NANCE

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 197298District 09Field 65280200GasSaveExport
Value, all time
$14.8 M
Sep 2003 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
273
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
GasProduction2,794,819 Mcf$14,832,259
Total$14,832,259

Every month this lease reported (273)

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

273 months

May 20261,854106.413.05$5,647
Apr 20261,87898.932.87$5,389
Mar 20262,04589.753.15$6,441
Feb 20261,90863.503.75$7,156
Jan 20261,99559.138.00$15,956
Dec 20252,19256.664.41$9,674
Nov 20252,86158.593.93$11,234
Oct 20252,09359.383.30$6,917
Sep 20252,22262.743.08$6,837
Aug 20252,51463.933.01$7,579
Jul 20252,41566.743.32$8,006
Jun 20252,41766.483.13$7,562
May 20253,78360.553.23$12,228
Apr 20252,91562.363.54$10,328
Mar 20255,25567.704.27$22,430
Feb 20255,12870.884.34$22,260
Jan 20253,78974.324.28$16,212
Dec 20243,65668.993.12$11,412
Nov 20243,61669.052.20$7,950
Oct 20243,56971.372.28$8,142
Sep 20243,49269.612.36$8,256
Aug 20243,81575.632.06$7,873
Jul 20243,52479.932.15$7,565
Jun 20243,39078.082.63$8,929
May 20243,37378.812.20$7,415
Apr 20242,70284.451.66$4,483
Mar 20243,53480.301.55$5,460
Feb 20243,74576.091.78$6,680
Jan 20244,04873.023.30$13,349
Dec 20234,05071.262.61$10,573
Nov 20233,96277.892.81$11,124
Oct 20234,09685.443.09$12,646
Sep 20233,92889.042.74$10,743
Aug 20234,29680.522.67$11,483
Jul 20234,30574.852.64$11,373
Jun 20233,15168.962.26$7,116
May 20233,38370.622.23$7,535
Apr 20233,51978.122.24$7,875
Mar 20233,41972.852.39$8,182
Feb 20233,41275.112.47$8,413
Jan 20233,90976.533.39$13,243
Dec 20223,89776.415.73$22,326
Nov 20223,91485.005.65$22,099
Oct 20224,37987.185.86$25,677
Sep 20224,31884.888.16$35,251
Aug 20225,04794.529.13$46,065
Jul 20224,720101.587.54$35,599
Jun 20222,207115.097.98$17,606
May 20223,335109.378.43$28,124
Apr 20223,196104.226.84$21,853
Mar 20223,389108.885.08$17,204
Feb 20223,00491.054.86$14,596
Jan 20223,65281.844.54$16,572
Dec 20213,96371.323.90$15,452
Nov 20213,88577.435.24$20,345
Oct 20214,11579.795.71$23,513
Sep 20213,98369.865.35$21,313
Aug 20214,14766.024.22$17,503
Jul 20213,67470.783.98$14,630
Jun 20213,55569.493.38$12,018
May 20213,83963.483.02$11,585
Apr 20213,81260.362.76$10,515
Mar 20214,13261.302.72$11,226
Feb 20212,62257.805.55$14,547
Jan 20214,77350.412.81$13,413
Dec 20204,91944.642.68$13,161
Nov 20204,77138.772.71$12,913
Oct 20204,94436.972.48$12,253
Sep 20204,80137.091.99$9,559
Aug 20204,08239.982.39$9,736
Jul 20203,27638.371.83$5,979
Jun 20203,43134.901.69$5,799
May 20203,33416.921.81$6,050
Apr 20203,26514.751.80$5,891
Mar 20204,15630.341.86$7,714
Feb 20205,10649.881.98$10,113
Jan 20204,94857.252.09$10,365
Dec 20196,09259.012.30$14,038
Nov 20195,02055.302.75$13,809
Oct 20194,76153.472.42$11,515
Sep 20194,59255.052.66$12,202
Aug 20194,84053.112.30$11,153
Jul 20194,88756.272.46$12,022
Jun 20194,75152.782.49$11,836
May 20194,95158.482.74$13,567
Apr 20194,84962.632.75$13,338
Mar 20194,99456.803.06$15,292
