MAHVASH UNIT

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 235299District 09Field 65280200CondensateGasSaveExport
Value, all time
$21.3 M
Aug 2007 – May 2026
Value, last 12 filed months
$309 k
at the published price for each month
Months reported
226
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
CondensateDisposition1,905 bbl$166,919
GasProduction4,252,305 Mcf$21,135,686
Total$21,302,605

Every month this lease reported (226)

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

226 months

May 202606,761106.413.05$20,593
Apr 202606,56098.932.87$18,825
Mar 202606,71489.753.15$21,145
Feb 202606,11363.503.75$22,926
Jan 202606,89659.138.00$55,154
Dec 202506,88156.664.41$30,368
Nov 202506,81158.593.93$26,743
Oct 202507,08059.383.30$23,398
Sep 2025306,90262.743.08$23,119
Aug 202507,16563.933.01$21,601
Jul 202507,13666.743.32$23,657
Jun 202506,97366.483.13$21,817
May 202507,23660.553.23$23,389
Apr 202507,07862.363.54$25,078
Mar 202507,41267.704.27$31,637
Feb 202506,73670.884.34$29,240
Jan 202507,62574.324.28$32,625
Dec 202407,73368.993.12$24,138
Nov 202407,56369.052.20$16,627
Oct 202407,72171.372.28$17,615
Sep 202407,27569.612.36$17,201
Aug 202407,74975.632.06$15,991
Jul 202407,80779.932.15$16,758
Jun 202407,55278.082.63$19,892
May 202407,74178.812.20$17,018
Apr 202407,44384.451.66$12,349
Mar 202407,71080.301.55$11,913
Feb 202407,26976.091.78$12,965
Jan 202407,82273.023.30$25,794
Dec 202307,70671.262.61$20,118
Nov 202307,72677.892.81$21,691
Oct 202308,07385.443.09$24,924
Sep 202307,77289.042.74$21,257
Aug 202308,09480.522.67$21,634
Jul 202308,10174.852.64$21,401
Jun 202307,94368.962.26$17,939
May 202308,19170.622.23$18,245
Apr 202307,98378.122.24$17,864
Mar 202308,17572.852.39$19,564
Feb 202307,48975.112.47$18,465
Jan 202308,34176.533.39$28,257
Dec 202208,43776.415.73$48,336
Nov 202208,08985.005.65$45,672
Oct 202208,37087.185.86$49,080
Sep 202208,11984.888.16$66,281
Aug 202208,35794.529.13$76,276
Jul 202208,375101.587.54$63,165
Jun 202208,321115.097.98$66,378
May 202208,781109.378.43$74,051
Apr 202208,607104.226.84$58,851
Mar 202208,577108.885.08$43,540
Feb 202207,94391.054.86$38,594
Jan 202208,78281.844.54$39,850
Dec 202108,79371.323.90$34,285
Nov 202108,67777.435.24$45,440
Oct 202109,04779.795.71$51,693
Sep 202108,46269.865.35$45,279
Aug 202108,78466.024.22$37,074
Jul 202109,02270.783.98$35,926
Jun 202108,81669.493.38$29,804
May 202109,23063.483.02$27,853
Apr 202108,92660.362.76$24,622
Mar 202109,39061.302.72$25,512
Feb 202108,56557.805.55$47,518
Jan 202109,58250.412.81$26,928
Dec 202009,61344.642.68$25,719
Nov 202009,38538.772.71$25,401
Oct 202009,73136.972.48$24,118
Sep 202009,40837.091.99$18,732
Aug 202009,74639.982.39$23,245
Jul 202009,97738.371.83$18,209
Jun 202009,76934.901.69$16,513
May 2020010,29816.921.81$18,688
Apr 202009,94614.751.80$17,946
Mar 2020010,27630.341.86$19,075
Feb 202009,94549.881.98$19,698
Jan 2020010,46857.252.09$21,928
Dec 2019010,64259.012.30$24,523
Nov 2019010,09755.302.75$27,774
Oct 2019010,35553.472.42$25,044
Sep 2019010,33455.052.66$27,460
Aug 2019010,58453.112.30$24,389
Jul 2019010,63756.272.46$26,168
Jun 2019010,60752.782.49$26,424
May 2019210,87258.482.74$29,910
Apr 2019110,84362.632.75$29,888
Mar 2019011,28356.803.06$34,550
Feb 2019010,21150.852.79$28,511
Jan 2019011,32946.033.23$36,572
Dec 2018111,46946.594.19$48,049
Nov 2018011,67752.934.24$49,478
Oct 2018011,76061.443.40$39,961
Sep 2018011,36559.543.11$35,322
Aug 2018011,97859.403.07$36,731
Jul 2018012,13065.142.93$35,564
Jun 2018011,86160.183.08$36,495
May 2018012,51565.382.90$36,304
Apr 2018012,13363.842.90$35,195
Mar 2018012,71661.222.79$35,437
Feb 2018011,42961.782.77$31,614
Jan 2018012,30362.874.01$49,327
Dec 2017012,14557.272.92$35,482
Nov 2017012,27055.423.12$38,262
Oct 2017012,43549.292.98$37,102
Sep 2017011,99447.523.09$37,029
Aug 2017012,49945.373.00$37,552
Jul 2017012,52843.873.09$38,677
Jun 2017011,76542.493.09$36,322
May 2017012,88845.373.26$42,059
Apr 2017012,64447.933.21$40,607
Mar 2017013,10546.772.98$39,101
Feb 2017011,79650.452.95$34,829
