PONDEROSA 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 251960District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
Dec 2008 – May 2026
Value, last 12 filed months
$157 k
at the published price for each month
Months reported
210
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
CondensateDisposition28 bbl$1,885
GasProduction1,450,117 Mcf$5,372,469
Total$5,374,354

Every month this lease reported (210)

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

210 months

May 202603,593106.413.05$10,944
Apr 202603,60198.932.87$10,334
Mar 202603,62589.753.15$11,417
Feb 202602,85763.503.75$10,715
Jan 202603,28259.138.00$26,249
Dec 202503,73156.664.41$16,466
Nov 202503,56658.593.93$14,002
Oct 202503,56659.383.30$11,785
Sep 202503,49862.743.08$10,763
Aug 202503,61563.933.01$10,898
Jul 202503,65466.743.32$12,114
Jun 202503,62766.483.13$11,348
May 202503,86860.553.23$12,503
Apr 202503,65662.363.54$12,954
Mar 202503,98567.704.27$17,009
Feb 202503,26570.884.34$14,173
Jan 202503,79774.324.28$16,246
Dec 202404,18368.993.12$13,057
Nov 202403,59269.052.20$7,897
Oct 202403,71671.372.28$8,478
Sep 202403,67469.612.36$8,687
Aug 202403,73575.632.06$7,708
Jul 202403,81179.932.15$8,181
Jun 202403,65578.082.63$9,627
May 202403,07378.812.20$6,756
Apr 202403,34084.451.66$5,542
Mar 202403,20480.301.55$4,951
Feb 202403,16976.091.78$5,652
Jan 202404,23573.023.30$13,966
Dec 202303,56971.262.61$9,318
Nov 202303,53077.892.81$9,911
Oct 202303,75085.443.09$11,577
Sep 202303,66089.042.74$10,010
Aug 202303,09580.522.67$8,273
Jul 202302,79174.852.64$7,373
Jun 202302,62868.962.26$5,935
May 202303,28370.622.23$7,313
Apr 202303,35078.122.24$7,497
Mar 202303,32272.852.39$7,950
Feb 202303,04075.112.47$7,496
Jan 202303,61076.533.39$12,230
Dec 202203,91276.415.73$22,412
Nov 202203,34985.005.65$18,909
Oct 202203,69887.185.86$21,684
Sep 202203,53584.888.16$28,859
Aug 202213,81194.529.13$34,878
Jul 202203,720101.587.54$28,057
Jun 202203,636115.097.98$29,005
May 202203,716109.378.43$31,337
Apr 202203,942104.226.84$26,954
Mar 202204,260108.885.08$21,625
Feb 202203,75991.054.86$18,264
Jan 202204,26181.844.54$19,335
Dec 202104,36071.323.90$17,000
Nov 202104,09077.435.24$21,419
Oct 202104,28379.795.71$24,473
Sep 202104,22069.865.35$22,581
Aug 202104,25466.024.22$17,954
Jul 202114,23970.783.98$16,951
Jun 202104,10369.493.38$13,871
May 202104,24963.483.02$12,822
Apr 202104,20660.362.76$11,602
Mar 202104,45461.302.72$12,101
Feb 202103,95857.805.55$21,959
Jan 202114,45150.412.81$12,559
Dec 202004,68944.642.68$12,545
Nov 202004,29238.772.71$11,617
Oct 202004,70936.972.48$11,671
Sep 202004,52237.091.99$9,003
Aug 202004,60039.982.39$10,971
Jul 202004,99838.371.83$9,122
Jun 202004,98534.901.69$8,426
May 202005,22716.921.81$9,486
Apr 202004,92714.751.80$8,890
Mar 202005,29730.341.86$9,832
Feb 202004,93749.881.98$9,779
Jan 202005,01857.252.09$10,511
Dec 201905,52559.012.30$12,732
Nov 201905,44055.302.75$14,964
Oct 201905,73653.472.42$13,873
Sep 201915,39555.052.66$14,391
Aug 201905,33053.112.30$12,282
Jul 201905,36256.272.46$13,191
Jun 201904,73052.782.49$11,783
May 201904,75058.482.74$13,017
Apr 201904,71362.632.75$12,964
Mar 201904,36556.803.06$13,366
Feb 201904,52450.852.79$12,632
Jan 201905,06646.033.23$16,354
Dec 201805,60846.594.19$23,472
Nov 201804,90452.934.24$20,779
Oct 201805,52361.443.40$18,768
Sep 201806,06159.543.11$18,838
Aug 201805,92759.403.07$18,176
Jul 201806,08865.142.93$17,849
Jun 201826,18860.183.08$19,160
May 201805,79765.382.90$16,816
Apr 201806,01063.842.90$17,434
Mar 201806,03261.222.79$16,810
Feb 201805,57161.782.77$15,410
