MILLER-SHIPLEY (SA)

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 265142District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Mar 2012 – May 2026
Value, last 12 filed months
$132 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
CondensateDisposition18 bbl$1,272
GasProduction1,384,420 Mcf$4,699,361
Total$4,700,633

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 202603,005106.413.05$9,153
Apr 202602,81798.932.87$8,084
Mar 202603,07589.753.15$9,685
Feb 202602,69663.503.75$10,111
Jan 202602,49759.138.00$19,971
Dec 202503,20056.664.41$14,123
Nov 202503,00358.593.93$11,791
Oct 202502,94259.383.30$9,723
Sep 202503,02762.743.08$9,314
Aug 202543,04363.933.01$9,430
Jul 202503,20966.743.32$10,638
Jun 202503,18266.483.13$9,956
May 202503,38260.553.23$10,932
Apr 202513,21562.363.54$11,453
Mar 202503,39467.704.27$14,487
Feb 202512,28070.884.34$9,968
Jan 202523,43474.324.28$14,842
Dec 202422,11068.993.12$6,724
Nov 202412,77469.052.20$6,168
Oct 202402,67571.372.28$6,103
Sep 202401,84869.612.36$4,369
Aug 202412,84075.632.06$5,936
Jul 202402,88479.932.15$6,191
Jun 202403,07878.082.63$8,107
May 202403,32678.812.20$7,312
Apr 202403,37984.451.66$5,606
Mar 202403,60080.301.55$5,562
Feb 202403,01876.091.78$5,383
Jan 202402,98273.023.30$9,834
Dec 202303,20671.262.61$8,370
Nov 202303,25977.892.81$9,150
Oct 202303,48585.443.09$10,759
Sep 202303,58289.042.74$9,797
Aug 202334,62280.522.67$12,596
Jul 202305,37574.852.64$14,200
Jun 202315,32868.962.26$12,102
May 202325,34070.622.23$12,036
Apr 202305,45478.122.24$12,205
Mar 202305,72572.852.39$13,701
Feb 202305,14975.112.47$12,696
Jan 202305,67576.533.39$19,225
Dec 202205,42676.415.73$31,086
Nov 202205,88285.005.65$33,211
Oct 202205,97087.185.86$35,007
Sep 202206,14384.888.16$50,149
Aug 202205,98194.529.13$54,590
Jul 202205,846101.587.54$44,091
Jun 202205,823115.097.98$46,451
May 202205,896109.378.43$49,721
Apr 202205,169104.226.84$35,344
Mar 202205,983108.885.08$30,372
Feb 202205,44491.054.86$26,452
Jan 202206,50381.844.54$29,509
Dec 202106,52971.323.90$25,457
Nov 202106,54677.435.24$34,280
Oct 202106,01579.795.71$34,369
Sep 202106,40769.865.35$34,283
Aug 20210066.024.22$0
Jul 202104670.783.98$183
Jun 202104769.493.38$159
May 202106163.483.02$184
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021030057.805.55$1,664
Jan 2021027650.412.81$776
Dec 2020039844.642.68$1,065
Nov 2020027238.772.71$736
Oct 2020011236.972.48$278
Sep 20200037.091.99$0
Aug 2020069139.982.39$1,648
Jul 202001,14138.371.83$2,082
Jun 202002,43134.901.69$4,109
May 202002,85216.921.81$5,176
Apr 202002,42114.751.80$4,368
Mar 202002,49030.341.86$4,622
Feb 202002,18449.881.98$4,326
Jan 202002,41757.252.09$5,063
Dec 201902,59659.012.30$5,982
Nov 201903,35955.302.75$9,240
Oct 201903,64353.472.42$8,811
Sep 201904,60955.052.66$12,247
Aug 201905,13853.112.30$11,840
Jul 201905,22456.272.46$12,851
Jun 201904,11352.782.49$10,246
May 201903,24858.482.74$8,901
Apr 201902,69462.632.75$7,410
Mar 201902,31956.803.06$7,101
