RICE 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 263035District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Aug 2011 – May 2026
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
178
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
CondensateDisposition49 bbl$4,427
GasProduction2,816,481 Mcf$9,291,963
Total$9,296,391

Every month this lease reported (178)

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

178 months

May 202605,794106.413.05$17,648
Apr 202606,00498.932.87$17,230
Mar 202606,10589.753.15$19,227
Feb 202605,99963.503.75$22,498
Jan 202606,99859.138.00$55,969
Dec 202507,05756.664.41$31,145
Nov 202504,71158.593.93$18,497
Oct 202501,91859.383.30$6,339
Sep 202503,12962.743.08$9,628
Aug 202504,71863.933.01$14,224
Jul 202505,75266.743.32$19,069
Jun 202505,63466.483.13$17,627
May 202506,57860.553.23$21,262
Apr 202505,87462.363.54$20,812
Mar 202505,77767.704.27$24,658
Feb 202506,01970.884.34$26,128
Jan 202505,74874.324.28$24,594
Dec 202407,09568.993.12$22,146
Nov 202406,90969.052.20$15,189
Oct 202407,07371.372.28$16,136
Sep 202406,60769.612.36$15,621
Aug 202404,23675.632.06$8,742
Jul 202402,91579.932.15$6,257
Jun 202403,39678.082.63$8,945
May 202405,11378.812.20$11,241
Apr 202402,33384.451.66$3,871
Mar 202404,55680.301.55$7,040
Feb 202405,36676.091.78$9,571
Jan 202403,33573.023.30$10,998
Dec 202306,09871.262.61$15,920
Nov 202304,10277.892.81$11,517
Oct 202305,68385.443.09$17,545
Sep 202305,20489.042.74$14,233
Aug 202305,94780.522.67$15,896
Jul 202306,69574.852.64$17,687
Jun 202306,31268.962.26$14,256
May 202307,09670.622.23$15,806
Apr 202305,47878.122.24$12,258
Mar 202306,23572.852.39$14,921
Feb 202305,01275.112.47$12,358
Jan 202307,10276.533.39$24,060
Dec 202208,60276.415.73$49,282
Nov 202205,28985.005.65$29,863
Oct 202204,34287.185.86$25,460
Sep 202206,06684.888.16$49,521
Aug 202288,30894.529.13$76,585
Jul 202248,214101.587.54$62,357
Jun 202287,941115.097.98$64,268
May 202257,658109.378.43$65,127
Apr 202206,891104.226.84$47,118
Mar 202207,333108.885.08$37,225
Feb 202247,22791.054.86$35,479
Jan 202248,01381.844.54$36,688
Dec 202107,68571.323.90$29,965
Nov 202107,70777.435.24$40,360
Oct 202147,62679.795.71$43,893
Sep 202137,86569.865.35$42,295
Aug 202108,48866.024.22$35,824
Jul 202158,63070.783.98$34,719
Jun 202108,50869.493.38$28,762
May 202108,46863.483.02$25,554
Apr 202108,78760.362.76$24,238
Mar 202108,77061.302.72$23,828
Feb 202115,77757.805.55$32,108
Jan 202108,20150.412.81$23,047
Dec 202009,20444.642.68$24,625
Nov 202009,31538.772.71$25,212
Oct 202009,70036.972.48$24,041
Sep 202009,50837.091.99$18,931
Aug 202009,95339.982.39$23,739
Jul 2020010,01238.371.83$18,273
Jun 202009,09634.901.69$15,375
May 202009,88116.921.81$17,932
Apr 202009,80614.751.80$17,694
Mar 2020010,23830.341.86$19,004
Feb 202009,94149.881.98$19,690
Jan 2020010,02657.252.09$21,002
Dec 2019010,15259.012.30$23,394
Nov 2019010,63355.302.75$29,248
Oct 2019010,62553.472.42$25,697
Sep 201939,98255.052.66$26,690
Aug 2019010,77353.112.30$24,825
Jul 2019010,34556.272.46$25,449
Jun 2019010,38952.782.49$25,881
May 2019011,03358.482.74$30,234
Apr 2019011,10862.632.75$30,555
