SMITH 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 260370District 09Field 65280200GasSaveExport
Value, all time
$7.1 M
Jan 2011 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
185
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
GasProduction2,128,629 Mcf$7,072,186
Total$7,072,186

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 20264,124106.413.05$12,561
Apr 20265,21398.932.87$14,960
Mar 20264,59789.753.15$14,478
Feb 20263,61363.503.75$13,550
Jan 20264,87359.138.00$38,974
Dec 20254,01756.664.41$17,728
Nov 20255,54258.593.93$21,760
Oct 20255,01759.383.30$16,580
Sep 20255,63962.743.08$17,351
Aug 20255,11663.933.01$15,424
Jul 20255,88266.743.32$19,500
Jun 20255,48166.483.13$17,149
May 20256,30460.553.23$20,377
Apr 20254,45062.363.54$15,767
Mar 20256,37767.704.27$27,219
Feb 20254,85670.884.34$21,079
Jan 20256,25974.324.28$26,780
Dec 20246,12768.993.12$19,125
Nov 20245,48669.052.20$12,061
Oct 20246,34671.372.28$14,478
Sep 20246,42169.612.36$15,182
Aug 20245,34075.632.06$11,020
Jul 202452079.932.15$1,116
Jun 202491778.082.63$2,415
May 20243,51978.812.20$7,736
Apr 20245,24084.451.66$8,694
Mar 20244,95580.301.55$7,656
Feb 20243,79076.091.78$6,760
Jan 20243,46273.023.30$11,417
Dec 20236,06271.262.61$15,826
Nov 20234,11577.892.81$11,553
Oct 20235,91885.443.09$18,271
Sep 20231,08689.042.74$2,970
Aug 20234,17580.522.67$11,159
Jul 20234,11074.852.64$10,858
Jun 202360368.962.26$1,362
May 20236,26270.622.23$13,948
Apr 20236,77178.122.24$15,152
Mar 20235,95972.852.39$14,261
Feb 20231,96575.112.47$4,845
Jan 20234,10776.533.39$13,913
Dec 20222,04276.415.73$11,699
Nov 20222,22185.005.65$12,540
Oct 20221,01187.185.86$5,928
Sep 202211684.888.16$947
Aug 20223,70894.529.13$33,844
Jul 20224,764101.587.54$35,930
Jun 20222,611115.097.98$20,828
May 20225,402109.378.43$45,555
Apr 20225,307104.226.84$36,287
Mar 20226,102108.885.08$30,976
Feb 20224,51491.054.86$21,933
Jan 20223,45481.844.54$15,673
Dec 20213,51871.323.90$13,717
Nov 202114177.435.24$738
Oct 20211,80379.795.71$10,302
Sep 20214,68569.865.35$25,069
Aug 20214,97066.024.22$20,976
Jul 20216,97670.783.98$27,779
Jun 20213,56969.493.38$12,065
May 20217,19663.483.02$21,715
Apr 20214,89460.362.76$13,500
Mar 20212,44061.302.72$6,629
Feb 20212,12057.805.55$11,762
Jan 20217,19750.412.81$20,226
Dec 20206,68744.642.68$17,891
Nov 20207,04338.772.71$19,062
Oct 20207,89336.972.48$19,562
Sep 20206,75937.091.99$13,457
Aug 20206,68339.982.39$15,940
Jul 20205,47538.371.83$9,993
Jun 20204,98234.901.69$8,421
May 20205,63016.921.81$10,217
Apr 20204,84714.751.80$8,746
Mar 20206,87530.341.86$12,762
Feb 20206,78749.881.98$13,443
Jan 202010,33957.252.09$21,658
Dec 20196,10659.012.30$14,070
Nov 20199,95155.302.75$27,372
Oct 20196,48453.472.42$15,682
Sep 20199,24055.052.66$24,553
Aug 20195,68153.112.30$13,091
Jul 20194,54856.272.46$11,188
Jun 20193,93752.782.49$9,808
May 20197,52758.482.74$20,626
Apr 201910,16462.632.75$27,958
Mar 20199,68356.803.06$29,650
Feb 20196,30250.852.79$17,597
Jan 20196,91246.033.23$22,313
Dec 20186,93046.594.19$29,005
Nov 20185,41252.934.24$22,932
Oct 20186,54061.443.40$22,223
