KING SISTERS

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 265043District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.2 M
Jan 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition5 bbl$350
GasProduction669,670 Mcf$2,207,453
Total$2,207,803

Every month this lease reported (173)

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

173 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20232068.962.26$138
May 20233070.622.23$212
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202101,76771.323.90$6,890
Nov 202101,82277.435.24$9,542
Oct 202101,98779.795.71$11,353
Sep 202101,70269.865.35$9,107
Aug 202101,62666.024.22$6,863
Jul 202101,26470.783.98$5,033
Jun 2021027369.493.38$923
May 202101,76363.483.02$5,320
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001,04230.341.86$1,934
Feb 202002,78049.881.98$5,506
Jan 202003,05457.252.09$6,397
Dec 201903,44259.012.30$7,932
Nov 201903,59255.302.75$9,881
Oct 201903,89253.472.42$9,413
Sep 201903,37655.052.66$8,971
Aug 201903,56753.112.30$8,220
Jul 201903,48856.272.46$8,581
Jun 201903,76352.782.49$9,374
May 201903,47258.482.74$9,514
Apr 201903,39862.632.75$9,347
Mar 201904,23556.803.06$12,968
Feb 201904,22950.852.79$11,808
Jan 201904,59946.033.23$14,846
Dec 201804,85246.594.19$20,308
Nov 201804,54552.934.24$19,258
Oct 201805,25161.443.40$17,843
Sep 201805,27659.543.11$16,398
Aug 201805,50759.403.07$16,888
Jul 201805,29665.142.93$15,527
Jun 2018011,90860.183.08$36,640
May 201804,74365.382.90$13,758
Apr 201803,95763.842.90$11,478
Mar 201805,07061.222.79$14,129
Feb 201804,35561.782.77$12,046
Jan 201806,43462.874.01$25,796
Dec 201704,70457.272.92$13,743
Nov 201704,93855.423.12$15,398
Oct 201704,98649.292.98$14,877
Sep 201705,57647.523.09$17,215
Aug 201705,51345.373.00$16,563
Jul 201705,69243.873.09$17,573
Jun 201705,56642.493.09$17,184
May 201705,63745.373.26$18,396
Apr 201705,09647.933.21$16,366
Mar 201702,73846.772.98$8,169
Feb 201704,47850.452.95$13,222
Jan 201704,46349.413.42$15,258
Dec 201604,80448.763.72$17,884
Nov 201605,19842.492.64$13,745
Oct 201604,48746.193.09$13,866
Sep 201601,76441.553.10$5,470
Aug 201606,61741.442.92$19,350
Jul 201604,92841.622.92$14,411
Jun 201607,86445.352.69$21,121
May 201608,73842.521.99$17,398
Apr 201607,83036.561.99$15,590
Mar 201607,35033.011.79$13,186
Feb 201606,59326.472.06$13,606
Jan 201601,67427.352.36$3,958
Dec 20150932.362.00$18
Nov 20150038.792.17$0
Oct 20150943.552.43$22
Sep 2015069242.992.76$1,909
Aug 201506,45740.162.87$18,548
Jul 201507,58048.152.95$22,324
Jun 201507,97556.152.88$22,991
May 201507,57455.212.96$22,385
Apr 201507,51549.822.71$20,340
Mar 201506,84442.892.93$20,085
Feb 201506,00444.662.98$17,869
Jan 201509,42543.433.10$29,223
Dec 2014010,32554.693.59$37,081
Nov 201408,53870.464.25$36,302
Oct 201409,51878.303.90$37,129
Sep 201408,13586.164.05$32,910
Aug 201407,92789.394.04$31,986
Jul 201403,81896.564.18$15,958
Jun 201404,64898.164.74$22,017
May 201407,05694.734.73$33,351
Apr 201409,46095.944.81$45,494
Mar 201407,92095.895.06$40,050
Feb 201407,30797.406.19$45,245
Jan 201408,04290.404.86$39,090
Dec 2013010,42991.824.35$45,413
Nov 201308,52588.853.74$31,869
Oct 201308,52697.423.78$32,223
Sep 201306,697104.113.72$24,898
Aug 201309,540104.253.52$33,606
Jul 2013014,063102.523.72$52,283
Jun 2013012,18494.403.93$47,925
May 2013013,37094.834.15$55,473
Apr 2013012,16393.964.28$52,089
Mar 2013016,71593.623.91$65,404
Feb 2013014,29591.233.42$48,888
Jan 2013057991.603.42$1,980
Dec 2012010,07086.773.42$34,441
Nov 2012014086.953.62$507
Oct 201202,55989.383.40$8,700
Sep 2012021,12594.672.92$61,651
Aug 201207,63192.662.91$22,192
Jul 201209,66485.133.02$29,193
Jun 2012022,56379.822.52$56,837
May 2012013,76891.612.49$34,259
Apr 201200101.652.00$0
Mar 201202,447105.052.22$5,437
Feb 2012038,700101.102.57$99,468
Jan 201202,57898.092.73$7,048

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.

Jun 2023 — as filed, then multipliedworked
Condensate             2 bbl  × $ 68.96 =       $138
Gas                    0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                     $138

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/265043 is the state's own key, not one this site invented.