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 264319District 09Field 65280200GasSaveExport
Value, all time
$4.7 M
Nov 2011 – May 2026
Value, last 12 filed months
$58 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
GasProduction1,433,105 Mcf$4,718,527
Total$4,718,527

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 20262,981106.413.05$9,080
Apr 20261,07198.932.87$3,073
Mar 20261,11389.753.15$3,505
Feb 20261,05563.503.75$3,957
Jan 20261,18159.138.00$9,446
Dec 20251,19456.664.41$5,270
Nov 20251,14858.593.93$4,508
Oct 20251,21259.383.30$4,005
Sep 20251,16762.743.08$3,591
Aug 20251,22063.933.01$3,678
Jul 20251,21966.743.32$4,041
Jun 20251,18766.483.13$3,714
May 20251,20360.553.23$3,888
Apr 20251,16562.363.54$4,128
Mar 20251,16167.704.27$4,956
Feb 20251,01770.884.34$4,415
Jan 20251,26074.324.28$5,391
Dec 20241,32868.993.12$4,145
Nov 20241,28969.052.20$2,834
Oct 20241,34871.372.28$3,075
Sep 20241,30369.612.36$3,081
Aug 20241,34675.632.06$2,778
Jul 20241,37979.932.15$2,960
Jun 20241,31978.082.63$3,474
May 20241,32078.812.20$2,902
Apr 20241,25684.451.66$2,084
Mar 20241,29980.301.55$2,007
Feb 20241,23376.091.78$2,199
Jan 20241,32873.023.30$4,379
Dec 20231,42171.262.61$3,710
Nov 20231,39877.892.81$3,925
Oct 20231,80585.443.09$5,573
Sep 20232,98889.042.74$8,172
Aug 20233,19680.522.67$8,543
Jul 20233,38974.852.64$8,953
Jun 20233,72868.962.26$8,420
May 20232,76970.622.23$6,168
Apr 20233,34378.122.24$7,481
Mar 20233,72972.852.39$8,924
Feb 20233,76175.112.47$9,273
Jan 20234,25776.533.39$14,422
Dec 20224,06976.415.73$23,312
Nov 20224,05085.005.65$22,867
Oct 20224,30587.185.86$25,243
Sep 20224,20184.888.16$34,296
Aug 20224,18894.529.13$38,225
Jul 20224,435101.587.54$33,449
Jun 20224,120115.097.98$32,866
May 20224,496109.378.43$37,915
Apr 20223,948104.226.84$26,995
Mar 20223,994108.885.08$20,275
Feb 20221,60391.054.86$7,789
Jan 20221,55981.844.54$7,074
Dec 20212,57871.323.90$10,052
Nov 20215,40877.435.24$28,321
Oct 202111,23179.795.71$64,172
Sep 20214,29069.865.35$22,955
Aug 20214,38666.024.22$18,512
Jul 20214,44870.783.98$17,712
Jun 20216,04969.493.38$20,449
May 20216,24163.483.02$18,833
Apr 20215,56160.362.76$15,340
Mar 20215,40261.302.72$14,677
Feb 20215,15057.805.55$28,572
Jan 20215,96850.412.81$16,772
Dec 20206,03344.642.68$16,141
Nov 20205,44838.772.71$14,745
Oct 20205,55436.972.48$13,765
Sep 20205,40437.091.99$10,760
Aug 20205,62139.982.39$13,407
Jul 20206,85738.371.83$12,515
Jun 202012,60034.901.69$21,298
May 202011,47516.921.81$20,824
Apr 20205,56214.751.80$10,036
Mar 20204,37530.341.86$8,121
Feb 20203,86149.881.98$7,647
Jan 20203,44757.252.09$7,221
Dec 20194,98759.012.30$11,492
Nov 20195,47955.302.75$15,071
Oct 20195,71353.472.42$13,817
Sep 20196,27755.052.66$16,680
Aug 20196,65553.112.30$15,336
Jul 20196,49456.272.46$15,976
Jun 20197,87152.782.49$19,608
May 20195,17558.482.74$14,181
Apr 20191,70762.632.75$4,695
Mar 20193,42456.803.06$10,485
Feb 20196,08650.852.79$16,993
Jan 20195,72746.033.23$18,488
