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 259972District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Oct 2010 – May 2026
Value, last 12 filed months
$333 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
CondensateDisposition1 bbl$70
GasProduction2,543,085 Mcf$8,949,277
Total$8,949,347

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 202606,620106.413.05$20,163
Apr 202606,18298.932.87$17,741
Mar 202606,02289.753.15$18,966
Feb 202605,97463.503.75$22,404
Jan 202606,86059.138.00$54,866
Dec 202508,13156.664.41$35,885
Nov 202508,00658.593.93$31,435
Oct 202508,30959.383.30$27,460
Sep 202508,12462.743.08$24,997
Aug 202508,63163.933.01$26,020
Jul 202508,30066.743.32$27,516
Jun 202508,20666.483.13$25,674
May 202508,99160.553.23$29,062
Apr 202507,59962.363.54$26,924
Mar 202501,44967.704.27$6,185
Feb 202508870.884.34$382
Jan 202503,63274.324.28$15,540
Dec 202406,35568.993.12$19,836
Nov 202405,70269.052.20$12,536
Oct 202405,95671.372.28$13,588
Sep 202415,77169.612.36$13,714
Aug 202405,24675.632.06$10,826
Jul 202403,04779.932.15$6,541
Jun 202402,78278.082.63$7,328
May 202404,39478.812.20$9,660
Apr 202404,32184.451.66$7,169
Mar 202403,99880.301.55$6,177
Feb 202405,23476.091.78$9,336
Jan 202405,17273.023.30$17,056
Dec 202304,69071.262.61$12,244
Nov 202304,61277.892.81$12,948
Oct 202304,88685.443.09$15,084
Sep 202304,85189.042.74$13,268
Aug 202304,21680.522.67$11,269
Jul 202304,28174.852.64$11,310
Jun 202305,87268.962.26$13,262
May 202304,55170.622.23$10,137
Apr 202305,75978.122.24$12,887
Mar 202305,95972.852.39$14,261
Feb 202304,55475.112.47$11,229
Jan 202307,40876.533.39$25,096
Dec 202206,97076.415.73$39,932
Nov 202206,88385.005.65$38,863
Oct 202207,51087.185.86$44,037
Sep 202207,57084.888.16$61,799
Aug 202206,28894.529.13$57,392
Jul 202206,397101.587.54$48,247
Jun 202206,631115.097.98$52,897
May 202207,055109.378.43$59,495
Apr 202207,073104.226.84$48,362
Mar 202207,157108.885.08$36,332
Feb 202206,33791.054.86$30,790
Jan 202206,49481.844.54$29,468
Dec 202106,88971.323.90$26,861
Nov 202106,73277.435.24$35,254
Oct 202106,92279.795.71$39,551
Sep 202106,92169.865.35$37,034
Aug 202107,45466.024.22$31,460
Jul 202107,36870.783.98$29,340
Jun 202107,68869.493.38$25,990
May 202108,19563.483.02$24,730
Apr 202107,57260.362.76$20,887
Mar 202107,85561.302.72$21,342
Feb 202105,54157.805.55$30,741
Jan 202108,74450.412.81$24,573
Dec 202008,77244.642.68$23,469
Nov 202008,60338.772.71$23,285
Oct 202008,82836.972.48$21,880
Sep 202008,72837.091.99$17,378
Aug 202008,29839.982.39$19,792
Jul 202008,19438.371.83$14,955
Jun 202008,50534.901.69$14,376
May 202008,64716.921.81$15,692
Apr 202009,09114.751.80$16,404
Mar 2020010,61130.341.86$19,696
Feb 2020010,05949.881.98$19,924
Jan 2020011,77157.252.09$24,657
Dec 2019012,41959.012.30$28,618
Nov 201909,57255.302.75$26,330
Oct 2019012,57153.472.42$30,403
Sep 2019012,88855.052.66$34,247
Aug 2019014,14653.112.30$32,597
Jul 2019014,86456.272.46$36,566
Jun 2019015,08652.782.49$37,582
May 2019013,61158.482.74$37,299
Apr 201909,27762.632.75$25,518
Mar 201909,24756.803.06$28,315
Feb 201907,27950.852.79$20,325
Jan 201907,60946.033.23$24,563
Dec 201807,69346.594.19$32,199
Nov 201807,45352.934.24$31,580
Oct 201807,93061.443.40$26,947
Sep 201807,89559.543.11$24,538
Aug 201807,97359.403.07$24,450
Jul 201808,11165.142.93$23,780
