HOBDY 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 252396District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Apr 2009 – May 2026
Value, last 12 filed months
$218 k
at the published price for each month
Months reported
206
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
GasProduction2,776,952 Mcf$9,988,775
Total$9,988,775

Every month this lease reported (206)

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

206 months

May 20264,889106.413.05$14,891
Apr 20264,71198.932.87$13,519
Mar 20264,74289.753.15$14,935
Feb 20264,35963.503.75$16,348
Jan 20264,97859.138.00$39,814
Dec 20255,00856.664.41$22,102
Nov 20254,96058.593.93$19,475
Oct 20255,18359.383.30$17,129
Sep 20254,41762.743.08$13,591
Aug 20255,60063.933.01$16,883
Jul 20254,66766.743.32$15,472
Jun 20254,47766.483.13$14,007
May 20254,33860.553.23$14,022
Apr 20254,69562.363.54$16,635
Mar 20255,45967.704.27$23,301
Feb 20255,08870.884.34$22,086
Jan 20255,89374.324.28$25,214
Dec 20245,43168.993.12$16,952
Nov 20244,68269.052.20$10,293
Oct 20245,07171.372.28$11,569
Sep 20244,68469.612.36$11,075
Aug 20245,13375.632.06$10,593
Jul 20245,36079.932.15$11,506
Jun 20245,46678.082.63$14,397
May 20245,40978.812.20$11,891
Apr 20244,88184.451.66$8,099
Mar 20244,93680.301.55$7,627
Feb 20244,78576.091.78$8,535
Jan 20246,07073.023.30$20,017
Dec 20235,01471.262.61$13,090
Nov 20236,25877.892.81$17,570
Oct 20234,74485.443.09$14,646
Sep 20235,66889.042.74$15,502
Aug 20235,78480.522.67$15,460
Jul 20236,71174.852.64$17,729
Jun 20236,52868.962.26$14,743
May 20236,66270.622.23$14,839
Apr 20236,49578.122.24$14,534
Mar 20237,56172.852.39$18,095
Feb 20233,78475.112.47$9,330
Jan 20236,43376.533.39$21,793
Dec 20226,66076.415.73$38,156
Nov 20226,50185.005.65$36,706
Oct 20226,78187.185.86$39,762
Sep 20226,86384.888.16$56,027
Aug 20227,03994.529.13$64,246
Jul 20227,113101.587.54$53,647
Jun 20226,866115.097.98$54,771
May 20226,778109.378.43$57,159
Apr 20226,933104.226.84$47,405
Mar 20227,195108.885.08$36,525
Feb 20226,57591.054.86$31,947
Jan 20227,34181.844.54$33,311
Dec 20217,41371.323.90$28,904
Nov 20217,19977.435.24$37,700
Oct 20217,18579.795.71$41,054
Sep 20217,30769.865.35$39,099
Aug 20217,51066.024.22$31,697
Jul 20217,42770.783.98$29,575
Jun 20217,20569.493.38$24,357
May 20217,82363.483.02$23,607
Apr 20216,81460.362.76$18,796
Mar 20217,44061.302.72$20,214
Feb 20217,31957.805.55$40,605
Jan 20218,08550.412.81$22,721
Dec 20207,95244.642.68$21,275
Nov 20207,97038.772.71$21,571
Oct 20208,45336.972.48$20,950
Sep 20207,98837.091.99$15,904
Aug 20208,38539.982.39$19,999
Jul 20208,30138.371.83$15,150
Jun 20208,25934.901.69$13,960
May 20208,76316.921.81$15,903
Apr 20208,29714.751.80$14,971
Mar 20208,19830.341.86$15,217
Feb 20207,58349.881.98$15,019
Jan 20208,22857.252.09$17,236
Dec 20198,56759.012.30$19,741
Nov 20198,30255.302.75$22,836
Oct 20198,55653.472.42$20,693
Sep 20198,57555.052.66$22,786
Aug 20199,29453.112.30$21,417
Jul 20199,45556.272.46$23,260
Jun 20198,87552.782.49$22,109
May 20199,39258.482.74$25,737
Apr 20199,26762.632.75$25,491
Mar 20199,75056.803.06$29,855
Feb 20198,96450.852.79$25,029
Jan 20199,84346.033.23$31,775
Dec 201810,04846.594.19$42,055
Nov 20189,20752.934.24$39,012
Oct 20189,92261.443.40$33,716
Sep 20189,72659.543.11$30,228
Aug 201810,25659.403.07$31,451
Jul 201810,27365.142.93$30,119
Jun 201810,23660.183.08$31,495
May 201810,82565.382.90$31,401
Apr 20189,87463.842.90$28,643
Mar 201810,41961.222.79$29,036
