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 266438District 09Field 65280200GasSaveExport
Value, all time
$5.8 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
GasProduction1,770,771 Mcf$5,765,667
Total$5,765,667

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 20202,92430.341.86$5,428
Feb 20208,05549.881.98$15,954
Jan 20208,57257.252.09$17,956
Dec 20198,33959.012.30$19,216
Nov 20194,20755.302.75$11,572
Oct 20193,86953.472.42$9,357
Sep 20197,55255.052.66$20,068
Aug 20197,99453.112.30$18,421
Jul 20198,58156.272.46$21,110
Jun 201911,87352.782.49$29,578
May 201913,31558.482.74$36,487
Apr 20198,41462.632.75$23,144
Mar 201911,16856.803.06$34,198
Feb 201910,01750.852.79$27,970
Jan 201910,85846.033.23$35,052
Dec 201811,39146.594.19$47,676
Nov 20185,28852.934.24$22,407
Oct 20185,13561.443.40$17,449
Sep 201811,50359.543.11$35,751
Aug 201812,97259.403.07$39,779
Jul 201810,44165.142.93$30,612
Jun 20186,44760.183.08$19,837
May 201811,56465.382.90$33,545
Apr 201817,07863.842.90$49,540
Mar 201814,30461.222.79$39,863
Feb 2018061.782.77$0
Jan 20187,17862.874.01$28,779
Dec 201715,15957.272.92$44,287
Nov 201715,48355.423.12$48,282
Oct 201715,41949.292.98$46,005
Sep 201714,99047.523.09$46,278
Aug 201716,84245.373.00$50,600
Jul 201716,87843.873.09$52,107
Jun 201716,94342.493.09$52,308
May 201718,18545.373.26$59,345
Apr 201714,95647.933.21$48,033
Mar 20174,48946.772.98$13,394
Feb 20171,11250.452.95$3,283
Jan 201769749.413.42$2,383
Dec 20165,58948.763.72$20,807
Nov 20169,70442.492.64$25,661
Oct 201615,64746.193.09$48,353
Sep 201621,83841.553.10$67,712
Aug 201614,33841.442.92$41,929
Jul 20167,43141.622.92$21,731
Jun 201614,75745.352.69$39,635
May 201610,47042.521.99$20,846
Apr 201611,74436.561.99$23,383
Mar 201611,08733.011.79$19,890
Feb 201611,76526.472.06$24,279
Jan 201610,27827.352.36$24,301
Dec 2015032.362.00$0
Nov 201541838.792.17$906
Oct 201518,43543.552.43$44,734
Sep 201518,72942.992.76$51,662
Aug 201524,33840.162.87$69,911
Jul 20152,16148.152.95$6,364
Jun 201516,92356.152.88$48,787
May 201528,28355.212.96$83,589
Apr 201526,62849.822.71$72,071
Mar 201527,65542.892.93$81,159
Feb 20159,88144.662.98$29,408
Jan 2015043.433.10$0
Dec 201410,69954.693.59$38,424
Nov 20146,82470.464.25$29,015
Oct 20141778.303.90$66
Sep 20144086.164.05$162
Aug 20148,50389.394.04$34,311
Jul 20142,47096.564.18$10,324
Jun 201426,37498.164.74$124,930
May 201423,63794.734.73$111,722
Apr 201426,02795.944.81$125,167
Mar 201426,29295.895.06$132,953
Feb 201422,71997.406.19$140,676
Jan 201427,51690.404.86$133,748
Dec 201311,93991.824.35$51,988
Nov 201325,06288.853.74$93,689
Oct 201337,08697.423.78$140,161
Sep 201332,455104.113.72$120,659
Aug 201338,455104.253.52$135,462
Jul 201338,617102.523.72$143,568
Jun 201342,59194.403.93$167,528
May 201328,87594.834.15$119,805
Apr 2013093.964.28$0
Mar 201328,70193.623.91$112,303
Feb 201337,94091.233.42$129,751
Jan 201343,11391.603.42$147,443
Dec 201244,58086.773.42$152,471
Nov 201245,21486.953.62$163,899
Oct 201249,20089.383.40$167,264
Sep 201253,60794.672.92$156,447
Aug 201262,81992.662.91$182,688
Jul 201265,84585.133.02$198,905
Jun 201269,67579.822.52$175,514
May 2012101,07791.612.49$251,512
Apr 201224,511101.652.00$48,944

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                2,924 Mcf  × $  1.86 =     $5,428

────────────────────────────────────────────────────
Month total                                   $5,428

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/266438 is the state's own key, not one this site invented.