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 265049District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.7 M
Mar 2012 – May 2026
Value, last 12 filed months
$182 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
CondensateDisposition3 bbl$194
GasProduction2,687,079 Mcf$8,689,074
Total$8,689,268

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 202604,097106.413.05$12,479
Apr 202604,04098.932.87$11,594
Mar 202604,18689.753.15$13,184
Feb 202603,78763.503.75$14,202
Jan 202603,89859.138.00$31,176
Dec 202504,31656.664.41$19,048
Nov 202504,17458.593.93$16,389
Oct 202504,55459.383.30$15,050
Sep 202504,64562.743.08$14,292
Aug 202503,70763.933.01$11,176
Jul 202503,74366.743.32$12,409
Jun 202503,64866.483.13$11,414
May 202504,81860.553.23$15,573
Apr 202524,25362.363.54$15,194
Mar 202504,87867.704.27$20,821
Feb 202503,45470.884.34$14,993
Jan 202504,44774.324.28$19,027
Dec 202405,18268.993.12$16,175
Nov 202404,38969.052.20$9,649
Oct 202403,91871.372.28$8,939
Sep 202404,47769.612.36$10,585
Aug 202404,68275.632.06$9,662
Jul 202405,18079.932.15$11,119
Jun 202405,11278.082.63$13,465
May 202404,73278.812.20$10,403
Apr 202404,72284.451.66$7,835
Mar 202405,18480.301.55$8,010
Feb 202405,05376.091.78$9,013
Jan 202404,95873.023.30$16,350
Dec 202305,09371.262.61$13,296
Nov 202305,39277.892.81$15,138
Oct 202305,27985.443.09$16,298
Sep 202305,51689.042.74$15,086
Aug 202305,71280.522.67$15,267
Jul 202305,86174.852.64$15,484
Jun 202315,10768.962.26$11,603
May 202305,43370.622.23$12,101
Apr 202305,18378.122.24$11,598
Mar 202305,13572.852.39$12,289
Feb 202305,15775.112.47$12,716
Jan 202305,42176.533.39$18,365
Dec 202205,20976.415.73$29,843
Nov 202205,58785.005.65$31,545
Oct 202206,07887.185.86$35,640
Sep 202205,96684.888.16$48,705
Aug 202206,32894.529.13$57,757
Jul 202206,237101.587.54$47,040
Jun 202205,624115.097.98$44,864
May 202206,448109.378.43$54,376
Apr 202205,949104.226.84$40,677
Mar 202206,434108.885.08$32,662
Feb 202205,16491.054.86$25,091
Jan 202206,41981.844.54$29,127
Dec 202106,62071.323.90$25,812
Nov 202105,98977.435.24$31,363
Oct 202106,62879.795.71$37,872
Sep 202106,56969.865.35$35,150
Aug 2021013,49566.024.22$56,957
Jul 2021014,03870.783.98$55,900
Jun 2021014,30669.493.38$48,363
May 2021014,84063.483.02$44,782
Apr 2021014,57060.362.76$40,190
Mar 2021014,88261.302.72$40,434
Feb 202109,08657.805.55$50,409
Jan 2021012,06450.412.81$33,903
Dec 2020012,50744.642.68$33,462
Nov 2020011,74338.772.71$31,783
Oct 2020012,43336.972.48$30,814
Sep 2020012,22737.091.99$24,344
Aug 2020013,12739.982.39$31,309
Jul 2020012,81838.371.83$23,394
Jun 2020011,27034.901.69$19,050
May 2020011,33316.921.81$20,567
Apr 2020011,24214.751.80$20,285
Mar 2020011,58930.341.86$21,512
Feb 2020011,41049.881.98$22,599
Jan 2020012,22557.252.09$25,608
Dec 2019012,19659.012.30$28,104
Nov 2019012,70155.302.75$34,937
Oct 2019013,70853.472.42$33,153
Sep 2019012,45955.052.66$33,107
Aug 2019012,74953.112.30$29,378
Jul 2019012,82956.272.46$31,560
Jun 2019012,61752.782.49$31,431
May 2019013,27458.482.74$36,375
Apr 2019013,00062.632.75$35,759
