KING 11

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 44064District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.8 M
May 2013 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
157
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
OilDisposition89,952 bbl$6,529,971
Casinghead gasProduction346,977 Mcf$1,226,152
Total$7,756,123

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 31.4000, -102.3872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.40010, -102.38640 · 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
2,880 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 2,878 and 2,885 ft, median 2,880 ft, over the 3 wells that filed a depth.

Completions filed
May 2013 – Oct 2014
3 of 3 wells

3 wells

42-103362965H2,885 ftOct 2014
42-103362321H2,878 ftOct 2013
42-103360774H2,880 ftMay 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 (157)

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

157 months

May 202695403106.413.05$11,336
Apr 202614740998.932.87$15,716
Mar 20268035089.753.15$8,282
Feb 20264621663.503.75$3,731
Jan 20268938059.138.00$8,302
Dec 20258245556.664.41$6,654
Nov 20257643658.593.93$6,165
Oct 20254943959.383.30$4,360
Sep 202514548162.743.08$10,577
Aug 202513749663.933.01$10,254
Jul 20256848566.743.32$6,146
Jun 202510746766.483.13$8,574
May 20254451860.553.23$4,339
Apr 202511451362.363.54$8,927
Mar 20255652067.704.27$6,011
Feb 20254842870.884.34$5,260
Jan 20254641674.324.28$5,199
Dec 202415356468.993.12$12,316
Nov 20244355669.052.20$4,191
Oct 20244963471.372.28$4,944
Sep 20244774869.612.36$5,040
Aug 202410085175.632.06$9,319
Jul 2024471,29679.932.15$6,539
Jun 2024501,30378.082.63$7,336
May 20241051,47078.812.20$11,507
Apr 2024521,46684.451.66$6,824
Mar 20241321,68280.301.55$13,199
Feb 2024641,55776.091.78$7,647
Jan 20242081,50273.023.30$20,141
Dec 2023731,57071.262.61$9,301
Nov 2023701,54177.892.81$9,779
Oct 20232471,53285.443.09$25,833
Sep 2023931,51089.042.74$12,411
Aug 2023901,18280.522.67$10,406
Jul 20231861,08274.852.64$16,781
Jun 2023941,02368.962.26$8,793
May 20232861,37770.622.23$23,264
Apr 20232551,16378.122.24$22,523
Mar 20231671,58072.852.39$15,947
Feb 2023811,32475.112.47$9,348
Jan 20232621,59276.533.39$25,444
Dec 20221691,78376.415.73$23,128
Nov 20221621,57185.005.65$22,640
Oct 20222501,68787.185.86$31,687
Sep 20222581,98884.888.16$38,128
Aug 20222582,95394.529.13$51,339
Jul 2022861,834101.587.54$22,568
Jun 20223691,343115.097.98$53,182
May 2022981,276109.378.43$21,479
Apr 20223121,163104.226.84$40,469
Mar 20222481,151108.885.08$32,845
Feb 20222511,14691.054.86$28,422
Jan 20224601,31181.844.54$43,595
Dec 20213251,43571.323.90$28,774
Nov 20212341,17177.435.24$24,251
Oct 20213521,06079.795.71$34,143
Sep 202125280169.865.35$21,891
Aug 202169389266.024.22$49,517
Jul 2021711,03170.783.98$9,131
Jun 202138743869.493.38$28,373
May 202117272563.483.02$13,106
Apr 202134574260.362.76$22,871
Mar 202113392861.302.72$10,674
Feb 2021272957.805.55$4,160
Jan 20212411,12850.412.81$15,319
Dec 20202571,18344.642.68$14,638
Nov 20204171,14438.772.71$19,263
Oct 20202731,24736.972.48$13,183
Sep 20203611,17937.091.99$15,737
Aug 202026477839.982.39$12,410
Jul 2020244038.371.83$9,362
Jun 20208613734.901.69$3,233
