USA TRUST

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 243927District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$87 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-07-30192286
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition9,321 bbl$630,886
GasProduction1,035,292 Mcf$3,788,563
Total$4,419,450

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2352, -97.2225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23518, -97.22253 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,753 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,753 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-12133445D 1H8,753 ftApr 2009

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

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 202601,905106.413.05$5,802
Apr 202602,09698.932.87$6,015
Mar 202621,86689.753.15$6,056
Feb 2026521,00263.503.75$7,060
Jan 202601,49459.138.00$11,949
Dec 202501,68056.664.41$7,414
Nov 202501,87958.593.93$7,378
Oct 2025102,11359.383.30$7,577
Sep 2025501,83062.743.08$8,768
Aug 202501,93363.933.01$5,828
Jul 202501,94166.743.32$6,435
Jun 2025131,98166.483.13$7,062
May 202502,06560.553.23$6,675
Apr 2025551,97262.363.54$10,417
Mar 202502,09967.704.27$8,959
Feb 202501,85770.884.34$8,061
Jan 202592,05074.324.28$9,440
Dec 2024412,12068.993.12$9,446
Nov 202402,19069.052.20$4,815
Oct 202402,13571.372.28$4,871
Sep 202401,76269.612.36$4,166
Aug 2024122,18875.632.06$5,423
Jul 2024601,90779.932.15$8,889
Jun 202401,77878.082.63$4,683
May 202401,83578.812.20$4,034
Apr 202401,80684.451.66$2,997
Mar 20241161,92880.301.55$12,294
Feb 202401,96476.091.78$3,503
Jan 202401,99673.023.30$6,582
Dec 202302,23371.262.61$5,830
Nov 202302,16677.892.81$6,081
Oct 202302,19985.443.09$6,789
Sep 202302,20389.042.74$6,025
Aug 20231822,28480.522.67$20,760
Jul 202302,47774.852.64$6,544
Jun 202302,27868.962.26$5,145
May 202302,29070.622.23$5,101
Apr 202302,29878.122.24$5,142
Mar 2023074272.852.39$1,776
Feb 202301,81475.112.47$4,473
Jan 202301,46276.533.39$4,953
Dec 202201,20876.415.73$6,921
Nov 202201,06585.005.65$6,013
Oct 202201,13587.185.86$6,655
Sep 2022078384.888.16$6,392
Aug 202202,38494.529.13$21,759
Jul 202202,396101.587.54$18,071
Jun 202202,323115.097.98$18,531
May 202202,487109.378.43$20,973
Apr 202202,488104.226.84$17,012
Mar 202202,359108.885.08$11,975
Feb 202202,00791.054.86$9,752
Jan 202202,69281.844.54$12,215
Dec 202102,77871.323.90$10,832
Nov 202102,57677.435.24$13,490
Oct 202102,87679.795.71$16,433
Sep 202102,83969.865.35$15,191
Aug 202101,77566.024.22$7,492
Jul 202101,84170.783.98$7,331
Jun 202101,87969.493.38$6,352
May 20211322,39263.483.02$15,598
Apr 202102,60760.362.76$7,191
Mar 202102,87661.302.72$7,814
Feb 202102,26557.805.55$12,566
Jan 202102,68550.412.81$7,546
Dec 202002,77944.642.68$7,435
Nov 202002,52438.772.71$6,831
Oct 202002,67636.972.48$6,632
Sep 202002,87637.091.99$5,726
Aug 202003,02139.982.39$7,205
Jul 202003,08438.371.83$5,629
Jun 202003,00534.901.69$5,079
May 202002,72616.921.81$4,947
Apr 20201692,67814.751.80$7,325
Mar 202003,31530.341.86$6,153
Feb 202003,09149.881.98$6,122
Jan 202003,60057.252.09$7,541
Dec 201903,23559.012.30$7,455
Nov 201902,79655.302.75$7,691
Oct 201902,94753.472.42$7,127
Sep 201903,15655.052.66$8,386
Aug 201903,36553.112.30$7,754
Jul 201903,11056.272.46$7,651
Jun 201903,09152.782.49$7,700
May 201903,29358.482.74$9,024
Apr 201903,04362.632.75$8,370
Mar 20191402,96756.803.06$17,037
Feb 201902,89550.852.79$8,083
Jan 201903,34846.033.23$10,808
Dec 201803,40646.594.19$14,256
Nov 201803,42752.934.24$14,521
Oct 201802,77561.443.40$9,430
Sep 201803,07059.543.11$9,542
Aug 201803,20259.403.07$9,819
Jul 201803,31865.142.93$9,728
Jun 201803,33660.183.08$10,265
May 201803,43565.382.90$9,964
Apr 201803,37163.842.90$9,779
Mar 201803,50761.222.79$9,773
