HYLES

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 248975District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Dec 2008 – May 2026
Value, last 12 filed months
$116 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
CondensateDisposition2,685 bbl$194,117
GasProduction1,379,715 Mcf$5,058,213
Total$5,252,330

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 202603,871106.413.05$11,790
Apr 202603,54198.932.87$10,162
Mar 202603,73189.753.15$11,751
Feb 202603,64763.503.75$13,677
Jan 202604,05359.138.00$32,416
Dec 202504,34956.664.41$19,194
Nov 202503,87858.593.93$15,227
Oct 2025033359.383.30$1,101
Sep 2025033362.743.08$1,025
Aug 20250063.933.01$0
Jul 20250166.743.32$3
Jun 20250166.483.13$3
May 2025031660.553.23$1,021
Apr 2025038862.363.54$1,375
Mar 2025041867.704.27$1,784
Feb 202501,55870.884.34$6,763
Jan 202502,46674.324.28$10,551
Dec 202403,65268.993.12$11,399
Nov 202403,84269.052.20$8,446
Oct 202404,45371.372.28$10,159
Sep 202405,69969.612.36$13,474
Aug 202403,02375.632.06$6,238
Jul 2024394,06579.932.15$11,843
Jun 202403,15878.082.63$8,318
May 202403,83678.812.20$8,433
Apr 202404,67984.451.66$7,763
Mar 202404,07580.301.55$6,296
Feb 202404,31376.091.78$7,693
Jan 202403,66973.023.30$12,099
Dec 202302,42971.262.61$6,341
Nov 202303,94977.892.81$11,087
Oct 202304,99785.443.09$15,427
Sep 202303,81289.042.74$10,426
Aug 202304,13980.522.67$11,063
Jul 202303,48674.852.64$9,209
Jun 202304,01468.962.26$9,066
May 202304,30170.622.23$9,580
Apr 202303,96378.122.24$8,868
Mar 202304,15072.852.39$9,932
Feb 202302,98975.112.47$7,370
Jan 202304,05676.533.39$13,741
Dec 202204,19076.415.73$24,005
Nov 202202,56685.005.65$14,488
Oct 2022804,39387.185.86$32,734
Sep 202203,67584.888.16$30,002
Aug 202203,83894.529.13$35,030
Jul 202203,759101.587.54$28,351
Jun 202203,870115.097.98$30,872
May 202204,295109.378.43$36,220
Apr 202204,627104.226.84$31,638
Mar 202204,731108.885.08$24,016
Feb 202203,54991.054.86$17,244
Jan 202203,49781.844.54$15,868
Dec 202103,70371.323.90$14,438
Nov 202103,43577.435.24$17,989
Oct 202103,40179.795.71$19,433
Sep 202103,53269.865.35$18,899
Aug 202103,67266.024.22$15,498
Jul 202103,63470.783.98$14,471
Jun 202103,52769.493.38$11,923
May 2021633,47763.483.02$14,492
Apr 202103,70160.362.76$10,209
Mar 202103,77161.302.72$10,246
Feb 202103,20157.805.55$17,759
Jan 202104,10750.412.81$11,542
Dec 202004,07444.642.68$10,900
Nov 202004,19738.772.71$11,359
Oct 202004,75236.972.48$11,778
Sep 202004,56037.091.99$9,079
Aug 202003,92039.982.39$9,350
Jul 202004,17038.371.83$7,611
Jun 2020644,12334.901.69$9,203
May 202004,06716.921.81$7,381
Apr 202003,94314.751.80$7,115
Mar 202004,01730.341.86$7,456
Feb 202003,90849.881.98$7,740
Jan 202004,02557.252.09$8,431
Dec 201904,30759.012.30$9,925
Nov 201904,19355.302.75$11,534
Oct 201904,50953.472.42$10,905
Sep 201903,22455.052.66$8,567
Aug 201903,88953.112.30$8,962
Jul 201904,56656.272.46$11,233
Jun 201904,74852.782.49$11,828
May 201904,62858.482.74$12,682
Apr 201903,75162.632.75$10,318
Mar 2019564,47656.803.06$16,887
Feb 201904,09750.852.79$11,440
Jan 201904,87546.033.23$15,737
Dec 201805,19346.594.19$21,735
Nov 201804,85352.934.24$20,563
Oct 201804,12761.443.40$14,024
Sep 201804,02959.543.11$12,522
Aug 201804,33659.403.07$13,297
Jul 201804,44965.142.93$13,044
Jun 201804,32060.183.08$13,292
May 201804,07965.382.90$11,832
Apr 201803,99763.842.90$11,595
Mar 201804,08661.222.79$11,387
Feb 2018673,98461.782.77$15,159
Jan 201804,35062.874.01$17,441
Dec 201704,22457.272.92$12,341
Nov 201704,22355.423.12$13,169
Oct 201704,32249.292.98$12,895
Sep 201704,39047.523.09$13,553
