MOERTLE, LAWRENCE

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 247775District 09Field 65280200GasSaveExport
Value, all time
$5.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$838
at the published price for each month
Months reported
224
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
GasProduction1,073,989 Mcf$5,761,848
Total$5,761,848

Every month this lease reported (224)

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

224 months

May 202610106.413.05$30
Apr 20261098.932.87$29
Mar 2026789.753.15$22
Feb 20261863.503.75$68
Jan 20262159.138.00$168
Dec 20252056.664.41$88
Nov 20252058.593.93$79
Oct 20252059.383.30$66
Sep 20252162.743.08$65
Aug 20252563.933.01$75
Jul 20252466.743.32$80
Jun 20252266.483.13$69
May 20252560.553.23$81
Apr 20252662.363.54$92
Mar 20253167.704.27$132
Feb 20253370.884.34$143
Jan 20253474.324.28$145
Dec 20243368.993.12$103
Nov 20243769.052.20$81
Oct 20244571.372.28$103
Sep 20245069.612.36$118
Aug 20245375.632.06$109
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202449278.812.20$1,082
Apr 202456884.451.66$942
Mar 20241,85980.301.55$2,872
Feb 20242,07176.091.78$3,694
Jan 20241,55573.023.30$5,128
Dec 20232,01871.262.61$5,268
Nov 20231,93077.892.81$5,419
Oct 20231,33085.443.09$4,106
Sep 20231,34289.042.74$3,670
Aug 20231,90580.522.67$5,092
Jul 20232,25574.852.64$5,957
Jun 20232,20368.962.26$4,975
May 20231,81670.622.23$4,045
Apr 20232,18978.122.24$4,898
Mar 20232,27572.852.39$5,444
Feb 20232,05675.112.47$5,069
Jan 20231,88776.533.39$6,393
Dec 202290576.415.73$5,185
Nov 20222,44885.005.65$13,822
Oct 20222,64087.185.86$15,480
Sep 20222,69584.888.16$22,001
Aug 20222,94194.529.13$26,843
Jul 20223,005101.587.54$22,664
Jun 20222,931115.097.98$23,381
May 20223,001109.378.43$25,308
Apr 20222,576104.226.84$17,614
Mar 20222,950108.885.08$14,975
Feb 20222,73891.054.86$13,304
Jan 20223,12781.844.54$14,189
Dec 20213,12671.323.90$12,189
Nov 20213,03677.435.24$15,899
Oct 20213,18079.795.71$18,170
Sep 20212,99969.865.35$16,047
Aug 20213,25666.024.22$13,742
Jul 20212,43470.783.98$9,692
Jun 20212,21869.493.38$7,498
May 20212,22263.483.02$6,705
Apr 20212,25260.362.76$6,212
Mar 20211,60361.302.72$4,355
Feb 202186757.805.55$4,810
Jan 20212,42250.412.81$6,806
Dec 20201,18844.642.68$3,178
Nov 20202,36338.772.71$6,396
Oct 20202,12536.972.48$5,267
Sep 20202,35437.091.99$4,687
Aug 20202,89439.982.39$6,902
Jul 20201,56238.371.83$2,851
Jun 20202,26534.901.69$3,829
May 20201,91316.921.81$3,472
Apr 20202,38914.751.80$4,311
Mar 20202,52430.341.86$4,685
Feb 20201,71949.881.98$3,405
Jan 20202,68557.252.09$5,624
Dec 20192,21859.012.30$5,111
Nov 20192,69755.302.75$7,419
Oct 2019053.472.42$0
Sep 201967855.052.66$1,802
Aug 201977153.112.30$1,777
Jul 201982756.272.46$2,034
Jun 20192,07852.782.49$5,177
May 20192,76358.482.74$7,572
Apr 20192,59062.632.75$7,124
Mar 20192,80656.803.06$8,592
Feb 20192,49250.852.79$6,958
Jan 20192,88546.033.23$9,313
Dec 20182,41846.594.19$10,120
Nov 20182,80652.934.24$11,890
Oct 20182,98861.443.40$10,153
Sep 20183,07159.543.11$9,545
Aug 20183,21159.403.07$9,847
Jul 20183,25165.142.93$9,532
Jun 20183,01960.183.08$9,289
May 20183,36065.382.90$9,747
Apr 20183,32763.842.90$9,651
Mar 20183,35861.222.79$9,358
Feb 20182,97161.782.77$8,218
Jan 20183,35262.874.01$13,439
Dec 20173,36757.272.92$9,837
Nov 20173,37955.423.12$10,537
Oct 20173,57449.292.98$10,664
Sep 20173,55747.523.09$10,981
Aug 20173,45045.373.00$10,365
Jul 20173,62643.873.09$11,194
Jun 20173,81942.493.09$11,790
May 20174,07045.373.26$13,282
