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 262024District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Mar 2011 – May 2026
Value, last 12 filed months
$246 k
at the published price for each month
Months reported
183
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
GasProduction2,417,821 Mcf$8,084,797
Total$8,084,797

Every month this lease reported (183)

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

183 months

May 20265,486106.413.05$16,709
Apr 20265,30098.932.87$15,210
Mar 20265,53989.753.15$17,445
Feb 20265,09163.503.75$19,093
Jan 20265,34759.138.00$42,765
Dec 20255,47856.664.41$24,176
Nov 20255,34358.593.93$20,979
Oct 20255,75759.383.30$19,026
Sep 20255,50562.743.08$16,938
Aug 20255,70463.933.01$17,196
Jul 20255,62166.743.32$18,635
Jun 20255,61866.483.13$17,577
May 20255,72760.553.23$18,512
Apr 20255,52162.363.54$19,562
Mar 20255,84667.704.27$24,953
Feb 20255,24970.884.34$22,785
Jan 20255,73374.324.28$24,530
Dec 20245,74068.993.12$17,917
Nov 20245,73269.052.20$12,601
Oct 20245,97871.372.28$13,638
Sep 20245,91069.612.36$13,973
Aug 20246,15975.632.06$12,710
Jul 20246,18279.932.15$13,270
Jun 20245,94678.082.63$15,662
May 20246,12678.812.20$13,468
Apr 20246,21184.451.66$10,305
Mar 20246,09580.301.55$9,418
Feb 20245,58376.091.78$9,958
Jan 20246,59773.023.30$21,755
Dec 20236,39471.262.61$16,693
Nov 20236,39877.892.81$17,963
Oct 20236,55785.443.09$20,243
Sep 20236,50989.042.74$17,802
Aug 20236,68080.522.67$17,855
Jul 20236,85574.852.64$18,110
Jun 20236,50768.962.26$14,696
May 20236,78870.622.23$15,120
Apr 20236,69078.122.24$14,971
Mar 20236,96072.852.39$16,656
Feb 20236,37275.112.47$15,711
Jan 20237,14776.533.39$24,212
Dec 20227,03676.415.73$40,310
Nov 20227,05585.005.65$39,834
Oct 20227,45187.185.86$43,691
Sep 20227,37184.888.16$60,174
Aug 20227,70594.529.13$70,325
Jul 20227,662101.587.54$57,787
Jun 20227,485115.097.98$59,709
May 20226,881109.378.43$58,028
Apr 20226,549104.226.84$44,779
Mar 20227,118108.885.08$36,134
Feb 20226,85291.054.86$33,293
Jan 20227,96581.844.54$36,143
Dec 20217,26471.323.90$28,323
Nov 20217,41677.435.24$38,836
Oct 20217,76579.795.71$44,368
Sep 20217,56569.865.35$40,480
Aug 20218,08866.024.22$34,136
Jul 20217,83270.783.98$31,188
Jun 20217,63369.493.38$25,804
May 20217,96563.483.02$24,036
Apr 20218,24960.362.76$22,754
Mar 20217,98861.302.72$21,703
Feb 20217,93157.805.55$44,001
Jan 20219,13050.412.81$25,658
Dec 20209,12944.642.68$24,424
Nov 20208,88038.772.71$24,034
Oct 20209,36136.972.48$23,201
Sep 20208,49037.091.99$16,904
Aug 20209,12339.982.39$21,759
Jul 20209,28238.371.83$16,941
Jun 20208,84834.901.69$14,956
May 20209,71616.921.81$17,632
Apr 20209,46914.751.80$17,086
Mar 20209,99330.341.86$18,549
Feb 20209,52149.881.98$18,858
Jan 202010,23557.252.09$21,440
Dec 201910,30959.012.30$23,756
Nov 201910,15755.302.75$27,939
Oct 201910,77753.472.42$26,065
Sep 20199,04555.052.66$24,035
Aug 20198,70153.112.30$20,050
Jul 20198,77256.272.46$21,580
Jun 20198,69952.782.49$21,671
May 20199,24158.482.74$25,323
Apr 20198,67562.632.75$23,862
Mar 20199,56556.803.06$29,289
Feb 20198,48050.852.79$23,678
Jan 20199,55546.033.23$30,845
