LINDSAY

Operated by HILLTOP PETROLEUM LLC (P-5 388911) 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 231525District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.0 M
Jun 2006 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
240
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition265 bbl$19,887
GasProduction248,067 Mcf$990,753
Total$1,010,640

Every month this lease reported (240)

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

240 months

May 202601,731106.413.05$5,272
Apr 202601,69798.932.87$4,870
Mar 202601,80789.753.15$5,691
Feb 202601,85663.503.75$6,961
Jan 202601,87659.138.00$15,004
Dec 202502,24156.664.41$9,890
Nov 202501,30058.593.93$5,104
Oct 2025019759.383.30$651
Sep 2025032062.743.08$985
Aug 2025031863.933.01$959
Jul 2025031966.743.32$1,058
Jun 20257031966.483.13$5,652
May 2025033760.553.23$1,089
Apr 2025032262.363.54$1,141
Mar 2025033567.704.27$1,430
Feb 2025039470.884.34$1,710
Jan 2025037174.324.28$1,587
Dec 202407468.993.12$231
Nov 2024012069.052.20$264
Oct 2024043871.372.28$999
Sep 2024025169.612.36$593
Aug 2024034475.632.06$710
Jul 2024037279.932.15$799
Jun 2024046078.082.63$1,212
May 2024052078.812.20$1,143
Apr 2024051184.451.66$848
Mar 2024056080.301.55$865
Feb 2024050276.091.78$895
Jan 2024053073.023.30$1,748
Dec 2023055071.262.61$1,436
Nov 2023050277.892.81$1,409
Oct 2023052585.443.09$1,621
Sep 2023048589.042.74$1,326
Aug 2023055280.522.67$1,475
Jul 2023086874.852.64$2,293
Jun 2023064868.962.26$1,464
May 2023084370.622.23$1,878
Apr 202319581678.122.24$17,059
Mar 202301,33872.852.39$3,202
Feb 202301,40675.112.47$3,467
Jan 202301,77376.533.39$6,006
Dec 202201,79276.415.73$10,267
Nov 202201,34285.005.65$7,577
Oct 202202,36487.185.86$13,862
Sep 202202,65584.888.16$21,675
Aug 202203,81594.529.13$34,820
Jul 202205,579101.587.54$42,077
Jun 202206,311115.097.98$50,344
May 202204,756109.378.43$40,108
Apr 20220788104.226.84$5,388
Mar 202202,070108.885.08$10,508
Feb 2022086791.054.86$4,213
Jan 2022056481.844.54$2,559
Dec 202101,54671.323.90$6,028
Nov 202101,11277.435.24$5,823
Oct 202101,83879.795.71$10,502
Sep 2021076869.865.35$4,110
Aug 2021098066.024.22$4,136
Jul 202101,28270.783.98$5,105
Jun 202101,64769.493.38$5,568
May 2021089363.483.02$2,695
Apr 202101,78060.362.76$4,910
Mar 2021034861.302.72$946
Feb 2021025657.805.55$1,420
Jan 202101,86050.412.81$5,227
Dec 2020075744.642.68$2,025
Nov 202001,16438.772.71$3,150
Oct 2020041336.972.48$1,024
Sep 202001,29937.091.99$2,586
Aug 202001,38839.982.39$3,311
Jul 202001,43738.371.83$2,623
Jun 202001,47734.901.69$2,497
May 202001,53116.921.81$2,778
Apr 202001,19414.751.80$2,154
Mar 202001,64830.341.86$3,059
Feb 2020079349.881.98$1,571
Jan 2020092057.252.09$1,927
Dec 201901,52459.012.30$3,512
Nov 201901,16655.302.75$3,207
Oct 201901,20853.472.42$2,922
Sep 201901,50255.052.66$3,991
Aug 201901,39853.112.30$3,222
Jul 201901,27256.272.46$3,129
Jun 2019094252.782.49$2,347
May 201901,34358.482.74$3,680
Apr 201901,22462.632.75$3,367
Mar 201901,40856.803.06$4,311
Feb 201901,18850.852.79$3,317
Jan 201901,33546.033.23$4,310
Dec 201801,26046.594.19$5,274
Nov 201801,35752.934.24$5,750
Oct 201801,15761.443.40$3,932
Sep 201801,15259.543.11$3,580
