CARTER

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 245303District 09Field 65280200CondensateGasSaveExport
Value, all time
$19.5 M
Dec 2008 – May 2026
Value, last 12 filed months
$304 k
at the published price for each month
Months reported
210
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
CondensateDisposition8 bbl$693
GasProduction5,233,037 Mcf$19,457,233
Total$19,457,927

Every month this lease reported (210)

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

210 months

May 202606,927106.413.05$21,099
Apr 202606,90698.932.87$19,818
Mar 202607,32889.753.15$23,079
Feb 202604,25263.503.75$15,946
Jan 202604,71759.138.00$37,726
Dec 202506,57056.664.41$28,996
Nov 202505,30258.593.93$20,818
Oct 202508,25259.383.30$27,272
Sep 202507,74162.743.08$23,818
Aug 202508,84163.933.01$26,653
Jul 202509,40566.743.32$31,179
Jun 202508,90066.483.13$27,846
May 202509,54360.553.23$30,846
Apr 202509,43562.363.54$33,429
Mar 202509,32367.704.27$39,794
Feb 202507,82370.884.34$33,958
Jan 202509,41974.324.28$40,301
Dec 2024010,20268.993.12$31,844
Nov 202409,76069.052.20$21,457
Oct 2024010,45971.372.28$23,861
Sep 2024010,68969.612.36$25,273
Aug 2024011,57475.632.06$23,884
Jul 2024011,90579.932.15$25,555
Jun 2024011,66278.082.63$30,717
May 2024011,48478.812.20$25,247
Apr 2024010,66884.451.66$17,700
Mar 2024011,17480.301.55$17,265
Feb 2024010,29176.091.78$18,355
Jan 202409,35573.023.30$30,850
Dec 202309,69671.262.61$25,314
Nov 2023010,54277.892.81$29,597
Oct 202305,52585.443.09$17,057
Sep 202307,61689.042.74$20,830
Aug 202309,57080.522.67$25,579
Jul 2023010,48474.852.64$27,697
Jun 202309,73068.962.26$21,975
May 2023011,00970.622.23$24,521
Apr 202309,29078.122.24$20,789
Mar 2023010,85172.852.39$25,968
Feb 2023011,37175.112.47$28,037
Jan 2023011,09576.533.39$37,587
Dec 2022011,78876.415.73$67,534
Nov 2022011,52985.005.65$65,095
Oct 2022010,66187.185.86$62,514
Sep 2022012,15184.888.16$99,197
Aug 202209,07494.529.13$82,820
Jul 202208,868101.587.54$66,883
Jun 202209,545115.097.98$76,142
May 2022210,456109.378.43$88,395
Apr 202219,780104.226.84$66,976
Mar 202209,527108.885.08$48,363
Feb 202218,95691.054.86$43,607
Jan 202209,56981.844.54$43,421
Dec 2021010,21771.323.90$39,837
Nov 202109,36477.435.24$49,038
Oct 202109,36879.795.71$53,528
Sep 202147,38769.865.35$39,807
Aug 202107,95466.024.22$33,571
Jul 2021010,95670.783.98$43,628
Jun 2021010,67369.493.38$36,081
May 2021011,97663.483.02$36,140
Apr 2021012,37660.362.76$34,138
Mar 2021013,07361.302.72$35,519
Feb 2021011,54457.805.55$64,046
Jan 2021013,60750.412.81$38,239
Dec 2020013,58844.642.68$36,354
Nov 2020012,97838.772.71$35,126
Oct 2020013,15436.972.48$32,601
Sep 2020013,04737.091.99$25,977
Aug 2020013,67439.982.39$32,614
Jul 2020014,06138.371.83$25,663
Jun 2020013,85934.901.69$23,426
May 2020012,75416.921.81$23,145
Apr 2020013,51714.751.80$24,390
Mar 2020013,98630.341.86$25,961
Feb 2020013,66749.881.98$27,070
Jan 2020014,86557.252.09$31,138
Dec 2019015,15359.012.30$34,918
Nov 2019014,45555.302.75$39,761
Oct 2019015,66553.472.42$37,886
Sep 2019015,28055.052.66$40,603
Aug 2019016,04253.112.30$36,967
Jul 2019016,38356.272.46$40,303
Jun 2019016,35752.782.49$40,749
May 2019017,14258.482.74$46,975
Apr 2019015,53362.632.75$42,727
Mar 2019016,69956.803.06$51,134
Feb 2019015,44550.852.79$43,126
Jan 2019012,62246.033.23$40,746
Dec 2018017,35546.594.19$72,638
Nov 2018014,84552.934.24$62,902
Oct 2018016,61661.443.40$56,463
Sep 2018016,34359.543.11$50,794
Aug 2018019,28659.403.07$59,142
Jul 2018017,52465.142.93$51,378
Jun 2018017,08460.183.08$52,566
May 2018017,14565.382.90$49,734
Apr 2018018,28963.842.90$53,053
Mar 2018019,61461.222.79$54,661
Feb 2018016,39661.782.77$45,353
Jan 2018018,08062.874.01$72,489
Dec 2017019,17257.272.92$56,011
Nov 2017017,99255.423.12$56,106
Oct 2017015,24049.292.98$45,471
