VANCE 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 243374District 09Field 65280200GasSaveExport
Value, all time
$9.8 M
Aug 2008 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
214
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
GasProduction2,293,353 Mcf$9,791,892
Total$9,791,892

Every month this lease reported (214)

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

214 months

May 20263,728106.413.05$11,355
Apr 20263,41398.932.87$9,794
Mar 20263,50889.753.15$11,048
Feb 20263,14863.503.75$11,806
Jan 20263,38459.138.00$27,065
Dec 20253,51956.664.41$15,531
Nov 20253,14858.593.93$12,360
Oct 20253,40359.383.30$11,246
Sep 20253,32662.743.08$10,234
Aug 20253,29863.933.01$9,943
Jul 20253,31966.743.32$11,003
Jun 20253,29566.483.13$10,309
May 20253,35860.553.23$10,854
Apr 20253,38162.363.54$11,979
Mar 20253,45467.704.27$14,743
Feb 20253,11170.884.34$13,504
Jan 20253,52374.324.28$15,074
Dec 20243,56668.993.12$11,131
Nov 20243,47269.052.20$7,633
Oct 20243,65571.372.28$8,339
Sep 20243,50869.612.36$8,294
Aug 20243,67675.632.06$7,586
Jul 20243,66279.932.15$7,861
Jun 20243,58878.082.63$9,451
May 20243,67478.812.20$8,077
Apr 20243,63384.451.66$6,028
Mar 20243,70780.301.55$5,728
Feb 20243,49576.091.78$6,234
Jan 20243,78073.023.30$12,465
Dec 20233,78071.262.61$9,869
Nov 20233,83077.892.81$10,753
Oct 20233,87885.443.09$11,972
Sep 20233,92589.042.74$10,735
Aug 20234,08180.522.67$10,908
Jul 20234,13174.852.64$10,913
Jun 20233,98268.962.26$8,993
May 20234,11770.622.23$9,170
Apr 20234,00178.122.24$8,953
Mar 20234,12972.852.39$9,881
Feb 20233,72875.112.47$9,192
Jan 20234,22976.533.39$14,327
Dec 20224,10976.415.73$23,541
Nov 20223,76985.005.65$21,281
Oct 20224,16687.185.86$24,428
Sep 20223,72084.888.16$30,369
Aug 20223,58994.529.13$32,757
Jul 20223,790101.587.54$28,584
Jun 20222,801115.097.98$22,344
May 20223,841109.378.43$32,391
Apr 20224,029104.226.84$27,549
Mar 20224,244108.885.08$21,544
Feb 20223,82491.054.86$18,580
Jan 20223,95681.844.54$17,951
Dec 20213,78371.323.90$14,750
Nov 20213,57077.435.24$18,696
Oct 20213,72779.795.71$21,296
Sep 20213,47369.865.35$18,584
Aug 20213,70466.024.22$15,633
Jul 20213,38970.783.98$13,495
Jun 20214,06469.493.38$13,739
May 20214,80063.483.02$14,485
Apr 20214,00860.362.76$11,056
Mar 20214,47761.302.72$12,164
Feb 20212,39757.805.55$13,298
Jan 20214,90650.412.81$13,787
Dec 20205,56644.642.68$14,892
Nov 20205,66838.772.71$15,341
Oct 20205,57736.972.48$13,822
Sep 20205,51937.091.99$10,989
Aug 20205,55539.982.39$13,249
Jul 20205,34338.371.83$9,752
Jun 20205,33634.901.69$9,019
May 20205,62216.921.81$10,203
Apr 20205,21614.751.80$9,412
Mar 20205,49430.341.86$10,198
Feb 20204,97749.881.98$9,858
Jan 20205,38257.252.09$11,274
Dec 20195,45359.012.30$12,566
Nov 20195,31955.302.75$14,631
Oct 20195,90853.472.42$14,289
Sep 20195,31655.052.66$14,126
Aug 20195,40653.112.30$12,457
Jul 20195,58156.272.46$13,730
Jun 20195,28052.782.49$13,154
May 20195,59258.482.74$15,324
Apr 20194,65462.632.75$12,802
Mar 20194,12556.803.06$12,631
Feb 20195,67150.852.79$15,835
Jan 20196,10246.033.23$19,698
Dec 20186,39246.594.19$26,753
Nov 20185,80552.934.24$24,597
Oct 20186,14961.443.40$20,895
Sep 20185,48259.543.11$17,038
Aug 20185,55859.403.07$17,044
Jul 20186,20965.142.93$18,204
Jun 20185,02660.183.08$15,465
May 20186,00765.382.90$17,425
Apr 20186,09763.842.90$17,686
Mar 20186,41261.222.79$17,869
Feb 20186,03961.782.77$16,705
Jan 20186,76262.874.01$27,111
Dec 20176,39457.272.92$18,680
Nov 20176,08055.423.12$18,960
Oct 20176,79449.292.98$20,271
Sep 20176,51747.523.09$20,120
Aug 20176,80545.373.00$20,445
Jul 20177,25943.873.09$22,411
