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 262094District 09Field 65280200GasSaveExport
Value, all time
$13.2 M
Feb 2011 – May 2026
Value, last 12 filed months
$400 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
GasProduction3,795,327 Mcf$13,234,798
Total$13,234,798

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 20268,913106.413.05$27,148
Apr 20268,61598.932.87$24,723
Mar 20269,05989.753.15$28,531
Feb 20268,15163.503.75$30,569
Jan 20268,96159.138.00$71,669
Dec 20259,04056.664.41$39,897
Nov 20258,91958.593.93$35,020
Oct 20259,00459.383.30$29,757
Sep 20258,58462.743.08$26,412
Aug 20259,15563.933.01$27,600
Jul 20259,18666.743.32$30,453
Jun 20258,88666.483.13$27,802
May 20259,46460.553.23$30,591
Apr 20259,24062.363.54$32,738
Mar 20259,16367.704.27$39,111
Feb 20258,63770.884.34$37,492
Jan 20259,61174.324.28$41,122
Dec 20249,46268.993.12$29,534
Nov 20249,29769.052.20$20,439
Oct 20249,50871.372.28$21,692
Sep 20249,10569.612.36$21,528
Aug 20249,83175.632.06$20,288
Jul 20249,89979.932.15$21,249
Jun 20249,84578.082.63$25,932
May 202410,53478.812.20$23,158
Apr 202410,34484.451.66$17,163
Mar 202410,35280.301.55$15,995
Feb 20249,87376.091.78$17,610
Jan 202410,36573.023.30$34,180
Dec 202310,21071.262.61$26,655
Nov 202310,22677.892.81$28,710
Oct 202310,35985.443.09$31,981
Sep 202310,26789.042.74$28,081
Aug 202310,53980.522.67$28,169
Jul 202310,48574.852.64$27,699
Jun 202310,18168.962.26$22,994
May 202310,56370.622.23$23,528
Apr 202310,21378.122.24$22,854
Mar 202310,93072.852.39$26,157
Feb 20239,67075.112.47$23,843
Jan 202310,89376.533.39$36,902
Dec 202210,85676.415.73$62,195
Nov 202210,84885.005.65$61,250
Oct 202211,35387.185.86$66,571
Sep 202211,12384.888.16$90,805
Aug 202211,38194.529.13$103,876
Jul 202211,169101.587.54$84,237
Jun 202210,825115.097.98$86,353
May 202211,193109.378.43$94,391
Apr 202210,946104.226.84$74,844
Mar 202211,486108.885.08$58,308
Feb 202210,58091.054.86$51,407
Jan 202211,81981.844.54$53,631
Dec 202112,00371.323.90$46,801
Nov 202111,66477.435.24$61,083
Oct 20219,69379.795.71$55,385
Sep 20219,96169.865.35$53,301
Aug 20217,77466.024.22$32,811
Jul 202111,80370.783.98$47,000
Jun 202112,03569.493.38$40,686
May 202111,08363.483.02$33,445
Apr 202110,30660.362.76$28,428
Mar 202111,65261.302.72$31,658
Feb 20218,67057.805.55$48,101
Jan 202111,33350.412.81$31,849
Dec 202011,95544.642.68$31,985
Nov 202013,10038.772.71$35,456
Oct 202013,02436.972.48$32,279
Sep 202012,84737.091.99$25,579
Aug 202013,33939.982.39$31,815
Jul 202013,40638.371.83$24,468
Jun 202012,90634.901.69$21,815
May 202013,11116.921.81$23,793
Apr 202013,30914.751.80$24,014
Mar 202013,82530.341.86$25,662
Feb 202012,91749.881.98$25,584
Jan 202013,60757.252.09$28,503
Dec 201913,21359.012.30$30,448
Nov 201913,75155.302.75$37,825
Oct 201914,45453.472.42$34,958
Sep 201913,58855.052.66$36,107
Aug 201915,52953.112.30$35,784
Jul 201915,29756.272.46$37,632
Jun 201915,10452.782.49$37,627
May 201914,78558.482.74$40,516
Apr 201915,45762.632.75$42,518
Mar 201915,95056.803.06$48,841
Feb 201913,89650.852.79$38,801
Jan 201914,69046.033.23$47,422
Dec 201815,91546.594.19$66,611
Nov 201815,90652.934.24$67,398
Oct 201815,27161.443.40$51,892
Sep 20185,53559.543.11$17,203
