PEYCO-MCGEE-RAWDON (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 266751District 09Field 65280200GasSaveExport
Value, all time
$2.5 M
May 2012 – May 2026
Value, last 12 filed months
$0
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
GasProduction744,791 Mcf$2,534,091
Total$2,534,091

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,10061.443.40$10,534
Sep 20182,49959.543.11$7,767
Aug 20181559.403.07$46
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 201620542.492.64$542
Oct 20161,35846.193.09$4,197
Sep 20161,11441.553.10$3,454
Aug 20161,18541.442.92$3,465
Jul 20161,58241.622.92$4,626
Jun 20161,35745.352.69$3,645
May 20161,41942.521.99$2,825
Apr 20161,24536.561.99$2,479
Mar 20163,69333.011.79$6,625
Feb 20163,59126.472.06$7,411
Jan 20161,96327.352.36$4,641
Dec 201578432.362.00$1,569
Nov 201510,10338.792.17$21,897
Oct 201515,35643.552.43$37,263
Sep 20157,48342.992.76$20,641
Aug 201510740.162.87$307
Jul 201548048.152.95$1,414
Jun 201535256.152.88$1,015
May 20157,32155.212.96$21,637
Apr 201511,04349.822.71$29,889
Mar 201512,09642.892.93$35,498
Feb 201511,37644.662.98$33,857
Jan 201513,07943.433.10$40,553
Dec 201413,69954.693.59$49,198
Nov 201412,41070.464.25$52,765
Oct 201415,48578.303.90$60,406
Sep 201412,29286.164.05$49,727
Aug 201412,11489.394.04$48,881
Jul 201414,25496.564.18$59,576
Jun 201413,93798.164.74$66,018
May 201418,94194.734.73$89,526
Apr 201418,12695.944.81$87,170
Mar 20143,06895.895.06$15,514
Feb 20141,80397.406.19$11,164
Jan 201413,05690.404.86$63,462
Dec 20131,75991.824.35$7,660
Nov 201317,30188.853.74$64,676
Oct 201321,52197.423.78$81,336
Sep 201321,042104.113.72$78,229
Aug 201324,181104.253.52$85,180
Jul 201311,696102.523.72$43,483
Jun 20139294.403.93$362
May 20136,31094.834.15$26,181
Apr 20139,55993.964.28$40,937
Mar 201330,14293.623.91$117,942
Feb 201321,87691.233.42$74,814
Jan 201325,27791.603.42$86,445
Dec 201227,31686.773.42$93,425
Nov 201226,86386.953.62$97,377
Oct 201229,96089.383.40$101,854
Sep 201233,12194.672.92$96,660
Aug 201239,60692.662.91$115,181
Jul 201248,11885.133.02$145,355
Jun 201261,70779.822.52$155,442
May 201224,25391.612.49$60,349

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.

Oct 2018 — as filed, then multipliedworked
Gas                3,100 Mcf  × $  3.40 =    $10,534

────────────────────────────────────────────────────
Month total                                  $10,534

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/266751 is the state's own key, not one this site invented.