MCGUFFIN 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 245071District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Jan 2008 – May 2026
Value, last 12 filed months
$151 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
CondensateDisposition3,060 bbl$226,058
GasProduction1,332,807 Mcf$4,936,026
Total$5,162,083

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 202603,281106.413.05$9,993
Apr 202602,98798.932.87$8,572
Mar 202603,15489.753.15$9,933
Feb 202622,88363.503.75$10,939
Jan 2026293,20359.138.00$27,332
Dec 2025113,21256.664.41$14,799
Nov 202503,20258.593.93$12,572
Oct 202503,45959.383.30$11,431
Sep 202503,33862.743.08$10,271
Aug 202583,51463.933.01$11,105
Jul 2025203,54266.743.32$13,077
Jun 202503,43966.483.13$10,760
May 202503,58360.553.23$11,581
Apr 202543,48462.363.54$12,594
Mar 2025573,60967.704.27$19,263
Feb 202503,34970.884.34$14,537
Jan 202503,49674.324.28$14,958
Dec 202403,57568.993.12$11,159
Nov 202403,41969.052.20$7,516
Oct 202403,85371.372.28$8,790
Sep 202403,76169.612.36$8,892
Aug 202493,88375.632.06$8,694
Jul 2024443,86679.932.15$11,816
Jun 202403,57478.082.63$9,414
May 202403,70878.812.20$8,152
Apr 202403,61084.451.66$5,990
Mar 202403,74980.301.55$5,793
Feb 202403,58376.091.78$6,391
Jan 202403,97273.023.30$13,098
Dec 202303,86371.262.61$10,085
Nov 202303,74077.892.81$10,500
Oct 202303,83385.443.09$11,834
Sep 202303,76089.042.74$10,284
Aug 202303,93480.522.67$10,515
Jul 202303,96774.852.64$10,480
Jun 202303,89768.962.26$8,801
May 202304,00370.622.23$8,916
Apr 202303,78078.122.24$8,459
Mar 202303,86372.852.39$9,245
Feb 202303,54175.112.47$8,731
Jan 202303,82976.533.39$12,972
Dec 202204,29676.415.73$24,612
Nov 202204,37885.005.65$24,719
Oct 202204,45187.185.86$26,100
Sep 202204,10584.888.16$33,512
Aug 202202,26594.529.13$20,673
Jul 20221804,181101.587.54$49,818
Jun 202203,960115.097.98$31,590
May 202204,230109.378.43$35,672
Apr 202204,025104.226.84$27,521
Mar 202204,142108.885.08$21,026
Feb 202203,29691.054.86$16,015
Jan 202203,85181.844.54$17,475
Dec 202104,04071.323.90$15,752
Nov 202103,90977.435.24$20,471
Oct 202104,15979.795.71$23,764
Sep 202103,93969.865.35$21,077
Aug 202104,08166.024.22$17,224
Jul 202104,14870.783.98$16,518
Jun 202103,88269.493.38$13,124
May 2021393,94663.483.02$14,383
Apr 202104,06360.362.76$11,207
Mar 202104,28761.302.72$11,648
Feb 202103,75657.805.55$20,838
Jan 202104,30150.412.81$12,087
Dec 202004,32944.642.68$11,582
Nov 202004,11638.772.71$11,140
Oct 202004,68336.972.48$11,606
Sep 202004,63737.091.99$9,232
Aug 202004,72139.982.39$11,260
Jul 202004,75038.371.83$8,669
Jun 202004,53534.901.69$7,666
May 202004,82416.921.81$8,754
Apr 20201804,74014.751.80$11,208
Mar 202004,94430.341.86$9,177
Feb 202004,68249.881.98$9,274
Jan 202004,78657.252.09$10,025
Dec 201904,80959.012.30$11,082
Nov 201904,66455.302.75$12,829
Oct 201905,01253.472.42$12,122
Sep 201904,78555.052.66$12,715
Aug 201904,97653.112.30$11,467
Jul 201904,63556.272.46$11,402
Jun 201904,50252.782.49$11,215
May 201904,76358.482.74$13,052
Apr 201904,64362.632.75$12,772
Mar 201904,84356.803.06$14,830
Feb 201904,31850.852.79$12,057
Jan 20191864,56546.033.23$23,298
Dec 201874,57346.594.19$19,466
Nov 201804,70952.934.24$19,953
Oct 201804,99661.443.40$16,977
Sep 201804,86259.543.11$15,111
Aug 201804,97759.403.07$15,262
Jul 201804,97565.142.93$14,586
Jun 201804,70760.183.08$14,483
May 201805,09465.382.90$14,777
Apr 20181884,97063.842.90$26,419