Mar 2019013,40456.803.06$41,044
Feb 2019012,37650.852.79$34,557
Jan 2019014,04846.033.23$45,349
Dec 2018014,41246.594.19$60,321
Nov 201806,76252.934.24$28,652
Oct 201807,44161.443.40$25,285
Sep 201808,58159.543.11$26,670
Aug 2018010,10359.403.07$30,981
Jul 201809,66965.142.93$28,348
Jun 201809,07760.183.08$27,929
May 201809,35265.382.90$27,128
Apr 2018010,19263.842.90$29,565
Mar 2018011,10761.222.79$30,953
Feb 201809,80161.782.77$27,111
Jan 2018011,46262.874.01$45,955
Dec 2017011,91757.272.92$34,816
Nov 2017011,96055.423.12$37,296
Oct 2017012,38049.292.98$36,938
Sep 2017012,22247.523.09$37,733
Aug 2017012,97145.373.00$38,970
Jul 2017013,52343.873.09$41,749
Jun 2017013,28142.493.09$41,002
May 2017013,91645.373.26$45,413
Apr 2017014,24447.933.21$45,746
Mar 2017015,01246.772.98$44,791
Feb 2017013,70950.452.95$40,477
Jan 2017015,56449.413.42$53,210
Dec 2016015,23648.763.72$56,721
Nov 2016015,21042.492.64$40,221
Oct 2016016,09946.193.09$49,750
Sep 2016015,82441.553.10$49,064
Aug 2016016,07641.442.92$47,012
Jul 2016017,08141.622.92$49,951
Jun 2016011,85645.352.69$31,843
May 2016017,07842.521.99$34,003
Apr 2016016,74036.561.99$33,330
Mar 2016017,47733.011.79$31,354
Feb 2016017,19626.472.06$35,486
Jan 2016020,12527.352.36$47,583
Dec 2015019,78832.362.00$39,604
Nov 2015018,97438.792.17$41,123
Oct 2015019,81843.552.43$48,090
Sep 2015019,16042.992.76$52,851
Aug 2015020,13040.162.87$57,823
Jul 2015021,49548.152.95$63,304
Jun 2015021,52556.152.88$62,054
May 2015022,34655.212.96$66,042
Apr 2015021,87449.822.71$59,204
Mar 2015023,46542.892.93$68,863
Feb 2015021,98744.662.98$65,437
Jan 2015019,19043.433.10$59,501
Dec 201408,01354.693.59$28,778
Nov 201402,43970.464.25$10,370
Oct 201405,09978.303.90$19,891
Sep 2014021,95386.164.05$88,810
Aug 2014023,43189.394.04$94,547
Jul 2014024,10096.564.18$100,728
Jun 2014023,66598.164.74$112,098
May 2014025,04794.734.73$118,386
Apr 2014024,67495.944.81$118,660
Mar 2014025,88595.895.06$130,895
Feb 2014022,93097.406.19$141,983
Jan 2014025,79090.404.86$125,358
Dec 2013030,38491.824.35$132,307
Nov 2013030,11388.853.74$112,571
Oct 2013029,12997.423.78$110,089
Sep 2013032,542104.113.72$120,983
Aug 2013035,676104.253.52$125,673
Jul 2013029,154102.523.72$108,387
Jun 2013030,66594.403.93$120,618
May 2013033,75294.834.15$140,040
Apr 2013034,53393.964.28$147,891
Mar 2013037,55693.623.91$146,952
Feb 2013035,66491.233.42$121,968
Jan 2013041,38291.603.42$141,523
Dec 2012043,91286.773.42$150,186
Nov 2012045,14586.953.62$163,649
Oct 2012049,07989.383.40$166,853
Sep 2012051,13794.672.92$149,238
Aug 2012057,33192.662.91$166,728
Jul 2012063,18085.133.02$190,854
Jun 2012068,52779.822.52$172,622
May 2012077,60191.612.49$193,096
Apr 2012089,185101.652.00$178,085
Mar 2012087,660105.052.22$194,788

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                4,097 Mcf  × $  3.05 =    $12,479

────────────────────────────────────────────────────
Month total                                  $12,479

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/265049 is the state's own key, not one this site invented.