DUNCAN 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 243426District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$207 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
CondensateDisposition2 bbl$142
GasProduction2,386,909 Mcf$9,083,212
Total$9,083,354

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 202604,951106.413.05$15,080
Apr 202605,35998.932.87$15,379
Mar 202604,40089.753.15$13,858
Feb 202602,75763.503.75$10,340
Jan 202605,04759.138.00$40,366
Dec 202504,19956.664.41$18,532
Nov 202506,76558.593.93$26,562
Oct 202504,41559.383.30$14,591
Sep 202504,60862.743.08$14,178
Aug 202504,27263.933.01$12,879
Jul 202503,67066.743.32$12,167
Jun 202504,15166.483.13$12,987
May 202505,38960.553.23$17,419
Apr 202503,78262.363.54$13,400
Mar 202505,37467.704.27$22,938
Feb 202504,57570.884.34$19,859
Jan 202506,67574.324.28$28,560
Dec 202404,15768.993.12$12,976
Nov 202403,47769.052.20$7,644
Oct 202402,58871.372.28$5,904
Sep 202402,37469.612.36$5,613
Aug 202401,38375.632.06$2,854
Jul 2024039979.932.15$856
Jun 202404,12378.082.63$10,860
May 202405,01378.812.20$11,021
Apr 202404,13384.451.66$6,857
Mar 202402,56980.301.55$3,969
Feb 202402,51576.091.78$4,486
Jan 202403,37773.023.30$11,136
Dec 202303,24371.262.61$8,467
Nov 202302,27177.892.81$6,376
Oct 202301,70285.443.09$5,255
Sep 202304,53589.042.74$12,403
Aug 202304,08880.522.67$10,927
Jul 202306,05474.852.64$15,993
Jun 202303,17568.962.26$7,171
May 202303,81170.622.23$8,489
Apr 202306,28678.122.24$14,067
Mar 202306,28972.852.39$15,051
Feb 202305,90075.112.47$14,548
Jan 202305,03976.533.39$17,071
Dec 202205,17476.415.73$29,642
Nov 2022011,43585.005.65$64,564
Oct 2022010,72887.185.86$62,906
Sep 202209,89384.888.16$80,763
Aug 202201,52094.529.13$13,873
Jul 20220333101.587.54$2,512
Jun 2022074115.097.98$590
May 202203,514109.378.43$29,634
Apr 202204,713104.226.84$32,226
Mar 202205,024108.885.08$25,504
Feb 202204,67091.054.86$22,691
Jan 202205,22081.844.54$23,687
Dec 202105,53071.323.90$21,562
Nov 202105,28577.435.24$27,677
Oct 202106,32279.795.71$36,123
Sep 202106,30669.865.35$33,743
Aug 202106,26366.024.22$26,434
Jul 202127,32770.783.98$29,318
Jun 202106,91169.493.38$23,363
May 202107,15363.483.02$21,585
Apr 202106,72660.362.76$18,553
Mar 202107,90561.302.72$21,477
Feb 202105,98457.805.55$33,199
Jan 202106,34350.412.81$17,826
Dec 202006,09844.642.68$16,315
Nov 202006,23238.772.71$16,867
Oct 202006,24836.972.48$15,485
Sep 202005,81037.091.99$11,568
Aug 202006,53339.982.39$15,582
Jul 202006,95938.371.83$12,701
Jun 202007,07734.901.69$11,962
May 202008,83916.921.81$16,041
Apr 202005,99314.751.80$10,814
Mar 202006,51930.341.86$12,101
Feb 202007,27249.881.98$14,403
Jan 202007,76557.252.09$16,266
Dec 201907,95659.012.30$18,333
Nov 201907,86755.302.75$21,640
Oct 201908,44853.472.42$20,432
Sep 201908,17155.052.66$21,713
Aug 201908,68253.112.30$20,006
Jul 201908,50356.272.46$20,918
Jun 201908,49052.782.49$21,150
May 201907,98558.482.74$21,881
Apr 201908,33862.632.75$22,935
Mar 201909,39156.803.06$28,756
Feb 201908,70750.852.79$24,312
Jan 201909,37046.033.23$30,248
Dec 201809,24046.594.19$38,673
Nov 201808,31652.934.24$35,237
Oct 201809,32261.443.40$31,677
Sep 201809,39459.543.11$29,197
Aug 2018010,14259.403.07$31,101
Jul 2018010,66165.142.93$31,257
Jun 2018010,73860.183.08$33,040
May 2018011,91365.382.90$34,557
Apr 2018011,36263.842.90$32,959
Mar 2018011,79261.222.79$32,862
Feb 2018010,58861.782.77$29,288
Jan 201807,25662.874.01$29,092
Dec 2017012,41757.272.92$36,277
Nov 2017012,41955.423.12$38,727
Oct 2017013,18449.292.98$39,337
Sep 2017012,14447.523.09$37,492
Aug 2017010,94745.373.00$32,889
Jul 201708,88743.873.09$27,437
