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 249250District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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
GasProduction1,075,430 Mcf$3,957,085
Total$3,957,085

Every month this lease reported (209)

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

209 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 20231,22271.262.61$3,190
Nov 20232,92677.892.81$8,215
Oct 20233,95385.443.09$12,204
Sep 20233,30989.042.74$9,050
Aug 20234,09480.522.67$10,943
Jul 20233,70974.852.64$9,798
Jun 20233,50168.962.26$7,907
May 20233,55570.622.23$7,918
Apr 20232,90678.122.24$6,503
Mar 20233,35372.852.39$8,024
Feb 20232,26175.112.47$5,575
Jan 20232,77276.533.39$9,391
Dec 20222,56576.415.73$14,695
Nov 20223,05485.005.65$17,243
Oct 20225,11287.185.86$29,976
Sep 20224,52284.888.16$36,916
Aug 20225,57694.529.13$50,893
Jul 20221,493101.587.54$11,260
Jun 20222,775115.097.98$22,137
May 20222,016109.378.43$17,001
Apr 20220104.226.84$0
Mar 20221,315108.885.08$6,675
Feb 20222,32091.054.86$11,273
Jan 20223,31781.844.54$15,051
Dec 20213,25371.323.90$12,684
Nov 20213,40677.435.24$17,837
Oct 20213,75679.795.71$21,461
Sep 20213,68469.865.35$19,713
Aug 20213,64466.024.22$15,380
Jul 20213,59670.783.98$14,320
Jun 20213,42869.493.38$11,589
May 20213,39563.483.02$10,245
Apr 20213,21660.362.76$8,871
Mar 20213,32961.302.72$9,045
Feb 20212,01257.805.55$11,162
Jan 20212,94450.412.81$8,273
Dec 20202,72444.642.68$7,288
Nov 20202,90338.772.71$7,857
Oct 20202,73036.972.48$6,766
Sep 20202,75037.091.99$5,475
Aug 20202,84139.982.39$6,776
Jul 20202,78038.371.83$5,074
Jun 20202,58734.901.69$4,373
May 20203,03816.921.81$5,513
Apr 20204,65914.751.80$8,407
Mar 20204,16730.341.86$7,735
Feb 20203,54149.881.98$7,014
Jan 20203,53257.252.09$7,399
Dec 20193,59659.012.30$8,286
Nov 20193,54755.302.75$9,757
Oct 20193,57853.472.42$8,654
Sep 20193,40555.052.66$9,048
Aug 20193,57153.112.30$8,229
Jul 20193,91456.272.46$9,629
Jun 20194,16952.782.49$10,386
May 20194,32858.482.74$11,860
Apr 20194,22362.632.75$11,616
Mar 20194,42856.803.06$13,559
Feb 20192,91650.852.79$8,142
Jan 20194,51446.033.23$14,572
Dec 20184,77846.594.19$19,998
Nov 20184,82252.934.24$20,432
Oct 20184,93861.443.40$16,780
Sep 20185,13659.543.11$15,963
Aug 20185,11159.403.07$15,673
Jul 20184,08065.142.93$11,962
Jun 20183,98260.183.08$12,252
May 20182,53865.382.90$7,362
Apr 20182,54163.842.90$7,371
Mar 20182,81261.222.79$7,837
Feb 2018061.782.77$0
Jan 20184,45762.874.01$17,870
Dec 20174,30257.272.92$12,568
Nov 20174,42355.423.12$13,793
Oct 201712,11449.292.98$36,144
Sep 20174,53247.523.09$13,992
Aug 20175,15545.373.00$15,488
Jul 20174,48543.873.09$13,846
Jun 20174,65442.493.09$14,368
May 20174,81645.373.26$15,717
Apr 20174,92447.933.21$15,814
Mar 20175,11546.772.98$15,262
Feb 20174,87950.452.95$14,406
Jan 20175,34249.413.42$18,263
Dec 20164,98248.763.72$18,547
Nov 20163,74742.492.64$9,908
Oct 20164,33746.193.09$13,402
Sep 20163,15041.553.10$9,767
Aug 20162,88341.442.92$8,431
Jul 20164,54641.622.92$13,294
