VEALE RANCH

Operated by BKV BARNETT, LLC (P-5 72504) 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 224752District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
236
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
CondensateDisposition21,630 bbl$1,546,598
GasProduction1,407,141 Mcf$6,665,722
Total$8,212,320

Every month this lease reported (236)

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

236 months

May 2026173,624106.413.05$12,847
Apr 2026423,51598.932.87$14,242
Mar 2026663,72589.753.15$17,655
Feb 202603,45663.503.75$12,961
Jan 202603,15559.138.00$25,233
Dec 202523,57756.664.41$15,900
Nov 2025633,44958.593.93$17,233
Oct 202503,56759.383.30$11,788
Sep 202513,50462.743.08$10,844
Aug 2025743,57063.933.01$15,494
Jul 202503,58666.743.32$11,888
Jun 202503,46166.483.13$10,829
May 2025593,58260.553.23$15,151
Apr 202503,54462.363.54$12,557
Mar 202513,79167.704.27$16,249
Feb 2025603,52870.884.34$19,567
Jan 202543,82174.324.28$16,646
Dec 2024583,60868.993.12$15,263
Nov 202403,34069.052.20$7,343
Oct 202403,48071.372.28$7,939
Sep 2024813,52869.612.36$13,980
Aug 202403,67975.632.06$7,592
Jul 202403,74679.932.15$8,041
Jun 202403,72878.082.63$9,819
May 2024923,79878.812.20$15,600
Apr 202403,85784.451.66$6,400
Mar 202403,93280.301.55$6,075
Feb 202403,45876.091.78$6,168
Jan 202403,68873.023.30$12,162
Dec 202303,95971.262.61$10,336
Nov 202303,78677.892.81$10,629
Oct 202303,92585.443.09$12,118
Sep 202303,88389.042.74$10,620
Aug 202304,02280.522.67$10,750
Jul 202304,13474.852.64$10,921
Jun 202303,88868.962.26$8,781
May 202304,19170.622.23$9,335
Apr 202304,13978.122.24$9,262
Mar 202303,79172.852.39$9,072
Feb 202303,35275.112.47$8,265
Jan 202303,95976.533.39$13,412
Dec 202203,95876.415.73$22,676
Nov 202203,91685.005.65$22,111
Oct 202203,04787.185.86$17,867
Sep 202203,34484.888.16$27,299
Aug 202203,81894.529.13$34,848
Jul 202203,940101.587.54$29,716
Jun 202203,799115.097.98$30,305
May 202203,893109.378.43$32,830
Apr 202203,746104.226.84$25,614
Mar 20221623,911108.885.08$37,492
Feb 202203,60891.054.86$17,531
Jan 202203,94181.844.54$17,883
Dec 202103,89971.323.90$15,203
Nov 202103,79077.435.24$19,848
Oct 20211683,91979.795.71$35,797
Sep 202103,81069.865.35$20,387
Aug 202103,99266.024.22$16,849
Jul 202104,02070.783.98$16,008
Jun 202103,89769.493.38$13,174
May 202104,04063.483.02$12,191
Apr 202103,96160.362.76$10,926
Mar 202104,11961.302.72$11,191
Feb 202104,18557.805.55$23,218
Jan 20211684,07450.412.81$19,918
Dec 202004,05244.642.68$10,841
Nov 202003,89438.772.71$10,539
Oct 202004,06936.972.48$10,085
Sep 202003,97037.091.99$7,904
Aug 202004,13739.982.39$9,867
Jul 20201604,09338.371.83$13,609
Jun 202004,01634.901.69$6,788
May 202004,15116.921.81$7,533
Apr 202004,01314.751.80$7,241
Mar 202034,15230.341.86$7,798
Feb 2020693,86049.881.98$11,087
Jan 202093,86557.252.09$8,611
Dec 20191173,91159.012.30$15,917
Nov 201904,19355.302.75$11,534
Oct 20191754,33153.472.42$19,832
Sep 201904,04755.052.66$10,754
Aug 201904,21753.112.30$9,717
Jul 201904,30556.272.46$10,591
Jun 201904,23552.782.49$10,550
May 201904,41258.482.74$12,090
Apr 20191904,33662.632.75$23,827
Mar 201904,49256.803.06$13,755
Feb 201904,20050.852.79$11,727
Jan 201904,61646.033.23$14,901
Dec 2018894,81846.594.19$24,312
Nov 20181894,24652.934.24$27,995
Oct 201804,38961.443.40$14,914
Sep 201804,27559.543.11$13,287
Aug 201804,48659.403.07$13,757
Jul 201804,40965.142.93$12,927
Jun 20181723,98160.183.08$22,600
May 201804,18565.382.90$12,140
Apr 20181824,12363.842.90$23,579
Mar 201804,32661.222.79$12,056
Feb 201803,92661.782.77$10,860
Jan 201804,30662.874.01$17,264
Dec 201704,37557.272.92$12,782
Nov 20171374,27855.423.12$20,933
Oct 201704,48749.292.98$13,388
Sep 201704,43147.523.09$13,680
Aug 20171284,75245.373.00$20,084
Jul 201704,82043.873.09$14,881
Jun 20171114,50042.493.09$18,609
May 201704,10045.373.26$13,380
Apr 20171484,50647.933.21$21,565
Mar 201704,72346.772.98$14,092
Feb 201714,25250.452.95$12,605
Jan 2017154,68349.413.42$16,751
Dec 20161744,66248.763.72$25,840
Nov 20161884,48742.492.64$19,853
Oct 201604,58746.193.09$14,175
Sep 201604,51941.553.10$14,012
Aug 201604,67441.442.92$13,668
Jul 201604,73141.622.92$13,835
