TRWD III

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 259031District 09Field 65280200GasSaveExport
Value, all time
$4.4 M
Sep 2010 – May 2026
Value, last 12 filed months
$156 k
at the published price for each month
Months reported
189
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
GasProduction1,243,993 Mcf$4,368,380
Total$4,368,380

Every month this lease reported (189)

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

189 months

May 20262,876106.413.05$8,760
Apr 20261,91098.932.87$5,481
Mar 20262,79589.753.15$8,803
Feb 20263,01963.503.75$11,322
Jan 20263,67759.138.00$29,408
Dec 20253,45256.664.41$15,235
Nov 20253,47358.593.93$13,637
Oct 20253,97359.383.30$13,130
Sep 20254,54062.743.08$13,969
Aug 20253,80163.933.01$11,459
Jul 20253,73666.743.32$12,386
Jun 20253,81466.483.13$11,933
May 20254,05360.553.23$13,101
Apr 20253,90862.363.54$13,847
Mar 20254,03667.704.27$17,227
Feb 20253,59570.884.34$15,605
Jan 20254,17174.324.28$17,846
Dec 20244,54968.993.12$14,199
Nov 20244,28969.052.20$9,429
Oct 20244,64871.372.28$10,604
Sep 20244,01269.612.36$9,486
Aug 20242,80575.632.06$5,788
Jul 20244,43879.932.15$9,527
Jun 20244,36178.082.63$11,487
May 20244,55078.812.20$10,003
Apr 20244,52684.451.66$7,510
Mar 20243,25080.301.55$5,022
Feb 20244,38276.091.78$7,816
Jan 20244,71973.023.30$15,562
Dec 20234,46071.262.61$11,644
Nov 20234,89577.892.81$13,743
Oct 20233,35885.443.09$10,367
Sep 202329189.042.74$796
Aug 20231,66080.522.67$4,437
Jul 20231,93074.852.64$5,099
Jun 20233,38768.962.26$7,649
May 20233,73770.622.23$8,324
Apr 20233,56978.122.24$7,987
Mar 20233,92772.852.39$9,398
Feb 20233,03575.112.47$7,483
Jan 20235,79076.533.39$19,615
Dec 20224,67376.415.73$26,772
Nov 20223,78085.005.65$21,343
Oct 20223,81087.185.86$22,341
Sep 20223,87984.888.16$31,667
Aug 20223,86194.529.13$35,240
Jul 20223,708101.587.54$27,966
Jun 20223,494115.097.98$27,872
May 20223,814109.378.43$32,164
Apr 20223,532104.226.84$24,150
Mar 20223,900108.885.08$19,798
Feb 20223,65391.054.86$17,749
Jan 20223,97681.844.54$18,042
Dec 20214,57971.323.90$17,854
Nov 20214,50877.435.24$23,608
Oct 20214,42979.795.71$25,307
Sep 20214,20469.865.35$22,495
Aug 20214,42066.024.22$18,655
Jul 20214,54470.783.98$18,095
Jun 20214,34169.493.38$14,675
May 20214,35763.483.02$13,148
Apr 20213,36360.362.76$9,277
Mar 20213,63861.302.72$9,884
Feb 20213,92357.805.55$21,765
Jan 20214,41250.412.81$12,399
Dec 20204,49644.642.68$12,029
Nov 20204,36938.772.71$11,825
Oct 20204,63836.972.48$11,495
Sep 20204,65437.091.99$9,266
Aug 20204,12939.982.39$9,848
Jul 20204,42438.371.83$8,074
Jun 20204,47134.901.69$7,557
May 20204,77216.921.81$8,660
Apr 20204,87614.751.80$8,798
Mar 20205,20930.341.86$9,669
Feb 20203,46349.881.98$6,859
Jan 20204,73557.252.09$9,919
Dec 20195,10459.012.30$11,761
Nov 20194,80555.302.75$13,217
Oct 20194,97253.472.42$12,025
Sep 20195,01755.052.66$13,332
Aug 20195,23653.112.30$12,066
Jul 20195,23256.272.46$12,871
Jun 20195,25852.782.49$13,099
May 20195,23658.482.74$14,348
Apr 20194,34562.632.75$11,952
Mar 20194,14356.803.06$12,686
Feb 20194,30850.852.79$12,029
Jan 20194,93646.033.23$15,934
Dec 20185,30846.594.19$22,216
Nov 20185,05552.934.24$21,419
Oct 20184,97461.443.40$16,902
Sep 20185,13559.543.11$15,960