Sep 20184,29359.543.11$13,343
Aug 2018059.403.07$0
Jul 20182,70065.142.93$7,916
Jun 201812,24060.183.08$37,662
May 201812,59165.382.90$36,524
Apr 201813,19463.842.90$38,273
Mar 201812,44261.222.79$34,674
Feb 201813,28261.782.77$36,740
Jan 201814,08062.874.01$56,451
Dec 201713,08857.272.92$38,237
Nov 201712,55155.423.12$39,139
Oct 201713,11449.292.98$39,128
Sep 201712,70747.523.09$39,230
Aug 201713,75345.373.00$41,320
Jul 201714,57643.873.09$45,000
Jun 201715,15342.493.09$46,782
May 201714,79345.373.26$48,275
Apr 201713,36547.933.21$42,923
Mar 201715,14546.772.98$45,188
Feb 201714,07850.452.95$41,567
Jan 201716,91549.413.42$57,829
Dec 201615,51448.763.72$57,756
Nov 201614,99942.492.64$39,663
Oct 201615,79646.193.09$48,814
Sep 201615,79441.553.10$48,971
Aug 201616,44741.442.92$48,097
Jul 201614,57441.622.92$42,619
Jun 201618,08445.352.69$48,571
May 201616,18342.521.99$32,221
Apr 201616,21236.561.99$32,279
Mar 201616,69533.011.79$29,951
Feb 201615,67126.472.06$32,339
Jan 201617,68527.352.36$41,814
Dec 201518,04532.362.00$36,115
Nov 201517,19638.792.17$37,269
Oct 201518,26443.552.43$44,319
Sep 201518,56242.992.76$51,202
Aug 201517,87840.162.87$51,354
Jul 201516,80648.152.95$49,495
Jun 201514,48856.152.88$41,767
May 20156,69255.212.96$19,778
Apr 201515,87249.822.71$42,959
Mar 201522,14142.892.93$64,977
Feb 201519,30844.662.98$57,464
Jan 201519,83243.433.10$61,492
Dec 201419,64154.693.59$70,538
Nov 201417,46070.464.25$74,237
Oct 201415,37278.303.90$59,966
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 20146,66496.564.18$27,853
Jun 20145698.164.74$265
May 201417,41994.734.73$82,332
Apr 201417,98795.944.81$86,502
Mar 201418,85395.895.06$95,336
Feb 201417,46697.406.19$108,149
Jan 201420,43290.404.86$99,314
Dec 201316591.824.35$718
Nov 201315,74788.853.74$58,867
Oct 201320,79597.423.78$78,592
Sep 201320,873104.113.72$77,600
Aug 201321,954104.253.52$77,335
Jul 201322,934102.523.72$85,263
Jun 201320,86794.403.93$82,078
May 201314,73294.834.15$61,124
Apr 201316,88193.964.28$72,294
Mar 201318,75193.623.91$73,370
Feb 201318,57191.233.42$63,511
Jan 201319,82491.603.42$67,796
Dec 201223,64386.773.42$80,863
Nov 201218,49386.953.62$67,036
Oct 201224,36889.383.40$82,843
Sep 201223,40794.672.92$68,311
Aug 201226,28692.662.91$76,444
Jul 201227,55985.133.02$83,250
Jun 201226,69479.822.52$67,243
May 201228,22891.612.49$70,240
Apr 201228,100101.652.00$56,110
Mar 201230,251105.052.22$67,220
Feb 201229,490101.102.57$75,796
Jan 201232,96898.092.73$90,137
Dec 201136,26396.873.24$117,483
Nov 201133,57695.723.31$111,180
Oct 201140,30384.983.65$147,047
Sep 201140,25783.623.99$160,456
Aug 201145,33283.404.15$188,097
Jul 201150,28294.144.52$227,136
Jun 201155,79992.904.64$258,901
May 201124,29498.134.40$107,011
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$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                4,124 Mcf  × $  3.05 =    $12,561

────────────────────────────────────────────────────
Month total                                  $12,561

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/260370 is the state's own key, not one this site invented.