RAWDON-MCGEE (SA)

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 266441District 09Field 65280200GasSaveExport
Value, all time
$9.0 M
May 2012 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
169
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
GasProduction2,649,121 Mcf$9,041,505
Total$9,041,505

Every month this lease reported (169)

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

169 months

May 20265,366106.413.05$16,344
Apr 20265,58498.932.87$16,025
Mar 20266,10289.753.15$19,218
Feb 20265,52163.503.75$20,706
Jan 20265,21259.138.00$41,685
Dec 20255,88456.664.41$25,968
Nov 20255,80458.593.93$22,789
Oct 20256,07959.383.30$20,090
Sep 20255,54762.743.08$17,068
Aug 20255,70863.933.01$17,208
Jul 20255,89966.743.32$19,556
Jun 20256,00766.483.13$18,794
May 20256,06960.553.23$19,617
Apr 20255,89562.363.54$20,887
Mar 20256,28867.704.27$26,839
Feb 20255,21570.884.34$22,637
Jan 20255,85974.324.28$25,069
Dec 20245,76868.993.12$18,004
Nov 20245,86069.052.20$12,883
Oct 20245,92771.372.28$13,522
Sep 20245,94969.612.36$14,066
Aug 20246,24675.632.06$12,889
Jul 20245,85579.932.15$12,568
Jun 20246,07078.082.63$15,988
May 20245,59778.812.20$12,305
Apr 20245,51984.451.66$9,157
Mar 20245,98580.301.55$9,248
Feb 20245,34776.091.78$9,537
Jan 20245,65973.023.30$18,661
Dec 20236,16171.262.61$16,085
Nov 20236,13277.892.81$17,216
Oct 20236,44285.443.09$19,888
Sep 20236,10789.042.74$16,703
Aug 20236,56580.522.67$17,547
Jul 20236,04074.852.64$15,956
Jun 20235,47068.962.26$12,354
May 20236,54770.622.23$14,583
Apr 20236,02678.122.24$13,485
Mar 20235,75272.852.39$13,765
Feb 20235,35775.112.47$13,209
Jan 20234,79176.533.39$16,231
Dec 20225,66076.415.73$32,427
Nov 20224,55685.005.65$25,724
Oct 20221,34587.185.86$7,887
Sep 20225,46084.888.16$44,574
Aug 20225,01694.529.13$45,782
Jul 20226,939101.587.54$52,334
Jun 20226,803115.097.98$54,269
May 20227,708109.378.43$65,002
Apr 20227,392104.226.84$50,544
Mar 20227,701108.885.08$39,093
Feb 20226,35691.054.86$30,883
Jan 20227,84181.844.54$35,580
Dec 20218,19371.323.90$31,945
Nov 20217,40677.435.24$38,784
Oct 20218,21479.795.71$46,934
Sep 20218,62669.865.35$46,157
Aug 20219,07666.024.22$38,306
Jul 20219,68970.783.98$38,582
Jun 20218,44169.493.38$28,536
May 20218,65963.483.02$26,130
Apr 20218,61560.362.76$23,764
Mar 20219,26461.302.72$25,170
Feb 20215,63557.805.55$31,263
Jan 20218,61350.412.81$24,205
Dec 20208,89544.642.68$23,798
Nov 20208,96738.772.71$24,270
Oct 20209,39136.972.48$23,275
Sep 20208,69137.091.99$17,304
Aug 20209,71439.982.39$23,169
Jul 20209,51538.371.83$17,366
Jun 20208,81334.901.69$14,897
May 20209,53816.921.81$17,309
Apr 20209,46714.751.80$17,082
Mar 20209,93230.341.86$18,436
Feb 20209,72949.881.98$19,270
Jan 202010,85957.252.09$22,747
Dec 20199,69459.012.30$22,338
Nov 201910,10455.302.75$27,793
Oct 201911,07753.472.42$26,790
Sep 20199,95755.052.66$26,459
Aug 201910,58053.112.30$24,380
Jul 201911,48956.272.46$28,264
Jun 201913,16052.782.49$32,784
