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 269402District 09Field 65280200GasSaveExport
Value, all time
$3.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$258
at the published price for each month
Months reported
164
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
GasProduction958,040 Mcf$3,395,513
Total$3,395,513

Every month this lease reported (164)

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

164 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 20257859.383.30$258
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20232,87485.443.09$8,873
Sep 20233,89789.042.74$10,658
Aug 20233,78380.522.67$10,112
Jul 20232,89574.852.64$7,648
Jun 20231,94168.962.26$4,384
May 20233,14870.622.23$7,012
Apr 20233,19778.122.24$7,154
Mar 20233,69372.852.39$8,838
Feb 20232,09375.112.47$5,161
Jan 20233,14576.533.39$10,654
Dec 20222,96776.415.73$16,998
Nov 20222,79885.005.65$15,798
Oct 20223,12887.185.86$18,342
Sep 20223,04284.888.16$24,834
Aug 20223,26294.529.13$29,773
Jul 20223,062101.587.54$23,094
Jun 20223,209115.097.98$25,599
May 20223,087109.378.43$26,033
Apr 20222,915104.226.84$19,932
Mar 20223,335108.885.08$16,930
Feb 20223,13791.054.86$15,242
Jan 20223,20181.844.54$14,525
Dec 20213,36871.323.90$13,132
Nov 20213,41277.435.24$17,868
Oct 20213,53479.795.71$20,193
Sep 20213,52769.865.35$18,873
Aug 20214,03266.024.22$17,017
Jul 20213,69070.783.98$14,694
Jun 20213,36169.493.38$11,362
May 20213,66563.483.02$11,060
Apr 20213,57760.362.76$9,867
Mar 20214,10261.302.72$11,145
Feb 20213,15857.805.55$17,520
Jan 20214,21250.412.81$11,837
Dec 20204,37044.642.68$11,692
Nov 20204,02538.772.71$10,894
Oct 20204,11736.972.48$10,204
Sep 20203,82237.091.99$7,610
Aug 20204,04839.982.39$9,655
Jul 20204,12138.371.83$7,521
Jun 20203,78234.901.69$6,393
May 20204,04116.921.81$7,333
Apr 20204,06014.751.80$7,326
Mar 20204,17930.341.86$7,757
Feb 20204,10949.881.98$8,139
Jan 20204,49557.252.09$9,416
Dec 20194,61659.012.30$10,637
Nov 20194,39155.302.75$12,078
Oct 20194,46053.472.42$10,787
Sep 20193,85755.052.66$10,249
Aug 20193,85653.112.30$8,886
Jul 20194,57256.272.46$11,247
Jun 20194,45852.782.49$11,106
May 20194,66458.482.74$12,781
Apr 20195,65162.632.75$15,544
Mar 20194,64756.803.06$14,230
Feb 20194,55350.852.79$12,713
Jan 20194,90446.033.23$15,831
Dec 20184,75746.594.19$19,910
Nov 20183,60152.934.24$15,258
Oct 20185,09461.443.40$17,310
Sep 20184,22559.543.11$13,131
Aug 20182,74059.403.07$8,402
Jul 20185,51365.142.93$16,163
Jun 20184,98560.183.08$15,338
May 20184,52365.382.90$13,120
Apr 20185,77863.842.90$16,761
Mar 20188,46161.222.79$23,579
Feb 20183,88661.782.77$10,749
Jan 20182,76962.874.01$11,102
Dec 20173,88857.272.92$11,359
Nov 20174,40255.423.12$13,727
Oct 20174,83049.292.98$14,411
Sep 20176,39047.523.09$19,728
Aug 20176,41445.373.00$19,270
Jul 20176,85843.873.09$21,173
Jun 20175,17242.493.09$15,967
May 20175,75645.373.26$18,784
Apr 20175,50247.933.21$17,670
Mar 20175,77346.772.98$17,225
Feb 20174,92850.452.95$14,550
Jan 20176,46249.413.42$22,092
Dec 20168,25948.763.72$30,747
Nov 20165,73442.492.64$15,163
Oct 20166,27346.193.09$19,385
Sep 20166,45341.553.10$20,008
Aug 20167,52941.442.92$22,017
Jul 20168,05841.622.92$23,564
Jun 20167,52845.352.69$20,219
May 20164,29842.521.99$8,557
Apr 20165,44436.561.99$10,839
Mar 20165,73433.011.79$10,287
Feb 20165,61526.472.06$11,587
Jan 20165,72127.352.36$13,527
Dec 20156,47932.362.00$12,967
Nov 20156,70638.792.17$14,534
Oct 20156,69143.552.43$16,236
Sep 20156,67442.992.76$18,410
Aug 20157,22940.162.87$20,765
Jul 20157,57248.152.95$22,300
Jun 201511,39456.152.88$32,847
May 20158,12655.212.96$24,016
Apr 20158,52949.822.71$23,084
Mar 20159,15042.892.93$26,853
Feb 20157,96644.662.98$23,708
Jan 20159,84243.433.10$30,516
Dec 20149,87154.693.59$35,450
Nov 20149,32870.464.25$39,661
Oct 201410,09878.303.90$39,392
Sep 201410,06686.164.05$40,721
Aug 201410,54389.394.04$42,542
Jul 201410,95296.564.18$45,775
Jun 201411,34498.164.74$53,735
May 201412,16994.734.73$57,518
Apr 201412,32495.944.81$59,268
Mar 201413,21295.895.06$66,810
Feb 201412,37097.406.19$76,595
Jan 201415,83490.404.86$76,965
Dec 201316,18091.824.35$70,455
Nov 201315,49588.853.74$57,925
Oct 201318,28197.423.78$69,090
Sep 20137,977104.113.72$29,656
Aug 201322,326104.253.52$78,646
Jul 201310,985102.523.72$40,839
Jun 20137,28894.403.93$28,667
May 201321,22894.834.15$88,077
Apr 201323,38093.964.28$100,127
Mar 201327,42793.623.91$107,318
Feb 201328,57991.233.42$97,738
Jan 201336,02491.603.42$123,199
Dec 201245,28286.773.42$154,872
Nov 201228,44386.953.62$103,105
Oct 2012089.383.40$0

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.

Oct 2025 — as filed, then multipliedworked
Gas                   78 Mcf  × $  3.30 =       $258

────────────────────────────────────────────────────
Month total                                     $258

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/269402 is the state's own key, not one this site invented.