GERY SMITH 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 255518District 09Field 65280200GasSaveExport
Value, all time
$9.9 M
Oct 2009 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
200
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
GasProduction2,681,782 Mcf$9,883,427
Total$9,883,427

Every month this lease reported (200)

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

200 months

May 20265,123106.413.05$15,604
Apr 20265,35798.932.87$15,373
Mar 20262,98389.753.15$9,395
Feb 20264,00563.503.75$15,020
Jan 20263,29059.138.00$26,313
Dec 20255,20556.664.41$22,972
Nov 20255,18658.593.93$20,363
Oct 20254,58059.383.30$15,136
Sep 20255,27062.743.08$16,215
Aug 20255,83663.933.01$17,594
Jul 20254,84866.743.32$16,072
Jun 20255,23566.483.13$16,379
May 20256,01560.553.23$19,442
Apr 20256,02762.363.54$21,354
Mar 20255,57467.704.27$23,792
Feb 20255,19770.884.34$22,559
Jan 20256,54374.324.28$27,995
Dec 20246,82668.993.12$21,306
Nov 20246,63369.052.20$14,582
Oct 20246,66071.372.28$15,194
Sep 20246,60669.612.36$15,619
Aug 20246,57875.632.06$13,575
Jul 20245,59479.932.15$12,008
Jun 20245,26178.082.63$13,857
May 20244,35778.812.20$9,579
Apr 20243,88384.451.66$6,443
Mar 20244,54380.301.55$7,020
Feb 20249776.091.78$173
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 2023070.622.23$0
Apr 20233,78178.122.24$8,461
Mar 20234,32272.852.39$10,343
Feb 20234,46575.112.47$11,009
Jan 20233,50676.533.39$11,877
Dec 20226,03176.415.73$34,552
Nov 20225,62685.005.65$31,766
Oct 20225,00687.185.86$29,354
Sep 20223,06184.888.16$24,989
Aug 20225,74794.529.13$52,454
Jul 20225,346101.587.54$40,320
Jun 20225,740115.097.98$45,789
May 20225,504109.378.43$46,415
Apr 20226,207104.226.84$42,441
Mar 20225,650108.885.08$28,682
Feb 20224,81991.054.86$23,415
Jan 20225,48281.844.54$24,876
Dec 20215,58071.323.90$21,757
Nov 20215,46577.435.24$28,619
Oct 20215,65579.795.71$32,312
Sep 20215,53469.865.35$29,612
Aug 20215,34766.024.22$22,567
Jul 20214,79970.783.98$19,110
Jun 20216,54969.493.38$22,140
May 20217,30163.483.02$22,032
Apr 20216,10460.362.76$16,837
Mar 20216,84261.302.72$18,589
Feb 20216,41957.805.55$35,612
Jan 20217,10650.412.81$19,970
Dec 20207,30644.642.68$19,547
Nov 20207,23838.772.71$19,590
Oct 20207,54636.972.48$18,702
Sep 20207,10237.091.99$14,140
Aug 20207,50239.982.39$17,893
Jul 20207,23538.371.83$13,205
Jun 20207,36834.901.69$12,454
May 20207,63416.921.81$13,854
Apr 20207,63014.751.80$13,767
Mar 20207,55730.341.86$14,028
Feb 20206,81249.881.98$13,492
Jan 20208,00557.252.09$16,768
Dec 20197,70759.012.30$17,760
Nov 20198,01955.302.75$22,058
Oct 20198,23353.472.42$19,912
Sep 20197,61955.052.66$20,246
Aug 20198,47853.112.30$19,536
Jul 20198,12956.272.46$19,998
Jun 20196,99552.782.49$17,426
May 20197,88958.482.74$21,618
Apr 20198,15962.632.75$22,443
Mar 20198,24256.803.06$25,238
Feb 20197,72150.852.79$21,559
Jan 20198,51246.033.23$27,478
Dec 20188,71646.594.19$36,480
Nov 20188,52352.934.24$36,114
Oct 20189,27961.443.40$31,531
Sep 20187,51759.543.11$23,363
Aug 20188,43159.403.07$25,854
Jul 20188,83665.142.93$25,906
Jun 20188,55260.183.08$26,314
May 20188,73565.382.90$25,338
Apr 20189,01363.842.90$26,145
Mar 20189,56161.222.79$26,645
Feb 20189,25661.782.77$25,603
Jan 201810,04662.874.01$40,278
Dec 201710,63057.272.92$31,056
