MT ACE 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 265748District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Jul 2012 – May 2026
Value, last 12 filed months
$186 k
at the published price for each month
Months reported
167
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
CondensateDisposition8 bbl$723
GasProduction1,523,860 Mcf$5,233,948
Total$5,234,671

Every month this lease reported (167)

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

167 months

May 202601,862106.413.05$5,671
Apr 202605,44198.932.87$15,614
Mar 202603,85889.753.15$12,151
Feb 202603,35963.503.75$12,597
Jan 202601,96759.138.00$15,732
Dec 202504,95456.664.41$21,864
Nov 202504,04158.593.93$15,867
Oct 202503,92059.383.30$12,955
Sep 202505,02062.743.08$15,446
Aug 202504,01263.933.01$12,095
Jul 202507,27366.743.32$24,111
Jun 202506,87366.483.13$21,504
May 202506,80160.553.23$21,983
Apr 202504,62062.363.54$16,369
Mar 202505,71567.704.27$24,393
Feb 202504,78470.884.34$20,767
Jan 202506,87074.324.28$29,395
Dec 202408,16668.993.12$25,489
Nov 202404,47769.052.20$9,842
Oct 202402,91871.372.28$6,657
Sep 202403,51369.612.36$8,306
Aug 202404,50275.632.06$9,290
Jul 202402,92679.932.15$6,281
Jun 202404,83678.082.63$12,738
May 202407,07378.812.20$15,550
Apr 202405,10984.451.66$8,477
Mar 202405,48380.301.55$8,472
Feb 202405,90376.091.78$10,529
Jan 2024022,28373.023.30$73,482
Dec 202305,90571.262.61$15,416
Nov 202305,26877.892.81$14,790
Oct 202306,48685.443.09$20,024
Sep 202307,58089.042.74$20,732
Aug 202307,77780.522.67$20,787
Jul 202306,91874.852.64$18,276
Jun 2023089468.962.26$2,019
May 202302,17070.622.23$4,833
Apr 202303,49678.122.24$7,823
Mar 202304,48672.852.39$10,736
Feb 2023090775.112.47$2,236
Jan 2023061876.533.39$2,094
Dec 2022062676.415.73$3,586
Nov 202202,81785.005.65$15,905
Oct 202201,88987.185.86$11,077
Sep 202201,03784.888.16$8,466
Aug 202203,54294.529.13$32,328
Jul 202212,707101.587.54$20,518
Jun 202204,768115.097.98$38,035
May 202213,059109.378.43$25,906
Apr 20222925104.226.84$6,533
Mar 202201,799108.885.08$9,132
Feb 202201,76091.054.86$8,552
Jan 202222,78881.844.54$12,815
Dec 2021067371.323.90$2,624
Nov 202101,91077.435.24$10,002
Oct 202102,98579.795.71$17,056
Sep 202123,23269.865.35$17,434
Aug 202102,67566.024.22$11,290
Jul 202104,92570.783.98$19,612
Jun 202104,85669.493.38$16,416
May 202102,40563.483.02$7,258
Apr 202101,21360.362.76$3,346
Mar 202102,34861.302.72$6,379
Feb 202102,10457.805.55$11,673
Jan 202101,75150.412.81$4,921
Dec 202003,46044.642.68$9,257
Nov 202005,29138.772.71$14,320
Oct 202006,41636.972.48$15,902
Sep 202005,84937.091.99$11,646
Aug 202005,28739.982.39$12,610
Jul 202003,23238.371.83$5,899
Jun 202003,75234.901.69$6,342
May 202003,77216.921.81$6,845
Apr 202003,86414.751.80$6,972
Mar 202002,41330.341.86$4,479
Feb 202003,83849.881.98$7,602
Jan 202004,04757.252.09$8,477
Dec 201904,24359.012.30$9,777
Nov 201902,67055.302.75$7,344
Oct 201903,22453.472.42$7,797
Sep 201903,23455.052.66$8,594
