WILLIAMS SMITH 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 237715District 09Field 65280200GasSaveExport
Value, all time
$18.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$223 k
at the published price for each month
Months reported
226
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
GasProduction3,610,502 Mcf$18,445,120
Total$18,445,120

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 20265,419106.413.05$16,505
Apr 20265,29698.932.87$15,198
Mar 20265,26789.753.15$16,588
Feb 20263,82463.503.75$14,341
Jan 20264,80059.138.00$38,390
Dec 20254,40456.664.41$19,436
Nov 20255,22058.593.93$20,496
Oct 20254,98159.383.30$16,461
Sep 20255,33462.743.08$16,412
Aug 20255,76063.933.01$17,365
Jul 20254,75566.743.32$15,764
Jun 20254,98366.483.13$15,590
May 20255,05960.553.23$16,352
Apr 20255,05062.363.54$17,893
Mar 20255,39467.704.27$23,023
Feb 20255,12770.884.34$22,255
Jan 20255,94674.324.28$25,441
Dec 20245,98868.993.12$18,691
Nov 20245,03969.052.20$11,078
Oct 20246,02171.372.28$13,736
Sep 20245,61969.612.36$13,285
Aug 20245,97875.632.06$12,336
Jul 20246,02079.932.15$12,922
Jun 20245,87778.082.63$15,480
May 20245,98478.812.20$13,155
Apr 20245,54184.451.66$9,194
Mar 20245,61480.301.55$8,674
Feb 20245,83676.091.78$10,409
Jan 20245,99873.023.30$19,779
Dec 20234,99371.262.61$13,035
Nov 20235,61777.892.81$15,770
Oct 20235,53985.443.09$17,100
Sep 20235,15289.042.74$14,091
Aug 20236,26380.522.67$16,740
Jul 20236,84674.852.64$18,086
Jun 20236,02968.962.26$13,616
May 20235,04670.622.23$11,239
Apr 20235,18178.122.24$11,594
Mar 20235,70072.852.39$13,641
Feb 20235,10275.112.47$12,580
Jan 20235,72476.533.39$19,391
Dec 20225,84276.415.73$33,469
Nov 20225,24485.005.65$29,609
Oct 20225,08387.185.86$29,805
Sep 20225,32884.888.16$43,496
Aug 20225,63894.529.13$51,459
Jul 20225,651101.587.54$42,620
Jun 20225,709115.097.98$45,542
May 20225,951109.378.43$50,185
Apr 20225,825104.226.84$39,829
Mar 20225,996108.885.08$30,438
Feb 20225,55791.054.86$27,001
Jan 20226,13081.844.54$27,816
Dec 20216,52971.323.90$25,457
Nov 20215,72277.435.24$29,965
Oct 20216,27079.795.71$35,826
Sep 20216,05669.865.35$32,405
Aug 20216,24966.024.22$26,374
Jul 20216,28870.783.98$25,039
Jun 20216,02669.493.38$20,372
May 20216,39163.483.02$19,286
Apr 20216,29860.362.76$17,373
Mar 20216,61061.302.72$17,959
Feb 20217,11857.805.55$39,490
Jan 20217,68050.412.81$21,583
Dec 20207,72644.642.68$20,671
Nov 20207,52838.772.71$20,375
Oct 20208,04936.972.48$19,949
Sep 20207,56137.091.99$15,054
Aug 20207,88639.982.39$18,809
Jul 20207,93438.371.83$14,481
Jun 20207,59534.901.69$12,838
May 20208,01216.921.81$14,540
Apr 20207,87614.751.80$14,211
Mar 20208,34230.341.86$15,485
Feb 20207,35149.881.98$14,560
Jan 20208,03157.252.09$16,823
Dec 20198,54059.012.30$19,679
Nov 20198,24555.302.75$22,680
Oct 20198,05453.472.42$19,479
Sep 20197,89355.052.66$20,974
Aug 20198,69753.112.30$20,041
Jul 20198,85756.272.46$21,789
Jun 20198,35152.782.49$20,804
May 20198,76958.482.74$24,030
Apr 20198,66562.632.75$23,835
Mar 20198,94756.803.06$27,397
Feb 20198,25750.852.79$23,055
Jan 20199,11746.033.23$29,431
Dec 20189,33046.594.19$39,050
Nov 20189,05952.934.24$38,385
Oct 20189,46561.443.40$32,163
Sep 20189,47259.543.11$29,439
Aug 20187,99259.403.07$24,508
Jul 20189,00165.142.93$26,390
Jun 20188,15260.183.08$25,083
May 20188,19265.382.90$23,763
Apr 20188,90363.842.90$25,826
Mar 201810,22161.222.79$28,484
Feb 20188,25861.782.77$22,843
Jan 201810,25862.874.01$41,128
Dec 20178,05757.272.92$23,539
Nov 201710,29855.423.12$32,113
Oct 20179,67349.292.98$28,861
Sep 201710,04147.523.09$30,999
Aug 201710,64145.373.00$31,970
Jul 201711,03143.873.09$34,056
Jun 201711,14542.493.09$34,408
May 201711,64745.373.26$38,009
Apr 201711,65147.933.21$37,418
Mar 201711,21746.772.98$33,468
Feb 201710,67550.452.95$31,519
Jan 201712,68349.413.42$43,361
Dec 201612,08348.763.72$44,983
