BULLARD 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 240881District 09Field 65280200GasSaveExport
Value, all time
$11.9 M
May 2007 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
229
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
GasProduction2,338,046 Mcf$11,863,192
Total$11,863,192

Every month this lease reported (229)

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

229 months

May 20261,991106.413.05$6,064
Apr 20261,42398.932.87$4,084
Mar 20261,66789.753.15$5,250
Feb 20262,04863.503.75$7,681
Jan 20261,56559.138.00$12,517
Dec 20252,09756.664.41$9,255
Nov 20252,37658.593.93$9,329
Oct 20252,32959.383.30$7,697
Sep 20252,37562.743.08$7,308
Aug 20252,26763.933.01$6,834
Jul 20252,18866.743.32$7,254
Jun 20252,06166.483.13$6,448
May 20251,84960.553.23$5,977
Apr 20252,23762.363.54$7,926
Mar 20252,38267.704.27$10,167
Feb 20251,77070.884.34$7,683
Jan 20251,15674.324.28$4,946
Dec 20242,38668.993.12$7,448
Nov 20242,08369.052.20$4,579
Oct 20242,36571.372.28$5,396
Sep 20242,23069.612.36$5,273
Aug 20242,32375.632.06$4,794
Jul 20242,35779.932.15$5,060
Jun 20242,33578.082.63$6,150
May 20242,60478.812.20$5,725
Apr 20242,46384.451.66$4,087
Mar 20242,82180.301.55$4,359
Feb 20242,54876.091.78$4,545
Jan 20242,20073.023.30$7,255
Dec 20231,58471.262.61$4,135
Nov 20232,46277.892.81$6,912
Oct 20232,66085.443.09$8,212
Sep 20232,42489.042.74$6,630
Aug 20232,77380.522.67$7,412
Jul 20232,84474.852.64$7,513
Jun 20232,34768.962.26$5,301
May 20232,33870.622.23$5,208
Apr 20231,26878.122.24$2,837
Mar 20232,62072.852.39$6,270
Feb 20231,86975.112.47$4,608
Jan 20232,21776.533.39$7,511
Dec 20222,28176.415.73$13,068
Nov 20222,58985.005.65$14,618
Oct 20222,29687.185.86$13,463
Sep 20222,13284.888.16$17,405
Aug 20222,40194.529.13$21,914
Jul 20222,324101.587.54$17,528
Jun 20222,217115.097.98$17,685
May 20221,521109.378.43$12,827
Apr 20222,153104.226.84$14,721
Mar 20222,274108.885.08$11,544
Feb 20222,04791.054.86$9,946
Jan 20222,57481.844.54$11,680
Dec 20212,28971.323.90$8,925
Nov 20213,15477.435.24$16,517
Oct 20213,20479.795.71$18,307
Sep 20213,73869.865.35$20,002
Aug 20213,37966.024.22$14,261
Jul 20214,18270.783.98$16,653
Jun 20214,13569.493.38$13,979
May 20214,79863.483.02$14,479
Apr 20213,57160.362.76$9,850
Mar 20214,76561.302.72$12,946
Feb 20214,66057.805.55$25,853
Jan 20215,41450.412.81$15,215
Dec 20205,38844.642.68$14,415
Nov 20205,37338.772.71$14,542
Oct 20205,43036.972.48$13,458
Sep 20205,32237.091.99$10,596
Aug 20205,65339.982.39$13,483
Jul 20205,16038.371.83$9,418
Jun 20205,15534.901.69$8,714
May 20206,40516.921.81$11,623
Apr 20205,97414.751.80$10,779
Mar 20205,84830.341.86$10,855
Feb 20205,86349.881.98$11,613
Jan 20207,25757.252.09$15,202
Dec 20196,48959.012.30$14,953
Nov 20196,10755.302.75$16,799
Oct 20197,65453.472.42$18,512
Sep 20197,46155.052.66$19,826
Aug 20197,94453.112.30$18,306
Jul 20197,83356.272.46$19,270
Jun 20198,04052.782.49$20,029
May 20197,96258.482.74$21,818
Apr 20198,51362.632.75$23,417
Mar 20199,26956.803.06$28,383
Feb 20198,32350.852.79$23,240
Jan 20197,86646.033.23$25,393
Dec 20184,12946.594.19$17,282
Nov 20182,01452.934.24$8,534
Oct 20182,26561.443.40$7,697
Sep 20182,81959.543.11$8,761
Aug 20182,37859.403.07$7,292
Jul 20183,84965.142.93$11,285
Jun 20184,16360.183.08$12,809
May 20183,78065.382.90$10,965
Apr 20183,14363.842.90$9,117
Mar 20183,73861.222.79$10,417
Feb 20183,82761.782.77$10,586
Jan 20185,11362.874.01$20,500
Dec 20176,32557.272.92$18,479
Nov 20176,79255.423.12$21,180
Oct 20178,02549.292.98$23,944
Sep 20178,61647.523.09$26,600
Aug 20179,14845.373.00$27,484
Jul 20179,94343.873.09$30,697
Jun 201710,03542.493.09$30,981
May 201710,64145.373.26$34,726
Apr 201710,99647.933.21$35,315
Mar 20178,21246.772.98$24,502
Feb 201713950.452.95$410
Jan 20173,99949.413.42$13,672
Dec 20166,10348.763.72$22,720
Nov 20167,51042.492.64$19,859
