GIEB, VIRGINIA

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 201732District 09Field 65280200GasSaveExport
Value, all time
$49.1 M
Mar 2004 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
267
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
GasProduction9,058,650 Mcf$49,111,524
Total$49,111,524

Every month this lease reported (267)

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

267 months

May 202623,982106.413.05$73,045
Apr 202622,66498.932.87$65,039
Mar 202623,29189.753.15$73,354
Feb 202621,30363.503.75$79,893
Jan 202623,56959.138.00$188,503
Dec 202523,68656.664.41$104,535
Nov 202523,45458.593.93$92,091
Oct 202524,53259.383.30$81,074
Sep 202523,74262.743.08$73,052
Aug 202524,38663.933.01$73,518
Jul 202525,19566.743.32$83,526
Jun 202524,93066.483.13$77,999
May 202526,22560.553.23$84,768
Apr 202526,14362.363.54$92,628
Mar 202527,34067.704.27$116,696
Feb 202525,07670.884.34$108,851
Jan 202528,21474.324.28$120,719
Dec 202428,65368.993.12$89,437
Nov 202428,24969.052.20$62,104
Oct 202429,57671.372.28$67,475
Sep 202428,85269.612.36$68,217
Aug 202430,14875.632.06$62,214
Jul 202430,97079.932.15$66,480
Jun 202430,64578.082.63$80,718
May 202432,18178.812.20$70,748
Apr 202431,58584.451.66$52,406
Mar 202433,14780.301.55$51,216
Feb 202432,05976.091.78$57,182
Jan 202434,85573.023.30$114,940
Dec 202336,08171.262.61$94,197
Nov 202336,02777.892.81$101,148
Oct 202336,98685.443.09$114,186
Sep 202336,65389.042.74$100,247
Aug 202339,15180.522.67$104,646
Jul 202340,66874.852.64$107,437
Jun 202340,45768.962.26$91,371
May 202343,28270.622.23$96,406
Apr 202343,16078.122.24$96,582
Mar 202346,20972.852.39$110,586
Feb 202343,12275.112.47$106,325
Jan 202349,45476.533.39$167,536
Dec 202249,87876.415.73$285,755
Nov 202250,62285.005.65$285,822
Oct 202256,08987.185.86$328,892
Sep 202257,72184.888.16$471,216
Aug 202265,67094.529.13$599,381
Jul 202273,846101.587.54$556,952
Jun 202283,220115.097.98$663,863
May 202233,904109.378.43$285,914
Apr 20221,782104.226.84$12,185
Mar 202211,221108.885.08$56,962
Feb 202210,10591.054.86$49,099
Jan 202211,45981.844.54$51,997
Dec 202111,48171.323.90$44,766
Nov 202111,21377.435.24$58,721
Oct 202111,71179.795.71$66,915
Sep 202111,38669.865.35$60,926
Aug 202111,84366.024.22$49,984
Jul 202112,09570.783.98$48,163
Jun 202111,71069.493.38$39,587
May 202112,16063.483.02$36,695
Apr 202111,90060.362.76$32,825
Mar 202111,93861.302.72$32,435
Feb 202110,88757.805.55$60,401
Jan 202112,47150.412.81$35,047
Dec 202012,50244.642.68$33,449
Nov 202012,37538.772.71$33,494
Oct 202012,85236.972.48$31,853
Sep 202012,42437.091.99$24,737
Aug 202012,85639.982.39$30,663
Jul 202013,06238.371.83$23,840
Jun 202012,97834.901.69$21,937
May 202013,58716.921.81$24,657
Apr 202012,73814.751.80$22,984
Mar 202013,85430.341.86$25,716
Feb 202012,83649.881.98$25,424
Jan 202013,70657.252.09$28,711
Dec 201914,17259.012.30$32,657
Nov 201913,54755.302.75$37,264
Oct 201914,37153.472.42$34,757
Sep 201914,13255.052.66$37,553
Aug 201914,88253.112.30$34,293
Jul 201914,96856.272.46$36,822
Jun 201915,07352.782.49$37,550
