GOLDEN TRIANGLE "B"

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 208503District 09Field 65280200GasSaveExport
Value, all time
$9.5 M
Apr 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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
GasProduction1,691,307 Mcf$9,476,374
Total$9,476,374

Every month this lease reported (266)

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

266 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 20211,27269.493.38$4,300
May 20213,48963.483.02$10,529
Apr 20212,41860.362.76$6,670
Mar 2021061.302.72$0
Feb 20211,92857.805.55$10,696
Jan 20213,62150.412.81$10,176
Dec 202071844.642.68$1,921
Nov 20203,22138.772.71$8,718
Oct 20204,21936.972.48$10,457
Sep 20204,11737.091.99$8,197
Aug 20204,25239.982.39$10,141
Jul 20204,39138.371.83$8,014
Jun 20204,34534.901.69$7,344
May 20204,34316.921.81$7,881
Apr 20204,71514.751.80$8,508
Mar 20204730.341.86$87
Feb 2020049.881.98$0
Jan 2020557.252.09$10
Dec 2019059.012.30$0
Nov 20191,75155.302.75$4,816
Oct 201911053.472.42$266
Sep 201911855.052.66$314
Aug 20192,68853.112.30$6,194
Jul 20193,62156.272.46$8,908
Jun 20193,28752.782.49$8,189
May 20193,66958.482.74$10,054
Apr 20193,35862.632.75$9,237
Mar 20193,88056.803.06$11,881
Feb 20193,47550.852.79$9,703
Jan 20193,84146.033.23$12,399
Dec 20183,89846.594.19$16,315
Nov 20183,89652.934.24$16,508
Oct 20183,80061.443.40$12,913
Sep 20184,10259.543.11$12,749
Aug 20184,34059.403.07$13,309
Jul 20184,57765.142.93$13,419
Jun 201836060.183.08$1,108
May 20183,70065.382.90$10,733
Apr 20182,83663.842.90$8,227
Mar 20184,11561.222.79$11,468
Feb 20183,64761.782.77$10,088
Jan 20184,28862.874.01$17,192
Dec 20174,08157.272.92$11,923
Nov 20174,10555.423.12$12,801
Oct 20174,28249.292.98$12,776
Sep 20174,21147.523.09$13,001
Aug 20173,81045.373.00$11,447
Jul 20174,20243.873.09$12,973
Jun 20174,23042.493.09$13,059
May 20174,28045.373.26$13,967
Apr 20173,88147.933.21$12,464
Mar 20174,08246.772.98$12,179
Feb 20174,01550.452.95$11,855
Jan 20174,57849.413.42$15,651
Dec 20164,40048.763.72$16,380
Nov 20164,49642.492.64$11,889
Oct 20164,53046.193.09$13,999
Sep 20164,54441.553.10$14,089
Aug 20164,23941.442.92$12,396
Jul 20164,64341.622.92$13,578
Jun 20164,13045.352.69$11,092
May 20164,89442.521.99$9,744
Apr 20164,73536.561.99$9,428
Mar 20164,83333.011.79$8,670
Feb 20164,50726.472.06$9,301
Jan 20164,34227.352.36$10,266
Dec 20154,15232.362.00$8,310
Nov 20154,90438.792.17$10,629
Oct 20155,11143.552.43$12,402
Sep 20154,88542.992.76$13,475
Aug 20153,86340.162.87$11,096
Jul 20155,08048.152.95$14,961
Jun 20154,96756.152.88$14,319
May 20154,16155.212.96$12,298
Apr 20155,05449.822.71$13,679
Mar 20155,44542.892.93$15,980
Feb 20154,92144.662.98$14,646
Jan 20155,53143.433.10$17,150
Dec 20145,55354.693.59$19,943
Nov 20145,62370.464.25$23,908
Oct 20145,63478.303.90$21,978
Sep 20145,49886.164.05$22,242
Aug 20146,03689.394.04$24,356
Jul 20145,73296.564.18$23,957
Jun 20145,32898.164.74$25,238
May 20145,61294.734.73$26,525
Apr 20144,05595.944.81$19,501
Mar 20146,33095.895.06$32,010
Feb 20145,89397.406.19$36,489
Jan 20146,03190.404.86$29,315
Dec 20133,78291.824.35$16,469
Nov 2013088.853.74$0
Oct 20135,78897.423.78$21,875
Sep 20137,316104.113.72$27,199
Aug 20131,618104.253.52$5,700
Jul 20134,888102.523.72$18,172
Jun 20135,98194.403.93$23,526
May 20136,12394.834.15$25,405
Apr 20136,22293.964.28$26,646
Mar 20136,67193.623.91$26,103
Feb 20136,33691.233.42$21,669
Jan 20136,88291.603.42$23,536
Dec 20125,04286.773.42$17,244
Nov 20126,79686.953.62$24,635
Oct 20127,06289.383.40$24,009
