KING, JOHN EDWARD

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 223544District 09Field 65280200GasSaveExport
Value, all time
$9.3 M
Jun 2006 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
240
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
GasProduction1,732,683 Mcf$9,311,189
Total$9,311,189

Every month this lease reported (240)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

240 months

May 20261,630106.413.05$4,965
Apr 20261,36198.932.87$3,906
Mar 20261,32289.753.15$4,164
Feb 20261,65363.503.75$6,199
Jan 20261,35359.138.00$10,821
Dec 202541956.664.41$1,849
Nov 20251,22558.593.93$4,810
Oct 202574159.383.30$2,449
Sep 2025062.743.08$0
Aug 20251,47163.933.01$4,435
Jul 20251,58066.743.32$5,238
Jun 20251,12066.483.13$3,504
May 20251,51760.553.23$4,903
Apr 20251,90962.363.54$6,764
Mar 20252,06267.704.27$8,801
Feb 20251,99170.884.34$8,643
Jan 20252,31274.324.28$9,892
Dec 20242,42668.993.12$7,572
Nov 20242,38669.052.20$5,245
Oct 20242,54071.372.28$5,795
Sep 20242,46169.612.36$5,819
Aug 20242,59175.632.06$5,347
Jul 20242,64679.932.15$5,680
Jun 20242,72578.082.63$7,178
May 20242,71278.812.20$5,962
Apr 20242,83284.451.66$4,699
Mar 20242,75580.301.55$4,257
Feb 20242,35276.091.78$4,195
Jan 20242,32673.023.30$7,670
Dec 20232,28471.262.61$5,963
Nov 20232,24177.892.81$6,292
Oct 20232,37985.443.09$7,345
Sep 20232,50989.042.74$6,862
Aug 20232,65780.522.67$7,102
Jul 20232,70174.852.64$7,136
Jun 20232,67868.962.26$6,048
May 20232,47870.622.23$5,520
Apr 20232,28078.122.24$5,102
Mar 20232,36372.852.39$5,655
Feb 20232,08375.112.47$5,136
Jan 20232,40376.533.39$8,141
Dec 20222,34476.415.73$13,429
Nov 20222,26685.005.65$12,794
Oct 20222,38187.185.86$13,962
Sep 20222,23384.888.16$18,230
Aug 20222,39894.529.13$21,887
Jul 20222,090101.587.54$15,763
Jun 20222,484115.097.98$19,815
May 20223,032109.378.43$25,569
Apr 20222,741104.226.84$18,742
Mar 20222,895108.885.08$14,696
Feb 20222,69091.054.86$13,070
Jan 20222,98081.844.54$13,522
Dec 20212,93571.323.90$11,444
Nov 20212,84277.435.24$14,883
Oct 20213,06579.795.71$17,513
Sep 20213,24969.865.35$17,385
Aug 20213,77266.024.22$15,920
Jul 20213,87170.783.98$15,415
Jun 20213,76169.493.38$12,715
May 20213,91163.483.02$11,802
Apr 20213,78960.362.76$10,452
Mar 20213,96561.302.72$10,773
Feb 20213,80057.805.55$21,082
Jan 20214,02450.412.81$11,309
Dec 20204,04444.642.68$10,820
Nov 20203,72338.772.71$10,077
Oct 20203,70236.972.48$9,175
Sep 20203,49537.091.99$6,959
Aug 20203,66339.982.39$8,737
Jul 20203,80138.371.83$6,937
Jun 20204,02434.901.69$6,802
May 20204,19416.921.81$7,611
Apr 20204,07414.751.80$7,351
Mar 20204,22530.341.86$7,843
Feb 20203,95349.881.98$7,830
Jan 20204,20857.252.09$8,815
Dec 20193,90659.012.30$9,001
Nov 20193,48255.302.75$9,578
Oct 20193,02453.472.42$7,314
Sep 20193,11955.052.66$8,288
Aug 20193,20253.112.30$7,379
Jul 20193,16356.272.46$7,781
Jun 20193,13752.782.49$7,815
May 20193,18158.482.74$8,717
Apr 20193,13562.632.75$8,623
Mar 20193,38056.803.06$10,350
Feb 20192,72150.852.79$7,598
Jan 20193,05946.033.23$9,875
Dec 20183,10346.594.19$12,987
Nov 20183,00352.934.24$12,724
Oct 20183,12161.443.40$10,605
Sep 20183,05259.543.11$9,486
Aug 20183,20159.403.07$9,816
Jul 20183,28765.142.93$9,637
Jun 20183,20460.183.08$9,858
May 20183,43565.382.90$9,964
Apr 20183,47663.842.90$10,083
Mar 20183,87761.222.79$10,805
Feb 20183,72261.782.77$10,296
Jan 20184,21462.874.01$16,895
Dec 20174,35057.272.92$12,709
Nov 20174,29855.423.12$13,403
Oct 20174,53149.292.98$13,519
Sep 20174,49547.523.09$13,877
Aug 20174,85945.373.00$14,598
Jul 20174,71543.873.09$14,557
Jun 20174,71642.493.09$14,560
May 20174,93345.373.26$16,098
Apr 20174,94247.933.21$15,872
Mar 20174,90046.772.98$14,620
Feb 20174,25650.452.95$12,566
Jan 20174,36449.413.42$14,920
Dec 20164,74348.763.72$17,657
Nov 20164,88942.492.64$12,928
Oct 20165,04346.193.09$15,584
Sep 20164,67441.553.10$14,492
