HAGLER, ALVIN

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 264306District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Dec 2011 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition58 bbl$3,854
GasProduction1,767,468 Mcf$5,762,348
Total$5,766,202

Every month this lease reported (174)

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

174 months

May 202603,017106.413.05$9,189
Apr 202602,63598.932.87$7,562
Mar 202603,13689.753.15$9,877
Feb 202602,35863.503.75$8,843
Jan 202601,70259.138.00$13,612
Dec 202543,19756.664.41$14,336
Nov 202552,66558.593.93$10,757
Oct 202503,15059.383.30$10,410
Sep 202543,21262.743.08$10,134
Aug 202513,07063.933.01$9,319
Jul 202563,26366.743.32$11,218
Jun 202513,07166.483.13$9,675
May 202573,27060.553.23$10,994
Apr 202533,11662.363.54$11,227
Mar 202503,26467.704.27$13,932
Feb 202512,92970.884.34$12,785
Jan 202502,79874.324.28$11,972
Dec 202452,91368.993.12$9,438
Nov 202432,75969.052.20$6,273
Oct 202403,19571.372.28$7,289
Sep 202443,44569.612.36$8,424
Aug 202403,58175.632.06$7,390
Jul 202402,67579.932.15$5,742
Jun 202432,88178.082.63$7,823
May 202403,27978.812.20$7,209
Apr 202403,13584.451.66$5,202
Mar 202403,30380.301.55$5,104
Feb 202403,01376.091.78$5,374
Jan 202403,28673.023.30$10,836
Dec 202353,61671.262.61$9,797
Nov 202343,43277.892.81$9,947
Oct 202303,48485.443.09$10,756
Sep 202303,44289.042.74$9,414
Aug 202303,76280.522.67$10,055
Jul 202303,67674.852.64$9,711
Jun 202322,68768.962.26$6,206
May 202303,66270.622.23$8,157
Apr 202304,14078.122.24$9,264
Mar 202303,79072.852.39$9,070
Feb 202303,38175.112.47$8,336
Jan 202302,55676.533.39$8,659
Dec 202203,55176.415.73$20,344
Nov 202203,94385.005.65$22,263
Oct 202204,67187.185.86$27,390
Sep 202204,63784.888.16$37,855
Aug 202204,93994.529.13$45,079
Jul 202204,898101.587.54$36,941
Jun 202203,471115.097.98$27,689
May 202203,742109.378.43$31,556
Apr 202203,626104.226.84$24,793
Mar 202203,688108.885.08$18,722
Feb 202203,49491.054.86$16,977
Jan 202203,78781.844.54$17,184
Dec 202104,23371.323.90$16,505
Nov 202103,65577.435.24$19,141
Oct 202103,93679.795.71$22,490
Sep 202104,07169.865.35$21,784
Aug 202104,24466.024.22$17,912
Jul 202104,09870.783.98$16,319
Jun 202104,22069.493.38$14,266
May 202104,67963.483.02$14,120
Apr 202104,79660.362.76$13,229
Mar 202104,76861.302.72$12,954
Feb 202103,14657.805.55$17,454
Jan 202104,92650.412.81$13,843
Dec 202005,23944.642.68$14,017
Nov 202005,27538.772.71$14,277
Oct 202005,47436.972.48$13,567
Sep 202005,65737.091.99$11,263
Aug 202006,19039.982.39$14,764
Jul 202005,71338.371.83$10,427
Jun 202005,16734.901.69$8,734
May 202005,48516.921.81$9,954
Apr 202004,52614.751.80$8,167
Mar 202004,94330.341.86$9,175
Feb 202004,28449.881.98$8,485
Jan 202003,44557.252.09$7,216
Dec 201906,72659.012.30$15,499
Nov 201906,27855.302.75$17,269
Oct 201907,13453.472.42$17,254
Sep 201906,76655.052.66$17,979
Aug 201905,91553.112.30$13,630
Jul 201904,86356.272.46$11,963
Jun 201904,45352.782.49$11,093
May 201905,47958.482.74$15,014
Apr 201906,29462.632.75$17,313
Mar 201906,96656.803.06$21,331
