PROPS FINDLEY B 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 249958District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.8 M
Jan 2008 – May 2026
Value, last 12 filed months
$198 k
at the published price for each month
Months reported
221
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
CondensateDisposition5,853 bbl$411,914
GasProduction1,721,961 Mcf$6,369,716
Total$6,781,630

Every month this lease reported (221)

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

221 months

May 202604,580106.413.05$13,950
Apr 202604,32098.932.87$12,397
Mar 202604,05689.753.15$12,774
Feb 202603,80363.503.75$14,262
Jan 202604,19859.138.00$33,575
Dec 202504,34256.664.41$19,163
Nov 202504,34658.593.93$17,064
Oct 202504,68859.383.30$15,493
Sep 202504,54062.743.08$13,969
Aug 202504,80363.933.01$14,480
Jul 202504,84066.743.32$16,046
Jun 202504,68366.483.13$14,652
May 202504,90460.553.23$15,851
Apr 202504,86262.363.54$17,227
Mar 202504,99467.704.27$21,316
Feb 202504,43470.884.34$19,247
Jan 202504,94574.324.28$21,158
Dec 202404,94368.993.12$15,429
Nov 202434,87269.052.20$10,918
Oct 202495,07871.372.28$12,227
Sep 202404,98369.612.36$11,782
Aug 202405,15675.632.06$10,640
Jul 202405,19279.932.15$11,145
Jun 202404,93478.082.63$12,996
May 202405,10178.812.20$11,214
Apr 202404,89484.451.66$8,120
Mar 202405,02680.301.55$7,766
Feb 202404,73876.091.78$8,451
Jan 202405,20873.023.30$17,174
Dec 202305,38371.262.61$14,054
Nov 202305,20577.892.81$14,613
Oct 202305,14185.443.09$15,872
Sep 202305,18489.042.74$14,178
Aug 202305,42880.522.67$14,508
Jul 202305,46374.852.64$14,432
Jun 202305,38468.962.26$12,160
May 202305,48370.622.23$12,213
Apr 202305,33478.122.24$11,936
Mar 202305,30272.852.39$12,689
Feb 202304,79575.112.47$11,823
Jan 202305,22276.533.39$17,691
Dec 202205,18676.415.73$29,711
Nov 202205,22385.005.65$29,490
Oct 202205,21787.185.86$30,591
Sep 202205,08684.888.16$41,520
Aug 202205,54094.529.13$50,564
Jul 202205,386101.587.54$40,622
Jun 202205,393115.097.98$43,021
May 202205,374109.378.43$45,319
Apr 202205,167104.226.84$35,330
Mar 202205,537108.885.08$28,108
Feb 202205,07891.054.86$24,673
Jan 202205,63981.844.54$25,588
Dec 20211885,72471.323.90$35,727
Nov 202105,57577.435.24$29,195
Oct 202105,79779.795.71$33,123
Sep 202105,32569.865.35$28,494
Aug 202105,83166.024.22$24,610
Jul 202105,87370.783.98$23,387
Jun 202105,58169.493.38$18,867
May 202105,78963.483.02$17,469
Apr 20211575,85660.362.76$25,630
Mar 202106,13161.302.72$16,658
Feb 202105,28557.805.55$29,321
Jan 202105,93350.412.81$16,673
Dec 202005,93144.642.68$15,868
Nov 202005,67938.772.71$15,371
Oct 202006,04036.972.48$14,970
Sep 20201805,93437.091.99$18,491
Aug 202006,10139.982.39$14,552
Jul 202006,21138.371.83$11,336
Jun 202006,01334.901.69$10,164
May 202006,22516.921.81$11,297
Apr 202006,48214.751.80$11,696
Mar 20201886,49530.341.86$17,760
Feb 202005,79549.881.98$11,478
Jan 202005,85457.252.09$12,263
Dec 201905,47659.012.30$12,619
Nov 201905,85855.302.75$16,114
Oct 201905,94253.472.42$14,371
Sep 20191865,76655.052.66$25,561
Aug 201906,07853.112.30$14,006
Jul 201905,66456.272.46$13,934
Jun 201905,55152.782.49$13,829
May 201905,75558.482.74$15,771
Apr 201905,49362.632.75$15,110
Mar 20191935,72556.803.06$28,493
Feb 201905,96250.852.79$16,647
Jan 201906,63946.033.23$21,432
Dec 2018226,63846.594.19$28,808
Nov 20181845,94652.934.24$34,934
Oct 201806,21561.443.40$21,119
Sep 201806,06059.543.11$18,834
Aug 201806,41659.403.07$19,675
Jul 201805,38465.142.93$15,785
Jun 201805,33260.183.08$16,406
May 201804,83365.382.90$14,020
