BALLARD 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 245068District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.7 M
Jan 2008 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
221
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
CondensateDisposition3,534 bbl$251,575
GasProduction961,036 Mcf$3,497,823
Total$3,749,398

Every month this lease reported (221)

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

221 months

May 202605,000106.413.05$15,229
Apr 202603,81698.932.87$10,951
Mar 202604,50289.753.15$14,179
Feb 202614,20463.503.75$15,830
Jan 2026133,26859.138.00$26,906
Dec 202555,42556.664.41$24,226
Nov 2025173,48658.593.93$14,684
Oct 202543,68259.383.30$12,406
Sep 2025273,70162.743.08$13,082
Aug 2025184,01563.933.01$13,255
Jul 202504,22066.743.32$13,990
Jun 202504,18966.483.13$13,106
May 202504,65360.553.23$15,040
Apr 202524,72862.363.54$16,877
Mar 2025345,44967.704.27$25,560
Feb 202502,50970.884.34$10,891
Jan 202506,01874.324.28$25,749
Dec 202404,36268.993.12$13,615
Nov 202493,58969.052.20$8,512
Oct 2024304,16471.372.28$11,641
Sep 202403,16569.612.36$7,483
Aug 202473,85875.632.06$8,491
Jul 2024333,99579.932.15$11,213
Jun 202402,45078.082.63$6,453
May 202403,40678.812.20$7,488
Apr 202401,00084.451.66$1,659
Mar 2024802,14380.301.55$9,735
Feb 202402,36276.091.78$4,213
Jan 202402,05573.023.30$6,777
Dec 202302,15671.262.61$5,629
Nov 202303,14777.892.81$8,835
Oct 2023882,97385.443.09$16,697
Sep 202309889.042.74$268
Aug 2023020480.522.67$545
Jul 202301,84274.852.64$4,866
Jun 2023050068.962.26$1,129
May 202302,18570.622.23$4,867
Apr 202302,87678.122.24$6,436
Mar 202302,56672.852.39$6,141
Feb 2023941,01075.112.47$9,551
Jan 202302,57076.533.39$8,706
Dec 202202,53676.415.73$14,529
Nov 202203,14285.005.65$17,740
Oct 202203,32987.185.86$19,520
Sep 202203,32684.888.16$27,152
Aug 202203,83494.529.13$34,994
Jul 202203,783101.587.54$28,532
Jun 202203,788115.097.98$30,218
May 2022933,524109.378.43$39,889
Apr 202204,069104.226.84$27,822
Mar 202202,463108.885.08$12,503
Feb 2022031191.054.86$1,511
Jan 202202,03881.844.54$9,248
Dec 202103,40371.323.90$13,269
Nov 2021452,57277.435.24$16,954
Oct 202104,08479.795.71$23,335
Sep 2021753,42869.865.35$23,582
Aug 202103,72366.024.22$15,713
Jul 202103,18770.783.98$12,691
Jun 202103,18369.493.38$10,761
May 202174,87263.483.02$15,146
Apr 2021914,25360.362.76$17,224
Mar 202102,72661.302.72$7,406
Feb 202101,87557.805.55$10,402
Jan 202102,65150.412.81$7,450
Dec 2020942,83344.642.68$11,776
Nov 202002,11138.772.71$5,714
Oct 202002,26936.972.48$5,624
Sep 202002,42737.091.99$4,832
Aug 202002,86439.982.39$6,831
Jul 202002,62338.371.83$4,787
Jun 202003,18034.901.69$5,375
May 2020905,69916.921.81$11,865
Apr 202006,84614.751.80$12,353
Mar 202007,31730.341.86$13,582
Feb 202006,25149.881.98$12,381
Jan 2020876,65257.252.09$18,915
Dec 201906,00459.012.30$13,835
Nov 201906,43055.302.75$17,687
Oct 2019286,76453.472.42$17,856
Sep 201906,61555.052.66$17,578
Aug 2019884,96653.112.30$16,117
Jul 201905,02156.272.46$12,352
Jun 201902,50152.782.49$6,230
May 201902,30458.482.74$6,314
Apr 201904,60962.632.75$12,678
Mar 2019934,31856.803.06$18,505
Feb 201904,13850.852.79$11,554
Jan 2019904,68246.033.23$19,257
Dec 201864,92646.594.19$20,897
Nov 2018844,72552.934.24$24,467
Oct 201804,30161.443.40$14,615
Sep 2018033359.543.11$1,035
Aug 201805759.403.07$175
Jul 2018353065.142.93$2,368
Jun 20183360.183.08$190
May 20180965.382.90$26
Apr 20180063.842.90$0
Mar 2018544861.222.79$3,440
Feb 201802,40461.782.77$6,650
