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 252703District 09Field 65280200GasSaveExport
Value, all time
$7.6 M
Jun 2009 – May 2026
Value, last 12 filed months
$172 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
GasProduction2,046,139 Mcf$7,554,788
Total$7,554,788

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 20263,820106.413.05$11,635
Apr 20263,63198.932.87$10,420
Mar 20263,93189.753.15$12,380
Feb 20263,61763.503.75$13,565
Jan 20263,76659.138.00$30,120
Dec 20254,02256.664.41$17,751
Nov 20253,74458.593.93$14,701
Oct 20254,11259.383.30$13,590
Sep 20253,89662.743.08$11,988
Aug 20253,91663.933.01$11,806
Jul 20253,78966.743.32$12,561
Jun 20253,74366.483.13$11,711
May 20253,50360.553.23$11,323
Apr 20254,02462.363.54$14,258
Mar 20254,10967.704.27$17,539
Feb 20253,65370.884.34$15,857
Jan 20254,27674.324.28$18,296
Dec 20244,39968.993.12$13,731
Nov 20243,89369.052.20$8,559
Oct 20244,09571.372.28$9,342
Sep 20243,87869.612.36$9,169
Aug 20243,93975.632.06$8,129
Jul 20244,06779.932.15$8,730
Jun 20243,73078.082.63$9,825
May 20243,28278.812.20$7,215
Apr 20243,11384.451.66$5,165
Mar 20243,04380.301.55$4,702
Feb 20242,87076.091.78$5,119
Jan 20242,86073.023.30$9,431
Dec 20233,03071.262.61$7,910
Nov 20232,96877.892.81$8,333
Oct 20232,98385.443.09$9,209
Sep 20232,67089.042.74$7,303
Aug 20233,02980.522.67$8,096
Jul 20232,98974.852.64$7,896
Jun 20232,65568.962.26$5,996
May 20232,78870.622.23$6,210
Apr 20233,11278.122.24$6,964
Mar 20233,25472.852.39$7,787
Feb 20232,82175.112.47$6,956
Jan 20232,65376.533.39$8,988
Dec 20222,99676.415.73$17,164
Nov 20223,53685.005.65$19,965
Oct 20223,38587.185.86$19,849
Sep 20223,43884.888.16$28,067
Aug 20223,92794.529.13$35,842
Jul 20223,935101.587.54$29,678
Jun 20223,833115.097.98$30,577
May 20223,899109.378.43$32,880
Apr 20223,747104.226.84$25,620
Mar 20223,985108.885.08$20,229
Feb 20223,63191.054.86$17,642
Jan 20224,07181.844.54$18,473
Dec 20214,01271.323.90$15,643
Nov 20214,37777.435.24$22,922
Oct 20214,50279.795.71$25,724
Sep 20213,71569.865.35$19,879
Aug 20214,13866.024.22$17,465
Jul 20214,44570.783.98$17,700
Jun 20214,20769.493.38$14,222
May 20214,31163.483.02$13,009
Apr 20214,38560.362.76$12,096
Mar 20214,71661.302.72$12,813
Feb 20213,58557.805.55$19,889
Jan 20214,40950.412.81$12,390
Dec 20204,22444.642.68$11,301
Nov 20204,36138.772.71$11,803
Oct 20204,55336.972.48$11,284
Sep 20204,57437.091.99$9,107
Aug 20204,86139.982.39$11,594
Jul 20205,01038.371.83$9,144
Jun 20204,34934.901.69$7,351
May 20205,07316.921.81$9,206
Apr 20205,18514.751.80$9,356
Mar 20205,25330.341.86$9,751
Feb 20205,09449.881.98$10,090
Jan 20205,11957.252.09$10,723
Dec 20195,89859.012.30$13,591
Nov 20195,80855.302.75$15,976
Oct 20196,01153.472.42$14,538
Sep 20195,34255.052.66$14,195
Aug 20196,19853.112.30$14,282
Jul 20195,92456.272.46$14,573
Jun 20195,58352.782.49$13,908
May 20195,40958.482.74$14,822
Apr 20196,72662.632.75$18,501
Mar 20196,84656.803.06$20,963
Feb 20196,24150.852.79$17,426
Jan 20196,70846.033.23$21,655
Dec 20187,01646.594.19$29,365
Nov 20187,55452.934.24$32,008
Oct 20188,01561.443.40$27,236
Sep 20187,96259.543.11$24,746
Aug 20188,78259.403.07$26,931
Jul 20188,94965.142.93$26,237
Jun 20188,71060.183.08$26,800
May 20187,28165.382.90$21,121
Apr 20188,98263.842.90$26,055
Mar 20189,42661.222.79$26,269
Feb 20188,18661.782.77$22,643
Jan 20188,84062.874.01$35,442
Dec 20179,18057.272.92$26,820
Nov 20178,65455.423.12$26,986
Oct 201710,14049.292.98$30,255
