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 250352District 09Field 65280200GasSaveExport
Value, all time
$4.7 M
Feb 2009 – May 2026
Value, last 12 filed months
$37
at the published price for each month
Months reported
208
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
GasProduction1,265,180 Mcf$4,662,639
Total$4,662,639

Every month this lease reported (208)

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

208 months

May 202612106.413.05$37
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202413376.091.78$237
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20232,16085.443.09$6,669
Sep 20233,01289.042.74$8,238
Aug 20233,13380.522.67$8,374
Jul 20233,06274.852.64$8,089
Jun 20232,96768.962.26$6,701
May 20233,13770.622.23$6,987
Apr 20233,03678.122.24$6,794
Mar 20233,15572.852.39$7,550
Feb 20232,67375.112.47$6,591
Jan 20232,96376.533.39$10,038
Dec 20222,23776.415.73$12,816
Nov 20222,66385.005.65$15,036
Oct 20223,34287.185.86$19,597
Sep 20223,32184.888.16$27,112
Aug 20223,31194.529.13$30,220
Jul 20223,271101.587.54$24,670
Jun 20223,092115.097.98$24,666
May 20223,409109.378.43$28,748
Apr 20222,882104.226.84$19,706
Mar 20223,560108.885.08$18,072
Feb 20223,09391.054.86$15,028
Jan 20223,47381.844.54$15,759
Dec 20212,79771.323.90$10,906
Nov 20212,79477.435.24$14,632
Oct 20212,88779.795.71$16,496
Sep 20212,92069.865.35$15,625
Aug 20212,83766.024.22$11,974
Jul 20212,48370.783.98$9,888
Jun 20213,71369.493.38$12,552
May 20213,85763.483.02$11,639
Apr 20212,36460.362.76$6,521
Mar 20212,70261.302.72$7,341
Feb 20212,98357.805.55$16,550
Jan 20213,22950.412.81$9,074
Dec 20203,46644.642.68$9,273
Nov 20202,65438.772.71$7,183
Oct 20206,56336.972.48$16,266
Sep 20205,10937.091.99$10,172
Aug 20204,96639.982.39$11,844
Jul 20204,63838.371.83$8,465
Jun 20204,59534.901.69$7,767
May 20205,06616.921.81$9,194
Apr 20205,12014.751.80$9,238
Mar 20204,61330.341.86$8,563
Feb 20204,25849.881.98$8,434
Jan 20204,62457.252.09$9,686
Dec 20194,67859.012.30$10,780
Nov 20192,67355.302.75$7,353
Oct 20191453.472.42$34
Sep 20195755.052.66$151
Aug 201926953.112.30$620
Jul 20192,30256.272.46$5,663
Jun 20192,95052.782.49$7,349
May 20193,83458.482.74$10,506
Apr 20193,61262.632.75$9,936
Mar 20193,87756.803.06$11,872
Feb 20193,72250.852.79$10,393
Jan 20193,92646.033.23$12,674
Dec 20184,05146.594.19$16,955
Nov 20184,21352.934.24$17,851
Oct 20184,30561.443.40$14,629
Sep 20184,23259.543.11$13,153
Aug 20184,46059.403.07$13,677
Jul 20184,48965.142.93$13,161
Jun 20184,42860.183.08$13,625
May 20184,55065.382.90$13,199
Apr 20184,47263.842.90$12,972
Mar 20184,68561.222.79$13,056
Feb 20184,24161.782.77$11,731
Jan 20184,99662.874.01$20,031
Dec 20174,87757.272.92$14,248
Nov 20174,77255.423.12$14,881
Oct 20175,04449.292.98$15,050
Sep 20174,97547.523.09$15,359
Aug 20175,20245.373.00$15,629
Jul 20175,27843.873.09$16,295
Jun 20175,15442.493.09$15,912
May 20175,45745.373.26$17,808
Apr 20175,46847.933.21$17,561
Mar 20175,84346.772.98$17,434
