WILLIAMS SMITH 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 265581District 09Field 65280200GasSaveExport
Value, all time
$6.9 M
Mar 2012 – May 2026
Value, last 12 filed months
$238 k
at the published price for each month
Months reported
171
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
GasProduction1,991,181 Mcf$6,858,148
Total$6,858,148

Every month this lease reported (171)

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

171 months

May 20265,439106.413.05$16,566
Apr 20265,34098.932.87$15,324
Mar 20265,47689.753.15$17,246
Feb 20264,73563.503.75$17,758
Jan 20265,52459.138.00$44,181
Dec 20256,09756.664.41$26,908
Nov 20255,49158.593.93$21,560
Oct 20255,05759.383.30$16,713
Sep 20254,95262.743.08$15,237
Aug 20254,97763.933.01$15,004
Jul 20254,59966.743.32$15,247
Jun 20255,06766.483.13$15,853
May 20255,32560.553.23$17,212
Apr 20255,26362.363.54$18,647
Mar 20254,99467.704.27$21,316
Feb 20254,80070.884.34$20,836
Jan 20255,43074.324.28$23,233
Dec 20245,22668.993.12$16,312
Nov 20245,20169.052.20$11,434
Oct 20245,46571.372.28$12,468
Sep 20245,47669.612.36$12,947
Aug 20245,93175.632.06$12,239
Jul 20244,82179.932.15$10,349
Jun 20244,16078.082.63$10,957
May 20243,99078.812.20$8,772
Apr 20243,89984.451.66$6,469
Mar 20244,45080.301.55$6,876
Feb 20244,29076.091.78$7,652
Jan 20244,81773.023.30$15,885
Dec 20235,10971.262.61$13,338
Nov 20235,66377.892.81$15,899
Oct 20235,29185.443.09$16,335
Sep 20235,36789.042.74$14,679
Aug 20235,77380.522.67$15,431
Jul 20235,80374.852.64$15,330
Jun 20235,84968.962.26$13,210
May 20235,27370.622.23$11,745
Apr 20235,67978.122.24$12,708
Mar 20236,11872.852.39$14,641
Feb 20235,50775.112.47$13,579
Jan 20236,99676.533.39$23,700
Dec 20226,89276.415.73$39,485
Nov 20227,19885.005.65$40,641
Oct 20226,90187.185.86$40,466
Sep 202242584.888.16$3,470
Aug 20226,34994.529.13$57,948
Jul 20226,411101.587.54$48,352
Jun 20226,411115.097.98$51,142
May 20226,687109.378.43$56,392
Apr 20226,649104.226.84$45,463
Mar 20226,681108.885.08$33,915
Feb 20226,08991.054.86$29,585
Jan 20226,74981.844.54$30,625
Dec 20216,82171.323.90$26,596
Nov 20216,86277.435.24$35,935
Oct 20217,08679.795.71$40,488
Sep 20216,93269.865.35$37,093
Aug 20216,61566.024.22$27,919
Jul 20217,01670.783.98$27,938
Jun 20216,72069.493.38$22,718
May 20217,86463.483.02$23,731
Apr 20217,55960.362.76$20,851
Mar 20217,96561.302.72$21,640
Feb 20216,57357.805.55$36,467
Jan 20218,07550.412.81$22,693
Dec 20208,10144.642.68$21,674
Nov 20207,87738.772.71$21,320
Oct 20208,04736.972.48$19,944
Sep 20208,03137.091.99$15,990
Aug 20208,34539.982.39$19,904
Jul 20208,29538.371.83$15,139
Jun 20208,21534.901.69$13,886
May 20208,57916.921.81$15,569
Apr 20208,52014.751.80$15,373
Mar 20208,76130.341.86$16,262
Feb 20207,62849.881.98$15,109
Jan 20208,51257.252.09$17,830
Dec 20198,98759.012.30$20,709
Nov 20198,82455.302.75$24,272
Oct 20198,88853.472.42$21,496
Sep 20198,63555.052.66$22,946
Aug 20199,28853.112.30$21,403
Jul 20199,31656.272.46$22,918
Jun 20198,39152.782.49$20,904
