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 269174District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Nov 2012 – May 2026
Value, last 12 filed months
$214 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
GasProduction2,128,900 Mcf$7,533,244
Total$7,533,244

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 20265,286106.413.05$16,100
Apr 20265,22498.932.87$14,991
Mar 20266,12589.753.15$19,290
Feb 20265,10163.503.75$19,130
Jan 20264,07359.138.00$32,576
Dec 20254,59556.664.41$20,279
Nov 20254,47558.593.93$17,571
Oct 20254,85859.383.30$16,055
Sep 20254,77962.743.08$14,705
Aug 20254,81263.933.01$14,507
Jul 20254,56966.743.32$15,147
Jun 20254,41466.483.13$13,810
May 20254,74660.553.23$15,341
Apr 20254,29062.363.54$15,200
Mar 20254,72067.704.27$20,146
Feb 20253,99070.884.34$17,320
Jan 20254,56474.324.28$19,528
Dec 20244,87968.993.12$15,229
Nov 20244,68469.052.20$10,297
Oct 20244,60671.372.28$10,508
Sep 20244,61169.612.36$10,902
Aug 20244,69475.632.06$9,687
Jul 20245,15279.932.15$11,059
Jun 20244,79778.082.63$12,635
May 20245,77878.812.20$12,703
Apr 20244,84284.451.66$8,034
Mar 20244,15080.301.55$6,412
Feb 20244,06376.091.78$7,247
Jan 20244,77973.023.30$15,760
Dec 20234,73271.262.61$12,354
Nov 20234,53577.892.81$12,732
Oct 20234,48885.443.09$13,856
Sep 20234,52889.042.74$12,384
Aug 20234,42080.522.67$11,814
Jul 20234,07674.852.64$10,768
Jun 20233,76268.962.26$8,496
May 20233,97370.622.23$8,849
Apr 20234,81178.122.24$10,766
Mar 20235,22172.852.39$12,495
Feb 20233,59375.112.47$8,859
Jan 20234,97176.533.39$16,840
Dec 20224,45676.415.73$25,529
Nov 20224,76785.005.65$26,915
Oct 20225,40487.185.86$31,688
Sep 20225,31084.888.16$43,349
Aug 20224,91394.529.13$44,842
Jul 20224,687101.587.54$35,350
Jun 20224,806115.097.98$38,338
May 20224,865109.378.43$41,027
Apr 20224,405104.226.84$30,120
Mar 20224,942108.885.08$25,088
Feb 20223,47491.054.86$16,880
Jan 20224,23581.844.54$19,217
Dec 20214,49671.323.90$17,530
Nov 20214,69777.435.24$24,597
Oct 20214,86779.795.71$27,809
Sep 20214,57869.865.35$24,497
Aug 20215,07566.024.22$21,419
Jul 20215,29470.783.98$21,081
Jun 20215,06669.493.38$17,126
May 20214,28863.483.02$12,940
Apr 20215,83260.362.76$16,087
Mar 20214,43161.302.72$12,039
Feb 20212,39057.805.55$13,260
Jan 20215,01150.412.81$14,082
Dec 20203,94844.642.68$10,563
Nov 20204,24538.772.71$11,489
Oct 20205,64636.972.48$13,993
Sep 20203,95837.091.99$7,881
Aug 20204,78939.982.39$11,422
Jul 20206,27338.371.83$11,449
Jun 20204,53334.901.69$7,662
May 20207,10816.921.81$12,899
Apr 20206,98214.751.80$12,598
Mar 20207,77630.341.86$14,434
Feb 20206,77549.881.98$13,419
Jan 20207,55157.252.09$15,817
Dec 20197,15359.012.30$16,483
Nov 20197,30655.302.75$20,097
Oct 20197,68353.472.42$18,582
Sep 20197,68855.052.66$20,429
Aug 20197,95653.112.30$18,333
Jul 20197,86456.272.46$19,346
Jun 20197,96852.782.49$19,850
May 20196,56758.482.74$17,996
Apr 20195,58962.632.75$15,374
Mar 20196,95356.803.06$21,291
Feb 20197,37350.852.79$20,587
Jan 20198,12846.033.23$26,239
Dec 20189,00746.594.19$37,698
Nov 20186,93652.934.24$29,390
Oct 20185,70161.443.40$19,372
Sep 20187,94559.543.11$24,693
Aug 20188,43259.403.07$25,857
Jul 20189,39565.142.93$27,545
Jun 20188,86560.183.08$27,277
May 20189,15565.382.90$26,557
Apr 20189,04263.842.90$26,229
Mar 20189,67361.222.79$26,957
Feb 20188,92661.782.77$24,690
Jan 201810,44262.874.01$41,865
Dec 201710,25057.272.92$29,946
Nov 201710,12255.423.12$31,564
Oct 201710,48449.292.98$31,281
Sep 201710,79047.523.09$33,312
Aug 201711,11345.373.00$33,388
Jul 201710,75343.873.09$33,198
Jun 201726,45442.493.09$81,671
May 201711,82545.373.26$38,590
Apr 201711,60247.933.21$37,261
Mar 201712,14046.772.98$36,222
Feb 201711,31150.452.95$33,397
Jan 201712,81249.413.42$43,802
Dec 201612,86648.763.72$47,898
Nov 201612,73342.492.64$33,671
Oct 201613,12646.193.09$40,563
Sep 201610,84241.553.10$33,617
Aug 201611,92041.442.92$34,858
Jul 201614,65441.622.92$42,853
Jun 201614,89945.352.69$40,016
May 201615,43042.521.99$30,722
Apr 201614,82936.561.99$29,525
Mar 201612,58933.011.79$22,585
Feb 201612,79026.472.06$26,394
Jan 201613,24827.352.36$31,323
Dec 201514,08832.362.00$28,196
Nov 201513,47738.792.17$29,209
Oct 201514,12143.552.43$34,266
Sep 201513,00742.992.76$35,879
Aug 201513,54340.162.87$38,902
Jul 201514,53848.152.95$42,816
Jun 201519,13956.152.88$55,175
May 201516,59755.212.96$49,052
Apr 201516,86749.822.71$45,652
Mar 201518,27142.892.93$53,620
Feb 201516,43544.662.98$48,914
Jan 201518,99743.433.10$58,903
Dec 201419,35054.693.59$69,493
Nov 201418,64170.464.25$79,259
Oct 201419,82978.303.90$77,352
Sep 201419,86786.164.05$80,371
Aug 201422,31289.394.04$90,032
Jul 201423,74496.564.18$99,240
Jun 201424,76398.164.74$117,299
May 201425,50394.734.73$120,541
Apr 201425,30695.944.81$121,700
Mar 201431,88295.895.06$161,221
Feb 201432,21797.406.19$199,488
Jan 201438,03790.404.86$184,887
Dec 201339,17591.824.35$170,587
Nov 201335,02888.853.74$130,944
Oct 201336,57697.423.78$138,234
Sep 201337,570104.113.72$139,675
Aug 201341,389104.253.52$145,797
Jul 201344,286102.523.72$164,644
Jun 201346,23994.403.93$181,877
May 201351,60994.834.15$214,130
Apr 201354,31993.964.28$232,626
Mar 201358,18393.623.91$227,663
Feb 201348,63091.233.42$166,310
Jan 2013177,03091.603.42$605,427
Dec 201275,30786.773.42$257,562
Nov 201219,06086.953.62$69,092

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                5,286 Mcf  × $  3.05 =    $16,100

────────────────────────────────────────────────────
Month total                                  $16,100

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/269174 is the state's own key, not one this site invented.