HICKEY, BILLY

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 224514District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$109 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
GasProduction1,281,787 Mcf$6,120,705
Total$6,120,705

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 20262,197106.413.05$6,692
Apr 20262,34798.932.87$6,735
Mar 20262,39389.753.15$7,537
Feb 20262,27563.503.75$8,532
Jan 20262,25959.138.00$18,067
Dec 20252,51156.664.41$11,082
Nov 20252,47358.593.93$9,710
Oct 20252,36659.383.30$7,819
Sep 20252,53362.743.08$7,794
Aug 20252,69563.933.01$8,125
Jul 20252,61266.743.32$8,659
Jun 20252,72066.483.13$8,510
May 20252,68060.553.23$8,663
Apr 20252,44162.363.54$8,649
Mar 20251,73367.704.27$7,397
Feb 20251,81070.884.34$7,857
Jan 20252,20274.324.28$9,422
Dec 20242,31468.993.12$7,223
Nov 20242,26069.052.20$4,968
Oct 20242,36771.372.28$5,400
Sep 20242,08969.612.36$4,939
Aug 20242,31075.632.06$4,767
Jul 20242,23779.932.15$4,802
Jun 20242,04378.082.63$5,381
May 20242,07878.812.20$4,568
Apr 20241,85084.451.66$3,070
Mar 20242,07180.301.55$3,200
Feb 20241,93876.091.78$3,457
Jan 20241,67773.023.30$5,530
Dec 20231,82071.262.61$4,752
Nov 20231,67777.892.81$4,708
Oct 20231,64885.443.09$5,088
Sep 20231,83089.042.74$5,005
Aug 20231,75180.522.67$4,680
Jul 20231,63674.852.64$4,322
Jun 20232,03768.962.26$4,601
May 20232,84670.622.23$6,339
Apr 20232,78078.122.24$6,221
Mar 20232,97472.852.39$7,117
Feb 20233,86575.112.47$9,530
Jan 20233,60476.533.39$12,209
Dec 20222,70576.415.73$15,497
Nov 20222,61985.005.65$14,787
Oct 20222,99287.185.86$17,544
Sep 20223,17084.888.16$25,879
Aug 20223,03994.529.13$27,737
Jul 20222,983101.587.54$22,498
Jun 20223,121115.097.98$24,897
May 20223,088109.378.43$26,041
Apr 20223,409104.226.84$23,309
Mar 20224,601108.885.08$23,357
Feb 20223,48891.054.86$16,948
Jan 20223,13081.844.54$14,203
Dec 20212,88971.323.90$11,265
Nov 20212,83177.435.24$14,826
Oct 20213,06979.795.71$17,536
Sep 20212,97469.865.35$15,914
Aug 20213,09566.024.22$13,063
Jul 20212,67170.783.98$10,636
Jun 20213,10869.493.38$10,507
May 20213,33763.483.02$10,070
Apr 20213,91760.362.76$10,805
Mar 20213,43461.302.72$9,330
Feb 20213,16257.805.55$17,543
Jan 20213,72950.412.81$10,480
Dec 20204,07244.642.68$10,894
Nov 20203,93938.772.71$10,661
Oct 20203,90536.972.48$9,678
Sep 20203,69737.091.99$7,361
Aug 20203,60139.982.39$8,589
Jul 20203,47938.371.83$6,350
Jun 20203,78434.901.69$6,396
May 20203,51216.921.81$6,373
Apr 20204,22214.751.80$7,618
Mar 20204,50230.341.86$8,357
Feb 20203,91149.881.98$7,746
Jan 20204,03957.252.09$8,461
Dec 20193,42759.012.30$7,897
Nov 20193,58255.302.75$9,853
Oct 20192,94353.472.42$7,118
Sep 20192,67455.052.66$7,106
Aug 20192,86053.112.30$6,590
Jul 20193,14356.272.46$7,732
Jun 20193,82752.782.49$9,534
May 20192,87958.482.74$7,889
Apr 20193,69662.632.75$10,167
Mar 20192,95156.803.06$9,036
Feb 20197,42550.852.79$20,732
Jan 20197,83646.033.23$25,296
Dec 20188,14146.594.19$34,074
Nov 20188,02452.934.24$34,000
Oct 20189,34161.443.40$31,741
Sep 20188,53459.543.11$26,524
Aug 20188,61959.403.07$26,431
Jul 20184,80965.142.93$14,099
Jun 20183,34060.183.08$10,277
May 20184,13465.382.90$11,992
Apr 20183,34763.842.90$9,709
Mar 20184,02961.222.79$11,228
Feb 20183,52661.782.77$9,753
Jan 20183,23262.874.01$12,958
Dec 20174,17357.272.92$12,192
Nov 20173,79455.423.12$11,831
Oct 20173,68649.292.98$10,998
Sep 20173,62347.523.09$11,185
Aug 20174,28345.373.00$12,868
Jul 20174,57143.873.09$14,112
Jun 20174,47942.493.09$13,828
May 20174,15445.373.26$13,556
Apr 20174,58147.933.21$14,712
Mar 20174,81146.772.98$14,354
Feb 20173,14350.452.95$9,280
Jan 20173,18249.413.42$10,879
Dec 20162,72948.763.72$10,160
Nov 20164,73742.492.64$12,526
Oct 2016046.193.09$0
Sep 20164441.553.10$136
Aug 20163,40341.442.92$9,952
Jul 20162,68741.622.92$7,858
Jun 20168,55445.352.69$22,975
