FREDDIE 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 226197District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.1 M
Jan 2007 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
233
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
CondensateDisposition10 bbl$562
GasProduction1,966,271 Mcf$10,122,703
Total$10,123,265

Every month this lease reported (233)

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

233 months

May 202603,427106.413.05$10,438
Apr 202603,95198.932.87$11,338
Mar 202603,69889.753.15$11,647
Feb 202604,45863.503.75$16,719
Jan 202601,90459.138.00$15,228
Dec 202501,24556.664.41$5,495
Nov 202501,86758.593.93$7,331
Oct 202501,58159.383.30$5,225
Sep 202503,47562.743.08$10,692
Aug 202503,35363.933.01$10,108
Jul 202503,15766.743.32$10,466
Jun 202503,86066.483.13$12,077
May 202503,26660.553.23$10,557
Apr 202501,89462.363.54$6,711
Mar 202502,38367.704.27$10,171
Feb 202502,47370.884.34$10,735
Jan 202503,10974.324.28$13,302
Dec 202402,51168.993.12$7,838
Nov 202403,35569.052.20$7,376
Oct 202403,61371.372.28$8,243
Sep 202402,90669.612.36$6,871
Aug 202403,50075.632.06$7,223
Jul 202403,56579.932.15$7,653
Jun 202403,52678.082.63$9,287
May 202403,85678.812.20$8,477
Apr 202403,01184.451.66$4,996
Mar 202403,42780.301.55$5,295
Feb 202402,76576.091.78$4,932
Jan 202403,24973.023.30$10,714
Dec 202302,83671.262.61$7,404
Nov 202301,62477.892.81$4,559
Oct 202303,12685.443.09$9,651
Sep 202302,23489.042.74$6,110
Aug 202303,75680.522.67$10,039
Jul 202302,50874.852.64$6,626
Jun 202303,86868.962.26$8,736
May 202304,22070.622.23$9,400
Apr 2023039478.122.24$882
Mar 202301,83572.852.39$4,391
Feb 2023060275.112.47$1,484
Jan 202301,91876.533.39$6,498
Dec 202201,86776.415.73$10,696
Nov 202201,94885.005.65$10,999
Oct 202203,52987.185.86$20,693
Sep 202202,91584.888.16$23,797
Aug 202203,62894.529.13$33,113
Jul 202204,765101.587.54$35,938
Jun 202203,433115.097.98$27,386
May 202204,016109.378.43$33,867
Apr 202204,503104.226.84$30,790
Mar 202204,839108.885.08$24,565
Feb 202203,23791.054.86$15,728
Jan 202203,77381.844.54$17,121
Dec 202104,93971.323.90$19,258
Nov 202104,77777.435.24$25,016
Oct 202104,98779.795.71$28,495
Sep 202105,04769.865.35$27,006
Aug 202105,19366.024.22$21,918
Jul 202105,43570.783.98$21,643
Jun 202104,47069.493.38$15,111
May 202107,93163.483.02$23,933
Apr 202105,58860.362.76$15,414
Mar 202104,26861.302.72$11,596
Feb 202102,58057.805.55$14,314
Jan 202105,24350.412.81$14,734
Dec 202004,52444.642.68$12,104
Nov 202004,19338.772.71$11,349
Oct 202004,94936.972.48$12,266
Sep 202005,39637.091.99$10,744
Aug 202005,52939.982.39$13,187
Jul 202005,75938.371.83$10,511
Jun 202004,88234.901.69$8,252
May 202005,14116.921.81$9,330
Apr 202004,96714.751.80$8,962
Mar 202004,84830.341.86$8,999
Feb 202004,78349.881.98$9,474
Jan 202005,51457.252.09$11,550
Dec 201905,45459.012.30$12,568
Nov 201905,46355.302.75$15,027
Oct 201906,05153.472.42$14,635
Sep 201905,89255.052.66$15,657
Aug 201905,13853.112.30$11,840
Jul 201906,71356.272.46$16,514
Jun 201905,44752.782.49$13,570
May 201905,23158.482.74$14,335
Apr 201905,77662.632.75$15,888
Mar 201906,07656.803.06$18,605
Feb 201904,84750.852.79$13,534
Jan 201906,25846.033.23$20,202
Dec 201806,30546.594.19$26,389
Nov 201806,16452.934.24$26,118
Oct 201806,72061.443.40$22,835
Sep 201806,21959.543.11$19,329
Aug 201804,93159.403.07$15,121
Jul 201805,77965.142.93$16,943
Jun 201806,48660.183.08$19,957
May 201807,17265.382.90$20,805
Apr 201806,97563.842.90$20,233
Mar 201806,86361.222.79$19,126
Feb 201806,02261.782.77$16,658
Jan 201807,64562.874.01$30,651
Dec 201708,23257.272.92$24,050
Nov 201709,12555.423.12$28,455
Oct 201709,10949.292.98$27,178
Sep 201707,29047.523.09$22,506
Aug 201708,22245.373.00$24,702
Jul 201709,94443.873.09$30,700
Jun 2017010,21642.493.09$31,540
May 2017011,39145.373.26$37,173
Apr 2017011,26947.933.21$36,192
Mar 2017012,05146.772.98$35,956
Feb 2017011,57050.452.95$34,162
Jan 201707,98249.413.42$27,289
