CLIFTON, JOE

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 255657District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Jan 2010 – May 2026
Value, last 12 filed months
$271 k
at the published price for each month
Months reported
197
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
GasProduction2,690,307 Mcf$9,960,508
Total$9,960,508

Every month this lease reported (197)

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

197 months

May 20265,913106.413.05$18,010
Apr 20265,76898.932.87$16,553
Mar 20266,01789.753.15$18,950
Feb 20265,46563.503.75$20,496
Jan 20266,04359.138.00$48,331
Dec 20256,14756.664.41$27,129
Nov 20255,98058.593.93$23,480
Oct 20256,27059.383.30$20,721
Sep 20256,15062.743.08$18,923
Aug 20256,22563.933.01$18,767
Jul 20256,32066.743.32$20,952
Jun 20256,08166.483.13$19,026
May 20256,45560.553.23$20,865
Apr 20256,25762.363.54$22,169
Mar 20256,18667.704.27$26,404
Feb 20255,58870.884.34$24,257
Jan 20256,31674.324.28$27,024
Dec 20246,29768.993.12$19,655
Nov 20246,10369.052.20$13,417
Oct 20246,43371.372.28$14,676
Sep 20246,13769.612.36$14,510
Aug 20246,24775.632.06$12,892
Jul 20246,31479.932.15$13,554
Jun 20246,39478.082.63$16,842
May 20246,54978.812.20$14,398
Apr 20246,36384.451.66$10,557
Mar 20246,57180.301.55$10,153
Feb 20245,93576.091.78$10,586
Jan 20246,65373.023.30$21,939
Dec 20236,76671.262.61$17,664
Nov 20236,68677.892.81$18,771
Oct 20236,97185.443.09$21,521
Sep 20236,75889.042.74$18,483
Aug 20237,19580.522.67$19,231
Jul 20237,05974.852.64$18,648
Jun 20236,83868.962.26$15,443
May 20236,99970.622.23$15,590
Apr 20236,98178.122.24$15,622
Mar 20237,29872.852.39$17,465
Feb 20236,55875.112.47$16,170
Jan 20237,46176.533.39$25,276
Dec 20227,32676.415.73$41,971
Nov 20227,20785.005.65$40,692
Oct 20227,53587.185.86$44,183
Sep 20227,34384.888.16$59,946
Aug 20227,68094.529.13$70,097
Jul 20227,762101.587.54$58,542
Jun 20227,559115.097.98$60,300
May 20228,087109.378.43$68,198
Apr 20227,756104.226.84$53,032
Mar 20227,929108.885.08$40,251
Feb 20227,25391.054.86$35,241
Jan 20228,44981.844.54$38,339
Dec 20218,35871.323.90$32,589
Nov 20217,84177.435.24$41,062
Oct 20217,83979.795.71$44,791
Sep 20217,95669.865.35$42,572
Aug 20218,47766.024.22$35,778
Jul 20218,52970.783.98$33,963
Jun 20217,97569.493.38$26,960
May 20217,91563.483.02$23,885
Apr 20217,72460.362.76$21,306
Mar 20217,91061.302.72$21,491
Feb 20217,29857.805.55$40,489
Jan 20217,87650.412.81$22,134
Dec 20208,24444.642.68$22,056
Nov 20208,07638.772.71$21,858
Oct 20208,38736.972.48$20,787
Sep 20208,18637.091.99$16,299
Aug 20208,50639.982.39$20,288
Jul 20208,48338.371.83$15,482
Jun 20207,86634.901.69$13,296
May 20208,26116.921.81$14,992
Apr 20208,34114.751.80$15,050
Mar 20208,40130.341.86$15,594
Feb 20208,56849.881.98$16,970
Jan 20209,32657.252.09$19,536
Dec 20199,62259.012.30$22,173
Nov 20199,37155.302.75$25,777
Oct 20199,67153.472.42$23,390
Sep 20198,33755.052.66$22,154
Aug 20199,86553.112.30$22,733
Jul 201910,41856.272.46$25,629
Jun 20198,35152.782.49$20,804
May 20198,74558.482.74$23,964
Apr 20199,86062.632.75$27,122
Mar 201910,55656.803.06$32,324
Feb 20199,08250.852.79$25,359
Jan 20199,17446.033.23$29,615
Dec 201810,92946.594.19$45,743
Nov 20189,84452.934.24$41,711
Oct 20189,56861.443.40$32,513
Sep 20189,44459.543.11$29,352
Aug 20189,82759.403.07$30,135
Jul 20189,76065.142.93$28,615
Jun 20189,82860.183.08$30,240
May 201810,57665.382.90$30,679
Apr 201810,48563.842.90$30,415
