QUANT

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 208540District 09Field 65280200CondensateGasSaveExport
Value, all time
$14.1 M
Dec 2004 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
258
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
CondensateDisposition10 bbl$586
GasProduction2,661,134 Mcf$14,087,137
Total$14,087,723

Every month this lease reported (258)

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

258 months

May 202603,096106.413.05$9,430
Apr 202603,16598.932.87$9,083
Mar 202602,12989.753.15$6,705
Feb 202603,20863.503.75$12,031
Jan 202603,62059.138.00$28,952
Dec 202503,57356.664.41$15,769
Nov 202503,61758.593.93$14,202
Oct 202503,89559.383.30$12,872
Sep 202504,04662.743.08$12,449
Aug 202503,94663.933.01$11,896
Jul 2025099266.743.32$3,289
Jun 202502,32366.483.13$7,268
May 202502,38960.553.23$7,722
Apr 202502,35262.363.54$8,333
Mar 202502,59967.704.27$11,093
Feb 202502,09870.884.34$9,107
Jan 202502,18974.324.28$9,366
Dec 202402,58368.993.12$8,063
Nov 202402,55569.052.20$5,617
Oct 202402,74671.372.28$6,265
Sep 202402,57469.612.36$6,086
Aug 202402,76875.632.06$5,712
Jul 202402,77979.932.15$5,965
Jun 202402,68878.082.63$7,080
May 202402,75178.812.20$6,048
Apr 202402,61084.451.66$4,331
Mar 202402,47880.301.55$3,829
Feb 202402,87476.091.78$5,126
Jan 202402,83373.023.30$9,342
Dec 202303,12371.262.61$8,153
Nov 202303,15177.892.81$8,847
Oct 202302,22285.443.09$6,860
Sep 202302,23889.042.74$6,121
Aug 202301,44180.522.67$3,852
Jul 202302,38674.852.64$6,303
Jun 202302,47068.962.26$5,578
May 202303,35570.622.23$7,473
Apr 202303,45178.122.24$7,723
Mar 202302,97772.852.39$7,124
Feb 202303,67875.112.47$9,069
Jan 202303,68076.533.39$12,467
Dec 202204,51876.415.73$25,884
Nov 202204,83885.005.65$27,316
Oct 202205,63487.185.86$33,036
Sep 202204,83284.888.16$39,447
Aug 202204,49094.529.13$40,981
Jul 202203,963101.587.54$29,889
Jun 202203,494115.097.98$27,872
May 202203,760109.378.43$31,708
Apr 202204,048104.226.84$27,679
Mar 202204,237108.885.08$21,509
Feb 202203,76691.054.86$18,298
Jan 202204,32581.844.54$19,625
Dec 202104,32771.323.90$16,871
Nov 202104,24777.435.24$22,241
Oct 202104,65379.795.71$26,587
Sep 202104,41969.865.35$23,646
Aug 202102,59266.024.22$10,940
Jul 202103,03170.783.98$12,070
Jun 202104,08169.493.38$13,796
May 202104,07763.483.02$12,303
Apr 202104,37660.362.76$12,071
Mar 202104,25461.302.72$11,558
Feb 202104,03257.805.55$22,369
Jan 202104,77650.412.81$13,422
Dec 202004,89544.642.68$13,096
Nov 202004,77938.772.71$12,935
Oct 202005,05336.972.48$12,524
Sep 202004,85637.091.99$9,668
Aug 202005,00039.982.39$11,926
Jul 202004,83538.371.83$8,824
Jun 202004,33234.901.69$7,322
May 202004,81316.921.81$8,734
Apr 202004,80614.751.80$8,672
Mar 202005,29830.341.86$9,834
Feb 202005,10549.881.98$10,111
Jan 202005,49957.252.09$11,519
Dec 201905,31259.012.30$12,241
Nov 201905,14155.302.75$14,141
Oct 201905,38253.472.42$13,017
