HILLS OF BEAR CREEK III 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 259139District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Jan 2011 – May 2026
Value, last 12 filed months
$209 k
at the published price for each month
Months reported
185
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition260 bbl$21,841
GasProduction1,515,691 Mcf$5,293,984
Total$5,315,825

Every month this lease reported (185)

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

185 months

May 202605,011106.413.05$15,263
Apr 202604,91898.932.87$14,113
Mar 202604,46989.753.15$14,075
Feb 202604,64563.503.75$17,420
Jan 202603,35259.138.00$26,809
Dec 202505,02356.664.41$22,168
Nov 202505,17658.593.93$20,323
Oct 202505,24459.383.30$17,331
Sep 202504,06162.743.08$12,495
Aug 2025134,52963.933.01$14,485
Jul 2025335,04666.743.32$18,931
Jun 202505,05066.483.13$15,800
May 202505,17760.553.23$16,734
Apr 202504,89962.363.54$17,358
Mar 202565,34067.704.27$23,199
Feb 202504,05870.884.34$17,615
Jan 202505,06674.324.28$21,676
Dec 202405,60468.993.12$17,492
Nov 202405,44569.052.20$11,971
Oct 202405,42271.372.28$12,370
Sep 202404,13869.612.36$9,784
Aug 202403,85075.632.06$7,945
Jul 202405,02479.932.15$10,784
Jun 202405,01178.082.63$13,199
May 202406,43078.812.20$14,136
Apr 202402,35984.451.66$3,914
Mar 202405,33880.301.55$8,248
Feb 202403,62376.091.78$6,462
Jan 202404,83773.023.30$15,951
Dec 202303,17171.262.61$8,279
Nov 202305,16977.892.81$14,512
Oct 202303,72485.443.09$11,497
Sep 202305,25889.042.74$14,381
Aug 202303,73880.522.67$9,991
Jul 202303,92874.852.64$10,377
Jun 202303,48168.962.26$7,862
May 202303,34270.622.23$7,444
Apr 202303,04978.122.24$6,823
Mar 202304,19972.852.39$10,049
Feb 202304,44375.112.47$10,955
Jan 202303,60376.533.39$12,206
Dec 202203,64876.415.73$20,900
Nov 202202,28185.005.65$12,879
Oct 2022035487.185.86$2,076
Sep 202201,14084.888.16$9,307
Aug 202206,01894.529.13$54,927
Jul 2022484,555101.587.54$39,230
Jun 202204,991115.097.98$39,814
May 202205,359109.378.43$45,193
Apr 202204,992104.226.84$34,133
Mar 202205,356108.885.08$27,189
Feb 202204,45991.054.86$21,666
Jan 202203,11081.844.54$14,112
Dec 202103,73171.323.90$14,548
Nov 202101,11377.435.24$5,829
Oct 202105,45879.795.71$31,186
Sep 202105,48669.865.35$29,355
Aug 202106,23366.024.22$26,307
Jul 202107,04870.783.98$28,066
Jun 202105,28569.493.38$17,867
May 202101,07263.483.02$3,235
Apr 202104,09660.362.76$11,298
Mar 2021027561.302.72$747
Feb 202103,64057.805.55$20,195
Jan 202105,05150.412.81$14,195
Dec 202004,98644.642.68$13,340
Nov 202004,83438.772.71$13,084
Oct 202004,75736.972.48$11,790
Sep 202004,45037.091.99$8,860
Aug 202006,22639.982.39$14,850
Jul 202006,05638.371.83$11,053
Jun 202006,04134.901.69$10,211
May 202006,42416.921.81$11,658
Apr 202005,11614.751.80$9,231
Mar 202005,10130.341.86$9,469
Feb 202005,47049.881.98$10,834
Jan 202005,88557.252.09$12,328
Dec 201905,39659.012.30$12,434
Nov 201905,91455.302.75$16,268
Oct 201906,43153.472.42$15,554
Sep 201906,68155.052.66$17,753
Aug 201905,84053.112.30$13,457
Jul 201905,81656.272.46$14,308
Jun 201905,59152.782.49$13,928
May 201906,39758.482.74$17,530
Apr 201906,18662.632.75$17,016
Mar 201908,26656.803.06$25,311
Feb 201904,34950.852.79$12,143
Jan 201906,19946.033.23$20,011
Dec 201806,23046.594.19$26,075
Nov 201806,40852.934.24$27,152
Oct 201806,93661.443.40$23,569
