BA PEPPER 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 253122District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Mar 2009 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
207
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
GasProduction894,229 Mcf$3,494,681
Total$3,494,681

Every month this lease reported (207)

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

207 months

May 20263,050106.413.05$9,290
Apr 20263,02098.932.87$8,667
Mar 20262,95789.753.15$9,313
Feb 20261,58863.503.75$5,956
Jan 20262,62959.138.00$21,027
Dec 20252,73856.664.41$12,084
Nov 20252,22558.593.93$8,736
Oct 20252,25659.383.30$7,456
Sep 202599562.743.08$3,062
Aug 2025063.933.01$0
Jul 20251466.743.32$46
Jun 20251,09766.483.13$3,432
May 20252,22960.553.23$7,205
Apr 202586962.363.54$3,079
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 20236670.622.23$147
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 20232,46575.112.47$6,078
Jan 20233,46576.533.39$11,738
Dec 20221,49776.415.73$8,576
Nov 20222,18785.005.65$12,348
Oct 20222,60587.185.86$15,275
Sep 20221,11684.888.16$9,111
Aug 20223,21894.529.13$29,371
Jul 20221,564101.587.54$11,796
Jun 20221,169115.097.98$9,325
May 20222,169109.378.43$18,291
Apr 20222,891104.226.84$19,768
Mar 20222,403108.885.08$12,199
Feb 20221,07191.054.86$5,204
Jan 20221,84481.844.54$8,367
Dec 202118871.323.90$733
Nov 20211,94077.435.24$10,159
Oct 20212,79979.795.71$15,993
Sep 20212,85869.865.35$15,293
Aug 20213,19366.024.22$13,476
Jul 20213,87170.783.98$15,415
Jun 202123669.493.38$798
May 20211,85363.483.02$5,592
Apr 20213,87460.362.76$10,686
Mar 20212,39261.302.72$6,499
Feb 20211,22657.805.55$6,802
Jan 20212,78750.412.81$7,832
Dec 20203,17544.642.68$8,495
Nov 20202,90238.772.71$7,854
Oct 20203,39036.972.48$8,402
Sep 20203,23537.091.99$6,441
Aug 20203,31139.982.39$7,897
Jul 20203,62338.371.83$6,612
Jun 20202,82834.901.69$4,780
May 20203,87116.921.81$7,025
Apr 20202,98514.751.80$5,386
Mar 20205,09030.341.86$9,448
Feb 20203,32049.881.98$6,576
Jan 20203,95657.252.09$8,287
Dec 20192,82359.012.30$6,505
Nov 20193,61055.302.75$9,930
Oct 20193,46653.472.42$8,383
Sep 20192,45155.052.66$6,513
Aug 20193,18453.112.30$7,337
Jul 20193,56556.272.46$8,770
Jun 20193,47452.782.49$8,654
May 20192,92958.482.74$8,026
Apr 20193,32162.632.75$9,135
Mar 20194,08656.803.06$12,512
Feb 20193,19850.852.79$8,930
Jan 20194,42546.033.23$14,285
Dec 20185,57646.594.19$23,338
Nov 20184,75152.934.24$20,131
Oct 20185,01461.443.40$17,038
Sep 20185,41959.543.11$16,842
Aug 201847059.403.07$1,441
Jul 2018065.142.93$0
Jun 20181,52260.183.08$4,683
May 20181,94165.382.90$5,630
Apr 20181,88263.842.90$5,459
Mar 20182,95561.222.79$8,235
Feb 20182,16261.782.77$5,980
Jan 20181,78762.874.01$7,165
Dec 20173,32057.272.92$9,699
Nov 20173,06155.423.12$9,545
Oct 20172,20149.292.98$6,567
Sep 20175,01547.523.09$15,483
Aug 20175,99545.373.00$18,011
Jul 20174,11843.873.09$12,713
Jun 20172,55942.493.09$7,900
May 20172,84845.373.26$9,294
Apr 20173,41047.933.21$10,952
Mar 20172,44046.772.98$7,280
