PEIKOFF, MIKE

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 262776District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Aug 2011 – May 2026
Value, last 12 filed months
$130 k
at the published price for each month
Months reported
178
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
GasProduction1,815,242 Mcf$6,096,941
Total$6,096,941

Every month this lease reported (178)

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

178 months

May 20262,610106.413.05$7,950
Apr 20262,62998.932.87$7,544
Mar 20261,98889.753.15$6,261
Feb 20262,15363.503.75$8,074
Jan 20262,62959.138.00$21,027
Dec 20253,01956.664.41$13,324
Nov 20252,94858.593.93$11,575
Oct 20253,23459.383.30$10,688
Sep 20253,39362.743.08$10,440
Aug 20253,59963.933.01$10,850
Jul 20253,51366.743.32$11,646
Jun 20253,55066.483.13$11,107
May 20253,58260.553.23$11,578
Apr 20253,58862.363.54$12,713
Mar 20253,75267.704.27$16,015
Feb 20253,46670.884.34$15,045
Jan 20253,84974.324.28$16,469
Dec 20243,86468.993.12$12,061
Nov 20243,73769.052.20$8,216
Oct 20243,19771.372.28$7,294
Sep 20243,98469.612.36$9,420
Aug 20243,99375.632.06$8,240
Jul 20244,05779.932.15$8,709
Jun 20243,75078.082.63$9,877
May 20243,68878.812.20$8,108
Apr 20243,54984.451.66$5,889
Mar 20243,45280.301.55$5,334
Feb 20243,12276.091.78$5,569
Jan 20244,51273.023.30$14,879
Dec 20234,16571.262.61$10,874
Nov 20234,20477.892.81$11,803
Oct 20234,23085.443.09$13,059
Sep 20234,17389.042.74$11,413
Aug 20234,34580.522.67$11,614
Jul 20234,86974.852.64$12,863
Jun 20234,72168.962.26$10,662
May 20234,61970.622.23$10,288
Apr 20234,45278.122.24$9,963
Mar 20234,60672.852.39$11,023
Feb 20234,11075.112.47$10,134
Jan 20234,22476.533.39$14,310
Dec 20224,59376.415.73$26,314
Nov 20225,12685.005.65$28,942
Oct 20225,23087.185.86$30,667
Sep 20224,66384.888.16$38,067
Aug 20224,19094.529.13$38,243
Jul 20224,946101.587.54$37,303
Jun 20224,888115.097.98$38,993
May 20224,455109.378.43$37,569
Apr 20224,148104.226.84$28,362
Mar 20224,977108.885.08$25,265
Feb 20224,92391.054.86$23,920
Jan 20226,40781.844.54$29,073
Dec 20216,60771.323.90$25,761
Nov 20216,18577.435.24$32,390
Oct 20216,37079.795.71$36,397
Sep 20216,22069.865.35$33,283
Aug 20216,06666.024.22$25,602
Jul 20216,28470.783.98$25,023
Jun 20216,43169.493.38$21,741
May 20216,84263.483.02$20,647
Apr 20216,25060.362.76$17,240
Mar 20216,21661.302.72$16,889
Feb 20215,60357.805.55$31,085
Jan 20216,49150.412.81$18,241
Dec 20206,18544.642.68$16,548
Nov 20207,13738.772.71$19,317
Oct 20207,65936.972.48$18,982
Sep 20207,72437.091.99$15,379
Aug 20206,80039.982.39$16,219
Jul 20205,87538.371.83$10,723
Jun 20205,48334.901.69$9,268
May 20206,57716.921.81$11,936
Apr 20206,09114.751.80$10,990
Mar 20206,02630.341.86$11,186
Feb 20205,67949.881.98$11,248
Jan 20206,48757.252.09$13,589
Dec 20198,03659.012.30$18,518
Nov 20197,29755.302.75$20,072
Oct 20197,41753.472.42$17,938
Sep 20198,12055.052.66$21,577
Aug 20197,00953.112.30$16,151
Jul 20198,68756.272.46$21,371
Jun 20198,00552.782.49$19,942
May 20196,65858.482.74$18,245
Apr 20196,49062.632.75$17,852
Mar 20196,25356.803.06$19,147
