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 264733District 09Field 65280200GasSaveExport
Value, all time
$5.2 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
GasProduction1,579,780 Mcf$5,150,725
Total$5,150,725

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 20247169.612.36$168
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 202441678.082.63$1,096
May 20245,13578.812.20$11,289
Apr 20246,47684.451.66$10,745
Mar 20247,66880.301.55$11,848
Feb 20243,09076.091.78$5,511
Jan 20243,23173.023.30$10,655
Dec 20233,55371.262.61$9,276
Nov 20233,61177.892.81$10,138
Oct 20233,68985.443.09$11,389
Sep 20233,55389.042.74$9,718
Aug 20233,69280.522.67$9,868
Jul 20233,86374.852.64$10,205
Jun 20233,66468.962.26$8,275
May 20233,52970.622.23$7,860
Apr 20233,56378.122.24$7,973
Mar 20233,78972.852.39$9,068
Feb 20233,41075.112.47$8,408
Jan 20233,93376.533.39$13,324
Dec 20224,06176.415.73$23,266
Nov 20224,00085.005.65$22,585
Oct 20224,13987.185.86$24,270
Sep 20224,04384.888.16$33,006
Aug 20224,24994.529.13$38,781
Jul 20224,182101.587.54$31,541
Jun 20224,117115.097.98$32,842
May 20224,476109.378.43$37,746
Apr 20224,078104.226.84$27,884
Mar 20224,133108.885.08$20,981
Feb 20223,45091.054.86$16,763
Jan 20223,45981.844.54$15,696
Dec 20216,80971.323.90$26,549
Nov 20216,29277.435.24$32,950
Oct 20213,37479.795.71$19,279
Sep 20212,03169.865.35$10,868
Aug 2021066.024.22$0
Jul 202127070.783.98$1,075
Jun 2021069.493.38$0
May 20211,75063.483.02$5,281
Apr 202112,38260.362.76$34,155
Mar 202112,29561.302.72$33,405
Feb 20219,32057.805.55$51,707
Jan 20211,83250.412.81$5,148
Dec 20203,01144.642.68$8,056
Nov 20204,94238.772.71$13,376
Oct 20205,56436.972.48$13,790
Sep 20205,20537.091.99$10,363
Aug 20209,21839.982.39$21,986
Jul 202012,43838.371.83$22,701
Jun 202013,50534.901.69$22,828
May 202014,57816.921.81$26,455
Apr 20205,51114.751.80$9,944
Mar 20204,16130.341.86$7,724
Feb 20205,13449.881.98$10,169
Jan 20205,39557.252.09$11,301
Dec 20197,22659.012.30$16,651
Nov 201912,00255.302.75$33,014
Oct 20195,90753.472.42$14,286
Sep 20197,90355.052.66$21,000
Aug 20196,95953.112.30$16,036
Jul 20195,19056.272.46$12,768
Jun 20194,89052.782.49$12,182
May 20194,31658.482.74$11,827
Apr 20193,99062.632.75$10,975
Mar 20195,05256.803.06$15,470
Feb 20193,61950.852.79$10,105
Jan 20194,54246.033.23$14,662
Dec 20183,37046.594.19$14,105
Nov 20184,80852.934.24$20,373
Oct 20184,69861.443.40$15,964
Sep 20184,95559.543.11$15,400
Aug 20185,68259.403.07$17,424
Jul 20185,32965.142.93$15,624
Jun 20184,52760.183.08$13,929
May 20184,99965.382.90$14,501
Apr 20185,09063.842.90$14,765
Mar 20185,28161.222.79$14,717
Feb 20184,15661.782.77$11,496
Jan 20185,04262.874.01$20,215
Dec 20175,06257.272.92$14,789
Nov 20174,78655.423.12$14,924
Oct 20175,12549.292.98$15,291
Sep 20175,29047.523.09$16,332
Aug 20175,81545.373.00$17,471
Jul 20176,37043.873.09$19,666
Jun 20176,45942.493.09$19,941
May 20176,99745.373.26$22,834
Apr 20177,09647.933.21$22,790
Mar 20177,55546.772.98$22,542
Feb 20177,07550.452.95$20,890
Jan 20179,09549.413.42$31,094
Dec 20168,57548.763.72$31,923
Nov 20167,97542.492.64$21,089
Oct 20168,63946.193.09$26,697
Sep 20168,58941.553.10$26,631
Aug 20169,25141.442.92$27,053
Jul 20169,38541.622.92$27,445
Jun 20169,64245.352.69$25,897
May 20169,70542.521.99$19,323
Apr 20168,93236.561.99$17,784
Mar 20168,22233.011.79$14,750
Feb 20167,76726.472.06$16,028
Jan 20168,48827.352.36$20,069
Dec 20158,96232.362.00$17,937
Nov 20159,19338.792.17$19,924
Oct 20159,43143.552.43$22,885
Sep 20159,29742.992.76$25,645
Aug 20159,65740.162.87$27,740
Jul 20159,76348.152.95$28,753
Jun 20159,59556.152.88$27,661
May 201510,93755.212.96$32,324
Apr 201511,08949.822.71$30,013
Mar 201511,17642.892.93$32,798
Feb 20158,82444.662.98$26,262
Jan 201512,48543.433.10$38,711
Dec 201410,94454.693.59$39,304
Nov 201412,20970.464.25$51,911
Oct 201412,82978.303.90$50,045
Sep 201412,52586.164.05$50,669
Aug 201412,89689.394.04$52,037
Jul 201414,09096.564.18$58,891
Jun 201413,98998.164.74$66,264
May 201415,02294.734.73$71,002
Apr 201414,73895.944.81$70,877
Mar 201416,43095.895.06$83,083
Feb 201414,96497.406.19$92,657
Jan 201416,76890.404.86$81,505
Dec 201317,70291.824.35$77,083
Nov 201318,63188.853.74$69,648
Oct 201317,04597.423.78$64,419
Sep 201312,507104.113.72$46,498
Aug 201314,745104.253.52$51,941
Jul 201315,868102.523.72$58,993
Jun 201316,15194.403.93$63,529
May 201317,53194.834.15$72,738
Apr 201318,22193.964.28$78,033
Mar 201320,15893.623.91$78,876
Feb 201319,70491.233.42$67,386
Jan 201322,54191.603.42$77,088
Dec 201226,69086.773.42$91,284
Nov 201227,72486.953.62$100,498
Oct 201228,91289.383.40$98,292
Sep 201228,11594.672.92$82,051
Aug 201230,68792.662.91$89,243
Jul 201229,27585.133.02$88,434
Jun 201227,64679.822.52$69,641
May 201230,38291.612.49$75,600
Apr 201234,046101.652.00$67,983
Mar 201238,465105.052.22$85,472
Feb 201240,181101.102.57$103,275
Jan 201248,74698.092.73$133,275
Dec 201156,15296.873.24$181,918
Nov 201159,37495.723.31$196,604

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.

Sep 2024 — as filed, then multipliedworked
Gas                   71 Mcf  × $  2.36 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/264733 is the state's own key, not one this site invented.