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 203598District 09Field 65280200GasSaveExport
Value, all time
$7.0 M
Aug 2004 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
262
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
GasProduction1,213,116 Mcf$6,993,907
Total$6,993,907

Every month this lease reported (262)

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

262 months

May 20261,437106.413.05$4,377
Apr 20261,32998.932.87$3,814
Mar 20261,36389.753.15$4,293
Feb 20261,36963.503.75$5,134
Jan 20261,30359.138.00$10,421
Dec 20251,31756.664.41$5,812
Nov 20251,35558.593.93$5,320
Oct 20251,05459.383.30$3,483
Sep 20251,17062.743.08$3,600
Aug 20251,26363.933.01$3,808
Jul 20251,21866.743.32$4,038
Jun 20251,16066.483.13$3,629
May 20251,25360.553.23$4,050
Apr 20251,26262.363.54$4,471
Mar 20251,29967.704.27$5,545
Feb 20251,07570.884.34$4,666
Jan 20251,19374.324.28$5,104
Dec 20241,23768.993.12$3,861
Nov 20241,14769.052.20$2,522
Oct 20241,17771.372.28$2,685
Sep 20241,23569.612.36$2,920
Aug 20241,36275.632.06$2,811
Jul 20241,36079.932.15$2,919
Jun 202492478.082.63$2,434
May 20241,27178.812.20$2,794
Apr 20241,16984.451.66$1,940
Mar 20241,33380.301.55$2,060
Feb 20241,31076.091.78$2,337
Jan 20241,35973.023.30$4,482
Dec 20231,41571.262.61$3,694
Nov 20231,35077.892.81$3,790
Oct 20231,44385.443.09$4,455
Sep 202393689.042.74$2,560
Aug 20231,32480.522.67$3,539
Jul 20231,17774.852.64$3,109
Jun 20231,22668.962.26$2,769
May 20231,27470.622.23$2,838
Apr 20231,34978.122.24$3,019
Mar 20231,36272.852.39$3,259
Feb 20231,25275.112.47$3,087
Jan 20231,32976.533.39$4,502
Dec 20221,52276.415.73$8,720
Nov 20221,28385.005.65$7,244
Oct 20221,28687.185.86$7,541
Sep 20221,43384.888.16$11,699
Aug 20221,55194.529.13$14,156
Jul 20221,879101.587.54$14,172
Jun 20221,808115.097.98$14,423
May 20221,857109.378.43$15,660
Apr 20221,744104.226.84$11,925
Mar 20222,174108.885.08$11,036
Feb 20221,39991.054.86$6,798
Jan 20221,53081.844.54$6,943
Dec 20211,44871.323.90$5,646
Nov 202193377.435.24$4,886
Oct 20211,02879.795.71$5,874
Sep 20211,19769.865.35$6,405
Aug 20211,12966.024.22$4,765
Jul 20211,70670.783.98$6,793
Jun 20211,25669.493.38$4,246
May 20211,07963.483.02$3,256
Apr 20211,07560.362.76$2,965
Mar 20211,20361.302.72$3,268
Feb 20211,17157.805.55$6,497
Jan 20211,11450.412.81$3,131
Dec 20201,10344.642.68$2,951
Nov 20201,08138.772.71$2,926
Oct 20201,08136.972.48$2,679
Sep 20201,26837.091.99$2,525
Aug 20201,55039.982.39$3,697
Jul 20201,62238.371.83$2,960
Jun 20201,58034.901.69$2,671
May 20201,46116.921.81$2,651
Apr 20201,24614.751.80$2,248
Mar 20201,29130.341.86$2,396
Feb 20201,39749.881.98$2,767
Jan 20201,49957.252.09$3,140
Dec 20191,59259.012.30$3,669
Nov 20191,32255.302.75$3,636
Oct 20191,43653.472.42$3,473
Sep 20191,32255.052.66$3,513
Aug 20191,40953.112.30$3,247
Jul 20191,46756.272.46$3,609
Jun 20191,41352.782.49$3,520
