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 257131District 09Field 65280200GasSaveExport
Value, all time
$6.8 M
Jun 2010 – May 2026
Value, last 12 filed months
$178 k
at the published price for each month
Months reported
192
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
GasProduction2,015,715 Mcf$6,815,950
Total$6,815,950

Every month this lease reported (192)

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

192 months

May 20264,062106.413.05$12,372
Apr 20263,93998.932.87$11,304
Mar 20264,21689.753.15$13,278
Feb 20263,75263.503.75$14,071
Jan 20264,82559.138.00$38,590
Dec 20254,18656.664.41$18,474
Nov 20253,92258.593.93$15,400
Oct 20253,31359.383.30$10,949
Sep 20253,76762.743.08$11,591
Aug 20252,87963.933.01$8,679
Jul 20253,46166.743.32$11,474
Jun 20253,83366.483.13$11,992
May 20253,94260.553.23$12,742
Apr 20253,94562.363.54$13,978
Mar 20253,83667.704.27$16,373
Feb 20253,61970.884.34$15,710
Jan 20253,96074.324.28$16,944
Dec 20245,16268.993.12$16,113
Nov 20245,16269.052.20$11,348
Oct 20245,04571.372.28$11,510
Sep 20244,91769.612.36$11,626
Aug 20244,04575.632.06$8,347
Jul 20243,95779.932.15$8,494
Jun 20243,51878.082.63$9,266
May 20243,28978.812.20$7,231
Apr 20242,20784.451.66$3,662
Mar 20242,46980.301.55$3,815
Feb 20243,78976.091.78$6,758
Jan 20244,07273.023.30$13,428
Dec 20235,05371.262.61$13,192
Nov 20234,94977.892.81$13,895
Oct 20234,90485.443.09$15,140
Sep 20234,45489.042.74$12,182
Aug 20233,39080.522.67$9,061
Jul 20231,80774.852.64$4,774
Jun 20234,43468.962.26$10,014
May 20233,77670.622.23$8,411
Apr 20234,07278.122.24$9,112
Mar 20236,29072.852.39$15,053
Feb 20233,42275.112.47$8,438
Jan 202367276.533.39$2,277
Dec 20223,93876.415.73$22,561
Nov 20225,83785.005.65$32,957
Oct 20224,22987.185.86$24,798
Sep 20224,61084.888.16$37,635
Aug 20224,93194.529.13$45,006
Jul 20225,061101.587.54$38,170
Jun 20224,881115.097.98$38,937
May 20225,781109.378.43$48,751
Apr 20224,973104.226.84$34,003
Mar 20225,342108.885.08$27,118
Feb 20224,77191.054.86$23,182
Jan 20225,21181.844.54$23,646
Dec 20214,83071.323.90$18,833
Nov 20215,40477.435.24$28,300
Oct 20216,03779.795.71$34,495
Sep 20215,90969.865.35$31,619
Aug 20216,30266.024.22$26,598
Jul 20216,15870.783.98$24,522
Jun 20216,02969.493.38$20,382
May 20216,19763.483.02$18,701
Apr 20215,56960.362.76$15,362
Mar 20213,34061.302.72$9,075
Feb 20214,31857.805.55$23,956
Jan 20216,73950.412.81$18,938
Dec 20206,72044.642.68$17,979
Nov 20206,41538.772.71$17,363
Oct 20206,73836.972.48$16,700
Sep 20206,33537.091.99$12,613
Aug 20207,07939.982.39$16,884
Jul 20205,89138.371.83$10,752
Jun 20206,64834.901.69$11,237
May 20206,83016.921.81$12,395
Apr 20206,75714.751.80$12,192
Mar 20207,01930.341.86$13,029
Feb 20206,53849.881.98$12,950
Jan 20206,98357.252.09$14,628
Dec 20197,01859.012.30$16,172
Nov 20197,25955.302.75$19,967
Oct 20197,68453.472.42$18,584
Sep 20197,30855.052.66$19,419
Aug 20196,96053.112.30$16,038
Jul 20197,79656.272.46$19,179
Jun 20196,71752.782.49$16,733
May 20197,65858.482.74$20,985
Apr 20197,38862.632.75$20,322
Mar 20197,11056.803.06$21,772
Feb 20196,68950.852.79$18,677
Jan 20198,69646.033.23$28,072
Dec 20189,15446.594.19$38,314
Nov 20188,99652.934.24$38,118
Oct 20189,16961.443.40$31,157
