MARTI

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 248955District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Dec 2008 – May 2026
Value, last 12 filed months
$225 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
CondensateDisposition73 bbl$5,147
GasProduction1,550,233 Mcf$5,734,363
Total$5,739,511

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 202606,691106.413.05$20,380
Apr 202606,41698.932.87$18,412
Mar 202606,82689.753.15$21,498
Feb 202608,27063.503.75$31,015
Jan 202601,44259.138.00$11,533
Dec 2025088456.664.41$3,901
Nov 202504,34558.593.93$17,060
Oct 202506,08959.383.30$20,123
Sep 202506,49762.743.08$19,991
Aug 202506,04063.933.01$18,209
Jul 202506,47766.743.32$21,473
Jun 202506,78266.483.13$21,219
May 202507,93360.553.23$25,642
Apr 202507,37962.363.54$26,145
Mar 202507,34667.704.27$31,355
Feb 202526,25070.884.34$27,272
Jan 202527,10374.324.28$30,540
Dec 202467,33168.993.12$23,297
Nov 202446,78169.052.20$15,184
Oct 202416,64371.372.28$15,227
Sep 202465,98069.612.36$14,557
Aug 202477,13275.632.06$15,247
Jul 202449,93579.932.15$21,646
Jun 202401,75778.082.63$4,628
May 202403,75178.812.20$8,246
Apr 2024012,58184.451.66$20,874
Mar 202409,24580.301.55$14,285
Feb 202401,56476.091.78$2,790
Jan 202403,74473.023.30$12,346
Dec 202303,79471.262.61$9,905
Nov 202303,70377.892.81$10,396
Oct 202303,77385.443.09$11,648
Sep 202303,69589.042.74$10,106
Aug 202303,34880.522.67$8,949
Jul 202303,44074.852.64$9,088
Jun 202303,35768.962.26$7,582
May 20230070.622.23$0
Apr 202302,81978.122.24$6,308
Mar 202302,77272.852.39$6,634
Feb 202305,45575.112.47$13,450
Jan 202304,17676.533.39$14,147
Dec 202201,50476.415.73$8,617
Nov 202201,33785.005.65$7,549
Oct 202203,62687.185.86$21,262
Sep 202203,35184.888.16$27,356
Aug 202216,81794.529.13$62,314
Jul 202214,152101.587.54$31,416
Jun 202204,308115.097.98$34,366
May 202213,859109.378.43$32,652
Apr 202213,308104.226.84$22,723
Mar 202203,511108.885.08$17,823
Feb 202203,63491.054.86$17,657
Jan 202201,62981.844.54$7,392
Dec 202103,15271.323.90$12,290
Nov 202103,33677.435.24$17,470
Oct 202103,60779.795.71$20,610
Sep 202103,58869.865.35$19,199
Aug 202103,53366.024.22$14,911
Jul 202104,14970.783.98$16,522
Jun 202102,41569.493.38$8,164
May 202102,62663.483.02$7,924
Apr 202103,10660.362.76$8,568
Mar 202103,39761.302.72$9,229
Feb 202112,97957.805.55$16,585
Jan 202103,59350.412.81$10,097
Dec 202003,56944.642.68$9,549
Nov 202003,56438.772.71$9,646
Oct 202003,27636.972.48$8,119
Sep 202003,44737.091.99$6,863
Aug 202003,51639.982.39$8,386
Jul 202003,70538.371.83$6,762
Jun 202003,72334.901.69$6,293
May 202003,77416.921.81$6,849
Apr 202003,73714.751.80$6,743
Mar 202004,38430.341.86$8,138
Feb 202004,11249.881.98$8,145
Jan 202004,00257.252.09$8,383
Dec 201904,16459.012.30$9,595
Nov 201904,20855.302.75$11,575
Oct 201904,26853.472.42$10,322
Sep 201904,34955.052.66$11,557
Aug 201905,31053.112.30$12,236
Jul 201904,47556.272.46$11,009
Jun 201904,45452.782.49$11,096
May 201904,24458.482.74$11,630
Apr 201904,46762.632.75$12,287
Mar 201904,78056.803.06$14,637
Feb 201903,95150.852.79$11,032
Jan 201905,02746.033.23$16,228
Dec 201804,72046.594.19$19,755
Nov 201804,59452.934.24$19,466
Oct 201804,73761.443.40$16,097
Sep 201804,72259.543.11$14,676
Aug 201805,13359.403.07$15,741
Jul 201805,16365.142.93$15,137
Jun 201805,01560.183.08$15,431
May 201804,92065.382.90$14,272
Apr 201804,98963.842.90$14,472
Mar 201804,77761.222.79$13,313
Feb 201804,35561.782.77$12,046
Jan 201804,74762.874.01$19,032
Dec 201705,05957.272.92$14,780
Nov 201704,59555.423.12$14,329
Oct 201705,25649.292.98$15,682
Sep 201705,46247.523.09$16,863
