MATTHEWS, DON

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 251274District 09Field 65280200GasSaveExport
Value, all time
$7.0 M
Apr 2009 – May 2026
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
206
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
GasProduction1,922,384 Mcf$7,029,507
Total$7,029,507

Every month this lease reported (206)

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

206 months

May 20265,150106.413.05$15,686
Apr 20265,32198.932.87$15,270
Mar 20265,86889.753.15$18,481
Feb 20265,42463.503.75$20,342
Jan 20266,10459.138.00$48,819
Dec 20256,15456.664.41$27,160
Nov 20255,89758.593.93$23,154
Oct 20256,15259.383.30$20,331
Sep 20255,99962.743.08$18,458
Aug 20256,13863.933.01$18,505
Jul 20256,05966.743.32$20,087
Jun 20255,89966.483.13$18,456
May 20256,00960.553.23$19,423
Apr 20255,89662.363.54$20,890
Mar 20256,20367.704.27$26,476
Feb 20255,66970.884.34$24,608
Jan 20256,24674.324.28$26,725
Dec 20246,21668.993.12$19,402
Nov 20245,97469.052.20$13,133
Oct 20246,28371.372.28$14,334
Sep 20246,05569.612.36$14,316
Aug 20246,28975.632.06$12,978
Jul 20246,27179.932.15$13,461
Jun 20246,22078.082.63$16,383
May 20246,16478.812.20$13,551
Apr 20245,50384.451.66$9,131
Mar 20245,63480.301.55$8,705
Feb 20245,11876.091.78$9,129
Jan 20245,18273.023.30$17,088
Dec 20234,81571.262.61$12,571
Nov 20235,35977.892.81$15,046
Oct 20235,56085.443.09$17,165
Sep 20234,97489.042.74$13,604
Aug 20235,06280.522.67$13,530
Jul 20235,05874.852.64$13,362
Jun 20234,90268.962.26$11,071
May 20235,31470.622.23$11,836
Apr 20235,13378.122.24$11,486
Mar 20235,30772.852.39$12,701
Feb 20234,90875.112.47$12,102
Jan 20235,24476.533.39$17,765
Dec 20225,02076.415.73$28,760
Nov 20225,21985.005.65$29,468
Oct 20225,34787.185.86$31,354
Sep 20225,06884.888.16$41,374
Aug 20225,53994.529.13$50,555
Jul 20225,399101.587.54$40,720
Jun 20226,076115.097.98$48,469
May 20226,376109.378.43$53,769
Apr 20226,179104.226.84$42,250
Mar 20226,292108.885.08$31,941
Feb 20224,76891.054.86$23,167
Jan 20225,35481.844.54$24,295
Dec 20215,28971.323.90$20,622
Nov 20215,31077.435.24$27,808
Oct 20215,51279.795.71$31,495
Sep 20215,40069.865.35$28,895
Aug 20215,75866.024.22$24,302
Jul 20217,39070.783.98$29,428
Jun 20218,09569.493.38$27,366
May 20215,61563.483.02$16,944
Apr 20215,24360.362.76$14,462
Mar 20215,74861.302.72$15,617
Feb 20214,93957.805.55$27,401
Jan 20216,78050.412.81$19,054
Dec 20206,94244.642.68$18,573
Nov 20206,39338.772.71$17,303
Oct 202010,40436.972.48$25,786
Sep 202010,40537.091.99$20,717
Aug 202010,76639.982.39$25,678
Jul 202010,82738.371.83$19,761
Jun 20209,60134.901.69$16,229
May 202010,41516.921.81$18,901
Apr 20207,54114.751.80$13,607
Mar 20208,19430.341.86$15,210
Feb 20207,91549.881.98$15,677
Jan 20208,49757.252.09$17,799
Dec 20198,55459.012.30$19,712
Nov 20198,50855.302.75$23,403
Oct 20198,18353.472.42$19,791
Sep 20198,01955.052.66$21,309
Aug 20198,49353.112.30$19,571
Jul 20198,19156.272.46$20,150
Jun 20198,62552.782.49$21,487
May 20198,27858.482.74$22,684
Apr 20198,23562.632.75$22,652
Mar 20198,60456.803.06$26,346
Feb 20195,00450.852.79$13,972
Jan 20198,28046.033.23$26,729
Dec 20188,10846.594.19$33,936
Nov 20189,00952.934.24$38,173
Oct 20189,72461.443.40$33,043
Sep 20189,24959.543.11$28,746
Aug 20187,29159.403.07$22,358
Jul 20186,20065.142.93$18,178
Jun 20189,67860.183.08$29,778
