MITX LTD

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 226987District 09Field 65280200GasSaveExport
Value, all time
$10.3 M
Jan 2007 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
233
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
GasProduction2,057,658 Mcf$10,284,659
Total$10,284,659

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 20265,337106.413.05$16,256
Apr 20262,52398.932.87$7,240
Mar 2026089.753.15$0
Feb 20262,36863.503.75$8,881
Jan 20262,75459.138.00$22,026
Dec 20253,02056.664.41$13,328
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 202343189.042.74$1,179
Aug 202346780.522.67$1,248
Jul 20233,69474.852.64$9,759
Jun 20232,56868.962.26$5,800
May 20234,45270.622.23$9,916
Apr 20234,76378.122.24$10,658
Mar 20234,88572.852.39$11,691
Feb 20234,47475.112.47$11,031
Jan 20235,40276.533.39$18,300
Dec 20223,69576.415.73$21,169
Nov 20224,83485.005.65$27,294
Oct 20225,09787.185.86$29,888
Sep 20225,43384.888.16$44,353
Aug 20225,54094.529.13$50,564
Jul 20225,658101.587.54$42,673
Jun 20225,525115.097.98$44,074
May 20224,800109.378.43$40,479
Apr 20223,722104.226.84$25,450
Mar 20224,786108.885.08$24,296
Feb 20223,73591.054.86$18,148
Jan 20224,82881.844.54$21,908
Dec 20215,37171.323.90$20,942
Nov 20215,17377.435.24$27,090
Oct 20215,76979.795.71$32,963
Sep 20215,58069.865.35$29,858
Aug 20215,67566.024.22$23,952
Jul 20215,99470.783.98$23,869
Jun 20215,77969.493.38$19,537
May 20215,99863.483.02$18,100
Apr 20215,96060.362.76$16,440
Mar 20216,45561.302.72$17,538
Feb 20214,88757.805.55$27,113
Jan 20216,00850.412.81$16,884
Dec 20206,44744.642.68$17,249
Nov 20206,28238.772.71$17,003
Oct 20206,29936.972.48$15,612
Sep 20205,98937.091.99$11,924
Aug 20206,27739.982.39$14,971
Jul 20206,36638.371.83$11,619
Jun 20206,20634.901.69$10,490
May 20206,32716.921.81$11,482
Apr 20205,88714.751.80$10,622
Mar 20206,43230.341.86$11,939
Feb 20206,09549.881.98$12,072
Jan 20206,23557.252.09$13,061
Dec 20196,51759.012.30$15,018
Nov 20196,36655.302.75$17,511
Oct 20196,37253.472.42$15,411
Sep 20195,97255.052.66$15,869
Aug 20196,65953.112.30$15,345
Jul 20196,77756.272.46$16,672
Jun 20196,59752.782.49$16,434
May 20196,58158.482.74$18,034
Apr 20196,07562.632.75$16,711
Mar 20196,65056.803.06$20,363
Feb 20196,37850.852.79$17,809
Jan 20197,10746.033.23$22,943
Dec 20187,10546.594.19$29,738
Nov 20186,96252.934.24$29,500
Oct 20186,55861.443.40$22,285
Sep 20186,78959.543.11$21,100
Aug 20187,54759.403.07$23,143
Jul 20187,28665.142.93$21,362
Jun 20186,85060.183.08$21,077
May 20186,70965.382.90$19,461
Apr 20186,51163.842.90$18,887
Mar 20187,15761.222.79$19,945
Feb 20186,85861.782.77$18,970
Jan 20187,62162.874.01$30,555
Dec 20177,35357.272.92$21,482
Nov 20177,01555.423.12$21,875
Oct 20178,23349.292.98$24,565
Sep 20177,83247.523.09$24,180
Aug 20178,48145.373.00$25,480
Jul 20177,73143.873.09$23,868
Jun 20178,49842.493.09$26,236
May 20178,94445.373.26$29,188
Apr 20179,13647.933.21$29,341
Mar 20179,94346.772.98$29,667
Feb 20177,69650.452.95$22,723
Jan 20177,71249.413.42$26,366
Dec 20168,26948.763.72$30,784
Nov 20169,19142.492.64$24,304
Oct 20167,60046.193.09$23,486
Sep 20167,90041.553.10$24,495
Aug 20166,52841.442.92$19,090
Jul 20166,82541.622.92$19,959
Jun 20168,16245.352.69$21,922
May 20168,17842.521.99$16,283
Apr 20167,80236.561.99$15,534
Mar 20168,68933.011.79$15,588
Feb 20167,55626.472.06$15,593
Jan 20169,18627.352.36$21,719
Dec 20158,93532.362.00$17,883
Nov 20158,80538.792.17$19,083
Oct 20158,83443.552.43$21,436
Sep 20158,80242.992.76$24,280
Aug 20158,23240.162.87$23,646
