CUTWING PARACHUTE CADDIS

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 230983District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.6 M
Feb 2007 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
232
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
CondensateDisposition1,634 bbl$104,880
GasProduction1,296,579 Mcf$6,466,056
Total$6,570,936

Every month this lease reported (232)

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

232 months

May 202604,376106.413.05$13,329
Apr 202603,91798.932.87$11,241
Mar 202604,21189.753.15$13,262
Feb 202603,99763.503.75$14,990
Jan 202603,75759.138.00$30,048
Dec 202504,20756.664.41$18,567
Nov 202502,78258.593.93$10,923
Oct 202502,95559.383.30$9,766
Sep 202503,73262.743.08$11,483
Aug 202503,56663.933.01$10,751
Jul 202504,38066.743.32$14,521
Jun 202573,04966.483.13$10,005
May 202503,33260.553.23$10,770
Apr 2025284,31062.363.54$17,017
Mar 202534,55167.704.27$19,628
Feb 202533,52170.884.34$15,497
Jan 202594,17274.324.28$18,520
Dec 202434,33668.993.12$13,741
Nov 202414,28169.052.20$9,481
Oct 202401,65671.372.28$3,778
Sep 202402,08369.612.36$4,925
Aug 202424,61675.632.06$9,677
Jul 202404,59479.932.15$9,861
Jun 202404,10278.082.63$10,805
May 202404,23478.812.20$9,308
Apr 202404,06984.451.66$6,751
Mar 202454,42280.301.55$7,234
Feb 202403,48876.091.78$6,221
Jan 2024423,30973.023.30$13,979
Dec 202303,70971.262.61$9,683
Nov 202323,51877.892.81$10,033
Oct 202323,25885.443.09$10,229
Sep 202324,15389.042.74$11,537
Aug 202304,80180.522.67$12,833
Jul 202314,41374.852.64$11,733
Jun 202304,57968.962.26$10,342
May 202303,38270.622.23$7,533
Apr 202334,14078.122.24$9,499
Mar 202303,18072.852.39$7,610
Feb 202343,81375.112.47$9,702
Jan 202304,98376.533.39$16,881
Dec 202214,18676.415.73$24,058
Nov 202204,41485.005.65$24,922
Oct 202201,88787.185.86$11,065
Sep 202252,45284.888.16$20,442
Aug 202222,41894.529.13$22,259
Jul 202204,238101.587.54$31,963
Jun 202213,360115.097.98$26,918
May 202202,155109.378.43$18,173
Apr 202201,642104.226.84$11,227
Mar 202201,783108.885.08$9,051
Feb 202202491.054.86$117
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 2021012170.783.98$482
Jun 2021013569.493.38$456
May 2021021763.483.02$655
Apr 202105960.362.76$163
Mar 202106361.302.72$171
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200138.772.71$3
Oct 20200036.972.48$0
Sep 202002337.091.99$46
Aug 20200039.982.39$0
Jul 202001038.371.83$18
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201868014.751.80$2,888
Mar 202002,57130.341.86$4,772
Feb 202014,04949.881.98$8,070
Jan 202004,69157.252.09$9,826
Dec 201904,32359.012.30$9,962
Nov 201903,86955.302.75$10,642
Oct 201903,47253.472.42$8,397
Sep 201933,33855.052.66$9,035
Aug 201913,89153.112.30$9,019
Jul 201903,71356.272.46$9,134
Jun 201903,32252.782.49$8,276
May 201903,93458.482.74$10,780
Apr 201903,95762.632.75$10,885
Mar 201904,28156.803.06$13,109
Feb 201903,54150.852.79$9,887
Jan 201903,62446.033.23$11,699
Dec 201803,96246.594.19$16,583
Nov 201804,21652.934.24$17,864
Oct 201802,73861.443.40$9,304
Sep 201804,92359.543.11$15,301
Aug 201834,37759.403.07$13,601
Jul 201805,10865.142.93$14,976
Jun 201834,53760.183.08$14,141
May 201802,82965.382.90$8,206
Apr 201803,14163.842.90$9,111
Mar 201831,51761.222.79$4,411
Feb 2018037261.782.77$1,029
Jan 2018032962.874.01$1,319
Dec 2017042957.272.92$1,253
Nov 2017077855.423.12$2,426
Oct 201703,47249.292.98$10,359
Sep 201701,67947.523.09$5,184
Aug 201704,03245.373.00$12,114
Jul 201703,35543.873.09$10,358
Jun 201703,47142.493.09$10,716
May 201703,60645.373.26$11,768
Apr 201703,25347.933.21$10,447
Mar 201733,67446.772.98$11,102
Feb 201713,66650.452.95$10,875
Jan 201713,21049.413.42$11,024
Dec 201603,59248.763.72$13,372
Nov 201664,02642.492.64$10,901
Oct 201604,12146.193.09$12,735
Sep 201604,17341.553.10$12,939
Aug 201604,37741.442.92$12,800
Jul 201604,41141.622.92$12,899
Jun 20161284,21745.352.69$17,131
