GILL CROSSING

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 252701District 09Field 65280200GasSaveExport
Value, all time
$9.7 M
Jun 2009 – May 2026
Value, last 12 filed months
$293 k
at the published price for each month
Months reported
204
no gaps in the span
Streams
1
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
GasProduction2,598,199 Mcf$9,672,762
Total$9,672,762

Every month this lease reported (204)

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

204 months

May 20266,523106.413.05$19,868
Apr 20266,13398.932.87$17,600
Mar 20266,56789.753.15$20,682
Feb 20265,87763.503.75$22,041
Jan 20266,71159.138.00$53,674
Dec 20256,76956.664.41$29,874
Nov 20256,50158.593.93$25,526
Oct 20256,66959.383.30$22,040
Sep 20256,35362.743.08$19,548
Aug 20256,64563.933.01$20,033
Jul 20256,60966.743.32$21,910
Jun 20256,46666.483.13$20,230
May 20256,63660.553.23$21,450
Apr 20256,37162.363.54$22,573
Mar 20256,81767.704.27$29,097
Feb 20256,23170.884.34$27,048
Jan 20256,87474.324.28$29,412
Dec 20246,49868.993.12$20,283
Nov 20246,09069.052.20$13,389
Oct 20246,48971.372.28$14,804
Sep 20246,33269.612.36$14,971
Aug 20246,23175.632.06$12,858
Jul 20246,30279.932.15$13,528
Jun 20246,25378.082.63$16,470
May 20245,92278.812.20$13,019
Apr 20245,95584.451.66$9,881
Mar 20245,80180.301.55$8,963
Feb 20245,71476.091.78$10,192
Jan 20245,32773.023.30$17,567
Dec 20235,58271.262.61$14,573
Nov 20235,04877.892.81$14,173
Oct 20235,30885.443.09$16,387
Sep 20235,92789.042.74$16,211
Aug 20236,03480.522.67$16,128
Jul 20236,11174.852.64$16,144
Jun 20235,98068.962.26$13,506
May 20236,34170.622.23$14,124
Apr 20235,95378.122.24$13,321
Mar 20236,27072.852.39$15,005
Feb 20235,62775.112.47$13,874
Jan 20236,44876.533.39$21,844
Dec 20226,58576.415.73$37,726
Nov 20226,44785.005.65$36,401
Oct 20226,63787.185.86$38,918
Sep 20226,33384.888.16$51,701
Aug 20226,78694.529.13$61,937
Jul 20226,766101.587.54$51,030
Jun 20226,768115.097.98$53,990
May 20226,868109.378.43$57,918
Apr 20226,748104.226.84$46,140
Mar 20227,039108.885.08$35,733
Feb 20226,56191.054.86$31,879
Jan 20227,32081.844.54$33,216
Dec 20217,22671.323.90$28,175
Nov 20217,00377.435.24$36,674
Oct 20217,15579.795.71$40,883
Sep 20216,97969.865.35$37,344
Aug 20217,15666.024.22$30,203
Jul 20217,29070.783.98$29,029
Jun 20216,83169.493.38$23,093
May 20216,23463.483.02$18,812
Apr 20216,85660.362.76$18,912
Mar 20216,60361.302.72$17,940
Feb 20215,44957.805.55$30,231
Jan 20216,40250.412.81$17,991
Dec 20206,39244.642.68$17,102
Nov 20207,54138.772.71$20,410
Oct 20207,88836.972.48$19,550
Sep 20207,17937.091.99$14,294
Aug 20207,99939.982.39$19,078
Jul 20208,56038.371.83$15,623
Jun 20208,24734.901.69$13,940
May 20208,76216.921.81$15,901
Apr 20208,71514.751.80$15,725
Mar 20208,63230.341.86$16,023
Feb 20208,41049.881.98$16,657
Jan 20208,78857.252.09$18,409
Dec 20198,44459.012.30$19,458
Nov 20197,88855.302.75$21,698
Oct 20197,22953.472.42$17,484
Sep 20196,11955.052.66$16,260
Aug 20196,82953.112.30$15,736
Jul 20197,78356.272.46$19,147
Jun 20198,29652.782.49$20,667
May 20196,99558.482.74$19,169
Apr 20195,60462.632.75$15,415
Mar 20195,96456.803.06$18,262
Feb 20195,80850.852.79$16,217
Jan 20197,12546.033.23$23,001
Dec 20188,04246.594.19$33,659
Nov 20186,99252.934.24$29,627
Oct 20189,24661.443.40$31,419
Sep 201811,16359.543.11$34,695
Aug 20188,96859.403.07$27,501
Jul 20186,65765.142.93$19,518
Jun 20186,58160.183.08$20,249
May 20186,45965.382.90$18,736
Apr 20186,08763.842.90$17,657
Mar 20186,43461.222.79$17,931
Feb 20185,58661.782.77$15,452
Jan 20186,18962.874.01$24,814
