TUBBS

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 238272District 09Field 65280200CondensateGasSaveExport
Value, all time
$15.7 M
Jan 2008 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
221
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
CondensateDisposition5 bbl$453
GasProduction2,815,466 Mcf$15,663,467
Total$15,663,920

Every month this lease reported (221)

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

221 months

May 202601,304106.413.05$3,972
Apr 202601,00798.932.87$2,890
Mar 202601,49989.753.15$4,721
Feb 202601,02463.503.75$3,840
Jan 202601,86159.138.00$14,884
Dec 202502,01756.664.41$8,902
Nov 202501,56958.593.93$6,161
Oct 202501,27059.383.30$4,197
Sep 202501,10562.743.08$3,400
Aug 202501,55263.933.01$4,679
Jul 202501,54966.743.32$5,135
Jun 202502,30466.483.13$7,209
May 202502,66560.553.23$8,614
Apr 202502,77262.363.54$9,822
Mar 202502,06367.704.27$8,806
Feb 202501,73770.884.34$7,540
Jan 202502,50274.324.28$10,705
Dec 202402,44368.993.12$7,626
Nov 202402,57569.052.20$5,661
Oct 202402,72671.372.28$6,219
Sep 202402,81369.612.36$6,651
Aug 202401,74175.632.06$3,593
Jul 202402,21479.932.15$4,753
Jun 202402,58578.082.63$6,809
May 202401,60878.812.20$3,535
Apr 202401,92284.451.66$3,189
Mar 202401,09880.301.55$1,697
Feb 202401,19676.091.78$2,133
Jan 202401,84473.023.30$6,081
Dec 202301,57571.262.61$4,112
Nov 202301,16277.892.81$3,262
Oct 202301,35185.443.09$4,171
Sep 202301,96689.042.74$5,377
Aug 202302,05880.522.67$5,501
Jul 202301,86474.852.64$4,924
Jun 202302,02668.962.26$4,576
May 202302,29470.622.23$5,110
Apr 2023064678.122.24$1,446
Mar 202301,69172.852.39$4,047
Feb 202301,88975.112.47$4,658
Jan 202302,11776.533.39$7,172
Dec 202201,99676.415.73$11,435
Nov 202201,94485.005.65$10,976
Oct 202202,33787.185.86$13,704
Sep 202202,73684.888.16$22,336
Aug 202201,84594.529.13$16,840
Jul 202202,826101.587.54$21,314
Jun 202202,953115.097.98$23,557
May 202203,343109.378.43$28,192
Apr 202202,658104.226.84$18,174
Mar 202202,353108.885.08$11,945
Feb 202202,00091.054.86$9,718
Jan 202202,31681.844.54$10,509
Dec 202103,01571.323.90$11,756
Nov 202103,02977.435.24$15,862
Oct 202102,91979.795.71$16,679
Sep 202102,65969.865.35$14,228
Aug 202102,55366.024.22$10,775
Jul 202102,13870.783.98$8,514
Jun 202102,04569.493.38$6,913
May 202103,20763.483.02$9,678
Apr 202103,20560.362.76$8,841
Mar 202103,45361.302.72$9,382
Feb 202103,03357.805.55$16,827
Jan 202103,43550.412.81$9,653
Dec 202003,54944.642.68$9,495
Nov 202003,12038.772.71$8,445
Oct 202002,47836.972.48$6,142
Sep 202003,08937.091.99$6,150
Aug 202004,62239.982.39$11,024
Jul 202004,02238.371.83$7,341
Jun 202004,01934.901.69$6,793
May 202004,51316.921.81$8,190
Apr 202004,28014.751.80$7,723
Mar 202004,54730.341.86$8,440
Feb 202004,53449.881.98$8,980
Jan 202004,83457.252.09$10,126
Dec 201904,86359.012.30$11,206
Nov 201904,64455.302.75$12,774
Oct 201903,88953.472.42$9,406
Sep 201913,34355.052.66$8,938
Aug 201903,93953.112.30$9,077
Jul 201904,09056.272.46$10,062
Jun 201903,53452.782.49$8,804
May 201903,63458.482.74$9,958
Apr 201903,85462.632.75$10,601
Mar 201904,23956.803.06$12,980
Feb 201903,98250.852.79$11,119
Jan 201903,85846.033.23$12,454
Dec 201804,43146.594.19$18,546
Nov 201804,27952.934.24$18,131
Oct 201803,08761.443.40$10,490
Sep 201804,41359.543.11$13,716
Aug 201804,60859.403.07$14,131
Jul 201802,66665.142.93$7,816
Jun 201804,15760.183.08$12,791
May 201802,03465.382.90$5,900
Apr 2018075263.842.90$2,181
Mar 201802,15161.222.79$5,994
Feb 201804,35561.782.77$12,046
Jan 201806,17762.874.01$24,766
Dec 201706,26857.272.92$18,312
Nov 201705,71855.423.12$17,831
Oct 201705,35349.292.98$15,972
Sep 201705,91147.523.09$18,249
Aug 201706,71045.373.00$20,160
Jul 201706,61143.873.09$20,410
Jun 201706,74842.493.09$20,833
May 201707,40545.373.26$24,165
Apr 201707,09447.933.21$22,783
Mar 201705,68246.772.98$16,953
