MADELON

Operated by BKV BARNETT II, LLC (P-5 103758) 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 209027District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Feb 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
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
CondensateDisposition109 bbl$7,131
GasProduction448,604 Mcf$2,956,384
Total$2,963,515

Every month this lease reported (256)

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

256 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016062226.472.06$1,284
Jan 20160027.352.36$0
Dec 201501,92132.362.00$3,845
Nov 201504,61738.792.17$10,007
Oct 201504,14143.552.43$10,048
Sep 201503,57642.992.76$9,864
Aug 201502,32840.162.87$6,687
Jul 201502,42248.152.95$7,133
Jun 201502,59756.152.88$7,487
May 201502,60955.212.96$7,711
Apr 201502,00749.822.71$5,432
Mar 201502,63242.892.93$7,724
Feb 201502,88244.662.98$8,577
Jan 201504,78343.433.10$14,830
Dec 201403,04054.693.59$10,918
Nov 201401,96870.464.25$8,368
Oct 201403,96678.303.90$15,471
Sep 201404,10086.164.05$16,586
Aug 201404,21989.394.04$17,024
Jul 201404,73896.564.18$19,803
Jun 201404,58198.164.74$21,700
May 201404,74194.734.73$22,409
Apr 201404,13395.944.81$19,876
Mar 201405,33295.895.06$26,963
Feb 201403,76797.406.19$23,325
Jan 201406,78390.404.86$32,970
Dec 201308,80991.824.35$38,359
Nov 201306,36388.853.74$23,787
Oct 201304,65497.423.78$17,589
Sep 201304,159104.113.72$15,462
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013080794.834.15$3,348
Apr 201301,11193.964.28$4,758
Mar 201301,52793.623.91$5,975
Feb 201301,35391.233.42$4,627
Jan 201302,49491.603.42$8,529
Dec 201201,19186.773.42$4,073
Nov 2012054286.953.62$1,965
Oct 2012085789.383.40$2,914
Sep 2012052594.672.92$1,532
Aug 2012020092.662.91$582
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201205,057101.652.00$10,098
Mar 201200105.052.22$0
Feb 20120317101.102.57$815
Jan 2012055898.092.73$1,526
Dec 2011032596.873.24$1,053
Nov 2011050295.723.31$1,662
Oct 2011063184.983.65$2,302
Sep 201131,39483.623.99$5,807
Aug 201126,42783.404.15$26,834
Jul 201101,26894.144.52$5,728
Jun 20110192.904.64$5
May 2011014698.134.40$643
Apr 2011013105.964.33$56
Mar 20110296.364.06$8
Feb 2011238485.644.18$1,776
Jan 2011539686.504.59$2,250
Dec 2010635985.734.35$2,075
Nov 2010235380.843.80$1,501
Oct 20100078.103.51$0
Sep 201001372.633.98$52
Aug 201001173.684.42$49
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20080411123.1711.57$4,757
Apr 200800110.3110.45$0
Mar 200812,150101.909.66$20,880
Feb 200815,15292.538.77$45,279
Jan 200807,75090.388.21$63,594
Dec 200728,25788.337.30$60,469
Nov 200707,85691.677.29$57,284
Oct 200718,83982.856.92$61,266
Sep 200707,12675.846.24$44,496
Aug 200718,46769.066.39$54,156
Jul 200709,24370.906.39$59,044
Jun 200716,63062.007.55$50,108
May 200709,97758.747.85$78,282
Apr 200719,28559.617.81$72,531
Mar 200715,94956.927.30$43,496
Feb 200756,91655.108.22$57,097
Jan 200747,46050.306.73$50,384
Dec 2006410,00356.656.92$69,432
Nov 2006010,09254.207.62$76,876
Oct 2006014,14154.906.01$85,041
Sep 2006410,88760.085.04$55,080
Aug 20062411,44168.717.34$85,625
Jul 200615,57669.376.34$35,437
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200601556.707.08$106
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200569,88154.6910.59$104,952
Oct 20051713,49058.3413.80$187,097
Sep 2005013,37661.4512.08$161,569
Aug 2005015,16061.519.80$148,520
Jul 2005016,56355.697.84$129,914
Jun 2005117,43452.337.38$128,733
May 2005018,52945.226.65$123,239
Apr 2005622,84549.207.36$168,445
Mar 200586,44950.377.15$46,545
Feb 20050045.226.31$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.

Feb 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.47 =         $0
Gas                  622 Mcf  × $  2.06 =     $1,284

────────────────────────────────────────────────────
Month total                                   $1,284

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/209027 is the state's own key, not one this site invented.