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 259592District 09Field 65280200GasSaveExport
Value, all time
$2.2 M
Oct 2010 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
188
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
GasProduction597,951 Mcf$2,203,784
Total$2,203,784

Every month this lease reported (188)

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

188 months

May 2026597106.413.05$1,818
Apr 202665298.932.87$1,871
Mar 202636589.753.15$1,150
Feb 202652163.503.75$1,954
Jan 202632059.138.00$2,559
Dec 202529956.664.41$1,320
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 20251762.743.08$52
Aug 20259063.933.01$271
Jul 202521066.743.32$696
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 20237275.112.47$178
Jan 202320176.533.39$681
Dec 202261076.415.73$3,495
Nov 202248785.005.65$2,750
Oct 202241087.185.86$2,404
Sep 202266784.888.16$5,445
Aug 202270294.529.13$6,407
Jul 2022751101.587.54$5,664
Jun 2022748115.097.98$5,967
May 2022730109.378.43$6,156
Apr 2022738104.226.84$5,046
Mar 202299108.885.08$503
Feb 202257991.054.86$2,813
Jan 202294581.844.54$4,288
Dec 202119871.323.90$772
Nov 202119277.435.24$1,005
Oct 202119879.795.71$1,131
Sep 202119269.865.35$1,027
Aug 202119866.024.22$836
Jul 202119870.783.98$788
Jun 202119269.493.38$649
May 202119863.483.02$598
Apr 202119260.362.76$530
Mar 202114761.302.72$399
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 202027537.091.99$548
Aug 202079039.982.39$1,884
Jul 202094638.371.83$1,727
Jun 20201,00734.901.69$1,702
May 202080216.921.81$1,455
Apr 2020014.751.80$0
Mar 202093430.341.86$1,734
Feb 202086649.881.98$1,715
Jan 202052557.252.09$1,100
Dec 201916459.012.30$378
Nov 2019055.302.75$0
Oct 20192753.472.42$65
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201926752.782.49$665
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019146.033.23$3
Dec 201818446.594.19$770
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 201870361.782.77$1,945
Jan 201888662.874.01$3,552
Dec 20172,84057.272.92$8,297
Nov 20172,08855.423.12$6,511
Oct 20172,22849.292.98$6,648
Sep 20172,36147.523.09$7,289
Aug 20172,70445.373.00$8,124
Jul 20173,27743.873.09$10,117
Jun 20172,61942.493.09$8,086
May 20171,34245.373.26$4,379
Apr 20171,76247.933.21$5,659
Mar 20172,74146.772.98$8,178
Feb 20172,64850.452.95$7,818
Jan 20173,27149.413.42$11,183
Dec 20163,45848.763.72$12,874
Nov 20163,07342.492.64$8,126
Oct 20161,42146.193.09$4,391
Sep 20162,97141.553.10$9,212
Aug 20164,19141.442.92$12,256
Jul 20164,53341.622.92$13,256
Jun 20164,30745.352.69$11,568
May 20162,83442.521.99$5,643
Apr 20164,61136.561.99$9,181
Mar 20162,66133.011.79$4,774
Feb 20162,36226.472.06$4,874
Jan 20163,47127.352.36$8,207
Dec 20152,64732.362.00$5,298
Nov 20152,25638.792.17$4,890
Oct 20152,87643.552.43$6,979
Sep 20154,14042.992.76$11,420
Aug 201548840.162.87$1,402
Jul 20153,17248.152.95$9,342
Jun 20153,13756.152.88$9,044
May 20153,95055.212.96$11,674
Apr 20151,24249.822.71$3,362
Mar 20151,33842.892.93$3,927
Feb 20152,61244.662.98$7,774
Jan 20151,29243.433.10$4,006
Dec 20143,34754.693.59$12,020
Nov 20146,27670.464.25$26,685
Oct 20144,63978.303.90$18,097
Sep 20144,65086.164.05$18,811
Aug 20145,62889.394.04$22,710
Jul 20141,80996.564.18$7,561
Jun 201448598.164.74$2,297
May 20141,41794.734.73$6,698
Apr 20143,86195.944.81$18,568
Mar 20145,66895.895.06$28,662
Feb 20145,26397.406.19$32,589
Jan 20146,68790.404.86$32,504
Dec 20138,47391.824.35$36,896
Nov 20138,70088.853.74$32,523
Oct 20133,98897.423.78$15,072
Sep 20139,770104.113.72$36,322
Aug 201312,736104.253.52$44,864
Jul 20139,746102.523.72$36,233
Jun 20137,73694.403.93$30,429
May 20138,46994.834.15$35,139
Apr 20132,84993.964.28$12,201
Mar 20131,95193.623.91$7,634
Feb 20133,68591.233.42$12,602
Jan 20135,22291.603.42$17,859
Dec 20126,25686.773.42$21,397
Nov 20123,66286.953.62$13,275
Oct 201294789.383.40$3,220
Sep 20121994.672.92$55
Aug 20124,78992.662.91$13,927
Jul 20127,43185.133.02$22,448
Jun 20128,57879.822.52$21,608
May 201211,83091.612.49$29,437
Apr 20127,733101.652.00$15,441
Mar 201212,891105.052.22$28,645
Feb 201212,307101.102.57$31,632
Jan 201214,40798.092.73$39,390
Dec 201118,08796.873.24$58,597
Nov 201120,43095.723.31$67,649
Oct 201119,19684.983.65$70,037
Sep 20115,06183.623.99$20,172
Aug 20115,84183.404.15$24,236
Jul 201113,70694.144.52$61,913
Jun 201117,88792.904.64$82,994
May 20119,32598.134.40$41,075
Apr 201125,646105.964.33$111,131
Mar 201130,82296.364.06$125,055
Feb 201117,64085.644.18$73,735
Jan 201141,23186.504.59$189,200
Dec 201028,60585.734.35$124,367
Nov 2010080.843.80$0
Oct 201055378.103.51$1,940

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                  597 Mcf  × $  3.05 =     $1,818

────────────────────────────────────────────────────
Month total                                   $1,818

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/259592 is the state's own key, not one this site invented.