MCMAHON

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 262666District 09Field 65280200GasSaveExport
Value, all time
$11.1 M
Sep 2011 – May 2026
Value, last 12 filed months
$392 k
at the published price for each month
Months reported
177
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
GasProduction3,316,180 Mcf$11,088,334
Total$11,088,334

Every month this lease reported (177)

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

177 months

May 20268,392106.413.05$25,561
Apr 20267,05198.932.87$20,234
Mar 20268,20889.753.15$25,851
Feb 20268,18563.503.75$30,696
Jan 20268,83859.138.00$70,686
Dec 20259,04656.664.41$39,923
Nov 20259,07458.593.93$35,629
Oct 20259,02559.383.30$29,826
Sep 20258,74762.743.08$26,914
Aug 20259,26463.933.01$27,929
Jul 20259,30366.743.32$30,841
Jun 20258,77766.483.13$27,461
May 20259,10860.553.23$29,440
Apr 20258,88162.363.54$31,466
Mar 20259,37867.704.27$40,028
Feb 20258,68770.884.34$37,709
Jan 20259,25974.324.28$39,616
Dec 20249,44868.993.12$29,491
Nov 20249,31169.052.20$20,470
Oct 20249,43371.372.28$21,520
Sep 20249,47869.612.36$22,409
Aug 202410,16575.632.06$20,977
Jul 20249,90079.932.15$21,251
Jun 20249,76578.082.63$25,721
May 202410,05278.812.20$22,099
Apr 202410,42484.451.66$17,296
Mar 202410,35880.301.55$16,004
Feb 20249,42476.091.78$16,809
Jan 202410,50173.023.30$34,629
Dec 202310,36771.262.61$27,065
Nov 20239,68177.892.81$27,180
Oct 202310,01785.443.09$30,925
Sep 20239,75789.042.74$26,686
Aug 20239,53080.522.67$25,473
Jul 202310,47174.852.64$27,662
Jun 202310,02168.962.26$22,632
May 202310,67070.622.23$23,766
Apr 202310,30678.122.24$23,062
Mar 202310,67272.852.39$25,540
Feb 20239,91475.112.47$24,445
Jan 202310,88676.533.39$36,879
Dec 202210,67876.415.73$61,175
Nov 202210,74785.005.65$60,680
Oct 202211,73887.185.86$68,829
Sep 202211,37584.888.16$92,862
Aug 202212,15694.529.13$110,950
Jul 202211,879101.587.54$89,592
Jun 202211,597115.097.98$92,512
May 202212,107109.378.43$102,099
Apr 202211,915104.226.84$81,470
Mar 202211,955108.885.08$60,688
Feb 202210,38791.054.86$50,469
Jan 202211,47181.844.54$52,052
Dec 202111,80371.323.90$46,021
Nov 202112,02377.435.24$62,963
Oct 202112,99579.795.71$74,252
Sep 202112,61169.865.35$67,480
Aug 202113,22666.024.22$55,822
Jul 202112,60070.783.98$50,174
Jun 202112,58969.493.38$42,559
May 202113,00863.483.02$39,254
Apr 202112,18960.362.76$33,622
Mar 202112,98161.302.72$35,269
Feb 20219,51557.805.55$52,789
Jan 202113,23850.412.81$37,202
Dec 202013,29244.642.68$35,562
Nov 202012,68038.772.71$34,319
Oct 202013,73136.972.48$34,031
Sep 202013,17137.091.99$26,224
Aug 202013,11939.982.39$31,290
Jul 202013,25938.371.83$24,199
Jun 202012,77334.901.69$21,590
May 202013,58816.921.81$24,659
Apr 202012,81814.751.80$23,129
Mar 202013,58430.341.86$25,215
Feb 202013,04249.881.98$25,832
Jan 202014,00757.252.09$29,341
Dec 201914,48659.012.30$33,381
Nov 201914,24955.302.75$39,195
Oct 201914,55753.472.42$35,207
Sep 201914,10755.052.66$37,486
Aug 201914,48953.112.30$33,388
Jul 201917,24556.272.46$42,424
Jun 201915,69752.782.49$39,104
May 201916,92458.482.74$46,377
Apr 201916,33162.632.75$44,922
Mar 201916,40356.803.06$50,228
