DUNCAN UNIT

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 218117District 09Field 65280200CondensateGasSaveExport
Value, all time
$19.9 M
Apr 2006 – May 2026
Value, last 12 filed months
$332 k
at the published price for each month
Months reported
242
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
CondensateDisposition14 bbl$1,262
GasProduction3,507,241 Mcf$19,887,359
Total$19,888,621

Every month this lease reported (242)

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

242 months

May 202609,513106.413.05$28,975
Apr 202609,45098.932.87$27,119
Mar 202609,80789.753.15$30,887
Feb 202608,21463.503.75$30,805
Jan 202608,37759.138.00$66,999
Dec 202509,44456.664.41$41,680
Nov 202503,00158.593.93$11,783
Oct 202501,38259.383.30$4,567
Sep 202507,03362.743.08$21,640
Aug 202507,29863.933.01$22,002
Jul 202506,91266.743.32$22,915
Jun 202507,12066.483.13$22,276
May 202507,32760.553.23$23,683
Apr 202505,73962.363.54$20,334
Mar 202502,57467.704.27$10,987
Feb 202503,02170.884.34$13,114
Jan 2025076874.324.28$3,286
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 2023035078.122.24$783
Mar 2023086372.852.39$2,065
Feb 2023039275.112.47$967
Jan 2023043476.533.39$1,470
Dec 2022043476.415.73$2,486
Nov 202201,56785.005.65$8,848
Oct 202201,35187.185.86$7,922
Sep 2022039384.888.16$3,208
Aug 202243,42394.529.13$31,620
Jul 202223,510101.587.54$26,676
Jun 202203,050115.097.98$24,330
May 202225,335109.378.43$45,209
Apr 202226,272104.226.84$43,094
Mar 202205,747108.885.08$29,174
Feb 202205,15491.054.86$25,042
Jan 202206,27381.844.54$28,465
Dec 202106,45171.323.90$25,153
Nov 202106,71477.435.24$35,160
Oct 202105,88579.795.71$33,626
Sep 202103,96569.865.35$21,216
Aug 202106,94666.024.22$29,316
Jul 202116,15570.783.98$24,580
Jun 202101,70369.493.38$5,757
May 202101763.483.02$51
Apr 202102760.362.76$74
Mar 202102561.302.72$68
Feb 202113,30457.805.55$18,388
Jan 202104,41650.412.81$12,410
Dec 202001,85844.642.68$4,971
Nov 202005,68138.772.71$15,376
Oct 202005,18536.972.48$12,851
Sep 202007,21837.091.99$14,371
Aug 202007,90139.982.39$18,845
Jul 202007,60938.371.83$13,887
Jun 202003,94934.901.69$6,675
May 202002,94216.921.81$5,339
Apr 2020024414.751.80$440
Mar 202003,31930.341.86$6,161
Feb 202008,00249.881.98$15,849
Jan 202008,73857.252.09$18,304
Dec 201908,86759.012.30$20,433
Nov 201908,54855.302.75$23,513
Oct 201908,73453.472.42$21,124
Sep 201908,66855.052.66$23,033
Aug 201909,35253.112.30$21,550
Jul 201919,85656.272.46$24,303
Jun 201904,76852.782.49$11,878
May 201909,95258.482.74$27,272
Apr 201909,82862.632.75$27,034
Mar 2019010,06456.803.06$30,817
Feb 201908,89650.852.79$24,840
Jan 201909,73346.033.23$31,420
Dec 201809,32246.594.19$39,017
Nov 201807,61352.934.24$32,258
Oct 201808,45061.443.40$28,714
Sep 201809,92459.543.11$30,844
Aug 2018010,00759.403.07$30,687
Jul 2018010,45265.142.93$30,644
Jun 201807,01960.183.08$21,597
May 201806,96265.382.90$20,195
Apr 201809,03463.842.90$26,206
Mar 201806,83961.222.79$19,059
Feb 201806,12261.782.77$16,934
Jan 201802,98862.874.01$11,980
Dec 20170057.272.92$0
Nov 201706855.423.12$212
Oct 201701049.292.98$30
Sep 2017014647.523.09$451
Aug 201705745.373.00$171
Jul 201709,38543.873.09$28,974
Jun 201709,52142.493.09$29,394
May 2017012,56545.373.26$41,005
Apr 2017014,36747.933.21$46,141
Mar 2017014,26246.772.98$42,553
Feb 2017012,47150.452.95$36,822
Jan 2017013,19149.413.42$45,097
Dec 2016012,13748.763.72$45,184
Nov 201609,31142.492.64$24,622
Oct 201601,77546.193.09$5,485
Sep 2016010,85541.553.10$33,657
Aug 2016012,22441.442.92$35,747
Jul 2016013,45141.622.92$39,335
Jun 2016015,99445.352.69$42,957
May 2016011,28342.521.99$22,465
Apr 201607,01036.561.99$13,957
Mar 201608,78533.011.79$15,760
Feb 201608,66926.472.06$17,890
Jan 201608,46627.352.36$20,017
Dec 201507,47032.362.00$14,951
Nov 201507,28438.792.17$15,787
Oct 2015010,42243.552.43$25,290
Sep 2015010,93442.992.76$30,161
