MCADOO

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 233398District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.6 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition6 bbl$557
GasProduction1,152,843 Mcf$6,561,417
Total$6,561,974

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 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 20240069.052.20$0
Oct 20240071.372.28$0
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 20220091.054.86$0
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201913455.052.66$145
Aug 20190053.112.30$0
Jul 201919156.272.46$280
Jun 201903052.782.49$75
May 2019019558.482.74$534
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019057950.852.79$1,617
Jan 201902,69146.033.23$8,687
Dec 201801,30446.594.19$5,458
Nov 20180052.934.24$0
Oct 201805861.443.40$197
Sep 201801,10059.543.11$3,419
Aug 201802,49559.403.07$7,651
Jul 201802,61465.142.93$7,664
Jun 201802,00760.183.08$6,175
May 201801,86565.382.90$5,410
Apr 201802,38663.842.90$6,921
Mar 201802,50361.222.79$6,975
Feb 201801,99761.782.77$5,524
Jan 201801,05962.874.01$4,246
Dec 201702,02457.272.92$5,913
Nov 201702,08455.423.12$6,499
Oct 201701,66249.292.98$4,959
Sep 201702,28947.523.09$7,067
Aug 201702,37745.373.00$7,141
Jul 201701,73443.873.09$5,353
Jun 201701,44942.493.09$4,473
May 201702,10145.373.26$6,856
Apr 2017094847.933.21$3,045
Mar 201701,82046.772.98$5,430
Feb 201701,71350.452.95$5,058
Jan 201702,03949.413.42$6,971
Dec 201601,94348.763.72$7,233
Nov 201602,38542.492.64$6,307
Oct 201602,17946.193.09$6,734
Sep 201602,14341.553.10$6,645
Aug 201602,48341.442.92$7,261
Jul 201602,63441.622.92$7,703
Jun 201602,20545.352.69$5,922
May 201602,52242.521.99$5,021
Apr 201603,23736.561.99$6,445
Mar 201603,33933.011.79$5,990
Feb 201603,30726.472.06$6,824
Jan 201603,80527.352.36$8,996
Dec 201501,51932.362.00$3,040
Nov 201503,63638.792.17$7,880
Oct 201503,18343.552.43$7,724
Sep 201503,74942.992.76$10,341
Aug 201503,54340.162.87$10,177
Jul 201502,23448.152.95$6,579
Jun 201504,08956.152.88$11,788
May 201503,75955.212.96$11,110
Apr 201504,55549.822.71$12,328
Mar 201504,63442.892.93$13,599
Feb 201503,22644.662.98$9,601
Jan 201504,56043.433.10$14,139
Dec 201404,67354.693.59$16,782
Nov 201404,61170.464.25$19,605
Oct 201404,77478.303.90$18,623
Sep 201404,88986.164.05$19,778
Aug 201405,26589.394.04$21,245
Jul 201405,29596.564.18$22,131
Jun 201405,55298.164.74$26,299
May 201405,96494.734.73$28,189
Apr 201405,90095.944.81$28,374
Mar 201406,79995.895.06$34,381
Feb 201405,83197.406.19$36,106
Jan 201405,53590.404.86$26,904
Dec 201305,85691.824.35$25,500
Nov 201306,54788.853.74$24,475
Oct 201307,19697.423.78$27,196
Sep 201307,086104.113.72$26,344
Aug 201307,463104.253.52$26,289
Jul 201307,824102.523.72$29,088
Jun 201307,52394.403.93$29,591
May 201308,67794.834.15$36,002
Apr 201308,43893.964.28$36,136
Mar 201308,88993.623.91$34,782
Feb 201308,34891.233.42$28,549
Jan 201304,78591.603.42$16,364
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201204,44692.662.91$12,930
Jul 201208,93285.133.02$26,982
Jun 201202,06279.822.52$5,194
May 2012054991.612.49$1,366
Apr 201201,422101.652.00$2,839
Mar 201208,308105.052.22$18,461
Feb 20120477101.102.57$1,226
Jan 201208,03998.092.73$21,979
Dec 201103,27896.873.24$10,620
Nov 201105,66695.723.31$18,762
Oct 201104,42984.983.65$16,159
Sep 201105,08983.623.99$20,284
Aug 201104,62483.404.15$19,186
Jul 201105,89894.144.52$26,643
Jun 201104,50992.904.64$20,921
May 201108,13598.134.40$35,833
Apr 201107,953105.964.33$34,463
Mar 201107,96396.364.06$32,309
Feb 201109,36085.644.18$39,125
Jan 201103,96186.504.59$18,176
Dec 201005,12085.734.35$22,260
Nov 201004,99280.843.80$18,946
Oct 201009,02978.103.51$31,682
Sep 201005,96872.633.98$23,749
Aug 201006,76373.684.42$29,888
Jul 2010011,95272.554.74$56,611
Jun 2010011,28070.364.91$55,389
May 201007,56371.124.24$32,031
Apr 201007,56681.694.12$31,192
Mar 2010011,09578.394.39$48,692
Feb 2010012,28273.585.44$66,843
Jan 2010012,50974.365.96$74,605
Dec 2009014,22271.445.48$77,990
Nov 2009010,42174.593.75$39,094
Oct 2009014,29972.544.11$58,772
Sep 2009016,77665.543.06$51,414
Aug 200905,79567.423.22$18,651
Jul 200902,60961.133.46$9,039
Jun 2009010,42166.163.90$40,590
May 200906,92654.743.93$27,190
Apr 2009017,02646.773.59$61,081
Mar 2009018,54942.144.06$75,290
Feb 2009017,48832.814.63$81,022
Jan 2009021,99735.865.37$118,146
Dec 2008024,14137.105.98$144,294
Nov 2008014,97155.496.86$102,706
Oct 200805,75575.246.92$39,836
Sep 200800101.767.88$0
Aug 2008010,023114.228.48$85,025
Jul 2008021,144131.0811.39$240,818
Jun 2008016,532131.3313.03$215,455
May 2008125,872123.1711.57$299,573
Apr 2008211,032110.3110.45$115,559
Mar 2008118,992101.909.66$183,642
Feb 2008022,91292.538.77$200,952
Jan 2008016,42790.388.21$134,796
Dec 2007012,77488.337.30$93,275
Nov 2007032,33591.677.29$235,777
Oct 2007028,26582.856.92$195,650
Sep 2007037,18775.846.24$232,202
Aug 2007040,65869.066.39$259,721
Jul 2007043,95070.906.39$280,750
Jun 2007053,51562.007.55$403,955
May 2007069,97358.747.85$549,028
Apr 200704,80059.617.81$37,465

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.

Sep 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 55.05 =        $55
Gas                   34 Mcf  × $  2.66 =        $90

────────────────────────────────────────────────────
Month total                                     $145

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/233398 is the state's own key, not one this site invented.