MILLER, MONTY

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 265047District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.4 M
Mar 2012 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
171
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition56 bbl$3,478
GasProduction2,874,860 Mcf$9,358,457
Total$9,361,934

Every month this lease reported (171)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

171 months

May 202603,149106.413.05$9,591
Apr 202602,98098.932.87$8,552
Mar 202603,26289.753.15$10,273
Feb 202602,93763.503.75$11,015
Jan 202603,01359.138.00$24,098
Dec 202563,39056.664.41$15,301
Nov 2025163,19158.593.93$13,467
Oct 202503,20559.383.30$10,592
Sep 202553,22162.743.08$10,224
Aug 202503,42463.933.01$10,323
Jul 202583,32166.743.32$11,544
Jun 202543,26366.483.13$10,475
May 202593,44460.553.23$11,677
Apr 202523,37862.363.54$12,093
Mar 202523,39267.704.27$14,614
Feb 202532,20270.884.34$9,771
Jan 202503,81274.324.28$16,310
Dec 202403,69268.993.12$11,524
Nov 202403,40969.052.20$7,494
Oct 202403,24471.372.28$7,401
Sep 202403,19169.612.36$7,545
Aug 202403,58475.632.06$7,396
Jul 202403,69279.932.15$7,925
Jun 202403,41178.082.63$8,985
May 202403,41178.812.20$7,499
Apr 202403,48684.451.66$5,784
Mar 202403,57880.301.55$5,528
Feb 202403,46976.091.78$6,187
Jan 202403,85273.023.30$12,703
Dec 202304,23971.262.61$11,067
Nov 202304,32177.892.81$12,131
Oct 202304,52785.443.09$13,976
Sep 202304,54689.042.74$12,433
Aug 202304,64680.522.67$12,418
Jul 202304,73274.852.64$12,501
Jun 202314,48668.962.26$10,201
May 202304,55670.622.23$10,148
Apr 202304,42978.122.24$9,911
Mar 202304,77672.852.39$11,430
Feb 202303,85375.112.47$9,500
Jan 202305,16076.533.39$17,481
Dec 202203,54876.415.73$20,327
Nov 202204,25285.005.65$24,008
Oct 202205,05987.185.86$29,665
Sep 202204,91084.888.16$40,084
Aug 202204,47894.529.13$40,871
Jul 202205,068101.587.54$38,223
Jun 202204,893115.097.98$39,032
May 202205,250109.378.43$44,273
Apr 202205,136104.226.84$35,118
Mar 202205,451108.885.08$27,671
Feb 202203,98391.054.86$19,353
Jan 202205,56081.844.54$25,230
Dec 202105,75971.323.90$22,455
Nov 202105,27777.435.24$27,635
Oct 202105,11979.795.71$29,249
Sep 202105,66669.865.35$30,318
Aug 2021011,85966.024.22$50,052
Jul 2021011,62570.783.98$46,292
Jun 2021011,31469.493.38$38,248
May 2021012,16363.483.02$36,704
Apr 2021011,98560.362.76$33,060
Mar 2021012,79061.302.72$34,750
Feb 202108,43557.805.55$46,797
Jan 2021011,46550.412.81$32,220
Dec 2020011,76044.642.68$31,463
Nov 2020011,46638.772.71$31,034
Oct 2020013,44536.972.48$33,322
Sep 2020013,78337.091.99$27,443
Aug 2020011,69839.982.39$27,901
Jul 2020012,29238.371.83$22,434
Jun 2020012,44734.901.69$21,039
May 2020014,03816.921.81$25,475
Apr 2020014,56114.751.80$26,274
Mar 2020015,37230.341.86$28,534
Feb 2020015,25849.881.98$30,221
Jan 2020016,26257.252.09$34,065
Dec 2019015,91359.012.30$36,669
Nov 2019013,79255.302.75$37,938
Oct 2019013,83753.472.42$33,465
Sep 2019013,60055.052.66$36,139
Aug 2019014,14153.112.30$32,586
Jul 2019014,41856.272.46$35,469
Jun 2019014,76852.782.49$36,790
May 2019015,35758.482.74$42,083