Feb 20188,86761.782.77$24,527
Jan 201810,21362.874.01$40,947
Dec 201710,89657.272.92$31,833
Nov 201710,53555.423.12$32,852
Oct 201710,39549.292.98$31,015
Sep 20179,98947.523.09$30,839
Aug 201711,44145.373.00$34,373
Jul 201711,95643.873.09$36,912
Jun 201711,41542.493.09$35,241
May 201711,99945.373.26$39,158
Apr 201711,96647.933.21$38,430
Mar 201712,94646.772.98$38,627
Feb 201711,47550.452.95$33,881
Jan 201713,57749.413.42$46,417
Dec 201613,72648.763.72$51,100
Nov 201613,92542.492.64$36,823
Oct 201614,48946.193.09$44,775
Sep 201614,81341.553.10$45,930
Aug 201614,55841.442.92$42,573
Jul 201612,16341.622.92$35,569
Jun 201613,63245.352.69$36,613
May 201610,73042.521.99$21,364
Apr 201610,62636.561.99$21,157
Mar 201611,36033.011.79$20,380
Feb 20169,82226.472.06$20,269
Jan 201610,60527.352.36$25,074
Dec 201511,34132.362.00$22,698
Nov 201511,38938.792.17$24,684
Oct 201512,13943.552.43$29,456
Sep 201512,62242.992.76$34,817
Aug 201511,39540.162.87$32,732
Jul 201512,07848.152.95$35,571
Jun 201510,93656.152.88$31,527
May 201511,62855.212.96$34,366
Apr 201511,64249.822.71$31,510
Mar 201514,04942.892.93$41,230
Feb 201513,89544.662.98$41,354
Jan 201514,28943.433.10$44,305
Dec 201413,85854.693.59$49,769
Nov 201414,57170.464.25$61,954
Oct 201415,58778.303.90$60,804
Sep 201415,15686.164.05$61,313
Aug 201415,82289.394.04$63,844
Jul 201414,78296.564.18$61,783
Jun 201414,86098.164.74$70,390
May 201413,20094.734.73$62,391
Apr 201414,80395.944.81$71,189
Mar 201420,17295.895.06$102,006
Feb 201413,50597.406.19$83,623
Jan 201414,78890.404.86$71,880
Dec 201313,93691.824.35$60,684
Nov 201314,95688.853.74$55,910
Oct 201315,83297.423.78$59,835
Sep 201315,824104.113.72$58,830
Aug 201316,771104.253.52$59,078
Jul 201316,576102.523.72$61,625
Jun 201316,58594.403.93$65,236
May 201316,72994.834.15$69,410
Apr 201317,00293.964.28$72,813
Mar 201319,49093.623.91$76,262
Feb 201318,57791.233.42$63,532
Jan 201321,93891.603.42$75,026
Dec 201223,90586.773.42$81,759
Nov 201223,30586.953.62$84,480
Oct 201223,05289.383.40$78,369
Sep 201221,87594.672.92$63,840
Aug 201223,82792.662.91$69,293
Jul 201227,95285.133.02$84,437
Jun 201226,45879.822.52$66,649
May 201227,48291.612.49$68,384
Apr 201225,509101.652.00$50,936
Mar 201228,112105.052.22$62,467
Feb 201229,317101.102.57$75,352
Jan 201228,91698.092.73$79,059
Dec 201130,01796.873.24$97,247
Nov 201132,04095.723.31$106,093
Oct 201134,51884.983.65$125,940
Sep 201135,04483.623.99$139,678
Aug 201138,99383.404.15$161,794
Jul 201141,50194.144.52$187,470
Jun 201138,68292.904.64$179,480
May 201142,90098.134.40$188,967
Apr 201145,160105.964.33$195,691
Mar 201142,29696.364.06$171,609
Feb 201145,85085.644.18$191,652
Jan 201155,34486.504.59$253,961
Dec 201058,23685.734.35$253,196
Nov 201064,44480.843.80$244,586
Oct 201076,94178.103.51$269,978
Sep 201091,56472.633.98$364,376
Aug 201066,18073.684.42$292,473
Jul 201012,34472.554.74$58,467
Jun 201013,08470.364.91$64,248
May 201015,52871.124.24$65,765
Apr 201017,26981.694.12$71,195
Mar 201016,26778.394.39$71,390
Feb 201015,80973.585.44$86,038
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$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                4,889 Mcf  × $  3.05 =    $14,891

────────────────────────────────────────────────────
Month total                                  $14,891

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/252396 is the state's own key, not one this site invented.