Aug 20164,81541.442.92$14,081
Jul 20164,85241.622.92$14,189
Jun 20164,88545.352.69$13,120
May 20164,79442.521.99$9,545
Apr 20164,28636.561.99$8,534
Mar 20164,49733.011.79$8,068
Feb 20164,24526.472.06$8,760
Jan 20164,72827.352.36$11,179
Dec 20154,98632.362.00$9,979
Nov 20154,67738.792.17$10,137
Oct 20154,72543.552.43$11,466
Sep 20154,67242.992.76$12,887
Aug 20155,02940.162.87$14,446
Jul 20155,00248.152.95$14,731
Jun 20155,07356.152.88$14,625
May 20155,54355.212.96$16,382
Apr 20155,44549.822.71$14,737
Mar 20155,76842.892.93$16,927
Feb 20155,27944.662.98$15,711
Jan 20155,79643.433.10$17,971
Dec 20145,90954.693.59$21,221
Nov 20145,66770.464.25$24,095
Oct 20145,95578.303.90$23,230
Sep 20145,74586.164.05$23,241
Aug 20145,84889.394.04$23,597
Jul 20146,29796.564.18$26,319
Jun 20146,25798.164.74$29,639
May 20146,47494.734.73$30,600
Apr 20146,30495.944.81$30,317
Mar 20146,51795.895.06$32,955
Feb 20145,90497.406.19$36,558
Jan 20147,14090.404.86$34,706
Dec 20136,72191.824.35$29,266
Nov 20136,47188.853.74$24,190
Oct 20136,56897.423.78$24,823
Sep 20136,217104.113.72$23,113
Aug 20136,749104.253.52$23,774
Jul 20136,858102.523.72$25,496
Jun 20134,56294.403.93$17,944
May 20134,15594.834.15$17,239
Apr 20132,18893.964.28$9,370
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 20125,14292.662.91$14,954
Jul 20126,37285.133.02$19,249
Jun 20125,32679.822.52$13,416
May 20123,41291.612.49$8,490
Apr 20123,776101.652.00$7,540
Mar 20121,863105.052.22$4,140
Feb 20122,248101.102.57$5,778
Jan 20124,92398.092.73$13,460
Dec 20114,25296.873.24$13,775
Nov 20113,61095.723.31$11,954
Oct 20112,37884.983.65$8,676
Sep 20111,99483.623.99$7,948
Aug 20114,73583.404.15$19,647
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20117,95786.504.59$36,513
Dec 20109,33785.734.35$40,595
Nov 20109,28380.843.80$35,232
Oct 20109,91478.103.51$34,787
Sep 20109,81172.633.98$39,043
Aug 201011,06673.684.42$48,905
Jul 201010,24572.554.74$48,525
Jun 201010,38970.364.91$51,014
May 201011,41171.124.24$48,328
Apr 201011,28581.694.12$46,525
Mar 201011,11978.394.39$48,798
Feb 201010,19173.585.44$55,463
Jan 201011,56074.365.96$68,945
Dec 200911,62871.445.48$63,765
Nov 200911,13074.593.75$41,754
Oct 200911,65272.544.11$47,893
Sep 200911,14865.543.06$34,166
Aug 200912,33967.423.22$39,713
Jul 200912,85761.133.46$44,543
Jun 200912,27066.163.90$47,792
May 200912,21854.743.93$47,965
Apr 200912,36246.773.59$44,349
Mar 200913,07642.144.06$53,075
Feb 200912,56032.814.63$58,190
Jan 200914,45335.865.37$77,627
Dec 200814,18037.105.98$84,756
Nov 200814,57255.496.86$99,969
Oct 200815,90875.246.92$110,115
Sep 200815,636101.767.88$123,166
Aug 200817,202114.228.48$145,925
Jul 200817,844131.0811.39$203,233
Jun 200817,763131.3313.03$231,499
May 200817,585123.1711.57$203,534
Apr 200816,883110.3110.45$176,509
Mar 20080101.909.66$0
Feb 200817,25092.538.77$151,293
Jan 200814,43490.388.21$118,442
Dec 200717,04988.337.30$124,491
Nov 200718,10391.677.29$132,002
Oct 200721,27082.856.92$147,231
Sep 200724,70975.846.24$154,287
Aug 200726,49869.066.39$169,268
Jul 200725,50870.906.39$162,944
Jun 200726,70362.007.55$201,566
May 200729,28858.747.85$229,802
Apr 200734,00559.617.81$265,416
Mar 200740,21656.927.30$293,656
Feb 200721,93055.108.22$180,177
Jan 200713,46950.306.73$90,604
Dec 200630,51956.656.92$211,144
Nov 200630,87454.207.62$235,182
Oct 200648,84054.906.01$293,714
Sep 200649,68660.085.04$250,278
Aug 200647,92168.717.34$351,736
Jul 200674,97369.376.34$475,536
Jun 200658,96066.286.38$376,394

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.

May 2026 — as filed, then multipliedworked
Gas                1,630 Mcf  × $  3.05 =     $4,965

────────────────────────────────────────────────────
Month total                                   $4,965

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/223544 is the state's own key, not one this site invented.