CHAPEL HILL

Operated by BKV BARNETT, LLC (P-5 72504) 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 259128District 09Field 65280200GasSaveExport
Value, all time
$5.1 M
Nov 2010 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
187
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
GasProduction1,395,400 Mcf$5,057,279
Total$5,057,279

Every month this lease reported (187)

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

187 months

May 20261,163106.413.05$3,542
Apr 20261,99098.932.87$5,711
Mar 20262,09689.753.15$6,601
Feb 20261,43363.503.75$5,374
Jan 20261,70659.138.00$13,644
Dec 20252,15456.664.41$9,506
Nov 20252,27458.593.93$8,929
Oct 20252,21059.383.30$7,304
Sep 20252,21362.743.08$6,809
Aug 20252,61963.933.01$7,896
Jul 20252,81066.743.32$9,316
Jun 20253,29266.483.13$10,300
May 20251,65960.553.23$5,362
Apr 20251,42762.363.54$5,056
Mar 20253,87867.704.27$16,553
Feb 20254,47170.884.34$19,408
Jan 20254,85974.324.28$20,790
Dec 20244,90068.993.12$15,295
Nov 20244,34469.052.20$9,550
Oct 20243,35071.372.28$7,643
Sep 20242,04569.612.36$4,835
Aug 20242,16475.632.06$4,466
Jul 20246,05879.932.15$13,004
Jun 20244,58178.082.63$12,066
May 20244,64678.812.20$10,214
Apr 20244,65484.451.66$7,722
Mar 20244,63780.301.55$7,165
Feb 20243,54676.091.78$6,325
Jan 20243,07173.023.30$10,127
Dec 20233,20371.262.61$8,362
Nov 20233,28377.892.81$9,217
Oct 20232,86285.443.09$8,836
Sep 20233,34189.042.74$9,138
Aug 20233,16480.522.67$8,457
Jul 20233,16774.852.64$8,367
Jun 20233,83068.962.26$8,650
May 20235,01770.622.23$11,175
Apr 20233,57978.122.24$8,009
Mar 20232,88772.852.39$6,909
Feb 20232,98775.112.47$7,365
Jan 20232,92976.533.39$9,923
Dec 20223,30876.415.73$18,952
Nov 20224,29385.005.65$24,239
Oct 20224,24387.185.86$24,880
Sep 20224,19084.888.16$34,206
Aug 20223,14694.529.13$28,714
Jul 20222,943101.587.54$22,196
Jun 20222,826115.097.98$22,544
May 20223,661109.378.43$30,873
Apr 20224,529104.226.84$30,967
Mar 20223,187108.885.08$16,178
Feb 20223,64491.054.86$17,706
Jan 20225,48081.844.54$24,866
Dec 20215,62271.323.90$21,921
Nov 20212,82877.435.24$14,810
Oct 20214,33779.795.71$24,781
Sep 20215,39369.865.35$28,858
Aug 20215,86066.024.22$24,733
Jul 20215,88470.783.98$23,431
Jun 20215,97469.493.38$20,196
May 20216,70963.483.02$20,246
Apr 20215,99060.362.76$16,523
Mar 20213,52461.302.72$9,575
Feb 20211,64057.805.55$9,099
Jan 20212,42250.412.81$6,806
Dec 20203,29444.642.68$8,813
Nov 20202,92338.772.71$7,911
Oct 20202,95236.972.48$7,316
Sep 20202,27437.091.99$4,528
Aug 20203,10039.982.39$7,394
Jul 20204,47538.371.83$8,167
Jun 20205,11734.901.69$8,649
May 20204,89516.921.81$8,883
Apr 20206,25114.751.80$11,279
Mar 20206,36530.341.86$11,815
Feb 20206,19249.881.98$12,264
Jan 20206,82657.252.09$14,299
Dec 20196,97359.012.30$16,068
Nov 20197,02455.302.75$19,321
Oct 20193,56353.472.42$8,617
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 20191146.033.23$36
Dec 201859646.594.19$2,495
Nov 20182,11152.934.24$8,945
Oct 20182,29561.443.40$7,799
Sep 20182,04059.543.11$6,340
Aug 20181,72059.403.07$5,274
Jul 20182,38465.142.93$6,990
Jun 20183,12760.183.08$9,622
