REED

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 219912District 09Field 65280200GasSaveExport
Value, all time
$29.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$143 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
GasProduction5,325,369 Mcf$29,779,594
Total$29,779,594

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 20263,424106.413.05$10,429
Apr 20263,73198.932.87$10,707
Mar 20264,17589.753.15$13,149
Feb 20263,94163.503.75$14,780
Jan 20263,41059.138.00$27,273
Dec 20252,84656.664.41$12,560
Nov 20253,66058.593.93$14,371
Oct 20253,97659.383.30$13,140
Sep 20253,78462.743.08$11,643
Aug 20253,71563.933.01$11,200
Jul 20251,13166.743.32$3,749
Jun 2025366.483.13$9
May 2025160.553.23$3
Apr 20252862.363.54$99
Mar 20256267.704.27$265
Feb 202540470.884.34$1,754
Jan 20251,23274.324.28$5,271
Dec 20241,92968.993.12$6,021
Nov 20243,16869.052.20$6,965
Oct 20243,17871.372.28$7,250
Sep 20243,18169.612.36$7,521
Aug 20243,50075.632.06$7,223
Jul 20244,47979.932.15$9,615
Jun 20244,65778.082.63$12,266
May 20245,32378.812.20$11,702
Apr 20245,40384.451.66$8,965
Mar 20245,47080.301.55$8,452
Feb 20245,43676.091.78$9,696
Jan 20245,69773.023.30$18,787
Dec 20235,72371.262.61$14,941
Nov 20235,63877.892.81$15,829
Oct 20235,77585.443.09$17,829
Sep 20235,50689.042.74$15,059
Aug 20235,21980.522.67$13,950
Jul 20235,52074.852.64$14,583
Jun 20235,21968.962.26$11,787
May 20234,92870.622.23$10,977
Apr 20234,23778.122.24$9,481
Mar 20233,65572.852.39$8,747
Feb 20235,39575.112.47$13,302
Jan 20236,82376.533.39$23,114
Dec 20226,95376.415.73$39,834
Nov 20226,56285.005.65$37,050
Oct 20226,75087.185.86$39,580
Sep 20226,48684.888.16$52,950
Aug 20225,10894.529.13$46,622
Jul 20223,548101.587.54$26,759
Jun 20221,692115.097.98$13,497
May 20221,527109.378.43$12,877
Apr 20222,843104.226.84$19,439
Mar 20227,955108.885.08$40,383
Feb 20227,39991.054.86$35,951
Jan 20228,21881.844.54$37,291
Dec 20218,25571.323.90$32,187
Nov 20218,09077.435.24$42,366
Oct 20218,28879.795.71$47,357
Sep 20218,19169.865.35$43,829
Aug 20218,52366.024.22$35,972
Jul 20218,66370.783.98$34,497
Jun 20219,18269.493.38$31,041
May 20217,92363.483.02$23,909
Apr 20218,67260.362.76$23,921
Mar 20219,52161.302.72$25,868
Feb 20217,45657.805.55$41,366
Jan 20218,96250.412.81$25,186
Dec 20209,09144.642.68$24,323
Nov 20208,78838.772.71$23,785
Oct 20209,23136.972.48$22,878
Sep 20208,91337.091.99$17,746
Aug 20209,16839.982.39$21,867
Jul 20209,23138.371.83$16,848
Jun 20209,02934.901.69$15,262
May 20209,57216.921.81$17,371
Apr 20209,18814.751.80$16,579
Mar 20209,70030.341.86$18,005
Feb 20209,36449.881.98$18,547
Jan 20209,79957.252.09$20,526
Dec 20199,62659.012.30$22,182
Nov 201910,55455.302.75$29,031
Oct 20198,88253.472.42$21,481
Sep 20199,03655.052.66$24,011
Aug 20198,63453.112.30$19,896
Jul 20199,30456.272.46$22,888
Jun 20199,33652.782.49$23,258
May 20199,01258.482.74$24,696
Apr 20198,95062.632.75$24,619
Mar 20199,14256.803.06$27,994
Feb 20198,48350.852.79$23,686
Jan 20199,23346.033.23$29,806
Dec 20188,62746.594.19$36,108
Nov 20189,96352.934.24$42,216
Oct 20183,20461.443.40$10,887
Sep 201810,00659.543.11$31,099
Aug 201810,03859.403.07$30,782
Jul 201810,16365.142.93$29,797
Jun 20189,72960.183.08$29,935
May 20189,61465.382.90$27,888
Apr 20189,86863.842.90$28,625
Mar 201810,53961.222.79$29,371
Feb 20189,80861.782.77$27,130
Jan 201810,86962.874.01$43,577
Dec 201710,97057.272.92$32,049
Nov 201710,68355.423.12$33,313
Oct 201710,91849.292.98$32,576
Sep 201710,51347.523.09$32,457
Aug 201710,82345.373.00$32,517
Jul 201711,68243.873.09$36,066
Jun 201711,66642.493.09$36,016
May 201712,38245.373.26$40,407
Apr 201712,59847.933.21$40,460
Mar 201713,70246.772.98$40,882
Feb 201711,47650.452.95$33,884
Jan 201712,50149.413.42$42,738
Dec 201613,11648.763.72$48,829
Nov 201612,70442.492.64$33,594
Oct 201612,09646.193.09$37,380
Sep 201611,80041.553.10$36,587
Aug 201613,72841.442.92$40,145
Jul 201613,04241.622.92$38,139
Jun 201612,93245.352.69$34,733
May 201613,18042.521.99$26,242
Apr 201613,33836.561.99$26,556
Mar 201614,25433.011.79$25,572
Feb 201613,50026.472.06$27,859
Jan 201614,61827.352.36$34,562
Dec 201514,21132.362.00$28,442
Nov 201514,11638.792.17$30,594
