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 269183District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Nov 2012 – May 2026
Value, last 12 filed months
$159 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
GasProduction1,694,683 Mcf$5,982,416
Total$5,982,416

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 20264,969106.413.05$15,135
Apr 20264,28798.932.87$12,302
Mar 20264,88889.753.15$15,394
Feb 20262,19063.503.75$8,213
Jan 20262,33359.138.00$18,659
Dec 20253,15156.664.41$13,907
Nov 20253,52858.593.93$13,852
Oct 20253,88559.383.30$12,839
Sep 20254,05262.743.08$12,468
Aug 20254,45663.933.01$13,434
Jul 20252,31066.743.32$7,658
Jun 20254,79166.483.13$14,990
May 20253,48260.553.23$11,255
Apr 20252,79962.363.54$9,917
Mar 20251,77367.704.27$7,568
Feb 20253,17770.884.34$13,791
Jan 20254,07974.324.28$17,453
Dec 20245,50668.993.12$17,186
Nov 20244,76769.052.20$10,480
Oct 20245,15471.372.28$11,758
Sep 20244,18769.612.36$9,900
Aug 20244,73075.632.06$9,761
Jul 20244,71779.932.15$10,125
Jun 20244,31178.082.63$11,355
May 20243,13778.812.20$6,897
Apr 20243,99484.451.66$6,627
Mar 20243,84280.301.55$5,936
Feb 20243,52676.091.78$6,289
Jan 20245,55173.023.30$18,305
Dec 20235,15871.262.61$13,466
Nov 20235,79577.892.81$16,270
Oct 20234,69885.443.09$14,504
Sep 20234,52689.042.74$12,379
Aug 20233,79980.522.67$10,154
Jul 20234,19974.852.64$11,093
Jun 20233,65068.962.26$8,243
May 20234,19570.622.23$9,344
Apr 20235,74278.122.24$12,849
Mar 20235,54372.852.39$13,265
Feb 20234,18075.112.47$10,307
Jan 20234,57576.533.39$15,499
Dec 20224,22076.415.73$24,177
Nov 20224,69785.005.65$26,520
Oct 20225,61187.185.86$32,902
Sep 20225,20584.888.16$42,492
Aug 20223,71394.529.13$33,889
Jul 20223,936101.587.54$29,686
Jun 20223,971115.097.98$31,677
May 20224,483109.378.43$37,805
Apr 20223,814104.226.84$26,079
Mar 20225,309108.885.08$26,951
Feb 20224,82091.054.86$23,420
Jan 20227,00981.844.54$31,805
Dec 20216,64871.323.90$25,921
Nov 20216,93777.435.24$36,328
Oct 20217,20279.795.71$41,151
Sep 20216,79469.865.35$36,354
Aug 20217,30366.024.22$30,823
Jul 20216,98170.783.98$27,799
Jun 20216,29269.493.38$21,271
May 202193063.483.02$2,806
Apr 20212,11160.362.76$5,823
Mar 20215,03961.302.72$13,691
Feb 20213,76357.805.55$20,877
Jan 20215,64550.412.81$15,864
Dec 20208,93044.642.68$23,892
Nov 20207,00538.772.71$18,960
Oct 20205,18936.972.48$12,861
Sep 20205,49337.091.99$10,937
Aug 20206,74939.982.39$16,097
Jul 20205,45738.371.83$9,960
Jun 20205,29934.901.69$8,957
May 20204,00516.921.81$7,268
Apr 20205,94214.751.80$10,722
Mar 20205,37730.341.86$9,981
Feb 20206,57249.881.98$13,017
Jan 20203,17657.252.09$6,653
Dec 20195,61659.012.30$12,941
Nov 20195,90755.302.75$16,248
Oct 20195,14353.472.42$12,439
Sep 20196,28755.052.66$16,706
Aug 20196,64153.112.30$15,303
Jul 20194,88056.272.46$12,005
Jun 20196,52752.782.49$16,260
May 20192,81058.482.74$7,700
Apr 20192,12362.632.75$5,840
Mar 20195,30556.803.06$16,244
Feb 20195,62650.852.79$15,709
Jan 20197,35846.033.23$23,753
Dec 20187,71146.594.19$32,274
Nov 20181,70652.934.24$7,229
Oct 20187,53061.443.40$25,588
Sep 20188,03259.543.11$24,963
Aug 20189,00059.403.07$27,599
Jul 20189,66065.142.93$28,322
Jun 20189,51060.183.08$29,262
May 20189,58165.382.90$27,793
Apr 20189,05763.842.90$26,273
Mar 20189,16461.222.79$25,539
Feb 20188,53761.782.77$23,614
Jan 20187,98862.874.01$32,026
Dec 20178,82157.272.92$25,771
Nov 20178,55555.423.12$26,678
Oct 20177,29849.292.98$21,775
Sep 20178,74047.523.09$26,983
Aug 20176,44245.373.00$19,354
Jul 20176,61743.873.09$20,429
Jun 201716,10242.493.09$49,711
May 20179,29945.373.26$30,346
Apr 20175,60647.933.21$18,004
Mar 201714,08546.772.98$42,025
Feb 201713,97950.452.95$41,274
Jan 201715,53249.413.42$53,101
Dec 201615,24748.763.72$56,762
Nov 201615,14642.492.64$40,051
Oct 201616,20346.193.09$50,071
Sep 201615,05841.553.10$46,689
Aug 201618,40241.442.92$53,814
Jul 201617,68141.622.92$51,705
Jun 201616,71045.352.69$44,880
May 201616,61742.521.99$33,085
Apr 201611,82836.561.99$23,550
Mar 20167,98433.011.79$14,323
Feb 201610,48726.472.06$21,641
Jan 201610,59827.352.36$25,057
Dec 201511,29432.362.00$22,604
Nov 201513,00938.792.17$28,195
Oct 20151,09743.552.43$2,662
Sep 20152,51342.992.76$6,932
Aug 201511,96740.162.87$34,375
Jul 201512,52248.152.95$36,878
Jun 201513,11356.152.88$37,803
May 201514,34955.212.96$42,408
Apr 201514,84249.822.71$40,171
Mar 201517,64042.892.93$51,768
Feb 201515,74044.662.98$46,845
Jan 201517,22043.433.10$53,393
Dec 201416,68754.693.59$59,929
Nov 201417,64970.464.25$75,041
Oct 201420,17778.303.90$78,710
Sep 201420,18986.164.05$81,673
Aug 201423,28589.394.04$93,958
Jul 201424,66096.564.18$103,069
Jun 201415,71598.164.74$74,440
May 20148,94194.734.73$42,260
Apr 201422,53295.944.81$108,359
Mar 201429,16995.895.06$147,502
Feb 201423,36597.406.19$144,676
Jan 201429,34390.404.86$142,628
Dec 20137,13391.824.35$31,061
Nov 201328,37888.853.74$106,085
Oct 201330,94997.423.78$116,967
Sep 201331,913104.113.72$118,644
Aug 201335,450104.253.52$124,877
Jul 201338,516102.523.72$143,192
Jun 201339,74094.403.93$156,314
May 201344,41594.834.15$184,281
Apr 201347,07393.964.28$201,594
Mar 201350,64893.623.91$198,179
Feb 201342,83791.233.42$146,499
Jan 2013091.603.42$0
Dec 201264,67686.773.42$221,202
Nov 201219,94286.953.62$72,289

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                4,969 Mcf  × $  3.05 =    $15,135

────────────────────────────────────────────────────
Month total                                  $15,135

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/269183 is the state's own key, not one this site invented.