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 263266District 09Field 65280200GasSaveExport
Value, all time
$4.4 M
Nov 2011 – May 2026
Value, last 12 filed months
$107 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
GasProduction1,344,986 Mcf$4,439,094
Total$4,439,094

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 20262,497106.413.05$7,605
Apr 20262,67998.932.87$7,688
Mar 20262,88189.753.15$9,074
Feb 20261,98363.503.75$7,437
Jan 20262,15359.138.00$17,220
Dec 20252,24656.664.41$9,912
Nov 20252,20558.593.93$8,658
Oct 20252,39659.383.30$7,918
Sep 20252,73862.743.08$8,425
Aug 20251,87263.933.01$5,644
Jul 20253,18666.743.32$10,562
Jun 20252,06566.483.13$6,461
May 20252,10360.553.23$6,798
Apr 20251,59362.363.54$5,644
Mar 20252,17667.704.27$9,288
Feb 20251,00170.884.34$4,345
Jan 20252,33774.324.28$9,999
Dec 20243,10968.993.12$9,704
Nov 20242,46169.052.20$5,410
Oct 20242,86071.372.28$6,525
Sep 20242,65469.612.36$6,275
Aug 20242,68175.632.06$5,533
Jul 20242,73979.932.15$5,880
Jun 20243,04678.082.63$8,023
May 20243,03078.812.20$6,661
Apr 20242,55784.451.66$4,243
Mar 20243,03280.301.55$4,685
Feb 20242,06576.091.78$3,683
Jan 20241,97273.023.30$6,503
Dec 20232,95071.262.61$7,702
Nov 20232,57477.892.81$7,227
Oct 20232,32385.443.09$7,172
Sep 20231,89989.042.74$5,194
Aug 20233,16580.522.67$8,460
Jul 20232,99974.852.64$7,923
Jun 20233,05068.962.26$6,888
May 20233,76170.622.23$8,377
Apr 20234,07978.122.24$9,128
Mar 20234,41072.852.39$10,554
Feb 20233,56375.112.47$8,785
Jan 20234,28776.533.39$14,523
Dec 20224,05276.415.73$23,214
Nov 20224,53485.005.65$25,600
Oct 20224,63987.185.86$27,202
Sep 20225,53384.888.16$45,170
Aug 20225,40894.529.13$49,360
Jul 20225,638101.587.54$42,522
Jun 20224,928115.097.98$39,312
May 20224,936109.378.43$41,625
Apr 20223,928104.226.84$26,858
Mar 20224,561108.885.08$23,153
Feb 20224,13691.054.86$20,096
Jan 20223,92381.844.54$17,801
Dec 20215,79171.323.90$22,580
Nov 20216,20577.435.24$32,495
Oct 20216,55379.795.71$37,443
Sep 20215,66369.865.35$30,302
Aug 20215,28766.024.22$22,314
Jul 20214,38370.783.98$17,453
Jun 20214,94869.493.38$16,727
May 20214,18463.483.02$12,626
Apr 20215,28060.362.76$14,564
Mar 20215,36161.302.72$14,566
Feb 20214,69957.805.55$26,070
Jan 20217,21950.412.81$20,287
Dec 20207,69244.642.68$20,580
Nov 20207,33438.772.71$19,850
Oct 20208,30936.972.48$20,593
Sep 20207,73437.091.99$15,399
Aug 20207,21839.982.39$17,216
Jul 20207,82338.371.83$14,278
Jun 20208,21434.901.69$13,884
May 20209,68516.921.81$17,576
Apr 20209,32414.751.80$16,824
Mar 202011,25930.341.86$20,899
Feb 202010,64449.881.98$21,082
Jan 202011,67957.252.09$24,464
Dec 201912,30859.012.30$28,362
Nov 2019055.302.75$0
Oct 201954253.472.42$1,311
Sep 20196,55955.052.66$17,429
Aug 2019053.112.30$0
Jul 20195,76356.272.46$14,177
Jun 20192,49652.782.49$6,218
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 20195,16950.852.79$14,433
Jan 20195,63546.033.23$18,191
