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 263214District 09Field 65280200GasSaveExport
Value, all time
$6.7 M
Sep 2011 – May 2026
Value, last 12 filed months
$84 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
GasProduction2,066,953 Mcf$6,701,430
Total$6,701,430

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 20261,859106.413.05$5,662
Apr 20262,13898.932.87$6,135
Mar 20261,79789.753.15$5,660
Feb 202691663.503.75$3,435
Jan 20261,84159.138.00$14,724
Dec 20252,41556.664.41$10,658
Nov 20252,36858.593.93$9,298
Oct 20252,04559.383.30$6,758
Sep 202571062.743.08$2,185
Aug 20251,84363.933.01$5,556
Jul 20252,88566.743.32$9,564
Jun 20251,32766.483.13$4,152
May 20251,92260.553.23$6,213
Apr 20254,31062.363.54$15,271
Mar 20253,48267.704.27$14,862
Feb 20252,71570.884.34$11,785
Jan 20253,83574.324.28$16,409
Dec 20243,03768.993.12$9,480
Nov 20243,89169.052.20$8,554
Oct 20246,54071.372.28$14,920
Sep 20245,60869.612.36$13,259
Aug 20246,26675.632.06$12,931
Jul 20245,65779.932.15$12,143
Jun 20246,07878.082.63$16,009
May 20244,53578.812.20$9,970
Apr 20244,99284.451.66$8,283
Mar 20245,29280.301.55$8,177
Feb 20242,05976.091.78$3,673
Jan 20243,03673.023.30$10,012
Dec 20236,60171.262.61$17,233
Nov 20233,43977.892.81$9,655
Oct 20236,20885.443.09$19,166
Sep 20236,06489.042.74$16,585
Aug 20235,31080.522.67$14,193
Jul 20236,61874.852.64$17,483
Jun 20236,77568.962.26$15,301
May 20236,48670.622.23$14,447
Apr 20237,12578.122.24$15,944
Mar 20236,33572.852.39$15,161
Feb 20234,59975.112.47$11,340
Jan 20234,53476.533.39$15,360
Dec 20224,60976.415.73$26,405
Nov 20225,59085.005.65$31,562
Oct 20226,51187.185.86$38,179
Sep 20225,07984.888.16$41,463
Aug 20224,02694.529.13$36,746
Jul 20224,956101.587.54$37,379
Jun 20224,546115.097.98$36,264
May 20225,232109.378.43$44,122
Apr 20223,411104.226.84$23,323
Mar 20222,405108.885.08$12,209
Feb 20221,42991.054.86$6,943
Jan 20223,29581.844.54$14,952
Dec 20211,87771.323.90$7,319
Nov 20211,33577.435.24$6,991
Oct 20211,09579.795.71$6,257
Sep 202166469.865.35$3,553
Aug 20212,08766.024.22$8,808
Jul 20211,79270.783.98$7,136
Jun 20211,01069.493.38$3,414
May 20212,65263.483.02$8,003
Apr 20212,26260.362.76$6,240
Mar 2021061.302.72$0
Feb 20211,74757.805.55$9,692
Jan 20212,84450.412.81$7,992
Dec 20202,44244.642.68$6,533
Nov 20202,21638.772.71$5,998
Oct 20202,81636.972.48$6,979
Sep 20202,95637.091.99$5,886
Aug 20203,12239.982.39$7,446
Jul 20203,17838.371.83$5,800
Jun 20202,85434.901.69$4,824
May 20203,24716.921.81$5,892
Apr 20202614.751.80$47
Mar 20203,04230.341.86$5,647
Feb 202024649.881.98$487
Jan 2020757.252.09$15
Dec 201924059.012.30$553
Nov 201946955.302.75$1,290
Oct 201940353.472.42$975
Sep 201969555.052.66$1,847
Aug 201920753.112.30$477
Jul 201980756.272.46$1,985
Jun 201925852.782.49$643
May 201963658.482.74$1,743
Apr 201951462.632.75$1,414
Mar 20192,52856.803.06$7,741
Feb 20193,65950.852.79$10,217
Jan 201928846.033.23$930
Dec 20182,07446.594.19$8,681
Nov 201847952.934.24$2,030
