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 263051District 09Field 65280200GasSaveExport
Value, all time
$4.4 M
May 2011 – May 2026
Value, last 12 filed months
$27 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
GasProduction1,354,974 Mcf$4,408,339
Total$4,408,339

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 20261,750106.413.05$5,330
Apr 20262,21298.932.87$6,348
Mar 20262,54189.753.15$8,003
Feb 20261,53763.503.75$5,764
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 202540659.383.30$1,342
Sep 202511462.743.08$351
Aug 20252363.933.01$69
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 20251,71367.704.27$7,312
Feb 20252,20470.884.34$9,567
Jan 20252,74174.324.28$11,728
Dec 20242,91268.993.12$9,089
Nov 20242,88569.052.20$6,343
Oct 20242,96571.372.28$6,764
Sep 20242,68269.612.36$6,341
Aug 20242,77775.632.06$5,731
Jul 20243,47779.932.15$7,464
Jun 20243,07078.082.63$8,086
May 20243,73178.812.20$8,202
Apr 20243,22484.451.66$5,349
Mar 20242,90980.301.55$4,495
Feb 20242,54676.091.78$4,541
Jan 20243,17673.023.30$10,473
Dec 20233,98771.262.61$10,409
Nov 20233,67477.892.81$10,315
Oct 20233,71085.443.09$11,454
Sep 20233,88089.042.74$10,612
Aug 20234,27780.522.67$11,432
Jul 20233,82774.852.64$10,110
Jun 20233,04868.962.26$6,884
May 20233,12970.622.23$6,970
Apr 20232,97478.122.24$6,655
Mar 20233,29572.852.39$7,885
Feb 20233,47575.112.47$8,568
Jan 20233,69176.533.39$12,504
Dec 20223,21576.415.73$18,419
Nov 20223,20385.005.65$18,085
Oct 20223,57787.185.86$20,975
Sep 20223,45984.888.16$28,238
Aug 20223,36994.529.13$30,749
Jul 20223,300101.587.54$24,889
Jun 20223,280115.097.98$26,165
May 20223,402109.378.43$28,689
Apr 20222,938104.226.84$20,089
Mar 20223,033108.885.08$15,397
Feb 20224,21091.054.86$20,456
Jan 20224,09081.844.54$18,559
Dec 20212,97171.323.90$11,584
Nov 20212,11477.435.24$11,071
Oct 20212,47579.795.71$14,142
Sep 20213,05369.865.35$16,336
Aug 20213,03666.024.22$12,814
Jul 20213,21570.783.98$12,802
Jun 20213,78069.493.38$12,779
May 20214,43963.483.02$13,395
Apr 20214,52860.362.76$12,490
Mar 20213,44361.302.72$9,354
Feb 202190857.805.55$5,038
Jan 20214,07550.412.81$11,452
Dec 20204,21444.642.68$11,274
Nov 20204,16938.772.71$11,284
Oct 20204,48836.972.48$11,123
Sep 20203,60237.091.99$7,172
Aug 20203,56139.982.39$8,493
Jul 20202,52738.371.83$4,612
Jun 20201,07734.901.69$1,820
May 20202,38316.921.81$4,325
Apr 20203,52214.751.80$6,355
Mar 20205,26730.341.86$9,777
Feb 20205,37849.881.98$10,652
Jan 20205,68357.252.09$11,904
Dec 20196,34359.012.30$14,617
Nov 20195,68955.302.75$15,649
Oct 20193,68153.472.42$8,903
Sep 20195,22955.052.66$13,895
Aug 20197,60153.112.30$17,515
Jul 20197,13256.272.46$17,545
Jun 20195,82252.782.49$14,504
May 20196,68258.482.74$18,311
Apr 20198,23862.632.75$22,660
Mar 20193,90556.803.06$11,958
Feb 20193,09250.852.79$8,634
Jan 20193,44046.033.23$11,105
Dec 20183,43946.594.19$14,394
Nov 20183,51252.934.24$14,881