Feb 20194,57250.852.79$12,766
Jan 20195,19646.033.23$16,774
Dec 20185,21646.594.19$21,831
Nov 20184,98452.934.24$21,118
Oct 20185,16761.443.40$17,558
Sep 20185,23059.543.11$16,255
Aug 20185,24359.403.07$16,078
Jul 20185,46465.142.93$16,020
Jun 20185,15460.183.08$15,858
May 20185,58965.382.90$16,213
Apr 20185,50063.842.90$15,954
Mar 20185,36461.222.79$14,949
Feb 20186,62561.782.77$18,326
Jan 20188,22662.874.01$32,981
Dec 201710,54757.272.92$30,813
Nov 20176,56455.423.12$20,469
Oct 20176,42749.292.98$19,176
Sep 20176,51647.523.09$20,117
Aug 20175,94445.373.00$17,858
Jul 20175,93743.873.09$18,329
Jun 20176,10942.493.09$18,860
May 20175,70145.373.26$18,605
Apr 20175,82747.933.21$18,714
Mar 20176,26846.772.98$18,702
Feb 20175,41450.452.95$15,985
Jan 20175,78849.413.42$19,788
Dec 20165,96848.763.72$22,218
Nov 20166,04342.492.64$15,980
Oct 20166,21646.193.09$19,209
Sep 20165,97741.553.10$18,532
Aug 20166,34741.442.92$18,561
Jul 20166,39241.622.92$18,692
Jun 20166,75545.352.69$18,143
May 20167,52842.521.99$14,989
Apr 20166,40736.561.99$12,757
Mar 20167,54433.011.79$13,534
Feb 20167,79326.472.06$16,082
Jan 20167,56527.352.36$17,886
Dec 20157,37832.362.00$14,766
Nov 20156,96938.792.17$15,104
Oct 20157,18443.552.43$17,433
Sep 20156,88242.992.76$18,983
Aug 20157,11040.162.87$20,423
Jul 20158,24248.152.95$24,273
Jun 20158,18856.152.88$23,605
May 20158,69155.212.96$25,686
Apr 20158,51049.822.71$23,033
Mar 20159,19142.892.93$26,973
Feb 20158,81744.662.98$26,241
Jan 201510,05343.433.10$31,171
Dec 201410,10454.693.59$36,287
Nov 20149,95070.464.25$42,306
Oct 201411,07878.303.90$43,215
Sep 201410,62086.164.05$42,963
Aug 201411,26389.394.04$45,448
Jul 201410,75396.564.18$44,943
Jun 20149,01098.164.74$42,679
May 201411,92094.734.73$56,341
Apr 201412,09595.944.81$58,166
Mar 201410,12095.895.06$51,175
Feb 20147,18497.406.19$44,483
Jan 20149,00090.404.86$43,746
Dec 20138,83691.824.35$38,476
Nov 20138,90388.853.74$33,282
Oct 20139,20797.423.78$34,797
Sep 20139,800104.113.72$36,434
Aug 201311,160104.253.52$39,312
Jul 201311,215102.523.72$41,694
Jun 201311,09894.403.93$43,653
May 201311,43694.834.15$47,449
Apr 201311,03093.964.28$47,237
Mar 201311,45793.623.91$44,830
Feb 201310,36291.233.42$35,437
Jan 201312,27391.603.42$41,973
Dec 201213,08186.773.42$44,739
Nov 201212,67586.953.62$45,946
Oct 201211,23289.383.40$38,185
Sep 201211,57494.672.92$33,778
Aug 201212,51392.662.91$36,390
Jul 201213,11785.133.02$39,624
Jun 201211,71779.822.52$29,516
May 201211,28691.612.49$28,083
Apr 201210,203101.652.00$20,373
Mar 201211,042105.052.22$24,536
Feb 201210,775101.102.57$27,694
Jan 201211,91798.092.73$32,582
Dec 201112,97296.873.24$42,026
Nov 201113,39695.723.31$44,358
Oct 201115,91484.983.65$58,063
Sep 201112,48883.623.99$49,775
Aug 201151383.404.15$2,129
Jul 20116,75794.144.52$30,523
Jun 20117,07792.904.64$32,836
May 20118,90498.134.40$39,221
Apr 20118,580105.964.33$37,180
Mar 20118,11696.364.06$32,929
Feb 20117,96085.644.18$33,273
Jan 20119,30386.504.59$42,689
Dec 20107,89585.734.35$34,325
