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 260738District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$180 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
GasProduction1,028,970 Mcf$3,486,963
Total$3,486,963

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 20265,359106.413.05$16,323
Apr 20265,38498.932.87$15,451
Mar 20263,95689.753.15$12,459
Feb 20264,46963.503.75$16,760
Jan 20264,21059.138.00$33,671
Dec 20253,52156.664.41$15,539
Nov 20253,20958.593.93$12,600
Oct 20253,13459.383.30$10,357
Sep 20254,14562.743.08$12,754
Aug 20253,51763.933.01$10,603
Jul 20253,49666.743.32$11,590
Jun 20253,72066.483.13$11,639
May 20253,27560.553.23$10,586
Apr 20254,10362.363.54$14,537
Mar 20252,89567.704.27$12,357
Feb 20253,46870.884.34$15,054
Jan 20252,63874.324.28$11,287
Dec 20243,17768.993.12$9,917
Nov 20243,09969.052.20$6,813
Oct 20243,01971.372.28$6,888
Sep 20242,69569.612.36$6,372
Aug 20243,68975.632.06$7,613
Jul 20243,90479.932.15$8,380
Jun 20243,95278.082.63$10,409
May 20244,40078.812.20$9,673
Apr 20244,47384.451.66$7,422
Mar 20244,61180.301.55$7,125
Feb 20244,24576.091.78$7,572
Jan 20244,67073.023.30$15,400
Dec 20234,85971.262.61$12,685
Nov 20234,94677.892.81$13,886
Oct 20234,63385.443.09$14,303
Sep 20234,99689.042.74$13,664
Aug 20235,20480.522.67$13,910
Jul 20235,53974.852.64$14,633
Jun 20236,13868.962.26$13,863
May 20235,04170.622.23$11,228
Apr 20235,46478.122.24$12,227
Mar 20235,30072.852.39$12,684
Feb 20233,87575.112.47$9,555
Jan 20234,79676.533.39$16,248
Dec 20224,46776.415.73$25,592
Nov 20224,81485.005.65$27,181
Oct 20223,78687.185.86$22,200
Sep 20223,25584.888.16$26,573
Aug 20225,47794.529.13$49,989
Jul 20224,486101.587.54$33,834
Jun 20223,849115.097.98$30,704
May 20223,998109.378.43$33,715
Apr 20223,569104.226.84$24,403
Mar 20224,369108.885.08$22,179
Feb 20223,96691.054.86$19,270
Jan 20224,58681.844.54$20,810
Dec 20214,53571.323.90$17,683
Nov 20214,59077.435.24$24,037
Oct 20214,64579.795.71$26,541
Sep 20214,41469.865.35$23,619
Aug 20214,10766.024.22$17,334
Jul 20214,45370.783.98$17,732
Jun 20214,83569.493.38$16,345
May 20214,01663.483.02$12,119
Apr 20213,12660.362.76$8,623
Mar 20213,20661.302.72$8,711
Feb 20212,93857.805.55$16,300
Jan 20213,95750.412.81$11,120
Dec 20204,42444.642.68$11,836
Nov 20204,52338.772.71$12,242
Oct 20205,54236.972.48$13,735
Sep 20203,52737.091.99$7,022
Aug 20203,39039.982.39$8,085
Jul 20204,65838.371.83$8,501
Jun 20204,70434.901.69$7,951
May 20203,62916.921.81$6,586
Apr 20204,27614.751.80$7,716
Mar 20204,31530.341.86$8,010
Feb 20203,53449.881.98$7,000
Jan 20203,78157.252.09$7,920
Dec 20194,36159.012.30$10,049
Nov 20194,30855.302.75$11,850
Oct 20194,89953.472.42$11,848
Sep 20194,68555.052.66$12,449
Aug 20194,98253.112.30$11,480
Jul 20195,16156.272.46$12,696
Jun 20195,02952.782.49$12,528
May 20195,09258.482.74$13,954
Apr 20194,95062.632.75$13,616
Mar 20194,48856.803.06$13,743
Feb 20194,15050.852.79$11,588
Jan 20195,00446.033.23$16,154
Dec 20185,00846.594.19$20,961
Nov 20185,43052.934.24$23,008
