RAILHEAD

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 223923District 09Field 65280200GasSaveExport
Value, all time
$16.5 M
Jun 2006 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
240
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
GasProduction3,217,233 Mcf$16,525,077
Total$16,525,077

Every month this lease reported (240)

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

240 months

May 20263,468106.413.05$10,563
Apr 20264,27198.932.87$12,257
Mar 202613889.753.15$435
Feb 20264,19863.503.75$15,744
Jan 20265,16759.138.00$41,325
Dec 20255,34256.664.41$23,576
Nov 20255,12658.593.93$20,127
Oct 20255,28559.383.30$17,466
Sep 20255,05062.743.08$15,538
Aug 20254,94063.933.01$14,893
Jul 20255,50166.743.32$18,237
Jun 20255,06266.483.13$15,838
May 20254,86760.553.23$15,732
Apr 20255,19662.363.54$18,410
Mar 20255,73267.704.27$24,466
Feb 20255,49670.884.34$23,857
Jan 20255,95374.324.28$25,471
Dec 20246,01968.993.12$18,788
Nov 20245,51269.052.20$12,118
Oct 20245,97971.372.28$13,640
Sep 20245,88269.612.36$13,907
Aug 20246,50375.632.06$13,420
Jul 20245,99379.932.15$12,865
Jun 20246,45878.082.63$17,010
May 20246,61278.812.20$14,536
Apr 20246,16284.451.66$10,224
Mar 20246,60080.301.55$10,198
Feb 20246,54276.091.78$11,669
Jan 20246,66673.023.30$21,982
Dec 20237,51471.262.61$19,617
Nov 20235,95877.892.81$16,727
Oct 20236,14585.443.09$18,971
Sep 20234,33289.042.74$11,848
Aug 20234,90980.522.67$13,121
Jul 20235,99174.852.64$15,827
Jun 20236,73168.962.26$15,202
May 20237,08270.622.23$15,774
Apr 20235,89378.122.24$13,187
Mar 20234,34172.852.39$10,389
Feb 202336475.112.47$898
Jan 20236,19976.533.39$21,000
Dec 20223,83976.415.73$21,994
Nov 202242085.005.65$2,371
Oct 202243987.185.86$2,574
Sep 202266584.888.16$5,429
Aug 20225,63994.529.13$51,468
Jul 20225,653101.587.54$42,635
Jun 20226,280115.097.98$50,097
May 20226,746109.378.43$56,889
Apr 20226,494104.226.84$44,403
Mar 20226,692108.885.08$33,971
Feb 20225,97391.054.86$29,022
Jan 20227,03081.844.54$31,900
Dec 20217,33571.323.90$28,600
Nov 20217,10677.435.24$37,213
Oct 20217,26879.795.71$41,528
Sep 20216,52569.865.35$34,915
Aug 20216,94166.024.22$29,295
Jul 20217,07070.783.98$28,153
Jun 20216,60669.493.38$22,332
May 20218,02663.483.02$24,220
Apr 20212,81960.362.76$7,776
Mar 20219,04161.302.72$24,564
Feb 20215,89257.805.55$32,689
Jan 20211,41750.412.81$3,982
Dec 20206,72744.642.68$17,998
Nov 20206,50438.772.71$17,604
Oct 20207,96836.972.48$19,748
Sep 20207,68437.091.99$15,299
Aug 20209,32639.982.39$22,243
Jul 20208,10238.371.83$14,787
Jun 20208,36334.901.69$14,136
May 20209,26916.921.81$16,821
Apr 20209,41314.751.80$16,985
Mar 20209,65230.341.86$17,916
Feb 20209,42849.881.98$18,674
Jan 202010,39557.252.09$21,775
Dec 201910,87059.012.30$25,048
Nov 201910,71755.302.75$29,479
Oct 201911,12253.472.42$26,899
Sep 20199,44355.052.66$25,093
Aug 201911,04153.112.30$25,442
Jul 201911,28856.272.46$27,769
Jun 20199,93152.782.49$24,740
May 201995658.482.74$2,620
Apr 20198,74262.632.75$24,047
Mar 201911,50956.803.06$35,242
Feb 20199,86850.852.79$27,554
Jan 201911,42346.033.23$36,876
Dec 201813,07446.594.19$54,720
Nov 201812,10752.934.24$51,300
Oct 201814,45761.443.40$49,126
Sep 201810,44859.543.11$32,472
Aug 201846359.403.07$1,420
Jul 2018065.142.93$0
Jun 20182,32060.183.08$7,138
May 20189,41965.382.90$27,323
Apr 201813,45363.842.90$39,024
Mar 201815,73961.222.79$43,862
Feb 20189,54061.782.77$26,389
Jan 20187,25962.874.01$29,104
Dec 20176,74757.272.92$19,712
Nov 20176,75955.423.12$21,077
Oct 20177,37749.292.98$22,011
Sep 20177,11547.523.09$21,966
Aug 20176,88745.373.00$20,691
Jul 20176,70643.873.09$20,703
Jun 20177,14842.493.09$22,068
May 20177,48845.373.26$24,436
Apr 20177,34847.933.21$23,599
Mar 20177,56846.772.98$22,580
Feb 20176,89750.452.95$20,364
Jan 20177,65549.413.42$26,171
Dec 20167,68848.763.72$28,621
Nov 20167,40042.492.64$19,568
Oct 20167,55246.193.09$23,338
Sep 20167,25541.553.10$22,495
Aug 20167,25541.442.92$21,216
Jul 20167,55841.622.92$22,102
Jun 20167,74545.352.69$20,802
May 20168,57342.521.99$17,069
