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 262890District 09Field 65280200GasSaveExport
Value, all time
$6.3 M
Aug 2011 – May 2026
Value, last 12 filed months
$202 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
GasProduction1,881,758 Mcf$6,257,347
Total$6,257,347

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 20264,381106.413.05$13,344
Apr 20264,18998.932.87$12,021
Mar 20264,48889.753.15$14,135
Feb 20264,13663.503.75$15,511
Jan 20264,56259.138.00$36,487
Dec 20254,52956.664.41$19,988
Nov 20254,29958.593.93$16,880
Oct 20254,61459.383.30$15,249
Sep 20254,47162.743.08$13,757
Aug 20254,66163.933.01$14,052
Jul 20254,61766.743.32$15,306
Jun 20254,83566.483.13$15,127
May 20254,62360.553.23$14,943
Apr 20254,32562.363.54$15,324
Mar 20254,65967.704.27$19,886
Feb 20254,05070.884.34$17,580
Jan 20254,07574.324.28$17,436
Dec 20245,06568.993.12$15,810
Nov 20244,55969.052.20$10,023
Oct 20245,39771.372.28$12,313
Sep 20243,31069.612.36$7,826
Aug 20243,76375.632.06$7,765
Jul 20245,01279.932.15$10,759
Jun 20243,72378.082.63$9,806
May 20245,01878.812.20$11,032
Apr 20244,94384.451.66$8,201
Mar 20244,97380.301.55$7,684
Feb 20244,50876.091.78$8,041
Jan 20245,35073.023.30$17,642
Dec 20234,96171.262.61$12,952
Nov 20233,59977.892.81$10,104
Oct 20234,42585.443.09$13,661
Sep 20233,83689.042.74$10,492
Aug 20234,57280.522.67$12,220
Jul 20234,97374.852.64$13,138
Jun 20234,95568.962.26$11,191
May 20234,06970.622.23$9,063
Apr 20234,40778.122.24$9,862
Mar 20234,96372.852.39$11,877
Feb 20234,80675.112.47$11,850
Jan 20235,50376.533.39$18,643
Dec 20225,47876.415.73$31,384
Nov 20224,58585.005.65$25,888
Oct 20225,44787.185.86$31,940
Sep 20225,37484.888.16$43,872
Aug 20225,50694.529.13$50,254
Jul 20225,231101.587.54$39,453
Jun 20224,987115.097.98$39,782
May 20224,301109.378.43$36,271
Apr 20222,758104.226.84$18,858
Mar 20225,999108.885.08$30,453
Feb 20225,98791.054.86$29,090
Jan 20226,13081.844.54$27,816
Dec 20217,04171.323.90$27,454
Nov 20216,05777.435.24$31,720
Oct 20216,22979.795.71$35,592
Sep 20216,49769.865.35$34,765
Aug 20218,99066.024.22$37,943
Jul 20215,95870.783.98$23,725
Jun 20217,47569.493.38$25,270
May 20216,42863.483.02$19,398
Apr 20217,40060.362.76$20,412
Mar 20216,76961.302.72$18,391
Feb 20214,77357.805.55$26,480
Jan 20216,87250.412.81$19,312
Dec 20206,24444.642.68$16,706
Nov 20205,82638.772.71$15,768
Oct 202011,03636.972.48$27,352
Sep 202012,31437.091.99$24,518
Aug 20207,45939.982.39$17,790
Jul 20206,05138.371.83$11,044
Jun 20205,62034.901.69$9,500
May 20206,19816.921.81$11,248
Apr 20207,58814.751.80$13,692
Mar 20207,45330.341.86$13,834
Feb 20206,84049.881.98$13,548
Jan 20208,08057.252.09$16,926
Dec 20198,48759.012.30$19,557
Nov 20197,84655.302.75$21,582
Oct 20191,32253.472.42$3,197
Sep 20194,73755.052.66$12,588
Aug 20195,69453.112.30$13,121
Jul 20197,87456.272.46$19,371
Jun 20198,06952.782.49$20,101
May 20196,33658.482.74$17,363
Apr 20196,25762.632.75$17,211
Mar 20196,87656.803.06$21,055
Feb 20195,88350.852.79$16,427
Jan 20196,00146.033.23$19,372
Dec 20185,94046.594.19$24,862
