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 263257District 09Field 65280200GasSaveExport
Value, all time
$6.5 M
Nov 2011 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
175
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
GasProduction1,949,353 Mcf$6,457,546
Total$6,457,546

Every month this lease reported (175)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

175 months

May 20264,870106.413.05$14,833
Apr 20264,75098.932.87$13,631
Mar 20264,85489.753.15$15,287
Feb 20264,35963.503.75$16,348
Jan 20264,64659.138.00$37,158
Dec 20254,78556.664.41$21,118
Nov 20254,59858.593.93$18,054
Oct 20254,71759.383.30$15,589
Sep 20254,52062.743.08$13,908
Aug 20254,87463.933.01$14,694
Jul 20254,76866.743.32$15,807
Jun 20254,43166.483.13$13,863
May 20254,62160.553.23$14,937
Apr 20254,84262.363.54$17,156
Mar 20255,29067.704.27$22,579
Feb 20254,65170.884.34$20,189
Jan 20255,29874.324.28$22,668
Dec 20245,47268.993.12$17,080
Nov 20245,00269.052.20$10,997
Oct 20245,46871.372.28$12,475
Sep 20245,20069.612.36$12,295
Aug 20245,40675.632.06$11,156
Jul 20245,39579.932.15$11,581
Jun 20245,44778.082.63$14,347
May 20245,72278.812.20$12,579
Apr 20245,53984.451.66$9,190
Mar 20245,88980.301.55$9,099
Feb 20245,58476.091.78$9,960
Jan 20245,42173.023.30$17,877
Dec 20235,75271.262.61$15,017
Nov 20235,80477.892.81$16,295
Oct 20235,90185.443.09$18,218
Sep 20235,73789.042.74$15,691
Aug 20235,94180.522.67$15,880
Jul 20235,99174.852.64$15,827
Jun 20235,71468.962.26$12,905
May 20236,08570.622.23$13,554
Apr 20235,88178.122.24$13,160
Mar 20236,23272.852.39$14,914
Feb 20236,05875.112.47$14,937
Jan 20236,25976.533.39$21,204
Dec 20226,07876.415.73$34,821
Nov 20226,07285.005.65$34,284
Oct 20226,27887.185.86$36,813
Sep 20226,17184.888.16$50,378
Aug 20226,43194.529.13$58,697
Jul 20226,565101.587.54$49,514
Jun 20226,322115.097.98$50,432
May 20226,527109.378.43$55,042
Apr 20226,035104.226.84$41,265
Mar 20227,327108.885.08$37,195
Feb 20226,56091.054.86$31,874
Jan 20226,94681.844.54$31,519
Dec 20212,86571.323.90$11,171
Nov 20213,03977.435.24$15,915
Oct 20213,27179.795.71$18,690
Sep 20213,09469.865.35$16,556
Aug 20213,53466.024.22$14,916
Jul 20212,85370.783.98$11,361
Jun 20216,84369.493.38$23,134
May 20217,28463.483.02$21,981
Apr 20213,27060.362.76$9,020
Mar 20212,83861.302.72$7,711
Feb 20213,06357.805.55$16,993
Jan 20213,41150.412.81$9,586
Dec 20203,45244.642.68$9,236
Nov 20203,65138.772.71$9,882
Oct 20204,04236.972.48$10,018
Sep 20203,70137.091.99$7,369
Aug 20204,12339.982.39$9,834
Jul 20204,28738.371.83$7,824
Jun 20204,30634.901.69$7,278
May 20205,86016.921.81$10,634
Apr 20205,23614.751.80$9,448
Mar 20205,58530.341.86$10,367
Feb 20205,77149.881.98$11,430
Jan 20206,00557.252.09$12,579
Dec 20196,23559.012.30$14,368
Nov 20198,51455.302.75$23,419
Oct 20198,91353.472.42$21,556
Sep 20198,85455.052.66$23,528
Aug 20199,14253.112.30$21,066
Jul 20198,27356.272.46$20,352
Jun 20199,00752.782.49$22,438
May 20199,32958.482.74$25,564
Apr 20198,94962.632.75$24,616
Mar 20199,32456.803.06$28,551
Feb 20193,67450.852.79$10,259