Oct 20183,34961.443.40$11,380
Sep 20182,04659.543.11$6,359
Aug 20184,56459.403.07$13,996
Jul 20184,71465.142.93$13,821
Jun 20184,66560.183.08$14,354
May 20184,71065.382.90$13,663
Apr 20184,55263.842.90$13,204
Mar 20184,80161.222.79$13,380
Feb 20184,72161.782.77$13,059
Jan 20184,96662.874.01$19,910
Dec 20175,00257.272.92$14,613
Nov 20175,61655.423.12$17,513
Oct 20175,83549.292.98$17,410
Sep 20175,33147.523.09$16,458
Aug 20175,44745.373.00$16,365
Jul 20177,05543.873.09$21,781
Jun 20175,88542.493.09$18,169
May 20175,99045.373.26$19,548
Apr 20175,65947.933.21$18,174
Mar 20176,07046.772.98$18,111
Feb 20176,36650.452.95$18,796
Jan 20177,14249.413.42$24,417
Dec 20167,16548.763.72$26,674
Nov 20167,54842.492.64$19,960
Oct 20167,25946.193.09$22,432
Sep 20166,61941.553.10$20,523
Aug 20167,07241.442.92$20,681
Jul 20166,90641.622.92$20,195
Jun 20166,89245.352.69$18,511
May 20167,34042.521.99$14,614
Apr 20167,27436.561.99$14,483
Mar 20167,51433.011.79$13,480
Feb 20167,18526.472.06$14,827
Jan 20167,89327.352.36$18,662
Dec 20158,24932.362.00$16,510
Nov 20158,45938.792.17$18,333
Oct 20157,54843.552.43$18,316
Sep 20157,08942.992.76$19,554
Aug 20157,97440.162.87$22,905
Jul 20158,19248.152.95$24,126
Jun 20158,58856.152.88$24,758
May 20158,68055.212.96$25,653
Apr 20158,13549.822.71$22,018
Mar 20158,46942.892.93$24,854
Feb 20156,55244.662.98$19,500
Jan 20157,83043.433.10$24,278
Dec 20148,61354.693.59$30,932
Nov 20149,94170.464.25$42,268
Oct 20149,56178.303.90$37,297
Sep 20149,39186.164.05$37,991
Aug 20149,02489.394.04$36,413
Jul 201410,47696.564.18$43,785
Jun 201411,29698.164.74$53,508
May 201411,68194.734.73$55,211
Apr 201410,26195.944.81$49,346
Mar 201412,32395.895.06$62,315
Feb 201411,36397.406.19$70,360
Jan 201412,94990.404.86$62,941
Dec 201313,79291.824.35$60,057
Nov 201313,40088.853.74$50,093
Oct 201314,16797.423.78$53,542
Sep 201314,231104.113.72$52,907
Aug 201315,898104.253.52$56,002
Jul 201312,647102.523.72$47,018
Jun 201315,57994.403.93$61,279
May 201317,34894.834.15$71,978
Apr 201316,90793.964.28$72,406
Mar 201322,74493.623.91$88,994
Feb 201318,92591.233.42$64,722
Jan 201322,45391.603.42$76,787
Dec 201225,77286.773.42$88,144
Nov 201219,47886.953.62$70,607
Oct 201213,72389.383.40$46,654
Sep 201221,61694.672.92$63,084
Aug 201224,68292.662.91$71,779
Jul 201225,97985.133.02$78,477
Jun 201225,61379.822.52$64,520
May 201227,23591.612.49$67,769
Apr 201232,285101.652.00$64,467
Mar 201234,534105.052.22$76,737
Feb 201236,635101.102.57$94,161
Jan 201245,69198.092.73$124,923
Dec 201154,64996.873.24$177,049
Nov 201151,84395.723.31$171,667
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                1,750 Mcf  × $  3.05 =     $5,330

────────────────────────────────────────────────────
Month total                                   $5,330

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/263051 is the state's own key, not one this site invented.