Jun 20163,73245.352.69$10,024
May 20163,69742.521.99$7,361
Apr 20164,02336.561.99$8,010
Mar 20167,78533.011.79$13,966
Feb 20168,67826.472.06$17,908
Jan 20163,46227.352.36$8,185
Dec 20154,73532.362.00$9,477
Nov 20155,15938.792.17$11,181
Oct 20155,08543.552.43$12,339
Sep 20154,65142.992.76$12,829
Aug 20155,20140.162.87$14,940
Jul 20154,34648.152.95$12,799
Jun 20155,01556.152.88$14,458
May 20154,63155.212.96$13,687
Apr 20154,44649.822.71$12,033
Mar 20154,98042.892.93$14,615
Feb 20154,58844.662.98$13,655
Jan 20156,91743.433.10$21,447
Dec 20147,05954.693.59$25,351
Nov 20144,44570.464.25$18,899
Oct 20144,27078.303.90$16,657
Sep 20143,81486.164.05$15,429
Aug 20144,40089.394.04$17,755
Jul 20143,59996.564.18$15,042
Jun 20143,73498.164.74$17,688
May 20143,89194.734.73$18,391
Apr 20144,22995.944.81$20,338
Mar 20144,38695.895.06$22,179
Feb 20143,81797.406.19$23,635
Jan 20144,60890.404.86$22,398
Dec 20135,13791.824.35$22,369
Nov 20134,16088.853.74$15,551
Oct 20131,59997.423.78$6,043
Sep 20132,452104.113.72$9,116
Aug 20132,977104.253.52$10,487
Jul 20133,179102.523.72$11,819
Jun 20133,85694.403.93$15,167
May 20134,60394.834.15$19,098
Apr 20133,52193.964.28$15,079
Mar 20134,38393.623.91$17,150
Feb 20133,86691.233.42$13,221
Jan 20134,51091.603.42$15,424
Dec 20125,01086.773.42$17,135
Nov 20125,01286.953.62$18,168
Oct 20125,78989.383.40$19,681
Sep 20126,12694.672.92$17,878
Aug 20129,90092.662.91$28,791
Jul 20128,16085.133.02$24,650
Jun 20127,68979.822.52$19,369
May 20127,73791.612.49$19,252
Apr 20128,683101.652.00$17,338
Mar 20128,685105.052.22$19,299
Feb 20128,064101.102.57$20,726
Jan 20128,81398.092.73$24,095
Dec 20119,50996.873.24$30,807
Nov 20118,77695.723.31$29,060
Oct 20119,23684.983.65$33,698
Sep 20119,48883.623.99$37,817
Aug 20119,46083.404.15$39,253
Jul 20119,62994.144.52$43,497
Jun 20118,16892.904.64$37,899
May 20119,19598.134.40$40,502
Apr 201110,250105.964.33$44,416
Mar 201111,24096.364.06$45,605
Feb 20119,70885.644.18$40,579
Jan 201111,53586.504.59$52,932
Dec 201011,70585.734.35$50,890
Nov 201011,20980.843.80$42,542
Oct 20109,99978.103.51$35,085
Sep 201010,14872.633.98$40,384
Aug 201011,24273.684.42$49,682
Jul 201011,62472.554.74$55,057
Jun 201011,55070.364.91$56,715
May 201012,21271.124.24$51,721
Apr 201011,88281.694.12$48,986
Mar 201012,77678.394.39$56,070
Feb 201011,73073.585.44$63,839
Jan 201013,80674.365.96$82,340
Dec 200915,04971.445.48$82,525
Nov 200914,28074.593.75$53,571
Oct 200915,26072.544.11$62,722
Sep 200915,71165.543.06$48,150
Aug 200917,48067.423.22$56,259
Jul 200915,03561.133.46$52,089
Jun 200917,12166.163.90$66,686
May 200921,57054.743.93$84,678
Apr 200924,18646.773.59$86,767
Mar 200928,99442.144.06$117,687
Feb 200921,77832.814.63$100,897
Jan 20096,28435.865.37$33,751

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                1,222 Mcf  × $  2.61 =     $3,190

────────────────────────────────────────────────────
Month total                                   $3,190

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/249250 is the state's own key, not one this site invented.