Mar 201865,32361.222.79$15,202
Feb 201804,97361.782.77$13,756
Jan 201865,59062.874.01$22,789
Dec 201705,40157.272.92$15,779
Nov 201705,42755.423.12$16,923
Oct 201705,88049.292.98$17,544
Sep 201755,38147.523.09$16,850
Aug 201704,47345.373.00$13,439
Jul 201704,97043.873.09$15,344
Jun 201704,76442.493.09$14,708
May 201765,25245.373.26$17,412
Apr 201705,20547.933.21$16,716
Mar 201705,05046.772.98$15,068
Feb 201704,26850.452.95$12,602
Jan 201745,63249.413.42$19,452
Dec 2016565,78248.763.72$24,256
Nov 201605,63642.492.64$14,904
Oct 201645,87646.193.09$18,343
Sep 201605,89641.553.10$18,281
Aug 201606,24041.442.92$18,248
Jul 201636,04341.622.92$17,797
Jun 201606,04345.352.69$16,230
May 201606,32842.521.99$12,599
Apr 201636,21936.561.99$12,492
Mar 201606,46433.011.79$11,596
Feb 201655,90126.472.06$12,310
Jan 201606,53527.352.36$15,451
Dec 201566,65832.362.00$13,520
Nov 201506,24738.792.17$13,539
Oct 201506,51043.552.43$15,797
Sep 201506,50842.992.76$17,952
Aug 201506,84240.162.87$19,654
Jul 201506,85448.152.95$20,186
Jun 2015896,78056.152.88$24,543
May 201506,74055.212.96$19,920
Apr 201516,02149.822.71$16,346
Mar 201506,56742.892.93$19,272
Feb 201505,88744.662.98$17,521
Jan 201505,83543.433.10$18,092
Dec 201406,27454.693.59$22,532
Nov 201406,10170.464.25$25,940
Oct 201406,10478.303.90$23,811
Sep 201406,53186.164.05$26,421
Aug 20141046,97489.394.04$37,437
Jul 201407,09296.564.18$29,642
Jun 201406,79098.164.74$32,163
May 201406,92094.734.73$32,708
Apr 201406,80395.944.81$32,716
Mar 201406,62995.895.06$33,522
Feb 201406,18397.406.19$38,285
Jan 201406,46790.404.86$31,434
Dec 201306,60991.824.35$28,779
Nov 201306,27888.853.74$23,469
Oct 201305,52097.423.78$20,862
Sep 201305,271104.113.72$19,596
Aug 201303,448104.253.52$12,146
Jul 201303102.523.72$11
Jun 20131726694.403.93$16,496
May 201301,36794.834.15$5,672
Apr 201308,88693.964.28$38,055
Mar 201309,00593.623.91$35,235
Feb 201308,66791.233.42$29,640
Jan 201308,96191.603.42$30,646
Dec 201206,27386.773.42$21,455
Nov 201209,49586.953.62$34,419
Oct 201209,87989.383.40$33,585
Sep 20121849,69094.672.92$45,699
Aug 2012010,26792.662.91$29,858
Jul 2012010,53985.133.02$31,836
Jun 2012010,16879.822.52$25,614
May 2012010,43391.612.49$25,961
Apr 2012010,030101.652.00$20,028
Mar 2012010,633105.052.22$23,627
Feb 201209,398101.102.57$24,155
Jan 2012979,82098.092.73$36,363
Dec 2011010,09296.873.24$32,695
Nov 201109,62695.723.31$31,874
Oct 201109,82384.983.65$35,840
Sep 2011010,73883.623.99$42,800
Aug 201109,26683.404.15$38,448
Jul 2011010,79194.144.52$48,746
Jun 2011012,59992.904.64$58,458
May 201119513,49298.134.40$78,565
Apr 2011013,981105.964.33$60,584
Mar 2011015,04896.364.06$61,055
Feb 2011014,25785.644.18$59,594
Jan 201119916,50586.504.59$92,951
Dec 2010017,14485.734.35$74,538
Nov 2010017,24580.843.80$65,450
Oct 2010018,69778.103.51$65,606
Sep 201019518,57172.633.98$88,066
Aug 2010318,06573.684.42$80,057
Jul 2010319,96672.554.74$94,786
Jun 2010521,07070.364.91$103,814
May 201017423,06171.124.24$110,043
Apr 2010027,41381.694.12$113,015
Mar 201017432,24178.394.39$155,135
Feb 201018637,68973.585.44$218,803
Jan 201021148,73874.365.96$306,368
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                3,281 Mcf  × $  3.05 =     $9,993

────────────────────────────────────────────────────
Month total                                   $9,993

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/245071 is the state's own key, not one this site invented.