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 266505District 09Field 65280200GasSaveExport
Value, all time
$5.7 M
May 2012 – May 2026
Value, last 12 filed months
$102 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
GasProduction1,684,313 Mcf$5,738,378
Total$5,738,378

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 20262,082106.413.05$6,341
Apr 20262,58298.932.87$7,410
Mar 20262,27389.753.15$7,159
Feb 20262,11263.503.75$7,921
Jan 20262,04559.138.00$16,356
Dec 20252,34056.664.41$10,327
Nov 20252,31158.593.93$9,074
Oct 20252,53759.383.30$8,384
Sep 20252,30462.743.08$7,089
Aug 20252,27763.933.01$6,865
Jul 20252,24366.743.32$7,436
Jun 20252,46166.483.13$7,700
May 20252,44060.553.23$7,887
Apr 20252,44062.363.54$8,645
Mar 20252,50767.704.27$10,701
Feb 20252,05670.884.34$8,925
Jan 20252,20174.324.28$9,417
Dec 20242,36268.993.12$7,373
Nov 20242,80469.052.20$6,164
Oct 20242,04271.372.28$4,659
Sep 20242,26769.612.36$5,360
Aug 20241,52375.632.06$3,143
Jul 20242,68879.932.15$5,770
Jun 20242,70278.082.63$7,117
May 20242,77578.812.20$6,101
Apr 20242,85284.451.66$4,732
Mar 20242,94280.301.55$4,546
Feb 20242,57576.091.78$4,593
Jan 20242,26873.023.30$7,479
Dec 20232,88371.262.61$7,527
Nov 20232,90377.892.81$8,150
Oct 20232,86085.443.09$8,830
Sep 20233,11689.042.74$8,522
Aug 20232,71480.522.67$7,254
Jul 20232,95774.852.64$7,812
Jun 20232,41468.962.26$5,452
May 20232,80770.622.23$6,252
Apr 20233,04478.122.24$6,812
Mar 20232,87572.852.39$6,880
Feb 20232,53375.112.47$6,246
Jan 20233,13976.533.39$10,634
Dec 20223,23076.415.73$18,505
Nov 20223,20185.005.65$18,073
Oct 20223,73887.185.86$21,919
Sep 20223,30784.888.16$26,997
Aug 20223,61394.529.13$32,976
Jul 20223,358101.587.54$25,326
Jun 20222,836115.097.98$22,623
May 20223,631109.378.43$30,620
Apr 20223,707104.226.84$25,347
Mar 20223,684108.885.08$18,701
Feb 20222,53091.054.86$12,293
Jan 20223,63481.844.54$16,490
Dec 20219471.323.90$367
Nov 202141977.435.24$2,194
Oct 202114579.795.71$829
Sep 202125069.865.35$1,338
Aug 20217266.024.22$304
Jul 202142570.783.98$1,692
Jun 202110469.493.38$352
May 20214,11463.483.02$12,415
Apr 20214,26160.362.76$11,754
Mar 20214,57161.302.72$12,419
Feb 20212,54157.805.55$14,097
Jan 20214,11950.412.81$11,576
Dec 20204,45444.642.68$11,917
Nov 20204,23638.772.71$11,465
Oct 20204,60236.972.48$11,406
Sep 20203,86437.091.99$7,693
Aug 20204,66739.982.39$11,131
Jul 20204,77638.371.83$8,717
Jun 20204,89034.901.69$8,266
May 20205,13916.921.81$9,326
Apr 20205,01814.751.80$9,054
Mar 20205,41230.341.86$10,046
Feb 20205,15449.881.98$10,208
Jan 20205,64057.252.09$11,814
Dec 20195,76059.012.30$13,273
Nov 20195,83555.302.75$16,050
Oct 20196,62053.472.42$16,011
Sep 20196,50055.052.66$17,272
Aug 20196,01753.112.30$13,865
Jul 20196,72756.272.46$16,549
Jun 20194,74652.782.49$11,823
May 20195,58958.482.74$15,316
Apr 20195,45762.632.75$15,011
