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 263424District 09Field 65280200GasSaveExport
Value, all time
$4.7 M
Nov 2011 – May 2026
Value, last 12 filed months
$137 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
GasProduction1,442,783 Mcf$4,704,300
Total$4,704,300

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 20262,924106.413.05$8,906
Apr 20262,86998.932.87$8,233
Mar 20262,97989.753.15$9,382
Feb 20262,75863.503.75$10,343
Jan 20263,09859.138.00$24,778
Dec 20253,08356.664.41$13,606
Nov 20252,90258.593.93$11,395
Oct 20253,11059.383.30$10,278
Sep 20253,10762.743.08$9,560
Aug 20253,28863.933.01$9,913
Jul 20253,15066.743.32$10,443
Jun 20253,24066.483.13$10,137
May 20253,20860.553.23$10,369
Apr 20252,99662.363.54$10,615
Mar 20253,18067.704.27$13,573
Feb 20253,01370.884.34$13,079
Jan 20253,13674.324.28$13,418
Dec 20243,27468.993.12$10,219
Nov 20243,16969.052.20$6,967
Oct 20243,31971.372.28$7,572
Sep 20243,32569.612.36$7,862
Aug 20243,49475.632.06$7,210
Jul 20243,56879.932.15$7,659
Jun 20243,29878.082.63$8,687
May 20243,07978.812.20$6,769
Apr 20243,06184.451.66$5,079
Mar 20243,27780.301.55$5,063
Feb 20243,13976.091.78$5,599
Jan 20243,29973.023.30$10,879
Dec 20233,43871.262.61$8,976
Nov 20233,34277.892.81$9,383
Oct 20233,38385.443.09$10,444
Sep 20233,28989.042.74$8,996
Aug 20233,40780.522.67$9,107
Jul 20233,51674.852.64$9,289
Jun 20233,42668.962.26$7,738
May 20233,42570.622.23$7,629
Apr 20233,33978.122.24$7,472
Mar 20233,55172.852.39$8,498
Feb 20233,63575.112.47$8,963
Jan 20233,77176.533.39$12,775
Dec 20223,67476.415.73$21,049
Nov 20223,69985.005.65$20,885
Oct 20223,90987.185.86$22,921
Sep 20223,79784.888.16$30,997
Aug 20224,01394.529.13$36,627
Jul 20223,486101.587.54$26,292
Jun 20223,323115.097.98$26,508
May 20223,254109.378.43$27,441
Apr 20223,275104.226.84$22,393
Mar 20223,490108.885.08$17,717
Feb 20223,19891.054.86$15,539
Jan 20223,62281.844.54$16,435
Dec 20213,63771.323.90$14,181
Nov 20213,54077.435.24$18,538
Oct 20213,72779.795.71$21,296
Sep 20213,55669.865.35$19,028
Aug 20213,74766.024.22$15,815
Jul 20213,80670.783.98$15,156
Jun 20213,67069.493.38$12,407
May 20213,94163.483.02$11,893
Apr 20214,21060.362.76$11,613
Mar 20214,52761.302.72$12,300
Feb 20213,58057.805.55$19,862
Jan 20214,19850.412.81$11,798
Dec 20204,70844.642.68$12,596
Nov 20204,42238.772.71$11,968
Oct 20204,63536.972.48$11,488
Sep 20204,28437.091.99$8,530
Aug 20204,33139.982.39$10,330
Jul 20204,75038.371.83$8,669
Jun 20204,05934.901.69$6,861
May 20204,91016.921.81$8,910
Apr 20204,74914.751.80$8,569
Mar 20205,20130.341.86$9,654
Feb 20203,57549.881.98$7,081
Jan 20204,12357.252.09$8,637
Dec 20194,42559.012.30$10,197
Nov 20194,29455.302.75$11,812
Oct 20195,54253.472.42$13,404
Sep 20196,29755.052.66$16,733
Aug 20195,29253.112.30$12,195
Jul 20195,56556.272.46$13,690
Jun 20195,74752.782.49$14,317
May 20196,20058.482.74$16,990
Apr 20195,95462.632.75$16,378
Mar 20196,48456.803.06$19,855
Feb 20195,24550.852.79$14,645
Jan 20195,82846.033.23$18,814
