L&S LAND

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 213531District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Jun 2005 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition5 bbl$325
GasProduction672,029 Mcf$4,757,990
Total$4,758,315

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 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 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201302691.824.35$113
Nov 201306288.853.74$232
Oct 201306697.423.78$249
Sep 2013067104.113.72$249
Aug 2013022104.253.52$78
Jul 201300102.523.72$0
Jun 20130294.403.93$8
May 20130094.834.15$0
Apr 201303393.964.28$141
Mar 20130093.623.91$0
Feb 201302,35991.233.42$8,068
Jan 20130091.603.42$0
Dec 201203486.773.42$116
Nov 2012010986.953.62$395
Oct 20120089.383.40$0
Sep 201202,29694.672.92$6,701
Aug 201201,64592.662.91$4,784
Jul 201202,66485.133.02$8,047
Jun 201203,02779.822.52$7,625
May 201203,75491.612.49$9,341
Apr 201203,894101.652.00$7,776
Mar 201204,194105.052.22$9,319
Feb 201203,897101.102.57$10,016
Jan 201204,70698.092.73$12,867
Dec 201104,07296.873.24$13,192
Nov 201102,31595.723.31$7,666
Oct 201103,27484.983.65$11,945
Sep 201102,50183.623.99$9,968
Aug 201104,47783.404.15$18,577
Jul 201102,46094.144.52$11,112
Jun 201102,70192.904.64$12,532
May 2011055698.134.40$2,449
Apr 201101,652105.964.33$7,159
Mar 201103,77296.364.06$15,304
Feb 201102,73185.644.18$11,416
Jan 201103,87086.504.59$17,759
Dec 201004,12685.734.35$17,939
Nov 201004,22980.843.80$16,050
Oct 201004,68878.103.51$16,450
Sep 201004,52972.633.98$18,023
Aug 201005,29173.684.42$23,383
Jul 201005,88772.554.74$27,884
Jun 201006,48370.364.91$31,834
May 201005,95271.124.24$25,208
Apr 201003,82181.694.12$15,753
Mar 201004,97178.394.39$21,816
Feb 201002,92073.585.44$15,892
Jan 201004,58574.365.96$27,345
Dec 200907,08971.445.48$38,874
Nov 200907,63874.593.75$28,654
Oct 200907,67672.544.11$31,550
Sep 200905,84565.543.06$17,913
Aug 200905,45867.423.22$17,567
Jul 200904,93661.133.46$17,101
Jun 200905,04666.163.90$19,654
May 200906,32054.743.93$24,811
Apr 200904,96546.773.59$17,812
Mar 200907,58842.144.06$30,800
Feb 200908,22932.814.63$38,125
Jan 200909,18435.865.37$49,327
Dec 200806,63237.105.98$39,640
Nov 200806,82055.496.86$46,788
Oct 200808,94075.246.92$61,883
Sep 200802,489101.767.88$19,606
Aug 200801,747114.228.48$14,820
Jul 200803,370131.0811.39$38,382
Jun 200802,370131.3313.03$30,887
May 200803,914123.1711.57$45,302
Apr 200805,156110.3110.45$53,905
Mar 200805,433101.909.66$52,505
Feb 200803,87692.538.77$33,995
Jan 2008032390.388.21$2,650
Dec 200702,14488.337.30$15,655
Nov 200702,48691.677.29$18,127
Oct 200705782.856.92$395
Sep 200704275.846.24$262
Aug 200702,44169.066.39$15,593
Jul 200709,64770.906.39$61,624
Jun 200708,79762.007.55$66,404
May 200708,71758.747.85$68,396
Apr 200707,66559.617.81$59,827
Mar 200708,86756.927.30$64,747
Feb 2007010,28355.108.22$84,485
Jan 200708,59950.306.73$57,844
Dec 200612,77856.656.92$19,276
Nov 200609,61054.207.62$73,204
Oct 2006012,41254.906.01$74,643
Sep 2006111,25660.085.04$56,759
Aug 2006012,92768.717.34$94,883
Jul 2006314,09869.376.34$89,628
Jun 2006011,02166.286.38$70,357
May 2006016,76766.016.42$107,728
Apr 2006012,84264.397.36$94,523
Mar 2006019,71556.707.08$139,640
Feb 2006017,81557.597.75$138,086
Jan 2006013,32060.598.93$118,992
Dec 2005012,74654.9413.42$170,993
Nov 2005015,94054.6910.59$168,779
Oct 2005024,87558.3413.80$343,170
Sep 2005021,97361.4512.08$265,412
Aug 2005035,78061.519.80$350,531
Jul 2005038,42655.697.84$301,400
Jun 2005042,21952.337.38$311,620

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.

Dec 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.82 =         $0
Gas                   26 Mcf  × $  4.35 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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/213531 is the state's own key, not one this site invented.