MASTERS

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 211598District 09Field 65280200CondensateGasSaveExport
Value, all time
$17.7 M
Jun 2005 – May 2026
Value, last 12 filed months
$193 k
at the published price for each month
Months reported
252
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
CondensateDisposition29 bbl$1,971
GasProduction2,888,816 Mcf$17,661,289
Total$17,663,260

Every month this lease reported (252)

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

252 months

May 202606,325106.413.05$19,265
Apr 202605,90798.932.87$16,951
Mar 202606,03589.753.15$19,007
Feb 202606,07363.503.75$22,776
Jan 202605,50059.138.00$43,989
Dec 202505,69256.664.41$25,121
Nov 202506,49458.593.93$25,498
Oct 202501,54459.383.30$5,103
Sep 2025191462.743.08$2,875
Aug 202501,21263.933.01$3,654
Jul 202501,27066.743.32$4,210
Jun 202501,32166.483.13$4,133
May 202501,96260.553.23$6,342
Apr 202502,25062.363.54$7,972
Mar 202502,26467.704.27$9,663
Feb 202502,05170.884.34$8,903
Jan 202502,29474.324.28$9,815
Dec 202402,28568.993.12$7,132
Nov 202402,11369.052.20$4,645
Oct 202402,43971.372.28$5,564
Sep 202402,06569.612.36$4,882
Aug 202402,02775.632.06$4,183
Jul 202401,75579.932.15$3,767
Jun 202401,87078.082.63$4,926
May 202402,09178.812.20$4,597
Apr 202402,24884.451.66$3,730
Mar 202402,35880.301.55$3,643
Feb 202402,22376.091.78$3,965
Jan 202402,50773.023.30$8,267
Dec 202302,25571.262.61$5,887
Nov 202302,29577.892.81$6,443
Oct 202302,54385.443.09$7,851
Sep 202302,73389.042.74$7,475
Aug 202302,74980.522.67$7,348
Jul 202303,00574.852.64$7,939
Jun 202303,13768.962.26$7,085
May 202303,04270.622.23$6,776
Apr 202302,45978.122.24$5,503
Mar 202302,09972.852.39$5,023
Feb 202302,18975.112.47$5,397
Jan 202302,99176.533.39$10,133
Dec 202202,18576.415.73$12,518
Nov 202202,22685.005.65$12,568
Oct 202202,57687.185.86$15,105
Sep 202202,72884.888.16$22,271
Aug 202203,08994.529.13$28,194
Jul 202203,705101.587.54$27,943
Jun 202203,837115.097.98$30,609
May 202204,117109.378.43$34,719
Apr 202203,713104.226.84$25,388
Mar 202203,786108.885.08$19,219
Feb 202203,43391.054.86$16,680
Jan 202204,00681.844.54$18,178
Dec 202103,80971.323.90$14,852
Nov 202103,55077.435.24$18,591
Oct 202103,85779.795.71$22,038
Sep 202104,41669.865.35$23,630
Aug 202104,89566.024.22$20,660
Jul 202104,45170.783.98$17,724
Jun 202104,05269.493.38$13,698
May 202104,29763.483.02$12,967
Apr 202104,24160.362.76$11,698
Mar 202105,48261.302.72$14,894
Feb 202104,33957.805.55$24,073
Jan 202104,99850.412.81$14,046
Dec 202004,94244.642.68$13,222
Nov 202005,14738.772.71$13,931
Oct 202005,05636.972.48$12,531
Sep 202004,97937.091.99$9,913
Aug 202005,21639.982.39$12,441
Jul 202005,01538.371.83$9,153
Jun 202005,03434.901.69$8,509
May 202005,36816.921.81$9,742
Apr 202005,27214.751.80$9,513
Mar 202005,59330.341.86$10,382
Feb 202005,23849.881.98$10,375
Jan 202005,62357.252.09$11,779
Dec 201905,33959.012.30$12,303
Nov 201905,38855.302.75$14,821
