VANCE 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 233447District 09Field 65280200GasSaveExport
Value, all time
$12.3 M
Jul 2007 – May 2026
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
227
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
GasProduction2,399,268 Mcf$12,264,193
Total$12,264,193

Every month this lease reported (227)

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

227 months

May 20263,192106.413.05$9,722
Apr 20263,22498.932.87$9,252
Mar 20262,91789.753.15$9,187
Feb 20262,73063.503.75$10,238
Jan 20262,91459.138.00$23,306
Dec 20253,09056.664.41$13,637
Nov 20253,04758.593.93$11,964
Oct 20253,26359.383.30$10,784
Sep 20253,25762.743.08$10,022
Aug 20253,40463.933.01$10,262
Jul 20253,19666.743.32$10,595
Jun 20253,16766.483.13$9,909
May 20253,40060.553.23$10,990
Apr 20253,53762.363.54$12,532
Mar 20253,62867.704.27$15,485
Feb 20252,96870.884.34$12,884
Jan 20253,36474.324.28$14,393
Dec 20243,73668.993.12$11,661
Nov 20243,67069.052.20$8,068
Oct 20243,92171.372.28$8,945
Sep 20243,61869.612.36$8,554
Aug 20243,25775.632.06$6,721
Jul 20243,15679.932.15$6,775
Jun 20243,24178.082.63$8,537
May 20243,42878.812.20$7,536
Apr 20243,29984.451.66$5,474
Mar 20243,67980.301.55$5,685
Feb 20243,26176.091.78$5,816
Jan 20242,64773.023.30$8,729
Dec 20233,58171.262.61$9,349
Nov 20233,62077.892.81$10,163
Oct 20233,56985.443.09$11,019
Sep 20233,57589.042.74$9,778
Aug 20233,73880.522.67$9,991
Jul 20233,66174.852.64$9,672
Jun 20233,71068.962.26$8,379
May 20233,89470.622.23$8,674
Apr 20233,57978.122.24$8,009
Mar 20233,73372.852.39$8,934
Feb 20233,43775.112.47$8,475
Jan 20233,83276.533.39$12,982
Dec 20223,61576.415.73$20,711
Nov 20224,06485.005.65$22,946
Oct 20223,76087.185.86$22,048
Sep 20223,58984.888.16$29,299
Aug 20223,93394.529.13$35,897
Jul 20223,944101.587.54$29,746
Jun 20223,892115.097.98$31,047
May 20223,919109.378.43$33,049
Apr 20223,987104.226.84$27,262
Mar 20224,203108.885.08$21,336
Feb 20223,97491.054.86$19,309
Jan 20224,25781.844.54$19,317
Dec 20214,05771.323.90$15,819
Nov 20213,92277.435.24$20,539
Oct 20214,02579.795.71$22,998
Sep 20213,79769.865.35$20,317
Aug 20214,38866.024.22$18,520
Jul 20214,34670.783.98$17,306
Jun 20214,12369.493.38$13,938
May 20214,69163.483.02$14,156
Apr 20214,46660.362.76$12,319
Mar 20214,73461.302.72$12,862
Feb 20214,15157.805.55$23,030
Jan 20214,89850.412.81$13,765
Dec 20205,15844.642.68$13,800
Nov 20204,45638.772.71$12,060
Oct 20204,97836.972.48$12,338
Sep 20204,78337.091.99$9,523
Aug 20205,05639.982.39$12,059
Jul 20204,77338.371.83$8,711
Jun 20204,81034.901.69$8,130
May 20204,88016.921.81$8,856
Apr 20204,92414.751.80$8,885
Mar 20205,33430.341.86$9,901
Feb 20205,03249.881.98$9,967
Jan 20205,50757.252.09$11,536
Dec 20194,97659.012.30$11,467
Nov 20195,15855.302.75$14,188
Oct 20195,54853.472.42$13,418
Sep 20195,07255.052.66$13,478
Aug 20195,38953.112.30$12,418
Jul 20195,80556.272.46$14,281
Jun 20194,60952.782.49$11,482
May 20195,32558.482.74$14,592
Apr 20195,43262.632.75$14,942
Mar 20195,34056.803.06$16,352
Feb 20194,58750.852.79$12,808
Jan 20194,95246.033.23$15,986
Dec 20184,74646.594.19$19,864
Nov 20184,72952.934.24$20,038
Oct 20185,55961.443.40$18,890
Sep 20185,31059.543.11$16,503
Aug 20184,78059.403.07$14,658
Jul 20185,15865.142.93$15,123
Jun 20185,64560.183.08$17,369
May 20185,92065.382.90$17,173
Apr 20185,32363.842.90$15,441
Mar 20185,85161.222.79$16,306
Feb 20185,40261.782.77$14,943
Jan 20186,21862.874.01$24,930
Dec 20176,36857.272.92$18,604
Nov 20176,17455.423.12$19,253
Oct 20176,55749.292.98$19,564
Sep 20176,43447.523.09$19,864
Aug 20176,58045.373.00$19,769
Jul 20176,83843.873.09$21,111
Jun 20176,55742.493.09$20,243
May 20176,96545.373.26$22,730
Apr 20176,71147.933.21$21,553
Mar 20177,23146.772.98$21,575
Feb 20176,88250.452.95$20,320
Jan 20177,37249.413.42$25,203
Dec 20167,45648.763.72$27,757
