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 263413District 09Field 65280200GasSaveExport
Value, all time
$5.2 M
Nov 2011 – May 2026
Value, last 12 filed months
$285 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
GasProduction1,622,049 Mcf$5,228,800
Total$5,228,800

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 20266,218106.413.05$18,939
Apr 20266,12398.932.87$17,571
Mar 20266,25989.753.15$19,712
Feb 20265,78463.503.75$21,692
Jan 20266,47959.138.00$51,819
Dec 20256,61256.664.41$29,181
Nov 20256,29958.593.93$24,733
Oct 20256,47159.383.30$21,386
Sep 20256,31362.743.08$19,425
Aug 20256,40363.933.01$19,304
Jul 20256,48966.743.32$21,512
Jun 20256,33966.483.13$19,833
May 20256,42160.553.23$20,755
Apr 20256,47162.363.54$22,928
Mar 20256,70267.704.27$28,606
Feb 20255,84570.884.34$25,372
Jan 20256,30374.324.28$26,969
Dec 20246,54968.993.12$20,442
Nov 20246,54969.052.20$14,398
Oct 20246,69171.372.28$15,265
Sep 20246,46369.612.36$15,281
Aug 20246,65175.632.06$13,725
Jul 20246,43079.932.15$13,803
Jun 20246,62278.082.63$17,442
May 20246,78778.812.20$14,921
Apr 20246,60784.451.66$10,962
Mar 20246,82180.301.55$10,539
Feb 20246,45276.091.78$11,508
Jan 20246,12873.023.30$20,208
Dec 20235,79271.262.61$15,121
Nov 20236,17477.892.81$17,334
Oct 20236,35985.443.09$19,632
Sep 20235,52789.042.74$15,117
Aug 20235,57080.522.67$14,888
Jul 20235,53974.852.64$14,633
Jun 20235,18868.962.26$11,717
May 20235,30070.622.23$11,805
Apr 20234,84878.122.24$10,849
Mar 20235,22672.852.39$12,507
Feb 20232,70975.112.47$6,680
Jan 20232,92076.533.39$9,892
Dec 20223,00076.415.73$17,187
Nov 20222,85385.005.65$16,109
Oct 20223,04187.185.86$17,832
Sep 20222,81484.888.16$22,973
Aug 20222,92194.529.13$26,660
Jul 20221,269101.587.54$9,571
Jun 20221,213115.097.98$9,676
May 20221,317109.378.43$11,106
Apr 20222,014104.226.84$13,771
Mar 20222,883108.885.08$14,635
Feb 20223,66491.054.86$17,803
Jan 20225,65481.844.54$25,656
Dec 20215,41471.323.90$21,110
Nov 20215,20077.435.24$27,232
Oct 20215,36579.795.71$30,655
Sep 20215,17669.865.35$27,696
Aug 20215,59366.024.22$23,606
Jul 20215,22970.783.98$20,822
Jun 20214,72569.493.38$15,973
May 20213,62163.483.02$10,927
Apr 20213,36660.362.76$9,285
Mar 20214,76061.302.72$12,933
Feb 20216,63957.805.55$36,833
Jan 20216,07650.412.81$17,075
Dec 20205,64044.642.68$15,090
Nov 20205,93338.772.71$16,058
Oct 20206,13336.972.48$15,200
Sep 20205,64937.091.99$11,247
Aug 20205,43539.982.39$12,963
Jul 20204,57438.371.83$8,348
Jun 20207,26634.901.69$12,282
May 20206,72116.921.81$12,197
Apr 20207,44014.751.80$13,425
Mar 20207,97930.341.86$14,811
Feb 20207,69349.881.98$15,237
Jan 20208,44357.252.09$17,686
Dec 20197,95459.012.30$18,329
Nov 20198,06855.302.75$22,193
Oct 20198,69553.472.42$21,029
Sep 20197,78255.052.66$20,679
Aug 20197,75653.112.30$17,873
Jul 20197,40356.272.46$18,212
Jun 20194,61952.782.49$11,507
May 20194,10558.482.74$11,249
Apr 20194,22462.632.75$11,619
Mar 20195,09256.803.06$15,592
Feb 20193,47950.852.79$9,714
