RAWDON-SIERRA-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 266456District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
May 2012 – May 2026
Value, last 12 filed months
$291 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
GasProduction2,436,533 Mcf$8,196,492
Total$8,196,492

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 20265,671106.413.05$17,273
Apr 20266,61198.932.87$18,972
Mar 20266,70689.753.15$21,120
Feb 20265,45963.503.75$20,473
Jan 20265,38959.138.00$43,101
Dec 20257,02756.664.41$31,013
Nov 20256,74258.593.93$26,472
Oct 20257,06059.383.30$23,332
Sep 20256,91462.743.08$21,274
Aug 20256,77763.933.01$20,431
Jul 20257,46766.743.32$24,755
Jun 20257,15666.483.13$22,389
May 20257,56160.553.23$24,440
Apr 20257,22662.363.54$25,603
Mar 20257,48667.704.27$31,953
Feb 20256,52870.884.34$28,337
Jan 20257,45674.324.28$31,902
Dec 20247,40668.993.12$23,117
Nov 20247,14669.052.20$15,710
Oct 20246,97671.372.28$15,915
Sep 20247,14869.612.36$16,900
Aug 20247,28175.632.06$15,025
Jul 20247,48979.932.15$16,076
Jun 20247,28678.082.63$19,191
May 20247,45278.812.20$16,383
Apr 20247,29684.451.66$12,106
Mar 20247,60880.301.55$11,755
Feb 20247,16376.091.78$12,776
Jan 20247,30373.023.30$24,083
Dec 20237,79871.262.61$20,358
Nov 20237,51277.892.81$21,090
Oct 20237,74285.443.09$23,902
Sep 20237,69089.042.74$21,032
Aug 20237,49180.522.67$20,023
Jul 20236,73374.852.64$17,787
Jun 20237,91468.962.26$17,874
May 20238,40070.622.23$18,710
Apr 20238,31278.122.24$18,600
Mar 20238,64872.852.39$20,696
Feb 20237,53175.112.47$18,569
Jan 20238,75976.533.39$29,673
Dec 20228,60776.415.73$49,310
Nov 20228,52485.005.65$48,128
Oct 20228,79087.185.86$51,542
Sep 20227,50284.888.16$61,244
Aug 20222,47694.529.13$22,599
Jul 20228,285101.587.54$62,486
Jun 20228,128115.097.98$64,839
May 20228,484109.378.43$71,546
Apr 20228,425104.226.84$57,607
Mar 20228,572108.885.08$43,515
Feb 20227,45591.054.86$36,223
Jan 20228,80281.844.54$39,941
Dec 202113,04271.323.90$50,852
Nov 202112,63877.435.24$66,183
Oct 202112,97279.795.71$74,120
Sep 202113,09069.865.35$70,044
Aug 202113,56266.024.22$57,240
Jul 202113,32570.783.98$53,061
Jun 202113,19469.493.38$44,604
May 202113,89563.483.02$41,931
Apr 202113,56160.362.76$37,407
Mar 202113,91061.302.72$37,793
Feb 202110,66457.805.55$59,163
Jan 202113,43950.412.81$37,767
Dec 202013,69144.642.68$36,630
Nov 202013,38638.772.71$36,230
Oct 202013,29236.972.48$32,943
Sep 202012,65937.091.99$25,205
Aug 202013,35939.982.39$31,863
Jul 202013,63938.371.83$24,893
Jun 202012,30634.901.69$20,801
May 202013,01516.921.81$23,619
Apr 202013,69614.751.80$24,713
Mar 202012,41330.341.86$23,041
Feb 202012,12349.881.98$24,012
Jan 202014,01857.252.09$29,364
Dec 201914,01259.012.30$32,289
Nov 201914,33155.302.75$39,420
Oct 201916,69753.472.42$40,382
Sep 201916,48155.052.66$43,795
Aug 201916,84353.112.30$38,812
Jul 201917,05956.272.46$41,966
Jun 201916,68152.782.49$41,556
May 201916,93258.482.74$46,399
