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 219162District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 M
Mar 2006 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
243
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
CondensateDisposition1,851 bbl$131,116
GasProduction1,748,096 Mcf$8,271,990
Total$8,403,107

Every month this lease reported (243)

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

243 months

May 202602,797106.413.05$8,519
Apr 202602,77898.932.87$7,972
Mar 202602,87289.753.15$9,045
Feb 202602,68963.503.75$10,085
Jan 202602,80559.138.00$22,434
Dec 202503,09156.664.41$13,642
Nov 202502,99658.593.93$11,764
Oct 202503,10159.383.30$10,248
Sep 2025412,97362.743.08$11,720
Aug 202503,07263.933.01$9,261
Jul 202503,14266.743.32$10,416
Jun 202503,00866.483.13$9,411
May 202503,08960.553.23$9,985
Apr 202502,98562.363.54$10,576
Mar 202503,16267.704.27$13,496
Feb 202502,86470.884.34$12,432
Jan 202503,19374.324.28$13,662
Dec 202403,25268.993.12$10,151
Nov 202403,02669.052.20$6,652
Oct 202403,21771.372.28$7,339
Sep 202403,07869.612.36$7,278
Aug 202403,18275.632.06$6,566
Jul 202403,27879.932.15$7,037
Jun 202403,12678.082.63$8,234
May 202403,29478.812.20$7,242
Apr 202403,19784.451.66$5,304
Mar 202403,32880.301.55$5,142
Feb 202403,15376.091.78$5,624
Jan 202403,41373.023.30$11,255
Dec 202303,40671.262.61$8,892
Nov 202303,33677.892.81$9,366
Oct 202303,38485.443.09$10,447
Sep 202303,31389.042.74$9,061
Aug 202303,43780.522.67$9,187
Jul 202303,37374.852.64$8,911
Jun 202303,31268.962.26$7,480
May 202303,46070.622.23$7,707
Apr 202303,37478.122.24$7,550
Mar 202303,44772.852.39$8,249
Feb 202303,14675.112.47$7,757
Jan 202303,56176.533.39$12,064
Dec 202203,55976.415.73$20,390
Nov 202203,44985.005.65$19,474
Oct 2022363,62987.185.86$24,418
Sep 202203,52784.888.16$28,793
Aug 202203,61694.529.13$33,004
Jul 202203,519101.587.54$26,541
Jun 202203,388115.097.98$27,027
May 202203,456109.378.43$29,145
Apr 202203,394104.226.84$23,207
Mar 202203,656108.885.08$18,559
Feb 202203,36091.054.86$16,326
Jan 202203,77881.844.54$17,143
Dec 202103,83471.323.90$14,949
Nov 202103,70277.435.24$19,387
Oct 202103,86979.795.71$22,107
Sep 202103,83869.865.35$20,537
Aug 202104,17466.024.22$17,617
Jul 202104,13470.783.98$16,462
Jun 202103,89569.493.38$13,168
May 202103,93063.483.02$11,859
Apr 202103,82760.362.76$10,556
Mar 202103,93261.302.72$10,683
Feb 202103,53257.805.55$19,595
Jan 202104,21750.412.81$11,851
Dec 202004,26044.642.68$11,397
Nov 202003,88038.772.71$10,501
Oct 202004,18336.972.48$10,367
Sep 202004,07837.091.99$8,119
Aug 2020364,24339.982.39$11,559
Jul 202004,33038.371.83$7,903
Jun 202004,22734.901.69$7,145
May 202004,47616.921.81$8,123
Apr 202004,37314.751.80$7,891
Mar 202004,55830.341.86$8,461
Feb 202004,24849.881.98$8,414
Jan 202004,55757.252.09$9,546
Dec 201904,61659.012.30$10,637
Nov 201904,43455.302.75$12,197
Oct 201904,66953.472.42$11,292
Sep 201904,65655.052.66$12,372
Aug 201904,70753.112.30$10,847
Jul 201904,73556.272.46$11,648
Jun 201904,80252.782.49$11,963
May 201904,95158.482.74$13,567
Apr 201904,87262.632.75$13,401
Mar 201905,07656.803.06$15,543
Feb 201904,61850.852.79$12,894
Jan 2019135,19246.033.23$17,359
Dec 201804,61646.594.19$19,320
Nov 201805,09152.934.24$21,572
Oct 201815,34361.443.40$18,217
Sep 2018335,05759.543.11$17,682
Aug 201805,08359.403.07$15,587
Jul 201804,91565.142.93$14,410
Jun 201804,77360.183.08$14,686
May 201804,47065.382.90$12,967
Apr 201805,13163.842.90$14,884
Mar 201805,54061.222.79$15,439
Feb 201805,42661.782.77$15,009
Jan 201805,28662.874.01$21,193
Dec 2017365,41057.272.92$17,867
Nov 201705,12955.423.12$15,994
Oct 201703,88049.292.98$11,577
Sep 201704,05247.523.09$12,510
Aug 201704,50045.373.00$13,520
Jul 201704,41743.873.09$13,637
Jun 201704,43342.493.09$13,686
May 201704,35145.373.26$14,199
Apr 201704,89347.933.21$15,714
Mar 201704,84346.772.98$14,450
Feb 201704,09450.452.95$12,088
Jan 201704,95049.413.42$16,923
Dec 201605,18748.763.72$19,310
Nov 201604,79042.492.64$12,666
Oct 201604,85946.193.09$15,016
Sep 201604,58941.553.10$14,229
Aug 201605,07941.442.92$14,853
Jul 201605,24641.622.92$15,341
Jun 2016314,91245.352.69$14,599
May 201605,12042.521.99$10,194
