ALEXANDER RANCH

Operated by BKV BARNETT II, LLC (P-5 103758) 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 261431District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Mar 2011 – May 2026
Value, last 12 filed months
$191 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition182 bbl$17,565
GasProduction1,864,597 Mcf$6,400,654
Total$6,418,219

Every month this lease reported (183)

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

183 months

May 202604,004106.413.05$12,196
Apr 202601,19298.932.87$3,421
Mar 2026077789.753.15$2,447
Feb 202601,77863.503.75$6,668
Jan 2026064059.138.00$5,119
Dec 202504,77056.664.41$21,052
Nov 202506,83158.593.93$26,822
Oct 202505,00459.383.30$16,537
Sep 202506,39662.743.08$19,680
Aug 202508,34163.933.01$25,146
Jul 202507,91466.743.32$26,236
Jun 202508,09366.483.13$25,321
May 202508,73860.553.23$28,244
Apr 202507,30262.363.54$25,872
Mar 202508,56567.704.27$36,558
Feb 202506,94470.884.34$30,143
Jan 202501,54574.324.28$6,611
Dec 2024079868.993.12$2,491
Nov 202401,89169.052.20$4,157
Oct 202403,89071.372.28$8,875
Sep 202401,55469.612.36$3,674
Aug 202402775.632.06$56
Jul 202407679.932.15$163
Jun 202407478.082.63$195
May 202401178.812.20$24
Apr 20240084.451.66$0
Mar 202404,23580.301.55$6,544
Feb 202407,69476.091.78$13,723
Jan 202407,75873.023.30$25,583
Dec 202307,75271.262.61$20,238
Nov 202307,91277.892.81$22,213
Oct 202308,95385.443.09$27,640
Sep 202308,02589.042.74$21,949
Aug 202307,49180.522.67$20,023
Jul 202308,35374.852.64$22,067
Jun 202308,78668.962.26$19,843
May 202309,15770.622.23$20,396
Apr 202309,57978.122.24$21,436
Mar 2023010,62672.852.39$25,430
Feb 202307,88175.112.47$19,432
Jan 2023011,78176.533.39$39,911
Dec 202208,30976.415.73$47,603
Nov 202209,69485.005.65$54,734
Oct 202206,63987.185.86$38,930
Sep 2022077884.888.16$6,351
Aug 2022080494.529.13$7,338
Jul 202201,466101.587.54$11,057
Jun 202203,937115.097.98$31,406
May 202206,032109.378.43$50,868
Apr 202206,655104.226.84$45,504
Mar 202206,660108.885.08$33,809
Feb 202204,59991.054.86$22,346
Jan 202204,17081.844.54$18,922
Dec 202106,48571.323.90$25,286
Nov 202105,41677.435.24$28,363
Oct 202107,62479.795.71$43,563
Sep 202103,87269.865.35$20,719
Aug 202106,58466.024.22$27,788
Jul 202106,27370.783.98$24,980
Jun 202105,43469.493.38$18,370
May 202105,39763.483.02$16,286
Apr 202107,25960.362.76$20,023
Mar 202105,37361.302.72$14,598
Feb 202105,92657.805.55$32,877
Jan 2021010,69050.412.81$30,042
Dec 202008,37544.642.68$22,407
Nov 202009,57838.772.71$25,924
Oct 202007,95636.972.48$19,718
Sep 2020010,97637.091.99$21,854
Aug 202007,61739.982.39$18,167
Jul 2020011,76738.371.83$21,476
Jun 202009,99934.901.69$16,901
May 2020011,33816.921.81$20,576
Apr 2020011,16214.751.80$20,140
Mar 2020011,70230.341.86$21,722
Feb 202008,53449.881.98$16,903
Jan 202009,19157.252.09$19,253
Dec 201909,69059.012.30$22,329
Nov 201909,13455.302.75$25,125
Oct 201906,61253.472.42$15,991
Sep 201908,80955.052.66$23,408
Aug 2019012,32653.112.30$28,404
Jul 2019010,63256.272.46$26,155
Jun 201905,65952.782.49$14,098
May 201909,24258.482.74$25,326
Apr 201909,54362.632.75$26,250
Mar 2019010,33156.803.06$31,635
Feb 201907,12550.852.79$19,895
Jan 201909,94046.033.23$32,088
Dec 201809,55646.594.19$39,996
Nov 201806,05352.934.24$25,648
