MCMAHON

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 256708District 09Field 65280200GasSaveExport
Value, all time
$3.7 M
Apr 2010 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
194
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
GasProduction952,046 Mcf$3,675,095
Total$3,675,095

Every month this lease reported (194)

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

194 months

May 20261,393106.413.05$4,243
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202631059.138.00$2,479
Dec 20251,33056.664.41$5,870
Nov 20251,36058.593.93$5,340
Oct 20251,16559.383.30$3,850
Sep 20251,42962.743.08$4,397
Aug 20251,35563.933.01$4,085
Jul 20252,25866.743.32$7,486
Jun 20251,05266.483.13$3,291
May 20251,18760.553.23$3,837
Apr 20251,06662.363.54$3,777
Mar 202543467.704.27$1,852
Feb 202535570.884.34$1,541
Jan 20251,16574.324.28$4,985
Dec 20241,13868.993.12$3,552
Nov 20241,02869.052.20$2,260
Oct 20247971.372.28$180
Sep 202435269.612.36$832
Aug 20241,25175.632.06$2,582
Jul 202434679.932.15$743
Jun 202438378.082.63$1,009
May 20241,42478.812.20$3,131
Apr 20241,11884.451.66$1,855
Mar 202445280.301.55$698
Feb 202489576.091.78$1,596
Jan 20247073.023.30$231
Dec 202359871.262.61$1,561
Nov 202360777.892.81$1,704
Oct 202361585.443.09$1,899
Sep 202362789.042.74$1,715
Aug 202331380.522.67$837
Jul 202327874.852.64$734
Jun 20231,06268.962.26$2,399
May 20232,18970.622.23$4,876
Apr 20231,85878.122.24$4,158
Mar 20231,58172.852.39$3,784
Feb 202384975.112.47$2,093
Jan 202395776.533.39$3,242
Dec 20221,63376.415.73$9,356
Nov 20221,63185.005.65$9,209
Oct 20222,08087.185.86$12,197
Sep 20221,96584.888.16$16,042
Aug 20222,17994.529.13$19,888
Jul 20221,906101.587.54$14,375
Jun 20221,970115.097.98$15,715
May 20221,897109.378.43$15,997
Apr 20222,074104.226.84$14,181
Mar 20222,074108.885.08$10,528
Feb 20221,61391.054.86$7,837
Jan 20223,06181.844.54$13,890
Dec 20213,10671.323.90$12,111
Nov 20212,65077.435.24$13,878
Oct 20212,86479.795.71$16,365
Sep 20213,01669.865.35$16,138
Aug 20213,33966.024.22$14,093
Jul 20213,10970.783.98$12,380
Jun 20213,52169.493.38$11,903
May 20213,58663.483.02$10,821
Apr 20213,23360.362.76$8,918
Mar 202112561.302.72$340
Feb 20211,52657.805.55$8,466
Jan 20212,74250.412.81$7,706
Dec 20203,74244.642.68$10,012
Nov 20202,58738.772.71$7,002
Oct 20201,49936.972.48$3,715
Sep 20201,47637.091.99$2,939
Aug 20201,63539.982.39$3,900
Jul 20201,41238.371.83$2,577
Jun 20201,58134.901.69$2,672
May 202079216.921.81$1,437
Apr 20202,22214.751.80$4,009
Mar 20202,98030.341.86$5,532
Feb 20202,84649.881.98$5,637
Jan 20205,71157.252.09$11,963
Dec 20197,80259.012.30$17,979
Nov 20197,13255.302.75$19,618
Oct 20196,04753.472.42$14,625
Sep 20195,54055.052.66$14,721
Aug 20195,75953.112.30$13,271
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018560.183.08$15
May 20183865.382.90$110
Apr 20183263.842.90$93
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 201862862.874.01$2,518
Dec 201764757.272.92$1,890
Nov 201767555.423.12$2,105
Oct 20171,67749.292.98$5,004
Sep 201761147.523.09$1,886
Aug 201793745.373.00$2,815
Jul 20171,71543.873.09$5,295
Jun 201768242.493.09$2,106
May 201769945.373.26$2,281
Apr 201771247.933.21$2,287
Mar 20174,43046.772.98$13,218
Feb 20175,46450.452.95$16,133
Jan 20175,38449.413.42$18,407
Dec 20164,69248.763.72$17,468
Nov 201694642.492.64$2,502
Oct 20162,27646.193.09$7,033
Sep 20162,36241.553.10$7,324
Aug 201691341.442.92$2,670
Jul 20162,23741.622.92$6,542
Jun 20161,60945.352.69$4,322
May 20162,14342.521.99$4,267
Apr 20161,96336.561.99$3,908
Mar 20162,58833.011.79$4,643
Feb 20162,54026.472.06$5,242
Jan 20162,29527.352.36$5,426
Dec 20153,30632.362.00$6,617
Nov 20151,75438.792.17$3,802
Oct 20151,74643.552.43$4,237
Sep 20152,47642.992.76$6,830
Aug 20151,00140.162.87$2,875
Jul 20151,93248.152.95$5,690
Jun 20152,12856.152.88$6,135
May 20152,08455.212.96$6,159
Apr 20157,24949.822.71$19,620
Mar 201551242.892.93$1,503
Feb 20153,15144.662.98$9,378
Jan 20154,74943.433.10$14,725
Dec 20141,19754.693.59$4,299
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014796.564.18$29
Jun 2014198.164.74$5
May 201484794.734.73$4,003
Apr 20142,58395.944.81$12,422
Mar 20142,17495.895.06$10,993
Feb 20141,73097.406.19$10,712
Jan 20141,34590.404.86$6,538
Dec 20131,45791.824.35$6,344
Nov 20132,02188.853.74$7,555
Oct 20133,48397.423.78$13,164
Sep 20135,259104.113.72$19,552
Aug 20133,912104.253.52$13,780
Jul 20134,962102.523.72$18,447
Jun 20134,84794.403.93$19,065
May 20137,21194.834.15$29,919
Apr 20135,42993.964.28$23,250
Mar 20139,06993.623.91$35,486
Feb 20137,25691.233.42$24,815
Jan 20132,96291.603.42$10,130
Dec 20128,35186.773.42$28,562
Nov 20126,55786.953.62$23,769
Oct 20129,75489.383.40$33,160
Sep 20127,33594.672.92$21,406
Aug 201282392.662.91$2,393
Jul 20123,99985.133.02$12,080
Jun 20122,55479.822.52$6,434
May 20123,08491.612.49$7,674
Apr 20125,694101.652.00$11,370
Mar 20126,901105.052.22$15,335
Feb 20123,844101.102.57$9,880
Jan 20128,75298.092.73$23,929
Dec 201110,87196.873.24$35,219
Nov 201112,74495.723.31$42,199
Oct 201131,44684.983.65$114,732
Sep 201113,20583.623.99$52,632
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 20118,31698.134.40$36,630
Apr 201124,912105.964.33$107,951
Mar 201127,12496.364.06$110,051
Feb 201124,14485.644.18$100,921
Jan 201128,86986.504.59$132,473
Dec 201031,52085.734.35$137,041
Nov 201032,71480.843.80$124,160
Oct 201036,12678.103.51$126,762
Sep 201040,53172.633.98$161,292
Aug 201044,89573.684.42$198,407
Jul 201048,99772.554.74$232,074
Jun 201051,75870.364.91$254,152
May 201061,04271.124.24$258,526
Apr 201050,85281.694.12$209,647

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                1,393 Mcf  × $  3.05 =     $4,243

────────────────────────────────────────────────────
Month total                                   $4,243

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/256708 is the state's own key, not one this site invented.