LMRA WEST 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 265337District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Dec 2011 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
174
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
GasProduction1,843,714 Mcf$6,213,824
Total$6,213,824

Every month this lease reported (174)

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

174 months

May 20263,688106.413.05$11,233
Apr 20263,94398.932.87$11,315
Mar 20264,14389.753.15$13,048
Feb 20263,72463.503.75$13,966
Jan 20264,15259.138.00$33,207
Dec 20253,84756.664.41$16,978
Nov 20253,50658.593.93$13,766
Oct 20253,71559.383.30$12,277
Sep 20253,83862.743.08$11,809
Aug 20254,03163.933.01$12,153
Jul 20253,97966.743.32$13,191
Jun 20253,80466.483.13$11,902
May 20254,48560.553.23$14,497
Apr 20255,11662.363.54$18,127
Mar 20255,34667.704.27$22,818
Feb 20254,53470.884.34$19,681
Jan 20254,94674.324.28$21,162
Dec 20245,03868.993.12$15,725
Nov 20244,98769.052.20$10,964
Oct 20245,05171.372.28$11,523
Sep 20245,00069.612.36$11,822
Aug 20245,03875.632.06$10,397
Jul 20245,14179.932.15$11,036
Jun 20244,63478.082.63$12,206
May 20245,50078.812.20$12,091
Apr 20245,26084.451.66$8,727
Mar 20245,73880.301.55$8,866
Feb 20244,78876.091.78$8,540
Jan 20245,50873.023.30$18,164
Dec 20235,92771.262.61$15,474
Nov 20235,39377.892.81$15,141
Oct 20234,97285.443.09$15,350
Sep 20235,47489.042.74$14,972
Aug 20235,86780.522.67$15,682
Jul 20235,21274.852.64$13,769
Jun 20234,87068.962.26$10,999
May 20234,71770.622.23$10,507
Apr 20234,29678.122.24$9,613
Mar 20235,94072.852.39$14,215
Feb 20234,03175.112.47$9,939
Jan 20233,38076.533.39$11,450
Dec 20224,64776.415.73$26,623
Nov 20225,94785.005.65$33,578
Oct 20226,30487.185.86$36,965
Sep 20226,07984.888.16$49,627
Aug 20226,26594.529.13$57,182
Jul 20226,350101.587.54$47,892
Jun 20226,241115.097.98$49,786
May 20226,426109.378.43$54,191
Apr 20226,472104.226.84$44,253
Mar 20226,800108.885.08$34,520
Feb 20226,04191.054.86$29,352
Jan 20225,55081.844.54$25,184
Dec 20214,88971.323.90$19,063
Nov 20215,88977.435.24$30,840
Oct 20215,62679.795.71$32,146
Sep 20215,69769.865.35$30,484
Aug 20216,28466.024.22$26,522
Jul 20215,96970.783.98$23,769
Jun 20216,32269.493.38$21,372
May 20216,71363.483.02$20,258
Apr 20216,10060.362.76$16,826
Mar 20217,46861.302.72$20,290
Feb 20216,04057.805.55$33,510
Jan 20218,32350.412.81$23,390
Dec 20208,39044.642.68$22,447
Nov 20207,47438.772.71$20,229
Oct 20208,41436.972.48$20,854
Sep 20207,94937.091.99$15,827
Aug 20208,18539.982.39$19,522
Jul 20208,16538.371.83$14,902
Jun 20207,92134.901.69$13,389
May 20208,31516.921.81$15,090
Apr 20207,96114.751.80$14,365
Mar 20207,97630.341.86$14,805
Feb 20207,67049.881.98$15,192
Jan 20208,40657.252.09$17,608
Dec 20198,57959.012.30$19,769
Nov 20198,10755.302.75$22,300
Oct 20198,58653.472.42$20,766
Sep 20198,30655.052.66$22,071
Aug 20198,63753.112.30$19,903
Jul 20198,72856.272.46$21,471
Jun 20198,37552.782.49$20,864
May 20198,56158.482.74$23,460
