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 266435District 09Field 65280200GasSaveExport
Value, all time
$5.5 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
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
GasProduction1,665,777 Mcf$5,484,280
Total$5,484,280

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 2023070.622.23$0
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 20201,84730.341.86$3,428
Feb 20204,78549.881.98$9,478
Jan 20205,13857.252.09$10,763
Dec 20194,31259.012.30$9,936
Nov 20192,40855.302.75$6,624
Oct 20192,80653.472.42$6,786
Sep 20194,14655.052.66$11,017
Aug 20192,11453.112.30$4,871
Jul 20198,37456.272.46$20,601
Jun 20196,00452.782.49$14,957
May 201910,75558.482.74$29,472
Apr 201913,36962.632.75$36,774
Mar 20196,20356.803.06$18,994
Feb 20198,13250.852.79$22,706
Jan 201910,67746.033.23$34,467
Dec 20185,83346.594.19$24,414
Nov 20182,60252.934.24$11,025
Oct 20183,38061.443.40$11,486
Sep 20187,31059.543.11$22,719
Aug 20187,32959.403.07$22,475
Jul 20187,01665.142.93$20,570
Jun 20183,45760.183.08$10,637
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 201857862.874.01$2,317
Dec 201757157.272.92$1,668
Nov 201751655.423.12$1,609
Oct 201754549.292.98$1,626
Sep 201761447.523.09$1,896
Aug 201769045.373.00$2,073
Jul 201769343.873.09$2,139
Jun 201763942.493.09$1,973
May 201764445.373.26$2,102
Apr 201712,37947.933.21$39,756
Mar 201712,45746.772.98$37,168
Feb 20171,13750.452.95$3,357
Jan 2017049.413.42$0
Dec 201666348.763.72$2,468
Nov 201612,91442.492.64$34,149
Oct 201613,81746.193.09$42,698
Sep 201616,78641.553.10$52,047
Aug 201612,55941.442.92$36,727
Jul 2016041.622.92$0
Jun 20164,56145.352.69$12,250
May 20163,43742.521.99$6,843
Apr 20162,16536.561.99$4,311
Mar 20168,92133.011.79$16,004
Feb 201623,96126.472.06$49,447
Jan 201621,59227.352.36$51,051
Dec 201524,66532.362.00$49,365
Nov 201528,49138.792.17$61,749
Oct 201528,68643.552.43$69,609
Sep 201526,46842.992.76$73,010
Aug 201524,69240.162.87$70,928
Jul 201516,56348.152.95$48,779
Jun 20152956.152.88$84
May 201561555.212.96$1,818
Apr 201555449.822.71$1,499
Mar 201555342.892.93$1,623
Feb 201520,98744.662.98$62,461
Jan 201528,38943.433.10$88,024
Dec 201430,27054.693.59$108,710
Nov 201430,26670.464.25$128,686
Oct 201431,38078.303.90$122,412
Sep 201435,50386.164.05$143,625
Aug 201429,51689.394.04$119,101
Jul 20141,00396.564.18$4,192
Jun 20141,98798.164.74$9,412
May 20142,71994.734.73$12,852
Apr 20141,39395.944.81$6,699
Mar 201423,22195.895.06$117,424
Feb 201426,19797.406.19$162,212
Jan 201434,20890.404.86$166,276
Dec 201327,91291.824.35$121,542
Nov 201334,45588.853.74$128,802
Oct 201326,24397.423.78$99,182
Sep 201337,720104.113.72$140,233
Aug 201336,389104.253.52$128,184
Jul 20133,719102.523.72$13,826
Jun 201310,93894.403.93$43,024
May 201343,75694.834.15$181,547
Apr 201347,35993.964.28$202,819
Mar 201348,91593.623.91$191,398
Feb 201339,37491.233.42$134,656
Jan 201339,47591.603.42$135,001
Dec 201241,40886.773.42$141,622
Nov 201245,55086.953.62$165,117
Oct 201256,87889.383.40$193,367
Sep 201260,55294.672.92$176,715
Aug 201261,13292.662.91$177,782
Jul 201267,05385.133.02$202,554
Jun 201274,43479.822.52$187,502
May 2012107,33191.612.49$267,074
Apr 201225,993101.652.00$51,903

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 2020 — as filed, then multipliedworked
Gas                1,847 Mcf  × $  1.86 =     $3,428

────────────────────────────────────────────────────
Month total                                   $3,428

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/266435 is the state's own key, not one this site invented.