MADDUX, HENRY GU

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 249281District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.8 M
Dec 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
210
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition650 bbl$42,035
GasProduction470,704 Mcf$1,750,565
Total$1,792,601

Every month this lease reported (210)

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

210 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026057559.138.00$4,599
Dec 2025015756.664.41$693
Nov 20250558.593.93$20
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024018469.052.20$405
Oct 20240371.372.28$7
Sep 20240369.612.36$7
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024023276.091.78$414
Jan 2024065473.023.30$2,157
Dec 202302,10171.262.61$5,485
Nov 2023522,01177.892.81$9,696
Oct 202302,16585.443.09$6,684
Sep 202301,88489.042.74$5,153
Aug 202301,76480.522.67$4,715
Jul 202301,23474.852.64$3,260
Jun 202301,70468.962.26$3,848
May 202301,91870.622.23$4,272
Apr 202301,95978.122.24$4,384
Mar 202301,95772.852.39$4,683
Feb 202302,07375.112.47$5,111
Jan 202302,10076.533.39$7,114
Dec 202202,41876.415.73$13,853
Nov 202202,37585.005.65$13,410
Oct 202202,45487.185.86$14,390
Sep 202202,09184.888.16$17,070
Aug 202202,13194.529.13$19,450
Jul 202202,439101.587.54$18,395
Jun 202202,547115.097.98$20,318
May 202203,811109.378.43$32,138
Apr 202201,824104.226.84$12,472
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020045414.751.80$819
Mar 202002,12730.341.86$3,948
Feb 202001,90549.881.98$3,773
Jan 202002,04757.252.09$4,288
Dec 201902,00459.012.30$4,618
Nov 201902,11255.302.75$5,809
Oct 201902,12853.472.42$5,147
Sep 201902,30255.052.66$6,117
Aug 20191482,42653.112.30$13,451
Jul 201902,20656.272.46$5,427
Jun 201901,61152.782.49$4,013
May 201902,42458.482.74$6,643
Apr 201902,43162.632.75$6,687
Mar 201902,43356.803.06$7,450
Feb 201902,09550.852.79$5,850
Jan 201902,35646.033.23$7,606
Dec 201802,47146.594.19$10,342
Nov 201802,35052.934.24$9,958
Oct 201802,43661.443.40$8,278
Sep 201802,20759.543.11$6,859
Aug 201802,44459.403.07$7,495
Jul 201802,51765.142.93$7,380
Jun 201802,44460.183.08$7,520
May 201803,20365.382.90$9,291
Apr 201803,09863.842.90$8,987
Mar 201803,20061.222.79$8,918
Feb 201802,97861.782.77$8,238
Jan 201803,25762.874.01$13,058
Dec 201703,31757.272.92$9,691
Nov 201702,07255.423.12$6,461
Oct 201702,40749.292.98$7,182
Sep 201702,25647.523.09$6,965
Aug 201702,08145.373.00$6,252
Jul 201702,86943.873.09$8,857
Jun 201703,01142.493.09$9,296
May 201703,38045.373.26$11,030
Apr 201703,28347.933.21$10,544
Mar 201701,81846.772.98$5,424
Feb 201702,82650.452.95$8,344
Jan 201702,30549.413.42$7,880
Dec 201602,93648.763.72$10,930
Nov 20161603,26942.492.64$15,443
Oct 201603,40946.193.09$10,535
Sep 201603,29541.553.10$10,217
Aug 201603,56841.442.92$10,434
Jul 201603,53641.622.92$10,340
Jun 201603,06445.352.69$8,229
May 201603,59342.521.99$7,154
Apr 201603,38736.561.99$6,744
Mar 201603,60033.011.79$6,458
Feb 201602,40126.472.06$4,955
Jan 201602,40627.352.36$5,689
Dec 201503,76332.362.00$7,531
Nov 201501,21738.792.17$2,638
Oct 201503,57143.552.43$8,665
Sep 201503,54442.992.76$9,776
Aug 201503,79440.162.87$10,898
Jul 201503,50248.152.95$10,314
Jun 2015064056.152.88$1,845
May 2015068255.212.96$2,016
Apr 2015066049.822.71$1,786
Mar 201504,42642.892.93$12,989
Feb 201503,39544.662.98$10,104
Jan 201505,99343.433.10$18,582
Dec 2014069654.693.59$2,500
Nov 2014096670.464.25$4,107
Oct 201403,32578.303.90$12,971
Sep 2014081286.164.05$3,285
Aug 201402,46289.394.04$9,934
Jul 20140096.564.18$0
Jun 201402,49398.164.74$11,809
May 2014945,00594.734.73$32,561
Apr 201406795.944.81$322
Mar 2014042795.895.06$2,159
Feb 2014092997.406.19$5,752
Jan 201403,36990.404.86$16,376
Dec 201302,68191.824.35$11,674
Nov 201303,09888.853.74$11,581
Oct 201303,44597.423.78$13,020
Sep 201303,414104.113.72$12,692
Aug 201302,749104.253.52$9,684
Jul 201303,699102.523.72$13,752
Jun 201305,04494.403.93$19,840
May 201302,23794.834.15$9,281
Apr 201302,63993.964.28$11,302
Mar 201302,63993.623.91$10,326
Feb 2013042191.233.42$1,440
Jan 201303,25691.603.42$11,135
Dec 201204,81086.773.42$16,451
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201201094.672.92$29
Aug 2012035392.662.91$1,027
Jul 201201,95885.133.02$5,915
Jun 201202,68579.822.52$6,764
May 201202,84891.612.49$7,087
Apr 201202,961101.652.00$5,913
Mar 201203,150105.052.22$7,000
Feb 201203,107101.102.57$7,986
Jan 201203,64198.092.73$9,955
Dec 201103,35096.873.24$10,853
Nov 201103,51995.723.31$11,652
Oct 201103,74384.983.65$13,656
Sep 201103,23683.623.99$12,898
Aug 201104,05583.404.15$16,825
Jul 201103,76794.144.52$17,016
Jun 201103,84092.904.64$17,817
May 201102,39998.134.40$10,567
Apr 201102,109105.964.33$9,139
Mar 201102,43796.364.06$9,888
Feb 201103,86085.644.18$16,135
Jan 201103,17886.504.59$14,583
Dec 201003,00985.734.35$13,082
Nov 201003,27180.843.80$12,415
Oct 201003,57478.103.51$12,541
Sep 201004,13872.633.98$16,467
Aug 201004,17873.684.42$18,464
Jul 201004,21072.554.74$19,941
Jun 201003,99270.364.91$19,602
May 201004,38571.124.24$18,571
Apr 201004,46781.694.12$18,416
Mar 201005,09578.394.39$22,360
Feb 20101964,68973.585.44$39,941
Jan 201005,17274.365.96$30,846
Dec 200904,25271.445.48$23,317
Nov 200904,59374.593.75$17,231
Oct 200905,20172.544.11$21,377
Sep 200904,77965.543.06$14,646
Aug 200905,24667.423.22$16,884
Jul 200905,42061.133.46$18,778
Jun 200905,41866.163.90$21,103
May 200906,43454.743.93$25,258
Apr 200906,76046.773.59$24,252
Mar 200908,05442.144.06$32,691
Feb 200908,56532.814.63$39,682
Jan 2009014,99435.865.37$80,533
Dec 200802,20437.105.98$13,174

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  575 Mcf  × $  8.00 =     $4,599

────────────────────────────────────────────────────
Month total                                   $4,599

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/249281 is the state's own key, not one this site invented.