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 264225District 09Field 65280200GasSaveExport
Value, all time
$11.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$431 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
GasProduction3,353,195 Mcf$11,115,487
Total$11,115,487

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 20269,098106.413.05$27,711
Apr 20269,62298.932.87$27,612
Mar 202610,25589.753.15$32,298
Feb 20268,53263.503.75$31,998
Jan 20267,67559.138.00$61,384
Dec 20259,70956.664.41$42,849
Nov 202510,07958.593.93$39,575
Oct 202510,44359.383.30$34,512
Sep 202510,27462.743.08$31,612
Aug 202510,90863.933.01$32,885
Jul 202510,59066.743.32$35,108
Jun 202510,67166.483.13$33,387
May 20259,71860.553.23$31,412
Apr 202510,36262.363.54$36,714
Mar 202510,59567.704.27$45,223
Feb 20259,16670.884.34$39,788
Jan 202510,41374.324.28$44,554
Dec 202411,12568.993.12$34,725
Nov 202410,08469.052.20$22,169
Oct 202410,86371.372.28$24,783
Sep 202410,82369.612.36$25,589
Aug 202411,38475.632.06$23,492
Jul 202410,58079.932.15$22,711
Jun 202411,64378.082.63$30,667
May 202411,69278.812.20$25,704
Apr 202411,34184.451.66$18,817
Mar 202411,93280.301.55$18,436
Feb 202411,29176.091.78$20,139
Jan 20249,31273.023.30$30,708
Dec 202311,84571.262.61$30,924
Nov 202311,60177.892.81$32,571
Oct 202311,96585.443.09$36,939
Sep 202311,63389.042.74$31,817
Aug 202312,30680.522.67$32,892
Jul 202311,98374.852.64$31,657
Jun 202310,29168.962.26$23,242
May 202310,63270.622.23$23,682
Apr 202311,68378.122.24$26,144
Mar 202312,39972.852.39$29,673
Feb 202311,09275.112.47$27,349
Jan 202312,36976.533.39$41,903
Dec 202212,69176.415.73$72,708
Nov 202212,07685.005.65$68,184
Oct 202212,43687.185.86$72,922
Sep 202212,57384.888.16$102,642
Aug 202212,15194.529.13$110,904
Jul 202213,731101.587.54$103,560
Jun 202213,449115.097.98$107,285
May 202213,740109.378.43$115,870
Apr 202212,452104.226.84$85,142
Mar 202212,469108.885.08$63,298
Feb 20229,99991.054.86$48,584
Jan 202211,92981.844.54$54,130
Dec 202111,88871.323.90$46,353
Nov 202112,43777.435.24$65,131
Oct 202113,11479.795.71$74,932
Sep 202112,95769.865.35$69,332
Aug 202113,45566.024.22$56,788
Jul 202113,41770.783.98$53,428
Jun 202113,42469.493.38$45,381
May 202113,81463.483.02$41,686
Apr 202113,12660.362.76$36,207
Mar 202113,85161.302.72$37,632
Feb 202111,20957.805.55$62,187
Jan 202113,60050.412.81$38,220
Dec 202013,94544.642.68$37,309
Nov 202013,89538.772.71$37,608
Oct 202014,50436.972.48$35,947
Sep 202014,12537.091.99$28,123
Aug 202015,11839.982.39$36,058
Jul 202015,25038.371.83$27,833
Jun 202014,81734.901.69$25,045
May 202014,99816.921.81$27,218
Apr 202014,32714.751.80$25,851
Mar 202015,79230.341.86$29,314
Feb 202014,84049.881.98$29,393
Jan 202015,97957.252.09$33,472
Dec 201915,96159.012.30$36,780
Nov 201915,61755.302.75$42,958
Oct 201916,71053.472.42$40,414
Sep 201914,60755.052.66$38,815
Aug 201915,89453.112.30$36,626
Jul 201916,13556.272.46$39,693
Jun 201915,64452.782.49$38,972
May 201916,87858.482.74$46,251
Apr 201916,64962.632.75$45,796
Mar 201916,89356.803.06$51,728
