DON MATTHEWS

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 251275District 09Field 65280200GasSaveExport
Value, all time
$6.4 M
Apr 2009 – May 2026
Value, last 12 filed months
$111 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
GasProduction1,769,690 Mcf$6,426,310
Total$6,426,310

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 20263,447106.413.05$10,499
Apr 20263,22898.932.87$9,263
Mar 20262,42689.753.15$7,641
Feb 20262,23863.503.75$8,393
Jan 20262,39359.138.00$19,139
Dec 20252,41656.664.41$10,663
Nov 20252,30358.593.93$9,043
Oct 20252,38359.383.30$7,875
Sep 20252,29662.743.08$7,065
Aug 20252,22063.933.01$6,693
Jul 20252,34166.743.32$7,761
Jun 20252,13066.483.13$6,664
May 20252,58760.553.23$8,362
Apr 20252,48862.363.54$8,815
Mar 20252,35567.704.27$10,052
Feb 20252,13370.884.34$9,259
Jan 20252,42674.324.28$10,380
Dec 20242,19468.993.12$6,848
Nov 20242,46569.052.20$5,419
Oct 20242,46471.372.28$5,621
Sep 20242,38869.612.36$5,646
Aug 20242,53675.632.06$5,233
Jul 20242,64379.932.15$5,673
Jun 20242,59678.082.63$6,838
May 20242,68378.812.20$5,898
Apr 20242,31584.451.66$3,841
Mar 20242,44880.301.55$3,782
Feb 20242,77976.091.78$4,957
Jan 20243,33573.023.30$10,998
Dec 20234,01471.262.61$10,479
Nov 20234,45377.892.81$12,502
Oct 20234,69885.443.09$14,504
Sep 20234,13589.042.74$11,309
Aug 20234,87380.522.67$13,025
Jul 20234,90874.852.64$12,966
Jun 20234,65668.962.26$10,515
May 20234,81770.622.23$10,729
Apr 20234,75178.122.24$10,632
Mar 20234,94272.852.39$11,827
Feb 20234,55575.112.47$11,231
Jan 20235,26176.533.39$17,823
Dec 20224,68876.415.73$26,858
Nov 20224,71885.005.65$26,639
Oct 20224,84587.185.86$28,410
Sep 20224,59784.888.16$37,528
Aug 20225,18394.529.13$47,306
Jul 20225,199101.587.54$39,211
Jun 20224,516115.097.98$36,025
May 20225,040109.378.43$42,503
Apr 20224,217104.226.84$28,834
Mar 20224,682108.885.08$23,768
Feb 20224,98791.054.86$24,231
Jan 20225,70381.844.54$25,878
Dec 20215,66271.323.90$22,077
Nov 20215,49877.435.24$28,792
Oct 20215,73979.795.71$32,792
Sep 20215,57469.865.35$29,826
Aug 20215,50266.024.22$23,222
Jul 20213,93470.783.98$15,666
Jun 20212,97869.493.38$10,067
May 20215,61563.483.02$16,944
Apr 20215,45260.362.76$15,039
Mar 20215,44761.302.72$14,799
Feb 20214,83557.805.55$26,824
Jan 20214,59650.412.81$12,916
Dec 20204,71844.642.68$12,623
Nov 20205,12038.772.71$13,858
Oct 20201,28836.972.48$3,192
Sep 202054637.091.99$1,087
Aug 20201,44939.982.39$3,456
Jul 202063738.371.83$1,163
Jun 20201,64934.901.69$2,787
May 202098316.921.81$1,784
Apr 20203,81814.751.80$6,889
Mar 20203,81830.341.86$7,087
Feb 20203,84849.881.98$7,622
Jan 20204,24957.252.09$8,901
Dec 20194,32559.012.30$9,966
Nov 20194,08655.302.75$11,239
Oct 20195,07453.472.42$12,272
Sep 20194,23255.052.66$11,246
Aug 20194,03953.112.30$9,307
Jul 20195,22156.272.46$12,844
Jun 20193,80952.782.49$9,489
May 20195,56158.482.74$15,239
Apr 20195,37262.632.75$14,777
Mar 20195,81056.803.06$17,791
Feb 20196,70050.852.79$18,708
Jan 20195,40646.033.23$17,452
Dec 20185,66946.594.19$23,727
Nov 20184,86452.934.24$20,610
Oct 20184,72561.443.40$16,056
Sep 20185,07259.543.11$15,764
Aug 20184,69059.403.07$14,382
Jul 20186,27665.142.93$18,400
Jun 20183,58360.183.08$11,025
May 20181,11665.382.90$3,237
Apr 201885263.842.90$2,471
Mar 20186,59861.222.79$18,388
Feb 20187,23061.782.77$19,999
Jan 20188,37462.874.01$33,574
Dec 20177,47257.272.92$21,830
Nov 20177,83255.423.12$24,423
Oct 20177,58049.292.98$22,616