May 201913,45458.482.74$36,868
Apr 201912,35362.632.75$33,979
Mar 201912,76256.803.06$39,079
Feb 20199,40650.852.79$26,264
Jan 201911,60746.033.23$37,469
Dec 201810,78246.594.19$45,127
Nov 201810,72452.934.24$45,440
Oct 201811,62361.443.40$39,496
Sep 201811,45859.543.11$35,611
Aug 201811,92259.403.07$36,560
Jul 201812,29365.142.93$36,042
Jun 201811,59860.183.08$35,686
May 201811,13465.382.90$32,298
Apr 201811,42463.842.90$33,139
Mar 201811,62461.222.79$32,394
Feb 2018061.782.77$0
Jan 201812,27562.874.01$49,214
Dec 20179,70757.272.92$28,359
Nov 201711,88655.423.12$37,065
Oct 201711,94849.292.98$35,649
Sep 201713,11447.523.09$40,487
Aug 201715,34345.373.00$46,097
Jul 201717,92443.873.09$55,336
Jun 201718,41442.493.09$56,849
May 201719,81545.373.26$64,664
Apr 201720,08547.933.21$64,505
Mar 201721,83846.772.98$65,158
Feb 201720,89150.452.95$61,683
Jan 201721,00249.413.42$71,802
Dec 201626,51948.763.72$98,726
Nov 201626,77142.492.64$70,792
Oct 201621,82846.193.09$67,454
Sep 201617,76441.553.10$55,080
Aug 201619,90541.442.92$58,209
Jul 201622,36241.622.92$65,394
Jun 201623,81645.352.69$63,966
May 201625,94142.521.99$51,650
Apr 201626,53236.561.99$52,826
Mar 201628,43633.011.79$51,014
Feb 201625,53126.472.06$52,687
Jan 20166,43527.352.36$15,215
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 20159543.552.43$231
Sep 2015042.992.76$0
Aug 201552140.162.87$1,497
Jul 20153,70648.152.95$10,914
Jun 20158,58456.152.88$24,746
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 201584442.892.93$2,477
Feb 201516,68644.662.98$49,661
Jan 201523,98243.433.10$74,359
Dec 201426,59254.693.59$95,501
Nov 201426,33870.464.25$111,985
Oct 201428,17278.303.90$109,898
Sep 201428,36686.164.05$114,753
Aug 201428,73189.394.04$115,933
Jul 201429,04796.564.18$121,405
Jun 201429,51998.164.74$139,828
May 201431,54994.734.73$149,118
Apr 201431,15695.944.81$149,833
Mar 201432,81895.895.06$165,954
Feb 201431,13797.406.19$192,800
Jan 201434,55890.404.86$167,977
Dec 201335,56791.824.35$154,876
Nov 201333,82888.853.74$126,459
Oct 201331,50797.423.78$119,076
Sep 201331,173104.113.72$115,893
Aug 201332,726104.253.52$115,281
Jul 201334,223102.523.72$127,232
Jun 201336,08394.403.93$141,929
May 201339,69694.834.15$164,702
Apr 201339,89093.964.28$170,833
Mar 201342,75893.623.91$167,307
Feb 201341,62191.233.42$142,340
Jan 201348,88391.603.42$167,175
Dec 201252,32286.773.42$178,950
Nov 201254,08686.953.62$196,060
Oct 201259,37189.383.40$201,842
Sep 201263,19494.672.92$184,425
Aug 201273,14192.662.91$212,706
Jul 201276,86885.133.02$232,203
Jun 201295,03779.822.52$239,402
May 201252,50991.612.49$130,659

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                5,366 Mcf  × $  3.05 =    $16,344

────────────────────────────────────────────────────
Month total                                  $16,344

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/266441 is the state's own key, not one this site invented.