May 201811,57465.382.90$33,574
Apr 201810,18763.842.90$29,550
Mar 20188,36461.222.79$23,309
Feb 20186,02061.782.77$16,652
Jan 20185,47262.874.01$21,939
Dec 20177,01857.272.92$20,503
Nov 20178,56055.423.12$26,693
Oct 20177,71949.292.98$23,031
Sep 20173,30247.523.09$10,194
Aug 20177,79745.373.00$23,425
Jul 201710,03043.873.09$30,965
Jun 20179,69842.493.09$29,940
May 201710,22245.373.26$33,358
Apr 20179,84247.933.21$31,609
Mar 201710,33246.772.98$30,827
Feb 20179,46950.452.95$27,958
Jan 201710,69249.413.42$36,554
Dec 201610,87248.763.72$40,475
Nov 201610,72742.492.64$28,366
Oct 201611,32146.193.09$34,985
Sep 201611,20041.553.10$34,727
Aug 201612,24741.442.92$35,814
Jul 201613,24941.622.92$38,745
Jun 201613,13545.352.69$35,278
May 201613,47042.521.99$26,819
Apr 201612,42836.561.99$24,745
Mar 20169,55533.011.79$17,142
Feb 20169,36226.472.06$19,320
Jan 201610,09827.352.36$23,875
Dec 20158,85432.362.00$17,720
Nov 20158,89338.792.17$19,274
Oct 20159,00643.552.43$21,854
Sep 20158,56242.992.76$23,618
Aug 20158,95640.162.87$25,726
Jul 20159,00448.152.95$26,518
Jun 20159,24256.152.88$26,643
May 20159,66555.212.96$28,564
Apr 201510,20749.822.71$27,626
Mar 201510,72842.892.93$31,484
Feb 201510,22044.662.98$30,417
Jan 201512,36043.433.10$38,324
Dec 201411,78554.693.59$42,324
Nov 201411,46370.464.25$48,739
Oct 201411,99278.303.90$46,780
Sep 201411,82286.164.05$47,825
Aug 201411,74089.394.04$47,372
Jul 201411,64496.564.18$48,667
Jun 201412,03098.164.74$56,985
May 201413,02994.734.73$61,582
Apr 201412,94195.944.81$62,235
Mar 201413,08295.895.06$66,153
Feb 201412,32297.406.19$76,298
Jan 201414,10890.404.86$68,575
Dec 201314,76091.824.35$64,272
Nov 201314,77588.853.74$55,233
Oct 201315,47797.423.78$58,493
Sep 201313,437104.113.72$49,955
Aug 201313,739104.253.52$48,397
Jul 20130102.523.72$0
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 2012085.133.02$0
Jun 2012079.822.52$0
May 20123991.612.49$97
Apr 20120101.652.00$0
Mar 201211105.052.22$24
Feb 20120101.102.57$0
Jan 201291098.092.73$2,488
Dec 20116,34796.873.24$20,563
Nov 2011095.723.31$0
Oct 20111884.983.65$66
Sep 201111283.623.99$446
Aug 20112,21183.404.15$9,174
Jul 201112,68894.144.52$57,315
Jun 201112,91492.904.64$59,919
May 201118,47798.134.40$81,388
Apr 201113,172105.964.33$57,078
Mar 201116,08896.364.06$65,274
Feb 201116,01585.644.18$66,942
Jan 201117,51986.504.59$80,391
Dec 201017,43985.734.35$75,820
Nov 201017,88080.843.80$67,861
Oct 201019,57678.103.51$68,690
Sep 201020,71372.633.98$82,427
Aug 201022,41073.684.42$99,038
Jul 201023,63772.554.74$111,956
Jun 201023,18270.364.91$113,833
May 201025,70271.124.24$108,854
Apr 201025,60481.694.12$105,557
Mar 201029,41278.394.39$129,080
Feb 201030,53573.585.44$166,182
Jan 201034,22474.365.96$204,115
Dec 200920,94671.445.48$114,863
Nov 200910,42574.593.75$39,109
Oct 200919,81972.544.11$81,461
Sep 200920,21865.543.06$61,963
Aug 200926,29667.423.22$84,634
Jul 200941,46161.133.46$143,642
Jun 200944,41566.163.90$172,996
May 200948,51654.743.93$190,462
Apr 200929,06646.773.59$104,274

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                5,150 Mcf  × $  3.05 =    $15,686

────────────────────────────────────────────────────
Month total                                  $15,686

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/251274 is the state's own key, not one this site invented.