USA TRUST

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 248091District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Mar 2008 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
219
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-07-30192283
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition18,996 bbl$1,410,117
GasProduction1,408,497 Mcf$5,123,858
Total$6,533,975

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2343, -97.2343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23430, -97.23425 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,695 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,695 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-12133229B 1H8,695 ftApr 2009

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (219)

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

219 months

May 202602,344106.413.05$7,139
Apr 202602,44698.932.87$7,019
Mar 202621,82289.753.15$5,918
Feb 2026543,65963.503.75$17,151
Jan 202601,57459.138.00$12,589
Dec 202502,69956.664.41$11,912
Nov 202503,88758.593.93$15,262
Oct 202561,96559.383.30$6,850
Sep 2025401,36262.743.08$6,700
Aug 202502,05063.933.01$6,180
Jul 202502,50366.743.32$8,298
Jun 2025352,45266.483.13$9,998
May 202503,11160.553.23$10,056
Apr 202532,63662.363.54$9,527
Mar 2025412,64067.704.27$14,044
Feb 202502,63970.884.34$11,455
Jan 202502,97174.324.28$12,712
Dec 202403,16568.993.12$9,879
Nov 2024322,66469.052.20$8,066
Oct 2024382,64571.372.28$8,746
Sep 202402,61969.612.36$6,192
Aug 202482,99675.632.06$6,788
Jul 2024402,73879.932.15$9,075
Jun 202402,63178.082.63$6,930
May 202402,79578.812.20$6,145
Apr 202403,03784.451.66$5,039
Mar 20241032,61180.301.55$12,305
Feb 202402,71976.091.78$4,850
Jan 202402,71473.023.30$8,950
Dec 202302,80871.262.61$7,331
Nov 202302,90077.892.81$8,142
Oct 202303,28685.443.09$10,145
Sep 2023932,91389.042.74$16,248
Aug 202302,79480.522.67$7,468
Jul 202303,19974.852.64$8,451
Jun 202302,66768.962.26$6,023
May 202302,54570.622.23$5,669
Apr 202302,52678.122.24$5,653
Mar 20239792972.852.39$9,290
Feb 202302,34975.112.47$5,792
Jan 202303,15776.533.39$10,695
Dec 202202,83076.415.73$16,213
Nov 20221043,03585.005.65$25,976
Oct 202202,91587.185.86$17,093
Sep 202202,92984.888.16$23,911
Aug 202203,11594.529.13$28,431
Jul 202203,001101.587.54$22,634
Jun 202203,079115.097.98$24,562
May 20221153,176109.378.43$39,361
Apr 202202,999104.226.84$20,506
Mar 202203,422108.885.08$17,371
Feb 202203,09191.054.86$15,019
Jan 202203,50881.844.54$15,918
Dec 202103,57571.323.90$13,939
Nov 202103,35077.435.24$17,543
Oct 202103,61979.795.71$20,679
Sep 202103,47369.865.35$18,584
Aug 202103,78466.024.22$15,971
Jul 2021923,71170.783.98$21,289
Jun 202103,62369.493.38$12,248
May 2021273,66563.483.02$12,774
Apr 202103,61060.362.76$9,958
Mar 202103,77261.302.72$10,248
Feb 20211142,88857.805.55$22,612
Jan 202103,77150.412.81$10,598
Dec 20201063,79744.642.68$14,891
Nov 202003,42738.772.71$9,275
Oct 202004,41036.972.48$10,930
Sep 202004,27437.091.99$8,510
Aug 202004,47339.982.39$10,669
Jul 202004,44738.371.83$8,116
Jun 20201094,29834.901.69$11,069
May 202004,47516.921.81$8,121
Apr 202004,32114.751.80$7,797
Mar 20201024,52730.341.86$11,498
Feb 202004,13449.881.98$8,188
Jan 202004,47857.252.09$9,380
Dec 201904,54559.012.30$10,473
Nov 2019994,42555.302.75$17,647
Oct 201904,55853.472.42$11,024
Sep 201904,47755.052.66$11,897
Aug 201904,63053.112.30$10,669
Jul 201904,61556.272.46$11,353
Jun 201904,46652.782.49$11,126
May 2019874,57258.482.74$17,617
Apr 201904,54462.632.75$12,499
Mar 201904,79756.803.06$14,689
Feb 2019994,43050.852.79$17,404
Jan 201904,71146.033.23$15,208
Dec 201804,47246.594.19$18,717
Nov 2018884,46852.934.24$23,590
Oct 201804,44861.443.40$15,115
Sep 201804,92559.543.11$15,307
Aug 201805,10959.403.07$15,667
Jul 20181075,13065.142.93$22,011
Jun 201804,92960.183.08$15,166
May 201805,12265.382.90$14,858
Apr 201805,01763.842.90$14,553
