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 263469District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Sep 2011 – May 2026
Value, last 12 filed months
$176 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
CondensateDisposition2 bbl$116
GasProduction2,756,965 Mcf$8,939,024
Total$8,939,139

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260363.503.75$11
Jan 202602,33359.138.00$18,659
Dec 202506,04856.664.41$26,692
Nov 202506,78058.593.93$26,621
Oct 202506,28759.383.30$20,778
Sep 202506,03162.743.08$18,557
Aug 202506,88463.933.01$20,754
Jul 202506,70166.743.32$22,215
Jun 202506,94966.483.13$21,741
May 202507,45760.553.23$24,103
Apr 202507,00062.363.54$24,802
Mar 202507,28467.704.27$31,090
Feb 202506,84370.884.34$29,704
Jan 202506,87674.324.28$29,420
Dec 202407,40868.993.12$23,123
Nov 202407,37669.052.20$16,216
Oct 202407,41171.372.28$16,907
Sep 202407,51669.612.36$17,771
Aug 202404,96675.632.06$10,248
Jul 202403,44579.932.15$7,395
Jun 202402,41578.082.63$6,361
May 202406,76878.812.20$14,879
Apr 202406,16184.451.66$10,222
Mar 202406,62780.301.55$10,240
Feb 202406,20076.091.78$11,059
Jan 202406,86473.023.30$22,635
Dec 202306,58471.262.61$17,189
Nov 202306,02077.892.81$16,902
Oct 202306,34285.443.09$19,580
Sep 202305,61489.042.74$15,355
Aug 202305,78780.522.67$15,468
Jul 202306,32874.852.64$16,717
Jun 202305,41068.962.26$12,218
May 202305,63570.622.23$12,551
Apr 202306,35978.122.24$14,230
Mar 202306,35072.852.39$15,197
Feb 202305,65275.112.47$13,936
Jan 202306,28776.533.39$21,299
Dec 202206,87976.415.73$39,410
Nov 202206,49585.005.65$36,672
Oct 202205,28887.185.86$31,008
Sep 202201,83084.888.16$14,940
Aug 2022051194.529.13$4,664
Jul 202208,411101.587.54$63,436
Jun 202208,279115.097.98$66,043
May 202208,350109.378.43$70,416
Apr 202208,113104.226.84$55,473
Mar 202208,467108.885.08$42,982
Feb 202208,03991.054.86$39,060
Jan 202208,71981.844.54$39,564
Dec 202108,49271.323.90$33,111
Nov 202107,64777.435.24$40,046
Oct 202107,19479.795.71$41,106
Sep 202106,58169.865.35$35,214
Aug 202108,32266.024.22$35,124
Jul 202108,27770.783.98$32,960
Jun 202107,77569.493.38$26,284
May 202107,15463.483.02$21,588
Apr 202108,66460.362.76$23,899
Mar 202109,38861.302.72$25,507
Feb 202127,88457.805.55$43,856
Jan 202108,87050.412.81$24,927
Dec 202009,18544.642.68$24,574
Nov 202008,97938.772.71$24,302
Oct 202009,31136.972.48$23,077
Sep 202009,01437.091.99$17,947
Aug 202009,51039.982.39$22,682
Jul 2020010,02438.371.83$18,295
Jun 202008,76634.901.69$14,817
May 202009,69916.921.81$17,601
Apr 202009,30314.751.80$16,786
Mar 202009,52930.341.86$17,688
Feb 202009,01049.881.98$17,846
Jan 202009,32257.252.09$19,527
Dec 201909,89759.012.30$22,806
Nov 201909,65955.302.75$26,569
Oct 2019010,17653.472.42$24,611
Sep 201909,56655.052.66$25,420
Aug 2019010,30553.112.30$23,746
Jul 2019010,45556.272.46$25,720
Jun 2019010,01252.782.49$24,942
May 2019010,71558.482.74$29,363
Apr 2019010,53662.632.75$28,981
Mar 2019011,30856.803.06$34,626
Feb 2019010,38550.852.79$28,997
