RAWDON, GREGORY

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 262617District 09Field 65280200GasSaveExport
Value, all time
$3.3 M
Jul 2011 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
179
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
GasProduction985,658 Mcf$3,310,092
Total$3,310,092

Every month this lease reported (179)

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

179 months

May 20261,672106.413.05$5,093
Apr 20262,11498.932.87$6,067
Mar 20262,15289.753.15$6,778
Feb 20261,49763.503.75$5,614
Jan 202676459.138.00$6,110
Dec 20251,41056.664.41$6,223
Nov 20251,73558.593.93$6,812
Oct 20251,91459.383.30$6,325
Sep 20252,07462.743.08$6,382
Aug 20252,43863.933.01$7,350
Jul 20252,21766.743.32$7,350
Jun 20252,50966.483.13$7,850
May 20252,40160.553.23$7,761
Apr 20252,30162.363.54$8,153
Mar 20251,38067.704.27$5,890
Feb 20258,17470.884.34$35,482
Jan 202525274.324.28$1,078
Dec 202488368.993.12$2,756
Nov 202453769.052.20$1,181
Oct 20241,21771.372.28$2,776
Sep 20241,08969.612.36$2,575
Aug 202466875.632.06$1,379
Jul 202486379.932.15$1,853
Jun 20241,18178.082.63$3,111
May 202446778.812.20$1,027
Apr 20241,35584.451.66$2,248
Mar 202451980.301.55$802
Feb 202486776.091.78$1,546
Jan 202488773.023.30$2,925
Dec 20231,26171.262.61$3,292
Nov 202385177.892.81$2,389
Oct 20231,35485.443.09$4,180
Sep 202390289.042.74$2,467
Aug 20231,75680.522.67$4,694
Jul 20231,17574.852.64$3,104
Jun 202386668.962.26$1,956
May 202371970.622.23$1,602
Apr 20231,38878.122.24$3,106
Mar 20232,28372.852.39$5,464
Feb 202366375.112.47$1,635
Jan 202395076.533.39$3,218
Dec 202267476.415.73$3,861
Nov 20224,82185.005.65$27,220
Oct 2022087.185.86$0
Sep 20226684.888.16$539
Aug 20221,98194.529.13$18,081
Jul 20221,518101.587.54$11,449
Jun 20222,872115.097.98$22,911
May 20224,191109.378.43$35,343
Apr 20223,811104.226.84$26,058
Mar 20221,471108.885.08$7,467
Feb 2022091.054.86$0
Jan 202275381.844.54$3,417
Dec 20212,31571.323.90$9,026
Nov 20211,70877.435.24$8,945
Oct 20212,12979.795.71$12,165
Sep 20212,12069.865.35$11,344
Aug 20212,17766.024.22$9,188
Jul 20212,14370.783.98$8,534
Jun 20213,24969.493.38$10,984
May 20213,51363.483.02$10,601
Apr 20213,08660.362.76$8,512
Mar 20211,08261.302.72$2,940
Feb 202190957.805.55$5,043
Jan 20213,40250.412.81$9,561
Dec 20203,69744.642.68$9,891
Nov 20203,79338.772.71$10,266
Oct 20204,16836.972.48$10,330
Sep 20204,13337.091.99$8,229
Aug 20204,08239.982.39$9,736
Jul 20202,41038.371.83$4,399
Jun 20203,63934.901.69$6,151
May 20203,62416.921.81$6,577
Apr 20203,55514.751.80$6,415
Mar 20204,45730.341.86$8,273
Feb 20204,45849.881.98$8,830
Jan 20204,46157.252.09$9,345
Dec 20193,60259.012.30$8,300
Nov 20194,06155.302.75$11,171
Oct 20193,95053.472.42$9,553
Sep 20193,88155.052.66$10,313
Aug 20195,37153.112.30$12,377
Jul 20192,60756.272.46$6,413
Jun 20192,14752.782.49$5,349
May 20194,40658.482.74$12,074
Apr 201924362.632.75$668
Mar 201914556.803.06$444
Feb 20193,21550.852.79$8,977
Jan 20194,14346.033.23$13,374
Dec 20184,08446.594.19$17,093
