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 252702District 09Field 65280200GasSaveExport
Value, all time
$6.4 M
Jun 2009 – May 2026
Value, last 12 filed months
$0
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
GasProduction1,696,268 Mcf$6,413,640
Total$6,413,640

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025667.704.27$26
Feb 20258970.884.34$386
Jan 20257374.324.28$312
Dec 202421568.993.12$671
Nov 202425969.052.20$569
Oct 202427171.372.28$618
Sep 202421869.612.36$515
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 202433578.082.63$882
May 20241,81078.812.20$3,979
Apr 20242,14784.451.66$3,562
Mar 20242,24180.301.55$3,463
Feb 20242,02176.091.78$3,605
Jan 20242,45673.023.30$8,099
Dec 20232,79971.262.61$7,307
Nov 20232,69877.892.81$7,575
Oct 20232,78785.443.09$8,604
Sep 20232,47189.042.74$6,758
Aug 20233,35680.522.67$8,970
Jul 20233,15274.852.64$8,327
Jun 20233,03468.962.26$6,852
May 20233,06470.622.23$6,825
Apr 20232,91478.122.24$6,521
Mar 20233,06872.852.39$7,342
Feb 20233,27275.112.47$8,068
Jan 20233,46576.533.39$11,738
Dec 20223,29176.415.73$18,854
Nov 20222,61485.005.65$14,759
Oct 20223,36087.185.86$19,702
Sep 20223,31284.888.16$27,038
Aug 20223,45894.529.13$31,562
Jul 20223,536101.587.54$26,669
Jun 20223,134115.097.98$25,001
May 20223,983109.378.43$33,589
Apr 20223,660104.226.84$25,026
Mar 20223,744108.885.08$19,006
Feb 20223,13391.054.86$15,223
Jan 20223,95781.844.54$17,956
Dec 20214,03171.323.90$15,717
Nov 20213,83377.435.24$20,073
Oct 20213,43179.795.71$19,604
Sep 20212,97869.865.35$15,935
Aug 20212,93566.024.22$12,387
Jul 20213,20570.783.98$12,763
Jun 20213,21169.493.38$10,855
May 20213,76263.483.02$11,352
Apr 20214,15460.362.76$11,458
Mar 20214,35761.302.72$11,838
Feb 20213,69157.805.55$20,477
Jan 20214,60850.412.81$12,950
Dec 20204,71044.642.68$12,601
Nov 20204,41138.772.71$11,939
Oct 20204,55336.972.48$11,284
Sep 20204,51537.091.99$8,990
Aug 20204,19939.982.39$10,015
Jul 20203,49738.371.83$6,382
Jun 20202,99634.901.69$5,064
May 20203,37816.921.81$6,130
Apr 20203,81114.751.80$6,876
Mar 20203,38030.341.86$6,274
Feb 20202,33749.881.98$4,629
Jan 20202,80857.252.09$5,882
Dec 20193,69259.012.30$8,508
Nov 20193,49655.302.75$9,616
Oct 20193,76553.472.42$9,106
Sep 20193,82955.052.66$10,175
Aug 20194,00653.112.30$9,231
Jul 20194,05956.272.46$9,985
Jun 20194,01852.782.49$10,010
May 20194,17858.482.74$11,449
Apr 20194,45562.632.75$12,254
Mar 20195,26456.803.06$16,119
Feb 20195,60050.852.79$15,636
Jan 20195,46546.033.23$17,642
Dec 20186,03946.594.19$25,276
Nov 20186,14152.934.24$26,021
Oct 20186,18561.443.40$21,017
Sep 20186,33659.543.11$19,692
Aug 20186,47059.403.07$19,841
Jul 20186,23165.142.93$18,269
Jun 20184,61760.183.08$14,206
May 20184,93765.382.90$14,321
Apr 20184,82863.842.90$14,005
Mar 20184,95061.222.79$13,795
Feb 20184,77561.782.77$13,208
Jan 20185,01562.874.01$20,107
Dec 20175,29457.272.92$15,467
Nov 20175,24555.423.12$16,356
Oct 20175,43449.292.98$16,213
Sep 20175,45447.523.09$16,838
Aug 20175,87945.373.00$17,663
Jul 20176,09443.873.09$18,814
Jun 20176,06842.493.09$18,734
May 20176,65845.373.26$21,728
Apr 20176,48547.933.21$20,827
Mar 20176,80446.772.98$20,301
Feb 20176,05950.452.95$17,890
