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 262012District 09Field 65280200GasSaveExport
Value, all time
$6.8 M
Apr 2011 – May 2026
Value, last 12 filed months
$191 k
at the published price for each month
Months reported
182
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
GasProduction2,058,172 Mcf$6,844,116
Total$6,844,116

Every month this lease reported (182)

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

182 months

May 20264,058106.413.05$12,360
Apr 20264,05498.932.87$11,634
Mar 20264,26089.753.15$13,417
Feb 20263,98963.503.75$14,960
Jan 20264,28059.138.00$34,231
Dec 20254,14256.664.41$18,280
Nov 20254,05558.593.93$15,922
Oct 20254,43559.383.30$14,657
Sep 20254,31562.743.08$13,277
Aug 20254,54363.933.01$13,696
Jul 20254,41666.743.32$14,640
Jun 20254,33666.483.13$13,566
May 20254,36560.553.23$14,109
Apr 20253,59962.363.54$12,752
Mar 20253,98167.704.27$16,992
Feb 20254,02570.884.34$17,472
Jan 20254,41374.324.28$18,882
Dec 20244,56768.993.12$14,255
Nov 20244,40269.052.20$9,678
Oct 20244,65471.372.28$10,618
Sep 20244,57569.612.36$10,817
Aug 20244,62175.632.06$9,536
Jul 20244,46279.932.15$9,578
Jun 20244,41978.082.63$11,640
May 20244,80278.812.20$10,557
Apr 20243,44384.451.66$5,713
Mar 20243,92280.301.55$6,060
Feb 20242,82776.091.78$5,042
Jan 20243,51573.023.30$11,591
Dec 20234,27871.262.61$11,169
Nov 20234,73877.892.81$13,302
Oct 20234,90885.443.09$15,152
Sep 20233,60789.042.74$9,865
Aug 20234,50180.522.67$12,031
Jul 20235,48374.852.64$14,485
Jun 20234,82368.962.26$10,893
May 20231,96370.622.23$4,372
Apr 20234,90078.122.24$10,965
Mar 20235,12372.852.39$12,260
Feb 20234,72275.112.47$11,643
Jan 20235,26476.533.39$17,833
Dec 20225,17576.415.73$29,648
Nov 20225,18385.005.65$29,264
Oct 20225,47087.185.86$32,075
Sep 20225,31684.888.16$43,398
Aug 20225,54694.529.13$50,619
Jul 20225,147101.587.54$38,819
Jun 20225,396115.097.98$43,045
May 20225,645109.378.43$47,605
Apr 20225,017104.226.84$34,304
Mar 20225,588108.885.08$28,367
Feb 20224,87291.054.86$23,672
Jan 20225,48181.844.54$24,871
Dec 20215,52671.323.90$21,547
Nov 20215,65577.435.24$29,614
Oct 20215,97579.795.71$34,140
Sep 20215,97369.865.35$31,961
Aug 20216,24566.024.22$26,358
Jul 20216,47770.783.98$25,792
Jun 20216,27669.493.38$21,217
May 20216,47163.483.02$19,527
Apr 20216,51660.362.76$17,974
Mar 20217,01561.302.72$19,059
Feb 20215,97557.805.55$33,149
Jan 20216,86950.412.81$19,304
Dec 20206,97844.642.68$18,669
Nov 20206,86938.772.71$18,591
Oct 20207,30636.972.48$18,107
Sep 20206,76337.091.99$13,465
Aug 20207,51239.982.39$17,917
Jul 20208,06638.371.83$14,721
Jun 20205,85734.901.69$9,900
May 20204,28116.921.81$7,769
Apr 20204,71214.751.80$8,502
Mar 20204,88830.341.86$9,073
Feb 20204,46049.881.98$8,834
Jan 20204,74957.252.09$9,948
Dec 20194,98459.012.30$11,485
Nov 20195,63255.302.75$15,492
Oct 20196,85453.472.42$16,577
Sep 20196,27355.052.66$16,669
Aug 20196,85953.112.30$15,806
Jul 20196,63456.272.46$16,320
Jun 20196,82052.782.49$16,990
May 20196,19058.482.74$16,963
Apr 20196,62962.632.75$18,234
Mar 20197,06456.803.06$21,631
Feb 20196,57750.852.79$18,364
Jan 20197,40046.033.23$23,889
Dec 20187,59846.594.19$31,801