May 201604,25242.521.99$8,466
Apr 201603,85036.561.99$7,666
Mar 201604,16933.011.79$7,479
Feb 201604,13526.472.06$8,533
Jan 201624,78627.352.36$11,371
Dec 201534,25032.362.00$8,603
Nov 201524,37838.792.17$9,566
Oct 201504,89343.552.43$11,873
Sep 201524,65042.992.76$12,913
Aug 201504,88740.162.87$14,038
Jul 201504,62648.152.95$13,624
Jun 201514,50156.152.88$13,032
May 20151104,40655.212.96$19,095
Apr 201564,60549.822.71$12,763
Mar 201524,76142.892.93$14,058
Feb 2015243,40944.662.98$11,218
Jan 201504,56443.433.10$14,151
Dec 201404,93654.693.59$17,727
Nov 201404,91870.464.25$20,911
Oct 201405,21478.303.90$20,340
Sep 201405,08586.164.05$20,571
Aug 201404,67889.394.04$18,876
Jul 201405,12596.564.18$21,420
Jun 201405,03398.164.74$23,841
May 20141955,17294.734.73$42,918
Apr 201405,18895.944.81$24,950
Mar 201405,60895.895.06$28,359
Feb 201404,64397.406.19$28,749
Jan 201405,33990.404.86$25,951
Dec 201305,25691.824.35$22,887
Nov 201305,45388.853.74$20,385
Oct 201305,61797.423.78$21,229
Sep 201305,254104.113.72$19,533
Aug 201305,434104.253.52$19,142
Jul 201305,492102.523.72$20,418
Jun 201305,65894.403.93$22,255
May 201306,00294.834.15$24,903
Apr 20131945,48293.964.28$41,705
Mar 201305,86493.623.91$22,945
Feb 201305,47791.233.42$18,731
Jan 201306,19491.603.42$21,183
Dec 201205,90986.773.42$20,210
Nov 201206,00086.953.62$21,750
Oct 201206,41189.383.40$21,795
Sep 201205,89994.672.92$17,216
Aug 201206,44192.662.91$18,731
Jul 201206,87885.133.02$20,777
Jun 201206,49779.822.52$16,366
May 201206,75291.612.49$16,801
Apr 201206,896101.652.00$13,770
Mar 201204,821105.052.22$10,713
Feb 201203,927101.102.57$10,093
Jan 201206,54398.092.73$17,889
Dec 201107,74196.873.24$25,079
Nov 201102,16495.723.31$7,166
Oct 201106,41184.983.65$23,391
Sep 201106,66283.623.99$26,553
Aug 201106,89483.404.15$28,605
Jul 201107,20294.144.52$32,533
Jun 201106,78692.904.64$31,486
May 201107,17298.134.40$31,591
Apr 201106,896105.964.33$29,882
Mar 201107,61996.364.06$30,913
Feb 201144,55385.644.18$19,374
Jan 20111745,11486.504.59$38,518
Dec 201056,27785.734.35$27,719
Nov 201067,59780.843.80$29,318
Oct 201037,70578.103.51$27,270
Sep 201013,90672.633.98$15,616
Aug 201057,76773.684.42$34,694
Jul 201047,79272.554.74$37,197
Jun 201057,56470.364.91$37,494
May 201018,11071.124.24$34,419
Apr 201008,58781.694.12$35,402
Mar 201009,94878.394.39$43,658
Feb 201022,73573.585.44$15,032
Jan 201011,93574.365.96$11,615
Dec 200908,61071.445.48$47,215
Nov 200907,63174.593.75$28,628
Oct 200907,54772.544.11$31,020
Sep 200908,85165.543.06$27,126
Aug 200909,29967.423.22$29,929
Jul 200909,70261.133.46$33,613
Jun 200929,30766.163.90$36,383
May 200909,85754.743.93$38,696
Apr 200988,62746.773.59$31,324
Mar 200917010,49142.144.06$49,747
Feb 2009109,79332.814.63$45,699
Jan 20091310,90935.865.37$59,058
Dec 2008510,98537.105.98$65,844
Nov 2008911,17255.496.86$77,143
Oct 2008011,66275.246.92$80,724
Sep 200808,665101.767.88$68,255
Aug 2008011,373114.228.48$96,477
Jul 2008013,068131.0811.39$148,837
Jun 2008013,026131.3313.03$169,763
May 2008012,479123.1711.57$144,436
Apr 2008013,712110.3110.45$143,357
Mar 2008014,378101.909.66$138,950
Feb 2008014,05992.538.77$123,306
Jan 2008015,66890.388.21$128,567
Dec 2007015,50988.337.30$113,246
Nov 2007715,85291.677.29$116,230
Oct 2007018,32782.856.92$126,859
Sep 2007018,04175.846.24$112,651
Aug 2007019,25869.066.39$123,019
Jul 200718619,62070.906.39$138,519
Jun 2007021,40762.007.55$161,590
May 2007024,66658.747.85$193,536
Apr 2007726,14459.617.81$204,476
Mar 2007032,17556.927.30$234,941
Feb 2007047,98555.108.22$394,245

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                4,376 Mcf  × $  3.05 =    $13,329

────────────────────────────────────────────────────
Month total                                  $13,329

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/230983 is the state's own key, not one this site invented.