NEAL

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 240316District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
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
GasProduction891,752 Mcf$4,848,425
Total$4,848,425

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202312485.443.09$383
Sep 202312089.042.74$328
Aug 202312480.522.67$331
Jul 202340174.852.64$1,059
Jun 202311068.962.26$248
May 202312470.622.23$276
Apr 202312078.122.24$269
Mar 202391872.852.39$2,197
Feb 202311275.112.47$276
Jan 202312476.533.39$420
Dec 202212476.415.73$710
Nov 202212085.005.65$678
Oct 202212487.185.86$727
Sep 202243884.888.16$3,576
Aug 20221,80594.529.13$16,475
Jul 20222,428101.587.54$18,312
Jun 2022219115.097.98$1,747
May 202216109.378.43$135
Apr 2022172104.226.84$1,176
Mar 2022146108.885.08$741
Feb 20221891.054.86$87
Jan 202281081.844.54$3,676
Dec 20211,25071.323.90$4,874
Nov 202185977.435.24$4,498
Oct 20211,14279.795.71$6,525
Sep 202175069.865.35$4,013
Aug 20212,23566.024.22$9,433
Jul 20211,68470.783.98$6,706
Jun 20211,41669.493.38$4,787
May 202190063.483.02$2,716
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 202124157.805.55$1,337
Jan 20211,74650.412.81$4,907
Dec 20203,77244.642.68$10,092
Nov 20204,05738.772.71$10,981
Oct 20204,63436.972.48$11,485
Sep 20204,72737.091.99$9,412
Aug 20204,92639.982.39$11,749
Jul 20204,88138.371.83$8,908
Jun 20204,48734.901.69$7,584
May 20204,75316.921.81$8,626
Apr 20204,35914.751.80$7,865
Mar 20204,19830.341.86$7,792
Feb 20204,64849.881.98$9,206
Jan 20205,39857.252.09$11,307
Dec 20195,39659.012.30$12,434
Nov 20195,11655.302.75$14,073
Oct 20196,39153.472.42$15,457
Sep 20196,26755.052.66$16,653
Aug 20196,95453.112.30$16,025
Jul 20197,32256.272.46$18,013
Jun 20197,33952.782.49$18,283
May 20197,63058.482.74$20,909
Apr 20198,03262.632.75$22,094
Mar 20198,77256.803.06$26,861
Feb 20198,76150.852.79$24,463
Jan 201910,00646.033.23$32,301
Dec 201893046.594.19$3,892
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017145.373.26$3
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 20151,35949.822.71$3,678
Mar 20157,59542.892.93$22,289
Feb 20154,98944.662.98$14,848
Jan 201510243.433.10$316
Dec 20145,42254.693.59$19,472
Nov 20148,82170.464.25$37,505
Oct 201411,03878.303.90$43,059
Sep 20143,29786.164.05$13,338
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 201189695.723.31$2,967
Oct 201125684.983.65$934
Sep 20112,52483.623.99$10,060
Aug 20115,58783.404.15$23,182
Jul 20116,22694.144.52$28,124
Jun 20116,79892.904.64$31,542
May 20113,98798.134.40$17,562
Apr 20115,072105.964.33$21,978
Mar 20115,70296.364.06$23,135
Feb 20115,51085.644.18$23,032
Jan 20116,53686.504.59$29,992
Dec 20104,58985.734.35$19,952
Nov 201031780.843.80$1,203
Oct 20104,21278.103.51$14,779
Sep 20107,63072.633.98$30,363
Aug 20108,91573.684.42$39,399
Jul 20106,73472.554.74$31,896
Jun 201011,45470.364.91$56,244
May 20108,99671.124.24$38,100
Apr 20105,01281.694.12$20,663
Mar 20101,41778.394.39$6,219
Feb 20102,76773.585.44$15,059
Jan 201015,73074.365.96$93,815
Dec 200912,00071.445.48$65,805
Nov 20096,26374.593.75$23,496
Oct 20093,76672.544.11$15,479
Sep 20096,12665.543.06$18,775
Aug 200914,85467.423.22$47,808
Jul 20097,23261.133.46$25,055
Jun 200925,78766.163.90$100,440
May 200927,72954.743.93$108,857
Apr 200922,12946.773.59$79,388
Mar 200920,75642.144.06$84,249
Feb 200930,58232.814.63$141,686
Jan 200938,83835.865.37$208,599
Dec 200836,84837.105.98$220,246
Nov 200847,13955.496.86$323,391
Oct 200855,48175.246.92$384,038
Sep 200867,328101.767.88$530,349
Aug 200888,940114.228.48$754,480
Jul 200845,787131.0811.39$521,488
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$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.

Oct 2023 — as filed, then multipliedworked
Gas                  124 Mcf  × $  3.09 =       $383

────────────────────────────────────────────────────
Month total                                     $383

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/240316 is the state's own key, not one this site invented.