CHANG UNIT

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 204650District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.2 M
Oct 2004 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
260
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 bbl$120
GasProduction1,563,012 Mcf$8,184,172
Total$8,184,292

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 2026019,541106.413.05$59,519
Apr 2026019,28598.932.87$55,343
Mar 2026021,16289.753.15$66,648
Feb 2026020,10663.503.75$75,404
Jan 2026022,66859.138.00$181,297
Dec 2025026,38456.664.41$116,442
Nov 2025026,19958.593.93$102,869
Oct 2025030,56659.383.30$101,016
Sep 2025033,46462.743.08$102,966
Aug 2025043,11463.933.01$129,978
Jul 2025012,65966.743.32$41,967
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024037184.451.66$616
Mar 202401,81880.301.55$2,809
Feb 202405976.091.78$105
Jan 2024064773.023.30$2,134
Dec 202301,59271.262.61$4,156
Nov 20230477.892.81$11
Oct 2023032085.443.09$988
Sep 202301,79189.042.74$4,898
Aug 202301,82680.522.67$4,881
Jul 202301,43874.852.64$3,799
Jun 202302,20068.962.26$4,969
May 202302,49970.622.23$5,566
Apr 202302,21478.122.24$4,954
Mar 202302,23072.852.39$5,337
Feb 202302,62075.112.47$6,460
Jan 202303,11176.533.39$10,539
Dec 202203,94076.415.73$22,573
Nov 202203,54085.005.65$19,988
Oct 202202,70387.185.86$15,850
Sep 202202,75184.888.16$22,458
Aug 202202,87794.529.13$26,259
Jul 202202,844101.587.54$21,450
Jun 202202,820115.097.98$22,496
May 202202,849109.378.43$24,026
Apr 202202,695104.226.84$18,427
Mar 202202,845108.885.08$14,442
Feb 202202,55891.054.86$12,429
Jan 202202,87081.844.54$13,023
Dec 202102,85471.323.90$11,128
Nov 202102,67877.435.24$14,024
Oct 202102,96679.795.71$16,947
Sep 202102,85169.865.35$15,255
Aug 202103,05666.024.22$12,898
Jul 202103,16270.783.98$12,591
Jun 202103,08269.493.38$10,419
May 202103,18863.483.02$9,620
Apr 202102,90560.362.76$8,013
Mar 202103,08461.302.72$8,379
Feb 202102,61457.805.55$14,502
Jan 202102,91750.412.81$8,198
Dec 202003,00544.642.68$8,040
Nov 202003,02038.772.71$8,174
Oct 202003,13836.972.48$7,777
Sep 202003,10037.091.99$6,172
Aug 202003,15639.982.39$7,527
Jul 202003,29538.371.83$6,014
Jun 202003,17534.901.69$5,367
May 202003,22516.921.81$5,853
Apr 202003,06614.751.80$5,532
Mar 202003,20730.341.86$5,953
Feb 202003,08849.881.98$6,116
Jan 202003,31157.252.09$6,936
Dec 201903,26259.012.30$7,517
Nov 201903,09455.302.75$8,511
Oct 201903,35053.472.42$8,102
Sep 201903,20055.052.66$8,503
Aug 201903,34053.112.30$7,697
Jul 201903,43956.272.46$8,460
Jun 201903,18752.782.49$7,939
May 201903,02558.482.74$8,289
Apr 201903,35162.632.75$9,218
Mar 201903,05956.803.06$9,367
Feb 201902,76550.852.79$7,720
Jan 201903,16846.033.23$10,227
Dec 201803,20646.594.19$13,419
Nov 201803,13452.934.24$13,280
Oct 201803,22961.443.40$10,972
Sep 201803,17959.543.11$9,880
Aug 201803,37659.403.07$10,353
Jul 201803,40865.142.93$9,992
Jun 201803,30360.183.08$10,163
May 201803,53265.382.90$10,246
Apr 201802,62963.842.90$7,626
Mar 201803,59061.222.79$10,005
Feb 201803,19661.782.77$8,841
Jan 201803,39662.874.01$13,616
Dec 201703,41957.272.92$9,989
Nov 201703,27455.423.12$10,210
Oct 201703,52749.292.98$10,523
Sep 201703,38447.523.09$10,447
Aug 201703,39545.373.00$10,200
Jul 201703,55743.873.09$10,981
Jun 201703,47242.493.09$10,719
May 201703,44045.373.26$11,226
Apr 201703,31447.933.21$10,643
Mar 201703,49046.772.98$10,413
Feb 201703,14050.452.95$9,271
Jan 201703,54149.413.42$12,106
Dec 201603,64648.763.72$13,573
Nov 201603,59642.492.64$9,509
Oct 201603,66446.193.09$11,323
Sep 201603,52841.553.10$10,939
Aug 201603,75141.442.92$10,969
Jul 201603,84841.622.92$11,253
Jun 201603,65745.352.69$9,822
May 201603,94142.521.99$7,847
Apr 201603,92636.561.99$7,817
Mar 201604,07733.011.79$7,314
Feb 201603,67026.472.06$7,574
Jan 201604,08427.352.36$9,656
Dec 201504,22532.362.00$8,456
Nov 201504,12638.792.17$8,942
Oct 201504,24543.552.43$10,301
Sep 201504,02742.992.76$11,108
Aug 201504,25640.162.87$12,225
Jul 201504,26848.152.95$12,570
Jun 201503,97856.152.88$11,468
May 201504,00455.212.96$11,834
Apr 201503,62249.822.71$9,803
Mar 201503,85042.892.93$11,299
Feb 201503,50544.662.98$10,432
Jan 201503,93443.433.10$12,198