Jul 20158,15148.152.95$24,005
Jun 20159,76456.152.88$28,148
May 20159,51155.212.96$28,109
Apr 20159,42249.822.71$25,501
Mar 20159,79442.892.93$28,743
Feb 20159,00144.662.98$26,789
Jan 20159,13643.433.10$28,327
Dec 20148,83454.693.59$31,726
Nov 20148,91170.464.25$37,888
Oct 20149,28678.303.90$36,224
Sep 20148,73986.164.05$35,353
Aug 20147,12189.394.04$28,734
Jul 20148,77396.564.18$36,668
Jun 20148,82198.164.74$41,784
May 201410,06294.734.73$47,559
Apr 20149,07995.944.81$43,662
Mar 20148,36695.895.06$42,305
Feb 20148,57597.406.19$53,096
Jan 20148,52790.404.86$41,447
Dec 20139,08791.824.35$39,569
Nov 20138,90988.853.74$33,304
Oct 20139,67397.423.78$36,558
Sep 20138,141104.113.72$30,266
Aug 201310,164104.253.52$35,804
Jul 20133,956102.523.72$14,707
Jun 20136,12894.403.93$24,104
May 20137,94094.834.15$32,944
Apr 20138,06993.964.28$34,556
Mar 201310,69193.623.91$41,832
Feb 20137,77091.233.42$26,573
Jan 20132,50391.603.42$8,560
Dec 20124,66386.773.42$15,948
Nov 20128,43686.953.62$30,580
Oct 20128,84189.383.40$30,057
Sep 20129,10694.672.92$26,575
Aug 20129,72992.662.91$28,293
Jul 20128,46285.133.02$25,562
Jun 20128,82979.822.52$22,241
May 201210,62191.612.49$26,428
Apr 201212,038101.652.00$24,037
Mar 201211,296105.052.22$25,101
Feb 201210,548101.102.57$27,111
Jan 201210,82098.092.73$29,583
Dec 201111,43596.873.24$37,046
Nov 201111,35095.723.31$37,583
Oct 201113,27584.983.65$48,434
Sep 20119,54883.623.99$38,056
Aug 20117,45583.404.15$30,933
Jul 20118,28794.144.52$37,434
Jun 20119,78492.904.64$45,397
May 201110,84998.134.40$47,788
Apr 201111,414105.964.33$49,460
Mar 201112,50996.364.06$50,753
Feb 20117,84085.644.18$32,771
Jan 201111,12486.504.59$51,046
Dec 201010,56385.734.35$45,925
Nov 201013,19180.843.80$50,064
Oct 201014,42778.103.51$50,623
Sep 201013,68572.633.98$54,459
Aug 201013,93573.684.42$61,584
Jul 201016,04172.554.74$75,978
Jun 201014,36570.364.91$70,538
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 20101,79878.394.39$7,891
Feb 201010,97073.585.44$59,703
Jan 201010,79274.365.96$64,364
Dec 20097,69971.445.48$42,219
Nov 200910,81474.593.75$40,569
Oct 20091,87472.544.11$7,703
Sep 20093,35065.543.06$10,267
Aug 20097,61067.423.22$24,493
Jul 200914,02461.133.46$48,586
Jun 200910,62466.163.90$41,380
May 200912,27454.743.93$48,185
Apr 200913,57346.773.59$48,693
Mar 200915,15142.144.06$61,498
Feb 200914,43532.814.63$66,877
Jan 200917,16635.865.37$92,199
Dec 200818,11637.105.98$108,282
Nov 200817,53955.496.86$120,324
Oct 200818,59875.246.92$128,735
Sep 200817,878101.767.88$140,827
Aug 200817,919114.228.48$152,007
Jul 200819,910131.0811.39$226,764
Jun 200820,289131.3313.03$264,419
May 200820,902123.1711.57$241,926
Apr 200821,618110.3110.45$226,013
Mar 200823,455101.909.66$226,671
Feb 200822,94692.538.77$201,250
Jan 200826,54590.388.21$217,821
Dec 200726,23488.337.30$191,560
Nov 200726,86891.677.29$195,913
Oct 200730,32382.856.92$209,895
Sep 200730,99075.846.24$193,507
Aug 200733,89769.066.39$216,532
Jul 200737,10770.906.39$237,037
Jun 200738,23062.007.55$288,577
May 200743,95758.747.85$344,899
Apr 200749,69159.617.81$387,848
Mar 200759,72156.927.30$436,081
Feb 200731,94055.108.22$262,419
Jan 20075,10750.306.73$34,354

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                5,337 Mcf  × $  3.05 =    $16,256

────────────────────────────────────────────────────
Month total                                  $16,256

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/226987 is the state's own key, not one this site invented.