Oct 20167,92446.193.09$24,487
Sep 20166,59141.553.10$20,436
Aug 20162,98541.442.92$8,729
Jul 20167,69441.622.92$22,500
Jun 20169,91945.352.69$26,641
May 201610,60142.521.99$21,107
Apr 20169,36436.561.99$18,644
Mar 20168,76233.011.79$15,719
Feb 20169,34726.472.06$19,289
Jan 201610,01027.352.36$23,667
Dec 201510,48432.362.00$20,983
Nov 201510,05338.792.17$21,788
Oct 201511,08343.552.43$26,894
Sep 201510,92342.992.76$30,130
Aug 201510,92040.162.87$31,368
Jul 201510,36248.152.95$30,517
Jun 201511,35956.152.88$32,746
May 201512,80455.212.96$37,842
Apr 201513,83749.822.71$37,451
Mar 201514,69042.892.93$43,111
Feb 201514,30044.662.98$42,560
Jan 201517,18543.433.10$53,284
Dec 201415,77654.693.59$56,657
Nov 20148,88670.464.25$37,782
Oct 20142278.303.90$86
Sep 2014786.164.05$28
Aug 20142389.394.04$93
Jul 20143196.564.18$130
Jun 20141,24398.164.74$5,888
May 20141,62194.734.73$7,662
Apr 20142,10095.944.81$10,099
Mar 20146,05795.895.06$30,629
Feb 20144,43797.406.19$27,474
Jan 20142,77290.404.86$13,474
Dec 20134,72491.824.35$20,571
Nov 20136,22988.853.74$23,286
Oct 20135,18897.423.78$19,607
Sep 20133,097104.113.72$11,514
Aug 20137,233104.253.52$25,479
Jul 20138,087102.523.72$30,065
Jun 20137,50894.403.93$29,532
May 20139,07594.834.15$37,653
Apr 20139,05993.964.28$38,796
Mar 20139,43193.623.91$36,902
Feb 20139,51991.233.42$32,554
Jan 201310,12691.603.42$34,630
Dec 20129,48986.773.42$32,454
Nov 20129,81086.953.62$35,561
Oct 201210,38589.383.40$35,306
Sep 201210,16594.672.92$29,666
Aug 20129,02492.662.91$26,243
Jul 20129,10185.133.02$27,492
Jun 201211,89579.822.52$29,964
May 201214,03591.612.49$34,924
Apr 201211,041101.652.00$22,047
Mar 201212,635105.052.22$28,076
Feb 201210,014101.102.57$25,738
Jan 201211,93298.092.73$32,623
Dec 201111,51996.873.24$37,319
Nov 201111,26995.723.31$37,315
Oct 201111,86484.983.65$43,286
Sep 201112,58683.623.99$50,165
Aug 201112,83783.404.15$53,265
Jul 201113,35894.144.52$60,341
Jun 201113,29392.904.64$61,678
May 201114,15898.134.40$62,363
Apr 201114,035105.964.33$60,818
Mar 201115,28196.364.06$62,000
Feb 201114,11085.644.18$58,980
Jan 201117,15786.504.59$78,730
Dec 201016,35285.734.35$71,094
Nov 201015,10980.843.80$57,344
Oct 201013,64578.103.51$47,879
Sep 20103,63072.633.98$14,445
Aug 20108,91773.684.42$39,407
Jul 20108,35972.554.74$39,592
Jun 20108,40370.364.91$41,262
May 201012,99471.124.24$55,032
Apr 201014,83281.694.12$61,148
Mar 201016,80278.394.39$73,738
Feb 201015,33873.585.44$83,475
Jan 201015,28474.365.96$91,155
Dec 200915,18371.445.48$83,260
Nov 200915,98674.593.75$59,971
Oct 200918,80172.544.11$77,277
Sep 200919,64265.543.06$60,198
Aug 200922,13867.423.22$71,251
Jul 200920,55661.133.46$71,216
Jun 200912,25266.163.90$47,722
May 200916,11854.743.93$63,275
Apr 200918,30446.773.59$65,666
Mar 200919,42642.144.06$78,850
Feb 200918,26532.814.63$84,622
Jan 200921,02235.865.37$112,909
Dec 200822,42437.105.98$134,031
Nov 200824,19555.496.86$165,986
Oct 200827,59275.246.92$190,991
Sep 200825,684101.767.88$202,315
Aug 200823,764114.228.48$201,590
Jul 200816,549131.0811.39$188,484
Jun 200830,279131.3313.03$394,615
May 200833,467123.1711.57$387,357
Apr 200833,930110.3110.45$354,733
Mar 200836,906101.909.66$356,662
Feb 200836,92892.538.77$323,880
Jan 200842,00190.388.21$344,649
Dec 200744,63388.337.30$325,909
Nov 200747,90991.677.29$349,338
Oct 200755,86882.856.92$386,717
Sep 200752,85075.846.24$330,004
Aug 200760,18769.066.39$384,471
Jul 200779,90970.906.39$510,454
Jun 2007100,47662.007.55$758,438
May 200746,70558.747.85$366,461

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
Gas                1,991 Mcf  × $  3.05 =     $6,064

────────────────────────────────────────────────────
Month total                                   $6,064

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/240881 is the state's own key, not one this site invented.