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 261720District 09Field 65280200GasSaveExport
Value, all time
$3.1 M
May 2011 – May 2026
Value, last 12 filed months
$0
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
GasProduction883,310 Mcf$3,106,113
Total$3,106,113

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 20260106.413.05$0
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 20241280.301.55$19
Feb 20241676.091.78$29
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20231,52485.443.09$4,705
Sep 20232,13589.042.74$5,839
Aug 20232,00180.522.67$5,348
Jul 20232,60174.852.64$6,871
Jun 20232,31268.962.26$5,222
May 20232,42070.622.23$5,390
Apr 20232,81578.122.24$6,299
Mar 20232,48272.852.39$5,940
Feb 20232,54975.112.47$6,285
Jan 20232,53176.533.39$8,574
Dec 20221,62376.415.73$9,298
Nov 20222,11285.005.65$11,925
Oct 20222,52387.185.86$14,794
Sep 20222,65384.888.16$21,658
Aug 20223,51194.529.13$32,045
Jul 20222,364101.587.54$17,829
Jun 20222,302115.097.98$18,364
May 20221,452109.378.43$12,245
Apr 20221,066104.226.84$7,289
Mar 20221,864108.885.08$9,462
Feb 20221,65891.054.86$8,056
Jan 20222,49081.844.54$11,299
Dec 20213,05571.323.90$11,912
Nov 20213,41077.435.24$17,858
Oct 20213,64879.795.71$20,844
Sep 20213,55269.865.35$19,006
Aug 20212,91466.024.22$12,299
Jul 20212,77470.783.98$11,046
Jun 20212,10169.493.38$7,103
May 20212,61263.483.02$7,882
Apr 20213,28260.362.76$9,053
Mar 20212,59061.302.72$7,037
Feb 20211,41157.805.55$7,828
Jan 20211,98550.412.81$5,578
Dec 2020044.642.68$0
Nov 20202,80438.772.71$7,589
Oct 2020036.972.48$0
Sep 202037737.091.99$751
Aug 20201,56839.982.39$3,740
Jul 20201,96038.371.83$3,577
Jun 20201,70834.901.69$2,887
May 20201,85416.921.81$3,365
Apr 20201,83714.751.80$3,315
Mar 20203,20830.341.86$5,955
Feb 20203,69249.881.98$7,313
Jan 20203,67757.252.09$7,702
Dec 20194,09359.012.30$9,432
Nov 20191,64655.302.75$4,528
Oct 20194,20353.472.42$10,165
Sep 20195,53455.052.66$14,705
Aug 20195,56753.112.30$12,828
Jul 20192,74856.272.46$6,760
Jun 20193,94452.782.49$9,825
May 20191,51258.482.74$4,143
Apr 20193,43162.632.75$9,438
Mar 20193,40656.803.06$10,430
Feb 20193,34850.852.79$9,348
Jan 20193,85746.033.23$12,451
Dec 20184,50646.594.19$18,860
Nov 20184,41352.934.24$18,699
Oct 20184,55461.443.40$15,475
Sep 20184,27159.543.11$13,274
Aug 20184,49259.403.07$13,775
Jul 20184,63165.142.93$13,578
Jun 20184,22260.183.08$12,991
May 20185,18665.382.90$15,044
Apr 20185,14263.842.90$14,916
Mar 20185,02961.222.79$14,015
Feb 20184,00061.782.77$11,064
Jan 20185,00662.874.01$20,071
Dec 20175,90857.272.92$17,260
Nov 20175,94755.423.12$18,545
Oct 20175,88949.292.98$17,571
Sep 20175,67347.523.09$17,514
Aug 20175,17945.373.00$15,560
Jul 20175,20443.873.09$16,066
Jun 20175,37242.493.09$16,585
May 20175,66345.373.26$18,481
Apr 20175,51347.933.21$17,706
Mar 20175,45246.772.98$16,267
Feb 20175,40450.452.95$15,956
Jan 20176,60849.413.42$22,591
Dec 20166,32248.763.72$23,536
Nov 20166,11242.492.64$16,162
Oct 20165,40446.193.09$16,700
Sep 20163,94041.553.10$12,216
Aug 20165,43241.442.92$15,885
Jul 20167,92341.622.92$23,170
Jun 20165,72945.352.69$15,387
May 20168,70042.521.99$17,322
Apr 20168,67736.561.99$17,276
Mar 20167,74733.011.79$13,898
Feb 20167,95726.472.06$16,420
Jan 20169,69627.352.36$22,925
Dec 201510,03332.362.00$20,080
Nov 20158,65738.792.17$18,763
Oct 20157,73643.552.43$18,772
Sep 20158,00042.992.76$22,067
Aug 20158,50340.162.87$24,425
Jul 20152,45248.152.95$7,221
Jun 20157,28056.152.88$20,987
May 20158,45655.212.96$24,991
Apr 20154,73849.822.71$12,824
Mar 20153,92242.892.93$11,510
Feb 201513344.662.98$396
Jan 2015043.433.10$0
Dec 201485754.693.59$3,078
Nov 20146,88270.464.25$29,261
Oct 20149,07978.303.90$35,417
Sep 20142,56586.164.05$10,377
Aug 2014089.394.04$0
Jul 20144,17196.564.18$17,433
Jun 20146,59798.164.74$31,249
May 20149,16894.734.73$43,333
Apr 201410,19995.944.81$49,048
Mar 201412,81495.895.06$64,798
Feb 201412,02697.406.19$74,465
Jan 201414,99390.404.86$72,877
Dec 20135,09591.824.35$22,186
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20139,412104.113.72$34,991
Aug 20136,575104.253.52$23,161
Jul 2013280102.523.72$1,041
Jun 201315,42294.403.93$60,661
May 201318,26194.834.15$75,766
Apr 201320,07993.964.28$85,990
Mar 201311,52093.623.91$45,076
Feb 2013091.233.42$0
Jan 2013391.603.42$10
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 20121692.662.91$47
Jul 20125,56585.133.02$16,811
Jun 201214,58879.822.52$36,748
May 201216,98891.612.49$42,272
Apr 201217,191101.652.00$34,327
Mar 201217,505105.052.22$38,898
Feb 201221,498101.102.57$55,255
Jan 20128,16998.092.73$22,335
Dec 20117,03696.873.24$22,795
Nov 20114,73495.723.31$15,676
Oct 201122,63084.983.65$82,566
Sep 201126,01983.623.99$103,707
Aug 201132,34783.404.15$134,218
Jul 201139,37594.144.52$177,866
Jun 201148,51492.904.64$225,099
May 2011098.134.40$0

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.

Mar 2024 — as filed, then multipliedworked
Gas                   12 Mcf  × $  1.55 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/261720 is the state's own key, not one this site invented.