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 257546District 09Field 65280200GasSaveExport
Value, all time
$23.7 M
May 2010 – May 2026
Value, last 12 filed months
$648 k
at the published price for each month
Months reported
193
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
GasProduction6,627,490 Mcf$23,670,231
Total$23,670,231

Every month this lease reported (193)

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

193 months

May 202615,775106.413.05$48,048
Apr 202614,70598.932.87$42,199
Mar 202614,04189.753.15$44,221
Feb 202613,48063.503.75$50,554
Jan 202614,00459.138.00$112,003
Dec 202514,66056.664.41$64,700
Nov 202514,09858.593.93$55,355
Oct 202514,56359.383.30$48,128
Sep 202513,92062.743.08$42,831
Aug 202514,98863.933.01$45,185
Jul 202515,75966.743.32$52,244
Jun 202513,58966.483.13$42,516
May 202516,04260.553.23$51,853
Apr 202515,76662.363.54$55,861
Mar 202516,58967.704.27$70,807
Feb 202514,87970.884.34$64,587
Jan 202517,06174.324.28$72,999
Dec 202416,53568.993.12$51,612
Nov 202414,84169.052.20$32,627
Oct 202415,75871.372.28$35,950
Sep 202415,20569.612.36$35,950
Aug 202415,81375.632.06$32,632
Jul 202414,78779.932.15$31,742
Jun 202414,27278.082.63$37,592
May 202415,05678.812.20$33,100
Apr 202416,30184.451.66$27,047
Mar 202416,74180.301.55$25,867
Feb 202415,90576.091.78$28,369
Jan 202418,55573.023.30$61,188
Dec 202318,23471.262.61$47,604
Nov 202317,38377.892.81$48,804
Oct 202317,51785.443.09$54,080
Sep 202316,38889.042.74$44,822
Aug 202316,79780.522.67$44,896
Jul 202316,25374.852.64$42,937
Jun 202316,43768.962.26$37,123
May 202315,97470.622.23$35,580
Apr 202315,26878.122.24$34,166
Mar 202313,89072.852.39$33,241
Feb 202313,76975.112.47$33,950
Jan 202314,12176.533.39$47,838
Dec 202213,48376.415.73$77,245
Nov 202214,73585.005.65$83,197
Oct 202216,01887.185.86$93,926
Sep 202215,26584.888.16$124,619
Aug 202215,25594.529.13$139,235
Jul 202215,653101.587.54$118,056
Jun 202215,846115.097.98$126,407
May 202217,030109.378.43$143,615
Apr 202217,082104.226.84$116,800
Mar 202217,855108.885.08$90,639
Feb 202216,00491.054.86$77,761
Jan 202217,90481.844.54$81,243
Dec 202119,17671.323.90$74,770
Nov 202118,46477.435.24$96,693
Oct 202118,14879.795.71$103,695
Sep 202118,02369.865.35$96,440
Aug 202120,58966.024.22$86,898
Jul 202121,23570.783.98$84,559
Jun 202120,04469.493.38$67,761
May 202120,74863.483.02$62,611
Apr 202119,59260.362.76$54,043
Mar 202120,96561.302.72$56,961
Feb 202115,35857.805.55$85,205
Jan 202120,61450.412.81$57,931
Dec 202019,98744.642.68$53,474
Nov 202018,68038.772.71$50,559
Oct 202019,19636.972.48$47,576
Sep 202018,92337.091.99$37,676
Aug 202019,76639.982.39$47,144
Jul 202019,75738.371.83$36,059
Jun 202020,21934.901.69$34,176
May 202021,71916.921.81$39,415
Apr 202020,07714.751.80$36,227
Mar 202020,08330.341.86$37,279
Feb 202019,43749.881.98$38,498
Jan 202023,63957.252.09$49,518
Dec 201924,07459.012.30$55,475
Nov 201923,41355.302.75$64,402
Oct 201924,51753.472.42$59,295
Sep 201923,98055.052.66$63,722
Aug 201924,52353.112.30$56,510
Jul 201924,88056.272.46$61,206
Jun 201924,14252.782.49$60,143
May 201925,10758.482.74$68,801
Apr 201924,80962.632.75$68,242
Mar 201927,71556.803.06$84,866
Feb 201918,60450.852.79$51,946
Jan 201926,90446.033.23$86,851
Dec 201826,86146.594.19$112,425
Nov 201825,98552.934.24$110,105
