HES "A"

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 256946District 09Field 65280200GasSaveExport
Value, all time
$9.5 M
Jan 2010 – May 2026
Value, last 12 filed months
$324 k
at the published price for each month
Months reported
197
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
GasProduction2,633,564 Mcf$9,505,899
Total$9,505,899

Every month this lease reported (197)

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

197 months

May 20267,154106.413.05$21,790
Apr 20267,01498.932.87$20,128
Mar 20267,33989.753.15$23,114
Feb 20266,49063.503.75$24,340
Jan 20267,21859.138.00$57,729
Dec 20257,54056.664.41$33,277
Nov 20257,16958.593.93$28,149
Oct 20257,54859.383.30$24,945
Sep 20257,17062.743.08$22,062
Aug 20257,34163.933.01$22,131
Jul 20257,29666.743.32$24,188
Jun 20257,21566.483.13$22,574
May 20257,38760.553.23$23,877
Apr 20257,12862.363.54$25,255
Mar 20257,28167.704.27$31,078
Feb 20256,80970.884.34$29,557
Jan 20257,54574.324.28$32,283
Dec 20247,43768.993.12$23,214
Nov 20247,52569.052.20$16,543
Oct 20247,84571.372.28$17,898
Sep 20247,41669.612.36$17,534
Aug 20247,68975.632.06$15,867
Jul 20247,87179.932.15$16,896
Jun 20247,25478.082.63$19,107
May 20247,85578.812.20$17,269
Apr 20247,62884.451.66$12,656
Mar 20247,94480.301.55$12,275
Feb 20247,21976.091.78$12,876
Jan 20248,06073.023.30$26,579
Dec 20237,86571.262.61$20,533
Nov 20237,61277.892.81$21,371
Oct 20238,21785.443.09$25,368
Sep 20238,00589.042.74$21,894
Aug 20238,31480.522.67$22,222
Jul 20238,19974.852.64$21,660
Jun 20237,89668.962.26$17,833
May 20238,26770.622.23$18,414
Apr 20238,05078.122.24$18,014
Mar 20238,38172.852.39$20,057
Feb 20237,69175.112.47$18,964
Jan 20238,72176.533.39$29,544
Dec 20227,86576.415.73$45,059
Nov 20228,10385.005.65$45,751
Oct 20228,46787.185.86$49,648
Sep 20227,89784.888.16$64,469
Aug 20228,31594.529.13$75,892
Jul 20228,598101.587.54$64,847
Jun 20228,437115.097.98$67,304
May 20228,828109.378.43$74,447
Apr 20228,565104.226.84$58,564
Mar 20228,868108.885.08$45,018
Feb 20228,08591.054.86$39,284
Jan 20229,00081.844.54$40,839
Dec 20219,07371.323.90$35,377
Nov 20218,81477.435.24$46,158
Oct 20219,20279.795.71$52,579
Sep 20218,27469.865.35$44,274
Aug 20219,08366.024.22$38,336
Jul 20219,08870.783.98$36,189
Jun 20218,89869.493.38$30,081
May 20219,22063.483.02$27,823
Apr 20218,68760.362.76$23,962
Mar 20218,93661.302.72$24,279
Feb 20218,20957.805.55$45,543
Jan 20219,40650.412.81$26,433
Dec 20209,23944.642.68$24,719
Nov 20209,26038.772.71$25,063
Oct 20209,55836.972.48$23,689
Sep 20209,38937.091.99$18,694
Aug 20209,28039.982.39$22,134
Jul 20209,32538.371.83$17,019
Jun 20208,79234.901.69$14,861
May 20209,40616.921.81$17,070
Apr 20209,19914.751.80$16,598
Mar 20209,31330.341.86$17,287
Feb 20209,06649.881.98$17,957
Jan 20209,67257.252.09$20,260
Dec 20199,57359.012.30$22,060
Nov 20199,13855.302.75$25,136
Oct 20199,69453.472.42$23,445
Sep 20199,64055.052.66$25,616
Aug 201910,15753.112.30$23,405
Jul 201910,33956.272.46$25,435
Jun 201910,04852.782.49$25,032
May 201910,55058.482.74$28,910
Apr 201910,38862.632.75$28,574
Mar 201910,92456.803.06$33,450
Feb 20199,96250.852.79$27,816
Jan 201910,87146.033.23$35,094
Dec 201810,88746.594.19$45,567
Nov 201810,90952.934.24$46,224
Oct 201810,86161.443.40$36,907
Sep 201810,52059.543.11$32,696
Aug 201810,94959.403.07$33,576
Jul 201811,02765.142.93$32,330
Jun 201810,81860.183.08$33,286
May 201811,34365.382.90$32,904
Apr 20189,36663.842.90$27,169