Apr 20181805,05763.842.90$26,161
Mar 2018173,77561.222.79$11,561
Feb 201804,71461.782.77$13,039
Jan 2018196,47362.874.01$27,147
Dec 201706,50157.272.92$18,993
Nov 201706,66155.423.12$20,771
Oct 20171487,00149.292.98$28,184
Sep 2017176,81147.523.09$21,835
Aug 201707,35445.373.00$22,094
Jul 201707,15443.873.09$22,086
Jun 201706,79642.493.09$20,981
May 2017197,15545.373.26$24,212
Apr 201706,97647.933.21$22,404
Mar 201707,34246.772.98$21,906
Feb 201706,59250.452.95$19,464
Jan 2017997,26649.413.42$29,733
Dec 201607,29648.763.72$27,162
Nov 201607,11142.492.64$18,804
Oct 2016137,42346.193.09$23,539
Sep 201607,33741.553.10$22,749
Aug 20161307,64841.442.92$27,753
Jul 201687,60841.622.92$22,581
Jun 201607,44845.352.69$20,004
May 201607,78142.521.99$15,492
Apr 201697,56936.561.99$15,399
Mar 201607,82433.011.79$14,036
Feb 2016167,37526.472.06$15,643
Jan 201608,07827.352.36$19,099
Dec 2015168,08832.362.00$16,705
Nov 201507,87738.792.17$17,072
Oct 201508,23443.552.43$19,980
Sep 2015688,01242.992.76$25,024
Aug 201508,43540.162.87$24,229
Jul 201508,45148.152.95$24,889
Jun 201508,25256.152.88$23,789
May 20151278,32855.212.96$31,625
Apr 201518,20149.822.71$22,246
Mar 201508,54142.892.93$25,065
Feb 2015947,74744.662.98$27,255
Jan 201508,64843.433.10$26,814
Dec 201408,84554.693.59$31,766
Nov 201408,51770.464.25$36,213
Oct 201408,93778.303.90$34,863
Sep 201408,66986.164.05$35,070
Aug 201409,10789.394.04$36,748
Jul 201409,13696.564.18$38,185
Jun 20141848,92798.164.74$60,348
May 201409,39894.734.73$44,420
Apr 201409,06395.944.81$43,585
Mar 201409,18195.895.06$46,426
Feb 201408,46897.406.19$52,434
Jan 201408,97590.404.86$43,625
Dec 20131999,18991.824.35$58,286
Nov 201309,07888.853.74$33,936
Oct 201309,43097.423.78$35,639
Sep 201309,337104.113.72$34,713
Aug 201309,674104.253.52$34,078
Jul 201309,633102.523.72$35,813
Jun 201309,37794.403.93$36,884
May 20131859,86394.834.15$58,466
Apr 201309,64993.964.28$41,323
Mar 2013010,19193.623.91$39,876
Feb 201309,55891.233.42$32,688
Jan 2013010,93491.603.42$37,393
Dec 201219611,30086.773.42$55,655
Nov 2012011,21886.953.62$40,665
Oct 2012011,79489.383.40$40,096
Sep 2012011,58294.672.92$33,801
Aug 2012012,40092.662.91$36,061
Jul 2012012,51485.133.02$37,802
Jun 201218512,17279.822.52$45,428
May 2012012,69991.612.49$31,599
Apr 2012012,419101.652.00$24,798
Mar 2012013,131105.052.22$29,178
Feb 2012012,747101.102.57$32,763
Jan 201218213,77298.092.73$55,506
Dec 2011013,82396.873.24$44,783
Nov 2011013,57395.723.31$44,944
Oct 2011014,09784.983.65$51,433
Sep 201115514,12283.623.99$69,249
Aug 2011015,45283.404.15$64,115
Jul 2011014,93994.144.52$67,483
Jun 2011015,22392.904.64$70,633
May 2011014,98798.134.40$66,015
Apr 201118715,901105.964.33$88,718
Mar 2011016,88796.364.06$68,516
Feb 201120016,19485.644.18$84,819
Jan 2011018,70486.504.59$85,829
Dec 2010219,36685.734.35$84,370
Nov 201018219,36180.843.80$88,194
Oct 2010120,88678.103.51$73,365
Sep 201019321,05072.633.98$97,785
Aug 2010221,57273.684.42$95,482
Jul 2010223,76572.554.74$112,708
Jun 201019324,85070.364.91$135,603
May 201018327,23671.124.24$128,365
Apr 201019332,73181.694.12$150,706
Mar 2010039,38378.394.39$172,839
Feb 201040146,41273.585.44$282,096
Jan 201053754,81774.365.96$366,865
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                4,580 Mcf  × $  3.05 =    $13,950

────────────────────────────────────────────────────
Month total                                  $13,950

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/249958 is the state's own key, not one this site invented.