Feb 20172,72450.452.95$8,043
Jan 20172,59149.413.42$8,858
Dec 20162,76148.763.72$10,279
Nov 20163,15842.492.64$8,351
Oct 20162,86146.193.09$8,841
Sep 20162,97241.553.10$9,215
Aug 20163,46241.442.92$10,124
Jul 20162,99141.622.92$8,747
Jun 20162,78445.352.69$7,477
May 20163,49342.521.99$6,955
Apr 20163,63436.561.99$7,235
Mar 20165,06033.011.79$9,078
Feb 2016026.472.06$0
Jan 20162,68327.352.36$6,344
Dec 20154,88232.362.00$9,771
Nov 201571738.792.17$1,554
Oct 20155,21943.552.43$12,664
Sep 20153,73642.992.76$10,305
Aug 20154,40640.162.87$12,656
Jul 20154,40348.152.95$12,967
Jun 20154,38756.152.88$12,647
May 20155,69855.212.96$16,840
Apr 20155,27849.822.71$14,285
Mar 20155,06442.892.93$14,861
Feb 20155,02044.662.98$14,940
Jan 20154,40543.433.10$13,658
Dec 20143,98254.693.59$14,301
Nov 20143,88270.464.25$16,506
Oct 20144,86978.303.90$18,994
Sep 20143,85486.164.05$15,591
Aug 20145,09089.394.04$20,539
Jul 20146,49396.564.18$27,138
Jun 20141,15898.164.74$5,485
May 20146,52794.734.73$30,850
Apr 20146,14695.944.81$29,557
Mar 20145,41595.895.06$27,383
Feb 20144,21497.406.19$26,093
Jan 20145,88690.404.86$28,610
Dec 20133,01191.824.35$13,111
Nov 20134,13688.853.74$15,462
Oct 20136,07497.423.78$22,956
Sep 20136,339104.113.72$23,567
Aug 20139,022104.253.52$31,781
Jul 20137,279102.523.72$27,061
Jun 20133,24994.403.93$12,780
May 20136,84494.834.15$28,396
Apr 20137,57993.964.28$32,458
Mar 20137,56793.623.91$29,609
Feb 20131,45491.233.42$4,973
Jan 2013091.603.42$0
Dec 20125,16986.773.42$17,679
Nov 20127,77186.953.62$28,170
Oct 20128,28389.383.40$28,160
Sep 20128,42494.672.92$24,585
Aug 201216392.662.91$474
Jul 2012085.133.02$0
Jun 20127,43379.822.52$18,724
May 20124,28691.612.49$10,665
Apr 2012538101.652.00$1,074
Mar 20120105.052.22$0
Feb 20128,274101.102.57$21,266
Jan 20127,30898.092.73$19,981
Dec 20113,53596.873.24$11,452
Nov 20118,21695.723.31$27,205
Oct 20119,40584.983.65$34,315
Sep 201110,26483.623.99$40,910
Aug 201110,16183.404.15$42,161
Jul 201110,64894.144.52$48,100
Jun 20119,46292.904.64$43,903
May 201111,04198.134.40$48,634
Apr 201111,085105.964.33$48,034
Mar 201122,16796.364.06$89,939
Feb 201111,04185.644.18$46,151
Jan 20111,02186.504.59$4,685
Dec 20102,27785.734.35$9,900
Nov 201010,80780.843.80$41,016
Oct 201012,56078.103.51$44,072
Sep 201013,15772.633.98$52,358
Aug 201014,02273.684.42$61,968
Jul 201016,15772.554.74$76,527
Jun 201016,08470.364.91$78,979
May 201018,10471.124.24$76,674
Apr 201019,67381.694.12$81,106
Mar 201023,20378.394.39$101,830
Feb 201025,04973.585.44$136,326
Jan 201031,20874.365.96$186,127
Dec 200939,76171.445.48$218,039
Nov 200928,73574.593.75$107,799
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
Mar 2009042.144.06$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                3,050 Mcf  × $  3.05 =     $9,290

────────────────────────────────────────────────────
Month total                                   $9,290

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/253122 is the state's own key, not one this site invented.