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 248120District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Jun 2008 – May 2026
Value, last 12 filed months
$84 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
GasProduction1,040,036 Mcf$4,327,804
Total$4,327,804

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 20261,518106.413.05$4,624
Apr 20261,41798.932.87$4,066
Mar 20261,63489.753.15$5,146
Feb 20261,46163.503.75$5,479
Jan 20261,86059.138.00$14,876
Dec 20252,03656.664.41$8,986
Nov 20251,88258.593.93$7,390
Oct 20251,89359.383.30$6,256
Sep 20251,84362.743.08$5,671
Aug 20251,99263.933.01$6,005
Jul 20252,20666.743.32$7,313
Jun 20252,64166.483.13$8,263
May 20252,85060.553.23$9,212
Apr 20251,49562.363.54$5,297
Mar 20251,69567.704.27$7,235
Feb 20251,46770.884.34$6,368
Jan 20251,66474.324.28$7,120
Dec 20241,62268.993.12$5,063
Nov 20241,52669.052.20$3,355
Oct 20241,65971.372.28$3,785
Sep 20241,78869.612.36$4,227
Aug 20241,92875.632.06$3,979
Jul 20241,83879.932.15$3,945
Jun 20241,82378.082.63$4,802
May 20241,84378.812.20$4,052
Apr 20241,78984.451.66$2,968
Mar 20241,73180.301.55$2,675
Feb 20241,54376.091.78$2,752
Jan 20241,54173.023.30$5,082
Dec 20231,69571.262.61$4,425
Nov 20231,72877.892.81$4,851
Oct 20231,97685.443.09$6,100
Sep 20232,12889.042.74$5,820
Aug 20232,24380.522.67$5,995
Jul 20232,01674.852.64$5,326
Jun 20232,00768.962.26$4,533
May 20232,20270.622.23$4,905
Apr 20232,35378.122.24$5,265
Mar 20232,49272.852.39$5,964
Feb 20232,26175.112.47$5,575
Jan 20232,59976.533.39$8,805
Dec 20222,62976.415.73$15,062
Nov 20222,60285.005.65$14,691
Oct 20222,72187.185.86$15,955
Sep 20222,79484.888.16$22,809
Aug 20222,95094.529.13$26,925
Jul 20222,878101.587.54$21,706
Jun 20222,821115.097.98$22,504
May 20222,922109.378.43$24,641
Apr 20222,859104.226.84$19,549
Mar 20222,933108.885.08$14,889
Feb 20222,69791.054.86$13,104
Jan 20223,02781.844.54$13,736
Dec 20213,04371.323.90$11,865
Nov 20212,94677.435.24$15,428
Oct 20213,08079.795.71$17,599
Sep 20212,99269.865.35$16,010
Aug 20213,36766.024.22$14,211
Jul 20214,50270.783.98$17,927
Jun 20213,56069.493.38$12,035
May 20213,44363.483.02$10,390
Apr 20212,98860.362.76$8,242
Mar 20213,89761.302.72$10,588
Feb 20212,98857.805.55$16,577
Jan 20213,26050.412.81$9,161
Dec 20203,08644.642.68$8,256
Nov 20203,03638.772.71$8,217
Oct 20203,17936.972.48$7,879
Sep 20203,19437.091.99$6,359
Aug 20203,32639.982.39$7,933
Jul 20202,88438.371.83$5,264
Jun 20202,84734.901.69$4,812
May 20203,05716.921.81$5,548
Apr 20203,07814.751.80$5,554
Mar 20203,19630.341.86$5,933
Feb 20203,02149.881.98$5,984
Jan 20203,27257.252.09$6,854
Dec 20193,34159.012.30$7,699
Nov 20193,27355.302.75$9,003
Oct 20193,46253.472.42$8,373
Sep 20193,35655.052.66$8,918
Aug 20193,45453.112.30$7,959
Jul 20193,42756.272.46$8,431
Jun 20193,45452.782.49$8,605
May 20193,49258.482.74$9,569
Apr 20193,25362.632.75$8,948
Mar 20193,27256.803.06$10,019
Feb 20192,92250.852.79$8,159
Jan 20193,21146.033.23$10,366
Dec 20183,27646.594.19$13,712
Nov 20183,23652.934.24$13,712
Oct 20183,39761.443.40$11,543
Sep 20183,42559.543.11$10,645
Aug 20183,52559.403.07$10,810
Jul 20183,60165.142.93$10,558
Jun 20183,39260.183.08$10,437
May 20183,37665.382.90$9,793
Apr 20183,13063.842.90$9,080
Mar 20183,34461.222.79$9,319
Feb 20182,95561.782.77$8,174
Jan 20183,41562.874.01$13,692
Dec 20173,52057.272.92$10,284
Nov 20173,47355.423.12$10,830
Oct 20173,56049.292.98$10,622
Sep 20173,45647.523.09$10,670
Aug 20173,59545.373.00$10,801
Jul 20173,81343.873.09$11,772
Jun 20173,63042.493.09$11,207
May 20173,73545.373.26$12,189
