HILL TOP RANCH '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 268038District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Jul 2012 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
167
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
GasProduction1,700,599 Mcf$5,984,501
Total$5,984,501

Every month this lease reported (167)

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

167 months

May 20263,932106.413.05$11,976
Apr 20264,18998.932.87$12,021
Mar 20263,82289.753.15$12,037
Feb 20262,95763.503.75$11,090
Jan 20263,23859.138.00$25,897
Dec 20254,14956.664.41$18,311
Nov 20253,45658.593.93$13,570
Oct 20253,89559.383.30$12,872
Sep 20253,80162.743.08$11,695
Aug 20254,13763.933.01$12,472
Jul 20254,28066.743.32$14,189
Jun 20254,09866.483.13$12,821
May 20253,56360.553.23$11,517
Apr 20253,03362.363.54$10,746
Mar 20253,75567.704.27$16,028
Feb 20253,32070.884.34$14,412
Jan 20254,06774.324.28$17,401
Dec 20244,01268.993.12$12,523
Nov 20243,93069.052.20$8,640
Oct 20243,96971.372.28$9,055
Sep 20244,04169.612.36$9,554
Aug 20244,23575.632.06$8,739
Jul 20244,32079.932.15$9,273
Jun 20243,83778.082.63$10,107
May 20243,91478.812.20$8,605
Apr 20243,76784.451.66$6,250
Mar 20244,14980.301.55$6,411
Feb 20243,70876.091.78$6,614
Jan 20244,28073.023.30$14,114
Dec 20234,50571.262.61$11,761
Nov 20234,45877.892.81$12,516
Oct 20234,53685.443.09$14,004
Sep 20234,13389.042.74$11,304
Aug 20234,43680.522.67$11,857
Jul 20234,69374.852.64$12,398
Jun 20234,24468.962.26$9,585
May 20234,28070.622.23$9,533
Apr 20234,82378.122.24$10,793
Mar 20235,02172.852.39$12,016
Feb 20234,24675.112.47$10,469
Jan 20234,47276.533.39$15,150
Dec 20224,52576.415.73$25,924
Nov 20225,16985.005.65$29,185
Oct 20225,15087.185.86$30,198
Sep 20228,69684.888.16$70,991
Aug 20225,66994.529.13$51,742
Jul 20225,111101.587.54$38,548
Jun 20225,475115.097.98$43,675
May 20225,164109.378.43$43,548
Apr 20224,440104.226.84$30,359
Mar 20224,985108.885.08$25,306
Feb 20224,56691.054.86$22,185
Jan 20224,76081.844.54$21,599
Dec 20215,15671.323.90$20,104
Nov 20214,87577.435.24$25,530
Oct 20215,29979.795.71$30,278
Sep 20215,35669.865.35$28,660
Aug 20214,97066.024.22$20,976
Jul 20215,11570.783.98$20,368
Jun 20215,34169.493.38$18,056
May 20215,78363.483.02$17,451
Apr 20214,68660.362.76$12,926
Mar 20214,92961.302.72$13,392
Feb 20213,58457.805.55$19,884
Jan 20215,37450.412.81$15,102
Dec 20205,88244.642.68$15,737
Nov 20205,10638.772.71$13,820
Oct 20205,25636.972.48$13,027
Sep 20205,34537.091.99$10,642
Aug 20205,73539.982.39$13,679
Jul 20205,91738.371.83$10,799
Jun 20205,98534.901.69$10,117
May 20206,36116.921.81$11,544
Apr 20205,78114.751.80$10,431
Mar 20202,14930.341.86$3,989
Feb 20204,89549.881.98$9,695
Jan 20203,25357.252.09$6,814
Dec 20195,43159.012.30$12,515
Nov 20195,64355.302.75$15,522
Oct 20195,44453.472.42$13,167
Sep 20195,34355.052.66$14,198
Aug 20195,11953.112.30$11,796
Jul 20194,85756.272.46$11,949
Jun 20196,53852.782.49$16,287
May 20198,61858.482.74$23,616
Apr 20198,21262.632.75$22,589
Mar 20197,94656.803.06$24,331
Feb 20197,06950.852.79$19,738
Jan 20197,88546.033.23$25,454
Dec 20188,20146.594.19$34,325
Nov 20188,60652.934.24$36,466
Oct 20188,09761.443.40$27,514
Sep 20187,99759.543.11$24,855
Aug 20186,86959.403.07$21,064
Jul 20188,42165.142.93$24,689
Jun 20188,19460.183.08$25,212
May 20188,66765.382.90$25,141
Apr 20188,52163.842.90$24,718
Mar 20189,04561.222.79$25,207
Feb 20187,28861.782.77$20,159
Jan 20188,33962.874.01$33,434
Dec 20178,42057.272.92$24,599
Nov 20178,34055.423.12$26,007
Oct 201710,43749.292.98$31,141
Sep 20179,38547.523.09$28,974
Aug 201710,14845.373.00$30,489
Jul 201710,39943.873.09$32,105
Jun 201710,64142.493.09$32,852
May 201710,79245.373.26$35,219
Apr 20179,18147.933.21$29,486
Mar 201711,17246.772.98$33,334
Feb 201710,34550.452.95$30,545
Jan 201711,68949.413.42$39,962
Dec 201611,65948.763.72$43,404
Nov 201611,79342.492.64$31,185
Oct 201612,47946.193.09$38,563
Sep 201612,45041.553.10$38,603
Aug 201613,31241.442.92$38,929
Jul 201613,13241.622.92$38,402
Jun 201613,75745.352.69$36,949
May 201613,88442.521.99$27,644
Apr 201613,32036.561.99$26,521
Mar 201610,35433.011.79$18,575
Feb 201611,58426.472.06$23,905
Jan 201612,31327.352.36$29,112
Dec 201512,21432.362.00$24,445
Nov 201511,81938.792.17$25,616
Oct 201512,97543.552.43$31,485
Sep 201513,00242.992.76$35,865
Aug 201513,98240.162.87$40,163
Jul 201514,29048.152.95$42,085
Jun 201514,20456.152.88$40,948
May 201515,50055.212.96$45,809
Apr 201515,55349.822.71$42,095
Mar 201516,54942.892.93$48,567
Feb 201515,48644.662.98$46,089
Jan 201517,87343.433.10$55,418
Dec 201418,15054.693.59$65,183
Nov 201417,76870.464.25$75,547
Oct 201419,44978.303.90$75,870
Sep 201419,72286.164.05$79,784
Aug 201421,50189.394.04$86,759
Jul 201421,26296.564.18$88,867
Jun 201416,20298.164.74$76,747
May 201417,67394.734.73$83,532
Apr 201418,70495.944.81$89,950
Mar 201420,09395.895.06$101,606
Feb 201419,46297.406.19$120,509
Jan 201422,13490.404.86$107,587
Dec 201322,08991.824.35$96,186
Nov 201323,72588.853.74$88,691
Oct 201325,93897.423.78$98,029
Sep 201326,638104.113.72$99,033
Aug 201329,446104.253.52$103,727
Jul 201331,626102.523.72$117,577
Jun 201333,08594.403.93$130,137
May 201336,92194.834.15$153,188
Apr 201339,06193.964.28$167,282
Mar 201341,98793.623.91$164,290
Feb 201343,13191.233.42$147,504
Jan 201357,12491.603.42$195,359
Dec 201266,35786.773.42$226,952
Nov 201219,02486.953.62$68,961
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$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                3,932 Mcf  × $  3.05 =    $11,976

────────────────────────────────────────────────────
Month total                                  $11,976

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/268038 is the state's own key, not one this site invented.