Jun 201709,92142.493.09$30,629
May 2017010,30145.373.26$33,616
Apr 201707,32147.933.21$23,512
Mar 2017011,48946.772.98$34,280
Feb 2017011,04650.452.95$32,614
Jan 2017011,23749.413.42$38,417
Dec 201608,02048.763.72$29,857
Nov 2016014,56842.492.64$38,523
Oct 2016016,20846.193.09$50,087
Sep 2016015,06741.553.10$46,717
Aug 2016015,89741.442.92$46,488
Jul 2016015,96441.622.92$46,684
Jun 2016011,48645.352.69$30,849
May 2016010,05142.521.99$20,012
Apr 2016010,83936.561.99$21,581
Mar 2016011,48833.011.79$20,610
Feb 2016010,79826.472.06$22,283
Jan 2016011,25727.352.36$26,616
Dec 2015010,73832.362.00$21,491
Nov 201507,39638.792.17$16,030
Oct 2015045043.552.43$1,092
Sep 2015041042.992.76$1,131
Aug 2015041040.162.87$1,178
Jul 2015099748.152.95$2,936
Jun 201507,22456.152.88$20,826
May 201506,88855.212.96$20,357
Apr 201507,29549.822.71$19,744
Mar 201505,37742.892.93$15,780
Feb 201506,12444.662.98$18,226
Jan 201502,91043.433.10$9,023
Dec 201406,37654.693.59$22,899
Nov 201406,83670.464.25$29,066
Oct 201405,17378.303.90$20,180
Sep 2014024386.164.05$983
Aug 201405,32289.394.04$21,475
Jul 2014011,37796.564.18$47,551
Jun 201405,81498.164.74$27,540
May 201403,21194.734.73$15,177
Apr 201409,64695.944.81$46,389
Mar 2014015,00395.895.06$75,867
Feb 2014013,21897.406.19$81,846
Jan 2014015,90290.404.86$77,295
Dec 2013013,34891.824.35$58,124
Nov 2013014,86488.853.74$55,566
Oct 2013012,87297.423.78$48,648
Sep 2013012,993104.113.72$48,305
Aug 2013018,018104.253.52$63,470
Jul 2013015,948102.523.72$59,291
Jun 2013015,69894.403.93$61,747
May 2013016,80494.834.15$69,721
Apr 2013013,72693.964.28$58,783
Mar 2013014,73293.623.91$57,644
Feb 2013015,05891.233.42$51,497
Jan 2013017,05191.603.42$58,313
Dec 2012017,14286.773.42$58,628
Nov 2012017,74686.953.62$64,329
Oct 2012019,05989.383.40$64,795
Sep 2012017,86994.672.92$52,149
Aug 2012017,84692.662.91$51,899
Jul 2012017,08285.133.02$51,601
Jun 2012021,62979.822.52$54,484
May 2012022,74691.612.49$56,599
Apr 2012020,842101.652.00$41,617
Mar 2012015,590105.052.22$34,642
Feb 201200101.102.57$0
Jan 201208,62698.092.73$23,584
Dec 2011010,39296.873.24$33,667
Nov 2011020,22395.723.31$66,964
Oct 201109,80884.983.65$35,785
Sep 2011016,75583.623.99$66,782
Aug 2011021,20483.404.15$87,982
Jul 201104,86894.144.52$21,990
Jun 201101092.904.64$46
May 2011012,16298.134.40$53,571
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201104,57485.644.18$19,119
Jan 2011019,10186.504.59$87,650
Dec 2010019,48985.734.35$84,733
Nov 2010015,24280.843.80$57,848
Oct 2010019,93678.103.51$69,953
Sep 2010019,64972.633.98$78,193
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201009,42471.124.24$39,913
Apr 2010026,08381.694.12$107,532
Mar 2010033,67278.394.39$147,775
Feb 2010031,00173.585.44$168,719
Jan 2010036,26674.365.96$216,294
Dec 2009033,97971.445.48$186,332
Nov 2009030,92874.593.75$116,026
Oct 2009033,58672.544.11$138,047
Sep 2009035,28865.543.06$108,149
Aug 2009036,69067.423.22$118,087
Jul 2009038,83861.133.46$134,554
Jun 2009031,56766.163.90$122,953
May 2009045,61554.743.93$179,073
Apr 2009048,71346.773.59$174,758
Mar 2009049,70042.144.06$201,732
Feb 2009046,30532.814.63$214,531
Jan 2009056,00635.865.37$300,808
Dec 2008063,33737.105.98$378,574
Nov 2008072,38055.496.86$496,553
Oct 200806,31375.246.92$43,698
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0

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                4,951 Mcf  × $  3.05 =    $15,080

────────────────────────────────────────────────────
Month total                                  $15,080

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/243426 is the state's own key, not one this site invented.