FREIGHT TRAIN 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 260203District 09Field 65280200GasSaveExport
Value, all time
$4.1 M
Feb 2011 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
184
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
GasProduction1,256,150 Mcf$4,079,922
Total$4,079,922

Every month this lease reported (184)

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

184 months

May 20261,252106.413.05$3,813
Apr 20262,22298.932.87$6,377
Mar 20263,74789.753.15$11,801
Feb 20263,78963.503.75$14,210
Jan 20263,22859.138.00$25,817
Dec 20253,81856.664.41$16,850
Nov 20253,16358.593.93$12,419
Oct 20254,01859.383.30$13,279
Sep 20254,07462.743.08$12,535
Aug 20253,46563.933.01$10,446
Jul 20253,25166.743.32$10,778
Jun 20253,78566.483.13$11,842
May 20253,65460.553.23$11,811
Apr 20253,37662.363.54$11,962
Mar 20253,69667.704.27$15,776
Feb 20252,92470.884.34$12,693
Jan 20253,74674.324.28$16,028
Dec 20243,88268.993.12$12,117
Nov 20244,08369.052.20$8,976
Oct 20243,89571.372.28$8,886
Sep 20244,31469.612.36$10,200
Aug 20244,48975.632.06$9,264
Jul 20243,88579.932.15$8,340
Jun 20243,85578.082.63$10,154
May 20243,19778.812.20$7,028
Apr 20242,17184.451.66$3,602
Mar 20244,70180.301.55$7,264
Feb 20244,09176.091.78$7,297
Jan 20243,69473.023.30$12,182
Dec 20234,29871.262.61$11,221
Nov 20233,88477.892.81$10,905
Oct 20233,31685.443.09$10,237
Sep 202374989.042.74$2,049
Aug 20233,88280.522.67$10,376
Jul 20233,70774.852.64$9,793
Jun 202396868.962.26$2,186
May 202392370.622.23$2,056
Apr 20233,44078.122.24$7,698
Mar 20234,91972.852.39$11,772
Feb 20234,12475.112.47$10,168
Jan 20234,50076.533.39$15,245
Dec 20223,76076.415.73$21,541
Nov 20223,79885.005.65$21,444
Oct 20223,42387.185.86$20,072
Sep 20221,52884.888.16$12,474
Aug 20224,19394.529.13$38,270
Jul 20223,883101.587.54$29,286
Jun 20223,860115.097.98$30,792
May 20223,218109.378.43$27,138
Apr 20223,450104.226.84$23,590
Mar 20223,987108.885.08$20,240
Feb 20222,22691.054.86$10,816
Jan 20223,49081.844.54$15,837
Dec 20214,09671.323.90$15,971
Nov 20213,32477.435.24$17,407
Oct 20211,48679.795.71$8,491
Sep 202116769.865.35$894
Aug 20211,51966.024.22$6,411
Jul 202161970.783.98$2,465
Jun 20211,84069.493.38$6,220
May 20212,13463.483.02$6,440
Apr 20213,19160.362.76$8,802
Mar 20213,24161.302.72$8,806
Feb 20211,15157.805.55$6,386
Jan 20214,84550.412.81$13,616
Dec 20205,71844.642.68$15,298
Nov 20204,45638.772.71$12,060
Oct 20206,06636.972.48$15,034
Sep 20205,92437.091.99$11,795
Aug 20205,37239.982.39$12,813
Jul 20205,88338.371.83$10,737
Jun 20205,84634.901.69$9,882
May 20204,21516.921.81$7,649
Apr 20204,37214.751.80$7,889
Mar 20206,19430.341.86$11,497
Feb 20206,88149.881.98$13,629
Jan 20206,78057.252.09$14,202
Dec 20197,81959.012.30$18,018
Nov 20198,67455.302.75$23,860
Oct 20198,36653.472.42$20,234
Sep 20198,05555.052.66$21,404
Aug 20198,44253.112.30$19,453
Jul 20198,47856.272.46$20,856
Jun 20198,44552.782.49$21,038
May 20199,00858.482.74$24,685
Apr 20199,29262.632.75$25,560
Mar 201910,10456.803.06$30,939
