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 261728District 09Field 65280200GasSaveExport
Value, all time
$2.8 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
GasProduction767,064 Mcf$2,760,477
Total$2,760,477

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 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 20235578.122.24$123
Mar 202313072.852.39$311
Feb 202314875.112.47$365
Jan 202318276.533.39$617
Dec 202210276.415.73$584
Nov 202214085.005.65$790
Oct 202214187.185.86$827
Sep 202216484.888.16$1,339
Aug 202220194.529.13$1,835
Jul 20221,020101.587.54$7,693
Jun 20221,690115.097.98$13,481
May 20222,308109.378.43$19,463
Apr 20222,080104.226.84$14,222
Mar 20222,252108.885.08$11,432
Feb 20221,85691.054.86$9,018
Jan 20222,13981.844.54$9,706
Dec 20212,09871.323.90$8,180
Nov 20212,12977.435.24$11,149
Oct 20212,21079.795.71$12,628
Sep 20212,20769.865.35$11,809
Aug 20212,66866.024.22$11,261
Jul 20213,18570.783.98$12,683
Jun 20212,80369.493.38$9,476
May 20212,48963.483.02$7,511
Apr 20212,01660.362.76$5,561
Mar 20211,60661.302.72$4,363
Feb 20212,81957.805.55$15,640
Jan 20212,59450.412.81$7,290
Dec 20204,06344.642.68$10,870
Nov 2020038.772.71$0
Oct 202031136.972.48$771
Sep 202034037.091.99$677
Aug 202032139.982.39$766
Jul 20201,13438.371.83$2,070
Jun 20202,10034.901.69$3,550
May 20202,49316.921.81$4,524
Apr 20202,82614.751.80$5,099
Mar 20201,62030.341.86$3,007
Feb 202023149.881.98$458
Jan 202030057.252.09$628
Dec 201934459.012.30$793
Nov 201957455.302.75$1,579
Oct 20193,60253.472.42$8,712
Sep 20194,06155.052.66$10,791
Aug 20191,44553.112.30$3,330
Jul 20191,12656.272.46$2,770
Jun 20192,17252.782.49$5,411
May 20191,64458.482.74$4,505
Apr 20192,25862.632.75$6,211
Mar 20192,39956.803.06$7,346
Feb 20192,15250.852.79$6,009
Jan 20192,33846.033.23$7,547
Dec 20182,52446.594.19$10,564
Nov 20182,51452.934.24$10,652
Oct 20182,61761.443.40$8,893
Sep 20182,51259.543.11$7,807
Aug 20182,41759.403.07$7,412
Jul 20182,73965.142.93$8,030
Jun 20182,63960.183.08$8,120
May 20182,70465.382.90$7,844
Apr 20182,53463.842.90$7,351
Mar 20182,52461.222.79$7,034
Feb 20182,36861.782.77$6,550
Jan 20182,83562.874.01$11,366
Dec 20172,78257.272.92$8,128
Nov 20172,67055.423.12$8,326
Oct 20172,79949.292.98$8,351
Sep 20172,73447.523.09$8,441
Aug 20172,84745.373.00$8,554
Jul 20173,07443.873.09$9,490
Jun 20173,21142.493.09$9,913
May 20173,32445.373.26$10,848
Apr 20173,19747.933.21$10,267
Mar 20173,69346.772.98$11,019
Feb 20173,45350.452.95$10,195
Jan 20173,63349.413.42$12,421
Dec 20163,61048.763.72$13,439
Nov 20163,80842.492.64$10,070
Oct 20163,97046.193.09$12,268
Sep 20163,81841.553.10$11,838
Aug 20164,01041.442.92$11,727
Jul 20164,08341.622.92$11,940
Jun 20164,00345.352.69$10,751
May 20163,68842.521.99$7,343
Apr 20163,64736.561.99$7,261
Mar 20164,40633.011.79$7,904
Feb 20163,97626.472.06$8,205
Jan 20163,93727.352.36$9,308
Dec 20152,75332.362.00$5,510
Nov 20155938.792.17$128
Oct 20153,82243.552.43$9,274
Sep 20154,52042.992.76$12,468
Aug 20154,74840.162.87$13,639
Jul 20155,02348.152.95$14,793
Jun 20154,15556.152.88$11,978
May 20155,10555.212.96$15,088
Apr 20155,09149.822.71$13,779
Mar 20155,50042.892.93$16,141
Feb 20155,20244.662.98$15,482
Jan 20155,91643.433.10$18,343
Dec 20146,40754.693.59$23,010
Nov 20146,36270.464.25$27,050
Oct 20146,11378.303.90$23,847
Sep 20146,22686.164.05$25,187
Aug 20146,27489.394.04$25,316
Jul 20146,54796.564.18$27,364
Jun 20146,37598.164.74$30,198
May 20146,87994.734.73$32,514
Apr 20147,25595.944.81$34,890
Mar 20147,72595.895.06$39,064
Feb 20147,47097.406.19$46,254
Jan 20147,99090.404.86$38,837
Dec 20138,13491.824.35$35,419
Nov 20138,01788.853.74$29,970
Oct 20138,31697.423.78$31,429
Sep 20138,464104.113.72$31,467
Aug 20139,155104.253.52$32,249
Jul 20138,893102.523.72$33,062
Jun 20139,51294.403.93$37,415
May 201310,41594.834.15$43,213
Apr 201311,46593.964.28$49,100
Mar 201312,67693.623.91$49,600
Feb 201312,37091.233.42$42,304
Jan 201314,10391.603.42$48,231
Dec 201214,69586.773.42$50,259
Nov 201215,11486.953.62$54,788
Oct 201212,49889.383.40$42,489
Sep 201211,72994.672.92$34,230
Aug 201212,95892.662.91$37,684
Jul 201213,27885.133.02$40,110
Jun 201213,31779.822.52$33,546
May 201214,69291.612.49$36,558
Apr 201216,376101.652.00$32,700
Mar 201213,589105.052.22$30,196
Feb 201212,636101.102.57$32,478
Jan 20125,18498.092.73$14,173
Dec 20113,55096.873.24$11,501
Nov 20111,40195.723.31$4,639
Oct 20111,93084.983.65$7,042
Sep 20115,55583.623.99$22,141
Aug 201135,52883.404.15$147,417
Jul 201140,54594.144.52$183,152
Jun 201151,07792.904.64$236,991
May 201117,78998.134.40$78,357

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.

Apr 2023 — as filed, then multipliedworked
Gas                   55 Mcf  × $  2.24 =       $123

────────────────────────────────────────────────────
Month total                                     $123

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/261728 is the state's own key, not one this site invented.