CUTWING PARACHUTE EMERGER

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 227180District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.0 M
Feb 2007 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
232
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
CondensateDisposition2,953 bbl$211,352
GasProduction1,660,149 Mcf$7,830,759
Total$8,042,111

Every month this lease reported (232)

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

232 months

May 202604,855106.413.05$14,788
Apr 202604,45998.932.87$12,796
Mar 202604,01289.753.15$12,636
Feb 202604,11363.503.75$15,425
Jan 202601,91159.138.00$15,284
Dec 202504,47256.664.41$19,737
Nov 202504,59358.593.93$18,034
Oct 202505,34559.383.30$17,664
Sep 202505,41962.743.08$16,674
Aug 202506,06763.933.01$18,291
Jul 202506,43466.743.32$21,330
Jun 202505,65966.483.13$17,705
May 202506,27160.553.23$20,270
Apr 202506,12562.363.54$21,702
Mar 202545,27567.704.27$22,786
Feb 202545,63370.884.34$24,735
Jan 2025225,93674.324.28$27,033
Dec 202446,17368.993.12$19,544
Nov 2024265,08069.052.20$12,963
Oct 202406,23871.372.28$14,231
Sep 202406,05969.612.36$14,326
Aug 202436,49875.632.06$13,636
Jul 202406,51279.932.15$13,979
Jun 202405,81078.082.63$15,303
May 202406,31978.812.20$13,892
Apr 2024027684.451.66$458
Mar 202432080.301.55$2,570
Feb 20240076.091.78$0
Jan 2024821,10573.023.30$9,632
Dec 202306,18171.262.61$16,137
Nov 202336,29277.892.81$17,899
Oct 202334,76285.443.09$14,958
Sep 202326,65589.042.74$18,380
Aug 202325,64580.522.67$15,249
Jul 202324,57774.852.64$12,241
Jun 202304,16768.962.26$9,411
May 202303,37870.622.23$7,524
Apr 202335,52078.122.24$12,587
Mar 202364,82072.852.39$11,972
Feb 202303,75275.112.47$9,251
Jan 202325,23176.533.39$17,874
Dec 202215,85276.415.73$33,603
Nov 202206,64785.005.65$37,530
Oct 202206,20587.185.86$36,385
Sep 2022599184.888.16$8,515
Aug 202235,23094.529.13$48,019
Jul 202205,263101.587.54$39,694
Jun 202224,350115.097.98$34,931
May 202233,924109.378.43$33,419
Apr 202203,780104.226.84$25,846
Mar 202205,098108.885.08$25,879
Feb 202274,11991.054.86$20,651
Jan 202205,60481.844.54$25,429
Dec 202124,59771.323.90$18,067
Nov 202135,55677.435.24$29,328
Oct 202105,56679.795.71$31,803
Sep 202103,61669.865.35$19,349
Aug 202105,62566.024.22$23,741
Jul 202106,04270.783.98$24,060
Jun 2021335,94869.493.38$22,401
May 202105,61363.483.02$16,938
Apr 202146,26260.362.76$17,515
Mar 202109,63961.302.72$26,189
Feb 2021063657.805.55$3,529
Jan 20216050.412.81$302
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 20200439.982.39$10
Jul 202001438.371.83$26
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001,27514.751.80$2,301
Mar 202005,32130.341.86$9,877
Feb 202025,80349.881.98$11,594
Jan 202005,20957.252.09$10,912
Dec 201905,31959.012.30$12,257
Nov 201904,29155.302.75$11,803
Oct 201906,08653.472.42$14,719
Sep 201955,67855.052.66$15,363
Aug 201916,26353.112.30$14,485
Jul 201906,19156.272.46$15,230
Jun 201904,74252.782.49$11,813
May 201906,18258.482.74$16,941
Apr 201906,18262.632.75$17,005
Mar 20191916,27956.803.06$30,076
Feb 201905,20550.852.79$14,534
Jan 201905,34946.033.23$17,268
Dec 201805,36246.594.19$22,442
Nov 201804,89252.934.24$20,729
Oct 201805,13961.443.40$17,463
Sep 201804,42859.543.11$13,762
Aug 201863,79459.403.07$11,991
Jul 201803,62265.142.93$10,619
Jun 201855,34260.183.08$16,738
May 201805,75565.382.90$16,694
Apr 201805,69063.842.90$16,506
Mar 201875,08161.222.79$14,588
Feb 201805,61761.782.77$15,537
Jan 201805,97662.874.01$23,960
Dec 201705,51157.272.92$16,101
Nov 201705,61055.423.12$17,494
Oct 201705,95349.292.98$17,762
Sep 2017655,56347.523.09$20,263
Aug 201706,09045.373.00$18,297
Jul 201705,16043.873.09$15,930
Jun 201705,64242.493.09$17,418
May 201706,16645.373.26$20,122
Apr 201704,08347.933.21$13,113
Mar 201786,06446.772.98$18,467
Feb 201735,52850.452.95$16,473
Jan 201726,03249.413.42$20,721
Dec 201614,81948.763.72$17,989
Nov 201675,76142.492.64$15,532
Oct 201605,42946.193.09$16,777
Sep 201605,34541.553.10$16,573