Dec 20183,07446.594.19$12,866
Nov 20182,04252.934.24$8,652
Oct 20184,12761.443.40$14,024
Sep 20182,99759.543.11$9,315
Aug 20183,71259.403.07$11,383
Jul 20183,95565.142.93$11,596
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 20187363.842.90$212
Mar 20181,30861.222.79$3,645
Feb 201896061.782.77$2,655
Jan 201882662.874.01$3,312
Dec 20171,49857.272.92$4,376
Nov 20171,62055.423.12$5,052
Oct 201783749.292.98$2,497
Sep 201781047.523.09$2,501
Aug 20171,02445.373.00$3,077
Jul 20171,03843.873.09$3,205
Jun 20171,64142.493.09$5,066
May 20171,42545.373.26$4,650
Apr 201781047.933.21$2,601
Mar 20171,34746.772.98$4,019
Feb 20171,64950.452.95$4,869
Jan 20171,50549.413.42$5,145
Dec 20162,10048.763.72$7,818
Nov 20162,85642.492.64$7,552
Oct 2016046.193.09$0
Sep 20164,42141.553.10$13,708
Aug 20163,59141.442.92$10,501
Jul 20163,30041.622.92$9,650
Jun 20163,81745.352.69$10,252
May 20164,65842.521.99$9,274
Apr 20164,55836.561.99$9,075
Mar 20165,28933.011.79$9,489
Feb 20165,24626.472.06$10,826
Jan 20167,29727.352.36$17,253
Dec 201511,53632.362.00$23,088
Nov 20158,69838.792.17$18,851
Oct 20156,63743.552.43$16,105
Sep 20156,43742.992.76$17,756
Aug 20156,68440.162.87$19,200
Jul 20158,98948.152.95$26,473
Jun 20155,53756.152.88$15,962
May 20153,61055.212.96$10,669
Apr 20154,65949.822.71$12,610
Mar 20158,07042.892.93$23,683
Feb 20158,16144.662.98$24,289
Jan 20158,15443.433.10$25,283
Dec 20148,43554.693.59$30,293
Nov 20147,33570.464.25$31,187
Oct 20147,80878.303.90$30,459
Sep 20147,82486.164.05$31,652
Aug 20148,84689.394.04$35,695
Jul 201412,30196.564.18$51,413
Jun 20149,41498.164.74$44,593
May 20147,84094.734.73$37,056
Apr 201411,65495.944.81$56,045
Mar 201412,15595.895.06$61,465
Feb 201411,66497.406.19$72,223
Jan 201413,20590.404.86$64,186
Dec 201313,42891.824.35$58,472
Nov 201312,39788.853.74$46,343
Oct 201313,85397.423.78$52,355
Sep 201313,759104.113.72$51,152
Aug 201315,262104.253.52$53,762
Jul 201317,183102.523.72$63,882
Jun 201317,52794.403.93$68,941
May 201318,55794.834.15$76,994
Apr 201319,56393.964.28$83,780
Mar 201324,19793.623.91$94,680
Feb 201323,55591.233.42$80,556
Jan 201322,28891.603.42$76,223
Dec 201217,80486.773.42$60,893
Nov 201211,40886.953.62$41,354
Oct 201220,49489.383.40$69,673
Sep 201219,65794.672.92$57,367
Aug 201222,31892.662.91$64,904
Jul 201228,62585.133.02$86,470
Jun 201228,38079.822.52$71,490
May 201232,09591.612.49$79,863
Apr 201235,629101.652.00$71,144
Mar 201238,408105.052.22$85,346
Feb 201241,861101.102.57$107,593
Jan 201251,51298.092.73$140,838
Dec 201164,48896.873.24$208,924
Nov 201153,12195.723.31$175,899

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                2,497 Mcf  × $  3.05 =     $7,605

────────────────────────────────────────────────────
Month total                                   $7,605

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/263266 is the state's own key, not one this site invented.