MCGUFFIN 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 261493District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Jun 2011 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
180
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
CondensateDisposition2,002 bbl$147,200
GasProduction1,219,282 Mcf$3,995,355
Total$4,142,555

Every month this lease reported (180)

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

180 months

May 202603,693106.413.05$11,248
Apr 202603,51498.932.87$10,084
Mar 202603,72589.753.15$11,732
Feb 202603,37063.503.75$12,639
Jan 202603,80959.138.00$30,464
Dec 202503,75156.664.41$16,555
Nov 202503,74058.593.93$14,685
Oct 202503,94459.383.30$13,034
Sep 202503,69362.743.08$11,363
Aug 202503,92463.933.01$11,830
Jul 202503,87566.743.32$12,846
Jun 202503,91166.483.13$12,236
May 202504,12760.553.23$13,340
Apr 202503,96162.363.54$14,034
Mar 202504,12567.704.27$17,607
Feb 202503,67370.884.34$15,944
Jan 202504,09874.324.28$17,534
Dec 202404,09568.993.12$12,782
Nov 202404,06269.052.20$8,930
Oct 202404,15771.372.28$9,484
Sep 202403,90269.612.36$9,226
Aug 202404,13875.632.06$8,539
Jul 202404,09879.932.15$8,797
Jun 202404,00578.082.63$10,549
May 202404,17978.812.20$9,187
Apr 202404,06484.451.66$6,743
Mar 202404,16080.301.55$6,428
Feb 202403,96676.091.78$7,074
Jan 20241664,36473.023.30$26,512
Dec 202304,17271.262.61$10,892
Nov 202303,96077.892.81$11,118
Oct 202303,68885.443.09$11,386
Sep 202303,94089.042.74$10,776
Aug 202304,18880.522.67$11,194
Jul 202304,22174.852.64$11,151
Jun 202304,11068.962.26$9,282
May 202304,20670.622.23$9,368
Apr 202303,91878.122.24$8,768
Mar 202303,87872.852.39$9,281
Feb 202304,13075.112.47$10,183
Jan 202303,58576.533.39$12,145
Dec 202203,25776.415.73$18,660
Nov 202201,79385.005.65$10,124
Oct 202202,24487.185.86$13,158
Sep 202201,10584.888.16$9,021
Aug 202202,05794.529.13$18,775
Jul 202203,931101.587.54$29,648
Jun 202204,149115.097.98$33,097
May 202203,711109.378.43$31,295
Apr 202203,452104.226.84$23,603
Mar 202204,232108.885.08$21,483
Feb 202204,20291.054.86$20,417
Jan 202204,61581.844.54$20,941
Dec 202104,66371.323.90$18,182
Nov 202104,48377.435.24$23,477
Oct 202104,72479.795.71$26,992
Sep 202104,33669.865.35$23,202
Aug 202104,76366.024.22$20,103
Jul 202104,26570.783.98$16,984
Jun 202104,34969.493.38$14,702
May 202104,90163.483.02$14,790
Apr 202115,10360.362.76$14,137
Mar 20211845,46561.302.72$26,127
Feb 202103,92057.805.55$21,748
Jan 202104,64350.412.81$13,048
Dec 202004,71044.642.68$12,601
Nov 202004,74838.772.71$12,851
Oct 202005,09736.972.48$12,633
Sep 202004,92937.091.99$9,814
Aug 202004,82239.982.39$11,501
Jul 202004,97038.371.83$9,071
Jun 202004,98934.901.69$8,433
May 202004,80316.921.81$8,716
Apr 202004,56414.751.80$8,235
Mar 202004,84030.341.86$8,984
Feb 202004,79149.881.98$9,489
Jan 202004,91957.252.09$10,304
Dec 201904,73359.012.30$10,907
Nov 201905,12055.302.75$14,084
Oct 201905,61853.472.42$13,587
Sep 201915,25355.052.66$14,014
Aug 201905,42053.112.30$12,490
Jul 201904,76256.272.46$11,715
Jun 201905,33652.782.49$13,293
May 201905,17858.482.74$14,189
Apr 20191894,96162.632.75$25,483
Mar 201905,24756.803.06$16,067
Feb 201904,90850.852.79$13,704
