TRWD II 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 245298District 09Field 65280200CondensateGasSaveExport
Value, all time
$19.7 M
May 2008 – May 2026
Value, last 12 filed months
$295 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
GasProduction4,299,610 Mcf$19,730,163
Total$19,730,233

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 202606,853106.413.05$20,873
Apr 202607,26898.932.87$20,857
Mar 202608,41489.753.15$26,499
Feb 202606,30263.503.75$23,635
Jan 202606,88959.138.00$55,098
Dec 202506,71456.664.41$29,631
Nov 2025053558.593.93$2,101
Oct 202503,30359.383.30$10,916
Sep 202508,41762.743.08$25,898
Aug 202507,53463.933.01$22,713
Jul 202509,21166.743.32$30,536
Jun 202508,49866.483.13$26,588
May 202509,34360.553.23$30,200
Apr 202508,03162.363.54$28,455
Mar 202508,86667.704.27$37,843
Feb 202507,91270.884.34$34,345
Jan 202509,03974.324.28$38,675
Dec 202409,46968.993.12$29,556
Nov 202409,10669.052.20$20,019
Oct 202409,42171.372.28$21,493
Sep 202409,16769.612.36$21,674
Aug 202409,48875.632.06$19,580
Jul 202409,20679.932.15$19,762
Jun 202409,70278.082.63$25,555
May 2024010,42278.812.20$22,912
Apr 202409,91684.451.66$16,453
Mar 202408,61580.301.55$13,311
Feb 202408,24376.091.78$14,703
Jan 202409,24973.023.30$30,500
Dec 202308,49871.262.61$22,186
Nov 202307,40677.892.81$20,793
Oct 202306,82785.443.09$21,077
Sep 202301,83289.042.74$5,011
Aug 20230080.522.67$0
Jul 202302,80074.852.64$7,397
Jun 202308,10368.962.26$18,300
May 202308,15470.622.23$18,162
Apr 202307,83678.122.24$17,535
Mar 202308,82672.852.39$21,122
Feb 202307,55075.112.47$18,616
Jan 202308,58376.533.39$29,077
Dec 202208,98176.415.73$51,453
Nov 202207,12885.005.65$40,246
Oct 202206,93787.185.86$40,677
Sep 202207,59184.888.16$61,970
Aug 2022010,52194.529.13$96,027
Jul 202202,081101.587.54$15,695
Jun 202206,792115.097.98$54,181
May 202205,913109.378.43$49,865
Apr 202207,479104.226.84$51,138
Mar 202201,988108.885.08$10,092
Feb 202208,27691.054.86$40,212
Jan 2022011,03581.844.54$50,073
Dec 2021011,05271.323.90$43,093
Nov 2021010,58377.435.24$55,422
Oct 2021011,09779.795.71$63,407
Sep 2021110,86669.865.35$58,213
Aug 2021011,21666.024.22$47,338
Jul 2021011,88070.783.98$47,307
Jun 2021011,29869.493.38$38,194
May 2021011,79063.483.02$35,578
Apr 202108,69960.362.76$23,996
Mar 202103,80861.302.72$10,346
Feb 202104,38957.805.55$24,350
Jan 2021011,62550.412.81$32,669
Dec 2020011,70644.642.68$31,319
Nov 2020011,35538.772.71$30,733
Oct 2020011,46236.972.48$28,408
Sep 202007,36937.091.99$14,672
Aug 2020094539.982.39$2,254
Jul 202003,64538.371.83$6,653
Jun 202002,42534.901.69$4,099
May 202005,49216.921.81$9,967
Apr 2020010,78414.751.80$19,458
Mar 2020011,05230.341.86$20,515
Feb 202008,88349.881.98$17,594
Jan 2020010,80357.252.09$22,629
Dec 2019011,52959.012.30$26,567
Nov 201909,69555.302.75$26,668
Oct 2019011,41353.472.42$27,603
Sep 2019010,85355.052.66$28,839
Aug 2019010,68253.112.30$24,615
Jul 2019011,48256.272.46$28,246
Jun 201909,88852.782.49$24,633
May 2019012,00858.482.74$32,906
Apr 2019011,99162.632.75$32,984
Mar 2019011,60156.803.06$35,523
Feb 201908,08950.852.79$22,586
Jan 201908,53046.033.23$27,536
Dec 201808,78346.594.19$36,761
Nov 201807,88552.934.24$33,411
Oct 201804,33861.443.40$14,741
Sep 2018012,48959.543.11$38,816
Aug 2018013,03059.403.07$39,957
Jul 2018012,43265.142.93$36,449
Jun 2018012,01960.183.08$36,982
May 2018012,73765.382.90$36,947
Apr 2018012,65063.842.90$36,695
Mar 2018013,68161.222.79$38,127
Feb 2018010,52061.782.77$29,100
Jan 2018011,18162.874.01$44,828
Dec 2017013,18857.272.92$38,529
Nov 2017015,07955.423.12$47,022
Oct 2017015,73449.292.98$46,945
Sep 2017012,46147.523.09$38,471
Aug 201704,86545.373.00$14,616
Jul 2017066543.873.09$2,053
Jun 2017031042.493.09$957
May 201704,82645.373.26$15,749
Apr 2017011,46547.933.21$36,821
