LONGHORN 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 240363District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Jan 2008 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
221
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
CondensateDisposition3 bbl$310
GasProduction1,290,045 Mcf$5,298,577
Total$5,298,887

Every month this lease reported (221)

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

221 months

May 202601,228106.413.05$3,740
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 202401484.451.66$23
Mar 2024068180.301.55$1,052
Feb 2024092476.091.78$1,648
Jan 202401,73473.023.30$5,718
Dec 202302,40671.262.61$6,281
Nov 202302,24277.892.81$6,295
Oct 202302,39585.443.09$7,394
Sep 202302,64389.042.74$7,229
Aug 202301,87680.522.67$5,014
Jul 202302,35474.852.64$6,219
Jun 202302,45468.962.26$5,542
May 202302,24970.622.23$5,009
Apr 202301,90978.122.24$4,272
Mar 202302,34272.852.39$5,605
Feb 202302,14175.112.47$5,279
Jan 202302,46676.533.39$8,354
Dec 202202,76276.415.73$15,824
Nov 202202,69485.005.65$15,211
Oct 202202,65287.185.86$15,551
Sep 202205084.888.16$408
Aug 202202,37094.529.13$21,631
Jul 202201,422101.587.54$10,725
Jun 202202,727115.097.98$21,754
May 202223,244109.378.43$27,576
Apr 202203,170104.226.84$21,675
Mar 202202,757108.885.08$13,996
Feb 202202,58991.054.86$12,580
Jan 202202,95781.844.54$13,418
Dec 202102,70971.323.90$10,563
Nov 202102,53777.435.24$13,286
Oct 202102,96779.795.71$16,953
Sep 202102,14069.865.35$11,451
Aug 202102,98866.024.22$12,611
Jul 202102,05470.783.98$8,179
Jun 202102,37069.493.38$8,012
May 202102,56963.483.02$7,752
Apr 202103,04060.362.76$8,386
Mar 202103,86461.302.72$10,498
Feb 202101,32557.805.55$7,351
Jan 202102,88050.412.81$8,094
Dec 202009244.642.68$246
Nov 2020012838.772.71$346
Oct 202003,09236.972.48$7,663
Sep 202003,53237.091.99$7,032
Aug 202003,70239.982.39$8,830
Jul 202003,64838.371.83$6,658
Jun 202003,93134.901.69$6,645
May 202004,13416.921.81$7,502
Apr 202004,03214.751.80$7,275
Mar 202003,96530.341.86$7,360
Feb 202003,96849.881.98$7,859
Jan 202004,57657.252.09$9,586
Dec 201903,95759.012.30$9,118
Nov 201903,95755.302.75$10,885
Oct 201904,34953.472.42$10,518
Sep 201904,12255.052.66$10,953
Aug 201904,64153.112.30$10,695
Jul 201904,74256.272.46$11,666
Jun 201904,70352.782.49$11,716
May 201905,21658.482.74$14,294
Apr 201905,10762.632.75$14,048
Mar 201905,69756.803.06$17,445
Feb 201904,52550.852.79$12,635
Jan 201905,36246.033.23$17,310
Dec 201805,11246.594.19$21,396
Nov 201805,30352.934.24$22,470
Oct 201805,50661.443.40$18,710
Sep 201805,21159.543.11$16,196
Aug 201804,63559.403.07$14,214
Jul 201803,72265.142.93$10,912
Jun 201805,12260.183.08$15,760
May 201803,12865.382.90$9,074
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201801561.782.77$41
Jan 20180062.874.01$0
Dec 201702457.272.92$70
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201702,03347.523.09$6,276
Aug 201704,63045.373.00$13,910
Jul 201705,52143.873.09$17,045
Jun 201705,21342.493.09$16,094
May 201705,58845.373.26$18,236
Apr 201705,67747.933.21$18,232
Mar 201705,70846.772.98$17,031
Feb 201704,86850.452.95$14,373
Jan 201705,36449.413.42$18,338
Dec 201605,29648.763.72$19,716
Nov 201602,59042.492.64$6,849
Oct 201602,10246.193.09$6,496
Sep 201603,87941.553.10$12,027
Aug 201604,59241.442.92$13,429
Jul 201604,31941.622.92$12,630
