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 261719District 09Field 65280200GasSaveExport
Value, all time
$3.1 M
May 2011 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
181
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
GasProduction859,605 Mcf$3,110,558
Total$3,110,558

Every month this lease reported (181)

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

181 months

May 20261,358106.413.05$4,136
Apr 20261,25398.932.87$3,596
Mar 202627189.753.15$854
Feb 202694163.503.75$3,529
Jan 202665259.138.00$5,215
Dec 20251,14556.664.41$5,053
Nov 20251,10158.593.93$4,323
Oct 20251,39059.383.30$4,594
Sep 20251,35862.743.08$4,178
Aug 20251,41963.933.01$4,278
Jul 20251,26666.743.32$4,197
Jun 20251,39666.483.13$4,368
May 20251,26660.553.23$4,092
Apr 20251,60262.363.54$5,676
Mar 20251,53467.704.27$6,548
Feb 20251,53670.884.34$6,668
Jan 20251,54674.324.28$6,615
Dec 20241,71268.993.12$5,344
Nov 202490969.052.20$1,998
Oct 20241,27171.372.28$2,900
Sep 20241,66069.612.36$3,925
Aug 202496375.632.06$1,987
Jul 20241,36179.932.15$2,922
Jun 20241,99978.082.63$5,265
May 20242,26878.812.20$4,986
Apr 20241,97084.451.66$3,269
Mar 20242,48180.301.55$3,833
Feb 20242,07576.091.78$3,701
Jan 20242,40073.023.30$7,914
Dec 20231,63371.262.61$4,263
Nov 20233,15277.892.81$8,849
Oct 20233,00485.443.09$9,274
Sep 20232,60189.042.74$7,114
Aug 20233,10380.522.67$8,294
Jul 20233,09774.852.64$8,182
Jun 20232,97668.962.26$6,721
May 20232,92870.622.23$6,522
Apr 20232,79078.122.24$6,243
Mar 20232,81972.852.39$6,746
Feb 20232,44175.112.47$6,019
Jan 20232,77876.533.39$9,411
Dec 20222,77676.415.73$15,904
Nov 20222,70685.005.65$15,279
Oct 20222,58387.185.86$15,146
Sep 20222,45184.888.16$20,009
Aug 20223,06494.529.13$27,966
Jul 20223,223101.587.54$24,308
Jun 20223,245115.097.98$25,886
May 20223,208109.378.43$27,053
Apr 20222,752104.226.84$18,817
Mar 20222,933108.885.08$14,889
Feb 20222,60991.054.86$12,677
Jan 20222,76481.844.54$12,542
Dec 20212,86771.323.90$11,179
Nov 20212,79777.435.24$14,647
Oct 20212,76379.795.71$15,787
Sep 20212,68469.865.35$14,362
Aug 20212,71566.024.22$11,459
Jul 20212,61470.783.98$10,409
Jun 20212,79969.493.38$9,462
May 20212,22763.483.02$6,720
Apr 20211,75960.362.76$4,852
Mar 20211,51661.302.72$4,119
Feb 202123957.805.55$1,326
Jan 20211,46150.412.81$4,106
Dec 20203,22444.642.68$8,626
Nov 20202,85738.772.71$7,733
Oct 20202,88136.972.48$7,140
Sep 20202,66137.091.99$5,298
Aug 20202,76939.982.39$6,604
Jul 20202,54538.371.83$4,645
Jun 20202,26134.901.69$3,822
May 20202,52116.921.81$4,575
Apr 20202,87514.751.80$5,188
Mar 20203,30630.341.86$6,137
Feb 20203,01949.881.98$5,980
Jan 20203,23057.252.09$6,766
Dec 20193,41459.012.30$7,867
Nov 20191,84455.302.75$5,072
Oct 20191,18753.472.42$2,871
Sep 201944955.052.66$1,193
Aug 20192,93353.112.30$6,759
Jul 20191,41356.272.46$3,476
Jun 201950852.782.49$1,266
May 201982658.482.74$2,264
Apr 201941862.632.75$1,150
Mar 201954056.803.06$1,654
Feb 20191,73850.852.79$4,853
Jan 20192,35546.033.23$7,602
Dec 20182,90246.594.19$12,146
