KING-GUTTRY-RIVES (SA)

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 266431District 09Field 65280200GasSaveExport
Value, all time
$948 k
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
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
GasProduction332,411 Mcf$947,971
Total$947,971

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202365170.622.23$1,450
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202097330.341.86$1,806
Feb 20204,10849.881.98$8,137
Jan 20203,63757.252.09$7,619
Dec 20194,04159.012.30$9,312
Nov 20191,96955.302.75$5,416
Oct 20195953.472.42$143
Sep 20194,08055.052.66$10,842
Aug 20193,53853.112.30$8,153
Jul 20194,54256.272.46$11,174
Jun 20194,39252.782.49$10,941
May 20194,77358.482.74$13,080
Apr 20197,39862.632.75$20,350
Mar 20192,77856.803.06$8,507
Feb 20193,42450.852.79$9,561
Jan 20194,36946.033.23$14,104
Dec 20183,24746.594.19$13,590
Nov 20185152.934.24$216
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201649727.352.36$1,175
Dec 201569532.362.00$1,391
Nov 201568538.792.17$1,485
Oct 2015043.552.43$0
Sep 201567942.992.76$1,873
Aug 201561140.162.87$1,755
Jul 20151,19548.152.95$3,519
Jun 20151,11556.152.88$3,214
May 201585455.212.96$2,524
Apr 201563149.822.71$1,708
Mar 201551842.892.93$1,520
Feb 201551944.662.98$1,545
Jan 201566443.433.10$2,059
Dec 201453154.693.59$1,907
Nov 201462870.464.25$2,670
Oct 201459078.303.90$2,302
Sep 20141,67286.164.05$6,764
Aug 201497289.394.04$3,922
Jul 201465296.564.18$2,725
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 201425195.895.06$1,269
Feb 201431897.406.19$1,969
Jan 201456790.404.86$2,756
Dec 201371391.824.35$3,105
Nov 201358088.853.74$2,168
Oct 201362397.423.78$2,355
Sep 2013682104.113.72$2,536
Aug 2013575104.253.52$2,026
Jul 2013357102.523.72$1,327
Jun 20131,79394.403.93$7,053
May 20131,77194.834.15$7,348
Apr 20137,02493.964.28$30,081
Mar 201326,19693.623.91$102,502
Feb 20134,09091.233.42$13,987
Jan 2013091.603.42$0
Dec 20122586.773.42$86
Nov 20123,17786.953.62$11,517
Oct 201234,70389.383.40$117,979
Sep 201213,50494.672.92$39,410
Aug 20124392.662.91$125
Jul 20126,49685.133.02$19,623
Jun 201251,37479.822.52$129,413
May 201280,56491.612.49$200,469
Apr 201225,247101.652.00$50,413

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 2023 — as filed, then multipliedworked
Gas                  651 Mcf  × $  2.23 =     $1,450

────────────────────────────────────────────────────
Month total                                   $1,450

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/266431 is the state's own key, not one this site invented.