Jun 201604,27345.352.69$11,477
May 201603,41042.521.99$6,789
Apr 201603,34436.561.99$6,658
Mar 201604,21933.011.79$7,569
Feb 201603,96026.472.06$8,172
Jan 201604,21727.352.36$9,971
Dec 201505,09632.362.00$10,199
Nov 201505,02338.792.17$10,887
Oct 201504,40143.552.43$10,679
Sep 201505,16842.992.76$14,256
Aug 201506,28140.162.87$18,042
Jul 201506,41248.152.95$18,884
Jun 201506,47056.152.88$18,652
May 201506,13655.212.96$18,135
Apr 201506,64849.822.71$17,993
Mar 201507,28842.892.93$21,388
Feb 201507,07544.662.98$21,057
Jan 201504,97743.433.10$15,432
Dec 20140354.693.59$11
Nov 2014050070.464.25$2,126
Oct 2014093778.303.90$3,655
Sep 201402,86586.164.05$11,590
Aug 201406,26189.394.04$25,264
Jul 201405,51996.564.18$23,067
Jun 201404,04298.164.74$19,146
May 201402,15294.734.73$10,172
Apr 201402,93295.944.81$14,100
Mar 201405,35795.895.06$27,089
Feb 201405,01797.406.19$31,065
Jan 201406,35690.404.86$30,895
Dec 201306,87491.824.35$29,933
Nov 201307,01488.853.74$26,220
Oct 201306,25197.423.78$23,625
Sep 201306,158104.113.72$22,894
Aug 201306,735104.253.52$23,725
Jul 201307,163102.523.72$26,630
Jun 201307,19294.403.93$28,289
May 201307,59294.834.15$31,500
Apr 201304,25693.964.28$18,227
Mar 201307,54693.623.91$29,527
Feb 201307,13291.233.42$24,391
Jan 201318,40491.603.42$28,833
Dec 201209,28186.773.42$31,743
Nov 201208,80686.953.62$31,921
Oct 201208,91889.383.40$30,318
Sep 201207,78094.672.92$22,705
Aug 201208,17692.662.91$23,777
Jul 201209,50785.133.02$28,719
Jun 201209,76679.822.52$24,601
May 2012010,11391.612.49$25,164
Apr 201209,647101.652.00$19,263
Mar 201209,083105.052.22$20,183
Feb 2012010,074101.102.57$25,893
Jan 2012010,76798.092.73$29,438
Dec 2011010,47996.873.24$33,949
Nov 201109,40495.723.31$31,139
Oct 201105,00884.983.65$18,272
Sep 2011010,53983.623.99$42,006
Aug 201107,58683.404.15$31,477
Jul 201105,83494.144.52$26,354
Jun 201105,83992.904.64$27,092
May 201107,23798.134.40$31,878
Apr 201108,200105.964.33$35,533
Mar 201109,82496.364.06$39,859
Feb 201107,71885.644.18$32,261
Jan 201109,37486.504.59$43,015
Dec 201009,69685.734.35$42,156
Nov 201009,61780.843.80$36,500
Oct 2010010,57678.103.51$37,110
Sep 2010010,58272.633.98$42,111
Aug 2010011,50073.684.42$50,823
Jul 2010011,59172.554.74$54,901
Jun 2010013,68170.364.91$67,179
May 2010012,72471.124.24$53,889
Apr 2010014,43581.694.12$59,511
Mar 2010011,04378.394.39$48,464
Feb 201009,87073.585.44$53,716
Jan 2010012,08474.365.96$72,070
Dec 2009012,93871.445.48$70,949
Nov 2009013,24874.593.75$49,700
Oct 2009014,76072.544.11$60,667
Sep 2009014,70965.543.06$45,079
Aug 2009017,24367.423.22$55,497
Jul 2009018,61261.133.46$64,481
Jun 2009019,50466.163.90$75,968
May 2009022,51154.743.93$88,373
Apr 2009025,95446.773.59$93,110
Mar 2009027,75542.144.06$112,658
Feb 2009028,38332.814.63$131,498
Jan 2009034,72635.865.37$186,513
Dec 2008041,85637.105.98$250,179
Nov 2008051,27055.496.86$351,731
Oct 2008086,34575.246.92$597,678
Sep 200801,985101.767.88$15,636
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$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                1,228 Mcf  × $  3.05 =     $3,740

────────────────────────────────────────────────────
Month total                                   $3,740

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/240363 is the state's own key, not one this site invented.