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 264732District 09Field 65280200GasSaveExport
Value, all time
$7.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$246 k
at the published price for each month
Months reported
176
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
GasProduction2,319,632 Mcf$7,565,211
Total$7,565,211

Every month this lease reported (176)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

176 months

May 20266,147106.413.05$18,723
Apr 20265,87898.932.87$16,868
Mar 20266,15989.753.15$19,397
Feb 20265,55163.503.75$20,818
Jan 20265,55759.138.00$44,444
Dec 20255,08756.664.41$22,451
Nov 20254,89458.593.93$19,216
Oct 20255,14059.383.30$16,987
Sep 20255,29762.743.08$16,298
Aug 20255,33663.933.01$16,087
Jul 20255,49566.743.32$18,217
Jun 20255,13866.483.13$16,075
May 20255,42060.553.23$17,519
Apr 20255,32162.363.54$18,853
Mar 20255,61867.704.27$23,979
Feb 20254,99370.884.34$21,674
Jan 20255,72174.324.28$24,478
Dec 20245,76468.993.12$17,992
Nov 20245,69769.052.20$12,525
Oct 20246,00271.372.28$13,693
Sep 20245,91069.612.36$13,973
Aug 20246,17875.632.06$12,749
Jul 20246,49979.932.15$13,951
Jun 20246,29278.082.63$16,573
May 20246,84778.812.20$15,053
Apr 20246,47184.451.66$10,737
Mar 20246,51880.301.55$10,071
Feb 20246,04476.091.78$10,780
Jan 20246,54873.023.30$21,593
Dec 20237,01071.262.61$18,301
Nov 20236,81177.892.81$19,122
Oct 20236,42385.443.09$19,830
Sep 20236,24589.042.74$17,080
Aug 20236,75580.522.67$18,055
Jul 20236,93074.852.64$18,308
Jun 20236,27368.962.26$14,167
May 20236,06370.622.23$13,505
Apr 20236,62378.122.24$14,821
Mar 20236,97372.852.39$16,688
Feb 20236,54975.112.47$16,148
Jan 20237,29976.533.39$24,727
Dec 20227,91876.415.73$45,363
Nov 20227,75185.005.65$43,764
Oct 20228,07087.185.86$47,321
Sep 20227,75084.888.16$63,269
Aug 20227,96794.529.13$72,716
Jul 20227,605101.587.54$57,358
Jun 20227,605115.097.98$60,667
May 20227,728109.378.43$65,171
Apr 20226,698104.226.84$45,798
Mar 20227,898108.885.08$40,093
Feb 20223,64791.054.86$17,720
Jan 20221,27181.844.54$5,767
Dec 20216,62871.323.90$25,843
Nov 20216,59577.435.24$34,537
Oct 20217,36579.795.71$42,083
Sep 20217,23369.865.35$38,703
Aug 20217,75566.024.22$32,731
Jul 20218,01670.783.98$31,920
Jun 20217,78369.493.38$26,311
May 20218,53963.483.02$25,768
Apr 20218,20260.362.76$22,625
Mar 20218,85961.302.72$24,069
Feb 20217,86457.805.55$43,629
Jan 20218,93350.412.81$25,104
Dec 20209,07944.642.68$24,291
Nov 20208,54738.772.71$23,133
Oct 20209,00536.972.48$22,318
Sep 20208,86237.091.99$17,645
Aug 20208,81639.982.39$21,027
Jul 20208,25838.371.83$15,072
Jun 20208,17334.901.69$13,815
May 20208,73916.921.81$15,859
Apr 20208,85314.751.80$15,974
Mar 20209,86230.341.86$18,306
Feb 20209,41449.881.98$18,646
Jan 20209,90557.252.09$20,748
Dec 20199,91759.012.30$22,852
Nov 20199,33055.302.75$25,664
Oct 20199,44253.472.42$22,836
Sep 20199,30455.052.66$24,723
Aug 20199,43253.112.30$21,735
Jul 201910,01656.272.46$24,640
Jun 20199,95852.782.49$24,807
May 201911,40358.482.74$31,248
Apr 201911,07862.632.75$30,472
Mar 201911,56356.803.06$35,407