Feb 201916,17150.852.79$45,153
Jan 201917,06946.033.23$55,102
Dec 201817,32246.594.19$72,500
Nov 201816,74052.934.24$70,931
Oct 201817,72661.443.40$60,234
Sep 201817,18959.543.11$53,423
Aug 201817,95559.403.07$55,060
Jul 201818,30965.142.93$53,680
Jun 201819,39960.183.08$59,689
May 20187,52365.382.90$21,823
Apr 201817,15663.842.90$49,766
Mar 201817,34961.222.79$48,349
Feb 201815,96061.782.77$44,147
Jan 201818,66162.874.01$74,818
Dec 201718,40257.272.92$53,762
Nov 201718,30455.423.12$57,078
Oct 201719,45149.292.98$58,036
Sep 201718,29547.523.09$56,482
Aug 201718,29545.373.00$54,966
Jul 201718,41643.873.09$56,855
Jun 201718,73442.493.09$57,837
May 201718,91445.373.26$61,724
Apr 201719,18047.933.21$61,598
Mar 201719,35146.772.98$57,737
Feb 201717,77150.452.95$52,471
Jan 201719,49149.413.42$66,636
Dec 201618,57848.763.72$69,163
Nov 201618,71842.492.64$49,497
Oct 201619,78246.193.09$61,132
Sep 201619,53841.553.10$60,580
Aug 201620,36441.442.92$59,551
Jul 201620,20641.622.92$59,089
Jun 201619,98945.352.69$53,687
May 201620,76042.521.99$41,334
Apr 201620,28136.561.99$40,380
Mar 201621,70133.011.79$38,932
Feb 201621,43626.472.06$44,236
Jan 201622,47927.352.36$53,148
Dec 201523,28532.362.00$46,603
Nov 201523,08438.792.17$50,031
Oct 201523,86243.552.43$57,903
Sep 201523,80542.992.76$65,664
Aug 201525,08540.162.87$72,056
Jul 201523,53848.152.95$69,321
Jun 201524,51056.152.88$70,659
May 201525,27555.212.96$74,699
Apr 201525,56349.822.71$69,188
Mar 201526,95742.892.93$79,111
Feb 201525,22044.662.98$75,060
Jan 201528,41143.433.10$88,092
Dec 201429,36854.693.59$105,471
Nov 201429,15570.464.25$123,962
Oct 201425,91778.303.90$101,101
Sep 201421,29586.164.05$86,148
Aug 201424,33589.394.04$98,195
Jul 201428,03196.564.18$117,158
Jun 201423,31998.164.74$110,459
May 201424,58494.734.73$116,198
Apr 201423,93795.944.81$115,116
Mar 201424,03895.895.06$121,555
Feb 201420,68697.406.19$128,088
Jan 201425,77190.404.86$125,266
Dec 201329,80991.824.35$129,803
Nov 201334,44188.853.74$128,750
Oct 201334,61897.423.78$130,834
Sep 201334,119104.113.72$126,846
Aug 201334,012104.253.52$119,811
Jul 201330,741102.523.72$114,287
Jun 201333,84994.403.93$133,142
May 201337,00394.834.15$153,528
Apr 201336,84793.964.28$157,801
Mar 201341,05893.623.91$160,655
Feb 201337,56091.233.42$128,452
Jan 201342,82491.603.42$146,454
Dec 201244,31286.773.42$151,554
Nov 201244,35886.953.62$160,796
Oct 201242,82889.383.40$145,602
Sep 201236,92694.672.92$107,765
Aug 201241,83192.662.91$121,651
Jul 201248,69785.133.02$147,104
Jun 201246,35779.822.52$116,775
May 201250,95891.612.49$126,800
Apr 201251,300101.652.00$102,436
Mar 201249,074105.052.22$109,046
Feb 201251,560101.102.57$132,522
Jan 201231,57298.092.73$86,320

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                9,098 Mcf  × $  3.05 =    $27,711

────────────────────────────────────────────────────
Month total                                  $27,711

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/264225 is the state's own key, not one this site invented.