DIXON, MCFARLAND

Operated by BKV BARNETT, LLC (P-5 72504) 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 229439District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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
CondensateDisposition2,998 bbl$200,888
GasProduction914,793 Mcf$4,378,489
Total$4,579,377

Every month this lease reported (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023098668.962.26$2,227
May 2023057270.622.23$1,274
Apr 202301,30678.122.24$2,923
Mar 202301,40772.852.39$3,367
Feb 202303,49875.112.47$8,625
Jan 202301,63376.533.39$5,532
Dec 2022026576.415.73$1,518
Nov 2022025785.005.65$1,451
Oct 2022076287.185.86$4,468
Sep 202201,64384.888.16$13,413
Aug 202202,69694.529.13$24,607
Jul 202202,314101.587.54$17,452
Jun 202202,139115.097.98$17,063
May 202202,347109.378.43$19,792
Apr 202202,507104.226.84$17,142
Mar 202202,590108.885.08$13,148
Feb 202272,04791.054.86$10,583
Jan 2022602,84781.844.54$17,829
Dec 202103,10971.323.90$12,122
Nov 202102,68477.435.24$14,056
Oct 202102,76379.795.71$15,787
Sep 202102,80669.865.35$15,015
Aug 202103,04466.024.22$12,847
Jul 202102,90170.783.98$11,552
Jun 202102,30169.493.38$7,779
May 2021132,83463.483.02$9,377
Apr 2021352,50560.362.76$9,022
Mar 202102,63161.302.72$7,148
Feb 2021655357.805.55$3,415
Jan 2021581,62850.412.81$7,499
Dec 202001,56444.642.68$4,184
Nov 202021,67938.772.71$4,622
Oct 2020491,85136.972.48$6,399
Sep 202001,91337.091.99$3,809
Aug 202001,91039.982.39$4,556
Jul 202011,96238.371.83$3,619
Jun 2020761,91734.901.69$5,893
May 202001,19816.921.81$2,174
Apr 202001,34314.751.80$2,423
Mar 202002,60430.341.86$4,834
Feb 202002,05249.881.98$4,064
Jan 202002,42857.252.09$5,086
Dec 201902,24259.012.30$5,166
Nov 201902,67155.302.75$7,347
Oct 201902,53553.472.42$6,131
Sep 201922,19055.052.66$5,930
Aug 2019852,02753.112.30$9,185
Jul 201901,51456.272.46$3,725
Jun 201901,20152.782.49$2,992
May 201901,63358.482.74$4,475
Apr 201901,34162.632.75$3,689
Mar 2019039256.803.06$1,200
Feb 201901,54750.852.79$4,320
Jan 201901,49946.033.23$4,839
Dec 201801,49946.594.19$6,274
Nov 2018542,45552.934.24$13,261
Oct 201802,67661.443.40$9,093
Sep 201802,59459.543.11$8,062
Aug 201802,25059.403.07$6,900
Jul 201802,11765.142.93$6,207
Jun 20181722,21060.183.08$17,151
May 201802,64365.382.90$7,667
Apr 201801,79663.842.90$5,210
Mar 201801,41661.222.79$3,946
Feb 20180061.782.77$0
Jan 2018096262.874.01$3,857
Dec 201703,30657.272.92$9,659
Nov 201703,61455.423.12$11,270
Oct 201703,75849.292.98$11,213
Sep 201703,08147.523.09$9,512
Aug 201703,41645.373.00$10,263
Jul 201713,67943.873.09$11,402
Jun 2017692,93242.493.09$11,984
May 20171884,26645.373.26$22,451
Apr 201704,56647.933.21$14,664
Mar 201704,43646.772.98$13,236
Feb 201703,34350.452.95$9,871
Jan 201703,46849.413.42$11,856
Dec 201602,98048.763.72$11,094
Nov 201603,94042.492.64$10,419
Oct 201604,04046.193.09$12,485
Sep 201604,12641.553.10$12,793
Aug 201614,85241.442.92$14,230
Jul 20161314,61141.622.92$18,936
Jun 201604,88345.352.69$13,115
May 201605,10042.521.99$10,154
Apr 201605,58036.561.99$11,110
Mar 201606,26033.011.79$11,231
Feb 201604,68626.472.06$9,670
Jan 201604,57027.352.36$10,805
Dec 201504,72032.362.00$9,447
Nov 2015685,23138.792.17$13,975
Oct 201505,07343.552.43$12,310
Sep 201503,98442.992.76$10,990
Aug 201503,92940.162.87$11,286
Jul 201503,97148.152.95$11,695
Jun 201504,10056.152.88$11,820
