GROGAN-BARBEE

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 227424District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Feb 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition5,625 bbl$421,211
GasProduction604,457 Mcf$3,217,756
Total$3,638,968

Every month this lease reported (232)

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

232 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026081889.753.15$2,576
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250259.383.30$7
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025050866.743.32$1,684
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250367.704.27$13
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024038569.052.20$846
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202407179.932.15$152
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023028078.122.24$627
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220387.185.86$18
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022300104.226.84$3,127
Mar 202207108.885.08$36
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021089471.323.90$3,486
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021061369.865.35$3,280
Aug 20210466.024.22$17
Jul 20210470.783.98$16
Jun 2021020269.493.38$683
May 20210063.483.02$0
Apr 20210760.362.76$19
Mar 2021040061.302.72$1,087
Feb 20210057.805.55$0
Jan 20210550.412.81$14
Dec 202009944.642.68$265
Nov 202001338.772.71$35
Oct 2020034036.972.48$843
Sep 202001237.091.99$24
Aug 2020012339.982.39$293
Jul 2020012638.371.83$230
Jun 20200534.901.69$8
May 202009416.921.81$171
Apr 2020083314.751.80$1,503
Mar 2020421,29330.341.86$3,674
Feb 2020080849.881.98$1,600
Jan 202001,02857.252.09$2,153
Dec 201901,16159.012.30$2,675
Nov 2019045855.302.75$1,260
Oct 2019081253.472.42$1,964
Sep 201901,58655.052.66$4,214
Aug 201902,31353.112.30$5,330
Jul 2019222,23256.272.46$6,729
Jun 201902,29952.782.49$5,727
May 201902,23358.482.74$6,119
Apr 2019045362.632.75$1,246
Mar 2019061756.803.06$1,889
Feb 2019045150.852.79$1,259
Jan 20190646.033.23$19
Dec 2018083846.594.19$3,507
Nov 201801,41552.934.24$5,996
Oct 201801,43961.443.40$4,890
Sep 201801,46159.543.11$4,541
Aug 201801,84359.403.07$5,652
Jul 201801,86265.142.93$5,459
Jun 2018401,76460.183.08$7,835
May 201801,99265.382.90$5,778
Apr 201802,34263.842.90$6,794
Mar 201802,32561.222.79$6,479
Feb 2018081661.782.77$2,257
Jan 201802,49262.874.01$9,991
Dec 201701,74057.272.92$5,083
Nov 201702,48955.423.12$7,762
Oct 201701549.292.98$45
Sep 2017033947.523.09$1,047
Aug 201702,26345.373.00$6,799
Jul 201702,65743.873.09$8,203
Jun 201703842.493.09$117
May 2017067745.373.26$2,209
Apr 2017063347.933.21$2,033
Mar 20170046.772.98$0
Feb 201708650.452.95$254
Jan 2017068349.413.42$2,335
Dec 20160048.763.72$0
Nov 2016032642.492.64$862
Oct 2016015046.193.09$464
Sep 2016111041.553.10$4,612
Aug 2016090041.442.92$2,632
Jul 201601,97741.622.92$5,781
Jun 201604,19145.352.69$11,256
May 201601,83542.521.99$3,654
Apr 201603,10136.561.99$6,174
Mar 201602,67233.011.79$4,794
Feb 201602,68026.472.06$5,531
Jan 201603,02727.352.36$7,157
Dec 201503,11732.362.00$6,238
Nov 201504,51138.792.17$9,777
Oct 201504,36043.552.43$10,580
Sep 201503,09242.992.76$8,529
Aug 201502,60540.162.87$7,483
Jul 201503,17448.152.95$9,348
Jun 201503,44256.152.88$9,923
May 201502,68855.212.96$7,944
Apr 201502,32349.822.71$6,287
Mar 201502,89242.892.93$8,487
