BUSSEY

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 230516District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Mar 2007 – May 2026
Value, last 12 filed months
$165 k
at the published price for each month
Months reported
231
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
CondensateDisposition7,807 bbl$523,048
GasProduction1,006,360 Mcf$4,818,838
Total$5,341,886

Every month this lease reported (231)

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

231 months

May 202602,116106.413.05$6,445
Apr 202603,67298.932.87$10,538
Mar 202603,85489.753.15$12,138
Feb 202603,47163.503.75$13,017
Jan 202603,90559.138.00$31,232
Dec 202503,80256.664.41$16,780
Nov 202503,61458.593.93$14,190
Oct 202503,99659.383.30$13,206
Sep 202503,69962.743.08$11,382
Aug 202503,75863.933.01$11,329
Jul 202503,76166.743.32$12,468
Jun 202593,73166.483.13$12,272
May 202503,84060.553.23$12,412
Apr 2025383,81562.363.54$15,887
Mar 202503,86267.704.27$16,484
Feb 202505,50870.884.34$23,909
Jan 202524,10674.324.28$17,717
Dec 202404,11768.993.12$12,851
Nov 20241473,97569.052.20$18,889
Oct 2024313,99871.372.28$11,334
Sep 202403,93469.612.36$9,301
Aug 202403,96175.632.06$8,174
Jul 202403,98679.932.15$8,556
Jun 202404,06678.082.63$10,710
May 202404,17978.812.20$9,187
Apr 202404,12184.451.66$6,838
Mar 202404,44780.301.55$6,871
Feb 202403,95576.091.78$7,054
Jan 202404,11373.023.30$13,563
Dec 202304,31471.262.61$11,263
Nov 202304,13677.892.81$11,612
Oct 202304,34185.443.09$13,402
Sep 202304,39189.042.74$12,010
Aug 202304,78680.522.67$12,792
Jul 202304,31674.852.64$11,402
Jun 202304,28068.962.26$9,666
May 202304,15070.622.23$9,244
Apr 202304,32178.122.24$9,669
Mar 202334,81872.852.39$11,749
Feb 202323,46175.112.47$8,684
Jan 202303,23576.533.39$10,959
Dec 202203,52276.415.73$20,178
Nov 202203,66585.005.65$20,693
Oct 202203,71087.185.86$21,755
Sep 202204,04084.888.16$32,981
Aug 202204,11794.529.13$37,577
Jul 202203,654101.587.54$27,559
Jun 202203,664115.097.98$29,228
May 202203,781109.378.43$31,885
Apr 202203,538104.226.84$24,191
Mar 202203,576108.885.08$18,153
Feb 20221523,05591.054.86$28,683
Jan 202203,44781.844.54$15,641
Dec 202103,00271.323.90$11,705
Nov 202102,87277.435.24$15,040
Oct 202102,81279.795.71$16,067
Sep 202102,29369.865.35$12,270
Aug 202102,16666.024.22$9,142
Jul 202102,72170.783.98$10,835
Jun 202102,75069.493.38$9,297
May 2021872,87963.483.02$14,211
Apr 202102,38460.362.76$6,576
Mar 202102,56261.302.72$6,961
Feb 2021901,51857.805.55$13,624
Jan 202102,48750.412.81$6,989
Dec 202002,14844.642.68$5,747
Nov 202002,05838.772.71$5,570
Oct 2020092236.972.48$2,285
Sep 202002,41837.091.99$4,814
Aug 202011,79639.982.39$4,324
Jul 202002,42838.371.83$4,431
Jun 202012,09334.901.69$3,573
May 2020902,40616.921.81$5,889
Apr 202002,36114.751.80$4,260
Mar 202002,42830.341.86$4,507
Feb 2020942,34449.881.98$9,331
Jan 202002,45557.252.09$5,143
Dec 201902,44859.012.30$5,641
Nov 2019912,27755.302.75$11,296
Oct 201902,40953.472.42$5,826
Sep 2019892,54155.052.66$11,652
Aug 201902,72753.112.30$6,284
Jul 201902,68056.272.46$6,593
Jun 201902,38452.782.49$5,939
May 201902,97158.482.74$8,141
Apr 2019903,16362.632.75$14,337
Mar 201903,25756.803.06$9,973
Feb 201921,65650.852.79$4,726
Jan 2019772,04246.033.23$10,136
Dec 2018054646.594.19$2,285
Nov 201801,88952.934.24$8,004
Oct 2018412,15761.443.40$9,849
Sep 201802,08759.543.11$6,486
Aug 201801,80359.403.07$5,529
Jul 201801,73665.142.93$5,090
Jun 201801,82760.183.08$5,622
May 2018711,83065.382.90$9,950
Apr 201802,22663.842.90$6,457
Mar 201802,47161.222.79$6,886
Feb 2018942,36561.782.77$12,349
Jan 201802,54562.874.01$10,204
Dec 201702,40357.272.92$7,020
Nov 201702,55355.423.12$7,961
Oct 2017892,75249.292.98$12,598
Sep 201702,67647.523.09$8,262
Aug 201702,92145.373.00$8,776
Jul 201702,53943.873.09$7,839
Jun 2017902,57742.493.09$11,780
May 201702,85545.373.26$9,317
Apr 201702,80947.933.21$9,021
Mar 201702,85846.772.98$8,527
Feb 2017982,56450.452.95$12,515
Jan 201703,32549.413.42$11,368
Dec 201602,87148.763.72$10,688
