VEALE RANCH

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 200578District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.0 M
Jan 2004 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
269
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
CondensateDisposition11,390 bbl$638,945
GasProduction1,353,561 Mcf$7,404,326
Total$8,043,271

Every month this lease reported (269)

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

269 months

May 20260678106.413.05$2,065
Apr 2026066398.932.87$1,903
Mar 2026070189.753.15$2,208
Feb 2026061063.503.75$2,288
Jan 2026068459.138.00$5,471
Dec 2025067656.664.41$2,983
Nov 2025067558.593.93$2,650
Oct 2025068459.383.30$2,261
Sep 2025066962.743.08$2,058
Aug 2025069363.933.01$2,089
Jul 2025070066.743.32$2,321
Jun 2025066266.483.13$2,071
May 2025068360.553.23$2,208
Apr 2025066462.363.54$2,353
Mar 20255070367.704.27$6,386
Feb 2025064770.884.34$2,809
Jan 2025075174.324.28$3,213
Dec 202401,24168.993.12$3,874
Nov 2024060169.052.20$1,321
Oct 2024035671.372.28$812
Sep 2024034369.612.36$811
Aug 2024049375.632.06$1,017
Jul 2024063079.932.15$1,352
Jun 2024048078.082.63$1,264
May 2024030778.812.20$675
Apr 2024065584.451.66$1,087
Mar 2024032480.301.55$501
Feb 202401,39476.091.78$2,486
Jan 202403,29973.023.30$10,879
Dec 202302,63671.262.61$6,882
Nov 202302,82277.892.81$7,923
Oct 202302,56385.443.09$7,913
Sep 202302,77589.042.74$7,590
Aug 202302,64580.522.67$7,070
Jul 202302,87674.852.64$7,598
Jun 202302,47568.962.26$5,590
May 202303,50470.622.23$7,805
Apr 202304,76078.122.24$10,652
Mar 202303,34872.852.39$8,012
Feb 202302,60375.112.47$6,418
Jan 202303,44376.533.39$11,664
Dec 202203,58676.415.73$20,544
Nov 202203,40985.005.65$19,248
Oct 202203,21287.185.86$18,834
Sep 202202,91384.888.16$23,781
Aug 202203,48994.529.13$31,845
Jul 202202,762101.587.54$20,831
Jun 202201,417115.097.98$11,304
May 20220837109.378.43$7,058
Apr 202204,715104.226.84$32,239
Mar 202204,708108.885.08$23,900
Feb 202264,17691.054.86$20,837
Jan 2022534,27381.844.54$23,727
Dec 202104,19671.323.90$16,361
Nov 202104,47477.435.24$23,430
Oct 202104,84279.795.71$27,667
Sep 202105,36469.865.35$28,702
Aug 202105,43366.024.22$22,930
Jul 202126,93770.783.98$27,765
Jun 2021496,21669.493.38$24,419
May 202106,63263.483.02$20,013
Apr 202106,52260.362.76$17,990
Mar 202106,47561.302.72$17,592
Feb 202104,57557.805.55$25,382
Jan 202104,99250.412.81$14,029
Dec 202004,70244.642.68$12,580
Nov 202004,03738.772.71$10,926
Oct 202004,01036.972.48$9,939
Sep 202003,73037.091.99$7,427
Aug 202003,96639.982.39$9,459
Jul 202014,09638.371.83$7,514
Jun 2020353,87234.901.69$7,766
May 202003,91416.921.81$7,103
Apr 202003,41314.751.80$6,158
Mar 202013,78930.341.86$7,064
Feb 2020273,46249.881.98$8,204
Jan 202023,76757.252.09$8,005
Dec 2019223,73859.012.30$9,912
Nov 201903,43055.302.75$9,435
Oct 201913,69853.472.42$8,997
Sep 2019293,24655.052.66$10,222
Aug 201903,52553.112.30$8,123
Jul 201903,71456.272.46$9,137
Jun 201903,44252.782.49$8,575
May 201903,74458.482.74$10,260
Apr 2019574,51962.632.75$16,000