Sep 201905,53055.052.66$14,695
Aug 201905,87253.112.30$13,531
Jul 201906,21956.272.46$15,299
Jun 201906,08352.782.49$15,154
May 201906,08558.482.74$16,675
Apr 201906,21662.632.75$17,098
Mar 201906,79856.803.06$20,816
Feb 201906,59250.852.79$18,406
Jan 201907,16346.033.23$23,123
Dec 201807,32646.594.19$30,663
Nov 201807,20952.934.24$30,546
Oct 201807,71861.443.40$26,226
Sep 2018010,36959.543.11$32,227
Aug 201807,16259.403.07$21,963
Jul 201807,68065.142.93$22,517
Jun 201806,62260.183.08$20,375
May 201808,11765.382.90$23,546
Apr 201807,73563.842.90$22,438
Mar 201808,15561.222.79$22,727
Feb 201806,89061.782.77$19,059
Jan 201807,79962.874.01$31,269
Dec 201707,94657.272.92$23,214
Nov 201707,93955.423.12$24,757
Oct 201708,31649.292.98$24,812
Sep 201708,18047.523.09$25,254
Aug 201707,82745.373.00$23,515
Jul 201707,22743.873.09$22,312
Jun 201708,15742.493.09$25,183
May 201708,58345.373.26$28,010
Apr 201708,30647.933.21$26,676
Mar 201708,51446.772.98$25,403
Feb 201707,49550.452.95$22,130
Jan 201708,40649.413.42$28,738
Dec 201608,67348.763.72$32,288
Nov 201608,56142.492.64$22,638
Oct 201609,08446.193.09$28,072
Sep 201609,13441.553.10$28,321
Aug 2016010,47841.442.92$30,641
Jul 2016012,29641.622.92$35,958
Jun 2016012,88845.352.69$34,615
May 2016015,52242.521.99$30,905
Apr 2016013,30036.561.99$26,481
Mar 2016011,23033.011.79$20,147
Feb 201609,29226.472.06$19,175
Jan 2016010,08227.352.36$23,837
Dec 2015010,31332.362.00$20,641
Nov 2015010,28838.792.17$22,297
Oct 2015011,09243.552.43$26,916
Sep 2015010,75542.992.76$29,667
Aug 2015011,49340.162.87$33,014
Jul 2015012,00148.152.95$35,344
Jun 2015011,66756.152.88$33,634
May 2015012,49855.212.96$36,937
Apr 2015013,36849.822.71$36,181
Mar 2015013,82142.892.93$40,561
Feb 2015011,53444.662.98$34,327
Jan 2015011,80243.433.10$36,594
Dec 2014011,82054.693.59$42,450
Nov 2014012,42070.464.25$52,808
Oct 2014013,84678.303.90$54,013
Sep 2014013,50786.164.05$54,642
Aug 2014015,42689.394.04$62,246
Jul 2014015,59496.564.18$65,177
Jun 2014015,54698.164.74$73,640
May 2014016,47394.734.73$77,861
Apr 2014013,78895.944.81$66,308
Mar 2014012,05995.895.06$60,980
Feb 2014014,82297.406.19$91,778
Jan 2014018,75890.404.86$91,177
Dec 2013020,79191.824.35$90,534
Nov 2013019,84588.853.74$74,186
Oct 2013023,61997.423.78$89,265
Sep 2013025,069104.113.72$93,200
Aug 2013026,771104.253.52$94,304
Jul 2013028,831102.523.72$107,186
Jun 2013030,43994.403.93$119,729
May 2013046,06594.834.15$191,127
Apr 2013031,33693.964.28$134,199
Mar 2013011,98693.623.91$46,900
Feb 2013017,44691.233.42$59,664
Jan 2013021,13991.603.42$72,293
Dec 2012021,49186.773.42$73,503
Nov 2012013,01586.953.62$47,179
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201201,61085.133.02$4,863
Jun 201202,89879.822.52$7,300
May 201204,69091.612.49$11,670
Apr 201204,898101.652.00$9,780
Mar 201204,123105.052.22$9,162
Feb 201203,954101.102.57$10,163
Jan 201205,67298.092.73$15,508
Dec 201108,78496.873.24$28,458