Sep 201805,36159.543.11$16,662
Aug 201805,65859.403.07$17,351
Jul 201806,36565.142.93$18,661
Jun 201806,54760.183.08$20,145
May 201806,52365.382.90$18,922
Apr 201806,43863.842.90$18,675
Mar 201807,77961.222.79$21,679
Feb 201806,19561.782.77$17,136
Jan 201805,56962.874.01$22,328
Dec 201707,72857.272.92$22,578
Nov 201707,44555.423.12$23,216
Oct 201706,58649.292.98$19,651
Sep 201707,72547.523.09$23,849
Aug 201707,22945.373.00$21,719
Jul 201706,96143.873.09$21,491
Jun 201707,07442.493.09$21,839
May 201706,68545.373.26$21,816
Apr 201706,58047.933.21$21,132
Mar 201707,16646.772.98$21,381
Feb 201706,31250.452.95$18,637
Jan 201708,16149.413.42$27,901
Dec 201609,10548.763.72$33,896
Nov 201609,64442.492.64$25,502
Oct 201607,61446.193.09$23,529
Sep 201608,35241.553.10$25,896
Aug 201605,86841.442.92$17,160
Jul 201608,64041.622.92$25,266
Jun 201607,45645.352.69$20,026
May 201608,17142.521.99$16,269
Apr 201607,93036.561.99$15,789
Mar 201609,90133.011.79$17,762
Feb 201609,74926.472.06$20,118
Jan 201609,03227.352.36$21,355
Dec 201509,35532.362.00$18,723
Nov 201509,45238.792.17$20,486
Oct 2015010,04643.552.43$24,377
Sep 201507,53842.992.76$20,793
Aug 20152994040.162.87$3,865
Jul 201508,65448.152.95$25,487
Jun 2015010,66556.152.88$30,746
May 2015011,10655.212.96$32,823
Apr 2015011,14949.822.71$30,176
Mar 2015012,59042.892.93$36,948
Feb 2015011,21944.662.98$33,390
Jan 201517,66043.433.10$23,794
Dec 201408,26954.693.59$29,697
Nov 201407,93270.464.25$33,726
Oct 201409,83978.303.90$38,382
Sep 201409,30886.164.05$37,655
Aug 201407,86789.394.04$31,744
Jul 201409,40296.564.18$39,297
Jun 2014011,30198.164.74$53,531
May 201412910,42394.734.73$61,485
Apr 201409,65195.944.81$46,413
Mar 201409,42595.895.06$47,660
Feb 201409,58697.406.19$59,357
Jan 2014012,65590.404.86$61,512
Dec 2013011,62391.824.35$50,612
Nov 2013010,99788.853.74$41,110
Oct 2013111,66797.423.78$44,191
Sep 2013012,068104.113.72$44,866
Aug 2013012,346104.253.52$43,490
Jul 2013011,622102.523.72$43,208
Jun 2013010,86594.403.93$42,737
May 2013011,47994.834.15$47,627
Apr 2013010,52593.964.28$45,074
Mar 2013011,12593.623.91$43,531
Feb 2013010,75091.233.42$36,764
Jan 2013012,22291.603.42$41,798
Dec 2012012,58986.773.42$43,056
Nov 2012012,06386.953.62$43,728
Oct 2012012,75389.383.40$43,356
Sep 2012012,06394.672.92$35,205
Aug 2012012,85392.662.91$37,379
Jul 2012013,42185.133.02$40,542
Jun 2012011,88479.822.52$29,936
May 201206,83891.612.49$17,015
Apr 2012012,630101.652.00$25,220
Mar 2012016,597105.052.22$36,880
Feb 2012016,980101.102.57$43,643
Jan 2012018,44398.092.73$50,425
Dec 2011011,85796.873.24$38,414
Nov 2011015,85495.723.31$52,497
Oct 2011019,90784.983.65$72,631
Sep 2011021,15183.623.99$84,304
Aug 2011022,70483.404.15$94,206
Jul 2011024,11294.144.52$108,920
Jun 2011025,94192.904.64$120,363
May 2011029,26898.134.40$128,920
Apr 2011028,909105.964.33$125,271
Mar 2011033,97996.364.06$137,864
Feb 2011035,11385.644.18$146,772
Jan 2011042,92586.504.59$196,973

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
Condensate             0 bbl  × $106.41 =         $0
Gas                5,011 Mcf  × $  3.05 =    $15,263

────────────────────────────────────────────────────
Month total                                  $15,263

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/259139 is the state's own key, not one this site invented.