HOOPER

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 248689District 09Field 65280200GasSaveExport
Value, all time
$3.6 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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
GasProduction945,028 Mcf$3,601,770
Total$3,601,770

Every month this lease reported (214)

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

214 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 20231,43671.262.61$3,749
Nov 20232,53077.892.81$7,103
Oct 20233,08185.443.09$9,512
Sep 20232,91889.042.74$7,981
Aug 20232,73280.522.67$7,302
Jul 20233,11874.852.64$8,237
Jun 20233,03268.962.26$6,848
May 20232,45870.622.23$5,475
Apr 20231,90078.122.24$4,252
Mar 20233,12672.852.39$7,481
Feb 20233,05475.112.47$7,530
Jan 20232,79176.533.39$9,455
Dec 20223,71176.415.73$21,261
Nov 20223,28385.005.65$18,536
Oct 20225,37387.185.86$31,506
Sep 20223,31184.888.16$27,030
Aug 20223,37294.529.13$30,777
Jul 20224,288101.587.54$32,340
Jun 20223,752115.097.98$29,930
May 20224,253109.378.43$35,866
Apr 20224,476104.226.84$30,605
Mar 20224,009108.885.08$20,351
Feb 20223,92891.054.86$19,086
Jan 20224,29181.844.54$19,471
Dec 20214,27171.323.90$16,653
Nov 20214,68577.435.24$24,535
Oct 20215,16779.795.71$29,524
Sep 20212,39869.865.35$12,832
Aug 202153066.024.22$2,237
Jul 20211,82470.783.98$7,263
Jun 20211,57469.493.38$5,321
May 20213,09063.483.02$9,325
Apr 20213,37160.362.76$9,299
Mar 20213,56461.302.72$9,683
Feb 20211,20957.805.55$6,707
Jan 20212,97350.412.81$8,355
Dec 20203,19844.642.68$8,556
Nov 20203,24038.772.71$8,769
Oct 20202,98436.972.48$7,396
Sep 20202,86737.091.99$5,708
Aug 20202,74039.982.39$6,535
Jul 20202,93838.371.83$5,362
Jun 20203,44534.901.69$5,823
May 20203,62316.921.81$6,575
Apr 20203,02914.751.80$5,465
Mar 20203,24130.341.86$6,016
Feb 20202,65049.881.98$5,249
Jan 20204,00957.252.09$8,398
Dec 20192,39659.012.30$5,521
Nov 20196655.302.75$182
Oct 201917653.472.42$426
Sep 201965455.052.66$1,738
Aug 20191,38853.112.30$3,198
Jul 20191,31156.272.46$3,225
Jun 20191,68552.782.49$4,198
May 20191,89058.482.74$5,179
Apr 20192,25262.632.75$6,195
Mar 20192,48656.803.06$7,612
Feb 20191,77950.852.79$4,967
Jan 20192,66846.033.23$8,613
Dec 20182,73646.594.19$11,451
Nov 20182,75752.934.24$11,682
Oct 20182,98461.443.40$10,140
Sep 20183,01359.543.11$9,364
Aug 20184,57259.403.07$14,020
Jul 20183,65165.142.93$10,704
Jun 20184,78960.183.08$14,735
May 20183,45965.382.90$10,034
Apr 20181,56863.842.90$4,548
Mar 20181,38261.222.79$3,851
Feb 2018061.782.77$0
Jan 20182,52462.874.01$10,120
Dec 20172,39457.272.92$6,994
Nov 20172,55555.423.12$7,967
Oct 20178,14449.292.98$24,299
Sep 20172,74547.523.09$8,475
Aug 20172,86545.373.00$8,608
Jul 20172,87843.873.09$8,885
Jun 20172,33842.493.09$7,218
May 20172,13045.373.26$6,951
Apr 20172,10647.933.21$6,764
Mar 20172,68346.772.98$8,005
Feb 20173,08050.452.95$9,094
Jan 20173,33049.413.42$11,385
Dec 20163,91248.763.72$14,564
Nov 20163,44142.492.64$9,099
Oct 20164,21246.193.09$13,016
Sep 20163,89341.553.10$12,071
Aug 20167041.442.92$205
Jul 20164441.622.92$129
Jun 20163,24745.352.69$8,721