Jan 201874,45062.874.01$18,282
Dec 201774,44457.272.92$13,384
Nov 201704,59355.423.12$14,323
Oct 201724,88149.292.98$14,662
Sep 201774,72547.523.09$14,920
Aug 201704,94845.373.00$14,866
Jul 2017185,08543.873.09$16,488
Jun 201703,40142.493.09$10,500
May 2017125,01445.373.26$16,907
Apr 201704,41647.933.21$14,182
Mar 201744,20346.772.98$12,727
Feb 201713,93050.452.95$11,654
Jan 2017173,44849.413.42$12,628
Dec 2016254,00148.763.72$16,114
Nov 2016193,98842.492.64$11,353
Oct 201654,29946.193.09$13,516
Sep 2016144,58341.553.10$14,792
Aug 201604,67041.442.92$13,657
Jul 2016244,35141.622.92$13,723
Jun 2016164,42545.352.69$12,610
May 2016234,67742.521.99$10,290
Apr 201644,97436.561.99$10,050
Mar 201614,95233.011.79$8,917
Feb 201673,83226.472.06$8,093
Jan 201674,31027.352.36$10,382
Dec 2015104,95532.362.00$10,241
Nov 201515,43038.792.17$11,807
Oct 201505,81343.552.43$14,106
Sep 201515,81042.992.76$16,069
Aug 201505,65540.162.87$16,244
Jul 201505,16748.152.95$15,217
Jun 201515,06256.152.88$14,649
May 201534,47055.212.96$13,376
Apr 2015284,83949.822.71$14,492
Mar 2015274,36142.892.93$13,956
Feb 201505,79444.662.98$17,244
Jan 2015224,85443.433.10$16,006
Dec 2014144,72454.693.59$17,731
Nov 201474,39670.464.25$19,184
Oct 201414,29878.303.90$16,845
Sep 2014114,23286.164.05$18,068
Aug 2014214,24389.394.04$18,998
Jul 201404,27896.564.18$17,880
Jun 201413,84598.164.74$18,311
May 201404,50894.734.73$21,307
Apr 201403,41395.944.81$16,414
Mar 2014097695.895.06$4,935
Feb 20141097.406.19$97
Jan 20140190.404.86$5
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201301397.423.78$49
Sep 2013054104.113.72$201
Aug 201300104.253.52$0
Jul 20131281,327102.523.72$18,056
Jun 20130094.403.93$0
May 20130894.834.15$33
Apr 201302,35393.964.28$10,077
Mar 201306,50993.623.91$25,469
Feb 201306,09491.233.42$20,841
Jan 201308,50891.603.42$29,097
Dec 201203,74686.773.42$12,812
Nov 201204,33286.953.62$15,703
Oct 20121836,64289.383.40$38,937
Sep 201207,03894.672.92$20,540
Aug 201207,60792.662.91$22,122
Jul 201207,78285.133.02$23,508
Jun 201207,69779.822.52$19,389
May 201208,00091.612.49$19,907
Apr 201207,894101.652.00$15,763
Mar 201208,213105.052.22$18,250
Feb 201207,841101.102.57$20,153
Jan 201208,69198.092.73$23,762
Dec 201109,11596.873.24$29,530
Nov 201109,28095.723.31$30,729
Oct 201109,98984.983.65$36,445
Sep 20111957,54983.623.99$46,395
Aug 201108,25883.404.15$34,265
Jul 201109,09094.144.52$41,062
Jun 201108,54792.904.64$39,657
May 20111768,90298.134.40$56,483
Apr 201108,527105.964.33$36,950
Mar 201109,65896.364.06$39,186
Feb 201119,06185.644.18$37,960
Jan 201119810,61986.504.59$65,855
Dec 2010211,26985.734.35$49,166
Nov 2010111,10280.843.80$42,217
Oct 201016911,79878.103.51$54,597
Sep 2010011,70972.633.98$46,596
Aug 2010211,64873.684.42$51,624
Jul 201019212,99772.554.74$75,490
Jun 2010413,85270.364.91$68,300
May 201018715,06771.124.24$77,112
Apr 2010018,24481.694.12$75,214
Mar 201018221,25878.394.39$107,561
Feb 2010524,51073.585.44$133,760
Jan 20101533,01374.365.96$198,008
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
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
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$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                5,000 Mcf  × $  3.05 =    $15,229

────────────────────────────────────────────────────
Month total                                  $15,229

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/245068 is the state's own key, not one this site invented.