Aug 201705,77145.373.00$17,338
Jul 201706,28243.873.09$19,394
Jun 201705,89442.493.09$18,196
May 201705,11845.373.26$16,702
Apr 201704,44347.933.21$14,269
Mar 201705,23946.772.98$15,632
Feb 201704,96850.452.95$14,669
Jan 201705,81349.413.42$19,873
Dec 201605,75348.763.72$21,417
Nov 201605,76042.492.64$15,231
Oct 201605,70646.193.09$17,633
Sep 201605,50941.553.10$17,081
Aug 201606,04541.442.92$17,678
Jul 201606,23541.622.92$18,233
Jun 201606,00845.352.69$16,136
May 201605,88542.521.99$11,717
Apr 201635,14536.561.99$10,354
Mar 201604,71133.011.79$8,452
Feb 201604,54426.472.06$9,377
Jan 201614,46627.352.36$10,587
Dec 201525,06432.362.00$10,200
Nov 201505,07838.792.17$11,006
Oct 201505,26843.552.43$12,783
Sep 201504,95242.992.76$13,660
Aug 201505,35440.162.87$15,379
Jul 201505,72448.152.95$16,858
Jun 201504,99556.152.88$14,400
May 201506,67655.212.96$19,731
Apr 201506,92349.822.71$18,738
Mar 201505,84442.892.93$17,150
Feb 201505,91844.662.98$17,613
Jan 201506,73443.433.10$20,880
Dec 201406,33754.693.59$22,758
Nov 201406,31270.464.25$26,838
Oct 201405,95578.303.90$23,230
Sep 201405,73386.164.05$23,193
Aug 201406,83889.394.04$27,592
Jul 201406,72096.564.18$28,087
Jun 201406,54698.164.74$31,008
May 201407,36094.734.73$34,787
Apr 201407,54595.944.81$36,285
Mar 201408,02295.895.06$40,566
Feb 201407,60897.406.19$47,109
Jan 201408,31490.404.86$40,412
Dec 201308,27791.824.35$36,042
Nov 201308,07688.853.74$30,190
Oct 201307,18897.423.78$27,166
Sep 201307,819104.113.72$29,069
Aug 201308,318104.253.52$29,301
Jul 201307,312102.523.72$27,184
Jun 201307,68594.403.93$30,228
May 201308,41694.834.15$34,919
Apr 201308,66593.964.28$37,109
Mar 201308,80793.623.91$34,461
Feb 201308,19791.233.42$28,033
Jan 201309,33291.603.42$31,915
Dec 201208,62086.773.42$29,482
Nov 201206,40686.953.62$23,221
Oct 201205,68489.383.40$19,324
Sep 201206,72394.672.92$19,620
Aug 201205,92192.662.91$17,219
Jul 201207,94285.133.02$23,991
Jun 201208,60179.822.52$21,666
May 201209,68391.612.49$24,094
Apr 2012011,654101.652.00$23,271
Mar 201208,550105.052.22$18,999
Feb 201207,770101.102.57$19,971
Jan 201209,72798.092.73$26,594
Dec 201109,73196.873.24$31,526
Nov 201108,73995.723.31$28,937
Oct 201109,97784.983.65$36,401
Sep 2011010,45783.623.99$41,680
Aug 2011010,24283.404.15$42,497
Jul 201108,71794.144.52$39,377
Jun 201108,41292.904.64$39,031
May 201109,11398.134.40$40,141
Apr 201119,088105.964.33$39,487
Mar 201119,79196.364.06$39,822
Feb 201118,85985.644.18$37,116
Jan 2011010,30786.504.59$47,297
Dec 2010010,46685.734.35$45,504
Nov 2010010,46480.843.80$39,714
Oct 2010010,79378.103.51$37,871
Sep 2010811,35872.633.98$45,780
Aug 2010012,00073.684.42$53,032
Jul 2010012,75772.554.74$60,423
Jun 2010010,43770.364.91$51,250
May 2010314,58171.124.24$61,967
Apr 2010512,00981.694.12$49,918
Mar 2010014,65878.394.39$64,329
Feb 2010014,11573.585.44$76,819
Jan 2010016,55774.365.96$98,747
Dec 2009317,51371.445.48$96,251
Nov 2009018,28974.593.75$68,611
Oct 2009020,42972.544.11$83,968
Sep 2009521,06965.543.06$64,899
Aug 2009022,80567.423.22$73,398
Jul 2009024,41961.133.46$84,600
Jun 2009026,22866.163.90$102,158
May 2009029,74454.743.93$116,768
Apr 2009031,73046.773.59$113,831
Mar 2009337,27942.144.06$151,442
Feb 2009040,69132.814.63$188,521
Jan 2009061,51735.865.37$330,408
Dec 200801,59137.105.98$9,510

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                6,691 Mcf  × $  3.05 =    $20,380

────────────────────────────────────────────────────
Month total                                  $20,380

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/248955 is the state's own key, not one this site invented.