RIDDLE

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 265619District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.5 M
Jun 2012 – May 2026
Value, last 12 filed months
$415 k
at the published price for each month
Months reported
168
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
CondensateDisposition2,505 bbl$214,088
GasProduction3,254,730 Mcf$11,315,161
Total$11,529,249

Every month this lease reported (168)

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

168 months

May 202609,168106.413.05$27,924
Apr 202609,08798.932.87$26,077
Mar 202609,44489.753.15$29,743
Feb 202608,24363.503.75$30,914
Jan 202609,06859.138.00$72,525
Dec 202509,34656.664.41$41,247
Nov 202508,45358.593.93$33,190
Oct 202509,69359.383.30$32,034
Sep 202509,33762.743.08$28,729
Aug 202509,92063.933.01$29,906
Jul 202509,81566.743.32$32,539
Jun 202509,69166.483.13$30,320
May 2025010,11260.553.23$32,685
Apr 202509,83262.363.54$34,836
Mar 2025010,14267.704.27$43,289
Feb 202518,98470.884.34$39,069
Jan 2025110,25874.324.28$43,965
Dec 2024210,22868.993.12$32,063
Nov 2024310,29469.052.20$22,838
Oct 2024110,52771.372.28$24,088
Sep 2024210,08369.612.36$23,979
Aug 2024210,50275.632.06$21,824
Jul 2024210,86379.932.15$23,478
Jun 2024010,28878.082.63$27,098
May 2024010,93778.812.20$24,044
Apr 2024010,76284.451.66$17,856
Mar 2024010,92280.301.55$16,876
Feb 2024010,41976.091.78$18,584
Jan 2024011,03273.023.30$36,380
Dec 2023911,12271.262.61$29,678
Nov 20231110,75277.892.81$31,044
Oct 2023010,15385.443.09$31,345
Sep 2023010,54889.042.74$28,849
Aug 2023110,57780.522.67$28,352
Jul 2023011,12674.852.64$29,393
Jun 2023010,76568.962.26$24,313
May 2023011,66870.622.23$25,989
Apr 2023111,55178.122.24$25,926
Mar 2023011,47872.852.39$27,469
Feb 202309,83975.112.47$24,260
Jan 2023011,50376.533.39$38,969
Dec 2022012,17176.415.73$69,729
Nov 2022012,02085.005.65$67,867
Oct 2022012,71987.185.86$74,581
Sep 202208,08484.888.16$65,995
Aug 2022010,52094.529.13$96,018
Jul 2022011,250101.587.54$84,848
Jun 2022111,101115.097.98$88,670
May 2022111,527109.378.43$97,317
Apr 2022012,130104.226.84$82,940
Mar 2022012,557108.885.08$63,744
Feb 2022011,29991.054.86$54,900
Jan 2022012,14881.844.54$55,124
Dec 2021012,85571.323.90$50,123
Nov 2021012,62077.435.24$66,089
Oct 2021012,96079.795.71$74,052
Sep 2021011,65669.865.35$62,370
Aug 2021012,41566.024.22$52,399
Jul 2021112,85070.783.98$51,241
Jun 2021012,49069.493.38$42,224
May 2021012,97663.483.02$39,157
Apr 2021012,61160.362.76$34,786
Mar 2021013,03061.302.72$35,402
Feb 2021011,22157.805.55$62,254
Jan 2021113,52650.412.81$38,062
Dec 2020013,09844.642.68$35,043
Nov 2020013,15438.772.71$35,602
Oct 2020013,40636.972.48$33,226
Sep 2020013,75837.091.99$27,393
Aug 2020014,21739.982.39$33,909
Jul 2020014,27238.371.83$26,048
Jun 2020013,96434.901.69$23,603
May 2020014,40316.921.81$26,138
Apr 2020013,97714.751.80$25,220
Mar 2020014,44830.341.86$26,819
Feb 2020013,62349.881.98$26,983
Jan 202010514,85757.252.09$37,133
Dec 2019015,13259.012.30$34,870
Nov 2019014,36655.302.75$39,517
Oct 2019014,91953.472.42$36,082
Sep 2019014,52555.052.66$38,597