Apr 201605,06536.561.99$10,085
Mar 201605,34233.011.79$9,584
Feb 201604,85526.472.06$10,019
Jan 2016375,11427.352.36$13,103
Dec 201505,37332.362.00$10,754
Nov 201505,46738.792.17$11,849
Oct 201505,64843.552.43$13,705
Sep 201504,47742.992.76$12,349
Aug 201505,31440.162.87$15,264
Jul 2015175,75148.152.95$17,756
Jun 201506,12856.152.88$17,666
May 201506,02855.212.96$17,815
Apr 2015445,95849.822.71$18,318
Mar 201506,52242.892.93$19,140
Feb 201506,00044.662.98$17,857
Jan 201506,99443.433.10$21,686
Dec 201406,27454.693.59$22,532
Nov 201406,52270.464.25$27,731
Oct 201406,79278.303.90$26,495
Sep 201406,33086.164.05$25,608
Aug 201406,66689.394.04$26,898
Jul 2014266,38196.564.18$29,181
Jun 201406,51298.164.74$30,847
May 201406,79194.734.73$32,098
Apr 201406,66095.944.81$32,029
Mar 201406,80595.895.06$34,412
Feb 201406,29697.406.19$38,985
Jan 201406,35690.404.86$30,895
Dec 201305,60191.824.35$24,389
Nov 201305,55288.853.74$20,755
Oct 201305,85997.423.78$22,143
Sep 201305,493104.113.72$20,422
Aug 201306,007104.253.52$21,160
Jul 201305,790102.523.72$21,526
Jun 201306,01794.403.93$23,667
May 201306,50994.834.15$27,006
Apr 201307,05293.964.28$30,201
Mar 201305,70893.623.91$22,335
Feb 201306,49891.233.42$22,223
Jan 201306,93191.603.42$23,703
Dec 201207,10286.773.42$24,290
Nov 201206,96486.953.62$25,244
Oct 201207,13189.383.40$24,243
Sep 201207,11294.672.92$20,756
Aug 201207,57192.662.91$22,018
Jul 201207,72885.133.02$23,345
Jun 201207,28779.822.52$18,356
May 20121267,62791.612.49$30,521
Apr 201207,940101.652.00$15,855
Mar 201208,356105.052.22$18,568
Feb 201208,628101.102.57$22,176
Jan 20121738,74098.092.73$40,865
Dec 2011012,49296.873.24$40,471
Nov 2011011,35595.723.31$37,600
Oct 2011011,54984.983.65$42,137
Sep 2011011,66283.623.99$46,482
Aug 2011010,71683.404.15$44,464
Jul 2011011,82594.144.52$53,416
Jun 2011011,72192.904.64$54,384
May 2011012,09898.134.40$53,290
Apr 2011011,450105.964.33$49,616
Mar 2011011,66796.364.06$47,337
Feb 201109,74985.644.18$40,751
Jan 201108,40986.504.59$38,587
Dec 201008,95185.734.35$38,917
Nov 201008,59080.843.80$32,602
Oct 201009,10578.103.51$31,948
Sep 201009,32972.633.98$37,124
Aug 201009,29373.684.42$41,069
Jul 201009,84872.554.74$46,645
Jun 201009,73370.364.91$47,793
May 2010010,01271.124.24$42,403
Apr 20101959,60881.694.12$55,540
Mar 201008,93678.394.39$39,217
Feb 201007,36273.585.44$40,067
Jan 201009,43874.365.96$56,289
Dec 200908,43471.445.48$46,250
Nov 2009010,52674.593.75$39,488
Oct 200904,88272.544.11$20,066
Sep 200908,32665.543.06$25,517
Aug 200908,58067.423.22$27,615
Jul 2009010,42161.133.46$36,104
Jun 200914911,50666.163.90$54,674
May 2009011,93354.743.93$46,846
Apr 2009010,86246.773.59$38,967
Mar 2009011,37442.144.06$46,167
Feb 200909,76932.814.63$45,260
Jan 2009011,23735.865.37$60,354
Dec 2008011,22837.105.98$67,111
Nov 200820110,46255.496.86$82,927
Oct 200809,88575.246.92$68,424
Sep 200809,399101.767.88$74,037
Aug 2008010,989114.228.48$93,220
Jul 200808,503131.0811.39$96,844
Jun 20080246131.3313.03$3,206
May 200807123.1711.57$81
Apr 2008013110.3110.45$136
Mar 200817,476101.909.66$72,350
Feb 2008014,14792.538.77$124,077
Jan 2008013,73890.388.21$112,730
Dec 200717814,41988.337.30$121,010
Nov 2007013,56391.677.29$98,897
Oct 2007015,59682.856.92$107,955
Sep 2007014,41775.846.24$90,022
Aug 200719318,33469.066.39$130,445
Jul 2007019,35870.906.39$123,658
Jun 2007120,01862.007.55$151,167
May 2007021,97158.747.85$172,391
Apr 2007320,53159.617.81$160,427
Mar 200710121,75956.927.30$164,632
Feb 2007019,56455.108.22$160,738
Jan 2007123,15150.306.73$155,784
Dec 2006023,21056.656.92$160,577
Nov 2006020,62554.207.62$157,111
Oct 200607,73454.906.01$46,511
Sep 200617823,99360.085.04$131,552
Aug 2006031,53168.717.34$231,435
Jul 2006036,48669.376.34$231,422
Jun 2006040,10066.286.38$255,994
May 2006054,42866.016.42$349,700
Apr 2006011,71264.397.36$86,206
Mar 20060056.707.08$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                2,797 Mcf  × $  3.05 =     $8,519

────────────────────────────────────────────────────
Month total                                   $8,519

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/219162 is the state's own key, not one this site invented.