KING B

Operated by TEP BARNETT USA, LLC (P-5 842986) 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 256398District 09Field 65280200GasSaveExport
Value, all time
$22.9 M
Nov 2009 – May 2026
Value, last 12 filed months
$427 k
at the published price for each month
Months reported
199
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
GasProduction6,428,288 Mcf$22,854,538
Total$22,854,538

Every month this lease reported (199)

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

199 months

May 20269,141106.413.05$27,842
Apr 20268,94298.932.87$25,661
Mar 20268,85289.753.15$27,879
Feb 20269,02463.503.75$33,843
Jan 20268,80459.138.00$70,414
Dec 20259,76056.664.41$43,074
Nov 20259,54158.593.93$37,462
Oct 202510,21259.383.30$33,749
Sep 202510,10262.743.08$31,083
Aug 202510,31263.933.01$31,088
Jul 202510,32366.743.32$34,223
Jun 20259,85466.483.13$30,830
May 202511,08060.553.23$35,814
Apr 202510,89562.363.54$38,602
Mar 202511,43667.704.27$48,813
Feb 202510,22270.884.34$44,372
Jan 202511,38874.324.28$48,726
Dec 202411,44568.993.12$35,724
Nov 202410,29469.052.20$22,631
Oct 202411,23071.372.28$25,620
Sep 202410,93169.612.36$25,845
Aug 202411,51475.632.06$23,761
Jul 202411,63579.932.15$24,976
Jun 202411,46578.082.63$30,199
May 202411,62078.812.20$25,546
Apr 202411,29684.451.66$18,742
Mar 202411,39380.301.55$17,604
Feb 202411,05576.091.78$19,718
Jan 202411,66473.023.30$38,464
Dec 202311,34171.262.61$29,608
Nov 202311,04377.892.81$31,004
Oct 202311,38485.443.09$35,146
Sep 202310,70789.042.74$29,284
Aug 202310,55080.522.67$28,199
Jul 202310,62774.852.64$28,074
Jun 202310,80968.962.26$24,412
May 202312,08270.622.23$26,911
Apr 202311,71478.122.24$26,213
Mar 202311,98172.852.39$28,672
Feb 202312,18275.112.47$30,037
Jan 202313,10276.533.39$44,386
Dec 202212,04476.415.73$69,001
Nov 202211,53985.005.65$65,152
Oct 202212,61087.185.86$73,942
Sep 202211,88784.888.16$97,042
Aug 202211,17194.529.13$101,960
Jul 20229,933101.587.54$74,915
Jun 202211,017115.097.98$87,885
May 202212,267109.378.43$103,448
Apr 202211,790104.226.84$80,615
Mar 202211,768108.885.08$59,739
Feb 202210,10391.054.86$49,089
Jan 202213,24281.844.54$60,088
Dec 202113,57371.323.90$52,923
Nov 202113,12177.435.24$68,713
Oct 202113,72779.795.71$78,434
Sep 202112,49569.865.35$66,860
Aug 202113,46966.024.22$56,847
Jul 202114,28770.783.98$56,892
Jun 202113,69769.493.38$46,304
May 202114,05163.483.02$42,401
Apr 202113,53760.362.76$37,341
Mar 202114,24461.302.72$38,700
Feb 202110,56857.805.55$58,631
Jan 202114,62550.412.81$41,100
Dec 20206,96344.642.68$18,629
Nov 202013,94738.772.71$37,749
Oct 202015,44336.972.48$38,274
Sep 202012,72837.091.99$25,342
Aug 20204,38139.982.39$10,449
Jul 202011,40738.371.83$20,819
Jun 202015,48534.901.69$26,174
May 202016,46716.921.81$29,883
Apr 202016,52314.751.80$29,814
Mar 202017,37030.341.86$32,243
Feb 202017,96949.881.98$35,591
Jan 202018,63357.252.09$39,031
Dec 201919,95259.012.30$45,977
Nov 201919,96455.302.75$54,915
Oct 201920,60853.472.42$49,841
Sep 201919,40755.052.66$51,570
Aug 201921,04953.112.30$48,504
Jul 201921,53656.272.46$52,980
Jun 201920,84152.782.49$51,919
May 201921,96458.482.74$60,188
Apr 201922,01762.632.75$60,562
Mar 201924,43556.803.06$74,822
Feb 201921,53650.852.79$60,133
Jan 201921,71846.033.23$70,110
Dec 201822,50946.594.19$94,210
