HES

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 245310District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Dec 2008 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
210
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
GasProduction2,214,925 Mcf$8,194,965
Total$8,194,965

Every month this lease reported (210)

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

210 months

May 20264,941106.413.05$15,050
Apr 20264,75998.932.87$13,657
Mar 20264,94889.753.15$15,583
Feb 20264,29763.503.75$16,115
Jan 20264,81059.138.00$38,470
Dec 20255,01056.664.41$22,111
Nov 20254,93958.593.93$19,393
Oct 20255,14559.383.30$17,003
Sep 20254,97162.743.08$15,295
Aug 20255,12463.933.01$15,448
Jul 20255,06966.743.32$16,805
Jun 20254,93966.483.13$15,453
May 20255,10860.553.23$16,511
Apr 20255,02562.363.54$17,804
Mar 20255,16567.704.27$22,046
Feb 20254,82270.884.34$20,932
Jan 20255,36374.324.28$22,947
Dec 20245,27368.993.12$16,459
Nov 20245,31569.052.20$11,685
Oct 20245,58871.372.28$12,748
Sep 20245,59669.612.36$13,231
Aug 20245,66575.632.06$11,690
Jul 20245,63179.932.15$12,087
Jun 20245,00678.082.63$13,186
May 20245,67378.812.20$12,472
Apr 20245,29584.451.66$8,785
Mar 20245,29680.301.55$8,183
Feb 20245,10076.091.78$9,097
Jan 20245,83273.023.30$19,232
Dec 20235,62871.262.61$14,693
Nov 20235,68477.892.81$15,958
Oct 20235,83485.443.09$18,011
Sep 20235,65589.042.74$15,467
Aug 20236,09880.522.67$16,299
Jul 20236,09474.852.64$16,099
Jun 20236,41668.962.26$14,490
May 20236,12470.622.23$13,641
Apr 20235,67378.122.24$12,695
Mar 20235,87772.852.39$14,065
Feb 20235,11975.112.47$12,622
Jan 20235,77576.533.39$19,564
Dec 20225,68576.415.73$32,570
Nov 20225,52785.005.65$31,207
Oct 20226,04187.185.86$35,423
Sep 20225,41984.888.16$44,239
Aug 20225,64494.529.13$51,514
Jul 20226,363101.587.54$47,990
Jun 20226,345115.097.98$50,615
May 20226,521109.378.43$54,992
Apr 20226,291104.226.84$43,015
Mar 20226,542108.885.08$33,210
Feb 20225,22091.054.86$25,363
Jan 20226,05581.844.54$27,476
Dec 20215,80371.323.90$22,627
Nov 20216,16477.435.24$32,280
Oct 20216,51479.795.71$37,220
Sep 20215,82769.865.35$31,180
Aug 20215,69166.024.22$24,019
Jul 20216,22070.783.98$24,769
Jun 20216,14769.493.38$20,781
May 20216,50963.483.02$19,642
Apr 20215,99260.362.76$16,528
Mar 20215,52561.302.72$15,011
Feb 20215,25757.805.55$29,166
Jan 20215,81050.412.81$16,328
Dec 20206,43544.642.68$17,217
Nov 20206,60938.772.71$17,888
Oct 20207,07036.972.48$17,523
Sep 20206,70637.091.99$13,352
Aug 20206,54539.982.39$15,610
Jul 20206,60338.371.83$12,051
Jun 20206,31834.901.69$10,679
May 20206,85616.921.81$12,442
Apr 20206,89114.751.80$12,434
Mar 20206,57130.341.86$12,197
Feb 20206,44749.881.98$12,769
Jan 20207,72057.252.09$16,171
Dec 20197,84759.012.30$18,082
Nov 20197,53855.302.75$20,735
Oct 20197,28653.472.42$17,621
Sep 20197,51855.052.66$19,977
Aug 20198,90453.112.30$20,518
Jul 20198,78856.272.46$21,619
Jun 20198,20252.782.49$20,433
May 20196,35258.482.74$17,407
Apr 20196,56562.632.75$18,058
Mar 20197,11956.803.06$21,799
Feb 20196,50450.852.79$18,161
Jan 20197,53146.033.23$24,311
Dec 20188,47646.594.19$35,476
Nov 20187,71452.934.24$32,686
Oct 20187,70761.443.40$26,189
Sep 20187,51859.543.11$23,366
Aug 20187,97959.403.07$24,468
Jul 20188,13265.142.93$23,842
Jun 20188,34860.183.08$25,686
May 20188,50865.382.90$24,680
Apr 20187,83363.842.90$22,722
Mar 20189,90761.222.79$27,609
Feb 20187,70061.782.77$21,299
Jan 20185,49062.874.01$22,011
Dec 20177,74457.272.92$22,624
Nov 20177,02955.423.12$21,919
Oct 20177,73249.292.98$23,070
Sep 20179,65947.523.09$29,820
