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 204352District 09Field 65280200GasSaveExport
Value, all time
$5.0 M
Oct 2004 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
260
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
GasProduction793,747 Mcf$4,957,306
Total$4,957,306

Every month this lease reported (260)

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

260 months

May 2026575106.413.05$1,751
Apr 202659498.932.87$1,705
Mar 202661189.753.15$1,924
Feb 202663563.503.75$2,381
Jan 202644659.138.00$3,567
Dec 202562056.664.41$2,736
Nov 202561658.593.93$2,419
Oct 202563259.383.30$2,089
Sep 202565162.743.08$2,003
Aug 202562763.933.01$1,890
Jul 202568066.743.32$2,254
Jun 202565366.483.13$2,043
May 202576560.553.23$2,473
Apr 202572462.363.54$2,565
Mar 202573867.704.27$3,150
Feb 202569870.884.34$3,030
Jan 202568574.324.28$2,931
Dec 202471768.993.12$2,238
Nov 202471069.052.20$1,561
Oct 202475071.372.28$1,711
Sep 202471169.612.36$1,681
Aug 202476975.632.06$1,587
Jul 202475879.932.15$1,627
Jun 202473478.082.63$1,933
May 202475878.812.20$1,666
Apr 202468184.451.66$1,130
Mar 202477780.301.55$1,201
Feb 202469176.091.78$1,233
Jan 202470673.023.30$2,328
Dec 202368971.262.61$1,799
Nov 202367277.892.81$1,887
Oct 202371485.443.09$2,204
Sep 202368389.042.74$1,868
Aug 202368280.522.67$1,823
Jul 202360574.852.64$1,598
Jun 202372268.962.26$1,631
May 2023070.622.23$0
Apr 202353678.122.24$1,199
Mar 202388272.852.39$2,111
Feb 202379175.112.47$1,950
Jan 202390876.533.39$3,076
Dec 202284776.415.73$4,853
Nov 202287485.005.65$4,935
Oct 202293087.185.86$5,453
Sep 202293484.888.16$7,625
Aug 20221,04494.529.13$9,529
Jul 20221,087101.587.54$8,198
Jun 2022764115.097.98$6,095
May 2022842109.378.43$7,101
Apr 2022758104.226.84$5,183
Mar 2022831108.885.08$4,218
Feb 202276191.054.86$3,698
Jan 202283381.844.54$3,780
Dec 202182571.323.90$3,217
Nov 202182077.435.24$4,294
Oct 202184879.795.71$4,845
Sep 202182069.865.35$4,388
Aug 202183866.024.22$3,537
Jul 202173970.783.98$2,943
Jun 202181569.493.38$2,755
May 202185163.483.02$2,568
Apr 202184660.362.76$2,334
Mar 202192861.302.72$2,521
Feb 202171557.805.55$3,967
Jan 202192950.412.81$2,611
Dec 202089144.642.68$2,384
Nov 202086738.772.71$2,347
Oct 202089736.972.48$2,223
Sep 202078637.091.99$1,565
Aug 202083739.982.39$1,996
Jul 202089938.371.83$1,641
Jun 202084934.901.69$1,435
May 202089316.921.81$1,621
Apr 202076314.751.80$1,377
Mar 202091230.341.86$1,693
Feb 202083649.881.98$1,656
Jan 202090957.252.09$1,904
Dec 201989359.012.30$2,058
Nov 201985355.302.75$2,346
Oct 201990253.472.42$2,182
Sep 201987355.052.66$2,320
Aug 201990953.112.30$2,095
Jul 201989756.272.46$2,207
Jun 201987952.782.49$2,190
May 201993758.482.74$2,568
Apr 201987762.632.75$2,412
Mar 201987956.803.06$2,692
Feb 201977250.852.79$2,156
Jan 201992646.033.23$2,989
Dec 201892246.594.19$3,859
Nov 201893752.934.24$3,970
Oct 201897861.443.40$3,323
Sep 201898459.543.11$3,058
Aug 20181,01859.403.07$3,122
Jul 20181,04165.142.93$3,052
Jun 201894960.183.08$2,920
May 20181,03265.382.90$2,994
Apr 20181,01463.842.90$2,941
Mar 20181,04261.222.79$2,904
Feb 201886161.782.77$2,382
Jan 20181,01162.874.01$4,053
Dec 201782757.272.92$2,416
Nov 20171,10855.423.12$3,455
Oct 201764749.292.98$1,930
Sep 201799147.523.09$3,059
Aug 20171,11845.373.00$3,359
Jul 20171,02943.873.09$3,177
Jun 20171,05942.493.09$3,269
May 20171,11245.373.26$3,629
Apr 20171,19447.933.21$3,835
Mar 20171,24246.772.98$3,706
Feb 20171,07050.452.95$3,159
Jan 20171,17249.413.42$4,007
Dec 20161,10548.763.72$4,114
Nov 20161,10442.492.64$2,919
Oct 20161,21946.193.09$3,767
Sep 20161,18141.553.10$3,662
Aug 20161,18141.442.92$3,454
Jul 20161,04841.622.92$3,065
Jun 201695645.352.69$2,568
May 20161,02042.521.99$2,031
Apr 20161,00236.561.99$1,995
Mar 20161,03433.011.79$1,855
Feb 201688626.472.06$1,828
Jan 201696627.352.36$2,284
Dec 20151,15332.362.00$2,308
Nov 20151,16438.792.17$2,523
Oct 20151,19843.552.43$2,907
Sep 20151,12142.992.76$3,092
Aug 20151,14340.162.87$3,283
Jul 20151,00848.152.95$2,969
Jun 20151,03456.152.88$2,981
May 20151,42655.212.96$4,214
