HANNA, LARRY

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 223152District 09Field 65280200GasSaveExport
Value, all time
$7.7 M
Aug 2006 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
238
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
GasProduction1,502,566 Mcf$7,689,669
Total$7,689,669

Every month this lease reported (238)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

238 months

May 20262,000106.413.05$6,092
Apr 20261,96798.932.87$5,645
Mar 20262,03689.753.15$6,412
Feb 20261,85963.503.75$6,972
Jan 20261,89059.138.00$15,116
Dec 20251,96656.664.41$8,677
Nov 20251,91458.593.93$7,515
Oct 20251,81359.383.30$5,992
Sep 20251,48862.743.08$4,578
Aug 20251,89663.933.01$5,716
Jul 20252,08766.743.32$6,919
Jun 20252,03666.483.13$6,370
May 20252,07960.553.23$6,720
Apr 20252,01262.363.54$7,129
Mar 20252,06367.704.27$8,806
Feb 20251,86770.884.34$8,104
Jan 20252,07874.324.28$8,891
Dec 20242,04768.993.12$6,389
Nov 20242,02669.052.20$4,454
Oct 20242,04871.372.28$4,672
Sep 20241,91369.612.36$4,523
Aug 20241,98575.632.06$4,096
Jul 20242,00979.932.15$4,313
Jun 20241,89978.082.63$5,002
May 20241,91478.812.20$4,208
Apr 20241,84784.451.66$3,065
Mar 20241,85880.301.55$2,871
Feb 20241,66076.091.78$2,961
Jan 20241,93173.023.30$6,368
Dec 20232,07071.262.61$5,404
Nov 20232,01577.892.81$5,657
Oct 20232,09785.443.09$6,474
Sep 20232,02589.042.74$5,538
Aug 20232,17980.522.67$5,824
Jul 20232,24074.852.64$5,918
Jun 20232,69568.962.26$6,087
May 20233,00870.622.23$6,700
Apr 20232,83578.122.24$6,344
Mar 20233,06172.852.39$7,325
Feb 20232,64675.112.47$6,524
Jan 20233,02676.533.39$10,251
Dec 20222,94976.415.73$16,895
Nov 20223,04885.005.65$17,210
Oct 20223,13187.185.86$18,359
Sep 20223,13384.888.16$25,577
Aug 20223,39694.529.13$30,996
Jul 20223,395101.587.54$25,605
Jun 20223,236115.097.98$25,814
May 20223,745109.378.43$31,582
Apr 20223,346104.226.84$22,879
Mar 20223,444108.885.08$17,483
Feb 20223,14291.054.86$15,266
Jan 20223,67081.844.54$16,653
Dec 20213,68871.323.90$14,380
Nov 20213,52977.435.24$18,481
Oct 20213,61379.795.71$20,644
Sep 20213,14969.865.35$16,850
Aug 20213,04366.024.22$12,843
Jul 20213,14370.783.98$12,516
Jun 20213,28769.493.38$11,112
May 20213,32763.483.02$10,040
Apr 20213,57760.362.76$9,867
Mar 20213,75461.302.72$10,199
Feb 20213,54457.805.55$19,662
Jan 20214,00450.412.81$11,252
Dec 20204,16644.642.68$11,146
Nov 20204,10938.772.71$11,121
Oct 20204,34136.972.48$10,759
Sep 20204,38337.091.99$8,727
Aug 20204,49139.982.39$10,711
Jul 20204,18138.371.83$7,631
Jun 20203,86634.901.69$6,535
May 20204,06216.921.81$7,372
Apr 20203,27514.751.80$5,909
Mar 20202,98130.341.86$5,533
Feb 20202,86749.881.98$5,679
Jan 20203,02457.252.09$6,334
Dec 20193,06059.012.30$7,051
Nov 20192,89355.302.75$7,958
Oct 20193,15153.472.42$7,621
Sep 20193,04155.052.66$8,081
Aug 20193,02253.112.30$6,964
Jul 20193,06456.272.46$7,538
Jun 20193,05252.782.49$7,603
May 20193,26258.482.74$8,939
Apr 20193,27462.632.75$9,006
Mar 20193,36556.803.06$10,304
Feb 20192,93150.852.79$8,184
Jan 20193,38546.033.23$10,927
Dec 20183,49246.594.19$14,616
Nov 20183,49352.934.24$14,801
Oct 20183,60961.443.40$12,264
Sep 20183,48659.543.11$10,834
Aug 20183,59259.403.07$11,015
Jul 20183,57865.142.93$10,490
Jun 20183,45560.183.08$10,631
May 20183,57265.382.90$10,362
Apr 20183,52163.842.90$10,214
Mar 20183,67661.222.79$10,244
Feb 20183,30961.782.77$9,153
Jan 20183,67162.874.01$14,718
Dec 20173,69857.272.92$10,804
Nov 20173,66955.423.12$11,441
Oct 20173,61349.292.98$10,780
Sep 20173,08047.523.09$9,509
Aug 20173,23145.373.00$9,707
Jul 20173,81543.873.09$11,778
Jun 20173,81842.493.09$11,787
May 20173,98945.373.26$13,018
Apr 20173,80547.933.21$12,220
Mar 20174,01646.772.98$11,982
Feb 20173,66650.452.95$10,824
Jan 20174,19249.413.42$14,332
Dec 20164,28148.763.72$15,937
Nov 20164,39342.492.64$11,617
Oct 20164,53646.193.09$14,017
Sep 20164,43441.553.10$13,748
Aug 20164,52941.442.92$13,244
Jul 20164,52541.622.92$13,233
Jun 20164,49945.352.69$12,084