Dec 201606,96948.763.72$25,944
Nov 201605,46542.492.64$14,451
Oct 201606,81346.193.09$21,054
Sep 201608,14441.553.10$25,252
Aug 201608,35341.442.92$24,427
Jul 201606,23141.622.92$18,222
Jun 201605,83645.352.69$15,675
May 2016054342.521.99$1,081
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160926.472.06$19
Jan 201601,69227.352.36$4,001
Dec 201505,96732.362.00$11,942
Nov 201507,28238.792.17$15,783
Oct 201504,67543.552.43$11,344
Sep 201502,28342.992.76$6,297
Aug 201509,12540.162.87$26,211
Jul 201507,97548.152.95$23,487
Jun 201502,51556.152.88$7,250
May 201509,76955.212.96$28,872
Apr 201507,58149.822.71$20,519
Mar 201507,59642.892.93$22,292
Feb 201505,43544.662.98$16,176
Jan 201509,84643.433.10$30,529
Dec 201408,72854.693.59$31,345
Nov 201408,57270.464.25$36,447
Oct 201403,26578.303.90$12,737
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140394.734.73$14
Apr 20140095.944.81$0
Mar 201402,53695.895.06$12,824
Feb 201402,43597.406.19$15,078
Jan 201404,16890.404.86$20,259
Dec 201302,90491.824.35$12,645
Nov 201303,90188.853.74$14,583
Oct 201307,84697.423.78$29,653
Sep 201305,806104.113.72$21,585
Aug 201306,516104.253.52$22,953
Jul 201303,113102.523.72$11,573
Jun 201304,54094.403.93$17,858
May 201306,77294.834.15$28,098
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201306,92091.233.42$23,666
Jan 201307,44491.603.42$25,458
Dec 201207,30686.773.42$24,988
Nov 201207,93786.953.62$28,771
Oct 201208,79189.383.40$29,887
Sep 201208,61094.672.92$25,127
Aug 201206,96892.662.91$20,264
Jul 201207,02485.133.02$21,218
Jun 201207,13879.822.52$17,981
May 201209,83991.612.49$24,483
Apr 201207,573101.652.00$15,122
Mar 201207,134105.052.22$15,852
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201101,09696.873.24$3,551
Nov 201109,78695.723.31$32,404
Oct 201109,94884.983.65$36,296
Sep 2011014,51083.623.99$57,834
Aug 2011014,14083.404.15$58,671
Jul 2011014,69194.144.52$66,363
Jun 201108,00992.904.64$37,161
May 201108,09698.134.40$35,661
Apr 201107,943105.964.33$34,419
Mar 20110096.364.06$0
Feb 201101,00685.644.18$4,205
Jan 201104,62686.504.59$21,228
Dec 201008,76085.734.35$38,086
Nov 201004,28380.843.80$16,255
Oct 20100078.103.51$0
Sep 201007,43472.633.98$29,583
Aug 2010010,44073.684.42$46,138
Jul 2010011,11072.554.74$52,622
Jun 201009,25770.364.91$45,456
May 2010016,68971.124.24$70,682
Apr 201009,11381.694.12$37,570
Mar 201005,75778.394.39$25,266
Feb 2010014,60073.585.44$79,458
Jan 2010016,16374.365.96$96,398
Dec 2009017,67071.445.48$96,898
Nov 2009012,38974.593.75$46,477
Oct 2009013,25272.544.11$54,469
Sep 2009013,33465.543.06$40,865
Aug 2009015,16267.423.22$48,799
Jul 2009015,73861.133.46$54,524
Jun 2009015,83466.163.90$61,673
May 2009017,38254.743.93$68,237
Apr 2009017,79246.773.59$63,829
Mar 2009021,00242.144.06$85,247
Feb 2009019,80632.814.63$91,761
Jan 2009014,79135.865.37$79,442
Dec 2008021,65437.105.98$129,429
Nov 2008024,46855.496.86$167,859
Oct 200801775.246.92$118
Sep 2008014,059101.767.88$110,744
Aug 2008013,287114.228.48$112,714
Jul 200803131.0811.39$34
Jun 2008016,652131.3313.03$217,019
May 2008025,130123.1711.57$290,862
Apr 2008010,097110.3110.45$105,563
Mar 2008021,648101.909.66$209,208
Feb 2008027,46692.538.77$240,893
Jan 2008035,16690.388.21$288,563
Dec 200704,04488.337.30$29,529
Nov 2007027,04891.677.29$197,226
Oct 2007034,47582.856.92$238,635
Sep 2007035,16475.846.24$219,570
Aug 2007037,98569.066.39$242,646
Jul 2007045,61870.906.39$291,405
Jun 2007047,02062.007.55$354,928
May 2007056,03058.747.85$439,627
Apr 2007265,02859.617.81$507,676
Mar 2007175,74356.927.30$553,130
Feb 2007787,59555.108.22$720,066
Jan 200702,64250.306.73$17,772

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                3,427 Mcf  × $  3.05 =    $10,438

────────────────────────────────────────────────────
Month total                                  $10,438

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/226197 is the state's own key, not one this site invented.