PONDEROSA

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 240023District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
226
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
CondensateDisposition17 bbl$1,293
GasProduction1,334,549 Mcf$6,241,455
Total$6,242,748

Every month this lease reported (226)

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

226 months

May 202603,007106.413.05$9,159
Apr 202602,85398.932.87$8,187
Mar 202603,51289.753.15$11,061
Feb 202603,20363.503.75$12,012
Jan 202603,10859.138.00$24,858
Dec 202502,74356.664.41$12,106
Nov 202503,28758.593.93$12,906
Oct 202503,28759.383.30$10,863
Sep 202503,45862.743.08$10,640
Aug 202503,60963.933.01$10,880
Jul 202503,69966.743.32$12,263
Jun 202503,59166.483.13$11,235
May 202503,70360.553.23$11,969
Apr 202503,53962.363.54$12,539
Mar 202503,65467.704.27$15,596
Feb 202503,22370.884.34$13,991
Jan 202503,80074.324.28$16,259
Dec 202423,79268.993.12$11,974
Nov 202403,70269.052.20$8,139
Oct 202403,84671.372.28$8,774
Sep 202403,63169.612.36$8,585
Aug 202413,73175.632.06$7,775
Jul 202403,76079.932.15$8,071
Jun 202403,69578.082.63$9,733
May 202413,85778.812.20$8,558
Apr 202403,79584.451.66$6,297
Mar 202403,54880.301.55$5,482
Feb 202403,16576.091.78$5,645
Jan 202403,74373.023.30$12,343
Dec 202303,66171.262.61$9,558
Nov 202303,74077.892.81$10,500
Oct 202303,89385.443.09$12,019
Sep 202303,80689.042.74$10,410
Aug 202303,82380.522.67$10,218
Jul 202303,80674.852.64$10,055
Jun 202303,57268.962.26$8,067
May 202304,03170.622.23$8,979
Apr 202303,21778.122.24$7,199
Mar 202303,17272.852.39$7,591
Feb 202303,66475.112.47$9,034
Jan 202303,40676.533.39$11,539
Dec 202203,58976.415.73$20,562
Nov 202203,86785.005.65$21,834
Oct 202203,57287.185.86$20,945
Sep 202203,83284.888.16$31,283
Aug 202214,17494.529.13$38,191
Jul 202204,278101.587.54$32,265
Jun 202204,105115.097.98$32,746
May 202214,440109.378.43$37,552
Apr 202204,445104.226.84$30,393
Mar 202203,689108.885.08$18,727
Feb 202203,93491.054.86$19,115
Jan 202204,41681.844.54$20,038
Dec 202104,48171.323.90$17,472
Nov 202104,20977.435.24$22,042
Oct 202104,27479.795.71$24,421
Sep 202104,17269.865.35$22,324
Aug 202104,62366.024.22$19,512
Jul 202103,84470.783.98$15,307
Jun 202103,55569.493.38$12,018
May 202104,71163.483.02$14,216
Apr 202104,58060.362.76$12,634
Mar 202104,78461.302.72$12,998
Feb 202114,25457.805.55$23,659
Jan 202104,99550.412.81$14,037
Dec 202005,09344.642.68$13,626
Nov 202005,01038.772.71$13,560
Oct 202004,90636.972.48$12,159
Sep 202004,87837.091.99$9,712
Aug 202005,12239.982.39$12,216
Jul 2020017738.371.83$323
Jun 202004,94534.901.69$8,359
May 202005,20216.921.81$9,440
Apr 202004,86014.751.80$8,769
Mar 202005,21430.341.86$9,678
Feb 202005,01449.881.98$9,931
Jan 202004,75857.252.09$9,967
Dec 201905,61559.012.30$12,939
Nov 201905,36755.302.75$14,763
Oct 201905,34253.472.42$12,920
Sep 201915,35055.052.66$14,272
Aug 201905,50353.112.30$12,681
Jul 201905,69856.272.46$14,017
Jun 201905,60952.782.49$13,973
May 201905,66658.482.74$15,527
Apr 201916,03262.632.75$16,655
Mar 201906,25756.803.06$19,160
Feb 201906,26750.852.79$17,499
Jan 201907,69246.033.23$24,831
Dec 2018081646.594.19$3,415
Nov 201801,33452.934.24$5,652
Oct 201805,79761.443.40$19,699
Sep 201801,63459.543.11$5,078
Aug 2018215959.403.07$606
Jul 2018021765.142.93$636
Jun 2018014060.183.08$431
May 2018026865.382.90$777
Apr 2018030163.842.90$873
Mar 2018036661.222.79$1,020
Feb 2018037561.782.77$1,037
Jan 2018045962.874.01$1,840
Dec 2017058157.272.92$1,697
Nov 2017064755.423.12$2,018
Oct 2017066349.292.98$1,978
Sep 2017048947.523.09$1,510
Aug 2017078845.373.00$2,367
Jul 2017099243.873.09$3,063
Jun 201701,11342.493.09$3,436
May 201701,50345.373.26$4,905
Apr 201701,70447.933.21$5,473
Mar 201701,54246.772.98$4,601
Feb 201703,58750.452.95$10,591
Jan 201714,45649.413.42$15,284
