PROPS FINDLEY A 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 245069District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Jan 2008 – May 2026
Value, last 12 filed months
$352 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
CondensateDisposition3,706 bbl$301,705
GasProduction2,319,933 Mcf$8,567,895
Total$8,869,600

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 202607,881106.413.05$24,004
Apr 202607,23098.932.87$20,748
Mar 202607,46789.753.15$23,517
Feb 202636,81563.503.75$25,749
Jan 2026437,61959.138.00$63,479
Dec 2025157,46456.664.41$33,791
Nov 202507,67858.593.93$30,147
Oct 202508,14559.383.30$26,918
Sep 202507,80762.743.08$24,022
Aug 2025148,05863.933.01$25,188
Jul 2025358,27366.743.32$29,763
Jun 202507,94866.483.13$24,867
May 202508,27160.553.23$26,735
Apr 202558,09362.363.54$28,986
Mar 2025698,28267.704.27$40,022
Feb 202507,42670.884.34$32,235
Jan 202508,25274.324.28$35,308
Dec 202408,15568.993.12$25,455
Nov 2024218,11069.052.20$19,279
Oct 2024688,45471.372.28$24,140
Sep 202408,37269.612.36$19,794
Aug 2024138,23075.632.06$17,967
Jul 2024688,39879.932.15$23,462
Jun 202408,35578.082.63$22,007
May 202407,98678.812.20$17,557
Apr 202407,78384.451.66$12,914
Mar 202408,45380.301.55$13,061
Feb 202408,10676.091.78$14,458
Jan 202408,85773.023.30$29,207
Dec 202308,75971.262.61$22,867
Nov 202307,99277.892.81$22,438
Oct 202308,34085.443.09$25,748
Sep 202308,06689.042.74$22,061
Aug 20231988,36080.522.67$38,288
Jul 202308,22474.852.64$21,726
Jun 202307,63168.962.26$17,234
May 202308,38470.622.23$18,675
Apr 202308,12478.122.24$18,180
Mar 202308,40672.852.39$20,117
Feb 202317,51675.112.47$18,607
Jan 202307,65576.533.39$25,933
Dec 202208,39176.415.73$48,073
Nov 202206,52685.005.65$36,847
Oct 202207,86387.185.86$46,107
Sep 202208,37384.888.16$68,354
Aug 202208,65994.529.13$79,032
Jul 202207,793101.587.54$58,775
Jun 202208,097115.097.98$64,591
May 202208,438109.378.43$71,158
Apr 202208,491104.226.84$58,058
Mar 202208,878108.885.08$45,068
Feb 202207,53291.054.86$36,597
Jan 202208,50481.844.54$38,588
Dec 202108,99571.323.90$35,073
Nov 202108,91777.435.24$46,697
Oct 202109,38179.795.71$53,602
Sep 202108,37669.865.35$44,819
Aug 202109,38366.024.22$39,602
Jul 202109,23970.783.98$36,790
Jun 202109,04469.493.38$30,574
May 202109,11863.483.02$27,515
Apr 2021189,29460.362.76$26,723
Mar 202109,97261.302.72$27,093
Feb 202109,19257.805.55$50,997
Jan 202109,90650.412.81$27,839
Dec 202008,77744.642.68$23,483
Nov 202006,28838.772.71$17,019
Oct 202005,98236.972.48$14,826
Sep 202008,55237.091.99$17,027
Aug 202008,84839.982.39$21,103
Jul 202008,74238.371.83$15,955
Jun 202008,60834.901.69$14,550
May 202009,23516.921.81$16,759
Apr 202009,75314.751.80$17,598
Mar 202009,19630.341.86$17,070
Feb 202008,48449.881.98$16,804
Jan 202009,39057.252.09$19,670
Dec 201909,71659.012.30$22,389
Nov 201909,59255.302.75$26,385
Oct 2019010,37653.472.42$25,095
Sep 201907,96855.052.66$21,173
Aug 201908,21253.112.30$18,923
Jul 201907,15556.272.46$17,602
Jun 201907,87052.782.49$19,606
May 201908,84758.482.74$24,244
Apr 201908,56662.632.75$23,563
Mar 201908,93256.803.06$27,351
Feb 201907,44850.852.79$20,796
Jan 201908,69446.033.23$28,066
Dec 2018108,26846.594.19$35,071
Nov 201808,73552.934.24$37,012
Oct 201808,97761.443.40$30,505
Sep 201808,42859.543.11$26,194
Aug 201808,36659.403.07$25,655
Jul 201808,50165.142.93$24,924
Jun 201808,37660.183.08$25,772
May 201808,41565.382.90$24,410
Apr 201808,09663.842.90$23,485
Mar 201878,58161.222.79$24,342
