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 243905District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Oct 2008 – May 2026
Value, last 12 filed months
$149 k
at the published price for each month
Months reported
212
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
GasProduction991,158 Mcf$3,986,597
Total$3,986,597

Every month this lease reported (212)

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

212 months

May 20263,019106.413.05$9,195
Apr 20263,13898.932.87$9,005
Mar 20263,25089.753.15$10,236
Feb 20263,03163.503.75$11,367
Jan 20263,70859.138.00$29,656
Dec 20253,32756.664.41$14,683
Nov 20253,19958.593.93$12,561
Oct 20253,30959.383.30$10,936
Sep 20253,22462.743.08$9,920
Aug 20253,35563.933.01$10,115
Jul 20253,48266.743.32$11,544
Jun 20253,19766.483.13$10,003
May 20253,39260.553.23$10,964
Apr 20252,91962.363.54$10,342
Mar 20253,27567.704.27$13,979
Feb 20252,86970.884.34$12,454
Jan 20253,32774.324.28$14,235
Dec 20243,21768.993.12$10,041
Nov 20243,48669.052.20$7,664
Oct 20243,23271.372.28$7,373
Sep 20243,23269.612.36$7,642
Aug 20243,56875.632.06$7,363
Jul 20243,20579.932.15$6,880
Jun 20242,76678.082.63$7,286
May 20242,78178.812.20$6,114
Apr 20242,67384.451.66$4,435
Mar 20242,55580.301.55$3,948
Feb 20242,20376.091.78$3,929
Jan 20242,93273.023.30$9,669
Dec 20232,60771.262.61$6,806
Nov 20231,62677.892.81$4,565
Oct 20231,07685.443.09$3,322
Sep 20231,47889.042.74$4,042
Aug 20231,32780.522.67$3,547
Jul 20231,49574.852.64$3,949
Jun 20231,43268.962.26$3,234
May 20231,46670.622.23$3,265
Apr 20231,50878.122.24$3,375
Mar 20231,82072.852.39$4,356
Feb 20232,41375.112.47$5,950
Jan 20232,70976.533.39$9,177
Dec 20222,59276.415.73$14,850
Nov 20222,70685.005.65$15,279
Oct 20222,96387.185.86$17,374
Sep 20222,86284.888.16$23,364
Aug 20222,29794.529.13$20,965
Jul 20221,544101.587.54$11,645
Jun 20221,177115.097.98$9,389
May 2022462109.378.43$3,896
Apr 2022719104.226.84$4,916
Mar 20221,011108.885.08$5,132
Feb 20221,26391.054.86$6,137
Jan 20221,45181.844.54$6,584
Dec 20211,46771.323.90$5,720
Nov 20211,39177.435.24$7,284
Oct 20211,45879.795.71$8,331
Sep 20211,37069.865.35$7,331
Aug 20211,31666.024.22$5,554
Jul 20211,32370.783.98$5,268
Jun 20211,27769.493.38$4,317
May 20211,69463.483.02$5,112
Apr 20211,85860.362.76$5,125
Mar 20212,39661.302.72$6,510
Feb 20211,87757.805.55$10,414
Jan 20211,84750.412.81$5,191
Dec 20201,05844.642.68$2,831
Nov 20201,74238.772.71$4,715
Oct 20202,79036.972.48$6,915
Sep 20202,72637.091.99$5,428
Aug 20202,96439.982.39$7,069
Jul 20202,70738.371.83$4,941
Jun 20202,20734.901.69$3,731
May 20202,27216.921.81$4,123
Apr 20201,78714.751.80$3,224
Mar 20202,14530.341.86$3,982
Feb 20202,88449.881.98$5,712
Jan 20203,22457.252.09$6,753
Dec 20193,40059.012.30$7,835
Nov 20192,96155.302.75$8,145
Oct 20193,42753.472.42$8,288
Sep 20193,81055.052.66$10,124
Aug 20193,48053.112.30$8,019
Jul 20194,29456.272.46$10,564
Jun 20194,28252.782.49$10,667
May 20194,80058.482.74$13,154
Apr 20194,50262.632.75$12,384
Mar 20194,63256.803.06$14,184
Feb 20193,43550.852.79$9,591
Jan 20193,38746.033.23$10,934
Dec 20182,96146.594.19$12,393
Nov 20182,45452.934.24$10,398
Oct 20182,98361.443.40$10,136
Sep 20184,25659.543.11$13,228
Aug 20184,81959.403.07$14,778
Jul 20184,70965.142.93$13,806
Jun 20184,06260.183.08$12,498
May 20183,52765.382.90$10,231
Apr 20183,27263.842.90$9,491
Mar 20183,27961.222.79$9,138
Feb 20182,78261.782.77$7,695
Jan 20183,20162.874.01$12,834
Dec 20173,39457.272.92$9,916
