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 264403District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.7 M
Dec 2011 – May 2026
Value, last 12 filed months
$168 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
CondensateDisposition18 bbl$1,257
GasProduction2,035,596 Mcf$6,702,250
Total$6,703,507

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 202603,649106.413.05$11,114
Apr 202603,59498.932.87$10,314
Mar 202603,74689.753.15$11,798
Feb 202603,39763.503.75$12,740
Jan 202603,61959.138.00$28,944
Dec 202503,87256.664.41$17,089
Nov 202503,81858.593.93$14,991
Oct 202503,81159.383.30$12,595
Sep 202523,80162.743.08$11,821
Aug 202503,91863.933.01$11,812
Jul 202523,87966.743.32$12,993
Jun 202503,88966.483.13$12,168
May 202523,92160.553.23$12,795
Apr 202523,76762.363.54$13,472
Mar 202504,03367.704.27$17,214
Feb 202503,76670.884.34$16,348
Jan 202502,96974.324.28$12,703
Dec 202402,12168.993.12$6,620
Nov 202412,22869.052.20$4,967
Oct 202404,00271.372.28$9,130
Sep 202413,96669.612.36$9,447
Aug 202424,20175.632.06$8,821
Jul 202404,24879.932.15$9,119
Jun 202404,40378.082.63$11,597
May 202404,56678.812.20$10,038
Apr 202404,35784.451.66$7,229
Mar 202404,47280.301.55$6,910
Feb 202404,10776.091.78$7,325
Jan 202404,23373.023.30$13,959
Dec 202324,50571.262.61$11,904
Nov 202314,40077.892.81$12,431
Oct 202304,55685.443.09$14,066
Sep 202304,71489.042.74$12,893
Aug 202334,64480.522.67$12,654
Jul 202304,98374.852.64$13,164
Jun 202304,50968.962.26$10,183
May 202304,91470.622.23$10,945
Apr 202304,70478.122.24$10,526
Mar 202304,85972.852.39$11,628
Feb 202304,74575.112.47$11,700
Jan 202305,97076.533.39$20,225
Dec 202205,04176.415.73$28,880
Nov 202205,33185.005.65$30,100
Oct 202205,38987.185.86$31,600
Sep 202205,12884.888.16$41,863
Aug 202205,42194.529.13$49,478
Jul 202205,510101.587.54$41,557
Jun 202205,537115.097.98$44,170
May 202206,098109.378.43$51,425
Apr 202205,632104.226.84$38,509
Mar 202204,637108.885.08$23,539
Feb 202205,03591.054.86$24,464
Jan 202205,21681.844.54$23,669
Dec 202105,32271.323.90$20,751
Nov 202105,00977.435.24$26,231
Oct 202105,39579.795.71$30,826
Sep 202105,25169.865.35$28,098
Aug 202105,52066.024.22$23,298
Jul 202105,58970.783.98$22,256
Jun 202105,48169.493.38$18,529
May 202105,74563.483.02$17,337
Apr 202105,38560.362.76$14,854
Mar 202105,61361.302.72$15,250
Feb 202105,07057.805.55$28,128
Jan 202105,71250.412.81$16,052
Dec 202005,85244.642.68$15,657
Nov 202005,90738.772.71$15,988
Oct 202006,17236.972.48$15,297
Sep 202005,79237.091.99$11,532
Aug 202005,85639.982.39$13,967
Jul 202005,62138.371.83$10,259
Jun 202005,86334.901.69$9,910
May 202005,74416.921.81$10,424
Apr 202006,21914.751.80$11,221
Mar 202006,34130.341.86$11,770
Feb 202006,10849.881.98$12,098
Jan 202005,67457.252.09$11,886
Dec 201905,81759.012.30$13,404
Nov 201906,70855.302.75$18,452
Oct 201907,33753.472.42$17,745
Sep 201907,18955.052.66$19,103
Aug 201907,32053.112.30$16,868
Jul 201907,46856.272.46$18,372
Jun 201906,94252.782.49$17,294
May 201907,03258.482.74$19,270
Apr 201906,68462.632.75$18,386
Mar 201907,31156.803.06$22,387
