MOERTLE, LAWRENCE GAS UNIT

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 258114District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Apr 2010 – May 2026
Value, last 12 filed months
$195 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
GasProduction2,110,230 Mcf$7,504,927
Total$7,504,927

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 20264,215106.413.05$12,838
Apr 20264,10998.932.87$11,792
Mar 20264,39089.753.15$13,826
Feb 20263,98463.503.75$14,941
Jan 20264,38859.138.00$35,095
Dec 20254,39256.664.41$19,383
Nov 20254,22458.593.93$16,585
Oct 20254,40959.383.30$14,571
Sep 20254,33662.743.08$13,342
Aug 20254,53663.933.01$13,675
Jul 20254,67766.743.32$15,505
Jun 20254,23466.483.13$13,247
May 20254,23160.553.23$13,676
Apr 20254,00262.363.54$14,180
Mar 20254,09067.704.27$17,457
Feb 20253,89070.884.34$16,886
Jan 20254,38774.324.28$18,771
Dec 20243,81368.993.12$11,902
Nov 20244,54469.052.20$9,990
Oct 20244,84671.372.28$11,056
Sep 20244,53669.612.36$10,725
Aug 20244,32075.632.06$8,915
Jul 20244,36279.932.15$9,363
Jun 20245,05278.082.63$13,307
May 20243,79278.812.20$8,336
Apr 20244,12684.451.66$6,846
Mar 20244,38680.301.55$6,777
Feb 20244,04776.091.78$7,218
Jan 20245,62373.023.30$18,543
Dec 20233,31671.262.61$8,657
Nov 20234,58377.892.81$12,867
Oct 20234,65385.443.09$14,365
Sep 20235,02789.042.74$13,749
Aug 20235,76780.522.67$15,415
Jul 20235,38074.852.64$14,213
Jun 20234,74468.962.26$10,714
May 20234,76270.622.23$10,607
Apr 20236,22178.122.24$13,921
Mar 20236,57472.852.39$15,733
Feb 20236,06975.112.47$14,964
Jan 20236,97076.533.39$23,612
Dec 20226,99776.415.73$40,086
Nov 20226,91385.005.65$39,032
Oct 20227,42387.185.86$43,527
Sep 20225,72184.888.16$46,704
Aug 20225,19994.529.13$47,452
Jul 20224,974101.587.54$37,514
Jun 20225,885115.097.98$46,946
May 20226,314109.378.43$53,246
Apr 20226,041104.226.84$41,306
Mar 20226,023108.885.08$30,575
Feb 20224,88591.054.86$23,735
Jan 20225,51381.844.54$25,016
Dec 20215,44671.323.90$21,235
Nov 20215,22877.435.24$27,378
Oct 20215,41379.795.71$30,929
Sep 20214,42869.865.35$23,694
Aug 20215,27966.024.22$22,280
Jul 20215,29370.783.98$21,077
Jun 20215,77669.493.38$19,526
May 20215,80463.483.02$17,515
Apr 20215,55960.362.76$15,334
Mar 20216,18361.302.72$16,799
Feb 20215,93657.805.55$32,933
Jan 20216,26650.412.81$17,609
Dec 20205,99344.642.68$16,034
Nov 20205,35638.772.71$14,496
Oct 20205,43636.972.48$13,473
Sep 20206,48537.091.99$12,912
Aug 20205,53239.982.39$13,194
Jul 20205,99538.371.83$10,942
Jun 20205,97034.901.69$10,091
May 20206,44116.921.81$11,689
Apr 20206,50514.751.80$11,737
Mar 20206,40030.341.86$11,880
Feb 20205,90049.881.98$11,686
Jan 20206,21457.252.09$13,017
Dec 20196,58859.012.30$15,181
Nov 20196,35655.302.75$17,483
Oct 20196,48553.472.42$15,684
Sep 20196,87855.052.66$18,277
Aug 20197,07953.112.30$16,313
Jul 20197,51756.272.46$18,492
Jun 20196,18052.782.49$15,396
May 20196,00958.482.74$16,467
Apr 20195,61062.632.75$15,431
Mar 20197,29256.803.06$22,329
Feb 20196,14450.852.79$17,155
Jan 20196,68746.033.23$21,587
Dec 20186,71446.594.19$28,101
Nov 20187,10352.934.24$30,097
Oct 20187,65161.443.40$25,999
Sep 20187,26359.543.11$22,573
Aug 20187,85059.403.07$24,073
Jul 20188,14165.142.93$23,868
Jun 20188,25060.183.08$25,385