Feb 20196,05450.852.79$16,904
Jan 20196,94846.033.23$22,429
Dec 20186,77546.594.19$28,356
Nov 20186,41552.934.24$27,182
Oct 20186,82261.443.40$23,182
Sep 20187,51359.543.11$23,350
Aug 20188,03259.403.07$24,631
Jul 20187,92665.142.93$23,238
Jun 20187,68460.183.08$23,643
May 20188,17265.382.90$23,705
Apr 20187,82163.842.90$22,687
Mar 20188,64061.222.79$24,078
Feb 20187,31661.782.77$20,237
Jan 20187,98262.874.01$32,002
Dec 20178,65257.272.92$25,277
Nov 20178,53555.423.12$26,615
Oct 20179,64749.292.98$28,784
Sep 20176,34447.523.09$19,586
Aug 20176,99745.373.00$21,022
Jul 201710,69443.873.09$33,015
Jun 20179,21742.493.09$28,455
May 201710,21545.373.26$33,336
Apr 201710,81347.933.21$34,727
Mar 20178,17746.772.98$24,398
Feb 20179,13050.452.95$26,957
Jan 201710,48749.413.42$35,853
Dec 20169,59248.763.72$35,709
Nov 20169,58242.492.64$25,338
Oct 201610,85146.193.09$33,532
Sep 201610,54341.553.10$32,690
Aug 201611,56941.442.92$33,832
Jul 201611,52541.622.92$33,703
Jun 201611,16845.352.69$29,995
May 201612,06942.521.99$24,030
Apr 201610,89536.561.99$21,692
Mar 201611,20233.011.79$20,097
Feb 201610,48426.472.06$21,635
Jan 201611,71927.352.36$27,708
Dec 201511,55432.362.00$23,124
Nov 201511,26338.792.17$24,411
Oct 201512,21043.552.43$29,629
Sep 201511,48842.992.76$31,689
Aug 201511,86140.162.87$34,071
Jul 201511,00048.152.95$32,396
Jun 201510,84156.152.88$31,253
May 201511,57955.212.96$34,221
Apr 201511,68649.822.71$31,629
Mar 201512,13142.892.93$35,601
Feb 201511,24544.662.98$33,467
Jan 201512,59643.433.10$39,056
Dec 201412,65254.693.59$45,438
Nov 201412,43070.464.25$52,850
Oct 201413,40578.303.90$52,292
Sep 201413,88286.164.05$56,159
Aug 201414,59189.394.04$58,876
Jul 201414,22296.564.18$59,442
Jun 201414,04198.164.74$66,511
May 201414,99694.734.73$70,879
Apr 201415,52495.944.81$74,657
Mar 201416,33595.895.06$82,603
Feb 201415,72097.406.19$97,338
Jan 201417,96490.404.86$87,318
Dec 201317,11091.824.35$74,505
Nov 201316,82488.853.74$62,893
Oct 201317,55297.423.78$66,335
Sep 201317,049104.113.72$63,384
Aug 201318,065104.253.52$63,636
Jul 201317,989102.523.72$66,878
Jun 201317,75994.403.93$69,853
May 201317,76894.834.15$73,721
Apr 201318,03193.964.28$77,219
Mar 201318,74593.623.91$73,347
Feb 201318,20091.233.42$62,242
Jan 201319,19991.603.42$65,659
Dec 201218,76586.773.42$64,179
Nov 201217,71186.953.62$64,202
Oct 201219,01689.383.40$64,648
Sep 201219,55494.672.92$57,066
Aug 201218,91992.662.91$55,019
Jul 201221,96085.133.02$66,337
Jun 201223,49479.822.52$59,182
May 201226,59891.612.49$66,184
Apr 201227,790101.652.00$55,491
Mar 201231,132105.052.22$69,178
Feb 201235,785101.102.57$91,976
Jan 201232,79098.092.73$89,650
Dec 201123,01796.873.24$74,569
Nov 201140,26895.723.31$133,339
Oct 201148,20084.983.65$175,860
Sep 201152,10183.623.99$207,664
Aug 201147,49783.404.15$197,080

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                2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                   $7,950

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/262776 is the state's own key, not one this site invented.