MCGEE, ODIS 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 262078District 09Field 65280200GasSaveExport
Value, all time
$12.3 M
Feb 2011 – May 2026
Value, last 12 filed months
$308 k
at the published price for each month
Months reported
184
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
GasProduction3,468,804 Mcf$12,263,692
Total$12,263,692

Every month this lease reported (184)

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

184 months

May 20266,984106.413.05$21,272
Apr 20266,85198.932.87$19,660
Mar 20266,94889.753.15$21,882
Feb 20266,69063.503.75$25,090
Jan 20266,39459.138.00$51,139
Dec 20257,43456.664.41$32,809
Nov 20257,33958.593.93$28,816
Oct 20257,26959.383.30$24,023
Sep 20257,02562.743.08$21,615
Aug 20256,59763.933.01$19,888
Jul 20256,42266.743.32$21,290
Jun 20256,49766.483.13$20,327
May 20256,82060.553.23$22,044
Apr 20257,33162.363.54$25,975
Mar 20257,76067.704.27$33,122
Feb 20256,79870.884.34$29,509
Jan 20256,89474.324.28$29,497
Dec 20247,84568.993.12$24,487
Nov 20247,39769.052.20$16,262
Oct 20246,33571.372.28$14,453
Sep 20243,72269.612.36$8,800
Aug 20244,34375.632.06$8,962
Jul 20245,68179.932.15$12,195
Jun 20248,54078.082.63$22,494
May 20247,69578.812.20$16,917
Apr 20247,97584.451.66$13,232
Mar 20247,35180.301.55$11,358
Feb 20247,82276.091.78$13,952
Jan 20247,55373.023.30$24,907
Dec 20238,07971.262.61$21,092
Nov 20238,03677.892.81$22,562
Oct 20236,89485.443.09$21,284
Sep 20235,64589.042.74$15,439
Aug 20236,37680.522.67$17,042
Jul 20237,13274.852.64$18,841
Jun 20237,83968.962.26$17,704
May 20239,36170.622.23$20,851
Apr 20238,74478.122.24$19,567
Mar 20239,19272.852.39$21,998
Feb 20238,16875.112.47$20,140
Jan 20238,29276.533.39$28,091
Dec 20228,81476.415.73$50,496
Nov 20229,02785.005.65$50,968
Oct 20229,43487.185.86$55,319
Sep 20227,73484.888.16$63,138
Aug 20221,97294.529.13$17,999
Jul 20227,480101.587.54$56,415
Jun 202210,405115.097.98$83,003
May 202210,403109.378.43$87,729
Apr 202210,694104.226.84$73,121
Mar 202211,399108.885.08$57,866
Feb 202210,60791.054.86$51,538
Jan 202211,82781.844.54$53,667
Dec 202111,96671.323.90$46,657
Nov 202111,80077.435.24$61,795
Oct 202112,19779.795.71$69,692
Sep 202112,03769.865.35$64,409
Aug 202112,66666.024.22$53,458
Jul 202112,55770.783.98$50,003
Jun 202112,34169.493.38$41,720
May 202112,98563.483.02$39,184
Apr 202112,35460.362.76$34,078
Mar 202113,28061.302.72$36,081
Feb 202111,48957.805.55$63,740
Jan 202113,49650.412.81$37,927
Dec 202013,62444.642.68$36,450
Nov 202013,12738.772.71$35,529
Oct 202013,79636.972.48$34,192
Sep 202013,25737.091.99$26,395
Aug 202013,84239.982.39$33,015
Jul 202013,92138.371.83$25,408
Jun 202013,24234.901.69$22,383
May 202014,25516.921.81$25,869
Apr 202014,23614.751.80$25,687
Mar 202014,77630.341.86$27,428
Feb 202012,47849.881.98$24,715
Jan 202014,07157.252.09$29,475
Dec 201914,26459.012.30$32,869
Nov 201914,79455.302.75$40,694
Oct 201915,54053.472.42$37,584
Sep 201914,77355.052.66$39,256
Aug 201914,97153.112.30$34,499
Jul 201915,36456.272.46$37,796
Jun 201913,98052.782.49$34,827
May 201914,84958.482.74$40,691
Apr 201914,42362.632.75$39,673
Mar 201916,06956.803.06$49,205
Feb 201914,04350.852.79$39,211
Jan 201917,15346.033.23$55,373
Dec 201817,70246.594.19$74,091
Nov 201816,24652.934.24$68,838