Aug 201814,16459.403.07$43,435
Jul 201815,34965.142.93$45,001
Jun 201817,35160.183.08$53,388
May 201818,35465.382.90$53,241
Apr 201818,11963.842.90$52,560
Mar 201816,53561.222.79$46,080
Feb 201816,01961.782.77$44,310
Jan 201817,51862.874.01$70,235
Dec 201717,18257.272.92$50,198
Nov 201716,57455.423.12$51,684
Oct 201718,10649.292.98$54,023
Sep 201717,61647.523.09$54,386
Aug 201718,18745.373.00$54,641
Jul 201718,35543.873.09$56,667
Jun 201719,02642.493.09$58,739
May 201720,56045.373.26$67,096
Apr 201721,17247.933.21$67,996
Mar 201722,49346.772.98$67,112
Feb 201719,93250.452.95$58,851
Jan 201721,98349.413.42$75,155
Dec 201623,00848.763.72$85,655
Nov 201622,13242.492.64$58,525
Oct 201621,51046.193.09$66,471
Sep 201620,46541.553.10$63,454
Aug 201622,49441.442.92$65,780
Jul 201621,12641.622.92$61,780
Jun 201620,37445.352.69$54,721
May 201621,64642.521.99$43,098
Apr 201620,61636.561.99$41,047
Mar 201620,68833.011.79$37,114
Feb 201618,87926.472.06$38,959
Jan 201622,21827.352.36$52,531
Dec 201523,43932.362.00$46,911
Nov 201523,02138.792.17$49,894
Oct 201522,15343.552.43$53,756
Sep 201522,35142.992.76$61,653
Aug 201523,22440.162.87$66,711
Jul 201524,79048.152.95$73,009
Jun 201524,67456.152.88$71,132
May 201524,89455.212.96$73,573
Apr 201527,69849.822.71$74,967
Mar 201528,21142.892.93$82,791
Feb 201524,40844.662.98$72,643
Jan 201527,64543.433.10$85,717
Dec 201422,58654.693.59$81,114
Nov 201427,65270.464.25$117,572
Oct 201426,64278.303.90$103,929
Sep 201427,79386.164.05$112,435
Aug 201430,29789.394.04$122,252
Jul 201426,73496.564.18$111,737
Jun 201423,83898.164.74$112,918
May 201424,71294.734.73$116,803
Apr 201424,41295.944.81$117,400
Mar 201425,71395.895.06$130,026
Feb 201423,80397.406.19$147,388
Jan 201427,20590.404.86$132,236
Dec 201329,52091.824.35$128,544
Nov 201326,21688.853.74$98,003
Oct 201327,35397.423.78$103,377
Sep 201327,369104.113.72$101,751
Aug 201328,519104.253.52$100,461
Jul 201328,452102.523.72$105,777
Jun 201328,26994.403.93$111,194
May 201331,01394.834.15$128,675
Apr 201331,54293.964.28$135,081
Mar 201334,52993.623.91$135,107
Feb 201333,91591.233.42$115,986
Jan 201337,94491.603.42$129,765
Dec 201232,52486.773.42$111,237
Nov 201234,14186.953.62$123,760
Oct 201232,61189.383.40$110,867
Sep 201230,90194.672.92$90,181
Aug 201232,88992.662.91$95,646
Jul 201238,02085.133.02$114,851
Jun 201234,74479.822.52$87,522
May 201225,97291.612.49$64,627
Apr 201210,928101.652.00$21,821
Mar 201226,844105.052.22$59,650
Feb 201244,788101.102.57$115,116
Jan 201251,27398.092.73$140,184
Dec 201156,09696.873.24$181,736
Nov 201158,76995.723.31$194,601
Oct 201161,39684.983.65$224,006
Sep 201161,53483.623.99$245,262
Aug 201165,08483.404.15$270,054
Jul 201168,96094.144.52$311,509
Jun 201165,81492.904.64$305,369
May 201176,61398.134.40$337,466
Apr 201179,507105.964.33$344,526
Mar 2011109,99996.364.06$446,303
Feb 201160,85185.644.18$254,356

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                8,913 Mcf  × $  3.05 =    $27,148

────────────────────────────────────────────────────
Month total                                  $27,148

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/262094 is the state's own key, not one this site invented.