TEXASBANC

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 228278District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.0 M
Feb 2007 – May 2026
Value, last 12 filed months
$137 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
CondensateDisposition4,546 bbl$348,375
GasProduction800,154 Mcf$3,699,619
Total$4,047,994

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 20261422,504106.413.05$22,737
Apr 202602,70198.932.87$7,751
Mar 202603,24889.753.15$10,229
Feb 202603,18463.503.75$11,941
Jan 202603,03559.138.00$24,274
Dec 202504,08556.664.41$18,029
Nov 202502,84158.593.93$11,155
Oct 202501,45159.383.30$4,795
Sep 2025671,83062.743.08$9,834
Aug 202501,83863.933.01$5,541
Jul 202501,68666.743.32$5,589
Jun 202501,78566.483.13$5,585
May 20251951,84460.553.23$17,768
Apr 202501,99562.363.54$7,069
Mar 202502,08767.704.27$8,908
Feb 202504,13770.884.34$17,958
Jan 202503,61574.324.28$15,467
Dec 202403,11568.993.12$9,723
Nov 202402,77369.052.20$6,096
Oct 202403,32471.372.28$7,583
Sep 20240069.612.36$0
Aug 202401,45275.632.06$2,996
Jul 202401,46979.932.15$3,153
Jun 2024089378.082.63$2,352
May 202401,88478.812.20$4,142
Apr 202402,06084.451.66$3,418
Mar 202402,24280.301.55$3,464
Feb 202401,75176.091.78$3,123
Jan 202401,90973.023.30$6,295
Dec 202301,93871.262.61$5,060
Nov 202301,90677.892.81$5,351
Oct 202301,94485.443.09$6,002
Sep 202301,87889.042.74$5,136
Aug 202302,04880.522.67$5,474
Jul 202302,04974.852.64$5,413
Jun 202301,98368.962.26$4,479
May 202301,95570.622.23$4,355
Apr 202302,07878.122.24$4,650
Mar 202302,04772.852.39$4,899
Feb 202301,65575.112.47$4,081
Jan 202301,96976.533.39$6,670
Dec 202201,96976.415.73$11,281
Nov 202201,81385.005.65$10,237
Oct 202202,03087.185.86$11,903
Sep 202201,95284.888.16$15,936
Aug 202201,95394.529.13$17,825
Jul 202201,882101.587.54$14,194
Jun 202201,876115.097.98$14,965
May 202202,060109.378.43$17,372
Apr 202201,842104.226.84$12,595
Mar 202202,109108.885.08$10,706
Feb 202201,87291.054.86$9,096
Jan 202202,16581.844.54$9,824
Dec 202102,30071.323.90$8,968
Nov 202102,23777.435.24$11,715
Oct 202102,36379.795.71$13,502
Sep 202102,10469.865.35$11,258
Aug 202102,26066.024.22$9,539
Jul 202102,13070.783.98$8,482
Jun 202102,19769.493.38$7,427
May 202102,20463.483.02$6,651
Apr 202102,23960.362.76$6,176
Mar 202102,54461.302.72$6,912
Feb 202101,72657.805.55$9,576
Jan 20211892,36750.412.81$16,179
Dec 202002,28344.642.68$6,108
Nov 202002,29638.772.71$6,214
Oct 202002,34036.972.48$5,800
Sep 202002,34337.091.99$4,665
Aug 202002,45539.982.39$5,855
Jul 202002,50838.371.83$4,577
Jun 202002,50834.901.69$4,239
May 202002,53716.921.81$4,604
Apr 202002,52314.751.80$4,552
Mar 202002,25730.341.86$4,190
Feb 202002,42649.881.98$4,805
Jan 202001,90357.252.09$3,986
Dec 201902,66259.012.30$6,134
Nov 201902,22255.302.75$6,112
Oct 201902,38053.472.42$5,756
Sep 201902,44555.052.66$6,497
Aug 201902,66153.112.30$6,132
Jul 201902,42056.272.46$5,953
Jun 20191091,66352.782.49$9,896
May 201902,34858.482.74$6,434
Apr 201902,36562.632.75$6,505
Mar 201902,31956.803.06$7,101
Feb 201932,18050.852.79$6,240
Jan 201902,57246.033.23$8,303
Dec 201802,55046.594.19$10,673
Nov 201802,60952.934.24$11,055
Oct 201802,64761.443.40$8,995
Sep 201801,82259.543.11$5,663
Aug 201801,88959.403.07$5,793
Jul 201801,31765.142.93$3,861
Jun 201801,66160.183.08$5,111
May 201802,33465.382.90$6,770
Apr 201802,59063.842.90$7,513
Mar 20181632,72061.222.79$17,559
Feb 201802,49861.782.77$6,910
Jan 201802,57462.874.01$10,320
Dec 201702,74357.272.92$8,014
Nov 201702,70255.423.12$8,426
Oct 201702,86049.292.98$8,533
Sep 201702,82847.523.09$8,731
Aug 201702,56845.373.00$7,715
Jul 201702,65243.873.09$8,187
Jun 201702,89942.493.09$8,950
May 201702,62545.373.26$8,566
Apr 201702,62047.933.21$8,414
Mar 20171883,13246.772.98$18,138
Feb 201702,42450.452.95$7,157
Jan 201702,43349.413.42$8,318
Dec 201602,39248.763.72$8,905
Nov 201602,62842.492.64$6,949
Oct 201602,61546.193.09$8,081
Sep 201602,62741.553.10$8,145
Aug 201602,72541.442.92$7,969