Nov 20167,71642.492.64$20,404
Oct 20168,55346.193.09$26,431
Sep 20166,50241.553.10$20,160
Aug 20161,08441.442.92$3,170
Jul 20166,20441.622.92$18,143
Jun 20166,47545.352.69$17,391
May 20166,67542.521.99$13,290
Apr 20166,91236.561.99$13,762
Mar 20167,77833.011.79$13,954
Feb 20167,67326.472.06$15,834
Jan 20168,55627.352.36$20,229
Dec 20151,94532.362.00$3,893
Nov 20156,68938.792.17$14,497
Oct 20157,74943.552.43$18,804
Sep 20156,02742.992.76$16,625
Aug 20157,66140.162.87$22,006
Jul 20157,95948.152.95$23,440
Jun 20157,59956.152.88$21,907
May 20158,38655.212.96$24,784
Apr 20158,55749.822.71$23,160
Mar 20159,07142.892.93$26,621
Feb 20157,49644.662.98$22,310
Jan 20156,34143.433.10$19,661
Dec 20148,02254.693.59$28,810
Nov 20148,27570.464.25$35,184
Oct 20149,08978.303.90$35,456
Sep 20149,75686.164.05$39,467
Aug 201410,75989.394.04$43,414
Jul 201411,02796.564.18$46,088
Jun 20149,21798.164.74$43,660
May 20148,72194.734.73$41,220
Apr 20148,38495.944.81$40,320
Mar 20149,16195.895.06$46,325
Feb 20145,98597.406.19$37,059
Jan 20147,78290.404.86$37,826
Dec 20139,06891.824.35$39,486
Nov 20138,96788.853.74$33,521
Oct 20139,56197.423.78$36,134
Sep 20138,812104.113.72$32,761
Aug 20139,764104.253.52$34,395
Jul 20139,757102.523.72$36,274
Jun 20139,37094.403.93$36,856
May 201310,21194.834.15$42,366
Apr 201310,79393.964.28$46,222
Mar 201310,87193.623.91$42,537
Feb 201310,10491.233.42$34,555
Jan 20139,84391.603.42$33,662
Dec 20129,93586.773.42$33,979
Nov 201210,24586.953.62$37,138
Oct 201210,68189.383.40$36,312
Sep 20127,46894.672.92$21,795
Aug 201211,96792.662.91$34,802
Jul 201212,80185.133.02$38,669
Jun 20128,34279.822.52$21,014
May 20129,63591.612.49$23,975
Apr 20128,982101.652.00$17,935
Mar 20128,156105.052.22$18,123
Feb 20129,698101.102.57$24,926
Jan 20129,75098.092.73$26,657
Dec 201110,71596.873.24$34,714
Nov 201110,58795.723.31$35,057
Oct 201110,46884.983.65$38,193
Sep 201110,37783.623.99$41,361
Aug 201112,60883.404.15$52,315
Jul 201113,95194.144.52$63,020
Jun 201113,30192.904.64$61,715
May 201114,46698.134.40$63,720
Apr 201114,147105.964.33$61,303
Mar 201115,08196.364.06$61,189
Feb 201113,06385.644.18$54,603
Jan 201116,19186.504.59$74,297
Dec 201015,65985.734.35$68,081
Nov 201016,67480.843.80$63,283
Oct 201017,90578.103.51$62,827
Sep 201018,56672.633.98$73,883
Aug 201017,01873.684.42$75,209
Jul 20106,12372.554.74$29,002
Jun 20108,06370.364.91$39,593
May 201019,27971.124.24$81,651
Apr 201016,39681.694.12$67,596
Mar 201013,96878.394.39$61,301
Feb 20109,02473.585.44$49,112
Jan 201010,93374.365.96$65,205
Dec 20097,72271.445.48$42,346
Nov 20098,21474.593.75$30,815
Oct 200917,86072.544.11$73,409
Sep 200917,34165.543.06$53,146
Aug 200919,43367.423.22$62,545
Jul 200919,20361.133.46$66,529
Jun 200919,54066.163.90$76,108
May 200922,11654.743.93$86,822
Apr 200922,63846.773.59$81,214
Mar 200924,29242.144.06$98,601
Feb 200922,74632.814.63$105,382
Jan 200926,09335.865.37$140,146
Dec 200826,53237.105.98$158,585
Nov 200824,04855.496.86$164,978
Oct 200830,91875.246.92$214,014
Sep 200830,179101.767.88$237,723
Aug 200834,427114.228.48$292,045
Jul 200835,611131.0811.39$405,589
Jun 200820,230131.3313.03$263,650
May 200838,094123.1711.57$440,911
Apr 200836,290110.3110.45$379,407
Mar 200839,316101.909.66$379,953
Feb 200843,91292.538.77$385,134
Jan 200850,59190.388.21$415,136
Dec 200754,98788.337.30$401,513
Nov 200760,50191.677.29$441,155
Oct 200771,54082.856.92$495,198
Sep 200780,25875.846.24$501,144
Aug 200799,18669.066.39$633,594
Jul 200757,79570.906.39$369,191

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                3,192 Mcf  × $  3.05 =     $9,722

────────────────────────────────────────────────────
Month total                                   $9,722

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/233447 is the state's own key, not one this site invented.