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 228482District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.6 M
Apr 2007 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
230
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
CondensateDisposition117 bbl$7,968
GasProduction1,252,140 Mcf$6,610,503
Total$6,618,471

Every month this lease reported (230)

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

230 months

May 202601,892106.413.05$5,763
Apr 202601,68698.932.87$4,838
Mar 202601,55489.753.15$4,894
Feb 2026094963.503.75$3,559
Jan 2026054359.138.00$4,343
Dec 202551,31056.664.41$6,065
Nov 2025102,09858.593.93$8,824
Oct 202502,03659.383.30$6,729
Sep 202552,49662.743.08$7,994
Aug 202522,63963.933.01$8,084
Jul 202571,12366.743.32$4,190
Jun 202541,31666.483.13$4,383
May 202581,44260.553.23$5,145
Apr 202521,50162.363.54$5,443
Mar 2025784267.704.27$4,068
Feb 2025718970.884.34$1,317
Jan 2025537374.324.28$1,968
Dec 20241373868.993.12$3,200
Nov 2024785469.052.20$2,361
Oct 202401,29671.372.28$2,957
Sep 202461,50869.612.36$3,983
Aug 202472,03875.632.06$4,735
Jul 2024079679.932.15$1,709
Jun 2024648478.082.63$1,743
May 2024093978.812.20$2,064
Apr 202401,35784.451.66$2,252
Mar 202401,80680.301.55$2,791
Feb 202401,16076.091.78$2,069
Jan 2024066873.023.30$2,203
Dec 2023595571.262.61$2,850
Nov 2023080477.892.81$2,257
Oct 2023011385.443.09$349
Sep 202301,20189.042.74$3,285
Aug 202351,39880.522.67$4,139
Jul 2023084074.852.64$2,219
Jun 202331,87268.962.26$4,435
May 202331,88870.622.23$4,417
Apr 202301,89078.122.24$4,229
Mar 202301,80572.852.39$4,320
Feb 2023098275.112.47$2,421
Jan 2023034076.533.39$1,152
Dec 202201,51576.415.73$8,680
Nov 202201,55685.005.65$8,785
Oct 202201,88887.185.86$11,071
Sep 202201,95884.888.16$15,984
Aug 202202,38394.529.13$21,750
Jul 202202,418101.587.54$18,237
Jun 202202,161115.097.98$17,239
May 202202,894109.378.43$24,405
Apr 202202,373104.226.84$16,226
Mar 202202,662108.885.08$13,513
Feb 202201,84991.054.86$8,984
Jan 202202,31981.844.54$10,523
Dec 202102,57671.323.90$10,044
Nov 202102,36077.435.24$12,359
Oct 202102,33079.795.71$13,313
Sep 202102,92169.865.35$15,630
Aug 202103,00866.024.22$12,696
Jul 202104,84070.783.98$19,273
Jun 202105,84069.493.38$19,743
May 202103,10563.483.02$9,370
Apr 202102,43960.362.76$6,728
Mar 202102,55261.302.72$6,934
Feb 2021042457.805.55$2,352
Jan 202102,76450.412.81$7,768
Dec 202002,84344.642.68$7,606
Nov 202003,15538.772.71$8,539
Oct 202003,29136.972.48$8,157
Sep 202003,39037.091.99$6,750
Aug 202002,52339.982.39$6,018
Jul 202003,98338.371.83$7,269
Jun 202005,02834.901.69$8,499
May 202005,91116.921.81$10,727
Apr 202005,15614.751.80$9,303
Mar 202003,66130.341.86$6,796
Feb 202002,94549.881.98$5,833
Jan 202002,09857.252.09$4,395
Dec 201902,27559.012.30$5,242
Nov 201902,80855.302.75$7,724
Oct 201903,38253.472.42$8,180
Sep 201903,63955.052.66$9,670
Aug 201904,17753.112.30$9,625
Jul 201904,94256.272.46$12,158
Jun 201902,30552.782.49$5,742
May 201903,97758.482.74$10,898
Apr 201903,93262.632.75$10,816
Mar 201904,77756.803.06$14,628
Feb 201904,73450.852.79$13,218
Jan 201904,74646.033.23$15,321
Dec 201803,41246.594.19$14,281
Nov 201803,28352.934.24$13,911
Oct 201804,25961.443.40$14,472
Sep 201804,02359.543.11$12,503
Aug 201807,82159.403.07$23,984
Jul 201805,39965.142.93$15,829
Jun 201801,47160.183.08$4,526
May 201803,95565.382.90$11,473
Apr 201802,90463.842.90$8,424
Mar 201804,91061.222.79$13,683
