USA TRUST

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 251978District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
209
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-11-12193590
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition7,763 bbl$569,158
GasProduction960,135 Mcf$3,538,207
Total$4,107,364

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2424, -97.2423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24242, -97.24226 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,627 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,627 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-12133635A 1H8,627 ftJun 2009

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (209)

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

209 months

May 202600106.413.05$0
Apr 202601,33198.932.87$3,820
Mar 2026184389.753.15$2,745
Feb 2026281,19163.503.75$6,245
Jan 202601,61159.138.00$12,885
Dec 202501,69356.664.41$7,472
Nov 202501,10158.593.93$4,323
Oct 202531,33259.383.30$4,580
Sep 2025241,62962.743.08$6,518
Aug 202501,48763.933.01$4,483
Jul 2025083066.743.32$2,752
Jun 202501,75066.483.13$5,475
May 202501,23360.553.23$3,985
Apr 202521,79862.363.54$6,495
Mar 2025332,41367.704.27$12,534
Feb 2025098370.884.34$4,267
Jan 202531,84574.324.28$8,117
Dec 2024121,96368.993.12$6,955
Nov 202461,81469.052.20$4,402
Oct 2024201,95871.372.28$5,894
Sep 202402,02869.612.36$4,795
Aug 202442,16875.632.06$4,776
Jul 2024212,80879.932.15$7,706
Jun 202402,96278.082.63$7,802
May 202402,35378.812.20$5,173
Apr 202402,18384.451.66$3,622
Mar 2024611,92780.301.55$7,876
Feb 202401,95876.091.78$3,492
Jan 202401,82073.023.30$6,002
Dec 2023751,91271.262.61$10,336
Nov 202302,00377.892.81$5,624
Oct 202302,15085.443.09$6,638
Sep 202302,00389.042.74$5,478
Aug 202302,25780.522.67$6,033
Jul 2023091974.852.64$2,428
Jun 202302,09468.962.26$4,729
May 202302,06370.622.23$4,595
Apr 2023852,02078.122.24$11,160
Mar 202301,00472.852.39$2,403
Feb 2023077875.112.47$1,918
Jan 202301,43076.533.39$4,844
Dec 202202,22076.415.73$12,719
Nov 202202,35585.005.65$13,297
Oct 202202,30787.185.86$13,528
Sep 202202,31984.888.16$18,932
Aug 202202,46694.529.13$22,508
Jul 202202,353101.587.54$17,747
Jun 202202,383115.097.98$19,010
May 202202,450109.378.43$20,661
Apr 2022762,281104.226.84$23,517
Mar 202202,488108.885.08$12,630
Feb 202202,18491.054.86$10,612
Jan 202202,18081.844.54$9,892
Dec 202102,60571.323.90$10,157
Nov 202102,35977.435.24$12,354
Oct 202102,55479.795.71$14,593
Sep 202102,42369.865.35$12,965
Aug 202102,64466.024.22$11,159
Jul 2021102,65170.783.98$11,264
Jun 202102,47969.493.38$8,381
May 202102,59863.483.02$7,840
Apr 202102,49960.362.76$6,893
Mar 202102,80061.302.72$7,607
Feb 202102,19157.805.55$12,156
Jan 202101,99750.412.81$5,612
Dec 202002,21844.642.68$5,934
Nov 202002,55438.772.71$6,913
Oct 202003,09236.972.48$7,663
Sep 202002,98137.091.99$5,935
Aug 2020773,09339.982.39$10,456
Jul 202003,10038.371.83$5,658
Jun 202003,06134.901.69$5,174
May 202003,10916.921.81$5,642
Apr 202002,98814.751.80$5,391
Mar 202003,18330.341.86$5,908
Feb 20201603,00049.881.98$13,923
Jan 202003,25457.252.09$6,816
Dec 201903,27559.012.30$7,547
Nov 201903,21155.302.75$8,833
Oct 201903,33153.472.42$8,056
Sep 201903,09055.052.66$8,211
Aug 201903,23653.112.30$7,457
Jul 201903,33056.272.46$8,192
Jun 201903,23052.782.49$8,047
May 201903,43258.482.74$9,405
Apr 201903,16962.632.75$8,717
Mar 201903,42556.803.06$10,488
Feb 201903,03250.852.79$8,466
Jan 201903,24546.033.23$10,475
Dec 201803,27546.594.19$13,707
Nov 201803,20752.934.24$13,589
Oct 201803,60261.443.40$12,240
Sep 201803,25659.543.11$10,120
Aug 201803,37459.403.07$10,347
Jul 20181613,31565.142.93$20,207
Jun 201803,20460.183.08$9,858
May 201803,35065.382.90$9,718
