CUTWING PARACHUTE CADDIS

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 227184District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Feb 2007 – May 2026
Value, last 12 filed months
$133 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
CondensateDisposition1,837 bbl$126,574
GasProduction1,576,203 Mcf$7,654,269
Total$7,780,843

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 202603,315106.413.05$10,097
Apr 202603,30998.932.87$9,496
Mar 202603,07989.753.15$9,697
Feb 202602,46663.503.75$9,248
Jan 202602,54159.138.00$20,323
Dec 202502,27256.664.41$10,027
Nov 202503,45758.593.93$13,574
Oct 202503,73659.383.30$12,347
Sep 202503,49662.743.08$10,757
Aug 202503,72363.933.01$11,224
Jul 202502,82066.743.32$9,349
Jun 202502,18466.483.13$6,833
May 202503,24660.553.23$10,492
Apr 202503,06662.363.54$10,863
Mar 202503,09567.704.27$13,210
Feb 202502,94570.884.34$12,784
Jan 202532,92174.324.28$12,721
Dec 202403,21868.993.12$10,045
Nov 202403,37469.052.20$7,418
Oct 202403,22371.372.28$7,353
Sep 202403,98669.612.36$9,424
Aug 202402,75275.632.06$5,679
Jul 202404,23279.932.15$9,084
Jun 202403,69878.082.63$9,740
May 202403,61978.812.20$7,956
Apr 202403,33584.451.66$5,533
Mar 202443,00280.301.55$4,960
Feb 202402,64476.091.78$4,716
Jan 2024343,95973.023.30$15,538
Dec 202303,82471.262.61$9,983
Nov 202303,25377.892.81$9,133
Oct 202303,33785.443.09$10,302
Sep 202303,64389.042.74$9,964
Aug 202303,94080.522.67$10,531
Jul 202302,22074.852.64$5,865
Jun 202303,93068.962.26$8,876
May 202302,70570.622.23$6,025
Apr 202323,61378.122.24$8,241
Mar 202303,97772.852.39$9,518
Feb 202313,85675.112.47$9,583
Jan 202303,35476.533.39$11,362
Dec 202202,97076.415.73$17,015
Nov 202204,75785.005.65$26,859
Oct 202204,68187.185.86$27,448
Sep 202203,82284.888.16$31,202
Aug 2022053394.529.13$4,865
Jul 202202,501101.587.54$18,863
Jun 202203,139115.097.98$25,040
May 202204,173109.378.43$35,191
Apr 202203,704104.226.84$25,326
Mar 202204,153108.885.08$21,082
Feb 202211,10491.054.86$5,455
Jan 2022092781.844.54$4,206
Dec 202112,84071.323.90$11,145
Nov 202101,88777.435.24$9,882
Oct 202102,34379.795.71$13,388
Sep 2021088569.865.35$4,736
Aug 202102,93866.024.22$12,400
Jul 202102,85870.783.98$11,381
Jun 20211523,00869.493.38$20,731
May 202102,50563.483.02$7,559
Apr 202104,35060.362.76$11,999
Mar 2021235,40561.302.72$16,095
Feb 202101,77757.805.55$9,859
Jan 202104,70750.412.81$13,228
Dec 202004,87544.642.68$13,043
Nov 202004,38138.772.71$11,857
Oct 202004,79536.972.48$11,884
Sep 202004,70437.091.99$9,366
Aug 202004,74739.982.39$11,322
Jul 202005,18438.371.83$9,461
Jun 202004,78434.901.69$8,086
May 202005,21816.921.81$9,469
Apr 202004,70714.751.80$8,493
Mar 202004,55130.341.86$8,448
Feb 202004,26549.881.98$8,448
Jan 202004,62857.252.09$9,694
Dec 201904,24359.012.30$9,777
Nov 201904,07255.302.75$11,201
Oct 20191854,52753.472.42$20,841
Sep 201914,51955.052.66$12,063
Aug 201904,69053.112.30$10,807
Jul 201904,41156.272.46$10,851
Jun 201904,50252.782.49$11,215
May 201905,00458.482.74$13,713
Apr 201904,91162.632.75$13,509
Mar 201905,16856.803.06$15,825
Feb 201904,65650.852.79$13,001
Jan 201904,99546.033.23$16,125
Dec 201805,32446.594.19$22,283
Nov 201805,01152.934.24$21,233
Oct 201805,79461.443.40$19,688
Sep 201804,81759.543.11$14,971
Aug 201804,94759.403.07$15,170
Jul 201805,29265.142.93$15,516
Jun 201804,74360.183.08$14,594
May 201805,53665.382.90$16,059
Apr 201803,75663.842.90$10,895
Mar 201804,67561.222.79$13,028
Feb 201805,63561.782.77$15,587
Jan 201806,39762.874.01$25,648
Dec 201704,69357.272.92$13,711
Nov 201704,18155.423.12$13,038
Oct 201704,68249.292.98$13,970
Sep 201703,84247.523.09$11,861
Aug 201704,24745.373.00$12,760
Jul 201704,29043.873.09$13,244
Jun 201704,50242.493.09$13,899
May 201704,68545.373.26$15,289
Apr 201704,64747.933.21$14,924
Mar 201704,84646.772.98$14,459
Feb 201704,43450.452.95$13,092
Jan 201704,80549.413.42$16,427
Dec 201604,81748.763.72$17,933
Nov 201604,60442.492.64$12,175
Oct 201604,74146.193.09$14,651
Sep 201604,54141.553.10$14,080
