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 263043District 09Field 65280200GasSaveExport
Value, all time
$6.8 M
May 2011 – May 2026
Value, last 12 filed months
$119 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
GasProduction2,067,851 Mcf$6,803,101
Total$6,803,101

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 20262,386106.413.05$7,267
Apr 20262,15198.932.87$6,173
Mar 20262,43189.753.15$7,656
Feb 20262,54063.503.75$9,526
Jan 20262,77359.138.00$22,178
Dec 20252,85456.664.41$12,596
Nov 20252,80258.593.93$11,002
Oct 20252,90459.383.30$9,597
Sep 20252,80462.743.08$8,628
Aug 20252,74563.933.01$8,276
Jul 20252,28266.743.32$7,565
Jun 20252,63766.483.13$8,250
May 20253,24560.553.23$10,489
Apr 20253,08162.363.54$10,916
Mar 20253,30567.704.27$14,107
Feb 20253,07570.884.34$13,348
Jan 20253,46574.324.28$14,826
Dec 20243,56668.993.12$11,131
Nov 20243,41769.052.20$7,512
Oct 20243,54071.372.28$8,076
Sep 20243,50469.612.36$8,285
Aug 20243,45075.632.06$7,120
Jul 20243,63579.932.15$7,803
Jun 20244,03678.082.63$10,631
May 20244,64378.812.20$10,207
Apr 20243,53884.451.66$5,870
Mar 20243,70080.301.55$5,717
Feb 20243,75776.091.78$6,701
Jan 20244,28973.023.30$14,144
Dec 20234,53371.262.61$11,834
Nov 20234,79877.892.81$13,471
Oct 20234,71185.443.09$14,544
Sep 20235,35589.042.74$14,646
Aug 20234,08280.522.67$10,911
Jul 20233,93974.852.64$10,406
Jun 20233,78968.962.26$8,557
May 20234,10670.622.23$9,146
Apr 20234,14078.122.24$9,264
Mar 20235,36172.852.39$12,830
Feb 20234,25175.112.47$10,482
Jan 20234,48076.533.39$15,177
Dec 20225,46576.415.73$31,309
Nov 20225,98585.005.65$33,793
Oct 20226,44087.185.86$37,763
Sep 20226,11484.888.16$49,913
Aug 20226,09594.529.13$55,630
Jul 20225,996101.587.54$45,222
Jun 20226,170115.097.98$49,219
May 20226,198109.378.43$52,268
Apr 20225,666104.226.84$38,742
Mar 20226,407108.885.08$32,524
Feb 20225,58691.054.86$27,141
Jan 20226,52381.844.54$29,599
Dec 20216,23771.323.90$24,319
Nov 20216,11377.435.24$32,013
Oct 20216,46179.795.71$36,917
Sep 20215,82269.865.35$31,153
Aug 20216,44966.024.22$27,219
Jul 20216,93670.783.98$27,620
Jun 20216,65769.493.38$22,505
May 20217,08263.483.02$21,371
Apr 20217,08360.362.76$19,538
Mar 20217,32361.302.72$19,896
Feb 20216,98257.805.55$38,736
Jan 20218,17950.412.81$22,985
Dec 20208,38244.642.68$22,426
Nov 20207,72238.772.71$20,900
Oct 20208,76636.972.48$21,726
Sep 20208,32737.091.99$16,579
Aug 20206,44039.982.39$15,360
Jul 20206,76038.371.83$12,338
Jun 20205,94634.901.69$10,051
May 20206,45216.921.81$11,709
Apr 20206,06714.751.80$10,947
Mar 20206,37130.341.86$11,826
Feb 20207,11949.881.98$14,100
Jan 20207,56957.252.09$15,855
Dec 20198,30259.012.30$19,131
Nov 20198,38555.302.75$23,065
Oct 20199,04253.472.42$21,868
Sep 20198,59055.052.66$22,826
Aug 20197,62353.112.30$17,566
Jul 20197,72956.272.46$19,014
Jun 20199,35552.782.49$23,305
May 20199,55658.482.74$26,187
Apr 20198,82762.632.75$24,280
Mar 20199,00756.803.06$27,580
Feb 20197,68550.852.79$21,458
Jan 20198,59246.033.23$27,737
