FLOYD RANCH

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 227831District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Dec 2006 – May 2026
Value, last 12 filed months
$202 k
at the published price for each month
Months reported
234
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
CondensateDisposition3,640 bbl$262,077
GasProduction866,940 Mcf$4,471,128
Total$4,733,205

Every month this lease reported (234)

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

234 months

May 202604,693106.413.05$14,294
Apr 202604,44398.932.87$12,750
Mar 202604,54889.753.15$14,324
Feb 202604,16063.503.75$15,601
Jan 202604,09459.138.00$32,743
Dec 202504,22856.664.41$18,660
Nov 202504,27758.593.93$16,793
Oct 202504,63059.383.30$15,301
Sep 2025904,33662.743.08$18,988
Aug 202504,54463.933.01$13,699
Jul 202504,51666.743.32$14,971
Jun 202504,39166.483.13$13,738
May 202504,65060.553.23$15,030
Apr 202504,64262.363.54$16,447
Mar 202504,85467.704.27$20,718
Feb 202504,34370.884.34$18,852
Jan 202504,88374.324.28$20,893
Dec 202405,05068.993.12$15,763
Nov 202404,80769.052.20$10,568
Oct 202405,09671.372.28$11,626
Sep 202405,02069.612.36$11,869
Aug 202404,63875.632.06$9,571
Jul 202401,92679.932.15$4,134
Jun 202402,48378.082.63$6,540
May 202402,32578.812.20$5,111
Apr 202402,08784.451.66$3,463
Mar 202402,48280.301.55$3,835
Feb 20241612,13776.091.78$16,062
Jan 202402,44473.023.30$8,059
Dec 202302,81171.262.61$7,339
Nov 202302,95977.892.81$8,308
Oct 202302,81485.443.09$8,688
Sep 202302,65089.042.74$7,248
Aug 202302,78780.522.67$7,449
Jul 202302,66774.852.64$7,046
Jun 202302,74468.962.26$6,197
May 202302,27670.622.23$5,070
Apr 20231842,25878.122.24$19,427
Mar 202302,41472.852.39$5,777
Feb 202302,00375.112.47$4,939
Jan 20231852,68176.533.39$23,241
Dec 202202,69776.415.73$15,451
Nov 202202,48785.005.65$14,042
Oct 202202,61987.185.86$15,357
Sep 202202,46784.888.16$20,140
Aug 202202,47194.529.13$22,553
Jul 202202,503101.587.54$18,878
Jun 202202,559115.097.98$20,414
May 20221872,729109.378.43$43,466
Apr 202202,622104.226.84$17,928
Mar 202202,721108.885.08$13,813
Feb 20221892,37191.054.86$28,729
Jan 202202,74081.844.54$12,433
Dec 202103,03471.323.90$11,830
Nov 202103,08777.435.24$16,166
Oct 20211863,14979.795.71$32,834
Sep 202102,74569.865.35$14,688
Aug 202102,99966.024.22$12,658
Jul 202103,66970.783.98$14,610
Jun 202103,97669.493.38$13,441
May 202102,83763.483.02$8,561
Apr 202103,38060.362.76$9,323
Mar 20210461.302.72$11
Feb 20210057.805.55$0
Jan 20210550.412.81$14
Dec 20200444.642.68$11
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200538.371.83$9
Jun 20201885634.901.69$6,656
May 20200216.921.81$4
Apr 202006614.751.80$119
Mar 20200030.341.86$0
Feb 20200149.881.98$2
Jan 202005557.252.09$115
Dec 2019142959.012.30$8,400
Nov 201905955.302.75$162
Oct 20190653.472.42$15
Sep 20190755.052.66$19
Aug 201902053.112.30$46
Jul 20190856.272.46$20
Jun 2019026852.782.49$668
May 2019632,14258.482.74$9,554
Apr 201902,57462.632.75$7,080
Mar 201903,20356.803.06$9,808
Feb 201931,89550.852.79$5,444
Jan 201903,10746.033.23$10,030
Dec 201802,82846.594.19$11,836
Nov 201802,90552.934.24$12,309
Oct 201801,88461.443.40$6,402
Sep 201802,92159.543.11$9,078
Aug 201802,15059.403.07$6,593
Jul 201802,44865.142.93$7,177
Jun 201802,22260.183.08$6,837
May 201801,05465.382.90$3,057
Apr 2018714,15163.842.90$16,574
Mar 201804,24661.222.79$11,833
Feb 201803,89061.782.77$10,760
Jan 201804,04462.874.01$16,214
Dec 201704,60557.272.92$13,454
Nov 201704,68555.423.12$14,610
Oct 20172624,88649.292.98$27,492
Sep 201704,89047.523.09$15,097
Aug 201704,69545.373.00$14,106
Jul 201704,67643.873.09$14,436
Jun 201704,73942.493.09$14,631
May 201704,88445.373.26$15,938
