TEXAS STEEL B 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 256832District 09Field 65280200GasSaveExport
Value, all time
$4.2 M
Mar 2010 – May 2026
Value, last 12 filed months
$131 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
GasProduction1,217,907 Mcf$4,190,598
Total$4,190,598

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 20262,351106.413.05$7,161
Apr 20261,40498.932.87$4,029
Mar 20262,27289.753.15$7,156
Feb 20262,82563.503.75$10,595
Jan 20263,21959.138.00$25,745
Dec 20252,73556.664.41$12,071
Nov 20253,67358.593.93$14,422
Oct 20253,24359.383.30$10,718
Sep 20253,18162.743.08$9,788
Aug 20252,73763.933.01$8,251
Jul 20253,30566.743.32$10,957
Jun 20253,11366.483.13$9,740
May 20252,94160.553.23$9,506
Apr 20253,08162.363.54$10,916
Mar 20253,66767.704.27$15,652
Feb 20253,31670.884.34$14,394
Jan 20252,94074.324.28$12,579
Dec 20242,79768.993.12$8,730
Nov 20243,13869.052.20$6,899
Oct 20243,40471.372.28$7,766
Sep 20243,33869.612.36$7,892
Aug 20242,75175.632.06$5,677
Jul 20243,03879.932.15$6,521
Jun 20243,02178.082.63$7,957
May 20242,70178.812.20$5,938
Apr 20242,68484.451.66$4,453
Mar 20244,00380.301.55$6,185
Feb 20242,88276.091.78$5,140
Jan 20242,94973.023.30$9,725
Dec 20233,41671.262.61$8,918
Nov 20233,29577.892.81$9,251
Oct 20233,80285.443.09$11,738
Sep 20233,34889.042.74$9,157
Aug 20234,19380.522.67$11,207
Jul 20233,96874.852.64$10,483
Jun 20234,34168.962.26$9,804
May 20234,23070.622.23$9,422
Apr 20234,14778.122.24$9,280
Mar 20234,68272.852.39$11,205
Feb 20233,16175.112.47$7,794
Jan 20234,64876.533.39$15,746
Dec 20224,93176.415.73$28,250
Nov 20224,79485.005.65$27,068
Oct 20223,52687.185.86$20,676
Sep 202285884.888.16$7,004
Aug 20221,78894.529.13$16,319
Jul 20221,852101.587.54$13,968
Jun 20223,214115.097.98$25,639
May 20222,953109.378.43$24,903
Apr 20224,027104.226.84$27,535
Mar 20224,159108.885.08$21,113
Feb 20223,66691.054.86$17,813
Jan 20224,06381.844.54$18,437
Dec 20214,08771.323.90$15,936
Nov 20214,03477.435.24$21,125
Oct 20214,48479.795.71$25,621
Sep 20214,45069.865.35$23,812
Aug 20214,50666.024.22$19,018
Jul 20214,65470.783.98$18,533
Jun 20213,23769.493.38$10,943
May 20214,20663.483.02$12,692
Apr 20213,00960.362.76$8,300
Mar 20211,85261.302.72$5,032
Feb 20212,76457.805.55$15,335
Jan 20213,83450.412.81$10,775
Dec 20203,80344.642.68$10,175
Nov 20203,58238.772.71$9,695
Oct 20204,12336.972.48$10,219
Sep 20204,31437.091.99$8,589
Aug 20203,44839.982.39$8,224
Jul 20204,62538.371.83$8,441
Jun 20202,23334.901.69$3,774
May 20204,38416.921.81$7,956
Apr 20204,23014.751.80$7,633
Mar 20204,80230.341.86$8,914
Feb 20204,75149.881.98$9,410
Jan 20205,03857.252.09$10,553
Dec 20195,04459.012.30$11,623
Nov 20196,59055.302.75$18,127
Oct 20195,07953.472.42$12,284
Sep 20194,78155.052.66$12,704
Aug 20194,27953.112.30$9,860
Jul 20194,91756.272.46$12,096
Jun 20194,71052.782.49$11,734
May 20195,04358.482.74$13,819
Apr 20194,95762.632.75$13,635
Mar 20195,45256.803.06$16,695
Feb 20194,16350.852.79$11,624
Jan 20195,17846.033.23$16,716
Dec 20184,47446.594.19$18,726
Nov 20185,09752.934.24$21,597
Oct 20185,62761.443.40$19,121
Sep 20184,60559.543.11$14,312
Aug 20182,48759.403.07$7,627
Jul 20184,16165.142.93$12,200
Jun 20184,73860.183.08$14,578
