PYRAMID ACRES UNIT NO. 3

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 231649District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.1 M
May 2006 – May 2026
Value, last 12 filed months
$256 k
at the published price for each month
Months reported
241
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
CondensateDisposition394 bbl$30,775
GasProduction2,609,728 Mcf$12,053,801
Total$12,084,576

Every month this lease reported (241)

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

241 months

May 202606,644106.413.05$20,237
Apr 202606,67898.932.87$19,164
Mar 202606,52389.753.15$20,544
Feb 202605,12563.503.75$19,220
Jan 202605,19759.138.00$41,565
Dec 202505,54156.664.41$24,454
Nov 202505,28158.593.93$20,736
Oct 202505,70359.383.30$18,848
Sep 202555,41762.743.08$16,981
Aug 202505,27363.933.01$15,897
Jul 202505,90966.743.32$19,590
Jun 202505,96166.483.13$18,650
May 202506,13260.553.23$19,821
Apr 202505,89062.363.54$20,869
Mar 202506,14867.704.27$26,242
Feb 202505,35170.884.34$23,228
Jan 202505,59374.324.28$23,931
Dec 202405,74168.993.12$17,920
Nov 202405,67469.052.20$12,474
Oct 202405,71571.372.28$13,038
Sep 202405,33369.612.36$12,609
Aug 202406,16375.632.06$12,718
Jul 202406,44879.932.15$13,841
Jun 202406,30278.082.63$16,599
May 202406,58578.812.20$14,477
Apr 202406,18584.451.66$10,262
Mar 202406,48980.301.55$10,026
Feb 202406,07276.091.78$10,830
Jan 202406,47073.023.30$21,336
Dec 202306,59871.262.61$17,226
Nov 202306,27077.892.81$17,603
Oct 202306,40085.443.09$19,759
Sep 202306,25489.042.74$17,105
Aug 202306,36880.522.67$17,021
Jul 202306,63874.852.64$17,536
Jun 202306,50268.962.26$14,685
May 202306,94670.622.23$15,472
Apr 202306,70878.122.24$15,011
Mar 202307,03572.852.39$16,836
Feb 202306,40575.112.47$15,793
Jan 202307,08476.533.39$23,999
Dec 202206,77376.415.73$38,803
Nov 202206,79285.005.65$38,349
Oct 202207,08187.185.86$41,521
Sep 202206,96384.888.16$56,844
Aug 202207,12794.529.13$65,049
Jul 202207,198101.587.54$54,288
Jun 202207,043115.097.98$56,183
May 202207,302109.378.43$61,578
Apr 202207,038104.226.84$48,123
Mar 202207,258108.885.08$36,845
Feb 202206,27591.054.86$30,489
Jan 202207,08281.844.54$32,136
Dec 202107,23471.323.90$28,206
Nov 202107,09777.435.24$37,166
Oct 202107,38079.795.71$42,168
Sep 202107,13369.865.35$38,168
Aug 202107,75066.024.22$32,710
Jul 202107,54670.783.98$30,049
Jun 202107,46969.493.38$25,250
May 202107,67663.483.02$23,164
Apr 202107,78960.362.76$21,485
Mar 202109,65961.302.72$26,243
Feb 202102,09457.805.55$11,617
Jan 202106,84750.412.81$19,242
Dec 202007,58444.642.68$20,291
Nov 202007,30438.772.71$19,769
Oct 202007,57136.972.48$18,764
Sep 202007,39637.091.99$14,726
Aug 202007,53739.982.39$17,977
Jul 202007,73138.371.83$14,110
Jun 202007,48434.901.69$12,650
May 202008,00416.921.81$14,525
Apr 202008,33214.751.80$15,034
Mar 202008,51430.341.86$15,804
Feb 202007,74949.881.98$15,348
Jan 202008,07357.252.09$16,911
Dec 201908,17859.012.30$18,845
Nov 201907,59455.302.75$20,889
Oct 201908,05653.472.42$19,484
Sep 201907,93455.052.66$21,083
Aug 201908,26653.112.30$19,048
Jul 201908,21056.272.46$20,197
Jun 201907,67952.782.49$19,130
May 201908,07158.482.74$22,117
Apr 201908,01262.632.75$22,039
Mar 201908,23256.803.06$25,207
Feb 201907,54550.852.79$21,067
Jan 201908,22546.033.23$26,552
Dec 201808,49646.594.19$35,560
Nov 201808,11352.934.24$34,377
Oct 201808,44061.443.40$28,680
Sep 201808,47659.543.11$26,343
Aug 201808,59659.403.07$26,360
Jul 201808,48265.142.93$24,868
Jun 201808,21660.183.08$25,280
May 201808,91765.382.90$25,866
Apr 2018218,75763.842.90$26,743
Mar 201809,09861.222.79$25,355
Feb 201808,20161.782.77$22,685
Jan 201809,28662.874.01$37,231
Dec 201708,65857.272.92$25,295
Nov 201708,60955.423.12$26,846
Oct 201709,45449.292.98$28,208
Sep 201708,74247.523.09$26,989
Aug 201709,04245.373.00$27,166
Jul 201709,17343.873.09$28,320
Jun 201708,18442.493.09$25,266
May 201708,87145.373.26$28,950
Apr 2017109,70747.933.21$31,654
Mar 201708,83946.772.98$26,373
Feb 201708,15250.452.95$24,070
Jan 201708,86249.413.42$30,297