Feb 201808,19961.782.77$22,679
Jan 201869,45762.874.01$38,293
Dec 201708,74057.272.92$25,534
Nov 201708,28555.423.12$25,836
Oct 201709,75049.292.98$29,091
Sep 201768,90047.523.09$27,762
Aug 201708,27245.373.00$24,852
Jul 201709,45143.873.09$29,178
Jun 201708,22242.493.09$25,384
May 201768,43045.373.26$27,783
Apr 201708,20747.933.21$26,358
Mar 201718,24546.772.98$24,647
Feb 201708,14250.452.95$24,040
Jan 201748,89149.413.42$30,594
Dec 201608,32148.763.72$30,978
Nov 201608,05942.492.64$21,311
Oct 201648,16746.193.09$25,423
Sep 201607,89541.553.10$24,479
Aug 201608,42341.442.92$24,632
Jul 201638,55341.622.92$25,137
Jun 201608,30445.352.69$22,303
May 201608,57242.521.99$17,067
Apr 201638,45036.561.99$16,934
Mar 201609,04933.011.79$16,234
Feb 201658,80826.472.06$18,309
Jan 2016010,36727.352.36$24,511
Dec 2015510,79532.362.00$21,767
Nov 201509,88538.792.17$21,424
Oct 201509,85343.552.43$23,909
Sep 201509,14042.992.76$25,212
Aug 201509,20540.162.87$26,441
Jul 201509,26148.152.95$27,274
Jun 201509,07756.152.88$26,168
May 20151329,39055.212.96$35,039
Apr 201519,12549.822.71$24,747
Mar 201509,70242.892.93$28,473
Feb 201509,10944.662.98$27,110
Jan 201509,78843.433.10$30,349
Dec 2014010,23354.693.59$36,750
Nov 201409,95770.464.25$42,336
Oct 2014010,00378.303.90$39,021
Sep 2014010,03686.164.05$40,600
Aug 201409,06589.394.04$36,578
Jul 201409,45696.564.18$39,522
Jun 2014878,62098.164.74$49,372
May 201408,73894.734.73$41,301
Apr 201409,30595.944.81$44,749
Mar 201409,63795.895.06$48,732
Feb 20141909,92697.406.19$79,968
Jan 2014011,50690.404.86$55,927
Dec 2013011,60891.824.35$50,547
Nov 2013011,33288.853.74$42,362
Oct 2013011,75197.423.78$44,411
Sep 2013011,988104.113.72$44,568
Aug 2013015,352104.253.52$54,079
Jul 201319116,236102.523.72$79,943
Jun 2013016,29794.403.93$64,103
May 2013011,83394.834.15$49,096
Apr 2013013,19393.964.28$56,500
Mar 2013012,78193.623.91$50,010
Feb 2013010,83191.233.42$37,041
Jan 2013014,30191.603.42$48,908
Dec 201217115,20286.773.42$66,831
Nov 2012015,27086.953.62$55,353
Oct 2012016,32589.383.40$55,500
Sep 2012014,71394.672.92$42,938
Aug 2012015,00592.662.91$43,637
Jul 2012015,22385.133.02$45,986
Jun 2012014,56679.822.52$36,692
May 201212915,08391.612.49$49,349
Apr 2012014,342101.652.00$28,638
Mar 2012015,036105.052.22$33,411
Feb 2012015,154101.102.57$38,949
Jan 2012018,56098.092.73$50,745
Dec 201117216,31396.873.24$69,512
Nov 2011014,39295.723.31$47,656
Oct 2011013,80284.983.65$50,357
Sep 2011026,61283.623.99$106,070
Aug 2011021,61583.404.15$89,688
Jul 2011012,02094.144.52$54,297
Jun 2011020,16792.904.64$93,572
May 2011019,89398.134.40$87,625
Apr 201118121,313105.964.33$111,534
Mar 2011022,77196.364.06$92,390
Feb 20117121,81185.644.18$97,250
Jan 201117424,56186.504.59$127,756
Dec 2010225,19085.734.35$109,691
Nov 201019925,31780.843.80$112,174
Oct 2010127,54178.103.51$96,716
Sep 2010327,80772.633.98$110,875
Aug 201018427,47273.684.42$134,966
Jul 2010332,60772.554.74$154,660
Jun 201018034,16270.364.91$180,414
May 2010137,82271.124.24$160,256
Apr 201019545,55581.694.12$203,739
Mar 201019553,93478.394.39$251,985
Feb 201020659,85373.585.44$340,899
Jan 201040762,68974.365.96$404,147
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                7,881 Mcf  × $  3.05 =    $24,004

────────────────────────────────────────────────────
Month total                                  $24,004

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/245069 is the state's own key, not one this site invented.