585.44$65,265
Jan 201016,29574.365.96$97,185
Dec 200916,62571.445.48$91,167
Nov 200914,54474.593.75$54,562
Oct 200916,55772.544.11$68,053
Sep 200918,53265.543.06$56,796
Aug 200920,87567.423.22$67,186
Jul 200919,43861.133.46$67,343
Jun 200921,90366.163.90$85,312
May 200924,01854.743.93$94,289
Apr 200925,07446.773.59$89,953
Mar 200926,76042.144.06$108,619
Feb 200924,90532.814.63$115,385
Jan 200929,16535.865.37$156,645
Dec 200831,14237.105.98$186,140
Nov 200833,16155.496.86$227,496
Oct 200839,20775.246.92$271,390
Sep 200841,038101.767.88$323,260
Aug 200847,764114.228.48$405,183
Jul 200820,741131.0811.39$236,228

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                2,809 Mcf  × $  3.05 =     $8,556

────────────────────────────────────────────────────
Month total                                   $8,556

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/247556 is the state's own key, not one this site invented.