Oct 201816,66661.443.40$56,632
Sep 201817,92359.543.11$55,705
Aug 201817,91759.403.07$54,944
Jul 201815,13265.142.93$44,365
Jun 201816,51560.183.08$50,815
May 201816,48665.382.90$47,823
Apr 201815,07463.842.90$43,727
Mar 201811,60561.222.79$32,341
Feb 20188,46861.782.77$23,424
Jan 201810,12062.874.01$40,574
Dec 201711,81757.272.92$34,524
Nov 201711,14755.423.12$34,760
Oct 201712,49049.292.98$37,266
Sep 201715,96747.523.09$49,295
Aug 201718,30845.373.00$55,005
Jul 201715,21043.873.09$46,958
Jun 201716,18442.493.09$49,965
May 201715,09145.373.26$49,248
Apr 201715,81647.933.21$50,795
Mar 201715,07946.772.98$44,991
Feb 201714,03350.452.95$41,434
Jan 201718,51649.413.42$63,303
Dec 201619,49248.763.72$72,565
Nov 201620,00242.492.64$52,892
Oct 201621,19746.193.09$65,504
Sep 201617,62341.553.10$54,642
Aug 201619,61641.442.92$57,364
Jul 201620,20141.622.92$59,075
Jun 201619,99445.352.69$53,700
May 201618,75942.521.99$37,350
Apr 201621,15936.561.99$42,128
Mar 201618,52633.011.79$33,236
Feb 201617,14426.472.06$35,379
Jan 201619,02227.352.36$44,975
Dec 201520,32132.362.00$40,671
Nov 201519,02738.792.17$41,238
Oct 201520,08343.552.43$48,733
Sep 201522,56142.992.76$62,233
Aug 201513,84340.162.87$39,764
Jul 201518,74848.152.95$55,214
Jun 20156,07056.152.88$17,499
May 20151,72355.212.96$5,092
Apr 201517,42449.822.71$47,159
Mar 201521,43242.892.93$62,897
Feb 201518,32844.662.98$54,548
Jan 20159,33343.433.10$28,938
Dec 201413,15754.693.59$47,252
Nov 201426,72670.464.25$113,635
Oct 201418,81478.303.90$73,393
Sep 201428,04586.164.05$113,454
Aug 201429,56689.394.04$119,302
Jul 201431,36896.564.18$131,106
Jun 201430,02798.164.74$142,234
May 201432,32594.734.73$152,786
Apr 201431,95695.944.81$153,680
Mar 201434,08895.895.06$172,376
Feb 201431,85097.406.19$197,215
Jan 201428,95490.404.86$140,737
Dec 201329,13591.824.35$126,868
Nov 201328,55788.853.74$106,754
Oct 201332,46397.423.78$122,689
Sep 201328,478104.113.72$105,874
Aug 201330,603104.253.52$107,802
Jul 201331,544102.523.72$117,272
Jun 201331,69494.403.93$124,666
May 201334,20694.834.15$141,923
Apr 201332,46793.964.28$139,043
Mar 201335,76793.623.91$139,952
Feb 201333,18191.233.42$113,476
Jan 201338,13891.603.42$130,429
Dec 201240,48186.773.42$138,452
Nov 201241,08786.953.62$148,939
Oct 201243,12489.383.40$146,608
Sep 201243,29994.672.92$126,364
Aug 201244,95492.662.91$130,733
Jul 201234,30385.133.02$103,623
Jun 201210,36679.822.52$26,112
May 20122,13691.612.49$5,315
Apr 201251101.652.00$102
Mar 20126,795105.052.22$15,099
Feb 201246,757101.102.57$120,177
Jan 201253,23498.092.73$145,546
Dec 201158,00396.873.24$187,915
Nov 201160,91695.723.31$201,710
Oct 201161,61084.983.65$224,787
Sep 201161,18483.623.99$243,867
Aug 201168,39783.404.15$283,801
Jul 201177,21494.144.52$348,794
Jun 201176,24692.904.64$353,772
May 201135,57398.134.40$156,693
Apr 2011100,611105.964.33$435,976
Mar 201152,42096.364.06$212,686
Feb 201147,91285.644.18$200,271

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                6,984 Mcf  × $  3.05 =    $21,272

────────────────────────────────────────────────────
Month total                                  $21,272

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/262078 is the state's own key, not one this site invented.