WINSTON

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 228298District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.8 M
Nov 2006 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
235
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
CondensateDisposition7,652 bbl$599,366
GasProduction2,211,234 Mcf$11,179,884
Total$11,779,250

Every month this lease reported (235)

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

235 months

May 202602,249106.413.05$6,850
Apr 202651,95398.932.87$6,099
Mar 202602,44789.753.15$7,707
Feb 202602,34163.503.75$8,780
Jan 202602,37859.138.00$19,019
Dec 202542,30456.664.41$10,395
Nov 202502,18958.593.93$8,595
Oct 202502,21559.383.30$7,320
Sep 202542,15762.743.08$6,888
Aug 202502,08663.933.01$6,289
Jul 202502,79766.743.32$9,273
Jun 202503,50766.483.13$10,972
May 202503,51960.553.23$11,375
Apr 202503,18662.363.54$11,288
Mar 202503,06167.704.27$13,065
Feb 202533,13370.884.34$13,812
Jan 202543,60974.324.28$15,739
Dec 202402,78768.993.12$8,699
Nov 202403,31669.052.20$7,290
Oct 202404,07071.372.28$9,285
Sep 202403,78769.612.36$8,954
Aug 202403,51375.632.06$7,250
Jul 202403,87379.932.15$8,314
Jun 202405,23378.082.63$13,784
May 202444,04078.812.20$9,197
Apr 202404,08384.451.66$6,775
Mar 202434,23280.301.55$6,780
Feb 202403,92876.091.78$7,006
Jan 202404,27873.023.30$14,107
Dec 202343,97471.262.61$10,660
Nov 202303,89577.892.81$10,935
Oct 202304,71485.443.09$14,553
Sep 202304,09389.042.74$11,195
Aug 202304,67880.522.67$12,504
Jul 202304,75074.852.64$12,549
Jun 202304,62668.962.26$10,448
May 202334,60870.622.23$10,476
Apr 202304,73378.122.24$10,591
Mar 202304,89472.852.39$11,712
Feb 202334,43775.112.47$11,166
Jan 202304,91576.533.39$16,651
Dec 202234,76676.415.73$27,534
Nov 202204,70985.005.65$26,588
Oct 202205,02687.185.86$29,471
Sep 202204,82484.888.16$39,382
Aug 202204,96094.529.13$45,271
Jul 202205,042101.587.54$38,027
Jun 202204,917115.097.98$39,224
May 202205,173109.378.43$43,624
Apr 202235,033104.226.84$34,726
Mar 202234,994108.885.08$25,678
Feb 202204,59291.054.86$22,312
Jan 202204,99981.844.54$22,684
Dec 202105,12671.323.90$19,987
Nov 202105,05977.435.24$26,493
Oct 202105,24279.795.71$29,952
Sep 202105,09069.865.35$27,236
Aug 202105,21266.024.22$21,998
Jul 202105,25170.783.98$20,910
Jun 202105,14769.493.38$17,400
May 202105,35563.483.02$16,160
Apr 202105,22660.362.76$14,416
Mar 202135,48361.302.72$15,081
Feb 202135,06057.805.55$28,246
Jan 202105,50650.412.81$15,473
Dec 202005,44544.642.68$14,568
Nov 202005,31238.772.71$14,377
Oct 202005,43136.972.48$13,460
Sep 202005,24837.091.99$10,449
Aug 202005,49039.982.39$13,094
Jul 202005,54038.371.83$10,111
Jun 202005,41534.901.69$9,153
May 202005,67916.921.81$10,306
Apr 202035,56614.751.80$10,087
Mar 202005,68930.341.86$10,560
Feb 202075,32149.881.98$10,888
Jan 202075,72657.252.09$12,395
Dec 201905,66359.012.30$13,050
Nov 201965,52255.302.75$15,521
Oct 201905,62853.472.42$13,612
Sep 201905,63155.052.66$14,963
Aug 201905,85453.112.30$13,490
Jul 201905,83956.272.46$14,364
Jun 201955,41352.782.49$13,749
May 2019106,06158.482.74$17,194
Apr 2019115,94462.632.75$17,039
Mar 201906,22356.803.06$19,055
Feb 201905,24750.852.79$14,651
Jan 201906,14546.033.23$19,837
Dec 2018106,15246.594.19$26,215
Nov 201805,93852.934.24$25,161
Oct 201896,31361.443.40$22,005
Sep 201806,00659.543.11$18,667
Aug 201806,34359.403.07$19,451
Jul 201896,11565.142.93$18,515
Jun 201806,04160.183.08$18,588
May 201806,31765.382.90$18,324
Apr 201806,27263.842.90$18,194
Mar 2018126,32461.222.79$18,359
Feb 201805,50361.782.77$15,222
Jan 201803,60662.874.01$14,458
Dec 201703,04257.272.92$8,887
Nov 201702,98055.423.12$9,293
Oct 201716,47049.292.98$19,354
Sep 201706,09947.523.09$18,829
Aug 201706,10845.373.00$18,351
Jul 201706,26643.873.09$19,345
Jun 201716,12842.493.09$18,961
May 201706,40845.373.26$20,912
Apr 201706,24347.933.21$20,050
Mar 201766,26646.772.98$18,976
Feb 201705,40550.452.95$15,959
Jan 201707,11249.413.42$24,315
Dec 201606,36148.763.72$23,681
Nov 201605,65642.492.64$14,956
Oct 201605,97546.193.09$18,464
Sep 2016010,67941.553.10$33,112
Aug 201606,09441.442.92$17,821
