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 230534District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.3 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition20,537 bbl$1,566,658
GasProduction1,997,947 Mcf$9,753,818
Total$11,320,476

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 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 202440069.052.20$2,762
Oct 20243071.372.28$214
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202226091.054.86$2,367
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021023370.783.98$928
Jun 202101,14069.493.38$3,854
May 2021873,64263.483.02$16,513
Apr 202104,22160.362.76$11,643
Mar 202105,16861.302.72$14,041
Feb 2021905,27157.805.55$34,445
Jan 202103,62550.412.81$10,187
Dec 202005,68244.642.68$15,202
Nov 202002,70138.772.71$7,310
Oct 202005,92336.972.48$14,680
Sep 202006,33837.091.99$12,619
Aug 202006,86339.982.39$16,369
Jul 202006,89138.371.83$12,577
Jun 202007,31734.901.69$12,368
May 2020907,61216.921.81$15,337
Apr 202007,31514.751.80$13,199
Mar 202007,39030.341.86$13,718
Feb 2020947,04349.881.98$18,639
Jan 202007,84757.252.09$16,437
Dec 201907,50859.012.30$17,301
Nov 2019916,99555.302.75$24,273
Oct 201907,61653.472.42$18,420
Sep 2019907,16355.052.66$23,989
Aug 201907,49153.112.30$17,262
Jul 201907,54856.272.46$18,569
Jun 201907,06452.782.49$17,598
May 201907,62758.482.74$20,900
Apr 2019987,50362.632.75$26,776
Mar 201907,86156.803.06$24,071
Feb 201917,25550.852.79$20,308
Jan 20191037,51046.033.23$28,985
Dec 201807,82346.594.19$32,743
Nov 201807,49252.934.24$31,745
Oct 20181428,05061.443.40$36,079
Sep 201806,88659.543.11$21,402
Aug 201806,89659.403.07$21,147
Jul 201807,47165.142.93$21,904
Jun 201806,59960.183.08$20,305
May 20181157,96465.382.90$30,621
Apr 201807,66363.842.90$22,229
Mar 201808,01861.222.79$22,345
Feb 2018947,73361.782.77$27,198
Jan 201808,36362.874.01$33,530
Dec 201707,40057.272.92$21,619
Nov 201706,29855.423.12$19,639
Oct 2017897,24549.292.98$26,004
Sep 201706,41047.523.09$19,789
Aug 201706,26545.373.00$18,823
Jul 201705,79743.873.09$17,897
Jun 2017905,93042.493.09$22,132
May 201706,51445.373.26$21,258
Apr 201707,26147.933.21$23,319
Mar 201707,25946.772.98$21,659
Feb 2017987,22150.452.95$26,265
Jan 201706,72949.413.42$23,005
Dec 201606,01848.763.72$22,404
Nov 201605,87342.492.64$15,530
Oct 2016967,52946.193.09$27,701
Sep 201607,57141.553.10$23,475
Aug 201607,93041.442.92$23,190
Jul 201608,21941.622.92$24,035
Jun 2016937,75045.352.69$25,033
May 201606,84742.521.99$13,633
Apr 2016907,43336.561.99$18,090
Mar 201608,39833.011.79$15,066
Feb 2016997,86826.472.06$18,857
Jan 201608,57627.352.36$20,277
Dec 201508,64232.362.00$17,296
Nov 2015998,42838.792.17$22,106
Oct 201508,76143.552.43$21,259
Sep 2015011,38542.992.76$31,405
Aug 2015978,86940.162.87$29,372
Jul 201508,96948.152.95$26,414
Jun 2015978,85356.152.88$30,969
May 2015979,23255.212.96$32,640
Apr 201509,32149.822.71$25,228
Mar 201508,94342.892.93$26,245
Feb 201507,94044.662.98$23,631
Jan 20151048,44043.433.10$30,686
Dec 201408,41354.693.59$30,214
Nov 20141248,77870.464.25$46,060
Oct 201409,33878.303.90$36,427
Sep 201409,05286.164.05$36,619
Aug 20143399,47889.394.04$68,548
Jul 201409,83096.564.18$41,085
Jun 201409,58898.164.74$45,417
