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 231600District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
228
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
CondensateDisposition4 bbl$276
GasProduction1,454,483 Mcf$7,059,810
Total$7,060,086

Every month this lease reported (228)

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

228 months

May 202602,497106.413.05$7,605
Apr 202602,37498.932.87$6,813
Mar 202602,53689.753.15$7,987
Feb 202602,26763.503.75$8,502
Jan 202602,04759.138.00$16,372
Dec 202502,35156.664.41$10,376
Nov 202502,37658.593.93$9,329
Oct 202502,54659.383.30$8,414
Sep 202502,59062.743.08$7,969
Aug 202502,65263.933.01$7,995
Jul 202512,63866.743.32$8,812
Jun 202502,60166.483.13$8,138
May 202502,71060.553.23$8,760
Apr 202512,59962.363.54$9,271
Mar 202502,45467.704.27$10,474
Feb 202502,14370.884.34$9,302
Jan 202502,30074.324.28$9,841
Dec 202412,40768.993.12$7,582
Nov 202402,30069.052.20$5,056
Oct 202402,61871.372.28$5,973
Sep 202402,19969.612.36$5,199
Aug 202402,48775.632.06$5,132
Jul 202402,53579.932.15$5,442
Jun 202412,64178.082.63$7,034
May 202402,70178.812.20$5,938
Apr 202402,60784.451.66$4,326
Mar 202402,65880.301.55$4,107
Feb 202402,37276.091.78$4,231
Jan 202402,29173.023.30$7,555
Dec 202302,52671.262.61$6,595
Nov 202302,65577.892.81$7,454
Oct 202302,22885.443.09$6,878
Sep 202302,56389.042.74$7,010
Aug 202302,60880.522.67$6,971
Jul 202302,38974.852.64$6,311
Jun 202302,77468.962.26$6,265
May 202302,72770.622.23$6,074
Apr 202302,79478.122.24$6,252
Mar 202302,88372.852.39$6,899
Feb 202302,36075.112.47$5,819
Jan 202302,55576.533.39$8,656
Dec 202202,75476.415.73$15,778
Nov 202202,76885.005.65$15,629
Oct 202202,99587.185.86$17,562
Sep 202202,98384.888.16$24,352
Aug 202203,10594.529.13$28,340
Jul 202203,029101.587.54$22,845
Jun 202202,910115.097.98$23,214
May 202203,331109.378.43$28,090
Apr 202203,087104.226.84$21,108
Mar 202203,283108.885.08$16,666
Feb 202202,82891.054.86$13,741
Jan 202203,58481.844.54$16,263
Dec 202104,69971.323.90$18,322
Nov 202103,19677.435.24$16,737
Oct 202103,27479.795.71$18,707
Sep 202103,32669.865.35$17,797
Aug 202103,60066.024.22$15,194
Jul 202105,11070.783.98$20,348
Jun 202104,91269.493.38$16,606
May 202103,36363.483.02$10,148
Apr 202103,37760.362.76$9,315
Mar 202103,90861.302.72$10,618
Feb 202102,51657.805.55$13,959
Jan 202103,38450.412.81$9,510
Dec 202003,33544.642.68$8,923
Nov 202003,58738.772.71$9,708
Oct 202003,74936.972.48$9,292
Sep 202003,58337.091.99$7,134
Aug 202003,87739.982.39$9,247
Jul 202003,93238.371.83$7,176
Jun 202003,76234.901.69$6,359
May 202003,88416.921.81$7,048
Apr 202003,81414.751.80$6,882
Mar 202004,30430.341.86$7,989
Feb 202003,65949.881.98$7,247
Jan 202004,05157.252.09$8,486
Dec 201904,25859.012.30$9,812
Nov 201904,13955.302.75$11,385
Oct 201904,36453.472.42$10,555
Sep 201904,45555.052.66$11,838
Aug 201904,65553.112.30$10,727
Jul 201904,76556.272.46$11,722
Jun 201904,11252.782.49$10,244
May 201904,44758.482.74$12,186
Apr 201904,64062.632.75$12,763
Mar 201904,89856.803.06$14,998
Feb 201904,48750.852.79$12,529
Jan 201905,08246.033.23$16,406
Dec 201803,71346.594.19$15,541
Nov 201804,89352.934.24$20,733
Oct 201805,13861.443.40$17,459
Sep 201804,77359.543.11$14,834
Aug 201804,44059.403.07$13,616
Jul 201804,50965.142.93$13,220
Jun 201801,09960.183.08$3,382
May 201804,59165.382.90$13,318
Apr 201804,81263.842.90$13,959
Mar 201801,14161.222.79$3,180
Feb 20180061.782.77$0
Jan 201803,89162.874.01$15,600
Dec 201706,48957.272.92$18,958
Nov 201701,97955.423.12$6,171
Oct 201702,55449.292.98$7,620
Sep 201707,12747.523.09$22,003
Aug 201704,85645.373.00$14,589
Jul 201706,02943.873.09$18,613
Jun 201705,49642.493.09$16,968
May 201706,62545.373.26$21,620
Apr 201705,10647.933.21$16,398
Mar 201706,82346.772.98$20,358
Feb 201706,32450.452.95$18,672
Jan 201707,16249.413.42$24,485