Oct 201880661.443.40$2,739
Sep 201835759.543.11$1,110
Aug 201831159.403.07$954
Jul 20185,45465.142.93$15,990
Jun 20187,07160.183.08$21,757
May 20188,33765.382.90$24,184
Apr 20187,23463.842.90$20,984
Mar 20186,40661.222.79$17,853
Feb 20184,30561.782.77$11,908
Jan 20181,48362.874.01$5,946
Dec 201710,39557.272.92$30,369
Nov 201717,07155.423.12$53,234
Oct 20178,04749.292.98$24,010
Sep 201749247.523.09$1,519
Aug 201715545.373.00$466
Jul 201780343.873.09$2,479
Jun 20171,12742.493.09$3,479
May 201722,60745.373.26$73,776
Apr 201718,96747.933.21$60,914
Mar 201716,67546.772.98$49,753
Feb 201711,49550.452.95$33,940
Jan 20174,49349.413.42$15,361
Dec 201610,82048.763.72$40,281
Nov 201614,19342.492.64$37,531
Oct 20169,84246.193.09$30,414
Sep 201617141.553.10$530
Aug 20166,71741.442.92$19,643
Jul 201613,09141.622.92$38,283
Jun 201615,29545.352.69$41,080
May 201616,41442.521.99$32,681
Apr 201615,40136.561.99$30,664
Mar 201617,42433.011.79$31,259
Feb 201616,28926.472.06$33,614
Jan 201618,27127.352.36$43,199
Dec 201519,42032.362.00$38,867
Nov 201516,40638.792.17$35,557
Oct 20159,79343.552.43$23,764
Sep 20155,11242.992.76$14,101
Aug 201517,71740.162.87$50,892
Jul 201518,53748.152.95$54,593
Jun 201517,41156.152.88$50,193
May 201516,73155.212.96$49,448
Apr 201514,91049.822.71$40,355
Mar 201515,90742.892.93$46,682
Feb 201514,80944.662.98$44,074
Jan 201516,91643.433.10$52,450
Dec 201417,46154.693.59$62,709
Nov 201417,52670.464.25$74,518
Oct 201418,41878.303.90$71,848
Sep 201419,03686.164.05$77,009
Aug 201419,93089.394.04$80,420
Jul 201416,32796.564.18$68,240
Jun 20145,04698.164.74$23,902
May 20144,72494.734.73$22,328
Apr 20145,39795.944.81$25,955
Mar 20147,45495.895.06$37,693
Feb 201417,56797.406.19$108,775
Jan 201421,02090.404.86$102,172
Dec 201321,14591.824.35$92,075
Nov 201321,17388.853.74$79,151
Oct 201322,58997.423.78$85,372
Sep 201321,471104.113.72$79,824
Aug 201323,026104.253.52$81,112
Jul 201323,984102.523.72$89,166
Jun 201324,13694.403.93$94,937
May 201326,16294.834.15$108,548
Apr 201326,23793.964.28$112,362
Mar 201328,67093.623.91$112,182
Feb 201327,78191.233.42$95,009
Jan 201332,00791.603.42$109,461
Dec 201229,70386.773.42$101,589
Nov 201233,66586.953.62$122,034
Oct 201236,16489.383.40$122,946
Sep 201237,21894.672.92$108,617
Aug 201240,62392.662.91$118,138
Jul 201244,62385.133.02$134,797
Jun 201244,47279.822.52$112,027
May 201248,75691.612.49$121,321
Apr 201250,793101.652.00$101,423
Mar 201256,494105.052.22$125,534
Feb 201258,785101.102.57$151,092
Jan 201266,43198.092.73$181,628
Dec 201177,21896.873.24$250,166
Nov 201190,10695.723.31$298,366
Oct 2011116,12084.983.65$423,668
Sep 201145183.623.99$1,798

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                1,859 Mcf  × $  3.05 =     $5,662

────────────────────────────────────────────────────
Month total                                   $5,662

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/263214 is the state's own key, not one this site invented.