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 263792District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.4 M
Sep 2011 – May 2026
Value, last 12 filed months
$221 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
CondensateDisposition1 bbl$58
GasProduction2,271,014 Mcf$7,418,424
Total$7,418,482

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 202604,399106.413.05$13,399
Apr 202605,06198.932.87$14,524
Mar 202604,75889.753.15$14,985
Feb 202603,68463.503.75$13,816
Jan 202605,40259.138.00$43,205
Dec 202505,08656.664.41$22,446
Nov 202505,68758.593.93$22,330
Oct 202504,33559.383.30$14,326
Sep 202505,33562.743.08$16,415
Aug 202505,84363.933.01$17,615
Jul 202503,81566.743.32$12,647
Jun 202504,94166.483.13$15,459
May 202505,75860.553.23$18,612
Apr 202505,00362.363.54$17,726
Mar 202505,15267.704.27$21,990
Feb 202503,71370.884.34$16,118
Jan 202502,25074.324.28$9,627
Dec 2024030068.993.12$936
Nov 2024060269.052.20$1,323
Oct 202404,86771.372.28$11,104
Sep 202404,58869.612.36$10,848
Aug 202403,23275.632.06$6,670
Jul 202402,71479.932.15$5,826
Jun 2024074878.082.63$1,970
May 202402,41378.812.20$5,305
Apr 202406,63584.451.66$11,009
Mar 202404,46480.301.55$6,897
Feb 202404,77276.091.78$8,512
Jan 202406,64173.023.30$21,900
Dec 202307,36271.262.61$19,220
Nov 202307,25077.892.81$20,355
Oct 202306,48085.443.09$20,006
Sep 202306,16789.042.74$16,867
Aug 202305,47480.522.67$14,631
Jul 202305,05874.852.64$13,362
Jun 202303,97668.962.26$8,980
May 202301,49470.622.23$3,328
Apr 202302,53678.122.24$5,675
Mar 202303,21872.852.39$7,701
Feb 202303,02675.112.47$7,461
Jan 202304,72376.533.39$16,000
Dec 202204,73576.415.73$27,127
Nov 202204,39085.005.65$24,787
Oct 202202,48187.185.86$14,548
Sep 202201,62384.888.16$13,250
Aug 202204,95794.529.13$45,243
Jul 202205,407101.587.54$40,780
Jun 202205,952115.097.98$47,480
May 202205,899109.378.43$49,747
Apr 202205,875104.226.84$40,171
Mar 202206,196108.885.08$31,453
Feb 202205,31091.054.86$25,800
Jan 202205,91381.844.54$26,831
Dec 202105,10071.323.90$19,886
Nov 202104,68977.435.24$24,556
Oct 202102,50779.795.71$14,325
Sep 202103,64669.865.35$19,509
Aug 202105,30066.024.22$22,369
Jul 202105,63570.783.98$22,439
Jun 202105,86069.493.38$19,810
May 202101,50063.483.02$4,527
Apr 2021065560.362.76$1,807
Mar 202102,82261.302.72$7,667
Feb 202113,37757.805.55$18,793
Jan 202105,79450.412.81$16,283
Dec 202006,54444.642.68$17,508
Nov 202005,92738.772.71$16,042
Oct 202006,20436.972.48$15,376
Sep 202006,72237.091.99$13,384
Aug 202007,46939.982.39$17,814
Jul 202006,77738.371.83$12,369
Jun 202004,70834.901.69$7,958
May 202003,82516.921.81$6,941
Apr 202005,26014.751.80$9,491
Mar 202007,52730.341.86$13,972
Feb 202006,92849.881.98$13,722
Jan 202007,64257.252.09$16,008
Dec 201907,16859.012.30$16,518
Nov 201906,85655.302.75$18,859
Oct 201907,48553.472.42$18,103
Sep 201906,93755.052.66$18,434
Aug 201908,33253.112.30$19,200
Jul 201908,72856.272.46$21,471
Jun 201907,87852.782.49$19,626
May 201908,43958.482.74$23,126
Apr 201908,17762.632.75$22,492
Mar 201908,73356.803.06$26,741