Nov 201611,94142.492.64$31,576
Oct 201613,49346.193.09$41,697
Sep 201613,42141.553.10$41,614
Aug 20165,56241.442.92$16,265
Jul 201613,32141.622.92$38,955
Jun 20165,36045.352.69$14,396
May 201611,42142.521.99$22,740
Apr 20169,90536.561.99$19,721
Mar 201610,89433.011.79$19,544
Feb 201610,35526.472.06$21,369
Jan 20169,93727.352.36$23,495
Dec 201512,70132.362.00$25,420
Nov 201512,54138.792.17$27,180
Oct 201511,01443.552.43$26,726
Sep 20156,01142.992.76$16,581
Aug 20158,32640.162.87$23,916
Jul 201514,68848.152.95$43,257
Jun 201511,90556.152.88$34,320
May 20157,96455.212.96$23,537
Apr 20156,48749.822.71$17,558
Mar 201510,94442.892.93$32,117
Feb 201511,13144.662.98$33,128
Jan 201511,20143.433.10$34,730
Dec 20147,34354.693.59$26,371
Nov 201414,64070.464.25$62,247
Oct 201414,61678.303.90$57,016
Sep 201414,37086.164.05$58,133
Aug 201415,21489.394.04$61,390
Jul 201415,80796.564.18$66,067
Jun 201415,49598.164.74$73,398
May 201416,31994.734.73$77,133
Apr 201416,83895.944.81$80,976
Mar 201415,16995.895.06$76,707
Feb 201415,33597.406.19$94,954
Jan 201417,53790.404.86$85,242
Dec 201316,08091.824.35$70,020
Nov 201316,84588.853.74$62,971
Oct 201318,51197.423.78$69,960
Sep 201318,047104.113.72$67,094
Aug 201317,484104.253.52$61,589
Jul 201310,101102.523.72$37,553
Jun 201312,51794.403.93$49,234
May 201312,47794.834.15$51,768
Apr 201312,11093.964.28$51,862
Mar 201316,34793.623.91$63,964
Feb 2013091.233.42$0
Jan 20136,46791.603.42$22,117
Dec 201214,03786.773.42$48,009
Nov 201210,43886.953.62$37,837
Oct 20129,55089.383.40$32,467
Sep 201213,01694.672.92$37,986
Aug 201217,17792.662.91$49,953
Jul 201216,02585.133.02$48,408
Jun 201214,86679.822.52$37,448
May 201214,72291.612.49$36,633
Apr 201212,548101.652.00$25,056
Mar 201214,898105.052.22$33,105
Feb 201212,705101.102.57$32,655
Jan 201215,94598.092.73$43,595
Dec 201119,20796.873.24$62,226
Nov 201116,73895.723.31$55,424
Oct 201115,01784.983.65$54,790
Sep 201116,01083.623.99$63,813
Aug 201116,88883.404.15$70,074
Jul 201119,42294.144.52$87,734
Jun 201120,42992.904.64$94,788
May 201120,92498.134.40$92,166
Apr 201121,141105.964.33$91,610
Mar 201123,08096.364.06$93,643
Feb 201119,88585.644.18$83,119
Jan 201122,69286.504.59$104,129
Dec 201024,28985.734.35$105,603
Nov 201026,19080.843.80$99,400
Oct 201034,26678.103.51$120,236
Sep 201010,88572.633.98$43,317
Aug 201025,50273.684.42$112,703
Jul 201027,18872.554.74$128,776
Jun 20108,14270.364.91$39,980
May 201027,71371.124.24$117,371
Apr 201027,56381.694.12$113,634
Mar 201026,49478.394.39$116,273
Feb 201024,60073.585.44$133,882
Jan 201028,63474.365.96$170,776
Dec 200929,77571.445.48$163,279
Nov 200930,29374.593.75$113,644
Oct 200933,94972.544.11$139,539
Sep 200934,96965.543.06$107,171
Aug 200938,45567.423.22$123,767
Jul 200931,66161.133.46$109,690
Jun 200915,05066.163.90$58,620
May 200933,95754.743.93$133,307
Apr 200940,15746.773.59$144,063
Mar 200930,99342.144.06$125,801
Feb 2009032.814.63$0
Jan 200928,47935.865.37$152,961
Dec 200841,28037.105.98$246,736
Nov 200840,50055.496.86$277,845
Oct 200842,44875.246.92$293,824
Sep 200842,846101.767.88$337,502
Aug 200846,177114.228.48$391,720
Jul 200849,637131.0811.39$565,337
Jun 200851,544131.3313.03$671,754
May 200857,468123.1711.57$665,151
Apr 200858,550110.3110.45$612,132
Mar 200865,026101.909.66$628,416
Feb 200866,37692.538.77$582,156
Jan 200877,83290.388.21$638,668
Dec 200786,79988.337.30$633,804
Nov 200794,40491.677.29$688,366
Oct 2007118,58682.856.92$820,850
Sep 2007113,03675.846.24$705,815
Aug 2007131,29269.066.39$838,685

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                5,419 Mcf  × $  3.05 =    $16,505

────────────────────────────────────────────────────
Month total                                  $16,505

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/237715 is the state's own key, not one this site invented.