Dec 20176,53357.272.92$19,086
Nov 20176,83455.423.12$21,311
Oct 20177,16549.292.98$21,378
Sep 20177,04747.523.09$21,756
Aug 20177,84345.373.00$23,564
Jul 20178,13043.873.09$25,100
Jun 20177,62742.493.09$23,547
May 20178,09345.373.26$26,411
Apr 20178,06347.933.21$25,895
Mar 20177,86746.772.98$23,473
Feb 20177,44850.452.95$21,991
Jan 20178,27249.413.42$28,280
Dec 20167,90448.763.72$29,425
Nov 20167,39742.492.64$19,560
Oct 20168,15946.193.09$25,213
Sep 20167,64841.553.10$23,714
Aug 20168,37141.442.92$24,480
Jul 20168,64641.622.92$25,284
Jun 20168,31045.352.69$22,319
May 20168,74742.521.99$17,416
Apr 20168,81036.561.99$17,541
Mar 20169,01233.011.79$16,168
Feb 20168,39326.472.06$17,320
Jan 20169,05727.352.36$21,414
Dec 20158,94732.362.00$17,907
Nov 20158,74238.792.17$18,947
Oct 20159,41343.552.43$22,841
Sep 20158,95042.992.76$24,688
Aug 20159,38840.162.87$26,967
Jul 20158,83348.152.95$26,014
Jun 20159,21056.152.88$26,551
May 20159,47955.212.96$28,015
Apr 20158,81449.822.71$23,856
Mar 20159,83942.892.93$28,875
Feb 20158,95044.662.98$26,637
Jan 201510,00843.433.10$31,031
Dec 201410,44354.693.59$37,505
Nov 201410,36670.464.25$44,075
Oct 201410,69478.303.90$41,717
Sep 201410,58886.164.05$42,833
Aug 201411,03189.394.04$44,511
Jul 201410,47896.564.18$43,794
Jun 201411,00698.164.74$52,134
May 201411,77594.734.73$55,655
Apr 201411,37595.944.81$54,704
Mar 201411,73695.895.06$59,347
Feb 201410,17497.406.19$62,997
Jan 201412,51490.404.86$60,827
Dec 201312,24091.824.35$53,299
Nov 201311,76488.853.74$43,977
Oct 201312,45497.423.78$47,068
Sep 201312,613104.113.72$46,892
Aug 201313,342104.253.52$46,999
Jul 201313,428102.523.72$49,922
Jun 201313,16494.403.93$51,779
May 201313,44394.834.15$55,776
Apr 201313,17893.964.28$56,436
Mar 201314,10293.623.91$55,179
Feb 201313,31691.233.42$45,540
Jan 201315,13191.603.42$51,747
Dec 201215,67686.773.42$53,614
Nov 201213,97586.953.62$50,659
Oct 201215,62489.383.40$53,117
Sep 201215,30994.672.92$44,678
Aug 201215,79792.662.91$45,940
Jul 201216,17685.133.02$48,864
Jun 201216,09179.822.52$40,534
May 201217,49591.612.49$43,533
Apr 201217,291101.652.00$34,527
Mar 201218,414105.052.22$40,917
Feb 201218,221101.102.57$46,832
Jan 201218,87998.092.73$51,617
Dec 201120,29996.873.24$65,763
Nov 201118,96295.723.31$62,788
Oct 201119,79384.983.65$72,216
Sep 201120,05383.623.99$79,927
Aug 201123,76183.404.15$98,592
Jul 201122,50894.144.52$101,674
Jun 201116,61692.904.64$77,096
May 201124,98898.134.40$110,068
Apr 201124,373105.964.33$105,615
Mar 201126,90296.364.06$109,151
Feb 201125,55485.644.18$106,815
Jan 201130,21086.504.59$138,627
Dec 201031,14685.734.35$135,415
Nov 201032,38280.843.80$122,900
Oct 201035,39478.103.51$124,194
Sep 201031,98172.633.98$127,267
Aug 201033,24573.684.42$146,922
Jul 201035,48572.554.74$168,074
Jun 201037,73370.364.91$185,284
May 201041,55071.124.24$175,973
Apr 201042,39081.694.12$174,761
Mar 201047,15978.394.39$206,965
Feb 201048,20773.585.44$262,360
Jan 201054,11574.365.96$322,747
Dec 200943,99171.445.48$241,236
Nov 200942,49174.593.75$159,405
Oct 200947,34572.544.11$194,600
Sep 200949,32065.543.06$151,153
Aug 200938,70867.423.22$124,582
Jul 200993,57761.133.46$324,198
Jun 200960,77166.163.90$236,703

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
Gas                6,523 Mcf  × $  3.05 =    $19,868

────────────────────────────────────────────────────
Month total                                  $19,868

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/252701 is the state's own key, not one this site invented.