WINSTON

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 238459District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.2 M
May 2007 – May 2026
Value, last 12 filed months
$215 k
at the published price for each month
Months reported
229
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
CondensateDisposition3,755 bbl$296,617
GasProduction2,830,655 Mcf$12,867,274
Total$13,163,891

Every month this lease reported (229)

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

229 months

May 202605,271106.413.05$16,055
Apr 202603,36798.932.87$9,662
Mar 202604,90189.753.15$15,435
Feb 202604,39163.503.75$16,468
Jan 202604,37959.138.00$35,023
Dec 202505,15556.664.41$22,751
Nov 202504,98558.593.93$19,573
Oct 202504,89859.383.30$16,187
Sep 202554,89062.743.08$15,360
Aug 202505,18963.933.01$15,644
Jul 202505,12066.743.32$16,974
Jun 202504,95666.483.13$15,506
May 202505,13660.553.23$16,601
Apr 202505,50862.363.54$19,516
Mar 202505,73067.704.27$24,457
Feb 202505,14070.884.34$22,312
Jan 202506,07174.324.28$25,976
Dec 202405,99268.993.12$18,703
Nov 202405,67669.052.20$12,478
Oct 202406,58771.372.28$15,028
Sep 202406,16669.612.36$14,579
Aug 202406,23875.632.06$12,873
Jul 202406,34079.932.15$13,609
Jun 202405,66778.082.63$14,927
May 202406,48478.812.20$14,255
Apr 202406,26884.451.66$10,400
Mar 202406,53680.301.55$10,099
Feb 202406,16476.091.78$10,994
Jan 202406,55673.023.30$21,619
Dec 202306,49171.262.61$16,946
Nov 202306,20077.892.81$17,407
Oct 202306,41585.443.09$19,805
Sep 202306,11789.042.74$16,730
Aug 202306,43980.522.67$17,211
Jul 202306,55774.852.64$17,322
Jun 202306,41968.962.26$14,497
May 202306,57170.622.23$14,636
Apr 202306,42978.122.24$14,387
Mar 202306,54672.852.39$15,666
Feb 202306,05675.112.47$14,932
Jan 202306,53476.533.39$22,135
Dec 202206,57176.415.73$37,646
Nov 202206,44685.005.65$36,395
Oct 202206,82387.185.86$40,008
Sep 202206,66984.888.16$54,444
Aug 202206,85194.529.13$62,530
Jul 202206,788101.587.54$51,196
Jun 202206,547115.097.98$52,227
May 202206,637109.378.43$55,970
Apr 202206,551104.226.84$44,793
Mar 202206,791108.885.08$34,474
Feb 202206,19491.054.86$30,096
Jan 202207,03681.844.54$31,927
Dec 202107,08571.323.90$27,625
Nov 202106,89077.435.24$36,082
Oct 202107,12179.795.71$40,688
Sep 202106,85669.865.35$36,686
Aug 202107,17466.024.22$30,279
Jul 202107,07470.783.98$28,169
Jun 202106,81669.493.38$23,042
May 202107,01363.483.02$21,163
Apr 202106,79560.362.76$18,743
Mar 202107,33261.302.72$19,921
Feb 202105,68857.805.55$31,557
Jan 202107,13650.412.81$20,054
Dec 202007,33844.642.68$19,633
Nov 202007,21538.772.71$19,528
Oct 202007,76236.972.48$19,238
Sep 202007,38637.091.99$14,706
Aug 202008,31639.982.39$19,834
Jul 202007,45938.371.83$13,614
Jun 202006,92634.901.69$11,707
May 202006,76416.921.81$12,275
Apr 202006,79614.751.80$12,263
Mar 202006,95830.341.86$12,916
Feb 202006,54949.881.98$12,971
Jan 202007,41957.252.09$15,541
Dec 201907,47759.012.30$17,230
Nov 201907,38355.302.75$20,308
Oct 201907,86453.472.42$19,019
Sep 201917,75255.052.66$20,654
Aug 201908,04053.112.30$18,527
Jul 201908,24256.272.46$20,276
Jun 201907,90952.782.49$19,703
May 201906,63458.482.74$18,179
Apr 201917,23362.632.75$19,958
Mar 201907,53656.803.06$23,076
Feb 201907,05550.852.79$19,699
Jan 201917,93146.033.23$25,649
Dec 201837,80746.594.19$32,816
Nov 201807,46452.934.24$31,627
Oct 201807,76261.443.40$26,376
Sep 201807,53859.543.11$23,428
Aug 201807,99359.403.07$24,511
Jul 201898,00165.142.93$24,044
Jun 201817,34260.183.08$22,651
May 201818,26865.382.90$24,049
Apr 201878,06563.842.90$23,842
Mar 201808,54361.222.79$23,808
Feb 201808,13061.782.77$22,489
Jan 201818,94262.874.01$35,914
Dec 201708,96757.272.92$26,197
Nov 201708,22455.423.12$25,645
Oct 201708,53149.292.98$25,454
Sep 201708,55847.523.09$26,421
Aug 201708,66345.373.00$26,027
Jul 201708,53543.873.09$26,350
Jun 201708,49542.493.09$26,226
May 201708,72345.373.26$28,467
Apr 201708,72347.933.21$28,015
Mar 2017149,14946.772.98$27,952
Feb 201708,34150.452.95$24,628
Jan 2017011,05349.413.42$37,788
Dec 201609,19748.763.72$34,239
Nov 201609,03842.492.64$23,900