Nov 201108,63795.723.31$28,600
Oct 201108,71884.983.65$31,808
Sep 201107,79483.623.99$31,065
Aug 201106,23483.404.15$25,867
Jul 201107,57894.144.52$34,232
Jun 201109,33392.904.64$43,304
May 2011010,04198.134.40$44,229
Apr 201108,580105.964.33$37,180
Mar 201108,55496.364.06$34,706
Feb 201108,10385.644.18$33,870
Jan 201108,43186.504.59$38,688
Dec 201009,28685.734.35$40,373
Nov 201008,85980.843.80$33,623
Oct 201008,91178.103.51$31,268
Sep 201008,54372.633.98$33,997
Aug 201008,95073.684.42$39,553
Jul 201009,22672.554.74$43,699
Jun 201008,38470.364.91$41,169
May 201009,74171.124.24$41,255
Apr 2010010,04381.694.12$41,404
Mar 2010010,70078.394.39$46,959
Feb 201009,52573.585.44$51,838
Jan 2010010,87274.365.96$64,842
Dec 2009011,36271.445.48$62,306
Nov 2009011,37174.593.75$42,658
Oct 2009012,07372.544.11$49,623
Sep 2009012,33965.543.06$37,816
Aug 2009012,58767.423.22$40,511
Jul 2009010,53761.133.46$36,505
Jun 200906,08066.163.90$23,682
May 200905,16754.743.93$20,284
Apr 200906,00846.773.59$21,554
Mar 200907,37042.144.06$29,915
Feb 200906,71032.814.63$31,087
Jan 200907,14235.865.37$38,360
Dec 200807,21237.105.98$43,107
Nov 200805,47055.496.86$37,526
Oct 200808,54875.246.92$59,169
Sep 2008011,374101.767.88$89,594
Aug 2008013,429114.228.48$113,918
Jul 2008015,267131.0811.39$173,882
Jun 2008015,732131.3313.03$205,029
May 2008016,851123.1711.57$195,038
Apr 2008016,208110.3110.45$169,452
Mar 2008016,532101.909.66$159,766
Feb 2008010,57192.538.77$92,714
Jan 2008015,21990.388.21$124,883
Dec 200708,47188.337.30$61,855
Nov 2007012,01391.677.29$87,595
Oct 2007015,20782.856.92$105,263
Sep 2007016,74675.846.24$104,565
Aug 2007017,85869.066.39$114,076
Jul 2007019,58870.906.39$125,127
Jun 2007036,51762.007.55$275,647
May 2007011,97858.747.85$93,983
Apr 2007041859.617.81$3,263
Mar 2007014,58956.927.30$106,528
Feb 2007015,57155.108.22$127,931
Jan 2007019,45850.306.73$130,891
Dec 2006019,43456.656.92$134,453
Nov 2006018,65654.207.62$142,112
Oct 2006023,38554.906.01$140,633
Sep 2006024,85460.085.04$125,195
Aug 20060068.717.34$0
Jul 200607,96369.376.34$50,507
Jun 2006010,73766.286.38$68,544
May 2006012,09766.016.42$77,723
Apr 2006020,92964.397.36$154,047
Mar 2006124,07256.707.08$170,557
Feb 2006019,66057.597.75$152,387
Jan 2006112,63560.598.93$112,933
Dec 2005022,41154.9413.42$300,653
Nov 2005023,11354.6910.59$244,730
Oct 2005025,69458.3413.80$354,468
Sep 2005029,91861.4512.08$361,380
Aug 2005436,84861.519.80$361,240
Jul 2005438,88155.697.84$305,191
Jun 2005040,51752.337.38$299,058
May 2005050,47545.226.65$335,717
Apr 2005058,93949.207.36$433,819
Mar 20050127,83750.377.15$914,658
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,096 Mcf  × $  3.05 =     $9,430

────────────────────────────────────────────────────
Month total                                   $9,430

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/208540 is the state's own key, not one this site invented.