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 266551District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
May 2012 – May 2026
Value, last 12 filed months
$95 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
GasProduction1,226,599 Mcf$4,122,678
Total$4,122,678

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 20261,576106.413.05$4,800
Apr 20262,12798.932.87$6,104
Mar 20262,70789.753.15$8,526
Feb 20262,21863.503.75$8,318
Jan 20261,67159.138.00$13,365
Dec 20252,20256.664.41$9,718
Nov 20252,28558.593.93$8,972
Oct 20252,02759.383.30$6,699
Sep 20252,27062.743.08$6,985
Aug 20252,40363.933.01$7,244
Jul 20252,39666.743.32$7,943
Jun 20252,05266.483.13$6,420
May 20252,98560.553.23$9,648
Apr 20252,83962.363.54$10,059
Mar 20252,87467.704.27$12,267
Feb 20251,93570.884.34$8,400
Jan 20252,19674.324.28$9,396
Dec 20242,37168.993.12$7,401
Nov 20241,99069.052.20$4,375
Oct 20242,64971.372.28$6,043
Sep 20242,84369.612.36$6,722
Aug 20242,74575.632.06$5,665
Jul 202496179.932.15$2,063
Jun 20242,13378.082.63$5,618
May 20242,15778.812.20$4,742
Apr 20242,03384.451.66$3,373
Mar 20242,55980.301.55$3,954
Feb 20243,14476.091.78$5,608
Jan 20243,63473.023.30$11,984
Dec 20234,96871.262.61$12,970
Nov 20235,34077.892.81$14,992
Oct 20235,65585.443.09$17,459
Sep 20234,37289.042.74$11,958
Aug 20233,28480.522.67$8,778
Jul 20233,28974.852.64$8,689
Jun 20235,39468.962.26$12,182
May 20235,93370.622.23$13,215
Apr 20233,76178.122.24$8,416
Mar 20234,57372.852.39$10,944
Feb 20234,96175.112.47$12,232
Jan 20236,22676.533.39$21,092
Dec 20225,18276.415.73$29,688
Nov 20225,80385.005.65$32,765
Oct 20222,25087.185.86$13,193
Sep 20222,17684.888.16$17,764
Aug 20223,12994.529.13$28,559
Jul 20221,060101.587.54$7,995
Jun 20221,567115.097.98$12,500
May 20224,587109.378.43$38,682
Apr 20224,287104.226.84$29,313
Mar 20224,383108.885.08$22,250
Feb 20221,36491.054.86$6,627
Jan 20221,93981.844.54$8,799
Dec 20214,13471.323.90$16,119
Nov 20214,53077.435.24$23,723
Oct 20214,41179.795.71$25,204
Sep 20214,32669.865.35$23,148
Aug 20212,44866.024.22$10,332
Jul 202123170.783.98$920
Jun 20213,78269.493.38$12,786
May 20212,39763.483.02$7,233
Apr 20214,66560.362.76$12,868
Mar 20213,24661.302.72$8,819
Feb 20212,70257.805.55$14,991
Jan 20213,32450.412.81$9,341
Dec 20203,82844.642.68$10,242
Nov 20203,65238.772.71$9,884
Oct 20202,82336.972.48$6,997
Sep 20207437.091.99$147
Aug 20202,10939.982.39$5,030
Jul 20202,81338.371.83$5,134
Jun 20203,15834.901.69$5,338
May 20204,14716.921.81$7,526
Apr 20202,39114.751.80$4,314
Mar 20202,54430.341.86$4,722
Feb 20202,48749.881.98$4,926
Jan 20203,25457.252.09$6,816
Dec 20192,62859.012.30$6,056
Nov 20192,73055.302.75$7,509
Oct 20193,46853.472.42$8,388
Sep 20193,08855.052.66$8,206
Aug 20193,53253.112.30$8,139
Jul 20193,52956.272.46$8,682
Jun 20191,28152.782.49$3,191
May 20191,44458.482.74$3,957
Apr 20192,50362.632.75$6,885
Mar 20192,27056.803.06$6,951
Feb 20194,52250.852.79$12,626
Jan 20194,78646.033.23$15,450
Dec 20183,39046.594.19$14,189
Nov 20184,59252.934.24$19,457
Oct 20186,54661.443.40$22,244
Sep 20184,95359.543.11$15,394
Aug 20185,08159.403.07$15,581
Jul 20185,03665.142.93$14,765
Jun 20186,37960.183.08$19,628
May 20184,10965.382.90$11,919
Apr 20183,25363.842.90$9,436
Mar 20184,23661.222.79$11,805
Feb 2018061.782.77$0
Jan 20185,31762.874.01$21,318
Dec 20175,97457.272.92$17,453
Nov 20175,51155.423.12$17,185
Oct 20174,06349.292.98$12,123
Sep 20175,95347.523.09$18,379
Aug 20172,42445.373.00$7,283
Jul 20174,26443.873.09$13,164
Jun 20176,17642.493.09$19,067
May 20174,20345.373.26$13,716
Apr 20176,02547.933.21$19,350
Mar 20177,01546.772.98$20,931
Feb 20176,54150.452.95$19,313
Jan 201720,33949.413.42$69,535
Dec 20165,41648.763.72$20,163
Nov 201610,07442.492.64$26,639
Oct 20169,87046.193.09$30,501
Sep 20167,12041.553.10$22,076
Aug 201610,63041.442.92$31,086
Jul 201612,65841.622.92$37,016
Jun 201612,44645.352.69$33,428
May 201615,15642.521.99$30,176
Apr 201625,05136.561.99$49,878
Mar 20166,03233.011.79$10,821
Feb 20167,08826.472.06$14,627
Jan 20164,99227.352.36$11,803
Dec 201512,80632.362.00$25,630
Nov 201515,19738.792.17$32,937
Oct 20157,83943.552.43$19,022
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 20152,72548.152.95$8,025
Jun 20156,71456.152.88$19,356
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 20152443.433.10$74
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014278.303.90$8
Sep 201410,34186.164.05$41,834
Aug 201410,63389.394.04$42,905
Jul 201418,61696.564.18$77,807
Jun 201421,13298.164.74$100,100
May 201423,16794.734.73$109,500
Apr 201410,36795.944.81$49,856
Mar 20141,62695.895.06$8,222
Feb 201410,00797.406.19$61,963
Jan 201477490.404.86$3,762
Dec 201311,50191.824.35$50,081
Nov 201311,93588.853.74$44,616
Oct 20139,06997.423.78$34,275
Sep 201315,923104.113.72$59,198
Aug 201323,289104.253.52$82,038
Jul 201323,223102.523.72$86,337
Jun 201322,74694.403.93$89,469
May 201327,90794.834.15$115,788
Apr 201327,60193.964.28$118,204
Mar 201329,53693.623.91$115,571
Feb 201329,92091.233.42$102,324
Jan 201319,08791.603.42$65,276
Dec 201226,38486.773.42$90,238
Nov 201228,15786.953.62$102,068
Oct 201231,15589.383.40$105,917
Sep 201234,05394.672.92$99,380
Aug 201240,34992.662.91$117,341
Jul 201247,64885.133.02$143,935
Jun 201258,81179.822.52$148,147
May 201225,70091.612.49$63,950

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                1,576 Mcf  × $  3.05 =     $4,800

────────────────────────────────────────────────────
Month total                                   $4,800

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/266551 is the state's own key, not one this site invented.