Dec 20185,68446.594.19$23,790
Nov 20186,01452.934.24$25,483
Oct 20186,15761.443.40$20,922
Sep 20185,69059.543.11$17,685
Aug 20186,51659.403.07$19,982
Jul 20186,56265.142.93$19,239
Jun 20186,62860.183.08$20,394
May 20187,07465.382.90$20,520
Apr 20186,80163.842.90$19,728
Mar 20187,18361.222.79$20,018
Feb 20186,73861.782.77$18,638
Jan 20187,74162.874.01$31,036
Dec 20177,52357.272.92$21,979
Nov 20177,41155.423.12$23,110
Oct 20178,03849.292.98$23,983
Sep 20177,69447.523.09$23,754
Aug 20178,14945.373.00$24,483
Jul 20179,01243.873.09$27,823
Jun 20178,24642.493.09$25,458
May 20178,62845.373.26$28,157
Apr 20178,48247.933.21$27,241
Mar 20178,90046.772.98$26,555
Feb 20178,22650.452.95$24,288
Jan 20179,19849.413.42$31,446
Dec 20169,24548.763.72$34,418
Nov 20168,71942.492.64$23,056
Oct 20169,22546.193.09$28,508
Sep 20168,81541.553.10$27,332
Aug 20169,58041.442.92$28,015
Jul 20169,50941.622.92$27,808
Jun 20169,00345.352.69$24,181
May 20169,08642.521.99$18,091
Apr 20168,79836.561.99$17,517
Mar 20168,59533.011.79$15,420
Feb 20168,06726.472.06$16,647
Jan 20168,80627.352.36$20,821
Dec 20158,88932.362.00$17,791
Nov 20158,67638.792.17$18,804
Oct 20159,26343.552.43$22,477
Sep 201510,49342.992.76$28,944
Aug 201512,12840.162.87$34,838
Jul 20159,80648.152.95$28,879
Jun 20159,66956.152.88$27,874
May 201511,34155.212.96$33,518
Apr 201510,75149.822.71$29,098
Mar 201511,65142.892.93$34,192
Feb 201510,06444.662.98$29,952
Jan 201511,41543.433.10$35,394
Dec 201411,58654.693.59$41,610
Nov 201411,41670.464.25$48,539
Oct 201411,61078.303.90$45,290
Sep 201411,39586.164.05$46,098
Aug 201412,04489.394.04$48,599
Jul 201412,45796.564.18$52,065
Jun 201412,38098.164.74$58,643
May 201413,75194.734.73$64,995
Apr 201413,62295.944.81$65,510
Mar 20145,77795.895.06$29,213
Feb 20149,28897.406.19$57,511
Jan 20148,93090.404.86$43,406
Dec 201313,16891.824.35$57,340
Nov 201312,73688.853.74$47,611
Oct 201313,75697.423.78$51,989
Sep 201313,682104.113.72$50,866
Aug 201314,979104.253.52$52,765
Jul 201316,708102.523.72$62,116
Jun 201310,98594.403.93$43,209
May 201312,80794.834.15$53,137
Apr 201313,48893.964.28$57,764
Mar 201317,26993.623.91$67,571
Feb 201315,16691.233.42$51,866
Jan 201317,04491.603.42$58,289
Dec 201219,90986.773.42$68,092
Nov 201219,35186.953.62$70,147
Oct 201217,89789.383.40$60,844
Sep 201219,46194.672.92$56,795
Aug 201222,67892.662.91$65,951
Jul 201223,00785.133.02$69,500
Jun 201222,21779.822.52$55,966
May 201225,43691.612.49$63,293
Apr 201227,895101.652.00$55,701
Mar 201230,776105.052.22$68,387
Feb 201231,881101.102.57$81,942
Jan 201240,07898.092.73$109,576
Dec 201140,03596.873.24$129,703
Nov 201143,86595.723.31$145,249

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                2,924 Mcf  × $  3.05 =     $8,906

────────────────────────────────────────────────────
Month total                                   $8,906

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/263424 is the state's own key, not one this site invented.