PEDEN 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 234597District 09Field 65280200GasSaveExport
Value, all time
$30.2 M
Mar 2007 – May 2026
Value, last 12 filed months
$264 k
at the published price for each month
Months reported
231
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
GasProduction6,056,863 Mcf$30,202,394
Total$30,202,394

Every month this lease reported (231)

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

231 months

May 20266,276106.413.05$19,116
Apr 20265,87398.932.87$16,854
Mar 20265,91689.753.15$18,632
Feb 20263,40563.503.75$12,770
Jan 20265,49259.138.00$43,925
Dec 20256,81756.664.41$30,086
Nov 20256,75358.593.93$26,515
Oct 20256,14859.383.30$20,318
Sep 20256,23262.743.08$19,175
Aug 20256,90363.933.01$20,811
Jul 20254,69366.743.32$15,558
Jun 20256,46266.483.13$20,218
May 202510,19660.553.23$32,957
Apr 202510,28262.363.54$36,430
Mar 20259,12567.704.27$38,948
Feb 202510,99970.884.34$47,745
Jan 202513,27874.324.28$56,812
Dec 202412,90768.993.12$40,288
Nov 202412,43769.052.20$27,342
Oct 202413,27071.372.28$30,274
Sep 20242,73569.612.36$6,467
Aug 20241,70575.632.06$3,518
Jul 20244,82379.932.15$10,353
Jun 20244,24078.082.63$11,168
May 20243,37078.812.20$7,409
Apr 202464584.451.66$1,070
Mar 20245,13580.301.55$7,934
Feb 20244,68376.091.78$8,353
Jan 20242,54273.023.30$8,383
Dec 20233,86971.262.61$10,101
Nov 202311,75377.892.81$32,997
Oct 20235,61185.443.09$17,323
Sep 20235,85389.042.74$16,008
Aug 20239,99580.522.67$26,715
Jul 202310,03874.852.64$26,518
Jun 20239,94668.962.26$22,463
May 202310,47670.622.23$23,334
Apr 202310,26578.122.24$22,971
Mar 202310,46972.852.39$25,054
Feb 20238,18575.112.47$20,182
Jan 20238,47876.533.39$28,721
Dec 202210,88676.415.73$62,367
Nov 202210,03885.005.65$56,677
Oct 202210,46787.185.86$61,376
Sep 202211,06184.888.16$90,298
Aug 202211,71894.529.13$106,952
Jul 202211,151101.587.54$84,102
Jun 20223,924115.097.98$31,303
May 20229,891109.378.43$83,411
Apr 20229,266104.226.84$63,357
Mar 20229,883108.885.08$50,170
Feb 20229,20991.054.86$44,745
Jan 202210,31381.844.54$46,797
Dec 202110,36171.323.90$40,399
Nov 202110,08777.435.24$52,824
Oct 202110,37779.795.71$59,293
Sep 202110,29469.865.35$55,082
Aug 202110,82666.024.22$45,692
Jul 202111,02670.783.98$43,906
Jun 202110,78069.493.38$36,443
May 202111,41463.483.02$34,444
Apr 202111,01360.362.76$30,378
Mar 202111,50961.302.72$31,269
Feb 202110,63657.805.55$59,008
Jan 202111,77750.412.81$33,097
Dec 202011,79344.642.68$31,552
Nov 202011,28938.772.71$30,554
Oct 202011,67636.972.48$28,938
Sep 202011,22537.091.99$22,349
Aug 202012,19639.982.39$29,089
Jul 202012,91138.371.83$23,564
Jun 202012,47134.901.69$21,080
May 202012,98416.921.81$23,563
Apr 202012,45114.751.80$22,466
Mar 202012,97630.341.86$24,086
Feb 202012,25449.881.98$24,271
Jan 202013,37157.252.09$28,009
Dec 201913,59059.012.30$31,316
Nov 201913,08355.302.75$35,987
Oct 201913,25553.472.42$32,058
Sep 201913,22455.052.66$35,140
Aug 201912,94753.112.30$29,835
Jul 201912,87556.272.46$31,673
Jun 201913,33352.782.49$33,215
May 201913,89758.482.74$38,082
Apr 201912,10662.632.75$33,300
Mar 201912,92256.803.06$39,568
Feb 201912,14950.852.79$33,923
Jan 201913,63646.033.23$44,019
Dec 201814,25946.594.19$59,680
Nov 201813,87752.934.24$58,800
Oct 201815,13461.443.40$51,427
Sep 201814,99059.543.11$46,589
Aug 201815,75859.403.07$48,323
Jul 201814,02165.142.93$41,108
Jun 201813,80860.183.08$42,486
May 201814,79965.382.90$42,929
Apr 201814,50763.842.90$42,082
Mar 201815,35161.222.79$42,781
Feb 201814,34761.782.77$39,686
Jan 201815,80062.874.01$63,347
Dec 201716,14057.272.92$47,153
Nov 201715,61055.423.12$48,678
Oct 201716,27849.292.98$48,568
Sep 201715,42547.523.09$47,621
Aug 201716,40845.373.00$49,296
Jul 201716,74143.873.09$51,684
Jun 201716,59342.493.09$51,227
May 201717,01945.373.26$55,540
Apr 201716,62147.933.21$53,380
Mar 201717,23346.772.98$51,418
Feb 201715,90350.452.95$46,955
Jan 201717,57049.413.42$60,068
Dec 201617,90248.763.72$66,646
Nov 201617,62642.492.64$46,609