Apr 20173,56547.933.21$11,449
Mar 20173,76446.772.98$11,231
Feb 20173,35450.452.95$9,903
Jan 20173,59149.413.42$12,277
Dec 20163,56548.763.72$13,272
Nov 20163,63842.492.64$9,620
Oct 20163,82446.193.09$11,817
Sep 20163,62141.553.10$11,227
Aug 20163,95841.442.92$11,575
Jul 20163,74641.622.92$10,955
Jun 20164,10545.352.69$11,025
May 20164,06442.521.99$8,092
Apr 20164,07536.561.99$8,113
Mar 20164,19733.011.79$7,529
Feb 20163,88426.472.06$8,015
Jan 20163,90727.352.36$9,238
Dec 20153,88932.362.00$7,783
Nov 20153,76638.792.17$8,162
Oct 20153,97243.552.43$9,638
Sep 20153,94842.992.76$10,890
Aug 20154,13340.162.87$11,872
Jul 20154,03248.152.95$11,875
Jun 20154,07756.152.88$11,753
May 20154,18555.212.96$12,369
Apr 20154,16649.822.71$11,276
Mar 20154,33942.892.93$12,734
Feb 20153,90844.662.98$11,631
Jan 20154,42843.433.10$13,730
Dec 20144,32354.693.59$15,525
Nov 20143,55070.464.25$15,094
Oct 20144,61278.303.90$17,991
Sep 20144,33786.164.05$17,545
Aug 20144,83089.394.04$19,490
Jul 20145,27496.564.18$22,043
Jun 20144,96598.164.74$23,519
May 20144,86094.734.73$22,971
Apr 20144,77395.944.81$22,954
Mar 20144,91995.895.06$24,874
Feb 20144,54597.406.19$28,143
Jan 20145,05290.404.86$24,556
Dec 20135,02091.824.35$21,859
Nov 20134,78988.853.74$17,903
Oct 20135,00497.423.78$18,912
Sep 20135,125104.113.72$19,053
Aug 20135,440104.253.52$19,163
Jul 20135,151102.523.72$19,150
Jun 20135,01594.403.93$19,726
May 20135,41394.834.15$22,459
Apr 20135,61893.964.28$24,060
Mar 20135,89693.623.91$23,070
Feb 20135,26791.233.42$18,013
Jan 20136,12191.603.42$20,933
Dec 20126,27286.773.42$21,451
Nov 20126,40586.953.62$23,218
Oct 20126,42489.383.40$21,840
Sep 20126,23394.672.92$18,190
Aug 20126,16992.662.91$17,940
Jul 20124,55585.133.02$13,760
Jun 20124,61479.822.52$11,623
May 20125,20691.612.49$12,954
Apr 20125,554101.652.00$11,090
Mar 20125,889105.052.22$13,086
Feb 20125,370101.102.57$13,802
Jan 20125,81598.092.73$15,899
Dec 20116,09596.873.24$19,746
Nov 20115,84095.723.31$19,338
Oct 20116,39184.983.65$23,318
Sep 20116,18783.623.99$24,660
Aug 20116,82583.404.15$28,319
Jul 20116,80694.144.52$30,744
Jun 20116,68592.904.64$31,018
May 20117,05298.134.40$31,063
Apr 20116,791105.964.33$29,427
Mar 20117,48796.364.06$30,377
Feb 20116,19185.644.18$25,878
Jan 20117,89086.504.59$36,205
Dec 20108,06385.734.35$35,056
Nov 20107,94480.843.80$30,150
Oct 20108,19278.103.51$28,745
Sep 20107,84572.633.98$31,219
Aug 20108,22773.684.42$36,358
Jul 20108,44072.554.74$39,976
Jun 20108,24670.364.91$40,491
May 20108,90771.124.24$37,723
Apr 20109,10281.694.12$37,525
Mar 20109,56978.394.39$41,995
Feb 20109,06073.585.44$49,308
Jan 201010,35174.365.96$61,734
Dec 20098,28071.445.48$45,405
Nov 200910,12974.593.75$37,999
Oct 200910,74872.544.11$44,177
Sep 200910,51265.543.06$32,217
Aug 200910,97067.423.22$35,307
Jul 200911,71161.133.46$40,573
Jun 200912,03366.163.90$46,869
May 200913,41154.743.93$52,648
Apr 200913,22646.773.59$47,448
Mar 200913,69442.144.06$55,584
Feb 200912,89932.814.63$59,761
Jan 200914,32535.865.37$76,940
Dec 200815,90137.105.98$95,043
Nov 200816,60155.496.86$113,889
Oct 200818,86375.246.92$130,569
Sep 200821,786101.767.88$171,610
Aug 200830,398114.228.48$257,867
Jul 200813,599131.0811.39$154,885
Jun 2008927131.3313.03$12,081

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                1,518 Mcf  × $  3.05 =     $4,624

────────────────────────────────────────────────────
Month total                                   $4,624

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/248120 is the state's own key, not one this site invented.