PYRAMID ACRES UNIT NO. 4

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 227834District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.4 M
Jan 2007 – May 2026
Value, last 12 filed months
$116 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
CondensateDisposition24 bbl$1,862
GasProduction2,732,319 Mcf$13,393,615
Total$13,395,476

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 202604,041106.413.05$12,308
Apr 202604,17398.932.87$11,975
Mar 202604,35889.753.15$13,725
Feb 2026097063.503.75$3,638
Jan 20260759.138.00$56
Dec 202502,43556.664.41$10,747
Nov 20250158.593.93$4
Oct 202501,87059.383.30$6,180
Sep 202504,31162.743.08$13,265
Aug 202504,71263.933.01$14,206
Jul 202504,59066.743.32$15,217
Jun 202504,81166.483.13$15,052
May 202504,87260.553.23$15,748
Apr 202504,72062.363.54$16,724
Mar 202504,46767.704.27$19,067
Feb 202504,26370.884.34$18,505
Jan 202504,95674.324.28$21,205
Dec 202404,95668.993.12$15,470
Nov 202404,97469.052.20$10,935
Oct 202405,18471.372.28$11,827
Sep 202404,83169.612.36$11,422
Aug 202405,13675.632.06$10,599
Jul 202405,18279.932.15$11,124
Jun 202405,22578.082.63$13,763
May 202405,40078.812.20$11,872
Apr 202405,31184.451.66$8,812
Mar 202405,72480.301.55$8,844
Feb 202405,53876.091.78$9,878
Jan 202405,67273.023.30$18,704
Dec 202305,88771.262.61$15,369
Nov 202305,57077.892.81$15,638
Oct 202305,28585.443.09$16,316
Sep 202305,22889.042.74$14,299
Aug 202305,56580.522.67$14,875
Jul 202305,33674.852.64$14,097
Jun 202305,56968.962.26$12,577
May 202305,61370.622.23$12,502
Apr 202305,55778.122.24$12,435
Mar 202305,49172.852.39$13,141
Feb 202305,14575.112.47$12,686
Jan 202305,72676.533.39$19,398
Dec 202205,68276.415.73$32,553
Nov 202205,44085.005.65$30,715
Oct 202205,67287.185.86$33,259
Sep 202205,63084.888.16$45,962
Aug 202205,76694.529.13$52,627
Jul 202206,074101.587.54$45,811
Jun 202205,662115.097.98$45,167
May 202206,415109.378.43$54,098
Apr 202206,331104.226.84$43,289
Mar 202206,675108.885.08$33,885
Feb 202206,18291.054.86$30,037
Jan 202206,19481.844.54$28,106
Dec 202106,42671.323.90$25,056
Nov 202106,49677.435.24$34,019
Oct 202106,99879.795.71$39,986
Sep 202105,99069.865.35$32,052
Aug 202107,09366.024.22$29,937
Jul 202107,06470.783.98$28,129
Jun 202106,47469.493.38$21,886
May 202106,70363.483.02$20,227
Apr 202106,66560.362.76$18,385
Mar 202107,01961.302.72$19,070
Feb 202105,83857.805.55$32,389
Jan 202106,78850.412.81$19,076
Dec 202006,99144.642.68$18,704
Nov 202006,61338.772.71$17,899
Oct 202007,17936.972.48$17,793
Sep 202007,06237.091.99$14,061
Aug 202007,17939.982.39$17,123
Jul 202007,36238.371.83$13,437
Jun 202006,74434.901.69$11,399
May 202007,27016.921.81$13,193
Apr 202006,94214.751.80$12,526
Mar 202006,99030.341.86$12,975
Feb 202006,54449.881.98$12,962
Jan 202007,16257.252.09$15,003
Dec 201907,22959.012.30$16,658
Nov 201906,95155.302.75$19,120
Oct 201907,51553.472.42$18,175
Sep 201907,59955.052.66$20,193
Aug 201907,83753.112.30$18,059
Jul 201907,91256.272.46$19,464
Jun 201907,75352.782.49$19,314
May 201928,22958.482.74$22,667
Apr 201908,25962.632.75$22,718
Mar 201908,60356.803.06$26,343
Feb 201907,95350.852.79$22,207
Jan 201909,12346.033.23$29,451
Dec 2018110,51246.594.19$44,044
Nov 201804,90052.934.24$20,762
Oct 201813,38261.443.40$11,554
Sep 201809,19559.543.11$28,578
Aug 201808,73559.403.07$26,786
Jul 201808,39165.142.93$24,601
Jun 201808,27760.183.08$25,468
May 201808,61665.382.90$24,993
Apr 201808,43863.842.90$24,477
Mar 201808,99161.222.79$25,056
Feb 201808,32761.782.77$23,033
Jan 201809,33762.874.01$37,435
Dec 201709,12057.272.92$26,644
Nov 201708,35555.423.12$26,054
Oct 201708,62949.292.98$25,746
Sep 201708,34347.523.09$25,757
Aug 201709,01345.373.00$27,079
Jul 201709,20043.873.09$28,403
Jun 201709,12942.493.09$28,184
May 201709,63445.373.26$31,440
Apr 201709,92447.933.21$31,872
Mar 2017010,49446.772.98$31,311
Feb 201709,56850.452.95$28,250
Jan 2017010,32249.413.42$35,289
Dec 2016010,34548.763.72$38,513
Nov 2016010,19842.492.64$26,967
Oct 2016010,56846.193.09$32,658
Sep 2016010,91441.553.10$33,840