Apr 201704,41547.933.21$14,179
Mar 201704,83746.772.98$14,432
Feb 201703,38350.452.95$9,989
Jan 201701,11549.413.42$3,812
Dec 2016080148.763.72$2,982
Nov 201601,18542.492.64$3,134
Oct 2016051246.193.09$1,582
Sep 2016369141.553.10$2,267
Aug 2016078541.442.92$2,296
Jul 2016166541.622.92$1,986
Jun 2016177045.352.69$2,113
May 2016059142.521.99$1,177
Apr 2016080836.561.99$1,609
Mar 2016086133.011.79$1,545
Feb 2016069126.472.06$1,426
Jan 201601,08427.352.36$2,563
Dec 2015086132.362.00$1,723
Nov 201502,27738.792.17$4,935
Oct 201502,26243.552.43$5,489
Sep 201502,12742.992.76$5,867
Aug 201502,61140.162.87$7,500
Jul 201502,52448.152.95$7,433
Jun 20151992,55056.152.88$18,525
May 201533,14355.212.96$9,455
Apr 2015183,36649.822.71$10,007
Mar 201582,77642.892.93$8,490
Feb 2015181,91344.662.98$6,497
Jan 201522,88243.433.10$9,023
Dec 201423,31854.693.59$12,026
Nov 201403,44570.464.25$14,648
Oct 201434,00678.303.90$15,862
Sep 201433,92886.164.05$16,149
Aug 201433,63489.394.04$14,932
Jul 201423,77796.564.18$15,979
Jun 201413,66998.164.74$17,478
May 201413,98494.734.73$18,925
Apr 201413,77395.944.81$18,241
Mar 201404,11395.895.06$20,799
Feb 2014165,08497.406.19$33,039
Jan 201402,74890.404.86$13,357
Dec 201313,95091.824.35$17,292
Nov 201306,85888.853.74$25,637
Oct 201316,15797.423.78$23,367
Sep 201315,589104.113.72$20,883
Aug 201316,203104.253.52$21,955
Jul 201305,322102.523.72$19,786
Jun 201353094.403.93$5,003
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201201,20279.822.52$3,028
May 201203,34791.612.49$8,328
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20127098.092.73$687
Dec 20110096.873.24$0
Nov 2011011695.723.31$384
Oct 2011023184.983.65$843
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201105105.964.33$22
Mar 2011015196.364.06$613
Feb 2011076985.644.18$3,214
Jan 201104,50186.504.59$20,654
Dec 201002,58785.734.35$11,248
Nov 2010011180.843.80$421
Oct 2010028678.103.51$1,004
Sep 201003,08872.633.98$12,289
Aug 20101926,47873.684.42$42,775
Jul 201006,90872.554.74$32,720
Jun 201027,61170.364.91$37,514
May 201017,45571.124.24$31,645
Apr 201005,78081.694.12$23,829
Mar 2010058878.394.39$2,581
Feb 20100773.585.44$38
Jan 2010022074.365.96$1,312
Dec 200902,39771.445.48$13,145
Nov 200904,33574.593.75$16,263
Oct 200909,64672.544.11$39,647
Sep 200909,82665.543.06$30,114
Aug 200909,40067.423.22$30,254
Jul 2009010,12461.133.46$35,075
Jun 20091949,37466.163.90$49,347
May 2009010,67054.743.93$41,888
Apr 200908,88646.773.59$31,879
Mar 200903,45442.144.06$14,020
Feb 200904,69632.814.63$21,757
Jan 200906,00335.865.37$32,242
Dec 200806,41737.105.98$38,355
Nov 200805,43955.496.86$37,314
Oct 20082006,82075.246.92$62,256
Sep 200806,765101.767.88$53,289
Aug 200807,270114.228.48$61,672
Jul 200847,814131.0811.39$89,521
Jun 200807,561131.3313.03$98,540
May 200806,772123.1711.57$78,381
Apr 200808,685110.3110.45$90,800
Mar 200819612,197101.909.66$137,845
Feb 200877,70192.538.77$68,190
Jan 200889,66890.388.21$80,056
Dec 200718910,70888.337.30$94,884
Nov 2007612,30791.677.29$90,289
Oct 2007613,93082.856.92$96,920
Sep 2007614,18675.846.24$89,035
Aug 20071015,43869.066.39$99,308
Jul 2007015,27770.906.39$97,589
Jun 200707,02462.007.55$53,020
May 200717712,23658.747.85$106,404
Apr 200718225,61359.617.81$210,764
Mar 2007030,58756.927.30$223,345
Feb 2007029,53755.108.22$242,676
Jan 2007020,74050.306.73$139,515
Dec 20060056.656.92$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                4,693 Mcf  × $  3.05 =    $14,294

────────────────────────────────────────────────────
Month total                                  $14,294

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/227831 is the state's own key, not one this site invented.