Sep 2017013,48147.523.09$41,620
Aug 2017015,34745.373.00$46,109
Jul 2017015,84643.873.09$48,921
Jun 2017014,54042.493.09$44,889
May 2017014,24245.373.26$46,477
Apr 2017013,71347.933.21$44,041
Mar 2017014,23046.772.98$42,458
Feb 2017012,26050.452.95$36,199
Jan 2017013,83449.413.42$47,296
Dec 2016013,76448.763.72$51,241
Nov 2016010,80542.492.64$28,572
Oct 201605,74246.193.09$17,744
Sep 2016011,29841.553.10$35,031
Aug 2016013,13041.442.92$38,397
Jul 2016013,15341.622.92$38,464
Jun 2016013,13245.352.69$35,270
May 2016014,67442.521.99$29,217
Apr 2016014,54836.561.99$28,966
Mar 2016018,95233.011.79$34,000
Feb 2016013,54626.472.06$27,954
Jan 2016019,11327.352.36$45,190
Dec 2015021,76232.362.00$43,555
Nov 2015018,54238.792.17$40,187
Oct 2015023,97543.552.43$58,177
Sep 2015020,81642.992.76$57,419
Aug 2015025,01440.162.87$71,852
Jul 2015024,51348.152.95$72,193
Jun 2015023,78956.152.88$68,580
May 2015024,89955.212.96$73,588
Apr 2015024,42549.822.71$66,108
Mar 2015026,01742.892.93$76,352
Feb 2015024,06244.662.98$71,613
Jan 2015026,87443.433.10$83,326
Dec 2014027,02654.693.59$97,060
Nov 2014026,38170.464.25$112,168
Oct 2014027,65278.303.90$107,869
Sep 2014027,22186.164.05$110,121
Aug 2014029,32289.394.04$118,318
Jul 2014027,61496.564.18$115,415
Jun 2014023,80498.164.74$112,757
May 2014025,98894.734.73$122,834
Apr 2014024,29195.944.81$116,818
Mar 2014027,47095.895.06$138,910
Feb 2014025,02197.406.19$154,930
Jan 2014027,50590.404.86$133,694
Dec 2013027,81991.824.35$121,137
Nov 2013026,36388.853.74$98,552
Oct 2013028,33197.423.78$107,073
Sep 2013028,377104.113.72$105,498
Aug 2013028,343104.253.52$99,841
Jul 2013029,100102.523.72$108,186
Jun 2013029,47894.403.93$115,949
May 2013030,85394.834.15$128,012
Apr 2013030,58993.964.28$131,000
Mar 2013032,67893.623.91$127,865
Feb 2013028,67691.233.42$98,069
Jan 2013032,49191.603.42$111,116
Dec 2012033,61486.773.42$114,965
Nov 2012034,20186.953.62$123,977
Oct 2012036,68289.383.40$124,707
Sep 2012036,25694.672.92$105,810
Aug 2012037,11092.662.91$107,922
Jul 2012038,18485.133.02$115,346
Jun 2012037,19279.822.52$93,688
May 2012040,08991.612.49$99,754
Apr 2012043,072101.652.00$86,006
Mar 2012047,120105.052.22$104,704
Feb 2012045,309101.102.57$116,455
Jan 2012037,90698.092.73$103,638
Dec 2011053,24896.873.24$172,510
Nov 2011054,83595.723.31$181,574
Oct 2011058,07884.983.65$211,900
Sep 2011013183.623.99$522
Aug 2011011,53583.404.15$47,862
Jul 2011049,18894.144.52$222,194
Jun 2011044,53392.904.64$206,628
May 2011031,07998.134.40$136,897
Apr 2011030,450105.964.33$131,948
Mar 2011036,47296.364.06$147,979
Feb 2011046,61885.644.18$194,862
Jan 2011030,16586.504.59$138,421
Dec 2010051,72985.734.35$224,905
Nov 2010052,39080.843.80$198,837
Oct 2010042,50978.103.51$149,159
Sep 2010056,86972.633.98$226,308
Aug 2010060,05373.684.42$265,396
Jul 2010062,15872.554.74$294,411
Jun 2010060,78570.364.91$298,479
May 2010065,30071.124.24$276,560
Apr 2010063,73381.694.12$262,751
Mar 2010068,70578.394.39$301,524
Feb 2010060,08973.585.44$327,026
Jan 2010047,03574.365.96$280,521
Dec 2009070,35271.445.48$385,793
Nov 2009073,48674.593.75$275,683
Oct 2009078,03572.544.11$320,743
Sep 2009078,00665.543.06$239,069
Aug 2009082,89367.423.22$266,791
Jul 2009085,14761.133.46$294,992
Jun 2009084,88866.163.90$330,639
May 2009092,42354.743.93$362,830
Apr 2009091,55046.773.59$328,436
Mar 20090111,45142.144.06$452,380
Feb 20090106,71732.814.63$494,420
Jan 20090127,87535.865.37$686,817
Dec 2008061,36937.105.98$366,811

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                6,927 Mcf  × $  3.05 =    $21,099

────────────────────────────────────────────────────
Month total                                  $21,099

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/245303 is the state's own key, not one this site invented.