MOERTLE-HART-NEELEY (SA)

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 258692District 09Field 65280200GasSaveExport
Value, all time
$7.2 M
Oct 2010 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
188
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
GasProduction2,048,964 Mcf$7,249,984
Total$7,249,984

Every month this lease reported (188)

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

188 months

May 20265,061106.413.05$15,415
Apr 20264,89598.932.87$14,047
Mar 20265,09289.753.15$16,037
Feb 20264,72563.503.75$17,720
Jan 20265,24859.138.00$41,973
Dec 20254,87356.664.41$21,506
Nov 20254,80058.593.93$18,847
Oct 20255,35259.383.30$17,688
Sep 20255,11162.743.08$15,726
Aug 20255,13463.933.01$15,478
Jul 20255,22766.743.32$17,329
Jun 20255,16166.483.13$16,147
May 20255,39660.553.23$17,442
Apr 20255,38562.363.54$19,080
Mar 20255,09367.704.27$21,739
Feb 20254,56870.884.34$19,829
Jan 20255,30874.324.28$22,711
Dec 20245,47068.993.12$17,074
Nov 20245,26269.052.20$11,568
Oct 20245,33571.372.28$12,171
Sep 20245,12669.612.36$12,120
Aug 20245,31775.632.06$10,972
Jul 20245,31679.932.15$11,411
Jun 20245,23378.082.63$13,784
May 20244,83978.812.20$10,638
Apr 20244,73584.451.66$7,856
Mar 20244,96180.301.55$7,665
Feb 20244,65176.091.78$8,296
Jan 20245,05173.023.30$16,656
Dec 20234,75371.262.61$12,409
Nov 20235,45777.892.81$15,321
Oct 20235,31885.443.09$16,418
Sep 20235,44489.042.74$14,890
Aug 20235,32180.522.67$14,222
Jul 20235,28674.852.64$13,965
Jun 20235,68668.962.26$12,842
May 20235,76270.622.23$12,834
Apr 20235,61278.122.24$12,558
Mar 20235,79972.852.39$13,878
Feb 20235,19075.112.47$12,797
Jan 20235,93276.533.39$20,096
Dec 20226,25976.415.73$35,858
Nov 20225,93285.005.65$33,493
Oct 20226,13787.185.86$35,986
Sep 20225,81484.888.16$47,464
Aug 20226,44994.529.13$58,861
Jul 20226,435101.587.54$48,533
Jun 20226,316115.097.98$50,384
May 20226,417109.378.43$54,115
Apr 20226,162104.226.84$42,133
Mar 20226,362108.885.08$32,296
Feb 20225,37491.054.86$26,111
Jan 20226,10381.844.54$27,693
Dec 20216,23971.323.90$24,327
Nov 20215,95377.435.24$31,175
Oct 20216,37979.795.71$36,449
Sep 20215,95569.865.35$31,865
Aug 20216,42166.024.22$27,100
Jul 20216,24070.783.98$24,848
Jun 20216,14469.493.38$20,771
May 20216,45663.483.02$19,482
Apr 20216,17360.362.76$17,028
Mar 20216,39361.302.72$17,369
Feb 20216,32057.805.55$35,063
Jan 20216,93550.412.81$19,489
Dec 20206,96144.642.68$18,624
Nov 20206,79838.772.71$18,399
Oct 20207,00936.972.48$17,371
Sep 20206,65437.091.99$13,248
Aug 20206,59639.982.39$15,732
Jul 20206,56038.371.83$11,973
Jun 20206,41234.901.69$10,838
May 20207,37816.921.81$13,389
Apr 20207,29714.751.80$13,167
Mar 20207,57230.341.86$14,055
Feb 20206,80249.881.98$13,473
Jan 20207,15457.252.09$14,986
Dec 20197,38959.012.30$17,027
Nov 20197,20355.302.75$19,813
Oct 20197,56353.472.42$18,291
Sep 20197,46555.052.66$19,837
Aug 20198,21753.112.30$18,935
Jul 20198,16356.272.46$20,081
Jun 20198,10052.782.49$20,179
May 20198,41558.482.74$23,060
Apr 20197,55662.632.75$20,784
Mar 20197,75756.803.06$23,753
Feb 20196,54850.852.79$18,283
Jan 20197,83246.033.23$25,283
Dec 20187,48646.594.19$31,332
Nov 20187,77452.934.24$32,940
Oct 20188,22561.443.40$27,949
Sep 20188,04459.543.11$25,001
Aug 20188,44459.403.07$25,894
