BEGGS

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 216480District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.7 M
Dec 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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
CondensateDisposition181 bbl$12,551
GasProduction415,448 Mcf$2,735,069
Total$2,747,620

Every month this lease reported (246)

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

246 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 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201201098.092.73$27
Dec 201103996.873.24$126
Nov 2011036895.723.31$1,219
Oct 2011058084.983.65$2,116
Sep 2011038883.623.99$1,546
Aug 201101,60083.404.15$6,639
Jul 2011080894.144.52$3,650
Jun 201101,73292.904.64$8,036
May 2011140898.134.40$1,895
Apr 20110812105.964.33$3,519
Mar 201162,06296.364.06$8,944
Feb 2011101,23185.644.18$6,002
Jan 201142,72786.504.59$12,860
Dec 201083,06485.734.35$14,007
Nov 201023,12580.843.80$12,022
Oct 201051,70778.103.51$6,380
Sep 201022,53272.633.98$10,221
Aug 201005,57373.684.42$24,629
Jul 201005,08672.554.74$24,090
Jun 201081,83570.364.91$9,573
May 201091,20971.124.24$5,760
Apr 2010027581.694.12$1,134
Mar 20100078.394.39$0
Feb 2010032773.585.44$1,780
Jan 201001,16174.365.96$6,924
Dec 2009039171.445.48$2,144
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009044665.543.06$1,367
Aug 200904,76167.423.22$15,323
Jul 200904,16661.133.46$14,433
Jun 200906,79266.163.90$26,455
May 200906,38254.743.93$25,054
Apr 200906,39946.773.59$22,956
Mar 200906,49342.144.06$26,355
Feb 200906,16532.814.63$28,562
Jan 200906,53235.865.37$35,083
Dec 200817,02337.105.98$42,015
Nov 200806,09555.496.86$41,814
Oct 200809,40775.246.92$65,115
Sep 200808,538101.767.88$67,255
Aug 200808,826114.228.48$74,871
Jul 200809,126131.0811.39$103,940
Jun 200805,524131.3313.03$71,992
May 200806,011123.1711.57$69,573
Apr 20080118110.3110.45$1,234
Mar 200800101.909.66$0
Feb 200851,43592.538.77$13,048
Jan 200801,23690.388.21$10,142
Dec 200721,08988.337.30$8,129
Nov 200702,95391.677.29$21,532
Oct 200764,08182.856.92$28,746
Sep 200723,81575.846.24$23,973
Aug 200744,94569.066.39$31,865
Jul 200746,09670.906.39$39,224
Jun 200746,07362.007.55$46,090
May 200706,56258.747.85$51,487
Apr 20071696059.617.81$8,447
Mar 200777,58056.927.30$55,747
Feb 200788,47255.108.22$70,047
Jan 200789,94650.306.73$67,308
Dec 2006134,76456.656.92$33,696
Nov 2006213,17054.207.62$100,431
Oct 2006017,46054.906.01$105,001
Sep 20061120,71260.085.04$104,991
Aug 20062115,08368.717.34$112,151
Jul 2006518,45269.376.34$117,383
Jun 2006019,80966.286.38$126,458
May 2006719,63566.016.42$126,617
Apr 2006025,53364.397.36$187,935
Mar 2006032,11056.707.08$227,433
Feb 2006015,62357.597.75$121,096
Jan 20060060.598.93$0
Dec 20050054.9413.42$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.

Jan 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.09 =         $0
Gas                   10 Mcf  × $  2.73 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/216480 is the state's own key, not one this site invented.