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 248827District 09Field 65280200GasSaveExport
Value, all time
$3.3 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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
GasProduction894,699 Mcf$3,265,120
Total$3,265,120

Every month this lease reported (215)

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

215 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 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202352070.622.23$1,158
Apr 2023078.122.24$0
Mar 202376572.852.39$1,831
Feb 202330375.112.47$747
Jan 202353776.533.39$1,819
Dec 202242976.415.73$2,458
Nov 202277985.005.65$4,398
Oct 20221,48887.185.86$8,725
Sep 202285584.888.16$6,980
Aug 20221,96994.529.13$17,971
Jul 20222,290101.587.54$17,271
Jun 2022638115.097.98$5,089
May 2022485109.378.43$4,090
Apr 20221,207104.226.84$8,253
Mar 20222,078108.885.08$10,549
Feb 20222,49791.054.86$12,133
Jan 20221,77681.844.54$8,059
Dec 20212,84071.323.90$11,074
Nov 20212,75477.435.24$14,422
Oct 20213,03779.795.71$17,353
Sep 20213,40769.865.35$18,231
Aug 20213,85366.024.22$16,262
Jul 20213,47770.783.98$13,846
Jun 20212,90769.493.38$9,827
May 20212,86663.483.02$8,649
Apr 20212,29460.362.76$6,328
Mar 20212,64361.302.72$7,181
Feb 20212,00457.805.55$11,118
Jan 20213,68950.412.81$10,367
Dec 20203,64644.642.68$9,755
Nov 20203,74438.772.71$10,133
Oct 20203,51636.972.48$8,714
Sep 20203,58637.091.99$7,140
Aug 20203,76939.982.39$8,989
Jul 20203,76438.371.83$6,870
Jun 20203,89834.901.69$6,589
May 20204,15616.921.81$7,542
Apr 20203,23314.751.80$5,834
Mar 20203,83930.341.86$7,126
Feb 20203,39949.881.98$6,732
Jan 20203,93557.252.09$8,243
Dec 20193,98759.012.30$9,187
Nov 20193,98955.302.75$10,973
Oct 20194,32153.472.42$10,451
Sep 20193,89755.052.66$10,355
Aug 20194,04653.112.30$9,323
Jul 20193,83456.272.46$9,432
Jun 20193,89252.782.49$9,696
May 20193,99958.482.74$10,959
Apr 20194,31662.632.75$11,872
Mar 20194,57856.803.06$14,018
Feb 20192,97850.852.79$8,315
Jan 20193,83446.033.23$12,377
Dec 20183,58746.594.19$15,013
Nov 20183,88552.934.24$16,462
Oct 20184,25661.443.40$14,462
Sep 20185,02859.543.11$15,627
Aug 20183,61659.403.07$11,089
Jul 20182,88765.142.93$8,464
Jun 20183,23960.183.08$9,966
May 20183,25865.382.90$9,451
Apr 20183,56263.842.90$10,333
Mar 20183,58661.222.79$9,994
Feb 2018061.782.77$0
Jan 20185,88862.874.01$23,607
Dec 20175,70857.272.92$16,676
Nov 20175,50855.423.12$17,176
Oct 201713,45549.292.98$40,145
Sep 20175,76747.523.09$17,804
Aug 20176,12345.373.00$18,396
Jul 20175,99343.873.09$18,502
Jun 20175,80342.493.09$17,915
May 20176,28645.373.26$20,514
Apr 20176,10147.933.21$19,594
Mar 20176,89546.772.98$20,572
Feb 20175,93350.452.95$17,518
Jan 20176,83549.413.42$23,368
Dec 20167,90648.763.72$29,433
Nov 20167,65042.492.64$20,229
Oct 20165,87846.193.09$18,165
Sep 20166,30841.553.10$19,559
Aug 2016041.442.92$0
Jul 20161,57741.622.92$4,612
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016236.561.99$4
Mar 2016033.011.79$0
Feb 201640326.472.06$832
Jan 20165,45027.352.36$12,886
Dec 20155,82932.362.00$11,666
Nov 20158,13438.792.17$17,629
Oct 20158,92743.552.43$21,662
Sep 20153,59442.992.76$9,914
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015942.892.93$26
Feb 20151,32444.662.98$3,940
Jan 201566243.433.10$2,053
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014578.303.90$20
Sep 2014186.164.05$4
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014295.895.06$10
Feb 2014497.406.19$25
Jan 2014790.404.86$34
Dec 20136491.824.35$279
Nov 20136788.853.74$250
Oct 2013097.423.78$0
Sep 20131104.113.72$4
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013194.403.93$4
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 20131093.623.91$39
Feb 2013991.233.42$31
Jan 20135891.603.42$198
Dec 20126186.773.42$209
Nov 201276886.953.62$2,784
Oct 201211989.383.40$405
Sep 20127194.672.92$207
Aug 20125,27892.662.91$15,349
Jul 20126,54185.133.02$19,759
Jun 20126,93779.822.52$17,475
May 20127,62491.612.49$18,971
Apr 20128,255101.652.00$16,484
Mar 20128,716105.052.22$19,368
Feb 20127,542101.102.57$19,385
Jan 20128,22698.092.73$22,491
Dec 20119,02596.873.24$29,239
Nov 20118,12595.723.31$26,904
Oct 20119,13084.983.65$33,311
Sep 20119,35183.623.99$37,271
Aug 20119,38383.404.15$38,933
Jul 20118,12794.144.52$36,712
Jun 20118,83192.904.64$40,975
May 20119,22198.134.40$40,617
Apr 201110,093105.964.33$43,736
Mar 201111,49196.364.06$46,623
Feb 20119,99385.644.18$41,771
Jan 201111,58586.504.59$53,161
Dec 201012,37385.734.35$53,795
Nov 201010,54280.843.80$40,010
Oct 20107,37378.103.51$25,871
Sep 20108,67072.633.98$34,502
Aug 201010,32473.684.42$45,625
Jul 201011,68672.554.74$55,351
Jun 201012,09570.364.91$59,391
May 201012,76271.124.24$54,050
Apr 201012,58881.694.12$51,896
Mar 201013,26778.394.39$58,224
Feb 201012,46273.585.44$67,823
Jan 201013,35474.365.96$79,644
Dec 200915,04571.445.48$82,503
Nov 200914,06974.593.75$52,780
Oct 200918,24672.544.11$74,996
Sep 200919,05965.543.06$58,411
Aug 200921,29867.423.22$68,548
Jul 200923,77861.133.46$82,379
Jun 200918,63866.163.90$72,595
May 200926,12554.743.93$102,560
Apr 200930,29546.773.59$108,683
Mar 200933,69042.144.06$136,748
Feb 200928,84332.814.63$133,630
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
Jul 20080131.0811.39$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.

May 2023 — as filed, then multipliedworked
Gas                  520 Mcf  × $  2.23 =     $1,158

────────────────────────────────────────────────────
Month total                                   $1,158

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/248827 is the state's own key, not one this site invented.