FEDERAL

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 238431District 09Field 65280200GasSaveExport
Value, all time
$25.8 M
Jul 2007 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
227
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
GasProduction5,139,544 Mcf$25,831,224
Total$25,831,224

Every month this lease reported (227)

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

227 months

May 20265,419106.413.05$16,505
Apr 20265,60698.932.87$16,088
Mar 20265,44589.753.15$17,149
Feb 20264,94163.503.75$18,530
Jan 20264,77159.138.00$38,158
Dec 20255,26556.664.41$23,236
Nov 20255,06158.593.93$19,872
Oct 20255,22059.383.30$17,251
Sep 20255,07762.743.08$15,622
Aug 20254,91463.933.01$14,815
Jul 20254,70866.743.32$15,608
Jun 20254,79566.483.13$15,002
May 20255,03460.553.23$16,272
Apr 20254,85562.363.54$17,202
Mar 20255,31567.704.27$22,686
Feb 20255,10170.884.34$22,143
Jan 20255,66674.324.28$24,243
Dec 20245,51768.993.12$17,221
Nov 20245,40269.052.20$11,876
Oct 20245,44371.372.28$12,418
Sep 20245,34869.612.36$12,645
Aug 20245,32775.632.06$10,993
Jul 20245,40579.932.15$11,602
Jun 20245,43578.082.63$14,316
May 20245,69778.812.20$12,525
Apr 20245,34584.451.66$8,868
Mar 20245,69380.301.55$8,796
Feb 20245,49076.091.78$9,792
Jan 20245,74073.023.30$18,929
Dec 20235,80571.262.61$15,155
Nov 20235,20777.892.81$14,619
Oct 20235,43685.443.09$16,782
Sep 20234,48689.042.74$12,269
Aug 20235,44780.522.67$14,559
Jul 20235,94874.852.64$15,713
Jun 20236,00868.962.26$13,569
May 20236,96870.622.23$15,521
Apr 20235,88178.122.24$13,160
Mar 20236,58472.852.39$15,757
Feb 20236,09275.112.47$15,021
Jan 20237,11976.533.39$24,117
Dec 20226,27276.415.73$35,933
Nov 20222,51185.005.65$14,178
Oct 20225,19387.185.86$30,451
Sep 20226,49984.888.16$53,056
Aug 20226,60994.529.13$60,321
Jul 20226,721101.587.54$50,690
Jun 20226,600115.097.98$52,650
May 20226,828109.378.43$57,581
Apr 20226,613104.226.84$45,217
Mar 20226,827108.885.08$34,657
Feb 20225,48391.054.86$26,641
Jan 20227,15981.844.54$32,485
Dec 20216,95771.323.90$27,126
Nov 20216,95877.435.24$36,438
Oct 20217,11779.795.71$40,666
Sep 20216,86069.865.35$36,707
Aug 20216,06866.024.22$25,611
Jul 20217,12470.783.98$28,368
Jun 20216,97769.493.38$23,587
May 20217,32163.483.02$22,092
Apr 20217,10260.362.76$19,590
Mar 20217,34361.302.72$19,950
Feb 20215,60457.805.55$31,091
Jan 20217,38450.412.81$20,751
Dec 20205,40644.642.68$14,464
Nov 20207,92238.772.71$21,441
Oct 20207,96936.972.48$19,751
Sep 20208,48837.091.99$16,900
Aug 20208,91339.982.39$21,258
Jul 20209,20538.371.83$16,800
Jun 20209,09034.901.69$15,365
May 20209,62316.921.81$17,463
Apr 20209,29814.751.80$16,777
Mar 20209,75430.341.86$18,106
Feb 20209,32249.881.98$18,464
Jan 20208,80457.252.09$18,442
Dec 20199,06859.012.30$20,896
Nov 20198,89855.302.75$24,476
Oct 20199,19053.472.42$22,226
Sep 20198,51855.052.66$22,635
Aug 201910,06153.112.30$23,184
Jul 201910,49856.272.46$25,826
Jun 20199,50552.782.49$23,679
May 201910,79758.482.74$29,587
Apr 20199,86162.632.75$27,125
Mar 201910,91756.803.06$33,429
Feb 20199,71350.852.79$27,121
Jan 201911,08146.033.23$35,771
Dec 201811,71046.594.19$49,012
Nov 201811,69352.934.24$49,546
Oct 20188,31761.443.40$28,262
Sep 20189,36859.543.11$29,116
Aug 201811,40559.403.07$34,974
Jul 201811,11165.142.93$32,576
Jun 201811,58860.183.08$35,655
May 201812,22365.382.90$35,456
Apr 201811,52263.842.90$33,423
Mar 201810,73461.222.79$29,914
Feb 201810,70761.782.77$29,617
Jan 201812,24562.874.01$49,094
Dec 201711,15557.272.92$32,590
Nov 201710,52255.423.12$32,811
Oct 201712,50049.292.98$37,296
Sep 201712,48347.523.09$38,539
Aug 201713,70945.373.00$41,187
Jul 201714,29643.873.09$44,136
Jun 201714,09742.493.09$43,521
May 201713,18145.373.26$43,015
Apr 201715,08847.933.21$48,457
Mar 201714,76546.772.98$44,054