Feb 201906,82250.852.79$19,049
Jan 201908,09546.033.23$26,132
Dec 201808,19746.594.19$34,308
Nov 201808,28352.934.24$35,097
Oct 201808,36861.443.40$28,435
Sep 201805,76659.543.11$17,921
Aug 201806,46059.403.07$19,810
Jul 201806,57365.142.93$19,271
Jun 201806,77560.183.08$20,846
May 201807,86365.382.90$22,809
Apr 201807,61163.842.90$22,078
Mar 201807,94861.222.79$22,150
Feb 201807,28461.782.77$20,148
Jan 201808,23962.874.01$33,033
Dec 201708,06657.272.92$23,565
Nov 201708,60855.423.12$26,843
Oct 201708,78649.292.98$26,215
Sep 201708,47447.523.09$26,162
Aug 201708,75245.373.00$26,295
Jul 201709,02543.873.09$27,863
Jun 201709,09742.493.09$28,085
May 201708,68445.373.26$28,339
Apr 201705,05847.933.21$16,244
Mar 201709,48446.772.98$28,297
Feb 201708,73050.452.95$25,776
Jan 2017012,24549.413.42$41,863
Dec 2016010,19348.763.72$37,947
Nov 2016010,26342.492.64$27,139
Oct 2016010,70746.193.09$33,087
Sep 2016010,43541.553.10$32,355
Aug 2016010,96241.442.92$32,057
Jul 2016010,67741.622.92$31,223
Jun 201609,58045.352.69$25,730
May 2016010,68342.521.99$21,270
Apr 2016010,17236.561.99$20,253
Mar 2016012,51433.011.79$22,450
Feb 2016011,68326.472.06$24,109
Jan 2016011,51327.352.36$27,221
Dec 2015012,13532.362.00$24,287
Nov 2015011,61238.792.17$25,167
Oct 2015012,22043.552.43$29,653
Sep 2015012,28542.992.76$33,887
Aug 2015012,86840.162.87$36,963
Jul 2015012,23448.152.95$36,030
Jun 2015013,07556.152.88$37,693
May 2015013,94355.212.96$41,208
Apr 2015013,53349.822.71$36,628
Mar 2015014,00442.892.93$41,098
Feb 2015010,35344.662.98$30,813
Jan 2015014,13843.433.10$43,837
Dec 2014014,55854.693.59$52,283
Nov 2014014,30870.464.25$60,835
Oct 2014015,04078.303.90$58,670
Sep 2014014,90286.164.05$60,285
Aug 2014016,31289.394.04$65,821
Jul 2014016,71396.564.18$69,854
Jun 2014016,54898.164.74$78,386
May 2014017,71494.734.73$83,726
Apr 2014017,74395.944.81$85,328
Mar 2014018,92295.895.06$95,685
Feb 2014018,34597.406.19$113,592
Jan 2014020,18690.404.86$98,118
Dec 2013020,44291.824.35$89,014
Nov 2013020,69688.853.74$77,367
Oct 2013021,02197.423.78$79,446
Sep 2013022,602104.113.72$84,028
Aug 2013024,185104.253.52$85,194
Jul 2013025,057102.523.72$93,155
Jun 2013025,52994.403.93$100,416
May 2013027,44194.834.15$113,855
Apr 2013027,91993.964.28$119,566
Mar 2013027,52493.623.91$107,698
Feb 2013023,57891.233.42$80,635
Jan 2013028,68691.603.42$98,104
Dec 2012030,13286.773.42$103,056
Nov 2012031,51286.953.62$114,230
Oct 2012034,00089.383.40$115,589
Sep 2012034,92094.672.92$101,911
Aug 2012039,47292.662.91$114,791
Jul 2012043,07585.133.02$130,121
Jun 2012045,55979.822.52$114,765
May 2012051,05191.612.49$127,031
Apr 2012056,067101.652.00$111,955
Mar 2012065,964105.052.22$146,577
Feb 201200101.102.57$0
Jan 2012091,98998.092.73$251,505
Dec 2011086,92996.873.24$281,627

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                3,649 Mcf  × $  3.05 =    $11,114

────────────────────────────────────────────────────
Month total                                  $11,114

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/264403 is the state's own key, not one this site invented.