Jul 201606,18641.622.92$18,090
Jun 201636,33745.352.69$17,156
May 201626,78642.521.99$13,596
Apr 201616,43836.561.99$12,855
Mar 201606,57833.011.79$11,801
Feb 201604,43426.472.06$9,150
Jan 201604,90327.352.36$11,592
Dec 201506,22632.362.00$12,461
Nov 201505,53138.792.17$11,988
Oct 201507,26843.552.43$17,636
Sep 201507,24042.992.76$19,971
Aug 201507,79740.162.87$22,397
Jul 201507,48348.152.95$22,038
Jun 201507,53856.152.88$21,731
May 201507,47855.212.96$22,101
Apr 201507,18649.822.71$19,449
Mar 201507,69442.892.93$22,580
Feb 201507,04044.662.98$20,952
Jan 201507,52443.433.10$23,329
Dec 201408,01654.693.59$28,788
Nov 201407,92870.464.25$33,709
Oct 201408,32078.303.90$32,456
Sep 201408,12186.164.05$32,853
Aug 201408,39489.394.04$33,871
Jul 201408,25796.564.18$34,511
Jun 201408,09398.164.74$38,336
May 201408,73694.734.73$41,291
Apr 201407,10495.944.81$34,164
Mar 201407,88695.895.06$39,878
Feb 201406,33597.406.19$39,226
Jan 201407,82290.404.86$38,021
Dec 201307,75991.824.35$33,786
Nov 201308,52888.853.74$31,880
Oct 201308,94397.423.78$33,799
Sep 201308,362104.113.72$31,088
Aug 201308,388104.253.52$29,548
Jul 201309,159102.523.72$34,051
Jun 201308,18694.403.93$32,199
May 201308,04294.834.15$33,367
Apr 201306,45893.964.28$27,657
Mar 201308,00293.623.91$31,311
Feb 201308,59391.233.42$29,387
Jan 2013010,78291.603.42$36,873
Dec 201205,19686.773.42$17,771
Nov 201209,75786.953.62$35,369
Oct 2012010,57689.383.40$35,955
Sep 201209,97494.672.92$29,108
Aug 2012010,14192.662.91$29,492
Jul 2012010,10185.133.02$30,513
Jun 201209,17079.822.52$23,100
May 201209,00191.612.49$22,397
Apr 201208,388101.652.00$16,749
Mar 201208,910105.052.22$19,799
Feb 201288,193101.102.57$21,867
Jan 2012178,82598.092.73$25,796
Dec 2011338,68096.873.24$31,318
Nov 2011167,62395.723.31$26,773
Oct 201106,39084.983.65$23,314
Sep 2011116983.623.99$9,736
Aug 201101883.404.15$75
Jul 201104,30694.144.52$19,451
Jun 201117212,86992.904.64$75,689
May 2011013,95798.134.40$61,478
Apr 201138113,793105.964.33$100,140
Mar 201119912,77196.364.06$70,992
Feb 20112029,04985.644.18$55,124
Jan 201119910,85886.504.59$67,038
Dec 201018211,49485.734.35$65,576
Nov 201018211,86880.843.80$59,756
Oct 2010012,71078.103.51$44,598
Sep 201019112,91472.633.98$65,263
Aug 201018213,27973.684.42$72,094
Jul 2010014,22072.554.74$67,353
Jun 201018213,31570.364.91$78,188
May 201018713,39071.124.24$70,009
Apr 201038013,24181.694.12$85,631
Mar 201019513,28778.394.39$73,598
Feb 201019712,89473.585.44$84,669
Jan 201047914,79974.365.96$123,881
Dec 200919014,79171.445.48$94,684
Nov 200936014,57974.593.75$81,546
Oct 20093016,26472.544.11$69,025
Sep 20095915,39865.543.06$51,058
Aug 20096116,37467.423.22$56,812
Jul 20093516,42661.133.46$59,047
Jun 20097316,09466.163.90$67,516
May 20097516,26854.743.93$67,970
Apr 200911115,44546.773.59$60,600
Mar 20093615,58342.144.06$64,768
Feb 2009013,12932.814.63$60,827
Jan 2009013,79635.865.37$74,098
Dec 2008011,86537.105.98$70,919
Nov 200807,66255.496.86$52,564
Oct 2008024,78675.246.92$171,568
Sep 20083717,751101.767.88$143,591
Aug 2008025,320114.228.48$214,790
Jul 20083525,227131.0811.39$291,909
Jun 20087822,941131.3313.03$309,225
May 20087622,390123.1711.57$268,509
Apr 200811519,334110.3110.45$214,820
Mar 20082514,982101.909.66$147,335
Feb 200803,04492.538.77$26,698
Jan 200817916,40590.388.21$150,793
Dec 200741531,22588.337.30$264,661
Nov 200719429,62891.677.29$233,822
Oct 200719134,00682.856.92$251,213
Sep 2007033,16175.846.24$207,063
Aug 200718326,12869.066.39$179,542
Jul 200716931,10970.906.39$210,705
Jun 2007035,33362.007.55$266,709
May 200714529,00058.747.85$236,059
Apr 200718831,73859.617.81$258,928
Mar 200734855,99456.927.30$428,675
Feb 200719654,85255.108.22$461,464
Jan 200719365,47050.306.73$450,115
Dec 2006090,25556.656.92$624,424
Nov 20060054.207.62$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                2,249 Mcf  × $  3.05 =     $6,850

────────────────────────────────────────────────────
Month total                                   $6,850

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/228298 is the state's own key, not one this site invented.