COURTS FEDERAL

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 239856District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.4 M
Mar 2008 – May 2026
Value, last 12 filed months
$167 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
CondensateDisposition1,079 bbl$77,822
GasProduction2,039,217 Mcf$9,312,273
Total$9,390,095

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 202603,456106.413.05$10,526
Apr 202603,39298.932.87$9,734
Mar 202603,71989.753.15$11,713
Feb 202603,33763.503.75$12,515
Jan 202603,76959.138.00$30,144
Dec 202504,03756.664.41$17,817
Nov 202503,39858.593.93$13,342
Oct 202503,33959.383.30$11,035
Sep 2025453,46562.743.08$13,485
Aug 202503,77563.933.01$11,381
Jul 202503,97966.743.32$13,191
Jun 202503,91166.483.13$12,236
May 202504,08960.553.23$13,217
Apr 202504,10662.363.54$14,548
Mar 202504,40867.704.27$18,815
Feb 202503,99870.884.34$17,355
Jan 202504,47774.324.28$19,156
Dec 202404,40468.993.12$13,747
Nov 202404,19269.052.20$9,216
Oct 202404,55471.372.28$10,390
Sep 202404,16969.612.36$9,857
Aug 202403,86375.632.06$7,972
Jul 202404,27879.932.15$9,183
Jun 202404,01978.082.63$10,586
May 202404,12278.812.20$9,062
Apr 202404,33184.451.66$7,186
Mar 202404,32580.301.55$6,683
Feb 202404,16576.091.78$7,429
Jan 202404,70973.023.30$15,529
Dec 202304,82971.262.61$12,607
Nov 202304,72977.892.81$13,277
Oct 202304,71585.443.09$14,557
Sep 202304,49089.042.74$12,280
Aug 202304,84180.522.67$12,939
Jul 202304,83174.852.64$12,763
Jun 202304,67968.962.26$10,567
May 202304,81170.622.23$10,716
Apr 202304,58578.122.24$10,260
Mar 202304,70672.852.39$11,262
Feb 202304,37175.112.47$10,777
Jan 202304,77676.533.39$16,180
Dec 202204,79376.415.73$27,459
Nov 202204,47385.005.65$25,255
Oct 202204,99487.185.86$29,284
Sep 202204,80384.888.16$39,210
Aug 202204,99594.529.13$45,590
Jul 202204,916101.587.54$37,077
Jun 202204,775115.097.98$38,091
May 202204,964109.378.43$41,862
Apr 202204,742104.226.84$32,424
Mar 202204,918108.885.08$24,966
Feb 202204,49591.054.86$21,840
Jan 202204,81781.844.54$21,858
Dec 202105,15071.323.90$20,080
Nov 202105,05977.435.24$26,493
Oct 202105,24979.795.71$29,992
Sep 202104,74669.865.35$25,395
Aug 202105,25366.024.22$22,171
Jul 202105,18070.783.98$20,627
Jun 202105,25169.493.38$17,752
May 202105,29663.483.02$15,982
Apr 202105,06360.362.76$13,966
Mar 202105,52361.302.72$15,006
Feb 202104,80857.805.55$26,675
Jan 202104,88250.412.81$13,720
Dec 202005,32244.642.68$14,239
Nov 202005,35638.772.71$14,496
Oct 202005,64136.972.48$13,981
Sep 202005,50737.091.99$10,965
Aug 202005,75839.982.39$13,733
Jul 202005,81138.371.83$10,606
Jun 202005,64834.901.69$9,547
May 202006,02616.921.81$10,936
Apr 202005,87214.751.80$10,595
Mar 202006,10530.341.86$11,332
Feb 202005,74149.881.98$11,371
Jan 202006,07857.252.09$12,732
Dec 201906,16259.012.30$14,199
Nov 201906,06055.302.75$16,669
Oct 201905,84353.472.42$14,132
Sep 201905,32055.052.66$14,137
Aug 201905,90353.112.30$13,603
Jul 201906,37856.272.46$15,690
Jun 201916,26152.782.49$15,650
May 201904,43158.482.74$12,142
Apr 201916,14862.632.75$16,974
Mar 201906,31756.803.06$19,343
Feb 201905,76250.852.79$16,089
Jan 201906,66146.033.23$21,503
Dec 201806,59746.594.19$27,611
Nov 201805,50052.934.24$23,305
Oct 201806,47161.443.40$21,989
Sep 201806,27359.543.11$19,496
Aug 201806,58759.403.07$20,199
Jul 201806,81865.142.93$19,990
Jun 201806,25960.183.08$19,258
May 201806,42365.382.90$18,632
Apr 201806,40363.842.90$18,574
Mar 201806,98161.222.79$19,455
Feb 201806,03761.782.77$16,699
Jan 201806,73062.874.01$26,983
Dec 201706,79657.272.92$19,855
Nov 201706,61055.423.12$20,612
Oct 201707,02449.292.98$20,957
Sep 201707,07747.523.09$21,849
Aug 201707,47145.373.00$22,446
Jul 201707,38643.873.09$22,803
Jun 201707,16142.493.09$22,108
May 201707,81745.373.26$25,510
Apr 201707,86047.933.21$25,243