Dec 201607,59248.763.72$28,264
Nov 201607,73242.492.64$20,446
Oct 201607,62146.193.09$23,551
Sep 201607,48441.553.10$23,205
Aug 201606,28341.442.92$18,374
Jul 201607,24041.622.92$21,172
Jun 201602,51945.352.69$6,766
May 201604,48242.521.99$8,924
Apr 201605,57436.561.99$11,098
Mar 201606,74233.011.79$12,095
Feb 201607,67326.472.06$15,834
Jan 201604,41327.352.36$10,434
Dec 201506,52132.362.00$13,051
Nov 201507,10138.792.17$15,390
Oct 201505,95843.552.43$14,458
Sep 201506,92942.992.76$19,113
Aug 201508,57240.162.87$24,623
Jul 201509,75448.152.95$28,726
Jun 201508,36456.152.88$24,112
May 201509,03655.212.96$26,705
Apr 201509,68449.822.71$26,210
Mar 2015010,77542.892.93$31,622
Feb 201509,00644.662.98$26,804
Jan 201506,06243.433.10$18,796
Dec 201406,53054.693.59$23,452
Nov 201406,73370.464.25$28,628
Oct 201409,85278.303.90$38,432
Sep 201407,32286.164.05$29,621
Aug 201407,30289.394.04$29,464
Jul 201409,90996.564.18$41,416
Jun 2014010,05698.164.74$47,634
May 2014010,60494.734.73$50,120
Apr 2014012,10295.944.81$58,200
Mar 201408,49295.895.06$42,942
Feb 201403,36097.406.19$20,805
Jan 201402,54990.404.86$12,390
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013012104.113.72$45
Aug 2013016104.253.52$56
Jul 20130566102.523.72$2,104
Jun 2013037094.403.93$1,455
May 20130094.834.15$0
Apr 20130293.964.28$9
Mar 201303293.623.91$125
Feb 201302,33491.233.42$7,982
Jan 201305,59491.603.42$19,131
Dec 201206,32886.773.42$21,643
Nov 201207,26186.953.62$26,321
Oct 201208,37789.383.40$28,479
Sep 201208,89494.672.92$25,956
Aug 201208,12792.662.91$23,635
Jul 201208,39285.133.02$25,351
Jun 201208,16779.822.52$20,573
May 201207,72891.612.49$19,230
Apr 201205,521101.652.00$11,024
Mar 201205,781105.052.22$12,846
Feb 201205,595101.102.57$14,380
Jan 201207,85098.092.73$21,463
Dec 201107,82396.873.24$25,344
Nov 201106,72195.723.31$22,255
Oct 201107,23884.983.65$26,408
Sep 201107,20783.623.99$28,726
Aug 201107,77983.404.15$32,278
Jul 201107,57294.144.52$34,205
Jun 201107,64392.904.64$35,463
May 201109,62698.134.40$42,401
Apr 201109,044105.964.33$39,190
Mar 2011010,11696.364.06$41,044
Feb 201109,52585.644.18$39,814
Jan 2011010,97786.504.59$50,371
Dec 2010012,06785.734.35$52,464
Nov 2010012,54380.843.80$47,605
Oct 2010012,27378.103.51$43,065
Sep 2010013,28372.633.98$52,859
Aug 2010015,61173.684.42$68,991
Jul 201003,67572.554.74$17,407
Jun 201002,91870.364.91$14,329
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201005,85678.394.39$25,700
Feb 201006,09573.585.44$33,171
Jan 201003,83574.365.96$22,872
Dec 200904,89871.445.48$26,859
Nov 200901,87174.593.75$7,019
Oct 20090072.544.11$0
Sep 20090765.543.06$21
Aug 2009053767.423.22$1,728
Jul 200902,00061.133.46$6,929
Jun 200901,28566.163.90$5,005
May 200905,55954.743.93$21,823
Apr 2009010,39146.773.59$37,278
Mar 2009012,22442.144.06$49,617
Feb 2009010,09432.814.63$46,766
Jan 2009014,34935.865.37$77,068
Dec 2008014,90637.105.98$89,095
Nov 2008014,85955.496.86$101,938
Oct 2008014,38375.246.92$99,559
Sep 2008014,058101.767.88$110,736
Aug 2008016,440114.228.48$139,461
Jul 2008017,954131.0811.39$204,486
Jun 2008018,514131.3313.03$241,286
May 2008021,927123.1711.57$253,789
Apr 200809,074110.3110.45$94,867
Mar 2008013,993101.909.66$135,229
Feb 2008014,58992.538.77$127,954
Jan 2008021,02190.388.21$172,493
Dec 2007024,59188.337.30$179,563
Nov 2007026,35091.677.29$192,136
Oct 2007030,74682.856.92$212,823
Sep 2007032,84875.846.24$205,108
Aug 2007039,98269.066.39$255,403
Jul 2007051,40170.906.39$328,347
Jun 2007046,04062.007.55$347,531

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                2,497 Mcf  × $  3.05 =     $7,605

────────────────────────────────────────────────────
Month total                                   $7,605

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/231600 is the state's own key, not one this site invented.