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 263041District 09Field 65280200GasSaveExport
Value, all time
$9.3 M
Oct 2011 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
176
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
GasProduction2,807,308 Mcf$9,280,534
Total$9,280,534

Every month this lease reported (176)

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

176 months

May 20262,542106.413.05$7,743
Apr 20262,25798.932.87$6,477
Mar 20263,24689.753.15$10,223
Feb 20265,39163.503.75$20,218
Jan 20264,75159.138.00$37,998
Dec 20255,41756.664.41$23,907
Nov 20255,80058.593.93$22,773
Oct 20255,41859.383.30$17,906
Sep 20256,19862.743.08$19,071
Aug 20256,64863.933.01$20,042
Jul 20256,52266.743.32$21,622
Jun 20257,00266.483.13$21,907
May 20257,49260.553.23$24,217
Apr 20256,55862.363.54$23,236
Mar 20256,69667.704.27$28,581
Feb 20255,59470.884.34$24,283
Jan 20255,82574.324.28$24,923
Dec 20245,65768.993.12$17,658
Nov 20245,35869.052.20$11,779
Oct 20245,78271.372.28$13,191
Sep 20246,10869.612.36$14,442
Aug 20246,36975.632.06$13,143
Jul 20246,91479.932.15$14,842
Jun 20247,19778.082.63$18,957
May 20246,99978.812.20$15,387
Apr 20246,97284.451.66$11,568
Mar 20246,86880.301.55$10,612
Feb 20247,08876.091.78$12,642
Jan 20247,97173.023.30$26,286
Dec 20236,76971.262.61$17,672
Nov 20236,95277.892.81$19,518
Oct 20237,15585.443.09$22,089
Sep 20237,11389.042.74$19,454
Aug 20237,07580.522.67$18,911
Jul 20237,00174.852.64$18,495
Jun 20236,80668.962.26$15,371
May 20237,38870.622.23$16,456
Apr 20237,08378.122.24$15,850
Mar 20237,61872.852.39$18,231
Feb 20236,85175.112.47$16,892
Jan 20237,67176.533.39$25,987
Dec 20227,85476.415.73$44,996
Nov 20227,62185.005.65$43,030
Oct 20227,73487.185.86$45,350
Sep 20227,34484.888.16$59,954
Aug 20227,59694.529.13$69,330
Jul 20228,223101.587.54$62,019
Jun 20228,334115.097.98$66,482
May 20228,650109.378.43$72,946
Apr 20227,999104.226.84$54,694
Mar 20228,987108.885.08$45,622
Feb 20229,12391.054.86$44,327
Jan 20229,59581.844.54$43,539
Dec 20219,80571.323.90$38,231
Nov 20219,08277.435.24$47,561
Oct 20219,85679.795.71$56,316
Sep 20219,43669.865.35$50,491
Aug 202110,01866.024.22$42,282
Jul 202110,44670.783.98$41,597
Jun 202110,57569.493.38$35,750
May 202110,93063.483.02$32,983
Apr 202110,18060.362.76$28,081
Mar 202111,90861.302.72$32,353
Feb 20219,55557.805.55$53,011
Jan 202110,78750.412.81$30,314
Dec 202011,01244.642.68$29,462
Nov 202010,87438.772.71$29,431
Oct 202011,53836.972.48$28,596
Sep 202010,81137.091.99$21,525
Aug 202011,99439.982.39$28,607
Jul 202012,39638.371.83$22,624
Jun 202012,24134.901.69$20,691
May 202012,45316.921.81$22,599
Apr 202011,00614.751.80$19,859
Mar 202011,50830.341.86$21,361
Feb 202011,08549.881.98$21,956
Jan 202011,92257.252.09$24,973
Dec 201912,29559.012.30$28,332
Nov 201911,92155.302.75$32,791
Oct 201914,00953.472.42$33,881
Sep 201911,71355.052.66$31,125
Aug 20195,95953.112.30$13,732
Jul 20198,86356.272.46$21,804
Jun 201911,18952.782.49$27,874
May 201911,38458.482.74$31,196
Apr 20198,64762.632.75$23,785
Mar 201914,73056.803.06$45,105
Feb 201912,49750.852.79$34,894