Aug 2019015,23553.112.30$35,107
Jul 2019015,26956.272.46$37,563
Jun 2019014,73652.782.49$36,710
May 2019015,48558.482.74$42,434
Apr 2019014,69062.632.75$40,408
Mar 2019015,77256.803.06$48,295
Feb 2019014,59550.852.79$40,752
Jan 2019016,10446.033.23$51,987
Dec 2018016,31146.594.19$68,269
Nov 2018016,12552.934.24$68,326
Oct 2018017,02561.443.40$57,852
Sep 2018016,46759.543.11$51,179
Aug 2018117,03459.403.07$52,295
Jul 2018017,07065.142.93$50,047
Jun 2018116,83360.183.08$51,854
May 2018017,80665.382.90$51,652
Apr 2018017,48363.842.90$50,715
Mar 2018118,20961.222.79$50,807
Feb 2018016,26061.782.77$44,977
Jan 2018017,20362.874.01$68,972
Dec 2017017,92357.272.92$52,362
Nov 2017017,73555.423.12$55,304
Oct 2017019,12049.292.98$57,048
Sep 2017018,83347.523.09$58,143
Aug 2017017,75745.373.00$53,349
Jul 2017019,46043.873.09$60,078
Jun 2017018,51342.493.09$57,155
May 2017021,12945.373.26$68,952
Apr 2017219,10747.933.21$61,460
Mar 2017119,18346.772.98$57,283
Feb 2017015,84450.452.95$46,781
Jan 2017018,04249.413.42$61,682
Dec 2016019,18548.763.72$71,422
Nov 2016120,05842.492.64$53,083
Oct 2016020,42046.193.09$63,103
Sep 2016020,15341.553.10$62,487
Aug 2016022,01041.442.92$64,365
Jul 20164722,37141.622.92$67,377
Jun 2016020,98545.352.69$56,362
May 2016022,32042.521.99$44,440
Apr 2016022,19536.561.99$44,191
Mar 2016022,96833.011.79$41,205
Feb 2016022,52526.472.06$46,483
Jan 2016023,27427.352.36$55,028
Dec 2015123,12432.362.00$46,313
Nov 2015124,11138.792.17$52,295
Oct 2015024,26443.552.43$58,879
Sep 2015222,37442.992.76$61,803
Aug 2015023,63940.162.87$67,903
Jul 2015024,25548.152.95$71,433
Jun 2015023,79456.152.88$68,595
May 201516125,34155.212.96$83,783
Apr 2015325,54549.822.71$69,289
Mar 2015127,63042.892.93$81,129
Feb 2015025,97744.662.98$77,312
Jan 2015028,43843.433.10$88,176
Dec 2014029,32254.693.59$105,306
Nov 2014029,34070.464.25$124,749
Oct 2014031,79278.303.90$124,019
Sep 2014032,45886.164.05$131,307
Aug 2014034,66589.394.04$139,877
Jul 2014032,97696.564.18$137,826
Jun 2014031,97398.164.74$151,452
May 2014033,81694.734.73$159,833
Apr 2014034,14095.944.81$164,183
Mar 2014036,66995.895.06$185,428
Feb 201419835,12697.406.19$236,785
Jan 2014040,11190.404.86$194,968
Dec 2013041,64491.824.35$181,338
Nov 2013040,85888.853.74$152,739
Oct 2013046,05297.423.78$174,047
Sep 2013045,923104.113.72$170,730
Aug 2013050,193104.253.52$176,810
Jul 2013054,125102.523.72$201,223
Jun 201319156,42994.403.93$239,989
May 2013060,82994.834.15$252,384
Apr 201310461,09493.964.28$271,412
Mar 201319660,50193.623.91$255,082
Feb 201319855,92491.233.42$209,319
Jan 201319664,78991.603.42$239,526
Dec 201239465,57686.773.42$258,468
Nov 201246560,42186.953.62$259,455
Oct 201219549,28389.383.40$184,976
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$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                9,168 Mcf  × $  3.05 =    $27,924

────────────────────────────────────────────────────
Month total                                  $27,924

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/265619 is the state's own key, not one this site invented.