Nov 20108,99580.843.80$34,139
Oct 20109,89978.103.51$34,735
Sep 20109,99972.633.98$39,791
Aug 20109,18573.684.42$40,592
Jul 201010,50572.554.74$49,757
Jun 201011,29570.364.91$55,463
May 201011,75871.124.24$49,798
Apr 201010,99281.694.12$45,317
Mar 201011,36378.394.39$49,868
Feb 201010,35873.585.44$56,372
Jan 201011,41374.365.96$68,068
Dec 200911,33371.445.48$62,147
Nov 200911,08274.593.75$41,574
Oct 200911,94172.544.11$49,081
Sep 200911,53665.543.06$35,355
Aug 200911,83467.423.22$38,088
Jul 200911,68561.133.46$40,483
Jun 200911,01866.163.90$42,915
May 200911,65354.743.93$45,747
Apr 200910,27946.773.59$36,876
Mar 200912,35642.144.06$50,153
Feb 200910,78732.814.63$49,976
Jan 200912,19635.865.37$65,505
Dec 200813,22937.105.98$79,072
Nov 200812,40255.496.86$85,082
Oct 200814,04375.246.92$97,205
Sep 200819,503101.767.88$153,627
Aug 200815,533114.228.48$131,767
Jul 200814,587131.0811.39$166,138
Jun 200815,838131.3313.03$206,411
May 200818,287123.1711.57$211,659
Apr 200821,460110.3110.45$224,361
Mar 200815,535101.909.66$150,131
Feb 20081,70192.538.77$14,919
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 20071,33275.846.24$8,317
Aug 200710,75969.066.39$68,728
Jul 200710,83170.906.39$69,188
Jun 200755762.007.55$4,204
May 20071,26658.747.85$9,933
Apr 20071,79159.617.81$13,979
Mar 20071,92956.927.30$14,086
Feb 20071,61955.108.22$13,302
Jan 200716,11250.306.73$108,383
Dec 200617,36556.656.92$120,139
Nov 200615,48654.207.62$117,964
Oct 200617,36854.906.01$104,448
Sep 200699460.085.04$5,007
Aug 200619,35368.717.34$142,049
Jul 200618,49269.376.34$117,290
Jun 200619,88166.286.38$126,918
May 200621,27666.016.42$136,698
Apr 200623,15264.397.36$170,410
Mar 200620,57856.707.08$145,752
Feb 200618,71957.597.75$145,093
Jan 200621,17460.598.93$189,154
Dec 200523,19754.9413.42$311,197
Nov 200522,24754.6910.59$235,560
Oct 200520,55958.3413.80$283,627
Sep 200524,38361.4512.08$294,522
Aug 200524,68861.519.80$241,864
Jul 200523,61455.697.84$185,220
Jun 200526,00852.337.38$191,966
May 200522,92545.226.65$152,478
Apr 200523,03149.207.36$169,519
Mar 200527,26050.377.15$195,042
Feb 200523,19145.226.31$146,380
Jan 200526,85743.166.32$169,795
Dec 200429,09939.866.75$196,450
Nov 200429,65845.286.33$187,748
Oct 200432,68749.706.52$212,959
Sep 200432,65043.245.28$172,519
Aug 200433,33042.375.55$185,004
Jul 200432,13538.286.08$195,515
Jun 200435,05736.106.43$225,522
May 200439,78937.486.49$258,413
Apr 200439,61334.475.86$232,071
Mar 200488,68434.365.53$490,435
Feb 200444,59832.455.51$245,718
Jan 200456,76732.036.30$357,612
Dec 200344,59730.266.30$281,034
Nov 200345,61728.804.60$209,617
Oct 200350,49728.174.76$240,348
Sep 200325,77826.314.75$122,429

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                1,854 Mcf  × $  3.05 =     $5,647

────────────────────────────────────────────────────
Month total                                   $5,647

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/197298 is the state's own key, not one this site invented.