SHADED LANE 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 238886District 09Field 65280200CondensateGasSaveExport
Value, all time
$15.3 M
Mar 2008 – May 2026
Value, last 12 filed months
$149 k
at the published price for each month
Months reported
219
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
CondensateDisposition1 bbl$53
GasProduction2,890,933 Mcf$15,323,359
Total$15,323,412

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 202603,181106.413.05$9,689
Apr 202603,09198.932.87$8,870
Mar 202603,19589.753.15$10,062
Feb 202603,01363.503.75$11,300
Jan 202603,45859.138.00$27,657
Dec 202503,33256.664.41$14,705
Nov 202503,35058.593.93$13,154
Oct 202503,10359.383.30$10,255
Sep 202503,35762.743.08$10,329
Aug 202503,82563.933.01$11,531
Jul 202503,12266.743.32$10,350
Jun 202503,61966.483.13$11,323
May 202503,57660.553.23$11,559
Apr 202503,59862.363.54$12,748
Mar 202503,47067.704.27$14,811
Feb 202503,44270.884.34$14,941
Jan 202503,85174.324.28$16,477
Dec 202404,17968.993.12$13,044
Nov 202403,70969.052.20$8,154
Oct 202403,62471.372.28$8,268
Sep 202404,06869.612.36$9,618
Aug 202403,71075.632.06$7,656
Jul 202403,91379.932.15$8,400
Jun 202403,72278.082.63$9,804
May 202403,33978.812.20$7,341
Apr 202403,37084.451.66$5,592
Mar 202403,24980.301.55$5,020
Feb 202402,57876.091.78$4,598
Jan 202403,44773.023.30$11,367
Dec 202303,82071.262.61$9,973
Nov 202303,86077.892.81$10,837
Oct 202304,61385.443.09$14,242
Sep 202302,20989.042.74$6,042
Aug 202302,62980.522.67$7,027
Jul 202304,25674.852.64$11,244
Jun 202304,89168.962.26$11,046
May 2023057970.622.23$1,290
Apr 202302,64578.122.24$5,919
Mar 202303,68572.852.39$8,819
Feb 202304,68375.112.47$11,547
Jan 2023098276.533.39$3,327
Dec 2022075476.415.73$4,320
Nov 202202,52585.005.65$14,257
Oct 202203,38887.185.86$19,866
Sep 202202,46984.888.16$20,156
Aug 202204,06094.529.13$37,056
Jul 202203,404101.587.54$25,673
Jun 202203,904115.097.98$31,143
May 202204,413109.378.43$37,215
Apr 202204,218104.226.84$28,841
Mar 202204,037108.885.08$20,493
Feb 202204,05491.054.86$19,698
Jan 202203,91981.844.54$17,783
Dec 202104,33871.323.90$16,914
Nov 202104,17777.435.24$21,874
Oct 202104,40879.795.71$25,187
Sep 202104,08369.865.35$21,848
Aug 202104,52266.024.22$19,086
Jul 202105,10270.783.98$20,317
Jun 202104,87669.493.38$16,484
May 202105,19463.483.02$15,674
Apr 202104,93860.362.76$13,621
Mar 202104,98861.302.72$13,552
Feb 202104,92757.805.55$27,335
Jan 202105,48950.412.81$15,426
Dec 202005,67344.642.68$15,178
Nov 202005,13938.772.71$13,909
Oct 202005,51436.972.48$13,666
Sep 202004,45837.091.99$8,876
Aug 202005,70839.982.39$13,614
Jul 202005,27438.371.83$9,626
Jun 202005,11134.901.69$8,639
May 202005,38916.921.81$9,780
Apr 202005,21214.751.80$9,404
Mar 202005,64230.341.86$10,473
Feb 202005,18249.881.98$10,264
Jan 202005,45557.252.09$11,427
Dec 201905,31859.012.30$12,255
Nov 201905,83855.302.75$16,059
Oct 201906,04653.472.42$14,622
Sep 201905,71455.052.66$15,184
Aug 201916,32753.112.30$14,633
Jul 201905,86556.272.46$14,428
Jun 201905,51952.782.49$13,749
May 201906,64558.482.74$18,209
Apr 201906,29662.632.75$17,318
Mar 201905,60956.803.06$17,175
Feb 201904,87850.852.79$13,620
Jan 201906,27646.033.23$20,260
Dec 201807,13346.594.19$29,855
Nov 201806,59352.934.24$27,936
Oct 201807,29761.443.40$24,796
Sep 201807,45459.543.11$23,167
Aug 201804,89159.403.07$14,999
Jul 201804,63765.142.93$13,595
Jun 201805,31060.183.08$16,338
May 201805,34765.382.90$15,511
Apr 201807,68163.842.90$22,281
Mar 201804,66261.222.79$12,992
Feb 201806,92661.782.77$19,158
Jan 201807,75662.874.01$31,096
Dec 201708,27057.272.92$24,161
Nov 201705,05555.423.12$15,763
Oct 201706,95349.292.98$20,746
Sep 201705,99647.523.09$18,511
Aug 201706,21445.373.00$18,669
Jul 201707,00943.873.09$21,639
Jun 201706,60042.493.09$20,376
May 201706,72245.373.26$21,937
Apr 201705,30747.933.21$17,044