Nov 20183,44352.934.24$14,589
Oct 20185,14761.443.40$17,490
Sep 201832459.543.11$1,007
Aug 201845459.403.07$1,392
Jul 201856165.142.93$1,645
Jun 20181,39060.183.08$4,277
May 20182,68365.382.90$7,783
Apr 20183,03863.842.90$8,813
Mar 20183,38661.222.79$9,436
Feb 20183,19661.782.77$8,841
Jan 20183,70362.874.01$14,847
Dec 20173,36457.272.92$9,828
Nov 20173,50555.423.12$10,930
Oct 20173,63049.292.98$10,831
Sep 20173,73147.523.09$11,519
Aug 20173,99445.373.00$12,000
Jul 20174,05743.873.09$12,525
Jun 20173,91942.493.09$12,099
May 20174,44545.373.26$14,506
Apr 20174,59247.933.21$14,748
Mar 20175,35346.772.98$15,972
Feb 20175,58450.452.95$16,487
Jan 20175,76149.413.42$19,696
Dec 20166,01248.763.72$22,382
Nov 20165,69342.492.64$15,054
Oct 20166,33046.193.09$19,561
Sep 20166,30941.553.10$19,562
Aug 20166,38541.442.92$18,672
Jul 20166,08941.622.92$17,806
Jun 20165,96645.352.69$16,024
May 20165,75742.521.99$11,462
Apr 20165,69336.561.99$11,335
Mar 20164,53633.011.79$8,138
Feb 20165,10326.472.06$10,531
Jan 20167,40227.352.36$17,501
Dec 20159,62032.362.00$19,254
Nov 20153,63238.792.17$7,872
Oct 20155543.552.43$133
Sep 201547342.992.76$1,305
Aug 201570940.162.87$2,037
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 20158755.212.96$257
Apr 201560749.822.71$1,643
Mar 201548842.892.93$1,432
Feb 20151,34144.662.98$3,991
Jan 20156,00543.433.10$18,619
Dec 20149,20554.693.59$33,058
Nov 20148,72770.464.25$37,106
Oct 20147,95978.303.90$31,048
Sep 20147,12886.164.05$28,836
Aug 20148,24989.394.04$33,286
Jul 20149,42796.564.18$39,401
Jun 20148,80798.164.74$41,718
May 201410,07194.734.73$47,601
Apr 201410,97595.944.81$52,780
Mar 201411,99395.895.06$60,646
Feb 201410,08297.406.19$62,428
Jan 201411,83890.404.86$57,541
Dec 20139,67591.824.35$42,130
Nov 201310,78688.853.74$40,321
Oct 201313,08697.423.78$49,457
Sep 201313,303104.113.72$49,457
Aug 201314,218104.253.52$50,084
Jul 201315,517102.523.72$57,688
Jun 20137,40294.403.93$29,115
May 20135,65394.834.15$23,455
Apr 20136,69993.964.28$28,689
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 20137891.603.42$267
Dec 20128386.773.42$284
Nov 20121,40786.953.62$5,100
Oct 201211,67289.383.40$39,681
Sep 201213,96394.672.92$40,750
Aug 201217,12292.662.91$49,794
Jul 201218,91985.133.02$57,151
Jun 201216,50879.822.52$41,584
May 20128,13191.612.49$20,233
Apr 20127101.652.00$14
Mar 201274105.052.22$164
Feb 2012748101.102.57$1,923
Jan 201215,63498.092.73$42,745
Dec 201124,27196.873.24$78,632
Nov 201124,18095.723.31$80,067
Oct 20118,44184.983.65$30,797
Sep 20114,83483.623.99$19,267
Aug 201129,75083.404.15$123,442
Jul 201134,09194.144.52$153,997
Jun 201141,73992.904.64$193,664
May 201112,74598.134.40$56,139

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                1,358 Mcf  × $  3.05 =     $4,136

────────────────────────────────────────────────────
Month total                                   $4,136

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/261719 is the state's own key, not one this site invented.