Mar 201904,58656.803.06$14,043
Feb 201903,98350.852.79$11,121
Jan 201904,37446.033.23$14,120
Dec 20181534,28746.594.19$25,071
Nov 201802,80852.934.24$11,898
Oct 201802,09961.443.40$7,133
Sep 201802,37859.543.11$7,391
Aug 201803,67759.403.07$11,276
Jul 201804,34865.142.93$12,748
Jun 201803,76460.183.08$11,582
May 201803,47265.382.90$10,072
Apr 201803,16063.842.90$9,167
Mar 201803,53961.222.79$9,863
Feb 201803,21661.782.77$8,896
Jan 201803,17662.874.01$12,734
Dec 201702,99557.272.92$8,750
Nov 201703,48655.423.12$10,871
Oct 201703,58449.292.98$10,694
Sep 2017803,68547.523.09$15,178
Aug 201703,84545.373.00$11,552
Jul 201704,06143.873.09$12,537
Jun 201704,01542.493.09$12,395
May 201704,13145.373.26$13,481
Apr 201704,08447.933.21$13,116
Mar 201704,11946.772.98$12,290
Feb 201703,72550.452.95$10,998
Jan 201703,88649.413.42$13,285
Dec 2016833,97248.763.72$18,834
Nov 201603,98242.492.64$10,530
Oct 201604,06446.193.09$12,559
Sep 201604,15841.553.10$12,892
Aug 201604,02741.442.92$11,776
Jul 201604,36341.622.92$12,759
Jun 201604,21545.352.69$11,321
May 20161084,68842.521.99$13,926
Apr 201603,24836.561.99$6,467
Mar 201604,36533.011.79$7,831
Feb 201604,40126.472.06$9,082
Jan 201604,74327.352.36$11,214
Dec 201504,64732.362.00$9,301
Nov 201504,29438.792.17$9,307
Oct 201504,14243.552.43$10,051
Sep 201504,04342.992.76$11,152
Aug 201503,36440.162.87$9,663
Jul 201502,44148.152.95$7,189
Jun 201502,26656.152.88$6,533
May 201502,35855.212.96$6,969
Apr 20151292,27249.822.71$12,576
Mar 201501,95442.892.93$5,734
Feb 201501,86044.662.98$5,536
Jan 201502,39343.433.10$7,420
Dec 201402,43954.693.59$8,759
Nov 201402,27470.464.25$9,669
Oct 201402,75678.303.90$10,751
Sep 201402,51086.164.05$10,154
Aug 201402,65189.394.04$10,697
Jul 201403,13096.564.18$13,082
Jun 201402,53698.164.74$12,013
May 201402,71294.734.73$12,818
Apr 201401,59595.944.81$7,671
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201402,22690.404.86$10,820
Dec 2013019191.824.35$832
Nov 201301,74888.853.74$6,535
Oct 201301,69497.423.78$6,402
Sep 201301,755104.113.72$6,525
Aug 201301,965104.253.52$6,922
Jul 201302,969102.523.72$11,038
Jun 201301,98294.403.93$7,796
May 201302,71994.834.15$11,281
Apr 201301,37693.964.28$5,893
Mar 201302,49793.623.91$9,770
Feb 201302,38591.233.42$8,156
Jan 201303,70391.603.42$12,664
Dec 201201,79486.773.42$6,136
Nov 2012034486.953.62$1,247
Oct 201202,91089.383.40$9,893
Sep 201201,23094.672.92$3,590
Aug 201204,29892.662.91$12,499
Jul 201203,93385.133.02$11,881
Jun 201205,67479.822.52$14,293
May 2012027991.612.49$694
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121831,931101.102.57$23,464
Jan 201204,18598.092.73$11,442
Dec 201104,09596.873.24$13,267
Nov 201104,07295.723.31$13,484
Oct 20111884,37884.983.65$31,950
Sep 201104,26783.623.99$17,007
Aug 201104,73883.404.15$19,659
Jul 201104,62094.144.52$20,870
Jun 201104,56192.904.64$21,162
May 201104,94098.134.40$21,760
Apr 201104,691105.964.33$20,327
Mar 20111924,93996.364.06$38,540
Feb 201104,19585.644.18$17,535
Jan 201105,18386.504.59$23,784
