CLASSIC OAKS UNIT

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 223728District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.2 M
Jul 2006 – May 2026
Value, last 12 filed months
$115 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
CondensateDisposition34 bbl$2,780
GasProduction2,127,021 Mcf$11,151,207
Total$11,153,987

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 202603,737106.413.05$11,382
Apr 202603,09398.932.87$8,876
Mar 202603,05289.753.15$9,612
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202503,51856.664.41$15,526
Nov 202503,32358.593.93$13,048
Oct 202503,25759.383.30$10,764
Sep 202503,49462.743.08$10,751
Aug 202503,75363.933.01$11,314
Jul 202503,72566.743.32$12,349
Jun 202503,65666.483.13$11,439
May 202503,83960.553.23$12,409
Apr 202503,62162.363.54$12,830
Mar 202503,70567.704.27$15,814
Feb 202503,33770.884.34$14,485
Jan 202503,64274.324.28$15,583
Dec 202403,72368.993.12$11,621
Nov 202403,64469.052.20$8,011
Oct 202403,76071.372.28$8,578
Sep 202403,59669.612.36$8,502
Aug 202403,70875.632.06$7,652
Jul 202403,78979.932.15$8,133
Jun 202403,64778.082.63$9,606
May 202403,67478.812.20$8,077
Apr 202403,58084.451.66$5,940
Mar 202403,64180.301.55$5,626
Feb 202403,12476.091.78$5,572
Jan 202402,89573.023.30$9,547
Dec 202302,96971.262.61$7,751
Nov 202302,83777.892.81$7,965
Oct 202302,94785.443.09$9,098
Sep 202302,84489.042.74$7,778
Aug 202302,92280.522.67$7,810
Jul 202302,87074.852.64$7,582
Jun 202302,77068.962.26$6,256
May 202302,89170.622.23$6,439
Apr 202302,87478.122.24$6,431
Mar 202302,95672.852.39$7,074
Feb 202302,75275.112.47$6,786
Jan 202303,16476.533.39$10,719
Dec 202202,87476.415.73$16,465
Nov 202203,06285.005.65$17,289
Oct 202203,39787.185.86$19,919
Sep 202203,13384.888.16$25,577
Aug 202203,37794.529.13$30,822
Jul 202203,419101.587.54$25,786
Jun 202202,936115.097.98$23,421
May 202203,484109.378.43$29,381
Apr 202203,565104.226.84$24,376
Mar 202203,443108.885.08$17,478
Feb 202202,01491.054.86$9,786
Jan 202202,24581.844.54$10,187
Dec 202103,29671.323.90$12,852
Nov 202103,55577.435.24$18,617
Oct 202103,28779.795.71$18,781
Sep 202103,05869.865.35$16,363
Aug 202103,27466.024.22$13,818
Jul 202103,20270.783.98$12,751
Jun 202102,92269.493.38$9,878
May 202103,41963.483.02$10,317
Apr 202103,24460.362.76$8,948
Mar 202103,03161.302.72$8,235
Feb 202101,90357.805.55$10,558
Jan 202103,42650.412.81$9,628
Dec 202002,11944.642.68$5,669
Nov 202003,23938.772.71$8,767
Oct 202003,23036.972.48$8,005
Sep 202003,65537.091.99$7,277
Aug 202003,97339.982.39$9,476
Jul 202003,86238.371.83$7,049
Jun 202003,80834.901.69$6,437
May 202003,95716.921.81$7,181
Apr 202003,86114.751.80$6,967
Mar 202003,98530.341.86$7,397
Feb 202003,69149.881.98$7,311
Jan 202003,91857.252.09$8,207
Dec 201904,09359.012.30$9,432
Nov 201904,07455.302.75$11,206
Oct 201904,14253.472.42$10,018
Sep 201904,07355.052.66$10,823
Aug 201904,20153.112.30$9,681
Jul 201904,20556.272.46$10,345
Jun 201904,12152.782.49$10,266
May 201904,26858.482.74$11,696
Apr 201904,19262.632.75$11,531
Mar 201904,38856.803.06$13,436
Feb 201903,92750.852.79$10,965
Jan 201904,01246.033.23$12,951
Dec 201804,35946.594.19$18,244
Nov 201804,26452.934.24$18,068
Oct 201804,41361.443.40$14,996
Sep 201804,54959.543.11$14,138
Aug 201804,79659.403.07$14,707
Jul 201804,78165.142.93$14,017
Jun 201804,49560.183.08$13,831
May 201804,69965.382.90$13,631
Apr 201804,63763.842.90$13,451
Mar 201804,98861.222.79$13,901
Feb 201804,64161.782.77$12,838
Jan 201805,25662.874.01$21,073
Dec 201705,18557.272.92$15,148
Nov 201705,24655.423.12$16,359
Oct 201705,33249.292.98$15,909
Sep 201705,21847.523.09$16,109
Aug 201705,92645.373.00$17,804
Jul 201703,84343.873.09$11,864
Jun 201703,58242.493.09$11,059
May 201704,08545.373.26$13,331
Apr 201703,67447.933.21$11,799
Mar 201703,75946.772.98$11,216
Feb 201703,80550.452.95$11,235
Jan 201704,41649.413.42$15,097
Dec 201604,36748.763.72$16,258
Nov 201604,28642.492.64$11,334
Oct 201605,13846.193.09$15,878
Sep 201604,91941.553.10$15,252
Aug 201605,25741.442.92$15,373
Jul 201605,23341.622.92$15,303
Jun 201604,95245.352.69$13,300
