LAKE PLACE

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 264224District 09Field 65280200GasSaveExport
Value, all time
$9.0 M
Jan 2012 – May 2026
Value, last 12 filed months
$374 k
at the published price for each month
Months reported
173
no gaps in the span
Streams
1
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
GasProduction2,725,471 Mcf$9,028,374
Total$9,028,374

Every month this lease reported (173)

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

173 months

May 20268,410106.413.05$25,616
Apr 20268,35798.932.87$23,982
Mar 20268,61789.753.15$27,139
Feb 20267,60463.503.75$28,517
Jan 20268,37159.138.00$66,951
Dec 20258,14156.664.41$35,929
Nov 20258,01158.593.93$31,455
Oct 20258,23959.383.30$27,229
Sep 20258,26362.743.08$25,425
Aug 20258,63563.933.01$26,032
Jul 20258,58766.743.32$28,468
Jun 20258,61466.483.13$26,951
May 20258,06060.553.23$26,053
Apr 20258,40862.363.54$29,791
Mar 20258,87267.704.27$37,869
Feb 20257,87670.884.34$34,188
Jan 20258,93874.324.28$38,243
Dec 20249,24768.993.12$28,863
Nov 20249,02769.052.20$19,845
Oct 20249,31571.372.28$21,251
Sep 20248,87869.612.36$20,991
Aug 20249,18775.632.06$18,959
Jul 20249,21679.932.15$19,783
Jun 20249,02578.082.63$23,772
May 20249,23878.812.20$20,309
Apr 20248,96684.451.66$14,876
Mar 20249,34380.301.55$14,436
Feb 20248,57176.091.78$15,288
Jan 20249,35873.023.30$30,860
Dec 20239,71771.262.61$25,368
Nov 20239,03577.892.81$25,366
Oct 20239,46985.443.09$29,233
Sep 20239,42289.042.74$25,770
Aug 202310,03180.522.67$26,812
Jul 20239,87374.852.64$26,082
Jun 20237,97168.962.26$18,002
May 20239,07070.622.23$20,203
Apr 20239,38678.122.24$21,004
Mar 20239,92372.852.39$23,747
Feb 20238,76375.112.47$21,607
Jan 20239,84476.533.39$33,349
Dec 20229,24676.415.73$52,971
Nov 20228,39585.005.65$47,400
Oct 20229,04687.185.86$53,044
Sep 20229,01884.888.16$73,620
Aug 20229,13694.529.13$83,386
Jul 20229,272101.587.54$69,930
Jun 20229,096115.097.98$72,561
May 20229,294109.378.43$78,377
Apr 20229,290104.226.84$63,521
Mar 20229,626108.885.08$48,865
Feb 20228,09591.054.86$39,332
Jan 20229,22481.844.54$41,856
Dec 20218,22271.323.90$32,059
Nov 20218,94477.435.24$46,838
Oct 20219,34079.795.71$53,368
Sep 20219,06069.865.35$48,479
Aug 20219,33866.024.22$39,412
Jul 20219,36570.783.98$37,292
Jun 20217,89669.493.38$26,693
May 20216,42463.483.02$19,386
Apr 20219,63460.362.76$26,575
Mar 202110,18061.302.72$27,658
Feb 20216,98457.805.55$38,747
Jan 202110,46850.412.81$29,418
Dec 20209,38744.642.68$25,115
Nov 20209,85238.772.71$26,665
Oct 202010,36936.972.48$25,699
Sep 20209,40837.091.99$18,732
Aug 202010,85539.982.39$25,890
Jul 202011,02238.371.83$20,116
Jun 202010,80634.901.69$18,265
May 202011,30816.921.81$20,521
Apr 202011,28614.751.80$20,364
Mar 202011,40330.341.86$21,167
Feb 202010,28449.881.98$20,369
Jan 202011,75957.252.09$24,632
Dec 201911,85559.012.30$27,318
Nov 201911,74955.302.75$32,318
Oct 201911,93753.472.42$28,870
Sep 201910,75655.052.66$28,582
Aug 201911,52653.112.30$26,560
Jul 201911,17456.272.46$27,489
Jun 201911,46252.782.49$28,554
May 201912,29858.482.74$33,700