Nov 201602,65642.492.64$7,023
Oct 2016962,97946.193.09$13,640
Sep 201602,97441.553.10$9,221
Aug 201603,11741.442.92$9,115
Jul 201603,10041.622.92$9,065
Jun 2016932,98845.352.69$12,243
May 201602,79042.521.99$5,555
Apr 2016902,88736.561.99$9,039
Mar 201603,11533.011.79$5,588
Feb 2016992,88326.472.06$8,570
Jan 201603,16227.352.36$7,476
Dec 201503,16832.362.00$6,340
Nov 2015993,12038.792.17$10,602
Oct 201503,31843.552.43$8,051
Sep 2015040842.992.76$1,125
Aug 2015973,35140.162.87$13,521
Jul 201503,48648.152.95$10,267
Jun 2015973,44556.152.88$15,378
May 2015963,56855.212.96$15,845
Apr 201502,96749.822.71$8,030
Mar 201502,71942.892.93$7,979
Feb 201502,43944.662.98$7,259
Jan 2015963,07543.433.10$13,704
Dec 201403,15854.693.59$11,342
Nov 2014782,87570.464.25$17,720
Oct 201403,11978.303.90$12,167
Sep 201403,12686.164.05$12,646
Aug 2014483,16889.394.04$17,074
Jul 201403,37496.564.18$14,102
Jun 201403,45798.164.74$16,375
May 201403,12794.734.73$14,780
Apr 201403,25695.944.81$15,658
Mar 201403,22395.895.06$16,298
Feb 201402,93797.406.19$18,186
Jan 201403,34790.404.86$16,269
Dec 201302,96791.824.35$12,920
Nov 201303,14188.853.74$11,742
Oct 201304,09597.423.78$15,476
Sep 201302,940104.113.72$10,930
Aug 201303,413104.253.52$12,023
Jul 201303,774102.523.72$14,031
Jun 201303,74794.403.93$14,738
May 201303,86394.834.15$16,028
Apr 201303,31893.964.28$14,210
Mar 201303,41393.623.91$13,355
Feb 201303,12091.233.42$10,670
Jan 201303,79191.603.42$12,965
Dec 20121853,58186.773.42$28,300
Nov 201204,09386.953.62$14,837
Oct 201203,12789.383.40$10,631
Sep 201203,57094.672.92$10,419
Aug 201204,06192.662.91$11,810
Jul 201204,30185.133.02$12,992
Jun 201204,45479.822.52$11,220
May 201203,88491.612.49$9,665
Apr 201204,634101.652.00$9,253
Mar 201204,996105.052.22$11,102
Feb 20121754,741101.102.57$29,878
Jan 201204,79698.092.73$13,113
Dec 201104,40696.873.24$14,274
Nov 201104,26195.723.31$14,109
Oct 201104,05884.983.65$14,806
Sep 201103,89183.623.99$15,509
Aug 201104,46983.404.15$18,543
Jul 201104,86894.144.52$21,990
Jun 201103,97092.904.64$18,420
May 201104,29598.134.40$18,919
Apr 201103,972105.964.33$17,212
Mar 20111794,24996.364.06$34,488
Feb 201103,40185.644.18$14,216
Jan 201103,42286.504.59$15,703
Dec 201003,53285.734.35$15,356
Nov 201003,86780.843.80$14,677
Oct 201004,16278.103.51$14,604
Sep 201003,74272.633.98$14,891
Aug 201004,25673.684.42$18,809
Jul 201004,47572.554.74$21,196
Jun 201006,40570.364.91$31,451
May 201004,68071.124.24$19,821
Apr 201004,93481.694.12$20,341
Mar 20101835,09578.394.39$36,706
Feb 201005,03173.585.44$27,381
Jan 201005,31774.365.96$31,711
Dec 20091855,33571.445.48$42,472
Nov 200905,37874.593.75$20,176
Oct 200905,88872.544.11$24,201
Sep 200905,67165.543.06$17,380
Aug 200905,92067.423.22$19,054
Jul 200906,07961.133.46$21,061
Jun 20091826,18966.163.90$36,147
May 200906,26554.743.93$24,595
Apr 200906,19446.773.59$22,221
Mar 200906,50942.144.06$26,420
Feb 20091815,85832.814.63$33,079
Jan 200907,01635.865.37$37,683
Dec 200807,15837.105.98$42,784
Nov 200807,39655.496.86$50,739
Oct 20081728,12175.246.92$69,155
Sep 200808,036101.767.88$63,300
Aug 200808,947114.228.48$75,898
Jul 2008010,363131.0811.39$118,029
Jun 200805,521131.3313.03$71,953
May 20081767,555123.1711.57$109,122
Apr 20081768,197110.3110.45$105,113
Mar 200809,045101.909.66$87,412
Feb 20081878,83392.538.77$94,774
Jan 20081749,60690.388.21$94,550
Dec 2007310,69088.337.30$78,323
Nov 2007810,62291.677.29$78,186
Oct 200717411,87682.856.92$96,621
Sep 200752714,32175.846.24$129,390
Aug 2007017,52869.066.39$111,968
Jul 200735020,16070.906.39$153,596
Jun 200739122,17662.007.55$191,636
May 20071,43130,06758.747.85$319,971
Apr 200719841,44959.617.81$335,321
Mar 2007220856.927.30$1,633

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                2,116 Mcf  × $  3.05 =     $6,445

────────────────────────────────────────────────────
Month total                                   $6,445

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/230516 is the state's own key, not one this site invented.