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 262863District 09Field 65280200GasSaveExport
Value, all time
$6.9 M
Aug 2011 – May 2026
Value, last 12 filed months
$137 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
GasProduction2,078,077 Mcf$6,941,819
Total$6,941,819

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 20262,998106.413.05$9,131
Apr 20262,81898.932.87$8,087
Mar 20263,08189.753.15$9,703
Feb 20262,89163.503.75$10,842
Jan 20262,96659.138.00$23,722
Dec 20253,08156.664.41$13,598
Nov 20252,99258.593.93$11,748
Oct 20253,15259.383.30$10,417
Sep 20252,94362.743.08$9,055
Aug 20253,13963.933.01$9,463
Jul 20253,04866.743.32$10,105
Jun 20253,49866.483.13$10,944
May 20253,07260.553.23$9,930
Apr 20253,74562.363.54$13,269
Mar 20253,95167.704.27$16,864
Feb 20253,63970.884.34$15,796
Jan 20254,03474.324.28$17,260
Dec 20244,09468.993.12$12,779
Nov 20243,93769.052.20$8,655
Oct 20243,87971.372.28$8,850
Sep 20244,40069.612.36$10,403
Aug 20244,48575.632.06$9,255
Jul 20244,78479.932.15$10,269
Jun 20244,39078.082.63$11,563
May 20244,01578.812.20$8,827
Apr 20244,09184.451.66$6,788
Mar 20244,53580.301.55$7,007
Feb 20244,09976.091.78$7,311
Jan 20244,26173.023.30$14,051
Dec 20234,36471.262.61$11,393
Nov 20234,58277.892.81$12,864
Oct 20234,83985.443.09$14,939
Sep 20234,60489.042.74$12,592
Aug 20234,52280.522.67$12,087
Jul 20235,18774.852.64$13,703
Jun 20235,20068.962.26$11,744
May 20235,49170.622.23$12,231
Apr 20234,84378.122.24$10,837
Mar 20234,87872.852.39$11,674
Feb 20235,06975.112.47$12,499
Jan 20235,61776.533.39$19,029
Dec 20225,37376.415.73$30,782
Nov 20224,94185.005.65$27,898
Oct 20225,93587.185.86$34,801
Sep 20225,68184.888.16$46,378
Aug 20226,07094.529.13$55,402
Jul 20225,920101.587.54$44,649
Jun 20225,879115.097.98$46,898
May 20226,278109.378.43$52,943
Apr 20225,966104.226.84$40,793
Mar 20226,366108.885.08$32,316
Feb 20225,48791.054.86$26,660
Jan 20225,98081.844.54$27,135
Dec 20214,36371.323.90$17,012
Nov 20215,57577.435.24$29,195
Oct 20215,65779.795.71$32,323
Sep 20215,58869.865.35$29,901
Aug 20211,84966.024.22$7,804
Jul 2021070.783.98$0
Jun 20213,37369.493.38$11,403
May 20212,08963.483.02$6,304
Apr 20211,63860.362.76$4,518
Mar 20211,28061.302.72$3,478
Feb 20214,79957.805.55$26,625
Jan 20213,55850.412.81$9,999
Dec 20204,29744.642.68$11,496
Nov 20205,03738.772.71$13,633
Oct 202065736.972.48$1,628
Sep 2020037.091.99$0
Aug 20202,66139.982.39$6,347
Jul 20207,76738.371.83$14,176
Jun 20206,66834.901.69$11,271
May 20206,27316.921.81$11,384
Apr 20206,09914.751.80$11,005
Mar 20205,45730.341.86$10,129
Feb 20207,58949.881.98$15,031
Jan 20206,70157.252.09$14,037
Dec 20196,16059.012.30$14,195
Nov 20198,45055.302.75$23,243
Oct 20199,06253.472.42$21,917
Sep 20198,09955.052.66$21,521
Aug 20197,08553.112.30$16,326
Jul 20196,42556.272.46$15,806
Jun 20198,32552.782.49$20,739
May 20198,92758.482.74$24,463
Apr 20198,12462.632.75$22,347
Mar 20198,53456.803.06$26,132
Feb 20196,75250.852.79$18,853
Jan 20197,82146.033.23$25,248
Dec 20188,41346.594.19$35,212
Nov 20188,87152.934.24$37,589
