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 261674District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
May 2011 – May 2026
Value, last 12 filed months
$162 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
GasProduction1,779,204 Mcf$6,172,639
Total$6,172,639

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 20263,524106.413.05$10,734
Apr 20263,57998.932.87$10,271
Mar 20263,82389.753.15$12,040
Feb 20263,49963.503.75$13,122
Jan 20263,31959.138.00$26,545
Dec 20253,48156.664.41$15,363
Nov 20253,57258.593.93$14,025
Oct 20254,00659.383.30$13,239
Sep 20253,71062.743.08$11,415
Aug 20253,83663.933.01$11,565
Jul 20253,69866.743.32$12,260
Jun 20253,66766.483.13$11,473
May 20253,90060.553.23$12,606
Apr 20253,42662.363.54$12,139
Mar 20254,03367.704.27$17,214
Feb 20253,79570.884.34$16,473
Jan 20254,44574.324.28$19,019
Dec 20244,59068.993.12$14,327
Nov 20244,37269.052.20$9,612
Oct 20244,35471.372.28$9,933
Sep 20244,18869.612.36$9,902
Aug 20244,18275.632.06$8,630
Jul 20244,30279.932.15$9,235
Jun 20244,20278.082.63$11,068
May 20244,19578.812.20$9,222
Apr 20244,07184.451.66$6,755
Mar 20244,22380.301.55$6,525
Feb 20243,88776.091.78$6,933
Jan 20244,13973.023.30$13,649
Dec 20234,22271.262.61$11,022
Nov 20234,08477.892.81$11,466
Oct 20234,22685.443.09$13,047
Sep 20234,07989.042.74$11,156
Aug 20234,27380.522.67$11,421
Jul 20234,28274.852.64$11,312
Jun 20234,40968.962.26$9,958
May 20234,60670.622.23$10,259
Apr 20234,56878.122.24$10,222
Mar 20234,71272.852.39$11,277
Feb 20234,24175.112.47$10,457
Jan 20234,78576.533.39$16,210
Dec 20224,67776.415.73$26,795
Nov 20224,57785.005.65$25,843
Oct 20224,87187.185.86$28,562
Sep 20224,97184.888.16$40,582
Aug 20225,07694.529.13$46,329
Jul 20225,074101.587.54$38,269
Jun 20225,148115.097.98$41,067
May 20225,948109.378.43$50,160
Apr 20225,791104.226.84$39,597
Mar 20226,101108.885.08$30,971
Feb 20225,50191.054.86$26,728
Jan 20226,25181.844.54$28,365
Dec 20216,84571.323.90$26,689
Nov 20216,65877.435.24$34,867
Oct 20217,03479.795.71$40,191
Sep 20217,04869.865.35$37,713
Aug 20217,06166.024.22$29,802
Jul 20216,99970.783.98$27,871
Jun 20213,47269.493.38$11,738
May 20214,13963.483.02$12,490
Apr 20213,61660.362.76$9,974
Mar 20213,67761.302.72$9,990
Feb 20214,10857.805.55$22,791
Jan 20214,20450.412.81$11,814
Dec 20204,67744.642.68$12,513
Nov 20204,72538.772.71$12,789
Oct 20204,96536.972.48$12,305
Sep 20205,38037.091.99$10,712
Aug 20205,83839.982.39$13,924
Jul 20206,17238.371.83$11,265
Jun 20206,15234.901.69$10,399
May 20206,36916.921.81$11,558
Apr 20206,20014.751.80$11,187
Mar 20205,85830.341.86$10,874
Feb 20206,15049.881.98$12,181
Jan 20206,54257.252.09$13,704
Dec 20196,90559.012.30$15,912
Nov 20197,06055.302.75$19,420
Oct 20197,84353.472.42$18,969
Sep 20197,23755.052.66$19,231
Aug 20197,35053.112.30$16,937
Jul 20196,73256.272.46$16,561
Jun 20196,25852.782.49$15,590
May 20196,68158.482.74$18,308
Apr 20197,50762.632.75$20,650
Mar 20198,24656.803.06$25,250
Feb 20196,78050.852.79$18,931
Jan 20197,56446.033.23$24,418
Dec 20187,76146.594.19$32,483
Nov 20187,75252.934.24$32,847
Oct 20188,09061.443.40$27,490
