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 259086District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Oct 2010 – May 2026
Value, last 12 filed months
$179 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
CondensateDisposition3 bbl$207
GasProduction2,491,150 Mcf$8,866,378
Total$8,866,585

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 202604,781106.413.05$14,562
Apr 202604,81898.932.87$13,826
Mar 202605,15689.753.15$16,239
Feb 202604,48263.503.75$16,809
Jan 202603,18759.138.00$25,489
Dec 202503,79456.664.41$16,744
Nov 202503,53658.593.93$13,884
Oct 202503,82159.383.30$12,628
Sep 202503,76562.743.08$11,585
Aug 202504,09763.933.01$12,351
Jul 202503,83666.743.32$12,717
Jun 202503,77066.483.13$11,795
May 202503,81160.553.23$12,318
Apr 202503,53662.363.54$12,528
Mar 202504,38867.704.27$18,729
Feb 202505,18270.884.34$22,494
Jan 202504,83774.324.28$20,696
Dec 202404,65868.993.12$14,539
Nov 202434,80069.052.20$10,760
Oct 202405,32371.372.28$12,144
Sep 202405,35569.612.36$12,661
Aug 202406,00075.632.06$12,382
Jul 202404,51379.932.15$9,688
Jun 202403,55078.082.63$9,351
May 202403,93478.812.20$8,649
Apr 202403,61984.451.66$6,005
Mar 202403,56380.301.55$5,505
Feb 202403,12476.091.78$5,572
Jan 202404,06773.023.30$13,412
Dec 202304,14371.262.61$10,816
Nov 202303,94677.892.81$11,079
Oct 202304,60685.443.09$14,220
Sep 202304,38389.042.74$11,988
Aug 202304,91880.522.67$13,145
Jul 202303,66874.852.64$9,690
Jun 202302,70468.962.26$6,107
May 202304,75070.622.23$10,580
Apr 202306,25378.122.24$13,993
Mar 202306,37872.852.39$15,264
Feb 202305,78975.112.47$14,274
Jan 202306,53576.533.39$22,139
Dec 202206,64376.415.73$38,058
Nov 202206,37485.005.65$35,989
Oct 202206,74387.185.86$39,539
Sep 202206,35784.888.16$51,897
Aug 202206,54194.529.13$59,701
Jul 202206,545101.587.54$49,363
Jun 202206,362115.097.98$50,751
May 202206,463109.378.43$54,503
Apr 202206,130104.226.84$41,914
Mar 202206,490108.885.08$32,946
Feb 202205,82591.054.86$28,303
Jan 202206,87281.844.54$31,183
Dec 202106,88571.323.90$26,845
Nov 202106,67877.435.24$34,972
Oct 202107,01579.795.71$40,083
Sep 202106,66469.865.35$35,659
Aug 202106,73866.024.22$28,438
Jul 202106,09570.783.98$24,271
Jun 202106,47569.493.38$21,890
May 202106,84263.483.02$20,647
Apr 202106,69360.362.76$18,462
Mar 202107,08561.302.72$19,250
Feb 202107,20157.805.55$39,951
Jan 202107,77850.412.81$21,858
Dec 202007,29844.642.68$19,526
Nov 202007,13338.772.71$19,306
Oct 202007,14436.972.48$17,706
Sep 202006,65637.091.99$13,252
Aug 202006,24039.982.39$14,883
Jul 202006,12138.371.83$11,172
Jun 202005,42734.901.69$9,173
May 202007,92216.921.81$14,376
Apr 202008,19414.751.80$14,785
Mar 202007,89330.341.86$14,651
Feb 202006,21549.881.98$12,310
Jan 202005,96357.252.09$12,491
Dec 201908,03159.012.30$18,506
Nov 201907,32355.302.75$20,143
Oct 201908,72453.472.42$21,099
Sep 201905,50755.052.66$14,634
Aug 201907,75853.112.30$17,877
Jul 2019010,09456.272.46$24,832
Jun 201909,89952.782.49$24,660
May 201905,38258.482.74$14,748
Apr 201902,12362.632.75$5,840
Mar 201907,90056.803.06$24,191
Feb 201907,86250.852.79$21,952
Jan 201907,77746.033.23$25,106
Dec 201806,56546.594.19$27,477
Nov 201808,75952.934.24$37,114
Oct 201809,36561.443.40$31,823
Sep 201809,04959.543.11$28,124
Aug 201809,60059.403.07$29,439
Jul 201809,32665.142.93$27,343
