TUBBS 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 260712District 09Field 65280200GasSaveExport
Value, all time
$3.0 M
Feb 2011 – May 2026
Value, last 12 filed months
$0
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
GasProduction851,422 Mcf$3,049,699
Total$3,049,699

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
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 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
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 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
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 2019046.033.23$0
Dec 2018046.594.19$0
Nov 20184652.934.24$195
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 20183059.403.07$92
Jul 2018465.142.93$12
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017957.272.92$26
Nov 20173,82155.423.12$11,915
Oct 20173,52749.292.98$10,523
Sep 20172,13347.523.09$6,585
Aug 20172,93845.373.00$8,827
Jul 20174,33843.873.09$13,393
Jun 20175,27042.493.09$16,270
May 20172,52245.373.26$8,230
Apr 201734947.933.21$1,121
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 201619741.553.10$611
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 20161142.521.99$22
Apr 20164,59936.561.99$9,157
Mar 20167,73733.011.79$13,880
Feb 20167,24826.472.06$14,957
Jan 20168,02427.352.36$18,972
Dec 20158,62432.362.00$17,260
Nov 20158,50338.792.17$18,429
Oct 20159,22543.552.43$22,385
Sep 20157,45342.992.76$20,559
Aug 20159,04340.162.87$25,976
Jul 20158,29948.152.95$24,441
Jun 20158,18156.152.88$23,585
May 20158,88955.212.96$26,271
Apr 20159,30949.822.71$25,195
Mar 20159,66842.892.93$28,373
Feb 20158,28144.662.98$24,646
Jan 201510,00643.433.10$31,025
Dec 201410,42954.693.59$37,454
Nov 201410,46970.464.25$44,513
Oct 201411,09378.303.90$43,273
Sep 201410,20186.164.05$41,268
Aug 201410,25589.394.04$41,380
Jul 201410,16796.564.18$42,494
Jun 20149,89198.164.74$46,852
May 201413,58094.734.73$64,187
Apr 201414,10595.944.81$67,833
Mar 201413,72595.895.06$69,405
Feb 201412,81797.406.19$79,363
Jan 201413,95090.404.86$67,807
Dec 201312,67091.824.35$55,171
Nov 201314,33088.853.74$53,570
Oct 201315,63197.423.78$59,075
Sep 201314,707104.113.72$54,677
Aug 201315,029104.253.52$52,941
Jul 201314,968102.523.72$55,647
Jun 201314,77494.403.93$58,112
May 201316,87294.834.15$70,003
Apr 201315,77193.964.28$67,541
Mar 201317,72993.623.91$69,371
Feb 201315,20891.233.42$52,010
Jan 201314,44191.603.42$49,387
Dec 201214,30986.773.42$48,939
Nov 20128,77586.953.62$31,809
Oct 20125,38389.383.40$18,300
Sep 201213,10394.672.92$38,240
Aug 201214,79492.662.91$43,023
Jul 201217,69985.133.02$53,465
Jun 20127,08379.822.52$17,842
May 201216,16991.612.49$40,234
Apr 201214,159101.652.00$28,273
Mar 201214,327105.052.22$31,836
Feb 201216,787101.102.57$43,147
Jan 201224,36398.092.73$66,610
Dec 201121,84896.873.24$70,782
Nov 201121,75095.723.31$72,020
Oct 201121,97384.983.65$80,169
Sep 201128,91683.623.99$115,253
Aug 201133,39783.404.15$138,575
Jul 201143,66194.144.52$197,227
Jun 201131,83092.904.64$147,687
May 2011098.134.40$0
Apr 20110105.964.33$0
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.

Nov 2018 — as filed, then multipliedworked
Gas                   46 Mcf  × $  4.24 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/260712 is the state's own key, not one this site invented.