HYDE-HICKMAN "C"

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 252981District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Jul 2009 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
203
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
GasProduction1,246,121 Mcf$4,770,364
Total$4,770,364

Every month this lease reported (203)

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

203 months

May 202666106.413.05$201
Apr 20266598.932.87$187
Mar 20266489.753.15$202
Feb 20265963.503.75$221
Jan 20266259.138.00$496
Dec 202524356.664.41$1,072
Nov 202528958.593.93$1,135
Oct 202523959.383.30$790
Sep 202519362.743.08$594
Aug 202520163.933.01$606
Jul 202518966.743.32$627
Jun 202516566.483.13$516
May 202516460.553.23$530
Apr 202514662.363.54$517
Mar 202515967.704.27$679
Feb 202513670.884.34$590
Jan 202514674.324.28$625
Dec 202417168.993.12$534
Nov 202411669.052.20$255
Oct 202417671.372.28$402
Sep 20249569.612.36$225
Aug 20243975.632.06$80
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 20243076.091.78$54
Jan 202470273.023.30$2,315
Dec 202360371.262.61$1,574
Nov 202359077.892.81$1,656
Oct 202357785.443.09$1,781
Sep 202359489.042.74$1,625
Aug 202364380.522.67$1,719
Jul 202368774.852.64$1,815
Jun 202349468.962.26$1,116
May 202350670.622.23$1,127
Apr 202363478.122.24$1,419
Mar 202363972.852.39$1,529
Feb 202396475.112.47$2,377
Jan 20231,36476.533.39$4,621
Dec 20221,75276.415.73$10,037
Nov 20221,82585.005.65$10,304
Oct 20222,07787.185.86$12,179
Sep 20221,79884.888.16$14,678
Aug 20221,85394.529.13$16,913
Jul 20221,720101.587.54$12,972
Jun 20221,686115.097.98$13,450
May 20221,779109.378.43$15,002
Apr 20221,747104.226.84$11,945
Mar 20221,780108.885.08$9,036
Feb 20221,52291.054.86$7,395
Jan 20221,77081.844.54$8,032
Dec 20211,81771.323.90$7,085
Nov 20211,73677.435.24$9,091
Oct 20211,85179.795.71$10,576
Sep 20211,72369.865.35$9,220
Aug 20211,87066.024.22$7,893
Jul 20211,75770.783.98$6,997
Jun 20211,86369.493.38$6,298
May 20211,75063.483.02$5,281
Apr 20211,68860.362.76$4,656
Mar 20212,06261.302.72$5,602
Feb 20212,05557.805.55$11,401
Jan 20212,38150.412.81$6,691
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20201,71336.972.48$4,246
Sep 2020837.091.99$16
Aug 20201,73339.982.39$4,133
Jul 20201,89638.371.83$3,460
Jun 20201,59834.901.69$2,701
May 20201,60216.921.81$2,907
Apr 20201,70514.751.80$3,076
Mar 20201,84130.341.86$3,417
Feb 202092349.881.98$1,828
Jan 20202,08357.252.09$4,363
Dec 20193,30259.012.30$7,609
Nov 20194,16255.302.75$11,448
Oct 20194,46453.472.42$10,796
Sep 20194,50555.052.66$11,971
Aug 20192,45453.112.30$5,655
Jul 20191,39156.272.46$3,422
Jun 20191,89252.782.49$4,713
May 20191,70858.482.74$4,680
Apr 20193,21262.632.75$8,835
Mar 20193,17156.803.06$9,710
Feb 20192,43850.852.79$6,807
Jan 20193,69346.033.23$11,922
Dec 20183,93546.594.19$16,470
Nov 20184,35952.934.24$18,470
Oct 20185,81361.443.40$19,753
Sep 20186,42659.543.11$19,972
Aug 20186,57059.403.07$20,147
Jul 20187,70465.142.93$22,587
Jun 20184,98460.183.08$15,335
May 20181,70365.382.90$4,940
Apr 20182,10463.842.90$6,103
Mar 20183,13261.222.79$8,728
Feb 20185,34461.782.77$14,782
Jan 20185,60062.874.01$22,452
Dec 20173,71857.272.92$10,862
Nov 20173,26755.423.12$10,188
Oct 20173,70949.292.98$11,066
Sep 20174,06047.523.09$12,534
