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 263042District 09Field 65280200GasSaveExport
Value, all time
$7.2 M
May 2011 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
181
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
GasProduction2,164,149 Mcf$7,169,295
Total$7,169,295

Every month this lease reported (181)

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

181 months

May 20265,716106.413.05$17,410
Apr 20264,24698.932.87$12,185
Mar 20265,61189.753.15$17,672
Feb 20264,44363.503.75$16,663
Jan 20262,32859.138.00$18,619
Dec 20252,74456.664.41$12,110
Nov 20252,87458.593.93$11,285
Oct 20252,83059.383.30$9,353
Sep 20252,87662.743.08$8,849
Aug 20252,46263.933.01$7,422
Jul 20251,55666.743.32$5,158
Jun 20251,87866.483.13$5,876
May 20251,85360.553.23$5,989
Apr 20251,76662.363.54$6,257
Mar 20253,63467.704.27$15,511
Feb 20253,18870.884.34$13,839
Jan 20254,13974.324.28$17,709
Dec 20244,63068.993.12$14,452
Nov 20244,49969.052.20$9,891
Oct 20244,85971.372.28$11,085
Sep 20244,81969.612.36$11,394
Aug 20244,40375.632.06$9,086
Jul 20244,19479.932.15$9,003
Jun 20243,28778.082.63$8,658
May 20244,84478.812.20$10,649
Apr 20244,41684.451.66$7,327
Mar 20244,82980.301.55$7,461
Feb 20243,77776.091.78$6,737
Jan 20243,16973.023.30$10,450
Dec 20236,05371.262.61$15,803
Nov 20235,61277.892.81$15,756
Oct 20235,95385.443.09$18,379
Sep 20235,55889.042.74$15,201
Aug 20235,74480.522.67$15,353
Jul 20236,14274.852.64$16,226
Jun 20235,97168.962.26$13,485
May 20235,78870.622.23$12,892
Apr 20236,10078.122.24$13,650
Mar 20236,03472.852.39$14,440
Feb 20235,20575.112.47$12,834
Jan 20236,57676.533.39$22,278
Dec 20225,49376.415.73$31,470
Nov 20226,49885.005.65$36,689
Oct 20227,04687.185.86$41,316
Sep 20226,14784.888.16$50,182
Aug 20226,41094.529.13$58,505
Jul 20225,464101.587.54$41,210
Jun 20225,965115.097.98$47,584
May 20225,292109.378.43$44,628
Apr 20224,409104.226.84$30,147
Mar 20225,272108.885.08$26,763
Feb 20224,09691.054.86$19,902
Jan 20224,61081.844.54$20,919
Dec 20215,28071.323.90$20,587
Nov 20213,50377.435.24$18,345
Oct 20214,70079.795.71$26,855
Sep 20215,61069.865.35$30,019
Aug 20215,39466.024.22$22,766
Jul 20215,66070.783.98$22,539
Jun 20214,58169.493.38$15,487
May 20215,28863.483.02$15,957
Apr 20216,10760.362.76$16,846
Mar 20215,72061.302.72$15,541
Feb 202193157.805.55$5,165
Jan 20214,59850.412.81$12,922
Dec 20204,59344.642.68$12,288
Nov 20204,03138.772.71$10,910
Oct 20205,30536.972.48$13,148
Sep 20205,78037.091.99$11,508
Aug 20205,74539.982.39$13,702
Jul 20203,45538.371.83$6,306
Jun 202060034.901.69$1,014
May 20203,11516.921.81$5,653
Apr 20205,51614.751.80$9,953
Mar 20205,13930.341.86$9,539
Feb 20204,87249.881.98$9,650
Jan 20204,78157.252.09$10,015
Dec 20194,84159.012.30$11,155
Nov 20194,88655.302.75$13,440
Oct 20192,67653.472.42$6,472
Sep 20195,00255.052.66$13,292
Aug 201912,19553.112.30$28,102
Jul 201911,22756.272.46$27,619
Jun 201911,90352.782.49$29,653
May 201914,04758.482.74$38,493
Apr 201911,12062.632.75$30,588
Mar 20194,85256.803.06$14,857