Jan 2019010,94846.033.23$35,342
Dec 2018011,91646.594.19$49,874
Nov 2018011,44852.934.24$48,508
Oct 2018012,94661.443.40$43,992
Sep 2018012,32159.543.11$38,294
Aug 2018012,05159.403.07$36,955
Jul 2018012,01665.142.93$35,229
Jun 2018011,66360.183.08$35,886
May 2018011,79565.382.90$34,215
Apr 2018011,70163.842.90$33,942
Mar 2018012,77761.222.79$35,607
Feb 2018012,16961.782.77$33,661
Jan 2018013,78862.874.01$55,281
Dec 2017013,56657.272.92$39,633
Nov 2017013,54455.423.12$42,235
Oct 2017013,25149.292.98$39,537
Sep 2017013,96347.523.09$43,108
Aug 2017014,85345.373.00$44,624
Jul 2017014,96843.873.09$46,210
Jun 2017014,46142.493.09$44,645
May 2017014,92445.373.26$48,703
Apr 2017015,20847.933.21$48,842
Mar 2017015,70246.772.98$46,850
Feb 2017014,66150.452.95$43,288
Jan 2017015,72549.413.42$53,761
Dec 2016016,15048.763.72$60,124
Nov 2016015,49542.492.64$40,974
Oct 2016016,37646.193.09$50,606
Sep 2016016,60741.553.10$51,492
Aug 2016017,56141.442.92$51,354
Jul 2016017,24141.622.92$50,419
Jun 2016017,89745.352.69$48,068
May 2016019,56142.521.99$38,947
Apr 2016016,97636.561.99$33,800
Mar 2016019,78133.011.79$35,487
Feb 2016019,57226.472.06$40,389
Jan 2016021,21427.352.36$50,158
Dec 2015022,19932.362.00$44,429
Nov 2015019,99038.792.17$43,325
Oct 2015021,16543.552.43$51,359
Sep 2015020,60742.992.76$56,843
Aug 2015020,54040.162.87$59,001
Jul 2015021,99948.152.95$64,789
Jun 2015022,56956.152.88$65,063
May 2015021,29055.212.96$62,922
Apr 2015021,54549.822.71$58,313
Mar 2015019,93442.892.93$58,501
Feb 2015015,89644.662.98$47,310
Jan 2015016,50543.433.10$51,176
Dec 2014015,79154.693.59$56,711
Nov 2014020,29670.464.25$86,295
Oct 2014093078.303.90$3,628
Sep 2014021,94186.164.05$88,761
Aug 2014027,56989.394.04$111,244
Jul 2014025,23096.564.18$105,451
Jun 2014025,04898.164.74$118,649
May 2014025,79994.734.73$121,941
Apr 2014024,95495.944.81$120,007
Mar 2014028,62995.895.06$144,771
Feb 2014015,77997.406.19$97,704
Jan 2014029,81990.404.86$144,942
Dec 2013027,80891.824.35$121,089
Nov 2013027,65188.853.74$103,367
Oct 2013029,47597.423.78$111,397
Sep 2013029,483104.113.72$109,610
Aug 2013031,159104.253.52$109,761
Jul 2013032,356102.523.72$120,291
Jun 2013032,50194.403.93$127,840
May 2013034,81994.834.15$144,467
Apr 2013035,38093.964.28$151,518
Mar 2013036,54393.623.91$142,988
Feb 2013035,98391.233.42$123,059
Jan 2013042,47591.603.42$145,261
Dec 2012045,64686.773.42$156,117
Nov 2012047,35086.953.62$171,642
Oct 2012052,52289.383.40$178,558
Sep 2012054,43594.672.92$158,863
Aug 2012061,11192.662.91$177,721
Jul 2012067,42285.133.02$203,668
Jun 2012073,52179.822.52$185,202
May 2012078,04091.612.49$194,188
Apr 2012072,755101.652.00$145,277
Mar 2012091,603105.052.22$203,549
Feb 2012034,811101.102.57$89,473
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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                    3 Mcf  × $  3.75 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/263469 is the state's own key, not one this site invented.