Aug 2016010,87041.442.92$31,788
Jul 2016011,76341.622.92$34,399
Jun 2016010,78045.352.69$28,953
May 201608,42742.521.99$16,778
Apr 201609,59336.561.99$19,100
Mar 201606,61233.011.79$11,862
Feb 201602,85326.472.06$5,888
Jan 201601,30127.352.36$3,076
Dec 2015011,28632.362.00$22,588
Nov 2015010,72538.792.17$23,245
Oct 2015011,25543.552.43$27,311
Sep 2015010,23342.992.76$28,227
Aug 2015010,31640.162.87$29,633
Jul 2015010,55948.152.95$31,097
Jun 2015011,35956.152.88$32,746
May 2015012,13055.212.96$35,850
Apr 2015012,41649.822.71$33,605
Mar 2015012,16242.892.93$35,692
Feb 2015010,91544.662.98$32,485
Jan 2015012,44543.433.10$38,587
Dec 2014012,92254.693.59$46,408
Nov 2014013,23570.464.25$56,273
Oct 2014012,85578.303.90$50,147
Sep 2014011,56786.164.05$46,794
Aug 2014011,91089.394.04$48,058
Jul 2014011,48896.564.18$48,015
Jun 201409,95498.164.74$47,151
May 2014010,32994.734.73$48,821
Apr 2014010,59195.944.81$50,933
Mar 2014011,49295.895.06$58,113
Feb 2014010,84697.406.19$67,158
Jan 2014011,75790.404.86$57,147
Dec 2013010,97891.824.35$47,803
Nov 2013011,37088.853.74$42,504
Oct 2013011,04597.423.78$41,743
Sep 2013010,253104.113.72$38,118
Aug 2013011,298104.253.52$39,798
Jul 2013011,658102.523.72$43,341
Jun 2013010,94494.403.93$43,047
May 2013010,22894.834.15$42,437
Apr 201309,21893.964.28$39,477
Mar 201309,94793.623.91$38,921
Feb 201308,61691.233.42$29,466
Jan 2013010,08291.603.42$34,480
Dec 2012011,20286.773.42$38,313
Nov 2012011,39186.953.62$41,292
Oct 2012011,43689.383.40$38,879
Sep 2012012,53794.672.92$36,588
Aug 2012012,90492.662.91$37,527
Jul 2012011,90285.133.02$35,954
Jun 2012012,38079.822.52$31,186
May 2012015,32191.612.49$38,124
Apr 2012014,803101.652.00$29,559
Mar 2012016,885105.052.22$37,520
Feb 2012012,639101.102.57$32,485
Jan 2012013,05298.092.73$35,685
Dec 2011010,96096.873.24$35,508
Nov 201108,35995.723.31$27,679
Oct 2011010,51084.983.65$38,346
Sep 2011014,00683.623.99$55,825
Aug 2011017,32683.404.15$71,891
Jul 2011011,77094.144.52$53,168
Jun 2011010,99492.904.64$51,011
May 2011012,79798.134.40$56,368
Apr 2011013,330105.964.33$57,763
Mar 2011014,23996.364.06$57,772
Feb 2011014,09585.644.18$58,917
Jan 2011014,74186.504.59$67,643
Dec 2010114,17185.734.35$61,698
Nov 2010013,93680.843.80$52,892
Oct 2010012,59078.103.51$44,177
Sep 2010012,68972.633.98$50,495
Aug 2010013,77073.684.42$60,855
Jul 2010014,57272.554.74$69,020
Jun 2010213,95570.364.91$68,665
May 2010012,62071.124.24$53,448
Apr 201007,79481.694.12$32,132
Mar 2010010,04778.394.39$44,093
Feb 201006,44973.585.44$35,098
Jan 201002,69674.365.96$16,079
Dec 2009011,93571.445.48$65,449
Nov 2009017,80674.593.75$66,799
Oct 2009019,47072.544.11$80,027
Sep 2009019,34365.543.06$59,281
Aug 2009020,02767.423.22$64,457
Jul 2009020,60261.133.46$71,376
Jun 2009020,06666.163.90$78,157
May 2009021,58954.743.93$84,753
Apr 2009021,14846.773.59$75,868
Mar 2009022,35942.144.06$90,755
Feb 2009020,17332.814.63$93,462
Jan 2009023,15235.865.37$124,349
Dec 2008020,49337.105.98$122,490
Nov 2008013,91355.496.86$95,448
Oct 200802,18675.246.92$15,131
Sep 200806,599101.767.88$51,981
Aug 2008028,270114.228.48$239,815
Jul 2008029,564131.0811.39$336,717
Jun 2008027,773131.3313.03$361,955
May 2008029,981123.1711.57$347,009
Apr 2008030,523110.3110.45$319,114
Mar 2008132,725101.909.66$316,359
Feb 2008332,81392.538.77$288,067
Jan 2008033,85990.388.21$277,838
Dec 2007036,10188.337.30$263,608
Nov 2007039,17791.677.29$285,667
Oct 20071141,44582.856.92$287,793
Sep 2007042,43475.846.24$264,965
Aug 2007046,22769.066.39$295,295
Jul 2007044,33270.906.39$283,190
Jun 2007052,84462.007.55$398,890
May 2007060,15658.747.85$472,001
Apr 2007262,38759.617.81$487,062
Mar 2007054,37456.927.30$397,037
Feb 2007049,22555.108.22$404,433
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                4,041 Mcf  × $  3.05 =    $12,308

────────────────────────────────────────────────────
Month total                                  $12,308

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/227834 is the state's own key, not one this site invented.