Jan 201805,99062.874.01$24,016
Dec 201705,67557.272.92$16,580
Nov 201705,76155.423.12$17,965
Oct 201706,21949.292.98$18,556
Sep 201705,85647.523.09$18,079
Aug 201706,04645.373.00$18,165
Jul 201706,16443.873.09$19,030
Jun 201705,93042.493.09$18,308
May 201706,51445.373.26$21,258
Apr 201705,69847.933.21$18,300
Mar 201705,34246.772.98$15,939
Feb 201704,41950.452.95$13,048
Jan 201714,14849.413.42$14,231
Dec 201605,04848.763.72$18,793
Nov 201604,86742.492.64$12,870
Oct 201615,01646.193.09$15,547
Sep 201604,87741.553.10$15,122
Aug 201615,15641.442.92$15,119
Jul 201604,59741.622.92$13,443
Jun 201614,56045.352.69$12,293
May 201604,82742.521.99$9,611
Apr 201604,66536.561.99$9,288
Mar 201605,00033.011.79$8,970
Feb 201604,72726.472.06$9,755
Jan 201605,39727.352.36$12,760
Dec 201515,88432.362.00$11,809
Nov 201505,43838.792.17$11,786
Oct 201506,35243.552.43$15,414
Sep 201506,50542.992.76$17,944
Aug 201505,96440.162.87$17,132
Jul 201505,76748.152.95$16,984
Jun 201506,59956.152.88$19,024
May 201507,13755.212.96$21,093
Apr 201506,88249.822.71$18,627
Mar 201507,45842.892.93$21,887
Feb 201506,81944.662.98$20,295
Jan 201506,07043.433.10$18,821
Dec 201406,96354.693.59$25,007
Nov 201406,65570.464.25$28,296
Oct 201406,42978.303.90$25,079
Sep 201406,56286.164.05$26,546
Aug 201408,20789.394.04$33,116
Jul 201409,19496.564.18$38,427
Jun 201408,89098.164.74$42,111
May 201408,85294.734.73$41,840
Apr 201407,80795.944.81$37,545
Mar 201417,45695.895.06$37,799
Feb 201405,96797.406.19$36,948
Jan 201406,65090.404.86$32,324
Dec 201306,25191.824.35$27,220
Nov 201306,47188.853.74$24,190
Oct 201305,88797.423.78$22,249
Sep 201306,280104.113.72$23,347
Aug 201306,760104.253.52$23,813
Jul 201306,107102.523.72$22,704
Jun 201306,45394.403.93$25,382
May 201307,65594.834.15$31,761
Apr 201306,76893.964.28$28,985
Mar 201307,35393.623.91$28,771
Feb 201306,85291.233.42$23,433
Jan 201307,36291.603.42$25,177
Dec 201207,62686.773.42$26,082
Nov 201206,83986.953.62$24,791
Oct 201206,97589.383.40$23,713
Sep 201208,77094.672.92$25,594
Aug 201207,69492.662.91$22,375
Jul 2012010,63985.133.02$32,138
Jun 2012011,27379.822.52$28,397
May 2012012,17891.612.49$30,303
Apr 2012012,559101.652.00$25,078
Mar 2012013,768105.052.22$30,594
Feb 2012011,591101.102.57$29,792
Jan 2012010,42598.092.73$28,503
Dec 2011011,87896.873.24$38,482
Nov 2011011,45295.723.31$37,921
Oct 2011012,08384.983.65$44,085
Sep 2011013,12983.623.99$52,330
Aug 2011013,91383.404.15$57,729
Jul 2011014,66794.144.52$66,254
Jun 2011014,05992.904.64$65,232
May 2011015,84198.134.40$69,777
Apr 2011016,010105.964.33$69,376
Mar 2011217,56496.364.06$71,456
Feb 2011012,17885.644.18$50,904
Jan 2011015,04286.504.59$69,024
Dec 2010014,61585.734.35$63,542
Nov 2010014,06080.843.80$53,362
Oct 2010014,71178.103.51$51,619
Sep 2010215,17572.633.98$60,534
Aug 2010015,72473.684.42$69,490
Jul 2010016,63872.554.74$78,806
Jun 2010018,16470.364.91$89,193
May 2010020,67471.124.24$87,559
Apr 2010021,98781.694.12$90,646
Mar 2010024,21878.394.39$106,285
Feb 2010023,64373.585.44$128,674
Jan 2010028,61574.365.96$170,662
Dec 20091032,90071.445.48$181,130
Nov 2009037,59274.593.75$141,026
Oct 2009053,82972.544.11$221,251
Sep 200927,10165.543.06$21,894
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

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                3,593 Mcf  × $  3.05 =    $10,944

────────────────────────────────────────────────────
Month total                                  $10,944

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/251960 is the state's own key, not one this site invented.