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 216481District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 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$12,295
GasProduction659,103 Mcf$4,072,461
Total$4,084,756

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 2023092389.042.74$2,524
Aug 202301,69480.522.67$4,528
Jul 202301,63674.852.64$4,322
Jun 202301,66468.962.26$3,758
May 202301,68170.622.23$3,744
Apr 202301,66078.122.24$3,715
Mar 202301,67472.852.39$4,006
Feb 202301,34175.112.47$3,306
Jan 202301,72276.533.39$5,834
Dec 202201,54176.415.73$8,829
Nov 202201,63085.005.65$9,203
Oct 202201,73587.185.86$10,174
Sep 202201,66184.888.16$13,560
Aug 202201,67094.529.13$15,242
Jul 202201,839101.587.54$13,870
Jun 202201,635115.097.98$13,043
May 202201,651109.378.43$13,923
Apr 202201,621104.226.84$11,084
Mar 202201,703108.885.08$8,645
Feb 202201,38191.054.86$6,710
Jan 202201,65281.844.54$7,496
Dec 202101,66971.323.90$6,508
Nov 202101,56377.435.24$8,185
Oct 202101,69279.795.71$9,668
Sep 202101,65669.865.35$8,861
Aug 202101,71466.024.22$7,234
Jul 202101,78970.783.98$7,124
Jun 202101,67569.493.38$5,663
May 202101,72663.483.02$5,209
Apr 202101,70460.362.76$4,700
Mar 202101,72361.302.72$4,681
Feb 202101,56757.805.55$8,694
Jan 202102,02850.412.81$5,699
Dec 202001,32144.642.68$3,534
Nov 2020094338.772.71$2,552
Oct 202001,00236.972.48$2,483
Sep 2020087137.091.99$1,734
Aug 2020097039.982.39$2,314
Jul 2020091238.371.83$1,665
Jun 2020091634.901.69$1,548
May 2020094916.921.81$1,722
Apr 2020092214.751.80$1,664
Mar 2020087730.341.86$1,628
Feb 2020075049.881.98$1,486
Jan 2020088857.252.09$1,860
Dec 2019086259.012.30$1,986
Nov 2019082255.302.75$2,261
Oct 201901,04953.472.42$2,537
Sep 2019087255.052.66$2,317
Aug 2019081353.112.30$1,873
Jul 201901,08956.272.46$2,679
Jun 201901,20752.782.49$3,007
May 201901,28058.482.74$3,508
Apr 201901,31762.632.75$3,623
Mar 201901,28856.803.06$3,944
Feb 201901,53350.852.79$4,280
Jan 201901,95446.033.23$6,308
Dec 201801,89746.594.19$7,940
Nov 201801,47052.934.24$6,229
Oct 201802,35061.443.40$7,985
Sep 201801,09259.543.11$3,394
Aug 201801,20759.403.07$3,701
Jul 2018021565.142.93$630
Jun 2018070160.183.08$2,157
May 201801,26465.382.90$3,667
Apr 201801,63863.842.90$4,752
Mar 201803,52061.222.79$9,810
Feb 2018050261.782.77$1,389
Jan 2018097162.874.01$3,893
Dec 201701,11057.272.92$3,243
Nov 201701,47855.423.12$4,609
Oct 2017191749.292.98$2,785
Sep 201701,49547.523.09$4,615
Aug 201701,25045.373.00$3,756
Jul 201701,17543.873.09$3,628
Jun 2017061742.493.09$1,905
May 201701,10945.373.26$3,619
Apr 20170047.933.21$0
Mar 2017029546.772.98$880
Feb 2017067950.452.95$2,005
Jan 2017031549.413.42$1,077
Dec 2016077448.763.72$2,881
Nov 201601,33442.492.64$3,528
Oct 201601,95446.193.09$6,038
Sep 201601,86441.553.10$5,780
Aug 2016071441.442.92$2,088
Jul 2016068941.622.92$2,015
Jun 2016029745.352.69$798
May 201601,00742.521.99$2,005
Apr 201601,45636.561.99$2,899
Mar 2016024233.011.79$434
