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 265502District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$201 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
CondensateDisposition1 bbl$69
GasProduction2,395,063 Mcf$7,847,413
Total$7,847,482

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 202604,519106.413.05$13,764
Apr 202604,22798.932.87$12,130
Mar 202604,48989.753.15$14,138
Feb 202604,09663.503.75$15,361
Jan 202604,25559.138.00$34,031
Dec 202504,75256.664.41$20,972
Nov 202504,52758.593.93$17,775
Oct 202504,65759.383.30$15,391
Sep 202504,80862.743.08$14,794
Aug 202504,54563.933.01$13,702
Jul 202504,44666.743.32$14,739
Jun 202504,54066.483.13$14,204
May 202504,83160.553.23$15,615
Apr 202504,81362.363.54$17,053
Mar 202504,97667.704.27$21,239
Feb 202503,75670.884.34$16,304
Jan 202505,07074.324.28$21,693
Dec 202404,24668.993.12$13,253
Nov 202404,04169.052.20$8,884
Oct 202404,24371.372.28$9,680
Sep 202404,25869.612.36$10,067
Aug 202404,63975.632.06$9,573
Jul 202405,06779.932.15$10,877
Jun 202405,08978.082.63$13,404
May 202405,26678.812.20$11,577
Apr 202405,14884.451.66$8,542
Mar 202405,12880.301.55$7,923
Feb 202404,88276.091.78$8,708
Jan 202405,19273.023.30$17,121
Dec 202305,49771.262.61$14,351
Nov 202305,32577.892.81$14,950
Oct 202305,60985.443.09$17,317
Sep 202305,62089.042.74$15,371
Aug 202305,69280.522.67$15,214
Jul 202305,63874.852.64$14,894
Jun 202314,75368.962.26$10,804
May 202305,47170.622.23$12,186
Apr 202305,03178.122.24$11,258
Mar 202305,19172.852.39$12,423
Feb 202304,96075.112.47$12,230
Jan 202305,59176.533.39$18,941
Dec 202205,35876.415.73$30,696
Nov 202205,63285.005.65$31,799
Oct 202205,93487.185.86$34,796
Sep 202206,19884.888.16$50,598
Aug 202206,31094.529.13$57,592
Jul 202206,352101.587.54$47,907
Jun 202206,171115.097.98$49,227
May 202206,244109.378.43$52,656
Apr 202205,913104.226.84$40,431
Mar 202206,097108.885.08$30,951
Feb 202205,41791.054.86$26,320
Jan 202206,35881.844.54$28,851
Dec 202106,36971.323.90$24,834
Nov 202106,47677.435.24$33,914
Oct 202106,54679.795.71$37,403
Sep 202106,51169.865.35$34,840
Aug 2021011,08466.024.22$46,781
Jul 202109,66470.783.98$38,483
Jun 202109,69569.493.38$32,775
May 2021010,53163.483.02$31,779
Apr 2021010,95160.362.76$30,207
Mar 2021011,35161.302.72$30,840
Feb 202109,19857.805.55$51,030
Jan 2021012,15350.412.81$34,153
Dec 2020012,34744.642.68$33,034
Nov 2020012,03438.772.71$32,571
Oct 2020010,62636.972.48$26,336
Sep 2020010,69137.091.99$21,286
Aug 2020012,30539.982.39$29,349
Jul 2020011,69438.371.83$21,343
Jun 202009,34134.901.69$15,789
May 2020010,39516.921.81$18,864
Apr 2020010,82414.751.80$19,531
Mar 2020010,51830.341.86$19,524
Feb 2020011,05749.881.98$21,900
Jan 2020011,75657.252.09$24,626
Dec 2019011,72259.012.30$27,012
Nov 2019011,83355.302.75$32,549
Oct 2019012,22453.472.42$29,564
Sep 2019012,06155.052.66$32,049
Aug 2019012,36253.112.30$28,487
Jul 2019012,61556.272.46$31,034
Jun 2019012,26352.782.49$30,550
May 2019012,72258.482.74$34,862
Apr 2019012,60662.632.75$34,675
Mar 2019013,12056.803.06$40,175