Aug 20173,71445.373.00$11,158
Jul 20173,45243.873.09$10,657
Jun 20173,31642.493.09$10,237
May 20173,76845.373.26$12,296
Apr 20173,28747.933.21$10,557
Mar 20173,13346.772.98$9,348
Feb 20172,80450.452.95$8,279
Jan 20173,16449.413.42$10,817
Dec 20163,00948.763.72$11,202
Nov 20163,04042.492.64$8,039
Oct 20162,31946.193.09$7,166
Sep 20163,89941.553.10$12,089
Aug 20163,70241.442.92$10,826
Jul 20164,40541.622.92$12,882
Jun 20164,28645.352.69$11,511
May 20164,19842.521.99$8,358
Apr 20164,23736.561.99$8,436
Mar 20164,53933.011.79$8,143
Feb 20164,42626.472.06$9,134
Jan 20164,74627.352.36$11,221
Dec 20155,12932.362.00$10,265
Nov 20154,04538.792.17$8,767
Oct 20155,39643.552.43$13,094
Sep 20156,50242.992.76$17,935
Aug 20154,83140.162.87$13,877
Jul 20152,46648.152.95$7,263
Jun 20152,30156.152.88$6,633
May 20152,77955.212.96$8,213
Apr 20152,92449.822.71$7,914
Mar 20153,18942.892.93$9,359
Feb 20152,84244.662.98$8,458
Jan 20153,22843.433.10$10,009
Dec 20143,71454.693.59$13,338
Nov 20146,30270.464.25$26,795
Oct 20143,47378.303.90$13,548
Sep 20146,86686.164.05$27,776
Aug 20147,42189.394.04$29,945
Jul 20149,48196.564.18$39,627
Jun 20148,31798.164.74$39,397
May 20149,60994.734.73$45,418
Apr 20149,85295.944.81$47,379
Mar 201411,08095.895.06$56,029
Feb 20148,85497.406.19$54,824
Jan 20147,62590.404.86$37,063
Dec 20139,19991.824.35$40,057
Nov 20137,18288.853.74$26,848
Oct 20133,63697.423.78$13,742
Sep 20138,092104.113.72$30,084
Aug 201310,190104.253.52$35,895
Jul 201310,012102.523.72$37,222
Jun 20139,38894.403.93$36,927
May 201310,45994.834.15$43,395
Apr 201310,59193.964.28$45,357
Mar 201311,37393.623.91$44,501
Feb 201311,40891.233.42$39,014
Jan 201313,01091.603.42$44,493
Dec 20129,04586.773.42$30,935
Nov 201211,06586.953.62$40,110
Oct 20127,03289.383.40$23,907
Sep 20121,73594.672.92$5,063
Aug 20121,17592.662.91$3,417
Jul 20123,79585.133.02$11,464
Jun 20123,77979.822.52$9,519
May 20124,93991.612.49$12,290
Apr 20125,485101.652.00$10,952
Mar 20127,590105.052.22$16,866
Feb 20127,856101.102.57$20,192
Jan 20129,89898.092.73$27,062
Dec 201111,17496.873.24$36,201
Nov 20118,90095.723.31$29,470
Oct 201112,73684.983.65$46,468
Sep 201114,54383.623.99$57,965
Aug 201113,59483.404.15$56,406
Jul 201110,49794.144.52$47,417
Jun 201113,08092.904.64$60,690
May 201120,24298.134.40$89,162
Apr 201116,209105.964.33$70,238
Mar 201121,41896.364.06$86,900
Feb 201124,90085.644.18$104,082
Jan 20114,14686.504.59$19,025
Dec 2010085.734.35$0
Nov 20106880.843.80$258
Oct 201011,12578.103.51$39,036
Sep 201023,45272.633.98$93,327
Aug 201030,05273.684.42$132,811
Jul 201030,62272.554.74$145,041
Jun 201033,03070.364.91$162,191
May 201038,22371.124.24$161,883
Apr 201039,81481.694.12$164,141
Mar 201043,41778.394.39$190,543
Feb 201028,12973.585.44$153,088
Jan 201015,76874.365.96$94,042
Dec 2009071.445.48$0
Nov 200932,28874.593.75$121,128
Oct 200928,93672.544.11$118,934
Sep 200930,11165.543.06$92,283
Aug 200976,75867.423.22$247,046
Jul 200933,29161.133.46$115,337

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                   66 Mcf  × $  3.05 =       $201

────────────────────────────────────────────────────
Month total                                     $201

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/252981 is the state's own key, not one this site invented.