Mar 201811,14861.222.79$31,068
Feb 201810,80961.782.77$29,899
Jan 201811,67562.874.01$46,809
Dec 201711,86157.272.92$34,652
Nov 201712,11055.423.12$37,763
Oct 201713,50949.292.98$40,307
Sep 20179,31147.523.09$28,746
Aug 20179,47445.373.00$28,464
Jul 20179,56543.873.09$29,530
Jun 20179,19042.493.09$28,372
May 20179,74045.373.26$31,786
Apr 20179,32047.933.21$29,932
Mar 20179,67746.772.98$28,873
Feb 20178,77650.452.95$25,912
Jan 20179,91049.413.42$33,880
Dec 20169,87148.763.72$36,748
Nov 20169,70742.492.64$25,669
Oct 201610,35246.193.09$31,990
Sep 201610,19141.553.10$31,599
Aug 201610,65741.442.92$31,165
Jul 201610,67441.622.92$31,214
Jun 201610,49945.352.69$28,199
May 201610,99142.521.99$21,884
Apr 201610,59436.561.99$21,093
Mar 201611,11733.011.79$19,944
Feb 201610,46226.472.06$21,590
Jan 201611,17927.352.36$26,431
Dec 201511,30432.362.00$22,624
Nov 201510,83038.792.17$23,472
Oct 201511,10143.552.43$26,937
Sep 201510,82042.992.76$29,846
Aug 201511,64340.162.87$33,444
Jul 201511,69648.152.95$34,446
Jun 201511,41256.152.88$32,899
May 201511,85055.212.96$35,022
Apr 201511,64049.822.71$31,504
Mar 201512,25642.892.93$35,968
Feb 201511,27144.662.98$33,545
Jan 201512,58143.433.10$39,009
Dec 201412,77054.693.59$45,862
Nov 201412,31170.464.25$52,344
Oct 201412,99378.303.90$50,685
Sep 201412,53186.164.05$50,693
Aug 201412,84589.394.04$51,831
Jul 201413,06796.564.18$54,615
Jun 201412,45198.164.74$58,979
May 201413,56794.734.73$64,125
Apr 201413,19395.944.81$63,447
Mar 201413,88495.895.06$70,209
Feb 201412,72897.406.19$78,812
Jan 201414,25690.404.86$69,294
Dec 201314,50491.824.35$63,157
Nov 201314,12688.853.74$52,807
Oct 201314,53697.423.78$54,937
Sep 201313,992104.113.72$52,019
Aug 201314,865104.253.52$52,364
Jul 201314,062102.523.72$52,279
Jun 201315,49294.403.93$60,936
May 201318,11994.834.15$75,177
Apr 201318,06193.964.28$77,348
Mar 201319,48693.623.91$76,246
Feb 201317,82291.233.42$60,950
Jan 201320,08491.603.42$68,685
Dec 201219,77486.773.42$67,630
Nov 201219,05886.953.62$69,084
Oct 201219,79189.383.40$67,283
Sep 201220,10094.672.92$58,660
Aug 201221,17792.662.91$61,586
Jul 201221,63585.133.02$65,355
Jun 201221,84779.822.52$55,033
May 201223,48091.612.49$58,426
Apr 201222,472101.652.00$44,872
Mar 201223,288105.052.22$51,748
Feb 201223,142101.102.57$59,480
Jan 201225,49798.092.73$69,711
Dec 201126,36796.873.24$85,422
Nov 201126,25695.723.31$86,941
Oct 201127,41284.983.65$100,014
Sep 201127,86483.623.99$111,060
Aug 201129,26283.404.15$121,417
Jul 201128,66394.144.52$129,478
Jun 201124,79292.904.64$115,032
May 201129,54398.134.40$130,132
Apr 201131,946105.964.33$138,431
Mar 201134,04696.364.06$138,136
Feb 201130,04685.644.18$125,592
Jan 201136,40386.504.59$167,045
Dec 201037,93885.734.35$164,945
Nov 201039,77080.843.80$150,940
Oct 201044,13978.103.51$154,879
Sep 201029,88972.633.98$118,942
Aug 201034,21273.684.42$151,195
Jul 201037,06172.554.74$175,539
Jun 201037,58570.364.91$184,557
May 201038,07571.124.24$161,256
Apr 201049,18681.694.12$202,779
Mar 201061,69578.394.39$270,759
Feb 201065,12473.585.44$354,428
Jan 201074,96574.365.96$447,098

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                5,913 Mcf  × $  3.05 =    $18,010

────────────────────────────────────────────────────
Month total                                  $18,010

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/255657 is the state's own key, not one this site invented.