RAWDON-PEYCO-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 266550District 09Field 65280200GasSaveExport
Value, all time
$10.7 M
May 2012 – May 2026
Value, last 12 filed months
$252 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
GasProduction3,187,250 Mcf$10,654,736
Total$10,654,736

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 20265,814106.413.05$17,709
Apr 20265,84998.932.87$16,785
Mar 20266,52489.753.15$20,547
Feb 20265,94363.503.75$22,288
Jan 20264,55059.138.00$36,391
Dec 20255,23656.664.41$23,108
Nov 20255,08058.593.93$19,946
Oct 20255,72659.383.30$18,924
Sep 20255,99062.743.08$18,431
Aug 20256,41063.933.01$19,325
Jul 20256,08466.743.32$20,170
Jun 20256,00366.483.13$18,782
May 20256,81960.553.23$22,041
Apr 20256,92562.363.54$24,536
Mar 20257,57667.704.27$32,337
Feb 20254,66270.884.34$20,237
Jan 20256,24574.324.28$26,720
Dec 20246,65268.993.12$20,763
Nov 20247,60969.052.20$16,728
Oct 20247,05271.372.28$16,088
Sep 20249,23269.612.36$21,828
Aug 20249,86175.632.06$20,349
Jul 20249,20079.932.15$19,749
Jun 20248,49378.082.63$22,370
May 20249,01478.812.20$19,817
Apr 20248,96384.451.66$14,871
Mar 202410,31580.301.55$15,938
Feb 20249,93876.091.78$17,726
Jan 202410,67973.023.30$35,216
Dec 202310,63171.262.61$27,755
Nov 202310,16777.892.81$28,544
Oct 202310,89785.443.09$33,642
Sep 202310,87489.042.74$29,741
Aug 202311,43480.522.67$30,562
Jul 202311,28674.852.64$29,815
Jun 202310,83868.962.26$24,477
May 202311,35170.622.23$25,283
Apr 20239,80778.122.24$21,946
Mar 202310,96972.852.39$26,251
Feb 20239,05075.112.47$22,314
Jan 20239,74076.533.39$32,996
Dec 20228,53176.415.73$48,875
Nov 20227,84085.005.65$44,266
Oct 20227,29187.185.86$42,753
Sep 20229,45084.888.16$77,147
Aug 20228,40394.529.13$76,696
Jul 20227,799101.587.54$58,821
Jun 20227,795115.097.98$62,182
May 202210,639109.378.43$89,719
Apr 202210,141104.226.84$69,340
Mar 20228,394108.885.08$42,611
Feb 20228,13491.054.86$39,522
Jan 202210,12081.844.54$45,921
Dec 202111,11271.323.90$43,327
Nov 202110,74077.435.24$56,244
Oct 202111,67479.795.71$66,704
Sep 202110,83169.865.35$57,956
Aug 202110,30966.024.22$43,510
Jul 20216,66370.783.98$26,533
Jun 202112,44569.493.38$42,072
May 20219,64063.483.02$29,090
Apr 202111,35360.362.76$31,316
Mar 202112,18761.302.72$33,111
Feb 20218,48457.805.55$47,069
Jan 202113,32050.412.81$37,433
Dec 202014,21144.642.68$38,021
Nov 202013,96138.772.71$37,786
Oct 202014,51336.972.48$35,969
Sep 202012,60337.091.99$25,093
Aug 202013,87939.982.39$33,103
Jul 202014,48538.371.83$26,437
Jun 202012,87134.901.69$21,756
May 202013,46716.921.81$24,439
Apr 202012,41214.751.80$22,396
Mar 202012,71230.341.86$23,596
Feb 202011,69549.881.98$23,164
Jan 202012,57557.252.09$26,341
Dec 201913,75159.012.30$31,687
Nov 201913,35255.302.75$36,727
Oct 201915,23853.472.42$36,854
Sep 201914,57055.052.66$38,717
Aug 201916,46453.112.30$37,939
Jul 201917,65156.272.46$43,423
Jun 201917,00852.782.49$42,370
May 201918,31258.482.74$50,181