Sep 20179,30347.523.09$28,721
Aug 20176,86245.373.00$20,616
Jul 20176,36643.873.09$19,654
Jun 20176,23442.493.09$19,246
May 20176,72145.373.26$21,933
Apr 20175,63247.933.21$18,088
Mar 20176,78446.772.98$20,241
Feb 20176,50050.452.95$19,192
Jan 20176,50449.413.42$22,236
Dec 20166,57348.763.72$24,470
Nov 20166,45042.492.64$17,056
Oct 20166,71946.193.09$20,763
Sep 20166,47441.553.10$20,073
Aug 20165,87841.442.92$17,189
Jul 20163,22041.622.92$9,416
Jun 20163,24645.352.69$8,718
May 20165,75842.521.99$11,464
Apr 20166,02736.561.99$12,000
Mar 201610,16433.011.79$18,234
Feb 20168,62626.472.06$17,801
Jan 20169,27027.352.36$21,918
Dec 20158,49132.362.00$16,994
Nov 20158,18338.792.17$17,735
Oct 20158,68043.552.43$21,063
Sep 20158,30342.992.76$22,903
Aug 20158,78340.162.87$25,229
Jul 20159,00448.152.95$26,518
Jun 20159,12056.152.88$26,292
May 20159,25655.212.96$27,356
Apr 20157,35549.822.71$19,907
Mar 20157,38842.892.93$21,682
Feb 20156,80744.662.98$20,259
Jan 20155,57343.433.10$17,280
Dec 20147,66754.693.59$27,535
Nov 20147,82470.464.25$33,266
Oct 20148,03478.303.90$31,340
Sep 20147,85586.164.05$31,777
Aug 20148,05989.394.04$32,519
Jul 20147,91896.564.18$33,094
Jun 20147,21498.164.74$34,172
May 20147,45194.734.73$35,218
Apr 20147,43995.944.81$35,775
Mar 20149,29695.895.06$47,008
Feb 20148,76597.406.19$54,273
Jan 20149,84590.404.86$47,854
Dec 20139,86991.824.35$42,974
Nov 20139,39788.853.74$35,129
Oct 201310,27197.423.78$38,818
Sep 201310,110104.113.72$37,586
Aug 20137,495104.253.52$26,402
Jul 201316,352102.523.72$60,792
Jun 201316,13094.403.93$63,446
May 201316,95694.834.15$70,352
Apr 201316,60793.964.28$71,121
Mar 201317,33793.623.91$67,837
Feb 201316,05991.233.42$54,920
Jan 201317,84991.603.42$61,042
Dec 201217,94086.773.42$61,358
Nov 201217,52086.953.62$63,509
Oct 201217,84389.383.40$60,660
Sep 201217,26294.672.92$50,377
Aug 201217,98392.662.91$52,297
Jul 201218,03385.133.02$54,474
Jun 201217,68679.822.52$44,552
May 201218,02891.612.49$44,859
Apr 201218,764101.652.00$37,468
Mar 201219,981105.052.22$44,399
Feb 201219,236101.102.57$49,441
Jan 201220,76498.092.73$56,770
Dec 201118,69896.873.24$60,577
Nov 201121,34695.723.31$70,683
Oct 201122,58884.983.65$82,413
Sep 201122,58783.623.99$90,027
Aug 201121,64283.404.15$89,800
Jul 201112,86694.144.52$58,119
Jun 201111,71292.904.64$54,342
May 20117,16698.134.40$31,565
Apr 201113,076105.964.33$56,662
Mar 201112,66696.364.06$51,390
Feb 201110,23685.644.18$42,786
Jan 201113,10586.504.59$60,136
Dec 201014,73285.734.35$64,051
Nov 201014,53380.843.80$55,158
Oct 201015,18378.103.51$53,275
Sep 201014,95872.633.98$59,525
Aug 201016,11373.684.42$71,209
Jul 201016,73072.554.74$79,241
Jun 201016,63370.364.91$81,675
May 201017,75571.124.24$75,196
Apr 201017,64381.694.12$72,737
Mar 201017,13378.394.39$75,191
Feb 201013,02673.585.44$70,892
Jan 201021,12674.365.96$125,997
Dec 200922,69071.445.48$124,426
Nov 200925,49174.593.75$95,629
Oct 200923,39772.544.11$96,168
Sep 200923,35065.543.06$71,562
Aug 200926,40967.423.22$84,997
Jul 200928,89961.133.46$100,121
Jun 200931,53666.163.90$122,833
May 200937,02054.743.93$145,331
Apr 200926,93546.773.59$96,629

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                3,447 Mcf  × $  3.05 =    $10,499

────────────────────────────────────────────────────
Month total                                  $10,499

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/251275 is the state's own key, not one this site invented.