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 263212District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Sep 2011 – May 2026
Value, last 12 filed months
$246 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
GasProduction1,778,645 Mcf$5,999,616
Total$5,999,616

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 20266,067106.413.05$18,479
Apr 20266,03098.932.87$17,304
Mar 20264,91089.753.15$15,464
Feb 20265,09063.503.75$19,089
Jan 20264,99659.138.00$39,958
Dec 20256,42356.664.41$28,347
Nov 20255,23558.593.93$20,555
Oct 20256,39359.383.30$21,128
Sep 20254,64062.743.08$14,277
Aug 20254,45063.933.01$13,416
Jul 20255,89866.743.32$19,553
Jun 20256,04366.483.13$18,907
May 20256,16960.553.23$19,940
Apr 20255,11962.363.54$18,137
Mar 20255,81267.704.27$24,807
Feb 20254,90170.884.34$21,274
Jan 20255,87674.324.28$25,142
Dec 20245,60868.993.12$17,505
Nov 20245,53469.052.20$12,166
Oct 20245,92571.372.28$13,517
Sep 20246,05169.612.36$14,307
Aug 20245,85275.632.06$12,076
Jul 20245,66379.932.15$12,156
Jun 20245,42278.082.63$14,281
May 20245,74778.812.20$12,634
Apr 20245,72684.451.66$9,501
Mar 20246,09880.301.55$9,422
Feb 20244,01576.091.78$7,161
Jan 20245,71773.023.30$18,853
Dec 20236,12071.262.61$15,978
Nov 20235,77077.892.81$16,200
Oct 20235,40785.443.09$16,693
Sep 20233,40289.042.74$9,305
Aug 20235,57080.522.67$14,888
Jul 20236,81674.852.64$18,007
Jun 20235,96268.962.26$13,465
May 20236,20670.622.23$13,823
Apr 20236,62178.122.24$14,816
Mar 20235,67672.852.39$13,584
Feb 20235,37975.112.47$13,263
Jan 20235,16976.533.39$17,511
Dec 20224,55476.415.73$26,090
Nov 20224,97585.005.65$28,090
Oct 20224,69387.185.86$27,519
Sep 20226,60784.888.16$53,937
Aug 20226,56994.529.13$59,956
Jul 20227,382101.587.54$55,676
Jun 20226,784115.097.98$54,117
May 20226,947109.378.43$58,584
Apr 20226,887104.226.84$47,091
Mar 20229,759108.885.08$49,541
Feb 20227,50191.054.86$36,446
Jan 20229,62181.844.54$43,657
Dec 20211,28671.323.90$5,014
Nov 202197677.435.24$5,111
Oct 202180079.795.71$4,571
Sep 202145669.865.35$2,440
Aug 20211,40466.024.22$5,926
Jul 20211,22070.783.98$4,858
Jun 202170069.493.38$2,366
May 20211,61063.483.02$4,858
Apr 20211,46760.362.76$4,047
Mar 2021061.302.72$0
Feb 20211,57657.805.55$8,744
Jan 20211,53650.412.81$4,317
Dec 20201,42044.642.68$3,799
Nov 20201,37638.772.71$3,724
Oct 20201,67736.972.48$4,156
Sep 20201,87537.091.99$3,733
Aug 20202,94839.982.39$7,031
Jul 20202,53838.371.83$4,632
Jun 20202,28334.901.69$3,859
May 20202,67016.921.81$4,845
Apr 20207,60914.751.80$13,730
Mar 20205,02630.341.86$9,329
Feb 20201,74249.881.98$3,450
Jan 20203,61157.252.09$7,564
Dec 20194,70659.012.30$10,844
Nov 20194,64755.302.75$12,783
Oct 20193,85853.472.42$9,331
Sep 20193,69055.052.66$9,805
Aug 20194,54553.112.30$10,473
Jul 20192,81756.272.46$6,930
Jun 20194,22752.782.49$10,530
May 20194,39058.482.74$12,030
Apr 20194,45462.632.75$12,252
Mar 20195,12256.803.06$15,684
Feb 20191,59450.852.79$4,451
Jan 20194,32846.033.23$13,972
Dec 20182,79046.594.19$11,677