Feb 201802,86961.782.77$7,936
Jan 201803,17262.874.01$12,718
Dec 201703,39557.272.92$9,919
Nov 201703,43155.423.12$10,699
Oct 201703,60249.292.98$10,747
Sep 201703,51547.523.09$10,852
Aug 201703,64645.373.00$10,954
Jul 201703,65143.873.09$11,272
Jun 2017613,48742.493.09$13,357
May 201703,61945.373.26$11,810
Apr 201703,10447.933.21$9,969
Mar 201703,16146.772.98$9,431
Feb 201702,90350.452.95$8,571
Jan 201703,16649.413.42$10,824
Dec 2016963,76548.763.72$18,697
Nov 201603,68142.492.64$9,734
Oct 201603,89646.193.09$12,040
Sep 201603,75041.553.10$11,627
Aug 201603,86441.442.92$11,300
Jul 201603,87141.622.92$11,320
Jun 2016683,71145.352.69$13,051
May 201603,66042.521.99$7,287
Apr 201603,88936.561.99$7,743
Mar 201603,12333.011.79$5,603
Feb 201603,71126.472.06$7,658
Jan 201604,10727.352.36$9,710
Dec 2015824,44732.362.00$11,554
Nov 201504,23138.792.17$9,170
Oct 201503,98243.552.43$9,663
Sep 201504,43542.992.76$12,234
Aug 201504,83440.162.87$13,886
Jul 2015754,74748.152.95$17,592
Jun 201504,63356.152.88$13,356
May 201505,07355.212.96$14,993
Apr 2015944,19149.822.71$16,026
Mar 201504,78042.892.93$14,028
Feb 201504,25144.662.98$12,652
Jan 2015664,75343.433.10$17,604
Dec 201404,80354.693.59$17,249
Nov 201404,59570.464.25$19,537
Oct 201404,94678.303.90$19,294
Sep 20142484,90086.164.05$41,190
Aug 2014985,22989.394.04$29,860
Jul 201404,98596.564.18$20,835
Jun 201405,06698.164.74$23,997
May 201405,33394.734.73$25,207
Apr 2014665,03495.944.81$30,541
Mar 201405,24795.895.06$26,533
Feb 201404,36797.406.19$27,040
Jan 20141925,17690.404.86$42,516
Dec 201305,37591.824.35$23,405
Nov 201305,26688.853.74$19,686
Oct 201305,72197.423.78$21,622
Sep 201305,348104.113.72$19,882
Aug 201305,221104.253.52$18,392
Jul 201305,568102.523.72$20,700
Jun 201305,89194.403.93$23,172
May 201306,24994.834.15$25,928
Apr 201306,10893.964.28$26,158
Mar 20131596,70493.623.91$41,117
Feb 201306,41191.233.42$21,925
Jan 201305,35891.603.42$18,324
Dec 201204,69186.773.42$16,044
Nov 201204,21686.953.62$15,283
Oct 201206,63089.383.40$22,540
Sep 201208,49094.672.92$24,777
Aug 201206,08892.662.91$17,705
Jul 20121775,90785.133.02$32,912
Jun 201205,47979.822.52$13,802
May 201206,87891.612.49$17,115
Apr 201207,222101.652.00$14,421
Mar 201205,920105.052.22$13,155
Feb 201205,577101.102.57$14,334
Jan 20121656,83798.092.73$34,878
Dec 201107,76296.873.24$25,147
Nov 201107,38895.723.31$24,464
Oct 20111957,72384.983.65$44,749
Sep 201106,87983.623.99$27,418
Aug 201106,94583.404.15$28,817
Jul 201107,58094.144.52$34,241
Jun 20111928,40292.904.64$56,821
May 201108,96698.134.40$39,494
Apr 201109,100105.964.33$39,433
Mar 201119510,15596.364.06$59,992
Feb 201107,53385.644.18$31,488
Jan 20111929,19086.504.59$58,779
Dec 201008,79485.734.35$38,234
Nov 201009,03180.843.80$34,276
Oct 20101929,46178.103.51$48,193
Sep 201009,96972.633.98$39,671
Aug 2010010,74173.684.42$47,468
Jul 201019311,37972.554.74$67,899
Jun 201019011,76870.364.91$71,154
May 201019412,73571.124.24$67,733
Apr 2010013,44881.694.12$55,442
Mar 2010014,94278.394.39$65,576
Feb 201020514,43773.585.44$93,655
Jan 201020517,83774.365.96$121,625
Dec 200920515,33271.445.48$98,722
Nov 200920317,10174.593.75$79,296
Oct 200940419,44172.544.11$109,214
Sep 200939623,01065.543.06$96,474
Aug 200939624,66167.423.22$106,070
Jul 200958728,46561.133.46$134,500
Jun 200969327,93166.163.90$154,640
May 20091,20230,34654.743.93$184,928
Apr 200959219,89646.773.59$99,065
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
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                1,905 Mcf  × $  3.05 =     $5,802

────────────────────────────────────────────────────
Month total                                   $5,802

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/243927 is the state's own key, not one this site invented.