LASATER

Operated by BKV BARNETT II, LLC (P-5 103758) 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 251042District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.7 M
Mar 2009 – May 2026
Value, last 12 filed months
$271 k
at the published price for each month
Months reported
207
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
CondensateDisposition3,137 bbl$238,988
GasProduction2,037,810 Mcf$7,475,797
Total$7,714,785

Every month this lease reported (207)

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

207 months

May 2026010,125106.413.05$30,839
Apr 202607,87498.932.87$22,596
Mar 202608,04189.753.15$25,325
Feb 202607,05563.503.75$26,459
Jan 202605,95259.138.00$47,604
Dec 202503,10556.664.41$13,703
Nov 202504,28858.593.93$16,837
Oct 202505,63159.383.30$18,610
Sep 2025255,12162.743.08$17,325
Aug 202505,44263.933.01$16,406
Jul 202505,48366.743.32$18,177
Jun 202505,33166.483.13$16,679
May 202505,51460.553.23$17,823
Apr 202505,20162.363.54$18,428
Mar 202505,31367.704.27$22,678
Feb 202504,52870.884.34$19,655
Jan 202506,60174.324.28$28,244
Dec 202405,73768.993.12$17,907
Nov 202404,66669.052.20$10,258
Oct 202405,58471.372.28$12,739
Sep 202405,65069.612.36$13,359
Aug 202405,84675.632.06$12,064
Jul 202405,83379.932.15$12,521
Jun 202407,23478.082.63$19,054
May 202406,82078.812.20$14,993
Apr 202406,61184.451.66$10,969
Mar 202407,13680.301.55$11,026
Feb 202406,72076.091.78$11,986
Jan 202406,92573.023.30$22,836
Dec 202307,08771.262.61$18,502
Nov 202306,76377.892.81$18,988
Oct 202307,21185.443.09$22,262
Sep 202308,09289.042.74$22,132
Aug 202308,93080.522.67$23,869
Jul 202308,59374.852.64$22,701
Jun 202306,48368.962.26$14,642
May 202306,63070.622.23$14,768
Apr 202308,07678.122.24$18,072
Mar 202307,41272.852.39$17,738
Feb 202308,27375.112.47$20,399
Jan 202308,80276.533.39$29,819
Dec 202208,84176.415.73$50,651
Nov 202208,45485.005.65$47,733
Oct 202208,08587.185.86$47,409
Sep 202207,09784.888.16$57,938
Aug 202207,86794.529.13$71,803
Jul 202207,919101.587.54$59,726
Jun 202206,968115.097.98$55,585
May 202207,737109.378.43$65,246
Apr 202207,304104.226.84$49,942
Mar 202207,899108.885.08$40,098
Feb 202206,75991.054.86$32,841
Jan 202207,64181.844.54$34,672
Dec 202105,17771.323.90$20,186
Nov 202108,21777.435.24$43,031
Oct 202108,70479.795.71$49,734
Sep 202106,87469.865.35$36,782
Aug 202108,62266.024.22$36,390
Jul 202108,45870.783.98$33,680
Jun 202107,82069.493.38$26,436
May 202108,36763.483.02$25,249
Apr 2021468,13260.362.76$25,208
Mar 202108,86661.302.72$24,088
Feb 202106,35157.805.55$35,235
Jan 202109,26650.412.81$26,040
Dec 202006,32444.642.68$16,920
Nov 202007,52638.772.71$20,370
Oct 202006,90936.972.48$17,123
Sep 202006,86837.091.99$13,674
Aug 202007,80839.982.39$18,623
Jul 202005,46138.371.83$9,967
Jun 202006,55434.901.69$11,078
May 202007,47616.921.81$13,567
Apr 202006,26814.751.80$11,310
Mar 202004,86930.341.86$9,038
Feb 202005,38249.881.98$10,660
Jan 202006,26957.252.09$13,132
Dec 20191455,73959.012.30$21,781
Nov 201904,98955.302.75$13,723
Oct 201906,06053.472.42$14,656
Sep 201906,77255.052.66$17,995
Aug 201909,76553.112.30$22,502
Jul 201906,21356.272.46$15,284
Jun 201905,72152.782.49$14,252
May 201905,79258.482.74$15,872
Apr 201905,81062.632.75$15,982
Mar 201905,67556.803.06$17,377
Feb 2019205,27450.852.79$15,743
Jan 201906,29946.033.23$20,334
Dec 201806,06646.594.19$25,389
Nov 201805,81852.934.24$24,652
Oct 201806,03661.443.40$20,511
Sep 201806,53959.543.11$20,323
Aug 201806,15359.403.07$18,869
Jul 201807,54065.142.93$22,106
Jun 201807,53360.183.08$23,178
May 201807,66965.382.90$22,246
Apr 201807,14763.842.90$20,732
Mar 201807,67761.222.79$21,395
Feb 201805,56861.782.77$15,402
Jan 201805,54662.874.01$22,236
