CHAPEL HILL

Operated by BKV BARNETT, LLC (P-5 72504) 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 194159District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Dec 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
282
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 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
CondensateDisposition2 bbl$61
GasProduction445,740 Mcf$2,927,900
Total$2,927,961

Every month this lease reported (282)

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

282 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 20250062.743.08$0
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 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201206379.822.52$159
May 20120091.612.49$0
Apr 20120688101.652.00$1,374
Mar 201204,088105.052.22$9,084
Feb 201201,427101.102.57$3,668
Jan 20120098.092.73$0
Dec 20110196.873.24$3
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011013083.623.99$518
Aug 2011038683.404.15$1,602
Jul 2011083394.144.52$3,763
Jun 201102,58992.904.64$12,013
May 2011087698.134.40$3,859
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100380.843.80$11
Oct 2010015078.103.51$526
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200905067.423.22$161
Jul 2009091261.133.46$3,160
Jun 2009017566.163.90$682
May 200901,65054.743.93$6,477
Apr 200902,52746.773.59$9,066
Mar 200901,46042.144.06$5,926
Feb 2009010,95232.814.63$50,741
Jan 200909,13935.865.37$49,086
Dec 200805,83937.105.98$34,901
Nov 200806,33255.496.86$43,440
Oct 200804,75575.246.92$32,914
Sep 200800101.767.88$0
Aug 2008012114.228.48$102
Jul 200801,784131.0811.39$20,319
Jun 200805,195131.3313.03$67,705
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200702,62188.337.30$19,138
Nov 200703,65591.677.29$26,651
Oct 200703,81682.856.92$26,414
Sep 200702,92575.846.24$18,264
Aug 200703,29569.066.39$21,048
Jul 200703,13070.906.39$19,994
Jun 200701,64062.007.55$12,379
May 200703,35958.747.85$26,356
Apr 200704,61259.617.81$35,998
Mar 200705,07956.927.30$37,087
Feb 200703,97455.108.22$32,650
Jan 200702,91350.306.73$19,595
Dec 200603,90956.656.92$27,044
Nov 200604,03254.207.62$30,714
Oct 200604,20754.906.01$25,300
Sep 200603,35060.085.04$16,875
Aug 200604,34168.717.34$31,863
Jul 200604,36869.376.34$27,705
Jun 200604,55866.286.38$29,098
May 200604,71166.016.42$30,268
Apr 200604,50564.397.36$33,159
Mar 200604,85656.707.08$34,395
Feb 200604,28457.597.75$33,206
Jan 200605,44460.598.93$48,633
Dec 200506,32054.9413.42$84,785
Nov 200505,90254.6910.59$62,493
Oct 200504,89658.3413.80$67,544
Sep 200505,55761.4512.08$67,123
Aug 200505,86461.519.80$57,449
Jul 200506,85155.697.84$53,737
Jun 200507,08352.337.38$52,280
May 200503,12645.226.65$20,792
Apr 200502,43649.207.36$17,930
Mar 200505,30450.377.15$37,949
Feb 200504,41545.226.31$27,867
Jan 200504,01943.166.32$25,409
Dec 200401,67039.866.75$11,274
Nov 200405,10645.286.33$32,323
Oct 200406,07849.706.52$39,599
Sep 200405,00743.245.28$26,456
Aug 200405,58142.375.55$30,978
Jul 200405,69438.286.08$34,643
Jun 200405,02236.106.43$32,307
May 200407,02637.486.49$45,631
Apr 200407,66934.475.86$44,929
Mar 200409,15234.365.53$50,612
Feb 200409,60332.455.51$52,909
Jan 2004011,10032.036.30$69,926
Dec 200308,77130.266.30$55,272
Nov 2003010,13228.804.60$46,558
Oct 2003012,62128.174.76$60,071
Sep 200309,47526.314.75$45,000
Aug 2003010,56429.765.13$54,190
Jul 2003013,83929.415.17$71,559
Jun 2003010,91028.565.98$65,274
May 200307,10526.595.97$42,436
Apr 2003016,34326.675.41$88,371
Mar 2003015,91431.146.10$97,012
Feb 2003017,24333.487.93$136,666
Jan 2003216,74230.315.58$93,515
Dec 20020026.914.85$0

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.

Jun 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.82 =         $0
Gas                   63 Mcf  × $  2.52 =       $159

────────────────────────────────────────────────────
Month total                                     $159

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/194159 is the state's own key, not one this site invented.