VR-PR STATE 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 236051District 09Field 65280200CondensateGasSaveExport
Value, all time
$14.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$219 k
at the published price for each month
Months reported
228
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
CondensateDisposition4,537 bbl$361,730
GasProduction2,955,200 Mcf$14,027,934
Total$14,389,664

Every month this lease reported (228)

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

228 months

May 202603,642106.413.05$11,093
Apr 202604,06298.932.87$11,657
Mar 202605,86589.753.15$18,471
Feb 202604,81863.503.75$18,069
Jan 202605,48859.138.00$43,893
Dec 202503,93956.664.41$17,384
Nov 202505,30558.593.93$20,830
Oct 202504,88959.383.30$16,157
Sep 2025534,52662.743.08$17,251
Aug 202504,61363.933.01$13,907
Jul 202504,74666.743.32$15,734
Jun 202504,50466.483.13$14,092
May 202504,61660.553.23$14,920
Apr 202504,93762.363.54$17,492
Mar 202504,65267.704.27$19,856
Feb 202504,35870.884.34$18,917
Jan 202504,73374.324.28$20,251
Dec 202404,74768.993.12$14,817
Nov 202404,58069.052.20$10,069
Oct 202404,78471.372.28$10,914
Sep 202404,82969.612.36$11,417
Aug 202404,60875.632.06$9,509
Jul 202404,87279.932.15$10,458
Jun 202404,73178.082.63$12,461
May 202405,07878.812.20$11,164
Apr 202404,86484.451.66$8,070
Mar 202405,01180.301.55$7,743
Feb 202404,49376.091.78$8,014
Jan 202405,00673.023.30$16,508
Dec 202304,55171.262.61$11,881
Nov 202304,60577.892.81$12,929
Oct 202304,88785.443.09$15,088
Sep 202304,55089.042.74$12,444
Aug 202304,52880.522.67$12,103
Jul 202304,68274.852.64$12,369
Jun 202304,68968.962.26$10,590
May 202305,07170.622.23$11,295
Apr 202305,62478.122.24$12,585
Mar 202305,53872.852.39$13,253
Feb 202304,91175.112.47$12,109
Jan 202305,37076.533.39$18,192
Dec 202205,35576.415.73$30,679
Nov 202205,12285.005.65$28,920
Oct 202205,54187.185.86$32,491
Sep 202205,35184.888.16$43,684
Aug 202205,57094.529.13$50,838
Jul 202205,627101.587.54$42,439
Jun 202205,519115.097.98$44,026
May 202205,598109.378.43$47,208
Apr 202205,409104.226.84$36,985
Mar 202205,289108.885.08$26,849
Feb 202205,08191.054.86$24,688
Jan 202205,48581.844.54$24,889
Dec 202105,78971.323.90$22,572
Nov 202105,75377.435.24$30,128
Oct 202106,03979.795.71$34,506
Sep 202105,26369.865.35$28,162
Aug 202105,69266.024.22$24,024
Jul 202106,00070.783.98$23,892
Jun 202105,78669.493.38$19,560
May 202105,75863.483.02$17,376
Apr 202105,90560.362.76$16,288
Mar 202106,33961.302.72$17,223
Feb 202105,83157.805.55$32,350
Jan 202106,40050.412.81$17,986
Dec 202006,44444.642.68$17,241
Nov 202006,53138.772.71$17,677
Oct 202006,66536.972.48$16,519
Sep 202006,53837.091.99$13,017
Aug 202006,43339.982.39$15,343
Jul 202006,77738.371.83$12,369
Jun 202006,53734.901.69$11,050
May 202006,79316.921.81$12,328
Apr 202006,75414.751.80$12,187
Mar 202006,96530.341.86$12,929
Feb 202006,36649.881.98$12,609
Jan 202007,08657.252.09$14,843
Dec 201907,03259.012.30$16,204
Nov 201905,94355.302.75$16,347
Oct 201907,18053.472.42$17,365
Sep 201906,98955.052.66$18,572
Aug 201906,91453.112.30$15,932
Jul 201906,96456.272.46$17,132
Jun 201917,05052.782.49$17,616
May 201927,48958.482.74$20,639
Apr 201917,55662.632.75$20,847
Mar 201907,54156.803.06$23,091
Feb 201907,16950.852.79$20,017
Jan 201907,60946.033.23$24,563
Dec 201807,01846.594.19$29,373
Nov 201807,43152.934.24$31,487
Oct 201808,01961.443.40$27,249
Sep 201807,63259.543.11$23,720
Aug 201807,47859.403.07$22,932
Jul 201807,09165.142.93$20,790
Jun 201807,36560.183.08$22,662
May 201808,24965.382.90$23,929
Apr 2018438,29663.842.90$26,810
Mar 201809,24961.222.79$25,775
Feb 201807,44361.782.77$20,588
Jan 201808,20562.874.01$32,896
Dec 201708,08957.272.92$23,632
Nov 201707,77755.423.12$24,251
Oct 201708,02049.292.98$23,929
Sep 201707,55247.523.09$23,315
Aug 201708,62345.373.00$25,907
Jul 201708,65943.873.09$26,733
Jun 201708,13042.493.09$25,100
May 201708,63645.373.26$28,183
Apr 20171718,36247.933.21$35,051
Mar 201709,41946.772.98$28,103
Feb 201707,70350.452.95$22,744
