HADLEY 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 238855District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Feb 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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
CondensateDisposition59 bbl$3,787
GasProduction588,915 Mcf$2,897,786
Total$2,901,573

Every month this lease reported (220)

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

220 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
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 202001,28939.982.39$3,074
Jul 202002,64038.371.83$4,818
Jun 202002,59634.901.69$4,388
May 202012,69916.921.81$4,915
Apr 202032,57214.751.80$4,685
Mar 202002,31330.341.86$4,293
Feb 202002,53849.881.98$5,027
Jan 202002,47757.252.09$5,189
Dec 201901,46659.012.30$3,378
Nov 201901,24955.302.75$3,436
Oct 2019062553.472.42$1,512
Sep 201911,73355.052.66$4,660
Aug 201902,57153.112.30$5,925
Jul 201902,73356.272.46$6,723
Jun 201901,96652.782.49$4,898
May 201901,94858.482.74$5,338
Apr 201912,41162.632.75$6,695
Mar 201902,76756.803.06$8,473
Feb 201901,28850.852.79$3,596
Jan 201902,67146.033.23$8,622
Dec 201803,10546.594.19$12,996
Nov 201803,08852.934.24$13,085
Oct 201808,04761.443.40$27,344
Sep 201801,34959.543.11$4,193
Aug 201802,46159.403.07$7,547
Jul 201803,09065.142.93$9,060
Jun 201802,81860.183.08$8,671
May 201802,84365.382.90$8,247
Apr 201802,97163.842.90$8,618
Mar 201803,38361.222.79$9,428
Feb 201801,14061.782.77$3,153
Jan 201801,94262.874.01$7,786
Dec 201702,20257.272.92$6,433
Nov 201702,14555.423.12$6,689
Oct 201701,84949.292.98$5,517
Sep 201701,95447.523.09$6,033
Aug 201702,23545.373.00$6,715
Jul 201702,13343.873.09$6,585
Jun 201702,13542.493.09$6,591
May 201702,10245.373.26$6,860
Apr 201701,90147.933.21$6,105
Mar 201712,21346.772.98$6,650
Feb 201702,17050.452.95$6,407
Jan 201722,54449.413.42$8,796
Dec 201612,48748.763.72$9,307
Nov 201622,32042.492.64$6,220
Oct 201602,44646.193.09$7,559
Sep 201602,52741.553.10$7,835
Aug 201602,56641.442.92$7,504
Jul 201602,27241.622.92$6,644
Jun 201602,36545.352.69$6,352
May 201602,76242.521.99$5,499
Apr 201602,82836.561.99$5,631
Mar 201602,57133.011.79$4,612
Feb 201602,37526.472.06$4,901
Jan 201612,54727.352.36$6,049
Dec 201512,49032.362.00$5,016
Nov 201512,47338.792.17$5,399
Oct 201502,74243.552.43$6,654
Sep 201512,07742.992.76$5,772
Aug 201502,46340.162.87$7,075
Jul 201502,45348.152.95$7,224
Jun 201502,81556.152.88$8,115
May 201513,48055.212.96$10,340
Apr 201523,75449.822.71$10,260
Mar 201513,12042.892.93$9,199
Feb 201512,81144.662.98$8,411
Jan 201502,67243.433.10$8,285
Dec 201403,40054.693.59$12,211
Nov 201403,04870.464.25$12,960
Oct 201403,24078.303.90$12,639
Sep 201403,19286.164.05$12,913
Aug 201403,62289.394.04$14,615
Jul 201403,49096.564.18$14,587
Jun 201403,25098.164.74$15,395
May 201403,27394.734.73$15,470
Apr 201403,11095.944.81$14,956
Mar 201403,17695.895.06$16,060
Feb 201402,93697.406.19$18,180
Jan 201403,24590.404.86$15,773
Dec 201303,09591.824.35$13,477
Nov 201303,48688.853.74$13,032
Oct 201303,59597.423.78$13,587
Sep 201303,536104.113.72$13,146
Aug 201303,309104.253.52$11,656
Jul 201303,226102.523.72$11,993
Jun 201302,98194.403.93$11,726
May 201303,29094.834.15$13,650
Apr 201303,58493.964.28$15,349
Mar 201303,68493.623.91$14,415
Feb 201303,23791.233.42$11,070
Jan 201303,30691.603.42$11,306
Dec 201203,42986.773.42$11,728
Nov 201202,66186.953.62$9,646
Oct 201202,58889.383.40$8,798
Sep 201202,85094.672.92$8,317
Aug 201202,95592.662.91$8,594
Jul 201202,83085.133.02$8,549
Jun 201202,96279.822.52$7,461
May 201203,29791.612.49$8,204
Apr 201203,334101.652.00$6,657
Mar 201203,454105.052.22$7,675
Feb 201203,651101.102.57$9,384
Jan 201203,98598.092.73$10,895
Dec 201103,73896.873.24$12,110
Nov 201103,64395.723.31$12,063
Oct 201103,64384.983.65$13,292
Sep 201105,02983.623.99$20,045
Aug 201105,14983.404.15$21,365
Jul 201105,41294.144.52$24,447
Jun 201105,17192.904.64$23,993
May 201105,74698.134.40$25,310
Apr 201105,608105.964.33$24,301
Mar 201106,49796.364.06$26,361
Feb 201163,84885.644.18$16,598
Jan 201114,98686.504.59$22,966
Dec 201074,55785.734.35$20,413
Nov 201043,53980.843.80$13,755
Oct 201002,64078.103.51$9,263
Sep 201001,75072.633.98$6,964
Aug 201057,43473.684.42$33,222
Jul 201036,76672.554.74$32,265
Jun 201056,74170.364.91$33,453
May 201019,07971.124.24$38,523
Apr 201005,69281.694.12$23,466
Mar 201004,00178.394.39$17,559
Feb 201023,49673.585.44$19,174
Jan 201033,73474.365.96$22,493
Dec 200904,40171.445.48$24,134
Nov 200904,46974.593.75$16,765
Oct 200904,59072.544.11$18,866
Sep 200904,86065.543.06$14,895
Aug 200906,27567.423.22$20,196
Jul 200906,51061.133.46$22,554
Jun 200907,24666.163.90$28,223
May 200906,53354.743.93$25,647
Apr 200908,10946.773.59$29,091
Mar 200917,20142.144.06$29,271
Feb 2009088532.814.63$4,100
Jan 20090035.865.37$0
Dec 2008031037.105.98$1,853
Nov 200801,64955.496.86$11,313
Oct 200802,54875.246.92$17,637
Sep 2008012,805101.767.88$100,866
Aug 2008012,276114.228.48$104,138
Jul 2008012,423131.0811.39$141,491
Jun 2008011,827131.3313.03$154,137
May 2008013,521123.1711.57$156,496
Apr 2008020,424110.3110.45$213,530
Mar 2008025,572101.909.66$247,130
Feb 2008011,48792.538.77$100,748

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.

Aug 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 39.98 =         $0
Gas                1,289 Mcf  × $  2.39 =     $3,074

────────────────────────────────────────────────────
Month total                                   $3,074

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/238855 is the state's own key, not one this site invented.