Jan 20195,70546.033.23$18,417
Dec 20186,16646.594.19$25,807
Nov 20185,90652.934.24$25,025
Oct 20186,42461.443.40$21,829
Sep 20186,09459.543.11$18,940
Aug 20186,11859.403.07$18,761
Jul 20185,80265.142.93$17,011
Jun 20186,08360.183.08$18,717
May 20185,62565.382.90$16,317
Apr 20184,82863.842.90$14,005
Mar 20184,98761.222.79$13,898
Feb 20184,64861.782.77$12,857
Jan 20185,29962.874.01$21,245
Dec 20175,14857.272.92$15,040
Nov 20175,18455.423.12$16,166
Oct 20176,45149.292.98$19,248
Sep 20176,17847.523.09$19,073
Aug 20177,22345.373.00$21,701
Jul 20178,83043.873.09$27,261
Jun 20176,84942.493.09$21,145
May 20178,35945.373.26$27,279
Apr 20177,16147.933.21$22,998
Mar 20177,38046.772.98$22,020
Feb 20177,69650.452.95$22,723
Jan 20178,64749.413.42$29,562
Dec 20168,65548.763.72$32,221
Nov 20169,45842.492.64$25,010
Oct 20169,53046.193.09$29,450
Sep 20168,86441.553.10$27,484
Aug 201610,25641.442.92$29,992
Jul 201610,63441.622.92$31,097
Jun 201610,43045.352.69$28,013
May 201611,28542.521.99$22,469
Apr 201610,26236.561.99$20,432
Mar 201610,10333.011.79$18,125
Feb 20169,19026.472.06$18,965
Jan 20169,22527.352.36$21,811
Dec 20159,60532.362.00$19,224
Nov 20159,34838.792.17$20,260
Oct 20159,13643.552.43$22,169
Sep 20159,83042.992.76$27,115
Aug 20159,36540.162.87$26,901
Jul 20158,76648.152.95$25,817
Jun 20157,75756.152.88$22,362
May 20159,77955.212.96$28,901
Apr 20159,80249.822.71$26,530
Mar 201510,03942.892.93$29,462
Feb 20159,53544.662.98$28,378
Jan 201510,62443.433.10$32,941
Dec 201410,75954.693.59$38,639
Nov 201410,13870.464.25$43,105
Oct 201410,86878.303.90$42,396
Sep 201411,29286.164.05$45,681
Aug 201411,05389.394.04$44,600
Jul 201410,76196.564.18$44,977
Jun 201411,89098.164.74$56,322
May 201412,59094.734.73$59,507
Apr 201411,61595.944.81$55,858
Mar 201413,05995.895.06$66,037
Feb 201411,60097.406.19$71,827
Jan 201413,22190.404.86$64,264
Dec 201314,56391.824.35$63,414
Nov 201313,78088.853.74$51,514
Oct 201314,70397.423.78$55,568
Sep 201314,157104.113.72$52,632
Aug 201313,739104.253.52$48,397
Jul 201317,071102.523.72$63,466
Jun 201316,57194.403.93$65,181
May 201317,30794.834.15$71,808
Apr 201318,73093.964.28$80,213
Mar 201322,61993.623.91$88,505
Feb 201320,05791.233.42$68,593
Jan 201323,29691.603.42$79,670
Dec 201219,21086.773.42$65,701
Nov 201219,82986.953.62$71,879
Oct 201219,87289.383.40$67,558
Sep 201217,95194.672.92$52,388
Aug 201213,53892.662.91$39,371
Jul 201223,69485.133.02$71,575
Jun 201222,89079.822.52$57,661
May 201226,54591.612.49$66,052
Apr 201230,469101.652.00$60,841
Mar 201232,633105.052.22$72,513
Feb 201234,657101.102.57$89,077
Jan 201241,89798.092.73$114,550
Dec 201148,76196.873.24$157,973
Nov 201145,07295.723.31$149,246

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                6,218 Mcf  × $  3.05 =    $18,939

────────────────────────────────────────────────────
Month total                                  $18,939

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/263413 is the state's own key, not one this site invented.