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 243420District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Aug 2008 – May 2026
Value, last 12 filed months
$172 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
GasProduction2,417,417 Mcf$10,016,356
Total$10,016,356

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 20263,927106.413.05$11,961
Apr 20263,75998.932.87$10,787
Mar 20263,75289.753.15$11,817
Feb 20263,48563.503.75$13,070
Jan 20263,76359.138.00$30,096
Dec 20253,92456.664.41$17,318
Nov 20253,74758.593.93$14,712
Oct 20253,98659.383.30$13,173
Sep 20253,97262.743.08$12,222
Aug 20253,98063.933.01$11,999
Jul 20253,83966.743.32$12,727
Jun 20253,79466.483.13$11,870
May 20254,04860.553.23$13,084
Apr 20254,03862.363.54$14,307
Mar 20254,24167.704.27$18,102
Feb 20253,83270.884.34$16,634
Jan 20254,29974.324.28$18,394
Dec 20244,35768.993.12$13,600
Nov 20244,17369.052.20$9,174
Oct 20244,39871.372.28$10,034
Sep 20244,32269.612.36$10,219
Aug 20244,45175.632.06$9,185
Jul 20244,46879.932.15$9,591
Jun 20244,44378.082.63$11,703
May 20244,67578.812.20$10,278
Apr 20244,67284.451.66$7,752
Mar 20244,87380.301.55$7,529
Feb 20244,48776.091.78$8,003
Jan 20245,10473.023.30$16,831
Dec 20234,82771.262.61$12,602
Nov 20234,53177.892.81$12,721
Oct 20234,95385.443.09$15,291
Sep 20234,35589.042.74$11,911
Aug 20234,87280.522.67$13,022
Jul 20234,75974.852.64$12,572
Jun 20234,45868.962.26$10,068
May 20234,79770.622.23$10,685
Apr 20235,02178.122.24$11,236
Mar 20234,06272.852.39$9,721
Feb 20233,57475.112.47$8,812
Jan 20234,91776.533.39$16,657
Dec 20225,27276.415.73$30,204
Nov 20224,81685.005.65$27,192
Oct 20224,47787.185.86$26,252
Sep 20224,24484.888.16$34,647
Aug 20224,76394.529.13$43,473
Jul 20224,810101.587.54$36,277
Jun 20224,717115.097.98$37,628
May 20224,874109.378.43$41,103
Apr 20224,905104.226.84$33,538
Mar 20225,000108.885.08$25,382
Feb 20224,66391.054.86$22,657
Jan 20223,23881.844.54$14,693
Dec 20214,24371.323.90$16,544
Nov 20215,23577.435.24$27,415
Oct 20215,41879.795.71$30,958
Sep 20215,36569.865.35$28,708
Aug 20215,83366.024.22$24,619
Jul 20215,82470.783.98$23,192
Jun 20215,59469.493.38$18,911
May 20215,86263.483.02$17,690
Apr 20215,77360.362.76$15,924
Mar 20215,97861.302.72$16,242
Feb 20215,35657.805.55$29,715
Jan 20216,21350.412.81$17,460
Dec 20206,19444.642.68$16,572
Nov 20205,73038.772.71$15,509
Oct 20206,15936.972.48$15,265
Sep 20205,68737.091.99$11,323
Aug 20205,94439.982.39$14,177
Jul 20206,10438.371.83$11,141
Jun 20206,01834.901.69$10,172
May 20206,76016.921.81$12,268
Apr 20202,68814.751.80$4,850
Mar 20206,59530.341.86$12,242
Feb 20206,41249.881.98$12,700
Jan 20206,98757.252.09$14,636
Dec 20196,67859.012.30$15,389
Nov 20196,16055.302.75$16,944
Oct 20196,55753.472.42$15,858
Sep 20196,42555.052.66$17,073
Aug 20196,43753.112.30$14,833
Jul 20196,83056.272.46$16,802
Jun 20196,45752.782.49$16,086
May 20196,69758.482.74$18,352
Apr 20196,71462.632.75$18,468
Mar 20197,57056.803.06$23,180
Feb 20196,76250.852.79$18,881
Jan 20196,47846.033.23$20,912
Dec 20184,12146.594.19$17,248
Nov 20186,21252.934.24$26,322
Oct 20186,33661.443.40$21,530
Sep 20186,86059.543.11$21,321
Aug 20185,47559.403.07$16,789
Jul 20187,23265.142.93$21,203
Jun 20187,04460.183.08$21,674
May 20187,50265.382.90$21,762
Apr 20187,30763.842.90$21,196
Mar 20187,39761.222.79$20,614
Feb 20186,75461.782.77$18,682
Jan 20187,60662.874.01$30,495
Dec 20177,25557.272.92$21,196
Nov 20177,26155.423.12$22,642
Oct 20177,71949.292.98$23,031
Sep 20177,66847.523.09$23,673
Aug 20177,95045.373.00$23,885
Jul 20178,06143.873.09$24,887
Jun 20177,89142.493.09$24,362
May 20178,08945.373.26$26,398