Sep 20187,84259.543.11$24,373
Aug 20188,26259.403.07$25,336
Jul 20188,53665.142.93$25,027
Jun 20188,90860.183.08$27,409
May 20189,15665.382.90$26,560
Apr 20188,96663.842.90$26,009
Mar 20189,60161.222.79$26,756
Feb 20188,80361.782.77$24,350
Jan 201810,28362.874.01$41,228
Dec 201710,51657.272.92$30,723
Nov 201710,52955.423.12$32,833
Oct 20179,19349.292.98$27,429
Sep 20177,05547.523.09$21,781
Aug 20179,04645.373.00$27,178
Jul 20178,20643.873.09$25,334
Jun 20178,23942.493.09$25,436
May 20178,70145.373.26$28,395
Apr 20178,22747.933.21$26,422
Mar 20178,43046.772.98$25,152
Feb 20177,84850.452.95$23,172
Jan 20178,82049.413.42$30,154
Dec 20168,91748.763.72$33,196
Nov 20168,60942.492.64$22,765
Oct 20168,98546.193.09$27,766
Sep 20168,69241.553.10$26,951
Aug 20168,49941.442.92$24,854
Jul 20168,88641.622.92$25,986
Jun 20168,97545.352.69$24,105
May 20169,57842.521.99$19,070
Apr 20169,41536.561.99$18,746
Mar 20169,65233.011.79$17,316
Feb 20168,50226.472.06$17,545
Jan 20169,02427.352.36$21,336
Dec 20159,05032.362.00$18,113
Nov 20159,01138.792.17$19,530
Oct 201510,05243.552.43$24,392
Sep 20159,98942.992.76$27,554
Aug 201510,05040.162.87$28,869
Jul 201510,51248.152.95$30,959
Jun 201510,32456.152.88$29,763
May 201510,76055.212.96$31,801
Apr 201510,54649.822.71$28,543
Mar 201511,07342.892.93$32,496
Feb 201510,22744.662.98$30,438
Jan 201511,53943.433.10$35,778
Dec 201411,83454.693.59$42,500
Nov 201411,76670.464.25$50,027
Oct 201412,34878.303.90$48,169
Sep 201412,07686.164.05$48,853
Aug 201412,43389.394.04$50,169
Jul 201412,56196.564.18$52,500
Jun 201412,19498.164.74$57,762
May 201413,11294.734.73$61,975
Apr 201412,92995.944.81$62,177
Mar 201413,71695.895.06$69,359
Feb 201412,42597.406.19$76,936
Jan 201413,58190.404.86$66,013
Dec 201313,50991.824.35$58,825
Nov 201313,89488.853.74$51,940
Oct 201314,19097.423.78$53,629
Sep 201314,352104.113.72$53,357
Aug 201315,337104.253.52$54,026
Jul 201315,544102.523.72$57,789
Jun 201315,12594.403.93$59,493
May 201315,28594.834.15$63,419
Apr 201315,92393.964.28$68,192
Mar 201316,90293.623.91$66,135
Feb 201316,09391.233.42$55,037
Jan 201318,62091.603.42$63,679
Dec 201219,88686.773.42$68,013
Nov 201216,73986.953.62$60,678
Oct 201217,46989.383.40$59,389
Sep 201217,12994.672.92$49,989
Aug 201218,21492.662.91$52,969
Jul 201219,08585.133.02$57,652
Jun 201219,81179.822.52$49,905
May 201221,85691.612.49$54,385
Apr 201222,282101.652.00$44,493
Mar 201224,186105.052.22$53,743
Feb 201223,833101.102.57$61,257
Jan 201226,96798.092.73$73,730
Dec 201129,25096.873.24$94,762
Nov 201130,56595.723.31$101,209
Oct 201133,70984.983.65$122,989
Sep 201136,05983.623.99$143,724
Aug 201140,85583.404.15$169,520
Jul 201148,66594.144.52$219,831
Jun 201154,64492.904.64$253,542
May 201132,07198.134.40$141,267

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                3,524 Mcf  × $  3.05 =    $10,734

────────────────────────────────────────────────────
Month total                                  $10,734

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/261674 is the state's own key, not one this site invented.