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 263210District 09Field 65280200GasSaveExport
Value, all time
$6.8 M
Sep 2011 – May 2026
Value, last 12 filed months
$112 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
GasProduction2,103,961 Mcf$6,834,777
Total$6,834,777

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 20262,428106.413.05$7,395
Apr 20262,37598.932.87$6,816
Mar 20262,46289.753.15$7,754
Feb 20261,99963.503.75$7,497
Jan 20262,10759.138.00$16,852
Dec 20252,17756.664.41$9,608
Nov 20252,56358.593.93$10,063
Oct 20253,01459.383.30$9,961
Sep 20253,08962.743.08$9,505
Aug 20253,08963.933.01$9,313
Jul 20252,59466.743.32$8,600
Jun 20252,63066.483.13$8,229
May 20252,73560.553.23$8,840
Apr 20252,61462.363.54$9,262
Mar 20252,03967.704.27$8,703
Feb 20252,07070.884.34$8,986
Jan 20253,11774.324.28$13,337
Dec 20243,11968.993.12$9,736
Nov 20243,41569.052.20$7,508
Oct 20243,42771.372.28$7,818
Sep 20241,57769.612.36$3,729
Aug 20242,55875.632.06$5,279
Jul 20243,55379.932.15$7,627
Jun 20242,56278.082.63$6,748
May 20241,35978.812.20$2,988
Apr 20243,58084.451.66$5,940
Mar 20242,92280.301.55$4,515
Feb 20242,33576.091.78$4,165
Jan 20242,93173.023.30$9,665
Dec 20232,15271.262.61$5,618
Nov 20233,08977.892.81$8,673
Oct 20232,14085.443.09$6,607
Sep 20232,76289.042.74$7,554
Aug 20232,60080.522.67$6,949
Jul 20232,11874.852.64$5,595
Jun 20232,68268.962.26$6,057
May 20233,15270.622.23$7,021
Apr 20232,42478.122.24$5,424
Mar 202330672.852.39$732
Feb 2023075.112.47$0
Jan 20232,62576.533.39$8,893
Dec 20222,69376.415.73$15,428
Nov 20223,51785.005.65$19,858
Oct 20224,04387.185.86$23,707
Sep 20223,01684.888.16$24,622
Aug 20224,37594.529.13$39,931
Jul 20224,413101.587.54$33,283
Jun 20224,438115.097.98$35,403
May 20224,628109.378.43$39,028
Apr 20224,246104.226.84$29,032
Mar 20224,336108.885.08$22,011
Feb 20223,85791.054.86$18,741
Jan 20224,34181.844.54$19,698
Dec 202110,20171.323.90$39,775
Nov 202110,10577.435.24$52,918
Oct 202110,76879.795.71$61,527
Sep 202110,52369.865.35$56,308
Aug 202110,99166.024.22$46,389
Jul 202111,16070.783.98$44,440
Jun 202110,59869.493.38$35,828
May 20219,61863.483.02$29,024
Apr 20219,86260.362.76$27,204
Mar 202110,62961.302.72$28,878
Feb 202110,27957.805.55$57,027
Jan 202111,92250.412.81$33,504
Dec 202012,10244.642.68$32,378
Nov 202011,89838.772.71$32,203
Oct 202011,92736.972.48$29,560
Sep 202011,04937.091.99$21,999
Aug 202010,76639.982.39$25,678
Jul 202011,89638.371.83$21,712
Jun 202011,24134.901.69$19,001
May 202010,56616.921.81$19,175
Apr 202010,07414.751.80$18,177
Mar 202010,31330.341.86$19,143
Feb 202011,11249.881.98$22,009
Jan 202011,84057.252.09$24,802
Dec 201911,70059.012.30$26,961
Nov 201911,51455.302.75$31,672
Oct 201912,13553.472.42$29,349
Sep 201912,29255.052.66$32,663
Aug 201912,83153.112.30$29,567
Jul 201913,19656.272.46$32,463
Jun 201913,19852.782.49$32,879
May 201913,92358.482.74$38,153
Apr 201913,58462.632.75$37,366
Mar 201914,15956.803.06$43,356
Feb 201912,93650.852.79$36,120
Jan 201914,77546.033.23$47,696
Dec 201814,90646.594.19$62,388