Dec 201604,03448.763.72$15,018
Nov 201604,30442.492.64$11,381
Oct 201604,37946.193.09$13,532
Sep 201604,43141.553.10$13,739
Aug 201604,53041.442.92$13,247
Jul 201604,35741.622.92$12,741
Jun 201604,33945.352.69$11,654
May 201605,55742.521.99$11,064
Apr 201604,65536.561.99$9,268
Mar 201605,22733.011.79$9,377
Feb 201605,28726.472.06$10,910
Jan 201615,73927.352.36$13,596
Dec 201505,66032.362.00$11,328
Nov 201505,34738.792.17$11,589
Oct 201505,52143.552.43$13,397
Sep 201505,74242.992.76$15,839
Aug 201505,60840.162.87$16,109
Jul 201505,52648.152.95$16,275
Jun 201505,32456.152.88$15,348
May 201505,86255.212.96$17,325
Apr 201505,47749.822.71$14,824
Mar 201505,73642.892.93$16,834
Feb 201505,24644.662.98$15,613
Jan 201506,20643.433.10$19,243
Dec 201405,31254.693.59$19,077
Nov 201405,66570.464.25$24,087
Oct 201405,54778.303.90$21,639
Sep 201404,68786.164.05$18,961
Aug 201406,43689.394.04$25,970
Jul 201406,89796.564.18$28,827
Jun 201406,92098.164.74$32,779
May 201406,98494.734.73$33,010
Apr 201406,48295.944.81$31,173
Mar 201407,10695.895.06$35,934
Feb 201405,98497.406.19$37,053
Jan 201406,39090.404.86$31,060
Dec 201305,88991.824.35$25,644
Nov 201305,26788.853.74$19,690
Oct 201305,52097.423.78$20,862
Sep 201304,867104.113.72$18,094
Aug 201305,635104.253.52$19,850
Jul 201305,459102.523.72$20,295
Jun 201305,54394.403.93$21,803
May 201305,82094.834.15$24,148
Apr 201304,93993.964.28$21,152
Mar 201307,09293.623.91$27,750
Feb 201306,53891.233.42$22,359
Jan 201307,68291.603.42$26,272
Dec 201206,63986.773.42$22,706
Nov 201204,61986.953.62$16,744
Oct 20120089.383.40$0
Sep 201205,82194.672.92$16,988
Aug 201206,83892.662.91$19,886
Jul 201206,71085.133.02$20,270
Jun 201206,17479.822.52$15,553
May 201206,88291.612.49$17,125
Apr 201206,227101.652.00$12,434
Mar 201207,826105.052.22$17,390
Feb 201208,298101.102.57$21,328
Jan 201206,77198.092.73$18,512
Dec 201108,01696.873.24$25,970
Nov 201107,29395.723.31$24,149
Oct 201107,04584.983.65$25,704
Sep 201109,83583.623.99$39,200
Aug 201108,74383.404.15$36,278
Jul 201109,37094.144.52$42,327
Jun 201109,27092.904.64$43,012
May 201109,81398.134.40$43,225
Apr 201106,950105.964.33$30,116
Mar 201107,35296.364.06$29,830
Feb 201108,04685.644.18$33,632
Jan 201109,50986.504.59$43,635
Dec 201008,72785.734.35$37,943
Nov 201008,61380.843.80$32,689
Oct 201009,19278.103.51$32,254
Sep 201008,94472.633.98$35,592
Aug 201009,65373.684.42$42,660
Jul 2010011,07872.554.74$52,471
Jun 201008,74970.364.91$42,961
May 2010010,82471.124.24$45,842
Apr 2010011,45681.694.12$47,230
Mar 2010012,72178.394.39$55,828
Feb 201009,10273.585.44$49,536
Jan 201006,91374.365.96$41,230
Dec 200909,41671.445.48$51,635
Nov 2009012,36374.593.75$46,380
Oct 2009013,91572.544.11$57,194
Sep 2009015,57265.543.06$47,724
Aug 2009018,52667.423.22$59,626
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200902,14746.773.59$7,702
Mar 2009073342.144.06$2,975
Feb 200908,81932.814.63$40,858
Jan 2009010,89735.865.37$58,528
Dec 2008012,87237.105.98$76,938
Nov 2008012,00455.496.86$82,352
Oct 2008011,78675.246.92$81,582
Sep 2008014,613101.767.88$115,108
Aug 2008012,837114.228.48$108,897
Jul 2008014,854131.0811.39$169,179
Jun 2008014,953131.3313.03$194,877
May 2008116,917123.1711.57$195,925
Apr 2008118,846110.3110.45$197,143
Mar 2008122,265101.909.66$215,272
Feb 2008023,66892.538.77$207,582
Jan 2008130,53590.388.21$250,652
Dec 2007017,71988.337.30$129,384
Nov 2007016,17891.677.29$117,965
Oct 2007037,94482.856.92$262,648
Sep 200703,73375.846.24$23,309
Aug 20070069.066.39$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                3,007 Mcf  × $  3.05 =     $9,159

────────────────────────────────────────────────────
Month total                                   $9,159

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/240023 is the state's own key, not one this site invented.