Feb 201711,39350.452.95$33,639
Jan 20179,62949.413.42$32,920
Dec 201610,98648.763.72$40,899
Nov 201611,96642.492.64$31,642
Oct 201611,70746.193.09$36,178
Sep 201611,37841.553.10$35,279
Aug 201611,44741.442.92$33,475
Jul 201612,20841.622.92$35,700
Jun 201611,97645.352.69$32,166
May 201612,64942.521.99$25,185
Apr 201613,32036.561.99$26,521
Mar 201614,17333.011.79$25,427
Feb 201611,59226.472.06$23,922
Jan 201614,34627.352.36$33,919
Dec 201515,05632.362.00$30,133
Nov 201515,38638.792.17$33,347
Oct 201517,21843.552.43$41,781
Sep 201515,40342.992.76$42,488
Aug 201515,25540.162.87$43,820
Jul 201513,85848.152.95$40,813
Jun 201512,76056.152.88$36,785
May 201512,97955.212.96$38,359
Apr 201513,28149.822.71$35,946
Mar 201514,71842.892.93$43,193
Feb 201513,83344.662.98$41,170
Jan 201514,99243.433.10$46,485
Dec 201414,82954.693.59$53,256
Nov 201414,48170.464.25$61,571
Oct 201416,64978.303.90$64,947
Sep 201416,05386.164.05$64,941
Aug 201417,37989.394.04$70,126
Jul 201417,01696.564.18$71,120
Jun 201418,71498.164.74$88,646
May 201420,49794.734.73$96,880
Apr 201421,65395.944.81$104,132
Mar 201422,11495.895.06$111,826
Feb 201425,02697.406.19$154,961
Jan 201428,79890.404.86$139,979
Dec 201325,53091.824.35$111,170
Nov 201328,53088.853.74$106,653
Oct 201331,50597.423.78$119,069
Sep 201333,788104.113.72$125,615
Aug 201338,631104.253.52$136,082
Jul 201344,886102.523.72$166,874
Jun 201354,30894.403.93$213,616
May 201362,68794.834.15$260,093
Apr 201325,00593.964.28$107,086
Mar 201318,55893.623.91$72,615
Feb 201326,31991.233.42$90,009
Jan 201331,11891.603.42$106,421
Dec 2012086.773.42$0
Nov 201224,14786.953.62$87,532
Oct 201223,90889.383.40$81,280
Sep 201222,22694.672.92$64,864
Aug 201219,00792.662.91$55,275
Jul 201226,61885.133.02$80,408
Jun 201227,05679.822.52$68,155
May 201228,49391.612.49$70,900
Apr 201228,099101.652.00$56,108
Mar 201229,694105.052.22$65,982
Feb 201228,435101.102.57$73,085
Jan 201231,65998.092.73$86,558
Dec 201132,65096.873.24$105,778
Nov 201132,72095.723.31$108,345
Oct 201123,93084.983.65$87,310
Sep 201128,87583.623.99$115,090
Aug 201130,64483.404.15$127,152
Jul 201130,83294.144.52$139,276
Jun 201130,25192.904.64$140,361
May 201132,09398.134.40$141,364
Apr 201131,940105.964.33$138,405
Mar 201133,90896.364.06$137,576
Feb 201130,24485.644.18$126,419
Jan 201135,05986.504.59$160,878
Dec 201035,83385.734.35$155,793
Nov 201035,43480.843.80$134,484
Oct 201037,25978.103.51$130,738
Sep 201036,80772.633.98$146,472
Aug 201039,00673.684.42$172,382
Jul 201039,08472.554.74$185,121
Jun 201039,21770.364.91$192,571
May 201041,54771.124.24$175,961
Apr 201041,10981.694.12$169,480
Mar 201043,43678.394.39$190,626
Feb 201040,09173.585.44$218,190
Jan 201045,36174.365.96$270,537
Dec 200946,14471.445.48$253,042
Nov 200946,26174.593.75$173,548
Oct 200949,41572.544.11$203,108
Sep 200949,21765.543.06$150,838
Aug 200950,07267.423.22$161,157
Jul 200952,63361.133.46$182,347
Jun 200951,82666.163.90$201,862
May 200955,25354.743.93$216,909
Apr 200954,73746.773.59$196,369
Mar 200959,80542.144.06$242,749
Feb 200953,81032.814.63$249,302
Jan 200962,07435.865.37$333,399
Dec 200863,68437.105.98$380,648
Nov 200862,23755.496.86$426,968
Oct 200866,48475.246.92$460,201
Sep 200865,729101.767.88$517,753
Aug 200872,322114.228.48$613,509
Jul 200872,269131.0811.39$823,103
Jun 200869,861131.3313.03$910,473
May 200874,894123.1711.57$866,845
Apr 200875,098110.3110.45$785,139
Mar 200885,457101.909.66$825,862
Feb 200885,04492.538.77$745,885
Jan 200893,54490.388.21$767,597
Dec 2007100,44288.337.30$733,424
Nov 2007104,67991.677.29$763,288
Oct 2007116,82982.856.92$808,688
Sep 2007125,26575.846.24$782,175
Aug 2007144,60969.066.39$923,754
Jul 200729,12970.906.39$186,074

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/238431 is the state's own key, not one this site invented.