Oct 201810,10161.443.40$34,324
Sep 20187,28859.543.11$22,651
Aug 20188,32159.403.07$25,517
Jul 20189,26765.142.93$27,170
Jun 201810,52760.183.08$32,391
May 20188,48965.382.90$24,625
Apr 201811,75263.842.90$34,090
Mar 20189,13861.222.79$25,466
Feb 20188,23261.782.77$22,771
Jan 201810,57862.874.01$42,411
Dec 201711,27557.272.92$32,940
Nov 20179,66855.423.12$30,148
Oct 20179,60549.292.98$28,658
Sep 20179,40447.523.09$29,033
Aug 201710,04245.373.00$30,170
Jul 201711,45143.873.09$35,352
Jun 20179,37842.493.09$28,953
May 20179,65045.373.26$31,492
Apr 20179,86147.933.21$31,670
Mar 201710,32646.772.98$30,809
Feb 20179,86750.452.95$29,133
Jan 201711,45849.413.42$39,173
Dec 201612,35248.763.72$45,984
Nov 201612,20742.492.64$32,280
Oct 201612,30646.193.09$38,029
Sep 201611,98341.553.10$37,155
Aug 201613,61441.442.92$39,812
Jul 201612,19641.622.92$35,665
Jun 201612,09345.352.69$32,480
May 201611,21542.521.99$22,330
Apr 20167,18036.561.99$14,296
Mar 20163,23633.011.79$5,805
Feb 20167,85926.472.06$16,218
Jan 20168,93627.352.36$21,128
Dec 20159,79632.362.00$19,606
Nov 20159,29138.792.17$20,137
Oct 201510,53743.552.43$25,569
Sep 201510,88842.992.76$30,034
Aug 201511,26240.162.87$32,350
Jul 201511,19948.152.95$32,982
Jun 201511,10956.152.88$32,026
May 201512,20855.212.96$36,080
Apr 201511,93049.822.71$32,289
Mar 201512,61642.892.93$37,024
Feb 201511,63144.662.98$34,616
Jan 201513,22643.433.10$41,009
Dec 201413,59354.693.59$48,817
Nov 201413,48170.464.25$57,319
Oct 201414,45478.303.90$56,384
Sep 201414,36186.164.05$58,097
Aug 201415,26389.394.04$61,588
Jul 201415,44696.564.18$64,558
Jun 201415,25798.164.74$72,271
May 201416,15794.734.73$76,367
Apr 201416,26195.944.81$78,201
Mar 201417,57795.895.06$88,883
Feb 201416,40197.406.19$101,555
Jan 201417,96390.404.86$87,313
Dec 201316,87591.824.35$73,482
Nov 201317,51888.853.74$65,487
Oct 201318,77097.423.78$70,939
Sep 201318,532104.113.72$68,897
Aug 201319,770104.253.52$69,642
Jul 201321,073102.523.72$78,344
Jun 201320,93394.403.93$82,338
May 201322,66594.834.15$94,039
Apr 201323,95293.964.28$102,577
Mar 201325,93293.623.91$101,469
Feb 201324,88291.233.42$85,094
Jan 201330,36791.603.42$103,852
Dec 201232,30886.773.42$110,499
Nov 201232,86186.953.62$119,120
Oct 201235,11789.383.40$119,387
Sep 201232,68594.672.92$95,388
Aug 201233,24092.662.91$96,667
Jul 201236,40385.133.02$109,966
Jun 201235,82879.822.52$90,252
May 201239,39691.612.49$98,030
Apr 201241,949101.652.00$83,764
Mar 201245,940105.052.22$102,082
Feb 201246,401101.102.57$119,262
Jan 201255,19298.092.73$150,899
Dec 201161,33896.873.24$198,719
Nov 201169,56295.723.31$230,339
Oct 201186,93084.983.65$317,168
Sep 2011083.623.99$0
Aug 201123,78383.404.15$98,683

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                2,998 Mcf  × $  3.05 =     $9,131

────────────────────────────────────────────────────
Month total                                   $9,131

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/262863 is the state's own key, not one this site invented.