OK CORRAL B 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 265795District 09Field 65280200GasSaveExport
Value, all time
$4.7 M
Mar 2012 – May 2026
Value, last 12 filed months
$189 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
GasProduction1,373,403 Mcf$4,726,506
Total$4,726,506

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 20262,623106.413.05$7,989
Apr 20264,11998.932.87$11,820
Mar 20263,94389.753.15$12,418
Feb 20263,40763.503.75$12,777
Jan 20264,91059.138.00$39,270
Dec 202512,09856.664.41$53,393
Nov 20257,33758.593.93$28,808
Oct 20252,79559.383.30$9,237
Sep 20251,97362.743.08$6,071
Aug 20251,70063.933.01$5,125
Jul 202562266.743.32$2,062
Jun 20256866.483.13$213
May 20251360.553.23$42
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 20231,79774.852.64$4,747
Jun 20232,04568.962.26$4,619
May 20232,57070.622.23$5,724
Apr 202373578.122.24$1,645
Mar 202375272.852.39$1,800
Feb 20233,08775.112.47$7,612
Jan 20233,49376.533.39$11,833
Dec 20221,22076.415.73$6,989
Nov 20223,24785.005.65$18,333
Oct 20224,61587.185.86$27,061
Sep 20222,98284.888.16$24,344
Aug 20222,93494.529.13$26,779
Jul 20222,791101.587.54$21,050
Jun 20223,044115.097.98$24,283
May 20221,197109.378.43$10,094
Apr 20221,604104.226.84$10,968
Mar 20223,111108.885.08$15,793
Feb 20223,17691.054.86$15,432
Jan 20223,50981.844.54$15,923
Dec 20212,91971.323.90$11,382
Nov 20212,89977.435.24$15,182
Oct 202127779.795.71$1,583
Sep 20213,23169.865.35$17,289
Aug 20213,84466.024.22$16,224
Jul 20214,73270.783.98$18,843
Jun 20214,21169.493.38$14,236
May 20215,15063.483.02$15,541
Apr 20215,14460.362.76$14,189
Mar 20212,72661.302.72$7,406
Feb 20212,77557.805.55$15,396
Jan 20214,95850.412.81$13,933
Dec 20205,26544.642.68$14,086
Nov 20205,12338.772.71$13,866
Oct 20205,01236.972.48$12,422
Sep 20202,17637.091.99$4,333
Aug 20206,93439.982.39$16,538
Jul 20206,61338.371.83$12,070
Jun 20204,82834.901.69$8,161
May 20203,94316.921.81$7,156
Apr 20201,35514.751.80$2,445
Mar 20203,20330.341.86$5,946
Feb 20204,85249.881.98$9,610
Jan 20203,88957.252.09$8,146
Dec 20195,58859.012.30$12,877
Nov 20191,83655.302.75$5,050
Oct 20195,64153.472.42$13,643
Sep 20193,49155.052.66$9,277
Aug 20196,82153.112.30$15,718
Jul 20196,13056.272.46$15,080
Jun 20197,27652.782.49$18,126
May 20194,87658.482.74$13,362
Apr 20196,03162.632.75$16,589
Mar 20193,78356.803.06$11,584
Feb 20195,34550.852.79$14,924
Jan 20196,33446.033.23$20,447
Dec 20186,97146.594.19$29,177
Nov 20186,57152.934.24$27,843
Oct 20187,44861.443.40$25,309
Sep 20187,10059.543.11$22,067
Aug 20186,80059.403.07$20,853
Jul 20187,03965.142.93$20,638
Jun 20187,14960.183.08$21,997
May 20187,12265.382.90$20,660
Apr 20185,32063.842.90$15,432
Mar 20188,95961.222.79$24,967
Feb 20187,37161.782.77$20,389
Jan 20184,78962.874.01$19,201
Dec 20178,14157.272.92$23,784
Nov 20179,00755.423.12$28,087
Oct 20178,92949.292.98$26,641
Sep 20179,41347.523.09$29,061
Aug 20179,95445.373.00$29,906
Jul 201710,43143.873.09$32,203
Jun 201710,74242.493.09$33,164
May 201711,91645.373.26$38,887
Apr 20177,61447.933.21$24,453
Mar 20176,75946.772.98$20,167
Feb 20176,63450.452.95$19,588
Jan 20175,54549.413.42$18,957
Dec 20166,08648.763.72$22,657
Nov 20167,29642.492.64$19,293
Oct 20167,29046.193.09$22,528
Sep 20166,82741.553.10$21,168
Aug 20167,78241.442.92$22,757
Jul 20167,59541.622.92$22,210
Jun 20167,18345.352.69$19,292
May 20167,67542.521.99$15,281
Apr 20167,37736.561.99$14,688
Mar 20168,25133.011.79$14,802
Feb 20168,55226.472.06$17,648
Jan 20169,64527.352.36$22,804
Dec 201510,02432.362.00$20,062
Nov 20159,84638.792.17$21,340
Oct 20158,06443.552.43$19,568
Sep 201510,24942.992.76$28,271
Aug 201510,58740.162.87$30,411
Jul 201510,79148.152.95$31,780
Jun 201510,79156.152.88$31,109
May 201510,35655.212.96$30,607
Apr 201511,24049.822.71$30,422
Mar 201512,65042.892.93$37,124
Feb 201510,93644.662.98$32,548
Jan 201514,03943.433.10$43,530
Dec 201414,77354.693.59$53,055
Nov 201412,81070.464.25$54,466
Oct 201414,96678.303.90$58,382
Sep 201415,30286.164.05$61,903
Aug 201417,82489.394.04$71,922
Jul 201419,28896.564.18$80,616
Jun 201420,41698.164.74$96,708
May 201425,64494.734.73$121,208
Apr 20144,48895.944.81$21,583
Mar 20141695.895.06$81
Feb 201410397.406.19$638
Jan 20148,24790.404.86$40,086
Dec 201319,19591.824.35$83,584
Nov 201320,44388.853.74$76,422
Oct 201323,83497.423.78$90,077
Sep 201324,450104.113.72$90,899
Aug 201325,485104.253.52$89,774
Jul 201326,936102.523.72$100,141
Jun 201329,17794.403.93$114,765
May 201337,86094.834.15$157,084
Apr 201328,40293.964.28$121,634
Mar 201327,68193.623.91$108,312
Feb 201329,12991.233.42$99,619
Jan 201334,51891.603.42$118,048
Dec 201236,93986.773.42$126,337
Nov 201241,70586.953.62$151,179
Oct 201246,06089.383.40$156,589
Sep 201250,09394.672.92$146,191
Aug 201256,03592.662.91$162,959
Jul 2012085.133.02$0
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                2,623 Mcf  × $  3.05 =     $7,989

────────────────────────────────────────────────────
Month total                                   $7,989

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/265795 is the state's own key, not one this site invented.