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 263058District 09Field 65280200GasSaveExport
Value, all time
$6.6 M
May 2011 – May 2026
Value, last 12 filed months
$262 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
GasProduction2,019,510 Mcf$6,579,734
Total$6,579,734

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 20262,185106.413.05$6,655
Apr 20263,09898.932.87$8,890
Mar 20263,37489.753.15$10,626
Feb 20262,12563.503.75$7,969
Jan 20267,63359.138.00$61,048
Dec 20257,24356.664.41$31,966
Nov 20256,56958.593.93$25,793
Oct 20256,63459.383.30$21,924
Sep 20256,41762.743.08$19,745
Aug 20256,94063.933.01$20,922
Jul 20257,73866.743.32$25,653
Jun 20256,52066.483.13$20,399
May 20254,40360.553.23$14,232
Apr 20256,18762.363.54$21,921
Mar 20253,80867.704.27$16,254
Feb 20252,56770.884.34$11,143
Jan 20253,34274.324.28$14,299
Dec 20243,45368.993.12$10,778
Nov 20243,37469.052.20$7,418
Oct 20243,22371.372.28$7,353
Sep 20243,30669.612.36$7,817
Aug 20243,67575.632.06$7,584
Jul 20244,24379.932.15$9,108
Jun 20243,96078.082.63$10,431
May 20243,57378.812.20$7,855
Apr 20243,18284.451.66$5,280
Mar 20243,98280.301.55$6,153
Feb 20243,77176.091.78$6,726
Jan 20243,54373.023.30$11,684
Dec 20233,06271.262.61$7,994
Nov 20233,12077.892.81$8,760
Oct 20233,13585.443.09$9,679
Sep 20233,06389.042.74$8,377
Aug 20233,21580.522.67$8,593
Jul 20233,25074.852.64$8,586
Jun 20233,17168.962.26$7,162
May 20232,93870.622.23$6,544
Apr 20233,18578.122.24$7,127
Mar 20233,39472.852.39$8,122
Feb 20233,23375.112.47$7,972
Jan 20233,56476.533.39$12,074
Dec 20223,66476.415.73$20,991
Nov 20223,29885.005.65$18,621
Oct 20223,61187.185.86$21,174
Sep 20223,57184.888.16$29,153
Aug 20223,67294.529.13$33,515
Jul 20223,736101.587.54$28,177
Jun 20223,645115.097.98$29,077
May 20223,816109.378.43$32,180
Apr 20223,014104.226.84$20,609
Mar 20225,688108.885.08$28,875
Feb 20225,19291.054.86$25,227
Jan 20225,74081.844.54$26,046
Dec 20215,75371.323.90$22,432
Nov 20219,28277.435.24$48,608
Oct 20216,83279.795.71$39,037
Sep 20216,37469.865.35$34,107
Aug 20216,20666.024.22$26,193
Jul 20217,59670.783.98$30,248
Jun 20217,06369.493.38$23,877
May 20216,72963.483.02$20,306
Apr 20216,30760.362.76$17,397
Mar 20216,90861.302.72$18,769
Feb 20215,94757.805.55$32,994
Jan 20217,50550.412.81$21,091
Dec 20207,61744.642.68$20,379
Nov 20207,11438.772.71$19,255
Oct 20207,14836.972.48$17,716
Sep 20207,22937.091.99$14,393
Aug 20208,21939.982.39$19,603
Jul 20208,13338.371.83$14,844
Jun 20207,83934.901.69$13,250
May 20208,71616.921.81$15,817
Apr 20207,95814.751.80$14,359
Mar 20207,35630.341.86$13,654
Feb 20206,64849.881.98$13,167
Jan 20207,49757.252.09$15,704
Dec 20197,23259.012.30$16,665
Nov 20197,74355.302.75$21,299
Oct 20198,94653.472.42$21,636
Sep 20197,79455.052.66$20,711
Aug 20198,04353.112.30$18,534
Jul 20198,67856.272.46$21,348
Jun 20194,42152.782.49$11,014
May 20193,84058.482.74$10,523
Apr 20194,45562.632.75$12,254
Mar 20198,67956.803.06$26,576
Feb 20196,91850.852.79$19,317
Jan 20196,87146.033.23$22,181
