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 262813District 09Field 65280200GasSaveExport
Value, all time
$3.3 M
Aug 2011 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
178
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
GasProduction977,890 Mcf$3,344,626
Total$3,344,626

Every month this lease reported (178)

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

178 months

May 20262,048106.413.05$6,238
Apr 20262,01798.932.87$5,788
Mar 20262,15789.753.15$6,793
Feb 20261,98163.503.75$7,429
Jan 20262,32859.138.00$18,619
Dec 20252,26756.664.41$10,005
Nov 20252,05858.593.93$8,081
Oct 20252,40259.383.30$7,938
Sep 20252,40362.743.08$7,394
Aug 20252,53363.933.01$7,636
Jul 20252,41966.743.32$8,019
Jun 20252,70766.483.13$8,469
May 20252,54360.553.23$8,220
Apr 20252,37462.363.54$8,411
Mar 20252,47867.704.27$10,577
Feb 20252,19570.884.34$9,528
Jan 20252,20774.324.28$9,443
Dec 20242,33668.993.12$7,292
Nov 20242,33169.052.20$5,125
Oct 20241,89271.372.28$4,316
Sep 20242,44769.612.36$5,786
Aug 20242,50875.632.06$5,176
Jul 20242,50079.932.15$5,366
Jun 20241,99878.082.63$5,263
May 20241,71478.812.20$3,768
Apr 20241,60284.451.66$2,658
Mar 20241,81980.301.55$2,811
Feb 202445776.091.78$815
Jan 20241,84273.023.30$6,074
Dec 20233,01871.262.61$7,879
Nov 20233,05077.892.81$8,563
Oct 20233,18185.443.09$9,821
Sep 20233,34689.042.74$9,151
Aug 20233,13980.522.67$8,390
Jul 20233,31974.852.64$8,768
Jun 20232,15868.962.26$4,874
May 20233,15970.622.23$7,036
Apr 20233,26678.122.24$7,309
Mar 20233,49372.852.39$8,359
Feb 20233,17875.112.47$7,836
Jan 20233,71176.533.39$12,572
Dec 20223,88476.415.73$22,252
Nov 20223,90885.005.65$22,065
Oct 20224,31087.185.86$25,273
Sep 20224,29484.888.16$35,055
Aug 20222,32494.529.13$21,212
Jul 20223,717101.587.54$28,034
Jun 20223,927115.097.98$31,326
May 20222,744109.378.43$23,140
Apr 20222,570104.226.84$17,573
Mar 20223,973108.885.08$20,169
Feb 20223,75091.054.86$18,221
Jan 20223,57881.844.54$16,236
Dec 20214,44871.323.90$17,343
Nov 20214,46377.435.24$23,372
Oct 20214,42779.795.71$25,295
Sep 202186569.865.35$4,629
Aug 202162366.024.22$2,629
Jul 202163970.783.98$2,545
Jun 202164569.493.38$2,181
May 202167763.483.02$2,043
Apr 202162860.362.76$1,732
Mar 202168061.302.72$1,848
Feb 202156957.805.55$3,157
Jan 202167750.412.81$1,903
Dec 202087844.642.68$2,349
Nov 20201,97138.772.71$5,335
Oct 20202,41636.972.48$5,988
Sep 20202,44037.091.99$4,858
Aug 20203,30739.982.39$7,888
Jul 20203,05838.371.83$5,581
Jun 20201,00334.901.69$1,695
May 20201,16916.921.81$2,121
Apr 20201,19914.751.80$2,163
Mar 20201,31730.341.86$2,445
Feb 20201,16349.881.98$2,304
Jan 20201,65357.252.09$3,463
Dec 20191,32159.012.30$3,044
Nov 20192,25455.302.75$6,200
Oct 20193,55653.472.42$8,600
Sep 20192,38555.052.66$6,338
Aug 20192,69253.112.30$6,203
Jul 20192,70256.272.46$6,647
Jun 20192,59052.782.49$6,452
May 20193,55958.482.74$9,753
Apr 20193,66162.632.75$10,070
Mar 20193,69556.803.06$11,314
Feb 20193,01950.852.79$8,430
Jan 20193,42746.033.23$11,063
Dec 20183,39646.594.19$14,214