Sep 20126,57294.672.92$19,180
Aug 20126,81592.662.91$19,819
Jul 20127,30885.133.02$22,076
Jun 20127,28279.822.52$18,344
May 20127,76391.612.49$19,317
Apr 20127,952101.652.00$15,879
Mar 20126,836105.052.22$15,190
Feb 20127,741101.102.57$19,896
Jan 20127,93198.092.73$21,684
Dec 20117,64796.873.24$24,774
Nov 20117,56495.723.31$25,047
Oct 20115,66184.983.65$20,654
Sep 20117,74083.623.99$30,850
Aug 20117,79883.404.15$32,356
Jul 20117,00194.144.52$31,625
Jun 20117,22892.904.64$33,537
May 20118,62598.134.40$37,992
Apr 20118,398105.964.33$36,391
Mar 20118,90796.364.06$36,139
Feb 20118,16085.644.18$34,109
Jan 20118,79386.504.59$40,349
Dec 20108,92385.734.35$38,795
Nov 20109,03480.843.80$34,287
Oct 20109,75678.103.51$34,233
Sep 20109,68372.633.98$38,533
Aug 20109,86173.684.42$43,579
Jul 201010,64572.554.74$50,420
Jun 201010,58070.364.91$51,952
May 201010,52671.124.24$44,580
Apr 201010,49981.694.12$43,284
Mar 20107,40778.394.39$32,507
Feb 20106,58473.585.44$35,833
Jan 20109,17374.365.96$54,709
Dec 200911,03971.445.48$60,535
Nov 200910,24874.593.75$38,445
Oct 200911,46772.544.11$47,132
Sep 200911,54465.543.06$35,379
Aug 200911,46167.423.22$36,887
Jul 200911,71561.133.46$40,587
Jun 200910,03966.163.90$39,102
May 20098,64054.743.93$33,918
Apr 20096,68846.773.59$23,993
Mar 20095,74642.144.06$23,323
Feb 20096,50132.814.63$30,119
Jan 20094,84535.865.37$26,023
Dec 20085,40137.105.98$32,283
Nov 20089,29355.496.86$63,753
Oct 200810,26475.246.92$71,047
Sep 20089,898101.767.88$77,967
Aug 200810,617114.228.48$90,064
Jul 20089,569131.0811.39$108,985
Jun 20088,074131.3313.03$105,225
May 20087,638123.1711.57$88,404
Apr 20088,684110.3110.45$90,790
Mar 20089,214101.909.66$89,045
Feb 20089,00792.538.77$78,997
Jan 20089,85990.388.21$80,900
Dec 200710,00188.337.30$73,027
Nov 20079,61791.677.29$70,124
Oct 200710,56082.856.92$73,096
Sep 200710,38375.846.24$64,833
Aug 200710,71869.066.39$68,466
Jul 200710,22270.906.39$65,298
Jun 20079,65162.007.55$72,850
May 200710,62258.747.85$83,343
Apr 200710,57259.617.81$82,517
Mar 200711,01456.927.30$80,424
Feb 200710,16455.108.22$83,507
Jan 200711,35050.306.73$76,350
Dec 200611,31756.656.92$78,296
Nov 200611,57954.207.62$88,203
Oct 200611,89654.906.01$71,540
Sep 200610,36960.085.04$52,231
Aug 200611,02568.717.34$80,923
Jul 200612,58869.376.34$79,843
Jun 200612,28366.286.38$78,413
May 200613,29866.016.42$85,440
Apr 200613,24864.397.36$97,512
Mar 200613,63656.707.08$96,583
Feb 200613,49957.597.75$104,632
Jan 200615,13360.598.93$135,188
Dec 200515,70954.9413.42$210,743
Nov 200516,12754.6910.59$170,759
Oct 200516,70058.3413.80$230,389
Sep 200516,88561.4512.08$203,954
Aug 200518,12061.519.80$177,519
Jul 200519,15655.697.84$150,253
Jun 200519,36752.337.38$142,949
May 200521,40545.226.65$142,368
Apr 200521,19549.207.36$156,005
Mar 200523,52850.377.15$168,340
Feb 200522,20145.226.31$140,131
Jan 200525,20843.166.32$159,370
Dec 200428,66339.866.75$193,506
Nov 200424,64545.286.33$156,013
Oct 200420,86949.706.52$135,964
Sep 200427,71443.245.28$146,438
Aug 200437,03342.375.55$205,558
Jul 200440,50538.286.08$246,440
Jun 200440,94636.106.43$263,406
May 200439,90837.486.49$259,186
Apr 200442034.475.86$2,461

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.

Jun 2021 — as filed, then multipliedworked
Gas                1,272 Mcf  × $  3.38 =     $4,300

────────────────────────────────────────────────────
Month total                                   $4,300

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/208503 is the state's own key, not one this site invented.