J. MURIEL REESE

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 270049District 09Field 65280200GasSaveExport
Value, all time
$10.9 M
May 2013 – May 2026
Value, last 12 filed months
$463 k
at the published price for each month
Months reported
157
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
GasProduction3,114,710 Mcf$10,904,889
Total$10,904,889

Every month this lease reported (157)

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

157 months

May 202610,705106.413.05$32,606
Apr 202610,61698.932.87$30,465
Mar 202610,19289.753.15$32,099
Feb 20269,84963.503.75$36,937
Jan 20269,10859.138.00$72,845
Dec 202510,25456.664.41$45,255
Nov 202510,24058.593.93$40,207
Oct 202510,96659.383.30$36,241
Sep 202510,66462.743.08$32,812
Aug 202511,15663.933.01$33,633
Jul 202511,00766.743.32$36,490
Jun 202510,69766.483.13$33,468
May 202510,87560.553.23$35,151
Apr 202510,68362.363.54$37,851
Mar 202511,12467.704.27$47,481
Feb 202510,14370.884.34$44,029
Jan 202511,49274.324.28$49,171
Dec 202411,50768.993.12$35,918
Nov 202411,29869.052.20$24,838
Oct 202411,72371.372.28$26,745
Sep 202411,28369.612.36$26,677
Aug 202411,80675.632.06$24,363
Jul 202411,61479.932.15$24,931
Jun 202411,37678.082.63$29,964
May 202411,86178.812.20$26,076
Apr 202411,58584.451.66$19,222
Mar 202412,15680.301.55$18,783
Feb 202411,68876.091.78$20,847
Jan 202412,18773.023.30$40,189
Dec 202312,02571.262.61$31,394
Nov 202311,82677.892.81$33,202
Oct 202312,49685.443.09$38,579
Sep 202312,00289.042.74$32,826
Aug 202312,41180.522.67$33,173
Jul 202312,59274.852.64$33,266
Jun 202312,48468.962.26$28,195
May 202312,61970.622.23$28,108
Apr 202312,33778.122.24$27,607
Mar 202312,91172.852.39$30,898
Feb 202311,66475.112.47$28,760
Jan 202312,95276.533.39$43,878
Dec 202213,08676.415.73$74,971
Nov 202212,72585.005.65$71,848
Oct 202213,30387.185.86$78,006
Sep 202212,78184.888.16$104,340
Aug 202213,33194.529.13$121,674
Jul 202213,304101.587.54$100,340
Jun 202213,089115.097.98$104,414
May 202213,497109.378.43$113,821
Apr 202213,006104.226.84$88,930
Mar 202213,609108.885.08$69,085
Feb 202212,27591.054.86$59,642
Jan 202213,89781.844.54$63,060
Dec 202114,11471.323.90$55,032
Nov 202113,59277.435.24$71,179
Oct 202114,11079.795.71$80,623
Sep 202113,33669.865.35$71,360
Aug 202113,97966.024.22$59,000
Jul 202114,18170.783.98$56,470
Jun 202113,85869.493.38$46,849
May 202114,23763.483.02$42,963
Apr 202114,07260.362.76$38,816
Mar 202115,04961.302.72$40,887
Feb 202112,62657.805.55$70,048
Jan 202115,04950.412.81$42,292
Dec 202015,08444.642.68$40,357
Nov 202014,94538.772.71$40,450
Oct 202015,56136.972.48$38,567
Sep 202014,57837.091.99$29,025
Aug 202015,36739.982.39$36,652
Jul 202015,57638.371.83$28,428
Jun 202015,15034.901.69$25,608
May 202015,75816.921.81$28,597
Apr 202015,47914.751.80$27,930
Mar 202016,18030.341.86$30,034
Feb 202015,68449.881.98$31,065
Jan 202016,68157.252.09$34,942
Dec 201916,75559.012.30$38,610
Nov 201916,60055.302.75$45,662
Oct 201917,22753.472.42$41,664
Sep 201916,62655.052.66$44,180
Aug 201917,21753.112.30$39,674
Jul 201917,48756.272.46$43,019
Jun 201916,88052.782.49$42,051
May 201917,29658.482.74$47,397
Apr 201917,46162.632.75$48,030
Mar 201918,28756.803.06$55,997
Feb 201916,41850.852.79$45,843
Jan 201917,87246.033.23$57,694
Dec 201818,17146.594.19$76,054
Nov 201818,53452.934.24$78,533
Oct 201818,59361.443.40$63,181
Sep 201818,58659.543.11$57,765
Aug 201817,64859.403.07$54,119
Jul 201820,01565.142.93$58,682
Jun 201819,95260.183.08$61,391
May 201820,50865.382.90$59,490
Apr 201820,07463.842.90$58,231
Mar 201820,94461.222.79$58,368
Feb 201819,27761.782.77$53,323
Jan 201821,26462.874.01$85,254
Dec 201721,59457.272.92$63,087
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 201720,19645.373.00$60,677
Jul 201721,04143.873.09$64,959
Jun 201719,30342.493.09$59,594
May 201719,31245.373.26$63,023
Apr 201719,76547.933.21$63,477
Mar 201721,01946.772.98$62,714
Feb 201718,81750.452.95$55,559
Jan 201721,10549.413.42$72,154
Dec 201621,74448.763.72$80,949
Nov 201621,70642.492.64$57,398
Oct 201621,48746.193.09$66,400
Sep 201620,58941.553.10$63,839
Aug 201622,93741.442.92$67,076
Jul 201623,13141.622.92$67,643
Jun 201622,96145.352.69$61,669
May 2016042.521.99$0
Apr 201623,73836.561.99$47,263
Mar 201624,83933.011.79$44,561
Feb 201623,88226.472.06$49,284
Jan 201625,82827.352.36$61,067
Dec 201526,44732.362.00$52,931
Nov 201525,67238.792.17$55,640
Oct 201527,66143.552.43$67,122
Sep 201527,15342.992.76$74,899
Aug 201527,97740.162.87$80,364
Jul 201527,66148.152.95$81,464
Jun 201528,02256.152.88$80,784
May 2015055.212.96$0
Apr 201529,74749.822.71$80,512
Mar 201531,40642.892.93$92,168
Feb 201528,89744.662.98$86,003
Jan 201532,65743.433.10$101,257
Dec 201433,38454.693.59$119,894
Nov 201433,89470.464.25$144,112
Oct 201435,54978.303.90$138,675
Sep 201435,49686.164.05$143,597
Aug 201438,14089.394.04$153,899
Jul 201439,44396.564.18$164,856
Jun 201439,56998.164.74$187,434
May 201442,22594.734.73$199,579
Apr 201442,39495.944.81$203,878
Mar 201445,00795.895.06$227,591
Feb 201442,88697.406.19$265,550
Jan 201449,84890.404.86$242,297
Dec 201351,52591.824.35$224,365
Nov 201353,60988.853.74$200,405
Oct 201356,23697.423.78$212,536
Sep 201357,829104.113.72$214,993
Aug 201366,057104.253.52$232,693
Jul 201339,891102.523.72$148,304
Jun 201379,05894.403.93$310,968
May 201364,36194.834.15$267,039

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               10,705 Mcf  × $  3.05 =    $32,606

────────────────────────────────────────────────────
Month total                                  $32,606

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/270049 is the state's own key, not one this site invented.