Texas oil lease
Shut inKING 59
King 59 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Roepke (Fusselman) field.
1 well
- Operator
- Formentera Operations LLC
- County
- Crane County
- Field
- Roepke (Fusselman)
- RRC lease
- 08-46195
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Feb 2021
Production by month
No production to chart
Where the gas went
No gas disposition reported for this lease
Who has run this lease
The operator changed once, most recently in May 2024
- Formentera Operations LLC May 2024 to now
- Apache Corporation Feb 2021 to Jun 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-36358 | 1 | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Trafigura Trading LLC | Oil | Gathers | 100 | May 1, 2015 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | May 20, 2014 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | May 20, 2014 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
Estimate your royalty
27 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026Formentera Operations | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Formentera Operations | 0 | 0 | $84.81 | $3.15 |
| May 2026Formentera Operations | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Formentera Operations | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Formentera Operations | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Formentera Operations | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Formentera Operations | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Formentera Operations | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Formentera Operations | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Formentera Operations | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Formentera Operations | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Formentera Operations | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Formentera Operations | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Formentera Operations | 0 | 0 | $68.17 | $3.02 |
| May 2025Formentera Operations | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Formentera Operations | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Formentera Operations | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Formentera Operations | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Formentera Operations | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Formentera Operations | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Formentera Operations | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Formentera Operations | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Formentera Operations | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Formentera Operations | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Formentera Operations | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Formentera Operations | 0 | 0 | $79.77 | $2.54 |
| May 2024Formentera Operations | 0 | 0 | $80.02 | $2.12 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Formentera Operations LLC in Crane County
- JUDKINS GAS UNIT III
1,665 mcf
- JUDKINS GAS UNIT NO. 2
1,461 mcf
- EAST BLOCK 31/ATOKA/UNIT
1,219 mcf
- JUDKINS GAS UNIT II
1,209 mcf
- UNIVERSITY 38
757 mcf
- JUDKINS GAS UNIT #2
733 mcf
- JUDKINS GAS UNIT # 3
730 mcf
- JUDKINS GAS UNIT II
586 mcf
- UNIVERSITY "47A"
152 mcf
- UNIVERSITY "37A"
12 mcf
Roepke (Fusselman) field
No other producing leases in this field are in our data yet.
Leases within 10 km
- COWDEN 58
855 bbl · 0.3 km
- KING 59
20,047 bbl · 0.4 km
- COWDEN 58
0 bbl · 0.4 km
- COWDEN RANCH "58"
0 bbl · 0.7 km
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0 bbl · 0.7 km
- POTEET 60
0 bbl · 1 km
- COWDEN 58
0 bbl · 1.1 km
- COWDEN 60
0 bbl · 1.1 km
- VAN COURT
0 bbl · 1.4 km
- COWDEN , TOM
1,364 bbl · 1.4 km
Drilling permits within 10 km
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Permit 0918012 · Sep 18, 2026
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Permit 0918011 · Sep 18, 2026
LEA, P.J. ETAL #4026MH
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Permit 0918008 · Sep 18, 2026
LEA, P.J. ETAL #4025JH
new drill · horizontal · Ring Energy, Inc. · Crane County · 8.7 km
Permit 0918001 · Sep 17, 2026
LEA, P.J. ETAL #3915GH
new drill · horizontal · Ring Energy, Inc. · Crane County · 6.7 km
Permit 0917512 · Sep 9, 2026