May 20191,33258.482.74$3,650
Apr 20191,48262.632.75$4,077
Mar 20191,66056.803.06$5,083
Feb 20191,85250.852.79$5,171
Jan 20192,17146.033.23$7,008
Dec 20182,55846.594.19$10,706
Nov 20182,35652.934.24$9,983
Oct 20182,36361.443.40$8,030
Sep 20182,48259.543.11$7,714
Aug 20182,55959.403.07$7,847
Jul 20182,70665.142.93$7,934
Jun 20182,44260.183.08$7,514
May 20182,76065.382.90$8,006
Apr 20182,73363.842.90$7,928
Mar 20182,84961.222.79$7,940
Feb 20182,75261.782.77$7,612
Jan 20182,76662.874.01$11,090
Dec 20172,66757.272.92$7,792
Nov 20172,83155.423.12$8,828
Oct 20172,72649.292.98$8,134
Sep 20172,64147.523.09$8,154
Aug 20172,89145.373.00$8,686
Jul 20172,88443.873.09$8,904
Jun 20172,93142.493.09$9,049
May 20173,06145.373.26$9,989
Apr 20173,15647.933.21$10,136
Mar 20173,37846.772.98$10,079
Feb 20173,04450.452.95$8,988
Jan 20173,49149.413.42$11,935
Dec 20163,31048.763.72$12,323
Nov 20163,42642.492.64$9,060
Oct 20163,43346.193.09$10,609
Sep 20163,22841.553.10$10,009
Aug 20163,70041.442.92$10,820
Jul 20163,75241.622.92$10,972
Jun 20163,77045.352.69$10,126
May 20163,78942.521.99$7,544
Apr 20163,47836.561.99$6,925
Mar 20163,36633.011.79$6,039
Feb 20162,81326.472.06$5,805
Jan 20163,82627.352.36$9,046
Dec 20153,91132.362.00$7,828
Nov 20153,68938.792.17$7,995
Oct 20153,34243.552.43$8,110
Sep 20153,36942.992.76$9,293
Aug 20153,45740.162.87$9,930
Jul 20153,36248.152.95$9,901
Jun 20153,91056.152.88$11,272
May 20153,70955.212.96$10,962
Apr 20151,56949.822.71$4,247
Mar 20152,53442.892.93$7,437
Feb 20153,08444.662.98$9,179
Jan 20153,41243.433.10$10,579
Dec 20144,14054.693.59$14,868
Nov 20144,11770.464.25$17,505
Oct 20143,78578.303.90$14,765
Sep 20143,90086.164.05$15,777
Aug 20145,54289.394.04$22,363
Jul 20145,71496.564.18$23,882
Jun 20143,07698.164.74$14,571
May 20142,52894.734.73$11,949
Apr 20142,68595.944.81$12,912
Mar 20142,69995.895.06$13,648
Feb 20142,58097.406.19$15,975
Jan 20143,36990.404.86$16,376
Dec 20133,24491.824.35$14,126
Nov 20133,75288.853.74$14,026
Oct 20134,61197.423.78$17,427
Sep 20134,005104.113.72$14,890
Aug 20134,163104.253.52$14,665
Jul 20134,947102.523.72$18,392
Jun 20134,36994.403.93$17,185
May 20135,13694.834.15$21,310
Apr 20135,08293.964.28$21,764
Mar 20134,59993.623.91$17,995
Feb 20133,42791.233.42$11,720
Jan 20135,31391.603.42$18,170
Dec 20126,16286.773.42$21,075
Nov 20127,02786.953.62$25,473
Oct 20127,31689.383.40$24,872
Sep 20127,19794.672.92$21,004
Aug 20126,54792.662.91$19,040
Jul 20124,54685.133.02$13,733
Jun 20123,35379.822.52$8,446
May 20123,51491.612.49$8,744
Apr 20123,134101.652.00$6,258
Mar 20123,381105.052.22$7,513
Feb 20123,121101.102.57$8,022
Jan 20123,55698.092.73$9,722
Dec 20113,50796.873.24$11,362
Nov 20113,20395.723.31$10,606
Oct 20113,51284.983.65$12,814
Sep 20113,12583.623.99$12,456
Aug 20113,33483.404.15$13,834
Jul 20113,37994.144.52$15,264
Jun 20113,43292.904.64$15,924
