HYDE-HICKMAN WEST

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 240724District 09Field 65280200GasSaveExport
Value, all time
$11.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$241 k
at the published price for each month
Months reported
216
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
GasProduction2,807,893 Mcf$11,774,769
Total$11,774,769

Every month this lease reported (216)

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

216 months

May 20265,197106.413.05$15,829
Apr 20264,84498.932.87$13,901
Mar 20265,23689.753.15$16,490
Feb 20264,95463.503.75$18,579
Jan 20265,25259.138.00$42,005
Dec 20255,48756.664.41$24,216
Nov 20255,50858.593.93$21,627
Oct 20255,64659.383.30$18,659
Sep 20255,59362.743.08$17,209
Aug 20255,88763.933.01$17,748
Jul 20255,83666.743.32$19,348
Jun 20254,82066.483.13$15,080
May 20255,08260.553.23$16,427
Apr 20255,01962.363.54$17,783
Mar 20255,21967.704.27$22,276
Feb 20254,78670.884.34$20,775
Jan 20255,39874.324.28$23,096
Dec 20245,44968.993.12$17,008
Nov 20245,27569.052.20$11,597
Oct 20245,55871.372.28$12,680
Sep 20245,43069.612.36$12,838
Aug 20245,64575.632.06$11,649
Jul 20246,02379.932.15$12,929
Jun 20245,95878.082.63$15,693
May 20246,33878.812.20$13,934
Apr 20246,33984.451.66$10,518
Mar 20246,41580.301.55$9,912
Feb 20246,03076.091.78$10,755
Jan 20246,61873.023.30$21,824
Dec 20236,53271.262.61$17,053
Nov 20236,00877.892.81$16,868
Oct 20236,13985.443.09$18,953
Sep 20235,90089.042.74$16,137
Aug 20235,78480.522.67$15,460
Jul 20236,58774.852.64$17,402
Jun 20236,18968.962.26$13,978
May 20236,25170.622.23$13,923
Apr 20236,38078.122.24$14,277
Mar 20236,63972.852.39$15,888
Feb 20236,26075.112.47$15,435
Jan 20236,88776.533.39$23,331
Dec 20226,84276.415.73$39,198
Nov 20227,21285.005.65$40,720
Oct 20224,54187.185.86$26,627
Sep 20225,96584.888.16$48,696
Aug 20226,46394.529.13$58,989
Jul 20226,288101.587.54$47,425
Jun 20226,364115.097.98$50,767
May 20226,559109.378.43$55,312
Apr 20226,348104.226.84$43,405
Mar 20226,718108.885.08$34,103
Feb 20226,29791.054.86$30,596
Jan 20227,03681.844.54$31,927
Dec 20217,09671.323.90$27,668
Nov 20216,88577.435.24$36,056
Oct 20217,19779.795.71$41,123
Sep 20216,82669.865.35$36,525
Aug 20217,46466.024.22$31,502
Jul 202110,12570.783.98$40,319
Jun 20218,25869.493.38$27,917
May 20218,32163.483.02$25,110
Apr 20217,17360.362.76$19,786
Mar 20219,79761.302.72$26,618
Feb 20216,89557.805.55$38,253
Jan 20217,57950.412.81$21,299
Dec 20207,33144.642.68$19,614
Nov 20207,10438.772.71$19,227
Oct 20207,38536.972.48$18,303
Sep 20207,13137.091.99$14,198
Aug 20207,65839.982.39$18,265
Jul 20207,79338.371.83$14,223
Jun 20207,25934.901.69$12,270
May 20207,68816.921.81$13,952
Apr 20207,78614.751.80$14,049
Mar 20207,84830.341.86$14,568
Feb 20207,51549.881.98$14,885
Jan 20208,02257.252.09$16,804
Dec 20198,15659.012.30$18,794
Nov 20198,11455.302.75$22,319
Oct 20198,57253.472.42$20,732
Sep 20198,18855.052.66$21,758
Aug 20198,31953.112.30$19,170
Jul 20198,56456.272.46$21,068
Jun 20198,27152.782.49$20,605
May 20199,00858.482.74$24,685
Apr 20198,92862.632.75$24,558
Mar 20199,51356.803.06$29,130
Feb 20198,43550.852.79$23,552
Jan 20198,91246.033.23$28,770
Dec 20188,83146.594.19$36,962
Nov 20188,91652.934.24$37,779
Oct 20189,35261.443.40$31,779
Sep 20188,96859.543.11$27,873
Aug 20189,40759.403.07$28,847
Jul 20189,61365.142.93$28,184
Jun 20189,18160.183.08$28,249
May 20189,22465.382.90$26,757
Apr 20188,93563.842.90$25,919
Mar 20188,44561.222.79$23,535
Feb 20188,50361.782.77$23,520
Jan 20189,79962.874.01$39,287
Dec 20178,77657.272.92$25,639
Nov 20177,89355.423.12$24,613
Oct 20178,14849.292.98$24,311
Sep 20178,11247.523.09$25,044
Aug 20178,62545.373.00$25,913
Jul 20178,77643.873.09$27,094