Jan 20194,03046.033.23$13,010
Dec 20182,90146.594.19$12,142
Nov 20182,24352.934.24$9,504
Oct 20184,05161.443.40$13,766
Sep 20185,46859.543.11$16,995
Aug 20186,23559.403.07$19,120
Jul 20185,99965.142.93$17,588
Jun 201810,57360.183.08$32,532
May 201811,15465.382.90$32,356
Apr 201811,02463.842.90$31,978
Mar 201810,52561.222.79$29,331
Feb 20188,75361.782.77$24,212
Jan 201810,06462.874.01$40,350
Dec 201710,45357.272.92$30,539
Nov 201710,34955.423.12$32,272
Oct 201710,79249.292.98$32,200
Sep 201710,54647.523.09$32,558
Aug 201711,15045.373.00$33,499
Jul 201710,06243.873.09$31,064
Jun 20179,16242.493.09$28,286
May 20179,76245.373.26$31,857
Apr 20179,58547.933.21$30,783
Mar 20179,87746.772.98$29,470
Feb 20178,90350.452.95$26,287
Jan 20179,90649.413.42$33,867
Dec 201610,15948.763.72$37,820
Nov 20169,63042.492.64$25,465
Oct 201610,09346.193.09$31,190
Sep 201610,07341.553.10$31,233
Aug 201610,46141.442.92$30,592
Jul 201610,74041.622.92$31,407
Jun 201610,52945.352.69$28,279
May 201611,56142.521.99$23,018
Apr 201611,69636.561.99$23,287
Mar 201612,09833.011.79$21,704
Feb 201611,38426.472.06$23,492
Jan 201611,48627.352.36$27,157
Dec 201512,05232.362.00$24,121
Nov 201512,01238.792.17$26,034
Oct 201512,36543.552.43$30,005
Sep 201512,99242.992.76$35,837
Aug 201512,36240.162.87$35,510
Jul 201511,70748.152.95$34,478
Jun 201512,24756.152.88$35,306
May 201512,98855.212.96$38,385
Apr 201512,83649.822.71$34,742
Mar 201513,41542.892.93$39,369
Feb 201512,45244.662.98$37,060
Jan 201513,37843.433.10$41,480
Dec 201413,54054.693.59$48,627
Nov 201413,44170.464.25$57,149
Oct 201414,97278.303.90$58,405
Sep 201414,88186.164.05$60,200
Aug 201415,67489.394.04$63,246
Jul 201416,01696.564.18$66,940
Jun 201415,83998.164.74$75,027
May 201416,55994.734.73$78,267
Apr 201416,82495.944.81$80,909
Mar 201419,80995.895.06$100,170
Feb 201417,42397.406.19$107,883
Jan 201419,75990.404.86$96,043
Dec 201319,24791.824.35$83,811
Nov 201319,13988.853.74$71,547
Oct 201318,50497.423.78$69,933
Sep 201318,609104.113.72$69,183
Aug 201319,913104.253.52$70,146
Jul 201320,716102.523.72$77,017
Jun 201322,01894.403.93$86,606
May 201322,87494.834.15$94,906
Apr 201323,04493.964.28$98,688
Mar 201320,83493.623.91$81,521
Feb 201319,52291.233.42$66,763
Jan 201324,97491.603.42$85,409
Dec 201226,57486.773.42$90,887
Nov 201227,34286.953.62$99,114
Oct 201229,11289.383.40$98,971
Sep 201228,10994.672.92$82,033
Aug 201229,41592.662.91$85,544
Jul 201231,68185.133.02$95,702
Jun 201231,95879.822.52$80,503
May 201235,06991.612.49$87,263
Apr 201236,099101.652.00$72,082
Mar 201239,346105.052.22$87,430
Feb 201240,377101.102.57$103,779
Jan 201247,17598.092.73$128,980
Dec 201158,51796.873.24$189,580
Nov 201163,48195.723.31$210,203

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                4,870 Mcf  × $  3.05 =    $14,833

────────────────────────────────────────────────────
Month total                                  $14,833

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/263257 is the state's own key, not one this site invented.