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 251979District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Feb 2009 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
208
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 Gas112009-12-30196157
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
CondensateDisposition12,393 bbl$874,650
GasProduction1,437,321 Mcf$5,263,820
Total$6,138,470

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 33.2430, -97.2387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24301, -97.23875 · 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
8,659 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 8,659 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-12133637A 2H8,659 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 (208)

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

208 months

May 202600106.413.05$0
Apr 202602,51698.932.87$7,220
Mar 202613,63989.753.15$11,551
Feb 2026311,09263.503.75$6,064
Jan 202602,48859.138.00$19,899
Dec 202503,30456.664.41$14,582
Nov 202501,15958.593.93$4,551
Oct 202541,36959.383.30$4,762
Sep 2025271,63462.743.08$6,722
Aug 202502,55963.933.01$7,715
Jul 202502,73766.743.32$9,074
Jun 202502,51366.483.13$7,862
May 202502,54160.553.23$8,213
Apr 202522,52162.363.54$9,057
Mar 2025362,75767.704.27$14,205
Feb 202502,35370.884.34$10,214
Jan 202532,67774.324.28$11,677
Dec 2024142,74968.993.12$9,547
Nov 202472,85769.052.20$6,764
Oct 2024222,74271.372.28$7,826
Sep 202402,72169.612.36$6,433
Aug 202452,95375.632.06$6,472
Jul 2024242,70979.932.15$7,733
Jun 202402,66278.082.63$7,012
May 202402,89778.812.20$6,369
Apr 202402,80984.451.66$4,661
Mar 2024682,54180.301.55$9,387
Feb 202402,70576.091.78$4,825
Jan 202402,72773.023.30$8,993
Dec 2023832,88371.262.61$13,441
Nov 202302,83977.892.81$7,971
Oct 202302,95885.443.09$9,132
Sep 202302,60089.042.74$7,111
Aug 202302,89280.522.67$7,730
Jul 202303,27474.852.64$8,649
Jun 202302,96168.962.26$6,687
May 202302,61270.622.23$5,818
Apr 2023972,08878.122.24$12,250
Mar 2023096972.852.39$2,319
Feb 202302,66175.112.47$6,561
Jan 202302,98676.533.39$10,116
Dec 202203,08676.415.73$17,680
Nov 202203,02785.005.65$17,091
Oct 202202,73787.185.86$16,049
Sep 202202,93884.888.16$23,985
Aug 202202,30594.529.13$21,038
Jul 202203,067101.587.54$23,132
Jun 202203,143115.097.98$25,072
May 202203,491109.378.43$29,440
Apr 2022892,610104.226.84$27,122
Mar 202203,262108.885.08$16,559
Feb 202202,95791.054.86$14,368
Jan 202203,26281.844.54$14,802
Dec 202103,22371.323.90$12,567
Nov 202103,09877.435.24$16,224
Oct 202103,45079.795.71$19,713
Sep 202102,73069.865.35$14,608
Aug 202103,14966.024.22$13,291
Jul 2021123,20570.783.98$13,612
Jun 202103,59769.493.38$12,160
May 202103,43263.483.02$10,357
Apr 202103,14360.362.76$8,670
Mar 202104,03661.302.72$10,966
Feb 202102,93657.805.55$16,289
Jan 202103,66550.412.81$10,300
Dec 202002,26144.642.68$6,049
Nov 202003,12838.772.71$8,466
Oct 202004,27236.972.48$10,588
Sep 202004,21737.091.99$8,396
Aug 20201014,39839.982.39$14,528
Jul 202004,40038.371.83$8,031
Jun 202004,25934.901.69$7,199
May 202004,40016.921.81$7,985
Apr 202004,54214.751.80$8,195
Mar 202004,33230.341.86$8,041
Feb 20201874,17649.881.98$17,599
Jan 202004,45157.252.09$9,324
Dec 201904,35859.012.30$10,042
Nov 201904,43355.302.75$12,194
Oct 201904,58953.472.42$11,099
Sep 201904,11255.052.66$10,927
Aug 201904,72553.112.30$10,888
Jul 201904,64856.272.46$11,434
Jun 201904,44352.782.49$11,068
May 201904,87658.482.74$13,362
Apr 201904,66162.632.75$12,821
Mar 201905,05456.803.06$15,476
Feb 201904,39850.852.79$12,280
Jan 201904,88346.033.23$15,763
Dec 201805,01746.594.19$20,998
Nov 201804,82752.934.24$20,453
Oct 201805,62661.443.40$19,118
Sep 201825,05259.543.11$15,821
Aug 201805,01559.403.07$15,379
Jul 20181634,68465.142.93$24,351
Jun 201804,83960.183.08$14,889