Feb 20194,33950.852.79$12,115
Jan 20197,06146.033.23$22,794
Dec 20189,24146.594.19$38,678
Nov 20188,48252.934.24$35,940
Oct 20186,80261.443.40$23,114
Sep 20185,01459.543.11$15,584
Aug 201810,30159.403.07$31,589
Jul 20189,77565.142.93$28,659
Jun 20188,68760.183.08$26,729
May 20188,77165.382.90$25,443
Apr 20188,08063.842.90$23,438
Mar 20186,79561.222.79$18,937
Feb 20187,51061.782.77$20,774
Jan 20186,48362.874.01$25,992
Dec 20178,20957.272.92$23,983
Nov 20176,15755.423.12$19,200
Oct 201710,44849.292.98$31,173
Sep 20174,55247.523.09$14,053
Aug 20174,71445.373.00$14,163
Jul 20177,31343.873.09$22,577
Jun 20178,64542.493.09$26,690
May 20179,06045.373.26$29,566
Apr 20178,89747.933.21$28,574
Mar 20179,54146.772.98$28,467
Feb 20179,20950.452.95$27,190
Jan 201710,58249.413.42$36,178
Dec 201610,67448.763.72$39,737
Nov 201610,34942.492.64$27,366
Oct 201610,97046.193.09$33,900
Sep 201610,92141.553.10$33,862
Aug 201611,73741.442.92$34,323
Jul 201612,08241.622.92$35,332
Jun 201612,06245.352.69$32,396
May 201612,49442.521.99$24,876
Apr 201612,16536.561.99$24,221
Mar 201611,97033.011.79$21,474
Feb 201611,53126.472.06$23,796
Jan 201612,48027.352.36$29,507
Dec 201512,91432.362.00$25,846
Nov 201513,16338.792.17$28,529
Oct 201513,75143.552.43$33,368
Sep 201513,55442.992.76$37,388
Aug 201514,46440.162.87$41,548
Jul 201514,74848.152.95$43,434
Jun 201514,68056.152.88$42,320
May 201516,10055.212.96$47,583
Apr 201516,24249.822.71$43,960
Mar 201517,28742.892.93$50,732
Feb 201515,67544.662.98$46,652
Jan 201518,67443.433.10$57,901
Dec 201418,44154.693.59$66,228
Nov 201418,50170.464.25$78,663
Oct 201419,02278.303.90$74,204
Sep 201418,76186.164.05$75,897
Aug 201420,34889.394.04$82,107
Jul 201420,49496.564.18$85,657
Jun 201420,28798.164.74$96,097
May 201422,51694.734.73$106,423
Apr 201422,45295.944.81$107,974
Mar 201424,82995.895.06$125,555
Feb 201422,12497.406.19$136,992
Jan 201424,64990.404.86$119,812
Dec 201322,73591.824.35$98,999
Nov 201325,15188.853.74$94,021
Oct 201327,35697.423.78$103,388
Sep 201327,964104.113.72$103,963
Aug 201330,171104.253.52$106,281
Jul 201332,558102.523.72$121,042
Jun 201335,15894.403.93$138,291
May 201337,98294.834.15$157,590
Apr 201339,51593.964.28$169,227
Mar 201345,04793.623.91$176,263
Feb 201322,41491.233.42$76,654
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 201223,09092.662.91$67,149
Jul 201242,88585.133.02$129,547
Jun 201246,62379.822.52$117,445
May 201252,62891.612.49$130,955
Apr 201259,009101.652.00$117,829
Mar 201264,325105.052.22$142,935
Feb 201267,220101.102.57$172,772
Jan 201272,92298.092.73$199,375
Dec 201185,44896.873.24$276,829
Nov 201189,80895.723.31$297,379
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0

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                5,716 Mcf  × $  3.05 =    $17,410

────────────────────────────────────────────────────
Month total                                  $17,410

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/263042 is the state's own key, not one this site invented.