Nov 201814,62852.934.24$61,982
Oct 201815,34861.443.40$52,154
Sep 201813,47659.543.11$41,883
Aug 201814,45659.403.07$44,330
Jul 20187,63665.142.93$22,388
Jun 20186,47660.183.08$19,926
May 20184,55465.382.90$13,210
Apr 20184,81863.842.90$13,976
Mar 20182,53561.222.79$7,065
Feb 20189,55661.782.77$26,433
Jan 201811,97262.874.01$48,000
Dec 201711,27857.272.92$32,949
Nov 201711,99555.423.12$37,405
Oct 201714,67449.292.98$43,783
Sep 201713,35547.523.09$41,231
Aug 201712,55945.373.00$37,732
Jul 201711,83143.873.09$36,526
Jun 201711,24042.493.09$34,701
May 201711,95245.373.26$39,004
Apr 201713,08847.933.21$42,033
Mar 201713,31646.772.98$39,731
Feb 201711,79950.452.95$34,838
Jan 201714,27349.413.42$48,797
Dec 201614,20248.763.72$52,872
Nov 201613,69242.492.64$36,206
Oct 201615,01546.193.09$46,400
Sep 201614,82541.553.10$45,967
Aug 201615,12541.442.92$44,231
Jul 201615,14141.622.92$44,277
Jun 201614,36345.352.69$38,577
May 201615,54942.521.99$30,959
Apr 201614,96636.561.99$29,798
Mar 201617,42933.011.79$31,268
Feb 201616,75626.472.06$34,578
Jan 201617,55827.352.36$41,513
Dec 20159,46332.362.00$18,939
Nov 201535338.792.17$765
Oct 201525543.552.43$619
Sep 20158,47642.992.76$23,380
Aug 201518,39640.162.87$52,842
Jul 201519,30648.152.95$56,858
Jun 201518,14356.152.88$52,304
May 201516,01055.212.96$47,317
Apr 201514,16849.822.71$38,347
Mar 201515,21642.892.93$44,655
Feb 201514,04844.662.98$41,810
Jan 201514,58543.433.10$45,223
Dec 201416,64454.693.59$59,775
Nov 201416,81470.464.25$71,490
Oct 201418,13978.303.90$70,760
Sep 201418,80686.164.05$76,079
Aug 201416,42589.394.04$66,277
Jul 201412,14596.564.18$50,761
Jun 201411,28898.164.74$53,470
May 201412,21894.734.73$57,749
Apr 201413,01795.944.81$62,600
Mar 201413,54095.895.06$68,469
Feb 201412,75297.406.19$78,960
Jan 201415,09790.404.86$73,382
Dec 201314,48191.824.35$63,057
Nov 201314,35188.853.74$53,648
Oct 201315,19397.423.78$57,420
Sep 201314,998104.113.72$55,759
Aug 201316,084104.253.52$56,658
Jul 201316,527102.523.72$61,443
Jun 201316,54294.403.93$65,066
May 201317,55194.834.15$72,821
Apr 201317,95793.964.28$76,902
Mar 201319,32693.623.91$75,620
Feb 201318,15391.233.42$62,082
Jan 201320,91191.603.42$71,514
Dec 201221,76486.773.42$74,436
Nov 201221,84386.953.62$79,180
Oct 201224,01089.383.40$81,626
Sep 201221,38094.672.92$62,395
Aug 201225,44292.662.91$73,989
Jul 201226,19685.133.02$79,133
Jun 201228,08679.822.52$70,750
May 201231,74491.612.49$78,989
Apr 201233,783101.652.00$67,458
Mar 201238,265105.052.22$85,028
Feb 201239,708101.102.57$102,059
Jan 201246,94598.092.73$128,351
Dec 201153,20096.873.24$172,354
Nov 201159,12395.723.31$195,773
Oct 201175,42784.983.65$275,198
Sep 20115,24983.623.99$20,921

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                2,428 Mcf  × $  3.05 =     $7,395

────────────────────────────────────────────────────
Month total                                   $7,395

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/263210 is the state's own key, not one this site invented.