SHARON MCCAFFITY

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 269173District 09Field 65280200GasSaveExport
Value, all time
$6.5 M
Nov 2012 – May 2026
Value, last 12 filed months
$187 k
at the published price for each month
Months reported
163
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
GasProduction1,845,830 Mcf$6,470,671
Total$6,470,671

Every month this lease reported (163)

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

163 months

May 20264,252106.413.05$12,951
Apr 20263,74398.932.87$10,741
Mar 20263,89289.753.15$12,258
Feb 20264,11563.503.75$15,433
Jan 20264,18359.138.00$33,455
Dec 20254,02656.664.41$17,768
Nov 20253,59758.593.93$14,123
Oct 20254,08859.383.30$13,510
Sep 20254,24162.743.08$13,049
Aug 20254,44563.933.01$13,401
Jul 20255,00666.743.32$16,596
Jun 20254,35666.483.13$13,629
May 20254,65660.553.23$15,050
Apr 20254,45162.363.54$15,770
Mar 20255,44667.704.27$23,245
Feb 20253,94470.884.34$17,120
Jan 20254,65074.324.28$19,896
Dec 20244,59268.993.12$14,333
Nov 20244,43969.052.20$9,759
Oct 20244,60771.372.28$10,510
Sep 20244,87769.612.36$11,531
Aug 20244,94675.632.06$10,207
Jul 20244,90579.932.15$10,529
Jun 20244,81578.082.63$12,683
May 20245,36478.812.20$11,792
Apr 20244,60084.451.66$7,632
Mar 20245,25380.301.55$8,117
Feb 20244,83476.091.78$8,622
Jan 20245,58273.023.30$18,408
Dec 20235,05371.262.61$13,192
Nov 20235,05877.892.81$14,201
Oct 20235,29585.443.09$16,347
Sep 20235,08689.042.74$13,910
Aug 20235,47180.522.67$14,623
Jul 20235,22174.852.64$13,793
Jun 20234,94768.962.26$11,173
May 20235,41070.622.23$12,050
Apr 20235,26178.122.24$11,773
Mar 20235,41972.852.39$12,969
Feb 20235,32375.112.47$13,125
Jan 20235,57476.533.39$18,883
Dec 20224,38476.415.73$25,116
Nov 20224,39185.005.65$24,792
Oct 20226,91687.185.86$40,554
Sep 20222,99184.888.16$24,418
Aug 20224,01394.529.13$36,627
Jul 20224,074101.587.54$30,726
Jun 20224,069115.097.98$32,459
May 20224,205109.378.43$35,461
Apr 20223,777104.226.84$25,826
Mar 20224,071108.885.08$20,666
Feb 20223,72591.054.86$18,099
Jan 20223,53681.844.54$16,045
Dec 20214,21571.323.90$16,435
Nov 20214,34377.435.24$22,744
Oct 20214,56079.795.71$26,055
Sep 20214,59169.865.35$24,566
Aug 20214,71166.024.22$19,883
Jul 20214,69670.783.98$18,700
Jun 20214,95169.493.38$16,737
May 20216,66963.483.02$20,125
Apr 20215,11060.362.76$14,096
Mar 20215,63561.302.72$15,310
Feb 20215,09557.805.55$28,267
Jan 20215,34250.412.81$15,012
Dec 20205,34044.642.68$14,287
Nov 20205,21738.772.71$14,120
Oct 20205,52636.972.48$13,696
Sep 20205,34437.091.99$10,640
Aug 20205,45239.982.39$13,004
Jul 20205,62238.371.83$10,261
Jun 20205,07734.901.69$8,582
May 20205,19216.921.81$9,422
Apr 20205,46514.751.80$9,861
Mar 20206,39130.341.86$11,863
Feb 20205,56749.881.98$11,026
Jan 20205,75757.252.09$12,059
Dec 20196,84259.012.30$15,766
Nov 20196,61855.302.75$18,204
Oct 20197,20553.472.42$17,426
