MELTON, JAMES

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 263052District 09Field 65280200GasSaveExport
Value, all time
$7.7 M
Sep 2011 – May 2026
Value, last 12 filed months
$149 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
GasProduction2,365,710 Mcf$7,718,922
Total$7,718,922

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 20263,509106.413.05$10,688
Apr 20263,44998.932.87$9,898
Mar 20263,63889.753.15$11,458
Feb 20262,93363.503.75$11,000
Jan 20262,41159.138.00$19,283
Dec 20253,85856.664.41$17,027
Nov 20253,80358.593.93$14,932
Oct 20253,78859.383.30$12,519
Sep 20253,96362.743.08$12,194
Aug 20253,01063.933.01$9,074
Jul 20252,69366.743.32$8,928
Jun 20253,92766.483.13$12,286
May 20254,39560.553.23$14,206
Apr 20254,25762.363.54$15,083
Mar 20254,80567.704.27$20,509
Feb 20254,16870.884.34$18,093
Jan 20255,00174.324.28$21,398
Dec 20244,50968.993.12$14,074
Nov 20244,36969.052.20$9,605
Oct 20244,64071.372.28$10,586
Sep 20244,62669.612.36$10,938
Aug 20244,68375.632.06$9,664
Jul 20244,41079.932.15$9,466
Jun 20244,27878.082.63$11,268
May 20244,67878.812.20$10,284
Apr 20244,56584.451.66$7,574
Mar 20244,80580.301.55$7,424
Feb 20244,95576.091.78$8,838
Jan 20243,86573.023.30$12,745
Dec 20235,23171.262.61$13,657
Nov 20235,20577.892.81$14,613
Oct 20235,07585.443.09$15,668
Sep 20234,88989.042.74$13,372
Aug 20235,26380.522.67$14,067
Jul 20234,66374.852.64$12,319
Jun 20234,27368.962.26$9,650
May 20235,67270.622.23$12,634
Apr 20235,50078.122.24$12,308
Mar 20235,22472.852.39$12,502
Feb 20234,54975.112.47$11,216
Jan 20234,47476.533.39$15,157
Dec 20223,32376.415.73$19,038
Nov 20224,70085.005.65$26,537
Oct 20224,88587.185.86$28,644
Sep 20224,74484.888.16$38,729
Aug 20225,19894.529.13$47,443
Jul 20225,341101.587.54$40,282
Jun 20225,636115.097.98$44,960
May 20225,914109.378.43$49,873
Apr 20225,086104.226.84$34,776
Mar 20225,309108.885.08$26,951
Feb 20224,35391.054.86$21,151
Jan 20225,90281.844.54$26,781
Dec 202111,78671.323.90$45,955
Nov 202112,13977.435.24$63,570
Oct 202112,44679.795.71$71,115
Sep 202111,73169.865.35$62,772
Aug 202112,33666.024.22$52,065
Jul 202112,31070.783.98$49,019
Jun 202111,67569.493.38$39,469
May 202112,50663.483.02$37,739
Apr 202112,03160.362.76$33,187
Mar 202112,42961.302.72$33,769
Feb 202111,08457.805.55$61,493
Jan 202112,63350.412.81$35,502
Dec 202013,03044.642.68$34,861
Nov 202012,29038.772.71$33,264
Oct 202013,01936.972.48$32,267
Sep 202013,21537.091.99$26,312
Aug 202011,31539.982.39$26,987
Jul 202011,71038.371.83$21,372
Jun 202011,80834.901.69$19,959
May 202012,34616.921.81$22,405
Apr 202011,95314.751.80$21,568
Mar 202012,48730.341.86$23,179
Feb 202013,79449.881.98$27,321
Jan 202016,08057.252.09$33,683
Dec 201914,08559.012.30$32,457
Nov 201913,43955.302.75$36,967
Oct 201914,94553.472.42$36,145
Sep 201915,05355.052.66$40,000
Aug 201915,04153.112.30$34,660
Jul 201915,09656.272.46$37,137
Jun 201915,03652.782.49$37,458
May 201915,84458.482.74$43,418
Apr 201915,67162.632.75$43,106
Mar 201916,97956.803.06$51,991
Feb 201915,09650.852.79$42,151