May 201611,87142.521.99$23,636
Apr 201613,19736.561.99$26,276
Mar 20164,70933.011.79$8,448
Feb 20161,97126.472.06$4,067
Jan 20163,45227.352.36$8,162
Dec 20153,20832.362.00$6,421
Nov 20153,97138.792.17$8,606
Oct 20154,38643.552.43$10,643
Sep 20153,91042.992.76$10,785
Aug 20153,77840.162.87$10,852
Jul 20154,15648.152.95$12,240
Jun 20153,90956.152.88$11,269
May 20155,06555.212.96$14,969
Apr 20155,60449.822.71$15,168
Mar 20155,33542.892.93$15,657
Feb 20154,81544.662.98$14,330
Jan 20155,76343.433.10$17,869
Dec 20144,33554.693.59$15,569
Nov 20145,27770.464.25$22,437
Oct 20145,02178.303.90$19,587
Sep 20145,39086.164.05$21,805
Aug 20144,30289.394.04$17,359
Jul 20144,72896.564.18$19,761
Jun 20144,68698.164.74$22,197
May 20144,82994.734.73$22,825
Apr 20144,83795.944.81$23,262
Mar 20145,24995.895.06$26,543
Feb 20144,69297.406.19$29,053
Jan 20144,64190.404.86$22,559
Dec 20135,89191.824.35$25,652
Nov 20135,50688.853.74$20,583
Oct 20135,43497.423.78$20,537
Sep 20135,073104.113.72$18,860
Aug 20137,074104.253.52$24,919
Jul 20136,698102.523.72$24,901
Jun 20135,76994.403.93$22,692
May 20135,96094.834.15$24,729
Apr 20135,90993.964.28$25,306
Mar 20136,26093.623.91$24,495
Feb 20135,80891.233.42$19,863
Jan 20135,44691.603.42$18,625
Dec 20122,78186.773.42$9,511
Nov 20123986.953.62$141
Oct 20129189.383.40$309
Sep 20129294.672.92$268
Aug 20124992.662.91$143
Jul 201222485.133.02$677
Jun 20122,61879.822.52$6,595
May 20123,67991.612.49$9,155
Apr 20123,249101.652.00$6,488
Mar 20124,295105.052.22$9,544
Feb 20126,396101.102.57$16,439
Jan 20126,61298.092.73$18,078
Dec 20115,24196.873.24$16,979
Nov 20115,02495.723.31$16,636
Oct 20115,66584.983.65$20,669
Sep 20115,83783.623.99$23,265
Aug 20115,75583.404.15$23,879
Jul 20115,88994.144.52$26,602
Jun 20115,58892.904.64$25,928
May 20116,08298.134.40$26,790
Apr 20116,251105.964.33$27,087
Mar 20116,42096.364.06$26,048
Feb 20115,57685.644.18$23,308
Jan 20116,27486.504.59$28,790
Dec 20106,07185.734.35$26,395
Nov 20105,24280.843.80$19,895
Oct 20106,88278.103.51$24,148
Sep 20107,31872.633.98$29,122
Aug 20107,69073.684.42$33,985
Jul 20107,20172.554.74$34,107
Jun 20107,01970.364.91$34,466
May 20107,61771.124.24$32,260
Apr 20106,03881.694.12$24,893
Mar 20106,46378.394.39$28,364
Feb 20106,20973.585.44$33,792
Jan 20107,27174.365.96$43,365
Dec 20097,96671.445.48$43,684
Nov 20097,81674.593.75$29,322
Oct 20099,49372.544.11$39,019
Sep 20098,91465.543.06$27,319
Aug 20099,45367.423.22$30,424
Jul 20099,43261.133.46$32,677
Jun 20099,17366.163.90$35,729
May 20099,66854.743.93$37,954
Apr 200910,51346.773.59$37,715
Mar 200911,49142.144.06$46,642
Feb 20098,77932.814.63$40,673
Jan 200910,78935.865.37$57,948
Dec 200811,13137.105.98$66,532
Nov 200811,63055.496.86$79,786
Oct 200815,25375.246.92$105,581
Sep 200813,593101.767.88$107,073
Aug 200810,996114.228.48$93,279
Jul 200818,533131.0811.39$211,080
Jun 200823,633131.3313.03$308,000
May 200820,102123.1711.57$232,666
Apr 200840110.3110.45$418
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 20075,67491.677.29$41,373
Oct 200711,91382.856.92$82,462
Sep 200710,16775.846.24$63,484
Aug 200712,16169.066.39$77,684
Jul 200713,45970.906.39$85,975
Jun 200713,93762.007.55$105,203
May 200710,79058.747.85$84,661
Apr 20078,94259.617.81$69,794
Mar 200710,70256.927.30$78,146
Feb 200711,24555.108.22$92,389
Jan 200715,75950.306.73$106,008
Dec 200620,38456.656.92$141,025
Nov 200621,89854.207.62$166,808
Oct 200627,77254.906.01$167,015
Sep 200636,49860.085.04$183,848
Aug 20069,29968.717.34$68,254

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                2,197 Mcf  × $  3.05 =     $6,692

────────────────────────────────────────────────────
Month total                                   $6,692

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/224514 is the state's own key, not one this site invented.