May 20199,27658.482.74$25,419
Apr 20198,47362.632.75$23,307
Mar 20199,49256.803.06$29,065
Feb 20198,85850.852.79$24,733
Jan 20199,59346.033.23$30,968
Dec 20189,97246.594.19$41,737
Nov 20189,56752.934.24$40,538
Oct 201810,15761.443.40$34,514
Sep 201810,06959.543.11$31,294
Aug 201810,09259.403.07$30,948
Jul 201810,57365.142.93$30,999
Jun 201810,60760.183.08$32,637
May 201810,52765.382.90$30,537
Apr 201810,70063.842.90$31,039
Mar 201810,37561.222.79$28,913
Feb 201810,09861.782.77$27,932
Jan 201812,14462.874.01$48,689
Dec 20179,86957.272.92$28,832
Nov 201711,90755.423.12$37,130
Oct 201712,37149.292.98$36,911
Sep 201712,37547.523.09$38,205
Aug 201712,21345.373.00$36,693
Jul 201712,46243.873.09$38,474
Jun 201712,57042.493.09$38,807
May 201712,10245.373.26$39,494
Apr 201712,98647.933.21$41,706
Mar 201711,76346.772.98$35,097
Feb 201712,27350.452.95$36,237
Jan 201712,90249.413.42$44,109
Dec 201613,42448.763.72$49,975
Nov 20169,52942.492.64$25,198
Oct 201612,77646.193.09$39,481
Sep 201614,91741.553.10$46,252
Aug 201613,74241.442.92$40,186
Jul 201611,37041.622.92$33,250
Jun 20167,48445.352.69$20,101
May 20169,79442.521.99$19,500
Apr 201610,44836.561.99$20,802
Mar 20167,54233.011.79$13,530
Feb 201613,19826.472.06$27,236
Jan 201618,50227.352.36$43,745
Dec 201514,88532.362.00$29,791
Nov 201512,22138.792.17$26,487
Oct 201513,76043.552.43$33,390
Sep 201511,57542.992.76$31,929
Aug 201511,68440.162.87$33,562
Jul 201512,52648.152.95$36,890
Jun 201513,06856.152.88$37,673
May 201512,91855.212.96$38,179
Apr 201514,53449.822.71$39,337
Mar 201516,89842.892.93$49,591
Feb 201515,15644.662.98$45,107
Jan 201513,97743.433.10$43,338
Dec 201414,15654.693.59$50,839
Nov 201413,79970.464.25$58,671
Oct 201419,13678.303.90$74,649
Sep 201415,64186.164.05$63,275
Aug 201414,70489.394.04$59,332
Jul 201415,35396.564.18$64,169
Jun 201416,79598.164.74$79,556
May 201416,49594.734.73$77,965
Apr 201419,38795.944.81$93,234
Mar 201425,85495.895.06$130,739
Feb 201422,44897.406.19$138,998
Jan 201423,35490.404.86$113,517
Dec 201324,69591.824.35$107,534
Nov 201324,62888.853.74$92,066
Oct 201324,09997.423.78$91,079
Sep 201325,530104.113.72$94,914
Aug 201327,942104.253.52$98,429
Jul 201329,060102.523.72$108,038
Jun 201329,31694.403.93$115,312
May 201331,82694.834.15$132,049
Apr 201332,46993.964.28$139,051
Mar 201335,52193.623.91$138,989
Feb 201333,79791.233.42$115,583
Jan 201338,93591.603.42$133,154
Dec 201240,24286.773.42$137,634
Nov 201244,56286.953.62$161,535
Oct 201251,62789.383.40$175,515
Sep 201256,79494.672.92$165,748
Aug 201253,03892.662.91$154,243
Jul 201212,19485.133.02$36,836
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$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                5,439 Mcf  × $  3.05 =    $16,566

────────────────────────────────────────────────────
Month total                                  $16,566

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/265581 is the state's own key, not one this site invented.