Mar 201707,94046.772.98$23,690
Feb 201707,51350.452.95$22,183
Jan 201708,39949.413.42$28,715
Dec 201608,67748.763.72$32,303
Nov 201606,48642.492.64$17,151
Oct 201609,10846.193.09$28,146
Sep 201609,15341.553.10$28,380
Aug 201608,63541.442.92$25,252
Jul 201606,16841.622.92$18,037
Jun 201606,61445.352.69$17,764
May 201606,75342.521.99$13,445
Apr 201606,89536.561.99$13,728
Mar 201607,64933.011.79$13,722
Feb 201606,77626.472.06$13,983
Jan 201607,91927.352.36$18,723
Dec 201508,21832.362.00$16,448
Nov 201508,17638.792.17$17,720
Oct 201508,62443.552.43$20,927
Sep 201508,52742.992.76$23,521
Aug 201508,76940.162.87$25,189
Jul 201508,36848.152.95$24,644
Jun 201508,48156.152.88$24,450
May 201508,32755.212.96$24,610
Apr 201509,56949.822.71$25,899
Mar 201508,65542.892.93$25,400
Feb 201508,76544.662.98$26,086
Jan 2015010,06743.433.10$31,214
Dec 2014011,90054.693.59$42,737
Nov 2014010,14070.464.25$43,114
Oct 201405,80778.303.90$22,653
Sep 201402,32286.164.05$9,394
Aug 2014010,30389.394.04$41,574
Jul 201406,11696.564.18$25,562
Jun 201404,57898.164.74$21,685
May 201408,10094.734.73$38,285
Apr 2014011,13795.944.81$53,559
Mar 2014011,53195.895.06$58,310
Feb 201409,95897.406.19$61,660
Jan 2014010,38490.404.86$50,474
Dec 2013010,28891.824.35$44,799
Nov 2013010,94188.853.74$40,901
Oct 2013010,55997.423.78$39,906
Sep 2013010,243104.113.72$38,081
Aug 2013010,023104.253.52$35,307
Jul 201309,632102.523.72$35,809
Jun 2013010,24294.403.93$40,286
May 2013010,14094.834.15$42,072
Apr 2013012,44593.964.28$53,297
Mar 2013013,41993.623.91$52,507
Feb 2013012,21391.233.42$41,767
Jan 2013014,19591.603.42$48,546
Dec 2012014,68286.773.42$50,215
Nov 2012014,26286.953.62$51,699
Oct 2012015,28989.383.40$51,978
Sep 2012015,29094.672.92$44,622
Aug 2012015,78292.662.91$45,897
Jul 2012016,35785.133.02$49,411
Jun 2012016,27879.822.52$41,005
May 2012016,29491.612.49$40,545
Apr 2012014,381101.652.00$28,716
Mar 2012012,461105.052.22$27,689
Feb 201209,663101.102.57$24,836
Jan 2012013,24098.092.73$36,199
Dec 2011012,85896.873.24$41,657
Nov 2011012,95995.723.31$42,911
Oct 2011014,83984.983.65$54,141
Sep 2011017,20083.623.99$68,556
Aug 2011018,33083.404.15$76,057
Jul 2011019,77794.144.52$89,337
Jun 2011020,47192.904.64$94,983
May 2011022,22798.134.40$97,906
Apr 2011021,563105.964.33$93,439
Mar 2011019,26696.364.06$78,169
Feb 2011019,18185.644.18$80,176
Jan 2011024,55086.504.59$112,655
Dec 2010027,59785.734.35$119,985
Nov 2010026,40180.843.80$100,201
Oct 2010032,34078.103.51$113,478
Sep 2010040,60772.633.98$161,594
Aug 2010030,52773.684.42$134,910
Jul 2010022,49972.554.74$106,566
Jun 2010017,14070.364.91$84,164
May 2010022,39171.124.24$94,831
Apr 2010028,17381.694.12$116,149
Mar 2010030,82478.394.39$135,276
Feb 2010029,46873.585.44$160,375
Jan 2010018,16074.365.96$108,308
Dec 2009027,89771.445.48$152,980
Nov 2009030,43474.593.75$114,173
Oct 2009034,01372.544.11$139,802
Sep 2009033,69665.543.06$103,270
Aug 2009033,72867.423.22$108,554
Jul 2009036,57061.133.46$126,697
Jun 2009038,11266.163.90$148,446
May 2009041,47954.743.93$162,836
Apr 2009043,40746.773.59$155,723
Mar 2009048,43142.144.06$196,581
Feb 2009047,49432.814.63$220,040
Jan 2009054,77135.865.37$294,175
Dec 2008061,30737.105.98$366,441
Nov 2008058,85755.496.86$403,780
Oct 2008069,25475.246.92$479,375
Sep 2008017,466101.767.88$137,581
Aug 2008043,271114.228.48$367,069
Jul 2008086,045131.0811.39$980,004
Jun 2008099,403131.3313.03$1,295,483
May 20080131,274123.1711.57$1,519,403
Apr 20080119,858110.3110.45$1,253,099
Mar 2008049,561101.909.66$478,961

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                3,181 Mcf  × $  3.05 =     $9,689

────────────────────────────────────────────────────
Month total                                   $9,689

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/238886 is the state's own key, not one this site invented.