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 262897District 09Field 65280200GasSaveExport
Value, all time
$7.7 M
Aug 2011 – May 2026
Value, last 12 filed months
$175 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
GasProduction2,344,673 Mcf$7,722,833
Total$7,722,833

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 20263,800106.413.05$11,574
Apr 20263,74598.932.87$10,747
Mar 20263,97289.753.15$12,510
Feb 20263,37863.503.75$12,669
Jan 20263,67859.138.00$29,416
Dec 20253,97256.664.41$17,530
Nov 20253,72558.593.93$14,626
Oct 20254,17859.383.30$13,808
Sep 20254,12262.743.08$12,683
Aug 20254,41663.933.01$13,313
Jul 20254,03666.743.32$13,380
Jun 20254,16566.483.13$13,031
May 20253,05160.553.23$9,862
Apr 20253,55262.363.54$12,585
Mar 20254,23567.704.27$18,076
Feb 20253,54970.884.34$15,406
Jan 20254,46374.324.28$19,096
Dec 20244,92568.993.12$15,373
Nov 20244,45869.052.20$9,801
Oct 20245,27271.372.28$12,028
Sep 20244,49269.612.36$10,621
Aug 20244,44675.632.06$9,175
Jul 20245,52479.932.15$11,858
Jun 20244,97178.082.63$13,094
May 20244,94278.812.20$10,865
Apr 20244,69684.451.66$7,792
Mar 20245,41580.301.55$8,367
Feb 20244,98776.091.78$8,895
Jan 20245,09673.023.30$16,805
Dec 20235,40971.262.61$14,121
Nov 20235,33677.892.81$14,981
Oct 20235,57285.443.09$17,202
Sep 20234,78689.042.74$13,090
Aug 20234,59380.522.67$12,277
Jul 20236,13474.852.64$16,205
Jun 20235,09568.962.26$11,507
May 20234,48770.622.23$9,994
Apr 20235,36378.122.24$12,001
Mar 20235,98072.852.39$14,311
Feb 20235,72975.112.47$14,126
Jan 20236,01676.533.39$20,381
Dec 20226,09076.415.73$34,890
Nov 20226,22585.005.65$35,148
Oct 20227,43787.185.86$43,609
Sep 20227,26284.888.16$59,285
Aug 20227,31894.529.13$66,793
Jul 20226,971101.587.54$52,576
Jun 20225,951115.097.98$47,472
May 20226,161109.378.43$51,956
Apr 20224,926104.226.84$33,682
Mar 20226,352108.885.08$32,245
Feb 20222,00191.054.86$9,723
Jan 20225,33981.844.54$24,227
Dec 20216,16671.323.90$24,042
Nov 20216,66477.435.24$34,898
Oct 20217,25179.795.71$41,431
Sep 20216,61569.865.35$35,396
Aug 20217,47866.024.22$31,562
Jul 20219,31970.783.98$37,109
Jun 202115369.493.38$517
May 20212,95263.483.02$8,908
Apr 20214,80860.362.76$13,262
Mar 20214,33061.302.72$11,764
Feb 20214,23057.805.55$23,468
Jan 20216,09650.412.81$17,131
Dec 20206,04444.642.68$16,170
Nov 20205,63938.772.71$15,262
Oct 20205,31536.972.48$13,173
Sep 20205,20737.091.99$10,367
Aug 20208,70339.982.39$20,758
Jul 20208,98238.371.83$16,393
Jun 20208,65434.901.69$14,628
May 20209,42016.921.81$17,095
Apr 20208,78914.751.80$15,859
Mar 20209,49130.341.86$17,617
Feb 20209,11149.881.98$18,046
Jan 20209,94757.252.09$20,836
Dec 20199,99759.012.30$23,037
Nov 201911,23655.302.75$30,907
Oct 201912,55953.472.42$30,374
Sep 201912,08255.052.66$32,105
Aug 201912,48253.112.30$28,763
Jul 201911,69156.272.46$28,761
Jun 20195,36952.782.49$13,375
May 20193258.482.74$88
Apr 20191,15062.632.75$3,163
Mar 20193,01356.803.06$9,226
Feb 20193,74450.852.79$10,454
Jan 20194,71546.033.23$15,221
Dec 20185,66446.594.19$23,706
Nov 20185,93752.934.24$25,156
