TRWD III

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 243942District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
May 2008 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
217
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
CondensateDisposition1 bbl$70
GasProduction1,109,413 Mcf$5,510,951
Total$5,511,021

Every month this lease reported (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202601,41159.138.00$11,285
Dec 202501,80056.664.41$7,944
Nov 2025064458.593.93$2,529
Oct 202501,24059.383.30$4,098
Sep 2025089862.743.08$2,763
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202501,29466.483.13$4,049
May 202502,60060.553.23$8,404
Apr 202502,55662.363.54$9,056
Mar 202502,57167.704.27$10,974
Feb 202502,06470.884.34$8,959
Jan 2025034874.324.28$1,489
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202401,23271.372.28$2,811
Sep 2024071269.612.36$1,683
Aug 2024094575.632.06$1,950
Jul 202401,27779.932.15$2,741
Jun 202401,34078.082.63$3,530
May 202401,00578.812.20$2,209
Apr 202401,34084.451.66$2,223
Mar 202401,93180.301.55$2,984
Feb 2024074876.091.78$1,334
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202308489.042.74$230
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230970.622.23$20
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202308,07475.112.47$19,908
Jan 202302,08176.533.39$7,050
Dec 202201,28976.415.73$7,385
Nov 202201,12985.005.65$6,375
Oct 202202,28287.185.86$13,381
Sep 2022091284.888.16$7,445
Aug 202202,11594.529.13$19,304
Jul 202202,599101.587.54$19,602
Jun 202202,299115.097.98$18,340
May 202203,231109.378.43$27,247
Apr 202202,569104.226.84$17,566
Mar 202202,130108.885.08$10,813
Feb 202202,45391.054.86$11,919
Jan 202203,07981.844.54$13,972
Dec 202102,77871.323.90$10,832
Nov 202103,09577.435.24$16,208
Oct 202103,41079.795.71$19,484
Sep 202113,88869.865.35$20,874
Aug 202103,62866.024.22$15,312
Jul 202103,10670.783.98$12,368
Jun 202103,09769.493.38$10,470
May 202103,22763.483.02$9,738
Apr 202102,38960.362.76$6,590
Mar 202102,19661.302.72$5,966
Feb 202101,78157.805.55$9,881
Jan 202103,44450.412.81$9,679
Dec 202003,34044.642.68$8,936
Nov 202003,03138.772.71$8,204
Oct 202002,35536.972.48$5,837
Sep 202008737.091.99$173
Aug 20200439.982.39$10
Jul 20200038.371.83$0
Jun 20200234.901.69$3
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202004,31930.341.86$8,017
Feb 202003,19649.881.98$6,330
Jan 202003,00957.252.09$6,303
Dec 201903,33359.012.30$7,680
Nov 201903,07055.302.75$8,445
Oct 201904,07153.472.42$9,846
Sep 201904,08855.052.66$10,863
Aug 201904,26353.112.30$9,823
Jul 201904,18056.272.46$10,283
Jun 201903,21352.782.49$8,004
May 201903,63158.482.74$9,950
Apr 201904,03262.632.75$11,091
Mar 201903,28056.803.06$10,044
Feb 201902,36450.852.79$6,601
Jan 201902,96646.033.23$9,575
Dec 201802,21046.594.19$9,250
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201802,93259.543.11$9,113
Aug 201804,99059.403.07$15,302
Jul 201804,86665.142.93$14,267
Jun 201804,85960.183.08$14,951
May 201804,86665.382.90$14,115
Apr 201805,12863.842.90$14,875
Mar 201804,84661.222.79$13,505
Feb 201803,49661.782.77$9,670
Jan 201802,75562.874.01$11,046
Dec 201703,74357.272.92$10,935
Nov 201703,83055.423.12$11,943
Oct 201704,93749.292.98$14,730
Sep 201704,00047.523.09$12,349
Aug 201706,14445.373.00$18,459
Jul 201704,69243.873.09$14,486
Jun 201704,52542.493.09$13,970
May 201704,82045.373.26$15,730
Apr 201704,54847.933.21$14,606
Mar 201704,37646.772.98$13,057
Feb 201703,04450.452.95$8,988
Jan 201703,33249.413.42$11,391
Dec 201603,50048.763.72$13,030
