PAYTON, JAMES

Operated by BKV BARNETT, LLC (P-5 72504) 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 249125District 09Field 65280200GasSaveExport
Value, all time
$11.4 M
Jan 2009 – May 2026
Value, last 12 filed months
$335 k
at the published price for each month
Months reported
209
no gaps in the span
Streams
1
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
GasProduction3,136,907 Mcf$11,364,470
Total$11,364,470

Every month this lease reported (209)

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

209 months

May 20267,441106.413.05$22,664
Apr 20268,51998.932.87$24,447
Mar 20263,85789.753.15$12,147
Feb 20265,55263.503.75$20,822
Jan 20267,94359.138.00$63,527
Dec 20258,11156.664.41$35,797
Nov 20258,57058.593.93$33,650
Oct 20256,86559.383.30$22,688
Sep 20257,96562.743.08$24,508
Aug 20257,67963.933.01$23,150
Jul 20258,00966.743.32$26,551
Jun 20258,04466.483.13$25,167
May 20257,90160.553.23$25,539
Apr 20258,11862.363.54$28,763
Mar 20258,56367.704.27$36,550
Feb 20257,57470.884.34$32,878
Jan 20258,59374.324.28$36,767
Dec 20248,64568.993.12$26,984
Nov 20248,33869.052.20$18,331
Oct 20248,87471.372.28$20,245
Sep 20248,37369.612.36$19,797
Aug 20248,98475.632.06$18,540
Jul 20248,32479.932.15$17,868
Jun 20248,61378.082.63$22,686
May 20249,12578.812.20$20,061
Apr 20248,72484.451.66$14,475
Mar 20249,47680.301.55$14,642
Feb 20248,97876.091.78$16,014
Jan 20249,98473.023.30$32,924
Dec 20239,69971.262.61$25,321
Nov 20239,65877.892.81$27,115
Oct 202310,13185.443.09$31,277
Sep 20239,62389.042.74$26,319
Aug 20239,92580.522.67$26,528
Jul 20239,82974.852.64$25,966
Jun 20239,82668.962.26$22,192
May 20239,96170.622.23$22,187
Apr 202310,19478.122.24$22,812
Mar 202310,68572.852.39$25,571
Feb 202310,07375.112.47$24,837
Jan 202312,19276.533.39$41,303
Dec 202211,86576.415.73$67,976
Nov 202211,81085.005.65$66,682
Oct 20226,79487.185.86$39,838
Sep 20225,34184.888.16$43,602
Aug 202211,05794.529.13$100,919
Jul 202210,970101.587.54$82,737
Jun 202210,752115.097.98$85,771
May 202211,062109.378.43$93,286
Apr 202210,937104.226.84$74,783
Mar 202211,469108.885.08$58,221
Feb 202210,46591.054.86$50,848
Jan 202212,06581.844.54$54,747
Dec 202111,69171.323.90$45,585
Nov 202111,47277.435.24$60,077
Oct 202112,05379.795.71$68,869
Sep 202111,64669.865.35$62,317
Aug 202112,18166.024.22$51,411
Jul 202112,50470.783.98$49,792
Jun 202112,16469.493.38$41,122
May 202112,78263.483.02$38,572
Apr 202112,71360.362.76$35,068
Mar 202113,35861.302.72$36,293
Feb 202111,06357.805.55$61,377
Jan 202112,86850.412.81$36,163
Dec 202013,03644.642.68$34,877
Nov 202012,85238.772.71$34,785
Oct 202013,32436.972.48$33,023
Sep 202013,01637.091.99$25,915
Aug 202013,75539.982.39$32,807
Jul 202013,98538.371.83$25,524
Jun 202013,81234.901.69$23,347
May 202014,45216.921.81$26,227
Apr 202014,29714.751.80$25,797
Mar 202014,99130.341.86$27,827
Feb 202014,33849.881.98$28,399
Jan 202015,75557.252.09$33,003
Dec 201916,04759.012.30$36,978
Nov 201915,99355.302.75$43,992
Oct 201915,57353.472.42$37,664
Sep 201914,97555.052.66$39,793
Aug 201915,85053.112.30$36,524
Jul 201916,93756.272.46$41,666
Jun 201916,71352.782.49$41,635
May 201917,77758.482.74$48,715
Apr 201917,60662.632.75$48,429
Mar 201919,24056.803.06$58,915
Feb 201917,88450.852.79$49,936
Jan 201921,13846.033.23$68,237
Dec 201821,76546.594.19$91,096
Nov 201822,65552.934.24$95,995
Oct 201824,90461.443.40$84,626
Sep 201824,27259.543.11$75,437
Aug 201828,24259.403.07$86,606
Jul 20186565.142.93$191
Jun 20187,95660.183.08$24,480
May 20189,23365.382.90$26,783
Apr 20188,52463.842.90$24,726
Mar 20189,52161.222.79$26,534
Feb 20188,69361.782.77$24,046
Jan 20189,41662.874.01$37,752
Dec 20179,36157.272.92$27,348