Feb 2019012,06550.852.79$33,688
Jan 2019013,61846.033.23$43,961
Dec 2018013,53146.594.19$56,633
Nov 201807,86552.934.24$33,326
Oct 201806,11461.443.40$20,776
Sep 201809,64159.543.11$29,964
Aug 2018010,26159.403.07$31,466
Jul 201809,99565.142.93$29,304
Jun 201809,81460.183.08$30,197
May 2018010,10065.382.90$29,298
Apr 2018010,28463.842.90$29,832
Mar 2018010,76561.222.79$30,000
Feb 201809,53861.782.77$26,383
Jan 2018010,75862.874.01$43,132
Dec 2017011,04357.272.92$32,262
Nov 2017011,42255.423.12$35,618
Oct 2017012,09749.292.98$36,094
Sep 2017011,85647.523.09$36,603
Aug 2017012,50645.373.00$37,573
Jul 2017012,79743.873.09$39,508
Jun 2017012,61242.493.09$38,937
May 2017013,16945.373.26$42,976
Apr 2017014,21647.933.21$45,656
Mar 2017014,91246.772.98$44,493
Feb 2017013,66750.452.95$40,353
Jan 2017015,64349.413.42$53,480
Dec 2016015,33348.763.72$57,082
Nov 2016016,02842.492.64$42,384
Oct 2016017,09846.193.09$52,837
Sep 2016016,78141.553.10$52,032
Aug 201606,75641.442.92$19,757
Jul 201604,05341.622.92$11,852
Jun 2016012,43345.352.69$33,393
May 201609,72042.521.99$19,353
Apr 201609,31836.561.99$18,553
Mar 2016016,25433.011.79$29,160
Feb 2016015,19326.472.06$31,353
Jan 2016016,36127.352.36$38,683
Dec 2015014,87732.362.00$29,775
Nov 201509,18638.792.17$19,909
Oct 2015015,62943.552.43$37,925
Sep 2015014,48642.992.76$39,958
Aug 2015016,24740.162.87$46,669
Jul 2015016,54448.152.95$48,723
Jun 2015016,43356.152.88$47,374
May 2015017,13955.212.96$50,653
Apr 2015016,66749.822.71$45,110
Mar 2015017,92442.892.93$52,602
Feb 2015016,60444.662.98$49,417
Jan 2015017,59143.433.10$54,543
Dec 2014019,71954.693.59$70,818
Nov 2014018,64570.464.25$79,276
Oct 2014018,58278.303.90$72,488
Sep 2014018,84786.164.05$76,244
Aug 2014019,38689.394.04$78,225
Jul 2014021,12696.564.18$88,298
Jun 2014021,41998.164.74$101,459
May 2014024,08494.734.73$113,834
Apr 2014023,15295.944.81$111,341
Mar 2014024,22695.895.06$122,506
Feb 2014023,77697.406.19$147,221
Jan 2014028,26790.404.86$137,398
Dec 2013025,87591.824.35$112,672
Nov 2013019,64088.853.74$73,420
Oct 2013022,13197.423.78$83,641
Sep 2013020,433104.113.72$75,965
Aug 2013022,285104.253.52$78,501
Jul 2013023,227102.523.72$86,352
Jun 2013023,49594.403.93$92,415
May 2013026,57094.834.15$110,241
Apr 2013028,43393.964.28$121,767
Mar 2013031,99193.623.91$125,177
Feb 2013030,20791.233.42$103,305
Jan 2013035,11791.603.42$120,097
Dec 2012037,55986.773.42$128,458
Nov 2012039,11686.953.62$141,794
Oct 2012042,36689.383.40$144,031
Sep 2012043,87794.672.92$128,051
Aug 2012049,16092.662.91$142,965
Jul 2012054,50085.133.02$164,634
Jun 2012057,92579.822.52$145,915
May 2012066,71291.612.49$166,001
Apr 2012074,762101.652.00$149,285
Mar 2012074,996105.052.22$166,647

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                4,519 Mcf  × $  3.05 =    $13,764

────────────────────────────────────────────────────
Month total                                  $13,764

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/265502 is the state's own key, not one this site invented.