FLASHBACK

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 230525District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
230
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
CondensateDisposition1 bbl$76
GasProduction2,178,511 Mcf$11,754,556
Total$11,754,632

Every month this lease reported (230)

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

230 months

May 202602,260106.413.05$6,884
Apr 202602,75698.932.87$7,909
Mar 202603,88689.753.15$12,239
Feb 202603,09563.503.75$11,607
Jan 202603,50059.138.00$27,993
Dec 202503,55756.664.41$15,698
Nov 202503,28358.593.93$12,891
Oct 202503,53859.383.30$11,693
Sep 202501,90162.743.08$5,849
Aug 202502,27663.933.01$6,862
Jul 202502,26266.743.32$7,499
Jun 202502,42966.483.13$7,600
May 202502,40260.553.23$7,764
Apr 202502,54062.363.54$9,000
Mar 202502,45667.704.27$10,483
Feb 202502,11970.884.34$9,198
Jan 202502,23074.324.28$9,541
Dec 202402,54668.993.12$7,947
Nov 202402,29169.052.20$5,037
Oct 202402,84771.372.28$6,495
Sep 202402,36369.612.36$5,587
Aug 202402,78475.632.06$5,745
Jul 202403,04679.932.15$6,539
Jun 202402,37878.082.63$6,264
May 202402,63178.812.20$5,784
Apr 202402,95584.451.66$4,903
Mar 202402,22580.301.55$3,438
Feb 202402,72476.091.78$4,859
Jan 202403,04973.023.30$10,055
Dec 202302,67371.262.61$6,978
Nov 202302,94177.892.81$8,257
Oct 202302,79685.443.09$8,632
Sep 202302,30389.042.74$6,299
Aug 202302,65480.522.67$7,094
Jul 202303,14374.852.64$8,303
Jun 202302,89068.962.26$6,527
May 202303,15470.622.23$7,025
Apr 202303,21678.122.24$7,197
Mar 202303,21872.852.39$7,701
Feb 202302,65875.112.47$6,554
Jan 202302,77476.533.39$9,398
Dec 202203,02776.415.73$17,342
Nov 202203,12485.005.65$17,639
Oct 202202,83687.185.86$16,630
Sep 202202,89684.888.16$23,642
Aug 202202,91194.529.13$26,569
Jul 202203,058101.587.54$23,064
Jun 202202,235115.097.98$17,829
May 202202,822109.378.43$23,798
Apr 202203,328104.226.84$22,756
Mar 202203,646108.885.08$18,509
Feb 202203,52291.054.86$17,113
Jan 202203,87681.844.54$17,588
Dec 202103,91571.323.90$15,265
Nov 202103,90977.435.24$20,471
Oct 202103,74679.795.71$21,404
Sep 202104,16669.865.35$22,292
Aug 202104,27466.024.22$18,039
Jul 202104,26570.783.98$16,984
Jun 202104,00969.493.38$13,553
May 202104,04563.483.02$12,206
Apr 202103,87560.362.76$10,689
Mar 202104,19761.302.72$11,403
Feb 202103,54757.805.55$19,679
Jan 202104,34750.412.81$12,216
Dec 202004,44944.642.68$11,903
Nov 202004,26938.772.71$11,554
Oct 202004,51936.972.48$11,200
Sep 202004,47937.091.99$8,918
Aug 202004,61039.982.39$10,995
Jul 202004,55138.371.83$8,306
Jun 202004,38234.901.69$7,407
May 202004,43116.921.81$8,041
Apr 202004,28014.751.80$7,723
Mar 202004,73630.341.86$8,791
Feb 202004,46749.881.98$8,848
Jan 202004,87257.252.09$10,206
Dec 201904,45359.012.30$10,261
Nov 201903,78255.302.75$10,403
Oct 201904,86653.472.42$11,769
Sep 201904,24155.052.66$11,270
Aug 201903,81753.112.30$8,796
Jul 201904,05456.272.46$9,973
Jun 201903,81052.782.49$9,491
May 201903,82958.482.74$10,493
Apr 201903,96562.632.75$10,907
Mar 201904,25956.803.06$13,041
Feb 201904,02550.852.79$11,239
Jan 201904,93246.033.23$15,921
Dec 201804,99046.594.19$20,885
Nov 201804,08452.934.24$17,305
Oct 201804,99361.443.40$16,967
Sep 201804,47559.543.11$13,908
Aug 201805,45259.403.07$16,719
Jul 201805,05765.142.93$14,827
Jun 201805,42860.183.08$16,702
May 201805,28065.382.90$15,316
Apr 201805,15863.842.90$14,962
Mar 201805,66861.222.79$15,796
Feb 201804,95861.782.77$13,714
Jan 201805,76862.874.01$23,126
Dec 201705,59657.272.92$16,349