Mar 20195,67956.803.06$17,390
Feb 20194,36650.852.79$12,191
Jan 20195,67946.033.23$18,333
Dec 20184,03946.594.19$16,905
Nov 20186,53152.934.24$27,673
Oct 20189,41061.443.40$31,976
Sep 20186,47059.543.11$20,109
Aug 20187,19459.403.07$22,061
Jul 20187,11365.142.93$20,854
Jun 20188,19160.183.08$25,203
May 20188,05965.382.90$23,378
Apr 20188,01363.842.90$23,244
Mar 20187,78561.222.79$21,696
Feb 20186,13661.782.77$16,973
Jan 20187,57462.874.01$30,367
Dec 20177,99557.272.92$23,358
Nov 20175,76355.423.12$17,971
Oct 201711,01049.292.98$32,850
Sep 20179,31747.523.09$28,764
Aug 201758945.373.00$1,770
Jul 2017043.873.09$0
Jun 2017642.493.09$19
May 2017045.373.26$0
Apr 201757047.933.21$1,831
Mar 201755446.772.98$1,653
Feb 201753250.452.95$1,571
Jan 20174,07649.413.42$13,935
Dec 20165,04348.763.72$18,774
Nov 201675942.492.64$2,007
Oct 201692646.193.09$2,862
Sep 201641341.553.10$1,281
Aug 20167,76741.442.92$22,713
Jul 20164,37341.622.92$12,788
Jun 201612,42845.352.69$33,380
May 201612,95342.521.99$25,790
Apr 201612,51036.561.99$24,908
Mar 201613,35433.011.79$23,957
Feb 201613,01426.472.06$26,856
Jan 201614,44927.352.36$34,163
Dec 201514,33432.362.00$28,688
Nov 201513,66538.792.17$29,617
Oct 201516,21543.552.43$39,347
Sep 201515,11942.992.76$41,705
Aug 201517,44540.162.87$50,111
Jul 201518,58748.152.95$54,740
Jun 201517,92156.152.88$51,664
May 201517,46155.212.96$51,605
Apr 201516,56249.822.71$44,826
Mar 20157,55242.892.93$22,163
Feb 20158,50444.662.98$25,310
Jan 201511543.433.10$357
Dec 201417,83854.693.59$64,063
Nov 201417,87270.464.25$75,989
Oct 201419,94378.303.90$77,797
Sep 201420,16786.164.05$81,584
Aug 201421,76689.394.04$87,828
Jul 201421,19096.564.18$88,566
Jun 201421,20298.164.74$100,431
May 201423,23594.734.73$109,822
Apr 201422,87795.944.81$110,018
Mar 201424,25695.895.06$122,658
Feb 201422,93097.406.19$141,983
Jan 201425,87690.404.86$125,776
Dec 201326,26091.824.35$114,349
Nov 201326,30088.853.74$98,317
Oct 201328,17097.423.78$106,465
Sep 201328,293104.113.72$105,186
Aug 201330,511104.253.52$107,478
Jul 201331,742102.523.72$118,009
Jun 201327,24394.403.93$107,158
May 201329,29194.834.15$121,531
Apr 201330,59193.964.28$131,009
Mar 201333,82193.623.91$132,337
Feb 201330,96391.233.42$105,891
Jan 201336,47391.603.42$124,734
Dec 201240,17986.773.42$137,419
Nov 201242,38386.953.62$153,637
Oct 201241,73289.383.40$141,875
Sep 201246,41694.672.92$135,460
Aug 201253,10092.662.91$154,423
Jul 201256,55185.133.02$170,829
Jun 201269,71879.822.52$175,622
May 201235,36191.612.49$87,989

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                2,082 Mcf  × $  3.05 =     $6,341

────────────────────────────────────────────────────
Month total                                   $6,341

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/266505 is the state's own key, not one this site invented.