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 217345District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.7 M
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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
CondensateDisposition231 bbl$17,663
GasProduction678,439 Mcf$3,704,381
Total$3,722,043

Every month this lease reported (245)

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

245 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 201501,33742.992.76$3,688
Aug 201501,75540.162.87$5,041
Jul 201506,22448.152.95$18,330
Jun 201506,54756.152.88$18,874
May 201504,63955.212.96$13,710
Apr 201504,84949.822.71$13,124
Mar 201502,63842.892.93$7,742
Feb 201502,56344.662.98$7,628
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201402,13870.464.25$9,090
Oct 201403,95478.303.90$15,424
Sep 201403,57386.164.05$14,454
Aug 201405,07989.394.04$20,494
Jul 201404,71096.564.18$19,686
Jun 201403,64498.164.74$17,261
May 201405,50594.734.73$26,020
Apr 201405,73695.944.81$27,585
Mar 201406,74995.895.06$34,128
Feb 201403,96497.406.19$24,545
Jan 201404,68590.404.86$22,772
Dec 201306,31891.824.35$27,512
Nov 201304,10988.853.74$15,361
Oct 201304,31697.423.78$16,312
Sep 201304,670104.113.72$17,362
Aug 201307,431104.253.52$26,177
Jul 201307,402102.523.72$27,519
Jun 201309,05694.403.93$35,621
May 201305,65394.834.15$23,455
Apr 201308,13593.964.28$34,839
Mar 201305,81993.623.91$22,769
Feb 201306,42891.233.42$21,983
Jan 201305,57091.603.42$19,049
Dec 201204,76486.773.42$16,294
Nov 201204,81586.953.62$17,454
Oct 201207,06989.383.40$24,032
Sep 201206,82794.672.92$19,924
Aug 201207,14392.662.91$20,773
Jul 201207,34285.133.02$22,179
Jun 201207,72279.822.52$19,452
May 201208,50691.612.49$21,166
Apr 201203,806101.652.00$7,600
Mar 201209,160105.052.22$20,354
Feb 201208,328101.102.57$21,405
Jan 2012258,87098.092.73$26,704
Dec 201108,95196.873.24$28,999
Nov 201109,12095.723.31$30,199
Oct 201109,21084.983.65$33,603
Sep 201138,05483.623.99$32,352
Aug 201161,14683.404.15$5,256
Jul 201106,37194.144.52$28,779
Jun 201105,57992.904.64$25,886
May 201105,86398.134.40$25,825
Apr 201104,923105.964.33$21,333
Mar 201144,40896.364.06$18,270
Feb 201144,71385.644.18$20,043
Jan 2011127,33786.504.59$34,706
Dec 2010101,19585.734.35$6,053
Nov 201032,95680.843.80$11,462
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 2009126772.544.11$9,169
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 200800123.1711.57$0
Apr 200802,831110.3110.45$29,598
Mar 2008210,273101.909.66$99,483
Feb 200816,94792.538.77$61,022
Jan 2008010,39890.388.21$85,323
Dec 2007210,85588.337.30$79,440
Nov 200708,88691.677.29$64,794
Oct 2007211,48282.856.92$79,644
Sep 2007011,22975.846.24$70,116
Aug 2007312,13069.066.39$77,693
Jul 2007012,81970.906.39$81,887
Jun 2007210,42662.007.55$78,824
May 2007012,29958.747.85$96,501
Apr 2007510,85959.617.81$85,055
Mar 200737,78356.927.30$57,002
Feb 200739,13255.108.22$75,194
Jan 2007613,05150.306.73$88,094
Dec 2006613,39756.656.92$93,026
Nov 2006013,68954.207.62$104,276
Oct 2006027,86954.906.01$167,599
Sep 2006014,80960.085.04$74,596
Aug 2006116,39068.717.34$120,370
Jul 2006211,71769.376.34$74,457
Jun 2006015,25366.286.38$97,373
May 2006019,73666.016.42$126,804
Apr 2006019,48364.397.36$143,404
Mar 2006026,20856.707.08$185,629
Feb 2006019,08357.597.75$147,915
Jan 20060060.598.93$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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.99 =         $0
Gas                1,337 Mcf  × $  2.76 =     $3,688

────────────────────────────────────────────────────
Month total                                   $3,688

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/217345 is the state's own key, not one this site invented.