May 20182,96965.382.90$8,612
Apr 20182,12863.842.90$6,173
Mar 20182,36761.222.79$6,596
Feb 20183,94561.782.77$10,912
Jan 20185,81962.874.01$23,330
Dec 20175,76657.272.92$16,845
Nov 20176,60455.423.12$20,594
Oct 20175,33849.292.98$15,927
Sep 20174,18447.523.09$12,917
Aug 20174,03145.373.00$12,111
Jul 20173,36243.873.09$10,379
Jun 20173,60842.493.09$11,139
May 20173,01245.373.26$9,829
Apr 20172,53047.933.21$8,125
Mar 20172,26646.772.98$6,761
Feb 20172,10450.452.95$6,212
Jan 20172,66249.413.42$9,101
Dec 20162,44948.763.72$9,117
Nov 20164,10842.492.64$10,863
Oct 20163,83046.193.09$11,836
Sep 20163,61141.553.10$11,196
Aug 20163,64141.442.92$10,648
Jul 20163,63641.622.92$10,633
Jun 20162,34745.352.69$6,304
May 20165,23742.521.99$10,427
Apr 20165,75936.561.99$11,466
Mar 20165,85733.011.79$10,508
Feb 20163,64426.472.06$7,520
Jan 20163,68027.352.36$8,701
Dec 20153,44132.362.00$6,887
Nov 20154,35938.792.17$9,447
Oct 201589743.552.43$2,177
Sep 20151,44242.992.76$3,978
Aug 20151,48640.162.87$4,269
Jul 20151,52448.152.95$4,488
Jun 20151,47656.152.88$4,255
May 20151,63155.212.96$4,820
Apr 20156,70949.822.71$18,158
Mar 20158,12442.892.93$23,842
Feb 20156,83844.662.98$20,351
Jan 20156,06643.433.10$18,808
Dec 20145,13754.693.59$18,449
Nov 20147,23170.464.25$30,745
Oct 20148,53778.303.90$33,303
Sep 20146,87086.164.05$27,792
Aug 20141,18189.394.04$4,765
Jul 2014096.564.18$0
Jun 20143,73098.164.74$17,669
May 20149,55894.734.73$45,176
Apr 201410,11295.944.81$48,630
Mar 201411,47395.895.06$58,017
Feb 201410,44797.406.19$64,688
Jan 201411,31190.404.86$54,980
Dec 201312,13291.824.35$52,829
Nov 201311,94588.853.74$44,654
Oct 201312,03897.423.78$45,496
Sep 201312,016104.113.72$44,672
Aug 201312,630104.253.52$44,491
Jul 201312,170102.523.72$45,245
Jun 201312,72694.403.93$50,057
May 201313,18094.834.15$54,685
Apr 201312,66993.964.28$54,256
Mar 201314,54193.623.91$56,897
Feb 201312,31491.233.42$42,113
Jan 201312,57291.603.42$42,995
Dec 20128,60586.773.42$29,430
Nov 201212,46486.953.62$45,182
Oct 201213,71289.383.40$46,616
Sep 201214,07894.672.92$41,085
Aug 201214,74892.662.91$42,890
Jul 201217,36785.133.02$52,462
Jun 201220,16479.822.52$50,794
May 201218,84991.612.49$46,902
Apr 201221,440101.652.00$42,811
Mar 201223,138105.052.22$51,414
Feb 201220,943101.102.57$53,829
Jan 201223,65798.092.73$64,680
Dec 201124,63996.873.24$79,824
Nov 201122,68895.723.31$75,126
Oct 201131,47684.983.65$114,841
Sep 201132,01683.623.99$127,609
Aug 201133,59083.404.15$139,376
Jul 201134,51694.144.52$155,917
Jun 201132,42692.904.64$150,453
May 201132,71598.134.40$144,104
Apr 201134,408105.964.33$149,100
Mar 201138,11896.364.06$154,658
Feb 201136,12485.644.18$150,998
Jan 201144,71586.504.59$205,187
Dec 201050,06285.734.35$217,657
Nov 201029,09580.843.80$110,425

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                1,163 Mcf  × $  3.05 =     $3,542

────────────────────────────────────────────────────
Month total                                   $3,542

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/259128 is the state's own key, not one this site invented.