May 20188,36665.382.90$24,268
Apr 20187,74263.842.90$22,458
Mar 20187,48761.222.79$20,865
Feb 20186,81061.782.77$18,837
Jan 20187,83262.874.01$31,401
Dec 20177,81457.272.92$22,829
Nov 20178,18855.423.12$25,533
Oct 20178,75049.292.98$26,107
Sep 20178,74347.523.09$26,992
Aug 20179,44645.373.00$28,380
Jul 20178,58343.873.09$26,498
Jun 20178,73842.493.09$26,977
May 20179,58245.373.26$31,270
Apr 20179,76647.933.21$31,364
Mar 201710,58946.772.98$31,594
Feb 20179,99550.452.95$29,511
Jan 201710,74549.413.42$36,735
Dec 201610,64648.763.72$39,633
Nov 201610,50042.492.64$27,766
Oct 201611,62846.193.09$35,934
Sep 201611,82441.553.10$36,662
Aug 201611,29041.442.92$33,016
Jul 201612,00141.622.92$35,095
Jun 201610,51945.352.69$28,252
May 201613,07042.521.99$26,023
Apr 201612,44336.561.99$24,775
Mar 20168,60333.011.79$15,434
Feb 20168,00926.472.06$16,528
Jan 20168,75627.352.36$20,702
Dec 20159,00132.362.00$18,015
Nov 20158,70738.792.17$18,871
Oct 20159,90643.552.43$24,038
Sep 20159,72642.992.76$26,828
Aug 201510,39140.162.87$29,848
Jul 201510,75748.152.95$31,680
Jun 201511,11556.152.88$32,043
May 201510,76955.212.96$31,827
Apr 201510,75849.822.71$29,117
Mar 201511,45442.892.93$33,614
Feb 201510,71144.662.98$31,878
Jan 201512,26243.433.10$38,020
Dec 201412,38254.693.59$44,468
Nov 201411,97270.464.25$50,903
Oct 201412,07378.303.90$47,096
Sep 201411,51986.164.05$46,599
Aug 201412,78789.394.04$51,597
Jul 201412,75096.564.18$53,290
Jun 201413,33798.164.74$63,176
May 201413,80394.734.73$65,241
Apr 201412,07695.944.81$58,075
Mar 201412,53295.895.06$63,372
Feb 201411,46897.406.19$71,010
Jan 201413,14590.404.86$63,894
Dec 201313,75991.824.35$59,913
Nov 201314,49088.853.74$54,168
Oct 201314,35697.423.78$54,256
Sep 201313,718104.113.72$51,000
Aug 201314,503104.253.52$51,088
Jul 201315,237102.523.72$56,647
Jun 201315,03994.403.93$59,155
May 201316,44894.834.15$68,244
Apr 201316,89693.964.28$72,359
Mar 201317,36093.623.91$67,927
Feb 201316,24191.233.42$55,543
Jan 201318,66291.603.42$63,822
Dec 201219,41586.773.42$66,402
Nov 201219,80986.953.62$71,807
Oct 201219,49489.383.40$66,273
Sep 201214,47594.672.92$42,244
Aug 201215,61492.662.91$45,408
Jul 201214,47985.133.02$43,738
Jun 201216,83979.822.52$42,418
May 201218,40291.612.49$45,790
Apr 201218,403101.652.00$36,747
Mar 201220,276105.052.22$45,055
Feb 201220,509101.102.57$52,713
Jan 201223,32098.092.73$63,759
Dec 201124,40796.873.24$79,072
Nov 201124,46895.723.31$81,020
Oct 201126,68784.983.65$97,369
Sep 201127,47683.623.99$109,514
Aug 201128,06883.404.15$116,463
Jul 201130,14094.144.52$136,150
Jun 201131,39992.904.64$145,688
May 201134,01398.134.40$149,821
Apr 201135,625105.964.33$154,373
Mar 201140,15896.364.06$162,935
Feb 201139,74785.644.18$166,142
Jan 201149,45386.504.59$226,929
Dec 201057,42485.734.35$249,665
Nov 201065,57680.843.80$248,883
Oct 201074,97578.103.51$263,079
Sep 201026,47472.633.98$105,352
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0

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                4,215 Mcf  × $  3.05 =    $12,838

────────────────────────────────────────────────────
Month total                                  $12,838

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/258114 is the state's own key, not one this site invented.