MERCANTILE

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 218592District 09Field 65280200GasSaveExport
Value, all time
$5.9 M
Nov 2005 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
247
no gaps in the span
Streams
1
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
GasProduction1,298,259 Mcf$5,944,355
Total$5,944,355

Every month this lease reported (247)

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

247 months

May 20262,243106.413.05$6,832
Apr 20261,54698.932.87$4,437
Mar 20261,23189.753.15$3,877
Feb 20262,37363.503.75$8,900
Jan 20262,12459.138.00$16,988
Dec 20254,29056.664.41$18,933
Nov 20253,29758.593.93$12,945
Oct 20252,21859.383.30$7,330
Sep 20252,54962.743.08$7,843
Aug 20252,89163.933.01$8,716
Jul 20252,32966.743.32$7,721
Jun 20251,82366.483.13$5,704
May 20252,16060.553.23$6,982
Apr 20252,61662.363.54$9,269
Mar 20252,09267.704.27$8,929
Feb 20252,26070.884.34$9,810
Jan 20252,66774.324.28$11,411
Dec 20242,69968.993.12$8,425
Nov 20242,94869.052.20$6,481
Oct 20242,75771.372.28$6,290
Sep 20242,96869.612.36$7,017
Aug 20242,96975.632.06$6,127
Jul 20243,07879.932.15$6,607
Jun 20243,04778.082.63$8,026
May 20243,23178.812.20$7,103
Apr 20243,09584.451.66$5,135
Mar 20243,37180.301.55$5,209
Feb 20242,29376.091.78$4,090
Jan 20243,09473.023.30$10,203
Dec 20233,95971.262.61$10,336
Nov 20233,37777.892.81$9,481
Oct 20234,07185.443.09$12,568
Sep 20234,50389.042.74$12,316
Aug 20233,76380.522.67$10,058
Jul 20232,97674.852.64$7,862
Jun 20233,48868.962.26$7,878
May 20232,84570.622.23$6,337
Apr 20232,24378.122.24$5,019
Mar 20233,35772.852.39$8,034
Feb 20233,39475.112.47$8,369
Jan 20238,58076.533.39$29,067
Dec 20222,07076.415.73$11,859
Nov 202238785.005.65$2,185
Oct 202258487.185.86$3,424
Sep 2022084.888.16$0
Aug 20222,65094.529.13$24,187
Jul 20222,945101.587.54$22,211
Jun 20222,653115.097.98$21,164
May 20223,046109.378.43$25,687
Apr 2022901104.226.84$6,161
Mar 202237108.885.08$188
Feb 202253991.054.86$2,619
Jan 20224,91981.844.54$22,321
Dec 20214,55771.323.90$17,768
Nov 20214,82677.435.24$25,273
Oct 20214,20379.795.71$24,015
Sep 20213,64069.865.35$19,477
Aug 20213,68166.024.22$15,536
Jul 20213,73670.783.98$14,877
Jun 20213,99869.493.38$13,516
May 20214,45363.483.02$13,438
Apr 20213,77760.362.76$10,419
Mar 20215,74561.302.72$15,609
Feb 20213,94357.805.55$21,876
Jan 20213,76850.412.81$10,589
Dec 20203,88244.642.68$10,386
Nov 20203,86638.772.71$10,464
Oct 20203,88736.972.48$9,634
Sep 20203,73037.091.99$7,427
Aug 20204,14039.982.39$9,874
Jul 20204,43338.371.83$8,091
Jun 20203,86734.901.69$6,536
May 20204,11616.921.81$7,470
Apr 20204,41014.751.80$7,957
Mar 20204,44930.341.86$8,258
Feb 20204,74149.881.98$9,390
Jan 20205,09857.252.09$10,679
Dec 20195,61359.012.30$12,934
Nov 20194,95955.302.75$13,641
Oct 20194,42153.472.42$10,692
Sep 20192,48755.052.66$6,609
Aug 20191,45253.112.30$3,346
Jul 20194,01256.272.46$9,870
Jun 20196,46952.782.49$16,116
May 20194,16858.482.74$11,422
Apr 20194,32762.632.75$11,902
Mar 20193,82956.803.06$11,725
Feb 20194,68550.852.79$13,082
Jan 20194,73946.033.23$15,298
Dec 20184,91546.594.19$20,571
Nov 20184,85952.934.24$20,589
Oct 20185,26561.443.40$17,891
Sep 20185,16459.543.11$16,050
Aug 20185,58659.403.07$17,130
Jul 20185,66365.142.93$16,603
Jun 20184,78160.183.08$14,711
May 20184,84165.382.90$14,043
Apr 20185,55363.842.90$16,108
Mar 20186,21961.222.79$17,331
Feb 20186,03361.782.77$16,688
Jan 20188,75362.874.01$35,094
Dec 20176,73757.272.92$19,682
Nov 20176,46655.423.12$20,163
Oct 20177,00849.292.98$20,910
Sep 20178,00347.523.09$24,708
Aug 20171,72645.373.00$5,186
Jul 20174,32443.873.09$13,349
Jun 20175,68742.493.09$17,557
May 20174,75445.373.26$15,514
Apr 20173,31647.933.21$10,650
Mar 20171,78446.772.98$5,323
Feb 20171,01950.452.95$3,009
Jan 20173,43049.413.42$11,726
Dec 20164,86948.763.72$18,126
Nov 20165,59342.492.64$14,790
Oct 20165,62446.193.09$17,380
Sep 20165,62841.553.10$17,450
