PEARL RANCH

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 219161District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.5 M
Feb 2006 – May 2026
Value, last 12 filed months
$147 k
at the published price for each month
Months reported
244
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
CondensateDisposition3,382 bbl$229,735
GasProduction1,674,517 Mcf$8,301,517
Total$8,531,251

Every month this lease reported (244)

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

244 months

May 202602,744106.413.05$8,358
Apr 202602,69098.932.87$7,720
Mar 202602,82989.753.15$8,910
Feb 202602,84463.503.75$10,666
Jan 202603,25459.138.00$26,025
Dec 202504,07056.664.41$17,962
Nov 202503,42458.593.93$13,444
Oct 202503,51059.383.30$11,600
Sep 202573,37362.743.08$10,818
Aug 202503,49763.933.01$10,543
Jul 202503,43666.743.32$11,391
Jun 202503,08666.483.13$9,655
May 202503,18460.553.23$10,292
Apr 202503,07562.363.54$10,895
Mar 202503,20967.704.27$13,697
Feb 202503,30270.884.34$14,333
Jan 202504,38274.324.28$18,749
Dec 202403,93368.993.12$12,276
Nov 202403,76169.052.20$8,268
Oct 202403,70171.372.28$8,443
Sep 202403,62669.612.36$8,573
Aug 202403,63175.632.06$7,493
Jul 202403,85279.932.15$8,269
Jun 202403,75778.082.63$9,896
May 202403,87278.812.20$8,512
Apr 202403,79484.451.66$6,295
Mar 202404,01380.301.55$6,201
Feb 202403,97376.091.78$7,086
Jan 202404,48273.023.30$14,780
Dec 202304,28071.262.61$11,174
Nov 202304,25777.892.81$11,952
Oct 202304,16685.443.09$12,862
Sep 202304,00189.042.74$10,943
Aug 202304,17580.522.67$11,159
Jul 202304,18274.852.64$11,048
Jun 202303,53568.962.26$7,984
May 2023013370.622.23$296
Apr 202302,43378.122.24$5,444
Mar 202304972.852.39$117
Feb 2023015575.112.47$382
Jan 202302,01976.533.39$6,840
Dec 202203,42376.415.73$19,611
Nov 202203,41085.005.65$19,254
Oct 202203,35187.185.86$19,649
Sep 202203,21584.888.16$26,246
Aug 202203,40094.529.13$31,032
Jul 202203,537101.587.54$26,676
Jun 202203,475115.097.98$27,721
May 202203,847109.378.43$32,442
Apr 202201,207104.226.84$8,253
Mar 202203,574108.885.08$18,143
Feb 2022023391.054.86$1,132
Jan 202202,74081.844.54$12,433
Dec 202103,76671.323.90$14,684
Nov 202103,44677.435.24$18,046
Oct 202103,31279.795.71$18,924
Sep 202103,15469.865.35$16,877
Aug 202103,52866.024.22$14,890
Jul 202103,64270.783.98$14,503
Jun 2021693,63869.493.38$17,094
May 202104,46963.483.02$13,486
Apr 2021028160.362.76$775
Mar 202102,48461.302.72$6,749
Feb 202102,48657.805.55$13,792
Jan 202103,76250.412.81$10,572
Dec 202003,71044.642.68$9,926
Nov 202003,40938.772.71$9,227
Oct 202003,72236.972.48$9,225
Sep 202003,52037.091.99$7,008
Aug 202003,96239.982.39$9,450
Jul 202004,12538.371.83$7,529
Jun 202003,88434.901.69$6,565
May 202003,85016.921.81$6,987
Apr 202003,85414.751.80$6,954
Mar 202003,55230.341.86$6,593
Feb 202003,80049.881.98$7,527
Jan 202004,03257.252.09$8,446
Dec 201903,93859.012.30$9,075
Nov 201903,91655.302.75$10,772
Oct 201904,15153.472.42$10,039
Sep 201904,19855.052.66$11,155
Aug 201904,95753.112.30$11,423
Jul 201904,55956.272.46$11,215
Jun 201911,37652.782.49$3,481
May 201903,76358.482.74$10,312
Apr 201913,76362.632.75$10,414
Mar 201903,86956.803.06$11,847
Feb 201903,64350.852.79$10,172
Jan 2019534,07346.033.23$15,588
Dec 201813,92146.594.19$16,458
Nov 201803,98352.934.24$16,877
Oct 201804,16161.443.40$14,139
Sep 201803,89059.543.11$12,090
Aug 201804,41759.403.07$13,545
Jul 201803,45565.142.93$10,130
Jun 201804,35360.183.08$13,394
May 201804,56665.382.90$13,245
Apr 201804,43463.842.90$12,862
Mar 201804,92461.222.79$13,722
Feb 201805,07261.782.77$14,030
Jan 2018775,04462.874.01$25,064
Dec 201704,90757.272.92$14,336
Nov 201702,93155.423.12$9,140
Oct 201701,50549.292.98$4,490
Sep 201702,20947.523.09$6,820
Aug 201703,11945.373.00$9,371
Jul 201704,45443.873.09$13,751
Jun 201704,22742.493.09$13,050
May 201703,83245.373.26$12,505
Apr 201704,18047.933.21$13,424
Mar 201703,91246.772.98$11,672
Feb 201703,16550.452.95$9,345
Jan 201704,33649.413.42$14,824
Dec 201605,02348.763.72$18,700
Nov 201604,97642.492.64$13,158
Oct 201605,78646.193.09$17,880
Sep 201604,60541.553.10$14,278
Aug 2016675,07041.442.92$17,603
Jul 201605,28741.622.92$15,461
Jun 201604,48345.352.69$12,041
May 201605,11842.521.99$10,190