Aug 2015010,16540.162.87$29,199
Jul 2015011,69348.152.95$34,437
Jun 201509,75056.152.88$28,108
May 2015010,17955.212.96$30,084
Apr 201508,66849.822.71$23,461
Mar 201508,91342.892.93$26,157
Feb 2015011,05744.662.98$32,908
Jan 2015011,00043.433.10$34,107
Dec 201409,22154.693.59$33,116
Nov 201408,71970.464.25$37,072
Oct 201408,83978.303.90$34,481
Sep 201402,70586.164.05$10,943
Aug 201406,30289.394.04$25,429
Jul 201402,86696.564.18$11,979
Jun 201404,46398.164.74$21,141
May 201409,79894.734.73$46,311
Apr 201408,72595.944.81$41,960
Mar 201408,61495.895.06$43,559
Feb 201407,63297.406.19$47,257
Jan 201409,38290.404.86$45,603
Dec 201307,80591.824.35$33,987
Nov 2013010,61488.853.74$39,678
Oct 201309,78597.423.78$36,981
Sep 201309,853104.113.72$36,631
Aug 2013010,520104.253.52$37,058
Jul 2013011,771102.523.72$43,762
Jun 2013010,71294.403.93$42,135
May 2013010,03094.834.15$41,615
Apr 201309,88293.964.28$42,321
Mar 2013011,52093.623.91$45,076
Feb 2013010,54691.233.42$36,066
Jan 2013015,29091.603.42$52,290
Dec 2012015,41186.773.42$52,708
Nov 2012015,21686.953.62$55,157
Oct 2012017,05489.383.40$57,978
Sep 2012015,47994.672.92$45,174
Aug 2012017,48292.662.91$50,840
Jul 2012012,76085.133.02$38,545
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20120814101.102.57$2,092
Jan 2012053098.092.73$1,449
Dec 201105,13096.873.24$16,620
Nov 201103,71695.723.31$12,305
Oct 2011013,20784.983.65$48,186
Sep 2011010,55383.623.99$42,062
Aug 2011012,44783.404.15$51,647
Jul 2011038,97994.144.52$176,078
Jun 2011011,35592.904.64$52,686
May 2011012,49098.134.40$55,016
Apr 2011015,156105.964.33$65,675
Mar 2011013,82396.364.06$56,085
Feb 201108,82385.644.18$36,880
Jan 2011011,80286.504.59$54,157
Dec 2010011,08485.734.35$48,190
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201002,79572.633.98$11,123
Aug 201004,78673.684.42$21,151
Jul 2010011,21872.554.74$53,134
Jun 201006,63570.364.91$32,581
May 2010079071.124.24$3,346
Apr 20100081.694.12$0
Mar 2010056978.394.39$2,497
Feb 201002073.585.44$109
Jan 201002,10274.365.96$12,537
Dec 2009013,05971.445.48$71,612
Nov 2009027,22974.593.75$102,150
Oct 2009024,48972.544.11$100,656
Sep 2009018,46765.543.06$56,597
Aug 2009029,98467.423.22$96,504
Jul 2009028,20961.133.46$97,730
Jun 2009033,33166.163.90$129,824
May 2009016,90754.743.93$66,373
Apr 200904,88746.773.59$17,532
Mar 2009013,66842.144.06$55,478
Feb 2009025,83732.814.63$119,703
Jan 2009030,70135.865.37$164,895
Dec 2008032,80537.105.98$196,080
Nov 2008034,16555.496.86$234,384
Oct 2008037,32675.246.92$258,370
Sep 2008018,257101.767.88$143,812
Aug 2008039,042114.228.48$331,194
Jul 2008041,053131.0811.39$467,570
Jun 2008035,954131.3313.03$468,575
May 2008033,599123.1711.57$388,885
Apr 2008029,392110.3110.45$307,289
Mar 2008033,216101.909.66$321,002
Feb 2008036,78592.538.77$322,626
Jan 2008042,24790.388.21$346,667
Dec 2007044,61388.337.30$325,763
Nov 2007049,39191.677.29$360,144
Oct 2007054,10882.856.92$374,534
Sep 2007054,09075.846.24$337,747
Aug 2007055,04669.066.39$351,631
Jul 2007062,73070.906.39$400,715
Jun 2007063,03762.007.55$475,832
May 2007062,23658.747.85$488,321
Apr 2007053,34459.617.81$416,361
Mar 2007060,40256.927.30$441,054
Feb 2007053,64955.108.22$440,780
Jan 2007067,05550.306.73$451,069
Dec 2006074,53656.656.92$515,673
Nov 2006075,36654.207.62$574,099
Oct 2006081,17654.906.01$488,176
Sep 2006094,07160.085.04$473,854
Aug 2006157,59968.717.34$422,841
Jul 20060106,03669.376.34$672,561
Jun 20060128,59566.286.38$820,935
May 20060131,22866.016.42$843,140
Apr 20060105,18664.397.36$774,219

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                9,513 Mcf  × $  3.05 =    $28,975

────────────────────────────────────────────────────
Month total                                  $28,975

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/218117 is the state's own key, not one this site invented.