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 200579District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.8 M
Oct 2003 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
272
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
CondensateDisposition2,076 bbl$138,097
GasProduction502,679 Mcf$2,674,602
Total$2,812,699

Every month this lease reported (272)

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

272 months

May 20260164106.413.05$500
Apr 2026016198.932.87$462
Mar 2026015889.753.15$498
Feb 2026014863.503.75$555
Jan 2026017559.138.00$1,400
Dec 2025018156.664.41$799
Nov 2025012958.593.93$507
Oct 202503959.383.30$129
Sep 2025016762.743.08$514
Aug 2025018363.933.01$552
Jul 2025021966.743.32$726
Jun 2025028966.483.13$904
May 2025029960.553.23$966
Apr 2025011862.363.54$418
Mar 202506267.704.27$265
Feb 2025022370.884.34$968
Jan 2025022574.324.28$963
Dec 2024022568.993.12$702
Nov 2024030369.052.20$666
Oct 2024038571.372.28$878
Sep 2024018369.612.36$433
Aug 2024023775.632.06$489
Jul 2024031879.932.15$683
Jun 2024034978.082.63$919
May 2024045178.812.20$992
Apr 2024050384.451.66$835
Mar 2024082580.301.55$1,275
Feb 2024091776.091.78$1,636
Jan 2024089373.023.30$2,945
Dec 2023091671.262.61$2,391
Nov 2023091177.892.81$2,558
Oct 2023099185.443.09$3,059
Sep 2023092789.042.74$2,535
Aug 2023084080.522.67$2,245
Jul 2023082974.852.64$2,190
Jun 2023067768.962.26$1,529
May 2023086270.622.23$1,920
Apr 2023072278.122.24$1,616
Mar 2023085572.852.39$2,046
Feb 2023071075.112.47$1,751
Jan 2023095476.533.39$3,232
Dec 2022085376.415.73$4,887
Nov 2022056485.005.65$3,184
Oct 2022075187.185.86$4,404
Sep 2022037584.888.16$3,061
Aug 2022070494.529.13$6,426
Jul 20220756101.587.54$5,702
Jun 20220734115.097.98$5,855
May 20221762109.378.43$6,535
Apr 202223726104.226.84$7,361
Mar 20220783108.885.08$3,975
Feb 2022070091.054.86$3,401
Jan 2022078981.844.54$3,580
Dec 2021079871.323.90$3,112
Nov 2021077477.435.24$4,053
Oct 2021078979.795.71$4,508
Sep 2021076069.865.35$4,067
Aug 2021078766.024.22$3,322
Jul 2021074570.783.98$2,967
Jun 2021075669.493.38$2,556
May 2021083863.483.02$2,529
Apr 2021080560.362.76$2,221
Mar 2021291061.302.72$2,595
Feb 20213189557.805.55$6,757
Jan 202101,10550.412.81$3,105
Dec 202001,09444.642.68$2,927
Nov 202001,09038.772.71$2,950
Oct 202001,26836.972.48$3,143
Sep 202001,22837.091.99$2,445
Aug 202001,31139.982.39$3,127
Jul 202001,30038.371.83$2,373
Jun 202001,32134.901.69$2,233
May 202001,35816.921.81$2,464
Apr 202001,31514.751.80$2,373
Mar 202001,38730.341.86$2,575
Feb 202001,21749.881.98$2,410
Jan 202001,37057.252.09$2,870
Dec 201901,36559.012.30$3,145
Nov 201901,35755.302.75$3,733
Oct 201911,43753.472.42$3,529
Sep 2019521,42055.052.66$6,636
Aug 201901,46353.112.30$3,371
Jul 201901,48156.272.46$3,643
Jun 201901,45052.782.49$3,612
May 201901,48558.482.74$4,069