Jan 201916,52346.033.23$53,339
Dec 201816,86746.594.19$70,596
Nov 201816,82352.934.24$71,283
Oct 201817,06461.443.40$57,985
Sep 201813,25659.543.11$41,200
Aug 201815,48959.403.07$47,498
Jul 20189,06765.142.93$26,583
Jun 20188,86560.183.08$27,277
May 20186,55365.382.90$19,009
Apr 20184,60363.842.90$13,352
Mar 20185,22861.222.79$14,570
Feb 20189,72361.782.77$26,895
Jan 20187,87962.874.01$31,589
Dec 20178,46957.272.92$24,742
Nov 20178,42355.423.12$26,266
Oct 20177,15149.292.98$21,336
Sep 201711,66447.523.09$36,010
Aug 201711,07845.373.00$33,283
Jul 201712,00043.873.09$37,047
Jun 201711,66142.493.09$36,001
May 201712,83945.373.26$41,899
Apr 201712,57347.933.21$40,379
Mar 201713,24746.772.98$39,525
Feb 201711,94350.452.95$35,263
Jan 201714,02349.413.42$47,942
Dec 201614,10948.763.72$52,525
Nov 201614,04542.492.64$37,140
Oct 201614,86746.193.09$45,943
Sep 201614,69841.553.10$45,573
Aug 201615,43141.442.92$45,125
Jul 201615,43841.622.92$45,146
Jun 201616,46545.352.69$44,222
May 201616,77942.521.99$33,408
Apr 201617,59336.561.99$35,028
Mar 201618,87833.011.79$33,867
Feb 201618,31826.472.06$37,802
Jan 201617,74227.352.36$41,948
Dec 20158,88132.362.00$17,775
Nov 2015238.792.17$4
Oct 20151443.552.43$34
Sep 20153442.992.76$94
Aug 20154040.162.87$115
Jul 20151748.152.95$50
Jun 20152,75656.152.88$7,945
May 201514,94355.212.96$44,163
Apr 201515,62649.822.71$42,293
Mar 201516,73242.892.93$49,104
Feb 201515,80644.662.98$47,042
Jan 201517,67343.433.10$54,797
Dec 201419,14454.693.59$68,753
Nov 201418,97270.464.25$80,666
Oct 201418,53678.303.90$72,308
Sep 201413,99586.164.05$56,616
Aug 201414,96489.394.04$60,382
Jul 201414,49396.564.18$60,575
Jun 201415,00498.164.74$71,072
May 201416,09294.734.73$76,060
Apr 201416,04195.944.81$77,143
Mar 201416,77895.895.06$84,843
Feb 201415,58997.406.19$96,527
Jan 201417,88790.404.86$86,944
Dec 201318,20691.824.35$79,278
Nov 201318,23088.853.74$68,149
Oct 201319,29597.423.78$72,923
Sep 201318,639104.113.72$69,295
Aug 201319,673104.253.52$69,300
Jul 201320,187102.523.72$75,050
Jun 201320,17894.403.93$79,368
May 201321,50894.834.15$89,238
Apr 201321,66093.964.28$92,761
Mar 201323,05593.623.91$90,211
Feb 201321,88991.233.42$74,858
Jan 201325,21691.603.42$86,236
Dec 201226,42186.773.42$90,364
Nov 201226,84686.953.62$97,316
Oct 201227,98789.383.40$95,147
Sep 201228,48494.672.92$83,128
Aug 201231,16092.662.91$90,618
Jul 201232,85585.133.02$99,248
Jun 201234,51679.822.52$86,947
May 201238,33191.612.49$95,380
Apr 201239,893101.652.00$79,658
Mar 201244,205105.052.22$98,227
Feb 201245,408101.102.57$116,709
Jan 201253,63498.092.73$146,640
Dec 201160,05596.873.24$194,563
Nov 201166,53795.723.31$220,323
Oct 201182,88384.983.65$302,402
Sep 20118,52883.623.99$33,991

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                3,509 Mcf  × $  3.05 =    $10,688

────────────────────────────────────────────────────
Month total                                  $10,688

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/263052 is the state's own key, not one this site invented.