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Texas gas well

Producing

REEVES, MARTHA

Reeves, Martha is a gas well in Parker County, Texas, operated by Formentera Operations LLC in the Newark, East (Barnett Shale) field.

1 well

93,558mcf gas, last 12 months−4% vs prior year
Operator
Formentera Operations LLC
County
Parker County
Field
Newark, East (Barnett Shale)
RRC lease
09-257282

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Where it sits

This county

Parker CountyParkerWiseJackHoodPalo PintoTarrantJohnsonDentonParker County
Parker County
Oil, last 12 months
199 bbl
Gas in Jul 2026
7,781 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Formentera Operations LLC took over from Javelin Energy Partners Mgmt LLC in Dec 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 4% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for REEVES, MARTHA, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 93,558 mcf in the 12 months through Jul 2026, against 97,175 mcf in the 12 months before.Last 12 months: 93,558 mcfmcf per monthbbl per month002,500505,0001007,50015010k200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for REEVES, MARTHA, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 93,558 mcf in the 12 months through Jul 2026, against 97,175 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,500505,0001007,50015010k200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of REEVES, MARTHA gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of REEVES, MARTHA gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Dec 2025

Operators of this lease over timeFDL Operating, LLC, Jan 2020 to Dec 2021; Venado Operating Company LLC, Jan 2022 to Mar 2022; Javelin Energy Partners Mgmt LLC, Apr 2022 to Nov 2025; Formentera Operations LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Apr 2022Changed Dec 2025FDL Operating, LLCJan 2020 to Dec 2021Venado Operating Company LLCJan 2022 to Mar 2022Javelin Energy Partners Mgmt…Apr 2022 to Nov 2025Formentera Operations LLCDec 2025 to now
Operators of this lease over timeFDL Operating, LLC, Jan 2020 to Dec 2021; Venado Operating Company LLC, Jan 2022 to Mar 2022; Javelin Energy Partners Mgmt LLC, Apr 2022 to Nov 2025; Formentera Operations LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Apr 2022Changed Dec 2025FDL Operating, LLCJan 2020 to Dec 2021Venado Operating Company LLCJan 2022 to Mar 2022Javelin Energy Partners Mgmt LLCApr 2022 to Nov 2025Formentera Operations LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REEVES, MARTHA
API numberWell no.Status
42-367-350355Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100Jan 1, 2024–
Javelin Marketing, LLCGas-well gasBuys100Nov 1, 2023–
Enlink Midstream Services, LLCGas-well gasGathers100Nov 1, 2023–
Ptt Premier Trading and Tran LLCCondensateGathers100Nov 1, 2023Jan 1, 2024
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Nov 1, 2023
Enlink North Texas Gathering, LPGas-well gasGathers100Aug 1, 2014Nov 1, 2023
Devon Gas Services, L.p.Gas-well gasBuys100Jul 9, 2010Nov 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

288.70 acres on the newest permit

Check your decimal on this lease
Permits for Reeves, Martha
API numberWell no.Acreson the permit
42-367-350355288.70

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for REEVES, MARTHA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations907,7817,7810$80.46$2.89
Jun 2026Formentera Operations10507,5987,5980$84.81$3.15
May 2026Formentera Operations1508,0978,0970$102.13$2.94
Apr 2026Formentera Operations1107,7817,7810$100.32$2.77
Mar 2026Formentera Operations1407,8207,8200$91.38$3.04
Feb 2026Formentera Operations88807,3417,3410$64.51$3.62
Jan 2026Formentera Operations008,0638,0630$60.04$7.72
Dec 2025Formentera Operations19457,9637,9630$57.97$4.26
Nov 2025Javelin Energy007,5527,5520$60.06$3.79
Oct 2025Javelin Energy007,7437,7430$60.89$3.19
Sep 2025Javelin Energy3307,4327,4320$63.96$2.97
Aug 2025Javelin Energy008,3878,3870$64.86$2.91
Jul 2025Javelin Energy008,3908,3900$68.39$3.20
Jun 2025Javelin Energy008,2098,2090$68.17$3.02
May 2025Javelin Energy008,2748,2740$62.17$3.12
Apr 2025Javelin Energy73807,7447,7440$63.54$3.42
Mar 2025Javelin Energy008,2148,2140$68.24$4.12
Feb 2025Javelin Energy11077,2787,2780$71.53$4.19
Jan 2025Javelin Energy11007,7817,7810$75.74$4.13
Dec 2024Javelin Energy008,1778,1770$70.12$3.01
Nov 2024Javelin Energy1261278,0968,0960$69.95$2.12
Oct 2024Javelin Energy008,2078,2070$71.99$2.20
Sep 2024Javelin Energy008,1968,1960$70.24$2.28
Aug 2024Javelin Energy008,6098,6090$76.68$1.99
Jul 2024Javelin Energy308,6928,6920$81.80$2.07
Jun 2024Javelin Energy74798,2448,2440$79.77$2.54
May 2024Javelin Energy008,8018,8010$80.02$2.12
Apr 2024Javelin Energy008,1328,1320$85.35$1.60
Mar 2024Javelin Energy29388,3278,3270$81.28$1.49
Feb 2024Javelin Energy1707,2057,2050$77.25$1.72
Jan 2024Javelin Energy34367,5507,5500$74.15$3.18
Dec 2023Javelin Energy007,5567,5560$71.90$2.52
Nov 2023Javelin Energy14367,6027,6020$77.69$2.71
Oct 2023Javelin Energy1807,9337,9330$85.64$2.98
Sep 2023Javelin Energy15347,5667,5660$89.43$2.64
Aug 2023Javelin Energy1707,8477,8470$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorFormentera Operations LLCFieldNewark, East (Barnett Shale)CountyParker County

Formentera Operations LLC in Parker County

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Newark, East (Barnett Shale) field

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