Feb 201907,01650.852.79$19,590
Jan 201906,64546.033.23$21,451
Dec 201807,55046.594.19$31,600
Nov 201806,25752.934.24$26,512
Oct 201807,92461.443.40$26,926
Sep 201806,50159.543.11$20,205
Aug 201806,90959.403.07$21,187
Jul 201807,03065.142.93$20,611
Jun 201802,13960.183.08$6,582
May 201806,93465.382.90$20,114
Apr 201807,28563.842.90$21,132
Mar 201806,85461.222.79$19,101
Feb 201807,09161.782.77$19,615
Jan 201806,74962.874.01$27,059
Dec 201706,27157.272.92$18,321
Nov 201706,08255.423.12$18,966
Oct 201707,37349.292.98$21,999
Sep 201709,09947.523.09$28,091
Aug 201709,45745.373.00$28,413
Jul 201708,85343.873.09$27,332
Jun 201707,57042.493.09$23,371
May 201708,82745.373.26$28,806
Apr 2017012,28547.933.21$39,455
Mar 201708,63446.772.98$25,761
Feb 201708,53550.452.95$25,200
Jan 2017011,72049.413.42$40,068
Dec 2016010,15348.763.72$37,798
Nov 2016010,64142.492.64$28,139
Oct 2016010,05246.193.09$31,063
Sep 2016010,03141.553.10$31,102
Aug 2016011,22741.442.92$32,832
Jul 2016011,03941.622.92$32,282
Jun 201609,96745.352.69$26,770
May 201608,11042.521.99$16,147
Apr 201609,06036.561.99$18,039
Mar 201601,13233.011.79$2,031
Feb 2016010126.472.06$208
Jan 201609,69227.352.36$22,915
Dec 2015012,40332.362.00$24,823
Nov 2015011,95938.792.17$25,919
Oct 2015012,73743.552.43$30,907
Sep 2015013,35842.992.76$36,847
Aug 2015014,53540.162.87$41,752
Jul 2015013,22448.152.95$38,946
Jun 2015011,05356.152.88$31,864
May 2015012,92055.212.96$38,184
Apr 201509,27549.822.71$25,103
Mar 2015010,18842.892.93$29,899
Feb 2015010,13744.662.98$30,170
Jan 2015011,33443.433.10$35,143
Dec 2014011,55354.693.59$41,491
Nov 2014011,39970.464.25$48,467
Oct 2014011,91378.303.90$46,472
Sep 2014012,25286.164.05$49,565
Aug 2014013,04289.394.04$52,626
Jul 2014012,55596.564.18$52,475
Jun 2014012,34198.164.74$58,458
May 2014013,05594.734.73$61,705
Apr 2014013,32495.944.81$64,077
Mar 2014013,84995.895.06$70,032
Feb 2014015,47197.406.19$95,796
Jan 2014017,52290.404.86$85,170
Dec 201304,70691.824.35$20,492
Nov 2013017,39488.853.74$65,024
Oct 2013021,02097.423.78$79,442
Sep 2013020,656104.113.72$76,794
Aug 2013022,278104.253.52$78,477
Jul 2013022,804102.523.72$84,779
Jun 2013023,26694.403.93$91,515
May 2013024,69594.834.15$102,462
Apr 2013025,22393.964.28$108,020
Mar 2013025,16793.623.91$98,475
Feb 2013024,08691.233.42$82,372
Jan 2013026,65591.603.42$91,158
Dec 2012027,02786.773.42$92,437
Nov 2012027,32786.953.62$99,059
Oct 2012029,81089.383.40$101,344
Sep 2012031,06494.672.92$90,657
Aug 2012035,36092.662.91$102,833
Jul 2012038,89885.133.02$117,503
Jun 2012041,46079.822.52$104,439
May 2012046,65491.612.49$116,090
Apr 2012051,403101.652.00$102,642
Mar 2012060,225105.052.22$133,825
Feb 201200101.102.57$0
Jan 2012084,02898.092.73$229,739
Dec 2011085,63196.873.24$277,422

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,017 Mcf  × $  3.05 =     $9,189

────────────────────────────────────────────────────
Month total                                   $9,189

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/264306 is the state's own key, not one this site invented.