PEARCE UNIT

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 231311District 09Field 65280200GasSaveExport
Value, all time
$11.4 M
Sep 2006 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
237
no gaps in the span
Streams
1
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
GasProduction2,145,874 Mcf$11,436,506
Total$11,436,506

Every month this lease reported (237)

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

237 months

May 20262,336106.413.05$7,115
Apr 20262,89898.932.87$8,316
Mar 20262,95489.753.15$9,303
Feb 20262,68263.503.75$10,058
Jan 20263,06859.138.00$24,538
Dec 20253,10256.664.41$13,690
Nov 20253,00158.593.93$11,783
Oct 20253,05859.383.30$10,106
Sep 20252,89962.743.08$8,920
Aug 20252,96463.933.01$8,936
Jul 20252,88166.743.32$9,551
Jun 20252,77666.483.13$8,685
May 20252,51360.553.23$8,123
Apr 20252,81762.363.54$9,981
Mar 20253,04567.704.27$12,997
Feb 20252,82570.884.34$12,263
Jan 20253,19474.324.28$13,666
Dec 20243,29668.993.12$10,288
Nov 20243,27369.052.20$7,195
Oct 20243,45271.372.28$7,875
Sep 20242,69969.612.36$6,381
Aug 20243,10175.632.06$6,399
Jul 20243,24279.932.15$6,959
Jun 20243,23678.082.63$8,524
May 20243,02678.812.20$6,652
Apr 20243,32684.451.66$5,519
Mar 20243,08380.301.55$4,764
Feb 20243,31276.091.78$5,907
Jan 20242,78873.023.30$9,194
Dec 20233,42671.262.61$8,944
Nov 20233,33077.892.81$9,349
Oct 20233,63485.443.09$11,219
Sep 20232,98989.042.74$8,175
Aug 20233,65880.522.67$9,777
Jul 20233,59074.852.64$9,484
Jun 20233,47568.962.26$7,848
May 20233,63970.622.23$8,106
Apr 20233,56578.122.24$7,978
Mar 20233,78872.852.39$9,065
Feb 20232,93775.112.47$7,242
Jan 20233,73676.533.39$12,657
Dec 20223,77576.415.73$21,627
Nov 20223,66685.005.65$20,699
Oct 20223,84287.185.86$22,529
Sep 20223,76984.888.16$30,769
Aug 20223,96394.529.13$36,171
Jul 20223,557101.587.54$26,827
Jun 20223,776115.097.98$30,122
May 20223,896109.378.43$32,855
Apr 20223,842104.226.84$26,270
Mar 20223,878108.885.08$19,686
Feb 20223,62291.054.86$17,599
Jan 20224,06681.844.54$18,450
Dec 20214,10171.323.90$15,990
Nov 20214,22677.435.24$22,131
Oct 20213,46479.795.71$19,793
Sep 20214,15769.865.35$22,244
Aug 20214,56566.024.22$19,267
Jul 20213,78970.783.98$15,088
Jun 20212,86769.493.38$9,692
May 20213,86163.483.02$11,651
Apr 20214,23460.362.76$11,679
Mar 20214,27161.302.72$11,604
Feb 20213,86257.805.55$21,426
Jan 20214,39750.412.81$12,357
Dec 20204,44544.642.68$11,892
Nov 20204,00538.772.71$10,840
Oct 20204,36136.972.48$10,808
Sep 20204,35937.091.99$8,679
Aug 20204,53039.982.39$10,805
Jul 20204,40438.371.83$8,038
Jun 20204,29134.901.69$7,253
May 20204,55016.921.81$8,257
Apr 20204,35014.751.80$7,849
Mar 20204,68630.341.86$8,698
Feb 20204,44249.881.98$8,798
Jan 20204,87157.252.09$10,203
Dec 20194,80259.012.30$11,066
Nov 20193,66155.302.75$10,070
Oct 20193,66953.472.42$8,874
Sep 20194,12555.052.66$10,961
Aug 20196,07853.112.30$14,006
Jul 20195,68856.272.46$13,993
Jun 20193,42652.782.49$8,535
May 20192,66458.482.74$7,300
Apr 20192,62962.632.75$7,232
Mar 20193,66856.803.06$11,232
Feb 20194,47550.852.79$12,495
Jan 20193,48246.033.23$11,241
Dec 20184,10746.594.19$17,190
Nov 20184,57552.934.24$19,385
Oct 20184,93861.443.40$16,780
Sep 20184,95659.543.11$15,403
Aug 20184,95359.403.07$15,189
Jul 20185,66765.142.93$16,615
Jun 20184,61160.183.08$14,188
May 20184,87465.382.90$14,139
Apr 20184,28663.842.90$12,433
Mar 20185,53961.222.79$15,436
Feb 20184,81561.782.77$13,319
Jan 20184,26962.874.01$17,116
Dec 20174,31657.272.92$12,609
Nov 20174,67555.423.12$14,578
Oct 20175,13849.292.98$15,330
Sep 20174,61047.523.09$14,232
Aug 20174,35345.373.00$13,078
Jul 20174,46043.873.09$13,769
Jun 20174,86642.493.09$15,023
May 20175,13745.373.26$16,764
Apr 20175,07147.933.21$16,286
Mar 20175,13646.772.98$15,324
Feb 20175,18250.452.95$15,300
Jan 20176,34049.413.42$21,675
Dec 20166,79548.763.72$25,297
Nov 20166,76142.492.64$17,878
Oct 20164,01646.193.09$12,410
Sep 20164,72841.553.10$14,660
Aug 20163,99841.442.92$11,692
