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 263445District 09Field 65280200GasSaveExport
Value, all time
$5.8 M
Nov 2011 – May 2026
Value, last 12 filed months
$212 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
GasProduction1,682,894 Mcf$5,786,113
Total$5,786,113

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 20264,534106.413.05$13,810
Apr 20264,34798.932.87$12,475
Mar 20263,91989.753.15$12,343
Feb 20262,95863.503.75$11,093
Jan 20263,85559.138.00$30,832
Dec 20255,07856.664.41$22,411
Nov 20255,31658.593.93$20,873
Oct 20255,23459.383.30$17,298
Sep 20255,41662.743.08$16,665
Aug 20255,47163.933.01$16,494
Jul 20256,09866.743.32$20,216
Jun 20255,47466.483.13$17,127
May 20254,77960.553.23$15,447
Apr 20253,43262.363.54$12,160
Mar 20251,38667.704.27$5,916
Feb 20254,41970.884.34$19,182
Jan 20255,36274.324.28$22,942
Dec 20244,30368.993.12$13,431
Nov 20242,58469.052.20$5,681
Oct 20245,88571.372.28$13,426
Sep 20246,72169.612.36$15,891
Aug 20246,00575.632.06$12,392
Jul 20245,65979.932.15$12,148
Jun 20245,02478.082.63$13,233
May 20244,51078.812.20$9,915
Apr 20242,43784.451.66$4,043
Mar 20243,51380.301.55$5,428
Feb 20241,51676.091.78$2,704
Jan 20244,02973.023.30$13,286
Dec 20238,91871.262.61$23,282
Nov 20239,22077.892.81$25,886
Oct 20238,24685.443.09$25,458
Sep 20237,34989.042.74$20,100
Aug 20236,32680.522.67$16,909
Jul 20233,15974.852.64$8,345
Jun 20236,21468.962.26$14,034
May 20236,39170.622.23$14,235
Apr 20239,21978.122.24$20,630
Mar 20239,39072.852.39$22,472
Feb 20235,18075.112.47$12,772
Jan 20238,61276.533.39$29,175
Dec 20227,50576.415.73$42,997
Nov 202210,00385.005.65$56,479
Oct 202210,94587.185.86$64,179
Sep 202211,44884.888.16$93,458
Aug 202211,27394.529.13$102,890
Jul 202210,621101.587.54$80,104
Jun 202210,421115.097.98$83,130
May 20228,912109.378.43$75,155
Apr 20224,901104.226.84$33,511
Mar 20227,382108.885.08$37,474
Feb 20223,48391.054.86$16,923
Jan 20226,88281.844.54$31,228
Dec 20217,45271.323.90$29,056
Nov 20218,74877.435.24$45,812
Oct 20219,38479.795.71$53,619
Sep 20218,54269.865.35$45,708
Aug 20216,60766.024.22$27,885
Jul 20216,69570.783.98$26,660
Jun 20214,95969.493.38$16,764
May 20218,05663.483.02$24,310
Apr 20217,12160.362.76$19,643
Mar 20216,27861.302.72$17,057
Feb 20215,41357.805.55$30,031
Jan 202110,14050.412.81$28,496
Dec 202010,09944.642.68$27,019
Nov 20208,94638.772.71$24,213
Oct 202010,81536.972.48$26,804
Sep 202010,39237.091.99$20,691
Aug 202010,81339.982.39$25,790
Jul 202011,10438.371.83$20,266
Jun 202011,79434.901.69$19,936
May 202011,68516.921.81$21,205
Apr 202011,14014.751.80$20,101
Mar 202013,98630.341.86$25,961
Feb 202014,12349.881.98$27,973
Jan 202015,83257.252.09$33,164
Dec 201917,09759.012.30$39,398
Nov 201922,36655.302.75$61,522
Oct 20197,88153.472.42$19,061
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 201658542.521.99$1,165
Apr 201673936.561.99$1,471
Mar 201667333.011.79$1,207
Feb 20162,44126.472.06$5,037
Jan 20164,15127.352.36$9,814
Dec 201530032.362.00$600
Nov 201513,11638.792.17$28,427
Oct 201515,12643.552.43$36,704
Sep 20154,22042.992.76$11,641
Aug 20158,83940.162.87$25,390
Jul 201511,00848.152.95$32,419
Jun 201516,53856.152.88$47,677
May 20158,76255.212.96$25,896
Apr 2015049.822.71$0
Mar 20153,27742.892.93$9,617
Feb 20154,77144.662.98$14,199
Jan 20155,03243.433.10$15,602
Dec 201415,48654.693.59$55,616
Nov 201417,30470.464.25$73,574
Oct 201419,15378.303.90$74,715
Sep 201417,84686.164.05$72,195
Aug 201418,21589.394.04$73,500
Jul 201419,52896.564.18$81,619
Jun 201418,99098.164.74$89,953
May 20147,36694.734.73$34,816
Apr 20141,74295.944.81$8,377
Mar 201418,05595.895.06$91,301
Feb 201418,43997.406.19$114,174
Jan 201422,76690.404.86$110,659
Dec 201320,48591.824.35$89,202
Nov 201319,74588.853.74$73,812
Oct 201320,78397.423.78$78,546
Sep 201326,415104.113.72$98,204
Aug 201327,863104.253.52$98,150
Jul 201323,964102.523.72$89,092
Jun 201329,48194.403.93$115,961
May 201332,88494.834.15$136,438
Apr 201334,49193.964.28$147,711
Mar 201325,36693.623.91$99,254
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012989.383.40$31
Sep 201218,55094.672.92$54,136
Aug 201235,12592.662.91$102,149
Jul 201238,70585.133.02$116,920
Jun 201239,53679.822.52$99,593
May 201243,63791.612.49$108,583
Apr 201242,995101.652.00$85,852
Mar 201229,550105.052.22$65,662
Feb 201255,182101.102.57$141,831
Jan 201267,35498.092.73$184,151
Dec 201185,82496.873.24$278,047
Nov 201171,75095.723.31$237,584

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                4,534 Mcf  × $  3.05 =    $13,810

────────────────────────────────────────────────────
Month total                                  $13,810

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/263445 is the state's own key, not one this site invented.