May 20164,74842.521.99$9,453
Apr 20164,68836.561.99$9,334
Mar 20164,83833.011.79$8,679
Feb 20164,37626.472.06$9,030
Jan 20164,37327.352.36$10,339
Dec 20154,24432.362.00$8,494
Nov 20154,16938.792.17$9,036
Oct 20154,29943.552.43$10,432
Sep 20154,26542.992.76$11,765
Aug 20154,46240.162.87$12,817
Jul 20154,41748.152.95$13,008
Jun 20154,40356.152.88$12,693
May 20154,56755.212.96$13,498
Apr 20154,47149.822.71$12,101
Mar 20154,53342.892.93$13,303
Feb 20154,06944.662.98$12,110
Jan 20154,56543.433.10$14,154
Dec 20144,67754.693.59$16,797
Nov 20144,74770.464.25$20,183
Oct 20145,38678.303.90$21,011
Sep 20145,30186.164.05$21,445
Aug 20145,31089.394.04$21,426
Jul 20145,02096.564.18$20,982
Jun 20144,84298.164.74$22,936
May 20145,07694.734.73$23,992
Apr 20145,01695.944.81$24,123
Mar 20145,17595.895.06$26,169
Feb 20144,79197.406.19$29,666
Jan 20145,65190.404.86$27,468
Dec 20135,65191.824.35$24,607
Nov 20135,68188.853.74$21,237
Oct 20135,72297.423.78$21,626
Sep 20135,294104.113.72$19,682
Aug 20135,630104.253.52$19,832
Jul 20135,936102.523.72$22,069
Jun 20135,74794.403.93$22,605
May 20136,34194.834.15$26,309
Apr 20136,24893.964.28$26,758
Mar 20135,67893.623.91$22,217
Feb 20135,65091.233.42$19,322
Jan 20135,61091.603.42$19,186
Dec 20126,32886.773.42$21,643
Nov 20126,04786.953.62$21,920
Oct 20126,11689.383.40$20,792
Sep 20125,92594.672.92$17,292
Aug 20126,09592.662.91$17,725
Jul 20126,28085.133.02$18,971
Jun 20126,53979.822.52$16,472
May 20126,87391.612.49$17,102
Apr 20125,893101.652.00$11,767
Mar 20126,022105.052.22$13,381
Feb 20126,422101.102.57$16,506
Jan 20126,77498.092.73$18,521
Dec 20116,58196.873.24$21,321
Nov 20116,22695.723.31$20,616
Oct 20116,42384.983.65$23,435
Sep 20116,35083.623.99$25,310
Aug 20116,55383.404.15$27,190
Jul 20116,76394.144.52$30,550
Jun 20117,02692.904.64$32,600
May 20117,81998.134.40$34,441
Apr 20117,028105.964.33$30,454
Mar 20116,94496.364.06$28,174
Feb 20116,45485.644.18$26,978
Jan 20117,03486.504.59$32,277
Dec 20107,75785.734.35$33,726
Nov 20108,21080.843.80$31,160
Oct 20108,57178.103.51$30,075
Sep 20108,40672.633.98$33,451
Aug 20108,27873.684.42$36,583
Jul 20107,70372.554.74$36,485
Jun 20107,90270.364.91$38,802
May 20108,86971.124.24$37,562
Apr 20108,67481.694.12$35,760
Mar 201010,86278.394.39$47,670
Feb 20109,82173.585.44$53,449
Jan 20108,74074.365.96$52,126
Dec 20095,04071.445.48$27,638
Nov 20093,41874.593.75$12,823
Oct 20094,03672.544.11$16,589
Sep 20093,33865.543.06$10,230
Aug 20094,66467.423.22$15,011
Jul 20098,68161.133.46$30,075
Jun 20098,55166.163.90$33,306
May 20098,48454.743.93$33,306
Apr 20098,61046.773.59$30,888
Mar 200910,17842.144.06$41,313
Feb 20099,38132.814.63$43,462
Jan 200910,38835.865.37$55,794
Dec 200811,05937.105.98$66,101
Nov 200811,01355.496.86$75,553
Oct 200811,71575.246.92$81,091
Sep 200811,503101.767.88$90,610
Aug 200811,071114.228.48$93,916
Jul 200810,901131.0811.39$124,156
Jun 200811,060131.3313.03$144,141
May 200813,100123.1711.57$151,623
Apr 200812,291110.3110.45$128,501
Mar 200813,909101.909.66$134,418
Feb 200812,65292.538.77$110,965
Jan 200813,95090.388.21$114,470
Dec 200715,61088.337.30$113,984
Nov 200715,69191.677.29$114,414
Oct 200717,21282.856.92$119,141
Sep 200714,94675.846.24$93,325
Aug 200716,71769.066.39$106,787
Jul 200717,43470.906.39$111,367
Jun 200717,59362.007.55$132,800
May 200719,35658.747.85$151,873
Apr 200719,99959.617.81$156,096
Mar 200722,12656.927.30$161,563
Feb 200722,04055.108.22$181,081
Jan 200727,37050.306.73$184,114
Dec 200630,09756.656.92$208,224
Nov 200633,35154.207.62$254,051
Oct 200639,34554.906.01$236,613
Sep 200647,76960.085.04$240,622
Aug 200662,07568.717.34$455,626

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                2,000 Mcf  × $  3.05 =     $6,092

────────────────────────────────────────────────────
Month total                                   $6,092

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/223152 is the state's own key, not one this site invented.