HBB 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 220704District 09Field 65280200CondensateGasSaveExport
Value, all time
$20.4 M
May 2006 – May 2026
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
241
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 bbl$55
GasProduction3,489,668 Mcf$20,351,178
Total$20,351,233

Every month this lease reported (241)

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

241 months

May 202604,971106.413.05$15,141
Apr 202603,76098.932.87$10,790
Mar 202604,21289.753.15$13,265
Feb 202603,57563.503.75$13,407
Jan 202604,51859.138.00$36,135
Dec 202504,84256.664.41$21,369
Nov 202503,47258.593.93$13,633
Oct 202504,73659.383.30$15,652
Sep 202504,67962.743.08$14,397
Aug 202504,89363.933.01$14,751
Jul 202504,47666.743.32$14,839
Jun 202504,27266.483.13$13,366
May 202503,64060.553.23$11,766
Apr 202504,18562.363.54$14,828
Mar 202503,36467.704.27$14,359
Feb 202503,37570.884.34$14,650
Jan 202503,93174.324.28$16,819
Dec 202401,95868.993.12$6,112
Nov 202403,61969.052.20$7,956
Oct 202405,76971.372.28$13,161
Sep 202402,74269.612.36$6,483
Aug 202405,38475.632.06$11,111
Jul 202405,30879.932.15$11,394
Jun 202404,09578.082.63$10,786
May 202404,28778.812.20$9,425
Apr 202404,04484.451.66$6,710
Mar 202404,86780.301.55$7,520
Feb 202405,39676.091.78$9,625
Jan 202405,80973.023.30$19,156
Dec 202306,69871.262.61$17,487
Nov 202304,85477.892.81$13,628
Oct 202305,08485.443.09$15,696
Sep 202304,15789.042.74$11,370
Aug 202306,56180.522.67$17,537
Jul 202306,67674.852.64$17,637
Jun 202306,31868.962.26$14,269
May 202307,38470.622.23$16,447
Apr 202304,65978.122.24$10,426
Mar 2023051572.852.39$1,232
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202201,22085.005.65$6,888
Oct 202204,59287.185.86$26,926
Sep 202204,69884.888.16$38,353
Aug 202207,31094.529.13$66,720
Jul 202207,282101.587.54$54,921
Jun 202207,293115.097.98$58,178
May 202207,651109.378.43$64,521
Apr 202207,322104.226.84$50,065
Mar 202207,937108.885.08$40,291
Feb 202207,01691.054.86$34,090
Jan 202207,91981.844.54$35,934
Dec 202106,95671.323.90$27,122
Nov 202107,97677.435.24$41,769
Oct 202108,41079.795.71$48,054
Sep 202108,24769.865.35$44,129
Aug 202108,17566.024.22$34,503
Jul 202108,13470.783.98$32,390
Jun 202108,18269.493.38$27,660
May 202107,60263.483.02$22,940
Apr 202104,16860.362.76$11,497
Mar 202106,71061.302.72$18,231
Feb 202101,31657.805.55$7,301
Jan 202102,73550.412.81$7,686
Dec 202006,87244.642.68$18,386
Nov 202008,82538.772.71$23,885
Oct 202009,09336.972.48$22,536
Sep 202008,88737.091.99$17,694
Aug 202009,35239.982.39$22,305
Jul 202009,32838.371.83$17,025
Jun 202007,01534.901.69$11,858
May 202007,63316.921.81$13,852
Apr 202007,74514.751.80$13,975
Mar 202005,01030.341.86$9,300
Feb 202001,10349.881.98$2,185
Jan 202004,04457.252.09$8,471
Dec 201904,37859.012.30$10,088
Nov 201902,83255.302.75$7,790
Oct 201903,63953.472.42$8,801
Sep 201907,16155.052.66$19,029
Aug 201908,13053.112.30$18,734
Jul 201908,95856.272.46$22,037
Jun 201908,23152.782.49$20,505
May 201907,31558.482.74$20,045
Apr 201908,90662.632.75$24,498
Mar 201909,32356.803.06$28,548
Feb 201908,62350.852.79$24,077
Jan 201909,54746.033.23$30,819
Dec 2018010,06346.594.19$42,118
Nov 201809,85952.934.24$41,775
Oct 2018010,35861.443.40$35,197
Sep 2018010,79659.543.11$33,554
Aug 2018011,78059.403.07$36,124
Jul 2018011,97665.142.93$35,112
Jun 2018011,79460.183.08$36,289
May 2018011,65465.382.90$33,806
Apr 2018011,69663.842.90$33,928
Mar 2018010,14961.222.79$28,284
Feb 201803,34861.782.77$9,261
Jan 2018012,43062.874.01$49,836
Dec 2017012,76257.272.92$37,284
Nov 2017012,91055.423.12$40,258
Oct 2017013,77549.292.98$41,100
Sep 2017013,61147.523.09$42,021
Aug 2017011,78145.373.00$35,395
Jul 201708,70443.873.09$26,872
Jun 201708,76242.493.09$27,051
May 201709,02345.373.26$29,446
Apr 201707,67347.933.21$24,643
Mar 201702,21646.772.98$6,612
Feb 2017043050.452.95$1,270
Jan 2017048649.413.42$1,662
Dec 2016040748.763.72$1,515
Nov 2016044442.492.64$1,174
Oct 2016042446.193.09$1,310
Sep 2016034341.553.10$1,064
Aug 2016026541.442.92$775
Jul 2016048141.622.92$1,407
Jun 2016046745.352.69$1,254