Apr 2019015,11662.632.75$41,580
Mar 2019015,71356.803.06$48,115
Feb 2019014,41650.852.79$40,253
Jan 2019016,27246.033.23$52,529
Dec 2018016,53546.594.19$69,206
Nov 201805,56252.934.24$23,568
Oct 2018011,16461.443.40$37,936
Sep 2018011,20659.543.11$34,828
Aug 2018011,85259.403.07$36,345
Jul 2018011,80565.142.93$34,611
Jun 2018011,67360.183.08$35,917
May 2018012,40065.382.90$35,970
Apr 2018012,44263.842.90$36,092
Mar 2018013,02461.222.79$36,296
Feb 2018011,69461.782.77$32,347
Jan 2018013,26062.874.01$53,164
Dec 2017013,62257.272.92$39,797
Nov 2017013,72455.423.12$42,796
Oct 2017014,73549.292.98$43,965
Sep 2017014,04747.523.09$43,367
Aug 2017014,95845.373.00$44,940
Jul 2017014,57443.873.09$44,994
Jun 2017014,93542.493.09$46,109
May 2017016,04145.373.26$52,348
Apr 2017016,18947.933.21$51,993
Mar 2017017,05346.772.98$50,881
Feb 2017015,72250.452.95$46,421
Jan 2017017,86449.413.42$61,073
Dec 2016018,30248.763.72$68,135
Nov 2016018,35642.492.64$48,540
Oct 2016019,47246.193.09$60,174
Sep 2016019,30441.553.10$59,855
Aug 2016020,42741.442.92$59,735
Jul 2016021,05341.622.92$61,566
Jun 2016020,94545.352.69$56,255
May 2016022,38642.521.99$44,571
Apr 2016021,67436.561.99$43,154
Mar 2016022,19933.011.79$39,825
Feb 2016016,92126.472.06$34,919
Jan 2016034927.352.36$825
Dec 201506,85032.362.00$13,710
Nov 2015020,47338.792.17$44,372
Oct 2015021,49043.552.43$52,147
Sep 2015020,94642.992.76$57,778
Aug 2015022,13540.162.87$63,583
Jul 2015022,65548.152.95$66,721
Jun 2015022,64656.152.88$65,285
May 2015023,78655.212.96$70,298
Apr 2015023,57849.822.71$63,816
Mar 2015024,86142.892.93$72,960
Feb 2015022,75144.662.98$67,711
Jan 2015025,18243.433.10$78,080
Dec 2014024,81454.693.59$89,116
Nov 2014026,16470.464.25$111,245
Oct 2014028,99878.303.90$113,120
Sep 2014028,79786.164.05$116,497
Aug 2014028,21589.394.04$113,851
Jul 2014030,42096.564.18$127,143
Jun 2014030,20898.164.74$143,092
May 2014032,62294.734.73$154,190
Apr 2014032,60595.944.81$156,801
Mar 2014027,99895.895.06$141,580
Feb 2014024,40297.406.19$151,097
Jan 2014028,26890.404.86$137,403
Dec 2013029,17791.824.35$127,051
Nov 2013029,63388.853.74$110,776
Oct 2013032,23297.423.78$121,816
Sep 2013032,242104.113.72$119,867
Aug 2013034,688104.253.52$122,192
Jul 2013036,702102.523.72$136,448
Jun 2013037,21394.403.93$146,374
May 2013040,80394.834.15$169,295
Apr 2013041,72293.964.28$178,678
Mar 2013039,54193.623.91$154,719
Feb 2013037,66491.233.42$128,807
Jan 2013044,02091.603.42$150,544
Dec 2012046,13686.773.42$157,793
Nov 2012049,37286.953.62$178,972
Oct 2012054,34889.383.40$184,766
Sep 2012052,86994.672.92$154,293
Aug 2012060,09292.662.91$174,757
Jul 2012062,10385.133.02$187,601
Jun 2012063,35679.822.52$159,596
May 2012071,79691.612.49$178,651
Apr 2012064,970101.652.00$129,732
Mar 20120104,204105.052.22$231,550

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,149 Mcf  × $  3.05 =     $9,591

────────────────────────────────────────────────────
Month total                                   $9,591

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/265047 is the state's own key, not one this site invented.