Nov 201603,42542.492.64$9,057
Oct 201603,87046.193.09$11,959
Sep 201603,16241.553.10$9,804
Aug 201603,17841.442.92$9,294
Jul 201604,11541.622.92$12,034
Jun 201604,46745.352.69$11,998
May 201604,64042.521.99$9,238
Apr 201603,81536.561.99$7,596
Mar 201603,63933.011.79$6,528
Feb 201603,58026.472.06$7,388
Jan 201604,29827.352.36$10,162
Dec 201504,88032.362.00$9,767
Nov 201504,27738.792.17$9,270
Oct 201502,20543.552.43$5,351
Sep 201501,66842.992.76$4,601
Aug 201504,15940.162.87$11,947
Jul 201502,84648.152.95$8,382
Jun 201503,67156.152.88$10,583
May 201503,75455.212.96$11,095
Apr 201502,74249.822.71$7,421
Mar 201502,00142.892.93$5,872
Feb 201504,81444.662.98$14,327
Jan 201506,10743.433.10$18,936
Dec 201406,24454.693.59$22,424
Nov 201405,58370.464.25$23,738
Oct 201405,39578.303.90$21,046
Sep 201406,09586.164.05$24,657
Aug 201406,32989.394.04$25,538
Jul 201405,87896.564.18$24,568
Jun 201402,81498.164.74$13,330
May 20140094.734.73$0
Apr 201401595.944.81$72
Mar 201402295.895.06$111
Feb 201404197.406.19$254
Jan 2014060890.404.86$2,955
Dec 2013030891.824.35$1,341
Nov 201304,68188.853.74$17,499
Oct 201305,00897.423.78$18,927
Sep 201304,896104.113.72$18,202
Aug 201304,986104.253.52$17,564
Jul 201304,551102.523.72$16,919
Jun 201304,43594.403.93$17,445
May 201304,90894.834.15$20,364
Apr 201304,96893.964.28$21,276
Mar 201304,52093.623.91$17,686
Feb 201304,83691.233.42$16,539
Jan 201306,85591.603.42$23,443
Dec 201205,55386.773.42$18,992
Nov 201205,48786.953.62$19,890
Oct 201205,84689.383.40$19,875
Sep 201205,48994.672.92$16,019
Aug 201205,89492.662.91$17,141
Jul 201206,04285.133.02$18,252
Jun 201206,09079.822.52$15,341
May 201206,02591.612.49$14,992
Apr 201205,703101.652.00$11,388
Mar 201205,740105.052.22$12,755
Feb 201205,419101.102.57$13,928
Jan 201205,95798.092.73$16,287
Dec 201106,20296.873.24$20,093
Nov 201106,44895.723.31$21,351
Oct 201106,86884.983.65$25,058
Sep 201106,96183.623.99$27,745
Aug 201105,77583.404.15$23,962
Jul 201106,90594.144.52$31,192
Jun 201106,41992.904.64$29,783
May 201108,93398.134.40$39,348
Apr 201107,476105.964.33$32,396
Mar 201108,16396.364.06$33,120
Feb 201106,33685.644.18$26,484
Jan 201108,21186.504.59$37,678
Dec 201008,63085.734.35$37,521
Nov 201008,14880.843.80$30,924
Oct 201008,70078.103.51$30,527
Sep 201008,58772.633.98$34,172
Aug 201009,11273.684.42$40,269
Jul 201009,77972.554.74$46,318
Jun 2010010,00670.364.91$49,133
May 2010010,61671.124.24$44,961
Apr 2010010,92181.694.12$45,024
Mar 2010011,62678.394.39$51,023
Feb 2010011,36973.585.44$61,874
Jan 2010013,06774.365.96$77,933
Dec 2009013,73371.445.48$75,308
Nov 2009013,87774.593.75$52,060
Oct 2009015,12572.544.11$62,168
Sep 2009015,18665.543.06$46,541
Aug 2009012,42467.423.22$39,987
Jul 2009012,50661.133.46$43,327
Jun 2009015,36466.163.90$59,843
May 2009015,46154.743.93$60,696
Apr 2009017,73446.773.59$63,621
Mar 2009020,40842.144.06$82,836
Feb 2009022,41332.814.63$103,839
Jan 2009012,42935.865.37$66,756
Dec 200809,41737.105.98$56,287
Nov 2008015,31955.496.86$105,094
Oct 200804,69375.246.92$32,485
Sep 2008023,674101.767.88$186,482
Aug 2008029,560114.228.48$250,758
Jul 2008035,386131.0811.39$403,026
Jun 2008050,387131.3313.03$656,675
May 2008041,922123.1711.57$485,217

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                1,411 Mcf  × $  8.00 =    $11,285

────────────────────────────────────────────────────
Month total                                  $11,285

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/243942 is the state's own key, not one this site invented.