Apr 201803,14163.842.90$9,111
Mar 201803,26761.222.79$9,105
Feb 201803,01961.782.77$8,351
Jan 201803,48062.874.01$13,952
Dec 201703,50557.272.92$10,240
Nov 201703,36255.423.12$10,484
Oct 201703,56249.292.98$10,628
Sep 201703,47947.523.09$10,741
Aug 201703,63745.373.00$10,927
Jul 201703,66143.873.09$11,303
Jun 20171033,56942.493.09$15,395
May 201703,59645.373.26$11,735
Apr 201703,16447.933.21$10,162
Mar 201703,07046.772.98$9,160
Feb 201702,81250.452.95$8,303
Jan 201703,16849.413.42$10,831
Dec 2016723,49948.763.72$16,537
Nov 201603,39542.492.64$8,978
Oct 201603,57246.193.09$11,038
Sep 201603,40141.553.10$10,545
Aug 2016993,50141.442.92$14,341
Jul 201603,51141.622.92$10,267
Jun 201603,48845.352.69$9,368
May 201603,52342.521.99$7,014
Apr 2016633,50636.561.99$9,284
Mar 201603,69333.011.79$6,625
Feb 201603,03726.472.06$6,267
Jan 201603,92627.352.36$9,282
Dec 20151193,97132.362.00$11,798
Nov 201503,72938.792.17$8,082
Oct 201502,07643.552.43$5,038
Sep 201504,29842.992.76$11,856
Aug 201504,00140.162.87$11,493
Jul 201502,61048.152.95$7,687
Jun 201502,73756.152.88$7,890
May 201505,42155.212.96$16,021
Apr 20151023,44349.822.71$14,400
Mar 201504,76742.892.93$13,990
Feb 201504,32944.662.98$12,884
Jan 201504,94143.433.10$15,320
Dec 201404,88454.693.59$17,540
Nov 201404,82270.464.25$20,502
Oct 2014835,03578.303.90$26,140
Sep 201404,98686.164.05$20,171
Aug 20141245,28289.394.04$32,398
Jul 201405,23496.564.18$21,876
Jun 201405,13398.164.74$24,314
May 201405,39694.734.73$25,505
Apr 201405,08095.944.81$24,430
Mar 201405,46095.895.06$27,610
Feb 20141944,89497.406.19$49,199
Jan 201405,50490.404.86$26,753
Dec 201305,48591.824.35$23,884
Nov 201305,52388.853.74$20,647
Oct 20131945,88197.423.78$41,126
Sep 201304,920104.113.72$18,291
Aug 201305,381104.253.52$18,955
Jul 201305,926102.523.72$22,031
Jun 201305,60494.403.93$22,043
May 201306,12994.834.15$25,430
Apr 201306,13893.964.28$26,287
Mar 2013336,52893.623.91$28,633
Feb 201305,92291.233.42$20,253
Jan 201306,57891.603.42$22,496
Dec 201206,41186.773.42$21,927
Nov 201204,94086.953.62$17,907
Oct 201205,79289.383.40$19,691
Sep 2012726,03294.672.92$24,420
Aug 201206,38592.662.91$18,569
Jul 20121786,71685.133.02$35,441
Jun 201206,53279.822.52$16,454
May 201204091.612.49$100
Apr 201207,150101.652.00$14,277
Mar 20121857,520105.052.22$36,144
Feb 201207,076101.102.57$18,187
Jan 20121757,93498.092.73$38,858
Dec 201108,22096.873.24$26,631
Nov 201109,01395.723.31$29,845
Oct 201108,91384.983.65$32,519
Sep 20111918,59083.623.99$50,209
Aug 201108,96483.404.15$37,195
Jul 201109,01994.144.52$40,741
Jun 20111935,77792.904.64$44,734
May 201107,42798.134.40$32,715
Apr 201106,534105.964.33$28,314
Mar 20111949,04996.364.06$55,409
Feb 201108,62685.644.18$36,057
Jan 2011011,06486.504.59$50,770
Dec 201039313,28285.734.35$91,439
Nov 20100080.843.80$0
Oct 201002,34278.103.51$8,218
Sep 201003,18072.633.98$12,655
Aug 2010010,73273.684.42$47,429
Jul 201019311,51072.554.74$68,519
Jun 2010011,73770.364.91$57,633
May 201019212,65471.124.24$67,248
Apr 2010012,97781.694.12$53,500
Mar 201041213,95178.394.39$93,523
Feb 2010013,70973.585.44$74,609
Jan 201019817,91474.365.96$121,564
Dec 200930618,84471.445.48$125,196
Nov 200923918,80174.593.75$88,359
Oct 200955518,23372.544.11$115,202
Sep 200944920,91165.543.06$93,514
Aug 200940026,64667.423.22$112,728
Jul 200999135,52461.133.46$183,653
Jun 200919921,21966.163.90$95,814
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

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,331 Mcf  × $  2.87 =     $3,820

────────────────────────────────────────────────────
Month total                                   $3,820

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/251978 is the state's own key, not one this site invented.