Dec 201005,05885.734.35$21,991
Nov 201005,37080.843.80$20,381
Oct 201004,85678.103.51$17,039
Sep 20101875,59172.633.98$35,831
Aug 201005,83873.684.42$25,800
Jul 201005,84472.554.74$27,680
Jun 201005,65570.364.91$27,768
May 20101906,11771.124.24$39,420
Apr 201005,70881.694.12$23,532
Mar 201006,17378.394.39$27,091
Feb 201004,71673.585.44$25,666
Jan 20101975,14074.365.96$45,304
Dec 200905,62071.445.48$30,819
Nov 200905,65674.593.75$21,218
Oct 200906,19772.544.11$25,471
Sep 20091895,94765.543.06$30,613
Aug 200904,77967.423.22$15,381
Jul 200905,02061.133.46$17,392
Jun 200906,02966.163.90$23,483
May 200902154.743.93$82
Apr 20091896,80246.773.59$33,242
Mar 200907,28742.144.06$29,578
Feb 200906,87032.814.63$31,829
Jan 20091977,59235.865.37$47,841
Dec 200807,53137.105.98$45,014
Nov 200807,33155.496.86$50,293
Oct 20081917,84575.246.92$68,674
Sep 200808,010101.767.88$63,095
Aug 20081758,051114.228.48$88,285
Jul 200808,016131.0811.39$91,298
Jun 200807,853131.3313.03$102,345
May 200808,102123.1711.57$93,775
Apr 20081968,083110.3110.45$106,127
Mar 200808,557101.909.66$82,695
Feb 20081958,21092.538.77$90,050
Jan 200808,11490.388.21$66,581
Dec 20071908,12088.337.30$76,075
Nov 2007188,81591.677.29$65,926
Oct 200708,94182.856.92$61,889
Sep 20071668,75175.846.24$67,232
Aug 200708,95869.066.39$57,223
Jul 20071959,66070.906.39$75,533
Jun 200708,72262.007.55$65,838
May 200708,66858.747.85$68,012
Apr 20071967,99859.617.81$74,110
Mar 200707,62056.927.30$55,641
Feb 200704,32355.108.22$35,518
Jan 200707,14250.306.73$48,043
Dec 20061867,77656.656.92$64,335
Nov 200605,74154.207.62$43,732
Oct 200603,35754.906.01$20,188
Sep 200604,85860.085.04$24,471
Aug 20061165,04468.717.34$44,993
Jul 20061907,48569.376.34$60,656
Jun 200608,84566.286.38$56,465
May 20061909,69966.016.42$74,858
Apr 20061909,64964.397.36$83,255
Mar 2006010,18456.707.08$72,132
Feb 20062059,75657.597.75$87,426
Jan 200620011,41060.598.93$114,047
Dec 200519611,31854.9413.42$162,604
Nov 200516211,32354.6910.59$128,752
Oct 200517911,71658.3413.80$172,074
Sep 200517911,53461.4512.08$150,319
Aug 200518012,10161.519.80$129,623
Jul 200519012,94855.697.84$112,141
Jun 200519713,08452.337.38$106,883
May 200519914,55045.226.65$105,773
Apr 200520011,12649.207.36$91,733
Mar 200529914,76450.377.15$120,695
Feb 200536611,97045.226.31$92,104
Jan 200518516,01743.166.32$109,247
Dec 200418715,14439.866.75$109,692
Nov 200434119,30445.286.33$137,643
Oct 2004018,19349.706.52$118,529
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200455316,68538.286.08$122,683
Jun 200436720,25236.106.43$143,530
May 200436022,59137.486.49$160,212
Apr 200456323,51134.475.86$157,145
Mar 200452627,08934.365.53$167,879
Feb 200437231,62432.455.51$186,308
Jan 200419025,70832.036.30$168,037

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  678 Mcf  × $  3.05 =     $2,065

────────────────────────────────────────────────────
Month total                                   $2,065

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/200578 is the state's own key, not one this site invented.