Jul 201602,81041.622.92$8,217
Jun 201602,73045.352.69$7,332
May 201602,89042.521.99$5,754
Apr 201603,05036.561.99$6,073
Mar 201602,62033.011.79$4,700
Feb 201602,64226.472.06$5,452
Jan 201602,92227.352.36$6,909
Dec 201502,71932.362.00$5,442
Nov 201502,55038.792.17$5,527
Oct 201503,01143.552.43$7,306
Sep 201502,89442.992.76$7,983
Aug 2015113,10740.162.87$9,367
Jul 201503,14348.152.95$9,256
Jun 201523,33256.152.88$9,718
May 20151983,31455.212.96$20,726
Apr 201573,43349.822.71$9,640
Mar 201524,12142.892.93$12,180
Feb 2015123,36644.662.98$10,554
Jan 201503,78543.433.10$11,736
Dec 201413,61554.693.59$13,037
Nov 201403,30370.464.25$14,044
Oct 201423,30078.303.90$13,030
Sep 201413,20386.164.05$13,044
Aug 201403,03989.394.04$12,263
Jul 201413,52396.564.18$14,821
Jun 201403,28998.164.74$15,580
May 201413,32394.734.73$15,801
Apr 201403,10495.944.81$14,928
Mar 201402,83395.895.06$14,326
Feb 201402,83397.406.19$17,542
Jan 20141954,97390.404.86$41,800
Dec 201303,90691.824.35$17,009
Nov 201303,19588.853.74$11,944
Oct 201303,41197.423.78$12,891
Sep 201303,178104.113.72$11,815
Aug 201303,307104.253.52$11,649
Jul 201303,400102.523.72$12,640
Jun 201302,50194.403.93$9,837
May 201303,14694.834.15$13,053
Apr 20131962,97293.964.28$31,144
Mar 201302,95693.623.91$11,566
Feb 201302,70391.233.42$9,244
Jan 201303,25891.603.42$11,142
Dec 201204,09486.773.42$14,002
Nov 201203,58186.953.62$12,981
Oct 201203,39089.383.40$11,525
Sep 201203,31694.672.92$9,677
Aug 201203,85592.662.91$11,211
Jul 20121923,93285.133.02$28,223
Jun 201203,71679.822.52$9,361
May 201208,01991.612.49$19,954
Apr 201204,961101.652.00$9,906
Mar 201204,233105.052.22$9,406
Feb 201203,666101.102.57$9,423
Jan 201203,44498.092.73$9,416
Dec 201103,87996.873.24$12,567
Nov 201103,87895.723.31$12,841
Oct 201104,31584.983.65$15,743
Sep 20111933,92083.623.99$31,763
Aug 201103,68483.404.15$15,286
Jul 201104,97694.144.52$22,478
Jun 201103,35092.904.64$15,544
May 201103,43898.134.40$15,144
Apr 201103,484105.964.33$15,097
Mar 201104,63396.364.06$18,798
Feb 201102,40885.644.18$10,065
Jan 20111993,72786.504.59$34,316
Dec 201003,21885.734.35$13,991
Nov 201004,06180.843.80$15,413
Oct 201003,95778.103.51$13,885
Sep 201003,92572.633.98$15,619
Aug 201004,13173.684.42$18,256
Jul 201004,07672.554.74$19,306
Jun 201003,98770.364.91$19,578
May 201004,35271.124.24$18,432
Apr 20101814,28781.694.12$32,460
Mar 201003,77078.394.39$16,545
Feb 201004,41173.585.44$24,006
Jan 20101965,12274.365.96$45,123
Dec 200903,51371.445.48$19,264
Nov 200904,24874.593.75$15,936
Oct 200904,60672.544.11$18,932
Sep 200904,70565.543.06$14,420
Aug 200904,83467.423.22$15,558
Jul 200905,61161.133.46$19,439
Jun 20091985,25466.163.90$33,564
May 200905,77454.743.93$22,667
Apr 200905,60946.773.59$20,122
Mar 200905,39542.144.06$21,898
Feb 20091975,36832.814.63$31,334
Jan 200906,18835.865.37$33,236
Dec 200806,08337.105.98$36,359
Nov 200805,97655.496.86$40,998
Oct 200836,21275.246.92$43,225
Sep 200806,704101.767.88$52,808
Aug 200807,115114.228.48$60,357
Jul 20081836,279131.0811.39$95,502
Jun 200807,029131.3313.03$91,606
May 20081967,444123.1711.57$110,300
Apr 200878,606110.3110.45$90,747
Mar 200808,497101.909.66$82,116
Feb 200847,66792.538.77$67,614
Jan 20083638,45690.388.21$102,196
Dec 200728,63488.337.30$63,222
Nov 20071888,69091.677.29$80,599
Oct 2007411,12082.856.92$77,304
Sep 2007611,55775.846.24$72,619
Aug 200718911,27069.066.39$85,044
Jul 200707,57670.906.39$48,395
Jun 20071785,53762.007.55$52,832
May 200707,86858.747.85$61,735
Apr 200718211,34059.617.81$99,360
Mar 2007017,36956.927.30$126,828
Feb 2007043255.108.22$3,549

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           142 bbl  × $106.41 =    $15,110
Gas                2,504 Mcf  × $  3.05 =     $7,627

────────────────────────────────────────────────────
Month total                                  $22,737

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/228278 is the state's own key, not one this site invented.