Apr 201901,37062.632.75$3,768
Mar 201901,61656.803.06$4,948
Feb 201901,47550.852.79$4,119
Jan 201901,83146.033.23$5,911
Dec 201802,02046.594.19$8,455
Nov 2018281,84052.934.24$9,279
Oct 201801,89661.443.40$6,443
Sep 201801,80959.543.11$5,622
Aug 201801,85659.403.07$5,692
Jul 201811,82465.142.93$5,413
Jun 2018241,88960.183.08$7,257
May 201801,85965.382.90$5,393
Apr 201801,65963.842.90$4,812
Mar 201801,51461.222.79$4,219
Feb 201801,48061.782.77$4,094
Jan 201811,55662.874.01$6,301
Dec 2017231,38657.272.92$5,366
Nov 201701,09655.423.12$3,418
Oct 2017094649.292.98$2,823
Sep 2017071147.523.09$2,195
Aug 201701,04145.373.00$3,128
Jul 2017098343.873.09$3,035
Jun 2017093142.493.09$2,874
May 2017068545.373.26$2,235
Apr 2017096547.933.21$3,099
Mar 201701,59646.772.98$4,762
Feb 201731,82950.452.95$5,552
Jan 2017362,00349.413.42$8,627
Dec 201601,96448.763.72$7,312
Nov 201601,91142.492.64$5,053
Oct 201601,82146.193.09$5,627
Sep 201601,52841.553.10$4,738
Aug 201601,50941.442.92$4,413
Jul 201601,54641.622.92$4,521
Jun 201601,51345.352.69$4,064
May 201601,45942.521.99$2,905
Apr 201621,44536.561.99$2,950
Mar 2016661,56633.011.79$4,988
Feb 201601,09026.472.06$2,249
Jan 2016068427.352.36$1,617
Dec 201501,63932.362.00$3,280
Nov 201502,49638.792.17$5,410
Oct 201502,47343.552.43$6,001
Sep 201502,03242.992.76$5,605
Aug 201502,50740.162.87$7,201
Jul 201503,63248.152.95$10,697
Jun 201504,52356.152.88$13,039
May 201504,12055.212.96$12,176
Apr 201501,67449.822.71$4,531
Mar 2015054542.892.93$1,599
Feb 201501,35544.662.98$4,033
Jan 201501,79943.433.10$5,578
Dec 201402,36154.693.59$8,479
Nov 201401,89470.464.25$8,053
Oct 201401,34878.303.90$5,258
Sep 201401,33386.164.05$5,393
Aug 201401,35789.394.04$5,476
Jul 201401,36496.564.18$5,701
Jun 201401,33598.164.74$6,324
May 201401,16494.734.73$5,502
Apr 201401,04295.944.81$5,011
Mar 201405795.895.06$288
Feb 2014013697.406.19$842
Jan 201401,01790.404.86$4,943
Dec 201301,60591.824.35$6,989
Nov 201301,41988.853.74$5,305
Oct 201301,59097.423.78$6,009
Sep 201301,554104.113.72$5,777
Aug 201301,552104.253.52$5,467
Jul 201301,334102.523.72$4,959
Jun 2013086594.403.93$3,402
May 201301,02094.834.15$4,232
Apr 2013099993.964.28$4,278
Mar 201301,04993.623.91$4,105
Feb 2013090291.233.42$3,085
Jan 2013063791.603.42$2,178
Dec 201201,58986.773.42$5,435
Nov 201202,59686.953.62$9,410
Oct 201202,69689.383.40$9,166
Sep 201202,04994.672.92$5,980
Aug 201201,95392.662.91$5,680
Jul 20121872,18985.133.02$22,532
Jun 201202,86779.822.52$7,222
May 201203,04591.612.49$7,577
Apr 201203,048101.652.00$6,086
Mar 201203,148105.052.22$6,995
Feb 201202,698101.102.57$6,935
Jan 201201,16598.092.73$3,185
Dec 201102,83196.873.24$9,172
Nov 201103,01595.723.31$9,984
Oct 201103,42484.983.65$12,493
Sep 201103,24783.623.99$12,942
Aug 201103,22783.404.15$13,390
Jul 201103,09594.144.52$13,981