Apr 20173,95647.933.21$12,705
Mar 20174,13446.772.98$12,335
Feb 20173,65950.452.95$10,804
Jan 20173,86349.413.42$13,207
Dec 20163,76048.763.72$13,998
Nov 20164,21942.492.64$11,157
Oct 20164,35946.193.09$13,470
Sep 20164,43541.553.10$13,751
Aug 20162,83441.442.92$8,288
Jul 20164,31341.622.92$12,613
Jun 20163,81145.352.69$10,236
May 20163,63642.521.99$7,239
Apr 20163,88036.561.99$7,725
Mar 20164,41833.011.79$7,926
Feb 20164,34026.472.06$8,956
Jan 20165,06927.352.36$11,985
Dec 20155,30532.362.00$10,617
Nov 20152,62838.792.17$5,696
Oct 20155,11143.552.43$12,402
Sep 20154,88242.992.76$13,467
Aug 20155,41940.162.87$15,566
Jul 20154,59848.152.95$13,541
Jun 20154,45156.152.88$12,832
May 20154,94055.212.96$14,600
Apr 20154,92849.822.71$13,338
Mar 20155,37942.892.93$15,786
Feb 20155,04044.662.98$15,000
Jan 20155,65743.433.10$17,540
Dec 20145,75954.693.59$20,683
Nov 20145,70870.464.25$24,270
Oct 20146,69078.303.90$26,097
Sep 20146,84086.164.05$27,671
Aug 20147,08989.394.04$28,605
Jul 20147,35296.564.18$30,728
Jun 20146,89798.164.74$32,670
May 20142,82394.734.73$13,343
Apr 20143,01195.944.81$14,480
Mar 201455795.895.06$2,817
Feb 201424997.406.19$1,542
Jan 2014690.404.86$29
Dec 2013691.824.35$26
Nov 2013588.853.74$19
Oct 2013097.423.78$0
Sep 2013480104.113.72$1,785
Aug 2013587104.253.52$2,068
Jul 2013645102.523.72$2,398
Jun 201358494.403.93$2,297
May 201366694.834.15$2,763
Apr 20131,43293.964.28$6,133
Mar 20133,80193.623.91$14,873
Feb 20135,33391.233.42$18,238
Jan 20135,45091.603.42$18,639
Dec 20127,29186.773.42$24,936
Nov 20125,33286.953.62$19,328
Oct 20125,31589.383.40$18,069
Sep 20127,18294.672.92$20,960
Aug 20127,57492.662.91$22,026
Jul 20127,86085.133.02$23,743
Jun 20127,79179.822.52$19,626
May 20126,21391.612.49$15,460
Apr 20127,596101.652.00$15,168
Mar 20124,652105.052.22$10,337
Feb 20126,137101.102.57$15,774
Jan 201255598.092.73$1,517
Dec 2011096.873.24$0
Nov 20111,01895.723.31$3,371
Oct 20111,01284.983.65$3,692
Sep 201184683.623.99$3,372
Aug 20113,36983.404.15$13,979
Jul 20116,62194.144.52$29,909
Jun 20116,98192.904.64$32,391
May 20117,55198.134.40$33,261
Apr 20117,613105.964.33$32,989
Mar 20117,16496.364.06$29,067
Feb 20116,36185.644.18$26,589
Jan 20117,18986.504.59$32,989
Dec 20106,82885.734.35$29,686
Nov 20107,28380.843.80$27,641
Oct 20106,90778.103.51$24,236
Sep 20108072.633.98$318
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 20109,48078.394.39$41,605
Feb 20104,53873.585.44$24,697
Jan 20104,60874.365.96$27,483
Dec 200910,59571.445.48$58,100
Nov 20099,91474.593.75$37,192
Oct 200911,99372.544.11$49,294
Sep 20096,14365.543.06$18,827
Aug 20097,88667.423.22$25,381
Jul 20092,32961.133.46$8,069
Jun 20099866.163.90$382
May 20097,17754.743.93$28,175
Apr 200912,29946.773.59$44,123
Mar 200913,64242.144.06$55,373
Feb 200913,09832.814.63$60,683
Jan 200914,78435.865.37$79,405
Dec 200815,22237.105.98$90,984
Nov 200815,81555.496.86$108,497
Oct 200817,19675.246.92$119,030
Sep 200817,348101.767.88$136,652
Aug 200816,002114.228.48$135,745
Jul 200816,477131.0811.39$187,664
Jun 200817,736131.3313.03$231,147
May 200821,961123.1711.57$254,183
Apr 200816,788110.3110.45$175,516
Mar 200828,380101.909.66$274,266
Feb 200828,44292.538.77$249,453
Jan 200835,27890.388.21$289,482
Dec 200742,32288.337.30$309,034
Nov 200751,83591.677.29$377,965
Oct 200752,62082.856.92$364,235

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                   10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/247775 is the state's own key, not one this site invented.