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 262779District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$222 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
GasProduction1,847,680 Mcf$6,218,943
Total$6,218,943

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 20265,136106.413.05$15,643
Apr 20265,00098.932.87$14,349
Mar 20265,23989.753.15$16,500
Feb 20264,66663.503.75$17,499
Jan 20265,09859.138.00$40,773
Dec 20255,09756.664.41$22,495
Nov 20254,89258.593.93$19,208
Oct 20255,10659.383.30$16,875
Sep 20254,61262.743.08$14,191
Aug 20254,85763.933.01$14,643
Jul 20254,59266.743.32$15,223
Jun 20254,73866.483.13$14,824
May 20254,76760.553.23$15,408
Apr 20254,76162.363.54$16,869
Mar 20254,95567.704.27$21,150
Feb 20254,45870.884.34$19,351
Jan 20254,96874.324.28$21,256
Dec 20245,16068.993.12$16,106
Nov 20245,00869.052.20$11,010
Oct 20245,06971.372.28$11,564
Sep 20244,87869.612.36$11,533
Aug 20245,04775.632.06$10,415
Jul 20244,88879.932.15$10,493
Jun 20244,92778.082.63$12,978
May 20245,29078.812.20$11,630
Apr 20245,13584.451.66$8,520
Mar 20245,50880.301.55$8,511
Feb 20245,04376.091.78$8,995
Jan 20245,52473.023.30$18,216
Dec 20235,49871.262.61$14,354
Nov 20235,13777.892.81$14,422
Oct 20235,26185.443.09$16,242
Sep 20235,37089.042.74$14,687
Aug 20235,51080.522.67$14,728
Jul 20235,22774.852.64$13,809
Jun 20235,03768.962.26$11,376
May 20235,25370.622.23$11,701
Apr 20235,33278.122.24$11,932
Mar 20235,50372.852.39$13,170
Feb 20235,10875.112.47$12,595
Jan 20235,72676.533.39$19,398
Dec 20225,75676.415.73$32,977
Nov 20225,59685.005.65$31,596
Oct 20225,82187.185.86$34,133
Sep 20225,80784.888.16$47,406
Aug 20226,05094.529.13$55,219
Jul 20225,961101.587.54$44,958
Jun 20225,834115.097.98$46,539
May 20225,821109.378.43$49,089
Apr 20225,588104.226.84$38,209
Mar 20225,813108.885.08$29,509
Feb 20225,18591.054.86$25,193
Jan 20225,70781.844.54$25,897
Dec 20213,89871.323.90$15,199
Nov 20215,05277.435.24$26,457
Oct 20215,27079.795.71$30,112
Sep 20215,17869.865.35$27,707
Aug 20215,31466.024.22$22,428
Jul 20215,37270.783.98$21,392
Jun 20215,17769.493.38$17,501
May 20215,26663.483.02$15,891
Apr 20214,54560.362.76$12,537
Mar 20215,35961.302.72$14,560
Feb 20214,53157.805.55$25,138
Jan 20215,36350.412.81$15,071
Dec 20205,70844.642.68$15,272
Nov 20205,54938.772.71$15,019
Oct 20205,94136.972.48$14,724
Sep 20204,08137.091.99$8,125
Aug 20205,45239.982.39$13,004
Jul 20205,39338.371.83$9,843
Jun 20205,58334.901.69$9,437
May 20206,56416.921.81$11,912
Apr 20206,69714.751.80$12,084
Mar 20207,29530.341.86$13,541
Feb 20207,00749.881.98$13,879
Jan 20207,76457.252.09$16,264
Dec 20197,30259.012.30$16,826
Nov 20197,26255.302.75$19,976
Oct 20198,12353.472.42$19,646
Sep 20197,47055.052.66$19,850
Aug 20197,64853.112.30$17,624
Jul 20197,41056.272.46$18,229
Jun 20197,25552.782.49$18,074
May 20196,82058.482.74$18,689
Apr 20197,81862.632.75$21,505
Mar 20198,95956.803.06$27,433
Feb 20198,05050.852.79$22,477
Jan 20198,72446.033.23$28,163
Dec 20188,43346.594.19$35,296
Nov 20186,44752.934.24$27,317
