VILLAGE CREEK 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 248948District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.8 M
Jan 2008 – Jan 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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
CondensateDisposition94 bbl$7,542
GasProduction1,829,815 Mcf$6,807,181
Total$6,814,722

Every month this lease reported (205)

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

205 months

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 2023293174.852.64$2,609
Jun 202344,69968.962.26$10,888
May 202343,73170.622.23$8,593
Apr 202353,16678.122.24$7,475
Mar 202302,53272.852.39$6,059
Feb 202301,65875.112.47$4,088
Jan 202303,01176.533.39$10,200
Dec 202221,24876.415.73$7,303
Nov 202201,18485.005.65$6,685
Oct 202201,52087.185.86$8,913
Sep 20220084.888.16$0
Aug 202291,44894.529.13$14,067
Jul 20225902101.587.54$7,311
Jun 202282,252115.097.98$18,885
May 202255,189109.378.43$44,306
Apr 202244,538104.226.84$31,446
Mar 202204,870108.885.08$24,722
Feb 202253,05891.054.86$15,314
Jan 202243,64181.844.54$16,849
Dec 202105,75971.323.90$22,455
Nov 202104,98377.435.24$26,095
Oct 202136,56279.795.71$37,734
Sep 202136,12569.865.35$32,984
Aug 202106,11466.024.22$25,805
Jul 202156,73670.783.98$27,177
Jun 202116,44469.493.38$21,854
May 202106,60963.483.02$19,944
Apr 202106,31060.362.76$17,406
Mar 202105,83061.302.72$15,840
Feb 202161,95557.805.55$11,193
Jan 202144,41050.412.81$12,595
Dec 202006,44744.642.68$17,249
Nov 202006,53738.772.71$17,693
Oct 202006,69836.972.48$16,601
Sep 202005,42537.091.99$10,801
Aug 202005,57739.982.39$13,302
Jul 202007,40938.371.83$13,522
Jun 202007,83834.901.69$13,249
May 202007,56516.921.81$13,729
Apr 202006,95014.751.80$12,540
Mar 202007,33930.341.86$13,623
Feb 202006,90849.881.98$13,682
Jan 202008,03457.252.09$16,829
Dec 201908,55559.012.30$19,714
Nov 201907,40455.302.75$20,366
Oct 201906,76153.472.42$16,352
Sep 201938,11455.052.66$21,726
Aug 201907,08953.112.30$16,336
Jul 201907,85656.272.46$19,326
Jun 201906,71852.782.49$16,736
May 201908,03058.482.74$22,005
Apr 201916,65562.632.75$18,369
Mar 2019011,55856.803.06$35,392
Feb 2019010,00750.852.79$27,942
Jan 2019011,60246.033.23$37,453
Dec 2018014,07446.594.19$58,906
Nov 2018012,42352.934.24$52,639
Oct 2018014,06861.443.40$47,804
Sep 2018010,91059.543.11$33,908
Aug 201839,85659.403.07$30,402
Jul 2018010,09065.142.93$29,583
Jun 201848,53260.183.08$26,493
May 201807,47665.382.90$21,686
Apr 201805,70463.842.90$16,546
Mar 201807,54461.222.79$21,024
Feb 201807,65461.782.77$21,172
Jan 201803,78162.874.01$15,159
Dec 201705,76557.272.92$16,843
Nov 201704,58755.423.12$14,304
Oct 201749,09049.292.98$27,319
Sep 201707,22447.523.09$22,303
Aug 201706,78145.373.00$20,373
Jul 201707,29943.873.09$22,534
Jun 201706,08442.493.09$18,783
May 201702,36945.373.26$7,731
Apr 2017021247.933.21$681
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015096343.552.43$2,337
Sep 201504,22642.992.76$11,657
Aug 201506,73040.162.87$19,332
Jul 201506,49248.152.95$19,119
Jun 201506,71156.152.88$19,347
May 201508,29655.212.96$24,518
Apr 201505,60149.822.71$15,160
Mar 2015010,18942.892.93$29,902
Feb 201505,07544.662.98$15,104
Jan 201508,83443.433.10$27,391
Dec 201408,95754.693.59$32,168
Nov 201406,94670.464.25$29,533
Oct 201408,04478.303.90$31,379
Sep 201408,08286.164.05$32,695
Aug 201409,33089.394.04$37,648
Jul 201409,65396.564.18$40,346
Jun 201409,39698.164.74$44,508
May 201409,25494.734.73$43,740
Apr 201409,35195.944.81$44,970
Mar 201401,82295.895.06$9,213
Feb 201408,58497.406.19$53,152
Jan 2014011,12590.404.86$54,076
Dec 201306,11991.824.35$26,645
Nov 201305,20488.853.74$19,454
Oct 2013011,29597.423.78$42,688
Sep 2013010,685104.113.72$39,724
Aug 2013010,681104.253.52$37,625
Jul 2013010,771102.523.72$40,044
Jun 201309,18194.403.93$36,113
May 2013013,06994.834.15$54,224
Apr 2013013,97393.964.28$59,841
Mar 2013014,23493.623.91$55,696
Feb 2013013,51691.233.42$46,224
Jan 2013016,64391.603.42$56,918
Dec 2012016,38086.773.42$56,022
Nov 2012016,82586.953.62$60,990
Oct 2012017,72789.383.40$60,266
Sep 2012018,04194.672.92$52,651
Aug 2012018,91292.662.91$54,999
Jul 2012019,05385.133.02$57,555
Jun 2012019,10879.822.52$48,134
May 2012020,10091.612.49$50,015
Apr 2012019,937101.652.00$39,810
Mar 2012020,477105.052.22$45,502
Feb 2012020,527101.102.57$52,759
Jan 2012023,75598.092.73$64,948
Dec 2011025,91696.873.24$83,961
Nov 2011011,12095.723.31$36,821
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011025,21794.144.52$113,911
Jun 2011024,82992.904.64$115,204
May 2011028,78798.134.40$126,802
Apr 2011028,900105.964.33$125,232
Mar 2011027,17796.364.06$110,266
Feb 2011013,25485.644.18$55,401
Jan 20110086.504.59$0
Dec 201004,30985.734.35$18,734
Nov 20100080.843.80$0
Oct 2010021,53578.103.51$75,564
Sep 2010023,35672.633.98$92,945
Aug 2010029,03573.684.42$128,316
Jul 2010030,56572.554.74$144,771
Jun 2010030,43870.364.91$149,463
May 2010032,49071.124.24$137,602
Apr 2010034,19081.694.12$140,955
Mar 2010040,29978.394.39$176,859
Feb 2010040,31173.585.44$219,387
Jan 2010028,74974.365.96$171,462
Dec 2009052,07071.445.48$285,539
Nov 2009043,05474.593.75$161,517
Oct 2009043,56372.544.11$179,055
Sep 2009040,07065.543.06$122,805
Aug 2009048,16867.423.22$155,029
Jul 2009062,80261.133.46$217,578
Jun 2009047,72366.163.90$185,881
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.

Jul 2023 — as filed, then multipliedworked
Condensate             2 bbl  × $ 74.85 =       $150
Gas                  931 Mcf  × $  2.64 =     $2,460

────────────────────────────────────────────────────
Month total                                   $2,609

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/248948 is the state's own key, not one this site invented.