Feb 201701,80550.452.95$5,329
Jan 201705,77549.413.42$19,744
Dec 201606,72048.763.72$25,017
Nov 201606,54642.492.64$17,310
Oct 201606,79546.193.09$20,998
Sep 201606,64841.553.10$20,613
Aug 201608,03641.442.92$23,500
Jul 201607,18941.622.92$21,023
Jun 201602,45545.352.69$6,594
May 201602,30842.521.99$4,595
Apr 201605,03936.561.99$10,033
Mar 201605,45933.011.79$9,794
Feb 201605,48626.472.06$11,321
Jan 201606,50227.352.36$15,373
Dec 201506,27132.362.00$12,551
Nov 201505,58938.792.17$12,113
Oct 201505,53243.552.43$13,424
Sep 201506,85042.992.76$18,895
Aug 201507,26340.162.87$20,863
Jul 201506,20748.152.95$18,280
Jun 201503,78056.152.88$10,897
May 201505,13855.212.96$15,185
Apr 201504,38949.822.71$11,879
Mar 201502,33242.892.93$6,844
Feb 201502,73844.662.98$8,149
Jan 201507,81043.433.10$24,216
Dec 201407,37554.693.59$26,486
Nov 201407,04170.464.25$29,937
Oct 201404,25078.303.90$16,579
Sep 201405,26986.164.05$21,315
Aug 2014011,37089.394.04$45,879
Jul 2014011,66296.564.18$48,743
Jun 2014011,77098.164.74$55,753
May 2014012,45494.734.73$58,865
Apr 2014012,05695.944.81$57,979
Mar 2014012,49495.895.06$63,180
Feb 2014011,23197.406.19$69,542
Jan 2014012,41190.404.86$60,326
Dec 2013013,06191.824.35$56,874
Nov 2013013,05388.853.74$48,796
Oct 2013014,02397.423.78$52,998
Sep 2013013,818104.113.72$51,372
Aug 2013014,180104.253.52$49,951
Jul 2013013,838102.523.72$51,446
Jun 2013013,47394.403.93$52,995
May 2013014,45094.834.15$59,954
Apr 2013013,54193.964.28$57,991
Mar 2013014,39493.623.91$56,322
Feb 2013013,59291.233.42$46,483
Jan 2013015,38191.603.42$52,602
Dec 2012012,55386.773.42$42,933
Nov 201209,42386.953.62$34,158
Oct 2012014,09989.383.40$47,932
Sep 2012011,04794.672.92$32,240
Aug 2012013,65192.662.91$39,699
Jul 2012015,84685.133.02$47,868
Jun 2012019,33779.822.52$48,711
May 2012016,87291.612.49$41,983
Apr 2012014,363101.652.00$28,680
Mar 2012017,235105.052.22$38,298
Feb 2012016,468101.102.57$42,327
Jan 2012018,45398.092.73$50,452
Dec 201105,86396.873.24$18,995
Nov 201109,58295.723.31$31,729
Oct 2011016,76084.983.65$61,150
Sep 2011021,32783.623.99$85,005
Aug 2011024,57083.404.15$101,949
Jul 2011030,51294.144.52$137,830
Jun 2011046,47692.904.64$215,643
May 2011026,25298.134.40$115,635
Apr 2011026,503105.964.33$114,845
Mar 2011015,21196.364.06$61,716
Feb 20110085.644.18$0
Jan 201105,95986.504.59$27,345
Dec 2010021,93685.734.35$95,372
Nov 2010022,44880.843.80$85,198
Oct 2010025,05178.103.51$87,901
Sep 2010026,16172.633.98$104,107
Aug 2010027,66573.684.42$122,262
Jul 2010028,28272.554.74$133,957
Jun 2010026,92370.364.91$132,203
May 2010028,96771.124.24$122,682
Apr 2010028,71381.694.12$118,375
Mar 2010029,91278.394.39$131,274
Feb 2010027,93273.585.44$152,016
Jan 2010029,25474.365.96$174,473
Dec 2009032,34271.445.48$177,355
Nov 2009035,00574.593.75$131,321
Oct 2009030,18872.544.11$124,080
Sep 2009032,70265.543.06$100,223
Aug 2009034,94967.423.22$112,483
Jul 2009036,94661.133.46$127,999
Jun 2009039,01366.163.90$151,956
May 2009040,69554.743.93$159,758
Apr 2009041,81546.773.59$150,011
Mar 2009044,22942.144.06$179,526
Feb 2009042,09932.814.63$195,045
Jan 2009047,37035.865.37$254,424
Dec 2008049,40937.105.98$295,325
Nov 2008049,60355.496.86$340,294
Oct 2008056,01575.246.92$387,735
Sep 2008057,384101.767.88$452,019
Aug 2008066,736114.228.48$566,123
Jul 2008072,217131.0811.39$822,510
Jun 2008082,904131.3313.03$1,080,457
May 2008094,212123.1711.57$1,090,437
Apr 2008093,277110.3110.45$975,198
Mar 20083106,322101.909.66$1,027,809
Feb 2008196,96692.538.77$850,541
Jan 2008033,32590.388.21$273,456

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                1,304 Mcf  × $  3.05 =     $3,972

────────────────────────────────────────────────────
Month total                                   $3,972

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/238272 is the state's own key, not one this site invented.