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 268127District 09Field 65280200GasSaveExport
Value, all time
$6.5 M
Jul 2012 – May 2026
Value, last 12 filed months
$208 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
GasProduction1,839,965 Mcf$6,537,473
Total$6,537,473

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 20264,445106.413.05$13,539
Apr 20264,25598.932.87$12,211
Mar 20265,18189.753.15$16,317
Feb 20265,52363.503.75$20,713
Jan 20263,20859.138.00$25,657
Dec 20255,02656.664.41$22,182
Nov 20254,50058.593.93$17,669
Oct 20254,56159.383.30$15,073
Sep 20254,24362.743.08$13,055
Aug 20255,43263.933.01$16,376
Jul 20255,73966.743.32$19,026
Jun 20255,08666.483.13$15,913
May 20254,04160.553.23$13,062
Apr 20254,59862.363.54$16,291
Mar 20255,01167.704.27$21,389
Feb 20254,79470.884.34$20,810
Jan 20255,28674.324.28$22,617
Dec 20245,97868.993.12$18,660
Nov 20245,98569.052.20$13,158
Oct 20246,13471.372.28$13,994
Sep 20245,97569.612.36$14,127
Aug 20245,92975.632.06$12,235
Jul 20246,29079.932.15$13,502
Jun 20245,99578.082.63$15,791
May 20245,43978.812.20$11,957
Apr 20245,64184.451.66$9,360
Mar 20246,50880.301.55$10,056
Feb 20245,42076.091.78$9,667
Jan 20245,67573.023.30$18,714
Dec 20235,74671.262.61$15,001
Nov 20236,16177.892.81$17,297
Oct 20236,04085.443.09$18,647
Sep 20235,35389.042.74$14,641
Aug 20235,12280.522.67$13,690
Jul 20236,29574.852.64$16,630
Jun 20235,94068.962.26$13,415
May 20234,45170.622.23$9,914
Apr 20236,85478.122.24$15,338
Mar 20237,11672.852.39$17,030
Feb 20235,37875.112.47$13,260
Jan 20235,49976.533.39$18,629
Dec 20225,95176.415.73$34,094
Nov 20226,74485.005.65$38,078
Oct 20226,15087.185.86$36,062
Sep 202212,35184.888.16$100,830
Aug 20227,31294.529.13$66,738
Jul 20226,152101.587.54$46,399
Jun 20228,177115.097.98$65,230
May 20226,427109.378.43$54,199
Apr 20223,912104.226.84$26,749
Mar 20227,786108.885.08$39,525
Feb 20226,20691.054.86$30,154
Jan 20227,14781.844.54$32,431
Dec 20217,41871.323.90$28,924
Nov 20217,83277.435.24$41,015
Oct 20217,85479.795.71$44,877
Sep 20217,56169.865.35$40,458
Aug 20217,78266.024.22$32,845
Jul 20216,16670.783.98$24,554
Jun 20217,80469.493.38$26,382
May 20217,15063.483.02$21,576
Apr 20217,46160.362.76$20,581
Mar 20217,46061.302.72$20,268
Feb 20214,17957.805.55$23,185
Jan 20217,00050.412.81$19,672
Dec 20207,46244.642.68$19,964
Nov 20206,23438.772.71$16,873
Oct 20207,88036.972.48$19,530
Sep 20207,80437.091.99$15,538
Aug 20207,87439.982.39$18,780
Jul 20207,93238.371.83$14,477
Jun 20208,38234.901.69$14,168
May 20209,03516.921.81$16,396
Apr 20208,58614.751.80$15,492
Mar 20209,41630.341.86$17,478
Feb 20204,81249.881.98$9,531
Jan 20207,65457.252.09$16,033
Dec 201910,03059.012.30$23,113
Nov 20199,83555.302.75$27,053
Oct 20197,68853.472.42$18,594
Sep 20191,04655.052.66$2,780
Aug 201987453.112.30$2,014
Jul 20194,19756.272.46$10,325
Jun 20197,25052.782.49$18,061
May 20195,41058.482.74$14,825
Apr 20191,48662.632.75$4,088
Mar 20196,35356.803.06$19,454
Feb 20195,65250.852.79$15,782
Jan 20193,64446.033.23$11,763
Dec 20188,85846.594.19$37,075
Nov 20182,92352.934.24$12,385
Oct 20188,21961.443.40$27,929
Sep 20188,76559.543.11$27,242
Aug 201814,89559.403.07$45,676
Jul 20189,91765.142.93$29,075
Jun 20189,44060.183.08$29,046
May 20189,56665.382.90$27,749
Apr 20189,91263.842.90$28,753
Mar 201810,48661.222.79$29,223
Feb 20189,36461.782.77$25,902
Jan 20186,56662.874.01$26,325
Dec 20179,84357.272.92$28,757
Nov 201710,42455.423.12$32,506
Oct 20176,74349.292.98$20,119
Sep 201710,57447.523.09$32,645
Aug 20179,04245.373.00$27,166
Jul 201712,68243.873.09$39,153
Jun 201711,86042.493.09$36,615
May 201714,05045.373.26$45,851
Apr 201716,98647.933.21$54,552
Mar 201713,13946.772.98$39,203
Feb 201712,11550.452.95$35,771
Jan 201712,43849.413.42$42,523
Dec 201612,53148.763.72$46,651
Nov 201613,15442.492.64$34,784
Oct 201614,25646.193.09$44,055
Sep 201614,83941.553.10$46,010
Aug 201615,50841.442.92$45,351
Jul 201613,97341.622.92$40,862
Jun 201615,84245.352.69$42,549
May 201614,63042.521.99$29,129
Apr 20163,69636.561.99$7,359
Mar 20164,81133.011.79$8,631
Feb 201610,28826.472.06$21,231
Jan 201610,93927.352.36$25,864
Dec 201516,34032.362.00$32,703
Nov 201512,97638.792.17$28,123
Oct 201550843.552.43$1,233
Sep 201510,06742.992.76$27,769
Aug 201510,92940.162.87$31,393
Jul 201512,10848.152.95$35,659
Jun 201512,06356.152.88$34,776
May 201513,95255.212.96$41,234
Apr 201515,77049.822.71$42,683
Mar 201513,94742.892.93$40,930
Feb 201512,92344.662.98$38,461
Jan 201516,61843.433.10$51,526
Dec 201418,09554.693.59$64,986
Nov 201417,98470.464.25$76,465
Oct 201410,34878.303.90$40,367
Sep 201418,96986.164.05$76,738
Aug 201419,53689.394.04$78,830
Jul 201422,09696.564.18$92,352
Jun 201422,12198.164.74$104,785
May 201423,48394.734.73$110,994
Apr 201424,07895.944.81$115,794
Mar 201425,25495.895.06$127,704
Feb 201423,64697.406.19$146,416
Jan 201427,67590.404.86$134,520
Dec 201326,03791.824.35$113,378
Nov 201323,82388.853.74$89,057
Oct 201327,16397.423.78$102,659
Sep 201328,079104.113.72$104,390
Aug 201328,941104.253.52$101,948
Jul 201332,948102.523.72$122,492
Jun 201334,67394.403.93$136,383
May 201336,68194.834.15$152,192
Apr 201340,11493.964.28$171,792
Mar 201345,71893.623.91$178,889
Feb 201346,32391.233.42$158,420
Jan 201357,46591.603.42$196,525
Dec 201268,38686.773.42$233,891
Nov 201248386.953.62$1,751
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                4,445 Mcf  × $  3.05 =    $13,539

────────────────────────────────────────────────────
Month total                                  $13,539

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/268127 is the state's own key, not one this site invented.