Aug 20178,64745.373.00$25,979
Jul 20177,60943.873.09$23,491
Jun 20177,41042.493.09$22,877
May 20177,78145.373.26$25,393
Apr 20177,63447.933.21$24,517
Mar 20177,88346.772.98$23,520
Feb 20177,28450.452.95$21,507
Jan 20177,77449.413.42$26,578
Dec 20167,91448.763.72$29,462
Nov 20167,91442.492.64$20,927
Oct 20168,32146.193.09$25,714
Sep 20167,96641.553.10$24,700
Aug 20168,23941.442.92$24,094
Jul 20168,13141.622.92$23,778
Jun 20168,28745.352.69$22,257
May 20168,60042.521.99$17,123
Apr 20168,11736.561.99$16,161
Mar 20168,99833.011.79$16,143
Feb 20168,01126.472.06$16,532
Jan 20168,65327.352.36$20,459
Dec 20159,04732.362.00$18,107
Nov 20158,76038.792.17$18,986
Oct 20159,10343.552.43$22,089
Sep 20158,75142.992.76$24,139
Aug 20159,23940.162.87$26,539
Jul 20159,29848.152.95$27,383
Jun 20159,06056.152.88$26,119
May 20159,24555.212.96$27,323
Apr 20159,23049.822.71$24,982
Mar 20159,59342.892.93$28,153
Feb 20158,73044.662.98$25,982
Jan 20159,65843.433.10$29,946
Dec 20149,76954.693.59$35,084
Nov 20149,72570.464.25$41,349
Oct 201410,22678.303.90$39,891
Sep 201410,06086.164.05$40,697
Aug 201410,48989.394.04$42,324
Jul 201410,32496.564.18$43,150
Jun 20149,95298.164.74$47,141
May 201410,70094.734.73$50,574
Apr 201410,46095.944.81$50,303
Mar 201410,52395.895.06$53,213
Feb 20149,79797.406.19$60,663
Jan 201410,52290.404.86$51,145
Dec 201310,57691.824.35$46,053
Nov 201310,96788.853.74$40,998
Oct 201311,56897.423.78$43,720
Sep 201311,123104.113.72$41,352
Aug 201311,727104.253.52$41,310
Jul 201311,840102.523.72$44,018
Jun 201311,54494.403.93$45,407
May 201312,21894.834.15$50,693
Apr 201312,09093.964.28$51,777
Mar 201312,63193.623.91$49,423
Feb 201311,18691.233.42$38,255
Jan 201311,70291.603.42$40,020
Dec 201212,49386.773.42$42,728
Nov 201212,74086.953.62$46,182
Oct 201212,66989.383.40$43,071
Sep 201212,30394.672.92$35,905
Aug 201213,05592.662.91$37,966
Jul 201213,18485.133.02$39,826
Jun 201213,18879.822.52$33,221
May 201214,10791.612.49$35,103
Apr 201213,925101.652.00$27,805
Mar 201214,498105.052.22$32,216
Feb 201213,917101.102.57$35,770
Jan 201215,10998.092.73$41,309
Dec 201115,27096.873.24$49,471
Nov 201114,87995.723.31$49,269
Oct 201116,03184.983.65$58,490
Sep 201115,90883.623.99$63,406
Aug 201115,36683.404.15$63,758
Jul 201116,92994.144.52$76,472
Jun 201116,88392.904.64$78,335
May 201116,67898.134.40$73,464
Apr 201116,348105.964.33$70,840
Mar 201117,66496.364.06$71,669
Feb 201116,42385.644.18$68,648
Jan 201118,56986.504.59$85,209
Dec 201019,01785.734.35$82,681
Nov 201019,72280.843.80$74,852
Oct 201019,77178.103.51$69,374
Sep 201019,66472.633.98$78,252
Aug 201021,21373.684.42$93,748
Jul 201021,95272.554.74$103,975
Jun 201021,92970.364.91$107,680
May 201023,12171.124.24$97,923
Apr 201023,56981.694.12$97,168
Mar 201025,38778.394.39$111,415
Feb 201024,50773.585.44$133,376
Jan 201028,76874.365.96$171,575
Dec 200916,47971.445.48$90,367
Nov 20099,83474.593.75$36,892
Oct 200927,41872.544.11$112,695
Sep 200926,01865.543.06$79,739
Aug 200927,97467.423.22$90,034
Jul 200930,60461.133.46$106,028
Jun 200931,61066.163.90$123,121
May 200936,40054.743.93$142,897
Apr 200938,31946.773.59$137,469
Mar 200943,74842.144.06$177,573
Feb 200944,10332.814.63$204,329
Jan 200956,70435.865.37$304,557
Dec 20085,15737.105.98$30,824

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                4,941 Mcf  × $  3.05 =    $15,050

────────────────────────────────────────────────────
Month total                                  $15,050

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/245310 is the state's own key, not one this site invented.