Oct 201618,33446.193.09$56,657
Sep 201617,99641.553.10$55,799
Aug 201618,54741.442.92$54,238
Jul 201618,42941.622.92$53,893
Jun 201618,35245.352.69$49,290
May 201618,83742.521.99$37,505
Apr 201618,17836.561.99$36,193
Mar 201619,30533.011.79$34,633
Feb 201617,49926.472.06$36,111
Jan 201619,05427.352.36$45,051
Dec 201519,49332.362.00$39,013
Nov 201519,04438.792.17$41,275
Oct 201519,62843.552.43$47,629
Sep 201519,26542.992.76$53,141
Aug 201520,32140.162.87$58,372
Jul 201520,51748.152.95$60,424
Jun 201520,34356.152.88$58,646
May 201521,20655.212.96$62,673
Apr 201520,69649.822.71$56,015
Mar 201521,69642.892.93$63,671
Feb 201519,25644.662.98$57,310
Jan 201521,29443.433.10$66,025
Dec 201421,52054.693.59$77,286
Nov 201420,77070.464.25$88,311
Oct 201421,88278.303.90$85,361
Sep 201421,90586.164.05$88,615
Aug 201423,04989.394.04$93,005
Jul 201422,58496.564.18$94,392
Jun 201421,59998.164.74$102,312
May 201422,67794.734.73$107,184
Apr 201422,10995.944.81$106,325
Mar 201423,03495.895.06$116,478
Feb 201421,49197.406.19$133,072
Jan 201424,32190.404.86$118,218
Dec 201324,51991.824.35$106,768
Nov 201323,67988.853.74$88,519
Oct 201325,05097.423.78$94,673
Sep 201323,460104.113.72$87,218
Aug 201324,149104.253.52$85,068
Jul 201324,264102.523.72$90,207
Jun 201323,68094.403.93$93,143
May 201325,22594.834.15$104,661
Apr 201325,44493.964.28$108,966
Mar 201326,19193.623.91$102,482
Feb 201324,16391.233.42$82,635
Jan 201327,58391.603.42$94,331
Dec 201227,95786.773.42$95,617
Nov 201228,03986.953.62$101,640
Oct 201227,06989.383.40$92,026
Sep 201227,51394.672.92$80,294
Aug 201229,64292.662.91$86,204
Jul 201230,42885.133.02$91,917
Jun 201229,70779.822.52$74,833
May 201231,04291.612.49$77,242
Apr 201230,620101.652.00$61,142
Mar 201231,891105.052.22$70,864
Feb 201231,476101.102.57$80,901
Jan 201233,50598.092.73$91,605
Dec 201135,04896.873.24$113,546
Nov 201134,07395.723.31$112,825
Oct 201137,10684.983.65$135,383
Sep 201137,95783.623.99$151,289
Aug 201140,71383.404.15$168,931
Jul 201125,17994.144.52$113,740
Jun 201133,76592.904.64$156,666
May 201135,44598.134.40$156,129
Apr 201135,058105.964.33$151,916
Mar 201137,25696.364.06$151,160
Feb 201134,34485.644.18$143,557
Jan 201138,22586.504.59$175,406
Dec 201038,89585.734.35$169,106
Nov 201038,50380.843.80$146,132
Oct 201040,51478.103.51$142,159
Sep 201040,19472.633.98$159,951
Aug 201042,48773.684.42$187,765
Jul 201043,64772.554.74$206,734
Jun 201043,12770.364.91$211,771
May 201045,61871.124.24$193,202
Apr 201044,82181.694.12$184,783
Mar 201047,11978.394.39$206,790
Feb 201040,19173.585.44$218,734
Jan 201048,72274.365.96$290,582
Dec 200949,74971.445.48$272,811
Nov 200948,90374.593.75$183,460
Oct 200951,75072.544.11$212,705
Sep 200951,98865.543.06$159,330
Aug 200954,85167.423.22$176,538
Jul 200955,88261.133.46$193,603
Jun 200955,79866.163.90$217,333
May 200959,22754.743.93$232,510
Apr 200958,65346.773.59$210,418
Mar 200962,37142.144.06$253,164
Feb 200957,37232.814.63$265,804
Jan 200965,59035.865.37$352,284
Dec 200868,44737.105.98$409,117
Nov 200861,84355.496.86$424,265
Oct 200854,97875.246.92$380,557
Sep 200854,623101.767.88$430,270
Aug 200859,129114.228.48$501,592
Jul 200860,149131.0811.39$685,063
Jun 200861,706131.3313.03$804,191
May 200864,423123.1711.57$745,650
Apr 200862,824110.3110.45$656,816
Mar 200857,831101.909.66$558,883
Feb 200869,85392.538.77$612,651
Jan 200876,23390.388.21$625,547
Dec 200779,68188.337.30$581,828
Nov 200782,74891.677.29$603,374
Oct 200766,17382.856.92$458,048
Sep 200781,09475.846.24$506,364
Aug 200734,99669.066.39$223,552
Jul 2007155,10470.906.39$990,795
Jun 2007159,31962.007.55$1,202,612
May 2007175,67258.747.85$1,378,372
Apr 2007205,74859.617.81$1,605,904
Mar 200743,10056.927.30$314,715

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                6,276 Mcf  × $  3.05 =    $19,116

────────────────────────────────────────────────────
Month total                                  $19,116

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/234597 is the state's own key, not one this site invented.