CRAWFORD

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 261646District 09Field 65280200GasSaveExport
Value, all time
$9.3 M
May 2011 – May 2026
Value, last 12 filed months
$222 k
at the published price for each month
Months reported
181
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
GasProduction2,706,454 Mcf$9,269,017
Total$9,269,017

Every month this lease reported (181)

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

181 months

May 20264,831106.413.05$14,714
Apr 20264,86098.932.87$13,947
Mar 20264,89489.753.15$15,413
Feb 20264,46663.503.75$16,749
Jan 20265,02859.138.00$40,214
Dec 20254,84956.664.41$21,400
Nov 20255,09358.593.93$19,997
Oct 20255,32159.383.30$17,585
Sep 20255,05062.743.08$15,538
Aug 20254,96963.933.01$14,980
Jul 20254,85066.743.32$16,079
Jun 20254,77466.483.13$14,937
May 20255,26860.553.23$17,028
Apr 20255,27762.363.54$18,697
Mar 20255,75867.704.27$24,577
Feb 20255,24870.884.34$22,781
Jan 20255,56574.324.28$23,811
Dec 20245,68268.993.12$17,736
Nov 20245,72769.052.20$12,590
Oct 20245,48271.372.28$12,507
Sep 20245,77369.612.36$13,649
Aug 20245,85875.632.06$12,089
Jul 20245,53179.932.15$11,873
Jun 20245,93178.082.63$15,622
May 20246,49378.812.20$14,274
Apr 20246,27784.451.66$10,415
Mar 20246,09080.301.55$9,410
Feb 20245,91276.091.78$10,545
Jan 20246,64473.023.30$21,910
Dec 20236,75871.262.61$17,643
Nov 20236,31077.892.81$17,716
Oct 20236,47285.443.09$19,981
Sep 20236,27089.042.74$17,149
Aug 20236,40380.522.67$17,114
Jul 20236,49374.852.64$17,153
Jun 20235,88668.962.26$13,293
May 20236,71170.622.23$14,948
Apr 20236,57078.122.24$14,702
Mar 20236,81772.852.39$16,314
Feb 20236,28275.112.47$15,489
Jan 20237,04676.533.39$23,870
Dec 20226,95776.415.73$39,857
Nov 20226,85085.005.65$38,676
Oct 20226,98787.185.86$40,970
Sep 20226,77084.888.16$55,268
Aug 20227,12494.529.13$65,022
Jul 20227,143101.587.54$53,873
Jun 20227,117115.097.98$56,774
May 20227,538109.378.43$63,568
Apr 20227,413104.226.84$50,687
Mar 20227,732108.885.08$39,251
Feb 20227,07791.054.86$34,386
Jan 20227,96781.844.54$36,152
Dec 20218,10371.323.90$31,595
Nov 20217,29977.435.24$38,224
Oct 20217,92079.795.71$45,254
Sep 20217,69969.865.35$41,197
Aug 20218,26766.024.22$34,892
Jul 20218,50270.783.98$33,856
Jun 20218,07769.493.38$27,305
May 20218,90863.483.02$26,881
Apr 20218,64360.362.76$23,841
Mar 20218,97961.302.72$24,395
Feb 20217,41257.805.55$41,121
Jan 20219,12050.412.81$25,630
Dec 20209,20244.642.68$24,620
Nov 20208,91838.772.71$24,137
Oct 20209,31136.972.48$23,077
Sep 20209,17537.091.99$18,268
Aug 20209,43339.982.39$22,499
Jul 20209,62838.371.83$17,572
Jun 20208,62434.901.69$14,577
May 20209,47416.921.81$17,193
Apr 20209,55314.751.80$17,237
Mar 20209,52430.341.86$17,679
Feb 20209,54349.881.98$18,902
Jan 202010,41457.252.09$21,815
Dec 201910,41759.012.30$24,005
Nov 201910,15555.302.75$27,933
Oct 201910,64153.472.42$25,736
Sep 201910,38255.052.66$27,588
Aug 201910,75153.112.30$24,774
Jul 201910,87356.272.46$26,748
Jun 201910,67052.782.49$26,581
May 201911,06358.482.74$30,316
Apr 201910,97062.632.75$30,175
Mar 201911,39456.803.06$34,890
Feb 201910,38250.852.79$28,989
Jan 201911,59746.033.23$37,437
Dec 201811,63046.594.19$48,677