Nov 201821,76352.934.24$92,215
Oct 201822,51361.443.40$76,501
Sep 201821,92259.543.11$68,134
Aug 201819,76159.403.07$60,598
Jul 201821,33565.142.93$62,552
Jun 201820,52760.183.08$63,160
May 201821,22965.382.90$61,581
Apr 201821,73963.842.90$63,060
Mar 201819,27761.222.79$53,722
Feb 201817,00361.782.77$47,032
Jan 201820,40162.874.01$81,794
Dec 201721,49657.272.92$62,801
Nov 201720,79255.423.12$64,837
Oct 201721,64549.292.98$64,582
Sep 201720,84747.523.09$64,361
Aug 201724,37245.373.00$73,223
Jul 201725,23143.873.09$77,895
Jun 201726,40542.493.09$81,520
May 201728,00745.373.26$91,398
Apr 201728,21747.933.21$90,622
Mar 201723,62646.772.98$70,492
Feb 201718,56850.452.95$54,824
Jan 201723,01449.413.42$78,680
Dec 201627,06548.763.72$100,758
Nov 201633,16742.492.64$87,705
Oct 201635,28746.193.09$109,046
Sep 201627,16441.553.10$84,226
Aug 201635,17341.442.92$102,858
Jul 201626,97041.622.92$78,869
Jun 201622,34745.352.69$60,020
May 201623,35342.521.99$46,497
Apr 201632,54036.561.99$64,788
Mar 201636,81133.011.79$66,039
Feb 201634,58026.472.06$71,360
Jan 201635,34527.352.36$83,568
Dec 201539,16832.362.00$78,391
Nov 201537,56538.792.17$81,416
Oct 201539,14643.552.43$94,991
Sep 201540,06642.992.76$110,519
Aug 201540,11740.162.87$115,236
Jul 201545,09048.152.95$132,794
Jun 201542,77656.152.88$123,317
May 201540,66555.212.96$120,183
Apr 201540,88449.822.71$110,655
Mar 201542,68842.892.93$125,277
Feb 201533,94944.662.98$101,039
Jan 201531,64643.433.10$98,123
Dec 20149,62954.693.59$34,581
Nov 201418,84670.464.25$80,130
Oct 201449,76878.303.90$194,143
Sep 201448,07786.164.05$194,493
Aug 201455,04289.394.04$222,101
Jul 201457,98796.564.18$242,362
Jun 201456,50198.164.74$267,638
May 201457,73394.734.73$272,878
Apr 201460,33295.944.81$290,144
Mar 201463,72595.895.06$322,245
Feb 201461,20997.406.19$379,006
Jan 201466,62190.404.86$323,826
Dec 201350,47791.824.35$219,801
Nov 201366,63188.853.74$249,085
Oct 201371,29097.423.78$269,431
Sep 201370,973104.113.72$263,859
Aug 201376,398104.253.52$269,120
Jul 201384,278102.523.72$313,324
Jun 201352,74694.403.93$207,472
May 201372,25594.834.15$299,792
Apr 201349,79593.964.28$213,252
Mar 201363,44593.623.91$248,252
Feb 201380,40491.233.42$274,974
Jan 201389,76691.603.42$306,992
Dec 201248,33186.773.42$165,300
Nov 201222686.953.62$819
Oct 201288,09689.383.40$299,498
Sep 201290,35294.672.92$263,683
Aug 201297,06092.662.91$282,266
Jul 2012102,26485.133.02$308,919
Jun 2012109,92079.822.52$276,893
May 2012100,99391.612.49$251,303
Apr 20120101.652.00$0
Mar 20122,760105.052.22$6,133
Feb 201281,275101.102.57$208,896
Jan 201296,76698.092.73$264,566
Dec 2011112,09096.873.24$363,142
Nov 2011110,80395.723.31$366,900
Oct 2011124,51784.983.65$454,305
Sep 2011131,39083.623.99$523,694
Aug 2011149,54783.404.15$620,518
Jul 2011158,85794.144.52$717,595
Jun 2011169,29292.904.64$785,495
May 2011196,87298.134.40$867,186
Apr 2011221,651105.964.33$960,476
Mar 2011259,47796.364.06$1,052,786
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$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                9,141 Mcf  × $  3.05 =    $27,842

────────────────────────────────────────────────────
Month total                                  $27,842

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/256398 is the state's own key, not one this site invented.