Feb 201902,76850.852.79$7,729
Jan 201902,09846.033.23$6,773
Dec 201803,55246.594.19$14,867
Nov 2018011952.934.24$504
Oct 201804,88061.443.40$16,583
Sep 201805,44559.543.11$16,923
Aug 201805,36659.403.07$16,455
Jul 201806,09965.142.93$17,882
Jun 201805,78960.183.08$17,812
May 201806,83165.382.90$19,815
Apr 201807,47263.842.90$21,675
Mar 201808,02261.222.79$22,356
Feb 201807,02161.782.77$19,421
Jan 201804,82762.874.01$19,353
Dec 201705,25457.272.92$15,350
Nov 201705,28455.423.12$16,477
Oct 201705,44949.292.98$16,258
Sep 201704,82547.523.09$14,896
Aug 201705,27045.373.00$15,833
Jul 201705,39043.873.09$16,640
Jun 201705,22842.493.09$16,140
May 201704,28945.373.26$13,997
Apr 201706,50147.933.21$20,879
Mar 201707,11246.772.98$21,220
Feb 201706,67350.452.95$19,703
Jan 201705,54249.413.42$18,947
Dec 201603,01448.763.72$11,221
Nov 201607,03842.492.64$18,611
Oct 2016010,07846.193.09$31,144
Sep 201609,18441.553.10$28,476
Aug 201607,73641.442.92$22,623
Jul 201607,41241.622.92$21,675
Jun 201608,70045.352.69$23,367
May 201608,40842.521.99$16,741
Apr 2016010,90336.561.99$21,708
Mar 2016010,19433.011.79$18,288
Feb 201607,73226.472.06$15,956
Jan 201609,95427.352.36$23,535
Dec 2015011,62132.362.00$23,258
Nov 2015011,13238.792.17$24,127
Oct 2015011,71343.552.43$28,423
Sep 2015011,59542.992.76$31,984
Aug 2015011,64940.162.87$33,462
Jul 2015011,26848.152.95$33,185
Jun 2015011,18256.152.88$32,236
May 2015011,90655.212.96$35,188
Apr 2015011,91749.822.71$32,254
Mar 2015012,30342.892.93$36,106
Feb 2015011,53144.662.98$34,318
Jan 2015013,52743.433.10$41,942
Dec 2014013,23954.693.59$47,546
Nov 2014012,52370.464.25$53,246
Oct 2014013,98178.303.90$54,539
Sep 2014013,40186.164.05$54,213
Aug 2014013,66489.394.04$55,136
Jul 2014013,08996.564.18$54,707
Jun 2014012,89598.164.74$61,082
May 2014014,50094.734.73$68,535
Apr 2014014,30195.944.81$68,775
Mar 2014015,81995.895.06$79,994
Feb 2014014,82297.406.19$91,778
Jan 2014016,92390.404.86$82,258
Dec 2013017,40491.824.35$75,785
Nov 2013017,91788.853.74$66,979
Oct 2013019,33197.423.78$73,059
Sep 2013018,731104.113.72$69,637
Aug 2013020,433104.253.52$71,977
Jul 2013016,954102.523.72$63,031
Jun 2013016,45694.403.93$64,728
May 2013017,89894.834.15$74,260
Apr 2013018,34193.964.28$78,547
Mar 2013020,05193.623.91$78,457
Feb 2013018,71591.233.42$64,004
Jan 2013022,35991.603.42$76,466
Dec 2012023,76786.773.42$81,287
Nov 2012025,06286.953.62$90,849
Oct 2012021,49689.383.40$73,080
Sep 2012023,04794.672.92$67,260
Aug 2012025,87492.662.91$75,246
Jul 2012028,42485.133.02$85,863
Jun 2012033,37479.822.52$84,070
May 2012037,97891.612.49$94,501
Apr 2012045,319101.652.00$90,493
Mar 2012054,769105.052.22$121,701

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                3,005 Mcf  × $  3.05 =     $9,153

────────────────────────────────────────────────────
Month total                                   $9,153

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/265142 is the state's own key, not one this site invented.