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 256868District 09Field 65280200GasSaveExport
Value, all time
$7.3 M
Apr 2010 – May 2026
Value, last 12 filed months
$268 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
GasProduction2,043,905 Mcf$7,253,152
Total$7,253,152

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 20265,683106.413.05$17,310
Apr 20265,55898.932.87$15,950
Mar 20265,93789.753.15$18,698
Feb 20265,54963.503.75$20,811
Jan 20265,86259.138.00$46,884
Dec 20256,10656.664.41$26,948
Nov 20256,08858.593.93$23,904
Oct 20256,14359.383.30$20,302
Sep 20256,00462.743.08$18,474
Aug 20256,27163.933.01$18,906
Jul 20256,31366.743.32$20,929
Jun 20255,93866.483.13$18,578
May 20256,08260.553.23$19,659
Apr 20255,86262.363.54$20,770
Mar 20256,17567.704.27$26,357
Feb 20255,57870.884.34$24,213
Jan 20256,13074.324.28$26,228
Dec 20246,08668.993.12$18,997
Nov 20245,93269.052.20$13,041
Oct 20246,08571.372.28$13,882
Sep 20245,83369.612.36$13,791
Aug 20246,55675.632.06$13,529
Jul 20246,30179.932.15$13,526
Jun 20246,00378.082.63$15,812
May 20246,40078.812.20$14,070
Apr 20246,50784.451.66$10,796
Mar 20246,51180.301.55$10,060
Feb 20246,10776.091.78$10,893
Jan 20246,85673.023.30$22,609
Dec 20236,73771.262.61$17,588
Nov 20236,38577.892.81$17,926
Oct 20234,80685.443.09$14,837
Sep 20236,07689.042.74$16,618
Aug 20236,38480.522.67$17,064
Jul 20236,24374.852.64$16,493
Jun 20235,83268.962.26$13,171
May 20236,09770.622.23$13,580
Apr 20235,86678.122.24$13,127
Mar 20235,84472.852.39$13,986
Feb 20235,89175.112.47$14,525
Jan 20236,37876.533.39$21,607
Dec 20226,38176.415.73$36,557
Nov 20226,54485.005.65$36,949
Oct 20227,06787.185.86$41,439
Sep 20227,03484.888.16$57,423
Aug 20227,19794.529.13$65,688
Jul 20226,982101.587.54$52,659
Jun 20226,967115.097.98$55,577
May 20227,054109.378.43$59,487
Apr 20226,958104.226.84$47,576
Mar 20227,509108.885.08$38,119
Feb 20227,86991.054.86$38,234
Jan 20228,31781.844.54$37,740
Dec 20218,02471.323.90$31,287
Nov 20217,62777.435.24$39,941
Oct 20218,43779.795.71$48,208
Sep 20217,79469.865.35$41,705
Aug 20218,06866.024.22$34,052
Jul 20218,04470.783.98$32,032
Jun 20218,42569.493.38$28,482
May 20218,67763.483.02$26,184
Apr 20218,10460.362.76$22,354
Mar 20218,67861.302.72$23,578
Feb 20216,96357.805.55$38,630
Jan 20218,18050.412.81$22,988
Dec 20208,40044.642.68$22,474
Nov 20207,87738.772.71$21,320
Oct 20208,15336.972.48$20,207
Sep 20208,13237.091.99$16,191
Aug 20208,79739.982.39$20,982
Jul 20208,39638.371.83$15,324
Jun 20208,21234.901.69$13,881
May 20208,59416.921.81$15,596
Apr 20208,45114.751.80$15,249
Mar 20208,82530.341.86$16,381
Feb 20208,13849.881.98$16,119
Jan 20209,02057.252.09$18,895
Dec 20199,00159.012.30$20,742
Nov 20198,02455.302.75$22,072
Oct 20198,35453.472.42$20,204
Sep 20199,10655.052.66$24,197
Aug 20198,26653.112.30$19,048
Jul 20198,09256.272.46$19,907
Jun 20197,55752.782.49$18,826
May 20197,76958.482.74$21,290
Apr 20197,93362.632.75$21,821
Mar 20198,45456.803.06$25,887
Feb 20197,66450.852.79$21,400
Jan 20197,64346.033.23$24,673
Dec 20187,34446.594.19$30,738
Nov 20187,42152.934.24$31,445
Oct 20188,13661.443.40$27,647
Sep 20187,03759.543.11$21,871
Aug 201810,85359.403.07$33,281
Jul 20188,68565.142.93$25,463
Jun 20188,02060.183.08$24,677
May 20189,09165.382.90$26,371
Apr 20189,03063.842.90$26,194
