BURSEY

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 240614District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.7 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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
CondensateDisposition67 bbl$3,863
GasProduction716,877 Mcf$3,681,457
Total$3,685,321

Every month this lease reported (233)

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

233 months

May 202600106.413.05$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023087168.962.26$1,967
May 202301,43370.622.23$3,192
Apr 202301,56778.122.24$3,507
Mar 2023044972.852.39$1,075
Feb 202301,47775.112.47$3,642
Jan 202301,46076.533.39$4,946
Dec 202201,60476.415.73$9,189
Nov 202201,32185.005.65$7,459
Oct 202208,91187.185.86$52,252
Sep 202205,81984.888.16$47,504
Aug 2022268994.529.13$6,478
Jul 202221,607101.587.54$12,323
Jun 202201,150115.097.98$9,174
May 202211,226109.378.43$10,448
Apr 202201,267104.226.84$8,663
Mar 202201,456108.885.08$7,391
Feb 202201,43191.054.86$6,953
Jan 2022018881.844.54$853
Dec 2021017871.323.90$694
Nov 2021088677.435.24$4,640
Oct 202101,29979.795.71$7,422
Sep 202101,69369.865.35$9,059
Aug 202101,86266.024.22$7,859
Jul 202111,38370.783.98$5,578
Jun 2021082969.493.38$2,803
May 202102,03363.483.02$6,135
Apr 202101,30960.362.76$3,611
Mar 202101,12961.302.72$3,067
Feb 2021195457.805.55$5,351
Jan 202111,58550.412.81$4,505
Dec 202001,86144.642.68$4,979
Nov 202001,65238.772.71$4,471
Oct 202001,82936.972.48$4,533
Sep 202001,63937.091.99$3,263
Aug 202001,67539.982.39$3,995
Jul 202001,92338.371.83$3,510
Jun 202001,87934.901.69$3,176
May 202002,16016.921.81$3,920
Apr 202002,40414.751.80$4,338
Mar 202001,87030.341.86$3,471
Feb 202001,73249.881.98$3,431
Jan 202001,94157.252.09$4,066
Dec 201902,25859.012.30$5,203
Nov 201901,97555.302.75$5,433
Oct 201901,14453.472.42$2,767
Sep 201901,13355.052.66$3,011
Aug 201902,11253.112.30$4,867
Jul 201902,01556.272.46$4,957
Jun 201902,13552.782.49$5,319
May 201901,32458.482.74$3,628
Apr 201902,10462.632.75$5,787
Mar 201902,59556.803.06$7,946
Feb 201901,53250.852.79$4,278
Jan 201902,54746.033.23$8,222
Dec 201802,97146.594.19$12,435
Nov 201802,85052.934.24$12,076
Oct 201803,00661.443.40$10,215
Sep 201802,97659.543.11$9,249
Aug 201833,35559.403.07$10,467
Jul 201803,23365.142.93$9,479
Jun 201812,58160.183.08$8,002
May 201803,14465.382.90$9,120
Apr 201802,91163.842.90$8,444
Mar 201811,65661.222.79$4,676
Feb 201801,29561.782.77$3,582
Jan 20180062.874.01$0
Dec 201701,10357.272.92$3,222
Nov 20170055.423.12$0
Oct 2017051249.292.98$1,528
Sep 2017027247.523.09$840
Aug 201701,00645.373.00$3,022
Jul 201701,81743.873.09$5,610
Jun 201701,57142.493.09$4,850
May 201701,82745.373.26$5,962
Apr 201701,58247.933.21$5,081
Mar 201711,49546.772.98$4,507
Feb 201711,53950.452.95$4,595
Jan 201732,06449.413.42$7,205
Dec 201611,65348.763.72$6,203
Nov 201612,14942.492.64$5,725
Oct 201601,96746.193.09$6,079
Sep 201612,05441.553.10$6,410
Aug 201602,15441.442.92$6,299
Jul 201601,87841.622.92$5,492
Jun 201601,98445.352.69$5,329
May 201602,15342.521.99$4,287
Apr 201612,09436.561.99$4,206
Mar 201642,13633.011.79$3,964
Feb 201602,17126.472.06$4,480
Jan 201642,40627.352.36$5,798
Dec 201532,42232.362.00$4,945
Nov 201512,52738.792.17$5,516
Oct 201502,88543.552.43$7,001
Sep 201502,66442.992.76$7,348
Aug 201512,59940.162.87$7,506
Jul 201502,72848.152.95$8,034
Jun 201502,66156.152.88$7,671
May 201502,60155.212.96$7,687
Apr 201502,11549.822.71$5,724