May 2016049342.521.99$982
Apr 2016047036.561.99$936
Mar 2016045433.011.79$814
Feb 2016043126.472.06$889
Jan 201601,17727.352.36$2,783
Dec 201501,95132.362.00$3,905
Nov 201502,11538.792.17$4,584
Oct 201501,80143.552.43$4,370
Sep 201501,87642.992.76$5,175
Aug 201502,00240.162.87$5,751
Jul 201502,15948.152.95$6,358
Jun 2015045056.152.88$1,297
May 201501,09155.212.96$3,224
Apr 201503,41449.822.71$9,240
Mar 201502,30142.892.93$6,753
Feb 201503,49244.662.98$10,393
Jan 2015046643.433.10$1,445
Dec 201401,81854.693.59$6,529
Nov 201403,05970.464.25$13,006
Oct 201401,88978.303.90$7,369
Sep 2014010686.164.05$429
Aug 2014018089.394.04$726
Jul 2014036496.564.18$1,521
Jun 20140098.164.74$0
May 201402094.734.73$95
Apr 2014042495.944.81$2,039
Mar 201401,17595.895.06$5,942
Feb 201402,20797.406.19$13,666
Jan 201403,26790.404.86$15,880
Dec 201301,71791.824.35$7,477
Nov 201301,57288.853.74$5,877
Oct 20130097.423.78$0
Sep 201302,741104.113.72$10,190
Aug 20130641104.253.52$2,258
Jul 201303,165102.523.72$11,767
Jun 201302,97994.403.93$11,718
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013083293.623.91$3,256
Feb 201302,09191.233.42$7,151
Jan 201302,35291.603.42$8,044
Dec 2012050486.773.42$1,724
Nov 201201,91886.953.62$6,953
Oct 20120089.383.40$0
Sep 201201,92694.672.92$5,621
Aug 201202,41492.662.91$7,020
Jul 201203,70885.133.02$11,201
Jun 201205,82179.822.52$14,663
May 201202,33391.612.49$5,805
Apr 201204,421101.652.00$8,828
Mar 201205,699105.052.22$12,664
Feb 201206,930101.102.57$17,812
Jan 201206,66298.092.73$18,214
Dec 201106,80196.873.24$22,033
Nov 201103,21195.723.31$10,633
Oct 201105,61984.983.65$20,501
Sep 201106,53883.623.99$26,059
Aug 201103,60883.404.15$14,971
Jul 201104,38294.144.52$19,795
Jun 2011022592.904.64$1,044
May 201104,15498.134.40$18,298
Apr 201108,535105.964.33$36,985
Mar 2011011,76696.364.06$47,739
Feb 201104,40085.644.18$18,392
Jan 201108,40786.504.59$38,578
Dec 2010011,47285.734.35$49,877
Nov 201009,04280.843.80$34,317
Oct 2010016,17078.103.51$56,739
Sep 2010027,52672.633.98$109,539
Aug 2010037,55773.684.42$165,978
Jul 201004,21672.554.74$19,969
Jun 2010018,16170.364.91$89,178
May 2010024,26071.124.24$102,746
Apr 2010018,41581.694.12$75,919
Mar 2010020,85978.394.39$91,543
Feb 2010022,38873.585.44$121,844
Jan 2010025,83974.365.96$154,106
Dec 2009022,97771.445.48$126,000
Nov 2009021,81074.593.75$81,820
Oct 2009025,61472.544.11$105,280
Sep 2009025,86265.543.06$79,261
Aug 2009026,00267.423.22$83,687
Jul 2009025,77161.133.46$89,284
Jun 2009024,52766.163.90$95,533
May 2009026,39554.743.93$103,620
Apr 2009030,18546.773.59$108,289
Mar 2009035,00742.144.06$142,093
Feb 2009035,54032.814.63$164,657
Jan 2009039,14235.865.37$210,232
Dec 2008033,86437.105.98$202,410
Nov 2008036,94855.496.86$253,477
Oct 2008040,35375.246.92$279,323
Sep 2008039,633101.767.88$312,193
Aug 2008042,366114.228.48$359,392
Jul 2008038,772131.0811.39$441,591
Jun 2008034,580131.3313.03$450,668
May 2008030,783123.1711.57$356,291
Apr 2008035,854110.3110.45$374,849
Mar 2008043,090101.909.66$416,425
Feb 2008041,19192.538.77$361,269
Jan 2008058,32490.388.21$478,591
Dec 2007051,20588.337.30$373,897
Nov 2007053,03291.677.29$386,693
Oct 2007059,70782.856.92$413,291
Sep 2007055,44975.846.24$346,232
Aug 2007059,29369.066.39$378,760
Jul 2007060,08970.906.39$383,845
Jun 2007060,29262.007.55$455,111
May 2007067,23758.747.85$527,560
Apr 2007069,23359.617.81$540,377
Mar 2007075,00356.927.30$547,670
Feb 2007170,24455.108.22$577,180
Jan 2007076,69550.306.73$515,916
Dec 2006080,09556.656.92$554,132
Nov 2006078,02854.207.62$594,377
Oct 2006083,76354.906.01$503,734
Sep 2006086,13160.085.04$433,859
Aug 2006093,78868.717.34$688,396
Jul 20060109,60569.376.34$695,198
Jun 20060121,17866.286.38$773,586
May 20060131,62966.016.42$845,716

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                4,971 Mcf  × $  3.05 =    $15,141

────────────────────────────────────────────────────
Month total                                  $15,141

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/220704 is the state's own key, not one this site invented.