CLASSIC OAKS UNIT

Operated by BKV BARNETT II, LLC (P-5 103758) 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 227829District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.1 M
Jan 2007 – May 2026
Value, last 12 filed months
$139 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
CondensateDisposition47 bbl$4,019
GasProduction2,258,204 Mcf$11,056,527
Total$11,060,546

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 202603,688106.413.05$11,233
Apr 202603,34298.932.87$9,591
Mar 202603,89989.753.15$12,280
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202504,35556.664.41$19,220
Nov 202504,05858.593.93$15,933
Oct 202504,28659.383.30$14,165
Sep 202504,37562.743.08$13,462
Aug 202504,75063.933.01$14,320
Jul 202504,56366.743.32$15,127
Jun 202504,47066.483.13$13,985
May 202504,84260.553.23$15,651
Apr 202504,91262.363.54$17,404
Mar 202505,29067.704.27$22,579
Feb 202503,84270.884.34$16,678
Jan 202504,94274.324.28$21,145
Dec 202405,04468.993.12$15,744
Nov 202404,94469.052.20$10,869
Oct 202405,20171.372.28$11,866
Sep 202404,90269.612.36$11,590
Aug 202405,17775.632.06$10,683
Jul 202405,15279.932.15$11,059
Jun 202405,16678.082.63$13,607
May 202405,13378.812.20$11,285
Apr 202405,04384.451.66$8,367
Mar 202405,26480.301.55$8,134
Feb 202405,00876.091.78$8,932
Jan 202405,33173.023.30$17,580
Dec 202305,31671.262.61$13,879
Nov 202305,28177.892.81$14,827
Oct 202305,46785.443.09$16,878
Sep 202305,37189.042.74$14,690
Aug 202305,31680.522.67$14,209
Jul 202305,09874.852.64$13,468
Jun 202305,37568.962.26$12,139
May 202305,62070.622.23$12,518
Apr 202305,45078.122.24$12,196
Mar 202305,15972.852.39$12,346
Feb 202305,00275.112.47$12,333
Jan 202305,90776.533.39$20,011
Dec 202205,78276.415.73$33,126
Nov 202205,28585.005.65$29,840
Oct 202205,90887.185.86$34,643
Sep 202205,62284.888.16$45,896
Aug 202206,20594.529.13$56,634
Jul 202206,186101.587.54$46,655
Jun 202205,071115.097.98$40,452
May 202205,595109.378.43$47,183
Apr 202205,579104.226.84$38,147
Mar 202205,916108.885.08$30,032
Feb 202204,90091.054.86$23,808
Jan 202205,42781.844.54$24,626
Dec 202105,41871.323.90$21,125
Nov 202105,22277.435.24$27,347
Oct 202105,53479.795.71$31,621
Sep 202105,31669.865.35$28,445
Aug 202105,77666.024.22$24,378
Jul 202105,57670.783.98$22,204
Jun 202105,54769.493.38$18,752
May 202104,97063.483.02$14,998
Apr 202104,88060.362.76$13,461
Mar 202105,46061.302.72$14,834
Feb 202104,10757.805.55$22,785
Jan 202105,30550.412.81$14,908
Dec 202005,28644.642.68$14,142
Nov 202005,52338.772.71$14,948
Oct 202005,77836.972.48$14,320
Sep 202005,70837.091.99$11,365
Aug 202005,95139.982.39$14,194
Jul 202005,89038.371.83$10,750
Jun 202005,58434.901.69$9,439
May 202005,76416.921.81$10,460
Apr 202005,72614.751.80$10,332
Mar 202005,77930.341.86$10,727
Feb 202005,46849.881.98$10,830
Jan 202006,11757.252.09$12,814
Dec 201906,27559.012.30$14,460
Nov 201905,99355.302.75$16,485
Oct 201905,99453.472.42$14,497
Sep 201905,82155.052.66$15,468
Aug 201906,07553.112.30$13,999
Jul 201906,36056.272.46$15,646
Jun 201906,69852.782.49$16,686
May 201906,97058.482.74$19,100
Apr 201905,93362.632.75$16,320
Mar 201906,49356.803.06$19,882
Feb 201904,84950.852.79$13,539
Jan 201906,33546.033.23$20,451
Dec 201805,72046.594.19$23,941
Nov 201805,63552.934.24$23,877
Oct 201805,99461.443.40$20,368
Sep 201805,99259.543.11$18,623
Aug 201805,76959.403.07$17,691
Jul 201806,11765.142.93$17,934
Jun 201806,32360.183.08$19,455
May 201806,65565.382.90$19,305
Apr 201806,06963.842.90$17,605
Mar 201806,72861.222.79$18,750
Feb 201806,04361.782.77$16,716
Jan 201807,02862.874.01$28,178
Dec 201706,16957.272.92$18,023
Nov 201705,96655.423.12$18,604
Oct 201706,47049.292.98$19,304
Sep 201706,02847.523.09$18,610
Aug 201706,70045.373.00$20,129
Jul 201706,41843.873.09$19,814
Jun 201706,42942.493.09$19,848
May 201706,56345.373.26$21,418
Apr 201706,40147.933.21$20,557
Mar 201707,66246.772.98$22,861
Feb 201707,07250.452.95$20,881
Jan 201706,98649.413.42$23,884
Dec 201606,98548.763.72$26,004
Nov 201607,32042.492.64$19,357
Oct 201607,72746.193.09$23,878
