OWEN

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 240850District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
215
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
CondensateDisposition15 bbl$1,167
GasProduction1,259,447 Mcf$5,372,042
Total$5,373,209

Every month this lease reported (215)

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

215 months

May 202601,610106.413.05$4,904
Apr 202601,42998.932.87$4,101
Mar 202602,14689.753.15$6,759
Feb 202602,14263.503.75$8,033
Jan 202602,43759.138.00$19,491
Dec 202506556.664.41$287
Nov 202501,69158.593.93$6,640
Oct 202502,15759.383.30$7,129
Sep 202501,87962.743.08$5,782
Aug 202502,01563.933.01$6,075
Jul 202501,79566.743.32$5,951
Jun 202501,64666.483.13$5,150
May 202501,89160.553.23$6,112
Apr 202502,13962.363.54$7,579
Mar 202502,22867.704.27$9,510
Feb 202502,01570.884.34$8,747
Jan 202502,18874.324.28$9,362
Dec 202402,34768.993.12$7,326
Nov 202402,34769.052.20$5,160
Oct 202402,42971.372.28$5,542
Sep 202402,44269.612.36$5,774
Aug 202402,52175.632.06$5,202
Jul 202402,51879.932.15$5,405
Jun 202402,70478.082.63$7,122
May 202402,53678.812.20$5,575
Apr 202402,38184.451.66$3,951
Mar 202402,40680.301.55$3,718
Feb 202402,19076.091.78$3,906
Jan 202402,41373.023.30$7,957
Dec 202302,75771.262.61$7,198
Nov 202302,65577.892.81$7,454
Oct 202302,76085.443.09$8,521
Sep 202302,77789.042.74$7,595
Aug 202301,77780.522.67$4,750
Jul 202302,55674.852.64$6,752
Jun 202302,24668.962.26$5,073
May 202302,37570.622.23$5,290
Apr 202302,18978.122.24$4,898
Mar 202301,90272.852.39$4,552
Feb 202302,35175.112.47$5,797
Jan 202302,58076.533.39$8,740
Dec 202202,99376.415.73$17,147
Nov 202202,97985.005.65$16,820
Oct 202202,80087.185.86$16,419
Sep 202202,65484.888.16$21,666
Aug 202202,71494.529.13$24,771
Jul 202202,795101.587.54$21,080
Jun 202202,333115.097.98$18,611
May 202202,666109.378.43$22,482
Apr 202202,550104.226.84$17,436
Mar 202202,633108.885.08$13,366
Feb 202202,72491.054.86$13,235
Jan 202202,80581.844.54$12,728
Dec 202102,81871.323.90$10,988
Nov 202102,69077.435.24$14,087
Oct 202102,73079.795.71$15,599
Sep 202102,90969.865.35$15,566
Aug 202102,95966.024.22$12,489
Jul 202103,07570.783.98$12,245
Jun 202103,04969.493.38$10,308
May 202102,97263.483.02$8,969
Apr 202102,99160.362.76$8,250
Mar 202103,17061.302.72$8,613
Feb 202102,66657.805.55$14,791
Jan 202103,20150.412.81$8,996
Dec 202003,19044.642.68$8,535
Nov 202003,20138.772.71$8,664
Oct 202003,62336.972.48$8,979
Sep 202003,54737.091.99$7,062
Aug 202003,70039.982.39$8,825
Jul 202003,82838.371.83$6,987
Jun 202003,77634.901.69$6,383
May 202003,88616.921.81$7,052
Apr 202003,66114.751.80$6,606
Mar 202004,08830.341.86$7,588
Feb 202003,72249.881.98$7,372
Jan 202003,27457.252.09$6,858
Dec 201903,63559.012.30$8,376
Nov 201903,16055.302.75$8,692
Oct 201903,45353.472.42$8,351
Sep 201903,30055.052.66$8,769
Aug 201903,46953.112.30$7,994
Jul 201903,84256.272.46$9,452
Jun 201903,84452.782.49$9,576
May 201904,42058.482.74$12,112
Apr 201905,07962.632.75$13,971
Mar 201902,58856.803.06$7,925
Feb 201903,21650.852.79$8,980
Jan 201902,91346.033.23$9,404
Dec 201803,72346.594.19$15,582
Nov 201803,78652.934.24$16,042
Oct 201802,64661.443.40$8,991
Sep 201803,72859.543.11$11,587
Aug 201802,21459.403.07$6,789
Jul 201802,50765.142.93$7,350
Jun 201823,38860.183.08$10,545
May 201802,86365.382.90$8,305
Apr 201803,30263.842.90$9,578
Mar 201803,93961.222.79$10,977
Feb 201803,31461.782.77$9,167
Jan 201803,67362.874.01$14,726
Dec 201703,52257.272.92$10,290
Nov 201703,40255.423.12$10,609
Oct 201703,57549.292.98$10,667
Sep 201703,47047.523.09$10,713
Aug 201703,38245.373.00$10,161
Jul 201703,54743.873.09$10,951
Jun 201703,43442.493.09$10,602