Jul 20163,46141.622.92$10,121
Jun 20163,28545.352.69$8,823
May 20164,21442.521.99$8,390
Apr 20164,68736.561.99$9,332
Mar 20164,97633.011.79$8,927
Feb 20165,58826.472.06$11,532
Jan 20165,39827.352.36$12,763
Dec 20155,60132.362.00$11,210
Nov 20156,14938.792.17$13,327
Oct 20156,28743.552.43$15,256
Sep 20155,93042.992.76$16,357
Aug 20156,73840.162.87$19,355
Jul 20156,14748.152.95$18,103
Jun 20155,97556.152.88$17,225
May 20153,62255.212.96$10,705
Apr 20155,82249.822.71$15,758
Mar 20154,71142.892.93$13,825
Feb 20155,76744.662.98$17,164
Jan 20156,08843.433.10$18,877
Dec 20144,36854.693.59$15,687
Nov 20145,85170.464.25$24,878
Oct 20145,93378.303.90$23,144
Sep 20145,06386.164.05$20,482
Aug 20146,34589.394.04$25,603
Jul 20147,69196.564.18$32,145
Jun 20148,39098.164.74$39,742
May 20146,60594.734.73$31,219
Apr 20148,72495.944.81$41,955
Mar 20148,69495.895.06$43,964
Feb 20147,34897.406.19$45,499
Jan 20149,04990.404.86$43,985
Dec 20137,83291.824.35$34,104
Nov 20135,23488.853.74$19,566
Oct 20135,74297.423.78$21,701
Sep 20136,725104.113.72$25,002
Aug 20135,567104.253.52$19,610
Jul 20136,973102.523.72$25,924
Jun 20134,84094.403.93$19,038
May 20135,39394.834.15$22,376
Apr 20136,89993.964.28$29,546
Mar 20137,90293.623.91$30,920
Feb 20133,95991.233.42$13,539
Jan 20136,98291.603.42$23,878
Dec 20128,39086.773.42$28,695
Nov 20124,04286.953.62$14,652
Oct 20125,82589.383.40$19,803
Sep 20126,81694.672.92$19,892
Aug 20127,44092.662.91$21,637
Jul 20128,18085.133.02$24,710
Jun 20128,00579.822.52$20,165
May 20128,55991.612.49$21,298
Apr 20124,536101.652.00$9,057
Mar 20127,569105.052.22$16,819
Feb 20127,452101.102.57$19,153
Jan 20127,93498.092.73$21,692
Dec 20118,45196.873.24$27,379
Nov 20116,72595.723.31$22,268
Oct 20118,57384.983.65$31,279
Sep 20118,35083.623.99$33,281
Aug 20118,17683.404.15$33,925
Jul 20117,90194.144.52$35,691
Jun 20119,98392.904.64$46,320
May 20118,33198.134.40$36,697
Apr 20118,995105.964.33$38,978
Mar 20119,90796.364.06$40,196
Feb 20119,06885.644.18$37,904
Jan 20119,98286.504.59$45,805
Dec 201010,83885.734.35$47,121
Nov 20109,82080.843.80$37,270
Oct 201011,22178.103.51$39,373
Sep 20108,97672.633.98$35,720
Aug 201011,08873.684.42$49,002
Jul 20109,29772.554.74$44,035
Jun 201010,49570.364.91$51,535
May 201010,92171.124.24$46,253
Apr 201011,17381.694.12$46,063
Mar 201010,04978.394.39$44,102
Feb 20109,66273.585.44$52,584
Jan 201012,23674.365.96$72,977
Dec 200914,02571.445.48$76,910
Nov 200912,62974.593.75$47,378
Oct 200911,00572.544.11$45,233
Sep 200914,76565.543.06$45,251
Aug 200913,87567.423.22$44,657
Jul 200914,66261.133.46$50,797
Jun 200915,65866.163.90$60,988
May 200916,49554.743.93$64,755
Apr 200917,16246.773.59$61,569
Mar 200917,43942.144.06$70,785
Feb 200917,09232.814.63$79,187
Jan 200921,35435.865.37$114,692
Dec 200823,82937.105.98$142,429
Nov 200821,00355.496.86$144,088
Oct 20081,50675.246.92$10,425
Sep 200810,220101.767.88$80,504
Aug 200812,659114.228.48$107,387
Jul 200816,216131.0811.39$184,691
Jun 200817,339131.3313.03$225,973
May 200818,634123.1711.57$215,675
Apr 200819,914110.3110.45$208,198
Mar 200818,250101.909.66$176,369
Feb 200820,80492.538.77$182,463
Jan 200823,32490.388.21$191,390
Dec 200724,04988.337.30$175,605
Nov 200726,49891.677.29$193,215
Oct 200731,34482.856.92$216,963
Sep 200731,17475.846.24$194,655
Aug 200732,58869.066.39$208,170
Jul 200738,15970.906.39$243,757
Jun 200739,22562.007.55$296,088
May 200746,42858.747.85$364,287
Apr 200750,32659.617.81$392,805
Mar 200745,21056.927.30$330,122
Feb 200752,87955.108.22$434,454
Jan 200755,40250.306.73$372,681
Dec 200654,30556.656.92$375,706
Nov 200688,49254.207.62$674,086
Oct 200696,90354.906.01$582,755
Sep 20062,61960.085.04$13,192

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
Gas                2,336 Mcf  × $  3.05 =     $7,115

────────────────────────────────────────────────────
Month total                                   $7,115

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/231311 is the state's own key, not one this site invented.