Dec 20188,49146.594.19$35,539
Nov 20185,54052.934.24$23,474
Oct 201811,36061.443.40$38,602
Sep 201812,68459.543.11$39,422
Aug 20188,36659.403.07$25,655
Jul 20185,64565.142.93$16,550
Jun 20188,62660.183.08$26,542
May 20188,81865.382.90$25,579
Apr 20189,51663.842.90$27,604
Mar 20189,83661.222.79$27,411
Feb 20189,35561.782.77$25,877
Jan 201811,16862.874.01$44,776
Dec 201711,35857.272.92$33,183
Nov 201711,78655.423.12$36,753
Oct 201711,65349.292.98$34,769
Sep 201712,06047.523.09$37,233
Aug 201712,36145.373.00$37,137
Jul 201711,73143.873.09$36,217
Jun 201711,48442.493.09$35,454
May 201712,04645.373.26$39,311
Apr 201711,92147.933.21$38,285
Mar 201711,44046.772.98$34,133
Feb 201710,47850.452.95$30,937
Jan 201710,47149.413.42$35,798
Dec 201610,10848.763.72$37,630
Nov 201611,03842.492.64$29,188
Oct 201610,50346.193.09$32,457
Sep 201610,76541.553.10$33,378
Aug 201610,58741.442.92$30,960
Jul 201611,69241.622.92$34,191
Jun 201610,48845.352.69$28,169
May 201611,82542.521.99$23,544
Apr 201611,58936.561.99$23,074
Mar 201610,62433.011.79$19,060
Feb 201610,37626.472.06$21,412
Jan 201611,37227.352.36$26,888
Dec 201511,53632.362.00$23,088
Nov 201511,27938.792.17$24,445
Oct 201511,77843.552.43$28,580
Sep 201511,60842.992.76$32,020
Aug 201512,06840.162.87$34,665
Jul 201512,12748.152.95$35,715
Jun 201511,83756.152.88$34,124
May 201513,13055.212.96$38,805
Apr 201513,26849.822.71$35,911
Mar 201514,16042.892.93$41,555
Feb 201513,67844.662.98$40,708
Jan 201510,90843.433.10$33,822
Dec 201411,26154.693.59$40,442
Nov 201411,53870.464.25$49,058
Oct 201411,94578.303.90$46,597
Sep 201412,85286.164.05$51,992
Aug 201413,54389.394.04$54,648
Jul 201413,69096.564.18$57,219
Jun 201413,44198.164.74$63,668
May 201414,32594.734.73$67,708
Apr 201414,62295.944.81$70,319
Mar 201415,93495.895.06$80,575
Feb 201414,81797.406.19$91,747
Jan 201417,37690.404.86$84,460
Dec 201318,91091.824.35$82,343
Nov 201318,23588.853.74$68,168
Oct 201317,92297.423.78$67,734
Sep 201317,482104.113.72$64,994
Aug 201318,716104.253.52$65,929
Jul 201319,411102.523.72$72,165
Jun 201319,33694.403.93$76,056
May 201321,47994.834.15$89,118
Apr 201322,69093.964.28$97,172
Mar 201325,30993.623.91$99,031
Feb 201325,15291.233.42$86,018
Jan 201328,74791.603.42$98,312
Dec 201230,97386.773.42$105,933
Nov 201231,28486.953.62$113,403
Oct 201233,32389.383.40$113,288
Sep 201231,71594.672.92$92,557
Aug 201235,90992.662.91$104,429
Jul 201236,59785.133.02$110,552
Jun 201236,74879.822.52$92,570
May 201239,68691.612.49$98,751
Apr 201241,896101.652.00$83,658
Mar 201247,027105.052.22$104,498
Feb 201248,558101.102.57$124,806
Jan 201255,92198.092.73$152,892
Dec 201163,80196.873.24$206,699
Nov 201166,16095.723.31$219,074
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                2,185 Mcf  × $  3.05 =     $6,655

────────────────────────────────────────────────────
Month total                                   $6,655

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/263058 is the state's own key, not one this site invented.