Aug 201605,51741.442.92$16,134
Jul 201605,74241.622.92$16,792
Jun 201606,07445.352.69$16,314
May 201606,46442.521.99$12,870
Apr 201606,00936.561.99$11,964
Mar 20161396,03633.011.79$15,417
Feb 201605,48226.472.06$11,313
Jan 201616,84227.352.36$16,204
Dec 201536,70132.362.00$13,509
Nov 201526,93538.792.17$15,108
Oct 201506,98843.552.43$16,957
Sep 201517,38642.992.76$20,417
Aug 2015857,16240.162.87$23,986
Jul 201517,06948.152.95$20,867
Jun 201506,74756.152.88$19,451
May 201516,85355.212.96$20,309
Apr 201557,47749.822.71$20,486
Mar 201517,25342.892.93$21,328
Feb 20151697,16844.662.98$28,881
Jan 201507,23943.433.10$22,445
Dec 201407,92954.693.59$28,476
Nov 201407,83370.464.25$33,305
Oct 201408,14878.303.90$31,785
Sep 201408,27186.164.05$33,460
Aug 20141528,65489.394.04$48,507
Jul 201408,12596.564.18$33,959
Jun 201408,40498.164.74$39,809
May 201408,97894.734.73$42,435
Apr 201408,34895.944.81$40,147
Mar 201408,62095.895.06$43,590
Feb 201407,35697.406.19$45,548
Jan 20141908,63590.404.86$59,148
Dec 201308,50991.824.35$37,052
Nov 201307,71188.853.74$28,826
Oct 201308,92397.423.78$33,723
Sep 201308,590104.113.72$31,935
Aug 201308,984104.253.52$31,647
Jul 201309,165102.523.72$34,073
Jun 201308,40994.403.93$33,076
May 201309,05994.834.15$37,587
Apr 20131918,78693.964.28$55,573
Mar 201308,59793.623.91$33,639
Feb 201308,67191.233.42$29,654
Jan 201309,19291.603.42$31,436
Dec 201209,00186.773.42$30,785
Nov 2012010,14986.953.62$36,790
Oct 201208,67789.383.40$29,499
Sep 201208,53894.672.92$24,917
Aug 201209,06892.662.91$26,371
Jul 201209,00885.133.02$27,211
Jun 201208,54879.822.52$21,533
May 20121809,26791.612.49$39,549
Apr 2012010,064101.652.00$20,096
Mar 201209,878105.052.22$21,950
Feb 201209,373101.102.57$24,091
Jan 2012010,05698.092.73$27,494
Dec 201112210,25596.873.24$45,042
Nov 2011010,39995.723.31$34,434
Oct 201109,50584.983.65$34,679
Sep 2011010,15983.623.99$40,492
Aug 2011010,53783.404.15$43,721
Jul 2011010,44994.144.52$47,201
Jun 2011010,97892.904.64$50,937
May 2011011,80498.134.40$51,995
Apr 2011012,170105.964.33$52,736
Mar 2011012,08996.364.06$49,049
Feb 201138,75685.644.18$36,857
Jan 2011112,83286.504.59$58,970
Dec 2010413,00785.734.35$56,894
Nov 2010412,92780.843.80$49,386
Oct 2010213,01978.103.51$45,838
Sep 201018212,79972.633.98$64,152
Aug 201036273.684.42$495
Jul 201032,21772.554.74$10,718
Jun 201042,17970.364.91$10,981
May 201001,74971.124.24$7,407
Apr 201001,08581.694.12$4,473
Mar 201002,66278.394.39$11,683
Feb 20101873,01873.585.44$30,185
Jan 2010167474.365.96$4,094
Dec 200903,45171.445.48$18,924
Nov 20091842,40074.593.75$22,728
Oct 200902,34172.544.11$9,622
Sep 200902,96065.543.06$9,072
Aug 200902,80867.423.22$9,038
Jul 200903,71461.133.46$12,867
Jun 20091704,30766.163.90$28,023
May 200901,70854.743.93$6,705
Apr 200984,17046.773.59$15,334
Mar 20091834,53542.144.06$26,119
Feb 200937,84132.814.63$36,426
Jan 200909,45535.865.37$50,783
Dec 200836,74637.105.98$40,433
Nov 200814,58955.496.86$31,538
Oct 200809,39975.246.92$65,060
Sep 200809,622101.767.88$75,793
Aug 2008019,645114.228.48$166,649
Jul 2008017,875131.0811.39$203,586
Jun 2008016,670131.3313.03$217,254
May 2008018,330123.1711.57$212,157
Apr 200815220,412110.3110.45$230,172
Mar 2008020,156101.909.66$194,789
Feb 2008017,57692.538.77$154,152
Jan 2008016,62490.388.21$136,412
Dec 2007323,02888.337.30$168,415
Nov 2007622,06191.677.29$161,412
Oct 2007122,98982.856.92$159,212
Sep 2007021,53075.846.24$134,437
Aug 2007023,89869.066.39$152,659
Jul 2007018,26170.906.39$116,650
Jun 2007025,54062.007.55$192,787
May 200736,74658.747.85$53,107
Apr 20071628,76359.617.81$225,455
Mar 20071141,07056.927.30$300,518
Feb 200706,28955.108.22$51,670

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                4,855 Mcf  × $  3.05 =    $14,788

────────────────────────────────────────────────────
Month total                                  $14,788

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/227180 is the state's own key, not one this site invented.