Feb 201502,56244.662.98$7,625
Jan 20151502,21943.433.10$13,395
Dec 201402,11454.693.59$7,592
Nov 201402,23970.464.25$9,520
Oct 201401,78478.303.90$6,959
Sep 201402,18386.164.05$8,831
Aug 201402,55289.394.04$10,298
Jul 201403,26496.564.18$13,642
Jun 201402,35498.164.74$11,151
May 201402,46194.734.73$11,632
Apr 201403,37695.944.81$16,236
Mar 201404,61295.895.06$23,322
Feb 201404,00997.406.19$24,824
Jan 201403,69390.404.86$17,951
Dec 201303,62791.824.35$15,794
Nov 20131871,79888.853.74$23,336
Oct 201304,20397.423.78$15,885
Sep 201303,508104.113.72$13,042
Aug 201304,897104.253.52$17,250
Jul 201304,127102.523.72$15,343
Jun 201304,06594.403.93$15,989
May 20131344,19994.834.15$30,129
Apr 201302,76993.964.28$11,858
Mar 2013412,73593.623.91$14,540
Feb 201302,64791.233.42$9,053
Jan 201303,87191.603.42$13,238
Dec 201202,33486.773.42$7,983
Nov 201203,47186.953.62$12,582
Oct 201203,50489.383.40$11,912
Sep 201203,69194.672.92$10,772
Aug 201204,84992.662.91$14,102
Jul 201205,47185.133.02$16,527
Jun 201203,29179.822.52$8,290
May 201204,58191.612.49$11,399
Apr 201204,530101.652.00$9,046
Mar 201204,613105.052.22$10,250
Feb 20121884,107101.102.57$29,563
Jan 201203,95598.092.73$10,813
Dec 201103,36296.873.24$10,892
Nov 201102,86295.723.31$9,477
Oct 201103,60784.983.65$13,160
Sep 201103,49583.623.99$13,930
Aug 201103,14383.404.15$13,041
Jul 201103,59394.144.52$16,230
Jun 201103,08092.904.64$14,291
May 2011084698.134.40$3,726
Apr 201102,341105.964.33$10,144
Mar 20110196.364.06$4
Feb 2011020285.644.18$844
Jan 201101,32686.504.59$6,085
Dec 201001,42385.734.35$6,187
Nov 201001,73780.843.80$6,592
Oct 201003,88878.103.51$13,643
Sep 20101853,86972.633.98$28,833
Aug 201004,07173.684.42$17,991
Jul 201004,11872.554.74$19,505
Jun 201004,11970.364.91$20,226
May 201004,28771.124.24$18,156
Apr 201004,17781.694.12$17,220
Mar 201004,22778.394.39$18,551
Feb 201003,66273.585.44$19,930
Jan 20102024,39474.365.96$41,227
Dec 200904,12871.445.48$22,637
Nov 200904,06274.593.75$15,239
Oct 200904,28672.544.11$17,617
Sep 200904,18265.543.06$12,817
Aug 20091794,48367.423.22$26,497
Jul 200904,22461.133.46$14,634
Jun 200903,71166.163.90$14,454
May 200904,70654.743.93$18,475
Apr 200904,05246.773.59$14,537
Mar 20091885,62642.144.06$30,758
Feb 200904,81432.814.63$22,303
Jan 200905,10335.865.37$27,408
Dec 200805,13537.105.98$30,693
Nov 20081915,95955.496.86$51,479
Oct 200806,68675.246.92$46,280
Sep 200806,667101.767.88$52,517
Aug 20081917,007114.228.48$81,257
Jul 200807,095131.0811.39$80,808
Jun 20081577,058131.3313.03$112,603
May 200807,528123.1711.57$87,131
Apr 20083779,089110.3110.45$136,611
Mar 200809,640101.909.66$93,162
Feb 20081969,41492.538.77$100,702
Jan 20081957,87690.388.21$82,252
Dec 200708,47888.337.30$61,906
Nov 20071879,44791.677.29$86,027
Oct 200706,05682.856.92$41,920
Sep 200737010,51775.846.24$93,731
Aug 200719312,71769.066.39$94,564
Jul 200719414,57570.906.39$106,859
Jun 200734816,26362.007.55$144,336
May 200737218,30558.747.85$165,477
Apr 200736121,22459.617.81$187,177
Mar 200759427,33656.927.30$233,417
Feb 200706,04055.108.22$49,625

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                  818 Mcf  × $  3.15 =     $2,576

────────────────────────────────────────────────────
Month total                                   $2,576

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/227424 is the state's own key, not one this site invented.