May 201703,71845.373.26$12,133
Apr 201703,52647.933.21$11,324
Mar 201703,32946.772.98$9,933
Feb 201703,12350.452.95$9,221
Jan 201703,82249.413.42$13,067
Dec 201603,84348.763.72$14,307
Nov 201603,75542.492.64$9,930
Oct 201603,87946.193.09$11,987
Sep 201603,79641.553.10$11,770
Aug 201603,91441.442.92$11,446
Jul 201603,80241.622.92$11,118
Jun 201603,83545.352.69$10,300
May 201603,89542.521.99$7,755
Apr 201603,77636.561.99$7,518
Mar 201603,95433.011.79$7,094
Feb 201603,45626.472.06$7,132
Jan 201603,45227.352.36$8,162
Dec 201503,56632.362.00$7,137
Nov 201504,26038.792.17$9,233
Oct 201504,36443.552.43$10,590
Sep 201503,59142.992.76$9,905
Aug 201504,25940.162.87$12,234
Jul 201504,54648.152.95$13,388
Jun 201504,37656.152.88$12,615
May 201504,30455.212.96$12,720
Apr 201504,07949.822.71$11,040
Mar 201504,20342.892.93$12,335
Feb 201504,25844.662.98$12,673
Jan 201503,87543.433.10$12,015
Dec 201405,07754.693.59$18,233
Nov 201404,94070.464.25$21,004
Oct 201404,97678.303.90$19,411
Sep 201404,89586.164.05$19,802
Aug 201405,10389.394.04$20,591
Jul 201405,14896.564.18$21,517
Jun 201405,13098.164.74$24,300
May 201405,40794.734.73$25,557
Apr 201405,34295.944.81$25,690
Mar 201405,52795.895.06$27,949
Feb 201405,05797.406.19$31,313
Jan 201405,22790.404.86$25,407
Dec 201305,46391.824.35$23,789
Nov 201305,44288.853.74$20,344
Oct 201306,31497.423.78$23,863
Sep 201306,984104.113.72$25,965
Aug 201307,235104.253.52$25,486
Jul 201307,105102.523.72$26,415
Jun 201306,51294.403.93$25,614
May 201306,25394.834.15$25,944
Apr 201306,36293.964.28$27,246
Mar 201306,19193.623.91$24,225
Feb 201305,75991.233.42$19,695
Jan 201304,80391.603.42$16,426
Dec 201205,93286.773.42$20,288
Nov 201208,07886.953.62$29,282
Oct 201207,57389.383.40$25,746
Sep 201206,47894.672.92$18,905
Aug 201206,77892.662.91$19,712
Jul 201207,00285.133.02$21,152
Jun 201208,65879.822.52$21,810
May 2012010,80691.612.49$26,889
Apr 2012010,546101.652.00$21,058
Mar 201207,771105.052.22$17,268
Feb 201207,735101.102.57$19,881
Jan 201208,23098.092.73$22,501
Dec 201107,70196.873.24$24,949
Nov 201107,11895.723.31$23,570
Oct 201107,69484.983.65$28,072
Sep 201107,50783.623.99$29,921
Aug 201107,95783.404.15$33,016
Jul 201107,92394.144.52$35,790
Jun 201107,87192.904.64$36,521
May 201108,26598.134.40$36,406
Apr 201118,131105.964.33$35,340
Mar 201118,13796.364.06$33,111
Feb 201117,35985.644.18$30,846
Jan 201108,56786.504.59$39,312
Dec 201008,81585.734.35$38,325
Nov 201008,70180.843.80$33,023
Oct 201009,29678.103.51$32,619
Sep 201039,18172.633.98$36,753
Aug 201009,69373.684.42$42,837
Jul 2010010,80372.554.74$51,168
Jun 2010010,41570.364.91$51,142
May 2010112,11971.124.24$51,398
Apr 2010411,67081.694.12$48,439
Mar 2010012,65778.394.39$55,547
Feb 2010012,07173.585.44$65,695
Jan 2010013,92774.365.96$83,062
Dec 2009213,95971.445.48$76,691
Nov 2009014,23974.593.75$53,418
Oct 2009015,13172.544.11$62,192
Sep 2009013,83665.543.06$42,404
Aug 2009014,38667.423.22$46,301
Jul 2009015,63061.133.46$54,150
Jun 2009017,52266.163.90$68,248
May 2009018,20654.743.93$71,472
Apr 2009018,91146.773.59$67,843
Mar 2009020,69742.144.06$84,009
Feb 2009020,00932.814.63$92,702
Jan 2009021,26135.865.37$114,193
Dec 2008026,16437.105.98$156,386
Nov 2008027,68855.496.86$189,950
Oct 2008031,43375.246.92$217,579
Sep 2008034,987101.767.88$275,596
Aug 2008045,093114.228.48$382,525
Jul 2008014,984131.0811.39$170,659

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                1,610 Mcf  × $  3.05 =     $4,904

────────────────────────────────────────────────────
Month total                                   $4,904

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/240850 is the state's own key, not one this site invented.