MCFARLAND

Operated by BKV BARNETT II, LLC (P-5 103758) in the NEWARK, EAST (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276965District 05Field 65280210CondensateGasSaveExport
Value, all time
$226 k
May 2014 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, 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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
2002-10-15
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-10-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2004.

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
CondensateDisposition128 bbl$6,767
GasProduction65,748 Mcf$219,574
Total$226,342

Every month this lease reported (145)

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

145 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202545062.743.08$2,823
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190662.632.75$17
Mar 20190856.803.06$25
Feb 20190950.852.79$25
Jan 20190946.033.23$29
Dec 201801646.594.19$67
Nov 201802252.934.24$93
Oct 201803861.443.40$129
Sep 201804959.543.11$152
Aug 201805559.403.07$169
Jul 201805265.142.93$152
Jun 201807360.183.08$225
May 2018035365.382.90$1,024
Apr 2018013763.842.90$397
Mar 2018017361.222.79$482
Feb 2018022361.782.77$617
Jan 2018071062.874.01$2,847
Dec 201701,96257.272.92$5,732
Nov 201701,69955.423.12$5,298
Oct 201701,77649.292.98$5,299
Sep 2017831,54747.523.09$8,720
Aug 201701,83145.373.00$5,501
Jul 201701,79543.873.09$5,542
Jun 201701,73642.493.09$5,360
May 201701,88445.373.26$6,148
Apr 201701,96947.933.21$6,324
Mar 201701,86646.772.98$5,568
Feb 201701,65850.452.95$4,895
Jan 201701,46949.413.42$5,022
Dec 201601,75848.763.72$6,545
Nov 201601,84342.492.64$4,874
Oct 201602,06546.193.09$6,381
Sep 201602,43341.553.10$7,544
Aug 201601,24641.442.92$3,644
Jul 201601,40541.622.92$4,109
Jun 201601,21245.352.69$3,255
May 201601,25142.521.99$2,491
Apr 201601,22336.561.99$2,435
Mar 201601,08833.011.79$1,952
Feb 2016073826.472.06$1,523
Jan 2016071527.352.36$1,691
Dec 2015027732.362.00$554
Nov 2015048538.792.17$1,051
Oct 2015022743.552.43$551
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201501,15548.152.95$3,402
Jun 201501,44356.152.88$4,160
May 201501,48355.212.96$4,383
Apr 2015096349.822.71$2,606
Mar 2015043642.892.93$1,280
Feb 2015045044.662.98$1,339
Jan 2015018943.433.10$586
Dec 2014016254.693.59$582
Nov 2014097570.464.25$4,146
Oct 201401,82578.303.90$7,119
Sep 201402,03586.164.05$8,232
Aug 201402,42489.394.04$9,781
Jul 201402,08196.564.18$8,698
Jun 201403,72798.164.74$17,654
May 201405,30994.734.73$25,093

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 2025 — as filed, then multipliedworked
Condensate            45 bbl  × $ 62.74 =     $2,823
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,823

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. 05/G/276965 is the state's own key, not one this site invented.