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 266747District 09Field 65280200GasSaveExport
Value, all time
$8.8 M
May 2012 – May 2026
Value, last 12 filed months
$321 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
GasProduction2,623,510 Mcf$8,834,615
Total$8,834,615

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 20266,789106.413.05$20,678
Apr 20266,63898.932.87$19,049
Mar 20267,04589.753.15$22,188
Feb 20266,88563.503.75$25,821
Jan 20266,96759.138.00$55,722
Dec 20257,51156.664.41$33,149
Nov 20257,24858.593.93$28,459
Oct 20257,51559.383.30$24,836
Sep 20257,37362.743.08$22,686
Aug 20257,52263.933.01$22,677
Jul 20257,48966.743.32$24,828
Jun 20256,74566.483.13$21,103
May 20257,33760.553.23$23,716
Apr 20256,77962.363.54$24,019
Mar 20256,93167.704.27$29,584
Feb 20255,41470.884.34$23,501
Jan 20256,33874.324.28$27,118
Dec 20246,30868.993.12$19,690
Nov 20246,39169.052.20$14,050
Oct 20246,30271.372.28$14,377
Sep 20245,93969.612.36$14,042
Aug 20246,82875.632.06$14,090
Jul 20247,34979.932.15$15,775
Jun 20246,86978.082.63$18,093
May 20246,68978.812.20$14,705
Apr 20246,74884.451.66$11,196
Mar 20247,11180.301.55$10,987
Feb 20246,78376.091.78$12,098
Jan 20246,11073.023.30$20,149
Dec 20237,15571.262.61$18,680
Nov 20236,79677.892.81$19,080
Oct 20238,10285.443.09$25,013
Sep 20237,78589.042.74$21,292
Aug 20238,12980.522.67$21,728
Jul 20237,04274.852.64$18,604
Jun 20237,78068.962.26$17,571
May 20234,93370.622.23$10,988
Apr 20236,03678.122.24$13,507
Mar 20237,82472.852.39$18,724
Feb 20237,31175.112.47$18,027
Jan 20238,24976.533.39$27,945
Dec 20227,00376.415.73$40,121
Nov 20228,50485.005.65$48,015
Oct 20226,64687.185.86$38,971
Sep 20229,17184.888.16$74,869
Aug 20229,44594.529.13$86,206
Jul 20229,363101.587.54$70,617
Jun 20228,065115.097.98$64,336
May 20228,900109.378.43$75,054
Apr 20228,868104.226.84$60,636
Mar 20229,408108.885.08$47,759
Feb 20228,49291.054.86$41,261
Jan 20228,95581.844.54$40,635
Dec 20219,45271.323.90$36,854
Nov 20219,26477.435.24$48,514
Oct 20219,78079.795.71$55,882
Sep 20219,59169.865.35$51,321
Aug 202110,04766.024.22$42,404
Jul 202110,58570.783.98$42,150
Jun 20219,28569.493.38$31,389
May 20219,37463.483.02$28,288
Apr 20219,01660.362.76$24,870
Mar 20219,76461.302.72$26,528
Feb 20216,70857.805.55$37,216
Jan 20218,44050.412.81$23,719
Dec 20209,09844.642.68$24,341
Nov 20209,10138.772.71$24,632
Oct 20209,76136.972.48$24,192
Sep 20208,07337.091.99$16,074
Aug 20207,43539.982.39$17,733
Jul 202011,20038.371.83$20,441
Jun 20209,86834.901.69$16,680
May 202010,33616.921.81$18,757
Apr 20209,58414.751.80$17,293
Mar 202010,39430.341.86$19,294
Feb 20208,78249.881.98$17,394
Jan 202011,38157.252.09$23,840
Dec 201911,08259.012.30$25,537
Nov 201911,01455.302.75$30,296
Oct 201911,11253.472.42$26,875
Sep 20199,98055.052.66$26,520
Aug 201912,29553.112.30$28,332
Jul 201913,93056.272.46$34,269
Jun 201913,37652.782.49$33,322
May 201914,05558.482.74$38,515
