MFG

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 254329District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.0 M
Sep 2009 – May 2026
Value, last 12 filed months
$308 k
at the published price for each month
Months reported
201
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

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
CondensateDisposition96 bbl$7,015
GasProduction2,790,875 Mcf$9,954,351
Total$9,961,366

Every month this lease reported (201)

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

201 months

May 202606,690106.413.05$20,377
Apr 202607,11298.932.87$20,409
Mar 202606,86289.753.15$21,611
Feb 202605,91963.503.75$22,198
Jan 202606,80559.138.00$54,426
Dec 202506,99956.664.41$30,889
Nov 202506,70058.593.93$26,307
Oct 202507,24459.383.30$23,940
Sep 202507,07162.743.08$21,757
Aug 202506,74063.933.01$20,319
Jul 202507,07666.743.32$23,458
Jun 202507,09666.483.13$22,201
May 202507,55660.553.23$24,423
Apr 202505,79562.363.54$20,532
Mar 202566,94567.704.27$30,050
Feb 202566,38370.884.34$28,133
Jan 202535,27374.324.28$22,784
Dec 2024106,58168.993.12$21,232
Nov 202466,96869.052.20$15,733
Oct 202416,19671.372.28$14,207
Sep 202465,30269.612.36$12,954
Aug 202467,19475.632.06$15,300
Jul 202487,22979.932.15$16,157
Jun 202406,94278.082.63$18,285
May 202427,33878.812.20$16,290
Apr 202437,54884.451.66$12,777
Mar 202407,99480.301.55$12,352
Feb 202406,42876.091.78$11,465
Jan 202407,27573.023.30$23,990
Dec 202357,46371.262.61$19,840
Nov 202337,96877.892.81$22,604
Oct 202308,41085.443.09$25,964
Sep 202316,68289.042.74$18,365
Aug 202346,13480.522.67$16,718
Jul 202306,78874.852.64$17,933
Jun 202325,62068.962.26$12,831
May 202326,67670.622.23$15,011
Apr 202347,92578.122.24$18,047
Mar 202307,37272.852.39$17,642
Feb 202301,30275.112.47$3,210
Jan 202302,08476.533.39$7,060
Dec 202206,23576.415.73$35,721
Nov 202205,70285.005.65$32,195
Oct 202205,97987.185.86$35,059
Sep 202207,76384.888.16$63,375
Aug 202217,31394.529.13$66,841
Jul 202207,139101.587.54$53,843
Jun 202206,635115.097.98$52,929
May 202227,229109.378.43$61,181
Apr 202217,235104.226.84$49,574
Mar 202208,077108.885.08$41,002
Feb 202217,23291.054.86$35,230
Jan 202218,36781.844.54$38,049
Dec 202108,76171.323.90$34,160
Nov 202107,79077.435.24$40,795
Oct 202109,19579.795.71$52,539
Sep 202107,02669.865.35$37,596
Aug 202104,46366.024.22$18,836
Jul 202115,62970.783.98$22,486
Jun 202106,20469.493.38$20,973
May 202106,69963.483.02$20,215
Apr 202106,49960.362.76$17,927
Mar 202105,52661.302.72$15,014
Feb 202146,86557.805.55$38,318
Jan 202116,97150.412.81$19,641
Dec 202007,69144.642.68$20,577
Nov 202006,14038.772.71$16,618
Oct 202008,08036.972.48$20,026
Sep 202007,88037.091.99$15,689
Aug 202007,94939.982.39$18,959
Jul 202006,66838.371.83$12,170
Jun 202005,75234.901.69$9,723
May 202006,32216.921.81$11,473
Apr 202009,19314.751.80$16,588
Mar 202009,44430.341.86$17,530
Feb 202009,06549.881.98$17,955
Jan 202009,24657.252.09$19,368
Dec 201909,45059.012.30$21,776
Nov 201909,44155.302.75$25,969
Oct 201909,23853.472.42$22,342
Sep 201938,98355.052.66$24,036
Aug 201919,22053.112.30$21,299
Jul 201919,67556.272.46$23,857
Jun 201919,38252.782.49$23,425
May 2019053758.482.74$1,472
Apr 201907,90662.632.75$21,747
Mar 201905,43356.803.06$16,636
Feb 201905,38850.852.79$15,044
Jan 201908,41846.033.23$27,175
Dec 201808,87246.594.19$37,133
Nov 201809,01952.934.24$38,216
Oct 2018010,05261.443.40$34,158
Sep 201809,90759.543.11$30,791
Aug 2018010,56059.403.07$32,383
Jul 2018010,39365.142.93$30,471
Jun 201809,75260.183.08$30,006
May 2018010,49765.382.90$30,450
