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 263262District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
Nov 2011 – May 2026
Value, last 12 filed months
$155 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
GasProduction1,243,401 Mcf$4,133,313
Total$4,133,313

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 20263,458106.413.05$10,533
Apr 20263,34298.932.87$9,591
Mar 20263,45289.753.15$10,872
Feb 20263,16763.503.75$11,877
Jan 20263,46359.138.00$27,697
Dec 20253,58356.664.41$15,813
Nov 20253,42958.593.93$13,464
Oct 20253,51859.383.30$11,626
Sep 20253,44262.743.08$10,591
Aug 20253,60863.933.01$10,877
Jul 20253,37466.743.32$11,185
Jun 20253,47566.483.13$10,872
May 20253,49860.553.23$11,307
Apr 20253,43462.363.54$12,167
Mar 20253,63767.704.27$15,524
Feb 20253,23770.884.34$14,051
Jan 20253,61974.324.28$15,485
Dec 20243,62168.993.12$11,302
Nov 20243,48069.052.20$7,651
Oct 20243,59071.372.28$8,190
Sep 20243,46569.612.36$8,193
Aug 20243,61175.632.06$7,452
Jul 20243,65179.932.15$7,837
Jun 20243,14178.082.63$8,273
May 20242,96378.812.20$6,514
Apr 20243,22584.451.66$5,351
Mar 20243,30780.301.55$5,110
Feb 20243,22576.091.78$5,752
Jan 20243,20173.023.30$10,556
Dec 20233,32371.262.61$8,675
Nov 20233,21177.892.81$9,015
Oct 20233,28585.443.09$10,142
Sep 20233,29389.042.74$9,006
Aug 20233,34380.522.67$8,935
Jul 20233,40074.852.64$8,982
Jun 20233,34168.962.26$7,546
May 20233,46070.622.23$7,707
Apr 20233,36678.122.24$7,532
Mar 20233,51072.852.39$8,400
Feb 20233,22675.112.47$7,954
Jan 20233,58676.533.39$12,148
Dec 20223,56676.415.73$20,430
Nov 20223,42285.005.65$19,321
Oct 20223,70987.185.86$21,749
Sep 20223,67984.888.16$30,034
Aug 20223,81194.529.13$34,784
Jul 20223,728101.587.54$28,117
Jun 20223,579115.097.98$28,550
May 20223,813109.378.43$32,155
Apr 20223,464104.226.84$23,685
Mar 20223,840108.885.08$19,493
Feb 20223,51291.054.86$17,064
Jan 20223,93881.844.54$17,869
Dec 20212,85471.323.90$11,128
Nov 20212,67777.435.24$14,019
Oct 20212,26079.795.71$12,913
Sep 20212,78369.865.35$14,892
Aug 2021066.024.22$0
Jul 20212,47770.783.98$9,864
Jun 20214,70269.493.38$15,896
May 20214,99963.483.02$15,085
Apr 20211,74060.362.76$4,800
Mar 20211,05361.302.72$2,861
Feb 20212,77257.805.55$15,379
Jan 20213,78250.412.81$10,628
Dec 20203,73744.642.68$9,998
Nov 20203,58638.772.71$9,706
Oct 20203,76036.972.48$9,319
Sep 20203,58337.091.99$7,134
Aug 20203,77039.982.39$8,992
Jul 20203,80438.371.83$6,943
Jun 20203,72434.901.69$6,295
May 20203,94616.921.81$7,161
Apr 20203,82314.751.80$6,898
Mar 20203,43630.341.86$6,378
Feb 20203,65149.881.98$7,231
Jan 20203,03957.252.09$6,366
Dec 20193,89959.012.30$8,985
Nov 20195,30755.302.75$14,598
Oct 20195,75653.472.42$13,921
Sep 20196,35455.052.66$16,884
Aug 20196,07253.112.30$13,992
Jul 20196,64856.272.46$16,354
Jun 20196,25752.782.49$15,587
May 20194,64258.482.74$12,721
Apr 20194,61262.632.75$12,686
Mar 20194,87956.803.06$14,940
Feb 20193,78850.852.79$10,577
