QUARRY

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 251988District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Feb 2009 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
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
GasProduction1,192,516 Mcf$4,279,482
Total$4,279,482

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 20262,085106.413.05$6,351
Apr 20262,30098.932.87$6,600
Mar 20261,47889.753.15$4,655
Feb 20261,36163.503.75$5,104
Jan 20261,58259.138.00$12,653
Dec 20252,08056.664.41$9,180
Nov 20252,25758.593.93$8,862
Oct 20252,28559.383.30$7,552
Sep 20252,52562.743.08$7,769
Aug 20252,48863.933.01$7,501
Jul 20252,39866.743.32$7,950
Jun 20252,43566.483.13$7,618
May 20252,84860.553.23$9,206
Apr 20252,56062.363.54$9,070
Mar 20252,87167.704.27$12,254
Feb 20253,00770.884.34$13,053
Jan 20252,93874.324.28$12,571
Dec 20242,89368.993.12$9,030
Nov 20242,67169.052.20$5,872
Oct 20242,93571.372.28$6,696
Sep 20243,01869.612.36$7,136
Aug 20243,16875.632.06$6,538
Jul 20242,75479.932.15$5,912
Jun 20242,73278.082.63$7,196
May 20242,94478.812.20$6,472
Apr 20242,76284.451.66$4,583
Mar 20243,03480.301.55$4,688
Feb 20242,70576.091.78$4,825
Jan 20243,20373.023.30$10,562
Dec 20233,35271.262.61$8,751
Nov 20233,52377.892.81$9,891
Oct 20233,46385.443.09$10,691
Sep 20233,16789.042.74$8,662
Aug 20233,36080.522.67$8,981
Jul 20232,97074.852.64$7,846
Jun 20233,14268.962.26$7,096
May 20233,64670.622.23$8,121
Apr 20233,15878.122.24$7,067
Mar 202346672.852.39$1,115
Feb 20231,20675.112.47$2,974
Jan 202350076.533.39$1,694
Dec 202277676.415.73$4,446
Nov 20221,45185.005.65$8,193
Oct 202257487.185.86$3,366
Sep 20223,44584.888.16$28,124
Aug 20223,49494.529.13$31,890
Jul 20221,519101.587.54$11,456
Jun 20221,007115.097.98$8,033
May 20221,863109.378.43$15,711
Apr 2022889104.226.84$6,079
Mar 20222,258108.885.08$11,463
Feb 20223,26691.054.86$15,869
Jan 20224,06081.844.54$18,423
Dec 20214,11171.323.90$16,029
Nov 20214,16077.435.24$21,785
Oct 20213,24479.795.71$18,536
Sep 2021069.865.35$0
Aug 202117766.024.22$747
Jul 20211,09970.783.98$4,376
Jun 20212,01069.493.38$6,795
May 20213,34663.483.02$10,097
Apr 20214,04060.362.76$11,144
Mar 20213,88461.302.72$10,553
Feb 20212,97857.805.55$16,522
Jan 20213,40150.412.81$9,558
Dec 20204,05244.642.68$10,841
Nov 20203,74838.772.71$10,144
Oct 20203,56836.972.48$8,843
Sep 20203,23137.091.99$6,433
Aug 20203,38639.982.39$8,076
Jul 20203,57638.371.83$6,527
Jun 20203,73434.901.69$6,312
May 20203,55716.921.81$6,455
Apr 20204,72114.751.80$8,518
Mar 20205,17330.341.86$9,602
Feb 20203,90649.881.98$7,737
Jan 20203,66457.252.09$7,675
Dec 20195,50259.012.30$12,679
Nov 20195,20355.302.75$14,312
Oct 20195,18253.472.42$12,533
Sep 20194,89155.052.66$12,997
Aug 20194,99353.112.30$11,506
Jul 20193,79556.272.46$9,336
Jun 20194,71352.782.49$11,741
May 20195,47158.482.74$14,992
Apr 20195,37262.632.75$14,777
Mar 20194,76856.803.06$14,600
Feb 20194,19250.852.79$11,705
Jan 20194,73146.033.23$15,273
Dec 20183,98046.594.19$16,658
Nov 20183,77752.934.24$16,004
Oct 20183,93161.443.40$13,358
Sep 20183,98859.543.11$12,395
Aug 20182,97459.403.07$9,120
Jul 20183,27465.142.93$9,599
Jun 20185,76360.183.08$17,732
May 20184,92765.382.90$14,292
Apr 20185,43863.842.90$15,775
Mar 20185,71761.222.79$15,932
Feb 20184,34361.782.77$12,013
Jan 20184,74462.874.01$19,020
Dec 20174,81557.272.92$14,067
Nov 20172,57155.423.12$8,017