Jun 201102,95692.904.64$13,715
May 201103,23298.134.40$14,236
Apr 201102,410105.964.33$10,443
Mar 201102,38396.364.06$9,669
Feb 201101,90185.644.18$7,946
Jan 201102,56886.504.59$11,784
Dec 201002,46285.734.35$10,704
Nov 201002,23580.843.80$8,483
Oct 201002,33978.103.51$8,207
Sep 201002,38872.633.98$9,503
Aug 201002,23273.684.42$9,864
Jul 201002,12672.554.74$10,070
Jun 201001,87370.364.91$9,197
May 20101981,68071.124.24$21,197
Apr 201001,93881.694.12$7,990
Mar 201001,73078.394.39$7,592
Feb 201001,15173.585.44$6,264
Jan 201001,60274.365.96$9,554
Dec 200901,68371.445.48$9,229
Nov 200901,55274.593.75$5,822
Oct 200901,57672.544.11$6,478
Sep 2009096165.543.06$2,945
Aug 200901,11467.423.22$3,585
Jul 200901,04861.133.46$3,631
Jun 200901,19166.163.90$4,639
May 20090054.743.93$0
Apr 200901,23846.773.59$4,441
Mar 200901,66942.144.06$6,774
Feb 200902,22432.814.63$10,304
Jan 200901,90235.865.37$10,216
Dec 200801,65137.105.98$9,868
Nov 200801,82755.496.86$12,534
Oct 200802,36275.246.92$16,350
Sep 200802,277101.767.88$17,936
Aug 200801,998114.228.48$16,949
Jul 20080690131.0811.39$7,859
Jun 200801,186131.3313.03$15,457
May 20081722,211123.1711.57$46,776
Apr 200802,579110.3110.45$26,963
Mar 200803,661101.909.66$35,380
Feb 200803,12892.538.77$27,434
Jan 200803,70790.388.21$30,419
Dec 200703,52988.337.30$25,769
Nov 200703,34091.677.29$24,354
Oct 200703,62682.856.92$25,099
Sep 20071673,63175.846.24$35,338
Aug 200703,87369.066.39$24,740
Jul 200704,10270.906.39$26,203
Jun 200703,75262.007.55$28,322
May 200703,68158.747.85$28,882
Apr 200703,64459.617.81$28,442
Mar 200703,87756.927.30$28,310
Feb 200703,34655.108.22$27,491
Jan 200704,02350.306.73$27,062
Dec 20061584,02256.656.92$36,777
Nov 200603,44454.207.62$26,235
Oct 200603,58754.906.01$21,572
Sep 200604,30060.085.04$21,660
Aug 2006944,26368.717.34$37,749
Jul 200604,73769.376.34$30,046
Jun 200604,12566.286.38$26,334
May 200604,75166.016.42$30,525
Apr 200604,47964.397.36$32,968
Mar 20061074,97856.707.08$41,326
Feb 200604,91757.597.75$38,112
Jan 200605,28360.598.93$47,195
Dec 20051515,15554.9413.42$77,452
Nov 200505,25554.6910.59$55,642
Oct 200505,23758.3413.80$72,248
Sep 200505,12161.4512.08$61,857
Aug 20051745,15361.519.80$61,186
Jul 200505,34355.697.84$41,909
Jun 200505,38952.337.38$39,776
May 20051865,76745.226.65$46,768
Apr 200505,47249.207.36$40,277
Mar 20051886,45750.377.15$55,669
Feb 200505,08045.226.31$32,065
Jan 200504,95943.166.32$31,352
Dec 200406,56339.866.75$44,307
Nov 200409,87545.286.33$62,513
Oct 2004012,69049.706.52$82,677
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  164 Mcf  × $  3.05 =       $500

────────────────────────────────────────────────────
Month total                                     $500

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/200579 is the state's own key, not one this site invented.