VIRGINIA RICHARDSON UNIT

Operated by BKV BARNETT II, LLC (P-5 103758) 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 231648District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.3 M
Apr 2007 – May 2026
Value, last 12 filed months
$205 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
CondensateDisposition4,685 bbl$378,953
GasProduction2,289,822 Mcf$10,959,376
Total$11,338,328

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 202605,492106.413.05$16,728
Apr 202604,55498.932.87$13,069
Mar 202602,87789.753.15$9,061
Feb 202602,26363.503.75$8,487
Jan 202604,94559.138.00$39,550
Dec 202504,80756.664.41$21,215
Nov 202504,27658.593.93$16,789
Oct 202504,70359.383.30$15,543
Sep 2025874,58762.743.08$19,572
Aug 202504,68463.933.01$14,121
Jul 202504,71066.743.32$15,615
Jun 202504,75366.483.13$14,871
May 202505,09460.553.23$16,465
Apr 202505,08662.363.54$18,020
Mar 202505,32967.704.27$22,746
Feb 202504,69270.884.34$20,367
Jan 202504,72074.324.28$20,195
Dec 202405,08168.993.12$15,860
Nov 202404,97169.052.20$10,928
Oct 202405,19571.372.28$11,852
Sep 202404,86269.612.36$11,496
Aug 202405,15575.632.06$10,638
Jul 202405,28679.932.15$11,347
Jun 202405,11778.082.63$13,478
May 202405,27378.812.20$11,592
Apr 202405,08384.451.66$8,434
Mar 202405,30480.301.55$8,195
Feb 202404,98576.091.78$8,891
Jan 202405,30773.023.30$17,501
Dec 202305,32071.262.61$13,889
Nov 202305,21077.892.81$14,627
Oct 202305,34785.443.09$16,508
Sep 202305,13789.042.74$14,050
Aug 202305,34780.522.67$14,292
Jul 202305,34074.852.64$14,107
Jun 202305,23868.962.26$11,830
May 202305,46770.622.23$12,177
Apr 202305,28878.122.24$11,833
Mar 202305,49472.852.39$13,148
Feb 202305,02375.112.47$12,385
Jan 202305,53576.533.39$18,751
Dec 202204,83876.415.73$27,717
Nov 202205,43885.005.65$30,704
Oct 202205,64287.185.86$33,083
Sep 202205,44184.888.16$44,419
Aug 202205,68294.529.13$51,861
Jul 202205,674101.587.54$42,794
Jun 202205,504115.097.98$43,907
May 202205,720109.378.43$48,237
Apr 202205,559104.226.84$38,010
Mar 202205,822108.885.08$29,555
Feb 202205,29891.054.86$25,742
Jan 202205,83081.844.54$26,455
Dec 202105,92871.323.90$23,114
Nov 202105,81877.435.24$30,468
Oct 202106,14079.795.71$35,083
Sep 202105,60969.865.35$30,013
Aug 202105,97966.024.22$25,235
Jul 202105,99870.783.98$23,885
Jun 202105,84369.493.38$19,753
May 202106,11863.483.02$18,462
Apr 202105,89260.362.76$16,253
Mar 202106,08861.302.72$16,541
Feb 202105,70857.805.55$31,668
Jan 202106,23850.412.81$17,530
Dec 202006,23444.642.68$16,679
Nov 202006,09038.772.71$16,483
Oct 202006,31736.972.48$15,656
Sep 202006,15137.091.99$12,247
Aug 202006,27939.982.39$14,976
Jul 202006,30638.371.83$11,509
Jun 202006,13934.901.69$10,377
May 202006,41916.921.81$11,649
Apr 202006,22414.751.80$11,230
Mar 20201826,39830.341.86$17,398
Feb 202006,03849.881.98$11,959
Jan 202006,55557.252.09$13,731
Dec 201906,62159.012.30$15,257
Nov 201906,24055.302.75$17,164
Oct 201906,59053.472.42$15,938
Sep 201906,40055.052.66$17,007
Aug 201906,54653.112.30$15,084
Jul 201906,89956.272.46$16,972
Jun 201906,75352.782.49$16,823
May 201907,03758.482.74$19,284
Apr 201906,89062.632.75$18,952
Mar 201907,13156.803.06$21,836
Feb 201906,41850.852.79$17,920
Jan 201907,19046.033.23$23,211
Dec 201807,18846.594.19$30,085
Nov 201807,02452.934.24$29,762
Oct 201807,28261.443.40$24,745
Sep 201807,21559.543.11$22,424
Aug 201807,28559.403.07$22,340
Jul 201807,12665.142.93$20,893
Jun 201806,93060.183.08$21,323
May 201806,98865.382.90$20,271
Apr 201806,85463.842.90$19,882
Mar 201807,34561.222.79$20,469
Feb 201806,57661.782.77$18,190
Jan 201807,18762.874.01$28,815
Dec 201707,32057.272.92$21,386
Nov 201707,12055.423.12$22,203
Oct 201707,15849.292.98$21,357
Sep 201706,89547.523.09$21,287
Aug 201707,28345.373.00$21,881
Jul 20171177,86743.873.09$29,420
Jun 201707,50142.493.09$23,158
May 201707,61945.373.26$24,864
Apr 201707,36647.933.21$23,657
Mar 201707,68846.772.98$22,939
Feb 201707,01850.452.95$20,721
Jan 201707,59349.413.42$25,959
Dec 201607,54348.763.72$28,081