Mar 2019011,58556.803.06$35,474
Feb 2019010,84950.852.79$30,293
Jan 2019012,16646.033.23$39,274
Dec 2018012,43446.594.19$52,042
Nov 2018010,47952.934.24$44,402
Oct 2018011,66061.443.40$39,622
Sep 2018011,32659.543.11$35,201
Aug 2018012,12359.403.07$37,176
Jul 2018012,45565.142.93$36,517
Jun 2018012,19860.183.08$37,532
May 2018012,62665.382.90$36,626
Apr 2018012,10163.842.90$35,103
Mar 2018013,01961.222.79$36,282
Feb 2018012,45961.782.77$34,463
Jan 2018014,00662.874.01$56,155
Dec 2017014,16857.272.92$41,392
Nov 2017013,79755.423.12$43,024
Oct 2017014,14049.292.98$42,189
Sep 2017014,12647.523.09$43,611
Aug 2017015,19245.373.00$45,643
Jul 2017014,72143.873.09$45,448
Jun 2017015,12142.493.09$46,683
May 2017013,53845.373.26$44,180
Apr 2017015,30947.933.21$49,166
Mar 2017015,83146.772.98$47,235
Feb 2017015,14450.452.95$44,714
Jan 2017016,78549.413.42$57,385
Dec 2016017,00848.763.72$63,318
Nov 2016016,58342.492.64$43,851
Oct 2016016,75946.193.09$51,790
Sep 2016018,12041.553.10$56,183
Aug 2016018,68441.442.92$54,638
Jul 2016018,49141.622.92$54,074
Jun 2016017,22645.352.69$46,266
May 2016016,68242.521.99$33,215
Apr 2016011,99936.561.99$23,890
Mar 201608,91633.011.79$15,995
Feb 2016014,41126.472.06$29,739
Jan 2016016,24427.352.36$38,407
Dec 2015016,67132.362.00$33,366
Nov 2015015,87838.792.17$34,413
Oct 2015017,30443.552.43$41,990
Sep 2015017,01642.992.76$46,937
Aug 2015018,01040.162.87$51,734
Jul 2015017,20848.152.95$50,679
Jun 2015015,30756.152.88$44,128
May 2015013,70055.212.96$40,490
Apr 201507,67649.822.71$20,776
Mar 201505642.892.93$164
Feb 201503,84844.662.98$11,452
Jan 2015020,95043.433.10$64,958
Dec 2014022,53754.693.59$80,938
Nov 2014020,88970.464.25$88,817
Oct 2014021,03278.303.90$82,045
Sep 2014020,19586.164.05$81,698
Aug 2014019,71989.394.04$79,569
Jul 2014025,70096.564.18$107,416
Jun 2014027,28398.164.74$129,236
May 2014028,81794.734.73$136,205
Apr 2014027,12995.944.81$130,467
Mar 2014030,27595.895.06$153,095
Feb 2014014,60897.406.19$90,453
Jan 2014029,58090.404.86$143,780
Dec 2013028,77391.824.35$125,291
Nov 2013030,90288.853.74$115,520
Oct 2013032,85497.423.78$124,167
Sep 2013032,948104.113.72$122,492
Aug 2013035,149104.253.52$123,816
Jul 2013036,455102.523.72$135,530
Jun 2013036,87294.403.93$145,033
May 2013039,18294.834.15$162,569
Apr 2013039,84093.964.28$170,618
Mar 2013043,37193.623.91$169,705
Feb 2013041,03691.233.42$140,339
Jan 2013048,36791.603.42$165,411
Dec 2012051,52886.773.42$176,234
Nov 2012053,28086.953.62$193,138
Oct 2012058,97789.383.40$200,503
Sep 2012060,19494.672.92$175,670
Aug 2012067,09192.662.91$195,111
Jul 2012073,51485.133.02$222,071
Jun 2012080,64879.822.52$203,156
May 2012089,84491.612.49$223,561
Apr 2012083,523101.652.00$166,779
Mar 2012096,326105.052.22$214,044
Feb 2012036,109101.102.57$92,809
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$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                5,794 Mcf  × $  3.05 =    $17,648

────────────────────────────────────────────────────
Month total                                  $17,648

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/263035 is the state's own key, not one this site invented.