Oct 201827,01861.443.40$91,809
Sep 201826,67259.543.11$82,897
Aug 201827,27459.403.07$83,637
Jul 201828,25965.142.93$82,852
Jun 201827,47260.183.08$84,529
May 201826,97865.382.90$78,258
Apr 201827,75663.842.90$80,515
Mar 201828,87361.222.79$80,464
Feb 201825,84861.782.77$71,499
Jan 201828,62562.874.01$114,767
Dec 201729,18257.272.92$85,256
Nov 201728,84355.423.12$89,943
Oct 201729,92649.292.98$89,290
Sep 201729,35647.523.09$90,630
Aug 201731,28545.373.00$93,993
Jul 201731,86543.873.09$98,376
Jun 201731,11142.493.09$96,048
May 201732,68345.373.26$106,658
Apr 201731,88047.933.21$102,386
Mar 201731,46646.772.98$93,884
Feb 20175,10350.452.95$15,067
Jan 20177,74649.413.42$26,482
Dec 201618,76148.763.72$69,844
Nov 201624,11242.492.64$63,761
Oct 201633,81646.193.09$104,500
Sep 201632,78641.553.10$101,657
Aug 201633,87841.442.92$99,071
Jul 201634,14941.622.92$99,863
Jun 201633,22045.352.69$89,223
May 201634,64242.521.99$68,974
Apr 201633,84036.561.99$67,377
Mar 201635,03233.011.79$62,848
Feb 201632,40026.472.06$66,862
Jan 201634,99827.352.36$82,748
Dec 201535,87232.362.00$71,795
Nov 201534,65338.792.17$75,104
Oct 201536,22143.552.43$87,893
Sep 201536,20442.992.76$99,866
Aug 201536,43940.162.87$104,671
Jul 201536,17848.152.95$106,547
Jun 201535,01256.152.88$100,935
May 201536,17055.212.96$106,899
Apr 201535,20149.822.71$95,274
Mar 201537,62342.892.93$110,413
Feb 201535,35344.662.98$105,217
Jan 201539,75743.433.10$123,272
Dec 201440,66254.693.59$146,032
Nov 201438,19970.464.25$162,416
Oct 201442,41078.303.90$165,440
Sep 201444,70486.164.05$180,847
Aug 201448,01689.394.04$193,750
Jul 201449,00796.564.18$204,830
Jun 201448,34998.164.74$229,023
May 201449,94094.734.73$236,044
Apr 201450,82095.944.81$244,399
Mar 201453,70495.895.06$271,570
Feb 201448,59997.406.19$300,925
Jan 201456,20490.404.86$273,192
Dec 201356,71691.824.35$246,969
Nov 201356,40788.853.74$210,865
Oct 201359,69797.423.78$225,616
Sep 201358,795104.113.72$218,585
Aug 201356,754104.253.52$199,922
Jul 201364,831102.523.72$241,025
Jun 201332,77594.403.93$128,918
May 201352,84394.834.15$219,250
Apr 201331,43993.964.28$134,640
Mar 201349,49393.623.91$193,660
Feb 201366,13491.233.42$226,172
Jan 201377,80791.603.42$266,093
Dec 201247,88086.773.42$163,757
Nov 201238,09186.953.62$138,078
Oct 201233,55989.383.40$114,090
Sep 201233,15794.672.92$96,765
Aug 201230,95792.662.91$90,028
Jul 201235,15285.133.02$106,187
Jun 201232,78079.822.52$82,574
May 201215,20891.612.49$37,842
Apr 20120101.652.00$0
Mar 20123,641105.052.22$8,091
Feb 2012116,002101.102.57$298,153
Jan 2012128,39598.092.73$351,042
Dec 2011133,12596.873.24$431,290
Nov 2011136,89095.723.31$453,281
Oct 2011148,39884.983.65$541,436
Sep 2011152,39483.623.99$607,412
Aug 2011167,41483.404.15$694,654
Jul 2011173,45194.144.52$783,520
Jun 2011190,77492.904.64$885,168
May 2011217,95998.134.40$960,070
Apr 2011235,508105.964.33$1,020,522
Mar 2011263,11096.364.06$1,067,527
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

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               15,775 Mcf  × $  3.05 =    $48,048

────────────────────────────────────────────────────
Month total                                  $48,048

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/257546 is the state's own key, not one this site invented.