Dec 201608,68048.763.72$32,314
Nov 201608,61742.492.64$22,786
Oct 201608,80246.193.09$27,200
Sep 201608,69141.553.10$26,948
Aug 201609,04041.442.92$26,436
Jul 201609,00541.622.92$26,334
Jun 201608,82545.352.69$23,702
May 201608,69942.521.99$17,320
Apr 201608,65036.561.99$17,223
Mar 201608,98733.011.79$16,123
Feb 201698,29726.472.06$17,360
Jan 201609,47527.352.36$22,402
Dec 201509,10432.362.00$18,221
Nov 201508,58538.792.17$18,607
Oct 201509,18843.552.43$22,295
Sep 201509,22042.992.76$25,433
Aug 201509,18540.162.87$26,384
Jul 201509,57848.152.95$28,208
Jun 201509,56956.152.88$27,586
May 2015239,99855.212.96$30,818
Apr 201509,47849.822.71$25,653
Mar 201509,51342.892.93$27,918
Feb 2015518,48644.662.98$27,534
Jan 201509,80743.433.10$30,408
Dec 2014010,66954.693.59$38,316
Nov 2014010,54970.464.25$44,853
Oct 20143010,18578.303.90$42,080
Sep 2014139,31086.164.05$38,783
Aug 20143810,00089.394.04$43,748
Jul 201409,81996.564.18$41,039
Jun 201405,93098.164.74$28,090
May 201409,71694.734.73$45,923
Apr 2014010,61395.944.81$51,039
Mar 2014010,69695.895.06$54,088
Feb 201409,72297.406.19$60,199
Jan 2014010,89690.404.86$52,962
Dec 2013011,14391.824.35$48,522
Nov 2013010,60288.853.74$39,633
Oct 2013011,06597.423.78$41,819
Sep 2013010,883104.113.72$40,460
Aug 2013011,170104.253.52$39,348
Jul 2013011,452102.523.72$42,576
Jun 2013011,02694.403.93$43,370
May 2013011,71294.834.15$48,594
Apr 201318211,52293.964.28$66,445
Mar 2013011,67293.623.91$45,671
Feb 2013010,47691.233.42$35,827
Jan 2013011,53791.603.42$39,456
Dec 2012011,56486.773.42$39,551
Nov 2012011,52086.953.62$41,760
Oct 2012012,21689.383.40$41,530
Sep 2012011,96994.672.92$34,930
Aug 2012012,11692.662.91$35,235
Jul 2012012,23685.133.02$36,963
Jun 2012011,82279.822.52$29,780
May 2012012,36691.612.49$30,771
Apr 2012013,080101.652.00$26,118
Mar 2012012,920105.052.22$28,709
Feb 2012011,003101.102.57$28,280
Jan 2012012,74698.092.73$34,849
Dec 2011011,61496.873.24$37,626
Nov 2011012,02895.723.31$39,828
Oct 2011012,34584.983.65$45,041
Sep 2011014,76583.623.99$58,850
Aug 2011013,48983.404.15$55,970
Jul 2011014,94894.144.52$67,524
Jun 2011012,18992.904.64$56,556
May 201106,93598.134.40$30,547
Apr 2011013,483105.964.33$58,426
Mar 2011014,23896.364.06$57,768
Feb 2011012,65485.644.18$52,893
Jan 2011014,16386.504.59$64,991
Dec 2010014,59485.734.35$63,451
Nov 2010014,30980.843.80$54,307
Oct 2010014,96278.103.51$52,500
Sep 2010014,57972.633.98$58,017
Aug 2010015,71773.684.42$69,459
Jul 2010016,22372.554.74$76,840
Jun 2010015,97570.364.91$78,444
May 2010016,78471.124.24$71,084
Apr 2010016,18781.694.12$66,734
Mar 2010016,86678.394.39$74,019
Feb 2010015,19773.585.44$82,708
Jan 2010016,67474.365.96$99,445
Dec 2009016,07871.445.48$88,168
Nov 2009017,43474.593.75$65,404
Oct 2009018,36572.544.11$75,485
Sep 2009018,08565.543.06$55,426
Aug 2009019,46667.423.22$62,651
Jul 2009019,36161.133.46$67,076
Jun 2009019,25266.163.90$74,987
May 2009020,52254.743.93$80,564
Apr 2009019,71746.773.59$70,735
Mar 2009020,52042.144.06$83,291
Feb 2009019,04532.814.63$88,235
Jan 2009021,96735.865.37$117,985
Dec 2008022,70837.105.98$135,729
Nov 2008022,35955.496.86$153,391
Oct 2008024,01375.246.92$166,218
Sep 2008024,355101.767.88$191,847
Aug 2008026,056114.228.48$221,034
Jul 2008027,180131.0811.39$309,565
Jun 2008027,465131.3313.03$357,941
May 2008031,259123.1711.57$361,801
Apr 2008034,246110.3110.45$358,037
Mar 2008142,517101.909.66$410,989
Feb 2008247,06692.538.77$412,981
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006011,47156.656.92$79,361
Nov 2006031,30554.207.62$238,465
Oct 2006037,53754.906.01$225,740
Sep 2006238,44360.085.04$193,765
Aug 2006541,63868.717.34$305,963
Jul 2006250,40169.376.34$319,820
Jun 2006064,56866.286.38$412,194
May 20060066.016.42$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                6,644 Mcf  × $  3.05 =    $20,237

────────────────────────────────────────────────────
Month total                                  $20,237

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/231649 is the state's own key, not one this site invented.