Oct 20187,51161.443.40$25,523
Sep 20187,22459.543.11$22,452
Aug 20187,22459.403.07$22,153
Jul 20187,46365.142.93$21,881
Jun 20187,68360.183.08$23,640
May 20189,40965.382.90$27,294
Apr 20188,01663.842.90$23,253
Mar 20189,09761.222.79$25,352
Feb 20188,88161.782.77$24,566
Jan 20189,53162.874.01$38,213
Dec 201710,18757.272.92$29,762
Nov 20179,37455.423.12$29,232
Oct 201710,51049.292.98$31,358
Sep 201711,10247.523.09$34,275
Aug 201710,89545.373.00$32,733
Jul 20178,73843.873.09$26,977
Jun 20176,96042.493.09$21,487
May 20178,72645.373.26$28,476
Apr 20178,63247.933.21$27,723
Mar 20178,82246.772.98$26,322
Feb 20177,69150.452.95$22,708
Jan 20178,67649.413.42$29,662
Dec 20168,98348.763.72$33,442
Nov 20168,80342.492.64$23,278
Oct 20169,26746.193.09$28,637
Sep 20169,00841.553.10$27,930
Aug 20169,45641.442.92$27,653
Jul 20169,59041.622.92$28,044
Jun 20169,66145.352.69$25,948
May 20169,81942.521.99$19,550
Apr 20169,07536.561.99$18,069
Mar 20169,54633.011.79$17,126
Feb 20169,38526.472.06$19,367
Jan 20169,66427.352.36$22,849
Dec 201510,13432.362.00$20,282
Nov 20159,79238.792.17$21,223
Oct 201510,28743.552.43$24,962
Sep 20159,82142.992.76$27,090
Aug 201510,32740.162.87$29,664
Jul 201510,53748.152.95$31,032
Jun 201510,16656.152.88$29,307
May 201510,75255.212.96$31,777
Apr 201510,72949.822.71$29,039
Mar 201511,44742.892.93$33,594
Feb 201510,60144.662.98$31,551
Jan 201511,89543.433.10$36,882
Dec 201412,32054.693.59$44,246
Nov 201412,14970.464.25$51,656
Oct 201412,73278.303.90$49,667
Sep 201412,53486.164.05$50,706
Aug 201412,87489.394.04$51,948
Jul 201413,13696.564.18$54,903
Jun 201412,84298.164.74$60,831
May 201413,50394.734.73$63,823
Apr 201413,78195.944.81$66,274
Mar 201414,31595.895.06$72,388
Feb 201413,17497.406.19$81,573
Jan 201414,49190.404.86$70,437
Dec 201314,67191.824.35$63,885
Nov 201314,63388.853.74$54,702
Oct 201315,30497.423.78$57,839
Sep 201315,416104.113.72$57,313
Aug 201315,937104.253.52$56,140
Jul 201316,845102.523.72$62,625
Jun 201317,03994.403.93$67,021
May 201317,78394.834.15$73,783
Apr 201318,06993.964.28$77,382
Mar 201319,16593.623.91$74,990
Feb 201318,41891.233.42$62,988
Jan 201320,75991.603.42$70,994
Dec 201220,67186.773.42$70,698
Nov 201220,50586.953.62$74,330
Oct 201220,89189.383.40$71,023
Sep 201221,22694.672.92$61,946
Aug 201222,35092.662.91$64,997
Jul 201223,42785.133.02$70,768
Jun 201224,55479.822.52$61,853
May 201227,44291.612.49$68,284
Apr 201228,622101.652.00$57,152
Mar 201232,076105.052.22$71,275
Feb 201234,989101.102.57$89,930
Jan 201238,62798.092.73$105,609
Dec 201124,51796.873.24$79,429
Nov 201141,74895.723.31$138,239
Oct 201148,49484.983.65$176,932
Sep 201155,08683.623.99$219,562
Aug 201151,06883.404.15$211,897

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                5,136 Mcf  × $  3.05 =    $15,643

────────────────────────────────────────────────────
Month total                                  $15,643

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/262779 is the state's own key, not one this site invented.