SMITH, GERY 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 238421District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.5 M
Aug 2007 – May 2026
Value, last 12 filed months
$65 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
CondensateDisposition16 bbl$1,748
GasProduction1,498,392 Mcf$9,450,057
Total$9,451,805

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 202601,053106.413.05$3,207
Apr 202601,12598.932.87$3,228
Mar 202601,75489.753.15$5,524
Feb 2026016163.503.75$604
Jan 2026070459.138.00$5,631
Dec 202501,09056.664.41$4,811
Nov 202501,13458.593.93$4,453
Oct 202501,98559.383.30$6,560
Sep 202502,57762.743.08$7,929
Aug 202501,64663.933.01$4,962
Jul 202502,95266.743.32$9,786
Jun 202502,77466.483.13$8,679
May 202501,72660.553.23$5,579
Apr 202501,60362.363.54$5,680
Mar 202501,25167.704.27$5,340
Feb 2025085570.884.34$3,711
Jan 202501,15574.324.28$4,942
Dec 202402,13568.993.12$6,664
Nov 202401,14669.052.20$2,519
Oct 202401,03971.372.28$2,370
Sep 2024025169.612.36$593
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023070574.852.64$1,862
Jun 2023079768.962.26$1,800
May 202301,53470.622.23$3,417
Apr 202302,12578.122.24$4,755
Mar 2023016,68472.852.39$39,927
Feb 202301,33675.112.47$3,294
Jan 20230076.533.39$0
Dec 202208276.415.73$470
Nov 202201,88485.005.65$10,637
Oct 202202,33487.185.86$13,686
Sep 202201,95084.888.16$15,919
Aug 202202,19094.529.13$19,988
Jul 202204,586101.587.54$34,588
Jun 202203,470115.097.98$27,681
May 202204,730109.378.43$39,888
Apr 202204,100104.226.84$28,034
Mar 202201,326108.885.08$6,731
Feb 2022029091.054.86$1,409
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018010859.543.11$336
Aug 2018025759.403.07$788
Jul 2018023565.142.93$689
Jun 2018018860.183.08$578
May 2018030065.382.90$870
Apr 2018031163.842.90$902
Mar 2018029261.222.79$814
Feb 201809961.782.77$274
Jan 2018047062.874.01$1,884
Dec 2017026457.272.92$771
Nov 201703,13955.423.12$9,789
Oct 2017045049.292.98$1,343
Sep 201702,68147.523.09$8,277
Aug 2017045145.373.00$1,355
Jul 201702,32543.873.09$7,178
Jun 201702,58042.493.09$7,965
May 2017036045.373.26$1,175
Apr 2017039347.933.21$1,262
Mar 2017028246.772.98$841
Feb 201709950.452.95$292
Jan 2017016249.413.42$554
Dec 2016013448.763.72$499
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016027341.622.92$798
Jun 2016028645.352.69$768
May 2016050242.521.99$1,000
Apr 201601,77236.561.99$3,528
Mar 2016092633.011.79$1,661
Feb 2016056026.472.06$1,156
Jan 2016056127.352.36$1,326
Dec 201503,42132.362.00$6,847
Nov 201504,21538.792.17$9,135
Oct 201503,71443.552.43$9,012
Sep 201501,28142.992.76$3,534
Aug 201503,41240.162.87$9,801
Jul 2015046648.152.95$1,372
Jun 2015040756.152.88$1,173
May 201502,57055.212.96$7,596
Apr 201503,85749.822.71$10,439
Mar 201502,78442.892.93$8,170
Feb 2015040944.662.98$1,217
Jan 2015021543.433.10$667
Dec 2014026354.693.59$945
Nov 201403,25470.464.25$13,835
Oct 201404,78678.303.90$18,670
Sep 201403,57886.164.05$14,475
Aug 201404,67489.394.04$18,860
Jul 201405,97296.564.18$24,961
Jun 201403,95898.164.74$18,749
May 201401,33094.734.73$6,286
Apr 2014029295.944.81$1,404
Mar 2014059395.895.06$2,999
Feb 2014075397.406.19$4,663
Jan 2014087490.404.86$4,248
Dec 2013045391.824.35$1,973
Nov 2013075988.853.74$2,837
Oct 201301,21497.423.78$4,588
Sep 201304,336104.113.72$16,120
Aug 201305,191104.253.52$18,286
Jul 201304,719102.523.72$17,544
Jun 201303,54894.403.93$13,956
May 201304,35694.834.15$18,073
Apr 201304,84393.964.28$20,741
Mar 201305,44593.623.91$21,306
Feb 201304,68991.233.42$16,036
Jan 201303,37591.603.42$11,542
Dec 201206,54286.773.42$22,375
Nov 201201,20186.953.62$4,354
Oct 201203,70489.383.40$12,592
Sep 201206,34794.672.92$18,523
Aug 201206,66092.662.91$19,368
Jul 201206,85485.133.02$20,705
Jun 201207,55179.822.52$19,021
May 201208,45191.612.49$21,029
Apr 201208,506101.652.00$16,985
Mar 201209,309105.052.22$20,685
Feb 201209,211101.102.57$23,674
Jan 201206,36398.092.73$17,397
Dec 201104,31396.873.24$13,973
Nov 201106,16795.723.31$20,421
Oct 201109,85384.983.65$35,949
Sep 201105,53083.623.99$22,041
Aug 2011011,70083.404.15$48,547
Jul 2011012,68394.144.52$57,292
Jun 2011012,26092.904.64$56,885
May 2011013,76198.134.40$60,615
Apr 2011013,004105.964.33$56,350
Mar 2011010,03396.364.06$40,707
Feb 201101,15885.644.18$4,840
Jan 2011014,57186.504.59$66,863
Dec 2010116,74485.734.35$72,884
Nov 2010017,96180.843.80$68,168
Oct 2010015,28878.103.51$53,644
Sep 201007,62772.633.98$30,351
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010016678.394.39$729
Feb 2010012,39073.585.44$67,431
Jan 2010015,14274.365.96$90,308
Dec 2009016,10371.445.48$88,305
Nov 2009019,55174.593.75$73,346
Oct 200907,55772.544.11$31,061
Sep 2009022,43065.543.06$68,742
Aug 2009025,80867.423.22$83,063
Jul 2009021,35661.133.46$73,988
Jun 2009024,56166.163.90$95,665
May 2009030,77754.743.93$120,823
Apr 20090046.773.59$0
Mar 2009011,47042.144.06$46,557
Feb 2009021,37932.814.63$99,049
Jan 2009028,12035.865.37$151,033
Dec 2008026,45737.105.98$158,137
Nov 2008028,90655.496.86$198,306
Oct 2008015,64275.246.92$108,274
Sep 2008025,148101.767.88$198,093
Aug 2008034,159114.228.48$289,771
Jul 2008137,009131.0811.39$421,642
Jun 2008039,125131.3313.03$509,902
May 2008343,676123.1711.57$505,888
Apr 2008646,908110.3110.45$491,078
Mar 2008456,306101.909.66$544,553
Feb 2008158,34992.538.77$511,847
Jan 2008069,10390.388.21$567,041
Dec 2007086,75288.337.30$633,461
Nov 2007097,45591.677.29$710,613
Oct 2007065,16482.856.92$451,064
Sep 2007057,36675.846.24$358,202
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                1,053 Mcf  × $  3.05 =     $3,207

────────────────────────────────────────────────────
Month total                                   $3,207

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/238421 is the state's own key, not one this site invented.