Nov 201811,58052.934.24$49,067
Oct 201811,66461.443.40$39,635
Sep 201811,32059.543.11$35,183
Aug 201812,15059.403.07$37,259
Jul 201812,15265.142.93$35,628
Jun 201811,98760.183.08$36,883
May 201812,18865.382.90$35,355
Apr 201812,05563.842.90$34,969
Mar 201812,52061.222.79$34,891
Feb 201811,45361.782.77$31,680
Jan 201813,01962.874.01$52,197
Dec 201713,25457.272.92$38,722
Nov 201712,95755.423.12$40,405
Oct 201713,58149.292.98$40,521
Sep 201713,37047.523.09$41,277
Aug 201714,16645.373.00$42,560
Jul 201714,26043.873.09$44,025
Jun 201713,67442.493.09$42,215
May 201714,64945.373.26$47,806
Apr 201714,24947.933.21$45,762
Mar 201714,95946.772.98$44,633
Feb 201713,71350.452.95$40,489
Jan 201715,51249.413.42$53,032
Dec 201615,63148.763.72$58,192
Nov 201615,23542.492.64$40,287
Oct 201616,42846.193.09$50,767
Sep 201614,05941.553.10$43,592
Aug 201615,66441.442.92$45,807
Jul 201615,64841.622.92$45,760
Jun 201615,13345.352.69$40,645
May 201616,11542.521.99$32,086
Apr 201615,59436.561.99$31,048
Mar 201616,43433.011.79$29,483
Feb 201615,53626.472.06$32,061
Jan 201616,73227.352.36$39,560
Dec 201516,78332.362.00$33,590
Nov 201516,30638.792.17$35,340
Oct 201517,21943.552.43$41,783
Sep 201516,66742.992.76$45,975
Aug 201517,45140.162.87$50,128
Jul 201517,94748.152.95$52,855
Jun 201517,51756.152.88$50,499
May 201518,21455.212.96$53,831
Apr 201518,01249.822.71$48,751
Mar 201518,82942.892.93$55,258
Feb 201517,44844.662.98$51,929
Jan 201519,63143.433.10$60,868
Dec 201419,96754.693.59$71,709
Nov 201419,07670.464.25$81,108
Oct 201420,64378.303.90$80,528
Sep 201419,47186.164.05$78,769
Aug 201420,78689.394.04$83,874
Jul 201421,05696.564.18$88,006
Jun 201420,50998.164.74$97,149
May 201421,67294.734.73$102,434
Apr 201421,24495.944.81$102,165
Mar 201421,14895.895.06$106,941
Feb 201418,96497.406.19$117,425
Jan 201421,21090.404.86$103,096
Dec 201321,90291.824.35$95,372
Nov 201322,03888.853.74$82,384
Oct 201322,81097.423.78$86,207
Sep 201321,428104.113.72$79,664
Aug 201322,368104.253.52$78,794
Jul 201323,073102.523.72$85,779
Jun 201322,95794.403.93$90,299
May 201323,18294.834.15$96,184
Apr 201324,22593.964.28$103,746
Mar 201324,69393.623.91$96,621
Feb 201322,82491.233.42$78,056
Jan 201325,68191.603.42$87,827
Dec 201226,68386.773.42$91,260
Nov 201226,51086.953.62$96,098
Oct 201228,15589.383.40$95,718
Sep 201228,50794.672.92$83,195
Aug 201229,49492.662.91$85,773
Jul 201230,58085.133.02$92,376
Jun 201231,13579.822.52$78,430
May 201233,55491.612.49$83,493
Apr 201233,922101.652.00$67,735
Mar 201236,259105.052.22$80,570
Feb 201236,451101.102.57$93,688
Jan 201241,08798.092.73$112,335
Dec 201143,67796.873.24$141,502
Nov 201145,06595.723.31$149,223
Oct 201149,41684.983.65$180,296
Sep 201151,79083.623.99$206,425
Aug 201157,09183.404.15$236,889
Jul 201161,17194.144.52$276,324
Jun 201165,09392.904.64$302,024
May 201152,37598.134.40$230,702

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                4,831 Mcf  × $  3.05 =    $14,714

────────────────────────────────────────────────────
Month total                                  $14,714

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/261646 is the state's own key, not one this site invented.