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 263106District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.6 M
Sep 2011 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
177
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
CondensateDisposition3 bbl$164
GasProduction2,032,324 Mcf$6,572,449
Total$6,572,613

Every month this lease reported (177)

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

177 months

May 20260180106.413.05$548
Apr 202603,36498.932.87$9,654
Mar 202604,14789.753.15$13,061
Feb 202602,89463.503.75$10,853
Jan 202601,64459.138.00$13,149
Dec 202502,57556.664.41$11,364
Nov 202503,07858.593.93$12,086
Oct 202502,02959.383.30$6,706
Sep 202501,87762.743.08$5,775
Aug 202502,59063.933.01$7,808
Jul 202501,69266.743.32$5,609
Jun 202503,43566.483.13$10,747
May 202503,51860.553.23$11,371
Apr 202502,50062.363.54$8,858
Mar 202502,90567.704.27$12,399
Feb 202502,61270.884.34$11,338
Jan 202502,58474.324.28$11,056
Dec 202402,46568.993.12$7,694
Nov 202401,48769.052.20$3,269
Oct 202403,19971.372.28$7,298
Sep 202402,72769.612.36$6,448
Aug 202404,82775.632.06$9,961
Jul 202404,75679.932.15$10,209
Jun 202404,09278.082.63$10,778
May 202403,66378.812.20$8,053
Apr 202402,71884.451.66$4,510
Mar 202403,42880.301.55$5,297
Feb 202402,70876.091.78$4,830
Jan 202402,19473.023.30$7,235
Dec 202305,51771.262.61$14,403
Nov 202303,93977.892.81$11,059
Oct 202304,91185.443.09$15,162
Sep 202304,14889.042.74$11,345
Aug 202305,07480.522.67$13,562
Jul 202304,60874.852.64$12,173
Jun 202304,44568.962.26$10,039
May 202304,54070.622.23$10,112
Apr 202305,39078.122.24$12,062
Mar 202305,17972.852.39$12,394
Feb 202304,00175.112.47$9,865
Jan 202305,87976.533.39$19,916
Dec 202205,43876.415.73$31,155
Nov 202203,57385.005.65$20,174
Oct 202204,59287.185.86$26,926
Sep 202204,29784.888.16$35,079
Aug 202203,31394.529.13$30,238
Jul 202204,877101.587.54$36,783
Jun 202205,050115.097.98$40,285
May 202205,917109.378.43$49,898
Apr 202205,852104.226.84$40,014
Mar 202207,228108.885.08$36,692
Feb 202206,11991.054.86$29,731
Jan 202206,64881.844.54$30,167
Dec 202107,78471.323.90$30,351
Nov 202106,70677.435.24$35,118
Oct 202107,47479.795.71$42,705
Sep 202107,21369.865.35$38,596
Aug 202107,76066.024.22$32,752
Jul 202107,19570.783.98$28,651
Jun 202108,36169.493.38$28,265
May 202107,67463.483.02$23,158
Apr 202108,75360.362.76$24,144
Mar 202106,39261.302.72$17,367
Feb 202114,67857.805.55$26,011
Jan 202108,15450.412.81$22,915
Dec 202008,49544.642.68$22,728
Nov 202008,45238.772.71$22,876
Oct 202008,04136.972.48$19,929
Sep 202006,72237.091.99$13,384
Aug 202008,43239.982.39$20,111
Jul 202007,47338.371.83$13,639
Jun 202009,05034.901.69$15,297
May 202009,33316.921.81$16,937
Apr 202008,81614.751.80$15,907
Mar 202009,10230.341.86$16,895
Feb 202006,93649.881.98$13,738
Jan 202008,62157.252.09$18,059
Dec 201908,61859.012.30$19,859
Nov 201908,48755.302.75$23,345
Oct 201908,04553.472.42$19,457
Sep 201908,46355.052.66$22,489
Aug 201918,14053.112.30$18,811
Jul 201909,04856.272.46$22,259
Jun 201917,91952.782.49$19,781
May 201905,67458.482.74$15,549
Apr 201904,78262.632.75$13,154
