CRABTREE, GARY

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 227637District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.0 M
Jan 2007 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
233
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
CondensateDisposition30 bbl$2,073
GasProduction2,337,572 Mcf$12,023,260
Total$12,025,333

Every month this lease reported (233)

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

233 months

May 202603,184106.413.05$9,698
Apr 202603,11398.932.87$8,933
Mar 202603,26789.753.15$10,289
Feb 202602,81863.503.75$10,568
Jan 202603,17759.138.00$25,409
Dec 202503,32456.664.41$14,670
Nov 202523,09658.593.93$12,273
Oct 202503,23359.383.30$10,685
Sep 202523,16462.743.08$9,861
Aug 202503,19763.933.01$9,638
Jul 202533,22366.743.32$10,885
Jun 202503,25366.483.13$10,178
May 202533,40260.553.23$11,178
Apr 202523,31462.363.54$11,867
Mar 202513,38867.704.27$14,529
Feb 202503,13670.884.34$13,613
Jan 202523,49574.324.28$15,103
Dec 202423,53768.993.12$11,178
Nov 202443,44869.052.20$7,856
Oct 202403,58371.372.28$8,174
Sep 202403,56769.612.36$8,434
Aug 202433,62075.632.06$7,697
Jul 202403,64179.932.15$7,816
Jun 202423,08478.082.63$8,279
May 202403,42478.812.20$7,527
Apr 202403,09084.451.66$5,127
Mar 202402,68580.301.55$4,149
Feb 202402,79076.091.78$4,976
Jan 202403,51073.023.30$11,575
Dec 202314,00071.262.61$10,514
Nov 202313,80577.892.81$10,761
Oct 202303,96985.443.09$12,253
Sep 202304,07789.042.74$11,151
Aug 202324,03680.522.67$10,949
Jul 202304,13974.852.64$10,934
Jun 202304,22868.962.26$9,549
May 202304,59470.622.23$10,233
Apr 202304,39978.122.24$9,844
Mar 202304,59772.852.39$11,001
Feb 202304,07275.112.47$10,040
Jan 202304,95676.533.39$16,790
Dec 202204,75876.415.73$27,259
Nov 202204,95385.005.65$27,966
Oct 202205,37987.185.86$31,541
Sep 202205,57884.888.16$45,537
Aug 202205,41894.529.13$49,451
Jul 202205,529101.587.54$41,700
Jun 202205,209115.097.98$41,553
May 202205,711109.378.43$48,161
Apr 202205,418104.226.84$37,046
Mar 202205,583108.885.08$28,342
Feb 202205,08491.054.86$24,702
Jan 202205,72681.844.54$25,983
Dec 202105,73371.323.90$22,354
Nov 202104,98777.435.24$26,116
Oct 202104,86879.795.71$27,815
Sep 202104,24769.865.35$22,725
Aug 202105,49066.024.22$23,171
Jul 202106,67670.783.98$26,584
Jun 202106,76469.493.38$22,867
May 202107,36963.483.02$22,237
Apr 202107,17660.362.76$19,794
Mar 202107,80661.302.72$21,208
Feb 202106,60557.805.55$36,644
Jan 202107,57950.412.81$21,299
Dec 202008,22644.642.68$22,008
Nov 202008,51538.772.71$23,046
Oct 202008,92736.972.48$22,125
Sep 202006,47637.091.99$12,894
Aug 202007939.982.39$188
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202005,33016.921.81$9,673
Apr 202006,45614.751.80$11,649
Mar 202006,53830.341.86$12,136
Feb 202005,20249.881.98$10,303
Jan 202006,36757.252.09$13,337
Dec 201905,23859.012.30$12,070
Nov 201908,11855.302.75$22,330
Oct 201908,84453.472.42$21,390
Sep 201907,15055.052.66$19,000
Aug 201907,94853.112.30$18,315
Jul 201909,66556.272.46$23,776
Jun 201908,57352.782.49$21,357
May 201908,35858.482.74$22,904
Apr 2019010,33762.632.75$28,434
Mar 201909,83656.803.06$30,119
Feb 2019010,33250.852.79$28,849
Jan 2019011,55346.033.23$37,295
Dec 2018010,44046.594.19$43,696
Nov 2018011,41052.934.24$48,347
Oct 2018010,86561.443.40$36,920
Sep 201803,91859.543.11$12,177
Aug 201804,39559.403.07$13,478
Jul 201804,39465.142.93$12,883
Jun 201804,33460.183.08$13,335
May 201804,44965.382.90$12,906
Apr 201804,50563.842.90$13,068
Mar 201804,71861.222.79$13,148
Feb 201804,58761.782.77$12,688
Jan 201804,99562.874.01$20,027
Dec 201703,13257.272.92$9,150
Nov 201702,87855.423.12$8,975
Oct 201703,18649.292.98$9,506
Sep 201703,12447.523.09$9,645
Aug 201704,77845.373.00$14,355
Jul 201705,07243.873.09$15,659
Jun 201705,33542.493.09$16,471
May 201706,54045.373.26$21,343
Apr 201705,71947.933.21$18,367
Mar 201706,25846.772.98$18,672
Feb 201705,84350.452.95$17,252
Jan 201706,33349.413.42$21,651
Dec 201606,24048.763.72$23,230
Nov 201605,49442.492.64$14,528
Oct 201605,35346.193.09$16,542