Nov 20183,53352.934.24$14,970
Oct 20182,37661.443.40$8,074
Sep 20182,30159.543.11$7,152
Aug 20184,49959.403.07$13,796
Jul 20184,58165.142.93$13,431
Jun 20185,40160.183.08$16,618
May 20186,54965.382.90$18,997
Apr 20185,73963.842.90$16,648
Mar 20184,29361.222.79$11,964
Feb 20185,69361.782.77$15,748
Jan 20185,41562.874.01$21,710
Dec 20175,83857.272.92$17,056
Nov 20176,25355.423.12$19,499
Oct 20175,66149.292.98$16,891
Sep 20176,46447.523.09$19,956
Aug 20176,30445.373.00$18,940
Jul 20176,15143.873.09$18,990
Jun 20175,28142.493.09$16,304
May 20176,20545.373.26$20,249
Apr 20175,85947.933.21$18,817
Mar 20177,06946.772.98$21,092
Feb 20175,18550.452.95$15,309
Jan 20176,03149.413.42$20,619
Dec 20167,55248.763.72$28,115
Nov 20165,98942.492.64$15,837
Oct 20168,12146.193.09$25,096
Sep 20169,21941.553.10$28,585
Aug 20164,92741.442.92$14,408
Jul 20167,88741.622.92$23,064
Jun 20166,63945.352.69$17,831
May 20168,44442.521.99$16,812
Apr 20166,28036.561.99$12,504
Mar 20163,87333.011.79$6,948
Feb 20164,97626.472.06$10,269
Jan 20164,07527.352.36$9,635
Dec 20154,50932.362.00$9,024
Nov 20153,51938.792.17$7,627
Oct 20153,86743.552.43$9,384
Sep 20154,09242.992.76$11,287
Aug 20153,72240.162.87$10,691
Jul 20153,54348.152.95$10,434
Jun 20153,28956.152.88$9,482
May 20153,86555.212.96$11,423
Apr 20154,78149.822.71$12,940
Mar 20155,62542.892.93$16,508
Feb 20155,60044.662.98$16,667
Jan 20156,56143.433.10$20,343
Dec 20146,45954.693.59$23,197
Nov 20146,03170.464.25$25,643
Oct 20147,14078.303.90$27,853
Sep 20147,70286.164.05$31,158
Aug 20146,95289.394.04$28,052
Jul 201427696.564.18$1,154
Jun 20142,52198.164.74$11,942
May 20146,70594.734.73$31,692
Apr 20144,50895.944.81$21,680
Mar 20142,73195.895.06$13,810
Feb 20146,28597.406.19$38,917
Jan 20147,04290.404.86$34,229
Dec 20136,33691.824.35$27,590
Nov 20138,68088.853.74$32,448
Oct 20136,71397.423.78$25,371
Sep 20139,494104.113.72$35,296
Aug 20139,940104.253.52$35,015
Jul 20139,958102.523.72$37,021
Jun 201310,22794.403.93$40,227
May 201311,44094.834.15$47,465
Apr 201311,23393.964.28$48,106
Mar 201312,60093.623.91$49,302
Feb 201310,77091.233.42$36,832
Jan 201313,13291.603.42$44,910
Dec 201213,34186.773.42$45,628
Nov 201214,95586.953.62$54,211
Oct 201215,59889.383.40$53,028
Sep 201216,60494.672.92$48,457
Aug 201215,45192.662.91$44,934
Jul 201211,19285.133.02$33,809
Jun 20124,26779.822.52$10,749
May 201217,37391.612.49$43,230
Apr 201214,688101.652.00$29,329
Mar 201220,146105.052.22$44,766
Feb 201221,270101.102.57$54,669
Jan 2012098.092.73$0
Dec 201126,85496.873.24$87,000
Nov 201128,67695.723.31$94,954
Oct 201134,56384.983.65$126,104
Sep 201137,70183.623.99$150,269
Aug 201151,51983.404.15$213,769
Jul 20112,92194.144.52$13,195

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                1,672 Mcf  × $  3.05 =     $5,093

────────────────────────────────────────────────────
Month total                                   $5,093

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/262617 is the state's own key, not one this site invented.