Mar 2017011,61646.772.98$34,658
Feb 2017011,46950.452.95$33,863
Jan 2017013,72649.413.42$46,926
Dec 2016014,00848.763.72$52,149
Nov 2016013,79242.492.64$36,471
Oct 2016014,22546.193.09$43,959
Sep 2016014,77841.553.10$45,821
Aug 2016014,91841.442.92$43,625
Jul 20160041.622.92$0
Jun 201601345.352.69$35
May 201606,59242.521.99$13,125
Apr 201605,25536.561.99$10,463
Mar 20160333.011.79$5
Feb 201602,09626.472.06$4,325
Jan 2016021,56827.352.36$50,995
Dec 2015023,75332.362.00$47,539
Nov 2015018,33138.792.17$39,729
Oct 2015016,23643.552.43$39,398
Sep 2015017,02642.992.76$46,965
Aug 2015019,77940.162.87$56,815
Jul 2015022,04448.152.95$64,921
Jun 2015021,66156.152.88$62,446
May 2015021,20855.212.96$62,679
Apr 2015021,00849.822.71$56,860
Mar 2015021,72042.892.93$63,742
Feb 2015018,90544.662.98$56,265
Jan 2015022,20843.433.10$68,859
Dec 2014022,03854.693.59$79,146
Nov 2014021,76470.464.25$92,537
Oct 2014020,50478.303.90$79,985
Sep 2014020,89886.164.05$84,542
Aug 2014018,11689.394.04$73,100
Jul 2014019,07096.564.18$79,705
Jun 2014017,08498.164.74$80,925
May 2014016,53094.734.73$78,130
Apr 2014014,26695.944.81$68,607
Mar 2014013,62195.895.06$68,879
Feb 2014015,07097.406.19$93,313
Jan 2014015,82590.404.86$76,921
Dec 2013020,60491.824.35$89,720
Nov 2013022,35588.853.74$83,569
Oct 2013024,01197.423.78$90,746
Sep 2013022,970104.113.72$85,396
Aug 2013025,045104.253.52$88,224
Jul 2013025,585102.523.72$95,118
Jun 2013025,57094.403.93$100,577
May 2013025,68294.834.15$106,557
Apr 2013025,63493.964.28$109,780
Mar 2013026,82893.623.91$104,974
Feb 2013025,05791.233.42$85,693
Jan 2013028,03191.603.42$95,864
Dec 2012028,03786.773.42$95,891
Nov 2012027,31386.953.62$99,009
Oct 2012028,72689.383.40$97,659
Sep 2012027,48994.672.92$80,224
Aug 2012022,04992.662.91$64,122
Jul 2012013,52185.133.02$40,844
Jun 2012021,27479.822.52$53,590
May 2012028,16791.612.49$70,089
Apr 2012028,337101.652.00$56,583
Mar 2012029,759105.052.22$66,127
Feb 2012028,180101.102.57$72,429
Jan 2012030,87298.092.73$84,407
Dec 2011032,25396.873.24$104,491
Nov 2011031,95095.723.31$105,795
Oct 2011017084.983.65$620
Sep 2011019,39283.623.99$77,293
Aug 2011033,34583.404.15$138,359
Jul 2011034,28194.144.52$154,856
Jun 2011033,19392.904.64$154,012
May 2011032,68598.134.40$143,972
Apr 2011032,521105.964.33$140,923
Mar 2011033,65296.364.06$136,538
Feb 2011031,84285.644.18$133,099
Jan 2011036,78686.504.59$168,803
Dec 2010036,86485.734.35$160,275
Nov 2010036,88380.843.80$139,983
Oct 2010041,06378.103.51$144,086
Sep 2010041,11072.633.98$163,596
Aug 2010039,61773.684.42$175,082
Jul 2010043,01672.554.74$203,745
Jun 2010041,18770.364.91$202,245
May 2010042,50671.124.24$180,022
Apr 2010041,51481.694.12$171,149
Mar 2010043,75378.394.39$192,017
Feb 2010040,58173.585.44$220,856
Jan 2010046,22174.365.96$275,666
Dec 2009047,23771.445.48$259,036
Nov 2009046,75574.593.75$175,401
Oct 2009050,16872.544.11$206,203
Sep 2009046,74265.543.06$143,253
Aug 2009050,06767.423.22$161,141
Jul 2009048,40561.133.46$167,699
Jun 2009052,34766.163.90$203,892
May 2009052,79554.743.93$207,260
Apr 2009055,13346.773.59$197,790
Mar 2009057,99742.144.06$235,410
Feb 2009053,71832.814.63$248,875
Jan 2009061,59835.865.37$330,843
Dec 2008065,82237.105.98$393,427
Nov 2008066,31655.496.86$454,952
Oct 2008075,73375.246.92$524,222
Sep 2008078,514101.767.88$618,462
Aug 2008089,277114.228.48$757,339
Jul 20080100,042131.0811.39$1,139,421
Jun 20080114,080131.3313.03$1,486,762
May 2008078,066123.1711.57$903,559

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                6,853 Mcf  × $  3.05 =    $20,873

────────────────────────────────────────────────────
Month total                                  $20,873

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/245298 is the state's own key, not one this site invented.