WALSH RANCH WEST

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 251521District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.2 M
Feb 2007 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
232
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
CondensateDisposition1,184 bbl$91,389
GasProduction791,863 Mcf$4,138,873
Total$4,230,262

Every month this lease reported (232)

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

232 months

May 202622,324106.413.05$7,291
Apr 202642,09098.932.87$6,393
Mar 202641,39289.753.15$4,743
Feb 202622,00263.503.75$7,635
Jan 202662,45059.138.00$19,950
Dec 202521,78656.664.41$7,996
Nov 202561,49458.593.93$6,218
Oct 202522,16059.383.30$7,257
Sep 202521,36962.743.08$4,338
Aug 202521,41063.933.01$4,379
Jul 202522,12966.743.32$7,192
Jun 202502,87766.483.13$9,001
May 202542,82560.553.23$9,374
Apr 202542,11762.363.54$7,750
Mar 202562,42167.704.27$10,740
Feb 202544,83570.884.34$21,271
Jan 202511,46574.324.28$6,343
Dec 202422,43768.993.12$7,745
Nov 202432,96769.052.20$6,730
Oct 202443,09471.372.28$7,344
Sep 202403,73069.612.36$8,819
Aug 202404,22975.632.06$8,727
Jul 202455,04279.932.15$11,223
Jun 202404,88478.082.63$12,864
May 202424,40178.812.20$9,833
Apr 202404,32684.451.66$7,178
Mar 20248080.301.55$642
Feb 202453,61876.091.78$6,834
Jan 202483,02773.023.30$10,566
Dec 2023591471.262.61$2,743
Nov 202333,31077.892.81$9,527
Oct 202323,48185.443.09$10,918
Sep 202301,90589.042.74$5,210
Aug 202302,50380.522.67$6,690
Jul 202301,84074.852.64$4,861
Jun 202321,17768.962.26$2,796
May 202332,93570.622.23$6,749
Apr 202373,03778.122.24$7,343
Mar 202353,06872.852.39$7,706
Feb 202327,39975.112.47$18,394
Jan 2023266076.533.39$2,389
Dec 2022286676.415.73$5,114
Nov 202251,46985.005.65$8,719
Oct 202222,44587.185.86$14,511
Sep 202201,58684.888.16$12,948
Aug 202201,66294.529.13$15,169
Jul 202201,844101.587.54$13,908
Jun 202222,302115.097.98$18,594
May 202262,460109.378.43$21,402
Apr 202273,012104.226.84$21,324
Mar 2022103,300108.885.08$17,841
Feb 202272,97291.054.86$15,078
Jan 2022102,33081.844.54$11,391
Dec 2021162,82871.323.90$12,168
Nov 2021123,00477.435.24$16,661
Oct 2021152,71279.795.71$16,693
Sep 202121,27369.865.35$6,951
Aug 202122,84266.024.22$12,127
Jul 202172,84570.783.98$11,824
Jun 2021123,12269.493.38$11,388
May 202192,08863.483.02$6,872
Apr 2021112,32160.362.76$7,066
Mar 2021112,19061.302.72$6,624
Feb 202171,61557.805.55$9,365
Jan 2021101,64850.412.81$5,135
Dec 202072,93844.642.68$8,173
Nov 202008,23738.772.71$22,294
Oct 202004,09836.972.48$10,157
Sep 202002,35337.091.99$4,685
Aug 202002,61839.982.39$6,244
Jul 202022,89438.371.83$5,359
Jun 202002,79834.901.69$4,729
May 202053,39716.921.81$6,249
Apr 202002,23314.751.80$4,029
Mar 202011,66130.341.86$3,114
Feb 2020164349.881.98$1,323
Jan 2020268357.252.09$1,545
Dec 2019278159.012.30$1,918
Nov 2019182855.302.75$2,333
Oct 2019093153.472.42$2,252
Sep 2019168155.052.66$1,865
Aug 201913253.112.30$127
Jul 20190056.272.46$0
Jun 201931,73252.782.49$4,473
May 201911,40758.482.74$3,914
Apr 2019084762.632.75$2,330
Mar 2019239056.803.06$1,308
Feb 2019110950.852.79$355
Jan 201906246.033.23$200
Dec 2018035046.594.19$1,465
Nov 20182052.934.24$106
Oct 2018179961.443.40$2,777
Sep 201801,59359.543.11$4,951
Aug 201801,57459.403.07$4,827
Jul 201802,45165.142.93$7,186
Jun 201802,26360.183.08$6,963
May 201812,15665.382.90$6,320
Apr 201871,94663.842.90$6,092
Mar 201802,36461.222.79$6,588
Feb 201822,29261.782.77$6,464
Jan 201822,13462.874.01$8,682
Dec 2017102,53357.272.92$7,973
Nov 201752,79755.423.12$8,999
Oct 201753,15949.292.98$9,672
Sep 201703,26647.523.09$10,083
Aug 201742,80145.373.00$8,597