May 20141969,64194.734.73$64,136
Apr 201409,66695.944.81$46,485
Mar 201409,80795.895.06$49,592
Feb 20141979,43097.406.19$77,578
Jan 2014010,97490.404.86$53,342
Dec 2013010,88391.824.35$47,390
Nov 2013011,44388.853.74$42,777
Oct 2013014,27297.423.78$53,939
Sep 201306,736104.113.72$25,043
Aug 20131943,263104.253.52$31,719
Jul 20131867,482102.523.72$46,885
Jun 201307,09094.403.93$27,888
May 20131797,31294.834.15$47,313
Apr 201307,02893.964.28$30,098
Mar 20131897,28093.623.91$46,180
Feb 201307,32991.233.42$25,065
Jan 201307,50591.603.42$25,666
Dec 20121847,81386.773.42$42,687
Nov 201206,95186.953.62$25,197
Oct 20121867,48689.383.40$42,075
Sep 201207,38994.672.92$21,564
Aug 20121827,33892.662.91$38,204
Jul 201207,09685.133.02$21,436
Jun 20121845,79779.822.52$29,290
May 201207,45591.612.49$18,550
Apr 201218914,164101.652.00$47,495
Mar 201217916,965105.052.22$56,502
Feb 201218715,741101.102.57$59,364
Jan 201218017,18698.092.73$64,644
Dec 201118013,16996.873.24$60,101
Nov 201109,69395.723.31$32,096
Oct 2011015,02384.983.65$54,812
Sep 2011017,44983.623.99$69,548
Aug 201117711,80083.404.15$63,724
Jul 201109,52294.144.52$43,013
Jun 20111819,14992.904.64$59,265
May 20111859,68198.134.40$60,797
Apr 201109,734105.964.33$42,180
Mar 201118210,33596.364.06$59,470
Feb 20111779,84985.644.18$56,327
Jan 2011011,98686.504.59$55,001
Dec 201018212,10685.734.35$68,237
Nov 2010011,32080.843.80$42,963
Oct 201018511,35878.103.51$54,302
Sep 2010011,39572.633.98$45,346
Aug 201017510,37673.684.42$58,749
Jul 201008,79472.554.74$41,653
Jun 20101787,25770.364.91$48,159
May 201017913,87571.124.24$71,494
Apr 201035314,18681.694.12$87,321
Mar 201018314,65278.394.39$78,648
Feb 201017712,69973.585.44$82,136
Jan 201018114,65574.365.96$100,863
Dec 200918415,34571.445.48$97,293
Nov 200918115,27474.593.75$70,801
Oct 200936516,33672.544.11$93,622
Sep 200918315,99065.543.06$60,999
Aug 200917916,61867.423.22$65,553
Jul 200935717,35961.133.46$81,964
Jun 200918117,01266.163.90$78,237
May 200918017,69754.743.93$79,327
Apr 200936417,24546.773.59$78,891
Mar 200935618,46542.144.06$89,951
Feb 200936516,50232.814.63$88,429
Jan 200918619,09635.865.37$109,235
Dec 200835219,48137.105.98$129,500
Nov 200818119,50055.496.86$143,821
Oct 200834820,84075.246.92$170,438
Sep 200817820,613101.767.88$180,484
Aug 200835321,603114.228.48$223,578
Jul 200817923,630131.0811.39$292,596
Jun 200817915,601131.3313.03$226,830
May 200835221,058123.1711.57$287,087
Apr 200836023,013110.3110.45$280,309
Mar 200853422,759101.909.66$274,359
Feb 200836124,58492.538.77$249,019
Jan 200835026,13790.388.21$246,106
Dec 200772027,76388.337.30$266,322
Nov 200736928,90091.677.29$244,556
Oct 200754731,31282.856.92$262,060
Sep 200771731,57775.846.24$251,549
Aug 200735235,44469.066.39$250,723
Jul 200768840,82470.906.39$309,560
Jun 200783645,09062.007.55$392,192
May 20071,21855,52158.747.85$507,179
Apr 20071966,11859.617.81$517,197
Mar 2007013356.927.30$971

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.

Nov 2024 — as filed, then multipliedworked
Condensate            40 bbl  × $ 69.05 =     $2,762
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $2,762

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/230534 is the state's own key, not one this site invented.