MAYFIELD

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 267056District 09Field 65280200GasSaveExport
Value, all time
$11.2 M
Jul 2012 – May 2026
Value, last 12 filed months
$379 k
at the published price for each month
Months reported
167
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
GasProduction3,279,574 Mcf$11,236,532
Total$11,236,532

Every month this lease reported (167)

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

167 months

May 20268,480106.413.05$25,829
Apr 20268,25298.932.87$23,681
Mar 20268,48989.753.15$26,736
Feb 20267,54463.503.75$28,292
Jan 20268,10659.138.00$64,831
Dec 20258,66856.664.41$38,255
Nov 20258,37458.593.93$32,880
Oct 20258,75059.383.30$28,917
Sep 20258,62162.743.08$26,526
Aug 20258,94463.933.01$26,964
Jul 20258,98866.743.32$29,797
Jun 20258,55066.483.13$26,751
May 20259,12760.553.23$29,501
Apr 20258,85462.363.54$31,371
Mar 20258,89267.704.27$37,954
Feb 20257,60870.884.34$33,025
Jan 20259,05174.324.28$38,726
Dec 20249,08168.993.12$28,345
Nov 20248,72869.052.20$19,188
Oct 20249,33071.372.28$21,285
Sep 20248,95469.612.36$21,170
Aug 20249,30175.632.06$19,194
Jul 20249,27679.932.15$19,912
Jun 20249,10478.082.63$23,980
May 20249,33678.812.20$20,525
Apr 20249,26484.451.66$15,371
Mar 20249,65080.301.55$14,911
Feb 20249,31776.091.78$16,618
Jan 20249,25373.023.30$30,513
Dec 20239,82071.262.61$25,637
Nov 20239,58477.892.81$26,908
Oct 202310,09785.443.09$31,172
Sep 20239,70489.042.74$26,541
Aug 20239,85080.522.67$26,328
Jul 202310,00174.852.64$26,421
Jun 20239,76368.962.26$22,050
May 202310,24770.622.23$22,824
Apr 202310,10478.122.24$22,610
Mar 202310,79872.852.39$25,841
Feb 20239,81775.112.47$24,206
Jan 202310,94376.533.39$37,072
Dec 202211,05976.415.73$63,358
Nov 202210,94285.005.65$61,781
Oct 202211,25887.185.86$66,014
Sep 202211,11484.888.16$90,731
Aug 202211,62094.529.13$106,058
Jul 202211,553101.587.54$87,134
Jun 202211,343115.097.98$90,485
May 202211,466109.378.43$96,693
Apr 202211,543104.226.84$78,926
Mar 202211,889108.885.08$60,353
Feb 202210,83291.054.86$52,631
Jan 202212,36381.844.54$56,099
Dec 202110,19271.323.90$39,740
Nov 202111,21677.435.24$58,737
Oct 202112,49679.795.71$71,401
Sep 202111,96669.865.35$64,029
Aug 202112,34566.024.22$52,103
Jul 202112,66570.783.98$50,433
Jun 202112,00269.493.38$40,574
May 202112,69363.483.02$38,303
Apr 202112,04060.362.76$33,211
Mar 202113,45861.302.72$36,565
Feb 202110,09757.805.55$56,018
Jan 202112,55950.412.81$35,294
Dec 202012,69144.642.68$33,954
Nov 202012,59338.772.71$34,084
Oct 202012,87236.972.48$31,902
Sep 202012,25737.091.99$24,404
Aug 202012,65939.982.39$30,193
Jul 202013,01338.371.83$23,750
Jun 202012,11034.901.69$20,470
May 202012,72916.921.81$23,100
Apr 202012,81614.751.80$23,125
Mar 202013,25230.341.86$24,599
Feb 202012,77249.881.98$25,297
Jan 202013,60957.252.09$28,507
Dec 201913,86459.012.30$31,948
Nov 201913,11655.302.75$36,078
Oct 201913,70553.472.42$33,146
Sep 201913,33755.052.66$35,440
Aug 201913,91053.112.30$32,054