Oct 20186,79761.443.40$23,097
Sep 20189,44559.543.11$29,355
Aug 20189,18759.403.07$28,172
Jul 20187,85165.142.93$23,018
Jun 20188,88860.183.08$27,348
May 20188,21165.382.90$23,818
Apr 20187,30463.842.90$21,187
Mar 20187,99561.222.79$22,281
Feb 20188,12661.782.77$22,477
Jan 20189,28662.874.01$37,231
Dec 20179,73557.272.92$28,441
Nov 20179,81455.423.12$30,604
Oct 201710,00349.292.98$29,846
Sep 201710,03747.523.09$30,987
Aug 201710,41245.373.00$31,282
Jul 201711,51943.873.09$35,562
Jun 20179,69542.493.09$29,931
May 20179,79245.373.26$31,955
Apr 20179,72847.933.21$31,242
Mar 201710,26646.772.98$30,630
Feb 201710,32250.452.95$30,477
Jan 201711,06749.413.42$37,836
Dec 201611,34548.763.72$42,236
Nov 201610,85642.492.64$28,707
Oct 201611,54746.193.09$35,683
Sep 201611,67141.553.10$36,187
Aug 201612,13341.442.92$35,481
Jul 201612,02641.622.92$35,168
Jun 201611,44745.352.69$30,745
May 201612,09042.521.99$24,072
Apr 201612,04036.561.99$23,972
Mar 201613,18233.011.79$23,649
Feb 201611,43826.472.06$23,604
Jan 201612,75627.352.36$30,160
Dec 201513,44732.362.00$26,913
Nov 201513,81538.792.17$29,942
Oct 201514,62743.552.43$35,494
Sep 201513,94242.992.76$38,458
Aug 201514,57340.162.87$41,861
Jul 201515,43848.152.95$45,466
Jun 201514,89656.152.88$42,943
May 201516,08555.212.96$47,538
Apr 201515,65549.822.71$42,371
Mar 201516,22742.892.93$47,622
Feb 201514,08444.662.98$41,917
Jan 201514,07843.433.10$43,651
Dec 201415,64654.693.59$56,190
Nov 201415,42170.464.25$65,568
Oct 201413,58578.303.90$52,995
Sep 201415,75986.164.05$63,752
Aug 201416,82189.394.04$67,875
Jul 201418,04096.564.18$75,400
Jun 201417,08598.164.74$80,930
May 201418,75894.734.73$88,661
Apr 201418,80795.944.81$90,445
Mar 201420,00295.895.06$101,146
Feb 201418,60997.406.19$115,227
Jan 201421,17190.404.86$102,906
Dec 201322,11691.824.35$96,304
Nov 201322,31388.853.74$83,412
Oct 201324,12197.423.78$91,162
Sep 201323,946104.113.72$89,025
Aug 201325,793104.253.52$90,859
Jul 201326,271102.523.72$97,669
Jun 201326,76894.403.93$105,290
May 201329,25994.834.15$121,398
Apr 201329,68893.964.28$127,142
Mar 201333,57093.623.91$131,355
Feb 201337,30191.233.42$127,566
Jan 201337,07091.603.42$126,776
Dec 201238,64186.773.42$132,158
Nov 201239,48486.953.62$143,128
Oct 201242,90089.383.40$145,846
Sep 201242,40794.672.92$123,761
Aug 201239,33492.662.91$114,390
Jul 201242,39785.133.02$128,073
Jun 201242,92679.822.52$108,132
May 201246,49491.612.49$115,692
Apr 201248,948101.652.00$97,739
Mar 201255,034105.052.22$122,290
Feb 201259,286101.102.57$152,379
Jan 201263,53898.092.73$173,718
Dec 201171,95196.873.24$233,103
Nov 201183,80095.723.31$277,485
Oct 201127,81984.983.65$101,499
Sep 2011083.623.99$0
Aug 20114,08783.404.15$16,958

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                3,800 Mcf  × $  3.05 =    $11,574

────────────────────────────────────────────────────
Month total                                  $11,574

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/262897 is the state's own key, not one this site invented.