Aug 201704,59145.373.00$13,793
Jul 201704,22643.873.09$13,047
Jun 201703,60142.493.09$11,117
May 201704,79545.373.26$15,648
Apr 201705,07347.933.21$16,292
Mar 201705,27346.772.98$15,733
Feb 201705,06650.452.95$14,958
Jan 201705,62549.413.42$19,231
Dec 201605,13048.763.72$19,098
Nov 201605,17942.492.64$13,695
Oct 201605,33946.193.09$16,499
Sep 2016655,16541.553.10$18,716
Aug 201605,55741.442.92$16,251
Jul 201605,81641.622.92$17,008
Jun 201605,14945.352.69$13,829
May 201605,07042.521.99$10,095
Apr 201605,14536.561.99$10,244
Mar 201605,86533.011.79$10,522
Feb 201605,63826.472.06$11,635
Jan 201607,09727.352.36$16,780
Dec 201507,43832.362.00$14,886
Nov 201506,33138.792.17$13,721
Oct 201506,12343.552.43$14,858
Sep 201505,82742.992.76$16,073
Aug 201505,66440.162.87$16,270
Jul 201505,72348.152.95$16,855
Jun 201505,61256.152.88$16,179
May 201506,21555.212.96$18,368
Apr 2015236,44649.822.71$18,592
Mar 2015466,44542.892.93$20,887
Feb 201506,50344.662.98$19,354
Jan 201506,63943.433.10$20,585
Dec 201406,42854.693.59$23,085
Nov 2014315,83770.464.25$27,002
Oct 201406,37978.303.90$24,884
Sep 201406,58186.164.05$26,623
Aug 201405,69089.394.04$22,960
Jul 201406,98896.564.18$29,207
Jun 201408,44098.164.74$39,979
May 201407,56894.734.73$35,771
Apr 20141956,46395.944.81$49,790
Mar 201406,91795.895.06$34,978
Feb 201404,82997.406.19$29,901
Jan 201405,68890.404.86$27,648
Dec 201307,55991.824.35$32,916
Nov 201306,41288.853.74$23,970
Oct 201305,78697.423.78$21,867
Sep 201305,604104.113.72$20,834
Aug 201306,263104.253.52$22,062
Jul 201305,336102.523.72$19,838
Jun 201305,09094.403.93$20,021
May 201305,73394.834.15$23,787
Apr 201305,58793.964.28$23,927
Mar 201305,01493.623.91$19,619
Feb 201302,69191.233.42$9,203
Jan 201305,27791.603.42$18,047
Dec 201206,59886.773.42$22,566
Nov 201206,28286.953.62$22,772
Oct 201205,79889.383.40$19,711
Sep 201203,71294.672.92$10,833
Aug 201207,40592.662.91$21,535
Jul 201208,17085.133.02$24,680
Jun 201205,68779.822.52$14,326
May 201204,79391.612.49$11,927
Apr 20121976,239101.652.00$32,483
Mar 201206,666105.052.22$14,812
Feb 201207,447101.102.57$19,141
Jan 201206,12998.092.73$16,757
Dec 201105,49296.873.24$17,793
Nov 201108,11295.723.31$26,861
Oct 201107,79184.983.65$28,426
Sep 201108,48783.623.99$33,827
Aug 20111919,22983.404.15$54,223
Jul 2011010,04594.144.52$45,376
Jun 2011010,23592.904.64$47,489
May 2011010,98998.134.40$48,405
Apr 2011010,695105.964.33$46,344
Mar 2011011,17696.364.06$45,345
Feb 201108,40885.644.18$35,145
Jan 20112009,42186.504.59$60,531
Dec 201007,63085.734.35$33,173
Nov 2010012,10780.843.80$45,950
Oct 2010011,86078.103.51$41,615
Sep 2010011,68572.633.98$46,500
Aug 2010013,87473.684.42$61,314
Jul 2010015,34672.554.74$72,686
Jun 201019515,07370.364.91$87,735
May 2010017,14471.124.24$72,609
Apr 2010016,46281.694.12$67,868
Mar 201019617,94078.394.39$94,097
Feb 2010017,65773.585.44$96,096
Jan 2010019,90574.365.96$118,715
Dec 200919721,52271.445.48$132,095
Nov 2009022,67574.593.75$85,065
Oct 2009025,20672.544.11$103,603
Sep 2009027,06365.543.06$82,941
Aug 200919230,51667.423.22$111,160
Jul 2009033,80961.133.46$117,131
Jun 200919439,69166.163.90$167,431
May 200939450,25154.743.93$218,840
Apr 2009056,00246.773.59$200,907
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$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                3,871 Mcf  × $  3.05 =    $11,790

────────────────────────────────────────────────────
Month total                                  $11,790

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/248975 is the state's own key, not one this site invented.