Mar 20189,64161.222.79$26,868
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 20179,80357.272.92$28,640
Nov 20179,05955.423.12$28,249
Oct 20178,98449.292.98$26,805
Sep 20178,98947.523.09$27,752
Aug 201710,64045.373.00$31,967
Jul 201711,04643.873.09$34,102
Jun 20179,63842.493.09$29,755
May 20179,76145.373.26$31,854
Apr 20179,43547.933.21$30,301
Mar 201710,15746.772.98$30,305
Feb 20179,45350.452.95$27,911
Jan 20179,72749.413.42$33,255
Dec 20169,38848.763.72$34,950
Nov 20169,62742.492.64$25,457
Oct 201610,95446.193.09$33,851
Sep 20169,51541.553.10$29,502
Aug 201610,01341.442.92$29,281
Jul 201610,54341.622.92$30,831
Jun 201610,75345.352.69$28,881
May 201610,70142.521.99$21,306
Apr 201611,80836.561.99$23,510
Mar 201612,37833.011.79$22,206
Feb 201611,64226.472.06$24,025
Jan 201611,03827.352.36$26,098
Dec 201512,55432.362.00$25,126
Nov 201512,03238.792.17$26,077
Oct 20153,54243.552.43$8,595
Sep 20153,52042.992.76$9,710
Aug 20154,53140.162.87$13,015
Jul 20154,98048.152.95$14,667
Jun 20156,97956.152.88$20,119
May 20159,64855.212.96$28,514
Apr 201510,67949.822.71$28,903
Mar 201510,12442.892.93$29,711
Feb 20159,08844.662.98$27,048
Jan 201510,50443.433.10$32,569
Dec 201410,67854.693.59$38,349
Nov 201410,13270.464.25$43,080
Oct 201410,56378.303.90$41,206
Sep 201410,20786.164.05$41,292
Aug 201411,41389.394.04$46,053
Jul 201410,94696.564.18$45,750
Jun 201410,57898.164.74$50,107
May 201411,26194.734.73$53,226
Apr 201411,23795.944.81$54,040
Mar 201411,71695.895.06$59,245
Feb 201410,29897.406.19$63,765
Jan 201412,30590.404.86$59,811
Dec 201313,86791.824.35$60,384
Nov 201313,00588.853.74$48,616
Oct 201313,97697.423.78$52,820
Sep 201312,545104.113.72$46,639
Aug 201313,155104.253.52$46,340
Jul 201313,643102.523.72$50,721
Jun 201313,03094.403.93$51,252
May 201313,78494.834.15$57,191
Apr 201313,53193.964.28$57,948
Mar 201314,24793.623.91$55,747
Feb 201312,67991.233.42$43,361
Jan 201315,32791.603.42$52,417
Dec 201214,70686.773.42$50,297
Nov 201216,48986.953.62$59,772
Oct 201216,32889.383.40$55,510
Sep 201214,97994.672.92$43,715
Aug 201215,96792.662.91$46,435
Jul 201216,49785.133.02$49,834
Jun 201215,36679.822.52$38,708
May 201217,08591.612.49$42,513
Apr 201215,507101.652.00$30,964
Mar 201216,583105.052.22$36,849
Feb 201216,102101.102.57$41,386
Jan 201218,22898.092.73$49,837
Dec 201117,90796.873.24$58,014
Nov 201117,68495.723.31$58,557
Oct 201119,66384.983.65$71,741
Sep 201120,36483.623.99$81,167
Aug 201121,08883.404.15$87,501
Jul 201120,96894.144.52$94,717
Jun 201120,94492.904.64$97,178
May 201123,06198.134.40$101,580
Apr 201121,987105.964.33$95,276
Mar 201124,52496.364.06$99,502
Feb 201114,16685.644.18$59,214
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 20101,92580.843.80$7,306
Oct 201029,31878.103.51$102,874
Sep 201032,08272.633.98$127,669
Aug 201034,85573.684.42$154,037
Jul 201038,20672.554.74$180,962
Jun 201039,59470.364.91$194,422
May 201047,13771.124.24$199,636
Apr 201051,22881.694.12$211,197

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                5,683 Mcf  × $  3.05 =    $17,310

────────────────────────────────────────────────────
Month total                                  $17,310

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/256868 is the state's own key, not one this site invented.