May 201914,93758.482.74$40,932
Apr 201914,71962.632.75$40,488
Mar 201916,02356.803.06$49,064
Feb 201914,14750.852.79$39,502
Jan 201915,94646.033.23$51,477
Dec 201816,10946.594.19$67,423
Nov 201815,86352.934.24$67,215
Oct 201817,71361.443.40$60,190
Sep 201817,61859.543.11$54,757
Aug 201818,70559.403.07$57,360
Jul 201819,35565.142.93$56,747
Jun 201819,34460.183.08$59,520
May 201820,81065.382.90$60,366
Apr 201821,40663.842.90$62,095
Mar 201824,19261.222.79$67,419
Feb 201820,32861.782.77$56,230
Jan 20184,98562.874.01$19,986
Dec 201713,25557.272.92$38,725
Nov 201716,03055.423.12$49,987
Oct 201716,88749.292.98$50,385
Sep 201716,32347.523.09$50,394
Aug 201717,13145.373.00$51,468
Jul 201716,98843.873.09$52,447
Jun 201716,81642.493.09$51,916
May 201717,56445.373.26$57,318
Apr 201716,99247.933.21$54,572
Mar 201717,37046.772.98$51,827
Feb 201715,78750.452.95$46,613
Jan 201717,78149.413.42$60,790
Dec 201617,42648.763.72$64,874
Nov 201615,71342.492.64$41,551
Oct 201618,17546.193.09$56,165
Sep 201618,49141.553.10$57,334
Aug 201615,66441.442.92$45,807
Jul 201611,39941.622.92$33,335
Jun 201614,54445.352.69$39,063
May 201617,26242.521.99$34,369
Apr 201616,90636.561.99$33,661
Mar 201617,26033.011.79$30,965
Feb 201617,58826.472.06$36,295
Jan 201618,68927.352.36$44,188
Dec 201518,95832.362.00$37,943
Nov 201518,56538.792.17$40,236
Oct 201519,32143.552.43$46,884
Sep 201518,91442.992.76$52,173
Aug 201519,89640.162.87$57,151
Jul 201520,14948.152.95$59,340
Jun 201519,65756.152.88$56,668
May 201520,81755.212.96$61,524
Apr 201520,42849.822.71$55,290
Mar 201520,96342.892.93$61,520
Feb 201517,56144.662.98$52,265
Jan 201520,81443.433.10$64,537
Dec 201421,04754.693.59$75,587
Nov 201420,69970.464.25$88,009
Oct 201421,72178.303.90$84,733
Sep 201421,25186.164.05$85,970
Aug 201422,33689.394.04$90,128
Jul 201422,61296.564.18$94,509
Jun 201422,02098.164.74$104,306
May 201422,79094.734.73$107,718
Apr 201422,04195.944.81$105,998
Mar 201423,44295.895.06$118,542
Feb 201421,27797.406.19$131,747
Jan 201422,93990.404.86$111,500
Dec 201322,34491.824.35$97,297
Nov 201322,31088.853.74$83,401
Oct 201323,68297.423.78$89,503
Sep 201322,590104.113.72$83,984
Aug 201323,222104.253.52$81,802
Jul 201323,942102.523.72$89,010
Jun 201323,40994.403.93$92,077
May 201324,35594.834.15$101,051
Apr 201323,79593.964.28$101,904
Mar 201324,84693.623.91$97,219
Feb 201322,92591.233.42$78,401
Jan 201325,85691.603.42$88,425
Dec 201225,78486.773.42$88,185
Nov 201223,76586.953.62$86,147
Oct 201224,58789.383.40$83,588
Sep 201223,91094.672.92$69,779
Aug 201224,94892.662.91$72,553
Jul 201225,12885.133.02$75,907
Jun 201224,42979.822.52$61,538
May 201225,82691.612.49$64,263
Apr 201225,439101.652.00$50,797
Mar 201226,612105.052.22$59,134
Feb 201225,291101.102.57$65,004
Jan 201227,38398.092.73$74,867
Dec 201127,83196.873.24$90,165
Nov 201127,56295.723.31$91,266
Oct 201128,10884.983.65$102,553
Sep 201128,81983.623.99$114,867
Aug 201125,38883.404.15$105,343
Jul 201130,69794.144.52$138,666
Jun 201129,69692.904.64$137,786
May 201132,35798.134.40$142,527
Apr 201126,013105.964.33$112,722
