RIDDLE

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 222900District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Jul 2006 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
239
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
CondensateDisposition2,511 bbl$194,610
GasProduction1,115,539 Mcf$5,609,129
Total$5,803,739

Every month this lease reported (239)

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

239 months

May 202601,980106.413.05$6,031
Apr 202602,06098.932.87$5,912
Mar 202602,21189.753.15$6,963
Feb 202601,94463.503.75$7,291
Jan 202601,72559.138.00$13,796
Dec 202502,12856.664.41$9,392
Nov 202502,15658.593.93$8,465
Oct 202501,91259.383.30$6,319
Sep 202501,87362.743.08$5,763
Aug 202502,08463.933.01$6,283
Jul 202502,07066.743.32$6,862
Jun 202502,02666.483.13$6,339
May 202502,12660.553.23$6,872
Apr 202512,09062.363.54$7,467
Mar 2025192,17367.704.27$10,561
Feb 202501,94970.884.34$8,460
Jan 202502,27274.324.28$9,721
Dec 202402,25468.993.12$7,036
Nov 202402,12969.052.20$4,680
Oct 202402,28171.372.28$5,204
Sep 202402,19469.612.36$5,187
Aug 202402,20975.632.06$4,559
Jul 202402,39579.932.15$5,141
Jun 202402,39278.082.63$6,300
May 202402,77178.812.20$6,092
Apr 202402,68484.451.66$4,453
Mar 202402,49480.301.55$3,854
Feb 202402,39076.091.78$4,263
Jan 202402,49673.023.30$8,231
Dec 2023322,57871.262.61$9,011
Nov 2023482,58377.892.81$10,991
Oct 202302,33785.443.09$7,215
Sep 202302,49089.042.74$6,810
Aug 202302,62080.522.67$7,003
Jul 202302,68974.852.64$7,104
Jun 202302,69168.962.26$6,078
May 202302,65470.622.23$5,912
Apr 202302,66178.122.24$5,955
Mar 202302,91772.852.39$6,981
Feb 202302,26175.112.47$5,575
Jan 202302,64576.533.39$8,961
Dec 202201,18576.415.73$6,789
Nov 20220085.005.65$0
Oct 202202,00387.185.86$11,745
Sep 202201,92384.888.16$15,699
Aug 202212,69794.529.13$24,710
Jul 202202,610101.587.54$19,685
Jun 202202,162115.097.98$17,247
May 202202,551109.378.43$21,513
Apr 202202,264104.226.84$15,480
Mar 202202,896108.885.08$14,701
Feb 202202,95891.054.86$14,372
Jan 202202,57481.844.54$11,680
Dec 202102,27471.323.90$8,867
Nov 202102,63177.435.24$13,778
Oct 202102,79879.795.71$15,987
Sep 202102,05869.865.35$11,012
Aug 202102,91166.024.22$12,286
Jul 202112,57670.783.98$10,329
Jun 202102,49269.493.38$8,425
May 202102,65763.483.02$8,018
Apr 202102,75760.362.76$7,605
Mar 202102,88861.302.72$7,847
Feb 202102,13357.805.55$11,834
Jan 202102,41250.412.81$6,778
Dec 202002,52144.642.68$6,745
Nov 202002,32138.772.71$6,282
Oct 202002,31736.972.48$5,743
Sep 202002,22137.091.99$4,422
Aug 202002,35439.982.39$5,615
Jul 202002,36838.371.83$4,322
Jun 202002,30734.901.69$3,900
May 202002,35916.921.81$4,281
Apr 202002,63414.751.80$4,753
Mar 202002,94930.341.86$5,474
Feb 202002,59749.881.98$5,144
Jan 2020842,64557.252.09$10,350
Dec 201902,74659.012.30$6,328
Nov 201902,70655.302.75$7,443
Oct 201902,73653.472.42$6,617
Sep 201902,51355.052.66$6,678
Aug 201902,99753.112.30$6,906
Jul 201902,86356.272.46$7,043
Jun 201902,64852.782.49$6,597
May 201902,84958.482.74$7,807
Apr 201902,96662.632.75$8,159
Mar 201903,21556.803.06$9,845
Feb 201902,56050.852.79$7,148
Jan 201901,18246.033.23$3,816
Dec 20180046.594.19$0
Nov 201803,24052.934.24$13,729
Oct 201803,85861.443.40$13,110
Sep 201803,82359.543.11$11,882
Aug 201804,03859.403.07$12,383
Jul 201803,91565.142.93$11,478
Jun 201803,36660.183.08$10,357
May 201803,75665.382.90$10,895
Apr 201803,49563.842.90$10,138
Mar 201803,72661.222.79$10,384
Feb 201802,55961.782.77$7,079
Jan 201802,96062.874.01$11,868
Dec 201703,33057.272.92$9,729
Nov 201703,72255.423.12$11,607
Oct 20171083,28649.292.98$15,128
Sep 201701,94247.523.09$5,996
Aug 201703,00445.373.00$9,025
Jul 201702,86143.873.09$8,833
Jun 201702,14442.493.09$6,619
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201714450.452.95$180
Jan 20170049.413.42$0
Dec 201603,67748.763.72$13,689
Nov 201603,58942.492.64$9,491
Oct 201603,63546.193.09$11,233
Sep 201603,58041.553.10$11,100
Aug 201603,67641.442.92$10,750
Jul 20161423,72441.622.92$16,800
Jun 201603,73245.352.69$10,024
May 201603,75142.521.99$7,468