Oct 20186,85861.443.40$23,304
Sep 20185,86859.543.11$18,238
Aug 20186,20659.403.07$19,031
Jul 20187,87265.142.93$23,080
Jun 20185,60260.183.08$17,237
May 20185,37665.382.90$15,595
Apr 20186,23063.842.90$18,072
Mar 20185,42761.222.79$15,124
Feb 20183,80361.782.77$10,520
Jan 20183,80162.874.01$15,239
Dec 20173,64157.272.92$10,637
Nov 20172,00955.423.12$6,265
Oct 20173,55549.292.98$10,607
Sep 20172,45647.523.09$7,582
Aug 20171,04245.373.00$3,131
Jul 20172,30643.873.09$7,119
Jun 20173,38442.493.09$10,447
May 20173,00145.373.26$9,793
Apr 20174,84247.933.21$15,551
Mar 20176,74346.772.98$20,119
Feb 20177,46750.452.95$22,047
Jan 20177,84549.413.42$26,820
Dec 20166,01648.763.72$22,397
Nov 20167,28542.492.64$19,264
Oct 20168,32746.193.09$25,733
Sep 20168,86941.553.10$27,499
Aug 201610,59241.442.92$30,975
Jul 201610,65841.622.92$31,168
Jun 20166,41945.352.69$17,240
May 20166,21642.521.99$12,376
Apr 20163,71636.561.99$7,399
Mar 20162,13133.011.79$3,823
Feb 201659326.472.06$1,224
Jan 20161,07627.352.36$2,544
Dec 201597632.362.00$1,953
Nov 20153,22938.792.17$6,998
Oct 20153,24043.552.43$7,862
Sep 20153,59842.992.76$9,925
Aug 20154,05540.162.87$11,648
Jul 20155,50848.152.95$16,222
Jun 20153,99156.152.88$11,505
May 20155,18855.212.96$15,333
Apr 20155,56049.822.71$15,049
Mar 20156,02342.892.93$17,676
Feb 20153,76044.662.98$11,190
Jan 20153,01943.433.10$9,361
Dec 20142,72854.693.59$9,797
Nov 20143,21870.464.25$13,682
Oct 20143,74078.303.90$14,590
Sep 20143,24686.164.05$13,132
Aug 20142,47889.394.04$9,999
Jul 20142,03496.564.18$8,501
Jun 201483898.164.74$3,970
May 20148594.734.73$402
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 20141390.404.86$63
Dec 201328491.824.35$1,237
Nov 201331188.853.74$1,163
Oct 201318697.423.78$703
Sep 20132,283104.113.72$8,488
Aug 20133,837104.253.52$13,516
Jul 20139,985102.523.72$37,122
Jun 20139,53994.403.93$37,521
May 20136,63894.834.15$27,542
Apr 20139,57893.964.28$41,019
Mar 20134,38293.623.91$17,146
Feb 20133,94891.233.42$13,502
Jan 201310,38591.603.42$35,516
Dec 201212,88386.773.42$44,062
Nov 201214,54986.953.62$52,740
Oct 201216,71189.383.40$56,812
Sep 201212,99994.672.92$37,936
Aug 201214,07592.662.91$40,932
Jul 201221,00085.133.02$63,437
Jun 201210,96379.822.52$27,616
May 20127,27491.612.49$18,100
Apr 201212,280101.652.00$24,521
Mar 201213,971105.052.22$31,045
Feb 201214,342101.102.57$36,862
Jan 20125,88398.092.73$16,085
Dec 201120,83496.873.24$67,497
Nov 201117,98495.723.31$59,550
Oct 201119,13484.983.65$69,811
Sep 201121,81483.623.99$86,946
Aug 201131,67083.404.15$131,409
Jul 201139,49794.144.52$178,417
Jun 201127,47492.904.64$127,476
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.

May 2026 — as filed, then multipliedworked
Gas                5,359 Mcf  × $  3.05 =    $16,323

────────────────────────────────────────────────────
Month total                                  $16,323

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/260738 is the state's own key, not one this site invented.