CRANZ

Operated by BKV BARNETT, LLC (P-5 72504) 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 238493District 09Field 65280200GasSaveExport
Value, all time
$11.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
219
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
GasProduction2,269,625 Mcf$11,056,436
Total$11,056,436

Every month this lease reported (219)

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

219 months

May 20263,739106.413.05$11,388
Apr 20263,65298.932.87$10,480
Mar 20263,75589.753.15$11,826
Feb 20263,69563.503.75$13,857
Jan 20263,54859.138.00$28,377
Dec 20253,97756.664.41$17,552
Nov 20253,93258.593.93$15,439
Oct 20253,76459.383.30$12,439
Sep 20254,46862.743.08$13,748
Aug 20254,74463.933.01$14,302
Jul 20254,50666.743.32$14,938
Jun 20254,75466.483.13$14,874
May 20253,52160.553.23$11,381
Apr 20254,87762.363.54$17,280
Mar 20255,34067.704.27$22,793
Feb 20254,55770.884.34$19,781
Jan 20254,80874.324.28$20,572
Dec 20244,68268.993.12$14,614
Nov 20245,28169.052.20$11,610
Oct 20245,60271.372.28$12,780
Sep 20245,74969.612.36$13,593
Aug 20244,89975.632.06$10,110
Jul 20244,17479.932.15$8,960
Jun 20245,26678.082.63$13,871
May 20244,96778.812.20$10,920
Apr 20244,24784.451.66$7,047
Mar 20243,69780.301.55$5,712
Feb 20243,53076.091.78$6,296
Jan 20244,42573.023.30$14,592
Dec 20234,98471.262.61$13,012
Nov 20234,62177.892.81$12,974
Oct 20234,69585.443.09$14,495
Sep 20233,91289.042.74$10,699
Aug 20234,17180.522.67$11,149
Jul 20234,30774.852.64$11,378
Jun 20234,72468.962.26$10,669
May 20235,32170.622.23$11,852
Apr 20234,82978.122.24$10,806
Mar 20235,90872.852.39$14,139
Feb 20235,30975.112.47$13,090
Jan 202337576.533.39$1,270
Dec 202238276.415.73$2,189
Nov 20221,24185.005.65$7,007
Oct 20226,42787.185.86$37,686
Sep 20224,67984.888.16$38,198
Aug 20224,94794.529.13$45,152
Jul 20224,308101.587.54$32,491
Jun 20225,338115.097.98$42,582
May 20226,573109.378.43$55,430
Apr 20225,253104.226.84$35,918
Mar 20225,496108.885.08$27,900
Feb 20225,17591.054.86$25,145
Jan 20225,98181.844.54$27,140
Dec 20216,47371.323.90$25,239
Nov 20216,18377.435.24$32,379
Oct 20215,65979.795.71$32,335
Sep 20215,15569.865.35$27,584
Aug 20215,15766.024.22$21,766
Jul 20216,17370.783.98$24,581
Jun 20215,66069.493.38$19,134
May 20215,79463.483.02$17,484
Apr 20215,83960.362.76$16,106
Mar 20215,96561.302.72$16,207
Feb 20214,78157.805.55$26,525
Jan 20215,98950.412.81$16,831
Dec 20206,58444.642.68$17,615
Nov 20206,04138.772.71$16,350
Oct 20205,85836.972.48$14,519
Sep 20205,56937.091.99$11,088
Aug 20206,17039.982.39$14,716
Jul 20206,71438.371.83$12,254
Jun 20207,08834.901.69$11,981
May 20206,45516.921.81$11,714
Apr 20205,29414.751.80$9,552
Mar 20205,38630.341.86$9,998
Feb 20204,87249.881.98$9,650
Jan 20205,57257.252.09$11,672
Dec 20195,58459.012.30$12,868
Nov 20195,32555.302.75$14,647
Oct 20195,63753.472.42$13,633
Sep 20195,40755.052.66$14,368
Aug 20195,40453.112.30$12,453
Jul 20195,16956.272.46$12,716
Jun 20195,26352.782.49$13,111
May 20195,95658.482.74$16,321
Apr 20195,62362.632.75$15,467
Mar 20195,81656.803.06$17,809
Feb 20195,75250.852.79$16,061
Jan 20196,45646.033.23$20,841
Dec 20186,27246.594.19$26,251
Nov 20186,16052.934.24$26,101
Oct 20186,30561.443.40$21,425
Sep 20186,32459.543.11$19,655
Aug 20187,67559.403.07$23,536
Jul 20187,33965.142.93$21,517
Jun 20187,26060.183.08$22,338
May 20186,82965.382.90$19,810
Apr 20185,30963.842.90$15,400
Mar 20185,17961.222.79$14,433
Feb 20184,87661.782.77$13,488
Jan 20187,72662.874.01$30,976
Dec 20176,43857.272.92$18,809
Nov 20175,09455.423.12$15,885
Oct 20176,22949.292.98$18,585
Sep 20174,23547.523.09$13,075
Aug 20175,93045.373.00$17,816
Jul 20175,49943.873.09$16,977
Jun 20176,67142.493.09$20,595
May 20176,48145.373.26$21,150
