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 259006District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.1 M
Oct 2010 – May 2026
Value, last 12 filed months
$158 k
at the published price for each month
Months reported
188
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition4 bbl$278
GasProduction2,568,462 Mcf$9,110,374
Total$9,110,653

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 20260837106.413.05$2,549
Apr 2026085298.932.87$2,445
Mar 2026097489.753.15$3,068
Feb 202602,73963.503.75$10,272
Jan 202603,82859.138.00$30,616
Dec 202504,43556.664.41$19,573
Nov 202504,39358.593.93$17,249
Oct 202504,69259.383.30$15,506
Sep 202504,37462.743.08$13,458
Aug 202504,42763.933.01$13,346
Jul 202504,76666.743.32$15,800
Jun 202504,65166.483.13$14,552
May 202504,77760.553.23$15,441
Apr 202504,53962.363.54$16,082
Mar 202503,28467.704.27$14,017
Feb 202503,00170.884.34$13,027
Jan 202503,79374.324.28$16,229
Dec 202404,35968.993.12$13,606
Nov 202404,43969.052.20$9,759
Oct 202404,70871.372.28$10,741
Sep 202444,55269.612.36$11,041
Aug 202404,77075.632.06$9,844
Jul 202404,66579.932.15$10,014
Jun 202404,07778.082.63$10,739
May 202404,22678.812.20$9,291
Apr 202404,28484.451.66$7,108
Mar 202404,04980.301.55$6,256
Feb 202405,36876.091.78$9,575
Jan 202405,83173.023.30$19,229
Dec 202305,83171.262.61$15,223
Nov 202305,69677.892.81$15,992
Oct 202305,94585.443.09$18,354
Sep 202305,84589.042.74$15,986
Aug 202305,88980.522.67$15,741
Jul 202305,10674.852.64$13,489
Jun 202302,45468.962.26$5,542
May 202304,93470.622.23$10,990
Apr 202306,09778.122.24$13,644
Mar 202306,40272.852.39$15,321
Feb 202305,85775.112.47$14,441
Jan 202306,54476.533.39$22,169
Dec 202206,59376.415.73$37,772
Nov 202206,51085.005.65$36,757
Oct 202206,51987.185.86$38,226
Sep 202206,22384.888.16$50,803
Aug 202206,39794.529.13$58,386
Jul 202206,378101.587.54$48,103
Jun 202206,136115.097.98$48,948
May 202206,289109.378.43$53,035
Apr 202206,097104.226.84$41,689
Mar 202206,451108.885.08$32,748
Feb 202205,85491.054.86$28,444
Jan 202206,64181.844.54$30,135
Dec 202106,66071.323.90$25,968
Nov 202106,44677.435.24$33,757
Oct 202106,67879.795.71$38,157
Sep 202106,42969.865.35$34,401
Aug 202106,74566.024.22$28,468
Jul 202106,60270.783.98$26,290
Jun 202106,40469.493.38$21,649
May 202106,62163.483.02$19,980
Apr 202106,30360.362.76$17,386
Mar 202106,96261.302.72$18,915
Feb 202106,65957.805.55$36,944
Jan 202107,30650.412.81$20,532
Dec 202006,52844.642.68$17,465
Nov 202007,22238.772.71$19,547
Oct 202007,28436.972.48$18,053
Sep 202007,33537.091.99$14,604
Aug 202007,54439.982.39$17,993
Jul 202007,42538.371.83$13,552
Jun 202006,83834.901.69$11,558
May 202007,52316.921.81$13,652
Apr 202007,78714.751.80$14,051
Mar 202008,37430.341.86$15,544
Feb 202007,98649.881.98$15,818
Jan 202008,71857.252.09$18,262
Dec 201908,74859.012.30$20,159
Nov 201908,37055.302.75$23,023
Oct 201908,57853.472.42$20,746
Sep 201908,19655.052.66$21,779
Aug 201908,62853.112.30$19,882
Jul 201908,96456.272.46$22,052
Jun 201908,86652.782.49$22,087
May 201909,13158.482.74$25,022
Apr 201908,18362.632.75$22,509
Mar 201908,88656.803.06$27,210
Feb 201907,83050.852.79$21,863
Jan 201908,12146.033.23$26,216
Dec 201808,86446.594.19$37,100
Nov 201808,86552.934.24$37,563
Oct 201809,37461.443.40$31,854
Sep 201809,10659.543.11$28,301
Aug 201809,65959.403.07$29,620