Apr 201914,00362.632.75$38,518
Mar 201914,32056.803.06$43,849
Feb 201912,92450.852.79$36,087
Jan 201914,55846.033.23$46,996
Dec 201815,40546.594.19$64,477
Nov 201814,41552.934.24$61,080
Oct 201813,66161.443.40$46,421
Sep 201813,67559.543.11$42,502
Aug 201814,75659.403.07$45,250
Jul 201814,75765.142.93$43,266
Jun 201813,77460.183.08$42,382
May 201815,12165.382.90$43,863
Apr 201813,48363.842.90$39,111
Mar 201813,76161.222.79$38,350
Feb 2018061.782.77$0
Jan 201815,47462.874.01$62,040
Dec 201715,21957.272.92$44,463
Nov 201715,00955.423.12$46,803
Oct 201714,88849.292.98$44,421
Sep 201714,41947.523.09$44,515
Aug 201714,14145.373.00$42,485
Jul 201716,65243.873.09$51,409
Jun 201717,06042.493.09$52,669
May 201719,32345.373.26$63,059
Apr 201719,47047.933.21$62,530
Mar 201718,70446.772.98$55,807
Feb 201716,06650.452.95$47,436
Jan 201713,99649.413.42$47,850
Dec 201618,72148.763.72$69,695
Nov 201617,32542.492.64$45,813
Oct 201619,66446.193.09$60,767
Sep 201620,03441.553.10$62,118
Aug 201620,17741.442.92$59,004
Jul 201619,62141.622.92$57,378
Jun 201618,60345.352.69$49,965
May 201617,42942.521.99$34,702
Apr 201620,45236.561.99$40,721
Mar 201622,06833.011.79$39,590
Feb 201618,85326.472.06$38,906
Jan 201610,08027.352.36$23,833
Dec 201519,93932.362.00$39,906
Nov 201522,85438.792.17$49,532
Oct 201520,78143.552.43$50,427
Sep 201520,66442.992.76$57,000
Aug 201518,91640.162.87$54,336
Jul 201518,31648.152.95$53,942
Jun 201517,64856.152.88$50,877
May 201520,58855.212.96$60,847
Apr 201525,47049.822.71$68,936
Mar 201523,00142.892.93$67,501
Feb 201514,67544.662.98$43,676
Jan 201512,44343.433.10$38,581
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 20141,11878.303.90$4,361
Sep 20142186.164.05$85
Aug 201412,35789.394.04$49,862
Jul 201417,12496.564.18$71,571
Jun 201413,18298.164.74$62,442
May 201420,60994.734.73$97,410
Apr 201425,69895.944.81$123,585
Mar 201427,55195.895.06$139,320
Feb 201428,00997.406.19$173,432
Jan 201429,31590.404.86$142,492
Dec 201331,52491.824.35$137,271
Nov 201333,28888.853.74$124,440
Oct 201335,57497.423.78$134,447
Sep 201331,342104.113.72$116,521
Aug 201331,633104.253.52$111,431
Jul 201333,215102.523.72$123,485
Jun 201333,62094.403.93$132,241
May 201335,47294.834.15$147,176
Apr 201335,91393.964.28$153,801
Mar 201339,76793.623.91$155,603
Feb 201338,66091.233.42$132,214
Jan 201346,21491.603.42$158,048
Dec 201248,78186.773.42$166,839
Nov 201251,65086.953.62$187,229
Oct 201256,35389.383.40$191,582
Sep 201260,22694.672.92$175,764
Aug 201270,73492.662.91$205,706
Jul 201254,23985.133.02$163,845
Jun 201255,27679.822.52$139,242
May 201246,61191.612.49$115,983

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                6,789 Mcf  × $  3.05 =    $20,678

────────────────────────────────────────────────────
Month total                                  $20,678

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/266747 is the state's own key, not one this site invented.