Feb 201914,32950.852.79$40,010
Jan 201913,82546.033.23$44,630
Dec 201812,79946.594.19$53,569
Nov 201812,46352.934.24$52,809
Oct 201815,92561.443.40$54,114
Sep 201812,29159.543.11$38,200
Aug 201814,51259.403.07$44,502
Jul 201811,54765.142.93$33,854
Jun 201811,72260.183.08$36,068
May 201812,61165.382.90$36,582
Apr 201812,74863.842.90$36,979
Mar 201814,08161.222.79$39,241
Feb 201832261.782.77$891
Jan 201811,91662.874.01$47,775
Dec 201716,08157.272.92$46,981
Nov 201716,45155.423.12$51,300
Oct 201716,55249.292.98$49,386
Sep 201713,63447.523.09$42,092
Aug 201715,18245.373.00$45,613
Jul 20178,44143.873.09$26,060
Jun 201714,72642.493.09$45,463
May 201712,97045.373.26$42,326
Apr 201716,58147.933.21$53,252
Mar 201718,65746.772.98$55,667
Feb 201716,75450.452.95$49,468
Jan 201719,20949.413.42$65,672
Dec 201620,11948.763.72$74,900
Nov 201619,21542.492.64$50,811
Oct 201619,13346.193.09$59,126
Sep 201618,56741.553.10$57,569
Aug 201621,40841.442.92$62,604
Jul 201620,95941.622.92$61,291
Jun 201620,74045.352.69$55,704
May 201621,25042.521.99$42,310
Apr 201620,69336.561.99$41,201
Mar 201621,95233.011.79$39,382
Feb 201620,20426.472.06$41,694
Jan 201621,99227.352.36$51,997
Dec 201522,42032.362.00$44,872
Nov 201520,92638.792.17$45,354
Oct 201520,88343.552.43$50,674
Sep 201521,57742.992.76$59,518
Aug 201523,16540.162.87$66,541
Jul 201522,34348.152.95$65,802
Jun 201521,22656.152.88$61,192
May 201521,48255.212.96$63,489
Apr 201512,19749.822.71$33,012
Mar 201527,54442.892.93$80,834
Feb 201523,03744.662.98$68,562
Jan 201523,70543.433.10$73,500
Dec 201422,22654.693.59$79,822
Nov 201420,83870.464.25$88,600
Oct 201421,97678.303.90$85,728
Sep 201421,84086.164.05$88,352
Aug 201421,27289.394.04$85,835
Jul 201414,24596.564.18$59,538
Jun 201421,87598.164.74$103,619
May 201430,15594.734.73$142,529
Apr 201429,78695.944.81$143,244
Mar 201429,15995.895.06$147,451
Feb 201424,56197.406.19$152,082
Jan 201424,83290.404.86$120,701
Dec 201327,88891.824.35$121,438
Nov 201329,54688.853.74$110,451
Oct 201333,27597.423.78$125,758
Sep 201333,993104.113.72$126,377
Aug 201327,692104.253.52$97,548
Jul 201332,001102.523.72$118,971
Jun 201333,80394.403.93$132,961
May 201335,45594.834.15$147,106
Apr 201333,74993.964.28$144,533
Mar 201336,95593.623.91$144,600
Feb 201334,81791.233.42$119,071
Jan 201338,71391.603.42$132,395
Dec 201239,84986.773.42$136,290
Nov 201239,23886.953.62$142,236
Oct 201241,83789.383.40$142,232
Sep 201240,85594.672.92$119,231
Aug 201243,12692.662.91$125,417
Jul 201234,24285.133.02$103,438
Jun 201245,79179.822.52$115,349
May 201248,01991.612.49$119,487
Apr 201246,766101.652.00$93,382
Mar 201249,768105.052.22$110,588
Feb 201249,506101.102.57$127,242
Jan 201255,98898.092.73$153,076
Dec 201159,44396.873.24$192,580
Nov 201160,71495.723.31$201,041
Oct 201162,67184.983.65$228,658
Sep 201164,54083.623.99$257,244

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                8,392 Mcf  × $  3.05 =    $25,561

────────────────────────────────────────────────────
Month total                                  $25,561

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/262666 is the state's own key, not one this site invented.