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 246136District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.0 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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
CondensateDisposition2 bbl$140
GasProduction694,527 Mcf$3,991,641
Total$3,991,780

Every month this lease reported (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202314068.962.26$159
May 20231070.622.23$71
Apr 2023066878.122.24$1,495
Mar 2023037272.852.39$890
Feb 2023059975.112.47$1,477
Jan 2023033376.533.39$1,128
Dec 2022061176.415.73$3,500
Nov 202201,01785.005.65$5,742
Oct 202201,09387.185.86$6,409
Sep 202201,32684.888.16$10,825
Aug 202202,03694.529.13$18,583
Jul 20220580101.587.54$4,374
Jun 202201,203115.097.98$9,597
May 202201,097109.378.43$9,251
Apr 202201,720104.226.84$11,761
Mar 202202,668108.885.08$13,544
Feb 202201,29291.054.86$6,278
Jan 202202,02781.844.54$9,198
Dec 202101,83171.323.90$7,139
Nov 202101,79477.435.24$9,395
Oct 202101,32079.795.71$7,542
Sep 202101,51569.865.35$8,107
Aug 202101,13266.024.22$4,778
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021044163.483.02$1,331
Apr 202101,24960.362.76$3,445
Mar 2021028361.302.72$769
Feb 20210057.805.55$0
Jan 2021042450.412.81$1,192
Dec 202001,49344.642.68$3,994
Nov 202001,57438.772.71$4,260
Oct 2020079636.972.48$1,973
Sep 202001,82937.091.99$3,642
Aug 202001,66739.982.39$3,976
Jul 202001,54538.371.83$2,820
Jun 2020092034.901.69$1,555
May 2020047716.921.81$866
Apr 202001,99514.751.80$3,600
Mar 202001,55830.341.86$2,892
Feb 202001,87049.881.98$3,704
Jan 2020088957.252.09$1,862
Dec 2019054859.012.30$1,263
Nov 201901,58455.302.75$4,357
Oct 2019022853.472.42$551
Sep 2019079155.052.66$2,102
Aug 201901,37353.112.30$3,164
Jul 2019044056.272.46$1,082
Jun 201901,27852.782.49$3,184
May 201902,09758.482.74$5,746
Apr 201901,76362.632.75$4,849
Mar 201902,40456.803.06$7,361
Feb 201901,65550.852.79$4,621
Jan 201902,40046.033.23$7,748
Dec 201802,86746.594.19$12,000
Nov 201802,79852.934.24$11,856
Oct 2018032261.443.40$1,094
Sep 201809659.543.11$298
Aug 2018033859.403.07$1,037
Jul 201802,18965.142.93$6,418
Jun 201802,45360.183.08$7,548
May 201801,63565.382.90$4,743
Apr 201803,50163.842.90$10,156
Mar 201802,21961.222.79$6,184
Feb 201802,34061.782.77$6,473
Jan 201801,63362.874.01$6,547
Dec 201703,84357.272.92$11,227
Nov 201705,12855.423.12$15,991
Oct 201705,34549.292.98$15,948
Sep 201704,02747.523.09$12,432
Aug 201703,78545.373.00$11,372
Jul 201703,06843.873.09$9,472
Jun 201702,28242.493.09$7,045
May 201703,21545.373.26$10,492
Apr 201703,38747.933.21$10,878
Mar 201704,18246.772.98$12,478
Feb 201703,44650.452.95$10,175
Jan 201701,27049.413.42$4,342
Dec 201604,18148.763.72$15,565
Nov 201604,98742.492.64$13,187
Oct 201603,46346.193.09$10,702
Sep 201602,48041.553.10$7,690
Aug 201605,02241.442.92$14,686
Jul 2016024541.622.92$716
Jun 2016012045.352.69$322
May 201603,90442.521.99$7,773
Apr 201603,75136.561.99$7,468
Mar 201605,07233.011.79$9,099
Feb 201605,24426.472.06$10,822
Jan 201604,34827.352.36$10,280
Dec 201504,44132.362.00$8,888
Nov 201502,74238.792.17$5,943
Oct 201502,44443.552.43$5,931
Sep 201505,42042.992.76$14,951
Aug 201503,80640.162.87$10,933
Jul 201503,36048.152.95$9,895
Jun 201505,10256.152.88$14,708
May 201502,81055.212.96$8,305
Apr 201505,60049.822.71$15,157
Mar 201504,14042.892.93$12,150
Feb 201504,04844.662.98$12,048
Jan 201504,66143.433.10$14,452
Dec 201401,07054.693.59$3,843
Nov 2014064770.464.25$2,751
Oct 2014065378.303.90$2,547
Sep 2014061186.164.05$2,472
Aug 2014070089.394.04$2,825
Jul 201402,52496.564.18$10,549
Jun 201403,52398.164.74$16,688
May 201404,91594.734.73$23,231
Apr 201407,35495.944.81$35,366
Mar 201407,62895.895.06$38,573
Feb 201405,82297.406.19$36,050
Jan 2014046890.404.86$2,275
Dec 201308,43991.824.35$36,747
Nov 201309,60388.853.74$35,899
Oct 201309,02297.423.78$34,097
Sep 201309,876104.113.72$36,716
Aug 201308,963104.253.52$31,573
Jul 201308,758102.523.72$32,560
Jun 201309,44794.403.93$37,159
May 2013010,66294.834.15$44,237
Apr 201309,71993.964.28$41,622
Mar 201307,72193.623.91$30,211
Feb 201305,58491.233.42$19,097
Jan 201305,92091.603.42$20,246
Dec 201206,77486.773.42$23,168
Nov 201206,45386.953.62$23,392
Oct 201207,85389.383.40$26,698
Sep 201207,87494.672.92$22,979
Aug 201203,83792.662.91$11,159
Jul 201202,46085.133.02$7,431
Jun 201204,21379.822.52$10,613
May 2012010,62691.612.49$26,441
Apr 201205,409101.652.00$10,801
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201108195.723.31$268
Oct 201103,31984.983.65$12,110
Sep 201104,78183.623.99$19,056
Aug 201105,90483.404.15$24,498
Jul 201106,21194.144.52$28,057
Jun 201106,03892.904.64$28,016
May 201105,19698.134.40$22,887
Apr 201105,157105.964.33$22,347
Mar 201105,36996.364.06$21,784
Feb 201102,47085.644.18$10,325
Jan 201104,95486.504.59$22,733
Dec 2010047785.734.35$2,074
Nov 20100080.843.80$0
Oct 201004,79778.103.51$16,832
Sep 2010022172.633.98$879
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 201003,77374.365.96$22,503
Dec 200901,21071.445.48$6,635
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 200802,84437.105.98$16,999
Nov 200805,14455.496.86$35,290
Oct 2008025,17975.246.92$174,289
Sep 2008015,858101.767.88$124,915
Aug 2008034,234114.228.48$290,408
Jul 2008046,383131.0811.39$528,276
Jun 2008053,522131.3313.03$697,532
May 2008037,672123.1711.57$436,027

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.

Jun 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 68.96 =        $69
Gas                   40 Mcf  × $  2.26 =        $90

────────────────────────────────────────────────────
Month total                                     $159

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/246136 is the state's own key, not one this site invented.