Jun 20176,49242.493.09$20,043
May 20177,04145.373.26$22,978
Apr 20176,48347.933.21$20,821
Mar 20176,01346.772.98$17,941
Feb 20176,81350.452.95$20,116
Jan 20177,76549.413.42$26,547
Dec 20167,35148.763.72$27,367
Nov 20166,60542.492.64$17,466
Oct 20167,00546.193.09$21,647
Sep 20167,18141.553.10$22,266
Aug 20167,32541.442.92$21,421
Jul 20167,97141.622.92$23,310
Jun 20167,00345.352.69$18,809
May 20166,05342.521.99$12,052
Apr 20166,21136.561.99$12,366
Mar 20167,59533.011.79$13,626
Feb 20167,37026.472.06$15,209
Jan 20166,71227.352.36$15,870
Dec 20156,75232.362.00$13,514
Nov 20156,82338.792.17$14,788
Oct 20157,25843.552.43$17,612
Sep 20157,51942.992.76$20,741
Aug 20155,22940.162.87$15,020
Jul 20154,69048.152.95$13,812
Jun 20153,98156.152.88$11,477
May 20157,77055.212.96$22,964
Apr 20157,36049.822.71$19,920
Mar 20157,96142.892.93$23,363
Feb 20157,50744.662.98$22,342
Jan 20158,04643.433.10$24,948
Dec 20148,14354.693.59$29,244
Nov 20148,60470.464.25$36,583
Oct 20149,07378.303.90$35,393
Sep 20148,84686.164.05$35,786
Aug 20147,98989.394.04$32,237
Jul 20149,18596.564.18$38,390
Jun 20149,11598.164.74$43,177
May 20149,60894.734.73$45,413
Apr 20147,70195.944.81$37,035
Mar 201410,12095.895.06$51,175
Feb 201410,06797.406.19$62,335
Jan 201411,62190.404.86$56,486
Dec 201311,88191.824.35$51,736
Nov 201311,51988.853.74$43,061
Oct 201312,02697.423.78$45,451
Sep 201312,757104.113.72$47,427
Aug 201313,666104.253.52$48,140
Jul 201312,370102.523.72$45,988
Jun 201311,04794.403.93$43,452
May 201311,11894.834.15$46,129
Apr 201311,96993.964.28$51,258
Mar 201312,71393.623.91$49,744
Feb 201311,92791.233.42$40,789
Jan 201312,72591.603.42$43,518
Dec 201212,32786.773.42$42,160
Nov 201211,96886.953.62$43,384
Oct 20129,52689.383.40$32,385
Sep 20125,94594.672.92$17,350
Aug 201214,49792.662.91$42,160
Jul 201210,71085.133.02$32,353
Jun 201212,30879.822.52$31,004
May 201215,28691.612.49$38,036
Apr 201212,163101.652.00$24,287
Mar 201215,094105.052.22$33,540
Feb 201213,582101.102.57$34,909
Jan 201214,16198.092.73$38,717
Dec 201115,16996.873.24$49,144
Nov 201114,89995.723.31$49,335
Oct 201116,16084.983.65$58,960
Sep 201114,88783.623.99$59,337
Aug 201116,68683.404.15$69,236
Jul 201118,94194.144.52$85,561
Jun 201118,23292.904.64$84,594
May 201120,97698.134.40$92,396
Apr 201113,465105.964.33$58,348
Mar 201112,75196.364.06$51,735
Feb 20113,68185.644.18$15,387
Jan 201118,34486.504.59$84,177
Dec 201018,98785.734.35$82,551
Nov 201017,82780.843.80$67,659
Oct 2010078.103.51$0
Sep 201011,63472.633.98$46,297
Aug 201021,14473.684.42$93,443
Jul 201018,51172.554.74$87,677
Jun 201015,89270.364.91$78,036
May 201024,12671.124.24$102,179
Apr 201023,85481.694.12$98,343
Mar 201025,69378.394.39$112,758
Feb 201024,95773.585.44$135,825
Jan 201027,21574.365.96$162,313
Dec 200931,29971.445.48$171,636
Nov 200918,05674.593.75$67,737
Oct 200931,42572.544.11$129,165
Sep 200932,56765.543.06$99,810
Aug 200935,17267.423.22$113,201
Jul 200929,78361.133.46$103,183
Jun 200931,70866.163.90$123,503
May 200938,28754.743.93$150,305
Apr 200940,91346.773.59$146,775
Mar 200946,22542.144.06$187,627
Feb 200945,22832.814.63$209,541
Jan 200954,99435.865.37$295,373
Dec 200860,78537.105.98$363,320
Nov 200867,27855.496.86$461,551
Oct 200882,30275.246.92$569,693
Sep 2008102,274101.767.88$805,622
Aug 200839,656114.228.48$336,403

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                3,728 Mcf  × $  3.05 =    $11,355

────────────────────────────────────────────────────
Month total                                  $11,355

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/243374 is the state's own key, not one this site invented.