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Texas oil lease

Shut in

KING 59

King 59 is an oil lease in Crane County, Texas, operated by Formentera Operations LLC in the Roepke, N. (Devonian) field.

Oil lease dossier

0bbl oil, last 12 months
Operator
Formentera Operations LLC
County
Crane County
Field
Roepke, N. (Devonian)
RRC lease
08-46761

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
0 bbl
Reporting since
Feb 2021

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 27 months we hold (May 2024 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeApache Corporation, Feb 2021 to Jun 2021; Formentera Operations LLC, May 2024 to Jul 202620222023202420252026Changed May 2024Apache CorporationFeb 2021 to Jun 2021Formentera Operations LLCMay 2024 to now
Operators of this lease over timeApache Corporation, Feb 2021 to Jun 2021; Formentera Operations LLC, May 2024 to Jul 202620222023202420252026Changed May 2024Apache CorporationFeb 2021 to Jun 2021Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers50Jul 1, 2021–
Targa Midstream Services LLCCasinghead gasBuys100Jun 4, 2014–
Targa Midstream Services LLCCasinghead gasGathers100Jun 4, 2014–
Eastex Crude CompanyOilGathers50Jul 1, 2021Jan 1, 2023
Trafigura Ag Inc.OilGathers100Jun 4, 2014Jul 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640 acres on the newest permit

Check your decimal on this lease
Permits for King 59
API numberWell no.Acreson the permit
42-103-363581640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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27 months, newest first

Ledger for KING 59
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations00$80.46$2.89
Jun 2026Formentera Operations00$84.81$3.15
May 2026Formentera Operations00$102.13$2.94
Apr 2026Formentera Operations00$100.32$2.77
Mar 2026Formentera Operations00$91.38$3.04
Feb 2026Formentera Operations00$64.51$3.62
Jan 2026Formentera Operations00$60.04$7.72
Dec 2025Formentera Operations00$57.97$4.26
Nov 2025Formentera Operations00$60.06$3.79
Oct 2025Formentera Operations00$60.89$3.19
Sep 2025Formentera Operations00$63.96$2.97
Aug 2025Formentera Operations00$64.86$2.91
Jul 2025Formentera Operations00$68.39$3.20
Jun 2025Formentera Operations00$68.17$3.02
May 2025Formentera Operations00$62.17$3.12
Apr 2025Formentera Operations00$63.54$3.42
Mar 2025Formentera Operations00$68.24$4.12
Feb 2025Formentera Operations00$71.53$4.19
Jan 2025Formentera Operations00$75.74$4.13
Dec 2024Formentera Operations00$70.12$3.01
Nov 2024Formentera Operations00$69.95$2.12
Oct 2024Formentera Operations00$71.99$2.20
Sep 2024Formentera Operations00$70.24$2.28
Aug 2024Formentera Operations00$76.68$1.99
Jul 2024Formentera Operations00$81.80$2.07
Jun 2024Formentera Operations00$79.77$2.54
May 2024Formentera Operations00$80.02$2.12

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldRoepke, N. (Devonian)CountyCrane County

Formentera Operations LLC in Crane County

All Formentera Operations LLC leases →

Roepke, N. (Devonian) field

No other producing leases in this field are in our data yet.

New drilling permits in Crane County

Newest in the county: this lease has no coordinates.