Mar 201810,52561.222.79$29,331
Feb 201810,11561.782.77$27,979
Jan 201811,43262.874.01$45,835
Dec 201711,36057.272.92$33,188
Nov 201711,16655.423.12$34,820
Oct 201711,61649.292.98$34,658
Sep 201711,21847.523.09$34,633
Aug 201711,72845.373.00$35,236
Jul 201712,18043.873.09$37,603
Jun 201711,79942.493.09$36,427
May 201712,51045.373.26$40,825
Apr 201711,85347.933.21$38,067
Mar 201712,31246.772.98$36,735
Feb 201711,20450.452.95$33,081
Jan 201712,38349.413.42$42,335
Dec 201612,45548.763.72$46,368
Nov 201612,31842.492.64$32,573
Oct 201612,79046.193.09$39,524
Sep 201612,37441.553.10$38,367
Aug 201612,75141.442.92$37,288
Jul 201612,96741.622.92$37,920
Jun 201612,41145.352.69$33,334
May 201613,36042.521.99$26,600
Apr 201612,91636.561.99$25,716
Mar 201613,43333.011.79$24,099
Feb 201612,45126.472.06$25,694
Jan 201613,27027.352.36$31,375
Dec 201513,44732.362.00$26,913
Nov 201513,42138.792.17$29,088
Oct 201514,23143.552.43$34,533
Sep 201514,08542.992.76$38,852
Aug 201511,88040.162.87$34,125
Jul 201513,01148.152.95$38,318
Jun 201513,33856.152.88$38,452
May 201513,68055.212.96$40,431
Apr 201513,37749.822.71$36,206
Mar 201513,72542.892.93$40,279
Feb 201512,69044.662.98$37,768
Jan 201514,28443.433.10$44,289
Dec 201414,58954.693.59$52,394
Nov 201414,42270.464.25$61,320
Oct 201414,91978.303.90$58,198
Sep 201414,97286.164.05$60,568
Aug 201415,54289.394.04$62,714
Jul 201415,95796.564.18$66,694
Jun 201414,55698.164.74$68,950
May 201414,21994.734.73$67,207
Apr 201413,99495.944.81$67,299
Mar 201414,57095.895.06$73,678
Feb 201413,44597.406.19$83,251
Jan 201414,96490.404.86$72,736
Dec 201314,97891.824.35$65,221
Nov 201314,72988.853.74$55,061
Oct 201315,33897.423.78$57,968
Sep 201314,942104.113.72$55,550
Aug 201315,798104.253.52$55,650
Jul 201315,971102.523.72$59,376
Jun 201315,67194.403.93$61,640
May 201316,50594.834.15$68,481
Apr 201316,32893.964.28$69,926
Mar 201317,34093.623.91$67,849
Feb 201315,94991.233.42$54,544
Jan 201317,92991.603.42$61,316
Dec 201218,15586.773.42$62,093
Nov 201217,84886.953.62$64,698
Oct 201218,06189.383.40$61,402
Sep 201217,07894.672.92$49,840
Aug 201216,56692.662.91$48,177
Jul 201216,97585.133.02$51,278
Jun 201216,92479.822.52$42,632
May 201217,93691.612.49$44,631
Apr 201217,843101.652.00$35,629
Mar 201218,993105.052.22$42,204
Feb 201218,759101.102.57$48,215
Jan 201220,58398.092.73$56,276
Dec 201121,20696.873.24$68,702
Nov 201121,00495.723.31$69,550
Oct 201121,84284.983.65$79,691
Sep 201121,65583.623.99$86,313
Aug 201122,51083.404.15$93,401
Jul 201123,67694.144.52$106,950
Jun 201123,73192.904.64$110,109
May 201125,39398.134.40$111,852
Apr 201124,855105.964.33$107,704
Mar 201127,23896.364.06$110,514
Feb 201125,44685.644.18$106,364
Jan 201129,56386.504.59$135,658
Dec 201030,58885.734.35$132,989
Nov 201030,22480.843.80$114,710
Oct 201032,39478.103.51$113,667
Sep 201033,04472.633.98$131,498
Aug 201035,45773.684.42$156,697
Jul 201037,26872.554.74$176,520
Jun 201037,91370.364.91$186,168
May 201041,48971.124.24$175,715
Apr 201042,30581.694.12$174,410
Mar 201044,81578.394.39$196,678
Feb 201041,86673.585.44$227,850
Jan 201017,68274.365.96$105,457

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                7,154 Mcf  × $  3.05 =    $21,790

────────────────────────────────────────────────────
Month total                                  $21,790

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/256946 is the state's own key, not one this site invented.