Jul 201809,02465.142.93$26,457
Jun 201809,11560.183.08$28,046
May 201809,31865.382.90$27,030
Apr 201809,12763.842.90$26,476
Mar 201809,38161.222.79$26,143
Feb 201808,57261.782.77$23,711
Jan 201809,61362.874.01$38,542
Dec 201709,76857.272.92$28,537
Nov 201709,66655.423.12$30,142
Oct 2017010,16749.292.98$30,335
Sep 201709,98047.523.09$30,811
Aug 2017010,56145.373.00$31,729
Jul 201709,80243.873.09$30,262
Jun 2017010,50442.493.09$32,429
May 2017011,23645.373.26$36,668
Apr 2017010,97847.933.21$35,257
Mar 2017011,65546.772.98$34,775
Feb 2017010,62050.452.95$31,357
Jan 2017012,07149.413.42$41,268
Dec 2016012,07248.763.72$44,942
Nov 2016011,94842.492.64$31,595
Oct 2016012,54346.193.09$38,761
Sep 2016012,35841.553.10$38,318
Aug 2016013,19941.442.92$38,598
Jul 2016012,87641.622.92$37,654
Jun 2016012,45245.352.69$33,444
May 2016013,83942.521.99$27,554
Apr 2016013,53536.561.99$26,949
Mar 2016013,52533.011.79$24,264
Feb 2016012,38426.472.06$25,556
Jan 2016013,28927.352.36$31,420
Dec 2015013,65232.362.00$27,323
Nov 2015012,79938.792.17$27,740
Oct 2015013,41943.552.43$32,562
Sep 2015013,13442.992.76$36,229
Aug 2015014,15440.162.87$40,657
Jul 2015014,72448.152.95$43,363
Jun 2015014,30456.152.88$41,236
May 2015015,09055.212.96$44,598
Apr 2015015,08749.822.71$40,834
Mar 2015016,26742.892.93$47,739
Feb 2015014,72044.662.98$43,810
Jan 2015016,66143.433.10$51,660
Dec 2014017,05354.693.59$61,243
Nov 2014017,16570.464.25$72,983
Oct 2014017,90978.303.90$69,862
Sep 2014017,81786.164.05$72,078
Aug 2014018,20889.394.04$73,471
Jul 2014018,42196.564.18$76,992
Jun 2014019,01798.164.74$90,081
May 2014021,02594.734.73$99,376
Apr 2014014,87795.944.81$71,545
Mar 2014012,50195.895.06$63,215
Feb 2014011,53697.406.19$71,431
Jan 2014012,82890.404.86$62,353
Dec 2013012,88691.824.35$56,112
Nov 2013012,53088.853.74$46,841
Oct 2013013,95097.423.78$52,722
Sep 2013013,770104.113.72$51,193
Aug 2013014,746104.253.52$51,944
Jul 2013015,092102.523.72$56,108
Jun 2013015,41794.403.93$60,641
May 2013016,77794.834.15$69,609
Apr 2013017,21893.964.28$73,738
Mar 2013018,11493.623.91$70,878
Feb 2013016,91691.233.42$57,851
Jan 2013019,81091.603.42$67,748
Dec 2012020,99086.773.42$71,789
Nov 2012018,96386.953.62$68,740
Oct 2012018,50289.383.40$62,901
Sep 2012019,88394.672.92$58,027
Aug 2012021,23092.662.91$61,740
Jul 2012021,66685.133.02$65,449
Jun 2012022,19379.822.52$55,905
May 2012023,99691.612.49$59,710
Apr 2012024,436101.652.00$48,794
Mar 2012025,360105.052.22$56,352
Feb 2012026,492101.102.57$68,091
Jan 2012029,86398.092.73$81,648
Dec 2011031,74996.873.24$102,859
Nov 2011031,92695.723.31$105,716
Oct 2011034,41884.983.65$125,575
Sep 2011035,11483.623.99$139,957
Aug 2011037,05683.404.15$153,757
Jul 2011040,09494.144.52$181,114
Jun 2011041,81792.904.64$194,026
May 2011046,51198.134.40$204,873
Apr 2011049,296105.964.33$213,613
Mar 2011056,13296.364.06$227,747
Feb 2011056,17885.644.18$234,823
Jan 2011070,31586.504.59$322,660
Dec 2010081,25485.734.35$353,272
Nov 2010094,51480.843.80$358,712
Oct 20100106,61678.103.51$374,104

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  837 Mcf  × $  3.05 =     $2,549

────────────────────────────────────────────────────
Month total                                   $2,549

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/259006 is the state's own key, not one this site invented.