BIGGS

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 261653District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.7 M
Apr 2011 – May 2026
Value, last 12 filed months
$250 k
at the published price for each month
Months reported
182
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
CondensateDisposition14 bbl$1,471
GasProduction1,987,290 Mcf$6,729,144
Total$6,730,615

Every month this lease reported (182)

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

182 months

May 202605,505106.413.05$16,767
Apr 202605,31298.932.87$15,244
Mar 202605,47989.753.15$17,256
Feb 202604,82663.503.75$18,099
Jan 202605,50059.138.00$43,989
Dec 202505,92556.664.41$26,149
Nov 202505,90558.593.93$23,186
Oct 202505,96359.383.30$19,707
Sep 202505,55762.743.08$17,098
Aug 202505,55263.933.01$16,738
Jul 202505,62266.743.32$18,638
Jun 202505,50066.483.13$17,208
May 202505,47260.553.23$17,687
Apr 202505,24662.363.54$18,587
Mar 202505,89267.704.27$25,149
Feb 202505,42670.884.34$23,553
Jan 202505,98174.324.28$25,591
Dec 202405,94268.993.12$18,547
Nov 202405,87469.052.20$12,914
Oct 202405,97671.372.28$13,634
Sep 202405,65069.612.36$13,359
Aug 202405,54675.632.06$11,445
Jul 202406,08379.932.15$13,058
Jun 202405,86578.082.63$15,448
May 202405,98278.812.20$13,151
Apr 202406,05184.451.66$10,040
Mar 202406,39280.301.55$9,876
Feb 202406,14176.091.78$10,953
Jan 202406,68873.023.30$22,055
Dec 202306,64471.262.61$17,346
Nov 202306,45577.892.81$18,123
Oct 202306,49885.443.09$20,061
Sep 202306,33089.042.74$17,313
Aug 202306,49780.522.67$17,366
Jul 202306,43074.852.64$16,987
Jun 202306,36668.962.26$14,377
May 202306,68470.622.23$14,888
Apr 202306,63878.122.24$14,854
Mar 202306,78772.852.39$16,242
Feb 202306,29575.112.47$15,521
Jan 202306,53676.533.39$22,142
Dec 202206,87076.415.73$39,359
Nov 202206,70785.005.65$37,869
Oct 202207,03887.185.86$41,269
Sep 202206,73584.888.16$54,982
Aug 202207,02494.529.13$64,109
Jul 202207,016101.587.54$52,915
Jun 202206,868115.097.98$54,787
May 202207,157109.378.43$60,355
Apr 202207,032104.226.84$48,082
Mar 202207,403108.885.08$37,581
Feb 202206,28491.054.86$30,533
Jan 202206,80081.844.54$30,856
Dec 202107,01771.323.90$27,360
Nov 202106,83577.435.24$35,794
Oct 202106,93979.795.71$39,649
Sep 202106,78669.865.35$36,311
Aug 202107,21566.024.22$30,452
Jul 202104,51470.783.98$17,975
Jun 202107,23569.493.38$24,459
May 202107,18163.483.02$21,670
Apr 202107,06960.362.76$19,499
Mar 202107,61961.302.72$20,700
Feb 202106,58657.805.55$36,539
Jan 202107,53750.412.81$21,181
Dec 202007,64344.642.68$20,449
Nov 202007,46138.772.71$20,194
Oct 202007,58136.972.48$18,789
Sep 202007,09637.091.99$14,128
Aug 202007,31339.982.39$17,442
Jul 202007,50538.371.83$13,698
Jun 202007,63134.901.69$12,899
May 202007,98316.921.81$14,487
Apr 202007,71014.751.80$13,912
Mar 202008,02830.341.86$14,902
Feb 202007,60649.881.98$15,065
Jan 202008,17757.252.09$17,129
Dec 201908,41759.012.30$19,396
Nov 201908,13455.302.75$22,374
Oct 201908,37753.472.42$20,260
Sep 201908,43655.052.66$22,417
Aug 201908,41753.112.30$19,396
Jul 201907,81056.272.46$19,213
Jun 201908,36452.782.49$20,836
May 201908,76458.482.74$24,016
Apr 201908,60562.632.75$23,670
Mar 201908,91356.803.06$27,293
Feb 201908,04350.852.79$22,458
Jan 201909,02146.033.23$29,121
