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 263213District 09Field 65280200GasSaveExport
Value, all time
$5.6 M
Sep 2011 – May 2026
Value, last 12 filed months
$152 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
GasProduction1,655,895 Mcf$5,617,475
Total$5,617,475

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 20263,276106.413.05$9,978
Apr 20263,15098.932.87$9,040
Mar 20263,13789.753.15$9,880
Feb 20262,61763.503.75$9,815
Jan 20262,83059.138.00$22,634
Dec 20253,90556.664.41$17,234
Nov 20253,93758.593.93$15,458
Oct 20252,92159.383.30$9,653
Sep 20254,26162.743.08$13,111
Aug 20254,00063.933.01$12,059
Jul 20253,56266.743.32$11,809
Jun 20253,73766.483.13$11,692
May 20253,78160.553.23$12,221
Apr 20253,45262.363.54$12,231
Mar 20253,57767.704.27$15,268
Feb 20253,05170.884.34$13,244
Jan 20254,43074.324.28$18,955
Dec 20244,44568.993.12$13,874
Nov 20243,86569.052.20$8,497
Oct 20242,13471.372.28$4,869
Sep 20242,07869.612.36$4,913
Aug 20241,79275.632.06$3,698
Jul 20241,55479.932.15$3,336
Jun 20242,02078.082.63$5,321
May 20243,18878.812.20$7,009
Apr 20243,69384.451.66$6,127
Mar 20242,51280.301.55$3,881
Feb 20243,87376.091.78$6,908
Jan 20243,48073.023.30$11,476
Dec 20233,80771.262.61$9,939
Nov 20235,05477.892.81$14,189
Oct 20232,75885.443.09$8,515
Sep 20235,06389.042.74$13,848
Aug 20233,28880.522.67$8,788
Jul 20232,92074.852.64$7,714
Jun 20234,65768.962.26$10,518
May 20234,72170.622.23$10,516
Apr 20235,29678.122.24$11,851
Mar 20234,83572.852.39$11,571
Feb 20233,20475.112.47$7,900
Jan 20235,11076.533.39$17,311
Dec 20224,21476.415.73$24,142
Nov 20224,61185.005.65$26,035
Oct 20221,35987.185.86$7,969
Sep 20222,86484.888.16$23,381
Aug 20222,51194.529.13$22,918
Jul 20223,910101.587.54$29,490
Jun 20225,124115.097.98$40,875
May 20225,162109.378.43$43,531
Apr 20224,636104.226.84$31,699
Mar 20224,842108.885.08$24,580
Feb 20223,45191.054.86$16,768
Jan 20224,50281.844.54$20,429
Dec 20211,55171.323.90$6,048
Nov 20211,13577.435.24$5,944
Oct 202188779.795.71$5,068
Sep 202155069.865.35$2,943
Aug 20211,76166.024.22$7,432
Jul 20211,51870.783.98$6,045
Jun 202184569.493.38$2,857
May 20212,02563.483.02$6,111
Apr 20211,86960.362.76$5,155
Mar 2021061.302.72$0
Feb 20212,09357.805.55$11,612
Jan 20212,11050.412.81$5,930
Dec 20201,82044.642.68$4,869
Nov 20201,78038.772.71$4,818
Oct 20202,13836.972.48$5,299
Sep 20202,45137.091.99$4,880
Aug 20203,53339.982.39$8,427
Jul 20202,63738.371.83$4,813
Jun 20202,33134.901.69$3,940
May 20202,75716.921.81$5,003
Apr 20206,03314.751.80$10,886
Mar 20202,12130.341.86$3,937
Feb 20201,59649.881.98$3,161
Jan 20207757.252.09$161
Dec 20191,08959.012.30$2,509
Nov 20194,77355.302.75$13,129
Oct 20191,70753.472.42$4,128
Sep 20191,14055.052.66$3,029
Aug 20193,15553.112.30$7,270
Jul 20191,61256.272.46$3,966
Jun 20195,08352.782.49$12,663
May 20195,07158.482.74$13,896
Apr 20195,18762.632.75$14,268
Mar 20192,48156.803.06$7,597
Feb 20192,75750.852.79$7,698
Jan 20196,43246.033.23$20,764
