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 266410District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.5 M
Apr 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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
CondensateDisposition2 bbl$145
GasProduction1,004,016 Mcf$3,459,089
Total$3,459,235

Every month this lease reported (170)

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

170 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 20240280.301.55$3
Feb 20240076.091.78$0
Jan 2024036073.023.30$1,187
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301,56180.522.67$4,172
Jul 202315,61774.852.64$14,914
Jun 202303,91268.962.26$8,835
May 202313,23070.622.23$7,265
Apr 202303,49878.122.24$7,828
Mar 202303,85772.852.39$9,230
Feb 202303,47775.112.47$8,573
Jan 202303,81976.533.39$12,938
Dec 202203,45776.415.73$19,805
Nov 202202,98985.005.65$16,876
Oct 202204,95187.185.86$29,031
Sep 202205,90584.888.16$48,207
Aug 202202,52994.529.13$23,083
Jul 202203,621101.587.54$27,310
Jun 202205,170115.097.98$41,242
May 202204,955109.378.43$41,786
Apr 202204,094104.226.84$27,993
Mar 202204,043108.885.08$20,524
Feb 202203,34291.054.86$16,238
Jan 202203,02981.844.54$13,745
Dec 202105,63371.323.90$21,964
Nov 202105,48977.435.24$28,745
Oct 202105,84179.795.71$33,375
Sep 202105,54469.865.35$29,666
Aug 202105,79566.024.22$24,458
Jul 202106,29770.783.98$25,075
Jun 202105,60169.493.38$18,935
May 202104,18763.483.02$12,635
Apr 202105,76960.362.76$15,913
Mar 202103,59561.302.72$9,767
Feb 202102,79257.805.55$15,490
Jan 202106,39150.412.81$17,960
Dec 202007,31344.642.68$19,566
Nov 202008,93838.772.71$24,191
Oct 2020011936.972.48$295
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 202001,93230.341.86$3,586
Feb 202004,59749.881.98$9,105
Jan 202004,83057.252.09$10,118
Dec 201904,83959.012.30$11,151
Nov 201904,76455.302.75$13,104
Oct 201905,13853.472.42$12,426
Sep 201905,32155.052.66$14,139
Aug 201905,34953.112.30$12,326
Jul 201905,04656.272.46$12,413
Jun 201905,66752.782.49$14,118
May 201905,67258.482.74$15,543
Apr 201905,24962.632.75$14,438
Mar 201905,30256.803.06$16,235
Feb 201905,11650.852.79$14,285
Jan 201905,87446.033.23$18,962
Dec 201806,25246.594.19$26,167
Nov 201805,48952.934.24$23,258
Oct 201806,25261.443.40$21,245
Sep 201804,98059.543.11$15,478
Aug 201805,25359.403.07$16,109
Jul 201805,33565.142.93$15,642
Jun 201805,72760.183.08$17,622
May 201807,26165.382.90$21,063
Apr 201806,70263.842.90$19,441
Mar 201806,62061.222.79$18,449
Feb 201805,84961.782.77$16,179
Jan 201806,44662.874.01$25,844
Dec 201707,09657.272.92$20,731
Nov 201707,40655.423.12$23,095
Oct 201708,11549.292.98$24,213
Sep 201707,63947.523.09$23,584
Aug 201708,08045.373.00$24,276
Jul 201707,84743.873.09$24,226
Jun 201706,75342.493.09$20,848
May 201708,25345.373.26$26,933
Apr 201708,22347.933.21$26,409
Mar 2017010,17646.772.98$30,362
Feb 201708,64250.452.95$25,516
Jan 2017010,55749.413.42$36,092
Dec 2016011,09148.763.72$41,290
Nov 201609,85442.492.64$26,057
Oct 2016010,35446.193.09$31,997
Sep 2016011,85841.553.10$36,767
Aug 201607,73641.442.92$22,623
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016064426.472.06$1,329
Jan 2016082527.352.36$1,951
Dec 201503,67932.362.00$7,363
Nov 201506,95738.792.17$15,078
Oct 201506,54543.552.43$15,882
Sep 201508,77442.992.76$24,202
Aug 201504,88640.162.87$14,035
Jul 201504,98648.152.95$14,684
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201501349.822.71$35
Mar 2015035142.892.93$1,030
Feb 201502,87544.662.98$8,557
Jan 201508,07443.433.10$25,034
Dec 201402,98754.693.59$10,727
Nov 201405,25270.464.25$22,331
Oct 2014010,09978.303.90$39,396
Sep 2014010,31886.164.05$41,741
Aug 2014010,89489.394.04$43,959
Jul 2014011,16296.564.18$46,653
Jun 201406,88198.164.74$32,594
May 201409,80594.734.73$46,344
Apr 2014017,44995.944.81$83,914
Mar 2014013,17395.895.06$66,613
Feb 201401,86597.406.19$11,548
Jan 201404,91190.404.86$23,871
Dec 2013017,86291.824.35$77,780
Nov 2013020,07788.853.74$75,053
Oct 2013023,74897.423.78$89,752
Sep 201305,459104.113.72$20,295
Aug 201303,635104.253.52$12,805
Jul 201300102.523.72$0
Jun 2013097994.403.93$3,851
May 2013013,92194.834.15$57,759
Apr 201309,69793.964.28$41,528
Mar 2013011,04593.623.91$43,218
Feb 2013026,46691.233.42$90,511
Jan 201306,07691.603.42$20,779
Dec 20120086.773.42$0
Nov 201209,73486.953.62$35,285
Oct 2012029,34389.383.40$99,757
Sep 2012031,12394.672.92$90,829
Aug 2012037,43492.662.91$108,864
Jul 2012044,09085.133.02$133,187
Jun 2012046,32079.822.52$116,682
May 2012060,33891.612.49$150,140
Apr 201200101.652.00$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.

Mar 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.30 =         $0
Gas                    2 Mcf  × $  1.55 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/266410 is the state's own key, not one this site invented.