Aug 201903,31053.112.30$7,627
Jul 201904,24856.272.46$10,450
Jun 201904,92252.782.49$12,262
May 201906,05258.482.74$16,584
Apr 201905,28762.632.75$14,543
Mar 201903,98956.803.06$12,215
Feb 201904,06050.852.79$11,336
Jan 201902,36546.033.23$7,635
Dec 201805,78346.594.19$24,204
Nov 201805,74752.934.24$24,351
Oct 201806,01561.443.40$20,439
Sep 201806,23559.543.11$19,378
Aug 201808,32759.403.07$25,535
Jul 201807,89665.142.93$23,150
Jun 201809,76060.183.08$30,031
May 201806,15665.382.90$17,857
Apr 201806,36663.842.90$18,466
Mar 201806,74061.222.79$18,783
Feb 201803,89161.782.77$10,763
Jan 201805,95762.874.01$23,884
Dec 2017013,39957.272.92$39,145
Nov 2017012,96155.423.12$40,417
Oct 2017014,25749.292.98$42,538
Sep 2017010,06447.523.09$31,070
Aug 2017010,58145.373.00$31,790
Jul 201709,14143.873.09$28,221
Jun 201708,40242.493.09$25,939
May 201709,94045.373.26$32,438
Apr 2017010,20447.933.21$32,771
Mar 2017010,84446.772.98$32,355
Feb 201709,29850.452.95$27,453
Jan 2017010,79249.413.42$36,896
Dec 2016012,27248.763.72$45,687
Nov 2016011,15142.492.64$29,487
Oct 2016011,38046.193.09$35,167
Sep 2016012,72841.553.10$39,465
Aug 2016010,66041.442.92$31,173
Jul 201609,97541.622.92$29,170
Jun 201609,18545.352.69$24,669
May 2016011,36842.521.99$22,634
Apr 2016012,00336.561.99$23,898
Mar 2016012,08333.011.79$21,677
Feb 2016012,36126.472.06$25,509
Jan 2016014,00427.352.36$33,111
Dec 2015014,90232.362.00$29,825
Nov 2015017,02638.792.17$36,901
Oct 201504,65443.552.43$11,293
Sep 2015035142.992.76$968
Aug 2015048740.162.87$1,399
Jul 201501,63348.152.95$4,809
Jun 201507,23856.152.88$20,866
May 201508,27355.212.96$24,450
Apr 2015013,15249.822.71$35,597
Mar 2015011,22642.892.93$32,945
Feb 2015011,37944.662.98$33,866
Jan 2015015,38643.433.10$47,706
Dec 2014014,12354.693.59$50,721
Nov 2014013,07770.464.25$55,601
Oct 2014018,51378.303.90$72,218
Sep 2014019,45786.164.05$78,712
Aug 2014020,51189.394.04$82,764
Jul 2014021,43896.564.18$89,602
Jun 2014020,13098.164.74$95,353
May 2014024,83694.734.73$117,389
Apr 2014021,57895.944.81$103,771
Mar 2014021,71295.895.06$109,793
Feb 2014026,35497.406.19$163,184
Jan 2014024,75490.404.86$120,322
Dec 2013035,29891.824.35$153,704
Nov 2013031,60288.853.74$118,137
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013011,20294.403.93$44,062
May 2013024,16694.834.15$100,267
Apr 2013025,57293.964.28$109,514
Mar 2013025,68193.623.91$100,486
Feb 2013026,90091.233.42$91,996
Jan 2013032,20691.603.42$110,142
Dec 2012032,28186.773.42$110,406
Nov 2012038,26086.953.62$138,691
Oct 2012045,42489.383.40$154,427
Sep 2012042,05794.672.92$122,739
Aug 2012046,62392.662.91$135,587
Jul 2012037,78985.133.02$114,153

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                1,862 Mcf  × $  3.05 =     $5,671

────────────────────────────────────────────────────
Month total                                   $5,671

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/265748 is the state's own key, not one this site invented.