Apr 20198,10662.632.75$22,297
Mar 20197,32556.803.06$22,430
Feb 20197,56150.852.79$21,112
Jan 20198,46846.033.23$27,336
Dec 20188,95446.594.19$37,476
Nov 20188,42052.934.24$35,678
Oct 20188,62061.443.40$29,291
Sep 20188,54759.543.11$26,564
Aug 20189,05159.403.07$27,755
Jul 20189,18865.142.93$26,938
Jun 20188,61760.183.08$26,514
May 20188,45065.382.90$24,512
Apr 20187,92163.842.90$22,977
Mar 20188,94461.222.79$24,926
Feb 20188,40961.782.77$23,260
Jan 20189,20762.874.01$36,914
Dec 20179,26957.272.92$27,080
Nov 20179,03655.423.12$28,178
Oct 20179,27149.292.98$27,662
Sep 20179,20447.523.09$28,415
Aug 20179,41045.373.00$28,271
Jul 20179,82943.873.09$30,345
Jun 20179,76842.493.09$30,157
May 201710,16845.373.26$33,182
Apr 20179,95247.933.21$31,962
Mar 201710,53446.772.98$31,430
Feb 20179,71250.452.95$28,676
Jan 201711,06849.413.42$37,839
Dec 201610,37648.763.72$38,628
Nov 201610,61642.492.64$28,072
Oct 201610,82546.193.09$33,452
Sep 201610,84141.553.10$33,614
Aug 201611,04341.442.92$32,293
Jul 201611,11941.622.92$32,516
Jun 201611,30145.352.69$30,353
May 201611,84342.521.99$23,580
Apr 201611,79436.561.99$23,482
Mar 201612,29333.011.79$22,054
Feb 201611,75426.472.06$24,256
Jan 201612,75427.352.36$30,155
Dec 201513,16632.362.00$26,351
Nov 201512,37738.792.17$26,825
Oct 201513,04543.552.43$31,655
Sep 201513,01542.992.76$35,901
Aug 201513,71940.162.87$39,408
Jul 201514,20548.152.95$41,835
Jun 201514,29356.152.88$41,205
May 201515,02555.212.96$44,406
Apr 201515,18649.822.71$41,102
Mar 201515,34642.892.93$45,036
Feb 201514,13144.662.98$42,057
Jan 201515,67643.433.10$48,605
Dec 201416,34654.693.59$58,704
Nov 201416,95470.464.25$72,086
Oct 201418,50878.303.90$72,199
Sep 201412,02586.164.05$48,646
Aug 20147,57889.394.04$30,578
Jul 201415,75596.564.18$65,850
Jun 201417,53398.164.74$83,052
May 201418,76494.734.73$88,689
Apr 201419,24695.944.81$92,556
Mar 201419,70695.895.06$99,649
Feb 201417,25497.406.19$106,837
Jan 201416,95390.404.86$82,404
Dec 201319,67191.824.35$85,657
Nov 20135,10588.853.74$19,084
Oct 201316,69297.423.78$63,085
Sep 201318,071104.113.72$67,183
Aug 201322,002104.253.52$77,504
Jul 201322,580102.523.72$83,947
Jun 201323,01494.403.93$90,524
May 201324,88794.834.15$103,258
Apr 201326,26693.964.28$112,487
Mar 201330,08793.623.91$117,727
Feb 201327,82591.233.42$95,159
Jan 201333,31191.603.42$113,921
Dec 201234,05786.773.42$116,480
Nov 201232,84686.953.62$119,065
Oct 201234,46289.383.40$117,160
Sep 201234,78194.672.92$101,505
Aug 201241,06992.662.91$119,435
Jul 201243,08885.133.02$130,160
Jun 201248,56579.822.52$122,337
May 201244,25591.612.49$110,121
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$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
Gas                3,688 Mcf  × $  3.05 =    $11,233

────────────────────────────────────────────────────
Month total                                  $11,233

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/265337 is the state's own key, not one this site invented.