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 263246District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Oct 2011 – May 2026
Value, last 12 filed months
$106 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
GasProduction1,437,731 Mcf$4,774,896
Total$4,774,896

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 20261,657106.413.05$5,047
Apr 20261,84498.932.87$5,292
Mar 20261,77289.753.15$5,581
Feb 20261,68763.503.75$6,327
Jan 20262,06659.138.00$16,524
Dec 20252,24256.664.41$9,895
Nov 20252,22758.593.93$8,744
Oct 20252,85459.383.30$9,432
Sep 20252,78462.743.08$8,566
Aug 20253,01263.933.01$9,080
Jul 20253,03266.743.32$10,052
Jun 20253,63466.483.13$11,370
May 20253,35660.553.23$10,848
Apr 20253,31262.363.54$11,735
Mar 20253,34367.704.27$14,269
Feb 20253,06170.884.34$13,287
Jan 20253,19774.324.28$13,679
Dec 20243,36768.993.12$10,510
Nov 20243,11769.052.20$6,853
Oct 20243,38071.372.28$7,711
Sep 20243,65069.612.36$8,630
Aug 20243,75975.632.06$7,757
Jul 20243,60779.932.15$7,743
Jun 20243,54778.082.63$9,343
May 20243,63678.812.20$7,994
Apr 20243,56484.451.66$5,913
Mar 20243,89280.301.55$6,014
Feb 20243,54176.091.78$6,316
Jan 20243,59373.023.30$11,848
Dec 20233,25771.262.61$8,503
Nov 20233,12477.892.81$8,771
Oct 20233,18185.443.09$9,821
Sep 20233,09789.042.74$8,470
Aug 20233,09480.522.67$8,270
Jul 20233,23074.852.64$8,533
Jun 20233,53368.962.26$7,979
May 20233,67270.622.23$8,179
Apr 20233,51878.122.24$7,872
Mar 20233,60772.852.39$8,632
Feb 20233,45975.112.47$8,529
Jan 20233,86576.533.39$13,094
Dec 20223,85976.415.73$22,109
Nov 20223,74485.005.65$21,139
Oct 20223,77287.185.86$22,118
Sep 20223,63884.888.16$29,699
Aug 20223,91894.529.13$35,760
Jul 20224,093101.587.54$30,870
Jun 20224,003115.097.98$31,933
May 20224,205109.378.43$35,461
Apr 20223,814104.226.84$26,079
Mar 20224,174108.885.08$21,189
Feb 20223,54491.054.86$17,220
Jan 20224,16281.844.54$18,886
Dec 20214,12571.323.90$16,084
Nov 20214,00677.435.24$20,979
Oct 20214,13279.795.71$23,610
Sep 20214,27769.865.35$22,886
Aug 20214,42766.024.22$18,685
Jul 20214,52970.783.98$18,035
Jun 20214,39469.493.38$14,854
May 20215,41163.483.02$16,329
Apr 20214,15260.362.76$11,453
Mar 20214,14461.302.72$11,259
Feb 20213,31357.805.55$18,380
Jan 20213,36550.412.81$9,457
Dec 20203,40844.642.68$9,118
Nov 20204,66138.772.71$12,615
Oct 20203,84336.972.48$9,525
Sep 20201,96737.091.99$3,916
Aug 20203,54839.982.39$8,462
Jul 20205,73538.371.83$10,467
Jun 20205,90934.901.69$9,988
May 20205,89316.921.81$10,694
Apr 20205,43814.751.80$9,812
Mar 20205,61330.341.86$10,419
Feb 20204,77449.881.98$9,456
Jan 20206,43757.252.09$13,484
Dec 20196,85459.012.30$15,794
Nov 20197,09255.302.75$19,508
Oct 20197,42753.472.42$17,963
Sep 20196,77455.052.66$18,000
Aug 20193,23753.112.30$7,459
Jul 20191,33556.272.46$3,284
Jun 20193,30552.782.49$8,233
May 20191,25958.482.74$3,450
Apr 20191,81962.632.75$5,004
Mar 20192,67356.803.06$8,185
Feb 20193,02950.852.79$8,458
Jan 20193,55646.033.23$11,479