Apr 201917,23462.632.75$47,406
Mar 201917,71356.803.06$54,239
Feb 201916,49350.852.79$46,052
Jan 201918,65646.033.23$60,225
Dec 201818,08946.594.19$75,710
Nov 201817,73652.934.24$75,152
Oct 201818,18661.443.40$61,797
Sep 20189,41659.543.11$29,265
Aug 201810,24559.403.07$31,417
Jul 20189,65165.142.93$28,296
Jun 20189,90160.183.08$30,465
May 201810,73065.382.90$31,126
Apr 201810,06663.842.90$29,199
Mar 201811,02761.222.79$30,730
Feb 20189,98461.782.77$27,617
Jan 201810,97462.874.01$43,998
Dec 201711,26757.272.92$32,917
Nov 201711,87955.423.12$37,043
Oct 201714,24749.292.98$42,508
Sep 201714,73947.523.09$45,503
Aug 201712,84845.373.00$38,601
Jul 201713,70043.873.09$42,296
Jun 201713,62542.493.09$42,064
May 201713,50345.373.26$44,066
Apr 201712,07247.933.21$38,770
Mar 201713,15446.772.98$39,247
Feb 201712,00050.452.95$35,431
Jan 201713,50049.413.42$46,154
Dec 201612,42348.763.72$46,249
Nov 201612,40042.492.64$32,790
Oct 201612,62946.193.09$39,027
Sep 201612,31541.553.10$38,184
Aug 201611,67341.442.92$34,136
Jul 201611,98241.622.92$35,039
Jun 201611,13545.352.69$29,907
May 201611,55542.521.99$23,006
Apr 201611,28536.561.99$22,469
Mar 201611,74433.011.79$21,069
Feb 201611,50826.472.06$23,748
Jan 201613,06527.352.36$30,890
Dec 201512,86632.362.00$25,750
Nov 201512,22138.792.17$26,487
Oct 201513,03843.552.43$31,638
Sep 201512,61242.992.76$34,789
Aug 201513,26040.162.87$38,089
Jul 201513,65748.152.95$40,221
Jun 201513,38556.152.88$38,587
May 201513,55555.212.96$40,061
Apr 201515,54049.822.71$42,060
Mar 201519,88242.892.93$58,348
Feb 201519,92944.662.98$59,312
Jan 201520,84843.433.10$64,642
Dec 201420,74554.693.59$74,503
Nov 201420,66970.464.25$87,881
Oct 201420,43278.303.90$79,704
Sep 201420,99486.164.05$84,930
Aug 201421,11489.394.04$85,198
Jul 201418,95396.564.18$79,216
Jun 201419,70598.164.74$93,340
May 201423,10694.734.73$109,212
Apr 201422,93795.944.81$110,307
Mar 201422,20295.895.06$112,271
Feb 201421,48097.406.19$133,004
Jan 201420,88590.404.86$101,516
Dec 201321,47991.824.35$93,530
Nov 201321,43088.853.74$80,111
Oct 201322,98197.423.78$86,853
Sep 201323,355104.113.72$86,828
Aug 201324,998104.253.52$88,058
Jul 201326,162102.523.72$97,264
Jun 201326,67894.403.93$104,936
May 201328,75294.834.15$119,294
Apr 201327,44393.964.28$117,527
Mar 201329,67193.623.91$116,099
Feb 201326,47191.233.42$90,528
Jan 201330,27391.603.42$103,531
Dec 201232,82686.773.42$112,270
Nov 201234,17786.953.62$123,890
Oct 201238,51989.383.40$130,952
Sep 201240,90294.672.92$119,368
Aug 201244,80292.662.91$130,291
Jul 201252,58485.133.02$158,846
Jun 201261,24079.822.52$154,266
May 201236,13191.612.49$89,905

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                5,671 Mcf  × $  3.05 =    $17,273

────────────────────────────────────────────────────
Month total                                  $17,273

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/266456 is the state's own key, not one this site invented.