Dec 20188,49746.594.19$35,564
Nov 20188,41352.934.24$35,648
Oct 20188,71761.443.40$29,621
Sep 20188,99959.543.11$27,969
Aug 20188,90059.403.07$27,292
Jul 20188,89965.142.93$26,091
Jun 20188,96060.183.08$27,569
May 20188,84365.382.90$25,652
Apr 20188,83163.842.90$25,617
Mar 20189,16561.222.79$25,541
Feb 20188,40661.782.77$23,252
Jan 20189,58762.874.01$38,437
Dec 20179,80357.272.92$28,640
Nov 20179,53755.423.12$29,740
Oct 20179,86549.292.98$29,434
Sep 20179,80147.523.09$30,258
Aug 201710,19645.373.00$30,633
Jul 201711,53543.873.09$35,612
Jun 201710,07942.493.09$31,117
May 20179,70545.373.26$31,671
Apr 201710,30847.933.21$33,105
Mar 201710,76646.772.98$32,122
Feb 201710,02350.452.95$29,594
Jan 201711,39449.413.42$38,954
Dec 201610,68348.763.72$39,771
Nov 20169,47042.492.64$25,042
Oct 201610,50646.193.09$32,466
Sep 201610,11341.553.10$31,357
Aug 20169,96141.442.92$29,129
Jul 201610,19241.622.92$29,805
Jun 201610,38145.352.69$27,882
May 201611,04942.521.99$21,999
Apr 201610,66136.561.99$21,226
Mar 201610,74833.011.79$19,282
Feb 201610,13026.472.06$20,905
Jan 201611,53427.352.36$27,271
Dec 201511,52232.362.00$23,060
Nov 201511,36038.792.17$24,621
Oct 201511,61243.552.43$28,177
Sep 201511,87442.992.76$32,753
Aug 201512,25440.162.87$35,199
Jul 201512,12948.152.95$35,721
Jun 201512,02556.152.88$34,666
May 201512,76355.212.96$37,720
Apr 201512,83249.822.71$34,731
Mar 201513,46242.892.93$39,507
Feb 201512,48444.662.98$37,155
Jan 201514,22743.433.10$44,113
Dec 201414,47954.693.59$51,999
Nov 201414,15470.464.25$60,181
Oct 201414,85178.303.90$57,933
Sep 201414,67686.164.05$59,371
Aug 201415,45789.394.04$62,371
Jul 201415,39996.564.18$64,362
Jun 201415,25798.164.74$72,271
May 201416,15494.734.73$76,353
Apr 201416,03295.944.81$77,100
Mar 201417,39295.895.06$87,948
Feb 201416,27197.406.19$100,750
Jan 201418,35690.404.86$89,223
Dec 201318,79291.824.35$81,829
Nov 201319,13188.853.74$71,517
Oct 201320,60797.423.78$77,881
Sep 201318,662104.113.72$69,380
Aug 201318,236104.253.52$64,238
Jul 201319,380102.523.72$72,050
Jun 201319,06694.403.93$74,994
May 201321,78694.834.15$90,392
Apr 201323,87793.964.28$102,255
Mar 201326,07493.623.91$102,024
Feb 201325,25091.233.42$86,353
Jan 201328,79491.603.42$98,473
Dec 201231,52886.773.42$107,831
Nov 201232,30586.953.62$117,104
Oct 201233,13689.383.40$112,652
Sep 201233,01194.672.92$96,339
Aug 201235,23192.662.91$102,457
Jul 201238,10885.133.02$115,117
Jun 201238,71379.822.52$97,520
May 201243,26891.612.49$107,665
Apr 201246,363101.652.00$92,578
Mar 201249,408105.052.22$109,789
Feb 201251,894101.102.57$133,380
Jan 201261,79698.092.73$168,955
Dec 201169,34596.873.24$224,660
Nov 201163,72895.723.31$211,021
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                2,386 Mcf  × $  3.05 =     $7,267

────────────────────────────────────────────────────
Month total                                   $7,267

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/263043 is the state's own key, not one this site invented.