Sep 201604,74941.553.10$14,725
Aug 201605,22241.442.92$15,271
Jul 201606,79941.622.92$19,883
Jun 201607,13345.352.69$19,158
May 201605,72242.521.99$11,393
Apr 201606,02236.561.99$11,990
Mar 201603,31833.011.79$5,953
Feb 201602,55026.472.06$5,262
Jan 201603,26527.352.36$7,720
Dec 201503,50632.362.00$7,017
Nov 201504,83338.792.17$10,475
Oct 201505,43443.552.43$13,186
Sep 201504,87342.992.76$13,442
Aug 201506,23040.162.87$17,896
Jul 201507,26948.152.95$21,408
Jun 201507,52856.152.88$21,702
May 201507,06355.212.96$20,874
Apr 201506,41849.822.71$17,371
Mar 201507,87842.892.93$23,120
Feb 201507,81244.662.98$23,250
Jan 201508,96643.433.10$27,800
Dec 201408,45654.693.59$30,369
Nov 201408,47370.464.25$36,026
Oct 201408,68278.303.90$33,868
Sep 201408,66086.164.05$35,034
Aug 201408,73689.394.04$35,251
Jul 201408,38496.564.18$35,042
Jun 201409,11498.164.74$43,172
May 201409,96894.734.73$47,114
Apr 201409,62595.944.81$46,288
Mar 201409,54695.895.06$48,272
Feb 201407,76597.406.19$48,081
Jan 201407,85790.404.86$38,191
Dec 201306,40491.824.35$27,886
Nov 201305,10088.853.74$19,065
Oct 201306,51497.423.78$24,619
Sep 201306,697104.113.72$24,898
Aug 201308,325104.253.52$29,326
Jul 201308,476102.523.72$31,512
Jun 201307,53294.403.93$29,626
May 201307,48394.834.15$31,048
Apr 201308,31593.964.28$35,610
Mar 201309,61093.623.91$37,603
Feb 201307,46491.233.42$25,526
Jan 201306,73791.603.42$23,040
Dec 201207,95986.773.42$27,221
Nov 2012010,49186.953.62$38,029
Oct 201208,97889.383.40$30,522
Sep 201207,99694.672.92$23,336
Aug 201207,89192.662.91$22,948
Jul 201209,14885.133.02$27,634
Jun 201209,20979.822.52$23,198
May 201209,36291.612.49$23,296
Apr 201207,454101.652.00$14,884
Mar 2012010,682105.052.22$23,736
Feb 2012010,631101.102.57$27,324
Jan 2012011,17398.092.73$30,548
Dec 2011010,66796.873.24$34,558
Nov 2011010,17095.723.31$33,676
Oct 2011011,01684.983.65$40,192
Sep 2011010,95383.623.99$43,656
Aug 2011011,69883.404.15$48,539
Jul 2011012,63394.144.52$57,066
Jun 2011012,80092.904.64$59,390
May 2011010,47098.134.40$46,118
Apr 201103,819105.964.33$16,549
Mar 201104,91596.364.06$19,942
Feb 2011011,75885.644.18$49,148
Jan 2011013,98886.504.59$64,188
Dec 2010014,75085.734.35$64,129
Nov 2010014,07180.843.80$53,404
Oct 2010014,00678.103.51$49,146
Sep 2010013,58172.633.98$54,045
Aug 2010015,41073.684.42$68,102
Jul 2010015,65872.554.74$74,164
Jun 2010015,98970.364.91$78,512
May 2010015,35871.124.24$65,045
Apr 2010015,23581.694.12$62,809
Mar 2010016,85378.394.39$73,962
Feb 2010016,23573.585.44$88,357
Jan 2010018,25374.365.96$108,863
Dec 2009018,38971.445.48$100,841
Nov 2009017,71474.593.75$66,454
Oct 2009017,53272.544.11$72,061
Sep 200907,57965.543.06$23,228
Aug 2009010,05567.423.22$32,362
Jul 2009018,45561.133.46$63,937
Jun 200904,44266.163.90$17,302
May 2009012,12954.743.93$47,615
Apr 2009014,85146.773.59$53,278
Mar 2009016,80042.144.06$68,191
Feb 2009015,26832.814.63$70,737
Jan 2009017,12735.865.37$91,989
Dec 2008017,13137.105.98$102,394
Nov 2008019,03955.496.86$130,614
Oct 2008014,56975.246.92$100,846
Sep 2008012,369101.767.88$97,432
Aug 2008016,829114.228.48$142,761
Jul 2008014,249131.0811.39$162,288
Jun 2008017,071131.3313.03$222,480
May 2008019,728123.1711.57$228,338
Apr 2008021,987110.3110.45$229,871
Mar 2008026,115101.909.66$252,377
Feb 2008024,14092.538.77$211,722
Jan 2008026,76890.388.21$219,651
Dec 2007031,16388.337.30$227,551
Nov 2007033,05291.677.29$241,005
Oct 2007036,98882.856.92$256,030
Sep 2007035,65875.846.24$222,654
Aug 2007037,76969.066.39$241,266
Jul 2007046,02670.906.39$294,011
Jun 2007040,99662.007.55$309,456
May 2007050,74858.747.85$398,183
Apr 2007056,70659.617.81$442,602
Mar 2007070,45056.927.30$514,424
Feb 2007083,07755.108.22$682,561
Jan 2007075,18650.306.73$505,765

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,184 Mcf  × $  3.05 =     $9,698

────────────────────────────────────────────────────
Month total                                   $9,698

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/227637 is the state's own key, not one this site invented.