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 263489District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.1 M
Aug 2011 – May 2026
Value, last 12 filed months
$134 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
CondensateDisposition2 bbl$116
GasProduction2,492,222 Mcf$8,107,105
Total$8,107,220

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 202602,767106.413.05$8,428
Apr 202602,72298.932.87$7,811
Mar 202602,90389.753.15$9,143
Feb 202602,64463.503.75$9,916
Jan 202602,53859.138.00$20,299
Dec 202502,00956.664.41$8,866
Nov 202502,20858.593.93$8,670
Oct 202504,43259.383.30$14,647
Sep 202503,32662.743.08$10,234
Aug 202503,69663.933.01$11,143
Jul 202503,42466.743.32$11,351
Jun 202504,39766.483.13$13,757
May 202504,52960.553.23$14,639
Apr 202504,35762.363.54$15,437
Mar 202504,30267.704.27$18,362
Feb 202503,52070.884.34$15,280
Jan 202504,42074.324.28$18,912
Dec 202403,07668.993.12$9,601
Nov 202403,07569.052.20$6,760
Oct 202404,15571.372.28$9,479
Sep 202404,04069.612.36$9,552
Aug 202405,23275.632.06$10,797
Jul 202403,12879.932.15$6,715
Jun 202403,24278.082.63$8,539
May 202403,08478.812.20$6,780
Apr 202404,96084.451.66$8,230
Mar 202404,77280.301.55$7,373
Feb 202406,01976.091.78$10,736
Jan 202406,84273.023.30$22,563
Dec 202305,81571.262.61$15,181
Nov 202304,37777.892.81$12,289
Oct 202304,98285.443.09$15,381
Sep 202304,93989.042.74$13,508
Aug 202303,94480.522.67$10,542
Jul 202306,12774.852.64$16,186
Jun 202304,81568.962.26$10,875
May 202306,00770.622.23$13,380
Apr 202306,52578.122.24$14,601
Mar 202305,95272.852.39$14,244
Feb 202305,58475.112.47$13,768
Jan 202306,05076.533.39$20,496
Dec 202206,68876.415.73$38,316
Nov 202206,74585.005.65$38,084
Oct 202204,39587.185.86$25,771
Sep 202206,60784.888.16$53,937
Aug 202207,01894.529.13$64,054
Jul 202206,939101.587.54$52,334
Jun 202204,484115.097.98$35,770
May 202207,327109.378.43$61,789
Apr 202207,143104.226.84$48,841
Mar 202207,537108.885.08$38,261
Feb 202206,79991.054.86$33,035
Jan 202207,72381.844.54$35,045
Dec 202107,76871.323.90$30,288
Nov 202107,59577.435.24$39,774
Oct 202108,11179.795.71$46,345
Sep 202107,92869.865.35$42,422
Aug 202108,11866.024.22$34,263
Jul 202108,10670.783.98$32,279
Jun 202107,85469.493.38$26,551
May 202108,22263.483.02$24,811
Apr 202108,20060.362.76$22,619
Mar 202108,09461.302.72$21,991
Feb 202127,18757.805.55$39,989
Jan 202108,24950.412.81$23,182
Dec 202008,15744.642.68$21,824
Nov 202008,16938.772.71$22,110
Oct 202008,88936.972.48$22,031
Sep 202008,29937.091.99$16,524
Aug 202008,11939.982.39$19,365
Jul 202008,05638.371.83$14,703
Jun 202008,00834.901.69$13,536
May 202008,34116.921.81$15,137
Apr 202007,81514.751.80$14,101
Mar 202008,34330.341.86$15,487
Feb 202007,75449.881.98$15,358
Jan 202008,20257.252.09$17,181
Dec 201908,80159.012.30$20,281
Nov 201908,86355.302.75$24,379
Oct 201909,28353.472.42$22,451
Sep 201908,66055.052.66$23,012
Aug 201908,49053.112.30$19,564
Jul 201908,85956.272.46$21,794
Jun 201908,18752.782.49$20,395
May 201908,05058.482.74$22,060
Apr 201909,05762.632.75$24,913
Mar 2019010,05456.803.06$30,786