Sep 20196,47655.052.66$17,209
Aug 20196,75653.112.30$15,568
Jul 20197,02156.272.46$17,272
Jun 20196,94152.782.49$17,291
May 20199,35358.482.74$25,630
Apr 20198,05862.632.75$22,165
Mar 20197,56956.803.06$23,177
Feb 20198,02650.852.79$22,410
Jan 20196,86046.033.23$22,145
Dec 20187,65546.594.19$32,040
Nov 201810,53652.934.24$44,644
Oct 20187,89861.443.40$26,838
Sep 20187,87759.543.11$24,482
Aug 20188,04959.403.07$24,683
Jul 20188,26665.142.93$24,235
Jun 20188,14560.183.08$25,062
May 20188,55365.382.90$24,811
Apr 20188,59863.842.90$24,941
Mar 20189,01961.222.79$25,135
Feb 20188,19861.782.77$22,677
Jan 20188,81462.874.01$35,338
Dec 20178,82357.272.92$25,777
Nov 20178,99755.423.12$28,056
Oct 20179,68549.292.98$28,897
Sep 20179,63147.523.09$29,734
Aug 201710,42645.373.00$31,324
Jul 201710,78343.873.09$33,290
Jun 201725,53142.493.09$78,821
May 201710,25645.373.26$33,469
Apr 201710,84547.933.21$34,830
Mar 201710,62146.772.98$31,690
Feb 20179,82850.452.95$29,018
Jan 201711,09349.413.42$37,925
Dec 201611,47848.763.72$42,731
Nov 201611,38742.492.64$30,111
Oct 201612,30446.193.09$38,023
Sep 201613,36341.553.10$41,434
Aug 201613,39441.442.92$39,169
Jul 201613,03841.622.92$38,128
Jun 201613,45345.352.69$36,132
May 201614,27642.521.99$28,424
Apr 201614,63036.561.99$29,129
Mar 201612,70733.011.79$22,796
Feb 201611,95626.472.06$24,673
Jan 201612,39127.352.36$29,297
Dec 201513,09432.362.00$26,206
Nov 201512,70338.792.17$27,532
Oct 201514,96343.552.43$36,309
Sep 201513,93342.992.76$38,433
Aug 201512,81740.162.87$36,817
Jul 201512,94648.152.95$38,127
Jun 201513,15056.152.88$37,910
May 201514,82655.212.96$43,818
Apr 201514,88449.822.71$40,285
Mar 201515,97442.892.93$46,879
Feb 201514,40444.662.98$42,869
Jan 201516,91043.433.10$52,432
Dec 201417,34254.693.59$62,281
Nov 201416,04070.464.25$68,200
Oct 201417,17678.303.90$67,003
Sep 201417,78886.164.05$71,960
Aug 201419,37889.394.04$78,193
Jul 201419,60496.564.18$81,937
Jun 201411,07098.164.74$52,437
May 201418,09194.734.73$85,508
Apr 201416,29695.944.81$78,369
Mar 201421,62695.895.06$109,358
Feb 201430,83897.406.19$190,949
Jan 201422,15390.404.86$107,680
Dec 201332,67791.824.35$142,291
Nov 201334,74288.853.74$129,875
Oct 201338,21397.423.78$144,421
Sep 201339,442104.113.72$146,635
Aug 201343,034104.253.52$151,592
Jul 201345,459102.523.72$169,005
Jun 201347,34394.403.93$186,219
May 201353,05294.834.15$220,117
Apr 201356,59093.964.28$242,352
Mar 201360,00793.623.91$234,800
Feb 201348,91791.233.42$167,292
Jan 2013091.603.42$0
Dec 201273,41786.773.42$251,098
Nov 201223,65986.953.62$85,763

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                4,252 Mcf  × $  3.05 =    $12,951

────────────────────────────────────────────────────
Month total                                  $12,951

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/269173 is the state's own key, not one this site invented.