Mar 201707,45346.772.98$22,237
Feb 201706,58050.452.95$19,428
Jan 201707,33749.413.42$25,084
Dec 201607,55948.763.72$28,141
Nov 201607,37142.492.64$19,492
Oct 201607,64146.193.09$23,613
Sep 201607,49841.553.10$23,249
Aug 201607,83041.442.92$22,898
Jul 201607,73541.622.92$22,620
Jun 201607,52445.352.69$20,208
May 201607,39242.521.99$14,718
Apr 201607,37836.561.99$14,690
Mar 2016717,64233.011.79$16,054
Feb 201607,32926.472.06$15,124
Jan 201607,82727.352.36$18,506
Dec 201506,99732.362.00$14,004
Nov 201508,36138.792.17$18,121
Oct 201509,00143.552.43$21,842
Sep 201508,76842.992.76$24,186
Aug 2015010,57440.162.87$30,374
Jul 201502,77048.152.95$8,158
Jun 201502,17656.152.88$6,273
May 201518,14755.212.96$24,133
Apr 201507,65449.822.71$20,716
Mar 201507,52342.892.93$22,078
Feb 201507,41844.662.98$22,077
Jan 201508,57143.433.10$26,576
Dec 201408,86154.693.59$31,823
Nov 201408,57670.464.25$36,464
Oct 201408,64778.303.90$33,732
Sep 201408,38686.164.05$33,925
Aug 201408,74989.394.04$35,303
Jul 201408,36696.564.18$34,967
Jun 201408,51198.164.74$40,316
May 201408,29394.734.73$39,197
Apr 201407,73495.944.81$37,194
Mar 20141758,70195.895.06$60,780
Feb 201407,76197.406.19$48,056
Jan 201409,20090.404.86$44,719
Dec 201308,94691.824.35$38,955
Nov 201308,73288.853.74$32,643
Oct 201309,09497.423.78$34,370
Sep 201308,636104.113.72$32,106
Aug 201309,394104.253.52$33,091
Jul 201309,437102.523.72$35,084
Jun 201309,10694.403.93$35,818
May 201309,67994.834.15$40,159
Apr 201309,46193.964.28$40,518
Mar 201309,63793.623.91$37,708
Feb 201309,05391.233.42$30,960
Jan 2013010,10891.603.42$34,568
Dec 2012010,14686.773.42$34,701
Nov 2012010,06086.953.62$36,467
Oct 2012010,37689.383.40$35,275
Sep 2012010,10894.672.92$29,499
Aug 2012010,85292.662.91$31,559
Jul 2012010,78185.133.02$32,567
Jun 2012010,81579.822.52$27,243
May 2012011,77091.612.49$29,288
Apr 2012013,543101.652.00$27,043
Mar 2012012,533105.052.22$27,849
Feb 201205,853101.102.57$15,044
Jan 201208,03898.092.73$21,977
Dec 201103,39696.873.24$11,002
Nov 201106,69495.723.31$22,166
Oct 201118910,66184.983.65$54,958
Sep 2011012,14283.623.99$48,396
Aug 2011012,95483.404.15$53,750
Jul 2011012,91594.144.52$58,340
Jun 2011012,57292.904.64$58,333
May 2011013,16398.134.40$57,981
Apr 2011013,028105.964.33$56,454
Mar 2011013,66196.364.06$55,427
Feb 2011012,50085.644.18$52,250
Jan 2011015,55386.504.59$71,369
Dec 2010117,22485.734.35$74,971
Nov 2010016,94180.843.80$64,297
Oct 2010118,20778.103.51$63,964
Sep 2010017,62772.633.98$70,146
Aug 2010018,72073.684.42$82,730
Jul 2010018,75672.554.74$88,838
Jun 201019617,32070.364.91$98,839
May 2010118,41871.124.24$78,075
Apr 2010017,69581.694.12$72,951
Mar 2010018,68278.394.39$81,989
Feb 2010017,25573.585.44$93,908
Jan 201019818,53174.365.96$125,244
Dec 2009018,57371.445.48$101,850
Nov 2009021,88674.593.75$82,105
Oct 2009017,94872.544.11$73,771
Sep 2009019,75065.543.06$60,529
Aug 2009016,35467.423.22$52,635
Jul 2009016,45461.133.46$57,005
Jun 2009017,01666.163.90$66,277
May 200919921,82454.743.93$96,569
Apr 2009023,25746.773.59$83,434
Mar 2009025,61542.144.06$103,971
Feb 2009024,72132.814.63$114,532
Jan 2009029,11735.865.37$156,387
Dec 2008030,82437.105.98$184,239
Nov 2008032,40555.496.86$222,310
Oct 2008036,00975.246.92$249,254
Sep 2008039,118101.767.88$308,136
Aug 2008044,858114.228.48$380,531
Jul 2008049,649131.0811.39$565,474
Jun 2008061,504131.3313.03$801,559
May 2008026,035123.1711.57$301,337
Apr 200800110.3110.45$0
Mar 200800101.909.66$0

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                3,456 Mcf  × $  3.05 =    $10,526

────────────────────────────────────────────────────
Month total                                  $10,526

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/239856 is the state's own key, not one this site invented.