Apr 2018010,31563.842.90$29,922
Mar 2018010,69761.222.79$29,811
Feb 201809,68661.782.77$26,793
Jan 2018011,18662.874.01$44,848
Dec 2017011,14057.272.92$32,546
Nov 2017010,63855.423.12$33,173
Oct 2017011,66949.292.98$34,817
Sep 2017012,51147.523.09$38,625
Aug 2017012,33245.373.00$37,050
Jul 2017012,49343.873.09$38,569
Jun 2017012,69342.493.09$39,187
May 2017013,00645.373.26$42,444
Apr 2017012,63847.933.21$40,588
Mar 2017013,22646.772.98$39,462
Feb 2017012,25950.452.95$36,196
Jan 2017012,01549.413.42$41,077
Dec 2016012,95748.763.72$48,237
Nov 2016013,18942.492.64$34,876
Oct 2016013,68446.193.09$42,287
Sep 2016014,93141.553.10$46,296
Aug 2016016,12041.442.92$47,140
Jul 2016015,63041.622.92$45,707
Jun 2016015,69445.352.69$42,151
May 2016016,10042.521.99$32,056
Apr 2016017,15336.561.99$34,152
Mar 2016018,31733.011.79$32,861
Feb 2016016,92826.472.06$34,933
Jan 2016016,25627.352.36$38,435
Dec 2015016,59532.362.00$33,213
Nov 2015017,33038.792.17$37,560
Oct 2015018,14143.552.43$44,021
Sep 2015018,37842.992.76$50,694
Aug 2015016,70940.162.87$47,996
Jul 2015019,17248.152.95$56,463
Jun 2015018,80256.152.88$54,204
May 2015017,67955.212.96$52,249
Apr 2015018,04149.822.71$48,829
Mar 2015018,19742.892.93$53,403
Feb 2015014,91744.662.98$44,396
Jan 2015015,79243.433.10$48,965
Dec 2014015,85654.693.59$56,945
Nov 2014014,55770.464.25$61,894
Oct 2014015,07578.303.90$58,807
Sep 2014014,97386.164.05$60,572
Aug 2014015,98789.394.04$64,509
Jul 2014014,95796.564.18$62,514
Jun 2014015,53998.164.74$73,606
May 2014018,21994.734.73$86,113
Apr 2014020,36195.944.81$97,918
Mar 2014021,38595.895.06$108,140
Feb 2014017,77597.406.19$110,063
Jan 2014015,19090.404.86$73,834
Dec 2013020,18391.824.35$87,886
Nov 2013018,20388.853.74$68,048
Oct 2013019,20797.423.78$72,590
Sep 2013018,605104.113.72$69,169
Aug 2013017,579104.253.52$61,924
Jul 2013022,745102.523.72$84,560
Jun 2013021,32394.403.93$83,872
May 2013020,39094.834.15$84,600
Apr 2013020,37493.964.28$87,253
Mar 2013022,68393.623.91$88,756
Feb 2013020,47491.233.42$70,019
Jan 2013021,59691.603.42$73,856
Dec 2012022,32486.773.42$76,352
Nov 2012021,30786.953.62$77,237
Oct 2012025,61989.383.40$87,096
Sep 2012024,44194.672.92$71,329
Aug 2012025,18292.662.91$73,233
Jul 2012027,36385.133.02$82,658
Jun 2012021,87279.822.52$55,096
May 2012022,86291.612.49$56,888
Apr 2012025,250101.652.00$50,419
Mar 2012024,701105.052.22$54,888
Feb 2012023,214101.102.57$59,666
Jan 2012025,72098.092.73$70,321
Dec 2011025,11396.873.24$81,360
Nov 2011026,13495.723.31$86,537
Oct 2011027,24284.983.65$99,394
Sep 2011027,34683.623.99$108,996
Aug 2011028,64583.404.15$118,857
Jul 2011030,87994.144.52$139,488
Jun 2011030,48792.904.64$141,456
May 2011032,37898.134.40$142,619
Apr 2011033,958105.964.33$147,150
Mar 2011036,46496.364.06$147,947
Feb 2011034,53485.644.18$144,351
Jan 2011041,37086.504.59$189,838
Dec 2010038,87285.734.35$169,006
Nov 2010019,64480.843.80$74,555
Oct 2010038,16278.103.51$133,906
Sep 2010039,11872.633.98$155,669
Aug 2010043,89473.684.42$193,983
Jul 2010045,68772.554.74$216,396
Jun 2010050,60170.364.91$248,471
May 2010058,60971.124.24$248,222
Apr 2010059,65981.694.12$245,956
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$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
Condensate             0 bbl  × $106.41 =         $0
Gas                6,690 Mcf  × $  3.05 =    $20,377

────────────────────────────────────────────────────
Month total                                  $20,377

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/254329 is the state's own key, not one this site invented.