Oct 2017049.292.98$0
Sep 20171,39147.523.09$4,294
Aug 201718045.373.00$541
Jul 20173,31243.873.09$10,225
Jun 20173,55642.493.09$10,978
May 20173,73145.373.26$12,176
Apr 20173,49647.933.21$11,228
Mar 20174,01246.772.98$11,971
Feb 20174,05450.452.95$11,970
Jan 20174,09349.413.42$13,993
Dec 20164,36048.763.72$16,232
Nov 20164,57042.492.64$12,085
Oct 20164,73846.193.09$14,642
Sep 20164,85441.553.10$15,050
Aug 20165,34841.442.92$15,639
Jul 20165,37641.622.92$15,721
Jun 20165,20845.352.69$13,988
May 20165,56242.521.99$11,074
Apr 20164,91436.561.99$9,784
Mar 20164,79533.011.79$8,602
Feb 20164,94626.472.06$10,207
Jan 20165,04627.352.36$11,931
Dec 20155,20032.362.00$10,407
Nov 20154,82938.792.17$10,466
Oct 20156,30643.552.43$15,302
Sep 20156,57842.992.76$18,145
Aug 20157,52940.162.87$21,627
Jul 20156,32448.152.95$18,625
Jun 20156,16056.152.88$17,758
May 20157,95555.212.96$23,511
Apr 20154,91549.822.71$13,303
Mar 20153,60542.892.93$10,580
Feb 20153,03944.662.98$9,045
Jan 20153,47643.433.10$10,778
Dec 20146,09754.693.59$21,897
Nov 20148,90170.464.25$37,846
Oct 20148,24978.303.90$32,179
Sep 20144,05286.164.05$16,392
Aug 20144,57889.394.04$18,473
Jul 20146,69996.564.18$27,999
Jun 20147,56798.164.74$35,844
May 201410,34594.734.73$48,896
Apr 201411,90995.944.81$57,272
Mar 201412,53495.895.06$63,382
Feb 20141,36197.406.19$8,427
Jan 20145490.404.86$262
Dec 2013091.824.35$0
Nov 20131888.853.74$67
Oct 201380697.423.78$3,046
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20134102.523.72$15
Jun 20132194.403.93$83
May 20138094.834.15$332
Apr 20131393.964.28$56
Mar 20133,71593.623.91$14,536
Feb 20135,64191.233.42$19,292
Jan 20137,14491.603.42$24,432
Dec 20125,92986.773.42$20,278
Nov 20125,08686.953.62$18,437
Oct 20127,40189.383.40$25,161
Sep 20128,21794.672.92$23,980
Aug 20127,37292.662.91$21,439
Jul 20128,03685.133.02$24,275
Jun 20128,25979.822.52$20,805
May 20129,32391.612.49$23,199
Apr 201210,030101.652.00$20,028
Mar 201210,491105.052.22$23,312
Feb 20129,593101.102.57$24,656
Jan 201211,39198.092.73$31,144
Dec 20118,47996.873.24$27,470
Nov 20116,89995.723.31$22,845
Oct 20116,85284.983.65$25,000
Sep 20116,94483.623.99$27,677
Aug 20116,92183.404.15$28,717
Jul 20117,44294.144.52$33,617
Jun 20118,12192.904.64$37,680
May 20116,56898.134.40$28,931
Apr 20118,368105.964.33$36,261
Mar 201112,99396.364.06$52,717
Feb 20118,91385.644.18$37,256
Jan 201111,23986.504.59$51,573
Dec 201012,60185.734.35$54,786
Nov 201012,94980.843.80$49,146
Oct 201015,13778.103.51$53,114
Sep 201015,89872.633.98$63,266
Aug 201016,65273.684.42$73,591
Jul 20109,26872.554.74$43,898
Jun 20107,75870.364.91$38,095
May 201018,08671.124.24$76,598
Apr 201019,73981.694.12$81,378
Mar 201022,72778.394.39$99,741
Feb 201021,79273.585.44$118,600
Jan 201024,91874.365.96$148,613
Dec 200929,89271.445.48$163,920
Nov 200926,90374.593.75$100,927
Oct 200939,29972.544.11$161,529
Sep 200949,14165.543.06$150,605
Aug 200966,95067.423.22$215,479
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$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.

May 2026 — as filed, then multipliedworked
Gas                2,085 Mcf  × $  3.05 =     $6,351

────────────────────────────────────────────────────
Month total                                   $6,351

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/251988 is the state's own key, not one this site invented.