Jan 201708,37449.413.42$28,629
Dec 201608,25948.763.72$30,747
Nov 201608,06742.492.64$21,332
Oct 201608,34446.193.09$25,785
Sep 201608,33641.553.10$25,847
Aug 201608,27741.442.92$24,205
Jul 201608,46641.622.92$24,757
Jun 201608,58145.352.69$23,047
May 201609,46242.521.99$18,839
Apr 201609,33636.561.99$18,588
Mar 201609,47333.011.79$16,995
Feb 201608,96926.472.06$18,509
Jan 201609,40227.352.36$22,230
Dec 201509,51332.362.00$19,039
Nov 201509,17038.792.17$19,874
Oct 201509,73643.552.43$23,625
Sep 201509,77742.992.76$26,969
Aug 2015010,13440.162.87$29,110
Jul 2015010,95548.152.95$32,263
Jun 2015112,10756.152.88$34,959
May 2015010,13955.212.96$29,965
Apr 20151588,86549.822.71$31,865
Mar 201509,33142.892.93$27,384
Feb 201507,80144.662.98$23,217
Jan 201506,34443.433.10$19,670
Dec 201407,90654.693.59$28,393
Nov 201407,94270.464.25$33,768
Oct 2014889,38378.303.90$43,493
Sep 201409,01386.164.05$36,462
Aug 2014010,01189.394.04$40,396
Jul 2014011,48596.564.18$48,003
Jun 201407,31698.164.74$34,655
May 201408,54494.734.73$40,384
Apr 2014010,61595.944.81$51,049
Mar 2014011,39795.895.06$57,632
Feb 201419010,83797.406.19$85,609
Jan 2014013,86790.404.86$67,404
Dec 2013012,33791.824.35$53,721
Nov 201309,94988.853.74$37,192
Oct 2013010,66997.423.78$40,322
Sep 2013010,771104.113.72$40,044
Aug 2013011,193104.253.52$39,429
Jul 2013011,241102.523.72$41,791
Jun 2013010,22394.403.93$40,211
May 2013010,97294.834.15$45,524
Apr 20131511,07093.964.28$48,818
Mar 2013011,12793.623.91$43,539
Feb 201319710,69791.233.42$54,555
Jan 2013011,83891.603.42$40,485
Dec 2012011,96786.773.42$40,929
Nov 2012012,17786.953.62$44,141
Oct 2012014,31789.383.40$48,673
Sep 2012012,23694.672.92$35,710
Aug 2012016,64792.662.91$48,412
Jul 2012023,56485.133.02$71,182
Jun 2012022,84479.822.52$57,545
May 201205,77691.612.49$14,373
Apr 201219825,014101.652.00$70,075
Mar 2012024,029105.052.22$53,394
Feb 2012022,216101.102.57$57,100
Jan 2012027,00898.092.73$73,842
Dec 2011033,21996.873.24$107,621
Nov 2011030,76595.723.31$101,872
Oct 2011032,71884.983.65$119,373
Sep 2011035,04183.623.99$139,666
Aug 2011032,75983.404.15$135,928
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201104,20085.644.18$17,556
Jan 2011022,17386.504.59$101,747
Dec 2010021,68385.734.35$94,272
Nov 2010021,33480.843.80$80,970
Oct 2010021,17078.103.51$74,283
Sep 2010020,98872.633.98$83,521
Aug 201019221,94973.684.42$111,147
Jul 2010022,06572.554.74$104,511
Jun 2010021,64670.364.91$106,291
May 2010121,90871.124.24$92,856
Apr 201019522,01381.694.12$106,682
Mar 2010023,51078.394.39$103,178
Feb 2010020,36873.585.44$110,850
Jan 201019722,38274.365.96$148,137
Dec 2009013,32271.445.48$73,055
Nov 2009023,92974.593.75$89,770
Oct 2009025,41372.544.11$104,454
Sep 2009025,16165.543.06$77,112
Aug 2009025,66767.423.22$82,609
Jul 200919327,58061.133.46$107,349
Jun 2009027,34466.163.90$106,505
May 2009027,95954.743.93$109,760
Apr 200919727,45046.773.59$107,691
Mar 200919929,24042.144.06$127,071
Feb 2009027,45032.814.63$127,176
Jan 2009033,08435.865.37$177,694
Dec 2008032,43137.105.98$193,845
Nov 200819832,59555.496.86$234,600
Oct 2008434,44375.246.92$238,715
Sep 2008033,387101.767.88$262,992
Aug 2008034,642114.228.48$293,869
Jul 200838633,515131.0811.39$432,314
Jun 2008030,768131.3313.03$400,988
May 2008028,186123.1711.57$326,233
Apr 2008125,100110.3110.45$262,527
Mar 2008013,091101.909.66$126,512
Feb 200818644,73292.538.77$409,536
Jan 200818651,14690.388.21$436,501
Dec 200717757,46988.337.30$435,271
Nov 200736558,39491.677.29$459,251
Oct 200718365,54182.856.92$468,835
Sep 200719667,55275.846.24$436,670
Aug 200736383,85669.066.39$560,736
Jul 2007085,87170.906.39$548,539
Jun 20070062.007.55$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                3,642 Mcf  × $  3.05 =    $11,093

────────────────────────────────────────────────────
Month total                                  $11,093

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/236051 is the state's own key, not one this site invented.