CARTER

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 249937District 09Field 65280200GasSaveExport
Value, all time
$5.5 M
Jan 2009 – May 2026
Value, last 12 filed months
$288 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
GasProduction1,381,630 Mcf$5,520,237
Total$5,520,237

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 20266,516106.413.05$19,847
Apr 20266,53998.932.87$18,765
Mar 20267,10089.753.15$22,361
Feb 20265,99063.503.75$22,464
Jan 20266,28459.138.00$50,259
Dec 20256,88356.664.41$30,377
Nov 20255,70258.593.93$22,389
Oct 20255,52459.383.30$18,256
Sep 20256,58662.743.08$20,265
Aug 20256,62463.933.01$19,970
Jul 20256,88566.743.32$22,825
Jun 20256,41966.483.13$20,083
May 20257,13260.553.23$23,053
Apr 20256,67862.363.54$23,661
Mar 20256,88967.704.27$29,404
Feb 20256,15970.884.34$26,735
Jan 20257,02074.324.28$30,036
Dec 20245,91868.993.12$18,472
Nov 20247,78269.052.20$17,108
Oct 20248,16971.372.28$18,637
Sep 20246,91869.612.36$16,357
Aug 20247,55375.632.06$15,587
Jul 20247,52579.932.15$16,153
Jun 20247,27478.082.63$19,160
May 20247,47978.812.20$16,442
Apr 20247,23484.451.66$12,003
Mar 20246,66580.301.55$10,298
Feb 20247,29976.091.78$13,019
Jan 20246,74173.023.30$22,230
Dec 20238,41471.262.61$21,967
Nov 20237,00277.892.81$19,659
Oct 20238,94285.443.09$27,606
Sep 20238,37189.042.74$22,895
Aug 20239,10180.522.67$24,326
Jul 20239,04974.852.64$23,906
Jun 20238,66068.962.26$19,558
May 20239,51670.622.23$21,196
Apr 20238,96178.122.24$20,053
Mar 202310,77272.852.39$25,779
Feb 202310,19475.112.47$25,135
Jan 202310,75576.533.39$36,435
Dec 202210,07776.415.73$57,732
Nov 20229,22785.005.65$52,097
Oct 20228,57987.185.86$50,305
Sep 202211,24884.888.16$91,825
Aug 202211,03294.529.13$100,691
Jul 20229,895101.587.54$74,629
Jun 20229,964115.097.98$79,485
May 202210,070109.378.43$84,921
Apr 202210,371104.226.84$70,913
Mar 202210,951108.885.08$55,592
Feb 202210,59591.054.86$51,479
Jan 202210,84681.844.54$49,216
Dec 202115,66971.323.90$61,095
Nov 202114,68377.435.24$76,893
Oct 202112,25279.795.71$70,006
Sep 20214,23569.865.35$22,661
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 202126160.362.76$720
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 20144689.394.04$186
Jul 20143796.564.18$155
Jun 20142898.164.74$133
May 20142494.734.73$113
Apr 20141895.944.81$87
Mar 20144995.895.06$248
Feb 20143997.406.19$241
Jan 201470590.404.86$3,427
Dec 20131,05691.824.35$4,598
Nov 20131,14688.853.74$4,284
Oct 20131,28297.423.78$4,845
Sep 20131,349104.113.72$5,015
Aug 20131,549104.253.52$5,457
Jul 20131,542102.523.72$5,733
Jun 20131,64894.403.93$6,482
May 20132,06294.834.15$8,555
Apr 20132,24793.964.28$9,623
Mar 20137,22093.623.91$28,251
Feb 201313,48891.233.42$46,128
Jan 201312,61791.603.42$43,149
Dec 201212,58786.773.42$43,050
Nov 201213,38886.953.62$48,531
Oct 201213,16789.383.40$44,764
Sep 201211,75194.672.92$34,294
Aug 201210,76392.662.91$31,301
Jul 201210,77185.133.02$32,537
Jun 201210,47379.822.52$26,382
May 201211,43091.612.49$28,442
Apr 201211,374101.652.00$22,712
Mar 201212,327105.052.22$27,392
Feb 201212,514101.102.57$32,164
Jan 201210,19798.092.73$27,879
Dec 201112,65396.873.24$40,992
Nov 20119,00095.723.31$29,802
Oct 20116,82084.983.65$24,883
Sep 20113,96683.623.99$15,808
Aug 20118,42483.404.15$34,954
Jul 201114,37894.144.52$64,949
Jun 201110,86492.904.64$50,408
May 20114,62398.134.40$20,363
Apr 20114,708105.964.33$20,401
Mar 201114,68796.364.06$59,590
Feb 201115,17885.644.18$63,444
Jan 201116,88286.504.59$77,468
Dec 201017,72185.734.35$77,046
Nov 201017,56880.843.80$66,676
Oct 201019,14978.103.51$67,192
Sep 201020,25272.633.98$80,592
Aug 201021,84673.684.42$96,545
Jul 201018,45872.554.74$87,426
Jun 201016,42670.364.91$80,658
May 201017,60471.124.24$74,557
Apr 201019,76181.694.12$81,468
Mar 201019,95578.394.39$87,576
Feb 201019,51573.585.44$106,208
Jan 201023,97674.365.96$142,995
Dec 200928,77871.445.48$157,811
Nov 200924,92474.593.75$93,502
Oct 200925,64472.544.11$105,403
Sep 200924,82265.543.06$76,073
Aug 200925,84867.423.22$83,192
Jul 200928,62861.133.46$99,182
Jun 200933,67766.163.90$131,172
May 200938,96354.743.93$152,959
Apr 200936,72146.773.59$131,737
Mar 200944,33642.144.06$179,960
Feb 200948,80232.814.63$226,100
Jan 2009035.865.37$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
Gas                6,516 Mcf  × $  3.05 =    $19,847

────────────────────────────────────────────────────
Month total                                  $19,847

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/249937 is the state's own key, not one this site invented.