WALSH CRESSON RANCH

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 251523District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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
CondensateDisposition4,654 bbl$342,985
GasProduction851,818 Mcf$3,915,123
Total$4,258,108

Every month this lease reported (225)

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

225 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301,68180.522.67$4,493
Jul 202379374.852.64$770
Jun 20237368.962.26$490
May 202366,24870.622.23$14,341
Apr 2023201,76278.122.24$5,505
Mar 2023111,94972.852.39$5,466
Feb 202301,82475.112.47$4,497
Jan 202302,30176.533.39$7,795
Dec 202202,36276.415.73$13,532
Nov 202282,47385.005.65$14,643
Oct 202202,47187.185.86$14,489
Sep 202282,29584.888.16$19,415
Aug 202202,07094.529.13$18,893
Jul 202261,914101.587.54$15,045
Jun 202203,230115.097.98$25,766
May 202291,972109.378.43$17,614
Apr 202282,148104.226.84$15,521
Mar 2022101,887108.885.08$10,668
Feb 202271,52991.054.86$8,067
Jan 2022131,70681.844.54$8,805
Dec 202181,79371.323.90$7,562
Nov 202191,88977.435.24$10,589
Oct 202121,75979.795.71$10,210
Sep 2021101,75669.865.35$10,095
Aug 202191,97866.024.22$8,943
Jul 202182,02870.783.98$8,642
Jun 2021232,25569.493.38$9,222
May 2021112,51263.483.02$8,279
Apr 2021212,25560.362.76$7,488
Mar 2021402,82261.302.72$10,119
Feb 20211991957.805.55$6,197
Jan 2021242,58450.412.81$8,472
Dec 2020262,52644.642.68$7,919
Nov 2020182,57538.772.71$7,667
Oct 2020133,12436.972.48$8,223
Sep 2020183,53037.091.99$7,696
Aug 2020103,31039.982.39$8,294
Jul 2020113,54538.371.83$6,892
Jun 2020244,11734.901.69$7,797
May 2020262,99816.921.81$5,881
Apr 202082,23814.751.80$4,156
Mar 2020252,34330.341.86$5,108
Feb 2020243,12949.881.98$7,395
Jan 2020203,90957.252.09$9,333
Dec 2019303,26159.012.30$9,285
Nov 201993,31755.302.75$9,622
Oct 2019183,12353.472.42$8,516
Sep 2019102,89555.052.66$8,243
Aug 2019103,59253.112.30$8,808
Jul 201993,52856.272.46$9,186
Jun 2019162,55852.782.49$7,217
May 2019162,90458.482.74$8,894
Apr 201992,72562.632.75$8,059
Mar 2019212,74456.803.06$9,595
Feb 2019142,49550.852.79$7,678
Jan 2019252,77046.033.23$10,093
Dec 2018162,96546.594.19$13,155
Nov 201872,86552.934.24$12,510
Oct 201872,97061.443.40$10,522
Sep 201802,63159.543.11$8,177
Aug 2018183,00359.403.07$10,278
Jul 201802,90965.142.93$8,529
Jun 2018182,95660.183.08$10,179
May 2018143,12465.382.90$9,977
Apr 2018152,47463.842.90$8,134
Mar 2018132,42361.222.79$7,548
Feb 2018292,51361.782.77$8,743
Jan 2018164,59562.874.01$19,429
Dec 2017592,97757.272.92$12,076
Nov 201703,80855.423.12$11,875
Oct 2017234,07549.292.98$13,292
Sep 2017153,93047.523.09$12,846
Aug 2017283,73145.373.00$12,480
Jul 201703,65743.873.09$11,290
Jun 2017474,24742.493.09$15,109
May 2017164,79345.373.26$16,367
Apr 2017324,63047.933.21$16,403
Mar 2017154,82346.772.98$15,092
Feb 2017504,31750.452.95$15,269
Jan 2017324,39549.413.42$16,607
Dec 2016284,54748.763.72$18,293
Nov 2016144,25442.492.64$11,844
Oct 2016134,18446.193.09$13,530
Sep 2016124,16241.553.10$13,403
Aug 2016274,08441.442.92$13,062
Jul 201603,33641.622.92$9,756
Jun 2016284,04945.352.69$12,145
May 2016423,95242.521.99$9,654
Apr 2016263,72536.561.99$8,367
Mar 2016264,10133.011.79$8,216
Feb 2016273,94126.472.06$8,847
Jan 2016583,91227.352.36$10,836
Dec 2015103,22232.362.00$6,772
Nov 2015223,25638.792.17$7,910
Oct 2015213,48143.552.43$9,361
Sep 201503,35142.992.76$9,243