Sep 201607,63041.553.10$23,658
Aug 201608,16541.442.92$23,877
Jul 201608,46541.622.92$24,755
Jun 201607,55045.352.69$20,278
May 201607,81142.521.99$15,552
Apr 201607,86336.561.99$15,656
Mar 201608,02933.011.79$14,404
Feb 201607,57526.472.06$15,632
Jan 201608,32027.352.36$19,671
Dec 201508,28632.362.00$16,584
Nov 201507,99038.792.17$17,317
Oct 201508,20843.552.43$19,917
Sep 201508,12742.992.76$22,418
Aug 201508,30840.162.87$23,865
Jul 201508,19848.152.95$24,144
Jun 201507,83156.152.88$22,576
May 201508,39055.212.96$24,796
Apr 201508,25749.822.71$22,348
Mar 201508,31742.892.93$24,408
Feb 201507,86544.662.98$23,408
Jan 201509,18843.433.10$28,489
Dec 201409,23454.693.59$33,163
Nov 201408,45470.464.25$35,945
Oct 201409,06678.303.90$35,366
Sep 201408,68486.164.05$35,131
Aug 201409,22989.394.04$37,240
Jul 201408,96096.564.18$37,449
Jun 201408,97898.164.74$42,528
May 201409,33594.734.73$44,122
Apr 201409,35595.944.81$44,989
Mar 201409,56995.895.06$48,389
Feb 201408,78497.406.19$54,391
Jan 2014010,02390.404.86$48,719
Dec 201309,85391.824.35$42,905
Nov 201309,80388.853.74$36,646
Oct 2013010,41597.423.78$39,362
Sep 201308,893104.113.72$33,062
Aug 2013010,672104.253.52$37,593
Jul 2013011,447102.523.72$42,557
Jun 2013010,54794.403.93$41,486
May 2013010,71894.834.15$44,470
Apr 2013011,58393.964.28$49,605
Mar 2013011,64393.623.91$45,558
Feb 2013010,66791.233.42$36,480
Jan 2013011,88491.603.42$40,642
Dec 2012013,29586.773.42$45,471
Nov 201207,21286.953.62$26,143
Oct 201204,24789.383.40$14,438
Sep 201203,92994.672.92$11,466
Aug 201207,32792.662.91$21,308
Jul 201209,56885.133.02$28,903
Jun 201203,73879.822.52$9,416
May 201204,76591.612.49$11,857
Apr 201207,728101.652.00$15,431
Mar 201208,128105.052.22$18,061
Feb 201208,042101.102.57$20,670
Jan 201209,37698.092.73$25,635
Dec 2011010,28496.873.24$33,317
Nov 201109,91795.723.31$32,838
Oct 2011010,24384.983.65$37,372
Sep 2011010,13683.623.99$40,400
Aug 2011010,57183.404.15$43,862
Jul 201109,64094.144.52$43,546
Jun 2011010,27192.904.64$47,656
May 2011011,61798.134.40$51,171
Apr 2011010,554105.964.33$45,733
Mar 2011011,59596.364.06$47,045
Feb 2011010,92285.644.18$45,654
Jan 2011011,45086.504.59$52,542
Dec 2010011,10685.734.35$48,286
Nov 2010011,28480.843.80$42,827
Oct 2010011,51578.103.51$40,405
Sep 2010010,97272.633.98$43,663
Aug 2010012,27473.684.42$54,243
Jul 2010013,48172.554.74$63,853
Jun 2010012,35470.364.91$60,663
May 2010013,31671.124.24$56,396
Apr 2010010,79981.694.12$44,521
Mar 2010010,27178.394.39$45,076
Feb 201008,66373.585.44$47,147
Jan 201009,11774.365.96$54,375
Dec 200908,92271.445.48$48,926
Nov 200908,83074.593.75$33,126
Oct 2009011,11772.544.11$45,694
Sep 2009013,94565.543.06$42,738
Aug 2009014,08767.423.22$45,339
Jul 2009014,83761.133.46$51,403
Jun 2009015,73966.163.90$61,303
May 2009013,56354.743.93$53,245
Apr 2009016,30746.773.59$58,501
Mar 2009017,16042.144.06$69,652
Feb 2009016,26032.814.63$75,333
Jan 2009018,84235.865.37$101,200
Dec 2008019,00637.105.98$113,602
Nov 2008019,85455.496.86$136,206
Oct 2008420,86575.246.92$144,728
Sep 2008020,797101.767.88$163,820
Aug 2008015,565114.228.48$132,038
Jul 2008418,022131.0811.39$205,785
Jun 2008018,158131.3313.03$236,647
May 2008021,178123.1711.57$245,120
Apr 2008021,564110.3110.45$225,449
Mar 2008022,802101.909.66$220,360
Feb 2008724,24592.538.77$213,290
Jan 2008026,31490.388.21$215,926
Dec 2007435,34588.337.30$258,441
Nov 2007637,55691.677.29$274,397
Oct 2007632,67582.856.92$226,673
Sep 2007635,50575.846.24$222,154
Aug 20071042,97369.066.39$275,200
Jul 2007052,74070.906.39$336,900
Jun 2007045,85962.007.55$346,164
May 2007054,71358.747.85$429,294
Apr 2007064,90859.617.81$506,620
Mar 2007040,80856.927.30$297,979
Feb 20070055.108.22$0
Jan 20070050.306.73$0

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                3,688 Mcf  × $  3.05 =    $11,233

────────────────────────────────────────────────────
Month total                                  $11,233

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/227829 is the state's own key, not one this site invented.