Feb 201908,89350.852.79$24,831
Jan 2019010,36246.033.23$33,450
Dec 2018010,21546.594.19$42,754
Nov 201809,10052.934.24$38,559
Oct 2018011,26661.443.40$38,283
Sep 2018010,58359.543.11$32,892
Aug 2018010,28159.403.07$31,527
Jul 2018010,66865.142.93$31,277
Jun 2018010,14660.183.08$31,218
May 2018010,46265.382.90$30,348
Apr 201808,69863.842.90$25,231
Mar 201809,68961.222.79$27,002
Feb 2018010,69861.782.77$29,592
Jan 2018012,20362.874.01$48,926
Dec 2017012,46757.272.92$36,423
Nov 2017012,28555.423.12$38,309
Oct 2017012,78049.292.98$38,131
Sep 2017012,77347.523.09$39,434
Aug 2017014,15345.373.00$42,521
Jul 2017013,78843.873.09$42,567
Jun 2017014,20742.493.09$43,861
May 2017014,12545.373.26$46,096
Apr 2017012,80047.933.21$41,108
Mar 2017013,86546.772.98$41,369
Feb 2017012,55650.452.95$37,073
Jan 2017015,11849.413.42$51,685
Dec 2016015,50648.763.72$57,726
Nov 2016015,47742.492.64$40,927
Oct 2016015,81046.193.09$48,857
Sep 2016016,38041.553.10$50,788
Aug 2016017,36741.442.92$50,787
Jul 2016017,23841.622.92$50,410
Jun 2016017,00045.352.69$45,659
May 2016017,23842.521.99$34,322
Apr 2016016,22036.561.99$32,295
Mar 2016019,14233.011.79$34,341
Feb 2016017,21426.472.06$35,523
Jan 2016019,00827.352.36$44,942
Dec 2015019,04532.362.00$38,117
Nov 2015018,32638.792.17$39,718
Oct 2015019,22043.552.43$46,639
Sep 2015018,79442.992.76$51,842
Aug 2015019,85340.162.87$57,028
Jul 2015020,59548.152.95$60,654
Jun 2015021,56456.152.88$62,166
May 2015021,04355.212.96$62,192
Apr 2015021,89849.822.71$59,268
Mar 2015023,70442.892.93$69,564
Feb 2015020,51544.662.98$61,057
Jan 2015016,31143.433.10$50,574
Dec 201406,22554.693.59$22,356
Nov 2014013,05970.464.25$55,525
Oct 2014015,93678.303.90$62,166
Sep 2014019,42686.164.05$78,587
Aug 2014021,15189.394.04$85,347
Jul 2014020,86896.564.18$87,220
Jun 2014021,22898.164.74$100,554
May 2014022,97294.734.73$108,579
Apr 2014023,09395.944.81$111,057
Mar 2014025,48195.895.06$128,852
Feb 2014012,39997.406.19$76,775
Jan 2014024,95490.404.86$121,294
Dec 2013026,18991.824.35$114,039
Nov 2013024,74088.853.74$92,485
Oct 2013026,38697.423.78$99,722
Sep 2013026,448104.113.72$98,327
Aug 2013028,414104.253.52$100,091
Jul 2013029,224102.523.72$108,647
Jun 2013029,49694.403.93$116,020
May 2013031,77994.834.15$131,854
Apr 2013032,10993.964.28$137,510
Mar 2013034,84093.623.91$136,324
Feb 2013033,34791.233.42$114,044
Jan 2013039,03991.603.42$133,510
Dec 2012041,20486.773.42$140,924
Nov 2012041,97886.953.62$152,169
Oct 2012046,03189.383.40$156,491
Sep 2012047,62194.672.92$138,977
Aug 2012052,92792.662.91$153,920
Jul 2012057,74185.133.02$174,424
Jun 2012061,52779.822.52$154,989
May 2012072,10691.612.49$179,423
Apr 2012072,020101.652.00$143,810
Mar 2012092,316105.052.22$205,134
Feb 2012033,070101.102.57$84,998
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                2,767 Mcf  × $  3.05 =     $8,428

────────────────────────────────────────────────────
Month total                                   $8,428

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/263489 is the state's own key, not one this site invented.