Feb 201804,69961.782.77$12,998
Jan 201804,48662.874.01$17,986
Dec 201705,27457.272.92$15,408
Nov 201705,11355.423.12$15,944
Oct 201704,85649.292.98$14,489
Sep 2017091447.523.09$2,822
Aug 201704,04445.373.00$12,150
Jul 201705,73043.873.09$17,690
Jun 201706,21342.493.09$19,181
May 201705,84745.373.26$19,081
Apr 201704,64847.933.21$14,928
Mar 201708,65546.772.98$25,824
Feb 201708,04750.452.95$23,760
Jan 201706,44749.413.42$22,041
Dec 201605,77448.763.72$21,496
Nov 201607,81042.492.64$20,652
Oct 201608,65946.193.09$26,759
Sep 201609,20141.553.10$28,529
Aug 201609,62241.442.92$28,138
Jul 201608,55041.622.92$25,003
Jun 201609,78645.352.69$26,284
May 201608,85642.521.99$17,633
Apr 201609,70836.561.99$19,329
Mar 201609,98433.011.79$17,911
Feb 201609,29726.472.06$19,186
Jan 201607,11427.352.36$16,820
Dec 2015010,48232.362.00$20,979
Nov 2015011,67738.792.17$25,308
Oct 2015012,45843.552.43$30,230
Sep 201509,67042.992.76$26,674
Aug 201508,81140.162.87$25,310
Jul 2015010,61148.152.95$31,250
Jun 2015010,65056.152.88$30,702
May 2015013,03855.212.96$38,533
Apr 2015014,10449.822.71$38,173
Mar 2015015,23542.892.93$44,710
Feb 2015014,67044.662.98$43,661
Jan 201508,54743.433.10$26,501
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201406,08378.303.90$23,730
Sep 201403,62986.164.05$14,681
Aug 2014011489.394.04$460
Jul 201404,49096.564.18$18,766
Jun 201408,26698.164.74$39,155
May 2014018,17894.734.73$85,919
Apr 2014023,12295.944.81$111,196
Mar 201405,81695.895.06$29,410
Feb 2014014,14997.406.19$87,611
Jan 201409,62190.404.86$46,765
Dec 201302291.824.35$96
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130994.834.15$37
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201203386.953.62$120
Oct 201204,15789.383.40$14,132
Sep 201204,40194.672.92$12,844
Aug 201204,64992.662.91$13,520
Jul 201204,86685.133.02$14,699
Jun 201201,87779.822.52$4,728
May 201202,58091.612.49$6,420
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011025683.623.99$1,020
Aug 2011031283.404.15$1,295
Jul 201106994.144.52$312
Jun 2011014992.904.64$691
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201002073.684.42$88
Jul 201003972.554.74$185
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009012,37974.593.75$46,440
Oct 200901,25072.544.11$5,138
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009044546.773.59$1,596
Mar 2009019542.144.06$792
Feb 200901,02432.814.63$4,744
Jan 20090235.865.37$11
Dec 200809,67837.105.98$57,847
Nov 2008018,00755.496.86$123,535
Oct 2008019,53275.246.92$135,200
Sep 2008020,085101.767.88$158,211
Aug 2008021,011114.228.48$178,237
Jul 2008022,964131.0811.39$261,547
Jun 2008025,785131.3313.03$336,046
May 2008022,595123.1711.57$261,521
Apr 200800110.3110.45$0
Mar 2008027,125101.909.66$262,138
Feb 2008011,80492.538.77$103,528
Jan 2008017,29890.388.21$141,943
Dec 2007035,79888.337.30$261,396
Nov 2007039,62791.677.29$288,948
Oct 2007047,36882.856.92$327,880
Sep 2007045,75575.846.24$285,702
Aug 2007052,46669.066.39$335,150
Jul 2007076,47870.906.39$488,537
Jun 2007043,28762.007.55$326,750
May 20070058.747.85$0
Apr 200701759.617.81$133

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                1,892 Mcf  × $  3.05 =     $5,763

────────────────────────────────────────────────────
Month total                                   $5,763

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/228482 is the state's own key, not one this site invented.