Mar 20182015,27461.222.79$27,003
Feb 201804,59461.782.77$12,708
Jan 201805,37462.874.01$21,546
Dec 201705,19257.272.92$15,169
Nov 20171075,15655.423.12$22,008
Oct 201705,24849.292.98$15,658
Sep 2017475,18047.523.09$18,226
Aug 201705,39045.373.00$16,194
Jul 201705,51243.873.09$17,017
Jun 2017755,34842.493.09$19,698
May 2017795,35245.373.26$21,050
Apr 201704,74547.933.21$15,239
Mar 2017474,93246.772.98$16,914
Feb 2017984,41950.452.95$17,992
Jan 201705,17149.413.42$17,679
Dec 2016825,72648.763.72$25,315
Nov 2016685,60142.492.64$17,700
Oct 201605,67946.193.09$17,550
Sep 2016835,67941.553.10$21,057
Aug 201605,82241.442.92$17,026
Jul 201605,95641.622.92$17,417
Jun 2016915,85645.352.69$19,855
May 201606,18442.521.99$12,313
Apr 20161205,61136.561.99$15,559
Mar 201606,29633.011.79$11,295
Feb 20161095,97426.472.06$15,213
Jan 201606,39927.352.36$15,130
Dec 2015636,30832.362.00$14,664
Nov 2015995,95538.792.17$16,747
Oct 201516,03743.552.43$14,693
Sep 201505,84642.992.76$16,126
Aug 201501,21940.162.87$3,502
Jul 20151025,87148.152.95$22,202
Jun 2015916,59156.152.88$24,111
May 2015487,27255.212.96$24,142
Apr 201505,88249.822.71$15,920
Mar 201506,66342.892.93$19,554
Feb 20151055,89644.662.98$22,237
Jan 20152406,66543.433.10$31,089
Dec 201406,78854.693.59$24,378
Nov 201406,51470.464.25$27,696
Oct 20141216,81578.303.90$36,059
Sep 20141516,74186.164.05$40,280
Aug 20141327,31889.394.04$41,328
Jul 20141876,50896.564.18$45,258
Jun 20141906,89598.164.74$51,311
May 201407,19194.734.73$33,989
Apr 20141936,76495.944.81$51,045
Mar 201407,31695.895.06$36,996
Feb 20143906,69597.406.19$79,441
Jan 20141827,54990.404.86$53,146
Dec 201308,14291.824.35$35,454
Nov 20131937,49788.853.74$45,174
Oct 201307,59197.423.78$28,689
Sep 20131947,217104.113.72$47,028
Aug 201307,614104.253.52$26,821
Jul 20131927,978102.523.72$49,344
Jun 20131918,03894.403.93$49,647
May 20132578,40694.834.15$59,248
Apr 201308,26693.964.28$35,400
Mar 2013658,13593.623.91$37,917
Feb 20131808,04991.233.42$43,948
Jan 20132738,97591.603.42$55,700
Dec 201207,81486.773.42$26,725
Nov 20121628,08386.953.62$43,386
Oct 2012649,13289.383.40$36,766
Sep 20121917,41694.672.92$39,725
Aug 20122897,90692.662.91$49,771
Jul 201208,57285.133.02$25,894
Jun 201208,16379.822.52$20,563
May 20122368,84391.612.49$43,624
Apr 20121929,260101.652.00$38,007
Mar 20123709,179105.052.22$59,265
Feb 201208,624101.102.57$22,166
Jan 201209,57198.092.73$26,168
Dec 20111969,78096.873.24$50,671
Nov 201138610,12695.723.31$70,478
Oct 2011010,19684.983.65$37,201
Sep 20113899,60883.623.99$70,824
Aug 20111929,78083.404.15$56,593
Jul 2011010,34594.144.52$46,731
Jun 2011011,15692.904.64$51,763
May 201119411,72398.134.40$70,675
Apr 2011011,406105.964.33$49,425
Mar 201138711,85996.364.06$85,407
Feb 2011012,18385.644.18$50,925
Jan 201138212,75386.504.59$91,564
Dec 2010012,47385.734.35$54,229
Nov 201018911,66180.843.80$59,536
Oct 201019312,00678.103.51$57,201
Sep 201019113,15272.633.98$66,210
Aug 201038214,73373.684.42$93,256
Jul 201019415,49572.554.74$87,467
Jun 201019215,40070.364.91$89,129
May 201057516,77271.124.24$111,927
Apr 201038217,42781.694.12$103,052
Mar 201060818,83778.394.39$130,331
Feb 201020315,83773.585.44$101,127
Jan 201040917,94274.365.96$137,421
Dec 200920620,79171.445.48$128,729
Nov 200940222,24874.593.75$113,449
Oct 200927622,29072.544.11$111,639
Sep 200934425,44565.543.06$100,528
Aug 200959530,38867.423.22$137,919
Jul 200959437,75161.133.46$167,100
Jun 200974338,13966.163.90$197,708
May 20091,20333,31554.743.93$196,639
Apr 200959728,48146.773.59$130,097
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

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                2,344 Mcf  × $  3.05 =     $7,139

────────────────────────────────────────────────────
Month total                                   $7,139

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/248091 is the state's own key, not one this site invented.