Nov 201810,00752.934.24$42,402
Oct 20189,15461.443.40$31,106
Sep 20189,17459.543.11$28,513
Aug 20187,96259.403.07$24,416
Jul 201811,05965.142.93$32,424
Jun 201812,82060.183.08$39,446
May 201813,46565.382.90$39,059
Apr 201811,74463.842.90$34,067
Mar 201814,07661.222.79$39,228
Feb 20187,65761.782.77$21,180
Jan 20184,80662.874.01$19,269
Dec 201711,78957.272.92$34,442
Nov 20178,94455.423.12$27,891
Oct 201754649.292.98$1,629
Sep 20171,35047.523.09$4,168
Aug 20176,40745.373.00$19,249
Jul 201714,14043.873.09$43,654
Jun 20175,93042.493.09$18,308
May 20171,55645.373.26$5,078
Apr 201745047.933.21$1,445
Mar 20176,59646.772.98$19,680
Feb 201712,84350.452.95$37,920
Jan 20179,14149.413.42$31,251
Dec 20165,23148.763.72$19,474
Nov 20167,96842.492.64$21,070
Oct 20169,07246.193.09$28,035
Sep 201611,78441.553.10$36,538
Aug 201614,09341.442.92$41,213
Jul 201614,44941.622.92$42,254
Jun 201611,86545.352.69$31,867
May 20168,44342.521.99$16,810
Apr 201695036.561.99$1,891
Mar 20163733.011.79$66
Feb 20165,59126.472.06$11,538
Jan 20162,20927.352.36$5,223
Dec 20153,04932.362.00$6,102
Nov 20158,90138.792.17$19,291
Oct 20158,71743.552.43$21,153
Sep 201510,46342.992.76$28,861
Aug 20156,82040.162.87$19,590
Jul 20151,25548.152.95$3,696
Jun 20151756.152.88$49
May 20153,85055.212.96$11,378
Apr 201511,25749.822.71$30,468
Mar 201511,88442.892.93$34,876
Feb 201511,55244.662.98$34,381
Jan 201512,58943.433.10$39,034
Dec 201412,82454.693.59$46,056
Nov 201412,62170.464.25$53,662
Oct 201413,68378.303.90$53,377
Sep 201413,62486.164.05$55,115
Aug 201414,50089.394.04$58,509
Jul 201414,93696.564.18$62,427
Jun 201415,14798.164.74$71,750
May 201416,06994.734.73$75,951
Apr 201415,83295.944.81$76,138
Mar 201415,99595.895.06$80,884
Feb 201413,68197.406.19$84,713
Jan 20143,89890.404.86$18,947
Dec 201315,76791.824.35$68,657
Nov 201315,54188.853.74$58,097
Oct 201315,72497.423.78$59,427
Sep 201316,979104.113.72$63,124
Aug 201318,344104.253.52$64,619
Jul 201318,765102.523.72$69,763
Jun 201318,83794.403.93$74,094
May 201319,66694.834.15$81,596
Apr 201319,92793.964.28$85,339
Mar 201321,12793.623.91$82,667
Feb 201319,95091.233.42$68,227
Jan 201323,10591.603.42$79,017
Dec 201224,23886.773.42$82,898
Nov 201224,12086.953.62$87,434
Oct 201226,43889.383.40$89,881
Sep 201227,77594.672.92$81,059
Aug 201219,01292.662.91$55,290
Jul 201230,34785.133.02$91,672
Jun 201231,65079.822.52$79,728
May 201235,30491.612.49$87,848
Apr 201237,114101.652.00$74,109
Mar 201241,452105.052.22$92,110
Feb 201243,260101.102.57$111,189
Jan 201251,24298.092.73$140,100
Dec 201158,18796.873.24$188,511
Nov 201164,85495.723.31$214,750
Oct 201188,03584.983.65$321,199
Sep 20114,65283.623.99$18,542

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                6,067 Mcf  × $  3.05 =    $18,479

────────────────────────────────────────────────────
Month total                                  $18,479

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/263212 is the state's own key, not one this site invented.