Jan 201912,42846.033.23$40,120
Dec 201814,35246.594.19$60,069
Nov 201812,29652.934.24$52,101
Oct 201813,98961.443.40$47,536
Sep 201813,51659.543.11$42,008
Aug 201813,59259.403.07$41,681
Jul 201813,48865.142.93$39,545
Jun 201814,62460.183.08$44,997
May 201814,58765.382.90$42,314
Apr 201815,37263.842.90$44,591
Mar 201815,58961.222.79$43,444
Feb 201813,38361.782.77$37,019
Jan 201814,60662.874.01$58,560
Dec 201715,69957.272.92$45,865
Nov 201714,95355.423.12$46,629
Oct 201715,00449.292.98$44,767
Sep 201713,29447.523.09$41,042
Aug 201714,43945.373.00$43,381
Jul 201713,74443.873.09$42,432
Jun 201713,52842.493.09$41,765
May 201714,01945.373.26$45,750
Apr 201713,70847.933.21$44,025
Mar 201714,29446.772.98$42,649
Feb 201712,02750.452.95$35,511
Jan 201713,27449.413.42$45,381
Dec 201614,10848.763.72$52,522
Nov 201613,99742.492.64$37,013
Oct 201615,04946.193.09$46,505
Sep 201615,66241.553.10$48,562
Aug 201615,83941.442.92$46,319
Jul 201614,93141.622.92$43,663
Jun 201613,58445.352.69$36,484
May 201613,97042.521.99$27,815
Apr 201613,53836.561.99$26,955
Mar 201613,76933.011.79$24,702
Feb 201613,44226.472.06$27,739
Jan 201614,41727.352.36$34,087
Dec 201514,48232.362.00$28,984
Nov 201513,87038.792.17$30,061
Oct 201512,32043.552.43$29,895
Sep 201514,40742.992.76$39,741
Aug 201515,49340.162.87$44,503
Jul 201515,06548.152.95$44,368
Jun 201512,66356.152.88$36,506
May 201513,92255.212.96$41,146
Apr 201513,77749.822.71$37,288
Mar 201514,40642.892.93$42,277
Feb 201513,80744.662.98$41,092
Jan 201515,61643.433.10$48,419
Dec 201415,81054.693.59$56,779
Nov 201415,65570.464.25$66,563
Oct 201417,03678.303.90$66,457
Sep 201416,23286.164.05$65,666
Aug 201417,31689.394.04$69,872
Jul 201417,85496.564.18$74,623
Jun 201417,96598.164.74$85,098
May 201418,67194.734.73$88,250
Apr 201418,60095.944.81$89,450
Mar 201421,45195.895.06$108,473
Feb 201422,62097.406.19$140,063
Jan 201426,88290.404.86$130,666
Dec 201329,50791.824.35$128,488
Nov 201327,71288.853.74$103,595
Oct 201329,32097.423.78$110,811
Sep 201329,901104.113.72$111,164
Aug 201331,650104.253.52$111,491
Jul 201332,249102.523.72$119,893
Jun 201332,43094.403.93$127,560
May 201334,89294.834.15$144,770
Apr 201336,82693.964.28$157,711
Mar 201332,59793.623.91$127,548
Feb 20136,17891.233.42$21,128
Jan 201342,54891.603.42$145,510
Dec 201246,00286.773.42$157,334
Nov 201246,83986.953.62$169,790
Oct 201248,61789.383.40$165,282
Sep 201238,12394.672.92$111,258
Aug 201246,07892.662.91$134,002
Jul 201248,24385.133.02$145,732
Jun 201247,72779.822.52$120,226
May 201251,59791.612.49$128,390
Apr 201254,465101.652.00$108,756
Mar 201259,837105.052.22$132,963
Feb 201226,350101.102.57$67,726
Jan 201273,73098.092.73$201,584
Dec 201185,79796.873.24$277,960
Nov 2011103,53395.723.31$342,827
Oct 20114,72284.983.65$17,228

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                2,542 Mcf  × $  3.05 =     $7,743

────────────────────────────────────────────────────
Month total                                   $7,743

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/263041 is the state's own key, not one this site invented.