Jun 20178,44442.493.09$26,069
May 20178,63945.373.26$28,193
Apr 20178,32147.933.21$26,724
Mar 20178,65946.772.98$25,836
Feb 20177,77450.452.95$22,954
Jan 20178,43649.413.42$28,841
Dec 20168,83848.763.72$32,902
Nov 20168,42642.492.64$22,281
Oct 20168,92046.193.09$27,565
Sep 20168,60441.553.10$26,678
Aug 20169,43541.442.92$27,591
Jul 20169,51841.622.92$27,834
Jun 20169,39745.352.69$25,239
May 20169,90842.521.99$19,727
Apr 20169,61736.561.99$19,148
Mar 201610,05033.011.79$18,030
Feb 20169,76826.472.06$20,158
Jan 20169,85227.352.36$23,294
Dec 20159,40632.362.00$18,825
Nov 20159,15238.792.17$19,835
Oct 20159,70643.552.43$23,552
Sep 20159,69742.992.76$26,748
Aug 20159,98740.162.87$28,688
Jul 20159,95648.152.95$29,321
Jun 20159,96256.152.88$28,719
May 201510,39055.212.96$30,707
Apr 201510,41849.822.71$28,197
Mar 201510,85242.892.93$31,847
Feb 20159,88144.662.98$29,408
Jan 201511,17443.433.10$34,646
Dec 201411,22854.693.59$40,324
Nov 20148,87070.464.25$37,714
Oct 201411,88878.303.90$46,375
Sep 20149,52286.164.05$38,521
Aug 20148,61889.394.04$34,775
Jul 20149,42096.564.18$39,372
Jun 20149,64598.164.74$45,687
May 201410,77494.734.73$50,924
Apr 201411,26895.944.81$54,189
Mar 201412,37795.895.06$62,588
Feb 201411,16297.406.19$69,115
Jan 201412,69490.404.86$61,702
Dec 201312,77891.824.35$55,642
Nov 201312,26988.853.74$45,865
Oct 201312,20597.423.78$46,127
Sep 201313,118104.113.72$48,769
Aug 201313,552104.253.52$47,738
Jul 201313,744102.523.72$51,097
Jun 201313,35794.403.93$52,539
May 201315,30894.834.15$63,514
Apr 201315,81193.964.28$67,712
Mar 201314,61893.623.91$57,198
Feb 201312,78891.233.42$43,734
Jan 201314,48491.603.42$49,534
Dec 201214,82186.773.42$50,690
Nov 201214,42686.953.62$52,294
Oct 201214,79689.383.40$50,302
Sep 201214,52094.672.92$42,375
Aug 201215,41592.662.91$44,829
Jul 201216,81985.133.02$50,807
Jun 201215,46879.822.52$38,965
May 201216,23991.612.49$40,408
Apr 201216,128101.652.00$32,204
Mar 201218,496105.052.22$41,100
Feb 201217,196101.102.57$44,198
Jan 201220,18798.092.73$55,193
Dec 201120,56696.873.24$66,628
Nov 201120,73195.723.31$68,646
Oct 201123,61184.983.65$86,146
Sep 201122,75283.623.99$90,685
Aug 201116,06183.404.15$66,642
Jul 201117,19194.144.52$77,656
Jun 201117,37592.904.64$80,618
May 201118,32698.134.40$80,723
Apr 201117,595105.964.33$76,244
Mar 201120,53596.364.06$83,317
Feb 201116,65885.644.18$69,630
Jan 201119,70286.504.59$90,408
Dec 201020,35385.734.35$88,490
Nov 201020,01080.843.80$75,945
Oct 201020,61678.103.51$72,339
Sep 201021,35572.633.98$84,982
Aug 201021,17173.684.42$93,562
Jul 201021,52972.554.74$101,972
Jun 201020,92370.364.91$102,740
May 201025,69171.124.24$108,807
Apr 201023,69181.694.12$97,671
Mar 201023,88578.394.39$104,823
Feb 201023,66373.585.44$128,783
Jan 201026,66474.365.96$159,027
Dec 200926,97171.445.48$147,902
Nov 200927,64774.593.75$103,718
Oct 200932,44772.544.11$133,365
Sep 200931,95065.543.06$97,919
Aug 200932,82467.423.22$105,644
Jul 200936,24261.133.46$125,560
Jun 200936,04466.163.90$140,391
May 200938,28754.743.93$150,305
Apr 200938,29946.773.59$137,398
Mar 200938,46642.144.06$156,133
Feb 200936,98132.814.63$171,333
Jan 200945,69735.865.37$245,439
Dec 200848,31437.105.98$288,780
Nov 200852,00855.496.86$356,794
Oct 200859,97175.246.92$415,118
Sep 200864,178101.767.88$505,536
Aug 200891,774114.228.48$778,521
Jul 200835,415131.0811.39$403,357
Jun 20084,877131.3313.03$63,560

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                5,197 Mcf  × $  3.05 =    $15,829

────────────────────────────────────────────────────
Month total                                  $15,829

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/240724 is the state's own key, not one this site invented.