Feb 20175,32550.452.95$15,723
Jan 20175,86049.413.42$20,034
Dec 20165,90048.763.72$21,965
Nov 20165,78642.492.64$15,300
Oct 20166,08346.193.09$18,798
Sep 20166,09941.553.10$18,911
Aug 20166,22641.442.92$18,207
Jul 20165,82141.622.92$17,023
Jun 20165,88845.352.69$15,814
May 20165,84542.521.99$11,638
Apr 20165,56236.561.99$11,074
Mar 20165,42433.011.79$9,731
Feb 20165,25426.472.06$10,842
Jan 20165,94727.352.36$14,061
Dec 20156,13532.362.00$12,279
Nov 20155,16238.792.17$11,188
Oct 20156,26543.552.43$15,203
Sep 20156,38242.992.76$17,604
Aug 20156,13440.162.87$17,620
Jul 20156,69248.152.95$19,708
Jun 20156,43556.152.88$18,551
May 20156,62855.212.96$19,589
Apr 20156,46649.822.71$17,501
Mar 20156,14342.892.93$18,028
Feb 20155,09044.662.98$15,149
Jan 20156,08943.433.10$18,880
Dec 20147,36254.693.59$26,440
Nov 20146,80470.464.25$28,930
Oct 20146,93078.303.90$27,034
Sep 20146,38286.164.05$25,818
Aug 20147,05089.394.04$28,448
Jul 20147,60696.564.18$31,790
Jun 20147,18698.164.74$34,039
May 20147,34994.734.73$34,735
Apr 20147,60495.944.81$36,569
Mar 20148,44995.895.06$42,725
Feb 20147,79897.406.19$48,285
Jan 20148,01690.404.86$38,964
Dec 20136,66291.824.35$29,010
Nov 20136,04688.853.74$22,602
Oct 20137,50197.423.78$28,349
Sep 20138,383104.113.72$31,166
Aug 20138,416104.253.52$29,646
Jul 20139,534102.523.72$35,445
Jun 20137,82594.403.93$30,779
May 20137,72594.834.15$32,052
Apr 20137,19793.964.28$30,822
Mar 201398993.623.91$3,870
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 20121,77094.672.92$5,166
Aug 20127,75792.662.91$22,559
Jul 20129,71785.133.02$29,353
Jun 20128,91179.822.52$22,447
May 20129,18491.612.49$22,853
Apr 20129,819101.652.00$19,607
Mar 201210,561105.052.22$23,467
Feb 20129,802101.102.57$25,193
Jan 20129,37098.092.73$25,618
Dec 201113,22296.873.24$42,836
Nov 20118,08595.723.31$26,772
Oct 20118,29084.983.65$30,246
Sep 201111,78383.623.99$46,965
Aug 201110,21783.404.15$42,394
Jul 20118,60394.144.52$38,862
Jun 20118,66992.904.64$40,223
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20114,21386.504.59$19,333
Dec 201011,91585.734.35$51,803
Nov 201011,84180.843.80$44,941
Oct 201012,71178.103.51$44,602
Sep 201013,16572.633.98$52,390
Aug 201014,26173.684.42$63,024
Jul 201014,58772.554.74$69,091
Jun 201014,47270.364.91$71,063
May 201015,61371.124.24$66,124
Apr 201016,60481.694.12$68,453
Mar 201017,73578.394.39$77,833
Feb 201017,52073.585.44$95,350
Jan 201013,96974.365.96$83,312
Dec 200917,47571.445.48$95,829
Nov 200918,30474.593.75$68,667
Oct 200921,33472.544.11$87,688
Sep 200922,37565.543.06$68,574
Aug 200926,42867.423.22$85,059
Jul 200930,14261.133.46$104,427
Jun 200933,60366.163.90$130,884
May 200939,76454.743.93$156,104
Apr 200947,36246.773.59$169,911
Mar 200953,93942.144.06$218,938
Feb 200921,19232.814.63$98,183

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                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/250352 is the state's own key, not one this site invented.