Nov 201705,92455.423.12$18,473
Oct 201706,43649.292.98$19,203
Sep 201706,21347.523.09$19,181
Aug 201706,30045.373.00$18,928
Jul 201706,49943.873.09$20,064
Jun 201705,73742.493.09$17,712
May 201706,85045.373.26$22,354
Apr 201706,41647.933.21$20,606
Mar 201706,60846.772.98$19,716
Feb 201706,27150.452.95$18,516
Jan 201707,14249.413.42$24,417
Dec 201607,35348.763.72$27,374
Nov 201606,57742.492.64$17,392
Oct 201606,91246.193.09$21,360
Sep 201606,90541.553.10$21,410
Aug 201607,20041.442.92$21,055
Jul 201608,15941.622.92$23,860
Jun 201608,29445.352.69$22,276
May 201609,13742.521.99$18,192
Apr 201608,84136.561.99$17,603
Mar 201609,64733.011.79$17,307
Feb 201608,96326.472.06$18,496
Jan 201609,71527.352.36$22,970
Dec 201509,12232.362.00$18,257
Nov 201508,02638.792.17$17,395
Oct 201505,12243.552.43$12,429
Sep 201505,76342.992.76$15,897
Aug 201508,79540.162.87$25,264
Jul 201509,48348.152.95$27,928
Jun 201506,93056.152.88$19,978
May 2015011,73455.212.96$34,679
Apr 2015011,74449.822.71$31,786
Mar 2015013,19842.892.93$38,732
Feb 2015012,84144.662.98$38,217
Jan 2015015,64643.433.10$48,512
Dec 2014015,89154.693.59$57,070
Nov 2014010,04470.464.25$42,705
Oct 2014014,80278.303.90$57,742
Sep 2014011,18786.164.05$45,256
Aug 2014011,58389.394.04$46,739
Jul 2014012,85796.564.18$53,737
Jun 2014011,96898.164.74$56,691
May 201406,92594.734.73$32,731
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011031695.723.31$1,046
Oct 2011062484.983.65$2,277
Sep 201104,35583.623.99$17,358
Aug 2011013,89983.404.15$57,671
Jul 2011015,37594.144.52$69,453
Jun 2011015,65192.904.64$72,619
May 2011016,75098.134.40$73,781
Apr 2011011,775105.964.33$51,024
Mar 2011011,26696.364.06$45,710
Feb 2011010,38685.644.18$43,413
Jan 2011015,60286.504.59$71,594
Dec 2010016,01085.734.35$69,607
Nov 201001,82480.843.80$6,923
Oct 201002,63778.103.51$9,253
Sep 2010014,80872.633.98$58,928
Aug 2010017,10773.684.42$75,602
Jul 2010019,82172.554.74$93,882
Jun 2010021,43670.364.91$105,259
May 2010018,30271.124.24$77,513
Apr 2010020,77881.694.12$85,661
Mar 2010016,88978.394.39$74,120
Feb 2010011,93173.585.44$64,933
Jan 2010016,63074.365.96$99,183
Dec 2009028,42371.445.48$155,865
Nov 2009026,49174.593.75$99,381
Oct 2009019,38472.544.11$79,673
Sep 2009015,77965.543.06$48,359
Aug 2009025,70167.423.22$82,719
Jul 2009022,88661.133.46$79,289
Jun 2009025,61866.163.90$99,782
May 2009012,28154.743.93$48,212
Apr 2009022,51946.773.59$80,787
Mar 2009020,96842.144.06$85,109
Feb 2009020,62532.814.63$95,556
Jan 2009024,82635.865.37$133,340
Dec 2008021,60237.105.98$129,118
Nov 2008022,50855.496.86$154,413
Oct 2008030,22675.246.92$209,224
Sep 2008030,861101.767.88$243,095
Aug 2008034,532114.228.48$292,936
Jul 2008032,013131.0811.39$364,610
Jun 2008041,923131.3313.03$546,367
May 2008041,923123.1711.57$485,229
Apr 2008032,802110.3110.45$342,940
Mar 2008045,717101.909.66$441,812
Feb 2008030,50092.538.77$267,503
Jan 2008044,79190.388.21$367,543
Dec 2007055,16188.337.30$402,784
Nov 2007061,36191.677.29$447,426
Oct 2007073,60382.856.92$509,478
Sep 2007187,50275.846.24$546,452
Aug 20070122,33769.066.39$781,481
Jul 2007058,40670.906.39$373,094
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$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                2,260 Mcf  × $  3.05 =     $6,884

────────────────────────────────────────────────────
Month total                                   $6,884

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/230525 is the state's own key, not one this site invented.