BEGGS

Operated by BKV BARNETT II, LLC (P-5 103758) 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 248129District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
2 months not filed
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
CondensateDisposition73 bbl$6,065
GasProduction649,913 Mcf$3,495,691
Total$3,501,756

Every month this lease reported (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018025465.382.90$737
Apr 201803,50563.842.90$10,167
Mar 201802,14561.222.79$5,978
Feb 201802,10861.782.77$5,831
Jan 201802,35162.874.01$9,426
Dec 201703,93457.272.92$11,493
Nov 201701,37355.423.12$4,282
Oct 201701,72449.292.98$5,144
Sep 201701,57547.523.09$4,862
Aug 201702,50445.373.00$7,523
Jul 201703,28343.873.09$10,136
Jun 201702,05242.493.09$6,335
May 201703,04245.373.26$9,927
Apr 201702,49747.933.21$8,019
Mar 201701,94246.772.98$5,794
Feb 201702,21850.452.95$6,549
Jan 201701,10649.413.42$3,781
Dec 201602,38448.763.72$8,875
Nov 201602,94042.492.64$7,774
Oct 201603,25546.193.09$10,059
Sep 201602,57041.553.10$7,969
Aug 201601,80741.442.92$5,284
Jul 201602,32441.622.92$6,796
Jun 201602,93845.352.69$7,891
May 201602,95842.521.99$5,890
Apr 201602,84136.561.99$5,657
Mar 201603,08733.011.79$5,538
Feb 201602,50626.472.06$5,171
Jan 201602,55527.352.36$6,041
Dec 201502,67832.362.00$5,360
Nov 201503,20838.792.17$6,953
Oct 201502,21643.552.43$5,377
Sep 201502,20942.992.76$6,093
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015029756.152.88$856
May 201501,65555.212.96$4,891
Apr 2015097549.822.71$2,639
Mar 201501,15742.892.93$3,395
Feb 201502,28244.662.98$6,792
Jan 201503,61443.433.10$11,206
Dec 201402,86154.693.59$10,275
Nov 201402,38670.464.25$10,145
Oct 201403,70778.303.90$14,461
Sep 201403,97286.164.05$16,068
Aug 201403,52789.394.04$14,232
Jul 201404,04996.564.18$16,923
Jun 201403,92498.164.74$18,588
May 201403,90394.734.73$18,448
Apr 201404,00595.944.81$19,261
Mar 201404,32495.895.06$21,866
Feb 201403,40797.406.19$21,096
Jan 201403,69790.404.86$17,970
Dec 201302,29991.824.35$10,011
Nov 201302,52788.853.74$9,447
Oct 201305,28697.423.78$19,978
Sep 201304,197104.113.72$15,603
Aug 201304,226104.253.52$14,887
Jul 201304,756102.523.72$17,682
Jun 201302,86194.403.93$11,253
May 201303,74994.834.15$15,555
Apr 201305,75293.964.28$24,633
Mar 201305,32093.623.91$20,816
Feb 201303,77491.233.42$12,907
Jan 201304,74091.603.42$16,210
Dec 201204,55786.773.42$15,586
Nov 201204,58986.953.62$16,635
Oct 201204,95889.383.40$16,856
Sep 201204,58694.672.92$13,384
Aug 201204,78592.662.91$13,916
Jul 201205,05885.133.02$15,279
Jun 201205,75479.822.52$14,495
May 201205,65191.612.49$14,062
Apr 201203,492101.652.00$6,973
Mar 201205,600105.052.22$12,444
Feb 201205,103101.102.57$13,116
Jan 201206,02998.092.73$16,484
Dec 201105,72496.873.24$18,544
Nov 201106,11195.723.31$20,235
Oct 201101,23684.983.65$4,510
Sep 201105,31483.623.99$21,181
Aug 201104,99983.404.15$20,742
Jul 201104,44794.144.52$20,088
Jun 2011082892.904.64$3,842
May 20110298.134.40$9
Apr 201100105.964.33$0
Mar 201124,99596.364.06$20,459
Feb 201163,46685.644.18$15,002
Jan 201137,47086.504.59$34,538
Dec 201054,51285.734.35$20,046
Nov 201036,88680.843.80$26,377
Oct 201002,08478.103.51$7,313
Sep 201026,68272.633.98$26,736
Aug 201006,64573.684.42$29,367
Jul 201005,23672.554.74$24,800
Jun 201072,68170.364.91$13,657
May 2010740271.124.24$2,200
Apr 2010010981.694.12$449
Mar 20100078.394.39$0
Feb 2010031773.585.44$1,725
Jan 201001,45174.365.96$8,654
Dec 2009042771.445.48$2,342
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090465.543.06$12
Aug 200904,76067.423.22$15,320
Jul 200903,21961.133.46$11,152
Jun 200908,69866.163.90$33,879
May 200908,63054.743.93$33,879
Apr 200908,36546.773.59$30,009
Mar 2009010,87442.144.06$44,138
Feb 2009010,79432.814.63$50,009
Jan 2009013,05735.865.37$70,129
Dec 2008012,33137.105.98$73,704
Nov 2008011,21055.496.86$76,905
Oct 2008014,64075.246.92$101,338
Sep 2008013,695101.767.88$107,877
Aug 2008016,704114.228.48$141,700
Jul 2008013,744131.0811.39$156,536
Jun 2008011,201131.3313.03$145,978
May 2008012,770123.1711.57$147,804
Apr 2008011,753110.3110.45$122,876
Mar 2008413,019101.909.66$126,224
Feb 2008158,33092.538.77$74,447
Jan 200804,46690.388.21$36,647
Dec 200713,10588.337.30$22,761
Nov 2007020,95791.677.29$152,812
Oct 20071122,16482.856.92$154,330
Sep 2007221,85875.846.24$136,637
Aug 2007533,80369.066.39$216,277
Jul 2007010,25870.906.39$65,527
Apr 20070059.617.81$0
Mar 20070056.927.30$0

Not filed, and not zero: May 2007 – Jun 2007 (2 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 65.38 =         $0
Gas                  254 Mcf  × $  2.90 =       $737

────────────────────────────────────────────────────
Month total                                     $737

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/248129 is the state's own key, not one this site invented.