Nov 20179,49955.423.12$29,621
Oct 201710,49149.292.98$31,302
Sep 201710,26647.523.09$31,694
Aug 20179,33345.373.00$28,040
Jul 20179,47043.873.09$29,237
Jun 20178,87942.493.09$27,412
May 201710,48945.373.26$34,230
Apr 201710,42347.933.21$33,475
Mar 201711,67346.772.98$34,829
Feb 201710,72550.452.95$31,667
Jan 201710,97249.413.42$37,511
Dec 201610,60048.763.72$39,462
Nov 201610,13642.492.64$26,803
Oct 201610,97546.193.09$33,916
Sep 201612,05541.553.10$37,378
Aug 201611,92241.442.92$34,864
Jul 201612,67241.622.92$37,057
Jun 201611,66245.352.69$31,322
May 201611,40342.521.99$22,704
Apr 201611,19236.561.99$22,284
Mar 201610,87033.011.79$19,501
Feb 201610,14726.472.06$20,940
Jan 201611,10527.352.36$26,256
Dec 20159,72832.362.00$19,470
Nov 201512,74038.792.17$27,612
Oct 201513,81443.552.43$33,521
Sep 201512,43642.992.76$34,304
Aug 201512,55040.162.87$36,050
Jul 201513,26248.152.95$39,058
Jun 201513,69756.152.88$39,487
May 201514,63755.212.96$43,259
Apr 201514,33449.822.71$38,796
Mar 201515,43542.892.93$45,297
Feb 201512,54544.662.98$37,336
Jan 201513,53543.433.10$41,967
Dec 201413,88654.693.59$49,870
Nov 201413,16370.464.25$55,967
Oct 201414,94178.303.90$58,284
Sep 201415,10886.164.05$61,119
Aug 201414,47489.394.04$58,404
Jul 201415,90596.564.18$66,477
Jun 201415,44598.164.74$73,161
May 201415,80394.734.73$74,694
Apr 201416,37995.944.81$78,769
Mar 201417,03295.895.06$86,127
Feb 201415,25297.406.19$94,440
Jan 201417,15790.404.86$83,395
Dec 201318,07891.824.35$78,720
Nov 201317,98188.853.74$67,218
Oct 201318,18097.423.78$68,709
Sep 201317,655104.113.72$65,637
Aug 201317,903104.253.52$63,065
Jul 201318,485102.523.72$68,722
Jun 201317,86194.403.93$70,255
May 201319,03994.834.15$78,994
Apr 201318,89093.964.28$80,898
Mar 201320,73393.623.91$81,126
Feb 201319,87991.233.42$67,984
Jan 201322,26491.603.42$76,141
Dec 201223,69986.773.42$81,054
Nov 201223,20486.953.62$84,114
Oct 201224,33889.383.40$82,741
Sep 201225,43094.672.92$74,215
Aug 201222,57092.662.91$65,637
Jul 201213,38685.133.02$40,436
Jun 201216,98079.822.52$42,773
May 201218,88391.612.49$46,987
Apr 201218,290101.652.00$36,521
Mar 201219,432105.052.22$43,179
Feb 201217,365101.102.57$44,632
Jan 201221,12298.092.73$57,749
Dec 201126,55496.873.24$86,028
Nov 201121,94695.723.31$72,669
Oct 201128,26684.983.65$103,130
Sep 201130,58283.623.99$121,894
Aug 201129,94483.404.15$124,247
Jul 201133,02794.144.52$149,191
Jun 201133,68092.904.64$156,271
May 201136,55498.134.40$161,014
Apr 201137,794105.964.33$163,772
Mar 201142,20196.364.06$171,224
Feb 201138,55285.644.18$161,147
Jan 201144,05686.504.59$202,163
Dec 201049,49685.734.35$215,196
Nov 201052,02980.843.80$197,467
Oct 201058,54978.103.51$205,442
Sep 201044,99172.633.98$179,040
Aug 201037,11073.684.42$164,002
Jul 201068,75172.554.74$325,638
Jun 201075,16870.364.91$369,105
May 201090,33771.124.24$382,597
Apr 2010106,52481.694.12$439,165
Mar 201035,76878.394.39$156,974
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$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                5,123 Mcf  × $  3.05 =    $15,604

────────────────────────────────────────────────────
Month total                                  $15,604

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/255518 is the state's own key, not one this site invented.