Sep 20179,80347.523.09$30,265
Aug 20177,30045.373.00$21,932
Jul 20177,45943.873.09$23,028
Jun 20177,13542.493.09$22,028
May 20177,67345.373.26$25,040
Apr 20177,51647.933.21$24,138
Mar 20177,85046.772.98$23,422
Feb 20177,27650.452.95$21,483
Jan 20178,02149.413.42$27,422
Dec 20168,11648.763.72$30,214
Nov 20167,75642.492.64$20,510
Oct 20167,96846.193.09$24,623
Sep 20167,91041.553.10$24,526
Aug 20168,18641.442.92$23,939
Jul 20167,98641.622.92$23,354
Jun 20167,94845.352.69$21,347
May 20168,50842.521.99$16,940
Apr 20168,24036.561.99$16,406
Mar 20168,50833.011.79$15,263
Feb 20168,07826.472.06$16,670
Jan 20168,57827.352.36$20,281
Dec 20158,78832.362.00$17,588
Nov 20158,40938.792.17$18,225
Oct 20158,87143.552.43$21,526
Sep 20158,54642.992.76$23,573
Aug 20158,75740.162.87$25,154
Jul 20158,87848.152.95$26,146
Jun 20158,66656.152.88$24,983
May 20159,14555.212.96$27,028
Apr 20158,88149.822.71$24,037
Mar 20159,06342.892.93$26,597
Feb 20158,35344.662.98$24,860
Jan 20159,48243.433.10$29,400
Dec 20149,38154.693.59$33,691
Nov 20149,26570.464.25$39,393
Oct 20149,55378.303.90$37,266
Sep 20149,28186.164.05$37,546
Aug 20149,66389.394.04$38,991
Jul 20149,94196.564.18$41,549
Jun 20149,72598.164.74$46,066
May 201410,14894.734.73$47,965
Apr 20149,99395.944.81$48,058
Mar 201410,30095.895.06$52,085
Feb 20149,74197.406.19$60,316
Jan 201410,85290.404.86$52,749
Dec 201311,10691.824.35$48,361
Nov 201310,75388.853.74$40,198
Oct 201311,30397.423.78$42,718
Sep 201310,680104.113.72$39,705
Aug 201311,383104.253.52$40,098
Jul 201311,353102.523.72$42,208
Jun 201311,43394.403.93$44,971
May 201311,89594.834.15$49,353
Apr 201311,78593.964.28$50,470
Mar 201312,41993.623.91$48,594
Feb 201311,02991.233.42$37,718
Jan 201312,27791.603.42$41,986
Dec 201212,53186.773.42$42,858
Nov 201212,80586.953.62$46,418
Oct 201212,80589.383.40$43,533
Sep 201211,72494.672.92$34,215
Aug 201212,49692.662.91$36,340
Jul 201213,06585.133.02$39,467
Jun 201213,23379.822.52$33,334
May 201213,93091.612.49$34,662
Apr 201213,792101.652.00$27,540
Mar 201214,512105.052.22$32,247
Feb 201214,256101.102.57$36,641
Jan 201215,69998.092.73$42,922
Dec 201116,27996.873.24$52,740
Nov 201116,02795.723.31$53,070
Oct 201116,41884.983.65$59,902
Sep 201117,05683.623.99$67,982
Aug 201117,86283.404.15$74,115
Jul 201118,14194.144.52$81,947
Jun 201113,51192.904.64$62,689
May 20116,41198.134.40$28,239
Apr 201115,492105.964.33$67,131
Mar 201116,95796.364.06$68,800
Feb 201116,34285.644.18$68,309
Jan 201119,85986.504.59$91,129
Dec 201021,68485.734.35$94,277
Nov 201023,12880.843.80$87,778
Oct 201024,81778.103.51$87,080
Sep 201025,13372.633.98$100,016
Aug 201027,25573.684.42$120,450
Jul 201029,15872.554.74$138,107
Jun 201029,57070.364.91$145,201
May 201032,79271.124.24$138,881
Apr 201032,49681.694.12$133,971
Mar 201035,63678.394.39$156,395
Feb 201035,80173.585.44$194,842
Jan 201046,88674.365.96$279,632
Dec 200934,22371.445.48$187,670
Nov 200934,03774.593.75$127,690
Oct 200936,90772.544.11$151,697
Sep 200932,99665.543.06$101,124
Aug 200930,11867.423.22$96,935
Jul 200976,48361.133.46$264,975
Jun 200960,01866.163.90$233,770

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                3,820 Mcf  × $  3.05 =    $11,635

────────────────────────────────────────────────────
Month total                                  $11,635

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/252703 is the state's own key, not one this site invented.