Jun 201809,00360.183.08$27,702
May 201809,38465.382.90$27,221
Apr 201809,29763.842.90$26,969
Mar 201809,39761.222.79$26,188
Feb 201808,33561.782.77$23,056
Jan 201809,36762.874.01$37,555
Dec 201709,51957.272.92$27,810
Nov 201709,58455.423.12$29,886
Oct 2017010,07249.292.98$30,052
Sep 201709,88247.523.09$30,509
Aug 2017010,49845.373.00$31,540
Jul 2017010,65043.873.09$32,880
Jun 2017010,57942.493.09$32,660
May 2017011,29145.373.26$36,847
Apr 2017011,18647.933.21$35,925
Mar 2017011,92046.772.98$35,565
Feb 2017010,80150.452.95$31,891
Jan 2017012,42149.413.42$42,465
Dec 2016012,59948.763.72$46,904
Nov 2016012,41442.492.64$32,827
Oct 2016013,06846.193.09$40,384
Sep 2016012,91341.553.10$40,038
Aug 2016013,88941.442.92$40,616
Jul 2016013,34241.622.92$39,017
Jun 2016012,88145.352.69$34,596
May 2016013,78042.521.99$27,437
Apr 2016013,78136.561.99$27,439
Mar 2016014,58333.011.79$26,162
Feb 2016013,12526.472.06$27,085
Jan 2016013,69827.352.36$32,387
Dec 2015014,14232.362.00$28,304
Nov 2015014,15038.792.17$30,668
Oct 2015015,40943.552.43$37,391
Sep 2015015,41442.992.76$42,518
Aug 2015016,88040.162.87$48,488
Jul 2015016,78248.152.95$49,424
Jun 2015017,32756.152.88$49,951
May 2015018,41555.212.96$54,425
Apr 2015013,01749.822.71$35,231
Mar 2015013,63542.892.93$40,015
Feb 2015012,82244.662.98$38,161
Jan 2015012,79043.433.10$39,657
Dec 2014014,53554.693.59$52,200
Nov 2014014,45770.464.25$61,469
Oct 2014014,56578.303.90$56,817
Sep 2014014,63086.164.05$59,185
Aug 2014014,83789.394.04$59,869
Jul 2014015,00696.564.18$62,719
Jun 2014015,36498.164.74$72,777
May 2014015,89194.734.73$75,110
Apr 2014015,13295.944.81$72,772
Mar 2014015,35895.895.06$77,662
Feb 2014014,36497.406.19$88,942
Jan 2014016,24790.404.86$78,972
Dec 2013016,55691.824.35$72,093
Nov 2013016,37588.853.74$61,214
Oct 2013017,17497.423.78$64,907
Sep 2013016,592104.113.72$61,685
Aug 2013016,671104.253.52$58,725
Jul 2013016,933102.523.72$62,952
Jun 2013017,19894.403.93$67,647
May 2013018,92894.834.15$78,534
Apr 2013018,99293.964.28$81,335
Mar 2013020,17593.623.91$78,942
Feb 2013017,80791.233.42$60,898
Jan 2013020,80091.603.42$71,134
Dec 2012021,75886.773.42$74,416
Nov 2012021,19086.953.62$76,813
Oct 2012021,86189.383.40$74,320
Sep 2012018,67794.672.92$54,507
Aug 2012011,26092.662.91$32,746
Jul 2012017,84285.133.02$53,897
Jun 2012019,97379.822.52$50,313
May 2012021,95291.612.49$54,624
Apr 2012022,169101.652.00$44,267
Mar 2012023,821105.052.22$52,932
Feb 2012024,987101.102.57$64,223
Jan 2012028,34198.092.73$77,487
Dec 2011030,43096.873.24$98,585
Nov 2011030,64895.723.31$101,484
Oct 2011032,80084.983.65$119,672
Sep 2011032,34283.623.99$128,909
Aug 2011034,62183.404.15$143,654
Jul 2011037,21994.144.52$168,127
Jun 2011039,11892.904.64$181,503
May 2011044,95498.134.40$198,014
Apr 2011048,141105.964.33$208,608
Mar 2011055,47696.364.06$225,085
Feb 2011050,44785.644.18$210,867
Jan 2011068,30686.504.59$313,441
Dec 2010078,18385.734.35$339,920
Nov 2010091,71980.843.80$348,104
Oct 2010080,16678.103.51$281,294

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                4,781 Mcf  × $  3.05 =    $14,562

────────────────────────────────────────────────────
Month total                                  $14,562

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/259086 is the state's own key, not one this site invented.