Feb 20199,36850.852.79$26,158
Jan 20199,71646.033.23$31,365
Dec 201810,18646.594.19$42,633
Nov 201811,44952.934.24$48,512
Oct 201812,61161.443.40$42,853
Sep 201810,01259.543.11$31,117
Aug 20189,25559.403.07$28,381
Jul 20188,41865.142.93$24,681
Jun 20186,85160.183.08$21,080
May 20187,15665.382.90$20,758
Apr 201854963.842.90$1,593
Mar 201813861.222.79$385
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201710457.272.92$304
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 20175,17547.523.09$15,977
Aug 20172,67045.373.00$8,022
Jul 20175,54143.873.09$17,107
Jun 201710,24942.493.09$31,642
May 20176,27045.373.26$20,462
Apr 201710,76547.933.21$34,573
Mar 20175,02946.772.98$15,005
Feb 201713,05750.452.95$38,552
Jan 201710,90449.413.42$37,279
Dec 20169,59748.763.72$35,728
Nov 20167,48042.492.64$19,780
Oct 201613,73146.193.09$42,432
Sep 20169,17641.553.10$28,451
Aug 201613,97041.442.92$40,853
Jul 201612,91441.622.92$37,765
Jun 201616,70545.352.69$44,867
May 201616,24342.521.99$32,340
Apr 201611,55936.561.99$23,014
Mar 201616,31633.011.79$29,271
Feb 2016026.472.06$0
Jan 20167,13127.352.36$16,860
Dec 201512,32932.362.00$24,675
Nov 201513,14138.792.17$28,481
Oct 201517,01543.552.43$41,288
Sep 201517,03342.992.76$46,984
Aug 201512,29340.162.87$35,312
Jul 201511,00448.152.95$32,408
Jun 201512,29356.152.88$35,439
May 201511,39355.212.96$33,671
Apr 201531349.822.71$847
Mar 201543142.892.93$1,265
Feb 20152,51244.662.98$7,476
Jan 2015043.433.10$0
Dec 20143254.693.59$115
Nov 2014270.464.25$9
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 20142394.734.73$109
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014290.404.86$10
Dec 2013091.824.35$0
Nov 20131,20288.853.74$4,493
Oct 20133,74597.423.78$14,154
Sep 20133,363104.113.72$12,503
Aug 20130104.253.52$0
Jul 20131,874102.523.72$6,967
Jun 20136,96994.403.93$27,412
May 20132,38194.834.15$9,879
Apr 2013093.964.28$0
Mar 20134,86493.623.91$19,032
Feb 201310,63191.233.42$36,357
Jan 201312,01891.603.42$41,100
Dec 20126,16686.773.42$21,089
Nov 201222,05786.953.62$79,956
Oct 20127,01889.383.40$23,859
Sep 201213,09294.672.92$38,208
Aug 201214,16492.662.91$41,191
Jul 201216,41685.133.02$49,589
Jun 201221,52779.822.52$54,227
May 201219,51991.612.49$48,570
Apr 201213,991101.652.00$27,937
Mar 201210,676105.052.22$23,723
Feb 201218,392101.102.57$47,272
Jan 201220,53598.092.73$56,144
Dec 20114,40696.873.24$14,274
Nov 201119,38895.723.31$64,199
Oct 201126,73784.983.65$97,551
Sep 201129,01783.623.99$115,656
Aug 201133,01483.404.15$136,986
Jul 201135,96994.144.52$162,481
Jun 201140,72992.904.64$188,978
May 201152,08898.134.40$229,438
Apr 20119,097105.964.33$39,420
Mar 2011096.364.06$0
Feb 2011085.644.18$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                1,252 Mcf  × $  3.05 =     $3,813

────────────────────────────────────────────────────
Month total                                   $3,813

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/260203 is the state's own key, not one this site invented.