SHIPMAN 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 262948District 09Field 65280200GasSaveExport
Value, all time
$5.7 M
Jul 2011 – May 2026
Value, last 12 filed months
$163 k
at the published price for each month
Months reported
179
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
GasProduction1,757,214 Mcf$5,661,574
Total$5,661,574

Every month this lease reported (179)

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

179 months

May 20264,222106.413.05$12,860
Apr 20262,64498.932.87$7,588
Mar 20263,73289.753.15$11,754
Feb 20262,67463.503.75$10,028
Jan 20263,34359.138.00$26,737
Dec 20254,18656.664.41$18,474
Nov 20254,47458.593.93$17,567
Oct 20254,56159.383.30$15,073
Sep 20254,22662.743.08$13,003
Aug 20254,32863.933.01$13,048
Jul 20255,09766.743.32$16,898
Jun 2025066.483.13$0
May 20255560.553.23$178
Apr 20252,25162.363.54$7,976
Mar 20252,86667.704.27$12,233
Feb 20252,98670.884.34$12,962
Jan 20253,49574.324.28$14,954
Dec 20245,70168.993.12$17,795
Nov 20246,09369.052.20$13,395
Oct 20246,39471.372.28$14,587
Sep 20245,91369.612.36$13,980
Aug 20245,61275.632.06$11,581
Jul 20245,34679.932.15$11,476
Jun 20245,16278.082.63$13,597
May 20245,67678.812.20$12,478
Apr 20244,09584.451.66$6,794
Mar 20244,28280.301.55$6,616
Feb 20243,80876.091.78$6,792
Jan 20244,29373.023.30$14,157
Dec 20234,66171.262.61$12,169
Nov 20234,56177.892.81$12,805
Oct 20235,29985.443.09$16,360
Sep 20235,72889.042.74$15,666
Aug 20235,54980.522.67$14,832
Jul 20234,58574.852.64$12,113
Jun 20234,78568.962.26$10,807
May 20234,68470.622.23$10,433
Apr 20234,49178.122.24$10,050
Mar 20234,75872.852.39$11,387
Feb 20234,15675.112.47$10,247
Jan 20234,85476.533.39$16,444
Dec 20224,68976.415.73$26,864
Nov 20222,30885.005.65$13,031
Oct 20223,16887.185.86$18,576
Sep 20223,07984.888.16$25,136
Aug 20223,23994.529.13$29,563
Jul 20223,832101.587.54$28,901
Jun 20225,403115.097.98$43,101
May 20226,039109.378.43$50,927
Apr 20222,961104.226.84$20,246
Mar 20225,643108.885.08$28,646
Feb 20225,09591.054.86$24,756
Jan 20226,15181.844.54$27,911
Dec 20215,08171.323.90$19,811
Nov 20215,69777.435.24$29,834
Oct 20216,12479.795.71$34,992
Sep 20216,01069.865.35$32,159
Aug 20216,37966.024.22$26,923
Jul 20216,79270.783.98$27,046
Jun 20216,98469.493.38$23,610
May 20214,06363.483.02$12,261
Apr 20217,72360.362.76$21,303
Mar 20218,33861.302.72$22,654
Feb 20215,93457.805.55$32,922
Jan 20216,14350.412.81$17,263
Dec 20206,54944.642.68$17,522
Nov 20206,57338.772.71$17,790
Oct 20206,90436.972.48$17,111
Sep 20206,62737.091.99$13,195
Aug 20206,24639.982.39$14,897
Jul 20205,80238.371.83$10,589
Jun 20205,13034.901.69$8,671
May 20205,56316.921.81$10,095
Apr 20206,03914.751.80$10,897
Mar 20205,87230.341.86$10,900
Feb 20206,73949.881.98$13,348
Jan 20207,53257.252.09$15,778
Dec 20197,34359.012.30$16,921
Nov 20197,77555.302.75$21,387
Oct 20197,93153.472.42$19,181
Sep 20197,79355.052.66$20,708
Aug 20198,02553.112.30$18,492
Jul 20198,09856.272.46$19,922
Jun 20197,47452.782.49$18,619
May 20197,75158.482.74$21,240
Apr 20197,84762.632.75$21,585
Mar 20197,96556.803.06$24,390