Nov 20173,27655.423.12$10,216
Oct 20173,67549.292.98$10,965
Sep 20173,42947.523.09$10,586
Aug 20173,71045.373.00$11,146
Jul 20173,66543.873.09$11,315
Jun 20173,62142.493.09$11,179
May 20173,69445.373.26$12,055
Apr 20173,50547.933.21$11,257
Mar 20173,48146.772.98$10,386
Feb 20173,05550.452.95$9,020
Jan 20173,55649.413.42$12,157
Dec 20163,53048.763.72$13,142
Nov 20163,42742.492.64$9,062
Oct 20163,59946.193.09$11,122
Sep 20163,68141.553.10$11,413
Aug 20163,90641.442.92$11,422
Jul 20163,82341.622.92$11,180
Jun 20163,54045.352.69$9,508
May 20163,62742.521.99$7,222
Apr 20163,11036.561.99$6,192
Mar 20163,42033.011.79$6,136
Feb 20163,18126.472.06$6,564
Jan 20162,67827.352.36$6,332
Dec 20154,21532.362.00$8,436
Nov 20156,48238.792.17$14,049
Oct 20154,57643.552.43$11,104
Sep 20154,63942.992.76$12,796
Aug 20155,14640.162.87$14,782
Jul 20156,28948.152.95$18,522
Jun 20155,84356.152.88$16,845
May 20156,52455.212.96$19,281
Apr 20156,82149.822.71$18,462
Mar 20157,32142.892.93$21,485
Feb 20155,68544.662.98$16,920
Jan 20154,02943.433.10$12,492
Dec 201479654.693.59$2,859
Nov 2014470.464.25$17
Oct 20142,28778.303.90$8,922
Sep 20143,32386.164.05$13,443
Aug 20144,55589.394.04$18,380
Jul 20141,99996.564.18$8,355
Jun 20141,45898.164.74$6,906
May 20141,90194.734.73$8,985
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014997.406.19$56
Jan 20141,37590.404.86$6,683
Dec 20132,92391.824.35$12,728
Nov 20132,31388.853.74$8,647
Oct 20131,84397.423.78$6,965
Sep 20132,438104.113.72$9,064
Aug 20132,794104.253.52$9,842
Jul 20136,166102.523.72$22,924
Jun 20137,63294.403.93$30,020
May 20139,55494.834.15$39,640
Apr 20131,24693.964.28$5,336
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 20121,35986.773.42$4,648
Nov 201267286.953.62$2,436
Oct 2012589.383.40$17
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012579.822.52$13
May 20122,80691.612.49$6,982
Apr 20125,097101.652.00$10,178
Mar 20128,273105.052.22$18,383
Feb 201210,839101.102.57$27,859
Jan 20128,47998.092.73$23,182
Dec 20114,92696.873.24$15,959
Nov 201116295.723.31$536
Oct 201150384.983.65$1,835
Sep 2011083.623.99$0
Aug 20111,61483.404.15$6,697
Jul 20117,12394.144.52$32,176
Jun 20117,42892.904.64$34,465
May 201164998.134.40$2,859
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20113,28086.504.59$15,051
Dec 20109,73585.734.35$42,325
Nov 20109,44080.843.80$35,828
Oct 201010,13078.103.51$35,545
Sep 201010,45072.633.98$41,585
Aug 201011,49873.684.42$50,814
Jul 201012,07172.554.74$57,174
Jun 201010,46270.364.91$51,373
May 20109,39671.124.24$39,794
Apr 20109,51281.694.12$39,215
Mar 20109,31578.394.39$40,880
Feb 20109,15073.585.44$49,798
Jan 201011,07274.365.96$66,034
Dec 200912,05271.445.48$66,090
Nov 200912,09074.593.75$45,356
Oct 200913,36772.544.11$54,942
Sep 200913,29165.543.06$40,734
Aug 200915,15467.423.22$48,773
Jul 200916,27461.133.46$56,381
Jun 200917,50166.163.90$68,166
May 200918,62954.743.93$73,133
Apr 200918,75746.773.59$67,291
Mar 200919,46042.144.06$78,988
Feb 200911,30132.814.63$52,358
Jan 200926,84635.865.37$144,190
Dec 200832,15837.105.98$192,213
Nov 200841,81455.496.86$286,859
Oct 200861,87475.246.92$428,291

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                3,019 Mcf  × $  3.05 =     $9,195

────────────────────────────────────────────────────
Month total                                   $9,195

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/243905 is the state's own key, not one this site invented.