Dec 20185,65146.594.19$23,652
Nov 20182,89552.934.24$12,267
Oct 20183,95261.443.40$13,429
Sep 20187,46659.543.11$23,204
Aug 20183,92159.403.07$12,024
Jul 201811,41965.142.93$33,479
Jun 201810,90660.183.08$33,557
May 201813,52165.382.90$39,222
Apr 201815,43763.842.90$44,780
Mar 201814,62261.222.79$40,749
Feb 201813,62961.782.77$37,699
Jan 201816,09962.874.01$64,546
Dec 201712,92457.272.92$37,758
Nov 20176,47855.423.12$20,201
Oct 20176,57449.292.98$19,615
Sep 20176,05647.523.09$18,697
Aug 20175,47745.373.00$16,455
Jul 20175,69543.873.09$17,582
Jun 201717,58642.493.09$54,293
May 201714,37945.373.26$46,924
Apr 201711,93447.933.21$38,327
Mar 20178,51646.772.98$25,409
Feb 20176,01950.452.95$17,772
Jan 20177,08749.413.42$24,229
Dec 201697548.763.72$3,630
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 201687941.442.92$2,570
Jul 2016041.622.92$0
Jun 201630445.352.69$816
May 20163,20342.521.99$6,377
Apr 201610,10836.561.99$20,125
Mar 20162,32733.011.79$4,175
Feb 201699526.472.06$2,053
Jan 201689927.352.36$2,126
Dec 201566732.362.00$1,335
Nov 201552138.792.17$1,129
Oct 20151,00143.552.43$2,429
Sep 201569042.992.76$1,903
Aug 201526840.162.87$770
Jul 201513048.152.95$383
Jun 20151956.152.88$55
May 20153,17155.212.96$9,372
Apr 201510,84049.822.71$29,339
Mar 201511,59342.892.93$34,022
Feb 201510,67144.662.98$31,759
Jan 201512,17643.433.10$37,753
Dec 201412,61754.693.59$45,312
Nov 201412,66470.464.25$53,845
Oct 201413,65678.303.90$53,272
Sep 201413,78286.164.05$55,754
Aug 201414,56489.394.04$58,767
Jul 201415,56996.564.18$65,072
Jun 201417,83698.164.74$84,487
May 201417,94494.734.73$84,813
Apr 201418,58395.944.81$89,368
Mar 201418,74595.895.06$94,790
Feb 201415,28197.406.19$94,620
Jan 201419,38690.404.86$94,230
Dec 201317,21591.824.35$74,962
Nov 201316,99188.853.74$63,517
Oct 201318,00097.423.78$68,028
Sep 201317,439104.113.72$64,834
Aug 201318,470104.253.52$65,063
Jul 201318,904102.523.72$70,280
Jun 201318,82394.403.93$74,039
May 201319,91294.834.15$82,616
Apr 201320,30393.964.28$86,949
Mar 201322,53293.623.91$88,165
Feb 201321,75791.233.42$74,407
Jan 201324,95791.603.42$85,351
Dec 201226,66686.773.42$91,202
Nov 201226,26186.953.62$95,195
Oct 201227,97189.383.40$95,092
Sep 201228,61694.672.92$83,513
Aug 201234,91992.662.91$101,550
Jul 201220,76485.133.02$62,724
Jun 201229,95279.822.52$75,450
May 201236,81791.612.49$91,612
Apr 201239,129101.652.00$78,133
Mar 201244,207105.052.22$98,231
Feb 201246,447101.102.57$119,380
Jan 201255,81898.092.73$152,611
Dec 201162,40396.873.24$202,170
Nov 201170,85895.723.31$234,631
Oct 201197,31284.983.65$355,047
Sep 20113,88383.623.99$15,477

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                3,276 Mcf  × $  3.05 =     $9,978

────────────────────────────────────────────────────
Month total                                   $9,978

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/263213 is the state's own key, not one this site invented.