Oct 201515,01743.552.43$36,440
Sep 201514,55242.992.76$40,141
Aug 201514,35440.162.87$41,232
Jul 201515,05148.152.95$44,326
Jun 201514,87956.152.88$42,894
May 201515,25555.212.96$45,085
Apr 201514,50849.822.71$39,267
Mar 201514,00742.892.93$41,106
Feb 201513,72644.662.98$40,851
Jan 201515,44043.433.10$47,874
Dec 201414,63654.693.59$52,563
Nov 201415,28670.464.25$64,994
Oct 201415,99078.303.90$62,376
Sep 201415,92386.164.05$64,416
Aug 201416,78989.394.04$67,746
Jul 201417,14096.564.18$71,638
Jun 201416,92598.164.74$80,172
May 201417,08094.734.73$80,730
Apr 201416,80595.944.81$80,817
Mar 201418,06195.895.06$91,331
Feb 201416,70297.406.19$103,419
Jan 201418,79490.404.86$91,352
Dec 201319,53891.824.35$85,078
Nov 201318,87588.853.74$70,560
Oct 201319,43697.423.78$73,456
Sep 201320,282104.113.72$75,403
Aug 201320,772104.253.52$73,172
Jul 201320,983102.523.72$78,009
Jun 201320,68494.403.93$81,359
May 201321,94094.834.15$91,031
Apr 201321,14493.964.28$90,551
Mar 201322,34393.623.91$87,425
Feb 201320,68791.233.42$70,748
Jan 201323,18791.603.42$79,297
Dec 201223,19686.773.42$79,334
Nov 201220,93286.953.62$75,878
Oct 201221,21389.383.40$72,117
Sep 201221,60594.672.92$63,052
Aug 201221,62092.662.91$62,874
Jul 201222,81585.133.02$68,920
Jun 201220,75979.822.52$52,293
May 201222,47891.612.49$55,932
Apr 201222,669101.652.00$45,265
Mar 201223,825105.052.22$52,941
Feb 201221,531101.102.57$55,340
Jan 201221,65398.092.73$59,201
Dec 201121,48396.873.24$69,599
Nov 201120,18895.723.31$66,848
Oct 201120,54684.983.65$74,963
Sep 201123,57183.623.99$93,949
Aug 201114,09983.404.15$58,501
Jul 201129,51494.144.52$133,322
Jun 201128,32092.904.64$131,401
May 201130,10598.134.40$132,607
Apr 201129,093105.964.33$126,068
Mar 201132,43796.364.06$131,608
Feb 201126,16585.644.18$109,369
Jan 201126,55586.504.59$121,855
Dec 201025,75785.734.35$111,985
Nov 201027,42180.843.80$104,072
Oct 201030,44378.103.51$106,821
Sep 201028,38872.633.98$112,969
Aug 201029,45473.684.42$130,168
Jul 201029,70672.554.74$140,702
Jun 201031,79670.364.91$156,131
May 201033,22771.124.24$140,724
Apr 201032,13181.694.12$132,466
Mar 201033,42678.394.39$146,696
Feb 201032,64873.585.44$177,682
Jan 201037,84274.365.96$225,693
Dec 200938,80471.445.48$212,791
Nov 200939,29374.593.75$147,408
Oct 200940,45872.544.11$166,292
Sep 200942,50165.543.06$130,255
Aug 200942,35067.423.22$136,303
Jul 200943,23761.133.46$149,795
Jun 200941,34366.163.90$161,031
May 200943,45954.743.93$170,609
Apr 200943,96246.773.59$157,714
Mar 200949,75842.144.06$201,968
Feb 200945,99032.814.63$213,072
Jan 200947,56735.865.37$255,482
Dec 200848,32937.105.98$288,869
Nov 200824,62855.496.86$168,957
Oct 200844,88875.246.92$310,714
Sep 200871,214101.767.88$560,959
Aug 200886,749114.228.48$735,894
Jul 2008107,802131.0811.39$1,227,803
Jun 20089,501131.3313.03$123,823
May 200834,109123.1711.57$394,787
Apr 200827,105110.3110.45$283,379
Mar 200834,312101.909.66$331,594
Feb 200833,48792.538.77$293,700
Jan 200835,68890.388.21$292,846
Dec 200732,99388.337.30$240,914
Nov 200728,02991.677.29$204,379
Oct 200738,48882.856.92$266,413
Sep 200739,43975.846.24$246,263
Aug 200742,61369.066.39$272,209
Jul 200744,49670.906.39$284,238
Jun 200743,27262.007.55$326,637
May 200745,06058.747.85$353,553
Apr 200739,39359.617.81$307,470
Mar 200744,95456.927.30$328,253
Feb 200745,97555.108.22$377,731
Jan 200755,46350.306.73$373,091
Dec 200659,69956.656.92$413,024
Nov 200662,43454.207.62$475,590
Oct 200664,37354.906.01$387,126
Sep 200664,50260.085.04$324,909
Aug 200666,42468.717.34$487,547
Jul 200677,63369.376.34$492,407
Jun 200686,10566.286.38$549,684
May 200688,57066.016.42$569,062
Apr 200681,48564.397.36$599,769
Mar 2006103,82956.707.08$735,413
Feb 200698,62457.597.75$764,446
Jan 2006140,94660.598.93$1,259,116
Dec 2005179,23854.9413.42$2,404,549
Nov 200557,80454.6910.59$612,052

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                3,424 Mcf  × $  3.05 =    $10,429

────────────────────────────────────────────────────
Month total                                  $10,429

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/219912 is the state's own key, not one this site invented.