Dec 201706,22157.272.92$18,175
Nov 201706,76655.423.12$21,099
Oct 201736,89949.292.98$20,732
Sep 201706,85947.523.09$21,176
Aug 201707,85945.373.00$23,612
Jul 201708,85243.873.09$27,329
Jun 201707,78042.493.09$24,019
May 201708,21845.373.26$26,819
Apr 201708,03047.933.21$25,789
Mar 201707,54946.772.98$22,524
Feb 201706,10750.452.95$18,032
Jan 201707,25049.413.42$24,786
Dec 201607,29548.763.72$27,158
Nov 201607,13342.492.64$18,862
Oct 201606,15646.193.09$19,024
Sep 201607,19241.553.10$22,300
Aug 201607,22641.442.92$21,131
Jul 201608,64141.622.92$25,269
Jun 201608,14145.352.69$21,865
May 201608,37042.521.99$16,665
Apr 201608,13936.561.99$16,205
Mar 20161188,80033.011.79$19,682
Feb 201603,57226.472.06$7,371
Jan 201606,63127.352.36$15,678
Dec 201506,97532.362.00$13,960
Nov 201507,08438.792.17$15,353
Oct 201506,91943.552.43$16,790
Sep 201509,40442.992.76$25,940
Aug 201508,96640.162.87$25,755
Jul 201509,70348.152.95$28,576
Jun 2015010,15256.152.88$29,267
May 2015011,05655.212.96$32,675
Apr 2015011,03249.822.71$29,859
Mar 2015011,62642.892.93$34,119
Feb 2015010,97444.662.98$32,661
Jan 2015010,53343.433.10$32,659
Dec 2014010,17554.693.59$36,542
Nov 20146911,60370.464.25$54,196
Oct 2014011,18578.303.90$43,632
Sep 201407,83286.164.05$31,684
Aug 201409,36689.394.04$37,793
Jul 2014311,23596.564.18$47,247
Jun 201428,79498.164.74$41,852
May 2014011,81394.734.73$55,835
Apr 201407,17695.944.81$34,510
Mar 20141007,58395.895.06$47,935
Feb 201408,70697.406.19$53,908
Jan 201409,79690.404.86$47,616
Dec 20131837,85191.824.35$50,990
Nov 201309,10288.853.74$34,026
Oct 2013010,20697.423.78$38,572
Sep 2013010,494104.113.72$39,014
Aug 201309,261104.253.52$32,623
Jul 2013010,813102.523.72$40,200
Jun 201309,28594.403.93$36,522
May 2013012,46394.834.15$51,710
Apr 201307,24993.964.28$31,044
Mar 201317610,66693.623.91$58,212
Feb 201305,18691.233.42$17,736
Jan 201306,72791.603.42$23,006
Dec 201207,91286.773.42$27,060
Nov 201209,04686.953.62$32,791
Oct 201207,25189.383.40$24,651
Sep 201208,60994.672.92$25,125
Aug 201203,33792.662.91$9,705
Jul 2012011,61485.133.02$35,084
Jun 2012010,50179.822.52$26,452
May 2012011,06091.612.49$27,521
Apr 201206,997101.652.00$13,972
Mar 2012013,382105.052.22$29,736
Feb 20121969,482101.102.57$44,187
Jan 2012012,54198.092.73$34,288
Dec 2011010,39196.873.24$33,664
Nov 2011011,72995.723.31$38,838
Oct 201108,30284.983.65$30,290
Sep 201109,28583.623.99$37,008
Aug 201117614,90183.404.15$76,507
Jul 2011014,99494.144.52$67,732
Jun 2011013,86692.904.64$64,337
May 2011015,76198.134.40$69,424
Apr 2011016,846105.964.33$72,998
Mar 2011020,93796.364.06$84,949
Feb 2011015,27185.644.18$63,832
Jan 201119718,82186.504.59$103,406
Dec 2010019,21085.734.35$83,520
Nov 2010021,34380.843.80$81,004
Oct 2010021,01878.103.51$73,750
Sep 201016921,92072.633.98$99,504
Aug 2010022,45873.684.42$99,250
Jul 2010023,03672.554.74$109,110
Jun 201017020,83770.364.91$114,279
May 2010022,65071.124.24$95,928
Apr 201013721,28281.694.12$98,931
Mar 201019617,27578.394.39$91,179
Feb 2010021,46273.585.44$116,804
Jan 201016422,68174.365.96$147,467
Dec 200918621,33871.445.48$130,300
Nov 200918118,27374.593.75$82,052
Oct 2009021,07272.544.11$86,611
Sep 200916219,68465.543.06$70,944
Aug 20091389,74967.423.22$40,681
Jul 2009023,77161.133.46$82,355
Jun 200917540,40566.163.90$168,955
May 2009046,86454.743.93$183,976
Apr 2009076,34046.773.59$273,870
Mar 2009021,37042.144.06$86,741

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               10,125 Mcf  × $  3.05 =    $30,839

────────────────────────────────────────────────────
Month total                                  $30,839

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/251042 is the state's own key, not one this site invented.