May 201605,33242.521.99$10,616
Apr 201605,21536.561.99$10,383
Mar 201605,39533.011.79$9,679
Feb 201604,99326.472.06$10,304
Jan 201605,93227.352.36$14,025
Dec 201506,09432.362.00$12,197
Nov 201506,17638.792.17$13,385
Oct 201506,34043.552.43$15,385
Sep 201506,19242.992.76$17,080
Aug 201506,26340.162.87$17,990
Jul 201506,54548.152.95$19,276
Jun 201506,34856.152.88$18,300
May 201506,79255.212.96$20,073
Apr 201506,20449.822.71$16,792
Mar 201506,44942.892.93$18,926
Feb 201505,77944.662.98$17,199
Jan 201506,36943.433.10$19,748
Dec 201406,21454.693.59$22,317
Nov 201406,25470.464.25$26,591
Oct 201406,86578.303.90$26,780
Sep 201406,77386.164.05$27,400
Aug 201407,18089.394.04$28,972
Jul 201407,44296.564.18$31,105
Jun 201407,30198.164.74$34,584
May 201407,64794.734.73$36,144
Apr 201407,44495.944.81$35,799
Mar 201407,57695.895.06$38,310
Feb 201406,86997.406.19$42,533
Jan 201407,54290.404.86$36,660
Dec 201307,87991.824.35$34,309
Nov 201307,57388.853.74$28,310
Oct 201307,66497.423.78$28,965
Sep 201305,172104.113.72$19,228
Aug 201306,924104.253.52$24,391
Jul 201305,499102.523.72$20,444
Jun 201307,68194.403.93$30,213
May 201307,54794.834.15$31,313
Apr 201307,41093.964.28$31,734
Mar 201307,50793.623.91$29,374
Feb 201306,81991.233.42$23,320
Jan 201307,74691.603.42$26,491
Dec 201207,77786.773.42$26,599
Nov 201208,40586.953.62$30,468
Oct 201209,30089.383.40$31,617
Sep 201208,07094.672.92$23,551
Aug 201206,93692.662.91$20,171
Jul 201207,36285.133.02$22,239
Jun 201207,88879.822.52$19,870
May 201208,02491.612.49$19,966
Apr 201208,296101.652.00$16,565
Mar 201208,266105.052.22$18,368
Feb 201207,260101.102.57$18,660
Jan 201207,67998.092.73$20,995
Dec 201107,87096.873.24$25,497
Nov 201107,40595.723.31$24,520
Oct 201107,59084.983.65$27,692
Sep 201107,54583.623.99$30,073
Aug 201107,95883.404.15$33,020
Jul 201108,08394.144.52$36,513
Jun 201107,76992.904.64$36,047
May 201106,93898.134.40$30,561
Apr 201109,936105.964.33$43,055
Mar 201109,88596.364.06$40,107
Feb 201108,48285.644.18$35,455
Jan 201109,46786.504.59$43,442
Dec 201009,27185.734.35$40,308
Nov 201008,85380.843.80$33,600
Oct 201009,25278.103.51$32,464
Sep 201009,15072.633.98$36,412
Aug 201009,60573.684.42$42,448
Jul 201009,74572.554.74$46,157
Jun 201009,52770.364.91$46,781
May 201009,81171.124.24$41,552
Apr 201009,53581.694.12$39,310
Mar 201009,92178.394.39$43,540
Feb 201008,93173.585.44$48,606
Jan 201009,97474.365.96$59,486
Dec 200908,96171.445.48$49,140
Nov 200909,56674.593.75$35,887
Oct 200909,29772.544.11$38,213
Sep 200909,23965.543.06$28,315
Aug 200909,64567.423.22$31,042
Jul 2009010,56961.133.46$36,616
Jun 2009010,56266.163.90$41,139
May 2009011,40154.743.93$44,757
Apr 2009011,00546.773.59$39,480
Mar 2009011,91542.144.06$48,363
Feb 2009011,18932.814.63$51,839
Jan 2009013,02235.865.37$69,941
Dec 2008013,50037.105.98$80,691
Nov 2008013,27655.496.86$91,078
Oct 2008313,64875.246.92$94,697
Sep 2008013,843101.767.88$109,043
Aug 2008014,642114.228.48$124,208
Jul 2008115,046131.0811.39$171,496
Jun 2008014,882131.3313.03$193,952
May 2008016,030123.1711.57$185,536
Apr 2008015,453110.3110.45$161,559
Mar 2008015,969101.909.66$154,326
Feb 2008316,15692.538.77$141,975
Jan 2008017,67390.388.21$145,020
Dec 2007418,19388.337.30$133,198
Nov 2007617,48091.677.29$128,009
Oct 2007218,61982.856.92$129,046
Sep 200769,16175.846.24$57,658
Aug 2007918,22269.066.39$117,023
Jul 2007019,16270.906.39$122,406
Jun 2007019,36262.007.55$146,153
May 2007021,26758.747.85$166,867
Apr 2007023,87959.617.81$186,380
Mar 2007029,85356.927.30$217,986
Feb 2007024,76255.108.22$203,445
Jan 2007069,97650.306.73$470,718
Dec 2006080,42356.656.92$556,402
Nov 2006085,91454.207.62$654,448
Oct 20060103,59254.906.01$622,982
Sep 20060124,47760.085.04$627,016
Aug 20060113,48868.717.34$832,993
Jul 20060069.376.34$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                3,737 Mcf  × $  3.05 =    $11,382

────────────────────────────────────────────────────
Month total                                  $11,382

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/223728 is the state's own key, not one this site invented.