Aug 2015193,61040.162.87$11,133
Jul 2015113,68848.152.95$11,391
Jun 2015103,55556.152.88$10,810
May 2015223,98455.212.96$12,989
Apr 2015233,89049.822.71$11,674
Mar 2015202,81142.892.93$9,107
Feb 201503,41044.662.98$10,149
Jan 2015374,37543.433.10$15,172
Dec 2014144,75054.693.59$17,825
Nov 2014273,70270.464.25$17,643
Oct 2014194,78978.303.90$20,169
Sep 201404,94286.164.05$19,993
Aug 201433,13489.394.04$12,914
Jul 20141196.564.18$101
Jun 20148098.164.74$785
May 20140094.734.73$0
Apr 2014222,58395.944.81$14,533
Mar 2014213,61195.895.06$20,274
Feb 2014213,11097.406.19$21,303
Jan 2014294,08890.404.86$22,492
Dec 2013404,22791.824.35$22,079
Nov 201305,73088.853.74$21,420
Oct 2013274,56897.423.78$19,894
Sep 2013134,795104.113.72$19,180
Aug 2013114,499104.253.52$16,995
Jul 2013144,554102.523.72$18,366
Jun 2013274,46394.403.93$20,104
May 2013144,33394.834.15$19,306
Apr 2013454,35293.964.28$22,866
Mar 2013204,44793.623.91$19,273
Feb 2013244,04891.233.42$16,033
Jan 2013394,80691.603.42$20,008
Dec 2012264,88886.773.42$18,974
Nov 2012255,12486.953.62$20,748
Oct 2012375,34089.383.40$21,461
Sep 2012245,14794.672.92$17,293
Aug 2012344,50792.662.91$16,258
Jul 2012225,32885.133.02$17,968
Jun 2012324,70579.822.52$14,406
May 2012235,31191.612.49$15,323
Apr 2012245,147101.652.00$12,717
Mar 2012615,338105.052.22$18,270
Feb 2012244,978101.102.57$15,221
Jan 2012475,62498.092.73$19,987
Dec 2011455,63796.873.24$22,622
Nov 2011355,79995.723.31$22,552
Oct 2011345,94384.983.65$24,573
Sep 2011225,80783.623.99$24,985
Aug 2011325,81583.404.15$26,797
Jul 2011216,28594.144.52$30,368
Jun 2011225,46292.904.64$27,387
May 2011325,85398.134.40$28,922
Apr 2011234,395105.964.33$21,482
Mar 2011283,30396.364.06$16,099
Feb 2011305,01685.644.18$23,536
Jan 2011415,30186.504.59$27,872
Dec 2010333,40185.734.35$17,616
Nov 2010384,52980.843.80$20,261
Oct 2010406,14978.103.51$24,700
Sep 201094,67372.633.98$19,250
Aug 2010355,31873.684.42$26,081
Jul 2010104,19572.554.74$20,595
Jun 2010275,99570.364.91$31,338
May 2010192,73871.124.24$12,947
Apr 2010324,63781.694.12$21,731
Mar 2010336,23878.394.39$29,963
Feb 2010516,84673.585.44$41,011
Jan 2010367,49474.365.96$47,372
Dec 2009296,73971.445.48$39,027
Nov 2009204,62774.593.75$18,850
Oct 2009237,71172.544.11$33,363
Sep 2009347,43965.543.06$25,027
Aug 2009358,15867.423.22$28,616
Jul 2009238,28861.133.46$30,120
Jun 2009358,12166.163.90$33,947
May 2009698,77854.743.93$38,237
Apr 2009329,06846.773.59$34,028
Mar 2009738,39142.144.06$37,135
Feb 2009338,28232.814.63$39,453
Jan 2009459,49935.865.37$52,633
Dec 2008698,95337.105.98$56,073
Nov 2008479,57055.496.86$68,262
Oct 20085910,34475.246.92$76,040
Sep 2008359,768101.767.88$80,505
Aug 20085710,082114.228.48$92,036
Jul 20087911,799131.0811.39$144,739
Jun 20086912,582131.3313.03$173,038
May 2008779,227123.1711.57$116,280
Apr 200812511,297110.3110.45$131,897
Mar 20089513,769101.909.66$142,745
Feb 2008709,56492.538.77$90,359
Jan 200813114,96790.388.21$134,655
Dec 20075913,84488.337.30$106,300
Nov 2007117,73491.677.29$129,403
Oct 20074482.856.92$359
Sep 20070075.846.24$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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                1,681 Mcf  × $  2.67 =     $4,493

────────────────────────────────────────────────────
Month total                                   $4,493

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/251523 is the state's own key, not one this site invented.