MCMAHON, MARK GU

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 262886District 09Field 65280200GasSaveExport
Value, all time
$3.1 M
Sep 2011 – May 2026
Value, last 12 filed months
$58 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
GasProduction927,952 Mcf$3,134,644
Total$3,134,644

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 20263,788106.413.05$11,538
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202699959.138.00$7,990
Dec 20251,54356.664.41$6,810
Nov 20251,49858.593.93$5,882
Oct 202594259.383.30$3,113
Sep 20251,80262.743.08$5,545
Aug 20251,55763.933.01$4,694
Jul 20252,19666.743.32$7,280
Jun 20251,64466.483.13$5,144
May 20251,52160.553.23$4,916
Apr 20251,92462.363.54$6,817
Mar 20251,38367.704.27$5,903
Feb 20251,14970.884.34$4,988
Jan 20251,16974.324.28$5,002
Dec 20241,80168.993.12$5,622
Nov 20242,03669.052.20$4,476
Oct 20241,60771.372.28$3,666
Sep 202436169.612.36$854
Aug 20242,36475.632.06$4,878
Jul 20242,11679.932.15$4,542
Jun 20241,84878.082.63$4,868
May 20242,15878.812.20$4,744
Apr 20242,27384.451.66$3,771
Mar 202497880.301.55$1,511
Feb 20241,62876.091.78$2,904
Jan 20241,38573.023.30$4,567
Dec 20232,23071.262.61$5,822
Nov 20232,16077.892.81$6,064
Oct 20232,19785.443.09$6,783
Sep 20232,74889.042.74$7,516
Aug 20231,99280.522.67$5,324
Jul 20231,79074.852.64$4,729
Jun 20231,93868.962.26$4,377
May 20232,19170.622.23$4,880
Apr 20231,45278.122.24$3,249
Mar 20231,85672.852.39$4,442
Feb 20231,27575.112.47$3,144
Jan 20233,45976.533.39$11,718
Dec 20221,88676.415.73$10,805
Nov 20221,92785.005.65$10,880
Oct 20221,98487.185.86$11,634
Sep 20222,05784.888.16$16,793
Aug 20222,18294.529.13$19,915
Jul 20221,936101.587.54$14,601
Jun 20222,093115.097.98$16,696
May 20222,090109.378.43$17,625
Apr 20222,145104.226.84$14,667
Mar 20222,825108.885.08$14,341
Feb 20221,43191.054.86$6,953
Jan 20223,18381.844.54$14,443
Dec 20212,60271.323.90$10,146
Nov 20213,18977.435.24$16,700
Oct 20211,83779.795.71$10,496
Sep 20212,10969.865.35$11,285
Aug 20212,40466.024.22$10,146
Jul 20212,95370.783.98$11,759
Jun 20212,03069.493.38$6,863
May 20212,52063.483.02$7,605
Apr 20213,21160.362.76$8,857
Mar 202191261.302.72$2,478
Feb 202145057.805.55$2,497
Jan 20213,07050.412.81$8,628
Dec 20202,69544.642.68$7,210
Nov 20203,07238.772.71$8,315
Oct 202044136.972.48$1,093
Sep 202064137.091.99$1,276
Aug 2020039.982.39$0
Jul 202034338.371.83$626
Jun 202022034.901.69$372
May 202031916.921.81$579
Apr 2020014.751.80$0
Mar 202078930.341.86$1,465
Feb 20201,75249.881.98$3,470
Jan 20201,68257.252.09$3,523
Dec 20191,99359.012.30$4,593
Nov 201939255.302.75$1,078
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 201918256.272.46$448
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 201791455.423.12$2,850
Oct 20175,36749.292.98$16,013
Sep 201742047.523.09$1,297
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 201750647.933.21$1,625
Mar 20172,99646.772.98$8,939
Feb 20176,41850.452.95$18,950
Jan 20175,23549.413.42$17,897
Dec 20166,40448.763.72$23,841
Nov 20166,03042.492.64$15,945
Oct 20162,44546.193.09$7,556
Sep 20162,36541.553.10$7,333
Aug 201691741.442.92$2,682
Jul 20161,19041.622.92$3,480
Jun 20165,67145.352.69$15,231
May 20166,77242.521.99$13,483
Apr 20164,80936.561.99$9,575
Mar 20169,09233.011.79$16,311
Feb 20167,59926.472.06$15,682
Jan 20169,40627.352.36$22,239
Dec 20159,39132.362.00$18,795
Nov 20159,62438.792.17$20,858
Oct 201510,93743.552.43$26,540
Sep 201511,05942.992.76$30,505
Aug 20157,74140.162.87$22,236
Jul 201510,08848.152.95$29,710
Jun 201510,98956.152.88$31,680
May 201511,36755.212.96$33,595
Apr 20159,68449.822.71$26,210
Mar 201570742.892.93$2,075
Feb 20154,50144.662.98$13,396
Jan 201511,24143.433.10$34,854
Dec 201413,15854.693.59$47,255
Nov 20148,20570.464.25$34,886
Oct 201414,61478.303.90$57,009
Sep 201415,14886.164.05$61,280
Aug 201415,82689.394.04$63,860
Jul 20145,72296.564.18$23,916
Jun 201417,61598.164.74$83,440
May 201415,61994.734.73$73,824
Apr 20149,99695.944.81$48,072
Mar 20148,77095.895.06$44,348
Feb 20144,54597.406.19$28,143
Jan 20141,15790.404.86$5,624
Dec 201381491.824.35$3,545
Nov 20132,06688.853.74$7,723
Oct 20137,42197.423.78$28,047
Sep 201310,856104.113.72$40,360
Aug 201310,003104.253.52$35,237
Jul 20138,267102.523.72$30,735
Jun 20138,18394.403.93$32,187
May 201312,05194.834.15$50,001
Apr 201314,34893.964.28$61,447
Mar 201317,21493.623.91$67,356
Feb 201316,04091.233.42$54,855
Jan 201311,72891.603.42$40,109
Dec 201212,35886.773.42$42,266
Nov 20128,12986.953.62$29,467
Oct 201217,43689.383.40$59,277
Sep 201213,24894.672.92$38,663
Aug 201213,84292.662.91$40,255
Jul 201215,51985.133.02$46,880
Jun 201211,18279.822.52$28,168
May 201214,37391.612.49$35,765
Apr 201218,781101.652.00$37,502
Mar 201222,690105.052.22$50,419
Feb 201216,444101.102.57$42,265
Jan 201229,13998.092.73$79,668
Dec 201132,05796.873.24$103,856
Nov 201137,16695.723.31$123,067
Oct 201154,93684.983.65$200,436
Sep 201132,89683.623.99$131,117

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                3,788 Mcf  × $  3.05 =    $11,538

────────────────────────────────────────────────────
Month total                                  $11,538

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/262886 is the state's own key, not one this site invented.