Aug 20185,42759.403.07$16,642
Jul 20185,38665.142.93$15,791
Jun 20185,22560.183.08$16,077
May 20185,45065.382.90$15,809
Apr 20185,11863.842.90$14,846
Mar 20185,25561.222.79$14,645
Feb 20184,94961.782.77$13,690
Jan 20185,42862.874.01$21,763
Dec 20175,42557.272.92$15,849
Nov 20175,25655.423.12$16,390
Oct 20175,46449.292.98$16,303
Sep 20175,31847.523.09$16,418
Aug 20175,65045.373.00$16,975
Jul 20175,22843.873.09$16,140
Jun 20175,14242.493.09$15,875
May 20175,40745.373.26$17,645
Apr 20175,16747.933.21$16,594
Mar 20175,38146.772.98$16,055
Feb 20174,88150.452.95$14,412
Jan 20175,43749.413.42$18,588
Dec 20165,56748.763.72$20,725
Nov 20165,21342.492.64$13,785
Oct 20165,49746.193.09$16,987
Sep 20166,06241.553.10$18,796
Aug 20166,48741.442.92$18,970
Jul 20166,72541.622.92$19,666
Jun 20166,23845.352.69$16,754
May 20166,40542.521.99$12,753
Apr 20166,23736.561.99$12,418
Mar 20166,65633.011.79$11,941
Feb 20166,17526.472.06$12,743
Jan 20166,84827.352.36$16,191
Dec 20156,93632.362.00$13,882
Nov 20156,76038.792.17$14,651
Oct 20156,98843.552.43$16,957
Sep 20156,92642.992.76$19,105
Aug 20157,19940.162.87$20,679
Jul 20157,20148.152.95$21,208
Jun 20156,87856.152.88$19,828
May 20157,33255.212.96$21,669
Apr 20156,69749.822.71$18,126
Mar 20157,33942.892.93$21,538
Feb 20156,91244.662.98$20,571
Jan 20157,30543.433.10$22,650
Dec 20147,69354.693.59$27,628
Nov 20147,57170.464.25$32,191
Oct 20147,44378.303.90$29,035
Sep 20147,72586.164.05$31,251
Aug 20147,94089.394.04$32,039
Jul 20147,80296.564.18$32,609
Jun 20147,84998.164.74$37,180
May 20148,27394.734.73$39,103
Apr 20148,11395.944.81$39,016
Mar 20148,85195.895.06$44,758
Feb 20147,94997.406.19$49,220
Jan 20148,77190.404.86$42,633
Dec 20138,94191.824.35$38,933
Nov 20138,95388.853.74$33,469
Oct 20139,33497.423.78$35,277
Sep 20139,266104.113.72$34,449
Aug 20139,376104.253.52$33,028
Jul 20139,786102.523.72$36,382
Jun 20139,77194.403.93$38,433
May 201310,28294.834.15$42,661
Apr 201310,42193.964.28$44,629
Mar 201310,79693.623.91$42,243
Feb 201310,44491.233.42$35,718
Jan 201310,36391.603.42$35,441
Dec 20129,03486.773.42$30,898
Nov 20129,60386.953.62$34,810
Oct 201210,20889.383.40$34,704
Sep 20129,52094.672.92$27,783
Aug 201210,54592.662.91$30,667
Jul 201211,24285.133.02$33,960
Jun 201210,90479.822.52$27,468
May 201210,94391.612.49$27,230
Apr 201211,188101.652.00$22,340
Mar 201211,845105.052.22$26,321
Feb 201211,501101.102.57$29,560
Jan 201212,70598.092.73$34,736
Dec 201113,05196.873.24$42,282
Nov 201112,85095.723.31$42,550
Oct 201113,65684.983.65$49,824
Sep 201113,20183.623.99$52,617
Aug 20118,25483.404.15$34,248
Jul 201116,76394.144.52$75,722
Jun 201112,98392.904.64$60,240
May 201119,03498.134.40$83,841
Apr 201119,552105.964.33$84,724
Mar 201122,00296.364.06$89,270
Feb 201121,99185.644.18$91,922
Jan 201127,45886.504.59$125,999
Dec 201033,34985.734.35$144,993
Nov 201020,82680.843.80$79,042
Oct 2010078.103.51$0
Sep 2010072.633.98$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                2,876 Mcf  × $  3.05 =     $8,760

────────────────────────────────────────────────────
Month total                                   $8,760

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/259031 is the state's own key, not one this site invented.