Apr 201603,58436.561.99$7,136
Mar 201603,74033.011.79$6,710
Feb 201603,40826.472.06$7,033
Jan 201603,68327.352.36$8,708
Dec 201503,89932.362.00$7,804
Nov 201504,48138.792.17$9,712
Oct 201504,04343.552.43$9,811
Sep 201502,67042.992.76$7,365
Aug 201503,24940.162.87$9,333
Jul 201503,56248.152.95$10,490
Jun 201503,72356.152.88$10,733
May 20151893,90255.212.96$21,967
Apr 201513,70349.822.71$10,072
Mar 201503,56342.892.93$10,456
Feb 201502,74544.662.98$8,170
Jan 20151962,63343.433.10$16,676
Dec 201402,53154.693.59$9,090
Nov 201403,59070.464.25$15,264
Oct 201402,21378.303.90$8,633
Sep 201402,46386.164.05$9,964
Aug 201401,82089.394.04$7,344
Jul 201403,52396.564.18$14,725
Jun 201402,31898.164.74$10,980
May 20141831,92294.734.73$26,420
Apr 201402,55895.944.81$12,302
Mar 201402,83795.895.06$14,346
Feb 201402,81697.406.19$17,437
Jan 201403,09790.404.86$15,054
Dec 20131863,65591.824.35$32,994
Nov 201303,08288.853.74$11,521
Oct 201303,96397.423.78$14,978
Sep 201303,934104.113.72$14,626
Aug 201304,257104.253.52$14,996
Jul 2013774,356102.523.72$24,089
Jun 201304,11294.403.93$16,174
May 20131884,46494.834.15$36,350
Apr 201304,45593.964.28$19,079
Mar 201304,70493.623.91$18,406
Feb 201304,20091.233.42$14,364
Jan 201305,14491.603.42$17,592
Dec 201205,80886.773.42$19,864
Nov 20121166,17386.953.62$32,463
Oct 201207,80889.383.40$26,545
Sep 2012424,14094.672.92$16,058
Aug 201204,89292.662.91$14,227
Jul 201205,40285.133.02$16,318
Jun 201205,39579.822.52$13,590
May 201205,63491.612.49$14,019
Apr 201205,461101.652.00$10,905
Mar 201205,465105.052.22$12,144
Feb 201205,179101.102.57$13,311
Jan 201205,38298.092.73$14,715
Dec 201105,17796.873.24$16,772
Nov 201105,09595.723.31$16,871
Oct 201105,35784.983.65$19,545
Sep 201105,59983.623.99$22,316
Aug 201106,19483.404.15$25,701
Jul 201106,36994.144.52$28,770
Jun 201106,03692.904.64$28,006
May 20111296,07998.134.40$39,436
Apr 201105,827105.964.33$25,250
Mar 201106,67796.364.06$27,091
Feb 201115,47185.644.18$22,954
Jan 201105,95986.504.59$27,345
Dec 20102005,97985.734.35$43,141
Nov 201014,51380.843.80$17,209
Oct 201004,59778.103.51$16,130
Sep 201004,29372.633.98$17,084
Aug 201006,60673.684.42$29,194
Jul 201006,27872.554.74$29,736
Jun 201005,59670.364.91$27,479
May 201006,22271.124.24$26,352
Apr 201005,83881.694.12$24,068
Mar 201005,77678.394.39$25,349
Feb 201005,06473.585.44$27,560
Jan 20101975,09174.365.96$45,012
Dec 200905,10271.445.48$27,978
Nov 200903,99474.593.75$14,983
Oct 200905,03372.544.11$20,687
Sep 200906,67565.543.06$20,457
Aug 200907,17867.423.22$23,102
Jul 200906,88161.133.46$23,839
Jun 200907,05266.163.90$27,468
May 200907,50654.743.93$29,467
Apr 200907,47646.773.59$26,820
Mar 200926,79042.144.06$27,645
Feb 200905,32832.814.63$24,685
Jan 200903,31035.865.37$17,778
Dec 200802,76237.105.98$16,509
Nov 20081977655.496.86$11,453
Oct 200801,92975.246.92$13,353
Sep 200802,408101.767.88$18,968
Aug 2008011,426114.228.48$96,927
Jul 200816912,152131.0811.39$160,557
Jun 2008011,478131.3313.03$149,589
May 2008013,168123.1711.57$152,410
Apr 2008012,055110.3110.45$126,033
Mar 2008013,287101.909.66$128,407
Feb 2008012,57692.538.77$110,299
Jan 2008012,71790.388.21$104,352
Dec 2007014,75588.337.30$107,741
Nov 2007015,53991.677.29$113,306
Oct 20070082.856.92$0
Sep 2007019,40075.846.24$121,137
Aug 2007022,40169.066.39$143,096
Jul 2007017,79370.906.39$113,661
Jun 2007013,64962.007.55$103,029
May 2007014,95958.747.85$117,373
Apr 2007014,16259.617.81$110,537
Mar 2007011,22556.927.30$81,965
Feb 2007011,86655.108.22$97,491
Jan 2007014,40250.306.73$96,880
Dec 2006016,20356.656.92$112,099
Nov 2006016,88254.207.62$128,598
Oct 2006020,05654.906.01$120,613
Sep 2006022,01960.085.04$110,914
Aug 2006030,30368.717.34$222,422
Jul 2006019,52169.376.34$123,817

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                1,980 Mcf  × $  3.05 =     $6,031

────────────────────────────────────────────────────
Month total                                   $6,031

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/222900 is the state's own key, not one this site invented.