Dec 20189,58846.594.19$40,130
Nov 20189,57652.934.24$40,576
Oct 201810,51961.443.40$35,744
Sep 20189,70359.543.11$30,157
Aug 201810,22659.403.07$31,359
Jul 201810,25965.142.93$30,078
Jun 201810,55060.183.08$32,462
May 201810,77065.382.90$31,242
Apr 201810,71663.842.90$31,085
Mar 201811,45361.222.79$31,918
Feb 201810,33961.782.77$28,599
Jan 201811,90262.874.01$47,719
Dec 201711,86457.272.92$34,661
Nov 201711,71855.423.12$36,541
Oct 201712,00149.292.98$35,807
Sep 201711,93547.523.09$36,847
Aug 201712,63645.373.00$37,964
Jul 201711,85043.873.09$36,584
Jun 201712,11342.493.09$37,396
May 201712,87545.373.26$42,016
Apr 201712,38047.933.21$39,760
Mar 201712,94446.772.98$38,621
Feb 201710,59550.452.95$31,283
Jan 201711,27649.413.42$38,550
Dec 201611,21048.763.72$41,733
Nov 201610,90542.492.64$28,837
Oct 201611,56746.193.09$35,745
Sep 201611,35841.553.10$35,217
Aug 201611,95641.442.92$34,963
Jul 201612,12441.622.92$35,455
Jun 201611,88445.352.69$31,918
May 201612,28842.521.99$24,466
Apr 201612,13236.561.99$24,155
Mar 201611,94633.011.79$21,431
Feb 201611,31526.472.06$23,350
Jan 201612,39427.352.36$29,304
Dec 201512,21132.362.00$24,439
Nov 201512,07138.792.17$26,162
Oct 201512,81343.552.43$31,092
Sep 201512,62142.992.76$34,814
Aug 201513,18340.162.87$37,868
Jul 201513,17648.152.95$38,804
Jun 201512,57456.152.88$36,249
May 201513,63755.212.96$40,303
Apr 201513,42849.822.71$36,344
Mar 201514,12142.892.93$41,441
Feb 201513,06844.662.98$38,893
Jan 201514,82543.433.10$45,967
Dec 201415,24754.693.59$54,757
Nov 201414,81770.464.25$63,000
Oct 201415,82478.303.90$61,729
Sep 201415,45986.164.05$62,538
Aug 201416,22689.394.04$65,474
Jul 201416,45196.564.18$68,759
Jun 201416,27798.164.74$77,102
May 201417,32294.734.73$81,873
Apr 201417,26095.944.81$83,005
Mar 201418,10395.895.06$91,543
Feb 201416,62397.406.19$102,930
Jan 201418,94490.404.86$92,081
Dec 201319,91391.824.35$86,711
Nov 201319,29188.853.74$72,115
Oct 201321,31497.423.78$80,553
Sep 201321,001104.113.72$78,076
Aug 201322,419104.253.52$78,973
Jul 201322,798102.523.72$84,757
Jun 201322,37994.403.93$88,026
May 201324,21994.834.15$100,487
Apr 201324,67693.964.28$105,677
Mar 201325,66193.623.91$100,408
Feb 201324,43891.233.42$83,576
Jan 201328,22091.603.42$96,510
Dec 201230,02186.773.42$102,677
Nov 201228,43386.953.62$103,068
Oct 201231,04189.383.40$105,529
Sep 201230,53094.672.92$89,099
Aug 201232,17792.662.91$93,576
Jul 201235,44585.133.02$107,072
Jun 201236,55779.822.52$92,089
May 201240,21191.612.49$100,058
Apr 201239,830101.652.00$79,533
Mar 201243,424105.052.22$96,492
Feb 201243,469101.102.57$111,726
Jan 201250,35398.092.73$137,669
Dec 201154,79196.873.24$177,509
Nov 201157,98595.723.31$192,005
Oct 201170,29284.983.65$256,463
Sep 201152,28483.623.99$208,394
Aug 201145,54183.404.15$188,964
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$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                5,486 Mcf  × $  3.05 =    $16,709

────────────────────────────────────────────────────
Month total                                  $16,709

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/262024 is the state's own key, not one this site invented.