Nov 2017055.423.12$0
Oct 20179,43249.292.98$28,142
Sep 20179,05747.523.09$27,961
Aug 2017045.373.00$0
Jul 20179,70443.873.09$29,959
Jun 20179,46642.493.09$29,224
May 201710,19545.373.26$33,270
Apr 20179,40647.933.21$30,208
Mar 20179,88746.772.98$29,500
Feb 20178,99150.452.95$26,547
Jan 201710,16549.413.42$34,752
Dec 201610,28648.763.72$38,293
Nov 201610,17542.492.64$26,906
Oct 201610,64446.193.09$32,893
Sep 201610,15141.553.10$31,475
Aug 201610,77741.442.92$31,516
Jul 201611,14541.622.92$32,592
Jun 201610,55345.352.69$28,344
May 201611,57142.521.99$23,038
Apr 201611,21436.561.99$22,328
Mar 201611,77233.011.79$21,119
Feb 201611,18426.472.06$23,080
Jan 201611,86727.352.36$28,058
Dec 201511,68932.362.00$23,394
Nov 201511,95238.792.17$25,904
Oct 201512,28843.552.43$29,818
Sep 201511,39342.992.76$31,427
Aug 201512,48040.162.87$35,849
Jul 201512,71548.152.95$37,447
Jun 201511,91256.152.88$34,341
May 201513,03555.212.96$38,524
Apr 201512,08249.822.71$32,701
Mar 201511,71942.892.93$34,392
Feb 201510,21444.662.98$30,399
Jan 201512,05043.433.10$37,363
Dec 201411,58054.693.59$41,588
Nov 201412,79170.464.25$54,385
Oct 201412,88078.303.90$50,244
Sep 201412,92786.164.05$52,295
Aug 201413,68089.394.04$55,200
Jul 201414,21096.564.18$59,392
Jun 201412,87798.164.74$60,997
May 201414,23994.734.73$67,301
Apr 201414,29195.944.81$68,727
Mar 201414,94495.895.06$75,569
Feb 201413,39397.406.19$82,929
Jan 201415,28690.404.86$74,301
Dec 201314,37891.824.35$62,609
Nov 201312,81788.853.74$47,914
Oct 201315,52097.423.78$58,656
Sep 201315,726104.113.72$58,465
Aug 201316,239104.253.52$57,204
Jul 201315,973102.523.72$59,383
Jun 201315,84494.403.93$62,321
May 201314,68394.834.15$60,921
Apr 201315,92393.964.28$68,192
Mar 201316,84093.623.91$65,893
Feb 201316,03991.233.42$54,852
Jan 201317,93091.603.42$61,319
Dec 201215,08386.773.42$51,586
Nov 201215,36686.953.62$55,701
Oct 201218,44189.383.40$62,694
Sep 201213,93194.672.92$40,656
Aug 201215,69192.662.91$45,632
Jul 201216,38585.133.02$49,496
Jun 201216,27379.822.52$40,992
May 201217,57691.612.49$43,735
Apr 201217,976101.652.00$35,894
Mar 201218,345105.052.22$40,764
Feb 201218,405101.102.57$47,305
Jan 201219,63298.092.73$53,675
Dec 201119,09496.873.24$61,860
Nov 201119,16495.723.31$63,457
Oct 201119,91884.983.65$72,672
Sep 201119,19283.623.99$76,495
Aug 201119,89183.404.15$82,534
Jul 201120,77694.144.52$93,850
Jun 201120,69192.904.64$96,004
May 201121,69298.134.40$95,549
Apr 201121,578105.964.33$93,504
Mar 201122,40696.364.06$90,909
Feb 201120,32285.644.18$84,946
Jan 201126,67386.504.59$122,397
Dec 201016,53485.734.35$71,886
Nov 201024,62880.843.80$93,471
Oct 201025,24778.103.51$88,589
Sep 201025,14872.633.98$100,076
Aug 201026,25073.684.42$116,008
Jul 201027,84372.554.74$131,878
Jun 201027,26970.364.91$133,902
May 201028,17971.124.24$119,344
Apr 201028,31281.694.12$116,722
Mar 201029,70278.394.39$130,352
Feb 201029,82773.585.44$162,329
Jan 201031,98774.365.96$190,773
Dec 200932,55771.445.48$178,534
Nov 200932,00274.593.75$120,056
Oct 200935,60472.544.11$146,341
Sep 200936,40065.543.06$111,557
Aug 200933,38167.423.22$107,437
Jul 200938,34961.133.46$132,860
Jun 200939,22866.163.90$152,793
May 200942,90854.743.93$168,446
Apr 200946,50746.773.59$166,844
Mar 200952,73442.144.06$214,047
Feb 200955,80332.814.63$258,535
Jan 200917,25335.865.37$92,666

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
Gas                7,441 Mcf  × $  3.05 =    $22,664

────────────────────────────────────────────────────
Month total                                  $22,664

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/249125 is the state's own key, not one this site invented.