Aug 201604,90541.442.92$14,344
Jul 201604,87641.622.92$14,259
Jun 201605,01545.352.69$13,469
May 201605,15342.521.99$10,260
Apr 201605,08636.561.99$10,126
Mar 201605,06833.011.79$9,092
Feb 201604,88926.472.06$10,089
Jan 201605,12927.352.36$12,127
Dec 201505,33132.362.00$10,670
Nov 201505,33638.792.17$11,565
Oct 201505,34143.552.43$12,960
Sep 201515,25542.992.76$14,538
Aug 201505,48640.162.87$15,758
Jul 201505,11948.152.95$15,076
Jun 201505,10056.152.88$14,703
May 2015835,34055.212.96$20,365
Apr 2015515,72949.822.71$18,047
Mar 201515,74042.892.93$16,888
Feb 201505,36744.662.98$15,973
Jan 201505,68643.433.10$17,630
Dec 201406,41254.693.59$23,028
Nov 201405,23570.464.25$22,258
Oct 201405,40478.303.90$21,081
Sep 201405,73286.164.05$23,188
Aug 201405,94889.394.04$24,001
Jul 201406,42696.564.18$26,858
Jun 201406,17798.164.74$29,260
May 201406,27494.734.73$29,654
Apr 20141865,90995.944.81$46,262
Mar 201406,10095.895.06$30,846
Feb 201406,19397.406.19$38,347
Jan 201406,58390.404.86$31,998
Dec 201306,95191.824.35$30,268
Nov 201304,73288.853.74$17,690
Oct 201305,98297.423.78$22,608
Sep 201305,597104.113.72$20,808
Aug 201306,323104.253.52$22,273
Jul 201306,315102.523.72$23,478
Jun 201306,25494.403.93$24,600
May 201306,61994.834.15$27,463
Apr 201306,00293.964.28$25,704
Mar 201306,38993.623.91$24,999
Feb 201305,60891.233.42$19,179
Jan 201306,06491.603.42$20,738
Dec 201206,29386.773.42$21,523
Nov 201206,65886.953.62$24,135
Oct 201206,63989.383.40$22,570
Sep 201206,66294.672.92$19,442
Aug 201206,27692.662.91$18,252
Jul 201207,26485.133.02$21,943
Jun 201207,37979.822.52$18,588
May 201207,26891.612.49$18,085
Apr 201207,344101.652.00$14,665
Mar 201208,053105.052.22$17,894
Feb 201207,254101.102.57$18,645
Jan 201207,27598.092.73$19,890
Dec 201107,39096.873.24$23,942
Nov 201107,90095.723.31$26,159
Oct 201108,05184.983.65$29,374
Sep 201107,58383.623.99$30,224
Aug 201107,68983.404.15$31,904
Jul 201108,10494.144.52$36,608
Jun 201107,37992.904.64$34,238
May 201108,47198.134.40$37,313
Apr 201108,213105.964.33$35,589
Mar 201108,68396.364.06$35,230
Feb 201107,23385.644.18$30,234
Jan 201108,93786.504.59$41,010
Dec 201007,87385.734.35$34,230
Nov 20101868,20680.843.80$46,181
Oct 201009,27278.103.51$32,534
Sep 201007,99372.633.98$31,808
Aug 201007,14973.684.42$31,594
Jul 201008,76072.554.74$41,492
Jun 201008,54570.364.91$41,959
May 201009,61971.124.24$40,739
Apr 201009,10281.694.12$37,525
Mar 201009,38978.394.39$41,205
Feb 2010010,82873.585.44$58,930
Jan 201009,57674.365.96$57,112
Dec 200907,35571.445.48$40,333
Nov 200909,61374.593.75$36,063
Oct 2009010,27572.544.11$42,233
Sep 200909,96765.543.06$30,546
Aug 200917210,51867.423.22$45,448
Jul 2009010,74661.133.46$37,230
Jun 2009010,64866.163.90$41,474
May 2009010,97954.743.93$43,101
Apr 2009011,38446.773.59$40,840
Mar 2009012,09642.144.06$49,098
Feb 2009010,83232.814.63$50,185
Jan 200918012,07835.865.37$71,326
Dec 2008012,51937.105.98$74,828
Nov 2008012,12055.496.86$83,148
Oct 2008012,85975.246.92$89,010
Sep 2008012,636101.767.88$99,535
Aug 2008013,748114.228.48$116,625
Jul 2008013,854131.0811.39$157,789
Jun 2008014,251131.3313.03$185,728
May 2008014,605123.1711.57$169,043
Apr 200818115,169110.3110.45$178,556
Mar 2008016,100101.909.66$155,592
Feb 2008015,65092.538.77$137,260
Jan 2008017,30290.388.21$141,976
Dec 2007018,13288.337.30$132,399
Nov 2007618,34791.677.29$134,331
Oct 2007020,01282.856.92$138,523
Sep 2007020,45975.846.24$127,749
Aug 2007022,34969.066.39$142,764
Jul 2007023,49570.906.39$150,085
Jun 200715223,59962.007.55$187,560
May 2007027,30658.747.85$214,251
Apr 20071329,38359.617.81$230,115
Mar 200720136,59156.927.30$278,627
Feb 20071749,38355.108.22$406,667

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                3,315 Mcf  × $  3.05 =    $10,097

────────────────────────────────────────────────────
Month total                                  $10,097

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/227184 is the state's own key, not one this site invented.