Apr 201604,85436.561.99$9,665
Mar 201605,67533.011.79$10,181
Feb 201605,40926.472.06$11,162
Jan 201605,93527.352.36$14,032
Dec 201506,16232.362.00$12,333
Nov 201505,47238.792.17$11,860
Oct 201506,13843.552.43$14,894
Sep 201506,18642.992.76$17,064
Aug 201502,33040.162.87$6,693
Jul 2015554,96248.152.95$17,262
Jun 2015393,88356.152.88$13,384
May 201505,14755.212.96$15,212
Apr 201504,98949.822.71$13,503
Mar 201506,03942.892.93$17,723
Feb 201506,03344.662.98$17,955
Jan 201506,77843.433.10$21,016
Dec 201408,19454.693.59$29,428
Nov 201407,27970.464.25$30,949
Oct 2014516,01878.303.90$27,469
Sep 201405,23286.164.05$21,166
Aug 201405,38989.394.04$21,745
Jul 201402,54596.564.18$10,637
Jun 201406,60898.164.74$31,301
May 201406,50094.734.73$30,723
Apr 2014597,05095.944.81$39,565
Mar 2014997,66195.895.06$48,233
Feb 201407,34597.406.19$45,480
Jan 201407,34090.404.86$35,678
Dec 201308,70891.824.35$37,919
Nov 201304,26588.853.74$15,944
Oct 201304797.423.78$178
Sep 20130765104.113.72$2,844
Aug 201303,693104.253.52$13,009
Jul 201305,833102.523.72$21,686
Jun 201307,11794.403.93$27,994
May 201305,90494.834.15$24,496
Apr 201304,23093.964.28$18,115
Mar 2013984,18293.623.91$25,538
Feb 201305,48891.233.42$18,768
Jan 201305,30491.603.42$18,139
Dec 201205,99186.773.42$20,490
Nov 201205,85086.953.62$21,206
Oct 201206,01989.383.40$20,463
Sep 201204,38294.672.92$12,788
Aug 201202,38492.662.91$6,933
Jul 201205,73285.133.02$17,315
Jun 201205,54179.822.52$13,958
May 2012755,14091.612.49$19,661
Apr 201204101.652.00$8
Mar 2012010,031105.052.22$22,290
Feb 201208,162101.102.57$20,978
Jan 2012259,15298.092.73$27,475
Dec 201104,12196.873.24$13,351
Nov 2011016895.723.31$556
Oct 2011077084.983.65$2,809
Sep 201101,36483.623.99$5,437
Aug 201102,81583.404.15$11,680
Jul 201102,17794.144.52$9,834
Jun 201101,58092.904.64$7,331
May 201109,75898.134.40$42,982
Apr 2011011,413105.964.33$49,456
Mar 201109,72096.364.06$39,437
Feb 201107,06085.644.18$29,511
Jan 2011956,67386.504.59$38,838
Dec 201008,77285.734.35$38,138
Nov 201008,90680.843.80$33,801
Oct 201008,74078.103.51$30,668
Sep 201008,41472.633.98$33,483
Aug 2010979,09073.684.42$47,319
Jul 2010010,12572.554.74$47,957
Jun 201029,62470.364.91$47,398
May 2010979,93971.124.24$48,992
Apr 201009,63681.694.12$39,726
Mar 201008,53578.394.39$37,457
Feb 201004,65273.585.44$25,318
Jan 201002,95774.365.96$17,636
Dec 200908,38671.445.48$45,987
Nov 20091418,72574.593.75$43,249
Oct 200908,99672.544.11$36,976
Sep 2009010,03165.543.06$30,743
Aug 200909,82167.423.22$31,609
Jul 200915810,03361.133.46$44,418
Jun 200909,88066.163.90$38,483
May 20091939,30454.743.93$47,090
Apr 200909,13346.773.59$32,765
Mar 200909,94442.144.06$40,363
Feb 2009828,70232.814.63$43,007
Jan 200909,58235.865.37$51,465
Dec 2008010,02237.105.98$59,903
Nov 200809,34655.496.86$64,117
Oct 200809,39675.246.92$65,039
Sep 200802,576101.767.88$20,291
Aug 200802,604114.228.48$22,090
Jul 200800131.0811.39$0
Jun 20080128131.3313.03$1,668
May 2008021123.1711.57$243
Apr 2008018110.3110.45$188
Mar 200807,510101.909.66$72,577
Feb 200812916,91992.538.77$160,326
Jan 2008016,95690.388.21$139,136
Dec 200713910,40588.337.30$88,255
Nov 20075317,82591.677.29$134,833
Oct 2007220,64582.856.92$143,070
Sep 200711016,92375.846.24$114,012
Aug 20079022,49869.066.39$149,931
Jul 2007023,85070.906.39$152,352
Jun 200712424,22362.007.55$190,534
May 20077725,51058.747.85$204,682
Apr 200721724,87359.617.81$207,074
Mar 2007129,24956.927.30$213,632
Feb 200710426,11155.108.22$220,258
Jan 20078330,06650.306.73$206,424
Dec 200618332,37156.656.92$234,324
Nov 200612429,98954.207.62$235,161
Oct 2006032,90154.906.01$197,860
Sep 200610534,59060.085.04$180,545
Aug 200619436,84868.717.34$283,791
Jul 2006142,36669.376.34$268,787
Jun 2006044,73566.286.38$285,583
May 2006453,42266.016.42$343,500
Apr 2006026,95864.397.36$198,424
Mar 20060056.707.08$0
Feb 20060057.597.75$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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,744 Mcf  × $  3.05 =     $8,358

────────────────────────────────────────────────────
Month total                                   $8,358

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/219161 is the state's own key, not one this site invented.