May 201805,05065.382.90$14,649
Apr 201804,92963.842.90$14,298
Mar 201805,15661.222.79$14,369
Feb 201804,56961.782.77$12,638
Jan 201805,23962.874.01$21,005
Dec 201705,18757.272.92$15,154
Nov 201705,07655.423.12$15,829
Oct 201705,23449.292.98$15,617
Sep 201705,05547.523.09$15,606
Aug 201705,34145.373.00$16,047
Jul 201705,36043.873.09$16,548
Jun 2017795,25142.493.09$19,568
May 201705,26445.373.26$17,179
Apr 201704,66047.933.21$14,966
Mar 201704,82146.772.98$14,384
Feb 20171054,39950.452.95$18,286
Jan 201705,06149.413.42$17,303
Dec 201605,62648.763.72$20,945
Nov 201605,52542.492.64$14,610
Oct 201605,78846.193.09$17,886
Sep 201605,74641.553.10$17,816
Aug 2016785,44041.442.92$19,141
Jul 201605,53641.622.92$16,189
Jun 201605,80045.352.69$15,578
May 201605,56742.521.99$11,084
Apr 20161325,53036.561.99$15,836
Mar 201606,01933.011.79$10,798
Feb 201605,97426.472.06$12,328
Jan 201606,39627.352.36$15,122
Dec 2015786,34832.362.00$15,229
Nov 201506,00538.792.17$13,015
Oct 201506,72643.552.43$16,321
Sep 201506,28242.992.76$17,328
Aug 201506,62840.162.87$19,039
Jul 2015985,20748.152.95$20,054
Jun 201506,65556.152.88$19,185
May 201506,98155.212.96$20,632
Apr 201506,22749.822.71$16,854
Mar 201506,58342.892.93$19,319
Feb 2015736,22344.662.98$21,781
Jan 201507,22143.433.10$22,390
Dec 201407,13254.693.59$25,614
Nov 201406,99470.464.25$29,737
Oct 2014937,36278.303.90$36,001
Sep 201407,30086.164.05$29,532
Aug 2014696,90689.394.04$34,034
Jul 201406,99396.564.18$29,228
Jun 201406,89098.164.74$32,637
May 201407,32994.734.73$34,641
Apr 201406,83395.944.81$32,861
Mar 20141977,48695.895.06$56,746
Feb 201406,93497.406.19$42,935
Jan 201407,18590.404.86$34,924
Dec 201307,68091.824.35$33,442
Nov 20131987,98688.853.74$47,446
Oct 201307,81297.423.78$29,524
Sep 201308,141104.113.72$30,266
Aug 201308,021104.253.52$28,255
Jul 201308,467102.523.72$31,478
Jun 201308,37294.403.93$32,931
May 201309,03194.834.15$37,470
Apr 201309,00693.964.28$38,569
Mar 20131628,94893.623.91$50,179
Feb 201307,58991.233.42$25,954
Jan 201309,07391.603.42$31,029
Dec 201209,02286.773.42$30,857
Nov 201208,25986.953.62$29,939
Oct 201208,96789.383.40$30,485
Sep 20121188,46594.672.92$35,875
Aug 201208,82492.662.91$25,662
Jul 20121759,09585.133.02$42,372
Jun 201208,69279.822.52$21,896
May 201204391.612.49$107
Apr 201207,619101.652.00$15,214
Mar 20121878,813105.052.22$39,228
Feb 201208,178101.102.57$21,019
Jan 201208,75598.092.73$23,937
Dec 20111597,99396.873.24$41,298
Nov 20111887,98495.723.31$44,433
Oct 201107,74184.983.65$28,243
Sep 201109,52783.623.99$37,973
Aug 2011010,40983.404.15$43,190
Jul 201109,35594.144.52$42,259
Jun 20111929,81692.904.64$63,382
May 201109,05098.134.40$39,864
Apr 201109,105105.964.33$39,455
Mar 201106,88396.364.06$27,927
Feb 201108,48185.644.18$35,450
Jan 201107,96386.504.59$36,540
Dec 201008,38985.734.35$36,473
Nov 20100380.843.80$11
Oct 2010051778.103.51$1,814
Sep 20101936,36772.633.98$39,355
Aug 2010020,78073.684.42$91,834
Jul 201019422,08672.554.74$118,685
Jun 201019222,18670.364.91$122,451
May 201019324,11671.124.24$115,863
Apr 201019524,76981.694.12$118,044
Mar 201040127,50678.394.39$152,149
Feb 201020418,69273.585.44$116,739
Jan 201061324,76374.365.96$193,271
Dec 200951129,97271.445.48$200,865
Nov 200957036,87074.593.75$180,834
Oct 200970532,53172.544.11$184,851
Sep 200995146,19065.543.06$203,889
Aug 20091,59156,54167.423.22$289,242
Jul 20091,93168,71861.133.46$356,116
Jun 200959032,85266.163.90$166,993
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$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                2,516 Mcf  × $  2.87 =     $7,220

────────────────────────────────────────────────────
Month total                                   $7,220

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/251979 is the state's own key, not one this site invented.