Apr 20151,37449.822.71$3,719
Mar 20151,43642.892.93$4,214
Feb 20151,31944.662.98$3,926
Jan 20151,48743.433.10$4,611
Dec 20141,46254.693.59$5,251
Nov 20141,48770.464.25$6,322
Oct 20141,58578.303.90$6,183
Sep 20141,53886.164.05$6,222
Aug 20141,51489.394.04$6,109
Jul 20141,50996.564.18$6,307
Jun 20141,32598.164.74$6,276
May 20141,55394.734.73$7,340
Apr 20141,49295.944.81$7,175
Mar 20141,42995.895.06$7,226
Feb 20141,27397.406.19$7,882
Jan 20141,43390.404.86$6,965
Dec 20131,48391.824.35$6,458
Nov 20131,45588.853.74$5,439
Oct 20131,59497.423.78$6,024
Sep 20131,565104.113.72$5,818
Aug 20131,615104.253.52$5,689
Jul 20131,644102.523.72$6,112
Jun 20131,60694.403.93$6,317
May 20131,68894.834.15$7,004
Apr 20131,84393.964.28$7,893
Mar 20132,02693.623.91$7,927
Feb 20131,81791.233.42$6,214
Jan 20132,04991.603.42$7,007
Dec 20121,87186.773.42$6,399
Nov 20121,53786.953.62$5,572
Oct 20121,58489.383.40$5,385
Sep 20121,56394.672.92$4,561
Aug 20121,59092.662.91$4,624
Jul 20121,63385.133.02$4,933
Jun 20121,61679.822.52$4,071
May 20121,67691.612.49$4,170
Apr 20122,175101.652.00$4,343
Mar 20122,281105.052.22$5,069
Feb 20122,147101.102.57$5,518
Jan 20122,37698.092.73$6,496
Dec 20112,46296.873.24$7,976
Nov 20112,36495.723.31$7,828
Oct 20112,48684.983.65$9,070
Sep 20112,52683.623.99$10,068
Aug 20112,87783.404.15$11,938
Jul 20112,60394.144.52$11,758
Jun 20112,71492.904.64$12,593
May 20113,44398.134.40$15,166
Apr 20113,819105.964.33$16,549
Mar 20113,49996.364.06$14,197
Feb 20113,87885.644.18$16,210
Jan 20114,08786.504.59$18,754
Dec 20104,17285.734.35$18,139
Nov 20104,27880.843.80$16,236
Oct 20104,49278.103.51$15,762
Sep 20104,38172.633.98$17,434
Aug 20104,49673.684.42$19,869
Jul 20104,50672.554.74$21,343
Jun 20104,25670.364.91$20,899
May 20104,52971.124.24$19,181
Apr 20104,40581.694.12$18,160
Mar 20104,38678.394.39$19,249
Feb 20103,76973.585.44$20,512
Jan 20104,11574.365.96$24,542
Dec 20094,59871.445.48$25,214
Nov 20094,56074.593.75$17,107
Oct 20094,12972.544.11$16,971
Sep 20094,35765.543.06$13,353
Aug 20094,55567.423.22$14,660
Jul 20095,39061.133.46$18,674
Jun 20097,30866.163.90$28,465
May 20097,92554.743.93$31,112
Apr 20097,86946.773.59$28,230
Mar 200910,85742.144.06$44,069
Feb 20098,23332.814.63$38,143
Jan 20094,81635.865.37$25,867
Dec 20086,58537.105.98$39,359
Nov 20086,89155.496.86$47,275
Oct 20087,86375.246.92$54,428
Sep 20087,388101.767.88$58,196
Aug 20088,086114.228.48$68,594
Jul 20088,006131.0811.39$91,184
Jun 200812,483131.3313.03$162,686
May 200811,343123.1711.57$131,287
Apr 200810,594110.3110.45$110,759
Mar 20088,651101.909.66$83,604
Feb 200812,47792.538.77$109,431
Jan 200814,86290.388.21$121,954
Dec 20078,21588.337.30$59,986
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 20073,46970.906.39$22,160
Jun 20075,34462.007.55$40,339
May 20076,59358.747.85$51,731
Apr 20076,84559.617.81$53,427
Mar 20077,50456.927.30$54,794
Feb 20076,29455.108.22$51,712
Jan 20077,09250.306.73$47,707
Dec 20067,11756.656.92$49,239
Nov 20066,92454.207.62$52,743
Oct 20067,39754.906.01$44,484
Sep 20066,20860.085.04$31,271
Aug 20066,26068.717.34$45,948
Jul 20067,24969.376.34$45,979
Jun 20067,39166.286.38$47,183
May 20067,76566.016.42$49,890
Apr 20067,67564.397.36$56,492
Mar 20068,75456.707.08$62,004
Feb 20067,79457.597.75$60,412
Jan 20069,09260.598.93$81,222
Dec 20059,96954.9413.42$133,738
Nov 20059,75254.6910.59$103,258
Oct 200510,07358.3413.80$138,965
Sep 200510,72761.4512.08$129,571
Aug 20059,51461.519.80$93,207
Jul 20059,93555.697.84$77,927
Jun 200512,16652.337.38$89,798
May 200511,34145.226.65$75,431
Apr 200511,63749.207.36$85,654
Mar 200513,72550.377.15$98,201
Feb 200513,14645.226.31$82,977
Jan 200515,51843.166.32$98,108
Dec 200417,63839.866.75$119,076
Nov 200419,74645.286.33$125,000
Oct 200418,54149.706.52$120,796

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                  575 Mcf  × $  3.05 =     $1,751

────────────────────────────────────────────────────
Month total                                   $1,751

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/204352 is the state's own key, not one this site invented.