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 263473District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Nov 2011 – May 2026
Value, last 12 filed months
$0
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
GasProduction1,110,843 Mcf$3,477,415
Total$3,477,415

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022176.415.73$6
Nov 202233085.005.65$1,863
Oct 202271387.185.86$4,181
Sep 20222,98684.888.16$24,377
Aug 20222,81194.529.13$25,656
Jul 20222,123101.587.54$16,012
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 20217,79771.323.90$30,401
Nov 202110,14477.435.24$53,123
Oct 202110,90279.795.71$62,293
Sep 20219,09769.865.35$48,677
Aug 202110,22066.024.22$43,134
Jul 20216,07170.783.98$24,175
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 20216,31560.362.76$17,419
Mar 20216,13461.302.72$16,666
Feb 20215,12157.805.55$28,411
Jan 20218,68250.412.81$24,399
Dec 20208,46544.642.68$22,648
Nov 20208,40538.772.71$22,749
Oct 202012,50536.972.48$30,993
Sep 202011,36937.091.99$22,636
Aug 202011,64439.982.39$27,772
Jul 202010,50338.371.83$19,169
Jun 202011,00434.901.69$18,600
May 202013,76116.921.81$24,973
Apr 202012,97114.751.80$23,405
Mar 202014,11730.341.86$26,204
Feb 202014,17449.881.98$28,074
Jan 202014,44457.252.09$30,256
Dec 201916,84159.012.30$38,808
Nov 201919,37755.302.75$53,300
Oct 201918,19153.472.42$43,996
Sep 201917,24855.052.66$45,833
Aug 201912,81653.112.30$29,533
Jul 201911556.272.46$283
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 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201682727.352.36$1,955
Dec 201579732.362.00$1,595
Nov 201512538.792.17$271
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 201570848.152.95$2,085
Jun 201580156.152.88$2,309
May 201580755.212.96$2,385
Apr 201567649.822.71$1,830
Mar 201561342.892.93$1,799
Feb 201573044.662.98$2,173
Jan 201576443.433.10$2,369
Dec 201482754.693.59$2,970
Nov 201479770.464.25$3,389
Oct 20146,82578.303.90$26,624
Sep 201416,32986.164.05$66,058
Aug 201417,27489.394.04$69,703
Jul 201417,08296.564.18$71,396
Jun 201479098.164.74$3,742
May 20149,53794.734.73$45,077
Apr 201439295.944.81$1,885
Mar 201410,21495.895.06$51,650
Feb 20148,50397.406.19$52,651
Jan 201420,43490.404.86$99,324
Dec 20135,60691.824.35$24,411
Nov 20135,23988.853.74$19,585
Oct 201338997.423.78$1,470
Sep 201318,546104.113.72$68,949
Aug 201328,694104.253.52$101,078
Jul 20133,111102.523.72$11,566
Jun 201324,55494.403.93$96,581
May 201333,84094.834.15$140,405
Apr 201329,53493.964.28$126,482
Mar 201354093.623.91$2,113
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012594.672.92$15
Aug 201226,72992.662.91$77,732
Jul 201235,50485.133.02$107,250
Jun 201237,02379.822.52$93,262
May 201243,46691.612.49$108,157
Apr 201249,872101.652.00$99,584
Mar 201256,620105.052.22$125,814
Feb 201258,088101.102.57$149,300
Jan 201273,34998.092.73$200,542
Dec 201191,20096.873.24$295,464
Nov 201155,68595.723.31$184,389

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.

Dec 2022 — as filed, then multipliedworked
Gas                    1 Mcf  × $  5.73 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/263473 is the state's own key, not one this site invented.