Aug 20165,38441.442.92$15,745
Jul 20162,66441.622.92$7,790
Jun 20164,89845.352.69$13,155
May 20161,18642.521.99$2,361
Apr 20161,01636.561.99$2,023
Mar 20161,06333.011.79$1,907
Feb 20167,88326.472.06$16,268
Jan 20163,97827.352.36$9,405
Dec 20153,39632.362.00$6,797
Nov 20154,09538.792.17$8,875
Oct 201550343.552.43$1,221
Sep 20151,62042.992.76$4,469
Aug 201576340.162.87$2,192
Jul 201537848.152.95$1,113
Jun 201547756.152.88$1,375
May 201535955.212.96$1,061
Apr 20151,41849.822.71$3,838
Mar 201595942.892.93$2,814
Feb 20151,34744.662.98$4,009
Jan 20151,23943.433.10$3,842
Dec 20143,27554.693.59$11,762
Nov 20143,11270.464.25$13,232
Oct 20141,87678.303.90$7,318
Sep 20143,92686.164.05$15,882
Aug 20145,16789.394.04$20,849
Jul 20145,04796.564.18$21,094
Jun 20144,54798.164.74$21,539
May 20144,30794.734.73$20,357
Apr 20144,92695.944.81$23,690
Mar 20145,19895.895.06$26,285
Feb 20143,61397.406.19$22,372
Jan 201424790.404.86$1,201
Dec 20132,49091.824.35$10,843
Nov 20135,42988.853.74$20,295
Oct 2013097.423.78$0
Sep 2013536104.113.72$1,993
Aug 20136,107104.253.52$21,513
Jul 20136,950102.523.72$25,838
Jun 20136,19594.403.93$24,367
May 20136,99794.834.15$29,031
Apr 20137,67893.964.28$32,882
Mar 20137,84093.623.91$30,677
Feb 20131,43391.233.42$4,901
Jan 20134,48491.603.42$15,335
Dec 201244186.773.42$1,508
Nov 20124,96286.953.62$17,987
Oct 20125,79789.383.40$19,708
Sep 20125,69394.672.92$16,614
Aug 20126,12192.662.91$17,801
Jul 20122,63485.133.02$7,957
Jun 20121,90879.822.52$4,806
May 20124,84891.612.49$12,063
Apr 20126,180101.652.00$12,340
Mar 20127,847105.052.22$17,437
Feb 20129,023101.102.57$23,191
Jan 20126,20798.092.73$16,970
Dec 20115,40596.873.24$17,511
Nov 20115,79695.723.31$19,192
Oct 20116,28984.983.65$22,946
Sep 20116,48583.623.99$25,848
Aug 20117,25483.404.15$30,099
Jul 20117,81394.144.52$35,293
Jun 20116,71192.904.64$31,138
May 20116,93598.134.40$30,547
Apr 20116,711105.964.33$29,081
Mar 2011296.364.06$8
Feb 20118385.644.18$347
Jan 20116,27986.504.59$28,813
Dec 20106,31185.734.35$27,439
Nov 20107,52680.843.80$28,564
Oct 20106,62178.103.51$23,232
Sep 20107,40672.633.98$29,472
Aug 20107,68673.684.42$33,967
Jul 20109,82372.554.74$46,527
Jun 20108,48870.364.91$41,679
May 20108,68771.124.24$36,791
Apr 20108,27881.694.12$34,128
Mar 20108,98378.394.39$39,423
Feb 20107,74973.585.44$42,173
Jan 20109,22574.365.96$55,019
Dec 20099,14571.445.48$50,149
Nov 20099,16274.593.75$34,371
Oct 20099,18572.544.11$37,753
Sep 20099,12665.543.06$27,969
Aug 200910,25467.423.22$33,003
Jul 200910,93061.133.46$37,867
Jun 200910,71266.163.90$41,723
May 200913,03254.743.93$51,160
Apr 200913,38146.773.59$48,004
Mar 200914,01142.144.06$56,871
Feb 200913,45432.814.63$62,332
Jan 200917,56335.865.37$94,331
Dec 200818,67837.105.98$111,641
Nov 20085,42155.496.86$37,190
Oct 200894275.246.92$6,521
Sep 20082,072101.767.88$16,321
Aug 2008842114.228.48$7,143
Jul 2008538131.0811.39$6,128
Jun 2008816131.3313.03$10,635
May 20088,300123.1711.57$96,067
Apr 20086,728110.3110.45$70,340
Mar 20085,660101.909.66$54,699
Feb 200813,52392.538.77$118,605
Jan 20089,10390.388.21$74,697
Dec 200717,76788.337.30$129,734
Nov 200713,54691.677.29$98,773
Oct 200714,43882.856.92$99,940
Sep 200729,07675.846.24$181,555
Aug 200734,55769.066.39$220,748
Jul 200739,26970.906.39$250,848
Jun 200727,65762.007.55$208,767
May 200717,88258.747.85$140,307
Apr 20078,56559.617.81$66,852
Mar 2007956.927.30$66
Feb 200730,78055.108.22$252,888
Jan 200742,66950.306.73$287,028
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$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.

May 2026 — as filed, then multipliedworked
Gas                2,243 Mcf  × $  3.05 =     $6,832

────────────────────────────────────────────────────
Month total                                   $6,832

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/218592 is the state's own key, not one this site invented.