Dec 201404,05454.693.59$14,559
Nov 201403,86170.464.25$16,416
Oct 201403,54878.303.90$13,841
Sep 201403,99486.164.05$16,157
Aug 201404,23689.394.04$17,093
Jul 201404,23496.564.18$17,696
Jun 201403,93998.164.74$18,659
May 201404,14694.734.73$19,596
Apr 201404,27795.944.81$20,569
Mar 201404,37295.895.06$22,108
Feb 201404,12597.406.19$25,542
Jan 201404,88490.404.86$23,740
Dec 201305,05991.824.35$22,029
Nov 201304,31188.853.74$16,116
Oct 201304,47197.423.78$16,898
Sep 201303,531104.113.72$13,127
Aug 201303,497104.253.52$12,319
Jul 201304,218102.523.72$15,681
Jun 201304,27294.403.93$16,804
May 201304,74294.834.15$19,675
Apr 201304,58293.964.28$19,623
Mar 201304,92493.623.91$19,267
Feb 201303,91391.233.42$13,382
Jan 201304,64891.603.42$15,896
Dec 201204,20286.773.42$14,372
Nov 201203,89186.953.62$14,105
Oct 201204,62489.383.40$15,720
Sep 201204,48294.672.92$13,080
Aug 201204,64692.662.91$13,511
Jul 201204,69685.133.02$14,186
Jun 201204,26179.822.52$10,734
May 201204,34791.612.49$10,817
Apr 201204,229101.652.00$8,444
Mar 201204,361105.052.22$9,690
Feb 201204,045101.102.57$10,397
Jan 201204,55598.092.73$12,454
Dec 201104,49796.873.24$14,569
Nov 201104,03495.723.31$13,358
Oct 201104,83884.983.65$17,652
Sep 201104,81083.623.99$19,172
Aug 201104,60983.404.15$19,124
Jul 201105,04794.144.52$22,799
Jun 201104,94692.904.64$22,949
May 201105,10098.134.40$22,465
Apr 201105,001105.964.33$21,671
Mar 201105,21996.364.06$21,175
Feb 201104,59185.644.18$19,190
Jan 201105,09186.504.59$23,361
Dec 201005,07485.734.35$22,060
Nov 201005,09880.843.80$19,349
Oct 201005,28278.103.51$18,534
Sep 201005,28972.633.98$21,047
Aug 201005,49173.684.42$24,267
Jul 201005,63172.554.74$26,671
Jun 201005,36370.364.91$26,334
May 201005,52571.124.24$23,400
Apr 201005,26281.694.12$21,694
Mar 201005,64178.394.39$24,756
Feb 201004,74273.585.44$25,808
Jan 201004,68574.365.96$27,942
Dec 200905,57871.445.48$30,588
Nov 200905,41974.593.75$20,329
Oct 200906,64772.544.11$27,321
Sep 200906,45165.543.06$19,771
Aug 200906,91367.423.22$22,249
Jul 200905,28761.133.46$18,317
Jun 200905,74966.163.90$22,392
May 200906,77854.743.93$26,609
Apr 200906,80146.773.59$24,399
Mar 200906,53242.144.06$26,513
Feb 200906,17132.814.63$28,590
Jan 200905,68435.865.37$30,529
Dec 200807,17837.105.98$42,904
Nov 200806,11455.496.86$41,944
Oct 200807,51375.246.92$52,005
Sep 200808,222101.767.88$64,765
Aug 200808,740114.228.48$74,142
Jul 200806,192131.0811.39$70,523
Jun 200806,816131.3313.03$88,830
May 200806,006123.1711.57$69,515
Apr 200806,141110.3110.45$64,203
Mar 200806,135101.909.66$59,289
Feb 200805,57792.538.77$48,914
Jan 200805,96890.388.21$48,972
Dec 200706,18888.337.30$45,185
Nov 200706,48391.677.29$47,272
Oct 200707,11482.856.92$49,243
Sep 200706,51975.846.24$40,706
Aug 200705,46369.066.39$34,897
Jul 200705,84470.906.39$37,331
Jun 200705,83562.007.55$44,045
May 200706,91958.747.85$54,288
Apr 200707,78259.617.81$60,740
Mar 200707,58256.927.30$55,364
Feb 200706,47055.108.22$53,158
Jan 200708,96650.306.73$60,313
Dec 200609,84156.656.92$68,084
Nov 200609,87354.207.62$75,207
Oct 2006010,83054.906.01$65,129
Sep 2006010,37060.085.04$52,236
Aug 2006010,29968.717.34$75,594
Jul 2006011,53469.376.34$73,157
Jun 2006010,42066.286.38$66,520
May 2006011,75166.016.42$75,500
Apr 2006011,66964.397.36$85,889
Mar 2006012,58556.707.08$89,139
Feb 2006011,31157.597.75$87,673
Jan 2006013,63960.598.93$121,842
Dec 2005014,28254.9413.42$191,599
Nov 2005013,45354.6910.59$142,446
Oct 2005115,29758.3413.80$211,092
Sep 2005013,97661.4512.08$168,816
Aug 2005116,21161.519.80$158,878
Jul 2005015,28355.697.84$119,874
Jun 2005016,24152.337.38$119,875
May 2005015,98245.226.65$106,299
Apr 2005017,71849.207.36$130,413
Mar 2005020,17850.377.15$144,371
Feb 2005020,07745.226.31$126,724
Jan 2005025,87543.166.32$163,587
Dec 2004030,33939.866.75$204,821
Nov 2004034,61745.286.33$219,140
Oct 2004028,41949.706.52$185,153

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               19,541 Mcf  × $  3.05 =    $59,519

────────────────────────────────────────────────────
Month total                                  $59,519

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/204650 is the state's own key, not one this site invented.