MADELON

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 233869District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.5 M
Nov 2006 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
235
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
CondensateDisposition36 bbl$2,729
GasProduction1,590,334 Mcf$8,537,899
Total$8,540,629

Every month this lease reported (235)

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

235 months

May 202601,796106.413.05$5,470
Apr 202602,60498.932.87$7,473
Mar 202602,45189.753.15$7,719
Feb 2026018063.503.75$675
Jan 2026017059.138.00$1,360
Dec 202502,08956.664.41$9,220
Nov 202501,34658.593.93$5,285
Oct 202502,14959.383.30$7,102
Sep 202502,15362.743.08$6,625
Aug 202502,40863.933.01$7,260
Jul 202502,38166.743.32$7,893
Jun 202501,71366.483.13$5,360
May 202501,85760.553.23$6,002
Apr 202501,81462.363.54$6,427
Mar 202502,18567.704.27$9,326
Feb 202502,04970.884.34$8,894
Jan 202502,39274.324.28$10,235
Dec 202402,58968.993.12$8,081
Nov 202402,49369.052.20$5,481
Oct 202402,64471.372.28$6,032
Sep 202402,39869.612.36$5,670
Aug 202402,65575.632.06$5,479
Jul 202402,80079.932.15$6,010
Jun 202402,47078.082.63$6,506
May 202402,43178.812.20$5,344
Apr 202402,42184.451.66$4,017
Mar 202402,55380.301.55$3,945
Feb 202402,24676.091.78$4,006
Jan 202402,10973.023.30$6,955
Dec 202302,03171.262.61$5,302
Nov 202301,86377.892.81$5,230
Oct 202301,73485.443.09$5,353
Sep 202302,55789.042.74$6,994
Aug 202302,55580.522.67$6,829
Jul 202302,13074.852.64$5,627
Jun 202301,83168.962.26$4,135
May 202302,64470.622.23$5,889
Apr 202302,77878.122.24$6,217
Mar 202301,96172.852.39$4,693
Feb 2023089575.112.47$2,207
Jan 202302,93676.533.39$9,946
Dec 202202,39276.415.73$13,704
Nov 202202,33385.005.65$13,173
Oct 202202,57787.185.86$15,111
Sep 202202,41684.888.16$19,723
Aug 202202,26294.529.13$20,646
Jul 202202,339101.587.54$17,641
Jun 202202,337115.097.98$18,643
May 202202,831109.378.43$23,874
Apr 202202,338104.226.84$15,986
Mar 202202,149108.885.08$10,909
Feb 202201,82191.054.86$8,848
Jan 202202,88881.844.54$13,105
Dec 202103,12271.323.90$12,173
Nov 202103,03577.435.24$15,894
Oct 202103,11779.795.71$17,810
Sep 202102,72569.865.35$14,581
Aug 202102,57466.024.22$10,864
Jul 202102,58770.783.98$10,302
Jun 202102,49769.493.38$8,441
May 202102,87463.483.02$8,673
Apr 202102,94460.362.76$8,121
Mar 202102,98861.302.72$8,118
Feb 202101,84857.805.55$10,253
Jan 202103,02350.412.81$8,495
Dec 202003,15044.642.68$8,428
Nov 202003,16938.772.71$8,577
Oct 202003,04436.972.48$7,544
Sep 202002,93437.091.99$5,842
Aug 202002,90939.982.39$6,938
Jul 202003,00538.371.83$5,484
Jun 202002,87034.901.69$4,851
May 202002,85916.921.81$5,188
Apr 202003,06314.751.80$5,527
Mar 202002,84830.341.86$5,287
Feb 202003,03949.881.98$6,019
Jan 202003,31557.252.09$6,944
Dec 201903,88059.012.30$8,941
Nov 201903,85655.302.75$10,607
Oct 201903,54753.472.42$8,579
Sep 201903,48755.052.66$9,266
Aug 201903,92053.112.30$9,033
Jul 201904,04456.272.46$9,948
Jun 201904,02352.782.49$10,022
May 201904,20558.482.74$11,523
Apr 201904,02662.632.75$11,074
Mar 201904,86056.803.06$14,882
Feb 201904,79450.852.79$13,386
Jan 201904,43746.033.23$14,323
Dec 201803,86946.594.19$16,193
Nov 201801,58552.934.24$6,716
Oct 201801,89661.443.40$6,443
Sep 201805,67759.543.11$17,644
Aug 201803,01459.403.07$9,243
Jul 201802,72665.142.93$7,992
Jun 201805,86260.183.08$18,037
May 201806,74965.382.90$19,578
Apr 2018095663.842.90$2,773
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017088357.272.92$2,580
Nov 201701,39755.423.12$4,356
Oct 2017088349.292.98$2,635
Sep 201701,26447.523.09$3,902
Aug 201701,09545.373.00$3,290
Jul 201701,71143.873.09$5,282
Jun 201701,35642.493.09$4,186
May 201701,33845.373.26$4,366
Apr 201702,31047.933.21$7,419
Mar 201701,95846.772.98$5,842
Feb 201701,29850.452.95$3,832
Jan 201701,68949.413.42$5,774
Dec 201602,12948.763.72$7,926
Nov 201604,35142.492.64$11,506
Oct 201601,16346.193.09$3,594