May 20163,14142.521.99$6,254
Apr 20164,45036.561.99$8,860
Mar 20166,18933.011.79$11,103
Feb 20167,38526.472.06$15,240
Jan 2016027.352.36$0
Dec 201534632.362.00$692
Nov 20153,51638.792.17$7,620
Oct 20154,23643.552.43$10,279
Sep 20153,47942.992.76$9,597
Aug 20154,08640.162.87$11,737
Jul 20153,76148.152.95$11,076
Jun 20154,17856.152.88$12,045
May 20153,80355.212.96$11,240
Apr 20153,99849.822.71$10,821
Mar 20154,32942.892.93$12,704
Feb 20154,30844.662.98$12,821
Jan 20155,99443.433.10$18,585
Dec 20146,45554.693.59$23,182
Nov 20143,46470.464.25$14,728
Oct 20143,96478.303.90$15,463
Sep 20143,71286.164.05$15,017
Aug 20144,41589.394.04$17,815
Jul 20144,99096.564.18$20,856
Jun 20144,57598.164.74$21,671
May 20142,70294.734.73$12,771
Apr 20144,88895.944.81$23,507
Mar 20145,00795.895.06$25,319
Feb 20145,07997.406.19$31,449
Jan 20145,01290.404.86$24,362
Dec 20135,53691.824.35$24,106
Nov 20134,69988.853.74$17,566
Oct 20134,49697.423.78$16,992
Sep 20133,886104.113.72$14,447
Aug 20134,623104.253.52$16,285
Jul 20132,506102.523.72$9,317
Jun 20133,47594.403.93$13,669
May 20133,72294.834.15$15,443
Apr 20136,34893.964.28$27,186
Mar 20137,69893.623.91$30,121
Feb 20135,72091.233.42$19,562
Jan 20138,34191.603.42$28,525
Dec 20127,44586.773.42$25,463
Nov 20129,51886.953.62$34,502
Oct 20128,45289.383.40$28,734
Sep 20128,93094.672.92$26,061
Aug 20125,75692.662.91$16,739
Jul 20125,42185.133.02$16,376
Jun 20125,49879.822.52$13,850
May 20124,98691.612.49$12,407
Apr 20123,997101.652.00$7,981
Mar 20125,226105.052.22$11,613
Feb 20126,361101.102.57$16,349
Jan 20127,37198.092.73$20,153
Dec 20115,62796.873.24$18,230
Nov 20117,07595.723.31$23,427
Oct 20112,61884.983.65$9,552
Sep 20115,79283.623.99$23,086
Aug 20114,66283.404.15$19,344
Jul 20116,80594.144.52$30,740
Jun 20116,93792.904.64$32,187
May 20119,16698.134.40$40,375
Apr 20117,581105.964.33$32,851
Mar 20116,90296.364.06$28,004
Feb 20115,36385.644.18$22,417
Jan 20117,38786.504.59$33,897
Dec 20108,40885.734.35$36,556
Nov 20108,18480.843.80$31,061
Oct 201092778.103.51$3,253
Sep 20102,91572.633.98$11,600
Aug 201010,49073.684.42$46,359
Jul 201011,29872.554.74$53,513
Jun 201011,52370.364.91$56,583
May 201012,38671.124.24$52,457
Apr 201012,09981.694.12$49,880
Mar 201012,84878.394.39$56,386
Feb 201012,15573.585.44$66,152
Jan 201014,78474.365.96$88,173
Dec 200915,33971.445.48$84,115
Nov 200915,67674.593.75$58,809
Oct 200916,85272.544.11$69,266
Sep 200917,64865.543.06$54,087
Aug 200919,99667.423.22$64,357
Jul 200915,70561.133.46$54,410
Jun 200917,09966.163.90$66,601
May 200923,68254.743.93$92,970
Apr 200927,14446.773.59$97,379
Mar 200933,32442.144.06$135,262
Feb 200926,06232.814.63$120,745
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$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.

Dec 2023 — as filed, then multipliedworked
Gas                1,436 Mcf  × $  2.61 =     $3,749

────────────────────────────────────────────────────
Month total                                   $3,749

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/248689 is the state's own key, not one this site invented.