May 202020016.921.81$338
Apr 202044014.751.80$649
Mar 202010726630.341.86$3,740
Feb 20207444149.881.98$4,565
Jan 202013866357.252.09$9,289
Dec 201910773959.012.30$8,017
Nov 201910968155.302.75$7,901
Oct 201910564653.472.42$7,177
Sep 201913459355.052.66$8,952
Aug 201914956753.112.30$9,220
Jul 201913760056.272.46$9,185
Jun 201913367652.782.49$8,704
May 201919572158.482.74$13,379
Apr 201911675462.632.75$9,339
Mar 201942076756.803.06$26,205
Feb 20196975450.852.79$5,614
Jan 20191431,07246.033.23$10,043
Dec 201814890346.594.19$10,675
Nov 2018541,03352.934.24$7,235
Oct 20181961,21761.443.40$16,178
Sep 20182461,36359.543.11$18,883
Aug 20183011,28159.403.07$21,808
Jul 20182821,34665.142.93$22,316
Jun 20183131,30260.183.08$22,842
May 20182991,02865.382.90$22,531
Apr 201826288063.842.90$19,279
Mar 20182251,17861.222.79$17,057
Feb 20182401,09561.782.77$17,856
Jan 20181501,12962.874.01$13,957
Dec 20171531,33657.272.92$12,665
Nov 20171091,37755.423.12$10,335
Oct 20171221,40649.292.98$10,208
Sep 20171871,78147.523.09$14,385
Aug 20171241,12845.373.00$9,015
Jul 201716485443.873.09$9,831
Jun 201718089042.493.09$10,396
May 201733978745.373.26$17,949
Apr 201724784047.933.21$14,536
Mar 20173531,00546.772.98$19,508
Feb 20173021,14350.452.95$18,611
Jan 20171841,11149.413.42$12,890
Dec 20161981,43148.763.72$14,982
Nov 20164581,71942.492.64$24,006
Oct 20163671,86846.193.09$22,724
Sep 20164831,95141.553.10$26,118
Aug 20165952,51741.442.92$32,017
Jul 20166852,43041.622.92$35,616
Jun 20165942,19845.352.69$32,841
May 20164333,01542.521.99$24,414
Apr 20164903,47036.561.99$24,823
Mar 20166133,47033.011.79$26,460
Feb 20166513,14126.472.06$23,714
Jan 20166754,20527.352.36$28,403
Dec 20157005,66432.362.00$33,988
Nov 20159826,49438.792.17$52,166
Oct 20158926,50743.552.43$54,636
Sep 20159285,41042.992.76$54,818
Aug 20151,0475,52740.162.87$57,924
Jul 20151,0995,32448.152.95$68,596
Jun 20159365,65656.152.88$68,862
May 20151,3736,28455.212.96$94,375
Apr 20151,8637,90049.822.71$114,197
Mar 20152,4278,60642.892.93$129,350
Feb 20152,0647,16944.662.98$113,515
Jan 20152,98311,24743.433.10$164,424
Dec 20143,0369,62754.693.59$200,613
Nov 20144,27514,39770.464.25$362,430
Oct 20141,9867,23778.303.90$183,735
Sep 20141,1154,62586.164.05$114,779
Aug 20141,6391,96189.394.04$154,423
Jul 20141,7802,62096.564.18$182,827
Jun 20142,0552,96098.164.74$215,740
May 20141,9193,21694.734.73$196,987
Apr 20141,8682,65095.944.81$191,960
Mar 20141,7503,85995.895.06$187,322
Feb 20142,3475,30897.406.19$261,465
Jan 20142,2749,15890.404.86$250,084
Dec 20131,74413,15091.824.35$217,395
Nov 20132,02212,31988.853.74$225,707
Oct 20132,0052,42597.423.78$204,492
Sep 20131,9652,867104.113.72$215,235
Aug 20133,0056,061104.253.52$334,622
Jul 20133,8256,282102.523.72$415,494
Jun 20134,89311,36394.403.93$506,595
May 20131,12086594.834.15$109,799

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                   95 bbl  × $106.41 =    $10,109
Casinghead gas       403 Mcf  × $  3.05 =     $1,227

────────────────────────────────────────────────────
Month total                                  $11,336

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/44064 is the state's own key, not one this site invented.