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 263235District 09Field 65280200GasSaveExport
Value, all time
$5.0 M
Oct 2011 – May 2026
Value, last 12 filed months
$119 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
GasProduction1,476,762 Mcf$4,959,294
Total$4,959,294

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 20262,553106.413.05$7,776
Apr 20262,60398.932.87$7,470
Mar 20262,76389.753.15$8,702
Feb 20262,51363.503.75$9,425
Jan 20262,79759.138.00$22,370
Dec 20252,84956.664.41$12,574
Nov 20252,78158.593.93$10,919
Oct 20252,78659.383.30$9,207
Sep 20252,63462.743.08$8,105
Aug 20252,77663.933.01$8,369
Jul 20252,48266.743.32$8,228
Jun 20251,97766.483.13$6,185
May 20251,77060.553.23$5,721
Apr 20251,74162.363.54$6,169
Mar 20251,84467.704.27$7,871
Feb 20251,72870.884.34$7,501
Jan 20251,78874.324.28$7,650
Dec 20242,75168.993.12$8,587
Nov 20241,92869.052.20$4,239
Oct 20241,92971.372.28$4,401
Sep 20242,10669.612.36$4,979
Aug 2024075.632.06$0
Jul 202453779.932.15$1,153
Jun 202416378.082.63$429
May 202451578.812.20$1,132
Apr 202491384.451.66$1,515
Mar 20241,16680.301.55$1,802
Feb 20241,09776.091.78$1,957
Jan 20241,10073.023.30$3,627
Dec 20231,15271.262.61$3,008
Nov 20231,60777.892.81$4,512
Oct 20232,35585.443.09$7,271
Sep 20232,39389.042.74$6,545
Aug 20231,95580.522.67$5,225
Jul 20231,80474.852.64$4,766
Jun 20233,30068.962.26$7,453
May 20233,02970.622.23$6,747
Apr 20233,32678.122.24$7,443
Mar 20233,48172.852.39$8,331
Feb 20233,28775.112.47$8,105
Jan 20233,53276.533.39$11,965
Dec 20222,79276.415.73$15,996
Nov 20222,69985.005.65$15,239
Oct 20222,78787.185.86$16,342
Sep 20222,84284.888.16$23,201
Aug 20223,10794.529.13$28,358
Jul 20223,208101.587.54$24,195
Jun 20222,616115.097.98$20,868
May 20222,757109.378.43$23,250
Apr 20222,670104.226.84$18,256
Mar 20222,913108.885.08$14,788
Feb 20223,01591.054.86$14,649
Jan 20223,60281.844.54$16,345
Dec 20213,80371.323.90$14,828
Nov 20213,79577.435.24$19,874
Oct 20214,11979.795.71$23,535
Sep 20213,22269.865.35$17,241
Aug 20213,34566.024.22$14,118
Jul 20212,56470.783.98$10,210
Jun 20212,11769.493.38$7,157
May 20211,58963.483.02$4,795
Apr 20211,52360.362.76$4,201
Mar 20211,61961.302.72$4,399
Feb 20211,42457.805.55$7,900
Jan 20211,69450.412.81$4,761
Dec 20201,70944.642.68$4,572
Nov 20201,73838.772.71$4,704
Oct 20201,96836.972.48$4,878
Sep 20202,01837.091.99$4,018
Aug 20202,38739.982.39$5,693
Jul 20202,53638.371.83$4,629
Jun 20202,46634.901.69$4,168
May 20202,70416.921.81$4,907
Apr 20202,60414.751.80$4,699
Mar 20202,68630.341.86$4,986
Feb 20202,41049.881.98$4,773
Jan 20203,05757.252.09$6,404
Dec 20193,11359.012.30$7,173
Nov 20193,01355.302.75$8,288
Oct 20193,61553.472.42$8,743
Sep 20193,49255.052.66$9,279
Aug 20193,83553.112.30$8,837
Jul 20193,47656.272.46$8,551
Jun 20192,61652.782.49$6,517
May 20192,35458.482.74$6,451
Apr 20192,26562.632.75$6,230
Mar 20192,95156.803.06$9,036
Feb 20193,96550.852.79$11,071
Jan 20194,54046.033.23$14,656
Dec 20185,23546.594.19$21,911