Oct 201905,51753.472.42$13,343
Sep 201905,62155.052.66$14,937
Aug 201905,78953.112.30$13,340
Jul 201905,72456.272.46$14,081
Jun 201905,24852.782.49$13,074
May 201905,33958.482.74$14,631
Apr 201905,11462.632.75$14,067
Mar 201905,26456.803.06$16,119
Feb 201904,90750.852.79$13,701
Jan 201905,24246.033.23$16,922
Dec 201805,51146.594.19$23,066
Nov 201805,12352.934.24$21,707
Oct 201805,29261.443.40$17,983
Sep 201804,89659.543.11$15,217
Aug 201805,59459.403.07$17,154
Jul 201804,83465.142.93$14,173
Jun 201805,14960.183.08$15,843
May 201805,45365.382.90$15,818
Apr 201805,48463.842.90$15,908
Mar 201805,80661.222.79$16,180
Feb 201805,06761.782.77$14,016
Jan 201806,33562.874.01$25,399
Dec 201706,53257.272.92$19,083
Nov 201706,18055.423.12$19,271
Oct 201706,66449.292.98$19,883
Sep 201706,59247.523.09$20,351
Aug 201706,73545.373.00$20,235
Jul 201706,50543.873.09$20,083
Jun 201706,39642.493.09$19,746
May 201704,60945.373.26$15,041
Apr 201704,59247.933.21$14,748
Mar 201705,63446.772.98$16,810
Feb 201704,84950.452.95$14,317
Jan 201705,17449.413.42$17,689
Dec 201605,32548.763.72$19,824
Nov 201605,30542.492.64$14,028
Oct 201605,28046.193.09$16,317
Sep 201604,92441.553.10$15,268
Aug 201604,48641.442.92$13,119
Jul 201604,98841.622.92$14,587
Jun 201604,95545.352.69$13,308
May 201605,32642.521.99$10,604
Apr 201605,37736.561.99$10,706
Mar 201605,55933.011.79$9,973
Feb 201605,30526.472.06$10,948
Jan 201605,94227.352.36$14,049
Dec 201506,26632.362.00$12,541
Nov 201506,32038.792.17$13,698
Oct 201506,27443.552.43$15,224
Sep 201506,41642.992.76$17,698
Aug 201506,52740.162.87$18,749
Jul 201506,54348.152.95$19,270
Jun 201506,44856.152.88$18,589
May 201507,15855.212.96$21,155
Apr 201506,92749.822.71$18,748
Mar 201507,50842.892.93$22,034
Feb 201506,74244.662.98$20,065
Jan 201507,57043.433.10$23,472
Dec 201407,86154.693.59$28,232
Nov 201407,92170.464.25$33,679
Oct 201407,64678.303.90$29,827
Sep 201407,95986.164.05$32,198
Aug 201408,15389.394.04$32,898
Jul 201407,10696.564.18$29,700
Jun 201407,21798.164.74$34,186
May 201408,49794.734.73$40,162
Apr 201408,31195.944.81$39,969
Mar 201408,93595.895.06$45,183
Feb 201409,12597.406.19$56,502
Jan 201409,62790.404.86$46,794
Dec 201308,58491.824.35$37,379
Nov 201308,41088.853.74$31,439
Oct 201308,50997.423.78$32,159
Sep 201308,687104.113.72$32,296
Aug 201308,580104.253.52$30,224
Jul 201309,092102.523.72$33,802
Jun 201309,03394.403.93$35,530
May 201309,20594.834.15$38,192
Apr 201308,82593.964.28$37,794
Mar 201309,30093.623.91$36,390
Feb 201308,44291.233.42$28,871
Jan 201309,62991.603.42$32,930
Dec 201209,84786.773.42$33,678
Nov 201209,83486.953.62$35,648
Oct 201209,62789.383.40$32,729
Sep 201209,84994.672.92$28,743
Aug 2012010,34892.662.91$30,094
Jul 2012010,26285.133.02$30,999
Jun 201209,48879.822.52$23,901
May 2012010,26491.612.49$25,540
Apr 201209,995101.652.00$19,958
Mar 2012010,482105.052.22$23,292
Feb 201209,562101.102.57$24,577
