MCLEROY

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 270205District 09Field 65280200GasSaveExport
Value, all time
$7.9 M
May 2013 – May 2026
Value, last 12 filed months
$311 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
GasProduction2,272,178 Mcf$7,873,902
Total$7,873,902

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 20266,880106.413.05$20,955
Apr 20266,71898.932.87$19,279
Mar 20266,98889.753.15$22,008
Feb 20266,27563.503.75$23,533
Jan 20266,95259.138.00$55,602
Dec 20257,23456.664.41$31,926
Nov 20256,79658.593.93$26,684
Oct 20257,18659.383.30$23,749
Sep 20256,95062.743.08$21,385
Aug 20256,88763.933.01$20,763
Jul 20256,99366.743.32$23,183
Jun 20256,94566.483.13$21,729
May 20257,29360.553.23$23,573
Apr 20257,19462.363.54$25,489
Mar 20257,43167.704.27$31,718
Feb 20256,77370.884.34$29,401
Jan 20257,71974.324.28$33,027
Dec 20247,69468.993.12$24,016
Nov 20247,47569.052.20$16,433
Oct 20247,66771.372.28$17,491
Sep 20247,46369.612.36$17,645
Aug 20247,63675.632.06$15,758
Jul 20247,58479.932.15$16,280
Jun 20247,34678.082.63$19,349
May 20247,70478.812.20$16,937
Apr 20247,53084.451.66$12,494
Mar 20247,87080.301.55$12,160
Feb 20247,31676.091.78$13,049
Jan 20247,88573.023.30$26,002
Dec 20237,98071.262.61$20,834
Nov 20238,00577.892.81$22,475
Oct 20238,37785.443.09$25,862
Sep 20238,03489.042.74$21,973
Aug 20238,10580.522.67$21,664
Jul 20238,02574.852.64$21,200
Jun 20237,79868.962.26$17,612
May 20238,20470.622.23$18,274
Apr 20238,08778.122.24$18,097
Mar 20238,35772.852.39$20,000
Feb 20237,48375.112.47$18,451
Jan 20238,15376.533.39$27,620
Dec 20228,32476.415.73$47,689
Nov 20228,11985.005.65$45,842
Oct 20228,50087.185.86$49,842
Sep 20228,30784.888.16$67,816
Aug 20228,88794.529.13$81,113
Jul 20228,817101.587.54$66,499
Jun 20228,504115.097.98$67,838
May 20228,931109.378.43$75,315
Apr 20228,693104.226.84$59,439
Mar 20229,104108.885.08$46,216
Feb 20228,36591.054.86$40,644
Jan 20229,35281.844.54$42,436
Dec 20219,37971.323.90$36,570
Nov 20219,08677.435.24$47,582
Oct 20219,69679.795.71$55,402
Sep 20219,39569.865.35$50,272
Aug 20219,55666.024.22$40,332
Jul 20219,52170.783.98$37,913
Jun 20219,71669.493.38$32,846
May 20219,62763.483.02$29,051
Apr 20219,29760.362.76$25,645
Mar 20219,46261.302.72$25,708
Feb 20218,86757.805.55$49,194
Jan 20219,67250.412.81$27,181
Dec 20209,81044.642.68$26,246
Nov 20209,72338.772.71$26,316
Oct 202010,18036.972.48$25,230
Sep 202010,09137.091.99$20,092
Aug 202010,46339.982.39$24,955
Jul 202010,54538.371.83$19,246
Jun 20209,57834.901.69$16,190
May 202010,05616.921.81$18,249
Apr 202010,29114.751.80$18,569
Mar 202010,41030.341.86$19,323
Feb 202010,15349.881.98$20,110
Jan 202011,02757.252.09$23,099
Dec 201911,24359.012.30$25,908
Nov 201910,96555.302.75$30,161
Oct 201911,38653.472.42$27,538
Sep 201910,99355.052.66$29,211
Aug 201911,43953.112.30$26,360
Jul 201911,56256.272.46$28,443
Jun 201911,33652.782.49$28,240
May 201911,68758.482.74$32,026
Apr 201911,47162.632.75$31,553
Mar 201911,99656.803.06$36,733
Feb 201911,04950.852.79$30,851
Jan 201912,41846.033.23$40,088
Dec 201812,51846.594.19$52,393
Nov 201812,25452.934.24$51,923
Oct 201812,80761.443.40$43,519
Sep 201812,18259.543.11$37,862
Aug 201812,87959.403.07$39,494
Jul 201812,95065.142.93$37,968
Jun 201812,63660.183.08$38,880
May 201813,30865.382.90$38,604
Apr 201812,98163.842.90$37,655
Mar 201813,62161.222.79$37,960
Feb 201812,35561.782.77$34,175
Jan 201813,72562.874.01$55,028
Dec 201713,99557.272.92$40,887
Nov 201713,88755.423.12$43,305
Oct 201714,14049.292.98$42,189
Sep 201714,08947.523.09$43,497
Aug 201714,81445.373.00$44,507
Jul 201715,17443.873.09$46,846
Jun 201714,86542.493.09$45,892
May 201715,89145.373.26$51,859
Apr 201715,35347.933.21$49,308
Mar 201716,14546.772.98$48,172
Feb 201714,67950.452.95$43,341
Jan 201716,59649.413.42$56,738
Dec 201616,87448.763.72$62,819
Nov 201616,64342.492.64$44,010
Oct 201617,59046.193.09$54,358
Sep 201616,83441.553.10$52,196
Aug 201617,53541.442.92$51,278
Jul 201617,73441.622.92$51,860
Jun 201617,47645.352.69$46,938
May 201618,57342.521.99$36,980
Apr 201618,04136.561.99$35,920
Mar 201618,97933.011.79$34,049
Feb 201617,77226.472.06$36,675
Jan 201619,64327.352.36$46,443
Dec 201519,99732.362.00$40,022
Nov 201519,64238.792.17$42,571
Oct 201520,99443.552.43$50,944
Sep 201520,22642.992.76$55,792
Aug 201521,78940.162.87$62,589
Jul 201521,55948.152.95$63,493
Jun 201521,23356.152.88$61,212
May 201522,20055.212.96$65,611
Apr 201522,33949.822.71$60,462
Mar 201524,04442.892.93$70,562
Feb 201522,30144.662.98$66,372
Jan 201525,27843.433.10$78,378
Dec 201425,61454.693.59$91,989
Nov 201428,15670.464.25$119,715
Oct 201428,30378.303.90$110,409
Sep 201424,60486.164.05$99,534
Aug 201426,13789.394.04$105,466
Jul 201427,20196.564.18$113,689
Jun 201427,41398.164.74$129,852
May 201429,53794.734.73$139,608
Apr 201429,75295.944.81$143,081
Mar 201431,99795.895.06$161,802
Feb 201430,59297.406.19$189,426
Jan 201435,50090.404.86$172,556
Dec 201337,58291.824.35$163,650
Nov 201338,79088.853.74$145,008
Oct 201342,92397.423.78$162,221
Sep 201344,727104.113.72$166,283
Aug 201351,154104.253.52$180,196
Jul 201354,234102.523.72$201,628
Jun 201361,79494.403.93$243,061
May 20132,98794.834.15$12,393

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                6,880 Mcf  × $  3.05 =    $20,955

────────────────────────────────────────────────────
Month total                                  $20,955

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/270205 is the state's own key, not one this site invented.