Jan 20176,76949.413.42$23,142
Dec 20166,92948.763.72$25,795
Nov 20166,44742.492.64$17,048
Oct 20166,99346.193.09$21,610
Sep 20166,84941.553.10$21,236
Aug 20166,96541.442.92$20,368
Jul 20167,10941.622.92$20,789
Jun 20166,85645.352.69$18,414
May 20167,22042.521.99$14,375
Apr 20167,26636.561.99$14,467
Mar 20167,57733.011.79$13,593
Feb 20166,92926.472.06$14,299
Jan 20167,35427.352.36$17,388
Dec 20157,33732.362.00$14,684
Nov 20157,38438.792.17$16,004
Oct 20157,87343.552.43$19,104
Sep 20157,60542.992.76$20,978
Aug 20157,92340.162.87$22,759
Jul 20158,12748.152.95$23,935
Jun 20158,06656.152.88$23,253
May 20158,35055.212.96$24,678
Apr 20158,07549.822.71$21,856
Mar 20158,48542.892.93$24,901
Feb 20157,76844.662.98$23,119
Jan 20158,79543.433.10$27,270
Dec 20149,02454.693.59$32,408
Nov 20148,70770.464.25$37,021
Oct 20148,82878.303.90$34,438
Sep 20148,73686.164.05$35,341
Aug 20148,96589.394.04$36,175
Jul 20149,27196.564.18$38,749
Jun 20149,36698.164.74$44,366
May 20149,76894.734.73$46,169
Apr 20149,36495.944.81$45,033
Mar 20149,35095.895.06$47,281
Feb 20147,89397.406.19$48,873
Jan 20149,56190.404.86$46,473
Dec 201310,22191.824.35$44,507
Nov 20139,42388.853.74$35,226
Oct 201310,23197.423.78$38,667
Sep 20139,215104.113.72$34,259
Aug 20139,992104.253.52$35,198
Jul 201310,393102.523.72$38,638
Jun 201310,29894.403.93$40,506
May 201310,99694.834.15$45,623
Apr 201310,83293.964.28$46,389
Mar 201311,70493.623.91$45,796
Feb 201310,70891.233.42$36,620
Jan 201312,05391.603.42$41,220
Dec 201212,05186.773.42$41,216
Nov 201211,11786.953.62$40,299
Oct 201211,73289.383.40$39,885
Sep 201211,26694.672.92$32,879
Aug 201211,56692.662.91$33,636
Jul 201211,75885.133.02$35,519
Jun 201211,81379.822.52$29,757
May 201213,13691.612.49$32,687
Apr 201212,750101.652.00$25,459
Mar 201213,107105.052.22$29,125
Feb 201213,834101.102.57$35,557
Jan 201214,20198.092.73$38,827
Dec 201115,44196.873.24$50,025
Nov 201115,96895.723.31$52,875
Oct 201114,90284.983.65$54,371
Sep 201116,58083.623.99$66,085
Aug 201116,06083.404.15$66,638
Jul 201117,21794.144.52$77,773
Jun 201116,94992.904.64$78,641
May 201117,16098.134.40$75,587
Apr 201114,571105.964.33$63,140
Mar 201116,35996.364.06$66,374
Feb 201113,86985.644.18$57,972
Jan 201114,92586.504.59$68,488
Dec 201015,64385.734.35$68,012
Nov 201014,54480.843.80$55,199
Oct 201011,15378.103.51$39,135
Sep 201020,10172.633.98$79,991
Aug 201021,90673.684.42$96,811
Jul 201024,95472.554.74$118,194
Jun 201025,85670.364.91$126,963
May 201029,21071.124.24$123,711
Apr 201030,03181.694.12$123,809
Mar 201033,14178.394.39$145,445
Feb 201034,38073.585.44$187,108
Jan 201044,52474.365.96$265,545
Dec 200950,30571.445.48$275,860
Nov 200950,90874.593.75$190,981
Oct 200932,13872.544.11$132,095
Sep 20091565.543.06$46
Aug 200918,56267.423.22$59,742
Jul 200969,13161.133.46$239,504
Jun 200947,46566.163.90$184,876

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 2025 — as filed, then multipliedworked
Gas                    6 Mcf  × $  4.27 =        $26

────────────────────────────────────────────────────
Month total                                      $26

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/252702 is the state's own key, not one this site invented.