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 258387District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Jun 2010 – May 2026
Value, last 12 filed months
$0
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
GasProduction879,147 Mcf$3,232,413
Total$3,232,413

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 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 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 20196655.052.66$175
Aug 201919753.112.30$454
Jul 201946156.272.46$1,134
Jun 2019052.782.49$0
May 201935558.482.74$973
Apr 201953262.632.75$1,463
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 20191946.033.23$61
Dec 2018146.594.19$4
Nov 201811952.934.24$504
Oct 201828561.443.40$968
Sep 2018859.543.11$25
Aug 20181,10259.403.07$3,379
Jul 20187,76865.142.93$22,775
Jun 20183,74860.183.08$11,532
May 20189,13365.382.90$26,493
Apr 201833563.842.90$972
Mar 20182361.222.79$64
Feb 20186,53461.782.77$18,074
Jan 20185,89262.874.01$23,623
Dec 20177,61157.272.92$22,236
Nov 20171,12455.423.12$3,505
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201767043.873.09$2,068
Jun 20177,30242.493.09$22,543
May 201714,03345.373.26$45,795
Apr 201712,33647.933.21$39,618
Mar 201713,45946.772.98$40,157
Feb 201713,07550.452.95$38,605
Jan 201712,57849.413.42$43,002
Dec 20166,55248.763.72$24,392
Nov 20164,46842.492.64$11,815
Oct 201612,91946.193.09$39,923
Sep 20164,98941.553.10$15,469
Aug 201688541.442.92$2,588
Jul 201610,96741.622.92$32,071
Jun 20169,67445.352.69$25,983
May 201614,71042.521.99$29,288
Apr 201612,63636.561.99$25,159
Mar 201611,41433.011.79$20,477
Feb 20166,69426.472.06$13,814
Jan 20169,77627.352.36$23,114
Dec 201513,55532.362.00$27,129
Nov 2015038.792.17$0
Oct 201596643.552.43$2,344
Sep 20151,04142.992.76$2,872
Aug 201514940.162.87$428
Jul 20152,42948.152.95$7,154
Jun 201524156.152.88$695
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 201519644.662.98$583
Jan 201510443.433.10$322
Dec 20142654.693.59$93
Nov 20146,32570.464.25$26,893
Oct 20146,12478.303.90$23,889
Sep 201411,25586.164.05$45,531
Aug 201410,31689.394.04$41,626
Jul 201418,08996.564.18$75,605
Jun 201418,30898.164.74$86,723
May 201421,61794.734.73$102,174
Apr 201414,87895.944.81$71,550
Mar 20141,34295.895.06$6,786
Feb 201414,93397.406.19$92,465
Jan 201416,53090.404.86$80,348
Dec 2013091.824.35$0
Nov 201324,02288.853.74$89,801
Oct 201312,56497.423.78$47,484
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 201321,937102.523.72$81,556
Jun 20134494.403.93$173
May 20139294.834.15$382
Apr 2013293.964.28$9
Mar 201362093.623.91$2,426
Feb 20136091.233.42$205
Jan 20132,32191.603.42$7,938
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 201245394.672.92$1,322
Aug 201212892.662.91$372
Jul 201270085.133.02$2,115
Jun 201241979.822.52$1,055
May 20123,88991.612.49$9,677
Apr 201221,525101.652.00$42,981
Mar 201218,149105.052.22$40,329
Feb 20122,166101.102.57$5,567
Jan 20121,84798.092.73$5,050
Dec 201127,75196.873.24$89,906
Nov 201141,94795.723.31$138,898
Oct 20115,33684.983.65$19,469
Sep 20113,39083.623.99$13,512
Aug 201134,65883.404.15$143,807
Jul 201148,94194.144.52$221,078
Jun 20119,16092.904.64$42,501
May 20116,32198.134.40$27,843
Apr 201161,998105.964.33$268,655
Mar 201188,34596.364.06$358,446
Feb 201157,36885.644.18$239,797
Jan 201112086.504.59$551
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.

Sep 2019 — as filed, then multipliedworked
Gas                   66 Mcf  × $  2.66 =       $175

────────────────────────────────────────────────────
Month total                                     $175

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/258387 is the state's own key, not one this site invented.