Aug 201801,26759.403.07$3,885
Jul 201801,21465.142.93$3,559
Jun 201801,25060.183.08$3,846
May 201801,29665.382.90$3,759
Apr 201801,28563.842.90$3,728
Mar 201801,42161.222.79$3,960
Feb 2018096461.782.77$2,667
Jan 201801,48262.874.01$5,942
Dec 2017096757.272.92$2,825
Nov 201701,23055.423.12$3,836
Oct 201701,20449.292.98$3,592
Sep 201701,04547.523.09$3,226
Aug 201701,22245.373.00$3,671
Jul 201701,14243.873.09$3,526
Jun 201701,18542.493.09$3,658
May 201701,85245.373.26$6,044
Apr 201701,35647.933.21$4,355
Mar 201701,71846.772.98$5,126
Feb 201701,73150.452.95$5,111
Jan 2017049849.413.42$1,703
Dec 201601,52648.763.72$5,681
Nov 2016094842.492.64$2,507
Oct 2016093846.193.09$2,899
Sep 201601,77441.553.10$5,501
Aug 20160041.442.92$0
Jul 201601,19641.622.92$3,498
Jun 2016067545.352.69$1,813
May 20160042.521.99$0
Apr 2016059736.561.99$1,189
Mar 201601,00433.011.79$1,801
Feb 2016049826.472.06$1,028
Jan 2016049227.352.36$1,163
Dec 201501,11032.362.00$2,222
Nov 201501,01738.792.17$2,204
Oct 201501,00043.552.43$2,427
Sep 201501,15742.992.76$3,191
Aug 201501,24440.162.87$3,573
Jul 201501,24548.152.95$3,667
Jun 201501,90756.152.88$5,498
May 2015070055.212.96$2,069
Apr 2015089049.822.71$2,409
Mar 201501,00042.892.93$2,935
Feb 201501,50044.662.98$4,464
Jan 2015064543.433.10$2,000
Dec 2014048154.693.59$1,727
Nov 2014048170.464.25$2,045
Oct 201401,00078.303.90$3,901
Sep 201401,20086.164.05$4,855
Aug 201401,44189.394.04$5,815
Jul 201401,57796.564.18$6,591
Jun 201401,37398.164.74$6,504
May 2014076394.734.73$3,606
Apr 201402,42495.944.81$11,657
Mar 201401,23495.895.06$6,240
Feb 201401,11997.406.19$6,929
Jan 201401,55090.404.86$7,534
Dec 2013057391.824.35$2,495
Nov 2013067588.853.74$2,523
Oct 2013095297.423.78$3,598
Sep 201301,200104.113.72$4,461
Aug 201302,007104.253.52$7,070
Jul 201302,227102.523.72$8,279
Jun 201301,34294.403.93$5,279
May 201301,15094.834.15$4,771
Apr 2013083893.964.28$3,589
Mar 201302,10093.623.91$8,217
Feb 201301,20091.233.42$4,104
Jan 201301,84791.603.42$6,317
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012064192.662.91$1,864
Jul 2012078585.133.02$2,371
Jun 201201,40079.822.52$3,527
May 201203,68591.612.49$9,169
Apr 201203,429101.652.00$6,847
Mar 201201,000105.052.22$2,222
Feb 201200101.102.57$0
Jan 201203,39998.092.73$9,293
Dec 201103,48296.873.24$11,281
Nov 201103,91595.723.31$12,964
Oct 201104,65684.983.65$16,988
Sep 201104,67483.623.99$18,630
Aug 201104,29583.404.15$17,821
Jul 201102,56594.144.52$11,587
Jun 201101,00592.904.64$4,663
May 2011015498.134.40$678
Apr 20110935105.964.33$4,052
Mar 201101,12296.364.06$4,552
Feb 201101,97285.644.18$8,243
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200603256.656.92$221
Nov 2006020954.207.62$1,592
Oct 200604,43854.906.01$26,689
Sep 200602,52860.085.04$12,734
Aug 200603,03868.717.34$22,299
Jul 200603,16469.376.34$20,068
Jun 20060066.286.38$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,731 Mcf  × $  3.05 =     $5,272

────────────────────────────────────────────────────
Month total                                   $5,272

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/231525 is the state's own key, not one this site invented.