Apr 20178,55247.933.21$27,466
Mar 20178,48446.772.98$25,314
Feb 20177,64150.452.95$22,561
Jan 20178,21249.413.42$28,075
Dec 20168,11948.763.72$30,226
Nov 20168,10042.492.64$21,419
Oct 20168,81746.193.09$27,247
Sep 20167,63941.553.10$23,686
Aug 20166,89041.442.92$20,149
Jul 20166,80541.622.92$19,900
Jun 20167,91045.352.69$21,245
May 20168,52942.521.99$16,982
Apr 20168,87436.561.99$17,668
Mar 20168,27033.011.79$14,836
Feb 20168,71826.472.06$17,991
Jan 20168,84927.352.36$20,922
Dec 20159,17332.362.00$18,359
Nov 20159,13338.792.17$19,794
Oct 20158,52643.552.43$20,689
Sep 20159,43642.992.76$26,028
Aug 20159,95640.162.87$28,599
Jul 201510,01248.152.95$29,486
Jun 20159,60456.152.88$27,687
May 201510,44955.212.96$30,882
Apr 201510,50449.822.71$28,430
Mar 201510,90242.892.93$31,994
Feb 201510,36644.662.98$30,851
Jan 201511,36943.433.10$35,251
Dec 201411,52254.693.59$41,380
Nov 201411,19370.464.25$47,591
Oct 201411,19978.303.90$43,687
Sep 201410,93086.164.05$44,217
Aug 20149,26689.394.04$37,389
Jul 20146,33596.564.18$26,478
Jun 201411,47398.164.74$54,346
May 201412,16394.734.73$57,489
Apr 201412,02195.944.81$57,810
Mar 201412,85095.895.06$64,980
Feb 201411,37497.406.19$70,428
Jan 201410,92690.404.86$53,108
Dec 20139,49591.824.35$41,346
Nov 201311,44888.853.74$42,796
Oct 201310,64697.423.78$40,235
Sep 20139,332104.113.72$34,694
Aug 201311,667104.253.52$41,098
Jul 201311,080102.523.72$41,193
Jun 20139,25794.403.93$36,412
May 20139,76194.834.15$40,499
Apr 201310,20793.964.28$43,712
Mar 201311,25893.623.91$44,051
Feb 201310,62991.233.42$36,350
Jan 201313,24791.603.42$45,304
Dec 201213,11886.773.42$44,866
Nov 201212,64986.953.62$45,852
Oct 201213,41989.383.40$45,620
Sep 201211,49994.672.92$33,559
Aug 201215,64592.662.91$45,498
Jul 201215,56885.133.02$47,028
Jun 201214,20179.822.52$35,773
May 201215,64391.612.49$38,925
Apr 201213,582101.652.00$27,121
Mar 201211,718105.052.22$26,038
Feb 201211,758101.102.57$30,221
Jan 201212,82998.092.73$35,076
Dec 201113,25796.873.24$42,949
Nov 201113,54095.723.31$44,835
Oct 201113,93984.983.65$50,857
Sep 201113,01783.623.99$51,883
Aug 201113,40283.404.15$55,609
Jul 201113,87094.144.52$62,654
Jun 201113,23292.904.64$61,395
May 201115,21698.134.40$67,024
Apr 201114,819105.964.33$64,215
Mar 201116,98496.364.06$68,910
Feb 201114,88085.644.18$62,198
Jan 201118,43486.504.59$84,590
Dec 201016,68985.734.35$72,560
Nov 201016,89080.843.80$64,103
Oct 201018,46378.103.51$64,785
Sep 201019,48772.633.98$77,548
Aug 201021,51373.684.42$95,074
Jul 201018,29172.554.74$86,635
Jun 201016,06070.364.91$78,861
May 201023,08671.124.24$97,774
Apr 201022,52081.694.12$92,843
Mar 201023,57978.394.39$103,480
Feb 201022,16373.585.44$120,619
Jan 201026,25774.365.96$156,599
Dec 200928,40471.445.48$155,760
Nov 200923,74774.593.75$89,087
Oct 200930,44572.544.11$125,137
Sep 200931,12765.543.06$95,396
Aug 200932,92867.423.22$105,979
Jul 200928,25761.133.46$97,896
Jun 200930,94566.163.90$120,531
May 200937,77754.743.93$148,303
Apr 200939,75546.773.59$142,621
Mar 200944,61442.144.06$181,088
Feb 200943,21732.814.63$200,224
Jan 200952,20535.865.37$280,393
Dec 200856,19337.105.98$335,873
Nov 200861,74955.496.86$423,620
Oct 200871,01975.246.92$491,592
Sep 200887,825101.767.88$691,805
Aug 200835,684114.228.48$302,708

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                3,927 Mcf  × $  3.05 =    $11,961

────────────────────────────────────────────────────
Month total                                  $11,961

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/243420 is the state's own key, not one this site invented.