Jun 201809,46360.183.08$29,117
May 2018011,78565.382.90$34,186
Apr 201809,75763.842.90$28,303
Mar 201807,24861.222.79$20,199
Feb 201806,77261.782.77$18,732
Jan 201807,23162.874.01$28,991
Dec 201707,57557.272.92$22,131
Nov 201707,16755.423.12$22,349
Oct 201707,73649.292.98$23,082
Sep 201707,65447.523.09$23,630
Aug 201708,08245.373.00$24,282
Jul 201708,06343.873.09$24,893
Jun 201707,25942.493.09$22,411
May 201709,24145.373.26$30,157
Apr 2017010,42047.933.21$33,465
Mar 201709,50446.772.98$28,357
Feb 201708,69650.452.95$25,676
Jan 2017010,41549.413.42$35,607
Dec 2016010,55648.763.72$39,298
Nov 201609,25942.492.64$24,484
Oct 201609,64546.193.09$29,806
Sep 201608,37241.553.10$25,958
Aug 201606,97141.442.92$20,386
Jul 2016011,25741.622.92$32,919
Jun 2016011,42045.352.69$30,672
May 2016011,67842.521.99$23,251
Apr 2016016,27236.561.99$32,398
Mar 2016016,41333.011.79$29,445
Feb 2016013,77126.472.06$28,418
Jan 2016012,51227.352.36$29,583
Dec 2015011,64032.362.00$23,296
Nov 2015011,75338.792.17$25,473
Oct 2015014,09843.552.43$34,210
Sep 2015016,20042.992.76$44,686
Aug 2015016,25340.162.87$46,687
Jul 2015016,99448.152.95$50,049
Jun 2015017,44456.152.88$50,289
May 2015019,94455.212.96$58,943
Apr 2015014,08649.822.71$38,125
Mar 2015015,06342.892.93$44,206
Feb 2015015,55344.662.98$46,289
Jan 2015015,21543.433.10$47,176
Dec 2014015,39854.693.59$55,300
Nov 2014015,28270.464.25$64,977
Oct 2014016,82178.303.90$65,618
Sep 2014015,95386.164.05$64,537
Aug 2014017,01389.394.04$68,650
Jul 201409,22196.564.18$38,540
Jun 201408,31098.164.74$39,363
May 2014013,56294.734.73$64,102
Apr 2014012,11795.944.81$58,272
Mar 2014013,62195.895.06$68,879
Feb 2014012,69397.406.19$78,595
Jan 2014014,28790.404.86$69,445
Dec 2013015,41591.824.35$67,124
Nov 2013015,97688.853.74$59,723
Oct 2013017,32997.423.78$65,493
Sep 2013016,031104.113.72$59,599
Aug 2013016,991104.253.52$59,853
Jul 2013017,937102.523.72$66,685
Jun 2013017,87494.403.93$70,306
May 2013018,88794.834.15$78,364
Apr 2013018,68993.964.28$80,037
Mar 2013019,62093.623.91$76,771
Feb 2013018,42491.233.42$63,008
Jan 2013020,98991.603.42$71,780
Dec 2012022,35386.773.42$76,451
Nov 2012021,05586.953.62$76,324
Oct 2012020,42889.383.40$69,449
Sep 2012016,94594.672.92$49,452
Aug 2012016,40292.662.91$47,700
Jul 2012018,65285.133.02$56,344
Jun 2012020,05579.822.52$50,519
May 2012021,95991.612.49$54,641
Apr 2012022,249101.652.00$44,427
Mar 2012023,978105.052.22$53,281
Feb 2012024,647101.102.57$63,349
Jan 2012028,03898.092.73$76,658
Dec 2011030,13596.873.24$97,630
Nov 2011030,25595.723.31$100,183
Oct 2011032,38384.983.65$118,151
Sep 2011032,84783.623.99$130,922
Aug 2011034,74983.404.15$144,185
Jul 2011037,85294.144.52$170,987
Jun 2011039,76092.904.64$184,482
May 2011044,29098.134.40$195,089
Apr 2011047,324105.964.33$205,068
Mar 2011053,75396.364.06$218,094
Feb 2011052,18085.644.18$218,111
Jan 2011065,56786.504.59$300,873
Dec 2010067,93285.734.35$295,351
Nov 2010079,74880.843.80$302,670
Oct 2010085,95478.103.51$301,603

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                6,620 Mcf  × $  3.05 =    $20,163

────────────────────────────────────────────────────
Month total                                  $20,163

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/259972 is the state's own key, not one this site invented.