Feb 201910,06950.852.79$28,115
Jan 201910,80946.033.23$34,893
Dec 201810,98446.594.19$45,973
Nov 201810,77052.934.24$45,635
Oct 201811,31361.443.40$38,442
Sep 201810,98459.543.11$34,138
Aug 201811,50159.403.07$35,269
Jul 201811,47065.142.93$33,629
Jun 201810,06960.183.08$30,982
May 201811,75665.382.90$34,102
Apr 201811,55163.842.90$33,507
Mar 201812,17561.222.79$33,930
Feb 201811,00261.782.77$30,433
Jan 201811,67162.874.01$46,793
Dec 201712,49757.272.92$36,510
Nov 201712,16155.423.12$37,922
Oct 201712,73249.292.98$37,988
Sep 201712,38847.523.09$38,245
Aug 201713,13445.373.00$39,460
Jul 201713,67543.873.09$42,219
Jun 201713,33542.493.09$41,169
May 201713,24345.373.26$43,217
Apr 201713,42547.933.21$43,116
Mar 201713,94346.772.98$41,601
Feb 201712,17250.452.95$35,939
Jan 201714,09749.413.42$48,195
Dec 201614,21748.763.72$52,927
Nov 201613,78942.492.64$36,463
Oct 201614,67046.193.09$45,334
Sep 201614,88641.553.10$46,156
Aug 201614,88541.442.92$43,529
Jul 201614,84041.622.92$43,397
Jun 201614,70945.352.69$39,506
May 201615,80942.521.99$31,476
Apr 201615,47136.561.99$30,803
Mar 201615,98533.011.79$28,677
Feb 201614,77026.472.06$30,480
Jan 201614,96327.352.36$35,378
Dec 201515,64532.362.00$31,312
Nov 201515,77538.792.17$34,190
Oct 201516,25943.552.43$39,454
Sep 201516,15942.992.76$44,573
Aug 201516,87940.162.87$48,485
Jul 201517,25748.152.95$50,823
Jun 201517,40156.152.88$50,165
May 201518,90855.212.96$55,882
Apr 201518,10449.822.71$49,000
Mar 201518,47042.892.93$54,204
Feb 201517,64244.662.98$52,506
Jan 201517,88143.433.10$55,442
Dec 201410,10454.693.59$36,287
Nov 201411,14970.464.25$47,404
Oct 201411,23778.303.90$43,835
Sep 201415,56486.164.05$62,963
Aug 201417,15389.394.04$69,214
Jul 201417,38696.564.18$72,667
Jun 201416,85498.164.74$79,835
May 201417,59794.734.73$83,173
Apr 201417,63095.944.81$84,785
Mar 201418,57895.895.06$93,945
Feb 201417,47997.406.19$108,230
Jan 201419,15990.404.86$93,127
Dec 201319,67591.824.35$85,674
Nov 201319,09688.853.74$71,386
Oct 201320,28497.423.78$76,661
Sep 201320,562104.113.72$76,444
Aug 201320,837104.253.52$73,401
Jul 201321,431102.523.72$79,675
Jun 201319,19394.403.93$75,494
May 201324,71794.834.15$102,553
Apr 201328,21393.964.28$120,825
Mar 201330,41393.623.91$119,002
Feb 20134,72091.233.42$16,142
Jan 20134,61491.603.42$15,779
Dec 20123,84986.773.42$13,164
Nov 20123,70786.953.62$13,438
Oct 201213,72989.383.40$46,674
Sep 201231,31294.672.92$91,381
Aug 201234,05792.662.91$99,043
Jul 201238,07385.133.02$115,011
Jun 201238,05579.822.52$95,862
May 201241,18891.612.49$102,489
Apr 201242,687101.652.00$85,237
Mar 201249,211105.052.22$109,351
Feb 201250,935101.102.57$130,915
Jan 201259,75298.092.73$163,367
Dec 201171,06096.873.24$230,216
Nov 201171,22895.723.31$235,856
Oct 201116,73284.983.65$61,047

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                6,147 Mcf  × $  3.05 =    $18,723

────────────────────────────────────────────────────
Month total                                  $18,723

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/264732 is the state's own key, not one this site invented.