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 263468District 09Field 65280200GasSaveExport
Value, all time
$4.6 M
Nov 2011 – May 2026
Value, last 12 filed months
$184 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
GasProduction1,401,282 Mcf$4,586,714
Total$4,586,714

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 20263,297106.413.05$10,042
Apr 20263,55398.932.87$10,196
Mar 20263,63489.753.15$11,445
Feb 20264,21263.503.75$15,796
Jan 20263,32559.138.00$26,593
Dec 20253,93356.664.41$17,358
Nov 20254,24458.593.93$16,664
Oct 20254,65459.383.30$15,381
Sep 20254,33662.743.08$13,342
Aug 20254,90063.933.01$14,772
Jul 20254,79466.743.32$15,893
Jun 20255,13266.483.13$16,057
May 20255,12760.553.23$16,572
Apr 20256,15162.363.54$21,794
Mar 20256,33267.704.27$27,027
Feb 20254,39770.884.34$19,087
Jan 20254,21674.324.28$18,039
Dec 20244,41468.993.12$13,778
Nov 20243,90269.052.20$8,578
Oct 20241,08571.372.28$2,475
Sep 202433369.612.36$787
Aug 202456775.632.06$1,170
Jul 202466279.932.15$1,421
Jun 20241,63778.082.63$4,312
May 20244,38178.812.20$9,631
Apr 20244,97184.451.66$8,248
Mar 20244,95780.301.55$7,659
Feb 20246,25476.091.78$11,155
Jan 20242,06373.023.30$6,803
Dec 20232,76071.262.61$7,206
Nov 20232,63177.892.81$7,387
Oct 20233,53885.443.09$10,923
Sep 20232,70189.042.74$7,387
Aug 20233,21180.522.67$8,583
Jul 20235,98974.852.64$15,822
Jun 20233,95168.962.26$8,923
May 20234,13070.622.23$9,199
Apr 20233,95078.122.24$8,839
Mar 20234,06172.852.39$9,719
Feb 20233,87375.112.47$9,550
Jan 20234,28276.533.39$14,506
Dec 20224,56376.415.73$26,142
Nov 20224,28785.005.65$24,205
Oct 20224,43087.185.86$25,976
Sep 20225,12284.888.16$41,814
Aug 20224,53194.529.13$41,355
Jul 20224,778101.587.54$36,036
Jun 20224,558115.097.98$36,360
May 20225,520109.378.43$46,550
Apr 20224,965104.226.84$33,949
Mar 20225,669108.885.08$28,778
Feb 20225,38891.054.86$26,179
Jan 20226,52781.844.54$29,617
Dec 20215,17471.323.90$20,174
Nov 20215,44777.435.24$28,525
Oct 20215,12379.795.71$29,272
Sep 20215,35769.865.35$28,665
Aug 20215,66966.024.22$23,927
Jul 20215,32270.783.98$21,193
Jun 20218,35969.493.38$28,259
May 20217,38763.483.02$22,292
Apr 20215,67760.362.76$15,660
Mar 20215,56161.302.72$15,109
Feb 20214,23257.805.55$23,479
Jan 20216,27150.412.81$17,623
Dec 20206,28444.642.68$16,813
Nov 20206,26538.772.71$16,957
Oct 20206,78236.972.48$16,809
Sep 20206,43737.091.99$12,816
Aug 20206,62639.982.39$15,804
Jul 20207,76638.371.83$14,174
Jun 20208,33034.901.69$14,080
May 20209,71516.921.81$17,630
Apr 20209,26814.751.80$16,723
Mar 202010,10130.341.86$18,750
Feb 202010,33749.881.98$20,474
Jan 202012,12157.252.09$25,390
Dec 201914,41759.012.30$33,222
Nov 201923,36355.302.75$64,265
Oct 201914,97753.472.42$36,222
Sep 20199,62555.052.66$25,576
Aug 20197,22853.112.30$16,656
Jul 20194,70356.272.46$11,570
Jun 20193,16552.782.49$7,885
May 20193558.482.74$96
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 20164142.492.64$108
Oct 201613,52746.193.09$41,802
Sep 20161,12041.553.10$3,473
Aug 201668141.442.92$1,991
Jul 20169,74441.622.92$28,495
Jun 20165,83645.352.69$15,675
May 20167,06442.521.99$14,065
Apr 20169,43536.561.99$18,785
Mar 20169,14233.011.79$16,401
Feb 20166,53626.472.06$13,488
Jan 20162,51727.352.36$5,951
Dec 20157,22632.362.00$14,462
Nov 20157,29138.792.17$15,802
Oct 20158,56143.552.43$20,774
Sep 201510,57542.992.76$29,170
Aug 20158,50140.162.87$24,419
Jul 20159,84248.152.95$28,985
Jun 201510,31056.152.88$29,722
May 201596055.212.96$2,837
Apr 201554349.822.71$1,470
Mar 20157,02542.892.93$20,616
Feb 20154,42744.662.98$13,176
Jan 201515,72943.433.10$48,770
Dec 201412,92054.693.59$46,400
Nov 201414,10970.464.25$59,989
Oct 201411,58978.303.90$45,208
Sep 201411,67786.164.05$47,239
Aug 201412,92089.394.04$52,134
Jul 201413,71596.564.18$57,323
Jun 201415,18998.164.74$71,948
May 20141,37094.734.73$6,475
Apr 20146,48195.944.81$31,168
Mar 201412,55895.895.06$63,503
Feb 201411,88997.406.19$73,617
Jan 201413,04490.404.86$63,403
Dec 201315,57491.824.35$67,817
Nov 201315,47288.853.74$57,839
Oct 201315,65797.423.78$59,173
Sep 201315,657104.113.72$58,209
Aug 201316,834104.253.52$59,300
Jul 201318,011102.523.72$66,960
Jun 201317,35994.403.93$68,280
May 201319,95194.834.15$82,778
Apr 201322,84193.964.28$97,819
Mar 201327,93893.623.91$109,318
Feb 20139,20991.233.42$31,494
Jan 20137,78691.603.42$26,627
Dec 2012086.773.42$0
Nov 20129386.953.62$337
Oct 20126,92589.383.40$23,543
Sep 201223,65894.672.92$69,044
Aug 201220,56392.662.91$59,800
Jul 201227,17885.133.02$82,099
Jun 201228,33479.822.52$71,374
May 201233,39091.612.49$83,085
Apr 201237,981101.652.00$75,840
Mar 201243,928105.052.22$97,612
Feb 201242,155101.102.57$108,348
Jan 201255,43098.092.73$151,550
Dec 201170,99496.873.24$230,002
Nov 201150,26895.723.31$166,451

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                3,297 Mcf  × $  3.05 =    $10,042

────────────────────────────────────────────────────
Month total                                  $10,042

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/263468 is the state's own key, not one this site invented.