Feb 20197,64750.852.79$21,352
Jan 20198,69346.033.23$28,063
Dec 20188,51046.594.19$35,618
Nov 20188,09552.934.24$34,300
Oct 20188,61461.443.40$29,271
Sep 20187,61759.543.11$23,674
Aug 20188,86859.403.07$27,194
Jul 20189,26565.142.93$27,164
Jun 20188,76560.183.08$26,969
May 20189,34965.382.90$27,120
Apr 20187,09063.842.90$20,567
Mar 20187,98861.222.79$22,261
Feb 20188,11861.782.77$22,455
Jan 20189,11462.874.01$36,541
Dec 20179,25257.272.92$27,030
Nov 20179,01655.423.12$28,115
Oct 20178,79749.292.98$26,247
Sep 20178,70247.523.09$26,866
Aug 20179,70745.373.00$29,164
Jul 201710,28643.873.09$31,756
Jun 201710,23542.493.09$31,598
May 201710,75745.373.26$35,104
Apr 20178,49547.933.21$27,283
Mar 20179,79546.772.98$29,225
Feb 20179,75250.452.95$28,794
Jan 201710,80449.413.42$36,937
Dec 201611,07048.763.72$41,212
Nov 20169,63142.492.64$25,468
Oct 20168,78346.193.09$27,142
Sep 201610,78241.553.10$33,431
Aug 201611,30141.442.92$33,048
Jul 201612,87241.622.92$37,642
Jun 201610,17945.352.69$27,339
May 201612,22142.521.99$24,333
Apr 201612,09236.561.99$24,076
Mar 201612,80033.011.79$22,963
Feb 201611,60926.472.06$23,957
Jan 201612,24127.352.36$28,942
Dec 201512,42532.362.00$24,868
Nov 201511,92138.792.17$25,837
Oct 201512,08743.552.43$29,330
Sep 201511,82242.992.76$32,610
Aug 201512,11740.162.87$34,806
Jul 201512,75748.152.95$37,570
Jun 201512,89356.152.88$37,169
May 201513,36255.212.96$39,491
Apr 201513,48049.822.71$36,485
Mar 201514,20242.892.93$41,679
Feb 201512,89144.662.98$38,366
Jan 201515,09443.433.10$46,801
Dec 201415,49154.693.59$55,634
Nov 201415,00570.464.25$63,799
Oct 201413,93478.303.90$54,356
Sep 20147,14986.164.05$28,921
Aug 20147489.394.04$299
Jul 201412,62596.564.18$52,767
Jun 201412,53898.164.74$59,391
May 201413,02794.734.73$61,573
Apr 201412,76795.944.81$61,398
Mar 201413,40695.895.06$67,791
Feb 201412,31697.406.19$76,261
Jan 201413,93090.404.86$67,710
Dec 201314,61291.824.35$63,628
Nov 201313,93088.853.74$52,074
Oct 201312,72097.423.78$48,073
Sep 201312,404104.113.72$46,115
Aug 201313,836104.253.52$48,739
Jul 201314,029102.523.72$52,156
Jun 201314,22394.403.93$55,945
May 201315,40894.834.15$63,929
Apr 201315,75393.964.28$67,464
Mar 201317,34993.623.91$67,884
Feb 201316,56291.233.42$56,641
Jan 201319,24791.603.42$65,823
Dec 201220,65086.773.42$70,626
Nov 201220,82386.953.62$75,483
Oct 201223,29289.383.40$79,185
Sep 201223,87694.672.92$69,680
Aug 201225,90692.662.91$75,339
Jul 201227,47285.133.02$82,987
Jun 201228,59379.822.52$72,027
May 201231,08191.612.49$77,339
Apr 201233,088101.652.00$66,070
Mar 201236,799105.052.22$81,770
Feb 201237,719101.102.57$96,947
Jan 201247,27898.092.73$129,262
Dec 201151,37996.873.24$166,455
Nov 201146,88195.723.31$155,236
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$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                4,222 Mcf  × $  3.05 =    $12,860

────────────────────────────────────────────────────
Month total                                  $12,860

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/262948 is the state's own key, not one this site invented.