Oct 201608,89146.193.09$27,476
Sep 201608,44041.553.10$26,169
Aug 201659,52241.442.92$28,053
Jul 2016010,21741.622.92$29,878
Jun 201609,94145.352.69$26,700
May 2016010,67842.521.99$21,260
Apr 2016510,04736.561.99$20,187
Mar 2016010,34333.011.79$18,555
Feb 201659,59026.472.06$19,923
Jan 20168910,66527.352.36$27,650
Dec 2015010,28532.362.00$20,585
Nov 201508,74438.792.17$18,951
Oct 2015010,27643.552.43$24,936
Sep 2015010,95742.992.76$30,224
Aug 2015010,19640.162.87$29,288
Jul 201549,23248.152.95$27,382
Jun 2015010,31056.152.88$29,722
May 2015011,45855.212.96$33,864
Apr 2015010,94749.822.71$29,629
Mar 20151511,67942.892.93$34,918
Feb 2015010,42444.662.98$31,024
Jan 2015011,32643.433.10$35,118
Dec 20147611,34554.693.59$44,900
Nov 2014010,59070.464.25$45,027
Oct 2014012,34678.303.90$48,161
Sep 2014011,90286.164.05$48,149
Aug 2014011,43089.394.04$46,121
Jul 2014012,90796.564.18$53,946
Jun 2014010,71998.164.74$50,775
May 2014012,62994.734.73$59,692
Apr 2014010,48195.944.81$50,404
Mar 20147612,70795.895.06$71,544
Feb 2014011,70897.406.19$72,496
Jan 2014013,05390.404.86$63,447
Dec 20138312,31191.824.35$61,229
Nov 2013012,77688.853.74$47,760
Oct 2013014,42397.423.78$54,510
Sep 2013013,096104.113.72$48,688
Aug 2013014,414104.253.52$50,775
Jul 2013014,252102.523.72$52,985
Jun 20138913,63794.403.93$62,042
May 2013013,27094.834.15$55,058
Apr 2013012,17793.964.28$52,149
Mar 20135514,10493.623.91$60,336
Feb 2013013,19891.233.42$45,136
Jan 2013014,49691.603.42$49,575
Dec 20128115,18886.773.42$58,974
Nov 2012014,63986.953.62$53,066
Oct 2012015,64589.383.40$53,188
Sep 20128414,84694.672.92$51,279
Aug 2012015,22792.662.91$44,283
Jul 2012013,93885.133.02$42,104
Jun 20128314,95679.822.52$44,300
May 2012016,74491.612.49$41,664
Apr 2012016,830101.652.00$33,606
Mar 20126716,429105.052.22$43,545
Feb 20128217,929101.102.57$54,372
Jan 2012016,32298.092.73$44,626
Dec 20118917,66396.873.24$65,845
Nov 2011020,27595.723.31$67,136
Oct 2011021,75984.983.65$79,389
Sep 20118020,98983.623.99$90,348
Aug 2011019,67683.404.15$81,642
Jul 2011022,28494.144.52$100,662
Jun 20119022,09592.904.64$110,879
May 2011023,04198.134.40$101,491
Apr 2011023,351105.964.33$101,186
Mar 20115223,43096.364.06$100,074
Feb 2011020,44485.644.18$85,456
Jan 20119724,91686.504.59$122,725
Dec 20108126,61485.734.35$122,655
Nov 2010027,73980.843.80$105,279
Oct 201010539,00178.103.51$145,051
Sep 20100072.633.98$0
Aug 201001473.684.42$62
Jul 201004,16472.554.74$19,723
Jun 2010010,76870.364.91$52,875
May 20108413,81871.124.24$64,496
Apr 2010015,80481.694.12$65,155
Mar 2010017,64278.394.39$77,425
Feb 20105115,63373.585.44$88,833
Jan 2010017,46474.365.96$104,157
Dec 200918718,29371.445.48$113,674
Nov 20099019,04074.593.75$78,142
Oct 2009020,37572.544.11$83,746
Sep 20093618,10265.543.06$57,838
Aug 200910119,75967.423.22$70,404
Jul 2009019,92661.133.46$69,034
Jun 20096119,87866.163.90$81,461
May 200912020,50654.743.93$87,070
Apr 2009020,27846.773.59$72,747
Mar 2009020,57742.144.06$83,522
Feb 2009021,95932.814.63$101,736
Jan 2009025,50135.865.37$136,966
Dec 2008024,29337.105.98$145,203
Nov 2008025,59055.496.86$175,557
Oct 2008026,54575.246.92$183,744
Sep 2008023,055101.767.88$181,606
Aug 2008017,718114.228.48$150,302
Jul 2008016,335131.0811.39$186,046
Jun 2008017,610131.3313.03$229,505
May 2008018,642123.1711.57$215,768
Apr 200815325,600110.3110.45$284,522
Mar 2008027,604101.909.66$266,767
Feb 200816727,12192.538.77$253,319
Jan 2008028,28590.388.21$232,099
Dec 200718530,95188.337.30$242,344
Nov 200718532,57591.677.29$254,486
Oct 2007036,56882.856.92$253,123
Sep 200712338,28375.846.24$248,374
Aug 200716938,34269.066.39$256,598
Jul 200716544,63370.906.39$296,811
Jun 200719450,51462.007.55$393,330
May 200714773,36658.747.85$584,285

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                5,271 Mcf  × $  3.05 =    $16,055

────────────────────────────────────────────────────
Month total                                  $16,055

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/238459 is the state's own key, not one this site invented.