May 20114,24498.134.40$18,694
Apr 20114,574105.964.33$19,820
Mar 20116,60696.364.06$26,803
Feb 20117,53685.644.18$31,500
Jan 20119,02286.504.59$41,400
Dec 201010,50185.734.35$45,656
Nov 201019,53280.843.80$74,130
Oct 201018,32878.103.51$64,311
Sep 20102,96572.633.98$11,799
Aug 20103,71273.684.42$16,405
Jul 20103,61172.554.74$17,103
Jun 20103,16270.364.91$15,527
May 20102,92071.124.24$12,367
Apr 20102,51881.694.12$10,381
Mar 20102,67878.394.39$11,753
Feb 20102,65573.585.44$14,449
Jan 20102,77174.365.96$16,526
Dec 20092,70171.445.48$14,812
Nov 20092,95974.593.75$11,101
Oct 20092,77772.544.11$11,414
Sep 20093,01165.543.06$9,228
Aug 20093,43767.423.22$11,062
Jul 20093,46761.133.46$12,011
Jun 20092,95166.163.90$11,494
May 20092,26154.743.93$8,876
Apr 20092,35946.773.59$8,463
Mar 20091,96342.144.06$7,968
Feb 20091,75932.814.63$8,149
Jan 20092,05935.865.37$11,059
Dec 20082,35437.105.98$14,070
Nov 20082,11455.496.86$14,503
Oct 20082,51775.246.92$17,423
Sep 20083,078101.767.88$24,246
Aug 20083,786114.228.48$32,117
Jul 20084,660131.0811.39$53,075
Jun 20088,594131.3313.03$112,002
May 200814,608123.1711.57$169,077
Apr 200810,967110.3110.45$114,658
Mar 20087,949101.909.66$76,820
Feb 200813,53392.538.77$118,692
Jan 200825,92490.388.21$212,725
Dec 20075,52688.337.30$40,351
Nov 20076,09591.677.29$44,443
Oct 20076,50382.856.92$45,014
Sep 20076,69875.846.24$41,823
Aug 20077,30969.066.39$46,689
Jul 20077,77170.906.39$49,641
Jun 20077,83662.007.55$59,150
May 20077,78058.747.85$61,044
Apr 20078,66259.617.81$67,609
Mar 20079,32356.927.30$68,076
Feb 20078,41955.108.22$69,171
Jan 20079,15850.306.73$61,604
Dec 20069,55256.656.92$66,085
Nov 20069,40554.207.62$71,642
Oct 200610,14654.906.01$61,016
Sep 20069,77860.085.04$49,254
Aug 200610,85668.717.34$79,682
Jul 200610,47469.376.34$66,434
Jun 200610,69666.286.38$68,282
May 200610,89466.016.42$69,994
Apr 200610,87764.397.36$80,060
Mar 200612,46656.707.08$88,296
Feb 200610,74657.597.75$83,294
Jan 200612,42560.598.93$110,997
Dec 200513,16554.9413.42$176,614
Nov 200513,16054.6910.59$139,343
Oct 200514,88658.3413.80$205,364
Sep 200516,59561.4512.08$200,451
Aug 200512,91661.519.80$126,536
Jul 200513,08655.697.84$102,642
Jun 200513,93852.337.38$102,877
May 200514,58145.226.65$96,981
Apr 200514,49449.207.36$106,683
Mar 200520,08950.377.15$143,734
Feb 200516,69845.226.31$105,396
Jan 200520,10343.166.32$127,095
Dec 200424,87439.866.75$167,926
Nov 200427,62345.286.33$174,865
Oct 200433,50149.706.52$218,262
Sep 200437,31143.245.28$197,148
Aug 2004042.375.55$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
Gas                1,437 Mcf  × $  3.05 =     $4,377

────────────────────────────────────────────────────
Month total                                   $4,377

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/203598 is the state's own key, not one this site invented.