May 201504,16055.212.96$12,295
Apr 201503,91249.822.71$10,588
Mar 201503,48642.892.93$10,230
Feb 201503,41444.662.98$10,161
Jan 201503,94543.433.10$12,232
Dec 201404,32754.693.59$15,540
Nov 201403,72570.464.25$15,838
Oct 201403,59078.303.90$14,004
Sep 201403,49886.164.05$14,151
Aug 2014733,49389.394.04$20,620
Jul 201403,54496.564.18$14,813
Jun 2014692,71798.164.74$19,643
May 201403,56194.734.73$16,831
Apr 201403,84595.944.81$18,491
Mar 201404,25195.895.06$21,496
Feb 201402,98497.406.19$18,477
Jan 201404,59590.404.86$22,335
Dec 201302,87591.824.35$12,519
Nov 201303,28888.853.74$12,291
Oct 201305,47797.423.78$20,700
Sep 201305,834104.113.72$21,689
Aug 201304,161104.253.52$14,658
Jul 201305,631102.523.72$20,935
Jun 201303,89794.403.93$15,329
May 201304,36194.834.15$18,094
Apr 201304,68393.964.28$20,055
Mar 201302,97793.623.91$11,649
Feb 20131513,78391.233.42$26,713
Jan 201304,26091.603.42$14,569
Dec 201201,07986.773.42$3,690
Nov 201205,05586.953.62$18,324
Oct 201206,79389.383.40$23,094
Sep 201204,53194.672.92$13,223
Aug 201205,70592.662.91$16,591
Jul 201204,54385.133.02$13,723
Jun 201205,10779.822.52$12,865
May 2012744,45791.612.49$17,870
Apr 201206,050101.652.00$12,081
Mar 201204,290105.052.22$9,533
Feb 201207,582101.102.57$19,488
Jan 2012583,78298.092.73$16,030
Dec 201105,29396.873.24$17,148
Nov 201105,80995.723.31$19,235
Oct 201106,16184.983.65$22,479
Sep 201104,76383.623.99$18,984
Aug 201105,95683.404.15$24,713
Jul 201105,38694.144.52$24,330
Jun 201105,36792.904.64$24,902
May 2011725,27698.134.40$30,305
Apr 201108,182105.964.33$35,455
Mar 201108,44596.364.06$34,264
Feb 201102,90885.644.18$12,155
Jan 201104,39986.504.59$20,186
Dec 201005,92685.734.35$25,765
Nov 201004,37180.843.80$16,589
Oct 201005,33778.103.51$18,727
Sep 201005,93472.633.98$23,614
Aug 2010607,71173.684.42$38,498
Jul 201006,30972.554.74$29,883
Jun 201006,57570.364.91$32,286
May 20101336,04471.124.24$35,057
Apr 201006,39681.694.12$26,369
Mar 201007,45078.394.39$32,696
Feb 201006,67973.585.44$36,350
Jan 201007,74874.365.96$46,210
Dec 200907,67171.445.48$42,066
Nov 200907,47974.593.75$28,057
Oct 20090972.544.11$37
Sep 20091408,42865.543.06$35,005
Aug 200909,09067.423.22$29,256
Jul 200909,65361.133.46$33,443
Jun 2009010,08166.163.90$39,266
May 20091901754.743.93$10,467
Apr 2009010,55346.773.59$37,859
Mar 2009010,60742.144.06$43,054
Feb 200908,59832.814.63$39,835
Jan 200909,01335.865.37$48,409
Dec 200818910,43437.105.98$69,377
Nov 2008013,83855.496.86$94,934
Oct 2008013,56775.246.92$93,911
Sep 2008012,867101.767.88$101,355
Aug 2008015,823114.228.48$134,227
Jul 200807,815131.0811.39$89,008
Jun 200803,731131.3313.03$48,625
May 200808,497123.1711.57$98,347
Apr 200807,160110.3110.45$74,857
Mar 200817812,282101.909.66$136,832
Feb 200809,18192.538.77$80,523
Jan 200809,36990.388.21$76,879
Dec 200719210,74488.337.30$95,412
Nov 2007012,44891.677.29$90,767
Oct 2007012,09482.856.92$83,714
Sep 200714812,74875.846.24$90,825
Aug 2007014,90569.066.39$95,212
Jul 200719317,91970.906.39$128,149
Jun 2007018,27962.007.55$137,978
May 2007024,31358.747.85$190,767

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                  986 Mcf  × $  2.26 =     $2,227

────────────────────────────────────────────────────
Month total                                   $2,227

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/229439 is the state's own key, not one this site invented.