Mar 201129,67996.364.06$120,418
Feb 201127,03385.644.18$112,997
Jan 201131,80886.504.59$145,960
Dec 201031,09585.734.35$135,193
Nov 201030,46780.843.80$115,632
Oct 201031,95678.103.51$112,130
Sep 201030,22472.633.98$120,276
Aug 201032,16873.684.42$142,162
Jul 201032,66972.554.74$154,736
Jun 201032,15570.364.91$157,894
May 201034,10971.124.24$144,459
Apr 201034,03281.694.12$140,303
Mar 201037,57878.394.39$164,917
Feb 201033,73073.585.44$183,571
Jan 201055,30974.365.96$329,868
Dec 200942,36471.445.48$232,314
Nov 200926,49874.593.75$99,407
Oct 200914,33272.544.11$58,908
Sep 200939,53965.543.06$121,177
Aug 200938,89567.423.22$125,184
Jul 200940,18761.133.46$139,228
Jun 200942,37266.163.90$165,039
May 200942,19154.743.93$165,631
Apr 200942,63646.773.59$152,957
Mar 200943,52042.144.06$176,648
Feb 200940,55232.814.63$187,877
Jan 200945,90935.865.37$246,577
Dec 200847,45137.105.98$283,621
Nov 200847,06455.496.86$322,876
Oct 200850,36075.246.92$348,591
Sep 200850,009101.767.88$393,925
Aug 200853,109114.228.48$450,525
Jul 200856,168131.0811.39$639,722
Jun 200858,044131.3313.03$756,466
May 200864,638123.1711.57$748,139
Apr 200868,291110.3110.45$713,973
Mar 200875,155101.909.66$726,303
Feb 200879,86992.538.77$700,497
Jan 200884,71290.388.21$695,124
Dec 200725,33088.337.30$184,959
Nov 200744,02091.677.29$320,981
Oct 200745,45582.856.92$314,639
Sep 200744,51975.846.24$277,984
Aug 200746,90069.066.39$299,594
Jul 200747,08870.906.39$300,795
Jun 200746,35662.007.55$349,916
May 200749,90558.747.85$391,569
Apr 200750,10159.617.81$391,048
Mar 200750,28256.927.30$367,158
Feb 200745,80155.108.22$376,301
Jan 200752,69650.306.73$354,478
Dec 200652,91756.656.92$366,103
Nov 200651,41754.207.62$391,668
Oct 200656,31554.906.01$338,667
Sep 200655,24560.085.04$278,280
Aug 200655,85868.717.34$409,993
Jul 200658,22869.376.34$369,326
Jun 200656,38566.286.38$359,955
May 200659,36666.016.42$381,427
Apr 200659,24964.397.36$436,101
Mar 200661,20856.707.08$433,531
Feb 200654,81657.597.75$424,885
Jan 200664,96960.598.93$580,389
Dec 200566,35154.9413.42$890,125
Nov 200565,71754.6910.59$695,838
Oct 200568,44858.3413.80$944,292
Sep 200566,79261.4512.08$806,781
Aug 200571,26761.519.80$698,191
Jul 200568,76055.697.84$539,329
Jun 200574,37652.337.38$548,972
May 200581,06745.226.65$539,190
Apr 200586,12849.207.36$633,943
Mar 200574,71750.377.15$534,591
Feb 200580,34145.226.31$507,106
Jan 200586,19143.166.32$544,917
Dec 200492,44339.866.75$624,090
Nov 200489,32445.286.33$565,458
Oct 2004102,17649.706.52$665,687
Sep 2004101,70643.245.28$537,404
Aug 2004116,39442.375.55$646,064
Jul 2004103,63538.286.08$630,534
Jun 2004112,91836.106.43$726,404
May 2004122,80337.486.49$797,554
Apr 2004124,78334.475.86$731,036
Mar 200453,57334.365.53$296,266

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               23,982 Mcf  × $  3.05 =    $73,045

────────────────────────────────────────────────────
Month total                                  $73,045

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/201732 is the state's own key, not one this site invented.