Oct 2018011,88961.443.40$40,400
Sep 2018012,51059.543.11$38,881
Aug 2018013,56459.403.07$41,595
Jul 2018013,09865.142.93$38,402
Jun 2018012,42260.183.08$38,222
May 2018011,52265.382.90$33,423
Apr 2018011,43363.842.90$33,165
Mar 201808,53361.222.79$23,780
Feb 201808,66561.782.77$23,968
Jan 2018010,07162.874.01$40,378
Dec 2017011,69757.272.92$34,173
Nov 2017011,59555.423.12$36,157
Oct 2017012,08249.292.98$36,049
Sep 2017010,39847.523.09$32,102
Aug 2017010,76745.373.00$32,348
Jul 2017011,83643.873.09$36,541
Jun 2017010,18642.493.09$31,447
May 2017010,18645.373.26$33,241
Apr 201709,40247.933.21$30,195
Mar 2017010,07046.772.98$30,046
Feb 201708,66550.452.95$25,584
Jan 201708,68449.413.42$29,689
Dec 201604,14848.763.72$15,442
Nov 2016011,16942.492.64$29,535
Oct 2016012,18946.193.09$37,667
Sep 2016010,72141.553.10$33,242
Aug 2016013,14241.442.92$38,432
Jul 2016014,15041.622.92$41,379
Jun 2016014,12045.352.69$37,924
May 2016015,15142.521.99$30,166
Apr 201609,37536.561.99$18,666
Mar 2016011,03133.011.79$19,790
Feb 2016010,23726.472.06$21,125
Jan 201602,52427.352.36$5,968
Dec 201502,23132.362.00$4,465
Nov 201503,76438.792.17$8,158
Oct 2015012043.552.43$291
Sep 20150042.992.76$0
Aug 201501,66240.162.87$4,774
Jul 201504,96348.152.95$14,616
Jun 201501,11456.152.88$3,212
May 201507,76255.212.96$22,940
Apr 201501,59649.822.71$4,320
Mar 201505,39942.892.93$15,845
Feb 201508,48344.662.98$25,247
Jan 2015012,42543.433.10$38,525
Dec 2014013,08954.693.59$47,007
Nov 2014012,91070.464.25$54,891
Oct 2014016,47378.303.90$64,261
Sep 2014016,99386.164.05$68,744
Aug 2014018,08089.394.04$72,955
Jul 2014015,92196.564.18$66,543
Jun 2014014,58798.164.74$69,097
May 2014012,70594.734.73$60,051
Apr 201402,87895.944.81$13,841
Mar 2014016,38595.895.06$82,856
Feb 2014012,96497.406.19$80,273
Jan 2014017,87490.404.86$86,881
Dec 2013018,49491.824.35$80,532
Nov 2013016,30188.853.74$60,938
Oct 2013016,14997.423.78$61,033
Sep 2013012,930104.113.72$48,070
Aug 2013617,203104.253.52$31,733
Jul 2013011,642102.523.72$43,282
Jun 2013017,30694.403.93$68,072
May 2013018,09494.834.15$75,073
Apr 20136118,56793.964.28$85,246
Mar 2013015,16893.623.91$59,350
Feb 20136016,44591.233.42$61,714
Jan 2013020,90791.603.42$71,500
Dec 2012022,05186.773.42$75,418
Nov 201208,49086.953.62$30,776
Oct 2012012,31189.383.40$41,853
Sep 2012023,52994.672.92$68,667
Aug 2012023,55592.662.91$68,502
Jul 2012020,01185.133.02$60,449
Jun 2012027,78879.822.52$69,999
May 2012016,77191.612.49$41,732
Apr 20120979101.652.00$1,955
Mar 201202105.052.22$4
Feb 2012014,715101.102.57$37,821
Jan 2012026,95298.092.73$73,689
Dec 2011023,87696.873.24$77,352
Nov 2011023,13395.723.31$76,600
Oct 2011030,78484.983.65$112,317
Sep 2011031,18683.623.99$124,301
Aug 2011037,75583.404.15$156,658
Jul 2011037,18594.144.52$167,974
Jun 2011040,02592.904.64$185,711
May 2011051,34498.134.40$226,161
Apr 2011013,278105.964.33$57,537
Mar 20110096.364.06$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
Condensate             0 bbl  × $106.41 =         $0
Gas                4,004 Mcf  × $  3.05 =    $12,196

────────────────────────────────────────────────────
Month total                                  $12,196

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/261431 is the state's own key, not one this site invented.