Nov 201607,80542.492.64$20,639
Oct 201607,84346.193.09$24,237
Sep 201607,65841.553.10$23,745
Aug 201608,03241.442.92$23,488
Jul 201608,23641.622.92$24,085
Jun 2016777,99145.352.69$24,954
May 201608,75142.521.99$17,424
Apr 2016498,64236.561.99$18,998
Mar 201608,45133.011.79$15,161
Feb 201607,61526.472.06$15,715
Jan 201608,29527.352.36$19,612
Dec 201508,34132.362.00$16,694
Nov 201508,06938.792.17$17,488
Oct 201508,30043.552.43$20,141
Sep 201508,08742.992.76$22,307
Aug 201508,37240.162.87$24,048
Jul 201508,51748.152.95$25,083
Jun 20151208,42456.152.88$31,023
May 201508,71455.212.96$25,754
Apr 201548,38749.822.71$22,899
Mar 201508,99742.892.93$26,404
Feb 201507,56444.662.98$22,512
Jan 201508,51543.433.10$26,402
Dec 201408,87854.693.59$31,884
Nov 201408,67470.464.25$36,880
Oct 201409,04878.303.90$35,296
Sep 20141188,75786.164.05$45,593
Aug 201409,06889.394.04$36,590
Jul 201408,95296.564.18$37,416
Jun 201408,63198.164.74$40,884
May 201409,07494.734.73$42,889
Apr 201408,88195.944.81$42,710
Mar 20141919,34995.895.06$65,591
Feb 201408,45197.406.19$52,329
Jan 201408,84590.404.86$42,993
Dec 2013010,01191.824.35$43,593
Nov 201308,98088.853.74$33,570
Oct 201309,37397.423.78$35,424
Sep 201308,974104.113.72$33,363
Aug 201309,111104.253.52$32,095
Jul 201309,262102.523.72$34,434
Jun 201308,89194.403.93$34,972
May 201308,91694.834.15$36,993
Apr 20131878,98993.964.28$56,067
Mar 201309,10993.623.91$35,642
Feb 201308,18691.233.42$27,995
Jan 201309,01391.603.42$30,824
Dec 201209,12286.773.42$31,199
Nov 201208,97586.953.62$32,534
Oct 201209,13889.383.40$31,066
Sep 201208,46894.672.92$24,713
Aug 201209,25892.662.91$26,924
Jul 201209,17685.133.02$27,719
Jun 201208,77579.822.52$22,105
May 201209,05191.612.49$22,522
Apr 20121599,035101.652.00$34,203
Mar 201209,202105.052.22$20,448
Feb 201207,852101.102.57$20,182
Jan 201208,86298.092.73$24,229
Dec 201108,86596.873.24$28,720
Nov 201108,88295.723.31$29,411
Oct 201109,48384.983.65$34,599
Sep 201108,15083.623.99$32,484
Aug 2011010,79283.404.15$44,779
Jul 2011019,88394.144.52$89,816
Jun 20111861,74292.904.64$25,362
May 20110098.134.40$0
Apr 2011022105.964.33$95
Mar 2011010,16696.364.06$41,247
Feb 201109,76485.644.18$40,813
Jan 2011010,26286.504.59$47,090
Dec 201028,50985.734.35$37,166
Nov 20101904,84380.843.80$33,740
Oct 2010110,90178.103.51$38,329
Sep 2010010,64172.633.98$42,346
Aug 201004,90073.684.42$21,655
Jul 2010015,84872.554.74$75,064
Jun 2010016,18770.364.91$79,485
May 2010016,61871.124.24$70,381
Apr 201019016,10681.694.12$81,921
Mar 201019016,82478.394.39$88,729
Feb 2010014,30873.585.44$77,869
Jan 201020415,14274.365.96$105,478
Dec 2009016,23171.445.48$89,007
Nov 2009018,14674.593.75$68,075
Oct 2009020,39772.544.11$83,837
Sep 2009020,34365.543.06$62,346
Aug 2009021,05767.423.22$67,772
Jul 2009018,80361.133.46$65,143
Jun 200919018,42866.163.90$84,347
May 200920219,46754.743.93$87,480
Apr 2009019,12546.773.59$68,611
Mar 2009020,19942.144.06$81,988
Feb 2009018,26432.814.63$84,617
Jan 2009020,95535.865.37$112,549
Dec 2008021,02137.105.98$125,645
Nov 200819620,96555.496.86$154,703
Oct 2008022,41875.246.92$155,177
Sep 2008021,740101.767.88$171,248
Aug 2008022,708114.228.48$192,632
Jul 200818621,872131.0811.39$273,490
Jun 200819918,084131.3313.03$261,817
May 200819125,098123.1711.57$314,017
Apr 2008025,981110.3110.45$271,628
Mar 2008127,673101.909.66$267,536
Feb 2008127,90992.538.77$244,871
Jan 200836830,38090.388.21$282,550
Dec 2007031,08088.337.30$226,945
Nov 200715633,18791.677.29$256,290
Oct 200718334,64282.856.92$254,953
Sep 200718534,03075.846.24$226,519
Aug 200718646,05069.066.39$307,010
Jul 2007044,48470.906.39$284,161
Jun 200718748,44962.007.55$377,309
May 2007062,27558.747.85$488,627
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                5,492 Mcf  × $  3.05 =    $16,728

────────────────────────────────────────────────────
Month total                                  $16,728

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/231648 is the state's own key, not one this site invented.