Jan 201905,26046.033.23$16,980
Dec 2018135,57846.594.19$23,952
Nov 201804,67452.934.24$19,805
Oct 201805,69961.443.40$19,366
Sep 201805,61559.543.11$17,451
Aug 201806,04959.403.07$18,550
Jul 201807,22865.142.93$21,192
Jun 201806,63560.183.08$20,415
May 201806,57165.382.90$19,061
Apr 201806,98063.842.90$20,248
Mar 2018146,74261.222.79$19,646
Feb 201807,88761.782.77$21,816
Jan 2018128,14262.874.01$33,398
Dec 201707,96557.272.92$23,270
Nov 201707,83555.423.12$24,432
Oct 2017010,19549.292.98$30,419
Sep 2017115,95347.523.09$18,901
Aug 201707,17745.373.00$21,563
Jul 201705,73743.873.09$17,712
Jun 201705,82842.493.09$17,993
May 2017126,31145.373.26$21,140
Apr 201706,26647.933.21$20,124
Mar 2017897,15746.772.98$25,517
Feb 201706,28850.452.95$18,566
Jan 201776,88549.413.42$23,884
Dec 201606,41848.763.72$23,893
Nov 201616,62842.492.64$17,569
Oct 201686,55046.193.09$20,611
Sep 201606,60441.553.10$20,477
Aug 201606,78641.442.92$19,845
Jul 201656,82941.622.92$20,178
Jun 201606,67445.352.69$17,925
May 2016916,98742.521.99$17,781
Apr 201657,03936.561.99$14,198
Mar 201607,45733.011.79$13,378
Feb 2016106,92126.472.06$14,547
Jan 201607,57227.352.36$17,903
Dec 2015107,69732.362.00$15,728
Nov 201507,29838.792.17$15,817
Oct 201507,71943.552.43$18,731
Sep 201507,74942.992.76$21,375
Aug 201508,01440.162.87$23,020
Jul 201507,98848.152.95$23,525
Jun 20151047,76056.152.88$28,211
May 201507,83655.212.96$23,159
Apr 201517,93449.822.71$21,524
Mar 201518,32542.892.93$24,474
Feb 201507,61344.662.98$22,658
Jan 201519610,02643.433.10$39,599
Dec 201409,08854.693.59$32,638
Nov 201408,68270.464.25$36,914
Oct 201409,14278.303.90$35,663
Sep 201409,47486.164.05$38,327
Aug 201409,22489.394.04$37,220
Jul 20141919,63396.564.18$58,705
Jun 201409,56398.164.74$45,299
May 201409,14294.734.73$43,210
Apr 201408,53495.944.81$41,041
Mar 201408,86495.895.06$44,823
Feb 201409,68997.406.19$59,994
Jan 2014010,31690.404.86$50,143
Dec 2013010,89591.824.35$47,442
Nov 201309,68588.853.74$36,205
Oct 201309,13597.423.78$34,524
Sep 201308,079104.113.72$30,036
Aug 201308,044104.253.52$28,336
Jul 201307,705102.523.72$28,645
Jun 201306,59494.403.93$25,937
May 201303,62094.834.15$15,020
Apr 201319411,32593.964.28$66,729
Mar 2013013,00193.623.91$50,871
Feb 2013011,27291.233.42$38,549
Jan 2013014,32491.603.42$48,987
Dec 201208,60886.773.42$29,441
Nov 2012013,38486.953.62$48,516
Oct 2012014,18189.383.40$48,211
Sep 201219514,35894.672.92$60,363
Aug 2012015,49692.662.91$45,065
Jul 2012016,31885.133.02$49,293
Jun 2012016,03279.822.52$40,385
May 2012017,77391.612.49$44,225
Apr 201218918,146101.652.00$55,446
Mar 2012020,039105.052.22$44,528
Feb 2012020,534101.102.57$52,777
Jan 201210224,12398.092.73$75,959
Dec 2011027,05796.873.24$87,658
Nov 201105795.723.31$189
Oct 2011047,01884.983.65$171,547
Sep 201104,84783.623.99$19,319
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$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                3,693 Mcf  × $  3.05 =    $11,248

────────────────────────────────────────────────────
Month total                                  $11,248

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/261493 is the state's own key, not one this site invented.