Sep 20188,36759.543.11$26,005
Aug 20188,84359.403.07$27,118
Jul 20188,88165.142.93$26,038
Jun 20188,03460.183.08$24,720
May 20188,56865.382.90$24,854
Apr 20188,60563.842.90$24,961
Mar 20189,04261.222.79$25,199
Feb 20188,45761.782.77$23,393
Jan 20189,54562.874.01$38,269
Dec 20178,91657.272.92$26,048
Nov 20178,52255.423.12$26,575
Oct 20179,30849.292.98$27,772
Sep 20179,43747.523.09$29,135
Aug 20177,79045.373.00$23,404
Jul 20178,51443.873.09$26,285
Jun 20179,99142.493.09$30,845
May 201710,49145.373.26$34,236
Apr 201710,49447.933.21$33,703
Mar 201711,30646.772.98$33,733
Feb 20179,81650.452.95$28,983
Jan 20179,33049.413.42$31,897
Dec 20169,63848.763.72$35,881
Nov 20167,57342.492.64$20,026
Oct 201611,53446.193.09$35,643
Sep 201613,30241.553.10$41,245
Aug 201614,87441.442.92$43,497
Jul 201614,00241.622.92$40,947
Jun 20169,78045.352.69$26,267
May 201614,62542.521.99$29,119
Apr 201614,00936.561.99$27,892
Mar 201615,32133.011.79$27,486
Feb 20167,51426.472.06$15,506
Jan 201613027.352.36$307
Dec 20151,82032.362.00$3,643
Nov 201514,89538.792.17$32,282
Oct 201515,60443.552.43$37,864
Sep 201514,53942.992.76$40,105
Aug 201517,60440.162.87$50,567
Jul 201515,78148.152.95$46,476
Jun 20158,48156.152.88$24,450
May 20156,08855.212.96$17,993
Apr 20156,59849.822.71$17,858
Mar 20159,74542.892.93$28,599
Feb 20158,75344.662.98$26,051
Jan 20155,40743.433.10$16,765
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014498.164.74$19
May 20141,92794.734.73$9,108
Apr 20146,12195.944.81$29,437
Mar 201410,00595.895.06$50,593
Feb 20149,04297.406.19$55,988
Jan 201410,65490.404.86$51,786
Dec 201311,70891.824.35$50,982
Nov 201311,23088.853.74$41,981
Oct 201314,13097.423.78$53,402
Sep 201315,541104.113.72$57,777
Aug 201320,056104.253.52$70,649
Jul 201315,318102.523.72$56,948
Jun 201317,43994.403.93$68,595
May 201320,63794.834.15$85,625
Apr 201321,16293.964.28$90,628
Mar 201324,94793.623.91$97,614
Feb 201323,63391.233.42$80,823
Jan 201326,35391.603.42$90,125
Dec 201227,16686.773.42$92,912
Nov 201227,38386.953.62$99,262
Oct 201227,67189.383.40$94,073
Sep 201229,15694.672.92$85,089
Aug 201226,88792.662.91$78,192
Jul 201228,44185.133.02$85,915
Jun 201230,03179.822.52$75,649
May 201230,63091.612.49$76,217
Apr 201230,395101.652.00$60,693
Mar 201234,091105.052.22$75,753
Feb 201233,643101.102.57$86,471
Jan 201235,30098.092.73$96,513
Dec 201136,44696.873.24$118,076
Nov 201137,76995.723.31$125,064
Oct 201141,92684.983.65$152,969
Sep 201143,75683.623.99$174,403
Aug 201149,21583.404.15$204,209
Jul 201129,58294.144.52$133,629
Jun 20111692.904.64$74
May 20112898.134.40$123
Apr 20110105.964.33$0
Mar 201114696.364.06$592
Feb 201195085.644.18$3,971
Jan 201174,81686.504.59$343,314
Dec 201023,11485.734.35$100,494
Nov 20101480.843.80$53
Oct 201072,55478.103.51$254,584
Sep 201052,54472.633.98$209,097
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$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                4,062 Mcf  × $  3.05 =    $12,372

────────────────────────────────────────────────────
Month total                                  $12,372

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/257131 is the state's own key, not one this site invented.