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015032332.362.00$646
Nov 201501,66538.792.17$3,609
Oct 201501,66243.552.43$4,033
Sep 201501,09442.992.76$3,018
Aug 2015079440.162.87$2,281
Jul 2015075648.152.95$2,226
Jun 201501,13956.152.88$3,284
May 201501,37055.212.96$4,049
Apr 2015082649.822.71$2,236
Mar 201501,15642.892.93$3,393
Feb 2015082444.662.98$2,452
Jan 2015054643.433.10$1,693
Dec 2014017254.693.59$618
Nov 2014012970.464.25$548
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 201203098.092.73$82
Dec 20110096.873.24$0
Nov 201104795.723.31$156
Oct 2011021184.983.65$770
Sep 2011012083.623.99$478
Aug 2011037983.404.15$1,573
Jul 20110494.144.52$18
Jun 201101792.904.64$79
May 2011117098.134.40$847
Apr 20110207105.964.33$897
Mar 20110396.364.06$12
Feb 201102185.644.18$88
Jan 201102086.504.59$92
Dec 2010010185.734.35$439
Nov 201031,51380.843.80$5,985
Oct 201051,32578.103.51$5,040
Sep 201021,19372.633.98$4,893
Aug 2010082673.684.42$3,650
Jul 2010069672.554.74$3,297
Jun 2010513270.364.91$1,000
May 2010010371.124.24$436
Apr 2010034081.694.12$1,402
Mar 20100078.394.39$0
Feb 2010020973.585.44$1,137
Jan 2010077774.365.96$4,634
Dec 2009029971.445.48$1,640
Nov 20090074.593.75$0
Oct 2009086872.544.11$3,568
Sep 2009027065.543.06$827
Aug 200907,02267.423.22$22,600
Jul 200905,13561.133.46$17,790
Jun 200906,49066.163.90$25,279
May 200908,60354.743.93$33,773
Apr 200908,65346.773.59$31,043
Mar 200907,45542.144.06$30,260
Feb 200907,05932.814.63$32,704
Jan 200908,09135.865.37$43,457
Dec 200809,01637.105.98$53,890
Nov 200806,67355.496.86$45,779
Oct 200808,49575.246.92$58,802
Sep 200809,854101.767.88$77,621
Aug 200809,321114.228.48$79,070
Jul 2008010,027131.0811.39$114,202
Jun 200808,239131.3313.03$107,376
May 200805,075123.1711.57$58,740
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008204,67992.538.77$42,888
Jan 200805,04490.388.21$41,390
Dec 200756,92088.337.30$50,971
Nov 2007015,33391.677.29$111,804
Oct 2007917,05482.856.92$118,793
Sep 2007318,36475.846.24$114,895
Aug 2007521,18369.066.39$135,661
Jul 2007422,51570.906.39$144,108
Jun 2007523,80362.007.55$179,986
May 2007122,79058.747.85$178,875
Apr 2007154,80359.617.81$38,383
Mar 2007220856.927.30$1,633
Feb 20071111,95955.108.22$98,861
Jan 20071011,05350.306.73$74,855
Dec 20062314,93156.656.92$104,602
Nov 2006314,95754.207.62$114,097
Oct 200602,19554.906.01$13,200
Sep 20061322,95860.085.04$116,425
Aug 20062117,28868.717.34$128,335
Jul 2006722,15969.376.34$141,035
Jun 2006020,67066.286.38$131,955
May 2006722,28866.016.42$143,662
Apr 2006025,32764.397.36$186,419
Mar 2006031,99656.707.08$226,625
Feb 2006013,85657.597.75$107,400
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.

Sep 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.04 =         $0
Gas                  923 Mcf  × $  2.74 =     $2,524

────────────────────────────────────────────────────
Month total                                   $2,524

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/216481 is the state's own key, not one this site invented.