Apr 20168,54136.561.99$17,005
Mar 20168,44133.011.79$15,143
Feb 20168,40726.472.06$17,349
Jan 20169,49627.352.36$22,452
Dec 20159,46032.362.00$18,933
Nov 20159,09138.792.17$19,703
Oct 201510,25043.552.43$24,872
Sep 201510,33142.992.76$28,497
Aug 20159,04940.162.87$25,993
Jul 20159,19748.152.95$27,086
Jun 20158,43656.152.88$24,320
May 20158,12255.212.96$24,004
Apr 20158,59449.822.71$23,260
Mar 20157,67042.892.93$22,509
Feb 20157,85644.662.98$23,381
Jan 20159,22543.433.10$28,603
Dec 20148,91554.693.59$32,017
Nov 201410,54670.464.25$44,840
Oct 20149,24778.303.90$36,072
Sep 201410,03786.164.05$40,604
Aug 20149,14489.394.04$36,897
Jul 201410,66096.564.18$44,555
Jun 20148,93998.164.74$42,343
May 20148,66194.734.73$40,937
Apr 20148,00595.944.81$38,497
Mar 20149,52695.895.06$48,171
Feb 20149,15497.406.19$56,682
Jan 201410,94090.404.86$53,176
Dec 20139,49891.824.35$41,359
Nov 20139,29188.853.74$34,732
Oct 20139,21297.423.78$34,815
Sep 20138,323104.113.72$30,943
Aug 20138,488104.253.52$29,900
Jul 20139,727102.523.72$36,162
Jun 20139,77194.403.93$38,433
May 201311,62894.834.15$48,246
Apr 201310,90693.964.28$46,706
Mar 201311,78293.623.91$46,101
Feb 20139,95391.233.42$34,038
Jan 201311,18191.603.42$38,238
Dec 201211,68786.773.42$39,971
Nov 201213,65186.953.62$49,484
Oct 201212,59389.383.40$42,812
Sep 20125,30394.672.92$15,476
Aug 20126,44292.662.91$18,734
Jul 20129,60585.133.02$29,015
Jun 201212,80379.822.52$32,251
May 201213,40891.612.49$33,363
Apr 201212,930101.652.00$25,819
Mar 201213,450105.052.22$29,887
Feb 201212,929101.102.57$33,231
Jan 201214,25498.092.73$38,972
Dec 201114,41296.873.24$46,691
Nov 201113,78695.723.31$45,649
Oct 201114,41284.983.65$52,583
Sep 201114,32083.623.99$57,077
Aug 201115,25283.404.15$63,285
Jul 201115,39994.144.52$69,561
Jun 201115,32192.904.64$71,088
May 201115,71198.134.40$69,204
Apr 201115,469105.964.33$67,032
Mar 201116,31696.364.06$66,200
Feb 20119,72985.644.18$40,667
Jan 201118,24186.504.59$83,704
Dec 201016,15585.734.35$70,238
Nov 20101,86880.843.80$7,090
Oct 201014,48978.103.51$50,840
Sep 201014,77372.633.98$58,789
Aug 201015,55473.684.42$68,739
Jul 201016,41872.554.74$77,764
Jun 201017,36270.364.91$85,254
May 201018,53471.124.24$78,496
Apr 201018,16281.694.12$74,876
Mar 201019,53478.394.39$85,728
Feb 201018,08673.585.44$98,431
Jan 201020,61974.365.96$122,974
Dec 200920,99671.445.48$115,137
Nov 200921,51574.593.75$80,714
Oct 200923,51872.544.11$96,665
Sep 200923,02265.543.06$70,557
Aug 200924,74067.423.22$79,626
Jul 200924,98261.133.46$86,550
Jun 200925,05666.163.90$97,593
May 200926,11954.743.93$102,537
Apr 200926,32646.773.59$94,445
Mar 200927,75442.144.06$112,653
Feb 200925,92832.814.63$120,124
Jan 200929,35635.865.37$157,671
Dec 200830,37337.105.98$181,544
Nov 200831,18855.496.86$213,961
Oct 200832,45675.246.92$224,660
Sep 200833,562101.767.88$264,371
Aug 200831,613114.228.48$268,174
Jul 200830,556131.0811.39$348,015
Jun 200836,005131.3313.03$469,240
May 200838,155123.1711.57$441,617
Apr 200837,239110.3110.45$389,329
Mar 200842,397101.909.66$409,728
Feb 200841,34492.538.77$362,611
Jan 200851,12190.388.21$419,485
Dec 200737,95088.337.30$277,110
Nov 200723,37091.677.29$170,407
Oct 200724,44682.856.92$169,215
Sep 200727,36775.846.24$170,884
Aug 200732,31669.066.39$206,433
Jul 200722,31270.906.39$142,528
Jun 200733,99162.007.55$256,579
May 200736,02258.747.85$282,639
Apr 200737,14759.617.81$289,940
Mar 200727,60856.927.30$201,593
Feb 200736,92355.108.22$303,359
Jan 200746,78550.306.73$314,716
Dec 200650,88456.656.92$352,038
Nov 200651,23254.207.62$390,259
Oct 200665,86854.906.01$396,117
Sep 200645,05560.085.04$226,951
Aug 200677,79068.717.34$570,972
Jul 200692,33369.376.34$585,646
Jun 2006066.286.38$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
Gas                3,468 Mcf  × $  3.05 =    $10,563

────────────────────────────────────────────────────
Month total                                  $10,563

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/223923 is the state's own key, not one this site invented.