Dec 201807,75546.594.19$32,458
Nov 201806,78652.934.24$28,754
Oct 201806,61961.443.40$22,492
Sep 201805,90759.543.11$18,359
Aug 201806,57859.403.07$20,172
Jul 201806,89065.142.93$20,201
Jun 201806,58160.183.08$20,249
May 201806,79465.382.90$19,708
Apr 201806,14163.842.90$17,814
Mar 201808,70261.222.79$24,251
Feb 2018010,34161.782.77$28,604
Jan 2018011,75162.874.01$47,114
Dec 2017011,49857.272.92$33,592
Nov 2017011,91055.423.12$37,140
Oct 2017011,88749.292.98$35,467
Sep 2017011,06647.523.09$34,164
Aug 2017011,75745.373.00$35,323
Jul 2017011,56543.873.09$35,704
Jun 2017011,53442.493.09$35,609
May 2017012,16845.373.26$39,709
Apr 2017011,87647.933.21$38,141
Mar 2017012,26246.772.98$36,586
Feb 2017011,34850.452.95$33,506
Jan 2017012,38549.413.42$42,342
Dec 2016013,81248.763.72$51,420
Nov 2016014,16342.492.64$37,452
Oct 2016012,69746.193.09$39,237
Sep 2016014,05541.553.10$43,579
Aug 2016014,84441.442.92$43,409
Jul 2016014,53441.622.92$42,502
Jun 2016014,95545.352.69$40,167
May 2016014,04742.521.99$27,968
Apr 2016012,33236.561.99$24,554
Mar 2016014,22333.011.79$25,516
Feb 2016013,76026.472.06$28,396
Jan 2016012,24227.352.36$28,945
Dec 2015013,74432.362.00$27,507
Nov 2015013,96938.792.17$30,275
Oct 2015015,02943.552.43$36,469
Sep 2015016,14242.992.76$44,526
Aug 2015016,43740.162.87$47,215
Jul 2015015,87248.152.95$46,744
Jun 2015015,24956.152.88$43,961
May 2015014,37155.212.96$42,473
Apr 2015012,78649.822.71$34,606
Mar 2015015,04242.892.93$44,144
Feb 2015013,46044.662.98$40,060
Jan 2015014,76643.433.10$45,784
Dec 2014013,49554.693.59$48,465
Nov 2014015,20170.464.25$64,632
Oct 2014015,80778.303.90$61,662
Sep 2014015,17286.164.05$61,377
Aug 2014014,22489.394.04$57,396
Jul 2014012,89396.564.18$53,888
Jun 2014011,96398.164.74$56,667
May 2014015,40694.734.73$72,817
Apr 2014015,19895.944.81$73,089
Mar 2014016,61895.895.06$84,034
Feb 2014013,21697.406.19$81,833
Jan 2014015,31490.404.86$74,437
Dec 2013016,76691.824.35$73,007
Nov 2013013,80788.853.74$51,614
Oct 2013016,00697.423.78$60,492
Sep 2013016,300104.113.72$60,599
Aug 2013017,664104.253.52$62,223
Jul 2013017,558102.523.72$65,276
Jun 2013018,67994.403.93$73,472
May 2013018,38394.834.15$76,273
Apr 201303,33893.964.28$14,295
Mar 2013017,08193.623.91$66,836
Feb 2013017,84391.233.42$61,021
Jan 2013020,31191.603.42$69,462
Dec 2012020,97486.773.42$71,734
Nov 2012020,40686.953.62$73,971
Oct 2012022,24089.383.40$75,609
Sep 2012021,40494.672.92$62,465
Aug 2012022,65292.662.91$65,876
Jul 2012022,41985.133.02$67,723
Jun 2012019,96979.822.52$50,303
May 2012020,53791.612.49$51,103
Apr 2012029,536101.652.00$58,977
Mar 20121416,608105.052.22$38,375
Feb 2012022,729101.102.57$58,419
Jan 2012024,91698.092.73$68,122
Dec 2011010,21696.873.24$33,097
Nov 2011012,92095.723.31$42,782
Oct 2011020,09784.983.65$73,325
Sep 2011025,87083.623.99$103,113
Aug 2011030,58383.404.15$126,899
Jul 2011041,83194.144.52$188,961
Jun 2011034,93492.904.64$162,090
May 201105998.134.40$260
Apr 201100105.964.33$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                5,505 Mcf  × $  3.05 =    $16,767

────────────────────────────────────────────────────
Month total                                  $16,767

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/261653 is the state's own key, not one this site invented.