Apr 201911,63662.632.75$32,007
Mar 201915,02756.803.06$46,014
Feb 201914,06550.852.79$39,273
Jan 201915,18146.033.23$49,007
Dec 201816,00146.594.19$66,971
Nov 201815,39752.934.24$65,241
Oct 201815,81561.443.40$53,741
Sep 201815,32659.543.11$47,633
Aug 201816,14259.403.07$49,500
Jul 201816,03265.142.93$47,004
Jun 201814,85160.183.08$45,695
May 20185,08365.382.90$14,745
Apr 201815,25263.842.90$44,243
Mar 201814,73761.222.79$41,070
Feb 201813,15961.782.77$36,399
Jan 201814,55462.874.01$58,352
Dec 201714,42757.272.92$42,149
Nov 201714,56155.423.12$45,406
Oct 201714,60949.292.98$43,589
Sep 201713,23347.523.09$40,854
Aug 201714,63945.373.00$43,981
Jul 201714,82143.873.09$45,757
Jun 201714,48342.493.09$44,713
May 201715,59845.373.26$50,903
Apr 201715,31547.933.21$49,186
Mar 201715,23246.772.98$45,447
Feb 201715,07350.452.95$44,505
Jan 201717,01949.413.42$58,185
Dec 201617,93748.763.72$66,776
Nov 201617,33142.492.64$45,829
Oct 201617,19046.193.09$53,122
Sep 201616,46841.553.10$51,061
Aug 201617,02041.442.92$49,772
Jul 201617,53241.622.92$51,270
Jun 201617,15345.352.69$46,070
May 201617,53942.521.99$34,921
Apr 201618,11136.561.99$36,060
Mar 201619,45033.011.79$34,893
Feb 201617,48426.472.06$36,081
Jan 201620,35327.352.36$48,122
Dec 201520,41832.362.00$40,865
Nov 201519,92338.792.17$43,180
Oct 201520,88943.552.43$50,689
Sep 201519,92742.992.76$54,967
Aug 201520,92340.162.87$60,101
Jul 201522,45748.152.95$66,138
Jun 201520,16156.152.88$58,121
May 201518,86955.212.96$55,766
Apr 201517,63949.822.71$47,741
Mar 201517,11642.892.93$50,231
Feb 201513,73544.662.98$40,878
Jan 201516,36343.433.10$50,736
Dec 201416,77154.693.59$60,231
Nov 201417,84270.464.25$75,861
Oct 201416,25278.303.90$63,398
Sep 201422,65786.164.05$91,658
Aug 201419,87489.394.04$80,194
Jul 201419,31496.564.18$80,725
Jun 201420,31898.164.74$96,244
May 201420,62794.734.73$97,495
Apr 201419,24295.944.81$92,537
Mar 201420,97395.895.06$106,056
Feb 201419,02697.406.19$117,809
Jan 201427,94290.404.86$135,818
Dec 201326,37291.824.35$114,836
Nov 201327,83288.853.74$104,044
Oct 201329,80897.423.78$112,655
Sep 201329,177104.113.72$108,473
Aug 201331,391104.253.52$110,578
Jul 201332,180102.523.72$119,637
Jun 201331,56294.403.93$124,146
May 201332,83294.834.15$136,223
Apr 201332,49293.964.28$139,150
Mar 201334,13693.623.91$133,570
Feb 201331,26991.233.42$106,937
Jan 201335,77991.603.42$122,361
Dec 201236,77986.773.42$125,790
Nov 201236,63886.953.62$132,811
Oct 201239,44689.383.40$134,104
Sep 201239,15194.672.92$114,258
Aug 201240,91192.662.91$118,976
Jul 201241,46785.133.02$125,264
Jun 201241,13979.822.52$103,631
May 201240,92691.612.49$101,837
Apr 201242,232101.652.00$84,329
Mar 201239,599105.052.22$87,992
Feb 201240,164101.102.57$103,231
Jan 201223,12898.092.73$63,234

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
Gas                8,410 Mcf  × $  3.05 =    $25,616

────────────────────────────────────────────────────
Month total                                  $25,616

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/264224 is the state's own key, not one this site invented.