KING 9

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43482District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Feb 2013 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
oil, casinghead 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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition18,677 bbl$1,414,245
Casinghead gasProduction14,513 Mcf$56,328
Total$1,470,573

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.4259, -102.3780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.42462, -102.37937 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
3,072 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 3,041 and 12,380 ft, median 3,072 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2013 – Aug 2013
3 of 3 wells

3 wells

42-103360706H3,072 ftAug 2013
42-10336035E 1SW12,380 ftMay 2013
42-103360541H3,041 ftFeb 2013

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (160)

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

160 months

May 20267140106.413.05$7,677
Apr 20261114198.932.87$11,099
Mar 2026774589.753.15$7,052
Feb 2026352963.503.75$2,331
Jan 2026863759.138.00$5,381
Dec 2025824156.664.41$4,827
Nov 2025734058.593.93$4,434
Oct 2025293959.383.30$1,851
Sep 2025934262.743.08$5,964
Aug 20251044363.933.01$6,778
Jul 2025374066.743.32$2,602
Jun 2025863866.483.13$5,836
May 2025443960.553.23$2,790
Apr 2025373862.363.54$2,442
Mar 202523367.704.27$1,570
Feb 202548870.884.34$3,437
Jan 2025463474.324.28$3,564
Dec 20241164568.993.12$8,143
Nov 2024314469.052.20$2,237
Oct 2024392971.372.28$2,850
Sep 2024386069.612.36$2,787
Aug 2024806875.632.06$6,191
Jul 20243810479.932.15$3,261
Jun 20244010478.082.63$3,397
May 20248411878.812.20$6,879
Apr 20243511784.451.66$3,150
Mar 20244210180.301.55$3,529
Feb 2024362276.091.78$2,778
Jan 20249010073.023.30$6,902
Dec 20233110571.262.61$2,483
Nov 20233010377.892.81$2,626
Oct 20235910285.443.09$5,356
Sep 2023253389.042.74$2,316
Aug 2023186980.522.67$1,634
Jul 2023203674.852.64$1,592
Jun 202393468.962.26$697
May 2023294670.622.23$2,150
Apr 2023263978.122.24$2,118
Mar 2023175372.852.39$1,365
Feb 202384475.112.47$709
Jan 2023145376.533.39$1,251
Dec 2022106076.415.73$1,108
Nov 2022105285.005.65$1,144
Oct 2022435687.185.86$4,077
Sep 2022916684.888.16$8,263
Aug 2022889594.529.13$9,185
Jul 20223057101.587.54$3,477
Jun 202211445115.097.98$13,479
May 20222743109.378.43$3,316
Apr 20225739104.226.84$6,207
Mar 202204108.885.08$20
Feb 20220091.054.86$0
Jan 202225081.844.54$2,046
Dec 20213037771.323.90$3,610
Nov 20212037177.435.24$3,491
Oct 20212934679.795.71$4,291
Sep 20212125169.865.35$2,810
Aug 20216727966.024.22$5,601
Jul 20211132770.783.98$2,081
Jun 20216321769.493.38$5,111
May 20213036363.483.02$3,000
Apr 20214635960.362.76$3,767
Mar 2021037661.302.72$1,022
Feb 2021026357.805.55$1,459
Jan 20210050.412.81$0
Dec 202010044.642.68$446
Nov 20203718938.772.71$1,946
Oct 20202952936.972.48$2,383
Sep 20206361837.091.99$3,567
Aug 20205541139.982.39$3,179
Jul 202049038.371.83$1,880
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202011014.751.80$162
Mar 202027030.341.86$819
Feb 202019049.881.98$948
Jan 202034057.252.09$1,947
Dec 201937059.012.30$2,183
Nov 201937055.302.75$2,046
Oct 201930053.472.42$1,604
Sep 201934055.052.66$1,872
Aug 201938053.112.30$2,018
Jul 201934056.272.46$1,913
Jun 201935052.782.49$1,847
May 201958058.482.74$3,392
Apr 201938062.632.75$2,380
Mar 2019117056.803.06$6,646
Feb 201914050.852.79$712
Jan 201943046.033.23$1,979
Dec 201860046.594.19$2,795
Nov 201822052.934.24$1,164
Oct 201869061.443.40$4,239
Sep 201894059.543.11$5,597
Aug 2018113059.403.07$6,712
Jul 201874065.142.93$4,820
Jun 201847060.183.08$2,828
May 201835065.382.90$2,288
Apr 201837063.842.90$2,362
Mar 201832061.222.79$1,959
Feb 201838061.782.77$2,348
Jan 201824062.874.01$1,509
Dec 201729057.272.92$1,661
Nov 201726055.423.12$1,441
Oct 201731049.292.98$1,528
Sep 201758047.523.09$2,756
Aug 201744045.373.00$1,996
Jul 201791043.873.09$3,992
Jun 201787042.493.09$3,697
May 201797045.373.26$4,401
Apr 201780047.933.21$3,834
Mar 2017140046.772.98$6,548
Feb 201789050.452.95$4,490
Jan 201763049.413.42$3,113
Dec 201671048.763.72$3,462
Nov 201697042.492.64$4,122
Oct 201620046.193.09$924
Sep 201631141.553.10$1,291
Aug 201629241.442.92$1,208
Jul 2016293741.622.92$1,315
Jun 2016443645.352.69$2,092
May 2016743942.521.99$3,224
Apr 20161404136.561.99$5,200
Mar 20162024133.011.79$6,742
Feb 20162263726.472.06$6,059
Jan 20162714527.352.36$7,518
Dec 20153004532.362.00$9,798
Nov 20154114738.792.17$16,045
Oct 20154114543.552.43$18,008
Sep 20154255942.992.76$18,434
Aug 20153505640.162.87$14,217
Jul 20151212548.152.95$5,900
Jun 2015642156.152.88$3,654
May 2015933555.212.96$5,238
Apr 2015753649.822.71$3,834
Mar 20151359742.892.93$6,075
Feb 20151637044.662.98$7,488
Jan 201525010443.433.10$11,180
Dec 20141706354.693.59$9,524
Nov 20145070.464.25$352
Oct 201423078.303.90$1,801
Sep 201447086.164.05$4,050
Aug 2014191989.394.04$17,110
Jul 20148313896.564.18$8,591
Jun 201492798.164.74$9,064
May 20142303194.734.73$21,934
Apr 20142682495.944.81$25,827
Mar 201447032295.895.06$46,697
Feb 201493255797.406.19$94,226
Jan 20146171,95990.404.86$65,299
Dec 20131372591.824.35$4,351
Nov 20133490288.853.74$6,393
Oct 201328028897.423.78$28,366
Sep 2013762261104.113.72$80,302
Aug 2013994190104.253.52$104,294
Jul 201398596102.523.72$101,339
Jun 20131,645194.403.93$155,292
May 20131,610294.834.15$152,685
Apr 201314093.964.28$1,315
Mar 20130093.623.91$0
Feb 20132091.233.42$182

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
Oil                   71 bbl  × $106.41 =     $7,555
Casinghead gas        40 Mcf  × $  3.05 =       $122

────────────────────────────────────────────────────
Month total                                   $7,677

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. 08/O/43482 is the state's own key, not one this site invented.