Jan 2012010,10798.092.73$27,633
Dec 2011010,19296.873.24$33,019
Nov 201109,83395.723.31$32,560
Oct 2011010,75384.983.65$39,233
Sep 2011010,14683.623.99$40,440
Aug 2011011,26583.404.15$46,742
Jul 2011011,23694.144.52$50,756
Jun 201109,50792.904.64$44,111
May 2011010,38298.134.40$45,731
Apr 2011010,201105.964.33$44,204
Mar 2011011,12096.364.06$45,118
Feb 201109,82985.644.18$41,085
Jan 2011011,53586.504.59$52,932
Dec 2010010,32585.734.35$44,891
Nov 2010010,08980.843.80$38,291
Oct 2010010,47878.103.51$36,766
Sep 20100102,23672.633.98$406,845
Aug 2010010,34373.684.42$45,709
Jul 2010010,49472.554.74$49,705
Jun 2010010,36370.364.91$50,886
May 2010011,21871.124.24$47,511
Apr 2010011,20081.694.12$46,174
Mar 2010011,21778.394.39$49,228
Feb 2010010,15573.585.44$55,267
Jan 2010011,03574.365.96$65,814
Dec 2009011,34271.445.48$62,197
Nov 2009011,79174.593.75$44,234
Oct 2009012,72672.544.11$52,307
Sep 2009011,40265.543.06$34,944
Aug 2009013,87867.423.22$44,666
Jul 2009013,54961.133.46$46,941
Jun 2009012,42466.163.90$48,391
May 2009014,69954.743.93$57,705
Apr 2009014,45646.773.59$51,861
Mar 2009014,86342.144.06$60,329
Feb 2009014,48032.814.63$67,086
Jan 2009016,74235.865.37$89,921
Dec 2008018,24937.105.98$109,077
Nov 2008017,98055.496.86$123,349
Oct 2008418,94775.246.92$131,452
Sep 2008019,063101.767.88$150,161
Aug 2008021,296114.228.48$180,654
Jul 2008121,990131.0811.39$250,585
Jun 200805,485131.3313.03$71,484
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008016,414101.909.66$158,626
Feb 2008021,18892.538.77$185,831
Jan 2008022,94290.388.21$188,256
Dec 2007424,02388.337.30$175,769
Nov 2007023,79291.677.29$173,484
Oct 2007023,48982.856.92$162,590
Sep 2007021,33375.846.24$133,207
Aug 2007023,02969.066.39$147,108
Jul 2007023,84770.906.39$152,333
Jun 2007023,34062.007.55$176,181
May 2007023,91658.747.85$187,652
Apr 2007025,33959.617.81$197,776
Mar 2007026,72156.927.30$195,116
Feb 2007225,33155.108.22$208,230
Jan 2007128,70350.306.73$193,131
Dec 2006031,00456.656.92$214,499
Nov 2006032,02354.207.62$243,935
Oct 2006034,54654.906.01$207,753
Sep 2006035,64660.085.04$179,556
Aug 2006037,36368.717.34$274,241
Jul 2006140,19469.376.34$255,010
Jun 2006038,14166.286.38$243,488
May 2006042,34266.016.42$272,047
Apr 2006043,27264.397.36$318,503
Mar 2006049,92256.707.08$353,594
Feb 2006042,07357.597.75$326,113
Jan 2006065,65860.598.93$586,544
Dec 2005065,95954.9413.42$884,866
Nov 2005076,84854.6910.59$813,697
Oct 2005079,62858.3413.80$1,098,529
Sep 20051083,75361.4512.08$1,012,267
Aug 2005072,02361.519.80$705,598
Jul 2005578,99355.697.84$619,871
Jun 2005017,36252.337.38$128,150

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                6,325 Mcf  × $  3.05 =    $19,265

────────────────────────────────────────────────────
Month total                                  $19,265

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/211598 is the state's own key, not one this site invented.