Jul 20188,40865.142.93$24,651
Jun 20188,00660.183.08$24,634
May 20187,20565.382.90$20,900
Apr 20187,76963.842.90$22,536
Mar 20188,02461.222.79$22,362
Feb 20186,98461.782.77$19,319
Jan 20187,91462.874.01$31,730
Dec 20178,35957.272.92$24,421
Nov 20178,10855.423.12$25,284
Oct 20178,27349.292.98$24,684
Sep 20178,03047.523.09$24,791
Aug 20178,29545.373.00$24,922
Jul 20178,53943.873.09$26,362
Jun 20178,63242.493.09$26,649
May 20178,61745.373.26$28,121
Apr 20179,36847.933.21$30,086
Mar 20179,65946.772.98$28,819
Feb 20179,24050.452.95$27,282
Jan 20179,93949.413.42$33,979
Dec 201610,05748.763.72$37,441
Nov 20169,10642.492.64$24,079
Oct 20169,98246.193.09$30,847
Sep 20169,66341.553.10$29,961
Aug 201610,59341.442.92$30,978
Jul 20169,83541.622.92$28,761
Jun 20169,64745.352.69$25,910
May 20169,92542.521.99$19,761
Apr 20169,94836.561.99$19,807
Mar 201610,03833.011.79$18,008
Feb 20169,59326.472.06$19,796
Jan 201610,35027.352.36$24,471
Dec 201510,64532.362.00$21,305
Nov 201510,54038.792.17$22,844
Oct 201510,81343.552.43$26,239
Sep 201511,51342.992.76$31,758
Aug 201510,67840.162.87$30,672
Jul 201511,38748.152.95$33,536
Jun 201511,07556.152.88$31,928
May 201512,62255.212.96$37,304
Apr 201511,67049.822.71$31,586
Mar 201512,10242.892.93$35,516
Feb 201511,22244.662.98$33,399
Jan 201512,85043.433.10$39,843
Dec 201412,79154.693.59$45,937
Nov 201412,24670.464.25$52,068
Oct 201412,65778.303.90$49,374
Sep 201412,43886.164.05$50,317
Aug 201413,14989.394.04$53,058
Jul 201413,97096.564.18$58,389
Jun 201413,62398.164.74$64,531
May 201413,55994.734.73$64,087
Apr 201413,08695.944.81$62,932
Mar 201413,36795.895.06$67,594
Feb 201412,33197.406.19$76,354
Jan 201413,80590.404.86$67,102
Dec 201314,09691.824.35$61,381
Nov 201314,21688.853.74$53,143
Oct 201314,82397.423.78$56,021
Sep 201314,812104.113.72$55,067
Aug 201315,129104.253.52$53,294
Jul 201315,267102.523.72$56,759
Jun 201315,18594.403.93$59,729
May 201316,32394.834.15$67,725
Apr 201316,12093.964.28$69,035
Mar 201317,39093.623.91$68,045
Feb 201315,83491.233.42$54,151
Jan 201318,12991.603.42$62,000
Dec 201219,42686.773.42$66,440
Nov 201219,28786.953.62$69,915
Oct 201217,67689.383.40$60,093
Sep 201213,71994.672.92$40,038
Aug 201214,48492.662.91$42,122
Jul 201214,24285.133.02$43,022
Jun 201215,49179.822.52$39,022
May 201216,91591.612.49$42,090
Apr 201216,963101.652.00$33,872
Mar 201218,145105.052.22$40,320
Feb 201218,399101.102.57$47,290
Jan 201220,62798.092.73$56,396
Dec 201121,89496.873.24$70,931
Nov 201121,87295.723.31$72,424
Oct 201123,33884.983.65$85,150
Sep 201123,32083.623.99$92,949
Aug 201124,34183.404.15$100,999
Jul 201126,06894.144.52$117,755
Jun 201126,42992.904.64$122,627
May 201129,32898.134.40$129,185
Apr 201134,811105.964.33$150,846
Mar 201139,57896.364.06$160,581
Feb 201137,19185.644.18$155,458
Jan 201146,38986.504.59$212,869
Dec 201050,62885.734.35$220,118
Nov 201054,57180.843.80$207,115
Oct 201046,23678.103.51$162,237

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                5,061 Mcf  × $  3.05 =    $15,415

────────────────────────────────────────────────────
Month total                                  $15,415

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/258692 is the state's own key, not one this site invented.