L&S LAND

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 255490District 09Field 65280200GasSaveExport
Value, all time
$9.0 M
Mar 2010 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
195
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
GasProduction2,480,515 Mcf$8,990,719
Total$8,990,719

Every month this lease reported (195)

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

195 months

May 20265,371106.413.05$16,359
Apr 20265,48698.932.87$15,743
Mar 20264,42589.753.15$13,936
Feb 20264,45063.503.75$16,689
Jan 20266,28659.138.00$50,275
Dec 20255,69556.664.41$25,134
Nov 20255,86058.593.93$23,009
Oct 20256,16959.383.30$20,388
Sep 20256,14362.743.08$18,902
Aug 20256,43163.933.01$19,388
Jul 20256,46166.743.32$21,420
Jun 20254,47266.483.13$13,992
May 20255,03460.553.23$16,272
Apr 20255,84862.363.54$20,720
Mar 20256,07667.704.27$25,934
Feb 20255,41370.884.34$23,497
Jan 20255,86274.324.28$25,082
Dec 20246,50068.993.12$20,289
Nov 20246,22669.052.20$13,687
Oct 20245,85971.372.28$13,367
Sep 20246,18769.612.36$14,628
Aug 20245,78575.632.06$11,938
Jul 20246,18079.932.15$13,266
Jun 20245,88278.082.63$15,493
May 20247,10378.812.20$15,616
Apr 20245,38084.451.66$8,927
Mar 20244,30980.301.55$6,658
Feb 20244,15176.091.78$7,404
Jan 20245,55773.023.30$18,325
Dec 20235,41471.262.61$14,134
Nov 20236,11677.892.81$17,171
Oct 20235,47485.443.09$16,900
Sep 20236,57289.042.74$17,975
Aug 20236,67080.522.67$17,828
Jul 20238,33374.852.64$22,014
Jun 20238,59168.962.26$19,403
May 20239,72270.622.23$21,655
Apr 202362978.122.24$1,408
Mar 2023072.852.39$0
Feb 2023475.112.47$10
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 202211287.185.86$657
Sep 20222,20184.888.16$17,968
Aug 20226,81994.529.13$62,238
Jul 20226,717101.587.54$50,660
Jun 20227,322115.097.98$58,409
May 20226,980109.378.43$58,863
Apr 20227,712104.226.84$52,732
Mar 20227,673108.885.08$38,951
Feb 20227,15291.054.86$34,750
Jan 20228,66581.844.54$39,319
Dec 20217,68471.323.90$29,961
Nov 20217,44877.435.24$39,004
Oct 20218,15079.795.71$46,568
Sep 20218,16769.865.35$43,701
Aug 20218,91766.024.22$37,635
Jul 20218,05270.783.98$32,064
Jun 20218,03769.493.38$27,170
May 20218,52663.483.02$25,729
Apr 20217,94660.362.76$21,918
Mar 20217,84561.302.72$21,314
Feb 20214,26257.805.55$23,645
Jan 20217,63550.412.81$21,456
Dec 20208,20144.642.68$21,941
Nov 20208,02438.772.71$21,718
Oct 20208,05536.972.48$19,964
Sep 20208,04737.091.99$16,022
Aug 20208,88339.982.39$21,187
Jul 20208,96438.371.83$16,360
Jun 20208,38034.901.69$14,165
May 20208,72316.921.81$15,830
Apr 20208,77314.751.80$15,830
Mar 20208,87930.341.86$16,481
Feb 20208,48049.881.98$16,796
Jan 20209,61157.252.09$20,133
Dec 20199,67659.012.30$22,297
Nov 20199,48755.302.75$26,096
Oct 201910,10253.472.42$24,432
Sep 20199,48355.052.66$25,199
Aug 201910,14253.112.30$23,371
Jul 201910,48856.272.46$25,801
Jun 201910,47252.782.49$26,088
May 201911,24858.482.74$30,823
Apr 20195,86062.632.75$16,119
Mar 201980056.803.06$2,450
Feb 20192,38550.852.79$6,659
Jan 20196,38546.033.23$20,612
Dec 20187,33246.594.19$30,688
Nov 20185,65752.934.24$23,970
Oct 20186,89061.443.40$23,413
Sep 20186,48159.543.11$20,143
Aug 20186,62759.403.07$20,322
Jul 20188,28965.142.93$24,302
Jun 20188,75860.183.08$26,948
May 201810,66665.382.90$30,940
Apr 201810,94063.842.90$31,735