Feb 201908,36150.852.79$23,346
Jan 201908,69346.033.23$28,063
Dec 201809,43846.594.19$39,502
Nov 201808,96952.934.24$38,004
Oct 201808,99061.443.40$30,549
Sep 201809,50659.543.11$29,545
Aug 201809,91459.403.07$30,402
Jul 201809,54465.142.93$27,982
Jun 201809,35060.183.08$28,769
May 2018010,72665.382.90$31,114
Apr 2018010,32163.842.90$29,939
Mar 2018010,33361.222.79$28,796
Feb 201809,38661.782.77$25,963
Jan 2018010,70762.874.01$42,928
Dec 2017010,65157.272.92$31,117
Nov 2017010,95655.423.12$34,165
Oct 2017010,90249.292.98$32,528
Sep 2017011,03147.523.09$34,056
Aug 2017012,32645.373.00$37,032
Jul 201705,67043.873.09$17,505
Jun 2017013,15442.493.09$40,610
May 2017013,74445.373.26$44,852
Apr 2017013,20647.933.21$42,412
Mar 2017013,46446.772.98$40,172
Feb 2017012,11250.452.95$35,762
Jan 2017014,38449.413.42$49,176
Dec 2016015,19848.763.72$56,580
Nov 2016014,97242.492.64$39,591
Oct 2016016,00146.193.09$49,447
Sep 2016015,73841.553.10$48,798
Aug 2016017,00541.442.92$49,728
Jul 2016017,30041.622.92$50,591
Jun 2016012,22945.352.69$32,845
May 2016013,00842.521.99$25,899
Apr 201608,13936.561.99$16,205
Mar 201609,22433.011.79$16,548
Feb 201607,43126.472.06$15,335
Jan 201606,08427.352.36$14,385
Dec 201504,64632.362.00$9,299
Nov 2015012,73338.792.17$27,597
Oct 2015015,69143.552.43$38,075
Sep 2015016,67742.992.76$46,002
Aug 2015015,08040.162.87$43,317
Jul 2015015,72848.152.95$46,320
Jun 2015013,58656.152.88$39,167
May 201509,90855.212.96$29,283
Apr 2015014,60049.822.71$39,516
Mar 2015017,17742.892.93$50,410
Feb 2015015,80044.662.98$47,024
Jan 2015018,23043.433.10$56,524
Dec 2014018,79254.693.59$67,489
Nov 2014017,82070.464.25$75,768
Oct 2014021,41678.303.90$83,543
Sep 2014015,90286.164.05$64,331
Aug 201408,57289.394.04$34,589
Jul 2014021,78396.564.18$91,044
Jun 2014022,68198.164.74$107,437
May 2014024,15094.734.73$114,146
Apr 2014022,93795.944.81$110,307
Mar 2014023,20495.895.06$117,338
Feb 2014012,36097.406.19$76,533
Jan 2014024,04090.404.86$116,852
Dec 2013023,89291.824.35$104,037
Nov 2013025,39188.853.74$94,919
Oct 2013026,74997.423.78$101,094
Sep 2013028,892104.113.72$107,413
Aug 2013029,015104.253.52$102,209
Jul 2013025,609102.523.72$95,208
Jun 2013026,19794.403.93$103,044
May 2013028,62794.834.15$118,776
Apr 2013029,85093.964.28$127,835
Mar 2013033,50393.623.91$131,093
Feb 2013033,28191.233.42$113,818
Jan 2013038,34291.603.42$131,126
Dec 2012041,62986.773.42$142,378
Nov 2012042,15486.953.62$152,807
Oct 2012047,36089.383.40$161,009
Sep 2012049,52294.672.92$144,525
Aug 2012056,08692.662.91$163,107
Jul 2012062,65785.133.02$189,274
Jun 2012070,20079.822.52$176,837
May 2012075,65791.612.49$188,259
Apr 2012078,869101.652.00$157,486
Mar 2012091,370105.052.22$203,031
Feb 2012035,631101.102.57$91,580
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                4,399 Mcf  × $  3.05 =    $13,399

────────────────────────────────────────────────────
Month total                                  $13,399

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/263792 is the state's own key, not one this site invented.