Jun 20161884,57545.352.69$20,813
May 201604,69642.521.99$9,350
Apr 201604,62636.561.99$9,211
Mar 20161854,71933.011.79$14,573
Feb 201604,42026.472.06$9,121
Jan 20161854,62627.352.36$15,997
Dec 201504,64932.362.00$9,305
Nov 201504,58238.792.17$9,931
Oct 20151714,79043.552.43$19,070
Sep 201504,68042.992.76$12,909
Aug 201504,87440.162.87$14,001
Jul 20151854,92748.152.95$23,418
Jun 201504,47756.152.88$12,907
May 201504,78255.212.96$14,133
Apr 20151404,74849.822.71$19,826
Mar 20151935,02842.892.93$23,033
Feb 201505,19644.662.98$15,464
Jan 201505,30943.433.10$16,461
Dec 201404,59354.693.59$16,495
Nov 201404,64370.464.25$19,741
Oct 201404,76278.303.90$18,576
Sep 201404,42386.164.05$17,893
Aug 20141855,15189.394.04$37,322
Jul 201405,23396.564.18$21,872
Jun 20142144,91698.164.74$44,293
May 201405,11594.734.73$24,176
Apr 201405,00195.944.81$24,050
Mar 20141935,15695.895.06$44,580
Feb 201406,06797.406.19$37,567
Jan 201405,46390.404.86$26,554
Dec 20131866,20191.824.35$44,081
Nov 201305,73088.853.74$21,420
Oct 20131745,28397.423.78$36,917
Sep 201304,857104.113.72$18,057
Aug 201305,065104.253.52$17,842
Jul 20131845,014102.523.72$37,504
Jun 201304,86794.403.93$19,144
May 201304,96894.834.15$20,613
Apr 20131885,20193.964.28$39,938
Mar 201305,56993.623.91$21,791
Feb 201305,08391.233.42$17,383
Jan 20131915,52691.603.42$36,394
Dec 201206,37086.773.42$21,786
Nov 20121845,95386.953.62$37,578
Oct 201206,20889.383.40$21,105
Sep 201205,84894.672.92$17,067
Aug 20121896,38692.662.91$36,084
Jul 201205,10585.133.02$15,421
Jun 201205,55979.822.52$14,003
May 20121896,92091.612.49$34,533
Apr 201202,126101.652.00$4,245
Mar 201206,612105.052.22$14,692
Feb 20121805,869101.102.57$33,283
Jan 20121876,25798.092.73$35,450
Dec 201106,32396.873.24$20,485
Nov 20111826,21195.723.31$37,987
Oct 201106,49584.983.65$23,697
Sep 201106,35283.623.99$25,318
Aug 20113736,48683.404.15$58,021
Jul 201106,39494.144.52$28,883
Jun 20111906,36992.904.64$47,202
May 201106,73998.134.40$29,684
Apr 201106,224105.964.33$26,970
Mar 20113606,46696.364.06$60,924
Feb 201105,99685.644.18$25,063
Jan 20111936,68886.504.59$47,384
Dec 20101756,75085.734.35$44,350
Nov 201006,88080.843.80$26,112
Oct 201007,13578.103.51$25,036
Sep 20103627,10072.633.98$54,546
Aug 201007,35673.684.42$32,509
Jul 201007,45472.554.74$35,306
Jun 20101897,20170.364.91$48,658
May 20101997,52071.124.24$46,002
Apr 20101987,71381.694.12$47,973
Mar 20101917,58378.394.39$48,252
Feb 201006,89773.585.44$37,536
Jan 20103927,80774.365.96$75,711
Dec 200907,81671.445.48$42,861
Nov 20091827,76874.593.75$42,717
Oct 20091938,38172.544.11$48,448
Sep 20091868,27365.543.06$37,545
Aug 200908,63967.423.22$27,805
Jul 20091908,48761.133.46$41,018
Jun 20091898,56166.163.90$45,849
May 200919121254.743.93$11,288
Apr 200908,76046.773.59$31,427
Mar 20093859,37342.144.06$54,269
Feb 20091958,63132.814.63$46,385
Jan 20091939,66635.865.37$58,837
Dec 20081939,69937.105.98$65,133
Nov 20081999,41955.496.86$75,660
Oct 20081799,94275.246.92$82,286
Sep 20083659,760101.767.88$114,023
Aug 2008010,427114.228.48$88,452
Jul 200838310,496131.0811.39$169,747
Jun 200818410,344131.3313.03$158,974
May 200839910,827123.1711.57$174,460
Apr 200819810,748110.3110.45$134,210
Mar 200819011,337101.909.66$128,923
Feb 200818010,93692.538.77$112,570
Jan 200837012,29390.388.21$134,314
Dec 200739312,33588.337.30$124,783
Nov 200719211,38391.677.29$100,602
Oct 200737113,83782.856.92$126,517
Sep 200719013,49975.846.24$98,700
Aug 200734814,56969.066.39$117,099
Jul 200735215,54370.906.39$124,245
Jun 200738414,27962.007.55$131,592
May 200757214,98458.747.85$151,168
Apr 200756216,82259.617.81$164,800
Mar 200739117,48456.927.30$149,923
Feb 200759117,34955.108.22$175,103
Jan 200719418,20350.306.73$132,207
Dec 200675721,12956.656.92$189,064
Nov 200674428,43554.207.62$256,928
Oct 200677536,99554.906.01$265,028

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            17 bbl  × $106.41 =     $1,809
Gas                3,624 Mcf  × $  3.05 =    $11,038

────────────────────────────────────────────────────
Month total                                  $12,847

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/224752 is the state's own key, not one this site invented.