Nov 20183,57452.934.24$15,144
Oct 20183,84861.443.40$13,076
Sep 20183,75459.543.11$11,667
Aug 20183,96259.403.07$12,150
Jul 20184,00365.142.93$11,736
Jun 20183,99160.183.08$12,280
May 20184,03665.382.90$11,708
Apr 20184,00663.842.90$11,621
Mar 20184,10261.222.79$11,432
Feb 20183,74161.782.77$10,348
Jan 20184,40962.874.01$17,677
Dec 20174,20857.272.92$12,294
Nov 20174,13955.423.12$12,907
Oct 20174,37749.292.98$13,060
Sep 20174,32947.523.09$13,365
Aug 20174,40545.373.00$13,234
Jul 20174,49743.873.09$13,884
Jun 20174,26042.493.09$13,152
May 20174,54045.373.26$14,816
Apr 20174,52547.933.21$14,532
Mar 20174,90446.772.98$14,632
Feb 20174,58750.452.95$13,544
Jan 20175,54449.413.42$18,954
Dec 20165,25148.763.72$19,549
Nov 20165,19242.492.64$13,729
Oct 20165,84546.193.09$18,063
Sep 20166,13441.553.10$19,019
Aug 20166,21641.442.92$18,178
Jul 20166,17941.622.92$18,070
Jun 20166,11245.352.69$16,416
May 20166,47642.521.99$12,894
Apr 20165,50436.561.99$10,959
Mar 20165,51933.011.79$9,901
Feb 20164,93426.472.06$10,182
Jan 20165,55627.352.36$13,136
Dec 20155,51132.362.00$11,030
Nov 20155,35638.792.17$11,608
Oct 20155,68343.552.43$13,790
Sep 20155,33142.992.76$14,705
Aug 20154,60540.162.87$13,228
Jul 20155,78248.152.95$17,028
Jun 20156,19656.152.88$17,862
May 20156,30655.212.96$18,637
Apr 20156,37349.822.71$17,249
Mar 20156,47942.892.93$19,014
Feb 20156,10344.662.98$18,164
Jan 20157,03543.433.10$21,813
Dec 20147,38254.693.59$26,511
Nov 20147,58570.464.25$32,250
Oct 20148,09378.303.90$31,570
Sep 20147,96586.164.05$32,222
Aug 20148,40889.394.04$33,927
Jul 20148,47396.564.18$35,414
Jun 20147,65898.164.74$36,275
May 20148,41394.734.73$39,765
Apr 20147,33695.944.81$35,280
Mar 20148,69895.895.06$43,984
Feb 20148,01597.406.19$49,629
Jan 20149,32890.404.86$45,341
Dec 201310,05591.824.35$43,784
Nov 20139,79488.853.74$36,613
Oct 201310,55897.423.78$39,902
Sep 201311,245104.113.72$41,806
Aug 201311,761104.253.52$41,429
Jul 201312,543102.523.72$46,632
Jun 201313,54894.403.93$53,290
May 201314,65594.834.15$60,805
Apr 201314,92993.964.28$63,935
Mar 201316,24893.623.91$63,576
Feb 201315,39891.233.42$52,660
Jan 201316,49891.603.42$56,422
Dec 201214,64086.773.42$50,071
Nov 201210,99186.953.62$39,842
Oct 20128,29989.383.40$28,214
Sep 20126,09594.672.92$17,788
Aug 201211,35992.662.91$33,034
Jul 201214,07485.133.02$42,515
Jun 201214,51379.822.52$36,559
May 201217,44191.612.49$43,399
Apr 201218,900101.652.00$37,740
Mar 201221,558105.052.22$47,904
Feb 201221,915101.102.57$56,327
Jan 201224,05198.092.73$65,757
Dec 201124,51996.873.24$79,435
Nov 201112,35595.723.31$40,911
Oct 20112,69384.983.65$9,826
Sep 20118,75583.623.99$34,896
Aug 201130,99583.404.15$128,608

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                2,048 Mcf  × $  3.05 =     $6,238

────────────────────────────────────────────────────
Month total                                   $6,238

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/262813 is the state's own key, not one this site invented.