King 59

Oil & Gas Property in Crane County, TX

Property Summary

Key data points for King 59

CountyCrane County, TX
Production DatesMay 2014 - Aug 2024
Total Oil Production748,978 BBLs
Total Gas Production917,775 MCF
Recent Oil Production1,923 BBLs in Jul 2024
Recent Gas Production1,794 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for King 59

ShaleAssessment

$102,626 *

MarketMultiple

$269,645 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

King 59 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for King 59
from May 2014 to Aug 2024

Wells on King 59

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-103-36358KING 59 1FORMENTERA OPERATIONS LLCProducingCrane County, TX31.394482-102.477781
42-103-36410KING 59 2APACHE CORPORATIONPlugged Oil WellCrane County, TX31.397322-102.479766
42-103-36411KING 59 4FORMENTERA OPERATIONS LLCProducingCrane County, TX31.400522-102.481025
42-103-36469KING 59 3APACHE CORPORATIONPermitted LocationCrane County, TX31.395438-102.482089

Leases included in King 59

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-46195KING 59FORMENTERA OPERATIONS LLCCrane County, TX
08-46724KING 59FORMENTERA OPERATIONS LLCCrane County, TX
08-46761KING 59FORMENTERA OPERATIONS LLCCrane County, TX

Operators Associated With King 59

Nearby Properties

These are the closest 20 properties to the King 59 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atlantic UniversityCrane County, TX85 BBLs1,033 MCFAug 2024
Block 31 UnitCrane County, TX11,109 BBLs911,959 MCFAug 2024
CowdenCrane County, TX6,600 BBLs3,676 MCFAug 2024
Cowden Ranch Oil Unit "49"Crane County, TX477 BBLs125 MCFAug 2024
Crump 48Crane County, TX1,267 BBLs1,172 MCFAug 2024
East Block 31/Atoka/UnitCrane County, TX0 BBLs112 MCFAug 2024
FayeCrane County, TX1,216 BBLs504 MCFAug 2024
Jax /Dev/ UnitCrane County, TX24 BBLs0 MCFAug 2024
Jax 28Crane County, TX1 BBLs0 MCFJul 2024
KingCrane County, TX268 BBLs2,074 MCFAug 2024
Lea P.JCrane County, TX40,991 BBLs117,370 MCFAug 2024
PoteetCrane County, TX191 BBLs0 MCFAug 2024
UnivanistonCrane County, TX501 BBLs4,075 MCFAug 2024
UniversityCrane County, TX9,350 BBLs31,069 MCFAug 2024
UnivkimraCrane County, TX561 BBLs1,320 MCFAug 2024
UnivkristinCrane County, TX220 BBLs1,124 MCFAug 2024
UnivmichelleCrane County, TX301 BBLs1,290 MCFAug 2024
UnivsherryCrane County, TX920 BBLs5,110 MCFAug 2024
UnivtaylorCrane County, TX1,035 BBLs4,647 MCFAug 2024
Van CourtCrane County, TX250 BBLs15 MCFAug 2024

Owners of King 59

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FORMENTERA OPERATIONS LLCKING 59 #1,2,4FORMENTERA OPERATIONS
2024ESTILL FOUNDATIONKING 59 #1,2,4FORMENTERA OPERATIONS
2024JOHNSON GENTRY ESTILLKING 59 #1,2,4FORMENTERA OPERATIONS
2024STORIE MARY FEAREYKING 59 #1,2,4FORMENTERA OPERATIONS
2024KING RANCH MINERALS INCKING 59 #1,2,4FORMENTERA OPERATIONS
2024KING ELLEN PIERPOINTKING 59 #1,2,4FORMENTERA OPERATIONS
2024KING GILBERT AKING 59 #1,2,4FORMENTERA OPERATIONS
2024KING GORDON AKING 59 #1,2,4FORMENTERA OPERATIONS
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on King 59

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-46724KING 59Aug 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46195KING 59Jul 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Jul 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Jul 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Jun 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Jun 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59May 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59May 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Apr 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Apr 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Mar 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Mar 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Feb 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Feb 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Jan 2024ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Jan 2024SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Dec 2023SHELL TRADING (US) COMPANYFORMENTERA OPERATIONS LLC
08-46724KING 59Dec 2023ENABLE MIDSTREAM PARTNERS, LPFORMENTERA OPERATIONS LLC
08-46724KING 59Nov 2023SHELL TRADING (US) COMPANYSLANT OPERATING, LLC
08-46724KING 59Nov 2023SLANT OPERATING, LLC
08-46724KING 59Oct 2023SLANT OPERATING, LLC
08-46724KING 59Oct 2023SHELL TRADING (US) COMPANYSLANT OPERATING, LLC
08-46724KING 59Sep 2023SHELL TRADING (US) COMPANYSLANT OPERATING, LLC
08-46724KING 59Sep 2023SLANT OPERATING, LLC
08-46724KING 59Aug 2023SLANT OPERATING, LLC