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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

69,092mcf gas, last 12 months−3% vs prior year
RRC lease
09-263200

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Where it sits

This county

Parker CountyParkerWiseJackHoodPalo PintoTarrantJohnsonDentonParker County
Parker County
Oil, last 12 months
190 bbl
Gas in Jul 2026
5,674 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 3% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 3% over the last 12 monthsMonthly gas production and oil for REEVES, MARTHA, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 69,092 mcf in the 12 months through Jul 2026, against 71,295 mcf in the 12 months before.Last 12 months: 69,092 mcfmcf per monthbbl per month002,000254,000506,000758,00010010k125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 3% over the last 12 monthsMonthly gas production and oil for REEVES, MARTHA, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 69,092 mcf in the 12 months through Jul 2026, against 71,295 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000254,000506,000758,00010010k125Jan 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
42-367-351746HActive

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 gasBuys100Oct 26, 2011Nov 1, 2023

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

288.70 acres on the newest permit

Permits for Reeves, Martha
API numberWell no.Acreson the permit
42-367-351746H288.70

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

Estimate your royalty

36 months, newest first

Ledger for REEVES, MARTHA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations1205,6745,6740$80.46$2.89
Jun 2026Formentera Operations1305,5845,5840$84.81$3.15
May 2026Formentera Operations1705,7975,7970$102.13$2.94
Apr 2026Formentera Operations1305,7465,7460$100.32$2.77
Mar 2026Formentera Operations1205,9345,9340$91.38$3.04
Feb 2026Formentera Operations35605,2875,2870$64.51$3.62
Jan 2026Formentera Operations1285,6045,6040$60.04$7.72
Dec 2025Formentera Operations4305,8195,8190$57.97$4.26
Nov 2025Javelin Energy005,6665,6660$60.06$3.79
Oct 2025Javelin Energy005,9255,9250$60.89$3.19
Sep 2025Javelin Energy44485,8775,8770$63.96$2.97
Aug 2025Javelin Energy006,1796,1790$64.86$2.91
Jul 2025Javelin Energy006,0356,0350$68.39$3.20
Jun 2025Javelin Energy46385,9425,9420$68.17$3.02
May 2025Javelin Energy005,8575,8570$62.17$3.12
Apr 2025Javelin Energy005,7595,7590$63.54$3.42
Mar 2025Javelin Energy1211125,8245,8240$68.24$4.12
Feb 2025Javelin Energy005,1205,1200$71.53$4.19
Jan 2025Javelin Energy25286,3276,3270$75.74$4.13
Dec 2024Javelin Energy006,3686,3680$70.12$3.01
Nov 2024Javelin Energy005,9715,9710$69.95$2.12
Oct 2024Javelin Energy19206,0096,0090$71.99$2.20
Sep 2024Javelin Energy006,1426,1420$70.24$2.28
Aug 2024Javelin Energy5465,9415,9410$76.68$1.99
Jul 2024Javelin Energy26185,8235,8230$81.80$2.07
Jun 2024Javelin Energy3105,2215,2210$79.77$2.54
May 2024Javelin Energy005,2785,2780$80.02$2.12
Apr 2024Javelin Energy004,8714,8710$85.35$1.60
Mar 2024Javelin Energy94955,3135,3130$81.28$1.49
Feb 2024Javelin Energy004,9564,9560$77.25$1.72
Jan 2024Javelin Energy005,2085,2080$74.15$3.18
Dec 2023Javelin Energy005,5785,5780$71.90$2.52
Nov 2023Javelin Energy78855,2325,2320$77.69$2.71
Oct 2023Javelin Energy005,4915,4910$85.64$2.98
Sep 2023Javelin Energy005,3275,3270$89.43$2.64
Aug 2023Javelin Energy005,6305,6300$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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Nearby

Formentera Operations LLC in Parker County

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Newark, East (Barnett Shale) field

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