Mar 201906,16356.803.06$18,872
Feb 201906,69050.852.79$18,680
Jan 201905,49946.033.23$17,752
Dec 201805,91346.594.19$24,749
Nov 201804,08452.934.24$17,305
Oct 201804,88061.443.40$16,583
Sep 201806,90359.543.11$21,455
Aug 201809,35259.403.07$28,678
Jul 201809,36265.142.93$27,448
Jun 201809,11160.183.08$28,034
May 201808,54165.382.90$24,776
Apr 201808,09763.842.90$23,488
Mar 201807,48761.222.79$20,865
Feb 201807,67661.782.77$21,233
Jan 201807,26062.874.01$29,108
Dec 201708,64257.272.92$25,248
Nov 201708,82255.423.12$27,510
Oct 201708,97849.292.98$26,787
Sep 201708,11147.523.09$25,041
Aug 201708,95445.373.00$26,901
Jul 201709,34943.873.09$28,863
Jun 201709,59442.493.09$29,619
May 201708,77845.373.26$28,646
Apr 201709,51347.933.21$30,552
Mar 201709,79646.772.98$29,228
Feb 201708,40250.452.95$24,808
Jan 201709,70849.413.42$33,190
Dec 201608,20148.763.72$30,531
Nov 2016013,58342.492.64$35,918
Oct 2016014,26746.193.09$44,089
Sep 2016015,27841.553.10$47,371
Aug 2016016,96441.442.92$49,609
Jul 2016015,91441.622.92$46,538
Jun 2016016,57645.352.69$44,520
May 2016012,87442.521.99$25,633
Apr 201608,60536.561.99$17,133
Mar 201609,13133.011.79$16,381
Feb 201608,89626.472.06$18,358
Jan 2016010,87827.352.36$25,720
Dec 201509,26532.362.00$18,543
Nov 201508,78638.792.17$19,042
Oct 201506,30743.552.43$15,304
Sep 201507,77842.992.76$21,455
Aug 201508,68740.162.87$24,953
Jul 201508,30048.152.95$24,444
Jun 201501,46356.152.88$4,218
May 2015029155.212.96$860
Apr 2015011,45349.822.71$30,998
Mar 2015012,41742.892.93$36,440
Feb 201508,14344.662.98$24,235
Jan 2015012,00443.433.10$37,220
Dec 2014012,24054.693.59$43,958
Nov 2014014,84370.464.25$63,110
Oct 2014019,30478.303.90$75,304
Sep 2014017,07786.164.05$69,084
Aug 2014016,87089.394.04$68,072
Jul 2014017,45196.564.18$72,938
Jun 2014017,24798.164.74$81,697
May 2014019,28994.734.73$91,171
Apr 2014019,23495.944.81$92,499
Mar 2014020,83395.895.06$105,348
Feb 201401,48497.406.19$9,189
Jan 201401,08490.404.86$5,269
Dec 2013014,30291.824.35$62,278
Nov 2013023,00788.853.74$86,007
Oct 2013025,44697.423.78$96,170
Sep 2013025,833104.113.72$96,040
Aug 2013026,810104.253.52$94,441
Jul 2013029,369102.523.72$109,186
Jun 2013029,79094.403.93$117,176
May 2013032,02194.834.15$132,858
Apr 2013029,66993.964.28$127,060
Mar 2013034,39693.623.91$134,587
Feb 2013032,84391.233.42$112,320
Jan 2013038,20491.603.42$130,654
Dec 2012040,60386.773.42$138,869
Nov 2012041,64686.953.62$150,965
Oct 2012045,27089.383.40$153,904
Sep 2012046,82594.672.92$136,654
Aug 2012051,88592.662.91$150,890
Jul 2012056,17185.133.02$169,681
Jun 2012060,02179.822.52$151,195
May 2012069,50091.612.49$172,938
Apr 2012068,988101.652.00$137,755
Mar 2012087,449105.052.22$194,319
Feb 2012024,378101.102.57$62,657
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

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                  180 Mcf  × $  3.05 =       $548

────────────────────────────────────────────────────
Month total                                     $548

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/263106 is the state's own key, not one this site invented.