Dec 20183,61546.594.19$15,130
Nov 20183,72952.934.24$15,801
Oct 20183,55761.443.40$12,087
Sep 20183,42759.543.11$10,651
Aug 20183,61359.403.07$11,079
Jul 20183,99565.142.93$11,713
Jun 20184,03860.183.08$12,425
May 20183,86165.382.90$11,200
Apr 20183,89263.842.90$11,290
Mar 20184,34661.222.79$12,112
Feb 20184,06361.782.77$11,239
Jan 20184,91562.874.01$19,706
Dec 20175,50457.272.92$16,080
Nov 20175,47855.423.12$17,082
Oct 20176,00149.292.98$17,905
Sep 20176,17147.523.09$19,052
Aug 20176,43845.373.00$19,342
Jul 20176,01743.873.09$18,576
Jun 20176,93942.493.09$21,423
May 20177,97145.373.26$26,013
Apr 20177,35247.933.21$23,612
Mar 20177,95246.772.98$23,726
Feb 20176,43850.452.95$19,009
Jan 20176,02749.413.42$20,605
Dec 20166,97848.763.72$25,978
Nov 20167,67642.492.64$20,298
Oct 20167,36546.193.09$22,760
Sep 20166,29841.553.10$19,528
Aug 20166,50941.442.92$19,035
Jul 20166,42441.622.92$18,786
Jun 20166,21245.352.69$16,684
May 20166,50942.521.99$12,960
Apr 20166,14036.561.99$12,225
Mar 20166,15233.011.79$11,037
Feb 20165,71626.472.06$11,796
Jan 20166,76527.352.36$15,995
Dec 20156,87432.362.00$13,758
Nov 20156,74638.792.17$14,621
Oct 20159,19443.552.43$22,310
Sep 20159,35042.992.76$25,791
Aug 20158,61740.162.87$24,752
Jul 20158,55248.152.95$25,186
Jun 20157,20356.152.88$20,765
May 20159,26655.212.96$27,385
Apr 20159,07849.822.71$24,570
Mar 20159,95942.892.93$29,227
Feb 20159,51344.662.98$28,313
Jan 201510,25943.433.10$31,809
Dec 201411,74354.693.59$42,173
Nov 201411,35370.464.25$48,271
Oct 201412,79678.303.90$49,917
Sep 201411,06686.164.05$44,767
Aug 201410,87789.394.04$43,890
Jul 201411,83096.564.18$49,445
Jun 201411,47598.164.74$54,356
May 201412,20194.734.73$57,669
Apr 201413,32195.944.81$64,062
Mar 201413,63495.895.06$68,944
Feb 201411,98397.406.19$74,199
Jan 201414,35990.404.86$69,795
Dec 201314,55391.824.35$63,371
Nov 201315,67888.853.74$58,609
Oct 201316,74997.423.78$63,301
Sep 201316,952104.113.72$63,023
Aug 201318,111104.253.52$63,798
Jul 201319,819102.523.72$73,682
Jun 201319,71394.403.93$77,539
May 201322,03594.834.15$91,425
Apr 201312,17793.964.28$52,149
Mar 201312,59793.623.91$49,290
Feb 201315,36091.233.42$52,530
Jan 201317,74091.603.42$60,669
Dec 201219,77786.773.42$67,641
Nov 201217,78786.953.62$64,477
Oct 201225,87589.383.40$87,967
Sep 201222,66694.672.92$66,148
Aug 201225,73692.662.91$74,844
Jul 201230,15285.133.02$91,083
Jun 201231,47779.822.52$79,292
May 201225,18891.612.49$62,676
Apr 20126,721101.652.00$13,420
Mar 201239,275105.052.22$87,272
Feb 201240,921101.102.57$105,177
Jan 201247,21198.092.73$129,079
Dec 201157,86596.873.24$187,468
Nov 201155,91095.723.31$185,134
Oct 20113,19784.983.65$11,664

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                1,657 Mcf  × $  3.05 =     $5,047

────────────────────────────────────────────────────
Month total                                   $5,047

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/263246 is the state's own key, not one this site invented.