Jul 201702,86643.873.09$8,848
Jun 201772,85142.493.09$9,099
May 2017132845.373.26$1,116
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201603748.763.72$138
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201601033.011.79$18
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201433,88254.693.59$14,106
Nov 201431,52170.464.25$6,678
Oct 201472,51278.303.90$10,347
Sep 201452,85786.164.05$11,989
Aug 201453,60489.394.04$14,990
Jul 201453,22196.564.18$13,945
Jun 201442,61898.164.74$12,794
May 201442,67794.734.73$13,032
Apr 201453,13195.944.81$15,537
Mar 201453,63895.895.06$18,876
Feb 201463,63797.406.19$23,105
Jan 2014123,97490.404.86$20,401
Dec 2013114,89691.824.35$22,330
Nov 201324,63588.853.74$17,505
Oct 201364,46297.423.78$17,448
Sep 2013104,461104.113.72$17,626
Aug 201305,246104.253.52$18,480
Jul 2013115,140102.523.72$20,237
Jun 201385,27894.403.93$21,516
May 201356,45794.834.15$27,265
Apr 201364,89693.964.28$21,531
Mar 2013216,23293.623.91$26,351
Feb 2013156,04291.233.42$22,032
Jan 2013286,73891.603.42$25,608
Dec 201297,33186.773.42$25,854
Nov 201295,23486.953.62$19,756
Oct 201257,76289.383.40$26,835
Sep 2012117,72694.672.92$23,589
Aug 2012158,17192.662.91$25,152
Jul 201235,43185.133.02$16,661
Jun 201202279.822.52$55
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120136105.052.22$302
Feb 201200101.102.57$0
Jan 2012013898.092.73$377
Dec 20110096.873.24$0
Nov 2011014195.723.31$467
Oct 201111,00584.983.65$3,752
Sep 201131,53583.623.99$6,369
Aug 201111,87283.404.15$7,851
Jul 201111,95594.144.52$8,925
Jun 201122,03692.904.64$9,633
May 201172,73498.134.40$12,730
Apr 201172,346105.964.33$10,908
Mar 2011103,00796.364.06$13,164
Feb 2011145,05585.644.18$22,329
Jan 201163,47986.504.59$16,483
Dec 201062,34085.734.35$10,688
Nov 201042,45780.843.80$9,648
Oct 201032,53678.103.51$9,133
Sep 201012,69672.633.98$10,801
Aug 201032,74373.684.42$12,343
Jul 201003,00872.554.74$14,247
Jun 201033,38570.364.91$16,833
May 201043,02171.124.24$13,079
Apr 201072,39481.694.12$10,442
Mar 201073,45178.394.39$15,694
Feb 201053,15173.585.44$17,517
Jan 201042,93974.365.96$17,826
Dec 200943,99671.445.48$22,199
Nov 200922,79774.593.75$10,642
Oct 200973,57472.544.11$15,198
Sep 200914,45365.543.06$13,713
Aug 200933,95267.423.22$12,922
Jul 200914,07461.133.46$14,176
Jun 200983,99666.163.90$16,094
May 200994,77954.743.93$19,254
Apr 200964,16746.773.59$15,230
Mar 200941,10942.144.06$4,670
Feb 2009124,47532.814.63$21,126
Jan 200964,57335.865.37$24,777
Dec 200894,56637.105.98$27,626
Nov 200835,21755.496.86$35,957
Oct 200846,99775.246.92$48,734
Sep 200877,076101.767.88$56,451
Aug 200857,761114.228.48$66,408
Jul 2008108,024131.0811.39$92,700
Jun 2008127,979131.3313.03$105,563
May 200878,755123.1711.57$102,195
Apr 200896,391110.3110.45$67,810
Mar 2008116,554101.909.66$64,459
Feb 2008228,37092.538.77$75,445
Jan 2008165,55090.388.21$46,988
Dec 20072311,80388.337.30$88,217
Nov 20072613,88891.677.29$103,651
Oct 20072314,32782.856.92$101,077
Sep 20071615,80575.846.24$99,902
Aug 20072016,00269.066.39$103,601
Jul 20072817,55770.906.39$114,138
Jun 20073223,14562.007.55$176,693
May 20073830,92258.747.85$244,855
Apr 20074114,71659.617.81$117,305
Mar 20075839,10356.927.30$288,830
Feb 2007013,62955.108.22$111,976

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             2 bbl  × $106.41 =       $213
Gas                2,324 Mcf  × $  3.05 =     $7,079

────────────────────────────────────────────────────
Month total                                   $7,291

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/251521 is the state's own key, not one this site invented.