Dec 20185,50946.594.19$23,058
Nov 20185,98152.934.24$25,343
Oct 20186,28161.443.40$21,343
Sep 20186,33059.543.11$19,674
Aug 20185,94859.403.07$18,240
Jul 20185,22865.142.93$15,328
Jun 20186,16760.183.08$18,975
May 20187,68165.382.90$22,281
Apr 20188,69663.842.90$25,225
Mar 20189,06361.222.79$25,257
Feb 20187,68961.782.77$21,269
Jan 20189,47662.874.01$37,992
Dec 20179,72957.272.92$28,423
Nov 20179,12855.423.12$28,464
Oct 20178,49249.292.98$25,337
Sep 20178,94647.523.09$27,619
Aug 20179,14545.373.00$27,475
Jul 20178,33043.873.09$25,717
Jun 20178,84342.493.09$27,301
May 20178,71345.373.26$28,434
Apr 20179,43547.933.21$30,301
Mar 201710,27846.772.98$30,666
Feb 20179,04650.452.95$26,709
Jan 20178,99449.413.42$30,749
Dec 201610,68348.763.72$39,771
Nov 20169,25342.492.64$24,468
Oct 201611,13546.193.09$34,410
Sep 201611,71141.553.10$36,311
Aug 201610,72341.442.92$31,358
Jul 201611,48241.622.92$33,577
Jun 201611,12745.352.69$29,885
May 20169,43442.521.99$18,783
Apr 20168,68436.561.99$17,290
Mar 20166,59033.011.79$11,823
Feb 20167,11026.472.06$14,672
Jan 20168,04727.352.36$19,026
Dec 20156,09932.362.00$12,207
Nov 20154,88638.792.17$10,590
Oct 20155,65243.552.43$13,715
Sep 20154,79842.992.76$13,235
Aug 20153,26440.162.87$9,376
Jul 20156,31648.152.95$18,601
Jun 20158,06156.152.88$23,239
May 20159,36255.212.96$27,669
Apr 20159,06349.822.71$24,530
Mar 20159,84042.892.93$28,878
Feb 20158,86144.662.98$26,372
Jan 20159,70043.433.10$30,076
Dec 20149,93854.693.59$35,691
Nov 20149,67870.464.25$41,149
Oct 201410,43078.303.90$40,687
Sep 201410,07486.164.05$40,754
Aug 201410,85789.394.04$43,809
Jul 201411,08896.564.18$46,343
Jun 201410,87698.164.74$51,518
May 201411,91494.734.73$56,312
Apr 201411,52795.944.81$55,435
Mar 201412,06095.895.06$60,985
Feb 201411,19397.406.19$69,307
Jan 201412,24190.404.86$59,500
Dec 201310,14991.824.35$44,194
Nov 201312,37788.853.74$46,269
Oct 201312,80197.423.78$48,380
Sep 201312,434104.113.72$46,226
Aug 201315,849104.253.52$55,830
Jul 201316,064102.523.72$59,722
Jun 201316,19094.403.93$63,682
May 201317,51594.834.15$72,671
Apr 201318,41293.964.28$78,851
Mar 201311,20593.623.91$43,844
Feb 201312,33791.233.42$42,191
Jan 201320,60591.603.42$70,467
Dec 201220,96986.773.42$71,717
Nov 201223,17486.953.62$84,005
Oct 201213,71489.383.40$46,623
Sep 201218,44594.672.92$53,830
Aug 201222,61392.662.91$65,762
Jul 201223,71285.133.02$71,629
Jun 201223,79679.822.52$59,943
May 201226,04691.612.49$64,811
Apr 201228,720101.652.00$57,348
Mar 201231,866105.052.22$70,809
Feb 201234,471101.102.57$88,599
Jan 201242,72898.092.73$116,822
Dec 201151,78696.873.24$167,773
Nov 201141,64495.723.31$137,895

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                2,981 Mcf  × $  3.05 =     $9,080

────────────────────────────────────────────────────
Month total                                   $9,080

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/264319 is the state's own key, not one this site invented.