Jul 201914,28156.272.46$35,132
Jun 201914,46652.782.49$36,038
May 201915,08058.482.74$41,324
Apr 201914,82062.632.75$40,765
Mar 201915,38656.803.06$47,113
Feb 201914,01650.852.79$39,136
Jan 201914,85946.033.23$47,968
Dec 201814,84646.594.19$62,137
Nov 201814,81352.934.24$62,766
Oct 201815,60461.443.40$53,024
Sep 201815,11859.543.11$46,987
Aug 201815,87759.403.07$48,688
Jul 201816,16365.142.93$47,388
Jun 201815,13260.183.08$46,560
May 201815,91065.382.90$46,152
Apr 201816,28163.842.90$47,228
Mar 201817,75561.222.79$49,480
Feb 201815,38661.782.77$42,560
Jan 201817,44962.874.01$69,959
Dec 201717,48057.272.92$51,068
Nov 201716,80955.423.12$52,417
Oct 201717,55049.292.98$52,364
Sep 201717,25147.523.09$53,259
Aug 201718,20945.373.00$54,707
Jul 201718,19443.873.09$56,170
Jun 201717,59442.493.09$54,318
May 201719,63045.373.26$64,061
Apr 201718,75147.933.21$60,221
Mar 201719,83246.772.98$59,172
Feb 201718,14050.452.95$53,560
Jan 201720,04549.413.42$68,530
Dec 201619,54148.763.72$72,748
Nov 201619,22942.492.64$50,848
Oct 201620,38346.193.09$62,989
Sep 201620,01941.553.10$62,072
Aug 201621,03041.442.92$61,499
Jul 201621,25541.622.92$62,157
Jun 201620,76045.352.69$55,758
May 201621,56542.521.99$42,937
Apr 201620,74736.561.99$41,308
Mar 201621,91033.011.79$39,307
Feb 201620,45226.472.06$42,205
Jan 201622,68827.352.36$53,643
Dec 201522,89132.362.00$45,814
Nov 201522,80238.792.17$49,419
Oct 201524,17443.552.43$58,660
Sep 201522,63942.992.76$62,448
Aug 201524,04040.162.87$69,055
Jul 201524,92148.152.95$73,394
Jun 201524,38956.152.88$70,310
May 201524,50855.212.96$72,432
Apr 201524,67749.822.71$66,790
Mar 201526,44942.892.93$77,620
Feb 201524,34544.662.98$72,455
Jan 201527,24143.433.10$84,464
Dec 201428,21554.693.59$101,330
Nov 201427,92670.464.25$118,737
Oct 201427,19378.303.90$106,079
Sep 201426,36686.164.05$106,662
Aug 201427,81989.394.04$112,253
Jul 201428,63096.564.18$119,662
Jun 201427,70298.164.74$131,221
May 201429,48894.734.73$139,377
Apr 201429,53895.944.81$142,052
Mar 201432,01395.895.06$161,883
Feb 201430,30197.406.19$187,624
Jan 201434,52490.404.86$167,812
Dec 201335,82791.824.35$156,008
Nov 201337,00388.853.74$138,328
Oct 201339,35397.423.78$148,729
Sep 201338,282104.113.72$142,323
Aug 201341,414104.253.52$145,885
Jul 201342,676102.523.72$158,658
Jun 201342,95194.403.93$168,944
May 201346,90394.834.15$194,604
Apr 201348,13493.964.28$206,138
Mar 201351,57893.623.91$201,818
Feb 201348,99891.233.42$167,569
Jan 201357,80891.603.42$197,698
Dec 201261,26886.773.42$209,546
Nov 201265,18786.953.62$236,300
Oct 201273,26589.383.40$249,078
Sep 201279,44894.672.92$231,861
Aug 201295,07592.662.91$276,493
Jul 201290,67185.133.02$273,899

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                8,480 Mcf  × $  3.05 =    $25,829

────────────────────────────────────────────────────
Month total                                  $25,829

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/267056 is the state's own key, not one this site invented.