Apr 201918,46162.632.75$50,781
Mar 201919,12356.803.06$58,557
Feb 201917,50350.852.79$48,872
Jan 201920,27046.033.23$65,435
Dec 201820,40146.594.19$85,387
Nov 201818,42252.934.24$78,058
Oct 201815,31361.443.40$52,035
Sep 201814,81259.543.11$46,036
Aug 201815,42059.403.07$47,286
Jul 201815,40065.142.93$45,151
Jun 201816,24160.183.08$49,972
May 201814,59065.382.90$42,323
Apr 201813,86563.842.90$40,220
Mar 201814,10561.222.79$39,308
Feb 2018061.782.77$0
Jan 201814,61962.874.01$58,612
Dec 201714,21657.272.92$41,532
Nov 201713,48655.423.12$42,054
Oct 201714,74149.292.98$43,982
Sep 201716,44947.523.09$50,783
Aug 201718,05745.373.00$54,250
Jul 201718,99243.873.09$58,634
Jun 201719,02342.493.09$58,729
May 201721,10745.373.26$68,881
Apr 201720,71747.933.21$66,535
Mar 201721,87546.772.98$65,268
Feb 201720,26650.452.95$59,837
Jan 201720,43649.413.42$69,867
Dec 201624,04848.763.72$89,527
Nov 201624,10742.492.64$63,747
Oct 201625,34546.193.09$78,323
Sep 201625,58041.553.10$79,314
Aug 201627,03041.442.92$79,045
Jul 201627,51841.622.92$80,472
Jun 201627,18445.352.69$73,012
May 201628,63042.521.99$57,003
Apr 201625,11336.561.99$50,001
Mar 201622,87633.011.79$41,040
Feb 201618,32326.472.06$37,812
Jan 20169,38327.352.36$22,185
Dec 2015032.362.00$0
Nov 201511,20238.792.17$24,278
Oct 201525,79943.552.43$62,603
Sep 201525,65542.992.76$70,767
Aug 201530,39740.162.87$87,315
Jul 201531,15048.152.95$91,739
Jun 201527,71356.152.88$79,893
May 201526,80055.212.96$79,206
Apr 201528,34149.822.71$76,707
Mar 201530,48942.892.93$89,476
Feb 201520,97944.662.98$62,437
Jan 201521,41943.433.10$66,412
Dec 201422,77654.693.59$81,797
Nov 201422,89770.464.25$97,354
Oct 201425,62778.303.90$99,970
Sep 201425,65686.164.05$103,790
Aug 201426,15789.394.04$105,547
Jul 201426,59296.564.18$111,144
Jun 201427,17498.164.74$128,720
May 201429,49594.734.73$139,410
Apr 201429,53495.944.81$142,033
Mar 201432,80495.895.06$165,883
Feb 201427,48597.406.19$170,187
Jan 201431,48090.404.86$153,015
Dec 201331,54791.824.35$137,371
Nov 201333,19088.853.74$124,074
Oct 201335,17797.423.78$132,947
Sep 201335,109104.113.72$130,526
Aug 201337,141104.253.52$130,833
Jul 201338,820102.523.72$144,323
Jun 201338,64994.403.93$152,022
May 201341,31594.834.15$171,419
Apr 201341,42993.964.28$177,423
Mar 201345,15893.623.91$176,697
Feb 201342,48491.233.42$145,291
Jan 201349,59091.603.42$169,593
Dec 201252,11986.773.42$178,255
Nov 201253,88586.953.62$195,331
Oct 201256,37989.383.40$191,671
Sep 201260,75594.672.92$177,307
Aug 201268,70492.662.91$199,802
Jul 201279,07985.133.02$238,882
Jun 201292,53679.822.52$233,102
May 201239,00391.612.49$97,052

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                5,814 Mcf  × $  3.05 =    $17,709

────────────────────────────────────────────────────
Month total                                  $17,709

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/266550 is the state's own key, not one this site invented.