Nov 20184,95352.934.24$20,987
Oct 20184,52061.443.40$15,359
Sep 20184,41659.543.11$13,725
Aug 20184,71659.403.07$14,462
Jul 20184,89065.142.93$14,337
Jun 20184,73060.183.08$14,554
May 20184,91965.382.90$14,269
Apr 20185,03863.842.90$14,614
Mar 20185,19961.222.79$14,489
Feb 20184,81761.782.77$13,324
Jan 20185,51662.874.01$22,115
Dec 20175,38357.272.92$15,727
Nov 20175,52155.423.12$17,216
Oct 20175,80749.292.98$17,326
Sep 20175,80947.523.09$17,934
Aug 20176,35645.373.00$19,096
Jul 20177,27043.873.09$22,445
Jun 20176,92442.493.09$21,376
May 20177,43645.373.26$24,267
Apr 20177,10147.933.21$22,806
Mar 20177,71946.772.98$23,031
Feb 20177,36750.452.95$21,752
Jan 20177,89049.413.42$26,974
Dec 20168,14048.763.72$30,304
Nov 20167,95742.492.64$21,041
Oct 20168,13646.193.09$25,142
Sep 20168,00841.553.10$24,830
Aug 20169,28141.442.92$27,141
Jul 20169,71241.622.92$28,401
Jun 20169,65345.352.69$25,926
May 20168,80542.521.99$17,531
Apr 20169,04236.561.99$18,003
Mar 20165,27533.011.79$9,463
Feb 20165,64126.472.06$11,641
Jan 20167,28627.352.36$17,227
Dec 20158,78432.362.00$17,580
Nov 20158,78838.792.17$19,047
Oct 20159,04443.552.43$21,946
Sep 20159,42942.992.76$26,009
Aug 20159,69340.162.87$27,843
Jul 20159,29648.152.95$27,377
Jun 20159,60156.152.88$27,678
May 201510,21655.212.96$30,193
Apr 201510,22049.822.71$27,661
Mar 201510,91842.892.93$32,041
Feb 20159,79744.662.98$29,158
Jan 201511,76543.433.10$36,479
Dec 201412,79454.693.59$45,948
Nov 201412,20570.464.25$51,894
Oct 201412,06978.303.90$47,081
Sep 201412,00386.164.05$48,557
Aug 201412,68189.394.04$51,169
Jul 201413,18096.564.18$55,087
Jun 201412,81898.164.74$60,717
May 201414,69694.734.73$69,462
Apr 201415,43695.944.81$74,234
Mar 201415,61595.895.06$78,962
Feb 201414,28297.406.19$88,434
Jan 201416,23390.404.86$78,904
Dec 201317,20691.824.35$74,923
Nov 201317,37888.853.74$64,964
Oct 201318,55497.423.78$70,122
Sep 201318,416104.113.72$68,466
Aug 201321,522104.253.52$75,814
Jul 201314,095102.523.72$52,402
Jun 201316,34294.403.93$64,280
May 201317,67594.834.15$73,335
Apr 201321,49593.964.28$92,054
Mar 201324,74193.623.91$96,808
Feb 201327,44791.233.42$93,866
Jan 201332,54191.603.42$111,287
Dec 201234,56186.773.42$118,204
Nov 201235,32986.953.62$128,066
Oct 201234,49989.383.40$117,286
Sep 201220,74894.672.92$60,551
Aug 201219492.662.91$564
Jul 201212,57385.133.02$37,981
Jun 201220,20379.822.52$50,892
May 201228,55091.612.49$71,042
Apr 201234,891101.652.00$69,670
Mar 201240,261105.052.22$89,463
Feb 201235,386101.102.57$90,951
Jan 201253,76198.092.73$146,987
Dec 201160,98696.873.24$197,579
Nov 201166,35795.723.31$219,727
Oct 201113,86984.983.65$50,602

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                2,553 Mcf  × $  3.05 =     $7,776

────────────────────────────────────────────────────
Month total                                   $7,776

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/263235 is the state's own key, not one this site invented.