Nov 20186,76552.934.24$28,665
Oct 20188,03861.443.40$27,314
Sep 20187,44659.543.11$23,142
Aug 20188,14959.403.07$24,989
Jul 20187,55665.142.93$22,153
Jun 20188,24560.183.08$25,369
May 20188,90465.382.90$25,829
Apr 20187,25663.842.90$21,048
Mar 20188,11661.222.79$22,618
Feb 20187,65661.782.77$21,177
Jan 20188,96062.874.01$35,924
Dec 20178,59757.272.92$25,116
Nov 20178,54355.423.12$26,640
Oct 20179,39349.292.98$28,026
Sep 20178,35147.523.09$25,782
Aug 20178,98145.373.00$26,983
Jul 20179,17943.873.09$28,338
Jun 20178,78342.493.09$27,116
May 20179,24845.373.26$30,180
Apr 20179,11447.933.21$29,271
Mar 20179,59046.772.98$28,613
Feb 20178,91150.452.95$26,311
Jan 20179,72049.413.42$33,231
Dec 201610,16448.763.72$37,839
Nov 201610,03642.492.64$26,539
Oct 201611,23546.193.09$34,719
Sep 201611,05541.553.10$34,277
Aug 201611,51841.442.92$33,683
Jul 201612,66641.622.92$37,040
Jun 201612,23945.352.69$32,872
May 201612,87842.521.99$25,641
Apr 201613,97336.561.99$27,821
Mar 201613,23033.011.79$23,735
Feb 201611,25026.472.06$23,216
Jan 201612,25327.352.36$28,971
Dec 201512,28632.362.00$24,589
Nov 201512,28138.792.17$26,617
Oct 201512,44343.552.43$30,194
Sep 201512,19842.992.76$33,647
Aug 201513,16340.162.87$37,811
Jul 201512,92548.152.95$38,065
Jun 201512,34856.152.88$35,598
May 201513,72255.212.96$40,555
Apr 201513,71449.822.71$37,118
Mar 201514,78342.892.93$43,384
Feb 201513,12344.662.98$39,057
Jan 201514,78243.433.10$45,834
Dec 201414,87554.693.59$53,421
Nov 201414,69370.464.25$62,472
Oct 201415,41778.303.90$60,141
Sep 201415,40486.164.05$62,316
Aug 201416,38889.394.04$66,128
Jul 201416,73196.564.18$69,929
Jun 201415,94998.164.74$75,549
May 201413,01594.734.73$61,516
Apr 201412,83695.944.81$61,730
Mar 201415,57095.895.06$78,734
Feb 201415,13197.406.19$93,691
Jan 201418,32690.404.86$89,078
Dec 201316,89691.824.35$73,573
Nov 201315,43388.853.74$57,693
Oct 201316,41097.423.78$62,019
Sep 201316,410104.113.72$61,008
Aug 201317,432104.253.52$61,406
Jul 201318,560102.523.72$69,001
Jun 201317,90594.403.93$70,428
May 201319,83194.834.15$82,280
Apr 201320,24493.964.28$86,697
Mar 201321,46993.623.91$84,005
Feb 201320,53891.233.42$70,238
Jan 201324,24891.603.42$82,926
Dec 201226,49486.773.42$90,614
Nov 201227,21386.953.62$98,646
Oct 201228,97389.383.40$98,499
Sep 201227,77894.672.92$81,067
Aug 201229,29292.662.91$85,186
Jul 201233,29585.133.02$100,578
Jun 201235,87979.822.52$90,381
May 201238,00591.612.49$94,569
Apr 201238,498101.652.00$76,873
Mar 201242,570105.052.22$94,594
Feb 201243,326101.102.57$111,358
Jan 201251,03098.092.73$139,520
Dec 201156,09796.873.24$181,740
Nov 201160,49995.723.31$200,329
Oct 201178,58284.983.65$286,710
Sep 201136,29983.623.99$144,681
Aug 201126,31683.404.15$109,194
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$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.

May 2026 — as filed, then multipliedworked
Gas                4,058 Mcf  × $  3.05 =    $12,360

────────────────────────────────────────────────────
Month total                                  $12,360

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/262012 is the state's own key, not one this site invented.