Jan 2017012,71049.413.42$43,453
Dec 2016013,10948.763.72$48,803
Nov 2016012,79842.492.64$33,842
Oct 2016113,32846.193.09$41,233
Sep 2016412,77841.553.10$39,786
Aug 20166013,35341.442.92$41,535
Jul 2016012,79441.622.92$37,414
Jun 2016012,63145.352.69$33,925
May 2016013,45342.521.99$26,785
Apr 2016013,42736.561.99$26,734
Mar 2016013,87533.011.79$24,892
Feb 2016013,25026.472.06$27,343
Jan 2016014,39427.352.36$34,033
Dec 2015014,63032.362.00$29,281
Nov 2015014,18838.792.17$30,750
Oct 2015014,86243.552.43$36,064
Sep 2015014,51442.992.76$40,036
Aug 2015015,16940.162.87$43,573
Jul 2015015,05348.152.95$44,332
Jun 2015014,79956.152.88$42,663
May 2015015,38555.212.96$45,470
Apr 2015015,19849.822.71$41,134
Mar 2015016,37042.892.93$48,041
Feb 2015013,95944.662.98$41,545
Jan 2015015,88943.433.10$49,266
Dec 2014016,12154.693.59$57,896
Nov 2014016,63570.464.25$70,729
Oct 2014016,92978.303.90$66,039
Sep 2014016,18786.164.05$65,484
Aug 2014016,93089.394.04$68,315
Jul 2014016,34396.564.18$68,307
Jun 2014015,32098.164.74$72,569
May 2014015,40094.734.73$72,789
Apr 2014015,21995.944.81$73,190
Mar 2014016,44895.895.06$83,174
Feb 2014015,30797.406.19$94,781
Jan 2014017,18790.404.86$83,541
Dec 2013017,24091.824.35$75,071
Nov 2013016,46988.853.74$61,566
Oct 2013017,28597.423.78$65,326
Sep 2013017,401104.113.72$64,692
Aug 2013017,754104.253.52$62,540
Jul 2013018,818102.523.72$69,960
Jun 2013018,25294.403.93$71,793
May 2013016,09394.834.15$66,771
Apr 2013017,39193.964.28$74,479
Mar 2013018,86893.623.91$73,828
Feb 2013017,36391.233.42$59,380
Jan 2013018,12991.603.42$62,000
Dec 2012018,28786.773.42$62,544
Nov 2012018,69686.953.62$67,772
Oct 2012021,77489.383.40$74,025
Sep 2012021,76094.672.92$63,504
Aug 2012022,75692.662.91$66,178
Jul 2012023,11285.133.02$69,817
Jun 2012022,50679.822.52$56,694
May 2012023,85891.612.49$59,366
Apr 2012024,042101.652.00$48,007
Mar 2012024,729105.052.22$54,950
Feb 2012022,741101.102.57$58,450
Jan 2012024,57098.092.73$67,176
Dec 2011025,05996.873.24$81,185
Nov 2011024,87595.723.31$82,368
Oct 2011026,71784.983.65$97,478
Sep 2011026,18183.623.99$104,352
Aug 2011027,18483.404.15$112,795
Jul 2011027,25194.144.52$123,099
Jun 2011025,69392.904.64$119,212
May 2011027,37298.134.40$120,569
Apr 2011027,661105.964.33$119,863
Mar 2011029,41896.364.06$119,359
Feb 20118626,73985.644.18$119,134
Jan 2011030,59286.504.59$140,380
Dec 2010030,60085.734.35$133,041
Nov 2010029,83180.843.80$113,218
Oct 2010028,83378.103.51$101,172
Sep 2010028,43472.633.98$113,152
Aug 2010032,15873.684.42$142,118
Jul 2010033,28772.554.74$157,664
Jun 2010033,12670.364.91$162,662
May 2010034,79671.124.24$147,369
Apr 2010034,09981.694.12$140,580
Mar 2010036,12478.394.39$158,536
Feb 2010032,53473.585.44$177,062
Jan 20105036,16874.365.96$219,427
Dec 2009036,31171.445.48$199,120
Nov 2009038,03174.593.75$142,673
Oct 2009039,47372.544.11$162,244
Sep 2009038,40265.543.06$117,693
Aug 2009040,00267.423.22$128,746
Jul 2009041,96461.133.46$145,384
Jun 2009040,34966.163.90$157,159
May 2009043,26054.743.93$169,828
Apr 2009042,97846.773.59$154,184
Mar 200909,01042.144.06$36,572
Feb 20090032.814.63$0
Jan 20099133,78635.865.37$184,728
Dec 20085757,75337.105.98$347,312
Nov 2008058,51955.496.86$401,461
Oct 2008061,77275.246.92$427,585
Sep 2008065,305101.767.88$514,413
Aug 2008072,493114.228.48$614,960
Jul 2008079,647131.0811.39$907,134
Jun 200812976,046131.3313.03$1,008,021
May 20083977,070123.1711.57$896,834
Apr 2008076,411110.3110.45$798,866
Mar 200819282,220101.909.66$814,145
Feb 200822198,87992.538.77$887,675
Jan 2008377110,96390.388.21$944,606
Dec 2007564109,49388.337.30$849,333
Nov 2007042,72991.677.29$311,567
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$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                6,761 Mcf  × $  3.05 =    $20,593

────────────────────────────────────────────────────
Month total                                  $20,593

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/235299 is the state's own key, not one this site invented.