Mar 201811,34361.222.79$31,611
Feb 20189,40061.782.77$26,002
Jan 20188,90062.874.01$35,683
Dec 20179,16557.272.92$26,776
Nov 20178,96555.423.12$27,956
Oct 20178,54949.292.98$25,507
Sep 20178,33847.523.09$25,742
Aug 20178,76445.373.00$26,331
Jul 20178,90143.873.09$27,480
Jun 20178,45042.493.09$26,088
May 20179,39945.373.26$30,673
Apr 20179,25947.933.21$29,736
Mar 20179,71146.772.98$28,975
Feb 20178,87950.452.95$26,216
Jan 20179,99749.413.42$34,178
Dec 201610,38348.763.72$38,654
Nov 201610,16142.492.64$26,869
Oct 201610,50546.193.09$32,463
Sep 201610,56741.553.10$32,764
Aug 201611,73641.442.92$34,320
Jul 201610,93341.622.92$31,972
Jun 20169,82745.352.69$26,394
May 201611,50442.521.99$22,905
Apr 201610,58236.561.99$21,069
Mar 201611,24833.011.79$20,179
Feb 201610,44726.472.06$21,559
Jan 201611,49527.352.36$27,178
Dec 20158,34832.362.00$16,708
Nov 20154,91338.792.17$10,648
Oct 201510,50243.552.43$25,484
Sep 201511,24942.992.76$31,029
Aug 201511,96640.162.87$34,372
Jul 201511,59648.152.95$34,151
Jun 201511,95156.152.88$34,453
May 201513,03555.212.96$38,524
Apr 201512,95949.822.71$35,074
Mar 20158,93542.892.93$26,222
Feb 20156,03944.662.98$17,973
Jan 20157,79943.433.10$24,182
Dec 20145,56654.693.59$19,990
Nov 201412,60870.464.25$53,607
Oct 201410,84178.303.90$42,290
Sep 201412,27186.164.05$49,642
Aug 201413,96489.394.04$56,346
Jul 201410,48796.564.18$43,831
Jun 201413,45098.164.74$63,711
May 201414,48594.734.73$68,464
Apr 201414,57495.944.81$70,088
Mar 201415,42495.895.06$77,996
Feb 201413,85697.406.19$85,796
Jan 201415,50190.404.86$75,346
Dec 201316,81191.824.35$73,203
Nov 201315,40288.853.74$57,577
Oct 201316,68497.423.78$63,055
Sep 201314,550104.113.72$54,093
Aug 201316,810104.253.52$59,215
Jul 201314,232102.523.72$52,911
Jun 20137,69694.403.93$30,272
May 20139,98594.834.15$41,429
Apr 201319,88993.964.28$85,176
Mar 201320,73493.623.91$81,129
Feb 201318,31291.233.42$62,625
Jan 201317,62691.603.42$60,279
Dec 201218,24386.773.42$62,394
Nov 201217,88886.953.62$64,843
Oct 201219,10189.383.40$64,937
Sep 201218,89594.672.92$55,143
Aug 201219,75192.662.91$57,439
Jul 201220,76285.133.02$62,718
Jun 201220,89179.822.52$52,625
May 201221,89991.612.49$54,492
Apr 201222,234101.652.00$44,397
Mar 201224,215105.052.22$53,808
Feb 201223,007101.102.57$59,134
Jan 201225,52498.092.73$69,785
Dec 201126,04596.873.24$84,379
Nov 201126,10695.723.31$86,444
Oct 201128,12184.983.65$102,601
Sep 201128,23283.623.99$112,527
Aug 201130,27483.404.15$125,617
Jul 201130,86994.144.52$139,443
Jun 201131,63492.904.64$146,778
May 201133,63098.134.40$148,134
Apr 201133,783105.964.33$146,391
Mar 201137,20996.364.06$150,970
Feb 201135,26885.644.18$147,420
Jan 201141,56786.504.59$190,742
Dec 201044,09885.734.35$191,727
Nov 201044,67480.843.80$169,553
Oct 201050,09678.103.51$175,781
Sep 201053,83772.633.98$214,243
Aug 201061,98773.684.42$273,943
Jul 201071,68072.554.74$339,512
Jun 201082,58970.364.91$405,545
May 201060,61271.124.24$256,705
Apr 2010081.694.12$0
Mar 2010078.394.39$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                5,371 Mcf  × $  3.05 =    $16,359

────────────────────────────────────────────────────
Month total                                  $16,359

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/255490 is the state's own key, not one this site invented.