Mar 201512,73142.892.93$8,058
Feb 201512,34444.662.98$7,021
Jan 201502,89843.433.10$8,986
Dec 201422,97054.693.59$10,776
Nov 201402,90270.464.25$12,339
Oct 201403,10678.303.90$12,116
Sep 201402,88686.164.05$11,675
Aug 201403,40089.394.04$13,719
Jul 201403,12896.564.18$13,074
Jun 201402,26998.164.74$10,748
May 201402,95094.734.73$13,943
Apr 201403,08595.944.81$14,836
Mar 201413,09095.895.06$15,721
Feb 201402,30197.406.19$14,248
Jan 201402,95890.404.86$14,378
Dec 201303,05791.824.35$13,312
Nov 201303,07688.853.74$11,499
Oct 201304,19597.423.78$15,854
Sep 201303,293104.113.72$12,243
Aug 201303,337104.253.52$11,755
Jul 201303,451102.523.72$12,830
Jun 201303,39894.403.93$13,366
May 201303,56894.834.15$14,804
Apr 201303,58093.964.28$15,332
Mar 201303,74493.623.91$14,650
Feb 201303,30291.233.42$11,293
Jan 201303,32291.603.42$11,361
Dec 201203,77386.773.42$12,904
Nov 201203,65786.953.62$13,256
Oct 201206,14289.383.40$20,881
Sep 201203,81994.672.92$11,145
Aug 201204,13692.662.91$12,028
Jul 201203,70085.133.02$11,177
Jun 201203,70279.822.52$9,325
May 201203,78291.612.49$9,411
Apr 201203,763101.652.00$7,514
Mar 201204,157105.052.22$9,237
Feb 201203,469101.102.57$8,916
Jan 201203,93698.092.73$10,761
Dec 201104,21696.873.24$13,659
Nov 201103,91995.723.31$12,977
Oct 201104,31684.983.65$15,747
Sep 201103,73583.623.99$14,887
Aug 201104,02783.404.15$16,709
Jul 201103,98694.144.52$18,006
Jun 201104,10392.904.64$19,037
May 201104,34798.134.40$19,148
Apr 201104,740105.964.33$20,540
Mar 201105,65596.364.06$22,944
Feb 201111,23085.644.18$5,227
Jan 201104,03386.504.59$18,507
Dec 201024,46285.734.35$19,571
Nov 201024,14780.843.80$15,901
Oct 201014,27778.103.51$15,086
Sep 201003,14072.633.98$12,496
Aug 201002,16973.684.42$9,586
Jul 201002,29272.554.74$10,856
Jun 201002,92570.364.91$14,363
May 201003,14571.124.24$13,320
Apr 201002,72381.694.12$11,226
Mar 201004,44578.394.39$19,508
Feb 201004,44473.585.44$24,186
Jan 201004,60174.365.96$27,441
Dec 200934,82471.445.48$26,668
Nov 200904,95274.593.75$18,577
Oct 200904,42672.544.11$18,192
Sep 200905,24165.543.06$16,062
Aug 200935,03967.423.22$16,420
Jul 200905,54361.133.46$19,204
Jun 200905,31566.163.90$20,702
May 200905,81054.743.93$22,809
Apr 200905,28546.773.59$18,960
Mar 200905,41442.144.06$21,975
Feb 200904,94832.814.63$22,924
Jan 200905,02635.865.37$26,995
Dec 200804,71137.105.98$28,158
Nov 200804,84455.496.86$33,232
Oct 200806,76675.246.92$46,834
Sep 200806,815101.767.88$53,682
Aug 200805,135114.228.48$43,560
Jul 200805,799131.0811.39$66,047
Jun 200807,334131.3313.03$95,581
May 200807,350123.1711.57$85,071
Apr 200805,183110.3110.45$54,188
Mar 200805,758101.909.66$55,646
Feb 200808,65092.538.77$75,866
Jan 200804,92190.388.21$40,380
Dec 200707,04088.337.30$51,406
Nov 200707,65991.677.29$55,847
Oct 200707,09482.856.92$49,105
Sep 200709,96675.846.24$62,229
Aug 2007011,80269.066.39$75,390
Jul 2007012,06370.906.39$77,058
Jun 2007014,85062.007.55$112,094
May 2007017,20458.747.85$134,987
Apr 2007419,17659.617.81$149,911
Mar 2007022,97256.927.30$167,741
Feb 20071127,01455.108.22$222,553
Jan 2007014,22250.306.73$95,669

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                  871 Mcf  × $  2.26 =     $1,967

────────────────────────────────────────────────────
Month total                                   $1,967

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/240614 is the state's own key, not one this site invented.