May 20185,11265.382.90$14,829
Apr 20185,08063.842.90$14,736
Mar 20185,11261.222.79$14,246
Feb 20184,79861.782.77$13,272
Jan 20185,24262.874.01$21,017
Dec 20175,11857.272.92$14,952
Nov 20175,28855.423.12$16,490
Oct 20175,30149.292.98$15,816
Sep 20174,71347.523.09$14,550
Aug 20175,52345.373.00$16,593
Jul 20176,11743.873.09$18,885
Jun 20176,76142.493.09$20,873
May 20176,00845.373.26$19,607
Apr 20176,10747.933.21$19,613
Mar 20176,46946.772.98$19,301
Feb 20176,38450.452.95$18,849
Jan 20176,59249.413.42$22,537
Dec 20165,75848.763.72$21,436
Nov 20166,65542.492.64$17,598
Oct 20166,78546.193.09$20,967
Sep 20166,20941.553.10$19,252
Aug 20166,80541.442.92$19,900
Jul 20167,34141.622.92$21,468
Jun 20166,46545.352.69$17,364
May 20167,49542.521.99$14,923
Apr 20167,42036.561.99$14,774
Mar 20167,63233.011.79$13,692
Feb 20166,51126.472.06$13,436
Jan 20168,64927.352.36$20,449
Dec 20158,22032.362.00$16,452
Nov 20157,49438.792.17$16,242
Oct 20158,26643.552.43$20,058
Sep 20159,16142.992.76$25,270
Aug 20159,63140.162.87$27,665
Jul 20158,22548.152.95$24,223
Jun 20158,59956.152.88$24,790
May 20159,68355.212.96$28,618
Apr 20159,69049.822.71$26,227
Mar 201510,00142.892.93$29,350
Feb 20159,04944.662.98$26,932
Jan 20158,78543.433.10$27,239
Dec 20149,89454.693.59$35,533
Nov 20141,45970.464.25$6,203
Oct 20142378.303.90$90
Sep 2014086.164.05$0
Aug 20142189.394.04$85
Jul 2014096.564.18$0
Jun 20143,48898.164.74$16,522
May 20147,25394.734.73$34,282
Apr 20146,92095.944.81$33,279
Mar 20146,18795.895.06$31,286
Feb 20144,59197.406.19$28,427
Jan 20142,68490.404.86$13,046
Dec 20136,72191.824.35$29,266
Nov 20137,65388.853.74$28,609
Oct 20138,78197.423.78$33,187
Sep 20138,482104.113.72$31,534
Aug 20139,241104.253.52$32,552
Jul 20139,455102.523.72$35,151
Jun 20137,71594.403.93$30,346
May 20139,55294.834.15$39,632
Apr 20139,53793.964.28$40,843
Mar 201310,53093.623.91$41,203
Feb 20139,43391.233.42$32,260
Jan 20139,89891.603.42$33,850
Dec 201210,82486.773.42$37,020
Nov 201210,27586.953.62$37,246
Oct 201210,99789.383.40$37,386
Sep 201211,75494.672.92$34,303
Aug 201212,27792.662.91$35,703
Jul 201211,98485.133.02$36,201
Jun 201211,00479.822.52$27,720
May 201213,48691.612.49$33,557
Apr 201213,898101.652.00$27,752
Mar 201216,665105.052.22$37,031
Feb 20124,777101.102.57$12,278
Jan 2012098.092.73$0
Dec 20113,43996.873.24$11,141
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201173983.623.99$2,946
Aug 201111,37883.404.15$47,211
Jul 201115,85394.144.52$71,612
Jun 201115,46592.904.64$71,756
May 201118,41598.134.40$81,115
Apr 201118,585105.964.33$80,534
Mar 201120,80496.364.06$84,409
Feb 201118,65485.644.18$77,973
Jan 201124,39986.504.59$111,962
Dec 201027,71085.734.35$120,476
Nov 201030,33480.843.80$115,128
Oct 201038,46978.103.51$134,983
Sep 201045,68972.633.98$181,818
Aug 20104,65873.684.42$20,585
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
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                2,351 Mcf  × $  3.05 =     $7,161

────────────────────────────────────────────────────
Month total                                   $7,161

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/256832 is the state's own key, not one this site invented.