Apr 20176,61147.933.21$21,232
Mar 20178,86346.772.98$26,444
Feb 20178,66650.452.95$25,587
Jan 20177,11149.413.42$24,311
Dec 20166,18148.763.72$23,011
Nov 20166,12542.492.64$16,197
Oct 20166,88646.193.09$21,280
Sep 20166,54041.553.10$20,278
Aug 20166,88241.442.92$20,125
Jul 20166,48541.622.92$18,964
Jun 20167,24845.352.69$19,467
May 20167,83742.521.99$15,604
Apr 20167,56336.561.99$15,058
Mar 20167,94833.011.79$14,259
Feb 20167,64326.472.06$15,772
Jan 20168,06527.352.36$19,069
Dec 20157,78132.362.00$15,573
Nov 20157,50238.792.17$16,259
Oct 20157,86843.552.43$19,092
Sep 20157,74742.992.76$21,369
Aug 20158,28440.162.87$23,796
Jul 20157,88748.152.95$23,228
Jun 20157,88556.152.88$22,731
May 20158,30755.212.96$24,551
Apr 20158,14649.822.71$22,048
Mar 20158,51142.892.93$24,977
Feb 20157,71444.662.98$22,958
Jan 20159,83843.433.10$30,504
Dec 20149,64254.693.59$34,628
Nov 201410,69270.464.25$45,461
Oct 20148,90178.303.90$34,722
Sep 20148,16586.164.05$33,031
Aug 201410,74589.394.04$43,357
Jul 20144,15196.564.18$17,350
Jun 20145,44498.164.74$25,788
May 20146,12594.734.73$28,950
Apr 20146,97195.944.81$33,524
Mar 20149,28695.895.06$46,957
Feb 20148,79097.406.19$54,428
Jan 201410,39490.404.86$50,522
Dec 201311,01191.824.35$47,947
Nov 201310,89688.853.74$40,732
Oct 201312,00197.423.78$45,356
Sep 201311,723104.113.72$43,583
Aug 201312,453104.253.52$43,867
Jul 201313,010102.523.72$48,368
Jun 201312,69194.403.93$49,919
May 201313,20394.834.15$54,780
Apr 201312,87493.964.28$55,134
Mar 201313,83093.623.91$54,115
Feb 201311,82291.233.42$40,430
Jan 201315,34291.603.42$52,468
Dec 201216,67686.773.42$57,035
Nov 201216,40586.953.62$59,467
Oct 201213,18689.383.40$44,828
Sep 201211,35894.672.92$33,147
Aug 201211,10092.662.91$32,281
Jul 201210,77985.133.02$32,561
Jun 201210,35479.822.52$26,082
May 201210,03291.612.49$24,963
Apr 201210,394101.652.00$20,755
Mar 201211,200105.052.22$24,887
Feb 201210,660101.102.57$27,399
Jan 201211,70598.092.73$32,002
Dec 201112,55296.873.24$40,665
Nov 201111,55495.723.31$38,259
Oct 201112,21984.983.65$44,582
Sep 201112,24683.623.99$48,810
Aug 201112,86183.404.15$53,364
Jul 201113,00494.144.52$58,742
Jun 201112,35792.904.64$57,335
May 201113,76098.134.40$60,610
Apr 201113,904105.964.33$60,250
Mar 201113,93996.364.06$56,555
Feb 201113,63485.644.18$56,990
Jan 201115,59286.504.59$71,548
Dec 201014,68485.734.35$63,842
Nov 201014,11380.843.80$53,563
Oct 201015,67878.103.51$55,012
Sep 201014,67472.633.98$58,395
Aug 201015,72073.684.42$69,472
Jul 201016,21272.554.74$76,788
Jun 201016,66070.364.91$81,807
May 201017,07371.124.24$72,308
Apr 201017,22381.694.12$71,005
Mar 201017,94678.394.39$78,759
Feb 201016,88673.585.44$91,900
Jan 201018,28574.365.96$109,053
Dec 200918,92871.445.48$103,796
Nov 200918,46174.593.75$69,256
Oct 200919,81172.544.11$81,428
Sep 200919,66065.543.06$60,253
Aug 200921,32567.423.22$68,635
Jul 200922,06861.133.46$76,455
Jun 200924,08266.163.90$93,799
May 200924,55754.743.93$96,405
Apr 200926,91846.773.59$96,568
Mar 200926,73742.144.06$108,525
Feb 200925,16232.814.63$116,576
Jan 200928,38435.865.37$152,450
Dec 200829,92137.105.98$178,842
Nov 200832,63055.496.86$223,854
Oct 200835,47875.246.92$245,578
Sep 200838,015101.767.88$299,448
Aug 200839,179114.228.48$332,356
Jul 200843,647131.0811.39$497,114
Jun 200846,175131.3313.03$601,782
May 200855,992123.1711.57$648,068
Apr 200865,700110.3110.45$686,884
Mar 200877,118101.909.66$745,274

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                3,739 Mcf  × $  3.05 =    $11,388

────────────────────────────────────────────────────
Month total                                  $11,388

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/238493 is the state's own key, not one this site invented.