Nov 20185,81852.934.24$24,652
Oct 20185,73361.443.40$19,481
Sep 20185,63059.543.11$17,498
Aug 20185,67459.403.07$17,400
Jul 20185,24265.142.93$15,369
Jun 20185,56360.183.08$17,117
May 20187,46165.382.90$21,643
Apr 20185,71063.842.90$16,564
Mar 20187,23661.222.79$20,166
Feb 20187,05861.782.77$19,523
Jan 201810,94162.874.01$43,866
Dec 20177,64457.272.92$22,332
Nov 20179,12555.423.12$28,455
Oct 201710,01049.292.98$29,867
Sep 20179,91647.523.09$30,613
Aug 20179,38945.373.00$28,208
Jul 201710,83143.873.09$33,438
Jun 201710,53142.493.09$32,512
May 201710,70345.373.26$34,928
Apr 20179,65547.933.21$31,008
Mar 201710,51346.772.98$31,367
Feb 20178,54750.452.95$25,236
Jan 201711,50049.413.42$39,316
Dec 201611,20448.763.72$41,711
Nov 20169,39642.492.64$24,846
Oct 201610,38946.193.09$32,105
Sep 201610,41241.553.10$32,284
Aug 201611,01341.442.92$32,206
Jul 201611,38941.622.92$33,305
Jun 201612,33345.352.69$33,124
May 201610,72042.521.99$21,344
Apr 201614,40936.561.99$28,689
Mar 201613,06233.011.79$23,433
Feb 201611,70526.472.06$24,155
Jan 201610,58127.352.36$25,017
Dec 201510,77832.362.00$21,571
Nov 201512,99038.792.17$28,154
Oct 201511,20443.552.43$27,187
Sep 201511,08642.992.76$30,580
Aug 201511,78840.162.87$33,861
Jul 201511,96548.152.95$35,238
Jun 201511,65356.152.88$33,594
May 201512,72055.212.96$37,593
Apr 201512,84149.822.71$34,755
Mar 201512,73642.892.93$37,376
Feb 201512,18644.662.98$36,268
Jan 201513,72043.433.10$42,541
Dec 201414,23154.693.59$51,109
Nov 201414,15470.464.25$60,181
Oct 201415,28478.303.90$59,622
Sep 201414,95286.164.05$60,487
Aug 201415,87389.394.04$64,049
Jul 201416,09196.564.18$67,254
Jun 201416,07398.164.74$76,136
May 201416,88394.734.73$79,799
Apr 201416,91495.944.81$81,341
Mar 201418,20995.895.06$92,079
Feb 201416,70097.406.19$103,406
Jan 201418,85490.404.86$91,644
Dec 201319,14091.824.35$83,345
Nov 201318,23488.853.74$68,164
Oct 201319,59097.423.78$74,038
Sep 201320,239104.113.72$75,243
Aug 201322,026104.253.52$77,589
Jul 201323,343102.523.72$86,783
Jun 201323,72394.403.93$93,312
May 201326,32094.834.15$109,204
Apr 201327,99393.964.28$119,883
Mar 201333,10593.623.91$129,536
Feb 20138,80991.233.42$30,126
Jan 20132291.603.42$75
Dec 201211386.773.42$386
Nov 201219586.953.62$707
Oct 201217589.383.40$595
Sep 201215,83394.672.92$46,207
Aug 201221,90592.662.91$63,703
Jul 201226,54785.133.02$80,193
Jun 201227,58279.822.52$69,480
May 201231,54691.612.49$78,497
Apr 201231,710101.652.00$63,319
Mar 201236,887105.052.22$81,966
Feb 201244,211101.102.57$113,633
Jan 201252,18698.092.73$142,681
Dec 201158,18696.873.24$188,508
Nov 201165,55895.723.31$217,081
Oct 201146,23784.983.65$168,698
Sep 2011083.623.99$0
Aug 201112,90883.404.15$53,559

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                4,381 Mcf  × $  3.05 =    $13,344

────────────────────────────────────────────────────
Month total                                  $13,344

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/262890 is the state's own key, not one this site invented.