HYDE-HICKMAN "F"

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 258228District 09Field 65280200GasSaveExport
Value, all time
$1.8 M
Jun 2010 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
192
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
GasProduction469,551 Mcf$1,762,148
Total$1,762,148

Every month this lease reported (192)

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

192 months

May 20263,159106.413.05$9,622
Apr 20264,98498.932.87$14,303
Mar 20263,85789.753.15$12,147
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 20251,22766.483.13$3,839
May 20251,98560.553.23$6,416
Apr 20251,87362.363.54$6,636
Mar 202520367.704.27$866
Feb 202595470.884.34$4,141
Jan 202584874.324.28$3,628
Dec 20248468.993.12$262
Nov 202452669.052.20$1,156
Oct 202439771.372.28$906
Sep 202467369.612.36$1,591
Aug 2024075.632.06$0
Jul 20241,51579.932.15$3,252
Jun 20241,31478.082.63$3,461
May 20241,32878.812.20$2,920
Apr 202460684.451.66$1,005
Mar 20242,07980.301.55$3,212
Feb 20242,82876.091.78$5,044
Jan 20241,01973.023.30$3,360
Dec 20231,88971.262.61$4,932
Nov 202329777.892.81$834
Oct 20231,96385.443.09$6,060
Sep 202392489.042.74$2,527
Aug 20232,04680.522.67$5,469
Jul 20232,37874.852.64$6,282
Jun 20232,33768.962.26$5,278
May 20232,22670.622.23$4,958
Apr 20232,81278.122.24$6,293
Mar 20232,99372.852.39$7,163
Feb 20231,16775.112.47$2,877
Jan 20231,58976.533.39$5,383
Dec 20222,31076.415.73$13,234
Nov 20222,75185.005.65$15,533
Oct 20222,99987.185.86$17,585
Sep 20221,37984.888.16$11,258
Aug 20223,23494.529.13$29,517
Jul 20222,193101.587.54$16,540
Jun 20222,763115.097.98$22,041
May 20223,276109.378.43$27,627
Apr 20223,454104.226.84$23,617
Mar 20223,621108.885.08$18,382
Feb 20222,65391.054.86$12,891
Jan 20223,23081.844.54$14,657
Dec 20213,43971.323.90$13,409
Nov 20214,07577.435.24$21,340
Oct 20214,12279.795.71$23,553
Sep 20214,30469.865.35$23,030
Aug 20214,00866.024.22$16,916
Jul 20213,14370.783.98$12,516
Jun 20214,21869.493.38$14,259
May 20213,09363.483.02$9,334
Apr 20213,05760.362.76$8,432
Mar 20214661.302.72$125
Feb 202185157.805.55$4,721
Jan 20212,87750.412.81$8,085
Dec 20203,66344.642.68$9,800
Nov 20204,36138.772.71$11,803
Oct 20203,61736.972.48$8,964
Sep 20203,54437.091.99$7,056
Aug 202037739.982.39$899
Jul 20201,67138.371.83$3,050
Jun 20202,81634.901.69$4,760
May 20206,77616.921.81$12,297
Apr 20204,14914.751.80$7,486
Mar 2020030.341.86$0
Feb 202018249.881.98$360
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 20194455.052.66$117
Aug 2019053.112.30$0
Jul 201929556.272.46$726
Jun 201912552.782.49$311
May 201910958.482.74$299
Apr 201943762.632.75$1,202
Mar 2019056.803.06$0
Feb 201921550.852.79$600
Jan 20195146.033.23$165
Dec 2018146.594.19$4
Nov 2018152.934.24$4
Oct 2018161.443.40$3
Sep 20181559.543.11$47
Aug 20181959.403.07$58
Jul 201813765.142.93$402
Jun 201833060.183.08$1,015
May 201810065.382.90$290
Apr 2018063.842.90$0
Mar 201810861.222.79$301
Feb 201815461.782.77$426
Jan 201877462.874.01$3,103
Dec 20171,05957.272.92$3,094
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 201789947.523.09$2,775
Aug 201775645.373.00$2,271
Jul 201781143.873.09$2,504
Jun 201799642.493.09$3,075
May 20171,06545.373.26$3,476
Apr 20171,33047.933.21$4,271
Mar 20171,09546.772.98$3,267
Feb 20171,13050.452.95$3,336
Jan 20171,16349.413.42$3,976
Dec 201659748.763.72$2,223
Nov 201668842.492.64$1,819
Oct 20161,46846.193.09$4,537
Sep 20161,49141.553.10$4,623
Aug 201690641.442.92$2,649
Jul 201670241.622.92$2,053
Jun 20167,75045.352.69$20,815
May 201673042.521.99$1,453
Apr 2016036.561.99$0
Mar 201685433.011.79$1,532
Feb 201696226.472.06$1,985
Jan 20161,04727.352.36$2,475
Dec 20151,04732.362.00$2,095
Nov 20151,21938.792.17$2,642
Oct 20151,65143.552.43$4,006
Sep 201524042.992.76$662
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 201592042.892.93$2,700
Feb 2015044.662.98$0
Jan 201531243.433.10$967
Dec 201420554.693.59$736
Nov 2014470.464.25$17
Oct 201450278.303.90$1,958
Sep 201493686.164.05$3,787
Aug 201474089.394.04$2,986
Jul 20141,09596.564.18$4,577
Jun 201496798.164.74$4,581
May 20141,78194.734.73$8,418
Apr 20142,78595.944.81$13,393
Mar 2014095.895.06$0
Feb 20141,39897.406.19$8,656
Jan 20144,37790.404.86$21,275
Dec 2013091.824.35$0
Nov 20132,41188.853.74$9,013
Oct 201316,62497.423.78$62,828
Sep 20134,879104.113.72$18,139
Aug 20133,389104.253.52$11,938
Jul 20139,528102.523.72$35,423
Jun 201312,90994.403.93$50,776
May 2013294.834.15$8
Apr 2013293.964.28$9
Mar 20131,83193.623.91$7,164
Feb 2013291.233.42$7
Jan 20132,98391.603.42$10,202
Dec 2012286.773.42$7
Nov 20127,23386.953.62$26,219
Oct 20124,75389.383.40$16,159
Sep 20123,41194.672.92$9,955
Aug 20121,06992.662.91$3,109
Jul 201266185.133.02$1,997
Jun 20121,43679.822.52$3,617
May 20123,13791.612.49$7,806
Apr 20123,196101.652.00$6,382
Mar 201212,943105.052.22$28,760
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 20115,64796.873.24$18,295
Nov 201122,29195.723.31$73,812
Oct 201190784.983.65$3,309
Sep 2011083.623.99$0
Aug 20111,90483.404.15$7,900
Jul 201119,06594.144.52$86,121
Jun 20112,11292.904.64$9,799
May 201114798.134.40$648
Apr 201131,137105.964.33$134,925
Mar 201161,49996.364.06$249,522
Feb 201125,51585.644.18$106,652
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$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 2026 — as filed, then multipliedworked
Gas                3,159 Mcf  × $  3.05 =     $9,622

────────────────────────────────────────────────────
Month total                                   $9,622

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/258228 is the state's own key, not one this site invented.