Jan 20194,05346.033.23$13,084
Dec 20183,96046.594.19$16,574
Nov 20184,37352.934.24$18,529
Oct 20184,73561.443.40$16,090
Sep 20185,11259.543.11$15,888
Aug 20184,76559.403.07$14,612
Jul 20185,19265.142.93$15,222
Jun 20185,14560.183.08$15,831
May 20185,16965.382.90$14,994
Apr 20185,39863.842.90$15,659
Mar 20185,75561.222.79$16,038
Feb 20185,26961.782.77$14,575
Jan 20185,93562.874.01$23,795
Dec 20175,98057.272.92$17,471
Nov 20175,76055.423.12$17,962
Oct 20176,05849.292.98$18,075
Sep 20175,84247.523.09$18,036
Aug 20176,14545.373.00$18,462
Jul 20176,83643.873.09$21,105
Jun 20176,10842.493.09$18,857
May 20176,43645.373.26$21,003
Apr 20176,22147.933.21$19,979
Mar 20176,71546.772.98$20,035
Feb 20176,27950.452.95$18,539
Jan 20176,81549.413.42$23,299
Dec 20166,89048.763.72$25,650
Nov 20166,92142.492.64$18,302
Oct 20167,41946.193.09$22,927
Sep 20168,01541.553.10$24,852
Aug 20168,38341.442.92$24,515
Jul 20167,44641.622.92$21,775
Jun 20167,49745.352.69$20,136
May 20167,39442.521.99$14,722
Apr 20166,45936.561.99$12,860
Mar 20167,20133.011.79$12,919
Feb 20166,90826.472.06$14,256
Jan 20167,62127.352.36$18,019
Dec 20157,76632.362.00$15,543
Nov 20157,19338.792.17$15,590
Oct 20157,50543.552.43$18,211
Sep 20157,45642.992.76$20,567
Aug 20158,09640.162.87$23,256
Jul 20158,21248.152.95$24,185
Jun 20157,95956.152.88$22,945
May 20158,63055.212.96$25,506
Apr 20158,56749.822.71$23,187
Mar 20159,24342.892.93$27,126
Feb 20158,55444.662.98$25,458
Jan 20159,30643.433.10$28,854
Dec 20149,58854.693.59$34,434
Nov 20149,90370.464.25$42,106
Oct 201410,49878.303.90$40,952
Sep 201410,16686.164.05$41,126
Aug 201410,72489.394.04$43,273
Jul 201411,00396.564.18$45,988
Jun 201411,03498.164.74$52,267
May 201411,92294.734.73$56,350
Apr 201411,98295.944.81$57,623
Mar 201412,65195.895.06$63,974
Feb 201411,95897.406.19$74,044
Jan 201413,43090.404.86$65,279
Dec 201313,86291.824.35$60,362
Nov 201313,06888.853.74$48,852
Oct 201311,83097.423.78$44,710
Sep 201312,418104.113.72$46,167
Aug 201314,414104.253.52$50,775
Jul 201314,874102.523.72$55,298
Jun 201314,58494.403.93$57,365
May 201315,99994.834.15$66,381
Apr 201316,61693.964.28$71,160
Mar 201318,63993.623.91$72,932
Feb 201318,63291.233.42$63,720
Jan 201322,98391.603.42$78,600
Dec 201210,59686.773.42$36,240
Nov 2012086.953.62$0
Oct 20129189.383.40$309
Sep 20128794.672.92$254
Aug 20123,67692.662.91$10,690
Jul 201218,50985.133.02$55,912
Jun 201219,41779.822.52$48,912
May 201222,12591.612.49$55,054
Apr 201224,408101.652.00$48,738
Mar 201227,247105.052.22$60,545
Feb 201229,212101.102.57$75,082
Jan 201234,88198.092.73$95,367
Dec 201143,68796.873.24$141,535
Nov 201142,19795.723.31$139,726

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                3,458 Mcf  × $  3.05 =    $10,533

────────────────────────────────────────────────────
Month total                                  $10,533

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/263262 is the state's own key, not one this site invented.