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201602142.521.99$42
Apr 201608336.561.99$165
Mar 20160033.011.79$0
Feb 2016033226.472.06$685
Jan 201602,53527.352.36$5,994
Dec 201503,00232.362.00$6,008
Nov 201503,26138.792.17$7,068
Oct 201503,27343.552.43$7,942
Sep 201503,18842.992.76$8,794
Aug 201502,78340.162.87$7,994
Jul 201503,12048.152.95$9,189
Jun 201503,21156.152.88$9,257
May 201503,62455.212.96$10,711
Apr 201504,48949.822.71$12,150
Mar 201504,16942.892.93$12,235
Feb 201503,75044.662.98$11,161
Jan 2015036443.433.10$1,129
Dec 20140054.693.59$0
Nov 2014080170.464.25$3,406
Oct 201401,67278.303.90$6,522
Sep 2014072786.164.05$2,941
Aug 2014018089.394.04$726
Jul 201408196.564.18$339
Jun 2014060498.164.74$2,861
May 201402,42594.734.73$11,462
Apr 201403,90195.944.81$18,760
Mar 201404,71095.895.06$23,818
Feb 201403,09797.406.19$19,177
Jan 201403,89590.404.86$18,933
Dec 201303,81791.824.35$16,621
Nov 201302,73088.853.74$10,206
Oct 201303,72697.423.78$14,082
Sep 201303,588104.113.72$13,339
Aug 201304,619104.253.52$16,271
Jul 201305,925102.523.72$22,028
Jun 201305,81994.403.93$22,889
May 201305,69594.834.15$23,629
Apr 201306,14893.964.28$26,329
Mar 201307,56593.623.91$29,601
Feb 201307,02991.233.42$24,039
Jan 201308,28891.603.42$28,344
Dec 201208,96986.773.42$30,675
Nov 2012013,71986.953.62$49,731
Oct 2012010,01689.383.40$34,051
Sep 2012015,06894.672.92$43,974
Aug 2012016,00392.662.91$46,539
Jul 2012018,13085.133.02$54,767
Jun 2012011,59979.822.52$29,218
May 201207,48691.612.49$18,628
Apr 2012010,416101.652.00$20,799
Mar 201207,897105.052.22$17,548
Feb 201206,841101.102.57$17,583
Jan 201208,53198.092.73$23,324
Dec 201108,45696.873.24$27,395
Nov 201108,58695.723.31$28,431
Oct 201108,99484.983.65$32,815
Sep 201108,38083.623.99$33,401
Aug 201108,43483.404.15$34,995
Jul 201108,95094.144.52$40,429
Jun 201109,40592.904.64$43,638
May 201109,81698.134.40$43,238
Apr 201108,911105.964.33$38,614
Mar 201118,59596.364.06$34,969
Feb 201117,36885.644.18$30,884
Jan 201119,51886.504.59$43,763
Dec 2010110,14585.734.35$44,194
Nov 201009,39680.843.80$35,661
Oct 2010011,02578.103.51$38,686
Sep 2010011,08372.633.98$44,104
Aug 2010011,56373.684.42$51,101
Jul 2010010,38172.554.74$49,170
Jun 201018,85370.364.91$43,542
May 2010210,02971.124.24$42,617
Apr 2010311,34681.694.12$47,021
Mar 2010210,09778.394.39$44,469
Feb 201029,00073.585.44$49,128
Jan 2010010,38274.365.96$61,919
Dec 2009211,21171.445.48$61,621
Nov 2009411,64574.593.75$43,985
Oct 2009012,32572.544.11$50,659
Sep 2009312,11465.543.06$37,323
Aug 2009013,07867.423.22$42,092
Jul 2009014,49661.133.46$50,221
Jun 2009012,56966.163.90$48,956
May 2009011,34254.743.93$44,526
Apr 2009011,48946.773.59$41,217
Mar 2009012,18342.144.06$49,451
Feb 2009011,72732.814.63$54,331
Jan 2009013,82235.865.37$74,238
Dec 2008014,28237.105.98$85,366
Nov 2008015,01855.496.86$103,029
Oct 2008015,69075.246.92$108,606
Sep 2008016,585101.767.88$130,642
Aug 2008017,709114.228.48$150,226
Jul 2008014,567131.0811.39$165,910
Jun 2008017,252131.3313.03$224,839
May 2008015,752123.1711.57$182,318
Apr 2008020,179110.3110.45$210,969
Mar 2008121,642101.909.66$209,252
Feb 2008219,47292.538.77$170,966
Jan 2008022,73990.388.21$186,590
Dec 2007220,51688.337.30$149,984
Nov 2007024,83591.677.29$181,089
Oct 2007127,95982.856.92$193,614
Sep 2007029,58575.846.24$184,733
Aug 2007130,83169.066.39$197,016
Jul 2007031,47470.906.39$201,054
Jun 2007131,66762.007.55$239,099
May 2007038,28558.747.85$300,395
Apr 2007539,16759.617.81$306,004
Mar 2007043,88856.927.30$320,469
Feb 2007040,88055.108.22$335,870
Jan 2007057,19750.306.73$384,756
Dec 2006031,60656.656.92$218,664
Nov 20060054.207.62$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                1,796 Mcf  × $  3.05 =     $5,470

────────────────────────────────────────────────────
Month total                                   $5,470

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/233869 is the state's own key, not one this site invented.